Tron Launching Sun Network
The Sun Network, a highly anticipated expansion to Tron’s original blockchain service, will be launching on August 10th. This information was revealed through a Twitter Posting by Tron Founder, Justin Sun. The first version of the Sun Network will provide scalable solutions at a 100x. Developers on the service will be able to create decentralized solutions via sidechains.
The official tweet reads as: “Sun Network Plan is an expansion plan for Tron main network ecosystem. It includes smart contract application-oriented side chain, cross-chain communication and other expansion projects. DAppChain is a customizable side chain expansion project related to Tron smart contracts. These allow DApps to run with deficient energy consumption, high security, and high-efficiency online operation.”
In a secondary tweet, Justin Sun elaborated on the Sun Network. He revealed that the upcoming ecosystem would maintain a $0.00 Transaction Fee. Tron is also guarantying that faster transactions will be increased by 10x. The official tweet from Justin Sun reads: “With different parameters, DAppChain smart contract transaction can increase the maximum execution time of the transaction by ten times or more from 50ms, thus supporting complex, intelligent contract transactions.”
The Sun Network will be ensuring that transactions will maintain a good consensus with sidechain by using the DPOS Mechanism. Allowing for both sidechain and main chain smart contracts will allow for the incredible diversity in how clients manage transactions.
The Controversial Year
It’s surprising to see Tron announce the Sun Network so quickly. It was only earlier this year that one of the co-founders left the company. He claimed that the new network is incredibly centralized, with a small percentage of nodes controlling 90% of the services available. The company was also accused of illegally fundraising money for its upcoming network by working with illegal gambling services from China. Justin Sun has deterred all the claims made towards his company & himself.