Smart Contract

in

Self-executing contracts with the terms of the agreement directly written into code. Smart contracts on the TRON blockchain are executed automatically when predetermined conditions are met.

DApp

in

An application that runs on a decentralized network, such as a blockchain. TRON supports the development and deployment of DApps.

TRX

in ,

The native cryptocurrency of the TRON blockchain. TRX is used for various transactions within the TRON network, including payments and smart contract executions.

Software Wallet

in

A digital wallet that exists as software on a computer, mobile device, or online platform. Users can access their funds through a user interface.

Hardware Wallet

in

A physical device that securely stores private keys offline. It provides an extra layer of security compared to software wallets, as it is less susceptible to online threats.

Mnemonic Phrase

in

A series of words that serve as a backup for a cryptocurrency wallet. It is used to recover the wallet and access funds in case the original wallet is lost or inaccessible.

Public Key

in

A cryptographic key derived from the private key, used to receive cryptocurrency. The public key can be freely shared, and funds can be sent to this address.

Private Key

in

A cryptographic key that allows access to the funds in a cryptocurrency wallet. It should be kept secure and private, as anyone with access to the private key has control over the associated funds

TRON

in ,

A blockchain-based platform designed to build a decentralized internet. TRON allows for the creation and execution of smart contracts and the development of decentralized applications (DApps).

Centralized Exchange

in

An exchange where users deposit their funds into accounts controlled by the exchange, which acts as an intermediary for trading. Examples include Binance and Coinbase.