Steemit to Shift Its Proprietary Blockchain and Token to Tron Network

the Tron foundation a cryptocurrency,firm that is known for hyping its long,ledger of partnerships appears to have,entered a particularly important one,today the maintainer of major,cryptocurrency Tron TRX has just,partnered with steam at a major block,chain based blogging and social,networking website to provide its,network for steam ad services as part of,the strategic partnership the Tron,foundation will work with the firm to,move steam at and other steam blockchain,based decentralized applications daps to,the Tron blockchain the firm said in an,announcement shared with coin Telegraph,On February 14th the partnership also,includes the shift of old steam steam,token to a new steam token based on the,tron blockchain following the news steam,token surged almost 26 percent over a 24,hour period as of press time,TRX has also edged up notably trading,10% higher at the time of publication,additionally the collaboration will,enable giveaways to the existing TRX,users with the neutron based steam token,as well as a new accelerator program,towards the developer community,Tron founder and CEO Justin Sun,expressed confidence that the new,partnership will allow the companies to,usher in a new era of decentralized,social networking sun confirmed the news,on twitter giving the name steam at 2.0,to the upcoming Tron based steam it ned,scott a co-founder and chairman at steam,it emphasized that the platform was,created in 2016 with the original,mission of meeting cryptocurrencies to,achieve mass adoption scott continued,from launching the platform in 2016 on a,shoestring budget to today i've enjoyed,the development of the platform and the,growth of its user base now i'm excited,to see a strategic partner attempt to,bring it to new heights,providing a redditor like service,running on the steam its proprietary,steam blockchain steam it is one of the,largest apps with over 1.3 million,registered accounts as of press time,according to data from steam Bach,Explorer steam it is also known for,releasing blockchain based alternatives,for major media websites like YouTube,and Instagram such as d2 band appi CS,the partnership will apparently bring,much more traction to Tron's blockchain,with steam at solid,user base according to data from website,traffic analysis tool similar web steam,at website had over 7.8 million visits,in January 2020 according to the,announcement Tron's now has over 800,apps running on its ecosystem the news,follows a reported bug on the steam,blockchain based rewards platform for,publishers in September 2019 in fact the,platform apparently experienced multiple,bugs on its blockchain with some of them,halting the network operation for at,least two days Andrew Levine head of,communications at steam it noted - coin,Telegraph that the company has been,actively working over the past year,despite largely avoiding the spotlight,in 2019 Levine said a lot of people,think we've been standing still for the,past year but we've been working a lot,on our infrastructure including hive,mind mirror and with communities on,Steam it earlier in February tron found,the Sun finally had his charity lunch,with Berkshire Hathaway Chairman and,famous Bitcoin BTC critic Warren Buffett,after a series of delays in 2019