{"id":63085,"date":"2018-06-25T17:14:12","date_gmt":"2018-06-26T00:14:12","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=63085"},"modified":"2019-11-07T02:31:27","modified_gmt":"2019-11-07T02:31:27","slug":"tron-trx-independence-day-project-officially-breaks-away-from-ethereum","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/tron-trx-independence-day-project-officially-breaks-away-from-ethereum\/","title":{"rendered":"TRON (TRX) Independence Day &#8211; Project Officially Breaks Away from Ethereum"},"content":{"rendered":"<p><a href=\"http:\/\/cryptoslate.com\/coins\/tron\">TRON<\/a>, the tenth largest cryptocurrency by market cap, celebrates a momentous occasion as TRON's &#8220;Independence\u00a0Day&#8221; is in full swing and token migration concluded June 24th, 2018.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&ref_src=twsrc%5Etfw\">#TRON<\/a> Independence Day live stream starts now,  join us to be part of the free, decentralized internet. <a href=\"https:\/\/t.co\/M5uzhyfjYf\">https:\/\/t.co\/M5uzhyfjYf<\/a><\/p>\n<p>&mdash; Justin Sun (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/1011060171810803712?ref_src=twsrc%5Etfw\">June 25, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The ERC20 TRX token swap began just four days ago and the new TRX tokens fully supported on the TRON mainnet were released to investors Monday. A total of <a href=\"https:\/\/cryptoslate.com\/tron-trx-erc20-token-swap-more-exchanges-join-in\/\">36 cryptocurrency exchanges<\/a> participated, aiding TRON in gaining its independence from the Ethereum network.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Goodbye <a href=\"https:\/\/twitter.com\/hashtag\/ethereum?src=hash&ref_src=twsrc%5Etfw\">#ethereum<\/a>! Happy <a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&ref_src=twsrc%5Etfw\">#TRON<\/a> Independence Day! <a href=\"https:\/\/twitter.com\/hashtag\/TRX?src=hash&ref_src=twsrc%5Etfw\">#TRX<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24TRX&src=ctag&ref_src=twsrc%5Etfw\">$TRX<\/a><\/p>\n<p>&mdash; Justin Sun (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/1011234373889241088?ref_src=twsrc%5Etfw\">June 25, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Like <a href=\"http:\/\/cryptoslate.com\/coins\/eos\">EOS<\/a>, the TRX token was an ERC20 token held and supported on the Ethereum blockchain. The TRON developers tested the mainnet for three weeks before initiating the token swap.<\/p>\n<h2>Odyssey 2.0<\/h2>\n<p>TRON's highly awaited mainnet, <a href=\"https:\/\/cryptoslate.com\/tron-transitions-to-native-blockchain-with-odyssey-2-0-release\/\" target=\"_blank\" rel=\"noopener noreferrer\">Odyssey 2.0<\/a>, was released on May 31st, 2018, &#8211; without a glitch.\u00a0 In less than a year, the TRON Foundation managed to raise $3 billion dollars, grow its team to over 200 individuals, and released the first step to its &#8220;decentralized\u00a0internet.&#8221;<\/p>\n<p>Justin Sun, TRON's founder, <a href=\"https:\/\/www.coindesk.com\/tron-independence-day-explained-what-is\/\" target=\"_blank\" rel=\"noopener noreferrer\">told<\/a> CoinDesk:<\/p>\n<blockquote><p>&#8220;This is just the beginning of the decentralized internet &#8211; it's not the end&#8230;For right now we don't have a full picture.&#8221;<\/p><\/blockquote>\n<p>Currently, the TRON mainnet has 254 nodes worldwide.\u00a0While TRON's whitepaper was removed from the project's revamped website, the full vision for TRON isn't set to be completed.<\/p>\n<h2>TRON Super Representatives Election<\/h2>\n<p>Voting started on June 25th, \u00a0for the 27 &#8220;super representatives&#8221; that will support the governance of the TRON Network. Currently, <a href=\"https:\/\/medium.com\/tron-foundation\/guide-to-independence-your-super-representative-candidates-61377142b814\" target=\"_blank\" rel=\"noopener noreferrer\">42 representatives<\/a> are running in the election, but only 27 will be chosen to take the role of a Super Representative.<\/p>\n<p>TRON's Official Medium Blog <a href=\"https:\/\/medium.com\/tron-foundation\/guide-to-independence-your-super-representative-candidates-61377142b814\" target=\"_blank\" rel=\"noopener noreferrer\">reads<\/a>:<\/p>\n<blockquote>\n<p id=\"78ac\" class=\"graf graf--p graf-after--figure\">&#8220;After all 27 SRs take over governance of the TRON network, TRON main net will enter the Constitutional Phase, where the system is co-governed by the entire community. This is the ultimate phase of an independent TRON main net. [&#8230;] The elected SRs will accept the responsibilities of governing the main net and providing support for subsequent SR elections, which are held every six hours.&#8221;<\/p>\n<\/blockquote>\n<p>Very similar to the EOS block producers, the more TRX one holds, the more voting strength one holds. In addition, some Super Representatives announced that they will pay dividends to their voters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TRON, the tenth largest cryptocurrency by market cap, celebrates a momentous occasion as TRON&#8217;s &#8220;Independence\u00a0Day&#8221; is in full swing and token migration concluded June 24th, 2018. #TRON Independence Day live stream starts now, join us to be part of the free, decentralized internet. https:\/\/t.co\/M5uzhyfjYf &mdash; Justin Sun (@justinsuntron) June 25, 2018 The ERC20 TRX token [&hellip;]<\/p>\n","protected":false},"author":51,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15323],"tags":[],"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>TRON (TRX) Independence Day - Project Officially Breaks Away from Ethereum<\/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\/tron-trx-independence-day-project-officially-breaks-away-from-ethereum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TRON (TRX) Independence Day - Project Officially Breaks Away from Ethereum\" \/>\n<meta property=\"og:description\" content=\"TRON, the tenth largest cryptocurrency by market cap, celebrates a momentous occasion as TRON&#039;s &#8220;Independence\u00a0Day&#8221; is in full swing and token migration concluded June 24th, 2018. #TRON Independence Day live stream starts now, join us to be part of the free, decentralized internet. https:\/\/t.co\/M5uzhyfjYf &mdash; Justin Sun (@justinsuntron) June 25, 2018 The ERC20 TRX token [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/tron-trx-independence-day-project-officially-breaks-away-from-ethereum\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-26T00:14:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-07T02:31:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/11\/cryptoslate-cover.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=\"Chelsea Roh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"TRON (TRX) Independence Day - Project Officially Breaks Away from Ethereum\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/06\/tron-independence-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=\"Chelsea Roh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/tron-trx-independence-day-project-officially-breaks-away-from-ethereum\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/tron-trx-independence-day-project-officially-breaks-away-from-ethereum\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/chelsea-roh\/#person\",\"name\":\"Chelsea Roh\",\"url\":\"https:\/\/cryptoslate.com\/author\/chelsea-roh\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/chelsea-roh\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/chelsea-roh\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/author-chelsea-roh.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/author-chelsea-roh.jpg\",\"caption\":\"Chelsea Roh\"},\"description\":\"Chelsea Roh is a freelance writer. 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