Basics of Tron (Part 04) : Mining System of Tron

Tron works in Proof of Stake mining system. Check the links of my blockchain related tutorials to know in details about mining and types of mining. In tron blockchain, 27 people who have the most TRX stacked, given the opportunity to mine. This list is updated every six hours. This means that the 27 people who will stake the maximum TRX in the specified 6 hours will have the opportunity to mine for those six hours.

Those who are mining in Tron are called Super-Representative. To be a top 27 Super-Representative, it is not required to stack their own TRX, rather can collect stakes from general users. So, ordinary trx holders can use the TRX they have for mining by voting to the Super-Representatives.

Since it is not possible for ordinary users to be in the top thirty, there is an opportunity for ordinary users to go to the top thirty alternatively. Rewards of mining will be distributed proportionally between those Super Representative who will be selected for mining for a certain period of time and participants.

So mining is done on Proof of Steak basis but ordinary users can also join any Super Representative they want and indirectly participate in mining with their TRX stake. This is a unique opportunity for all trx holders.

Suppose you have 500 TRX, you voted 5 SRs with 100 TRX each. So, your 500 TRX will freeze for at least 72 hours. Those SRs (to whom you voted) will get 100 TRX Votes, meaning virtually they will have 100 TRX stake for a certain period of time. Its just for stake, they will not be able to transfer that TRX anywhere. The concept is almost similar to the power delegation system of steemit. Top 27 people will be assigned as miner in the next cycle.

Suppose, 4 of the 5 people you voted for are in the top 27. So, Your 400 TRX will be used as a stake in mining. That means you are also a miner with 400 TRX and at the end of the cycle you will get your share. This is the mining system of the Tron ecosystem.

Here you can stake via web wallet like TronLink and vote by looking at the list of top stake holders. You can Stake and vote easily from the list of SRs using TronLink web wallet. Here in tron blockchain, voting for the right Super Representative means participating in mining.

In the coming episodes, I will share with you how to stack TRX and vote for the Super Representatives, as well as some of the more detailed systems of Tron Mining.
Thanks

---

---

---

___ ___ ___

Click to Join our Discord Server