Home / Blockchain / Tron (TRX) – The blockchain project to watch out for in 2019 – Crypto Recorder

Tron (TRX) – The blockchain project to watch out for in 2019 – Crypto Recorder

Like all other cryptocurrencies, Tron (TRX) has taken a major hit in 2018. However, in spite of this drop, Tron (TRX) is one of the projects that have been working at advancing themselves, irrespective of the price drop.  In 2018, Tron has launched its mainnet, bought bit-torrent, and has a growing number of Dapps in its ecosystem.  So far, several games have rolled out on the Tron blockchain, and many other Dapps are under development. This means that atcurrent prices, Tron is highly undervalued, making it primed for some major gainsonce the Bull Run returns.  

The fact thatit is heavily undervalued could explain why Tron’s volumes have been on therise in the last few weeks, helping push it back into the top 10, and overtakeother crypto heavy weights such as Monero (XMR) and Cardano (ADA). In fact, ifcurrent market dynamics continue into next week, Tron could possibly move up anotherspot and overtake Litecoin (LTC).

Going into 2019, Tron (TRX)will be the crypto to watch. It is expected that Tron’s project atlas will be released on the BitTorrent protocol in 2019, and it’s a big deal. It’s a big deal because it has the potential to make Tron a leader in web 3.0.  

As per the Tron team, under Project Atlas, users will be in full control over their data including how they produce and use it. On top of that, through project Atlas, anyone who can create content gets to benefit from it, as opposed to the current web2.0 were only a few internet giants get to benefit from user data. This is a big deal, one that could see Tron revolutionize the internet as we know it.

 The whole concept behind Tron’s project Atlasis public knowledge. The big question is, can Tron pull it off, and disrupt internet giants like YouTube in the internet space? That’s the thing to watch out for in2019, and if Tron’s past successes are anything to go by, then chances are that they could succeed on this front. For instance, earlier this year Justin Sunset out to beat Ethereum in the Dapps market, and they seem to be getting there. That’s because Tron’s transaction volumes have overtaken those of Ethereum as more Dapps develop on its blockchain. This is mainly because Tron has solved the biggest problem that Ethereum faces, and that’s scalability. Dapp’s developers on Tron can develop all sorts of applications without having to worry that inability to scale could hinder the efficiency of their applications. In essence, Tron has beat Ethereum, only that the price hasn’t matched it, butthat’s speculative and may take some time.

Therefore, if through project Atlas Tron is looking to outcompete centralized internet giants that thrive on user data, then it is something to be taken seriously. Not only is the Tron team aggressive and ambitious, they are also supported by an increased level of awareness by internet users about the importance of their data. This explains the increased calls for regulations around the use of personal data by third parties. As this awareness grows, decentralized platforms that allow users to profit from their data will thrive. This places project atlas and Tron (TRX) ina good position to grow exponentially in 2019.

Source link

Check Also

The blockchain/crypto week at a glance

BitPay bigs up Bitcoin Crypto payment service provider BitPay processed over $1 billion in transactions …