TRON migrates from Ethereum

TRON is migrating from Ethereum blockchain to its own blockchain on June 21
07 May 2018   1212

TRON public blockchain main net token migration is set on June 21. The migration is going to be from ERC 20 token to native TRX token. All exchanges are advised to freeze all transactions from June 22 to June 23. After June 24 ERC 20 will get invalid for transactions as TRX becomes the sole supported token for transactions.

As for the token holders with the funds already kept on exchanges, all the necessary operations for the migration shall be processed automatically. Getting back to the exchanges, they are advised to post the notice about TRX migration with the format of the technical transition file for TRX migration being git. Exchanges like Bittrex, Bitfinex and Bit-Z have already confirmed the full support of the migration.

To learn more about the transition process, you could visit TRON Medium page here. As for the market parameters of TRON, at the moment of publication they are as follows

  • Average price: $0.087809
  • Market cap: $5,773,269,361
  • Volume (24H): $737,052,000

SUNNetwork Code v1.0 to be Released

Sun Network includes DAppChain - a sidechain designed to “unlimitedly scale” the TRON core network
12 August 2019   182

The developers of the TRON cryptocurrency project announced the release of the first version of the Sun Network code base.

The Sun Network protocol as a whole is focused on the efficient execution of smart contracts, improving network performance and reducing fees.

Sun Network includes DAppChain - a sidechain designed to “unlimitedly scale” the TRON core network. According to the developers, DAppChain provides cross-chain communications and allows you to safely and efficiently run decentralized applications (dApps) that use a minimum of resources.

Launch of DAppChain in the main TRON network is expected in the near future.

It is also interesting that the Binance cryptocurrency exchange does not consider either TRX or the TRON-based BitTorrent token for inclusion in the listing of its US unit, which is probably due to regulatory risks.

The other day, TRON founder Justin Sun said that listing Binance US is a top priority for the project.