TronWeekly

Crypto World News

You are here: Home / Archives for Tron Station

Tron Station

TRON dApp Users Surge by 239% in the Last Month

by

According to recent charts tracking the dApp performance and their daily active users (DAU), TRON dApps have seen a massive increase in the number of users within the last month. On January 8th, TRON dApps had around 18,500 active users — a number which has skyrocketed to 62,724 as of February 8th.

Within a single month, TRON dApp DAU number surged by 239%, while Ethereum lost around 31% of its DAU or 4,275 users. Another big competitor in the dApp sector, EOS, has also seen growth in its DAU, although a much smaller one of only 14% (9,534 users).

Why did TRON’s DAU number grow?

TRON has been one of the most popular projects in 2018. However, it recently started attracting even more attention due to several events.

The first one is the launch of the BitTorrent token (BTT), which happened on January 28th, 2019. The token sale was held on Binance Launchpad, a platform dedicated to increasing exposure of promising projects. BTT is a part of TRON’s ecosystem, and the event has been very beneficial for TRX as well.

Another reason why TRON has seen more activity recently is also connected to BTT, and it includes a series of airdrops that will gift BTT to TRX holders. The airdrops are expected to happen on occasion throughout the next six years.

Furthermore, the largest cryptocurrency exchange in the world, Binance, decided to support TRON and BitTorrent, which brought additional attention to both projects, as well as to TRON’s entire ecosystem. So much so, in fact, that TRX managed to double its value within only 30 days, starting from December 17th, 2018. During this period, TRX price grew from $0.0127 to $0.025, with the coin’s current price being at $0.026498, according to TradingView.

Also, TRON’s dApps have been relatively popular in the crypto community ever since they appeared on its platform, most of which are gambling and gaming-oriented. As a result, the TRON ecosystem has become one of the fastest-growing ones in the crypto space, and the recent reports regarding its DAU numbers confirm it.

Image courtesy of Pixabay.

First BitTorrent (BTT) AirDrop Details

by

The first airdrop of BitTorrent (BTT) is scheduled for February 11th, 2019, and it will be distributed to TRON (TRX) holders by the BitTorrent Foundation. The airdrop will be executed after the TRON network reaches the height of 6.6 million blocks, and it will include 10,890,000,000 BTTs, or 1.1% of the token’s circulating supply.

The airdrop will be the first of many in a series which is expected to go until 2025.

How to qualify for the airdrop?

The airdrop is already supported by multiple cryptocurrency wallets and exchanges, and those who wish to participate need to fulfill two conditions. The first one includes holding an amount of TRX coins, and the second one is to ensure that the coins are stored in a wallet or on the crypto exchange that will support the airdrop.

Some of the wallets and exchanges supporting the airdrop include Binance, OKEx, Bithumb, Huobi, Huobi Wallet, Koinex, Cobo Wallet, WazirX, Coin Tiger, FCOIN, Bitple Wallet, Gate.io, Coinex, and others.

Details about BTT

BTT is a TRON-based TRC-10 token which was launched on Binance Launchpad on January 28th. The token was exposed to over 10 million Binance users, and the sale was over within 15 minutes.

The coin is to be used in the BitTorrent platform for making transactions and rewarding users for providing their own computing resources. The mentioned series of airdrops is expected to reward TRON holders with at least 10.1% of the BTT circulating supply in the following years.

The circumstances were also very beneficial for TRON (TRX) as well, as the coin started experiencing growth while most of the other cryptocurrencies have been experiencing drops in price due to the crypto winter. In a period of only 30 days, starting on December 17th, TRX price doubled, going from $0.127 to $0.025. At the time of writing, the price of TRX stands at $0.026058, after a 1.02% increase in the last 24 hours.

Image courtesy of Pixabay.

Tron launches another development tool, Tron-Station

by

The crypto market is struggling for quite long now, not a secret – eve Bitcoin, Ripple, and Tether, which are usually considered as the giants of the crypto-verse are trying to find their way back on. It is more than more than a year now since the market fell into the trap of barbaric bears and it’d be fair to say they are injured so badly now that when the next bull run comes everyone might undoubtedly take some time to reach back to their original potential.

But guess which cryptocurrency is the one who not just managed to tighten its grip on the ongoing repetitive devastating circumstances but has also taken phenomenal measures to make sure that it would recognize itself as the dominant while reaching the new unimaginable heights when the clouds of this violent bearings shatter and provide a real sense of the new morning after a really long night of horrors . Yeah, you guessed it right. We are talking about Tron.

We’ll get a look at those developments a bit later, first, we ought to talk about the new addition to the Tron’s armor. This Tuesday, the Tron Foundation announced that they have made another development kit for developers to ascertain the crypto’s energy, bandwidth and maximum energy limit to deploy a smart contract. The announcement was made using the foundation’s official Twitter account as follows:

What is Tron Station?

It is actually a web application and Javascript API Library for calculating energy and bandwidth consumption that is based on Tron network. With the help of it, developers can quickly review energy and bandwidth related information before making a transaction or deploying a smart contract through it.

Now calculating units, bandwidth, energy, and SR vote reward on the crypto Network has become quite easy by using Tron Station Web Application’s simple user interface.

The announcement brought overwhelming responses from the crypto enthusiasts, and they have appreciated the additional feature provided for the developers and investors to research before they invest their time and money in Tron.

Remember, it is not the only development tool kit provided by the foundation. A few months back, the foundation provided the first development tool kit comprised of TronBox, TronGrid, TronStudio, and TronWeb – to assist programmers in creating content, smart contracts, applications and all kinds of other superb things on the Tron Blockchain.

Now let’s talk a bit about those developments and landmarks it achieved during this long bearish period. Though the list is quite long, we start mentioning the launch of BitTorrent’s token BTT to streamline the process of peer-to-peer data sharing on BitTorrent platform.

Another cool stride of Tron has been the success in attracting many top application developers to use the network’s blockchain to develop their decentralized apps as well as convincing many to transfer their applications from other networks onto Tron.

Sun-led blockchain company also did a great job at developing the real-life use cases’ roadmap with BitTorrent, one of the famous data sharing platforms by forming a project dubbed as the Project Atlas, which will go a long way in realizing Tron’s vision of forming a decentralized web.

The accomplishments mentioned above are the ones that have gained recognition by many experts and are considered to be the key ones to take the crypto onto new heights when the next bullish trend comes.

Image courtesy of PixaBay.