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Tron (TRX) attains support on secure multi-blockchain app GetScatter - Global Coin Report
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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.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

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

2019 Will Be a Big Year for Luxcore

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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Bitcoin, Litecoin, Ethereum, and Ripple On the Rise

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The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

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Crypto Market is Not Free from the Bearish Trend Yet

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Investors and traders are still speculating over the bullish trend that shook the market this past seven days. However, amidst the joy of the price hike in the industry, some people are still cautious. A crypto trader with the twitter handle of BTC_Macro is advising other players in his tweet to be careful. According to him, the bearish cryptocurrency market is not over yet.

In the tweet, the user admonished players in the market not to listen to the people saying that the bears have given up. It went further to say that Bitcoin may still plunge uncontrollably anytime even if it breaks the $6K mark. When this occurs the twitter user continues, any scenario may occur. The advice is that players in the crypto market should be on the neutral side. According to the user, it is not safe to be on the bullish side or the bearish side. Instead, players should be on their toes without bias.

How Trader reacts to price movements

Over time, it has become evident that many traders usually go against the market majority during bearish or bullish trends. Well, there is usually some logic backing up the reactions.

It is true that we have seen the longest bearish trend in the history of cryptocurrencies. Everybody who has a stake in the crypto market is expecting the day of the bull’s rise…

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