Augur REP

Market Cap $ 162.752 MM (#37)
24h Volume $ 2.797 MM
Chg. 24h: -1.67%
Algo. score 4.4/5  (#8)
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Augur News

In the Past 30 Days Researchers Found Over 40 Bugs on Blockchain and Crypto Platforms

A recent investigation has shown that white hat hackers have been able to locate more than 40 bugs in popular crypto and blockchain platforms in just the past 30 days. A total of 13 different crypto and blockchain related companies were found to contain a total of 43 vulnerabilities according to the report. The top offenders were Unikrn, which had 12 bugs, OmiseGo, which received six bug reports, and EOS came in third with five bugs. Other vulnerabilities were detected as well on Tindermint, Augur, Tezos, Monero, ICON, the popular wallet interface MyEtherWallet, Coinbase and Brave. (JF)

5 days ago

Decentralized Exchange Hodl Hodl Is Launching a Bitcoin-Based Prediction Market

Hodl Hodl, a peer-to-peer cryptocurrency exchange, has announced that it is launching a prediction market on Bitcoin. Slated for launch in the spring of 2019, it would be the first Bitcoin-based prediction market to go live on Bitcoin’s mainnet.A prediction market is a novel application of blockchain technology. The betting platforms allow users to secure odds, futures and outcomes with smart contracts. Two users place funds (traditionally, ether) into a smart contract to bet on futures for any given outcome; when the outcome arrives, the smart contract automatically pays out to the winner.Most prediction markets are built on blockchains with a more flexible smart contract language, like Ethereum. Augur, for example, pioneered the model when it launched in July 2018 as the first decentralized prediction market to make use of Ethereum’s ERC-20 token contract. Other prediction markets have followed suit, including Gnosis on Ethereum and Bhodi on QTUM.Despite Augur’s frontrunning status, Hodl Hodl believes that it can improve on aspects of the platform’s operations — specifically, in its solution to the “oracle problem:” How, for example, does the smart contract know who wins the World Cup, if bitcoin closed above $3,850 by midnight on March 8, or who won an election?You need software and people (oracles) to feed this data to the smart contract. The inherent counterparty risk becomes an issue of trust and accuracy: How do you keep oracles honest and how do you verify their inputs? To mitigate this risk, Augur leverages decentralized oracles. Multiple users are in charge of inputting data/results to make sure that the reported results of an outcome are accurate and that the smart contract pays out to the winning prediction.Decentralizing the sources of inputs, in theory, should ensure that every prediction market’s payout is consistent with real-world outcomes, but some opponents argue that there aren’t enough participants on these decentralized platform to prevent bad actors from gaming the system.“We're approaching this slightly differently,” Roman Ditko, Hodl Hodl’s chief technology officer, told Bitcoin Magazine. “The oracle [is] the two parties participating in a contract. In case of a dispute, Hodl Hodl steps in with its third key and is able to influence the decision.” It is the company’s belief that, whereas a decentralized system for judging bet outcomes can be influenced by bad actors, a peer-to-peer contract might be more ironclad.To contrast with the established model of prediction markets, on February 27, 2019, Hodl Hodl announced their own prediction market, the first to be built on the Bitcoin blockchain. Additionally, their oracle system, according to Ditko, “is not decentralized — we have a central server. But we're non-custodial. In the case of a prediction contract, both parties lock bitcoins in a 2-of-3 [key] escrow. Both of their keys are required to send the locked funds somewhere — unless they both sign the release transaction, bitcoins cannot be moved from there.”Under this system, there is no incentive to try and dispute the outcome of a bet, as the funds will not be released if the two parties disagree. If someone fudges the results of an outcome and both parties claim the coins, a tiebreaker ensues.“In case of a dispute,” said Ditko, “both parties may actually never come to a decision to unlock the funds, in which case Hodl Hodl can step in and use its third key along with one of the parties keys to unlock funds in their favor. Hodl Hodl cannot unilaterally move bitcoins to wherever it wishes to because we still need one of the user's keys (which we don't have) to sign the release transaction.” The company warns, however, that forcing the impartial mediator to step in may negatively impact a user’s ability to convince other users to enter new contracts.One solution to this problem could be having a third party mediator who, unlike Hodl Hodl, is not a stakeholder in the situation in any regard. Ditko is entertaining the idea, telling Bitcoin Magazine that “in the future we might have a user group called ‘mediators’ who would take on the role Hodl Hodl currently performs in case of a dispute — with a third key.” He added, however, “it's probably wrong to call that party an oracle, as the decision is not made by that single party.”“At launch,” he said, “we want to keep it as simple as possible and then see what needs to be improved.”Bitcoin Magazine asked Hodl Hodl to explain how its reputation system works but has not yet received a response. This article originally appeared on Bitcoin Magazine.

11 days ago

Sometime Best For Gov to Stay Out of Crypto Says US State Department Rep

Manisha Singh, acting Under Secretary for Economic Growth, Energy, and the Environment at the State Department, America’s equivalent of the Foreign Ministry in most countries, stated sometimes it is best for the... The post Sometime Best For Gov to Stay Out of Crypto Says US State Department Rep appeared first on Trustnodes.

12 days ago

Augur / BTC Technical Analysis: Waning Enthusiasm

Augur has turned bearish against Bitcoin over the short-term with the price falling below the pair’s key 200-period moving average on the four-hour time frame The REP / BTC pair’s medium-term outlook is bullish with multiple inverted head and shoulders patterns seen on the daily time frame The daily time frame also shows near-term price action trapped inside a descending triangle pattern Augur / BTC Short-term price analysis Augur has turned bearish against Bitcoin in the short-term, with the REP / BTC pair trading below its 200-period moving average on the four-hour time frame. The cryptocurrency has gradually been drifting lower, following a bearish downside breakout from a symmetrical triangle pattern on the four-hour time frame. Technical indicators on the mentioned time frame are currently neutral, suggesting that overall selling momentum remains fairly weak at present. REP / BTC H4 Chart (Source: TradingView) Pattern Watch Traders should note that the four-hour time frame is currently showing a bearish double-top pattern formation. Relative Strength Index The Relative Strength Index on the four-hour time frame is currently flatlined and trades close to neutral. MACD Indicator The MACD indicator is also neutral on the four-hour time frame and currently provides no clear trading signal. Fundamental Analysis In January, Augur was on the move after the announcement of Veil, which is build on top of Augur and allows users to buy leveraged long or short positions in BTC / USD, REP / USD, and ZRX / USD. However, after a massive price increase, Augur has been trending down. Investors have been fixing profits and cooling down their expectations. Although Veil is a new step for Augur, the project still faces the same problems as before, such as low adoption and limited scalability, which hinder its growth. Augur / BTC Medium-term price analysis Augur is bullish against Bitcoin in the medium-term, with the REP / BTC pair trading above its trend defining 200-day moving average. Multiple bullish inverted head and shoulders are also present across the daily time frame, adding to the overall medium-term bullish bias surrounding the REP / BTC pair. Price is currently trapped within a bearish descending triangle pattern; further bearish signs are also emerging with the daily time frame also showing a bearish triple top pattern formation. REP / BTC Daily Chart (Source: TradingView) Pattern Watch Traders should note that descending triangle patterns are typically bearish and start to take shape at the end of an uptrend, which could indicate weakness ahead of the REP / BTC pair. MACD Indicator The MACD indicator on the daily time frame is slightly bearish, although the MACD histogram is attempting to correct higher. Relative Strength Index The RSI indicator is bearish on the daily time frame and is signaling that pressure remains to the downside. Fundamental Analysis On a fundamental level, Augur is built and dependent on Ethereum, so until Ethereum resolves its scalability issues, Augur will remain highly susceptible to speculation-driven moves. Conclusion The REP / BTC pair is likely to remain under pressure in the short-term until buyers start to take control of the cryptocurrency above its 200-period moving average on the four-hour time frame. The daily time frame shows tremendous bullish potential, with the REP / USD showing multiple inverted head and shoulders pattern. The bearish triple top and descending triangle pattern on the daily time frame suggests that sellers may soon force a test of the cryptocurrencies trend defining 200-day moving average. For a quick overview of the project, head over to our Coin Guide for Augur here. [{"date":1520373845000,"value":43.7656,"volume":1915310},{"date":1520460246000,"value":39.213,"volume":2413860},{"date":1520546645000,"value":38.1901,"volume":2967660},{"date":1520633045000,"value":35.8865,"volume":3421330},{"date":1520719446000,"value":33.3401,"volume":2522010},{"date":1520805846000,"value":36.1961,"volume":3491660},{"date":1520892245000,"value":34.7731,"volume":2110320},{"date":1520978645000,"value":37.456,"volume":2627000},{"date":1521065045000,"value":30.5614,"volume":5626650},{"date":1521151445000,"value":31.9517,"volume":3470340},{"date":1521237845000,"value":33.6877,"volume":2836850},{"date":1521324245000,"value":30.7219,"volume":2146220},{"date":1521410646000,"value":29.8757,"volume":3306200},{"date":1521497046000,"value":32.2761,"volume":6307410},{"date":1521583145000,"value":36.0185,"volume":3042460},{"date":1521669545000,"value":36.029,"volume":1962230},{"date":1521755945000,"value":35.0839,"volume":2113140},{"date":1521842645000,"value":34.5855,"volume":1804200},{"date":1521929045000,"value":35.3193,"volume":1792100},{"date":1522015445000,"value":34.9009,"volume":1367700},{"date":1522101245000,"value":33.6375,"volume

12 days ago

Hodl Hodl plan Bitcoin-centric prediction market to launch in spring this year

The Latvia-based Hodl Hodl team behind the non-custodial p2p exchange and the Bitcoin-maximalist friendly Baltic Honeybadger conference, have recently outlined their plans for a Bitcoin-focused prediction market, similar to the Augur platform which is currently active on the Ethereum network. Hodl Hodl currently offer a straightforward p2p exchange platform, which functions like a...

13 days ago

Blockfi Launches Interest Bearing Savings Accounts for Cryptocurrencies

On March 4, cryptocurrency-backed USD lending platform Blockfi announced the launch of a new savings program called the Blockfi Interest Account (BIA). Having started as a private beta service, BIAs are now available to the public who can store bitcoin core (BTC) and ethereum (ETH) and receive 6 percent annual interest, paid monthly in cryptocurrency. Also read: An In-Depth Look at Ethereum’s Maker and Dai Stablecoin Blockfi Introduces Savings Account That Earns a Return on BTC and ETH Holdings Cryptocurrency lending company Blockfi has initiated a new service that provides investors with annual interest on stored cryptocurrencies. The Blockfi Interest Account (BIA) enables customers to earn 6.2 percent a year compounded monthly by simply storing BTC or ETH in an account. Last July, Blockfi raised $52.5 million to get the company rolling with a funding round led by Michael Novogratz’ company Galaxy Digital. In August, the lending firm was approved to operate its services in California. According to Blockfi, the newly created BIA savings program was initially launched in private beta and managed to attract $10 million worth of ETH and BTC from retail, corporate, and institutional investors. “The launch of BIA is another significant step in Blockfi’s goal of becoming the go-to provider of financial services for crypto investors,” said Blockfi CEO Zac Prince on March 4. “Lending and borrowing are readily available at the institutional level, and we’re excited to leverage our relationships and capital markets expertise to provide utility and yield on digital assets for all crypto investors.” Blockfi details that the BIA service is available to customers worldwide and the digital assets are held by the Gemini Trust Company in New York. Gemini recently announced its custodial services and completed a SOC 2 Type 1 security compliance review. Blockfi says customers accrue the 6.2 percent on a monthly basis and are able to initiate withdrawals at any time. “As crypto markets mature, greater liquidity will be constantly required to keep markets orderly,” Rene van Kesteren, Blockfi’s chief risk officer stated. “By providing a transparent yield on BTC and ETH, Blockfi will be a key part of the trading and market making ecosystem.” Blockfi Joins a Few Other Startups Offering Compounded Crypto Yields Blockfi is not the only firm offering cryptocurrency investors a yield on BTC and ETH. Last August, the U.S. Commodity Futures Trading Commission (CFTC) regulated exchange Ledgerx launched an interest-bearing BTC savings platform. According to Ledgerx, the program allows clients to gain an annualized return of roughly 16 percent, even when crypto markets are not appreciating. Unlike Blockfi, Ledgerx holds the digital assets and a U.S. bank holds the accrued USD interest. The Ledgerx savings program. Another company headquartered in San Francisco called Compound has developed a platform that creates a decentralized interest rate market for cryptocurrencies. The Compound application uses BAT, ETH, and REP within its protocol that runs on the Ethereum network. The startup received $8.2 million in seed funding from venture capital firms like Andreessen Horowitz, Polychain Capital, and Bain Capital Ventures. Flori Marquez, cofounder and VP of Blockfi operations, believes the startup’s compliance programs set it apart from the competition. The yield earned by BIA customers is generated by Blockfi’s institutional borrowers and from participants from the company’s last fundraiser. Since Blockfi launched, it has also added litecoin and GUSD for crypto-backed loans. “Blockfi’s proprietary risk management system, which automatically initiates margin calls and liquidations to protect our customers’ assets, has a perfect zero-loss performance record since launching in 2017,” concluded the company’s announcement. What do you think about Blockfi’s BTC and ETH savings program with its 6.2 percent annual interest? Let us know your thoughts on this subject in the comments section below. Image credits: Shutterstock, Blockfi, and Ledgerx Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from The post Blockfi Launches Interest Bearing Savings Accounts for Cryptocurrencies appeared first on Bitcoin News.

14 days ago

Hacked Crypto Startup Cryptopia To Open Its Doors Again, First Through “Read Only” Site

Cryptopia To Launch “Read Only” Site The day has finally arrived. At long, long last, Cryptopia, an altcoin-centric exchange has revealed that it will be reopening its doors. Or in some capacity (not full), at least. The New Zealand-headquartered exchange, hacked approximately six weeks ago for reported millions in an array of crypto assets, took to Twitter to give information on this subject matter just recently. According to the recent update from the firm, who has presumably got clearance from Christchurch authorities and other officials to restart its platform, a “read-only” version of the site will go live sometime today. This site, which will have trading, deposits, and withdrawals disabled, will show balances dated to January 14th, 2019, days before the hack. The read only site will be live today, it will show balances as at 14th Jan 2019. Please use this site to reset passwords and 2FA credentials. We are finalising a rebate process for affected users, more details to follow. Thank you for your support during the last few weeks. — Cryptopia Exchange (@Cryptopia_NZ) March 4, 2019 Cryptopia intends this version of its site to allow users to reset passwords and their two-factor authentication credentials/details. Interestingly, the company didn’t divulge when it would totally reopen its services, but it did note that 24% of all wallets under its custody have been transitioned to new secure servers. How Much Crypto Was Lost, And What’s Next? That’s the question that remains on the minds of all Cryptopia users, now creditors to the exchange. Well, as reported by Ethereum World News previously, the company divulged that a “worst case 9.4%” of its holdings were stolen in the hack, meaning that a majority of the cold wallets were left untouched in this imbroglio. But interestingly, the exact dollar value of the crypto funds was not divulged. However, blockchain analytics group Elementus picked up where the hacked platform was slacking. Per previous reports, Elementus, a New York-headquartered boutique, compiled an in-depth report on the matter that outlined the severity of the attack. The firm’s researchers concluded that over $16 million U.S. dollars worth of Ethereum and ERC20 tokens were stolen by the attackers. $3.57 million of the sum was in ETH, $2.446 million in Dentacoin, $1.948 million in Oyster Pearl, and the list goes on. Other prominent tokens, including TrueUSD, OmiseGO, Sirin Labs, ZRX, and Augur’s REP, were also snatched. Just days after Elementus released its report, the New Zealand-headquartered exchange was hit again. According to a follow-up from Max Galka, the chief executive of the research boutique, 17,000 Cryptopia wallets saw 1,675 Ether leave their care. As to what’s next for unfortunate victims to this debacle, Cryptopia claims that it is currently finalizing a “rebate process for affected users,” adding that details will follow. Will those affected by this fracas get reimbursed? Photo by Mahesh Ranaweera on Unsplash The post Hacked Crypto Startup Cryptopia To Open Its Doors Again, First Through “Read Only” Site appeared first on Ethereum World News.

15 days ago

15. As expected, there’s been a massive spike in Augur chatt...

15. As expected, there’s been a massive spike in Augur chatter around the launch of Veil (Jan 15th), corresponding…

19 days ago

14. Finally, let’s use ...

14. Finally, let’s use to gauge the social prevalence and popularity of Augur on crypto-rel…

19 days ago

13. Clearly, the major portion of all REP trxs has been tied...

13. Clearly, the major portion of all REP trxs has been tied to exchanges. There are virtually no DEX trades withi…

19 days ago

12. We can gain additional insights by splitting all REP trx...

12. We can gain additional insights by splitting all REP trxs by parties involved: Blue - Deposit transactions Ye…

19 days ago

8. This indicates that the Augur network has, over time, bec...

8. This indicates that the Augur network has, over time, become *less speculative* in nature, with a growing share…

19 days ago

7. Both graphs tell the same story: prior to 2018, share of ...

7. Both graphs tell the same story: prior to 2018, share of deposit addresses involving REP remained more-less stab…

19 days ago

5. We can learn a lot about the speculative interest in REP ...

5. We can learn a lot about the speculative interest in REP over time by plotting REP-related deposit addresses aga…

19 days ago

4. The most active address in the REP ecosystem by a mile is...

4. The most active address in the REP ecosystem by a mile is 0xb2d955733e6a470533f68f72d0af442070f24f55, which belo…

19 days ago

3. Grouping addresses by # of trxs involving REP: Addresses...

3. Grouping addresses by # of trxs involving REP: Addresses with lifetime total of 2 REP trxs make up the lion’s s…

19 days ago

2. First, an overview of the REP Network: Lifetime total of...

2. First, an overview of the REP Network: Lifetime total of REP trxs: 466,212 Splitting trxs by contracts: 1st (o…

19 days ago

1. Our analysts recently conducted a deep audit of the @Augu...

1. Our analysts recently conducted a deep audit of the @AugurProject network and its native asset (REP). We found…

19 days ago

🎊 For those of you using the local light client, we've updat...

🎊 For those of you using the local light client, we've updated version 1.8.23 of Geth. 💪 Are you using Augur with t…

20 days ago

Come build something on Augur and claim a REP bounty! Submis...

Come build something on Augur and claim a REP bounty! Submissions open until the end of week.

21 days ago

Augur (REP) Users Predict Bohemian Rhapsody Will Win Best Picture at the Academy Awards

According to users on the prediction platform Veil, part of the Augur oracle and prediction market protocol built on the Ethereum blockchain, Bohemian Rhapsody is the top pick for this years Best Picture Award at the 91st Academy Awards, which airs on Sunday, February 27th. The Veil platform enables users you buy for (i.e. long) or against (i.e. short) any film, and sell those positions if public perception, and price, changes. There is currently 128.3 ETH wagered on who will win the Best Picture award, worth approximately $17,000. (JF)

23 days ago

Even Without Scaling, Several dApps Have Been Developed on Ethereum, Says Cybersecurity Expert Anthony Sassano

According to Anthony Sassano, a cybersecurity professional the Co-founder of EthHub, legitimate use cases for Ethereum already exist, even when the Ethereum blockchain network has not been able to scale successfully. Sassano argued via Twitter that, “scaling is coming, but Ethereum has already delivered substantial value without it.” According to him, “people are putting too much emphasis on scale as a ‘make or break’ for Ethereum.” Sassano pointed out that the several dApps have already been deployed on Ethereum even without scaling. The apps include MakerDAO, Stablecoins, Burner Wallet, Uniswap, Augur, Compound, and Gnosis. (VK)

a month ago

Want to Know What Tokens Vitalik Buterin and other Ethereum Devs Hodl? They Shared Their Blockfolios on a Reddit AMA

Two days ago, Hudson Jameson, a Developer and Co-Founder of Oaken Innovations, proposed a Reddit AMA to clarify certain points regarding leadership and accountability in the Ethereum community. This was due to a controversy that arose as a result of Afri’s announcement to abandon the Ethereum project. Until further notice, you can reach me via, on Telegram using changing handles, and on Parity's Riot/Github. I will no longer respond on Gitter, Skype, Discord, Slack, Wire, Twitter, and Reddit. — Afri (@5chdn) February 17, 2019 I did not quit social media, I quit Ethereum. I did not go dark, I just left the community. I am no longer coordinating hard-forks, building testnets, or contributing otherwise. I did not work on Polkadot, I never did, I worked on Ethereum. I did not hate Ethereum, I loved it. — Afri (@5chdn) February 19, 2019 Afri’s resignation came after he wrote a series of Tweets saying that Polkadot could surpass Ethereum 2.0. He compared both projects while pointing out specific weaknesses of the Ethereum network. Of course, Afri’s opinions annoyed the part of some members of the community, who demanded that he withdraw from the project. Jameson speculates that Afri ended up giving in to the pressures and decided to take one step back. I'm so angry and disappointed in the Ethereum community. You ran out one of our best contributors for the dumbest reasons. More people should have spoken up in support and there needs to be less vitriol. — Hudson Jameson (@hudsonjameson) February 17, 2019 Given the turbulence experienced in the community, the idea of creating a Reddit AMA was seen as positive by the Ethereum team, who took the opportunity to clarify doubts and get closer to the community. One of the most popular comments was that of ezpzfan324. This user remarked that to avoid repeating situations like the one experienced with Afri, it would be advisable for the critical members of Ethereum to make a Conflict of Interests Statement. Vitalik Buterin: 80% ETH Vitalik Buterin welcomed this proposal and responded quickly, revealing to the community the tokens he has invested in and the proportion of his investments: “Here’s a quick one from me: Non-ethereum-ecosystem tokens: BCH, BTC, DOGE, ZEC; total value < 10% the value of my ETH Non-ETH ethereum ecosystem tokens: KNC, MKR, OMG, REP, total value <10% the value of my ETH Significant corporate shareholdings: Clearmatics, Starkware [edit, forgot to put this in before] Revenue in the last 12 months other than ethereum foundation salary: a few advisor tokens (included in above) Non-financial interests: friends in the ecosystems represented by the above projects, as well as some non-token ethereum ecosystem orgs (eg. L4, Plasma Group, EthGlobal, EDCON) and non-token non-ethereum orgs (mainly professional cryptography and economics circles) I’d definitely support more people actively involved in protocol decision-making making such statements!” Justin Drake: 99% ETH Justin Drake, another member of the Ethereum developer team also shared his investments, following in the footsteps of Vitalik Buterin: “Quick summary here: 99% of token value in ETH (was given minor airdrops for free) Paid by the EF in ETH Leverage long ETH using ETH as collateral (MakerDAO) Close to zero fiat Not associated with any blockchain project other than Ethereum Zero speaking fees, zero grants” Martin Swende: +95% ETH Martin Swende, another important member of the Ethereum Dev Tem also shared his crypto holdings and the origin of his investments: “I’ll join in 95-99% of crypto holdings in ETH, rest is ZEC, BTC, SIA + some eth-tokens Salary/income last 12 months: all via EF (in euro) I previously also sometimes did consultancy audits, haven’t done any in a long time Advisor in zero projects, zero speaking fees, zero grants received, etc.” They did not disclosed how much money the have invested, but just by knowing which tokens they own seems as a good reference to measure the potentional of some projects. The post Want to Know What Tokens Vitalik Buterin and other Ethereum Devs Hodl? They Shared Their Blockfolios on a Reddit AMA appeared first on Ethereum World News.

a month ago

Vitalik Buterin revela quais criptomoedas ele investe

Por: Livecoins Em um recente Reddit AMA (perguntas e respostas), Vitalik Buterin, co-criador da Ethereum, divulgou as criptomoedas que tem além da própria ETHEREUM. O co-fundador da Ethereum listou os Tokens em que ele investiu, bem como outras fontes de renda e interesses não financeiros que ele achava que precisavam ser compartilhados com a comunidade. O que pode ser uma surpresa para muitos na comunidade é que ele tem duas shitcoins (moeda sem futuro, propósito ou valor), a Bitcoin Cash (BCH) e a Dogecoin (Doge). Ele disse que tem Bitcoin (BTC) e Zcash (ZEC). Juntos, essas moedas somam menos de 10% do valor total de suas propriedades. Ele também tem investimentos em alguns tokens baseados em Ethereum: Rede Kyber (KNC), Maker (MKR), OmiseGo (OMG) e Augur (REP). O artigo Vitalik Buterin revela quais criptomoedas ele investe foi publicado originalmente em Livecoins.

a month ago

Vitalik Buterin Discloses Non-ETH-based Crypto Holdings and Other Sources of Revenue

During a recent “Ask Me Anything” (AMA) Reddit thread Ethereum co-founder Vitalik Buterin revealed that he holds Bitcoin Cash, Bitcoin, Dogecoin and Zcash in his portfolio and the combined value of these holdings account for less than 10 percent of the value of his Ethereum holdings. Vitalik also said he owns Kyber, OmiseGo, Maker, OMG, and Augur and clarified that these holding also represent less than 10 percent of the value his ETH holdings. Buterin mentioned that he has “significant corporate shareholdings” in blockchain research firm Clearmatics and a privacy-focused blockchain startup called Starkware. Buterin said he also draws income for his role with the Ethereum Foundation and for the advisory services that he provides to the tokens disclosed in his portfolio. (RS)

a month ago

Four Best Multi-Cryptocurrency Wallets in 2019 for Coin Storage

Over the years, investors have faced a common problem of locating the safest and convenient medium to store their cryptocurrencies after purchasing them from the exchange websites. We have, therefore, compiled some of the best cryptocurrency wallets that offer storage services for multiple coins. Coinpayments Coinpayments is one of the most popular and renowned cryptocurrency wallets on the internet. It is an online based cryptocurrency wallet with an App that can be installed on mobile devices. It has one huge advantage and that is its ability to support multiple coins without the need to signup for different platforms. Its popularity reached its peak when it became supportive to 1200 cryptocurrencies. Exodus I took a time to go through some reviews about this wallet and to my utmost surprise, Exodus wallet has garnered popularity among most of the cryptocurrency users. I have personally used the wallet and I was amazed by its design. Exodus wallet supports multiple cryptocurrencies and best of all, it is an offline wallet. This means private keys generated are not stored by the platform, and they have no access to your coins. It is completely free to use and has a fair transaction fee. It also offers a one-time click feature. This means there is no need to go through an authentication process before doing an exchange. Jaxx Just as the Exodus wallet, Jaxx is one of the best mobile based wallets on the internet. Jaxx is also compatible to windows and other OS devices. It is an offline wallet that does not hold your private keys and have no access to your stored cryptocurrency. In this case, users have absolute control over their funds. Edge Wallet Edge wallet was created in February 2018 and has been one of the best cryptocurrency wallets out there. It was earlier created for only Bitcoin but later rebranded itself to support multiple cryptocurrencies. One of its strength is its “easy to use” feature. It does not demand users to undergo any long process of verification before getting access to their funds. Users have to enter their passwords and pin code to login. In a situation where a user loses his/her device, the wallet can be restored on a new one. It offers two-factor authenticator and recovery code to retrieve an account. Edge wallet support cryptocurrencies including Bitcoin, Bitcoin Cash, Ripple (XRP), Litecoin, Augur (REP), Wings, and Matryx. The post Four Best Multi-Cryptocurrency Wallets in 2019 for Coin Storage appeared first on ZyCrypto.

a month ago

Actualización de Ethereum está cerca: Constantinopla llegará a finales de febrero

La noticia se produce después de que el lanzamiento de la actualización previsto para el mes pasado se atrasara por un error en el código descubierto por Chain Security. ***La actualización de Ethereum a Constantinopla, parece tener su fecha de lanzamiento finalmente fijada. Tras el retraso del mes pasado, cuando una empresa de auditoría encontró errores en su código, el lanzamiento está previsto para finales de febrero. Gracias a la implementación de varias Propuestas de Mejoramiento de Ethereum (EIPs), la actualización supone una optimización en el rendimiento y el mantenimiento de la plataforma.El mes pasado, a dos días de que se encontrara el error de código, el desarrollo de Constantinopla produjo la difusión de varios hotfixes -los “parches” utilizado para solucionar problemas de software. No obstante, no todos lograron recibir el mensaje, y algunos mineros se encontraron minando en una Blockchain inválida. (adsbygoogle = window.adsbygoogle || []).push({});En esta oportunidad la bifurcación llegará al bloque 7.280.000, y la Fundación Ethereum ha destacado que se comunicará mejor con los mineros para evitar inconvenientes.En una entrevista con CoinDesk, Hudson Jameson, el encargado de las relaciones con los desarrolladores de la Fundación Ethereum, comentó: Sospecho que todo saldrá según lo planeado. El número de bloque ha sido configurado y ahora [la actualización] está codificada para los clientes, así que todo va bien.Dos bifurcacionesUna solución para los desarrolladores fue excluir el problemático EIP -EIP 1283- del lanzamiento de Constantinopla. La idea es introducir dos bifurcaciones en el bloque 7.280.000: una para implementar Constantinopla, y otra para eliminar el EIP en cuestión. Los desarrolladores también aseguraron que las pruebas para la actualización ya han terminado.Matthias Egli, el Director de Operaciones de Chain Security, la empresa que encontró el error, explicó el asunto en términos sencillos:Uno dice que Constantinopla se activa en el bloque número[7.280.000]. En este mismo bloque se activa Petersberg, que toma preferencia sobre Constantinopla e inmediatamente la reemplaza.Una característica adicional que se implementará es la capacidad de hacer cambios a un contrato inteligente sobre múltiples transacciones, si se cumplen ciertas condiciones. “Un caso de excepción“, denominado SKINNY CREATE2.Esta noticia llega cuando Ethereum supera nuevamente a Ripple (XRP). Las dos criptomonedas se debaten repetidamente por el 2º y el 3º lugar de la criptomoneda más valiosa según su capitalización de mercado. Mientras tanto, los usuarios de la plataforma de predicción de mercado Augur están realizando sus apuestas sobre la fecha de lanzamiento de Constantinopla, y una minoría estima que ocurrirá en marzo.Fuente: Invest in BlockchainTraducción de Hannah Estefanía Pérez / DiarioBitcoinImagen de Unsplashactualización Ethereum, bifurcación, blockchain, Constantinopla, contrato inteligente, EIPs, Fundación EthereumAdvertisements (adsbygoogle = window.adsbygoogle || []).push({}); The post Actualización de Ethereum está cerca: Constantinopla llegará a finales de febrero appeared first on DiarioBitcoin.

a month ago

On-chain activity under the microscope: Uniswap leads ETH/MKR market, difficulty bomb dampens Ethereum issuance

Uniswap becomes dominant market for ETH/MKR Uniswap, the Ethereum automated exchange protocol, is now the number one trading venue for the ETH/MKR pair, with over $329,000 in volume over the last 24 hours. Ethfinex and OKEx follow closely behind with $257,000 and $228,000 respectively. Uniswap’s success may be partially driven by the temporary closure of OasisDex, the MakerDAO project’s native exchange. Source: At present there is 1258.17 MKR and 5616.33 ETH in the MKR liquidity pool, with a combined USD value of approximately $1,300,000. Over 2,000 ETH and 474 MKR were added to the pool on Feb. 11 alone, representing a 110 percent increase in liquidity. Source: Interestingly, despite the outsize volume, there remains a 6.88 percent price discrepancy between the MKR/ETH price on Uniswap and that on competing exchanges. Uniswap currently prices MKR at $496.08, whereas Ethfinex, OKex, and Kyber Network price MKR at $529.84, $530.19, and $532.42. Over time we should expect arbitrageurs to close this spread, buying up MKR on Uniswap and selling on Ethfinex until the prices start to converge. In other MakerDAO related news: following a successful proposal, the stability fee has been raised from 0.5 percent/year to 1 percent/year. Source: In a blog post announcing the interest rate increase, the MakerDAO team cited high Dai inventory and a failure to maintain the $1 peg as primary reasons for the change. Increasing the stability fee should incentivize CDP owners to wipe their debt, helping Dai return to its peg by decreasing circulating supply. Ethereum block times up, daily issuance down Ethereum’s average block time and daily issuance continue to rise and fall, respectively, as the Ice Age creeps in and increases difficulty. Block times on Feb. 12 averaged at 20.12 seconds, while issuance was 12,189 ETH. The difficulty bomb effect increases by a factor of two every 100,000 blocks. Source: The Ice Age will be pushed back through the upcoming Constantinople upgrade, which is expected to arrive later this month. As a result, block times should return back to roughly 14 seconds. However, due to the reduction in block rewards from 3 ETH to 2 ETH per block proposed in EIP-1234, daily issuance will actually stay roughly consistent with current levels. Augur open interest falls after Midterm market resolution Open interest on Augur fell 38 percent between Feb. 2 and Feb. 3 as the infamous House Representatives Midterm market finally resolved, with the outcome ultimately favouring ‘Democrats’. It’s estimated that participants who staked REP in favour of the ‘Republicans’ outcome lost ~$5,860 in REP. Source: Bonus: an interview with Joe Midterms, a pseudonymous trader who used Augur to bet half a million dollars worth of Ether that the Republicans would hold the House. At present, there is over $825,000 in open interest across all Augur markets. The largest market by money staked is “Will Donald Trump be Re-Elected in 2020?”, with users currently predicting a 40 percent chance of the President retaining his job. WBTC daily transaction count wavers WrappedBTC (WBTC), the ERC20 implementation of Bitcoin, launched on Jan. 30. There is currently 72.4214 WBTC in circulation, valued at just over $260,000. According to Etherscan, there are currently just 205 addresses holding WBTC. Since WBTC’s launch, daily transaction count has floundered, with just 28 transactions on Feb. 12. Source: If you consider WBTC to be a store of value then the lack of transaction activity makes sense: owners are looking to hold over the medium-long term, benefiting from any price appreciation. However, given that WBTC was marketed as a means for BTC to interact with Ethereum’s Open Finance applications, the lack of transaction activity to date may fall short of expectations. January sees all time high Truffle downloads Truffle, the ConsenSys led Ethereum development framework, saw an all time high 115,890 downloads in January, while downloads are up 9 percent over the last three months. Source: The post On-chain activity under the microscope: Uniswap leads ETH/MKR market, difficulty bomb dampens Ethereum issuance appeared first on The Block.

a month ago

Ethereum [ETH] Price Action - Price Consolidation After Overtaking XRP

Ethereum Daily Chart - Source: A bullish surge last week resulted in Ethereum overtaking XRP to become the largest altcoin by market cap. The price has since been consolidating at the 50% retracement level between the December low and the January high. Any drops have met support at $114 which has been an important level for the price since mid-December and was the point where price made a bullish break. Just below this level is the 0.618 Fibonacci retracement level which has acted as a pocket of buyer liquidity in the cases that price dropped below $114 support. The key resistance level above the current price to monitor is around $130 where the 0.382 Fibonacci retracement level lies. The price has previously met resistance at this point during rises. Ethereum Hourly Chart - Source: The price of Ethereum has been performing more bullishly than other top cryptocurrencies in recent market conditions. Price has been trading in an upward channel while the top cryptocurrency Bitcoin has been trading in a downward channel. Nonetheless, it is likely that the next significant move in Ethereum will follow the market leader Bitcoin. Many analysts are viewing the current downward channel Bitcoin is trading in as a bull flag pattern forming. Bitcoin 4-Hour Chart - Source: Key Takeaways: Ethereum has been consolidating around the 50% retracement level between the December low and January high Key support level to monitor for Ethereum is $114 and the key resistance level to monitor is around $130 where the 0.382 Fibonacci retracement level lies It is likely that the next significant move in Ethereum will follow the market leader bitcoin which many analysts are viewing as currently forming a bull flag pattern Latest Ethereum News: ConsenSys Lists 16 Ethereum Blockchain-based Games You Can Make Money Playing Augur Prediction Market Successfully Claimed That the Patriots Would Win the Super Bowl DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Ethereum [ETH] Price Action - Price Consolidation After Overtaking XRP was originally found on Cryptocurrency News | Blockchain News | Bitcoin News |

a month ago

Augur Price Analysis: Novelty betting markets growing in popularity

On the back of positive speculative momentum created by the launch of the Veil platform, the REP token has emerged as a market leading alt-coin, up more than 50% since the 1st of January. Although price has slid since its initial surge, a number of technical and fundamental indicators point to good times ahead for REP.

a month ago

@Jyannos @benjmnr @veil Bets on Augur and placed and settled...

@Jyannos @benjmnr @veil Bets on Augur and placed and settled with ETH, not REP (volatility in regards to locking ET…

a month ago

💸 Using the Augur UI to transfer ETH and REP? It now takes i...

💸 Using the Augur UI to transfer ETH and REP? It now takes into account gas costs and lets you transfer all ETH (mi…

a month ago

Bitcoin Price Gets Stuck in a Rut as Traders Wade Through Low Volatility

The broader crypto market has been stuck in a rut amid low volatility and weak trading volume, CCN reports. For now, BTC remains below the key $3,500 threshold, with the exception of Bitfinex, where the price at $3,504 is higher than all other crypto exchanges. Coinbase, Bitstamp, Gemini, and others all have BTC trading below $3,500. Meanwhile, the Ethereum price is up fractionally and has managed to trade above the $105 level to $107 after falling as low as $103 over the past week. There was some Super Bowl betting on prediction market Augur, which is built on Ethereum, but the results of both the game and the wager were nothing to write home about. XRP, which still trades mostly correlated to the BTC price, is currently down fractionally to $0.30. The combined value of the crypto market now hovers at $113.5 billion. (GT)

a month ago

Augur Prediction Market Successfully Claimed That the Patriots Would Win the Super Bowl

On Feb 3, ConsenSys reported that the Augor Prediction Market is favoring the Patriots to win the 2019 Super Bowl, which has now turned out to be the case. The New England Patriots emerged victorious over the Los Angeles Rams as Augur’s crowd generated prediction markets suggested. Betting on the High Stakes Game A survey by Morning Consult for the American Gaming Association suggested that 1 in 10 Americans were planning to bet on the Super Bowl this year, which could hit a total of $6 billion. Most of this money will be bet illegally, through offshore online sportsbooks, local bookies or bets between friends. Legal betting with Nevada sportsbooks last year amounted to only $158.6 million which was a record year. The house often charges high fees for these bets as so few people can bet legally. The Nevada sportsbook earns 7.37% in profit on average for Super Bowl bets. On Augur the fees are only 1.97% for the “highest volume Super Bowl bet, which would add up to $3.1 million.” In Vegas, 52% of bets were placed on the Rams and Patriots emerged as favorites with 2.5 points on January 29. On Augur, a prediction market favored New England Patriots by 3% over the Los Angeles Rams. Another market comparing only the two teams favored the Patriots by 54.9%. What Is Augur? Augur is a prediction market platform where users can easily bet on a market of their choice- from sporting events to elections. Designed on the Ethereum blockchain, the Augur protocol allows users to buy or sell shares for either or all of the possible outcomes. When a user creates a market on Augur, he is allowed to set all possible outcomes and split these options into shares. The sum of all the shares split should be $1, meaning a 100% probability. If somebody owns a winning share, they earn $1. According to ConsenSys, there is a crucial difference between Vegas sportsbooks and Augur. With Augur the market maker doesn’t dictate the odds, whereas with Vegas it does. Augur simply focuses on the “wisdom of the crowd” to decide the probability of a certain event happening. It is based on proven scientific evidence that a large crowd is often better at predicting outcomes than experts. Augur Prediction Market Successfully Claimed That the Patriots Would Win the Super Bowl was originally found on Cryptocurrency News | Blockchain News | Bitcoin News |

2 months ago

Crypto Market Wrap: Motionless Monday as Markets Plateau

Market Wrap Crypto market immobile on Monday; most majors falling back, only Tron survives. Crypto markets have been rather lethargic over the weekend and that lethargy has extended into Monday morning. There has been no attempt at recovery and total market capitalization is still painfully low at below $115 billion. Bitcoin has floated around the $3,470 level for the past couple of days with no attempts at pushing higher. BTC hit a low of $3,450 a couple of hours ago but hasn’t moved much since, remaining where it has been for the past few days. Ethereum is also weak and remains under $110 with a further loss on the day. XRP has suffered a little more but it remains over $1 billion ahead of ETH in terms of market cap. The top ten is a sea of red at the moment but movements are minimal. Tron is the only altcoin posting a minor gain of one percent but it is not enough to move from eighth place. Litecoin has managed to hold recent gains and sixth place with a marker cap over $2 billion. The rest are in negative territory but only by a fraction. The top twenty is equally immobile and the only direction is down for most of the altcoins. NEM is still sliding back following the negative news last week as it slides further down the charts. Most of the rest are pretty static during the day’s Asian trading session. There are no fomo induced pumps going on at the time of writing. The top performing altcoin in the top one hundred is Theta with a 6% gain. The situation is similar at the other end of the scale as Aurora drops 10% followed by Augur at 7%. Nothing else has changed since Friday. Over the past 24 hours total crypto market cap has not really moved so much. Markets dropped to an intraday low of $113 billion but things are back where they were the same time yesterday at just over $114 billion. Bitcoin dominance as remained above 53% and there is very little to report at the moment for cryptocurrencies. Market Wrap is a section that takes a daily look at the top 20 cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals The post Crypto Market Wrap: Motionless Monday as Markets Plateau appeared first on NewsBTC.

2 months ago

Decentralized Protocols Are Making It Easier Than Ever to Gamble With Cryptocurrency

Americans wagered $140 million on the 2017 Super Bowl, but if sports betting was legal nationwide, that figure would have been closer to $5 billion, it’s believed. Save for a handful of states such as Nevada, sports betting is outlawed in the U.S., though a Supreme Court ruling last year looks set to change that. In the meantime, decentralized protocols are making it easier than ever for cryptocurrency users to bet on a range of events including the Super Bowl. Also read: New Hampshire House Subcommittee Approves Bitcoin for Taxes Bill Bitcoin and Betting After drugs, gambling is the vice most commonly associated with cryptocurrencies. While bitcoin has a wealth of applications, it is no coincidence that bitcoin’s first “killer app” was hi-lo betting site Satoshi Dice. Because of its statelessness, suitability for cross-border transfers, and pseudonymity, cryptocurrency is a natural fit for online casinos. Many web-based sportsbooks and casinos accept digital assets such as BTC, BCH, ETH, and DASH, and there are dozens of platforms that exclusively accept cryptocurrency. The size of the black market for sports betting in the U.S. is difficult to estimate, but is believed to be worth upwards of $80 billion a year. For U.S. bettors seeking a means to wager on their favorite sports, various offshore gambling sites will take their custom. Using a credit card for such purposes heightens the risk of detection and data-loss however. Cryptocurrencies can mitigate some of those risks, but customers are still obliged to sign up to a centralized online sportsbook and disclose their personal information. Decentralized prediction markets are an alternative solution that is beginning to gain traction. While not ostensibly designed for gambling, they effectively serve as surrogate sportsbooks, enabling cryptocurrency users to wager on the outcome of major sporting events. Augur Prediction Markets and Decentralized Sportsbooks A string of supposedly decentralized sports betting sites has sprung up over the last 18 months, many of which were funded with ICO money at the peak of the bubble. Projects such as Wagerr will soon be joined by the likes of Block Sports, while the popularity of gambling dapps, which account for the majority of dapp usage on the Eos and Tron blockchains, attests to the lure of crypto-based betting. Decentralized prediction market Augur and the platforms built upon its protocol are the best known examples of borderless betting that’s virtually impossible to censor. At the time of writing, 330 ETH have been staked on Augur for the question “Will the Patriots defeat the Rams?” 54.6 percent of participants have the Patriots triumphing in the 2019 Super Bowl. First Augur UX that feels mainstream-y Will the Patriots beat the Rams? Yes makes 1.64x your moneyNo makes 2.11x your money If your wrong you lose your bet Pretty simple (Just needs a stablecoin) — Ryan Sean Adams (@RyanSAdams) February 1, 2019 Guesser, a more user-friendly version of Augur, is currently in closed beta. It enables anyone to wager with ETH in just a few clicks using the Metamask browser. Its Super Bowl market is also seeing action, though more serious sports bettors may prefer Veil. Yet another Augur-based derivative, it offers the ability to go long or short on the outcome of the Super Bowl as well as to wager on a host of other events including the Academy Awards. Veil For cryptocurrency users accustomed to using browser wallets such as Metamask to access the decentralized web, the ability to discreetly gamble in a couple of clicks can be tempting. Without the safeguards that licensed betting platforms offer, including the option to self-exclude to prevent problem gambling, the convenience of decentralized prediction markets calls for self-control. With great financial freedom comes great responsibility. What are your thoughts on decentralized gambling platforms? Let us know in the comments section below. Images courtesy of Shutterstock, Augur, Veil, and Guesser. Disclaimer: does not endorse nor support these products/services. Readers should do their own due diligence before taking any actions related to the mentioned companies or any of their affiliates or services. is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. The post Decentralized Protocols Are Making It Easier Than Ever to Gamble With Cryptocurrency appeared first on Bitcoin News.

2 months ago

Super Bowl LIII Fails to Attract Massive Betting on Augur's Crypto Gambling Platform

Super Bowl LIII begins shortly and Augur’s predictions markets currently host a number of bets on the final score and winning team but none of them have received over $20,000 in interest. Typically, the Super Bowl is one of the most gambled events of the year and last year the football championship game brought more than $150 million to Las Vegas. Currently, the most active Augur market asks which team will win and 55% of participants believe the New England Patriots will win today’s game. Bitcoin’s largest sports betting platform, CloudBet, shows bets between both teams nearly evenly split and’s most active and lucrative market says that the Patriots will lose by more than 8 points. When asked for the total amount of money bet on today’s game, declined to supply these details as it could place the security of its customers and service provider at risk. (RS)

2 months ago

Super Bowl 2019 - Quem irá ganhar? Criptomoedas na aposta.

Por: Livecoins Um dos eventos mais esperados no ano para fãs de futebol americano é o Super Bowl, que já na sua 53ª edição acontece na noite do dia 03 de fevereiro (no Brasil 21:30 hrs). Como todos os esportes da atualidade, o Super Bowl possui uma série de apostadores que desejam fazer uma grana extra (ou perder tudo) com a vitória de um dos times que vai ao campo. Os times que irão se enfrentar são os Patriots contra os Rams, sendo que o primeiro é um dos grandes campeões do torneio. Começam a surgir opiniões sobre quem sairá vitorioso no fim do dia. Para quem é um entusiasta das criptomoedas, um aliado se colocou no caminho para identificar o vencedor e quem sabe ajudar os apostadores a não saírem com prejuízo no fim das contas, que é a criptomoeda Augur. A Augur, na verdade, é um dApp que roda na rede Ethereum para que apostadores comprem uma espécie de ficha apostando no sucesso ou fracasso de um evento que irá ocorrer. Pode ser um jogo, um evento e até uma eleição. Se alguém interessado em criar uma previsão para que seja colocada para a massa de apostadores na Augur, basta que ele crie um mercado com alguma pergunta, por exemplo, “Quem irá ganhar o Super Bowl 2019?”. Quem possuir uma ação vencedora é recompensado pela plataforma. Estima-se que o jogo online, e o mercado de apostas incluso, irá ultrapassar nos EUA o mercado da cidade de Las Vegas, principalmente poruqe nos EUA o mercado de apostas esportiva não é proibido. O que faz com que a Augur entre nessa estatística, até por ser um dos dApps com mais atividade na rede Ethereum nos últimos tempos, é que em sua blockchain as pessoas podem realizar as suas apostas de modo a prever um cenário de forma anônima e descentralizada, sendo tudo gerenciado por smart contracts. Para que uma aposta seja considerada a previsão correta, a porcentagem de apostadores em um dos lados deve ser maior que 51%, sendo que até o fechamento desta matéria, mais de três apostas ativas no Augur davam a vitória aos Patriots, time de Tom Brady que é marido da modelo brasileira Gisele Bündchen. O artigo Super Bowl 2019 - Quem irá ganhar? Criptomoedas na aposta. foi publicado originalmente em Livecoins.

2 months ago

Por que o Ethereum 1.0 deu errado e o Bitcoin teve sucesso?

Por: Livecoins Por Noah Ruderman - O Ethereum não estaria passando por uma atualização completa, a menos que tivesse grandes falhas. E por que o Bitcoin tem se saido melhor? Dois fatores importantes das criptomoedas são a experiência do usuário e a economia. No mínimo, para um produto ser bem-sucedido, ele precisa ser uma alternativa atraente para um problema existente. A taxa de transação não deve exceder o valor econômico das transações reais. Juntos, estes pontos apontam para uma trajetória de alta para o Bitcoin e uma trajetória de baixa para o Ethereum 1.0. Competindo pela experiência do usuário Há um ditado que diz que para um produto substituir outro por efeitos de rede, ele precisa ser dez vezes melhor. Ele deve ser bom o suficiente para justificar os dolorosos custos de mudança. Bitcoin foi 10 vezes melhor Quem foi o primeiro concorrente do Bitcoin? O ouro vem à mente, mas a inflação do Bitcoin nos primeiros anos foi muito grande, muito superior à da mineração de ouro. Havia pouco Bitcoin e muitos bugs e inflação. O Bitcoin ainda não era um produto competitivo. O primeiro concorrente do Bitcoin foi a transferência bancária. No mundo de hoje, é difícil pensar em alguém sem uma conta em um banco, e a base de pessoas com experiência no uso desses sistema é muito alta. A movimentação de dinheiro entre contas de bancos diferentes por custar R$ 14 e levar um dia útil, o que pode significar três dias no total, já que os bancos geralmente não funcionam no final de semana. Bitcoin é 10 vezes melhor que o sistema bancário Bitcoin foi uma melhoria óbvia com tempos melhores e taxas mais baratas. Ao contrário dos bancos, o Bitcoin não fechava depois das 17 horas ou nos finais de semana. Foi uma melhoria óbvia de 10 vezes, tanto que, anos depois, muitos continuaram a pensar no Bitcoin como uma rede de pagamentos ao consumidor. O Bitcoin hoje é considerado uma alternativa ao ouro, como reserva de valor. Durante seus anos iniciais, ele foi capaz de fornecer aos usuários uma alternativa clara para transferências bancárias internacionais. Ethereum foi 10 vezes pior Quem foi o primeiro concorrente do Ethereum? Muitos pensam que foi o Bitcoin, mas a plataforma não estava melhor equipada para oferecer uma melhoria substancial em relação a um sistema de pagamentos. Ao invés de ser projetado para pagamentos, ela é na verdade uma plataforma de propósito geral e originalmente marcada como um “Computador mundial”. Este computador mundial, onde qualquer um poderia desenvolver seus próprios aplicativos descentralizados (dAPPs), era muitas vezes chamado de Web 3.0, onde a Ethereum presumivelmente seria a espinha dorsal de uma Internet segura e descentralizada. Como a internet atual é chamada de Web 2.0, acho que é justo dizer que ela é o verdadeiro primeiro concorrente da Ethereum. Tanto a internet quanto a Ethereum compartilham a ideia de serem plataformas livres que qualquer um pode construir e contribuir. Ethereum foi, 10 vezes pior que a web 2.0, que ela queria substituir A Web atual é construída usando um modelo de cliente-servidor e é extremamente escalável graças a tecnologia de nuvem. Essa capacidade de se escalar é sua grande vantagem: existem bilhões de usuários conectados à Internet, dezenas de bilhões de dispositivos conectados à internet e espaço para mais. A latência é frequentemente tão pequena que muitas vezes não é perceptível. A largura de banda é boa o suficiente para transmitir vídeos e os custos são baixos. Ethereum não é exatamente uma plataforma pronta para oferecer melhorias na web atual. Sua largura de banda não é boa o suficiente para carregar imagens pequenas (a maioria dos dados que podem ser enviados por bloco é de cerca de 13 KB). Em 15 transações por segundo, apenas cerca de 1 milhão de usuários ativos diários podem ser suportados. A latência é muito maior do que o limite de 2 segundos que frustrará os usuários da Web. Cada mudança de estado é de aproximadamente R$ 0,12, o que é um mau presságio, dada a quantidade de interatividade que faz parte da experiência normal de navegação na web. Ethereum não é, infelizmente, a melhoria de 10 vezes que alguém está procurando. É uma experiência 10x pior. E se formos honestos, é na verdade muito pior. Ethereum escolheu uma batalha que não poderia ser vencida ainda. A superpotência da Web 2.0 foi a escalabilidade, e essa foi a fraqueza da Ethereum. Economia de transações É uma realidade econômica que o valor das transações deve no mínimo exceder as taxas de transação paga. Ninguém está interessado em deixar dinheiro na mesa. Os mercados de taxa única se comportam como você poderia esperar, mas vários mercados de taxas competitivas podem excluir aplicativos com baixo valor econômico. Plataforma de aplicação única do Bitcoin As transações no Bitcoin foram destinadas à transferência de dinheiro. Embora houvesse utilizações secundárias, como armazenamento de dados, a função primária tinha valor econômico. Isso significava que o uso da plataforma como pretendido

2 months ago

Augur / USD Technical Analysis: A Tortuous Path To Reversal

Augur is under pressure in the short-term after a period of sustained losses in the second half of January The recent decline has created bullish price divergence on the four-hour time frame REP/USD is bearish in the medium-term but shows potential for a bullish reversal Augur / USD Short-term price analysis In the short-term, Augur is bearish and has been under sustained selling pressure over the last two weeks. The REP / USD pair is currently below its 50-period moving average on the four-hour time frame, which is consistent with weakness. Drawing a Fibonacci retracement sequence from the REP / USD pair’s current 2019 trading peak to the start of the mid-January rally, we can see that the decline has found support from 0.786 Fibonacci retracement level. Strong bullish trends will usually reverse from the 61.8 retracement level if a pullback occurs. It is worth noting that the recent decline has created sizeable bullish divergence on the four-hour time frame. Pattern Watch A head and shoulders pattern is visible on the lower time frames, although the downward projection of the bearish pattern appears to have played out. REP / USD H4 Chart (Source: TradingView) Relative Strength Index The Relative Strength Index shows bullish price divergence on the four-hour time frame. This may be a leading indicator that the recent decline may reverse at some point in the near-term. MACD Indicator The MACD indicator is starting to correct higher but currently provides no clear signal. REP / USD Medium-term price analysis Augur is bearish in the medium-term, but shows potential for a bullish breakout if the REP/USD pair can establish a price floor around current trading levels. A large inverted head and shoulders pattern can be seen across the daily time frame chart. Bulls ideally need to sustain the REP / USD pair above the 10.0000 level over the medium term; this key psychological level also coincides with the pair’s 50-day moving average over the medium-term. Technical indicators on the daily time frame show no clear bullish signs at present, although the Stochastic indicator appears slightly overstretched. Pattern Watch The inverted head and shoulders pattern is the key theme across the daily time frame. A recovery back above the pattern’s neckline is vital for medium-term strength in the REP / USD pair. REP / USD Daily Chart (Source: TradingView) MACD Indicator The MACD shows no clear divergence on the daily time frame, while the histogram is starting to stabilize and the MACD line is moving lower. Stochastic Indicator The stochastic indicator appears overstretched on the daily time frame. Traders should watch for a reversal in this indicator as it may signal a near-term price floor and possibly the start of a reversal. Conclusion Augur is bearish in the short-term and medium-term and is moving lower alongside the prevailing long-term downtrend in the REP / USD pair. This cryptocurrency shows promising signs that a recovery could take place if a near-term price floor is established. The bullish divergence present on the four-hour time frame supports a strong near-term recovery, while the large inverted head and shoulders pattern on the daily time frame could reignite Augur’s medium-term prospects. [{"date":1517436247000,"value":67.5623,"volume":8853440},{"date":1517522647000,"value":64.67,"volume":10100800},{"date":1517609047000,"value":56.4407,"volume":13952200},{"date":1517695448000,"value":60.7761,"volume":6125550},{"date":1517781848000,"value":49.4208,"volume":6182360},{"date":1517868248000,"value":45.8717,"volume":10287000},{"date":1517956747000,"value":46.4872,"volume":9897570},{"date":1518043148000,"value":48.8843,"volume":6127450},{"date":1518129547000,"value":52.1522,"volume":5087760},{"date":1518215946000,"value":56.1805,"volume":6696760},{"date":1518302345000,"value":54.3519,"volume":5414460},{"date":1518388745000,"value":50.7456,"volume":4973230},{"date":1518475146000,"value":53.5459,"volume":10982000},{"date":1518561545000,"value":50.0266,"volume":4686760},{"date":1518647946000,"value":52.3116,"volume":9667480},{"date":1518734346000,"value":53.6836,"volume":8228880},{"date":1518820746000,"value":54.3196,"volume":5880730},{"date":1518907145000,"value":54.5103,"volume":6691940},{"date":1518993546000,"value":55.5861,"volume":17684300},{"date":1519079946000,"value":54.345,"volume":4757240},{"date":1519166345000,"value":51.5543,"volume":6123380},{"date":1519253346000,"value":46.8737,"volume":5169130},{"date":1519340345000,"value":43.6301,"volume":3273440},{"date":1519428846000,"value":44.359,"volume":2785290},{"date":1519515246000,"value":43.3146,"volume":3162340},{"date":1519601646000,"value":43.9762,"volume":1888630},{"date":1519688046000,"value":46.7173,"volume":5220690},{"date":1519774446000,"value":48.5756,"volume":5533510},{

2 months ago

Predictions.Global Partners with Veil to Allow Augur Traders Predict Events

On January 24, 2019, Paul Fletcher-Hill, co-founder and CEO of Veil, announced on Medium that Predictions.Global, a platform for accessing Augur markets, will be integrated into Veil, a peer-to-peer trading platform. Predictions.Global Blended into Veil As reported by BTCManager on January 16, 2019, Veil, a prediction markets and derivatives trading platform went live on the … Continue...

2 months ago

Augur App Release v1.10.0 This release fixes a lot of probl...

Augur App Release v1.10.0 This release fixes a lot of problems our users have been having with the last release. P…

2 months ago

This CryptoKitty-Loving Ethereum User Has Made Almost 50% of All Augur Profits

By According to a tool created by Ethereum developer Mike McDonald, a single address has garnered almost 50% of the total profits from Augur. Augur is a decentralized predictions marketplace. It was one of the first crypto projects to hold an ICO on Ethereum, back in 2015. Anonymous Ethereum User Dominates Augur’s Betting Markets … Continued

2 months ago

Augur Interface Veil Obtains Search Engine for Prediction Markets

Augur recently announced that its Augur Interface, Veil, had acquired Predictions.Global which it calls “the CoinMarketCap for the Augur ecosystem”. Veil co-founder Paul Fletcher-Hill said that “It’s certainly been the most used and popular third-party-developed Augur product thus far.” Augur’s decentralized platform is built on Ethereum protocol and it allows users to create prediction markets around anything. Predictions.Global lists all the open betting markets based on Augur and at the time there are 388. Veil’s mainnet launch occurred earlier this month and the platform supports markets for BTC, REP, and ZRX. Fletcher-Hill said that Veil hopes Predictions.Global will help drive user growth and ultimately we want to support as many markets as possible. (RS)

2 months ago

Augur Interface Veil Acquires Search Engine for Prediction Markets

Veil has acquired Predictions.Global, the leading site for exploring Augur data.

2 months ago

Augur App Release v1.9.2 Coming at you with a minor fix on ...

Augur App Release v1.9.2 Coming at you with a minor fix on the reporting page: 🕵️Fixes an issue loading dispute m…

2 months ago

Crypto Market Update Jan.22: Bitcoin Stability Around $3500 In Anticipation For Some News

Another week in the crypto market. Since November, Bitcoin’s price continues its correction to the $3,500 price range where the support holds and provides a feeling of market stabilization. The ETF is in the headlines again, and at the end of the month, we will know whether the SEC will approve the first Bitcoin ETF. The market finds it hard to believe there will be a positive answer, and in any case, we will learn how waiting for an answer has affected the market. It seems that the market is already behind the media hype, has calmed down, and today there is a more pessimistic approach towards the future of the market. However, the Alternative coins are experiencing an awakening trend, as we saw when AUGUR rose around 100%. In addition, the Airdrop trend continues along with a declining interest in the ICOS phenomena. The awakening in the Alt’s market is highly dependent on Bitcoin’s price, and this pattern repeats itself when the Bitcoin price is steady or rising. If Bitcoin’s correction continues, it is likely that we will see the Alt’s price plummeting as this is the market’s pattern of behavior. Despite the many attempts to create a “better than Bitcoin” coin, there is still no Alt that threatens it. Since the entire crypto market was affected by the DAO case, no project has succeeded in threatening Bitcoin’s place, and it seems that the market has already forgotten that case. Manipulations in Exchanges - Recently, there has been widespread talk about manipulations being made in the various trading arenas, and sometimes there are suspicions about the Exchanges themselves manipulating the volume to try to register new coins or inject hacks when they drop the loot into their pockets. In addition to the advantages of market deregulation, there are also drawbacks that make it difficult for users to make sure that they are in contact with the “good” players in the cryptospace. In conclusion, it can be said that the market is licking its wounds after a significant correction. And it is not clear whether it has ended. However, there is a good chance that we have reached the floor with a market cap of around $119 billion. It is interesting to see if the market will be able to keep its head above $100 billion. Bitcoin Dominance stands at 52.5% and continues proudly to lead the market. Crypto News Ethereum’s Constantinople Upgrade Delayed After Security Vulnerability Discovered. The Ethereum network upgrade, which got the whole blockchain community prepared, was postponed a second time, citing ‘reentrancy’ attack vulnerability. tZero Announces the Launch of its New Regulated STO Platform. tZero, the blockchain arm of Overstock, said it would launch a new STO platform next week, with plans to create its own STO. Could The US Government Shutdown lead to a Bitcoin ETF approval? The crypto community is speculating whether the US shutdown may be an automatic ticket for the approval of a Bitcoin ETF, but here’s what a legal expert has to say. Wyoming Looks Determined To Legalize Bitcoin As Money. Wyoming may become the first US state to classify cryptocurrencies as money, according to a newly introduced bill, which will also permit banks to offer crypto custody services. MIT and Stanford Professors Are Designing a Cryptocurrency to Top Bitcoin: Unit-e. A team of professionals from the US has been set up to create a virtual currency which will be superior to Bitcoin. Swiss Bank Announces Custody Solution for Digital Assets. Vontobel revealed that it is launching a cryptocurrency custody service, dubbed “digital asset vault” which will bring more institutional investors closer to cryptos. Charts This week we have chart analysis of Bitcoin, Ethereum, Ripple, BAT and EOS - Read more here. The post Crypto Market Update Jan.22: Bitcoin Stability Around $3500 In Anticipation For Some News appeared first on CryptoPotato.

2 months ago

What Is ChainLink? Introduction to LINK Token

What Is ChainLink? ChainLink is a blockchain project that aims to build bridges between payment services like PayPal and Visa, banks like HSBC and Wells Fargo, and blockchains like Ethereum and Bitcoin. It was created in 2015 and LINK tokens were offered to the public during an ICO in 2017. ChainLink is a blockchain oracle platform that connects to real-world applications and data and an API. ChainLink was initially called SmartContract and aims to bridge the gap between blockchain and legacy systems. On-chain processing includes smart contracts with parameters specified in a Service Level Agreement (SLA). Oracle data is aggregated and verified to prevent tampering, and oracles are rewarded with LINK, ChainLink’s native Ethereum token. ChainLink currently resides on the Ethereum blockchain and supports connectivity to other Ethereum dApps. It will soon support more blockchains, as interoperability is the focus of the entire project. Sergey Nazarov is the founder of ChainLink, and he’s already working with the SWIFT payment network on the SWIFT Smart Oracle. Oracle markets like ChainLink and Augur combine real-world data with blockchain technology to open new possibilities. Some believe it’s the natural evolution of cryptocurrencies and smart contracts. Before examining whether there’s money to be made from being the glue holding everything else together, let’s review LINK, the proprietary Ethereum token for ChainLink’s platform. LINK Token’s Crypto Market Performance The peak price of LINK so far was $1.28, which occurred on January 9, 2018. As of January 22nd, 2019 the circulating supply of LINK is 350,000,000 out of a total supply of 1,000,000,000 LINK. The price of LINK has increased steadily over the last couple of months (Dec 18/Jan 19) and has more than doubled as the rest of the market has continued to drop in value. ChainLink’s ICO crowdsale happened in September 2017, at which time 350 million LINK tokens were distributed, representing 35 percent of the total supply. Another 350 million will be distributed to ChainLink node operators, and the remaining 300 million (30 percent) is withheld by the company for further development. LINK is “mined” by selling off-chain services and data through an API connected to the ChainLink Network to become an oracle node. LINK is traded on a variety of cryptocurrency exchanges, including Binance, Bitthumb, Huobi, CoinBene, Bitrue, Mercatox, and OKEx. Over $10 million worth of LINK is traded on a daily basis, and its trading pairs include BTC, ETH, XRP, and USDT. As it currently exists in beta as an ERC-20 token on the Ethereum blockchain, LINK is supported by any ERC20-compatible wallet, including MyEtherWallet and Nano’s hardware wallets like the Nano S. This may change upon the mainnet launch, as LINK will use a custom token standard blending elements of ERC-20 and ERC-223. Oracles Can Build a Better Blockchain We keep pounding it into the ground, but blockchain interoperability is the key to blockchain’s future success. Some blockchain projects resolve this issue with parent and child chains, while others use sidechains. ChainLink uses oracles, which act as agents to verify real-world data and prepare it to be recorded in a smart contract on the blockchain. The smart contracts initiate this based on specific criteria, such as a payment transfer or price fluctuation. Once the threshold is reached, the block is processed by a mesh network of oracle nodes that reach a group consensus. Oracle reputation is built by processing transactions, and reputation is a factor that can be selected as an SLA. This process of selecting oracles, gathering and presenting data, then verifying it among oracles is the on-chain smart-contract processing that occurs on ChainLink. This means everything from investment market data to bank account balances, product purchases, election results, and more can be recorded to the digital ledger. In fact, anyone with an API can connect it to ChainLink to begin earning LINK based on usage of this data. Because it’s designed to run off API queries based on smart contractual SLAs, the possible use-cases of ChainLink are endless. Of course, we won’t know for sure how well it works until the mainnet launches, which isn’t likely until sometime in 2019. Linking up to ChainLink Being the glue that holds everything together is only useful when there are things to hold together. ChainLink needs enterprise buy-in for its network to be successful. As mentioned at the beginning of this article, its biggest partner so far is the Society for Worldwide Interbank Financial Telecommunication, or SWIFT. The SWIFT network is used by retailers to verify account balances for retail card transactions. When you swipe your card to buy something and it’s approved or denied, the SWIFT network is what transmitted that data. ChainLink isn’t SWIFT’s only blockchain partner, but the announcement does give hope to the project when its mainnet finally launches. Visa,

2 months ago

U.S. outlaws online interstate gambling

The U.S. Government has officially made illegal all forms of online gambling involving interstate transactions, Bloomberg reports. The U.S. Justice Department reversed its position from 2011 that said only interstate sports betting was illegal, in accordance to the U.S. Wire Act of 1961. However, under the department’s new interpretation of the act, all online gambling involving interstate transactions is now barred. The ruling will not affect online gambling in which the wagers are placed from within a state’s borders, however this suggests casinos will have to have both a physical presence and a secure system in place to ensure that no bets originate from outside of the state. It’s unknown at this time how the industry will navigate that issue in a way that satisfies the revised federal regulations. This reversal could also affect crypto-based betting platforms like Augur although decentralization could push the definition of “interstate” to its philosophical limits. Most deeply affected are interstate lotteries as well as poker games that run between Delaware, Nevada, and New Jersey, according to the report. Casino operator shares fell on the news Tuesday, and if the past is any indication, the industry will likely fiercely endeavor to reverse today’s decision. The post U.S. outlaws online interstate gambling appeared first on The Block.

2 months ago

@Luca_3601 Hello, please have the official rep from the proj...

@Luca_3601 Hello, please have the official rep from the project submit a update request to our form found at…

2 months ago

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