Major DApp Development Unveiled By The Foundation During Tron’s niTron Summit


Not every cryptocurrency project that started small has been able to progress into a fully functional blockchain platform. Tron is one of the few projects that have made steady progress on a developmental level. The Tron network has been able to achieve a lot over the months and these achievements were listed during the Tron niTron summit that took place recently. Many industry leaders were featured in the summit including Justin Sun, Marcus Zhao, Li Cong, among others.


What Has Tron Achieved So Far?


The strength of the Tron community is one thing that has held the platform together so far. The head of public chain at Tron, Marcus Zhao, talked about the plans the network has per development as well as the value of community feedback in development. In his words:
“Tron listens to the community and this is why it will achieve decentralisation of team development and will attract more experienced developers to the fold.”


Talking about the developer community of the network, Li Cong said that there has been consistency. The number of developers have increased significantly over time and more developers will join the network as time passes. He also noted that the Tron platform has also worked with new developers who had no previous experience about working with blockchain technology. Cong said that Tron has moved pass the stage of just being a protocol and has become an ecosystem and platform accommodating 3,000 developers, and 145 dApps. Cong was certain that the Tron network will soon surpass the EOS network.


Tron To Get 2000 dApps Before The End Of 2019


Considering the fact that Tron only started developing dApps three months ago, the figures are encouraging. This year, the foundation has projected rapid growth for the network. This is why Justin Sun predicted that the network will host at least 2000 dApps before the end of the year. He also urged blockchain developers to build on the platform stating that anyone who intends to improve the ecosystem is welcome.


TRON (TRX) Price Today – TRX / USD
NamePrice
bitcoin
Bitcoin
$8,293.37-0.20%
tron
TRON
$0.016-0.68%


Sun was precise when he called for developers. He implied that he doesn’t care were the developers will come from. A while ago, Sun said that his network will accommodate EOS and Ethereum developers who want a change. He referred to these platforms as sinking ships. After the summit, Sun took to Twitter to express his expectations and exciting for the development on the Tron network. In his words:


“Decentralised apps on Tron was up by 25 this week compared to last week. The total number of dApps is now 142 indicating a 20% weekly growth. The number of accounts on Tron are now 1.42 million while the daily transactions have crossed 3 million. We are maintaining rapid growth.


Tron (TRX) Price Today


Even if the network is growing rapidly, the same cannot be said about the TRX token. The token is feeling the heat of the bearish wave just like every other cryptocurrency. From its all-time-high, TRX is down significantly. At the time of writing, it was trading at $0.026229. This shows that it is up by 1.91% against the USD and up by 0.76% against BTC. The trading volume over a 24 hour period is $204,426,336 and the market capitalization is $1,748,352,568.


Do you think Tron will continue to see rapid growth throughout the year?

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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