TRON is one of those ambitious projects that dedicates to establish a decentralized internet and its infrastructure. The current TRON team operates from Tokyo, San Francisco, Beijing Seoul, and many other regions and countries.
TRON’s technological team is formed from experienced developers previously employed by internet giants such as Alibaba, Tencent, and Baidu. The CEO and founder of TRX are Justin Sun former protégé of no other than Jack Ma the CEO of Alibaba.
TRON Provides Cutting-Age Blockchain Technology
The journey began in March 2014 when Raybo is establish in Beijing, China’s first internet technology company in the blockchain industry. After years of development in July 2017 TRON foundation is established in Singapore.
December 2017 Tron launches its open source protocol and like all other cryptocurrencies price plummeted to the highest ever seen of $0,254. On March 31, 2018, TRX launches TestNet and blockchain explorer along with its Web Wallet. Letter to the TRON Community regarding Super Representative Elections was sent on April 2018.
Launched on May 31, 2018, Odyssey 2.0 is the technical milestone for TRON where prices reached $0,090 on a declining cryptocurrency market. TRX independence day took place on June 25, 2018, where the Genesis block has been created with the consensus of the TRON community.
The reality is that TRON aims to become an intuitive and fully-featured Decentralized Exchange (DEX). It will allow you to trade between TRON, TRX10, and TRX20 tokens in a secure and decentralized way.
TRON is a relatively young platform that was launched in June 2018 and its focusing on creating a DApp-friendly infrastructure. Also, TRONWatch Market will help to increase the liquidity of the TRON token network.
Looking at TRONs nodes on the blockchain it is safe to notice the majority are in the United States of America. The amount of blocks created on the blockchain are 4,653,904 and growing and a total of over 75 million transactions.
Similarly, by looking at TRON transfers, we can see over 26 million and the number will change accordingly depending on the selected currency.
TRON ERC20 TRX to Mainnet TRX
Token migration from ERC20 TRX to Mainnet TRX started on June 21 and ended on June 25, making it much easy for TRON users. If your TRX is held in a wallet and you were not aware of the migration notice or saw the migration notice after June 25th, visit TRONs permanent token-exchange counter to exchange your tokens for Mainnet TRX.
DApps Build on TRXMainnet
Well, this list is quite big. However, we will be looking at popular dapps built on TRX mainnet. While many of you probably experienced such applications, you can pick your favorite on THEIR WEBSITE. Choose from a variety of dapps starting with Games, gambling, and exchanges where you guess it is gabbling having the most daily users. The total dapps are 25, and total daily users are close to 4 million with over 700,000 daily transactions.
TRON Ecosystem Co-Builder Plan
The TRX ECP encourages and supports TRON-based Startups, freelance developers, DApp developers, and Blockchain VC to cobuild.
TRON ecosystem will provide them with a platform for long-term communication and cooperation with the company.
Through their platform, co-builders can submit their projects or DApps, technical support, apply for resources like capital, and community exposure. Also claiming development task completion, it and get the reward. Based on the 4 sections mentioned above, the TRX Claiming Plan for DApps, TRON ECP: TRON Booster, VC Partnership Plan and Task Claiming Plan. TRX welcomes every developer to participate in the cobuilding ecosystem.
Social Media and TRON Events
Justin Sun and his team are posting updates actively on social media regarding the development progress. Similarly, TRX is organizing events that can bring developers and investors a healthy sum of money. CLICK HERE for more details.
Therefore, TRX accelerator is the name and its attributes are quite simple. Developers and foster innovations on the blockchain will get access to this $1 million dollars’ prize pool. To take part, submit your project from 1st of December, 2018 until 4th of January, 2019.
They will judge all submitted project from 5th of January to 10th of January, 2019 when the winners will be announced.
The biggest day for WINNERS will be on the date of 18th January 2019 when all prizes will be handed at San Francisco.
The rules are simple to follow if you’re a developer in the blockchain. However here is a LINK where you can find more information.
TRON to THE MOON?
Well not quite, because of current market conditions it is safe to assume that all crypto will rally together. In terms of market cap, we lost about $500 million from the start of the week but slowly recovering.
Also, TRX is part of my personal portfolio where is sitting since March of 2018 together with other cryptocurrencies.
If you decide to buy TRX, understand the project and do your own analysis regarding the subject.
Just looking at how the market is behaving this might be the buying opportunity everyone is waiting.
I hope you all learned something and like always I wish you Happy Trading and Every success!