TRON is an ambitious project dedicated to establishing a truly decentralized Internet and its infrastructure. TRON Protocol, one of the world’s largest blockchain-based operating systems, provides high-throughput, high-scalability, and high-availability public blockchain support for all decentralized applications (DApps) in the TRON ecosystem I will.
tron architecture
TRON uses a three-layer architecture
Core layer – The main modules are smart contracts, account management, and consensus modules.
Storage Layer – The Tron team designed a unique distributed storage protocol consisting of block storage and state storage.
Application layer – Helps developers create Dapps and customized wallets.
TRON uses an innovative DPOS system where 27 Super Representatives (SRs) generate blocks for the network. Voters can choose SRs based on criteria such as projects sponsored by SRs to increase TRX adoption and rewards distributed to voters.
Main features of TRON
Block production – 3 seconds
Number of validators – 27
Average fee per transaction – Free
Tron Q3 Update –
The Tron Stablecoin ecosystem generated $566 million in revenue during the third quarter, more than Ethereum and Solana.
Tron holds a 34.8% market share among stablecoins.
Tron currently has nearly 90 million long-term addresses, an increase of 237% over the past year.
Transactions per second (TPS) –
The Tron blockchain can process 85 transactions per second (TPS), outpacing competitors BTC (7 TPS), ETH (14 TPS), and Polygon (30 TPS).
This month, TRXUSD price has increased by more than 6%. The highest price was $0.1609 and it is currently trading around $0.1595. The pair remains well above its short-term (34-day and 55-day EMA) and long-term hull moving average (365-day EMA).
Near-term resistance is near $0.1690, and a break above this will move the pair to $0.17795/$0.20/$0.25. At the lower end, immediate support is at $0.1100, below which targets $0.00950/0.0875/0.0800.
Indicator (daily chart)
CCI(50) – Bullish
Directional movement indicators – bullish
If TP is $0.20, it would be a good idea to buy SL at a push around $0.1450, which is around $0.110.
Token Post | (email protected)
