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Tron (TRX) Is Destined To Take Over The World In Less Than A Week
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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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…
Altcoins
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has…
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