Tron founder Justin recently shared with the community that the company partnered with an ‘industry giant’. However, Sun did not reveal the name of the new partner of Tron, creating a buzz in the community. The tweet, posted by Sun on Friday, Oct. 12, gives little information, stating, “Finally, First time to partner with tens of billions USD valuation industry giant. Guess the name.” Soon the Twitter followers joined the guessing game with most of them proposing it is Alibaba. One of commenters explained, “TRON AND ALIBABA: Tron Team Assists As Alibaba ‘Working Group’ Is Planning A Crypto Exchange @AbacusJournal is seemingly confirming its a done deal in a couple of its tweets from the past hour. Says more info later.” It is to be noted Sun is a graduate of Alibaba founder Jack Ma’s Hupan university. Another follower commented, “Alibaba is worth more than 500 billion. Not tens of billions.” While, some had other opinion and suggested that it could be Baidu, Clover, and Disney. This comes soon after Sun informed the community that Tron Virtual Machine (TVM) has finally gone live on Tron’s mainnet. He took to Twitter and stated, “TVM is live now! Please enjoy it! One small step for #TRON, one giant leap for #blockchain industry!” Reportedly, TVM system would be allowing developers and users to interact with smart contracts in a cost-efficient, decentralized, and speedy ecosystem. Previously, one of the greatest news for the Tron community was acquiring BitTorrent. It was acquired this year July followed by which Sun announced Project Atlas which will try to integrate TRX within the platform’s user base, creating a hybrid content sharing ecosystem. As of press time, Tron [TRX] cryptocurrency is ranked 11th largest cryptocurrency by market cap and is trading at around $0.023, up 9.29 in 24 hours, according to coinmarketcap. See also: Tron [TRX] launches new tool suite to help developers integrate DApps to the ecosystem Tron aims to work together with Binance BCF to accelerate massive adoption of blockchain Image via Shutterstock Join our Telegram group
The Russian State Duma plans to review and adopt new cryptocurrency regulation in March.
MakerDAO’s MKR token has been in a bull run against ethereum since summer 2018, reaching an all-time high against eth in October, to then continue making new highs. The token…
The Dow Jones and the rest of the U.S. stock market are expected to initiate strong rallies in the upcoming weeks as the confidence of investors in the prospect of a comprehensive deal between the
Bitcoin Cash price is moving within consolidation mode but demonstrating inherent breakout characteristics. BCH/USD has formed a bullish pennant pattern, which is subject to the bulls capitalizing on for further moves to the north. BCH/USD: Recent Price Behavior The Bitcoin Cash price has been trading in consolidation mode for the last few sessions. This came […]
EOS Weekly, a “Crypto Twitter” account supporting the ongoing development of EOS, published a video earlier this week in which it expressed concerns regarding the relatively large size of data stored on the EOS blockchain. In response to various criticisms of the design of the EOS network, Tim Sweeney, the founder of the main company behind Fortnite, a popular online video game developed by Epic Games, remarked (via Twitter): “What’s wrong with 4 terabytes (TB) for a global transaction ledger? That fits on a $200 hard drive.”
The transport and logistics industry in Italy is trying to integrate its operations with blockchain technology. Boston Consulting Group (BCG) believes that in order to achieve this, it is very important for all actors in the industry to collaborate in the formation of the system that will bring confidence and mutual benefits on the entire value chain.
Kyle Samani of Multicoin Capital, this week shared an in-depth analysis and valuation of Binance Coin (BNB). In fact, the report was so detailed that A recent report on Binance Coin $BNB was detailed that Binance CEO Changpeng Zhao described it as “almost scary.”
It is safe to say that the crypto winter that the industry has been going through has been painful and taxing to anyone involved. The value of Bitcoin has remained at lower levels since the end of 2017, and the rest of the altcoins have followed along. Pantera Capital, which is an investment group that centers around cryptocurrency in the Bay Area, says that the fundamentals are still strong, even if the prices are low. The startup released its February letter to discuss what they believe the future of the industry holds. Chief executive Dan Morehead said that, in many ways, the industry’s “underlying fundamentals are much, much stronger than they were in the 2014-2015 crypto winter.” He said the comment was basically due to the “impending institutional wave of money” that most experts believe is coming. The launches of the new products and exchanges like Bakkt, the crypto division of Fidelity, and ErisX should be considered progress and a catalyst for change, even if the prices do not
CasperLabs is a new startup in the blockchain industry, aiming to help create a new proof-of-stake (PoS) blockchain. The protocol is heavily associated with Ethereum, and the startup will be getting support from Vlad Zamfir in their new creation. Zamfir is a researcher from the Ethereum Foundation, and his role with CasperLabs will be that of the lead consensus protocol architect. His announcement confirms earlier reports that he is tied in with this blockchain startup. Right now, the plan for CasperLabs is to support the majority of the research that Zamfir performs on PoS so that they can release a “fully decentralized, sharded and scalable next-generation blockchain.” Zamfir added, in a discussion with CoinDesk, that he will be responsible for “producing protocol specifications” that “support the [CasperLabs] team” to help them understand the technology employed. Zamfir will not be taking on the coding of the blockchain however, as his role is purely for research purposes. So far,
The process of generating a Bitcoin wallet address from a private key is not that difficult if you pay close attention to the aforementioned steps.
CoinDesk takes a ride in the first car ever purchased with bitcoin – a Prius paid for with 1,000 BTC.
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Has social media made us forget that words have power?
Solidius Labs, a crypto surveillance startup founded by engineers who previously worked for Goldman Sachs, has raised three million U.S dollars to expand its development of machine learning …