TRON Mainnet Archives 3 Million Block Height In Just 109 Days After Launch
TRON has given the crypto community all the reason to believe that it is one of the best assets in the business. The MainNet launch of TRX marked the independence of the altcoin has greatly been a turnaround for the cryptocurrency in the space as the altcoin continues to get praises and at the same time churning out countless of developments.
Through their official Twitter handle, TRON foundation announced its MainNet block height has reached 3,000,000 in just over 100 days.
— TRON Foundation (@Tronfoundation) October 11, 2018
Significance Of Block Height
Blockchain contains a series of blocks that are interconnected together, and the blocks are used for storing transactional information of the network, therefore, it is an essential part of a blockchain project. When blockchain projects are created, the first block created with it is known as the genesis block, and at this stage, its block height is zero. The block height of a project depicts how steadily new blocks are being generated on the blockchain project with time.
The height of a blockchain’s block is described as the number of blocks in the chain between the genesis block and the last block. While the average size of a block seems to be 1 MB, the number of the block on a blockchain project i.e block height and the size of the block has a great effect the number of transactions that can be performed on the blockchain per seconds.
Tron’s Recent Success
Tron successfully launched its MainNet on May 31 and the process of migrating from the Ethereum network to its own blockchain began on June 21, 2018. The change finished on June 25th, 2018 — a date that Justin Sun, the founder of Tron, had named as “Independence Day”. As the MainNet went live and the Genesis block propagated across the network, the crypto investor community started predicting Tron to be an “Ethereum killer”
While Tron has not disappointed the investors, what is astonishing about the project is that it has scaled new heights really quickly. The project currently sits on one of the largest communities in the crypto world and boasts to have over 100 million users.
Tron, in August, had also acquired the famed torrent Blockchain.org. Its vision with the domain was to build a one-stop aggregated data, search engine platform. Notably, on October 7th, 2018 – Mr. Sun declared the upcoming Odyssey 3.1 upgrade at that point which he believes will make TRON 100 times cheaper than EOS and 200 times faster than Ethereum.
Based on community consensus, #TRON will be upgrading to Odyssey 3.1 at 8pm SGT. The TRON Committee function & TVM will go live, marking the start of the Smart Contract Era. TRON will be 200x faster vs. ETH, 100x cheaper vs. EOS. dApp developers & users, this one is for you! $TRX
— Justin Sun (@justinsuntron) October 8, 2018
With Tron making progress in every department of its roadmap, there is no doubt that TRX would definitely be one of the top altcoin soon.