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Huobi personally feels that it has come to an end. Yesterday, the SEC’s output was crazy, and the net withdrawal of the platform was only 30 million US dollars (a few days ago, the net deposit of 20 million US dollars per day, the SEC has accumulated a wave of output for five years, so it’s worthless for a day and a half). It was a wave of crazy output, and a wave of coin withdrawals was launched, with a net deposit of 7 million. Heizi should be hacked and it's over, so let's trade with peace of mind. There is nothing black, nothing to fall, only skyrocketing.
The TRON version of USDT has successfully climbed to the top of the stablecoin market, surpassing the Ethereum version of USDT for the first time and becoming the first choice of hundreds of millions of users! 🎉
Since the birth of TRC20-USDT, in just 2 years, TRC20-USDT has come from behind, surpassed ERC20-USDT, and became the king of stablecoins. TRC20-USDT uses smart contracts to complete the issuance, holding, and transfer on the TRON chain, which is completely open and transparent, low transfer fees, and arrives in seconds.
Thank you for your support and affirmation! 💗
One of our biggest goals is to go all out in the Caribbean. It has a very crypto-friendly community, and Dominic is one of the frontrunners.
Huobi Global will relocate its headquarters to the Caribbean, working closely with Dominica to develop crypto infrastructure.
In the past two years, the industry has been in a bull market, global competition is intensifying, and the challenges faced by teams with Chinese backgrounds are particularly huge. Even Alibaba and Tencent are not immune. The stock price has returned to 2017, but the TRON ecosystem is still thriving. The reason is that we deployed internationalization early. We must demand ourselves at the top level in the world, otherwise we will fall behind, because what we are facing is international competition! The international blockchain stage cannot be without Chinese, after all, Hualiu is the best!
The number of TRON users exceeds 65 million
On December 6, 2021, according to the latest data from TRONSCAN, the total number of TRON accounts reached 65,362,705, officially breaking through 65 million, with an increase of more than 1.2 million in the past week. The various data of TRON are progressing steadily. While the TRON ecology is gradually becoming stronger, it will also usher in more
◎TRON | Community Ecology
According to the official data browser BTSCAN, the number of active super miners of BitTorrent File System (BTFS) exceeds 1.4 million!
At the same time, according to BTSCAN, the total number of BTFS miners has reached 4.26 million, the number of super miners has reached 2.36 million, the total number of contracts on the entire network has reached 61.57 million, and the total network revenue has reached 12.1 billion BTT.
TRON is advancing the blockchain space into a new era as it focuses on developing the foundation of a decentralized global ecosystem, a key sector of the crypto space. TRON is a highly rated cryptocurrency with great potential for widespread adoption in the future. Much of these expectations are due to the continuous formation of strategic partnerships within the TRON ecosystem to increase awareness of the platform.
An example of such a partnership is the recent one with the Dominican Republic, where the TRON platform will be used to create a fan token called the Dominica Coin (DMC), which will be used to promote the country’s ethnic and cultural heritage.
This year has brought huge volatility to several cryptocurrencies and TRON is no exception as it has changed sentiment every time this year. Current crypto market trends are heavily influenced by negative news, such as the demise of FTX and the collapse of its native token, FTT, resulting in bankruptcies that wiped billions of dollars from the crypto market. TRX touts itself as a deflationary coin as the development team is constantly implementing a burn mechanism in order to make total circulation scarce and stabilize the price of TRX. registration link:
The TRON Foundation is the governing body of the TRON blockchain. Their goal is to popularize and further develop blockchain. Based in Singapore, they ensure that the TRX blockchain is regulated and complies with the law. Tron, Justin Sun, is still the leader of the Tron Foundation and was included in the Forbes Asia 30 Under 30 elite list.
In 2018, BitTorrent, a popular peer-to-peer torrent sharing network, announced that the TRON Foundation had acquired them to use TRX tokens to incentivize and reward network users. This generated a huge amount of interest in the token and soon, it crossed the $1 billion capOfficial website
One of the main use cases and benefits of the TRX platform is to support content creators and artists by providing ownership over the content they create.
This is done by storing and tracking information about what is created and its usage on the blockchain.
Thus, content creators can directly track how their creations are used and the rewards they receive for making them. The middleman is cut out and content creators get paid
TRON and Valkyrie co-host the Nasdaq Bell Ringing Ceremony
Valkyrie Investments, a digital asset management company with Justin Sun as the largest strategic shareholder, and TRON co-hosted the Nasdaq bell ringing ceremony. Representatives from both Tron and Valkyrie Investments participated in and witnessed this process. At the same time, the large Nasdaq screen located in the landmark location of New York also scrolled advertisements of Valkyrie Investments and three crypto-asset ETF products approved for listing on Nasdaq.
Justin Sun, the founder of TRON, has always been known as an "industry wind vane". Valkyrie Investments has been continuously recognized by the capital market. This investment demonstrates Justin Sun's strategic vision. At the same time, this is also an important breakthrough for TRON under the leadership of Justin Sun to vigorously promote the compliance of the encryption industry and enter the global mainstream financial market. registration link:
Tron (TRX) surpasses other platforms in market cap of stablecoins
Tron reached an important milestone, completing 5 billion transactions. This milestone highlights the growing popularity and wide adoption of this blockchain by developers, companies, and cryptocurrency enthusiasts around the world.
The high transaction volume reflects the trust users place in TRX as a reliable and efficient blockchain-based platform.
In addition, TRX has outperformed other platforms in terms of stablecoin market cap. The market capitalization of stablecoins on TRX is $36.4 billion. Truly extraordinary numbers for this industry.
This is a remarkable achievement for TRX, reinforcing the platform’s position as a reliable and efficient network for stablecoin transactions. It also indicates that users and investors have confidence in TRX’s ability to support the growing user demand for stablecoins.
TRX’s success in terms of transaction volume and stablecoin market cap can be attributed to its advanced technology and features.
nvesting in TRON (TRX) – Everything You Need to Know
Since TRON (TRX) entered the cryptocurrency market in 2017, it has been one of the most active followers in the industry. The token has taken full advantage of community support and its unique technical advantages to become one of the top ten cryptocurrencies in the world by market capitalization. Even more impressive is that it took TRON just two years to complete this task.
The TRX token is a utility token issued by the TRON Foundation and is the intermediate currency for all TRC-based tokens. These tokens reside in MainNet and they facilitate easy transactions across the blockchain.
The RON network relies on the Delegated Proof of Stake (DPoS) consensus mechanism to secure the blockchain. DPoS is similar to a proof-of-stake consensus mechanism that allows users to earn passive income whenever they put their stake into a web
Harvesting leeks is no longer the mainstream profit model, but empowerment is. Although many blockchain players are unwilling to admit it, harvesting leeks is indeed the current mainstream profit model. Although this profit model adds the label of blockchain, it is still a traffic-based development model in essence. After the reshuffle, this business model focusing on harvesting traffic will be completely abandoned, and empowerment will become the main profit model of blockchain projects.
When concepts and gimmicks become the mainstream of the development of the blockchain industry, along with this trend comes the continuous emergence of various fake blockchain projects. This way of development is actually very harmful. If this way of development continues, people will lose confidence in the blockchain, and the technology of the blockchain will also stagnate. For an industry that relies heavily on technology, the blockchain industry must bid farewell to concepts and truly return to the technology itself in order to find a development path that suits itself.
Mining is actually the behavior of nodes maintaining the network. If users want to participate in the blockchain network, they must become a node, and maintain this distributed database network by keeping accounts or storing certain data. The behavior of maintaining network nodes is called mining. Whether it is the Bitcoin network or other blockchain networks, there will be rewards for this behavior, because if there is no reward, everyone is unwilling to actively maintain the network, right? I contributed my computer's CPU network bandwidth and used the hard disk for recording, so I was rewarded. This reward is vividly called the "mine" dug out. In the future on CUN's network, we will reward contribution points for users' behaviors of maintaining the network, which is a sustainable contribution record certificate, which can quantify and record users' contributions to the community, and become the basis for community governance and distribution. Welcome everyone to pay attention.
Blockchain is a revolution in production relations. This point of view is also put forward by the mainstream Internet. However, most of the mainstream Internet has an incomplete understanding of production relations. We have all learned in school, what is the core or basis of production relations? It is the ownership of the means of production. The current means of production are owned by a few people, whether it is company equity or income, etc. These ownerships are always only related to a few people, and have nothing to do with most of us.
Blockchain solves the incentive and distribution problem of cooperation. The rewards given to you in the blockchain network will always be yours, and no one else can take them away, and whether it is labor, transactions or funds are regarded as contributions, they will be rewarded according to the incentive mechanism, and these rules are set. Form a consensus and write the code to let the computer execute it automatically.
The node maintains the Bitcoin network is mining. A block of trx can hold up to 4000 transactions, and a block is generated about every 10 minutes. The block will form a random SHA256 hash. The first to calculate the random hash value The node can package this block, and the node will be rewarded with Bitcoin. A block reward of trx is 50 trx in the first four years, and a block reward of 25 after the second four years is halved, which is halved every 4 years.
