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Tron (TRX) wants you to join them and support Net Neutrality

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From the very beginning, Tron has been a project with a mission. Just as Ripple’s objective is to make blockchain technology the tool around which all the international payments in the world are settled quickly, cheaply, safely, Tron (TRX) aims to use the blockchain so that the whole of the internet becomes decentralized.

Neutrality means that no single corporation or authority (Comcast, Google, AT&T, Verizon, Telmex, Microsoft, Facebook, and many others) is able to decide whether a packet of information is more important (or urgent) to deliver that some other packet. Your ISP should treat every information packet in a democratic, egalitarian way so that everybody gets the same services, whatever you’re doing with it.

Because of recent lobbying by big corporations in the US Congress, Net Neutrality is in danger these days and that worries Tron (as it should worry you, and everybody else).

Since Tron wants to decentralize the web via blockchain technology, neutrality in the web is a necessary condition. That’s why Tron has taken a public stand in defending net neutrality by donating $10,000.00 to the Donatefornetneutrality.com website.

Tron believes in upholding neutrality. It’s analog to freedom of speech, independence, and freedom in the digital world. It’s under siege by American politicians and Tron is inviting everybody to take a stand on this issue and support the fight for neutrality by donating to that same website.

This is not just about Tron’s ambition to decentralize the web, but it matters for all of us. Keeping neutrality alive is the only way we all have to make sure that the internet remains free and doesn’t become a kind of digital dictatorial regime in which the big corporations in telecom end up deciding everything that happens with every user in the world.

This is a controversial issue, of course. Many internet users think that fast internet connections should be more valuable than slow ones. That high-quality content should have more value. The problem here is, who is going to decide what high-quality is? It won’t be users, universities or scientists. It will be Google, or Youtube, or Facebook, or Microsoft.

The DonateForNetNeutrality website aims to raise $100,000.00 to fund the fight for net neutrality. They currently have $38,328.00, and every donation you make will be doubled by their sponsors. You can even make donations in cryptocurrencies.

The point in this campaign is to overrule the latest FCC ruling that killed net neutrality, only a few months ago. There is a mechanism called “Congressional Review Act” (CRA) which allows reversing previous decisions.

The problem is that time is running out and if this reversal doesn’t happen quickly, it could become permanent. That would make everything much harder to correct in the future. Making this happen will need to get the attention of some key lawmakers who are facing difficult races so that they start listening to their constituents.

  • This is what happens with the money you donate for this cause:
  • Congressmen and women get millions of calls, emails, tweets.
  • It finances crowdfunded billboards, newspaper ads, and online ads.
  • Organize local actions and events.

Keep this in mind: while Tron is not based in the US, the organization understands that lack of neutrality is going to affect every internet user around the world and, especially, the crypto verse in which decentralization and democracy are core values. Tron’s heart is in the right place. Let’s try and follow suit.

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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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Ripple director: Banks tapping into Ripplenet to form a network to ditch SWIFT

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Director at Ripple, Susan Athey was spotted giving a presentation to the audience in a video that gone viral yesterday (but it was recorded in early Octobober, last month). In the video, she claimed that banks are tapping into the Ripplenet to form their very own network. The senior executive of Ripple affirmed that banks are doing so to ditch the obsolete SWIFT system.

As per Susan Athey, less-established countries feel disadvantage while using SWIFT since only a handful of large US institutions are responsible for everything. She also shed some light on the facts that messages on SWIFT do not work well alongside it being a slow network.

Big groups from Asia, the Middle East, and Japan have joined RippleNet already. In Susan opinion, that hints smaller countries are the earlier adopters of Ripple blockchain.

Regarding the future of currency, Ripple aims at eliminating the need of ‘hub’ for payments. If you go and book an air-ticket through a hub, you’d more likely be purchasing the ticket at a higher price. Also, if an airline has a monopoly over a hub, it can control that for its benefits.

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XRP turns green as it secures listing on new crypto exchange Shardax

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An exciting new crypto exchange Shardax, which is built to be user-friendly, fast and secure one, announced to list Ripple’s XRP just recently. And all the major cryptocurrencies, including Bitcoin, are still trading in red, XRP is up by 2.34% at the press time.

Since the emergence of cryptocurrency and blockchain technology, crypto trading has been one of the most profitable investment options for many individuals who have an eye for emerging technology. However, considering the crypto market’s high volatility, unregulated and decentralized nature, the risks of fraud and complex technology make it problematic for new merchants and investors to venture into the industry.

Luckily, Shardax as a cryptocurrency exchange provides an alternative for investors and merchants who do not have the technical know-how or business acumen to run their due diligence on virtual currency ventures. And now the very same exciting new exchange has announced the listing of XRP.

What is Shardax Exchange? Why XRP listing on it is worth noting?

Shardax crypto exchange was launched in the third quarter of 2018, created to combine the dominance of top-tier cryptocurrency exchanges, with the capability to profit from…

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Decentralized Tron exchange hits 100m TRX trading volume, Sun eyes 500m

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The Tron community is undoubtedly taking every step possible in making sure that it does the best in the crypto world and takes the front seat. The progress TRX is making on a daily basis seems to be paying off well as it is attracting attention and for that reason, the trading activities on its decentralized exchange platform, DEX, are booming.

Tron (TRX) beats 100 million trading volume today

It has been merely a few days or so ago since DEX was discovered on Tronscan.org by Tron but the activities are ‘going crazy’ according to the blockchain firm’s founder and CEO Justin Sun. Initially, Tronscan.org DEX recorded around 25,513,713 TRX which only doubled in a day to about 57,957,467 TRX.

At that rate of increment, earlier today, it was noted today that it had reached 94 million TRX and Justin Sun seemed to be pretty sure that by today they will break the 100 million TRX mark. And guess what that has happened already.

This news…

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