TRON Mainnet Accounts Surpass 600,000
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TRON Mainnet Accounts Surpass 600,000

According to a recent tweet by Justin Sun, the Founder and CEO of TRON Foundation, the number of mainnet accounts on the cryptocurrency’s network has surpassed 600,000.

And that isn’t all. As per another tweet by the TRON Foundation CEO, TRX has been listed on the crypto wallet Trdot.

The network is seeing development from all ends. It was listed on a number of digital currency wallets and markets—Indacoin, Blockport, and BITEXBOOK to name a few. A project on the network, Tronbet, managed to shell out 3.1 billion USD worth of prize money to winners on the platform.

Also Read: TRON-based Tronbet Reaches 3.1 Billion TRX in Prize

It was even listed as one of the few cryptocurrencies with the most potential of making it large in the future according to an analytics report.

Another project on the network, TronWallet, managed to become one of the TRON Super Representatives in less than a day after posting a revised version of their community plan. TronWallet is a “secure peer-to-peer crypto wallet and exchange for TRON” with which people can pay, request, send, and receive payments.

Thanking people for their support, they said:

“Becoming SR wouldn’t be possible without a strong community around to help, particularly without the help of the great people and our SR friends at CryptoChain, CryptoGuyInZA, TeamTronics and Sesameseed. Thank you for your support, let’s make history together!”

In an official Medium article, the team said:

“TronWallet started it’s run for SR on September 20, and, since then we have been learning a lot. Becoming a TRON Super Representative will be a step forward for TronWallet global adoption. To create a healthy ecosystem for our users and the TRON Network, the TronWallet Team will invest to build cutting-edge products to extract the full potential of TRON blockchain technology.”

The team then gives some insights to the readers:

1. People vote for rewards, not necessarily for the better proposals
2. Setup servers with private keys require important security measures
3. Create secure and custom rewards scripts take time. Big thanks to https://twitter.com/_CryptoChain_
4. Becoming SR is a huge responsibility and opportunity to create a unique community around of a new decentralized world.

The team then talks about how its previous attempt to become a Super Representative failed before moving on to informing everyone about the new plan:

“With several ideas from TronWallet community and after some scenarios of rewards have been tested, We have decided to change our reward plan to the following structure.
1. We will pay 97% of rewards from SR block generation
2. All rewards are paid in TRX
3. 3% is allocated for operation costs”

Adding to it:

“SR’ are paying in average 16-17 TRX per day (24 hours) for 100k TRX votes. TronWallet SR will pay ~32 TRX per 100k TRX votes until January 01 2019.”

Talking about the future, the team said:

“We strong believe that TWX should be reward for holders and voters in a near future and our team is working hard to make it happen as we go.”

The article then moves on to server configurations. Informing readers about the TestNet server configuration:

Full Node: United States (US-EAST-1) AWS m5d.xlarge
Solidity Node: United States (US-EAST-1) AWS m5d.xlarge

The configuration for the MainNet servers is:

Full Node: United States (US-EAST-1) AWS X1.16xlarge — 64 Core CPU — 1 TB RAM — 1.9 TB SSD (EBS) — 25 GB Broadband
Solidity Node: United States (US-EAST-1) AWS M5D.x4large — 1 TB RAM — 1.9 TB SSD (EBS) — 25 GB Broadband

The configuration for the MainNet backup servers is:

Full Node: United States (US-WEST-1) AWS M5D.x4large — 1 TB RAM — 1.9 TB SSD (EBS) — 25 GB Broadband
Solidity Node: United States (US-WEST-1) AWS M5D.x4large — 1 TB RAM — 1.9 TB SSD (EBS) — 25 GB Broadband

Not too long ago, the wallet had reached 20,000 users.

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Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.