Can crypto traders and enthusiasts suffer from the fatigue of one project being constantly in the news? Perhaps the Tron (TRX) foundation is putting in too much effort to have its platform known in the crypto-verse. The way technology and marketing works are that there needs to be a balance between the product being offered and the marketing strategy. Word of mouth works best. This is when the users and believers of a product or project do the advertising themselves.
In the case of TRON, perhaps the crypto-verse has seen what the team can offer and wants a new, fresh project to switch its attention to.
In comes Zilliqa (ZIL) with the second version of its Testnet that showcases the Scilla programming language and MainNet that is slated for release in Q3 of this year.
Zilliqa (ZIL) has one advantage over the Tron project. Not too many crypto enthusiasts have heard about this new refreshing project. What then will happen as soon as the Mainnet is launched, the concept of sharding in the Zilliqa platform will be confirmed 100%. The current Zilliqa Testnet can handle 2,828 transactions per second with just 6 shards. The entire Tron MainNet currently handles 2,000 tps (transactions per second). This is still high considering that Ethereum’s platform can only handle 25. But Zilliqa is clearly the future of scaling on the blockchain. As more shards are added onto the platform, the tps will grow according to and Zilliqa will outshine the rest.
Secondly, due to the high tps, the Zilliqa platform will be ideal for DApps that are centered on gaming, entertainment, digital advertising as well as finance. This means the Mainnet that proves to be more efficient between that of Tron and Zilliqa, will win over developers.
A third reason that Zilliqa will zoom past Tron in terms of technology, is the new programming language of Scilla that is the core of the ZIL project. The Scilla language has been designed with smart contract safety in mind. The researchers that developed Scilla, are at the top of their game in academia. This means they have studied the smart contract ecosystem and know all the loopholes and hurdles. It is like asking an aeronautical engineer to put together a Formula One Racecar. S/he knows the ins and outs of aerodynamics. The team at Zilliqa specialize in smart contracts 100%.
In a nutshell, the second quarter of 2018 will prove to be an exciting one as both Tron and Zilliqa will have functioning Mainnets. This means that both blockchain platforms will stand the test that is the developer and blockchain community. These two communities will decide on which platform to use for their projects. Zilliqa already has a head start by showcasing a higher throughput in transactions. Tron might hold the edge right now for having released its Mainnet earlier. But time will tell as to which platform will be victorious.
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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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Here’s Why This Coin Still Has Wings (WINGS)
WINGS, a decentralized crowdfunding platform based on the Ethereum blockchain, has had a great run over the past two months. Culminating in a peak of US $.23 just a few days ago, the currency behind the product has more than doubled since it’s lows of early September.
Despite the slight downturn WINGS is currently experiencing, this crypto-favorite may not be done running up the green candles on your favorite exchange just yet. A small drop like we had today was actually expected and could be considered healthy by long-term investors. These dips are also appreciated by those of us waiting to get in on a project we feel has real potential. WINGS has shown us that potential and is now presenting a great buying opportunity for speculators and traders looking for the next wave of support to lift this coin into the stratosphere.
What is WINGS?
WINGS was created to nurture project proposals via the Decentralized Autonomous Organization (DAO) model. Using blockchain networks and smart contracts, the platform allows the WINGS community to promote proposals with the greatest chance of positive returns. WINGS, in essence, is a decentralized forecasting ecosystem, where token holders are given an incentive to make choices concerning projects on the platform.
The DAO is a popular concept for crypto-projects that want to remain entirely on the web. Using the peer-to-peer technology of blockchain and smart contracts to enforce the rules of participation is…
6 Blockchain Predictions For 2019
As 2018 moves closer towards its end, investors, developers, and tech enthusiasts are starting to turn their gaze towards the future. 2019 is less than two months away, and it promises new breakthroughs and large changes. This is especially true when it comes to blockchain technology.
While 2018 was an important year for this technology’s development, many are wondering what awaits us in the near future. Because of this, we have created a list of 6 predictions regarding the blockchain, as well as what might happen to it in 2019. Let’s begin.
1. Search for new and better business use cases
Blockchain technology is wrongly seen by many as a magical way to resolve all issues that we struggle with today. However, while it is true that blockchain can help with a lot of them, there are still numerous other problems that are better suited to be solved by alternative technologies. Robotics, AI, and similar technologies are not to be discarded in blind faith in the blockchain.
Researchers and developers have recognized this, which is why 2019 will be dedicated to finding specific use cases for blockchain technology. Blockchain will be used in situations where it can have the strongest positive impact. In other words, the goal is not to find places where this tech can fit, but to find places where it is the best fit.
2. Fixing blockchain industry’s image
For a lot of people, blockchain…
TRON DEX Goes Crazy, TRX Founder Asks For More Projects
Less than a week ago, TRON (TRX) community uncovered a new DEX (decentralized exchange) on Tronscan.org. Since TRON community is among the strongest and most supportive communities to ever support a coin, trading activity on this DEX quickly skyrocketed.
So much so, in fact, that TRON’s founder, Justin Sun, felt that he should share this fact on his Twitter account.
— Justin Sun (@justinsuntron) November 13, 2018
TRON DEX sees massive growth in activity
Since Sun shares a lot of traits with TRX community, such as tirelessness and fascination with this project, he was quick to urge the community to come up with additional tokens and projects.
While Sun’s statement that the activity on the DEX is “going crazy” is pretty accurate, many do not realize just how accurate this is. It should be pointed out that the number of tokens on the exchange was 3 on November 10th, when the DEX was originally uncovered. Today, on November 13th, the number of available tokens has doubled.
In addition, 4 out of 6 trading pairs offered on the exchange have experienced significant gains, with the remaining two experiencing only slight drops. The growth was experienced by Dice/TRX (146%), TronWatchMarket/TRX (8.27%), WIN/TRX (89%), and SEED/TRX (1.73%). The drop was experienced…
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