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Justin Sun Details TRON's (TRX) Future - Global Coin Report
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Justin Sun Details TRON’s (TRX) Future

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Justin Sun
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Ever since the blockchain technology became popular, numerous use cases were conceived and conceptualized. Even so, only a few of them made the light of day up to this point. One of them is the blockchain’s potential for bringing decentralization and democratization to the content creation and storage in the modern day.

Blockchain functions as a P2P platform, which means that it offers significantly better methods of creating, storing, and sharing content. This works even better than centralized platforms like Spotify or Netflix, since they provide their users with open networks, instead of charging them fees for even using the platforms in the first place. Additionally, these networks are not governed by third parties, but by their developers themselves.

TRON is a perfect example of one such platform, and its strategy for growth has been extremely successful lately. TRON’s goal has always been to bring decentralization to the internet. That way, the content creators would be in full control of their content, its distribution, and everything else regarding the activities that surround it. In a recent interview, TRON’s creator and CEO, Justin Sun, shared his views on the matter, as well as TRON’s goals, and even the coin’s recent partnership with Japan’s LINE.

The Justin Sun interview

During an interview, Sun stated that TRON became one of the most competitive public chains around the world after celebrating its Independence Day on June 25. He also mentioned that August 30th is when the TRON VM will officially join the MainNet. Right now, TRON is doing extremely well, and its popularity is constantly growing, with over 200,000 active accounts already on the network.

When asked about the company’s plans for making monetary incentives for content creators, Sun stated that getting the content out has always been TRON’s top priority. The creation of a healthy ecosystem where this could be possible was the first step, which is something that TRON already largely achieved by becoming an established major public chain. Once again, Sun brought up the vision of the decentralized web as TRON’s final goal.

When asked about the company’s role in maintaining and managing the network, Sun stated that the entire point has always been to provide the best service, which is something that has not changed. The company aims to provide a safe, fast, and above all — reliable product. This product would be available and usable on mobile and desktop alike, which will provide users with constant access, and best possible service.

He continued to add that Project Atlas takes most of the developers’ focus at the moment, as it is a very big step forward for TRON and its goal of a fairer internet. He also pointed out that the project is collaborating with BitTorrent, which will also help with extending the durability of torrent swarms and even bring additional benefits, like providing seeders with rewards, adding additional resources to the ecosystem of torrents, and alike. Eventually, the project is to revolutionize the way that content is shared and consumed.

Sun then talked about the process of adding TRX to a new exchange, stating that the main concern is that the exchange can provide a reliable and safe experience. Each new addition to the exchange network needs to be user-friendly, provide a mobile experience, and if it is located in a country that is just opening up to cryptos, that’s even better. That way, TRON is available all around the world, which will help with decentralizing the web on a global scale.

He also reflected on TRON Super Representative election, stating that he felt the need to run for an SR in order to make sure that the network will remain safe and reliable at all times.

Finally, Sun stated that TRON’s addition to BITBOX was a huge step forward since Japan and Korea are very important markets that do the majority of work for the tech and crypto industry. Tapping into this market’s potential can only help TRON, as well as its users in these areas, which is why the company is looking forward to further cooperation with BITBOX and LINE alike.

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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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Top 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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