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.

Sponsored
An oracle system has launched on Binance Smart Chain — enhancing DApps by allowing smart contracts to access real-world data.
Boost for smart contracts as oracle system goes live on Binance Smart Chain
Connor Sephton
2021-05-06T17:26:00+01:00
17740
Market Update
Traders say the multi-year highs seen from many tokens prove that an altcoin season is at hand.
Altcoins notch triple-digit gains as Bitcoin price pushes toward $60K
Jordan Finneseth
2021-04-06T01:58:15+01:00
39576
Altcoin Watch
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.
WINk (WIN) soars as retail DeFi investors flee high Ethereum gas costs
Jordan Finneseth
2021-03-27T17:12:30+00:00
92077
Altcoin Watch
Blockchain gambling and gaming projects have seen their token prices triple as the COVID-19 lockdowns alter the nature of entertainment.
Gambling tokens hit the jackpot as COVID-19 lockdowns drag on
Jordan Finneseth
2021-03-23T18:40:00+00:00
18802
Market Analysis
Critics say Ethereum’s soaring gas fees will cause the project to fall victim to its competitor blockchains but on-chain data suggests otherwise.
What Ethereum killer? On-chain data shows competitor networks are still behind
Marcel Pechman
2021-03-06T21:00:00+00:00
55243
News
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, C...
DeFi token CRV spikes after reports PayPal acquired unrelated custody firm Curv
Samuel Haig
2021-03-03T02:49:34+00:00
15911
News
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 th...
Tron’s DLive platform under fire for live streaming US Capitol extremists
Samuel Haig
2021-01-08T02:38:48+00:00
8424
New Year Special
Crypto is no stranger to weirdos, so here’s a few times the space got strange in 2020.
Five times crypto got weird in 2020
Aaron Wood
2020-12-18T17:09:00+00:00
4779

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