Justin Sun Announces Raybo – A Chinese Blockchain Firm – As a Candidate of Tron (TRX) Super Representative Elections

A few days ago, Justin Sun – the co-founder of Tron (TRX) Foundation – announced that a Chinese blockchain tech giant – Raybo, will be running for a position on the ongoing Tron (TRX) Super Representative elections. The Tron Foundation has also said that the addition of Raybo to the network of Tron (TRX) will enable it to provide more outreach and make the network more inclusive.

The Present Candidates of Tron Super Representative

At the moment, Tron (TRX) has more than sixty-three candidates running for the SR position. Raybo is aimed at becoming part of a community, which is said to “display the openness and inclusiveness of Tron (TRX) as an autonomous and decentralized community.”

As Super Representative members of the Tron (TRX) Foundation, they’ll play a vital role in the firm’s future governance structure and they will primarily represent the will of the community. Also, the SR will serve as guardians of the network, and they will participate actively in the validation and calculation of the Tron network.

The whole process to become a member of Tron Super Representative is democratic with the aim of ensuring adequate governance of the Tron network. The Chinese blockchain giant has also said that “it’s willing to partake in carrying out the efforts of promoting the blockchain tech.”

Tron (TRX) was recently in the news for carrying out its first-ever global all-hands meeting, which was attended by all its members from San Francisco and Beijing. The Tron Foundation said that the Tron family has grown to 300 members from 108. They also said that this will give them the enabling environment to outperform Ethereum (ETH).

TRON (TRX) Price Today – TRX / USD

Name Price24H (%)
Bitcoin (BTC)
$3,364.05
-2.24%
TRON (TRX)
$0.013190
1.08%

Tron (TRX) is presently changing hands at $0.0245 after a decrease of about 3 percent over the past twenty-four hours. The market cap of the coin, at the time of writing, is $1.65 billion and its trading volume over the past twenty-four hours is $142.68 million.

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