What is Tron (TRX)?
TRON (TRX), founded by Justin Sun in 2017, was initially launched as an ERC-20 token on the Ethereum network, later migrating to its own independent blockchain in 2018. TRON aims to revolutionize the digital content and entertainment industries by creating a decentralized platform that eliminates middlemen and allows content creators to directly earn from their work. The TRON blockchain uses a delegated proof-of-stake consensus mechanism, which is designed to offer high transaction throughput and scalability. The TRX token is the native cryptocurrency of the TRON network, used for transactions and applications within the ecosystem.
The platform supports various blockchain applications, particularly focusing on entertainment and social media applications. TRON’s unique proposition lies in its commitment to building a decentralized internet and its emphasis on content creators’ rights and revenue. It has gained traction in the blockchain community for its efficient transaction processing and user-friendly approach to content distribution, aspiring to empower users and creators in the digital content space.
The platform supports various blockchain applications, particularly focusing on entertainment and social media applications. TRON’s unique proposition lies in its commitment to building a decentralized internet and its emphasis on content creators’ rights and revenue. It has gained traction in the blockchain community for its efficient transaction processing and user-friendly approach to content distribution, aspiring to empower users and creators in the digital content space.
Why choose Rabbit Wallet for Tron?
Whether you're a total crypto newbie or a seasoned pro, Rabbit Wallet's got your back for
handling your TRX with ease. Check out some cool features that make Rabbit stand out:
Exchange Tron (TRX)
With the Rabbit's built-in coin swap feature, you can exchange your Tron for
any other coin at the best rates without ever leaving the cozy confines of your
wallet.
Self-Custodial
With a self-custodial wallet, you control the keys to your Tron, meaning that
nobody, not even Rabbit, can ever access your coins. This also leads to faster
transactions with no third-party fees except for miners and increased flexibility.
Optimal Fees
The unique fee calculation algorithms provide you with various options when
available, allowing you to choose the most optimal one to ensure your transaction is
confirmed both swiftly and cost-effectively.
User-Friendly
We've worked hard to make Rabbit Wallet user-friendly for everyone. Packed with
features, it suits users at all levels, and our developers respond directly when
help is needed.
How to use Rabbit Wallet?
Creating a new wallet takes just a few clicks, and requires no information from you.
Here is a short brief on how you can create your new wallet:
Here is a short brief on how you can create your new wallet:
Save your phrase
You will be given a phrase, which will act as a primary key to your wallet. Save it
securely.
Set your password
Password is required to both open your wallet, and to perform any transactions.
You are in!
Now you are all set to explore the crypto world! Welcome to freedom!
Friendly tip: Having your passphrase on a sticky note under a keyboard might not be the best way to
store it.