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TRON’s (TRX) Justin Sun Teases a Secret Project Starting on July 30

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Tron
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The creator of TRON (TRX) Justin Sun has hinted recently that TRON will have another project soon, starting on July 30th. There is currently no information on what Sun calls the ‘secret project’, which has led many to wonder – what is Sun planning next?

TRON’s many achievements

Even after all of the successful projects that TRON has had in the recent months, this cryptocurrency still doesn’t show any signs of stopping. And there were many, many victories for this crypto recently, and if we were to only talk what TRON has managed to do in June alone, it would take us a long while.

Apart from achieving a lot recently, TRON has also promised a lot. Following the launch of the MainNet, TORN has spent weeks uncovering new features that the MainNet will offer. Additionally, there was even an announcement by Tronics University, which is a platform based on TRON’s MainNet that will focus on offering education regarding cryptocurrencies and the blockchain technology.

The announcement did not really offer a lot of detail, but the post did allow the idea that the students might be incentivized to learn.

It’s important to mention that Tronics University is not truly a TRON-backed project. Instead, it belongs to Team Tronics, who was participating in the election for TRON’s Super Representatives.

Justin Sun mentions a secret project

Nearly two weeks back, when Justin Sun decided to commemorate TRON’s Independence Day by speaking in a live stream, he mentioned something that has caught the attention as well as the imagination of many of TRON users. He first congratulated the team for managing to meet all the deadlines and follow TRON roadmap with extreme precision. He reflected on all that the crypto has managed to accomplish so far, and has stated that the next important milestone will be July 30.

Not only that, but Sun also mentioned that this is the date when TRON’s new secret project will start, or at least be revealed. Finally, he promised that this will also be the date when TRON Virtual Machine will be delivered.

This has left the coin’s community quite astounded, and everyone is (im)patiently awaiting the end of July.

TRON Virtual Machine is coming soon

This mentioning of the TRON Virtual Machine is, of course, nothing new, and the team has already launched the project’s alpha version on May 25. The Virtual machine’s purpose is to help MainNet developers to make their very own versions of the blockchain. That would directly allow coin creation, as well as the use of smart contracts.

Sun has described this new blockchain as convenient, scalable, efficient, and secure. This might be a big game-changer for TRON, considering how most of the smart contracts were being created on Ethereum. However, TRON’s decision to enter this field has brought several advantages to those who decide to go for TRX instead of ETH.

One of the biggest advantages is the fact that the Virtual Machine is going to be free for operating both smart contracts, as well as performing transactions. TRON’s goal is to deliver a product that will make the developers’ jobs easier and more economical, which will lower the entry barrier for new MainNet developers.

Obviously, TRON is no more only a cryptocurrency at this point. Instead, it is trying to completely change the online entertainment world, and it plans to do so through the use of the decentralized network. Of course, TRX is still an important part of this plan, since it acts as MainNet’s backbone. It can and will be used for pretty much anything, from gaming to academic portals.

As for the secret project that Sun has mentioned in his speech, both the TRON enthusiasts, as well as the rest of the crypto world, can only speculate on what it might be about. At least until June 30th, when Sun has promised to unveil where TRON is planning to go next.

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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

3 Coins Coinbase Will Adopt Next

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Coinbase is one of the largest and most popular cryptocurrency exchanges in the world. However, throughout its existence, it was very picky when it comes to which coin it will adopt. So much so, that it has become a very large achievement to get support by the exchange.

Recently, however, Coinbase has decided to act on its users’ wishes and expand its list of accepted coins. In theory, this was a big deal, and the exchange actually started looking into a lot of coins. However, it only adopted a few of them. Right now, Coinbase is supporting Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, USD Coin, Basic Attention Token, and 0x.

Even so, Coinbase wishes to add more of them, but only after it ensured that the coins are a part of legitimate, non-controversial projects. As a result, the entire crypto community started speculating about which coins will be added next. This will also be something that we will try to answer today, by listing three projects that are the most probable candidates.

3. EOS

EOS or Ethereum On Steroids, as some like to call it, is a more than a decent project that has made headlines multiple times this year due to its progress. It managed to launch its own MainNet, which made it perfect for dApp development and smart contract creation. This makes it similar to ETH, but many…

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Bitcoin

What Will It Take For Bitcoin (BTC) To Rise Again?

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It is no secret that 2018 has been a terrible year for cryptocurrencies when it comes to their value. Things looked so bright during the first few days of this year, with Bitcoin hitting $20,086 per coin, and every altcoin reaching new heights. However, it was not to last, and soon enough, the market crashed, and prices went down.

What followed was months and months of a heavily bearish market that kept pushing the prices further and further down. It prevented any attempt of recovery, although several of them gave it their best shot.

Despite a situation like this, crypto investors never forgot the potential of Bitcoin, and many have been predicting another bull run that would have the same results. Those expectations were quite large, and potentially even unrealistic at first. Now, however, as the year approaches its end, it doesn’t seem like anything will happen. The community started to wonder why that is, and what would it take for another bull run to emerge, which is what we will try to answer right now.

What does Bitcoin need in order to have another bull run?

1. Bringing regulation

The crypto space remains highly unregulated in most parts of the world, which is one of the largest reasons why BTC remains dormant. While there are attempts to regulate it, these attempts are made even more difficult due to the fact that the market is constantly changing and…

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Altcoins

Stellar plans to Airdrop 150 Million USD in XLM to Blockchain Wallet Users

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Recently the Stellar Development Foundation partnered with Blockchain Wallet to airdrop $150 million value of XLM, to the owners of the wallet. The Block declared that the first batch of XLM would be shared this week for all users who signed up to use the Blockchain wallet.

The team behind the stellar Development Foundation hopes that this partnership will make XLM a real rival for other cryptocurrencies from the market.

The co-founder of Stellar, Jed McCaleb declared the following about the airdrop:

“We believe that airdrops are central to creating a more inclusive digital economy. Giving away lumens for free is an invitation to communities to design the services they need.

By working with Blockchain to increase the availability and active use of lumens on the network, we will increase the network’s utility by many orders of magnitude.”

Just $25 value of XLM each

To share some respect to the worth of XLM will distribute for each user, the team of Blockchain wallet declared that after verifying the identity when signing up to the wallet, $25 value of XLM will be shared to each. Furthermore,  there will be a first- come and the first-served clause in this airdrop which says:

Offer available until XLM giveaway supply is depleted. Limit of one XLM airdrop per person, unless participating in any bonus activities.

A person can receive the XLM airdrop in only 1 Blockchain Wallet.  XLM…

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