On Sunday, Tron cryptocurrency increased in price by 7.40% in 24 hours. Today TRX is the third crypto-coin in terms of capitalization. The price increase is associated with fast tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details hardforkHardfork
– a fundamental change in the source code, incompatible with the old protocol and the used software.Details, as well as with the upgrade of the previous version of the protocol to 3.5.
Token Tron began to grow rapidly on Sunday morning and reached a maximum value of $ 0.03. The positive trend was fixed at the level of 0.0269 US dollars (on Monday). Along with the value of the coin, its capitalization and the indicator of average daily tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details volume are also growing. Recall that on February 28, the TRX token is waiting for hardfork, as well as updating the protocol to 3.5 version.
Interesting in the section: Description of the Binance exchange platform, the algorithm for creating an account
Hardfork and Tron cryptocurrency update
Now (02.25.19), the Tron token rate is $ 0.0246, the average daily trading volume has risen to 145,038,413, and the market capitalization is at around 1,642,534,289.
Hardfork Trone is scheduled for February 28th. According to the information, after the upgrade, new features will appear in Tron. Innovations will be related to multi-signatures and account management. Changes during hardfork are focused on institutional investors
From Justin San’s post, Tron’s CEO, to Twitter: "Multi-signatures, account management and custody are the three main requirements from all blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details companies (...) Recently, we have received many requests from various hedge funds and professional investors, as well as from financial institutions regarding these functions."
Interesting in the section: Hardfork, softfork or division of blockchain of cryptocurrency
Tron Hardfork and the future update have affected the growth of prices. According to the information, the update of the Tron protocol will bring a 50 percent improvement in performance and increase the security of the blockchain. Also update 3.5 will bring increased security of the virtual machine and event server for dApps.
Editor: Yulia Krasnaya