Tron TRX Cryptocurency Space

TRON (TRX) Progressing in their Own Way in the Blockchain and Cryptocurrency Space

October 26, 2020 Off By Steven Anderson

The recent change in TRON statistics changed from October 02, 2020 through October 15, 2020.  Reportedly, TRON total accounts exceeded 12.1M on October 15, 2020.  Accordingly, the total transactions have surpassed 1.25B.  Block height exceeded 24.1M. Circulation amount of TRC20 – USDT has exceeded 4.3B.

Justin Sun tweeted:  “$TRX & $BTT is on the list of HB10 Index of @HuobiGlobal. HB10 Index is composed of 10 coins that are listed on Huobi and have the higher market value, larger scale and better circulation to reflect the overall performance of Huobi Global’s market.”

Further, Justin Sun stated that they are considering to put SUN as a part of JUSTSWAP.ORG token and enhance the synergy between TRON ecosystem products.

This means that if you provide liquidity to JustSwap you would receive SUN as a reward. Right now you are getting the rewards paid in form of the coins you are providing. This is really bullish for SUN.

Sydney Ifergan, the crypto expert tweeted:  “TRON (TRX) are making the best out of DeFi time, while solving the DeFi market’s segmentation, interoperability and all-in-one money market DeFi hub on Equilibrium DeFi.”

Several TRX holders are holding since they started with $TRX.  They are hoping to see lot of good projects which can indeed lead to lot of financial freedom.

Some of the new users are looking for some training material to understand the other use cases of TRON other than Dividends, Jackpots, Payment instrument, Farming, Staking, and Voting.

TRON (TRX) Knowledge

In this week’s TRON Knowledge, they have clarified thoughts about what is TRON?  They have to state that TRON is one of the largest operating system that is based on the blockchain dedicated to building the infrastructure for an internet that is truly decentralized.

For those who do not understand, TRC‌-20 is a technical standard used for smart contracts on the TRON blockchain for implementing tokens with the TRON Virtual Machine (TVM). It is fully compatible with ERC‌-20.

The long-term roadmap of TRON reportedly has six phases and they are also consecutively rolling out new initiatives to provide P2P file sharing, after the Tron’s acquisition of BitTorrent, content creation, crowdfunding and gaming. 

Of note, most of Tron’s network activity are driven by gaming and gambling DApps, It is very evident from the strategic acquisitions of Sun that they clearly slot themselves within the roadmap to accelerated development and adoption.

Needless to say, the aggressive marketing strategies are a must learn from TRON.  Criticisms apart, they are progressing in their own way.

If you like the article, feel free to send a tip to our writer in TRX to: TJm3DQyj18Mop1GAcdT5yBaZVPkyEJCJaS or any other Cryptos via this link.

The TCAT team.