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Tron (TRX) opens BitTorrent for crypto projects and services advertisement

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Are you thinking of advertising your crypto project? It seems like BitTorrent, Inc. – the most common communication protocol for sizeable peer-to-peer file sharing, is the real deal. Today, the Tron (TRX)-acquired p2p company has opened advertisement network for crypto firms on their product.

How is It a Good News?

BitTorrent connects with over 100M users whereby it is stated that there are 170M active monthly users and 45M users who are active on a daily basis. Therefore, the announcement is music to the ears of the leading crypto advertisers as it provides them with the best opportunity to target as well as reach the internet’s valuable audiences.

Besides, the crypto advertisers will be exposed to a young, educated as well as the tech-savvy audience. The age bracket for this kind of audience is between 18-24 years, who are now internet-bond and won’t be reached if a traditional marketing channel was used. Perhaps, it looks like a win-win scenario for the well-established companies.

Interested crypto advertisers can get to know more on this URL: bitmedianetwork.com/crypto/

The founder of TRON as well as CEO of BitTorrent now, Justin Sun, said that there is a stronger engagement that is growing on the supply of premium display as well as video placements – all thanks to the release of uTorrent Web.

Also, Sun hopes that when the well-established crypto businesses think of making their projects public, they will include Bit Torrent in the strategy they employ for advertising. The main plan of the company is to work with the leading crypto businesses with a track record and ensure there is a positive brand alignment.

About TRON (TRX)’s acquired BitTorrent

BitTorrent is a leading P2P sharing company that has offered in-stream video advertising as well as the brand safe display for years now. After the announcement, it will now allow those selected crypto advertisers to start their campaigns and reach the global audience in a blink.

BitTorrent allows the users to send large files over the internet via its peer-to-peer protocol, and hence third-party content providers can connect with users all through an entourage of distributed technologies which scale efficiently.

There are hundreds of millions of devices installed with the BitTorrent’s mobile and desktop products across over 138 countries globally. As of now, not just for Tron (TRX), everything looks positive for the leading crypto advertisers as they have a global reach on merely an unprecedented scale. Are you looking to advertise? Perhaps, you have the platform already – BitTorrent.

For the global insights every crypto trader must have, apply for Elite membership!

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 mohamed_hassan/Pixabay

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Australia progressively develops a crypto scheme

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Cryptocurrency and the Bitcoin first entered our vocabulary in 2009. It has been 10 years and up to now many people recognize this terminology, however, it is not really used for payment. Despite it is slow progression worldwide, Australia is a growing market for it. Gambling and online casino is also strongly developing in Australia and it is using more digital exchanges. According to various statistics – online casino Australia is a widely researched topic and surely is attracting more and more people along with cryptocurrencies. There had been some changes in taxation and cash payments, so it is very likely that Australians will go digital and buy cryptocurrency very soon.

Australia has legalised cryptocurrency since 2017 with the support of the government. They have to be treated as property and subject to Capital Gains Tax(CGT). The change in tax law surely demonstrated how Australia is progressing towards digital.

In 2018, new cryptocurrency exchange regulations came into place and it got more complex. The new rules required exchanges to be registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) in order to prevent deceptive activity.

Australia looks ready to include Initial Coin Offerings (ICOs). They are cryptocurrency’s way of community funding, which came into public back in 2014. Although it has been banned in China and criticized By the Us, Australia keeps being open to new possibilities…

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Behold The Cryptopreneurs – Overcoming The Obstacles Facing The Blockchain Industry

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Integrating blockchain technology is fast becoming a necessity for enterprise ventures and small or large businesses, but with a growing number of choices in the tech revolution, it’s difficult to pick a direction without feeling overwhelmed or taken advantage of. This is where BEHOLD THE CRYPTOPRENEURS comes in.

Private keys, the myth of anonymity, and the battle against anarchist ideology are only a few of the difficult challenges faced by businesses that want to incorporate blockchain into their culture. Author Dennis H. Lewis guides the reader through those challenges and helps them discover the true potential of investing in this new economic paradigm.

Every business has pain points that must be overcome in order to branch out and thrive in an ever-changing commercial environment. Blockchain has real world solutions and cryptopreneurs are not limited to the cryptocurrencies they invest in but rather how they seize economic and technological opportunities to make it work for them.

Innovation, trust, and solutions can differentiate your business from all the noise, but without a solid marketing plan, a cryptopreneur can have the best idea and never get far. Remember: a million great ideas times zero market presence equals zero success.

Investors want to know there is public interest and enthusiasm in a project before they commit any money to it. As a cryptopreneur, you are tasked with generating that interest from the…

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Can Sharding Fix the Limitations of Blockchain or is the Network Doomed?

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Performance and scalability issues have bottlenecked the future development and real-life application of popular mainchains, such as Bitcoin and Ethereum. Many methods have been employed to solve this problem, but all of them have their own pros and cons.

The Impossible Trinity – safety, decentralization and scalability, coined by the blockchain world, bars the way to the future and the industry has fought hard to figure out an optimized solution. Sharding, proposed by Ethereum, has been viewed as one such candidate.

What is sharding?

Sharding technology splits a network into smaller partitions called shards, which contain an independent state and transaction history. The idea behind this is to divide a huge amount of workload into smaller pieces to make life easier for every participating node.

If sharding were to be adopted, each node will only need to keep a part of the network’s information, instead of downloading the whole ledger, which can lead to a large data file. Subsets of nodes grouped into one shard will only process transactions specific to that shard. By doing this, the network will be able to process many transactions in parallel, and the performance will continue to increase with more nodes joining in, thus making the network highly scalable.

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