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TRX Coin News: New TRON Plans For BitTorrent

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TRX coin news
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TRON (TRX), one of the most popular cryptocurrencies around, has just announced two big moves that will likely make it even more popular. These TRX coin news include a launch of the first TRON blockchain-based game, as well as plans for rewarding rewards for BitTorrent file sharing.

TRX coin news announces a new blockchain-based game

TRON has made a lot of members of the gaming community really happy with a recent announcement posted by Justin Sun. According to him, a company called BitGuild has been using TRON blockchain for creating the first idle blockchain-based game in the world — Magic Academy.

The game will revolve around the creation of wizards, and especially various upgrade items that will increase their power. Additionally, players will have an in-game currency — Jade — which is based on the TRC20 token. By buying additional warriors and increasing their battle power, players will also be able to attack others and steal their Jade. Not only that, but the game will also offer unique items that will be based on TRC721.

Finally, Magic Academy is written through the use of Solidity programming language, which is also compatible with TRON MainNet via TVM.

BitTorrent users to be rewarded for seeding with TRX

In another announcement, Justin Sun stated that BitTorrent is about to receive a new update. In this TRX coin news, it was announced that users who decide to seed content will be rewarded for file-sharing with TRX coins.

Until now, sharing content was free. Content providers, or seeders, allowed others (leechers) to download it due to their wish to help the BitTorrent community. Other than that, seeders had no greater incentive to save the content or to keep it available for others. Now, however, this is likely to change.

The statement came after the one that announced TRON’s new Project Atlas. The innovation is seen as one of TRON’s first bigger moves on the road to transforming the industry of content distribution.

According to Justin Sun, the new way of content distribution is what Project Atlas is all about. It will also improve the download speed, and it will provide more seeds. Additionally, there will be no mining, and the project will also introduce backward compatibility. This backward compatibility will allow BitTorrent users to enjoy the same services with no regard to their choice of Torrent client.

Seeders will also be able to receive payments from other users for providing additional bandwidth to their equipment. This is how download speed will be increased, while both sides will have a reason to become TRX owners.

According to Sun, the move will eventually empower content creators, as well as their communities. It will also eliminate the middleman, and content creators will be able to reach their communities directly.

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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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Reasons Why 2019 May Be A Great Year For Crypto

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The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.

The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.

With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.

1) Bearish market to loosen its grip

The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…

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3 Coins with the Largest Potential in 2019

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2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.

Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.

  1. Bitcoin (BTC)

Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.

One thing that is expected is the approval of Bitcoin ETFs…

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Do or Die: 3 Crypto Projects that Really Need to Deliver Soon

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Crypto projects have gone through several crucial periods of development, and while it is fascinating to watch their progress to maturity, a lot of investors are becoming impatient. During the first few years, they were barely known, only talked about in specific groups, among those developers and investors who had the luck to find out about them in the early days.

The next several years, altcoins started appearing, and the voice of cryptocurrency slowly started to spread. Then, there was a period of hype, when crypto exploded, and the entire world finally learned about this new technology that promised to change the world. Naturally, the overhype led to a market crash and price correction that we experienced last year, but the impact was made, and the world is still talking about them on a daily basis.

However, now is the time for cryptos to deliver on their promise, grow up, and start showing results. There are high expectations for many projects, but for various reasons, they have yet to deliver, and many are hoping that 2019 will be the year when they finally do it. Let’s see which 3 crypto projects really need to show results, and soon.

1) Ethereum (ETH)

Are you surprised to see Ethereum at the first spot? The project has been a top cryptocurrency for years, why would it be in danger now?…

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