Tron [TRX]’s Justin Sun expects 500% increase of dApp activities

Tron [TRX]’s Justin Sun expects 500% increase of dApp activities

The whole cryptocurrency market has been trying to dethrone the bear in the past few months. However, the bear continues to be a step ahead, chastising those coins that have decided to rebel against its rule. The coins which have been severely bruised by the bear includes the top ones like Bitcoin [BTC], Ethereum [ETH], XRP, Monero [XMR], and Tron [TRX]. However, Tron has shown the ability of quick recovery when compared to the rest of the coin in the market.

Justin Sun, the CEO and Founder of Tron Foundation, continues to keep the focus on the development of the network despite the price plunge. The Founder proposed ‘Proposal 7’ earlier this month, which aims to increase the energy limit and also support the developers.

At the time of writing, the proposal has been approved by 28 Super Representatives, with zero negative votes. The SRs who approved the proposal includes BitTorrent, Sesameseed, TronWalletMe, BlockchainOrg, BitGuild, dAppHouse, TheLastMe, TronSpark, TronAlliance, RyboTron, Skypeople, uTorrent, callmeSR, TronVietnam, TronsTronics, BitDogSR, Intergactic-Gaming, Tron-Europe, WinTokenCommunity, CryptoGuyInZA, Tron-Society, InfinityStones, CryptoChain, TRXMarket, BitTorrentNow, Alle-Exchange, Lianjinshu, and JustinSunTron.

Succeeding which, Justin Sun stated on Twitter:

“Proposal 7 is approved by #TRON community. We will expect 500% increase of #DApp activities after the activation of Proposal 7. #TRX $TRX”

Tron Super Representatives are well-known in the community as they represent the whole network and their voters. The holders of TRX token can vote for their preferred candidates, who will be playing the role of a validator on the network and govern the ecosystem.

These representatives are also given the responsibility of activating the features of the Tron Virtual Machine. First, a Super Representative is required to propose the activation of a feature, succeeding which, other SRs confirm the proposal based on several factors. The feature will be activated on the TVM only if it has been passed by 2/3rd of the SRs and within three days. If the proposal is passed by less than the required number, then it will be deemed invalid and the feature will have to wait to be activated until it is proposed by another SR.

Nopumpnodump, a Twitterati said:

“Thats how other developers should do even in the bear market.”

Adam, another Twitterati said:

“This will bring some well deserved ovrr due organic grownth imo! #TRX”

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