Hassan Maishera
On Tuesday, TronDAO provided a weekly update to its community via Twitter. According to the team, the total value locked (TVL) on the Tron blockchain has now reached $9.5 billion. Furthermore, the total number of accounts on Tron has surpassed 85 million, while the network has processed over three billion transactions.
TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions.
TRX is down by up more than 1% so far today and is trading at $0.06023 at press time.
