Home Work Task of Tron Fan Club Tutorial || About TRON Blockchain

Why and How Steemit Users are getting TRX?

Steemitblog announced the merger of Steam and Tron in an announcement in December 2020. Prior to the December 2020 announcement, an author would only receive SBD and Steem rewards for blogging on the steemit platform. Justin Sun owns Steemit & Trx. We are given a TRX reward in the ratio of 1: 1, the amount of SP reward a user receives is equal to the SP's TRX and the author.

The one who writes the post is called the author and the one who votes for the post is called the curator. Both the author and the curator will receive as much TRX as the amount of SP they are supposed to receive. TRX is the native take of TRON Blockchain. We can create TRX Wallet through the steamit platform. I will say this in the next question.

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How can you create a TRON account?

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We can create new TRX accounts through our steemit platform. For this we will first go to steemitwallet.com. After that we will see below CREATE NEW TRON ACCOUNT. Click here to create a new TRX account.

Then we will click Create and Download here.

If we click here, a PDF will be downloaded. This is how TRON account can be created

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How can link your existing TRON account with STEEMIT?

If we already have a TRON account then we can link it here, so LINK AN EXISTING TRON ACCOUNT click here.

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A pop up menu will appear in front, here click confirm.

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paste our TRON public key here then confirm.

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paste our TRON private key here then confirm.

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Explain Mining System of TRON blockchain

Tron holds 27 super-representative mines in the blockchain, elected by these 27 voters. Most of these 27 people have TRX stacked. Anyone can stack TRX from other users if they want to be 27 super-representatives. So there is no obligation to stack your own TRX. The prizes that are earmarked for the mine are distributed proportionally among the super representatives.

If you want to vote for the Super Representatives, you must first freeze the TRX. TRX can be freeze and voted through TronLink Wallet. Super delegates can vote from its list via TronLink Wallet. If there were any of the top 27 people we would vote for, my TRX would be used as part of the mine. At the end of the cycle we get the share of the mine.

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

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• Block Production Rewards

The block production reward for each block is 16 TRX, 7200 blocks are produced in 6 hours. SR will get 20% .

7200x16 TRX = 115,200 TRX
27 SR Get 20% = 23,040 TRX
Each SR will get 23,040 TRX / 27 = 853.33 TRX

Each SR will get 853.33 TRX for Block Production.

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• Voting Rewards

The Voting reward for each block is 160 TRX, 7200 blocks are produced in 6 hours. SR will get 20% .
7200x160 TRX = 1152000 TRX
27 SR Get 20% = 230400 TRX
Each SR will get 230400 TRX / 27 = 1814.17 TRX

So total SR will get every 6 Hour 853.33 TRX + 1814.17 TRX = 2667.5 TRX