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The strategy under the sleeve that Stellar (XLM) holds for 2018

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At first sight, it looks clear that Stellar designed a plan, very carefully, to attract new potential users for 2018 and even further; and the truth is they are successfully making it.

The plan Stellar XLM has made represents a vast range for the future they’re envisioning; one where if you haven’t invested yet in their coin, you should probably need to reconsider it.

Do you want to see what strategies I am talking about? Let’s take a deeper look below:

Stellar takes advantages of Ethereum deficiencies

Even though the popularity of Ethereum has significantly grown, some of their primary processes are still misfiring, letting the coin stay with some vulnerabilities that somehow Stellar may efficiently resolve.

The major attribute that has created traction for Ethereum has been the smart contract concept; and according to different reports, at least 34,000 out of 1 million contracts downloaded were deficient.

It is like this that Stellar appears on the frame since the ICO of Ethereum seems to be needing a base transfer to a safer platform. And on the other hand, Stellar has one of the most reputed platforms at the moment, with the characteristic of the mega signature on the execution of a smart contract, a must in a 100% foolproof system.

Stellar plans to defeat Ripple in their own ground

The similarities in these two platforms are remarkable, on the one hand, they both offer the same service, cross-border currency transfer, and banking. On the other, both supply their users with a gateway to connect them with their respective Blockchain.

In short, both are fighting for the same user target, and at the end, only one will be the winner; a title XLM plans to obtain by using xRapid, xVia and xCurrent.

Stellar organizes win-win alliances in order to excel their service

Alliances are crucial for cryptocurrencies, and Stellar is in fact, taking advantage of it. The first partnership was with IBM and Deloitte, a delightful common work that allowed the users to be more confident while putting on a bet. Consequently, the American technology company, Stripe, endorsed XLM and decided to support the project widely.

At the same time, in May, Stellar will launch “Stellarport”, an exchange platform that will allow users to access new ICO coins in a real-time matter. It is expected from this, that Stellar may put to function on the platform the technology FairX from IBM, which will make trading transactions way faster.

New Technology deployed on the Stellar network

Stellar XLM is thinking of using Lighting network, a technology that will allow them to be able to manage a massive number of users without compromising the quality of transactions.

It seems like Stellar plans to learn from other’s mistakes, like the case of Bitcoin, that definitely was not prepared for the humongous amount of clients they received. Unlike them, Stellar, knowing that is right on track of making alliances to increase their users base, want to improve already the platform the clients would have to handle.

Stellar applying for a more global market

Stellar plans to expand on a global level, but in this case, they’re thinking of diving into markets unexplored someway. That is the case of the African market, one the most untouched financial environments in the world.

The strategy is to engage with all of the increasing technological population in the region, and all the people who live in the urban zones.

As a result, the company expects to fight firmly with other platforms such as MoneyGram, Western Union, and even the local M-pesa.

Summing up, all of the strategies Stellar is working on, tend to make the lives of the users more straightforward and favorable; and that’s something definitely people are likely to embrace, so as a consequence what we can predict for the future of Stellar XLM, is an incredible success.

We will be updating our subscribers as soon as we know more. For the latest on XLM, sign up below!

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.

Image courtesy of Rick via Flickr

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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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