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.
For the global insights every crypto trader must have, apply for Elite membership!
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
Property Loans for Foreigners in Singapore That You Must Know About
Intending to invest in a residential or commercial property in Singapore?
When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.
In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.
HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE?
As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.
In this sense, Singapore has the Loan to Value Ratio (LTV).
The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:
CoinField Launches Sologenic Initial Exchange Offering
CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform. Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.
Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play. The desktop version is available for Windows and Mac.
“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited…
Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page
Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.
The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone,…