The creator of TRON (TRX) Justin Sun has hinted recently that TRON will have another project soon, starting on July 30th. There is currently no information on what Sun calls the ‘secret project’, which has led many to wonder – what is Sun planning next?
TRON’s many achievements
Even after all of the successful projects that TRON has had in the recent months, this cryptocurrency still doesn’t show any signs of stopping. And there were many, many victories for this crypto recently, and if we were to only talk what TRON has managed to do in June alone, it would take us a long while.
Apart from achieving a lot recently, TRON has also promised a lot. Following the launch of the MainNet, TORN has spent weeks uncovering new features that the MainNet will offer. Additionally, there was even an announcement by Tronics University, which is a platform based on TRON’s MainNet that will focus on offering education regarding cryptocurrencies and the blockchain technology.
"A university should be a place of Light,of Liberty,and of Learning"
Decentralised education for the new decentralised world
— Team Tronics (@team_tronics) June 24, 2018
The announcement did not really offer a lot of detail, but the post did allow the idea that the students might be incentivized to learn.
It’s important to mention that Tronics University is not truly a TRON-backed project. Instead, it belongs to Team Tronics, who was participating in the election for TRON’s Super Representatives.
Justin Sun mentions a secret project
Nearly two weeks back, when Justin Sun decided to commemorate TRON’s Independence Day by speaking in a live stream, he mentioned something that has caught the attention as well as the imagination of many of TRON users. He first congratulated the team for managing to meet all the deadlines and follow TRON roadmap with extreme precision. He reflected on all that the crypto has managed to accomplish so far, and has stated that the next important milestone will be July 30.
Not only that, but Sun also mentioned that this is the date when TRON’s new secret project will start, or at least be revealed. Finally, he promised that this will also be the date when TRON Virtual Machine will be delivered.
This has left the coin’s community quite astounded, and everyone is (im)patiently awaiting the end of July.
TRON Virtual Machine is coming soon
This mentioning of the TRON Virtual Machine is, of course, nothing new, and the team has already launched the project’s alpha version on May 25. The Virtual machine’s purpose is to help MainNet developers to make their very own versions of the blockchain. That would directly allow coin creation, as well as the use of smart contracts.
Sun has described this new blockchain as convenient, scalable, efficient, and secure. This might be a big game-changer for TRON, considering how most of the smart contracts were being created on Ethereum. However, TRON’s decision to enter this field has brought several advantages to those who decide to go for TRX instead of ETH.
One of the biggest advantages is the fact that the Virtual Machine is going to be free for operating both smart contracts, as well as performing transactions. TRON’s goal is to deliver a product that will make the developers’ jobs easier and more economical, which will lower the entry barrier for new MainNet developers.
Obviously, TRON is no more only a cryptocurrency at this point. Instead, it is trying to completely change the online entertainment world, and it plans to do so through the use of the decentralized network. Of course, TRX is still an important part of this plan, since it acts as MainNet’s backbone. It can and will be used for pretty much anything, from gaming to academic portals.
As for the secret project that Sun has mentioned in his speech, both the TRON enthusiasts, as well as the rest of the crypto world, can only speculate on what it might be about. At least until June 30th, when Sun has promised to unveil where TRON is planning to go next.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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