Tron (cryptocurrency)
Tron (TRX) is a blockchain based platform for monetizing digital entertainment, allowing publishers to share content without a middleman service.[1][2] The network allows users to publish and store data, as well as determine how the content gets distributed and for what cost.[3]
History[edit]
Tron was originally launched as an ERC-20 token.[4]
In January 2018, Tron was criticized by users on Reddit and Twitter for plagiarizing elements of their whitepaper.[5] According to Wired, "Tron duplicated phrases word for word, without any citations", and in response Tron took down their whitepaper and wrote these were issues caused by translation errors.[6] The same month, Tron made up 11% of Binance's trade volume.[7]
In early June 2018, BitTorrent was acquired by Justin Sun for $140M USD, and later that week Tron launched their MainNet protocol allowing users to send transactions.[8]
References[edit]
- ↑ Cheng, Evelyn (2018-01-04). "Another tiny digital coin leaps into the top 10 cryptocurrencies". www.cnbc.com. Retrieved 2018-12-11.
- ↑ AM, Jack Moore On 1/20/18 at 9:56 (2018-01-20). "What Is Tron? Cryptocurrency's budding founder wants to change the internet". Newsweek. Retrieved 2018-12-11.
- ↑ Russo, Camila (20 December 2017). "Bitcoin's Smaller Cousins Are Leading the Crypto Rally". Bloomberg.
- ↑ "Tron Price (TRX) Still Going Down, But Technicals Show Positive Future". finance.yahoo.com. Retrieved 2018-12-12.
- ↑ "Why critics are skeptical of TRON, the buzzworthy cryptocurrency". The Daily Dot. 2018-02-06. Retrieved 2018-12-11.
- ↑ Chen, Sophia (2018-07-18). "Why You Can't Trust More Cryptocurrency White Papers". Wired. ISSN 1059-1028. Retrieved 2018-12-12.
- ↑ Nakamura, Yuji (10 January 2018). "World's Top-Ranked Crypto Exchange Adds 240,000 Users in One Hour". Bloomberg.
- ↑ "BitTorrent is selling for $140M to Justin Sun and his blockchain startup Tron". TechCrunch. Retrieved 2018-12-12.
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