Anonymous transactions on Tron network ‘almost finished,’ claims Tron’s Marcus Zhao

  • 12 July 2019, Friday, 11:40

The Tron Foundation has been working towards developing an anonymous transactions system for its users for weeks now and according to Marcus Zhao, Technical Director of Tron’s Public Chain Division, the team has completed its work. Zhao took to Twitter to announce the same, tweeting,

“#TRON Good news, We have almost finished the anonymous transaction on Tron network.”

The Technical Director also added that the team has built a test net for anyone who wants to test the system.

“We also build a test net and anyone interested can test it The test net is below, have a try, and welcome more feedback.”

Many users of the Tron ecosystem appreciated the Foundation for the system. However, some users pointed out that it was too much work for an anonymous transaction. Twitter user, @vcorem, said,

“So first build a VM, afterward implement ZK-SNarks in the VM, emulate UTXO model and all that for anonymous transactions.”

However, other users predict that this system will be useful as the cryptospace develops alongside the real world. Tron recently made news after Opera web browser announced a beta version for its Android users that would enable them to use Bitcoin [BTC] and Tron [TRX] tokens, along with other TRC10 tokens.

With Bitcoin projecting growth, Tron followed the pied piper as it reported a growth of 1.17% over the past hour, and was valued at $0.0295 with a market cap of $1.97 billion, at press time. Even though the fall of Bitcoin impacts altcoins more than BTC itself, the tenth-largest coin noted a growth of 7.27% over the past week. Despite the present volatility in the market, Tron stuck to its standing on CoinMarketCap and recorded a growth of 4.32% over the day.