Math Wallet has finally added support for Tron-based TRC10 and TRC20 tokens for users of its wallet service. The cryptocurrency wallet was established by a company called Medishares, which is a relatively new name in the cryptocurrency world.
The support came in the form of the 1.9.0 update to the wallet and the wallet now finally allows users to transact with Tron Foundation tokens.
The company behind the wallet, Medishares, is a new entrant into the cryptocurrency business and it has styled itself as “the first global mutual insurance marketplace” in the world that is based on blockchain technology.
What this means, in effect, is that users who buy into the native token of the company (known as MDS and trading at $0.012 as the writing of this article) are given the ability to be a part of a mutual aid program. People who buy the MDS token help fund a smart contract for this mutual aid scheme.
Math Wallet and Tron both extending their reach
The news means that both Tron and Medishares are extending their reach and adding a completely new user base to their existing portfolios. The inclusion of TRC10 and TRC20 tokens means that Math Wallet will be able to entice more Dapp users into its ecosystem.
Coming to the Sun-led blockchain, Tron is adding another notch to its already impressive belt, and helping make TRX a more accessible and more open cryptocurrency by having another wallet add support for their tokens.
— TRXMarket (@TRX_Market) June 14, 2019
This is not the only news regarding Math Wallet as it has also upped the features available in the wallet by being able to use some of the functionality of the Tron blockchain, which is becoming among the top Dapp blockchains in the world at lightning pace.
Users can choose to activate or deactivate Tron power through two buttons in the wallet called “freeze” and “unfreeze.” These are options that are also available in many Tron based Dapps and the Tron Dapp browsers. There is also a resource library that shows the ranking of Tron Dapps, in addition to a Dapp store called Spiderstore. All this allows users of the wallet to have easy access to Dapps that are based on the Tron blockchain.
Mainstream adoption the goal
Justin Sun has never been shy about setting his sights on big moves, but he has always been careful to keep the smaller news trickling in slowly but surely. Adding the support of another wallet is just such a move and can only help with the more mainstream adoption of his brainchild. Tron is already one of the premier Dapp blockchains despite having started relatively late compared to Ethereum or EOS.
None of that matters to Sun though, as his knack for marketing and getting the right partners on board are proving to be a winning combination that is pushing Tron forward faster than any Dapp ecosystem before it.
Many industry observers believe that it is only a matter of time before Tron becomes the ‘de facto leader’ of the Dapp marketplace and continued announcements like the addition of Math Wallet only serve to reinforce that view.
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.