Tron News

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.

Google’s BigQuery added 11 new public data sets for blockchain networks, allowing users to obtain a variety of data from these networks.
Google Cloud adds 11 blockchains to data warehouse ‘BigQuery’
Tom Blackstone
The name HTX represents the exchange, the blockchain project Tron and the company’s 10th anniversary.
Huobi’s new name, HTX, raises community eyebrows
Helen Partz
Blockchain intelligence platform TRM Labs revealed that USDT on the Tron network is the primary choice for transactions among ISIS affiliates across Asia.
Evidence of crypto usage by ISIS is mounting — TRM Labs
Ciaran Lyons
Over 60% of USDT's supply is currently issued on the Tron blockchain, according to Tether data.
TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch
Zhiyuan Sun
Market Analysis
Bitcoin is about to close its worst-performing month since FTX collapsed, but a handful of altcoins posted noteworthy gains in May.
Bitcoin played second fiddle as KAVA, XRP, TRX, RPL and RNDR led the crypto market in May
Nivesh Rustgi
After reporting the vulnerability to Tron in February, the researchers highlighted that the issue was promptly addressed and resolved within a few days.
Security firm discovers $500M vulnerability in Tron multisig accounts
Ezra Reguerra
The summons was related to a civil lawsuit filed by the SEC against Justin Sun and others over allegedly offering and selling TRX tokens as unregistered crypto ...
US court issues summons to Tron's Justin Sun, threatens default judgment if no response
Turner Wright
Among the celebrities who settled with the Securities and Exchange Commission for their role in promoting TRX and BTT were actress Lindsay Lohan, YouTuber Jake ...
SEC files lawsuit against Tron’s Justin Sun and celebrities over crypto securities offering
Turner Wright

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