Tron (TRX) Enters Digital Democratic Era: Virtual Machine Alongside New Lottery Draw
More hopes await Tron (TRX) in the cryptoverse as the timeline of the altcoin is filled with sundry of colossal developments.
While the Cryptocurrency has for some time been perfecting its Super Representative election to create an independent governance in its ecosystem, today, Justin Sun congratulated the 27 newly elected Super Representative, adding that Tron is ready and set for democracy as the new era arrives.
“Congratulations to all the 27 #TRONSRs, now we are in constitutional phase (after SRs replace GRs. Officially online),” Sun said.
A lover of the Cryptocurrency, Misha Lederman in response to the news stated that the completion of the election is surely a huge milestone for Tron as “7+ billion $TRX are frozen by TRX community to be part of #TRONSR voting every six hours to elect groups, individuals & entities who run the #TRX blockchain”
Lederman added that more breakthrough awaits Tron, pointing that the community has 9 Days until Tron Virtual Machine Launch.
Forthcoming Tron Virtual Machine And New Lottery Draw
Justin Sun today announced that there will be a live stream of the TVM launch come August 30 where the full implementation of the virtual machine will be made available.
In addendum to the previous developments of the altcoin, the founder of Tron said on the day of the TVM launch, there will be a lottery draw.
“#TRON virtual machine launch event. Blockchain the global ecosystem, #TRON to the future. Please wait for the live stream on 10:30am, August 30 (SGT), there will also be a lottery draw, see you there”, Sun averred.
The Virtual machine entered its beta stage after a successful trial launch on June 25. In an interview, Sun said although the team has successfully equipped the launch of the TVM, but they are trying to clarify and make sure that things work out well when launched.
Coupled with the fact that the MainNet was launched about two months ago, the team wants to make sure that it is ready to withstand the TVM, Sun added.
The Founder of Tron had earlier boasted that the virtual machine which is more like a tool for developers will help promote the efficiency of the blockchain technology and its activities in the crypto space.
Not the end, Tron, according to an announcement is now available for trade on one of the biggest Cryptocurrency exchange platform, Coinswitch. It is now clear that Tron’s way beyond the moon is open and going to be smooth.