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Tron VibraVid

TRON VibraVid | John McAfee Gets Behind TRON’s Upcoming Platform

The cryptocurrency world is noticing TRON. The blockchain network is developing a host of new legitimate platforms on its protocol. Now, notorious crypto enthusiast, John McAfee, loves one of the latest: TRON’s VibraVid platform.

TRON’s VibraVid and Further Protocol Developments

One of TRON’s most anticipated projects is BitTorrent Speed (expected in Q2 according to the website). Its purpose, as detailed on the website, is to reward “BitTorrent users with BitTorrent (BTT) in exchange for seeding and bandwidth, enabling faster downloads.”

The bandwidth sharing application is expected to lure millions of new people to the blockchain industry.

BTT, the token behind the application, is listing on dozens of exchanges at the same time that TRON’s dApp projects continue to grow.

Enhancing the entire TRON network, then, is an upcoming hardfork, which is expected to enhance the security and overall performance of TRON.

John McAfee and TRON VibraVid

As stated, John McAfee has taken notice of TRON’s developments, but one venture has caught his eye in particular.

The crypto bull expressed his adoration for the TRON VibraVid platform, saying “I do love this” in a Twitter response to the platform’s team.

VibraVid

VibraVid is an upcoming decentralized content sharing platform, “a decentralized answer to the industry giants like YouTube.” Powered by BeatzCoin (BTZC), the platform gives content creators a way to upload, market, and sell their content to fans or users. BTZC tokens are exchanged between artists and consumers directly, for the use of digital content. The idea is that the entire platform will act as a hub for artists such as musicians, who can control and monetize their works.

>> Facebook Coin Rumors Continue to Circulate: What’s the Truth?

Clearly, John McAfee gets behind artists controlling their own assets on these types of sharing platforms.

TRON is the 9th largest cryptocurrency by market cap. At the time of writing, TRX is trading at $0.023 USD per coin according to CoinMarketCap.

Are you a fan of TRON? Do you think TRON’s VibraVid platform will be successful?

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Tron Hard Fork

TRON Hard Fork Coming Soon! Will TRX Rise or Fall?

TRON’s CEO Justin Sun announced that his platform will be adding a group of upgrades this week. A TRON hard fork will take place on February 28th and will add four new features.

TRON Hard Fork: Odyssey 3.5

TRON hopes the new set of upgrades will up its appeal to institutional users—a growing trend in the cryptocurrency space. Odyssey 3.5 will include new features such as account management and multi-signatures that will boost the security of blockchain transactions on the platform. The second upgrade will focus on the dynamic energy management system, which seeks to improve TRON’s blockchain efficiency.

Many of the Proof-of-Work (PoW) systems like Bitcoin consume a lot of energy and TRON seeks to streamline its network performance to avoid this. This upgrade also seeks to manage the network’s energy more efficiently.

>> Bitcoin Price Drop: BTC Loses $400 in Just 30 Minutes

The new upgrade focuses on the performance of the TRON Network. Odyssey 3.5 is said by Sun to improve the network’s performance by 50%. Since its birth, TRON has outperformed many of its competitors by transaction speeds. However, Sun’s tweet is extremely vague and gives little to no information on how this will be done. Even TRON’s official Twitter hasn’t released any news on the hard fork.

Lastly, the TRON Virtual Machine will get an upgrade. The co-founder states that it will receive ‘better’ safety, but no details have been provided at this time. It’s unknown if the project plans on releasing a full report of the upgrade before the hard fork takes place.

TRX Movement

According to CoinMarketCap, TRX is currently the ninth-largest digital currency. At the time of writing, the digital currency is trading at $0.024 a coin, up 1.57% in 24 hours. The news of the TRON upgrades has barely affected the price of the digital currency. Are TRON enthusiasts waiting until they receive more information on the hard fork before taking action?

What do you think?

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TRON (TRX) and Ripple (XRP) Up, Despite $5 Billion Loss this Weekend

The entire cryptocurrency market has hit a bit of a bear run moving into the new week. Towards the end of last week, most digital currencies saw quite a spike in prices. That didn’t last long as most of them quickly plummeted towards the end of the weekend, taking off $5 billion from the total market cap. Today, we’ll take a look at TRON (TRX) and Ripple (XRP).

Both of these coins are seeing green today. Let’s take a closer look at why this may be.

TRON (TRX)

TRON, now the world’s ninth-largest cryptocurrency by total market cap, is seeing the most percentage gains today out of all the top 25 digital currencies. The dApp-focused blockchain project has had quite the week of volatility.

Earlier this year, TRX saw a massive spike in its price, rising over 30% in less than 24 hours. However, the coin fell to -25% percent days after its high.

Lately, TRON has been focusing specifically on its joint project with BitTorrent. Lately, Justin Sun has been tweeting about the BitTorrentToken airdrop taking place for TRX holders. It seems a majority of the major cryptocurrency exchanges that hold TRX will be supporting the airdrop.

Last weekend, TRON held its niTRON Summit in San Francisco. Kobe Bryant spoke with Justin Sun to close out Day Two of the event. Bryant is an NBA legend and now venture capitalist, but during his sit down, Bryant didn’t mention anything TRON, crypto, or even blockchain related. This segment of the day was the most attended part of the event, and that seemed to be the point of including it.

Many other cryptocurrency conferences have done just that. Ripple (XRP) is notorious for bringing in random celebs at these sorts of events. It remains unknown at this time if the event is what has caused the sudden spike in TRON prices.

>> Japan’s SBI Group Invests $15 Million in Tangem Crypto Wallet

According to CoinMarketCap, TRX is trading at $0.0253 a coin, up 5.66% in 24 hours.

Ripple (XRP)

XRP is seeing green today, while most other major digital currencies are in the red. Ripple hasn’t released any recent news since January 17th. At that time, the company released a blog post targeting a discussion held at its Swell 2018 conference held last fall. Earlier this month, Ripple announced RippleNet had surpassed 200 customers worldwide.

While XRP isn’t up as much as TRON today, it remains unknown why XRP is seeing gains when most other coins with recent news aren’t. Still, the daily gains or losses in coins rarely reflects the progress the actual project is making in the blockchain space.

According to Yahoo Finance, XRP is currently trading at $0.32 a coin, up +0.07%.

Featured Image: Depositphotos © Primakov

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TRON (TRX) Up Almost 50% This Week

The world’s eighth-largest cryptocurrency, TRON (TRX), is making quite the bull-run this week. Throughout the entire crypto community, it is known that TRX, in the past, has been ‘pumped up’ on announcements of ‘potential partnerships.’ Justin Sun, TRON’s founder, is notorious for these types of marketing schemes via Twitter.

Is this the cause of TRX’s most recent bull run? Let’s find out!

 TRON (TRX) Up Almost 50%

The big bull run started on January 7th. On this day, Justin Sun released two tweets.

The first tweet was an outlined weekly report TRON’s developers have released ever since late-2017. Just after this report was released, Sun announced that TRX was available on BitKeepOS.

BitKeepOS is a decentralized multi-chain wallet that is in 16 different countries and is used by millions of users. It remains unknown at this time if this is the cause for the coin to rise, but this is the only piece of news that could have contributed.

A few months back, TRON acquired BitTorrent, and the company has been steadily working on that project. The company just released a whitepaper on the new BitTorent Token (BTT).

The new whitepaper reads:

“TRON Foundation and BitTorrent Foundation are introducing a new cryptographic token called BTT along with an extended version of the BitTorrent protocol in order to create a token-based economy around the usage of networking, bandwidth and storage on hundreds of millions of computers on the internet. Our initial entry point is to introduce token-based optimizations to the existing BitTorrent protocol providing a way for the value of sharing bandwidth and storage to be captured by network participants beyond the point at which the current protocol no longer values it.”

Today, Cointelegraph reported that TRON has also secured its first Chief Compliance Officer that has a background with the SEC. This news may also be the cause for TRX’s rise on the market in the last 24 hours.

>> TRON Hires Former SEC Attorney: TRX Soars Today!

There has been quite a change in the company’s marketing tactics, though. It seems Justin Sun has dropped the ‘announcement of a future announcement’ tactics and only releases news when it’s something substantial—a positive step for the crypto community as a whole.

TRX Price Movement

According to CoinMarketCap, TRON (TRX) is currently trading at $0.029 a coin, up 14.18% in 24 hours.

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TRON Hires Former SEC Attorney

The 8th largest coin by market cap, TRON is running away with the gains today. According to coinmarketcap.com, TRX is up over 12% on the day, selling for just under $0.03 USD.

The reason for its bull run is a somewhat tongue-in-cheek new hiring. The blockchain platform has hired a former US Securities and Exchange Commission (SEC) supervisory attorney as its first chief compliance officer.

Anyone else finding this news ironically wonderful?

TRON made the announcement earlier today.

TRON Hires Former SEC Attorney

David Labhart, who used to work for the SEC as an attorney, is also being given the task of co-general counsel at TRON.

The company is deemed somewhat controversial mostly thanks to the publicity stunts of CEO Justin Sun. 2018 has been a good year for the blockchain, however, and it has grown steeply; it currently boasts over 1 million registered users. TRON is often considered a rival to the Ethereum blockchain in particular, as both focus strongly on dApp support. It was built as an alternative token development platform to Ethereum. As such, Sun regularly hits out at the Ethereum network.

>> Ethereum Hard Fork Draws Near: ETH up 71% on Verge of Update

TRX

TRX has climbed steadily this week, but today’s gains make it the best daily performer in the top ten.

Cryptocurrency regulation is no joke in the US. The ambiguous restrictions surrounding cryptocurrency make it increasingly difficult to trade in the assets. The issue lies with the true ‘class’ of digital coins as the Government body does not consider them viable securities.

The SEC has shut down hundreds of ICOs purporting to launch new coins into the space as a result

So it’s a tad ironic that TRON’s latest employee is a former SEC official. It is a very fitting action made by a controversial brand and surely has been done to make a point.

It wouldn’t be worth it if it didn’t raise a few eyebrows after all!

Featured Image: Depositphotos © Primakov

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