Connect with us


Tron [TRX] Super Representative Election election day! Stop, check, and vote

Ranjitha Shastry



Tron [TRX] Super Representative Election election day! Stop, check, and vote
source: Unsplash

It is Tron SR Election election day today! TRON community will hold the first Super Representative Election and based on the votes, they elect 27 Representatives. After the elections, Tron mainnet will begin the Constitutional Phase, where the system is co-governed by the entire community. Tron Community exclaimed:

“This is the ultimate phase of an independent TRON mainnet.”

Justin Sun tweets about the election day | Source: Twitter

Justin Sun tweets about the election day | Source: Twitter

Yesterday, Tron community completed the 12-hour long live video streaming of its independence day wherein the SR candidates gave a brief about the how, why, and what of their plans with Tron. June 25th is marked as a significant day for Tron as they move to their own and official mainnet.

The beta version of the same was launched on May 31st and is now away from the Ethereum [ETH] blockchain, ERC20.

The Super Representative candidates come from various parts of the world who have diverse backgrounds and businesses in cryptocurrency. Some of them are:

  • 34rth from Europe
  • BeeCool from Chain
  • ALPHACOIN from Singapore
  •  Antpool- Bitcoin’s leading mining pool
  • Bitcoin God who will donate all proceeds to charity
  • BitcoinWorld the internet finance company
  • Bixin platform dedicated to letting everyone hold and use blockchain assets
  • BTCC Pool the  cryptocurrency mining pool
  • Charity Compassion Coin- a nonprofit organization
  • ChainDD-information and financial data platform
  • Cobo Wallet a leading cryptocurrency wallet
  • Community Node- providing a cloud-based node
  • Crypto Girl from Bucharest, Romania,
  • CryptoChain from Brazil,
  • Crypto Guy from South Africa,
  • DAC- blockchain-based audio content platform and the other 20+ platforms.

BitMEX “due to popular demand” is said to list TRX/BTC on September 28th, 2018. Futures contract and TRXU18, on or before June 26th, 2018. The first batch and the second batch of new TRX tokens are distributed, Justin Sun tweets on 24th June:

“The first batch of new #TRX token during the raffle in live stream was already distributed to #TRONICS new #TRON addresses, #TRONICS can enjoy our free, autonomous, and self-governed decentralized internet with high TPS now.”

“#TRON The 2nd batch of new #TRX was already distributed to some #TRONICS, congrats to these lucky guys, stay tuned for the next news.”

Drew Wise [teamTRONICS], Co-Founder of Team Tronics commented:

“Happy Election Day @justinsuntron best of luck to all candidates.”

Subscribe to AMBCrypto’s Newsletter

Follow us on Telegram | Twitter | Facebook

Ranjitha Shastry is a part of AMBCrypto's News Reporting Team. Having done her major in Journalism and mass communication, she is passionate about business and economic journalism.


EOS, Tron [TRX] and Ethereum [ETH] are top three cryptocurrencies, says China’s CCID Group

Akash Anand



EOS, Tron [TRX] and Ethereum [ETH] adjudged top three cryptocurrencies by China's CCID Group
Source: Pixabay

Analysis of the cryptocurrency market by various global entities has been a standard procedure for a lot of organizations to keep track of the updates and developments in the field. One such major analyst is China’s CCID Group, which works under the Xi Jinping-led country’s Ministry of Industry & IT [MIIT].

In the latest edition of CCID’s Global Public Blockchain Technology Assessment Index, it was stated that EOS retained its title as the best cryptocurrency according to three factors assigned by CCID. The three factors were basic technology, applicability, and creativity, criteria that are aimed at assessing the most effective digital assets in the market right now.

In terms of basic technology, EOS scored a whopping 103.7, making it the only cryptocurrency to breach the 100-mark. It received a score of 20.2 and 24.7 when it came to applicability and creativity, respectively. The surprising result of this assessment was that Bitcoin [BTC], the largest cryptocurrency on the charts, did not even feature in the top-10 of the CCID rankings.

According to the analysis, Tron came in second with a Basic tech score of 95.6 and an applicability score of 24.3. Tron CEO Justin Sun had stated multiple times that EOS and Ethereum were Tron’s biggest competitors, but it turns out that it had the lowest creativity score among the three, clocking 24.1 to Ethereum’s 31.0.

The third-ranked cryptocurrency was Ethereum [ETH], sticking to the trend as all the three cryptocurrencies were focusing on DApps. Despite being third in the rankings, Ethereum had the lowest basic tech score, with its 76.6 being lower than that of relatively smaller coins like Steem and Ontology.

There seem to be some connection with DApps and the CCID rankings as these applications slowly entered the main fore in the cryptocurrency environment. Sources informed that Tron DApps had recently surpassed that of Ethereum and EOS in terms of weekly active and new users.

Subscribe to AMBCrypto’s Newsletter

Continue Reading