Tron [TRX] aims for higher stakes in the cryptocurrency industry, SR club grows in size
On 9th August, Justin Sun, the Co-Founder of Tron announced that Huobi Global, the cryptocurrency trading platform, has become a Tron Super Representative. The trading platform will become the 65th member in the Tron Super Representative community.
As an SR member of the Tron Foundation, they will have a major role in the future governance structure of the firm and will mainly represent the will of the people. The Super Representatives will act as guardians of the Tron network and actively participate in the calculation and validation of the network.
The entire process of the candidacy for the Tron Super Representative is democratic, with the ultimate goal to ensure proper governance of the network. Huobi Global has also stated that t is willing to “participate in carrying out the efforts of promoting the blockchain technology.”
Hareram, a Twitter user commented:
“goods,it would be 1 cents soon!”
Josh, another Twitter user said:
“Hey @justinsun you giving away any trx for a long time hodler?”
According to reports, this is the third entry to the Super Representative list his week, with uTorrent being the last one before Huobi Global. The Tron Foundation was also in the news for conducting its first-ever global all-hands meeting, where all the members from Beijing, as well as San Francisco, attended the meeting. The Foundation stated that the Tron family has grown from 108 members to 300 members. They have stated that this will allow Tron to surpass Ethereum.
Huobi Global has been a frequent newsmaker in the cryptocurrency world due to the rapid addition of cryptocurrencies on the platform. The latest coins to be added on to the trading platform were EOS and Stellar Lumens [XLM].
Huobi has a string of updates in its pipeline with plans to attract more investors, a fully functional stable Application Programming Interface [API] and a transaction environment that will be more stable and seamless for the users to trade on.
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