Tron CEO Justin Sun Tweets Details of Sun Network for Devs, Community Responds Eagerly and Reminds of Warren Buffett Lunch

Libra Coin News
Fri, 08/16/2019 - 08:34
Yuri Molchan
Justin Sun publishes details of Sun Network for developers, TRX is on the edge of leaving the top coins’ list with a market cap still over $1 bln so far
Cover image via www.instagram.com
Contents

The Tron founder Justin Sun has posted an article with a document overview regarding the recently launched Sun Network and DAppChain that developers can use.

Meanwhile, TRX is residing on position #14 on CoinMarketCap. The market cap volume is still over $1 bln, however, next after TRX comes DASH with a market cap slightly under $900 mln.

Thus, TRX is about to get kicked out of the top crypto asset list.

Image by CoinMarketCap

Sun Network to help Tron mainnet network expand

The article with the document overview briefly describes what Sun Network will do, as well as certain features of the side chain for smart contracts (DAppChain). Among other things, the latter was created for letting users run dApps and smart contracts cheaply on the Tron network, as well as ensuring an unlimited scaling solution for the whole ecosystem.

DappChain is designed to be a highly customizable side-chain for all developers, allowing users to quickly switch between the mainnet and the side-chain.

Thanks to multiple side-chain connections, Sun Network will also enable the mainnet to first reach up to 2,000 TPS and then, in theory, an infinite number of TPS, the article claims.

Besides, the Tron team will provide a Tron-compatible toolset necessary for developers to create their dApps on DappChain.

Related
Coinbase Will Control 5 Percent of Bitcoin’s Circulating Supply After Acquiring Xapo

Tron community: from hatred to love. The Warren Buffett lunch reminder

The reaction of the Tron community was predictable – many are tired of Justin Sun’s constant hype and attention-grabbing Twitter posts, so they openly call TRX a ‘shitcoin’ and the Tron Foundation with its CEO – a scam.

Image by Twitter

However, some still believe Sun and keep encouraging him to carry on with his ambitious plans.

Others are reminding the Tron founder of the promised (and overhyped) lunch with Warren Buffett, which has been postponed for an uncertain time period.

Image by Twitter

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.


This site uses cookies for different purposes. Please set your preferences in Consent Settings and visit our Cookie Policy for more information on how and why cookies are used on this site.

Cookie policy