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

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Tron
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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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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