Tron finally moved out of the ethereum, Justin Sun Founder of Tron network recently twitter saying goodbye to the ethereum network and thanks to being a part for such a long time.
— Justin Sun (@justinsuntron) June 25, 2018
Tron was on before on the ethereum blockchain, such token was named as ERC20 tokens. Tron was one of these with ethereum as a platform.
The urging platform expansion pushing Tron to consider its own platform where it will be independent and can work on developing their technology expansions.
The Tron Independence is done by burning the existing coin and introducing the new TRON coin to the hodlers.
The Buring of Existing Trons
— Tron Foundation (@Tronfoundation) June 24, 2018
Why Tron Foundation Burning Coin?
Buring coin will remove the token from the total supply. Coin burn encourages a fair distribution of the cryptocurrency, help to control inflation and reward token holders. According to this, consequently, Tron Foundation can mark a new stage for the network.
Sesameseed, is the first community to issue token and also burning TRON at first.
— Sesameseed #TRONSR $TRX (@sesameseed_SR) June 25, 2018
The Hodlers and the community including founder, are very excited and looking forward to the great future for the technology and expansion of the network. The development team reaching out for several projects acquiring to withstand along the Tron, making the technology strengthen and sustainable growth.
“The amount of TRX at the beginning of mainnet launch will be reduced to 99,000,000,000TRX, and the remaining 33,251,807,524 TRX held by TRON foundation will stay locked until January 1th, 2020.
The whole event is covered live with several introductions of the technology enhancements. View Tron Independence Event Now.
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