{"id":11423,"date":"2018-05-24T07:51:50","date_gmt":"2018-05-24T06:51:50","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=11423"},"modified":"2018-05-24T07:51:50","modified_gmt":"2018-05-24T06:51:50","slug":"tron-and-eos-mainnets-approaching-here-is-how-to-prepare","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/tron-and-eos-mainnets-approaching-here-is-how-to-prepare\/","title":{"rendered":"Tron and EOS Mainnets Approaching, Here is How to Prepare"},"content":{"rendered":"
Two of the top ten cryptocurrencies are poised to launch their own blockchains and gain digital independence. The Tron mainnet launch on May 31 will effectively split the cryptocurrency off the Ethereum ERC20 network and onto its own. EOS meanwhile will be launching their mainnet on June 1 and similarly moving away from Ethereum\u2019s blockchain.<\/p>\n
TRX and EOS are currently an ERC20 tokens which means you can use your Ethereum wallet address to send and receive them. Many people choose to leave their tokens on the exchanges but a safer option is to use the blockchain directly via services such as MyEtherWallet\/MyCrypto, or a plugin such as Metamask, or even safer a cold wallet.<\/p>\n
If you have your tokens in one of these systems you will need to move them to an exchange that supports the new wallets. In a medium post<\/a> MEW has explained how to do this with emphasis on knowing what exchanges will support the changeover. Binance is highly recommended as they have already announced support and it is one of the world\u2019s largest and most reliable exchanges;\u00a0\u201cBinance would like to confirm that we will support the EOS MainNet Token Swap. We will handle all technical requirements involved for all users holding EOS.\u201d <\/em><\/p>\n The same applies for Tron. On May 25 the Tron Foundation will be launching a virtual machine<\/a> to facilitate the migration of dApps from the Ethereum network to Tron\u2019s however this does not affect TRX holders.<\/p>\n By using MEW or mycrypto.com you can access your Ether wallet address and load up the other tokens stored there, in this case TRX and EOS. In the Binance find the deposit address for TRX or EOS and use that as the destination back in MEW. You will need a tiny amount of ETH to cover the cost of the transaction.<\/p>\n