Tron announced the SUN Network update

By Sam Hamou | SamHamou | 10 Apr 2019


The founder of the Tron cryptocurrency project, Justin Sun, announced the activation dates for the next SUN Network update.

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Speaking of improvements to the protocol, Justin Sun mentioned the addition of a cross-platform infrastructure and decentralized application sidechains that "will dramatically improve Tron network throughput, including the number of transactions per second and the future efficiency of the execution of smart contracts ".

The protocol update will take place in three steps:

Step 1: Test Network
The launch of the SUN Network test network is scheduled for May 30th.

"We plan to implement a process for unlimited scaling of the core network while maintaining asset security and community support for the formation of a sidechains ecosystem," note the developers.

Step 2: Official Launch
The official launch of the update is scheduled for August 10th. At this stage, certain features, such as security and decentralization, will be further strengthened. This will have a positive impact on the entire TRON ecosystem and help the community to carry out the "green" development of the sidechain.

Step 3: Optimization
Starting September 15th, Tron will begin optimizing the protocol to simplify interactions with previously integrated modules. This will be the third and final step of the update.

Tron experienced a sharp increase on April 7 and, at the time of writing the article, its price is about $ 0.03, with a capitalization of more than $ 1.8 billion. TRX's trading volume in the last 24 hours was $ 650 million. Over the last seven days, its price has risen 21.14%, in the context of many positive news.

Recall that last week, Sun announced that the launch of the stablecoin on the blockchain Tron will take place on April 9 and discussed the prospects for cooperation with Tether.

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Sam Hamou
Sam Hamou

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SamHamou
SamHamou

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