TRON’s mission to create an internet for all, defining decentralization
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Summary:Geneva, Switzerland, July 27 – TRON was established in 2017 with the vision to decentralize the web, and it has aligned its mission to follow that pur

Geneva, Switzerland, Germany, July 27– TRON was founded in 2017 with the concept of decentralized network. In the past five years, TRON has been committed to achieving this goal.

For most blockchains, decentralization is a central theme. This is a way to delegate power to individual administrative departments; Therefore, users can contribute and own a part of the network.

The four factors of TRON decentralized architecture design are agreement, connection point, property and dApp. Decentralization incentives put power in the hands of the people, which is the main reason why TRON will delegate power to the next stage in December 2021 according to the Decentralization Autonomous Organization (DAO) that disbands its charitable foundations and formulates regional party building.

Decentralization of the Protocol

TRON is committed to the unrestricted creation and sharing of information by authorized developers and users. It applies the DPoS consensus mechanism to process its blockchain. Unlike PoS system software, only selected nodes can be allowed to buy and sell blocks. PoS system software allows all people with sufficient assets to do so. These structures enable users to maintain the network through the property they hold authorized by the incentive system.

Each blockchain network adopts a consensus mechanism, and DPoS is one of the most effective consensus algorithms available. Compared with PoW (certified by the work unit) or traditional PoS system software, DPoS consumes less kinetic energy and performs tasks very quickly. Every six hours, TRON cell selects 27 blockchain verifiers as "very significant" (SR) in the ecosystem.

Because of many advantages, many blockchains have already switched to the DPoS system to power their network systems. Regardless of the total number of TRX held or the number of votes obtained by SRs, each SR has the same voting right on the TRON network to ensure that the control percentage of each SR is equal.

Node decentralization

Connection points are the premise of every blockchain network. Therefore, all inspections of decentralization must be evaluated. The diversity of physical geography of the TRON node makes it more secure and durable.

Dispersion of property

The pervasiveness and ease of use of local assets are also conducive to the decentralization of the blockchain. The total number of TRX wallets increased at an amazing rate, increasing by 134% in a year, from about 26 million in July 2021 to 61 million in July 2022. With the improvement of TRON wallet users, the audience and users of the network are basically improving, and will make contributions to the decentralization of the network again. Now, there are more than 100 million user accounts on the network, and the total number of users is increasing every day

Decentralization of dApps

The total number of dApps, blockchain smart contracts and users also pay special attention to decentralization.

TRON Grand Hackathon brings the best opportunity for the emerging entrepreneurs and other people's ideas to develop the trend of TRON network. Various new projects submitted during the hacker marathon period are based on many dApps that are continuously developed and designed, which is conducive to the diversification of the ecosystem

To learn more about TRON decentralized data and look back on past data information, please read https://trondao.org/blog/ .

About TRON DAO

TRON focuses on accelerating the decentralization of big data based on blockchain technology and decentralized application software (dApps). TRON Network was established by Justin Sun in September 2017. Since the release of MainNet in May 2018, TRON Network has once again achieved impressive achievements. July 2018 also means the integration of BitTorrent's ecosystem. BitTorrent is the pioneer of decentralized Web3 services, with more than 100 million active users each month. In recent years, TRON network has won amazing influence. According to TRONSCAN, as of July 2022, the enterprise has more than 104 million user accounts on the blockchain, more than 3.6 billion transactions, and more than 11 billion dollars in total locked in (TVL). In addition, TRON has the world's largest USD Tether (USDT) stablecoin commodity circulation and supply, exceeding the USDT in Ethereum since April 2021. TRON network achieved complete checks and balances in December 2021, and is currently a DAO governed by the community. Recently, the decentralized stable currency USDD of excessive collateral was released on the TRON blockchain, and then applied by the first data encryption reserve TRON DAO reserve in the blockchain industry, which means that TRON began to enter the decentralized stable currency.

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