Connect with us

Don't Miss

Tron (TRX) to sponsor Hackathons in quest to prove Odyssey’s security

Published

on

Tron TRX hackathons

After months of testing and waiting, Tron successfully launched its Main Net, Odyssey 2.0, on 31st May, kickstarting the process of switching from being an Ethereum token to its own Main Net. A big step for Tron, Odyssey 2.0 has already accumulated over 2,000 revisions, released 15 software iterations, merged over 500 forks, and added more than 100 new features. Users can download Odyssey 2.0 from Tron Github page.

25th June also referred to as “Independence Day” has been scheduled to be the date where the network is going to migrate from Ethereum’s platform fully. Regarding logical challenges, the shift from Ethereum’s ERC-20 to Tron’s native new token will require holders to convert their existing TRX altcoins into the new form and ensure their tokens is in a supported wallet and exchange. Holders will also have to make sure the third party can handle the transition.

Some wallets and exchanges are in support of the Main Net shift. All ERC-20 altcoins should be in any of these platforms before the 25 of this month: Huboi Pro, UpBit, ZebPay, Bibox, RightBTC, Binance, Gate.io, BITKOP, Okex, Bittrex, Coinnest, DragonEx, Bit-Z, Bitfinex, Bithumb, Liqui, and Coinrail.

If any holder misses the final migration day, they will have to wait for another Main Net switch date that will be announced at a later date to switch to the new form of TRX manually.

Tron’s Independence Day will also be the day the election results for Tron’s Super Representatives are communicated. The 25 individuals, Super Representatives, will be the general overseers of the network acting as primary nodes of the platform. The election is an open community vote and is currently ongoing.

What Does Tron’s Odyssey 2.0 Provide?

  • A friendlier environment for developers
  • Improved general stability
  • Instant, asynchronous, and responsive functions
  • Enhancement of dozens of central parameters with BEB, binary regression algorithm
  • Improved scalability and network performance with hundreds of times faster Transactions per Second than Ethereum’s

Tron’s new platform has gone through meticulous testing, and CEO Justin Sun assures his holders that the upgrade is secure and reliable to meet their everyday demands. Posting on his Twitter page, Sun disclosed a huge bounty reward for anyone in the developer’s community or the general public who will find any bugs or erroneous lines in the new Main Net.

With the final migration set to take place on 25th this month, Tron is not leaving anything to chance and is investing large sums of money in ensuring Odyssey 2.0 is safe and secure. EOS offered a bug bounty of $10,000 while Tron is investing $100,000 for any critical bug that can jeopardize the migration.

Tron Hackathon

So, this September has been selected to host Tron’s hackathon, that might prove significant in unmasking Tron’s hidden prospects that people usually overlook or undermine. And with Tron’s strong marketing abilities in creating disturbance in the cryptocurrency news headlines, various esteemed businesses, market experts, analysts, investors, and exchanges are keen to attend the hackathon.

Undoubtedly, this event has the potential to change Tron’s fortune for positive ones.

For the latest cryptocurrency news, join our Telegram!

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 Pxhere.com

Don't Miss

Property Loans for Foreigners in Singapore That You Must Know About

Published

on

property loans for foreigners in Singapore

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…
Continue Reading

Don't Miss

CoinField Launches Sologenic Initial Exchange Offering

Published

on

Sologenic

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…

Continue Reading

Don't Miss

Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page

Published

on

Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.

Performance

The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone, including those who are trying this betting for the first time.…

Continue Reading

Press Release