Tag: Tron (TRX)

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Crypto News

Tron (TRX) Could Turn To A Bullish Rally In The Cryptocurrencies Market Any Time Now

Not surprisingly, Tron (TRX) traders have been facing some turmoil in recent weeks with the token dropping back to below the major support line of $0.04.  But Tron (TRX) now appears to be considerably rallying as it gained momentum again, indicating a bullish rally that might bring good returns for investors.

Actually, yesterday, Tron (TRX) has risen by more than 6%, surpassing the projected movement rates of 55 and 100 days. These limits constitute the primary resistant thresholds for this cryptocurrency, and climbing over them is a strong signal of the upcoming upsurge. Therefore, TRX/USD trading may reach as high as $0.10 over the next couple of months, potentially breaching the USD level, eventually.

However, at the moment of this review, the Tron (TRX) cryptocurrency, as well as the majority of top cryptos in the market, started to drop in comparison to their trending at the same hours yesterday. Accordingly, TRX is trading at $0.037 losing a shallow 0.15% in the last 24 hours.

Tron (TRX) has the means to ensure a bullish run in the immediate period

The scheduled release of the Tron Virtual Machine by which devs can migrate their projects out of the Ethereum blockchain and into the newly developed Tron blockchain is also a fundamental milestone that should propel Tron TRX to a higher level of adoption and appreciation. The release of the Tron Virtual Machine is scheduled for July 31st.

Moreover, the Tron (TRX) adoption as a viable cryptocurrency for payments by sites including PornHub and Traffic Junky provides the necessary back-up for the TRX to flourish, all that while TRX was also teaming up with a number of other stakeholders in the gaming industry, such as Game.com.

Most importantly, however, the Tron (TRX) network is superior to Ethereum’s blockchain in the areas of performance, scalability, affordability, and speeds, and has the potential to bring more devs on the new network to benefit from these advantages.

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Crypto News

Tron (TRX) Accepted On Brazzers And Nutaku Games – Tron (TRX) To “Go To The Moon” With Porn

On June 27th, one of the largest adult content network, PornHub, announced that they now accept ZenCash (ZEN) and Tron (TRX) as payment methods. Back then, only ZenCash (ZEN) confirmed the news, but now it is the turn of Tron Foundation to validate the announcement. But, that’s not all! Justin Sun, Tron CEO, announced that Tron (TRX) is now accepted on Brazzers, Traffic Junky, and Nutaku Games, of course, besides PornHub as it has been announced.

Traffic Junky accepts Tron (TRX)

Traffic Junky is a leading digital marketing company, working on improving businesses from all over the world by Internet marketing techniques.

Being accepted by Traffic Junky, Tron (TRX) will emerge on a market that could benefit it in the long-term.

Tron (TRX) to “go to the Moon” with porn

PornHub is one of the biggest adult content networks in the world, owned by Mindgeek. Also, PornHub already accepted Verge (XVG) a few months ago. A couple of days ago they also accepted Tron (TRX) payments. As Mindgeek owns PornHub, there’s no surprise that Tron (TRX) also reached Brazzers, the other colossal porn network owned by the before-mentioned Mindgeek.

PornHub is by far the most visited porn site on the web, scoring an average of 81 million visitors per day in 2017, according to Forbes. Overall, PornHub scored 28.5 billion visitors in 2017, reported the same publication. On the other hand, Brazzers, based out of Montreal, Canada, is one of the leading x-rated movies producer and online platforms in the world with 35 million visitors each month, according to Ethereum World News.

What these figures reveal is that Tron (TRX) could greatly benefit from all that colossal traffic both PornHub and Brazzers enjoy, and the TRX adoption rate could skyrocket.

In the end, Nutaku Games also accepted TRX payments. Nutaku Games, the renowned Hentai games producer, meaning that they are developing video games based on the famous Japanese pornographic anime, Hentai.

In conclusion, there is no doubt that Tron (TRX) could “go to the Moon” propelled by the adoption from the porn world.

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Crypto News

PornHub Now Accepts Tron (TRX) And ZenCash (ZEN) Cryptocurrency Payment Methods

The famous adult content website PornHub has just released the announcement that it is accepting two more cryptocurrencies, besides Verge (XVG). Namely, PornHub now accepts Tron (TRX) and ZenCash (ZEN) as cryptocurrency payment methods.

The addition signals the ultimate crypto-play by the site, which included a payment feature for the Verge (XVG) cryptocurrency in April.

This announcement, initially issued by Variety, was eventually endorsed by Chris Jackson, the PornHub’s spokesman. Accordingly, the site’s members can now three cryptocurrencies to buy subscriptions or for accessing content on PornHub or any of the PornHub’s affiliated platforms and websites.

After accepting Verge (XVG) in April, PornHub emerged into the world of cryptocurrency payment methods. Apparently, everything went as expected, or even better, because the famous adult content website just accepted Tron (TRX) and ZenCash (ZEN) as payment methods. Even more, PornHub is not willing to stop here and plans on adding more cryptos in the future.

PornHub just announced that accepts Tron (TRX) and ZenCash (ZEN) as cryptocurrency payments methods, and will add more in the future

Here at PornHub, it is important that we address the ever-changing payment preferences of our users and, as such, that means accepting cryptocurrencies as a payment method, which provides users with anonymity and security. We hope to continue storing our arsenal of cryptocurrencies, providing our fans with more payment methods than ever before. Hopefully, we will be the precursor to industry-wide adoption.

Corey Price, the Vice President of PornHub, in the official announcement

On the other hand, ZenCash (ZEN) co-founder, Robert Viglione, said in an official statement that PornHub’s affinity for cryptocurrencies is, in fact, helping the adult platform’s members who now have “the ability to pay for adult entertainment in private without fear of exposure.”

So far, no official comments came from Tron (TRX) representatives regarding the announcement made by PornHub that it now accepts Tron (TRX) and ZenCash (ZEN) as new cryptocurrency payment method.

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Crypto News

TRON (TRX) Cryptocurrency Migration Is Complete – What’s The Next Step For TRX?

At last, TRON (TRX) has entered the next stage of its rollout on the TRON main network. Today is the TRON Independence Day when TRON (TRX) is finally shifting away from the Ethereum (ETH) ERC-20 platform to turn into a real TRX token which runs on its proprietary blockchain.

To commemorate this, TRON has just successfully finished a 1 billion TRX burnout, and this is expected to boost the new TRX token’s value in the next few weeks.

“TRON’s core network launched by TRON Independence Group based on community consensus at 10:00 on 25 June 2018 (Singapore time), and has been running smoothly ever since. TRX migration from ERC-20 tokens to TRON main network tokens has started simultaneously. Exchanges supporting migration have started technical integration. Everything’s fine” reads an article release by TRON Foundation’s Medium.

The next step for TRON would now be the beginning of the Election of Superrepresentatives, a procedure that is set to proceed with enabling the selection of a fresh crew of super-representatives.

What’s The Next Step For TRON (TRX)?

As TRON (TRX) embarks on its new blockchain and the new TRX token assumes its role, we anticipate that the TRX value will commence appreciating, given that an appreciation in the token’s market capitalization is also expected.

TRON (TRX) and TRON Foundation CEO and founder, Justin Sun, aspires to see TRX grow to become the second most traded cryptocurrency in the world. While this will be labor-intensive, moving the TRX tokens away from Ethereum ERC-20 platform on TRON main network is the perfect beginning for Sun’s aspirations to become a reality.

TRON (TRX) is currently trading at $0.039, recording a decline of about 7% in the last 24 hours, at the time of writing. Analysts speculate that this downward tendency is merely the result of some uncertainty regarding TRX as the token migration progresses.

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Crypto News

TRON (TRX) – TRON Mainnet Dubbed As Unsafe By The Digital Asset Research Company

With a few days to go before the transfer of TRX tokens to the TRON mainnet, TRON (TRX) admins are being criticized on social networks for new allegations of copying files from Github’s repositories without observing the open source software licensing requirements. Independent studies, on the other hand, warn of several potential areas of failure when token migration to the TRON main network is initiated.

In this regard, Lucas Nuzzi, director of the Digital Asset Research (DAR) company, said in a tweet that anticipates setbacks in the migration of TRON tokens.

If you think that the release of #EOS was chaotic, expect the release of #TRON in the next few days. It also happened that I reviewed the entire $TRX base code. My eyes hurt.

Lucas Nuzzi, Director of the Digital Asset Research (DAR), on Twitter

Also, Nuzzi referred to TRON (TRX) as the Frankenstein of the cryptocurrencies market.

TRON mainnet could be exposed to technical failures

A release in Medium, done by Digital Asset Research (DAR), showed more details of the analysis of the TRON (TRX) software and pointed out that despite finding several additional files of copied programs in their entirety, without proper attribution of authorship, these improper copies “pale in comparison to the technical risks of the project.”

Among the weaknesses of the project is that JavaTRON is a copy of EthereumJ, with some known flaws, a library of Ethereum programs that allow interacting with the Ethereum (ETH) blockchain using the Java language.

On the other hand, it is argued that the TRON Virtual Machine is copied from the Ethereum Virtual Machine, but that the added modifications would compromise security, as they “increase the area of attacks on the network.”

Another aspect that leads to potential failures, according to DAR, is the incorporation of the DPoS algorithm that would expose TRON mainnet to individual technical shortcomings after launch “since the project combines technologies originally developed for different system architectures.”

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