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Just In: Tron (TRX) to upgrade its Mainnet Odyssey to version 3.2 next month
Tron (TRX) is undoubtedly an ambitious project in the crypto community, and it aims to own the bragging rights of the entertainment industry. However, they are aware to achieve that milestone, they have to do more (and better) than their competitors. That being said, Tron is making incredible progress day after day that hints like sooner or later the bragging rights will be theirs to keep.
Several Tron Announcements Flowing in
If you’re on this page, it only means you take a close look at the crypto community and perhaps you must be aware of all the market conditions. As like in any industry, here too, any crypto coin doesn’t want to be left behind, and each is doing all it takes to push up the ranks. One of them is Tron (TRX), which has been on a constant release of announcements targetted for the better of the cryptocurrency.
The latest being the release of the Odyssey 3.2 version on their MainNet. According to Tech Director at Tron Foundation, Marcus Zhao, the newest version will be released by the end of next month, November. This news has come just a few weeks later when it was noted that version 3.1 of the Tron network had been updated up to 90% of the nodes that included super representatives as well as exchanges.
https://twitter.com/bdeldy/status/1054626965066522627
By then only one out of 27 super representatives was left before a final review for the upgrade, and now that we know the end of November will release the new version, it only means we’re already in Q4 and the blockchain project is continuing working hard to climb high.
What Are The Expectations?
Many in the Tron community have to be excited about the upgrades they expect with the 3.2 version. As per the details we’ve till now, according to Tron foundation blog, version 3.2 will make solidity nodes performances better and use the memory database as its default database. Therefore, it will improve performance ability as well as help with conditions such as an outage and reboot among other exceptions.
The network will create auto backups of the database for the nodes not to resynchronize data. A fast sync function will also be included for the complex contracts, multi-signature function, and the anonymous transaction function.
Nonetheless, TRX has suffered throughout 2018 cryptocurrency bear market with currently trading at $0.0233 after going down by 2.85% in the last 24 hours. One thing is for sure, Tron is making significant strides to step up competition with the likes of EOS and Ethereum, and it’s not slacking (not at all) in developments to deliver on its vision.
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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 Geralt/Pixabay
Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.
The Singaporean ETF Market: Exponential Growth
The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics.
One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.
The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.
Regulatory Landscape and Investor Protection
The Monetary Authority of Singapore (MAS) is the…
Intending to invest in a residential or commercial property in Singapore?
When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.
In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.
HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE?
As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.
In this sense, Singapore has the Loan to Value Ratio (LTV).
The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:
- If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000.
- When you are applying for a loan with a Housing…
CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform. Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.
Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play. The desktop version is available for Windows and Mac.
“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…
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