Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => TRON (TRX) Forum + Ecosystem => Topic started by: PRIBO247 on November 29, 2018, 11:32:54 AM
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In a recent interview with journalist Rachel Wolfson , Justin Sun ,
the Founder and CEO of TRON Foundation , talked about a wide
range of interesting topics, with perhaps the most important
being his plans to add privacy features to TRON.
Project Atlas Being introduced in 2019.
* "We use blockchain technology to help BitTorrent build a
more efficient way."
* "First of all, when people try to download something in the
BitTorrent network will use a mechanism called "tit-for-tat".
So, basically, how much you upload, how much you
download. But this mechanism doesn't [always] work... For
example, if I finish the downloading, I don't have the
incentive to upload anymore... So, we provide a
cryptocurrency token [called the "BitTorrent token"]issued on
the TRON network... as a solution to provide incentive for the
users. So, basically, the more you upload, you can get the
token incentive from the other users, or you can get the token
distributed by the system. So, that's why you have
this incentive to maintain the whole network, to contribute to
the network."
* BitTorrent is popular in 138 countries. So, it's very important
that we find a solution like a payment channel [so] all
countries are the same. Right now, the banking system and
all these payment channels are fragile. You can't find a way
to exchange the value instantly globally... For the TRON
network, we handle like 2000 TPS.
* "The second [thing] is that we want to have a unique
currency for the whole blockchain system so everyone
exchanging data can use this currency."
User Privacy
* "Everybody nowadays, don't want their privacy stored by
Facebook or Google because those people can more easily
manipulate the data so they can push ads to you. You don't
want to share those data with them. That's why I think the
decentralized way becomes a good way to do that."
* "Privacy is important for the network. That's why I think next
year, in Q1, we will adopt zk-SNARKs (zero-knowledge
proofs) into our network. This is how we can improve
privacy of the whole network. So, in the future, if you want to
have these private transactions and a private
[shielded] address, if you use the address, we can make sure
that nobody sees you. The transaction can be untraceable... I
think we release this roadmap in Q3 this year, and will be
shipping next year in Q1."
How Justin Got Into Crypto
* "First of all, when I got into crypto, I was at graduate school.
When I first got into Bitcoin, it was 2013, and [an article in]
The New York Times introduced how Bitcoin works and how
blockchain works. At that time, I [thought] the blockchain
was just the technology inside Bitcoin, not the concept we
have today."
* "I think the first thing I heard about the blockchain and
Bitcoin was that this was like the internet currency.... I think
also that this is very young people friendly... When I first
introduced this [idea] to my father, he actually needed a long
time to figure out what that was."
* "I kept reading Bitcoin news every day... At that time, I was
preparing for law school... I took the LSAT and I actually got
a good score. Then, I applied for law schools, but Bitcoin
disrupted my whole life... That's why I dropped [those]
applications. And then I went from Philadelphia to San
Francisco to join the crypto community, and start my crypto
career... So, definitely, I believe that crypto changed my life."
Source : https://www.cryptoglobe.com