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CoinGate adds support for TRON blockchain and TRX payments for merchants

Published by CryptoNinjas.net
01/15/2019
CoinGate adds support for TRON blockchain and TRX payments for merchants

Bitcoin and cryptocurrency payment company CoinGate has announced the addition of TRON blockchain and TRX payments for its merchant users. As blockchain-based technologies grow, the CoinGate team believes the TRX coin might as well become a commonly used payment option on its gateway. Recognizing that, the CoinGate system now provides a way to spend TRX cryptocurrency at more than 4,500 online vendors.

TRON is dedicated to building the infrastructure for a truly decentralized Internet. The Tron Protocol, one of the largest blockchain-based operating systems in the world, offers scalable, high-availability, and high-throughput support that serves as the foundation for all decentralized applications in the TRON ecosystem. It also provides better compatibility for Ethereum smart contracts through an innovative, pluggable smart contract platform.

TRON is secured by the Proof-of-Stake rather than Proof-of-Work, and does not require that much power to function effectively and securely. As a result, any attempt to alter, delete or demonetize content published on TRON would be impossible as all the data is permanently stored on the blockchain – at least before usage of the network grows significantly enough to shed light on shortcomings of its PoS consensus.

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