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Tron network enables developers to implement smart contracts, build dApps, and launch TRC-20 tokens with no gas fee.
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It became completely decentralized in 2021 after its CEO resigned, making room for a community-driven DAO.
How Does The Tron Network Work?
Initially built as a layer-2 protocol on the Ethereum network, Tron is a community-governed blockchain that focuses on decentralizing the internet and empowering developers and users. It enables developers to build decentralized applications (ranging from gaming, finance, multimedia applications, and NFTs) on its blockchain and run them securely through its virtual machine. The Tron Virtual Machine (TVM) acts as an operating system for developers to execute smart contracts. It is compatible with the Ethereum Virtual Machine (EVM), meaning that developers can import their dApps from the Ethereum network and mint TRC-20 tokens without incurring extra fees.
To give developers flexibility while creating
We współpracy z: https://www.thecoinrepublic.com/2023/08/20/understanding-the-workings-of-tron-dao/
