What is TRON?
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TRON is a blockchain that specializes in fast and low-cost transactions, especially used for USDT (Tether) transfers. It is a decentralized, open-source, and permissionless platform that uses TRX as its native currency.
Differences between TRON and other blockchains
Section titled “Differences between TRON and other blockchains”There are several key differences between TRON and other blockchains, such as Ethereum and Bitcoin. These differences include but are not limited to the following:
- Consensus mechanism
- Block time and transaction speed
- Transaction fees
- Transaction finality
Consensus mechanism
Section titled “Consensus mechanism”It follows a Delegated Proof of Stake (DPoS) consensus mechanism, meaning that TRON relies on a small number of elected representatives (SRs) to validate transactions and secure the network, which are voted by the various users that stake TRX in proportion to the TRX they staked.
Block time and transaction speed
Section titled “Block time and transaction speed”Transactions on the TRON network are confirmed quickly, with a block inclusion time of 3 seconds. And a solidification time of 57 seconds, which is the time it takes for a transaction to be considered final and irreversible.
| Network | Consensus | Block Time | TPS | Confirmation time |
|---|---|---|---|---|
| TRON | DPoS | 3 seconds | 1000+ | 57 seconds |
| Ethereum | PoS | ~12 seconds | 300-500 | ~20 minutes |
| Bitcoin | PoW | ~10 minutes | 3-7 | ~1 hour |
Core characteristics
Section titled “Core characteristics”Fees in the TRON network are significantly lower because of various factors like DPoS, its unique resource model, and high throughput and low congestion.
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DPoS: Compared to PoW and PoS, DPoS is more efficient and requires less energy to validate transactions, which reduces the cost of fees.
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USDT-TRC20: TRON is the most popular blockchain for USDT transfers, which are cheaper than on other blockchains.
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High throughput and low congestion: TRON manages 140-180 real TPS, 1000+ peak TPS, which is significantly higher than other blockchains, allowing for more transactions to be processed in a shorter amount of time, reducing congestion and fees.
While transactions in TRON fail or succeed immediately, in other networks the lack of resources can retain funds and extend
waiting times significantly.
Tron has one of the most deterministic finality models.
- Transactions never “wait” for resources: Transactions either instantly succeed or fail, and if they fail, the user can retry the transaction without having to wait for a long time.