TRON (TRX)
Official webpage https://tron.network/
Tron is based in Singapore and saw the light of day in 2017 with Justin Sun as founder. They have been good at marketing and have made a number of decisions that have made them stand out (For example, a partnership with Pornhub).
The ambition is to focus on media, such as streaming video, but do so in a decentralized way. You bought the BitTorrent client for a large sum of money and see in front of you that you get BTT (Bittorrent Token) to share content, which you can then spend on other media content.
It supports smart contracts, and has many gambling sites that use TRON. There is also support for other tokens on top of TRON, just as Ethereum did with ERC-20.
Advantages
- Good at marketing - they are heard and seen.
- They work against censorship and are because individuals own their own data.
- Fast transactions, they claim to handle 2000 transactions per second.
Disadvantages
- You easily get the feeling that the project is something frivolous, and has been accused of twisting code and plagiarizing whitepapers. Those who use the currency are also dubious industries.
- No support for anonymous / secret transactions.
Buying
They can buy BNB (Binance Coin) with a credit card on it Binance and then buy TRX for these. Alternatively, buy Ethereum at CoinBase, move these to Binance, and then switch ETH to TRX (Tron).