Tron Officially Releases Sidechain Scaling Solution Sun Network

Blockchain-based decentralized application platform (DApps) Tron (TRX) has announced the release of a sidechain scaling solution, the Sun Network, in a blog post published on Aug. 11. Tron has released the V1.0 code for the Sun Network, which is a scaling solution designed to enhance and ensure a supposedly unlimited scaling capacity of the Tron mainnet. This will purportedly let DApps consume less energy and run with higher security and efficiency on Tron. The post further reads that the Sun Network supports smart contract transactions and more customizable requirements such…

Bitcoin’s Continued Weakness Gives Slumping TRON Room to Bounce

TRON had bad publicity lately, including news of police raiding offices and the chief executive canceling lunch with Buffett. But there’s hope. | Source: Shutterstock; Edited by CCN TRON has been recently in the spotlight for all the wrong reasons. First, we hear news of police raiding TRON’s offices in Beijing on accusations that the TRON Foundation is running a scam. Police raids at #Tron offices in Beijing? Additionally, there’s many angry people gathered there who are saying things like “Tron is a scam”. $trx #trx @justinsuntron pic.twitter.com/qFykQErQu6 — Hayden…

Too Sick for Buffett Lunch, Justin Sun Attends Tron Influencer Party in SF

Tron CEO Justin Sun couldn’t attend his ballyhooed lunch on Thursday with finance titan Warren Buffett because of kidney stones, he said. That didn’t stop him, however, from briefly mingling with influencers at a Tron-organized party on Thursday night in San Francisco. The appearance comes just a day after Sun penned an apology to the public, media and regulators for “over-marketing” the Buffett lunch. He didn’t specify which regulators he was referring to, but the letter has so far only been posted in simplified Chinese. “In the future, due to…

Tron Still Hasn’t Fully Paid for BitTorrent a Year On, Creator Claims

BitTorrent creator Bram Cohen has added to controversy swirling around Tron CEO Justin Sun by claiming he did not fully pay him for the streaming platform. Bram Cohen says last payment for BitTorrent still in escrow In a series of tweets July 25, Cohen said that the proceeds from the sale of BitTorrent, which Sun purchased last year, had not arrived in full.  Tron took over BitTorrent for an undisclosed amount in cryptocurrency, with Cohen now complaining the final installment had been stuck in escrow for two months. “Anybody know…

Tron Price Plunges as Justin Sun Denies Money Laundering Accusations

Tron founder and CEO Justin Sun denied illegal fundraising, porn transaction facilitation, gambling and money laundering accusations in a post on Chinese social media platform Weibo published on July 23. Chinese media accuses Tron founder of money laundering Earlier today, Chinese media 21st Century Business Herald claimed in an article that unspecified sources informed its reporters that Justin Sun is still on Chinese territory. The website also cites concerns over alleged pornography-related transactions in his Peiwo social media, fundraising and gambling. The outlet further suggests that Sun cannot leave the…

Tron Creator Justin Sun Apologizes to China in Deleted Social Media Post

Blockchain platform Tron’s founder, Justin Sun, sparked fresh controversy this week after he first posted and then deleted an online apology in an ongoing PR debacle.  Cryptocurrency-focused news outlet Cryptoslate reported the events, providing their own translation of comments Sun reportedly wrote and later removed from Chinese social media platform Weibo on July 25. Sun was due to have lunch with infamous Bitcoin (BTC) naysayer Warren Buffett on Thursday, a date he recently abruptly postponed due to reported ill health.  At the same time, Sun’s intense marketing of Tron, for…

Is Tron (TRX) Price Resurgence Linked to Justin Sun’s Possible Presence in the US?

Tron (TRX) is recovering, adds 13.2 percent Justin Sun is safe and not restrained from traveling Justin Sun, the co-founder of Tron, is “safe” as NewsBTC reported. Other sources indicate that he is in San Francisco and not detained by Chinese authorities. Overly, this is bullish for TRX. Already, the coin is up 13.2 percent from last week’s close. Tron Price Analysis Fundamentals Blockchain, as an emerging technology, is broad and global. Touted as a leading innovation in the 21st century, it is the foundation of the current disruption. Although…

Tron (TRX) Revival Adds 6.2%, Reacting From Q1 Peaks

Tron (TRX) reacts from 3.1 cents, adds 6.2 percent After Justin Sun’s efforts, Tron is dominating in terms of dApp activity Reaffirming the presence of buyers, yesterday’s support at 3.1 cents is a mark of bulls. It is an intervention and the basis for a TRX possible expansion to above 4 cents reflecting buyers of May 2019. At the time of press, TRX is up 6.2 percent from last week’s close. Tron Price Analysis Fundamentals The era of smart contracting is all thanks to Ethereum. By building the frame works…

Tron Foundation Refutes Police Raid Theory, Price Still Drops 9.5% |

A mob of upset investors trespassed the Tron Foundation‘s Beijing office on Monday after getting scammed by a doppelganger firm off tens of millions of dollars. The blockchain company had to call the police to disperse the crowd, according to a string of videos available across the social media platforms. Nevertheless, many in the cryptocurrency community alleged that the law enforcement staff in the video was there to raid the Tron office after it allegedly verified the company’s links with a billion-dollar Ponzi scam known as “Wave Field Super Community.”…

Tron (TRX) May Flourish In July Thanks To BitTorrent Developments

Tron (TRX) flat-lining, stable at 3.1 cents BitTorrent Speed launching on July 8. Tron’s dApp ecosystem is growing, reaching 500, which is a milestone. Meanwhile, the BitTorrent test net is live, and the launching of BitTorrent Speed is significant for Tron and BTT owners. Tron Price Analysis Fundamentals Boasting of superior throughput and scalability, Justin Sun is not afraid to brag about Tron achievements. Notwithstanding possible damage to his reputation, he continues to execute an aggressive marketing strategy. From making announcements encouraging front running to securing a $4.6 million lunch…