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What is TRX? How does the wave field Tron work?

What is TRX? How does the wave field Tron work? Bochang coin, TRON, whose name is (TRX), was created by the Tron Foundation in 2017. The founder's name is Sun Yuchen Justin Sun. TRX originally wanted the ERC-20 token from Ethereum, and then transferred to

Today, the editor will introduce TRX, which may be unfamiliar to some novice investors. The original purpose of the Tron (TRX) blockchain is to provide more complete ownership of content creators. Considering that most content creators rely on social media such as YouTube and Facebook, and their profits are also exploited by middlemen, and the decentralized TRX blockchain allows customers to directly reward content creators, Help content creators have more stable income. So, let's learn more about what the TRX is.

What is TRX?

Bochang coin, TRON, whose name is (TRX), was created by the Tron Foundation in 2017. The founder's name is Sun Yuchen Justin Sun. TRX originally wanted the ERC-20 token from Ethereum, and then transferred to its own network in 2018.

Wave field TRON is a decentralized content protocol based on blockchain. Its goal is to build a global free content entertainment system based on blockchain and distributed system technology. This protocol allows each customer to freely publish, store, own data, and sell, circulate, and trade content in digital currency in a decentralized and autonomous way. The transaction method determines the distribution, subscription, and push of content, and empowers content creators, Create a decentralized content entertainment ecosystem.

Characteristics of wave field (TRON):

As a decentralized content protocol, TRON has the following four essential characteristics compared with the centralized Internet architecture:

1. Random data: submit, store and disseminate content including text, photos, audio and video without control

2. Content empowerment: get due data asset income according to the contribution and dissemination of content, and encourage economic empowerment

3. Content ecology Everyone sells data value: individuals can freely sell digital currency, while others can enjoy the rights and services generated by the rapid development of data drivers by purchasing digital currency.

4. Infrastructure: A distributed digital currency will match a complete set of decentralized infrastructure, including distributed exchanges, autonomous games, forecasts, and game programs.

How does the wave field Tron work?

The Tron Wave Field uses the proxy proof of equity (dPoS), which is an alternative to the proof of equity (PoS) and the proof of work (PoW). The holder must pledge their TRX coins, and vote the trusted user as the super representative of the verification transaction block. These extraordinary representatives can take turns to get the pledge reward, and take turns every six hours. Generally, the extraordinary representative is the exchange, Therefore, some transactions all provide TRX pledge, such as currency security.

DPoS can not only deal with the energy consumption problem of PoW, but also deal with a large number of transactions. Solana blockchain also uses proxy proof of interest (DPoS). Tron said that they can handle 2000 transactions per second, Ethereum can handle 25 transactions per second, and BTC can only handle 6 transactions per second.

The wave field ecosystem is divided into three layers:

Storage layer: that is to separate and store information with different characteristics, such as network data, blockchain information, and historical records.

Network layer: that is, the area where developers create wallet, develop and run applications.

Core layer: The core layer has several modules, including smart contracts, account management and consensus, and serves as a layer to solve calculation commands and implement the developed dapps.

Speaking of this, we have a certain understanding of what wave field currency is and how it works. In general, Xiaobian also reminds investors that no matter whether you want to invest in wave field currency or other digital currencies, after all, any investment is accompanied by certain risks. You must have a comprehensive understanding before entering the market and do not invest blindly.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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