Home Altcoins News TRON Network (TRX) Upgrading developments in blockchain like ETHTRON BTC Smart Contract and NFTs

TRON Network (TRX) Upgrading developments in blockchain like ETHTRON BTC Smart Contract and NFTs

TRON Network TRX

Justin Sun spoke about how the circulation of ETH on TRON (ETHTRON) reached 60,000. For clarity, ETHTRON is a TRC20 token-based on TRON, which injects Ethereum’s value to the TRON network. Its advantages lie in reliability and efficiency. Easy conversion of Ethereum into TRC20 assets with guaranteed acceptance.

TRON Foundation recently spoke about the kind of projects which will win the prize in the Hackathon contest.  He stated that if you can build something on TRON to make use of BTC with high scalability smart contract solution, it will be very promising. He pointed to how the Bitcoin blockchain is not smart coin enabled. So, he stated, “if you can do something about enabling such a feature on TRON with a very high stability smart contract solution, I think is also very interesting.”

So, he feel that Bitcoin holders can enjoy the smart contract with instant fees, with zero fee, I think you can create lot of power on the TRON network by working with BTC on TRON.

On March 31, 2021, Justin Sun recollected how it has been 3 years since the first launch of TRON testnet. And now TRON has been one of the biggest public chains in the world.  Boasting over 26 million accounts and 1.7 billion transactions, TRON is the world’s fastest-growing public chain.

Recently Sun spoke about a super rare NFT – the first edition of the Time magazine – “TIME The Computer in Society – April 2nd, 1965 Edition 1 of 1.”

He further stated, This piece was created by Artist Boris Artzybasheff and recommended by Benioff.  Boris’s specialty was creating art by drawing personality into complex machines. So excited to add this to JUST NFT collection.

Kudos to this historic piece of TIME magazine cover and Keithgrossman for turning this into modern day digital art! Huge thanks to Benioff for embracing this blockchain trend.

About Uploading, Metadata to the BTFS Network it has been stated that “BitTorrent File System (BTFS) is a next-generation file-sharing protocol utilizing the TRON network and the BitTorrent ecosystem.

Metadata is the detailed information of the NFT token. It is stored off the chain. Generally, the issuance of an NFT token will specify a URI path that points to the Metadata data of the token.

The whole process requires the installation of BTFS and uploading of files to the BTFS network, which in turn requires BTT as the payment method.  There are details examples in this regard, and users should visit the instruction page accordingly.

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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