CEO proposes SUN mining pools for Bitcoin, Ethereum

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  • Justin Sun announced the introduction of a list of comments for the SUN mining pool community on the sun.market platform.
  • The community will be able to decide on the creation of mining pools for Bitcoin, Ethereum, Litecoin and other altcoins.

In a recent announcement, TRON CEO Justin Sun introduced a list of observations for the SUN mining pool community. Sun has recently tried repeatedly to attract more investors to TRON’s DeFi sector. This latest announcement likely aims to achieve this and will therefore provide more features to TRON users in the future.

SUN, the native token of TRON’s DeFi platform, may be mined in the future through the “creation of world-class global asset mining pools,” according to Justin Sun’s announcement. These assets can be TRC-10 standard tokens or TRC-20 and resources that are not part of the ecosystem. The following was announced in a TRON Foundation Medium publication:

The SUN community will work with the JUST team and major exchanges to implement the cross-chain bridge, advancing unprecedented unity among global crypto communities. With the upcoming launch of the SUN community self-government, the community will be fully governed by users voting with SUN for the creation of new mining pools.

The SUN token will then be used, according to the announcement, as a “transit center” that will allow the introduction of external assets into the TRON ecosystem. In this way, the observation list of SUN mining pool community will be used as a reference to list new resources, as the TRON Foundation added:

Keeping openness and transparency at the center, the watch list will include only the most premium cryptocurrencies to provide a wide range of staking resources for the SUN community to choose from.

In the first batch of non-TRC-10 or TRC-20 tokens that will be under observation there are the following cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), Bitcoin SV (BSH) ), STEEM (STEEM). The 10/20 TRC tokens that will be under observation are PEARL, JFI, DICE. Users will be able to vote for the assets proposed by the TRON Foundation:

The SUN community will collaborate with the JUST team and various major exchanges to enable cross-chain asset mining for non-TRC10 / 20 tokens through the issuance of cross-chain tokens. Stay tuned for the announcement.

TRON DeFi Progress

Additionally, the CEO of TRON revealed the latest TRON DeFi industry statistics. Sun famous that the number of TRXs guaranteed on the platform has exceeded 9 billion. Also, even Sun famous that TRON has exceeded the block height of 23,264,314 according to TRONSCAN. The CEO of TRON said this is a sign of the growth of the TRON ecosystem.

SUN offers zero investment in VC, zero investment in PE, no pre-mining or reserves for the team, and is entirely community-driven through its open source smart contracts. Welcome to my $ SUN.

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