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

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Tron TRX

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

Altcoins

Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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