TRON is a blockchain-based, open-source protocol for the global digital entertainment industry. TRON supports various kinds of blockchain networks and smart contract systems, including bitcoin, Ethereum, EOS, Qtum, and other public blockchain smart contracts, provides developers with multiprotocol infrastructure for entertainment app development, and allows users to enjoy smooth multiprotocol smart networks.
In TRON network, any account can apply to become a super representative candidate. Every account can vote for super representative candidates or super partner. The top 27 candidates with the most votes are the super representatives. The 28th to 127th are super partners. Super representatives will be obligated to generate blocks and package transactions, as well as corresponding voting rewards and block rewards,and have the right to participate in the voting of TRON network parameters proposals.The 100 super partners can be awarded according to their voting rate.
TRON Power (TP) is needed to vote and the amount of TP depends on the voter’s frozen assets(TRX).
TP is calculated in the following way: 1 TP for 1 frozen TRX.
Every account in the TRON network has the right to vote for SRs candidates.
After the release(unfreeze), you don't have any frozen assets and lose all TP accordingly. As a result, all votes become invalid for the ongoing and future voting round unless to freeze again to vote.
Note that the TRON network only records your most recent vote, which means that every new vote will negate all previous votes.
The ranking is based on the candidates' votes. The top 27 are called super representatives, 28-127 are super partners, and 128 or less are super representative candidates.The votes will be counted every 6 hours, so super representatives and super partners may also change every 6 hours.
To prevent vicious attack, TRON network burns 9999 TRX from the account that applies to become a super representative candidate.
Each time a Super Representative finishes block production, rewards are sent to the sub-account in the superledger. Super Representatives can check, but not directly make use of this asset. A withdrawal can be made once every 24 hours, transferring the reward from the sub-account to the Super Representative’s account.
Total Rewards = Vote Reward x brokerage ratio+ Block Reward x brokerage ratio
Super representative brokerage
The default ratio is 20%, which can be modified by the super representative, that is, the super representative will get 20% of the reward, and the other 80% will be awarded to the voters. If the brokerage ratio is set to 100%, the rewards are all obtained by the super representative; if set to 0, the rewards are all sent to the voters.
1It may take slightly longer than 3 seconds due to machine speed and network jitter.
2Reward may be less than the theoretical number due to missed blocks.