TRON may be a form of cryptocurrency, but it wants to be so much more. Right now, the TRON blockchain is working its way towards a fully decentralized future.
In a recent interview, Justin Sun shares his latest plans for how TRON aims to make this dream a reality.
Building TRON’S Blockchain Bit by Bit
One of the most recent (and largest) moves made by Sun and his team was the purchase of BitTorrent, a San Francisco-based peer-to-peer (p2p) venture. Sun explains:
“One of the reasons we purchased BitTorrent, besides the fact that it’s a great team, is that we’ll be able to test scalability like no one else, with 100 million monthly active users getting exposure next year to our blockchain. TRON and BitTorrent will continue to work on separate projects, while orbiting each other and collaborating on that goal of decentralizing the internet.”
One of these projects Sun speaks of is called Project Atlas, which TRON will introduce to customers next year. Describing the new system, Sun states:
“That project will incentivize BitTorrent users to share more content through cryptocurrency usage.”
For the world to become decentralized, Sun says it’s important that new developers not be denied the tools they need. This will stifle innovation and put a damper on both financial and technological growth.
TRON is working to assist new developers and their projects with the launch of its latest accelerator program, designed to attract more developers to build their projects atop the TRON blockchain. Sun says:
“We think we stand out with our accelerator program because it’s stable, more efficient and it has lower fees associated with it. The biggest issue really is educating developers globally – first on, ‘Why blockchain?’ and second on, ‘Why TRON?’ That’s why we recently launched the $1 million (USD) TRON Accelerator decentralized application [dApp] competition. By giving prizes totaling that $1 million, the developer community gets to execute their ideas or projects on TRON.”
Regulation Can Serve a Valid Purpose
Sun fully believes that all information should be fair and distributed. Blockchain is the technology that can make this happen, though he admits it needs “nurturing” along the way, which is where regulation can really come in handy:
“We are operating under the assumption that regulation will come to the industry in many places. In many ways, it will be necessary to legitimize the market and separate good practices from bad. We recently hired a chief compliance officer to make sure we’re always a good partner with our community and with governments.”
Is TRON on its way to becoming the next Bitcoin or Ethereum? Post your comments below.
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