The much anticipated TRON (TRX) secret project has been unveiled and the resilience of the community is set to be rewarded with a TRX airdrop according to a series of announcements from Justin Sun and the TRON Foundation. Last month’s promise appears to have been fulfilled and now the platform has introduced Atlas as the secret project.
Project Atlas will add more efficiency on the platform as TRON seeks to integrate BitTorrent into its system, since the acquisition of the “torrenting outfit”, many enthusiasts have been wondering how it will help the coin to remain relevant in the market and reality seems to be downing. The announcement comes at a time when the TRX price is struggling and this might mean a breakout in the coming days now that the network is fully independent.
TRON, TVM and BitTorrent Implications
During the Independence Day celebrations, Justin Sun, the TRON founder, hinted about the TRON Virtual Machine and a secret project and the community was anticipating the unveiling of BitTorrent only to be surprised with the introduction of project Atlas. Project Atlas will is a major boost to the entire TRON framework that will see the Mainnet and the coin scale the heights in efficiency.
The project is reediness for the anticipated 100million plus BitTorrent users into the TRON Mainnet. The July 30 news has caught the community by surprise and is set to spur increased activity around TRX as this will see increased reliability, high transaction speeds and security for a truly decentralized platform.
TRON and BitTorrent will work together for a better future for the entire community. The TRX coin will be the biggest gainer in terms of adoption and value growth. With the launch of TVM, the Justin Sun announcement on twitter says in part:
“#TRON’s # TVM beta launched today! 15 GRs have been replaced by #TRONSR Block height has reached 1M+. 40+exchanges have completed token migration to $TRX, Project Atlas with @BitTorrent will bring forth great future for both! TRON to the future!”
The statement further adds that:
“The acquisition enables TRO and BitTorrent to become the Largest decentralized ecosystem in the world. Currently we are exploring the possibility of using the TRON protocol to improve the BitTorrent protocol, in order to make BitTorrent protocol faster and lengthen the lifespan of BitTorrent swarms. I hope the integration of TRON and BitTorrent will allow both parties work better as one in the future.”
TRON goal is to beat Ethereum by increasing the number of transactions per day and this will see TRX have more market influence in the future:
“The TRON network will serve as the underlying protocol of the Secret Project. Hundreds of millions of BT users across the globe will become part of the TRON ecosystem. BT will be the largest application on the TRON network, which will allow TRON surpass Ethereum on daily transactions and become the most influential public blockchain in the world.”
TRON (TRX) Airdrop Announced
In a move seen by many as appreciating the support from the community in the last three months, Sun has announced a TRX airdrop that will run till 3rd August. The announcement came soon after the TVM beta launch. Through his twitter account, the TRON founder has said:
“#TRON #TRONICS, here are some $TRX for you! Watch @justinsuntron’s live stream now and celebrate #TVM launch with us! The first place has a chance to win 3333$TRX! Go and get your #TRX! Hurry up! Click the link to win $TRX rewards.”
Already there are more than 3,500 entrants and to take part, toy need follow the TRON fonder on twitter, retweet his posts, follow the TRON foundation on Instagram and as a participant; you need to have your referral code.
However, after the announcement, TRX price is still in the red trading at $0.035371 after shedding 4.96% to the dollar and 4.75% to Bitcoin. Many TRX holders and followers had expected the good news to give the coin a push north but only a total of $191.6 worth of TRX have changed hands in the last 24-hour trading period.