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Here Is How Tron (TRX) Will Become ‘The Apple’ Of Crypto and Blockchain

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Tron

The late Apple co-founder, Steve Jobs, was meticulous and particular about how Apple products would look and function. Some had even branded him as a perfectionist with an eye for innovation. He was also a visionary and believed that creativity should not be curtailed in the development of a consumer product. The same visionary characteristic can be seen in the CEO of the Tron (TRX) project, Justin Sun. During the launch of Tron’s Testnets and Mainnet, we saw how he was keen on every detail of the project including constant updates to the Tron fans in a relaxed manner via social media.

It is with such a brief background of the late Legendary Steve Jobs and the Apple company he built, that one can also compare the Tron (TRX) Project to a young Apple company in the late 80s and 90s. Back then, the Apple company was not reinventing the wheel with the Macintosh computer, but rather, they improved on an already existing concept and personalized it for the user. The machine had color graphics as well as developer capability.

Looking at the Tron Mainnet and the about to be released Tron Virtual Machine, we see that it is a bud of the Ethereum platform. There is nothing much different apart from the fact that the Mainnet has 2,000 transactions per second and that transactions on the Tron Mainnet will be free to a certain degree. Any user or DApps that wishes to use the bandwidth of the network that exceeds the ‘free zone’, will be charged extra.

Once the Tron Mainnet and the Tron Virtual Machine are adopted by smart contract developers, here is where the next stage of the Tron Project will begin: massive adoption. The massive adoption will include preferring the Tron Network for DApps and possibly ICOs as well as the yet to materialize concept of decentralizing the web. The possibilities of the Tron project are endless the same way the Apple company has stayed afloat for over 30 years through the release of revolutionary consumer-friendly products.

Apple has continually exceeded expectations by releasing hit product after hit product. Signature products of the company include the iPod, iPhone, Macbook, iPad, just to name a few. The Tron project is sure to release numerous DApps in the future as well as utilize BitTorrent in the grand scheme of things. There is also the added question as to how the adult industry – through Pornhub – will take the Tron Mainnet to a higher level.

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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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Altcoins

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Altcoins

Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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Altcoins

BITTREX GLOBAL CONFIRMS FREE TRADING AND LISTING FOR TOP DEFI TOKEN

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Valduz, Liechtenstein, 17th November, 2020, // ChainWire //

International cryptocurrency exchange promotes free trading and no gas fees for leading DeFi tokens

17th November 2020 — Bittrex Global GmbH. announced today 8 new DeFi tokens will be listed this week including:

  • UMA (UMA)
  • Aave (AAVE)
  • Balancer (BAL)
  • REN (REN & renBTC)
  • Kyber Network (KNC)
  • Band Protocol (BAND)
  • YF Link – (YFL)

Bittrex Global’s users can trade all of their DeFi  tokens with no trading or gas fees until 2021. The decision to enable free trading on Bittrex Global for DeFi tokens  follows on from the 1,000% growth of the DeFi asset class over the course of 2020.

The decision to enable free transactions will see more investors enter the Blockchain Act’s digital asset regulatory system, supervised by the Financial Market Authority in Liechtenstein (FMA) under the Due Diligence Act which requires traders to comply with the KYC/AML/CFT standards.

“The last year has seen huge growth in DeFi as an asset class and a number of significant milestones completed,” said Bittrex Global’s CEO Tom Albright. “As the asset class matures and more institutional and professional investors look at the fundamentals, we are likely to see increased demand and higher trading volumes for DeFi in 2021.

We’re really excited about what we’re seeing in the space and want to see these DeFi projects grow and help them build stronger platforms through increased adoption. Offering free trading fees…

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