Justin Sun Explains How Tron TRX is Working To Develop a Sustainable Cryptocurrency Model

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Tron has a lot to offer, and Justin Sun is willing to prove it. The
creator of the popular blockchain that seeks to decentralize the
internet recently spoke with Inc. magazine and shared his views
on the reality of Tron and the current state of its cryptocurrency
TRX.

However, beyond this, what caught the attention of the
interviewers was the potential of this blockchain to change not
only the way value is transmitted but also to its capacity to
provide better data security and to create a decentralized internet
and promote decentralization of the economy.

Tron + BitTorrent: Introducing Crypto to 100+ Million Users
One of the critical points in the progress of the TRON roadmap
was the purchase of BitTorrent and the development of
integration between Tron and, so TRX is used as the native
cryptocurrency for BitTorrent. For Justin Sun,
Tron can significantly benefit from the number of
users that each day interact through BitTorrent, however, he
clarified that both projects are independent:
“One of the reasons we purchased BitTorrent, besides its
great team, is that we’ll be able to test scalability like no one
else, with 100 million monthly active users getting exposure
next year to blockchain …
TRON and BitTorrent will continue to work on separate
projects while orbiting each other and collaborating on that
goal of decentralizing the internet.”
The basic idea is to allow seeders to benefit economically by
transmitting content while leechers benefit from consuming such
material. Tron hopes to re-conceive how the public understands
the business of content distribution.

Research and Regulations: Building a Better
Future by Providing Clarity to the Crypto
Ecosystem

Likewise, Tron promotes a better quality of life for the world by
encouraging study and research in fields related to
cryptocurrencies and DLTs emphasizing its focus on TRX.
We think we stand out with our accelerator program because
it’s stable, more efficient and has lower fees associated with
it … The biggest issue really is educating developers
globally–first on ‘why blockchain?’ and second on ‘why
TRON?’ That’s why we recently launched the $1 million
(USD) TRON Accelerator DApp competition. By giving prizes
totaling that $1 million, the developer community gets to…
execute their ideas or projects on TRON.

Sun also told Inc. that Tron developers do not overlook the
important role regulations play in the ecosystem. To this end, the
man in front of Tron hired personnel specialized in legal
compliance and have maintained a permanent relationship with
his followers to promote transparency in every legal action
undertaken.
We are operating under the assumption that regulation will
come to the industry in many places … In many ways, it will
be necessary to legitimize the market and separate good
practices from bad. We recently hired a chief compliance
officer to make sure we’re always a good partner with our
community and with governments.

“Blockchain Needs Nurturing”
In addition, Tron’s successful development has allowed the Tron
Foundation to conduct various charity events. Recently, the Tron
Foundation donated 3 million dollars to the Binance Charity
Foundation, to promote projects that create meaningful solutions
in the area of global sustainable development. In this regard, Sun
said:
Blockchain is a collaborative environment; it needs
nurturing. We were thankfully in a good financial position to
serve as an example to others that long-term thinking and
support is what’s needed to boost the industry in general.

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