The launch of Tron’s new SUN network is scheduled for a little later on during this month. It’s been highly anticipated since the Tron Foundation started to divulge details about the new system on a press release last April 8th.
The SUN network will comprise decentralized applications sidechains and will enable users to operate across chains through infrastructure on other expansion sectors of the system. The new network will (as per Tron CEO),
“further expand the overall capacity of TRON network, improve the overall TPS and smart contract execution efficiency of TRON.”
DAppChain is the name given to the new Tron’s DApps sidechain extension, which is supposed to improve the current performance of the network’s dApps. Better energy efficiency is among the highlighted improvements in the new SUN DAppChain. Tron‘s DAppChain focuses on embracing customizable ways to run decentralized applications with meager consumption of energy, efficiency, and high security.
#TRON is 9 days away from launching #SUNNetwork Testnet May 30
Sun Network (DappChain), #TRX's layer-2 100x scalability will:
🔗 Develop DApp sidechains & cross-chain infrastructure
📊 Increase TRON's overall capacity
⚡️ Lower DApp energy consumption
🔐 Guarantee asset security pic.twitter.com/kJQA9IfsMs
— Misha Lederman (@mishalederman) May 21, 2019
Deployment in three stages
DAppChain’s deployment will happen in three distinct phases. Phase one starts on May 30th, and it’s called “TestNet.” It’s all about smart contract support in the sidechain and about realizing the limitless proliferation of the Main Net under the asset security guarantee.
Then comes Phase 2 that will starts on August 10th. This is when the Test Net becomes the Official version of the DAppChain. Phase 2 is expected to make the network’s decentralization even better. It will also support the community in building and affecting the new side chain environment.
The final stage (Phase 3) happens from September 15th. Ease of deployment for dApps, improved transaction speeds, and sidechain tools’ integration for developers and users are the paramount aims in the third part.
The Tron Foundation promised that the plan for the SUN network is going to follow the cutting-edge development of industry, and aim to develop the TRON blockchain at its very best.
The new network’s focus on scalability and enhanced features is a natural consequence of the success that TRX adoption has had within the network’s dApps during the first quarter of the year. Faster transactions will guarantee a better user experience for Tron’s users and investors. It will also facilitate liquidity and accessibility.
Another priority for Tron is to consolidate its position as the crypto verse’s leader in dApps and, to a lesser degree, in smart contracts. It’s threading on Ethereum’s turf in this regard, which is probably why Justin Sun (the project’s founder and CEO) went on the record calling Tron “the Ethereum killer.” The platform’s dominance in dApps is creating a window of opportunity for the consolidation of the TRX cryptocurrency.
Blockchain-based gambling and gaming have been an essential target for Tron’s app activity and currency adoption. This probably happened because of the app developer’s interests rather than because of a concerted effort by the Tron Foundation, but the fact is that gaming apps are there, they’re quite successful, and some of them have imposing daily trading volumes. Nothing is surprising about that. Gambling and gaming also have a privileged position in the conventional web.
It’s expected that all this progress in the network’s infrastructure will bring about better market performance for Tronix, the network’s native token. That could already be happening as the coin has had three great trading days, rising significantly in value and outperforming most other currencies in crypto.
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.