According to industry insiders, the acquisition may be the biggest one in terms of domain name in the blockchain industry: domain names with a suffix of “org” is widely recognized in the industry (e.g. bitcoin.org, ethereum.org); “BlockChain” is the key word of the whole industry.
Being different from other projects that purchase domain names only for their potential value, TRON already has a plan on its mind for the future of BlockChain.org when it finished the purchase. BlockChain.org will become a decentralized “Google” of blockchain industry, integrated with block search, big data analysis, and industry news.
2017 marks the beginning of the blockchain era. During this time, the industry witnessed the birth of various blockchain projects and success of a few outstanding ones. Yet the fast development of the industry also gave rise to some issues.
Incomplete Information on Traditional Search Engines
Traditional search engines do not show complete information about the industry. Since the traditional Internet is centralized in its nature, a lot of news pieces and quality content of the industry are excluded, hidden, or even replaced by ads. As a result, it is difficult for users to find good projects or correct information about certain projects.
Complicated User Experience with Different Public Chains
Currently, there are many different kinds of public chains such as BTC, ETH, and TRON. If a user would like to look up trading information or hash, he will have to learn the different ways of looking up information in different blockchain browsers, which causes inconvenience for the users and undermine the progress of the industry.
Difficulties with Acquiring Industry Data
Data is at the core of every successful project. The investors need transparent data and unbiased advice in order to make the right decision. However, given that current blockchain industry does not have a real data aggregation service, the investors do not have access to the information they need.
Facing obstacles like this, the industry insiders have the responsibility the make improvements. As one of the leading players, TRON decided to make the change and establish an integrated data search platform to serve all projects and the users.
According the founder and CEO for TRON, Justin Sun,
“the success of the project should not be measured by its profit or its users base. What really matters is that if it makes an effort to make improvement for entire industry”.
TRON has been upholding the value of “decentralizing the internet” since day one, and the recent purchase of BlockChain.org is just another demonstration of TRON’s unyielding commitment. TRON will not gain any profit from this platform, as this project is completely non-profit. Its sole existence is to better serve the blockchain community.
At this point, the platform is still at its early stages, and we welcome partners from all over the industry to join us and make BlockChain better and stronger.