TRX is the name of the currency used in the TRON network. TRX can be used to vote for super representatives and obtain bandwidth.
TRON CLASS is a series of videos explaining the definitions of commonly used TRON and blockchain-related terms.
The address is also the public key. The public key and the private key are a key pair obtained via a hash algorithm. The public key is the part exposed in the key pair and the private key is the … Continued
API is short for application programming interface. It is mainly used for client development and supports developers to design their own token distribution platform.
TPS is short for transactions per second, it refers to the number of data transactions performed per second. High TPS guarantees low calculation delay, which allows transaction speeds to compete with existing payment systems such as VISA and SWIFT. This … Continued
Multiple signature functions allow for permission grading, and each permission can correspond to multiple private keys. This makes it possible to achieve multi-person joint control of accounts.
Bandwidth is the amount of data that can be transmitted in a fixed amount of time. Bandwidth points are the number of usable bytes for an account per day.
Super Representatives are the top 27 individuals among the 127 candidates voted once every 6 hours. Super Representatives play a key role in governing the TRON community by ensuring basic functions, e.g. block generation and bookkeeping, and obtain corresponding earnings.
TRON Power (TP) is needed to vote and the amount of TP depends on the voter’s frozen assets(TRX). TP is calculated in the following way: 1 TP for 1 frozen TRX.
The creation and operation of a smart contract consume CPU resources. It takes time for smart contracts to operate in virtual machines (VMs), and the time consumed in the system is calculated in microseconds. CPU resources are consumed in energy, … Continued
TRC-10 is a technical token standard supported by the TRON blockchain natively. The easiness of issuing a TRC10 token makes it a great way for teams to gauge interest in their project without spending a lot of money on development.