26 2月

Two common misunderstandings about blockchain

1. Blockchain is absolutely decentralized

When it comes to blockchain, many people’s first reaction is decentralized. They think that all things can be no longer restricted by the center if they are added with blockchain technology. This is also the biggest misunderstanding that blockchain brings to people.

Just like the various browsers and mobile apps we usually use, Google Chrome has claimed that it is decentralized, does not invade user privacy, and allows everyone to be the owner of their own data, but was still exposed to having revealed user privacy last year.

WeChat also said that it is decentralized, but there are still more and more restrictions on e-commerce and other groups, not to mention the new social products that have just been released by Toutiao, Kuaishou and Smartisan technology. 

We live in a world where we claim to be centralized, but we still live in every corner of the centralization, and the blockchain can’t solve this problem once and for all.

The “decentralization” of the blockchain does not mean that there is no center, but rather that the highly concentrated center becomes distributed, which is equivalent to dividing a center into a number of nodes, each of which may become a center for some phase. This is a distributed network, retaining a certain degree of centralization, and there will be new centers, which has improved the centralized system to some extent.

With the continuous development of the blockchain technology and the staged landing, in the future, blockchain technology will appear in more and more fields, and the centralization problem will be further solved, especially the problems of giant monopoly and other issues will be weakened and even eliminated, people will see a more free and open world.


2Blockchain equals to bitcoin 

Many people can’t tell what the blockchain and bitcoin are, so they simply confuse the two, thinking that the blockchain is bitcoin, and bitcoin is the blockchain, and this is completely wrong.

 Accurately speaking, blockchain is a new application mode of computer technology such as distributed data storage. P2P transmission, consensus mechanism, encryption algorithm, etc. To put it in a simple way, blockchain is a new technology. Just like artificial intelligence, big data, etc. Except that blockchain technology has been widely valued and developed in recent years.

Blockchain contains many products like cryptocurrency. Public chain, DApp, etc. Blockchain projects of Baidu, Alibaba, Tencent are also based on blockchain technology. People often say “the blockchain is the next era of the Internet, and it is meaning the blockchain technology.

Bitcoin is the first cryptocurrency based on blockchain technology. Everyone can get it through mining, or directly exchange it in the exchange via fiat currency. The maximum number of bitcoins is 21 million.And by 2140, all will be issued and will not be added.

Therefore, the correct relationship between blockchain and bitcoin should be – Bitcoin is the first application of blockchain.

And the birth of Bitcoin has helped people see the application prospects of the underlying technology blockchain. Bitcoin has contributed to blockchains, and blockchain has also contributed to bitcoin.

26 2月

What is cryptocurrency exchange and OTC? What are the advantages of cryptocurrency exchange?

 We often hear about cryptocurrency exchange and OTC, what are they and what are the differences between them?

The traditional trading platform only has OTC transaction, that is, fiat currency and digital currency transaction. The fiat currency varies in different countries, such as the US dollar and the Japanese yen. Its advantage is that it can quickly change the digital currency into a fiat currency, that is, a quick withdrawal.

 However, the drawbacks of fiat currency transactions are gradually exposed. With the increasing number of digital currencies, if you want to invest in other currencies, you can either increase your investment or convert existing digital assets into fiat currency and purchase other currencies. This has greatly increased transaction costs and time.

Here comes cryptocurrency exchange. Investors can invest without adding fiat currency principal.

Cryptocurrency exchange has more advantages than fiat currency trading. First of all, the utility of funds can be fully realized. For example, if you predict that the price of digital currency A will drop sharply for a period of time, and the digital currency B will rise, you can complete the fast switching between A and B. If the forecast is accurate, you can make a quick profit. If the mainstream currency falls across the board, you can quickly switch to a stable coin.


Digital currency

 Second, with the expansion of the application of digital assets, different digital currencies will be used in various commercial fields. For example, blockchain summits, forums and other activities need to pay digital currency. Cryptocurrency transactions can directly realize the exchange between digital assets, which is convenient and fast, and the economic cost and time cost are relatively economical, and there is no need to increase investment.

 Finally, the evasion of policy risks. Affected by regulatory policies, some countries and regions have banned financial institutions such as banks from providing services to the cryptocurrency industry, so that exchange between fiat currency and digital currency cannot be carried out, and currency transactions can become an alternative for investors.

At present, cryptocurrency trading has become the mainstream trading mode. At the beginning of 2018, the trading volume of cryptocurrency transactions has exceeded the trading volume of fiat currency transactions, and major mainstream exchanges have provided cryptocurrency trading business. With the wide application of digital currency applications, currency transactions will show greater advantages.

26 2月

Justin Sun, founder of TRON, gave a congratulatory message to the global community in 2019

It is another year of Lunar New Year. On behalf of all the staff of the TRON, I would like to express my sincere blessings to the friends who have passed the Lunar New Year. I wish you all the best in the Year of the Year, that is, the Year of the Pig, Zhu Yu, Zhu Yu Man Tang, The Year of the Pig is a great luck! Happy New Year!

Justin Sun

In the past year, the TRON has achieved a series of remarkable achievements:

December 30, 2017 TRON code open source

On March 31, 2018, the TRON main network test online line

May 31, 2018, the main online line of the TRON

On June 25, 2018, the TRON independence day and the opening of the super representative election

July 30, 2018, TRON Virtual Machine TVM Beta Released

On August 30, 2018, the official version of the TRON virtual machine TVM was released.

On October 8, 2018, Osset 3.1 was released, the committee function was launched.

Open TRON Accelerator Million Dollar Acceleration Program on November 17, 2018

The official opening of the niTROn Summit 2019 hosted by the TRON on January 17, 2019

This year, the total market value of the global cryptocurrency in the TRON reached the seventh place from the 15th at the beginning of the year.

This year, the main network of the TRON has been online with more than 200 Dapps in 3 months, and the top 10 in the Dapp rankings has 6 in the list.

This year’s TRON single-day transfer from 0 to 3564905 spent 7 months

This year, the number of main accounts of the TRON from 0 to 1598135 took 7 months.

This year the TRON created too many miracles, and these miracles are inseparable from everyone’s support.

In the new year, I invite everyone to join us on the new journey of TRON for the future!

Justin Sun

February 4, 2019

26 2月

TRON-ONE, one of the TRON SRs, Launched the 14th proposal to “allow Token to be renamed” in 2th January

TRON-ONE, one of the 27 super-representatives of the TRON eco-community in today’s TRON, launched the “Allow Token Rename” proposal with the proposal ID No. 14. If this proposal is approved, the TRON network will be able to create “renamed” assets. The proposed expiration date of No. 14 is 2 pm Beijing time on January 05, 2019.

For more information, please visit:

Click here to view

26 2月

Why are you choosing VenaPi as your TRON Wallet?

When you are talking about TRON Wallet, what are you talking about? Are you talking about receiving and sending TRX, or are you talking about playing DApps on mobile, or are you talking about voting for SRs and freezing TRX for energy?

You are talking all about this. You want all these, so VenaPi is here waiting to satisfy your demand.


Appreciated by Justin Sun

VenaPi was online on Dec, 2018, soon after that, Justin Sun posted the news on twitter and express support and appreciation.

twitter by Justin Sun

At the same time, VenaPi is also available on Tronscan. The cooperation of TRON and VenaPi certainly has contributed to the building of TRON eco-system.


A easy local wallet

VenaPi is a local wallet that is very easy to use. If you are a new user, you will be easy to get familiar with the app. If you are a experienced TRON fan, you can also find that you feel more light and convenient when using VenaPi.

Receiving, sending, voting for SR, freezing for energy, you can complete all these function and operation easily. No matter you focus on UI, interactive or other points, you can find the good design.


play DApps on mobile

Certainly, the most exciting point is that finally you can play DApps on mobile! How to do if you want to play Tronbet or Hashdice when you don’t have a laptop with you? With VenaPi, you can play DApps with your mobile phone everywhere!

VenaPi picks about 100 DApps for you. TRON has 200+ DApps now, but many of them are well developped. VenaPi only offer good DApps to users. VenaPi have a mark system to rate for DApps, only DApps with a high mark can pass. VenaPi is protecting users from scam DApps and terrible DApps.


With reading the content above, you may realize that VenaPi is worth trying. So why not have a try? Let’s download and try VenaPi!

26 2月

TRON (TRX) has landed on the Russian digital asset trading platform BITEXBOOK

BITEXBOOK will provide TRX traders with a strong demand service, enabling TRINICS to reduce the workload of managing encrypted assets and make them transparent and reliable.

BITEXBOOK credit guarantee:

Instant deposit: All deposit and withdrawal options are instantly and efficiently. All client funds transfer will be processed within 1 minute and you can start currency conversion immediately.

Withdrawal within 1 hour: BITEXBOOK guarantees that the withdrawal verification will be completed within 60 minutes.

24-hour verification: BITEXBOOK does not require one month or one week to verify customer identity. Upload your file and BITEXBOOK will complete the verification within 24 hours.

26 2月

Journey for 2019 of Vena: Exploring in the TRON World

Vena Network is an open protocol for asset financing and cryptocurrency. It has received investments from LD Capital, Consensus Laboratories, Return Funds, and Newdo Ventures.

Vena Network’s VenaPi, as a decentralized wallet + DApp Browser, is one of the strongest entrance of TRON eco-system. As the valuable token of TRON ecology, Vena Token can be used in mining in TRON head DApp “Hashdice” and the Hashdice has reached 30 million yuan within half a month.

Vena Network’s other product-VenaBao, also provides TRON energy leasing services for a variety of head DApps.


Vena Network

As the leader of blockchain innovation, VENA Foundation always regard realizing self value and build application as the target.

Vena Network

Vena Network (short for VENA) has a clear roadmap and TRON is a key step. At the end of 2018, VENA team developed two products: VenaBao, a financial product base on TRON and VenaPi, the biggest entrance of TRON. Especially, the volume of VenaPi has reached forty million and the user number is keeping increasing. It is believed that as the blockchain ecosystem is developing, VenaPi will be a deep attendant of many landing applications.

In 2018, VENA is exploring. Investment from LD capital, Consensus Lab and KuCoin illustrates that the team and the product is appreciated by the market.

investors of Vena

Now the actions of VENA is the reflection of the strength. After landing on LBank, VENA, the token of Vena Network will be listed on ABCC exchange on Jan 25th, which certainly offers more possibility for the circulation and oversea business of VENA token.

VENA has been resisting on the core strategy of product value since VENA team developed VENA financial platform (vena.app). It can be seen that VENA issued token after developing the product, which shows the sincerity of VENA. Since the product is online in 2018, VENA devotes self to finding more scenes for token value circulation, which is the power that support VENA team to go further in a long term.


VenaPi: Connecting the DApp Ecology

twitter by Justin Sun

Now, the actual trading volume has reached 40,000,000TRX. Located as a DApp browser+wallet of TRON, VenaPi is servicing DApp ecology builders and customers. Among the DApps that have been online, head TRON DApps like HashDice has supported VENA token. DApp is the scene that lands most now, VENA’s being with DApp is the reflection of its value.

After VenaPi was online, more than ten DApps choose to be first issued on VenaPi in three weeks, and several DApps choose to cooperate with VenaPi. VenaPi is recognized by more and more developers, and becoming the actual biggest TRON entrance.


VenaBao: Increase the Value of Cryptocurrency Assets

VenaBao

VenaBao is based on energy loan finance product for customers developed by VENA team, which now supports TRX and USDT financing. Now, over 5,000,000TRX has been mortgaged by VenaBao, offer financing products between 7 days to 1 year. VenaBao cooperates with Knownsec to keep the security of the product. VenaBao offers annual interest of 5%~24%, which is a stable plan for asset appreciation.


Strong Cooperation, Empower Each Other

founder of Vena, Ching (left)

The VENA team has always attached importance to industry cooperation to create a healthy and prosperous industry track. VENA CEO&Founder Zhu Qing was invited to attend TRON Developers Conference in San Francisco. VENA’s excellent product form and accurate positioning have been widely recognized and followed.

Resource Bank, Capacity Leasing, User Finance, DApp Experience, let VENA build a moat of its own. TRON super nodes including CryptoDiva has already done many activities with VENA, and it has been interacting frequently on social platforms. VENA communities have been linked to more than 50,000 people and they deeply participated in many projects and overseas operations.

In the past six months, VENA has traveled to Vietnam, Thailand, the United States, Hong Kong and other countries and regions and has cooperated with more than ten local enterprises. VENA’s open vision and deep financial innovation capabilities have also helped VENA win numerous awards.


Won the “New Blockchain Technology Award”

won the New Blockchain Technology Award

On August 10, 2018, at the 2018 Fenwick Financial Technology Summit (Hong Kong), the FINWISE Awards Ceremony kicked off. The festival has set up four awards: “Outstanding Persons Award for Distinct Blockchain”, “Outstanding Financial Technology Enterprise Award”, “Blocked New Technology Blockchain Technology Award”, and “Outstanding Technology Finance Award”.

Vena Network won the “New Blockchain Technology Award” at the awards ceremony of the summit. Zhu Qing, CEO of Vena Network, was invited to the summit and took the stage to receive the award.

Vena Network will not be afraid of the cold, and will be on the road of “committed to continuously promote the innovation of blockchain technology and tap the value of the blockchain industry”.

Vena Network: https://vena.network/

VenaPi: https://pi.vena.app

26 2月

What is the side chain? what’s the effect?

The side chain is for the main chain. In general, the main chain can be understood as a formal, independent blockchain network. The side chain is not. It does not specifically refer to a blockchain and is a general term for all blockchains that adhere to the sidechain protocol.

The sidechain protocol refers to (in the case of Bitcoin as an example). A protocol that allows Bitcoin to be safely transferred from the Bitcoin.Which backbone to other blockchains and safely returned to the Bitcoin backbone from other blockchains. The same is true for replacing Bitcoin with Ethereum or other blockchains here.

Due to the unique network structure characteristics of Bitcoin. If you want to upgrade the original technology and other large-scale changes. Or directly add functions on the Bitcoin blockchain.

Iit will be more dangerous, because once the software failure occurs in practice. It may cause serious congestion in the Bitcoin network and cause asset loss.

Sidechain technology allows developers to attach new features to other blockchains. But these blockchains still attach to existing bitcoin blockchains.

New features in these blockchains can take advantage of the existing Bitcoin network features without jeopardizing existing bitcoin networks.

In addition, the main chain lacks the functionality that side chains can provide.

For example, Bitcoin does not have the function of a smart contract, and sidechains can do this.

The transfer of the main chain is very slow, there is no way to meet the daily payment needs, you can develop lightning network payment to meet the daily payment needs.

Also because of the low performance, Ethereum has no way to support large commercial-grade DAPP, which can be achieved through sidechain development.


Regardless of whether the sidechain uses blockchain technology

We can understand the side chain in another, simpler way. Any network that provides support or services to the original primary network can be called a side chain, regardless of whether the sidechain uses blockchain technology. For example, a third-party payment network can be imagined as a main chain by the banking network system, and Alipay is a side chain. Considering the network of virtual currency transactions such as Bitcoin as the main chain, the exchange can be seen as a side chain.

Finally, the blockchain technology extended by the sidechain protocol greatly increases the application scope and innovation space.

Iit can support multiple asset types, small and micropayments, smart contracts. And also security processing mechanisms, property registration, etc.

And can enhance the privacy of blockchain. protection. With sidechains, we can easily create intelligent applications such as financial contracts, stocks, futures, derivatives, and more.

25 2月

Dialogue with Li Cong, the head of Tron developer community.

We had a dialogue with Li Cong, the head of Tron developer community. This is the first time that Tron has responded positively to topics such as “public chain disputes”, “data fraud” and acquisition of BitTorrent.

Tron responded to “public chain dispute”: there will be more creative Dapps in the future

Question: At present, the Tron DAPP is mainly based on probabilistic and predictive games. What do you think about this?

Li Cong: At present, the development of DApp games is indeed a bit unbalanced. It may be because you have seen such successful experiences on other platforms, so transplanting such DApps directly to Tron. After all, people know that it is a feasible solution. Tron is committed to creating a decentralized system platform. And it is also hoped that the community will promote its development, rather than, and do not interfere as Tron public chain.

At this stage, TronDice and TronBet have an advantage, and blockchain believers still believe that the types of DApp will be in full bloom. Which may be in the near future. As a contributor to the blockchain industry. Tron is currently focusing on investing in resources to help creative DApps.

Tron DAPPs are popular, is it false prosperity brought by DAPP mining?

Question: There are a lot of mining in DAPP, not real players are playing, how do you think of false prosperity?

Li Cong: I have not done any careful research, but this is just part of the truth. Some people have been doing it seriously, and some have made false transactions. I have not felt that it is going to collapse.But I feel that it is natually the process of survival of the fittest in the development of the industry.


Really very curious about security of Tron DAPPs 

Question: Before the interview, there were two EOS DAPP smart contracts found with security issues. And a case of security vulnerability in the underlying EOS system. Now I am worried that playing games on Tron and get attacked by hackers.

Li Cong: The DApp security issue has indeed appeared in the industry many times. One of the reasons is that the complexity of the decentralized blockchain platform provides the opportunity for hackers. Another reason is that blockchain applications are still in the early stages, which has also appeared in the traditional software era and the Internet era, but it is not so serious compared to the traditional software era and the Internet age.

Tron is the latecomer, because the developer has learned a lot on other platforms, so the quality of the DApps are higher in Tron.

Hashdice
Hashdice is hot game

The pool is so limited, DAPPs are fighting for users, and people are cheating with each other. Where can I find growth?

Question: Dapp in other public chain presents a clear number of users ceiling, Dapps are competing for the stock market.

New users are difficult to obtain, resulting in DAPP becoming a capital game for mutual harvesting among public chain users.

Li Cong: In the case of a limited user stock market, it is a fact that DApp developers are struggling to compete. This is not a bad thing in itself, because competition itself is a process of progress that will lead to the survival of the fittest.

Of course, Tron has made a lot of efforts in terms of user growth, such as encouraging developers to innovate in new ways to win new users, and improving user experience to attract other platform users.

I also want to point out that as believers and followers of the blockchain, we still need patience. As the industry grows, we need to have enough endurance to support the development of the blockchain industry.

In addition, Tron has an important factor that will be successful compared to other networks. That is the combination of Tron and BitTorrent. The massive users of BitTorrent will become potential users of DAPP, so users base and potentials of Tron are higher than other public chains.

25 2月

TRON and the Binance Charity Foundation teamed up with the ALS Association to jointly host a special Valentine’s Day charity event

On February 14th, TRON and the Binance Charity Foundation teamed up with the ALS Association.

When they to jointly host a special Valentine’s Day charity event in the United States # Voice Your Love #, the event aimed at the ALS patients and their families. Appealing to everyone to speak loud your love together and tell them how much you love them. Once launched, the event not only attracted the recognition of ALS patients and their families in the United States. But also received extensive support from all walks of life.


what’s the ALS?

ALS is a progressive neurodegenerative disease that affects nerve cells in the brain and spinal cord. During the course of the disease, people with ALS lose the ability to move. Include Talk and eventually breathe.

ALS Association is the only national non-profit organization in the United States that fights ALS on all fronts.

By leading global research, using a nationwide network of clubs to support ALS patients. They Using a certified clinical care center to coordinate multidisciplinary integrated care and fostering government partnerships, the ALS Association is actively seeking to build hope and improve quality of life for ALS patients and search for new treatments and cures.

Brian Frederick, executive vice president of communications at the ALS Association. He said: “Our requirements are simple, just go online and express love for loved ones and friends. We are very grateful to TRON and BitTorrent. For using their resources and the vast network of blockchain industries to support our efforts to find cure for ALS.

Binance “BCF”

The Binance Blockchain Charity Foundation (BCF) is the world’s first blockchain-driven charitable foundation.

It is the world’s largest digital currency asset exchange.Binance is the initiator, and established the world’s first transparent charitable donation platform.which aims to promote the proposition of “transparent charity” and promote the realization of the UN’s 2030 sustainable development goals.

CZ, founder of the currency, said: “Using blockchain to empower social welfare and charity is the mission of Binance.

We firmly believe that the blockchain can make the world more transparent, trustworthy and beautiful.

The transparent donation platform also launched the fundraising channel of the project, hoping to arouse public attention to ALS patients with ALS Association and TRON, and let patients get more direct help.”

In this tripartite cooperation event, TRON BCF and ALS Association jointly called on everyone to use the blockchain technology of Tron to make the charity donation more transparent! Recognize ALS and raise donations to develop treatments, while using blockchain technology to increase transparency and track donations more effectively.

Justin Sun, founder of Tron said: “The TRON, BCF and the ALS Association jointly organized a Valentine’s Day charity event.

Hoping that under the influence and leadership of the public figures, everyone will participate and pay attention to social welfare and use blockchain technology to help solve the problem of transparency of donations and dispel the concerns in helping others.”

Surprisingly, during this charity event, many famous people including Courteney Cox, three-time Golden Globe winner Renée Zellweger, and one of the best quarter-finals in American history, Terry Bradshaw, participated in the event and sent the most sincere blessings to ALS patients!