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Tron [TRX] steamrolls ahead in the DApp field as new report points out further developments

Akash Anand

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Tron [TRX] steamrolls ahead in the DApp field as new report points out further developments
Source: Unsplash

The Chinese Lunar year seems to have started off well for the Tron Foundation as the company has listed multiple update developments and future plans in its latest DApp weekly report. According to the report, the Tron community has developed 8 decentralized exchanges, 65 blockchain games, 47 games, 6 collection games, and 3 candy box projects.

The report also claims:

“In the current development of DApps in the entire industry, whether it is the layout of DApps or the user activity of DApps, Tron is in the leading position in the industry.”

The Justin Sun led company has said that the total number of DAUs are around 50,000 and the weekly growth maintains a growth rate of more than 10 percent. The company has aimed to reach the 100,000 mark in the first quarter of 2019.



Tron also talked about the developments in the Tron DApp UX department. Tronbet seems to be the go-to DApp for Tron and the organization claims that the “there has not been a Tron DApp that can shake up Tronbet’s trading volume”. The report also touched upon the DApp Cooperation undertaken by the company. It said:

“While developing the DApp ecosystem, Tron is also committed to bringing more Tron project parties and tokens to the traditional blockchain coin holders. Therefore, Tron has been collaborating with numerous token information websites to open up a Tron-specific area and exhibit the Tron project and token.”

Tron was also in the news recently when Tron’s BitTorrent grabbed the sixth position of trading volume. The reason this news was significant is the fact that it even left XRP and TRX behind in terms of volume. This good news for Tron came in the wake of the BTT token public sale that was done in association with the Changpeng Zhao led Binance. The public sale had gotten over in record time which was even announced by Justin Sun and CZ. Sun had tweeted:

“I would like to explore the possibility with @binance to giveaway free $BTT to everyone on launchpad fails to get #BTT today. #BitTorrent community wants you! Not 100% guarantee. Need to figure out detail. BUT RT if you agree! @cz_binance #TRON $BNB $TRX”





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Engineering graduate,crypto head and Arsenal fan. Is fascinated by technology and all its marvels. Strictly against pineapple on pizza.

Altcoins

Bitcoin SV [BSV] gets hit with another reorg as multiple blocks get orphaned, including a 128 MB block

Akash Anand

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Bitcoin SV [BSV] gets hit with another reorg as multiple blocks get orphaned, including a 128 MB block
Source: Pixabay

Bitcoin SV [BSV] and its proponents have been making headlines over the past couple of weeks, either due to developments or because of comments made by its major proponents, Craig Wright, the chief scientist at nChain, and Calvin Ayre.

The network was also hit with several members of the cryptocurrency community alleging that the cryptocurrency itself is a sham without any use cases, as evidenced by its delisting on several popular cryptocurrency exchanges like Binance, Kraken and Shapeshift.

The latest news added salt to BSV’s wounds after it was revealed that the network went through another blockchain reorganization on a 128 MB block. This fact was pointed out by Nikita Zhavoronkov, the lead developer of Blockchair, who had tweeted:

“Whoops! $BSV has experienced yet another reorg, this time 6 (six!) consecutive blocks were orphaned (#578640–578645), this chain included a 128 MB block #578644 🤦‍♂️ The network was basically stuck for 1.5 hours, and this shows that even 6 confirmations are not enough.”

Orphaned blocks are valid blocks which are not part of the main chain. There are ways that they can occur naturally when two miners produce blocks at similar times or they can be a result of an attacker with enough hashing power using it for nefarious activities like reversing transactions.

A major reason why this reorg event made news was that a major 128 MB block was stuck in transaction, something that was not supposed to occur according to the initial claims made by the SV camp. Supporters of the cryptocurrency, however, have stated that despite being slower than promised, the transactions on the block settled faster than that on a Bitcoin Core block.



One supporter of BSV, mboyd1, tweeted:

“Orphaned blocks are a feature, not a bug”

To this tweet, Zyo, another cryptocurrency enthusiast replied:

“yes, but orphaning 6 blocks in a row is not good, that means that 6 confirmations is not safe. It’s a bug because the 100+ MB take way too long to propagate and validate. There is a reason why BCH doesn’t have [yet] 100+ MB blocks.”





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