Tron, in a recent announcement, has announced the launch of Project Genesis [TRON PG] to express the virtual currency’s gratitude for trust and support of the developer community at Tron. They have added a set of dates ranging from March 2018 for a GITHUB plan to September 2018 for DEV CON.
Tron is a platform that allows users to build and store applications and permitting them to execute smarts contacts which exist on the blockchain. This is very helpful for the entertainment industry.
This comes amidst the big fanfare regarding the Tron Main net launch which is scheduled on May 31st.
Tron has increased by 10% in its value against the dollar in the past one week and is currently priced at $0.040 with a market cap of $2.6 billion.
Tron has never failed to excite its followers with constant announcements and continuous posts throughout the week.
The schedule for TRON PG is as follows:
- March 2018 – GitHub Plan
- April 2018 – Bug Bounty
- April 2018 – TRON Loan
- April 2018 to June 2018 – Programming Contest
- May 2018 – Meet Up
- September 2018 – Hackathon
- September 2018 – DEV CON
- Blockchain Investment Fund
James Simon, a Tron believer says:
“Tron gang is gearing up for war. It’s nice to see that Tron is publicly putting so much effort into the project, with multiple angles of attack/ideas. Genius!!!!”
Samrak, a Tron investor tweeted:
“This will be epic for TRX. It will be Project unlike any of the others out there in the market. Keep going Tron, you are the best, unique and different from everybody else. Don’t care even if the entire world mocks at you, we believe in you and your team and your fantastic ideas.”
Bruno, a market observer commented:
“Well done, nice to see an announcement like this Tron has been a little too quiet lately, I can feel a bullish few weeks……”
Bitfinex partners with EOSIO as a Blockchain Producer
Bitfinex, headquartered in Hong Kong is the largest Bitcoin trading platform with over 10% of the exchanges’ trading. They offer state-of-the-art services for digital assets and liquidity providers. While their search for advanced technologies with the capacity to meet high-demands of a high-volume blockchain both legally and technically was in process, they came across EOSIO community to which they believe they can contribute significantly.
Latest tweet by Bitfinex:
“Bitfinex is pleased to present itself as an EOS Block Producer candidate.”
Bitfinex will act as an incubator to fund, nurture and advise teams that are serious about the future of EOS. Their team is an assortment of more than 100 experts from the industry including a highly versatile development team, legal experts, technical support agents, and industry advocates.
“Our team has gained invaluable industry experience along the way, and we aim to make use of this to enrich the teams around us — sharing information and providing guidance whenever possible.”
Being a block producer candidate, they pledge to grow the open-source nature of the decentralized digital asset space. This is done through intense research, collaborations, and community development. They aim to combine the potential of EOSIO with their own terms of research, development, and adoption at a much higher level.
A high-performance decentralized exchange platform, EOSfinex also aims to combine the scalability and potential of EOSIO. It is built on EOSIO technology, along with the financial/development expertise of the Bitfinex development team. EOSfinex looks forward to delivering a highly-scalable, on-chain trading platform.
“EOSfinex has been developed by considering speed, transparency and scalability and will be the first trust less exchange to be implemented on EOSIO-based networks.”
Apart from the development of a trustless exchange, EOSfinex will be leading the development of a secure and intuitive EOS wallet as well. The partnership is meant to leverage EOSIO’s platform for horizontal scaling of DApps. As their continuous search led them to the EOSIO platform, they aim to process tens of thousands of transactions per second with the lowest fees.
Judy Steven, a Bitfinex user says:
“This is exciting. I’m interested in learning more about this “intuitive wallet” you are developing.”
Ariana Paul, a speculator says:
“Congrats Bitfinex! Looking forward to seeing what great accomplishments Bitfinex will bring to the EOS ecosystem. I can see a three-digit price for EOS soon.”
Lessie Grundon, a market observer said:
“Honestly, I don’t think this is good. To me decentralisation is all about random people having a right to produce blocks and vote the way ahead.”
EOS has been one of the top gainers in the market that has turned bearish recently displaying significant volume gains up to 52% and currently trading at $13.19. The market cap has also noticeably gained and is worth $10 billion roughly as seen at press time.
Jed McCaleb talks about the foundation of Stellar Lumens [XLM]
The BayPay Thought Leadership event was held on 19th April, where Jed McCaleb, the Co-Founder, and CTO of Stellar Development Foundation spoke about the past, present, and future of Stellar.
He started by explaining how the transactions on Stellar work and about how they get banks on board. He says that banks are not the first ones to take up this system of transaction. However, smaller financial institutions like money transfer operators that focus on payments will be more open to adopting this method of sending money.
“We are working with a few banks and none of them are in production. I don’t think of the banks using cryptocurrency are in production… I don’t think they’re going to do anything until they see a lot of money flowing somewhere else in the ecosystem first because they are the most risk-averse, they have the most to lose essentially.. we spend most of our time outside the US – mainly focus in South Asia, Africa.”
He further explains that there is a lot of friction in places where people do not have bank accounts, wherein the adoption of the Stellar network makes it easier for them to adopt the system.
When asked about how much responsibility they have as a network to allow ICOs to function, Jed talks about the company being unable to stop anyone from issuing a token on the network but they wouldn’t be involved in the same. However, he says “Our responsibility falls on the ones that we do work with.. we want to make sure there is reputable and valuable projects”.
He also says that people need to be careful while investing in ICOs as these are the early days in the space, due to which there are a lot of scams and fraudulent activities.
A crypto enthusiast commented:
“This was a great discussion. I loved how Jed did a great job answering the questions even though they were irrelevant. I think it could have been more detailed about the backstory of Stellar and the challenges the faced instead of talking about Jed’s life history. Im sure the audience wanted to know more than just unnecessary things.”
‘Bitcoin [BTC] to hit $250,000 in four years’ – Says early internet investor Tim Draper
Finland’s tax department – 30 Million Euros in the hole as thousands of Bitcoin [BTC] traders owe taxes
‘Error-free Bitcoin [BTC] and Bitcoin Cash [BCH] payments’ – Says BitPay with their updated Checkout app
Bitfinex partners with EOSIO as a Blockchain Producer
EIP 999: Ethereum [ETH] Improvement Proposal to unfreeze $260 million
John McAfee stands by his Bitcoin [BTC] prediction for 2020 – says Fiat will devalue!
[Video 2]: After Pornhub, Brazzers now confirm that they will accept Verge [XVG] as crypto payments
Verge [XVG] to finally unfold the mystery partnership tomorrow
Pornhub recieves thousands of payment through Verge [XVG]
[VIDEO]: Pornhub to accept Verge [XVG] cryptocurrency for payments – Drops by 24%
Altcoins2 days ago
TRON [TRX] and EOS – Ready for the bull train – Sentiment Analysis – 22 April
Bitcoin3 days ago
[VIDEO] Bitcoin [BTC] ATM at convenience store robbed using bear spray
Ethereum3 days ago
Amazon releases its blockchain template that allows Ethereum [ETH] mining
Altcoins3 days ago
TRON to airdrop 30 Million TRX to the Ethereum [ETH] community – a sign of Good Faith?