Tron 4.0 Is All Set For Official Released Now

  • According to the official news, the much-awaited TRON (TRX) 4.0 has officially been launched.
  • Before the launch, in May Justin Sun, the CEO of TRON had released an open letter to the community stating the release of the TRON 4.0 update.
  • Today, the official release of the TRON update marks the beginning of the Great Voyage 4.0. 

According to the official news, the much-awaited TRON (TRX) 4.0 has officially launched. Before the launch, in May Justin Sun, the CEO of TRON had released an open letter to the community stating the release of the TRON 4.0 update and announced the tentative dates of the release on July 7, 2020. Today, the official release of the TRON update marks the beginning of the Great Voyage 4.0. 

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In a tweet by Justin Sun, he had announced and shared all the details of the upcoming Tron 4.0 Global Release Online Conference. Yesterday, the TRX price was up by almost five percent before today’s launch, and in the last four days, it has made a profit above 8%. The 24 hour high is $0.018190, and right now, the market value of TRX is $0.017406, which is down by 3.14% for the last 24 hours, with market capital and TRX supply standing at $1.16 billion and 66.75B respectively. 

TRON’s Transformation Into A Full-Fledged Mainnet: What is New?

TRON update aims at the transformation of the simple Blockchain mainnet into a full-fledged platform, which will be the first to implement the smart contract confidentiality protocols. It will ensure greater data security and would contribute to the company’s efficiency and growth.

This is the primary user privacy protocol that is new in the TRON 4.0 upgrade. 

Apart from zk-SNARKs privacy protocol, the upgrade aimed at reducing the block confirmation time from 57 seconds to 3 seconds. Further, it would now allow TICP cross-chain operations as well as use a new consensus mechanism, known as the TPOS, which is a combination of DPoS and PBFT.

TRON Becomes the 4th Blockchain To Launch A Custom Twitter Emoji Hashtag

Previously, there were two main upgrades in the TRON mainnet: the Odyssey 2.0 and the Odyssey 3.6. The Odyssey 2.0 update had made TRON a fully independent platform because previously, it used to operate on Ethereum’s platform as an ERC-20 token. The next upgrade, Odyssey 3.6, was more focused on DApp development and also included some security and stability-enhancing features. 

Before the launch, Justin Sun had introduced TRON’s very own Twitter custom emoji hashtag, and by doing so, it became the fourth Blockchain to do so. Apart from the hashtags #TRON and #TRX, #TRONGreatVoyage and #TRONConference were some other popular hashtags which referred to the July 7’s conference of TRON 4.0 launch. 

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Steve Anderrsonhttp://www.thecoinrepublic.com
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.

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