Tron has skyrocketed 13% ahead of its mainnet launch, which is gathering a lot of attention from the cryptocurrency community. Tron is now the 9th most important virtual currency in the market and each coin can be bought at $0.081 dollars.
Tron Skyrockets Before Mainnet Launch
As we mentioned in another article, Tron will soon be releasing its mainnet, which promises it will be able to handle 10,000 transactions per second, compared to Ethereum, which can currently handle between 15 to 20 transactions per second.
This is an important feature that would allow developers create decentralized applications on the Tron network. In the past, Ethereum had different problems with its scalability. Developers were complaining about these issues and the team behind the famous platform is trying to find solutions to this problem.
On May the 31st, Tron will be launching its mainnet, which will mark the moment in which it will be separating from the Ethereum’s network. Tron will be using a virtual machine known as TronVM that will enable complete compatibility with the Ethereum virtual machine, something that will allow dApps running on Ethereum to move to Tron’s platform without problems.
In a tweet, Tron Foundation explained:
“TronVM v.0.1 will be launched on May 25. This version will be fully compatible with the Ethereum VM. All Ethereum developers will be able to use an adapter to migrate seamlessly from Ethereum dApp projects to #TRON. We will offer a reward program, stay tuned!”
TronVM v.0.1 will be launched on May 25. This version will be fully compatible with the Ethereum VM. All Ethereum developers will be able to use an adapter to migrate seamlessly from Ethereum dApp projects to #TRON . We will offer a reward program, stay tuned!
— TRON DAO (@trondao) May 12, 2018
On May 31st (GMT+8) we launch #TRONmainnet and begin our move from the #Ethereum platform, with already more than 1 million $TRX hodlers ready for fair elections. Be sure to tune in for the livestream event. #TRON $TRX pic.twitter.com/yygAl2yCC6
— TRON DAO (@trondao) May 20, 2018
The platform will be launched at GMT+8 and the company will be livestreaming the event, so as to keep the community informed at all times, second after second.
It is also important to mark that Tron has increased its market capitalization over 1 billion dollars in just a day, and it could keep growing if it is able to gain more attention. With the reward program that Tron Foundation is promoting, and the possibility to attract developers from Ethereum, Tron can be the surprise of the month and keep scaling positions in the crypto market. Tron can be purchased from Binance Exchange using BTC,ETH,BNB or USDT.
