The TRON ‘Independence Day’ Mainnet Has Been Finally Activated

Finally, the tenth largest cryptocurrency TRON with a market cap of $2.7 billion has activated its mainnet following a migration to its independent public blockchain. The news comes from a blog post published yesterday.

Styled as announced, the “Independence Day” by the TRON Foundation is a move to the TRON’s mainnet which beta was launched on May 31st this year and is part of the transition from the Ethereum (ETH) blockchain to its very own.

It took almost four weeks for the developers to make sure that the investors were able to move the ERC-20 standard tokens to the network. The founder behind TRON, Justin Sun, also announced the “Independence Day” on his Twitter account.
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#TRON Independence Day live stream starts now, join us to be part of the free, decentralized internet. https://t.co/M5uzhyfjYf

— Justin Sun (@justinsuntron) June 25, 2018

According to the blog post, there has been a channel created specifically for the community and stakeholders – to receive the latest information via a 12-hour live stream. On top of this, the foundation also handed out “a small number of TRX during the 12-hr live stream so that the members of the TRON community could test the different features of the mainnet”.

Meanwhile, the move to the independent network will be a great test for TRON – which claims to be a direct competitor to Ethereum in providing a basic-layer public blockchain platform which supports decentralized application (DApp) development. According to TRON’s developers, the internal tests showed that TRON’s mainnet is “400 times faster” than Ethereum’s.
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