The founder of Tron (TRX) seems to suffer from an inferiority complex while VeChain claims to be financially stable despite the cryptographic markets crisis

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The inferiority complex is by definition an unrealistic feeling of general inadequacy caused by current or presumed inferiority in a sphere, sometimes characterized by aggressive behavior in compensation. It seems that Tron's founder, Justin Sun, suffers from one of these psychological states while continuing to issue large numbers in an effort so far failed to amaze the wider cryptic community.

TRON is one of the most contested projects in the cryptography market that has become known all over the world through the aggressive marketing of its founder, Justin Sun. Although the price of TRX is currently at a very low level, the platform for distributed applications is it is developing rapidly. At the time of writing, TRON had already processed over 108 million transactions in its network. This milestone clearly shows that the use of the TRON blockchain continues to increase.

According to data from the DappRadar website, much of the volume comes from decentralized betting applications, with the second largest sector coming from decentralized cryptographic exchanges. Although these advances are only the beginning of future development, they show the potential of this idea.

TRONbet is the number 1 in the DApp list with the largest transaction volume – over 10 million TRXs have been paid. Even the new DApp ShrimpFarm is enjoying great interest, but it is still too early to praise this DAPP. The Bitizen gaming app has moved from the Ethereum network to TRON for reasons of scalability, so that all operations can be performed without delay.

VeChain signs MoU with the Cloud Provider BIOS

BIOS Middle East is a leading provider of cloud services in the Middle East and serves customers in the financial, energy, retail and chemical sectors. The company announced in a press release that VeCHain will provide blockchain services for BIOS. This will provide a complete solution, Blockchain-as-a-Service, for BIOS customers, allowing them to access all services from a single source, rather than having to purchase different constituents of different companies.

BIOS Middle East will integrate its existing service solution into the VeChain blockchain. This will allow you to store and store data securely as it is encrypted in the most immutable blockchain registry. This not only increases the security of process flows, but also increases external trust because data can not be manipulated. Sunny Lu, CEO of VeChain, explains (freely translated):

I am confident that the Dominic team can take advantage of BIOS Middle East's cloud services and systems integration skills to accelerate adoption and transactions on the VeChain platform. Starting in Dubai, one of the blockchain friendly states in the world.

VeChain financially stable

Some highlights of the VeChain Foundation's Financial Eexcutive Report yesterday:

The total VET offer on the VeChainThor Blockchain is 86,712,634,466. By the end of October 2018, the ratio of the outstanding VET offer is 67%

Although the general market has been bearish during this period, VeChain has received even more investment offers from renowned institutions and Venture Capitals

The percentage of distribution has slightly increased compared to the last period while the team continues to grow. Eight full-time team members were employed, and five joined the technical team led by our CTO Jianliang Gu.

As of the end of November 2018, approximately 97% of ERC20 VEN tokens were sent to an impassable address and exchanged for VET on VeChainThor Mainnet.

We have no threat of instability and we have both current finances and future investment options to withstand any further market downturn.


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