Lightning cryptocurrency exchange
TRON is a blockchain-based decentralized open source platform founded by the Chinese company TRON Foundation, which is registered in Singapore. The main cryptocurrency platform is TRONIX (TRX). For the first time, the platform became known in the summer of 2017 from the Chinese entrepreneur Justin Sun.
Transaction processing speed in the TRON blockchain
The network is capable of processing about 1 500 transactions per second. The speed will directly depend on how many users are currently making transfers. On average, it will take up to 3 minutes to confirm your transfer. As the number of active nodes increases, this time may change.
TRON network fee
The highlight of the Tron cryptocurrency is the complete absence of fee for transfers. This means that the funds that you send to another wallet will arrive in full. The absence of miners eliminates the need to pay them a reward.
TRON has free bandwidth — traffic. The traffic is piling up. It allows you to make transactions on the TRON system without using fuel. If your traffic runs out, you will have to send transactions with a small fee.
A brief history of Stellar Lumens
Stellar is a publicly available decentralized marketplace with various assets in circulation. The platform also has its own open source cryptocurrency Stellar Lumens (XLM).
The currency is based on the Stellar Consensus Protocol (SCP), which is similar in principle to the BFT protocol of the Ripple platform, but has a significant difference — all network validators are equivalent, there are no central control nodes in the blockchain. XLM coin is more decentralized than Ripple, but less decentralized than Proof-Of-Work cryptocurrencies (such as Bitcoin and Ethereum).
Getting started with XLM
If this is your first time using an XLM account, you need to activate it. To do this, you need to send at least 1 XLM to it. As soon as the transfer arrives at your wallet, it will become active. This is done to protect against spam.
To store this currency, you can pay attention to special wallets Solar wallet and Lobstr.
What is a Memo and do I need to specify it?
When sending XLM, there is an additional Memo field. Memo is the ID of the payment. It is unique, and with its help the service identifies the sender and recipient. Many services have address protection, which does not allow transactions without Memo.
If you forgot to specify a Memo or entered it incorrectly, check if the transaction was sent. If the transaction is not sent, please write to our technical support. If the transaction has already been sent, you should write to the technical support service of the service to which you sent it.
Stellar Lumens blockchain speed and fees
XLM is considered to be a fast blockchain. The transaction is confirmed in a few seconds. The commission is very small, on average 0.00001 XLM.
exchange in 3 easy steps
- Enter the desired amount of Tron and write your wallet address to receive currency.
- Click the “Exchange now” button and you will be taken inside your order.
- Send Tron to the address from your order, after the required network confirmation, Stellar Lumens will be sent instantly.