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Tron News and Price Overview: TRX +7%! BitTorrent Is Now Part of TRON. Tuesday, July 24

24 july 2018, 18:43 by Tim Jackson

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."

Tron News and Price Overview: TRX +7%! BitTorrent Is Now Part of TRON. Tuesday, July 24

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."

Secret Project 

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

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:

TRX/USD Price Chart, Tuesday July 24th

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