Close Menu
    AD
    AD
    News

    Tavittcoin leaves Ethereum and Waves and migrates to the TRON blockchain

    ReynaldoBy 0Edited by Collin Brown 12. February 20203 Mins Read
    • Tavitt said it will stop using Ethereum and Waves to migrate to the TRON blockchain.
    • Tavittcoin will enter the BitTorrent BTFS ecosystem to expand its number of users and use cases. 

    According to a new post, Tavitt Co., Ltd, reported that it will enter the BitTorrent BTFS ecosystem. In addition, Tavittcoin will be transferred to TRON’s TRC20 blockchain and will no longer use the Ethereum and WAVES platforms. Tavitt will establish a period in which Tavittcoin users can move to the TRON blockchain.

    According to the publication, the main reason for the migration to the TRON ecosystem is the potential reach in number of users that will benefit Tavitt. Tavitt is a platform that provides recommendations and content about tourist sites around the world to travelers who can profit from their trips. Through Tavittcoin, users can earn revenue from travel and from travel routes they can design themselves.  Tavitt Co., Ltd. was established on May 16, 2014 in Thailand.

    TRON and BitTorrent will be a necessity for future applications

    About 100 million users worldwide use BitTorrent, and the BTFS ecosystem provides tools that are unmatched by its competitors. Tavitt is interested in applying these tools to develop new use cases for Tavitt and Tavittcoin. For example:

    Tavitt users hope to get more information about traveling, they can download a wide range of contents from BTFS. Travelers can also manage these contents while traveling by using BitTorrent Remote. It is useful to be able to display desirable contents / media in the case that you are offline when there is no internet available while at the traveling destination.

    According to the publication, the BitTorrent ecosystem and the TRON blockchain will be a must for the development of decentralized applications (DApp) in the future. Specifically, Tavitt hopes to develop better applications for travelers.

    Return of the Ethereum Killer, TRON

    The crypto community has discussed the progress that TRON has made over its competitors, especially the advantages of the TRON blockchain against Ethereum. Blockstream CEO Adam Back said in a Twitter discussion that TRON is superior to Ethereum. In addition, the Tron Foundation has better funding for the development of its projects.

    Back received criticism for his claims that became more controversial when he was seen posing in a photo with TRON CEO Justin Sun. This was the beginning of the rumor that TRON might move to the Bitcoin-based Blockstream liquid network. As of yet, this information has not been confirmed and remains a possibility.

    Follow us on Facebook and Twitter and don’t miss any hot news anymore! Do you like our price indices?

    Recommended for you:

    Subscribe to our daily newsletter!


    >> Subscribe <<

              No spam, no lies, only insights. You can unsubscribe at any time.

    This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

    Reynaldo Marquez has closely followed the growth of Bitcoin and blockchain technology since 2016. He has worked as a columnist covering advances, market fluctuations, forks, and developments in the cryptocurrency space. He believes that cryptocurrencies and blockchain technology will have a profoundly positive impact on people's lives.Business Email: [email protected] Phone: +49 160 92211628

    Related Posts