2018-9-16 18:18 |
Since the completion of its ICO sale last year, it is evident that TRON (TRX) has made significant leaps and bounds. In the space of twelve months, the digital currency has transformed from a minnow to one of the most auspicious projects in the crypto space. The rapid growth of the cryptocurrency is attributed to its founder, Justin Sun, a Chinese investor that is regarded as a brilliant mind. Moreover, Justin is also a former student of billionaire Jack Ma, the owner of Alibaba.
Throughout the existence of TRON, Justin has maintained close contact with the TRON community, whom he colloquially refers to as ‘Tronics.’ Justin often shares information regarding updates, partnerships and developments with the Tronics.
When the TRON network gained autonomy by separating from the Ethereum Blockchain in late June, it marked the most significant milestone since its launch. However, that was only the beginning according to reports. Although the overall crypto markets have been plummeting and constantly fluctuation, TRON has been performing exceptionally well, especially in recent months. Below are some of the reasons why TRON is among the most promising blockchain projects available in the market.
The Campaign For Mass Adoption Of CryptocurrenciesAs mentioned above, the TRON network became independent from Ethereum protocols when it inaugurated the Odyssey mainnet on June 25, 2018. This, however, was not the ceiling for this ambitious project. In fact, it seems that this project is far off its peak, going by the rate at which it introduces new projects. Within two months after the mainnet release, Justin had announced the establishment of the TRON Virtual Machine and The Super Representative Elections. This trend looks set to continue, at least for the next few months.
Previously, Ethereum’s founder, Vitalik Buterin, indicated that the crypto space no longer has an enormous potential for development that it had before. Justin Sun disagrees with this opinion, saying that the crypto sphere will undoubtedly grow much bigger in the future once digital currencies become mainstream. Apparently, these positive sentiments made by Justin are the ones that he typically shares with the Tronics.
As of now, Justin Sun has his sights set on developing projects that facilitate the decentralization of the internet. Ultimately, like all other crypto hobbyists, Justin wants to achieve the mass adoption of digital currencies. In this regard, TRON recently added the TRX/USD trading pair on the Bittrex crypto exchange. Also, TRON recently acquitted BitTorrent the largest peer-to-peer file-sharing platform in the world.
Soon, Justin intends to incorporate both TRON and BitTorrent in a project called Atlas. Atlas will reward users on the BitTorrent platform for sharing content. This move will increase the circulation of the TRX, resulting in an increase in its value. Of late, the TRX token has been positing impressive results with regard to its value. At the time of writing, the prevailing value of TRX was $0.019527, having increased by 2.73% in 24 hours.
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