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Tron CEO Justin Sun Announces Winners of 10,000-TRX Prizes in Honour of Tron Virtual Machine 1-Year Anniversary

  • Yuri Molchan
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    Justin Sun announces the winners of the lottery among the Tron community with 10,000 TRX as prizes in honor of the TVM launch anniversary

Tron CEO Justin Sun Announces Winners of 10,000-TRX Prizes in Honour of Tron Virtual Machine 1-Year Anniversary
Cover image via www.instagram.com
Contents

As previously reported by U.Today, the founder of Tron Justin Sun announced a sort of lottery to celebrate a 1-year anniversary of the Tron Virtual Machine (TVM) launch.

The TVM officially kicked off on August 30, 2018, and recently Justin Sun published several simple terms on his Twitter page. By following them, any member of the Tron community was able to win 1,000 TRX.

10,000 TRX was allocated for the prizes, for 10 winners.

The terms of participation

To take part in the prize draw, Tron community members were expected to follow a few simple terms. They had to follow Justin Sun and Tron on Twitter, retweet the message about the upcoming prize draw and tag a couple of friends, and – leave a positive comment about Tron.

The Tron Virtual Machine was a crucial milestone for the Tron network and its launch in late summer of 2018 was highly anticipated by the community.

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Recent Tron’s milestones

After it, Tron was expanding at giant steps, striking partnerships with various crypto exchanges to list TRX and BTT, getting TRX implemented for payment on various websites, including Travala.

Among the biggest milestones that Tron achieved recently was its collaboration with Tether Ltd, which resulted in the launch of the Tron-based USDT. Another important one that U.Today reported recently was BLive (BitTorrent Live) streamer platform going live.

This online venue plans to allow BTT to be used as rewards for content-makers and basically turn BTT into one of the top assets used for transnational payments around the world.

In a recent tweet, Justin Sun has announced a new campaign to launch next week with details to come later.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

  •  Denis Sinyavskiy
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    Former US Congressman Ron Paul shares his thoughts on the possible creation of Fed’s own cryptocurrency

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency
Cover image via www.123rf.com

Former US Congressman Ron Paul spoke on Fox Business and said that the Fed should not think about creating its own cryptocurrency.

Fed’s Crypto: To Be or Not To Be?

Rumors have been circulating for the past few months about the Fed possibly creating own cryptocurrency. It is expected that a digital coin would become a competitor to its counterparts on the market, and may even replace fiat money. President Patrick Harker, President of the Federal Reserve Bank of Philadelphia, commented on such rumors at a recent conference:

“It is inevitable. I think it is better for us to start getting our hands around it.”

However, there has not been no official follow-up by the Fed towards a crypto exchange. While proponents of this idea believe such innovation is necessary, it is expected that the exchange could stop the current delays involving US bank transfers.

What do the opponents think about the Fed's own cryptocurrency?

The idea of ​​creating the Fed's cryptocurrency has its opponents. This includes Ron Paul, who believes that the Fed is in a better position to stay away from digital coins and allow the private blockchain sector and payment platforms to resolve this discussion in real-time. What the Fed plans to do next is unclear, but the central bank may still enter the game.

Subscribe to News.U.Today on Facebook, and get involved in all top daily cryptocurrency news, stories and price predictions!

About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

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