Tron (TRX) After the MainNet launch, All You Need to Know

Tron (TRX) has been one of the very promising cryptocurrencies since the beginning of its struggle in this mighty crypto market. Tron has been in the eye of many investors and traders for quite a long time. This token is at the 10th position with the market capitalization of $2,794,294,745 as per coinmarketcap.com.

Tron (TRX) has been very much transparent with its investors and the market even before its launch. Tron team is very active and about the development of the token and the fact that all its upcoming updates have already been published in its white paper before its launch. This transparency has gained the trust of the investors across the globe as they are always aware of what is happening with the token.

Development and Status

If we talk about the development of the coin, the coin is in its Odyssey2 phase after the imperial Mainnet launch. Tron team is continuously working in its technical development and various changes have been implemented recently. The interface of the token has been changed and RPC (Remote Procedure Call) has been removed to increase. Multiple payment methods have been introduced and it is now more user-friendly. Tron (TRX) wallet has also undergone few changes during the week and is still under debugging process. Soon they will be testing the optimization of browser wallet.

In our last article, we shared that as per the Tron whitepaper, Tron (TRX) is going to own BitTorrent soon which now has been confirmed. When it comes to entertainment Tron never fails to impact the globe. On June, 11 BitTorrent is officially acquired by Tron, however, no other financial details have been provided. Neither Tron team nor the BitTorrent has commented on the same.

This Mainnet launch has increased expectations from the coin and now it’s the turn of TRON super representative election. Many big companies and organizations have enlisted themselves to be the part of this election. Justin says, “you do not have to be a big organization to be the super representative you just have to submit your server location, official website, team members, and social media accounts”. Surely this election is going to be exciting.

Though we are seeing a huge dip in the price, however, the correction phase will be over soon. Once the price will come to a stable platform, investors’ confidence will be restored. This token has been performing great and justifying its whitepaper and so saying that future of the coin is secure wouldn’t be wrong.

Holding Tron (TRX)? Here is What You Need to Know - MainNet Launch

The market seems to be disappointing since a week, however, Justin sun, the founder of Tron has given positive signals to Tron holders. Numerous events have been lined up in coming days with the mainnet launch. The coin is strongly holding its place in the market and still in 9^th position as per coinmarketcap.com. Tron has the vision to make the web space totally decentralized. The mainnet launch is surely a good news for Tron Holders as Tron will now have its own Blockchain platform instead of Ethereum’s.

Most of the time after a big event or launch, price takes a dip. That is because the pre-event pump is often more than the expected post-event pump. During the last major event of Tron, there was a huge price dump However, this is very unlikely in this case as multiple events are lined up to balance the dip if happens. So with every second passing, there are speculations to what could happen with the price, a dip or boom most likely positive expected.

Post MainNet Launch

Before the MainNet launch, Tron team has worked on testing of Tron wallet, MainNet and stability operations. The Developers have performed various test to test new tokens on the Tron Wallet and their bug fixing. Developers have improved exception handling and log information. Various modules have been prepared to increase the transaction speed and pressure testing. At this MainNet launch, Tron is to migrate from its existing ERC-20 standards to its own blockchain.

After the MainNet launch Tron also has its virtual machine launch nearby and after that, they have planned token swap event. This swap event will require help from various crypto exchanges and will force users to move their money to the exchange from the wallet they are using. If your token is held in Crypto Exchanges as Bitfinex or Binance you don’t need to take any step, however, if it’s in some other exchange or wallet, which is not listed in the supporting official list you need to transfer the token before it gets too late. Well, there is time for this upgrade so exchanges and holders have plenty of time to switch.

We also have heard that Justin sun is moving towards torrent and there might be a good news in that area too as this fact is mentioned in the Whitepaper. This definitely states that Sun has a great business mind and investing in his business can make you great money as well.