Tron Version 3.5 Hard Fork Update for the TRX dApps Platform is Set to Go Live This Week

Justin Sun Of Tron recently took to Twitter to announce that his Tron (TRX) is planning to do a hardfork on February 28th.

The hardfork will enable the network to have a range of new features, some of which are:

  1. Multi-sig and Account management, institution ready.
  2. Dynamic energy adjustment to real-time network performance.
  3. 50% up performance & res usage.
  4. Better VM safety, events server for Dapps.

    As seen on TronScan, the network currently processes over 1.5 million daily transactions with more than 1.85 million accounts on the network.

    The company seems to react to the news when it surfaced last week before a downturn in the price of Bitcoin (BTC) saw the altcoin also fall 9 percent in Monday trading. The company has proceeded a vigorous expansion program, which saw it acquire BitTorrent, the operator of popular torrent client uTorrent. Their mainnet was launched in the Summer of 2018.

    Currently, crypto markets have just suffered from a $17 billion dump that occurred yesterday. No crypto asset has escaped the purge but some have fared better than others. Tron along with their rival EOS suffered a double-digit plunge. Over the past week, TRX has remained stable despite the huge market wide pump and dump. In 2019 it has been one of the top performing altcoins with a gain of 30% since the beginning of the year.

    With the news of the hardfork, there is a lot of talk about the network in the crypto community. Although the effect that it will have on the prices is still only speculated. People had anticipated the mainnet launch last year would boost Tron’s prices, but it didn’t. This situation looks the same.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide