- P2P.org will be the latest Super Representative (SR) on the Tron network.
- This makes the postponement provider a junction validator on the network.
- It enables P2P.org to market institutional deployment services.
Leading validation and deployment provider P2P.org has been officially selected as a Tron Super Representative (SR) validator. The move follows the recent SR election period, making the strike provider one of the top 27 candidates. This extends the validation services of P2P.org to more than 40 supported networks, including Ethereum and Avalanche.
What is even more important, by becoming an appearance provider and junction validator on Tron, P2P.org draws up a new path for institutional TRX setting on the network.
Alex Esin, CEO of P2P.org believes that becoming a super representative of the Tron network is an important addition to his portfolio, which increases its presence in the blockchain ecosystem and validator services.
“This expansion reinforces our position in more than 40 networks and creates valuable new opportunities for our institutional partners to optimize their TRX interests with leading deployment solutions,” Alex Esin added.
Tron’s super representatives are the block producers on the blockchain. The SRS are chosen by voting, whereby each account is eligible to enter the voice period. The candidates can apply to become an SR by paying 9,999 TRX (~ $ 2455) and then participating in the elections. Each account can vote for SR candidates, and the Top 27 candidates with the most votes are SRS, who have to run a Tron node to participate in block production.
Once voted, the Super representatives receive block production -Roses and voice rewards. The participants who participate in the elections are also eligible to receive voting rewards.
The chosen validators form the backbone of the DPOS consensus of the network by producing the three seconds of blocks, validating transactions, voting on management decisions and sharing block senses with their voters.
“With its scalability and minimal transaction costs, Tron de Blockchain has become of choice for an increasing number of Defi platforms aimed at institutional acceptance,” said Sam Elarra, spokesperson for the Tron Dao. “As builders of a flourishing ecosystem with hundreds of institutional customers, we are delighted to welcome P2P.org as a super representative.”
The election and reward mechanisms are determined by Tron Dao, a decentralized community in the blockchain ecosystem, dedicated to accelerating the decentralization of the internet via blockchain technology and DAPPs.
As a newly chosen super representative, P2P.org will both strengthen the infrastructure of Tron and create paths for institutions to gain access to rewards on the network.