What is Tron? Tron's mission is to build a truly decentralized internet and aims to be the largest blockchain-based operating system in the world, known as the TRON protocol. The TRON protocol will offer high scalability, high availability, and high throughput computing to serve decentralized applications via smart contracts. Ethereum EVM-based smart contracts will be compatible and deployable on the TRON network as such Solidity developers do not have to rewrite their applications. Why Tron? Since TRON protocol does not rely on proof of work or mining, instead governed by nodes located around the world, it is decentralized while providing high throughput for transactions on the blockchain. This is suitable for dapps that require high speed transactions especially games. There are a number of tokens already issued on the TRON network and the decentralized exchanges has launched. On July 24th 2018, TRON acquired BitTorrent, one of the largest P2P file sharing protocol. As a result of the acquisition, BitTorrent Token (BTT) was launched as the cryptocurrency to power the economics on the BitTorrent network. The Token will be used to inceltivize file sharing and storage within the network.

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Cryptocoins Exchanges / Binance - 1 month ago

XRP turned into TRX during deposit

Hello everyone, about 3 hours ago I withdrew 35 XRP from my Binance account to deposit onto my bitzlo account. Everything seemed good until I get the notification that I have received 35 TRX!!! On my recent deposit history, I can still see the XRP tr...

Cryptocoins News / Blockchain  - 1 month ago

Tron DAO Reserve Buys $50M BTC, TRX

Tron DAO Reserve announced through Twitter that it bought $50 million worth of Bitcoin and Tron () to "safeguard the overall blockchain industry and crypto market." Tron DAO Reserve manages algorithmic stablecoin USDD, which went live on the blockc...

by COINS NEWS - 2 months ago

USDD and TRX, Same Fate As UST or Different?

Hey everyone, There’s been tons of news regarding stablecoins after the UST incident, policies coming up to protect investors, LUNAv2 coming out to try and rekindle what once was, and other projects now developing algorithmic stablecoins to try and p...