TRON (TRX) Community will celebrate Independence Day on Monday-25th June, 2018

in #cryptocurrency6 years ago (edited)

TRON, the tenth largest cryptocurrency, has already announced that it will launch its very own public blockchain. This project is a significant undertaking and will involve token migration as well as major work related to scalability and increased decentralization. This move from the Ethereum blockchain to TRON’s independent blockchain is known as Odyssey 2.0, and TRON’s mainnet beta testing period will extend through the better part of June. Furthermore, the formal launch if the network’s new blockchain will be market by the mining of its genesis block on the 25th of June. June 25 is already being called ”Independence Day” by members of the TRON community.

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TRON founder, Justin Sun, says One of the major benefits that TRON’s individual blockchain is expected to bring is a large improvement in speed. TRON developers have already argued that their independent network can be up to 400 times faster than the Ethereum blockchain.

TRON, the tenth largest cryptocurrency, has announced that it will launch its very own public blockchain today on May 31. This release comes as part of a major transition that TRON is currently undergoing, where it intends to move from the Ethereum blockchain on which it is presently based to an independent blockchain. This project is a significant undertaking and will involve token migration as well as major work related to scalability and increased decentralization. What’s more, it is intended for the entire transition to be completed in less than a month’s time.This move from the Ethereum blockchain to TRON’s independent blockchain is known as Odyssey 2.0, and TRON’s mainnet beta testing period will extend through the better part of June. Furthermore, the formal launch if the network’s new blockchain will be market by the mining of its genesis block on the 25th of June. June 25 is already being called ”Independence Day” by members of the TRON community.

The move to TRON’s blockchain will also involve a token migration from the old Ethereum-based blockchain to the new independent platform. Investors will have the opportunity to exchange their ERC-20 TRON tokens on cryptocurrency exchanges and receive a corresponding number of TRX tokens that are supported by the new blockchain.
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