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Tron News

Launched in June 2018, Tron is a blockchain-based smart contract platform for powering decentralized applications, or DApps, competing with similar platforms such as Ethereum, Tezos, Cardano and EOS. The blockchain is secured through a delegated proof-of-stake system that sacrifices some degree of decentralization for speed and efficiency. The network is powered by its native protocol token, TRX, which is used for payments, miner rewards and voting.

The project’s reveal proved controversial when it was discovered that the white paper had been largely plagiarized, directly copying material from high-profile works such as Ethereum, the InterPlanetary File System, distributed hash tables, etc. Founder Justin Sun has claimed this was the fault of volunteer translators.

The Tron long-term roadmap consists of six phases that consecutively roll out new initiatives to provide P2P file sharing (now supported by Tron’s acquisition of BitTorrent), content creation, crowdfunding and gaming.

While most of Tron’s network activity is currently driven by gaming and gambling DApps, Sun’s strategic acquisitions clearly slot themselves within the roadmap, perhaps with the intention of accelerating development and adoption without building from nothing.

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Tron’s founder Justin Sun unveiled a new collateralized lending platform meant to bring DeFi to TRX, though it appears to be an exact clone of MakerDAO.

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Tron partnered with cryptocurrency service provider Metal Pay to enable instant purchase of TRX in the United States.

Tron Partnered With Metal Pay to Allow Instant Buying of TRX in the U.S.

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2020-03-25T23:30:00+00:00

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Binance and Huobi have announced support for the upcoming Hive hard fork of the Steem blockchain.

Huobi and Binance Support Community-Led Steem Hard Fork

2020-03-19T13:18:00+00:00

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The Steem community is forking away and relaunching the platform under the Hive name, as prominent members refuse to compromise with Tron’s Justin Sun.

Steem Community Relaunches Platform as Hive to Make It Truly Decentralized

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2020-03-18T13:17:00+00:00

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The TRON founder Justin Sun, who recently bought Steemit, would have too much power: Would it start the centralization within the community?

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2020-03-10T18:44:00+00:00

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Cryptocurrency exchange Binance has officially apologized to the Steem community following its involvement in a major centralization scandal involving Tron foun...

Binance Publishes Apology Letter to Steem Community and Says It Has ‘Unvoted’

2020-03-10T13:16:00+00:00

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In what seems as one of the biggest crypto dramas of 2020, community seems to have the upper hand.

Steem Community Stands Its Ground Amid Tron Takeover

2020-03-06T13:05:00+00:00

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Huobi has posted a statement admitting that it used customer funds to vote with Justin Sun in a bid to remove Steem’s blockchain validators.

Huobi Withdraws Steem Votes, Admits to Mobilizing Customer Funds

2020-03-04T09:07:00+00:00

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