Justin Sun participated in The Trends Summit in Russia via video link. He said that TRON’s ultimate vision is to build a Web3 free financial port in the metaverse. (Related supplement: TRON USDC (Tron-Peg USD Coin) is officially launched, creating a new seamless interactive experience for cross-chain stablecoins) (Related supplement: HashKey Global launches TRON (TRX), Tron’s compliance globalization process takes a new step Step) This article is a widely edited article, written and provided by TRON. It does not represent the position of TRON, nor is it investment advice, purchase or sale advice. See the liability warning at the end of the article for details. Recently, at The Trends Summit held in Moscow, Russia, Justin Sun, founder of TRON and member of the Global Advisory Board of Huobi HTX, attended online and delivered a video speech, in-depth analysis of the development trends of the encryption industry in the second decade. Justin Sun emphasized that the next ten years will be a golden period for the public chain ecosystem to support implementation scenarios and the rapid development of decentralized applications (DApps). He believes that the advantage of TRON lies in the DAO governance method, and the high scalability and compatibility established from the beginning make it easy to handle these needs. Justin Sun’s speech provided valuable insights into the development of the encryption industry and laid the foundation for TRON’s strategic planning in the second decade. Under the leadership of Justin Sun, TRON will continue to promote the development of public chain ecology and decentralized applications, and contribute to the realization of the vision of the Metaverse Web3 Free Financial Port. At the beginning of his speech, Justin Sun expressed respect for users and developers in Russia and other countries and regions. He pointed out that the Russian community has contributed many well-known projects and platforms to the global network and encryption industry in the fields of Web2 and Web3, such as Ethereum. Square, Telegram, etc. Most of the developers of these projects have Russian or Russian backgrounds. Justin Sun reviewed the rapid development of the encryption industry in the past ten years and put forward his thoughts on the direction of the industry in the next ten years. He believes that the key to the second decade lies in how the public chain ecosystem can establish a prosperous and efficient system, and how DApp can meet the diverse needs of users, thereby promoting the development and application of public chain technology. Justin Sun shared the development history of TRON since its establishment in 2017. He said that the TRON network already has 2.700 million accounts, a total of 8.9 billion transactions, and more than $14 trillion in circulating assets. With its advantages of fast efficiency and low cost, TRON has achieved remarkable results in multiple tracks and formed a complete and prosperous public chain ecosystem. Justin Sun pointed out that public chain platforms have shown strong strength in terms of security, usability and scalability, but with the popularization of encryption concepts and changes in demand, it is imperative to improve the performance of public chain networks. Taking TRON as an example, he introduced the improvement of the network energy limit and the advantages of the DAO governance method. He also mentioned Ethereum co-founder Vitalik Buterin’s plan to improve network performance, emphasizing that this is a consensus in the industry. Sun Yuchen also mentioned that the public chain track needs to pay attention to the improvement of ecological layout to adapt to the emerging new needs. He said: "What the industry, especially the public chain track, needs to pay attention to is that when the performance and experience are good enough, the public chain must continue to make up for it and form a systematic ecological layout. This is why every time a new one appears When it comes to narrative, TRON and I will immediately express our support, because narrative is also driven by demand, whether it is to solve the needs that everyone can see, or to discover the needs that may explode in the future. "In addition, TRON has always been there. Maintaining an open and supportive attitude, we encourage developers to innovate in different tracks by holding hackathon competitions and other methods. at present. TRON's Hackathon Competition has also been held in its seventh season, and rewards are given to winning development projects in diverse tracks such as DAO tools, SocialFi, SDK, AI, and network infrastructure. He pointed out that stablecoins are currently the most advantageous application on TRON, demonstrating the potential of encryption technology to reshape the financial system. "As far as TRON is concerned, stablecoins are currently the most advantageous application with the best development momentum. It demonstrates the potential and ability of encryption technology to reshape the existing financial system. According to data from the second quarter of this year, stablecoins The total network transaction volume reached US$8.5 trillion, more than double the US$3.9 trillion of traditional payment giant VISA during the same period.” Sun Yuchen expressed optimism about user growth and on-chain activities in the encryption industry, but he also pointed out that the current on-chain activities. It is mainly limited to transfers, especially the circulation of stable coins, and its application scenarios are relatively simple.He expects TRON to promote the formation of a Web3 lifestyle and eventually build it into a Web3 free financial port in the metaverse. At the end of the speech, Justin Sun expressed his firm confidence in the future of TRON and Web3. He said that as a globally trusted platform and a persistent entrepreneur, he believes that in the next decade, TRON will not only continue its past achievements, but also create new miracles and provide better services and experiences to global users. . It is reported that The Trends Crypto Summit is one of the most anticipated events in the Russian blockchain and cryptocurrency field. The summit covers areas such as blockchain, artificial intelligence, the gaming industry and future city technologies, and includes activities such as keynotes, panel discussions, networking opportunities and an exhibition area. ＿＿ Editorial disclaimer: The content of this article is a publicity manuscript provided by the contributor. The contributor has no relationship with Dongzhong, and this article does not represent the position of Dongzhong. This article is not intended to provide any investment, asset advice or legal advice and should not be considered an offer to buy, sell or hold assets. Any services, solutions or tools mentioned in Guangxuan manuscripts are for reference only, and the final actual content or rules are subject to the announcement or explanation of the contributor. Dongguan is not responsible for any possible risks or losses and reminds readers to proceed. Be sure to check carefully before making any decisions or actions. Related reports Justin Sun: Chainlink Data Feeds will become the official oracle of the TRON ecosystem SunDog: The new star in the TRON ecosystem, the next top exchange? TRON, Tether and TRM Labs join hands to establish T3 Alliance to jointly combat blockchain financial crimes. "Sun Yuchen attended The Trends Summit in Russia: In the second decade of the encryption industry, the public chain ecosystem will develop rapidly." This article was first published on Dongfang District BlockTempo (Dong District Dongzhi - the most influential blockchain news media).