Connect with us

#TRON

TRON Updates: BitTorrent, niTRon Summit, zk SNARKs, Justin Sun and more.

Published

on

Everyone knows that TRON bought BitTorrent and everyone had been hoping that the crypto integration for BitTorrent would actually be using the TRON token.

Everyone knows that TRON bought BitTorrent and everyone had been hoping that the crypto integration for BitTorrent would actually be using the TRON token. This is not the case. The announcement has come out that there will be a BitTorrent token which will run on top of TRON but it won’t be TRON as the native asset within the BitTorrent ecosystem. This will be available via Binance launch pad and unfortunately, US investors will not be able to get into this sale.

 

niTROn Summit:

niTRon is the name of the TRON summit which is happening in about weeks. Justin Sun, Kobe Bryant and many other exciting people will be speaking at the event. This is going to be a really good move for TRON in terms of actually getting people excited about it, getting a lot of TRON enthusiasts in one room together, a lot of TRON investors, people who are looking to build on TRON, people who want to get invested in TRON and more. This brings everyone together in one place and it’s going to be an annual event moving from here forward. This event is going to be a big boost for the ecosystem in the way that a lot of these blockchain specific events really can be.

zk-SNARKs are going to be integrated into the TRON network in Q1 2019 which will ensure privacy on the network. Many of the other major platforms are also moving towards some kind of privacy integration.

TRON has reached 1 million user accounts which is really impressive after only 6 months of the mainnet being live.

 

TRON ecosystem:

We have seen a lot of new Dapps being developed on the TRON network. TRON Arcade is a $100 million incentive program is specifically focused on getting blockchain games to be developed on top of TRON. At the current time, the Dapps being developed on TRON are mostly gambling dapps but also a lot of new games are coming to TRON.

 

Justin Sun:

Justin Sun has been recently out calling for developers to jump ship and come to TRON specifically targetting Ethereum. He is also calling out developers from Ethereum Classic to come over to TRON and it is going to be a compelling message because TRON is well funded whereas other blockchains really struggle when it comes to actually be able to fund developers to come and build on top of their blockchain. He is also being calling out to EOS developers to come over but that is going to be a very different equation though as EOS is well funded by Block.One and the team at EOS is not having the same kind of scaling issues that Ethereum is having.
Overall, we have to keep in mind that Justin Sun is an excellent marketer and he is talked about constantly and is a very prominent figure in the crypto space.

 

2019 is going to be a very interesting year for TRON with so many things coming up. What do you fell about the future of TRON? Tell us in the comments section below.

#TRON

TRON planning 4 major upgrades by Q2 this year: TRX to the moon?

Published

on

The development team of Tron are working on releasing four upgrades to improve the functionality of the TRON blockchain network.

The development team of Tron or TRX which is now one of the biggest blockchain platforms to build and deploy Dapps are working on releasing four upgrades to improve the functionality of the TRON blockchain network.

 

Misha Ledgerman, the co-founder of the iamdecentralized platform that is being built for supporting the development of blockchain technology, recently tweeted about the major upgrades that TRON is going to release in the Quarter 2 of this year. Ledgerman is known to be a great supporter of the TRON blockchain. According to the tweet, the four major developments will be:

– BitTorrent Speed
– Institutional friendly multi-signature and account management
– USDT launch on TRON blockchain
– Private transactions

 


 

BitTorrent Speed and Multi Signature Wallets:

After TRON acquired BitTorrent for over $140 million in 2018, the total users of the TRON blockchain have increased massively as BitTorrent already had more than 100 million users. For improving the overall functions of the BitTorrent application and the BTT token (BitTorrent Token), the development team of Tron and going to launch the ‘BitTorrent Speed’ which will be an application for compensating the users who will provide bandwidth and seeding to the network in BitTorrent Tokens.

 

USDT on Tron and Privacy Feature:

TRON has recently partnered with Tether Ltd, the company behind the most used stablecoin USDT. In accordance with the partnership, a new USDT Token shall be created on the TRON blockchain which will provide the ability to exchange and make use of information on the applications build on the TRON blockchain.

 

Apart from this, for the privacy feature, TRON developers are going to implement the zk-SNARKS technology which is currently used by ZCash. This would provide a privacy feature to the users for conducting private transactions. Justin Sun had announced this feature during the podcast with Bad Crypto.

Continue Reading

#Explained

Explained: TRON Blockchain

Published

on

TRON aims to be a decentralized platform for the exchange of entertainment content, which ultimately uses blockchain and p2p technologies.

Dapps use intelligent contracts to connect to the specific blockchain on which they are based. Today, however, we hear that dapps are connected to the blockchain, as most of the startups in the future have decentralized software designed to use the native technological functions to build a foundation for their applications. Let’s look at the performance of TRON or Tronix ( TRX ), a proprietary cryptocurrency.

 

TRON Blockchain

Trx (the native token of TRON Blockchain) started as an ERC – 20 coins on the Ethereum network, but when the Tron network started in June 2018, the ERC-20 coins were replaced to the TRX coin at a rate of 1:1. Tron TRX is one of its many efforts to take advantage of the peer – to – peer nature of modern networks to enable content creators and distributors to access their consumers directly.

Tronix ( TRX) is the official currency of TRON, which aims to be a decentralized platform for the exchange of entertainment content, which ultimately uses blockchain and peer – to – peer network technologies ( p2p ). Tron’s open, decentralized platform and distributed storage technology enable digital content creators to cut out intermediaries such as the Apple Store and Google Play Store.

Keeping TRX is the easiest way to get involved from the start, and being a TRX holder gives you certain privileges, such as being able to engage with dapp on the Tron network, vote on delegates and propose changes to the Tron protocol.

Developers looking for a presence on the Tron blockchain will also discover a multitude of resources at their disposal. Ambitious developers who want to build their next app on the Tron blockchain have a lot of resources at their disposal.

 

TRON’s focus:

Tron focuses on expanding the digital application market for digital content, facilitating their creation and implementation. The adoption of blockchain technology is partly limited due to the difficulty of many developers learning to build completely new protocols from scratch. Tron is designed to facilitate the transition, thereby speeding up the decentralization of existing platforms and the creation of new dapps. According to TRON’s whitepaper, the only purpose of such cryptocurrency is to become an asset for humanity rather than become a tool for profit for cryptocurrency traders. Tron integrates a peer-to-peer blockchain technology, which means that, like other cryptocurrencies, it can eliminate the intermediary.

In other words, Tron focuses on using its cutting – edge blockchain technology as a substructure to develop a global market that will include entertainment, media and all kinds of content, except that it will be 100 percent decentralized.

 

Interested traders have access to TRX in exchanges such as Binance, where they can exchange them for bitcoin or Ethereum

Continue Reading

#TRON

TRON: OKEx launches TRON in C2C Market, TRX Giveaway and Airdrop.

Published

on

OKEx exchange announced its partnership with the TRON foundation today by listing the TRX coin on its customer-to-customer (C2C) trading market.

OKEx exchange announced its partnership with the TRON foundation today by listing the TRX coin on its customer-to-customer (C2C) trading market which allows fiat to crypto trading.

OKEx C2C Platform:

OKEx customer-to-customer trading platform is decentralized in nature and provides easy trading of cryptocurrencies. The C2C platform has NIL transaction fee and provides a low-volatility market. The users are allowed to select their own exchange rate and payment method while placing an order on the platform. Currently, the platform supports five fiat currencies: British Pound (GBP), Chinese Renminbi (CNY), Vietnamese Dong (VND), Russian Ruble (RUB), and Thai Baht (THB).

 

TRON Giveaway Event:

Celebrating the partnership between TRON and OKEx, the trading platform has launched promotional offers which will start today and end on 14th March 2019.

How to participate:

Deposit TRX on the platform:

Users need to deposit more than 1000 TRX on the OKEx. They will be rewarded $1.5 worth TRX each. This will be done on first come first served basis until the $30,000 worth TRX have been distributed.

TRX Airdrop:

Users who will trade TRX (TRON) on OKEx within the promotional offer dates will be ranked according to their trading volumes. The top 8888 users with the most trading volumes shall be rewarded TRX worth $2 to $280. This will be done until TRX worth $90,000 have been distributed.

Continue Reading

Keep up with Bitcoin & Blockchain Technology Trends

Simply enter your email address in the box below and sign up for emails from Coinnounce regarding trending cryptocurrency, bitcoin & blockchain topics and offers.

This information will never be shared with third parties.