Tron [TRX] Weekly Report: Tron launches new APIs on TronGrid as it tests block broadcast optimization

2019-5-20 20:00

The cryptocurrency market is going through significant changes every second, with the performance of most coins fluctuating consistently. Tron [TRX], the eleventh largest crypto on CoinMarketCap, failed to report significant growth in the market. However, the Tron ecosystem’s updates and developments have kept pace. The weekly report released by the Tron Foundation made note of these developmental changes taking place in Tron.

The report said that the foundation had tested the block broadcast optimization solution, and the optimization solution for energy deduction in transaction failure. However, the Foundation was still working on the on-chain rate of transactions, which were broadcasted by GPRC. The team said that they were also working on the Sun Network, for which tests were underway.

The report highlighted that developers implemented new APIs in the wallet, along with the addition of ledger side changes for backend downtime. As for uTorrent and BitTorrent clients, the devs community has come up with a prototype TronTV to test. The report made note of the launch of the new APIs.

BitTorrent saw the completion of its fourth airdrop at a block height of 9,123,823. The Foundation carried out a campaign to spread awareness about the utility of BTT tokens, alongside it being used for in-speed applications to enable faster download of files.

Even though the market was not performing as well as expected, Tron’s adoption has not been a problem. The report noted that Bitkeep wallet listed Tron and supporting the token. Tron’s value in the market was at $0.0281, with a market cap of $1.87 billion. The 24-hour trading volume of the coin was $677 million, dipping by 3.14% over the past day. Over the past seven days, the token spiked by 13.56%. However, it slipped by 0.77% in an hour.

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2018-12-2 15:59