Start The Migration Of Tron Tokens From Ethereum To Your Main Network

From this June 21 began the migration of the TRX tokens of the blockchain Ethereum to the main network of TRON, which will be held until next June 25.

The exchange houses that will support the migration will have withdrawals disabled until that date. The deposits will be enabled, so those interested will only have to send their ERC20 tokens to these exchange offices to participate in the migration. TRON deposits and withdrawals will be enabled as of June 26.

In a publication titled June 25, TRON's Independence Day , the team behind its foundation announced that by that date the main network of the cryptocurrency will be fully enabled, and to celebrate the event, the "burning" of 1000 will be made million tokens , the equivalent of about 48 million dollars according to the current price of the cryptoactive.

It should be noted that on May 31, 2018, the release of the TRC ERC20 tokens on the Ethereum blockchain took place . Of the total of 100 billion ERC20 tokens that were distributed, only 99 billion will be available after June 25, which could result in an increase in the price of the cryptocurrency. Likewise, a total of 33,251,807,524 TRX belonging to the TRON Foundation will be blocked until January 1 of the year 2020.

The cryptoactive TRX is in the tenth position in the list of CoinMarketCap , with a market capitalization of just over 3 billion dollars and a value for each token of 0.048 dollars at the time of writing, exceeding in value to cryptocurrencies like Dash and Monero that are in positions 13 and 14, respectively.

A list was also published with the exchange houses that will support the migration of the tokens, among which Binance, Bitfinex, Bithumb, Bitpie, Cryptopia, Huobi, Koinex and Coinbene stand out. The schedule of the ERC20 migration to the main TRON network will be published by each exchange house. Once the tokens of the main network have been received at the exchange office, users can withdraw them.

The consensus about the independence of TRON has been carried out in four main phases since June 18: preparation, guard phase, genesis phase and constitutional phase; said consensus will take place until the main network is fully constituted.

To ensure that the launch of the main network is secure, the developers offered a reward of up to 10 million dollars in TRX to those users who will find and report code errors. This reward will be available until next June 23.