POA Network POA

$0.0275
Market Cap $ 6.051 MM (#315)
24h Volume $ 161.339 K
Chg. 24h: -1.94%
Algo. score 3.7/5  (#108)
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POA Network News

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

5 days 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

7 days 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.

8 days 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

8 days 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)

8 days 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

11 days 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.

13 days 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

14 days 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

16 days 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

21 days 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.

22 days 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.

a month 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.

a month 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

a month 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

a month 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)

a month 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

a month 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.

a month 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

a month 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

a month ago

TRON (TRX) is Now Supported on the Trust Wallet Backed by Binance

In an announcement on the 26th of October, the team at Trust Wallet informed the crypto community that they had added support for the Tron (TRX) blockchain. All users of the wallet can now access and store TRX on the multi-coin wallet that is available on iOS and Android. As the wallet evolves with time, it currently supports the following digital assets: Support for Ethereum (ETH), GoChain (GO), POA Network (POA), Callisto (CLO), Ethereum Classic (ETC), Wanchain (WAN) and VeChain (VET), and TRON (TRX). All ERC20, ERC223 and ERC721 tokens. Planned support for Bitcoin (BTC), Litecoin (LTC), and Bitcoin Cash (BCC) by end of the year The addition of Tron (TRX) is a step in the right direction for both the Tron and Trust Wallet projects. TRX is one of the most popular digital assets with its blockchain having over half a million accounts at the moment of writing this. In terms of daily transactions, the Tron blockchain has exceeded those of Bitcoin, Ethereum and XRP on an individual basis. Backed By Binance The cryptocurrency exchange of Binance acquired the Trust wallet back in July this year to provide better service and to enhance the safety for all users of the exchange. In the announcement about the acquisition, the team also added the following plans of its use it with the future Decentralized Exchange by Binance: The acquisition of Trust Wallet will add an on-chain mobile wallet to the list of Binance services with other future integration possibilities. The Trust Wallet brand and team will retain the autonomy and freedom to develop the core product while benefiting from the increased synergy from Binance, including the broad user base and the upcoming DEX. What are your thoughts on the Trust Wallet adding support for the Tron Blockchain? Please let us know in the comment section below. [Image courtesy of medium.com/@trustwallet] Disclaimer: This article is not meant to give financial advice. Any 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 TRON (TRX) is Now Supported on the Trust Wallet Backed by Binance appeared first on Ethereum World News.

a month ago

Tron [TRX] Aiming for 1 Million Daily Transactions while Binance-backed Trust Wallet Adds Support

Currently, in the green, Tron (TRX) recently reached 901,408 daily transactions while the address growth is on a constant rise. Meanwhile, Binance-backed Trust wallet adds support for Tron while Bitcoin (BTC), Litecoin (LTC), and Bitcoin Cash (BCH) will be added by end of the year. Tron Progress In the past 14 days Tron network is constantly making progress as evident from the fact that a couple of days back, it achieved 901,408 daily transactions. Tron daily transaction, Source: https://tronscan.org/ With a 2.07 percent rise, Tron is trading at $0.0234 at the time of writing. Reaching 3557086 block height, the online nodes are also making its way to 1000 at 865. Meanwhile, the 11th ranked cryptocurrency’s address growth is also on a rise with total accounts at 531809: Source: https://tronscan.org/ Tron is also popular on Twitter as CoinTrendz shares the top mentions: Top 10 Mentions on Twitter in the last hour - $TRX $BTC $ETH $XRP $LTC $NEO $ADA $XLM $EOS $BCH pic.twitter.com/EORPnhx6ap — CoinTrendz.com (@CoinTrendz) October 27, 2018 Another positive news came into the form of Trust Wallet adding support for Tron blockchain as the official announcement reads, “Today we are proud to announce our integrations with TRON(TRX). All Trust users will now have access to TRX coin in the multi-coin wallet — on iOS and Android — and we are very excited to welcome new users into the Trust family.” Binance-backed Trust Wallet currently supports Ethereum (ETH) and all ERC20, ERC223, and ERC721 tokens, along with GoChain (GO), POA Network (POA), Callisto (CLO), Ethereum Classic (ETC), Wanchain (WAN), and VeChain (VET), and TRON (TRX). Furthermore, support for Bitcoin (BTC), Litecoin (LTC), and Bitcoin Cash (BCH) will be added by end of the year. The post Tron [TRX] Aiming for 1 Million Daily Transactions while Binance-backed Trust Wallet Adds Support appeared first on Coingape.

a month ago

Binance-Backed Trust Wallet Expands with Support for Tron (TRX)

Trust Wallet, which describes itself as an Ethereum and ERC20 wallet, has expanded to include support for Tron (TRX). According to the announcement, which was tweeted by Trust Wallet backer Binance: “Trust users will now have access to TRX coin in the multi-coin wallet — on iOS and Android — and we are very excited to welcome new users into the Trust family.” In addition to TRX, Trust Wallet supports ETH, GO, POA, CLO, ETC, WAN and VET. Trust Wallet also has plans to add support for leading cryptocurrencies BTC, LTC and BCH by the end of the year. (GT)

2 months ago

Blockchain Game ‘Everdragons’ Moves From Ethereum to POA Network

Everdragons, a blockchain-based gaming platform that’s built around unique collectibles, has made the decision to move from the Ethereum (ETH) blockchain to POA Network (POA), in order to build a more scalable system. 🔥 We are officially live on POA 🔥 Move your Ethereum dragons to POA now and enjoy the super fast, cheap transactions!

2 months ago

Latest POA Network updates including: - #BlockScout release...

Latest POA Network updates including: - #BlockScout release - @Honey_DEX building on POA Network - Partnering with… https://t.co/5tBnTUc4q8

2 months ago

@technocrypto @avsa Security in public networks is a functi...

@technocrypto @avsa Security in public networks is a function of time and money as arguments. POA consensus protec… https://t.co/pIF3fZzf5t

2 months ago

"The ChainSecurity team found that POA Network is a very wel...

"The ChainSecurity team found that POA Network is a very well-coded complex system with clean documentation." 💪💪💪 https://t.co/FAJjgKfGiX

2 months ago

Upgrades to the POA Core network are live! 🎉🎉🎉 After thoroug...

Upgrades to the POA Core network are live! 🎉🎉🎉 After thorough testing on Sokol, we have implemented enhanced on-cha… https://t.co/qnQrU7LePz

2 months ago

CoinReport First full featured open-source Ethereum block explorer BlockScout launched by POA Network

The Ethereum-based platform providing an open-source framework for smart contracts, POA Network, has launched the first full featured open-source Ethereum block explorer called BlockScout. A user-friendly and secure tool, BlockScout allows for users to search and explore balances, addresses and transactions on the POA Network, Ethereum Classic and Ethereum blockchains. Being the next generation of

2 months ago

POA Network launches xDai USD-stablecoin blockchain with MakerDAO

CryptoNinjas POA Network, an open Ethereum sidechain with Proof of Authority (PoA) today announced it has launched the first-ever blockchain where the native asset of the chain is USD based. xDai Chain, an Ethereum compatible sidechain with Dai... POA Network launches xDai USD-stablecoin blockchain with MakerDAO

2 months ago

@merkle_tree @ziggydakid @MakerDAO POA is in production sinc...

@merkle_tree @ziggydakid @MakerDAO POA is in production since December 2017, POA bridge since May 2018. xDai Chain… https://t.co/TG9h41qbBT

2 months ago

OmiseGO Close To Completing Plasma Integration

OmiseGO, one of the most popular projects on the Ethereum network, recently announced important advances in Plasma development and integration. In the monthly Community Update, the OmiseGO team explained that during the last month they made a series of significant advances in the development of applications based on Plasma technology. The project, which the OmiseGO team calls “Tesuji Plasma” would be the first plasma iteration and is of particular relevance since it provides the basis for the building of future iterations. They mention in the post that they have already achieved the successful development of all the elements necessary to meet the objectives set out in their roadmap: Proof of Authority run on OmiseGO servers Exit to Ethereum for final safety CLI (command line interface) to monitor the child chain Multiple currencies (initially this means ETH and ERC-20) Atomic swap support Despite the optimism, the team hinted that the developments are not yet mature enough to be officially implemented, even though every single milestone already has an impressive degree of completion: The first four (PoA, exits, CLI, multiple currencies) are done and on internal testnet. Atomic swaps are a feature, not infrastructure, so although they are among the list of goals they are not a necessity for launch. When the time comes, we’ll go ahead to regardless of whether atomic swaps are ready to go. The OmiseGO development team mentions that to facilitate the work, they divided efforts into two stages: Minimum Viable Plasma (MVP) which is a kind of basic implementation and More Viable Plasma (MoreVP) which is more user-friendly and entails a higher level of elaboration. Another significant development was the successful implementation of a series of libraries that allow the creation of smart contracts on OmiseGO’s Minimum Viable Plasma (MVP) platform. It is expected that all testing will enable the implementation of a more refined library in MoreVP soon. Other announcements were the release of an eWallet, a Plasma Workshop, and several events in which they presented the platform more than anything else in the Asian continent. The post OmiseGO Close To Completing Plasma Integration appeared first on Ethereum World News.

2 months ago

We are excited to announce that POA Network has partnered up...

We are excited to announce that POA Network has partnered up with @MakerDAO to launch xDai Chain! This new chain w… https://t.co/QwOqAwPsdF

2 months ago

Excited to have @ethstatus support and allow access for both...

Excited to have @ethstatus support and allow access for both POA Network and xDai Chain for the Status Hackathon… https://t.co/BabqEjclp6

2 months ago

POA Network's @andrew_cravenho presented #BlockScout at the ...

POA Network's @andrew_cravenho presented #BlockScout at the Nashville blockchain Developers Meetup on 9th October!… https://t.co/0aLoeB1QA0

2 months ago

We are proud to launch our open source Ethereum explorer wit...

We are proud to launch our open source Ethereum explorer with 6 networks including POA Core, #Ethereum mainnet, and… https://t.co/ICT7wf5PgY

2 months ago

Ethereum Based POA Network Launches Open-Source Block Explorer for ETH, ETC and POA

The team at the POA Network have unveiled the first full featured open-source block explorer tool for the Ethereum ecosystem. This new block explorer is called BlockScout. It is an easy-to-use and secure tool that allows users to search and explore transactions, addresses, and balances on the three blockchains of Ethereum (ETH), Ethereum Classic (ETC) ...

2 months ago

Trade Recommendation: Bitcoin Cash/Ethereum | Hacked: Hacking Finance

The POA Network/Bitcoin pair (POA/BTC) came off lows of 0.00000818 on September 12, 2018. At that price, the market was down by over 95% from the 2018 peak of 0.000176. This makes POA/BTC one of the worst performing crypto pairs this year. With no known support at that low price point, the market appeared to...

2 months ago

#ETHSF Day 2! @vbaranov and @sminert out representing POA Ne...

#ETHSF Day 2! @vbaranov and @sminert out representing POA Network! If any hackers have any questions about deployin… https://t.co/MZIxLDhz6X

2 months ago

[SALT Daily Discussion: Proof-of-Access] 1/6/18

**::SALT Membership::** SALT is dedicated to increasing the benefits we provide to our members, which means constantly striving to innovate our business as well as our platform. SALT relies heavily on feedback from our community to identify these opportunities for improvement. One such opportunity is the structure of membership, which has thus far combined origination fees, borrowing limits, products, features, and benefits into one of three tiers based on the redemption of SALT on our platform. The simplicity of this structure has been useful, but its lack of customizability and incremental borrowing limits has resulted in difficult tier choices for SALT’s members. To address these issues, SALT’s membership structure will be significantly improved in the coming months. Members’ borrowing limits will be fully customizable and determined by the redemption of SALT. Each member’s tier level, benefits of their membership, and the terms of their loans will be determined and improved through a new paradigm called Proof-of-Access. The exact details of Proof-of-Access will be released soon, but we wanted to start off the new year with an overview of how it will impact our member’s experience with SALT. **::SALT Membership + Proof-of-Access::** **Membership & Borrowing Limits** Individuals can purchase an annual Membership by redeeming one SALT, which includes access to basic member benefits, including $10,000 in borrowing. Members can increase their borrowing limit at any time and by any amount (up to $25m) by redeeming additional SALT. **Proof-of-Access** Members can choose to improve virtually every aspect of their Membership by increasing their Proof-of-Access (PoA) which is determined by the amount of SALT held on the platform or in a synchronized wallet. Whether a member is small or large holder of SALT they can improve their experience: incremental increases to a member’s PoA results in incremental increases to their benefits and value, such that holding even a small amount of additional SALT has a positive impact on a member’s experience: *-Improved loan terms* * Lowered fees for increasing borrowing limits * Lowered interest rates * Optimized loan-to-value ratios *-Lowered costs on products* *-Increased referral rewards* **Membership Tier Upgrades** In addition to improving their benefits and costs, increasing a member’s PoA also upgrades their Membership Tier from Base to Premier, Enterprise, or Platinum. Each tier upgrade gives members added access and rewards, like enhanced customer support, personalized products, special offers, and invitations to private events. **Increasing Proof-of-Access** We’ve created PoA as a mechanism to incentivize and reward members for contributing to SALT’s success. Purchasing, redeeming, and holding SALT is not, however, the only way that a member can contribute to SALT. Because of this, we’re providing a number of additional ways for members to increase their PoA. * Promoting SALT on social media * Referring friends to become members * Being actively involved in SALT’s community * Repaying loans in a timely manner * Identifying and reporting bugs/malfunctions Thank you for being a member of our community, The SALT Team **::Proof-of-Access FAQs::** *How will members be able to use SALT after Proof-of-Access is implemented?* * SALT can be redeemed for annual membership, higher borrowing limits, and any of the products or services provided by SALT. * SALT can be used to make monthly payments of principal and interest on active loans, valued at the current retail price.* * SALT can be held as Proof-of-Access (either on the SALT platform or in a synchronized wallet) to gain access to improved loan terms and product costs; exclusive features and products; and enhanced service and benefits. * *Terms and conditions are subject to change and limitations. Final terms determined at the origination of each loan.* *How do I participate in SALT’s Proof-of-Access?* * In order to participate, members will simply need to hold SALT in their account on our Platform, or in a synchronized wallet (details of available synchronized wallets will be coming soon). *Will I have to purchase SALT directly from the platform in order to participate in Proof-of-Access?* * No. A member’s Proof-of-Access can be attained by holding SALT on the platform or synchronized wallet, regardless of where they were purchased. *When can a member get their SALT back if they are used for Proof-of-Access?* * The amount of SALT that a member chooses to use for PoA is locked until the completion of all active loans. As soon as a Member repays their outstanding balance(s), they can access their SALT and withdraw, redeem, or leave in their Proof-of-Access. *What will happen if I’ve already redeemed SALT to upgrade my membership Premier or Enterprise? * Any member that has already redeemed SALT for their membership will have the option to keep their membership tier and borrowing limit as it stan...

a year ago


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