The decentralized application (dApp) platform Tron, officially announced the expansion plan for the second layer scalability solution. The Sun Network is set to launch in late May according to the latest cryptocurrency news from the foundation.
According to the press release published on Monday, the network’s testnet will launch somewhere at the end of May. The Sun Network expansion includes developing multiple dapp sidechains and cross-chains as well. The second layer protocol should increase the capacity of Tron’s network. It should also allow decentralized applications to run with very little energy consumption and high security.
During the first level of expansion, starting from May 30, Tron will mostly focus on launching a sidechain for its smart contracts. The initial launch of the Sun Network mainnet is set for August 10. The official launch should increase the characteristics of decentralization and security much further.
At the end of September, Tron has some more plans. The foundation plans to launch an improving optimization process for making it more simple to use the network. This phase should also facilitate eased deployment of the sidechains.
Just a few days ago, the founder and CEO of Tron-Justin Sun, attended the crypto Chick podcast. While he was talking, he pointed out that the ecosystem of Tron will collaborate with the Ethereum (ETH) network later this year. However, he was very shy about the details. While speaking on the podcast, Sun also noted that Tether (USDT), which is a Tron-based stablecoin will launch on April 9. The Tron-based stablecoin will allow for cheaper and quicker transactions that Bitcoin (BTC)-based Omni protocol ever did.
At the start of the month, the Tron Foundation urged developers to remove all of the gambling dApps from the Japanese market in order to be compliant with local regulations. Gambling is prohibited in Japan, according to the Japanese criminal code. The foundation thus urged the developers not to launch any new dapps on the Tron network related to gambling.
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