Justin Sun, the CEO and the founder of TRON plans to achieve even more despite TRON’s growing ecosystem. Looking at his developments seems like he is not going to stop at any point. Justin Sun is now focusing on developing the most important blockchain network of the world.
Recently, Justin Sun the head of TRON foundation spoke about the growing cryptocurrency ecosystem and about the decentralized applications (Dapps) developments. Dapp is dominating the crypto world and continues to.
Justin Sun’s next step is to launch around 2,000 Dapps on its blockchain network by the end of 2019. He is confident of achieving the goal. However, the project has received a lot of criticism from the community.
If you want to know the success of a blockchain network you can understand it by finding the number of projects developed across the network. When relating to growth, Tron is stronger than other coins because it is the only blockchain that registers a maximum amount of Dapps regularly. Tron has defeated its rivals namely, NEO, Steem, EOS and Ethereum.
Justin Sun said regarding its latest Dapp development that the project is very much challenging and can only be achieved if the platform maintains the same kind of space that it is registering today.
Tron head said: “We already have nearly 300 on Tron in just a few months, and we aim to get to 2,000 by the end of this year.”
TRON (TRX) is the largest platform of creating a decentralized application; Justin Sun noted that the price volatility is a big concern in the crypto market as it might create more doubts for the long-term industry prospect.
Head of Tron Foundation, in his recent post published on April 17th elaborated that “companies and institutional investors are sitting on the side-lines and not utilizing blockchain or cryptocurrency as a form of payment because” of high instability of cryptocurrencies prices.
TRON Blockchain Supports USDT Tokens
USDT token based on TRC-20 standard has recently been launched by TRON. This means, majority of transactions executed with the strongest Stablecoin will run on TRON network in the market; will attract more users towards this blockchain.
TRON announced in a blog post that: “[High volatility in cryptocurrency prices] is a big reason why we need Stablecoins on the TRON network. By implementing a [TRC-20 based] USDT on [the] TRON blockchain, we’re taking a [huge] step into a world representing stability- and into the world of decentralized finance.”
South Korean users will be allowed to make USDT based payments, quickly and effectively. They can transfer the USDT to their relatives back in Israel or send them to other nation across the world. The Asian suppliers will be paid by the consumer electronics manufacturers and will monitor the movement of their goods at every step, Tron foundation stated.
Justin Sun mentioned that developing USDT on the TRON blockchain network is a big win for the industry and also for the community. Various users can now trade with TRX, BitTorrent (BTT), USDT and others.