Tron (TRX)
Most of us are familiar with Ethereum (ETH), which is second largest cryptocurrency platform by market capitalization. Similarly, Tron (TRX) is a blockchain based decentralized operating system which has native token known as TRX (It's market capitalization ranked is 14th).
Tron (TRX) network was founded with the aim of decentralizing the internet where anyone can create DApps (decentralized Apps), freely publish content, store and own the data.
Above image shows the symbol of Tron network.
The Tron network has capacity of around 2000 transaction per seconds. Similarly, for Ethereum, it is around 15 transaction per second.
It has almost zero transaction fees.
Tron network supports Smart Contracts i.e. type of digital contracts that automatically executes when certain conditions are met.
Tron network also supports Decentralized Application i.e DApps (as against the centralized apps), for which it offers high throughput (Output of Computing power) and high Scalability (number of transaction per second).
As of now, TRX price is around $0.02 and its all time high price was $0.25 (Source: Coinmarketcap)
TRX coin can't be mined as it is based on Proof Of Stake instead of Proof of Work i.e. consensus mechanism while validating transaction.
So, to get TRX coin either one has to buy or stake the coin to support network and then in return get percentage of staking coins (depending on the amount of stake).
As Ethereum 2.0 have been launched, similarly tron network has also released the TRON 4.0 which has major improvement in terms of Scalability, Throughput and many other features.
Applications Scenario of Tron Network :-
Its functionality is similar to Ethereum (like Performance, Security, Scalability, Throughput etc) but it also has different uses cases. For Example- Tron ATM Machine, TRON Credit card payments, For merchandise payments accepts TRX, buying gifts cards using TRX ..etc.
Pros of Tron Network as compared to Ethereum:-
Handling capacity of transaction on tron network is greater than Ethereum.
In future, Tron network offers *probability* of daily active users more on Tron network than Ethereum (of including BitTorrent acquisition).
Cons of Tron Network as compare to Ethereum:-
Less market capitalization as compare to Ethereum.
DeFi (Decentralized Finance) and DApps (Decentralized Apps) has been rising on the Ethereum Network .
More volume of Stable coin tether (USDT) on ethereum network as compared to Tron. (i.e. token value)
Future Ahead:-
Tron 4.0:- Newly launched Tron 4.0 has major improvements over the network like more faster in terms of transactions (around 20 times), DeFi , Smart Contracts, Bittorrent and many other features will leverage the network itself.
Official Site:- https://tron.network https://tron.network/
**Resources:-**
Official Site (https://tron.network) and Coinmarketcap (https://coinmarketcap.com) https://tron.network/ https://coinmarketcap.com/
**Image Source:-** Modified.
Blockchain Applications
Some projects that runs on Blockchain are ***promising*** in future and as of now (I am enumerating them):-
1) Power Ledger:-
The most innovative project aims at solving real time energy resources problem (website says it as 'duck curve' problem i.e.'Supply' of energy during day *high* and 'Demand' of energy at evening) by allowing trading of energy, so that renewable energy resources could be utilized efficiently.
https://www.powerledger.io/
2) Chronicled:-
How about Blockchain Technology is being use in Logistics (Goods)?
Chronicle project aim at solving real time logistic problems by using blockchain technology having the support of IoT i.e Internet of Things (Connecting devices, in this case Goods). It aims at supply chain management tracking having the decentralization of inventory data.
https://www.chronicled.com
Another project for 'Food' is IBM Food Trust i.e IBMFT.
3) Follow My Vote:-
How about Election (voting system in election campaign) is being tamper proof?
Well, in that case, 'Follow My Vote' has that purpose for full transparency in voting system and increase in accessibility to the polls on that day using blockchain technology.
https://followmyvote.com
4) TradeLens:-
How about Global Trade Shipment ecosystem being tracked by using blockchain?.
Well, in that case, Maersk (The largest container shipment and supply chain operator in the world) in collaboration with IBM had launched the project 'TradeLens' which aims at digital global supply chain tracking.
https://www.tradelens.com
5) Aid Coin:-
Aid coin, basically a charity project which allows any website (by embedding widgets) to accept any cryptocurrency as a donation.
As of now, 23 cryptocurrency that have accepted are converted to AID token (Stable Coin) to avoid the market volatility nature cryptocurrencies.
https://www.aidcoin.com
6) Brave Browser:-
Most of us have familiar with this project which aims at 'disrupting digital advertising market' having the feature of privacy-centric enabled Internet browser.
But still those who are not familiar can find more information at : https://basicattentiontoken.org
7) Blockchain Smartphones:-
The Blockchain Smartphone gives us access to functionality (like selling, buying, storing cryptocurrencies) with having the ability to store Private Keys or Seed Words and built-in cryptocurrency wallet. It functioned like a regular smartphone that we use but come with the cutting edge technologies.
Literally, 'Data' of everything we do like browsing, calling, texting etc is decentralized and one who use it, is the owner of it i.e. Full Privacy enabled. In fact, some Blockchain Smartphone has the resources for running as Full Node.
Example of Smartphones:- Block On Block (BOB Smartphone), Samsung Galaxy S10, HTC Exodus etc.
8) Decentralized Finance i.e DeFi:-
Decentralized Finance (as against of the traditional monetary centralized Financial System) aims at disrupting financial system by participation of stakeholders i.e. 'for anyone, at anywhere' can have access to Credit,Lending, Digital Assets etc. by eliminating intermediaries.
I had written article on it, may be it will get a little help from it. I am providing link here: https://read.cash/@CryptoSmart/defithe-new-way-of-banking-service-5e8713ab
Note:- There are many applications of blockchain technology with real time used cases which will bring major impact on different sectors (in fact waiting for it as soon as the technology gets in advance stage). Example: Covid-19 (Health) and Blockchain Technology for tracking real time update. Likewise, Finance, Trade, Banking, Real Estate, Management etc.
**Image Sources:- Modified by Me.**
My favourite 2 Quotes:-
1) "We are responsible for what we are, and whatever we wish ourselves to be, we have the power to make ourselves. If what we are now has been the result of our own past actions, it certainly follows that whatever we wish to be in the future can be produced by our present actions; so we have to know how to act."
2) "We reap what we sow. We are the makers of our own fate.
The wind is blowing; those vessels whose sails are unfurled
catch it, and go forward on their way, but those which have
their sails furled do not catch the wind. Is that the fault of
the wind?....... We make our own destiny."
Opinion:- I think, It is the perfect time to implement point deduction system to avoid spammers. That way, daily pledge amount could be utilize in better way. Having fear about getting point detected would at least minimize the spamming of articles, comments. Its opinion only, may be moderator have given thought on it since amount got double now.
Truth and Ambitions
Lets first see what's the meaning of Truth. "Truth is the **property** of being in accord with fact or reality", as on Wikipedia (Underline emphasis by me). So, the Truth as such a 'property', will differ from one aspect to another aspect for each individual. It is, for someone to hold like I never lie, I have never deceived anyone, I have never intentionally hurt anyone, I always speak what I stand for..etc. These are the aspects of property being in accord with fact or reality. But the question remains was it factually right or wrong when I say something and in reality, had an acted in differently. The answer differs for each individual by one's cultivated self-esteem.
The mind is such an entity given by nature to mankind that either it turns out to be a blessing or curse for mankind, depending on how it has been cultivated by one's 'thought process'. Having awareness of one's own thoughts and diving into thought has a different phenomenon.
Having said these, I am not going to deep down into spiritualistic but on rather Materialistic (Any realistic sane person has wisdom what the Truth is and won't commit any act that is not in accord with fact or reality.)
Again, materialistic lust differs for each individual depending on one's self-growth ambition. An ambition which is equivalent to strong desire has either lead it in a way which shall bring prosperity as a whole to the society or to the extent each individual or to the least say self one. Such is the power of ambition which had emanated from the 'Mind' and has been recognized in the history of mankind as a tool of possessing something but in reality, doesn't own it. So many Kings had come and gone only to recognized in history as a lesson for future generation i.e. futility of materialistic lust. 'I am not comparing ambition with lust but rather comparing lust with ambition'.
The opposite is the scenario for materialistic. The less lust one's become about material things, the more one becomes started to have build self-esteem. It is up to you now for each individual, how far you wanted to become Ambitious. Ambitions which was supposed to be the property of being in accord with fact but turns out to be the opposite of it and brings disaster.
Searching for materialistic truth, most of the time leads to the intellectualization of things that are supposed to be accommodating of other views. But if this view doesn't get accommodated in accord with fact. Essentially, the futility of trying to do something which is not in accord with reality.
Aristotle tried to summarized the Truth as:
“To say of what is that it is, or of what is not that it is not, is true.”
He tried to point out 'what is provided and what is not' by the materialistic world is considered as a fact or reality.
Thanks for reading.
BAT token price as of now is $ 0.36. In the last 5 days it has increase over 35%. If you have been using brave browser since long time, you must be feeling great now. Apart from earning, it has added functionality than other browsers which i like the most. If you haven't downloaded browser yet, go to play store or iStore or official site and download.
I sincerely appreciate and express gratitude to @MarcDeMesel and @Read.cash. No more spammer, cheater, bad actor (preference to constructive criticism), abuser shall allow here anymore. If you found any of it, immediately report it. It is everyone's responsibility now.
Just Info:- Guys, Generally we are using Smartphones where we need to download Wallet Apps in order to Store, Buy or Sell Cryptocurrency. But, what about Blockchain Smartphone. Have you heard it?
The Blockchain Smartphone gives us access to all these functionality with having abiltiy to store Private Keys or Seed Words for the same and built-in crypto currency wallet. It functioned like a regular smartphone that we use but come with cutting edge technologies.
Literally, 'Data' of evrything we do like browsing, calling, texting etc is decetralized and you are the owner of it. Full Privacy enabled. In fact, some Blockchain Smartphone has the resources for running as Full Node.
Example of Smartphones:- Block On Block (BOB Smartphone), Samasung Galaxy S10, HTC Exodus etc.
Be ready for Blockchain Smartphone (these will be going to next revolution in Smartphone industry- My Opinion Only).
After (maybe impact of) Covid-19 Scenario of Major Crypto Assests
List of cryptocurrency that has gain over 100% in price after Covid-19.
Bitcoin (BTC):- BTC price in march was below $5000. To be precise, as of now,
Bitcoin price has over $11500. It means it has gain over **140%**.
Litecoin (LTC):- Similar situations had happened for Litecoin. As of March, it was trending around $30 but as of now it is over $60. It means
it has gain over **100%** during this period.
Ethereum (ETH) is price were trending around $110 in March but as of now it is over $430. That means increase around **300%**.
Dogecoin (DOGE):- Dogecoin price as of March were trending around $0.0015. But as of now it is over $0.0035, gain of over **140%**.
Monero (XMR):- XMR price were around $33 in March but as of now it is over $85. That is gain over 150%.
Ripple (XRP):- XRP price were around $0.13 but as of now it is over $0.28. That is gain of over **120%**.
As far as Bitcoin Cash (BCH) is concerned, market price were around $150 but as of now it is above $300. It meas, it has gained over **100%**.
Similarly, other Altcoins and Utility Tokens had shown appreciation in price. In fact, some of them were increase over 2000%!. Example- Bancor (BNT) Token and Band Protocol (BAND).
Concluding:- Bull Market after Covid-19.
Why #BCH and Not #BTC
Here I am giving out reasons (read carefully, very important) why you should adopt Bitcoin Cash (BCH) instead of Bitcoin (BTC):-
Very first reason, Bitcoin is supposed to be 'Peer to Peer Electronic cash', the vision which was seen by Satoshi Nakamato. But in reality it isn't for the simple reason i.e. So called Digital Gold. This isn't supposed to be and wasn't intended by the Creator!. Bitcoin Cash isn't Digital Gold but 'Digital Savior' for Peer to Peer.
Bitcoin Transaction fees is supposed to be low as much as that any amount could be sent at a low cost. As of writing this article, BTC tranaction fees is around $4 while BCH tranaction fees is $0.0014. See the difference yourself here https://bitcoinfees.cash https://bitcoinfees.cash/
Bitcoin doesn't allow 'Smart Contracts' while Bitcoin Cash will allow 'Smart Contracts'. Smart contracts are the type of contract in digital form (having code-base rule that self executes when certain conditions are met). (Optional to read https://cointelegraph.com/ethereum-for-beginners/what-are-smart-contracts-guide-for-beginners )
'Bank The Unbanked', yes it is true that it was supposed to be allow access to services such as a electronic cash payment for those who doesn't have Bank. But in reality, high transaction fees and tag as Digital Gold doesn't seem to fit this vision. Here, BCH has a way to Bank the Unbanked. Eatbch, read.cash and many more projects are in the way to facilitate this.
Bitcoin Cash is now spreading worldwide in case of Merchants Payment Acceptance while at the same time Bitcoin is losing them. https://read.cash/@CryptoSmart/updated-bch-4500-merchants-accept-bch-in-world-and-new-12500-people-adopted-bch-via-readcash-e8858058
OMG! Bitcoin network is supposed to be 'Reliable' for those who couldn't afford high transaction cost. But, in reality, if you don't pay high transaction fees, your transaction confirmation could made you wait for several hours/days. In case of BCH, having high capacity to handle many transactions , it is fast and secure (here discretion goes to Miner for Bitcoin if they willing to accept low transaction fees).
Bitcoin block size is limit to 1MB while Bitcoin cash is On-Scaling chain. That's the very reason Bitcoin Cash network is secure and high transaction capacity.
For Merchants:- Bitcoin doesn't allow '0-Conf' while Bitcoin Cash has '0-Conf' record as soon as customer sends payment to merchants and also prevent 'Double Spending Attack'.
Concluding:- Bitcoin Cash is censorship resistant while Bitcoin is not.
Bitcoin Cash as a peer to peer with truly decentralized is awaiting next milestone for the present and next generation to see here.
Thanks for reading. I hope you can see now why #BCH and not #BTC.
Fact Check:- Bitcoin (BTC) transaction fees is supposed to be low, according to the vision when it was created as a peer to peer by Satoshi Nakamato. But, in reality, it isn't.
That's where Bitcoin Cash (BCH) come to play as peer to peer having low fees 1 cent or less for most transaction.
Just Info:- As of today's date, Bitcoin (BTC) market capital is $217 Billion which is equivalent to Bank of America market capital around $216 Billion or more. Bitcoin Cash (BCH) market capital is over $5 Billion. More work to be needed and done for BCH.
Reminder:- On 12 Aug 1977 Thomas Edison invented 'Phonograph', an instrument for reproducing sound.
Implications: Amplification of sound and establishing new path for the sound instrument.
#BCH as a Peer to Peer Vs Money
Whats the definition of Money?
Well, according to Wikipedia, "**Money** is any item or verifiable record that is generally accepted as payment for goods and services and repayments of debts such as Taxes, in a particular country or **socioeconomic context**". (Underline emphasis from me to denote how #BCH could be used in reference to socioeconomic context)
From the definition, now you may have grasp what money actually is i.e. medium of exchange, store of value,measure of value (unit of account that could be measure for goods, services, or transactions). Socioeconomic context in the sense economic difference in the society as a whole (its really important as one can easily noticed via data that income distribution is severely affected due to centralization of fiat money nature.
As we all know, centralized nature of fiat money brings monetary and fiscal policy of a country that favors mostly ruled base approach i.e. existing system continue as it is. There is less chances that these approach will address the issue of economic inequality.
#BCH stands for the sound money which function as 'electronic peer to peer cash'. Sound money has a properties not to prone sudden appreciation (Inflation) or depreciation (Deflation) in the 'long term' in free market i.e has a self correcting mechanism.
As of now more than 87.6% BCH have been mined and there is still 2.6M BCH left to be mined https://news.bitcoin.com/bitcoin-cash-block-reward-halved-block-630000-mined/. It means next 2.6M coins will become harder to mine. i.e. as issuance of last coin will be in 2140 year. #BCH current price is above $300 as of 10th Aug 2020.
Lets go to our topic: role of #BCH to stands for economic equality (in the sense purchasing power capabilities of an individual) in the society as a whole.
As I have already said it has sound money properties which means we don't have to worry about inflation and deflation of #BCH in the long term.i.e. no more centralized policy and truly decentralized.
As more and more people and merchants are adopting BCH at global level, it will have several positive impact on the peoples daily lives : at least for three basic needs. Food, Cloth, and Shelter.
#BCH as a peer to peer will be benefited mostly to individual as far as transaction fees (having low fees), speed and intermediaries concern. i.e.no more intermediaries (in the way of Bank-less as a peer to peer).
Self Sovereign and financial independence is what promised #BCH.
Transparency of #BCH network transaction than corporate Bank.
Over 1.7 Billion people still don't have access to bank. This is where #BCH could be able to act as a peer to peer i.e 'Unbanked'. https://globalfindex.worldbank.org/sites/globalfindex/files/chapters/2017%20Findex%20full%20report_chapter2.pdf.
#BCH as a Sharing economy. In the sense, track of ownership and transaction where data is on public ledger rather than central location (in case of fiat).
Literally, #BCH could be utilizes in many ways for daily life.
#BCH income is pre-distribution rather than post-distribution .
#BCH will play proactive role in peoples daily life and help to reduce the gap of economic inequality that has affected millions of life.
Thanks for reading.
Guys, checkout below links to get Top-Up your mobile Number using BCH. I am providing links below:
1) https://www.bitrefill.com --> Support eGifts Cards and Mobile Top Up using #BCH but vial Coinbase account or other methods but not direct.
2) https://alfa.top --> Support Mobile Top Up using #BCH directly.
Latest update on #BCH acceptance by merchant store..https://read.cash/@CryptoSmart/updated-bch-4500-merchants-accept-bch-in-world-and-new-12500-people-adopted-bch-via-readcash-e8858058
Guys, I need your help. We do write article, earn, share knowledge due to only @read.cash vision : #BCH adoption by people like us. But that person we are missing now for this platform and for #BCH. On this occasion, literally I urge to everyone to write short post as '@read.cash please come back.' And forward your message to do same to your fellows/subscriber as '@read.cash please come back'. ❤️❤️❤️
Attention:- Watch live #BCHDay streaming on YouTube..https://youtu.be/EGddt-ryRDI
I had written an article on 'Life Lessons'
before 1 month see if it helps to you if you are feeling down..and please start all over gain on read.cash as someone had quoted https://read.cash/@CryptoSmart/life-lessons-b0e5195d#comment-22bc78c1
What's going on here for #BCH..why can't everyone agree to create certain norms that shall adhered by everyone while implementing decisions and bring everyone on the table...it's not about Bitcoin ABC, BCHN, Bitcoin Unlimited, BCHD and rest of them (Full Node Developers)..it's about people who trust peer to peer and #BCH..
BTC and ETH transaction fees shoot up again. From the last week's, BTC price rise and due to less volatile, causing the average transaction fees to rise over $3. Similarly, due to rise of DeFi protocols average gas fees has also rise to confirm transaction. If this trend continues, transaction fees will be more than as of now. What about #BCH..Well, it's price rise over 23% in the last 7days (as of now 267 but it has crosses 275 in 24 hours source: https://www.coingecko.com/en/coins/bitcoin-cash ) but it's transaction fees is 'only $0.0011'... I hope this will help..
Reminder (World War I):- Assassination of Austrian Duke Slav Ferdinand on 28th June 1914 by Slavic Nationalist marked as the trigger for 1st world war. Exactly after one month on '28th July 1914', Austria-Hungary declared war on this day against Slavic Country and marked as the begining of World War I.
This war was fought between 'Central Powers' ( mainly Germany, Austria-Hungary and Turkey) against 'Allies' ( mainly France , Japan, Great Britain, Russia and from 1917 US had joined).
Implications: Ended with defeat of Central powers but unprecedent in slaughter, destruction, loss of lives and had triggering event for the next World War II
If you are continuesly checking your points that how much it has increase/decrease/stop, random rewarder will punish you by not trusting on it!!!...😭😁😄👍
Reminder:- On 27th July 1953, Korean war (between North and South Korea) ended with 'Armistice Agreement' (meaning cessation of all hostilities and use of arms untill the peace treaty is signed). But that Peace treaty doesn't happened/signed as of today's date, so technically they are still at war.
On 25th July 1984, Svetlana Savitskaya became the 1st women to walk in space. 1st woman to travel in space was from USSR Valentina Tereshkova in 1963.
Also on 25th July 2007, Pratibhatai Patil became the 1st woman to become President of India. 1st woman Prime Minister was Indira Gandhi in 1966.
On 24th July 1969 Apollo 11 (spacecraft that were carrying 2 astronauts) lands in the Pacific Ocean, completing the first manned mission to land on the Moon. Neil Armstrong and Buzz Aldrin were hugely applauded for there contribution towards exploration of manned space mission..
Reminder:- On 23rd July 2012, 'Sally Ride' the 3rd woman to go in space was died. Her first space flight took place in 1983 as Space Shuttle Challenger. She became 1st US woman to do so.
1st woman to travel in space was from USSR Valentina Tereshkova in 1963 and 2nd was Svetlana Savitskaya in 1982.
22 July 2009 is marked for longest duration of 'Total Solar Eclipse's in 21st century. Total Solar Eclipse occurs when the moon passes between Sun and Earth, thereby completely obscuring the Earth's view of the Sun. It lasts for 6.3 minutes in SouthEast Asia and maximum duration is 7 minutes.
Next total solar eclipse will occur on 14th December 2020 in Southern Hemisphere of earth but won't be that much long.
I think Creating personal contest and making rules to subscribe profile is nothing short of buying subscriber. If Possible, run official contest so that contest will be authentic, credible, worthy for the tag 'Contest' (I mean 1 official running contest at a given time) and also simultaneously all users are participating. This is just my personal opinion it may be wrong so I stand to corrected it.
Reminder:- 21st July 1967 is marked as the death anniversary of 1st African Noble Peace Prize awardee 'Albert John Luthuli'. He was the teacher, religious leader and had non-violent struggle against racial discrimination in Africa. He was the President of African National Congress. You can get more information at https://en.m.wikipedia.org/wiki/Albert_Lutuli
@CryptoSmart
