Horizen ZEN

Market Cap $ 60.240 MM (#86)
24h Volume $ 1.400 MM
Chg. 24h: -12.85%
Algo. score 3.9/5  (#64)
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Horizen News

Crypto Hardware Wallet Trezor Unveils Firmware Updates that Support a Whole Slew of Coins

Crypto hardware wallet Trezor has released firmware update 2.0.9 for the Trezor Model T. As a result, the wallet now supports additional altcoins across "Monero, Cardano, Stellar, Ripple, Tezos, Decred, Groestlcoin, Lisk, Zencash, and the Zcash Sapling hard fork." Trezor also released an update for its Trezor One wallet. Firmware version 1.7.1 includes support for Lisk and Stellar as well as the WebUSB communication protocol, which lets Google Chrome users bypass the Trezor Bridge to access the wallet and password manager. (GT)

7 days ago

Open-Source Crypto Wallet Mixin Messenger Adds Support for Pundi X (NPXS)

Mixin Messenger, which is the first decentralized app on the Mixin Network, has added support for Pundi X (NPXS). Mixin Messenger is an open-source cryptocurrency wallet that supports most popular coins. Last month, Mixin Messenger added Horizen (ZEN), which is the No. 82 cryptocurrency based on market cap. Mixin Messenger also recently added a “pending” feature that lets users check on the status of a transaction when making a deposit. (GT)

7 days ago

GIN Platform Launches Cloud and Dedicated Nodes to Make Online Masternode Hosting Accessible

GIN Platform, the web-based platform developed to enable the average user to setup and deploy their own masternode system, to start earning passive income without the technical and hardware costs, has publicly unveiled its latest products designed to further streamline the platform. Launched on October 26th 2018, GIN Platform is now offering the Cloud Node and Dedicated Node hosting plans for users. The products are set to usher in new levels of accessibility with additional features to streamline and enhance the users ability to the deploy and manage the masternode systems. The products is also set to further promote and enhance blockchain security features through cheap and accessible, cloud-based masternode setup, bypassing the traditional barriers that have prevented many from setting up their own masternodes. The launching of Cloud and Dedicated Node plans for users is in alignment with GIN Platform’s objectives to give everyone the opportunity to earn, through the creation and management of masternodes on a cheap and affordable platform. What further defines the platform from its peers is that GIN Platform’s services are available to all regardless of technical skills. The platform currently accounts for almost 1.7% of all online masternodes. Cloud Node* Running a masternode in any cryptocurrency demands a certain amount of the blockchain’s currency to be locked up on the network. However, some masternodes generate small incentives for operators, making it unprofitable to run a dedicated service. Cloud Node makes its possible for masternodes with smaller rewards to gain support and secure their network by sharing resources with other masternodes on the same server and IP address. This helps to reduce the hardware and maintenance costs of lesser paying masternode. The fee for this service is pegged at $4.5 per month or $0.15 daily**. *This service is limited to certain cryptocurrencies. it is not available for DASH, PIVX, ZEN, and ANON. Dedicated Node Unlike the Cloud Node, this service gives each masternode its own dedicated server and resources to use. This Premium service goes for $12.6 monthly ($0.42 per day)** . **All prices exclude VAT. Payment and Discount Every user is able to choose the preferred option they wish to setup their masternodes under at any moment. This is possible through the Upgrade and Downgrade buttons on the user’s Dashboard. The Upgrade button elevates the status of the user’s account into a Dedicated Node, while the Downgrade takes it down to the Cloud Node. Users are able to toggle their masternode hosting services up or down, whenever they wish to do so. However, doing so will result in a new setup process, creating a new server for the user’s masternode and removing the old one. All services provided by GIN Platform are only payable on a daily basis with its native token GIN. Based on volume on commitment, users would be eligible for discounts starting in November. For further information on GIN Platform visit the website: https://p.gincoin.ioFollow 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: The post GIN Platform Launches Cloud and Dedicated Nodes to Make Online Masternode Hosting Accessible appeared first on BitcoinNews.com.

7 days ago

Gin Platform Introduces a New Product, The Cloud Node

The GIN platform recently launched a new product named Cloud Node, the product according to the firm is specifically designed to increase the accessibility to masternode deployment and management. A Whole New Product The main purpose for the establishment of the GIN platform is to give virtually everyone access to create and manage a masternode, regardless of their technical skill. The GIN platform thus recently introduced the new Cloud Node explicitly designed to increase accessibility further. Starting October 26th,2018, two core features would be available on the GIN platform, they are the Dedicated Node and the Cloud Node. Cloud Node The price of the feature is pegged at $4.5 per month ($0.15 per day). Its main features is that the masternodes launched under this option will be hosted on the same server, ultimately sharing the same IP. Main reason for its creation is to support projects whose masternodes generates smaller rewards than the hosting price. This service is not available for DASH, PIVX, ZEN and ANON Dedicated Node This particular feature is also designed to maintain its original option as well, but its only adjusted to the financial changes and the billing packages. The premium package costs $12.6 per month ($0.42 per day) and will continue to work on the dedicated server type of structure-which is one masternode per server. The GIN platform fees are paid in GIN tokens, on a daily basis. Choice is one feature that is made available to the users, as every user will be able to choose their preferred product at any time. This is made possible through the availability of two buttons that is readily available on the dashboard. The two buttons are the upgrade and the downgrade button. Any decision will automatically trigger a setup process since it basically means creating a new server for your masternode. GIN has a very active community on social media, especially on Discord and Telegram. Presently, there are about 7000 members in the discord channel, 2000 on Telegram, 5000 on Twitter and other social media platforms. Most of the members of the community continuously get in touch with the developers and connect with each other on important matters. Visit the website: http://p.gincoin.io Chat on Telegram: http://t.me/gincoin Discord: http://discord.gg/xgl5TRr Twitter: http://twitter.com/gincoin_crypto Medium: http://medium.com/@gincoin Media contact Name: Adrian Grigore Email: info@ginplatform.io The post Gin Platform Introduces a New Product, The Cloud Node appeared first on ZyCrypto.

8 days ago

PR: GIN Platform Launches a New Product - the Cloud Node

Bitcoin Press Release: The GIN Platform announces its newest product - the Cloud Node, designed to further increase accessibility to masternode deployment and management. 31st October, 2018. London, UK. The GIN Platform was created with the purpose of giving everyone access to creating and managing a masternode, regardless of technical skills. Following that direction, the team introduces a new product - the Cloud Node, designed to further increase accessibility. Starting October 26th, 2018, the GIN Platform’s infrastructure core features two options: Dedicated Node and Cloud Node. Cloud Node* The price of this service is $4.5 per month ($0.15 per day)*. Its main characteristic is that masternodes launched under this option will be hosted alongside other masternodes on the same server, sharing the same IP. It was designed to support projects whose masternodes generate smaller rewards than the hosting price. *This service is not available for DASH, PIVX, ZEN, and ANON. Dedicated Node The platform will maintain its original option as well, only adjusted to the financial changes that the billing component brings about (details below). This Premium service costs $12.6 per month ($0.42 per day)* and will continue to work on a dedicated server type of structure  -  one masternode per server. GIN Platform fees are paid in GIN, on a daily basis. Every user is able to choose the preferred product at any moment. This will be made possible through the implementation of two buttons in the Dashboard: an Upgrade button, and a Downgrade one. It’s very important to mention that choosing to Upgrade or Downgrade will trigger a setup process, since it basically means creating a new server for your masternode. More details on the platform. Discounts Policy Starting November, details about volume and commitment discounts will be available. The team chose not to disclose any information on this subject. GIN Community is Engaging More and More Members GIN has a very active community on Discord and Telegram. At the moment of writing, there are over 7,000 members in the Discord channel and more than 2,000 in the Telegram one. This adds to the 5,000 followers on Twitter. The members are constantly connected to the developers, support or other team representatives. About GIN Platform GIN Platform is the first masternode deployment platform meant to be used by the mass market; its mission is to make masternode investments (and subsequently passive income generation through MNs) easily accessible to everyone, regardless of technical skill. At the moment of writing, GIN hosted almost 1.7% of all online masternodes. *All prices exclude VAT. Visit the website: https://p.gincoin.io Chat on Telegram: https://t.me/gincoin Discord: https://discord.gg/xgJ5TRr Twitter: https://twitter.com/gincoin_crypto Medium: https://medium.com/@gincoin Media Contact Name: Adrian Grigore Email: info@ginplatform.io GIN Platform is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose. 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: The post PR: GIN Platform Launches a New Product - the Cloud Node appeared first on BitcoinNews.com.

8 days ago

Third Quarter Report Released By Grayscale Looks Good For Bitcoin

Grayscale Investment has published its third-quarter report for this year. The report highlights that institutional investors have made up the majority of its fund inflows in over the past three months. This suggests that smart money might be buying into cryptocurrencies in anticipation of an upcoming rally. Grayscale Investment provides investments trusts that hold digital currencies and therefore enables institutions and accredited investors to invest in digital assets through a regulated investment vehicle. Grayscale is currently offering a single asset exposure to Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic, XRP, Zcash and ZEN which runs a digital asset large-cap fund that invests in a portfolio of composed of Bitcoin, XRP, Litecoin, Ethereum, Bitcoin Cash. The Grayscale Digital Asset Investment third-quarter report shows that over $80 million has flown into Grayscale’s digital currency trusts of which 70% came from institutional investors. To date, just under $330 million of new funds have gone through Grayscale’s investment products with a total of 59% coming from institutional investors. With this data, it is suggested that financial organisation are quickly opening up to the idea of investing in Bitcoin and other digital assets despite it being through a regulated investment body. The data also indicates that institutional investors who are brave enough to venture into the digital asset investing are buying Bitcoin and other cryptos are now in anticipation of a rally in the near future. What is actually being bought? There are eight single asset funds and one diversified digital asset fund that is being offered by Grayscale. Nevertheless, the majority of inflows have been into the Bitcoin Investment Trust as opposed to the companies range of altcoin funds. As reported by BTC Manager: “In the third quarter of 2018, 73 percent of new inflows went into the Bitcoin Investment Trust; Year-to-date that figure stood at 66 percent. This suggests that the majority of investors still prefer to invest in the world’s largest and most popular digital currency as opposed to its higher-risk peers from the altcoin market.” An equal number of new funds went to Bitcoin Cash, XRP and Zcash and Grayscale’s diversified digital asset fund in the last quarter while Ethereum and Litecoin didn’t receive a lot of interest from investors. What are your thoughts? Let us know what you think down below in the comments. The post Third Quarter Report Released By Grayscale Looks Good For Bitcoin appeared first on Crypto Daily™.

9 days ago

@Crypto_Condor @CryptoBiggie the zen tracker does not functi...

@Crypto_Condor @CryptoBiggie the zen tracker does not function properly on the latest node: https://t.co/KjBzogC4nU… https://t.co/izy7svafAZ

13 days ago

Privacy Coin Horizen Partners with OTC Platform Cryptospace, ZEN Rises Nearly 40%

Horizen (ZEN) has risen nearly 40% over the last 24 hours to $18.16 on trading volume of $5.7 million. Most of the trading is unfolding on Binance exchange in the ZEN/BTC trading pair. Horizen, which is a privacy-focused coin that used to be known as ZenCash, announced a partnership with Cryptospace, which is an OTC platform for buying and selling cryptocurrencies. Horizen says it’s holding meetups at Cryptospace’s lounge, while Cryptospace is adding ZEN to its OTC portfolio. The addition of Cryptospace brings the total number of Horizen's OTC partners to three, including Genesis and Netcoins. (GT)

14 days ago

Cardano Gets a Big Security Boost

IOHK’s recent announcement that Trezor is in the final stages of developing support for Cardano (ADA) provides a big boost in security for the altcoin. The fact that Cardano founder Charles Hoskinson made the announcement from his official Twitter account is also very encouraging. In addition to adding support for ADA, the hard wallet will also support Steller, XRP, Zcash, Zencash, and Monero. In spite of the positive news, Cardano continues to maintain a bearish outlook and the altcoin is now approaching its eighth day of trading in the red. Currently, ADA is down 3.60% and the price is $0.070. (RS)

17 days ago

Big Security Boost For Cardano

It has been recently announced by IOHK that Trezor is currently undergoing its final preparations to support Cardano. The globally known hardware wallet, Trezor facilitate digital currencies to be stored and they are popular for being able to store the key to the wallet safely. The firm is a big manufacturer of hardware wallets and a big boost for security for the foundations native token is surely going to please a lot of people who have invested in it. This announcement has come from Charles Hoskinson, who is the founder of Cardano, through his official Twitter account which suggests that this could be the case before next month. Trezor themselves even tweeted saying: “Have you ever wondered what we are working on? Have a look at our newly created roadmap, where you can see all the new stuff that is coming up!” This lists other tokens which will be receiving support in addition to Cardano’s ADA that day. This includes Stellar, XRP, Zcash, Zencash, Monero and so on. The founder of Cardano was recently discussing how the team is going to be providing more insightful updates. He noted that they will soon start the creation and the posting of videos with their future projects. It is very anticipated from token holders regarding the imminent 1.4 update and given the volume of users on Cardano, this is said to be an important point for the development of a new update from the foundation. This 1.4 update is expected to aid Cardano to get further traction in bringing in more users to its platform and the use of its native token. Nevertheless, seems to be kept at bay with the downside pressure still being applied. The lack of announcement from the firm could be taking its toll on the price. It is currently running within its 8th consecutive trading session in the red and no sign of a bounce as of yet. As said by Crypto Sam: “ADA/USDT price action remains stuck and dictated within this triangular pattern formation. The market bears, with the current losing streak, are set to test the key near-term support to the downside. This is seen at the lower part of the above-mentioned pattern, tracking at $0.0728 area, also within a touted demand zone.” What are your thoughts? Let us know what you think down below in the comments! googletag.cmd.push(function() { googletag.display('div-gpt-ad-1538128067916-0'); }); The post Big Security Boost For Cardano appeared first on Crypto Daily™.

17 days ago

Daily Cryptocurrency News - 24th October 2018

Here are the most important cryptocurrency news of October 24: Coinbase and Circle Just Announced the Official Launch of USDC, a Digital Dollar Source: Bitcoin Exchange Guide Coinbase and Circle have recently announced the launch of USDC, a new digital dollar. According to Coinbase’s blog post, this new USDC stablecoin is fully collateralized by US dollars and supported by Coinbase and Circle as co-founding members of the CENTRE Consortium. Starting from this date, users in supported jurisdictions can now buy, sell and receive the new USDC stable coin. The stablecoin will be fully available at Coinbase.com and in the Coinbase Android and IOS apps. This announcement is exciting, as this is the first time Coinbase supports a stablecoin. Unlike Bitcoin or Ether, a USDC is meant to represent a single US dollar (USD) that does not move up or down relative to its reference currency. One USDC is a 1:1 representation of a US dollar on the Ethereum blockchain. However, stablecoins need to be regulated more tightly. Circle, Coinbase, and more companies have created the CENTRE consortium. CENTRE will be the place where they will define the policies around stablecoins. For instance, if you want to handle stablecoins on your exchange, you need to send regular audited reports. You do this to prove that you have as many USD sitting on a bank account as issued tokens. USDC will be coming to Coinbase Pro in the upcoming weeks, and it is already available on the Coinbase Wallet, a user-controlled wallet where people can store ERC20 tokens. You can learn more about USDC and stablecoins in this video. HTC has Just Announced their First Blockchain Phone, Exodus; It Can Only Be Purchased with Crypto Global consumer tech giant HTC is finally launching its first blockchain enabled phone, Exodus 1. The early access version of the phone will be available for preorder and people can buy it with crypto, according to the company. According to the HTC Exodus website, the Exodus 1 will be available to customers from many countries, including: United States Hong Kong Singapore New Zealand United Kingdom And nearly 30 countries more. Features The Exodus 1 comes with a secure enclave. The secure enclave is a secluded area on the phone’s chip kept separate from the Android operating system (OS) it runs on. It uses technology made by SoftBank’s Arm Holdings to keep a customer’s cryptocurrency safe. Chen, HTC’s decentralized chief officer, talked about this and said that the benefit of keeping this area from the phone separated from Android was that Google’s OS is “fundamentally insecure with a centralized system,” and therefore storing cryptocurrency using Android would make a user’s funds more vulnerable to a hack. He also said that integrating blockchain technology to mobile phone adds a new level of security and privacy of a user’s assets. He also noted this will help in the future with protecting a customer’s data and identity. Chen told CoinDesk that the company hopes to get feedback from the blockchain community about the early-access version in order to improve upon the device. Phil Chen said by email: “The goal is to start with the blockchain community and get their assistance in making our wallet and the technology even more secure, in essence testing it out and providing feedback and suggestions [and] solutions.” He also added: “Recent figures show that there are around 35 million wallets out there at the moment. The HTC EXODUS 1 is about getting the consumer used to owning their own keys and going from there to develop the EXODUS into a device that can be for the broader market.” Specifications Besides its blockchain features, the Exodus 1 also includes: A 16-megapixel dual main camera and an 8MP dual front camera with 4K video. A six-inch display with quad-HD+ resolution. A Qualcomm Snapdragon 845 processor. Six gigabytes of RAM and 128GB of storage For more information about the phone and pre-ordering, you can go to their website here. New Protocol is Going to Make Transfers between Bitcoin and Ethereum Blockchains Possible Source: Mashable A new protocol will enable users to do cross-chain transactions. This means that users will be able to transfer value between Bitcoin and Ethereum. The Open Federated Gateway Protocol, a new open-source technology will make this possible. iBitcome and DEx.top, are the developers of this protocol. The first federated blockchain to be built using this protocol is launching on Wednesday, Oct. 24. Named Mallow, it has a block explorer which enables users to examine the flow of assets and check up on transactions in any moment. The company iBitcome noted that trading between Bitcoin and Ethereum will be possible thanks to creating the new token WBCH. The value of this new cryptocurrency will be equal to 1 Bitcoin Cash, (which equals $444 at the writing of this article.) The team behind the new cryptocurrency plans to support other public blockchains in the near future. iBitcome emphasized

21 days ago

Trezor Announces Support For Cardano, Stellar, EOS, And More In Upcoming Update

Trezor, the manufacturer of hardware wallets Trezor One and Trezor Model T has announced support for multiple new cryptocurrencies in an upcoming firmware update scheduled for 29th October 2018. Trezor One will add support for Stellar, Lisk, and ZCash Sapling, while Trezor Model T will add Monero, Cardano, Stellar, Ripple, Tezos, Decred, Groestlcoin, Zencash, and ZCash sapling. An unscheduled update after this will also bring support for EOS, Tron, and Ontology. (VS)

22 days ago

Cardano [ADA] receives support from the Trezor hardware wallet along with other cryptocurrencies

On 23rd October, the science technology and engineering firm headed by Charles Hoskinson, Input-Output made a Twitter announcement where the company wrote that the Trezor hardware wallet will be supporting the ADA token. The support was stated to be commenced sometime late in October. The original Tweet posted by IOHK read: “Cardano $ADA support on @Trezor hardware wallet coming late October “ IOHK also posted the list of all the tokens that have gained the support of the Trezor hardware wallet. Some of the big coins listed on the chart were Monero [XMR], Stellar [XLM], XRP, Zencash [ZEN], Zcash [ZEC]. Input-Output’s recent tweet | Source: Twitter Trezor hardware wallet is not alone in adding support to the 9th largest cryptocurrency in the world. Of late, the ADA token has seen much adoption by several exchanges. Recently, the IOHK Chief Charles Hoskinson also spoke about the ecosystem, stating its future plans to develop Cardano further. Here, Hoskinson stated that the team is going to start making and posting videos on several sub-projects under the Cardano protocol, such as its Shelley phase. Furthermore, the Cardano ecosystem is known for crossing its deadlines in the launch of upgrades and suchlike. Here, Hoskinson acknowledged that the team has paced up significantly wherein the Cardano version 1.4 might even see an earlier victory in terms of QA testing than scheduled. Meanwhile, he mentioned that the 1.3 upgrade is on its way and to be released soon. A Twitter handle named [CRYPTO] Power to the people‏, who is an apparent follower of the blockchain and cryptocurrency space on the ADA-Trezor news commented: “Do you have any deadline on support for other hardware wallets?” Another query by Said Rahmi, a crypto-enthusiast was also put forth under the comments where the user wrote: “Will it be interfaced with Daedalus?” The post Cardano [ADA] receives support from the Trezor hardware wallet along with other cryptocurrencies appeared first on AMBCrypto.

22 days ago

Why Ethereum Classic (ETC) Bears Are Playing With Fire

Chart for ETCUSDShorts (1W) The whole cryptocurrency market is exploding. Bitcoin (BTC) shorts saw a 20% decline. The same goes for Ethereum (ETH) which declined more than 20%. Ripple (XRP) shorts declined around 18%. Ethereum Classic (ETC) shorts climbed 20%! What?! Even though the price of Ethereum Classic (ETC) climbed above $10 with a 8% growth, the number of shorts climbed even higher. Why is Ethereum Classic (ETC) behaving differently than the rest of the market? Why is somebody trying so hard to keep the price of Ethereum Classic (ETC) down? Let us take a moment to examine why. Ethereum Classic (ETC) is a cryptocurrency that went from a dead coin to a hidden gem of a coin. What does this mean? It means that a lot of big players now want this cryptocurrency. However, this is not Bitcoin (BTC) or Ethereum (ETH) or even Ripple (XRP). You cannot buy significant quantities of Ethereum Classic (ETC) over the counter. Of course, the whales are not going to buy on exchanges, not just yet. So, in the absence of a large number of sellers, they have to keep the price down till they are done buying. An early Ethereum Classic (ETC) investor, Tai Zen said a few years back that some large institutions are accumulating Ethereum Classic (ETC) for long term. He went on to say that it was not clear to him what the purpose of this accumulation was, but that these institutions see future potential in cryptocurrency. Chart for ETC/USD (1W) Smart money has been accumulating Ethereum Classic (ETC) when most people in the crypto community considered it a scam. Most of us realize now why they were doing that. When I first came to know that Grayscale was holding way more Ethereum Classic (ETC) than Ethereum (ETH), I was pretty surprised. I knew Ethereum Classic (ETC) was an immutable and decentralized blockchain but most investors don’t care about principles. They invest in anything that can turn in a sizeable profit in the long run. We have seen this happen in the case of countless projects and ICOs in the past. Anyway, when I realized what the ETC Dev Team was up to and what their vision was, I knew there was something special about this project. Chart for ETC/BTC (1W) Of course, the team made good on their promise of immutability and decentralization. While most people in this space are focused on shiny Dapps and ‘cool graphics’, Ethereum Classic (ETC) has remained focused on the fine print, perfecting their creation. However, we still see a large number of people attacking this project. The whales or the smart money that is accumulating is not going to stop them from doing that. They are going to allow them to push the sentiment down as low as possible so they can buy at lower prices. In addition to that, we see a large number of people shorting Ethereum Classic (ETC) even at current prices! As ludicrous as it sounds, this is a reality visible in the form of the large number of short orders on exchanges like Bitfinex and Bitmex. The real whales definitely have a game plan for doing this, but for the retail trader posing as a whale, it never ends well. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1538128067916-0'); }); The post Why Ethereum Classic (ETC) Bears Are Playing With Fire appeared first on Crypto Daily™.

a month ago

Horizen (ZEN) (Formerly ZenCash) Releases Updates on Cryptocurrency Project

Horizen (ZEN) team, which describes itself as a “privacy-oriented crypto and leading-edge tech platform, has performed an all-encompassing video update as well as a new whitepaper that details the startup's sidechain model. During the live stream, Central European Manager Arno Pfefferling updated the community on ZenChat. ZenChat is a dApp being built to be used by legal organizations a communication tool. (VK)

a month ago

Horizen Comes Up with a Solution to Prevent 51% Hacks

After experiencing a 51% hack, Horizen, (previously Zen Cash) has suggested a method to stop 51% attacks in cryptocurrencies. Although the solution does not fix all problems, it is efficient, especially for digital currencies with large amounts of hashing power. Written by Alberto Garoffolo, Pier Stabili, Robert Viglione, and Uri Stav, the suggestion is named ‘Proposal to Modify Satoshi Consensus to Enhance Protection Against 51% Attacks – A Penalty System for Delayed Block Submission.’ The proposal’s idea is to discourage private mining by annexing a fee onto any delayed block. (KE)

a month ago

The rise of the silent meeting

Everyone appreciates silence—in theory. Poets and philosophers have paid tribute to its depth and resonance for centuries, allowing silence to stand in for God or the mystery of life itself. Most of us, however, find silence between people to be awkward and anxiety-provoking, particularly in a professional setting. So at work meetings, it’s usually all talk—sometimes painfully so. But a handful of well-known companies have adopted, and adapted, the idea of the silent meeting, gathering around the real or virtual conference table and saying nothing while getting things done. So how does this work, exactly? Jeff Bezos likes his meetings quiet Amazon CEO Jeff Bezos may be the originator of the silent meeting. When he gathers his senior executive team, everyone sits and reads a multi-page memo, scribbling notes in the margins, for about 30 minutes before they begin to speak. The memo is part of a quest to save time, since forcing someone to write a memo means they’ll have to distill their thesis, gather all the relevant data, and touch on counter-arguments. But it also cuts down on theatrics and bluster. Without having that time to read, Bezos once explained, you’re asking for people to bluff, like high school kids who didn’t do the homework. Eventually, when the speaking begins, what’s left to say ought to be only the essential. The silence at Square Silent meetings are also in practice at the payments company Square, where Alyssa Henry, product manager and VP of seller-facing products, has tailored the practice for her purposes, forgoing paper and pens in favor of laptops and Google Docs. A recent Medium blog post by Pierre-Yves Ricau, a software engineer at Square, suggests it takes some getting used to. “Picture this: a room full of senior Square leads, gathered for an important review meeting,” he writes. “Everyone is looking at their computer, in complete silence, interrupted by bursts of clickety clack. 30 minutes later, the conversation starts...” Henry had written a persuasive defense of her silent meetings, which she allowed Ricau to post online. She states: Lots of research says that minorities, women, remote employees, and introverts are talked over in meetings and/or have trouble getting their voice heard in traditional meeting culture. It sucks not only for the people that are disempowered by the traditional approach, but it sucks for those that unintentionally talk over/shut down conversation, and sucks for leaders that want to hear the best ideas but can’t because folks are being shut down — usually unintentionally. Her method works for anyone who can sign into the doc from anywhere, not just those in the room. The noble objective she writes, is to create a culture where “it’s not the loudest voice heard, or the most politically adept, or the most local to SF, but the most right.” Another benefit of the silent method: It minimizes repetition, or at least it should. When everyone is working on the same document, you can’t miss that someone has already made the same comment or asked the same question that’s occurred to you. Plus, you’ll leave the meeting with a record of what was, and by whom. Whatever the reason, Square founder and CEO Jack Dorsey is clearly a fan. This works! https://t.co/XdEvj1l9EW — jack (@jack) October 5, 2018 Quiet’s cognitive surplus Two silent meeting advocates from the nonprofit Post Growth Institute once wrote about their version of the system, calling it an “incredibly productive, flexible and democratic means of virtual collaboration.” Instead of paper or Google docs, they used “Silent Skype,” logging into Skype accounts but only using the chat function. (This was 2012, when better options for chat software were pretty much nonexistent.) “In contrast to video conferencing, silent Skype allows us to continually leverage the cognitive surplus of our group,” they wrote. “Participants have the ability to reflect on what’s being shared without the distraction of someone speaking and the constant need to actively listen. In typed meetings, there is also no need to toggle between video and chat when someone sends a file or link.” At their silent meetings, participants would type phrases like “action item” or “key resolution,” in capital letters (the online equivalent of yelling), beside any significant note. Later, a keyword search would help the team find those crucial comments again within the meeting transcript, which also worked as minutes. At Quartz we use Slack, the group messaging app, so we’re arguably holding a silent, usually asynchronous meeting—with people wandering in and out of various rooms, or channels—all day. And yet we wouldn’t want silence to descend on every meeting. While the zen of a quiet gathering has its appeal, we’re already spending an inordinate amount of time outside of meetings looking at screens and typing into chat boxes, allowing our verbal social skills to shrivel. Indeed, we may one day need a retronym for speaking out loud.

a month ago

The Daily: Circle Launches New Research Portal and Trading Apps

Some editions of The Daily are so overflowing with news there simply isn’t time for a cleverly worded introduction. So without further ado, here’s what’s coming up in this installment: Circle has launched a string of new initiatives, including a research portal and the Poloniex mobile app, Roger Ver’s comments about a BCH-powered Bitcoin.com crypto exchange have been doing the rounds, the International Monetary Fund (IMF) is talking gloomily about cryptocurrency (again) and two masternode projects have major developments to share. Let’s do this. Also read: Korean Crypto Exchange Sued for Controversial Token Schemes Circle Launches Research Portal and Enhanced Poloniex Apps On Tuesday, Circle revealed a slew of initiatives it’s been working on. The payment processor-turned-cryptocurrency incubator has launched Circle Research, a service dedicated to original analysis on all things crypto. In this respect they’re following the lead of Bitmex, whose research offshoot has proven to be hugely influential. “In crypto markets, reliable information is difficult to come by,” explained Circle in a blog post. “We at Circle Research want to provide you with the right information so you don’t have to put in the hours of legwork of separating fact from fiction ... Our easily readable yet in-depth primers outline key details, features, risks, and challenges associated with individual crypto assets.” The quality of research within the crypto space has improved significantly within the last 12 months, much of it delivered in the form of email newsletters. Diar’s weekly dispatches have become essential reading for many cryptocurrency enthusiasts. Last week, their head analyst, Larry Cermak, left to take up a similar position at The Block. The new Poloniex mobile app. On Tuesday, Circle also shared details of new mobile iOS and Android mobile apps for the Poloniex exchange. The improved app “includes a better mobile-based identity, verification and login process” and is available in nine languages. In the same update, Circle shared some of the progress it’s made since taking over at Poloniex. This includes reducing the backlog of support tickets by 97%, freeing $12 million in trapped funds and returning them to customer wallets. Roger Ver’s Exchange Proposal Attracts Attention In other exchange news, Bitcoin.com CEO Roger Ver’s idea of launching a BCH-powered platform has attracted comment. Bloomberg shared extracts from an interview Ver gave while in Malta mulling the possible options for such a venture, with bitcoin cash as the base currency. Other media outlets have also picked up on the story, noting the bitcoin evangelist’s intention of driving traffic via the high number of cryptocurrency enthusiasts who frequent Bitcoin.com. A number of exchanges offer BCH trading pairs, though to date Voltaire.cash is the only one to use bitcoin cash as its base currency by default. Remme and Horizen Implement Major Upgrades Remme and Horizen are two separate cryptocurrency projects that share one thing in common: masternodes. Both have announced major initiatives this week, led by distributed public key infrastructure (PKI) protocol Remme, which has started accepting applications for it masternode program. Masternodes will provide consistency and fault tolerance on Remme’s custom public blockchain, as well as signing transactions for certificate issuance and revocation. Remme aims to steer businesses away from using passwords in favor of PKI certificates. Their quest has been significantly aided by scare stories about weak passwords regularly appearing in the mainstream media. Fewer passwords. More PKI. https://t.co/WbDM1VXvxY — Preston Byrne (@prestonjbyrne) October 10, 2018 Horizen, meanwhile, will be deprecating its old software today, Oct. 10, and has urged miners, node operators, exchanges and swing wallet users to upgrade now. The main change introduced is an update to the bitcoin core consensus algorithm that the Proof-of-Work cryptocurrency had been using. Horizen, then operating under the name of Zencash, was 51% attacked earlier this year and the new consensus change has been designed to prevent a repeat incident. IMF Issues Stark Warnings Over Cryptocurrency The IMF is known for its adversarial stance to cryptocurrencies. This is to be expected on account of it being deeply embedded with world banks and the legacy financial system they control. The IMF remains an influential organization, however, and its latest World Economic Outlook report, published on Tuesday, contains stern comments on crypto: Cybersecurity breaches and cyber attacks on critical financial infrastructure represent an additional source of risk because they could undermine cross-border payment systems and disrupt the flow of goods and services. Continued rapid growth of crypto assets could create new vulnerabilities in the international financial system. It is unclear how cryptocurrencies would create any sort of systemic risk, unless legacy fina

a month ago

Hacked Crypto Horizen Claims To Have Solution For 51% Attacks

Formally known as Zencash, Horizen lost more than $500,000 in a 51% attack early this year. The company now claims to have a solution to prevent these attacks. By adding "delay function" to its proof-of-work consensus algorithm, it would penalize miners that could be preparing for such an attack. The penalty comes into effect when a miner broadcasts a block long time after the latest block. It increases the amount of blocks the miner needs to produce in order to have transactions accepted onto the chain, reducing the risk of another 51% attack. Horizen (ZEN) is currently priced at $15.66, losing 0.76% in the last 24 hours. (VS)

a month ago

Bitcoin: Not For The Faint-Hearted Even When It Seems So Hated - Bitcoin USD (Cryptocurrency:BTC-USD)

Crypto-Currencies: 2018 - a Year to Forget Every major crypto coin (COIN) - Bitcoin (BTC-USD), Bitcoin cash (BCH-USD), Ethereum (ETH-USD), Ethereum Classic (ETC-USD), Litecoin (LTC-USD), XRP (XRP-USD), ZCash (ZEC-USD), ZenCash (ZEN-USD) - is down in 2018 with an average decline of 74%. Currencies: 2018 - a Year to Forget Nonetheless, cryptocurrencies can fit in smoothly...

a month ago

CryptoKitties explained: Why players have bred over a million blockchain felines

CryptoKitties hit a milestone recently as players have bred more than a million unique virtual kitties in a demonstration of the usefulness or maybe silliness of blockchain technology. Blockchain, which is the foundation for cryptocurrencies like Bitcoin, is a secure and transparent ledger that runs on decentralized networks. It enabled Axiom Zen, which spun out Dapper...

a month ago

Less Than 1 Percent of Subscribers Use PornHub’s Cryptocurrency Payment Option

While Pornhub may have generated a lot of excitement as one of the first adult entertainment companies to accept cryptocurrencies, their subscribers do not share the same level of enthusiasm. Hard Fork reported on September 28, 2018, that despite offering multiple cryptocurrency payment options such as Verge (XVG), Tron (TRX), and Horizen/ZenCash (ZEN), less than 1 percent of users opt...The post by Cindy Huynh appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News...

a month ago

Pornhub Subscribers Soft On Paying with Cryptocurrencies

Pornhub disclosed that “less than 1 percent of purchases [are] made” on the adult website with supported cryptocurrencies. The site started with the option to pay with Verge (XVG) in April 2018, as CCN reported. Pornhub then opened support for Tron and ZenCash (which has since been renamed to Horizen) in June. No other cryptocurrencies...

2 months ago

Less than 1% of PornHub Subscribers Pay with Cryptocurrency

A recent report from The Next Web reports that an email by the adult entertainment provider says that less than 1% of subscriptions were paid for with cryptocurrency. Last year Pornhub averaged roughly 81 million visitors per-day and the business claims that more than 28.5 billion visitors have enjoyed the platform. In spite of the 1% figure, Pornhub said, “We expect to see widespread adoption of crypto and blockchain on our site in the near future.” Currently Pornhub accepts Verge, Tron and Horizen (formerly known as zencash). (RS)

2 months ago

Horizen (ZEN) Listed on Netcoins Cryptocurrency Exchange

Netcoins Holdings Inc. has announced the listing of Horizen (ZEN) on its platform. The exchange further announced that the coins were available for immediate trading. ZEN, previously known as ZenCash, is a privacy-focused digital currency launched in 2017. The exchange has over 21,000 retail locations spread across Canada, Europe and Australia. ZEN becomes the 12th coin to be listed by the exchange. (SK)

2 months ago

Horizen (ZEN) Launches Enhanced Satoshi Consensus Algorithm to Prevent 51% Attacks

Horizen (ZEN), the digital asset and technology platform formerly known as Zencash, recently announced on their Twitter feed that they have improved the original Satoshi Consensus algorithm in an effort to help prevent the network from 51% attacks. The new consensus has created a penalty mechanism that would penalize malicious parties attempting to attack the ecosystem, and is available for testing on the platform’s public testnet. The ZEN network suffered from a 51% attack earlier in the year, prompting the rebrand to Horizen, along with this upgrade to the consensus algorithm. (JF)

2 months ago

Horizen Surges by 14.33% Following Grayscale Investment of $6.3 M

On Sept 5th, Grayscale purchased about 400,000 ZEN tokens, approximately $6.3 M for creating a Grayscale ZEN fund. Such investment vehicles have been employed by ZCash, XRP, ETC, BTC, and BCH. This investment from Grayscale impacted positively on ZEN's price. Following the investment, it surged by 14.33% to trade at $18.04 as other coins struggled to recover from yesterday's sell-off. This investment saw Grayscale buy seven percent of the total ZEN tokens. (KE)

2 months ago

Grayscale Makes Multi-Million Dollar Bet on Cryptocurrency ZEN

Grayscale Investments, well known in the cryptocurrency community for its Bitcoin Investment Trust (GBTC), recently announced that it is making a $6.3 million investment in the cryptocurrency Horizen (ZEN). This investment marks the creation of a new fund that focuses primarily on Horizen, the small platform that hosts the ZEn cryptocurrency, which is a privacy-focused crypto with unique features like censorship-resistant publishing, the generation of universal basic income through personal data ownership, and a platform to build privacy application on. (JF)

2 months ago

Digital Asset Custody Company Expands with Support for Zcash (ZEC)

Institutional investors have one more reason to hold Zcash (ZEC). Digital Asset Custody Company (DACC), which secures digital assets for institutional investors, has added support for privacy coin Zcash. The addition of Zcash and also Horizen (ZEN) brings the tally of digital assets supported on this custody platform to nearly 100. Institutional investors are largely waiting on the sidelines of the crypto market until there are sufficient custody solutions, regulation and a bitcoin ETF. Separately, Coinbase exchange is reportedly pursuing a bitcoin ETF of its own and has turned to BlackRock, the world’s largest asset manager, for advice. (GT)

2 months ago

Crypto Twitter News | ZenCash Super Nodes, Coinbase Index, Monero Guy

Meltem Demirors, Crypto Twitter Goddess and “teaching @MIT & @UniofOxford” tweeted recently: Of course, the Crypto Twitter beauty was being sarcastic...well, hopefully. Nevertheless, she does bring up some interesting points. One being those “deeply irritating” personalities we come across quite frequently on social media. Riccardo Spagni, member of the Monero Core team, can be a bit irritating at times, as he almost always tries to draw attention to himself. Here’s what he tweeted almost 24 hours ago: While it’s probably not very nice to call someone fat and a piece of shit, it’s usually best to ignore and block such people. You can easily do that on Crypto Twitter, by the way. And also, no need to draw more attention to their bullying as Riccardo is doing here. To further prove my point that the Monero guy is seeking attention at all costs, here’s another silly Crypto Twitter tweet from him: So, here Riccardo is ecstatic simply because someone spelled his last name correctly and he has to retweet the person who did that. Talk about being self-absorbed. You know people, life exists outside your own little world as well, and it’s usually a much more accurate reflection of the objective reality most of us sane folks live in. Now, let’s cover some more interesting and meaningful topics for the day from Crypto Twitter. ZenCash, a semi-promising crypto platform that has managed to receive praise from the Digital Currency Group, has come out with Super Nodes - as promised three months ago. Might want to check that out. In more Crypto Twitter news, cryptocurrency exchange Coinbase has launched its crypto index via an iOS widget. The San Francisco based exchange continues to move forward with its new products, despite numerous reports of bad customer service and 124 pages of customer complaints filed to US Securities and Exchange Commission (SEC) - with some alleging that the crypto trading platform had been “stealing” user funds and even “acting criminally.” In even more Crypto Twitter news, although somewhat late in tweeting about it - Altcoin market researcher Kristen Vanderlinde notes the new Bitcoin ETF application sent to the SEC. Experts are of the view that this time, the federal regulator will likely approve this application, considering it recently ruled that Bitcoin (BTC), Ethereum (ETH), and most other cryptocurrencies are not securities due to their decentralized nature. Well, that’s a rap for the short but sweet Crypto Twitter Roundup, exclusively here at Crypto Core Media. Hope you enjoyed and please do leave comments regarding what you’d like us to cover next! The post Crypto Twitter News | ZenCash Super Nodes, Coinbase Index, Monero Guy appeared first on Crypto Core Media....

4 months ago

An Open Letter to the Zcoin Team

-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA256 An Open Letter to the Zcoin Team, July 2 Dear Zcoin Team, This letter is coming from various investors who have a non trivial stake in the currency. We all love Zcoin and want the coin to succeed. With that said, we would like to point out some issues we have all noticed. We are not concerned with short term price increase and we don’t want to FUD; we would rather see this project thrives in ten years. Generally, we think there needs to be more transparency, better accountability, and increased focus and organization. Block Reward, Founders Reward, Seed Investors Reward There needs to be more transparency with Zcoin block reward. With such a high inflation rate, it is important funds are being allocated correctly to grow the project. Every day roughly 144 blocks are mined. 432 XZC to the team wallet, 432 XZC to seed investors, and 144 XZC to founder Poramin Insom. Per month and converted to USD at a spot price of $15.15, this results in $196.344 USD per month to the team wallet, $196.344 USD per month to the seed investors, and $65.448 USD per month to Poramin. If price of Zcoin was $30 USD, all of these numbers would be doubled. Also, this does not take into the account Znode earnings for team/founder wallets, which could even more amplify these numbers. Questions Who are the seed investors? Who controls the seed investor address private keys? A interview with each seed investor and their contributions to the project would be great. How much did the seed investors originally contribute to Zcoin? Why are seed investors getting rewards, why not revinest these rewards and grow the project? Is there Zcoin nonprofit foundation? How much money is in the ZCoin bank account? What is current burn rate? What is key stakeholders salary? Reuben? Full Time Commitment to Project In order to succeed, we feel that key persons working on Zcoin must be focused on Zcoin full time. If there are founder rewards and dev rewards, those people need to be fully focused on Zcoin. Below are some examples that show other endeavours key members are involved in: Reuben Yap, COO Zcoin cofounder of BolehVPN Sdn Bhd, and owns 40% of PDABase(https://twitter.com/reubenyap/status/999062631993434112) Poramin Insom, Zcoin Founder TDAX Satang CEO, exchange in Thailand Sandra Yap, Director of Partnerships and Media Founder of Media company Fomo Media Other privacy focused projets like Zcash or ZenCash have teams of fully focused individuals. There are many other devs listed on the main website, but browsing through the codebase it is unclear who is actually full time. Questions Why is Poramin receiving a founders reward when he is working part time on Zcoin? Why Poramin does not have a social media presence or take more leadership of the project? Who is working full time on the project? Which devs are working full time on the project? Codebase Transparency There needs to be more public development of Zcoin on github. We have seen in telegram chat that there is a private codebase repository so that projects do not steal code. If that is a true concern, then there are bigger issues with Zcoins confidence in execution. Blockchain technologies are open source, there is a greater benefit to being transparent about development instead of worrying about projects forking the codebase. Question Which devs are actively working on the main codebase? Where is the new wallet GUI codebase? Better Project Management/Organization/Prioritization Reuben, we love you, but cannot possibly manage everything yourself. It’s fine if you want to be the face of Zcoin, but there needs to be more structure and if you are accepting dev/founders rewards, there needs to be some more accountability. Other projects have detailed roadmaps, weekly updates and Q&A. The telegram chatter is good, but we need more structure. The month is now July and there is not any marketing initiatives. We realize the initial marketing engagement did not work out, but it should not take three months to find out if marketing company is not working. Questions Is anyone project managing all the tasks, events, conferences? Besides a recently published roadmap, is there a more detailed internal roadmap? Are there any Zcoin offices? Is there a place where more than one Zcoin employees work together? Is there a scheduled weekly team meeting? Why Trezor andLedger integration not highly prioritized over anything else? Why did a community member have to take initiative and do most of the work for this? Who is coordinating and managing devs and programming projects? Final Thoughts If this project is going to be run in a completely decentralized fashion that is fine. A governance structure similar to DASH would be suitable. The community could vote on funding the core Zcoin team in addition to other projects. The projects proposed by DASH are well thought out, have a fixed budget, and timeline with deliverables. Many of these projects ...

4 months ago

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