Home / Cryptocurrency / Tron (TRX) makes another major stride as its accounts surpass 400K mark

Tron (TRX) makes another major stride as its accounts surpass 400K mark

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Tron is one of the biggest blockchain platforms in the market today. It has become a renowned digital asset. Just a year ago, Tron was a conceptualized platform, but with lots of projects such as TVM, 'Project Atlas,' and Tronscan, it's set to take over the world.

Tron has achieved yet another success as its network has expanded. The fully decentralized-focused blockchain network account surpassed 400k mark just a couple of days ago, on 26th September 2018.

It is important to note that Tron surpassed EOS network account and increased to more than 300,000 earlier on; now, Tron has even moved up and surpassed 400,000 mark. This is a snapshot from Tronscan.org showing the number of accounts on the network.

Tron Accounts

Snapshot is taken from Tronscan.org official page.

This account was originally published under EOS behind, and has been disclosed earlier this year. It is about the third quarter of the year during the launch of Tron's Virtual Machine (TVM). That's already done now, as stated above.

Also, Tron has experienced an increase in its daily transactions. September, TRX daily transactions reached highs of more than 400,000. And now, as I write this, the last day transactions that Tronscan shows were 245124, which tells the network usage is multiplying.

Tron's Virtual Machine was launched a couple of months ago, Sun said that Tron's VM would be faster and better than Ethereum's. However, Sun's statements have been actualized as the community's reaction, Tron's VM is 1000x quicker and compatible than Etheruem's VM.

Dapps developers should not build their Dapps on Ethereum

Tron's Projects: Completed and Work in Progress

Tron 'network is growing with every day that passes, and this is two to its accomplishments. Just this year alone, Tron's ICO was completed (within three days), its blockchain developed, 2000 TPS, ERC burned and now TRC, BitTorrent acquired, Blockchain.org acquired, MainNet launched, 27 Super Representatives elected, and TVM launched.

Sun recently released Tron's weekly report to the world that's covered by the Tron Foundation.

According to the report, there are several signs of progress on Tron's network, which includes the addition of hardware information and data testing for nodes. In the last seven days, Tron has included a paging query. For its wallet, an update has been completed.

Several projects are still being worked on. TVM test cases. Also, a UPnP test has been done on its network alongside full multi-signature related unit tests on its wallet.

The price of TRX is $ 0.02264, after going up by 6.80% in the last 24 hours, with a market capitalization of $ 1,491,808.093. The blockchain entering the market position NO.13, according to CoinMarketCap.

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Disclaimer: This article should not be taken as an investment advice. Global Coin Report and / or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not holdings in some of the coins or tokens they cover. Please conduct your own research before investing in any cryptocurrency and read our full disclaimer.

Photo by Nghia Le on Unsplash

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