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Tron Weekly Report: Team announces BTT airdrop date; verifies TRC20-USDT query on Shasta

Namrata Shukla



Tron Weekly Report: Team announces BTT airdrop date; verifies TRC20-USDT query on Shasta
Source: Pixabay

Tron Foundation has been working towards the development of Tron’s ecosystem for a long time. Tron’s weekly report informed the community that the Foundation is currently testing a deferred transaction, along with developing an anonymous transaction for the wallet. It also highlighted that the team is testing the latest version of the solidity compiler.

Tron’s team also successfully enhanced the success rate of transaction broadcast and improved documents in multi-signature. As for the developer’s community, it informed that the TRC20-USDT query was verified on Shasta, a private test network, for Block parser. In last week’s report, it was noted that the devs had started working on version 1 of the BitTorrent File System [BTFS]. This week, the devs created smart contract integration demonstration and MVP [Minimum viable product] DApp using TronWeb API library and Tron Link.

The devs also created an outline of Hash Gallery DApp. The team announced the conclusion of the USDT-Tron -Tron USDT audit and scored 93/100. The report also informed the community about the BTT airdrop taking place on November 4. Apart from the airdrop, the report stated that the newly launched token was listed on 42 exchanges and BitAsset will soon list BTT on its digital trading platform.

Tron, the eleventh largest coin on CoinMarketCap, noted a 2.43% growth after being attacked by the bear. The cryptocurrency was valued at $0.0271 with a market cap of $1.81 billion. The 24-hour trading volume of the coin was noted to be $357.07 million, and it plunged by 7.73% over seven days.

OKEx traded highly in Tron via the TRX/USDT pair, noting a volume of $42 million. HitBTC took the second spot and the third place, noting high trade volumes via TRX/USDT and TRX/BTC pairs. TRX/USDT recorded $39 million in volume, while TRX/BTC noted $28 million in volume.

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Binance Chain’s ‘decentralization’ questioned by Bitcoin enthusiast; calls Binance DEX just an app




Binance Chain's "decentralization" questioned by Bitcoin enthusiast; calls Binance DEX as just an "app"
Source: Unsplash

Udi Wertheimer, an independent developer and a “Bitcoiner” posted a series of tweets taking a jab at Binance Chain, which is slated to launch on April 23.

According to Wertheimer’s tweets, Binance has not updated the “source code” or “binaries” for the Binance Chain; and despite enquiring about it on the official telegram group of Binance, he was offered any source code.

He said that Binance recommended users, who want to migrate tokens to Binance chain, use the official SDK, which will be done via official HTTP API using Binance’s trusted servers. Binance DEX, which will make use of the Binance Chain, also has no source code or binaries which are open source. He stated:

“There’s almost nothing there. So I looked for the source code. Guess what, THERE’S NO SOURCE CODE. They only have binaries, and only for a light client, no full node at all!”

He commented on the Binance Chain and the Dex that all Binance did was release an “app that connects to the API of your new centralized infrastructure”. In addition, the “Light Node” is a program that helps users access and interact with the Binance Chain in a secure and decentralized manner; the source code for which is “closed source” according to Wertheimer.

Wertheimer further added:

“Just releasing the binaries won’t be enough, and there’s no indication I could find anywhere that they intend to release the source code, like, ever. In any case, regardless of what may happen in the future, what’s released so far amounts to nothing more than a new website.”

A Twitter user, @bag_holder commented:

“Lol seems like a very Chinese thing to do. “BORROW” IP, make some edits, then keep it to oneself”

Another Twitter user, @thecryptostefan commented:

“There’s a branch with the full node implementation, no? I thought they just hadn’t merged it to master yet when I was looking last night. I think it’s the prerelease branch or one of those.”

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