Why TRON Virtual Machine Will Dominate Global Tech Markets
September 2, 2018|TRX
By Truthraider.com
I am a Bitcoin advocate and hardliner. There is only one Bitcoin and nobody will ever change my mind. Now that we got that out of the way let's talk cryptocurrency and digital technology. I am a strong supporter of everything the Tron team is doing. I see Justin Sun's work ethic and realize he is a man on a mission. How many Alt's have their leader, out front, making moves daily. He is an true visionary and leader that will have his day in the sun.
The first time I saw him livestream on Periscope, I knew that the internet had a winner. Justin Sun understands two things that I strive to achieve every day. He understands "hustle" and "volume". I have seen times where TRX price would drop while Crypto Twitter freaking out while not truly understanding what was happening. Meanwhile, he's working and sending out tweets on a new long term partnership, he just nailed. He understands that cryptocurrency has the potential to enter a multi-trillion dollar "fiat" industry. So, here a a few reasons why I back this team.
@JustinSunTron
@JustinSunTron
Tron Virtual Machine. Why should you care about this? Well, during product testing the Virtual machine recorded 49,000 transactions and improved the scalability of the TRON coin across its broad and growing network. It's basically an upgrade. They are taking the "Apple" approach to development, from my perspective. He's literally building the backbone to an entire decentralized network from scratch to increase scalability. Now, I don't really care about speed, as much as most on crypto twitter, but it's fast. They estimate the Tron network will eventually be able to conduct 1,000,000 transactions a day using this tech upgrade. This goes back to my original point that Justin Sun understands volume. Volume is the glue that will hold international cryptocurrencies together and usher in global adoption.
Daily Transaction Volume. The volume of the Tron network has been absolutely stunning during the bear market. It hit one-third of Ethereum's daily transaction volume in the month of August. Many of the ERC20 based tokens have come and gone. Others have failed to maintain volume, post ICO. Tron has understood since day one that they needed to build a long term platform that achieves realistic goals. This has paid dividends, as we see with the numerous partnerships. Partners equal growth and volume that will make Tron hit massive transaction levels with the market returns to the 800 Billion threshold we had last winter.
@TronColony
@TronColony
- Bittorent Acquisition. This is one of the most bullish reasons to consider moving into Tron. The user base from @Bittorrent is estimated to be near a quarter of a billion people from across the planet. I've been a user of Bittorrent forever and Bram Cohem has another project coming up that will blow the socks off other areas in the cryptocurrency space.
@Truthraiderhq
@Truthraiderhq
- Chia Network. Justin Sun just bought stake in Chia Network. This is the personal project of Bram Cohen and is sure to be a knockout. It is a green version of a blockchain. I have a feeling that Tron's involvement in this project will solve a mojor issue that many non-coiners believe about our industry. The whole compaint about power consumption and CO2 emmisions. Chia will crush this issue in a big way. Just Sun know this and that's why he's onboard early. I wish I was a fly on the wall of the business agreement.
Chia Network @ChiaNetworkInc
Chia Network
- DAPPS. The Tron team understands how to integrate and grow using all the social media platforms. It is clear that they want to plug the TRON network into all the different programs. As of now, the growth is fairly organic and is happening with various companies across this space. I predict that in a year or two, companies are going to be begging Tron to integrate for many reasons. Profitability for failing social media sites would be one obvious reason. The DAPPS market has been dominated by Ethereum, but I see a near peer with Tron.
Goseedit TRX TRON tronics tron wallet
These are just a few of the reasons I am supporting the Tron Network. At the end of the day, these guys will be major players and will take over entire industries through volume, innovation, and good old fashioned hustle.
By Truthraider