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Tron [TRX]’s Justin Sun – “July 30th we will launch one of our secret projects”

Ranjitha Shastry



Tron [TRX] 's Justin Sun- "July 30th we will launch one of our secret projects"
Source: Unsplash

The Tron mainnet launch is ongoing and Justin Sun who was present at the live streaming spoke about their genesis block and a secret project that they have scheduled on July 30th along with the official launch of the Tron “Virtual machine”. One of the avid viewers of Tron found an “easter egg” [unexpected or undocumented feature] in Tron’s genesis block that read:

“A new system must allow an existing system to be linked together without requiring any central control or coordination”

Justin Sun said that is an interesting verse they have written inside their genesis block. They have borrowed it from Tim Berners Lee – the inventor of  “World Wide Web”. Sun said their idea is to make internet decentralized “again” and for this, they are trying to insist on Tim Berners Lee’s idea. Placing this verse on their genesis block ensures that everybody understands that “The Tron Foundation” is working to base their idea on the original idea suggested by Lee, which Sun calls as the “genesis block of the internet itself”.

While speaking about the importance of Virtual machine that is scheduled to be launched on the July 30th he also revealed about the “secret project”. He said:

“I think one of the most important values of Tron is we delivering our products and mission on time. So as you see, we delivered our testnet on the March 31st, our mainnet on may 31st, and officially are launching our mainnet on June 25th. The next very important milestone is July 30th- we will deliver our official virtual machine. All the decentralised exchanges and applications on the Tron platform are plugged into the Tron ecosystem. July 30th we will launch one of our secret projects”

This “secret project” he said, will result in a 100 million active users using Tron platform in the future and that they are eagerly looking forward to launch this project. He added that the “secret project” will be more significant than the mainnet launch that’s happening today.

Talking about the virtual machine he added that it will give power to the developers to make Tron better. While the Mainnet delivers the blockchain, the virtual machine is what delivers the “operating system” and this is an important aspect for the developers to work on a decentralized network. Sun said:

“I think July 30th will begin a new era for Tron”

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Ranjitha Shastry is a part of AMBCrypto's News Reporting Team. Having done her major in Journalism and mass communication, she is passionate about business and economic journalism.


Binance Coin surges by 9% in 24-hours after DEX announcement; breaks out of ‘saucer bottom’ pattern




Binance Coin surges by 9% in 24-hours after DEX announcement; breaks out out of 'saucer bottom' pattern
Source: Unsplash

Binance Coin [BNB] is nothing short of becoming the best performing crypto asset of 2019, as it creates higher highs every day. In a recent surge, BNB went up by approximately 12% in 24-hours breaking out of the ‘saucer bottom’ pattern.

BNB has been on a bull run since December 2018, it has surged by approximately 470% since that point. In the last 24-hours, the price was up by approximately 12% from wick-to-wick.

Source: TradingView

Moreover, the rise in the price over the day can be attributed to the announcement by Binance DEX, that was launched recently. The tweet read:

The new update will convert the BNB, which is an ERC20token, into BEP2, it will be called the “mainnet swap”. Furthermore, users have to convert their ERC20 tokens on Binance, the details of which will be released in the near future.

In addition, Mithril, a cryptocurrency project has announced that it will be the first project to migrate to the Binance Chain. It tweeted:

“$MITH token holders on the new @Binance_DEX will be the first to experience increased speed, security, and user friendliness while maintaining full control over their funds.”

A Twitter user, @carlitosblvd123, commented:

“So , all BNB we have now like erc20 in binance exchange and on trust wallet will be converted to bep2 automatically or we have to do anything to happen?”

@jigneshon, another Twitter user commented:

“Crypto Revolution will happen on 23rd April when Binance Chain Genesis block will be created. 🔥”

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