"Decentralized internet" protocol TRON's TRX token surged almost 8 percent Monday, October 8, after CEO Justin Sun claimed its forthcoming update would see it beat Ethereum on speed and EOS on cost.
Odyssey 3.1, the latest version of TRON, will go live at 8pm SGT, Sun confirmed on Twitter as a result of "Community consensus."
The changes include the launch of the TRON Virtual Machine, which will allow developers to test smart contracts before they transfer to the TRON mainnet.
"TRON will be 200x faster vs. ETH, 100x cheaper vs. EOS. dApp developers & users, this one is for you!".
TRON's fortunes continue to edge upwards as information trickles through about the status of its 'Project Atlas' integration with content sharing platform BitTorrent, which it acquired in July of this year.
TRX has nonetheless suffered in the 2018 cryptocurrency bear market, currently trading at around $0.027 per token compared with all-time highs above $0.21.
TRON CEO Claims Today's Update Will Make It '200x Faster' Than Ethereum
Publicado en Oct 8, 2018
by Cointele | Publicado en Coinage
Coinage
Mencionado en este artÃculo
Noticias recientes
Ver todo
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.