Home Work Task of Tron Fan Club Tutorial || Basics of Tron Blockchain

Hello Tron Fans,
How are you? Hope you are all good by the grace of Allah. This is going to be my first post in this awesome community. I'm a newbie in Tron blockchain. I'm very excited to learn more about Tron and it's blockchain. At the beginning of my home-work task I specially provide thank you to our honorable professor @engrsayful brother who arranged a home work courses about the basics idea of Tron and its blockchain.

✧ At frist we have to know what is TRX? TRX is a Cryptocurrency in Tron blockchain. TRX is the short form of TRONIX. There are many blockchain in the world like- Steem blockchain, Tron blockchain, Bitcoin blockchain etc. Steem blockchain has their own cryptocurrency named Steem. In the same way Tron blockchain has their own currency named Trx. In Steemit authors can be getting Trx by creating qualityful posting, voting.

The Owner and CEO of Tron, Justin Sun integrated Tron blockchain with the Steem blockchain at the end of the year 2020. At the beggining of Steemit, authors could not get trx as their author reward. They got half SBD and half SP. But now authors get trx as the equal amount of SP. It will be the 1:1 ratio. Curator are gets their entire curations reward in Steem Power (SP) and the same amount of Trx.

To receive these rewarded Trx we have must have a Tron account and linked it with our Steemit wallet. If we want, we can trade these TRX on any exchange site.

Firstly we have to login in our steemit wallet with private active key. after login, at the end of web page, we noticed two option there - Create New Tron Account and Link an existing Tron account. we click the option of Create New Tron account.

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After Clicking we have to noticed a interface which i shown in screen-shot. Now we have to Click Create and Download option. By clicking it the Tron account is created and a pdf file is downloded with the public Tron key and Private Tron key. Then the web page show a interface which is Updated Successfully and we have to click pdf securely saved.

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To link the existing Tron account with Steemit wallet we have click the Link an existing Tron account option.

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Then we have Click the Confirm option

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Then the blank field we give our Tron public key or public address which are want to link with Steemit wallet and click to Confirm.

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To finish the linking process we have to give our private active key or private owner key or Master password. In these keys we have provide our private active key because Master password is very sensitive key. Less use of Master Password is better for the security purpose. Then click to Confirm.

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By clicking the confirm we are able to see our existing Tron account and balance.

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In blockchain system, a group of data or a packet of data are stored with the previous block and make a chain that is called blockchain. Before added the current block of data with previous block, data are goes on several validation. This varification performs by a group of people and they are called as Miner. The miner are produce blocks and posting data to the blockchain ledger.

There are three types of mining
🔳 Proof of work
🔳 Proof of stake
🔳 Delegated proof of stake

The best example of proof of work mining system is Bitcoin Blockchain Mining. Delegated proof of stake is the branch of proof of stake mining system. The best example of delegated mining system is Steem Blockchain Mining system.

Tron works on proof of stake mining system. The users who purchased or transaction a large amount of TRX can contribute the mining. Top 27 TRX stake account are given opportunity for mining. This 27 accounts are called Super Representative. The list of this SR's are updated every 6 hours. The SR's didn't stack their own data only and it is not required. They collect the general user's stakes. General user's are participate of this mining by given their vote of any Super Representative of top 27 SR's. This is the excellent opportunity for the general users to participate in mining. At the certain period of time mining rewards are distributed between the SR's and the participants.

Daily reward for witness in Tron are distributed in two parts.
🔳 Vote Reward
🔳 Block production Reward

🔘Vote Reward: In vote Reward, 160 TRX are produced in every 3 seconds. After 6 hours, minng reward TRX are distributed between the 20% of SR and partners and 80% for voters (voted for SR and partners).

Here every 3 second 1 block is produced
In 1 minit (60/3) = 20 block is produced
In 1 hour (20 X 60) = 1200 block is produced
in 6 hour (1200 X 6) = 7200 block is produced

In every block, 160 TRX for vote reward. so total TRX from Vote Reward= (7200X160)TRX= 1,152,000 TRX.

27 SR and 100 partners are given 20% of this amount which is 230400 TRX

Each SR and partners are found (230400 / 127) = 1814.17323 TRX

🔘Block production Reward: In Block production Reward, 16 TRX is given in every block. In avobe calculation we noticed that in 6 hours total 7200 block are produced. It is also distributed between the 20% of SR and 80% for voters. so the calculation is-

In every block, 16 TRX for Block production reward. so total TRX from Block production Reward= (7200X16)TRX= 115,200 TRX.

27 SR are given 20% of this amount which is 23,040 TRX

Each SR are found (23,040 / 27) = 853.333333 TRX

Total Earning of every SR in 6 hours is (1814.17323 + 853.333333) = 2667.50656 TRX

Finally I've answered all of the questions in my own words. I'm trying to my best to answer all the question. If I wrong in any concept, please correction me. I appriciate your patience. Thank you so much for reading my post.