Energy
Last updated
Last updated
In the context of the TRON network, "Energy" refers to a resource consumed for executing smart contracts. It is analogous to the concept of "gas" in Ethereum. Users need Energy to process transactions and run applications on the TRON blockchain.
Users can obtain Energy by freezing TRX, the native cryptocurrency of the TRON network. Freezing TRX grants a user a certain amount of Energy, which can then be used for smart contract execution. The amount of Energy obtained depends on the amount of TRX frozen.
Each smart contract execution on the TRON network requires a certain amount of Energy. This amount varies depending on the complexity and computational requirements of the contract.
This indicator is crucial for understanding the efficiency and scalability of the TRON network. High Energy consumption could indicate a robust usage of the network's smart contract capabilities, while low Energy costs can make the network more attractive to developers.
For users, understanding the Energy indicator can help in managing their TRX holdings and transaction costs. Developers can use this information to optimize their smart contracts for lower Energy consumption, thereby reducing operational costs.