Justin Sun says Tron is exploring ways to integrate ZK-EVM Justin Sun says Tron is exploring ways to integrate ZK-EVM
Justin Sun explained that the zkEVM integration has the potential to benefit the TRON and Bittorent ecosystems.
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Updated: Jul. 18, 2023 at 9:32 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Tron network founder Justin Sun said his blockchain networks — TRON (TRX) and BitTorrent (BTT)– are exploring ways to integrate zero-knowledge Ethereum (ETH) Virtual Machine (zkEVM) into their ecosystems.
The Zero Knowledge (ZK) rollup is a layer2 solution allowing several transactions to be batched off-chain and executed on the mainnet.
In an April 5 Twitter thread, the crypto entrepreneur explained that such integration has the potential to benefit the TRON and Bittorent ecosystems.
He added that such benefits include increased privacy and security, improved scalability, and enhanced interoperability with other blockchain platforms.
Meanwhile, Sun’s statement comes at a time when the development of Zero-knowledge proofs is gaining momentum. In March, Matters Lab and Polygon zkEVM went live on the mainnet.
Sun noted that they are merely still exploring the possible integration of technology. It is not a guarantee that it will be implemented.
He added:
“Tron and Bittorent are known for their commitment to innovation and pushing the boundaries of blockchain technology, so it’s not surprising that they are exploring new avenues for improvement.”
It is uncertain how the integration will work.
BitTorrent is a cryptocurrency token project that Sun acquired in 2018. Tron is a smart contract blockchain network with the total value of assets locked within its ecosystem at $5.37 billion, according to DeFiLlama data.
TRX is trading at $0.0665 after gaining 3.5% in the last seven days, while BTT is up 4.2% within that period, according to CryptoSlate’s data.
Sun legal issues
Meanwhile, Justin Sun is facing civil charges from the U.S. Securities and Exchange Commission (SEC) for violating securities law.
The lawsuit also specifically mentions the manipulation of the secondary market for TRX through celebrity marketing and wash trading.
Sun has described the charges as lacking merit and an attempt by US authorities to silence the crypto industry. He added that Dominica had adopted TRX and BTT as legal tender.
The crypto entrepreneur’s ambassadorship to the World Trade Organization (WTO) ended on March 31.
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Oluwapelumi Adejumo
Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
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Founded with a leading peer-to-peer sharing technology standard in 2004, BitTorrent, Inc.
Justin Sun has carved a name for himself as a leading figure in the blockchain sector.
