Tron Founder Justin Sun announces new DEX Trading Platform
Tron CEO and Founder, Justin Sun just announced on Twitter that Tronscan.org and TRX.market will jointly be launching a new TRX Decentralized Exchange (DEX) trading platform.
The platform is set to be released in 48 hours and will support both TRC-10 and TRC-20 token together.
https://t.co/8NHG3hr5TT and https://t.co/1rd0MKuqEn will jointly launch a new #TRX dex trading platform with powerful engine in 48 hours. New dex supports TRC 10 and 20 together! Looking forward to seeing it! #TRON #TRX
— Justin Sun (@justinsuntron) December 10, 2018
Just last month, Tron’s first decentralized exchange went live on Tronscan with six tokens being listed. The new exchange features a new engine and the support for both TRC-10 and TRC-20 tokens. TRC-10 is the native token standard on the TRON blockchain, while TRC-20 is the standard used for smart contracts on the TRON Virtual Machine, and is fully compatible with Ethereum’s own ERC-20.
Other developers have already released similar DEX but this one is officially from Tronscan, which is a part of Tron Foundation.
Even in the bear market, Tron is able to gain a lot of attention and still remain seated in the top 10th position among thousands of other Cryptocurrencies. Tron has been able to get a lot of traction, Sun announced that he plans to include privacy features like Zk-Snarks in Tron eventually, the network has managed to grow consistently in terms of the number of accounts and daily transactions.
Sun also has put forth a new proposal to attract developers from the Ethereum and EOS ecosystems by building a new fund. dApps like Bitizens have already migrated to Tron from Ethereum due to scalability issues.
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