TRON Foundation bought blockchain.org - what does it mean for a TRX token?

in #cryptocurrency6 years ago


However, TRON has just undergone several major changes in the last month. It is worth mentioning, for example, the transition to a proprietary blockchain, the launch of the Tron Virtual Machine (TVM) and, last but not least, the hot news - buying a blockchain.org domain.

What is blockchain.org and how will this domain be used?

Blockchain.org is one of the largest blockchain search engines today. It's essentially about Google for cryptos. You will find information about the current events on blocks of different cryptoms, all transactions along with the number of confirmations, total network activity, mempool size, number of unconfirmed transactions ...

So, that was the TRON Foundation's interest in the domain. Today, you will only see an image that indicates that the site is in a rebuild. However, this should change very quickly.

Blockhain.org and Big Data

TRON Foundation wants to create a new, better, more powerful and faster blockchain search engine on this domain that will analyze a huge amount of data and display it to users in the form of transparent metrics.

Blockchain.org will become a platform for large data analysis (Big Data). For example, evaluating projects, searching for information and other services for blockchain users. Founder TRON Foundation, Justin Sun, also encourages others to take part in this project and jointly build a platform that will support the growth of the block industry.
What does this mean for TRON?

Data analysis will run on TRON blockchaine. This will be the second usable service (the first is BitTorrent) running on this decentralized network. Today, the TRON blockchain dismantles huge computing power thanks to the launch of TVM. And in the future, the situation will most likely improve.

Expect theoretically, for example, the transition to the DPs (Delegated Proof of Stake) consensus algorithm. This algorithm, along with other optimizations in the future, will allow you to process more than 100,000 transactions per second.

Thank you very much for your support!

Coin Marketplace

STEEM 0.31
TRX 0.11
JST 0.034
BTC 64332.82
ETH 3146.25
USDT 1.00
SBD 4.17