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Tron [TRX] to be listed on KuCoin, gives a boost before TVM launch

Akash Anand

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Tron [TRX] to be listed on KuCoin, gives a boost before TVM launch
Source: Unsplash

On 26th August, Justin Sun, the Founder, and CEO of Tron announced that the TRX token will be listed on KuCoin, a Singapore based worldwide cryptocurrency exchange. He also stated that the trading pairs, TRX/BTC and TRX/ETH will be available on 28th August, two days before the launch of the Tron Virtual Machine.

Justin Sun's tweet | Source: Twitter

Justin Sun’s tweet | Source: Twitter

KuCoin states that they aim to provide users with seamless digital asset transactions and exchange processes. The exchange provides users with the option of more than 350 trading pairs.

KuCoin was also in the news recently when it announced Merculet [MVP] as part of its tradable cryptocurrencies. MVP, the official digital currency of Merculet is now accessible on KuCoin with trading pairs including MVP/BTC and MVP/ETH.

The Foundation had also announced a few days back that the TRX token can be traded on CoinSwitch. He also stated that the daily trading volume on the cryptocurrency exchange aggregator has been reaching a total amount of $1 million during the course of 2018.

The Tron juggernaut has been on a roll with the Foundation announcing multiple updates and tie-ups prior to the launch of the Tron Virtual Machine on 30th August.

According to Justin Sun, the Tron Virtual Machine will be compatible with the Ethereum Virtual Machine. This would enable the Ethereum Virtual Machine developers to go onboard with the Tron platform for ‘almost free’. Moreover, the virtual machine is going to provide the developers with a secure, efficient, stable, scalable, and convenient blockchain system.



In addition, the theory of Bandwidth is going to be applied to the Tron Virtual Machine. There is no fee imposed on the transaction operations or smart contracts. During the launch of the beta version, the CTO of Tron Foundation, Lucein announced that the Tron dApp ecosystem is going to be divided into 3 parts – Development tools, Engine Tools, and third-party tools.

At the time of writing the TRX token was enjoying a noticeable surge of 5.68%. The coin was trading at $0.023 with a market cap of $1.52 billion. The cryptocurrency has been undergoing a temporary jump in and out of the top ten cryptocurrency club with TRX currently nestled at the 12th position.





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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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