TRON integrates with this EVM-based blockchain: Details
The TRON protocol has added a new EVM-based chain to its ecosystem. Released in 2020, Heco is a public chain that is decentralized, highly efficient and energy efficient with the goal of helping developers at every stage. It provides high performance transactions and is compatible with smart contracts.
Following the disclosure of his Huobi Token stake, Justin Sun made another announcement about the Tron Heco merger. The founder of Tron announced that the Heco developers will now cooperate with the Tron and BitTorrent chain ecosystem.
According to the announcement, the Tron Heco merger initiative was a result of the developers’ long-term efforts to join a number of chains. The team made plans to support the Heco chain publicly when the BitTorrent Chain testnet was launched last year.
Justin Sun stated that the ecosystem will raise funds to bring all Heco developers together to build on the TRON and BitTorrent chain in this context. The announcement of the Heco acquisition received a positive response from the community.
Sun stated that he currently holds tens of millions of Huobi tokens earlier on October 14.
TRON CEO Revealed to Own “Tens of Millions” of Huobi Tokens
The founder of Tron also claimed to have “tens of millions” of Huobi tokens and that he plans to work to promote the latter now that he serves as an advisor to the associated cryptocurrency exchange.
“I would consider myself one of the largest holders” of Huobi Tokens in the world, Sun said in a Bloomberg Television interview with Emily Chang on Thursday,
He noted that he started collecting Huobi cryptocurrency exchange in 2013. Since Sun joined the exchange’s advisory board, the coin has increased in value by nearly 80% in the past week.
According to CoinMarketCap, Huobi is one of the top 10 cryptocurrency exchanges worldwide with around $879.5 million in volume in the last day. Sun claimed that he has not bought a share in the company.
If laws permit, Sun said he will also concentrate on expanding Huobi internationally and perhaps even bring it back to China.
In other recent developments, Sun informed that his team has been examining the assets of bankrupt cryptocurrency lender Celsius Network, but has not made a decision on an offer. In the Caribbean island nation of the Commonwealth of Dominica, the national symbol of Tron has just been recognized as money.
