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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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Altcoins

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

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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,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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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…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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