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Tron progresses steadily as it expands its network, surpassing that of Ethereum and EOS while growing its DApps ecosystem. He also revealed his plans for Project Atlas, starting with TRX integration in BitTorrent.
Expansion of the Tron network, beating Ethereum and EOS
In today's live stream, Tron covered some of his most important topics and shared interesting details for the TRX community. From the development of the Tron and Tron ecosystem, future plans for the Tron network to the DApp ecosystem and the progress of the Atlas project, Tron have covered everything.
To begin with, Tron shared the substantial progress made by the network in the last month, which is a good figure.
The network of the thirteenth largest cryptocurrency in the world is close to touching the number of 400 thousand total accounts. The exact number is 399,718, which is about 13 times higher than the total number of Ethereum accounts, in the same period of 93 days after the launch on the mainnet. In addition, it is about 20 percent more than the EOS 5th placed whose mainnet was launched at the same time as Tron's.
Some other details regarding the volume of transactions are:
- Daily transaction volume summit: 440.135, 49 times higher than that of Ethereum in the same period
- Average daily volume of transactions: 146,041 29 times higher than that of Ethereum in the same period
4.9 billion coins burned TRX
In addition, Tron Foundation also reported the TRX coin burning plans:
"The TRON Foundation has completed its fifth breach and plans to burn 4,917,487,036,059613 (4.9 billion) old ERC20 tokens, along with previous burns, TRON will have burned 98012196741.9 (98 billion) altogether, recovering 98.01% of the total 100 billion TRX issued as ERC20 tokens. "
Growth of the DApp ecosystem
At the end of last month, Tron launched the Tron Virtual Machine (TVM) which according to Marcus Zhao, the developer of Tron will allow developers to allow people to build better technologies.
Currently, the official Tron DApp website shows 12 DApps that are in different stages, viz. live, prototype, concept or beta.
According to the latest developments, Tron's network has "collaborated with DapDap, DappReview and DAppworld to support developers in the developer community, online and offline activities, as well as a marketing promotion, to support developers to implement high-quality dApps. satisfy and enrich the TRON ecosystem as a joint effort ".
In addition, recently, when Afri Schoedon, an Ethereum developer, asked developers to stop the implementation of DApp on Ethereum, Justin Sun, Tron's founder and CEO, replied:
"Please stop distributing d-apps on Ethereum and immediately migrate to the #TRON network! We are 100 times faster than #ETH and are fully compatible with #ethereum.We guarantee 100% better user experience!"
Also, read: Justin Sun makes a leap to Ethereum Again Misery, asks Dapps to use Tron Ethereum
Project Atlas: TRX integrated into BitTorrent
On the BitTorrent front, the uTorrent web was launched which was located in Chinese. But more importantly, Tron has announced his plans for Project Atlas. According to the official announcement:
"In the initial phase of Project Atlas, BitTorrent peers will be able to spend tokens to incentivize users on faster networks to sow torrents for longer periods, which will result in better swarm longevity and greater throughput. download: BitTorrent seeder will be able to earn tokens by dedicating more bandwidth and storage space to ensure swarms are faster and live longer.For users worried about mining, TRON (TRX) uses a delegated Proof of Stake system, meaning that participating users will exchange tokens based on the resources provided, not on mining. "
Tron is making a lot of development by offering his investors and the public regular and interesting details to keep going and excited.
Summary
Item name
Tron Progressing at Top Speed: Network Expansion Beating ETH and TRX integration in BitTorrent
Description
Tron progresses steadily as it expands its network, surpassing that of Ethereum and EOS while growing its DApps ecosystem. He also revealed his plans for Project Atlas, starting with TRX integration in BitTorrent.
Author
SAGAR SAXENA
Publisher name
COINGAPE
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