in

Tron Price Analysis: Bottom Line for TRX is Privacy, Justin Sun has Plans



  • Tron prices resume trend, up 1.6 percent in the last day
  • Justin Sun plans to incorporate ZK-SNARKs and make TRX a privacy coin
  • Transactional volumes must spike above 31 million reaffirming bulls and confirming current trend

Days after a successful ICO, TRX bulls are back. It is likely that prices will expand above 4 cents. Besides, future additions of ZK-SNARKs will increase as the platform attracts privacy-centric investors.

Tron Price Analysis

Fundamentals

BitTorrent’s BTT ICO may have been an overwhelming success indicating that Tron is indeed a central player in the crypto world. However, even with all cylinders firing, Justin Sun is not sated. The desire here is to make TRX a privacy coin. They will perhaps follow the Ethereum route whose founder, Vitalik Buterin, has proposed ZK-SNARKs for scalability.

Luckily, ZK-SNARKs can also be used to implement privacy features. ZCash did that successfully and TRX may the next major coin to try out this feature. In an exclusive…





Read Full Story : NewsBTC

2019-02-01 18:00:17

What do you think?

0 points
Upvote Downvote

Written by Newsbtc

Ethereum Developers Delay Mining Algorithm Change for Code Audit

QuadrigaCX Owes Customers $190 Million, Court Filing Shows