On August 30, the co-founder and CEO of Tron, Justin Sun held an official session where he spoke of the key recent collaborations of Tron Foundation as he announced the launch of Tron Virtual Machine. During the session, Sun shared official information and key updates regarding recent developments of the company and the cryptocurrency.

First of all Sun covered the topic of TRX payment channel confirming that it “has taken another step towards expansion” mainly due to the loud and important recent partnership with PornHub. In addition, the CEO highlighted the importance of collaboration with Bitcoin Superstore which opened multi-thousand markets for the TRX virtual currency.

Further on Sun highlighted the importance of the support of list of major exchange platforms worldwide which showed support for TRX payment. “Tron has established a partnership with the social media giant, Line and that the token has been successfully listed in the Bitbox exchange. In addition to this, TRX has been listed on various exchange platforms. This includes Kryptono, CoinSwitch, Coinex, Bitnovo, Kucoin, and Atomic”, said Justin Sun.

Another major highlight of the session was the celebration of Sun’s close to 1 million followers of Facebook as well as successful acquisition of Blokchain.org domain name which show promising further developments for the company and increasing interest towards the cryptocurrency, according to the CEO. “The development of the industry relies on all the participants to play this part. Tron has the capability and the responsibility to contribute to the developments of the industry”, stated Sun.

Finally Sun spoke about the proposal which was made by the Tron Foundation back on August 13. It suggested pertaining rewards for the Tron Super Representative candidates with the reward of from 16 TRX for every 3 seconds to 32 TRX for every 3 seconds. According to the rules, Tron community hence is requested to vote and decide whether to pass the proposal or not. “If the proposal is approved by the community, then it would further help motivate the SR candidates. This will also bring about a great difference in the development of the entire network”, concluded the sum-up section of the session.