Justin Sun, the head, and founder of Tron, as well as his team, are planning to present in the second quarter of 2018 a number of important updates. The expected launch of MainNet Tron took place a couple of hours ago, but the cryptocurrency is still waiting for a lot of changes, which are to be held in June.
According to the announcement of Medium from the Tron team, migration of tokens from the ERC-20 protocol to the public blockchain Tron, TRX, is scheduled for June 21. All transactions will be frozen from June 22 to June 23. After the 24th, all ERC-20 tokens will become invalid, and the team will provide full support to all transactions in TRX on a public blockchain.
TRX migration was supported by 19 exchanges, including Binance, Bitfinex, Bittrex, and Upbit.
Team’s plans for June
Further, on June 26, it is planned to hold elections for the High Representative Office. 27 representatives will be selected from a million users of Tron. All selected representatives will play a big role in the growth of the organization. The candidates will act as defenders of the entire Tron network.
TRX fluctuates between 9 and 10 in the ranking of the largest cryptocurrency. At the time of writing, the Tron rate is $ 0.61, and the market capitalization is $ 4 billion.