Quicknode

April 26, 2023 — 4 min read

TRON is now live on Quicknode!

We’re thrilled to announce the addition of TRON as Quicknode’s 20th supported blockchain protocol! With this expansion, Quicknode aims to empower developers with the tools and reliability needed to create scalable and secure decentralized apps on the TRON network.

As one of the largest and fastest-growing blockchains in the world, TRON is an essential piece of the greater web3 ecosystem. Its high throughput, high scalability, and high availability make it the perfect choice for multi-chain developers and projects.

Quicknode’s TRON infrastructure is now available to everyone on our platform. Get started on TRON instantly!

What is TRON?

Founded in 2017 by Justin Sun, TRON is a global leader among blockchain protocols, with a mission to create the infrastructure for a truly decentralized internet. TRON shares Quicknode's commitment to decentralization and has built a vast ecosystem that includes its Layer-1 blockchain, TRON Virtual Machine, TRON DAO, DAppChain sidechains, and the file-sharing service BitTorrent Chain, among others.

TRON operates on a consensus mechanism called delegated proof-of-stake (DPoS). This sets TRON apart from energy-intensive proof-of-work models like Bitcoin. DPoS is an evolved version of the proof-of-stake mechanism employed by blockchains such as Ethereum. In this system, participants vote to select which nodes, known as "super representatives," are permitted to process transactions on the network. TRON features 27 super representatives responsible for validating transactions, generating new blocks, and competing for rewards based on their positive contributions to the network. The continuous voting system allows for the replacement of any misbehaving super representatives, ensuring an ongoing, efficient, and secure operation.

What makes TRON unique?

• Unrestricted data flow: TRON promotes the free and uncensored movement of data across its network, empowering users with data liberation.

• Ownership of digital assets: TRON fosters an environment where users can possess the rights to their content while also monitoring its distribution and propagation.

• Fundraising: TRON grants users the ability to raise funds and circulate digital assets, democratizing the fundraising process.

• Next-level smart contracts: TRON builds the necessary infrastructure to facilitate more complex assets, such as gaming and market prediction, expanding its platform's capabilities beyond traditional smart contracts.
  

Use case and popular projects on TRON

Developers will immediately find many beneficial use cases for TRON.

A few of the more popular use cases are:

DeFi

TRON is an excellent choice for decentralized finance applications due to its high throughput and low transaction fees.

Gaming

The advanced smart contracts infrastructure enables the development of complex gaming assets and applications on the TRON network.

Asset Transfering

TRON's support for BitTorrent brings numerous benefits, including a scalable and cost-efficient platform for Web3 developers through cross-chain services. With full EVM compatibility, high TPS, low gas fees, and a secure network, BTTC enables fast, affordable, and secure asset transfers across multiple blockchains.

Multimedia

TRON is making huge strides towards decentralized multimedia — what they call "frictionless TV." With its decentralized blockchain platform, TRON is changing the game for content publishing, storage, and ownership. It also offers unlimited scalability, user control over content, and support for P2E game development, creating a thriving entertainment ecosystem.

Popular projects powered by TRON:

SunSwap

SunSwap is a decentralized exchange for swapping TRC-20 tokens, with liquidity providers receiving all transaction fees. SunSwap aims to become the largest and most comprehensive decentralized exchange in the market, supporting the ongoing growth of DeFi.

JustLend

JustLend is the first lending platform on TRON, allowing users to borrow, lend, or deposit assets to earn interest. JST token holders can vote on proposals to determine JustLend's governance. JustLend seeks to establish fund pools with interest rates determined by the supply and demand of TRON native assets.

LUMINOUS

Luminous is a TRON-based cryptocurrency gaming ecosystem featuring games like Lucky Dice and Megabit. Players can earn rewards by predicting Bitcoin prices in Megabit or rolling the dice in Lucky Dice.

Pioneering new blockchain solutions with Quicknode

Quicknode's support for TRON will further enhance the development of cutting-edge decentralized applications, paving the way for mainstream adoption of blockchain technology. By offering advanced tools and infrastructure for web3 development, Quicknode is committed to fostering innovation and growth within the TRON ecosystem.

To learn more about TRON and its capabilities, visit the following resources:

• Quicknode TRON Documentation

• TRON Official Website

• TRON Documentation

• TRON DAO