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Tron 4.0 Launched Successfully With Much Fanfare

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Congratulations to all TRX holders! Tron 4.0 is here.

In the true Tron fashion, Tron 4.0 received a grand launch. Many prominent figures of the crypto industry participated online in today's Tron Conference - Great Voyage: TRON 4.0 Global Release Online Conference.

Tron also announced the launch of its new single-lettered top tier domain name viz. t.network

In the run up to this launch, Tron also became the 4th blockchain to get its own emoji on Twitter. The other 3 being Bitcoin, Crypto.com's CRO and Binance.

The single biggest feature of Tron 4.0 is advanced privacy. It has implemented zk-SNARKs on its smart contracts.

Tronz Foundation claims:

This will mark the first time in history where zk-SNARKs will be implemented on a blockchain-powered by smart-contracts.

As we know that zk-SNARKs are what privacy centric blockchain ZCash is based on. However, Tron 4.0 won't make TRX transactions anonymous. But develpers can adopt the shielded transaction feature on Tron 4.0 smart contacts.

Tron 4.0 also makes Multi Party Computartion (MPC) solutions posible on blockchain, for private computing needs.

However, in January Coin Telegraph had reported that both MPC as well as zk-SNARKs implementation appears to be almost entirely copied over from Zcash.

Other features of Tron 4.0 include faster block confirmation times; cross-chain confirmation, and enterprise-grade customized solutions for businesses.

Whatever the controversies regarding code may be, these integration should make the Tron chain more robust , scalable and stable.

However, it may take some time for developers to make some dapps that can take advantage of these privacy features. How they integrate and what use they put it to wil make all the difference. If it helps in making some very useful dapp, price should do better.

What's your take on it?