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

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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

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A matter of time before TRON (TRX) achieves mass adoption

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Tron (TRX) has all its eyes on decentralizing the internet, or rather content-sharing to ensure that creatives, artists, musicians, and authors can all release their content without the need of middle companies. As it seems, Tron’s founder hopes that the coin will challenge the globe’s major content providers like Facebook and YouTube.

The coin has undoubtedly made progress since its launch from a coin offering on the Ethereum ledger platform to now a native coin present on the official Tron Mainnet. If you think launching the independent MainNet is all Tron wanted to achieve, you are mistaken.

The aim is towards mass adoption as well as creating a decentralized web. Yeah, it is a  fact that in the past weeks TRX has experienced price declines, but currently, the cryptocurrency is riding 5.37% hike against the USD in the last 24 hours (remember most of the other top coins including Bitcoin are in red).

It’s also continued succeeding in attaining quality listings such as the Bittrex (to name one of the most recent ones). Therefore, it seems as every step TRON makes is a sign of progress to make the decentralized web a reality.

How TRON (TRX) is Making Mass Adoption a Reality

The primary objective for TRON (TRX) is to create a decentralized web which will be a representation of the internet’s next generation. Therefore, in making that a reality, the largest file-sharing platform, BitTorrent that has over 100M global…

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Cardano (ADA) research manager meets with Brazil representatives

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Cardano is one of the top crypto assets in the market today. With its visionary team, it has become robust in creating projects that not only benefit its blockchain but the world.

Its CEO, Charles Hoskinson, also the founder of IOHK, has also been focused on making sure Cardano’s utility spreads across countries. It is important to know that IOHK, the team that has developed Cardano’s blockchain was created in 2015.

IOHK is a reputable digital company that is poised in making use of peer-to-peer innovations to provide financial services to more than 3 billion people that don’t really have access to them.

As part of the plans by the Cardano’s team to provide great innovations for providing financial services to people worldwide, and empower countries across the world, Cardano’s research manager, Mario Larangiera, met with Mario Borges, the President of the Brazilian National Council for Scientific and Technological Development (CNPq) in the Brazilian Embassy in Tokyo, in Japan, to talk about the future of Brazil.

Mario Larangiera tweeted on his Twitter page:

Meeting with Mario Borges the president of the Brazilian National Council for Scientific and Technological Development (CNDq) in the Brazilian Embassy in Tokyo. In Japan but thinking about the future of Brazil.”

Moving forward, it is important to note that Cardano is poised in making great systems for financial services of the world, and it is taking a wise approach with its collaborations.…

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Hyperion-Stellar Partnership Finalized — Support For Stellar’s Crypto Assets Trade About To Arrive

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Hyperion and Stellar: A new partnership

According to a recent announcement by Global Blockchain Technologies Corp., it would seem that the known crypto exchange Hyperion has finally made an agreement with Stellar (XLM). The new partnership is to allow Stellar’s own crypto assets to be traded on Hyperion’s platform. This move is expected to significantly impact Stellar’s price and spread awareness of the coin and its goal even further.

Hyperion uses an alternative trading system (ATS), which was licensed by the SEC. As a part of this arrangement, previously attained via investment in DBOT (Delaware Board of Trade), Hyperion has permission to also operate as a broker-dealer. It is also expected to become North America’s first advanced security token exchange.

As many are already aware of, Stellar is a trading protocol that is used for issuing, exchanging, and transferring digital assets. It works with several other cryptocurrencies, but also with fiat currencies like the USD. Additionally, Stellar also works even with some commodity assets, like gold.

Stellar’s goal is similar to that of Ripple, at least when it comes to enabling faster and better cross-border transactions. While Ripple focuses on providing its services to banks and financial institutions, Stellar aims to provide these services to individual investors. Thanks to this, Stellar has received a lot of attention and praise from individual investors, as the general interest in cryptocurrencies grew.

Why is this partnership important?

By joining Hyperion’s…

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