Tron News and Price Overview: TRX +7%! BitTorrent Is Now Part of TRON. Tuesday, July 24
Important TRON News
BitTorrent Is Now Part of TRON
Tron project deeply believes in the idea of a truly decentralized web. In pursuit of achieving this goal, they managed to acquire BitTorrent, which is in a way the definition of the decentralized world, as it relies on a peer to peer file sharing protocol.
The official announcement says: "We are excited to announce that TRON has officially closed its acquisition of BitTorrent. BitTorrent has more than 100 million active users worldwide, and has one of the top-rated apps on Google Play and other products, including BitTorrent Play (iOS), uTorrent Web, and desktop clients for PC and Mac."
The users and the community currently speculates in what way the sole TRX tokens will be used in the BitTorrent network. One of the user says: "Personally believe they will reward users based on bits they 'donate' to others or seeding", another community members speculates that: "While the current BitTorrent client, uTorrent, may not change, I believe they will absolutely create a new front end for their own purposes and use that on the Tron platform to distribute media, make and receive payments etc. would be quite easy."
As we are approaching the day on which a huge announcement regarding TRON will be made, the whole community is trying to get some clues and come up with ideas of what may come. Many people thought that the BitTorrent news may be the secret big announcement, there are still bigger partnerships to come for tron.
One of the user on reddit speculates that the "secret project" may be actually related to the BitTorrent acquisition: "It will be how they plan to use Bittorrent. Which for me is very exciting. The rumor is there's also a new partnership announcement, that will tie in with their plans for that. We'll see." Another big speculation says that TRON may cooperate with Alibaba to accept TRX tokens as the mean of payment.
TRX Price Predictions
The current TRX holders don't hide their excitement, as new annoucements can heavily impact the token price. "This is where all these partnerships Tron has accumulated since last year will start to become relevant. We've all been waiting for the lightning-quick transactions Tron promised and delivered on - now the TVM will enable lightning-fast dAPPS these teams and companies can use to flesh out their own systems and leverage the network. I predict our network transaction numbers will be through the roof comparatively within 3 weeks of the TVM release."
This impacts the potential price predictions for next weeks for TRON tokens. "In general 30 July will have some good points but if something is going to happen like a little moonshot , this will depend on the quality of the announcements. Tron made a very nice progress, compared to other blockchain projects, so far everything has been denied by the market."
TRX/USD Price Chart, Tuesday July 24th:
Follow TokenTops on Twitter to stay notified about new articles, cryptocurrency news, ICO announcements and price predictions and analysis.
Legal Disclaimer: Please remember that trading, buying or any other type of investing in cryptocurrencies should be consider risky and may lead to the loss of all of the invested money. For further information visit Terms and Conditions section on TokenTops. We do not encourage our readers to any kind of financial decisions. Neither tokentops.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from tokentops.com. We believe that everyone should make their own and in depth research on the particular topic in various sources before making any financial decision and this person should be the only one responsible for the outcome. Our writers do their best to remain unbiased and don't actively support any project. The research is done with various sources, the predictions are based on own believes, analytical skills, experts and community discussions and is intended to convey general information only.
You may also like
Tron TRX Soaring Despite Bearish Market, Up By 4%
Tron Surges By 7% Following The Launch Of BitTorrent (BTT) Token
Tron Ends The Week With A 23% Price Spike
Tron Price: TRX Soars By 10% As $100 Million Blockchain Gaming Fund Is Announced
Tron Price Analysis And Prediction: Time To Make The Best Of The Last Two Months Of 2018
Tron’s participation in BitTorrent hackathon sparked interest in blockchain - Tron (TRX) News
You need to login to create comments.