Home CryptoCurrency News TRON CEO Justin Sun Announces the Platform’s Upcoming Layer 2 Solution

TRON [TRX] CEO Justin Sun Announces the Platform’s Upcoming Layer 2 Solution

The TRON foundation prides itself of a dedicated CEO, who’s always looking for ways to grow the platform’s ecosystem. Just recently last month, Justin Sun talked about a progress report on the TRON platform. According to his presentation, the TRON platform has made quite tremendous progress since its evolution.

Some of the progress he mentioned include the over 6,000 smart contracts and the over 200 decentralized applications (DApps) built on the platform. TRON leads in the field of DApps and scalability.

The Sun Network

Justin Sun also mentioned what’s coming on to the platform in the remaining 2019. The release of TRON’s layer 2 solution, termed as the “Sun Network’’, is among the improvements expected to take place this year. The Sun Network offers “a continuously improved side-chain that provides unlimited top capacity expansion for the main-chain”

According to Sun’s twitter announcement;

“#TRON will release the detail of #Sun Network soon! #SUNNetwork is our layer 2 solution to achieve 100X scalability. #TRON’s dapp usage is poised to scale from the current millions to hundreds of millions after launch. GO #TRX and #BTT! #BitTorrent #BTT #TRX”

The BitTorrent Integration

With the upcoming Sun Network, TRON hopes to outshine its two major rivals, Ethereum and EOS. According to a news source, Justin Sun mentioned that the TRON platform is doing its level best to attract more users, “a part of which was the new hybrid method introduced by TRON to integrate it with BitTorrent.’’

The BitTorrent Integration

The launch of BitTorrent (BTT) token in BitTorrent speed is some of the achievements expected to take place on the TRON platform within the Q2 and Q3 of this year. According to Justin Sun’s statement the platform is also looking to launch a live social media app and integrate the BTT token on it.

‘’We are currently working on a new live/social media app and looking for ways to integrate BTT on it! By doing that we aim to empower a new generation of content creators to distribute their content without a middleman and offer a very authentic channel for the fans to connect with their idols and the content creators with their audience.”

The decentralized social media app is part of BitTorrent’s video streaming service, BitTorrent Live App.

Alexis Von Loh
Alexis Von Loh
Alexis is the Chief Editor of Crypto Economy, is responsible for reviewing articles, training new editors and implementing new strategies to the editorial team. She arrived in the world of cryptocurrencies in January 2017 and since then has not stopped training and studying about the sector, blockchain and the new projects that appear.
- Advertisment -
#NamePriceChanges 24H