Web browser Opera today informed the crypto community that it plans to add support for the Tron (TRX) blockchain. All users of Opera’s crypto wallet will be able to access TRON dApps and store TRX on the multi-coin wallet that is available on its Web 3 blockchain-ready browser.
Web 3 is an umbrella for Opera’s set of cryptocurrency and blockchain products, and it already has a built-in crypto wallet for Android which supports Ethereum and ERC tokens.
“Soon, Opera users will be able to use dApps on the TRON blockchain,” said Justin Sun CEO of TRON.
According to its own numbers, the Opera web browser currently holds nearly four percent of the global market share with over 320 million monthly active users.
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TRC20 tokens are standard coins issued on Tron’s network, which offers two ways to issue tokens and some advantage in specific use cases. Both the tokens (TRC10 and TRC20) can be considered to be as Tron-native analogs to ERC-20. TRC20 is said to be nearly similar to ERC-20.
A Blockchain-based DApp platform
Founded by Chinese entrepreneur Justin Jun, TRON is a blockchain-based protocol dedicated to creating what it calls a “decentralized and free internet.” The TRON network provides mechanisms for allocating the value of user-generated content, with anyone who contributes content being entitled to profits of proportional value.
The company has its own cryptocurrency, dubbed TRX, which had a market cap of $1.8 billion at the time of writing.
“TRON is a popular, quickly developing blockchain with a swiftly growing dApp ecosystem. We are happy to open our browser to it. By opening products to multiple blockchains, we are accelerating the mainstream adoption of Web 3,” said Krystian Kolondra, Head of Browsers at Opera.
Last year, the Tron Foundation said it would be working closely with Baidu, a China-based internet giant, to work on a large cloud service with the final goal of providing better blockchain solutions. The announcement confirms that despite its crackdown on cryptocurrencies, Baidu is still interested in utilizing the blockchain technology.