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Justin Sun: TRON will launch hard fork upgrade

tron-trx-hard-fork

The founder of Tron Foundation, Justin Sun, announced today, that Tron will undergo a major hard fork upgrade.

Tron (TRX) hard fork upgrade will address multi signature, account management, dynamic energy adjustment to real time network performance, 50% up performance, virtual machine safety and event server for decentralized applications issues.

According to the TRON founder, Justin Sun, TRX new 3.5 hard fork upgrade will take place later this month, on February 28. Justin Sun noted that one of the main reasons for the upcoming hard fork update is the increased demand from financial insitutions.

“Multi signature, account management and custody are three major requirements from institution. Recently we have received numerous demands from hedge funds, mainstream investors and financial institution,” Justin Sun said on Twitter earlier today.

As reported earlier this year, TRON claims its platform is easier to develop for than Ethereum, offering developers much greater flexibility in their choice of programming language, while also offering full compatibility with projects and smart contracts developed using Ethereum’s native Solidity language. Since its mainnet launch, TRON has reported more active accounts than Ethereum and a comparable level of dApp development to EOS.