Tron TRX continues to position itself as the blockchain of choice for dApps developers. Lately, there has been a trend to migrate applications and products initially developed in the Ethereum blockchain to alternatives able to better support the high number of transactions required for them to run correctly.

Ethereum’s inability to withstand the high number of transactions under the current conditions was evidenced after the entire blockchain clogged due to the popularity of Crypto Kitties. Therefore, alternative blockchains such as EOS and Tron began to gain popularity after the launch of their mainnets.

After BitGuild, a decentralized gaming platform, announced its move from Ethereum to the Tron blockchain, a series of dApps embarked on a similar migration and a few hours ago EtherGoo joined the trend by announcing now the release of TronGoo. The developers promise to take advantage of the Tron blockchain to offer an “improved and updated game balance” and a “Brand new interface with mobile compatibility.”

TronGoo is a game that rewards its players with crypto after specific actions such as depositing Goo, promoting the game, stealing tokens from other players or breeding creatures that produce resources. Formerly the reward was in ETH, now of course players will be rewarded with TRX.

The TronArcade team expressed its enthusiasm, commenting that all the members are ready to offer the greatest collaboration to all those developers interested in building on Tron and wishing the TronGoo team the greatest success:

The TRON network and the TRON Arcade fund will always welcome developers with open arms. We’re confident that working together will allow our technology and communities to fuel the next wave of innovation and adoption. The EtherGoo and TRON Shrimp devs have produced hit DApps on multiple blockchains, and we hope their creations will bring joy to the TRON community

After the announcement, TRX experienced a bullish streak that led it to reach a value above 0.024 USD. Although TRX is currently undergoing a correction to the 0.0226 level, the indicators are still bullish at least in the short term.

*This post is credited to The Ethereum World News

It didn’t take tarot cards to predict the future of BitTorrent once it was acquired by TRON in 2018. Just six months later, BitTorrent its releasing its own cryptocurrency, a token known as BTT.

For BitTorrent users, the new tokens provide a way to optimize network speed and attain faster downloads through paid prioritization. Each is issued by the BitTorrent foundation and features native TRC-10 compatibility — a set of guidelines laid out by TRON. Think TRX for global, decentralized content distribution.

After the acquisition last year, it seemed only a matter of time before the two companies collaborated on a token. Initially known as “Project Atlas,” when revealed in September 2018, the token is meant to incentivize and facilitate transfers on the world’s largest decentralized P2P network.

And the market is ripe. BitTorrent says it currently drives 22 percent of worldwide upstream traffic and three percent of its downstream traffic. Company representatives say that it serves more than 100 million users.

BTT, which is currently only available to those outside the United States, will launch as part of cryptocurrency trading platform Binance’s “Launchpad” program — a program meant to spotlight and market test new tokens. According to *Coin Telegraph*, the tokens will be distributed “selectively” starting later this month.

*This post is credited to The Next Web

2018 has been a very big year for TRON TRX. The project celebrated its first anniversary and even launched its own mainnet, migrating from the Ethereum network onto its own native TRON blockchain. With this, saw the launch of the new TRX token, leaving the old Ethereum ERC-20 protocol behind.

The progression of TRON has been fascinating, TRX even managed to spend some time within the top 10 cryptocurrencies by market cap through 2018. Can things really get any better? Well, according to new reports, yes the can. In 2019, TRON will see a huge boost to its security and privacy, two of the most prominent issues surrounding all cryptocurrencies in the markets at the moment.

With an industry that is riddled with scams and hacks investors want to see that crypto projects are working extra hard to ensure the integrity and security of their products. TRON is already working on this, with big plans to improve the privacy of TRX and the TRON blockchain as early as Q1 2019.

Project Atlas

This latest privacy drive has been named Project Atlas. According to Crypto Globe, Justin Sun the Founder of TRON has spoken to Rachel Wolfson in an episode of ‘The Bad Crypto Podcast’. During which, Sun discusses the idea behind Project Atlas, here’s a little about what to expect from it:

Project Atlas is being rolled out in Q1 of 2019 and will integrate TRON and TRON’s latest acquisition, BitTorrent to make the blockchain more secure. Sun states:

“First of all, when people try to download something in the BitTorrent network will use a mechanism called ‘tit-for-tat’. So, basically, how much you upload, how much you download. But this mechanism doesn’t [always] work… For example, if I finish the downloading, I don’t have the incentive to upload anymore… So, we provide a cryptocurrency token [called the ‘BitTorrent token’] issued on the TRON network… as a solution to provide incentive for the users. So, basically, the more you upload, you can get the token incentive from the other users, or you can get the token distributed by the system. So, that’s why you have this incentive to maintain the whole network, to contribute to the network.”

Furthermore:

“Everybody nowadays, don’t want their privacy stored by Facebook or Google because those people can more easily manipulate the data so they can push ads to you. You don’t want to share those data with them. That’s why I think the decentralized way becomes a good way to do that.”

Finally:

“Privacy is important for the network. That’s why I think next year, in Q1, we will adopt zk-SNARKs (zero-knowledge proofs) into our network. This is how we can improve privacy of the whole network. So, in the future, if you want to have these private transactions and a private [shielded] address, if you use the address, we can make sure that nobody sees you. The transaction can be untraceable… I think we release this roadmap in Q3 this year, and will be shipping next year in Q1.”

It is very clear that Sun and the TRON Foundation are learning from recent mistakes made by the likes of Facebook and Google and thus they want to take the privacy of their users very seriously. As I have mentioned, privacy is a very sensitive subject within the crypto industry and thus, this is not only a good move by TRON, it’s an essential one that continues to get TRON TRX ready for a very exciting future indeed. Roll on 2019.

*This post is credited to Cryptodaily

We’re very pleased that users are now able to trade LINK on BITBOX, which is a major step forward in our plans for creating a token economy that rewards user participation. We think it is important to promote co-creation and mutual growth with LINK while ensuring BITBOX continues to develop as a user-friendly platform that adds value to those who use it and contribute to our services.

Proposed TRX Airdrop

The messaging app also announced the inclusion of different airdrop events by its cryptocurrency exchange platform, to commemorate the LN listing. Bitbox will also airdrop TRX tokens to LINK token holders. Customers will receive an equal number of TRX for their LN.

Furthermore, for traders who deposit TRX on the platform, they will also receive an airdrop of LINK. The company provided a website containing details of airdrop events and other limited events on Bitbox’s website.

Also, the company’s cryptocurrency exchange plans to offer several LINK-based rewards, such as discounts and trading fees.

LINE Betting Big on Cryptocurrency

The Japanese messaging giant is not new to the digital currency scene. With a user base of about 200 million, LINE Corp has taken remarkable steps in the virtual currency space.

LINK Corp, in May, inked a partnership deal with Korean cryptocurrency ICON (ICX). The collaboration could tentatively result in millions of LINE customers using the ICON blockchain platform to access dApps.

The Japanese company further took a giant step by establishing its own cryptocurrency exchange, called Bitbox, in Singapore. Bitbox would offer over thirty different digital currencies, including major ones like Bitcoin, Litecoin, and Ethereum. The company further announced that Bitbox would only offer crypto/crypto market transaction.

As at June, LINE Corp announced that the services of the trading platform would be available to users around the world, except the United States and Japan.

In addition to its Bitbox launch in Singapore, the company added TRON (TRX) to its Bitbox exchange, through multiple trading pairs. The pairs include TRX/BTC and TRX/ETH.

*This post is credited to EthereumWorldNews

The team at CoinNess.com have informed the crypto community that the secret partner of the Tron Foundation is Baidu. In the twitter announcement by the team at the online publication, they stated that they had received exclusive information that had revealed Baidu as the secret partner. The announcement also stated that the official announcement would be made in a week.

Exclusive: #Tron to Cooperate with China’s IT Giant #Baidu The Tron team told CoinNess.com that a partnership had been confirmed between Tron and China’s IT giant Baidu, which will be officially revealed by Baidu Cloud next week.

The full tweet can be found below.

Coinness – Real-time Crypto Market Index and News@coinness

Exclusive: #Tron to Cooperate with China’s IT Giant #Baidu

The Tron team told http://CoinNess.com  that a partnership had been confirmed between Tron and China’s IT giant Baidu, which will be officially revealed by Baidu Cloud next week.

Tron Community Reaction to The News

The Tron community did not take long to express their excitement about the news. One tweet by @RoDijk1 gave impressive stats on how big of an announcement this is:

The company controls 66% of China’s online search market, according to StatCounter. Its closest competitor, Alibaba’s Shenma, controls just 14% of the market.

Popular Tron Community member @WLFOFMYST expressed some doubt that it is indeed Baidu.

Well….the speculation is running wild; like all of the @HulkHogan fans used to do back in the day. It’s great, I love it! It will create a media frenzy once again. One thing…I would say Baidu is not it. That partnership was already announced long ago.

He would later give his final thoughts on the whole partnership speculation in the following tweet:

T. @WLFOFMYST@WLFOFMYST

✍️ Final thoughts on partnership:

The rise in price leads me to believe that it is most likely Baidu. With the price of #TRON reacting to the news, it tells me the leak is most likely credible. Price could VERY WELL be in the process of getting “baked in” atm. $trx #trx #tron

TRX Market Performance Due to Partnership News and TVM activation

The news of a secret new Tron partner was reported less than 24 hours ago and TRX has ridden the wave of excitement all the way to the crypto markets. The strong market performance has also been aided by the successful activation of the Tron Virtual Machine on the same day of the secret partnership announcement.

The value of TRX has risen from $0.020 to current values of $0.023367. This is a percentage increment of 16.8% since early yesterday (0:30 am UTC), October 12th.

About Baidu

Baidu is a Chinese multinational company specializing in internet-related services and products. Headquartered in Beijing, Baidu also has a big presence in the artificial intelligence industry. Baidu’s Global Business Unit, formed under the name of DU Group or DU Apps Studio, is an app developer with various apps and services. It has over 2 billion active users worldwide.

*This post is credited to Ethereum World News

While blockchain’s technology is revolutionary, the real innovation in the sector has been driven by entrepreneurs and individuals. From Vitalik Buterin to the enigmatic Satoshi Nakamoto, these disruptors have pushed progress forward and, at least in the former’s case, have a finger on the industry’s pulse. With so many new voices emerging, the sector is constantly evolving and changing the landscape.

One of the more intriguing personalities to enter the spotlight recently is TRON CEO and founder Justin Sun. Already a successful figure in tech, Sun has been making waves in blockchain thanks to his app PEIWO, his work with Ripple Labs, and Tron’s development. Investopedia recently had the opportunity to speak with Sun over the phone, and he shared his views on the market as well as the industry’s future.

Investopedia: Can you expand on your theory that the XRP surge shows a wider adoption rate for investors? You mentioned in a tweet that investors will embrace blockchain. Why does this also mean that they will adopt one cryptocurrency over another?

Justin Sun: XRP is a cryptocurrency tailored to providing banks and payment providers a reliable solution for cross-border payments. I was Ripple Labs’ Chief Representative between 2014 and 2016, and I saw first-hand the massive demand for blockchain-based cross-border payments solutions. During my tenure, I worked on partnerships with WeBank, China’s first online work bank, and Shanghai Huarui Bank. Fast forward to today and Ripple is now supported by over 100 financial institutions around the world, including PNC. I am confident that the financial industry will adopt blockchain technology. TRON will also enter this space in the future, so I welcome potential partners from the financial industry to reach out! Of course, none of my comments represent investment advice to your readers.

Investopedia: What is your strategy to push Tron into Coinmarketcap’s Top 10?

Justin Sun: There are a few steps, but it starts with making our decentralized application ecosystem more robust. We’re aiming to complete one of our key milestones in the fourth quarter: to combine TRON and BitTorrent and create a unique and outstanding product. We will leverage TRON’s blockchain expertise to enhance the decentralized BitTorrent protocol, which has over 100 million monthly active users.

The BEPs [Bim Execution Plans] for both protocols are currently under review for approval, which will further facilitate the merging of TRON and BitTorrent technology. TRON is set to surpass Ethereum on the road to becoming the world’s largest decentralized protocol. We will be delivering on these key milestones in the last quarter of this year and the first quarter of 2019.

Our second goal is to expand awareness and recognition of the Tron Protocol. Between the fourth quarter of 2018 and the first of 2019, we will continue to position ourselves more solidly in the cryptocurrency market, as well as in more exchanges.

Third, we will continue efforts in the entertainment and gaming industry. We’ve already seen quite a few outstanding TRON dApps like BitGuild being built on or migrated to the TRON network. In the next two quarters, we expect even more developers to flock to TRON, which will boost our overall performance.

Fourth, we are always working hard to optimize the TRON protocol, coming out with one iteration after another, aimed at bringing the community the best experience and value possible. If we look at the top 10 cryptocurrencies, many of them are not motivated to continue innovating or improving their product. They represent the older generation of cryptos. TRON, on the other hand, is a young company with cutting edge technology, with much more room for growth. We are confident that TRON will surge into top 10 in the next 6 months.

Investopedia: What was behind your purchase of BitTorrent? Can you tell us more about the long-term strategy involved?

Justin Sun: I think the main reason behind the acquisition is that both TRON and BitTorrent share the same vision. BitTorrent is a pioneer in peer-to-peer technology, and its achievements were crucial at the height of the era of decentralization. Even as other companies turned to profit-seeking and market control, BitTorrent remained steadfast in its vision of democratizing the internet.

Investopedia: Tell us a little more about Project Atlas. We understand the goal is to connect BitTorrent’s peer-to-peer model to TRON’s blockchain. What does this mean for users of both platforms?

Justin Sun: Project Atlas is an immensely exciting project that will define the future of file sharing. The project is a marriage between BitTorrent’s decades of expertise in peer-to-peer network technology and its 100 million monthly active users with TRON’s robust blockchain capabilities.

Using a set of BitTorrent protocol extensions, a custom token, and an in-client token economy to address existing limitations, the company aims to open a new borderless economy, where users can exchange value for computer resources on a global scale. Since its creation, the BitTorrent protocol had a system of incentives built into its core processes.

We are implementing the features of Project Atlas as a set of backward-compatible protocol extensions. This means that existing clients will continue to work flawlessly as new clients and features are introduced. Users will be able to keep using their existing version while earning or spending tokens will not be mandatory, and users will still be able to download and seed to and from the new generation of users.

Investopedia: You mentioned that developers can move their projects to the TRON Virtual Machine (TVM) for “almost free”. Can you specify what “almost free” means?

Justin Sun: The TVM is fully compatible with Ethereum’s EVM. Additionally, it costs a fraction of one TRX to support smart contracts on the TVM and to create TRON accounts. Because the cost is so minuscule, we say “almost free”. By comparison, creating and supporting contracts on Ethereum and EOS can cost a user more than $10.

Investopedia: Give us five reasons why TRON is better than Ethereum.

Justin Sun: At TRON we always emphasize the importance of accessibility and our dedication to the community. That’s why we made sure to deliver on our goals of being faster and cheaper than Ethereum, providing an easy-to-use and affordable network to our vibrant community of talented developers. Not only that, we made sure to back our strong technical capabilities with a global support system that spans across various platforms, including Telegram, Slack, WeChat, and email, providing personalized and prompt technical support to the community.

In the very near future, we will be moving to Discord to unify communication with different groups designated for handling specific integrations. In addition, TRON also has more flexibility in dApp development because we can adopt existing Ethereum smart contracts and have tools to develop our own TRON dApps.

Since I founded TRON in September 2017, the company has delivered a series of achievements, including the Mainnet launch in May 2018, network independence in June 2018, and the TRON Virtual Machine launch in August 2018. We are one of the fastest developing blockchain projects with a hard-working team that makes delivering results the status quo, which constitutes a large part of our success.

Investopedia: The seminal Bitcoin white paper is turning 10 years old in October. Do you think Bitcoin—as it stands today—is true to Satoshi’s original vision?

Justin Sun: That’s right, the Bitcoin white paper was released October 31st, 2008. I do believe Bitcoin has achieved Satoshi’s vision. However, I see TRON carrying the torch into the future. In an email conversation dated to November 2008, Satoshi noted, “For transferrable proof of work tokens to have value, they must have monetary value. To have monetary value, they must be transferred within a very large network. For example, a file-trading network akin to BitTorrent.” A decade later, TRON is taking Satoshi’s word on BitTorrent’s invaluable role in blockchain and making it a reality. We expect to fully deliver this vision in the next two quarters and continue to reach new heights!

Investopedia: What are the biggest challenges to global crypto innovation?

Justin Sun: The biggest challenge is achieving mass adoption of cryptocurrencies. The question is, how do we resolve this? TRON has already taken the first step to finding a solution with Project Atlas. The key to mass adoption is to truly have a decentralized application on a very large scale, a step that is also vital to the crypto sector’s development. The alliance between TRON and BitTorrent’s protocols and expertise is the foundation of a new model of content distribution.

For starters, the product will see much faster download speeds, more seeds, no mining, and backward compatibility. We are adapting the technology to the world we live in today: mobile, connected, and transparent. We aim to eventually empower all content creators and their communities by eliminating the middleman and enabling content creators to distribute their work directly to users.

This post is credited to: Investopedia

In an effort to gain adoption, Tron cryptocurrency vouchers can now be purchased in more than 20,000 stores across Spain and Italy.

Some of the largest retailers in Spain and Italy are now selling TRX vouchers, including FNAC, Carrefour, and Game.

The Tron (TRX) facility is being provided by the Spanish cryptocurrency platform, Bitnova. In 2016, Bitnovo launched new payment options, one of which was a ‘Bitcoincharged’ debit card, which is available to use at all retailers and ATMs that accept MasterCard.

Asides bitcoin, Bitnovo facilitates a range of cryptocurrencies, including Dash, Cardano, Bitcoin Cash, Ethereum, and Litecoin.

The Tron Foundation’s founder and CEO announced the news that Tron cryptocurrency vouchers are available at thousands of retail stores in the two European countries on Twitter, tweeting:

Thanks for the support to #TRON. Now you can buy $TRX at over 20000 stores in Spain and Italy or at bitnovo.com.”

This is not the first time Tron has forged alliances with other big firms. Last month, the France-based hardware wallet and custody startup Ledger announced that its hardware wallet Ledger Nano S will sport the Tron cryptocurrency.

TRX listed on Atomic Wallet

More recently still, Justin Sun took to Twitter to announce the TRX currency will be listed on Atomic Wallet, the multi-OS, decentralized wallet and exchange service.  By featuring more than 300 cryptocurrencies and altcoins, Atomic Wallet is one of the most varied crypto exchanges available today.

The Tron Foundation also launched Tron Wallet, which was developed in partnership with the software firm Getty/IO, on the Google Play Store. It is expected an iOS version will be released shortly.

The world’s largest decentralized internet ecosystem

Tron’s acquisition of the cryptocurrency ecosystem doesn’t stop there, as the platform also recently purchased BitTorrent, an attainment that Sun was quick to deem as meaning Tron has become “the largest decentralized internet ecosystem in the world.”

By making Tron cryptocurrency vouchers available in more than 20,000 stores across Spain and Italy, Tron is taking significant steps in making crypto more mainstream and helping it achieve mass adaptation.

 

*This post is credited to Cryptodisrupt.