Tron, the $3 billion decentralized internet project, may have gone live today, but its full “independence” from the ethereum blockchain isn’t yet complete.
Although Monday was intended to serve as an “Independence Day” celebration marking both the official launch of its mainnet and the completion of its departure from its former host, ethereum, the project has only achieved the former.
More precisely, founder Justin Sun said during a live stream that Tron is still in the process of migrating the last of its users’ TRX tokens from ethereum to its mainnet.
As previously reported by CoinDesk, Tron started its token swap last week, indicating at the time that the swap would be complete by “Independence Day” in order for token-holders to be able to use their TRX to vote for 27 block validators on Tuesday.
Dubbed “super representatives,” these validators compete to produce blocks as part of the project’s delegated proof-of-stake system (DPoS). However, Sun has now suggested that the initial timeline is no longer realistic.
“We expect to finish all the exchange token swap and the migration in the next couple of days,” Sun said.
He added that Tron has “already served” one-third of the exchanges supporting the swap, and that upon the completion of the remaining two-thirds, users will be able to withdraw their tokens from the exchanges.
Pushing ahead
Nonetheless, Sun said Tron intends to proceed with its super representative election tomorrow, though he suggested that it could extend for several days.
“Probably this election period will go five days or something, because lots of the [token holders] need time to get their mainnet tokens,” he said during the livestream. Each super representative must garner 100 million votes or more to be elected, and each TRX token constitutes one vote.
While Sun’s statement suggests that some users will have to wait to vote, project representatives said during its livestream that token holders can complete and observe the voting and election processes via its Tron Scan feature.
The portal – which tracks information about blocks, transactions, nodes and other components of the blockchain – reveals that Tron has produced more than 10,000 transaction blocks on its network thus far and boasts almost 400 nodes. This information was also confirmed by Sun at the conclusion of the livestream.
According to Tron, the conclusion of the election will mark the start of community governance over the blockchain, which it calls “the ultimate phase of an independent Tron.”
Image via Periscope
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
I’m not that much of a internet reader to be honest but your blogs really nice, keep it up! I’ll go ahead and bookmark your website to come back down the road. All the best
CHANEL 香奈兒 【3.5-DA彈力緊緻活萃系列】3.5-DA彈力緊緻活萃精華的商品介紹 CHANEL 香奈兒,3.5-DA彈力緊緻活萃系列,3.5-DA彈力緊緻活萃精華
清潔 ♡。 炎熱夏天Biore淨嫩沐浴乳彈嫩清爽型‧沖繩緬梔花香‧釋放一天的疲憊 @ 潮流、美妝、消費 創造個人化風格的女性社群 PIXstyleMe 清潔 ♡。 炎熱夏天Biore淨嫩沐浴乳彈嫩清爽型‧沖繩緬梔花香‧釋放一天的疲憊
Celtic have announced the signing of Nigerian midfielder Rabiu Ibrahim subject to a successful work permit application. New Bhoy in town: Celtic snap up Nigerian midfielder Ibrahim
Luis Suarez scored twice in the second-half and Ivan Rakitic was also on target as Barca joined Real Madrid on 81 points, although Luis Enrique’s side have played a game more. Espanyol 0-3 Barcelona: Visitors keep pressure on Real Madrid after Luis Suarez strikes twice in derby
Chelsea still hope to be active before the transfer market closes on Wednesday and are plundering Serie A at the behest of their Italian manager. Chelsea close to £25m deal for Inter’s Marcelo Brozovic as Antonio Conte looks to add aggression in midfield
Harry Kane may be on the verge of a brand new season with Tottenham, but the star striker appeared to have his mind firmly set on the last two campaigns; and who can blame him? Tottenham striker Harry Kane on a hat-trick as he pairs his Premier League Golden Boots ahead of bid for a third
… [Trackback]
[…] Read More Information here to that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Info on that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Information on that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Find More on that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Read More Info here to that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Read More here to that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Find More on that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Find More on that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Here you can find 85367 more Information on that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Find More to that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Read More here on that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Read More to that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
… [Trackback]
[…] Find More Information here on that Topic: tradingbtc.com/2018/06/25/tron-claims-its-blockchain-is-live-but-its-token-migration-isnt-over/ […]
The Rice Purity Test is an online survey originally created by students at Rice University to help incoming students adapt to college life. It serves as a self-assessment tool that asks respondents to check off a variety of experiences ranging from innocent to risky. The test’s questions cover various aspects of life, including dating, social interactions, and rule-breaking behaviors. Website : https://ricepuritytesttool.com/
THABET – THA Casino ✅✅ Link vào đăng ký, đăng nhập nhà cái THA BET số 1 Việt Nam tại thabet.ngo. Tải APP THA Casino cá cược thể thao, sòng bạc online, xổ số hấp dẫn. Thương hiệu nhà cái cá cược Thabet chính thức xuất hiện trên thị trường cá cược từ năm 2012 với rất nhiều ưu điểm cùng tiềm lực tài chính vững mạnh. Khi đến với nhà cái Thabet, anh em cược thủ sẽ được trải nghiệm cá cược với chất lượng dịch vụ tốt nhất trên thị trường, đa dạng nhiều sản phẩm cá cược cùng trò chơi đặc biệt hấp dẫn. Hiện nay Thabet mang đến nền tảng cá cược được đảm bảo an toàn, công bằng và minh bạch dành cho anh em cược thủ, do đó anh em hoàn toàn có thể tham gia cá cược tại đây. https://thabet.ngo/
Rakhoi TV là nơi anh em có thể thỏa sức tìm kiếm bất cứ thông tin gì và xem những trận đấu bóng đá trực tiếp không lo về bản quyền, chất lượng
https://midwestequity.com/
Rakhoi TV là nơi anh em có thể thỏa sức tìm kiếm bất cứ thông tin gì và xem những trận đấu bóng đá trực tiếp không lo về bản quyền, chất lượng
https://midwestequity.com/
Socolive không chỉ là một nền tảng phát sóng trực tiếp bóng đá, mà còn là điểm đến tổng hợp các thông tin mới nhất, tin tức nóng hổi và tỷ lệ cá cược theo thời gian thực.
https://www.smallforsenate.com/
FB88 – Nhà cái FB88 trực tiếp bóng đá đổi thưởng uy tín chất lượng hàng đầu Việt Nam. Vào fb88vn.info để trải nghiệm giây phút giải trí đích thực.
Website: https://fb88vn.info/
https://dinogame.app/
Dino’s Playlist What tunes does our dino jam to? Probably “Eye of the Tiger” or “Walk the Dinosaur.” ?