Justin Sun, Tron’s founder and CEO, announced yesterday that Just.Team is about to join the Tron network. So why does that matter and why is Mr. Sun making the announcement himself? We’ll try to answer that question in this article by explaining what Team Just is according to their own ideas and words and why it matters that they adopt Tron’s technology.
Team Just had a lot of success in losing everything they had in 2017. They managed this achievement by joining on of the overabundant “decentralized” scams that were popping up everywhere during 2017 when the cryptocurrency market was exploding, and even the most insignificant new digital asset seemed to be the opportunity of a lifetime.
They were not alone, of course. This happened to lots of other people during 2017. That’s the problem with crypto when the market is doing great. All the interest and FOMO allows for scammers to create lots of schemes and cheat people out of their digital wealth.
The Team learned a valuable lesson: during the 2017 bonanza, the tragic certainty about investing in crypto was that you just could not trust anyone. The latest Tron-alliance learned it the hard way.
— Justin Sun (@justinsuntron) July 7, 2019
Other persons who had learned the same lesson for similar reasons kept joining the Team. Hundreds of people from broken or failed blockchain projects came together and joined forces to find a way to guarantee that, if anybody goes financially broke in the crypto-verse, it should be through their own responsibility and not because of the nefarious activities of scammers.
In other words: if you’re going into crypto, you should be able to do whatever you want without trusting anybody at all. After all, that is one of the goals in blockchain technology: to guarantee transparency and the delivery of results without the need for mutual trust.
So the Team’s mission is to recover and guarantee that critical feature in blockchain technology. It pioneers technology that gets rid of all third parties and mediators — even the developers. Nobody inside or out the cryptosphere should be able to affect what you do with your money.
They develop products that bring an extra layer of security to the crypto-verse so that you don’t have to worry about being victimized by scams. Their three currently available products are Exitscam.me, 232 Token, and P3D.
Tron and Ethereum
And there’s another reason why Team is Just joining Tron is essential: their current products, decentralized applications, and a smart contract run on the Ethereum platform.
Maybe you remember — and if you don’t, we’ll remind you — that there’s an ongoing rivalry between Ethereum and Tron. Not too long ago, Mr. Sun called for all Ethereum developing teams to leave Vitalik Buterin’s platform behind and join Tron because it is cheaper and more powerful. Since then, many projects have taken Mr. Sun at face value and have left Ethereum behind or have deployed parallel projects at Tron.
Well, this is yet another Ethereum developers community that’s going to move to Tron, and that’s why it’s crucial.
It will be interesting to see what new products Team develops for Tron, or how their already available products work using Tron’s blockchain. TRX stands at $0.035005 after going up by 8.67% in the last 24 hours, with $2,334,217,476 market cap.
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.