TRON (TRX) Founder and CEO Demonstrates His Support for Net Neutrality

Siamak Masnavi

On Thursday (1 November 2018), Justin Sun, the founder and CEO of TRON Foundation, announced his support for net neutrality, and demonstrated this support with a $10,000 pledge to DonateForNetNeutrality.com, a crowdfunding effort by the non-profit organization "Fight for the Future", which was founded in 2011 with the mission of ensuring "that the web continues to hold freedom of expression and creativity at its core." The goal of this organization is "to build tech-enhanced campaigns that resonate with millions of people, enabling them to consolidate their power and win historic changes thought to be impossible."

Net neutrality "is the principle that Internet service providers treat all data on the Internet equally, and not discriminate or charge differently by user, content, website, platform, application, type of attached equipment, or method of communication."

Fight for the Future's latest campaign is about putting pressure on the U.S. Congress to save net neutrality -- which was killed on 11 June 2018 following a vote by the Federal Communications Commission (FCC) in December 2017 -- by passing legislation that would "effectively force the FCC to bring back the rules the FCC approved in 2015." Under the Congressional Review Act (CRA), "Congress, with the approval of the president, can not only reject regulations issued by a federal agency but effectively bar that agency from taking similar action again."

The DonateForNetNeutrality.com website says that although the Senate has already passed a resolution, "now the House is running out of time to do the same." It further says that the money being raised will be used to the following:

  • "Flood Congress with phone calls, tweets, and emails"
  • "Run crowdfunded billboards, newspaper ads, and online ads"
  • "Organize in-district actions and events"

Here is how Justin announced his support for this campaign on Twitter:

The press release by the TRON Foundation says that Justin's $10,000 donation will "help fund efforts to educate voters in key districts across the country to vote pro-net neutrality and support lawmakers to reverse the decision that ended net neutrality." This donation comes shortly after TRON's "initial pledge of $3M to the Blockchain Charity Foundation headed by Binance."

The press release also contained the following quote from Justin:

"Given my deep belief in an open and decentralized internet, I support Donatefornetneutrality.com and urge others to do the same in this critical moment where Congress can still act in favor of net neutrality. When the internet is free and open, it fosters innovation that benefits not just a few, but all of us. It's our responsibility to protect these core values and push our community towards the cause."

Justin, who is also the CEO of BitTorrent, apparently "plans to energize support from the BitTorrent community of over 100M users." BitTorrent "has a long-standing history of supporting net neutrality and also Fightforthefuture.org and Donatefornetneutrality.com through campaigns that have urged tens of millions of users to get involved."

Featured Image Courtesy of the TRON Foundation

TRON Releases the Sun Network, Its Sidechain Scaling Solution

The TRON Foundation, an organization created to support the development of the TRON network, has announced the code for its sidechain scaling solution, the Sun Network, has been released.

Through a Medium blog post, the TRON Foundation revealed the first version of the scaling solution’s code is designed to help the TRX blockchain scale, to the point it’ll provide the TRON network with “unlimited scalability.” The post reads:

The overall solution of the Sun Network will provide unlimited scalability to the Tron MainNet, allowing for more possibilities to the development of Tron DApps and the entire ecosystem. The solution also strives to bring positive impacts to the whole blockchain industry while flourishing the Tron network.

The Sun Network, the TRON Foundation notes, will achieve this by incorporating an umber of scaling projects. An example given is that of DAppChain, a side chain “enabling DApps to run with lower Energy consumption, higher security and efficiency” on TRX’s mainnet.

The post adds that compared to other scaling solutions the Sun Network has distinctive features, including its support for smart contract transactions and for customizable requirements “such as setting side chain incentives, transaction rates, transaction confirmation speed and other parameters, catering to the needs of different developer groups.”

Per the blog post TRON’s total account number is now above the three million mark, and since its mainnet was launched a total of 410 million transactions took place. It adds that moving on “the energy-saving, highly secure and efficient Sun Network will contribute to a more active ecosystem of TRON.”

TRON launched its Sun Network’s testnet in May, and announced earlier this month its release was coming soon. In late June, the TRON Foundation announced a $20 million TRX buyback to promote market stability.