Binance Monopolizing Control of TRON. Ethereum Hard Fork Not Going Smoothly & More
DAILY CRYPTOS ESPRESSO – news from 30 Sep 2019
Binance, the biggest cryptocurrency exchange, has 60% of voting power over the TRON network. In this way, it can collect the majority of the TRON block rewards.
Binance elected itself as a TRON Super Representative, trumping all other Super Representatives.
Super Representatives oversee the network’s operation and get rewarded accordingly. The apparent control position gained by Binance is bad news for TRON, which will have to change the way it distributes block rewards.
Ethereum Instanbul hard fork is creating instability on the Ropsten testnet. A major miner is sticking with the old version of the software preventing the hard fork test from completing successfully.
The hiccup might influence the hard fork activation. In the meantime Ethereum is still suffering of performance problems and its blockchain is getting almost full.
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