{"id":54220,"date":"2018-05-20T23:01:58","date_gmt":"2018-05-21T06:01:58","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=54220"},"modified":"2019-11-07T02:31:28","modified_gmt":"2019-11-07T02:31:28","slug":"trx-surges-19-ahead-of-tron-mainnet-launch","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/trx-surges-19-ahead-of-tron-mainnet-launch\/","title":{"rendered":"TRX Surges 19% Ahead of TRON Mainnet Launch"},"content":{"rendered":"<p>Decentralized digital content entertainment platform and Ethereum competitor TRON\u2019s TRX token has surged by over 19% in the last 24 hours as positive market sentiment gathers momentum ahead of the impending TRON mainnet launch.<\/p>\n<p>Rising from a low of $0.068 in the early hours of the 20th, TRX ascended to $0.077 by the end of the day on a wave of hype surrounding the launch of a new TRON website, speculation surrounding <a href=\"http:\/\/cryptoslate.com\/coins\/tron\">TRON<\/a> founder Justin Sun\u2019s announcement of a TRON virtual machine, and the upcoming TRON mainnet launch, which is set to occur on the 31st of May.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Backed by a young, professional, adaptable team, <a href=\"https:\/\/twitter.com\/search?q=%24TRX&src=ctag&ref_src=twsrc%5Etfw\">$TRX<\/a> is officially in <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&ref_src=twsrc%5Etfw\">#crypto<\/a> top 10, aiming for top 6. Stay tuned for 5\/25 TronVM 2.0, 5\/31 Mainnet, 6\/26 SR Election, and more. 2018 is just the beginning. Watch us take the world by storm. <a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&ref_src=twsrc%5Etfw\">#TRON<\/a> <a href=\"https:\/\/t.co\/1X0PNGKnEH\">https:\/\/t.co\/1X0PNGKnEH<\/a> <a href=\"https:\/\/t.co\/D1wqeMlmqy\">pic.twitter.com\/D1wqeMlmqy<\/a><\/p>\n<p>&mdash; Justin Sun (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/994216649833115648?ref_src=twsrc%5Etfw\">May 9, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Justin Sun Announces TRON Virtual Machine<\/h2>\n<p>Sun announced the launch of the TRON virtual machine on the 9th of May, following up a\u00a0<a href=\"https:\/\/medium.com\/@Tronfoundation\/letter-to-tron-community-on-progress-of-tron-mainnet-and-ecosystem-966e0b7d5dc1\">Medium post<\/a> outlining the current state of TRON mainnet and ecosystem development. The VM will allow for complete compatibility with the Ethereum VM, making dApps built upon the Ethereum blockchain interoperable with the TRON mainnet:<\/p>\n<blockquote><p>\u201cMay is an exciting month for TRON. TronVM v.0.1 will be launched on May 25. This version of TronVM uses a VM Adapter that will enable complete compatibility with the Ethereum VM. All Ethereum developers will be able to use an adapter to migrate seamlessly from Ethereum dApp projects to TRON. \u201c<\/p><\/blockquote>\n<p>The VM places TRON a position to compete\u00a0directly with Ethereum. The Java-based architecture of the TRON project, according to the development team, provides the blockchain industry with the opportunity to decouple from the \u201ccongested\u201d Ethereum network:<\/p>\n<blockquote><p>\u201cThe industry will be able to break away from Ethereum and its low-efficiency, congestion-prone network, high fees, and steep learning curve. We will open the doors to a new cryptocurrency stage focused on scaling and commercialization, providing next-generation infrastructure and express lanes needed for global dApp development.\u201d<\/p><\/blockquote>\n<h2>TRON Odyssey 2.0 Mainnet Ready to Launch, New Website Goes Live<\/h2>\n<p>The <a href=\"https:\/\/cryptoslate.com\/tron-prepares-for-mainnet-launch-and-competition-with-ethereum\/\">launch<\/a> of the TRON mainnet will see TRX shift from an ERC20 token onto the TRON blockchain, promising a range of features that include a transaction rate \u201chundreds of times\u201d faster than Ethereum.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">On May 31st (GMT+8) we launch <a href=\"https:\/\/twitter.com\/hashtag\/TRONmainnet?src=hash&ref_src=twsrc%5Etfw\">#TRONmainnet<\/a> and begin our move from the <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&ref_src=twsrc%5Etfw\">#Ethereum<\/a> platform, with already more than 1 million <a href=\"https:\/\/twitter.com\/search?q=%24TRX&src=ctag&ref_src=twsrc%5Etfw\">$TRX<\/a> hodlers ready for fair elections. Be sure to tune in for the livestream event. <a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&ref_src=twsrc%5Etfw\">#TRON<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24TRX&src=ctag&ref_src=twsrc%5Etfw\">$TRX<\/a> <a href=\"https:\/\/t.co\/yygAl2yCC6\">pic.twitter.com\/yygAl2yCC6<\/a><\/p>\n<p>&mdash; Tron Foundation (@Tronfoundation) <a href=\"https:\/\/twitter.com\/Tronfoundation\/status\/998237057314013185?ref_src=twsrc%5Etfw\">May 20, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h3>The TRON mainnet will go through a testing period subsequent to launch, with the genesis block scheduled for June 25th.<\/h3>\n<p>In the lead up to the launch, however, the TRON team have invested a significant amount of effort in streamlining the presentation of the project \u2014 TRON launched a <a href=\"https:\/\/medium.com\/@Tronfoundation\/re-designed-website-of-tron-launched-2901305766e7\">redesigned website<\/a> on the May 15th that delivers a range of new features aimed at providing the TRON community with a greater level of insight into the progress of the project.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-54222\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/website.png\" alt=\"\" width=\"720\" height=\"400\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/website.png 720w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/website-300x167.png 300w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><\/p>\n<h2>TRON Goes Head-to-Head with Ethereum<\/h2>\n<p>TRON\u2019s marketing efforts appear to be aimed at placing the project in a position of direct comparison with Ethereum, with the TRON marketing team focusing on the \u201cstagnant\u201d nature of the blockchain industry as a whole:<\/p>\n<blockquote><p>\u201cCompared to most stagnant crypto companies, TRON is agile and embraces change. In 2018, we will bring our young, professional approach, one that embraces change, into the lax and conservative structure of old.\u201d<\/p><\/blockquote>\n<p>In a letter to the TRON community, Sun states that both Bitcoin and Ethereum have \u201cfailed to uphold\u201d the core values of blockchain technology, with miners, founders, and developer teams exerting too much control over their respective networks.<\/p>\n<figure id=\"attachment_54221\" aria-describedby=\"caption-attachment-54221\" style=\"width: 666px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54221\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/TronChartPreMainnet.png\" alt=\"\" width=\"666\" height=\"451\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/TronChartPreMainnet.png 666w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/TronChartPreMainnet-300x203.png 300w\" sizes=\"(max-width: 666px) 100vw, 666px\" \/><figcaption id=\"caption-attachment-54221\" class=\"wp-caption-text\">TRX 24-hour performance<\/figcaption><\/figure>\n<p>With <a href=\"http:\/\/cryptoslate.com\/coins\/tron\">TRON<\/a> currently ranking at 10th highest crypto by market cap at $5.5 billion, more than 50 teams have expressed interest in operating as \u201cSuper Representatives,\u201d which will be elected at the conclusion of TRON\u2019s \u201cExodus phase\u201d on June 26.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Decentralized digital content entertainment platform and Ethereum competitor TRON\u2019s TRX token has surged by over 19% in the last 24 hours as positive market sentiment gathers momentum ahead of the impending TRON mainnet launch. Rising from a low of $0.068 in the early hours of the 20th, TRX ascended to $0.077 by the end of [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":54338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TRX Surges 19% Ahead of TRON Mainnet Launch<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/trx-surges-19-ahead-of-tron-mainnet-launch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TRX Surges 19% Ahead of TRON Mainnet Launch\" \/>\n<meta property=\"og:description\" content=\"Decentralized digital content entertainment platform and Ethereum competitor TRON\u2019s TRX token has surged by over 19% in the last 24 hours as positive market sentiment gathers momentum ahead of the impending TRON mainnet launch. Rising from a low of $0.068 in the early hours of the 20th, TRX ascended to $0.077 by the end of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/trx-surges-19-ahead-of-tron-mainnet-launch\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-21T06:01:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-07T02:31:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/tron-mainnet-social.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sam Town\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"TRX Surges 19% Ahead of TRON Mainnet Launch\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/tron-mainnet-social.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sam Town\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/trx-surges-19-ahead-of-tron-mainnet-launch\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/trx-surges-19-ahead-of-tron-mainnet-launch\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/sam-town\/#person\",\"name\":\"Sam Town\",\"url\":\"https:\/\/cryptoslate.com\/author\/sam-town\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/sam-town\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/sam-town\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/03\/author-sam-town.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/03\/author-sam-town.jpg\",\"caption\":\"Sam Town\"},\"description\":\"Samuel is a freelance journalist, digital nomad, and crypto enthusiast based out of Bangkok, Thailand. 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