Tron is a delegated proof-of-stake Layer-1 launched 2017 by Justin Sun. It offers 2-second blocks, ~2,000 TPS, negligible fees via bandwidth/energy vouchers, and EVM-compatibility. The Tron DAO governs 27 Super Representatives elected by TRX stakers. Key products include USDT-TRC20 (> $50 billion supply) and BitTorrent Chain cross-chain bridge. Tron burned its initial 100 billion supply down to 87 billion after main-net launch.

You may ask

How does staking work?

TRX holders vote for SRs by freezing tokens; voters receive SR rewards (~4% APY). Unfreezing requires 3-day lock. Governance proposals need 19/27 SR approval.

What is Energy & Bandwidth?

Each account has daily free Bandwidth points (≈ 600 bytes) and can stake TRX for more. Smart-contract execution consumes Energy; users can rent via JustLend or pay ~2 USDT per 1 M Energy.

Does Tron support smart contracts?

Yes, Tron VM mirrors EVM opcodes; Solidity dApps port with minor tweaks. Gas-less experience attracts GameFi, with over 1.9 million daily active addresses.

How is decentralization assured?

Critics note SR voting can be whale-dominated; however, SRs rotate weekly and on-chain audits show > 500k distinct voters, reducing cartel risk. USDD stablecoin reserves provide additional ecosystem stability.