As a Super Representative, P2P.org will validate transactions, produce blocks every three seconds, and participate in governance decisions within TRON's Delegated Proof-of-Stake consensus mechanism. The company's integration into the TRON ecosystem is expected to enhance the network's infrastructure and provide institutional investors with streamlined access to TRX staking opportunities.
Founded in 2018, P2P.org has established itself as a leading provider of non-custodial staking services, supporting over 40 blockchain networks, including Ethereum, Polkadot, and Solana. With more than \$10 billion in assets under management and a client base exceeding 90,000 delegators, the company's expansion into TRON signifies a strategic move to broaden its institutional staking offerings.
Alex Esin, CEO of P2P.org, highlighted the significance of this development, stating that becoming a TRON Super Representative Validator represents a significant advancement in their validator portfolio. He emphasized that this expansion strengthens their position across more than 40 networks and creates valuable new opportunities for institutional partners to optimize their TRX holdings with industry-leading staking solutions.
The election of P2P.org aligns with TRON's objective to attract institutional participation by offering scalable and cost-effective blockchain solutions. Sam Elfarra, Community Spokesperson for the TRON DAO, noted that 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. He expressed enthusiasm in welcoming P2P.org as a Super Representative, acknowledging their role in building a thriving ecosystem with hundreds of institutional clients.
TRON's Super Representatives are elected through a voting process where TRX holders use their staked tokens, known as Tron Power, to vote for candidates. The top 27 candidates with the highest votes become active Super Representatives, responsible for block production and network governance. Candidates are required to pay a registration fee of 9,999 TRX to participate in the election.
P2P.org's entry into the TRON network is anticipated to bolster the network's resilience and decentralization. By providing institutional-grade staking services, the company aims to facilitate greater institutional engagement within the TRON ecosystem. This move is expected to contribute to the overall growth and stability of the network, particularly as institutional interest in blockchain technology continues to rise.
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