Blockchain Progress News & Updates

A great Day for TRON! Huge Partnership announced

A #blockchain startup aiming to decentralized the internet is shaking hands with the field’s most #prominent #player. But does it matter?

#Tron Foundation revealed in its latest tweet that it would be working closely with #Baidu, a China-based internet #giant, to use their cloud solutions. Far from what seems like an official and detailed press #release, today’s #announcement nevertheless confirmed to Tron’s October 12 teaser in which it admitted #partnering with a #giant whose valuation was worth billions of dollars.

But to many who responded after #Baidu’s name came to the limelight, the Tron #partnership with the internet #giant was no less an equivalent of, as a tweet quoted, “a sleeper’s partnership with his #pillow.”

The Anatomy of a Tweet

#Tron has stylized its tweet to create a right balance of hype and information. #Readers might get mistaken from the #first look that Tron is working as an equal – a blockchain innovator – with #Baidu, perhaps on a decentralized #cloud computing solution the latter wants to develop and launch anytime soon.

But a more in-depth #look into the jumble of a tweet could prove that Tron is easily a #customer of a cloud computing #service that Baidu offers – nothing more, nothing less for now. The #blockchain startup aims to build its #Wave Field Tron system on Baidu cloud – simple.

TRON Foundation

@Tronfoundation

is joining forces with Internet service giant Baidu and will continue to work with large cloud service providers to offer blockchain solutions, make the technology more accessible for users and small business alike. End goal: mass adoption of .

Moreover, the attached #image showcases an uncopiable-to-Google-Translate #Chinese text which could be easily misinterpreted by the #international media thanks to the fancy, subtitles-like #English text below. The words like “joining #forces,” “work with […] to offer blockchain solutions,” and “mass #adoption” end up looking like #jargons in what clearly seems like a politically correct yet #misleading announcement.

The translation is as following:

“Baidu #Cloud service is cooperating with Tron’s Wave Field technology in #basic cloud #business field. Therefore, the #Wave Field Tron will be built on Baidu Cloud. Both the# parties have not reached any partnership on a #business level, but the current partnership will be only focusing on the s#ale and the purchase of #basic cloud computing resources.”

The #translation went on about how Baidu is developing a blockchai#commercialization architecture with the commercial #superpartners to carry out technology exploration, revenue #sharing, and build a blockchain ecosystem of #cooperation. Meanwhile, the dots between Tron’s #blockchain and Baidu’s cloud computing #project were challenging to connect.

#Tron price went up over 2 percent against the dollar after the Tron’s #CEO #Justin #Sun’s announcement went live on #Twitter. It is now #trendline sideways around the intraday high #established near 0.0255-fiat.

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