OTCBTC To Support TRON Blockchain Upgrade and Token Migration 12271
News
Sharat Chandra
Jun 5, 2018 at 6:26 PM

TRON, one of the largest blockchain based operating systems in the world launched their Main Net on 31 May. The token migration is scheduled for June 21 and the first 27 super representative elections on June 26.  Right after the launch of their Main Net, the founder of Tron Justin Sun announced a reward for whoever finds any errors in the Main Net.

With this date approaching, today, OTCBTC announced that it would support the TRON blockchain upgrade and token migration. Investors are required to deposit TRX’s ERC-20 tokens to OTCBTC before June 21, 2018 (UTC+8) and will receive the equivalent TRX token on June 26, 2018 (UTC+8). Migration will not influence transactions. As a platform to provide blockchain OTC transactions and currency exchanges, OTCBTC is devoted to making blockchain assets flow more efficiently so that more people can participate in the blockchain industry.

Various tests were conducted on the networks for getting more traffic to the network to the examine the possibilities and limitations of its capacity. They are also taking precautions to avoid malicious account creation in the consensus. TRON also developed and completed bandwidth model. The consensus is conducted for validating the transactions which also includes the proposal for making changes to the blockchain.

Ranking at the tenth position by market capitalization, Tron is pulling out all stops to make it to the big league. This week has been fabulous, and Tron already got three exchange listings in its kitty. Justin Sun, the founder is usually very active and regular with his announcement but this news was shared a day later by him after the deposits began. He posted a tweet today: “MAX/Maicoin is the largest Crypto trading platform in Taiwan and #TRX now has first $TRX/$TWD trading pairs.”MAX exchange is the largest digital asset platform of Taiwan that offers TWD fiat, cryptocurrency, and crypto-crypto trading. The exchange is now open for crypto-fiat trading with TWD and TRX.

Image via Medium

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