Tron (TRX) Unveils Major Update: Project Atlas, DApps, Gaming, Wallet and 97 Billion Token Burn
Tron just wrapped up an in-depth live stream update on the platform’s progress.
Founder and CEO Justin Sun began by comparing Tron’s network activity to other blockchains, noting the Tron network now boasts more unique addresses than EOS. In addition, Sun says Tron gained more unique addresses in the first 95 days after its mainnet launch than Ethereum did during its initial launch back in July of 2015.
Sun also announced that Tron has now burned 98% of all its ERC20 Ethereum-based TRX tokens, which are no longer needed now that Tron has migrated off the Ethereum blockchain. The process has essentially locked up about 97 billion tokens that are no longer needed, throwing away the key.
The Tron team also highlighted a number of DApps, including the updated Tron Wallet for iOS and Android and two new gaming DApps built on the Tron network.
As for Project Atlas – the code name for Tron’s integration with the legacy file sharing platform BitTorrent – Tron revealed a number of announced on how the two platforms will merge.
• Integration of a new Tron-based TRX20 token is designed to incentivize users to share files and increase overall download speed
• Users will have the option to take part in the tokenization, or can continue to use BitTorrent without any modifications if they like
• Mobile, desktop, and third party torrent clients will all have the option to enable the new tokenization features
• BitTorrent will remain free and continue to allow users to upload any and all types of files