TRON ecosystem are getting strong in their attempts to protect user data with the strongest privacy protection in the industry.
Justin Sun tweeted: “After the proposal takes effect, DAPP developers can protect user data with the strongest privacy protection in the industry, meet users’ needs for privacy protection at all levels, and further strengthen the TRON ecosystem.”
Sydney Ifergan, the crypto expert tweeted: “Privacy really matters. TRON Ecosystem working towards ensuring privacy is a great thing.”
Sun stated, “The NO.40 voting request (#39 Proposal) of TRON network was officially approved at 20:00, Aug 14 (SGT), 2020. The new proposal is to enable the function of verifying zero-knowledge proof in TVM.” Further clarified, “The TVM that supports zero-knowledge proof verification is a major innovation project in TRON ecosystem and another milestone in the construction of the TRON ecosystem. It is led by TRONZ team who creatively implements zk-SNARK zero-knowledge proof verification function in TVM.”
While talking about providing better rates for DeFi developers, Justin Sun stated, Ethereum’s gas fee has skyrocketed! DeFi on TRON has lower fees & 200x faster speed w/ instant settlement! It’s been proven that USDT TRC20 & Dapps on #TRON is best! Defi developers wanting better outcome for users should use TRON.
To keep the community together, TRON weekly report is now made available in 15 languages supported by Arabic, Farsi, German, Russian, French, Traditional Chinese, Korean, Dutch, Simplified Chinese, Japanese, Turkish, Spanish, Hindi, English, and Vietnamese.
TRON (TRX) and Overall DeFi Growth
Previously, TRON did completely implement the Rosetta Interface as it is the API specification provided by Coinbase. The Rosetta project is expected to simplify the integration of blockchain projects to increase developer efficiency.
There is a article about how to build and use a Tron node supporting Rosetta blockchain specifications. It is expected that the set of specifications will make TRON API architecture more standard and flexible. It is important to install the latest version of docker prior to deployment. A command which should be executed to download tron-rosetta-api is also provided.
It is well known that the fragmentation of blockchain ecosystems and the lack of inter-chain communication is a major issue. It is well known that TRON and Waves have partnered on inter-chain DeFi with Gravity. The expectation is that the TRON and Waves partnership will bring in more of user-friendly integrations making communication very easy for everyone. Further making seamless inter-chain connectivity and improved network effects like Decentralized Finance (DeFi) contributing to overall growth for all block chains involved.
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