Justin Sun, the CEO of the TRON Foundation has announced that TRON 4.0 will be launched next month. TRON Foundation has undergone significant iteration and with their fourth one launching next month, top key features were announced.
(1/2) Open Letter on the Great Voyage: TRON 4.0
1. TRONZ Smart Contract Privacy Protocol
2. The New TPOS Dual-layer Consensus Mechanism
3. New TICP Cross-chain Protocol
4. Financial institution and enterprise blockchain solution
AND other updateshttps://t.co/61S9zMsTOc pic.twitter.com/Q3J1Tk049S— Justin Sun (@justinsuntron) June 7, 2020
A new era of the TRON Foundation will start in 30 days and the countdown to TRON 4.0 has already started.
30 days countdown of Great Voyage: #TRON 4.0#TRONZ #TRX $TRX pic.twitter.com/IYVbEXP8E3
— Justin Sun (@justinsuntron) June 7, 2020
What’s new with TRON 4.0?
It was just recently that we have written a blog about TRON 4.0 and some key features that were mentioned by Marcus Zhao, the head of TRON technology which primarily focuses on privacy features supported by TVM , 2-level consensus mechanisms, cross-chain, and Enterprise Edition.
Justin Sun provided a more detailed explanation of the 4 impressive key features that surely will make you look forward to TRON 4.0. The key features that were pointed out are the following:
1. TRONZ Smart Contract Privacy Protocol – a first smart contract privacy protocol supported by a virtual machine.
Announcement📢
Extremely excited to announce the #TRONZ Smart Contract Privacy Protocol, an integral part of the #TRON 4.0 protocol, will officially go live on July 7th, 2020!🚀Once launched, the #TRONZ Smart Contract Privacy Protocol will👇@justinsuntron @Tronfoundation
— TRONZ Foundation (@OfficialTRONZ) June 6, 2020
2. TPOS Consensus Mechanism – an upgraded mechanism and combining the advantages of DPoS and PBFT, which reduced the block confirmation time from 57 seconds to 3 seconds.
3. TICP Cross-Chain protocol – a brand new protocol, ushering in a cross-chain era for the TRON ecosystem once TRON 4.0 is launched.
4. Developed financial institution and enterprise blockchain solution – Financial institutions and business developers will be able to swiftly deploy a customized application blockchain based on their needs.
Once TRON 4.0 launches it will signify a stunning transformation of TRON from being a blockchain-centered project to an industry trendsetter. In short, a leading cryptocurrency in the industry and they have proved it since day 1 and this would be their competitor to the upcoming ETH 2.0.
Are you excited about TRON 4.0? We definitely know you are and we are looking forward to the launch of TRON 4.0 which is dubbed by the TRON Foundation as an amazing masterpiece of the blockchain world.
For more news and updates, see Tron Spark
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