Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => TRON (TRX) Forum + Ecosystem => Topic started by: Goldlife on April 18, 2021, 07:21:47 PM
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TRON implements a version of Delegated Proof-of-Stake (DPoS) that was initially conceived by Dan Larimer and is employed on other networks like EOS. DPoS can achieve a higher transaction per second (TPS) than proof-of-work (PoW) networks like Bitcoin and Ethereum’s current iteration. TRON optimizes DPoS somewhat, however, with a system of ‘Super Representatives’ who are elected by TRX (TRON’s native token) holders and perform the brunt of network consensus. As such, Dapps can run more smoothly on TRON without encountering network congestion and high gas costs that at one time plagued Ethereum. While able to achieve a higher performance of roughly 2,000 TPS, DPoS consensus typically comes at the cost of more network centralization -- the example being there are only 27 Super Representatives. TRON is an open-source project with a sizeable Github repo primarily written in the language Java. The TRON Foundation, which oversees the development of the platform, has dual headquarters in Beijing and San Francisco currently. What once was a vision for a decentralized content distribution platform, TRON has morphed into a platform with a broader scope, going by the motto -- ‘Decentralize the Web.’ Since the official launch of the TRON blockchain, the community has been actively growing while seeking to foster a wider audience and developer population through incentives. For example, the TRON Accelerator was a month-long developer competition to build dapps on the network, with granular prize grants given to the leading teams and their dapps. Similarly, the TRON Arcade is a $100 million fund for developers to build Dapps, explicitly focused on gaming, on the network. Among current Dapps on the TRON network, games -- particularly gambling -- are by far the most popular regarding both number of users and TRX consumed.
Future Plans
Moving forward, TRON’s integration with BitTorrent will likely play a pivotal role in the future development of the network and its community. Similarly, TRON’s founder, Justin Sun, plays a conspicuous part in the promotion of the network and extending partnerships to third-party firms looking to leverage blockchain technology. The TRON roadmap completed its first significant milestone, Exodus, at the end of 2018 and just initiated its second major phase -- Odyssey. The Odysey phase will focus on encouraging content creation and development through economic incentives and is pegged to run through June 2020 and will be followed by ‘The Great Voyage’ phase.
More details: https://www.ledger.com/tron-wallet