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Latest Tron report reveals facts on the use of BitTorrent by the company
As it is usual, the CEO of TRON, Justin Sun, made use of his Twitter account recently to share with the TRON’s community and the whole cryptography world, the latest updates in the company regarding developments, partnerships, and others.
Let’s recall this is, in fact, one of the features that have characterized TRON the most, the communication that the company holds with its community. Tron knows very well when, and how to make announcements to create a Hype (and value), and that is exactly what it has been proving during its whole existence, with continuous reports and announcements that have left us all wanting for more.
Concerning this, the latest announcement was published on September 10th on the Twitter account of Justin Sun, and amongst other topics, the report explains how the company will work with BitTorrent, Atlas, and many other technical aspects of the ledger. Let’s see all of the details of the report.
Tron’s (TRX) Weekly Report
In the report published on Twitter, Sun shares with the community all of the improvements, upgrades, and developments that TRON has had during the last months, and in order to make it clear, the developments are classified in 4 variables; technical developments, community activities, staff and allies, and transaction in the market.
#TRON Weekly Report 09.01–09.07 in #English #German #TRX $TRX pic.twitter.com/QxsNcOWtYl
— Justin Sun???? (@justinsuntron) September 10, 2018
In this sense, the report indicates the work deployed during last week in which the Tron Foundation improved its structure, and also, the enhancing of the Virtual Machine concerning its storage capacity. Besides, the documents of the Tron Mechanism were modified, this with the intention of building an order to feature the broadcasting of the blockchain.
As a matter of fact, TRON has been working tirelessly over the last days. The platform recently obtained an add-on because of the improvement of the test cases, and it also guaranteed a safer and easier network to deal with by adding a UPnP design to the system. Finally, multiple signature schemes were added to their wallet.
Tron Partnerships
Regarding partnerships, the company worked hard as well. For starters, we can mention the strategic alliance recently celebrated between TRON and the business website C&P, a connection that will facilitate TRON holders from all of the corners in the world, to buy merchandises by only using the TRX through the WeChat store.
Furthermore, the crypto exchange based in Singapore KuCoin announced that it would assist tron in the exchange of TRX token backed by the ERC-20 protocols. Additionally, the company managed to appear listed in 4 crucial exchanges such as Changehero, Abra, CoinExMarket and Exrates.
BitTorrent
The Chinese version of UTorrent web has been launched on September 3rd, a project in which TRON expects to receive an online storage business unit.
Let’s recall Justin Sun announced the project Atlas not so long ago, the selected plan to merge both the cryptocurrency TRX and the recent acquisition of BitTorrent. The primary goal of the project is to reward peer users who seed torrents, a mission that may see a 100 million users database to exchange value in a way never experienced before.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Photo by Elijah O’Donell on Unsplash
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