Tag: TRON

TRON (TRX) ALL SET TO REVIVE ITS EXISTING TECHNOLOGIES WITH NEW UPGRADES

The developers of TRON (TRX) are all set to upgrade and enhance the bitcoin network functionality and it is also coming up with many new technologies as reported. TRON (TRX) is one of the largest platforms for building and deploying decentralized applications (dApps).

Misha Lederman, the co-founder of IAmDecentralized.org, based on the decentralized ideals of Tron has said that the Tron (TRX) platform is coming up with the following developments:

  • “BitTorrent Speed, $BTT,”
  • “Institutional-friendly multi-signature & account management,”
  • “USDT-TRON stablecoin launch on #TRX blockchain,”
  • “Implementing privacy option for transactions.”

Misha Lederman an advocate and active voice for Tron (TRX) said that the platform will be coming up with the upgradation in the second quarter of this year.

Let us discuss each upgradation in detail. First up is the BitTorrent Speed, Tron (TRX) acquired BitTorrent last year for around 140 million United States Dollar following which Tron (TRX) user base has increased significantly. Now to improve the experience of users Tron (TRX) is coming up with BitTorrent Speed for improving bandwidth and seeding.

Furthermore, Justin Sun had announced the following major developments on the decentralized networking application (dApps) via Twitter on February 24.

  • “hard fork upgrade” (already activated on February 28th),
  • “Multi-signature [wallets] and [new] account management features for institutional investors,”
  • “Dynamic energy adjustment to real-time network performance,”
  • “50% up performance & res usage,”
  • ”Better [virtual machine] VM safety, events server for dApps.”

The users are eagerly looking forward to the developments and upgrade as it is going to be very useful.

Moreover, Tron (TRX) has entered into a partnership with Tether Ltd. Which the developer of the world’s largest stable digital coin (USDT) and both will together develop a new Tron based USDT that will help the dApp users in a number of ways. Tron is planning things in a really big way and how things play out remains to be seen but it can be said with confidence that users, Tron Foundation and Tether Ltd. will surely benefit a lot.

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Okex Cryptocurrency Exchange Lists Tron on its P2P Platform

According to a press release, a Malta-based cryptocurrency exchange OKEx has begun listing Tron (TRX) on its customer-to-customer (C2C) trading market.

OKEx’s decentralized C2C trading platform allows users to trade digital assets directly with one another, very similar to a peer-to-peer (p2p) model. On the platform, users area unit ready to place orders with self-selected exchange rates and payment strategies together with cryptocurrencies and fiat currencies like British pounds, Chinese renminbi, Vietnamese dong, Russian rubles, and Thai Bhatt. Following the listing, the exchange can launch many promotional events for users trading TRX.

In late Feb, OKEx started listing Ripple (XRP) and Bitcoin money (BCH) on its C2C platform. At the same time, OKEx proclaimed the delisting of 3 cryptocurrencies: modern (NEO), QTUM (QTUM) and Exchange Union (XUC).

Also last month, OKEx started four new crypto listing pairs to its platform, enabling users to trade Bitcoin SV (BSV), QTUM, DASH (DASH) and modern against Bitcoin or Tether on margin with a 3x leverage choice.

OKEx is presently the second largest cryptocurrency exchange by adjusted trade volume, in keeping with CoinMarketCap. The exchange’s adjusted trade volume at press time is $809 million.

TRX is presently the tenth major cryptocurrency by market capitalization. At press time, the coin is trading at around $0.023, having lost regarding one.4 % over the last 24 hours.

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Dogecoin (DOGE) is Most Popular in Terms of Active Addresses than Tron, XRP and Litecoin

According to data analytics, Dogecoin has 72,000+ active addresses and is ranked in the third position. Above Dogecoin is Ethereum with the 169K+ active address. and at the top is Bitcoin (BTC) with a 521K active address.

According to a report, an address is as an active verified address if that have participated in a transaction at any point in the past 24 hours. The active address does not consider private transactions, as their transaction address are hidden due to stealth technology.

While on the other hand, media is busy in praising Tron and XRP, our favorite meme cryptocurrency is more popular, in terms of active addresses, than any other cryptocurrency only to be surpassed by Bitcoin (BTC) and Ethereum (ETH).

Based on the above metric it is safe to say Dogecoin has more transactions in 24 hours. Dogecoin is followed by Dash with 71K+ active address, Tron (TRX) with 70K+ active address and Litecoin (LTC) with the 68K active address. Lowest among the cryptocurrencies is XRP with a 4K active address.

One interesting point that comes out of all this data is more and more people are transacting in Dogecoin rather than the top 10 cryptocurrencies.

Dogecoin Trading (Buying and Selling)

Dogecoin is currently trading at $0.0018 a 1.8% decrease in the last 24 hours. Dogecoin has a current market capitalization of $220 million. Moreover, Dogecoin’s price is still relatively stable compared to other cryptocurrencies.

Dogecoin can be traded on these cryptocurrency exchanges: Instant Bitex, BTC Trade UA, Bitbns, C-CEX, BX Thailand, BiteBTC, BtcTrade.im, Bittylicious, Bittrex, Novaexchange, HitBTC, BCEX, CoinExchange, BitFlip, Sistemkoin, Trade Satoshi, Stocks.Exchange and Koineks.

It is usually not presently possible to purchase alternative cryptocurrencies such as Dogecoin directly using U.S. dollars. Investors seeking to trade Dogecoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dogecoin using one of the aforementioned exchanges.

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