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Tron (TRX) Launches SunNetwork, Nears 100X Scalability & Hundreds of Millions dApp Usage

  • Sun Network is a scaling solution built to further develop the TRON ecosystem
  • DAppChain is a side chain scaling project designed for TRON’s smart contracts
  • The solution allows for low energy consumption, high security and high efficiency 

It seems that hard work of the team that stands behind the TRON blockchain is finally paying off.

As tweeted by TRON’s CEO Justin Sun:

“#SunNetwork Testnet Has Officially Launched. The overall solution of #SunNetwork((link: http://tron.network/sunnetwork) tron.network/sunnetwork) will provide unlimited scaling capacity for #TRON MainNet, bringing in more possibilities to development of TRON’s #DApps and entire ecosystem. #TRX”

For many months now, TRON has been reportedly working hard to introduce scalability improvements and several other features saying that they want to get the leading edge in the crypto ecosystem by providing scalable DApps and smart contracts solutions while its major competitor Ethereum has been struggling over it over the last year.

As said in the official blog:

“The Sun Network is a scaling solution built to further develop the TRON ecosystem, incorporating a series of scaling projects such as DAppChain and cross-chain communications.”

Minimizing Energy Consumption, Increasing Security and Efficiency

Together with other projects, DAppChain is defined as a side chain scaling project designed for TRON’s smart contracts. Those contracts are aiming to enable DApps to work with minimal energy consumption, high security and high efficiency through customized methods on the chain.

They said:

“The solution will unlock unlimited scaling capacity for TRON’s MainNet, and support the growing numbers of transactions on TRON.”

Bare in mind that during the first six months of this year, the TRON network made great success with the TRX adoption among the existing DApps. The Sun Network will focus on following the cutting-edge developments of the industry while introducing new features and addressing issues related to scalability.

Gambling Sector Important Because its DApps are Having High Trading Volumes

Let’s also not forget the fact that TRON’s App activity and currency adoption is also aiming at the areas of blockchain-based gaming and gambling. This is because gaming and gambling DApps usually have high trading volumes on the platform.

However, not all crypto community greeted the new network with joy. Some of them were feeling pretty sceptic saying that this is just a drill for bad scenario.

“ $TRX and $BTT will get killed off and he’ll make a new sun token. If you don’t want to get destroyed then better dump his junk shitcoins before he ruins you all.”

Others were just blaming Sun of a bad PR (as if he needed one) saying:

“Hey king of PR it doesn’t help boost the trx price, people are getting smarter and ignore bullshit now. Lol”

Be it as it may, we are sure that Justin Sun has exact plans with this one.

He explained:

” The Sun Network will further expand the overall capacity of TRON network, improve the overall TPS and smart contract execution efficiency of TRON.”

Tron (TRX) Nears 100X Scalability & Hundreds of Millions dApp Usage

While the Testnet launch of the SunNetwork, also known as Layer 2 network, makes Tron just a step away from the full (Mainnet) launch of the new addition, SunNetwork has been hyped as a great addition to the blockchain network.

Earlier CEO Justin Sun promised that once SunNetwork is included on Tron (TRX) blockchain, the network will witness increased dApp usage and heightened scalability.

Sun, in statement said dApp usage on Tron network will move from millions to hundreds of millions, and the blockchain technology will accomplish 100X scalability.

“#TRON will release the detail of #Sun Network soon! #SUNNetwork is our layer 2 solution to achieve 100X scalability. #TRON’s dapp usage is poised to scale from the current millions to hundreds of millions after launch. GO #TRX and #BTT!” Sun stated.

As the Testnet goes live, Tron (TRX) is sure of being fortified with the new additions gradually as assured by the millennial CEO. However, the mainnet launch of the Layer 2 network, when live, will make the add-ons come to full realization, and a more effective and functional Tron (TRX) blockchain technology will be achieved.

 

Disclaimer: Our writers invest in cryptocurrencies and it is possible the author of this article has investment in any of the digital currencies discussed. Some times author's presented information may be laced with opinions. Treat articles as mere information and not as financial advice.

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Tea Frank

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