TRON Whitepaper

Vision
TRON is an ambitious project dedicated to the establishment of a truly decentralized Internet and its
infrastructure. The TRON Protocol, one of the largest blockchain-based operating systems in the
world, offers public blockchain support of high throughput, high scalability, and high availability for
all Decentralized Applications (DApps) in the TRON ecosystem. The July 2018 acquisition of
BitTorrent further cemented TRON’s leadership in pursuing a decentralized ecosystem.

Background
The introduction of Bitcoin in 2009 revolutionized society’s perception of the traditional financial
system in the wake of the Great Recession (2007-2008). As centralized hedge funds and banks
collapsed from speculation in opaque financial derivatives, blockchain technology provided a
transparent universal ledger from which anybody could glean transaction information. The
transactions were cryptographically secured using a Proof of Work (PoW) consensus mechanism,
thus preventing double spend issues.

In late 2013, the Ethereum white paper proposed a network in which smart contracts and a
Turing-complete Ethereum Virtual Machine (EVM) would allow developers to interact with the
network through DApps. However, as transaction volumes in Bitcoin and Ethereum peaked in 2017,
it was apparent from the low transaction throughput times and high transaction fees that
cryptocurrencies like Bitcoin and Ethereum in their existing state were not scalable for widespread
adoption. Thus, TRON was founded and envisioned as an innovative solution to these pressing
scalability challenges.

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TRON Website

TRON Whitepaper v. 1
TRON Whitepaper v.2

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