Answers to Exam questions for Foundation Course on TRON 5th batch

in Tron Fan Club5 months ago

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Hello everyone, I will be answering my exam questions from the 5th batch of the foundation course on Tron.

Question 1: Write your idea on the post within 50-100 words

The post talks about how to send TRX in Tron network without having to pay a fee. To transfer just TRX between accounts, bandwidth alone is needed. However, to transfer other tokens, bandwidth and energy are needed. If one doesn't have bandwidth or energy in their wallet, TRX will be paid as transaction fee. Traders should achieve bandwidth and energy so they can easily trade TRX and other native tokens.

To gain bandwidth power, you should power up trx, choosing bandwidth along with power.

The post showed how TRX was transferred without fee because bandwidth was taken as transaction fee.

Question 2: Why should we stake TRON?

We stake Tron so that we can gain Tron power to vote for super representatives. Staking involves powering up and converting Tron to power. With one Tron power, you can cast one vote for a super representative and you will be rewarded accordingly.

When you vote for Super Representatives, you become a miner and get your proportion of mining reward according to the proportion of Tron power you gave to Super Representatives. Thus, when you vote for a super representative with your Tron power gotten from staking, you become part of the miners and earn passive income on tron blockchain

Question 3: What are the benefits of gaining energy?

One benefit of gaining energy is that it reduces the fee of transferring some tokens on the chain. When powering up their TRX, users can choose whether they want energy or bandwidth.

Energy is used for creating and operating smart contracts. With Tron Energy, you can carry out operation of smart contracts and managing them.

With energy, you can carry out transactions for some other native tokens on the blockchain with zero fees.

Energy is also needed for the usage of DApps and the execution of smart contracts.

Energy indicates the CPU resources that are consumed for running smart contracts.

Cc @engrsayful

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Well written, good work, am sure you will ace it

The answers to the questions are nicely written. Good luck to you.

the right answer and useful for us, hopefully you win, greetings

 5 months ago 

Your Marks:
10+10+9 =29

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