Justin Sun, the 23-year-old founder of TRON, is looking to make a big splash in the crypto community. In a recent interview, he announced plans to get Tron adopted as legal tender in five nations by the year 2023.
Tron’s goal is ambitious and could yield fruitful results. The project (the ninth largest cryptocurrency by market cap) is working hard on partnerships with retail giants like Alibaba and Tesla Motors. This move would give Tron immense legitimacy, making it easier for this asset to be accepted at international levels.”
Justin Sun will make a formal announcement at the Blockchain Leadership Summit in Dubai on March 25th. He will outline what he calls the “Lighting Network,” an offshoot of Tron’s mainnet that has many major benefits.
This enhancement to the platform would greatly improve day-to-day transactions and speed up network speeds. Justin Sun claims that it will also give users more privacy through decentralized, atomic swaps. Some analysts are predicting that Lightning could become a force to be reckoned with in the crypto space, potentially usurping Bitcoin’s position as the preeminent coin.
At this time, there is no word on when Tron’s Lightning Network could go live. The CEO has announced that he hopes to achieve significant progress in 2018, with the full implementation of Lightning expected to be fully tested by June. Once this phase is complete, the CEO is determined to see a functioning Lightning Network roll out in Hunan province in China. He will see this network implemented within two years of the announcement.
Along with the announcement at Dubai, Sun will also attend a community meetup for Vietnamese speakers on March 26th. This event will take place at 1:30 PM GMT+8, which is 7 a.m. EST and 8 a.m. CST on March 27th (Mexico). The meetup will cover subjects ranging from crypto tokens to TRX exchanges and TRX market strategies (Source).