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Tron (TRX) is digital economy's heart and not just the hype
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Tron (TRX) is digital economy’s heart and not just the hype

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Tron
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Lots of great news about Tron have been reported lately. They have been on the Lbank exchange for quite some time already, and the countdown for their main net lunch has started, which many experts are confident that’s going to work for the coin. Tron is on the move actively. Should you invest in it because of that? Not really; there are better reasons.

It would be good for you to understand that Tron adds a lot of value to the digital economy, and it is sustainable in the competitive world of cryptocurrencies. Tron is an outstanding coin, which is good news for you. It’s designed in a way that it can cope with many of the digital economy’s pending issues. Let’s have a look at some of them.

Net neutrality

Recently, the FCC decided to kill net neutrality. Washington State (home of Microsoft, big surprise) passed a regulation protecting it. But this is not as much about politics as it is about technology. It’s about creating a web that has no centralization at all. There is a name for decentralized technology right now, it’s called Tron.

Tron’s intent is a fully democratic web space in which every creator is in control over their content. We can all keep corporations away from controlling our control (they don’t create it, anyway, we do). Tron can help with that. That is the core mission of Tron, in their Web 4.0 statement. We all have a stake in the web economy. And that will make us all relevant, not just corporations like Comcast or AT&T.

Advertising

Having ads that run in-between content become a nightmare to you? You’re not alone, it’s been happening to all of us. That’s the web content’s business model and it’s not just your headache, it’s been the firm’s headache as well. They need to find a way to give you the content you want as well as the ads they need to run.

Tron knows how to deal with this so you can get the content you want without those annoying ads. Just monetize the comments section! People read through those comments after seeing each video (or reading an article). What if the top comment has some advertising value? This way you could see your whole video, uninterrupted. Tron could make this work because transactions costs for Tron are so low, fast and it allows micropayments.

So, all in all, Tron could revolutionize the advertising industry and make your life more enjoyable at the very same time. Watch out for it!

Music

No industry has complained more about the web and the internet streaming than the music industry. Guess what? Tron could also be the solution for them!

Streaming and downloads have hit them (all the people working in the Music industry) hard, even Taylor Swift had a bone to pick with internet users at a time. So, if Taylor Swift feels it, what’s next? The Beatles? Pink Floyd? How bad could it be for musicians who are not nearly that popular?

There is still money in music. Lots of money. That’s not the problem. It’s just that it flows into corporations instead of musicians. Tron can change this by giving every artist the opportunity to control their content and monetize it. This could change things in the music industry for forever.

So, you have nothing to lose here. Supporting Tron will get us the web 4.0, better content, more accessible music that is cheap for you and profitable for artists. Why are you waiting?

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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 Jana Beamer via Flickr

Blogs

The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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Bitcoin, Litecoin, Ethereum, and Ripple On the Rise

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Bitcoin
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The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

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