Aston ATX

$0.0055
Market Cap $ 4.570 MM (#477)
24h Volume $ 4.972 K
Chg. 24h: 26.63%
Algo. score 2.2/5  (#1273)
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Aston News

Red Bull partners with... FuturoCoin?

In a strange bout of recent news, mainstream powerhouse and sports sponsor Red Bull announced a partnership with FuturoCoin. An odd partnership FutoroCoin is a little-known crypto asset sitting near the bottom (1773 out of 2065) of CoinMarketCap’s list of top cryptocurrencies by market cap. Meanwhile, valued at $10.4 billion, Forbes ranked Red Bull at number 61 on its World’s Most Valuable Brands 2018 list. A partnership with one of the top crypto assets, such as litecoin, would make a bit more sense. However, Red Bull Racing specifically partnered with FuturoCoin. Owned by Red Bull Gmbh (the energy drink-producing company), Red Bull Racing is a prominent Formula One racing team. On February 11, crypto-influencer and YouTuber, Sunny Decree, posted a video delving into the strange partnership. Decree referenced his source for the news - an article from February 5 featured on the Red Bull Racing website. According to the Red Bull Racing website article: Aston Martin Red Bull Racing is pleased to announce a new partnership with global cryptocurrency, FuturoCoin. The partnership represents the first time a cryptocurrency has sponsored a team in Formula One, and marks another exciting step in the development of this industry.” Image Courtesy: redbullracing.redbull.com FuturoCoin will reportedly see its logo displayed on team uniforms, as well as elsewhere. As quoted in the Red Bull Racing article, Aston Martin Red Bull Racing Team Principal Christian Horner noted: In recent years, the rise of blockchain technology and cryptocurrencies has been truly remarkable, and we’re delighted to be the first Formula One team to embrace this, through our partnership with FuturoCoin Secure digital currencies are on the leading edge of technological development and we are very excited to be part of this revolution.” Something doesn’t add up In his video on the news, Sunny Decree pointed out several oddities. According to Decree, the only FuturoCoin Reddit postings are from its own team. FuturoCoin reportedly also states itself to be faster than bitcoin and Dash. Laughing to himself, Decree mentioned several other aspects of FuturoCoin, its website and its white paper, making it appear as though FuturoCoin might simply be an insignificant bitcoin competitor. Decree even pointed out an obvious error in one of FuturoCoin’s whitepaper headings, which he himself noticed, even though English was not his first language (Decree resides in Switzerland). The heading on page nine of the whitepaper states, “FuturoCoin sollution to all market problems” - where the word “solution” is spelled incorrectly. Speaking on the partnership, Decree said, I cannot really imagine how this happened. Other than someone did a huge, huge, huge mistake If you just type in FuturoCoin on Google for example, well, most of the articles are just trying to answer the question if FuturoCoin is a scam or not.” According to a press release posted on BusinessWire, the partnership is a “two-year deal”. The post Red Bull partners with... FuturoCoin? appeared first on Crypto Insider.

7 days ago

Red Bull Aston Martin Signs First Cryptocurrency Sponsorship in Formul 1

As yet another sign of growing adoption, Red Bull Aston Martin recently announced a new partnership with the cryptocurrency company FuturoCoin (FTO), the first of its kind for Formula 1 racing. FuturoCoin is a project based on the same code as Dash (DASH) and claims to offer four second transaction times and low fixed fees. With a big name like Red Bull bringing more attention to the cryptocurrency space, it wouldn’t be surprising to see an uptick in cryptocurrency related sponsorships across the sport. FTO is currently trading at $4.84. (JF)

16 days ago

Even the most troubled markets have pockets of promise, DATx...

Even the most troubled markets have pockets of promise, DATx can focus better on technical development in a down ma… https://t.co/aq84l1GxxB

22 days ago

Some may ask what is the significance of cross-chain interop...

Some may ask what is the significance of cross-chain interoperability? DATx will summarize in a word: efficiency. C… https://t.co/lYDj4vz1pv

24 days ago

Thanks for @kucoincom doing this small research. DATx remind...

Thanks for @kucoincom doing this small research. DATx reminds users of checking this point to keep your account sec… https://t.co/bvMQr8CGEU

a month ago

We would like to extend a heartfelt thank you to the DATx co...

We would like to extend a heartfelt thank you to the DATx community for supporting us in our cross-chain endeavors!… https://t.co/oLh8x3SLQb

a month ago

We are excited to participate in the @LoMoStarLMC platform e...

We are excited to participate in the @LoMoStarLMC platform ecosystem! Additionally, DATx has upgraded to cross-cha… https://t.co/OLGvhKO4rE

a month ago

DATx Testnet will officially launch with virtual Anchor Node...

DATx Testnet will officially launch with virtual Anchor Nodes establish a real DATxChain environment. All modules… https://t.co/iAK3dlCFRl

a month ago

An extra full node is crucial for the DATx blockchain explor...

An extra full node is crucial for the DATx blockchain explorer. As DATx nodes are elected, to ensure blockchain ex… https://t.co/8P4x8DdraR

a month ago

🎉The last progress report of 2018 (Nov 1 - Dec 31) is out no...

🎉The last progress report of 2018 (Nov 1 - Dec 31) is out now! The main highlight is the official launch of DATx N… https://t.co/7TRzG07f7J

a month ago

🎉The last 2018 progress report (Nov 1 - Dec 31) is out now! ...

🎉The last 2018 progress report (Nov 1 - Dec 31) is out now! The main highlight is the official launch of DATx Node… https://t.co/fOn1xuRONY

a month ago

The DATx blockchain explorer allows users to see an entire o...

The DATx blockchain explorer allows users to see an entire overview of DATxChain, ie: Number of homepage blocks Nu… https://t.co/2fj0G52dfo

a month ago

As a cross-chain hub, DATx requires a multi-chain blockchain...

As a cross-chain hub, DATx requires a multi-chain blockchain explorer: The xChain Explorer It consists of: DATxCha… https://t.co/kIZXOWpLW8

2 months ago

DATx Full Feature Test: Complete build of real environment ...

DATx Full Feature Test: Complete build of real environment to ensure functions of ✔️Cohesive frontend/backend inte… https://t.co/qtL0UxYoN0

2 months ago

Details for the DATx Node Candidacy Campaign are out now! F...

Details for the DATx Node Candidacy Campaign are out now! Find out about 👉Types of DATx nodes 👉Node election proce… https://t.co/c66BSqjPli

2 months ago

DATx Joint Test: Withdrawal requests initiated in a simulat...

DATx Joint Test: Withdrawal requests initiated in a simulated real scenario to test DATxChain transaction initiati… https://t.co/tjt1Uzbcqm

2 months ago

Seasons's greetings & happy new year from ASTON team #b...

Seasons's greetings & happy new year from ASTON team #blockchain #Xchain #ICO… https://t.co/nhZKVndTNP

2 months ago

DATx has demonstrated cross-chain asset flow in a real envir...

DATx has demonstrated cross-chain asset flow in a real environment with multiple nodes Using two tests, Full Funct… https://t.co/F7P86A78rw

2 months ago

DATxWallet is the main product of DATx, holding DATxChain as...

DATxWallet is the main product of DATx, holding DATxChain assets such as $DATx, dBTC, dETH, dEOS 👉DATxWallet allow… https://t.co/qUoucDpsOd

2 months ago

DATx Community let's get $DATx on Binance! ...

DATx Community let's get $DATx on Binance! https://t.co/AgAZtwNpzZ

2 months ago

👛 Master Wallet is the most important #UI of the DATx cross-...

👛 Master Wallet is the most important #UI of the DATx cross-chain ecosystem. Users can access all their on/off chai… https://t.co/1KPH4THtpC

2 months ago

DATx dToken Contract is one of the smart contracts of the MA...

DATx dToken Contract is one of the smart contracts of the MASC ✍️ Designed for DATxChain, governing release of map… https://t.co/SAyqvjYmjK

2 months ago

DATx On-Chain Asset LSPs monitor on-chains transactions to v...

DATx On-Chain Asset LSPs monitor on-chains transactions to verify they are irreversible ⏩ 👉Eliminates cross-chain… https://t.co/pb2GCgPFVm

2 months ago

DATx is on @BHEXOfficial Super Guild! Come & Join DATx ...

DATx is on @BHEXOfficial Super Guild! Come & Join DATx Super Guild to win BHEX Genesis Block Reward and Participat… https://t.co/DdqnsjsCTr

2 months ago

DATx Off-Chain Asset LSPs monitor off-chains transactions re...

DATx Off-Chain Asset LSPs monitor off-chains transactions related to DATx 🛡️Protects against -Malicious nodes -Dou… https://t.co/GA4y9hU9AC

2 months ago

DATx is excited to announce yet another listing! As of Dece...

DATx is excited to announce yet another listing! As of December 17 at 11:00 (UTC+8), DATX/ETH and DATX/BTC trading… https://t.co/QXzCbaoNYd

2 months ago

🔌What is DATx CCV Signature Plugin for? Counterpart to Loca...

🔌What is DATx CCV Signature Plugin for? Counterpart to Local Signature Plugin, it collects signatures from Cross-C… https://t.co/FgF6aaWXsk

2 months ago

🔌What is DATx Signature Collection Plugin for? It processes...

🔌What is DATx Signature Collection Plugin for? It processes user requests for asset withdrawals from the DATx cros… https://t.co/gnosKl9dow

2 months ago

Q: Why did DATx create the Meridians Plugin? A: The Meridia...

Q: Why did DATx create the Meridians Plugin? A: The Meridians plugin along with Listening Server Port (LSP) are th… https://t.co/ZBwztTbDwf

2 months ago

The DATx MSE Wallet system is designed not only for guarante...

The DATx MSE Wallet system is designed not only for guaranteed security, but also low transaction fees. 💪#Multisig… https://t.co/hHAn0YI8I8

2 months ago

$ETH MSE Wallet in the DATx ecosystem uses Ethereum smart co...

$ETH MSE Wallet in the DATx ecosystem uses Ethereum smart contracts to create multisig wallets: 👉Modular implement… https://t.co/C57tiJya0E

2 months ago

$BTC MSE Wallet in the DATx ecosystem is a multi-signature B...

$BTC MSE Wallet in the DATx ecosystem is a multi-signature BTC wallet with easily replaceable nodes: 👉Secured thro… https://t.co/gP8BJWzceg

2 months ago

$EOS MSE Wallet in the DATx ecosystem makes full use of EOS ...

$EOS MSE Wallet in the DATx ecosystem makes full use of EOS blockchain's multi signature design: 👉Secured through… https://t.co/d2GXeeIhpp

2 months ago

👛The DATx Multi-Signature Escrow (MSE) Wallet is complete! ...

👛The DATx Multi-Signature Escrow (MSE) Wallet is complete! 👉Secured by multiple nodes and node types 👉Each wallet… https://t.co/TSUIMKiDTp

2 months ago

💥 @Dashpay (DASH) is now officially listed on the DATx run e...

💥 @Dashpay (DASH) is now officially listed on the DATx run exchange platform, #BitDATx! Trading pairs include: 👉DA… https://t.co/w5DuwVAj8A

3 months ago

DATx is the first crop of projects to have a Super Guild on ...

DATx is the first crop of projects to have a Super Guild on @BHEX_Official, a next generation digital asset trading… https://t.co/v6iqrYYIyI

3 months ago

Why Use Blockchain Technology?

Why use blockchain technology? While there are certainly a lot of advantages to a distributed ledger, it may not be applicable to all companies or individuals-not yet, at least. The second question people usually ask when they hear about blockchain is-why use blockchain? Why use a distributed ledger? Why not use a regular database or legacy system as a system of record in this already digital world? After all, in many cases for business owners, updating existing infrastructure with blockchain technology may be costly, labor-intensive and not really worth it. In this article, we examine what a blockchain really is, what blockchain applications are, what they can do and-most importantly-why use blockchain? What Is Blockchain? A Distributed Ledger Just in case you need a little catch-up, people often talk about “blockchain” in the singular, as if it were only one. In reality, they should be talking about blockchain technology (also known as Distributed Ledger Technology or DLT) or blockchains in the plural, since there are many different ones, including public (permissionless) and private (permissioned) blockchains. Examples of public blockchains and distributed blockchain technology include the Bitcoin blockchain, the Ethereum blockchain, the NEO blockchain, and many others. Permissioned blockchains are adapted for corporate or organizational use, with one such example being IBM’s Hyperledger blockchain. But we’ll get into that in a moment. A blockchain (or distributed ledger) is essentially a massive, ever-growing ledger in which all blockchain transactions are recorded. Each block in the chain is chronologically connected to previous blocks and synched with the network nodes. This means that changing the data in one block would mean having to reverse all previous blocks before it, making it very hard to tamper with-very hard, although not entirely impossible. This is true of Ethereum, Bitcoin, and any other cryptocurrency that runs on blockchain technology using the proof-of-work consensus algorithm. To get a concise sense of the nature of blockchain and what blockchain offers, check out this explainer video below: How Blockchain Works The data sent to each block on the distributed ledger is based on encrypted Merkle Trees, which is a technical way of saying that no fraudulent transactions can be recorded. If any transaction that does not follow protocol rules is detected by the network nodes, it is expelled immediately. This inherently secure nature of distributed blockchain technology means that it prevents damage to the entire blockchain shared database and can cut off a hacking attempt at one block. The most well-known blockchain is that of the Bitcoin network where every transaction (that follows the protocol) is recorded and included in a block. Once a transaction is broadcasted to the network and confirmed by miners, the action cannot be reversed, nor can it be tampered with in any way. The same is true of Ethereum, which is responsible for smart contract technology. This open-source public ledger displays a history of all transactions and transaction data ever made. Most blockchains are sustained by miners. In the case of the Bitcoin blockchain, for example, it is the job of miners to confirm a Bitcoin transaction to the rest of the Bitcoin network by including them in blocks. Ethereum transactions on the Ethereum network work in the same way. These public blockchains are global and decentralized, visible to all. While many believe blockchains to be a system of record, they are not actually an effective means of storage, but verification. Simply put, blockchains ensure that everyone is on the same page and no single person can change the ledger for anyone else-if they did, the network would reject the attempt. This means that when one person sends bitcoin or ETH funds to another, the transaction data is public. That doesn’t mean that your name and private data is splashed all over the web, but the public address and amount can be seen. This is a key quality of blockchain technology that makes it so efficient when it comes to record verification and industries which require transparency. However, a decentralized public ledger where payment amounts are visible to all is not necessarily practical or useful in cases where privacy is necessary or desired. What Blockchain Can Do There has been a lot of marketing hype over what blockchain can do and what blockchain offers. To be sure, it is a life-changing technology that will bring great things over the years to come. But it’s also not a panacea for all the world’s ills. The very ability to transact peer-to-peer on the distributed ledger without a trusted middleman makes blockchain technology revolutionary. However, there have been plenty of fraudulent or over-exaggerated claims about what blockchain is for and what it can do. This is especially true through initial coin offerings where companies raise vast amounts of money often claiming to b

3 months ago

Sejong Telecom, one of the ASTON Alliance, has been main iss...

Sejong Telecom, one of the ASTON Alliance, has been main issue today that it can be the 4th telecommunication compa… https://t.co/rURwnalT7n

3 months ago

BIMAX exchange opens an event to celebrate listing ASTON on ...

BIMAX exchange opens an event to celebrate listing ASTON on the BIMAX! Meet ASTON at more exchanges  ▶Learn More… https://t.co/c9369rtvnD

3 months ago

ASTON, a completely decentralized platform through X.blockch...

ASTON, a completely decentralized platform through X.blockchain! Reflecting on ‘BIIC 2018’ last week – along with S… https://t.co/YjFXdEQP0x

3 months ago

Happy #Thanksgiving DATx community! Thank you for giving DAT...

Happy #Thanksgiving DATx community! Thank you for giving DATx a community. We could not have made it this far witho… https://t.co/i6zsWEqBVA

3 months ago

ASTON will be listed on ...

ASTON will be listed on https://t.co/W5Rg8UwGxd on Nov 26t, FRI. BIMAX exchange will hold various events for the o… https://t.co/FFmgEQhmlm

3 months ago

Let’s hear what Yongsuk Kwon, CTO of Aston says about Aston!...

Let’s hear what Yongsuk Kwon, CTO of Aston says about Aston! ▶ NEWS : https://t.co/l0xohLtGra #blockchain #Xchain… https://t.co/U42VV5lLGI

3 months ago

Altplanet, a partner company of ASTON will newly open its cr...

Altplanet, a partner company of ASTON will newly open its cryptocurrency exchange, COAex. ▶ NEWS :… https://t.co/gcHxmlCvzx

3 months ago

Before upcoming event BIIC 2018, let's learn more about ASTO...

Before upcoming event BIIC 2018, let's learn more about ASTON, developed based on X.blockchain and Smart-Pass-On!… https://t.co/2DryWCf78A

3 months ago

ASTON mainnet will be launched on X-mas! Please stay tuned ...

ASTON mainnet will be launched on X-mas! Please stay tuned for more exciting news! ▶ Medium :… https://t.co/y1liTTVxLz

3 months ago

BIIC 2018 will be held at Halla Grandball Room, Seoul Dragon...

BIIC 2018 will be held at Halla Grandball Room, Seoul Dragon City Hotel on Nov 20th through 21st! Meet ASTON team… https://t.co/XBEk85feFz

3 months ago

💫 DATx is now officially integrated onto @bitcloudpro! With...

💫 DATx is now officially integrated onto @bitcloudpro! With BitCloud, you can now trade DATx across multiple major… https://t.co/JSFS7iE8Kc

3 months ago

ASTON hopes to create the world whereby all participants bec...

ASTON hopes to create the world whereby all participants become active authentication agents rather than the simple… https://t.co/ARc0NPVJeT

3 months ago

KBIPA (Korea Blockchain Industrial Promotion Association) wh...

KBIPA (Korea Blockchain Industrial Promotion Association) where Seungki Kim, CEO of ASTON is a BOD member, holds th… https://t.co/GKdDryu27N

3 months ago


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