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Tron (TRX) attains support on secure multi-blockchain app GetScatter

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Tron
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Tron has been making significant progress in the past couple of months. The blockchain has exceeded 1 million daily transactions within 131 days. It is a substantial stride that Tron has achieved so far, making it better than Ethereum blockchain network (shows it scalability capability).

Tron hasn’t stopped here as its CEO, Justin Sun, tweeted a few hours ago that GetScatter, a secure multi-blockchain signature, identity, and reputation desktop app, now supports TRX on its platform.

So, this means, Scatter Desktop application now supports Tron’s MainNet. It is important to note that users now have the opportunity to import their TRX private key into Scatter. They can also use Scatter to log-in and be conversant with Tron Dapps. The message that Sun left on Twitter reads:

“#TRX is now supported by GetScatter, a secure multi-blockchain signature, identity, and reputation application. #TRON $TRX.

Before launching support for TRX, Scatter has proved to be a sweetheart for EOS users. The wallet is known to be the first supporting EOS and probably due to that fact, it is the most used wallet in the EOS community today because of the exceptional reputation it has gained so far.

Exploring more about Scatter, with it, users have the opportunity to sign blockchain transactions within minutes without facing any problems. Scatter also warns its users about the applications that are bound to leak data.

Scatter also offers Single Sign-on (SSO) using asymmetric encryption for users to log into different applications without the use of a passkey as that prevents hackers from having easy access to account information and a whole lots more. For developers, GetScatter’s SDKs are very easy to use and developers can use them.

Now, with Tron supported on GetScatter, it is possible to send TRX as easy as possible.

Tron, on the other hand, has attracted lots of companies today. Its partnerships with different companies have been due to its liquidity and futuristic goals. Also, Tron is a platform that is highly decentralized (and wants to decentralize the whole web).

The blockchain itself aims to change the outlook of digital contents in the web today, to layoff middlemen such as YouTube, Facebook, Apple Store, and so on. In simple words, it is a platform that allows content producers to get payments directly when viewers view their contents. Without no doubts, its coin, TRX, is becoming a force to reckon with as it is becoming known to more and more people every day.

Overall, the addition of Tron to Scatter application is an excellent choice so that users can transfer and make use of TRX on-the-go. Undoubtedly, good news for the TRX community.

Some Recent Tron Achievements

Tron has genuinely been making good efforts right from the day it kicked-off; as stated earlier, Sun-led blockchain recently exceeded the 1 million daily transactions on its network. According to its weekly report submitted by Justin Sun, the blockchain recent joined Huoxin community to expand Tron’s ecosystem and gained more members.

Additionally, ever since the blockchain has supported the efficiency of Smart Contracts, it is essential to know that Smart Contracts were initiated more than 12 million times in just 14 days on Tron’s network. According to the weekly report again, Tron’s next aim is to reach a landmark of 50 million Smart Contract triggers before the year closes.

With all these strides, Tron is surely making waves in the crypto-sphere and possibly, it might hit the zenith very soon.

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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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Altcoins

Reasons To Invest In Electroneum In 2019

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2018 has been quite a rollercoaster for the crypto space. Coins went up and down more times than anyone could have guessed, not to mention two massive market crashes. However, in a few short weeks, the year will be over, and a new, positive period for the crypto world is expected to arrive.

While there are many predictions for 2019, today we are only interested in one thing — Electroneum (ETN). A lot of people quickly took notice of this coin, and many believe that it is among the coins of the future. Indeed, it has received a lot of attention, and many are interested in why that is, and why investing in it is a good idea. So, let’s take a look at a few reasons why you should invest in ETN in 2019.

1) It is fast

Speed and precision of any service have always been very important to people. This importance is even greater when making a profit depends on it. Electroneum developers were aware of this when they created it, and the coin is up to 5 times faster than Bitcoin. This means that ETN transactions can be confirmed much faster, which in turn reduces fees and waiting time.

Furthermore, there are also plans to create Electroneum Virtual Currency Exchange, which will allow the project to act as an exchange. However, the even…

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Bitcoin

SEC Postpones Bitcoin ETF Decision Once Again

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The new announcement by the US SEC (Securities and Exchange Commission) states that the decision regarding the potential approval of several applications for a Bitcoin ETF (exchange-traded funds) is once again postponed. This time, the SEC declared that the decision will be made by February 27th, 2019.

The application requesting that VanExk SolidX BTC fund get s listed on Cboe BZx Exchange that was published on July 2nd needs to be given order by the commission within 180 days. Originally, the deadline for doing so was December 29th. However, the SEC decided to extend the period for another 60 days, effectively moving it to February 27th.

The SEC stated that designating a longer period for making a decision was found appropriate, as more time is needed in order to properly consider the rule change.

Cryptocurrencies need a sufficient monitoring mechanism, claims SEC chairman

Recent reports claim that the SEC received over 1,600 comments after requesting the public opinion regarding the ETF applications issue. In the past, the SEC rejected many such applications, some of which were even submitted by SolidX itself. In addition, they also rejected the applications submitted by Gemini, the exchange owned by Winklevoss twins. Brothers were attempting to gain ETF approval ever since 2013, although to no avail.

Other applications were also submitted by Direxion, ProShares, as well as GraniteShares. The SEC rejected them…

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Blogs

TRON (TRX) Back In The Crypto Top 10

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For three weeks now, the crypto market was in a free fall. There was one moment when it seemed like the coins are finally bouncing back, and Bitcoin managed to climb back to $4,200. However, this uptrend was only temporary, and the coins dropped once again as December started.

Not a lot of coins are doing well these days, and almost every single one is trading in the red. Bitcoin is currently priced at $3,864, and the total market cap of the crypto space is barely over $123 billion. As expected by many, the bearish trend is still active, and seemingly at full strength. However, there are a few coins in the vast crypto space that are actually managing to grow in these unfriendly conditions, with the most notable one being TRON.

TRON on the rise

At the time of writing, TRON is also trading in the red. Although, only hours ago, this was not the case. Even now, TRX is losing only around 0.50% of its value, while all other coins around it are dropping by 4-5% on average.

TRON’s increase, while it lasted, was not big. However, considering the current state of the market, it was easily enough for the coin to make a big step, and actually improve its position on the list of largest cryptos. After months of waiting at the 11th spot,…

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