Independence Day: TRON launches Mainnet, futures planned
The TRON project celebrated Independence Day on June 25 with the launch of the Mainnet. In addition to the efforts to thrust Ethereum from the throne, the project has Justin Sun, however, other major goals. So a secret project is to be started in July. Starting in September, there will also be futures contracts for TRON with the TRX futures.
The TRON project around initiator Justin Sun is known, among other things, for wanting to break Ethereum from the throne. In order to be independent of Ethereum, Sun announced the launch of Mainnet - a proprietary platform designed to provide the future foundation for dApps.
For this purpose, the Independence Day was proclaimed on 25 June - the test phase of the Mainnet is now apparently completed. For online, the Mainnet was already on the night of May 31 - but here was the goal that developers should test the platform catchy for errors.
With the launch of the Mainnet now the "real" TRX tokens are released. The existing ERC-20 tokens will now be gradually converted to TRX tokens. The TRON team promises its users great advantages over the Ethereum platform. This is how TRON wants to make free transactions possible. In addition, the transactions should be up to ten times faster than Ethereum. The token swap is currently not completed. As a next milestone, Justin Sun announced on Twitter the launch of a secret project:
"The next important milestone is July 30th - we will launch our official virtual machine. All decentralized exchanges and applications on the TRON platform will be integrated into the TRON ecosystem. On July 30, we will launch one of our secret projects. "
The other goals of TRON are also ambitious: for example, they want to develop their own cryptocurrency as well as their own Web 2.0 platform and a new social network. At the same time, users should be able to monetize their content and start their own ICOs.
TRON futures in planning
In addition, from September 28, 2018, there should be the option of being able to bet on the development of the TRX course. With the futures contracts, the platform BitMEX announced the launch of the financial products:
"Due to the high demand, we will offer the BitMEX TRON Futures TRXU18 [...] as of September 28, 2018."
ETH course still more stable than TRX course
The TRX price is currently 0.034 euros. He lost almost 1 percent in the last 24 hours. In the course of the week, TRON looks a little grimmer - with a minus of 20 percent, the price also lost value here. In the monthly course, it is even 40 percent, which must lose the TRX course.
The competition is even better in the course of the course compared. At 385.58 euros, the ether price has to cope with a loss of just over 1 percent. However, on a weekly basis, the token of the Ethereum platform is already better: Here, Ether recorded a decline of 17.6 percent. In the monthly course, however, the cryptocurrency "only" has to cope with a loss of just under 21 percent.