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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

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).

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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.

Image courtesy of Rawpixel/PixaBay

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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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