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IOST, Tron (TRX), and Zilliqa are the top-picks in the third-quarter of 2018

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Excellent and unusual events have occurred in the cryptocurrency market in the early part of this year. Events like the surge and sharp decline in the market with cryptocurrencies such as Tron (TRX) overhauling FUD and also Zilliqa (ZIL) been introduced have astonished lots of investors. It is also important to know that another event that has occurred is the emergence of IOSToken (IOST), an ERC20 coin, which is becoming the greatest answer to the Internet of Service. This project, IOSToken was created on top of the Ethereum Network.

However, these projects or digital-coins are becoming great competitors to Ethereum. For this reason, we would take a detailed look at why IOSToken (IOST), Zilliqa (ZIL), and Tron (TRX) are the top-picks as the third-quarter of the year is right around the corner.

All about IOST

One of the recent events that have hit the crypto-world is the introduction of IOSToken. The digital coin makes use of a technology called the Efficient Distributed Sharding (EDS). EDS helps to develop scalability which distinctively partitions the IOS network into sub-spaces through a sophisticated process. Most of the times, this blockchain is referred to “the scalable network that works.”

Subsequently, lots of investors have embraced the IOST project, and the token has a current market cap of $181,553,400. The main aim of the project is to create a safe and scalable network for smart services. Although the blockchain network has not been implemented fully, when completed, its ecosystem could host lots of services and serve different businesses that have not been feasible.

IOSToken is the main crypto of a decentralized platform known as the Internet of Services. Also, IOSToken is more like an ecosystem that helps enhance the transaction of goods and services. As the clock keeps ticking, this platform is attracting lots of developers to build better services for the enhancement of the blockchain ecosystem.

Finally, IOS itself targets to offer about 100,000 transactions per second, and once it’s actualized, the cryptocurrency will make it the forefront blockchain in the crypto-world.

An abstract look at Tron (TRX) and Zilliqa (ZIL)

Tron (TRX) and Zilliqa (ZIL) are both great projects, but each strives towards different goals. Tron, on the one hand, has its purpose of decentralizing the web via its blockchain, and also to become a topnotch project for Decentralized Apps. Tron has also set its goals in becoming the most secure and steady cryptocurrency and also to reclaim a spot in the top 6 cryptocurrencies in the market.

On the other side, Zilliqa has its own goal, and that is to transform the manner in which smart contracts are written through the use of a programming language known as Scilla. The digital currency also aims to enhance the use of the sharding model to better the way in which trading gets done in the crypto-market.

Reasons why these three cryptocurrencies are the top picks in Q3 of the Year

Scalability issues solved

Ethereum has achieved great strides in the crypto-world today, but Zilliqa, Tron, and IOSToken should be the top choice in the third-quarter of this year. There are some very good reasons to back that. First of all, this is due to the fact that the issue of scalability is still a big problem that Ethereum hasn’t solved.

Due to this big glitch, Zilliqa and IOSToken introduced sharding, which is a way of dividing the mining platforms into simpler shards so that trades can be done similarly. With the IOSToken shards, EDS (Efficient Distributed Sharding) network was introduced which makes the platform resilient.

Native blockchains, Mainnets launched by these platforms

We all know that Tron (TRX) has released its Mainnet, and now even the token migration on all major exchanges is done. On the other hand, Zilliqa will also release its very own MainNet in the third-quarter of the year, September 30th, 2018 is the planned release date.

IOST MainNet is still being constructed (Testnet is live, already) but it is projected that it will come sooner than later. The MainNets developed by all these platforms will be on their feet at the scheduled dates in the third-quarter of the year. Each of the digital coin’s Mainnet completion means more trust, userbase, transaction volume and a better chance of mass adoption – which certainly makes them cool bets.

Small businesses support

Tron, Zilliqa, and IOSToken are excellent platforms that support SMEs. For instance, IOSToken has what we call “Hyper Universe Distributed System” (HUDS) that assist the platform to support different kinds of service providers. On this platform, users can keep their information on different nodes in the network. With this, a small business can monetize and do daily transactions.

Finally, with lots of investors on board on these platforms, there is something distinct about them. Probably, it could be the way in which each of them tries to improve and advance as blockchain turn out to be more conventional regarding the transaction of goods and services – at least all of them boast of scalability to be where they are today.

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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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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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