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Tron [TRX]’s Super Representative Elections and how to be a part of it?

Laira Rebecca

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Tron [TRX]’s Super Representative Elections are around the corner and how to be a part of it?
Source: Pixabay

On 12th April, the Tron community received an open letter from Justin Sun, the CEO of Tron. The letter detailed about the first Super Representative Elections which is scheduled on 26th June. Super Representative Elections will take place right after the Mainnet token migration which is expected to end on 21st June.

By the successful completion of the election, 27 Super Representatives will be elected out of the one million Tron proponents. These Super Representatives will have a major role in the future governance structure of the firm and mainly they will represent the will of the people. They will also act as guardians of the Tron network and actively participate in the calculation and validation of the network.

Justin Sun says:

I have always believed deeply in the values of sovereignty of the people, and natural rights of the people. In the cryptocurrency world, we’re talking about the sovereignty of the token; the natural rights of the token! Each token is of vital importance, as they are the keys to decentralizing network power.”

A Tron enthusiast says:

Amazing job your whole TRX project”

Kim, a Twitterati says:

@justinsuntron I love how you make business well.“

A recent tweet by Justin Sun explains steps to apply for the Super Representative Elections.

Following are the steps mentioned:

Step 1: Visit ‘https://tronscan.org’

Step 2: Create an account on the portal by selecting the ‘register/login’ option.

Step 3: Select the register option.

Step 4: An auto-generated account Address, Password, and Private Key will be displayed on the screen. Users are advised to make a note of the above-mentioned details for future use.

Step 5: Select all the 3 checkboxes on the same page and click on ‘Create Account’.

Tron registration page

Tron registration page

Step 6: Go through the reminders on the next page and click ‘OK’.

Tron Reminders

Tron Reminders

Step 7: Click on the drop-down at the top right-hand corner (Account icon) and select ‘Apply Delegate’ Option.

Step 8: the personal website address and hit ‘Submit’ button to complete the operation.

Apply for delegate

Apply for delegate

Step 9: To confirm the successful completion of the session, navigate to the ‘candidates tab’ and search for your ‘personal website address’.



If your application, is successful, then the following page will be displayed with your website details.

Justin continued:

“I would like to call on each and every TRON supporter to contribute to the TRON Protocol by participating in the election or running to become a Super Representative while recognizing the choice represented by each TRX vote. It is my sincere wish that each TRX holder will cherish and exercise their rights by voting.”





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Laira is a full-time writer at AMBCrypto. She is a Computer Science graduate and she has about 1-year experience in writing. Her enthusiasm and keen interest in developing her knowledge about blockchain and cryptocurrency led her to be a part of AMBCrypto. She currently does not hold any value in cryptocurrency or its projects.

XRP

XRP shorts overtake XRP longs as USD shorts increase 85 percent on April 17

Akash Anand

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XRP shorts overtake XRP longs as USD shorts increase 85 percent on April 17
Source: Pixabay

The cryptocurrency market’s volatile behavior was reflected in the ‘buy-in and sell’ sentiments. Despite the bear market taking over again, analysis of the market shows that there are some silver linings. XRP, the third largest cryptocurrency in the market, has not had a fantastic start to 2019 and this was even shown during the recent bullish spike.

XRP was one of the worst performers among the top 10 club at a time when some of the other currencies saw double-digit gains and Bitcoin [BTC] broke the $5000 barrier. New analysis, though, points to the fact that there has been a significant rise in XRPUSD longs on Bitfinex, some even registering record gains. Reports from BehindtheLedger stated that:



“Some are discussing record high XRPUSD longs on Bitfinex. It’s good to look at the ratio of shorts to longs (or vice versa if you prefer) rather than just the longs though. Doing so reveals that shorts have increased more than longs in the past few days.”

At a time when the XRP shorts are on a high, the USD shorts were up by a massive 85 percent on April 17. The analysis from behindtheledger also admitted:

“This isn’t a price prediction and frankly, this indicator probably isn’t reliable

But it’s always good to look at both sides of the equation.”

XRP’s trade has been majorly influenced by developments in its realm with the last major claim coming from Coincheck as the organization provided over-the-counter trading support for Ethereum and XRP on its platform. The exchange had announced:

“ETH XRP has been added to the target currency for large OTC transactions! We are pleased to announce that ETH and XRP have been newly added as target currencies at the Large OTC Trading Service, which has started on April 1, 2019.”





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