A few days ago, Justin Sun tweeted about a big incoming announcement. After days of guessing what it could be, the secret has finally been revealed: Tron XNUMX will be officially launched on July XNUMXth. In addition to many innovations, one of the special features is the implementation of a smart contract privacy protocol.
Tron 4.0: Implementation of the most efficient privacy protocol on the market
As a result of Tron Mainnet's two-year birthday a few days ago, founder and CEO Justin Sun announced a new project. According to Justin Sun, the launch is said to "represent a crucial moment for the history and development of #TRON ". After the Tron Mainnet was launched on June XNUMX, XNUMX, the fourth version of Tron will start on July XNUMX.
- Implementation of a smart contract privacy protocol, supported by a virtual machine. It is said to be the most energy-efficient privacy protocol on the market.
- Upgrade of the TPOS consensus mechanism, which combines the advantages of DPos (Delegated Proof of Stake) and PBFT (Practical Byzantine Fault Tolerance). This is said to significantly reduce the block confirmation time, from 57 to 3 seconds, and increase security.
- Introduction of a TCIP cross-chain protocol. When Tron 4.0 is released, there will be three public blockchains that developers around the world can connect to.
- Introduction of a blockchain solution for financial institutions and companies. It enables them to quickly implement an application block chain tailored to their needs.
Tron 4.0 for institutions and large companies
With the launch of Tron 4.0, the team wants to set new standards. In the press release it says:
The official launch of TRON 4.0 signifies the stunning transformation of TRON from being a blockchain-centered project to an industry trendsetter. It illustrates the evolution of TRON, from achieving smaller victories, to being a sector leader and innovator. The launch of TRON 4.0 foretells the future goals of TRON public chains by being both individual and business friendly.
Tron 4.0 should be the way to become interesting for institutions and large companies. As the first point of contact for dApps, the Tron Blockchain has already proven itself in the past, as Justin Sun recently announced. Because more than 750 dApps are currently based on his project's blockchain:
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