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Here Is How Tron (TRX) Is Headed for a Top 5 Finish Thanks to 150 Million Active BitTorrent Users




In a letter to the Tron (TRX) community, Justin Sun confirmed earlier reports that the Tron Foundation had acquired the popular file-sharing platform known as BitTorrent. This was however not a surprise for many crypto-enthusiasts had noticed that the file-sharing platform was an integral part of the Tron’s whitepaper having been referenced 8 times.

In the announcement, Justin stated the following:

“I am proud to officially announce that TRON has successfully acquired BitTorrent and all BitTorrent products. From this day on, BitTorrent, whose software has been installed on billions of user devices, will become part of the TRON ecosystem, making TRON the largest decentralized Internet ecosystem in the world.”

With this acquisition, the Tron ecosystem automatically adds the 150 Million active BitTorrent users around the globe. The platform was at one time responsible for 40% of the total global internet traffic. BitTorrent was the pioneer decentralized platform that gave back power to the users of the internet rather than in the hands of a few corporations. In this sense, both BitTorrent and Tron make a world-class team to further decentralize the web.

So how will Tron (TRX) become a top 5 coin thanks to BitTorrent?

The number of active users on BitTorrent number 150 Million with 15 – 27 Million using the platform at any one time. The total number of monthly users may be estimated at more than 250 Million. A lot of individuals and organizations use the network to distribute their own licensed work.

With this numbers, one can postulate that the owners of the content will probably want to earn from it. This means that once the two platforms are integrated, TRX will be the currency for payment of that content. Imagine sponsoring a few extra episodes of Game of Thrones with a new plot twist using your TRX. With decentralization, viewers can vote on what idea or content should be on the next episode. Voting will require some TRX, right? This means the greatest fans will stock up on TRX to have the ability to stake more coins for voting.

It is with such activities of voting for content, or even paying for someone’s licensed work, that TRX will be used as a medium of exchange. This means that each of the 150 Million active users of BitTorrent will be out looking for TRX driving up demand. With demand comes an increase in the price of TRX to the much awaited $1.

A $1 TRX means that its market capitalization will get to $65.75 Billion and placing it well above Ethereum to take the number 2 slot on Even a $0.50 TRX value will place it above XRP with a market capitalization of $32.875 Billion.

In conclusion, the 150 Million active BitTorrent users who will be added to the Tron ecosystem will be key in driving up the demand for the digital asset as outlined above. This will, in turn, enable TRX to dethrone a few of our other favorite coins on the way to the top.

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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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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



crypto billionaire

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TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level




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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:

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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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