The founder and CEO of Tron “Justin Sun” announced that there will be an exciting project coming in the next few days and this exciting project will be unfamiliar to crypto users.

Sun did not reveal enough details about the project, nor about the official launch date or other detailed specifications for this new project.

But he said he will reveal more details on June 8th

We have an exciting project to be announced on June 8th! Stay tuned and guess!

Justin Sun (@justinsuntron) May 30, 2020

To set off a number of guesses and speculation about what this exciting project.

Read:Now it is possible to trade cryptocurrencies on Facebook and Twitter by installing this add-on

Tron 4.0 release?

Although most community responses have been jokes or negative comments towards Sun and its ad, some users have speculated about the possibility of releasing a Tron Network upgrade to version 4.0.

This is on the back of a Tron survey conducted last week to measure the popularity of Tron versus Ethereum 2.0.

Justin Sun celebrated yesterday, May 31, as the day the mainnet was launched on May 31, 2018.

Sun stated that there have been many things that have evolved since that date, as the network has reached nearly 6 million accounts in total, 750 decentralized applications, 20 million blocks and the reception of Tether on the network.

Take a look at the stats changed from May 15th to May 28th according to Tweet embed

✅Total accounts on # TRON reached 5.9 million
✅ Total transactions reached 1 billion
The height of the block exceeded 20 meters
TRC20-USDT trading exceeded 2.2 million
More details👇

Justin Sun (@justinsuntron) May 31, 2020

Sun also shared some details about the Multilateral Computing (MPC) project, as this project was launched in January of this year that will allow the creation of random beacons on Tron, in this way there will be more privacy on the Tron blockchain.

Read:Liquidation of $440M Positions After Bitcoin Drops Below $40K

Tron Foundation stated that this feature will be one of the most important updates, and part of Tron 4.0, its ad text is as follows:

The Torch Project ensures security and trust in TVM’s zkSNARKs and contributes to the development of blockchain privacy protection technology.

Read:Deutsche Bank issues bonds on the EOS blockchain

MPC is coming to an end and will generate random beacons.

In conclusion, it remains to be seen what project “Sun” will reveal on June 8.

The last time the CEO of Tron made a similar announcement, the Steemit purchase was revealed.

After the purchase, the following weeks saw a rise in tensions between some Steem users and Justin Sun.

As a result, the community that disagreed with the decisions about Steem launched a hard fork and created their own platform called Hive, which we previously touched on on the Arab Bitcoin website with an article titled:

What is the difference between the HIVE project, whose currency doubled this week, and the Steem project, which was recently acquired by Tron?

Read also:

Who is Justin Sun? And what is the founding story of the Tron Network (TRX)?