Channel: Crypto Briefing
Tags: tron, trx, crypto, cryptotrading, cryptomarkets, justin sun, dapps
The TRON coin is the most recent in a line of cryptocurrencies to see key gains in a really short timeframe. This coin’s jolt has a lot to do with its creator announcing a Live Streaming Event that will take place January 6th 10am GMT+8 Beijing time on Twitter. That is roughly 9 hours from the time this guide is set to be posted – it will tale place at 8PM Central Time, 6PM Pacific.
According to TRON’s creator Justin Sun, they will be releasing some news about a new major venture, a new set of programmers (adding to their already busy staff ), and a few”tech advancement.” One of those announcements we know only a little about – that the developers come from some fairly prestigious backgrounds.
Five programmers come from four sources: Alibaba, Microsoft, JD, and PKU. Sun also announced earlier this week that the partnership he was set to talk about was”a prestigious public listed company.” Which could mean plenty of things – but is certainly hype-worthy.
The TRON Foundation was on the increase as a platform for monetizing digital entertainment in the not too distant future. “TRON is a blockchain-based decentralized protocol which aims to build a global free content entertainment system using the blockchain and distributed storage technologies,” stated TRON PR. “The protocol allows each user to freely publish, store and personal data, and from the decentralized autonomous form, determines the distribution, subscription and push contents and empowers content creators by releasing, circulating and coping with electronic assets, thereby forming a decentralized content entertainment ecosystem.”
We’ll have a live streaming on January 6th 10am GMT+8 Beijing time. Update you with the newest partnership and technology development. Please do not miss the show! pic.twitter.com/BYwo8BXFWW
— Justin Sun (@justinsuntron) January 4, 2018
The TRX emblem for TRON stands for Tronix. Tronix is a fundamental unit of accounts in the TRON blockchain. Justin Sun, the creator of TRON, was previously Chief Representative in Greater China of none other than Ripple.
OF NOTE: TRON isn’t the same as the Disney film franchise TRON. They share the very same letters, but they’re not the exact same thing. They’re, at the present time, strictly separated and possessed by very different entities.
FUN FACT: Back on the 31st of December, 2017, Sun predicted that TRX would get to the top 10 coins for market cap in the world in 2018. Then, TRON was listed at number 18, under ETC Ethereum Classic, XVG Verge, BTG Bitcoin Gold, QTUM, NEO, EOS, and XMR Monero. The move to the top 10 took four times. As of about midnight Central Time this morning, TRX TRON was number 6.