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Tron’s Justin Sun Remains Bullish on Crypto: Bitcoin Lightning Network to be a Tailwind

Tron (TRX) CEO Holds Optimistic Tone On Crypto

Justin Sun, the chief executive of Tron, recently sat down with CNBC’s “First On” segment to discuss his expectations for the cryptocurrency industry moving forward. The Chinese crypto-centric entrepreneur drew attention to a number of reasons why investors should be bullish on assets like Bitcoin (BTC) and TRX.

First on the chopping block, the growth of the Lightning Network. Over the course of the past months, the scaling solution has been openly endorsed by players like Jack Dorsey from Twitter & Square, along with Reid Hoffman from LinkedIn, Blockstream, and Microsoft, leading to a surge in the adoption of the Bitcoin protocol. Many believe that Lightning’s recent uptick will precede adoption in the mainstream, as brick and mortar outlets and payment applications purportedly look to integrate near-instant, effectively free, secure, and uncensorable BTC payments.

Second, Sun draws attention to the fact that JP Morgan and Facebook all intend to launch their own digital assets could be a positive factor. This comes just after Tom Lee of Fundstrat made a similar comment, explaining that such ventures will be integral in pushing cryptocurrencies past having only 10 million or so active users. While some would bash FB Coin as entirely centralized and fallible, Ari Paul from BlockTower Capital once argued that even if 10% of its users “stumble across Bitcoin,” the asset would have been a net benefit on the decentralized cryptocurrency ecosystem.

Elon Musk Endorsing Bitcoin Has Justin Enthused

When asked about his thoughts on Warren Buffett’s skepticism of cryptocurrencies, a question issued likely in reference to the Oracle’s “Bitcoin is a delusion” comment, Sun kept his head high. The former Ripple Labs marketer explained that while the American investor is wary of digital assets, both Dorsey and Elon Musk have endorsed Bitcoin is some way, shape, or form.

As explained earlier, Dorsey has lauded the Lightning Network, expressing love to integrations of the advancement and even publicly accepting a BTC transaction through the system.

Elon Musk, on the other hand, has a bit more quiet on his Bitcoin love, but has still be explicit nonetheless. Per previous reports from Ethereum World News, the fervent Tesla and SpaceX leader told ARK Invest’s CEO that he expects for cryptocurrencies to eventually replace banknotes. Specifically touching on Bitcoin, he said that he likes the premise, but is somewhat wary of the energy it needs to keep on running.

BitTorrent Integration Could Be Monumental For Adoption

Closing off his segment, the industry chief executive draws attention to BitTorrent, which has been owned and integrated into Tron’s facets for those who missed the memo. He explains that the fact the file sharing service, centered around peer-to-peer values, has been ‘tokenized’ and ‘blockchainified’ should be key in driving adoption. In an interview at Token2049, Sun tells me that BitTorrent’s blockchain facet could single-handedly bring 100 million users to the cryptocurrency space. 

Photo by Kent Pilcher on Unsplash

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Tron (TRX) Now Available on OKEx’s Customer-to-Customer Market

OKEx’s customer-to-customer (C2C) market continues to gather momentum as it now supports Tron (TRX). The Malta based exchange has collaborated with the Tron foundation to bring fiat-to-cryptocurrency trading on a peer-to-peer level. The C2C market supports the fiat currencies of the British Pound (GBP), Chinese Renminbi (CNY), Vietnamese Dong (VND), Russian Ruble (RUB) and Thai Baht (THB).

Andy Cheung, Head of Operations of OKEx, explained why the addition of TRX was brought about by demand for the digital asset.

Other than helping blockchain startup projects, we constantly review and take in new tokens with huge market demands.

In view of Tron’s recent development, we’re very confident that the project’s ambitious movements will significantly help building a better blockchain ecosystem.

We’re thrilled to have Tron on our C2C market, especially after seeing the consistently good performance of the token in our spot and derivatives markets.

TRX is the seventh  prominent digital asset on the C2C market alongside Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP, Bitcoin Cash (BCH) and Litecoin (LTC). With this variety of digital assets, users have access to a low-volatility market with zero transaction fee. The C2C platform allows users to place orders with self-selected exchange rates and payment methods to buy or sell digital assets from each other.

TRX Airdrop Promotion by OKEx

To celebrate the launch of TRX on the C2C market, OKEx has two promotions starting today, March 7th, till the 14th of this month. The first promotion is $30,000 worth of TRX for users who deposit Tron  coins into the C2C market. The second is $90,000 worth of TRX for users with the highest trading volume of the digital assets in the same market. The exchange further explains this as follows;

The top 8,888 users will be rewarded with USD – 280-worth TRX. Each user will be rewarded once. The more you trade, the bigger the prize you can get. Valid until the USD90,000-worth TRX prize pool lasts.

What are your thoughts on OKEx adding TRX support on its C2C market? Is this an indicator of demand for the digital asset? 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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Tron (TRX) Holders to Receive Second Monthly BTT Airdrop on 11th March

The month of March might have started on the wrong footing for Bitcoin (BTC) and the general crypto markets. However, holders of Tron (TRX) have the monthly BitTorrent (BTT) airdrop to look forward to. The airdrops have been set for the 11th of each month till February 2025. The first airdrop was on the 11th of February this year. The amount to be airdropped per month increases with every year as seen in the schedule below courtesy of the team at BitTorrent Inc.

  • 2019/03/11 – 2020/02/11: 990,000,000 BTT airdropped to TRX holders
  • 2020/03/11 – 2021/02/11: 1,072,500,000 BTT airdropped to TRX holders
  • 2021/03/11 – 2022/02/11: 1,155,000,000 BTT airdropped to TRX holders
  • 2022/03/11 – 2023/02/11: 1,237,500,000 BTT airdropped to TRX holders
  • 2023/03/11 – 2024/02/11: 1,320,000,000 BTT airdropped to TRX holders
  • 2024/03/11 – 2025/02/11: 1,402,500,000 BTT airdropped to TRX holders

Second Airdrop on March 11th

It is with the above airdrop plan that Justin Sun reminded all TRX holders of the second such airdrop scheduled for the 11th of this month. His tweet also confirmed that it will be worth 990 Million BTT. Justin’s tweet can be found below.

Exchanges and Wallets Supporting the Airdrop

The team at BitTorrent continues to update the official list of exchanges and wallets that will be supporting the monthly BTT airdrop to TRX holders. The current updated list includes the following exchanges and wallets.

  • Binance
  • OKEx
  • Huobi
  • Bithumb
  • Upbit
  • Trust Wallet
  • Bitpie
  • Cobo
  • Bibox
  • Cointiger
  • MBAex
  • CoinEx
  • FCoin
  • WazirX
  • CoinEgg
  • Ellipal
  • BitForex
  • Dragonex
  • Vena Pi
  • Bitrue
  • ABCC
  • Tokenomy
  • Coinsuper
  • Livecoin
  • Koinex
  • Bit-z
  • Indodax
  • MXC
  • Kucoin
  • Bittrex International
  • Coinspot
  • Bitbns
  • Bitfinex
  • Sistemkoin
  • Hitbtc
  • Atomic Wallet
  • Bitexbook
  • Swft Blockchain
  • TronWallet
  • Changelly
  • TronLink
  • Coinexmarket
  • TRX Market
  • Exrates
  • Satowallet
  • Cross Exchange
  • DigiFinex
  • BikiCoi
  • Koineks
  • CoinAll
  • BitMax
  • BitMart
  • ExShell

Over 2 Million Users on the Tron Network

The Tron network has continually attracted new users on a daily basis. Only a few hours ago, the Tron network reached a new milestone of over 2 Million user accounts on the network. Further checking, the total number of accounts currently stands at 2,010,498. The network has also processed 1.9 Million transactions in the last 24 hours. The following screenshot gives a better visual cue of the stats on the network.

What are your thoughts on the monthly BTT airdrops to TRX holders? Will this boost the demand and visibility of both digital assets to crypto traders and investors? 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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Tron (TRX) Foundation Launches TronGrid 2.0 for Developers

Since the Tron (TRX) Mainnet launch last year, the Tron Foundation has opened the doors for developers to create on the network. Since then, its engineering team has been working tirelessly to guarantee that the developer experience is frictionless. TronGrid is one of the network’s most valuable components and it has just been rebooted to TronGrid 2.0 and only a day after the Mainnet was upgraded to version 3.5.

What Exactly is TronGrid? 

TronGrid enables developers to build on the blockchain by providing operational full nodes across the globe and APIs into the Tron network. TronGrid saves developers the hustles of running a full node. The later involves owning complex and expensive hardware, having appropriate bandwidth and time to maintain and/or secure data. TronGrid provides an alternative and is free of charge and fully equipped with developer tools to make DApp creation easier and affordable.

Francesco Sullo, Tech Lead of Dev Tools at TRON, explained how it is similar and better than Infura on Ethereum.

I was working on Ethereum when Infura first came out. From the get-go, I knew that Infura was a necessary tool and a game changer. When I was designing TronGrid v2, I kept that vision in mind, striving to build a faster, more reliable service.

What is New in Version 2.0

With version 2.0, the response time needed to query events has been reduced significantly to the tune of milliseconds. TronGrid 2.0 is also consistent and more available to developers across the globe. According to the Tron Foundation, the overall up-time is 99.99%.

Yue Fang, Product Manager at TRON, explained the importance of speed on TronGrid.

We have seen a lot of development efforts on TronGrid over the last few months. From a performance perspective, but more importantly, a documentation perspective. TronGrid has quickly become one of our preferred TRON blockchain interaction methods.

What are your thoughts on the TronGrid 2.0? 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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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

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]

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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Tron (TRX) Founder Believes BTC has Bottomed. Binance CEO, CZ, is Also Optimistic

The market for crypto and blockchain technologies has a promising future, not only for entrepreneurs but also traders and speculators. Both Justin Sun, founder of Tron and Chanpeng Zhao, founder of Binance, believe this and share their statements a few days ago with their Chinese followers.

In addition to significant growth in trading volume, the number of startups, fintechs and industrial developments based on blockchain technologies has grown considerably, and these two businessmen of recognized presence in the crypto-verse are aware of this.

In an interview for the Chinese news outlet Huoxing24, the founders of Binance Exchange and Tron (TRX) Blockchain shared their vision about the current state of the market, the future of cryptocurrencies and how blockchain technologies can help achieve greater transparency in the field of charity and donations.

Justin Sun: Bitcoin (BTC) Has Bottomed. DApps Are the Future

courtesy: Bitcoin Exchange Guide

Justin Sun, the founder of Tron, explained that he is optimistic about Bitcoin. The man behind the blockchain with one of the most active communities explained that it is difficult for the market to continue falling; however, he foresees a stability cycle of about 3 to 5 years before there is a serious bull run:

“I think it is already the bottom, and the bear market is over. From now on for three to five years, it is now an absolute low. For this year, I think Bitcoin will fluctuate between $3,000 and $5,000.”

Likewise, he mentioned that beyond financial speculation, the most significant business opportunity in crypto verse is in the DApps. According to Sun, there may be an explosive increase in this industry and BitTorrent could be a catalyst for this shift (important to note that the Tron Foundation recently acquired BitTorrent).

“The opportunities for market breakthroughs this year include the explosion of the DApp ecosystem, the large-scale application of the lightning network, and the three major opportunities for BitTorrent’s 100 million users to enter the cryptocurrency market.”

CZ: Focusing on the Bigger Picture

CZ Binance

For his part, CZ, CEO of the most important exchange by traded volume and the creator of BNB, the non-stablecoin token with the largest market cap, explained that he is also quite positive about the market, although he clarified that his optimism points more towards the medium and long term and is focused more on the industry than on pure speculation:

“I can’t make price forecasts. If I make a price forecast, the consequences can be imagined (that is, 49% of the cases are wrong because I am always optimistic). Our goals are generally set even further, five years, ten years, 100 years. In the long run, the development of blockchain technology will certainly be faster and faster. Digital currency will not disappear but will spread to everyone. Therefore, I am always optimistic.”

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TRON Gaming Should Lead the Way for TRX in 2019

Cryptocurrency, TRON (TRX)–With the crypto markets showing a moderate amount of price stability in the final week of 2018, after falling nearly $700 billion in market capitalization throughout the year, coin projects are consolidating and focusing on growth for 2019.

TRON, in particular, is in the position to expand beyond its current limitations through the industry of gaming.

Since first gaining traction through a strategic partnership with blockchain gaming portal, the TRON Foundation and the TRX currency have been the premier project for advancing the interest of gaming through cryptocurrency. The white paper for TRON, while controversial and criticized, outlined the project as a platform that would tackle the landscape of digital entertainment, with gaming being one of the more prominent and approachable avenues for cryptocurrency to infiltrate.

The potential for TRON gaming increased midway through the year, with the announcement that TRON founder Justin Sun had acquired BitTorrent in a wholesale purchase of Rainberry, Inc., giving the budding TRX Main Net access to the 170 million user base affiliated with the filesharing service. While BitTorrent is not as direct of a route to gaming as the partnership, it does present a significant overlap in consumer bases, with the torrenting crowd finding a like-minded interest in the decentralized money of cryptocurrency. Project Atlas, which is being designed to further integrate BitTorrent on the TRON platform while providing greater incentive for torrenters to participate on the network, could also deepen the relationship between the two platforms.

However the announcement of TRON Arcade, as reported by EWN at the end of November, gives a clear indication of the direction for the TRON Foundation in next year and beyond, or at least provide some focus for the currency’s development and investor base. According to the press release at the time, the TRON Foundation will be paying out $100 million over the next three years to spur innovation in blockchain gaming on the TRON platform, while also providing a strong incentive for gaming developers to integrate TRX into their creations.

Justin Sun characterized the announcement as “crucial” for the growth of the currency and crypto gaming, going on to expand upon TRON’s role in the broader sphere of digital entertainment,

“TRON strives to tackle existing issues faced by the gaming industry by leveraging the open, transparent, and immutability of blockchain technology. TRON Arcade will play a crucial role in encouraging developers to join in our mission and provide the best blockchain gaming experience to users around the world.”

With the market still reeling from the deep bear correction of 2018, gaming provides an outlet for TRON to hinge upon and expand in the interim period of recovery. The TRON Foundation and Justin Sun may seek to tackle the megalith of digital entertainment, but with gaming, it may not be necessary to reinvent the wheel. TRON only has to find a way to improve upon the current landscape through the TRX coin in order to incentivize greater investment interest and development for the coin. E-sports, in particular, are projected to surpass $1 billion in global revenue next year, showing an industry that is both experiencing explosive growth and ripe for the input of a technology like crypto.

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Justin Sun Quips That Ethereum’s ConsenSys Will Join Tron (TRX)

Tron’s Justin Sun Urges Developers To Join Him

As reported by Ethereum World News previously, as reports arose that ConsenSys, the Ethereum development consortium headed by Joseph Lubin, Tron CEO Justin Sun urges developers at the startup to send resumes to his team. Sun, who formerly worked at Ripple Labs, quipped that his project’s family is “fast-growing and well-funded.”

Now, just one week later, after fear, uncertainty, discomfort (FUD) continued to leak out of ConsenSys‘ walls, Sun has doubled-down on his call for Ethereum’s best developers to join him.

In a tweet posted on Saturday (seen below), the crypto entrepreneur, who also heads BitTorrent, noted that the “next news will be ConsenSys joining Tron,” commenting in response to an article that claimed the project tapped a former Ethereum Classic dev. This recent message comes just after he controversially likened Ethereum to a sinking ship, adding that developers leaving en-masse and startups shutting down is in the project’s cards.

The aforementioned innocuous comment, likely made in jest, only underscore Tron’s recent drive to outperform in 2018’s crypto bear market.

Tron Surges Past Blockchain Milestones

Some have claimed that Sun has been tooting his own horn, so to speak, for good reason. In the past weeks, the Tron CEO has drawn attention to a number of milestones that his brainchild has surpassed. Per Sun, the Tron blockchain now facilitates 83 decentralized applications (DApps). This statistic is up by ~400% since November’s end, when the network ran approximately 20 DApps.

The optimist claimed that at current growth rates, Tron will surpass EOS in terms of DApp counts by the end of January 2019. EOS, for some perspective, currently houses 259 blockchain applications.

Along with posting a staggering month-over-month DApp growth rate, Sun recently took to Twitter to claim that contracts on the network have been triggered 100 million times, only accentuating that Tron’s DApps have viable use cases.

These two milestones come just days after Tron registered its one-millionth account, which comes just 185 days after the project migrated from Ethereum to its own networks.

Tron’s mainnet also recently surpassed 100 million processed transactions, which indicates that Tron has continued to see monumental levels of interest, in spite of the crypto bear market. This is likely due to the popularity of the network’s dApp offerings. This jaw-dropping milestone came a day after Tron set a new record of 2.64 million transactions in a single day. On that day, this 2.64 million sum was purportedly 9.6x more than the number of transactions processed on Bitcoin, 4.6x Ethereum, 4.1x XRP, 188x Tether, and 264x Stellar.

At the time of writing, TRX tokens are going for $0.019946 a pop, and have posted a -1.5% loss in the past 24 hours. This is in step with Bitcoin’s performance, as BTC has found itself down 1.2% in the aforementioned time period.

Title Image Courtesy of gbarkz on Unsplash

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Tron (TRX) Hits Next Landmark Achievement: Justin Sun Confirms

Reaching new milestones has become a daily routine for the project which gave birth to the 10th largest cryptocoin by market capitalization. Just two days before the New Year’s eve, the founder of TRON TRX celebrated together with his supportive crypto-community reaching the 100 million contract triggers.

Known for already supporting a massive amount of smart contracts, c triggers are functions that initiate the bootinof smart contracts. In October, it was made pubic that above 90 smart contracts are already launched on the very fast growing network. With Yesterday’s 100 million c triggers, it is set that even more will be deployed on the platform.

In less than a year since the launch of Tron’s MainNetwork, the main tech-competitor for Ethereum, reached one million user addresses. While congratulating the community and the team behind the coin – Mr. Sun urged Ethereum developers to shift to Tron as the project is prospering in many ways that can be witnessed.

Ethereum, on the other hand, made many feel let down as not much happened during 2018. But, bot TRON and Ethereum are showcasing unique price moving patterns when it comes to value recovery compared to the rest of the market. Standing strong above the $135.00 level – ETH is presenting a more resistant motive towards sellers compared to the leader of the pack Bitcoin BTC.

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Ethereum [ETH] Back on Recovery Track: TRON TRX Following

As the recovery road commenced, the third largest coin by market capitalization Ethereum [ETH] lead the pack with its speedy value increase against the US Dollar.

After climbing back above the major $100.00, the pair ETH/USD reached a level of $140.00 with a market capitalization of $14.454 bln.

Source: coinmarketcap – monthly ETH price movement against the US Dollar.

Sellers had the upper hand against buyers per/reaching $150.00 level which support previously was cleared during one of the fast downward plunges of the last month. So, the week for one of the most promising coins ended on the happy side with almost 50% upward movement.

Through a recent Ethereum core developer bi-weekly call, it has been confirmed that Constantinople, the project’s next pertinent protocol, will activate on the processing of block 7,080,000, which is slated to arrive around January 14th, per CoinTelegraph and statistics from Etherscan.

Coin Price

Weekly Performances – top 10 by market cap

Being known for strongly highlighting the characteristic of following the larger-leading coin, TRON [TRX] is experiencing a welcomed 48.63% rise reaching the above-seen level of $0.02100. The recovery should not come as a surprise as TRON and the behind the virtual coin made many advancements and announcements even during the great market downfwall after Bitcoin Cash’s much debated Hard Fork. As predicted by our team at EWN – it will not go long before TRX stands firmly above $0.021.

Recommended to read:

TRON [TRX] Second Attempt for the $0.021: Standing Out Among XRP, LTC and ETH

Justin Sun Urges ConsenSys Staff Facing Lay Offs, To Send their Resumes to the Tron (TRX) Foundation

The creator of the platform that wants to change the internet how we know it today – Justin Sun, during an interview Inc. Magazine added on how the team designed the testing route which the network could take via purchasing BitTorrent.

“One of the reasons we purchased BitTorrent, besides its great team, is that we’ll be able to test scalability like no one else, with 100 million monthly active users getting exposure next year to blockchain …
TRON and BitTorrent will continue to work on separate projects while orbiting each other and collaborating on that goal of decentralizing the internet.”

He continued..

We think we stand out with our accelerator program because it’s stable, more efficient and has lower fees associated with it … The biggest issue really is educating developers globally–first on ‘why blockchain?’ and second on ‘why TRON?’ That’s why we recently launched the $1 million (USD) TRON Accelerator DApp competition. By giving prizes totaling that $1 million, the developer community gets to… execute their ideas or projects on TRON.


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