• Terms and Conditions
  • Privacy Policy
  • FAQs
Wiki Crypto
  • Crypto News
  • Learn
  • Market
  • Bitcoin
  • Ethereum
  • Opinions
  • Technical Analysis
No Result
View All Result
  • Crypto News
  • Learn
  • Market
  • Bitcoin
  • Ethereum
  • Opinions
  • Technical Analysis
No Result
View All Result
Wiki Crypto
No Result
View All Result
Home Crypto News

TRON Gains Powerful Support for Global Expansion with Huawei’s Web 3.0 Node Engine Service

Rida Sarwar by Rida Sarwar
August 8, 2023
in Crypto News
Reading Time: 3 mins read
A A
5
SHARES
254
VIEWS
ShareTweetShareShare

Key Takeaways

  • TRON has received a substantial boost for its global expansion efforts as it gains support from Huawei’s Web 3.0 Node Engine Service (NES).
  • This alliance underscores TRON’s growing influence and technical capabilities on the global blockchain stage.
  • The support from NES brings substantial benefits to TRON

TRON is making waves in the industry with the support it has garnered from Huawei’s Web 3.0 Node Engine Service (NES). As a pivotal announcement, this backing from NES underscores TRON’s commitment to global expansion and technical innovation.

Huawei’s Web 3.0 NES has recently launched as a service aimed at connecting developers with mainstream blockchains. TRON has emerged as one of the pioneer networks to receive support from NES. This is signaling a significant step forward for both TRON and the broader blockchain ecosystem. This support enhances TRON’s influence on the global stage while bolstering its technical prowess and expansion initiatives.

A Milestone for TRON’s Ecosystem

Being among the earliest networks to receive backing from NES is a milestone moment for TRON. The support not only elevates TRON’s global presence but also turbocharges its capabilities and growth trajectory. NES simplifies node operation and management, providing stability, efficiency, and security in its Web3 services.

Advantages of NES for TRON

NES streamlines the management of blockchain networks, resources, and verification. In the realm of performance, TRON’s unique consensus mechanism contributes to its higher transactions per second (TPS) compared to Ethereum. NES’s endorsement further accelerates TRON’s development, positioning it as a force to be reckoned with in the blockchain landscape.

NES’s support simplifies node operation and maintenance for TRON users, facilitating rapid node configuration. Hosting a node on TRON through NES translates to seamless blockchain interaction and efficient DApp development, heightening TRON’s allure for both developers and users.

TRON’s Impressive Profile and Collaborations

TRON’s accomplishments in the global payment industry, along with its extensive user base, remarkable transaction speed, security, and scalability, have solidified its standing. Tron uses a delegated proof-of-stake (DPoS) consensus, and Ethereum uses a proof-of-stake (PoS) consensus mechanism. Moreover, Tron claims to process 2,000 TPS (transactions per second) compared to Ethereum’s 15 TPS. 

From National Blockchain to Web3 Infrastructure

TRON’s partnership with the Commonwealth of Dominica, designating it as the national blockchain, underscores its evolution. Now focusing on Asia, particularly Hong Kong and Japan, where the Web3 ecosystem thrives, TRON is poised to leverage the introduction of Huawei Web 3.0 NES to offer more streamlined, efficient services to its ever-growing community. After the TRON DAO Greenlights TVM Upgrade Proposal, NES support is a good step ahead for Tron.

Source

https://chainwire.org/2023/08/08/tron-receives-support-from-huawei-web-3-0-node-engine-service/

Tags: CryptoCrypto Market News
Rida Sarwar

Rida Sarwar

Rida Sarwar, a seasoned journalist with a knack for the new-age financial landscape. With 5+ years under her belt, Rida has an extensive background in Crypto, Fintech, and Blockchain journalism. Her analytical skills, coupled with her passion for decrypting complex tech phenomena, make her a reliable source for insightful, well-researched narratives. Guiding the uninitiated through the maze of the digital finance world, one article at a time. 📚💻🌐🚀

Recent Market News

Crypto News

JPEX Crypto Fraud: Hong Kong and Macao Police Nab Four Additional Suspects

by Rida Sarwar
September 29, 2023
0
254

As the JPEX fraud investigation continues with more arrests, investors hope for justice. This case underscores the need for constant...

Read more
SEC Oversight and Its Implications on Cryptocurrency

SEC Oversight and Its Implications on Cryptocurrency

September 29, 2023 - Updated on October 1, 2023
252
Cosmos SDK Integrates Optimistic Execution to Accelerate Blockchain Processing

Cosmos SDK Integrates Optimistic Execution to Accelerate Blockchain Processing

September 28, 2023
253

Latest Technical Analysis

Bitcoin ETF Fever Will Approval Spark a Bull Run in Bitcoins Price Opinion
Crypto News

Bitcoin ETF Fever: Will Approval Spark a Bull Run in Bitcoin’s Price?

by Rida Sarwar
September 3, 2023 - Updated on September 5, 2023
0
257

Bitcoin ETF approval is a hot topic, fueled by regulatory shifts and market dynamics. Key influencers see potential, but market...

Read more
Dogecoin DOGE Price Analysis 20 August 2023

Dogecoin (DOGE) Price Analysis (20 August 2023)

August 20, 2023 - Updated on August 22, 2023
258
Bitcoin BTC Price Analysis 19 August 2023

Bitcoin (BTC) Price Prediction *Updated (01 October 2023)

August 19, 2023 - Updated on October 1, 2023
319
Solana SOL Price Analysis

Solana (SOL) Price Analysis *(01 October 2023)

August 17, 2023 - Updated on October 1, 2023
267

Ethereum’s Recent Price Movement and Recovery

August 9, 2023 - Updated on August 16, 2023
257

Wiki's Opinions

Crypto News

JPEX Crypto Fraud: Hong Kong and Macao Police Nab Four Additional Suspects

by Rida Sarwar
September 29, 2023
0
254

As the JPEX fraud investigation continues with more arrests, investors hope for justice. This case underscores the need for constant...

Read more

PLEXUS Enhances Cross-Chain Capabilities with Integration into Allbridge Core

September 29, 2023
252
SEC Oversight and Its Implications on Cryptocurrency

SEC Oversight and Its Implications on Cryptocurrency

September 29, 2023 - Updated on October 1, 2023
252

Join Our Newsletter

Subscription Form

News Categories

  • Crypto News
  • Featured
  • Opinions
  • Press Release
  • Technical Analysis

Resources

  • Contact Us
  • FAQs
  • Sitemap
  • Terms and Conditions
  • Wiki Crypto
  • Wiki Crypto Privacy Policy
  • About
  • Terms and Conditions
  • Privacy Policy
  • FAQs
  • Contact Us
  • Sitemap

© 2023 Wiki Crypto All Rights Reserved

No Result
View All Result
  • Crypto News
  • Learn
  • Market
  • Bitcoin
  • Ethereum
  • Opinions
  • Technical Analysis

© 2023 Wiki Crypto All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.