Tenth Largest Crypto TRON to Leave Ethereum, Launches Beta Version of Own Blockchain
TRON (TRX) launched a beta version of its independent public blockchain at 12 am UTC, today May 31.
Tron is currently the tenth largest cryptocurrency by market capitalization.
The move to Tron’s MainNet – also dubbed Odyssey 2.0 – is part of a transition away from the Ethereum blockchain.
The full launch of the network’s Genesis block is set to take place on June 25, styled ‘Independence Day’ by the TRON foundation.
Token ‘migration’ will take place between June 21 and June 24, during which investors will be able to exchange their ERC-20 standard tokens on crypto exchanges for an equivalent number of TRX on the new blockchain.
How this will affect prices of TRON, ETH and Odyssey as well?