Homework Task of Tron Fan Club Tutorial || Basics of Tron Blockchain

Assalamualaikum

Hello, my name is Rokibul Islam Parvez (@parves23) and today I'm going to present my homework post about Tron Blockchain Tutorials. The homework post was hosted by the community mods in Tron Fan Club and post enrolled by our respective @engrsayful vai. As though we are all beginners @engrsayful also mentions some links on his post form where we can gain our knowledge about those important topics about Tron & blockchain.

So now I'll start my homework post. I hope other members from this community who still don't know about these topics will learn something new also.

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1). Why and How Steemit users get TRX on their wallet?

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Tron or TRX tokens are given to the steemit users as a reward along with SBD (steam Doller) and SP(steem power). Trx is given to the steemit users for different purposes. Such as writing vlogs in steemit communities or giving votes on others' posts. The authors who wrote blogs(author) and those who give votes(curator) get an amount of Steem Power(SP) on his/her wallet and the same amount of Trx is also given. So The more sp they get the more Trx is being given to them. This kind of bonus system was introduced in the year 2020 when the seemit and Tron both integrated together.

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2). How to create TRON Account?

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Opening a TRON account is very easy. To do that you'll just have to follow some steps below. So let's start.

Step 1:

First, you have to go to the wallet section then below you'll see something like this. Besides Trx there are two options

1. CREATE NEW TRON ACCOUNT
2. LINK AN EXISTING TRON ACCOUNT

Those who don't have a Tron account click on the first one and the 2nd one is for existing users.

Step 2:

Now you'll see a pop-up screen like this that says "Create And Download." You gonna have to click the button once or else you'll end up opening multiple accounts. Cause each click on the button will create a TRON account.

Step 3:

After that, you'll end up getting a pdf like this for your Tron account. Keep the pdf file in a secure place to keep it safe. If you lose your private key in the future you'll never be able to recover your account.

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3). How can link your existing TRON account with Steemit?

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You can also link your Tron account to your steemit account. Follow the steps below.

Step 1:

Click on the mark option in the image which says "LINK AN EXISTING TRON ACCOUNT."

Step 2:

Then you'll see a popup screen that says to confirm action about linking your existing account with your steemit account. Now click on the "Confirm" button.

Step 3:

After clicking on the confirm button you'll see a pop-up to enter your password. You have to put your public key from the TRON password pdf file.

Step 4:

In the last step, you'll be asked to enter Active Key or Owner Key, or Master Password for confirmation. You can put the Active key just in case.

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4). Explain Mining System of TRON Blockchain

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Tron works in a system called the Proof of Stake mining system. In Tron blockchain, not everyone can mine. The top 27 staked TRX holders can only mine for 6 hours in the tron blockchain system. Every 6 hours the list also gets updated. Those who are listed in the top 27 list are also called Super-representative. Normal users who don't have the potential to be Super-representative also can be a part of them by picking your SRs by voting. You can Stake and vote easily from the list of SRs using the TronLink web wallet.

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4). How many TRX will be given to a SR for 6 hours mining?

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After 6 hours of mining SR will get trx form

1. Vote Reward
2. Block Producing Reward

Calculation:
We know that 160 TRX will be given for each block from the vote reward and one block is produced every 3 seconds of the time period. So in 6 hours, there will be a sum of 7200 blocks {( 6 x 60 x 60) / 3}.

Total TRX form vote reward will be (7200 x 160) TRX = 1,152,000 TRX

SRs and 100 partners will get the amount of 20% from the vote reward which is 2,30,400 TRX
Every SR and partner will get (230400 / 127) TRX = 1814.17 TRX

The Production Block Reward will be given 16 TRX for each block and SR will get 20%, total TRX from Block Production Reward for 6 hours = 7200.

Total TRX from Block Producing Reward (7200x16) TRX = 115,200 TRX
SR 20% of 115,200 TRX = 23,040 TRX
Each SR will get = (230400/27) TRX = 853.33 TRX
Total earned by SR = (1814.17 + 853.33) TRX = 2667.5 TRX

So 2667.5 TRX will be given to an SR for 6 hours of mining.

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