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4 reasons to get on Tron (TRX) ride before the Main Net goes live

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Tron TRX
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The Tron Main Net is just about to go online on coming May 31st. It’s only three days away from now and chances are it’s going to be one of the year’s main events in the cryptocurrency community.

It’s a huge deal. Tron will become independent from Ethereum’s blockchain and go on its own. Remember that Justin Sun‘s (Tron’s founder and CEO) vision is not just about a successful crypto coin. He wants to create a web that is fully decentralized in which content creators do not need to rely on corporations or central authorities to monetize their work. It’s ambitious on an epic scale, but Mr. Sun’s previous successes make us think that he could just pull it off, given enough time.

As Tron’s new Main Net comes live it will be a full platform to create decentralized applications. An operating system working on a new, independent blockchain. It can support lots of apps, transactions times will be very short, transaction fees will be ridiculously cheap. As Tron leaves behind Ethereum and the ERC-20 blockchain, possibilities will expand incredibly.

The Main Net is not online yet. So you’re still in time. Let me give you four very good reasons to get involved with Tron and Tronix (TRX) before the Main Nets goes online and changes the game for everybody!

1. Transaction costs

Within the new Main Net transactions will be so cheap that you will have a hard time telling the difference between their fees and free transfers. No, seriously. It will cost 0.00005 USD per transaction.

Let’s be even clearer: one penny will get you two hundred thousand transactions in Tron’s new Main Net. Compare this with how much it costs to do business in Bitcoin or Ethereum (from one to five USD per transaction). This feature alone will make Tron a more attractive option than Ethereum.

2. Speed in transactions equals the volume

Ethereum has been very criticized because it lacks scalability. Tron’s new blockchain will solve that bigtime. Tron’s new net will handle more than a thousand transactions per second (not impressed? Bitcoin can handle only one every ten minutes!). This kind of speed will allow bringing volume around.

As Tron goes away from Ethereum it will become unleashed (from 25 TPS to 10,000 TPS). This will attract the attention of potential partners who are looking to use the blockchain technology to do things faster, cheaper and more reliable.

3. Custom smart contract support

Tron’s new Main Net will include support for smart contracts, and it doesn’t even need a custom programming language as EOS, Ethereum or Stellar. Java does the trick. This opens up the field for developers that don’t need specialization in crypto stuff. Java is as a standard a programming language as you can get. These contracts will be easy to develop, they will be highly scalable, fast, lightweight and fully decentralized.

Tron knows what it is doing. They already have several decentralized apps ready to be deployed as soon as the Main Net goes live. And once the world sees what the Tron Net can do, the number of apps can only go up.

4. Integration

Tron’s new blockchain will go live, it will be fully autonomous and then Tron will be able to run apps and issue tokens for its partners. This will make the crypto community and outsiders confident in Tron’s technology (Mr. Sun’s charismatic leadership and close association with Alibaba‘s Jack Ma won’t hurt either). Once each Tron’s partner has its app running in full over Tron’s new main net things can only explode. It will bring new users and developers, trading volumes will go up and customers will erupt like if nothing.

As neutral observers watch Tron’s success and the things it’s doing for its partners, they will want to join in.

So are you thinking about investing in Tron’s TRX? What are you waiting for? The last week wasn’t great for any digital coins at all, but the thing is, Tron is still cheap. You can get it in volume and then just sit back and see how it increases in value. This is the time and we sincerely think you will not regret it.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pxhere.com

Blogs

What Changes May the Crypto Space Experience in 2019

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crypto
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After the crypto hype of 2017, a lot of newly-arrived crypto enthusiasts were caught off-guard by the price crash and bear market that took over in 2018. One month after another, investors were waiting for things to change, and for another bull run to take place. Unfortunately, this did not happen in 2018, and while the year’s final days were seemingly stable, the rally everyone wanted to see has failed to arrive.

However, crypto investors remain optimistic, with many of them hoping to see some changes arrive in 2019. There are rather great expectations of this year, especially since the last one failed to deliver. However, many are interested in what exactly is to be expected in this year, which is what we will talk about today.

Bitcoin ETF approval

The US SEC’s decision regarding Bitcoin ETFs was one of the most anticipated events throughout 2018. Sadly, the decision constantly got delayed, and the SEC never actually provided an answer. The last delay has pushed the decision into 2019, and it is now expected to arrive on February 27.

Historically, the SEC was never ready to approve Bitcoin ETF, and many believe that the delays came due to the fact that the market was not ready for then in 2018. This is backed by the fact that the SEC rejected multiple application throughout the year. VanEck and SolidX…

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Blogs

Reasons Why 2019 May Be A Great Year For Crypto

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crypto
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The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.

The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.

With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.

1) Bearish market to loosen its grip

The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…

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Blogs

3 Coins with the Largest Potential in 2019

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coins
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2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.

Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.

  1. Bitcoin (BTC)

Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.

One thing that is expected is the approval of Bitcoin ETFs…

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