In a significant advancement for the Web3 ecosystem, Huawei Cloud has officially commercialized its Web3 Node Engine Service (NES), integrating with the TRON (TRX) Network. This move marks a milestone in the collaboration between leading technology providers and blockchain networks.
Huawei Cloud’s NES stands out with its impressive support for over eight mainstream public blockchain networks. A key highlight is its node online reliability, which boasts a remarkable rate of 99.95%. This level of reliability ensures uninterrupted services and a robust platform for developers and users alike.
One of the most notable features of this integration is the connection to MEV-Boost. This connection is set to revolutionize the way blockchain networks operate, offering enhanced efficiency and performance.
Developers are set to benefit greatly from this integration. The collaboration between Huawei Cloud and the TRON network is expected to reduce development costs by more than 30%, a significant saving that could encourage more innovation and development within the blockchain space.
Moreover, node operators can anticipate an increase in their income by approximately 10%. This financial incentive is likely to attract more participants to the network, further strengthening the TRON ecosystem.
Founded by its former CEO, Justin Sun, in 2017, TRON stands as a decentralized platform rooted in blockchain technology. Its vision revolves around crafting a universal digital content entertainment system that harnesses distributed storage tech, making the sharing of digital content both effortless and economical.
The platform’s inherent cryptocurrency is known as Tronix or TRX. Committed to shaping the foundation for an authentically decentralized web, TRON has expanded its blockchain integration across diverse sectors, including DeFi, NFT, and GameFi.
Huawei Cloud is the cloud computing service of Huawei Technologies, providing a range of cloud services including computing, storage, databases, analytics, and machine learning for businesses and developers. It’s designed to offer a secure, scalable, and cost-effective platform for hosting and managing applications and data in the cloud.
Huawei Cloud supports the digital transformation of organizations by leveraging Huawei’s expertise in telecommunications and IT infrastructure.
The partnership between Huawei Cloud and TRON is a testament to the growing influence of blockchain technology and its integration into mainstream tech platforms. As Web3 continues to evolve, such collaborations are pivotal in shaping the future of decentralized internet and digital interactions.
For more news and updates, see Tron Spark.
In a significant move within the cryptocurrency space, VOD Wallet has announced a strategic partnership…
In the realm of cryptocurrency, stablecoins serve as an anchor, providing stability in a notoriously…
In the constantly evolving landscape of cryptocurrency, it's always exciting to see substantial developments that…
In a significant milestone for the cryptocurrency industry, the TRON blockchain has officially exceeded 217…
In a groundbreaking move set to redefine the landscape of blockchain interoperability and financial inclusivity,…
TRON, the powerhouse behind the globe's most expansive stablecoin domain and a significant player in…