What is Tron?
Tron (TRX) is a high-throughput Layer-1 blockchain launched in 2018 by Justin Sun. It is EVM-compatible, uses a delegated Proof-of-Stake consensus model with 27 super representatives, and has become one of the dominant chains for stablecoin activity - particularly USDT.
Tron was initially positioned as a decentralized content platform but has evolved into a general-purpose EVM chain with unusually cheap transactions. Those low fees, combined with the Tron Foundation's early integration work with Tether, made Tron the default rail for USDT remittance activity across Asia, Africa and Latin America.
How does Tron work?
Tron's consensus uses 27 block-producing Super Representatives elected by TRX holders. New blocks are produced every three seconds, giving the chain near-instant finality. Because the validator set is small and fixed, Tron's throughput is high and fees are negligible, at the cost of a more centralised trust model than chains with permissionless validator sets.
Users can pay for transactions using either TRX directly or by 'freezing' TRX to obtain bandwidth and energy points. This dual-resource model is why small stablecoin transfers on Tron can often be executed without any visible transaction fee.