TRON (cryptocurrency)

You missed bitcoin!

You missed Ethereum!!

Now you’re about to miss Tron!!!

1 Tron costs N15 now but by December…1 Tron will be N1,000

If you have just 2000 Trons by December, that will be 2million naira!!!

Do your research on Google. Don’t miss this like you missed bitcoin and Ethereum!!

I want to show you how to accumulate 2000-5000 Trons before December!

All you need to start is just 110 Tron…

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WHAT IS TRON

TRON is a Blockchain-based decentralized operating system based on a cryptocurrency native to the system, known as TRX.

HISTORY OF TRON

TRON was founded by Chinese entrepreneur Justin Sun in 2017. TRON Foundation raised $70 million in 2017 through an Initial coin offering shortly before China outlawed the digital tokens.

 

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Since then, the organization has been beset by allegations of plagiarism. The white paper of TRON was widely accused of plagiarism. Researchers from Digital Asset Research (DAR) have discovered multiple instances of code copied from other projects in the Tron code base. It is also accused of violating the GNU Lesser General Public License v3.0 (LGPL) because the project does not mention that its client, Java-Tron, was derived from EthereumJ, which is one of the first Ethereum libraries. Such accusations were denied by the TRON Foundation, the organization behind the design of the system.

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In 2018, TRON switched its protocol from an ERC-20 token on top of Ethereum to an independent peer-to-peer network. After that, marketed to rival Ethereum, TRON boomed in market capitalisation during the early part of 2018, becoming a top 10 cryptocurrency. On 25 July 2018, the TRON Foundation announced it had finished the acquisition of Bittorrent, the biggest peer-to-peer file sharing network. Upon this acquisition, in August 2018, BitTorrent Founder Bram Cohen also disclosed that he was leaving the company to found China, an alternative to bitcoin created to be a less energy-intensive cryptocurrency.

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By January 2019, TRON had a total market cap of about $1.6 billion. Despite this market performance, some authors viewed TRON as a typical case of the complex and disordered nature of cryptocurrencies. In February 2019, after being acquired by Tron Foundation, BitTorrent started its own token sale based on the TRON network. The internet community responded in a polarized way, many industry analysts including former staff from Tron Foundation, believe, it unlikely that Tron could execute transactions at the rate needed to make a tokenized BitTorrent work.

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In May, 2019, the cyber-security testing service HackerOne revealed that just one computer could have brought TRON’s entire blockchain to a halt. The revelation showed that a barrage of requests sent by a single PC could be used to squeeze the power of the blockchain’s CPU, overload the memory, and perform a distributed denial-of-service (DDoS) attack. After cancellation of a dramatic charity lunch with Warren Buffett in July 2019, TRON’s fate started to become more obscure since the founder and the organization behind it suffered more public embarrassment.

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On January 23rd, 2020 at 6:00 PM CT, Justin Sun met Warren Buffet, Chairman and CEO of Berkshire Hathaway for dinner, at Buffett’s suggestion, at a private country club called Happy Hollow Club, in his home city of Omaha, Nebraska. Sun brought several guests, including Litecoin creator Charlie Lee, eToro CEO Yoni Assia, the CFO of Huobi, Chris Lee, and head of the Binance Charity Foundation, Helen Hai.

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