#Ethereum App Development Washington
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perfectiongeeks · 2 years ago
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Ethereum App Development Company | Perfectiongeeks
PerfectionGeeks has a team of highly qualified and skilled Ethereum developers with years of experience when it comes to developing business solutions with the infusion of Ethereum blockchain. We will help you with Ethereum D-app which will allow you to serve your customers as per the specific purpose. These applications are exclusively developed upon the Blockchain network. With the use of trending tools and features of emerging technology, PerfectionGeeks help clients to develop robust Ethereum blockchain applications which will boost their business processes.
Visit us:
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weekinethereum · 7 years ago
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April 19, 2018
News and Links
Protocol
VB: A general theory of what quadratically sharded validation *is*
Justin Drake: Application-layer account abstraction
VB: A recap of where we’re at on account abstraction
JD: Safe notary pool size
Jannik Luhn: Torus-shaped sharding network
Prsymatic’s second bi-weekly sharding update: focusing on the Torus-shape paradigm and libp2p for networking as well as local shard state storage.
Stuff for developers
Solidity v0.4.22: dynamic returns, error messages for revert and require, safer constructors, ABI encoding utils, etc
New Etherscan feature: contract event log filter
Tutorial: create a “shark of the pool” dapp with React
web3.swift v0.1 if you like making native iOS apps
Typescript, Solstice, Webpack dapp template
Save your users from paying gas for transactions
Software licences as non-fungible tokens
Richard Moore: Code example to verify message strings in Solidity
Andrew Miller’s minimalist duplex payment channel
Schedule ERC20 token transfers with Ethereum Alarm Clock (on Kovan testnet for now)
ConsenSys Academy registrations are now open for the 2018 developer program
What things you should put on Gitcoin
Zeppelin: Upgradeability using unstructured storage
Flint: a new statically-typed language aimed at code security. Under development.
Releases
Parity v1.10.1 — warp to a specific minimum block number
Geth v1.8.4 — 40% faster blocks!
Akasha v0.7 — now a web app using MetaMask
Status v0.9.17 — improved whisper so that battery and data usage are down by an order of magnitude
Ecosystem
Alex Van de Sande looks at what would happen to dapps in the event of a fork
Etherchain has some coinvotes going on about ASICs and hard cap, but the most votes are on EIP999 to unfreeze the Parity multi-sig fund
Richard Burton: we need better ways to get data out of Ethereum
Managing Identity with a UI for ERC 725
MyCrypto beta is ready for public use. Plus, securely sign transactions offline with MyCrypto beta and Parity Signer
How to renew or release your ENS name. If a year is up, you can release and get your deposit back. To keep your name, you don’t have to do anything.
EIP/ERC/governance — thanks to Nick Johnson for assistance
EIP999 — state modification to unfreeze the Parity multisig. Main discussion thread. (new)
Discussion continues on EIP960 — hard cap of Ether supply. Vlad also wrote a response, which Vitalik responded to. And Vlad's counter response (updated)
ERC994 — delegated NFTs for “registration of land and physical property” (new)
ERC995 — an ERC20 extension to allow execution of calls inside transfer and approvals based on ERC827 (new)
ERC998 — “Composable Non-Fungible Token Standard” (new)
ERC1001 — a private key URI standard (new)
ERC1003 — ERC20 extension “for tokens with method that allows safely pass and handle tokens into smart contracts” (new)
Discussion on ERC930’s standard for eternal storage (updated)
(heated) discussion onERC792’s arbitration standard (updated)
Project Updates
Colony Q2 Update
Golem’s next steps post-mainnet release
Insights from the Balanc3 Beta
FunFair announces its first partnership with an outside game developer
Melonport’s phase 3 - governance, price feeds, etc
RexMLS is changing its name to Imbrex
April Raiden dev update
Bounties for social impact
Kauri launching on Rinkeby in May with a competition for technical content
Loom is now planning to implement Plasma for its Dappchains
Cofound.it’s 2018 roadmap to becoming a platform
Barrons and Marketwatch to become BAT verified publishers and Brave users will get access to their premium content.
Interviews, Podcasts, Videos, Talks
Jon Choi talks Ethereum grants and ecosystem on Zero Knowledge
Fabian Vogelsteller on Hashing It Out
Nick Johnson on the Fireside Crypto podcast
Carolyn Reckhow on the Bitcoin Podcast
Aaron Wright talks OpenLaw on Blockchain Guy podcast
My podcast interviews with the five initial Ethereum Community Fund grantees: Prysmatic Labs, EthPrize, Reality Check, Swingby, XLNT
Tokens
This week, Savedroid pretended to pull an exit scam to “teach us a lesson.” Or something. I’m not going to link to their PR stunt.
a16z/USV lead group to ask SEC for a safe harbor exemption.
ConcourseQ’s token curated feed got its first revenue
Now that tax season is over, everyone thinks it is time to get long. Here’s Pantera’s rationale.
Buy Virtue Poker’s tokens, play in the World Series Of Poker
Of course Cambridge Analytica was planning an “ICO”
General
Kent Barton argues that we should avoid crypto tribalism.
Coinbase bought Earn.com to make Balaji Srinivasan the CTO and also bought Cipher to work on Toshi
FastCompany on Circles universal basic income
MIT Tech Review looks at the Jordan refugee camp using Parity
Energy Web Foundation using Parity for private, permissioned and WebAssembly
Even Ethereum’s competitors in the enterprise space are starting to realize that public chains are inevitable
Dates of Note
Upcoming dates of note:
April 24 – Oslo Blockchain Day in Norway. 20% off with discount code EVAN
April 25 -- Virtue Poker sale
April 27-29 -- Hackital Eth hackathon in Washington, DC
May 3-5 -- Edcon in Toronto
May 7-11 -- Swarm Summit in Ljubljana
May 10 -- Fluidity Summit on finance (NYC)
May 11-12 -- Ethereal (NYC) — use discount code EtherealFriendsNFam until May 1
May 15 -- Kleros sale
May 16-17 -- Token Summit (NYC)
May 17-19 -- Melonport hackthon in Zug
May 18-20 -- EthMemphis hackathon
May 25-27 -- EthBuenosAires hackathon (register by April 21)
June 1 -- Blockchain for Social Impact Conference (Washington, DC)
If you appreciate this newsletter, thank ConsenSys
I'm thankful that ConsenSys has brought me on as an employee and given me time to do this newsletter. Also, there’s nearly 200 job openings at ConsenSys right now if you’re looking to join the ecosystem full time.
Joseph Lubin, Amber Baldet, Aya Miyaguchi, Michael Casey, Yorke Rhodes, Sheila Warren, etc kick off Blockchain Week at Ethereal Summit. You can get tickets at EtherealSummit.com with discount code "EtherealFriendsNFam" for $500 off cover price.
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Editorial control is 100% me.  If you're unhappy with editorial decisions, blame me first and last.
Shameless self-promotion
Here's the link to this issue: http://www.weekinethereum.com/post/173096001428/april-19-2018 Most of what I link to I tweet first: @evan_van_ness
I also have an Ethereum podcast on the Bitcoin Podcast network.
This newsletter is supported by ConsenSys, which is perpetually hiring if you’re interested.
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nicholas-martin · 6 years ago
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Libra, Facebook's proposed new digital currency, is not receiving a warm welcome
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Facebook's Mark Zuckerberg wants to launch a global currency and change the world of finance for billions of people. But many - including powerful politicians, bank chiefs and regulators - don't like the idea one bit. "I don't think you should launch Libra at all," said US congresswoman Carolyn Maloney at a hearing in Washington in July. US President Donald Trump, leaders of the G7 nations, and the head of the Bank of England, Mark Carney, have all expressed concerns about Libra, too. Now the UK's Information Commissioner's Office has joined the chorus of sceptics. 
Some bystanders assume that because Facebook has used terms like "blockchain" and "decentralised" in its statements about Libra, that it is a system like Bitcoin.  In other words, that it would be a grassroots digital currency that anyone can buy into and which would be extremely difficult to shut down. But Libra really isn't anything like Bitcoin. It will, in fact, be managed centrally - a basket of other currencies and assets will be used to set the value of Libra, keeping it much more stable than highly volatile Bitcoin. 
And, of course, Calibra - a digital wallet for Libra - will be built directly into some of the world's most popular apps: Facebook, WhatsApp and Instagram. Facebook Inc owns them all. Financial bigwigs are upset because Facebook, a corporation, appears to want to take on a government-like role, creating a currency and perhaps even influencing monetary policy. Everyone invested in that currency then becomes subject to the whims of the Libra Association. And should Libra become popular, it could end up impacting other currencies and national economies, critics fear. Those, like Carolyn Maloney, who think this should all be stopped in its tracks, do have some tricks up their sleeves. That's probably why Facebook has promised to come to an agreement with regulators before launching Libra. 
Virtual currencies you use to trade items in online games such as World of Warcraft, or commodity-like cryptocurrencies such as Bitcoin and Ethereum, are essentially exempt from the strict regulations that can be applied to national currencies and stocks and shares. But Libra will likely have to face some kind of regulation because it could become too big to be ignored. For example, in developing countries, where many living there rely on payment transfers from citizens working abroad. These transfers, known as remittances, are subject to high fees that the G20 nations have promised to tackle. But Facebook could disrupt the whole system overnight, if people in those countries switch to Libra instead. It could do what M-Pesa, a digital currency popular in some African countries, has long sought to do - but on a much bigger scale. That might be useful in the short term for those so reliant on remittances. But widespread use of Libra could also affect the economy of an entire developing nation, some believe - for better or for worse. To supervise Libra properly, regulators everywhere must ask themselves what sort of financial instrument it is. No-one has a good answer yet, Facebook's own white paper about Libra being pretty vague. 
Regulators and politicians have essentially been thrown a gauntlet by the tech giant: you tell us what sort of scrutiny our brand new currency might receive, and we'll respond accordingly. But if, at the end of the day, it is classed as a security, then it may not work as a currency and we might see Facebook abandon the project, because securities, tradeable financial assets like stocks and bonds, are very tightly regulated. But maybe regulators will class Libra as a payment instrument or, possibly, a new kind of security that faces slightly less draconian regulation. 
Once national regulators decide how they want to treat Libra, the main tool they can use to ratify it is licensing. Facebook would need to apply for a licence in any country where it wants to offer Calibra as a payment tool. And to get those licences the company would have to show that it can detect and stop money laundering, and the financing of terrorism, for example. Facebook or its subsidiaries might also need licences to operate as financial trading institutions, again depending on how regulators view Libra. Attempting to ignore these licences and standards would not end well, because it would turn Facebook into a maverick, law-breaking organisation.
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theblockchaincafe · 6 years ago
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What Is Cryptocurrency Wallet? Types of Wallets
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Owning a cryptocurrency is exciting. The excitement comes from the fact it has created the biggest revolution in the history of mankind. Many people around the world own cryptocurrency. The question is that where cryptocurrency owners store their cryptocurrencies? A cryptocurrency wallet is a place where users can store their public and private keys. A public key is a cryptographic key used to encrypt a message. While a private key is also a cryptographic key, but it is used to decrypt the message. There are different kinds of cryptocurrency wallets. 
Hardware Wallet
A hardware wallet is connected to the internet only for cryptocurrency transactions. But it is stored offline. It is actually a USB-like device. TREZOR wallet, Ledger Nano S wallet, and KeepKey wallet are some of the hardware wallets. Both keys are stored in a protected area of a control device called microcontroller. The main purpose of the control device is to incorporate a microprocessor. It is difficult to transfer them out of the control device in unencrypted form. TREZOR: It is the first Bitcoin hardware wallet. It doesn't only store Bitcoin, but it also stores other cryptocurrencies such as BTC, BCH, BTG, LTC, DASH, DOGE, ETC, ETH, ERC20, NEM, NMC, ZEC, EXP, UBQ. It was launched in 2014. PIN protection, Recovery seed, Single-purpose device, and Limited attack surface are the features of TREZOR.  Ledger Nano S: It can be connected to a computer with the help of USB. It has a built-in OLED display to double-check and confirm transactions. It was launched in 2016. It supports cryptocurrencies like BTC, XRP, ETH, BCH, EOS, XLM, LTC, TRX, ADA, MIOTA, BNB, XMR, DASH, NEO, ETC, ZEC, XTZ, WAVES, DOGE, VET, etc. It requires Google Chrome or Chromium. One USB cable, Lanyard, One keychain, One key ring, and Recovery sheet are features of Ledger Nano S. It is compatible with Windows (7+), Mac (10.8+), Linux, and Chrome OS. KeepKey: It is a multi-currency hardware wallet used to secure Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Dash (DASH), and Namecoin (NMC). It was launched in 2015. Backup Seed is a feature of KeepKey. It is compatible with PC, Mac, Linux, and Android.
Desktop Wallet
A desktop wallet is an application downloaded and installed on a desktop or laptop. It is actually stored on a hard drive. If a customer downloads and installs an application from an XYZ computer, then he will have to use the XYZ computer only for every transaction. Make sure to protect your hard drive from viruses, otherwise, you can lose your cryptocurrency. Bitcoin Core, Armory, and Exodus are some of the desktop wallets.  Armory: It supports only Bitcoin (BTC). Hierarchical deterministic(HD) and multi-signature support are the features of Armory. It was created in 2012. It is compatible with Microsoft Windows, Apple Mac OSX, Linux Ubuntu, and Raspberry Pi. Exodus: It supports cryptocurrencies like BTC, BCH, BTG, LTC, ETH, DASH, ETC, VTC, FUN, DCR, EOS, ANT, GNO, OMG, BAT, etc. It was launched in 2016. An easy-to-use UI is a feature of Exodus. It is compatible with Windows (64-bit), Mac OS, and Linux. Electrum: It is a client-server protocol-based lightweight Bitcoin client. It was released in 2011. It supports only Bitcoin (BTC). It is not only available for Desktops, but it is also available for Mobiles. It is compatible with Windows, Mac, and Linux.
Mobile Wallet
A mobile wallet comes in the form of an app. You have to download and install the app. The mobile wallet has a feature like a QR code. You have to scan the QR code for payments. Abra, Airbitz, and Bread are some of the Mobile wallets. You have to safeguard your mobile wallet against keylogging, viruses, etc. Mycelium: It supports only Bitcoin (BTC). HD (Hierarchical Deterministic), Bit ID (open protocol), Single Address Accounts, “Watch Only” Accounts are features of Mycelium. 2008 is the year when Mycelium began as a team of hardware engineers. Mycelium launched three products such as Wallet, Entropy, and Gear in the Bitcoin area. It is compatible with Android and iPhone. Airbitz: Airbitz was founded in 2013. Airbitz Bitcoin wallet is the popular development of Airbitz. It supports cryptocurrencies like BTC, BCH, ETH, LTC, XMR, XRP, DASH, REP, WINGS, IND, XZC, FTC. Beginner-friendly, two-factor authentication, and decentralized servers are features of Airbitz. It is compatible with Android and Apple iPhone. Bread: It supports only Bitcoin (BTC). It was created in 2013. Easy to use, Touch-ID login option, Built-in customer support section, and Bread app can be used directly for buying BTC are features of Bread. It is compatible with iOS (including Apple Watch) and Android.
Paper Wallet
A paper wallet is an offline wallet. It is actually a piece of paper. Public and private keys are printed on the piece of paper. They can also be printed on either a plastic material or any other material which is durable. They are printed in the form of QR codes. Customers can scan QR codes for transactions. They have to keep their paper wallets in a safe place, otherwise, there is a chance of funds losing. BitAddress.org, BitcoinpaperWallet.com, and WalletGenerator.net are the open-source wallet generators used to generate paper wallets. Once the keys are generated, then the customers must delete their history on the internet.  BitAddress.org BitcoinpaperWallet.com WalletGenerator.net
Web Wallet
A web wallet is an online wallet. Third parties or cryptocurrency exchanges manage web wallets. Private and public keys of customers are held by them. Crypto exchanges such as Coinbase, Bitpanda, and BuyUcoin provide web wallets. It runs on the Cloud. You can use the web wallet from any parts of the world. Service providers store all data on central servers.  Coinbase: Coinbase is a crypto exchange which was founded in 2012. It is headquartered in San Francisco, California. Customers can buy, sell, and store cryptocurrency. It supports cryptocurrencies like Ripple (XRP), Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Zcash (ZEC), etc. Bitpanda: Bitpanda is a Vienna, Austria based cryptocurrency exchange. It was founded in 2014. Customers can buy, sell, store, and trade cryptocurrency. It supports cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Pantos (PAN), Bitcoin Cash (BCH), Litecoin (LTC), etc. BuyUcoin: It is a New Delhi based cryptocurrency exchange. It was founded in 2016. Customers can buy, sell, and exchange cryptocurrency. It supports cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Neo (NEO), Dash (DASH), OmiseGo (OMG), NEM (ZEM), etc.
Hot Wallet
A hot wallet is an online wallet. It is having a connection of the Internet. Bitstamp, Poloniex, and Bittrex are some of the hot wallets. They store funds of customers within their own infrastructure and servers. Bitstamp: Bitstamp is a crypto exchange headquartered in London, United Kingdom. It was founded in 2011. Customers can buy and sell cryptocurrency. It supports cryptocurrencies such as Bitcoin (BTC), Ripple (XRP), Litecoin (LTC), Ethereum (ETH), and Bitcoin Cash (BCH). Poloniex: It was founded in2014. It is headquartered in Wilmington, Delaware, United States. Customers can buy, sell, trade, and store cryptocurrency. It supports cryptocurrencies like BTC, ETH, and many more. Bittrex: It is headquartered in Seattle, Washington. It was founded in 2013. Customers can buy and sell cryptocurrency. It supports cryptocurrencies like BTC, USDT, XRP, LTC, ETH.
Cold Wallet
A cold wallet is an offline wallet. It is not having a connection to the Internet. Users will have full control over their funds. It is easy to protect the cold wallet from unauthorized access. Paper wallets and hardware wallets are examples of Cold wallets.  
Software Wallet
A software wallet is an application stored on a computer’s hard drive. Users will have full control over their funds. Electrum and Coinomi are some of the software wallets.  Copay: You can install Copay on mobile devices and PCs as well. Bitcoin (BTC) and Bitcoin Cash (BCH) are two cryptocurrencies supported by Copay. It was released in 2015. Multi-signatures, Multiple accounts, Open source, Free to use, and User-friendly are features of Copay. It is available on platforms like Windows, Mac OS X, Linux, Android, and iOS. Jaxx: It is a Bitcoin software wallet. It also supports cryptocurrencies such as Bitcoin, Dash, Ethereum, Litecoin, Bitcoin Cash, etc. Cross-platform pairing, User-friendliness, and Internal Cryptocurrency Exchange are features of the software wallet. It was created in 2014. It supports Desktop, Mobile, and Web (Online). It is available on platforms like Windows, Apple & Linux Desktop, Android, iOS Mobile & Tablet, and Google Chrome & Firefox Extensions. Atomic Wallet: It supports cryptocurrencies such as BTC, LTC, ETH, TRX, XMR, DGB, QTUM, XLM, ZEC, XRP, BCH, ETC, DASH, AWC, BTG, DOGE, TPAY, VET, VTHO, DCR, etc. It supports Desktop. User-friendly, Atomic swapping, and Decentralized Currency Trading are features of Atomic Wallet. It is available on platforms like Android, iOS, Windows, Mac OS, and Linux. Read the full article
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quicklycybermoon-blog · 6 years ago
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EOS Hinted about something Happening in June
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Dan Larimer, the founder of EOS, took to the company's Telegram chat to reveal some spicy news. Though Larimer did not say anything specific apart from some upcoming news in June, his actions quickly pumped the hype, spreading across social media almost immediately. The company behind EOS, Block.One, simultaneously made a pre-announcement regarding an event in Washington, which is expected to take place on June 1. As of writing, we couldn't find any high-end technology events listed for this date, which makes us think that it will be EOS to reveal the exact nature of the supposed conference in the near future. According to Larimer's words, this is going to be the biggest event since the launch of EOSIO. There is however an invite page were curious visitors can pre-register for B1June and get the latest updates related to it. EOS is by far the favorite public blockchain of the Chinese government as seen here. The company has secured a handful of partnerships even though the network suffered a coin loss due to some exploited smart contracts. On the other hand, EOS remains one of the fastest blockchain projects globally, which is its strongest hand actually. Blocktivity shows that on average the EOS blockchain settles over 20 million transactions on a daily basis. The daily record stands at the staggering 48 million transactions. Compared to dApps usage, EOS largely outperforms rival networks such as Ethereum, where there is a very small community of people using distributed apps. CoinMarketCap has given EOS 907 “Health” points, which is a relatively high Fundamental Crypto Asset Score (FCAS). There are several factors that impact FCAS – asset maturity, user activity, and developer achievements being just a small portion of them. In terms of RAM resource, the blockchain has hit a new low at 0,04 EOS per kB. Put simply this means better and faster user experience, especially when it comes to dApp usage. The network is expected to get more traction once it opens its APIs and integrates with other projects. Not everyone is that is excited, however. One Twitter user replied: “Announcement of an announcement 2 months out nice. Crypto never changes“ Read the full article
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bowsetter · 7 years ago
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The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in Singapore
The majority of cryptocurrency traders recorded losses on their investments last month, according to a report we’ve covered in The Daily. In this edition, we also look at the new debit cards allowing customers in Singapore to spend cryptocurrencies anywhere Visa is accepted and the decision of a large cryptocurrency mining company to move one of its farms from Sweden to Colorado.
Also read: Royal Mint Drops Digital Gold, Malta Issues Warning About Trading Platform
Report Depicts Bleak September
September was a busy but not an optimistic month for the crypto space, according to a report published by OK Blockchain Capital – the investment arm of OK Group, operator of cryptocurrency exchange Okex. The monthly survey among investors found that most of them had suffered small losses (25.47%), “essentially flat” (24.53%) or large losses (23.58%). A little over 14.15% of traders made small gains, while another 5.19% remained on the sidelines. The market situation was rather bleak, the authors have concluded.  
The study confirms a continued downward trend in the value of digital assets throughout September. However, the trading volume rebounded significantly toward the end of the period. According to the aggregated data, the average global daily market cap of digital assets was $211.103 billion, down 10.27% from August. At the same time, the transaction volume reached $13.526 billion, up 5.15%. The top three cryptocurrency holdings last month were BTC (23.11%), EOS (16.04%) and ETH (12.26%).
The report also lists the industry buzzwords for September, including stablecoins, bitcoin mining machines, Bitmain, and the Ethereum “Difficulty Bomb.” Iran’s decision to recognize cryptocurrency mining, the ongoing court proceedings around the RBI ban in India, and regulatory developments in Japan and the United States are mentioned among the most important global policy news items.  
Crypto Debit Cards Issued to Customers in Singapore
Cryptocurrency platform and payment provider Crypto.com has announced it is now shipping the new MCO Visa Cards to customers in Singapore. The prepaid cards are linked to a mobile wallet that allows holders to buy, sell, store, send, and track cryptocurrencies, the company formerly known as Monaco explained in a post published on Medium this week.
With the wallet app, users can order an MCO card, control its usage and manage all transactions. They will also be able to freeze or unfreeze their card. The metal cards come with free ATM withdrawals and no annual or monthly fees. The cards issued by Crypto.com will enable customers to spend digital coins converted to fiat money anywhere Visa is accepted.
The service supports cryptocurrencies like bitcoin core (BTC), ethereum (ETH), Binance coin (BNB) and the platform’s own MCO token as well as major fiat currencies, including the U.S. dollar, euro, British pound, Singapore dollar, Hong Kong dollar, Japanese yen, and Australian dollar.  
MGT Moves 6,000 Miners From Sweden to Colorado
MGT Capital Investments, a company involved in cryptocurrency mining operations in the State of Washington and in Northern Sweden, has announced it concluded a hosting agreement for a new facility in Colorado. MGT has been exploring options to relocate more than 6,000 S9 Antminer devices that are currently installed in its bitcoin farm in the Scandinavian country.
“We have identified and successfully negotiated a deal with a U.S. facility that nicely suits our needs,” said MGT’s Chief Operating Officer, Stephen Schaeffer. “This location is capable of not only providing a cost-effective solution to our relocation needs, but also facilitates our growth plans for 2019,” he added, as quoted in a press release.
The facility in Colorado Springs, a former semiconductor campus, has an initial capacity of 10MW of electricity but the electrical infrastructure can support an additional 30MW of power. MGT Capital intends to complete the relocation and restart mining operations in the new location by the end of 2018.
MGT Capital Investments is one of the largest cryptocurrency mining companies in the U.S. where it operates around 6,800 Bitmain S9 miners.
What are your thoughts on today’s news tidbits? Tell us in the comments section below.
Images courtesy of Shutterstock, Crypto.com.
Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we.
The post The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in Singapore appeared first on Bitcoin News.
READ MORE http://bit.ly/2qlROxT
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jacobhinkley · 7 years ago
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ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts
According to reports the social media platform Twitter has been deleting millions of fraudulent accounts per day, and stated during the first week of July that it suspended more than 70 million accounts throughout May and June. However, the cryptocurrency industry is still plagued by tons of ‘ETH scam-bots’ pretending to be bitcoin luminaries and this scheme has made these particular fraudsters millions.
Also read: BCH Roundup: Steady Development, Market Uptrends, and New Apps
Twitter Says The Company Has Suspended 70 Million Phony Accounts, But Bots Still Plague the Twitter-Sphere
Over the last few weeks, news.Bitcoin.com had written about the various Twitter scams and fake Ethereum giveaways that can be found throughout lots of conversations within the cryptocurrency industry. Some developers have even been working on cryptographic solutions that can weed out the vast amount of lookalike Twitter scammers. The massive amount of phony accounts use a person’s profile picture, the same username, and these frauds typically jump into a conversation following a hot tweet and push their ETH giveaways.
Phony John McAfee and Tone Vays Twitter accounts. Screenshots were taken on July 15, 2018.
An example giveaway is you give them 5 ETH, and they say they will give you 50 ETH in return after the funds are sent. This particular trick, even though it’s pretty obvious to some people, has been able to help these imposters acquire millions of dollars worth of Ethereum. Then just last week Twitter detailed to the media that they have thrown the ban-hammer down on fake accounts and have been suspending millions a day. 
According to the Washington Post, the social media giant suspended 70 million accounts throughout May and June. Even though in the cryptocurrency ecosystem, these bots or spammers are in full force impersonating cryptocurrency figures, executives, and even digital asset exchanges like Binance. Yet the bot problem has also plagued movie stars, musicians, and political parties as well. A researcher from a Palo Alto-based think tank, Samuel C. Woolley, believes Twitter should be doing more to prevent spammers and bots.      
“When you have an account tweeting over a thousand times a day, there’s no question that it’s a bot,” said Woolley, at the Digital Intelligence Lab at the Institute for the Future.
Twitter has to be doing more to prevent the amplification and suppression of political ideas.
A fake Binance exchange Twitter account. Screenshot was taken on July 15, 2018.
Crypto-Luminaries, Bigwigs, and Exchanges Are Not Giving Away 200 ETH
Even though Twitter claims they have been banning millions of fake accounts the problem is still happening within the cryptocurrency industry. Lots of ‘cryptocurrency bigwigs’ are being copied by look-alike accounts still to this day. For instance, on July 15 the writer and speaker Andreas Antonopoulos shared a tweet of one of his latest talks. After the tweet, a phony “CZ” pretending to be the CEO of Binance states: 
A nеw prоmоtion with suppоrt is available tоday Get 200 ETHEREUM in your wallet now. You саn use аnу wal­let or exch­ange (Fоr example: Coinb­ase, Bina­nce, and others) or use a smart con­tract. If you’re Ia­te for this eve­nt, you’ll get your investment bасk imme­diately!
Unfortunately, the ETH scam bots are alive and well on Twitter and are still able to spawn new accounts after the company claims to have thrown down the ban hammer. For now, these cryptocurrency scammers don’t seem to be going anywhere soon.
What do you think about this situation? Do you think Twitter is doing a good job of taking care of this issue? Let us know what you think in the comment section below. 
Images via Shutterstock, Pixabay, Twitter.
Want a comprehensive list of the top 500 cryptocurrencies and see their prices and overall market valuation? Check out Satoshi Pulse for all that hot market action!
The post ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts appeared first on Bitcoin News.
ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts published first on https://medium.com/@smartoptions
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savetopnow · 7 years ago
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2018-04-04 06 LINUX now
LINUX
Linux Academy Blog
Say hello to our new Practice Exams system!
Announcing Google Cloud Security Essentials
Month of Success – March 2018
Why We Aren’t Posting The Content List Ahead of Time..
Linux Academy Weekly Roundup 112
Linux Insider
Microsoft Offers New Tool to Grow Linux in Windows
New Firefox Extension Builds a Wall Around Facebook
Neptune 5: A Practically Perfect Plasma-Based Distro
LG Offers Open Source webOS to Spur Development in South Korea
Google Opens Maps APIs and World Becomes Dev Playground
Linux Journal
How the EU's Copyright Reform Threatens Open Source--and How to Fight It
Caption This
Mozilla Announces Firefox Reality Browser for Mixed Reality, GnuCash 3.0 New Release and More
Now Available: April 2018 issue of Linux Journal
Linux 4.16 Released, SLES SP3 for Raspberry Pi, Cloudflare Launches the 1.1.1.1 Privacy-First DNS Service and More
Linux Magazine
Solomon Hykes Leaves Docker
Red Hat Celebrates 25th Anniversary
Gnome 3.28 Released
Install Firefox in a Snap on Linux
OpenStack Queens Released
Linux Today
FOSS Project Spotlight: CloudMapper, an AWS Visualization Tool
Here’s Why You Should Secure Your Etcd Deployment
IPFire: A User-Friendly Linux Firewall Distribution
Bring your own Linux to Windows with new open source tool
Linux 4.16 Released with Improved Security, Virtualization Features
Linux.com
Cloud Foundry for Developers: Part 1
Auditing Docker Containers in a DevOps Environment
ONAP, CNCF Come Together on Containers
Git v2.17.0 Released
DNS Resolvers Performance Compared: CloudFlare x Google x Quad9 x OpenDNS
Reddit Linux
padoka stable and padoka git updated today
Linux Tools: Monitoring & Troubleshooting Basics with Glances
Announcing the release of Fedora 28 Beta
Fedora 28 Beta Linux distro is finally here
Do we really need swap on modern systems?
Riba Linux
Antergos 18.4 "KDE" overview | For Everyone
SimbiOS 18.0 (Ocean) - Cinnamon | Meet SimbiOS.
How to install Archman Xfce 18.03
Archman Xfce 18.03 overview
How to Install HardenedBSD 11 Stable v1100055 plus Gnome desktop and basic applications
Slashdot Linux
Possible Active Shooter Reported at YouTube HQ
Ethereum Founder Confronts Self-Proclaimed Bitcoin Creator Craig Wright, Calls Him a Fraud
US Suspects Listening Devices in Washington
Ask Slashdot: What Would Happen If Everything On the Internet Was DRM Protected?
Schools Are Giving Up on Smartphone Bans
Softpedia
Fedora 27 / 28 Beta
OpenBSD 6.3
RaspArch 180402
4MLinux 24.1 / 25.0 Beta
ALT Linux KDE 20180328
Tecmint
Android Studio – A Powerful IDE for Building Apps for All Android Devices
System Tar and Restore – A Versatile System Backup Script for Linux
Newsroom – A Modern CLI to Get Your Favorite News in Linux
Cricket-CLI – Watch Live Cricket Scores in Linux Terminal
Ternimal – Show Animated Lifeform in Your Linux Terminal
nixCraft
OpenBSD 6.3 released ( Download of the day )
Book review: Ed Mastery
Linux/Unix desktop fun: sl – a mirror version of ls
Raspberry PI 3 model B+ Released: Complete specs and pricing
Debian Linux 9.4 released and here is how to upgrade it
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weekinethereum · 7 years ago
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March 15, 2018
Ethereum News and Links
Protocol
At EthCC, Vitalik announced PlasmaCash. [Outside, Karl Floersch was giving an abbreviated talk on the steps]. This design framework -- coins deposited on Plasma chain as NFT thus you can track only Merkle branches for your own coins -- comes from Plasma with much less per-user data checking in last week's issue.
Karl released a PlasmaCash spec.
VB: "Plasma is not a sidechain/drivechain. Sidechains and drivechains let 50% of the miners on the sidechain steal all coins in the side/drive chain. Plasma relies only on the security of the main chain"
Machinomy: We built a Generalised State Channels framework
A state channels adventure with counterfactual Rick from Spankchain
Latest Eth/RChain Casper standup
Sharding: A new account type in abstraction.
Sharding: Guaranteed execution gas for transactions in collations
Scaling now with Parity bridge -- initial deployment connecting PoA chains
You've probably already seen their CryptoZombies series, now LoomNetwork announces its first DappChain (one DPoS sidechain per dapp written in Go; there's a decentralization tradeoff). You can apply to use their beta SDK, which is aimed at game developers.  
Stuff for developers
Echidna -- smart fuzzer for Solidity code from Trail of Bits
Merkle Airdrops: a (much) better way to airdrop.  Can also be used for NFTs
Gas Token - store gas when it's cheap to use when it is expensive by using the storage refund. For more, Reddit thread worth a read due to Phil Daian participating.
Is the geth console going away?  They're soliciting opinions
uPort guide using Truffle boxes
Off-chain whitelist with on-chain verification?
O(1)Labs released Snarky: A high-level language for verifiable computation
Alex Sherbuck is doing a series on each coding error that has been done in Soldiity
sails.js Truffle hook
Ethereum + IPFS + Create-React-App tutorial
SwarmCity releases IPFS consortium code - group agreements to maintain IPFS data.  Github.
Updated version of using Zeppelin and Truffle for token sales
Ujo's current tech stack
MAIAN -- security tool from the recent academic article.
EIP/ERC
ERC928: Eth Avatar standard
ERC930: Eternal storage standard
Release
Solidity v0.4.21 -- choose your EVM, new features, bugfixes, etc
ENSNow: Get an ENS subdomain and point it at your wallet instantly
Ecosystem
Lane Rettig's notes on the Eth Magicians governance gathering at EthCC
EtherVis -- visual Eth address explorer
Cool correlations graphing from Etherchain
A front end for Christian Lundkvist's Simple MultiSig
EthPrize.io -- bounties for things the ecosystem needs.  first bounties for EthPM package manager and open source block explorer
Nearly 13,000 Ether are lost due to one character typos
All videos from EthCC.  I particularly liked Karl's.  
Project Updates
"Augur's contracts are done" after Zeppelin audit
Docker's ex-CEO is joining Storj as interim CEO
Propy records first US (VT) real estate transaction on blockchain
Updated how Numerai works
$5 DIY hardware wallet Firefly is shipping kits to early backers
Washington Post is now verified as a BAT publisher
Iconomi announces 3 new uses for its token
LivePeer's path to decentralization
Digix to deploy to mainnet this week
New Projects
Arithmetica -- decentralized SETI, reusable for different problems.  Github
EDDITS -- putting identities onchain using ERC725 and ERC735
Interviews, Podcasts, Videos, Talks
Software Engineering Daily hits Ethereum hard this week. First, PoS with Karl Floersch, then talking MetaMask with Dan Finlay, and talking web3 with Fabian Vogelsteller.  And last week Luis Cuende and Raine Revere.  What's great about these is that they have transcripts.
Joe Lubin SXSW interview
More Lubin on 11:FS (interview starts around 30:05)
CodePodcast on security with Yoichi Hirai, Matt Condon, and Santi Palladino
Amber Baldet with Laura Shin
Christian Lundkvist talks to Max Sklar
Corey Petty talk on Social Implications of Blockchain
Zero Knowledge talks to JP Smith from security auditors Trail of Bits and to Parity's Robert Habermeier
Just to reiterate: all videos from EthCC
Tokens
Jez San: "The potential market of blockchains that use smart contacts, like Ethereum, dwarfs that of ‘store of value’ chains (i.e. bitcoin)"
Why Dharma Protocol isn't (yet?) doing a token sale
Cofound.it: fundraising options for blockchain startup founders
TrueDigital and ConsenSys create a reference rate for Ethereum, a crucial step for derivatives
Robby Greenfield on the Venezuelan dictatorship's Petro scam
SEC: 5 things you need to know about ICOs
Bloomberg: SEC has subpoenaed some crypto funds
USV's Nick Grossman: why tokens are fundamental to web3
General
Vivek Singh: web3 in context of the history of the internet
Politico on PoW mining in Eastern Washington
IMF head Chrstine Lagarde acknowledges downsides to cryptoassets but "we must welcome their potential."
ConsenSys announces tech support for Quorum
Caitlin Long on getting Wyoming's blockchain bills enacted into law, "a US version of Switzerland’s “Crypto Valley”"
US House congressional hearing on cryptoassets.  You may get annoyed when Brad Sherman (D-CA) comes on.
Sierra Leone put raw presidential voting results on Ethereum as a backup
Coinbase lands Barclays as UK banking partner
Crypto segment on John Oliver's Last Week Tonight.
Dates of note
Upcoming dates:
March 27 -- Pathfounder: Cryptoeconomics in London. 15% off with discount code EVAN.
May 3-5 -- Edcon in Toronto
May 11-12 -- Ethereal (NYC)
May 16-17 -- Token Summit (NYC)
If you appreciate this newsletter, thank ConsenSys
I'm thankful that ConsenSys has brought me on as an employee and given me time to do this newsletter.
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Editorial control is 100% me.  If you're unhappy with editorial decisions, blame me first and last.
Sharing
Here's the link: http://www.weekinethereum.com/post/171904269053/march-15-2018
Follow me on Twitter? @evan_van_ness
This newsletter is supported by ConsenSys (ConsenSys is perpetually hiring if you'd like to join) and Status.im.  Many thanks to both.
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i-globalone · 5 years ago
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After years of discussion, Monday may mark the first time accredited investors can buy tokenized shares of a high-profile professional athlete’s contract. Markets Daily is back with the latest on the NBA’s Spencer Dinwiddie story and what it could mean for entertainers of all stripes.No time to listen? Scroll down for the complete episode transcript.UPDATE: The Tether suit was re-filed in the Southern District of New York a day later with an additional plaintiff. The article has been updated. More ways to Listen or Subscribe:This episode featured a sound effect provided by soundsilk.com.Transcript:Adam B. Levine: On today’s episode, our news roundup, the first tokenized pro basketball player, and Fidelity’s 2019 bitcoin reflections.Adam: It’s JANUARY 10, 2020, and you’re listening to Markets Daily, I’m Adam B. Levine, editor of Podcasts here at CoinDesk, along with our senior markets reporter, Brad Keoun, to give you a concise daily briefing on crypto markets and some of the most important news developments in the sector over the past 24 hours. Brad: Bitcoin up slightly today after two straight day of losses, currently around $7,900.CoinDesk’s Omkar Godbole reporting the market is seeing price resistance around the psychological level of $8,000, and technical indicators are looking a bit more bearish than earlier in the weekAdam: Turning to the news, today marks the deadline for crypto exchanges and custodians to adopt tough new anti-money laundering rules.CoinDesk’s Ian Allison notes that this could be a double-edged sword for the industry, driving up compliance costs and perhaps pushing away some customers, but potentially engendering more trust and confidence in cryptocurrencies among European banks and investors. Brad: And in what appears to be a related development, the Dutch crypto-derivatives exchange Deribit announced it will move its headquarters to Panama to escape tough new industry rules coming from European regulators.According to Deribit officials, new anti-money-laundering rules would require customers to provide an extensive amount of information, which makes the barriers to entry for the majority of traders too high, both from a regulatory and cost perspective.Deribit officials wrote in a blog post that they think crypto markets should be freely available to most.Adam: And Tether appears to have received a minor reprieve in court, at least on one front.Plaintiffs have withdrawn a class-action lawsuit filed in November in Washington state that accused Tether and its affiliated Bitfinex exchange of issuing inaccurate information and monopolizing the bitcoin market. UPDATE: The suit was re-filed in the Southern District of New York a day later with an additional plaintiff. The article has been updated. Bitfinex had denied the accusation, saying it would contest any nuisance settlements A Bitfinex spokesman declined to comment on the latest developmentBrad: A new report from the cybersecurity firm Kaspersky Labs says that North Korean hackers are now using the messaging app Telegram to steal cryptoAccording to the report, the Lazarus Group, a cybercrime group with links to North Korea, uses Telegram to deliver malware that gets downloaded on a victim’s computer and then sends sensitive data to hackers Channels then direct users to fake cryptocurrency companiesAdam: In Russia, a government-owned nuclear power plant is now renting out space to crypto minersThe Rosatom State Atomic Energy Corporation has opened a crypto mining farm near a nuclear plant some 200 miles northwest of Moscow.The government entitty won’t mine bitcoin for its own account, but it will sell electricity to heavy users and reng space for their equipmentBrad: And our final story today is a real stinkerA Luxembourg-based company announced this week that it will launch a cryptocurrency backed by sardinesCoinDesk found a booth run by the company MY Sardines at this week’s CES 2020 consumer electronics show in Las Vegas The company says it’s working with a French sardine supplier called Pearl of the GodsThe company will purchase the sardine tins in September and then use the ethereum blockchain to distribute digital tokens that can be redeemed for the sardine cans at any time in the next 10 yearsAnd you thought that Tether story smelled fishy, AdamAdam: Turning to todays featured story, 26 year old NBA guard Spencer Dinwiddie is launching what we think is the first tokenized security offering tied to a NBA starIn October, Coindesk Reported:Accredited investors can soon indulge their hoop dreams.In partnership with crypto firm Paxos, NBA guard Spencer Dinwiddie is looking to raise $13.5 million by tokenizing the first year of his three-year, $34.5 million contract.Dubbed the DREAM Fan Shares platform, investors in the securities offering will earn interest through Dinwiddie’s bi-monthly paycheck. The minimum buy-in is $150,000.The guard for the Brooklyn Nets told CoinDesk that his contract is fully guaranteed, meaning investors do not risk losing their funds if he is injured or otherwise unable to play. He is set to earn $16 million this season, trading $2.5 million in earnings for the certainty of an upfront payment.”CoinDeskAfter his plan met resistance from the National Basketball Association, the project underwent a number of changes which for the most part simplified it. The Atheletic reported:“Several obstacles emerged from the NBA’s perspective in its discussions with Dinwiddie — such as believing his plan was a “third-party assignment” and his third-year player option worth $12.3 million being an issue and violating anti-gambling rules.Dinwiddie maintained that his player option is simply a performance-based incentive that has been tied to thousands of players — not a gambling angle — and that his investment vehicle actually encourages him to play as much as possible and perform well. So Dinwiddie edited his investment vehicle again, and instead of tying investors to his basketball-related income that option year, it would simply be a flat bond with no performance incentives. The NBA came away from meeting with Dinwiddie that his career and the Nets are his primary priorities.”TheAthletic.comForbes reports on the details of the token being launched Monday:“Dinwiddie is going to sell 90 securities-backed SD8 tokens, which can’t be traded for a year, for $150,000 apiece to verified accredited investors under SEC Regulation D, Rule 506 (c). What he created, he said, allows players to structure and issue debt instruments in digital token form to invest their money how they’d like. It would function as a decentralization of a personal loan to athletes through bonds they create with their guaranteed contracts as collateral.The SD8 coin will be a three-year bond expected to pay out 4.95% base interest on a monthly basis— much better than you’d be able to get at a bank— with the full principal paid out at the end of the period upon maturity in a bullet payment. The investment period will begin on Monday (January 13th) and end on Feb. 10, with the bond notes maturing and paying out in full on Feb. 10, 2023. According to a chart provided by Dinwiddie’s representatives, if all 90 coins were purchased, it would net investors just over $2 million over the course of the three years.”Forbes.comWhat was a fringe idea even just two years ago is on the verge of going mainstream, and the NBA doesn’t even seem that concerned.   Even if you’re not a sports fan, this is exciting.  The conversation around these sorts of celebrity tokenizations started way back in 2014 and it’s taken us six years, more than half the time since bitcoin launched to get to this first real test of the concept.  And to be clear, it’s definitely not what we envisioned in those early days as the weight of organizational momentum at the NBA and government security requirements from the SEC squeeze the idea into something which only the richest among us can participate in, and even then only a maximum of 90 individuals can possibly own one of these tokens.But, as it launches on Monday, whether or not it’s successful, it is undoubtedly significant.  In the race to tokenize the world, this could be an important tipping point, more on this story as it develops.Adam: And now, for today’s spotlight, we’re looking at the giant U.S. money manager Fidelity’s reflections on bitcoin in 2019, and what appears to have been a banner year for the world’s oldest and largest cryptocurrencyBrad: Among large U.S. financial institutions, the giant money manager Fidelity has probably been the most publicly committed to crypto assets, jumping in with both feet while most banks and other firms await clarity on industry rules from regulatorsAnd of course Fidelity has been a leader for a couple decades in the money management industry;The boston-based company, led by Abby Johnson, one of the world’s richest women, now manages about $2.5 trillion for clients, and administers another $4 trillion or so for its customersWell Ria Bhutoria is director of research for the firm’s crypto unit, Fidelity Digital Assets, and she published a long blog post Thursday outlining her reflections on bitcoin for 2019She writes that in just a few years, bitcoin’s story has evolved criticially to recognize what she calls the true potential of its network – a new type of value transfer system, a tool for freedom, a savings technology and possibly more uses that we have yet to discoverIts potential cannot be ignored, she saysShe notes that trading and investment on incumbent, regulated platforms is growingKey performance indicators like hash rate are improvingAnd cumulative miner revenue surpassed $15 billion    She cites the introduction of futures contracts that can be settled via delivery of bitcoin as a major step forwardOne exchange, Bakkt, introduced options trading in December, and the rival exchange CME is set to follow with its own options menu starting on Monday It’s also noteworthy that the popular merchant payment app Square has openly embraced bitcoin, especially with the support of CEO Jack Dorsey, who also has invested in Lightning Labs, which is working to develop key parts of the infrastructure of fast-growing crypto marketsNew large-scale bitcoin-mining operations are coming online, attracting millions of dollars of capital from deep-pocketed investors, she notes Bhutoria concludes by saying that bitcoin continues to boast a dominant position in the crypto market, with growing usage and adoptionShe adds that bitcoin has “unapologetically maintained its core properties as a border-less, censorship and seizure resistant, decentralized value storage and transfer system”In short, Adam, these are all positive signs for bitcoin in her opinion, and she sees increasing adoption over the coming year, with continuing maturation of the network and its infrastructureDisclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
http://m.globalone.com.np/2020/01/markets-daily-basketballs-first.html
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cladeymoore · 5 years ago
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What will happen to cryptocurrency in the 2020s
Yesterday I recapped the last decade in crypto. Today, let’s look ahead to the future and what I think will happen in the 2020s. Of course, no one can predict the future with much accuracy, but one way to predict it more accurately is to invent it!
In short, I think over the next decade we’ll see a blockchain, that is both more scalable and includes privacy features, reach about 1B users by the end of the decade (up from about 50M at the start of the decade). Adoption will happen both in emerging markets, where the financial systems are most broken, and from a crop of new crypto first startups producing products people want. By the end of the decade, most tech startups will have a crypto component, just like most tech startups use the internet and machine learning today. Governments and institutions will move into the cryptocurrency space in a big way as well.
Scalability In the 2020s, I believe we’ll see layer two solutions, or new blockchains come out which increase transaction throughput by several orders of magnitude. Just like broadband replacing 56k modems led to many new applications on the internet (YouTube, Uber, etc), I believe scalability is a pre-requisite for the utility phase of crypto to really get going. Once we see blockchains with several orders of magnitude scalability improvements, we will new applications start to develop more rapidly (see “the rise of the crypto startup” below).
Privacy In addition to scalability, I think we’ll also see privacy integrated into one of the dominant chains in the 2020s. Just like how the internet launched with HTTP, and only later introduced HTTPS as a default on many websites, I believe we’ll eventually see a “privacy coin” or blockchain with built in privacy features get mainstream adoption in the 2020s. It doesn’t make sense in most cases to broadcast every payment you make on a transparent ledger.
Consolidation There are a number of high quality teams working on next generation protocols today (Dfinity, Cosmos, Polkadot, Ethereum 2, Algorand, etc) and there are great teams working on layer two scaling solutions for existing chains. My prediction is that we will see consolidation of chains (in developer mindshare, user base, and market cap) in the decade to come. The chains that make the most progress on scalability, privacy, developer tools, and other features will see the most gains. We may even see M&A amongst these teams, a reverse-fork if you will where one chain is deprecated and each token becomes exchangeable at a fixed rate to the acquiring token. There will be as many tokens as there are companies/open source projects/DAOs/charities in the world (so millions) but only a handful of chains will power the underlying infrastructure for these. The winning chains will likely follow a power law distribution on outcomes, just like any other industry.
From trading to utility The 2010’s were largely about speculation and investment in cryptocurrency, with trading driving most of the activity and best business models. This trend will continue to play out in the 2020’s (see market structure, and institutions, below) but I believe the best new companies that get created in the crypto space in the 2020’s will be about driving the utility phase (people using crypto for non-trading purposes). We’ve already started to see the beginnings of this trend, with more customers doing non-trading activity (staking, borrow/lend/margin, debit cards, earn, commerce, etc).
The rise of the crypto startup This decade we will see a new type of startup become commonplace: the crypto startup. Just like the dot com craze kicked off the idea of an internet startup (and a decade later, just about every tech startup uses the internet in some way), I believe that by the end of the 2020’s almost every tech startup will have some sort of cryptocurrency component. What defines a crypto startup? Three things. First, it will raise money using crypto (from a much larger pool of global capital, unbundling advice from money in the VC industry). Second, it will utilize cryptocurrency to achieve product market fit by issuing tokens to early adopters of the product (turning them into evangelists), similar to early employees getting equity in the company. Third, they will bring together global communities and marketplaces at a pace we have never seen before in traditional startups (which have to painfully expand country by country, integrating each countries payment methods and regulations one at a time). There are myriad regulatory questions this open up, but the advantages are so strong, I think the market will find a way. These crypto startups will have the challenge that all startups have: making something people want. The next 100M people who get exposure to cryptocurrency will not come from them caring about cryptocurrency, but because they are trying to play some game, use a decentralized social network, or earn a living, and using cryptocurrency is the only way to use that particular application.
Emerging markets Other than crypto startups (which will start off being a first world phenomenon), the other area of adoption will be in emerging markets where the existing financial systems are a much bigger pain point. In particular, countries with high inflation rates and large remittance markets. In 2019, GiveCrypto.org made cryptocurrency payments to 5,000 people in Venezuela, and over 90% of them were able to create at least one transaction with a local store that accepts crypto or a local cash out partner. This indicates that the tools have started to cross a threshold of usability in emerging markets (where unreliable internet, older smartphones, and a lack of education can be challenges). In the 2020’s, I think we will see cryptocurrency adoption in emerging markets scale to hundreds of millions of users, with at least one country “tipping” so that the majority of transactions in their economy happen in cryptocurrency.
Institutions We’ve already started to see small institutions enter the cryptocurrency space. Hundreds have joined Coinbase Custody in the past 18 months. I would expect this rapid growth to continue in 2020, with larger and larger institutions coming on board. Eventually just about every financial institution will have some sort of cryptocurrency operation, and most funds will keep a portion of their assets in cryptocurrencies, partially due to it’s uncorrelated returns. Something like 90% of the money in the world is locked up in institutions, so this will likely drive a lot of demand for crypto assets.
Central Bank Digital Currencies (CBDCs) While Libra drew the ire of just about everyone in Washington DC, China took the initiative by beginning to digitize the yuan, and making blockchain one of their core technology investments. The U.S. is playing a bit of catch up now, and active discussions are taking place about how the dolllar can be digitized. CENTRE, with its USD Coin, may be the solution that U.S. turns to, or the Fed may try to implement their own digitized dollar using blockchain. I think we will then see basket digital currencies come out, either by a consortium like Libra or CENTRE, or possibly the IMF itself.
Maturing market structure During the last decade, many of the companies we think of as cryptocurrency exchanges were actually brokerages, exchanges, custodians, and clearing houses bundled into one. During the 2020’s I think we’ll see the cryptocurrency market structure evolve to more closely resemble the traditional financial world, with these functions being separated out from a legal and regulatory point of view. This is already happening to some extent. Coinbase Custody, for instance, is a separate company with it’s own board, regulated as a NY Trust Company. Coinbase Pro will separate into a brokerage and exchange as well. As in the traditional financial services world, customers of one product will be competitors of another, and there will be a lot of cross pollination. With these separate components in place, I predict the SEC and others will get more comfortable creating a cryptocurrency index fund for retail investors.
Decentralization will grow While the fiat-to-crypto exchanges will largely follow a traditional financial services model, a separate world will evolve in the purely decentralized crypto-to-crypto area. In other words, once you get your fiat currency into crypto, you can then enter a magical place of innovation that is purely crypto-to-crypto. In this world, non-custodial wallets, DEXs, Defi, and Dapps will continue to improve in terms of usability and security, and we’ll see a lot of new applications emerge, from games, to online communities, to virtual worlds with their own economies. Many of the apps and non-custodial wallets in this world, since they never store customer funds, will be regulated like software companies instead of financial service companies. This will dramatically accelerate the pace of innovation. There will be greater privacy in this world as well, with privacy coins and non-custodial wallets seeing greater adoption. We’ll also see the rise of decentralized identity, and reputation scores associated with those identies. As the cryptoeconomy grows, more people will earn a living in crypto and find opportunities in this new global online economy, moving the needle on global economic freedom.
The billionaire flippening As a bonus final item, my friends Olaf Carlson-Wee and Balaji Srinivasan estimate that at a price of $200,000 per Bitcoin, more than half the world’s billionaires will be from cryptocurrency. Whether you think this is a good thing or a bad thing, it would mean that more pro technology people will have access to large amounts of capital in the 2020s. Presumably, this will increase the amount of investment made in science and technology, and I think we’ll also see more crypto folks turn to philanthropy (we’ve seen this already with efforts like the Pineapple fund, GiveCrypto.org, and the GivingPledge).
We’ll see how many of these predictions turn out to be true. By shifting cryptocurrency from being primarily about trading and speculation to being about real world utility, the 2020s will see a huge increase in the number of people holding and using cryptocurrency, and start to really move the needle on global economic freedom.
What will happen to cryptocurrency in the 2020s was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
from Money 101 https://blog.coinbase.com/what-will-happen-to-cryptocurrency-in-the-2020s-d93746744a8f?source=rss----c114225aeaf7---4 via http://www.rssmix.com/
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theblockchaincafe · 6 years ago
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What Is Cryptocurrency Wallet? Types of Wallets
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Owning a cryptocurrency is exciting. The excitement comes from the fact it has created the biggest revolution in the history of mankind. Many people around the world own cryptocurrency. The question is that where cryptocurrency owners store their cryptocurrencies? A cryptocurrency wallet is a place where users can store their public and private keys. A public key is a cryptographic key used to encrypt a message. While a private key is also a cryptographic key, but it is used to decrypt the message. There are different kinds of cryptocurrency wallets. 
Hardware Wallet
A hardware wallet is connected to the internet only for cryptocurrency transactions. But it is stored offline. It is actually a USB-like device. TREZOR wallet, Ledger Nano S wallet, and KeepKey wallet are some of the hardware wallets. Both keys are stored in a protected area of a control device called microcontroller. The main purpose of the control device is to incorporate a microprocessor. It is difficult to transfer them out of the control device in unencrypted form. TREZOR: It is the first Bitcoin hardware wallet. It doesn't only store Bitcoin, but it also stores other cryptocurrencies such as BTC, BCH, BTG, LTC, DASH, DOGE, ETC, ETH, ERC20, NEM, NMC, ZEC, EXP, UBQ. It was launched in 2014. PIN protection, Recovery seed, Single-purpose device, and Limited attack surface are the features of TREZOR.  Ledger Nano S: It can be connected to a computer with the help of USB. It has a built-in OLED display to double-check and confirm transactions. It was launched in 2016. It supports cryptocurrencies like BTC, XRP, ETH, BCH, EOS, XLM, LTC, TRX, ADA, MIOTA, BNB, XMR, DASH, NEO, ETC, ZEC, XTZ, WAVES, DOGE, VET, etc. It requires Google Chrome or Chromium. One USB cable, Lanyard, One keychain, One key ring, and Recovery sheet are features of Ledger Nano S. It is compatible with Windows (7+), Mac (10.8+), Linux, and Chrome OS. KeepKey: It is a multi-currency hardware wallet used to secure Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Dash (DASH), and Namecoin (NMC). It was launched in 2015. Backup Seed is a feature of KeepKey. It is compatible with PC, Mac, Linux, and Android.
Desktop Wallet
A desktop wallet is an application downloaded and installed on a desktop or laptop. It is actually stored on a hard drive. If a customer downloads and installs an application from an XYZ computer, then he will have to use the XYZ computer only for every transaction. Make sure to protect your hard drive from viruses, otherwise, you can lose your cryptocurrency. Bitcoin Core, Armory, and Exodus are some of the desktop wallets.  Armory: It supports only Bitcoin (BTC). Hierarchical deterministic(HD) and multi-signature support are the features of Armory. It was created in 2012. It is compatible with Microsoft Windows, Apple Mac OSX, Linux Ubuntu, and Raspberry Pi. Exodus: It supports cryptocurrencies like BTC, BCH, BTG, LTC, ETH, DASH, ETC, VTC, FUN, DCR, EOS, ANT, GNO, OMG, BAT, etc. It was launched in 2016. An easy-to-use UI is a feature of Exodus. It is compatible with Windows (64-bit), Mac OS, and Linux. Electrum: It is a client-server protocol-based lightweight Bitcoin client. It was released in 2011. It supports only Bitcoin (BTC). It is not only available for Desktops, but it is also available for Mobiles. It is compatible with Windows, Mac, and Linux.
Mobile Wallet
A mobile wallet comes in the form of an app. You have to download and install the app. The mobile wallet has a feature like a QR code. You have to scan the QR code for payments. Abra, Airbitz, and Bread are some of the Mobile wallets. You have to safeguard your mobile wallet against keylogging, viruses, etc. Mycelium: It supports only Bitcoin (BTC). HD (Hierarchical Deterministic), Bit ID (open protocol), Single Address Accounts, “Watch Only” Accounts are features of Mycelium. 2008 is the year when Mycelium began as a team of hardware engineers. Mycelium launched three products such as Wallet, Entropy, and Gear in the Bitcoin area. It is compatible with Android and iPhone. Airbitz: Airbitz was founded in 2013. Airbitz Bitcoin wallet is the popular development of Airbitz. It supports cryptocurrencies like BTC, BCH, ETH, LTC, XMR, XRP, DASH, REP, WINGS, IND, XZC, FTC. Beginner-friendly, two-factor authentication, and decentralized servers are features of Airbitz. It is compatible with Android and Apple iPhone. Bread: It supports only Bitcoin (BTC). It was created in 2013. Easy to use, Touch-ID login option, Built-in customer support section, and Bread app can be used directly for buying BTC are features of Bread. It is compatible with iOS (including Apple Watch) and Android.
Paper Wallet
A paper wallet is an offline wallet. It is actually a piece of paper. Public and private keys are printed on the piece of paper. They can also be printed on either a plastic material or any other material which is durable. They are printed in the form of QR codes. Customers can scan QR codes for transactions. They have to keep their paper wallets in a safe place, otherwise, there is a chance of funds losing. BitAddress.org, BitcoinpaperWallet.com, and WalletGenerator.net are the open-source wallet generators used to generate paper wallets. Once the keys are generated, then the customers must delete their history on the internet.  BitAddress.org BitcoinpaperWallet.com WalletGenerator.net
Web Wallet
A web wallet is an online wallet. Third parties or cryptocurrency exchanges manage web wallets. Private and public keys of customers are held by them. Crypto exchanges such as Coinbase, Bitpanda, and BuyUcoin provide web wallets. It runs on the Cloud. You can use the web wallet from any parts of the world. Service providers store all data on central servers.  Coinbase: Coinbase is a crypto exchange which was founded in 2012. It is headquartered in San Francisco, California. Customers can buy, sell, and store cryptocurrency. It supports cryptocurrencies like Ripple (XRP), Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Zcash (ZEC), etc. Bitpanda: Bitpanda is a Vienna, Austria based cryptocurrency exchange. It was founded in 2014. Customers can buy, sell, store, and trade cryptocurrency. It supports cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Pantos (PAN), Bitcoin Cash (BCH), Litecoin (LTC), etc. BuyUcoin: It is a New Delhi based cryptocurrency exchange. It was founded in 2016. Customers can buy, sell, and exchange cryptocurrency. It supports cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Neo (NEO), Dash (DASH), OmiseGo (OMG), NEM (ZEM), etc.
Hot Wallet
A hot wallet is an online wallet. It is having a connection of the Internet. Bitstamp, Poloniex, and Bittrex are some of the hot wallets. They store funds of customers within their own infrastructure and servers. Bitstamp: Bitstamp is a crypto exchange headquartered in London, United Kingdom. It was founded in 2011. Customers can buy and sell cryptocurrency. It supports cryptocurrencies such as Bitcoin (BTC), Ripple (XRP), Litecoin (LTC), Ethereum (ETH), and Bitcoin Cash (BCH). Poloniex: It was founded in2014. It is headquartered in Wilmington, Delaware, United States. Customers can buy, sell, trade, and store cryptocurrency. It supports cryptocurrencies like BTC, ETH, and many more. Bittrex: It is headquartered in Seattle, Washington. It was founded in 2013. Customers can buy and sell cryptocurrency. It supports cryptocurrencies like BTC, USDT, XRP, LTC, ETH.
Cold Wallet
A cold wallet is an offline wallet. It is not having a connection to the Internet. Users will have full control over their funds. It is easy to protect the cold wallet from unauthorized access. Paper wallets and hardware wallets are examples of Cold wallets.  
Software Wallet
A software wallet is an application stored on a computer’s hard drive. Users will have full control over their funds. Electrum and Coinomi are some of the software wallets.  Copay: You can install Copay on mobile devices and PCs as well. Bitcoin (BTC) and Bitcoin Cash (BCH) are two cryptocurrencies supported by Copay. It was released in 2015. Multi-signatures, Multiple accounts, Open source, Free to use, and User-friendly are features of Copay. It is available on platforms like Windows, Mac OS X, Linux, Android, and iOS. Jaxx: It is a Bitcoin software wallet. It also supports cryptocurrencies such as Bitcoin, Dash, Ethereum, Litecoin, Bitcoin Cash, etc. Cross-platform pairing, User-friendliness, and Internal Cryptocurrency Exchange are features of the software wallet. It was created in 2014. It supports Desktop, Mobile, and Web (Online). It is available on platforms like Windows, Apple & Linux Desktop, Android, iOS Mobile & Tablet, and Google Chrome & Firefox Extensions. Atomic Wallet: It supports cryptocurrencies such as BTC, LTC, ETH, TRX, XMR, DGB, QTUM, XLM, ZEC, XRP, BCH, ETC, DASH, AWC, BTG, DOGE, TPAY, VET, VTHO, DCR, etc. It supports Desktop. User-friendly, Atomic swapping, and Decentralized Currency Trading are features of Atomic Wallet. It is available on platforms like Android, iOS, Windows, Mac OS, and Linux. Read the full article
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Top 10 blockchain Development Companies in USA
Blockchain development services are becoming essential for business. Blockchain technology and applications can decentralize power existing authorities through the use of intelligent contracts and asset ownership cryptocurrency. But choosing the best blockchain companies can indeed be a tedious task.
 If you get lost in the variety of companies, this list of best technology companies blockchain helps you choose the right direction. The list contains the biggest players' blockchain development, design, construction, and application customization.
 How to choose the right technology company blockchain?
 Before you begin, there are things you should consider choosing a reliable partner.
Determine the type of outsourcing provider: offshore, onshore or nearshore.
 Check your provider's location: US, Europe, Asia, etc. At first glance, it may appear important. But note that the cost of services and quality depend.
 Check out the services, technologies, and programming languages ​​the company offers.
Look at customer reviews and previous projects. A good sign is when the company has experience in implementing an application in similar areas.
 Fusion informatics
 Fusion informatics is one of the best development company in Blockchain applications assess and analyze the effect of the selection Blockchain innovation for your business and work on various points of view, for example, relevance and the feasibility of the use cases Blockchain before we assemble the arrangement. You hired our Empower methods to accomplish the procedures progressively competent and increase competitiveness.
 Offered services:
 Private Blockchain
Ethereum development
Hyperledger development
Smart-contract
Cryptocurrency wallet
Solidity
Exchanges
Smart Audit Contract
Supply Chain development
 VironIT
 VironIT Company became a member of the Blockchain Association. VironIT is a custom software development company with a primary focus on providing end to end software development services. The company helps to gain an advantage before competitors bringing more transparency to businesses with the power of IBM Hyperledger, smart contracts, and mobile applications integrated into blockchain.
 VironIT blockchain provides advice, provides proof of concept and brings clarity and understanding of the technology.
 VironIT is a member company of the Belarusian High Technology Park, a business environment supported by the government for IT companies in Eastern Europe.
 LeewayHertz
 LeewayHertz is a custom software development company for startups and companies. The company develops, installs and maintains digital technology products.
 By focusing on Blockchain, AI, mobile, IoT and platforms Cloud LeewayHertz built solutions from end to end for a business. LeewayHertz launched on digital platforms 100+. LeewayHertz provides the following enterprise solutions:
 Blockchain applications - DAPPS
Artificial intelligence-enabled products
Mobile Apps: iOS, applications, cross-platform
The development of SaaS
IoT enabled applications
AR / VR Solutions
 ArcTouch
 ArcTouch is a mobile development company. The company builds software that powers the IoT, including iOS, Android and custom Xamarin applications and bots to chat platforms like Amazon and Alexa Facebook Messenger.
 Services include application strategy, design, engineering, and management life cycle, and can be tailored to specific business needs to be met - to define the strategy, user experience, and visual design, engineering and testing and optimization and growth.
 Intellectsoft
 Founded in 2007, Intellectsoft is a software development company with a focus on emerging technologies like Blockchain, Augmented The reality, Big Data, Internet of Things and artificial intelligence. Intellectsoft services include strategic IT consulting, extending the team, bespoke and application engineering products, DevOps, testing and maintenance.
 This company is one of the United States' most recent and promising blockchain teams. They are experts in hard forks cryptocurrency compliance KYC / AML, intelligent auditing contracts, distributed applications and development of public/private blockchain.
 Itransition
 Itransition provides customized solutions Software-as-a-service cloud multi-tenant. It offers IT strategy and consulting, application development, product engineering, system integration, quality assurance and testing, application management, maintenance and support and development and operations support services. The company provides digital engagement solutions in the areas of customer experience and engagement, digital content, omnichannel commerce, personal productivity, and social technology; and digital business solutions, including the management of business processes, collaboration, big data, and analytics, data management, infrastructure management, and business intelligence. Itransition headquartered in Lakewood, Colorado, with additional offices in the UK and Belarus.
 Ubisoft
 Ubisoft provides software products, powered by Blockchain and AI technologies for businesses and start-ups in rapid growth. The company analyzes the client objectives and builds lasting relationships with companies in the US, UK, Germany, and Israel.
Ubisoft focuses on advanced technologies such as Blockchain, artificial intelligence, machine learning, and data science.
 Altoros
 Altoros is a 300+ strong consulting firm who helps organizations a methodology, training, the building blocks of technology and end to end solution development. The company's towers development of native cloud applications, customer analysis, blockchain, and artificial intelligence products in a sustainable competitive advantage. Being a member of the Foundation of money Cloud Foundry, Altoros is behind one of the largest deployments Cloud Foundry.
 Headquartered in Silicon Valley (Sunnyvale, California) Altoros has a sales office in western Massachusetts, with offices in Norway, Denmark, and the UK, as well as software development centers in Eastern Europe (Minsk, Belarus) and South America (Buenos Aires / Santa Fe, Argentina).
 Oxagile
 Oxagile is an outsourcing company internationally established focusing mainly on providing end software development end services across a range of vertical markets and business areas. One of the key areas of the business lies expertise in developing custom video streaming, hybrid TV, OTT, IPTV, and VoD.
 Oxagile engineers are experienced in building products of any complexity. The company's portfolio of applications includes Web reviews, automation solutions for cloud-based business processes, ERP systems and enterprise-class mobile applications for all platforms.
 Neoteric
 Neoteric is a dynamic, innovative company, very focused mainly active in the IT sector. The company combines the agile approach projects with the best software engineering practices. His team believes that software development is to understand the business needs and providing software that brings profits. Neoteric focusing on the use of advanced technologies that are day pushes us to evolve our skills. The company has extensive experience in creating start-up projects for investors, implementing complex automation solutions and processes to work with blockchain technologies.
 CONCLUSION
 Find the best blockchain development companies in USA  is a tricky thing. It takes time and effort, but the top blockchain development company in Atlanta, USA will be a great blockchain build center in your business. But I hope this guide will help you find the right technology in best app development companies in Washington Dc, to provide blockchain services to boost your business to the next level. Have an idea in mind get in touch to take the idea to next level.
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baseberry-blog · 6 years ago
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TON:How Will Telegram’s Crypto-Coin Gram Affect Messenger Apps?
New Post has been published on https://baseberry.com/tonhow-will-telegrams-crypto-coin-gram-affect-messenger-apps/
TON:How Will Telegram’s Crypto-Coin Gram Affect Messenger Apps?
Telegram a messenger app that boasts of 260 million users and 70 billion messages sent daily. It is set to officially roll out its Gram tokens on its Telegram Open Network (TON) platform by October 31st.
This open crypto network will allow anyone using Telegram to transfer, buy, and also store value. This will be through the use of decentralized apps that will be fitted with a personal Gram digital wallet.
The TON platform was mainly designed to rival Ethereum’s smart contracts and decentralized applications. In a bid to push for the mainstream adoption of cryptocurrencies.
Kin and Libra Scrutiny
Telegram will be officially launching their Gram token without going through a lot of the scrutiny that their rivals, such as Facebook and Kink, have faced.
Kink’s Token Kin has been under a lot of scrutinies after Kink’s CEO commented that the token’s demand would be so high that it was guaranteed its price was going to rise. He said, “buy today, sell tomorrow, profit.”
Libra, has faced challenge after challenge, so much that some of its partners are considering leaving the project. Facebook has a poor reputation for customer information management.
It should come to no surprise to you that their Libra cryptocurrency has had to go through scrutiny and regulatory challenges ever since they announced its development.
Libra association has had to face competition probes in the European Union and face US Senate hearings. This is a result of the security concerns that use of Libra will bring about and its threat to governments’ monetary sovereignty.
Highly Secretive Gram Plans
Telegram’s Gram token has only avoided the scrutiny that Libra and Kin have gone through as a result of its highly secretive plans for Gram. Even its initial token sale in 2018, where they raised $1.7 billion, was mostly a private affair.
The messaging app allows you to send encrypted messages. This has resulted in clashes with governments such as Russia and Iran. Who has banned the use of Telegram in their countries though people are still using it?
The Gram token will essentially operate on a similar capacity like Bitcoin because the TON platform is decentralized; hence, it will make it easier to avoid regulations.
This has raised fears and concerns that it could be used to facilitate criminal activity like money laundering, bribery, and financing of terrorism.
According to a report by Middle East Media Research Institute (MEMRI) based in Washington. ISIS, Al-Qaeda and Hamas use Telegram and other social media platforms to raise cryptocurrency.
The launch of the Gram token could potentially make things worse.
Telegram messaging app promotes privacy and freedom of speech, and this has resulted to its ever-growing popularity. With users as high as 260 million, Telegram is becoming increasingly popular among crypto enthusiasts.
Once the TON platform is launched, it would be possible for people to make payments within Telegram’s encrypted chats. This will be a huge game-changer and has the potential to improve the popularity of crypto payments within other messenger apps.
TON: Scrutiny and Regulatory Challenges
Once the Telegram launches its TON platform and starts rolling out its Gram tokens. It will come under very intense regulatory challenges and scrutiny from regulatory bodies because of the concerns it raises.
It would be a lesson to learn by other messaging apps that will roll out similar cryptocurrency projects in the future. With demand for privacy growing on social media sites every day.
And the increasing demand to protect users on messaging apps. Companies have to find a way to harmonize those needs in a way that will be widely accepted all around the world.
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bitcoingape · 6 years ago
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What is a Milestone-based Token offering? Storecoin, with Early Backing from Ari Paul/BlockTower Wants to Tokenize your Data
New Post has been published on http://bitcoingape.com/what-is-a-milestone-based-token-offering-storecoin-with-early-backing-from-ari-paul-blocktower-wants-to-tokenize-your-data/
What is a Milestone-based Token offering? Storecoin, with Early Backing from Ari Paul/BlockTower Wants to Tokenize your Data
“If we’re right about our thesis, a new computing platform emerges — one powered by open and tokenized data.
Not only do developers get paid when the Google’s of the world want to query/crawl/search their data (and devs can even share this data revenue with users), developers can build with the open data streams and open APIs of other developers (who get paid when the developers access their data stream; 1MB data = 1 datacoin).
I think this can change the world. It’s a new computing platform powered by open data.
Storecoin is merely incentivizing it.” – Chris McCoy, CEO of Storecoin
June 15, 2019
Consumers are more than ever aware of and feeling the effects of predatory business practices from Big Tech, as data breaches, deplatforming, and policy shifts occur at alarming rates. Washington is scrambling to gain control over the situation.
Consumers favor alternative approaches to data handling instead of a mass break up of today’s tech companies. Consumers want alternative business models that allow people to leverage their data as an asset they can manage.
What is Storecoin?
Storecoin is a zero fee payments and peer-to-peer cloud computing blockchain that will enable such an alternative by helping transform data into money. Here’s how it works.
The Storecoin project starts with a zero-fee settlement layer. At the heart of this is Blockfin, our leaderless, Byzantine Fault-Tolerant (BFT) consensus algorithm that solves for scalability and decentralization. Thanks to Blockfin and a credibly low inflation policy, $STORE functions as a sound money for the entire Storecoin ecosystem.
As security with scalability is proven, Storecoin will open up miner (or, as we call them “dWorker’s”) participation to anyone in the world. From there, the secure settlement layer can evolve into a p2p cloud platform for the decentralization of data and the creation of new, zero-fee tokenized apps (tApps).
Put simply, we see many applications that want to experiment with their own native tokens to incentivize work and other activities, to coordinate their groups, and to experiment with as yet undreamed of use cases.
The first generation of ICO tokens created the issue of manufactured payment tokens, limited in use cases, and unbacked by anything but speculation. A weak substitute for money, and lacking decentralized governance.
Incentivize Developers, and They Will Come
Application developers in the Storecoin ecosystem can only issue tokens that are backed by the data their application produces, giving them intrinsic value based on the demand that third parties have for that data. Because data is the oil of the new economy, this creates an opportunity for the dWorkers in the Storecoin ecosystem to get rewarded for servicing and securing the network of applications, while providing a more profitable hosting solution for app developers than today’s centralized alternatives like AWS.
What’s more, this tokenization of data creates new opportunities to address consumer concerns like never before. First, enterprising developers who want to offer something different might take advantage of data tokenization to help cut consumers in to their business models, finding new alignment and synergy with their users. Even if users aren’t being paid for their data, per se, tokenization makes data much more trackable and transparent, giving users new insight into how their data is being used and providing them more power to fight against what they don’t like.
Underpinning this all is a shared security network where the miners or dWorkers of the Storecoin system ensure that the entire network is protected from malicious attack.
For Storecoin, it is imperative that this new data paradigm doesn’t simply replace one intermediary with another, however. That’s why the entire project will be governed through a system that enshrines checks and balances and the separation of powers. Our governance system makes it impossible for any one group – developers, miners, or the nonprofit foundation – to warp the system to benefit them above the others.
Announcing the next Storecoin Milestone Token Offering
Storecoin is launching its long-awaited Milestone Token Offering on Thursday, June 20th at 12pm PT. This Regulation D and Regulation S securities offering aims to bring in over 500 new wallets and up to $4.97 Million of Treasury into the project.
Since inception, Storecoin has taken a strong anti-ICO stance and instead has committed to growing Treasury on the basis of achieving key project milestones. These global MTOs focus Storecoin on transparent project execution while building long-term trust with its growing community.
The sale will be offered as a sequence of three phased pricing rounds. Each sale phase will be offered on a first-registered and first-funded basis. Once a phase is fully registered and funded, the next phase will open up and be offered to the next registered buyer.
 The proceeds from this sale will be used for a number of vital project building activities, including:
 Releasing the alpha network for BlockFin, our parallel and pipelined consensus engine
 Multiple security audits for our BlockFin BFT consensus algorithm
 Begin hosting STORE meet-ups around the world
 Releasing our Governance, Economics, and Security Papers for public peer review
 Hosting the first-ever Storecoin Conference, a research and governance global gathering
Existing Storecoin investors include Ari Paul of BlockTower, Anthony Pompliano, Matt Ocko, AlphaBit Fund, Ari Nazir of Neural Capital, and more.
Register for the sale at: http://sale.storecoin.com.
Links
Website: http://storecoin.com
Telegram Group: http://t.me/storecoin
Twitter: http://twitter.com/storecoin
The post What is a Milestone-based Token offering? Storecoin, with Early Backing from Ari Paul/BlockTower Wants to Tokenize your Data appeared first on Ethereum World News.
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adrianjenkins952wblr · 7 years ago
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Bitcoin Price Manipulation Endgame, Plus Ripple and XRP, Ethereum, EOS, Tron, Monero, Cardano: Crypto News Alert
Bitcoin Price Manipulation Endgame, Plus Ripple and XRP, Ethereum, EOS, Tron, Monero, Cardano: Crypto News Alert
From a big push to stop Bitcoin price manipulation to the liquidity of XRP and the latest developments on Ethereum, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin
Concern over potential price manipulation of Bitcoin has reached Washington, D.C.
Congressmen Darren Soto and Ted Budd have introduced legislation designed to protect retail investors from market manipulation and ensure that the US becomes a leader in the cryptocurrency industry.
“Virtual currencies and the underlying blockchain technology has a profound potential to be a driver of economic growth. That’s why we must ensure that the United States is at the forefront of protecting consumers and the financial well-being of virtual currency investors, while also promoting an environment of innovation to maximize the potential of these technological advances. This bill will provide data on how Congress can best mitigate these risks while propelling development that benefits our economy.”
Ripple and XRP
Ripple has released an extended interview with Miguel Vias, the company’s head of XRP markets. Vias looks at the impact of growing liquidity on both xRapid and XRP.
Watch @miguelvias’ extended interview from the latest Ripple Drop, where he explains the importance of global liquidity and how new use cases for #XRP help the ecosystem expand and grow. pic.twitter.com/Hmx1kVvfFQ
— Ripple (@Ripple) December 7, 2018
Ethereum
The latest ConsenSys-sponsored Week in Ethereum blog post just dropped.
This week’s edition covers new protocol updates and news on a number of Ethereum-based platforms including 0x, Funfair and Gnosis.
EOS
A trailer for a new EOS-based multiplayer role playing game is out.
Bluedawn is a Final Fantasy-style game designed to let players own unique in-game digital assets stored on the blockchain.
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Tron
Tron says there are now 28 decentralized apps up and running on the network. Here’s the platform’s latest update on DApp development.
Monero
The privacy coin Monero is now available on cryptocurrency ATMs throughout Switzerland.
The crypto company Bity says customers can now buy Monero with cash at all five ATMs on its network.
Cardano
Cardano creator Charles Hoskinson just released a short update on the platform’s progress, highlighting a new testnet release, efforts to drive adoption and the restructuring of the Cardano Foundation.
1.4 is almost out, testnet has been released, rust cardano is making epic progress, the haskell re-write is underway, plutusfest in a few days, Emurgo is growing and the Foundation will soon re-awaken from its long slumber. Cardano’s future is looking very bright!
— Charles Hoskinson (@IOHK_Charles) December 7, 2018
Dogecoin
The Shiba Inu-inspired cryptocurrency Dogecoin just turned five years old.
Australian entrepreneur Jackson Palmer officially launched Doge on December 6th as a joke. Through the years, the coin gained a surprising amount of adoption and now has a market cap of about $246 million.
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