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Ethereum (ETH), EOS, and Tron (TRX) Users Will Be Able to Interact With Each Other Thanks to Loom Network

Deciding which blockchain will be most suitable for a Dapp
is the most critical choices of any developer; however, the Loom Network team
seems to have achieved the dream of interoperability that kept many developers
and enthusiasts fantasizing on social networks (and working hard to make it
happen).

In an announcement published on its official blog, the Loom Network team explains that thanks to the development of PlasmaChain, dAPPS running on Tron and EOS will be able to communicate smoothly with each other, and interact with Ethereum (the blockchain on which PlasmaChain runs).

Over the coming weeks, Loom Network will be releasing integrations for Tron and EOS into PlasmaChain – effectively allowing DApp developers to offer their DApps to users on all three chains simultaneously.

Loom’s team says they took a blockchain-agnostic approach, to develop a product that would be useful for as many users as possible, but they are aware that such a decision “is bound to ruffle a few feathers.”

Loom Network developed PlasmaChain as a “universal layer 2” that will make it possible to share data among TRX, EOS and ETH users. Image Courtesy: Loom

Although Ethereum is the second most important blockchain in the ecosystem, the growth of other DApp-oriented blockchains is undeniable. Coming up with a solution that allows developers to expose their product to users of “rival” blockchains without having to do any kind of reprogramming is a wise decision, both economically and technologically .

Bottom line is, DApp developers want the maximum number of users possible using their DApps and spending money on their services- and they’re going to gravitate toward whichever platform offers that.

The Loom Network team explains that PlasmaChain
generates a kind of common ground in which, from a user’s perspective, it is
irrelevant to decide which blockchain to use, since anybody can access the DApp
and pay with any token (ETH, EOS, TRX, or any ERC20 token). According to the
developers, PlasmaChain is a kind of “universal layer 2”.

In other words, Ethereum, EOS, and Tron users will be able
to interact as seamlessly with PlasmaChain DApps as if they were native
DApps on each of those platforms.

Loom network allows users to “make a purchase transaction on Layer 1 Ethereum, and receive the purchased game item (or other digital asset) on Layer 2. This operation takes less than 3 seconds and does not have additional costs associated.

The Loom team has not announced an official release date,
however, according to their statements, PlasmaChain should already be in a phase
of final development.

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Vitalik Buterin: High Ethereum (ETH) Prices are Good For Development

Ethereum ETH price Vitalik Buterin

Vitalik Buterin, co-founder for Ethereum, has an interesting view on the price development of ETH.

While current investors would be happy to see the price of Ethereum return to its all time high of $1432 in the early days of Jan. 2018, Buterin believes that a high ETH price is healthy for both network security and ecosystem development.

Buterin made his comments in a crypto-focused interview held by Laura Shin at the Columbia Graduate School of Journalism on Mar. 20, which was live-streamed for outside viewers. Shin asked the ETH co-founder whether project leads and designers–such as Buterin–should be focused on the price of cryptocurrency, particularly in light of the high volatility and the current “crypto winter” market conditions.

In response, Buterin pointed to what he called “earlier rhetoric” for ETH which downplayed the importance of cryptocurrency valuation in light of industry growth in development. In particular, Buterin explained that efforts to downplay price talk were both a way to distinguish ETH from other crypto pump and dump schemes, while also keeping the currency from treading in murky legal territory.

Buterin told Shin,

“In part, it was counter-signaling to distinguish ourselves [Ethereum] from other crypto projects that do pumping and lambo-ing way too much. But it was also about minimizing legal risk by basically trying to make the project seem more distant from something that would be covered by financial regulation.”

Since the release of Ethereum in July 2015, Buterin reports that the landscape of cryptocurrency has shifted dramatically. As opposed to earlier perceptions and conversations surrounding crypto, which hinged upon illicit use and other miscreant behaviors, regulators in today’s context are much more open to digital assets and blockchain projects. However, these regulators are unlikely to ignore coin projects just because developers claim they have no interest in the market price, with Buterin explaining,

“Even if people try to claim the price doesn’t matter at all, they are totally going to see through that.”

The cryptocurrency co-founder went on to share his view of ETH’s price, and how increased valuation would benefit the project as a whole instead of just pumping investor wallets,

“I can tell you what things are clearly important about why the price being higher rather than lower is good. One of them is obviously security. If the price is zero, then the network can’t be secure. That’s true in proof-of-work and proof-of-stake.”

Finally, Buterin outlined the value of incentives in cryptocurrency adoption and development, specifically claiming that coin developers and community members are better positioned both in terms of resources and rewards if the currency’s price can continue to grow higher.

The interview concluded with the audience being poised the question “Are Ethereum developers focused enough on the price of Ethereum?,” to which 21 percent reported “yes” with the largest pool of respondents at 38 percent responding “don’t care.”

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Ethereum (ETH) Co-Founder Predicts Blockchain Will Dominate Economy in 10 Years

Ethereum co-founder Joseph Lubin made the prediction that blockchain will be a primary catalyst for the growth of the global economy over the next 10 to 20 years.

Speaking in a keynote at the SXSW conference in Austin on Mar. 14., Lubin claimed that he expected the global economy to grow ten times larger over the next decade or two, and fully expected blockchain to be involved in the majority of enterprise and market growth.

Lubin explained his prediction by comparing the current of blockchain and cryptocurrency to that of the internet and email in the years before it became a mainstream sensation. Speaking on the issue of mainstream adoption and the room left for blockchain to grow, Lubin said

“There weren’t a lot of ‘normal’ people firing email around in 1983.”

Ethereum’s co-founder also took the opportunity to address the advantages he sees in the development of Ethereum 2.0 over cryptocurrency market leader Bitcoin. In particular, Lubin explained that the Ethereum development team is specifically targeting the inefficiencies of Bitcoin as areas of advantage for Ethereum 2.0, presenting what he believes will be a cryptocurrency capable of overcoming the current industry hurdles,

“In Bitcoin and currently in Ethereum, you need to have specialized hardware, burn lots of electricity, waste lots of computation, to basically keep everybody in sync. [With Ethereum 2.0, in 18 months] we’ll have a blockchain system much more powerful and scalable that uses orders of magnitude less energy.”

While Ethereum is still a year and a half away from launching its anticipated major update, one that will witness a monumental switch from a Proof of Work system to Proof of Stake, the developer is already looking to how Ethereum can revolutionize the industry and improve upon its current framework.

Lubin made headlines earlier in the week for similar comments related to the benefits of blockchain, when he claimed that the decentralized technology could be of substantial benefit to content creators. Lubin singled out artists as a subgroup that would “benefit quite dramatically” from the adoption of blockchain, allowing them greater control over the distribution of their content while dictating the parameters of its consumption.

During that talk, Lubin went on to state that blockchain removed the need for middlemen in content creation and distribution, a factor that would greatly benefit the bottom line for musicians and other creative performers,

“I think artists in the music industry on average capture about 11 or 12 percent of the value in the industry and those big record companies are sucking up 70 or so percent. We can replace those record companies with smart contracts on the Ethereum platform.”

Cryptocurrency, as a whole, has seen positive price traction in 2019 after an abysmal year for coin prices in 2018. While there have been periods of price oscillation, Bitcoin reached its lowest 30-day price volatility earlier in the week since November 2018. In addition, the majority of top cryptos have experienced double digit price gains since the start of the year, with altcoins leading the market. Ethereum has managed a nice rebound in price after falling in valuation with the rest of the industry from it’s all time high established in early 2018. 

Last week, analytic firm Electric Capital reported that Ethereum had the most robust monthly developer contribution, generating twice that of second-place Bitcoin.

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Ethereum (ETH) Is Not a Security, SEC Chairman Hints on Official Response to Congressman

Securities and Exchange Commission Chairman Jay Clayton confirmed an existing analysis stating that Ethereum and other tokens of similar characteristics did not fall within the securities category under SEC standards.

Comm. Jay Clayton

Mr. Clayton issued that statement in an official response to US House Rep. Ted Budd, who requested a formal pronouncement from the commission asking to clarify certain positions regarding cryptocurrencies. One clarification he asked for was to corroborate whether the opinions expressed by William Hinman, SEC Director of the Division of Corporate Finance, were representational or personal in nature.

As previously reported by Ethereum World News, Mr. Hinman was invited to the All Markets Summit organized by Yahoo Finance on Thursday, 14 June 2018 as a member of the SEC, and during that event explained that because of its characteristics, ETH (the native cryptocurrency of the Ethereum network) was not considered a security:

“When we think about how ether today is operating, at least, we see a highly decentralized” network, not the type of centralized actor that characterizes securities offerings. In its current state, we don’t see value regulating it.”

However, despite the positive effect this opinion had on the markets, the non-formal nature of this event raised doubts in the community. This motivated Mr. Ted Budd and a group of congressmen to ask the SEC for greater clarity regarding cryptocurrencies, ICOs and the like:

Ethereum and Other Projects Don’t Pass The “Howey Test” 

Mr. Clayton’s official communication on behalf of the SEC points out that while each cryptocurrency, token or ICO must be evaluated individually, the general criteria allow the civil society to have an approximate understanding of whether a token is a security by applying the Howey Test.

“We also apply tests developed through case law, including the well-established “investment contract”* test articulated by the Supreme Court in SEC v. Howey and its progeny, including United Housing Found, Inc. v. Forman. As those cases explain, the “touchstone” of an investment contract “is the presence of an investment in a common venture premised on a reasonable expectation of profits to be derived from the entrepreneurial or managerial efforts of others.” The determination of whether a digital asset is an “investment contract” depends on the application of Howey and its progeny to the particular facts and circumstances of the digital asset transaction.”

Broadly, according to the Howey Test, a transaction is an investment contract if:

  1. It is an investment of money
  2. There is an expectation of profits from the investment
  3. The investment of money is in a common enterprise
  4. Profit comes from the efforts of a promoter or third party

Good News For The Ecosystem

For further clarity, Mr. Clayton specifically referred to the words of William Hinman, Director of the SEC’s Division of Corporate Finance. In the letter, Comm. Clayton confirmed that Ether (and tokens of similar characteristics) were not considered Securities:

 “Your letter also asks whether I agree with certain statements concerning digital tokens in Director Hinman’s June 2018 speech. I agree that the analysis of whether a digital asset is offered or sold as a security is not static and does not strictly inhere to the instrument. A digital asset may be offered and sold initially as a security because it meets the definition of an investment contract, but that designation may change over time if the digital asset later is offered and sold in such a way that it will no longer meet that definition. I agree with Director Hinman’s explanation of how a digital asset transaction may no longer represent an investment contract if, for example, purchasers would no longer reasonably expect a person or group to carry out the essential managerial or entrepreneurial efforts. Under those circumstances, the digital asset may not represent an investment contract under the Howey framework.”

Mr. Clayton’s statements are of special importance for traders of ETH and other similar tokens since they open the doors to American exchanges to operate freely without the uncertainty of being accused in the future of illegal operations with undeclared securities.

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Vitalik Buterin Proposes Gas Fee “Norm” For Ethereum (ETH) Wallet Transactions

Ethereum co-founder and cryptocurrency industry mainstay Vitalik Buterin has proposed a controversial method for increasing ETH developer fund support: imposing gas fees on wallet transactions.

On Mar. 8, Buterin tweeted his proposal, making a clear distinction that his plan would involve the creation of a “community norm,” which users could choose to follow as opposed to being mandatory. However, the idea of the gas fee standard is to encourage the fee being paid on wallet transactions, while discouraging the current practice of users attempting to circumnavigate fees.

I propose we consider supporting a community norm that client/wallet devs can/should charge a 1 gwei/gas fee for txs sent through their wallet, we don’t try to circumvent such fees, and we support protocol changes to make such fees easier (eg. abstraction enabling multisends)

According to the numbers Buterin presents, increasing average user gas costs 7 percent would equate to at least $2 million per year in increased funding for Ethereum developers, without going through the traditional routes of securing more capital that could involve market bias.

While Buterin was floating his idea to the community as opposed to announcing an actual development by the Ethereum team, the proposal was met with conflicting opinions. On user pointed out that an imposed gas fee negated the ability of wallet devs to set their own transaction prices, thereby limiting free enterprise.

“So much for free enterprise? Shouldn’t wallet devs be allowed to charge what they want, even if this is zero?”

Other users were quick to counter that Buterin’s plan involves creating a “community norm” around wallet transaction gas fees, rather than making it a definitive part of transactions. Buterin reiterated this point in a subsequent tweet, clarifying that he was not advocating a mandatory fee increase, but rather hoped to jump start an ETH community initiative to support devs through an alternative method of fee collection,

“To be clear, I am NOT advocating a norm *mandating* the 1 gwei fee. I am arguing for a norm diacouraging overly complaining about and/or trying to circumvent the fee if/where it exists.”

Buterin’s plan, despite the controversy it may have stirred among Twitter responses, does provide a community-generated source of funding for Ethereum developers that promotes decentralization over other forms of fee-collection. However, as some users pointed out, it’s a tough sell to get people to pay for something they were previously receiving for free, even if it comes with good intentions. While wallet operators are free to impose fees to compete on the market, a blanket gas fee–even one that is imposed through community good will or Buterin’s “norm”–would be hard to gain broad adoption.

Despite the lackluster response to Buterin’s proposal, Ethereum has benefited from positive news in the last week surrounding its development. Over the weekend, as reported by EWN, research firm Electric Capital published data showing Ethereum led the industry in active developer support, with over twice that of second-place Bitcoin (BTC). Ethereum has also benefited from the successful launch of its long-awaited Constantinople upgrade at the end of February. 

 

Title image courtesy of beatingbetting.co.uk

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Report: Ethereum (ETH) Has Twice the Monthly Core Dev Support as Bitcoin (BTC)

A new report confirms the industry belief that Ethereum has the largest coding development support of any cryptocurrency.

Despite sitting in the number two spot by market capitalization, and trailing Bitcoin by $55 billion, a report published by crypto management firm Electric Capital on Mar. 7 found that Ethereum has the most developers working on its protocol of all cryptocurrency projects.

Ethereum, helmed by co-founder and industry figurehead Vitalik Buterin, has consistently been one of the top cryptocurrency projects to attract both core and community development, particularly when evaluating its monthly core commits. Research collected by Electric Capital reviewed 20,000 code repositories with 16 million commits to obtain data in their evaluation of different coin projects, determining that Ethereum averages 216 developers contributing code each month. Electric Capital also included in their post that this figure is likely less than the actual number of developers, because their review did not include community-base projects such as Truffle, one of the leading sand boxes for Ethereum and smart contract testing,

“This is undercounting the number of Ethereum developers since we do not include ecosystem projects like Truffle.”

The report also found that Bitcoin has amassed a healthy developer ecosystem, nearly a decade after being launched. While Electric Capital calculated BTC developer support to be 50 per month–around a quarter of what they found for ETH–the company again noted the figure to be likely under-represented, considering they do not account for cryptocurrency wallet projects.

When looking strictly at contributors to both coin’s core protocol, the numbers become more even, albeit with Ethereum still holding a significant lead. Electric Capital reported finding ETH to be “by far” the most active project, averaging 99 monthly core developers–more than twice that of BTC which claimed the second place spot at 47 core devs per month.

Overall, the report is extremely positive on the industry of cryptocurrency and its current development pace. Despite coin prices falling more than 80 percent over the last year, constituting a “crypto winter,” development support has continued to be on the rise. Electric Capital reported that the number of devs working on public coins has doubled in the last two years, with total industry figures being 4,000+ developers per month contributing code to 2,800+ coin projects.

In addition, the report found that development interest has largely been immune to depressed coin prices, a sign of both industry adoption and growing interest,

“Developers who entered the crypto ecosystem have continued to build despite market conditions. From Jan 2018 to Jan 2019, the number of monthly active developers fell 4% while the markets fell more than 80%.”

Electric Capital also found that the majority of abandoned coin projects are currencies forked from existing “high network value coins,” citing Bitcoin Diamond and Bitcoin Gold as both having fewer than 5 developers per month since Oct. 2018. Core protocol development for platform currencies have also drawn the most interest in projects observed, with the report finding 25+ monthly devs for EOS, Cardano and TRON.

With Ethereum trail-blazing the industry in developer support, the cryptocurrency welcomed the launch of its long-awaited Constantinople upgrade two weeks ago.

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SIX Swiss Exchange Launches Ethereum (ETH) based ETP

The Swiss Stock exchange of SIX launched its first Ethereum (ETH) based ETP on the 5th of this month under the ticker of AETH (Amun Ethereum). With this new ETP, investors have the chance of investing in the second most valuable digital asset according to market capitalization (and at the moment of writing this).

AETH tracks the investment results of Ethereum and investors need no special set up to access the product. Amun holds the underlying crypto asset in cold storage equal to 100% of the value of the notes at all times. All digital assets held by Amun are under institutional grade security with several safety measures such as the aforementioned cold storage, multiple private keys, whitelisting and audit trails.

What is an ETP?

ETP stands for Exchange Traded Product. It is a type of security priced using derivatives of an underlying asset such as a commodity, a currency, a share price, interest rate or indices. ETPs include Exchange Traded Funds (ETFs), Exchange Traded Vehicles (ETVs), Exchange Traded Notes (ETNs) and certificates.

Plans By SIX to List More Crypto Based ETPs

AETH is the second crypto based ETP being offered by SIX. The exchange recently listed a Bitcoin based ETP under the ticker of ABTC (Amun Bitcoin). Amun also handles the cold storage of the Bitcoin that backs the ETP. Both ETPs have a 2.5% management fee.

Late last year, the exchange had announced that it would list a total of 5 crypto based Exchange Traded Products: Bitcoin, Ethereum, XRP, Bitcoin Cash and Litecoin. The same 5 digital assets also make up the Amun Crypto Basket Index (HODL5). The weighted distribution of each digital asset in the index is as follows:

  • BTC – 49.39%
  • ETH – 16.58%
  • BCH – 2.96%
  • LTC – 3.87%
  • XRP – 27.2%

Anum AG and SIX only list specific digital assets that are not tied to fiat (stablecoins) or designed to be anonymous. Digital assets that lack sufficient liquidity are also avoided.

SIX To Launch its Own Digital Exchange in the Second Half of 2019

The Swiss exchange also has plans of launching its own digital exchange in the second half of 2019. The new SIX Digital Exchange (SDX) will speed up trading and will initially run parallel to the existing SIX platform.

What are your thoughts on the Swiss Exchange of SIX launching an Ethereum ETP? Please let us know in the comment section below. 

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

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Vitalik Buterin Compares Bitcoin and Ethereum: BTC is Like a Calculator, ETH is Like a Smartphone

For Vitalik Buterin, creator of Ethereum, his project holds many advantages over Bitcoin, and he proudly illustrates with simple words why that blockchain 2.0 has enough merits to be the most important altcoin in the global marketcap.

ETH: A Project Born As An Evolution of BTC

In an interview for Business Insider, the mastermind behind ETH explained that he was initially quite involved in the Bitcoin community. Over a period of about two years, he not only began to actively participate in the community but also engaged in various crypto-related projects until he eventually left the university to become fully involved in activities related to the development of blockchain technologies.

He later realized that Bitcoin could evolve. He began to study the possibility to expand the capabilities of Bitcoin but eventually decided to take one step further, developing a new, more efficient blockchain. The evolution that began with the Ethereum project opened a framework of options for users in the same way that smartphones changed the way society behaves.

“Soon after (dropping the university) I started to realize there were a lot more interesting things that you could do with blockchains than just a single peer to peer currency. And it was something that other people were starting to recognize at the same time.

I came up with the idea behind Ethereum, this idea that blockchain was a built-in programming language as kind of what I thought was the simplest and most logical way to actually build a platform that can be used for many more kinds of applications”.

BTC is a Calculator, ETH is a Smartphone

The creator of ETH compared the differences between both blockchains as the ones of a pocket calculator vs. a Smartphone. While BTC can do one thing very well, ETH -being Turing complete- gives users and developers a broader framework of possibilities thanks to Smart contracts and dApps:

“Think of the difference between something like a pocket calculator and a smartphone, where a pocket calculator does one thing, and it does one thing well. But really, people want to do all these other things. And if you have a smartphone, then you have a pocket calculator as an app, you have a music player as an app, you have a web browser as an app, and pretty much everything else.

So basically, taking that same kind of idea of increasing the power of the system by making it more general purpose and applying it to blockchains.”

Ethereum was recently able to implement its Constantinople hard fork, a previously elusive milestone. This achievement begins the path to ETH 2.0 and could be the first step to accomplish a scalable, fast and efficient blockchain, with the capacity to process up to 1 million TPS.

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Ethereum’s Constantinople Hard Fork Goes Live Today. The Road to ETH 2.0 Begins

The Ethereum community is expectant because finally, after a long and bumpy road, the Dev. team is ready to launch the long-awaited Constantinople Upgrade.

The hard fork is expected to be activated at approximately 19:30 UTC when Ethereum reaches block 7,280,000. At this point, two critical upgrades will be simultaneously activated: Constantinople and St. Petersburg.

Due to the features of these updates, the new block (7280001) will be incompatible with the “old version” of the blockchain. However, unlike what happened with the DAO issue or with the hard fork that gave rise to BCH, this update will be non-contentious, which means that virtually the entire community agrees on the new implementation so it should occur without any problem.

Constantinople… Finally

It is important to know that Constantinople was scheduled for release in early 2019, however, after some bugs were discovered in the protocol’s code, developers decided to postpone its release until they fixed the errors, guaranteeing users can test the best possible version of Ethereum.

Vitalik Buterin. Creator of Ethereum

Vitalik Buterin. Creator of Ethereum

Precisely to avoid these problems, the St. Petersburg upgrade will disable a part of Constantinople’s code that contained flaws in the security of Smart contracts. Beyond this, the rest of the changes implemented with St. Peterburg should not affect ordinary users.

The Constantinople protocol is an update that serves as preparation for a radical change in the structure of the Ethereum Blockchain. Ethereum 2.0 is seen as a PoS blockchain with second layer developments that will allow an very high number of TPS with low energy consumption (with a few optimizations in the code) and an economic model that stimulates savings by increasing the value of the circulating tokens.

The most significant change that Constantinople brings is the reduction of the block reward from three ETH per block to only two ETH. This reduction continues the vision started with a previous fork, Byzantium, which reduced the reward from 5 ETH to 3.

Similarly, it is expected to increase network efficiency (something that will mainly benefit DApps developers) as well as an optimization in the gas usage required for Smart contracts execution.
For those interested in a real-time follow-up of the fork, the Fork Monitor website will provide them with all the information they need to be up to date.

Expectations Have Not Affected ETH Trading

The Ethereum trading community is not over-hyped about this news. During this week, ETH has been relatively stable, facing strong resistance in the 140 USD zone, according to data from Coinpricewatch

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Tron (TRX) Ranked 2nd in China’s Latest Blockchain Rankings

China’s Ministry of Industry and Information Technology through its Center for Information and Industry Development (CCID), has released its 10th monthly crypto project rankings this past Tuesday, February 26th. A total of 35 projects were evaluated by the CCID this month of which EOS, Tron (TRX) and Ethereum (ETH) made the top three respectively. For Tron, this was the first time the project was ranked on the list by the CCID.

All projects are judged using three criteria: basic-technology, applicability and creativity. Individual scores in each category are then added in a weighted ‘total index’ that is used to rank the blockchain projects.

Tron’s Mainnet Upgrade to Version 3.5 Happening Today

Earlier today, Justin Sun reminded the Tron community that the network will be upgraded to version 3.5 today the 28th of February.

The network upgrade plans on implementing the following 4 changes.

  1. Addition of multi-signature features and account management
  2. Dynamic energy adjustment to real-time network performance
  3. 50% up performance and res usage
  4. Better Virtual Machine safety

More on the upgrade can be found on Github.com.

Upgrade is Tailor-Made for BitGo’s Institutional Clients

Of particular importance is the addition of multi-signature and account management features on the Tron network. This additional changes will fit right in with the services provided by Tron’s newest partner, BitGo. The latter is a leader in digital asset security, compliance and custody solutions that are focused on catering for the needs of Institutional clients. BitGo is the largest Bitcoin processor with over $15 Billion in crypto transactions per month. The firm also has over 300 clients in over 50 countries worldwide.

It is with this background that BitGo announced that it will be adding TRX support later this year. This then prompted the Tron foundation to add multi-signature and account management features on the network.

What are your thoughts on Tron making its debut at number 2 on the CCID’s blockchain rankings? Does this mean that Tron is better than its competitors such as Ethereum and NEO? Please let us know in the comment section below. 

[Feature image courtesy of BitGo.com]

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

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