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Tron (TRX) brewing to boom as its MainNet updated to 3.2 and is in beta now

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Tron
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Tron (TRX) is an ambitious project which aims to own the bragging rights regarding the entertainment industry. To make that a reality, a day hardly ends without great news from Tron foundation which only aims at making sure it moves a step forward to achieving that reality. One thing they are aware of is that they must do better than their competitors.

Another Tron announcement flows in

Three weeks or so ago, news surfaced from Tron that an upgrade of their Mainnet was due by the end of this month. And now, everyone in the Tron community is excited as the test net has been updated to Odyssey 3.2 successfully.

However, the upgrade isn’t online (not functional for the general public) yet as it is in beta for testing. Odyssey 3.2 will be online by the end of this month according to Marcus Zhao, leader of Tron public chain division.

The release of this new version implies that as we already are in Q4, the blockchain project is non-stop to climb high, and of course, to stand tall with its announcements (we know EOS has failed with their mainnet plans so as Ethereum had to delay its upgrade, too).

What will it Offer

There is excitement among the Tron community about what to expect from the new 3.2 version, which is understandable. According to the Tron foundation blog, the latest version will make the solidity nodes performances only better as well as use the memory database as the default database.

Therefore, the as a whole performance of Tron blockchain will be improved and help with the conditions like outage as well as the reboot. Also, it will create auto backups of the database for nodes not to resynchronize the data. Complex contracts will have a fast sync function together with the multi-signature function as well as the anonymous transaction function.

Undoubtedly, Tron is still on its winning streak regarding the daily transactions, and several things are said to be in progress such as improvement of the storage performance, transaction priority, node info API as well as the compiler compatibility.

All that the Tron enthusiasts are waiting for is the real-presentation of Odyssey 3.2 at the end of the month. Nonetheless, as things keep moving for the Sun-led blockchain project, it seems sooner or later Tron will achieve its goals – thanks to all the developments it’s making on a daily basis (almost).

For real-time trade alerts and a daily breakdown of the crypto markets, sign up 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 Rawpixel/PixaBay

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Why no one should be using banks

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why no one should be using banks
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If government is the devil, the bank is a demon.

It’s not your money anymore.

The moment you put your money on your bank account it becomes the property of the bank. Legally speaking you have just lend your money for minuscule interest. And since the money is not your, terms do apply, so you cannot withdraw all of them in one day, if the amount is high.

Government will know everything

Today banks are obligated to tell the authorities everything they know about you, including how much money you have, how you got it and where you spend it. The golden age of bank secrecy is over. Of course if you are a law abiding citizen, you might think that you have nothing to hide, but it’s not about hiding stuff. It’s about basic human right, and rightness for private life. The government should not be allowed to watch you.

Banks ask too many stupid questions

It’s your money, you rightfully earned them, but still you need to explain to the bank where you got it from and be shamed by them. The funny part is that after long and painful due diligence process the bank may still decline in providing service for you.

They can legally suspend your account or even steal your money

Laws are not made to protect people, they are made to protect the…

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Neteller to Launch a Crypto Exchange

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Neteller
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The way to make sure that the cryptocurrency momentum continues and that cryptocurrency credibility occurs is when big companies begin offering services based around cryptocurrency and other features of blockchain. This was certainly the case when Neteller recently announced it will offer a cryptocurrency exchange service in addition to its digital wallet services. The company announced that the 28 currencies compatible with the fiat wallet were able to buy, sell, and hold cryptocurrencies – including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. It makes sense to begin with Bitcoin and Ethereum as they are seen as the originators of what cryptocurrency and blockchain can do and also the future of how blockchain can be used, despite news that Ripple may be set to topple them all. Neteller’s move into cryptocurrency shows it has its sights set on a bright future of cryptocurrency and making it more accessible. But where do they stand now?

Neteller and Cryptocurrency

Neteller are optimistic about the exchange features of the digital wallet, claiming that they plan to add more cryptocurrencies in the near future. Neteller’s benefit is the ease at which one can begin their cryptocurrency trading journey. Not only do a range of banks offer services to fund the wallets and exchanges, but so do a variety of online payment options. This helps remove the barrier to entry that exists in…

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MGO Will Likely Generate Substantial Gains During 2019

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MGO
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My new year’s resolution is to put the past year behind me and start fresh.  This means to stop worrying about past losses and focus on all the exciting projects that blockchain technology has made possible.  When analyzing new projects, I tend to look for projects that have 2 advantages; growing industry and lack of competition.  Companies with these advantages have always done well in the equity markets and there is no reason to believe they won’t do well in the crypto markets.  MobileGo (MGO) is one such project that will be one of the biggest winners during the next 12 months.

MobileGo’s currency, MGO, performed better than nearly every other token during the past 12 months.  While most altcoins were plunging by more than 90%, MGO is only down about 50%.  And, since September, the MGO token has exploded by more than 200%.  These trading gains can be attributed to increasing adoption rates of the MGO token, most notably on the Xsolla platform.

Xsolla is a global powerhouse within the gaming industry.  It’s a gaming platform that provides developers with critically important services such as marketing, billing, distribution, payment processing, and fraud prevention.  Xsolla’s pay station allows for every developer in the world to monetize by providing 700+ payment types.  The company also has a global presence that is unmatched by reaching 200+ geographies, utilizing…

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