Blockchain

TRON 4.0 Will Officially Launch on July 7th

TRON blockchain founder Justin Sun has officially announced the launch date of TRON 4.0. In a medium post titled “An open letter to the community”, Justin Sun confirmed the launch of TRON 4.0 mainnet as the 7th of July 2020.

The official launch of TRON 4.0 signifies the stunning transformation of TRON from being a blockchain-centered project to an industry trendsetter. It illustrates the evolution of TRON, from achieving smaller victories, to being a sector leader and innovator.

quoted from Justin Sun’s announcement

The TRON 4.0 launch will introduce a new Smart Contract Privacy Protocol using zK-SNARKS protocol which stands for “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge,” and refers to a proof construction where one can prove possession of certain information, e.g. a secret key, without revealing that information, and without any interaction between the prover and verifier.

In an elaborate blog post, the TRON Foundation has explained all the key features that the 4.0 upgrade will bring to the TRON mainnet. More specifically, it elaborates that major upgrades that smart contract protocol will bring to the platform. This includes diverse and shielded transactions, efficient smart contracts, verifiable transactions, etc.

Sying Tien

Professional Trader, Social media scholar and a Crypto expert. If you have any comments, suggestions or questions feel free to contact me at sying.tien@thecoinspost.com and i will get back to you shortly.

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