TRON to Move to Own Blockchain

Own public blockchain of tenth largest cryptocurrency is called Odyssey 2.0
31 May 2018   637

On May 31, at 12:00 UTC, the beta version of the main Tron network was launched. The tenth largest cryptocurrency ($ 4 billion) is migrating from the Ethereum network to its own public blockchain called Odyssey 2.0. This is reported by CCN.

Before the network starts a full life, developers will be engaged in setting up wallets and browsers.

Our team maintains a high standard of excellence as we head towards becoming a mainstream public blockchain. The move of the TRON Protocol to MainNet makes it easier for developers to break away from Ethereum and opens up new doors towards better scaling, commercialization and express lanes needed for global dApp development.

Justin Sun

Founder, TRON

From June 21 to June 24, users will have to transfer their ERC-20 tokens to the cryptoexchanges  that supports the migration to get an equivalent amount of TRX on the new network. The transition of the tokens will end on June 25 - this date the developers named the "Independence Day". 

Tron has functioned as an ERC-20 token on the Ethereum network, and the TRX token has steadily climbed the top 10 market cap charts.

ABCC Exchange to be 1st to List TRC-10 Tokens

TRC-10 is a token standard supported by the original TRX cryptocurrency blockchain
16 January 2019   122

ABCC cryptocurrency exchange has entered into a partnership with the Tron project and will be the first platform to list for TRC-10 tokens.

This is stated in the ABCC tweet, the news was also confirmed by the founder and CEO of Tron Justin San.

As stated in the developer guide, TRC-10 is a token standard supported by the native Tron cryptocurrency blockchain (TRX) without deploying the Tron virtual machine (TVM).

At the same time, the TRC-20 standard token is used for smart contracts with TVM support and is fully compatible with the ERC-20 standard tokens on the Ethereum platform.

Earlier it was reported that the standard token TRC-10 will form the basis of BitTorrent Token (BTT). The project also plans a tokesale on the Launchpad platform from the Binance exchange.

Last week, the TRX cryptocurrency came in 9th place in terms of capitalization, bypassing the Bitcoin SV.

As of Wednesday morning, January 16, the TRX price, dropping 3.97% over the day, was $ 0.024. Cryptocurrency capitalization was $ 1.622 billion.