mainnet iteration of TRON 4.0. Addressing the community in an open letter on Medium, the Tron Foundation says that TRON 4.0 will be officially online on July 07, 2020.
TRON has successfully undergone three major iterations since the company launched its main network on June 25, 2018. And TRON 4.0 is the fourth iteration that the company will adopt next month on July 7.
The launch of TRON 4.0 will start a pivotal moment in the history of blockchain
While announcing the news on Twitter, TRON CEO and founder Justin Sun said the launch will mark a pivotal moment in the evolution of the TRON blockchain .
According to the TRON Foundation , the upgraded TRON 4.0 has various key features. It now contains the first smart contract privacy protocol known as TRONZ's smart contract privacy protocol that uses the zk-SNARKS protocol and supports a virtual machine. Currently, it is the safest and most productive protocol. Other features include the dual layer TPOS consensus mechanism and a new inter-chain TICP protocol.
"TRON 4.0 will become the gateway to financial institutions"
Describing TRON 4.0 in more detail , the Tron Foundation says that it is not only a question of creating DApps, but that it will in the future become a gateway for users and financial institutions to enter the world of blockchain through it. The Tron Foundation briefly explains TRON 4.0 in these terms:
" TRON 4.0 is not only the manifestation of the TRON vision " Decentralize the Web "but also the construction of a financial infrastructure for the next generation. It will not only be the first choice for small and medium developers when creating DApp, but it will also become THE gateway for financial institutions and business users to enter the world of blockchain. TRON 4.0 does not only concern DApps, but also decentralized finance. "
As soon as TRON 4.0 is launched , the Tron network will move from a blockchain-focused project to an industry pioneer, as the company claims in the announcement.
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I am staking tron on Poloneix and I really see a lot of potential in it. Hopefully Justin Sun will fulfill his promises and claims.