Tron Begins Transition to Its Own Blockchain
Tron (TRX), the tenth-largest cryptocurrency, has begun the transition from the Ethereum network to its own public blockchain.
The Tron mainnet — dubbed Odyssey 2.0 — officially launched on May 31 at 12 am UTC, initiating the first step in moving the $4 billion cryptocurrency to an independent network.
The network will remain in beta for most of June, providing developers with the opportunity to configure their wallets and browsers before the network goes live. Token migration will occur from June 21 to June 24, when users must deposit their ERC-20 tokens at participating cryptocurrency exchanges to receive an equivalent number of TRX on the new blockchain.
The transition will culminate on June 25 — a date that developers have dubbed “Independence Day” — when the Genesis block will propagate across the network and investor predictions that Tron will be an “Ethereum killer” will finally be put to the test.
Tron (TRX), the tenth-largest cryptocurrency, has begun the transition from the Ethereum network to its own public blockchain.
The Tron mainnet — dubbed Odyssey 2.0 — officially launched on May 31 at 12 am UTC, initiating the first step in moving the $4 billion cryptocurrency to an independent network.
The network will remain in beta for most of June, providing developers with the opportunity to configure their wallets and browsers before the network goes live. Token migration will occur from June 21 to June 24, when users must deposit their ERC-20 tokens at participating cryptocurrency exchanges to receive an equivalent number of TRX on the new blockchain.
The transition will culminate on June 25 — a date that developers have dubbed “Independence Day” — when the Genesis block will propagate across the network and investor predictions that Tron will be an “Ethereum killer” will finally be put to the test.