Huobi Support Mainnet Launch and ERC-20 Tokens Swap TRX and ONT

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Huobi Support Mainnet Launch and ERC-20 Tokens Swap TRX and ONT

Tron (TRX) and Ontology (ONT) are going to switch to mainnet and require users to swap their ERC-20 tokens to their own native platform tokens. Huobi has supported many mainnet launches (e.g. EOS) and will support many more token swaps like Tron (TRX) and Ontology (ONT). Mainnet swap is migration of main blockchain from old blockchain network to new blockchain network of tokens or coins. Mainnet swap decision by development and community of tokens or coins. Purpose of mainnet swap is for better blockchain network of tokens and coins (e.g. for transaction speed, lowered fee transaction, and more supported blockchain network for user and wallet). If user who have Tron (TRX) and Ontology (ONT) token and not followed mainnet swap or swap ERC-20 tokens for native tokens, may be token or coins will worth nothing.

Why You Should Deposit TRX & ONT on to Huobi Pro ?

For easiest way and more convenient to complete mainnet swap and swap ERC-20 tokens for native tokens, user can deposit their token to Huobi Pro. They need to deposit TRX and ONT from wallet to their Huobi Pro account before mainnet swap and swap ERC-20 tokens for native tokens launched. If the ERC-20 TRX / ONT tokens are in Huobi Pro, then Huobi Pro will do the swapping of the new tokens for you. But, If the token is in a wallet, you will not be able to move or trade them. Take some time for Create New Huobi Pro Account and make deposit TRX and ONT to your Huobi Pro Account for more convenient swapping Tron Mainnet and Ontology mainnet.

Source: https://waktunyabukamata.blogspot.com/

Deposit TRX & ONT on to Huobi Pro, so You Can Still Trade the Token !

The liquidity of the tokens in a wallet is completely illiquid during the transition period of the mainnet launches. This transfer of TRX & ONT from ERC-20 token to mainnet token may take longer than expected, so users will not be able to trade the token based on interim news. But, if you deposit and save Tron & Ontology in Huobi Pro, you can still trade the token and let it Huobi Pro swapping new tokens for you and get the new issuance of the TRX / ONT tokens. ONT native tokens are also indivisible (the smallest unit is 1 ONT). If your NEP-5 ONT amount is not a whole number you must buy (or sell) some to round the number up (or down) before performing the ONT mainnet token swap manually. As for Tron tokens, the token swap is supported forever by Tron foundation and exchanges unlike Block.one for EOS tokens who freezes all tokens after the mainnet launch.  You do not need to worry about such issues if your tokens are held in Huobi Pro, Just Create New Huobi Pro Account and deposit your TRX and ONT to your Huobi Pro Account.

Source https://medium.com/@Tronfoundation

Based by Tron weekly report March, 26 – June, 01, Tron (TRX) Labs have completed work and have more progress work of Technical Development. Tron development in structure; completed work for fixed the bugs in the stress test and ensured timely launch mainnet, consensus work have completed the bandwith model; completed scheme to provent malicious account creation, and for wallet development have completed to added length limitation to account name; used test tools to check test coverage and added unit test. Work progress development of Tron Labs for structure; is set up stress tes and fix bugs, for consensus is create test relevant code of consensus; for find and fix potential bugs, and wallet development will developed to support and make tes keystore for more secured wallet.

Source: https://medium.com/ontologynetwork/

Ontology (ONT), a new high-performance public multi-chain project and a distributed trust collaboration platform, announced a partnership with CarBlock, the world’s first blockchain-based transportation solution backed by working applications. The platform will combine Ontology’s chain network model with CarBlock’s intelligent hardware and IoT solutions to efficiently and fairly circulate vehicle data within the ecosystem. CarBlock will use data to tap into the one trillion US dollar automobile market and create a brand new smart transport ecosystem.

Jun Li, Founder of Ontology, said: “We are very pleased to cooperate with CarBlock to connect Ontology’s distributed infrastructure and services to more application scenarios as part of our real economy strategy. Our partnership with CarBlock will ensure effective circulation of transport data, integration of Ontology with the smart transport field, and overall enrichment of the Ontology ecosystem”.

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Huobi Support Mainnet Launch and ERC-20 Tokens Swap TRX and ONT

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