P2P.org Elected as TRON Super Representative

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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?

Rajpalsinh Parmar
Written by
Rajpalsinh Parmar

Rajpalsinh is a crypto journalist with over three years of experience and is currently working with CryptoNewsZ. Throughout his journey, he has honed skills like content optimization and has developed expertise in blockchain platforms, crypto trading bots, and hackathon news and events. He has also written for TheCryptoTimes, where his ability to simplify complex crypto topics makes his articles accessible to a wide audience. Passionate about the ever-evolving crypto space, he stays updated on industry trends to provide well-researched insights. Outside of work, gaming serves as his stress buster, helping him stay focused and refreshed for his next big story. He is always eager to explore new blockchain innovations and their potential impact on the global financial ecosystem.

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