Tron [TRX] reports the latest events, the Chinese version of μTorrent web has been launched


On September 10, Justin Sun, CEO and founder of the Tron Foundation, published Tron's weekly report on Twitter. The report indicated the improvements made by the foundation and also touched on the updates and developments that have occurred. The report published by Tron covered four aspects; Technical development, community activities, teams and partners and market transactions.

Compared to the work done over the last week, the Tron Foundation has improved its structure, the Virtual Machine's storage capacity has been increased. The Tron mechanism also modified its documents. The network update included the development of an order that guaranteed the transmission of the blockchain.

There has been a lot of work in progress, Tron recently got an add-on by improving the test cases. The network also has a new feature to make Tron more secure and uninterrupted by including the UPnP design. Tron also added several signature schemes in his portfolio.

Recently, Tron has partnered with an online C & P company website. This will allow fans around the world to purchase TRX merchandise on the official WeChat Store.

On September 3, BitTorrent, a Chinese version of the μTorrent web was launched, which claims to provide an online storage business unit for Tron. Justin Sun presented Project Atlas which is the integration of Tron and BitTorrent. Their aim is to extend the rewards to the peers who seed the streams and add more resources to the Tron ecosystem. The Atlas project is designed in such a way that a new custom token solves the existing limits of the BitTorrent network. This will allow the 100 million users of the platform to exchange value in a completely new way on a global scale.

The global cryptocurrency trading company based in Singapore KuCoin will support the TRX exchange with ERC20 token. Tron was also listed on four other trading platforms that included Changehero, Abra, CoinExMarket and Exrates.

Tron [TRX] has a market capitalization of $ 1.2 billion and is currently in the thirteenth position. From a maximum of $ 0.025 on 4 September, the currency has seen a steady decline and currently trades at $ 0.019. Tron also witnessed a fall in 1.84% prices in the last 24 hours.

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  Ajay Narayan

Ajay Narayan is a full-time journalist at AMBCrypto. He graduated in Economics, Political Science and Sociology. His interests are inclined to write and invest in cryptocurrencies.

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