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

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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.

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.

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

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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.

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.

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

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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.

Voyager adopts XRP, here’s what it means

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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.

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.

David Schwartz, CTO at Ripple, talks about the XRP ledger

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Ripple’s CTO

David Schwartz is among the most influential computer programmers in the crypto verse. He’s the chief technology officer for Ripple, which means that he’s the man charged to keep that technology going.

Very few people in the world know cryptography and blockchain technology with his degree of expertise, and the chances are that nobody else in the world understands Ripple’s technology and the XRP cryptocurrency better than he does.

He recently gave an interview about Ripple and crypto, and he has interesting things to say about what could be in the cards for Ripple this year.

Decentralization

He started by saying that, the biggest change he’s seen in XRP recently has been the increase in decentralization. This has always been a contentious point because, since this is a blockchain created and ran by a private company, many hardcore blockchain fans have accused it of not being truly decentralized.

According to Mr. Schwartz, the current Ripple network is more decentralized than Bitcoin or Ethereum (which are still considered to be something of a golden standard for almost everything in the crypto verse).

The number of validators operated by Ripple has gone significantly down which is one of the reasons why it’s more advanced in terms of true decentralization than many other projects.

Proof of work vs. consensus

He further explained that the main difference between the XRP ledger and Bitcoin or Ethereum is in the proof-of-work method they use. Ripple uses consensus instead. That makes Ripple’s network lighter and faster without sacrificing any of the reliability it must have to keep the blockchain working.

And the proof is in the pudding. Completing an operation in the XRP ledger takes about five seconds while Bitcoin can take as long as an hour.

On prospects for the rest of the year, Mr. Schwartz commented that he’d like to see more use of Ripple’s decentralized exchange, which has been one of XRP’s uses since its inception in 2012.

The conversation between Mr. Katz and the interviewer was very short but very clear and substantial. They are both obviously very optimistic about the way in which XRP and the Ripple network are performing, and they don’t seem to have any reason to believe that it will keep getting better as time goes by.

XRP is currently ranked as the third largest cryptocurrency by market capitalization, and it’s trading at $0.31887. It was the most profitable digital asset during 2017, which was a year that saw almost every single cryptocurrency reach very high prices.

Ripple has managed to create strategic partnerships with more than 200 banks, remittance services, and other financial institutions and they secure a new partner every week on average.

It’s one of the few digital assets that have a very clear use case (eliminating friction from international transfers), and even more rare, is that it’s achieved to create interest for cryptocurrencies in Wall Street and traditional financial institutions, which have been very skeptic (if not downright fearful) of all things crypto.

It’s always interesting to listen to Mr. Schwartz talking about the crypto verse in general and about Ripple in particular.

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.

Beware of Reyna’s swapped tokens

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The Reyna Project (or Reyna Limited) is an anonymity network which started running on Tron’s blockchain and issued three cryptocurrencies based on Tron known as REY, REC, and RET, It’s based on Valletta, Malta which is probably world’s most friendly country towards blockchain technology and cryptocurrencies. In the project’s own words, it’s a “comprehensive embracing of the broadcast web” in which privacy is guaranteed for all users, and censorship is impossible to enforce.

Reyna is on the move

Reyna is moving out of Tron. It will adopt Waves as its permanent platform and, as it has to happen whenever a blockchain project moves to a new home, those who own either REY, REC or RET tokens must have them swapped for coins compatible with the new platform. It has already left Tron as we write this.

The swap was announced by Anthony Kudaev (one of Reyna’s Limited founders) a couple of weeks ago in his Twitter account.

But things are not running so smoothly and it seems that something fishy is going on.

The Trontokens website has marked the three Reyna tokens as scams.

The organization is conducting further research as we write this but it reported in its website (trontokens.org) that “too much troubling things” are happening around the token Swap and the move.

It seems that swapped tokens are being sold instead of being burned, which should be the way to do things as you move the project to the new platform. The problem is that it’s illegal and nobody seems to know for sure what or why is going on.

The platform change is happening very quickly after the project’s decentralized exchange (based on Tron’s) went live, only three weeks ago (Feb. 4th). That very process wasn’t very smooth either as the technology had lots of bugs and glitches that had to be fixed before it could go live.

We ignore what’s happening with the swap. We do know that Mr. Kudaev has experience dowing cryptocurrency swaps because his project’s tokens migrated from TRC10 to TRC20 token technology only last December, on the day right after Christmas. He was also very enthusiastic about the Tron network and several of its decentralized applications (especially GOC).

The Reyna Project

The Reyna ecosystem includes several interesting apps in which privacy is the paramount value. ReynaChat is a chatting app which uses the project’s own encryption protocol to keep all the information private.

ReynaExchange is a wallet that supports any TRC20-based token and the Tron’s Foundation blockchain (or at least, it used to, but the details about the migration to Waves are still not very clear), The ReynaProtocol supports mutual and optional authentication, identity hiding, secrecy, encryption and other features in which cryptographic technology enhances the user’s privacy.

The project’s web-browsing apps are available for both Apple and Android mobile phones at the usual app stores.

We hope that the Reyna leadership will address the situation and let people in the cryptosphere know with all clarity what they’re doing and why. In a project that privileges anonymity and privacy above everything else, transparency is absolutely necessary, especially when it’s going through a milestone as important as migrating platforms.

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.

Tron funds PlayGame’s expansion, here’s what it means

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Tron is getting behind PlayGame which is one of the world’s fastest-growing direct-to-play platforms based on blockchain technology. Tron is a third generation blockchain project which aims to use its blockchain technology to decentralize the world wide web and create a new content system powered by cryptocurrencies instead of the current central authorities such as YouTube.

PlayGame

PlayGame was founded in June, last year. It aims to help game developers to surmount the obstacles inherent to piracy issues, opaqueness, inefficient distribution and payment calculations.

The platform includes the ability to develop and deploy smart contracts which allow game developers to monetize their work directly from enthusiasts by using digital currency.

And, as usual, the use of blockchain technology guarantees transparency for all the parties involved so that developers and gamers can trust a system in which every action is clean, quick and reliable.

Third generation blockchains (like Tron) have all kinds of use cases, and the gaming industry is among the most obvious ones. Even as you read this, the world’s most active decentralized applications are gaming apps with several thousand users daily and important cash flow.

And cryptonauts are avid gamers as well, so it’s a match made in heaven for both users and developers. Games are also attractive for cryptoverse newcomers because they’re fun to use and easy to learn, so they provide a good way for people to be introduced into blockchain technology without the need for a lot of technical expertise.

In this context, PlayGame’s entrance into the ecosystem shows how vital the gaming market is for the cryptoverse and leads the way for other new projects that combine both gaming with the blockchain.

The partnership

PlayGame has ambitious plans for growth, and Tron’s investment will facilitate that process. It will help the company to launch its Proof of Play and cryptocurrency payment gateway as well as to expand all over Asia and many other important markets that are crucial when it comes to introducing a new generation of users into blockchain-gaming.

The money will be useful, for sure, but it’s not about financial support only but also about building strategic partnerships with some of the industry’s main players.

TRON Arcade

Tron is going to spend $100 Million over the next three years (as the Tron Foundation announced recently) in support of the integration of gaming and cryptocurrencies. The fund will create the TRON Arcade to incentivize game developers to come up with new ideas and turn them into code.

Tron believes that gaming is a key ingredient for mass adoption. The developing community will have access to better resources. That means more dApps in the network which, in turn, means more new users.

Tron’s leadership keeps investing a lot of money in promoting the use of blockchain technology to decentralize the web, and it also keeps securing meaningful strategic partnerships which is one of the reasons for which the platform’s token (Tronix or TRX) keeps gaining value. It trades at $0.024176 as we write this, and it’s ranked ninth by market capitalization.

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.

BitGo supports Tronix coin, what does it mean to Tron?

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BitGo

BitGo is a different kind of cryptocurrency exchange platform. It’s one of the very few ones that are focused on providing cryptocurrency financial services to institutional customers instead of the retail investors that are still the majority of players in the cryptosphere. And it’s the world’s market leader in that category. BitGo alone processes 15% of all Bitcoin transactions in the world and.

It supports more than a hundred digital assets. Across all of those tokens, it has a flow of USD 15 billion monthly. The company is active in more than 50 countries all over the world, and it owns the first qualified custodian service for cryptocurrencies, called BitGo Trust.

Tron

Tron is a third-generation blockchain platform that’s been growing very quickly and successfully during a period of time that has seen most other blockchains and cryptocurrencies shrink or lose value. It’s already the largest decentralized application network in the world, and it’s not even two years old.

It was founded by Justin Sun, who already had something of a celebrity status in his natal China because he’s the man behind China’s most popular chatting mobile app. He is also known ad Jack Ma’s (Alibaba’s founder) close friend and protegé which doesn’t hurt his reputation either.

Tronix (TRX) at Bitgo

Last Tuesday, Tron announced that BitGo would support Tron’s TRX cryptocurrency later this year by providing a wallet and custody support.

“This partnership with BitGo will let institutional investors trade TRX with the confidence,” explained Mr. Sun, who is also the CEO of BitTorrent.” As TRON and its subsidiary BitTorrent work toward our vision of creating a new internet economy that is fast, secure, and cost-effective, we need to work with the companies that can provide that secure foundation. With BitGo, TRX investors will have the most secure wallet and custody options.”

BitGo’s chief technology officer, Ben Chan, also addressed the new partnership saying:

“Institutional investors want a wallet provider and custodian who can support a full range of digital assets so adding support for TRX later this year is an important step,” he remarked.

The BitGo official continued,

“BitGo is the only institutional digital asset company with a full product offering, from high-volume wallet platform to regulated custody services. Institutional investors are responsible for other people’s assets, and that requires the highest levels of security and regulatory compliance. BitGo will provide that for TRX.”

Institutional investors have been very skeptic about cryptocurrencies in general since Satoshi created them about a decade ago.

So this is an exciting development for Tron because BitGo’s support will open the doors for it to the institutional markets which could end up being the driving force behind crypto once some of the current fear they still have for digital assets fades away.

And Blockchain projects with solid fundamentals, such as Tron, can be the key to a successful marriage between the traditional and the digital economies.

The precise date for Tron’s inclusion at BitGo is still unknown, but it’s definitive that it will be this year. Inclusion in a platform of BitGo’s importance will surely increase Tron’s trading volumes and demand for the token. Both things, in turn, can only help the coin’s price.

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.

The Best TRON Wallets to Keep Your TRX Tokens Safe

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TRON is one of the best cryptocurrencies in the crypto-space today. It is a decentralized blockchain platform that has lots of Dapps deployed on it. The Sun-led blockchain is very popular as its token is widely used around the world today.

TRON was initially launched on Ethereum’s blockchain network; however, the TRON network took a step forward by migrating from ERC-20 into creating its own MainNet in June last year. Due to the fact that TRON has relocated to its very own MainNet, it’s necessary to have TRX wallets that are highly compatible with the present MainNet.

Where to keep your TRX safe is a major concern today, and in this article, we will take a detailed look at the best TRON wallets to save your TRX tokens. Some of these wallets are PC, mobile, or web-based, and you will know how to use them very securely.

The Best Tron Wallets

  • TRON Android Wallet

The TRON Foundation itself has promoted the TRON Android Wallet. This is because it has a multi-functional setup, with an attractive user interface along with a TRON cold wallet structure. These features make it easy for users to store their TRX tokens securely.

However, this wallet is specially made for Android phone users only. It is encrypted by a passkey which can only be retrieved through a 24-word recovery key. This wallet is trendy because of its beautiful features.

  • Atomic Wallet (Multi-Wallet)

Atomic is a popular and very secure non-custodial Tron multi-wallet that enables managing over 500 other crypto coins and tokens in the app. Users can buy, exchange, and manage their crypto holdings in a well-protected and smooth interface.

Your private keys get generated from mnemonic. When you end up going with Atomic wallet, your funds’ security comes down to your very own hands entirely. Atomic is available for macOS, Windows, Linux, iOS, and Android.

  • TRON Chrome Extension Wallet (Browser Extension)

One of the best wallets this year is the TRON Chrome Extension Wallet. This wallet is user-friendly, and it is the best TRON wallet for Chrome users. This wallet is web-based, and you can store and receive your TRX very easily without being hacked as transactions safely.

Your TRX tokens are highly secured, and as per reviews of TRON wallets, this secure option has been highly recommended by many experts for TRON holders.

  • TRON IOS Wallet

This is one of the added wallets on TRON network. It is another mobile-based wallet as the Android wallet but is specifically built for IOS phones. The Tron Foundation backs this mobile wallet (through the loan).

Additionally, this wallet is an open-source wallet that has the ability to secure private keys. It has a beautiful and easy to use interface. It is important to know that this TRON wallet is among the most used wallets on TRON network.

  • Ledger Nano S (Hardware Wallet)

Hardware wallets like Ledger Nano S have strong encryption and are really hard to hack into. The Ledger Nano S is one of the top crypto hardware wallets in the cryptocurrency-space today.

It is portable, and it has a USB port you can use to connect to your PC. You can use this hardware wallet to store not only TRX tokens but more than 500 cryptocurrencies.

Since it is a hardware wallet, you need to install the Tronscan desktop wallet from Github, to store your TRX tokens.

  • Exodus (Desktop Wallet)

The Exodus is also one of the most secured wallets today. It is notably known for its beautiful interface. You can store different cryptocurrencies – not only TRX alone. Also, you can exchange your tokens using the built-in ShapeShift integration.

  • TRON Paper Wallet

The TRON Paper Wallet is also considered to be one of the safest methods to save your TRX tokens – together with the TRON Chrome Extension Wallet, due to the fact that token transactions on these wallets are only achieved offline.

With a paper wallet, your public and private keys are printed on paper, making your passwords offline. When you follow the instructions for using a Paper Wallet, it will be next to impossible for your tokens to be stolen.

  • Guarda Wallet

Guarda wallet was created to provide users with a better experience in the cryptocurrency industry. The wallet supports over 45 chains and over 10,000 tokens. The wallet has reiterated its focus on a multi-platform approach and has web, desktop, Google Chrome and mobile devices versions available.

Guarda also offers the multi-signature facility, staking, and support for privacy-oriented coins such as Monero and ZCash.Using Guarda, people will have the first-hand experience with an in-built exchange service as well as a lowered exchange amount for some cryptocurrencies trading pairs. Guarda, which already supports Tron based tokens, also allows users to buy Tron coins using an inbuilt purchase service.

Final Words

So you have it! These secure options retain the place of the “Top TRON Wallets” centered on TRON news, user-friendliness, security concerns, and compatibility. As you can see, we have placed different options: from mobile wallets to a paper wallet. For people who want to get the most secure and easy choice, you can use either the Tron Paper Wallet or the TRON Chrome Extension Wallet.

And of course, it is vital for individuals to choose only from the wallets mentioned above as they have been verified by the TRON Foundation.

However, no matter the type of wallet you have decided to go for, it is critical to keep up with solid practices like safeguarding your passwords and private keys at all times.

Editor’s Note: The article was updated on September 12, 2019, to include Atomic wallet on readers’ requests.

Image courtesy  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.

The BitTorrent token, BTT use cases: More than just a reward

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The BitTorrent network has been as controversial and misunderstood as it’s been successful. Now it’s going to become a blockchain network (based on Tron) and that’s just making things more controversial, but it could also make it even more successful.

At the center of this shift from traditional P2P decentralization to the blockchain, decentralization is a new cryptocurrency called BTT and it’s based on Tron’s token technology.

BitTorrent

But we start at the beginning.

BitTorrent brought forward the idea of decentralization years before crypto ever existed. In 2001, to be precise. It began and still is, a 100% decentralized network for sharing files. At the time, there were several of those (eMule, eDonkey, Napster, and several others) but BitTorrent ended up being the sole survivor.

It’s still around and, in some regions of the world, it accounts for 70% of the internet traffic. It’s the world’s largest decentralized network even today, with more than a hundred million total users scattered all over the planet every month.

Tron

Tron is much more recent, it’s not even two years old yet. It’s a blockchain project founded by Justin Sun, that aims to decentralize the web as a whole using cryptographic technology (Tron’s own technology, preferably).

BitTorrent is already decentralized (if not by means of blockchains) and it hosts gargantuan amounts of content. Both projects are aligned in many ways so it wasn’t much of a surprise when the Tron Foundation bought BitTorrent a few months ago.

After that, Tron announced that it will merge Bitcoin into Tron through something called “Project Atlas”. That will see BitTorrent become a blockchain network, and, as every blockchain, it will include a token (BTT).

BTT

So what would be the point in yet another new cryptocurrency? It actually makes sense, keep on reading.

The first (and most obvious) use case for BTT will be to enhance the way in which BitTorrent works. It will incentivize users to keep sharing their content by longer periods of time by allowing them to earn some passive income.

So, if you seed your files for longer, the network will reward you with some digital money. But that just would be the beginning.

Imagine that, as BitTorrent becomes a blockchain, then you can deploy smart contracts, decentralized applications, and websites in a Tron’s subsidiary network. In that scenario, BTT would allow you to participate in those apps and contracts and even develop new ones if that’s your cup of tea.

But there’s another scenario that’s even more interesting. You could actually develop and deploy websites that would run on BitTorrent. You would have no servers, but the sites would be hosted by the decentralized network and not by Microsoft, Google, Youtube, Facebook, or any other of the usual suspects.

Then the new token would allow you to monetize your content directly from users, and for users to pay for the things they really want.

In that context, Tron’s vision of a decentralized web could get started in the next few months instead of the next few years.

The point is: while the first use case can be obvious, there are plenty more that will only become apparent as the network develops. And they could change the way we think about the internet.

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.