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TRON (TRX) Launching Privacy Features on Testnet

TRON TRX Justin Sun Privacy Cryptocurrency 2019

TRON, the eleventh largest cryptocurrency by market capitalization and one of the industry leaders in decentralized applications, is set to launch privacy features on its testnet in the coming days.

According to an interview published on May 16, TRON CEO Justin Sun told Decrypt that the previously touted privacy addition to TRX–dubbed zk-SNARKs–is set to make a trial run on the TRON testnet. Assuming zk-SNARK implementation goes smoothly during the testnet phase, the CEO expects to integrate privacy features into the TRON mainnet at some point in the near future.

Zk-SNARKs, which TRON has previously mentioned as an addition to their public blockchain, are a zero-knowledge proof mechanism that allow for transactions to be made without revealing the transaction information to the broader network. While blockchains are prized for their transparency and public ledger, privacy transaction features add an extra layer to the utility of cryptocurrency.

However, the implementation of zero-knowledge proof transactions on otherwise public blockchains has been historically messy, with other cryptocurrencies experiencing inflation bugs and a general begrudging from users that would prefer to keep transfers as transparent as possible.

Speaking with Decrypt, Sun explained that the addition of zk-SNARKs and privacy features to TRON will add an extra layer of protection for clients,

“zk-SNARKs are extremely important because they provide a new way for everyone to start using Tron with privacy protection. This is critical to lots of the crypto adopters in the industry.”

Historically, Monero (XMR) has been the industry leader in privacy transactions and has developed a fervent investment base that believes a core utility for cryptocurrency in the coming years will be anonymous transactions, as opposed to the current store-of-value model exhibited by Bitcoin. However, as opposed to Monero’s omnipresent private transactions, TRON intends zk-SNARK integration to give TRX users the option of anonymous transactions, similar to the method employed by ZCash.

In December 2018, Justin Sun spoke in an interview about his intention to integrate zk-SNARKs in Q1 2019,

“I think privacy is also important for the network. So that’s why I think in next year, Q1, we will adopt the zk-SNARKs into our network. So zero-knowledge proof into our network…This is how we can improve the privacy of the whole network.”

Sun further explained that giving users the ability to conduct private transactions added another layer of security and utility to TRON. With the entire landscape of cryptocurrency, particularly the altcoin market, struggling to find legitimate use cases to justify the once-again expanding market capitalization, features such as anonymity may provide another layer for TRON.

The TRON Foundation has already managed to establish TRX and the TRON network as a major purveyor of decentralized applications, recording a new all-time high in daily users earlier in the week. Privacy, along with DApps and BitTorrent, could provide another avenue for TRON’s growing market influence. While the currency would face steep competition from established players such as XMR and ZCash, the broadening features of TRON’s network could compel users look for an all-in-one cryptocurrency to base out of.

The post TRON (TRX) Launching Privacy Features on Testnet appeared first on Ethereum World News.

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Tron Set For Huge Leaps After ChangeHero Lists TRX

Tron is getting another mega boost after another popular, fast-growing crypto exchange listed it on its platform. ChangeHero, the exchange in question, facilitates crypto-to-crypto exchanges. Announcing the news of the listing on Twitter, Tron’s Justin Sun said that TRX users can now exchange USD for TRX at ChangeHero’s Instant Exchange.

Being a fast-expanding platform, ChangeHero accommodates over 100 cryptocurrencies for trade and supports 9 languages. One of Tron’s cornerstone strengths is facilitating fast transactions and ensuring that its network users have the best experience.

The Gains

As a matter of fact, the listing of TRX on ChangeHero is bound to bear fruits in the near future. First off, ChangeHero offers the best rates and an impressive 5-star support system for its customers, and that means that TRX will benefit from the secure transfer facility on the platform. The exchange has since availed TRX to all its users to trade on the platform. Besides that, customers can now exchange the coins for USD on the same platform, with more currencies or trading pairs set to be introduced in time.

Evidently, many crypto exchanges have had a positive regard of Tron since its maiden entry into the market, and that support seems to have grown even stronger after the launch of Tron’s MainNet and migration from the ERC20 network. Tron migrated to the new MainNet back in June 21, 2018, and large players in the crypto exchange business like Binance, Bittrex, and Bitfinex have supported it all along. In fact, Tron’s long-term vision and ease of liquidity is one of the reasons that it’s gaining so much traction in the crypto world.

More Support From Other Quarters

Besides ChangeHero, Tron has also been added on Abra, a progressive crypto wallet that supports over 28 cryptocurrencies in its built-in exchange function. It supports cryptos like Bitcoin, Ether, Litecoin, DiGiByte, XRP, Cardano, among others. On Twitter, Justin Sun praised Abra as an easy-to-use App where users can easily sell, buy, or safely store their cryptocurrencies.

To prove that TRX really meets the high standards that users need in the market, Abra explained, on its official website, that it carries out serious vetting of each cryptocurrency that joins its platform, including and not limited to the crypto’s liquidity. Abra also announced plans to launch an app to enable people to purchase cryptos via banks. TRX is among the cryptocurrencies to be floated for purchase.

From where it stands right now, TRX looks very attractive to many other crypto exchanges expected to list it in the near future, and that will obviously affect its price upwards.




The post Tron Set For Huge Leaps After ChangeHero Lists TRX appeared first on Ethereum World News.

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Justin Sun Officially Adds 100 Million BitTorrent Users To Tron (TRX) Ecosystem

No doubt, Tron (TRX) is one big coin that cannot be rubbished in the cryptocurrency space. After Justin Sun announced that Tron would be moved out of Ethereum Network, the cryptocurrency war lord, declared on the go that there is going to be a huge competition between the two altcoins, like that which existed between Moses and Pharaoh.

Today, in a letter sent to the community, it was officially announced that the Tron has acquired BitTorrent in a bid to make its ecosystem stand out.

Justin Sun said BitTorrent and BitTorrent products are solely Tron’s property, creating euphoria in the community.

“From this day on, BitTorrent, whose software has been installed on billions of user devices, will become part of the TRON ecosystem, making TRON the largest decentralized Internet ecosystem in the world,” he said.

He declared that every BitTorrent user and supporter are now part of the TRON family, and so, 100 Million BitTorrent Users are now added to Tron (TRX) Ecosystem.

He maintained that anybody who have used the BitTorrent protocol, built their business on the protocol, or otherwise benefited from the protocol are now part of the TRON family.

BitTorrenct protocol, a file sharing communications protocol based on a p2p network was founded in 2001.

Before blockchain technology became prominent, BitTorrent has been regarded as the first decentralized Internet protocol with large-scale global application.

Talking about the decentralized personality of BitTorrent, Justin Sun said:

“Even today, the BitTorrent protocol retains its status as the world’s largest decentralized protocol, once transmitting 40% of daily Internet traffic. BitTorrent created and shaped the protocol, with 70% of BitTorrent users using the product. The company aims to decentralize the Web by promoting and further developing the BitTorrent protocol.”

The letter reads that BitTorrent gave birth to the decentralization movement, saying “Developers, entrepreneurs, and the decentralized Web community regard BitTorrent as the original pioneers of decentralization technology. It is the foundation of an open, transparent, shared Internet protocol.”

The latest acquisition signals that TRON’s “All-In Decentralization” agenda is heading towards fruition since the two platform which has now become one share the same vision for a decentralized Web.

Sun said he understands that BitTorrent will become more decentralized and gain a new life after integrating into the TRON ecosystem.


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Tron (TRX): 11 Day To TVM Launch, 22 Exchanges Resume TRX Trading

The road to success is never easy or linear. It sometimes requires different phases. Tron has for long been a stages of different developmental moves. Ever since the completion of Tron’s MainNet and transfer of TRX token to its ecosystem, several exchanges which pledged support for the altcoin have embarked on processes which will aid the seamless withdrawal and deposition if TRX token on their platform for trade.

Today, in tweet issued by Justin Sun, it was aired that the 22 exchanges have resumed the trading of TRX coin as of July 18.

“22 exchanges already resumed #TRX deposit and withdrawal as of July 18 (UTC+8). #TRON $TRX,” Sun noted.

While the MainNet launch and the Independence Day of the Cryptocurrency was successfully, Tron is making progress in its activities by having close cooperation with exchanges and wallet so that those which tendered their support could earnestly initiate trading.

As of today, according to a release, number of exchanges and wallets have begun withdrawal and deposit operation for the coin. Stated in the release are the following exchanges; Binance, Bitfinex, Bitforex, Bitpie, Bittrex, Bit-Z, Bjex, Cobo, CoinEgg, Coinfalcon, Coinnest, Cryptopia,, Hitbtc, Huobi, Koinex, Liqui, Max Exchange, OKEx, Quoine, Tokenomy, and Upbit.

Tron Virtual Machine (TVM)

Six day before the launch of Tron’s MainNet, the Alpha version of Tron Virtual Machine (TVM) was launched into space (May 25). But as of today, the official launch of the Virtual Machine, according to Justin is left with only 11 days.

According to the Cryptocurrency, the TRON Virtual Machine (TVM) developed by Tron’s ecosystem which is a turing complete virtual machine is designed with the intent of making dozens of developers across the world build custom blockchain system with ease.

The lightweight Virtual Machine fabricated with high level of scalability is said to be compatible with Ethereum Virtual Machine [EVM], developer friendly, and will have more mainstream VMs in the future.

According to the opinion of many observers, it has been said that the development, when finally launched could help Tron achieve greater heights especially the long yearned 6th position.


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Binance 10M Tron (TRX) Giveaway Still Hot, As 49B TRX Token Officially Burnt

Tron spares no opportunity for growth and awareness to become the leading Cryptocurrency platform among its contemporaries. After a successful MainNet launch, the digital currency is making moves to put all in place.

While the support which Binance exchange gave the cryptocurrnency’s migration by giving out a whopping sum of 10 million TRX to users is still going on, the owner of Tron, Justin Sun, through its twitter page announced that over 49 billion TRX token on ERC20 ecosystem has been successfully burnt in the ongoing migration developmental move.

According to a statement on the medium page of the altcoin, it was stated that while the MainNet which took place on the 25th of June led to token upgrade and migration, a total amount of 49,490,749,752.120578 TRX ERC20 token has been officially burnt.

For a clear prove, a link to a site that shows the total amount of burnt token was added to the statement.

Meanwhile it was stated that the burnt tokens are the first batch, so more is expected in some days to come. The statement added that as the migration process is still on, “TRON MainNet runs smoothly, there are 493 nodes around the world.”

Binance 10 Million TRX Give Away Still On.

On June 28, Binance announced that it will be giving out 10,000,000 $TRX to the users of Tron in a trading competition.

#Binance #TRON Trading Competition: 10,000,000 $TRX to Give Away!” Binance twitted.

Immediately the tweet came to live, Tron community went into euphoria but much reactions evolved as Justin Sun retweeted the message.

Attached to the tweet is a link to a statement discussing the details of the competition.

The statement noted that the competition will begin by 00:00 AM on 2018/06/29 and it will be ending 00:00 AM (UTC) on 2018/07/06.

“Users will be ranked in terms of the total TRX volume traded on their Binance account (including both buys and sells, excluding wash trades) across all TRX trading pairs during the competition period,” the statement reads.

With all the developments attached to Tron in its migration move, many observers have opined that the Cryptocurrency is making all effort to make it MainNet a worthwhile one that will not make it to only retain its existing users but bring in multitude of new users.


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TRON (TRX) Founder Justin Sun Hints at “Secret Project”

TRON (TRX)–Today marks the official Independence Day for TRON, a self-styled kickoff event to celebrate the genesis block of TRX on TRON’s Main Net platform. While TRON has made an active presence in the news cycle this past week, with more information rolling out about the features of Main Net, the currency’s valuation has yet to live up to the same enthusiasm. Yesterday brought the announcement of Tronics University, a Main Net based platform that will offer curriculum focused on cryptocurrency and blockchain. Details surrounding the project were scant, but the Twitter post alluded to the idea of students being incentivized to learn with the tagline “Earn to Learn.”

While Tronics University is the project of Team Tronics, a participant in the Super Representatives election taking place on Main Net, TRX founder Justin Sun alluded to news that would directly impact the future of the currency. Speaking in a livestream event to commemorate the launch of Independence Day, Sun lauded the TRON team for its success in meeting deadlines, while offering July 30th as the next substantial date in the growth of the TRX currency. In addition, Sun reported the date would reveal a “secret project” related to TRON, as well as mark the delivery of the previously announced TRON Virtual Machine.

“I think one of the most important values of Tron is we delivering our products and mission on time. So as you see, we delivered our testnet on the March 31st, our mainnet on may 31st, and officially are launching our mainnet on June 25th. The next very important milestone is July 30th- we will deliver our official virtual machine. All the decentralised exchanges and applications on the Tron platform are plugged into the Tron ecosystem. July 30th we will launch one of our secret projects

The alpha version of TRON’s upcoming virtual machine made its launch on May 25th, just ahead of Main Net, which the TRON Foundation describes as a “cornerstone of [the] TRON ecosystem.”  The function of the virtual machine is to assist developers on Main Net in creating their own version of blockchain, which allows for coin creation or the implementation of smart contracts:

TRON Virtual Machine (TVM), is a lightweight, Turing complete virtual machine developed for Tron’s ecosystem, aimed at providing millions of global developers with custom-built blockchain system which is efficient, convenient, stable, secure and scalable.

Ethereum has long held the reputation for being the primary currency for smart contracts, but the TRX-based application offers advantages over the former. Instead of requiring the added cost of gas for Ethereum contract executions, TRON’s virtual machine is free to operate for both transactions and smart contracts. TRON is aiming for ease of usability in the implementation of their virtual machine (stylized TVM), to futher incentivize and lower the barrier of entry for developers on Main Net.

As opposed to traditional cryptocurrencies, which have placed the weight of their function on being tools for digital transactions, TRON is attempting to reshape the landscape of online entertainment via a decentralized network. TRX forms the backbone for Main Net function, which can include everything from gaming to academic portals. We have to wait until closer to the July 30th deadline for more details on Sun’s “secret project,” but the advent of the Tron Virtual Machine is promising for developers looking to find a place using cryptocurrency.