POA Network POA

$0.0260
Market Cap $ 5.727 MM (#350)
24h Volume $ 145.859 K
Chg. 24h: -0.88%
Algo. score 3.5/5  (#207)
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POA Network News

Ethereum sidechain solution SKALE Labs releases DevNet

SKALE Labs Inc today announced the launch of SKALE DevNet, a production quality sidechain test network that will act as a secure, developer friendly testing environment leading up to the SKALE Mainnet launch in Q3 2019. Following the launch, developers at this week’s ETHDenver Hackathon will be able to run Ethereum dApps on the SKALE DevNet in a fully integrated manner with Ethereum and other related Web3 infrastructure and tooling. DevNet is available upon acceptance into SKALE’s Innovator Program, and the SKALE team will be sponsoring four prizes for developers choosing to leverage their platform during the hackathon. With SKALE, any dApp developer familiar with Amazon EC2 or Google Cloud can seamlessly access fast, secure, and cost-effective smart contract execution. SKALE also provides easy to understand documentation and plug-and-play code snippets to help developers build applications rapidly. As a testament to the power of SKALE, the team has built out an S-Chain-based rock-paper-scissors demo, with moves settling in a matter of microseconds. Design Despite some confusing initial announcements, SKALE’s current architecture has no association with the Plasma design space. Rather, SKALE provides Ethereum developers with the opportunity to launch application specific sidechains, with security derived from a distinct network of validators than the main chain. SKALE’s CEO, Jack O’Holleran views alternative scaling solutions, like variants of Plasma and Generalized State Channels, as complementary to sidechains, noting that each solution provides its own distinct set of advantages and disadvantages. Sidechains, for example, are considered most appropriate for computationally heavy and low value use cases, whereas value heavy and computationally light transactions work better with State Channels. Over time, O’Holleran expects some sort of consolidation between these various categories, with SKALE hoping to integrate support for Plasma in later iterations of their product. SKALE vs. PoA Ethereum is no stranger to sidechains, with Proof of Authority (PoA) Network having launched late December 2017. However, as the name suggests, Proof of Authority is not a permissionless network - the validator set is made up of public and pre-approved figures. As such, PoA has significant trust assumptions, with applications ultimately subject to censorship. By contrast, SKALE offers developers a permissionless sidechain with a variable, randomly-assigned set of validators, protecting against potential acts of censorship or malfeasance that arise when validators can easily collude amongst each other. O’Holleran eventually expects SKALE to tap into PoA’s feature set, offering developers the ability to determine parameters relating to the number of nodes and the open or closed nature of the validator set. Likewise, future iterations of SKALE will offer privacy features. SKALE Foundation Having recently raised $9.65 million in a round led by Multicoin Capital, SKALE Labs is one of the more well-capitalized projects in the Ethereum ecosystem. The team is currently in the process of setting up the SKALE Foundation, which will take control of all IP and capital and be responsible for assigning a group of governing delegates who will act on behalf of validators and developers. Governing delegates will not be remunerated for their efforts; rather, as key stakeholders in the network, they are expected to be economically aligned with the long-term success of the project. For the first year of SKALE’s lifecycle, the Foundation will also assist in coordinating rollbacks and hardforks if problematic situations arise. However, despite owning 10 percent of SKALE tokens, the Foundation will not be participating as validators for legal and compliance reasons. Validators With block sizes capped at 8mb and one-second block times, SKALE validators will require significant investment in hardware. O’Holleran recognizes that these hardware requirements ostracize a certain part of the validator market, although they should not materially impact the number of chains that can be launched: each validator can simultaneously support up to 128 different chains. The full specifications for validator requirements will be released in mid-March. Similarly, the reward structure for validators has yet to be finalized, with the team currently working through several models, as well as taking inspiration from Ethereum 2.0, Livepeer, and a host of other protocols. Here, SKALE faces a tension between wanting to provide cost effective services and, as a system that leverages Proof of Stake, needing their SKALE token to accrue significant value in order to protect against malicious attacks. O’Holleran did note, however, that the team has settled on a finite supply schedule. Providing sufficient incentives for validators is also key for the scalability of SKALE’s S-Chains, with the network scaling linearly as more participants join. Due to constraint

18 hours ago

📣Attention BUIDLers, #xDai / POA fans and @EthereumDenver ha...

📣Attention BUIDLers, #xDai / POA fans and @EthereumDenver hackers! We are giving a bounty of $5,000 Dai to be split… https://t.co/01wT1j3Nf2

3 days ago

Our latest POA Update looks back at our most recent news in...

Our latest POA Update looks back at our most recent news including: - 🚀Powering up @EthereumDenver crypto with… https://t.co/LuvyWPtWUN

4 days ago

@EtherSnailFarm You can also download our Chrome extension, ...

@EtherSnailFarm You can also download our Chrome extension, Nifty Wallet which has POA and xDai RPCs built directly… https://t.co/V3S4ApQ9XC

7 days ago

Ethereum [ETH] takes a step forward with release of new version of Geth and Parity for Constantinople

During the recent Ethereum Core Developer live meeting, the topics the team discussed included the Ropsten fork for Constantinople and the Programmatic Proof-of-Work [ProgPow]. The discussion led by Hudson Jameson, the communications officer of the Foundation, included Afri Schoedon, Lane Rettig, Martin Holst Swende, Ben Burns, Zak Cole, Brooklyn Zelenka and other key developers of the foundation. The team started the meeting by discussing the Ropsten fork for Constantinople. Here, at the time of discussion, the fork was around 3,000 blocks away and only one fork is going to occur on the network, unlike the two forks decided for Constantinople, with the other fork named Petersburg. The second fork was introduced to disable the Ethereum Improvement Protocol in which issues were identified hours before the previous schedule for Constantinople that was set to occur in January 2019. The updated version for both Geth and Parity was released by the respective teams this week. The Geth team posted on Github: “Geth v1.8.22 re-enables all Constantinople changes and contains an additional fork, Petersburg, to disable EIP-1283. This procedure is meant to ease the transition on networks like Ropsten where the Constantinople transition had already taken place when an issue with EIP-1283 was discovered. On the main network, Constantinople and Petersburg activate at the same time.” Afri Schoedon, hard fork co-ordinator and release manager at Parity, also Tweeted about the new version of Parity that supports both Constantinople and Petersburg: “Parity Ethereum 2.2.8 stable and 2.3.1 beta arrived. This enables Constantinople and St. Petersfork. Upgrading is mandatory for Ethereum, Kovan, Ropsten, Görli, POA Sokol, and POA Core networks.’ Martin Holst Swende, the security lead of the Ethereum Foundation, however, stated that there could be problems encountered during the Ropsten fork for Constantinople. This could be taking into account the previous fork on Ropsten, which was met with several issues because of the difference in Parity and Geth, and the lack of miners for Ropsten. This was followed with the team discussing ProgPow. The proposal of ProgPow implementation was first made in 2018 because of the rising concern among miners over ASIC mining hardware on Ethereum. Currently, it has been decided that it would be best to perform third-party audits on ProgPow to test whether the claims of ProPow reducing ASIC efficiency stands true and to ensure that their team would not encounter any problems during its launch on the Mainnet. The post Ethereum [ETH] takes a step forward with release of new version of Geth and Parity for Constantinople appeared first on AMBCrypto.

12 days ago

And a new testnet went live today #Goerli Testnet is the fir...

And a new testnet went live today #Goerli Testnet is the first PoA cross client testnet on Ethereum, run your own n… https://t.co/Wq5a3glUQS

15 days ago

Ethereum's Next Conference will Run Entirely on Blockchain

ETHDenver, the largest Ethereum-based hackathon, is currently preparing for its second annual show in Denver, Colorado and a large portion of the event’s processes and procedures will take place over blockchain. Attendance, judging, voting on projects and other activities will be carried out over blockchain. Applicants can reserve their place by staking a predetermined amount of Ether to fast track the application review process and the funds will be returned to attendees once they check into the event. Attendees will also use a unique localcoin called buffiDai which is the result of a collaboration between MakerDAO, Status, POA Network, Solidcoin, SendWyre, and Quantstamp. buffiDai will be used for purchasing “food, swag, drinks, activities and non-fungible tokens.” Ultimately, the event is designed to not only showcase upcoming blockchain and dApp products but also demonstrate the various use cases for blockchain technology and cryptocurrency in various real-world situations. (RS)

16 days ago

Calling all #ETHDenver hackers👷💻 POA are thrilled to sponsor...

Calling all #ETHDenver hackers👷💻 POA are thrilled to sponsor and participate in the second @EthereumDenver hackatho… https://t.co/Pp8XvO6HMN

18 days ago

Excited for everyone to experience what has been planned for...

Excited for everyone to experience what has been planned for #ETHDenver ✨✨✨ We in POA are delighted to sponsor and… https://t.co/njaxruECFW

23 days ago

World Open Network - A Platform for Every Blockchain and Cryptocurrency User

CoinSpeaker World Open Network - A Platform for Every Blockchain and Cryptocurrency User We see that many platforms are emerging to attempt an eternal solution on such platforms but they still lack to resolve them completely. Miners face loss Miners can understand this issue in person. According to the survey, mining requires around 47 terawatt-hours on yearly basis. Basically, from which half power comes from China using coal power plants. It takes around 44 million tons of carbon dioxide yearly just in case of Bitcoin and Ethereum. There are so many cryptocurrencies that need mining. So, starts the battle. Hacks Hacks have been major issues while talking about cryptocurrencies as a whole. The estimation says around $4.5 billion worth cryptocurrency are hacked. There are various reasons behind the attacks including Anonymous transaction Not following KYC/AML regulations, etc. This core issue makes it impossible to trace out the actual identity behind the crimes of theft. Ignoring Consumer Protection The data analysis states that around 1,300 tradable cryptocurrencies operate continuously. Various tokens associated with Simple Agreement for Future Tokens sell out tokens with not use results in a major issue. Unregistered authority or governmental regulatory bodies start trading without any licensing. This vanishes the trust of a user, shaking them with a sign of danger. Such scam also disrupts the image of industry misleading them away from the end-users protection Well, these issues must be resolved with intense research and profound knowledge. However, while we were researching the trusted platform that can solve these issues intensely, we caught up a result-oriented platform called WON. What is WON? World Open Network or (WON) is a network that is open to the world of technologies and influencers. How WON endeavors above setbacks? All the open blockchain on WON is pre-mined. This company gives you access to the large pool just after ensure the KYC/AML policy requirements. Users can instantly use Ŵ on WON right away via applications. The open blockchain on WON is open-source and free of cost This platform is helpful for developers to develop high-quality applications and grab in new users Developers need no coding unless they want it to further customize Stands to Trust Won Platform To offer security to developers and users, WON provides KYC compliance service. WON allows registered users to interact and transact safely. WON account will be able to trace every transaction in compliance with KYC/BSA/AML requirements. In case of discouraging speculation, WON ensures that the value of Ŵ (The cryptocurrency token commodity of WON INC) and DCs (Developer Cryptos) will be dependent solely on the value of products and services of WOB. Hence creates a feedback that encourages developers to boost productivity and creativity which increases the demand for their applications and services. They offer compliance mechanism associating every jurisdiction where they operate. The platform applies Byzantine Fault Tolerant PoA for security Compulsory KYC/AML Protocols stand them out of the crowd. How is WON Influencing the ICO Market? What Makes WON Different? Back in 2016, ICOs investments spiked around $95 million captivating 43 projects. However, in 2017, we have seen 210 ICO projects that raised around $3.88 billion escorting a huge upsurge. These projects have shown their influence supporting ICOs for the sector of financing high-tech startups. Currently, in 2018, the overall volume associating ICO projects tends to decrease by 80% in comparison to the previous study release. However, there were many fluctuations regarding tokens, coins in the current market that eventually shows their effects. Let’s see what 2019 brings for cryptocurrency, ICOs and blockchain to revolutionize this crypto space. WON is trying to ease the efforts of blockchain developers and raise their market by offering basic core services that majority of user needs while enchanting their markets. Leveraging the opportunity, developers specializing in game sector can distribute the game crypto coin via WON platform. They have a chance to purchase game items together with redemption option for retrieved coin. Players engaging the platform can buy crypto game coins, at some point, they can even withdraw specific game coins and exchange to WON coin. Only requirement says players should perform the KYC procedure for safety purpose. The amount of coins player purchases is recorded backend on chain. It works as demand and supply chain. At any time, if demand of games boosts, the demand and supply relationship rapidly changes. Moreover, the game crypto coins do not support the concept of ICO. W coin will be seen as a medium from developer’s perspective of crypto coin; clients can use w coin to purchase developer coin also. Note: Game developers are denoted as TPD (Third Party Developer) and their coin are denoted as DC (Develope

25 days ago

World Open Network- A Platform for Every Blockchain and Cryptocurrency User!

Though blockchain and cryptocurrency adoption have gone mainstream, we often face losses of funds, hacks and privacy issues. We see that many platforms are emerging to attempt an eternal solution on such platforms but they still lack to resolve them completely. Reports suggest following are the major issues Crypto masses are stumbled upon! Miners face loss Miners can understand this issue in person. According to the survey, mining requires around 47 terawatt-hours on yearly basis. Basically, from which half power comes from China using coal power plants. It takes around 44 million tons of carbon dioxide yearly just in case of Bitcoin and Ethereum. There are so many cryptocurrencies that need mining. So, starts the battle. Hacks Hacks have been major issues while talking about cryptocurrencies as a whole. The estimation says around $4.5 billion worth cryptocurrency are hacked. There are various reasons behind the attacks including Anonymous transaction Not following KYC/AML regulations, etc. This core issue makes it impossible to trace out the actual identity behind the crimes of theft. Ignoring Consumer Protection The data analysis states that around 1,300 tradable cryptocurrencies operate continuously. Various tokens associated with Simple Agreement for Future Tokens sell out tokens with not use results in a major issue. Unregistered authority or governmental regulatory bodies start trading without any licensing. This vanishes the trust of a user, shaking them with a sign of danger. Such scam also disrupts the image of industry misleading them away from the end-users protection Well, these issues must be resolved with intense research and profound knowledge. However, while we were researching the trusted platform that can solve these issues intensely, we caught up a result-oriented platform called WON. What is WON? World Open Network or (WON) is a network that is open to the world of technologies and influencers. How WON endeavors above setbacks? All the open blockchain on WON is pre-mined. This company gives you access to the large pool just after ensure the KYC/AML policy requirements. Users can instantly use Ŵ on WON right away via applications. The open blockchain on WON is open-source and free of cost This platform is helpful for developers to develop high-quality applications and grab in new users Developers need no coding unless they want it to further customize Stands to Trust Won Platform To offer security to developers and users, WON provides KYC compliance service. WON allows registered users to interact and transact safely. WON account will be able to trace every transaction in compliance with KYC/BSA/AML requirements. In case of discouraging speculation, WON ensures that the value of Ŵ (The cryptocurrency token commodity of WON INC) and DCs (Developer Cryptos) will be dependent solely on the value of products and services of WOB. Hence creates a feedback that encourages developers to boost productivity and creativity which increases the demand for their applications and services. They offer compliance mechanism associating every jurisdiction where they operate. The platform applies Byzantine Fault Tolerant PoA for security Compulsory KYC/AML Protocols stand them out of the crowd. How is WON Influencing the ICO Market? What Makes WON Different? Back in 2016, ICOs investments spiked around $95 million captivating 43 projects. However, in 2017, we have seen 210 ICO projects that raised around $3.88 billion escorting a huge upsurge. These projects have shown their influence supporting ICOs for the sector of financing high-tech startups. Currently, in 2018, the overall volume associating ICO projects tends to decrease by 80% in comparison to the previous study release. However, there were many fluctuations regarding tokens, coins in the current market that eventually shows their effects. Let’s see what 2019 brings for cryptocurrency, ICOs and blockchain to revolutionize this crypto space. WON is trying to ease the efforts of blockchain developers and raise their market by offering basic core services that majority of user needs while enchanting their markets. Leveraging the opportunity, developers specializing in game sector can distribute the game crypto coin via WON platform. They have a chance to purchase game items together with redemption option for retrieved coin. Players engaging the platform can buy crypto game coins, at some point, they can even withdraw specific game coins and exchange to WON coin. Only requirement says players should perform the KYC procedure for safety purpose. The amount of coins player purchases is recorded backend on chain. It works as demand and supply chain. At any time, if demand of games boosts, the demand and supply relationship rapidly changes. Moreover, the game crypto coins do not support the concept of ICO. W coin will be seen as a medium from developer’s perspective of crypto coin; clients can use w coin to purchase developer coin

a month ago

World Open Network - A Platform for Every Blockchain and Cryptocurrency User!

CoinSpeaker World Open Network - A Platform for Every Blockchain and Cryptocurrency User! We see that many platforms are emerging to attempt an eternal solution on such platforms but they still lack to resolve them completely. Reports suggest following are the major issues Crypto masses are stumbled upon! Miners Face Loss Miners can understand this issue in person. According to the survey, mining requires around 47 terawatt-hours on yearly basis. Basically, from which half power comes from China using coal power plants. It takes around 44 million tons of carbon dioxide yearly just in case of Bitcoin and Ethereum. There are so many cryptocurrencies that need mining. So, starts the battle. Hacks Hacks have been major issues while talking about cryptocurrencies as a whole. The estimation says around $4.5 billion worth cryptocurrency are hacked. There are various reasons behind the attacks including Anonymous transaction Not following KYC/AML regulations, etc. This core issue makes it impossible to trace out the actual identity behind the crimes of theft. Ignoring Consumer Protection The data analysis states that around 1,300 tradable cryptocurrencies operate continuously. Various tokens associated with Simple Agreement for Future Tokens sell out tokens with not use results in a major issue. Unregistered authority or governmental regulatory bodies start trading without any licensing. This vanishes the trust of a user, shaking them with a sign of danger. Such scam also disrupts the image of industry misleading them away from the end-users protection Well, these issues must be resolved with intense research and profound knowledge. However, while we were researching the trusted platform that can solve these issues intensely, we caught up a result-oriented platform called WON. What is WON? World Open Network or (WON) is a network that is open to the world of technologies and influencers. How WON Endeavors above Setbacks? All the open blockchain on WON is pre-mined. This company gives you access to the large pool just after ensure the KYC/AML policy requirements. Users can instantly use Ŵ on WON right away via applications. The open blockchain on WON is open-source and free of cost This platform is helpful for developers to develop high-quality applications and grab in new users Developers need no coding unless they want it to further customize Stands to Trust Won Platform To offer security to developers and users, WON provides KYC compliance service. WON allows registered users to interact and transact safely. WON account will be able to trace every transaction in compliance with KYC/BSA/AML requirements. In case of discouraging speculation, WON ensures that the value of Ŵ (The cryptocurrency token commodity of WON INC) and DCs (Developer Cryptos) will be dependent solely on the value of products and services of WOB. Hence creates a feedback that encourages developers to boost productivity and creativity which increases the demand for their applications and services. They offer compliance mechanism associating every jurisdiction where they operate. The platform applies Byzantine Fault Tolerant PoA for security Compulsory KYC/AML Protocols stand them out of the crowd. How is WON Influencing the ICO Market? What Makes WON Different? Back in 2016, ICOs investments spiked around $95 million captivating 43 projects. However, in 2017, we have seen 210 ICO projects that raised around $3.88 billion escorting a huge upsurge. These projects have shown their influence supporting ICOs for the sector of financing high-tech startups. Currently, in 2018, the overall volume associating ICO projects tends to decrease by 80% in comparison to the previous study release. However, there were many fluctuations regarding tokens, coins in the current market that eventually shows their effects. Let’s see what 2019 brings for cryptocurrency, ICOs and blockchain to revolutionize this crypto space. WON is trying to ease the efforts of blockchain developers and raise their market by offering basic core services that majority of user needs while enchanting their markets. Leveraging the opportunity, developers specializing in game sector can distribute the game crypto coin via WON platform. They have a chance to purchase game items together with redemption option for retrieved coin. Players engaging the platform can buy crypto game coins, at some point, they can even withdraw specific game coins and exchange to WON coin. Only requirement says players should perform the KYC procedure for safety purpose. The amount of coins player purchases is recorded backend on chain. It works as demand and supply chain. At any time, if demand of games boosts, the demand and supply relationship rapidly changes. Moreover, the game crypto coins do not support the concept of ICO. W coin will be seen as a medium from developer’s perspective of crypto coin; clients can use w coin to purchase developer coin also. Note: Game Developers are Denoted as TPD (Third

a month ago

Trust Wallet Now Supports Dash

On Wednesday, Binance-owned, Trust Wallet, which supports leading virtual currencies like Bitcoin and Ethereum, announced that it had added support for Dash. Per the announcement, the wallet's users can now send, receive, and store digital currencies directly by using the mobile application. This news comes after the wallet began supporting BTC a few weeks ago. It also supports TRX, GO, POA, ETC, WAN, and VET. (VK)

a month ago

POA has been verified with a V label by officially joining B...

POA has been verified with a V label by officially joining Binance Info’s transparency initiative! By sharing infor… https://t.co/dh1PkItCNN

a month ago

4/ As Ethereum continues to deal with scalability issues, PO...

4/ As Ethereum continues to deal with scalability issues, POA Network is committed to remain a scalability solution… https://t.co/uzPoZQiFrS

a month ago

Everdragons Launches On Tron Network

Tron has proved the home for dApps after Everdragons found its third home on Tron. The platform, known for crypto collectibles, moved to Tron earlier this week. Everdragons moved its games Territory and Goldmine to the Tron Network. After launching on Tron, the games got over 14,000 transactions within 12 hours. Everdragons has also been integrated on POA and Ethereum network. This has come when the Tron Network is seeing steady growth. In the first week of 2019, approximately two dozen new decentralized Applications launched on TRX. Currently, TRX has 83 dApps and over 1 million accounts. (KE)

a month ago

3/ POA token holders won’t need to do anything for this chan...

3/ POA token holders won’t need to do anything for this change and POA Network will work with ALL node operators to… https://t.co/IJi15L7xVj

a month ago

1/ As part of POA Network's goal to remain 100% compatible w...

1/ As part of POA Network's goal to remain 100% compatible with Ethereum 1.0, the #Constantine hard fork has been s… https://t.co/MRVmn7ZGGR

a month 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.

a month ago

17% of All Decentralized Applications (dApps) Are Inactive

According to data from State of Dapps, about 17 percent of all decentralized applications are currently inactive. The inactive dApps include those build Ethereum, EOS, POA, and Steem. From the data, it means that 394 dApps of the total 2,281 have had no development activity in a year and are currently abandoned. However, despite the growing number of inactive projects, there has been a steady increase in the number of dApps over the last year, with the addition of over 100 dApps per month.

a month ago

@as1ndu Feel free to join POA Network's telegram channel and...

@as1ndu Feel free to join POA Network's telegram channel and ask there too https://t.co/Ljg0qdQMDt . We can add any… https://t.co/m24wW5jEz8

a month ago

From all of us at POA Network, we want to wish you a very ha...

From all of us at POA Network, we want to wish you a very happy new year! We'd like to thank you all for your suppo… https://t.co/JuemnwQEVF

a month ago

Stratis (STRAT) Now Has Sidechains and Smart Contracts in C#

Stratis (STRAT), a platform focused on blockchain development, recently announced the release of the new Stratis Sidechains and Smart Contracts coded in C#, marking the production release of both sidechains and smart contracts. The launch of the new Cirrus sidechain that supports smart contracts comes along with this announcement, and its CRS tokens will be used for transacting on the Cirrus sidechain and provide gas for running smart contracts. The sidechain utilizes a Proof-of-Authority (PoA) consensus algorithm which requires a federation of members to operate. (JF)

2 months ago

Happy holidays from the POA Network Team! Our latest update ...

Happy holidays from the POA Network Team! Our latest update includes: 🔮 Mana-Ethereum update 👝 Nifty Wallet new f… https://t.co/IAYr2mHa8Q

2 months ago

POA Network are also proud to contribute another 1/3 of @aus...

POA Network are also proud to contribute another 1/3 of @austingriffith's Burner Wallet! Who else wants to contribu… https://t.co/iDyYLFbJbX

2 months ago

POA Network is an immediately available Ethereum scalability...

POA Network is an immediately available Ethereum scalability solution! 💻EVM Compatible: Develop with solidity and… https://t.co/fFZxzgQxkU

2 months ago

VeChain: Supply chain management protocol for counterfeit prevention

VeChain (VET) is a supply chain management protocol that helps users keep track of logistics inventory. The VeChain platform is designed to monitor the manufacturing process from the point when a product completes its production stage to when it’s delivered to the consumers. VeChain Platform Now Has Its Own Blockchain Initially launched as an ERC-20 compliant token called VEN, the platform was rebranded in early 2018 to VeChain Thor. In August 2018, the cryptocurrency network’s developers announced that they had developed their own blockchain. There was also a successful mainnet token swap (from ERC-20 to VeChain’s native token) to what is now referred to as the VET token on a 1:100 ratio (appr. 867 million VEN is now the equivalent of 86.7 billion VET). In addition to swapping VEN for VET tokens, the new VeChain blockchain supports a second token called “VeThor” which VET investors are able to “earn passively.” Applications For VeChain One of the main potential use cases for VeChain is counterfeit prevention. By using the platform’s blockchain-based software program, consumers are able to monitor the life cycle of a product. So, if a user has the tracking information of a particular product (usually a luxury item) that has been registered on VeChain’s blockchain, then the owner of the product can track all the transactions associated with it. For instance, if the product or item is a genuine Rolex watch, then by scanning the watch’s product code through software supported by VeChain’s platform, users can check all previous transactions associated with it. Some other applications for VeChain’s technology include use cases in the automotive, pharmaceutical and food industry. As a public blockchain network, third-parties are able to build and deploy decentralized applications (dApp) on VeChain. How Does VeChain’s Verification System Work? Unique digital identification numbers are assigned to physical stock by VeChain’s distributed ledger technology (DLT)-based system. The unique numbers are then recorded on the platform’s blockchain. This registration process is implemented using a technology similar to WaltonChain’s Radio Frequency Identification (RFID). RFID is a type of communications technology that uses radio waves to capture and record data, which is obtained from a tag attached to a product. The tag contains a microchip which stores electronic information related to the product. Other types of technologies VeChain uses to track products include Quick Response (QR) Codes, which are two-dimensional barcodes containing unique tracking numbers for products. Monitoring Products With NFC, Temperature Controlled Tracking System Some items on VeChain are monitored using Near Field Communication (NFC), which is a technology that allows users to scan and obtain product information without having to be in close proximity to the product itself. There is also development work being done for creating an in-house temperature controlled tracking system, which allows users to track products that are in transit and check whether their temperature has dropped or exceeded a certain level. This is a useful feature because the temperature of certain food items may need to stay within a particular range, and this can be ensured by smart contracts that accurately and automatically record the temperature data to the blockchain at periodic time intervals. The immutable data entry, which blockchain technology provides, helps to create a “trustless system.” It’s trustless because once data has been recorded by a user on a blockchain-based platform, the record entry cannot be altered or removed. Adding Information To VeChain’s Blockchain Information can be added to VeChain’s immutable ledger through its consensus protocol called proof-of-authority (PoA). This consensus algorithm is essentially a combination of centralized and decentralized consensus. The developers and managers of VeChain select Master Node operators, which are likely to be one of the company’s large enterprise clients. In order to be eligible for becoming a Master Node candidate, users must hold a stake in VeChain’s platform of at least 25 million VET tokens, an amount currently valued at around $85,000. There are to be a total of 101 Master Node operators on the platform’s network, and each Master Node is authorized and responsible for validating transactions. Decentralized Nodes Can Stake VET To Earn Passive Income Other decentralized nodes, which are not under the direct control of VeChain’s management team, can also stake their VET tokens and earn a passive income. Users can choose to become a Mjolnir Master Node by staking 15 million VET, which yield about a 5.81% return on investment (ROI). Users may also become a Thunder Node by staking 5 million VET, and receive approximately a 5.2% ROI. There’s an option to become a Strength Node, which only requires users to stake 1 million VET, and yields a 4.8% ROI. Those who can’t afford to stake 1 million VET (or m

2 months ago

The fourth xDai Validator has been added! 🎉 🎉 🎉 POA Networ...

The fourth xDai Validator has been added! 🎉 🎉 🎉 POA Network, @ProtoFire_io , @MakerDAO and @Givethio are now all… https://t.co/s9wRMslzJK

2 months ago

MobileGo Aims To Score With Esports

Gaming is one industry that’s still inspiring the blockchain community, regardless of market condition. Joseph Lubin recently touted gaming as one of the reasons he believes in blockchain technology, pointing to “gamers that play around with dice, kitties, and dApps.” MobileGo (MGO), a new cryptocurrency targeting in-game rewards, is doing its part with the beta release of an esports platform, placing competitive gaming in the spotlight and giving gamers a distraction from the crypto bear market. While the MobileGo community has a lot to celebrate as the project advances, the MGO price has been caught in this year’s downturn and has shed three-quarters of its value since its 2018 peak. MobileGo isn’t letting that get in the way of its marketing and is in the midst of its third airdrop, worth up to 10 MGO tokens, which helped lift the price earlier in the week. Gaming has the potential to bolster mainstream adoption of the blockchain and cryptocurrencies amid a $137.9 billion global market opportunity, according to MobileGo stats. MobileGo is betting that it can usher in the “second gaming revolution by bringing competitive esports to everyone.” They are currently supporting HTML5 games on PC and mobile platforms. Slice Fruit on Esport Platform Fortnite has already proven the demand for multiplayer games by attracting 125 million gamers and generating over $1.2bn in sales. MobileGo takes a similar approach in that its games are free to play, but the blockchain-based esports platform also rewards users with tokens for participating in tournaments. Gamers can win Gshare Gold, which opens the door for them to participate in Gshare Gold fee-based tournaments. The fee-based tournaments give gamers the chance to win MGO tokens, which they can then transfer to a wallet like MEW or Waves, since MobileGo had its ICO on both the Ethereum and Waves platforms. Gaming publishers can also receive royalty payments in MGO tokens, which they can convert into cash or HODL. Decentralization Is A Game-Changer Decentralization has been a game-changer for developers for several reasons, as they stand a chance in a market where app stores like Apple and Google attach hefty commission fees for developers. The blockchain opens a new world to gaming devs so that they can bypass those fees and track the performance of their games while also collecting direct and real-time payments, features that are missing from the traditional gaming space. The challenge, however, remains shrouded in converting non-blockchain gamers into blockchain gamers even with the hoops that one must jump through to join. POA Network’s Igor Barinov told Forbes: To play a game on the blockchain, a new user must go through so many steps, from installing a web wallet like MetaMask or Nifty Wallet, to understanding concepts of gas and Eth, to figuring out how to get Eth to pay for gas and fuel in the first place! MobileGo canvassed its social media followers to learn the device of choice for gaming, and the PC won nearly half of the vote. Mobile and console gaming were neck and neck, which bodes well for MobileGo’s planned release of iOS and Android games “shortly.” The MobileGo roadmap is chock full of more games and tournaments. Now if gaming publishers could just create the Fortnite of the blockchain, mainstream adoption wouldn’t be an issue. The author is invested in ETH, which is mentioned in this article. The post MobileGo Aims To Score With Esports appeared first on Crypto Briefing.

2 months ago

We’re excited to announce we've reopened our Ambassador Prog...

We’re excited to announce we've reopened our Ambassador Program and are looking for individuals to represent POA Ne… https://t.co/ekTW61b0oS

2 months ago

Igor @barinov presenting POA Network, xDai Chain and the fut...

Igor @barinov presenting POA Network, xDai Chain and the future plans and roadmap for 2019 at #EthereumMeetup in Be… https://t.co/6xapKuK35W

2 months ago

Constantinople here we come! Our new #Mana client (a collabo...

Constantinople here we come! Our new #Mana client (a collaboration between POA Network, @compoundfinance , and… https://t.co/SbmQq8YgyA

2 months ago

Everdragons Is Expanding to Tron, Will Launch With Special Offers

The Everdragons platform will soon expand to the Tron Blockchain. The blockchain based gaming platform announced that it has been looking into the Tron blockchain for some time and jumped at the chance to integrate when it became available. What Did Everdragons Say? In a Medium post, Everdragons co-founder Jacqueline noted: “We are excited to announce that we are expanding the Everdragons platform to TRON. As we shared with our community, we have been looking into TRON for some time, and as soon as the opportunity to integrate the chain became available, we jumped at the chance!” She noted that Tron had been chosen because of its quick growth in the dApps market. They have a scalable solution and fast transactions as well enabling an uninterrupted gaming experience. Tron also provides options for players to enjoy free transactions and allows developers to create more complex smart contracts. She said that Tron also has a big user base and that the Tron foundation is also very accessible, which makes it a good choice for the developers. Everdragons has been working on Tron for a few weeks and is expected to announce a launch date soon. It will likely announce special offers and discounts for the users as well. Is It a Win for Tron? Everdragons is not new to blockchains. It was previously working on Ethereum, but because of network congestion issues, it moved to the POA network this August. Cryptokitties and fcoin were causing clogs in the Ethereum blockchain which was a red flag for the game developer. They chose POA because it works as a standalone blockchain as well as an Ethereum sidechain. It has a block time of 5 seconds, making it three times as fast as Ethereum. As Everdragons is now coming to Tron, the blockchain can expect more user adoption. The popular game’s arrival on the blockchain will make a strong case for Tron as a trusted network for content creators and distributors. Everdragons Is Expanding to Tron, Will Launch With Special Offers was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2 months ago

With the Kenya project, POA Network has helped @Bancor minim...

With the Kenya project, POA Network has helped @Bancor minimize transactions costs drastically to a negligible amou… https://t.co/Pxekc1t8Q5

2 months ago

Everdragons, a Blockchain-based Game Unveils Plans to Expand to TRON

Everdragons recently announced that it intends to expand to the TRON (TRX) network. According to the announcement, the Everdragon team has been working on TRON quietly for several weeks, and it has a launch date that it would reveal soon. Also, the platform would launch with distinctive offers and discounts with other new games to follow. This news comes after Everdragons decided to shift from the Ethereum (ETH) blockchain to POA network (POA) to develop a more scalable system. By joining the TRON network, the game would benefit from a more scalable chain that facilitates faster transactions and uninterrupted gaming. (KE)

2 months ago

POA Monthly Update! 🌉ERC20 to ERC20 TokenBridge 🍯Honey Badge...

POA Monthly Update! 🌉ERC20 to ERC20 TokenBridge 🍯Honey Badger BFT Update 🚆#Görli Testnet on #BlockScout ...And more… https://t.co/GyKnPI4UYW

3 months ago

World Open Network (WON) to Build Blockchain-Based Community That Provides Real Products and Services

World Open Network (WON) aims to build a global community that is open, sustainable, diverse, innovative, good for society, and thrives via positive values. WON believes this vision is achievable via the utilization of blockchain technology, and has already secured USD 15.5 million of funding to make this a reality. The team behind WON has strong connections in the gaming industry, and will use their expertise to spread WON to video gamers worldwide before expanding into other mass consumer markets. The native cryptocurrency of WON will be W, a total of 1 billion W will be 100% pre-mined, and no more will be printed after the genesis event. This will ensure that W does not consume any electricity due to mining, making it environmentally friendly. W will be leveraged to nurture and grow the WON ecosystem. W will be launched on the World Open Blockchain (WOB), which uses Byzantine fault tolerant Proof of Authority (PoA) and dynamic sharding. The WOB will be highly scalable, and will be able to handle millions of transactions per second once lightning channels are integrated. WOB will be 100% know your customer (KYC) and anti-money laundering (AML) compliant, to protect users and to ensure that applications launched using the WOB are trustworthy. Users can launch their own tokens on the WOB but will not be allowed to do ICOs, airdrops, pre-sales, or to make security tokens, which are considered negative activities by WON. The value of W and WOB tokens will be dependent on the value of services and products on the WOB, and speculation will be discouraged. This encourages developers to boost productivity and creativity to increase the demand for their applications and services, which simultaneously encourages users to actively participate in the WON community. Basically, WON is trying to build a blockchain community that is free of hype cycles and pump and dumps, and actually focuses on blockchain and cryptocurrency adoption instead of just investment to get rich quick. Developers will be rewarded with W to incentivize the creation of useful applications and services. Further, developers will receive a fraction of the transaction fees from the users they bring into the WON ecosystem. WON will attract popular brands and services into the ecosystem by offering sign-on bonuses paid with W. The World Open Marketplace (WOM) with integrated API will facilitate the buying and selling of services and products, and can be compared to a blockchain-based version of Amazon. The WOM will help fuel the WON economy, by providing a streamlined way for developers and users to launch storefronts to make money. In Q4 2018, the W genesis event will occur, and the WON website and mobile app will be launched. The first 3rd party gaming developer will be signed on as well, and they will develop a crypto-enabled game that integrates WON. In Q1 2019, WON will add Lightning channels, which will ensure infinite scalability. The strategy of WON long term will be to attract 3rd party developers, and to expand to as many markets as possible, while simultaneously being 100% compliant. 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: 1won.com The post World Open Network (WON) to Build Blockchain-Based Community That Provides Real Products and Services appeared first on BitcoinNews.com.

3 months ago

4 Blockchain-Based Projects Which Solve Real-World Issues

From autonomous robots to wealth management: here are four promising startups at the end of 2018. ICO projects with no real use are just not attractive to investors anymore. According to ICODATA $150 million were raised through the month of October 2018 in token sales. That’s a substantial decline from the $1.5 billion raised in January the same year. “The blockchain space is getting to the point where there’s a ceiling in sight,” - claims Ethereum co-founder Vitalik Buterin. According to him, the next step will involve “real applications of real economic activity.” Regardless of the statements, as well as the hopes that the last part of 2018 will bring a return to practicality, it’s quite challenging for projects to stray away from the information noise. Hence, we’ve decided to pick out four notable blockchain-based projects which are yet to gain momentum in the media, despite providing solutions to actual issues. Ronomics Network Problem: the ever-increasing complexity of supply chains, production, as well as urban life which is getting hard to handle Solution: enable users to order goods, as well as services, from autonomous robots which work hand-in-hand with each other. Robonomics Network represents an Ethereum-based network infrastructure which is designated for the integration of robotic factories within the industry and within smart cities. Ever since 2015, an experienced team of scientists and blockchain developers in Russia have been working on a solution which will enable autonomous robots to cooperate in between themselves, making economic and efficient decisions without any additional human intervention. The main purpose of the network is to control, distribute, and provide services by using cyber-physical systems. The network is adaptable to the needs of people and it’s built on the basis of currently existing market mechanisms. By expanding the existing capabilities of the basic communication protocol, autonomous robots are actually able to interact with the abovementioned market mechanisms and with other contractual obligations. As such, the project is designated to provide the necessary tools for the designers of new cities, industrial zones, and to provide the user with a direct access to ordering products and services. The platform is also capable of solving issues and challenges of global importance. In 2017, the world’s first international blockchain-based transaction for the transfer of carbon units was conducted using Robonomics, with technical support from Microsoft. Yet another of the applications of the platform can be outlined when it comes to combating wildfires. Disasters such as the one we had to witness in California this year could very well be avoided if the authorities used the unmanned Robonomics-based drones which are used to monitor forests with thermal cameras. This system is able to work throughout the entire year and has been tested successfully. Cyclebit Problem: limited capability to spend digital currency in everyday life limits the growth of the entire industry Solution: to enable stores as well as cafes to become merchants of cryptocurrencies The wide majority of existing merchants don’t yet accept cryptocurrencies. This is due to the volatility of the market, the lack of an existing payment infrastructure and their overall inability to be used within quick microtransactions. Cyclebit believes that massive price fluctuated could be easily mitigated by the overly widespread ownership and usage which is facilitated by providing easy ways to pay with digital currencies. The startup has managed to come up with a solution which enables any point of sale to install a simple IOS and Android-supported application which runs to receive cryptocurrencies as simply as it does fiat money. The application also facilitates payments from online cryptocurrency payments. The solution is currently being deployed across 130 different Nostrum coffee shops throughout Spain where customers can now buy a cup of latte with BTC. The startup has managed to access a working ecosystem brought by Ibox - an omnichannel payment platform which has over 200,000 point-of-sales which are marked for imminent roll-out. IOTW Problem: PoS and PoW algorithms hinder micro-mining and suffer from centralization Solution: use the Proof of Assignment algorithm to make mining possible on IoT devices IOTW represents an IOT blockchain infrastructure which brings instantaneous throughput that’s achieved through Proof of Assignment protocol. This is what enables micro-mining as well as instant transactions on all of the connected devices without the need for any extra hardware. This allows blockchain to step through in the household industry and business. PoA allows the network to speed up which is what makes it better for IoT devices. It also eliminates the centralization issues of PoW and PoS. The Block Witnessing Protocol provides an additional layer of security for the network compared to existing blockchai

3 months ago

POA Network releases TokenBridge for easy ERC20 to ERC20 exchanges

CryptoNinjas POA Network, the Ethereum-based platform offering an open-source framework for smart contracts, has released the world’s first universal open-source ERC20 to ERC20 bridge. TokenBridge, the simple two-way bridge for ERC20 tokens, enables any project... POA Network releases TokenBridge for easy ERC20 to ERC20 exchanges

3 months ago

#LindaX operates on the PoA (proof of authority) algorithm, ...

#LindaX operates on the PoA (proof of authority) algorithm, enabling more than 179 transactions per second. … https://t.co/qlafaz7lxQ

3 months ago

Blockchain Project Launches Ethereum-like Token Development Platform

Token development platform seeks to launch Ethereum like Blockchain with increased speed, low development costs, and improved security. With the rise in popularity of the Blockchain, more companies are becoming eager to break into the market with their own technology and proprietary cryptocurrency. However, savvy entrepreneurs no longer rush into issuing tokens and launching ICOs without viable use cases to sustain their business model or their project’s unique value proposition. Tokens can be used by a company for many different purposes. They can act as a payment method, they can be used to build customer loyalty, they can speed up internal processes, and more. However, choosing a platform to create a token can be a challenging process. This is where LindaX enters the scene. As opposed to most exchanges that operate on the Ethereum platform, the LindaX network aims to become Ethereum’s successor by adopting an array of protocols. Developed for enterprises, corporations, LLCs and vetted companies, LindaX adheres to consortium models that outline specified on-chain behavior and aesthetics. Scalable token creation with a developer support system at your fingertips Unlike Ethereum’s ERC20 platform - which can only handle 6 transactions per second - the LindaX Blockchain leverages more efficient development tools, as well as a developer support system to cut back on the added costs of creating a utility token. LindaX operates on the PoA (proof of authority) algorithm, enabling more than 179 transactions per second. This way, companies that want to create a token on the platform will benefit from faster, feeless transactions. The conventional PoW (proof of work) algorithm demands expensive mining equipment to make sure the network stays secure. LindaX relies on verified validators - the companies and corporations - to validate network transactions, thus putting company owners in full control of their proprietary utility token. Improved security and scalability with the PoA consensus To secure the network, LindaX leverages the Proof of Authority (PoA) algorithm, which doesn’t involve any mining or staking. The consensus depends on “validators” to make sure added transactions to the block are validated, processed, and properly executed. Furthermore, PoA doesn’t rely on nodes to solve complex math problems, but on “authorities”; which are nodes permitted to develop new blocks and keep the blockchain secure. A token development platform that goes beyond Ethereum As a token development platform, LindaX targets Blockchain developers as well. “Trajectory”, the project’s TestNet, is a testing network where developers can deploy and test LindaX’s progress and advancements. Trajectory allows contract and Dapp testing without an added cost, enabling developers to stay focused on development. The purpose of the network is not to become an asset but a scalable development platform that streamlines access to LindaX’s Mainnet, “Orbital”. Used to power LindaX, Orbital leverages the PoA consensus protocol that demands all Dapps and contracts published on the mainnet to be analyzed and approved first before being publicly deployed. In the future, LindaX seeks to expand and grow into an international token development platform. At this point, the team is focused on creating partnerships with trusted corporations in order to bring in more tokens onto the platform. LindaX has completed its pre-sale earlier in August, with over 3 million LX tokens sold in the first 12 hours. The testnet, mainnet, and proprietary wallets are currently under development and will be released prior to the launch of LindaX’s public token sale. Image: Pixabay The post Blockchain Project Launches Ethereum-like Token Development Platform appeared first on NewsBTC.

3 months ago

Ethereum [ETH] network will help countries with emerging economies, says creator of Burner wallet

The release of the new Burner wallet developed by Austin Griffith, Director of Research at GetGitcoin, was announced today, November 10, on Twitter. The open-source project supposedly aims to help drive mass adoption of Ethereum using the xDAI sidechain. Austin Griffith, a software engineer, and a Bitcoin enthusiast, said that the project would help countries with emerging economies become decentralized using the Ethereum network. He stated in a blog post: “These emerging markets are where we should focus our onboarding efforts. This is where Ethereum has the most potential to impact the world now.” He substantiated his aim by noting that it is hard to find important goods in emerging currencies with traditional currencies due to the fact that the value of their currencies fluctuate violently. He further stated that the exchange of value is one of the best aspects of the Ethereum space. The wallet is called “Burner Wallet” and works using the PoA [Proof of Authority] protocol on the xDAI sidechain to convert tokens from one chain to another. The transaction happens in under five seconds and gas costs are virtually zero. The post quoted: “One mobile phone can send DAI to another in 5 seconds with a simple QR code scan without any wallet download, this works on web browsers. Users can even send value through messaging services like WhatsApp with a simple link!” The wallet is meant for transferring or exchanging values in day-to-day transactions because a burner is generated automatically upon visiting the official website “https://xdai.io”. Since the private key is stored in a cookie, it’s not secure, so it is recommended to sweep the remaining cash into a private key and burn the private key. A Twitter user, Matt Garnet, commented: “Are the private keys encrypted in the cookie?” Austin Griffith replied to the comment saying: “Nope. These are burners. Don’t put very much money in them and burn them when you’re done. It’s all about ease of use.” The post Ethereum [ETH] network will help countries with emerging economies, says creator of Burner wallet appeared first on AMBCrypto.

3 months ago

Amazon and ConsenSys-Built Kaleido Launches Full-Stack Marketplace

Blockchain software-as-a-service (SAS) project Kaleido has launched a marketplace to provide its users with a “full-stack enterprise platform.”Their “Blockchain Business Cloud” now features a “new marketplace [of] trusted tools and services from Kaleido, AWS, and members of the new partnership program, all offered as plug-and-play.” The suite of services will feature oracles, wallet and ID services, supply chain tools and even legal contract software.According to a company statement, “Clients now have access to native AWS integrations, popular services such as HD wallets for privacy and ID registries for organizational identity, as well as industry products such as Chainlink for smart contract oracles, Viant for supply chain management, OpenLaw and Clause.io for real-time legal contracts, and many others—all at the click of a button.”Kaleido, which went live in May 2018, is one of many managed by ConsenSys. Built on Ethereum, the platform is a hybrid blockchain that allows enterprises to manage a private chain that can sync with the Ethereum mainnet, housing “several consensus algorithms (RAFT, POA, and IBFT) that its users can toggle between.” The software-as-a-service is available on Amazon Web Services (AWS), and it runs on AWS’ cloud framework.Since its launch, the press release claims that “Kaleido has helped organizations create over 1,000 blockchain networks with its Blockchain Business Cloud.” “The reality is only about 10 percent of an enterprise blockchain project is the blockchain itself. There are many other application, data and infrastructure components required to go into production. I’m very excited that we have a whole cloud of blockchain technologies pre-integrated for our clients to use. The Kaleido Marketplace is a one-stop shop for all things enterprise blockchain,” founder and CEO of Kaleido, Steve Cerveny, said in light of the announcement. Kaleido is also launching a partnership program integrated with the marketplace, inviting third-party developers “to join the ecosystem by promoting their offerings in the Kaleido Marketplace, embedding Kaleido in their own blockchain solutions, or accelerating client engagements by using Kaleido.” This article originally appeared on Bitcoin Magazine.

3 months ago

A great tutorial from @kauri_io on writing smart contracts a...

A great tutorial from @kauri_io on writing smart contracts and deploying to POA Network. Very useful for any projec… https://t.co/rTwvwW2QrG

3 months ago

We are happy to announce that POA Network is now live on Del...

We are happy to announce that POA Network is now live on Delta Direct! All the latest POA Network updates will now… https://t.co/fpahhFA4Uz

3 months ago

The new OmiseGo (OMG) Plasma TestNet has its First Live Dapp: Plasma Dog

Following the recent successful launch of OmiseGO’s (OMG) new Plasma MVP testnet, the platform has announced its first live proof-of-concept game utilizing the layer 2 scaling solution being developed on the Ethereum network. The game is called Plasma Dog, and is a blockchain-based decentralized application (dapp) game created by Hoard that is a “Simple, retro 2D-platformer that allows true ownership of in-game assets.” The game leverages OmiseGO’s internal testnet for validation while OmiseGO acts as the Plasma Chain Operator using a proof-of-authority (PoA) scheme. (JF)

3 months ago

Ethereum’s MetaMask Wallet Shares the Mobile App Release at DevCon

CoinSpeaker Ethereum’s MetaMask Wallet Shares the Mobile App Release at DevCon First launched in 2016, Metamask has only been accessible through browser extensions on Chrome, Brave, and Firefox and was restricted to mobile users. This meant that it worked like a bridge between normal browsers and the Ethereum blockchain. The browser extension is mainly popular amongst Ethereum and ERC-20 users due to its simple user interface and its ease to handle decentralized applications (dApps) requests. For many years, MetaMask users have been asking for a mobile client of the wallet, as the vast majority of Ethereum users have started to rely on MetaMask as the main ETH and token wallet. During this major conference, hosted by Ethereum Foundation, the founder and CEO of ConsenSys, Joseph Lublin, finally announced the launch of the mobile user interface. He also wrote at his Twitter page: “The @metamask_io mobile app was just announced at #Devcon4! Everyone’s favorite #Ethereum browser extension is coming to your phone. The team is focusing on not being ‘just a wallet’, but a portal to the world of all things #blockchain.” Metamask Mobile, lays on the industry belief that mobile phones are more secure than desktop computers due to their architectural designs. Most cryptocurrency users already have a preference for mobile wallets and this will enable users to have full control of their funds. Although, users will have to take responsibility for their private keys (or passwords). Storing that on a cloud seems now pretty insecure. MetaMask communicates with the Ethereum ledger through a system called Infura. This means that it trusts other computers to keep it up to date with the Ethereum network. Full node systems are generally preferred to systems that involve trusting middlemen like Infura. The added feature that is bundled with Metamask mobile is the dApp support. With it, users can interact with different decentralized applications that they couldn’t do. The mobile client will be able to function as a dApp browser or a “Google Play Store for dApps.” Also on MetaMask mobile, users can run various dApps such as CryptoKitties by connecting the wallet to the dApp to seamlessly process information on the Ethereum mainnet. Some dApps you can also explore are Digital art, where auctions are held and users can buy and sell unique collectibles. Also, there is, built by gamers, Blockchain arcades where gamers can use Ether and tokens to enter video game tournaments. Metamask Joining The Big dApp Company Until now, there were only several dApp browsers available on the market, including some backed by large organizations. In July, leading cryptocurrency exchange Binance, bought the Trust Wallet, a secure and intuitive mobile wallet that supports Ethereum’s ether (ETH), GoChain (GO), Wanchain (WAN), Ethereum Classic (ETC), POA Network, (POA) VeChain (VET), and TRON (TRX). Coinbase also has its own cryptocurrency wallet and dApp browser, the Coinbase Wallet that is set to also support other popular cryptocurrencies like bitcoin, bitcoin cash, and litecoin. Earlier this year, Opera introduced a mobile browser for Android devices with a built-in cryptocurrency wallet. A version of the wallet has been added to its desktop browser. In July, Metamask announced its removal from the Chrome Web Store, the reasons for which were not explained. Several hours later, it was listed again. While MetaMask was delisted, an Ethereum-based prediction market protocol Augur, which recently got under fire for speculating on death benefits, warned users to not download the MetaMask extension that was actually present in Google Chrome’s store, as it was a fake application. Even though it got listed only few hours after, there never came an explanation for this event. Ethereum’s MetaMask Wallet Shares the Mobile App Release at DevCon

3 months ago

Auxilium

Auxilium is a philanthropic, green cryptocurrency and the first cryptocurrency with PoA, AID platform and smart contracts, which makes Auxilium near limitless in functionality, making it less sensitive to 51% attacks. Auxilium is listed on CoinMarketCap and being traded at Mercatox and BitBTC. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram. Auxilium is airdropping 250 AUX tokens (~$ 0.85) to 4,000 airdrop participants. Current price: 1 AUX = 0.003324 USD How to join? Go to the Auxilium AirDrop form. Follow Auxilium on Twitter & Retweet the pinned Tweet. Get your Auxilium address by downloading the AUX Desktop wallet or use an AUX address from Mercatox. Submit your AUX wallet address and other details to the AirDrop form.

3 months ago

Decentralization: Cryptocurrencies and Solar Energy

Humanitarian Blockchain a BitcoinNews.com series Part 5: Decentralization: Cryptocurrencies and Solar Energy Rural Africa has sun in abundance, but many across the continent are without electricity, impacting on their access to basic human rights such as health, education, and security. Economic development is strangled and breaking out of poverty is all but impossible without it. More than 1 billion people on the planet suffer from this dilemma. Bitcoin News examines how cryptocurrency together with blockchain is being utilized across the globe by a handful of companies in an attempt to deal with this problem. Earlier this year, Sun Exchange, a solar micro-leasing marketplace, linked with rural mini-grid solutions provider AfricaPowerhive to create a solution which would harness the crypto-economy in the quest for universal energy access for all. Sun Exchange SUNEX digital rewards tokens create the funds for building solar-powered rural electrification mini-grid projects for the sub-Saharan African region. Powerhive benefits from funds generated from the sale of Sun Exchange’s SUNEX rewards tokens by public sale. The project also allows for the solar panels used to be sold off later to Sun Exchange members who will, in turn, own the cells used in the projects and subsequently profit from a sustained period of “solar-powered money”. Sun Exchange founder and CEO Abraham Cambridge explains why: “Together, we are working towards a world where no one is forced to cook with unsafe kerosene or wood-burning stoves, no child has to worry about how they will study after dark, and lack of energy access ceases to propel cycles of poverty.” The project will raise in the region of USD 23 million as capital and finance 150 new projects offering 175,000 people electricity. Powerhive has other projects underway in Africa, such as its Kuku Poa initiative which uses solar power for chicken incubation. Powerhive founder and CEO Christopher Hornor explained that the crypto-community is not simply in it for financial gain and is made up of “inspired individuals” who support crypto projects such as this that clearly work towards reducing global inequality and making a significant climatic impact. Cryptocurrency and solar energy can be a perfect match; complimentary in the sense that they both represent their own interpretations of decentralization; one in the form of money, and the other in the form of energy. SolarCoin is an example of this match with its 97.5 billion non-circulation SolarCoins created to be granted to energy producers up until the year 2054. As SolarCoin explains, “in the Middle East today it is two times cheaper to produce a unit of power with solar energy than with fossil fuel sources”. The company’s goal is to create more solar electricity by rewarding those who generate it, reducing both the cost and payback time of solar installation. The SolarCoin Foundation issues SolarCoins directly into claimant’s wallets at a rate of 1 SolarCoin per 1 MWh of electricity produced. Claimants can then save, exchange, or spend their SolarCoins as they wish, and may receive ongoing grants. This year, Sun Exchange in South Africa, Solar View in Brazil, and Solar Gain in Chile have all joined the SolarCoin Affiliate programme, and the foundation itself is now a member of the Climate Chain Coalition for Sustainable Development Goals (SDGs). Also just recently MySolarPay has joined the SolarCoin Affiliate Network to help increase Solar adoption in Australia. The current circulating supply of SolarCoin stands at 47,757,794 SLR. Bitlumens based in Zug, Switzerland, is another company making a difference on the solar energy stage. It states that it can... “offer a peer to peer platform where users adopt off-grid Solar systems to reduce carbon emissions and get access to lighting and water in places where there is no power grid.” Bitlumens has a unique approach and is there in the field transforming lives and creating confidence amongst those in local communities to strive for a better quality of life. Working in rural Latin America it is attempting to remove the dependence on kerosene and wood, and replacing these with affordable clean energy options. The company website describes some of the problems the company is addressing: “A single kerosene lamp emits over 100 kg of CO2 per year when used four hours a day. Globally, burning kerosene for lighting generated 240 million tons of CO2 equivalent a year, around 0.5% of global emissions. In fact, just kerosene lamps replaced in Africa and Asia with solar panels saved 1.4 million tons of CO2 equivalent in 2014 alone. Moreover, on a general basis, burning 20 kg wood during one day emits about 200 grams of PM2.5, this equals smoking 10,000 cigarettes” Women in the programme lease Bitlumens hardware and pay in installments using BLS tokens, allowing them to build a credit score. Family members are also able to buy tokens which they can then send to family to cover the costs to ru

4 months ago

This week in Crypto: Elon Musk, Bakkt, Tron, China, Coinbase, Binance, Bitcoin and XRP

Quite a lot happened this week with the cryptocurrency market still struggling to maintain a steady price and not going up much. This is a roundup of activities in the crypto space for the week 21 to 27 October 2018. Elon Musk’s Tweets Bitcoin On Monday, Elon, who is the CEO of Tesla and founder of SpaceX, shot out a tweet stating that he loved anime. He then followed it up with a nice anime image with a huge Bitcoin logo on it. The tweet read, ”Wanna buy some Bitcoin?” The tweet went viral and attracted various influential Twitter users, the founder of Binance, Zhao Changpeng joined the thread and offered to buy a Tesla car if the company can accept crypto payments. Bakkt Sets Launch Date For Bitcoin Futures The plan to launch a platform to attract institutional investors into the cryptocurrency industry is no longer news. No date was announced for the official launch from the start though. This week, Bakkt announced through a notice released by its parent company Intercontinental Exchange that the official launch of its Bitcoin futures will be on 12 December 2018. The notice which was dated 22 October said: “ICE Futures U.S., Inc. will list the new Bakkt Bitcoin (USD) Daily Futures Contract for trading on Wednesday, December 12, 2018. The Bakkt Bitcoin (USD) Daily Futures Contract is a physically-settled daily futures contract for bitcoin held in Bakkt LLC, ICE’s Digital Asset Warehouse, and will be cleared by ICE Clear US, Inc.” Bakkt’s Bitcoin futures launch is one of the milestones expected to turn the fortune of Bitcoin around before the year runs out. Tron This week, Tron’s Justin Sun donated $3million to Binance to support Blockchain Foundation charity, a gesture that was well appreciated by the company. The donation may not be unconnected with the recent agreement between Sun and CEO of Binance to work together in promoting the use of blockchain. Tron has also made some progress this week with its gaming dApp Tronbet hitting a high of 200 million TRX in payouts. The company is also spearheading the complete decentralization of the internet with its revolutionary web 3.0. Following the launch of its “Tronlink” users can now access the Tron blockchain via their browsers. With these new products, it is not surprising that the company intends to dominate the content industry with more products to come. China A Chinese court, Shenzhen Court of International Arbitration this week officially ruled that merchants in China can accept Bitcoin as a means of payment in the country. According to a report, part of the ruling stated that: “CN law does not forbid owning & transferring bitcoin, which should be protected by law because of its property nature and economic value.” Finally, crypto enthusiasts and investors in China can carry BTC freely and even use it as a means of payment. What a progress. Coinbase Coinbase exchange is to announce its first Initial Public Offering (IPO) soon. This announcement was contained in a tweet within the week. According to a report by Cointelegraph, details of the IPO were scheduled to be released on Friday 26th. The company has also been authorized to offer custody services for all the top cryptocurrencies. Coinbase had earlier been ranked as the safest crypto exchange in the world, which may be why the New York State Banking Law could trust its Coinbase Custody with huge funds of users. The exchange also added USDC token to its list of supported tokens this week. Binance It seems Binance is serious about its charity ambition as the world’s largest crypto exchange launched a blockchain donation portal at UN conference in Geneva within the week. Justin Sun had made a donation to this cause at the same conference. Meanwhile, Binance also announced that its Trust Wallet now supports Tron (TRX) as one of its crypto assets. The wallet which is supported by both Android and iOS devices currently supports Ethereum (ETH), GoChain (GO), POA Network (POA), Callisto (CLO), Ethereum Classic (ETC), Wanchain (WAN) and VeChain (VET), TRON (TRX) and all ERC20, ERC223 and ERC721 tokens. Bitcoin Despite the unstable market, Bitcoin (BTC) showed a lot of stability this week. The stability was so strong that Bitcoin went up by 1% within the week while Dow and Nasdaq went down. Safe to say Bitcoin is less volatile than the two! Another big thing, a brand new token to be launched on the Ethereum blockchain is to be fully backed by Bitcoin. The token is to be launched with support from Kyber Network, Republic Protocol and BitGo. Some Ethereum-based projects have also pledged their support to ensure adoption of the token when it is released. This is a big step for Bitcoin that will help to renew its relevance in the everchanging crypto space. Ripple (XRP) Ripple report for the third quarter of 2018 revealed that sales have doubled within the quarter, selling up to $163 million in XRP during the time. This figure roughly doubles the Q2 total sales of $73.53 million, suggesting that market vo

4 months ago


News courtesy of berminal.com
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