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Apple’s co-founder says we should all focus more on Bitcoin’s value creation rather than price

March 5, 2019 by Ali Qamar

The legendary Steve Wozniak, who was the engineer who designed the Apple II computer alongside the no less legendary Steve Jobs, is now joining other tech gurus in talking about Bitcoin’s potential, which remains the top-ranked cryptocurrency in the world.

Many observers have signaled the current year as one that could make all the difference in the cryptosphere because many interesting institutional projects are scheduled to come online during this year.

Several stakeholders since the start of the year have identified 2019 as a watershed year for digital assets with many important institutional projects set to go live during the year. The most famous example is probably Bakkt, created by Microsoft, Starbuck’s and ICE (owners of the NYC stock exchange), but there are several others.

Bitcoin’s value creation

Mr. Wozniak talked to Bloomberg and said that Bitcoin had created massive value along the time, even if it’s been under the bear’s influence for 2018. He had this to say on the matter:

“We’ve seen massive value destruction but we’ve seen massive value creation. I had a lot of bitcoin, but never as an investor. I only had bitcoin to experiment with and I still experiment with it on new bitcoin devices.”

Coin Dance’s data shows that P2P transactions for Bitcoin are at all-time highs in countries such as Indonesia and Venezuela. For Venezuela, it’s even more obvious, because the macroeconomic situation there is absolutely terrible and people need more help from the digital economy to be able to get by even as the government rejects humanitarian aid.

It’s not the first time in which Mr. Wozniak has expressed himself on Bitcoin’s potential. He’s on record explaining how it will become digital gold, and telling the world that the asset is just “amazing.” On the other hand, he’s not all that excited about blockchain technology which he considers to be a bubble.

He’s not alone in his views. Elon Musk (Tesla’s CEO) recently talked about his appreciation for Bitcoin as well and explained why he thinks it will end up replacing fiat currencies at some point.

At the same time, he explained that Tesla isn’t ready to adopt Bitcoin or any cryptocurrency. But he made it clear that Bitcoin’s network, which allows it to exist outside mainstream currencies and controls, makes it a better vehicle for wealth transfer than fiat currencies.

Think utility, not price

The focus on Bitcoin should be utility and not price, according to Mr. Wozniak. He said he doesn’t care all that much about prices. Which makes sense when you remember that the 2018 bear market (which is still ongoing) made 80% of the market’s value vanish into the air.

For Mr. Wozniak, the whole point is to develop more useful application-cases for Bitcoin. In that regard, he complimented Jack Dorsey who’s been recently supportive of Bitcoin. He said that the new Lightning Network is a step in the right direction for the Bitcoin network because it facilitates Bitcoin adoption in the payments arena.

As last month started, Mr. Dorsey appeared on Joe Rogan’s show. He explained that Bitcoin has the potential to become the internet’s native currency. It has all the specifications needed to be the universal internet currency.

Mr. Wozniak thinks that the industry must be people-oriented. Using cryptocurrencies remains rather difficult for average people which is why mass adoption has still not happened at all. On that subject, he recalled his friend and colleague Steve Jobs as a man who knew how to engineer widespread adoption of sophisticated technologies by making them easier to use. That’s how Apple succeeded. That’s how Bitcoin could succeed too.

Image courtesy of Flickr.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Filed Under: Bitcoin News Tagged With: Apple, Bitcoin (BTC)

TRON Hits 2 Million Accounts in No Time

March 4, 2019 by Naveed Iqbal

TRON (TRX) is witnessing an intense growth in the crypto space due to the fact that it is one of the most attracting digital assets today. It enticed more users at the end of last month; during that same period, the CEO of IAmDecentralized.org Misha Lederman stated in a tweet that 1.9 million accounts are present and TRON just needs 21 thousand plus accounts to achieve the 2 million accounts milestone.

Misha’s Tweet read:

“#TRON witnessing massive growth in new accounts over the past 2 days, adding a record of 77,105 new wallets on Feb 27-28. This puts the total number of accounts on the TRON  blockchain at 1,978,032. We’re less than 22,000 accounts away from 2 million #TRX wallets #IAmDecentralized.”

Today, TRON reached the 2 million account milestone. It should be noted that TRON’s MainNet launch was March 4, 2018, and within 252 days, it achieved this fantastic milestone. Ethereum, on the other hand, launched its MainNet on May 20, 2017, but could only achieve the 2 million account milestone within 660 days.

TRON hit 2 million accounts today📈

How long did it take the 3 major DApp platforms to reach 2 million wallets after Mainnet launch?#TRON: March 4, 2019 (252 days from Mainnet)#Ethereum: May 20, 2017 (660 days)#EOS: Not hit 1 million (765k in 276 days)#IAmDecentralized🖖🏽 pic.twitter.com/y0dNqcLxQe

— Misha Lederman (@mishalederman) March 4, 2019

Clearly, Tron is growing way faster than Ethereum.

TRON, the Go-to Platform for Dapps Developers Today

TRON is the developers’ choice, due to the fact that it continues to foster the development of Dapps today. As a result of the developments of Dapps on TRON platform, the number of accounts has increased in a short period.

TRON recorded more than 70,000 new accounts interacting with TRX Dapps in the past two weeks; we aren’t saying this at our own, this is according to Ratingdapp.

In the same time-frame, EOS recorded just 52,974 new accounts, and Ethereum managed to get 25,887. Subsequently, the two most popular Dapps games (Epic Dragons and Crazy Live Dogs) and exchange Dapps (TronTrade and TRXMarket) in the crypto space only run and function on no one else but TRON’s network.

A tweet by Misha Lederman reads:

“#TRON recorded more than 70,000 new accounts interacting with #TRX Dapps over the past two weeks alone, according to the new rating from @RatingDapp. Meanwhile, the two most popular games and the two most used exchange Dapps are housed on TRON. #IAmDecentralized. #TRX #BTT.”

The Introduction of BitTorrent to TRON’s Network

Besides the fact that TRON fosters the development of Dapps, another factor that contributed to the 2 million account milestone was the introduction of BitTorrent. TRON’s network has made file sharing very easy to perform, and fruitful, which is attracting people in bulk.

What Next?

TRON is on the path to becoming one of the top cryptocurrencies in the crypto space. It is important to recall that before TRON launched its MainNet last year, its CEO: Justin Sun, stated that TRON Foundation had paved the way for TRON (TRX) to be among the top 6. No doubts, TRON is progressing towards precisely that with all these developments.

Notwithstanding, TRON attained the number 6 spot in January 2018 but got removed from the place in a short period of time. However, Sun later stated that lots of work are in progress to make TRON regain the same position permanently.

Sun declared:

“Expectations for the future are even higher. Our next goal is to become one of the top 6 cryptocurrencies in the world. We have actually achieved top 6 briefly on January 5, 2018, during TRON’s astounding sprint out the gate. In 2018, we will reclaim and secure this title, which will mark TRON’s global status as a mainstream public blockchain and lay a solid foundation for competition with Ethereum”

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Filed Under: Tron News Tagged With: Blockchain, Justin Sun, TRON (TRX)

Is the bearish run of crypto over at last? McAfee and Lund: Bitcoin will hit a million bucks

March 4, 2019 by Ali Qamar

The crypto winter could be finishing. During February’s last week all of the major cryptocurrencies went up impressively (yes, Bitcoin and Ethereum too).

The market capitalization was over $142 billion (half of it was Bitcoin’s), and the gains were quite stable even on the weekend (the market is slightly in red again today, though). The momentum couldn’t be sustained, so the current total market capitalization is at $124.

Bitcoin reached $4,200 (it’s at $3,757 as we write this), but it wasn’t the only coin going up. Many did increase in value, and some were even more profitable than BTC (Ethereum, for instance, went up by more than 10%). EOS, Tron, Cash, and Litecoin went up by 5% or more; XRP by 4%.

If that trend had followed (which it didn’t) market valuations for many cryptocurrencies would have been green and in two figures. But the most important thing is that that upsurge shows that the market is fighting hard to get rid of the bear’s hug it’s suffered for more than 15 months already. And Bitcoin’s price didn’t have to go all the way down to $3,000, as many people thought, for that to happen.

It’s not crazy to think that the events of February’s last week can be the turning point in which we will see consistent growth. Yes, there will be fluctuations, things won’t be smooth (they’ve never been), but we could be looking at the light at the end of the tunnel, and that’s good news in itself.

Why the upsurge?

An expert at eToro is on the record explaining that the reason for the upsurge could have been Ethereum’s sudden scarcity. It makes sense if you take into account that Ethereum lead the way regarding impressing games during that time period, so it does suggest that Ethereum’s shortage was behind the crypto jump.

But it also had something to do with Samsung. That’s Korea’s larger smartphone manufacturer. The company announced that the new handsets would include support for cryptocurrency wallets, which is a shift in the firm’s past policies. This is relevant because it means that the world’s main tech vendors are realizing that cryptocurrencies are here to stay and that supporting them is the way to go.

Samsung, McAfee, and Lund

And even before Samsung’s announcement of adding built-in crypto wallet in their upcoming Galaxy 10, both Jesse Lund and John McAfee stated an opinion: Bitcoin will go all the way up to USD 1 Million, sooner or later. Mr. McAffee has been saying that for years now, and while he remains an authority in the technology world, he’s been so vocal about it that a lot of neutral observers don’t take him that seriously anymore.

Mr. Lund is a different animal. He’s not a tech celebrity, but he still is very influential because he’s the head of blockchain and cryptocurrencies at IBM. Mr. McAfee says the 1M record will happen by next year’s end, and Mr. Lund gives no dates, he just thinks it will happen.

The future

Ethereum could keep leading the way for some time. The network’s hard fork and update (called Constantinople) has been expected for a very long time (and it got delayed because it didn’t work properly). As that update just went online recently (assuming that it works and addresses some of Ethereum’s most disturbing problems), it could keep Ethereum in the vanguard.

But even if Ethereum doesn’t lead the way, there are plenty of projects in the cryptoverse that have very solid fundamentals and real-life value (Tron, Cardano, Ripple, Electroneum, just to name a few). So, crypto will recover never doubt that. When? Well, that’s impossible to say. In the meantime, we still have a chance to buy cheap.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Filed Under: Market Analysis, Bitcoin News Tagged With: Bitcoin (BTC), Cryptocurrencies, John McAfee

The Tron Weekly Journal joins forces with Moon Marketing

March 3, 2019 by Ali Qamar

The Tron Weekly Journal

The Tron Weekly Journal is one of the very best information services covering everything TRON. We aim to offer all the relevant information and news about the Tron project in a single place so that all the Tron fans in the world can find out quickly and reliably what is going on.

As many of you know, we even have our very own TRX-based cryptocurrency (Tron Weekly) that serves as a means of exchange for all the things the site needs to do to keep going (advertising, incentivizing collaborators, etc.). So, TronWeekly.com is a website worth of your time, come and visit often, you’ll find lots of exciting information about Tron and all things related.

Moon Marketing

Then there’s Moon Marketing. This is a Tron focused project which aims to bridge the gap between Tron’s decentralized applications, general users, and gamers by deploying innovative marketing tactics (which has been Tron’s seal from the beginning) and the DarkMatter gaming platform. DarkMatter has a token as well (DMX).

The partnership

Tron Weekly Tron Moon Marketing

And now, Moon Marketing has partnered up with The Tron Weekly Journal to work together. Moon Marketing’s innovative tactics will enhance the influence Tron Weekly already has, and association with Tron Weekly will also help Moon Marketing’s credibility. So it’s a marriage made in heaven that will improve the Tron Network experience for every user who is willing to take advantage of it.

The packages

The partnership will start by offering several packages that you can use anywhere within the Tron blockchain. Here they are:

  • Bronze: 6.5k TRX. This gets you seven days of advertising at TronWeekly.com, custom press releases by Tron Weekly and inner page adspace (300 x 250 bitmap).
  • Silver: 10k TRX. You’ll get the same as in the Bronze deal but with 20 days of advertising, and a post in Tron Weekly’s Telegram groups to promote your own project’s press release.
  • Gold: 18k. Thirty days of advertising on Tron Weekly, your inner page banner AdSpace can be 728 x 90, You get your project mentioned the weekly newsletter. TronWeekly will review your project thoroughly and, if you issue an ICO, the Moon Marketing team will review that. You press release will be updated, and a 10% discount on all articles written by Tron Weekly for your project. Last but not least, a 10% discount on all social media post done by Moon Mine on your behalf.
  • Platinum: 24K TRX. Forty-five days of advertising at TronWeekly.com. You can choose where your ad is placed, and your project is mentioned in two different Tron Weekly weekly newsletters. Moon Marketing will make a custom graphic for your project which will be included in the press release. Moon Mine will do two social media posts on your behalf. The discounts for articles and social media postings go from 10% to 25%.
  • MVP: 30k TRX. You get everything you get from the previous packages and more. Moon Marketing will put its mind on a video to promote your project. You’ll get a promotion during a DarkMatter live event. The discounts on future articles and social media postings will be as high as 50%.

This is a particularly good time to get one of these packages (and of course, fill your bag more with Tron Weekly tokens) because the Tron Weekly Journal just burned 150 million tokens yesterday, on March 2nd, and that usually brings up the token’s price.

So we salute the new partnership and invite you to join in!

Join and subscribe to the Tron Weekly Journal on Telegram: Group | Channel

Moon Marketing on Telegram: Channel | Moon Mine

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Filed Under: News, Tron Universe Tagged With: TRON (TRX), Tron Weekly

Four best Tron Blockchain games to play and earn free TRX coins

March 2, 2019 by Naveed Iqbal

TRON has been one of the most existing blockchains so far. And this is because it was created to support the entertainment industry and content creators. Not only that, TRON is the developers’ choice, and more Dapps and games are now created on its network, and as time goes on, it seems, almost all blockchain games will be TRON based.

As TRON is gaining more attention today and attracting Dapps developers, the blockchain technology has partnered with lots of companies including game.com. Without much ado, here are four exciting TRON based games you need to know about. And yes, these Tron games are a good way to earn free TRX.

  • Aftermath Islands

Aftermath Island is a strategic role-playing game built on TRON network. Aftermath Island launched their first playable version of the game in February 2019, last month, which features island owners, pirates, and a decentralized world.

Game players enact decisions on the islands of the game. The owners in the game have the opportunity to get resources and look for junks. It is important to know that all useful items collected during the game are traded with other players and they can be returned to the source.

The Aftermath Island game released permanent game accounts and wallets in January 2019. You can check the game out by visiting their official website aftermathislands.com.

  • CropBytes

CropBytes is a TRON based digital farming game, where users can become a farming tycoon, grow crops, buy land, upgrade buildings, breed animals, etc. At the moment, the Android and iOS version of the game is available, but the Dapp is still under development.

Feel free to check CrypBytes out at cropbytes.com.

  • Magic Academy

Built on TRON blockchain, Magic Academy is one of the latest games that got added to TRON’s network. This game involves wars and wizards. Players can buy wizards and win rounds to get lots of Jades. Because the game is TRON-based, TRC20 and TRC-721 are the main assets used in it.

tron.magicacademy.io is the official website of Magic Academy.

  • Eggies World

Eggies World is one of the first cryptocurrency-collectible game on TRON’s network.  You can feed and raise eggs on Eggies World game on TRON’s network. It is important to know that the game allows player rewards in which in-game players earn rewards depending their on EXP.

You gain EXPs on Eggies World when you feed, raise, and love your EGG/Monster. All the EXP stats get shown in a list to view your current position.

There is also token feeding on this game in which every monster possess the ability to eat every TRON based token on the market. It is vital also to know that every single token will either have a positive or negative effect on a player’s current monster stats.

Eggies World also has its native economy dubbed as EGG. TRON’s SeedGerminator project backs the game and the EGG. Eggies World is live on its official website eggies.world.

Final Words

That’s it; these are the best games on Tron blockchain that you can play and earn some free TRX alongside great enjoyment. Of course, there are other beautiful games on TRON network, too.

The Sun-led blockchain is now the developer’s choice because its network is fast and can support numerous Dapps efficiently. TRON is a futuristic company and we shouldn’t be surprised if almost every Dapp game you see online gets built on TRON network soon.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Filed Under: Education Tagged With: Blockchain Games, TRON (TRX)

John McAfee expresses fondness towards Tron-based decentralized content sharing platform

March 1, 2019 by Naveed Iqbal

Getting some praise is something that is welcome by merely everyone, but when it comes from someone widely-trusted, it becomes even more than just being praised, ask Tron. John McAfee, a well-recognized identity in the crypto space and fugitive US presidential candidate, has expressed some love for the upcoming Tron-based decentralized content sharing platform, VibraVid.

Tron has slowly but surely made some significant steps over the past as it looks to establish itself as the best blockchain platform. Tron CEO has been vocal about the progress it’s making and has claimed that the future is even brighter saying that the upcoming platforms, as well as tokens based on its protocol, are significant.

Subsequently, Tron is being listed on various exchanges while the number of DApps users on its platform continues to grow and the recent hard fork update will only take the network’s security as well as performance to the next level. Therefore, there’s no doubt that every move that Tron has made is the right one thus far and hopes to bring more folks into the blockchain space.

Nonetheless, the praise from McAfee is a morale boost for Tron given that he’s a well-established identity in the crypto industry. In his tweet, McAfee showed love for Tron-based VibraVid which is expected to provide artists with direct compensation based on their work.

All You Should Know About VibraVid

VibraVid is a decentralized content platform which is viewed as direct competition to YouTube and the likes. It aims to change the relationship between the consumer and the content creator. The most significant factor of change will be monetization as VibraVid promises direct compensation to the creators.

I do love this https://t.co/8MTAHmHwAH

— John McAfee (@officialmcafee) February 28, 2019

Either BeatzCoin or BTZC would be the cryptocurrency of use on the new platform whereby the creators will have all the power to upload, store, rent, market as well as sell their content to consumers. VibraVid aims at making its BTZC token the fuel of the new platform that creators, as well as consumers, exchange digital content such as videos and songs.

In McAfee’s words,

“Supporting underground musicians, and helps any artist take control if their own work. Very freeing.”

Tron on a roll

Unlike other coins that saw the light early, Tron has been around not long enough; still, one thing is clear that it has created an impact in the decentralized sector already. It serves as an ecosystem for the creation of decentralized applications as well as tokenization.

The effort the developers are making is excellent, and currently, the network is competing on the front foot with coins like Ethereum to become the biggest launch pad for a variety of DApps as well as Token creation.

Besides, Tron is experiencing an expanding usage as each day passes with TRONbet decentralized app currently being the number one app in all Dapp platforms amounting to over $36 million transactions per week. With new updates and features getting deployed including the hard fork update, Tron’s decentralized web will only be gaining some more momentum.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Filed Under: Tron News Tagged With: TRON (TRX), Tron Tokens, YouTube

Want to buy Bitcoin with PayPal? Here are five easy ways for you

March 1, 2019 by Naveed Iqbal

A few years back buying bitcoin was indeed an overwhelming process, but currently, the pendulum seems to have shifted to the more relaxed side of purchasing bitcoin. The reason is quite apparent, for the past few years there have been a growing number of exchanges, payment methods on the upward trend, and the buying process is simplified.

For years, PayPal has remained to be a top online payment processor across the globe. Therefore, it’s a no brainer that most folks are looking for means to buy crypto, especially bitcoin with PayPal.

PayPal is Providing Answers

Here’s the thing…

Buying bitcoin using a secure payment method such as PayPal is possible, but we have to agree on one thing that the process can be somewhat challenging to do. But never mind that difficult part because after all, it’s possible, right?

Why is it difficult to find a credible place to buy bitcoin with PayPal?

That’s the question that answers why PayPal doesn’t allow it easily. For instance, there have been several chargeback cases whereby scammers purchase bitcoin with PayPal and later claim not to have received anything. In the end, they get their bitcoins along with their money.

However, you don’t have to worry as here are some of the best ways you can buy bitcoin with PayPal without any issues.

Five Options for Buying Bitcoin with PayPal

In January this year, Virwox shut down its PayPal deposits, and since then it has been challenging to obtain bitcoins via a PayPal account.

One thing for sure is that there’s no direct purchase of bitcoins with PayPal at the moment, you can’t reverse bitcoin. Perhaps, there are other options for buying bitcoin with PayPal which include:

  1. Wirex
  2. eToro
  3. p2p marketplaces LocalBitcoins and Paxful
  4. Virwox

Using Virwox

Virwox.com may have shut down its PayPal deposits, but it by far happened to be the best way to buy bitcoin with PayPal. It offers a way past the chargebacks by using a virtual currency SSL (Second Life Linden Dollars) as mediation means.

All that is required is to deposit using PayPal to Virwox exchange and then purchase SSL with the EUR or USD deposited. Then you can buy bitcoins with the SSL after which you can withdraw the bitcoins to an own bitcoin wallet. The process may look complicated, but it works reliably. The only drawback is the associated fees at roughly 10%.

Using eToro

eToro.com is a non-US exchange with relatively low fees and accepts several payment methods. Here you’re allowed to buy crypto with PayPal (bitcoin in this case), but not able to withdraw or send them to other individuals. It means you can only change them to fiat money; hence that’s going to be just investing in bitcoin and not buying the actual coin.

P2p marketplaces LocalBitcoins and Paxful

LocalBitcoins.com was created for real people to meet and exchange bitcoin, and for that reason, it has made the process secure and safe. Buy bitcoin on LocalBitcoin only requires finding and connecting with an individual willing to accept payment with PayPal for bitcoins (there are many).

On the other hand, Paxful.com allows the users to create an account (of course, you create an account on LocalBitcoins mentioned above for bitcoin purchase using PayPal), find sellers as well as an exchange in PayPal for bitcoins. It uses escrow service that provides additional security for the buyers and sellers alike.

Using Wirex

Like any debit card, Wirex can be used with a PayPal account. It has medium fees with taking an extended period to complete as a drawback. There’s no assurance that the transaction can be successful as they are not partners (Wirex and PayPal) hence a method that should come last on your list.

You only order a virtual or physical card from Wirex and connect it to the PayPal account and verify. Deposit to PayPal and withdraw them to your Wirex account after which you’ll be able to buy bitcoin with the funded Wirex debit card.

There’s no denying that buying bitcoin with PayPal is safe as well as secure, but the fees paid are quite large. However, if PayPal is your preferred payment method, then you now know where to go and buy bitcoin using PayPal instantly (almost).

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Filed Under: Education Tagged With: Bitcoin (BTC), Cryptocurrencies, PayPal

TRON grabs the 2nd spot while EOS remains number one on China’s latest crypto ratings

February 28, 2019 by Naveed Iqbal

China released the rankings of major cryptocurrencies in the crypto space recently, again. China’s Center for Information and Industry Development (CCID) performed the rankings which involved about 35 crypto projects. This time around, TRON – the surprise inclusion – claimed the number 2nd spot in the rankings.

The motivation of CCID for TRON’s second spot is due to the fact that the blockchain has a high throughput, high expansion, and reliability.

CCID listed these top 35 cryptocurrencies by market capitalization based on “Basic tech,” “applicability,” and “creativity.”

It should be recalled that last year, Ethereum occupied the second position, but this time around, TRON dethroned Ethereum, which now ranks third in the CCID rankings.

EOS still remains at the top while Bitcoin (placed at the 15th place previously) moved up a bit to the 13th spot. Subsequently, Bitcoin Cash moved to the 27th spot after being at the 28th spot in the previous month.

China's Center for Information and Industry Development (CCID) has released a new updated #crypto ranking.#Tron makes its debut at #2 spot, ahead of $ETH, $BTC, $XLM & more.

Even governments are starting to take notice of the storm that's brewing 👀☁️⚡️☁️$TRX #TRX pic.twitter.com/74fSTRF8tD

— TRX Colony (@TronColony) February 28, 2019

TRON is the newest addition to this ranking, and it is already occupying the second spot as a result of so many factors. TRON was launched May last year; in less than a year, this blockchain has been able to come up with great innovations in the crypto space.

Additionally, CCID termed TRON network as a “blockchain technology that is compatible with Ethereum Smart Contract.” The Chinese authority on blockchain was also motivated to move TRON to the second spot as a result of its active transactions and the number of Decentralized applications on its network. With that, TRON came out with a total evaluation index of 145.6, thus, placing it second to EOS blockchain network.

Furthermore, CCID also made it known that the scrutiny of the present rankings was high, but overall, most cryptocurrencies such as Bitcoin, NANO, Verge, Qtum, and BCH improved on their rankings.

A Chinese domestic project GXChain with TRON, EOS, Etherum, and Bitshares sits at the top in the basic technology category. It is necessary to know that this category involves cryptos with good technical output, function, performance, and safety.

On the terms of applicability cryptocurrencies such as Ethereum, NEO, TRON, and Ontology are on topmost.  The applicability category has to do with supporting practical applications, which includes wallet applications and development support.

Surprisingly (given that China hasn’t been a fan of BTC), in the creativity category, Bitcoin took the lead and other cryptocurrencies: Ethereum, EOS, Lisk, and TRON followed.

Litecoin which occupies the 5th position by market capitalization has a shallow grade when it comes to the category of basic technology, and it ranks 34th on CCID’s ranking. NEM (XEM) has the lowest overall rating on the ranking with just 14.8 points.

No doubt, the latest TRON rating on CCID has generated good vibes in the TRON community. At the time of writing Bitcoin is trading at $3846 with a market capitalization of $67.56 Billion. And, TRON currently stands at the 9th position with a market capitalization of $1.58 Billion.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Filed Under: Tron News Tagged With: China, TRON (TRX)

Dapps Get a Boost as TRON Virtual Machine Makes Use of WebAssembly

February 28, 2019 by Naveed Iqbal

TRON has enhanced Dapps on its platform as its virtual machine utilizes WebAssembly. TRON’s new step has driven lots of attention far and wide, due to the big advantage that WebAssembly has.

TRON has lots of Dapps developers on its platform today; no doubts, WebAssembly will increase the growth of TRON and also the creation of Dapps on its network.

About WebAssembly

WebAssembly (Wasm) is a Binary instruction tool for virtual machines. WebAssembly is designed for the collation of high-level programming languages such as Javascript, C/C++, thus, allowing its own distribution on websites for sever or client apps. Today, popular web-browsers such as Mozilla Firefox, Google Chrome, Safari, and Internet Explorer, are making use of Wasm.

Wasm will replace notable web programming languages like Javascript and C/C++ in the future; this is due to the fact that it is encoded in an efficient binary format. Also, Wasm makes use of normal hardware proficiencies seen on different sites.

WebAssembly is safe to use. Its memory-execution environment is used on existing Javascript virtual machines. Additionally, WebAssembly is very open and debuggable; due to the fact that it is in a printable word-based format for debugging and writing web-programs by hand.

The Importance of WebAssembly to TRON Virtual Machine

The blockchain created lots of decentralized applications today and it has showcased its use-cases in many ways.

Blockchain platforms such as Etherum, EOS, and TRON are committed to the creation of decentralized applications (Dapps) and they make this possible through their virtual machine. A virtual machine helps in the creation of Dapps and Smart Contracts. A Virtual Machine also executes Dapps and Smart Contracts flawlessly.

Today, the virtual machine on platforms such as Ethereum has not been able to attain its full heights due to the fact that Dapps developers have to work in a solidarity code so that the virtual machine can be able to understand the programing language used.

Hence, with the acquired WebAssembly on TRON network, Dapps developers can create Dapps in any programming language they choose to use, without any limitation.

With TRON adopting this new technology, the adoption of Dapps will increase in the future.

TRON Launches 3.5 Hard Fork Upgrade Today, on February 28th

In other news, as planned by the Sun-led blockchain, TRON underwent a hard fork on 28th of Feb, 2019 (today). In his typical (and cool) way, TRON’s CEO Justin Sun announced the upgrade on his official Twitter page.

Sun tweeted a few days ago:

“TRON will launch 3.5 hard fork upgrade on 2/28. New Features: 1. Multi-sig and act mng, institution ready 2. Dynamic energy adjustment to real-time network performance 3. 50% up performance & res usage 4. Better VM safety, events server for Dapps. GO! #TRX $TRX.”

And as we have seen so far, Sun didn’t fail this time either. The upgrade has been made successfully. The main aim of this hard fork – according to Justin Sun – is to add new features and enable better security on TRON network.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Filed Under: Tron News Tagged With: Decentralized Applications, TRON (TRX), Tron Virtual Machine

Voyager adopts XRP, here’s what it means

February 28, 2019 by Naveed Iqbal

Voyager

Voyager is a U.S.-based cryptocurrency exchange platform. It is still quite a young project (it’s been online since last October only) founded by Stephen Ehrlich, Philip Eytan and Oscar Salazer (who is famous as an Uber co-founder) and Gaspard de Dreuzy.

It’s an exciting platform (more on that later) but it’s still somewhat limited as it’s available only in a handful of states within the US (Wisconsin, Pennsylvania, Montana, Missouri, Massachusetts, Kentucky, Illinois, California, and Arizona) but it’s pursuing approval in all 50 states as well as overseas.

The platform includes a mobile app, but it’s available only for Apple mobile phones. That obviously leaves the Android market out of the equation.

We are excited to share that XRP is a supported asset!! Buying and selling crypto assets with USD has never been as easy as it is now. Download the Voyager app in the iOS app store and start commission free trading today. https://t.co/YpXPOJ7yNq #investvoyager #xrp $xrp @Ripple

— Voyager (@investvoyager) February 22, 2019

Another interesting feature in Voyager is that it allows you to buy cryptocurrencies using your own fiat money, by linking your card or bank account into your Voyager account which is not that common.

Most cryptocurrency exchanges in the web are crypto-to-crypto, which means that there’s not much point in joining them unless you already own some digital assets, but you can’t buy them with your local currency except for a handful of platforms.

So if you’re interested in getting a piece of the XRP action, Voyager could be precisely what you were waiting for. It’s commission-free as long as you use USD to pay for your tokens. And XRP is available at Voyager since last Wednesday.

Ripple’s XRP.

XRP is the cryptocurrency native to Ripple’s blockchain technology. It’s not meant to be a retail currency (like Bitcoin or Litecoin, etc.) but to be a means of exchange that can eliminate global transactions between banks, remittances services, and other traditional financial institutions. As such, it’s unique in the crypto verse because it’s backed up by a private company (Ripple).

Also because that company is trying to build up the coin’s value through real-life use cases and authentic demand instead of the speculative pressure that still drives the cryptocurrency market, and it’s succeeding if you take into account that XRP was the most profitable coin during 2017 (the one year in which almost every token was profitable) and it’s been growing in terms of market capitalization.

Starting to trade in XRP is quite easy if you choose Voyager. All you need to do is to download the app (Apple, only for now). Then you register, open your trader’s account and fund it. You can start with as few as USD 10.

As we write this, XRP is trading at $0.3153, and it’s ranked third by market capitalization. 41,365,634,610 XRP tokens are in currently in circulation with a billion more each month, according to the terms of Ripple’s monthly escrow contract (the company still owns most of the tokens).

So if you’re in the iPhone camp and are interested in joining the cryptosphere as an investor (not only in XRP, Voyager supports several other assets), it’s probably never been easier or cheaper. Just get the app and start doing your thing.

You can find further information at investvoyager.com if you’re a US resident. So welcome to Crypto and have happy hunting!

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Filed Under: Altcoin News Tagged With: xrp

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