Golden Finance: Generally speaking, what is the difference between this upgrade and the previous upgrade?
Sun Yuchen: This upgrade of the main network is a major upgrade of the Tron since December last year. The main purpose of the previous upgrades is to establish a network. This upgrade is the first major improvement of the network performance. I think the greatest benefit for the future is mainly two points: first, the network performance has been greatly improved, and second, paving the way for the institutes to enter the Tron.
Golden Finance: We see that there are six major improvements in this upgrade. You specifically emphasize multiple signatures. Can you focus on our interpretation and the changes it brings?
Sun Yuchen: Multi-signature is very important for institutional investors and high net value investors, because institutional investors tend to keep encrypted currency assets institutionalized, and need multiple people and multiple processes to manage them. Because multi-signature makes it possible to manage encrypted currency multi-signatures. It can be said that without multi-signature, there will be no institutional investors.
Golden Finance: Does the progress of cooperation with BitGo benefit from the improvement of multiple signatures? Can you talk about cooperation with BitGo?
Sun Yuchen: Indeed, BitGo is the world’s largest provider of encrypted money custody services. At present, they have added TRON to their support sequence, paving the way for TRON to gain global institutional investors and high net worth investors. For BitGo’s support of TRON, adding multiple signatures is one of the preconditions, otherwise institutional investors can not be trusted.
Similarly upgrade the TRON and upgrade the super-etheric square
Golden Finance: Is this the biggest news in the past six months? Look at the interaction on Twitter. So what are the visual effects of Dapp that we are concerned about? Can you give us an example of Dapp’s image?
Sun Yuchen: The promotion of Dapp is also tremendous. Network performance, block broadcasting and resource utilization efficiency will be significantly improved, with a range of 50%. At that time, we foresee the outbreak of Dapp ecology. At the same time, the dynamic adjustment mechanism of energy ceiling can also make the energy use in TRON network more efficient.
Golden Finance and Economics: Etaifang is also a hard bifurcation at almost the same time. How to comment on the upgrade of the main network?
Sun Yuchen: This upgrade of ETF paves the way for the transformation of POS in the future. Of course, it is very critical for ETF itself. But for performance, it is still a minor patch. The performance level improvement is far worse than TRON. At the same time, ETF still can not support multiple signatures. It can only be achieved through intelligent contracts, but it is full of risks.