Why does the whole world use the TRON network (TRC20)?
Benefit. On the Bitcoin and Ethereum networks, transaction fees are paid in BTC and ETH, respectively. On the TRON network, instead of directly paying fees in TRX, users use frozen tokens to obtain resources such as energy and bandwidth (Bandwidth), allowing transactions without directly paying fees. This is one of the unique features of the TRON network that distinguishes it from other blockchain networks.
How it works and where it comes from:
Energy: This is the resource used to execute smart contracts on the TRON network. Energy is similar to âgasâ in Ethereum, which is used to pay for the execution of smart contracts. Each transaction on the network requires a certain amount of energy, and users can obtain energy by freezing their TRX tokens. The more tokens frozen, the more energy there is.
The Trenergy service allows you to unite those who want to freeze TRON to obtain more energy. On the other hand, there are large companies that make a large number of transactions daily. With the Trenergy service for buyers, savings of up to 76%. For sellers, income from 22% per annum.
