Tron Starts Testing Anonymous Transactions, Accepts Contributions on GitHub

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Tue, 12/17/2019 - 11:04
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Yuri Molchan
Tron CEO Justin Sun announces the beginning of beta-trials for shielded transactions, which hide user and receiver’s addresses and asks developers to contribute on GitHub
Tron Starts Testing Anonymous Transactions, Accepts Contributions on GitHub
Cover image via tron.network
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Justin Sun has been promoting its major brainchild Tron is all possible ways and manners and even paid over $4 mln for the lunch with Warren Buffett that never happened.

TRX has been already listed on numerous crypto exchanges and is now pending to be considered for listing on Binance.US.

Still, Sun keeps developing the blockchain itself and adds new features to Tron. This time he speaks about testing shielded transactions for TRX users.

Tron kicks off beta-trials for shielded transactions

In a series of tweets, Justin Sun announced that Tron has begun resting shielded transactions for TRX users. These transactions will hide the addresses of the sender and the receiver, the transacted amount and the transaction input/output.

A zk-SNARK basis

These new shielded transactions are based on zk-SNARK (a zero-knowledge algorithm). Tron will also be using a multi-party computation protocol (MPC) for building the necessary parameters in a secure and transparent manner. The system is meant to be protected from malicious attacks that hackers may try to conduct.

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Developers' contributions are welcome

Justin Sun says that the testing phase is highly scalable, thus the more developers can participate the better. The Tron CEO invites dev teams to contribute to the project on GitHub or e-mail Tron for further information.

New blockchain game to be released on Tron

As reported by U.Today earlier, a new game is being developed based on the Tron chain and it may be using TRX. The game is being made by the Team JUST project, which claims to be working with ‘autodecentric theory of mind artificial intelligence’.

The team’s project is dubbed JUST.GAME. The code name for it is Ghost3D and it is planned for release on December 22.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.