TRON Leaves Ethereum, Moves To Its Own Blockchain

Today, cryptocurrency TRON, one of the top 10 cryptocurrencies in the world announce that it has launched its own beta version of blockchain. Previously, TRON (symbol: TRX) was on Ethereum blockchain.

TRON blockchain is in beta currently but expected to go live sometime in June month. According to a news published on CoinTelegraph, the TRON will use a new Java-based MainNet with a Proof of Stake (PoS) consensus algorithm. TRON’s developers claim their internal tests have shown that the network is “400 times faster” than Ethereum’s.

Currently, TRON is #10 in the market cap according to Coinmarketcap. The currency is valued close to $4 billion USD with current coin price $0.06, that is down from its all time high $0.21.