TRX Users Should Transfer Tokens to Avoid Loss of Funds

Tron will migrate from ERC20 tokens to TRX, the cryptocurrency on Tron’s public blockchain, on June 21, 2018
16 April 2018   140

TRON is a project dedicated to building the infrastructure for a truly decentralized Internet. The Tron Protocol offers scalable, high-availability and high-throughput support that underlies all the decentralized applications in the TRON ecosystem.

Due to the upcoming lauch of TRON main net, the project has published a migration notice on the official website. Tron will migrate from ERC20 tokens to TRX, the cryptocurrency on Tron’s public blockchain, on June 21, 2018(GMT+8). All transactions will be frozen on the exchanges from June 22 to June 23.

TRON Migration NoticeTRON Migration Notice

Tron Labs recommended the users to move their funds from wallets to the exchanges in order to ensure safety of the tokens. After June 24, ERC20 will no longer be valid for transactions, and only transactions with TRX on the public blockchain will be supported.

Tron (TRX) to found New Office in Taiwan

The CEO of the blossoming cryptocurrency Tron (TRX) Justin Sun has claimed that a company office will soon be opened in Taiwan
23 April 2018   52

Having encountered with Jason Hsu (Taiwanese legislator) in order to discuss blockchain and cryptocurrency on Monday morning, Sun determined that the Tron Foundation would take part in the Taiwan Blockchain Self-Regulatory Organization (TBRSO), an industry institution recently established by Hsu.

Being well-known in the FinTech space, Hsu has taken an important part in spreading the word about cryptocurrencies throughout Taiwan. So nevertheless Hsu has been in support of blockchain technology, his attempts have even been noticed by  Ethereum co-founder Vitalik Buterin, who called him the “Crypto Congressman”. Buterin, in fact, is but one industry expert that Hsu has cooperated with in his pursuit “to make Taiwan a Blockchain island” – according to a recent blog post.

But speaking of those trying to turn into a ‘blockchain island,’ in an uncanny aside for Tron, this past weekend saw Malta found a node for the Tron Foundation. Malta has recently been making impressive successes as they too work relatively to becoming a crypto hub.

Definitely, they made remarkable changes by luring Binance across. The leading crypto exchange’s CEO declared that Binance is “convinced that Malta will be the next hotbed for innovative blockchain companies.” Binance creator Changpeng Zhao has also been working together with Taiwan’s “Crypto Congressman” in recent times, having met at Hsu’s congressional office.

Changpeng retweeted a tweet by Hsu on Thursday. This post promoted his ‘blockchain island’ vision (it was also commented by Buterin multiple times).