Opera Browser to Add Support for TRON, Multiple Other Blockchains Within a Year

The popular Opera browser, which reportedly has over 300 million users, is reportedly soon adding support for TRON’s TRX on its crypto wallet, as part of a plan to support ‘multiple blockchains’ in the next 12 months.

According to a press release shared with CryptoGlobe, the integration is going to see Opera users be able to natively use TRON-powered decentralized applications (dApps) within the browser, and store TRX and TRC-standard tokens in the browser’s built-in cryptocurrency wallet.

Until now, Opera’s wallet only supported the Ethereum blockchain, meaning users could only store ether and ERC-20 tokens on it. It was introduced back in July of last year, and launched on Opera’s main Android browser in December. The wallet has also been added to Opera’s desktop browser.

Commenting on the addition, TRON Foundation CEO Justin Sun stated:

We are excited that Opera, a mainstream browser with hundreds of millions of users, will now seamlessly support TRX and other TRON tokens. Soon, Opera users will be able to use dApps on the TRON blockchain.

Contacted by The Next Web on whether there was demand to support the TRON blockchain, Opera revealed “TRON is one of the fastest developing blockchains with plenty of dApps so it’s a logical step” to add it, as it aims to grow the dApp ecosystem.

The decision is notable, as a researcher has earlier this month found a critical TRON bug that could’ve crashed the entire blockchain. The bug has since been fixed. Opera’s move is reportedly part of a wider rollout that’ll see it add “support for multiple blockchains within the next 12 months.”

Which cryptocurrencies the Norwegian browser developer will add or when TRON support will be rolled out is currently unclear. It’s worth noting that earlier Opera partnered with HTC to build a seamless wallet experience for the firm’s blockchain phone users.

Bitcoin Proponents Debate a Potential Hard Fork for Inflation

  • Bitcoin Advisory founder Pierre Rochard is asking bitcoin community to consider the implementation of inflation.
  • Rochard argues that transaction fees alone may not be enough to sustain miners in the future. 

Pierre Rochard, founder of consulting firm Bitcoin Advisory, has addresed a debate in the bitcoin community over whether transaction fees will be high enough to support the network’s continued use. 

Bitcoin Inflation Debate

According to Rochard, who is also a self-proclaimed proponent of BTC’s scaling solution lightning network, the community must question whether transaction fees alone will be enough incentive for miners in the future. As outlined in the original white paper, bitcoin’s total supply is limited to 21 million coins. 

While the final BTC is not expected to be minted until after the year 2140, the block reward will continue to decline over the coming century. Miners, who facilitate transactions and secure bitcoin’s network, will have to rely more upon transaction fees as a source of income, as BTC rewards continue to fall.

Some are now arguing that bitcoin may need to introduce perpetual inflation to remedy the situation, which would mean altering the original 21 million BTC total supply.

Rochard said, 

There’s an open question of will transaction fees be high enough – or in the aggregate total – enough to provide transaction finality...will bitcoin have to hard fork in inflation?

The Bitcoin Advisory founder asked the community to consider the state of altcoins, many of which operate on an inflationary protocol. Rochard acknowledged that confirmation bias may be clouding judgment in regard to bitcoin’s managed development and that the potential for inflation should at least be considered, 

There’s confirmation bias. We’re all very bullish on bitcoin, I certainly am, and so we want to pick out arguments and facts that support our position rather than trying to see all sides of a debate and have a more balanced view. Or at least have some level of uncertainty and self awareness in how much support we actually have for our arguments.

Future of BTC

Rochard pointed to an article written in 2015 by Silicon Valley entrepreneur Ryan Selkis, under the name TwoBitIdiot, arguing that bitcoin needed inflation despite the controversy of the idea. He also pointed to the increase in block size from 1MB, which at the time was considered blasphemous to bitcoin’s protocol, as analogous to the idea of introducing inflation. 

Rochard concluded that the bitcoin community has “a good 10 to 20 years to argue about it,” before inflation becomes a pressing issue. 

 

Featured Image Credit: Photo via Pixabay.com