Home Altcoins News TRON (TRX) to Achieve Complete Decentralization by Giving Birth to TRON DAO

TRON (TRX) to Achieve Complete Decentralization by Giving Birth to TRON DAO

TRON (TRX) to Achieve Complete Decentralization by Giving Birth to TRON DAO

TRON DAO expressed:  Foundation has settled to dissolve itself on July 25, 2021, which fits better into the next development stage of TRON. TRON DAO is tipped to leverage the TRON protocol to decentralize the Internet while boosting effective governance for community members.

At present, the total number of TRON accounts has exceeded 70 million. TRON is showered with a myriad of decentralized projects in stable coins, wallets, storage, exchanges, lending, liquidity mining, cross-chain applications, Oracle, social media, games, etc.

Led by the founder, supported by developers and super representatives, TRON established itself as one of the top public chains and eventually transformed itself into a fully decentralized and self-governed organization and gave birth to TRON DAO.

There has been a recent announcement about the restructuring of TRON Foundation as TRON DAO.

Reportedly, “TRON Foundation, having completed its historic mission of guiding the community, was officially dissolved on July 25, 2021. The three nodes run by the Foundation — justinsuntron, BitTorrent, and utorrent — also quit TRON Super Representatives in December. Today, the 27 nodes that run the TRON network are all from our community. This marks the restructuring of TRON Foundation into TRON DAO, a much-anticipated organization recently launched with support from the community.”

With the coming of TRON DAO users will be able to participate in governance and decision-making in a fairer, freer, and more flexible fashion. Users will also enjoy the complete range of rights to engage in and decide the future of the TRON Protocol.  Also, the voice and needs of the community will as well be heeded as much as possible.

For the TRON Protocol, TRON DAO is expected to cement community consensus, boost users’ engagement, and deliver the decision-making process to be one that is more transparent, secure, and decentralized.

Strong community engagement is important to ensure TRON DAO permits governance and decision-making to be fairer, freer, and more flexible. Users will be enjoying the full range of rights to engage in and make decisions about the future of the TRON Protocol.  The voice and requirements of the community will be heeded as much as possible.

Reportedly, TRON has a myriad of decentralized projects in stable coins, wallets, storage, exchanges, lending, liquidity mining, cross-chain applications, Oracle, social media, games, etc.

TRON is all set to achieve complete decentralization by giving birth to TRON DAO.  TRON is dedicated to accelerate the decentralization of the Internet via blockchain technology and decentralized applications (DApps).

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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