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FunFair News

New App lets You Buy Domino’s Pizza with Bitcoin

A person living in the United States can now purchase a Domino’s Pizza with Bitcoin thanks to an app utilizing the Lightning network to enable the transaction. The Lightning Pizza (LP) app allows a person to buy Domino’s Pizza by converting Bitcoin to fiat currency. The app allows a user to either get their pizza delivered or pick it up themselves. Lightning Pizza is based on a pre-existing app called Fold that lets you buy other takeaway items with Bitcoin. Fold can be used to pay for an Uber ride, Starbucks, Dunkin Donuts, or Target. Fold released Lightning Pizza (LP) on February 13 and the company is already getting feedback from customers. The release has allowed LP to iron out any bugs that may get in the way of ordering the pizza. Such a testing phase is crucial with a third party app that merely relays the transaction information to the actual pizza shop. One can imagine that various issues could arise if the transaction is disrupted in some way. A pizza shop, for example, may only accept cash in the event of a power disruption. LP plans on deploying the project in Canada if all goes well in the United States. Project leader Will Reeves says his motivation for making the app is to partly show that the Lightning network has practical uses. The app in part is to promote the Lightning network but is also a fun project to engage people with cryptocurrency in general. The Lightning network seems to be a good fit for the project because it boasts a transaction time of around 30 seconds. Take that time and combine it with a delivery time of around 30 minutes for the pizza and you have a practical use of Bitcoin. One of the criticisms of Bitcoin has been its lack of scalability and the impact of this on consumers. A person, for example, would find it impractical to buy a morning coffee with Bitcoin if the transaction took 30 minutes to clear. The LP app is only available in America at the moment yet the developers are eyeing off other nations to release the project. Keep in mind that Domino’s pizza itself has used PayPal payments in countries like Australia. This allows consumers to quickly pay with their PayPal account and even split a bill amongst friends. The LP app at this stage appears like a Most Viable Product (MVP) and is more focused on developing as a startup before making any serious profits. It is a good development, moreover, in developing Bitcoin as a form of cash rather than simply as a novel way to store money. The post New App lets You Buy Domino’s Pizza with Bitcoin appeared first on ZyCrypto.

15 hours ago

Tari Labs hides BTC bounty in Ms. Pac-Man game

Tari Labs, the company that works on digitizing assets on the blockchain and deveoping a Mimble Wimble sidechain for Monero (among many other interesting projects), has made an offer no bitcoiner can refuse: you play a game of Ms. Pac-Man (retitled Ms. Fluffy as a way of showing some Valentine’s Day love to Riccardo “Fluffy Pony” Spagni‘s wife), you pay close attention to the Easter eggs, and you may just unlock a wallet which contains 0.25 BTC (at press time, about $900). As part of a Valentine’s Day campaign, Tari has announced on their Twitter account that the unfortunate ones who don’t have a significant other can compensate their emotional void with a game of Ms. Fluffy. At first glance, there’s nothing much to this casual gaming experience: you click the pink heart on the bottom right side of the Tari webpage and then enjoy some ghost dodging and white pill eating. Happy Valentine's Day from the Tari community #msfluffy2019https://t.co/wWzLxWapNa pic.twitter.com/sRnU1EVXM9 — Tari (@tari) February 14, 2019 The 1980s arcade experience also contains some really witty references: Ms. Fluffy must run away from the four nasty ghosts named “Roger. Ver”, “Jihan. Wu”, “Craig. Wright”, and “Dan. Larimer”. Also, the regular in-game fruits that give you extra points are replaced with cryptocurrency logos: XRP (which actually takes away 100 points from your score), BTC, Grin, XMR, and the Tari logo. Another nice touch can be discovered when you eat the hearts and momentarily disable any of the four ghosts: they turn into a Lightning bolt until the moment they respawn in their central place. Tari Labs is always looking for talented contributors, but this week we’re raising the bar. We’re only reading resumes that include your Easter egg high score. Better start practicing.#msfluffy2019https://t.co/YLlBszjPt6 pic.twitter.com/er8ndMDW5J — Tari Labs (@tari_labs) February 14, 2019 There’s more to Ms. Fluffy than meets the eye For starters, a little Twitter stalking will help you discover that Tari Labs is really serious about this little game of Ms. Pac-Man. The company is currently hiring professionals to fill 11 positions, ranging from marketing to engineering and design. And in order for the candidates to be eligible for the jobs they apply for, they are asked to add to their resumes a screenshot of their Ms. Fluffy high score. It’s a mandatory criterion that must be fulfilled throughout the week. But aside from this organizational detail, the simplistic game includes some cheats and ultimately reveals a BTC bounty. The more you play, the more messages you discover - and when you figure something out and it looks a lot like a BTC public key, you will realize that there is a really nice bounty involved. Hello, @tari what's this? #msfluffy2019 https://t.co/AcCssm9ktQ pic.twitter.com/VDRtW3YYKw — Captain Snow (@caylesharrock) February 15, 2019 The secret can be found in one of the six different messages that get displayed on screen when you press the “B” key during the level. If you want to skip to the next stage to find another message or clue, you don’t have to eat all the pills - instead, you just press the “M” key and you’re all set for a cheating advancement. Given these requirements, it’s recommended that you play the game on your desktop computer or laptop (it’s also available on mobile, but you won’t be able to access these cheats). Furthermore, if you want to treat the game itself a little more unfairly and see where the ghosts are going, add “/#cheat_mspac” the the URL (which is https://www.tari.com/pacman/). It’s very useful if you want to make a new high score and brag to the other players on Twitter. CONTEST ALERT The highest score from today’s Valentine’s Day Easter egg wins a boating trip with @fluffypony. Bring your private keys, just in case.#msfluffy2019https://t.co/wWzLxWapNa pic.twitter.com/VPfIG3mltn — Tari (@tari) February 14, 2019 The Tari account has suggested that the highest score wins a boating trip with Riccardo “Fluffy Pony” Spagni. However, it’s more likely that the other detail about bringing your private keys is more relevant for revealing the true intentions of this game of Ms. Pac-Man: as you’re about to discover, in-game messages lead you to a wallet where 0.25 BTC are deposited as bounty. Get the 0.25 BTC! The following part of the article is the result of more than 10 hours of gameplay and cryptographic key experimentation. If you manage to outsmart me and find a way to access the bitcoins, then please be kind and send a portion of the 0.25 BTC bounty to 3AoyUxdUJ2KAqrL86D6T5GwcW8omwUdV38. Without the data provided in this article, it’s very unlikely that you would have found about this challenge anyway. There's a game to play, and a puzzle that has BTC in it, go go go! https://t.co/ypPIOErBu2 — Riccardo Spagni (@fluffypony) February 14, 2019 The funny, weird, and useful in-game Easter Eggs If you press the “B” key during level one, a chat window will be revealed to yo

2 days ago

Bitcoin [BTC] owners receive property rights in the U.S state of Wyoming

The cowboy state of Wyoming in the United States of America has given a boost to the state and indeed the country’s cryptocurrency industry by permitting Bitcoin [BTC] holders to have property rights. Wyoming saw their state Senate pass the second and third readings of Bill SF0125 - Digital assets-existing law, which would classify virtual currencies under ‘property’, allowing users to hold cryptocurrencies without fear of any government sanctioned regulation and availing third-party storage services for the same. Bill SF 0125 stated: “AN ACT relating to property; classifying digital assets within existing laws; specifying that digital assets are property within the Uniform Commercial Code; authorizing security interests in digital assets; establishing an opt-in framework for banks to provide custodial services for digital asset property as directed custodians; specifying standards and procedures for custodial services under this act; clarifying the jurisdiction of Wyoming courts relating to digital assets; specifying applicability; authorizing the promulgation of rules; and providing for an effective date” According to the United States’ legal procedure, individual states have jurisdiction over the property rights within their boundaries and hence, the legislation will differ from state-to-state. Companies, therefore, now have a free reign over the state they decide to set-up shop in, depending on the favorable regulations available. Since Wyoming looks to be a better option than most states in the US, blockchain and cryptocurrency companies may resettle there. Caitlin Lon, a member of the Wyoming Blockchain Coalition was delighted with the news and stated: “1/ BOOM! #Wyoming just recognized clear, direct property rights for #digital assets by passing SF125! This means #blockchain cos will prob want to apply WY law to your contracts, domicile here, &/or have a physical presence here. Thx again to the army of ppl who helped over months.” Furthermore, the new legislation will also protect the property rights for large scale institutional investors. With 2019 heralded as the year of institutional investors looking at the developments with Nasdaq, the NYSE, the Bitcoin ET and BTC Futures, this announcement from Wyoming is indeed crucial to the overarching industry. This legislation will also peg Wyoming ahead of the state of New York on the list of the cryptocurrency-friendly states, with Long stating the same: “Wyoming protects PROPERTY RIGHTS &, for institutional investors who must own indirectly, it protects ##investors far better than ##NewYork does.” She added: “Have fun watching the transfer of capital away from NY & into WY in the coming years, esp as securities are increasingly issued on #blockchains!!!” The post Bitcoin [BTC] owners receive property rights in the U.S state of Wyoming appeared first on AMBCrypto.

2 days ago

Wyoming Becomes First State To Give Bitcoin Owners Full Property Rights

Cryptocurrency advocates are celebrating Friday after the US state of Wyoming passed a bill giving direct property rights to cryptocurrency holders. Wyoming Senate Passes Crypto Property Bill Bill SF0125 passed its second and third Senate readings February 13 and 14 respectively, and will now go before governor Mark Gordon for endorsement, becoming law as early as next week. The legislation allows Wyoming residents to own cryptocurrency tokens with complete legal protection, instead of only getting this through third-party storage. Wyoming thus becomes the first US state to enact changes in the law empowering private ownership of cryptocurrency. As former Wall Street veteran and Wyoming Blockchain Coalition member Caitlin Long notes, the decision should enact a chain reaction of interest from consumers and businesses. “This means (blockchain companies) will (probably) want to apply WY law to your contracts, domicile here, (and/or) have a physical presence here,” she concluded on Twitter following the Senate passing the Bill. 1/ BOOM! #Wyoming just recognized clear, direct property rights for #digitalassets by passing SF125! This means #blockchain cos will prob want to apply WY law to your contracts, domicile here, &/or have a physical presence here. Thx again to the army of ppl who helped over months pic.twitter.com/I4E3GfPZbC — Caitlin Long (@CaitlinLong_) February 14, 2019 Bucking The Trend In the US, state legislators have sole power over property rights, leading to a patchwork landscape across the country as different jurisdictions take markedly different stances on the area. The combination of this variation plus the aggressive pursuing of securities laws violations by national regulators has made opening up shop in the US a daunting prospect for many cryptocurrency businesses. Comparing Wyoming to New York, Long was already forecasting a shifting of preference among market participants. “Wyoming protects (property rights, and) for institutional investors who must own indirectly, it protects (investors) far better than (New York) does,” she continued in further tweets. “Have fun watching the transfer of capital away from NY (and) into WY in the coming years, (especially) as securities are increasingly issued on (blockchains.)” As Bitcoinist reported, January already began seeing the process set in motion even before changes in the law, with Cardano announcing it was moving to the state. In December, lawmakers passed a blockchain bank bill in the face of heavy opposition. What do you think about Wyoming passing the crypto property bill? Let us know in the comments below! Images courtesy of Shutterstock The post Wyoming Becomes First State To Give Bitcoin Owners Full Property Rights appeared first on Bitcoinist.com.

3 days ago

Cryptomillions

Cryptomillions Airdrop is worth 20 CPMS tokens (~$ 8). Share your referral link to earn 2 CPMS tokens (~$ 0.8) for each referral, with a maximum of 20 referrals. About Cryptomillions Cryptomillions is a lottery platform based on Blockchain and Smart Contract technology that provides the most fun, secure and transparent experience while contributing to social causes. Integrating traditional lottery players thanks to their fiat gateway. Using the Cryptomillions APP, players can play 24/7 worldwide and use their unique "Shake and Play" to pick numbers and WIN and donate to the cause they feel more connected to.

3 days ago

New Lightning App Let Hungry Lightning Users Buy Pizza With BTC

The crypto payments startup Fold, which launched the web-based Domino’s portal on Wednesday, has made fiat pizza purchases on behalf of hungry lightning users. Over 150 people bought pizza with bitcoin this week by using the Lightning Network. Will Reeves, Fold product head said: “We’re trying to make bitcoin fun again and illustrate that lightning is at a point where it is mainstream-ready.” Besides, The Fold web app plans to integrate lightning for all its shopping options over the next six months, including Starbucks, Whole Foods, Dunkin Donuts, Target, and Uber. However, all these deals do not involve official partnerships. The deals reportedly have pushed the overall network to set new record highs this week with more than 26,588 payment channels able to facilitate $2.4 million, a 39 percent increase compared to last month. (RL)

3 days ago

Replay and Transcript: Multicoin Kyle Samani on CZ, Binance Chain, and Binance Blockchain Week

In this episode of the podcast, we are sharing a replay of a conference call with Kyle Samani that we held for our Premium subscribers. To learn how to become a premium subscriber, check it out here Kyle Samani is a Managing Partner at Multicoin Capital. In mid-January, Kyle went to Singapore and attended the first-ever Binance blockchain week. In this call, Kyle shares his conversation with CZ, Binance employees and the companies that he met there. Additionally, Kyle talks about his thoughts for Binance chain and his observation of general crypto sentiment in Asia. What will 2019 look like for Binance as they kick off with the strategic investment and partnership with Vertex ventures to create a fiat to crypto exchange in singapore? Will this city state going to be a new home for Binance permnanetly? Held in January 2019, Binance Blockchain Week was Binance’s first conference in Singapore and one of the largest public event held by the exchange. We last spoke with Kyle at World Digital Asset Summit in December and shared it in a podcast with our readers. Other recent, notable writings from Kyle include Questions from the Crypto Idea Maze and What P2P Markets are Better Decentralized Conference Call Transcript Joyce Yang For everyone’s information, the call is recorded. If you’d like to ask a question or you like to have your question asked anonymously, you can email me at joyce@globalcoinresearch.com and I would come ask the question for you. I want to point to participants who are in a listen only mode, later you have time to ask the questions. So it’s my pleasure now to start our conversation with Kyle Samani,managing partner of Multicoin Capital. So Kyle was in Singapore last week at Binance Blockchain week which was the first Binance Blockchain event that took place in Singapore and arguably the largest public event held by the exchange. So Kyle, if you could start off by introducing yourself quickly and why don’t we go right into what you saw at Binance. Kyle Samani Yeah, happily Joyce, thanks so much for having me on. I’m excited to be here. So quick background on myself, I launched Multicoin Capital in October 2017. So I’ve been running the firm for 15-16 months now, managing about 18 million dollars or so. I’ve got 13 employees, they work with us. We are a hedge fund structure, so we do participate in secondary markets, we also do some venture-style deals in the primary markets as well. We are pretty technical and pretty familiar with some of the crypto landscape, and we’re pretty well-known for our blog and all that. Joyce Yang So let’s dive right into Binance Blockchain week. What were you doing there, what did you wanted to accomplish by going there and maybe some high level takeaway for our listeners right now? Kyle Samani So my primary motivation in going was to learn more about the Binance organization and kind of meet the team and really know these people are how they operate. It’s been our view for quite some time that Binance is really the most systemically important organization in encrypted ecosystem. They are by far the largest exchange for Bitcoin as well as most top coins. They in our view are generally probably the best operated exchange. Their rise has been pretty mediocre, and over the course of 2018 as the market have cooled down, Binance generally been consolidating in terms of increasing its market share, taking market share from competitors. The Binance team although they are pretty globally distributed, both of the employees are in Asia, and so we’re already rather close with most of the major US exchanges. So it was kind of my admission to go learn about kind of all kinds of nutty gritty details about the firm that are not you know clearly visible to the public and to build relationships with the Binance organization. So that was my primary motivation and going. They did ask to speak, so obviously that was the kind of nice thing and just kind of a good catalyst to build a relationship. I think that was part of your question Joyce, I don’t remember the second part. Joyce Yang Just quickly on kind of your summary of the top takeaways and then we could try to dive into the details a little bit more of it. Kyle Samani Yeah, so I said the biggest takeaway is actually how committed the Binance employees are to the organization. So Binance provides employees options on how they want to receive their salary, not just like equity in terms of Bnb but actually how they receive their salary. And they have the option to receive salary either sub partially or entirely in Bnb tokens. And I was shocked at how many of the Binance employees I met, could take 100% or near 100% of their salary in Bnb. Now, I’m sure they’re liberating some of that to pay the bills because I obviously probably can’t pay rent in Bnb tokens, but the fact may be that these people are taking 70, 80, 90 percent of their salary in Bnb, tells you they’re keeping a lot of it in Bnb. So these people are really

3 days ago

My Bank App is Better Than Bitcoin for Payments (And That’s Fine)

The cryptocurrencies are faster and cheaper narrative has fizzled out as banks have embraced digital payments in recent years, improving customer experience and usability. Sure, buying a beer with a QR-code may give you a warm and fuzzy feeling, but it isn’t the problem Bitcoin solves. It is much more than that. Banks Go Digital An all-too-common narrative a few years back was that Bitcoin (and other cryptocurrencies) would outcompete the likes of Visa and Mastercard with speed and cheaper transactions. “Won’t somebody think of the merchants” was an often-repeated argument in 2014-215 because credit card companies typically charge around 3 percent service fee to process payments. Fast forward a few years and merchants haven’t budged. Nor are they jumping on payment-focused coins either like Litecoin, Bitcoin Cash, Dash etc. So why didn’t they stick it to Visa and switch to ‘crypto’? Digital fiat payments have actually become not only more ubiquitous but also much easier and cheaper. Though the latter is partially due to costs being offset by selling customer info to advertisers (which is a topic for another article). Banks have indeed upped their game as far as user-friendliness goes with mobile apps, contactless payments, in-app integration, you name it. In fact, it’s never been easier to part ways with your money than it is today. My Bank Card Beats Your Favorite Coin My card, given to me by my bank, is tied to an app on my phone so I can check my balance and track all my balance and transaction history. I was impressed when BTC wallets did this six years ago. But banks have caught up fast and are beating cryptocurrencies in this arena. The card/app work seamlessly together enabling contactless payments in the store, on public transport, and pretty much anywhere Visa/Mastercard are accepted, which is literally everywhere. Sure, discussing Bitcoin is fun and all. But sometimes I just want a quick coffee without proselytizing Bitcoin to a barista who obviously doesn’t care about censorship-resistance and decentralized consensus protocols. I should also mention that my bank has excellent customer support. It knows who I am and will block anyone else from using my account with the press of a button on my smartphone. My bank will refund me any money lost due to fraud - which is very reassuring unlike that uneasy feeling of possibly sending BTC to the wrong address by mistake. What’s more, I can send money instantly to my friends for absolutely zero fees. And why wouldn’t it be zero? My bank is using a good old database after all - not your blockchain that takes minutes to confirm. In other words, big blocks, small blocks, medium-sized blocks - none of this can compete when it comes to the speed and efficiency of a centralized database for payments. My bank app even has a QR-code option for in-person payments if I’m feeling extra Bitcoin-ish. The Problem That Bitcoin Solves Bitcoin, however, wasn’t meant to compete with Visa or Paypal. Digital payments were already gaining traction when Bitcoin spawned from the 2008 financial crisis. Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model. - Satoshi Nakamoto, Bitcoin Whitepaper Bitcoin was instead designed as an alternative to the central banking system that has historically abused the public’s trust. One hyperinflationary episode is all it takes and the money becomes worth less than the paper it’s printed on. Bitcoin’s monetary policy, on the other hand, is completely transparent, its supply and inflation rate is known, and it’s the hardest form of money to ever exist. Yes, even more than gold because mathematical scarcity beats perceived scarcity. These attributes make it a money technology that has never existed before - and more importantly, removes the need to trust any intermediary. In an article titled The Problem That Bitcoin solves, economist and The Bitcoin Standard author, Saifedean Ammous, explains: [Paul Krugman] seems, mistakenly, to assume bitcoin is competing with consumer payment networks like Visa or PayPal....that is not what bitcoin is best suited for. Rather, bitcoin is an international settlement network, one that competes with the central bank settlement systems that are the foundation upon which networks like Visa or PayPal depend. Therefore, the ‘payments for coffee on the blockchain’ narrative is dying because paying for stuff and accepting digital payments today isn’t a problem for people. However, the public is also slowly realizing why Bitcoin isn’t going away. Particularly as publications like Time magazine release articles titled ‘Why Bitcoin Matters for Freedom’ and places like Venezuela are demonstrating how Bitcoin is literally saving lives. This is how one of my friends back in Venezuela

3 days ago

Sticker Market Swarm Update - the team has been making progr...

Sticker Market Swarm Update – the team has been making progress on a fun and engaging way to build SNT Utility into… https://t.co/dkGR7k3thu

5 days ago

Episode 6: Crypto Cartels

Because power is fun once you’ve got it In this episode, we cover the nebulous and thorny topic of crypto governance mechanisms and the merging of politics and finance in the form of on-chain governance via token voting and staking. We draw from the history of politics, going all the way back to the Romans, and fast forward to the drama and intrigue of the bitcoin block size wars, the...

6 days ago

Vitalik Buterin Trolls Tron And Justing Sun On Twitter

Ethereum co-founder Vitalik Buterin took to Twitter to take a jab at Justin Sun, the creator of Tron. Justin dug up old tweets of Buterin promoting BitTorrent, and used it as a seal of approval. Tron acquired BitTorrent last year. Buterin replied to an unrelated Elon Musk's tweet on Entropy and said he will be making an ICO coin called Entropy token. For those who did not understand the context, Buterin later clarified that he was making fun of people who are taking his old tweets about BitTorrent out of context. Justin Sun and Vitalik Buterin have a long on-going feud, with Sun constantly claiming Tron to be superior to Ethereum. (VS)

7 days ago

How Can a Student Make Money from a Crypto Exchange?

Have you always wondered if you can make money from a crypto exchange? Well, the answer to this question is yes. The best part is that it can be pretty easy when you know how. In fact, you will be surprised just how much you can make from cryptocurrency and how fun it can be. […]

10 days ago

Top 10 Legendary Photos of Vitalik Buterin, Ethereum’s Co-Founder

Vitalik Buterin has been known in the crypto community for his work on Ethereum and his exceptional programming skills. But let’s forget his professional life for a few minutes. And let’s meet the hilarious and fun Vitalik! We’ve collected the top 10 photos of the Ethereum’s CEO, which will surely make you laugh. Let’s get […]

11 days ago

Living on Bitcoin for a Week in San Francisco

When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary. Nakamoto’s white paper calls Bitcoin an “Electronic Cash System,” and I hadn’t stressed the cryptocurrency’s utility as an actual method of payment.My experiment would likely validate the strong opinions of skeptics (to whom bitcoin is either some nebulous scam at its worst or an outrageously valued trinket for prodigal hobbyists at its best) and that camp of maximalists who believe that bitcoin isn’t and never was digital cash.It’s a problem that Kashmir Hill ran into when she did her own experiments, more so in 2013 than 2014. In 2013, her final conclusion was that she had “survived” the week, but by 2014, she had herself a ball spending bitcoin. She went from conquering San Francisco’s hilly landscape on foot and bike in 2013 (and the occasional, simple pleasure of pizza and cupcakes) to the luxury of Uber rides, wine tours and even a strip club visit just a year later.She did well for herself the second go at it. I want to be able to do even better.That as my mindset going into my own version of the experiment, picking up five years later from where Hill had left off. If she survived on her first attempt, then I damn well ought to be able to thrive, I thought, going into it.Boy, was I dead wrong.A day or two in was all it would take to break this expectation as I soon learned that my experience would be unlike either of Hill’s. I anticipated great merchant adoption and with it a greater variety of services through which to use my bitcoin. I thought I was walking into a more vibrant Bitcoin scene than half a decade ago, an opportunity rich with ways I could offload my coin.Instead, I found (at least in San Francisco) that fewer merchants take bitcoin now than they did before and that the Bay area’s Bitcoin community, excepting those still active in it, had receded into altcoin enthusiasm and the flowering industry of “blockchain not Bitcoin” that had become the new darling of tech VCs and entrepreneurs.Those still involved in the community took care of me though, and the week was just as easy or as difficult as I wanted to make it.Living on Bitcoin Day 1: “That’s Not Going to Work”I set out to live on bitcoin for a week in San Francisco.Living On Bitcoin Day 2: Being “Unbanked” Has Been Easy ... But Also HardOn Day 2 of living on bitcoin experiment in San Francisco, I go on the hunt for some bitcoin-friendly eateries.Living on Bitcoin Day 3: Brother, Can You Take a Sat?I desperately comb the streets of San Francisco, hoping to find someone — anyone — who will accept payment in bitcoin on Day 3 of my experiment.Living on Bitcoin Day 4: The Uphill ClimbLiving on bitcoin has been a bit of an uphill battle. On Day 4, I try out some gift card options and move into the Crypto Castle.Living on Bitcoin Day 5: An In-Store Buy At Last (Spoiler: It’s Pot-Related)I finally make a point-of-sale purchase with bitcoin, hunt for Coinbase’s headquarters and chat with a young entrepreneur.Living on Bitcoin Day 6: An Artist, a Dev and a Moon Boy Walk Into a Bar...I continue my San Francisco experiment, spending bitcoin and attending a meetup in a crypto-friendly bar with some great, diverse company.Living on Bitcoin Day 7: A Supposedly Fun Thing I’d Definitely Do AgainI finally wrap up my week of living on bitcoin in San Francisco with visits to 20 Mission and bitcoin artist cryptograffiti. But first, I’ll have to survive a storm out on the Bay.Saying that I thrived while on bitcoin would be pushing it, but saying that I survived would be an embellishment.So I’ll put it another way: I subsisted. Plain and simple, I got by without buying into a strip club’s tit-for-tat (tit-for-bit?) or splurging on a high-dollar meal like Kashmir Hill did in 2014 (though I could do that here in Nashville, dropping fat sats for a meal at Flyte). Sure, the drinks at Stookey’s weren’t cheap, but they weren’t a bottle of Dom either. I got by without even buying a meal from a merchant during my trip, relying on bitcoin-bought Uber Eats credit and friends to keep me fed.My experience was both anticlimactic and blindsiding. I could have done it anywhere, something that I describe in the write-ups as fascinating and frustrating at the same time. I didn’t need San Francisco to spend my bitcoin (a city that, the week made quite clear, didn’t really want my bitcoin). Bitcoin didn’t need the merchants, though, to be useful; infrastructure, like Paxful and Bitrefill, made it useful.As the series unfolded on social media, plenty of other bitcoin-to-gift-card services, like Fold App and Bidali, reached out to me on Twitter, reaching for a chance at a PR plug (don’t

13 days ago

ConsenSys Promotes 14 Crypto-Games and 2 dApps That Let Users Earn Money While Having Fun

The use of blockchain technologies is slowly permeating various aspects of everyday life. Not only industrial and business applications fill fans and maximalists with optimism, but lately, the appearance of Non-Fungible tokens (NFTs) has begun to gain space in the ecosystem of gamers and collectors. ConsenSys, the blockchain software technology company founded by Ethereum cofounder Joseph Lubin, recently published a post promoting this type of technology, seeking to excite the community with the Crypto-games idea, demonstrating that this concept goes far beyond the legendary Crypto Kitties. They explained that the existence of the ERC-721 tokens, allows to create unique assets that can be attractive for collectors. Likewise, the combination of ERC721 and ERC20 tokens in the same development allows the creation of games and applications that, besides being fun, can turn out to be financially attractive for users: “Online, blockchain-based games have embraced the ERC-721 token and launched a host of games with active users and transactions. As all these tokens are built off the same standard, we are seeing the emergence of liquid markets across the digital gaming ecosystem with people able to trade assets between games. And the best part? There’s even some $$$ in it for you if you commit the time.” In the article, they explain that one of the team members made a profit of $600 in just 3 hours thanks to the trading of NFT on Ethereum. It is also important to note that Ethereum fans had previously seen how a crypto kitty was sold for 600 ETH, which represented a value of 170k for the moment The team of ConsenSys promoted 16 games that have as a fundamental feature the possibility that their users get money while spending a pleasant time sharing with the community. The promoted games are: Etheremon — Strike out and capture, train, sell, and trade unique digital creatures known as “Mons.” Cryptokitties — Yes, yes yes. The ‘original’ NFT blockchain game. But it belongs on this list! Buy, breed, and trade digital cats. PlasmaBears — Build, sell, and trade digital bears. Send them on adventures to discover valuable, wearable (and tradeable) assets. 0x Universe — Build a spaceship and explore the galaxy. Colonize planets and sell resources to continue your cosmic mission. Chibi Fighters — Collect, trade, and battle digital warriors on the battlefield. Collect weapons and assets to trade as well. Hyperdragons — Collect, breed, train, trade, and battle unique digital dragons on the blockchain. MyCryptoHeroes — Collect, train and battle historical figures...all without worrying about gas fees. Axie Infinity — Collect, raise, and battle unique digital fantasy creatures. Gods Unchained — A ‘head honcho’ in the NFT gaming space. A card trading game with tournaments and rewards. Blockchain Cuties — Breed, raise, battle, and outfit your creatures. Not so cute when you get them in the ring. World of Ether — Discover, breed, and pitch digital creates against one another on the blockchain. Keep searching for a legendary monster. Decentraland — Claim your NFT-based plot of land in this VR world and prepare to build and trade assets. CryptoAssault — Command armies in a 3D world. Capture territory, mine resources, and battle opponents. CryptoBaseball — Collect tokens that represent real baseball players and build your team to best reflect real-world performance. Finally, they promoted two developments for exchanging artworks on the blockchain. One of these (SuperRare) was precisely the platform used by the team member to obtain the $600 they mentioned previously: SuperRare — Buy, sell, and trade verifiably-unique digital art. CryptoSketches — Create, buy, and sell vector images. The post ConsenSys Promotes 14 Crypto-Games and 2 dApps That Let Users Earn Money While Having Fun appeared first on Ethereum World News.

14 days ago

ConsenSys Lists 16 Ethereum Blockchain-based Games You Can Make Money Playing

Blockchain has the potential to revolutionize the gaming industry through the use of Non-Fungible Tokens (NFTs). ConsenSys media recently highlighted 16 live NFT-based games that users can play for fun and earn some money in the process. Revolutionizing Gaming According to ConsenSys, while the blockchain community is busy discussing network upgrades, adoption and scalability, blockchain-based games are quietly providing early proof that blockchain technology can revolutionize an industry. On the Ethereum blockchain, no-fungible tokens are defined as ERC-721 tokens. These tokens do not have equal value to other similar tokens, unlike fungible ERC-20 tokens. One ETH is equal in value to another ETH, but this is not the case with NFTs. Games are using these ERC-721 tokens, and ConsenSys claims that one of their team members made $600 in just three hours using NFTs on Ethereum. NFT-based Blockchain Games ConsenSys went on to provide a list of different games that are using NFTs and bringing new, unique tokens to buy, sell, and trade on Ethereum. ConsenSys listed different categories of games starting with “Collectible and Trading Games” like CryptoKitties, the popular Ethereum-based game that allows users to buy, breed and trade unique digital cats. Etheremon is a game that allows users to capture, train and sell unique creatures called Mons. PlasmaBears is a similar game where unique digital bears can be built, sold and traded or sent on adventures to discover wearable assets. 0X Universe allows users to create a spaceship and explore the galaxy, colonizing new planets and selling resources. The next category was “Battling Games” which includes games like Chibi Fighters where players can battle and trade digital warriors and collect weapons. Other battling games include Hyperdragons where users breed and train digital dragons and MyCryptoHeroes which allows users to collect, train and fight with historical figures. Other popular games in this category are Axie Infinity, Blockchain Cuties, World of Ether and Gods Unchained. The next category was “Strategy Games” which includes games like Decentraland, a VR world where users get a plot of land to build and trade assets. Another is CryptoAssault where users command an army in a 3D world and CryptoBaseball where users play baseball with tokens representing real baseball players which represent real-world performances. The final category ConsenSys listed was “Artwork Trading” where NFTs are also being used in artwork trading applications like CryptoSketches and SuperRare to buy, trade, and sell unique digital art. ConsenSys Lists 16 Ethereum Blockchain-based Games You Can Make Money Playing was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

15 days ago

Brave Browser vs Google Chrome - What Browser Is The Best?

When Brave browser joined the market, many viewed it as a significant threat to Google Chrome. The browser is safe, fast, secure and crypto friendly. According to developers, the Brave is trying to fix the internet. Brave created a buzz by introducing a system that blocked ads and ad trackers by default, eliminating the need of ad block extensions. These capabilities make Brave a candidate for mass adoption. Due to the unusual model by Brave, many viewed the browser as the next Chrome. Chrome is feature packed with fun extensions. The browser keeps your digital life organised across multiple devices. By November 2018, Chrome enjoyed a market share of over 50%. By October 2018, Brave browser surpassed the four million active user mark. Here is a comparison between the two browsers that have been projected to fight for dominance in the market. Security The Brave browser is natively secure with ad blocking, and HTTPS Everywhere. Most users tend to trust Brave because it does not require third-party extensions to guarantee browsing security. A Brave user is allowed to chose what data to delete at the end of a browsing session. That is derived from blocking fingerprinting attempts and scripts from loading. Users have numerous ways to customise their browsing experience to be secure. Brave does not also support many third-party add-ons. Extra extensions might be annoying to some users. This capability ensures that no malicious extensions compromise the user’s security. This is also an issue on the other hand, as some extensions are really useful for day-to-day activities. On the other hand, Google Chrome takes the lead on browser security. Google automatically updates Chrome to the latest version for users to enjoy improved security updates. Chrome also frequently scans for any malicious downloads. Google Chrome also enjoys one of the highest browser scope security test scores. They’ve been has been calling on hackers to detect vulnerabilities in Chrome so that its engineers can improve in case of any loopholes. Its browser security is undisputed. Brave Browser have a lot to work on the security part, but they’re on the right path for now. Privacy Brave has some unique feature to guarantee confidentiality while browsing. The default ad blocker inhibits tracking of your online activities. Also, the ability, to secure unencrypted sites with HTTPS enhances privacy while browsing. In the next upgrade, Brave is expected to release private tabs similar to Chrome’s incognito. The tabs will use Tor to prevent any unsecured connection. The use of Basic Attention token (BAT) ensures users anonymously support their favorite websites. When it comes to privacy, there are some points of concern with Google Chrome. Chrome provides pop-up blocker extensions alongside with the ability of users to send a “Do Not Track” request along with the browser traffic. However, we cannot ignore the fact Google makes millions through knowing a user’s activity online. Google Chrome provides features to beat this system. At the same Chrome is used to learn more about a user and later to monetize the details. Chrome also supports a wide range of extensions that enhance your privacy information. Additionally, we can’t tell what is hidden in the Chrome code because it is a closed source browser. To beat this problem, Google released an opens sourced Chrome version. We tend to believe that on the privacy part, Brave browser clearly wins - as their model is better for someone focused on privacy. Cryptocurrency Friendly Brave browser supports cryptocurrencies with an inbuilt Basic Attention Token (BAT) wallet. The wallet can be loaded using cryptocurrencies like Bitcoin and Ethereum. Users can use the wallet to donate to their favorite websites or for other types of transactions. Under Brave’s business model, users get paid in BAT for viewing ads from the Brave ad network. The model’s not live, yet, but it plans to be this year. Google Chrome does not support cryptocurrencies natively. However, it supports cryptocurrency related extensions. Recently, Google announced that it was banning all crypto mining extensions on Chrome. According to Google, there was a rise in the number of malicious extensions in the web store. The malicious extensions were using computer resources without the consent of the user. Even though Google is not so crypto friendly, there are a lot of extensions that works on Google Chrome regarding cryptocurrencies - such as Metamask. Brave Browser however is mostly used by people that are in a technical field or cares deeply about their privacy. Ads and Ad Blocking If you don’t like ads, you are safe with Brave browser. The brave browser has an inbuilt ad and tracker blocker. The blocker inhibits trackers from learning more about a user for monetization purposes. As seen earlier, the default ad block enhances Brave’s browsing speed. It is important to note that Brave does not block ads that occur

16 days ago

Most Played Ethereum dApps in 2019

Decentralized Applications are coming up at a high rate due to blockchain technology and platforms like Ethereum. A majority of dApps operate on the protocol of smart contracts without a central point of control. dApps have real-world assets which are earned through playing the game. Over the years, Ethereum network has seen a growth in the number of dApps. The platform has even experienced congestion from the development of dApps. Many developers flocked the network to turn ideas into a reality. With Decentralized Applications dorminating the cryptocurrency sector, here are the top five most played dApps on the Ethereum network in 2019. Gods Unchained Gods Unchained is a trading card dApp set up on the ethereum blockchain. Owning of this card is guaranteed by smart contracts. According to Gods Unchained developers, they are going to roll out a new look standard of gaming which will focus on transparency and immutability. Users begin the game by putting up their deck from numerous special cards. Users are the sole owners of the cards they collect by either buying or trading through the ERC721 tokens.Furthermore, players can combine several lower-tiered cards to create new ‘shadow’, or ‘diamond’ tier cards. This game is free, fast and multiplayer driven with competitive tournaments that come with different prizes. When a user buys a card, 10% of all pack sales is channelled towards the total prize of $1.6m up for grabs in the tournaments. The tournaments ares set to be hosted in 2019. With 20,000 tickets available, Gods Unchained tournaments is going to be a lively event. Etheremon This dApp is a combination of virtual reality gaming and Blockchain. Users of Etheremon have access to an unprecedented gaming adventure. Etheremon games create a universe of Etheremon (Mons) where the player is required to capture, train, and exchange them with others. The dApp is the first game where players can own an asset which can’t be stolen and is usable in the real world setting. The more a player trains the Mons, the more it’s value increases. It is important to note that most Mons are limited in supply. Mons under the Form 2 and 3 categories can only be owned from evolving. This aspect makes them scary. The value of Mons rises with the level of scarity. By playing Etheremon, you get to mine the EMONT cryptocurrency. EMONT is an ERC-20 based token. Developers of the game capped the token at 20 million where 5% will for the developers, 25% has been dedicated to the user growth pool while players will mine the remaining 70%. Early players of the game have a chance of accumulating more EMONTs which can be exchanged with Ether or be deployed in the game. Developers are expected to make EMONT the primary currency of the game. This move will increase the demand and value of the token. Currently, Etheremon has an average of 400 users within 24 hours. Hyperdragons Hyperdragons is a popular Ethereum decentralized application that offers players a hybrid gaming experience that comes with fun and accumulation of assets. Hyperdragons allows players to buy and exchange dragons using the Ether token. Dragons are separated by features like cuteness and coolness. This competitive game allows users to collect, breed and exchange digital dragons by generating smart contracts on the blockchain. Unlike other games where early players benefit more than new players, Hyperdragons takes care of both players and non-players within the game. The dApp comes with the open Arena that gives a chance to spectators to predict the outcome as dragons are fighting. A spectator with correct predictions earns lucrative bonuses. According to the Hyperdragon whitepaper, there is no room for boredom. Developers are set to roll out improved playing features that support the current expandable designs. The developers will also incorporate scalability alongside testing and development. All players are set to gain entry into future experiences. Players with the dApps digital compatibles will also have a chance to trade them for dragon eggs without any charge. The game is currently attracting an average of 450 users within a day, making it a top dApp under the Ethereum network. Blockchain Cuties Blockchain Cuties is another top game developed on Ethereum network. Players of this game can create and own ‘cuties’ in the form of puppies, dragons, bear cubs, cats and other real and fantasy creatures. The game allows creatures to mate and sire to form offsprings that have similar characteristics like their parents. Additionally, the cuties have a different price. For example, limited edition creatures can cost up to 6 Ethereum while basic pets can run lower than .0085 ETH. Ethereum is the official cryptocurrency used to trade the pets. All pets are ERC-721 token and can be sold to other players just like a regular cryptocurrency. The selling point of this game is the fact that each creature is a crypto-coin itself. However, the value of each creature is static and

16 days ago

Startup Launches Loaded Bitcoin Cash Notes to Spread BCH Adoption

Bitcoin Cash proponents can purchase collectible and loaded BCH notes from a company called Global Notes based in Melbourne, Australia. The creator of Bitcoincashnotes.com is a firm believer in Satoshi Nakamoto’s vision for a peer-to-peer electronic cash system and thinks the low fees tethered to the BCH chain are “vital for the economic feasibility” of the company’s physical bitcoin cash product. Also read: Panda Exchange Deploys Hybrid Point of Sale and Crypto ATM in Bogota Loaded Bitcoin Cash Notes A startup called Global Notes has introduced a series of collectible bitcoin cash bearer bond notes that are loaded with a small fraction of BCH. The creator believes BCH funded notes are a great way to spread adoption by tipping people for their services and gifting friends and family as well. The company’s website Bitcoincashnotes.com has released its first release version 0.1.0 which contains a denomination of 1mBCH (0.001 BCH or $0.11 at the time of publication) per bill. “[Bitcoin cash notes] are preloaded paper wallets that look and feel like real money — Each note contains Bitcoin Cash equal to its face value,” explains the Bitcoincashnotes.com website. “A private key has been encapsulated in each note underneath a tamper-evident seal, giving you access to the bitcoin cash at any time.” Bitcoin cash notes front and back. The company sells notes in a standard variety and a collectors’ edition. The bills look similar to a U.S. dollar but instead of dead presidents, these notes have a picture of Dorian Nakamoto. The note comes with a printed public key and private key so the bearer can sweep the funds at any time. On the top, there is a disclaimer detailing when the notes were issued with the promise that Global Notes originally loaded the funds on the bill and this can be verified onchain. Under the public key QR code, it says 1mBCH and version 0.1.0 alongside the bill’s print number. On the right side of the bill is the private key which is covered by a tamper-resistant holographic sticker. Under the sticker, it says that there is a non-deterministic private key underneath and if the key is accessed and swept the bill will be void. The top of the note reads “Bitcoin Cash Note” and below Dorian it says “One Milli Bitcoin Cash.” The backside of the bill is a colorful orange design that reads “In cryptography we trust.” All the notes are numbered sequentially with a note ID alongside a version number which details the exact release of the bill. “The 4 digit code printed at the top left-hand corner of the tamper-evident seal provides enhanced security against covering a tampered seal with a new seal,” the company details. “The 4 digit code equals the last 4 digits of the Bitcoin Cash address.” Bitcoincashnotes Aims to Further Progress Economic Freedom to the Unbanked Bitcoincashnotes says that it operates with high standards of integrity and the company values the trust customers provide. To ensure the private key is kept safe on the bill, the manufacturer’s applied a holographic tamper-evident seal made of a light-impenetrable material and scrambling text. The BCH note producer also details a number of ways customers can authenticate the integrity of the BCH bills. BCH notes come in a standard version and collectible series. First, they can inspect the note for any irregularities and check the note’s version number with the company’s changelog. This will ensure the note’s printed ID corresponds to the version number, explains Bitcoincashnotes. Customers can also verify that the four-digit code printed on the top left-hand corner of the tamper-evident seal to make sure it equals the last four digits of the BCH address. Furthermore, the funds can be verified onchain as well by scanning the QR code tethered to the public BCH address. Currently, there are 15 different countries Bitcoincashnotes will not ship to including places like Algeria, Bahrain, Bangladesh, Bolivia, China, Ecuador, Egypt, Iceland, and Iraq. Additionally, the standard and collectible BCH bills can only be purchased with bitcoin cash. Bitcoincashnotes says the firm considers itself a “social enterprise” and aims to help change the world with the help of a reliable peer-to-peer cryptocurrency system. “In the long term, we would love our notes to transform into something that provides economic freedom to the unbanked 3 billion people in the world who are constantly being ravaged by inflation — But for now, bitcoin cash notes are just a bit of fun for us regular banked people,” the bill manufacturer concedes. What do you think about the loaded 1mBCH bills? Let us know what you think about this subject in the comments section below. Disclaimer: Bitcoin.com does not endorse nor support this product/service. Readers should do their own due diligence before taking any actions related to the mentioned company or any of its affiliates or services. Bitcoin.com and the author are not responsible, directly or indirectly, for any damage or loss cause

16 days ago

Join us for @ArcBlock_ios next Technical Learning Session - ...

Join us for @ArcBlock_ios next Technical Learning Session - QRCodes are Fun and Useful for Payments, Links and Iden… https://t.co/Dqf1s76hq0

19 days ago

NEW: With Enigma, dApps can gain significant usability and s...

NEW: With Enigma, dApps can gain significant usability and speed advantages. In this post, see how a fast, fun, dec… https://t.co/X0cdluXZ1y

20 days ago

New FunFair friendly sub on r/Cryptocurrency247

Just so everyone knows we are huge fans of FunFair and we are regularly sharing FunFair news and information on our sub r/Cryptocurrency247. Come and subscribe and keep up to date with FunFair developments!

20 days ago

RT @arlynculwick: Always fun when @notsofast tweets discreet...

RT @arlynculwick: Always fun when @notsofast tweets discreetly about BLOCK ;-) https://t.co/lYLLmV8shR

21 days ago

RT @trevorkoverko: Very special moment for the security toke...

RT @trevorkoverko: Very special moment for the security token universe. Now the real fun begins https://t.co/6WxasxRgOK

24 days ago

Are you streaming right now? 👀 We are looking for #streamers...

Are you streaming right now? 👀 We are looking for #streamers who we could offer exciting and fun challenges 24/7. I… https://t.co/xv2i1CkuHD

a month ago

Living on Bitcoin Day 5: An In-Store Buy At Last (Spoiler: It’s Pot-Related)

This is the fifth instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 and on Day 4.I woke up in a millionaire’s bed today, something I never thought I’d say because I ain’t gonna make a million bucks, and I always doubted I could’ve finagled my way into the bed of someone who had.Jeremy’s room is your prototypical festival bro living space: Bob Marley poster in one corner, jam band festival posters for Camp Bisco and Gathering of the Vibes (among other music festivals) tacked above a 50-inch, Toshiba plasma screen, which was leaning against the wall and propped up on the box it came in. A tangled cluster of conference passes (many speaker or VIP) hung from a back wall above the felt loveseat.Below one of the room’s three windows, there’s a bookcase sectioned off into six cubbies, which include Hunter S. Thompson, Michael Lewis, Truman Capote, and some self-help and econ/business books. Almost poetically, a book called Ego is the Enemy appropriately placed in a cubbie diagonally opposite to the one housing Tucker Max’s Assholes Finish First.On the third floor, I made the coffee I bought at Whole Foods, warmed one of the croissants and did some work.Over Slack, my colleague Aaron van Wirdum suggested I try a map called Bitcoin Map on the Google Play store to see if it had any bitcoin-accepting places listed that I could be missing. I pulled it up, browsed some places I had previously tried but knew no longer did. Then, I glanced at Haight-Ashbury on the map one last time and noticed a smoke shop and one-time hookah lounge that accepted bitcoin.On the off chance, I called them up.“Do you guys still accept bitcoin?”“Yes, we do.”“Seriously?!”“Yes.”Exuberant, I let a triumphant expletive slip and thanked the woman, assuring her that I would be by later that day.It would be a smoke shop that becomes the first place where I can spend some bitcoin, I thought to myself.With that victory, my spirits were lifted and I began to make preparations for my day. Needing to get more credit for Uber, I tried out Gyft, a gift card purchasing platform that made Hill’s second run at this in 2014 so much easier. Vinny Lingham started it, and the platform accepts other forms of payment than just bitcoin.I couldn’t use it though. I tried to buy an Uber gift card, but my Samourai wallet wouldn’t accept the BitPay QR as valid (which, given Samourai’s general crypto maximalism, made sense and also seemed to sum up the difficulties of the experiment to that point). I opted for Bitrefill again.Then I started doing some research on Kraken and Coinbase’s locations in San Francisco. According to Google, they have the same office address, which I found odd.Putting the address into my Uber app, I decided to make my way to the heart of San Francisco’s Financial District to see if I could pester my way into either or both offices. “Just show up and ask to talk to people,” Hill’s advice echoed in my head.The addresses I got on Google led me to a mailing address, but then a bit of sleuthing got me addresses (supposedly) of the actual offices for both Kraken and Coinbase. Kraken’s, though, turned out to be a FedEx, which led me to think that my informant was screwing with me or that Kraken had registered that address intentionally so as to not be bothered.Coinbase’s office was right, so I cut the informant some slack. I secured a receptionist’s number from the security desk in the lobby but didn’t really have time to make an appointment for later. This wasn’t 2013 anymore: I couldn’t just drop in on their three employees in an apartment office anymore. This was 2019 and Coinbase had become a unicorn with more than 500 employees and six offices in three countries.The rain was light but steady when I was searching for Kraken and Coinbase’s offices, but it would come down progressively harder the longer I walked. I passed a Target on my route in which I could have bought an umbrella (Paxful and Gyft have Target cards), and it highlighted a problem with banking on bitcoin through gift cards. You have to preplan your purchases, or else you have to stop, connect to wifi, and use an exchange that takes bitcoin to buy new cards before you can redeem them.It seems obvious, but it’s not as seamless as cash, debit or credit. Even so, there aren’t so many hoops to jump through — just enough to make doing so outside in the rain an inconvenience.My denim jacket was thoroughly soaked, so I stopped inside a Starbucks and ordered a coffee with a Starbucks gift card I bought on Paxful. I ordered a seasonal latte, basic white boy that I am, but I had the barista only pump about a third of the usual flavor shots into it because I don’t like drinking syrup.While downtown, I visited Quantstamp’s offices, as Christian had set me up with a buddy of his who worked there, Jared let me in and we talked crypto. He mentioned a bubble tea cafe nearby that used to accept c

a month ago

Dogecoin Price Struggle Continues Despite Solid DOGE/BTC Gains

As was somewhat to be expected, the overall bearish market sentiment materializing yesterday is still in place today. Following some steep losses by Bitcoin and other top markets, the entire top 20 by market cap has turned red. Recovering any of these losses will pose its own set of challenges, even where the Dogecoin price is concerned. Dogecoin Price Slump Continues It has not been a fun week for Dogecoin and other cryptocurrencies. Whereas some had high hopes for a trend reversal over the weekend, the reality often works out in a very different manner. More specifically, there has been another wave of downward pressure on Sunday, which is still in effect a day later. This doens’t bode well for any cryptocurrency, token, or asset on the market today. Over the past 24 hours, there has been another strong Dogecoin price decline. Following a net 2% loss in USD, one DOGE is now valued at $0.00209. On the flipside, there is a 2% gain in BTC value, albeit Dogecoin still struggles to surpass the 58 Satoshi level in a convincing manner. It seems this DOGE/BTC struggle will only intensify as more time progresses, although it is still too early to draw any real conclusions in this regard. A very aggressive yet funny post has been shared on Reddit over the past few hours. It seems quite a few people still don’t understand what Dogecoin’s purpose is in this world. That shouldn’t come as any team surprise under these circumstances, yet trying to force the non-existent developers into “capping this coin supply or perishing” seems like a bit of an awkward sentiment first and foremost. Such veiled threats won’t have any effect anyway, but one can always try. In a completely different message, it seems Steve Beauregard still likes Dogecoin as much as he did many years ago. Most cryptocurrency veterans will recall the name, as Steve is involved in both GoCoin and Bloq at this stage. GoCoin was one of the first major crypto payment processors to officially support Dogecoin, although it remains a bit unclear how successful this venture has been so far. Dogecoin? Jk ... still love #dogecoin https://t.co/k6reFM9JT3 — Steve Beauregard (@GoBloqSteve) January 21, 2019 It would also appear the community is quite intent on ensuring they can spread the word about Dogecoin again. Especially when considering how there are so many misconceptions regarding Dogecoin and its purpose, this new essay writing contest might help improve upon the situation. It also seems users will earn some Dogecoin for participating in this writing content, which is a rather interesting development in its own regard "what is dogecoin?" essay writing giveaway!! via /r/dogecoin https://t.co/gMWqc9vMsV hot in #reddit #dogecoin #doge #crypto much wow! — Domain Address Info (@DomainAddress4u) January 20, 2019 All things considered, it seems the current Dogecoin momentum isn’t necessarily something to be overly worried about. As long as the DOGE/BTC uptrend can remain in place, this altcoin shouldn’t lose any ridiculous amount of value in the near future. The main question is whether or not the $0.002 level will act as proper support or not. For the time being, anything is possible under these circumstances, but it remains to be seen how the markets will swing in the coming hours and days. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Dogecoin Price Struggle Continues Despite Solid DOGE/BTC Gains appeared first on NullTX.

a month ago

We Are Giving Away x5 Trezor One! (White)

If you are a crypto maximalist who thinks that digital assets will take over the world or you are just an occasional hodler who enjoys the content that Ethereum World News delivers every day, keep reading: This may interest you Ethereum World News & CoinMarketApp are pleased to announce a new contest, as a way to give back to our followers a little bit of that love and loyalty they have given us (and have some fun, too... we can’t deny it) We are giving away 5x Trezor One hardware wallets, so you can safely and easily store your tokens while reading our articles or reviewing your portfolio’s performance with CoinMarketApp. Trezor One is one of the most reliable hardware wallets on the market. The Trezor team has pioneered the development of this type of devices, with more than 5 years of experience offering cutting-edge technology for all kinds of users, from curious to big whales. To participate all you have to do is click the link below, register, and follow the instructions: https://gleam.io/IOZZV/trezor-one-white-x5-coinmarketappethereumworldnews-giveaway The giveaway will last 2 weeks. From Sunday, Jan 20th, 2019 to Sunday, Feb 3rd, 2019 at 23:59 UK time. At the end of the contest, winners will be randomly selected and contacted via email. If a winner does not respond within 1 week, the system will randomly select a new one. The more entries you have, the more chances you have to win! Thank you for being part of the family... and Happy Hodling! #wallet #security #TrezorOne The post We Are Giving Away x5 Trezor One! (White) appeared first on Ethereum World News.

a month ago

‘Entourage’ star has a show about crypto in development

In what will either go down as the best or the worst idea ever, a star of the TV show Entourage is bringing crypto to the small screen. According to Breaker, Kevin Connolly, who played Eric “E” Murphy on Entourage, has partnered with media crypto fans Jason King and Erik Sords to build a show that makes dramatic hay of the ups and downs of a nascent and volatile industry. The would-be show’s title is, obviously, Cryptos. “These guys [Sords and King] want to bring [cryptocurrency] to the mainstream for the better of cryptocurrency. I’m just the filmmaker interested in telling cool stories and exploring cool characters,” Connolly said to Breaker. “For me, it’s about relationships and friendships. That’s what people tune in to see.” According to Breaker, the show will center around a small group of friends and chronicle their struggles as they try to get a decentralized film studio (and associated token) off the ground. Given the lack of announced network backing and the poorly photoshopped “poster” associated with the show, it doesn’t look like this jalopy of a premise has much gas yet but, given the surprising resilience of crypto thus far it might be fun to see some of the movers and shakers given the Silicon Valley treatment. “They claim to be in the process of producing the first 10 episodes, with the hope of being picked up by Netflix, Amazon Prime, or another content-hungry platform,” Breaker wrote. Why not just write it to the blockchain? The post ‘Entourage’ star has a show about crypto in development appeared first on The Block.

a month ago

From #reckless to Wumbology: Lightning Network’s Infrastructural Build Out

Lightning Network’s infrastructural build-out was one of the most anticipated developments of the second half of 2018. Significant progress in both R&D and implementation has increased hype and anticipation for what is setting up to be a year of major improvements to the network. The Lightning Network’s goal is simple: provide a way for users to easily facilitate off-chain payments as fast and reliably as possible while keeping the design accessible to the average user. Expecting users to run full nodes as a prerequisite or attempting to have them manage channel liquidity manually is infeasible. As such, the primary focus of Lightning development in 2019 is centered around four areas: (1) improving security guarantees in the system (2) maximizing liquidity at all steps of the process (from ease of funding to liquidity provisioning within channels) (3) improving privacy and (4) simplifying UX as much as possible. This is not a gentle introduction to the Lightning Network. Aaron van Wirdum’s excellent four part series on how the Lightning Network works is an excellent resource for those looking for an introduction. This article is aimed at informing users who are familiar with the basic mechanics of the network about what’s in the development pipeline. For those interested in a more in-depth treatment, the Bitcoin Op-Tech newsletter and lightning-dev mailing lists are a treasure trove of debate over protocol specifications, progress updates, and indications of what’s on the roadmap. Lightning Infrastructure & Products It’s important to start with infrastructure: that’s where much of the development has been focused, laying the groundwork for both future use for payments and more advanced application development. There are several Lightning Network clients, the three most popular being lnd from Lightning Labs (written in Go), eclair from ACINQ (Scala), and Rusty Russel’s c-lightning (C, of course). New interfaces like Pierre Rochard’s Node Launcher allow for easy set up with both a Bitcoin and Lightning node with very simple GUIs (which can then be connected to a host of wallets including Zap, Spark, Wallet of Satoshi, etc.). User-oriented products like Bitrefill are aimed at making it easier for users to open and fund channels. Casa’s Node is an out-of-the-box Bitcoin & Lightning Node that looks good in your apartment. Similarly, BTCPayServer, OpenNode, Coingate, and ACINQ’s Strike allow developers to easily integrate Lightning payments. Lightning Joule is an open-source MetaMask-like wallet built by Will O’Beirne that allows for easy, browser-based LN payments. While it’s still in alpha, it hints at what future UX will look like — including a potential identity solution. It wouldn’t be surprising to see other Ethereum dApp design patterns similarly adopted. Apps that have integrated Lightning Joule already include lightningspin.com and LightningK0ala’s LN Chess. There are also some fun products being built integrating Lightning. It’s important to note, while the apps appear simplistic, the Lightning Network hasn’t yet reached full maturity. Further improvement of developer tooling like WebLN will allow for easier integration in the future as the barrier to entry drops. Some of my favorite nascent demos include Microbet, a LN-enabled prediction market, and Y’alls, a micropayment enabled content site. Will O’Beirne’s Lightning Joule offers a MetaMask-style wallet for Lightning users. Technical Improvements Lightning development in 2018 was showcased at the second Lightning Development Summit in Adelaide, Australia. Just two years after the initial Lightning Network specification was presented in Milan, the spec for version 1.1 was kicked off with dozens of potential proposals fighting for inclusion. Since Lightning is built on Bitcoin, many future improvements are downstream of technical improvements to the base layer. The majority of improvements in the latest Lightning spec focus on the key areas specified above: usability, security, liquidity provisioning, and privacy. The features explored are in various stages ranging from proposal to working implementation. A bulk of these improvements are slated for inclusion over the course of the year, setting up for a big year for the Lightning Network. Neutrino Unlike full nodes which have a full historical record of transactions, lightweight nodes only sync block headers and use a method called Simple Payment Verification, originally described in the Bitcoin whitepaper, to verify transactions. Mobile devices—underpowered, with limited bandwidth and power—instead have lightweight nodes operating behind their wallets. Lightweight nodes still need to be connected to full nodes to validate transactions. In this process, clients send a filter (called a Bloom filter) to a full node, which then returns a set of relevant transactions,which are then used locally by the wallet for validation. Unfortunately, this process has shown to cause privacy loss as it’s possible for

a month ago

TrueChain Wallet is a fun, simple, secure blockchain wallet....

TrueChain Wallet is a fun, simple, secure blockchain wallet. Multi-chain multi-wallet to make it easy to use. 100… https://t.co/AtD1v64Zox

a month ago

Interview with Taylor Monahan on Building a Security Conscious Team at MyCrypto from Hiring to Culture

In this interview, we are talking about a topic not related to Asia but applicable to all companies that are in the building-phase. GCR and GBIC partnered up to interview Taylor Monahan, CEO of MyCrypto. Joyce Yang from GCR and Richard Lee from GBIC asked Taylor for her best practices on how to instill a high-security-aware culture in her company. Her answers are practical and refreshing so be sure to check it out below. Here are the topics covered: What is MyCrypto and how did it get started?Demand for Crypto Wallet Businesses and its Correlation with the Market On HiringOn Managing a Team and Creating a Cohesive Culture in a Decentralized EnvironmentMyCrypto’s Decentralized TeamInstilling a Security Conscious Team at MyCrypto from Hiring to CultureThe Problem with Security Control in a Company related to Digital CurrencyOn MyCrypto’s Fundraising ExperienceTaylor’s Advice for New CEOs What is MyCrypto and how did it get started? Joyce Yang Taylor, welcome to GCR and thanks for this interview. Can you tell us a little more about MyCrypto? Taylor Monahan Yeah. Thank you so much for having me. So MyCrypto is an Ethereum wallet. So it’s a way for you to sort of interact with the Ethereum Blockchain and send your cryptocurrency around. If we want to go a bit more high level for those people who don’t necessarily know what crypto is, basically there’s like Bitcoin and there’s Ethereum and they all sort of fall into these crypto currencies which are like decentralized money, it’s basically digital goal, it’s all these words. And what our product enables you to do is similar to maybe, like Venmo or your online banking application. You can go in, you can view your balance, you can send your funds around, but there’s these other assets called tokens which are another whole thing that we can go down if we want to, but essentially, it’s similar to your online banking experience, but everything is you know revolutionary and its cryptocurrency and it’s a Blockchain and it’s all those exciting new technologies. Joyce Yang How did you get started with the company? Taylor Monahan So I have been in the space for a couple years, and when Ethereum launched, there was no way to interact with the Blockchain, there’s no way to see your balance or to send your funds from one place to another or to sort of open a new account. The only way to do that was via command line which is like that hacker terminal thing that you see in the movies, and I wasn’t comfortable. Personally, I wasn’t comfortable sending money via command line. So we put together this very simple interface that basically allows a person to take these actions that they’re going to want to take, but do so with like a familiar user interface. So we have things like buttons and we have warnings if you screw something up. And if you type in the address incorrectly, it’ll tell you like “Hey, that doesn’t look like a proper address, maybe you want to try that again.” And from there, we kind of like just threw it out to the world and it caught on and people started using it and people started giving us feedback and telling us if things weren’t clear, and they started requesting features, and it just really grew organically from there. There were so many people that had the same problems that we were having, and so in the early days it was really easy to you know, if I built this product for myself and it solves my own problems, it turned out that it would also solve all these other people’s problems. And it was a very unique start I think. I often referred to sort of my journey as I accidentally started a company because it was definitely not very well thought out or intentional, but it’s a really awesome adventure. Richard Lee And how long ago was that? Taylor Monahan So Ethereum launched in August of 2015, so it’s been just over 3 years now. I’ve been sort of following the crypto Bitcoin space since 2013. And obviously the space is very new relative to most technologies. Demand for Crypto Wallet Businesses and its Correlation with the Market Richard Lee And do you think I guess like the growth of the company has been following like the growth of digital crypto in general? So you saw I’m sure like last year, you must have done a huge spike and had to really kind of go pedal to the medal for it. Taylor Monahan Yeah, so this industry is definitely dominated by sort of the hype cycles and the bubbles and the booms and the busts. And if anyone has heard about crypto, they usually hear about the massive amount of money that people could potentially make. And unfortunately, for the people that are building on this technology, our growth is tied to what the market is doing. And so when the market goes flying upwards to the “moon” as they say, the amount of users using our products also accelerates equally. And that sort of exponential growth, especially if you’re not prepared for it can catch you really off guard, and all you can do is put out the biggest fire firs

a month ago

Crypto Pundits Skeptical Of “Better Bitcoin” Plan From MIT, Stanford

Since Bitcoin began to pick up steam in 2016, the network, coupled with its core developers, has been criticized by cynics en-masse for its inability to scale. And while evident strides are being made, with solutions like the Lightning Network and Segregated Witness seeing rapid adoption, innovators have still sought to one-up the world’s first cryptocurrency. Academics from two world-renowned institutions of higher education recently divulged ambitions to top Bitcoin. Since the bombastic announcement, Joey Krug, a leading Silicon Valley investor and devout disciple of blockchain scaling, has come out in support of the project. Related Reading: Bitcoin Lightning Network Booms Amid “Crypto Winter” MIT, Standford Academics Release “Better Per Bloomberg, professors from seven U.S. universities, including the Massachusetts Institue of Technology and Stanford, in collaboration with San Francisco-based Pantera Capital have joined hands to create a newfangled cryptocurrency. The consortium, named Distributed Technology Research (DTR), plans to call their project Unit-e, which they hope will be able to facilitate 10,000 transactions per second (TPS). In a DTR research paper, participating academics claimed that Bitcoin’s inherent design has constrained its scalability prospects, subsequently reducing adoption. However, DTR’s researchers believe that their proposed system of sharding, which would allow for more efficient blockchain data processing, will allow for key TPS milestones to be breached. In an interview on Bloomberg TV, Joey Krug, a member of DTR, the co-founder of Augur, and the chief of investment at Pantera, lauded the project. Krug, who evidently has a vested interest in DTR, noted that “the mainstream public is aware blockchain networks don’t scale,” before lauding Unit-e’s potential to become a powerhouse in the smart contract realm, which he believes Bitcoin cannot do. Considering Krug’s enamorment with scalability, as mentioned in previous NewsBTC article, it should come as no surprise that his firm’s willing to put money where its mouth is. Yet, an array long-time crypto pundits and skeptics have quickly expressed their concerns about the “experiment,” remarking that Bitcoin isn’t going anywhere. Crypto Skeptics Duke It Out Although the project has gained the backing of Pantera’s hefty war chest, a majority of crypto commentators are skeptical of what the academics have to offer. NewsBTC’s Joseph Young recently took to Twitter to poke fun at Unit-e, likely touching on the mass of ambitious developers that have tried (and failed) in efforts to manufacture a “better Bitcoin.” Joseph even noted that “we’ve been through this at least 30,000 times in 2018,” referencing the collapse of projects claiming that they would usurp Bitcoin’s long-standing, unquestioned hegemony. STILL? I thought we've been through this at least 30,000 times in 2018 https://t.co/mEsr90Eoi1 — Joseph Young (@iamjosephyoung) January 18, 2019 Nic Carter, a crypto researcher, joked that the touted transactional throughout claims are “unproven,” adding that this venture is likely to “fall at the first hurdle.” Gabor Gurbacs, one of VanEck’s in-house crypto experts, quipped that Bitcoin works in reality, so it can be likened to a workhorse, rather than a unicorn — a likely jab at this project’s status. Pierre Rochard, a Bitcoin software engineer, explained that TPS is “an obsolete vanity hypothetical metric,” adding that the Lightning Network disvalues projects touting high throughput statistics. It is clear that crypto’s most fervent insiders are skeptical of this Pantera-backed venture, and they aren’t alone in their cynicism. While Jeff Sprecher, the chief executive of the Intercontinental Exchange, NYSE’s parent conglomerate, hasn’t commented on this foray to oust the flagship cryptocurrency, he touched on his skepticism of alternative cryptocurrencies in a Consensus: Invest speech. Sprecher, wed to the chief executive of Bakkt, explained that although Bitcoin is situated in a swamp, filed to the brim with “thousands of other tokens that you could argue are better,” the project continues to survive and thrive, all while continuing to see development and fundamental growth. From a purely logistical standpoint, Bitcoin may survive for decades on end due to its status as an industry household name. If you were to ask effectively any consumer, whether a crypto investor or otherwise, to think of a cryptocurrency, Bitcoin would first come to their mind. And with the level of institutional money backing BTC, it is unlikely that the world’s first cryptocurrency will lose traction to Unit-e, in spite of its notable roster of supporters. Crypto Small Caps Faltering, Underperforming Bitcoin Even if Unit-e makes it to market, small caps, even those with promising technology, innovative use cases, and stacked teams, have historically fallen short of the godfather cryptocurrency. Per previous reports from NewsBTC, Ethereum Classic came under

a month ago

Russian Duma Official Dismisses Government’s ‘Intention’ to Buy Bitcoin as ‘No Common Sense’

CoinSpeaker Russian Duma Official Dismisses Government’s ‘Intention’ to Buy Bitcoin as ‘No Common Sense’ Recently, some reports from several crypto media indicated that Russia intended to invest billions of dollars in Bitcoin to cushion itself against the effects of U.S sanctions. All of the reports, without further due (or check-up), cited a senior Russian economist and a lecturer at a national economics institution. However, a Russian government official says that this is very unlikely. Remember, economist Vladislav Ginko, who works at the state-funded Russian Presidential Academy of National Economy and Public Administration, posted to Twitter that he believes Russia has no choice besides Bitcoin as a hedge against economic losses taken as a result of the US sanctions against Russia. Chris, I believe sitting here in Moscow, Russia, that the real factor of Bitcoin apotion will be when Russian government I'm working for will start investing almost $470 billion reserves into Bitcoins. I expect that it'll be at least $10 billion in the first quarter of this year. — Vladislav Ginko (@martik) January 6, 2019 Australian crypto news website micky.com claimed to have spoken with Ginko who allegedly said: “US sanctions may be mitigated only through Bitcoin use. I believe that the Russian government will start diversifying its reserves with Bitcoin in February this year when US Congress will introduce... new sanctions against Russia.” The same “analyst” has, after the news about his claimings came out fake, approached to Coinspeaker demanding money for an “exclusive interview”. As you may see, there is no quotation of Vladislav Ginko in this text. Elina Sidorenko, chair of the Duma’s cryptocurrency group, confirmed the rumors are complete nonsense. She gave an interview to a Russian media Forklog saying: “This statement has no common sense. The Russian Federation — like any other country in the world — is simply not ready to combine its traditional financial system with cryptocurrencies.” She also added that it’s pretty much unlikely that this idea can be implemented in Russia for at least the next 30 years. Commenting on the cryptorubble idea, the Chairperson of the Interdepartmental Working Group on Cryptocurrency Risk at the State Duma, said: “A similar idea is already being considered within the framework of the EAEU, but the BRICS countries have moved closer to it. If a cryptocurrency unit had been invented, which allowed making payments only for energy, in fact, the Russian Federation could have made a long and long-term advance in the economy.” However, in what is an encouraging nod to the industry, the Russia Prime Minister believes that cryptos have a future. In his address in Russia’s biggest business event, Dmitry Medvedev acknowledged cryptos’ volatility, but he believes they’ll bounce back. Speaking on the extreme volatility seen in 2018, the prime minister and former president said: “But this, of course, is not a reason to bury them [cryptocurrencies]. There are both light sides and dark sides, as in any social phenomenon, in any economic institute. And we should just watch closely what happens to them.” Medvedev went on to discuss trade protectionism, social inequalities, and the speed and scope of global digital transformation, saying that the situation with the cryptocurrency market was among these global challenges. Earlier this month, there were also rumours of how Russia had refused to use Venezuelan cryptocurrency Petro in its bid to help out the fledgling economy. However, we have also seen a slightly more encouraging trend recently as it was reported that the country’s parliamentarians were considering favourable legislations for cryptocurrencies in the near future. In fact, it seems that Russia has over 20 cryptocurrency bills that can be passed this year, which suggests it may be on its way to rethink its approach to cryptocurrencies in general. While Russia, till now, has indeed adopted a more standoffish attitude towards crypto, it wouldn’t be fair to write it off as completely averse without first seeing what bills the Russian Duma has in store for the cryptoverse. Several news sourced wrote about the potential plan that Russian President Vladimir Putin had regarding moving Russian treasury funds into Bitcoin. A Troll Makes Russian Government Buy 250,000 BTC, Receiving 3M SPANK Tokens The fake news picked up a ton of traffic and excitement with community members expecting a massive push upwards in the price of Bitcoin. However, as the saying goes, if it’s too good to be true, it probably is. Last funny part of the story happened when Twitter whale watching account @WhaleWatch.io decided to have some fun with it and released a tweet related to a $8.75 billion whale move of 250,000 BTC. The whale move describes the transaction as 250,000 BTC going from the Russian Federation wallet, to Bittrex. It does not end there, the twitter account also added another whale watch transaction of 300,

a month ago

Cryptocurrency in Action: Gifto’s New E-Commerce Platform Live in Taiwan

CoinSpeaker Cryptocurrency in Action: Gifto’s New E-Commerce Platform Live in Taiwan Despite the name, cryptocurrencies are very difficult being used in common day-to-day transactions. A large part of the issue is a lack of adoption among major retailers due to price volatility and the lingering reputation of scam ICOs, but even if that were not the case, convoluted exchange gateways ensure buying something as simple as a stick of gum would require myriad steps and multiple online platforms if one were to use a cryptocurrency. In 2019, Gifto is out to change that narrative with launch of its E-Commerce platform where goods from the top Taiwanese brands can be purchased with just the press of a button. Anything from cheesecakes, tea, or gift cards from top Taiwanese brands such as Cheese Duke and Holiday KTV can now be purchased with Gifto (GTO) directly from the project’s innovative web wallet and website. There is never a need to visit an exchange, or set up a Coinbase account. As long as a user has access to their web wallet, then they have direct access to the store. The project is using its backing by Asia Innovations Group (AIG) in order to sidestep the convoluted exchange gateways that keep crypto out of the hands of the general market. By leveraging Uplive, AIG’s mobile live streaming product, Gifto is able to place its web wallet within the app and give 5 million Taiwanese Uplive users access to Gifto’s growing catalogue of E-Commerce offerings. Gifto is also looking to untangle the web of processes involved when purchasing cryptocurrencies by providing a direct fiat gateway to GTO with ACE exchange in Taiwan. The team behind Gifto is taking advantage of Taiwan’s crypto-friendly market and crypto-friendly regulations to increase access to the token, as well as drive its usage. Along with ACE, this initiative includes Gifto’s strategic partnership with the Asia Blockchain Accelerator (ABA) in Taiwan, first government backed blockchain accelerator in Asia. By working alongside the ABA, Gifto is helping to tokenize services in multiple industries and build projects that generate real economic value. With E-Commerce now in place, Gifto is building a network of value in Taiwan that it expects lead to mass adoption in 2019. Gifto is now in an elite class of tokens like Bitcoin, where real-world applicability has moved beyond the white paper and into the business of providing services for consumers. The market has responded enthusiastically to Gifto’s E-Commerce development, and Gifto’s profile has raised rapidly in trading volume and rankings. If 2018 was a warning that the crypto industry cannot be sustained on hype and speculation, then 2019 is the year that the industry must prove that behind all the noise is a revolutionary technology that can enable a more transparent, equitable, and fun exchange of value online. Projects like Gifto are leading the charge by providing cryptocurrencies that aren’t content to be passing curiosities, but are instead generating real economic value through tokenized services. Cryptocurrency in Action: Gifto’s New E-Commerce Platform Live in Taiwan

a month ago

Dogecoin Price Momentum Turns Positive Following new Exchange Listing

Although there is still a lot of uneasy market momentum in the cryptocurrency industry, it seems things are progressing nicely. In the case of the Dogecoin price, there is - finally - an uptrend in both BTC and USD value alike. This comes at a most opportune time for the altcoin, as it is widely considered to be somewhat of an overall market sentiment indicator. Dogecoin Price Shows Positive Movement While there is nothing wrong price stability in the cryptocurrency industry, it is pertinent to note some gains now and then. Throughout most of 2018 and the first two weeks of 2019, that latter aspect has been missing. Nearly all markets continue to suffer from bearish pressure, albeit no one really knows what triggers it exactly. Until that situation changes, no real price momentum can be expected. Even so, the Dogecoin price has undergone some peculiar changes over the past few hours. Despite facing a fair bit of market opposition, the world’s meme currency of the internet has gained 1.3% in both USD and BTC value. Because of these gains, the value per DOGE has risen to $0.00212, or 58 Satoshi. These nominal increases further provide price stability for this project, while it also keeps investors somewhat happy in the process. On social media, the same discussions regarding Dogecoin continue to show up. Unlike most altcoins, tokens, or assets, Dogecoin is the only project rivaling Bitcoin in terms of value sent across the network. Its daily charts are usually strong, yet it now seems the hourly statistics also tend to show Dogecoin is on the right track. A very impressive showcase for a “joke” currency. #Dogecoin is "sending" $21M hr., 2nd only to #Bitcoin. https://t.co/924UU0KSIt — mj (@silkmarketindex) January 17, 2019 It would also seem Dogecoin is listed on yet another cryptocurrency exchange. Although the name SubiDEX might not necessarily ring a bell for a lot of people, they are seemingly letting users trade in a DOGE/BTC pair. An interesting development, which can bring more exposure to this particular altcoin in the process. Always do your own research prior to moving funds to a new trading platform, though. SubiDEX Listing - Dogecoin We would like to announce the DOGE/BTC market is now open on SubiDEX. Please give their community a warm welcome!https://t.co/E72XOofSJZ @dogecoin #subi #dex #bitcoin #dogecoin #trading #decentralize pic.twitter.com/D95DWx86gp — SubiPlatform (@SubiPlatform) January 17, 2019 The cryptocurrency industry often needs a feel-good story. Crypto Strange provides exactly that. This user seemingly recovered an old Dogecoin wallet on mobile. It contains 4,000 DOGE, which isn’t necessarily all that much. However, it goes to show there may be a ton of missing Dogecoin wallets out there. People would do well to check their older [mobile] devices for any potential traces of cryptocurrencies. Just found 4000 #dogecoin on a wallet on my old phone. Some 2014 faucet claims I forgot about. Way more fun than finding a ten in an old jacket. — Crypto Strange (@cryptostrange) January 16, 2019 Albeit there isn’t that much Dogecoin market excitement right now, these small gains can be quite valuable in the long run. It is a welcome change of pace from all of the bearish pressure across all markets lately. While it may not signal a massive bull run, any small improvement will be appreciated. Retaking the 60 Satoshi level still remains difficult, but it is far from impossible. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Log in to use Ginger Limited mode Dogecoin × Log in to use Ginger Limited mode most outcomes × Image(s): Shutterstock.com The post Dogecoin Price Momentum Turns Positive Following new Exchange Listing appeared first on NullTX.

a month ago

Electroneum Price Stabilizes as Community Hopes for a $50bn Market Cap

Altcoin traders try to keep an eye on as many markets as possible. Cryptocurrency is about much more than just XRP, Bitcoin, and Ethereum. Electroneum is a successful project to date, even though its current price and market cap may tell a different story. Even so, the market is showing signs of a minor recovery following a few rough months. Electroneum Price Seeks Stability The year 2018 and early 2019 have been rather terrible for all cryptocurrencies, tokens, and digital assets. No market has sustained any real uptrend, although very few of them actually found any stability either. It now appears Electroneum is trying to do exactly that, and the efforts are seemingly paying off already. Over the past 24 hours, there hasn’t been any real Electronium price change. Although there is a 1.29% gain in ETN/BTC to bring the value back to 170 Satoshi, there is also a minor 0.35% drop in USD value. To date, one ETN is priced at $0.00618, with a potential push to $0.0065 on the horizon. Its overall trading volume, however, has dropped significantly. Under $150,000 in trades is not acceptable for any market in the market cap top 100. On social media, there is always a buzzing Electroneum community. More specifically, there is a fair bit of speculation regarding potential new partners for this project throughout 2019. While nothing has been confirmed at this point, most supporters believe it will be none other than Samsung. Other contenders include Vodafone UK and Virgin in Africa. For a mobile-oriented cryptocurrency, finding mobile partners will be an ongoing process. Who do you think @electeoneum will partner with this year (2019) .. @pahini2 @J5AliveUniverse @cechv2 @CryptoRichYT @Crypto4thepeeps @sasha35625 — chris_t (@manxcat74) January 12, 2019 It would appear some ETN supporters also expect this altcoin to be added to the upcoming Bakkt exchange in the not-so-distant future. That might be wishful thinking, although Electroneum’s KYC/AML compliance is certainly a factor to take into account. Additionally, they are making waves in the mobile industry, which seems to improve its overall market appeal on a growing scale. Even so, there are still a lot of unknown factors regarding Bakkt. @Bakkt what are your thoughts on adding #ETN #Electroneum the first KYC/AML coin it there with almost 3m users!They are #Gsma #MWC member and an advisor. -instant payment (patent pending-Gig economy site-Deals with Huge Mobile operators-Mobile miner-2 secret projects (mwc) — CryptoLady (@CryptoLadi) January 15, 2019 When it comes to price speculation, Electroneum members are never shy to put some bold predictions forward in this regard. Next to Moon remains confident ETN will hit $6 at some point in the future, although that would require a 100,000% increase in value. Although that is not necessarily impossible, it would also put its market cap at $50bn, which would be rather spectacular to behold. Come on @electroneum, you can definitely knock out the coins on you, but first change your price above $ 6, surely there will be many who will be fun for you #ETN $ETN https://t.co/5KttCJRPJq — Next to moon (@adc_vb) January 15, 2019 Based on the current Electroneum market circumstances, it would appear such a jump remains very unlikely. The first order of business remains finding some stability, after which traders and speculators can look toward the future. Until that happens, however, this status quo may very well remain in place for quite some time to come. It also shows how reliant Electroneum is on Bitcoin’s momentum prior to noting any gains of its own. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Log in to use Ginger Limited mode this attacking to be added to the upcoming Bakkt exchange × Image(s): Shutterstock.com The post Electroneum Price Stabilizes as Community Hopes for a $50bn Market Cap appeared first on NullTX.

a month ago

Bitcoin Price Analysis Jan.14: The Move is Here Following BTC Breakdown

As we stated yesterday, Bitcoin was waiting for the next major move, which came just hours after our analysis was published. We also noted that the chances of a breakdown are much higher than the ones of a breakup. The $3600 support level was broken sharply, in less than an hour, as BTC marking exactly $3480 as the daily low. The last is the support level we mentioned yesterday. From there, we’ve seen a slow positive correction: Yes - Bulls Walk Up the Stairs-Bears Jump Out the Window. Fun fact: Exactly 4 years ago, the bear market of 2014 had ended with this capitulation candle with a low of $152. Looking at the 1-day & 4-hour charts Following the breakdown of the $3600 level, the next support area is $3480 - $3500 (which is also the daily low). This is a crucial support zone. Breaking it down could send Bitcoin to re-test prior support at $3300, $3200 and the 2018 low of $3120. From the bull side, Bitcoin is expected to encounter a descending trend-line during the next hours (~$3550). The further target is the $3600 support turned resistance level, along with $3700 resistance (4-hour chart’s 200 days moving average line and 1-day’s 50 days moving average line). Some relief signs: We should watch the daily chart’s Stochastic RSI oscillator which is about to cross over at the oversold area. This could lead to a positive correction for the upcoming days. However, it hadn’t crossed yet. The Daily Chart: The RSI indicator broke down the support level at 43. It seems like this area will be tested again, from below, as resistance. Trading volume: this field proves how easy it is to move this market. The past two days had a low amount of volume. This might also be due to the weekend. BitFinex’s open short positions had a slight gain to 23.5K. BTC/USD BitStamp 4-Hour chart BTC/USD BitStamp 1-Day chart The post Bitcoin Price Analysis Jan.14: The Move is Here Following BTC Breakdown appeared first on CryptoPotato.

a month ago

Vlad Zamfir is joining a VC-backed startup racing to launch the Casper upgrade ahead of Ethereum

Vlad Zamfir, one of Ethereum’s lead researchers, is stepping back from the blockchain empire to collaborate with Casper Labs, an R&D startup building a “fully scalable blockchain”, The Block can confirm. Casper Labs will be an indirect competitor to Ethereum as it endeavours to deliver the much-anticipated Casper protocol upgrade. Zamfir was leading a popular version of Casper (CBC) at Ethereum, helping the network to rely on stake rather than computing power to achieve consensus, as well as addressing scalability issues. But while Ethereum’s deadline for the CBC upgrade is not for another few years, Casper Labs is focused on offering the upgrade as soon as possible - offering Zamfir a fresh, more focused platform. “Ethereum is a project that is already up and running. It’s always harder to upgrade like that; it’s like changing a car engine when it’s running, it’s a lot more complicated,” Casper Labs’ CEO, Mrinal Manohar, told The Block. “Vlad just wants the world to switch to proof of stake. He’s still very supportive of Ethereum because they’re working on Casper [the protocol]. But we have a dev team that’s solely focused on accelerating it.” Manohar said that Zamfir has so far signed an IP licensing agreement and a letter-of-intent with Casper Labs, while a final contract is pending. Casper Labs will be Zamfir’s main financer but he will not be an employee, the company said, and all of his research will remain fully open-source. “Casper Labs is making a multi-year, multi-million dollar commitment to continue to fund Zamfir’s research into CBC Casper,” the company said. “We are very supportive of any project using [Vlad’s work on Casper]. We will have a fully public GitHub and fully public research materials,” added Manohar. “We’re not trying to bootstrap the research. Obviously, we’re hoping to bring it to market first, but we’re not believers in exclusivity.” Manohar clarified that the Ethereum Foundation is not a direct investor in Casper Labs, but will continue to partially fund Zamfir’s work. Casper Labs The blockchain start-up, set to officially launch next month, has so far received verbal commitments of $20M in its ongoing Series A round, backed by top-funds like Galaxy and BlockTower. In addition, C-level executives have committed personal funds, including its chairman Scott Walker, who is also the President of DNA, a major crypto investment firm. “We’re burning 300k a month. We’ve spent a little over a million already. We’re all paying for it personally,” Manohar said. Although Casper Labs is up against time - and by extension, Ethereum - its founders say they want to contribute to the wider blockchain sphere. “There are research components that a lot of blockchains share in common,” Manohar said. Meanwhile, Walker added that he had invested in a wide range of projects as well as Casper Labs. “I believe the winning blockchain will have a value in the hundreds of billions of dollars. We have no idea what the winning blockchain [or protocol] is...I love Ethereum, I love Bitcoin. I’ve made additional investments in literally a dozen other protocols [including EOS]. But I’ve always believed in Vlad, and I’m hoping to help Casper Labs as much as I can,” he said. Vlad Zamfir Zamfir first discovered Ethereum in early 2014. He attended various meetups alongside core developers like Vitalik Buterin and Charles Hoskinson. They subsequently invited Zamfir to join the Ethereum Foundation’s development team in April of that year during its inaugural intake, alongside co-founders Vitalik and Gavin Wood. While initially skeptical of proof-of-stake (PoS) as a consensus algorithm, Zamfir eventually adopted the idea after speaking with Ethan Buchman, an Ethereum developer at the time, one evening. “I connected the dots and internalized the power of security deposits for proof-of-stake. This was the night that I became convinced that PoS would work, and that making it work would be a huge amount of fun,” Zamfir wrote in a Medium post. Zamfir proposed the Casper upgrade in August 2015, foreseeing a proof-of-stake implementation that would “allow for faster block times than is possible with proof-of-work consensus.” He is known as an opensource purist, with his Ethereum IP publicly available. The move to Casper Labs could mean he focuses less on formalizing Ethereum’s governance process and more on boosting its security. Zamfir is also rumoured to be resigning from the board at RChain, which The Block reported to have fallen into financial difficulties last month. Zamfir could not be reached for comment. The post Vlad Zamfir is joining a VC-backed startup racing to launch the Casper upgrade ahead of Ethereum appeared first on The Block.

a month ago

The Most Popular Tron (TRX) dApps In 2019

The Tron ecosystem ended 2018 on a high. In the course of the year, Tron unveiled it Testnet and Mainnet platforms. By the close of the year, Tron witnessed the number of dApps surge to 83. Additionally, the number of active accounts under the network moved past the 1 million marks globally. Tron is now gaining popularity due to a series of lined up projects. The upward growth trend of dApps under Tron has continued in 2019. In the first week of the year, Tron has managed to add 20 new dApps. Despite Tron being a young platform, it’s top dApps have surpassed Ethereum’s in usage. Many are easy to build and access. Most of the dApps under Tron are gambling focused. Based on metrics like users, volume, transactions and many more, here are the hottest Tron dApps in 2019. TRONbet TRONbet caused a buzz among gaming enthusiasts when it was launched in October 2018. The Tron Foundation project managed to register 10, 000 plays on the first day. The platform was faced with a number of issues such as transparency and security. However, going into 2019, TRON bet is set to continue thriving as developers have managed to fix all challenges encountered. In the first week of 2019, TRONbet registered a high of 2,510 users while the highest trading volume stood at 541.98 Million TRX. With Tron’s prospects looking good, TRONbet is expected to continue thriving. TRONdice TRONdice is one of the most famous dApps on the Tron network. With over 1,000 active users daily and more than 50,000 transactions per day - this dApp allows you to play a provably fair game of dice. The thing that makes TRONdice special is the fact that it offers dividends for staking their own dice token. The dividends however are paid in TRX and are distributed 24 hours after the 00:00 UTC daily snapshot. By staking 100,000 dice, you can actually have a return of 2.568 TRX.The TRONdice platform puts 70% of their profit in the dividend pool for its players.Moreover, the players that wager the most TRX daily can win TRX rewards. The first place will be rewarded with 10,000 TRX, the second with 5,000 TRX and the third with 2,000 TRX. A total of 20 places are awarded. More than $500 worth of tron are offered daily for the TRON dice players. Trontrade It is the fourth project under the TRON MainNet developed by BitGuild. TronTrade is decentralized trading platform. This dApp launched in 2019 is regarded as a masterpiece for the Tron ecosystem. It allows users to easily buy and sell TRC10 and TRC20 cryptocurrencies. The platform has a single ANTE exchange pair with the trading volume has reached eight million TRX already. TronTrade has great potential, getting a comparison with platforms like GOC and trx.market. The high transaction volumes might be due to the ANTE trading event that rewards users with one million TRX. The event is still ongoing and set to bring more users on board. ALLBET It is an innovative decentralized application game. ALLBET seeks to create a guessing service ecosystem that is fair and verifiable across different platform. It seeks to solve challenges with common gambling games by utilizing the mainstream public-chain network such as TRON, EOS and Ethereum. ALLBET has excited gamblers with what it promises to offer. This platform wants to bring sanity by solving common challenges such as security and convenience. At the moment, ALLBET has 1,019 total users. Transaction amount currently stands at 76, 219. Since inception, it has managed a total of 2,007,320.73 TRX in trading volume. TronFun TonFun is a decentralized application based on the Tron network. It provides users with various games. The games are able to remit dividends to fun holders. What makes TronFun stand out is the plan to release ongoing games weekly. The games benefit both users and players. Right now, there are over 1,000 active users and a trading volume of over 750,000 TRX per day . TronFun allows you to stake the FUN token, but they don’t offer too many information about it. This is a new project so for more details you can join their telegram. TRX Market It is one of the decentralized exchange platform developed on the Tron Network. Its operations are based on safety and transparency. Going into 2019, the exchange platform is set to gain popularity as many people want to be in control.The platform is committed to being a big player among decentralized exchanges worldwide. TRX Market records an average of 800 active users in a span of 24 hours. Within the same period, TRX Market averagely records a trading volume of 12.5 Million TRX with the number of transactions standing at 6,200. The platform is clean and easy to use. Eight certain tokens created on TRX can be traded on TRx Market: ANTE, PLAY, REY, DICE, TWJ, FUN, BET, WIN. 888 TRON 888 TRON is another gambling platform built on the TRON network. Developers want to change the gambling scene by allowing users to be co-owners. This is a promise of high profitability for any interested par

a month ago

A recap of LOOM Network

I originally posted this on r/ethtrader under a thread asking about favorite Ethereum-based projects (here: [https://www.reddit.com/r/ethtrader/comments/af5wh8/what\_are\_some\_of\_your\_favorite\_ethereum\_based/](https://www.reddit.com/r/ethtrader/comments/af5wh8/what_are_some_of_your_favorite_ethereum_based/)) My comments got a bit long, and I figured it might be useful to repost them (compiled) in case people come by this sub wanting to learn more about LOOM. So here's my answer to why LOOM is my favorite Ethereum project: \--- **LOOM Network**. And here's why: **One** \- LOOM addresses **scalability**: EOS \*almost\* worked - with dPoS you can indeed scale. However this comes at the cost of decentralization. 21 block producers can work, but not at the base layer. What if you could get the benefits of decentralization of Ethereum, but also the scalability of EOS: Enter LOOM. LOOM lets you build layer 2 blockchains that are setup on a dPoS consensus mechanism. This is valuable since not everything needs the absolute security of Ethereum. For example, if you're playing a game on the blockchain, do you need to store every single move on Ethereum. Or would it be better to push updates once in a while? You can now run dApps with thousands of users on LOOM, without overloading the Ethereum network. Oh and did I mention that dApp developers pay the cost for dApps, thus making for a much better user experience. I mean, I imagine most users wouldn't enjoy having to pay gas every time they send a tweet. **Two** \- **gaming**. Some people here already mentioned gaming as THE thing that'll bring blockchain to the mainstream. I agree, and so does LOOM. In that sense it's similar to Enjin or Gods Unchained. In fact, LOOM has worked on an extended ERC721 standard called ERC721x, so similar to ENJIN's ERC-1155 standard and similar to Gods Unchained, is building a trade-able card game called Zombie Battleground. Zombie Battleground has been impressive so far - heavy focus on making it free to play and most importantly making it such that people don't even know it runs on blockchain. The idea is to use ZB as a fun way to introduce people to blockchain by allowing them to buy/sell their cards on the marketplace etc. But there's more, Axie Infinity, Cryptowars, Coins and Steel are all building using LOOM. **Third** \- the LOOM sidechains can be used not just for gaming, but all types of applications that need high throughput. For example. global supply chain and logistics has been given shout-outs in ethtrader. It's probably the other big blockchain application at the moment. And once again, LOOM shines here, with **ShipChain, a shipping logistics blockchain startup, building on top of LOOM** **Fourth** \- **Plasma**. You guys remember the hype about OMG and how it was going to bring Plasma to Ethereum. Well, if sidechains, gaming and supply chain using blockchain weren't enough, LOOM also has Plasma covered - being the first team to actually have Plasma Cash. The best part - LOOM wasn't even initially looking into Plasma, but was asked by Vitalik if they could work on it as a method to transfer tokens from the mainnet to LOOM sidechains. That's how good LOOM is - they're ahead of the game with Plasma and it's not even their main focus. **Fifth** \- contributing to the Ethereum ecosystem. LOOM has a **wonderful Solidity coding academy** called CryptoZombies. It's a great way to get your feet wet with coding smart contracts and it's just one of many ways LOOM is contributing to the larger Ethereum ecosystem. So to recap: * Scalability * Games * Shipping/logistics * Plasma * Coding Academy EDIT: Bonus is their epic Medium: [https://medium.com/loom-network](https://medium.com/loom-network) \--- they post updates about once a week, every Friday - with cute Zombie graphics to boot. \--- When asked if LOOM really has Plasma: \--- Actually, they are. Here's some information: Their github repository on Plasma Cash: [https://github.com/loomnetwork/plasma-cash](https://github.com/loomnetwork/plasma-cash) Their Medium posts on Plasma:[https://medium.com/loom-network/practical-plasma-volume-i-gaming-9cfd3f971734](https://medium.com/loom-network/practical-plasma-volume-i-gaming-9cfd3f971734)[https://medium.com/loom-network/loom-network-plasma-5e86caaadef2](https://medium.com/loom-network/loom-network-plasma-5e86caaadef2)[https://medium.com/loom-network/plasma-cash-initial-release-plasma-backed-nfts-now-available-on-loom-network-sidechains-37976d0cfccd](https://medium.com/loom-network/plasma-cash-initial-release-plasma-backed-nfts-now-available-on-loom-network-sidechains-37976d0cfccd) A video of their CEO talking about LOOM Plasma at DevCon:[https://slideslive.com/38911967/practical-plasma-gaming](https://slideslive.com/38911967/practical-plasma-gaming) Vitalik tweeted about LOOM and Plasma: [https://twitter.com/vitalikbuterin/status/984651585476116480?s=21](https://twitter.com/vitalikbuterin/status/984651585

a month ago

Loving PiePie

To counteract some of the negativity flooding this subreddit. PiePie is a fun, innovative app. The rebranding was on-point. This inaugural app creates an actual functioning use case for Mithril, itself a rarity in the early days of Cryptodom. Social Mining is a neat concept, not that different in concept to the faucet style distribution done via Nano in its infancy days. If less decentralised. I’ve been using Lit/PiePie close to daily for 6 months now and have been impressed by the developers’ frequent updates + increasingly genuine content being posted by users. Smart moves are being made behind the scenes - even if that hasn’t been reflected in price and no one seems to be commenting on this. I do hope to see more transparency surrounding how Mithril is distributed in relation to content produced & interacted with, especially to do with reward levels relative to staking (and how much is allocated to PiePie v possible other ventures) - but of all the cryptos I’m invested in, this is one I’m keeping an especially very close eye on. A quick suggestion on the above point to the developers too: Transparency around reward levels to do with staking will almost definitely result in more staking by users (which is +EV for price and so be beneficial for everybody) as people like to know where they stand with their $. Only reasonable I think. Keep up the good work anyway, Mithril team — and if anyone likes cats as much as I do, shameless plug for my account - @kittens Keen to follow new accounts myself and improve my feed. So pls share yours with me, I’ll check yours out and let’s get this ecosystem going :-) Also an offer to the dev team, I have several other suggestions, especially UX wise, and so if you’d like some unsoliticed advice, which you’re of course welcome to take or leave, shoot me a PM and I’ll happily provide you with what I can. Happy PiePie-ing everybody!

a month ago

XAYA Makes Fun of a New ‘Civilization-like’ Blockchain Game Developed on the Unreal Engine

XAYA, a blockchain game development studio recently made fun of a new game that it has dubbed ‘Project X’ for the time being. The firm notes that the game would introduce vast strategy gameplay to the blockchain. According to a recent announcement, XAYA’s developers are currently working on Project X on the Unreal Engine, a Fortnite’s Epic Games-developed game engine. Per XAYA, Project X integrates Civilization, EVE Online, Dune 2, and Huntercoin. (VK)

a month ago

Red Packet is a new interactive fun way to send cryptocurren...

Red Packet is a new interactive fun way to send cryptocurrencies to your friends&family across social platforms, Wh… https://t.co/mS1e17blXm

a month ago

It was a pleasure to host Temple University students at Quan...

It was a pleasure to host Temple University students at Quantstamp. Our team had a lot of fun talking and teaching… https://t.co/fkCbV2Rb7z

a month ago

Petchains Introducing “Social Mining” to Improve Community Ecology Mining

CoinSpeaker Petchains Introducing “Social Mining” to Improve Community Ecology Mining The term ‘Cryptocurrency’ has been gathering limelight ever since the dawn of the Blockchain technology. The concept of decentralization interpreted by the technology has stirred a welcome change in the realms of organizational and marketing structures. Beside the quality of being virtual, the process of mining associated with the currency is what sets cryptocurrency apart from its traditional tangible counterpart. Mining is imperative to a cryptocurrency. Blockchain essentially refers to a public ledger which is a record of every transaction that is processed in a specific cryptocurrency. As the transactions assemble into blocks, their legitimacy is verified at network nodes by entities commonly known as crypto miners. In return for their services, miners are paid part of the cryptocurrency as fees by vendors and merchants of the respective transactions. However, mining comes with its own drawbacks. Cryptocurrencies tend to accompany multiple risks of depreciation, fraudulence and more. The mining methods traditionally used in various blockchain platforms, including the most widespread cryptocurrency, bitcoin, are generally a waste of energy and equipment expenditure, with very little practical effect. The global pan-pet market information management system and trading platform, Petchains, attempts to overcome these limitations of mining by converting it into one with low consumption; which can positively promote community development and improvement. The innovative platform, aimed at creating a digitalized sphere for pet owners fun together with their pets in the vicinity, has coined the term ‘social mining’ for mining operations that would effortlessly be carried out over the petchains ecosystem. The Petchains Dapp is based on the ‘social networking in mining’ model that allows users active social behavior like uploading of videos giving thumbs-ups for posts and commenting on the same. These activities entitle the users to token incentives which necessarily is the concept of mining. Upto 90 percent of the advertisement fees paid by pet food & treats brands and interactive pet toy brands to the platform are to be distributed as token incentives to users who have been active on the platform through their social behavior. The social mining approach is a subtle shift from the redundant to the rudimentary. The initiative promotes not just trust and reliability on the platform but also creates a whole new community dwelling on a deliberately designed pet biosphere. Petchains Introducing “Social Mining” to Improve Community Ecology Mining

a month ago

Q&A Announcement - FunFair CCO Stefan Kovach will be hos...

Q&A Announcement - FunFair CCO Stefan Kovach will be hosting a live Q&A on our Discord server this Thursday (3-4pm… https://t.co/4Z8lFQkG75

a month ago

CEO of MyEtherPony Collectibles DApp Believes Gaming Can Trigger Massive Crypto Adoption (Interview)

We have seen a plethora of different applications built on a blockchain until now, and gaming is no exception. The tamperproof nature of blockchain technology has allowed developers to create trustless, decentralized games, which eliminates the need for third-party intermediaries. So far, we have seen numerous blockchain-based games, spanning from traditional gambling games to trading rare digital collectibles. MyEtherPony is a digital collectibles game built on the Ethereum blockchain, on which users can breed their favorite digital pony to compete against others. Its team has just launched a new marketplace to enable users to buy or sell unique ponies in a bidding process similar to eBay. Amir Irwan, CEO of MyEtherPony This week we host Amir Irwan, CEO of MyEtherPony, a strong supporter of Bitcoin’s underlying technology who believes that blockchain is here to stay. He gives his personal advice to new crypto-entrepreneurs and hopes that MyEtherPony will contribute its part towards the mainstream adoption of blockchain technology. [blokt]: What is your opinion about the future of blockchain? Amir Irwan: Blockchain is here to stay, no doubt about it from my point of view. A decentralized environment with no single point of failure as well as distributing the cost of operation has been the main goal of many system designs and blockchain provides that solution. Most importantly, the trustless nature of it removes the need for a costly 3rd party validator while rewarding the participants at the same time. [blokt]: What solution do you think would work for the scalability issue of blockchain? Amir Irwan: Blockchain is essentially a huge database. We can take a cue at the evolution of database technology in general over the decades and see how it can be used to improve blockchain. The term sharding, for example, made popular in crypto world by Ethereum is not something new in database technology. Obviously, applying the tech to blockchain is not as straightforward as its implementation using Oracle or MYSQL. The way we see it is, not everything has to go through blockchain for every single data that comes through for a particular use case. At MyEtherPony, we utilized both on-chain and off-chain transactions especially in our eBay like auction system. The most important thing to us is, to leverage on Blockchain to provide the security and trust while ensuring the performance is as optimum as it can be for our application. [blokt]: Do you think the consensus mechanisms used in Blockchain are fair? Amir Irwan: Blockchain is still at its infancy. I think the developers working on them are aware of certain areas of improvements and looking at ways to mitigate them and introduce new mechanisms. The implementations would need to take into considerations many factors (time, cost, benefit, impact etc.) The space will evolve for sure. I am not in the position to comment much as it is not something we are looking into yet at the moment, perhaps one day if we decide to build our own Blockchain. [blokt]: What would trigger massive adoption of blockchain technology? Amir Irwan: Adopting blockchain technology on the backend does not require the users to have any knowledge of it. But I think you are referring to massive adoption at user’s level rather than just the back office. I think games industry can trigger this massive consumer adoption. The market size of the games industry is more than USD100 billion yearly with millions of users, and these users are mostly tech-savvy. It is an open secret amongst game developers that many technologies within games have been applied outside of its own industry. Furthermore, game developers have always been looking at ways to make their games more user-friendly and intuitive to increase their own user base. It would be interesting to see how game developers take this challenge of making crypto and blockchain a mainstream technology. At MyEtherPony, we are taking this challenge seriously, and we are looking at ways at making the user experience better especially to those who are not familiar with crypto/blockchain. Hopefully, we would be contributing our part to the introduction of blockchain technology and educating the masses in a simple way as possible. [blokt]: What do you think about the future of Bitcoin? Amir Irwan: Bitcoin and the rest of altcoins seemed to be playing musical chairs in the past couple of years. With the introduction of stable coins, this has changed somewhat. I am not too sure if storage of value function of digital currency can play the role of utility very well at the same time. This means, increasing Bitcoin adoption across the board, may not necessarily be a good thing for Bitcoin or may not even make sense. (We don’t use gold as currency in our daily life, but the value of fiat currencies are backed by gold, in theory at least). Having said that, I think Bitcoin will continue to be the poster child of digital currency, but for how long, how valuable it will

a month ago

SOMESING - Listen, Sing and Get Rewarded

Karaoke, which was once popular only in Japan, owing to digitalization, has now become one of the most fun-filled activities for music lovers across the globe. Karaoke is basically an entertainment form in which users can create covers of popular songs over a pre-recorded backing track. Presently, there are various karaoke applications that allow users to enjoy singing and recording tracks on their smartphones or PCs. The popularity of this activity has grown significantly and today, there are around 500 Million Karaoke users across the globe. What The Existing Karaoke System Lacks? The existing karaoke system offers limited services to its users to enjoy and create music. Users have to pay monthly fees to enjoy more services. Typically, the fees collected from the users is the primary source that facilitates operation and promotion of these applications. Moreover, the fact that users don’t receive any economic benefits from their contributions is another hurdle that needs to be addressed promptly. SOMESING - Revolutionizing Karaoke Platform SOMESING is a unique music service platform built on blockchain technology that has revolutionized the karaoke system. It is a user-centric platform that offers music lovers around the world a fair compensation system, allowing them to obtain rewards and profits for recreating their favourite music within the system. Users of this platform will be rewarded in SOMESING tokens (SSX). The platform plans to launch its ICO on 11th February 2019, 10:00 am (KST), wherein it will offer 10 Billion SSX tokens. Easy, Fun, and Rewarding SOMESING offers its users an extensive list of popular songs to choose from and recreate music free of cost. Once users post their song on the platform, SOMESING automatically generates a song wallet. This wallet collects coins in various forms including gifts, supports, and events. The collected coins are stored for a determined time duration, after which the tokens are distributed amongst the users fairly through smart contract based on their contributions. Providing A Fair Compensation System A majority of Karaoke platforms that offer compensations to its users operate on a centralized system. One of the critical challenges associated with a centralized system is that there is a large number of intervening variables that lead to a lack of transparency and reliability. SOMESING has integrated blockchain and smart contract technology to eliminate the aforementioned setbacks and offered users a transparent and fair compensation system. Create High-Quality Music SOMESING has incorporated top-notch technologies to help users create high-quality music and earn better rewards. Following are the technological benefits associated with the platform: Sync and Sound Adjust the songs note base key to user’s voice Adjust voice input and audio latency control Control Accompaniment (MR) volume to align with user’s voice Effect contract functions such as echo, reverb, room size, etc. Duet Personal edit function for each song segment Mimic function for edited parts Switch function for male/female sections Various function to create duet content Conserves edit resources while offering new music Video Maximized MCN function SOMESING - Sing and Earn Money SOMESING is a unique social music platform that is built on blockchain technology and reinforced by smart contract. The platform enables users to listen, recreate their favourite song and earn financial rewards based on their contributions. It envisions to encourage music lovers to showcase their talent on a global level and get substantial rewards in return. Learn more about Somesing on http://somesing.io/ Facebook : https://www.facebook.com/somesinglovers Twitter : https://twitter.com/somesinglovers Instagram : https://www.instagram.com/somesinglovers/ Telegram : https://t.me/somesinglovers The post SOMESING - Listen, Sing and Get Rewarded appeared first on ZyCrypto.

a month ago

Bitcoin Birthday Was Less Bubble, More Burst

Bitcoin has just commemorated the 10th anniversary of its genesis block, but the party was fairly quiet. While some traders hoped for (or feared) a sudden change, markets remained mild, and efforts to organize a run on the exchanges went largely unnoticed. For some smaller projects, the anniversary was a chance to give their own projects a bit of limelight. Several projects, notable Beam and Rootstock, made a point of launching on January 3rd, thereby making themselves part of the celebration. DX.Exchange, a new digital marketplace, used the occasion to announce the first digital stock tokens, to launch next week. Muttered Congratulations The anniversary prompted grudging recognition, even from media sources that have been traditionally critical of the world of digital assets. “Happy 10th birthday, bitcoin,” wrote The Guardian, followed by the most backhanded compliment of the year so far: “It’s amazing you still exist.” Even Bloomberg - no friend to crypto traders- preceded the anniversary with an unusually favorable outlook: “Crypto Technicals Flashing ‘Buy’ as Digital Diehards Begin Anew.” The Times 3/Jan/2019: Happy Birthday Bitcoin The most visible celebration was in The Times of London, where readers were greeted with a front-page ad, courtesy of the BitMex exchange. The Times was an appropriate choice for the ad, given the paper’s unique importance in the history of Bitcoin. A Times headline was incorporated into the Genesis Block, serving dual purpose as a timestamp and an indictment of the financial system. Since then, exchanges have taken the role of banks in the world of cryptocurrency, with many users relying on them for safe custody. Several leading exchanges have been accused of playing fractional reserve games with customers’ deposits; in some cases, like the MtGox insolvency, these suspicions have been confirmed. Proof of Keys These fears prompted the “Proof of Keys” movement, orchestrated by the self-described “Hodlers of Last Resort.” As Crypto Briefing previously reported, the goals were twofold—first, to execute a “stress test” on custodial services, and second, to call more attention to issues like wallet safety and secure storage. So far, it looks like Binance has passed the test. Changpeng Zhao, the CEO of the busiest crypto exchange, assured users in a tweet that their funds are safe thanks to a secure asset fund for users, or SAFU. It’s a fund that Binance set up in mid-2017 that earmarks a percentage of trader fees and directs them into a fund and stores the assets in a separate cold wallet. why am I reading this "productive" thread? and how did Binance gets dragged into this? Anyways, XRP (and all other) withdraws are working. Ironically, we had more deposits than withdraws today. Funds are #SAFU. — CZ Binance (@cz_binance) January 3, 2019 Not every exchange fared so well. While there’s no proof that the following incidents are a result of the Proof-of-Keys event, the timing is certainly a strong coincidence. The crypto community had a little too much fun with issues on the Bitfinex exchange. Bitfinex revealed that its platform was having “issues” but was quick to say that “funds are safe.” The announcement on Twitter was met with some creative replies, ranging from cat memes to a bit of panic. pic.twitter.com/oBi02TETXG — Crypto Charts (@crypt0charts) January 3, 2019 All fears were allayed when Bitfinex went back online after what turned out to be “an issue with the order gateways during an upgrade.” Another exchange whose performance was questioned on Proof-of-Keys day was Poloniex. One user complained of being forced to “jump through hoops” to make a transfer this week, leading to delays. Other failures, according to the architect of the movement Trace Mayer, include HitBTC for freezing accounts, Purse.io and Coinbase. Happy birthday #Bitcoin! 10 years & crazy magic Internet money experiment still going stronger than ever.#ProofOfKeys is slightly impacting the network. But fees have not gone crazy. No CTO heart attacks. No CFO suicides. World has not ended. Next year will be even bigger! 👍 pic.twitter.com/AkUsCV22al — Trace Mayer [Jan/3➞₿🔑∎] (@TraceMayer) January 3, 2019 Perhaps the exchanges that fared the best yesterday, in addition to Binance, were decentralized exchanges. That’s because DEXs are not custodians of crypto assets and therefore traders are in control of their own private keys and assets. Non-custodial crypto exchange IDEX cheered the Proof-of-Keys movement but also observed some of the risks, saying in a blog post: While we admittedly have some reservations given the possible technical difficulties of a mass coordinated transfer event like this, we very much support users taking the time on a regular basis to verify that they can withdraw their digital assets from centralized exchanges and take actual possession by controlling the private keys to those funds. Hold onto your hats, because proof-of-keys is now expected to be an annual

a month ago


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