Home Tech TRON takes a further step towards more decentralisation

TRON takes a further step towards more decentralisation

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Earlier this year, a group of special representatives was tasked with launching the Genesis block on 25th June, the independence day of TRON.

Consisting of 27 anonymous, volunteer Genesis representatives, the group was known as the TRON Independent Group. The job of TIG during the transition was as to provide super representatives with a fast track for TRX migration, and provide exchange services for those major crypto exchanges that support TRX token migration. On top of that, the representatives were trusted with the 342 million TRX that the Tron Foundation holds, organising the Foundation’s independence day live stream, and handing out some TRX during said live stream, so that people could sample the features of the TRON mainnet.

No pressure, then.

The plan then was to replace the Genesis Representatives with the newly elected Super Representatives after the first SR elections that started on 26th of June, right after the Independence Day event. And that process is pretty much now complete. Marcus Zhao, the leader of TRON’s public chain division, has now announced the removal of the power of Genesis Representatives in a tweet:

Marcus Zhao@Marcus_ZhaoHong
the proposal of removing the power of the GR will be approved.https://trxinfo.org/#/proposal 

It’s taken a little longer than planned. The first vote that was organised was rjected in late October after failing to achieve the required number of votes. This is the second vote from Super Representatives. The first attempt only received 16 votes, whereas, the new vote to remove the power of the Genesis Representatives has got 20. It has passed the 19 required votes mark, and thus the plan can move ahead.

The thinking is that removing Genesis representatives allows the network to become more decentralized.

Source: cryptonewsreview.com