Tron independence day is near – tomorrow the Tron Foundation will burn a billion coins worth $ 50 million. The event will be one of the largest burning cryptocurrency in honor of migration to its blockchain.
After the event, the number of TRX coins will drop to 99 billion. The Tron Foundation owns more than 33 billion tokens that cannot be moved from the wallet until January 1, 2020.
The process of starting the main Tron network consists of four parts. The ninth of the capitalization of cryptocurrency launched testnet in March of this year. Until June, there were preparatory activities.
The successful launch of the main network depends on the correct choice of users who will be engaged in the validation of blocks in the blockchain of the coin. They are called Super Representatives, there are 27 candidates to be selected. After successfully completing this operation, Tron will finally complete the migration to its own block chain with ERC20.
Unlike Ethereum, which uses the Solidity programming language, Throne's mainnet is built on Java. During the launch of the testnet in March, the Creator of Tron Justin Sun said that his creation for several reasons is better than the cryptocurrency Vitalik Buterin.
I remind you that earlier Tron Foundation launched a contest to find bugs in the main network of coins. The winner of the competition has a chance to get up to $ 10 million for the found vulnerabilities in Tron code.
The Tron (TRX) rate has good potential for growth.