TRON (TRX), a blockchain network that pits itself as a competitor to Ethereum, is propelling a $1 million accelerator program to aid developers creating DApps and other software products on the TRON protocol.
The activity intends to encourage customer embracement of blockchain innovation through TRON’s network following the later procurement of peer-to-peer record sharing service BitTorrent, Project Atlas, and payment service Poppy app. TRON’s covenant right now processes more than one million exchanges and 600,000 wallets.
The startup will purportedly receive entries to its accelerator until the end of December, whereas the prizewinners will be reported at TRON’s first worldwide summit in January. In October, TRON and China’s biggest Internet search facilitator Baidu declared they will work together on cloud computing assets.
The association between the two firms remains centered on the purchase and utilization of Baidu’s essential cloud computing assets, instead of being associated “at the blockchain commerce level.”
Last month, TRON’s CEO Justin Sun claimed its upgrade named Odyssey 3.1 would see it surpass Ethereum on speed and EOS on cost. The changes incorporate the introduction of the TRON Virtual Machine, which would permit developers to test smart contracts before they shift to the TRON mainnet.
As of press time, TRX is the 11th best cryptocurrency, exchanging at around $0.0187, down 0.2% from the previous day, according to CoinMarketCap.
