The TRON Architecture, according to the white paper, reads: “TRON adopts a 3-layer architecture divided into Storage Layer, Core Layer, and Application Layer. The TRON protocol adheres to Google Protobuf, which intrinsically supports the multi-language extension.”
In the core layer, several modules are consisting of smart contracts, account management, and consensus.
TRON blockchain network has Sun as the smallest unit of TRX. 1 TRX = 1,000,000 Sun.
Tron Foundation has stated that TRX is now available for buy using fiat currency via CryptoLocally. The process of buying and selling TRX on cryptoLocally is simple. Users should open trades, can make the peer-to-peer settlement, and then release funds.
CryptoLocally is continuing to add to excellence and greater value in the TRON Ecosystem. CryptoLocally is hailed to be one of the best Peer 2 Peer (P2P) crypto-fiat exchange. New users are able to start trading instantly because there is no need for KYC verification.
Therefore, users can now buy and sell TRX safely and privately using local currency. Thus, new TRON users need not go through the long process of having to buy Bitcoin and Ethereum before finally getting their TRX.
On April 22, 2020, Justin Sun, TRON founder, tweeted: “104,449 daily account increase. New record of TRON! TRX.”
Sydney Ifergan, the crypto expert, tweeted: ” If 1 TRX = 1,000,000 Sun, it is good for new users who want to get their feet wet in cryptocurrency to buy units of TRX in Sun if they cannot afford to buy TRX!”
One of the TRON Enthusiast tweeted: “148,354 users of DApps on TRON today and the figure is still rising. What is going on?”
TRON (TRX) Founder Sun on BTT Staking
DLive benefits from the BTT staking feature set for launch on April 23, 2020.
Justin Sun, stated that their basic idea of doing live streaming is different from others. He stated their idea was to give back the revenue of the platform to the users of the platform and the streamer of the platform. He was stating they wanted to decentralize and democratize the live streaming platform. He stated that was the major reason to have the BTT staking mechanism.
After the BTT staking, Sun stated that every user who has BTT will be able to stake in the DLive Platform and receive revenue every day. He also stated that right now, all the rewards will be distributed to BTT staking holders.
If you have to say 1 million BTT in the pool for the staking and then if you have 10K of them, you can get 1% of the revenue like every day. Basically, how much money the users receive depends on the percentage of the BTT you are staking in the whole pool? So, just like our mechanism, how we distribute it our revenue.
Sun stated that their object is to become the No.1 Live Streaming Platform in Turkey. Sun stated that this year, they will continue to put investment and resources to DLive and further clarified that Turkey is their No.1 priority.
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