2 years ago
Tron web laminitis Justin Sun said his blockchain networks — TRON (TRX) and BitTorrent (BTT)– are exploring ways to integrate zero-knowledge Ethereum (ETH) Virtual Machine (zkEVM) into their ecosystems.
The Zero Knowledge (ZK) rollup is simply a layer2 solution allowing respective transactions to beryllium batched off-chain and executed connected the mainnet.
In an April 5 Twitter thread, the crypto entrepreneur explained that specified integration has the imaginable to payment the TRON and Bittorent ecosystems.
He added that specified benefits see accrued privateness and security, improved scalability, and enhanced interoperability with different blockchain platforms.
Meanwhile, Sun’s connection comes astatine a clip erstwhile the improvement of Zero-knowledge proofs is gaining momentum. In March, Matters Lab and Polygon zkEVM went unrecorded connected the mainnet.
Sun noted that they are simply inactive exploring the imaginable integration of technology. It is not a warrant that it volition beryllium implemented.
He added:
“Tron and Bittorent are known for their committedness to innovation and pushing the boundaries of blockchain technology, truthful it’s not astonishing that they are exploring caller avenues for improvement.”
It is uncertain however the integration volition work.
BitTorrent is simply a cryptocurrency token task that Sun acquired successful 2018. Tron is simply a astute declaration blockchain web with the full worth of assets locked wrong its ecosystem astatine $5.37 billion, according to DeFiLlama data.
TRX is trading astatine $0.0665 aft gaining 3.5% successful the past 7 days, portion BTT is up 4.2% wrong that period, according to CryptoSlate’s data.
Sun ineligible issues
Meanwhile, Justin Sun is facing civilian charges from the U.S. Securities and Exchange Commission (SEC) for violating securities law.
The suit besides specifically mentions the manipulation of the secondary marketplace for TRX done personage selling and lavation trading.
Sun has described the charges arsenic lacking merit and an effort by US authorities to soundlessness the crypto industry. He added that Dominica had adopted TRX and BTT arsenic ineligible tender.
The crypto entrepreneur’s ambassadorship to the World Trade Organization (WTO) ended connected March 31.
The station Justin Sun says Tron is exploring ways to integrate ZK-EVM appeared archetypal connected CryptoSlate.
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