Tron to Include Zcash-Based Privacy Features, Announces Trusted Setup Ceremony

Tron (TRX) is set to feature zero knowledge-based privacy through the work of the TRONZ team. A trusted setup ceremony is set to be conducted soon, which Tron claims in a Jan. 17 blog post will “set a new Guinness World Record.” TRONZ is a privacy initiative that is set to integrate Zk-SNARKs, the core privacy technology of Zcash (ZEC), in the Tron blockchain. While the team claims its implementation is the “most efficient, and least resource-consuming privacy protocol in the world,” no technical details were released. Built with the…

Ethereum, Tron and EOS Dominated DApp Ecosystem in 2019

DappReview published its 2019 insights on the decentralized app (DApp) space in a Jan. 8 report. Just three blockchains accounted for 98.65 percent of total transaction volume, though EOS began to struggle in Q4 2019. Decentralized app aggregator DappReview summarized the main events within the DApp ecosystem in 2019. The value of on-chain transactions amounted to $23 billion, with 1,955 DApps added during the year — bringing the total number to over 4,000. However, the firm notes that in terms of the number of users, the entire space continues to…

YouTube, Tron and the Dream of Decentralization

The past few weeks have seen multiple instances of large, centralized tech giants censoring crypto-related content and activity. Noticed in the context of the Coinbase Wallet, Apple is pushing back against anything having to do with decentralized applications (dapps). YouTube caused even more of a stir when it took down hundreds of crypto-related videos from prominent influencers without any warning. It later reversed the action, claiming an error, but it was enough to get many to ask: Are decentralized alternatives possible?  As if on cue, Justin Sun popped up to…

Poloniex ‘Acquires’ Tron Network’s Biggest Decentralized Exchange

Cryptocurrency exchange Poloniex now controls the largest decentralized exchange (DEX) on blockchain network Tron (TRX), official reports state. Confirmed by Tron CEO Justin Sun on Nov. 29, Poloniex will now operate TRX Market under the new name “Poloni DEX.” Poloniex ‘acquires’ decentralized exchange The move comes a month after Poloniex itself spun out from owner Circle to form a new exchange that addressed regulatory problems in the United States. According to Sun, Poloniex “acquired” TRX Market, while it remains unknown what changed hands and what financial value the deal generated.…

Tron Founder Justin Sun Admits to Investment in Crypto Exchange Poloniex

Tron (TRX) founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle. Sun said he was one of the investors who acquired the trading platform in a livestream published by the official Poloniex Twitter profile on Nov. 12. Furthermore, he noted that the exchange operates independently from his firm, the Tron Foundation. In October, Sun refuted reports suggesting that he is leading an investment group behind the acquisition of cryptocurrency exchange Poloniex. Following the acquisition, Poloniex spun out from…

Tron Founder Justin Sun Admits Investment in Crypto Exchange Poloniex

Tron (TRX) founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle. Sun said he was one of the investors who acquired the trading platform in a livestream published by the official Poloniex Twitter profile on Nov. 12. Furthermore, he noted that the exchange operates independently from his firm, the Tron Foundation. In October, Sun refuted reports suggesting that he is leading an investment group behind the acquisition of cryptocurrency exchange Poloniex. Following the acquisition, Poloniex spun out from…

Bitcoin And Crypto Market Facing Hurdles: BCH, Tron, XLM, ADA Analysis

The total crypto market cap is currently correcting higher towards the $240.0B resistance. Stellar (XLM) price is performing nicely and it is up more than 5% above the $0.0750 resistance. Bitcoin cash price is likely to break the $300 resistance area in the near term. Tron (TRX) price is facing hurdles near the key $0.0200 resistance area. Cardano (ADA) price is consolidating below the key $0.0450 and $0.0465 resistance levels. The crypto market cap and bitcoin (BTC) are correcting higher. Ethereum, BCH, ripple, stellar (XLM), EOS, TRX, and cardano (ADA)…

Bitcoin And Crypto Market Could Rise Steadily: BCH, Tron, XLM, ADA Analysis

The total crypto market cap is holding a key support near the $240.0B and $238.0B levels. Stellar (XLM) price surged in the past few days and settled above the $0.0800 resistance. Bitcoin cash price is up more than 2% and it is approaching the $300 resistance area. Tron (TRX) price is currently correcting lower and it is approaching the $0.0195 support. Cardano (ADA) price is slowly rising and it could soon test the $0.0460 and $0.0475 resistances. The crypto market cap and bitcoin (BTC) are rising steadily. Ethereum, BCH, ripple,…

Samsung Adds Support for Tron Network to Blockchain Dapp Store

Tron founder Justin Sun will appear on stage at the Samsung Developer Conference on Wednesday to announce a new partnership between his crypto company and the telecom giant. Tron will be integrated into the software development kit (SDK) of the Samsung Blockchain Keystore, which helps users manage private keys. The SDK allows coders build with the Tron network by giving them direct access to the blockchain via Samsung devices. It’s still unclear how this partnership changes anything for TRX token users, beyond wallet support. In the days leading up to the announcement,…

Tron Price Up 25% as China Reportedly ‘Bans’ Anti-Blockchain Sentiment

China is rapidly adopting a pro-blockchain stance following news it would bring in a so-called “crypto law” in January next year.  China: Blockchain must be legitimate In a sign of China’s abrupt official about-turn on blockchain, officials are deleting posts that claim the technology is a scam, Twitter-based crypto news resource cnLedger reported on Oct. 28.  Chinese officials and president Xi Jinping caused a stir late last week after the latter gave a speech condoning blockchain. China, he said, would become the world’s foremost proponent of the technology and would…