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EOS (EOS): Ethereum’s Competition




EOS seems to be doing pretty well even though lots of big currencies out there are dizzily dropping. From being launched less than a year ago, this coin is said to be progressing pretty rapidly, already ranked the 9th coin on the global coin ranking list. This case poses the question: Is it possible for EOS to “take down” Ethereum in the following months?

What is EOS all about?

When talking about EOS, it is probably the easiest to compare it to Ethereum. This digital coin functions similarly to one of the biggest decentralized networks in the market, which is perhaps the reason why this coin is getting so much for its popularity.

Just like ETH, the main Ethereum’s currency has Ethereum as its parental platform, EOS has is a decentralized platform based on blockchain technology with the ability to host multiple different applications that can be easily uploaded by developers who are also EOS token holders. The platform enables fast transactions with full encryption and with a warranty that all transactions are made to be safe, secure and without having third parties earning on the transactions that members of are making. The idea behind this platform is to create a patchwork that can be programmed.

What is probably the most interesting thing with EOS is the EOS.IO blockchain software that developers behind this platform are working on. The initial software should improve the network and make it even easier to use, offering a user-friendly experience. The system is intended to improve the bandwidth of the network, which means faster CPU, storage, RAM, enabled voting and enabling multiple block creators to easily change and improve the system software.

This should result in faster transactions and overall faster operations within the network, as well as the ability to vote in favor of or against the changes being announced. and EOS.IO

Another thing that most possibly influenced the rapid progress of this coin is probably the recent meet up of Korea’s EOS.IO and platform. Korea holds the 5th place in the world as one of the best countries with most advanced knowledge in Information and Communication Technologies, so it is no wonder that EOS is progressing at the current pace given the fact that they have plans for implementing some very flattering solutions.

The main idea behind this meet up is to have new companies and industries joining the network of EOS as well as implementing another token of value that would be accepted as well as EOS within decentralized platform. Some of the solutions intended for implementation lie in scalability and flexibility of this decentralized platform as well as adding Richard Jung as a leader in Korea’s community of developers.

If everything goes well with the new systems and protocols being implemented, it is expected that EOS will most likely have another series of massive increases in the following months.

EOS set to take down Ethereum?

Many people are speculating that a platform like with EOS as its main token of value could easily take down Ethereum. Can this case scenario be true?

Most probably, yes. Given the fact that EOS is being traded at 9$ per one coin while Ethereum costs nearly 100 times more per one unit against the dollar, investors are more likely to be focused on buying EOS rather than investing in Ethereum. This is a perfectly normal scenario – let’s imagine that you walk into a store and see two jackets: now the jackets may be a bit different in color, but they are made out of the same material and in the same way. There is one difference though: one of the jackets costs 9$ while the other costs 800$. Which jacket do you buy?

The answer would probably be redundant.

Now that EOS is rapidly progressing with reaching the price of 8.73$ even after a decrease that went up to -6% against the dollar, Ethereum seems to be “threatened” by another similar platform that does the same work – only at an improved pace.

It is said that EOS is now even having faster transactions that can be easily done in no more than 1 to 10 ms of runtime, which probably adds to its value.

With its current state, EOS with its platform is enjoying the perks of being listed at 9th spot of the global coin ranking list, now being side by side with big coins.

What to Expect from EOS in 2018?

If we take into consideration that EOS has managed to make exceptional progress in only a couple of months of its lifetime, this digital coin is already carrying a promise to become one of the top coins on the market, and not just a top ten coin on the list.

If you add the fact that Ethereum is falling to despair with constant decrease that has made this coin drop for over 400$ per one coin, which is a pretty tough loss, EOS can easily take Ethereum’s place by the end of the year. This would be the case only in case would perform flawlessly, that way inviting new investors and making old investors stick around without selling off the coins.

The way things are working for EOS now, tells us that this digital coin is on the road to increase its trading volume, also increasing the price per one coin possibly to 20$ by the end of March. This would be the case only in a scenario where this token wouldn’t be experiencing massive and often decreases. All in all, it seems that 2018 is going to be more than favorable for EOS.

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.

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How Can Foreigners Get Loans in Singapore



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




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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CoinFlip Scores Big with BRD Wallet Partnership




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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