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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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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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