The leading stalking provider, P2P.org, has been elected as a Super Representative (SR) on the TRON network. The appointment comes after a competitive election process. It will now support validation on more than 40 networks, including Ethereum and Avalanche.
TRON Elects P2P.org as New Super Representative
Becoming a TRON Super Representative gives P2P.org the responsibility of running a network node, producing blocks, and validating transactions every three seconds, which is a key function in TRON’s delegated proof-of-stake (DPoS) consensus model.
The top 27 SRs, chosen through community voting, earn block production and voting rewards, which are also shared with participating voters.
Crucially, P2P.org’s integration will enable institutional staking options for TRX. “This expansion strengthens our position across more than 40 networks and creates valuable new opportunities for our institutional partners to optimize their TRX holdings with industry-leading staking solutions,” Alex Esin, CEO at P2P.org stated in the announcement.
“With its scalability and minimal transaction costs, TRON has become the blockchain of choice for an increasing number of DeFi platforms focused on institutional adoption,” Sam Elfarra, Community Spokesperson for the TRON DAO, said.
“As the builders of a thriving ecosystem with hundreds of institutional clients, we are thrilled to welcome P2P.org as a Super Representative,” he added further.
TRON, known for its speed and low-cost transactions, has become increasingly popular among decentralized finance (DeFi) platforms aiming to scale up.
Also Read: Is Tron (TRX) Price Ready for a Breakout Rally To $0.45?
