- July 12, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Justin Sun, the founder of the Tron blockchain has reaffirmed his unwavering commitment to the ongoing development of the Tron blockchain network, following a significant legal victory in the People’s Court of China against the Chongqing Business Media Group, which had previously accused him of fraudulent activities.
Tron Blockchain Services Will Continue Globally
The Tron founder Justin Sun disclosed his unwavering commitment to continuously build the blockchain network on Thursday on the X (formerly Twitter) Platform. His dedication demonstrates his strong vision for the blockchain’s future, as he seeks to establish its position in the blockchain sector globally.
Related Reading: Tron DeFi On Fire: Ecosystem Surges Past $21 Billion Milestone
It is worth noting that Sun recently defeated the Chongqing Business Media Group in a significant defamation case in the People’s Court of China after the media accused him of engaging in fraudulent activity.
Specifically, the media admitted in an apology statement that it had seriously harmed Sun’s reputation by publishing inaccurate and defamatory content without adopting a proper investigation or providing supporting documentation. So far, the media has since deleted all of its fabrications on the Tron founder.
The case between Sun and the Chongqing Business Media Group has been ongoing for more than 2 years now. However, despite the lengthy process, the founder did not allow the case to hinder his vision for innovation and more growth, as he was confident about the positive outcome of the lawsuit.
Therefore, Sun has reassured his steadfast dedication to keep building the Tron blockchain. Furthermore, he has noted that Tron will keep making an impact in the crypto industry by offering services and technologies to people and businesses all across the world.
The post read:
Despite the lengthy process and facing FUD, I was confident in the outcome. My long-term commitment to blockchain remains unwavering, and I will keep building.TRON will continue making an impact by providing technology and services to individuals and organizations globally.
Thus far, Sun has expressed his gratitude toward the director of special projects at the Block firm Frank Chaparro, and the team for offering a platform for his triumph and the sector.
The Blockchain Poised For Explosive In This Second Half
Justin Sun’s commitment comes as the network’s active user base, transaction volume, and decentralized apps (dApps) continue to rise. As a result, the founder believes the blockchain will experience remarkable growth in the second half of this year.
Sun has made this prediction to tackle several recent uncertainties around the blockchain’s performance, as he believes the current value of the Tron ecosystem is significantly underestimated. He has also displayed several efforts to improve the blockchain in order to achieve this goal.
Last week, the team disclosed plans to develop a new approach that will allow stablecoin transfers on the network without paying any gas fee, allowing the fees to be fully covered by the stablecoins. According to Sun, this initiative will support Ethereum and all public chains that are compatible with the EVM after being deployed on the Tron blockchain initially.
