Tron’s founder Justin Sun took to his Twitter handle earlier today to announce the forthcoming release of Sun Network’s version 1.0.
As per Justin’s tweet, the release is scheduled to take place on the 10th of August and this is one of Tron’s x100 scalable solutions. In this new development, DApp developers will be able to use the Tron platform to create a DApp chain and Sun Network’s 1.0 code to create their own sidechains.
Sun Network part of an expansion plan for Tron Network Ecosystem
According to Tron.Network, Sun network is a part of the plan to expand the Tron network ecosystem. It includes a range of features like cross-chain communications, smart contracts enabled side chains and DAppChain applications. DAppChain is a customizable side chain that enables DApps to function efficiently with low energy consumption. Sun Network will also provide unlimited capacity to TRON main network for supporting the growing number of transactions.
This news comes after Tron Foundation’s native cryptocurrency, TRX, recently featured in China’s list of top 10 cryptocurrencies, towering above Litecoin (LTC) and Ripple’s XRP. “King crypto” Bitcoin (BTC) couldn’t secure a spot among the top 10 as per Chinese CCID Research Institute report published by Forex Crunch about a week ago.
Meanwhile, 24 New DApps added to Tron
In a recent tweet made on the Tron Foundation’s official Twitter page, there were 24 new DApps newly added to the Tron blockchain. Presently, there are over 540 DApps on its blockchain and this figure is expected to grow in the coming months.
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
Staff writer at Coingape. Certified cryptocurrency expert and Blockchain journalist covering crypto market analysis and general Blockchain adoption and development.
You can follow me on Twitter at @ShonubiDare or reach out to me at dare[at]coingape.com