What Is TRON (TRX)?

Jason Matt Lukis, MBA, MS
2 min readAug 23, 2021
Image Credit: Tron

TRONIX is a MainNet token based on the TRON Protocol issued by TRON Foundation, known as TRX.

TRX is the basic unit of accounts on the TRON blockchain. The value of all other tokens derives from that of TRON. TRX is also a natural medium currency for all TRC-based tokens. TRX connects the entire TRON ecosystem, with abundant application scenarios that power transactions and applications on the chain.

Tokens include TRX, BTT, USDT, & JST which can be TRC10 or TRC20 tokens. Tron also allows developers to build applications on its decentralized network and create their own tokens.

Transactions per second

Bitcoin can handle up to 6 transactions per second

Ethereum up to 25 transactions per second

TRON claims that its network has a capacity for 2,000 TPS or transactions per second.

About Tron

TRON was founded by Justin Sun who now serves as its CEO. He was educated at Peking University and the University of Pennsylvania and was recognized by Forbes Asia…



Jason Matt Lukis, MBA, MS

MBA in Management from NSU | MSci. in International Real Estate from FlU | Graduate Student in Social Media at UF