St. Martin Proposes TRON as National Blockchain Infrastructure and Legal Tender

St. Martin Proposes TRON as National Blockchain Infrastructure and Legal Tender

In a recent development, the government of the Eastern Caribbean island of St. Martin has proposed a law that would designate TRON as the country’s blockchain infrastructure and TRON-based cryptocurrency as legal tender for everyday usage. Member of Parliament (MP) Rolando Brison, who has been a vocal advocate for the integration of blockchain technology and … Read more

Tron Consumes 99.9% Less Power Than Bitcoin and Ethereum, Crypto Researcher Says

Power Grid Transformers

The low power requirements of the Tron network make it one of the most environmentally friendly blockchains, the Crypto Carbon Ratings Institute (CCRI) said in a report on Wednesday. CCRI is a research group focused on lowering carbon emissions for crypto projects. Tron’s delegated proof-of-stake (DPoS) consensus mechanism contributed to its reduced carbon footprint as compared to … Read more

Another ‘algorithmic’ stablecoin has fallen below its $1 peg — but experts say it’s not ‘Terra 2.0’

cryptocurrency stablecoin overview

Key Points: USDD, a so-called “algorithmic” stablecoin that’s meant to always be worth $1, plunged as low as 93 cents on Sunday. The situation has led to fears that USDD may suffer the same fate as terraUSD, a similar token that collapsed in May. But despite concerns over a repeat of the Terra saga, experts … Read more