Foundation Course on TRON”Answer Paper of 2nd Batch ( Roll no : B0114)

How are you all, courtesy of Tron Fan Club and all members of Tron Fan Club? Hope all is well with the infinite mercy of the great Creator. I am fine with your prayers and the grace of the great creator. Thanks to our tfc moderator professor @engrsayful for guiding us through the class beautifully. Today I am here to answer some questions. Hope you like it. Let's get started then

TRX is a native token on the TRON blockchain, similar to Steem on the Steem Blockchain. The popularity of trx is increasing day by day in today's world. Through Trx we can profit. Steemit is a blogging base platform. We earn rewards through blogging here. An author currently receives half of his reward in Liquid Steem and the other half in Steem Power, and each post is awarded TRX tokens equal to the amount of Steem Power distributed. Basically by posting, an author gets one-fourth of the post's total reward on Steam Power. The more Steam Power he gets, the more TRX he will be awarded. Trx is like an extra bonus for Steam users.

Yes, we can definitely participate in Tron mining. We can participate in mining by voting SRs. By voting those miners we can become miners ourselves. Say, I have 50 TRX, I voted 5 SR with 10 TRX. So, my 50 TRX will be frozen for at least 72 hours. Those SRs will get 10 TRX votes, which basically means they will have 10 TRX shares for a certain period of time. It's only for betting, they can't transfer that TRX anywhere. The concept is almost similar to Steemit's power delegation system. The top 27 will be hired as miners in the next cycle.

Although Super Representatives can only build blocks, partners also have the opportunity to receive voting rewards. That means Tron Power (TP) is required to vote. A Tron power can be gained by stacking a TRX. Mining reward distribution is set at 20% and 80%, which means witnesses will get 20% and those who voted with their TP will get 80%. The first 127 witnesses were given 20%, which is divided between 27 SR and 100 partners. From here, the remaining 80% is given to voters who voted for super representatives and partners. This means that those who voted for the first 127 witnesses will receive 80% of the proportional representation of their votes.