One week ago, Tron CEO and founder Justin Sun announced a scalability solution for Tron called the Sun Network. Yesterday, Sun tweeted to declare the official release of the first version of its code. The v1.0 code is for the side chain on which the Sun Network will function.
Among #SUNNetwork, #DAppChain is a side chain scaling project designed to provide unlimited scaling capacity for the TRON MainNet, enabling #DApps to run with lower #Energy consumption, higher security and efficiency on #TRON. #TRX $TRX https://t.co/GjNkhywHPz
— Justin Sun (@justinsuntron) August 11, 2019
What is the SUN Network?
It will allow decentralised applications (dApp) developers to use the code and build a side chain on the Tron blockchain to build their own dApp chain (DAppChain).
The Network is an expansion plan for the Tron network, with the sidechains accommodating smart contracts and cross-chain communication. The customisable side chains allow dApps to run with low energy consumption, high security and high efficiency. The Sun Network will thus provide unlimited capacity for the Tron main network to become more scalable and support a greater number of transactions.
Customisation of the chain parameters will allow developers to set their free energy limit, with cheaper energy-burning, a faster consensus process and a longer smart contract execution time limit. Moreover, trading pressure on a DAppChain will not negatively affect the main blockchain.
According to Sun,
“The energy-saving, highly secure and efficient Sun Network will contribute to a more active ecosystem of TRON. Community developers will benefit from the network as well. In addition, a series of scaling projects such as DAppChain and cross-chain communications will further expand the overall capacity of the TRON network, as well as improving the TPS and smart contract execution efficiency on TRON.”
Tron’s crytocurrency, TRX is ranked #13 among all cryptocurrencies in terms of total market capitalisation with 1 TRX worth $0.02.