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TRON (TRX) ‘Partnership’ with Baidu has Nothing to do with Blockchain

The TRON (TRX) and Baidu ‘partnership’ all started with a tweet.

TRON’s founder, Justin Sun, is notorious for vague ‘pump’ tweets and this one was no different. TRON’s ICO ended at the beginning of Sept 2017, and that’s when the “wait for our next big partnership that’s coming soon” marketing tactic began. In the beginning, it was effective. Sun would post a tweet of this nature and TRX would jump in price. Eventually, investors stopped listening because the partnerships made weren’t as big as expected.

Unfortunately, when TRON completed its mainnet and various other foundational milestones worthy of a price pump, investors were burnt by the project’s previous marketing tactics and didn’t purchase TRX.

TRON (TRX): The Boy Who Cried Wolf?

It seems the TRON team is sticking to what they know and it seems to have worked again. TRX soared 10% in price when the unconfirmed reports specified that Baidu was the ‘mystery’ partner. There has yet to be an official announcement made by either TRON or Justin Sun about this said partnership.

According to the Chinese crypto news site Odaily, TRON is only renting cloud server space from the Beijing-based tech giant.

The translated press release states:

“Wave Field TRON will build compatibility with Baidu Cloud to build, operate and debug blockchain products to optimize compatibility and optimize the development experience.”

Criticism

Justin Sun’s “announcement of an announcement” tweets have been a long joke in the crypto space, and even Vitalik Buterin has poked fun at it. While it may be a good joke for some, others aren’t laughing.

Back in January, Sun pulled a similar tactic with TRON’s partnership with Baofeng. The founder called Baofeng the Chinese Netflix, but instead, it’s more of a video player software. Also, the partnership wasn’t with Boafeng, but a subdivision of the company—stretching the truth a little bit.

We will see what TRON and Justin Sun have to officially say about the matter if they even acknowledge it at all.

TRX Price Movement

According to CoinMarketCap, TRX is currently trading at $0.0246 a coin, down -1.97%.

Featured Image: Depositphotos/© depositedhar

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Tron (TRX) Announces Google Chrome Plugin TRX Wallet – Ledger Hardware Wallet in the Works – Crypto Currency News

Tron (TRX) – Yesterday, the Tron Foundation made an announcement showcasing a new “recommended” Chrome wallet to be used by TRX holders.

Created by developer Jake Lin, the Tron Chrome wallet is a multi-functional wallet that can be applied to Google Chrome plugins but is designed specifically for the TRON web. It has been tested thoroughly, and the Tron development team believes the wallet has stable performance, good user experience, and provides quick interaction with digital accounts.

This wallet allows you to:

  • Receive TRX through a QR code
  • Send TRX and other tokens
  • Check the balance of TRX and other digital currencies
  • Check the TRX market

Users also can vote in the Tron Super Representative election using the Chrome wallet.

You can download the link to the wallet here. Like any online wallet, it is not advised to hold your digital tokens online. While the team claims it is safe, hacks still occur. The development team at Tron is currently working with Ledger to offer a hardware offline TRX solution.

>> What is Tron (TRX)?

Where’s the “Official” Tron Wallet?

While some TRX holders seemed excited about a Tron wallet, many were concerned and are waiting for the ‘official’ one to come out.

One user by the name of @AurthorCLBrown tweeted:

Another Twitter user replied to the same tweet by saying:

The good news is that the Tron team is currently working with the ledger team on a hardware wallet, but Tron enthusiasts may not be happy until the Tron dev team coughs up an “Official” Tron wallet.

Featured Image: The Daily

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