Ethereum Developers Activated Dencun Upgrade, ETH Price Ready for ATH
The highly anticipated Dencun upgrade has dramatically reduced Ethereum’s Layer-Two (L2) transaction fees, thus enabling mass adoption of Web3 platforms.
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Tron (TRX) is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.
TRON’s team members are followers of Sir Tim Berners-Lee, who are convinced that protocol, from the moment of its invention, is an asset for human beings, rather than a profit-making tool for small groups. Hence, TRON has established the Singapore-based Tron Foundation, a nonprofit organization that mainly engages in operating the TRON network in the principles of openness, fairness and transparency and supporting TRON’s development team.
The Tron Foundation is set up with the approval of the Accounting and Corporate Regulatory Authority (ACRA) and under supervision and regulation of the Company Law of Singapore. It is run by the Board of Trustees or the Board of Governors formed by eligible trustees for independent management and operation, which is also independent from the government’s administration.
The highly anticipated Dencun upgrade has dramatically reduced Ethereum’s Layer-Two (L2) transaction fees, thus enabling mass adoption of Web3 platforms.
In this article, we’ll delve into the insights provided by a reputable crypto analyst on YouTube, who believes that three coins – Retik Finance, TRON, and Cardano – will emerge as the biggest winners of 2024.
Sun has also sparked curiosity in the crypto community by exploring the possibility of launching a TRX-based ETF in the future.
Tether’s market capitalization currently rivals that of the British oil and gas giant BP while making USDT the preferred choice in the crypto space to maintain stability in the volatile crypto market.
Circle’s decision also follows previous controversies surrounding its alleged connections with Tron founder Justin Sun.