June 25, 2018, marks a significant milestone in the world of cryptocurrencies: the day TRON became independent from the Ethereum network and launched its own blockchain. Since then, TRON has achieved numerous successes and established its position as one of the leading blockchains in the world. In this article, we review TRON’s most notable achievements since its independence.
The Beginning of a New Era
The launch of TRON MainNet in June 2018 was a crucial moment. This event, known as “TRON Independence Day,” saw the creation of the genesis block, marking the transition from an Ethereum-based token to an independent blockchain.
Strategic Acquisition of BitTorrent
In July 2018, TRON acquired BitTorrent, a pioneering peer-to-peer file sharing platform. This acquisition not only expanded TRON’s user base but also integrated BitTorrent’s advanced technology into the TRON ecosystem.
Technological Innovations and Strategic Partnerships
One of the most important technological milestones was the launch of the TRON Virtual Machine (TVM) in August 2018, allowing developers to create and deploy decentralized applications (DApps) on the network.
In March 2019, TRON partnered with Tether to issue USDT on its network, eventually surpassing Ethereum in terms of circulating supply of this stablecoin. This collaboration significantly boosted TRON’s adoption in the cryptocurrency market.
Expanding Scalability and Decentralized Storage
TRON continued innovating with the launch of the SUN Network in May 2019, a scalability solution including DAppChain, designed to improve the network’s capacity and reduce transaction costs.
The launch of the BitTorrent File System (BTFS) Mainnet in October 2019 represented another important step towards decentralized data storage.
Corporate Integration and Partnerships
In October 2019, TRON integrated with the Samsung Blockchain Keystore, allowing Samsung Galaxy devices to support TRX and other TRON-based DApps, solidifying its position in the global mobile device market.
More recently, in March 2024, TRON integrated with Amazon Web Services (AWS), facilitating the deployment of full TRON nodes in the cloud, improving the network’s accessibility and scalability.
Growth in DeFi and NFTs
Since 2021, TRON has significantly expanded its presence in the DeFi and NFT sectors. The TRC-721 standard for NFTs and multiple partnerships with GameFi and NFTFi projects have strengthened TRON’s infrastructure in these areas.
Community and Decentralized Governance
In December 2021, TRON completed its transition to a Decentralized Autonomous Organization (DAO), fully governed by its community. This step ensured transparent and democratic governance within the network.
Reaching New Milestones
In June 2024, TRON surpassed 100 million user accounts, consolidating its position as one of the world’s leading public chains in terms of users and transactions.
Conclusion
Over six years, TRON has demonstrated impressive growth and unparalleled ability to innovate and adapt. Since its independence from Ethereum, TRON has established a robust and diversified infrastructure that supports a wide range of decentralized applications, stablecoins, and storage solutions.