- Steemit announced a strategic partnership with the TRON foundation owned by the Chinese billionaire, Justin Sun.
- TRON foundation and Steemit Inc. Together look forward to creating more value for their users and to augment their advancements in decentralized technologies.
The largest decentralized blockchain-based blogging and social media platform, Steemit, announced a strategic partnership with the TRON foundation owned by the Chinese billionaire, Justin Sun.
The development teams from both Steemit and TRON will begin working hand in hand to bring various Steem based blockchain apps and Steemit to the TRON network immediately for TRON’s 20 million users, products, and various services.
TRON is a large decentralized ecosystem, which is popular and reputed for providing fast network speed, high throughput scalability, and stability. The TRON ecosystem has constantly been partnering with top firms like Samsung, Opera, Poloniex, Xioami, and Dlive to provide a dynamic value proposition to the community of TRON and the investors.
Offering a Reddit look-alike service made mainly on the very top of the Steem blockchain. Being one of the largest and most popular Dapplications on all the blockchains, Steemit is a wonderfully thriving company of its own.
All this is because a number of Dapplications developed on the Steem blockchain with over 1.5 million users worldwide and are still growing to a bigger number every day.
D.tube, which is an alternative app to youtube, is developed on blockchain and is very popular. Some of the other such popular apps include an alternative for Instagram called APPICS, and they also have developed a fitness application called Dapp Actifit.
Founded by Ned Scott and Dan Larimer, Steemit, in January of 2016, was guided by Larimer as he led the engineering of Steemit’s earliest technology and later developed EOS, a highly visible blockchain protocol.
TRON foundation and Steemit Inc. Together look forward to creating more value for their users and to augment their advancements in decentralized technologies. They plan to Move the old STEEM token to a new TRON based STEEM token. They also plan an accelerator program for the developers of the community.
This partnership further strengthens TRON’s position as the blockchain industry’s leader in the distributed ledger technology with over 800 Dapplications now in the TRON ecosystem.