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Tron, BTC, and BNB in the mix as BitTorrent accepts crypto payments now

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BitTorrent Inc. is a Tron subsidiary (recently bought) and it’s the company behind the world’s largest decentralized P2P communication protocols and products which you surely already know: BitTorrent and µTorrent.

In a highly anticipated move, since it became part of the Tron world, the company announced that its popular Ads Free  and Pro products can now be bought using three digital assets, namely, Tron (TRX), BNB, and Bitcoin.

CoinPayments.net, one of the world’s leading payment processors for cryptocurrencies will provide the service for the company and its clients. Thus are decentralized currencies, and one of the most widely used decentralized applications in the world, joining forces at last.

“BitTorrent joins a growing list of online companies whose products and services accept TRX as payment,” said Justin Sun, Founder of TRON and CEO of BitTorrent. “With BitTorrent’s over 100 million users, the move helps increase the use of TRX in online marketplaces while giving consumers more options to unlock value from BitTorrent’s premium products.”

So now your alternative coins enable you to pay for one-year subscriptions of BitTorrent and uTorrent products which include Ads Free and Pro for Windows. Pro has anti-virus and anti-malware capabilities, it can convert multimedia files between formats and offers HD playability.

BitTorrent

BitTorrent started in San Francisco as a peer-to-peer file sharing network in 2004, at the time in which eMule and eDonkey, as well as a multitude of other P2P networks,  were competing for users.

Only BitTorrent remains relevant these days. BitTorrent enables users to share large files through the internet through a set of distributed technologies that allow for efficient scaling. This enables legitimate third-party content providers to offer data to their users.

Linux distributors, for instance, have been shutting down their download servers for CD and DVD images and, instead, offer them through BitTorrent. It saves everybody a lot of time, and a lot of money to the company.

BitTorrent’s applications are installed in millions of computers in 138 countries around the planet. It has at least a hundred million users in every possible operating system.

Tron

Tron is a blockchain 3.0 project with a mission. To accelerate the Internet’s decentralization process using blockchain technology and decentralized applications.

It’s one of the world’s leading public blockchains and, after recently acquiring BitTorrent, it’s the largest decentralized digital network ever to exist in the globe.

After Justin Sun Founded it, on September 2017, Tron has delivered on an interrupted stream of successful milestones which include the launching of an autonomous main net last May, network and token independence on the next month, the Tron Virtual Machine on August, and the Tron Developer’s kit last month.

When Justin Sun announced that Tron had bought BitTorrent, it created a lot of buzz and expectation, so the whole cryptosphere has been waiting to see what kind of developments could result of this “marriage”.

This is the first one, but as Tron incorporates the torrent network to the main net it’s expected that BitTorrent’s performance will increase and that users will be rewarded with TRX tokens for seeding their content. This could improve the network’s quality as more people seed more files for longer periods of time.

Image courtesy of Pixabay.

Tron CEO Justin Sun expects 400% growth in DApps in next 30 days

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Tron Foundation published the second report on DApp weekly performance last week. The report hinted rise in the creation of DApps as many developers have started to build their decentralized applications on Tron ecosystem. Currently, more than 20 DApps are up and running on its blockchain.

The usefulness of the DApps is attracting more grounds and some of the top DApps on DAppRadar like TRONDice is going very well. To be more specific, TRONDice, which is a gambling DApp stands in green by 283%, traded 66,399,382 as of the day. Likewise, TRONbet, DiceBet, and WINToken Games are also in strong position.

So, more than 20 decentralized applications are running on Tron blockchain now already. Due to the wide utility of the DApps, it is highly anticipated that Tron mainnet will be supporting 80+ Dapps in upcoming days. That’s something the blockchain firm founder believes so. Earlier today, Mr. Justin tweeted to express his views about current status DApps and his expectations concerning the growth ahead:

As the different groups of developers have started to develop more and more DApps on it, it is more likely that Tron mainnet will have a rise in DApps running on it. But it remains to be seen that whether 400% growth is attainable or not.

Tron has made an excellent progress so far this year. Yes, it’s going down but the market has not spared anyone including Bitcoin since the king seems to be nosediving at its worst. It is worth noting that despite the decline in price, Tron has been consistent in making progress; some of its recent strides include the launch of its Accelator project, successful Mainnet launch, and DEX release.

Yesterday, Tron CEO Justin Sun tweeted to declare another achievement of Tron DApps that Tronbet has surpassed Ethereum IDEX by performance and usage. Undoubtedly, Tron-based DApps are gaining popularity due to the Sun-led blockchain’s abilities and degree of efficiency which probably is only because of the tireless convictions of Justin Sun and his team.

TRX market overview

As of writing, Tron is 12th best cryptocurrency by market cap, trading at $0.012 and is down by 2.30% in the last 24 hours.

Image courtesy of Pixabay.

Top 3 Tron (TRX)-based coins everyone needs to keep an eye on

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Tron’s blockchain and Main Net allows you to issue your own TRC-20 cryptocurrency very easily. It’s probably easier than it was to do on the Ethereum network (Tron’s Tronix itself started as an ETH-20 based currency) and people and organizations are taking advantage of this feature. Let’s have a look at the three biggest Tron-based coins right now.

IGG

Intergalactic Gold (IGG) is issued by Intergalactic Gaming, an organization that’s looking to become one of Tron’s Super Representatives (in fact, they already are now). The project’s aim is to use the Tron blockchain to decentralize online gaming all over the world and to use the IGG token as a means of exchange between users and players.

The online gaming platforms have spawned real economic activity as the most enthusiastic players get some of the most exotic items in each game and then trade them or sell them to other enthusiasts who are willing to pay for them.

If Intergalactic Gaming has its way, this trades will happen in the future by means of IGG. So this is not a token that’s meant to pay for your cigarettes or your beer, but to stay 100% digital, within the video gaming communities of the world.

It’s the top Tron-based token by market capitalization at $121,213.6 USD, it costs $0.0008817 and the supply is of roughly 50 billion.

TronWeeklyJournal (TRWJ)

Our site, the Tron Weekly Journal is a news outlet mainly focused on Tron. As our Facebook page notes,

“Tron Weekly Journal (Tron Weekly) is an endeavor to bring all Tron world news under one umbrella. All latest events, happenings, ICOs, business ideations, interviews of ideators and entrepreneurs, and every activity in the world of Tron will now be available under one unified online journal called the Tron Weekly Journal. While there has been immense churn and activity in the world of Tron, there is no centralized portal or information pool where a new initiator or Tron enthusiast can gather necessary information, be part of a Tron network and connect with other Tron enthusiasts and investors.”

The Journal spreads the news through all the usual social networks and the main website (tronweekly.com) and it also issues its own token, TRWJ. The token’s purpose is to reward content creators and to carry out advertisement, promotion and other similar tasks relative to publishing.

TronWallet

The third asset we’d like to list is called TronWallet (TWX). It’s capitalized at $126,084,554, costs $0.0042028, and the total supply will be of nearly 30 billion of which half are in circulation currently.

TronWallet is an app available for both Android and iPhones. It’s a crypto wallet and exchange for Tron users. It’s an open-source project that puts emphasis on security and usability.

According to the project’s website, the coin’s purpose is to be,

“used inside the TronWallet Autonomous Exchange. TWX will enable token holders to swap tokens and run Dapps on top of TronWallet and its sdk’s (software developer’s kit). It will enable users to connect into a hub and execute instant purchases of tokens directly through smart contracts, at a price that is continuously recalculated. An unstoppable autonomous exchange and liquidity network.”

Image courtesy of Pixabay.

Tron (TRX) receives Binance Info gold label; Sun comments on the bear market

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The recent bear market has been nothing short of a massacre for the cryptocurrency market with several coins seeing multiple support breaks and deteriorating market cap. Tron, which has also suffered under the bear’s wrath has continued its progress towards mainstream adoption, which has been supported by officials of the Tron Foundation as well as Justin Sun, the Founder and Chief Executive Officer of the Tron Foundation.

In a recent tweet, Mr. Sun informed users that Tron had added another feather to its already burgeoning cap. The CEO announced that Tron has officially become one of the first round projects to receive Binance’s Gold label tag. In an official blog post, Binance had stated:

“Today, Binance Info is launching the Gold Label Project! TRON has officially joined this and has become one of the first round invitations that got verification from Binance Info. Now users or TRX holders can learn more about TRON’s team members, real-time trading, distribution of tokens, TRON news, etc. on Binance Info.”

According to the update, the first 100 cryptocurrency projects that will be a part of the initiative will be tasked to provide the most accurate, transparent and trustworthy project information for investors. Binance Info has also gone ahead and stated that as more users join the initiative, the movement for maintaining the accuracy of projects on the network only increases.

Sun was also in the news recently, when he suggested that users on the Ethereum network should move to the Tron network. He had tweeted:

“In bear market, #Ethereum developers should migrate your token to #TRON immediately. 1. 0 transaction fee, no gas in #TRX. 2. Compatible to #ETH, 0 migration cost. 3. 2000 TPS. 4. #TRON dex listing. You can easily increase your token value 100% with High liquidity. $TRX”

The market crash was also brought into notice by the chief Tron official, confidently stating that Tron will overcome all obstacles. In his words:

“In today’s blood bath, we must remember that nothing has ever changed. #blockchain #bitcoin #DAPP is the future and #TRON will decentralize the Internet. Check out #TRON 6 month data, we haven’t seen such amazing increase before. Plz check after 2 years! #TRX $TRX”

Image courtesy of Pixabay.

Low prices don’t stop Tron (TRX) growth

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Tron is one of the most ambitious blockchain projects in the world. It wants to use blockchain technology to fully decentralize the web. The idea is that, if the web can be snatched out of the hands of the big corporations, then content creators will be able to have more control over their work, monetize it directly from users or audiences, and the chances for censorship will all but disappear.

This third generation blockchain’s founder is Justin Sun, who already has proven his worth as a tech tycoon by founding the most important messaging app in China. He studied under Alibaba’s founder Jack Ma and became its protegé. They remain very close friends by all accounts.

It started breathing as a blockchain running on Ethereum’s network, and with a token (Tronix) which was also based on Ethereum ETH-20 technology. Then, Mr. Sun decided that Tron should become independent. So the Tron community and the Tron foundation created a new Main Net for Tron, and, a few months ago, it went its own way, leaving behind Ethereum for good.

Things have been hunky dory for Tron since then. The Main Net was every bit as good as promised (despite the skepticism created by the announced specifications in other crypto communities). Every milestone in the project (a virtual machine, a developing kit, a smart contracts platform) has been delivered on time, and it’s surpassed expectations in terms of performance.

Even more remarkable is that all these successes have been achieved in a year in which the cryptocurrency market has been terribly bearish. Prices have been low all year and they keep falling down.

TRX remains very cheap, and it hasn’t found a way to finally take off. One of the main reasons for this is that it’s paired to Bitcoin in most exchanges in the world (which means you can’t buy it directly, using fiat currency). And because Bitcoin has been feeling the bear’s hug very distinctly, it has kept TRX shackled.

But just how relevant has been the adverse market for Tron’s growth? It seems it has had no influence at all. Just yesterday, a Tron enthusiast tweeted a list detailing Tron’s current status:

  • 1,973 nodes
  • 747 Smart Contracts
  • 32,742, 293 Smart Contract Triggers
  • 674,990 Total Accounts
  • 1,842,438 Txs record

Those stats are quite impressive if you take into account that every single one of those numbers was equal to zero something like a year ago. Tron is moving forward and growing very quickly, even in a bear market.

And this doesn’t even include the millions of new Tron users that will join the blockchain (even if unaware) through the BitTorrent decentralized network which is now Tron’s and will run over the Main Net soon. Tron plans to give TRX tokens away to BitTorrent’s seeders so that they keep sharing their content for longer times, thus boosting the P2P network’s power.

We started this article saying how ambitious is Tron. It remains to be seen if such high objectives are even possible. But for the time being, is growing very quickly and delivering on every milestone.

Image courtesy of Pixabay.

How does the Tron (TRX) future look practically now?

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Right from its beginning, the collective goal of the Sun-led foundation was to run a true decentralized platform that will ensure secure content sharing in a decentralized way. As the project got matured, it introduced DApps to manage the despotism for its community to uproot the disruption of the third parties like Google, Facebook and Apple that control and boast power to devourer and take financial share without any exertion.

Hereby, decentralized apps (DApps) allow a peer-to-peer connection among users to transact without any hesitation. Additionally, in attempt to complement its platform, it introduced TRX (its native token) with the total supply of 99 billion, circulating among various small and large projects.

As of today, Tron stands at 11th position by the market cap, trading at $0.0135 and is down by 5.37% in the last 24 hours. For many crypto enthusiasts, it will be intriguing to figure out how the things would go concerning coin as 2018 ends now.

It is worth noting that Tron (TRX) is one of the fast-growing projects due to its admirable efforts and strides, and it seems it would be in zenith soon. Hence, the experts have predicted that TRX price will surge to at least $0.5 by the end of 2021.

On the other hand, some investors and traders are anticipating that TRX will rise to an estimated price through the short-term period as of Dec 2018. While taking the recent performance of Tron into account, some analysts have concluded that it will be placed at an average price of $0.03, which points to 109% change.

Subsequently, mark $0.05 can be expected as the peak for Dec 2018. It is not sure that whether it will come to life because the rise and fall of virtual assets rely on multiple facts that affect the industry as a whole.

Despite the fact that bears are hugging entire market, Tron continued its progressive activities and launched an accelerator program last week, granting 1 million USD to the developers to build their dream DApp. The amount will only be used for innovations in the blockchain to make it more attractive.

What TRX value can we expect after 2018?

It is a fact that predicting the accurate prices of cryptocurrencies is impossible, but experts spare no effort to portend. Analysts produce deviations by taking the current behavior of the market into account, and also examine the historical data along with polynomial regressions.

In this case, Tron (TRX)‘s projected rate is $0.03.5 for Jan 2019 and also can rise between $0.4, a topmost figure that can come to happen in q1 of the upcoming year. The digital asset might grow steadily beyond the year 2019.

The flutter between the $0.03 and $0.04 would come to the table from May to August. With that passage of time, the digital currency led by the visionary leader, Justin Sun, can record a change nearer to 199.46%

Subsequently, beyond the last quarter of 2019, the projected price of TRX seems to be hovering between $0.05 and $0.07.

Reasons why Tron (TRX) has been holding the grounds

Tron is barely a year old, but the blockchain firm has achieved an accountable success already. Why? We hear you ask. First, it has an excellent team. Second, the project has boarded vital partners regularly. Third, it never stops, keeps sealing deals and all.

Image courtesy of Pixabay

Tron Sets-up Official Website for its $1 Million Accelerator Project

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Tron is one of the most decentralized blockchain platforms today and taking a look back at its initial vision; it was created to change the entertainment industry. Despite hitting extreme lows this year, the cryptocurrency remains positive and has kept its supporters with it rather nicely despite the market is bearish.

And now, the blockchain project run by visionary leader Justin Sun is going to invest a million dollars for its Accelerator program for Dapps.

Tron Accelerator is set to be launched shortly. In the bid to foster the development of the program, the blockchain firm has created an official website (tronaccelerator.io) of the project.

It is important to know that Tron Accelerator is a program that will change Tron’s ecosystem, because it will give developers the right opportunity to create Dapps and get incentives; in return, Tron acquires the best minds to help in the development of its ecosystem.

Tron Accelerator, a Big Rival to Ethereum’s Project

Tron moved from Ethereum’s ecosystem to create its very own ecosystem. Just like Ethereum, it helps in the production of decentralized applications in the blockchain world.

With that in mind, Tron decided to explore the opportunities in Dapps where the games alongside Smart-contract applications can be created which is why Tron Accelerator project got announced to foster the development of decentralized applications.

Tron is poised to make sure their ecosystem is more efficient that Ethereum’s and in that view, Tron Accelerator will help to improve the prominence of it in the blockchain world.

About Tron Accelerator

As the words on the website can be read,

“TRON Accelerator is a $1 million USD program that aims to assist developers and foster innovation within the blockchain industry. Developer teams are invited to submit their decentralized application project, build on the TRON protocol, and compete for one of the most ambitious Blockchain hackathons ever hosted.”

According to Tron, there are one million USD total awards and 56 winning projects. The blockchain firm also stated that Grand Prizes winner would have the chance of free travel and accommodation during niTROn Summit in San Francisco, as well as future Tron investments. The first reward is about $200,000, second prize is $100,000, and the third stands a $50,000.

There will be a special total prize of 240,000 USD for eight winners in 8 different categories. The eight winners will be selected based on the excellence in application tool, blockchain game, decentralized exchange, innovation, user experience, UI design, Onchain Activity DApp, and most influential Dapp.

Interestingly, there are going to be ten judges including Tron’s CEO, Justin Sun. The panel of judges also includes Cong Li, Tron U.S Head of Tron Protocol, and Vincent Niu, DappReview CEO.

The blockchain has stated the rules and regulations concerning the Tron Accelerator program:

  1. Developers can participate and apply in a team or individually, and that there’s no limit on the number of team members per team.
  2. Every team member must entirely agree to the terms and conditions of the contest.
  3. All development(s) must be based on the Tron protocol. More information about Tron’s protocol can be found on their documentation platform and Github.
  4. All proposals are to be submitted on or before the due date that is January 4th, 2019, Midnight (PST).
  5. Proposals must either be in English or Chinese language.
  6. Participants must be legally responsible for their proposals/projects.
  7. The awards are based on each project.

Image courtesy of Pixabay

Wish you could make free income from crypto? Tron (TRX) can help

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Making a passive income through a blockchain network is the ‘holy grail’ to making money and can be something that’s not really attainable. With that in mind, there is good news for the Tron (TRX) community, and that is: they can make money on Tron’s network for free without paying even a buck or dealing with hidden charges.

Tron is a massive project that’s poised to make sure we have a decentralized internet. Since its protocol is one of the largest in the blockchain world, it has a good number of mini-projects for its community from which they can take advantage. Are you thinking of how to earn a passive income on Tron’s network for free? Alright, we hear you asked. Here are some potential ways in which you can make money with Tron without spending a penny.

Tronbet

Tronbet is a gaming platform where users can stake using TRXs. It is vital to know that Tronbet is a decentralized gaming platform which is transparent and fair. Also, Tronbet is the first e-gaming platform on Tron’s network. The more you bet as a user, the more ANTE tokens that are received.

Subsequently, Tron’s ANTE token, according to Tronbet whitepaper, helps to reallocate wealth to Tron community and to those who participate on the gaming platform.

Also, about 100 percent of all ANTE tokens received from the platform are re-distributed to all individuals who own ANTE. Although, gaming on Tronbet may impose risk as it involves betting; still, it is a potential way to earn money on Tron network.

IGG (Intergalactic Gaming)

The era of esport has come to stay, and Tron is making sure the revolution is right. The IGG (Intergalactic Gaming) makes use of smart contracts and blockchain technology to revolutionize the way people interact in the realm of esports.

IGG tokens (the TRC-20 ones that are based on Tron network) are poised to play a crucial role in the Tron ecosystem as it has accountable use cases for teams, gamers, brands, and of course, the wider public.

If you read the whitepaper of the project, it states that IGG is a community for games and even from there, you can become a member of Tron network. One the most critical benefit of registering in the platform is that you will get rewards (5000 Intergalactic gold) after performing certain activities.

Voting and SEEDING

The best ways to earn money on Tron’s network is through voting and seeding. It is worth noting that the Super Representatives you’ve voted for will offer you rewards after you freeze a certain amount of TRX on Tron network (freezing TRXs is necessary for voting on the network).

On the other side, holding SEEDs gives you rewards and more significant votes. For instance, if you are being given three votes per SEED and you hold it – it automatically implies that for every SEED you hold votes for sesameseed at 3 TRX (you get 3 TRXs).

Even though the potential of earning is 3 TRX but that keeps fluctuating, and you may even get up to 6 TRX soon. Also, when SEEDING, users would start getting about 80 percent of the total revenue that SEEDGerminator project generates.

Consequently, more and more projects are coming up on the Tron network and it is probable that they will offer rewards for being an active player on the project or just by holding the tokens to earn more.

Image courtesy of Pixabay.

Tron (TRX) partners with Huobi Wallet; bounty program announced

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Tron [TRX] has been in the news multiple times lately with the announcement of several developmental updates and partnerships. The excitement on the network comes in the wake of an intense bear market which has seen many cryptocurrencies fall to yearly low prices.

Recently, Justin Sun, the Founder and Chief Executive Officer [CEO] of the Tron Foundation, gave Tronics another reason to celebrate when it was announced that Huobi Wallet will now officially support the TRX token.

Users and holders of the cryptocurrency were also told that a bug bounty program would follow the partnership. The news has certainly reached a lot of ears, which was evidenced when Changelly, another cryptocurrency exchange stated on Twitter:

“Congrats to @HuobiWallet and @Tronfoundation! We are proud to work with you both through these uncertain times together”

Huobi was also in the news recently when it was announced that the digital asset provider was going to expand into Indonesia. Li Huo, the Vice President of Huobi Global, had said:

“Huobi Cloud’s entry to the Indonesian market will be able to help drive change in the traditional financial marketplace by providing a channel for small to mid-size enterprises to integrate into the broader financial marketplace. New legislation will come into play that brings cryptocurrencies and the blockchain into the regulatory field.”

The Huobi Wallet also announced that users can now store TRX on it to share up to 400,000 TRX bonus. The cryptocurrency exchange has also said that the snapshot will be taken on November 25th and the bonus will be based on the size of the user’s TRX asset.

Alongside the rest of the crypto market, Tron has also been in a ‘tight’ bear hug lately, but that hasn’t stopped Sun and his team to keep striving forward. The developments of the blockchain project are a hint that it is a genuinely serious crypto project that means business. You should not worry about current TRX price and instead focus on its long-term potential and real-life usability, the price will follow sooner or later eventually.

Image courtesy of Pixabay.

Tron (TRX) makes surges in the market despite bear attack; developments galore

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Tron [TRX]’s week has been something of a roller coaster with several updates and developments coming in the wake of a bear market. The current market atmosphere which has destroyed a lot of prices supports held by cryptocurrencies still has not stopped the Justin Sun-led company’s rampage to push Tron into the realm of mainstream adoption.

A recent report released by the Tron Foundation shows that the company has improved the design documentation of transaction priority with the added advantage of the availability of a light node plan. The Tron Foundation has also informed users that the optimization of the data refresh and the development of anonymous transaction on digital wallets are still in progress.

The organization has also gone ahead and stated that:

“It was a great honor for TRON to attend the Web Summit and speak on “How Blockchain Technology Changes Consumer Experience” and “How to Present and Distribute Content in the Next Era of Digital Content World”, bother were warmly received by the audience.”

Tron has also revamped the API reference page of Developers’ Documentation and added transaction signing guide. The report released by the Foundation says that over 12,000 people have visited the page in the past week.

Tron had also made news recently when it was revealed that Tron and EOS contributed 82% of all cryptocurrency transactions. In lights of the report, Tron boasts almost 78.543 million transaction which is the highest number of on-chain transactions that the cryptocurrency’s blockchain had witnessed.

Tron also has 21,211 active addresses on the blockchain, a number far greater than most of the members of the top ten cryptocurrency club. So, evethough, TRX is bleeding red alongside the whole market, Tron is still surging regarding developments. As in case of any other cryptocurrency, you should consider the developments in its ecosystem more important than the short term prices. The price would follow eventually.

Image courtesy of Free-Photos/Pixabay