Brief History of Justin Sun?
Born on 10th July 1990, Justin Sun is the CEO and founder of Tron Foundation and the creator of Tron protocol, one of the significant platforms related to Blockchain Technology. Apart from being the CEO and founder of Tron, Justin is an accomplished businessman, entrepreneur, and business executive holding a Master’s degree in Political Economy from one of the most prestigious institutions in America, the University of Pennsylvania.
Before Justin started the ambitious cryptocurrency project, Tron, he founded the most essential voice live streaming application in China, Peiwo, which is one of the most popular mobile app among the Chinese youth. When translated Peiwo means “call me.”
Justin has been the chairman and CEO of Peiwo mobile application since 2013 that has over one million active monthly users with over 10 million registered users globally. Peiwo has the most extensive audio content subscribers in Asia.
In December 2013, Ripple Labs employed Justin Sun as the first employee from Greater China, where he served as the Chief Representative and Advisor in Greater China until 2016.
In 2017, the young entrepreneur and developer established the Tron Foundation, whose primary dedication is in building a truly decentralized Internet for users. In February 2018, Tron and Peiwo publicized the successful integration of Tron (TRX) digital coins and the Peiwo mobile application.
In July 2018, Justin Sun was behind the acquisition of BitTorrent, the company that owns the peer-to-peer file sharing app, uTorrent, which is responsible for about 3 percent of the internet’s daily traffic since 2014. According to information that was shared to media outlets, the agreements of the acquisition of BitTorrent spelled out that the staff members would continue working outside Tron’s San Francisco location. The purchase was worth 140 million US dollars.
The Tron Project
The Tron project is one of the highly successful projects of its kind. The project started its life being dependent on Ethereum’s blockchain before breaking free on 31st May 2018. Since the independence, Tron’s transaction speed has improved rapidly on the new Tron ecosystem with the rates of 2,000 TPS being recorded far above their former host, Ethereum.
Since breaking free from Ethereum’s network, Tron has gone through stages that are part of the company’s roadmap that is sure to take the blockchain and cryptocurrency company right through 2027.
One of the stages the Tron project has undergone is the Exodus stage that was in charge of its transition after breaking free from Ethereum, ensuring data liberation for the crypto company. On this stage, Tron Foundation provided users a reliable and open network for data publication, distribution, and storage with little or no hustle.
At the moment, Tron is on the Odyssey stage that is scheduled to last for 18 months since its inception. The Odyssey stage is purposed on content empowerment providing incentives to content developers ensuring they get fair returns for the creation, dissemination, and distribution of their content materials.
After the Odyssey stage, Tron has laid down four more stages that are aimed to make the cryptocurrency and Blockchain company the most successful project in the crypto market. The remaining phases are – Eternity, Star Trek, Apollo, and Great Voyage.
Justin Sun’s Prominence in the Crypto Space
Justin Sun is well known in the cryptocurrency world for his marketing skills and aggressive promotional tactics on Twitter, often announcing important notices to create a buzz around the digital currency.
Also, Mr. Sun has not been the one to shy away from controversies and clashes, clashing with his former host and CEO of Ethereum Vitalik Buterin on Twitter on several occasions. In mid-2018, Justin once posted a diagram showing that Tron (TRX) was way superior to Ethereum’s protocol. Buterin responded, leading to a Twitter tiff between the two founders.
The 29-year-old techpreneur has over 650,000 Twitter followers making him one of the most followed personalities in the blockchain and cryptocurrency space.
Tron CEO’s entrant into Wikipedia is a good publicity move for him, but the page requires more information and edits. Many Wikipedia followers would like to know him and his company better.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.
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