Tron Says its Community is More Active Than Ethereum, Hackathon Shows Otherwise

During an interview with Investopedia on Oct. 5, Tron CEO Justin Sun stated that its developer community is more vibrant and active than Ethereum.

When asked by the publication to provide five reasons why Tron is better than Ethereum, Sun said:

“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.”

1,000 Developers at ETHSanFrancisco Ethereum Hackathon

In a recent hackathon held in San Francisco, more than 1,000 developers gathered to develop applications and scaling solutions on Ethereum.

Brayton Williams, the co-founder of venture capital firm Boost VC and a blockchain investor, stated:

“5 years ago at one of the first crypto conferences ‘Bitcoin 2013’ we Boost VC organized the hackathon. We maybe had 25 people participate and took place in San Jose. This weekend it was amazing to see over 1,000 people hacking away @ETH SanFrancisco at the Palace of Fine Arts.”

Lindia Xie, a co-founder at Scalar Capital and 0x advisor, who has helped ETH SanFrancisco and other locations to host Ethereum hackathons, said that the developer community of Ethereum has grown significantly over the past three years.

Echoing the sentiment of Williams, Xie said:

“Completely agree, I remember attending the ETH San Francisco meetups 3 years ago and it’d be like 20 people there! It’s been so amazing seeing the community grow.”

In terms of user activity, transasction volume, network activity, and number of dApps, Ethereum is stastically far ahead of Tron. According to Etherscan, Ethereum is processing around 500,000 transactions per second on a daily basis. Tron, in contrast, is struggling to record 50 percent of that.

But, for blockchain projects based on the ERC20 token contract standard of Ethereum, competition against the second most valuable cryptocurrency in the global market is only friendly, because they benefit off of the efforts of the developer community of Ethereum to scale the blockchain.

Many of the scaling solutions that are being integrated into the Ethereum network including Sharding, Plasma, Snark-Based Side Chain, and ZK-SNARKs are expected to drastically increase the mainnet capacity of the Ethereum network, which will be beneficial to both dApps and blockchain protocols launched on top of Ethereum.

How Tron can Actually Compete

In all areas, Tron remains behind Ethereum, and the blockchain project is not close to catching up to the dominant smart contract protocol, as a cryptocurrency that remains outside of the top 10 rankings in the global market.

But, Tron’s acquisition of BitTorrent, the largest torrent client in the world with more than 100 million users, given Tron a unique market to target with a decentralized blockchain system. With it, if leveraged correctly, it is possible for Tron to find a solid use case of its blockchain technology.


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Author: Joseph Young
Image Credit: Images from Shutterstock

Reasons why TRON (TRX) price can increase massively this year!

What is TRON?
TRON is a decentralized platform based on Blockchain and aims to build a digital content sharing platform eventually leveraging peer to peer (p2p) blockchain system. TRON first founded by a non-profit Singapore based foundation, and this foundation is specifically seeking to distribute the global entertainment industry.

Presently, lots of user data and traffic managed by a few corporations like Google, Amazon, and Facebook & Snapchat. TRON creates some serious steps to control by placing ownership of the data back into the creator’s hands.
Features of TRON
There are some key features of TRON, given below
• TRON wants to heal the Internet with its entertainment features.
• Data liberation; free and uncontrolled data.
• Content-enabled ecosystem, where users can obtain digital assets from content spreading.
• Personal ICO with the ability to distribute digital assets.

• Different infrastructure which allows distributing digital assets exchange (such as games) and marketing forecasting.
Advantages of TRON
TRON has the biggest advantage, is its good team of developers, advisers, and investors. It’s CEO is Justin Sun, who is the protégé of Jack Ma, the founder of the Alibaba group and other advantages the fact about data creators, which are the data ownership of central and also the users on the Tron network are entitled to proportional profits granted by rules. Tron has an idea to administrate free service platforms for the public. That’s why it is operated and designed to serve the masses that enjoy entertainment content around the world.

Reasons for the massive increase in the price of TRON
If you are having feelings like the heat just because of the price of TRON. Well, don’t be. This is a right time to get yourself a bit rich with the massive increase in the price of Tron. That is because what is happening now in the market is that wide crash that has seen previously in all cryptos shed a good portion of their value, with bitcoin dropping below $7700. While everything else has risen again, Tron (TRX) is in an incredibly good position with its risen up again by even bigger margins.
Here are the reasons why TRX price could rise:
The Mainnet Launch
In the previous scenario, just a few months ago Tron was in deep fall and it was migrating from the Ethereum blockchain to its own blockchain. But besides all this, several major exchanges have announced to support for the Tron migration, indicating that this event will be a major success as it is a strong enough reason to get into Tron at today’s prices, which reap big once the main net goes live.
Tron’s Drawing more in developers
In the Tron (TRX) case, its success completely depends on the team which has been pushing hard to woo Ethereum developers to the project. Tron team has used airdrops and other rewards to achieve this end. Giving them those incentives are worthwhile and one can expect the faster completion of project milestones, which will serve to further drive up the price.

• One of the biggest reason for Tron’s (TRX) massive increase in price is its continued growth with its fundamental strength.
• The other important reason for the massive growth is because it led by an aggressive and ambitious leader. Justin Sun, the CEO of Tron, has not only overseen the fast-tracking of milestone deadlines, but he has also decided that he wants Tron to be a top 6 coin in crypto ranking.
• It had been hovering in this position for the last few months, until a few deep altcoin drops of the last few weeks. TRON’s peak coin price will be again high as eight cents just in a short duration.
• From the beginning and the new holders who recently have joined, It sees a movement of about $200 million each day, give or take, and this spread across the major trading coin out there.
• According to the price predicting; fiat trading is still extremely unrepresented here. That means is going to have an enormous opportunity to crack more fiat selling with a massive increase in prices and growth parallel.
• Tron’s strong & steady strength which makes it continuously moving and this is also the reason for a massive increase in the price of Tron.


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Author: MaxPositives
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The Potential of TRON TRX Gaming Industry

The gaming industry is one of the most popular and fastest-growing industries today. It’s a multi-billion dollar industry that has also demonstrated a growing interest in blockchain technology. The possibilities of combining blockchain with gaming are endless, and very attractive to the game makers.

From the cryptocurrency point of view, entering the gaming industry would be a colossal success for every coin that gets accepted into it. Due to the sheer size of the industry, any accepted coin would get massive levels of exposure, and would pretty much ensure its survival, no matter what the future brings. TRON (TRX)is one of the cryptos that is perfect for this type of industry, and it perfectly aligns with TRON’s own goals.

TRON is a crypto that aims to lead to the creation of fully decentralized web, but on a more personal note, TRON is also very interested in revolutionizing the entertainment industry. Its blockchain offers numerous applications to the public, and thanks to this attitude, it managed to enter some very large and important partnerships.

While there are many industries interested in collaborating with TRON, the gaming industry is among the ones that are nothing less than perfect for this coin. TRON has all the technical capabilities necessary to allow the creation of large and complex games, in a completely decentralized environment.

Its blockchain has zero fees, as well as speed and capacity to handle as many as 10,000 transactions per second. This makes it perfect for the development of complex online games that would aim at a global audience. This is not only a speculation and talks about potential at this point, either. In fact, this has already been happening for a while now.
Additional benefits of TRON TRX gaming

Several game developers are already working hard on creating many great games on TRON’s blockchain. A lot of these games might go viral in the near future, which would not only increase TRON’s exposure, but also its coin’s value. One game that runs on TRON blockchainis Cropbytes, which is a farming game. The best part of the game is that each win allows the player to get rewarded in actual TRX coins. That way, TRON is getting exposure, gaining popularity, and is even seeing an increase in users and use alike.

Additionally, TRON has had its own blockchain for only a few short months, In time, a lot more such games are going to appear on TRON, and when they do, the crypto will grow like never before. This won’t only happen due to the hype, but due to new use cases. Simultaneously, TRON continues to expand through numerous projects, partnerships, and important purchases.

While the games are making TRON fun and interesting to explore, the coin is entering new exchanges, getting new trading pairs, and is becoming more and more practical to use. TRON is already on a path to make its goal true, and in time, it will only advance further and further.


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Author: MaxPositives
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GoSeedit Reaches New Milestone With Over 18 Million In Tron (TRX) Tipped To Date

In a tweet only a few hours ago, the team at GoSeedIt announced via twitter that they had reached a new milestone of 18 Million in terms of the amount of Tron (TRX) coins tipped since the platform went mainstream about a month or so ago. The twitter announcement stated the following:

It’s #TipThursday here at #Seedit Featured stats show we’ve surpassed the 18MM #TRX tipped mark with over 265K tips. Thanks as always to everyone who continues to support our project. More features will be announced soon! #GoSeedit @Tronfoundation #TRON $TRX #Crypto
Further checking the GoSeedIt platform, we find that the exact number of TRX tipped at the moment of writing this, is 18,385,223. The total number of tips is currently at 293,206 with the highest amount of TRX tipped today, is 94,947 TRX. A screenshot has been provided below from GoSeedit.

Further scrolling the stats on the GoSeedIt website, we find out that tipping on the messaging app of Telegram, has continued to grow since it was made available to users earlier this month. All a user has to do to start tipping TRX on the platform is the following:
Engage @GoSeedItBot

Create a TRX address on Telegram by engaging the bot or if you are a new recipient of some TRX on Telegram, an address has already been created for you. This address can be changed to that which you also use on Twitter

Sending TRX is done by replying to a message and using the /tip command, for example:Sending TRX
/tip <amount>
/tip 100Sending a token
/tip <amount> <token name>
/tip 100 Bitcoin

GoSeedIt Responsible For Increment in New Accounts On Tron’s Mainnet
Ever since GoSeedIt went mainstream on twitter on the 16th of August, there has been a drastic increment in the number of new accounts on the Tron Mainnet. On the day of the launch of GoSeedIt, Tron’s accounts numbered 66,206. That number now stands at 346,826. This represents a 424% increment of new accounts on the Mainnet in that one month period.

In conclusion, the GoSeedIt platform continues to gather popularity as the preferred platform for tipping TRX and other digital assets on both Twitter and Telegram. GoSeedIt has now reached a new milestone of 18 Million TRX tipped to date. The platform has also played a significant role in increasing the number of accounts on the Tron Mainnet.


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Author: MaxPositives
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Tron [TRX]’s listing on SatoWallet; claims to provides high liquidity for its assets

According to a recent post, SatoWallet, the Multi-wallet and exchange platform had recently listed Tron on its exchange. This will help both the platforms establish a mutually beneficial partnership through which they will adopt cryptocurrency and blockchain use cases.

The Tron Foundation recently announced on Twitter that they would like to initiate a partnership with SatoWallet. Their latest update claimed that instant swapping between several blockchain assets will be supported by the Changelly Application Programming Interface [API]. They have also stated that users can make use of the Changelly exchange directly from the SatoWallet App.

TRON aims to be a decentralized entertainment content sharing platform, which will in due course grasp into blockchain and peer-to-peer network technology. The non-profit Singapore-based foundation seeks to tackle the issues that have long disturbed the global entertainment industry.

According to a Medium report, SatoWallet is voted as one of the most trusted cryptocurrency wallet and exchange platform. This is a positive development for the TRX community as Satowallet holds more than 60 cryptocurrencies. It also provides, auto swap feature, staking ability, instant trade on the exchange, speed and security.

The recent reports claimed that SatoWallet has developed a team of blockchain experts who can understand market trends and that SatoWallet is strategically situated as a fundamental player in the cryptocurrency ecosystem. Their main goal is to make cryptocurrency easy to use and one of their agenda is to also provide offline transactions for their new and existing users.

The reports stated that some of the major advantages of this partnership with the Tron community include the integration of Tron wallet with the satowallet app which is supported on Apple, Android, and PC. There is no processing fee for any Intra-SatoWallet Tron transaction.

At the time of writing, according to CoinMarketCap, Tron was currently at the 13th position on the cryptocurrency charts, currently trading at $0.018. It has seen a hike of 6.23% in the past 24 hours.


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Author: MaxPositives
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TRON Price: Mounting Pressure Signals Potentially Steep Correction

It would appear the momentum is slowly turning against the cryptocurrency markets as of right now. After multiple days of solid gains, that is not entirely surprising either. Most of the top currencies have already dipped in the red. Further down the list, it seems the TRON Price will continue to struggle for any sort of momentum as of right now.
AgentMile
Over the past week, all top cryptocurrencies noted gains. Some fared much better than others, but one always has to put things in their proper perspective. One somewhat disappointing tend pertains to the TRON price. Despite noting a gain of 11% over the past seven days, the current downtrend is getting quite worrisome in quick succession.

Over the past 24 hours, the TRON price has noted a 4.68% decrease. In this volatile world of market fluctuations, that is not something to overly concerned about right away. Even so, it shows the hype surrounding TROM is finally calming down a bit. This is despite major announcements regarding the acquisition of BitTorrent Inc and the subsequent departure of some key staffers.

In the Bitcoin department, TRON is not noting any positive momentum either. There is a 5.1% decline in the TRX/BTC ratio, and it seems things will not necessarily improve anytime soon. Similar to most other altcoins, TRON is losing ground to Bitcoin, even though there is no real reason for facing such setbacks. How this will evolve in the days to come, is rather difficult to predict.TIP

Despite the relatively high overall cryptocurrency trading volume, it seems obvious interest in TRX is not what it was a few weeks ago. One would expect very different figures after a relatively solid week of gains, but the opposite has come true for TRON. Its trading volume of $109.356m is not that impressive, albeit it is not disastrous either by any means.
Without Binance, the TRON trading volume would potentially look even worse. Thankfully, the company’s USDT and BTC pairs generate nearly 25% of all trades, separated by Rfinex’s ETH pair. Huobi and OKEx offer two additional USDT markets for TRON, further confirming there is no real fiat currency support to speak of as of right now. That may hinder the TRON price recovery plans, assuming there is such a thing.

It is evident the momentum on this Sunday afternoon and evening may not remain as bullish as it was earlier in the week. A small correction can do wonders for the market, as a lot of gains have been noted across all cryptocurrencies. That trend was bound to hit a snag at some point, and it is perhaps good this correction is taking place right now. For the TRON price, the coming hours will be crucial.



Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: MaxPositives
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AVATARA
Peoples Token

TRX to Hit $3.75 by December This Year and $12 by the End of 2019

Tron (TRX) is one of the best performing digital currencies in the market. It is a decentralized (blockchain) technology that is aimed at creating a free global entertainment platform where users can send, upload, own, publish, and store data. Tron is a non-profit organization and it is situated in Singapore.
Peoples Token
Over 90 percent of the trading of Tron takes place on Binance – one of the top digital currency trading platforms in the world. The ambition of the Tron Foundation is to take over the entertainment market that is now valued at the huge number of over $1 trillion.

At the time of writing, the digital currency is holding the number 10 position on the list of top digital currencies based on market cap, and the market cap of the coin is $3.21 billion.
TIP
Being one of the most surging and fast-growing digital currencies, Tron (TRX) has so much caliber and potential to grow in the currency digital currency market. According to the predictions, the digital currency will see a great turning point by the end of this year.

Analysts have predicted that the value of the digital currency will increase to $3.75 by the end of this year. They also predicted that the price of Tron might hit the $12 mark by the end of 2019. Based on the analysis of the present value of the digital currency, they have also predicted that by 2020, the value of Tron could get to $52.91.

Tron is a new project with a lot of potentials, and it has secured a lot of partnerships too. Its partnerships and advantages could play a vital role in its value in the coming weeks, months, and years.


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: MaxPositives
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AVATARA
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Tron Up 11% After Promising Announcements By Justin Su

Tron (TRX) remained one of the fastest growing cryptocurrencies in the top 15 of the global market cap during the week, surpassed only by IOTA and EOS.
During the last 15 days, it registered a sustained growth rate of over 10%, with no sign of a reversal in the MACD.LIONBIT
However, beyond the technical analysis, it is important to note that the popular cryptocurrency has well deserved this increase. The founder of this promising blockchain, Mr. Justin Sun, has been actively working on developing his crypto, generating very

While Justin Sun had tweeted earlier this year that he would be working with SesameSeed to develop Seedit, it was on Saturday, August 18th that the platform’s official tweeter confirmed the information.

Seedit is a p2p payment platform that allows sending tokens to content creators on traditional social networks. This announcement provided a positive image for Tron in the community after a bearish trend, as it proved that it was possible to implement a practical case of using this blockchain in the near future.

The project is still under development, but the confirmation by both parties has generated very high expectations stimulating the trade of this token.
TIP
TronChat is another development that excited the community because it makes it possible not only to expose the public to the use of the Tron network but also to be a decentralized alternative to other options of recognized stability (and power in the business world) such as Facebook and Telegram.

TronChat’s announcement markets the platform as a new app that counts the best of Instagram, Venmo, and Telegram. This tweet had over 1.1k likes on Twitter and generated very positive comments in the community:The announcement of being listed in an exchange always generates positive expectations for a crypto as it increases the number of traders who have immediate opportunities to do business with it.

TRON added to its list of achievements the trust that Kryptono has placed in it. The exchange has enabled the TRX/BTC and TRX/ETH pairs

However, just three days later, Mr. Sun announced that TRX would also be available on KuCoin, a much larger and more famous exchange, which further increased the excitement of the community which continually appreciates Mr. Sun’s business skills and his hard work to promote not only Tron’s blockchain but also its TRX Token.


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Peoples Token

Tron’s BitTorrent Acquisition Triggers String of Employee Exits

At least five employees have left BitTorrent, the peer-to-peer networking pioneer, following its June acquisition by Justin Sun, the founder of the controversial blockchain protocol Tron, CoinDesk has learned.
LIONBIT
According to multiple sources with direct knowledge of the acquisition and company operations, the departures were related to concerns about the acquisition, as well as the direction proposed for the company by Tron leadership. Sources said three of the employees left on their own accord, while two others were dismissed.

Among those departed were at least two individuals serving in leadership positions, the sources indicated, performing key roles such as general manager and head of marketing.
However, other senior-level employees, including the company’s chief executive, chief financial officer, chief product officer and chief revenue officer, are unable to leave the company due to 18-month lock-in agreements.

The news comes just two months after Sun purchased the San Francisco-based company for $120 million in cash through Rainberry Acquisition, Inc., a company registered to him alone according to publicly available documents. Sun, a former Ripple representative, is best known for founding the Tron project in 2017, which aims to decentralize the internet and boasts controversial miner Bitmain as a backer.

Tron completed a $70 million ICO in 2017, but later returned funds collected from Chinese investors after China banned the fundraising method.

At the time of the acquisition, observers speculated that Sun purchased BitTorrent with the hope of leveraging its extensive user network (about 100 million users per month) for his own project’s ends. Others suggested Sun acquired the company with the hope of lending credibility to Tron – something it has been accused of lacking in the past.
More specifically, last year Tron was accused of failing to properly attribute code that it incorporated into its protocol. This allegation was followed by claims project leaders had plagiarized Tron’s white paper.

TIP

Sun’s $1 billion blockchain launched in late June shortly after the acquisition was announced, however, token holders are still in the process of electing the nodes that would make the technology fully operational.

A Tron representative told CoinDesk via email:
“Tron is committed to the BitTorrent product and user community. We have been growing rapidly since the acquisition, as one family, to meet our vision for a decentralized future.”

But according to sources, this rapid growth is one of several reasons remaining staff are concerned about the acquisition.

The approximately 49-person company is hiring for at least 30 positions ranging from software engineers to recruiters, LinkedIn shows, and employees fear that the expansion Sun hopes to achieve will compromise the company’s working culture, which sources described as more relaxed prior to the acquisition.

Sources went on to tell CoinDesk that there is also unease amongst remaining employees about Tron’s marketing techniques and messaging, particularly with regard to the nascent state of their technology as compared to the way it has been marketed to consumers and investors.

Likewise, they said that BitTorrent staff members feel discomfort about the role of Tron entities in the blockchain’s node elections. Out of 27 total elected nodes, Justin Sun controls one and Tron controls four, though the nodes are named after different entities, specifically, BitTorrent, uTorrent, Peiwo and Raybo.

The Tron acquisition marks the latest chapter for BitTorrent, which has undergone multiple personnel shake-ups in recent years. The company laid off 12 employees in 2008 after its online media store product failed, and again in 2015 when it cut around 40 employees following a reorganization of the business.



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Here Is How Tron (TRX) Becomes a ‘Sh*t-Coin’ in A Good Way

Sh*tcoinis a term that is used in the crypto-verse to describe a coin or token that is more or less worthless. The usual story is that they start off as revolutionary blockchain projects that claim to disrupt everything: banking, insurance, online identity et al. They raise funds and then the project fails and disappears into obscurity together with the value of the token or coin. Tron (TRX) was once referred to as a sh*tcoin but it has proved critics wrongwith a working Mainnet, a loyal community and a bright future with BitTorrent being its golden goose.

LIONBIT

So why is Tron (TRX) a Sh*t-coin in A Good Way?
The Tron foundation has recently announced a partnership wit MOSHROOM which is a leading portable smart toilet supplier in China. As weird as the partnership might sound, it is strategic in the sense that we have to use these facilities a few times a day. Justin Sunannounced the partnership via Twitter as can be seen below:

Investigating further about the partnership, we find that they will work onblockchain technologies, especially cross-border settlements with cryptocurrencies. MOSHROOM has a track record of innovating some of the best smart toilets out there complete with renewable energy and vending machines.

Smart Toilet from MOSHROOM
Supported by the Chinese government, MOSHROOM has placed dozens of these portable toilets in the streets of Beijing thereby making this partnership with Tron quite significant. The cooperation will allow MOSHROOM to gain technical support for mobile payments, especially on the cross-border front.

TIP

Justin Sun is quoted as saying the following with regards to the partnership:
The aspect of cross-border transactions was further elaborated by the founder and CEO of MOSHROOM, Cosmos Wu:
“Since currency systems vary from country to country, it’s not an easy job to popularize our portable toilets around the world. Therefore, we are happy to work with TRON, one of the best in the blockchain community, and promote our project with the help of cryptocurrency.”

TRON and MOSHROOM will first promote portable toilets in Southeast Asia and India: regions with a considerably high population. The usage and payment of the toilets will be enabled by blockchain technologies.

So there you have it, ladies and gents. TRX is now a ‘sh*t-coin’ in a good way. The cryptocurrency will be advancing public health and sanitation as well as getting into a new industry of cross-border payments. One is tempted to remember that Justin Sun once worked for Ripplebefore starting his own project. Therefore, there is some hidden excitement in all this and as to what the final solution will be.


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Author: MaxPositives
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