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.

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
Nearly all major stablecoins lost their U.S. dollar pegs amid the FTX saga, but most have recovered again as markets stabilize.
Major stablecoins destabilized as market volatility and redemptions surge
Martin Young
The JST token in particular is trading for a premium of around 1,200%, while BTT and TRX have inflated at least 500% apiece.
Tron-based tokens sell at 1200% premium as FTX users scramble to withdraw
Brian Quarmby
Altcoin Watch
Wallets associated with Sam Bankman-Fried’s Alameda Research could be behind the dollar depeg, alleges Tron’s founder.
Tron’s stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
Yashu Gola
Altcoin Watch
MATIC’s recent rally and Polygon's partnerships are turning heads, and on-chain activity may hint at further growth.
Traders expect 200% upside from MATIC, but does Polygon network data support that?
Kyle White
Altcoin Watch
HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish.
Why is the price of Huobi Token up 12% today as rest of the market slumps?
Yashu Gola

Follow us on Facebook