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Tron (TRX) makes another major stride as its accounts surpass 400K mark

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Tron TRX
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Tron is one of the biggest blockchain platforms in the market today. Through the dedication and hard work of Tron Foundation and its CEO, Justin Sun, it has become a renowned digital asset. Just a year ago, Tron was a conceptualized platform, but with lots of projects such as TVM, ‘Project Atlas,’ and Tronscan, it is set to take over the world.

Tron has achieved yet another success as its network has expanded. The fully decentralized-focused blockchain network account surpassed 400k mark just a couple of days ago, on 26th September 2018.

Before this announcement was made, it is important to note that Tron surpassed EOS network account and increased to more than 300,000 earlier on; now, Tron has even moved up and surpassed 400,000 mark. Following is a snapshot from Tronscan.org showing the number of accounts on the Tron network at the time of press.

Tron Accounts

Snapshot is taken from Tronscan.org official page.

Coming back to Tron leaving EOS behind, Justin Sun had earlier revealed that Tron would surpass EOS network which has about 333,970 network account, at the end of the third quarter of the year during the launch of Tron’s Virtual Machine (TVM). That’s already done now, as stated above.

Also, Tron has experienced an increase in its daily transactions. It is necessary to also note that at the beginning of this month, September, TRX daily transactions reached highs of more than 400,000. And now, as I write this, the last day transactions that Tronscan shows were 245124, which tells the network usage is multiplying.

Tron’s Virtual Machine got launched a couple of months ago, and during the launch, Sun said that Tron’s VM would be a lot faster and better than Ethereum’s. However, Sun’s statements have been actualized as considering the community’s reaction, Tron’s VM is 1000x quicker and compatible than Etheruem’s VM.

Sun also stated on his official Twitter page that Dapps developers should not build their Dapps on Ethereum’s network and that Tron has the capability and efficiency to give Dapps developers a better experience.

Tron’s Projects: Completed and Work in Progress

Tron’ network is growing with every day that passes, and this is due to its accomplishments. Just this year alone, Tron’s ICO was completed (within three days), its blockchain developed, 2000 TPS, ERC burned and now TRC, BitTorrent acquired, Blockchain.org acquired, MainNet launched, 27 Super Representatives elected, and TVM launched.

Sun recently released Tron’s weekly report to the world that covered all the completed projects and the ones still being worked on by Tron Foundation.

According to the report, there have been several signs of progress so far on Tron’s network which includes the addition of hardware information detection and datum test for nodes. In the last seven days, Tron has included a paging query function to its platform. For its wallet, an update with a completed account-system related to unit test has been done.

Several projects are still being worked on. Tron is also working to improve its TVM test cases. Also, a UPnP test has been done on its network alongside a complete multi-signature related unit test on its wallet.

At the time of writing, the price of TRX is $0.02264, after going up by 6.80% in the last 24 hours, with a market capitalization of $1,491,808,093. The blockchain occupies the market position NO.13, according to CoinMarketCap.

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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 Nghia Le on Unsplash

Altcoins

TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Positive Crypto Price Trend Moves VeChain (VET)

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VeChain
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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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