SWAPS.NETWORK confirmed to be first IEO on COSS

SWAPS.NETWORK confirmed to be first IEO on COSS submitted by /u/satyarthm
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Source: CryptoCurrency
SWAPS.NETWORK confirmed to be first IEO on COSS

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Social Network Memo Adds Decentralized SLP Token Exchange

The Simple Ledger Protocol (SLP), a token creation system built on top of the Bitcoin Cash (BCH) continues to mature as developers have released a number of third-party applications that support SLP tokens. Now the onchain, BCH-based networ
Source: devcoins
Social Network Memo Adds Decentralized SLP Token Exchange

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Is TRON’s Sun Network a marketing gimmick? Comparisons with Ethereum and EOS metrics

TRON announced the latest release of its side chain solution— . The upgrade promises “unlimited scaling capacity,” similar to the optimism around Lightning for Bitcoin. Yet, the data suggests these bold claims could be more marketing-speak than anything else.

On Aug. 11, announced a new version for the Sun Network, a scaling solution that would expand the network’s transaction capacity. The upgrade a series of scaling upgrades, such as “DAppChain,” which the TRON Foundation claims will improve the transactions-per-second (TPS) for smart contracts while lowering transaction fees. The upgrade also includes a cross-chain communication feature.

DAppChain would allegedly provide “unlimited scaling capacity” for the TRON MainNet, allowing dApps to run with “lower energy consumption, higher security, and greater efficiency on TRON.”  According to TRON and BitTorrent CEO Justin Sun:

“Sun Network will contribute to a more active ecosystem of TRON… In addition, a series of scaling projects such as DAppChain and cross-chain communications will further expand the overall capacity of the TRON network, as well as improving the TPS and smart contract execution efficiency on TRON.”

In addition to the claims around Sun Network, Justin Sun also promotes several selected metrics for TRON:

“TRON’s total account number reached 3,000,000. A total of 410 million secure transactions took place since the MainNet launch.”

Considering how often these metrics are used to promote TRON and the Sun Network it’s important to look at the hard data.

Evaluating TRON based on the numbers

For marketing purposes, Justin Sun and the TRON Foundation have a history of making comparisons to the leading smart contract protocol, Ethereum. Consequently, it’s important to take an objective look at a few important metrics to objectively evaluate these claims.

For reference, Ethereum has a 62 percent market share of the smart contract market-segment capitalization. EOS and TRON have an 11 percent and 4 percent market share, respectively.

24-Hour Transaction Count — Teal (TRX), Gray (EOS), Purple (ETH). Charts by Coin Metrics

In terms of total transactions, EOS is by far in the lead—recording 4.5 million daily transactions. This is followed by TRON at 2.8 million. Finally, Ethereum comes in last with just 710,000 transactions.

Looking at this chart alone, an investor may think that TRON and EOS are superior networks because they have larger transactions counts. This, however, isn’t the full picture.

Both TRON and EOS offer free, near-free, and subsidized transactions, especially for end-users. Meanwhile, the median Ethereum transaction fee costs about $0.05. As a result, it’s expected that lower transaction costs translate into a larger number of transactions (though this raises the risk of network resources being abused for low-value purposes).

One metric that is supposedly effective at estimating the value of a payments network (not a smart contract network) is the dollar value of transactions conducted over that network. This is one measure by which Bitcoin advocates compare different payment-focused cryptocurrencies such as Litecoin, Monero, and Zcash.

Tron, EOS, Ethereum 24-Hour Total Dollar Value of Transactions
Total Dollar Value of Transactions

Using this metric, Ethereum is clearly in the lead. The pioneer smart contract platform recently clocked-in $229 million in 24-hour blockchain-transacted dollar value. For comparison, EOS and TRON had $40 million and $8 million in value transferred over their networks.

To clarify, this metric only counts transactions that move on-chain. On-exchange volume, where coins do not actually move on the blockchain, are intentionally not counted in this metric.

When looking at these values, Ethereum has 28 times the value transferred over its network compared to TRON, even with the much higher transaction costs. This suggests that as a payment network, ETH dwarfs TRX.

The final metric is not total addresses, as Sun would suggest, but daily active addresses, a measure of the number of addresses which sent or received a transaction in the last 24-hours.

Tron, EOS, Ethereum Daily Active Addresses
Daily Active Addresses

Based on this metric, Ethereum has consistently outperformed the other two networks in daily active addresses, reporting 293,000 active addresses most recently. Comparatively, EOS and TRON had 35,000 and 175,000.

This number may be a better gauge for how many individuals are using each network. That said, here it seems the TRON network is fairly active relative to the project’s size and market capitalization. This could potentially be attributed to TRON’s relatively strong dApp ecosystem, with highly popular TRX gambling dApps, like TronBet, potentially pushing up active user counts.

Will the Sun Network make a difference?

In July 2018, Justin Sun boasted that the TRON network is 80 times faster than Ethereum, implying a network speed of 1,200 TPS. In June, TRON claimed to have a TPS of 2,000. These figures would give TRON a network capacity of approximately 100 to 170 million transactions per day.

Meanwhile, at its peak, the TRON network was using conducting less than 6 million transactions in a 24-hour interval—just 6 percent of the network’s maximum capacity. This could mean the additional TPS from the Sun Network may go largely unused, although it could make more resource-intensive applications possible.

Most would also agree that lower fees are better for the adoption of a blockchain network. And, they are, in terms of stimulating usage.

But, the TRON network already charges near-zero fees for most users. Although, there are fees associated with bandwidth usage and other types of computer resources, but projects can also earn credits for these resources for free by locking-up TRX.

This kind of resource allocation is similar to how EOS.IO is set up, where users are not required to pay for transaction fees under a certain threshold. By centralizing computer resource providers to a few dozen super representatives (or block producers in EOS’s case), both of these blockchain protocols are able to achieve higher levels of transaction throughput at the cost of decentralization.

Active developers

Arguably, one of the best metrics for evaluating the efficacy of an open-source smart contract platform is the number of monthly active developers it can attract and retain, suggests Electric Capital.

Here, both EOS and TRON have tiny developer communities compared to Ethereum. Ethereum has over 1,200 monthly active developers working on its main code repository compared to EOS’s 225 and TRON’s 65.

Overall, it seems that the metrics the TRON Foundation selects and presents, along with its protocol upgrades, are—as expected—more marketing hype than anything else. Ethereum is still clearly in the lead in terms of active development and industry adoption based on observable numbers, as much as Justin Sun would like investors to think otherwise.

Evaluating the metrics

In terms of total transactions, it’s unlikely that Ethereum will outperform more centralized systems like TRON and EOS, which can drive down costs by centralizing computer resources— even with sharding—by nature of how distributed networks are bottlenecked by the number of participating nodes.

Yet, it seems disingenuous to claim TRON is outperforming Ethereum, especially when the metrics appear cherry-picked to push the pro-TRX narrative. Justin Sun himself has even admitted—and apologized for—using “vulgar hype and marketing behavior” and utilizing “marketing gimmicks” in a letter meant for his Chinese audience.

Justin Sun’s “darkest moment”: apologizes for “over-marketing” TRON to Chinese authorities, then deletes apology
Related: Justin Sun’s “darkest moment”: apologizes for “over-marketing” TRON to Chinese authorities, then deletes apology

Back to the Sun Network, the upgrade seems unlikely to live up to its hype of “unlimited scaling.” Even if it could bring about unlimited transaction throughput, the metric is largely irrelevant if there aren’t enough users and developers on the network.

Recently, the Tron CEO promised to limit the “overmarketing” of Tron in a now-deleted apology.

Unsurprisingly, Sun is back to relentlessly marketing Tron platform with his latest tweet claiming that his first priority is to get Tron back into the top 10 on CoinMarketCap and BitTorrent into the top 30.

More than anything else, Justin Sun’s eponymous scaling solution seems like another piece of marketing meant to position TRON as a viable alternative to Ethereum and Bitcoin.

The post Is TRON’s Sun Network a marketing gimmick? Comparisons with Ethereum and EOS metrics appeared first on CryptoSlate.

Source: cryptoslate
Is TRON’s Sun Network a marketing gimmick? Comparisons with Ethereum and EOS metrics

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Celsius Network Incorporates Bitcoin.com Platform to Streamline Services

integrates Bitcoin.com’s trading platform into its App to expand users’ coin options and service access

Source: cointelegraph
Celsius Network Incorporates Bitcoin.com Platform to Streamline Services

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Celsius Network Incorporates Bitcoin.com Platform to Streamline Services

Celsius Network Incorporates Bitcoin.com Platform to Streamline Services

This article was originally posted on Cointelegraph – an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen […]
Source: cryptonewsmonitor
Celsius Network Incorporates Bitcoin.com Platform to Streamline Services

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Social Network Memo Adds Decentralized SLP Token Exchange

Social Network Memo.cash Adds a Decentralized SLP Token Exchange

The Simple Ledger Protocol (SLP), a token creation system built on top of the Bitcoin Cash (BCH) continues to mature as developers have released a number of third-party applications that support SLP tokens. Now the onchain, BCH-based network .cash has implemented an SLP token exchange allowing people to list SLP tokens and sell them for bitcoin cash.

Also read: Creating Your Own SLP-Based Token Using Memo

The New Trustless Onchain SLP Token Exchange

Memo.cash is a popular social network that’s built on top of the BCH chain where every action uses an onchain transaction. For a while now Memo has accrued users and has added a variety of features since the platform’s inception. News.Bitcoin.com recently reported on the application adding the ability to forge SLP tokens on the Memo platform and to store, send, and receive SLP coins as well. At the time, we gave our readers step-by-step instructions on how to mint an SLP token using Memo and explained that the process takes less than a minute. Since then, the engineers behind Memo have added the ability for people to trade SLP tokens onchain in a safe environment. The new exchange service utilizes an open source decentralized trust-less protocol that accepts purchase offers and transfers using an atomic transaction.

Social Network Memo Adds Decentralized SLP Token Exchange

The creators of Memo noted that the new feature that still has limited functionality and people using the exchange should understand there might be bugs. When you visit the Memo exchange page, you’re greeted with options like viewing the tokens already listed for sale, the ability to sell a token, and a list of offers you already created. Right now, looking at the listings page shows there are tons of SLP tokens being sold for various amounts of satoshis. Well-known SLP tokens such as Honestcoin (USDH), Spice, Honks, BTC2, and Trump are being sold alongside coins you probably never heard of. The exchange listings show when the tokens were listed, price, seller, and a tab that allows you to purchase tokens being sold instantly.

Social Network Memo Adds Decentralized SLP Token Exchange

Selling Rare Stones

To demonstrate how the Memo exchange operates, I decided to mint six nonfungible tokens from the same address and called them the Infinity Stones or “IFS.” If you want to try to sell SLP tokens using Memo, you will need to register for an account to enjoy the new trading feature. People who know the story of the Infinity War and Thanos will know that there are six stones needed to complete the Infinity Gauntlet in order to harness god-like powers. So I minted tokens using the Electron Cash SLP wallet and each token represents the mind, space, reality, power, time, and soul stones. I designed them to be nondivisible and each stone was represented by only one token. Each stone is also tethered to a URL, which leads to the original Infinity Gauntlet comic book cover.

Social Network Memo Adds Decentralized SLP Token Exchange

After the stones (tokens) were forged I sent them all to my Memo account dubbed “Zelda” and prepared to list each stone for sale. On the “List Tokens for Sale” page the Memo platform provides a customizable window to create new listings. On this page, I chose the tokens I wanted to list, how many tokens to list, the price per token, and the total price. I listed the six IFS tokens for 1,560,000 satoshis (0.0156 BCH) per token and for every completed trade Memo takes a 1.5% fee. So the fee for each IFS trade would be a total of 23,400 satoshis (0.000234 BCH).

Social Network Memo Adds Decentralized SLP Token Exchange

After creating the listings for all six stones, I then tweeted out my IFS sales on Twitter to let people know I had some rare nonfungible tokens for sale. Not long after sending out my tweet, well-known BCH proponent and streamer Collin Enstad, host of “Collin’ It Like It Is,” a “no bullshit crypto show,” purchased two of the stones on the Memo exchange. According to Memo, Enstad is the proud owner of the mind and reality stones. Moreover, Enstad decided to sell the two IFS tokens for double the price I sold them for at 3,000,000 and 5,000,000 satoshis. So far there are four Infinity stones (IFS tokens) left waiting for someone to snatch them up at my price in an attempt to control the universe. Someone will have to buy them at Enstad’s price to capture his two stones. The Memo.cash SLP exchange has a lot of potential, but once an offer is submitted there is no way to cancel it right now, the Memo engineers have explained.

Memo’s New Feature Augments the Broad Range of Support for the SLP Token Universe

Memo adding a decentralized way for people to swap token for BCH in an atomic fashion bolsters the social network’s powerful features. Just like the latest Cryptophyl exchange and the upcoming Exchange.Bitcoin.com, which will launch on September 2, the new Memo SLP marketplace also adds more trading liquidity to these unique tokens. Furthermore, well-known trading platforms like Altilly Exchange, Coinex, and Coinsuper are all listing SLP tokens. With all the exchange endorsements and wallet support from clients like Badger, Ifwallet, Cresent Cash, and Electron Cash, the SLP universe continues to showcase enormous amounts of innovative possibilities. Further, Bitcoin.com will soon be launching an SLP token dividend tool that allows people to pay dividends to groups of specific SLP token holders. Memo’s recent trading platform for SLP tokens has been welcomed by the BCH community, while also highlighting the innovation taking place within the BCH and SLP development community over the last few months.

What do you think about the ability to sell and purchase SLP tokens using the social network Memo.cash? Let us know what you think about this subject in the comments section below.

Disclaimer: Readers should do their own due diligence before taking any actions related to the mentioned software and trading platform. Bitcoin.com or the author is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, software, exchange, or services mentioned in this article. This editorial review is for informational purposes only.

Image credits: Shutterstock, Memo.cash, Marvel, Wiki Commons, Infinity War, and George Pérez.

Did you know you can buy and sell BCH privately using our noncustodial, peer-to-peer Local Bitcoin Cash trading platform? The Local.Bitcoin.com marketplace has thousands of participants from all around the world trading BCH right now. Also, we just announced launching a cryptocurrency exchange on September 2, 2019. Pre-register today at Exchange.Bitcoin.com to take part in rewards and trading incentives.

The post Social Network Memo Adds Decentralized SLP Token Exchange appeared first on Bitcoin News.

Source: bitcoin.com
Social Network Memo Adds Decentralized SLP Token Exchange

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Quant Network partners with AX Trading to bring Digital Assets to Wall Street

US-Based AX Trading, a partner of Euronext (the leading pan-European exchange in the Eurozone and the sixth largest in the world with a market cap of $4.65 trillion), intends to integrate with Quant Network for digital asset interoperability. In addition to being SEC regulated AX Trading have huge reach into European market as well.

George O’Krepkie, AX CEO said: “We look forward to partnering with Quant. Their technology will allow our blockchain agnostic security token exchange to communicate seamlessly with issuers, traders, investors, and regulators across different blockchain protocols. This is a key technological breakthrough that will help us bring the benefits of security tokens to Main Street and Wall Street.”

From an article in 2013, Nasdaq and AX Trading Look at Block Trade Alternative To HFT: “The average market capitalization of stocks on the site is $1.8 billion, while the average order size is approximately 85,000 shares and average trade size is approximately 48,000 shares. The average daily volume on an initiated order is 800,000 shares a day.”

In 2016 AX Trading launched the much improved AX Trading . “We are the world’s first Electronic Trading (ETN), where institutional traders can proactively connect and trade with one another in a secure environment. We will go live with over 800 institutional traders involved in our trading platform.“

It is expected that the first interoperable digital asset offering may commence as soon as January 2020, and that the AX Trading ATS will be ready to enable and list interoperable digital assets and securities.

Recently Network announced that they’ve been working with Binance to provide interoperability to Binance Chain through their Overledger operating system, bringing enterprise use cases to new decentralised finance infrastructure. Binance Chain users will benefit from being able to transact assets across Corda, Hyperledger and Ripple as well as Bitcoin, Stellar and Ethereum public blockchains.

Associated links:

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Source: CryptoCurrency
Quant Network partners with AX Trading to bring Digital Assets to Wall Street

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Matic Network Introduction – Community Speaks – Altcoin Buzz

– Community Speaks  Altcoin BuzzThe Matic Network, born from Binance’s launchpad program is already proving to be Binance launchpad’s most promising project.
Source: worldnewsoffice
Matic Network Introduction – Community Speaks – Altcoin Buzz

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Nuo Network…WTF!?

TL:DR: was grossly negligent in not disclosing the risks of fixed term loans being liquidated.

Excuse this post if my tone comes off as enraged. It’s because I am.

I know I share some responsibility in what happened here, ranging from 100% to 0%. I’ll let you decide how much.

The story goes is that I had used Nuo to take out a loan against an ERC20 they accept as collateral. I had done this months ago as well, took out a 60 day loan, and paid it back on day 59, with interest. I took out a term loan and borrowed against my own assets, and repaid it. Cool! DeFi! I love it.

I then immediately took out another loan against the same collateral, this time however they didn’t let me borrow as much as they did before despite the collateral being worth the same. They maximized the size of the loans either based on risk management or liquidity pool size, that’s fine. I borrow less than I did before and locked it up for another 60 days. That was about 6 weeks ago. A couple days ago I go and check on my loan to double check how much time I have left to pay to be sure not to miss it. I login and I am shocked at what I saw. All of my loans have been liquidated!!! WTF? I didn’t even know it was possible for these fixed term loans to be liquidated. I thought the entire point of Nuo choosing the collateral, the leverage ratio, the total amount borrowed, the limited term window etc. all served to minimize the risk for Nuo to be able to issue a fixed term loan in the first place! I was under the impression that unlike a revolving open loan like Maker and Compound where obviously the value of your collateral matters at all times, it wouldn’t matter in a fixed loan, and they had sufficiently adjusted the parameters to adjust for the risk of the collateral being devalued over that time period. If they’re so worried about it not making it the 60 days, which I would understand, limit the term! Choose 30 days or 7 days or 1 day where you’re confident that the collateral won’t be devalued.

Why have a fixed term loan in the first place if you won’t honor the loan to the term!

If I take out a car loan for 5 years and the car is used as collateral and I completely destroy it, I still owe the $ for the car loan! You give me a chance to repay before you put a lien on my house.

I thought I had an agreement! That agreement was to repay a debt after a certain amount of time or they will keep my collateral.

I was completely blindsided by this function of the loan I had no idea existed.

How could this have happened?

So I poke around and check the loan tab in the screen and I see a prominent “Your loan will be liquidated at 0.75x ratio”.

I had never seen that before. If I had, I might not have ever taken out the loan, let alone not checked up on it during this downturn! Having knowledge of this fact would have completely changed my behaviour and given me a chance to avoid being liquidated.

I could have sworn that this was never disclosed to me at the time of taking out the loan.

I try and reach out to the team and after a couple days finally get a meaningful response from them.

I express my concern that the risk of liquidation was not adequately disclosed, and they say that they added copy of the disclosure on the loan page “a month or so ago”. I took out my loan more than a month or so ago!!! Where does that leave me? I feel I have been totally taken advantage of in regards to what my impressions of the risks were as I took out the loan. I feel completely misled.

In writing this post I stumbled across more proof that Nuo was lacking not only adequate disclosures of risk, but any disclosures!

I found a reddit post from me from 3 months ago seeking clarity on this exact issue! Check out my 2 comments. The ultimate irony being that it was in a thread that was calling Nuo a scam! And even worse, responding to a comment where a Nuo team member made a plea about how they will be better about disclosing risks! You can’t make this up.

My post shows I was trying to reach out across multiple channels to answer this question and was ignored, and that if I’m asking this question, clearly the disclosure was not mentioned during the loan flow, but I also reference it was nowhere on the website at all as the only relevant question in the FAQ was a dead link!

Between Nuo admitting they added the disclosure ‘a month or so ago’, and the fact I tried multiple channels to ask this exact question only to be ignored, with an explicit timestamped mention of the FAQ not working, I feel strongly that Nuo acted with gross negligence when offering this loan.

I realize that I should probably have never taken out the loan I wasn’t 100% sure how it worked. That’s my mistake. I also could have personally looked through the smart contracts and seen the mechanics there, but truthfully I lack the technical knowledge to meaningfully do so.

What I can say is that I am very familiar with the theory and practicalities of how Ethereum and DeFi work. I can tell you the Maker oracle system and how it works and what an oracle attack would look like. I know smart contract bugs are real and it could all be stolen in a flash. I’m aware of risk mitigating options like Nexus Mutual. I literally spend nearly all my free time learning about Ethereum and new applications. So how is it possible that whatever category I fall into, ‘passionate early adopter’ that I could have been so blindsided by the risks inherent with this loan? If I, someone with a decent level of knowledge of how these systems work can be so blindsided, what chance do normal users have?

MEW, Mycrypto, Maker CDPs all make it extremely clear what the risks are when interacting with the system. UX is so bad they have bent over backwards to create mandatory click throughs, pop ups, highlighted text, etc. That’s being responsible. I even reference the clarity of liquidation in Maker CDPs in my linked comment!

Not only was this never prominently displayed in the loan process with Nuo, it wasn’t displayed at all, anywhere!

I am just in shock at the negligence of the lack of disclosures of this significant risk.

I have incurred significant financial harm as a result of this negligence through refinancing costs and repurchase of the tokens.

I want compensation for the financial loss I have incurred as a result of this. I feel that Nuo’s admitted lack of disclosures was negligent and has caused me direct financial harm.

Whatever happens with my claim to recoup losses from Nuo. I want to let the community be aware of what they are doing in case you are also under the same impression that I was.

I also want to reiterate and implore the community and dapp developers to ADEQUATELY DISCLOSE THE RISKS of using your platform. Nobody should ever be blindsided like I was. I can tell you it is an absolutely shitty UX and I’m really pissed, and you won’t find someone more pro Ethereum and DeFi than me! Perhaps I would be better off using a centralized service so I have some legal recourse in regards to this. I might have some legal recourse here but I don’t want to be a lawsuit guy, I want to be a guy who uses an app who actually tells you under what conditions you could incur serious financial losses. Fwiw I think it’s bs that Nuo or any crypto company dodges liability and hides behind smart contracts and decentralization to not taking responsibility when a member of the community gets misled. I don’t care if you’re a DAO, you still are a group providing a service!

In conclusion, Nuo was grossly negligent about disclosing key risks, and it has cost me untold amounts on money.

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Source: ethereum
Nuo Network…WTF!?

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TRON’s Sun Network V1.0 Code Is Released to Allow Unlimited Scalability

TRON’s Sun Network V1.0 Code Is Released to Allow Unlimited Scalability

The first version of the code base for the ’s (TRX) scalability solution called has finally been released. However, it doesn’t influence the price of the token much. By the time of writing, TRX has grown by minor 0.33% to $0.020359.

As per the official announcement, Sun Network is a scaling solution made in order to increase the capacity of the TRON MainNet, with integrating a sequence of scaling projects such are for example, DAppChain, a smart contract optimized application side chain, cross-chain communications, etc.

Between these projects, DAppChain presents itself as a side chain scaling project made up in order to provide unlimited scaling capacity for the TRON MainNet, allowing DApps to run with lower energy expenditure, better security and efficiency on TRON.

If compared to some other scaling solutions, Sun Network differentiates with two significant characteristics. First of all, it reinforces smart contract transactions, paying particular attention to improving the TPS of the smart contract transactions on the MainNet, and also making the transaction fees significantly lower. Secondly, the side chain is enabling requirements that are more custom-tailored.

Just for example, there are setting side-chain incentives, transaction rates, transaction confirmation speed and other parameters, serving necessities of different developer groups.

The general solution of the Sun Network will deliver unlimited scalability to the TRON MainNet, and consequently, it will ensure wider possibilities of the TRON DApps and the whole ecosystem developments. This solution endeavors in a way it’s bringing positive influence to the blockchain industry in whole and at the same time, it is developing the TRON network as such.

TRON’s founder and CEO Justin Sun said that as time goes on, lots of projects have made great progress.

He noted:

“We launched the TVM in October 2018. In just 7 months, nearly 500 quality DApps are running on the TRON network.”

He added that the total account number of TRON came to 3 million. Also, a total of 410 million secure transactions took place since the MainNet launch.

“Moving on, the energy-saving, highly secure and efficient Sun Network will contribute to a more active ecosystem of TRON,” said he.

Moreover, he explained that “community developers will benefit from the network as well. In addition, a series of scaling projects such as DAppChain and cross-chain communications will further expand the overall capacity of the TRON network, as well as improving the TPS and smart contract execution efficiency on TRON”.

The TRON Foundation has set a pattern in Dapp games. In particular, it had been performing against its worthy competitors such are ETH and EOS for a few weeks before. In spite of its success, the TRON Foundation is keeping improving its ecosystem with, what some would call, superb difference.

The testnet of Sun Network was officially introduced in June aimed at spurring its DApp game. Sun also specified that Tron has plans to develop a DAppChain as well. As per Sun, it should be customized in a way that it can be linked to TRON’s smart contracts. He also noted that its implementation would be helpful in optimizing Dapps’ functionality by minimizing energy consumption. As a result, high efficiency and security would be ensured.

In other technological news, the Chinese CCID Research Institute’s latest rankings at the end of July put Bitcoin in eleventh place amongst 37 digital currencies. Just for comparison, TRON came third.

TRON’s Sun Network V1.0 Code Is Released to Allow Unlimited Scalability

Source: coinspeaker
TRON’s Sun Network V1.0 Code Is Released to Allow Unlimited Scalability

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