TRON 4.0 Upgrade Includes Increased Privacy On The Blockchain

The latest Tron 4.0 upgrade was announced on Twitter b the CEO Justin Sun and the foundation offered a glimpse of the new features including increased privacy on the Tron blockchain as we are reading further in the TRX news.

The exact date and time of the upgrade is yet to be announced as the CEO Justin Sun only triggered the community on his Twitter profile. Back in 2018, Justin Sun was considering the possibility of implementing privacy on the Tron blockchain with the use of the ZK-snarks. The idea will soon come to reality with a  new addition of the feature in the upcoming Tron 4.0 upgrade. In his interview two years ago, Sun explained the importance of adding privacy to the Tron network:

‘’I think privacy is also important for the network. So that’s why I think in next year, Q1, we will adopt the zk-SNARKs into our network. So zero-knowledge proof into our network…

This is how we can improve the privacy of the whole network.’’

In the near future, if you want to heave private transactions and private addresses, the Tron foundation will make sure that nobody will be able to see you or trace the transactions. The implementation of the privacy feature was initially planned for the first quarter of 2019 but the wait is now over as the Tron users wait for the release of the upcoming upgrade. The exact time and date are unknown and the team also hasn’t confirmed that the feature will even use the zk-Snakrs.

TRON 4.0 vs. Ethereum 2.0! Which one is better😎

— Justin Sun (@justinsuntron) May 23, 2020

However, the head of the Tron technology, Marcus Zhao, explained that the Tron 4.0 upgrade will have a lot of new features such as the previously mentioned privacy, 2-level consensus mechanism and cross-chain interoperability along with the enterprise edition of the network. As we reported previously, TRON received a major bearish wave after failing to clear the $0.0166 resistance level against the US Dollar. The TRX price tested the $0.0135 support zone and is now trying to correct the losses. In order for TRON to move into the positive zone, the TRX price has to go over the $0.0152 resistance. It could even fail to recover above the $0.0148 and the $0.0150 resistance levels. On the downside, the initial support is close to the $0.0140 levels while the main support is close to the $0.015 level below which the bears will aim a test of $0.0120.