cypheriumcommunity

[cypheriumcommunity]

Cypherium Public Sale Begins!

With the release of the public sale information, both pre-sale and public sale purchases will be locked. Please see image above for the vesting schedule.

The public token sale will take place on Monday, September 14th via the TokenSoft Platform. 

Registration for the sale will take place on September 9th at which time further details (token distribution, timeline, etc) of the public sale will be announced.

A total of 300 million tokens will be sold. This is a significant reduction from our original plan of 400 million to favor our community.

The sale will be conducted in two phases.

Phase 1 will sell 200 million tokens at a price of $0.25 USD per CPH. After that point, we will move onto Phase 2, in which 100 million tokens will be made available at a price of $0.28 USD per CPH.

Any leftover tokens will be reallocated to the Cypherium ecosystem fund for use at a future date. #cypherium#chp

Please read more information from this link: https://saleinfo.cypherium.io/

this post first appeared on Cypherium Community at https://cypherium.community/cypherium-public-sale-begins/

[cypheriumcommunity]

Can Cypherium be My Next Moon Bag After ChainLink !!!

When I first brought my Chainlink in Dec 2018, it was valued at 0.35. I brought 4000 units of Chainlink at 0.35 per coin ( Total Cost $1400). In the coming week, the price crashed to 0.20. Irrespective of taking huge losses, I still didn’t sell my Link as I had trust in the project. 

I came across various twitter accounts giving negative predictions about Link and how this can again go down further but I kept HOLDing. 

Now you may ask why? 

To invest in a project and to understand its future value, we need to put some efforts to do a little bit of research about the project as well as the impact it can make in the future. 

What Is Chainlink

ChainLink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. LINK is the digital asset token used to pay for services on the network.

In the Ethereum Scheme of Things, Chainlink is very important. With ChainLink, smart contract users can use the network’s oracles to retrieve data from off-chain application program interfaces (APIs), data pools, and other resources and integrate them into the blockchain. Basically, ChainLink takes information that is external to blockchain applications and puts it on-chain.

For many of the blockchain protocols out there, oracles like ChainLink will be necessary to access the data that these protocols need to operate. As such, ChainLink is, as it names suggest, the link that connects blockchain to existing infrastructure.

For me, I have understood that Etherum smart contracts have a huge potential, and these smart contracts needed real-time price feed data collected from sources both on and off blockchains. Chainlink was the first mover in this direction and that paid off really well. 

I have recently sold the bulk of my LINK portfolio in the recent pump. This is not because I don’t see any future with LINK, But I feel i can generate more profits with new projects 

I Belive in HOLDing. If I break down my portfolio, 80% of them are long HOLDs. 20% of them are for gamble the uniswap shit/farmcoin frenzy. I belive these Quick Rich projects that come out daily will continue for couple of months. After that what can survive are the projects that have solid base with future outlook.

Central Bank Digital Currency — The next big thing !!

Recently Philadelphia’s Federal Reserve bank president Patrick Harker came out with a remarkable statement that it is “inevitable” for the central banks, including the U.S. Federal Reserve, to start issuing digital currency. This is a great leap for blockchain from being labeled as a Ponzi in the past and now attaining a status of legitimacy.

As per a research report published by Bank for International Settlements (BIS), 70% of banks are engaged in or about to start CBDC work, and of these more than half are exploring both general purpose and wholesale CBDCs.

Lets first have a look into the concept of digital currency. As defined by IBM

A central bank digital currency is a digital extension of a central bank’s medium of exchangeable to permanently settle transactions between parties. The central bank is able to remove credit risk and ensure stability by guaranteeing the value of the CBDC with blockchain, exactly like paper money.

The present concept of CBDCs was directly inspired by Bitcoin, but CBDC is different from virtual currency and cryptocurrency, which are not issued by the state and lack the legal tender status declared by the government. Proposed implementations may not even use any sort of distributed ledger

In the beginning, CBDC was a slow-moving project. With the arrival of Facebook LIBRA, the development of CBDC became a high priority for Most of the nations. This is how I came across Cypherium.

Cypherium

Cypherium is an enterprise-ready blockchain project, which is designed to be highly scalable and robust which utilizes a hybrid design that features a joint Proof-of-Work (PoW) and HotStuff (Also adopted by Facebook’s Libra) consensus mechanism that can allegedly achieve thousands of transactions per second without sacrificing decentralization. Cypherium is designed in such a way to focuses on achieving scalability, decentralization, and commercialization viability.

If you want to have a detailed read about the project, you can read here 

Can Cypherium pull a LINK performance?

For me, Yes. Why? .

I base my argument on the belief that I will be holding this project for at least a couple of months to come. These are not quick buy- sell that you can make an instant profit/loss

If you want to make good profits (10–15x in NOOBS term), the best option is to have your entry in the beginning. Either you have to get the tokens in ICO or wait for the listing and time your entry (Most the quick flippers sell their token which will lead to massive price drops). 

Once the dust settles, most of the projects go through an accumulation phase, and once it gains enough goodwill in the market it booms. Chainlink was trading in the range $.20 to $ .30 for a couple of months and now it’s trading at $13– $15. It took almost 2 years for LINK to reach here , Hope you got the point 

LINK was the first mover when it came to Oracles. Similarly, When it comes to CBDC, Cypherium has the edge. Cypherium has formed a Thinktank called Official Forum of Monetary and Financial Institutions (OMFIF) which is now leading research and development in the field of CBDC. 

Most of the leading Central Banks are part of the initiative and it is expected that all these CBDC, if launched, will be running on Cypherium blockchain (High Chances). That means huge goodwill for the project, Huge upside for the CPT coins

One of the greatest strengths of LINK is its partnerships. Similar to LINK Cypherium has already made Cypherium Enterprise available as Blockchain-as-a-Service for enterprise customers through the stack platforms of Google, Amazon, Microsoft, and IBM.

Cypherium is already a part of IC3 alliance in which Chainlink is also a part of. This means again more positive for the project to go up 

All of these are my assumptions. This can even go wrong. But that the risk I am willing to take.I am sure this will pay off very positively for me 

this post first appeared on Cypherium Community at https://cypherium.community/can-cypherium-be-my-next-moon-bag-after-chainlink/

[cypheriumcommunity]

Cypherium Public Sale Announced

We are elated to finally offer the Cypherium Token #CPH to the public via the Public Sale. Come take a look at the most recent updates published by the team. Fight on #CypherTroopers! https://medium.com/cypherium/update-cypherium-public-sale-announcement-1ddeb54e9b4e

this post first appeared on Cypherium Community at https://cypherium.community/cypherium-public-sale-announced/

[cypheriumcommunity]

Cypherium – Represents Decentralized Tech with Foreign Banks

Cypherium CEO, Sky Guo, represents the decentralized technologies space and speaks alongside representatives from the Bank of England, Swiss National Bank, Hungarian National Bank, and ING to discuss how blockchain can benefit #CBDC. https://cointelegraph.com/news/bank-of-england-joins-key-roundtable-on-central-bank-digital-currency-design

this post first appeared on Cypherium Community at https://cypherium.community/cypherium-represents-decentralized-tech-with-foreign-banks-2/

[cypheriumcommunity]

Cypherium – Bank of Thailand Leverages Smart Contracts

Cypherium CEO, Sky Guo, explains how the Bank of Thailand can leverage smart contracts and #DeFi implementations for #CBDC development. https://cointelegraph.com/news/thailands-central-bank-eyes-defi-use-cases-for-its-digital-baht

this post first appeared on Cypherium Community at https://cypherium.community/cypherium-bank-of-thailand-leverages-smart-contracts-2/

[cypheriumcommunity]

Cypherium – Public Sale Announcement

The Cypherium team is extremely pleased to announce that our public token sale will be conducted just prior to our mainnet launch. Get Cypher, Get Future. https://medium.com/cypherium/cypherium-public-sale-announcement-7f819c3ade1

this post first appeared on Cypherium Community at https://cypherium.community/cypherium-public-sale-announcement-2/

[cypheriumcommunity]

Cypherium – Partnership Driving CBDC Adoption.

Currencies themselves are a social tool, a form of community relation. A partnership-driven approach is the only way to ensure that #CBDCs reach their fullest potential. Take a read here. https://medium.com/cypherium/cypherium-partnerships-driving-cbdc-adoption-b41e6f6ebf62

this post first appeared on Cypherium Community at https://cypherium.community/cypherium-partnership-driving-cbdc-adoption-2/

[cypheriumcommunity]

CBDC’s Potential in the Next Five Years

Cypherium CEO, Sky Guo, discusses the inevitable adoption of #CBDCs in the next five years with the Tokenist. https://thetokenist.io/omfif-founding-member-we-may-see-major-cbdc-adoption-in-next-five-years/

this post first appeared on Cypherium Community at https://cypherium.community/cbdcs-potential-in-the-next-five-years-2/

[cypheriumcommunity]

Cypherium Piloting CBDCs Implementation and MOU with Suzhou City in China

Suzhou City Municipal is a major economic center piloting China’s #CBDC and Cypherium will help provide an interoperability framework to the city’s blockchain development. Take a read on Cointelegraph. https://cointelegraph.com/news/cypherium-to-assist-china-in-advancing-blockchain-city-infrastructure?utm_source=Telegram&utm_medium=social

this post first appeared on Cypherium Community at https://cypherium.community/cypherium-piloting-cbdcs-implementation-and-mou-with-suzhou-city-in-china-2/

[cypheriumcommunity]

Cypherium – Opportunities in CBDCs

Central Bank Digital Currencies (CBDCs) aren’t merely a rep­re­sen­ta­tion of money, but money it­self. This week, we share our thoughts on the opportunities in the market for #CBDCs. https://medium.com/cypherium/cypherium-opportunities-in-the-market-for-cbdcs-8c66e635b9f2

this post first appeared on Cypherium Community at https://cypherium.community/cypherium-opportunities-in-cbdcs-2/

[cypheriumcommunity]

Cypherium’s Interoperability – Unlocking the Full Potential of CBDCs

Cypherium CEO Sky Guo explains why #CBDC interoperability is essential to unlock the full potential of CBDCs. http://www.chinabankingnews.com/2020/07/19/cross-chain-compatibility-will-unlock-the-full-potential-of-cbdcs-sky-guo/

this post first appeared on Cypherium Community at https://cypherium.community/cypheriums-interoperability-unlocking-the-full-potential-of-cbdcs-2/

[cypheriumcommunity]

Cross Border Payment with Cypherium

At Cypherium, we predict the imminent arrival of #CBDC cross border payments. We’ve repeatedly demonstrated the importance of an interconnected financial system through our #DCIF and partnerships with @Faster_Payments and @OMFIF DMI. https://cointelegraph.com/news/cypherium-ceo-predicts-cbdc-cross-border-payments-soon

this post first appeared on Cypherium Community at https://cypherium.community/cross-border-payment-with-cypherium-2/

[cypheriumcommunity]

Cypherium – Barriers to CBDC Adoption

Despite such promise and excitement, CBDCs are a long way away from realizing their true potential. As a founding member at OMFIF Digital Monetary Institute and USFPC, we share  our thoughts on the barriers to CBDC adoption. https://medium.com/cypherium/cypherium-barriers-to-cbdc-adoption-83b8c8271d2

this post first appeared on Cypherium Community at https://cypherium.community/cypherium-barriers-to-cbdc-adoption-2/

[cypheriumcommunity]

Cypherium’s Multi-Governance Protocols

Cypherium is a truly decentralized and scalable protocol, combined with an accessible and intuitive user interface to create groundbreaking apps. https://medium.com/cypherium/cypherium-multi-governance-customized-protocols-e671fce58903

this post first appeared on Cypherium Community at https://cypherium.community/cypheriums-multi-governance-protocols-2/

[cypheriumcommunity]

Cypherium Collaborates with Chainlink

Cypherium is proud to be collaborating with Chainlink. Through access to Chainlink’s secure and reliable Oracle capabilities, Cypherium can optimize the blockchain implementation for global enterprises. https://medium.com/cypherium/cypherium-collaborates-with-chainlink-to-provide-smart-contract-oracles-to-global-enterprise-9910136d7fbc

this post first appeared on Cypherium Community at https://cypherium.community/cypherium-collaborates-with-chainlink-2/

[cypheriumcommunity]

Cypherium’s Ambassador Program

We are launching the Cypherium Ambassador Program to grow our community. Join now: 

https://medium.com/cypherium/announcing-the-cypherium-ambassador-program-935bb97a6af5

this post first appeared on Cypherium Community at https://cypherium.community/cypheriums-ambassador-program-2/

[cypheriumcommunity]

Cypherium and the 5G Network

Learn how Cypherium will become the backbone of the 5G technology. https://www.nasdaq.com/articles/the-future-of-5g-should-be-decentralized-2019-10-21

this post first appeared on Cypherium Community at https://cypherium.community/cypherium-and-the-5g-network-2/