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  • [February 19, 2020] Daily Thread: Tron Discussion & Price Talk Welcome Here!
    by /u/AutoModerator on February 19, 2020 at 6:09 am

    Welcome to the /r/Tronix daily discussion thread New to /r/tronix? Read our information megathread and the information in the sidebar Tron Network - Official Site Thread Guidelines: READ THE SIDEBAR & INFORMATION MEGATHREAD. Please be helpful and friendly. Please don't share the amount you've invested in TRX. Subreddits: /r/trxtrading /r/trxclassifieds Cryptocurrency Security Guides Cryptocurrency Security Guide Pro-Tips: How Not to get Scammed & Phished Daily discussions will be used for: Quick questions that do not warrant a separate post. General discussion related to the day's events. Price discussion and predictions. All things TRON related TRON - Resources & Information Please take the time to familiarize yourself with the rules and other information on the sub! submitted by /u/AutoModerator [link] [comments]

  • Questions and Answers from OKEx AMA with Tron Black - 2/18/2020
    by /u/__pathfinder__ on February 18, 2020 at 11:19 am

    https://twitter.com/OKEx/status/1228212766126661633 The AMA was a huge success! THANK YOU TRON! If you want to see all the questions that poured in when they opened the AMA up for questions from the audience, here they are: https://pastebin.com/KVpyXmgu The Telegram admins had to temporarily mute the group because there were so many questions flooding in from so many people. A *good problem* to have. 🙂 Below are all the ANSWERED questions. ------------------------------------------------------------------- [email protected], [18.02.20 05:09] Here’s question#1:What is your background and how did you come to the idea to create RVN [email protected] ​ Tron Black, [18.02.20 05:12] Sorry, I was locked out for minute. ​ Tron Black, [18.02.20 05:12] I'm just a tiny part of Ravencoin, and there are some amazing developers (Jeremy, Mark, Cade, and Corbin) that have been brought the new capabilities to mainnet. The core idea of bringing assets to a bitcoin-derived blockchain platform came from Bruce Fenton, a former Executive Director of the Bitcoin Foundation with life-long experience in the traditional finance and stockbroker world. Medici Ventures is allowing some of its developers to contribute to the project. I was fortunate enough to have the right background to help with this project. I have a CS degree, C++ coding skills, economics background, early entrepreneurial success, teaching experience, an MBA, and a burning passion for the crypto-space and how it can change the world for the better. ​ [email protected], [18.02.20 05:12] Thanks. Here's question#2: Why did you name the project Raven? What was Raven created to solve? What is the business model of the project? ​ Tron Black, [18.02.20 05:12] The name came from Bruce Fenton. Ravens are clever birds with a rich history. Ravencoin makes it easy to create and transfer your own asset. There isn’t a business model for the project. It is a gift to the world in the spirit of Bitcoin. Medici Ventures has allowed some of its top developers to contribute time and effort to the project. Medici Ventures does hold some mined RVN, so it may be a win-win. ​ [email protected], [18.02.20 05:14] Thank you for answering. Let's move on to the next question# 3. What are the $RVN tokens used for? What gives it value? ​ Tron Black, [18.02.20 05:15] Thank you for asking. ​ Tron Black, [18.02.20 05:15] The RVN tokens are used to purchase your own token on the Ravencoin platform. ​ Tron Black, [18.02.20 05:16] Those RVN are burned. ​ Tron Black, [18.02.20 05:16] RVN is also used to incentivize the miners to secure the chain. ​ Tron Black, [18.02.20 05:16] RVN is also used for transaction fees for tranferring RVN or user-created (your) assets. ​ [email protected], [18.02.20 05:17] Cool. Here's question# 4:In your opinion what is the unique "selling" point, or best feature, of Ravencoin? ​ Tron Black, [18.02.20 05:17] This is like being asked "who is your favorite child." ​ Tron Black, [18.02.20 05:18] Except answering it doesn't cost children thousands in therapy so I'll give it a shot. ​ Tron Black, [18.02.20 05:18] The best feature of Ravencoin, with the most unexpected results, has been its linkage to IPFS. ​ Tron Black, [18.02.20 05:19] This was originally done to ensure that meta-dat about a token doesn't get lost like it has on other platforms like Counterparty. ​ Tron Black, [18.02.20 05:19] The linkage to IPFS has RECENTLY been extended to include messaging, and memos. ​ Tron Black, [18.02.20 05:20] You can now include information, even a PDF, or a video clip with every transaction. ​ Tron Black, [18.02.20 05:20] This is powerful, and I can't wait to see how it gets used. ​ Tron Black, [18.02.20 05:20] -------------------- ​ [email protected], [18.02.20 05:20] Quesiton#5 What are the advantages of using Ravencoin for assets tokenization compared to other blockchain protocols? ​ Tron Black, [18.02.20 05:21] Wow. Where do I start? ​ Tron Black, [18.02.20 05:21] First, the meta-data about the token can be recorded via IPFS, so everyone knows what the token represents. ​ Tron Black, [18.02.20 05:22] Second, the token has a unique name which can help with preventing fake tokens, and allows humang readable "root-of-trust" for the token that isn't just 40 characters of hex (ERC-20). ​ Tron Black, [18.02.20 05:22] There explorers for assets, like: https://ravencoin.asset-explorer.com ​ Tron Black, [18.02.20 05:23] and https://www.mangofarmassets.com/assetviewer ​ Tron Black, [18.02.20 05:23] Wallets like RVN Wallet, MangoFarms Wallet, and Zelcore wallet support Ravencoin assets. ​ Tron Black, [18.02.20 05:23] -------------- ​ [email protected], [18.02.20 05:23] Here's our next question from Twitter# 6: Does being fully community-driven blockchain have its own drawbacks for rvn? You know, voluntarism means no marketing or legal team. ​ Tron Black, [18.02.20 05:24] Yes, oh yes. ​ Tron Black, [18.02.20 05:24] But the benefits far outweigh the drawbacks. ​ [email protected], [18.02.20 05:24] [ Photo ] 📣Group is Off Commenting for a while due to AMA. Will allow back when Q&A session later. Kindly be Patience with us. Thank You🥰 ​ Tron Black, [18.02.20 05:24] It is just technology that people choose to use. ​ Tron Black, [18.02.20 05:24] Ravencoin has attracted the right kinds of people, including donated legal help when it was needed. ​ Tron Black, [18.02.20 05:25] The lack of a marketing budget does slow the awareness. ​ Tron Black, [18.02.20 05:25] In some ways this is good, and the demand for RVN isn't reliant on promotion. ​ Tron Black, [18.02.20 05:25] As other projects stop promotion, or run out of marketing funds, they are at risk. ​ Tron Black, [18.02.20 05:26] Ravencoin is just growing slowly and steadily as more people learn about it. ​ Tron Black, [18.02.20 05:26] Consider yourself fortunate to have learned about Ravencoin early.😁 ​ Tron Black, [18.02.20 05:26] --------------- ​ [email protected], [18.02.20 05:27] Great!!! Here's the next question from Twitter# 7:is it apple to apple if I say that ravencoin is going to disrupt wall street just like bitcoin is disrupting to central banking? ​ Tron Black, [18.02.20 05:28] At the very least, Ravencoin will help show the way that tokenization can improve capital formation. It is up to others to take advantage of these new tools, technologies, and features. ​ Tron Black, [18.02.20 05:28] It might happen first in countries other than the U.S. ​ Tron Black, [18.02.20 05:29] Look at the story of Blockbuster Video (former leader in video rental), and Netflix (current video streaming leader) to see what might happen in the future. Is Wall Street the new Blockbuster Video? ​ Tron Black, [18.02.20 05:30] I see similar patterns of arrogance, but only time will tell. ​ Tron Black, [18.02.20 05:30] --------------- ​ [email protected], [18.02.20 05:30] Here's the next question# 8: How will Ravencoin defend hashrate distribution (algo question) if there are important securities issued on this platform (double spend attack)? ​ Tron Black, [18.02.20 05:31] Ravencoin doesn't re-org after 60 blocks which helps prevent double-spend attacks -- a feature called NLR. ​ Tron Black, [18.02.20 05:31] Also, something to be aware of is that in most cases tokens are redeemed by an issuer which removes the incentive to double-spend. ​ Tron Black, [18.02.20 05:32] Example: Let's say the token is a share of real-estate. The laws of the jurisdiction for the real-estate would apply when redeeming for dividends, etc. ​ Tron Black, [18.02.20 05:33] Also If the issuer is using the Restricted Assets feature of Ravencoin which have tokens that start with $, then the stolen tokens can be frozen. ​ Tron Black, [18.02.20 05:33] Note: Regular assets (not starting with $) can't be frozen. ​ Tron Black, [18.02.20 05:33] The issuer of the token should specify how redemption is handled. ​ Tron Black, [18.02.20 05:33] -------------- ​ [email protected], [18.02.20 05:34] Thank you for your detailed answer. and Quesiton#9 How does RVN works? What problem did RVN solve? How do the Tokenomics work? ​ Tron Black, [18.02.20 05:34] RVN works like BTC, because it is a code fork of BTC. ​ Tron Black, [18.02.20 05:34] RVN lets you create your own tokens in under a minute. It is easy!!! ​ Tron Black, [18.02.20 05:34] RVN is required to create your own token. ​ Tron Black, [18.02.20 05:35] Heres' the breakdown: ​ Tron Black, [18.02.20 05:35] 500 RVN burned to create a root asset with a unique name. 100 RVN is burned to create a sub-asset (under a root asset). 5 RVN is burned to create a unique asset (NFT). 1000 RVN burned to be a qualifier. 1500 RVN burned to create a Restricted Asset with special superpowers. 0.1 RVN burned to attach a tag to a Ravencoin address. A small amount of RVN is used, but not burned to transfer assets. ​ Tron Black, [18.02.20 05:35] ------------ ​ [email protected], [18.02.20 05:35] Let's move on to the next question#10 Safety and security are always the most important things. So what is the security mechanism of RavenCoin to ensure user assets do not become the target of hackers? ​ Tron Black, [18.02.20 05:36] Ravencoin has a strong network of miners. ​ Tron Black, [18.02.20 05:36] Most of the original code is from Bitcoin which is probably the most vetted code in the world. ​ Tron Black, [18.02.20 05:36] We have run a bug bounty to hopefully find any flaws before release to mainnet. ​ Tron Black, [18.02.20 05:36] With all that said, there are no guarantees as this is just source code provided for free that folks choose to run. ​ Tron Black, [18.02.20 05:37] If you need absolute assurance, then you should commission an audit of the code. There is no Ravencoin company, just a GitHub repository and a lot of passionate supporters. ​ Tron Black, [18.02.20 05:37] ------------- ​ [email protected], [18.02.20 05:37] Quesiton#11 Nowaday most investors $RVN simply focus on the price of the token in the short term, and not on the real value of the project. Can you tell us about the motivation and advantages of an investor $RVN in the long term? ​ Tron Black, [18.02.20 05:38] I can't speak to the motivations of individual investors. ​ Tron Black, [18.02.20 05:38] RVN is a great token with good liquidity (world-wide). ​ Tron Black, [18.02.20 05:38] RVN is used to incentivize the miners and help protect the Ravencoin asset platform, so it has a use case. ​ Tron Black, [18.02.20 05:39] RVN can be a store-of-value, and a medium-of-exchange. ​ Tron Black, [18.02.20 05:39] One of my favorite things about Ravencoin is that it is tricky to classify, as it has so many uses. ​ Tron Black, [18.02.20 05:39] I love seeing how people build using this technology platform. ​ Tron Black, [18.02.20 05:39] Ravencoin makes new things possible. ​ Tron Black, [18.02.20 05:39] -------------- ​ [email protected], [18.02.20 05:40] Here's the next question #12 Who are your competitors and how do you intend to thrive amongst them? ​ Tron Black, [18.02.20 05:40] This may sound strange, but I don't see crypto technologies as competitors. ​ Tron Black, [18.02.20 05:41] The crypto space is tiny compared to the legacy systems we've had for fifty years, so I look at every project as a way to bring new people into crypto-ecosystem. ​ Tron Black, [18.02.20 05:41] If we add value, features, and capabilities, then more people will learn about the Ravencoin platform and what it can do for them. ​ Tron Black, [18.02.20 05:41] The ERC-20 smart contract is an alternative asset issuance option, but Ravencoin is much better for most uses, so more education is needed. ​ Tron Black, [18.02.20 05:41] https://medium.com/@tronblack/ravencoin-better-than-erc-20-88a276d3e434 ​ Tron Black, [18.02.20 05:41] -------------- ​ [email protected], [18.02.20 05:42] Quesiton#13 What is the uniqueness of the Raven token? Why should investors (including me) invest in Raven? ​ Tron Black, [18.02.20 05:42] Ravencoin is a platform. ​ Tron Black, [18.02.20 05:42] You should evaluate the capabilities of the Ravencoin platform and ask yourself whether it will be used, and whether it adds value over other platforms like ETH, EOS, or TEZOS. ​ Tron Black, [18.02.20 05:42] Hint: It does. I try not to provide investment advice, so do your own research. ​ Tron Black, [18.02.20 05:43] https://ravencoin.org ​ Tron Black, [18.02.20 05:43] https://medium.com/@tronblack ​ Tron Black, [18.02.20 05:43] --------------- ​ [email protected], [18.02.20 05:43] Quesiton#14 What your plans in place for global expansion, are you focusing on only market at this time? Or focus on building and developing or getting customers and users, or partnerships? Can you explain this? ​ Tron Black, [18.02.20 05:43] Ravencoin is already a global phenomenon. ​ Tron Black, [18.02.20 05:44] South Korea has been onto Ravencoin for some time now, and I had the opportunity to speak at a South Korean Ravencoin meetup that filled an Art Hall with a waiting list. ​ Tron Black, [18.02.20 05:44] Because of OKEx, that awareness will expand to China. ​ Tron Black, [18.02.20 05:44] Our focus is building and education about Ravencoin. ​ Tron Black, [18.02.20 05:44] There is no marketing budget, and we raised no funds. ​ Tron Black, [18.02.20 05:45] The success so far has been completely organic, and Ravencoin has the best community of any coin, anywhere. ​ Tron Black, [18.02.20 05:45] ------------ ​ [email protected], [18.02.20 05:45] Here is THE LAST question#10 from Twitter before we accept questions from the Telegram chat. what are your hopes with the $RVN listing on u/OKEx Okex going forward? ​ Tron Black, [18.02.20 05:45] I hope the OKEx $RVN listing brings awareness of Ravencoin to new parts of the world. ​ Tron Black, [18.02.20 05:46] The project is more capable than most people know, and because it was launched without raising any funds, there isn't a marketing budget. ​ Tron Black, [18.02.20 05:46] It is up to smart individuals, like yourselves, to figure out what Ravencoin can do, and use the technology to make new companies and new projects. ​ Tron Black, [18.02.20 05:46] ------------------ ​ ​ +++++++++++++++++++++ ​ Tron Black, [18.02.20 05:57] >>> When is mainnet launch? January 3, 2018 ​ Tron Black, [18.02.20 06:01] >>> A project's Technical development may not always be reflected on the price of it's token. What is raven doing specifically to increase price of its token? I agree. And I think it is especially true in the case of Ravencoin. The true value may not be reflected in the short-term. The Ravencoin project isn't a company. It will take time. There isn't a marketing dept or budget, but through events like these, and podcasts, and blogs, and new projects building on top of Ravencoin, I think the value will eventually be reflected. ​ Tron Black, [18.02.20 06:06] >>>> Give me some important reasons why we need to buy RVN token where in fact hundreds of project failed and it went to bankruptcy or even developers run when they collect millions/billions of funds…? Can you explain it to us ​ Many got burned during the crazy ICO phase of 2017. Ravencoin did not participate. Ravencoin is technology and a passionate community. If I get hit by a bus tomorrow (heaven forbid), the project will continue because it is free, open-source and anyone can carry it on, or contribute, or use it, or copy it. Ravencoin can't go to bankruptcy. It is code, and it doesn't borrow, or or have debt. Some of the core develoepers, myself included, are allowed to work on the project while working for Medici Ventures. This is a great arrangement. ​ Tron Black, [18.02.20 06:06] ----------------- ​ Tron Black, [18.02.20 06:10] >>>> How does RAVENCOIN evaluate the importance of the user community? In the near future, does RAVEN have any special plans to attract and expand the community ? ​ The Ravencoin community is the most important and valuable part of the project. There are already clones of the code, but not of the passionate, helpful, and dedicated community. We invite you to become a part of it, and help expand it in Asia. ​ Tron Black, [18.02.20 06:10] -------------------- ​ Tron Black, [18.02.20 06:13] >>>>. RVN is regulatory compliant project for assets tokenization in U.S. Meaning that the assets issued in RVN protocol is fine with the U.S authorities. ​ Ravencoin provides features that help U.S. issuers stay legal under the existing U.S. rules. I've written about how this can be done, but I would always recommend having your plans reviewed by a competent attorney. The U.S. rules are complex, and from a different era. ​ Tron Black, [18.02.20 06:13] --------------- Tron Black, [18.02.20 06:18] >>>> Ravencoin is constantly finding new big partners.Audience is constantly growing.What’s the secret to this growth rate? ​ A vibrant, and welcoming community. Technology that solves real tokenization problems. Easy-to-use, so anyone can participate. Not launching as an ICO, so it is fair for everyone. ​ Tron Black, [18.02.20 06:18] -------------- ​ Tron Black, [18.02.20 06:20] Thank you everyone for the fantastic questions. I would like to answer every one of them, but it is after 4am and I should get some sleep. I really appreciate all the participation, and I hope your trading on OKEx goes very well for all of you!!! submitted by /u/__pathfinder__ [link] [comments]

  • [February 18, 2020] Daily Thread: Tron Discussion & Price Talk Welcome Here!
    by /u/AutoModerator on February 18, 2020 at 6:07 am

    Welcome to the /r/Tronix daily discussion thread New to /r/tronix? Read our information megathread and the information in the sidebar Tron Network - Official Site Thread Guidelines: READ THE SIDEBAR & INFORMATION MEGATHREAD. Please be helpful and friendly. Please don't share the amount you've invested in TRX. Subreddits: /r/trxtrading /r/trxclassifieds Cryptocurrency Security Guides Cryptocurrency Security Guide Pro-Tips: How Not to get Scammed & Phished Daily discussions will be used for: Quick questions that do not warrant a separate post. General discussion related to the day's events. Price discussion and predictions. All things TRON related TRON - Resources & Information Please take the time to familiarize yourself with the rules and other information on the sub! submitted by /u/AutoModerator [link] [comments]

  • [February 17, 2020] Daily Thread: Tron Discussion & Price Talk Welcome Here!
    by /u/AutoModerator on February 17, 2020 at 6:11 am

    Welcome to the /r/Tronix daily discussion thread New to /r/tronix? Read our information megathread and the information in the sidebar Tron Network - Official Site Thread Guidelines: READ THE SIDEBAR & INFORMATION MEGATHREAD. Please be helpful and friendly. Please don't share the amount you've invested in TRX. Subreddits: /r/trxtrading /r/trxclassifieds Cryptocurrency Security Guides Cryptocurrency Security Guide Pro-Tips: How Not to get Scammed & Phished Daily discussions will be used for: Quick questions that do not warrant a separate post. General discussion related to the day's events. Price discussion and predictions. All things TRON related TRON - Resources & Information Please take the time to familiarize yourself with the rules and other information on the sub! submitted by /u/AutoModerator [link] [comments]

  • [February 16, 2020] Daily Thread: Tron Discussion & Price Talk Welcome Here!
    by /u/AutoModerator on February 16, 2020 at 6:09 am

    Welcome to the /r/Tronix daily discussion thread New to /r/tronix? Read our information megathread and the information in the sidebar Tron Network - Official Site Thread Guidelines: READ THE SIDEBAR & INFORMATION MEGATHREAD. Please be helpful and friendly. Please don't share the amount you've invested in TRX. Subreddits: /r/trxtrading /r/trxclassifieds Cryptocurrency Security Guides Cryptocurrency Security Guide Pro-Tips: How Not to get Scammed & Phished Daily discussions will be used for: Quick questions that do not warrant a separate post. General discussion related to the day's events. Price discussion and predictions. All things TRON related TRON - Resources & Information Please take the time to familiarize yourself with the rules and other information on the sub! submitted by /u/AutoModerator [link] [comments]

  • [February 15, 2020] Daily Thread: Tron Discussion & Price Talk Welcome Here!
    by /u/AutoModerator on February 15, 2020 at 6:08 am

    Welcome to the /r/Tronix daily discussion thread New to /r/tronix? Read our information megathread and the information in the sidebar Tron Network - Official Site Thread Guidelines: READ THE SIDEBAR & INFORMATION MEGATHREAD. Please be helpful and friendly. Please don't share the amount you've invested in TRX. Subreddits: /r/trxtrading /r/trxclassifieds Cryptocurrency Security Guides Cryptocurrency Security Guide Pro-Tips: How Not to get Scammed & Phished Daily discussions will be used for: Quick questions that do not warrant a separate post. General discussion related to the day's events. Price discussion and predictions. All things TRON related TRON - Resources & Information Please take the time to familiarize yourself with the rules and other information on the sub! submitted by /u/AutoModerator [link] [comments]

  • AMA with Tron Black on Feb 18th - OKEx
    by /u/__pathfinder__ on February 14, 2020 at 5:38 pm

    submitted by /u/__pathfinder__ [link] [comments]

  • TRON Mini-Game Round 6 [Feb 14] - Where's Tronbeary at?
    by /u/TronDotLive on February 14, 2020 at 11:00 am

    Guess ONE of the following categories to win TRX! Location or Place of Interest: 2x winners - 250TRX each State or Region or City or Town: 2x winners - 150TRX each Country: 2x winners - 100TRX each You must also answer this simple question: What's the name of the mini version of Tronbeary? Remember not to edit your comment, otherwise you will be disqualified automatically to make it fair for others who followed the rules. Good luck! ​ ​ https://preview.redd.it/ra0tubw1dvg41.jpg?width=1024&format=pjpg&auto=webp&s=b717d8a791aa725e5e15fcd1de4efef46d4f4931 submitted by /u/TronDotLive [link] [comments]

  • [February 14, 2020] Daily Thread: Tron Discussion & Price Talk Welcome Here!
    by /u/AutoModerator on February 14, 2020 at 6:10 am

    Welcome to the /r/Tronix daily discussion thread New to /r/tronix? Read our information megathread and the information in the sidebar Tron Network - Official Site Thread Guidelines: READ THE SIDEBAR & INFORMATION MEGATHREAD. Please be helpful and friendly. Please don't share the amount you've invested in TRX. Subreddits: /r/trxtrading /r/trxclassifieds Cryptocurrency Security Guides Cryptocurrency Security Guide Pro-Tips: How Not to get Scammed & Phished Daily discussions will be used for: Quick questions that do not warrant a separate post. General discussion related to the day's events. Price discussion and predictions. All things TRON related TRON - Resources & Information Please take the time to familiarize yourself with the rules and other information on the sub! submitted by /u/AutoModerator [link] [comments]

  • Sweep Tron Address
    by /u/arisatox on February 13, 2020 at 5:29 pm

    Hi! I’m trying to figure out the best way to facilitate a sweeping function for Tron addresses (for merging or whatever other purpose). My idea was to take all coins in the address, submit all to the new account except for TRX, and then send TRX-0.01 in case there’s not enough energy remaining. Would this be the best way to handle the sweep or does anyone happen to know a better method? Thanks in advance! submitted by /u/arisatox [link] [comments]

  • Tron TRX is #11 in the Top-42 cryptocurrencies by merchant acceptance
    by /u/puerhood on February 13, 2020 at 4:37 pm

    submitted by /u/puerhood [link] [comments]

  • What is the best exchange for Americans to buy and sell Tron (TRX) currently?
    by /u/Rusty_Shacklefurd69 on February 13, 2020 at 2:58 am

    I am an American hodler. In the past I used Binance to purchase trx, but this is no longer supported for US customers. What is the next best safe and reputable exchange y’all would recommend? Thanks EDIT: What is the next most similar exchange to Binance for trading Trx that Americans can use? By similar I mean large daily volume, decent fees, and you don't feel like you're getting scammed when using it. submitted by /u/Rusty_Shacklefurd69 [link] [comments]





What is Tron?

Launched in September of 2017, TRON (TRX) aims to “Decentralize the Web” via a decentralized blockchain-based operating system. They claim high transaction throughput, high-scalability, and high-availability with a smart contract system that can support an “enormous number of users”. The TRX token is the basic unit of accounts on the TRON blockchain. It is used to the connect and incentivize an abundance of applications on the chain. The project looks to compete directly with Ethereum by utilizing a pluggable smart contract platform so applications can migrate directly from ETH to utilizing TRX.

The project was founded and continues to be spearheaded by the enigmatic Justin Sun (previously of Ripple).

Learn more on the Tron website: https://tron.network/

Tron Price







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