#Tron Update: New Acquisition, BitTorrent Sighting, #TRX Lockdown and a Look Inside the $1.5 Billion
From a new acquisition to a sneak peek inside Tron’s headquarters in Beijing, here’s what the $1.5 billion blockchain is up to.
New Acquisition
Tron has reportedly purchased a big league domain name in the blockchain space.
According to Tron.Live, Tron has acquired the domain name Blockchain.org. It plans to create a platform offering “big data analysis, project evaluation, information search and other services for users in the blockchain field.”
BitTorrent Integration
The first sign of Tron’s presence in the BitTorrent ecosystem has emerged.
A user on Reddit snapped a screenshot of an advertisement for Tron on uTorrent, which is a desktop app owned and developed by BitTorrent. Tron bought the legacy file sharing company back in June for more than $100 million.
Tron (TRX) traded down 0.3% over the past 24 hours and is currently trading at $0.02252587USD.
Tron had a 24 hour low of $0.02206336 and a high of $0.02364887
Tron is the 12th largest cryptocurrency by market cap size.
Tron currently has a marketcap of $1,481,033,715 USD
Its 24 hr trading volume is approximately $110,697,877 USD.
It has a circulating suppy of 65,748,111,645 TRX.
About Tron (TRX): TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription, and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem. TRON is one of the largest blockchain-based operating systems in the world. It has extremely high throughput. The high throughput is achieved by improving the TPS in TRON, which has surpassed Bitcoin and Ethereum, to a daily use practical degree. It’s very scalable. Applications are given a wider variety of ways to be deployed in TRON because of its scalability and highly effective smart contract. It can support enormous numbers of users. It’s highly reliable. Its reliable network structure, user asset, intrinsic value and a higher degree of decentralization consensus come with an improved rewards distribution mechanism. Tron was founded in September 2017 by a Singapore based non-profit organization called the Tron Foundation. It is headed by CEO Justin Sun, and has a dedicated in-house development team that includes renowned technology stalwarts.
Tron (TRX) can be bought with fiat dollars, debit and credit cards on cryptocurrency exchanges such as Changelly.com and it can be bought with cryptocurrency on exchanges such as CoinEx, Binance, and HitBTC.
