TRON has for some times been signaling sundry of developments with an early one coming as TRON testnet. After the testnet, TRON came up with a disrupting news that it will soon launch its Mainnet, leaving ERC20 network to establish its own. At the same time, it is going to be listed on Coinbene.
In 10 days’ time, the launching of the Mainnet will be in place, and TRON will become an outright competitor of Ethereum.
“From today to the last day, we are no longer the ERC20 token and in the future, we will compete with Ethereum as a DApp platform,” Justin Sun said.
“We will compete face to face with Ethereum, and we have confidence we will build a large ecosystem; a much large ecosystem than the Ethereum. I will explain to you why we can surpass Ethereum in the future.”
While the migration is a big development that raises eye brow and calls for attention, questions and doubt has been escalating from IOTA’s lovers on what would be of the altcoin’s future.
Assuring users on the future of TRON, Sun replied saying the migration calls for no alarm and it surely benefit them.
“The TRON Foundation decides that TRX only supports migration to exchanges for the sake of the safety of users’ assets and hopes that this allows ordinary users to avoid the risk of losing assets just for missing the snapshot time in the mapping snapshot mode,” Sun said.
Justin made know that issues which would be addressed in the Mainnet includes; Transactions Per Second [TPS], speed, security and overall performance. Q2 which will see the release of the Mainnet, once achieved, would aid the implementation of 10K TPS.
“TRX will not make additional issues before 2021. The bonus TRX for package transactions before 2021 will come from the TRON Foundation. Afterwards, we will increase the supply of TRX at a fixed amount instead of a certain percentage.”
“Our main goal at Q3 is to fully support third-party apps and provide third parties with stable and reliable system-level support, including high-performance pluggable smart contract virtual machines and optimized P2P network systems. In Q4, we will focus on cross-chain communication and privacy protection,” Sun concluded.
TRON To Be Listed On Coinbene.
While TRON has been disrupting the Cypto verse with outnumbering developments, the team behind the cryptocurrency seems to be whispering that the altcoin’s space for development is still wide with a recent one coming from the owner of the altcoin.
Justin Sun went live on Twitter to announce that the altcoin will soon be listed on Coinbene, a Malaysian crypto exchange.
The latest development will see TRON’s expansion to Malaysia, giving it more popularity and at the same time making it go above its competing equals.