Tron 4.0 Launched Successfully With Much FanfaresteemCreated with Sketch.

in hive-126009 •  last month  (edited)

Congratulations to all TRX holders!
Tron 4.0 is here.

image.png

In the true Tron fashion, Tron 4.0 received a grand launch. Many prominent figures of the crypto industry participated online in today's Tron Conference - Great Voyage: TRON 4.0 Global Release Online Conference.

Tron also announced the launch of its new single-lettered top tier domain name viz. t.network

#TRON Officially Adopts Top-tier Single-letter Domain Name https://t.co/0RiHEiDauo. Currently users can view exactly the same content at https://t.co/0RiHEiDauo as at TRON’s original domain https://t.co/CDyZKvOK2N.#TRONGrandVoyage #TRONConference #TRXhttps://t.co/9YaDZI0pBP pic.twitter.com/fcmR6U7tCt

— Justin Sun (@justinsuntron) July 7, 2020

In the run up to this launch, Tron also became the 4th blockchain to get its own emoji on Twitter. The other 3 being Bitcoin, Crypto.com's CRO and Binance.

So what is Tron 4.0 bringing with it?

The single biggest feature of Tron 4.0 is advanced privacy. It has implemented zk-SNARKs on its smart contracts.

Tronz Foundation claims:

This will mark the first time in history where zk-SNARKs will be implemented on a blockchain-powered by smart-contracts.

As we know that zk-SNARKs are what privacy centric blockchain ZCash is based on. However, Tron 4.0 won't make TRX transactions anonymous. But develpers can adopt the shielded transaction feature on Tron 4.0 smart contacts.

Tron 4.0 also makes Multi Party Computartion (MPC) solutions posible on blockchain, for private computing needs.

However, in January Coin Telegraph had reported that both MPC as well as zk-SNARKs implementation appears to be almost entirely copied over from Zcash.

Other features of Tron 4.0 include faster block confirmation times; cross-chain confirmation, and enterprise-grade customized solutions for businesses.

Whatever the controversies regarding code may be, these integration should make the Tron chain more robust , scalable and stable.

So does that mean TRX will moon?


I don't know! I was expecting the run up to Tron 4.0 launch will get TRX to over 500 satoshi but it couldn't even reach 200 sat. And today prices has started to decline but that's not a surpirse as prices declining after the event is a norm in the industry.

However, it may take some time for developers to make some dapps that can take advantage of these privacy features. How they integrate and what use they put it to wil make all the difference. If it helps in making some very useful dapp, price should do better.

What's your take on it?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Nothing exciting from my point of view, just copy others won't help you to have credibility.

But it did make it a top 16 blockchain 🤔

This metric does not mean anything, it is just a number.

Yes, I can uderstand what you feel. But personally, I'm waiting for long to get rid of my TRX holdings as soon as I get some better prices. So silver linings such as these makes me hopeful :)

any idea where to buy ADA, VET, or DOGE ? i think ADA will be on Coinbase soon. The others I don't see on Uniswap. ty

more awesome stuff... any idea where to buy ADA, VET, or DOGE ? i think ADA will be on Coinbase soon. The others I don't see on Uniswap. ty

Dunno what you mean! These coins are listed on many Exchanges. I buy these on Binance or Huobi (never bought DOGE though 😉). You can always check for all the Exchanges a coin is listed at CMC ,CoinGecko etc. places.
Yes, ADA staking will be enabled on Coinbase soon. Buy before that!

ty

In case, you don't have an account with these Exchanges, here are my referral links for Binance and Huobi. These are centralized Exchanges like Coinbase.

Personally, I'd prefer to stake my ADA on non-custodian ATOMIC Wallet than a custodian wallet like Coinbase. (I can give you a referral code for Atomic Wallet too 🤑, but I think you already have one).

Both ADA & VET has seen huge gains today. Plan your entry accordingly!

yes, they are doing a pullback currently. my said not to go with binance. send me your atomic wallet referral. can you give me 25 words about why atomic wallet is good?

my crypto universe currently involves purchasing via coinbase, some metamask and uniswap, and storage in blockfi, crypto.com, and CEL network

Well, I appreciate your choice for not having a Binance a/c. Generally, investors don't need to have an a/c or maintain any balance with centralized exchanges. They are good for traders. However, you can consider Binance DEX, if you so wish.

Otherwise, you can always swap or buy most of the coins from your Atomic Wallet too. Unlike custodian wallets like BlockFi & Celsius, Atomic Wallet is an open sourced, non-custodian wallet where you hold the private keys for every coin in your wallet. It also offers staking feature for stakable coins.

I love its interface with big fonts that make everything very clear and easy to see for me (my eyesight is weak and need a magnifying lens to read small prints in other apps.

Happy to share my referral link for Atomic Wallet You should get 15 AWC coins (currently worth over $15) for signing up using this link. Staking reward for AWC is upto 23% p.a.

TL;DR:
Install the app, click on Airdrop in Settings, enter my promo code and claim 15 AWC!

MyPromo Code: 18FAWK

Thanks I'll take a look at it and share it with my son. I'm kind of lazy so kind of like not having to manage my own private keys,,, but maybe I need to up my game, unsure.