19.04.2024

Tron Officially Releases Sidechain Scaling Solution Sun Network

Tron has released the V1.0 code for the Sun Network, which is a scaling solution designed to enhance and ensure a supposedly unlimited scaling capacity of the Tron mainnet. This will purportedly let DApps consume less energy and run with higher security and efficiency on Tron.

Blockchain-based decentralized application platform (DApps) Tron (TRX) has announced the release of a sidechain scaling solution, the Sun Network, in a blog post published on Aug. 11.

Tron initially revealed the expansion plan for its second layer scalability solution this spring, with  the network’s testnet launch in late May. At the time, Tron said that it plans to launch an optimization process for improving the ease of using the network and facilitating the deployment of sidechains in mid-September.

The post further reads that the Sun Network supports smart contract transactions and more customizable requirements such as setting sidechain incentives, transaction rates and confirmation speed, among other features. The posts explains:

“The overall solution of the Sun Network will provide unlimited scalability to the Tron MainNet, allowing for more possibilities to the development of Tron DApps and the entire ecosystem. The solution also strives to bring positive impacts to the whole blockchain industry while flourishing the Tron network.”

Earlier in August, Tron’s founder, Justin Sun, claimed that the first version of Sun Network will allow for 100x scalability and the building of decentralized applications on sidechains, as well as allowing for longer smart contract execution times, and interchain withdrawals and deposits.

TRON, Stellar Join Mousebelt’s Blockchain Education Alliance to Train Student Developers

Crypto firms need young developers, university students need jobs and a new alliance of blockchain educators wants to give both a hand.

The Blockchain Education Alliance will address crypto recruiters’ perennial high-demand-and-low-supply quandary with a raft of tools, resources, mentorships and industry contacts that it hopes will create a new generation of students in the field.

“It’s better for everyone in the ecosystem if we have more talent and better projects being built”, said coordinator Ashlie Meredith, the program director for Mousebelt University, adding:

“It’s a long-term investment in the space that benefits everyone.”

Launched by Bay Area incubator Mousebelt, the Blockchain Education Alliance includes Stellar, Hedera, ICON, Ontology, Wanchain, Harmony One, Nervos, Orbs, LTO Network, Emurgo, NEM, TRON and ETC Labs. Mousbelt hopes that more will join.

The organization will work directly with students and the blockchain clubs that Meredith said have been at the forefront of university-level engagement.

Part of the help will come through funding. In the past, Mousebelt has supported student events, hackathons. and given directly to engineering schools. Its donation to the University of California, Los Angeles, led to the creation of UCLA’s first accredited blockchain engineering course.

Over time, alliance members hope to further build out academic curricula, increasing blockchain education presence via accredited courses. That could be a big help, according to students.

“I think universities are a little bit lost in the space, and having industry help them find out what they need” can be valuable for them, Zach Nelson, a Mousebelt campus ambassador and founder of the University of Washington’s 800-member blockchain club, told CoinDesk.

Nelson said the space is full of “fragmented knowledge” and that a wide network of partnerships could go far in bringing up a stronger crypto community.

Gili Ovadia, head of global business development for the Israeli blockchain platform Orbs, an alliance member, told CoinDesk that his firm could give students hands-on support and research funding.

He said the firm joined the alliance because of its sprawling network: nearly 70 universities and industry players are members at the start.

Ovadia said:

“We can’t think of a better way to reach mass adoption than sharing our knowledge base directly with the next generation of students and universities around the world.”

Leave a Reply

Your email address will not be published. Required fields are marked *