Tron Foundation’s Tweeter account hailed Coindcx recently as the platform will support five trading pairs based on Tron. Here’s the tweet:
“Thank @coindcx for listing #TRX. All #tronics can go trading on @coindcx by TRX/INR as well as other 4 trading pairs now. #TRON $TRX #niTROn2019 https://coindcx.com/trade/TRXINR “
Coindcs.com is a cryptocurrency trade and exchange platform based in India. Founded by a team of passionate crypto enthusiasts from that country, the platform aims to bring the Indian people closer to the upcoming economic revolution that blockchain technology and digital assets will bring about by building the subcontinent’s most advanced digital currency trading platform.
The platform’s team is very idealistic and enthusiastic, as is apparent from the way they talk about their project. They praise Bitcoin’s core values (the blockchain, decentralized ledgers, smart contracts) because they believe that this technology has the potential to change the world, making it more efficient and freer.
Make no mistake, the team is probably doing a pretty penny managing and developing their project, but this is a bunch of guys who are not trying to get rich. At least not only that. They want to change the world, and they see the blockchain and the ideal means to achieve that goal. Their motto is “Shaping the future with blockchain.”
They aim for transparency, security, and trust in their operations so that every client can concentrate on the essential things while they do the work that allows for that.
This high degree of optimism, idealism, and ambition is utterly in line with Justin Sun (Tron’s CEO and founder) and Tron as a project.
Tron is a third generation blockchain project which is not merely built around an alternative coin (which in this case is known as Tronix or TRX). Tron aims to use its blockchain to decentralize the whole world wide web. How’s that for ambition?
The idea behind decentralizing the web is to get rid of any central authority. Microsoft, Google, Facebook, Youtube (owned by Google), and a handful of other big corporations are responsible for publishing most of the content available on the web. That means that they write the rules.
It furthermore means that content creators cannot monetize their work directly from fans or consumers, but they need for, say, Youtube, to pay them for the ads which annoyingly interrupt every video you see there. And, of course, if you want YouTube to pay you for the publicity people see while watching your content, then you have to comply with YouTube’s rules.
Tron wants that to stop. In Tron’s decentralized web, content creators would get rewarded for their efforts with cryptocurrency (TRX) directly from their viewers without any corporation (not even the Tron Foundation) imposing any kind of rules, or mediating the payments process.
So it fits for Tron and Coindcx.com to join forces as they share something of a common spirit.
TRX is already available at the platform as we write this. The main trading pair will undoubtedly be the TRX/BTC one. But there’s a TRX/INR available as well as TRX/USDT, TRX/ETH, and TRX/XRP.
Image courtesy of PixaBay.