Cryptheory – Just Crypto

Cryptocurrencies are our life! Get an Overview of Market News

Justin Sun Has Big Plans for the TRON 4.0 Upgrade Including Privacy

2 min read

Back in late 2018, Justin Sun was musing of the possibility of implementing privacy on the Tron blockchain through the use of zk-Snarks. The idea will soon come to reality with the addition of the feature in the upcoming TRON 4.0 upgrade. In a 2018 interview, Justin Sun had explained the importance of adding privacy to the Tron network as follows.

Justin Sun Has Big Plans for the TRON 4.0 Upgrade Including Privacy

I think privacy is also important for the network. So that’s why I think in next year, Q1, we will adopt the zk-SNARKs into our network. So zero-knowledge proof into our network…

This is how we can improve the privacy of the whole network.

So in the future, if you want to have these private transactions and a private address, we can also make sure…if you use the address…that nobody can see you…the transaction can be untraceable.

TRON 4.0 Upgrade

The implementation of privacy was first planned for the first quarter of 2019 but the wait is finally over for the fans of Tron for it shall be released with the upcoming TRON 4.0 upgrade. The exact date and time of the implementation of TRON 4.0 have yet to be announced. Additionally, the team has not confirmed that the feature will use zk-Snarks.

However, the head of Tron technology, Marcus Zhao, has explained that Tron 4.0 will have a bunch of new features including the aforementioned privacy, 2-level consensus mechanism, cross-chain interoperability and an enterprise edition of the network.

You may also like: Binance Exchange Is Back To China, But It’s Not What You Think

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

Leave a Reply

Your email address will not be published.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