Loom Network LOOM

$0.0669
Market Cap $ 51.083 MM (#90)
24h Volume $ 1.115 MM
Chg. 24h: -1.80%
Algo. score 3.5/5  (#187)
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Loom Network News

Loom Network Adds the Top-100 ERC-20 Tokens as Payment Options for PlasmaChain dApps

Earlier this week, the Loom Network (LOOM), a blockchain ecosystem for games and social applications, unveiled that it had added Binance Coin (BNB) as a payment method for PlasmaChain dApps. This announcement saw BNB surge significantly and just before the effect died down, LOOM announced that it had begun supporting all top-100 ERC-20 tokens on CoinMarketCap on PlasmaChain. The list includes six of the leading stablecoins. They are USDC, TUSD, DAI, PAX, GUSD, and EURS. This integration would increase the utility of the above stablecoins, giving them the potential to disrupt online payments. (KE)

2 days ago

@CryptoDuck9 @coinbase @TrustToken @MakerDAO @PaxosStandard ...

@CryptoDuck9 @coinbase @TrustToken @MakerDAO @PaxosStandard @Gemini @stasisnet The LOOM token is a staking token us… https://t.co/BZbEL13yib

3 days ago

We are now up to over 95 million LOOM staked. That's 9.5% o...

We are now up to over 95 million LOOM staked. That's 9.5% of the TOTAL supply, and over 14% of circulating — only… https://t.co/FsZ4Y6qiJz

3 days ago

Loom Network's Gaming Apps to Start Accepting Binance Coin

Loom Network (LOOM) has unveiled that it will be supporting Binance Coin (BNB) as a payment method. According to the blockchain-based ecosystem developing social media and online games app, various applications on its PlasmaChain will start accepting BNB token payments. This listing will also allow the development of dApps on LOOM to go beyond the traditional payment methods and the Ethereum (ETH) network. To jubilate it's teaming up with Binance, LOOM developers have a offered a limited time opportunity to users allowing them to buy collectibles Binance-themed Zombie Battleground (ZB) card packs for them to get a chance of winning $10,000 in BNB prizes. (VK)

4 days ago

Binance Coin (BNB) to Be Accepted on Loom Network's Gaming Apps

Loom Network (LOOM), a blockchain-based ecosystem for developing online games and social media apps, has announced that it will be supporting Binance Coin (BNB) as a payment method. According to Loom Network’s management, the BNB token will be accepted as payment across various applications on its PlasmaChain platform.

4 days ago

Users can now pay in Dai on the @loomnetwork marketplace and...

Users can now pay in Dai on the @loomnetwork marketplace and any dapps building on Loom get Dai as an available pay… https://t.co/ga1iMZwZCw

4 days ago

@TronMike83 @Tronfoundation @justinsuntron Awesome! @ZBCard...

@TronMike83 @Tronfoundation @justinsuntron Awesome! @ZBCardGame actually runs on Loom GameChain & #PlasmaChain, no… https://t.co/0Csa5HLfpf

6 days ago

@crypt0malta Yes, they're implemented as ERC721x tokens on L...

@crypt0malta Yes, they're implemented as ERC721x tokens on Loom PlasmaChain (an Ethereum sidechain). So you'll be… https://t.co/xuBUQZM3cO

6 days ago

Happy Friday! We are now just shy of 80M LOOM staked on #Pl...

Happy Friday! We are now just shy of 80M LOOM staked on #PlasmaChain. That's around 12% of the circulating supply… https://t.co/PSA6BdGnN7

10 days ago

Since we've enabled Ledger support, the amount of LOOM stake...

Since we've enabled Ledger support, the amount of LOOM staked on PlasmaChain has more than doubled in the past week… https://t.co/Dk7lR79NJL

13 days ago

Daily Berminal Brief: Total Market Cap Declines By $3 Billion

The bear market blues continue for the crypto market as Monday saw red across much of the board with the total market cap declining by $3 billion. The price of Bitcoin has seen a decrease of 1.72% and currently trades at $3,759, while Ethereum has declined by 2.01% and is presently trading at a price of $127.45. Out of the top 100 coins, some have managed to have a positive day, with Loom Network (LOOM) performing the best over the past 24-hours, currently up 10.88% and trading at a price of $0.061723. (JF)

14 days ago

@BitcoinNepal @trent_vanepps @defipulse That's an old web pa...

@BitcoinNepal @trent_vanepps @defipulse That's an old web page. The LOOM token is meant for staking — here's how… https://t.co/UpP7Ag770R

17 days ago

@Sanarwanto It's hard to measure because Loom Network doesn'...

@Sanarwanto It's hard to measure because Loom Network doesn't have a single chain — a lot of DApps are running thei… https://t.co/ha1WFxZI3S

25 days ago

Loom Network (LOOM) Launches PlasmaChain Staking

Loom Network (LOOM), a blockchain ecosystem for games and social apps, announced Tuesday that LOOM holders may now become delegators and stake their tokens on the PlasmaChain, a high-performance DPoS sidechain that acts as a bridge between multiple chains and Ethereum. Loom PlasmaChain staking is officially live! Learn how to stake your LOOM and help secure

a month ago

24 hours since our staking announcement, and so far 5.83% of...

24 hours since our staking announcement, and so far 5.83% of the circulating supply of LOOM has been staked. Aweso… https://t.co/p5A40YAPhe

a month ago

$2.47 million in cryptocurrency stolen from Turkish firm by hackers communicating through PUBG

Cryptocurrency networks are often exposed to the threat of thefts that loom over the network’s security. It is for this reason that such networks and firms spend a significant amount of capital to fix the critical vulnerabilities and improve the protection quotient. A Turkish firm failed this test after a group of cyber criminals pulled off an online heist on a domestic cryptocurrency company. The group of alleged hackers has been detained by the local authorities and according to reports, the hackers used the highly popular game PUBG as a medium of communication prior to the cryptocurrency theft. The Turkish company which has fallen to the vicious attack of the virtual hackers is an Istanbul-based cryptocurrency firm. According to the Daily Sabah, a local news publication, the identity of the firm has not been disclosed, however, it has been suggested that the firm provides digital currency trading platforms. A reported $2.47 million was stolen in the hack. The police authorities have suspended 24 members involved in the felony, following a nationwide investigation across eight of Turkey’s provinces. However, police raids could only recover $256,000 of the stolen $2.47 million. The authorities had been informed about the hack by the cooperation itself. In its primary report, it stated that a large amount of Bitcoin, Ethereum, and XRP had been stolen. However, the Istanbul Cybercrime Branch Officer later clarified that not one, but two firms’ cryptocurrencies were compromised, amounting to a total of 13 million lira. The funds were transferred from the company wallets to the digital wallets controlled by the hackers. The official police report has also confirmed that the felons had been communicating with each other using the popular battle royale video game called Player Unknown’s Battlegrounds, or popularly known as PUBG. The incident, which highlights yet another case of a firm’s compromised security, has raised a lot of questions and reactions. A Redditor, bitcoin_master, commented: “It is safest for one to protect their Bitcoin and other digital assets by taking responsibility for securing their own financial capital and keep a check of their own private key.” The post $2.47 million in cryptocurrency stolen from Turkish firm by hackers communicating through PUBG appeared first on AMBCrypto.

a month ago

Loom 2.0 Release 789 - Feb 12th Major updates for Performan...

Loom 2.0 Release 789 - Feb 12th Major updates for Performance, Caching, and DPoS 🤘 * DPoSV2 staking and full rewa… https://t.co/KUk0oj8yFU

a month ago

If you missed it back in November, Binance presented quite a...

If you missed it back in November, Binance presented quite a comprehensive report on Loom — who we are, what were u… https://t.co/PQtztN6Aik

a month ago

I made a distributed social network using a loom dAppchain and ipfs!

Hey guys, i want to show you a little project i made the last couple of months: Prattle Network! It's a social network which stores the content entirely on the users devices and cannot be censored. For this, an ipfs fullnode is spawned in the browser which stores all the content you post or others content you see in your browsers localstorage. The ipfs hashes are then stored on a loom network sidechain where everyone can see them. To register you only need a username and an optional profile picture and you are good to go! The account itself is just the private key which gets stored in the localstorage, that you can also export/import to other browsers. https://prattle.tk Feel free to extensively use it and search for bugs! ;) Any input is welcome and i hope you like it!

a month ago

Latest video tutorial from @what_the_func covers using the L...

Latest video tutorial from @what_the_func covers using the Loom Transfer Gateway. Learn how to transfer ERC20 and… https://t.co/36gYI8DR5j

a month ago

@FigoFinozeros @cyber_hokie @cyounessi1 @RyanSAdams You can ...

@FigoFinozeros @cyber_hokie @cyounessi1 @RyanSAdams You can run smart contracts on Loom, we're using sidechains to… https://t.co/MkAO1xuVev

2 months ago

Vitalik Buterin Named Among the Speakers at Stanford Blockchain Conference 2019

The Stanford Blockchain Conference 2019 is scheduled to unfold Jan. 30 - Feb. 1 at Stanford University. The themes of this year’s conference include Grin, which is an implementation of the Mimblewimble protocol for privacy and scalability, Plasma construction with a speaker from Loom Network, decentralized exchanges, and more. Blockchain pioneer Vitalik Buterin is named among the featured speakers alongside the Ethereum Foundation’s Vlad Zamfir to discuss the Casper protocol as well as "Ethereum 2.0 and beyond.” 2019 marks the third straight year that Stanford is hosting the blockchain series, which was previously known as BPASE. (GT)

2 months ago

Crypto Market Wrap: $5 Billion Dumped to Bottom of Trading Range

Market Wrap Crypto markets dump to bottom of trading range, Ethereum, Bitcoin Cash and Litecoin suffering, TenX still climbing. Following almost a week of inactivity crypto markets have started to dump again. A break through support zones for several of the major crypto assets has resulted in total market capitalization plunging back below $120 billion again for the fourth time since the end of November. Bitcoin has failed to hold above $3,700 and dumped almost 4% to an intraday low of $3,585. It is currently clinging on to support at $3,600 but is looking bearish at the moment and further losses could be imminent. As usual the rest of the market has followed suit with Ethereum getting hit harder than the two above it. ETH has plummeted back to $117 with a daily dump of 5.5%. The gap to second placed XRP has widened back up to almost $1 billion again as the Ripple token only lost half the amount. An entirely red top ten compounds those Monday morning blues with Litecoin losing most of its 5% gained yesterday. Bitcoin Cash has also dumped over 5% and EOS is not far behind it during the day’s Asian trading session. Tether has flipped Stellar again to take sixth spot. An equally painful top twenty sees Maker slide the most at nearly 9% as it is about to be flipped by Zcash. Cardano, Dash and Neo are all ditching over 5% on the day has markets retreat once again. TenX is still enjoying the fomo today with a PAY pump of 30% over the past 24 hours. The Singapore issued credit cards still driving momentum for today’s top one hundred performer which is the only altcoin making double figures. Getting dumped by doubles at the moment is Holo, Revain and Augur dropping around 12% each. Just below $5 billion has been dumped out of crypto since the same time yesterday. The 4% slide has taken market capitalization back to $119 billion, its lowest level since last Monday. The monthly view still shows a range bound market but we are now right at the bottom of that trading range as dark clouds still loom in crypto land. Market Wrap is a section that takes a daily look at the top 20 cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals. The post Crypto Market Wrap: $5 Billion Dumped to Bottom of Trading Range appeared first on NewsBTC.

2 months ago

Electroneum Price Surges as Mobile App Comes to iOS Next Week

As the weekend dawns upon the cryptocurrency industry, interesting things will happen. Although there is still plenty of bearish pressure on all individual markets, it seems things are improving gradually. The Electroneum price shows an uptrend can be established under these circumstances without too many problems. While the current gains may not seem like, the overall trend is quite interesting to keep an eye on. Healthy Electroneum Price Boost Appears Albeit it has been relatively quiet on the Electroneum front as of late, the project is still alive and kicking. This mobile-oriented cryptocurrency is in the process of forging new partnerships and expanding its presence on a global scale. As such, it is only normal the price tends to fluctuate like all other markets. What is rather uncommon, however, is how the ETN value is rising right when all other markets struggle to remain in the green. Over the past 24 hours, there has been a very notable Electroneum value increase. Following a 14% gain in ETN/USD and a 14.5% improvement in ETN/BTC, one Electroneum is now valued at $0.00668 again, or 183 Satoshi. This is all happening with the barest of trading volume as well. Just $426,525 worth of ETN has changed hands in the past day, which is rather little. Even so, it appears to be sufficient to keep this current momentum in place, at least for now. The big news for Electroneum holders is the upcoming iOS beta app. The developers confirmed this app is launching in the coming few days. Although it is a beta, it is a big milestone for this particular project. Gaining more traction among iOS users can be paramount to future successes. It is also somewhat difficult to launch a cryptocurrency app on iOS these days. Electroneum’s KYC approach may have made that process slightly easier in this regard. Internal app testing is now complete. The iOS BETA will launch next week. Keep an eye out for our announcement. Thank you all for your patience! #Electroneum #ETN #iOS pic.twitter.com/vF95d6PwiM — electroneum (@electroneum) January 18, 2019 There is no shortage of Twitter users educating the masses on why Electroneum is a good buy. As Latin Crypto explains, the project mainly focuses on mobile users and enforcing KYC and AML in this market. On paper, all of the important boxes are being checked as of right now. Translating that into real-world success will be a continuous process, which is only to be expected. @electroneum is going to revolutionize the financial industry through the mobile industry by having a solid ecosystem in place and been a hybrid blockchain/fin-tech company with KYC/AML. Better than Visa, Paypal, MC, Amex and Ripple for sure...#ETN #Electroneum — Latin Crypto (@latin_cryptoetn) January 19, 2019 Cryptical is a firm believer in Electorneum’s future potential. This user expects the altcoin to be the “most profitable” of them all. That is quite a label to live up to in the coming months and years. While it is true competition in the mobile space is nearly non-existent for cryptocurrencies, it doesn’t automatically mean this project will succeed. Interesting months loom ahead for this currency. I think ETN will be the most profitable because nobody will expect us to rise anyway. We will suprise the market. We will make the biggest steps up the ladder. #ETN #electroneum — Cryptical (@Cryptical16) January 18, 2019 Based on all of these factors, it is not hard to see why Electroneum is firmly in the green right now. Despite its incredibly bleak trading volume, there is genuine excitement regarding the iOS app launch. Additionally, the currency has managed to hold its own quite well during this extensive bearish pressure. Big things are expected by the community. Meeting those expectations is a lot more difficult than it may seem. 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 altcoin × The post Electroneum Price Surges as Mobile App Comes to iOS Next Week appeared first on NullTX.

2 months ago

Announcing an upcoming token bridge between Loom PlasmaChain...

Announcing an upcoming token bridge between Loom PlasmaChain and Cosmos Hub. This is the first major step for us o… https://t.co/VpHBVSUFNA

2 months 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

2 months ago

Canada Debates Crypto Campaign Donations as Elections Loom

With the Canadian General Election scheduled for later this year, Elections Canada, the body responsible for overseeing federal political fundraising, is polling the relevant parties on the question of whether campaign contributions could be allowed in Bitcoin or other cryptocurrencies. Elections Canada have posted online that “with interest in cryptocurrency on the rise, political entities have requested guidance on accepting contributions and conducting other transactions in Bitcoin or altcoins”. This indicates that a change in the way donations are normally conducted may well be on the agenda, given the rise in Bitcoin’s popularity in the country. With the relevant political parties being asked to forward their view before 21 January, there is time left. Elections Canada terms cryptocurrency donations as non-monetary, in-kind contributions, claiming: “Like money, they can be used to make purchases from businesses that choose to accept them. But unlike money, they cannot be placed directly into a bank account. Instead, cryptocurrencies can be sold for traditional currencies that can be placed into a bank account.” This, according to Elections Canada, puts cryptocurrencies more on a par with stocks and bonds which the body regards as “a form of property”, thereby making them a non-monetary contribution. For its part, the draft note provided by the body takes the position that cryptocurrency donations are non-monetary, in-kind contributions. It points out this correlation to other authorities such as Elections BC (British Columbia) and the US Federal Election Commission, as well as the Canada Revenue Agency. This would mean that such offerings would be acceptable providing that cryptocurrency donations follow the same guidelines as set for other non-monetary contributions, exempting them from tax receipts. Currently, none of Canada‘s major political parties currently offers the option for crypto donations and to date, no party has responded to the Elections Canada request. Follow BitcoinNews.com on Twitter: @bitcoinnewscom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy: Pixabay The post Canada Debates Crypto Campaign Donations as Elections Loom appeared first on BitcoinNews.com.

2 months ago

Cocos-BCX Testnet Launched! The next generation of digital game economy empowering over 1.3 million developers

With over 1.3 million developers, Cocos is the widely adopted game engine in Asia and is second around the world by market share. Many captivating games including Angry Birds, Badlands, Fight! and Clash of Kings were built using the Cocos development platform and several well-known game publishers including Zynga & Big Fish Games rely on Cocos2d-x on a daily basis. Many people in the blockchain and gaming space believe that games will be the first and foremost user-facing application built on a blockchain. Cocos-BCX [Cocos Blockchain Expedition] has entered the space with the goal to create an open system where game developers can have access to a new game engine and development environment supporting multiple blockchain systems. Cocos-BCX consists three core components: Cocos-BCX blockchain game engine : a software framework and virtual machine [run-time operating environment] that supports multiple blockchains, device types and operating systems An integrated development environment [IDE] An underlying public blockchain :  CocosChain, based on the Graphene framework and re-designed specifically for games & other high-performance applications Cocos-BCX first line of code was dropped in the month of November 2017 and the first demo of the platform was released in March 2018. On Dec 21, 2018, Cocos-BCX TestNet was officially launched, with three third-party games developed based on Cocos-BCX and a props exchange platform going live at the same time. The three games and exchange platform can be visited through Cocos-BCX official website “community” sub-page [English version to be released later]. With its vision to build a blockchain gaming ecosystem, Cocos-BCX has established strategic cooperation with partners including Ontology, Zilliqa, Tron, NEO on the integration via SDK, exchange gateway as well as NHAS-1808 standard [non-homogenous asset standard] powered by Cocos-BCX. Besides, Cocos-BCX has been working already with other blockchain projects such as Loom, Nebulas, Cell Evolution etc, and is open for collaboration with more potential partners in blockchain and gaming space. For more detail & updates of Cocos-BCX you can follow below official channels: Official website Blog Telegram Twitter Reddit Discourse Forums The post Cocos-BCX Testnet Launched! The next generation of digital game economy empowering over 1.3 million developers appeared first on AMBCrypto.

2 months ago

Cocos-BCX Testnet Launched! The next generation of digital game economy empowering over 1.1 million developers

With over 1.1 million developers, Cocos is the widely adopted game engine in Asia and is second around the world by market share. Many captivating games including Angry Birds, Badlands, Fight! and Clash of Kings were built using the Cocos development platform and several well-known game publishers including Zynga & Big Fish Games rely on Cocos2d-x on a daily basis. Many people in the blockchain and gaming space believe that games will be the first and foremost user-facing application built on a blockchain. Cocos-BCX [Cocos Blockchain Expedition] has entered the space with the goal to create an open system where game developers can have access to a new game engine and development environment supporting multiple blockchain systems. Cocos-BCX consists three core components: Cocos-BCX blockchain game engine : a software framework and virtual machine [run-time operating environment] that supports multiple blockchains, device types and operating systems An integrated development environment [IDE] An underlying public blockchain :  CocosChain, based on the Graphene framework and re-designed specifically for games & other high-performance applications Cocos-BCX first line of code was dropped in the month of November 2017 and the first demo of the platform was released in March 2018. On Dec 21, 2018, Cocos-BCX TestNet was officially launched, with three third-party games developed based on Cocos-BCX and a props exchange platform going live at the same time. The three games and exchange platform can be visited through Cocos-BCX official website “community” sub-page [English version to be released later]. With its vision to build a blockchain gaming ecosystem, Cocos-BCX has established strategic cooperation with partners including Ontology, Zilliqa, Tron, NEO on the integration via SDK, exchange gateway as well as NHAS-1808 standard [non-homogenous asset standard] powered by Cocos-BCX. Besides, Cocos-BCX has been working already with other blockchain projects such as Loom, Nebulas, Cell Evolution etc, and is open for collaboration with more potential partners in blockchain and gaming space. For more detail & updates of Cocos-BCX you can follow below official channels: Official website Blog Telegram Twitter Reddit Discourse Forums The post Cocos-BCX Testnet Launched! The next generation of digital game economy empowering over 1.1 million developers appeared first on AMBCrypto.

2 months ago

Bittrex Highlights the Progress It Has Made in Its 2018 Review

Cryptocurrency exchange Bittrex says that 2018 was an exciting year as they continued to foster innovation, incubate emerging technology, and drive transformative change in the blockchain industry. The exchange recently reviewed 2018 in a new blog post, highlighting its new partnerships, listings, and improved customer service experience. Bittrex’s Partners and Listings Last year, Bittrex created Bittrex International to cater to the needs of a global audience. Bittrex Technology was used to power CatalX- a new digital asset platform in Canada, as well as by Palladium when they launched the world’s first initial convertible coin offering. Bittrex stated in their 2018 review that: “We continued to reinforce our role as a global leader in the blockchain revolution by expanding our partnerships and furthering blockchain’s ability to provide groundbreaking solutions around the world.” Bittrex also partnered with Rialto trading on a digital securities trading platform, with Cryptofacil to launch a digital asset platform, with International CryptoX to launch a cryptocurrency exchange, with com on a new digital trading platform, and with VALR on a South Africa-focused digital asset trading platform. All these partners are leveraging Bittrex’s technology and its experience in the crypto trading sector to build new businesses. Bittrex also listed 58 new tokens on its platform of which 50 were added to Bittrex.com and 8 to Bittrex International. Crucial blockchain and crypto projects now listed on their platforms include Sirin Labs (SRN), 0x Protocol (ZRX), Tron (TRX), LOOM Network (LOOM), Enjin (ENJ), Paxos Standard Token (PAX), Bitcoin SV (SV), PundiX (NPXS), IOST (IOST), and Zilliqa (ZIL). Fiat Trading Rollout and Compliance In late May, the exchange added trading in US Dollars (USD) for its customers. By the end of 2018, over 30 US states were being provided fiat markets along with eligible customers from international markets. The platform now has 15 token markets for USD and is expected to add new ones this year. It reiterated its support in creating a fully-compliant and secure environment for blockchain projects, adding that it proactively engaged with regulators during the year to push for suitable policymaking. Kiran Raj, chief strategy officer at the exchange, participated in “Legislating Certainty for Cryptocurrencies” roundtable hosted by Rep. Warren Davidson to help encourage regulations and policy initiatives for the sector. Bittrex also worked towards educating and helping its customer’s more by adding 27 new insightful blogs with useful tips for their users. Bittrex Highlights the Progress It Has Made in Its 2018 Review was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2 months ago

Plasma Cash Developers’ Guide - A Loom Network Tutorial See...

Plasma Cash Developers’ Guide – A Loom Network Tutorial See how Plasma Cash works on Loom sidechains and dive into… https://t.co/pEOrUxjfru

2 months ago

College credentials still loom large in hiring. But a new su...

College credentials still loom large in hiring. But a new survey of HR leaders finds growing interest in skills-bas… https://t.co/8XD675zqJm

2 months ago

Mapping out Ethereum’s Developer Ecosystem

Ethereum is by far the leading smart contract platform for developers. While the number of developers in the ecosystem is a topic of debate — estimates range from 250,000 to 350,000 — download data from popular development tools show that Ethereum continues to see increasing interest from developers. Influential members of the Ethereum community, in turn, have adopted BUIDL as their battle cry for developers to build products ranging from decentralized prediction markets, governance platforms, and security tokens, on Ethereum. With the growing interest in building on Ethereum, The Block has mapped out its developer ecosystem. We categorized the ecosystem into six sub-categories: (1) Protocols & Platforms (2) Testing & Frameworks (3) Infrastructure (4) Scaling (5) Privacy, and (6) Storage. PROTOCOLS & PLATFORMS Projects in this category provide base layers or foundations for dApps, companies, and other projects to build on. These projects can range widely from governance protocols (Aragon and Democracy Earth) to liquidity networks (0x and Bancor) to prediction market platforms (Gnosis and Augur). Generally, dApps or companies building on these protocols and platforms will leverage their native tokens for their operations. TESTING & FRAMEWORKS Projects in this category provide developer frameworks and test kits to build and test their dApps and products. Frameworks provide generic functionalities for developers to change and manipulate to their preferences. Testing tools enable developers to test their products in an environment that would not impact the main Ethereum network. INFRASTRUCTURE Infrastructure project offers pre-built tools for developers to quickly build and deploy dApps. These projects help developers lessen the workload and cost of building, deploying, and maintaining the tools necessary to run and distribute dApps. SCALING Scaling projects are building solutions to help Ethereum scale. These projects focus on a variety of scaling solutions including sidechains (POA Network), layer two (Skale Labs, Loom Network), and sharding (Prysmatic Labs). PRIVACY Privacy projects aim at developing privacy solutions for blockchain networks. Some projects in this category focus exclusively on adding privacy features for Ethereum (Aztec) while others are blockchain agnostic but Ethereum-focused. STORAGE Storage projects help developers store dApp data while maintaining the decentralized features of dApps. Because storing massive amounts of data on Ethereum is costly, developers leverage these decentralized storage projects to off-load the cost and host their data. The post Mapping out Ethereum’s Developer Ecosystem appeared first on The Block.

2 months ago

8 Ways Ethereum Proved Prophets Of Doom Wrong In 2018

Despite the 90% decline in its price, Ethereum has still been making moves in 2018. Forecasts for its ecosystem development, made last year, may have been exaggerated in terms of what the community could accomplish in 12 months. And that may be why we’re seeing the network valuation come back down to reasonable levels for a nascent technology. When speculators see a falling price it is difficult to sit back and admire everything that the Ethereum network is accomplishing, and it’s even harder to look at Ethereum with an open mind when the mainstream media seems to be focusing their coverage around the price decline and Consensys layoffs. Ethereum has seen greater adoption, regulatory certainty, and institutional interest this year; indicating that the coin is far from dead. As a 2018 year in review, here are 8 positive strides that Ethereum has taken in the last 12 months. 1. Increased Adoption - The Metric That Matters The Ethereum blockchain has seen increased active addresses and onchain transaction volume in 2018, which are both good proxies to measure adoption. The number of unique ethereum addresses recently even broke the 50 million mark, and depending on your source for information, the rate of unique address creation has increased in 2018 as well. According to Consensys, a newly created address was used, on average, for 35.45 days before going inactive, which means that the length of use this year is up over 3x, from an average of 11.25 days in 2017. Smart contract deployment rates have steadily increased in 2018 as well. Approximately 200k smart contracts were created and deployed in June since the start of 2018, and that number has grown to more than 1 million in October and nearly 1.8 million deployed in 2018 to date. This is an increase of nearly 25% year over year. The number of successful calls to smart contracts has remained consistent at 1.2 million per day when compared to 2017. Interest in the Ethereum community is growing in general as well. Reddit’s r/ethereum community has grown to more than twice its 2017 size, from 176k in early December 2017 to 418k in early December 2018, and several telegram communities have more than doubled their users as well. Other metrics to note that may show increased adoption are that Metamask has had over 700k downloads in 2018 and that Infura serves 10 billion API calls per day as of the first week of December. 2. Regulatory Certainty, Kinda Sorta On June 14th, 2018, William Hinman, Director of Corporate Finance at the U.S. Securities and Exchange Commission, made remarks indicating that he believed ETH is not a security. This gave rise to the notion that projects could start out as securities, and become decentralized enough to avoid security status despite having an ICO and a pre-mine. It’s important to note that this is only the opinion of one SEC official, and that this has not be proven true in court, but regulatory certainty paves the road for increased institutional adoption in 2019 as the participants can be more confident in their compliance. 3. Creating A Successful dApp Ecosystem 2018 was supposed to be the year that decentralized applications were to take off, and many ICO projects fell short of expectations. We do need to recognize, however, that several projects successfully launched on Ethereum in 2018 and are thriving. Despite increased competition from other platforms, Ethereum dApps still represent 95% of the total market share for dApps. Two projects to highlight that launched on Ethereum this year are Maker’s Dai and Augur. Maker launched Dai, a crypto-backed stablecoin, on Ethereum 12 months ago. In the last 12 months the ecosystem grew to hold over 1.6 million ether, has secured over 5000 collateralized debt positions, and maintained its peg during a 94% collapse in the price of ether. A major criticism of crypto collateralized decentralized stablecoins is that they cannot hold their peg amidst a collapse in the underlying collateral. With ETH collateralized debt positions, Dai was able to hold its peg to $1 while Ethereum’s price crashed down below $90, even after some CDPs were opened at ETH prices of over $1300 in January. This shows the resiliency of decentralized financial applications built on Ethereum. Maker has made other developments in 2018, notably that the code is ready to start offering multi-collateral Dai where debt positions can be backed by coins other than Ethereum such as ERC20 tokens. In regards to Augur, the project launched this past July and the development team was able to remove the backdoor into the system just weeks after launching, which shows their confidence in their solidity smart contracts and the back-end smart contracts have worked flawlessly to date. Approximately 15k ETH has been traded on Augur to date and millions of dollars have been staked on several markets. Another dApp project to highlight, developed by the team at Loom, is the game Crypto Zombies, which has seen over 400k unique

2 months ago

Coinbase CEO Reviews Accomplishments in Q4 2018, Says “Can’t Wait to Do It All Again in 2019”

Brian Armstrong, the CEO of cryptocurrency exchange Coinbase revealed a note he sent to the Coinbase team, stating their achievements in Q4 2018. He summarized how Coinbase had added more people to its team, new features, new cryptocurrencies and more. The New Entrants to the Coinbase Ecosystem The company added several new people to its team this year, as noted by Armstrong: “As expected, this put some strain on communication, decision making, and even trust. We’re a largely new team that still needs to come together and gel, and this will be a major focus of 2019.” He said that Coinbase had a lot of success with everything they launched and then listed and described the company’s new products and features. In Q4 2018, Coinbase added crypto-to-crypto trading for users and added a news feature which helps customers stay up-to-date with the latest crypto developments. It also added a feature called Watchlist that allows users to customize their dashboard and stay updated about the coins they are interested in. Coinbase also integrated with PayPal, allowing users to withdraw funds to their PayPal accounts for free. Coinbase Pro added whitelisting and address book. Coinbase Earn was added which is a new way to earn crypto while learning about it. Coinbase listed USDC, the Circle-backed digital programmable dollar (stablecoin) and other cryptocurrencies like Zcash and multiple ERC20 tokens, including BAT, GNT, LOOM, MANA, ZIL, ZRX, and MKR. Coinbase custody was established which now supports 79% of crypto assets by market cap. Expanding Its Horizons Coinbase launched in six new jurisdictions including Iceland, Lithuania, and the Isle of Man. Improving its security, the exchange migrated $5 billion worth of cryptocurrency to its Generation Four cold storage infrastructure. In the fourth quarter, the company raised another $300 million from investors in a Series E funding round. Coinbase invested in several up and coming crypto projects including Spacemesh, Alchemy, Abacus, Nomics, Starkware, Staked.us and more. Armstrong noted that the team focused on scaling last year to meet market demands and better serve their customers. He concluded by saying: “We asked a lot of everyone on the team. I’m proud of how we rose to the occasion to meet the challenges and opportunities before us this year.” Coinbase CEO Reviews Accomplishments in Q4 2018, Says “Can’t Wait to Do It All Again in 2019” was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2 months ago

Circle Recaps 2018 and $24B OTC Trading Volume is Not the Company’s Only Achievement

CoinSpeaker Circle Recaps 2018 and $24B OTC Trading Volume is Not the Company’s Only Achievement It’s not a secret that 2018 was a rather controversial and challenging year for the cryptocurrency world. Nevertheless, some companies can be really proud of their year results. And cryptocurrency finance firm Circle is definitely one of them. In its official blog post, the company has shared its 2018 accomplishments. General Growth in 2018 According to the statement, Circle has managed to show excellent growth rates. At the current moment, it works with 8 million customers living in more than 195 countries. In 2018, the company conducted over 200 million transactions worth roughly $75 billion. Moreover, Circle started 2018 with two products and expanded to five by the end of December. Circle released its crypto investment app ‘Circle Invest’, acquired a digital token exchange Poloniex, issued its first stablecoin USDC, purchased a crowdfunding platform called SeedInvest - and it’s still not the full list of the company’s achievements for 2018. OTC Trading According to Circle, its OTC trading business, Circle Trade, is also expanding despite the difficulties that the entire industry faced in 2018. Circle Trade managed to welcome a record number of institutional customers, expand its services across the US, Asia, and Europe as well as to introduce significant technical improvements. As it has been revealed, in the previous year, Circle Trade executed over 10,000 OTC trades with 600 different counterparties. In total, the transactions across 36 digital assets generated a notional volume of $24 billion. OTC trading provides investors with an opportunity to conduct trades directly with one another without a necessity to rely on intermediaries such as crypto exchanges. In general, OTC trading services in digital assets represent a special interest for institutional investors who are turning to Circle Trade’s services more and more often. Acquisition of Poloniex Poloniex acquisition which happened in early 2018 is one of the most important events for Circle. Circle took a decision to acquire one of the earliest crypto exchanges with a view to expand its activities and offer additional support for cryptocurrencies as well as to provide its customers with enhanced services. In 2018, Poloniex experienced numerous upgrades including technical and regulatory changes. Moreover, a range of new digital assets was added to the platform. This list included EOS, BAT, SNT, KNC, LOOM, FOAM, MANA, BNT, and USDC. At the same time, 20 coins were excluded from Poloniex. Acquisition of SeedInvest Another strategic acquisition made by Circle in 2018 is purchasing SeedInvest. One of the reasons why Circle took a decision to acquire this crowdfunding platform is its desire to win a federal banking license. The end goal of this initiative is to register with the SEC and to give traders a possibility to buy and sell tokens as securities for the first time which could become an important accomplishment for the entire crypto community. 2018 was a very productive year for Circle but the company believes that 2019 will bring even more results. Circle Recaps 2018 and $24B OTC Trading Volume is Not the Company’s Only Achievement

2 months ago

Cryptocurrency CPU Mining Makes a Comeback in Late 2018

In the world of cryptocurrency mining, plenty of changes have occurred throughout the years. Whereas CPU mining once was people’s only option to generate Bitcoin, things have taken a few interesting twists and turns over the years. To date, CPU mining is pretty much unfavorable, although it may not disappear anytime soon. The new VerusHahs algorithm certainly wants to keep CPU mining alive, for the time being. Why CPU Mining Still Matters in 2018 and Beyond Anyone who has recently attempted to mine cryptocurrency with just their computer may have noticed that is a rather daunting task. Not because it is difficult to set up, as more mining tools make that particular aspect very straightforward. However, the rewards from doing so are nearly nonexistent, as more altcoins and Bitcoin have moved well past CPU mining over the past few years. Without multiple GPUs or even ASICs, mining cryptocurrencies is something at-home users shouldn’t necessarily pursue. Not only the hardware side of things has evolved in recent years. A lot of coins moved away from CPU mining simply because not doing so would invite botnets and hackers to maliciously mine specific currencies by taking control of other people’s hardware. This is exactly what has been happening to Monero over the past few months. The cryptojacking trend mainly revolves around Monero, as criminals will do their best to obtain cryptocurrencies through any manner they see fit. While that threat factor may continue to loom overhead, it would appear new currencies are also exploring options in the CPU mining department. The recently announced VerusHash 2.0 algorithm, is designed to make CPU mining not just profitable, but also fun again. A remarkable decision in this day and age of GPU and ASIC mining, although one that also makes sense in terms of making it accessible to everyone on the planet. One interesting aspect of this new algorithm is how it will be designed to be botnet resistant. The VerusHash 2.0 algorithm favors newer-generation CPUs over older models, which should put most botnet issues to rest. In virtually all cases, botnets are made up of computers and other devices with much older hardware under the hood. As such, this approach may turn out to be viable in the long run, although it also skews the “fairness” aspect a bit. The big question is whether or not anyone will be interested in exploring this new era of CPU mining. After all, the algorithm is linked to a currency no one has heard of and which may not necessarily become valuable in the long run. For those who simply want to experiment with this concept, however, the algorithm will prove to be an interesting solution to learn more about how the mining aspect of cryptocurrencies works exactly. For people who have been involved in cryptocurrency mining since the early days, this will be a nice throwback to the “good old days”. It is somewhat heartwarming to see developers acknowledge CPU mining has its merits, although it may not necessarily make people a lot of money. Putting the financial concerns aside, there is no reason to completely dismiss CPU mining in 2018 and beyond. The concept is still valid today, especially in terms of educational value. The post Cryptocurrency CPU Mining Makes a Comeback in Late 2018 appeared first on NullTX.

3 months ago

We’re super excited to see Truffle v5 launched! Loom loves T...

We’re super excited to see Truffle v5 launched! Loom loves Truffle (and we support it out of the box). Read the of… https://t.co/RidYyq04IF

3 months ago

XRP pairs with Stellar [XLM], DigiByte [DGB], USD Coin [USDC] on Coinfield

On 18th December, the popular cryptocurrency exchange, Coinfield that is based out of Canada announced that it will be pairing XRP with the fifth largest coin, Stellar [XLM], the stable coin USD Coin [USDC] and Digibyte [DGB]. The platform also announced that it will be expanding its services to 40 new countries. The original tweet read: “New #XRP pairings with Stellar #XLM, DigiByte #DGB and #USDC stablecoin shine as CoinField expands to 40 new countries.” In the month of November, Coinfield had informed its followers that the services of the platform had gone live in 60+ countries at the time. In the same announcement, it had also taken the decision to add XRP for trading on its platform to wherein the commission fee was set at 0.05% and 20 XRP pairs were added including fiat pairs of XRP with USD, CAD, EUR, GBP, JPY, and AED. Now, apart from XLM, DGB and USDC, two other unpopular coins have been added to increase the number of XRP pairs, i.e., Civic [CVC] and Loom Network [LOOM]. XRP has been a pro when it comes to gaining worldwide adoption as its parent blockchain firm, Ripple is inherently a global business. Therefore, XRP has been able to make its way around the globe at a fast pace via the RippleNet. Though successful, XRP has been an integral part of many controversies, from it being alleged security to the ecosystem being highly centralized. Anytime the token is in trouble, the Ripple executives do not fail to step forward and refute such allegations. Moh, a Twitter user and a cryptocurrency space enthusiast on Coinfield’s announcement stated: “awesome you can now get #digibyte #dgb with your #XRP!! Come to the true decentralized #cryptocurrency ! #DGB the standard.” Here, the Twitter handle known as XRP Research Center replied to the above comment and mentioned: “You’re kinda’ implying that XRP is not decentralized with that tweet. I’ll invite you to review what PoW has done with decentralization. Spoiler alert: Utopia.” - XRP Research Center Bobby Dee, who is also a DigiByte fan and follower also reverted and wrote: “In comparison to #DigiByte it is centralized ... and it’s more expensive to transfer value using XRP than DGB” - Bobby Dee The post XRP pairs with Stellar [XLM], DigiByte [DGB], USD Coin [USDC] on Coinfield appeared first on AMBCrypto.

3 months ago

Why Coinbase Will List More ERC20 Tokens In the Coming Days

Only a few hours ago, crypto traders were treated to an early Christmas by Coinbase as the exchange listed 4 new cryptocurrencies on its Pro Version of the platform. The newly listed digital assets are Dai (DAI), Maker (MKR), Golem, (GNT) and Zilliqa (ZIL). The exchange went on to state that the smart contract functionality of these tokens will initially not be available. The announcement by Coinbase stated: Each of these tokens has associated functionality, some of which may be in beta. Moreover, each token’s associated functionality is not currently directly accessible via the Coinbase Pro platform. Coinbase’s Intention to Support the ERC20 Technical Standard Across the Platform News of the addition of more ERC20 tokens does not come as a surprise to many crypto enthusiasts who were aware that the exchange had announced its plan to support the Ethereum ERC20 technical standard on the platform. A March 2018 announcement by the exchange stated the following: We’re excited to announce our intention to support the Ethereum ERC20 technical standard for Coinbase in the coming months. This paves the way for supporting ERC20 assets across Coinbase products in the future... Prominent ERC20 Tokens Listed By Coinbase The past few months and days have seen the platform list the following ERC20 tokens: 0x (ZRX), Basic Attention Token (BAT), USD Coin (USDC), Civic (CVC), district0x (DNT), Loom Network (LOOM) and Decentraland (MANA). This is in addition to the recently listed DAI (DAI), Golem (GNT), Maker (MKR), and Zilliqa (ZIL). Revisiting the List of 31 Digital Asset the Exchange Had Announced it Was Exploring Out of the 31 digital asset that Coinbase has announced it was exploring on supporting on the platform, only 6 are on their own blockchain networks. They include ADA, EOS, NEO, XLM, XRP and Tezos (XTZ). The rest are ERC20 tokens. A list of ERC20 tokens yet to be listed by the exchange are as follows. Aeternity (AE), Aragon (ANT), Bread Wallet (BRD), EnjinCoin (ENJ), IOST (IOST), Kin (KIN), Kyber Network (KNC), ChainLink (LINK), Loopring (LRC), Mainframe (MFT), OmiseGo (OMG), Po.et (POE), QuarkChain (QKC), Augur (REP), Request Network (REQ), Status (SNT) and Storj (STORJ) Savvy crypto traders have probably started the process of elimination to try and figure out which of the 17 remaining tokens will be next on Coinbase thus providing profitable trading opportunities. What About XRP, Stellar (XLM) and Cardano (ADA)? Based on Coinbase’s aforementioned preference to list ERC20 tokens first, it is safe to conclude that the exchange will not list the popular cryptocurrencies of XRP, XLM and ADA anytime soon. However, their is still a slight chance that the exchange might surprise us like they did when they listed ZCash. No one expected them to list ZEC before XLM and ADA. As we approach Christmas, the odds of Coinbase surprising us by listing an unlikely coin (not ERC20 token) should be considered. But we also have to be realistic based on the fact that ERC20 tokens are more likely to be listed before XLM, ADA and XRP. What are your thoughts on the possibilty of Coinbase continuing to list more ERC20 tokens? Please let us know in the comment section below. Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post Why Coinbase Will List More ERC20 Tokens In the Coming Days appeared first on Ethereum World News.

3 months ago

Breaking: Coinbase Lists Dai, Maker (MKR), Golem (GNT), and Zilliqa (ZIL)

On Tuesday afternoon, Coinbase Pro, the professional trading platform of the similarly named startup, divulged that it would be listing four prominent altcoins as its 9th daily announcement for its “12 Days Of Coinbase” initiative. As revealed in a blog post pertaining to this news, the platform will be listing DAI and Maker (MKR), the two primary digital assets that pertain to the MakerDao project, Golem (GNT), widely dubbed one of Ethereum’s most promising products, and Zilliqa (ZIL), a startup aiming to initiate the blockchain 3.0 revolution. DAI, GNT, MKR, and ZIL order books will soon enter transfer-only mode. We will accept inbound transfers in the regions where trading is supported. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours. https://t.co/Ov3BtA1BWE — Coinbase Pro (@CoinbasePro) December 18, 2018 These four cryptocurrencies are all Ethereum-based tokens, which lines up with the startup’s recent listings of Civic (CVC), district0x (DNT), Loom Network (LOOM) and Decentraland (MANA). Starting today, Pro will begin to accept “inbound transfers” for the projects mentioned in this article’s first paragraph, before opening order books once sufficient liquidity and demand is established. Support for GNT and DAI will be initially available for Coinbase’s clientele in the U.S. (except NY State), the U.K., E.U., Canada, Singapore, and Australia. MKR and ZIL will also be offered for consumers situated in the listed countries as well, except for the U.S., presumably due to regulatory constraints. It is important to note that this feature isn’t available on Coinbase.com (Consumer) just yet, but this is likely to change over the next few weeks. Ethereum World News will update you as time goes on. Make sure you keep in checking in. Title Image Courtesy of Marco Verch Via Flickr The post Breaking: Coinbase Lists Dai, Maker (MKR), Golem (GNT), and Zilliqa (ZIL) appeared first on Ethereum World News.

3 months ago

Ethereum Remains One of the Most Popular Blockchain Networks

The Ethereum Network remains one of the most popular blockchains for new cryptocurrencies and crypto-based apps thanks, in part, to its smart contracts capabilities, and new data for 2018 suggests a network wrought with projects and growing trust amongst industry colleagues. Ethereum Is a Loved Asset Ethereum was a long-time holder of the number two position in the top ten list of largest cryptocurrencies by market cap. As of late, that position is now held by Ripple and its cryptocurrency XRP, though trust in the Ethereum network hasn’t gone down - despite ether’s price drop from roughly $1,400 in February to about $88 at press time. No doubt, a crypto winter has gathered on the horizon, but Ethereum, itself, appears to be doing quite well. In 2018, the network processed a total of 353 million transactions. That’s an increase of approximately 100 million transactions in just the last six months alone. At the time of writing, the average number of daily transactions stands at nearly 610,000. In addition, the network boasts a total of 49 million unique addresses all on its own - up from about 13 million in December of 2017. Smart Contracts Can Do a Lot As smart contracts capabilities have grown, deployments of such contracts have increased steadily over the past 12 months. Since June, approximately 200,000 new smart contracts have been created. This number surpassed the one million-mark in October, then hit 1.5 million last November. The Ethereum Network remains the most successful smart contracts platform in the cryptocurrency arena, accounting for roughly 96 percent of new coins entering the space. The platform is also home to dozens of decentralized apps (dApps) including widely used Web3 browser extension MetaMask; the Truffle Framework tools suite, and the Loom Network, which allows gaming dApps to scale. What About Other People? Miner activity has also increased tenfold over the past year. Approximately 11,000 active nodes are currently interacting with the Ethereum Network. They cross over six different continents and have demonstrated strong geographic diversity. Miner rewards have also remained relatively consistent, with the average miner earning approximately 620,000 ETH a month. And at the end of the day, the network’s popularity amongst the general population doesn’t appear to be diminishing. Reddit’s r/Ethereum community has more than doubled from approximately 176,000 members in December 2017 to around 418,000 at the end of this year. The network is also garnering newfound attention from venture capitalist firms like Andreessen Horowitz, which recently pledged roughly $15 million to MakerDAO - a project built on the Ethereum Network. Will Ethereum’s growth continue into 2019? Why or why not? Post your comments below. Image courtesy of Shuttershock The post Ethereum Remains One of the Most Popular Blockchain Networks appeared first on Live Bitcoin News.

3 months ago

Loom 2.0 Initial Release Build 651 - Dec 14th * Loom SDK 2....

Loom 2.0 Initial Release Build 651 - Dec 14th * Loom SDK 2.0 * Updated P2P protocols * Updated EVM Txs in block ex… https://t.co/YChtdyNj8F

3 months ago

@nylotterypicks The LOOM token is going to primarily be used...

@nylotterypicks The LOOM token is going to primarily be used to secure PlasmaChain via DPoS, and as a native curren… https://t.co/muwhzeUVSw

3 months ago

VanEck’s Director Says Regulators Have Their Priorities Backward as the SEC Continues to Postpone Bitcoin’s ETF

VanEck director Gabor Gurbacs is enraged by the SEC’s decision last week to extend the review period for the VanEck/SolidX Bitcoin ETF to February 27. On top of this disappointment, Coinbase announced that that it had listed four small-cap ERC20 tokens including CVC, DNT, LOOM, and MANA on its platform. To this end, Gabor took to Twitter to call out the SEC’s double standards regarding assessing the risk between retail and institutional investors. According to Gabor, the SEC is not playing fair by allowing Coinbase to list s**tcoins while postponing the approval of their Bitcoin ETF. (KE)

3 months ago

Coinbase Pro Announces the Listing of ERC20 Tokens of Civic (CVC), LOOM, DNT, and Decentraland (MANA)

Coinbase Pro, the Pro version of crypto exchange Coinbase, has announced to the cryptocurrency community that it is listing the ERC20 tokens of Civic (CVC), Loom Network (LOOM), Decentraland (MANA), and district0x (DNT), a report said. The announcement comes just a few hours after Coinbase revealed that it was exploring adding 31 new virtual currencies. As per the report, Coinbase Pro is already accepting inbound transfers of MANA, LOOM, DNT, and CVC. (VK

3 months ago

10 Most Popular Asia Crypto Articles of November

What Crypto insiders are reading. GCR is founded with a simple mission, to be the most reliable news source for the community that want to stay up to date on Crypto and Blockchain happenings in Asia, and share stories and exclusives you won’t read anywhere else. Fast-forward to now, and our mission hasn’t changed. We’re continuing to deliver stories that aren’t being reported by major news outlets, steadily expanding our coverage, and strategically scaling our team. It’s always interesting to take a moment to reflect and see which of our recent shared news links have taken off and resonated with our readers. From here now on, twice a month, we are offering a glimpse into the most popular stories. Without further ado, here are the most popular stories in November: 10. Chinese school principals caught mining Ethereum at work: http://bit.ly/2QyHkXp 9. iSTOX, a blockchain-based capital markets platform, has secured an undisclosed amountof investment from Singapore Exchange (SGX) and Temasek-subsidiary Heliconia Capital Management. http://bit.ly/2AYncIw 8.Blockchain’s first appearance in Alibaba’s November 11th Shopping Holiday: tracing for 150 million overseas products: http://bit.ly/2QFv6vO 7. BUIDLing Binance Labs Incubation Program Season 1 Mid-Review. http://bit.ly/2zq0mYv 6. Ahead of the imminent Bitcoin Cash (BCH) hard fork, mining giant Bitmain has rushed to deploy around 90,000 Antminer S9 machines to the western Chinese region of Xinjiang:http://bit.ly/2Qt4KNE 5. Study by ConsenSys and Whiteblock team reveals fake transaction throughput on EOS Network: http://bit.ly/2AXxdGf 4. Researchers rank cryptocurrency exchanges by how secure they are: Kraken the safest, Huobi and OKEx the riskiest. http://bit.ly/2AX42To 3. Bitmain CEO- “ investments from ICOs is nose diving. Tokens’ prices may fall another 90 percent.” http://bit.ly/2yXP12y 2. Binance launches Binance Research and showcases reports on Go Chain and Loom Network . http://bit.ly/2JRIHhe 1. BTCC is shutting down its mining pool business on November 15 and cease operations indefinitely from November 30 onwards. http://bit.ly/2yVLpOw If you find these stories interesting, we urge you to subscribe today to be the first to be notified.

4 months ago

Here’s the latest article in the Loom Tutorials series. Lea...

Here’s the latest article in the Loom Tutorials series. Learn more about the ERC721x token standard, which we use… https://t.co/j0aA96AgBS

4 months ago

There are many open source projects in the space that make w...

There are many open source projects in the space that make what we do at Loom possible. We wanted to take the time… https://t.co/h8O1H35Mtb

4 months ago

Why Blockchain-Based Projects Need to Be Their Own Early Adopters

The perks of decentralization are well-known - no single entity to control the process, reduced costs, and higher security due to the distribution of nodes. However, is it enough to attract the average user to blockchain-based platforms? Statistics prove that the answer is no, unfortunately. Most people simply do not care about the benefits of decentralization, but rather about how useful and user-friendly the products are - regardless whether they are built on the blockchain or not. Still, blockchain projects continue to launch empty platforms with no particular application. So how do you attract users and make the blockchain more widespread? The possible answer is to be your own early adopter and create original content! The absolute majority of blockchain projects die fast Ever wonder how many of blockchain companies manage to stay alive and active after several years? A recent study conducted by the China Academy of Information and Communications Technology found that for over 80,000 blockchain-based projects launched globally, only 8% are still in active operation. The average lifespan for such projects is just a bit over one year (1.22 years). The possible reason for this is low demand: the data on the number of users shows that blockchain projects lack user adoption. Daily Active Users (DAU) discloses that the number of users of the most popular applications on Ethereum is less than 1,000. Compare that to Facebook, for example, which has about 1.5 billion users visiting it every day! Another example is Steemit, a decentralized social network, that announced it had surpassed 1 million users in May 2018. That’s definitely a milestone, but to put this in perspective Medium has 60 million readers monthly. What stops the blockchain from mass adoption? Expert opinions Dr. Michael J. Garbade, the founder and CEO of Education Ecosystem and serial entrepreneur, lists the nine obstacles to blockchain adoption - among them are people’s resistance to change and lack of primary application. His opinion is supported by other industry experts, such as Ivan Vankov, principal blockchain architect at Cognition Foundry. “Every one try to revolutionize something with blockchain. Mass media and social expectations push you to this behavior, always to look for the maximum, for the extreme, for unique and different, but the reality is very different. People do not like revolutions, especially if they are involved in it. People will do everything that they can do so tomorrow to be the same as yesterday. Same apply for business. Do not try to revolutionize, try to evolve. ” This statement is proven by recent history: researchers started using TCP/IP, the technology that makes it possible to send emails to each other, in 1972. A number of companies were exploring the opportunities of TCP/IP during the 1980s, but the solution didn’t evolve until the mid 1990s. For the blockchain, the process is likely to be similar - and the projects will have to adjust to their customers so that they get used to the new technology. As James Martin Duffy, co-founder at Loom Network, says, “[There is a] lack of ‘killer dApps’ - applications that are good enough to incentivize millions of users to really want to use them.” James explains, “They might conceptually understand why decentralized apps are better. But simply saying, ‘It’s Facebook — but decentralized!’ doesn’t seem to be a strong enough value proposition to get people to jump ship from a centralized Facebook that, despite its many shortcomings, more or less works just fine. For the majority of mainstream users, the promise of decentralization, in itself, is not enough.” The question remains: how do you make average users interested in blockchain projects? One of the possible solutions is providing original content to the users so that they become interested in it - and addicted to it. Be your own early adopter - create original content The recent research by IHS Markit shows that Netflix produced 1,257 hours of original content in 2017 - 25% more than planned! This year, the company is going to spend $8 billion on it (up from $6 billion last year). Amazon Prime, Netflix’s competitor, is far behind with only 285 hours in 2017 - however, 40% of them was original first-run international content. For both companies, the number of original hours produced annually was steadily increasing during the last five years - and so was the number of subscribers, by the way. As Matt Ward, angel investor, startup advisor, and entrepreneur, explains, “We are a species evolved in an era of scarcity. When granted abundance, most simply increase their expectations of quality and originality — hence Netflix... Any CEO worth their salt realizes self-sufficiency trumps all else, thus Netflix started creating original content (well after their innovation with streaming video) to cut out the producers/royalties. While incredibly expensive in the short term, this strategy would (and will) pa

4 months ago


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