Tron CEO, Justin Sun announced in a tweet that just after two weeks of launching smart contract, it has reached 12 million. The foundation is not stopping at that but determined to hit a target of 50 million by the end of 2018.
“TRON reaches over 12 million smart contract triggers in two weeks since we launch smart contract! Next milestone at the end of 2018, 50 million!”
This tweet triggered a lot of reactions from Tron enthusiasts and users who retweeted to show their support and praised Mr. Sun for this accomplishment.
Leo Davilla a follower retweeted in response to Mr. Sun’s tweet;
“Let’s go!!!!!!!! what a time to be alive! For all the haters out there… you will eat your words! @justinsuntron will become one of the most innovative tech leaders of our generation!”
Tron smart contract is a computer protocol, which enables the performance and verification of digital currency transactions between two parties in a given condition.
The smart contract is scalable and effective, making the protocol one of the largest blockchain based operating system. It enables the creation of decentralized applications or DApps which can operate on Tron Blockchain.
In the month of October, Tron took a giant step to build its infrastructure to a completely decentralized internet by activating the virtual machine. Tron CEO announced this in a tweet that Tron would upgrade to Odyssey 3.1 and this upgrading will usher in the smart contract stage.
“Based on community consensus, #TRON will be upgrading to Odyssey 3.1 at 8 pm SGT. The TRON Committee function & TVM will go live, marking the start of the Smart Contract Era. TRON will be 200x faster vs. ETH, 100x cheaper vs. EOS. dApp developers & users, this one is for you! $TRX.”
The activation came up three days later, after resolving some network issues which emanated from a particular block. A smart contract is a major tool in building a decentralized ecosystem for peer to peer transactions.
The introduction of this protocol triggered off Tron performance, placing them on a level to compete with Ethereum. Ethereum has lost their edge in operating via the smart contract platform due to inability to accommodate the growing network.
Tron growth has been astounding via the upgrade to smart contract protocol. It is not unlikely that it will hit its target of 50 million by the end of, 2018.