BitTorrent Launching a Crypto on the Tron Network
BitTorrent, which is owned by Tron, plans to launch a cryptocurrency on the Tron Network.
Tron (TRX) is a top coin by market cap that originated as an ERC20 token on the Ethereum network. As of April 2018 Tron moved to its own smart computing network.
Tron aims to be an Ethereum competitor, meaning its aim is to be a smart contract platform that can host decentralize apps. The native token on the Tron network is TRX.
BitTorrent, which is owned by Tron, plans to launch a cryptocurrency on the Tron Network.
Tron has surpassed 1 million daily transactions after its new killer DApp TronBet helped to push it over the 1 million mark.
Bitmex is a crypto derivatives exchange that uses high leverage and margin trading and is open to many non-U.S. citizens. They have been the highest volume exchange in the 2018 bear market.
Tron (TRX) has had a busy month. They launched their main network, will be accepted on a popular adult site, locked up some coins, and more.
Ethereum, TRON, OMG, NEO, EOS, and more are all ICO platforms and many originated as ICOs. If the SEC considers ICOs securities, then about 1/2 of cryptos are securities.
We take a look at how the SEC views cryptocurrency, including them potentially viewing ICOs as securities. Below is my interpretation of statements made by the SEC and actions taken by the SEC pertaining to cryptocurrency.
TRON (TRX) was an ERC20 token on the Ethereum network. However, it is moving to its own network and plans to airdrop TRON to Ether (ETH) holders as a thank you.
Below is a list of important cryptocurrencies and additional resources you can use to learn more about all the different cryptocurrency types.
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