Is it a good time to buy TRON?

What makes TRON cryptocurrency a good buy? Backed by the blockchain technology, the TRON cryptocurrency has the functionality which enables it to host multiple decentralised applications. Also, its future potential of leading the Web 3.0 referred above as well as its affordable pricing makes it a good buy .

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Who is the owner of TRON?

Brash and outspoken, Tron founder Justin Sun has always been a controversial figure in crypto. More audacious than his reputation, Sun has an even riskier approach to U.S. and Chinese financial regulations — and is often trying to evade them.9 Mar 2022

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How does TRON make money?

The TRON network relies on a Delegated-Proof-of-Stake (DPoS) consensus mechanism to secure the blockchain . A DPoS is similar to a proof-of-stake consensus mechanism in that it allows users to earn passive income whenever they stake their holdings in a network wallet.

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What is TRX burned?

TRX Migration On June 25, 2018, TRON’s mainnet was launched, and the ERC20-based TRX has migrated to TRON’s mainnet; therefore, TRON DAO has gradually burnt the ERC20-based TRX. As of now, the total number of ERC20 TRX burnt is 99,188,397,993.45 , accounting for 99.19% of the total supply.

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