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To further ensure that TRX's circulating supply did not suddenly increase in crypto-markets, the TRON Foundation did two things after the project's Mainnet was launched again on 25 June. The first thing they did was the immediate coinburn of 1 Billion TRX which reduced the total coin distribution to 99 billion. The second thing the Tron team did was to block TRX 33.25 billion until January 1, 2020.
The lock up was further performed in 1,000 different accounts to further protect the stock of digital assets. By distributing the coins, the Tron Foundation has reduced the probability of losing all the coins at once due to a hack or a series of hacks.
It is with this background that Justin Sun announced a few hours ago that they created a query tool for anyone who wants to check 1,000 addresses and their corresponding TRX values. In the tweet, Justin stated the following :
Last month, considering the security of digital resources,
@Tronfoundation blocked 33.251.807.424# [19659005] TRX in 1000 addresses of#TRON mainnet, to allow#TRONICS to search these addresses more easily, we have created a tool query,
The query tool is available online by following this link .
Continuous increase in transactions and daily accounts on the Tron network
The Tron network continuously acquires new accounts in addition to increasing the volume of transactions per day. On 7 August, the daily transactions on the Tron network were 128.438. This number, through Tronscan, currently stands at 185,987 transactions a day. The last peak in daily transactions was recorded on August 8 when this number reached 215.811
. The number of accounts on the network also increased from 92,175 on 7 August to current values of 171,997. This is an increase of 86.6% in just 4 days.
It is therefore not surprising that Justin Sun predicted that the Tron network will soon overtake the Ethereum network in terms of daily transactions.
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