
Networks / Tron / TRX
TRON
A blockchain with a Solidity-compatible virtual machine, where staked TRX provides the bandwidth and energy that transactions consume.
THE OVERVIEW
What TRON does
TRON accounts follow a resource model with three components. Bandwidth covers the byte size of transactions stored on chain, and each account receives a free daily allowance. Energy covers the computation the TRON Virtual Machine performs when executing a smart contract and has no free allocation. TRON Power determines an account’s influence in Super Representative elections. Staking TRX grants these resources; when staked and free resources are insufficient, TRX is burned from the sender’s balance. [1]
The TRON Virtual Machine is a deterministic, stack-based runtime. The Solidity compiler produces bytecode the TVM executes, and only contract-creation and contract-trigger transactions invoke it; system contracts pay Bandwidth instead. Every operation consumes Energy charged before execution, and the TVM adds an execution time cap that the Ethereum Virtual Machine does not have. Ethereum opcodes are enabled incrementally through gated chain parameters. [2]
Addresses appear in hex or Base58Check form, the latter starting with T. A new account is activated by receiving TRX or a TRC-10 token from an existing account. Externally owned accounts are controlled by private keys and contract accounts by deployed bytecode; TRC-20 balances are held by token contracts rather than in the account object. [3]
IN PRACTICE
What people use it for
UNDERSTAND THE TECHNOLOGY
Key concepts
MARKET CONTEXT
TRX market
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Official resources & sources
Dextape explanations based on the primary documentation below.