Tron’s past adds a character to its story just as much as its recent achievements. This has led to Tron being among the top blockchains in the cryptocurrency world.
, it is worth noting that it attributes its growth to a strong foundation. The latter was underpinned by the involvement of other major protocols and products.Tron is already a well-established layer 1 blockchain network that has a slew of products. However, many people might not know about its humble beginnings as An ERC20 token on theTron DAO was formed to ensure decentralization once the network developed its own blockchain. Tron later acquired the P2P file-sharing platform BitTorrent.
The BitTorrent acquisition allowed it to continue its operations and it was one of the ways that the Tron network could give back to the community. Its latest report revealed healthy figures including total revenue which recently peaked at 21,369 BTT. This equates to roughly $9.97 million at present market value. Storage contracts recently crossed the 117 million milestone and 7.1 million total miners.
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