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Tron

Justin Sun Declares Commitment To Tron Development Amid Legal Court Victory

Godspower Owie
by Godspower Owie
11 months ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Justin Sun, the founder of the Tron blockchain has reaffirmed his unwavering commitment to the ongoing development of the Tron blockchain network, following a significant legal victory in the People’s Court of China against the Chongqing Business Media Group, which had previously accused him of fraudulent activities.

Tron Blockchain Services Will Continue Globally

The Tron founder Justin Sun disclosed his unwavering commitment to continuously build the blockchain network on Thursday on the X (formerly Twitter) Platform. His dedication demonstrates his strong vision for the blockchain’s future, as he seeks to establish its position in the blockchain sector globally.

Related Reading: Tron DeFi On Fire: Ecosystem Surges Past $21 Billion Milestone

It is worth noting that Sun recently defeated the Chongqing Business Media Group in a significant defamation case in the People’s Court of China after the media accused him of engaging in fraudulent activity.

Specifically, the media admitted in an apology statement that it had seriously harmed Sun’s reputation by publishing inaccurate and defamatory content without adopting a proper investigation or providing supporting documentation. So far, the media has since deleted all of its fabrications on the Tron founder.

The case between Sun and the Chongqing Business Media Group has been ongoing for more than 2 years now. However, despite the lengthy process, the founder did not allow the case to hinder his vision for innovation and more growth, as he was confident about the positive outcome of the lawsuit.

Therefore, Sun has reassured his steadfast dedication to keep building the Tron blockchain. Furthermore, he has noted that Tron will keep making an impact in the crypto industry by offering services and technologies to people and businesses all across the world.

The post read:

Despite the lengthy process and facing FUD, I was confident in the outcome. My long-term commitment to blockchain remains unwavering, and I will keep building.TRON will continue making an impact by providing technology and services to individuals and organizations globally.

Thus far, Sun has expressed his gratitude toward the director of special projects at the Block firm Frank Chaparro, and the team for offering a platform for his triumph and the sector.

The Blockchain Poised For Explosive In This Second Half

Justin Sun’s commitment comes as the network’s active user base, transaction volume, and decentralized apps (dApps) continue to rise. As a result, the founder believes the blockchain will experience remarkable growth in the second half of this year.

Sun has made this prediction to tackle several recent uncertainties around the blockchain’s performance, as he believes the current value of the Tron ecosystem is significantly underestimated. He has also displayed several efforts to improve the blockchain in order to achieve this goal. 

Related Reading: Justin Sun To Launch Gas-Free Stablecoin Transfer On Tron, Other Networks

Last week, the team disclosed plans to develop a new approach that will allow stablecoin transfers on the network without paying any gas fee, allowing the fees to be fully covered by the stablecoins. According to Sun, this initiative will support Ethereum and all public chains that are compatible with the EVM after being deployed on the Tron blockchain initially.

Tron
TRX trading at $0.136 on the 1D chart | Source: TRXUSDT on Tradingview.com
Featured image from X, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Godspower Owie

Godspower Owie

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Godspower Owie is my name, and I work for the news platforms NewsBTC and Bitcoinist. I sometimes like to think of myself as an explorer since I enjoy exploring new places, learning new things, especially valuable ones, and meeting new people who have an impact on my life, no matter how small. I value my family, friends, career, and time. Really, those are most likely the most significant aspects of every person's existence. Not illusions, but dreams are what I pursue.

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