With the TRON platform, TRX Token wants to bring distributed and decentralized data storage technology to the entertainment and content creation industry. It makes the distribution of digital content easier and provides rewards for participation. In this article, as Kriptokoin.com, “What is Tron?” We will answer the question. In addition to these, we will touch on all the questions about the project.
What is tron? What does TRX do?
The TRON platform was launched in September 2017 with the slogan “Centralizing the Web”. It has been introduced as the decentralized Blockchain focusing on smart contracts and high performance as the basis of the content sharing system.
These features are primarily focused on the entertainment industry and content sharing. But TRON developers are now promoting their platform as the foundation for a new decentralized World Wide Web. In addition, TRON wants to be a full-blown operating system developed to facilitate the distribution of custom DApps.
How does it work?
Tron Tokens cannot be obtained by mining. Tron Platform handles transaction sizes, block intervals, and fee schedules by elected delegates. It also uses the TPOS mechanism created as a modified DPoS consensus mechanism.
In this system, 27 so-called Super Representatives (SR) are responsible for generating blocks. All changes planned for entry into the TRON network must be voted on by investors holding Tron Tokens. The same goes for voting for delegates tasked with dealing with the network. However, the top 27 candidates were promoted to SRs. All these processes are continuous and take place according to the performance of each delegate. There are three types of nodes on the TRON platform:
- witness nodes: These nodes are set up by Super Agents. It is also mainly responsible for the formation of blocks, the voting process and the submission of voting proposals.
- full nodes: These nodes are responsible for APIs, broadcast operations and blocks.
- Strength nodes: These nodes synchronize blocks from full nodes. It also manages indexable APIs.
What is tron? How to buy TRX?
Exchanges that can be traded with TRX at the moment; Binance is OKX, BTCEX, MEXC. To purchase coins, these steps are followed:
First, access the web/mobile application of the TRX-listing exchange you selected as the first step. Then complete the account opening steps of the exchange. Complete the next step, the authentication and approval process. Follow the steps of the exchange, which is the next step, to deposit funds. As the last step, select TRX Coin with the balance amount you want and create a purchase order. Store it in your trusted accounts.
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