What is the Tron blockchain? 

Tron consists of a decentralized storage system, built using distributed liquidity technology, which enables users to access content freely.

The official cryptocurrency of Tron, called TRX (Troinix), can be bought or sold on major crypto exchanges such as Binance and KRaken.

One of Tron's biggest advantages is its lightning-fast transaction processing speed. While Bitcoin processes 6 transactions per second and Ethereum 25 transactions per second, Tron has the capacity to process 2000 transactions per second (2K TPS).

This makes it a viable option for developers to create dApps with scalability and efficiency in mind. Additionally, the platform offers several convenience benefits such as fast fees and high level of security.

Tron blockchain architecture

The Tron Blockchain consists of three distinct layers.

The Application Layer serves as the foundation for developing applications and crypto-wallets.

The Core Layer contains smart contracts and software coded using the protocols APIs & consensus algorithms. At the heart of it lies Tron’s own Delegated Proof of Stack (DPoS) consensus which works to validate blocks being added to the blockchain in exchange for rewards in TRX tokens.

Finally, at the bottom sits the Storage Layer which consists of distributed storage components such as blocks storage, state storage, andGRPC.

The blockchain architecture provided by Tron promotes scalability when compared to traditional blockchains by providing enhanced transaction speed with decreased transaction cost.

This is mainly due to its backbone layer which uses an up-to-date infrastructure supported by high end computing power and artificial intelligence algorithms.

Additionally, its self governance structure consisting of community based election gives rise to more trustworthiness since it follows a democratic process in accepting validated blocks on the chain. As a result, this gives it an edge over other existing networks as far as decentralization is concerned.

Tron blockchain pros

1. Scalability: The TRON blockchain is much faster compared to other similar blockchains and can process up to 2000 transactions per second.
2. Faster Transactions: With the ability to handle more transactions, this blockchain also has incredibly fast transaction times and requires low fees for users.
3. Lower Storage Costs: TRON blockchain offers much lower storage costs than traditional alternatives, making it an attractive option for many businesses and developers.
4. Security and Decentralization: With strong security measures in place, TRON blockchain is highly secure while still being decentralized.
5. Open Source Platform: TRON is open source with a thriving community behind it which continuously works on improving existing features as well as adding new ones with each update.

Tron blockchain cons

1. Limited Use Cases: TRON is aimed at decentralized entertainment use cases, limiting its usefulness for other industries.
2. Significant Competition: TRON faces a great deal of competition from other blockchain projects and industry incumbents.
3. Potential Security Issues: The decentralization of certain aspects could create potential security risks if not managed properly.
4. Scalability Challenges: TRON has struggled to handle high transaction volumes at times, causing some delays and bottlenecks in the network.
5. Centralized Governance Structure: Some have expressed concerns about TRON's centralized governance structure, with Justin Sun largely controlling the development and direction of the platform
6. Poor User Experience: The user experience could be a bit confusing to new users who are not familiar with blockchain technology and cryptocurrencies 

Tron blockchain features

1. High-throughput computing: The Tron blockchain is able to process more than 1,000 transactions per second (TPS).
2. Scalability: The Tron blockchain supports millions of users simultaneously.
3. Flexibility: It can be used to run smart contracts and decentralized applications on various platforms.
4. Off-chain transactions: Transfers of value can occur between addresses outside of the main chain.
5. Open source code base: It allows developers to easily customize their networks and applications.
6. Low latency: Transactions are processed quickly and efficiently.
7. Low fees: Transactions are incredibly cost effective compared to mainstream payment systems such as Visa or Mastercard