Answers to frequently asked questions of TRON
1. About TRX’s ERC20 token migration
[Q] What happens if TRX is not transferred to exchanges in a timely manner? What losses will it cause?
[A] TRX holders don’t need to worry about this. There will be an exchange that supports TRX migration forever, so users who do not transfer TRX before the migration in June can wait for the regular migration after the completion of the forever-supportive exchange, without incurring losses.
[Q] Why does TRX only support exchange migration? Is there any other way?
[A] The TRON Foundation decides that TRX only supports migration to exchanges for the sake of the safety of users’ assets, and hopes that this allows ordinary users to avoid the risk of losing assets just for missing the snapshot time in the mapping snapshot mode.
2. About super representative
[Q] What is super representative? How do I know what super representatives are and what organizations/individuals they stand for?
[A] Super representative is the bookkeeper on the TRON network, totaling 27 of them. They are responsible for verifying the transaction data distributed on the network to perform package transaction and create blocks. Super representative’s information is publicly available on the TRON network. The most convenient way is to visit TRON’s block chain browser to view the list of super representatives and their information.
3. About TRON voting
[Q] What does TRON voting mean? What are the benefits to ordinary token holders? How can they participate in the vote?
[A] Voting is used to select 27 super representatives to maintain the normal operation of the TRON network. Users participate in the voting, which not only benefits the development of the community and the network, but also gives users direct incentives. At present, the main network is not launched. You can do a simulated voting on the testnet first. For detailed voting process, please see the official guidance document.
4. About TRON voting
[Q] Why does TRON decide one TRX equaling one vote?
[A] After our discussion, TRON decides one TRX can have one vote, because we think that the system of one TRX equaling many votes is unfair.
5. What can TRX do?
[Q] Except for voting, what can I do with TRX?
[A] Holding TRX is equivalent to holding part of the resources on the entire TRON network. Moreover, TRX can also be used to participate in crowd funding, collect airdrop candy and etc.
6. About TRON Foundation
[Q] What is the role of TRON Foundation after the super representative campaign?
[A] After the super representative campaign, TRON will be governed by community and the foundation together. The foundation will continue to provide technical support for TRON network.
7. About additional issuance of TRX
[Q] Will additional TRX be issued? When will the additional issue start? What is the proportion of additional issue?
[A] TRX will not make additional issues before 2021. The bonus TRX for package transactions before 2021 will come from the TRON Foundation. Afterwards, we will increase the supply of TRX at a fixed amount instead of at a certain percentage.
8. About the TPOS mechanism
[Q] Why is it based on the DPOS mechanism? Is there any difference between TPOS and the original DPOS mechanism?
[A] After thorough research, we find that in order to achieve fast enough data processing speed, with the current technology we can only compromise on the degree of decentralization. DPOS mechanism is an example. So we use DPOS as a basis to customize the consensus mechanism required for TRON network. TRON’s consensus mechanism, TPOS, is adjusted on the basis of DPOS. We believe that it is reasonable that users obtain direct voting incentives.
9. About TRX transaction speed
[Q] When the main network is up and running, can TRON achieve the claimed more than ten thousand TPS?
[A] Sure. After the main network is launched, further optimization will be made to improve the TPS. Later we will maintain the iterative speed of one version in one quarter, and improve and enrich TRON. The main network to be released in the second quarter of 2018 will focus on performance and security testing, as well as improvement of the TPOS mechanism. Our main goal at Q3 is to fully support third-party APPs and provide third parties with stable and reliable system-level support, including high-performance pluggable smart contract virtual machines and optimized P2P network systems. In Q4, we will focus on cross-chain communication and privacy protection.