Many in the cryptocurrency domain believe that transparency and the rights of users to protect their personal information are some kind of combination of immutable laws that every platform must abide by. However, the sad reality is that virtually no platform abides by these so-called principles of decentralization and blatantly violates all imaginable user rights. Indeed, the first step to violating said rights comes when users are required to register, pass a demeaning identity verification procedure and then wait for approval from the authority of the platform to verify who they are. Needless to say, the personal information becomes the property of the platform and any semblance of privacy is instantly lost.
In a feeble effort at protecting the privacy and individual personal information rights of digital space users, the Tron Foundation – a Singapore-based company – released the Tron blockchain. The new network was intended to become the embodiment of blockchain qualities and characteristics, a new and freely-accessible space for all those who valued privacy and disdained corporate enslavement. The moment the Tron network was launched, users rushed to find out more about its native TRX coin. Search engines were flooded with queries “where can I buy TRX coin” and the like. Users in the United States were most interested in the new asset, adding queries like “where can I buy Tron coin in the US” to the mix, further cluttering the digital space with needless information.
The new crypto found resonance among a large group of followers, especially among those attributing themselves to the creator economy. The reason was quite simple, since the Tron website was created to cater to creators and allow them to post a large amount of video and other visual content. So, the question of how to buy crypto quickly faded, since Tron did everything possible to reach as many users as it could.
A few reasons why Tron became popular:
- Accessible price;
- High security;
- Quick transaction processing;
- Good blockchain throughput.
The cryptocurrency also boasted good security and was popular enough to become a means of payment in Africa, largely due to its accessible price. There were even fan sites devoted to it, such as Our TRX, which devoted special materials to exploring its capabilities. Soon enough, many started heralding that TRX would take over the status of Bitcoin as the leading cryptocurrency for transactions in the digital space. However, such wet dreams had to be put to rest quite quickly, since the Tron app was subjected to multiple reviews from the US government and its investors started demanding a return of their funds following a series of scandals.
When one is considering buying a cryptocurrency, the first thing that should come to mind is the possibility of making a profit on it. As such, one must follow the latest news on cryptocurrency market matters on a daily basis and catch the right vibe to make entry into the market. With so many projects available, one must gain access to USD dominated markets and make sure that the fiat they possess can be profitably exchanged for cryptocurrencies and vice versa.