The millennial cryptocurrency CEO, Justin Sun is once again at the perturbing of the blockchain space with series of developmental upgrade for its projects. The CEO of Tron blockchain technology and BitTorrent declared that Tron is set for a new developmental upgrade that would bring more limelight to the DApp network of the technology.
Tagged Sun Network, the CEO detailed that the new inclusion is poised at heightening the usage of DApp on Tron network from millions to hundreds of millions. The SUN Network is regarded as a layer 2 solution for Tron blockchain technology targeted at accomplishing 100X scalability.
Justin Sun, in his statement believes the upgrade would be a major boost for Tron and BitTorrent in the blockchain space.
“#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.
The update placed lovers of the cryptocurrency in euphoria as they disclosed curiosity for the launch date.
A twitteratti said “Let’s take #BTT $BTT to the moon like you did to #TRX from 17 Satoshi to 2000 Satoshi.”
Another Twitterati claimed that the series of announcements being churned out at the moment is an attestation that the bulls are back.
Bittorrent (BTT) Internet Traffic Growing By 40% Per Day
The peer to peer file sharing technology with 100 million monthly users, BitTorrent, has been estimated to have a growing internet traffic of 40% per day.
According to Forbes, BitTorrent already has over 170 million monthly users, and its downloading and streaming speed keeps increasing despite the huge traffic.
Forbes reported that Justin Sun believes incentivizing BitTorrent is one major way to promote the technology to the world.
“First of all, we are introducing the token incentive into the ecosystem so that people can leave their computer open and continuously upload to the network,” Sun said.
To further enhance the technology, Sun echoed that in Q3 2019, a number of artists would be asked to share their files (music) on the platform.
