Basics of Tron (Part 26) : Five reasons why Tron is the best (Part 1: Delegated Proof of Stake Mechanism)
Intro
IntroThe Tron Fan Club community works with people who love Tron Blockchain and are interested in blockchain technology. As a moderator of the community, I am regularly sharing the details of Tron with you. Our knowledge on any subject is enough. So, it’s a knowledge sharing opportunity for all of us. This community is an initiative to share tron based knowledge with each other.
Those who know a lot about the Tron blockchain have certainly come a long way, but for those who are brand new or want to get an idea on it from the beginning is a challenge. I am constantly writing in this community about the basics of Tron, from the very beginning. The name of this series I write about Tron is Basics of Tron. I provide links of my previous posts so that you can get a better idea by visiting those as well. Hopefully, tron lovers will be benefited from this series.
Tron Blockchain has some unique features that make it considered as a very acceptable and modern blockchain. Many of the problems that Bitcoin and Etherium had were eliminated in the Tron chain. For these reasons, it is believed that the Tron blockchain can be a user-friendly and pioneering blockchain of the future. So I will share with you step by step some points from which you can understand why Tron is ahead of many other blockchains. Today I will discuss Consensus Mechanism.
Blockchains have various mechanisms for mining and server maintenance (block validating). For example, Bitcoin blockchain runs on a proof of work mechanism where you know some powerful computer systems are installed which basically solve an algorithm and by solving the algorithm the blocks are verified and along with this the work of mining, transaction and server maintenance continues.
We know that this method has several disadvantages because it consumes a lot of power due to running many powerful computers. Although the word mining has some cost associated with it, many people criticize this method considering the environmental impact in the context of modern times. If mining can be done without any trouble, the currency will not have value, but still it is a waste of electricity that's why many people do not support it.
Tron Blockchain is a chain launched based on the Proof of Stake mechanism, where server maintenance and block validation are done by a certain number of people who have a large amount of stake, i.e. the first 27 people. By doing this, no separate power consumption is required, i.e. only 27 people keep the computer running, the block operation is done. If everyone including the next 100 people after 27 people don't turn on the PC, the work will still go on. And 27 people can give power not only to their own stakes but also general users can vote them with their small stakes. As a result even normal users with very small stakes can be part of mining with their Tron Power. That is, someone can become a miner even with a very small stake. That's why it's Delegated Proof of Stake. Which is a really cool method.
So here we understand that Delegated Proof of Stake mechanism is more popular than Proof of Work mechanism in the world of blockchain technology and it has many advantages which we see in Tron Blockchain. I think this is one of the main reasons why Tron is the best and Tron will go a long way in the future blockchain technology race.
In next posts I will share with you some more reasons why the Tron is best suited to me. Thank you.
N:B: Expressing my personal opinion on these matters. Do not take this as an expert suggestion. These 5 discussions are just my personal perception and ideas. Neither the community nor anyone else is responsible for these comparative discussions. My personal views are only expressed in these discussions.
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