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TRON Virtual Machine Official Version Coming Soon, Will Expedite Blockchain Application

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TRON Virtual Machine

NEW YORKSept. 4, 2018 /PRNewswire/ — Blockchain technology has gone through the 1.0 era marked by Bitcoin and the 2.0 era represented by Ethereum. Now the industry has entered the 3.0 era featuring a large number of DApp applications. As the defects of the Ethereum Virtual Machine (EVM) start to reveal themselves, Qtum Blockchain, TRON, EOS and other public chain projects are competing in Virtual Machine (VM) development, aiming to dominate the future of DApp application.

What is a VM? It is like the WeChat public account editor. If you would like to edit an article, check its format, layout or presentation, you can put the article in the editor and preview the page. A VM plays a similar role as the WeChat public account editor: it is a stable and reliable environment for blockchain applications to operate, thus providing important technical support for blockchain.

The changing role of VMs

As the blockchain technology evolves, the role of VMs in the industry has also undergone tremendous changes. In the 1.0 era, the blockchain technology served mainly as the underlying technology of Bitcoin, providing technical support for Bitcoin transactions.

In the 2.0 era, Ethereum successfully developed smart contracts and the Turing complete EVM. As a result, a large number of projects issued their tokens based on the Ethereum smart contracts; blockchain projects witnessed exponential growth in 2017; and EVM-based DApps also started to emerge.

In the 3.0 era, a great deal of DApps are emerging, demanding substantial DApp testings to be carried out on VMs. Therefore, VM development has become the competitive arena of many public chain projects. The completeness of VM’s performance will directly affect whether the DApps can be applied quickly and efficiently, thus also affecting the number of users on each public chain.

TVM: an optimisation of EVM

The EVM has many defects in design and implementation, while the TVM, which is compatible with the EVM, rectified the defects.

In the first half of 2018, TRON developed the TVM and introduced the concept of bandwidth. Different from the gas consumption mode in Ethereum, TRON realises transfers and smart contract operations for free. Since there is no token consumption, the achievable computing capacity of the TVM is not limited by the total number of tokens.

The TVM is perfectly compatible with the existing developer’s ecosystem, and is able to meet the needs of the DPOS consensus mechanism. The TVM is compatible with the EVM’s environment, which means developers can use Solidity to develop, debug, and compile smart contracts in a familiar Remix environment without learning a new programming language. When a TRON smart contract is done written, it is uploaded to the TRON MainNet and executed in the TVM located at the Super Representatives’ nodes, which isolates the smart contract from the external environment.

The TVM official version to be launched on Aug. 30 will be even more powerful. This version will come with improved accessibility and security, to fully support the efficient and secure development of smart contracts. The compilation and instruction set will also be further optimised. In addition, the entire TVM ecosystem, including development tools, developer team building, and game engine building, will be more comprehensive, eventually realising higher performance, simpler operation and a more robust ecosystem.

TRON will speed up TVM upgrades

Tron

Currently, the blockchain technology is mainly used in cryptocurrency transactions. With its rapid development, the blockchain technology will be applied in more diverse scenarios. To meet such demand, TRON will continue to improve the processing speed of the TVM and accelerate its upgrades.

The rapid development of the VM technology manifests the development of the whole blockchain industry. With more and more smart contract developers using the TVM, the TRON ecosystem will be stronger and more capable of accelerating the application of the blockchain technology.

*Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.*

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Claim Amazing Prizes As You Bet on Your Favourite Euro 2020 Teams!

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Euro 2020

Can you hear the horns and football fans preparing their songs? Can you feel the anticipation and excitement in the air? Euro 2020 is here! The stage is set, the teams are ready. It’s another time to watch some of the world’s best players battle on the pitch to bring glory to their nations.

Don’t miss your chance to cheer for your national team with an unbelievable bargain: 1xBit presents you EUROMANIA 2020, an online lottery where you can win huge prizes in bitcoin as you back your team to win!

Feel the Winning Euphoria

You have the chance not only to watch the team succeed but also to walk away with fantastic cash rewards. 1xBit’s Euromania 2020 features five draws of prizes happening at each of the Euro 2020 stages: group stage, the eighth final, quarterfinal, semifinal, and final.

At each of the five draws, lucky winners will be rewarded with up to 100 mBTC and other amazing prizes. But that’s not all! There will also be the ultimate draw where you can win the star prize of 1 BTC, free bets, and many other fantastic crypto prizes! Amazing, isn’t it?

The promotion runs until the 11th of July 2021 during which the five draws will take place. Then, the ultimate draw for the star prize comes up on the 13th of July.

Grab your lottery tickets right away by betting on EURO 2020 events on 1xBit. The more you bet, the more lottery tickets you get. And as you grab more lottery tickets, you increase your chances of winning a prize!

About 1xBit

1xBit is an online sportsbook and casino site with thousands of betting options. It provides a safe and convenient platform that makes your betting experience thrilling. Here are some things you enjoy when you bet on 1xBit.

  • Welcome bonus: Sign up and make deposits to enjoy a huge welcome package. You can get up to 7 BTC on your first four deposits!
  • Anonymous platform: No need for submission of names, location, or any other personal data. One-click sign-up process!
  • Multicurrency platform: 30+ cryptocurrencies available for you to bet on. You can also switch any coin of your choice whenever you want.
  • Instant payouts: Enjoy fast withdrawal of your funds. There will be no need for processing times or verification of documents.
  • Large selection of betting markets: 40+ sports with all the popular leagues available for you to bet on. You can place both line or live bets with excellent odds.

Hurry now! Bet on Euro, Win in Crypto!

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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African Crypto Exchange Quidax Raises Over $3 Million on the Worst Day of Crypto in Less Than 48 hours

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Quidax Raises

On what could be tagged as the worst day of crypto this year, African-founded exchange, Quidax, raised over 7,772 BNB from the public sale of its token, QDX. The crypto market suffered its first major dip in 2021 on Thursday, May 19 with Bitcoin dropping as low as $30,000 from highs of $64,000. In spite of this, the public sale of QDX sold out in less than 48 hours.

Recently, Quidax announced that it had processed over $3 billion in transaction volume since its launch in 2018 with over 400,000 customers across more than 70 countries. In the announcement, Quidax also shared a shift from its African-focused strategy to becoming the global home of BEP20 tokens.

Next Steps for Quidax

On Friday, the exchange revealed that $QDX will be listed on its platform and DeFi platform, JulSwap, from Sunday, 23rd May, where anyone will be able to trade QDX.

QuidaxQuidax also unveiled its QDX roadmap that highlights the next developments within the QDX ecosystem. The revelation included the listing of several tokens including BNB, DOGE, and SHIB.

As part of its roadmap, the first major product in the QDX ecosystem, QDX Vault will enable people to stake their QDX tokens and earn token airdrops from every other token that gets listed on the exchange.

Additionally, an airdrop has been scheduled in June for Quidax and JulSwap community members that hold QDX.

The QDX roadmap also indicates the launch of a self-service listing that will go live in August. This unique feature will serve BEP20 projects looking to list their tokens on Quidax exchange within 24 hours.

A Fast-Growing Ecosystem 

The Quidax ecosystem continues to grow with partnerships. One such partnership is with blockchain analytical firm, Chainalysis. Quidax recently revealed that it would be listing Wall Street Games Token (WSG). Wall Street Games is one of the biggest blockchain-based gaming platforms and this development shows the commitment towards building a unique ecosystem.

Apart from its instant exchange & order book services, Quidax enables OTC trading for institutions and gives fintech companies the tools to offer cryptocurrency services to their customers through a dedicated plug-and-play API.

About Quidax

Quidax aims to be the home of BEP20, giving anyone access to tokens on the Binance Smart Chain (BSC), as well as popular cryptocurrencies. Apart from instant exchange services, Quidax enables OTC trading and gives fintech companies the tools to offer cryptocurrency services to their customers through a dedicated API. Quidax was officially launched in 2018 and currently has over 400,000 customers in more than 70 countries.

Website: Quidax.com

Quidax Native Token: Quidax.com/QDX

QDX Token Community (Telegram): https://t.me/QDXToken

Twitter: https://twitter.com/QuidaxGlobal

Facebook: https://facebook.com/QuidaxGlobal

Instagram: https://www.instagram.com/quidaxglobal/

Quidax Global Community (Telegram):  https://t.me/QuidaxGlobal

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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First Julpad Token Launch to hold on May 19 with African Cryptocurrency Exchange, Quidax

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Julpad Token Launch

Cryptocurrency Exchange Quidax has announced that it will be launching its ecosystem token, QDX, on JulSwap’s launchpad Julpad on May 19, 2021, at 10 am (UTC) QDX will be the first exchange token to launch on Julpad.

On Twitter, the company revealed that the QDX private sale had sold out within 10 minutes. According to Quidax CEO Buchi Okoro, the speed of the private sale showed how enthusiastic the community is towards QDX. ‘’The record sale of the private allocation shows the enthusiasm towards QDX and our transition towards becoming the home of BEP20 tokens,’’’ he added. The private sale was the first phase of the token launch, with 3% of the total QDX supply made available to strategic partners and early community members.

To keep everyone updated on the token launch, Quidax will be hosting two AMA sessions on Tuesday, May 18, 2021, by 3 pm (UTC) and by 5 pm (UTC). The sessions will be held on the JustLiquidity telegram channel and the QDX telegram channel. Both will feature Quidax CEO, Buchi Okoro, and JulSwap CEO, Tobias Graf to answer questions about the token and how to get it.

The exchange had recently revealed that it was evolving from its African-focused strategy towards a global strategy that will position it to become the global home of BEP20 tokens. Quidax also announced a partnership with JulSwap, one of the biggest decentralized exchanges (DEX) in the Binance Smart Chain Ecosystem.

Last week the African founded startup shared that it had done over  3.2 billion dollars worth of transactions since launch and have grown their customer base from 50 customers in 2018 to over 400,000 customers across 72 countries today.

Quidax has also partnered with leading blockchain analysis firm Chainalysis to provide transparency and reduce fraud cases within its ecosystem. Chainalysis has a track record of helping cryptocurrency platforms assess risk, safeguard against illicit transactions, and protect their reputations with superior Anti-Money Laundering (AML) solutions. Quidax will be able to leverage Chainalysis solutions to optimize its platform. 

About Quidax

QuidaxQuidax aims to be the home of BEP20, giving anyone access to tokens on the Binance Smart Chain (BSC), as well as popular cryptocurrencies. Apart from instant exchange services, Quidax enables OTC trading and gives fintech companies the tools to offer cryptocurrency services to their customers through a dedicated API. Quidax was officially launched in 2018 and has processed over $3 billion in transactions. Quidax also has a global appeal with over 400,000 customers in more than 70 countries.

Quidax Token: Quidax.com/QDX

QDX Token Community (Telegram): https://t.me/QDXToken

Facebook: https://facebook.com/QuidaxGlobal

Twitter: https://twitter.com/QuidaxGlobal

Instagram: https://www.instagram.com/quidaxglobal/

Quidax Global Community (Telegram):  https://t.me/QuidaxGlobal  

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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