Introduced as a blockchain-based alternative social media platform, Steemit is switching to the Tron (TRX) blockchain network, according to a new announcement.
Tron network already has more than 800 decentralized applications (dApp) and the arrival of Steemit can bring real activity and vitality to the network. The transition of Steemit to the Tron network will be written as a number in TRX's digit regarding the big Ethereum, EOS and Tron competition.
STEEM Tokens Migrate to Tron Network
It was announced that STEEM tokens will be transferred to the Tron blockchain network along with the network. In addition, it was stated that a program will be launched for the developers in the Steemit community to enable them to keep up with the situation and increase the developments.
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Tron Foundation and BitTorrent CEO and founder Justin Sun made the following statement on the subject:
“We are very happy that Steemit joined the Tron ecosystem. Tron and Steemit will lead the decentralized social media era. ”
Tron actually came up with the news that it was going to buy Steemit last January, but Sun had instead bought another decentralized platform, DLive. Steemit also has a video sharing platform called D.Tube, similar to the system of DLive, and Sun bought it directly. Founded in 2016, Steemit has 1.2 million registered users. Despite all these developments, Sun had recently reacted to his own community with his statements about TRX.
Steemit, which has been on its way successfully for a long time, had to lay off 70 percent of its employees in November 2018 and had a major blow.
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