TronWeekly

Crypto World News

You are here: Home / Archives for Google

Google

Google and Ethereum cloud build hybrid blockchain-cloud applications

by

The best way to accelerate the adoption of blockchain protocols, as well as technologies, is by integrating it with the modern internet resources and public cloud services.

Blockchain is making giant advancements each passing day, and as a result, it’s not a surprise that several companies are working hard to ensure they make the integration as soon as possible.

And now, in a milestone achievement, the online tech giant Google has made its move. Google has unveiled a possibility of building a hybrid blockchain-cloud applications by use of the Ethereum (ETH) smart contracts tech alongside utilizing BigQuery, its native cloud service.

 Google’s Partnership with ChainLink is the Key

The tech giant announced that the Ethereum app builders using its very own software would enable the integration of data from sources outside of the Blockchain.

ChainLink is a company that provides the on ramps as well as off-ramps for information that is necessary to run the self-executing codes (smart contracts).

ChainLink offers a service known as an oracle to integrate the data such as interest rates as well as price information from the traditional finance into the on-chain smart contracts. Therefore, oracles add another layer to the already existing capabilities, which allows the implementation of processes directly on the Blockchain.

Google plans on targeting some key tech areas through hybrid applications and include some like transaction privacy, prediction marketplaces, and futures contracts.

Loopholes of Smart Contracts Execution Addressed

Since the smart contracts are embedded in the public blockchain network, they are effectively immutable as well as tamper-proof. For that reason, its participants commit resources on some agreement with trust that the contracts are automatically executed minus third-party intervention.

However, the issue is where to get these variables that can evaluate the smart contract. If data for the contract is not from some on-chain activity, an external data source is then required, and in this case, it’s an oracle.

The businesses processes which need implementation in the form of blockchain smart contracts require access to off-chain data.

Google is looking to close all these loops by using oracles that provide bidirectional interoperation between the on-chain contracts and the cloud services. Google would demonstrate it by successfully establishing interoperation between Ethereum-based contracts and its BigQuery cloud services via the ChainLink oracles.

Google would undoubtedly encourage more developers to build hybrid applications as they make the best out of the cloud-based services and the Blockchain’s smart contracts. Besides, ChainLink’s partnership with Google may serve to be a game-changer for the project given that still, Google is trailing Microsoft and Amazon.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Tron CEO Justin Sun names TronLink as the best wallet on Google Play

by

Not too long ago, Justin Sun, founder and CEO of Tron blockchain, took to Google Play to express his satisfaction and approval of TronLink as the best Tron Wallet in the world today.

Notably, TronLink is one of the easiest to use crypto wallets, specifically for TRX, and the Tron platform, Trx.market, uses for its coin trading. Most decentralized applications in the platform are fully compatible with TronLink; in fact, many of the network’s applications require users to have TronLink to access them.

Apart from being Tron’s preferred virtual wallet, TronLink is also a trendy one and as noted above, easy to install as users need an internet browser extension that is found in Google Chrome and Chromium if you are using Linux. It takes less than a minute to install in your web browser.

This is excellent news to crypto lovers as it means that if a TronLink account is so easy to access and recommended by no other than the visionary CEO Justin Sun, it leaves no reason for more and more people to join the TronLink community.

Joining the TronLink community has many advantages to users as it positions them to benefit from three milestone events that are taunted to lead TRX prices on the upward trend, at least as they crypto pundits think.

Users can access Tron blockchain right on their browser, thanks to the TronLink browser extension

Back in July, the developers of TronWatch announced the creation of TronLink after the successful launch of Tron’s Mainnet. The idea behind the development of TronLink wallet was to make it easy for users to access the Tron blockchain from the comfort of their internet browser, in a manner that is similar to how MetaMask does with Ethereum’s platform.

Developers also stand a chance to benefit from TronLink as they will now be able to develop and interact with DApps in their internet browser of choice. The result of this is that developers can now easily interact with the smart contracts they develop for their Decentralized Applications (DApps). At the moment, Google Chrome, Brave, and Mozilla Firefox support TronLink wallet application on their platforms.

Where can Users Find and Download the Current Updated Version of TronLink?

According to the team at TronWatch, developers need to know that TronLink’s latest available version is in its Beta stage of development. This means that the current TronLink wallet in circulation is not the final version, anyone willing to try it out, should know this before downloading and using the application.

Internet users who are willing to download and use the app can find the Internet Browser extension at the Chrome Store and Mozilla’s Firefox Add-on page. Also, users can use the TronLink app inside the Brave Browser.

For individuals installing the extension for the first time, they need to enter their password twice to confirm their identity. Once this is done, individuals will be required to give a backup phrase that they can use in cases where they want to recover their application, and funds should the need arise. After availing the backup phrase, users will then be asked to import their wallet. It is essential to back up your wallet before using TronLink, considering it’s still in its Beta stage.

Information Concerning the Creators of TronLink, TronWatch

The management and staff members of TronWatch seem to have a clear vision and goal on where they want to go, and that is building the first fully-featured decentralized exchange that functions on the Tron platform. Parties will be able to exchange TRX and other Tron-based assets such as TRX10 and TRX20 on the platform.

The project’s token sale got completed last year (on October 29th, 2018 to be specific). Since the very first month of this year, May 2019, TronWatch Market DEX (tronwatch.market), is also online. So the project has done warming up and is running smoothly already. Also, at the press time, the price of one TronWatchMarket virtual asset is about 0.5 TRX.

TRX Price Analysis

At present, the entire crypto market is recovering today after going in grief yesterday due to the unprecedented fall of prices across the crypto-board. Many crypto analysts blamed the fall of Bitcoin for the recent worrying situation of Tron and other leading altcoins.

As we write this, Tron (TRX) stands at $0.03145 after gaining 1.4% in the last 24-hours. The hourly chat of Sun-led crypto is red; the same is the case with the weekly one as it lost 9.7% of its value in the last seven days. Since the news of Warren Buffet lunch has become old now, Tron needs to look for something new to support its growth story.

Editor’s note: We had to update the article after TronWatch reached to us to inform that they have had completed their ICO.

Featured image courtesy of Forbes.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

People’s ‘interest over time’ in Tron (TRX) spikes as Sun meets Buffet

by

Justin Sun, Tron’s and BitTorrent’s CEO and Tron’s founder just offered USD 4,57 million for the privilege of having lunch with Warren Buffet, the world-famous investor who called Bitcoin “probably rat poison squared.”

Wouldn’t you like to listen to their conversation?

Sun is the man behind the Tron Foundation, which issues the Tronix (TRX) cryptocurrency and that also bought BitTorrent and then issued the BTT token which is now in the world’s top 30 by market capitalization.

Mr. Sun’s track record as an entrepreneur in Asia is beyond any doubts, and he’ll hopefully have the opportunity to provide Mr. Buffet with high-quality first-hand information that could prompt Mr. Buffet to see the cryptoshpere in a different light.

Mr. Warren said he’s happy to meet with the Chinese crypto-celebrity and his entourage “It is very common in investment circles that people will change their minds,” Sun said in a telephone interview. “Investment opportunities are best when lots of people are underestimating technology.”

Mr. Sun was every bit as well disposed of, and he announced it in his Twitter account:

Mr. Buffet and Chares Munger, a close associate of his, are not crypto fans at all. “Noxious poison” is one of the friendliest words they’ve used to refer to it. At least Mr. Buffet has recognized that blockchain technology could turn out to be “important” in a CNBC interview.

“Even one of the most successful investors of all times can sometimes miss a coming wave,” Sun expressed in a letter to the crypto verse “Buffett has admitted he overpaid for big investment food giant Kraft Heinz Co., while failing to realize the potential of the likes of Amazon.com Inc.; Alphabet, the parent of Google; and even Apple.”

Glide Charity

This all came about because of the Glide charity organization based out of San Francisco. Mr. Buffet’s late wife used to support it. The group has raised more than USD 30 million over time, and bid amounts for their events have only been going up. Gide accommodates the city homeless with free food and support for victims of violence. It also helps people find shelter.

“I’m delighted with the fact that Justin has won the lunch and am looking forward to meeting him and his friends,” explained Mr. Buffet in an email “We are going to have a good time, and Glide will use his contribution to help many thousands of people.”

Amid all the recent coverage Tron and its CEO Justin Sun has been getting, searches for the term “Tron” has surged in the giant search engine, Google, significantly.

So everything is set. One of crypto’s champions will meet one of the detractors. Food will be good for sure, but it will be more interesting to see what comes out of their conversation. Maye Mr. Buffet will be persuaded that crypto is worth it.

Or maybe, Tron CEO will end up thinking it’s not. Both results are unlikely. But it’s essential to find out what happens when one of the crypto verse titans meets a traditional investor an see what comes out of the time they spend together.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Google Searches for Bitcoin See Tremendous Spike

by

Bitcoins rally over the last two months has seen it become a focal point of conversations around the watercooler again. The cryptocurrency market is now in full swing and Bitcoin currently stands strong with a price of $8130 (at the press time) after having started the year at just $3800. That is a massive growth of 210% over the course of barely five months, most of which happened during the last two months.

May specifically has been a rollercoaster with different days where the cryptocurrency shott up in value by over a thousand dollars. Both times, it was due to frantic trading on the early Asian markets that spurred the meteoric rise and many think it had to do with the faltering of Asian currencies in the face of an ongoing and costly trade war between the United States and China.

Google data shows public interest in Bitcoin is increasing

Data from Google Trends shows that Bitcoin is only getting more and more popular as time goes by. Looking at the last 90 days of data, there is a definitive bump in interest around the beginning of April when Bitcoin broke through the $5000 barrier, and the conversations started around whether there would be a bottoming or if it was a false dawn.

Since then, however, the data has shown a sharp increase in the search term “bitcoin” and like it looks like the trend will continue surging upwards for the foreseeable future regardless of the price fluctuations. It is interesting to note that the NFL players are asking to be paid in cryptocurrency now (in Bitcoin in particular).

This type of popular appeal is a sign that Bitcoin is maturing and that more and more people are slowly becoming comfortable with the idea of a cryptocurrency. It is easy to forget that Bitcoin is barely 10 years old and that there were similar bubbles and misgivings when the internet started to become mainstream.

African countries are most interested

The 90 day and 365-day trends show that most of the interest in the Bitcoin search term came from two African countries, namely Nigeria and South Africa. In top 5, only Austria is not from Africa as St Helena and Ghana take up the other two spots.

Following on from that, 6-10 are Netherlands, Switzerland, Germany Australia and Singapore. While only Switzerland can be looked at as a crypto friendly jurisdiction, it does show that the people from these ten countries are becoming ever more interested in cryptocurrency as a whole. Undoubtedly, Bitcoin has been known to be the gateway crypto for many people.

This is great news as the ICO problems of late 2017 and early 2018 turned many people off from cryptocurrencies and what this data shows is that people are willing to give cryptocurrencies another chance. The more people learn about Bitcoin and crypto, the better it will be for the entire sector and we might even see crypto take place in our daily lives sooner than many had imagined.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.