Polychain Capital and Chinese Bank Join Hands in the Nervos Network STO

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Polychain Capital and Chinese Bank Join Hands in the Nervos Network STO
Polychain Capital has so far said that it will partner with China Merchants Bank International (CMBI) to contribute $5.7 million to the STO Nervos Network scheduled to kick off on October 16.
Polychain Capital and Chinese Bank Join Hands in the Nervos Network STO

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Source: CoinSpeaker

Binance Chain Hardfork: Binance Announces Testnet Ugrade. Here’s why!

Binance chain testnet is expected to have a hardfork upgrade at block height 24,020,000. The fork is scheduled around 7:00am UTC on the 26th June 2019. The mainnet will also undergo an upgrade a few weeks from now as officially announced by the management.
What is Galileo?
This upgrade is called “Galileo”, named after Galileo Galilei, and all future upgrades will be named after the famous scientists in order to honor their memories and works.
The Hardfork Upgrade
A hardfork is an upgrade that is not compatible with the previous release because of the introduction of some breaking changes that come with the latest release… A hardfork in Binance Chain requires +⅔ validators to successfully upgrade to keep making blocks. If the existing full nodes in the network eventually get upgraded, they will be able to receive and execute further blocks normally after the hardfork block height.
At a specific block number, the changes made to the application logic are activated. After the activation of the upgrade, the blockchain will be able to handle new transaction types.
As A BNB Holder
Holders using any exchanges which are compatible with BNB (such as Binance.com, BitMax or Gate.io), will not need any further action unless stated otherwise.
As a Binance DEX user
According to the official announcement, Binance Dex users will have to follow a set of instructions outlined below:
Introduction of the definition of Maker and Taker:
Among all the orders to be allocated, between buy and sell sides, there will be at least one side that only has new incoming orders, while the other side has orders left from the previous blocks, or new incoming orders, or both. Here the side with leftover orders is called “Maker side”, while the leftover orders are called “Maker orders”.
The upgrade will feature an offline transaction. This will allow Binance client support to generate and signs transactions offline. Users will also generate and sign their transactions using an offline machine, and then broadcast it to the network using another machine.
The post Binance Chain Hardfork: Binance Announces Testnet Ugrade. Here’s why! appeared first on Coingape.
Source: CoinGape

Tron’s MainNet Hits New Block Height of 3 Million in Just 109 Days

While a lot of people are still trying to figure out the best crypto project for the future, Tron has given them a reason why it could be the best in years to come.  According to the recent announcement, that featured on Tron Foundation’s twitter handle, stated that Tron MainNet has reached a new block height of 3 million blocks
Tron scales new block height and that too quickly
The tweet put up by Tron foundation also mentioned that the Tron MainNet just took 109 days since its launch to achieve this feat

The block height has reached 3,000,000 in 109 days since #TRON mainnet launch. Go #TRON. #TRX $TRX pic.twitter.com/shw7pvZ7pW
— TRON Foundation (@Tronfoundation) October 11, 2018

Tron successfully launched its MainNet on May 31 and the process of migrating from the Ethereum network to its own blockchain began on June 21, 2018. The transition culminated on June 25th, 2018 — a date that Justin Sun, the founder of Tron, had dubbed as “Independence Day”. As the MainNet went live and the Genesis block propagated across the network, the crypto investor community started predicting Tron to be an “Ethereum killer”
While Tron has not disappointed the investors, what is astonishing about the project is that it has scaled new heights really quickly. The project currently sits on one of the largest communities in the crypto world and boasts to have over 100 million users.
Its been week after week Tron releases a new achievement, just making it better than its old and new competitors. Last week Tron CEO, Justin Sun had announced that the new update, Odyssey 3.1 will make it faster than Ethereum (ETH) and cheaper than EOS.
The official announcement by Sun on Twitter read:
“Based on community consensus, #TRON will be upgrading to Odyssey 3.1 at 8 pm SGT. The TRON Committee function & TVM will go live, marking the start of the Smart Contract Era. TRON will be 200x faster vs. ETH, 100x cheaper vs. EOS. dApp developers & users, this one is for you!”
In early September, Tron had indicated its growth as well when Justin Sun in the TVM launch event gave some fantastic stats. He mentioned that the total number of TRON accounts have reached 282,859, a 1431% increase compared to July 28, a 465,00% increase compared to June 25 when the TRON MainNet was launched. TRON’s total account number was also 11 times that of Ethereum (in a 2-month period post the MainNet launch) and has already reached the same level of EOS.
Tron, in August, had also acquired the famed torrent Blockchain.org. Its vision with the domain was to build a one-stop aggregated data, search engine platform. According to Tron, the platform will offer big data analysis, project evaluation, information search, and other services for users in the blockchain field. Justin also invited and encouraged others in the industry to participate and build a platform to help the growth of blockchain industry.
With Tron making progress in every department of its roadmap, there is no doubt that TRX would definitely be an enviable coin soon. With increasing use case we can expect the price also to escalate the way the project, as a whole, is.  
Will Tron price shoot up soon? Do let us know your views on the same.
The post Tron’s MainNet Hits New Block Height of 3 Million in Just 109 Days appeared first on Coingape.
Source: CoinGape

Tron [TRX] gains support from Exodus; ERC20 token swap continues on the platform

On 14th September, a cryptocurrency trading platform called Exodus announced the integration of Tron [TRX] on its latest version ‘1.60.0’.
Justin Sun, the CEO and Founder of Tron tweeted:
“#TRX has been integrated in @exodus_io, a desktop wallet featuring a built in exchange feature with over 1000 trading pairs. Download the latest release, version 1.60.0 from http://exodus.io/releases and you can send, receive, and exchange #TRX with over 40 other assets. #TRON $TRX”
Exodus is well known for evaluating the Mainnet coins and developing the required infrastructures to keep the coins running smoothly for its users. Exodus still supports the token swap for all the users with TRX ERC20 tokens on its platform. Also, the platform provides storing and swapping facilities for all the TRX holders without private key ownership on centralized exchanges.
A Twitterati named Powernator62 says:
“Price still low low low,most my money gone,explain justin please????”
A Tron Enthusiast says:
“the TRON train just dont stop.”
Apart from the integration of TRX, Exodus has also announced the addition of Tether [USDT] under its Ethereum assets section on the same day. The exchange also supports Mainnet swap for Vechain tokens and are working on the addition of EOS right now. However, the team has not fixed a timeline for this.
Tron [TRX] is currently at the 13th position according to market cap. The coin is trading at $0.019 with a market cap of $1.3 billion. The Tron Foundation recently announced the coin burn of the 5th batch of TRX ERC20 on 13th September. The coin had seen a significant surge of 9% in its price post the announcement by the team. It is being noticed that TRX had crossed the $0.20 mark yesterday. However, it has slightly moved to the bearish end and reached the current price.
TRX 1 day chart | Source: CoinMarketCap
Post the Mainnet launch which took place on 25th June, Tron has received support from various exchange platforms. At present, the coin is being traded the most on OKEx. Followed by BitForex, Binance, Huobi, Bithumb etc.
The post Tron [TRX] gains support from Exodus; ERC20 token swap continues on the platform appeared first on AMBCrypto.
Source: AMB Crypto