NiTron Energy: The Future of P2P Energy on Tron

TRON Hackathon Hackathon Season 7
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Project Name: NiTron Energy

Project Track: DeFi

Team Member(s): @TronNinjas - Mo

DevPost Project Link: DevPost

Demo Video : YouTube Demo

Project Goal: NiTron Energy aims to provide a P2P energy rental platform on the Tron blockchain, connecting energy providers and users efficiently, while maximizing returns and supporting the energy needs of businesses and DApp developers.

Project Value: By utilizing Tron blockchain’s multisig technology and node communication, NiTron Energy offers a secure, transparent, and user-friendly energy rental marketplace without the need for traditional smart contracts. This integration enables scalable and real-time energy management, enhancing accessibility and efficiency in the Tron ecosystem.

Project Info:
NiTron Pitch.pdf (400.5 KB)

Project Website: https://nitronenergy.com/

Project Test Instructions:

  1. Visit the NiTron Energy platform at NitronEnergy.
  2. Register an account or connect with your Tron wallet.
  3. Explore available energy listings or list your own staked energy for rental.
  4. Use the platform’s dashboard to manage your rentals and track energy usage.

Project Details: NiTron Energy leverages Tron blockchain’s multisig and node communication technology to create a P2P energy rental platform that is both secure and efficient. The platform offers a unique value proposition by maximizing returns for energy providers and ensuring a user-friendly experience for all participants.

Smart Contract links: NiTron Energy does not deploy traditional smart contracts; instead, it utilizes Tron blockchain’s multisig technology and node communication for on-chain data and real-time energy management.

Project Milestones:

  • Design and create internal matching system :white_check_mark:

  • Design and create the UX and UI :white_check_mark:

  • Create multi sig dashboard to allow users to self-manage along with data analytics :white_check_mark:

  • Added automated reclaim process :white_check_mark:

  • Move out of beta :white_check_mark:

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Inspiration

After many years in the Tron energy space, we’ve identified two key market segments: daily active users and integration partners. Recognizing the unique needs of these groups, we developed NiTron Energy—a high-throughput platform designed specifically to cater to the substantial energy demands of businesses and DApp developers. Our initial goal is to create a robust pool of energy that can be accessed by businesses and DApps across the Tron network, driving innovation and efficiency in the ecosystem.

What it does

At its core, NiTron Energy is an advanced P2P energy rental platform designed to put the community first. Users with staked energy can seamlessly sell to those in need, supported by our standout feature: a smart matching system that pairs buyers and sellers efficiently and fairly, ensuring a transparent and equitable marketplace for all.

What sets NiTron Energy apart is our robust tech stack built on the Microsoft stack, known for its reliability, speed, and scalability—traits essential for meeting the substantial energy demands of businesses and DApp developers. We’ve prioritized user-friendliness, creating an intuitive platform that lowers the learning curve and makes participation easy, even for those new to blockchain technology. Additionally, NiTron Energy offers one of the highest commission rates in the market, maximizing returns for energy providers and reinforcing our commitment to building a platform that truly serves and benefits the community.

NiTronLogin
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Multi-Language Support

To ensure that NiTron Energy is accessible to a global audience, we have implemented comprehensive multi-language support. Our platform caters to users from diverse linguistic backgrounds, making it easier for businesses and DApp developers worldwide to engage with our services. By offering NiTron Energy in multiple languages, we enhance usability and inclusivity, allowing users to interact with the platform in their preferred language. Currently, we support the following languages:

Our commitment to multi-language support ensures that NiTron Energy remains user-friendly and accessible, fostering a truly global community on the Tron blockchain. If you would like to see additional languages supported, please comment below, and we will do our best to add them!

How we built it

NiTron Energy was built from the ground up as a scalable, multi-tenant system using the Microsoft stack, specifically C#. We chose this technology because it’s trusted by multinational corporations for its speed, reliability, and efficiency, enabling us to create a high-throughput system capable of meeting the rigorous demands of businesses. Our integration with blockchain technology further enhances security and scalability, positioning NiTron as a leader in energy rental solutions on Tron.

Challenges we ran into

One of the main challenges we faced was optimizing the user experience. The blockchain space can be intimidating, especially for new users who may lack the education and understanding of how energy rentals work on the Tron network. We recognized that simplicity was crucial in making NiTron Energy accessible to a broader audience. Our commitment was to design a platform that is not only intuitive and user-friendly but also packed with robust features and analytics. This ensures that users can easily track their sales and energy usage without needing a deep technical background, lowering the barrier to entry and empowering more individuals and businesses to participate in the decentralized energy market.

Accomplishments that we’re proud of

We are proud to have developed one of the highest-paying energy rental platforms available, serving the community with a reliable and efficient service. Our team’s extensive experience in building relationships with other DApp developers has allowed us to secure valuable integration partners, including DEXs, payment processors, and other key players in the ecosystem. This network of partnerships not only enhances NiTron’s value proposition but also fosters a thriving community around our platform.

What we learned

Throughout this journey, we learned the importance of balancing technical sophistication with user-centric design. By focusing on the needs of our users—both individual and enterprise—we’ve been able to create a platform that is both powerful and approachable. This experience has reinforced our commitment to continuous improvement and innovation, ensuring that NiTron remains at the forefront of the energy rental market.

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What’s next for NiTron Energy: The Future of P2P Energy on Tron

The future of NiTron Energy is bright. Our next major step is to launch an API that allows seamless integration with third-party applications. This high-throughput API will enable users to rent energy on-demand, from as little as five minutes to 30 days, providing unmatched flexibility and convenience. By continuing to grow our community and expanding the available energy within the system, we are poised to become one of the leading energy rental platforms on Tron. Our commitment is to ensure that users can access the energy they need, when they need it, driving sustainable growth and success across the network.

Use of Funds from the Hackathon

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If awarded funds from the hackathon, they will be used to bolster and support the ongoing growth of our products and services on the Tron blockchain.

Our primary focus will be on enhancing our platform to ensure it remains at the forefront of energy rental solutions. We plan to invest in our infrastructure, creating our API for seamless integrations, and exploring new opportunities to develop DApps and services that benefit the entire Tron community. These funds will enable us to continue innovating, building strategic partnerships, and delivering high-quality, community-first solutions that empower users and businesses alike. By reinvesting in our technology and expanding our reach, we aim to drive further adoption and create value for all participants in the Tron ecosystem.

Note to the Community

Thank you for your support! We’re excited to have you on this journey with us. To stay updated and help us grow, please follow our social channels:

Your engagement and feedback are invaluable as we continue to build and innovate for the Tron ecosystem. Together, we can achieve great things!

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Welcome back to hackaTRON Mo @TronNinjas ! Loving this new p2p energy platform by you. Wish you al the good luck !

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Thank you, great to be back. Was not able to take part in last season. Have another submission not quite ready yet, keep an eye out for it.

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That is great ! Look forward to checkout it out ! :muscle:

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Hello NiTron team!

Glad to see you around building quality services! :slight_smile:

I’d like to ask some questions:

  • How do you envision the energy market will be shaped in the following years?
  • How can you support true p2p transactions and help individuals taking advantage of TRON’s unique resources system (TRON & BW)
  • Which is, in your opinion, the best balance between TRON protocol fees, energy total cap and energy prices for the general public so TRON keeps being the no.1 choice for micro payments and day to day transactions?

Thank you again for building with us!

Please make sure to add current features being developed and milestones with dates for each so we can asses the development of each one during the hackathon period and the community to review them :slight_smile:

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Welcome to the Hackathon of season 7, I am liking your project already, another renting energy project on Tron is a very good 1, we all know that energy renting is big value, so tell me what other security are you going to apply aside from multisig, thank you

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Thank you it’s good to be back thank you for having us.

  1. As demand grows and accessibility becomes easier, I see the main driver in the space being businesses and their requirements. We are already seeing growth in areas involving systems that require USDT transfers. Additionally, as the DApp space expands, I expect to see growth in developers utilizing such systems to offset or reduce costs for users with seamless integration.

  2. Currently, we do not support bandwidth but plan to in the future. The system is inherently P2P by design. What’s important to us is making this as easy as possible with an intuitive UI so that all users, both new and experienced, can access the market easily.

  3. This is a tough question, and a balance needs to be found in the space. The recent influx of staked TRX has been challenging, reducing capacity and pushing up prices across the board. Although the increase in energy has alleviated some of this pressure, more could still be done. A reduction in the cost of smart contract transactions would be welcome. That said, using energy for transactions is still much cheaper than burning, and as long as that remains the case, the market will thrive. Further reductions would also attract new users.

We will update our milestones. We have held back from our submission until towards the end of the period as we wanted to make sure all had been reached. I will update the post to include milestones achieved.

I hope I was able to answer your questions.

I have also changed the track from Defi to Web3 as it seems more appropriate.

Edit: Seems like SRs may also agree with the cost reduction as this tweet has now gone out:

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The multi signature feature that Tron has makes the system extremally safe for users. They just need to give permissions to the system wallet for delegate and reclaim. The users stake within their own wallet which only they have access to. As for the system internal security, we follow all best practices, I will not go too much into the details of the architecture however, we do take this matter very seriously and use a DMZ to protect our internal components. I hope this has helped to answer your questions.

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Hindsight is an incredible thing!

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Welcome to this session 7. Your project has p2p I believe it the same that I know where we use it to buy and sell crypto. I have some trx but I haven’t stake it. Which my reason is just the long staking period.

Please in your project video for clearer instructions will help me on how to use your project.
Also congratulations on your effort to have this project working, it’s not easy at all to build. Keep it up. Have join your community too

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Good morning, thank you for taking a look at our product. The video has yet to be upload. I will make that is added before the end of the submission period. I will also provide some videos related staking on tron

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Thanks you. Glad to be back

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I hope is like typo error. Or is it ton staking you mean. Is it possible

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Typo. Please excuse me. Edited

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It’s okay sir. Please another question. I know you hard working. You doing well sir.
Sir you have energy site already the one that is NRG. And this one will make it a second energy site. Shouldn’t this second one fall into the builders part? What is the major difference between them I mean the nrg and this one? Thank you sir

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Good morning! Yes, I built NRG, but technically, these products are quite different. They have distinct teams and target different audiences. NRG is a decentralized system running on smart contracts, aimed at everyday users. On the other hand, NiTron is a P2P platform built from the ground up, making it a very different product not only by target market but also by how the system functions. The builder track is meant for products that have been previously submitted and further developed, NiTron is a completely new product that works in a very different way. I hope I was able to answer your questions.

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Thank you for making me understand this. I just gave you a follow to joined your community. If I have any other questions I will come back

Blockquote

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Welcome to Season 7, I see this addresses the needs of businesses and DApp developers for reliable energy resources.
How do you plan to ensure performance scalability as more users and businesses join the platform? Given the high energy demands of DApps and businesses, what measures will be taken to prevent network congestions, especially during peak usage times?

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I thank you for making it more clear for me, but I ask can the users adjust their permission over time or it is a once and for all thing, thank you

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Thank you. We are glad to be back. Our systems will scale vertically if required. We feel this is the best approach. As for network congestion. Thats out of our hands. However, the Tron blockchain has a 2000 TPS. It’s not likely that will ever cause an issue. Thank you.

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