Connect with us

Tron

Tron Boasts New Milestones While Its Rivals Aren’t Doing So Well

Published

on

The Tron Foundation keeps expanding and attracting more users to its ecosystem, while Justin Sun calls on Ethereum devs to join Tron as well Tron reports its new milestones after the recent incident with DigiByte getting delisted from Poloniex while some in the DGB community accuse the CEO Justin Sun of initiating it.

Total number of user accounts on Tron surges over 100,000

The official Tron account on Twitter cites data provided by Tronscan, saying that over the last two weeks there has been a significant increase in Tron user accounts. This shows an evident growth trend, the tweet states.

The Tron Foundation invites more users and developers to join it. This sounds in unison with the recent Justin Sun’s tweet in which he invites Ethereum dev teams to migrate to Tron.

The tweet came as a response to the news that next year the Ethereum Foundation plans to cut off funding for its internal dev teams starting from young projects.👉MUST READ

More dApps added to Tron over last week

Over last seven days, the amount of dApps made on the Tron chain has grown from 636 to 643. Tron

claims that in comparison with other blockchains, assumingly Ethereum and EOS, the network is growing at the highest speed.

Tron 2

Image via Twitter

Recently, the Poloniex trading platform ditched by Circle has acquired the TRXMarket dex and renamed it as PoloniDEX. Now, it intends to add all Tron-based assets free of charge.

How Tron’s rivals are doing

Ethereum

On December 8, Ethereum conducted its long-expected Istanbul hard fork which many believe to solve the current difficulties with scalability and push it towards the Proof-of-Stake algorithm.

Analysts are expecting the ETH price to surge to around $423 after June next year.

EOS

As reported by U.Today recently, since early November, the EOS chain (or rather its users) have been suffering from congestion caused by the EIDOS dApp airdrop with transaction fees rising tremendously. Now, users need to have at least 100 EOS staked in order to transact.

Besides, the Weiss Ratings agency has decreased the EOS techno score from B to C.

Still, Justin Sun reports that Tron comes third after Ethereum and EOS as per CCID’s 15th global public blockchain technology assessment index.

Tron

Image via Twitter

News Source

Tron

Tron (TRX) Surges to Top 10 as Justin Sun Teases TRX-Based Decentralized Stablecoin

Published

on

Justin Sun has been creating new developments for the TRX coin recently with anonymous transactions being the latest one. Now, Sun has announced an upcoming launch of a decentralized stablecoin based on TRX and BTT.

Meanwhile, there is more good news. The current pump of the Bitcoin price and altcoins has taken Tron (TRX) back to a top ten spot on the CoinMarketCap scale where it has not been for approximately a year.

TRX CMC 10

Image via CoinMarketCap

TRX-based decentralized stablecoin

A short while ago, Justin Sun took to his Twitter page to announce an approaching release of a decentralized stablecoin pegged to TRX and BTT. He asked the community for the best title for it.

Sun’s readers on Twitter offered various titles in response – from sarcastic ones to those that could indeed serve as a name for a Tron-based stablecoin. The word ‘scam’ got mentioned a lot.

Tron regains top 10 spot

Finally, the thing that many

Tron investors have been looking forward to has happened – TRX is now back on the top ten spot on CoinMarketCap. The coin is also showing a 7-percent price rise.

Justin Sun promised to get TRX to the top-ten list back in summer 2019 and bring BTT back to the top fifty. Another target Sun set for the Tron team back then was to get TRX pairs added to Coinbase and Binance U.S.

Recently, it was reported that TRX is among the coins that are being considered by the American branch of Binance.

Tron promoted by top YouTuber PewDiePie

As recently reported by U.Today, Tron has received a brand new level of promotion after the top YouTube blogger PewDiePie mentioned Tron and TRX several times in one of his recent videos.

PewDiePie has 102,000 followers on YouTube and over 75,000 people follow him on Twitter. He also broadcasts live streams about once a week on the DLive app – which was recently acquired by Tron.

Justin Sun then announced a long-term goal to turn DLive into the number 1 streaming dapp for the crypto community.

News Source

Continue Reading

Tron

Tron [TRX] Addresses are the 3rd Most Active after Bitcoin and Ethereum

Published

on

Tron, the smart contracting platform that competes with Ethereum and EOS and ranked highly by the China’s Center for Information and Industry Development (CCID), has climbed up the public addresses rankings only trailing Bitcoin and its competitor, Ethereum.

Tron is the third most active after Bitcoin and Ethereum

Taking to Twitter to report the good news, Misha Lederman, a staunch supporter of the Justin Sun-led platform, said there were 233k active addresses generating 1 million transactions.

Meanwhile, Bitcoin had the most active addresses, at 640k, however, they only churned 300k transactions. Compared, Ethereum had 281k active addresses but lags in the number of transactions.10 BTC & 20,000 Free Spins for every player in mBitcasino’s Winter Cryptoland Adventure! 

5% of all Tron Addresses are Active

According to data from Tron Scan, the network’s explorer, there are over 4.4 addresses moving over 896k transactions in the last day alone. Also, the network has 972 online nodes with a throughput of 6 TPS. From this, simple math reveals that although Tron prides of millions of addresses but only 5% are active.Advertisement

Tron Total Addresses
Tron Total Addresses

By Jan 15, 2020, additional data from CoinMetrics also reveals that the number of Bitcoin addresses is 10X more than Tron’s at 759k and 70k, respectively.

Tron versus BTC Addresses
Tron versus BTC Addresses

Th

is disparity is a clear indication that the network is underused even when Tron has a higher throughput, adopting a delegated Proof of Stake (dPoS) consensus system that introduces 27 Super Representatives.

An earlier Twitter post from Tron Scan said the 4 million address milestone points to an ecosystem that is rapidly developing.

A parallel finding by DappRadar, a dapp analytics firm, further concludes that Tron is almost purely a gambling platform.

“TRON is a blockchain that’s almost purely for gambling. And it supports this category very well, both in terms of high daily usage and generated value.”

Tron TRX Gambling
Tron TRX Gambling

Moreover, while developers can launch on the platform, it’s a tall order to sustain audience:

“This isn’t to say developers haven’t attempted to launch other types of dapps on TRON. A decent number of games have been released but, as with dapps in other categories, it appears to be easy to launch well on TRON, but very hard to sustain an audience.”

Dismissed the current Bitcoin Rally

Misha Lederman also dismissed the current Bitcoin (BTC) revival terming it as a blend of hopium and fear about a “notorious fraudster.” Sentiment around digital assets has improved in recent times.

As evidence reveals, Bitcoin’s dominance felled from 68% to 66% at the time of writing hinting of investors re-balancing.

A section of them might have shifted their funds to altcoins in anticipation of the so-called “altcoin season” that could directly benefit TRX, the native currency of Tron.

News Source

Continue Reading

Tron

News Today – Top Headline for Tron TRX

Published

on

  • Justin Sun to pay 1 million TRX to a Tron troll
  • Twitter user demands that Tron should pay its unofficial promoters
  • Biggest digital asset promoter running for president

Tron News Today –Tron has entered the limelight again after CEO Justin Sun offered to pay a whopping 1 million TRX to a Tron troll. The so-called Tron troll alleges that because Ethereum pays its trolls openly quarterly every year, that Tron must do the same. The user behind this is Udi Wertheimer. Wertheimer is a Bitcoin proponent and co-host on the Reckless Review podcast. He made the claims in a recent Twitter post. According to the user, Sun hasn’t given him any rewards for his actions. Claiming he shilled Tron and helped build its reputation on crypto Twitter. In end, Sun had to bulge to his remarks.

Tron Should Pay its Unofficial Promoters Like Ethereum Does

According to Wertheimer, Ethereum and ConsenSys usually compensate their trolls per quarter. Paying $70,000 every quarter in total. Sun quickly responded to the post that he would pay 1 million TRX to the Twitter user if he sent his wallet address to Sun’s DM.

heimer/status/1216316216459042821?ref_src=twsrc%5Etfw">January 12, 2020

Additionally, in the comment session, Wertheimer calls Sun his friend, that’s why he agreed to collect 1 million TRX for his role that he usually charges more than that figure. At this point, sarcasm found its way into the picture. But knowing Sun’s SMM tactics (an example was the Warren Buffet lunch), it could be that the dialogue was set up to make Tron the center of attention once again.

Most Prominent Crypto Promoter Running for President

The art of shilling coins has spread seriously on crypto Twitter. John McAfee the biggest crypto promoter who gave up his job is now running for the presidency. Two years ago and earlier than that, McAfee shilled a large amount of coins and covered one ‘coin of the day’ on Twitter. One of his favorite tokens at the time was Docademic (MTC). McAfee is alleged to have a large stash of MTC. McAfee also initiated a conflict with HitBTC exchange over MTC.

During his coin promotion campaigns, the market saw what was called the McAfee effect. Whenever the crypto mogul would talk about any crypto or call it a champion, its price will begin to surge higher shortly after. The community will start to buy it, thus pushing its price up. Eventually, McAfee stopped promoting digital assets and ICOs when the SEC started a crackdown on the asset class. The federal regulator demanded that McAfee stopped his work as a promoter. At the time McAfee alleged that he received threats from the SEC.

News Source

Continue Reading
Open

Close