Tron Foundation Launches Accelerator Program, Over $1M in Prizes Up for Grabs
- Tron has recently closed its deal to buy the file-sharing service BitTorrent for a reported sum of $126 million.
The Tron Foundation revealed in its latest tweet that it would be releasing a new accelerator program that will provide support, funding, and insights for Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term startups.
The TRON Accelerator, which launches next month, invites blockchain developers to submit their decentralized Apps, built on the TRON protocol, and compete for $1 million in prizes.
The company says the event will suit a wide range of people and startups, from those who have worked with blockchain for a while to those keen to learn.
It further explains: “TRON will accept submissions to its accelerator, from the 1st of December to the 4th of January 2019, by Midnight (PST), through the Accelerator's new site. The projects will be reviewed by a panel of judges and the winners will be announced during TRON's first international summit (niTROn) in San Fransisco, on the 17th of January 2019.”
Founded by the Chinese entrepreneur Justin Jun, TRON is a blockchain-based protocol dedicated to creating what it calls a "decentralized and free internet." The TRON network provides mechanisms for allocating the value of user-generated content, with anyone who contributes content being entitled to profits of proportional value.
The company has its own crypto-currency, dubbed TRX, which had a market cap of $1.25 billion at the time of writing.
Last month, Tron Foundation said it would be working closely with Baidu, a China-based internet giant, to work on a large cloud service with the final goal of providing better blockchain solutions. The announcement confirms that despite its crackdown on Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, Baidu is still interested in utilizing the blockchain technology.
In addition, Tron has recently closed a deal to buy the file-sharing service BitTorrent for a reported sum of $126 million.
The Tron Foundation revealed in its latest tweet that it would be releasing a new accelerator program that will provide support, funding, and insights for Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term startups.
The TRON Accelerator, which launches next month, invites blockchain developers to submit their decentralized Apps, built on the TRON protocol, and compete for $1 million in prizes.
The company says the event will suit a wide range of people and startups, from those who have worked with blockchain for a while to those keen to learn.
It further explains: “TRON will accept submissions to its accelerator, from the 1st of December to the 4th of January 2019, by Midnight (PST), through the Accelerator's new site. The projects will be reviewed by a panel of judges and the winners will be announced during TRON's first international summit (niTROn) in San Fransisco, on the 17th of January 2019.”
Founded by the Chinese entrepreneur Justin Jun, TRON is a blockchain-based protocol dedicated to creating what it calls a "decentralized and free internet." The TRON network provides mechanisms for allocating the value of user-generated content, with anyone who contributes content being entitled to profits of proportional value.
The company has its own crypto-currency, dubbed TRX, which had a market cap of $1.25 billion at the time of writing.
Last month, Tron Foundation said it would be working closely with Baidu, a China-based internet giant, to work on a large cloud service with the final goal of providing better blockchain solutions. The announcement confirms that despite its crackdown on Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, Baidu is still interested in utilizing the blockchain technology.
In addition, Tron has recently closed a deal to buy the file-sharing service BitTorrent for a reported sum of $126 million.