Justin Sun, the founder and CEO of Tron Foundation, is continuously working round the clock to make sure TRX never fades away from the crypto-limelight. In recent time, Tron Foundation has been taking on several developments in the crypto sphere, with the platform proving its mastery of the decentralized application (DApp) space by launching system upgrades to retain its dominance.
As the organization that got set up to support the development of the Tron network, Tron Foundation announced the release of the code for Tron’s sidechain scaling solution. The Sun Network Version 1.0.
One of the most significant blockchain projects in our time, Tron recently released version 1.0 code of its sidechain solution. The recently released code is positioned to improve the blockchain and platform as a whole.
#TRON announced the release of the first version of the #SUNNetwork code base. #SUNNetwork protocol as a whole is focused on the efficient execution of smart contracts, improving network performance and reducing fees. #TRX #TRON $TRX https://t.co/kgwiC3dK2N
— Justin Sun (@justinsuntron) September 3, 2019
Sun Network version 1.0 is a scaling solution that is designed to enlarge Tron’s MainNet capacity. The code integrates a series of scaling developments such as cross-chain communications, DAppChain, smart contract optimized application side-chain among many more.
Among the scaling developments, DAppChain stands-out as a side chain scaling project that is created to provide the unlimited scaling ability for Tron’s MainNet. By providing unlimited scaling capabilities, the DAppChain permits decentralized applications to run with lower power consumption, higher efficiency, and security on the Tron Network.
In comparison to other scaling solutions, the recently released Sun Network version 1.0 has two distinctive features. The first feature includes supporting smart contract transactions, concentrating on improving the transaction speed of the smart contract settlements on Tron’s MainNet while also reducing the transaction fee.
The second feature includes supporting more tailor-made necessities like transaction rates, setting side-chain incentives, transaction confirmation speed, among other parameters. By doing so, the Sun Network V.1.0 meets the requirements of different developer parties.
Health of TRON Protocol project:
⭕️Project Utilisation + Network Activity = User Activity
⭕️Code Changes + Code Improvements + Community Involvement = Dev Behaviour
⭕️Risk + Money Supply = Market Maturity#TRON #TRX pic.twitter.com/fqgI2CjOiK
— Mike McCarthy (@MikeNerdUK) September 2, 2019
The universal solution of the recently released Sun Network is providing unlimited scalability to Tron’s MainNet. By availing unlimited scalability, the Sun Network creates more opportunities for the development of Tron’s DApps system and the whole Tron ecosystem.
Sun Network’s universal solution does not only endeavor to benefit Tron’s MainNet but also the entire blockchain industry while prospering Tron TRX.
According to the founder and CEO of Tron Foundation, Justin Sun:
“With each new day, a lot of our projects continue making impressive advancements. For instance, we launched the TVM in late 2018. In just eight months, approximately 500 quality DApps were reported to be running on out Tron platform.”
“At the time. Three million accounts were realized with a total of 410 million secure transactions taking place since the debut of the MainNet. Fast forward, the energy-saving, highly efficient and secure Sun network V 1.0 promises to benefit from the network as well as value add the platform. Also, a chain of scaling projects such as cross-chain and DAppChain communications will supplementary grow the overall capacity of the Tron MainNet as well as improve the general transaction speed and smart contract execution efficiency of the blockchain.”
Overview of TRON’s Sun Network Version 1.0 GitHub Code
The Sun Network V1.0 code version is as follows:
- Side Chain: – The primary code of the DAppChain is consistent with the topographies of Tron’s MainNet, allowing developers to easily migrate decentralized applications on the Tron main chain to the side chain.
- Java SDK: – It is the responsibility of the Java version SDK to support interactions between the main chain and the side chain on Tron’s MainNet.
- SideChain Wallet Cli: – Based on the Java version SDK mentioned above, the SideChain Wallet Cli plays the implementation role of the side-chain command-line wallet. It does this by communicating with the main chain and the side chain concurrently through the terminal in a similar way as Wallet Cli of the MainNet.
- Contracts: – They are mandated with the management of virtual assets across both the side chain and the main chain ensuring the safe transfer of virtual assets between the side chain and the Tron MainNet.
- Oracle: – The oracle as the role of a relay that supports the communication of the main chain and the side chain.
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.
Instant crypto credit lines from only 5.9% APR - unlock your crypto-weatlh tax-efficiently, without selling it. Earn up to 8%interest per year on your stablecoins, USD, EUR & GBP. $100 million custodial insurance.
Get started now..