All Good in the Hood: Tron Is Happy About Its Partnership with Tether

TRON points out that according to Bitfinex’s USDT price, the total value of the airdrop is 779369.47681 USD. The post contains detailed instruction on …

TRON and its founder Justin Sun are content about the partnership with Tether. In a new post, Sun said that the collaboration rewarded a total of 51357 accounts.

TRON launched its collaboration with Tether in early spring. The two planned to issue a USD-pegged USDT on the TRON platform. And it seems like everything is going according to the plan.

In a new Medium post, TRON emphasized that the cooperation “enhanced TRON’s ecosystem.” It also “bettered the overall value storage and brought more liquidity to the DEX.” Finally, it “provided a more convenient access to blockchain for business partners and institutional investors.”

As part of the plan, TRON launched a 200 million RMB incentive plan 2.0 from July 16 2019 to August 15 2019. This way, TRON wanted to boost the usage of TRC20-based USDT. Holders had the opportunity to receive their daily rewards of interest from the airdrop.

So far, TRON has completed all 31 airdrops for early users. It allocated a total of 776931.269590 USDT to a total of 51357 accounts. TRON points out that according to Bitfinex’s USDT price, the total value of the airdrop is 779369.47681 USD.

The post contains detailed instruction on how to upgrade to TRC20-based USDT in the future. The initial step is to contact the official service email of USDT. Then you’ll have to establish how much USDT-OMNI or USDT-ETH you would like to exchange and complete a number of other steps.

Source: Medium.com

Not everyone is as happy as Justin

Justin Sun, the founder of TRON, has expressed his support for the project and tweeted the results of the incentive plan.

The #TRC20 based #USDT Incentive Plan is successfully accomplished. #TRON has completed all 31 airdrops for early users, giving out totally $779369.47681 USD according to @bitfinex USDT price. There are a total of 51357 accounts received the reward. #TRXhttps://t.co/41i46c72Zn

— Justin Sun (@justinsuntron) August 16, 2019

His post predictably received a lot of comments, not all of which were of flattering nature. Not least due to the fact that Tether and Bitfinex have garnered a great deal of negative attention. To remind, New York Attorney General accused Tether and Bitfinex of fraud. It turned out that the coin is only 74% backed by fiat. To worsen its reputation, the two brothers in arms have recently issued $5 billion worth of USDT by mistake.

That said, it is hardly a surprise that some users described the coin as “dead.”

Dead coin

— Betawangs (@betawangs) August 16, 2019

Some even shared a petition that aims to deport Justin Sun and shut down his purportedly scam project.

Time for Sun Yuchen aka Justin Sun to be deported and his scam projects shut downhttps://t.co/Ww6BNV1sMS

— Crypto Dave (@CryptoDave19) August 16, 2019

However, not all commentators were hostile. Some like @Trontonium were defending the project, saying that everyone is spreading lies about it.

I guess it’s pretty embarrassing spreading all the lies about Justin & nothing coming true huh ? What’s that say ? It says that after 2 yrs of constant shit slinging – tron is still running & non of your pathetic bs lies are real. You – are a loser & you know it pic.twitter.com/u5I0ES0aba

— Bluewhale (@Trontonium) August 16, 2019

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Arrow Video FrightFest 2019: 10 hidden gems you need to see

When: 3.45pm in Cineworld Leicester Square Discovery Screen on Monday 26th August. Synopsis: Sisters Kat and Sophie, and their boyfriends Mark …

Arrow Video FrightFest is just around the corner and with so many films on offer – 78 to be exact – it can be hard to know what to see.

We already selected the 10 films you can’t afford to miss on the Main Screen and now we’re picking out 10 films that you should catch on the Discovery Screens. To be honest, it was hard to pick just 10 but we managed… just!

Take a look at our picks below…

1. The Barge People

Cast: Kate Davies-Speak, Mark McKirdy, Makenna Guyler, Natalie Martins

Director: Charlie Steeds

When: 3.45pm in Cineworld Leicester Square Discovery Screen on Monday 26th August

Synopsis: Sisters Kat and Sophie, and their boyfriends Mark and Ben, are looking forward to a relaxing weekend cruising through the glorious British countryside canals on a luxury barge. Tension arises when businessman Ben refuses to turn off his mobile and fully enter the party spirit and stress is raised further when they damage another barge and its tenants track them down to the local pub. But nothing has prepared them for the intense midnight attack on their vessel by a family of flesh-eating fish mutants who have been lurking in the dark waters, waiting for their next meal.

2. Criminal Audition

Cast: Noeleen Comiskey, Rich Keeble, Angela Peters, Rebecca Calienda, Luke Kaile

Director: Samuel Gridley

When: 3.30pm in Prince Charles Cinema Discovery One Screen on Saturday 24th August

Synopsis: A darkly funny, claustrophobic Midnight Movie to laugh, wince and gasp at. An ex-lawyer and his crack team run an underworld service; they seek the most desperate and greedy to become fake criminals to take the fall for the rich and powerful elite’s felonies. The process is known as the Criminal Audition. In an undisclosed location, over one night they will put three individuals through hell to find the perfect candidate for their latest assignment. But their world is turned upside down when they face lies, deceit, murder and a very dangerous new client auditioning for their biggest job yet.

Read our interviews with director Samuel Gridley and actor/co-writer Luke Kaile.

3. Critters Attack!

Cast: Tashiana Washington, Dee Wallace, Jaeden Noel, Jack Fulton

Director: Bobby Miller

When: 6.30pm in Prince Charles Cinema Discovery Two Screen on Saturday 24th August

Synopsis: Those small furry aliens with a carnivorous bent are back – alongside original star Dee Wallace – for their highly anticipated fifth sci-fi horror adventure. Twenty-year-old Drea reluctantly takes a job babysitting for a college professor in the hope he may look more kindly on her attendance application. Struggling to entertain the professor’s children Trissy and Jake, along with her own little brother, Philip, Drea decides to take them on an energetic hike. Unfortunately she is completely unaware that everyone’s favourite E.T. furballs with teeth have crash-landed in the same area and have started devouring every living thing they close encounter.

4. The Dark Red

Cast: April Billingsley, Kelsey Scott, Conal Byrne, Bernard Setaro Clark, Rhoda Griffis

Director: Dan Bush

When: 3.45pm in Prince Charles Cinema Discovery Two Screen on Saturday 24th August

Synopsis: Indie director favourite Dan Bush (The Signal, The Vault) returns to FrightFest with a seat-edge twisted shocker. Sybil is being held against her will in a psychiatric ward because her claims are extreme. She says her newborn baby was kidnapped by a secret society to harvest its supernatural blood. She says the ancient bloodline has great powers – it lets you hear other people’s thoughts. And she begs the doctors to let her go so she can rescue her child from the cult’s dungeons. Is she telling the truth, or is it just mere delusion? The answer will freeze your brain.

5. Death of a Vlogger

Cast: Graham Hughes, Annabel Logan, Paddy Kondracki, Joma West

Director: Graham Hughes

When: 10.30am in Prince Charles Cinema Discovery One Screen on Saturday 24th August

Synopsis: Prepare for a genre-bending horror mockumentary when a vlogger gains viral fame after one of his eerie videos contains an alleged out-of-this-world haunting. Following YouTuber Graham as he investigates the darker supernatural side of the web and dealing with the effects of being famous on the internet, this trip down a hellish rabbit hole includes interviews, cat videos, ripped YouTube content, fun nonsense, archive material, tension and unusual scares. Following in the footsteps of maverick independent filmmakers, this bold new feature is the perfect balance of horror and reality giving the found footage format a needed shot in the arm.

Read our interview with film-maker and actor Graham Hughes

6. Halloween Party

Halloween Party
Credit: Northeast Films

Cast: Amy Groening, T. Thomason, Shelley Thompson, Bradley Bailey

Director: Jay Dahl

When: 8.50pm in Cineworld Leicester Square Discovery Screen on Saturday 24th August

Synopsis: The Ring Meets Halloween in Splatter University. They were known as the ‘Halloween Party’, a group of five badly disfigured children who made a pact to take revenge on a world who couldn’t look at them. Unwittingly released from their closet grave via a Halloween-themed computer meme, they now take malevolent joy in terrorising college students with their worst fears. Can the unlikely pair of bereaved Grace and hacker nerd Spencer stop the virus spreading before its too late? Or will your worst fears – spiders, alcoholic parents, pigs, the Tall Man, exorcists – come to get you too?

Read our interview with director Jay Dahl

7. Impossible Crimes

Cast: Federico Bal, Sofia del Tuffo, Marcelo Sein, Daniel Alvaredo

Director: Hernán Findling

When: 1.15pm in Cineworld Leicester Square Discovery Screen on Friday 23rd August

Synopsis: Experienced detective Lorenzo Brandoni is devastated after two personal catastrophes: his sister dies of cancer and his wife and son are killed in a car crash he’s mainly responsible for. Throwing himself into his work to ease the pain, he starts investigating a series of impossible crimes that a young nun claims responsibility for. Is she really the devil’s emissary ordered to carry out seemingly senseless slaughter? Or does she suffer from a mystical delirium? As she leads Brandoni further into his own tortured darkness to finally face his personal demons, the incredible truth will prove a shattering revelation.

Read our interviews with director Hernán Findling and actor Federico Bal.

8. The Perished

Cast: Courtney McKeon, Fiach Kunz, Paul Fitzgerald, Noelle Clarke

Director: Paddy Murphy

When: 3.30pm in Prince Charles Cinema Discovery Two Screen on Monday 26th August

Synopsis: Dealing with a pregnancy termination in Ireland has been hard for Sarah Dekker. Shunned by her religious zealot family and after also breaking up with her unforgiving boyfriend, she travels to a sympathetic friend’s house in the country to recover. But unbeknownst to her the provincial pile sits atop a mass grave of unwanted babies and their lost, confused sprits want to be reborn. Feeding on guilt and remorse the spirits need a mother. And they just might have found one in Sarah… Mixing horror and pertinent social issues, The Perished marks the debut of a new Irish genre voice.

Read our interview with director Paddy Murphy.

9. Red Letter Day

Red Letter Day
Credit: Epic Pictures

Cast: Dawn Van de Schoot, Hailey Foss, Kaeleb Zain Gartner, Roger LeBlanc

Director: Cameron Macgowan

When: 1pm in Prince Charles Cinema Discovery Two Screen on Friday 23rd August

Synopsis: Adjusting to a new life in suburban Aspen Ridge, a recently divorced mother receives mysterious letters instructing her and her teenage children to slaughter the people pictured in their correspondence before they can kill them. Paranoia and chaos ensues as the family attempts to rationally deal with an irrational situation. Making matters worse, the local law enforcement, already ineffective and patronizing, are unresponsive to calls for police aid after they are quickly overwhelmed by the sheer number of community participants in the murderous mayhem. A dark comedy chiller asking the age-old question: Just how well do you know your neighbours?

Read our interview with director Cameron Macgowan.

10. True Fiction

Cast: Sara Garcia, John Cassini, Julian Black Antelope, Julian Richings

Director: Braden Croft

When: 1pm in Cineworld Leicester Square Discovery Screen on Saturday 24th August

Synopsis: Withdrawn Avery Malone, a wannabe writer and lonely librarian, gets her big break when she’s hand-selected to assist her hero, reclusive author, Caleb Conrad. Whisked away to Caleb’s remote country estate, Avery is given her one and only task: to participate in a controlled psychological experiment in fear that will serve as the basis for Caleb’s next thriller novel. What could possibly go wrong? Exploring personal themes of sacrifice, remorse and absolution, Braden Croft’s third independent feature after Feed the Gods and Hemorrhage, is a compelling study into consent and the abuse of power.

Read our interview with director Braden Croft.

Arrow Video FrightFest 2019 takes place from Thursday 22nd to Monday 26th August at Cineworld Leicester Square in London. For more information and tickets please visit http://www.frightfest.co.uk.

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Justin Sun Claims Getting Tron Listed on Major US Exchange is a Priority, But Are Investors Losing …

Notably, Tron is not currently available on any major US exchange platforms, like Coinbase, but the project’s founder Justin Sun is now noting that …

Tron has been facing a turbulent past few months, with multiple rumors and news developments contributing to its recently incurred volatility.

Notably, Tron is not currently available on any major US exchange platforms, like Coinbase, but the project’s founder Justin Sun is now noting that getting the crypto listed on a platform like Coinbase is one of his top priorities right now.

Tron Not Under Consideration for Listing on Coinbase Yet; Will This Soon Change?

Although Tron is certainly one of the more controversial major cryptocurrencies, it does have a large community behind it and a nearly $1.4 billion market cap, making it the twelfth largest cryptocurrency.

Despite its size and popularity, it is one of the few major altcoins that has not yet been up for consideration for being listed on Coinbase or Coinbase Pro, despite the exchange’s claim that it ultimately hopes to list all major cryptocurrencies.

Although Tron is not currently listed on any major US exchange, this may soon change, as Justin Sun explained in a recent tweet that getting the embattled crypto listed on Coinbase or another major exchange that is open to US-based investors is his number one priority right now.

“Yes. It is our #1 priority now. We will have a full team including me dedicated to this matter. We will get all these things done with #TRON speed!” Justin Sun noted while responding to a tweet in which someone noted that “big investors are very concerned.”

Yes. It is our #1 priority now. We will have a full team including me dedicated to this matter. We will get all these things done with #TRON speed! #TRX$TRXhttps://t.co/gYcZP1pHhk

— Justin Sun (@justinsuntron) August 9, 2019

Are Investors Growing Frustrated with TRX’s Price Action?

Tron, like many other altcoins, has been slowly bleeding out over the past month, which has been primarily due to Bitcoin’s growing dominance over the aggregated crypto markets as investors flee altcoins.

Over a one-month period, Tron (TRX) is down significantly from its highs of $0.03, as it is currently trading at just below $0.021.

This drop marks an extension of the downwards pressure that the cryptocurrency has been facing over the past several months, which first began in early-June when it hit highs of over $0.04.

TronTron

Tron’s three month USD price chart.

This bearish price action has undoubtedly forced many Tron investors out of the cryptocurrency, and unless Bitcoin begins surrendering some of its dominance, it is highly likely that Tron will continue facing significant downwards pressure in the near-future.

Featured image from Shutterstock.

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TRON (TRX) Launches the Sun Network V1.0 Sidechain Scaling Solution

The Sun Network is different from other scaling solutions because of two distinct features. To begin with, it enhances smart contract transactions with …
TRONTRON

TRON (TRX) has announced the release of the Sun Network V1.0, which is a sidechain scaling solution officially being introduced by the TRON Foundation.

Sun Network V1.0 to Offer Unlimited Scaling Capability

The Sun Network V1.0 released is expected to enhance and offer unlimited scaling capacity to the platform’s mainnet. This will supposedly ensure dApps are running efficiently with high security while at the same time consuming less energy on TRON. Since the Sun Network V1.0 integrates several scaling projects such as smart contracts, cross-chain communications, dAppChain, and optimized application sidechain, it will offer 100 times scalability solutions to users.

The Sun Network is different from other scaling solutions because of two distinct features. To begin with, it enhances smart contract transactions with the main focus being to improve the TPS of the transactions on the mainnet, and it significantly lowers transaction fees. The other distinct feature is the ability of the sidechain enabling requirements to be personalized, such as transaction rates, setting sidechain incentives, as well as confirmation of speed, among other characteristics.

>> Bitcoin Hash rate Hits 80 Quintillion for the First Time

Scalability Solution Growing in Adoption

The expansion plan for the second layer scalability solution was initially revealed by TRON this spring with a testnet launch of the network done in late May. The company stated at the time that it had plans to unveil an optimization process for enhancing the ability to use the network as well as facilitate the deployment of sidechains by September. Generally, the solution will offer unlimited scalability to the mainnet, which will thus ensure there is an array of possibilities for the dApps as well as the entire ecosystem.

TRON’s CEO and Founder Justin Sun said that since the launch of TVM in October last year, there are over 500 dApps on the network. He says that the total account number on the network is close to 3 million with over 410 million secure transactions taking place since the launch of the mainnet.

Featured image: DepositPhotos © hello.artmagination.com

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Tron Founder Unveils SUN Network Version 1.0, DAppchain MainNet to Follow Soon!

The first is the support it offers to smart contract transactions, concentrating on enhancing its TPS on the MainNet and decreasing the transaction fees.

Tron Founder Justin Sun has yet again captured all the attention from the crypto and blockchain community. TRON has officially launched Sun Network’s code version 1.0. For all those left amused, Sun Network is a side chain solution of TRON, considered one of the biggest blockchain projects in the world. Tron Founder shared the update with the Twitter community followed by a detailed blog post on Medium on 11th August 2019.

Among #SUNNetwork, #DAppChain is a side chain scaling project designed to provide unlimited scaling capacity for the TRON MainNet, enabling #DApps to run with lower #Energy consumption, higher security and efficiency on #TRON. #TRX$TRXhttps://t.co/GjNkhywHPz

— Justin Sun (@justinsuntron) August 11, 2019

Designed to be a scaling solution, Sun Network has been developed to broaden the TRON MainNet’s capacity, including a string of scaling projects like DAppchain and cross-chain communications. Being a side chain scaling plan, DAppchain is designed for providing TRON MainNet with an unlimited scaling potential in order to support an increasing number of transactions. It is also aimed at allowing decentralized applications to run on Tron with increased efficiency and higher security at reduced energy consumption.

#DAppChain is #TRON‘s sidechain project. The goal is to help #DApps to operate on #TRON with lower energy consumption, faster speed and enhanced safety, providing unlimited capacity for TRON’s main network. #TRX$TRXpic.twitter.com/R5iZpU8UNy

— Justin Sun (@justinsuntron) August 12, 2019

What’s worth noting is that in comparison with other scaling projects, the Sun Network demonstrates two remarkable features. The first is the support it offers to smart contract transactions, concentrating on enhancing its TPS on the MainNet and decreasing the transaction fees.

The second feature is more customizable needs can be supported by the side chain such as forming transaction rates, side-chain perks, the speed of transaction confirmation, along with other parameters that cater to the individual requirements of developer groups.

Moreover, the solution will also open additional prospects for the TRON DApps as well as the whole ecosystem’s development. However, while thriving the network of TRON, the solution intends to make positive impacts on the entire blockchain space as well.

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