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Here Is Why IOSToken (IOST) Will Not Disappoint Moving Forward

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The crypto-markets have been relatively stable the entire week with many traders happy that Bitcoin (BTC) has maintained levels of between $7,500 and $7,600. The King of Crypto is currently valued at $7,670 and up 0.39% in 24 hours. Ethereum (ETH) is also enjoying a steady level of above $600 and is currently trading at $607.

Further down on the list of cryptocurrencies, is a gem of a token known as IOSToken (IOST). The token is currently ranked 51 in terms of market capitalization for its market cap is at $340.3 Million. The IOST token is not minable with a total supply of 21 Billion with a circulating supply of 8.4 Billion.

But enough with numbers and values, let us get to the nitty gritty as to why IOST will not disappoint as we move into the second half of 2018.

To begin with, IOST is a project that aims at building a secure and scalable blockchain for smart services. It wants to be the choice platform for decentralized apps by attracting developers to its platform. The project aims at ‘turbocharging’ sharding by making the shards sufficiently large and strongly bias-resistant via a combination of a client-server randomness scavenging mechanism and leader election via cryptographic sortition.

This means that IOST will be battling it out with Zilliqa when it comes to designing the better platform that uses sharding. IOST looks like it has the upper hand for it is enhancing sharding to another level.

The continue to the second reason why IOST will not disappoint, the token and the project has its roots in China. It has since expanded to San Francisco and Singapore. One thing to remember is that the President of China, Xi Jinping, was recently quoted as saying that blockchain technology is the future. This might be interpreted that the country is now ready to embrace blockchain and cryptocurrencies in a manner which the state will control. This means that the projects of ISOT and TRON might benefit from this new stance for they are from China. President Jinping had this to say about blockchain technology:

“A new generation of technology represented by artificial intelligence, quantum information, mobile communications, internet of things and blockchain is accelerating breakthrough applications.”

Thirdly, is the performance of the token in the crypto-markets. Current market analysis indicates that IOSToken (IOST) is currently trading at $0.04 and up 2.86% in the last 24 hours. The token had recently peaked earlier on in the month of May to reach levels of $0.076. This is evidence that the token is headed to greater heights once the team announces the release date of the MainNet this year.

In summary, the IOSToken and project are one to surely look out for as we glide into the second half of 2018. All fingers are crossed that the general crypto market will recover in June, and with it, our favorite tokens such as IOST will also reach greater heights.

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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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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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