#innp The founder of a little-known cryptocurrency is making big waves.
First leaked last week, more details emerged Tuesday on how Justin Sun, the founder of a controversial cryptocurrency project called Tron (with a market capitalization of more than $3 billion), is acquiring the file-sharing service BitTorrent for as much as $140 million.
(A subsequent CoinDesk report pins that total at closer to $120 million).
If you just did a double-take, you're not alone.
A quick recap: Tron, the 10th-largest cryptocurrency in the world according to data published by CoinMarketCap, is in the midst of gearing up for its big software launch.
The project officially kicked off efforts in May to shift from the ethereum token it used for fundraising (in what's called a 'token swap') to new coins on a wholly independent blockchain, dubbed Odyssey 2.0. But the road to that point has been a tumultuous one, marked by allegations of plagiarism about its white paper.
As such, the acquisition was yet another opportunity for supporters and critics to spar.
Investors, you can guess, were more than ecstatic about the news.
Source
Plagiarism is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam.
Spam is discouraged by the community, and may result in action from the cheetah bot.
More information and tips on sharing content.
If you believe this comment is in error, please contact us in #disputes on Discord
Whaaat for real? I thought that this was just a rumour ..!
tron has a very big community so how they stop talk about it
Congratulations @vashistha! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard!
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes