Understanding How the Tron Blockchain Works

The Blockchain technology has really been a blessing over years as it has allowed so many projects to be build on the Blockchain. One of it I believe many of us are familiar with is the Tron Blockchain. Of course the Tron Blockchain is built on the decentralised nature that has helped to create a digital content platform making use of the Blockchain technology.

Digging briefly to the history, Tron which was founded by Justin Sun in the year 2017. It has been over 7 years now and I must say it has relay made significant growth over there years. In fact it is seen as a strong competitor to Ethereum and it is projected that in the next 20 years, it will be among the top 3 coins in the crypto space.

Let me start by discussing about the Tron Blockchain Structure. Like I said earlier, the Tron Blockchain is a public blockchain platform and it consist of 3 major layers. They include the Core Later, the Storage Layer and the Application Layer. The Core Layer consists of the smart contracts, account management and also the consensus done on the Tron Blockchain.

The Storage Layer make sure that there is a distributed data storage protocol and not only that but it has helped the Tron to be able to cope with large amounts of Data. In the storage later, we have the block storage and the state Storage. Block storage as it is called deals with transactions while the state Storage deals majorly about accounts balance and also the contract information.

Then the last one I want to talk about is the Application Layer. The Application Layer is the one that allows developers to be able to build applications which we called DApps on the Tron Blockchain. Any and every application that you see has been built on the Tron Blockchain makes use of the Application Layer.

In also understanding how the trons Consensus Mechanisms work, there is something called the Delegated Proof of stake. I will explain that shortly also.

The first one is we have the Super Representatives(SRs). There are 27 super representatives and the major role they play is for validating transactions as it also helped to create the new blocks needed to be able to maintain the network. We also have the voting power. When it comes to the voting power, every TRX holder have the voting power that correspond to the amount of TRX tokens that they have.

Let me also talk about the TRX which is the Tron native cryptocurrency. TRX is used to help inn. The payment of transactions and not only that but it is also used to establish smart contracts. By holding TRX, you can also stake it to be able to participate in the super representative elections. Over the. Years, TRX has really gained massive adoption and this is just the beginning as I strongly more and more is coming. TRX has been listed in many major exchanges like I said earlier and it is actually a coin to look out for in years to come.

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