"NFTs can aid in the documentation of the creator community through smart contracts," said Kushner.
Launched in June 2018, Tron is a blockchain-based smart contract platform for powering decentralized applications, or DApps, competing with similar platforms such as Ethereum, Tezos, Cardano and EOS. The blockchain is secured through a delegated proof-of-stake system that sacrifices some degree of decentralization for speed and efficiency. The network is powered by its native protocol token, TRX, which is used for payments, miner rewards and voting.
The project’s reveal proved controversial when it was discovered that the white paper had been largely plagiarized, directly copying material from high-profile works such as Ethereum, the InterPlanetary File System, distributed hash tables, etc. Founder Justin Sun has claimed this was the fault of volunteer translators.
The Tron long-term roadmap consists of six phases that consecutively roll out new initiatives to provide P2P file sharing (now supported by Tron’s acquisition of BitTorrent), content creation, crowdfunding and gaming.
While most of Tron’s network activity is currently driven by gaming and gambling DApps, Sun’s strategic acquisitions clearly slot themselves within the roadmap, perhaps with the intention of accelerating development and adoption without building from nothing.
Like blockchain is to finance, so are NFTs to artists. At least in theory.924
Analytics platform Nansen showed that one of the funds that capitalized on the UST depeg has started to transfer large amounts of USDD.13652
In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY?4177
Weak retail demand and bearish derivatives data reflect a dismal short-term outlook for the crypto market.14496
“Crypto mom” Hester Peirce has slammed the SEC’s $10-million settlement with Poloniex, challenging the opaque regulations that U.S.-based crypto firms must navigate.7710
Holding on to cryptocurrencies can be difficult at the best of times, but this trading platform is offering a solution that may make things easier.1555
Traders say the multi-year highs seen from many tokens prove that an altcoin season is at hand.42095
WINk’s low-cost yield farming offerings are attracting retail DeFi investors who have been priced out of Uniswap due to high Ethereum gas costs.95194
Blockchain gambling and gaming projects have seen their token prices triple as the COVID-19 lockdowns alter the nature of entertainment.19655
Critics say Ethereum’s soaring gas fees will cause the project to fall victim to its competitor blockchains but on-chain data suggests otherwise.56244
Curve Finance is up nearly 30% in 24 hours after traders rallied into the wrong market in response to news that PayPal may have acquired the crypto custodian, Curv.16606
The crypto-powered streaming platform DLive has come under fire after far-right extremists used the service to livestream this week’s violent insurrection at the U.S. Capitol.8827
Crypto is no stranger to weirdos, so here’s a few times the space got strange in 2020.5070
DeFi projects will form the foundation of the crypto economy in 2021 according to a report by DappRadar.11552