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Tron (TRX) recent developments and events: Is Justin Sun too aggressive?

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Tron TRX

In recent months, the twelfth most relevant virtual currency in the globe, Tron (TRX), with a market capitalization of about 2.2 billion US dollars has been taking center stage in the token-show frequently in recent weeks. Tron foundation, the much aspiring project aims to build a sturdy infrastructure for a true decentralized internet.

The coin of the hour, Tron (TRX) has been gaining a lot of backing because of their partnerships and proclamations after proclamations. Various exchanges have been showing Tron a lot of support in the recent past with the latest news creating a buzz in the crypto space is Tron’s collaboration with the adult site, Pornhub.

Tron (TRX) achievements so far

The highly anticipated launch of Tron’s new mainnet, Odyssey, was successfully done on 31st May this year without any glitches and hitches. In less than a year of existence, the Tron Foundation managed to grow its team to about 200 developers, release the roadmap to its “decentralized internet,” and amass more than 3 billion US dollars.

Currently, the Tron platform has 254 nodes in different locations in the world and boasts of having attributes like high-quality support, high availability that acts as the basis of all dApps on the platform, and its scalability.

One recent milestone that Tron (TRX) has achieved, and is worth noting is Binance’s completion of TRX Main Net swaps. Users can now make TRX deposits and withdrawal now.

Other significant Tron developments

The mainnet wallet, consensus protocol, and actual structure are the three pillars the Tron outfit is based on. Over the past few months, all three pillars have undergone tremendous modifications translating into additional value boost and efficiency to the digital coin’s worth.

Responses to bugs and cyber threats have witnessed outstanding and continuous assessments being done to make sure the platform is fool-proof of any bugs or potential cyber-attacks. Several problems were reported on the Tron RPC front, but the Tron development team has been able to iron out the problems without interfering with the network’s operations.

The consensus protocol has already gone through complete optimization with the swapping of the token taking place seamlessly during and after the launch of the MainNet.

The Super Representative Election

The community took to the polls on 25th June for the 27 Super Representatives that are meant to assist in the governance of the Tron platform. At the moment, 42 candidates are vying in the polls, but only 27 will make the cut to take the responsibility of a Super Representative. It is hard to tell as of now when the Tron elections will end, though.

Tron’s Secret Project

All lot of chatter has been going around concerning Tron’s secret project that was announced recently by CEO Justin Sun. At the moment, details concerning the project are still on lockdown with no hints on what the project is, what look it takes, or what the project might do. All we know about this secret project of Tron is the launch date; it’s going to be launched by the end of this month.

With so many things going on for Tron (TRX) simultaneously, one would think Justin Sun and Tron Foundation are hitting the deck too hard. The questions like, are the Tron foundation projects more than they can handle in recent times? Will the developments impact its future?

Well, the answer to all such concerns is, to me, Justin Sun is doing all he possibly can to make sure that his virtual currency succeeds. He is making use of his time, energy and resources at full, in the best way he can, which is a thing to praise if you’re an investor and not to point out. If Sun and Tron foundation keeps going like they have been lately, it certainly will help Tron (TRX) touch the skies sooner than many might be predicting.

At the time of writing, Tron (TRX) is valued at $0.03326 per coin which is still on the lower side of what the crypto community had expected, but a price surge is expected shortly.

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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 Maxpixel.net

Altcoins

Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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