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Here Is How Zilliqa (ZIL) Will Zoom Past Tron (TRX)

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Zilliqa
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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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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