Tron (TRX) Update Is Out: Project Atlas, Wallet, TRX Burn, And More
As promised, Tron delivered an update on the platform’s developments and progress.
Justin Sun wrapped it all up in a nicely done in-depth live stream.
He began by comparing Tron’s network activity to other blockchains and noted that the Tron network now has more unique addresses than EOS.
More than this, Sun also said that Tron was able to gain more unique addresses in the first 95 days after its Main Net launch than Ethereum did during its initial launch from July 2015.
Tron burned 98% of its Ethereum-based TRX
Justin Sun also revealed that Tron burned 98% of all its ERC20 Ethereum-based TRX tokens which are not needed anymore, after the migration off the Ethereum blockchain.
The process locked up about 97 billion tokens that were not useful anymore.
The Tron team also addressed DApps, including the updated Tron Wallet for iOS and Android and two new gaming DApps that have been built on the Tron network.
Project Atlas update
Project Atlas is the new code name for Tron’s integration with the sharing platform BitTorrent. Tron also addressed how these two platforms will merge.
Here are the most important aspects regarding Project Atlas:
- The integration of a new Tron-based TRX20 token is designed to allow users to share files and enhance the overall download speed.
- Users can take part in the tokenization, or they can continue to use BitTorrent without any modifications.
- Mobile, desktop and third-party torrent clients will have the option to enable the news tokenization features.
- BitTorrent will remain free and continue to allow users to upload all types of files.
Tron is the best partner of the gaming industry
Regarding the gaming industry, Tron might just be the MVP for it.
Tron’s blockchain is the most excellent match for high tech online games for the global audience.
The best proof is that some game developers already use the impressive features flaunted by the Tron network. CropBytes blockchain based game is the best example.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.