Tron [TRX] acquired BitTorrent: First airdrop scheduled for February
Tron [TRX], the ninth-largest cryptocurrency in the market, has been creating a buzz in the crypto space through their announcements and updates. Justin Sun, the founder and Chief Executive Officer [CEO] of Tron, has been at the forefront of the developments, ensuring every piece of news reaches the Tron community.
Tron had acquired BitTorrent in 2018 with an aim to create the largest decentralized ecosystem on the planet, a tie-up which resulted in the creation of the BitTorrent [BTT] token. The BitTorrent Foundation recently revealed more details regarding the BitTorrent airdrops for Tron holders.
The report released by BitTorrent stated:
“On February 11th, 2019, BitTorrent Foundation will initiate its first airdrop of BitTorrent (BTT) to TRON (TRX) holders. The snapshot will be taken when TRON’s block height reaches 6.6 million*. Based on this snapshot, BitTorrent Foundation will initiate its first airdrop of 10,890,000,000 BitTorrent (BTT), corresponding to 1.1% of total circulating supply.”
BitTorrent has also said that over the course of the year, 11,880,000,000 BTT will be offered to TRX holders. Following this airdrop, 12,870,000,000 BTT will be deposited via airdrop in 2020. BitTorrent also added:
“If you are holding TRX, you will be eligible for BTT airdrops. All official wallets relaying on TRON’s network and carrying TRX will be eligible for BTT airdrops corresponding to the amount they are holding. No minimum of TRX is required to qualify for BTT airdrops.”
The airdrops will be conducted automatically, regardless of whether the TRX tokens are frozen or not. BitTorrent has not given a list of exchanges that will support the airdrop, with the list still in the pipeline. The organization has said that the exchanges will be confirmed soon.
BitTorrent has been on a roll with other announcements such as a proposed live stream feature to be launched this year. The Tron Foundation had said:
“If everything goes as planned with #BTT, #TRON is expected to launch BT’s livestreaming feature in 2019.”
With the development, BitTorrent will be in direct competition with popular streaming platforms like YouTube and Twitch. The announcement was made during the niTron Summit, Tron’s first flagship conference. Officials from the company also said that Tron will be playing a key role in connecting the BitTorrent protocol to its users, which will enable downloads and uploads to occur faster.
Re: is bitcoin-address really dead if all funds are spent ? joe1234 Newbie Offline Activity: 9 Hello i heard, that if all funds of a bitcoin-address are spent, the address is “dead”.. Is that really […]
HODL Till Moon Cryptocurrency T-shirt bitcoin Shirt Ethereum Shirt All our designs are original and printed on Classic 100% Cotton Tees. These T-shirts are Unisex (similar to men's sizing). For Size Measurements and instructions please […]
On today’s show I interview Joachim de Koning the founder of Internet of Coins.
The goal of Internet of Coins is to create a comprehensive environment for personal finance that gives everyone access to all of the world?’?s Digital value systems. The platform is designed to connect all cryptographic ledgers and to integrate all token systems into an interconnected web through an open source financial networking agent, called hybridd.
Joachim does a great job of explaining all aspects of Internet of coins and it was a genuine pleasure speaking with him! And good news listeners, yes there is a token native to their system! It’s called HYBRID. By the end of this interview the idea of owning some HYBRID of your very own will seem to make a lot of sense.
Even as many governments, including the EU, act to regulate the exchange of cryptocurrencies, de Koning’s Internet of Coins aims to deploy a decentralized autonomous system that can support trading without any trusted third party being regulated by a government.
Joachim’s team has been laying the groundwork for this platform for more than two years and in 2015 they received financial support from the SIDN Fund which was established by the independent non-profit foundation that manages the .nl domain in The Netherlands. The .nl domain happens to be the first country code top-level domain given to an organization outside of the U.S.
Today, after substantial development, the Internet of Coins team, has announced plans to hold a fundraising campaign to help pay for additional development and to kickstart the distribution of its native token called HYBRID. The crowd sale is scheduled to begin THIS Tuesday March 21st 2017 and will be supervised by the innovation fund of the Internet pioneer, NLnet Foundation, the country?’?s first Internet Service Provider that will act as the project?’?s financial and legal advisor.
In addition to being founder of Coinstorm and Internet of Coins, Joachim is CEO of the crypto and security company Metasync. He is also a developer for the NetAidKit, an open-source USB-powered router that protects online privacy, and was showcased at CCC. Next to that he is working on a system to counter large-scale DDOS attacks for Radically Open Security. He has extensive experience in financial markets, including foreign exchange, commodity trading, and automated accounting systems, and is an early adopter of blockchain technology and cryptocurrency.
CREDITS, ARTICLES AND VALUABLE LINKS:
WEBSITE:
PRESS RELEASE 2017-03-07:
ENGLISH ARTICLES 2017-02-23: 2017-02-27: 2017-02-27: 2017-02-27: 2017-03-07: 2017-03-07: 2017-03-07: 2017-03-07:
MEDIA CONTACTS Company name: Internet of Coins Contact: info@internetofcoins.org Twitter: @internetofcoins Developer blog: Company site: Joachim de Koning: joachim@internetofcoins.org Robert de Groot: robert@internetofcoins.org Email: joachim@sheraga.net
TRANSCRIPTIONS:
Great news listeners! Our transcription page is now live on the website thanks to the continuing hard work of one of our loyal listeners who is also a consultant to the show.
Ode To Satoshi
Ode to Satoshi lyrics & melody by John Barrett Copyright 2014 RJM Publishing – BMI Nashville.
Lead Vocal, Harmony Vocals, Harmonica, Snare Drum: John Barrett Harmony vocals: John Barrett, Connie Sinclair and Lij Shaw Guitar: Jonathan Brown Mandolin: Ben Miller Bass Guitar: Michael Rinne
Initial tracks recorded by Mark Thornton of Sidekick Sound Studios, Madison, TN. All other tracks Recorded, Mixed and Mastered at The Toy Box Studio, Nashville, Tennessee Engineer: Lij Shaw. Assistant to engineer: Don “The Don” Bates Produced by John Barrett & Elijah “Lij” Shaw
Special thanks to Alan Baird for his dobro, guitar and mandolin playing on many of the shows. Now that?’?s some pickin man! Thanks also to Alex Munoz Guijarro for his excellent pedal steel playing on many of our shows.
Interviews for this episode were recorded and edited by John Barrett at The Tree House Studio – Nashville, Tennessee. All shows are produced by John Barrett with the moral support of his trusty sidekick Maxwell Rascalnikov CoyoTe Rex, aka Max.
And if you don’t feel like contacting me, just kick back, relax and enjoy the show.I hope you enjoy listening to my guests as much as I enjoy talking with them!
