Tron (TRX) Hard Fork to be Launched Soon - Upcoming TRX Events Details

[Maria Dent]

It looks like Justin Sun likes being the highlight of the crypto development, obviously for positive reasons. It's not been long that TRON launched BitTorrent (BTT) token which created frenzy and excitement amongst the crypto enthusiasts. The dust of BTT launch has still not settled down, when Justin Sun, the creator of TRON, announced via tweet that TRON would be undergoing a major 3.5 TRX hard fork upgrade on 28th February 2019 ( a backward incompatible upgrade) which would make it ready for partnership with BitGo. TRON upcoming events are almost one of the most sought after news that the crypto enthusiasts are looking out for, now that the major TRON (TRX) event is the hard fork upgrade.

Here’s a detailed understanding of the new features that TRON hard fork will be serving:

#1 Multi Signature and Account Management

The multi-signature upgrade is a huge development wherein it leads to more and advanced security system by developing the need for more than one authorization for the transaction validation, which helps create a form of division of labor while performing a transaction. This would act as a big step for the BitGo collaboration and it would be ready for any challenge when it comes to any sort of security threats.

#2 Dynamic Energy Adjustment To Real-Time Performance Of The Network

Once you know the requisition from the demand side, it enhances the energy efficiency of the blockchain network. This process is called dynamic energy management. As we know, large consumption of energy is a major concern in the blockchain technology, This feature would help TRON streamline its energy consumption, which is a big solution for higher efficiency. This dynamic energy is so important that it can mend the entire performance of the network. Recently, Elon Musk, the founder of Tesla said that the only reason why Tesla can’t go into the crypto industry is because of its high energy consumption factor, which is not exactly at par with the company’s vision.

Read here to know about Tron hard fork in detail: https://coinswitch.co/news/tron-hard-fork-to-be-launched-soon-upcoming-trx-events-details

[Xalata]

This is great news and i hope this hardfork is going cause the rise in the price of TRX because i have been holding a substantial amount for quite a while now and i hope i can sell some off. Anyway TRON is one of the fastest blockchain network in the cryptospere and i believe this hardfork will further strengthen it's blockchain security and enhance user experience.

[slaman29]

Maybe he and other people think this is a positive reason but all these hard forks seem to indicate one thing to me, that the developers never really had a fit project launched to the public. This is very different from ETH hard fork, where it was with a lot of deliberation. First this, then what? Every time we think Justin needs another highlight we do another fork?

[Maria Dent]

Maybe he and other people think this is a positive reason but all these hard forks seem to indicate one thing to me, that the developers never really had a fit project launched to the public. This is very different from ETH hard fork, where it was with a lot of deliberation. First this, then what? Every time we think Justin needs another highlight we do another fork?

We mustn’t forget that even Ethereum has announced the major Constantinople hard fork upgrade sometime between Feb, 26 and Feb, 28th, 2019. Even the TRON hard fork date is a couple of days away. So, it looks like the shortest month of the year has got some critical and prominent crypto events running. This is exactly what Justin Sun tweeted about 4 major developments that would be following the hard fork, which shall be explained in the latter part of the article.

Justin Sun Tweet: #TRON will launch 3.5 hard fork upgrade on 2/28. New Features: 1. multi-sig and acct mng, institution ready 2. Dynamic energy adjustment to real-time network performance 3. 50% up performance & res usage 4. Better VM safety, events server for Dapps. Go! #TRX $TRX

As of now, dapps are being developed on TRON and EOS increasingly as both of these smart contracts have overtaken Ethereum since TRX mainnet launch, in terms of the number of applications launched on their respective networks. TRON claims that its platform offers more flexibility to the developers leading to compatibility with the projects and smart contracts. The reason for this hard fork upgrade is numerous demands from mainstream investors, hedge funds and financial institutions, as given by Justin Sun, himself. We will update you on the Tron next announcements, based on the TRON roadmaps and updates.

[JuggSlash]

Is this even real that trx goin' to do hard fork? Is there any clarification from the developer to legitimate this information?

[septi.JR]

I have been waiting for a long time hardfork for project from Tron that are very brilliant and in accordance with the roadmap that was built, thus proving that this project is real and growing rapidly, starting with ico which uses the ethereum platform and creates its own blockchain. With the DEX market and the results of smart contracts that I really admire

[Betwrong]

Is this even real that trx goin' to do hard fork? Is there any clarification from the developer to legitimate this information?

Yes, it's real. The following is a pinned tweet on Justin Sun's twitter, you can check it out yourself:



For some reasons, the price of TRON hasn't reacted the way one would expect, staying at the same level where it was just before the announcement, around $0.024.

[traderethereum]

So let's wait for the hard fork, and we hope that the price can increase before and after the hard fork. When TRON can increase, I think BTT can increase too although I don't have much of that coin.
Who knows, before the hard fork happens, the price can reach $0.05, and after the hard fork, the price can increase higher.

[koincik]

BTT airdrop after the TRX price to increase the cost of anything left I guess. The price of TRX continues to fall slowly. We will also look at the prospect of the regression to 600.

[Stanlo]

In my opinion tron is a very capable cryptocurrency ,it keeps getting better and better and there is one thing I like about tron since launched ,they erase many scam projects running on there blockchain ,something other compared cryptos can't do ,i m sure there will be wars on the future between neo, tron and Ethereum

[Bitcotalk]

This is a great news and also another opportunity to make a lot of free money just as the trend was in the 4th quarter of 2017. Just make sure you get a lot of coins in your possession and you can dump them for bitcoin after the time the hard fork as occurred, also make sure that this wallet in which the coin are stored are not centralized wallet but a wallet to which you have the private key or they support the fork.

[sjbi]

It is good news that Tron's hardfork is coming. I think projects have started feeling it the need to upgrade themselves and stay competitive in the competitive market. Concerning the coin, I like it very much and I think it has a bright future. I have also bought some tokens. And the coin is projected to reach the moos in the coming months ($0.30).