TRON begins its transition to a native blockchain, price dips by 4%

in #tron6 years ago

Tron has officially begun its transition from Ethereum to a public blockchain with the release of Odyssey 2.0 materials to Github.

With an official proclamation by CEO Justin Sun, Tron has officially begun its migration to a public blockchain from Ethereum.

Presiding over the announcement, Sun took to Medium to write:

“Today, I announce with confidence that development for TRON Mainnet, Odyssey 2.0 is complete and all materials have been submitted to Github. From this day forth, the TRON community will be able to download and run TRON’s official mainnet Odyssey 2.0 on the TRON Github page.”

While Tron has acknowledged Ethereum’s assistance and role in meeting fundraising expectations, the Foundation cited that Ethereum’s slow adoption of new protocols was the result of an “an authoritarian system dominated by the foundation and develop(ment) team”.

Sun elaborated that Tron’s migration to a public blockchain will be made possible by a collective of over 200 people – while Tron’s early accomplishments consist of over 2,153 commits and 547 merged forks, with 102 new features.
Tron is slated to make its official journey to a public blockchain on June 25th, in an event the organization has labeled it’s ‘Independence Day’. Until then, Odyssey 2.0 will remain in beta.

Concluding his announcement, Sun drew reference to the 1969 moon landings – quipping that “Odyssey 2.0 launch is one small step for TRON, one giant leap for blockchain.”

Tron has further clarified that additional information regarding blockchain explorers, wallets, and infrastructure-related apps will be made public on the 5th of June.

At press time, the news has not exactly been kind to the blockchain project. At the time of publication, TRX is down 4.14% day-on-day, and presently trades at $0.05 USD. TRX remains the tenth-largest cryptocurrency by market cap.