The Marlin Protocol was conceptualized with the sole purpose of making blockchain technology scalable enough to introduce into industries with potential and existing high throughput and growth rates. Marlin’s solution is sleek and simple, so much so that Binance Labs and key industry leaders such as Rogelio Choy have embraced the concept and are supporting further development of the Marlin Protocol.How important is communication efficiency and mass scalability within public blockchains?According to Eaze’s Rogelio Choy, former CEO of BitTorrent, and the entire team at Binance Labs, it is critical.It is so critical, in fact, that Binance Labs has welcomed blockchain network provider Marlin into their fold. Binance Labs exists to financially support and mentor decentralized blockchain start-ups. Marlin has joined the likes of MobileCoin, Oasis Labs, and Pivot becoming a part of the Binance Labs portfolio.Marlin Protocol solves the issue of slow, ineffective network communication on the blockchain structure with its layer zero, high-performance networking solution. The company has developed an entirely new protocol for network interaction. It is called the Marlin Protocol.Founded and led by blockchain visionaries and entrepreneurs from the likes of Zilliqa, Microsoft, MIT, and Stanford, Marlin’s plan to transform the entire blockchain industry is no joke.The company describes itself as “a peer-to-peer superhighway for public blockchains bringing high-performance network infrastructure to modern decentralized networks. Founded by researchers at Stanford and MIT, Marlin facilitates orders of magnitude improvement in throughput in planet-scale decentralized networks and is currently collaborating with platforms like Holochain, Blockcloud, and several others.”Head of Binance Labs Ella Zhang commented about the strategic partnership “While we’ve seen many innovative consensus algorithms and off-chain techniques in the industry to solve the scalability issue, Marlin is a group of talented entrepreneurs who tackle the underlying network layers scalability through their node network design and cryptoeconomics.”“Their fast and decentralized network solution can potentially benefit all blockchains.”Growth of a powerful advisory boardRogelio Choy recently joined Marlin’s advisory board. Previously the CEO at BitTorrent, Choy brings a strong knowledge of blockchain start-ups and business leadership and development. He has participated in an advisory role in multiple IT business ventures.Many of these have seen great success, thanks to Choy’s business development acumen, specifically his understanding of the blockchain community and its unique, breakneck rates of speed. Top businesses such as cloudadmin.io, Tru Optik, and Mercari have all benefited from Choy’s expertise.At BitTorrent, Choy succeeded in growing revenue and re-establishing BitTorrent as a profitable business in the IT space. He accomplished this expertly enough to catch the attention of Tron, at the time the 10th largest blockchain in the world. Within a year of Choy’s leadership, Tron made the decision to acquire BitTorrent.Regarding his decision to join the Marlin advisory board, Choy offered a simple explanation. In short, he believes that solutions offered by the Marlin Protocol meet a core need within the blockchain community. The solution carries the potential to drive blockchain toward a place of widespread adoption and unparalleled functionality.“Marlin is addressing a material issue that every blockchain project needs to address – the speed of decentralized transactions at scale. Adoption of the Marlin Protocol can meaningfully drive the long vision of blockchain, mass-market adoption of decentralized apps and services,” says Choy.A solution instead of a stopgapWithin most blockchains, the current state can only be described as not scalable. Second layer solutions such as Zilliqa’s sharding, Bitcoin’s FIBRE, and relay network Falcon do exist and are currently in use to improve scalability. BloXroute Labs provides a censorship-resistant Block Delivery Network by encrypting blocks, yet another partial solution for today’s market.However, none of these technologies has seen the kind of adoption needed to provide mass adoption of blockchain technology.More importantly, for some blockchain users, none of the existing solutions can be described as legitimately decentralized. This is a big problem for many distributed ledger proponents.Decentralization is part of the original foundation of cryptocurrency. Most, if not all subsequent blockchain ventures have embraced decentralization conceptually, if not practically.Marlin is a big change from the one-to-many networking model embraced by most blockchains. Otherwise known as the Gossip Protocol, block producers send blocks to their closest neighbors, who behave likewise, until the entire network is privy to the information within the block.Clearly, this model can be slow, even within a low throughput environment. Increased throughput only slows things down.Marlin’s layer zero protocol transforms network communications at the core. With the Marlin Protocol, there is no need to develop additional layers of scaling functionality. Scalability is built into the original concept. As an open-source project, Marlin is ready to disrupt.Image by Pete Linforth from Pixabay
The cryptocurrency market reflects how participants feel about blockchain’s progress, namely its biggest obstacles and how projects using blockchain navigate them. These feelings and perceptions determine how people act in the market, and there are times when the majority are all in agreement. Typically, periods of concentrated optimism or pessimism about blockchain push the price of nearly every cryptocurrency up or down, and there’s always a fundamental theme providing some sort of definable impetus for these movements.Each cycle of up-then-down can be attributed to something different. The last bull run peaking at the end of 2017—with Bitcoin at nearly $20,000—was largely built on the “promise” that blockchain held. The subsequent decline was then catalyzed by profit-taking but also because the public consciousness came to terms with blockchain’s scaling difficulties, transaction slowdowns, and the absence of real products built using it. As the market finds its legs in mid-2019, it’s worth considering what the underlying reasons are for this tentative recovery.First Wave of Products Wait for Old Chains to Catch UpThis year’s measured retracement upward is (for now) defined by the slow yet tangible developments happening in legacy blockchain solutions, which also represent the foundation of the current industry. Many impressive projects are being built adjacent to or on top of these blockchains, and it’s the acknowledgment of these products and applications that has prodded the slumbering bull.For blockchains like Bitcoin, which don’t directly support other projects like Ethereum (it has no application layer), maturation has meant the growth of exclusive second-layer solutions like the Lightning Network (LN). The LN will deliver Bitcoin’s only dream to markets, namely that with a model for storing transaction data off-chain, transacting on-chain is that much faster and cheaper. As people understand Bitcoin has put most of its troubles behind it, price action follows.As most know, Bitcoin is no longer representative of the blockchain industry. Ethereum was relatively new during the 2017 bull market, but even at the time, it was easy to see that the two-year-old “decentralized blockchain computer” had massive potential. Similar to Bitcoin, Ethereum’s scaling struggles are soon to be a thing of the past thanks to a highly anticipated switch to Proof of Stake at some point this year. This provides momentum as people snap up ETH with the intention to stake, but also because it means that smart and autonomous applications built on Ethereum won’t be constrained.On Solid Infrastructure, the Blockchain Product Market ExpandsEven though greed and fear still lend momentum to the market’s swings, it needs a reason to move in the first place and to establish a direction. One big reason to be greedy is that blockchains like Ethereum will soon be able to push transactions through more quickly, and so the first wave of products built around them have a better chance at succeeding due to the reliability of service. Part of what helped turn the market’s pessimism around was that people began to realize that these great products have quietly gone mainstream while they weren’t paying attention.Built using Ethereum smart contracts, for example, the new blockchain VR platform CEEK can already be purchased on Amazon, Target, Best Buy, and iTunes. CEEK is a blockchain-enabled VR experience and digital market, in which acts like U2, Katy Perry, and Lady Gaga are paid in cryptocurrency for performing to a virtual audience. With token integration, voting on blockchain among users, and support from existing VR hardware, CEEK is one solution putting Ethereum through its paces.Others include Cardstack—a unique visual dashboard that lets users select and “stack” individual Ethereum applications. The functionality of single apps on the blockchain is still relatively novel, but by providing a clean interface and the backend power to layer these apps on top of one another, their collective utility expands and holds great potential as the ecosystem grows. Perhaps most impressive—and late to the game—are the number of blockchain payment platforms finally hitting the market, however.Onset of Blockchain Payments is the Market’s Starting GunThough retail-level computing or entertainment products built on blockchain have the best chance to convince consumers to pay attention to technology, banks are already enraptured. Some of the world’s most influential banks have already built their own internal blockchains and cryptocurrency solutions because from as early as 2015 they were shown how the technology could reduce their overheads with faster, cheaper, and more flexible cross-border transactions.One of the first to demonstrate this idea was Ripple, which partnered with Santander Bank to allow its Ripple Network to handle a portion of the bank’s transactions. The finance sector has since gone all-in on crypto, and even institutions like JPMorgan that were once hardline anti-Bitcoin now have their own JPM Coin, for example. The white flag that banks are waving to blockchain should really be seen as a checkered flag to signal the beginning of the next bull race.Blockchain payments are hitting the app store as well, and one big piece of news in the last few months was the ability to use cryptocurrency through the Flexa app. Flexa is accepted as a payment method at some of the world’s biggest retailers, such as Whole Foods, Nordstrom, Starbucks and more. As blockchain gets more and more practical, it won’t remain a niche space for long. Its benefits are being trotted out in the form of products and applications that are available, and investment is ballooning in tandem. We haven’t yet seen the real follow-up act to the 2017 bull market, but the ways we can already use blockchain ensure that it’s not long in coming.
One of the best-known Bitcoin supporters and well-respected crypto voices John McAfee has announced support for Karatbars International. The company initially known as a retailer of tiny gold items, today declares itself as a provider of multiple blockchain solutions for the traditional market.
Cryptocurrencies are not something new, and neither are CFDs (i.e. Contract For Difference, a popular form of derivative trading). Every person involved in financial trading will know what these two assets are, but some are still unaware that cryptocurrencies can be traded through CFDs, and now may be the best time to do so.
The last few weeks have witnessed some of the most dramatic moves in the price of Bitcoin, and to a lesser extent the entire cryptocurrency markets, since the prolonged cryptocurrency bear market phase began back in early 2018. Now, many traders and investors are predicting that a new wider crypto bull market may be underway.Volume has likewise increased, peaking at over US$33 billion on May 16th, in addition to the 200-day moving average turning bullish for the first time since early 2018. Recent positive news may be a key catalyst for a resurgence of Bitcoin price and activity; as despite yet another round of VanEck and Bitwise ETF delays announced, there is the impending release of Bakkt’s crypto platform, and a widespread initiative by payments network Flexa to allow customers to shop at large brick-and-mortar retailers, including Whole Foods, using Bitcoin.However, while positive news may be affecting Bitcoin’s price, increased trading activity and volatility within the crypto markets has now left many traders wondering what the best price to enter the market is. Following a recent short-term retracement beginning on the 16th of May, which saw the price of BTC dip below its $7,000 level, bitcoin has stayed the course and continued its upward trajectory. But where is BTC headed next, and how can traders get the best entry price possible?Timing a perfect entry pointWith general sentiment among traders for BTC now turning overwhelmingly bullish, many are looking for a ‘sweet spot’ in which to open a Bitcoin position if they haven’t already, or likewise if they took profits prior to BTC’s retracement during mid-May. So, what would that elusive perfect entry point look like?Leading cryptocurrency trading terminal, Monfex, regularly publishes trading ideas via its popular TradingView account. Monfex is a margin trading platform which gives traders access to 13 different crypto assets, including Bitcoin, Ethereum, Ripple and Litecoin.On May 23rd, they forecasted that $7,500 was a key buy-in level, with Bitcoin trading in a holding pattern between the $7,200 and $8,100 range. Monfex added that according to their technical analysis, the uptrend towards $11.5k is highly likely to continue, opening the way to serious gains and making an entry of $7,500 look very attractive.Commenting on the recent price slump, Monfex stated that despite the doom and gloom, in which some traders expected BTC to revert back to its bearish long-term trend, the leading digital asset isn’t showing any strong signs of rapidly crashing.Monfex has previously published both highly accurate and popular forecasts, including one recent TradingView idea which predicted an upcoming BTC surge to $8,500, which has gained almost 14,000 views in just a few days.Wider AnalysisHow does the wider market feel about Bitcoin’s long-term outlook? In April, Forbes published a news piece which examined the price of BTC, stating that bullish sentiment is outweighing bearish predictions. Since then, the price of Bitcoin has risen meteorically, pushing well into $8,000 territory multiple times, and on the 21st of May, CNBC’s fast money discussed the possible catalysts for the next major BTC run, including Bitcoin’s halving.TradingView contributor, user ‘botje11’, who has over 27,000 followers, offered a more conservative estimate of Bitcoin’s short-term prospects. In a TradingView idea the account posted on May 24th, the trader noted that there’s little increase in volume following the move from $7,500, and likewise a double top formation could signal that the price is going to make a move to the downside.Final ThoughtsSo, is it time to jump into Bitcoin, or wait on the sidelines? As of the time of writing, those who had followed Monfex’s advice to buy at $7,500 levels would have realized strong gains since their TradingView prediction was published, as BTC is now trading a fraction above $8k. Additionally, those traders who made strategic use of leverage could have seriously profited from this price move.However, whether BTC can continue its rally in the short-term, and move towards $11.5k as predicted, is unclear. From a fundamental analysis point of view, recent news for Bitcoin, and cryptocurrencies, on the whole, seems generally positive, with many institutional investors such as Bakkt and Fidelity waiting for regulatory greenlights to offer blockchain-based financial products.Likewise, as Bitcoin’s block halving is now less than a year away, many analysts are predicting that bullish sentiment will continue to steadily increase during the remainder of 2019, and into 2020, which means a move now could be incredibly well-timed.
Image by TeroVesalainen from Pixabay
The Phenomenal Track Record of Project Listing of This Rising Platform.BitMax.io (BTMX.com), the digital asset trading platform built by a group of Wall Street quant veterans last year, announced listing of DREP project on May 17, 2019. DREP market price increased by approximately 75% within 4 days, even before BitMax.io officially enabled DREP trading. This was not the first time when BitMax.io showed its market impacts.On May 7th, BitMax.io announced the listing of ABBC, a Top 100 project by ranking on CoinMarketCap. Believe it or not, the price of ABBC was almost twice from about 0.18 USDT to about 0.36 USDT within only a few days.Similar story happened to Fusion (FSN) as well. BitMax.io announced listing of FSN on May 9th, and its market price increased by almost 35% from around 0.0041 ETH to around 0.0055 ETH within only 24 hours.Let’s go back a little further to April 4th. BitMax.io published on its official Twitter @BitMax_Official that Own (CHX) would soon join BitMax family. 6 hours from then on, the highest increase of CHX exceeded 30%.What’s the “secret sauce” behind the phenomenal increases? I believe it is attributed to the brand equity of BitMax.io.BitMax.io‘s well-recognized global network and brand adds tremendous value to its listing portfolio. Its solid reputation has been proved to bring additional benefits to the listing partners, including superstar projects like Lambda, LTO Network, CVNT and Ankr Network. All the four projects were selected to be listed on CoinMarketCap very shortly after their primary listing with BitMax.io. This, as recognized by the market, can be largely attributable to BitMax.io’s reputation and impressive listing portfolio. With the co-branding efforts between BitMax.io and its listing partners, these projects have seen an increasing broad-based exposures for them on top-tier media outlets such as Nasdaq, China Daily, CCN, Use The Bitcoin, NewsBTC, and AMB Crypto; their brand awareness is enhanced not only in specific regions such as Asia or the US but also across multiple regions globally. The gaps among American, European and Asian projects have been existing for a long time. However, BitMax.io and its strategic relationship global partners, are working towards narrowing down such gaps.Image by Gerd Altmann from Pixabay
In a recent interview, Dr. Zlatin Sarastov – CFO of the Swiss tokenized shares platform Blueshare, explained the concept of regulated security tokens, their importance and how Blueshare is utilizing this concept to devise a revolutionary model surrounding the construction and mining business of Interprom Mining AG.Interprom Mining AG is a Switzerland based company and the parent of Interprom Ltd. Since its conception 23 years ago, the company has proven itself to be a leading infrastructure developer in the Eastern European region, participating in projects involving both above and underground constructions. Among its notable projects include the construction of Sofia Underground Metropolitan Rail Network. Owning a majority stake of 90% in Interprom Ltd, Interprom Mining AG is now issuing tokenized traditional equity capital participation shares as Blueshares.What are Security Tokens?In the words of Dr. Sarastov, regulated security tokens shouldn’t be confused with the thousands of utility tokens or asset-backed tokens that have flooded the cryptocurrency and blockchain space. Instead, they are to be considered a close cousin of traditional securities. The regulated security tokens abide by the principles of traditional financial legislation, in compliance with existing securities regulations of the respective jurisdictions.All regulated security tokens should be accompanied by a legally binding prospectus and a unique International Securities Identification Number. Unlike asset-backed tokens, holders of regulated securities tokens have guaranteed legal protection on par with conventional shareholders. However, issuance of security tokens benefits from the use of blockchain technology, and the process is well-known in the crypto industry as STOs (Securities Token Offerings).While STOs make use of the revolutionary features offered by distributed ledger technology, organizing one is not as simple as setting up an ICO. In fact, it is more complicated than IPO, mainly because of the still-evolving regulatory landscape surrounding blockchain technology and its uses in the sector. However, by nature, blockchain technology opens the doors for the global market whereas the legislation doesn’t. In such a case, complying with existing regulations while structuring an STO increases the cost and difficulties involved in the process.“I could say that calculating the time spend and all the moves in the wrong direction before the right recipe is determined, the overall fixed cost [of running an STO] for the time being is much higher than the one of a conventional IPO. The significant reward however comes from the placement/success fee where traditional offering success fees go up to 6% for smaller companies in an earlier stage. On the blockchain, such investment intermediaries are not sitting on the table and there is direct link between the issuer and the investors,” stated Dr. Sarastov.The Blueshare STOThe Blueshare Security Tokens (BST) represent the equity of a simple 2-layer business structure with a holding company – Interprom Mining AG and an operational company – Interprom Ltd. With the Switzerland based Interprom Mining AG (holding company) issuing the security tokens, the process is governed and monitored by Swiss financial authority FINMA. According to the country’s legal framework, Blueshare security tokens are issued using a legally binding prospectus drafted under Article 652a of the Code of Obligations of Switzerland. As a precaution, Blueshare has taken initiative to voluntary include all the applicable requirements of Scheme A from SIX to ensure high levels of transparency.Through Blueshare, Interprom Mining AG has tokenized 300 million class-B shares with each BST representing one class-B share. The company has established the first hybrid approach where investors have an option to either purchase the shares in a traditional method or purchase security tokens that can be converted to shares whenever they want. With the STO, Interprom Mining AG is looking to raise EUR 128 million against 19% of the company or 80 million shares/security tokens at a unit price of EUR 1.6 combined with 3 million for time incentive bonuses and 3 million for referral bonuses adding up to a total of 86 million shares/security tokens.What’s on Offer?In the span of 23 years, Interprom Ltd has been a highly profitable construction company building critical infrastructure like roads, underground metro, highways and water treatment facilities before foraying into the mining sector. Armed with multiple exploration rights the company already has 10 exploration sites with estimated amount of reserves pegged at around USD 4.3 billion, of which 50% is from gold deposits. As the company starts mining process, the generated revenues and profits are expected to increase dividend yield. Shareholders stand to receive a substantial portion of resulting net profit as dividends based on a dividend payout ratio that is yet to be fixed.What’s more, Blueshare is offering up to 3% Bonuses for every investment made during the STO period. Participants can also increase their profit with the referral program – offering additional 3% for every referral’s share purchase directly in ETH/BTC/USDT/BST, as well as +1% on top of the seasonal bonuses for every investment made through a referral link.More information about Blueshare is available on their website, as well as in their Telegram community group.Learn more about Interprom.
Bibox, the AI-enhanced encrypted digital asset exchange has announced plans to cater to European customers with the upcoming launch of Bibox Europe. Equipped with the necessary license in Europe, the company will be opening doors to the public as a fully regulated Blockchain Financial Service Institution.The company’s plan to launch a fully compliant fiat exchange has been well received by traditional institutions. It is reported that one of the largest global banks has invested in this round of fundraising of Bibox EU. According to Bibox, the platform’s European arm will provide its users with easy access to digital assets by supporting fiat to cryptocurrency brokerage service, encouraging users to build up their crypto portfolio with fiat in a convenient and effective manner. The equity investment from a reputable banking institution, combined with collaboration with multiple Swiss banks have enabled the platform to act as a bridge between traditional financial services and the new-age blockchain and crypto-based financial instruments.To begin with, Bibox Europe will be supporting fiat on-ramp with four fiat pairs, US Dollar, Euro, Pound Sterling, and Swiss Franc. The Estonia based parent company, Bibox Exchange has forged partnerships with various parties across banking, investment, insurance, and regulatory authorities to provide a seamless experience as a one-stop solution for cryptocurrency investors.What’s in store for the Customers of Bibox Europe?Bibox Europe users will be able to purchase crypto assets using fiat without any hassles that are usually associated with such transactions. This is made possible by the support from major European banks following the equity investment into the project by an internationally renowned banking institution.In addition, Bibox Europe has partnered with a regulated custodian to store, process and protect users’ assets in cold wallets. Further, the company has signed a warranty service with an insurance company to mitigate any potential loss of customer assets in the unlikely event of a security breach. Any loss of customer assets stored on Bibox Europe result from such circumstances will be reimbursed by the insurance provider.To further reduce the barrier between fiat and cryptocurrencies, Bibox Europe will be issuing a Bibox credit card in collaboration with major credit card service providers. The Bibox credit card can be used across partnered PoS and online payment gateways, not only for the purchase of crypto assets but also for the purchase of real-life goods and services. In addition, it is understood that Bibox is planning to create more applications for its native platform token BIX with credit card services.When it comes to bulk trading, Bibox Europe has partnered with leading OTC Trading desks in Asia, Europe and America, including FBG Capital to support rapid order execution and transaction processing internationally, covering more than 20 cryptocurrencies.Bibox is a quality digital asset exchange powered by artificial intelligence. It is committed to providing users with only high-quality assets to trade with. With the innovative incorporation of AI, the exchange is able to provide greater transaction security, system stability, and better user experience. Bibox has established operating centers across continents and it is still expanding to better serve its users. Bibox is working towards building a secure, transparent, compliant and innovative digital asset platform.Learn more about Bibox at – https://www.bibox.com/
It’s no secret to cryptocurrency experts that the industry had a rough year in 2018. But 2019 seems to have started off in a better direction. Bitcoin has exploded to over $8,000 and is showing strong support at those levels. With increased market awareness, many have been seeking which exchange is best for security, fees, and protection.The dangers of the cryptocurrency market are many, as the QuadrigaCX bankruptcy has aptly proven. And problems like the BitMEX deleveraging issue that occurred recently are, according to chainbits.com editor Afik Rechler, increasing investor fears.As with any other industry, growth must be accompanied by stabilization. As users and transaction volume have increased, the nascent cryptocurrency industry infrastructure has not kept pace. The result, beyond the losses detailed above, is a decline in user confidence among cryptocurrency newbies.But new exchanges have come online recently that have bolstered hopes of stability in the space. These new exchanges are seeking to create safe spaces and client fund protection. Here are the top four among these for your consideration.Binance DEXThe first on our list is the newly minted Binance Decentralized Exchange (or DEX for short). Already a top exchange, Binance’s announcement of the DEX was a major boon for the company.A decentralized exchange allows for listings and trades in a peer-to-peer fashion, removing middlemen, and security assets. Without centralized governance, the exchange can charge relatively low fees, but also offers limited service options.Binance is already starting to dominate the exchange world. And Binance DEX is already offering listing services for coins that request access. Trading pairs will likely be established as users continue to flood the exchange. As the exchange continues to grow, users will find better and more stable options.FT ExchangeDesigned by a group of already established trading experts, the FT Exchange (FTX) is an exciting new addition to the cryptocurrency exchange market, but is already being hailed as a potential leader in the industry.Backed by Alameda Research and offering derivatives options, the company has created a simple methodology for inter-coin trades. Rather than requiring customers to maintain leverage wallets in every currency derivative traded, FTX allows investors to hold a single cryptocurrency in a wallet, and buy and sell proprietary tokens tied to derivatives positions.Additionally, the company offers some of the lowest fees around by utilizing the large-scale trading of Alameda Research. They are able to do this because Alameda Research trades up to 1 billion dollars per day, making it easy for them to offer low-cost trades due to low execution costs.Because FTX costs are undercutting the rest of the OTC market, they’ve amassed a high-profile user base that includes top exchanges and OTC desks. All of this results in far better fee structures and order execution times for users.eToro ProA newer exchange to hit the market, the eToro Pro service is offering a new and innovative approach to cryptocurrency trading. The goal is to provide a more sophisticated trading platform with a wide variety of crypto and fiat-backed trading pairs.The advantage with this exchange is the connection with a host of stablecoins including those backed by currencies including the Euro, US dollar, New Zealand dollar, Canadian dollar, Australian dollar, Japanese yen, Swiss franc, and UK pound sterling.Stablecoins have been making waves in the industry since they offer connectivity to the cryptocurrency market, but with fiat protections in place. The exchange is only trading eight cryptocurrencies to date but has suggested that more will be added in the future.BitpandaThe up and coming exchange Bitpanda is not available for investors and traders in the US. However, for those in other countries, Bitpanda offers a simple and easy to use access port, and a host of trading pairs that allow for flexibility in trading.Additionally, the company offers a number of payment methods to make trading more simple for new users. With a host of altcoins available, the company allows users to fund accounts with bank, card, Skrill, Neteller and other accounts. Simplicity is the name of the game.Bitcoin has been on a positive move since the start of the year and shows no sign of slowing. As the cryptocurrency market follow suit and continues to burgeon in the coming months, exchanges like those above offers unique and helpful solutions to the questions investors face in the up and coming industry.Image by Lisa Caroselli from Pixabay
TRON founder Justin Sun has been in the news recently through a number of events. Most famously, perhaps, the recent Tesla giveaway debacle raised the ire of the cryptocurrency community and may well have backfired against its original intention.However, the famous founder has also encountered a host of positive news bites regarding his blockchain platform TRON. Most recently, the company announced a partnership with Opera, the streamlined web browser of choice in much of Asia.Opera singsThe connection with Opera is a major boon for TRON. Already boasting a stunning 300 million users, Opera is a fast-rising browser alternative to the less secure and less private Chrome or Safari. Further, their platform is dedicated to making Web 3 more user-friendly and easy to control.The company has also made strong movements toward the cryptocurrency faithful. The browser already supports ETH and ERC tokens, making it the first web browser with a substantial user base to offer peer-to-peer cryptocurrency payments.This move to partner with TRON continues the existing direction of the company. In fact, over the next year, their intention is to add as many as twelve new blockchain supports to the browser, increasing user functionality and control. Krystian Kolondra, EVP at Opera and Head of Browsers recently said,“TRON is a popular, quickly developing blockchain with a swiftly growing dApp ecosystem. We are happy to open our browser to it. By opening products to multiple blockchains, we are accelerating the mainstream adoption of Web 3.”TRON’s winThe news is a major win for Sun and TRON. By offering cryptocurrency wallet exposer for TRON to its massive user base, the company will undoubtedly gain increased user awareness and support for its system.The connection also allows Opera users to access the TRON blockchain, and to run dApps from the blockchain directly. This functionality further links the company to a wider user base. Per Sun, “We are excited that Opera, a mainstream browser with hundreds of millions of users, will now seamlessly support TRX and other TRON tokens. Soon, Opera users will be able to use dApps on the TRON blockchain.”Already a major player in the industry, TRON may need to further increase its user base to maintain competition with Ethereum and Binance, both of which have dramatically larger communities. Binance, in particular, represents a movement of the community away from Ethereum as a dApp choice. Battling these two platforms will require increasingly creative methods.Opera is also ramping up a release of their crypto wallet for iOS users. The massive iPhone market is not yet tapped by Opera or TRON, but the connection would allow iOS users to utilize the TRON blockchain. While Apple’s recent sufferings under the supreme court have slowed the juggernaut, the company still boasts the highest user base in countries with large GDP. The connection would put TRON into the market with crypto’s highest-end users.The cooperation with Opera and TRON appears to be a true win-win. With both companies gaining substantial benefits, the link should result in strong growth potential for both. As crypto continues to gain adoption, access points for large audiences will be key.