The blockchain technology was created, in the beginning, to support Bitcoin. That was its purpose and reason for being. But that was just the first version, no second cryptocurrency (like Tron or any other) except Bitcoin was created at that time. Currently, we have third generation blockchains and, while most of them still support a digital asset of some kind, the idea is now different.
The blockchain 3.0, which is the version in use by most new projects, is a lot more than means to create a token. It’s a full-fledged OS that can also support all kinds of smart-contracts and decentralized apps. This is the idea espoused by projects such as EOS, Tron, Cardano, and many others.
That’s why Tron’s foundation announcement is so important. Just today they finally released their development kit for the Tron platform. It’s comprised of TronBox, TronGrid, TronStudio, and TronWeb. This is a set of developing tools designed to allow programmers to create content, decentralized applications, smart contracts and all kinds of other cool things using Tron blockchain.
Is Tron focused just on cryptocurrency?
Remember something: there is a cryptocurrency associated with Tron (which is called Tronix or TRX) but the project’s aim is not to develop the coin alone. Tron’s purpose is to use blockchain technology to decentralize the web in such a way that content creators will not need central authorities or corporations anymore to monetize the fruits of their labor. That’s what Tron is about and that’s what the new developer’s kit is supposed to achieve.
Tron is barely a year old, but through a combination of great leadership, ambition, and state-of-the-art blockchain technology, it’s become one of the most relevant and interesting projects in the cryptosphere. In the last few months, Tron managed to leave the Ethereum network behind to create its own Main Net. It’s also released its native virtual machine and announced several strategic partnerships.
New developer suite available: TronBox, TronGrid, TronStudio & TronWeb. Developers are now fully equipped to build the best Dapps on #TRON! We are also excited to announce that we officially enter the Smart Contract Era following #TVM main net new version https://t.co/fJXdb35JTy
— TRON Foundation (@Tronfoundation) October 9, 2018
Today’s announcement is just another step in the right direction for Tron to deliver on its promises. This is great news for developers because Tron’s technology can be developed using Java, which is among the most popular programming languages among computer engineers, as opposed to some other languages that are native and proprietary in some other platforms.
It means that if you want to develop new apps in, say, Ethereum, you need to learn a new programming language that no university teaches (and that is also not very well documented in the technical literature). The preference for Java opens Tron’s doors to any competent computer programmer in the world.
The new developing kit is an all-in-one tool. It’s free, it’s open source. It marks the start of smart contracts that can run on Tron’s Main Net. They will be 200 times faster than Ethereum, a hundred time cheaper than EOS. It brings the best of all worlds together in a way that very few other blockchain projects can (or have even tried).
TronWeb, as the name suggests, aims to connect web developers to the Tron network and to trade in TRX and other tokens. TronBox is a framework to develop and deploy smart contracts. TronStudio is an IDE that takes full advantage of Tron’s Virtual Machine and brings together the best features in all the other of the kit’s apps. TronGrid is inspired by Ethereum’s Infura and it allows the development and release of decentralized apps and smart contracts.
The main thing to keep in mind about today’s news is that Tron keeps delivering on its promises, always on time, and always up to (and beyond) the expected specifications. Congratulations to Justin Sun, the Tron Foundation and the community.
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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.
Image courtesy of Nicman/Pixabay
How Cryptocurrencies Will Change Online Gambling in the Future
Anyone who has followed online gambling since the beginning can tell you that things don’t stay the same for long. One of the reasons for this is that technology improves at such a ridiculously fast pace, and innovators in this industry are able to match up with those technological changes pretty quickly.
An innovation in technology that the Internet gambling industry has really learned from is cryptocurrency, with bitcoin in particular leading the way. We’ve seen it emerge as an alternative banking method, but it’s going to change the industry as a whole in ways that people can’t quite understand yet.
A Post-Legality Era
Something that has eluded online gambling since its inception is the idea of a global governing body. As it stands right now, each individual country (and smaller units of jurisdiction) have their own governing bodies that oversee in the industry. A lot of these laws are tied to banking laws, and that’s where the legality of playing in bitcoin casinos becomes such an interesting topic.
In the present, we’re seeing country-based regulatory bodies from places like Malta, Gibraltar and the United Kingdom start to work together and recognize each other’s licenses more and more. That’s taking serious steps towards having a global governing entity, and once that happens, the role of bitcoin is going to be even larger than it is now because it’ll…
VOLUM (VLM) Announces Commencement of Token Generation Event
ESTONIA, May 4, 2019 – VOLUM (the “Company”), a multi-dimensional blockchain technology holding company, is thrilled to announce the commencement of the Volum (VLM) Token Generation Event (“TGE”) beginning on Saturday, May 4. The VLM utility token is the native cryptocurrency powering the VOLUM supply chain and logistics management platform.
Driven by algorithmically intelligent software tailored to logistics and supply chain management, along with Internet-of-Things (“IoT”) integrated functionality, and a backbone of hybrid public and consortium blockchain architecture, the platform is organized around the Volum (VLM) token. The VOLUM TGE will be managed by deploying ERC20 tokens on Ethereum Mainnet to maximize future access to cryptocurrency exchanges.
The VOLUM platform operates as a comprehensive control center for supply chain and logistics management operations. Companies who use this platform will be able to carry out a wide range of blockchain transactions including: Payments, Rewards, Purchase Orders, Legal Contracts, Regulatory Compliance, Taxation, Shipment Management, Letters of Origin, Customs Documents, Inputs/Outputs and Inventory Ordering, Delivery/Parcel Tracking, IoT Monitoring and Reporting, Big Data Analytics, and Inputs and End-Product Tracking/Traceability.
“The total addressable market for a blockchain-based supply chain solution is nearly $54 trillion globally, with the majority of the world’s workers playing some part of this equation” noted Arnaldo A. Detrés, CEO of Bengala Technologies, LLC, the principle blockchain developer working to build the VOLUM platform. “However, blockchain solutions have been unable to…
How to Secure Yourself in Relation to Bitcoin: Top VPN Services
Nowadays, more frequently people opt to use cryptocurrency such as Bitcoin while dealing with financial transactions for its convenience, so its increasing prevalence isn’t round-of-the-mill phenomenon but still, its users need to create fully protected cooltechzone to secure their data.
Recently, a great abundance of VPNs have started to accept it as a way of payment and it definitely makes sense: one buys VPN to retain anonymity on the Web, so why not to use the privacy-focused payment method? Paying for a VPN service with Bitcoins or any other cryptocurrency secures personal data from curious eyes leaving no traces.
What is a VPN?
Virtual Private Network (VPN) is generally presented by the group of linked to each other computers via the Internet. VPN boosts protection and provides a high level of anonymity to all types of Internet connections.
While the connection to the ordinary Wi-Fi networks, a user usually gets access to the Internet directly, thus he becomes vulnerable to the hackers and the malware attempting to steal his personal data. On the other hand, applying VPN one transmits and gets data in encrypted form which makes it protected.
Generally, isn’t hard to trace an Ip-address of any user and to identify his location with sufficient accuracy. With the help of VPN, the attacker will only get the address of the removed computer. Undoubtedly, the safeguard…
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