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Justin Sun Details TRON’s (TRX) Future

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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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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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Altcoins

TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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Altcoins

IOTA (MIOTA) Pending Update Might Bring Huge Gains in Days to Come

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IOTA
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The crypto space is erupting once again, and if popular predictions are correct — the growth is only starting. However, in the vast sea of altcoins that hold the massive potential to go big in the future, we would like to set IOTA aside as one of the coins that might blow up quite soon.

As always, there are no guarantees of this, as the crypto space still lacks regulations, and remains highly volatile. To see proof of this, all you need to do is look at Bitcoin, which goes up by $1,000 within a day, only to slowly drop by $700 in the following week, and then repeat the process. In other words, there is still a lot of uncertainty regarding any project, and that includes IOTA.

However, even with all of that in mind, many are quite optimistic about this particular project, especially after a recent announcement. The announcement in question indicates that IOTA is about to see a massive upgrade. In most cases, this would be more than enough of a reason to expect the coin to start performing better. But, in IOTA’s case, this is nearly a guarantee that it will.

The update is believed to carry a lot of fixes for a lot of problems that traders and investors have been reporting for a while. No crypto is perfect, and since IOTA is…

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