Tron (TRX) Block Height Surpasses 10 Million, Larger than Bitcoin (BTC) and Ethereum (ETH) Combined
- Tron to unlock unlimited scaling capacity for its mainnet
- Tron founder Justin Sun paying $4.6 million for lunch with Warren Buffett
Per the recent TRONSCAN update, Tron has surpassed the block height of 10 million earlier this week. Tron blockchain produced 10,010,680 blocks on June 11th and processed 461 million transactions.
“TRON ecosystem has developed rapidly and continues to make efforts to build the decentralized internet,” shared TRONSCAN.
Popular Tron proponent, Misha Lederman to took to Twitter to share this achievement and praised Tron on its achievement stating that the most impressive part is that these figures are achieved without a “problem, snag or disruption to the network. Stable. Secure. Instant.”
Currently, Tron height is reached 10,047,134 blocks while latest Ethereum block mined is 7,943,248 and 580,368 is the latest Bitcoin block mined, at the time of writing.
#Tron's block height has surpassed 10 MILLION.
Why does this matter?
— TRX Colony (@TronColony) June 11, 2019
Unlock Unlimited Scaling Capacity for Tron’s MainNet
Earlier this month, Tron officially launched the testnet of its side chain solution, the Sun Network. A scaling solution, the Sun network is built to further develop the Tron ecosystem that incorporates a series of scaling projects like cross-chain communications and DappChain.
DAPPChain is a side chain scaling project designed for Tron’s contracts to enable Dapps to run with high security, high efficiency while consuming low energy. According to the official announcement, the solution will unlock unlimited scaling capacity for Tron’s mainnet and further support the growing number of transitions on Tron.
“The energy-saving, highly secure and efficient Sun Network will contribute to a more active ecosystem of TRON,” says Tron founder Justin Sun.
Tron Foundation further shared the technology plan beyond June 2019 that involves Dapp chain to be accessible through multiple Oracle support, further efforts in decentralization, more active ecosystem, easier integration, and convenient deployment.
Paying $4.6 Million for Lunch with Warren Buffett
In the meantime, Justin Sun is preparing for his lunch with Warren Buffett who has called cryptocurrency a “gambling device” declaring “That’s not investing.”
Now, with this lunch that will take place at Smith & Wollensky in New York City, Sun is going to try to change Buffett’s mind, and can also bring seven friends to join him.
“We want this lunch to be a bridge between the cryptocurrency community and the traditional investor,” Sun told Yahoo Finance. However, he knows it’s not going to be a walk in the park as Sun admits that it might be “unrealistic” to convince the billionaire in just three hours to buy cryptocurrencies.
“But we want to show him the recent progress of cryptocurrency and blockchain technology. It’s not only about Tron itself, it’s about crypto and blockchain, the whole industry,” said Sun.
Another facet of this event is the San Francisco based Glide Foundation regarding which Tron Foundation states,
“Not aiming to do charity as a high-profile promotion, we see it as a sort of responsibility & love. We do aspire to give back to society.”