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TRON launched its global online annual meeting and BitTorrent new product launch conference on December 17, 2020, Singapore time.  In the speech by Justin Sun, the founder of TRON and CEO of BitTorent, at the beginning of the conference, TRON announced that it will cooperate globally in 2020. It is also the only blockchain company in the blockchain industry that can cooperate with several mainstream industry giants. At the beginning of the meeting, Justin Sun gave a wonderful speech and focused on the important achievements TRON has made in partner expansion this year and the deployment and future development of TRON 4.0 in the great voyage era. The following is a compilation of the contents of Justin Sun’s speech. Let us review 2020 and gain insight into TRON’s blueprint for 2021. TRON Ecological Partner As the top Chinese public chain project, TRON’s international influence has increased rapidly and is limitless. We also hope to cooperate with large companies to support the TRON ecosystem and promote large enterprise-level applications. Fortunately, we have attracted the attention of a large number of Internet giants and well-known institutions and companies in the industry, and they have extended their olive branches to TRON and reached cooperation. In the past time, we have sketched out a blueprint for the future that new human beings aspire to, and have moved TRON towards large-scale quantification. Starting in 2019, Samsung began to support TRON in mobile phones. In 2020, Samsung Galaxy Store began to support TRON applications. Not long ago, TRON just announced its cooperation with Huawei. This is something that other public chains cannot do! I believe that TRON’s large-scale popularity is not far away. About cooperation with Samsung On October 9, 2019, I was personally invited to attend the Samsung Developer Conference； On October 30, TRON officially cooperated with Samsung ； In May 2020, TRON was officially launched on the Samsung Galaxy Store. The United States, Canada, South Korea, Australia, Philippines, Singapore and some European countries can directly see Dapps issued based on the TRON network in the app stores of Samsung smartphones. In August this year, Samsung officially issued a document stating that it would use the Samsung Blockchain Platform SDK to authorize users to use TRON DApp on Samsung devices to create an Android application that can integrate WebDApp and connect to hardware wallets. This means that through Samsung Blockchain SDK, your DApp will no longer be restricted by the PC platform. Submit your DApp to Samsung Galaxy Store to directly reach millions of users. Opera On October 22, 2019, the TRON wallet was added to the desktop and mobile browser developer Opera browser. This cooperation will enable the 350 million users of the Opera browser to send and receive TRX directly within Opera and experience the TRON DApp in the built-in DApp store. After Ethereum and Bitcoin, TRON becomes the third cryptocurrency network to be integrated with the Opera browser. Steemit On February 14, 2020, the decentralized social platform Steemit reached a strategic cooperation with TRON and officially joined the TRON ecosystem. Recently, the integration of Steemit and TRON was officially launched. With this strong alliance between the two parties, Steemit users can not only receive additional TRX rewards on top of the original STEEM rewards, but also join the TRON ecosystem. Steemit can also provide TRON users with a space for communication and sharing, promoting the better development of both parties' ecosystems. PNetPoloniex In 2019, TRON and P Network Poloniex officially reached a strategic partnership. P Network launched TRX futures, and P Network also launched futures. Professional experience. It actively listed coins during the DEFI period. It is known as DEFI's first exchange. They jointly launched JST, bringing more than 12.8 times of revenue to users. JST users made money. They were among the first exchanges to support usdt, btc, and eth, and entered China and Asia to provide users with a more down-to-earth experience. TRON 4.0 The Age of Discovery Since the mainnet was launched on March 31, 2018, TRON has gone through the Odyssey of 1.0 Exodus, 2.0 and 3.0, and completed its fourth major upgrade - TRON 4.0 on July 7, 2020. The content covers TRONZ anonymous protocol upgrade, TPOS new second-layer consensus mechanism, new TICP cross-chain protocol, enterprise-level one-click chain issuance, etc., and has greatly improved the security, compatibility, and developer friendliness of the public chain. This also marks that TRON has officially entered the era of great navigation and started the climax of the construction of the next generation of financial infrastructure. Super Representative Staking TRON modified the Staking incentive mechanism in Q4 of 2019. The super representative block reward was modified to 16TRX, and the block staking income allocated to the top 127 super representatives and partners was 160TRX, truly realizing a situation where everyone locks up and pledges dividends. The Staking economy not only represents an incentive model, but also a new outlet for community governance. The current total amount of TRX locked has reached 29 billion. Increase TRON resource fees On November 25, 2020, the TRON network officially approved voting requests No. 47 and 48: to increase the resource fees of the TRON network. After this proposal takes effect, more Dapp developers will freeze TRX, the amount of pledges on the entire network will be greatly increased, the TRX inflation problem will also be greatly improved, and the TRON network will be more secure and reliable. The TRON network is still the lowest-cost public chain. I believe that the TRON network will become more prosperous with the efforts of the entire community. In the future, TRON hopes to adjust the incentive mechanism of the entire network, focusing on motivating long-term belief holders who participate in online voting and staking. Through a virtuous circle, TRON will be built into a decentralized network with a good governance incentive mechanism, fast and efficient, and extremely competitive fees. Continuously strengthen the advantageous positioning of the most important underlying infrastructure and second-layer network in our industry. For developers and users, the TRON network is decentralized, safe, stable, low-rate, and fast. For super representatives and pledge holders, the TRON network has high returns and stable income, clearly motivating long-term believers. If Bitcoin is digital gold, then TRON is digital oil. TRON will become a necessary consumable for economic activities in the digital currency field! The future TRON will be both an operating system and the future financial infrastructure of mankind. I believe that with its excellent performance and strong ecological support, TRON will lead the entire industry to a new height. Mainnet account Judging from the number of mainnet accounts, the number of TRON network users has exceeded 17 million, which is 7 times that of EOS. As of December 15, 2020, Hong Kong time, the average growth rate of the number of TRON accounts has increased from 3,000 per day to 80,000-100,000 new accounts per day, an increase of dozens of times. Under the current circumstances, it will increase 4-5 times in a year. The growth in the number of Ethereum addresses is between a few ten thousandths and a few thousandths. In terms of the overall base and growth multiple, we can see that the growth rate of TRON is much higher than that of Ethereum. The goal of TRON in the next stage will be to achieve continuous breakthroughs in the number of mainnet accounts, reaching 50 million first. As TRON's globalization process continues to accelerate, we believe that over 100 million accounts will soon be within reach. TRON will become the public chain with the largest number of users, taking the world by storm like Android and iOS systems. block height Currently, the TRON block height has exceeded 25 million, and there has never been an accident caused by the public chain protocol. We do our best to ensure the smooth operation of every project on the platform. The TRON network has 294 super representatives and candidates, with more than 29 billion votes cast. Among the 27 super representatives, there are the world's leading computing power providers, exchanges with billions of dollars in daily turnover, and the world's most popular Dapp ecosystem. The community governance is diverse, stable and active. On the TRON network, by freezing TRX, users can not only obtain free bandwidth and energy, but also receive annual rewards of up to 7.2%. And we have already launched TRON fixed staking on many exchanges such as Huobi, Binance, and Poloniex. Transaction volume and transfers In terms of transaction volume, the total number of TRON transactions exceeded 1.39 billion, and the number of transactions in a single day was 6 times that of Ethereum.； The number of TRON transfers exceeded 360 million, and the number of daily transfers exceeded 1 million, which has already surpassed Ethereum. With the support of mainstream exchanges, wallets and other infrastructure, TRON is also the most complete among all public chains as of December 15, 2020, Hong Kong time. As of December 15, 2020, Hong Kong time, TRX has been listed on 130 digital currency trading platforms such as Binance, Huobi, Poloniex, OKEx, KuCoin, and MXC, with a total of 350 currency-to-crypto trading pairs and fiat currency trading pairs.； TRON contracts are listed on 10 exchanges ； Nine trading platforms including Binance, Huobi, KuCoin, MXC, and Biki have opened trading areas for TRX ； More than 60 wallets such as TronLink, Imtoken, Trustwallet, and Huobi Wallet support TRX. TRON's path of advancement has been obvious to all. The block height breakthrough is getting faster and faster, and the total number of transactions is also increasing by leaps and bounds. With the continuous development and growth of the TRON ecosystem, tens of billions of transactions are just around the corner. Especially as one of the top three public chain projects in the world, TRX is supported by many exchanges and wallets and loved by users around the world. TRON's globalization process is still accelerating. TRON will soon become the most supported public chain by exchanges, wallets and ecosystem parties. People around the world can use TRX anytime and anywhere, and TRX will become an entry-level digital token. Dapp Ecology Since this year, the TRON Dapp ecosystem has developed rapidly, and we have established a very large DApp ecosystem. As of December 15, 2020, Hong Kong time, the TRON ecosystem has included a total of 1,064 DApps. The scale of decentralized applications under the TRON protocol is growing, and in just two years it has continued to lead Ethereum in the number of transactions. Moreover, TRON is the only public chain with enough active users. The number of active Dapps and active users of TRON has far surpassed EOS and Ethereum, taking the top spot. According to data from the DappReview website, as of December 15, 2020, Hong Kong time, the number of active users of TRON Dapp was 2.3 times that of Ethereum and 7.2 times that of EOS, which is no longer an order of magnitude. Active users are the most fundamental manifestation of the vitality of an ecology. If you want to completely surpass Ethereum, it is only a matter of time. TRON has entered the era of decentralized finance. We expect that in the next year, the number of Dapps will increase to 3-5 times, surpassing Ethereum to become the largest Dapp platform in the world, and will become a 10,000-level and billion-level Dapp development platform in the near future. Developers around the world and the world's top electronic communications companies will introduce TRON as the basic network for Dapps. We will be the leader in decentralized applications in the future and the core of the decentralized financial world. TRON is not only the first choice for small and medium-sized developers to develop decentralized applications, but also the best choice for blockchain for financial institution-level enterprise users. In the future, we will continue to integrate the ecological resources of TRON and BiTorrent to create a Dapp with hundreds of millions of users, with blockchain technology that can handle tens of millions of daily active users, and integrate Dapp resources to perfectly integrate the Dapp with the token economy and exchange ecology. TRON will be the key to detonating the future Dapp ecology, and will also be the vane that leads the direction of the entire Dapp gameplay. SUN Network side chain At the same time, in terms of SUN Network, the block height of the TRON DappChain side chain has exceeded 12.5 million, the total number of transactions has exceeded 25.6 million, the daily circulation is more than 5 million TRX, the real-time TPS peak has reached 67 transactions/second, and it has fully supported more than 3,000 tokens. Using TRON's side chain, all human beings can easily build various intelligent applications and enjoy the decentralized financial world and dividends brought by the blockchain, such as financial contracts, stocks, futures and other financial derivatives, etc. Developer Ecosystem TRON provides developers with a relaxed and friendly development environment. We have also attracted many leading Ethereum developers to enter the TRON ecosystem and build their own applications on the TRON network. Bitgo chose to issue WBTC, WETH | Wrapped Bitcoin (WBTC) on the TRON chain to anchor Bitcoin at a ratio of 1 to 1. Currently, a total of more than 820 million US dollars worth of Bitcoin are in custody. Similarly, “Wrapped Ether” is pegged to Ethereum. By hosting the underlying assets BTC and ETH, BitGo allows users to mint “Wrapped Bitcoin” and “Wrapped Ether” to tokenize assets. AMPL, a new generation stablecoin asset, also chose to be developed on the TRON chain | AMPL is similar to Bitcoin. The difference is that AMPL can be used to price stable contracts due to its flexible supply policy. “TRON Ecosystem loves DeFi assets and functions that are at the forefront of the industry, which is why everyone is looking forward to AMPL so much. We hope that AMPL can form a deeper liquidity pool as soon as possible and be widely used in trading and mortgage as soon as possible. ” TRON holds developer challenges every year, the blockchain industry’s annual comprehensive summit niTROn SUMMIT, and launches some ecological alliance fund reward programs. We launched the "TRON DeFi Entrepreneur Ecological Alliance US$120 million Support Plan" in September this year. As of December 15, 2020, Hong Kong time, very outstanding DeFi developers have already signed up to apply. Many outstanding developers have quietly contributed to the TRON network. I would like to thank you all again and sincerely invite more outstanding developers to join us in building and sharing the great cause of decentralized finance. We can see that in the above speech by Justin Sun, TRON has not only achieved extremely successful results in external cooperation, but also enriched TRON 4.0 with more functions and optimization iterations. This approach of simultaneously cultivating internal strength and expanding the external ecology has been perfectly completed by TRON in terms of strategic execution. The BitTorrent |
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