The buzz around Tron cryptocurrency has increased greatly now when people are more aware of the world of digital currency. This cryptocurrency just like any other digital currency is assigned digitally to work as a medium of exchange. The records for ownership for cryptocurrency are stored in a ledger with strong cryptography that enables no misuse of the currency. It employs blockchain technology that acts as a public financial database. It essentially makes the data entered irreversibly and is permanently recorded to be viewed by anyone. Now here, Tron is a blockchain peer to peer technology content-sharing platform to decentralize the internet that enables the sharing of digital content with ease. It eliminates the need for middlemen and links the content creator with the consumer. Its decentralization refers to that its authority and organization are not regulated singularly. The Tron network utilizes Tronix as their currency to carry out all the transactions. Tronix is the basic unit of its blockchain system. Tron aims to achieve its goals in six phases thereby, aiming to revolutionize the entertainment and content sharing industry. This includes distributed file sharing, rewarding content creation to drive it more successfully, allowing content creators to share their tokens, and decentralizing the gaming industry. It is believed to be the new social media outlet that will enable people to make and share content with anyone in the world.