Tron’s Roadmap to Success After Discontinuing ERC-20

Tron’s partnering strategies have been making cryptocurrency headlines for a while now. Indodax from Indonesia and CoinEx listing of TRX, it is very evident Tron is making its way to the top 3 and ultimately the first spot in the future (at least that’s what they’re trying to do).

Their main idea is to have TRX among the top three cryptocurrencies for market capitalization. At the moment this might look un-achievable, and it is true that they have a long way to way to go before TRON makes it to the top three.

TRON has put in place their new roadmap and new timeline which seems to make good stead towards this.

First, TRON’s Project Genesis will be a huge point of the growth of TRON’s network with the launch of the MainNet. Developers here will have the opportunity to be a part of a reward program of up to $2 billion. These accelerator loans have already been awarded to DApps that will be explicitly created on the TRON platform.

Following the MainNet launch, there will be a bug bounty reward program that is open to all, with rewards ranging from $10,000-$100,000 depending on the severity.

Secondly, TRON scheduled its token migration for the June 25th token. This milestone will mark the final departure from Ethereum’s ERC-20 token system as the TRON TRC-20 token will become the new standard for the TRON Foundation. It will also ensure that TRON supporters have a seamless migration of the TRX coin, allowing for a safe and convenient way for users to convert their tokens.

After the completion of the MainNet launch, TRON will launch of the TRON Virtual Machine, known as TVM, on July 31st, giving the developers the ability to develop smart contracts on the TRON MainNet. After this, the “Great Voyage” will see the launch of TRON P2P network including features like multi-sig and sharing.

TRON does not plan to stop there. They have plans of partnering with Shift Markets to allow teams to start their cryptocurrency exchanges with ease. According to them, their platform will have a layout that will include easy to understand instructions for first-time users, additionally all deposits and withdrawals are to be handled through pop-ups and the platform users will be encouraged to deposit Bitcoin by using a deposit address or scanning a QR code.

All these implementations by Shift Markets will see the fulfillment of their long-term agenda to move towards a FOREX and cryptocurrency integration as this is where the future lies within this merging.

Collins Valentin

Collins is a blockchain enthusiast, who spends his time between documenting the blockchain revolution in Africa, and writing the latest on the cryptocurrency space. Email: editor.news@blockpublisher.com

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