4.1 Blockchain Basics: TRC20 Protocol
TRC20 is a token standard based on the TRON network. It is not accidental that DragonFly chose this protocol as its technical foundation, but it is based on its significant technical advantages and ecological potential. The following is a detailed analysis: High-performance network support The TRON network adopts the DPoS (delegated proof of stake) consensus mechanism, with a block time of only 3 seconds and a theoretical TPS (transactions per second) of more than 2,000, while Ethereum currently has only 15 TPS. This high throughput ensures the stability of DragonFly in high-frequency transactions and large-scale user participation scenarios. For example, even if the platform processes pledge or transfer requests from thousands of users at the same time, the network can quickly confirm transactions and avoid congestion. Low-cost transaction experience TRON's gas fee is extremely low, usually only 1/10 of Ethereum, and even as low as a fraction of a cent in some cases. Take a typical scenario as an example: it may cost $10-50 to execute a smart contract operation on Ethereum, while it only costs less than $1 on TRON. This is particularly critical for retail investors who frequently trade small amounts, significantly lowering the threshold for participation and enabling more users to experience platform functions without pressure. Scalability and Future Potential TRON's architecture design supports dynamic expansion, and network performance will not significantly decrease as the number of users and transaction volume grow. In addition, the TRON ecosystem already has more than 180 million accounts and a rich developer community, providing strong infrastructure support for DragonFly. In the future, the platform plans to achieve interoperability with other mainstream blockchains (such as Ethereum, BSC) through cross-chain bridge technology (such as BitTorrent Chain) to further enhance the scalability of the ecosystem. Seamless integration with Web3 The TRC20 protocol is highly compatible with Ethereum's ERC20 standard, and many existing tools (such as MetaMask, Trust Wallet) already support TRC20 tokens. This means that DragonFly users can quickly get started without learning new technical standards, while laying the foundation for the platform to integrate into the broader Web3 ecosystem in the future. For example, users can seamlessly transfer TRC20 tokens to decentralized exchanges (such as JustSwap) to improve asset liquidity.
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