Is it possible to mine for new blocks on the Tron network and how does this work exactly?
Yes, it is possible to mine for new blocks on the Tron network.
This process is called Delegated Proof of Stake (DPoS). It works by allowing users to stake their TRX tokens in order to become a “delegate” or “super representative”. These delegates are then responsible for validating transactions and creating new blocks on the network.
In order to become a delegate, users must stake a certain amount of TRX tokens. The more tokens they stake, the higher their chances of becoming a delegate. Once they become a delegate, they will receive rewards in the form of TRX tokens for each block they create.
The process of mining for new blocks on the Tron network is quite simple and straightforward. All that is required is for users to stake their TRX tokens and wait for their turn to become a delegate or super representative. Once they are chosen as a delegate, they will be responsible for validating transactions and creating new blocks on the network.