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The battle between Ripple and Tron: Who will emerge victoriously?

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Taking a deep look at Tron (TRX) and Ripple (XRP), you will realize that both of them are rivals in the crypto-market today. Recently, Tron (TRX) launched its own MainNet and it got listed in Indonesia’s biggest cryptocurrency exchange platform and as a result of the launch of MainNet, the cryptocurrency is increasingly becoming a threat to other digital currencies including Ethereum.

This is just the icing on the cake, but comparing and taking a bite at each other instead of moving forward might be not in the best interest for the both of them. Nevertheless, if you look at both cryptocurrencies you would discover that they both work to achieve the same goal and that is to get more users to adopt their blockchain technology. For this reason, we are safe to compare these two cryptos and know which of them will attract more investors to their blockchain technology.

Does Ripple (XRP) Have an Edge Over Tron (TRX) Now?

As it stands, Ripple is doing quite well in the market today but it is very difficult to ascertain which of them is better than the other. There haven’t been any public broadcast saying one is better than the other; this is another reason why the comparison of both cryptos need more facts to be added in the study in order to determine which of them, Ripple (XRP) or Tron (TRX) has more hegemony than the other.

To begin with, we are safe to say that Ripple (XRP) is doing very great, due to the fact that it is attaining the goal that has been set by the Ripple Foundation in order to improve the future of their blockchain technology as a well as the main goal of acquiring many users to adopt its blockchain technology.

Furthermore, the Ripple Foundation is more poised in becoming forefront among big financial banks around the world today and this is also the same as Tron. Its major stride this year (so far) is its partnership with Santander, Western Union, and MoneyGram and it is surely a major boost when considering the analysis between these two major cryptos. Indeed, we should not forget that Ripple is the third largest cryptocurrency in the market, too.

Its partnership with Santander paved way for the creation of OpenPay FX which is the first mobile app for cross-border payments. The creation of OpenFX by Santander couldn’t be achieved without the use of Ripple’s blockchain technology. Right now, Santander users in Europe and every part of the world can be able to make cross-border payments to any part of the world much easier. It is essential to know that this application, OpenFX, is secure, fast, and efficient.

And of course, Ripple’s recent alliances with SBI Virtual Currencies exchange and the potential adoption by the Bank of America are worth noting as well.

With these strides, we can easily conclude that Ripple is moving at a faster pace than its counterpart; meanwhile, it constantly surprises the media with exciting news. At the same time, its Ripple Foundation is keeping track in ensuring that it constantly has more user to adopt its technology on a daily basis. Just recently, Brad Garlinghouse, Ripple CEO, hinted many banks would adopt Ripple (XRP) as 2018 ends.

Although there are certain faults on Ripple’s end and that its decentralized system as this is creating more fears among its investors. Besides, there have also been some complaints on Ripple on controlling its currency, XRP, judiciously and the currency is usually being omitted in its protocols such as xCurrent and xVia.

Nevertheless, Ripple Foundation is shrewdly taking care of both Ripple and XRP but it does it in an unusual way employing a different strategy. All in all, we can say Ripple (XRP) stills leads Tron here.

Is Tron Advancing Quicker Than Ripple?

Although Ripple has an edge over Tron in the sense that it was launched much earlier than Tron; but Tron is keeping up with the pace and it is emerging as one of the best digital coins in the world today. Earlier this year, Justin Sun stated his plans (or we can say his dream) to make TRX one of the biggest cryptos in the market, this plan is being actualized daily.

However, the evidence of the plans becoming actualized is in the launch of MainNet, which means that Tron (TRX) doesn’t need the technology of Ethereum to operate anymore. Although, Justin Sun has never come out publically to challenge Ripple or other cryptocurrencies as it seems both Ripple and Tron are working on the goal of introducing as many people as possible to embrace their individual blockchain technology.

Even though Ripple has achieved many strides with major financial institutions all over the world, Tron, on the other hand, has taken much interest In the entertainment industry in making sure that the industry makes use of its blockchain technology for its operations.

Additionally, with the latest achievement in launching its MainNet and a careful thought of designing its cryptocurrency before its initial coin offering has enabled Tron to look like some of Ripple’s features. More than 70 crypto exchanges listing the Tron already is yet another thing that entitles Tron (Tron) for all the fondness.

Nevertheless, with Tron’s strides, it may outdo Ripple in the cryptocurrency market, whereas Coinbase might decide who the leading cryptocurrency is, but they have been many predictions and stakes on who will win. For now, we just need to keep our fingers crossed and see what happens at the end since both cryptocurrencies are achieving great feats every day.

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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

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How Can Foreigners Get Loans in Singapore

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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…

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Altcoins

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

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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,…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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