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Tron Weekly Report: Highlights all level-A exchanges upgraded nodes to 3.5

Namrata Shukla

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Tron Weekly Report: Highlights all level-A exchanges upgraded nodes to 3.5
Source: Pixabay

Tron [TRX] slipped from the top 10 cryptocurrency list on CoinMarketCap owing to the bear market. However, the Tron Foundation is trying to make up for it by announcing a slew of technical developments and other activities.

According to the present weekly report of the Foundation, the team added a data backup function on the technical development front. The team also completed the sidechain architecture’s general design. The new data backup function, however, is still being tested, while work is also being done on anonymous transactions.

The developer’s community worked on TronGrid’s API unit, integration, and load testing. The report stated that the team improved write performance to tables and designed schema for normal transactions and transaction history. On the 3.5 upgrade, the MainNet version is on 3.5 and all level-A exchanges have upgraded nodes to 3.5, while 15 out of 17 level-B exchanges upgraded nodes to 3.5.

The developer’s tools like TronWeb and TRON Quickstart were improved by the addition of new features. The report also claimed to have improved infrastructure maintenance procedures.



Tron also announced its listing on the trading platform, eToro. Justin Sun, the CEO and Founder of the Tron Foundation, stated that eToro was a great platform to manage assets. He added:

“These steps will help grow the blockchain community and expand our reach around the world.”

Apart from Tron, the report also included BitTorrent Token [BTT] developments. BTT was well received by the Tron community and at press time, it was listed on 35 exchanges including Binance, OKEx and Huobi. Troncard, a crypto exchange, also announced its support for the BTT airdrop program. Apart from supporting the airdrop, BTT and TRX were also listed on AltCoinTrader.





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Bitcoin

Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra

Febin Jose

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Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra
Source: Pixabay

Bitcoin [BTC], the world’s largest cryptocurrency, saw a significant surge earlier this month, helping the coin break strong resistance at $5,000 and $5,200. Following the great fall of the king coin in early 2018, the Bitcoin ecosystem was struggling with scalability and technological issues, eventually leading to the hard fork.

Bitcoin.org’s Cobra, who is also the co-owner of Bitcointalk.org, has always maintained that Bitcoin was the cryptocurrency to look out for through his various Twitter bouts with prominent personalities in the cryptoverse. Due to his strong, unbridled support for Bitcoin, he has often trashed altcoins for their low market dominance.

In a new Twitter thread, Cobra spoke about the “biggest threat” to the Bitcoin ecosystem. Even though many crypto-enthusiasts believe that governments and technological issues were the biggest threats to the king coin, Cobra had a completely different opinion.

According to the Bitcoin maximalist, users have the potential to signal Bitcoin’s doom. His tweet read,

Source: Twitter

Source: Twitter

Though most Bitcoin supporters usually support his opinions, this tweet was met with a lot of resistance. Twitterati swarmed the thread in an attempt to prove him wrong. A user named @MrHodl alleged that this could not be true as Bitcoin had “no community.” He added that this, in turn, prevented toxicity in the ecosystem.

Cobra replied to the tweet stating,



“I think there is a community, it’s just not fully representative of everyone with a stake in Bitcoin. Most holders are quiet and not too familiar with what’s going on. There’s people with 1000+ BTC and they don’t engage at all with discussion platforms, just lurk.”

Some Twitter users took it as an attack on Bitcoin investors and opposed Cobra’s stance. A user @CarstenBKK commented,

“Maybe I am lost in translation. What do you wanna tell us? That you are part of Bitcoin network of people owning/using it, but you are just disgusted by the idea, that the network is called community in the sense of direct human collaboration and affection to the groups ideals?”

Previously, Cobra had accused Twitter’s Jack Dorsey and Square Crypto of pandering to Bitcoin users, while also suggesting that the crypto project was merely a way to bring in more users for Dorsey’s CashApp. His tweet read,

“Gotta respect how hard @sqcrypto is pandering to Bitcoiners. Very clever how @Jack has embedded himself in the community; in return the community promotes @CashApp, which gives that service a small but dedicated and activist group of early users.”





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