TronWallet: The Road to TRON Super Representative (SR)
About Tron Wallet, Super Representatives, voting rewards and more
TronWallet is a secure peer-to-peer crypto wallet and exchange for TRON. Send, receive, pay, request payments, vote and participate in a new decentralized world.
On TronWallet, users are able to securely store and exchange crypto directly on the blockchain.
TronWallet started it’s run for SR on September 20, and, since then we have been learning a lot. Becoming a TRON Super Representative will be a step forward for TronWallet global adoption. To create a healthy ecosystem for our users and the TRON Network, the TronWallet Team will invest to build cutting-edge products to extract the full potential of TRON blockchain technology.
Some insights that we have about our SR run:
- People vote for rewards, not necessarily for the better proposals
- Setup servers with private keys require important security measures
- Create secure and custom rewards scripts take time. Big thanks to https://twitter.com/_CryptoChain_
- Becoming SR is a huge responsibility and opportunity to create a unique community around of a new decentralized world.
SR Fail Fast
Our first goal was to reward our voters with TWX, but it didn’t work out. While many voters was happy with the TWX reward plan, it wasn’t too attractive to bring 120m votes that are necessary to become a TRON SR.
With several ideas from TronWallet community and after some scenarios of rewards have been tested, We have decided to change our reward plan to the following structure.
- We will pay 97% of rewards from SR block generation
- All rewards are paid in TRX
- 3% is allocated for operation costs
SR’ are paying in average 16-17 TRX per day (24 hours) for 100k TRX votes. TronWallet SR will pay ~32 TRX per 100k TRX votes until January 01 2019.
We strong believe that TWX should be reward for holders and voters in a near future and our team is working hard to make it happen as we go.
Full Node: United States (US-EAST-1) AWS m5d.xlarge
Solidity Node: United States (US-EAST-1) AWS m5d.xlarge
Full Node: United States (US-EAST-1) AWS X1.16xlarge — 64 Core CPU — 1 TB RAM — 1.9 TB SSD (EBS) — 25 GB Broadband
Solidity Node: United States (US-EAST-1) AWS M5D.x4large — 1 TB RAM — 1.9 TB SSD (EBS) — 25 GB Broadband
MainNet Backup Servers
Full Node: United States (US-WEST-1) AWS M5D.x4large — 1 TB RAM — 1.9 TB SSD (EBS) — 25 GB Broadband
Solidity Node: United States (US-WEST-1) AWS M5D.x4large — 1 TB RAM — 1.9 TB SSD (EBS) — 25 GB Broadband
This post is for informational purposes only. This does not constitute investment, legal, or other professional advice. The plan presented here is subject to changes without notice.