In the first place, Tron is a decentralized network designed to make entertainment content accessable on a global level. In theory, the project team is doing this by putting the content on a blockchain or distributed ledger. Moreover, by doing this creators and consumers of specific content have peer-to-peer contact and also eliminating the middleman.
In particular, the network is using a specific consensus mechanism(Fast Paxos) that is based upon Proof-of-Stake technology. In fact this consensus mechanism is designed to solve identification and personal credit issues in online transactions. It also uses point-to-point transactions to avoid traditional centralized settlement structure. The network can play the host role between users and developers, to ensure authenticity and compliance of info credit.
The network's native token is the Tronix (TRX). In addition, TRX coin can be used by content consumers to pay for the content they want to access on the network.
How to earn Passive Income with TRON
First of all, users of the network can earn TRON dividends by staking tokens from their local wallets. The process of starting staking TRX tokens is as follows:
1. Acquire TRX tokens at a cryptocurrency exchange
4. Tap on more to acces the Staking menu and choose Stake
5. Choose a validator from the list and give amount
6. Confirm transaction
Also, it's important to know that if you start staking the TRX coins will be locked for a minimum of 3 days!
$0.07(-3.95%)24h
3.80%Annual yield
Ranking: 13
TRON(TRX)
$0.07(-3.95%)24h
3.80%Annual yield
In the first place, Tron is a decentralized network designed to make entertainment content accessable on a global level. In theory, the project team is doing this by putting the content on a blockchain or distributed ledger. Moreover, by doing this creators and consumers of specific content have peer-to-peer contact and also eliminating the middleman.
In particular, the network is using a specific consensus mechanism(Fast Paxos) that is based upon Proof-of-Stake technology. In fact this consensus mechanism is designed to solve identification and personal credit issues in online transactions. It also uses point-to-point transactions to avoid traditional centralized settlement structure. The network can play the host role between users and developers, to ensure authenticity and compliance of info credit.
The network's native token is the Tronix (TRX). In addition, TRX coin can be used by content consumers to pay for the content they want to access on the network.
How to earn Passive Income with TRON
First of all, users of the network can earn TRON dividends by staking tokens from their local wallets. The process of starting staking TRX tokens is as follows:
1. Acquire TRX tokens at a cryptocurrency exchange
4. Tap on more to acces the Staking menu and choose Stake
5. Choose a validator from the list and give amount
6. Confirm transaction
Also, it's important to know that if you start staking the TRX coins will be locked for a minimum of 3 days!
Ranking: 13
TRON Dividends Calculator: How much passive income($) is possible with staking?
Calculate your TRON earnings in the tables below and see what your profits will be on a daily, weekly, monthly, and annual bases. Also, you have the possibility to see your earnings based upon the number of dollars invested vs the rewards of a given number of tokens.
TRON(TRX)
