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What Is tron ?
TRON is a decentralised blockchain platform, similar to Ethereum. It is based out of China.
The TRON network positions itself as a direct competitor to Ethereum, as it has the ability to house DApps and execute smart contracts, however it claims to have a superior solution to scalability.
TRON operates on a DPoS (Delegated Proof of Stake) algorithm, which is notably faster and more energy efficient than Ethereum. It also requires far lower fees to execute transactions, and has an active coin burn.
TRON recorded its first 1 million user accounts after only 18 months after its mainnet launch, further fueling claims that its growth and underlying tech was superior to Ethereum.
The tron Team
TRON’s website does not have a team page. The closest thing is their About page which only lists their founder, Justin Sun.
Justin Sun is a masters graduate from the University of Pennsylvania in Political Economy, according to his Linkedin. He also has a BA in History from the University of Peking. He is also a graduate of Jack Ma’s Hupan University.
He was the Chief Representative of Ripple in China from 2013 – 2016.
He founded the Chinese app Peiwo, which grew to 10 million users.
Forbes Asia listed him in their 30 Under 30 in 2017.
No other team members can be confirmed.
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How To Buy In New Zealand
In New Zealand, the cheapest option to buy OMG is Independent Reserve – it is one of the few ERC 20 tokens they have listed. To purchase OMG using Independent Reserve, simply sign up for a free account at their homepage here: www.independentreserve.com.
To buy instantly with New Zealand dollars, we recommend using EasyCrypto. Rates are some of the fairest in NZ and transactions are fast.
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