Project Overview

The mining process of TRX (Tron) blockchain is different from traditional Bitcoin or Ethereum mining. Tron uses a consensus mechanism called Delegated Proof of Stake (DPoS). Here are some key points about TRX blockchain mining: 📚 1. DPoS consensus mechanism ⦁ Delegated Proof of Stake: In DPoS, TRX holders can delegate their voting rights to representatives (i.e. "super representatives"), who are responsible for validating transactions and generating new blocks. ⦁ Voting process: Users holding TRX can choose super representatives they trust to vote, thereby influencing who will be the generator of new blocks. 📚 2. Super Representatives ⦁ Nomination and election: Any user can apply to become a super representative, but they need to get enough support from TRX holders. The top 27 super representatives will be selected, and they bear the responsibility of block generation and transaction verification. ⦁ Reward mechanism: Super representatives will receive rewards after successfully generating blocks, usually TRX. In the blockchain, each new block has corresponding incentives. 📚 3. Holding and staking ⦁ TRX holding and staking: Users can participate in the consensus of the blockchain by holding and staking TRX, and staking TRX may also earn certain benefits. ⦁ Revenue distribution: Users who participate in staking will earn revenue from block generation, which is usually distributed to the super representatives who entrust them.