Justin Sun is appealing the new names for TRON-based privacy coins

Tron’s CEO, Justin Sun, spread in a recent tweet, that the Tron network is about to launch some privacy coins. Justin Sun asks the community for ideas regarding future names.

In the tweet, Sun opened his followers an opportunity to suggest what the name of the privacy coin might be. And this has been welcomed with lots of feedback.

Sun first announced a protected transaction update last year and the technology entered beta testing in December. Proposals for the new TRON-based privacy coin, so far, have been a mix of the practical, the amusing, and the critical. Falling into the previous list are suggestions such as “P-TRX” and “TronZ”.

Finally, several respondents used the opportunity to attack the TRON network. Proposals such as from “$ SCAM”, “Scamcoin”, “$ SHIT” have so far received more likes than any less bad ideas.

During a recent live broadcast, Justin Sun stated that the Tron group has no plans to sell any 33 billion TRX they hold in order not to push the price down.

Besides, the company still plans to start a plan to buy TRX to reduce the circulation of these tokens. Justin Sun says Tron gets it done because he believes TRX is underestimated.

Now imToken supports TRON Mainnet

In another development, Tron CEO Justin Sun shared another achievement capable of supporting the consistent growth and development of the Tron Ecosystem.

According to Sun, users can now send and withdraw TRX digital tokens and all TRC10 and TRC20 tokens available on imToken.

In addition to Tron, the imToken wallet also works with coins like Litecoin, Bitcoin Cash, and NERVOS. This has turned the wallet into a multi-chain platform since it now supports eight coins.

At the end of 2019, Tron with its native currency TRX, as well as all Tron-based tokens, was added by McAfeeDEX.

Transactions are protected on TRON

In a Twitter thread, Sun explained some details about the privacy features that come with TRON.

Protected transactions report hidden addresses of both the sender and the receiver, the amount sent the transaction inputs, and outputs. The upgrade uses zk-SNARKs, which seen on Zcash, Tezos, and other crypto-assets, and a multi-party computing protocol.

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