submitted by Cryptoindex-io to CryptoIndex_io [link] [comments]
Cryptoindex is a tool for exposure to the cryptomarket and serves as a smart benchmark for all cryptocurrencies. The AI-based Cryptoindex algorithm is continuously analyzing more than 1000 coins applying over 170 factors, processing more than 1 million signals per second to provide a highly sophisticated index of the top 100 coins. You can find our previous reviews here:
Cardano - review. Future plans. Ripple - review. Further Perspectives Litecoin. June'18 overview The Dow Jones index. From where did it come to us? Bitcoin Cash. June 2018 overview Are cryptocurrency indices a new crypto market trend? EOS. End of May'18 overview Ethereum. May 2018 overview
Here on our Cryptoindex blog, we will be posting 100 articles about each of the top performing coins selected by our powerful AI algorithm#CIX100coinreview.
Today’s review: TRON and their prospects.
What is TRON? And who was created this?
First, let's start with what the ‘Throne’ is. This platform was developed for the creation of digital content. Each person has their own "intellectual property," be it music, a book or any other content. The platform itself is created on the Ethereum blockchain. The TRON ecosystem was founded in September last year, by the Singapore non-profit organization Tron Foundation. The company is headed by Justin Sun. Before creating TRON (TRX), he created the social application ‘Peiwo’, which gained more than one million users.
Prior to this, Justin Sun acted as an advisor and representative for Ripple in China from December 2013 until 2016. In 2015 and 2017 he was nominated in Forbes ‘30 most successful people under the age of 30’ list.
Key targets of the project
Everyone is interested in reading good quality content. The TRON project encourages individuals to become they’re own creators with protected rights, a "Paradise to combat piracy," where there is no Torrent.
Most of the content on the Internet passes through large sites such as Yahoo, Google, Yandex, etc. Due to this, they can dictate any prices in the market, more importantly, subject it to censorship and transmit data about each user to the Special Services.
How does this platform work?
The throne synchronizes the work of original information and entertainment portals in the public network. The uniqueness of the platform is that it can be used to remove the "mediator" between the creator of the content and its consumer using blocking and peer-to-peer networking (P2P) technology. Each user, regardless of whether the individual is a blogger or journalist, can post content in their network. The audience must approach the author for access to the content and pay them directly.. For users, this is an excellent opportunity to receive unique content without advertising from the "intermediary."
For the convenience of users, all services on the platform are paid exclusively by their cryptocurrency called Tronix [TRX]. After the successful ICO in August 2017, Tron was listed on many major exchanges such as Bitfinex, Bittrex, Binance. TRON can be used and stored on the MyEtherWallet purse. The increased popularity of TRON was noticed and Coinmarketcap.com rated it within the TOP-15. The price of TRX changed from $ 0.0015 to $ 0.30 at the peak in January of this year.
Further perspectives of the project The developers stated in the Roadmap project that TRON would be split into several stages, to help the project take the lead position in the world.
A platform for peer-to-peer distribution and storage of content, through which it will be possible to free up data. The platform will be able to provide free publication and storage of user data. This stage does not provide for the use of a block but uses a network file protocol that supports a distributed file system.
This stage according to the Roadmap is scheduled for January 2019. With the launch of Odyssey, the platform will increase the content rights expansion, as well as complement new features, such as the introduction of locking technology and monetary incentives to host content on the platform. The system will include bonuses for a user response to content, as demonstrated at such venues as Steemit, Golos, Medium. Sample content is free, to give you a taster, full access is granted only when you pay TRX for their services.
Great Voyage and Apollo
These two steps will allow users to create their brand and generate their tokens. This should increase the attractiveness of the project and improve its economy.
Star Trek(2023 г.) and Eternity( 2025 г.)
This phase will create online gaming platforms enabling users to maximise their game process, invest in new gaming projects and offer their ideas to their developers. For game developers themselves, this is an excellent opportunity to be one step closer to your community. The developers themselves expect that the whole process will take no more than ten years to implement all the plans fully.
Criticism and disadvantages of the project
A significant disadvantage of TRON is that it does not conform to generally accepted copyright standards. For example, the person who first places the content on the TRON blockbuster will automatically become its author, although, in fact, it may not be it.
TRON generated some controversial media over accusations of plagiarism. Vitalik Buterin (Ethereum Founder) accused Justin San of plagiarism when drafting the project documentation. First, Sun on Twitter listed seven advantages of Tron before Ethereum, and then Buterin added the eighth paragraph, which said: "The art of writing documentation (Ctrl + C and Ctrl + V is much more effective than writing by yourself)."
Many users expressed their non-transparent work with the tokens of the project themselves. The first transactions that have taken place since the launch of the project are not entirely clean for users, but only add distrust to the team. Several packages of tokens that have been sold. 41% of the tokens of 100 billion, were withdrawn on October 1, 2017, and then distributed to other purses of the "B" series. Some of them may have fallen into the hands of the state or more, be used to inflate the price artificially.
Despite such harsh criticism from experts and the community, the project successfully took the TOP-15 on the Coinmarketcap. With competition such as Ripple, Stellar or Cardano, TRON is unlikely to achieve its desired effect, but the project has followed its Roadmap, and for their investors that is a good sign. Also positive on the token rate is the fact that Justin San co-operates with Jack Ma and his project Alibaba. Perhaps their close merger could lead to an even greater token growth.
At the time of writing, TRON[TRX] is 0.928% of the total of CryptoIndex portfolio. You can always check the current CIX100 composition at our MVP platform: http://cryptoindex.ai/
Stay updated on our channels: Follow CRYPTOINDEX on Telegram Follow CRYPTOINDEX on Medium Follow CRYPTOINDEX on Twitter Follow CRYPTOINDEX on Facebook Follow CRYPTOINDEX on Linkedin Follow CRYPTOINDEX on Reddit
|Rate (per day)||2.79||21.34|
Generated with BBoe's Subreddit Stats (Donate)
Popular Irish blog Slugger O’Toole has delivered a stinging criticism of bitcoin, describing its mining protocol as an “obscenely wasteful” process that is contributing in no small way to an impending global climate catastrophe. In a scathing article published on October 12, the blog calls for the “death” of bitcoin. FreeBinanceCoin.com is a best Binance Coin (BNB) faucet website where you can claim Free Binance Coin (BNB) fractions every 60 minutes, and by using Free Roll options to visit links for earning coins.And getting referral commission by sharing referral links. This faucet resembles the famous faucets like Freebitcoin , Freedoge.co.in , Free-Bcash , Free-Litecoin , FreeCardano , FreeNem ... You can learn more about bitcoin futures binance. Reply Delete. Replies. Reply . Kathleen Walker April 27, 2020 at 9:13 AM. Not like fiat cash, one other a part of what makes crypto forex worthwhile is that, like a commodity resembling silver and gold, there's solely a finite quantity of it. Solely 21,000,000 of those extraordinarily advanced algorithms have been produced. If you are ... Start as a Bitcoin blogger & Choose a topic . Also, it’s very important what kind of blog you want to set up. In my opinion, there are two options: Blog Bitcoin about a specific topic – In this case you want to start as a Bitcoin blogger or something related to it. The main topic is Bitcoin or cryptocurrency and targets a specific audience ... Binance exchange gives 40 percent of the trading fee back to ... Trading is one of the best ways to generate a good income. You can trade Bitcoin or other cryptocurrencies on different crypto exchanges. Trading is simple “ Buy Low Sell High“. Many people think that trading is gambling and only luck works when your trade goes right, but this is not true. Traders spend a lot of time in ... Over the weekend Bitcoin bulls showed impressive strength as the price punched through $10,000 for the first time in 2020.Interestingly, not only Bitcoin forks have been performing well recently, in fact, many altcoins are actually outperforming Bitcoin. The most recent notable performers are Tezos (), Lisk and Binance Coin ().Since the start of 2020 Tezos has surged 118% and Binance Coin 120%.
[index]          
People & Blogs; Show more Show less. Loading... Advertisement Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next Bitcoin Key Support, Ethereum Undervalued ... Binance.US - America's New Home for Digital Asset Trading. Get started in minutes once you set up an account with Binance.US to buy and sell cryptocurrencies. Binance.US brings you the trusted ... The latest bitcoin news and more! The data suggests a new bitcoin trend (2020) related to the relationship between bitcoin price and people's likelihood of spending their BTC. ChainLink's LINK ... A+ ZILLIQA BINANCE USA Zilliqa Deposit : zil1xzagzrfawxgef78lrj6fdd889yxujk5w67hamh Bitcoin Cash Deposit : qpp4s5es8u04jeca7naxl5ezns5gdmgvlssdvxx7ac Telegra... In a brazen violation of user trust and liberty, crypto exchanges Binance and Kraken delisted Bitcoin SV in April 2019. Bitstocks' Relationship Managers Anto... : ℎ . ℎ ℎ ' ℎ . ' . ! I traded on #binance #futures and here's the result. Pls participate po on the comment section by typing your insights/ideas. Para sa susunod na vlog natin, ay ... Steve Wozniak interview: Blockchain technology, AI, Crypto, Bitcoin BTC Halving 2020 Wozniak Foundation 61,465 watching Live now Binance - Market Orders Tutorial - Duration: 2:39. Арилжааны сайтуудад бүртгүүлэх: 💰 Binance: https://www.binance.com/?ref=1092986 💰 Kucoin: http://bit.ly/2DcDsYr 💰 Hitbtc: http ... The Crypto Dad shows you how to buy IOTA on Binance.com. IOTA is a new cryptocurrency designed for the Internet of Things (IoT). It is Scalable, Decentralized, Modular, with No fees! It does not ... Bitcoin Ethereum e Binance. Il ciclo in atto cambierà le sorti del mercato! #criptovalute #tradingon #Bitcoin SCOPRI la TRADINGON ACADEMY: https://bit.ly/2VnP6oo SCOPRI IL CORSO It's Trading Time ...