Justin Sun recently announced that the Sun Network testnet will be released on 30th May 2019. The Sun Network is a new additional layer of decentralized architecture that is designed to improve the scalability and transaction capacity of the Tron Network.
The additional new protocol on Tron is named after the founder and CEO of Tron, Justin Sun. He announced the launch of the Sun Network via a tweet:
#SUNNetwork is almost here #Dapp sidechains, cross-chain infrastructures and some other expansion projects are coming! #SUNNetwork will further expand the overall capacity of #TRON network, improve the overall TPS and smart contract execution efficiency of #TRON. Stay tuned!
Phase One: TestNet
It will begin will off-chain confirmations on the sidechain smart-contracts to unlock the unlimited transaction ability of Tron. This will also remove all doubts regarding the capacity of the network to handle a large volume of the transactions on applications like BitTorrent.
Phase Two: Mainnet Launch
The plan includes dapp sidechains, cross-chain infrastructure, and some other expansion products. The mainnet launch of the Sun Network is scheduled for later this year on 10th August 2019. The mainnet launch will further allow for active development and participation from the community to build the decentralized extension network.
The Sun Network is being built as an ecosystem which will interact with the Tron Network to enhance its capabilities and reduce the bottlenecks of implementing new protocols on the chains.
Phase Three: Optimization
The side chains on the Sun Network and the performance of the entire network will be analyzed for the next month post which easy deployment of side chains will be facilitated. The optimization will be done as an update to the Sun Network to address run time issues and to enhance the ease of access for the users.
Do you think that Tron will surpass EOS in terms of volume of transactions and number of Dapps with this new announcement? Please share your views with us.
The post Tron Founder, Justin Sun Announces The Launch Date of the ‘SUN Network’ appeared first on Coingape.