The TRON Protocol is a decentralized, open-source blockchain based operating system and it is secured by a delegated-proof-of-stake (DPoS) consensus mechanism. It offers public blockchain support for all Decentralized Applications (DApps) in the TRON ecosystem. TRONIX is the mainnet native token of the TRON Protocol issued by TRON DAO, known as TRX.
The TRON Foundation is the organization behind the TRON (TRX) cryptocurrency. H.E. Justin Sun created the TRON Foundation in July 2017. He is the key contributor and CEO of the TRON Foundation. In December 2021, Justin Sun stepped down from his position of CEO and joined the Government of Grenada as its ambassador to the World Trade Organisation (WTO) and he also announced that the TRON Foundation will dissolve itself in next summer, having used up or appropriated nearly all of its funds and leaving the blockchain’s ecosystem completely in the hands of its community.
H.E. Justin Sun - Founder
H.E. Justin Sun is a Geneva-based Chinese-Grenadian diplomat, entrepreneur and business executive. He recently became the ambassador and permanent representative of Grenada to the WTO.
Previously, he created his own cryptocurrency company, The TRON Foundation (and TRON Protocol), launched in 2017. He was also associated with Ripple, serving as its chief representative in the Greater China area. He was featured in 2015 and 2017 Forbes China 30 under 30, 2017 Forbes Asia 30 under 30.
Before entering into crypto, he co-founded Peiwo, a popular Snapchat-like app for China with millions of users and he was also a member of the first cohort of entrepreneurs at Hupan University, an elite business school established by the founder of Alibaba Group, Jack Ma.