Tron announces Sun Network May Launch Date, Unveils Key Phases for DApp Chain

3 min read

Blockchain-based decentralized application (DApp) platform Tron has unveiled the expansion plan of its second layer scalability solution, the Sun Network. According to a release published Monday, April 8, the network's test network will be launched at the end of May.

The Sun Network expansion plan includes the development of DApp side chains and cross-chain infrastructure. The second layer protocol is expected to increase the overall capacity of the Tron network and at the same time allow DApp & # 39; s to operate with extremely low power consumption and high security.

During the first phase, which starts on May 30, Tron will focus on launching sidechain smart contracts. The official launch of Sun Network mainnet, which will further improve the characteristics of decentralization and asset protection, was set on 10 August.

Mid September Tron plans to start an optimization process to improve the usability of the network and to facilitate the easy implementation of the side chains.

On April 6, Tron founder and CEO Justin Sun had participated in the Crypto Chick podcast, indicating that the Tron ecosystem will officially collaborate with Ethereum (ETH) later this year without providing further details.

During the same podcast, Sun said the Tron-based version of stablecoin Tether (USDT) will be released on April 9. He revealed that the Tron version of the sturdy stablecoin enables cheaper and faster transactions than the Bitcoin (BTC) based Omni protocol, USDT.

Earlier in April, the Tron Foundation decided to ask developers to remove gambling DApps from the Japanese market to comply with local regulations. Because gambling is generally prohibited by Japanese criminal law, the company urged local developers not to launch such apps on the business platform.

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Written by

Don Bradman

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