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Why do transactions like buying energy take 1 minute to confirm?
On the TRON blockchain , transactions take about 1 minute to confirm ( or 20 blocks of 3 seconds each). All decentralized apps (dApps) or even exchanges like Binance will need to wait for transactions to confirm before proceeding to execute the operations related to the transaction. If a dApp doesnt wait for the transaction to confirm , a known exploit called a "double-spend" attack can lead to draining the dApps wallet. In an energy markets case, it means energy sellers might not get paid and buyers will end up not getting the resources. Hence, Tronpower has built safe and robust mechanisms to protect our users.
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