A majority of big internet players such as Facebook, Youtube, and Google offer free internet services to their users. As a result, they in turn store and sell their users’ data to other large advertising corporations who flood our eyes with the things we need.
As a result of this inference, a decentralized protocol grounded a blockchain technology tailor-made for the entertainment industry is born. Tron (TRX) is the name of the revolutionary Blockchain technology. Tron intends to make its users the real architects of the data they publish on the platform enabling them to exercise total control over their online activities.
With that said, and with Tron (TRX) intending to be the preferred platform for content delivery of which its storage is distributed, data uploaded on the Tron platform gets stored on personal computers of network members who wish to do so instead of being stored on servers like in the case with big Internet corporations.
In exchange for the decentralized functionality and storage, users will have to acquire the blockchain’s currency, the Tronix or TRX to be their default virtual currency in their everyday virtual trade dealings.
The issue of decentralizing the internet is not new, and Tron is not alone in this quest. Many players are also involved in activities that would make the current centralized internet more localized.
Players such as the Mozilla Foundation, a nonprofit organization that finances the open-source tools and the Firefox browser, Richard Hendricks, the man behind HBO’s Silicon Valley, and Sir Tim Berners-Lee, the originator of the world wide web all want to see a more decentralized internet.
What’s the Problem with the Internet? Isn’t it Already Decentralized?
The answer to the question is Yes and No. The Internet is physically localized since no single corporation or entity can claim ownership to it, but at large, centralized service providers sustain its essential services such as social media, cloud computing, search engines, DNS services, email services, web hosting, and many other services.
These services heavily depend on resources that are highly concentrated in limited physical and virtual servers. This situation allows and makes it convenient for corporations to maintain the services they offer to internet users.
It’s a centralized working architecture, but it sometimes creates problems by holding hostage internet users. If the servers of these corporations go down for whatever reason, we lose total access to essential functionalities and services.
If they get compromised through cyber-attacks, we lose personal data. If they decide to sell our data to other advertising companies, there is nothing we can do. We do not have any control over our own internet experience. Simple.
Can Tron Decentralize the Internet?
Decentralizing the internet is not just a fancy word to be used to boost virtual currency trading and prices to a public unsuspecting. On Tron part, it is a rigorous process that in the end will give users back the power to control their destinies on the Internet.
In a time where information is taken without consent and sold to companies with the deepest pockets, decentralization is indeed a requirement and a necessity. Although being a tough feat to achieve, we believe Tron (TRX) under the leadership of visionary Justin Sun, has what it takes to decentralize the internet as much as possible.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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