4 Major developments in Tron TRX by Q2 2019

4 Major developments in Tron TRX by Q2 2019

Tron will be incorporating BitTorrent Speed, institutional-friendly multi-signature, launching a stable coin with Tether, and integrating zk-SNARKS.

Tron is currently the eleventh largest cryptocurrency in the world by market cap.

Misha Lederman, the co-founder of IAmDecentralized.org, shared on Twitter that Tron will be incorporating four major developments in 2019. "4 Major developments in Tron TRX by Q2 2019"

He tweets:

�4 major developments for #TRON in coming weeks & months of Q2:

1. BitTorrent Speed, $BTT

2. Institutional-friendly multi-signature & account management

3. USDT-TRON stable coin launch on #TRX blockchain

4. Implementing privacy option for transactions�

BitTorrent Speed

Tron�s userbase has gained significantly since acquiring BitTorrent last year for $140 million. To improve the functionality of BitTorrent and the BTT token, Tron developers are launching an application called �BitTorrent Speed.� This will reward network participants with BTT in exchange for bandwidth and seeding.

Institutional-friendly multi-signature & account management

Towards the end of February, Justin Sun tweeted that the details of Tron�s 3.5 hard fork. Sun said:

�TRON TRX will launch version 3.5 hardfork upgrade on 2/28. New Features: 1. Multi-signature crypto wallets and account management tools, institution ready 2. Dynamic energy adjustment to real-time network performance 3. 50% up performance & res usage 4. Better virtual machines safety, events server for the decentralized application.�

USDT-TRON stable coin launch

Tether, the company behind USDT, is planning to launch a stable coin on Tron main net. Jean-Louis van der Velde, chief executive officer of Tether, said:

�TRON team are announcing that this Tether collaboration with the Tron TRX Foundation.TRX integration tagline our commitment to furthering new innovation within the cryptocurrency world as we continue to anticipate the trading demands of the TRON community.�

Implementing privacy options

Tron TRX developer team is planning to integrate zCash�s zk-SNARKS. zk-SNARKS is a privacy blockchain technology which will provide Tron�s users the option to conduct private transactions. Sun stated the following in the �Bad Crypto� podcast:

�users don�t want their privacy coin stored by Facebook or Google because those people can more easily manipulate the data so they can push ads to you.so you don�t want to share those privacy data with them. That�s why I think decentralized technology has become a good way to do that and limit how much data you are required to share.�

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