What is Tron Blockchain?

TRON DAO (trondao.org) is a decentralized autonomous organization built on the TRON blockchain, aiming to foster a decentralized internet. Here are its key aspects:

• Mission and Vision: TRON DAO focuses on empowering users to take control of their digital lives by promoting a decentralized internet. This involves enabling users to share content, play games, and engage with decentralized applications (dApps) without the oversight of centralized entities.
• Technical Framework:
  • Blockchain Technology: Utilizes a blockchain platform known for high throughput, handling thousands of transactions per second, and low transaction fees, making it attractive for dApp developers.
  • Smart Contract Functionality: Supports smart contracts, which are essential for creating dApps, DeFi solutions, NFTs, and more.
  • Delegated Proof of Stake (DPoS): Uses DPoS as its consensus mechanism, which allows for high scalability and efficiency.
• Ecosystem and Development:
  • TRON Ecosystem Fund: Aims to define decentralization, offering various programs like Hackathons, integration funds, venture investments, and grants to promote development and innovation within the TRON ecosystem.
  • TRON Grand Hackathon: An event series where developers compete to build innovative dApps, contributing to the growth of the TRON network.
  • Education and Research: Through initiatives like the TRON Academy, it provides blockchain education, aiming to nurture the next generation of blockchain developers and researchers.
• Community and Governance:
  • Decentralized Governance: As a DAO, it's governed by its community, moving away from traditional company structures to decentralized decision-making.
  • Community Engagement: Features like forums and hackathons encourage community involvement in development and governance.
• Recent Developments (as of 2024):
  • Integration with Chainlink: TRON DAO has adopted Chainlink Data Feeds as its official oracle solution, enhancing the security and reliability of its DeFi applications.
  • Growing Transaction Volume: There's been an increase in transaction fees and demand on the network, indicating growth in usage and interest in TRON's ecosystem.
• Currency: The native cryptocurrency is Tronix (TRX), which plays a central role in transactions and governance within the TRON network.
• Philosophy: TRON DAO emphasizes user empowerment, aiming for an internet where users have sovereignty over their data and digital interactions, challenging the conventional centralized models of internet governance.