Justin Sun, Founder of TRON, Global Advisor of HTX and Prime Minister of Liberland, delivered a keynote address at the Chainlink SmartCon, held in Hong Kong from October 30 -31. This industry-leading conference brought together top blockchain founders and experts from the world’s largest financial institutions and market infrastructures, where TRON DAO was featured as a Silver Sponsor. During his keynote speech, Sun announced that Chainlink Data Feeds will become the official data oracle solution for the TRON blockchain ecosystem as part of TRON DAO joining the Chainlink Scale program.

Event Highlights

TRON DAO was proud to participate as a Silver Sponsor at Chainlink’s SmartCon, where its booth became a vibrant hub for engaging with industry leaders, developers, and blockchain enthusiasts. The event offered TRON a valuable opportunity to showcase its latest innovations and vision for empowering creators, developers, and users through a decentralized ecosystem.

Justin Sun’s Keynote Highlights

“Chainlink’s industry-standard data oracles will help secure JustLend and JustStable—the two largest DeFi applications on TRON, representing over 6.5 billion in Total Value Locked (TVL),” Sun stated. TRON’s participation in the Chainlink Scale program provides developers with sustainable access to high-quality and hyper-reliable oracle services while also creating additional opportunities for Chainlink and TRON’s $60 billion in stablecoins and real-world assets (RWAs).

Initially, TRON will cover certain operating costs of Chainlink oracle networks (e.g., transaction gas fees) for a period of time, before such costs can transition to being fully covered by dApp user fees as the ecosystem matures.

Sun also highlighted the TRON blockchain’s significant growth, reporting a global user base of over 270 million accounts and 8.8 billion transactions. Additionally, the TRON blockchain achieved historical highs with $577 million in quarterly protocol revenue in Q3 2024.

Looking Ahead

In closing his keynote, Sun highlighted several initiatives on TRON’s roadmap: a Bitcoin Layer 2 solution and gas-free stablecoin transfers. With these key initiatives, TRON DAO plans to expand accessibility, empower developers, and ease blockchain adoption, setting a strong foundation for developers and projects building on the TRON blockchain.

Source : Bitcoin News - Nov 7, 2024