Tron Takes Over Blockchain App Store CoinPlay to Enhance TRX Ecosystem

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Tron Takes Over Blockchain App Store CoinPlay to Enhance TRX Ecosystem
Recently, TRON has partnered and acquired various leading firms in the blockchain arena in an attempt to create the best infrastructure for a practically decentralized Internet. Now the company takes over blockchain App store CoinPlay.
Tron Takes Over Blockchain App Store CoinPlay to Enhance TRX Ecosystem

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Source: CoinSpeaker

Tron Dives into Social Networking, Announces New BitTorrent Live Streaming Service

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Tron Dives into Social Networking, Announces New BitTorrent Live Streaming Service
New BitTorrent Live streaming service will let users create their live content and find other people with similar interests.
Tron Dives into Social Networking, Announces New BitTorrent Live Streaming Service

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Source: CoinSpeaker

Crypto Market Wrap: BNB and BitTorrent Token (BTT) Defying Sunday Correction

Crypto markets correcting this Sunday; Bitcoin Cash, SV and Crypto.com dumping, BNB, BitTorrent Token and Tezos still up.
Market Wrap
Crypto markets have started to pull back following their $6 billion pump yesterday. Sunday’s action has been somewhat slower as total market capitalization drops back below $140 billion and a selloff starts as day traders take profits.
Bitcoin could not hold yesterday’s high of $4,080 and has fallen back a little. BTC still remains above $4,000 but only just, this heavy resistance zone has proven very difficult to overcome. At the time of writing BTC is trading at $4,020 and volume has dropped below $10 billion indicating that the rally is running out of steam.
Ethereum has also fallen back below $140 after hitting a three week high of $145 yesterday. The 3.4% decline could accelerate losses back to the low $130 area where ETH traded for most of last week. XRP is also falling back but not as severely as Ethereum, closing the market cap gap up again.
The top ten is pretty much all in the red during the day’s Asian trading session. That is all except Binance Coin which is acting like a stablecoin again as traders drop their altcoins and convert back into BNB or USDT. BNB has currently bucked the trend and has made 4.5% today to reach $15.80 following lackluster performance yesterday. Bitcoin Cash is dropping the most after its huge pump yesterday as BCH falls 5% back to $150. The rest are dropping a couple of percent as the market corrects.
The top twenty is also showing losses across the board at the moment with Bitcoin SV the biggest loser with 5% shed. The rest are cooling off and dropping a percent or two.
FOMO: BitTorrent Token Testing Highs
There are no major pumps going on at the moment but the only altcoin in double digit gains is BTT which has climbed 12% on the day. The pump which started a couple of hours ago resulted in a volume jump of five times from $12 million to $64 million, most of which traded on Binance. The early access program has just been launched and more airdrops are approaching which could be driving momentum;

The Early Access Program is live! A randomized selection of our email list will receive an invitation to see the first build of BitTorrent Speed. Sign up with our email so you can be eligible for our next Early Access Test. $BTT #BTT https://t.co/6khNwfxYhR pic.twitter.com/oYQvky7TM8
— BitTorrent Inc. (@BitTorrent) March 16, 2019

Tezos is also one of the top one hundred’s top performers at the time of writing. XTZ pumped over 8% after the rally yesterday and has maintained most of those gains. The move has taken Tezos to a two month high of $0.50, the token has since pulled back marginally but is still riding high this year. ABBC Coin is also having another pump today with a similar move of 7%.
Massive profit taking is going on with Crypto.com’s CRO token as it dumps 25% today. Following a 500% pump in less than a week the inevitable has started and the dump begins, where it will stop remains to be seen. Aurora is also suffering today with over 8% lost.
Total market cap 24 hours. Coinmarketcap.com
Total crypto market capitalization has cooled off and dropped back below $140 billion, losing a couple of percent from Saturday’s rally. Volume is back to $30 million and markets could see further losses if day traders continue to sell off their altcoins.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Crypto Market Wrap: BNB and BitTorrent Token (BTT) Defying Sunday Correction appeared first on NewsBTC.
Source: New feedNewsBTC.com

TRON Users Spent $31 Million on DApps in a Day Whilst Justin Sun Breaks New Announcement

Amid the bearish crypto market, TRON users seem more optimistic. Reportedly, TRX users spent US$ 31 million on DApps which is twice in value spent on DApps built on other networks including EOS and ETH. Eventual to the records, CEO of TRON, Justin Sun revealed the upcoming plan of adding 2000 DApps in 2019.
TRON Users Spend Millions
The latest report from DApp.review disclosed that TRON DApps are ruling the DApp industry in contrast to the DApp from rival blockchain platform. However, yet another analysis made by TRON supporter revealed that the users and developers have spent as much as $31 million on DApps. Till date, TRON records a higher number of 2 million transactions.

#TRON DApp volume & transactions keep growing📈#TRX users spent $31 million USD on DApps yesterday, far more than double the amount spent on #EOS & #ETH DApps combined
The highest ever number of transactions on TRON DApps was also recorded, surpassing 2 million txs$TRX $BTT pic.twitter.com/fB6xQ43SW8
— Misha Lederman (@mishalederman) March 14, 2019

Indeed in March, TRON’s total transactions count more than $46M in comparison to $11M from Ethereum and $4 Mln from EOS. This reportedly continued to grow until March 13 and counted over $31 million against the rival firms ETH with $11 Mln and EOS with $ 2Mln. This comes in a wake of TRON network exceeding 2 million mainnet user accounts. Furthermore, TRON believes to have 2000 DApps on its network by year end which is reportedly 10X more than current DApps available.

#Tron is expected to have 2,000 DApps on its network by the end of 2019.
That’s about 10x more DApps than there are currently on the $TRX network.
Can’t stress this enough – #TRX DApps are in their INFANCY right now.
What will the things look like EOY? What about 2020? 🤔
— TRX Colony (@TronColony) March 14, 2019

Justin Sun – The future of Cryptocurrency is Promising
Furthermore, in the latest interview with CNBC, Justin Sun expressed the status of TRON, DApps, and BitTorrent. However, while speaking to CNBC, Sun confidently claimed that the future of cryptocurrency is promising’ and revealed that;
“I have a very optimistic point of view of the future of both Bitcoin and cryptocurrency since you can see the Lightning Network, and also Facebook and JP Morgan, is trying to issue a stable coin on the blockchain, so I think everything is very promising right now.”
During the discussion, Sun admired his own project and said, TRON network presently has 100 million monthly users across 138 countries. In his own words;
“We have over 100 million monthly active users in over 138 countries, which I think a lot of companies, like Facebook, will also bring a lot of people into the industry as well.”
 

#Bittorrent roadmap milestones make CNBC HEADLINES 🔥🔥🔥
🔍🗞@justinsuntron on CNBC speaking about #Bittorrent & $TRX
‘’Q2 we will be introducing 100 Million users to the $BTT network,one of the largest file transfer networks in the world’’ 🖥🌎💥 #btt #trx #tron pic.twitter.com/e27yF2BLbR
— «฿-cяуρт(𝓞)νєяℓσαd-฿» (@CRYPTOVERLOAD) March 13, 2019

What do you think of TRON DApps? Do you think it reaches the expected 2000 DApps before the year 2019 runs out?
The post TRON Users Spent $31 Million on DApps in a Day Whilst Justin Sun Breaks New Announcement appeared first on Coingape.
Source: CoinGape

Tron’s BitTorrent [BTT] sees major slump; falls by 5.64%

Tron’s BitTorrent [BTT] has been gaining popularity amongst the masses ever since its launch and the Chief Executive Officer of the Tron Foundation and BitTorrent, Justin Sun, has managed to keep up the hype surrounding the token, despite its falling price.
Source: TradingView
BTT, at press time, was valued at $0.0007 and reported a 24-hour trading volume of $39.83 million. However, the coin fell by 5.64% over the past day and has since been trying to recover. The coin was undergoing market correction at press time and was up by 1.06% over the past hour. Over the week, the token ranking 1,783 on CoinMarketCap list reported a fall of 1.20%.
The token was highly traded on Binance Exchange, one of the largest cryptocurrency exchanges in the world. BTT recorded a total trading volume of $10 million for the BTT/USDT trading pair and a volume of $8.6 million with the BTT/BTC pair on Binance. UPbit noted a trading volume of $9.5 million with the BTT/KRW pair.
BitTorrent recently concluded its second round of the BTT airdrop for TRX holders on various exchanges and wallets. Along with these airdrops, three new incentive programs have also been planned for BitTorrent and uTorrent users, partners, and ecosystems. These three incentives are User incentives, Partner incentives, and Ecosystem incentives.
Each of these programs is designed to increase the adoption of the newly-launched coin and benefit investors. Under user incentives, BitTorrent plans to educate its people about why it’s crucial to invite more investors and spur wider adoption. This incentive was driven by only a handful of the company’s 100 million monthly users holding Tron [TRX] or BitTorrent [BTT] tokens. The company plans on offering incentives to all clients using its protocol, while offering to be the largest open-source P2P download protocols in the world, under the Ecosystem incentive.
According to the Tron Weekly report, BitTorrent [BTT] has been listed on 35 exchanges and under the partner’s incentive, the company plans on adding multiple wallets and exchanges that will support the token.
The post Tron’s BitTorrent [BTT] sees major slump; falls by 5.64% appeared first on AMBCrypto.
Source: AMB Crypto

BitTorrent Price Analysis [BTT]: A Wedge Breakout Is Finally Confirmed

BitTorrent Price Analysis: The price of BTT/USD reached a high of $0.00105 on February 24th, before sharply breaking down. While it initially struggled to make a bottom, it finally made one at $0.00073. The price had been trading inside a descending wedge for the past 21 days, before breaking out on March 11. Currently, it has not yet reached the first resistance area near $0.0009. The breakout was done at a very significant volume.
Key Highlights:

There is major resistance near $0.0009 and $0.00102.
There is support near $0.00073.
The price just broke out of a descending wedge.
Indicators show overbought conditions.
The price is trading above the short and medium-term moving averages.

BitTorrent Price Analysis – BTT/USD – 2 Hours Chart
BitTorrent Price Analysis chart source: Tradingview, Binance
A look at the 2-hour chart shows us that the price reached a high of nearly $0.00105 on February 22 before sharply breaking down. Since the high, it has created numerous lower highs, generating a descending wedge in the process. Furthermore, it created a support area near $0.00073, validated more than three times, from where the breakout occurred. The wedge lasted for approximately 21 days.
Also Read – Bitcoin [BTC] Price Analysis: Price Might Have Started a Downtrend
As for the indicators, the price recently broke out of the 21 and 50-period moving averages and the Ichimoku Cloud. The 21 and 50-period MAs have made a bullish cross and are offering close resistance to price. The RSI was trading at 79, indicating overbought conditions, but returned to 51 shortly afterward. The MACD is at its highest levels in a month, but seems to be losing power and has almost made a bearish cross.
 BitTorrent Price Analysis– BTT/USD – 30 Minutes Chart
BitTorrent Price Analysis chart source: Tradingview, Binance
A look at the 30-minutes chart shows that the price tried unsuccessfully to break out of the previous resistance near $0.00083. However, the upward move was done at a very significant volume, indicating that future price increases could occur. However, the retracement has been swift, and the price has lost almost all of its gains. The price is not following a trading structure besides the resistance area near $0.00083.
As for the indicators, the MACD has made a bearish cross and is falling down. Furthermore, it has crossed into negative territory. The RSI is at 39, indicating neither oversold nor overbought conditions.
The post BitTorrent Price Analysis [BTT]: A Wedge Breakout Is Finally Confirmed appeared first on Coingape.
Source: CoinGape

Tron’s [TRX] BitTorrent completes BTT airdrop as date for next round is revealed

Tron [TRX] and its assets made waves in the world of cryptocurrencies with several updates and developments aimed at targeting the lack of interoperability in the ecosystem being announced on a routine basis. Tron’s newly acquired BitTorrent had previously announced that they were ready for the second airdrop with users set to receive 990,000,000 BTT.
Tron Foundation and BitTorrent have now revealed that the BTT airdrop was complete. Justin Sun, the Chief Executive Officer [CEO] and founder of Tron Foundation, tweeted,
“$BTT airdrop completed! It’s now processing through the exchanges & wallets, please be patient and thank you all for supporting it! Next one will be on April 11.”
Sun stated that the block height for the snapshot was 7,384,207, with all of the 990,000,000 being transferred in the airdrop. The BitTorrent airdrop was supported by several popular exchanges like Binance, Huobi, and OKEx. Previously, Sun had commented on the airdrop demo after there were rumors about the performance of the airdrop. He tweeted,
“Saw demo today. #BTT is running extremely smooth and fast which is powered by #TRON. Every Tx is instant and safe with decentralization guaranteed. I can’t imagine how much we will shake the industry once we deliver these to the entire 100 million active users.”
BitTorrent has been working to increase its adoption following its latest incentives program. The Tron-acquired company announced that its new incentive plans will be for BitTorrent and uTorrent users, partners and ecosystems. The original announcement read,
“To keep growing the #BitTorrent community and make #blockchain accessible to most people we are unveiling three new incentive plans available to our users, partners, and the clients using our protocol!”
Tron is having good week after it was reported that Tron’s market volume was more than the combined value of both Ethereum and EOS across two days. This was showcased by a report from DApp Review, which stated that Tron’s volume value of $43.616 million was far more than the $11.617 million and $4.408 million clocked by EOS and Ethereum respectively.
The post Tron’s [TRX] BitTorrent completes BTT airdrop as date for next round is revealed appeared first on AMBCrypto.
Source: AMB Crypto

Tron’s BitTorrent [BTT] ready for second airdrop; Tron [TRX] holders to receive 990,000,000 BTT

BitTorrent has been riding the bull market following the huge community support provided to its newly launched BitTorrent Token [BTT]. To celebrate the success of the token, BitTorrent had decided to carry out airdrops worth 11,880,000,000 BTT for 12 months to Tron [TRX] holders. BitTorrent announced the second round of the airdrop recently, which will reward Tron [TRX] holders with 990,000,000 BTT.
This news was revealed via a Tweet by BitTorrent,
“Are you ready for our second #airdrop? On March 11th at 00:00 UTC we will reward TRON $TRX holders with 990,000,000 $BTT. Learn more about our airdrop program, and the exchanges & wallets supporting it!”
BitTorrent also provided a list of wallets and exchanges where the airdrop will take place. The list includes prominent exchanges like Binance, OKEx, and Huobi and wallets like Trust Wallet and Tron Wallet.
The first airdrop on 11 February was followed by many fake exchanges asking users to exchange their TRX token with BTT tokens. Justin Sun, the CEO of Tron and BitTorrent, had warned the community that BitTorrent and Tron would never ask users to send any token in exchange for eventual airdrops.
Recently, BitTorrent also revealed three new incentive plans for BitTorrent and uTorrent users, partners and ecosystems. These programs were announced by BitTorrent to increase adoption of the token and included incentives for users, partners, and the clients using its protocol.
Under the user incentives, BitTorrent plans to educate its people about why it’s crucial to invite more investors and spur wider adoption. BitTorrent is also joining hands with wallets and exchanges supporting the BTT token for organizing regular airdrops and the program will allow their partners to receive BTT airdrops. Lastly, Ecosystem incentive will offer incentives to clients using its protocol, while promising to be the largest open-source P2P download protocol in the world.
The post Tron’s BitTorrent [BTT] ready for second airdrop; Tron [TRX] holders to receive 990,000,000 BTT appeared first on AMBCrypto.
Source: AMB Crypto

Tron’s BitTorrent [BTT] reveals its new incentives program to increase adoption

Tron’s Justin Sun announced his plan to bring 1 billion BitTorrent ecosystem users into the Tron and BTT world with increased partnership support. Sun also published three new incentive plans for BitTorrent and uTorrent users, partners, and ecosystems, on March 7.
BitTorrent announced the program stating,
“To keep growing the #BitTorrent community and make #blockchain accessible to most people we are unveiling three new incentive plans available to our users, partners, and the clients using our protocol!”
BitTorrent, a leading software company with the fastest torrent client in the world, wants its 1 billion users to adopt its newly launched BitTorrent Token [BTT] with the help of these three new incentive programs. The program will help in increasing the number of uses-cases of BTT and drive the development of the BTT ecosystem.
A Medium blog post by BitTorrent highlighted the three incentives programs, ie. BitTorrent User Incentives, Partner Incentives, and Ecosystem Incentives.
User Incentives
Under the user incentives, BitTorrent plans to educate its people about why it’s crucial to invite more investors and spur wider adoption. This is in light of only a handful of the company’s 100 million monthly users holding Tron [TRX] or BitTorrent [BTT] tokens.
Partner Incentives
BitTorrent is planning to join hands with wallets and exchanges supporting the BTT token for organizing regular airdrops. BTT received support from over 30 trading platforms, including Binance, Huobi, and Gate.io.
Ecosystem Incentives
The company plans on offering incentives to all clients using its protocol, while offering to be the largest open-source P2P download protocols in the world.
The new developments garnered a lot of support from the community, but the bear market converted many into skeptics. At press time, BTT was valued at $0.0007, while noting a 24-hour trading volume of $40.89 million. It reported a fall of 8.29% over the past week and fell by 0.02% over the past day.
The post Tron’s BitTorrent [BTT] reveals its new incentives program to increase adoption appeared first on AMBCrypto.
Source: AMB Crypto

Tron is Developing an Instant Social Tool That Will Combine With BitTorrent [BTT]: Justin Sun

Justin Sun is known as a crypto prodigy because of his understanding of the crypto environment and the products and tools users would need. While taking questions in Qian’an Telegram Community he made a similar announcement. While answering, Justin mentioned that TRON is developing a social media tool that combines BTT.
New tool to help content creators to connect with fans
Justin Sun recently participated in the Qian’an Telegram community interactive question and answer activity and answered the few questions raised by community users around BitTorrent and BTT. Amidst this Q&A session, Justin revealed that Wavefield Tron- The blockchain-based open source decentralized content entertainment protocol- is developing a social media tool that combines BTT. With this tool, content producers can not only earn content by distributing content themselves but also connect fans or followers for greater profitability. surpassed Ethereum in terms of DApp trading volume, user activity, and other indicators, and at the same time formed a catch-up trend for EOS
Over the past year, Wavefield has seen some tremendous growth and this tool is expected to help the growth rate to accelerate. It has been an outperformer and has grown into one of the “three major public chains” of Ethereum and EOS.
Speaking on the markets, Sun mentioned that
“the return of the bull market depends on whether the cryptocurrency can be used on a large scale and when it can be applied on a large scale.”
This statement clearly shows Justin’s bullishness on his Wavefield platform. Speaking about the importance of BTT, Justin Sun mentioned
“ First of all, BTT is not a one-time project. BitTorrent has a massive user base with nearly 100 million active users worldwide. In the 16 years from 2003 to the present, this number has not changed much, and it has not declined. As a P2P download software that dominates the market, it has proven to be more trustworthy than BTC. BTC was born 10 years ago, but BitTorrent has a history of 16 years. Under the influence of many reasons, BTT is widely favored by the industry, we don’t even need to go to the hype. Because of this, I am not worried about its popularity.”
While being bullish on BitTorrent, Justin mentioned that BitTorrent will never launch its own main network because he felt that it Torrent’s most prominent asset is its P2P network, and the advantage of the wave field is the blockchain technology. The two should learn from each other. But Sun did mention that TRON may consider the integration of the wave field network and the BitTorrent network
While Tron and Justin look confident of what they are doing, BitTorrent in itself looks a key driver that could take Tron coin to newer heights. The coin is getting fundamentally stronger and will definitely see a rise in times to come
Will Tron break into the Top 5 coins this year? Do let us know your views on the same.
The post Tron is Developing an Instant Social Tool That Will Combine With BitTorrent [BTT]: Justin Sun appeared first on Coingape.
Source: CoinGape

Tron [TRX] Weekly Report: March update marks successful launch of Odyssey 3.5; highlights upcoming technical developments

The cryptocurrency market is currently under a bear attack as most major coins are facing a tremendous fall. Tron [TRX], which had successfully gone up the CoinMarketCap list, is now back in the tenth position, even after the much-anticipated hardfork. Tron foundation published its weekly report for Tron and BitTorrent [BTT], marking a significant development in the token’s ecosystem.
Tron launched its Odyssey 3.5 update last week, which included important technical developments like the Multi-signature wallet. The report also elucidated on the structural developments that the team has developed worldwide.
The Tron team is still working on developing a means of anonymous transaction in the wallet while designing a cost model for deferred transactions. The report elaborated that the team is working towards designing a side-chain infrastructure for Smart Contracts.
Apart from the Odyssey 3.5 update, Tron also launched the TronGrid update and has successfully created a database schema and read/write API in order to test the integration with Block Parser. The report also stated that the wallet passed the Google Play review and the release of wallet v2.1.
Meanwhile, BitTorrent [BTT] is listed on 32 exchanges, including exchanges like Binance, OKEx, Bittrex international, and Huobi. The report addressed the Nanao ledger S BTT where the users can store BTT. Binance exchange, one of the most prominent cryptocurrency exchanges will be working with BitTorrent to celebrate its listing and launch a BTT spring promotion with 200 million BTT prizes.
TRX and BTT, at press time, are facing a fall of over 6% within the past day. TRX fell by a whopping 7.26% over the past day and noted a fall of 11.71% over the past week. The coin dipped by 0.82% over the past hour and was valued at $0.0213. The coin reported a market cap of $1.43 billion with a 24-hour trading volume of $154.72 million.
BTT, on the other hand, plunged by 6.62% over the past day and 13.68% over the past week. The coin was seeing a recovery of 0.14%  and was valued at $0.0007, at press time. The 24-hour trading volume of BTT was noted to be $31.20 million.
The post Tron [TRX] Weekly Report: March update marks successful launch of Odyssey 3.5; highlights upcoming technical developments appeared first on AMBCrypto.
Source: AMB Crypto

Tron’s Justin Sun announces another plan for BitTorrent and Tron users following hard fork

Tron [TRX] launched its much-awaited hard fork on 28 February and the Tron community has largely embraced it. The Chief Executive Officer and the Founder of the Tron foundation, Justin Sun, announced,
“We will announce a plan to bring 1 billion #BitTorrent ecosystem users into #TRON and #BTT world with more partnership support! $TRX #TRX $BTT.”
The Tron community has been open to developments in the space and the coin was noting a bullish adoption projection, but Justinas Kairys, blockchain developer and cybersecurity consultant questioned the move declared by Sun, saying,
“I am sure there is a mistake in calculation here. We only have 7 billion ppl on the planet. As a comparison, YouTube or Facebook has 1.6 – 1.8bln users. Netflix 135mln.”
Kairys was not the only one doubting the number announced by the founder and CEO. Crypto Guy, an investor, asked Sun,
“7 billion people on the planet and 3 billion arent fortunate enough to have clean water or sanitation. Youre telling me that 1/7th of the entire world population will join the ecosystem. We are at 2.3 cents still! Doesnt look like any bittorent users joined with their 100M users!”
However, BitTorrent’s website mentions that the platform has over 100 million users. At the time of press, TRX and BTT were falling. TRX was valued at $0.02283 with a market cap of $1.52 billion, while noting a 24-hour fall of 3.86%. The coin registered a dip of 8.98% over the past week. TRX was highly traded on BitMart, registering a trading volume of $33.55 million via the TRX/USDT trading pair.
BTT on the other hand, was valued at $0.0007 with a 24-hour trading volume of $28.69 million. The token noted a fall of 4.53% over the past day while plunging by a massive 20.06% over the past week. The coin’s highest trading volume was noted to be $9.83 million, via the BTT/USDT trading pair on Binance.
The post Tron’s Justin Sun announces another plan for BitTorrent and Tron users following hard fork appeared first on AMBCrypto.
Source: AMB Crypto

TRON’s Odyssey 3.5 Hard Fork Brings Interesting New Upgrades

CoinSpeaker

TRON’s Odyssey 3.5 Hard Fork Brings Interesting New Upgrades

The new Tron hard fork brings concrete improvements like 50% improved network performance, multi-sig features, better safety, and dynamic energy adjustment.

TRON’s Odyssey 3.5 Hard Fork Brings Interesting New Upgrades

Continue reading at Coinspeaker
Source: CoinSpeaker

Tron [TRX]’s Justin Sun: New hybrid method aims to achieve Tron and BitTorrent token [BTT] integration

Tron [TRX] and Justin Sun have ensured that cryptocurrencies and its mainstream usage become feasible in the near future. The ninth-placed cryptocurrency has come under the scanner multiple times due to the sheer number of announcements made by the Foundation, but that has not stopped the organization from marching on.
In the recent Ask Me Anything [AMA] session conducted by Tron, the Chief Executive Officer talked about the future plans of the organization as well as the roadmap for its latest acquisition and product, BitTorrent token [BTT]. One of the main concerns raised by members of the community has been about scalability and its resulting repercussions.
This was even called out by former BitTorrent CSO Simon Morris, who had stated that there was “no way” that Tron could handle the transaction per second level needed for the integration of BitTorrent and Tron. He said:
“It seems they’re going in the same direction [as our plan]. But what’s very clear is that they’re going to say, ‘they’re going in the same direction, come what may, because that’s what Tron does […] It’s basically a marketing machine layered on a very thin veneer of technology.”
During the latest AMA, Sun elucidated that the Foundation is planning to implement a hybrid solution with BitTorrent where not every single file fragment or transaction would be on-chain. In his words:
“Only when users want to move a BTT balance onto the blockchain, the main chain will enter the scene. During other times, file transfers are done off-chain. With this solution, TRON’s TPS can fully meet the requirements of BitTorrent.”
Reports also show that BTT’s use case will allow users of the token to exchange it for file availability, high download speeds, and bandwidth sharing. The Tron CEO then went on touch upon the future plans for BitTorrent and its ecosystem:
“We are currently working on a new live/social media app and looking for ways to integrate BTT on it! By doing that we aim to empower a new generation of content creators to distribute their content without a middleman and offer a very authentic channel for the fans to connect with their idols and the content creators with their audience.”
BitTorrent has also been praised by Ethereum co-founder Vitalik Buterin, although in a manner that slighted Sun. Buterin had tweeted:
“My praise for BitTorrent had nothing to do with Tron. This is like implying that because I like avocados, I approve of everyone who has ever bought an avocado.”
The post Tron [TRX]’s Justin Sun: New hybrid method aims to achieve Tron and BitTorrent token [BTT] integration appeared first on AMBCrypto.
Source: AMB Crypto

Vitalik Vs Justin: Vitalik Denied His Claim of Admiring TRON’s BitTorrent, Justin Sun Responded

So the online battle between Vitalik and Justin Sun began again. Etheruem’s co-founder ‘Vitalik Buterin fired on media’s headline that says ‘Vitalik talks about TRON’s BitTorrent’.
Vitalik Deny Claim of Admiring TRON’s BitTorrent
On Feb 25, 2019, when the most crypto enthusiasts were discussing XRP listing on Coinbase Pro, the creator of Ethereum, the second largest cryptocurrency, took twitter aggressively and clarified the alleged media claim. To note, the headline states ‘Vitalik’s positive sides for TRON’s BitTorrent and Sun’s reaction on it’.
However, according to Vitalik – the statement is not true. He says that he admired BitTorrent when it wasn’t the part of TRON, in particular, he discusses it during an interview happened in Aug 2017 henceforth his statement has nothing to do with TRON. According to Vitalik’s statement, TRON acquired Bittorrent in 2018. With an example of avocados, Vitalik aggressively said;

That interview was from Aug 2017. Tron acquired bittorrent in Jul 2018. My praise for bittorrent had nothing to do with Tron.
This is like implying that because I like avocados, I approve of everyone who has ever bought an avocado.
— Vitalik Non-giver of Ether (@VitalikButerin) February 26, 2019

Sun’s Sarcastic Response
Following the aggressive comment of Vitalik, Justin Sun sarcastically responded referring to the same example ‘avocados’. He adds;
We all love avocados. I acquired all avocado farms and reached to monopoly. Now if you still love avocados you have to listen to me. However, I am happy to give you free avocados for sure!
To make it clear, the discussion began when a Twitter user posted a video on Feb 23 on Twitter wherein Vitalik speaks about decentralized network ‘using BitTorrent as an example’. Given that the post is new and the caption made on the statement – Justin sun mockingly commented ‘why he is so obsessed’.

0:32 hahahaha why he is so obsessed with #BitTorrent? I don't understand. 🤪#TRON #TRX $TRX #BitTorrent #BTT $BTT @VitalikButerin @BitTorrent https://t.co/RxbG9fz6yJ
— Justin Sun (@justinsuntron) February 24, 2019

As for now and looking closer to the video, Vitalik admired BitTorrent without bias in 2017, given that TRON network acquired BitTorrent in 2018 respectively. So readers, what do you have to say on vitalik’s statement of elaborating the claim and Sun’s sarcastic response?
Is it the end of the battle? or is it the beginning of a new troll? share your opinion with us.
The post Vitalik Vs Justin: Vitalik Denied His Claim of Admiring TRON’s BitTorrent, Justin Sun Responded appeared first on Coingape.
Source: CoinGape