February 27, 2019

Tron (TRX) targets institutional investments in the upcoming hard fork

Tron (TRX) is preparing for a hard fork, which will be aimed at institutional investors, said Tron CEO Justin Sun.


While the blockchain community is still awaiting the appearance of a hard fork in Constantinople, it seems that Tron will launch its own hard fork on February 28, 2019.

Tron will launch the 3.5 hard fork 2/28 update. New features:
1. Multi-Sig and Acct Mng, readiness for institution.
2. Dynamic energy tuning for network performance in real time.
3. Increase productivity and use of resources by 50%.


One of the main findings of the statement is that the new update is intended for institutional investors and is equipped to manage the processes that accompany it.

This is not the only step that Tron has taken in the direction of attracting demographic data. February 19, 2019 the company announced its entry into the register BitGo.

The partnership with BitGo will allow institutional investors to trade TRX confidently, according to Justin San.

In addition to tools designed for institutional investors, other features will be added to the update, such as multiple signatures and account management options.

It is known that Tron is one of the most aggressive companies in the blockchain industry and shows no signs of slowing down.

In June 2018, they acquired BitTorrent, one of the largest torrent platforms in the world, and when their BTT ICO token was launched in January 2019, it exceeded its original target within a few minutes.

Now they seem determined to capture a wider financial world, and this hard fork seems to be a step in the right direction.

Tron is also involved in charity work, working with the ALS Association to track donations, as well as promising financial support of $ 250,000.