The founder of Tron, Justin Sun, has announced that the first beta version of the Tron Main Chain will be launched on March 31. This update, called Exodus, will be the start of Tron’s own blockchain platform (or main net) and will come with many benefits that will make the TRX cryptocurrency much more useful and valuable.
When the main net launches, Tron will no longer be limited by the Ethereum network which it currently relies on. On its own blockchain, the Tron network will be able to expand its capabilities massively. Here are the top 4 reasons why the Exodus update will boost the value of TRX – a.k.a why you should invest now, while you still can.
1. Ridiculously cheap transactions
On the main network, Tron transactions will be practically free. Tron Labs have stated that the network will support ultra-low transfer fees of a millionth of a TRX. At current prices of about 5 cents per TRX, that’s 0.000005 cents per transaction – you could make 200,000 transactions for 1 cent.
The average transactions fees for Ethereum and Bitcoin are currently $1 and $5 respectively. Tron will blow these fees out of the water, making it an attractive way to send money, as well as a competitive alternative to Ethereum for hosting custom blockchain-based projects.
2. Huge transaction volumes
The Tron network will be able to scale massively once it is not dependent on the Ethereum blockchain. The Tron blockchain will be able to handle more than 1000 transactions per second (TPS), compared to Ethereum and Bitcoin who respectively handle 15 and 7 TPS currently.
Tron will therefore go from being limited to 15 TPS, shared between all tokens on the Ethereum network, to being capable of over 1000 TPS by itself. Again, this will make Tron astronomically more appealing to businesses looking to create fast and seamless blockchain-based solutions.
3. Custom smart contract support
The new Tron main net will support custom smart contracts written in languages such as Java. These smart contracts will therefore allow for programs to be hosted on the Tron network which will benefit from being decentralized, lightweight, fast, and highly scalable.
Tron already has a number of decentralized applications (DApps) lined up for release, but this amount is sure to increase once the main network comes out and businesses see what it’s capable of.
4. Integration of current partners into the Tron network
Once the Tron blockchain is launched, Tron will be able to start building applications and issuing tokens for their current partners. For example, Tron will be issuing oCoins on the Tron network for their partner oBike. Once these partnerships have been fully integrated into the new network, there will be many more uses for TRX; the trading volume and amount of customers will rapidly increase.
Once businesses see the success of Tron partners, more will join the Tron network and cause further growth.
If you’re considering investing in TRX, now is one of the best times to do it. The recent Bitcoin dip has caused many altcoins, Tron included, to drop in price. Buying TRX now, while its cheap, could lead to serious returns after the Tron Main Net launches and investors rush to fill their bags. If you’re new to investing, or don’t know where to buy TRX, you can follow this guide for investing in cryptocurrencies.
Official Tron links
Website: tron.network
Twitter: @Tronfoundation & @Justinsuntron
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https://t.me/Tronixhold
I’m HODLing TRX for years!
im not sure but i think tron exists since last year. so how?
I’ve got a holder all the way long term!
Dayuuuum, the Tron Train just keeps on getting better and better
How much is price prediction
$0.50 by december 2018.
Don’t delay launching the main net, doing so will put Tron below a penny and it may take months to recover. I’m a holding and looking forward to March 31.
By all means delay it, I’ll buy thousands more if it dips below a cent and hold until it recovers ?
Please note that it is only the beta version of the main net that will lunch March 31st. The full version will be out by end of Q2
$10 easy value for Tron
what, so many people would become millionaires.
You would think… But bitcoin was once .0001 cent before
Not a chance be realistic $2 at most
ETH is at $1000, TRON’s longterm project blows BTC and ETH completely away.
Uhm… You can’t compare it like that. You compare the market caps.
$10 will buy me big house
Instead of holding it for years, we can trade it and gain more TRX. Sell when its peaking, buy more on the dip. The market is so volatile, you can 10x your TRX within a year by trading it on the way up.
No se si el TRX llegue a 10 dolares pero con que llegue solo a $2 ya es un exitazo. Actualmente esta valiendo $0.05, lo que representa multiplicar tu dinero por 40
do we have a wallet lined up yet when it becomes a coin on its own blockchain
A true TRON believer should not sell on the raise then rebuy when it drops, this will kill the price, it is already cheap
why not just hold on to keep the price afloat.
Bear in mind TRON has potential but we competing with various crypto currencies that are already established and with Tron’s new developments on the way will surely increase the price but by selling you then drop the price again so where does all the hard work of the developers go, down the toilet back at square one trying to increase the price, now that will be sellfish. That is not a true Tron believer. I have bought 5000 TRX and I intend to hold it for the next two years.
You must bear in mind when Bitcoin was created (2009) there wasn’t much competition and ICO.
In this day and age, token/coins are popping up frequently.
A true Tron believer will hold on to their coins and give Mr Sun and his team a chance.
Don’t know about the whole community as a whole but Tron in my opinion has real potential considering the capabilities they claim it will have after the main net launch and token migration to its own decentralized platform/blockchain. In my honest opinion if your not buying to hold then I know for sure your going to be one of those fomoing traders wishing they bought back when it was cheap. Once this main net goes live and token migration has been completed you’ll regret it!! C: