1. Founder and Visionary
Justin Sun is the founder and driving force behind TRON, a
blockchain-based decentralized platform. His vision was to create
a global digital content entertainment system that is free from
the control of central authorities.
2. Launch and Early Development
2017 - TRON Foundation Established: Justin Sun established the
TRON Foundation in July 2017 with the aim of building the TRON
network.
December 2017 - TRX Token Launch: TRON launched its native
cryptocurrency, TRX (Tronix), through an Initial Coin Offering
(ICO), raising over $70 million.
3. Mainnet Launch and Independence
May 2018 - Mainnet Launch: TRON launched its Mainnet, officially
moving from Ethereum to its own blockchain, signifying its
independence.
June 2018 - TRON Independence Day: TRON completed the token
migration from Ethereum’s ERC-20 standard to its native TRX token,
marking the network's independence.
4. Partnerships
June 2018 - Acquisition of BitTorrent: TRON acquired BitTorrent,
a popular peer-to-peer file-sharing platform, integrating it into
the TRON ecosystem. This was a strategic move to increase TRON's
user base and content distribution capabilities.
July 2018 - Launch of Project Atlas: Aimed at integrating
blockchain with BitTorrent, allowing users to earn rewards for
seeding files, further enhancing the TRON ecosystem.
5. Smart Contracts and dApps
October 2018 - TRON Virtual Machine (TVM): The launch of TVM
enabled developers to create decentralized applications (dApps) on
the TRON network, similar to Ethereum's Ethereum Virtual Machine
(EVM).
Expansion of dApp Ecosystem: TRON rapidly expanded its dApp
ecosystem, becoming one of the most active blockchain networks for
decentralized applications.
6. Defi and Stablecoin Developments
TRC20 Tokens: TRON introduced the TRC20 token standard, allowing
for the creation of custom tokens on its blockchain, similar to
Ethereum’s ERC20.
USDT on TRON: TRON partnered with Tether to launch USDT on the
TRON blockchain, enabling faster and cheaper transactions compared
to Ethereum.
