TRON to Move to Own Blockchain

Own public blockchain of tenth largest cryptocurrency is called Odyssey 2.0
31 May 2018   297

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.

TRON to Acquire BitTorrent

BitTorrent will continue to operate from the new TRON office in San Francisco
24 July 2018   528

The company-developer of the BitTorrent protocol officially confirmed its purchase by the TRON.

It's official. BitTorrent is now part of #TRON. We pioneered the world's largest decentralized p2p protocol, now we're joining forces with TRON to build the future of the decentralized internet.

BitTorrent Inc. Twitter

The company will continue to operate from the new TRON office in San Francisco, from where the platform is now expanding into global markets.

With this acquisition, BitTorrent will continue to provide high quality services for over 100M users around the world. We believe that joining the TRON network will further enhance BitTorrent and accelerate our mission of creating an Internet of options, not rules.

BitTorrent Inc. Blog

The first reports that BitTorrent is in the process of sale to the founder of TRON Justin San, appeared in May. Both sides, until recently, haven't provided any comments. 

It was reported that Justin San initiated negotiations with BitTorrent back in September 2017, signing an agreement on intentions to buy in January. The deal was suspended, due to the fact that BitTorrent, contrary to the agreement, began negotiations with other potential buyers