Tron utilizes two key resources: Energy and Bandwidth, to manage its network and transactions. Here’s a detailed explanation:
- Purpose: Energy in Tron is used to process smart contracts and execute transactions. It’s akin to “fuel” for running programs on the Tron network.
- Usage: When you interact with a smart contract, such as executing a function or making a transaction that changes the state of the blockchain, Energy is consumed.
- Freezing TRX: Users can obtain Energy by “freezing” their TRX tokens. Freezing means locking your tokens for a certain period, during which you can’t trade them. In return, you receive Energy.
- Direct Payment: Alternatively, if you don’t have enough Energy, the network charges a fee in TRX.
- Purpose: Bandwidth is used for transactions that don’t involve smart contracts, like simple TRX transfers.
- Usage: Each account is allocated a small amount of free Bandwidth daily. This can cover basic transactions, but more active users may need more.
- Freezing TRX for Bandwidth: Like Energy, Bandwidth can be obtained by freezing TRX. You choose whether to receive Energy or Bandwidth while freezing your TRX.
- Exceeding Free Bandwidth: If you exceed your free Bandwidth, the network deducts a fee from your TRX balance.
- How to Freeze: Typically, this is done through a Tron wallet or a service on the Tron network.
- Unfreezing: Frozen TRX can be unfrozen after a set period, usually three days, and then used or traded again.
- Votes and Governance: Freezing TRX also grants voting power, which can be used to vote for Super Representatives (SRs) in Tron’s governance system.
- Balance Between Energy and Bandwidth: Users need to balance their Energy and Bandwidth based on their typical Tron network activities.
- Managing Resources: Efficient management of these resources is crucial for active users, especially those interacting regularly with smart contracts or making numerous transactions.
Cryptocurrency Exchange Script Codono uses Its main address to Move sufficient energy as Gas to move users TRC20 deposit to main address. Everything is automatic in this process.