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Tron (TRX) Is Destined To Take Over The World In Less Than A Week

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The phrase taking over the world means that an individual or a group of individuals want to orchestrate world domination. This is a bit of a negative annotation because most of the times, it involves the use of some type of force: something we doubt the Tron (TRX) Foundation will be using on the 25th of June. Their weapon of choice during the Tron Independence day will be a fully functional Tron MainNet that is the epitome of blockchain technology. This platform is sure to edge out the already existing ones such as Ether’s platform.

This is how Tron will take over the world of technology as we know it. Its platform will be the choice platform for developers of Decentralized Applications because Justin Sun and the Tron Foundation are making sure it is a solid platform. The platform will be able to achieve as much as 2,000 transactions per second with little to no fees when transacting on the MainNet, making it the preferred option for many users and DApp creators.  Tron users can initiate up to 25 transactions a day for free. Creating a new account requires coin burn of only 0.1TRX, and transfers cost 0.001TRX.

How will Tron achieve further domination?

To begin with, the current bug bounty program with an upper cap of $10 Million will guarantee the best of the best in the form of ethical hackers and institutional cybersecurity firms. One needs to only refer to the current issues facing the EOS MainNet to understand why a higher bounty will motivate the best to find the most hidden of bugs in the MainNet. Tron will be able to bypass any delay hurdles brought about by software bugs.

A second way Tron will take over the world of blockchain technology is through its vast community of followers and believers of Justin Sun. The twitter followers of Justin keep growing by the day and the number currently stands at 515,000. The Tron website indicates that there are currently 1.22 Million TRX HODLers furthering the claim that the community is one of the largest in the crypto-space, if not already the largest by individual numbers.

A third way that Tron will take over the world, is through the current momentum the project has. One needs only browse the numerous crypto news websites, to realize how much Tron news and updates are constantly covered. Another way would be to log in to Twitter and browse the numerous Tron related hashtags for comments.

It is therefore with the about few points, that Tron (TRX) is indeed headed towards World Domination in a technological way. What remains to be seen, is if all the developments and a functioning product will, in turn, cause the new coin of TRX to skyrocket to the stratosphere in terms of value.

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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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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 billionaire
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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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