Is TRON on ERC20?

The switch to an independent peer-to-peer network was a complex process. It involved migrating TRON's existing token holders to the new network while ensuring that their funds remained safe and secure. The TRON team worked tirelessly to ensure a smooth transition for all users.

With the switch, TRON gained a greater degree of autonomy. It was no longer beholden to Ethereum's rules and regulations. This allowed the TRON team to innovate and develop new features at a much faster pace. It also opened up new possibilities for the project, such as the creation of its own decentralized applications (DApps).

TRON underwent a significant transformation in June 2018. This event marked a crucial step in its evolution as a blockchain project. Prior to this change, TRON had been operating as an ERC-20 token on the Ethereum network. This meant that it relied on Ethereum's infrastructure for its operations.

The move to an independent peer-to-peer network was a significant milestone for TRON. It demonstrated the project's commitment to decentralization and its willingness to take bold steps to achieve its goals. It also sent a clear message to the wider cryptocurrency community that TRON was a force to be reckoned with.

However, the TRON team had ambitions beyond merely existing as an ERC-20 token. They envisioned a more independent and decentralized future for TRON. To achieve this, they decided to switch from the Ethereum protocol to an entirely new, peer-to-peer network. This decision was not taken lightly and required extensive planning and execution.