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

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Tron
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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

HODLing Stellar Is A Good Plan For 2019

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HODLing
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HODLing, or holding on to a certain asset or assets has always been an extremely useful investment strategy, even before cryptocurrencies were even imagined. Now, with the market being more uncertain than ever, many are wondering what is the right thing to do with the coins in their possession.

Of course, things change depending on the coin in question, but today, we are going to talk about why it is a good idea to hold on to your Stellar (XLM) in 2019.

Why You Should Hodl Stellar (XLM)

The crypto market is rich with hundreds, and even thousands of different projects at this point, and separating valuable ones from those that are destined to slowly fade away can be tricky. However, even the biggest skeptics believe that Stellar is a coin that is here to stay.

XLM was first launched in 2014, and for a long time now, it has been among the top 10 cryptos by market cap. It is an open-source, decentralized protocol that allows users to send fiat currencies by using cryptocurrency as a method of transport. In a lot of ways, it is very similar to XRP. However, the biggest difference is that Stellar aims to offer its services to regular people, while XRP is more interested in working with banks and financial institutions.

Nevertheless, sending money, especially when it comes to cross-border…

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Altcoins

Reasons To Invest In Electroneum In 2019

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Electroneum
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2018 has been quite a rollercoaster for the crypto space. Coins went up and down more times than anyone could have guessed, not to mention two massive market crashes. However, in a few short weeks, the year will be over, and a new, positive period for the crypto world is expected to arrive.

While there are many predictions for 2019, today we are only interested in one thing — Electroneum (ETN). A lot of people quickly took notice of this coin, and many believe that it is among the coins of the future. Indeed, it has received a lot of attention, and many are interested in why that is, and why investing in it is a good idea. So, let’s take a look at a few reasons why you should invest in ETN in 2019.

1) It is fast

Speed and precision of any service have always been very important to people. This importance is even greater when making a profit depends on it. Electroneum developers were aware of this when they created it, and the coin is up to 5 times faster than Bitcoin. This means that ETN transactions can be confirmed much faster, which in turn reduces fees and waiting time.

Furthermore, there are also plans to create Electroneum Virtual Currency Exchange, which will allow the project to act as an exchange. However, the even…

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Bitcoin

SEC Postpones Bitcoin ETF Decision Once Again

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Bitcoin ETF
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The new announcement by the US SEC (Securities and Exchange Commission) states that the decision regarding the potential approval of several applications for a Bitcoin ETF (exchange-traded funds) is once again postponed. This time, the SEC declared that the decision will be made by February 27th, 2019.

The application requesting that VanExk SolidX BTC fund get s listed on Cboe BZx Exchange that was published on July 2nd needs to be given order by the commission within 180 days. Originally, the deadline for doing so was December 29th. However, the SEC decided to extend the period for another 60 days, effectively moving it to February 27th.

The SEC stated that designating a longer period for making a decision was found appropriate, as more time is needed in order to properly consider the rule change.

Cryptocurrencies need a sufficient monitoring mechanism, claims SEC chairman

Recent reports claim that the SEC received over 1,600 comments after requesting the public opinion regarding the ETF applications issue. In the past, the SEC rejected many such applications, some of which were even submitted by SolidX itself. In addition, they also rejected the applications submitted by Gemini, the exchange owned by Winklevoss twins. Brothers were attempting to gain ETF approval ever since 2013, although to no avail.

Other applications were also submitted by Direxion, ProShares, as well as GraniteShares. The SEC rejected them…

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