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Can TRON (TRX) Soon Outshine Ethereum?

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Tron

The recent announcement by TRON’s (TRX) founder, Justin Sun, states that TRON MainNet already has over 100K registered accounts. Sun believes that even more of them will come soon due to TRON Virtual Machine.

TRON MainNet hits 100,000 users

There is no denying that TRON (TRX) has made incredible progress this year, even though 2018 so far has been one of the least crypto-friendly years in the last decade. TRON did not allow this to distract it, and has had too many achievements to count, most of which came in the last three months.

Instead, the altcoin is getting stronger and more resistant to negative market development. Not only that, but Justin Sun’s countless Twitter announcements have led to increases in this coin’s popularity as well. More and more people are discovering TRON, learning about it, and joining its already incredibly huge community

https://twitter.com/justinsuntron/status/1024947109617840128.

In fact, even though TRON launched its MainNet only two months ago, Justin Sun claims that it already has over 100,000 registered accounts. The soon-to-come TRON Virtual Machine (TVM) is expected to attract many more users, and Sun seems to be sure that TRON’s new Project Atlas will see that number eventually spike up to 100 million. Additionally, the block height of TRON has reached 1100078, with an official number of online nodes being 368.

With a situation like this, a lot of TRX enthusiasts have started wondering if TRON may be on its way to outshine Ethereum (ETH) like Sun promised.

TRON (TRX) before and after the MainNet launch

As mentioned, this was a big year for TRON, and a lot of changes happened in its ecosystem. Before its MainNet went live on June 25, TRON was still on Ethereum’s network and has used its ERC-20 token standard. Many believed that TRON will turn on Ethereum as soon as it got the opportunity to leave its network and that it would become its main contender.

Even back then, TRON’s dApp users exceeded 100 million, and it was largely believed that TRON will grow even stronger once it gets on its own blockchain.

Then, the MainNet was launched, and it was not followed by a period of stagnation. Instead, Sun’s team continued further development, bringing more and more partners, new products, and of course, TRON kept on its mission to close the gap between it and ETH. Generally speaking, TRON never abandoned the goal of becoming a better platform.

On several occasions, it launched bug bounty programs and rewarded its community for every contribution that they made. Additionally, it made a few steps toward expanding into everyday use by entering partnerships with a garage in the UK, as well as a taxi service in Spain.

One of its largest applications was also seen not too long ago when TRON made headlines for partnering up with Pornhub, which accepted it as a valid payment option. Finally, one of the most recent events was Justin Sun’s purchase of BitTorrent, and the announcement of the secret project. While fans of the coin were left to speculate what the project was about for several weeks at first, the project’s official reveal also arrived only days ago.

Sun stated that the project will involve merging of BitTorrent with TRON, which is expected to bring even more users, and help TRON go up to 80 times faster than ETH. It also allowed TRX to become the largest decentralized ecosystem today, and that is a major success for this crypto, which, despite everything that it already achieved, still doesn’t show any signs of stopping.

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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.

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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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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip

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 like Bitcoin and Dash, to help protect their assets and hard-earned…

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