Navigating the TVM, a guide to having fun on TRON.
Over the past few weeks i've deep dived into a platform that has blossomed in front of my eyes. All the best parts of blockchain coming together to fascilitate major growth and connections for developers and dreamers alike.
Today I'm going to give you an all access pass to all the information I have gained, a look into the full depth of the TRON ecosystem. This will be a link heavy article, but hopefully I can explain well enough that you don't have to click them all, I just want to be thorough with my refences, as there are many.
I want to start with BTT token for BitTorrent
what BitTorrent means to Tron
Alot of people wonder why Tron?
I'll do my best to explain the Tron Virtual Machine (TVM) as simply as I can.
The TVM is a cryptographic platform, a place where for a portion of currency called TRX you can deploy a multitude of different operations, including but not limited to creating a token asset known as a trc10 token, within you can include data like supply,name, cost per coin, and create a digital currency for whatever unique utility you would like to achieve on the internet. What sets the TVM apart from other blockchains is its ability to adapt and expand through delegated proof of stake aka DPOS, which allows Trons users to freeze TRX in order to vote for representatives and earn rewards while also gaining system bandwidth, the freedom to choose whos validating the system, and a way for anyone aspiring to be a Tron Super Representative a fair and democratic way to achieve power and decentralization.
Using a real TRX wallet instead of holding on an exchange gives you access to so many things, for this currency having your own wallet is a must and keeping assets on an exchange is a less profitable way to hodl for basically everyone who arent expert day traders and want to keep their assets truly secure.
Another defining factor is Tron is a perfect emalgamation of previous iterations of blockchain, the open sourced nature of cryptocurrencies allowed the developers of Tron to hand pick the most scalable aspects of blockchain and smart contracts to form one thats scaled further then the rest and ready to be pushed even further with BitTorrent.
Next we have Dapps, decentralized applications, dapps can function in many different ways because applications can function in many different ways, as we see the TVM grow expect dapps to become a really cool way to experience the web.
Tokens can be built into dapps currently with trc20 tokens which provide their own unique codebase for developers to further design functions within their tokens. Including the creation of Dex's aka decentralized exchanges, a trustless exchange without requiring you to deposit or rely on a third party.
Now with the creation of Java-Tron the ability to create dapps evolved and I believe very soon we will have the unique gaming, streaming, and social media dapps to explore and so much more.
Now lets get to the fun stuff, why BitTorrent?
If you incentivize people to share data, which holds value, you scale the internet. Problem is, due to the grand size of BitTorrent and the amount of processing power that will be required implementation of a token needs to be both off chain and on chain. To do this a token is deployed on Tron called BTT, this token will have 990,000,000,000 Total Supply and that supply will be used to seed wallets and start initial incentivization on BitTorrent platform while simultaneously they will be seeding some aswell to the Tron community. All trx holders even on huobi and binance exchange will recieve BTT It will be used to incentivize adoption and help fund operations and expansions of the protocols and the teams in the future.
Lets start with off-chain, what this means is that this is the token while it exists on BitTorrent platform, everything is calculated on the BitTorrent network. Okay, now somebody wants to take their earned or deposited BTT off of BitTorrent and sell it or use it elsewhere, it would then need to be transferred from BitTorrent to your personal tron wallet or an exchange where it is now converted to on chain and functions as a normal Trc10 token.
What does this mean?
While the tokens are on BitTorrent they will exist in an algorithm within the protocol while at the same time being held in a large Tron wallet. Users will have to withdraw from BitTorrents wallet and their algorithm will verify your amount of BTT removing them from their system and sending the coins from their designated Tron wallet when taken off network. Basically the only time BTT is used on tron by BitTorrent is during withdraw and deposit stage.
In conclusion
Using BitTorrent is Valuable to Tron, using Tron is valuable to BitTorrent, syncopated systems that expand networks.
Faster download speeds for higher quality data, profitable seeding of rarer sought after data. This is the expansion and scaling of the Tron platform and BitTorrent
Protocol. This is the dawn of a faster more secure more censorship resistant internet.
As this grows expect expanding usecases for the TVM and BitTorrent and expanding value for TRX and BTT.
But thats not all, so many projects are using tron to develop extremely fast and cool dapps,bots,and goodies so I also want to dive into the teams that arent part of the BitTorrent aspect of Tron, as exciting as it is, it can over shadow what makes this network so fun!
First big step a few months back was the creation of the seeditbot, seedit is a way to tip each other on telegram and twitter, its also a wallet and in telegram group works as a trade bot aswell. One of the cool functions was rain and airdrop functions, telegram groups can be seeded with tokens through a simple function with very little fee. Meaning token creaters can drop their tokens to the community extremely fast and active users have a reason to participate in the conversation as at any time you could be airdropped tokens. Another example of one of these bots is Robominer, different but similar in a few ways. Will link to everything at the bottom of the post! Including some airdrop rooms.
To summarize Some current TRX development notes:
- Over 1 million active wallets
- Tipping bots
- Freezing dividends
- Voting
- Over 2 million daily transactions
- Over 100 Dapps
- Over 2000 tokens deployed
- BitTorrent token ICO
One thing I strongly suggest is getting tronlink setup, its metamask for the TVM. https://www.tronscan.org is the main homepage for the tron foundation. Includes access to trx.market dex
Links and descriptions of some of the things I've found!
Goseeditbot- this allows you to trade, airdrop, receive/give tips on telegram and twitter, it provides you with private key.
https://t.me/GoSeedit
Robominerbot-this also allows you to trade, airdrop, receive/give tips on telegram and twitter, it provides you with private key
https://t.me/RoboCoinExchange
Trc10 projects to check out!
KsumNole- charity project with a great sense of purpose https://t.me/KsumNole
Emstoken- medical services token, decentralization can help medical field tremendously https://t.me/EMStokengroup
BeatzCoin- vibravid decentralized music platform, very innovative and getting major traction https://t.me/beatzcoin
POPPY- working POS system, amazing must check these guys out, total hit at NiTRON event. https://t.me/PoppyPOS
TRONGOLD-one of the original trc10 tokens, platform launching soon! For updates https://t.me/TRONGOLD_Token
Trc20 projects to check out!
PLAY/GOC- PLAY is the token for the GOC casino, while GOC is the token for GOC exchange dividends. [Play](https://play.goc.network
GOC Dex
TronWeeklyJournal- Tron focused news, developing a dapp and pursuing partnerships while maintaining news for tron users. Currently running a bounty https://www.tronweekly.com/ or telegram
https://t.me/Tronjournal
ANTE- ANTE is the dividends token for the largest dapp currently on TRON called TRONBet. If you want to check out stats for any tron dapp this one is the one scoring records. Millions of dollars per day gambled on here. TRONBETio
CFT- TronCraft is direct competition for both PLAY and ANTE as their dapp is also a betting dapp offering dividends.(you will find plenty of TronCasino's but the ones here are currently doing well and have good ui's.) TRONCRAFT
IGG- IGGOLD is the token for Intergalactic Gaming and the egaming empire underway. Many tokens under its wings many huge supporters and plenty of info to absorb. https://t.me/IGG_Official
Some airdrop telegrams-
https://t.me/gemsevents
https://t.me/TronAirdrops
https://t.me/Everybody_Airdrop
Some dapps to try out! (Remember to get tronlink for android and iphone user tronwalletme and math wallet both have dapp portals.)
(High risk) Trongoo fomo with a twist-trongoo
(Low risk) Everdragons, collectible dragons with games and a link to other blockchain, pretty genius and very fun. https://everdragons.com you can use my promo code SZD-PCW
(Low risk) chibi fighters, currently in funding phase for trx blockchain but you can buy a chibi token right now for 1000trx (25$) https://trx.chibifighters.io/
(Medium risk) p3t network, a tron world domination game a contract divs token and a rather interesting roi contract design. p3tnetwork
Another couple gambling dapps:
TRONWIN
tronvegas
allbet
TRONdice
dicebet
Some excellent articles to read to help fill you up on why TRON, why Now? Much love
https://btcmanager.com/introduction-tron-smart-contract-development/
https://www.bittorrent.com/btt/btt-docs/BitTorrent_Token_Whitepaper.pdf
https://www.tronweekly.com/tron-trx-founder-highlights-2018-achievements/
Thanks for your time! I hope this was all helpful! Comment below anything you have questions about!
My personal trx wallet address for donations or if you're interesting in seeing my tokens collection:
TPj3PvyqXGo8C42oqFgiaqN1yEhzZdV4ve
I was worried about you guys!!!!!!
I'm glad your ok bro. I didn't read this just yet, because I am in the middle of a few things, but since I have shamelessly been playing around with Tron, I will have a read shortly.
Yeah been a rough winter! Alot has happened. Maybe i'll do a recap on whats been going on for me and the fam this last few months. Havent had steady access to internet. Until like last week so i'm finally able to sit down and write. Still no computer but a better iphone.
I'm glad you're ok at least man. Yeah I've been playing around with Tron a bit, but mostly in hopes to make gains in Steem. I suppose it probably wouldn't be very productive to make a post about just how bad I got wrecked with trongoo.. lol, be careful with that one.. It takes a TON of tron to play a profitable game.
I really like pixwars. I'm thinking about making a post about the game. It's interesting to me, because it's a art property game, where peoples motives for playing the game may not be entirely profit based, and of course, this just adds some different and interesting dynamics.
Got wrecked with allbet too.. but now getting daily divs from the staked AB coins, and it's in early mining stage, so not all is lost yet lol.
Building tokens is my jam, never know what could be worth rediculous amounts in a year or two right.
That's a great point. Sure I got wrecked for a few thousand Tron, but now I am raking in daily divs with Tron, and if Tron moons, then a single coin could potentially cover all my losses and then some. This is how I think bro, the name futuremind wasn't an accident.. lol 😋
Lots of other dapps to try in my list though. Give it all a read and tell me if i missed any good ones :p
True. I'm most excited for chibi fighters, and I really like playing everdragons.
YES!!! A friend gave me his chibis ref, and I cannot freaking wait for the release!!!! haha
Interesting. Commenting to bookmark. Thanks!
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STOPIt looks like Tron is offering some serious competition against @steemit.
The Steem community must come together, costs for full nodes must decrease more, and the size of the Steem community must be increased @dizzyjay.
Steem is currently the only cryptocurrency I hold.
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