Justin Sun on TRON Hard Fork: “Without Multi-Signature, There Will Not Be Institutional Investors.”
Jeremy Wall's original article for www.investinblockchain.com reduced by 43%
Justin Sun, the founder of Tron and BitTorrent Token as well as the CEO of BitTorrent Inc and the Tron Foundation, was recently featured in an AMA session on Binance's English language Telegram group. The AMA covered an array of topics regarding the BitTorrent Token, BitTorrent Speed, future developments, and the Tron hard fork that was just recently successfully completed. The hard fork was successful, resulting in a number of sophisticated features being added to Tron's major blockchain upgrade.
Upon the successful execution of Tron's hard fork, Marcus Zhao, the head of Tron public chain division, expressed his excitement over Twitter and provided links to the Odyssey v3.5 GitHub page. Adding to this, Sun spoke about the importance of multi-sig for institutional investors, stating that it will allow investors to better manage Tron and Tron-based cryptocurrencies with multi-layer procedures. "Multi-signature is essential to institutional investors and investors with high net worth because institutional investors usually use institutionalized approaches to keep cryptocurrency assets, which are managed by multiple parties and with multi-layer procedures.
Therefore, multi-signature allows multi-layer management of cryptocurrencies. It's fair to say that without multi-signature, there will not be institutional investors." Do you think institutional investors will be more attracted to Tron now that multi-sig is supported? Let us know what you think in the comment section below.
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