SINGAPORE – Media OutReach – 3 November 2021 – TRON founder Justin Sun recently tweeted about his plan to establish a $1,111,111,111 (roughly $1.1 billion) fund to power the growth of the TRON ecosystem and provide developers with more efficient and affordable developing tools. Meanwhile, it can also allow the protocols in the network to yield more returns while giving users access to transactions at the lowest costs.
On October 30, TRON and BitTorrent officially launched the cross-chain scaling solution BitTorrent Chain (BTTC) with its Testnet enabled. As BTTC arrives, TRON will see the emergence of a closed-loop ecosystem of layer 1 and 2 networks with sound cross-chain connectivity, integrating both a robust underlying network of Global Human Settlement Layer and a heterogeneous, scalable cross-chain network BitTorrent Chain that features high throughput and full compatibility with EVM.
In a further effort to drive adoption, Justin Sun announced his plan to earmark $1 billion to encourage the migration of projects from Ethereum to BTTC. As a critical bridge connecting assets on TRON with many other heterogeneous chains, BTTC allows users from other chains to jointly contribute to the growth of the TRON ecosystem.