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TRON (TRX) is in the top 20 by cryptocurrency market capitalization. Currently, this coin is in 10th place with a capitalization of 24 billion.
TRON (TRX) is not just another blockchain in the cryptocurrency market. It is a whole ecosystem aimed at decentralizing digital content. Created by Justin Sun in 2017, TRON has turned into a real factory of decentralized applications (DApps) that operates around the clock without breaks.
In the TRON network, the TRX token serves not just as currency but as a ticket to a world where transactions and smart contracts proceed without delays. It's like a VIP pass to an exclusive club where all tokens (TRC-10, TRC-20, and others) coexist in harmony.
TRON Architecture
Storage layer: this is where all data blocks are neatly stacked on top of each other, like books in a library.
Core layer: this is where accounts, smart contracts, and consensus modules are located, forming the nervous system of TRON.
Application layer: this is where developers can deploy their DApps, creating their own interactive shows based on TRON.
The transaction speed in the TRON network is astonishing: 2000 transactions per second.
Super Representatives are not just nodes in the network; they are the kings of the TRON arena, elected by the community. They not only validate transactions but also make decisions that affect the entire network. They are the ones who produce blocks and receive rewards in TRX.
Forging or how TRX "makes a living"
Forging is the process of creating new blocks, for which Super Representatives earn TRX. It's similar to baking a culinary masterpiece, for which you get paid compliments, only instead of compliments, it's cryptocurrency.
The TRON blockchain operates with two main resources: Bandwidth and Energy.
Bandwidth is used for making transactions on the network. Imagine you have "credit lines" to communicate with the blockchain: the more TRX you freeze, the more Bandwidth you will receive, allowing you to make transactions without fees.
Energy is the fuel for smart contracts. Just like a car won't run without gasoline, a smart contract won't execute without Energy. While Bandwidth can be earned by simply freezing TRX, Energy has to be either purchased or obtained again through freezing.
So by freezing TRX, you are not just putting them in a "crypto fridge"; you are investing in the network, and the network is investing in you.
In TRON, when making transactions in USDT, which uses the TRC-20 standard, you encounter the need to pay for Energy.
Let's say you want to send USDT with minimal fees. For this, you will need Energy. Each USDT TRC-20 transaction can cost from 32,000 to 65,000 Energy depending on network congestion. If you don't have enough Energy, the TRON network will "burn" some of your TRX to pay for the smart contract.
The fees are low, and the transaction speed is high.
Conclusion - buy and forget... Occasionally buy more... Think about selling in five years. It can be earlier, depending on the situation.
