Tron Founder Justin Sun announces new DEX Trading Platform

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.

Blockmanity’s Take

Justin Sun is the king of crypto announcements and is on a spree with no signs of stopping. He is known in the industry for making a big deal about simple improvements. And looks like Justin Sun doesn’t fail to disappoint. Maybe Justin Sun looks up to Donald Trump for tweets?