Exploring Tron’s Delegated Proof of Stake (DPoS) Model

in hive-183397 •  13 days ago 

The Tron Blockchain sharing so much of uniqueness that makes it to be special compared to other Decentralised platforms as it have a lot of potentials like content sharing and even entertainment. The Tron Blockchain which makes use of the Delegated Proof of stake and this consensus mechanism have made the Tron Blockchain to actually stand out.

There is a need to actually understand delegated proof of stake as that is what the Tron Blockchain runs on. DPoS which is a consensus mechanism like I said earlier makes it easy for delegation and voting system to be able to take place. This makes it easy for all stakers to be able to participate in the voting system just like I said. When it comes to the Tron Blockchain, we have the super representative that makes use of the voting process within the community.

digitization-6936701_1280 (1).webp

Image Source

Let me briefly describe how the Tron DPoS model works. The first is through the election of the super representatives. The Tron Blockchain make sure that there is a system created whereby Tron holder have the right to vote and elect their own super representative candidates and that is possible when they make use of their Tron power. Over the time, those ranking are always updated which means those Super Representatives can actually be elected over and over again. This makes the ecosystem highly competitive..

The second feature I will like to talk about is the Block Production. Every SRs is allowed to actually produce their own blocks and they do so making use of something called the round robin. Research makes me to understand that every block created on the Blockchain is created every single three seconds and this makes it easy for scalability to take place in a way that the Tron Blockchain can handle a lot of transactions per seconds roughly 2,000 transactions per seconds.

block-chain-3513216_1280 (1).webp

Image Source

There are actually a lot of advantages that the Tron DPoS model offer. The first I will like to make mention of is the scalability. The fact that Tron Blockchain can be able to handle a lot of high volume of transactions per second make it easy for gaming developers to make use of the Blockchain. This also helps to increase the energy efficiency also so that it will be environmentally friendly at the end of the day.

Even if there is so much advantages that it can offer, there are still some limitations which I believe still needs to be issued. I will first of all mention the aspect of the centralisation risk. As time goes on, the 27 SRs can be centralised in nature. The second one is the habit of the reduced participation. If care is not taken, the participation of some TRX holder might reduces as time goes on.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

It is a great content of Exploring Tron’s Delegated Proof of Stake (DPoS) Model.

Thank you so much