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Justin Sun Speaks about TRON's 2nd and 3rd Quarter Plans of 2019

On Thursday (14 March), the Founder and CEO of the Tron Foundation, Justin Sun, presented a progress report on the TRON platform on the 2nd day of the TOKEN2049 Conference in Hong Kong and told what was happening in the rest of 2019.

Below are the main highlights of Justin's presentation.

Current Status:

27 Super representatives (SRs); 100+ candidates (who also work with full nodes); The mainnet running on TRON is 262 days;

In the last 14 days, the average number of daily operations (about 3 million) was approximately 3.3 times Ethereum;

Number of Mainnet accounts (over 2.1 million; adding 10,000 new accounts each day), EOS (although EOS started one month before TRON);

6000+ intelligent contracts (although the TRON smart contracts platform was only launched in November 2018);

Decentralized applications (DApps); Justin Sun is confident that by the end of 2019 there will be around 2000 DApps;

According to a recent report by Dappreview, the DApp trade volume on Tron was greater than the sum of the DApp trade volumes on Ethereum and EOS;

The DApp trade volume is currently about 50% of the network's trade volume;

Justin sees that the second one in the future (that is, more people use trx than trade); this is a sign of the healing health of the TRON platform
BTT launches launchpad binance launchpad; Sold within 40 minutes; and Bittorrent has over 100 million active users; there were more than a billion device installations; and have users in 138 countries.

2019 2nd and 3rd Quarter

Launch of BTT token at BitTorrent Rate;

BitTorrent Live was built (basic view, broadcast, gift, chat features only applied within 10 weeks);

Ilen Starting the early version shown to the selected audiences within weeks! “;

”Tether and TRON have launched a new partnership to launch TRON-based USDT in accordance with TRC-20 başlat; This smart contract has already been deployed on TRON's test network, and the plan is scheduled to start over the main network in early April;

USDT-TRON's advantages over USDT (in Omni network): up to three hours of instant operations; free transactions against US $ 6-7 per transaction; use situations not limited to trading (for example, in decentralized DApps and BitTorrent ecosystem);

I Sun Network olan, the Tier 2 solution to increase the scalability and speed of TRON, was released in the second quarter; it offers a kapasite continuously improved side chain yan that provides unlimited tps capacity expansion for the main chain;

Privacy support (ie, protected transactions similar to those offered by Zcash) was added in 2nd and 3rd quarters:

BitTorrent FileSystem (BTFS) is expected to start in the third quarter; The goal is to become the best decentralized storage solution for it.

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph