TRON launches its network

TRON mainnet launch is scheduled for May 31 that will operate on its own TronVM fully compatible with Ethereum virtual machine
23 May 2018   465

Mainnet launch on May 31 is attracting all of the attention for TRX and the team. Tron will diverge from Ethereum to run on its own blockchain. Enabling TronVM to operate smoothly with Ethereum, dApps built on Ethereum will be able to seamlessly switch over to Tron.

Our next goal is to become one of the top 6 cryptocurrencies in the world. We have actually achieved top 6 briefly on January 5, 2018 during TRON’s outstanding sprint out the gate. In 2018 we will reclaim and secure this title which will mark TRON’s global status as a mainstream public blockchain and lay a solid foundation for competition with Ethereum.

 

Justin Sun

Founder, Tron

The mainnet will feature a throughput of over 1,000 transactions per second and almost zero fee. Tron also addresses the scalability issue of Ethereum as its key advantage. A plethora of exchanges are going to support the migration, i.e. Bit-Z, Bittrex, Bitfinex, Bibox, Binance, Coinnest, Coinrail and Zebpay.

The implementation of Odyssey-v1.06 will transform the reward system on the platform and handle the vote freeze and defreeze. Lastly, the complete TRX realignment will run up to June 21.

At the moment or publication, TRON market parameters are as follows:

Average price 0.075399 USD
Market cap 4,957,368,169 USD
Volume (24H) 530,552,000 USD

TRON to Enter the Governance Era

Team claim it to be "A small step for TRON, a giant leap for digital democracy and for TRX holder"
23 August 2018   443

The new block of TRON (TRX) has just reached a significant milestone, and all 27 "Super Representatives" voted for the new network. Representatives are elected by the TRON (TRX) community and are appointed with important tasks to verify transactions and create new blocks.

TRON officially decided to abandon its original tokens based on Ethereum and launched its own wiring network at the end of last month. Since then, 53 crypto exchange exchanges have changed the old TRX ERC-20 tokens to those that function on the new block.

TRON is also preparing for the official release of its virtual machine and Mainnet update, both procedures were planned for the end of this month, which will give developers the tools needed to create decentralized applications.