On May 22nd we held an AMA with COTI in our public Telegram channel. A full summary of the AMA is provided in the Medium link below.

COTI are holding an IEO on KuCoin Spotlight on June 4th.

🗣 Project Summary -

COTI is a blockchain 3.0 Proof of Trust DAG, Internal Exchange & Payment dApp. COTI aims to be the payment platform of choice for consumers, merchants & enterprise, bridging the gap between traditional and crypto payment platforms.

The COTI Trustchain consists of three main components, the Proof of Trust (PoT) Algorithm, Double Spend Protection (DSP) and Buyer Seller Protections.

COTI-X is an internal interoperability exchange and settlement layer, enabling cross currency payments, direct transfers of one currency to another and ensuring liquidy on the COTI platform.

COTI Pay is the payment dApp built on the COTI platform. COTI Pay offers a payment app and debit card for consumers along with a POS software suite for merchants, including processing tools that allow a merchant to accept and mange payments from COTI Pay wallet holders. COTI have also built a whitelabel solution for enterprise, allowing developers and organisations to issue their own branded tokens, payments apps and tools on top of the COTI platform.

https://medium.com/@wolfcrypto/coti-ama-with-wolf-crypto-part-two-c0ddfe2880e1

⭐️ RESERVE AMA 23/05/19 10am EDT, 3pm CET, 10pm CST ⭐️
⏰ Time until AMA - https://bit.ly/2K0BA8b
✋ Submit a question for the Reserve team - https://forms.gle/pJjQAEgCqU4KXzdA6

🗣 AMA is in our public channel https://t.me/WolfCryptoPub, so please join before we begin. 🎙

🗣 Summary -

The Reserve project aims to introduce a stable, decentralized currency that can’t be abused by a government because it is globally distributed outside of anyone’s control, and thus nearly impossible to shut down.

Reserve Protocol is a decentralized stablecoin system that scales supply with demand and is built to maintain 100% or more on-chain collateral backing.

The Reserve protocol defines two tokens:

The Reserve token (RSV) – the decentralized stablecoin
The Reserve Rights token (RSR) – a utility token with multiple roles in the network

🔥More Info:
⚡️- https://reserve.org/blog/reserves-analysis-of-the-basis-protocol
⚡️- https://reserve.org/blog/rsv-vs-rsr-a-primer
⚡️- https://reserve.org/blog/report-from-venezuela-an-inside-look-at-a-country-in-free-fall
⚡️- https://reserve.org/blog/reserve-faq
⚡️- https://reserve.org/blog/reserve-launches-on-huobi

👨‍👩‍👧 Team:
- Nevin Freeman - Co-Founder & CEO - https://www.linkedin.com/in/nevinfreeman
- Matt Elder - Co-Founder & CTO - https://www.linkedin.com/in/eldermatt
- Jeremy Schlatter - Software Engineer - https://www.linkedin.com/in/jeremy-schlatter/
- Charlie Smith - Business Development - https://www.linkedin.com/in/charliebsmith/

- Full Team - https://reserve.org/our-team

👨‍👩‍👧 Advisors:
- Paul Atkins - Former SEC Commissioner - https://www.sifma.org/people/paul-atkins/
- Santiago Siri - Founder of Democracy Earth - https://www.linkedin.com/in/santisiri/
- Benjamin Verschuere - Former Portfolio Manager at Thiel Macro - https://www.linkedin.com/in/benjamin-verschuere-66106116/

👉 Reserve links:
- Website - https://reserve.org/
- Twitter - https://twitter.com/reserveprotocol
- Telegram - https://t.me/reservecurrency
- Blog - https://reserve.org/blog
- Github - https://github.com/reserve-protocol
- Whitepaper - https://reserve.org/whitepaper.pdf

Vitalik Buterin proposes implementing built in transaction mixer to Ethereum.

"Currently there are large privacy problems in the ethereum ecosystem. The default behavior is to do everything through a single account, which allows all of a user’s activities to be publicly linked to each other. It seems like this can be improved by using multiple addresses, but not really: the transactions you make to send ETH to those addresses themselves reveal the link between them.

This greatly hinders adoption of many applications.

A simple mixer for sending fixed quantities of ETH from one account to another without the link being visible on-chain would be a great first step in alleviating this. Even if the quantities of ETH it targets are small (eg. a fixed denomination of 0.1 ETH) it could go a long way in enabling privacy-preserving usage in the many applications that do not involve large quantities of funds but need some ETH to pay for small-scale security deposits and/or application and particularly transaction fees."

https://hackmd.io/s/rJj9hEJTN

On May 23rd we held an AMA with Reserve in our public Telegram channel. A full summary of the AMA is provided in the Medium link below.

🗣 Project Summary -

The Reserve project aims to introduce a stable, decentralized currency that can’t be abused by government’s because it is globally distributed outside of anyone’s control, and thus nearly impossible to shut down.

Reserve Protocol is a decentralized stablecoin system that scales supply with demand and is built to maintain 100% or more on-chain collateral backing.

The Reserve protocol defines two tokens:

The Reserve token (RSV) — the decentralized stablecoin
The Reserve Rights token (RSR) — a utility token with multiple roles in the network

https://medium.com/@wolfcrypto/reserve-ama-with-wolf-crypto-1c3b745760cb

Facebook "crypto adoption". Good or bad? Probably bad, but let's see!

https://www.bbc.co.uk/news/business-48383460

Fantom and COTI have partnered to become "DAG Bros" and build a token brigde between FTM and COTI

‘’Unless we are thrown into a state of Armageddon between today and tomorrow, we believe that there will be a market for a multitude of distributed ledgers and token standards. When building a cohesive digital economy, projects should work with each other instead of against each other, therefore we are of the opinion that interoperability and collaboration function as the building block for the mass adoption of both Fantom and COTI.’’
Fantom’s CMO Michael Chen.

https://twitter.com/FantomFDN/status/1131988898614251521

⭐️ CHROMIA AMA 27/05/19 12pm UTC, 8am EDT, 8pm CST⭐️
⏰ Time until AMA - https://bit.ly/30K50xu
✋ Submit a question for the Chromia team - https://forms.gle/Cd1do73PLpwDL6m1A

🗣 AMA is in our public channel https://t.me/WolfCryptoPub, so please join before we begin. 🎙

🗣 Summary -

Chromia formerly Chromapolis, is both a blockchain and a relational database. This means that decentralized applications (dApps) can be written in a way that is familiar to developers all over the world, whether they work on large enterprise applications, games, or smaller projects.

All applications need a way to store and handle application data - a database. Relational databases are considered to be best in class for flexibility, versatility and consistency.

Blockchains perform the role of a database: They store application data and make sure that any additions, updates and transformations are consistent with the rules of the application. By delegating blockchain logic and storage to a relational database management system, Chromia achieves a seamless fusion of the two.

Chromia are the next IEO on KuCoin Spotlight, starting on May 28th

🔥More Info:
⚡️- https://blog.chromia.com/what-is-relational-blockchain-and-why-should-you-use-it/
⚡️- https://blog.chromia.com/towards-publicly-hosted-applications/
⚡️- https://blog.chromia.com/tianlin-shao-davos/
⚡️- https://www.kucoin.com/news/en-announcement-of-chromia-chr-token-sale-on-kucoin-spotlight
⚡️- https://medium.com/wolf-crypto/wolf-crypto-ico-review-chromapolis-by-chromaway-33a23bbe0400

👨‍👩‍👧 Team:
- Henrik Hjelte - Co-Founder & CEO - https://www.linkedin.com/in/henrikhjelte/
- Or Perelman - Co-Founder & COO - https://www.linkedin.com/in/orperelman/
- Alex Mizrahi - Co-Founder & CTO - https://www.linkedin.com/in/alex-mizrahi-a1b2b44/

- Full Team - https://chromaway.com/aboutus/

👨‍👩‍👧 Advisors:
- Charlie Lee - Founder of Litecoin - https://www.linkedin.com/in/chocobo/
- Vinny Lingham - Co-Founder & CEO Civic - https://www.linkedin.com/in/vinnylingham/
- Yiseul Cho - Venture Partner @ FBG Capital - https://www.linkedin.com/in/yiseulcho/

👉 Chromia links:
- Website - https://chromapolis.com/
- Twitter - https://twitter.com/chromaway?lang=en
- Telegram - https://t.me/chromapolisbychromaway
- Blog - https://blog.chromia.com/
- Bitbucket - https://bitbucket.org/chromawallet/
- Whitepaper - https://chromapolis.com/papers/chromapolis%20-%20platform%20white%20paper.pdf

A little update to Fantom listing on the Binance Chain DEX

https://medium.com/fantomfoundation/one-more-step-towards-interoperability-binance-dex-is-listing-fantom-bf9777fd83fb

​​BEAM: the glorious NO PREMINE meme 🤦‍♂️

One of the way maximalists like to get their pipi excited - is to talk about fair launch and bash Ethereum scam because it had premine. Fair launch is when no one has any coins "for free" minted pre-launch. Everyone can start PoW mining at the same time. Sure, you have some information assymetry since mining early=better, but it's at least "fairer".

But oh, people need to eat, so what to do? Need money... Sell a part of the future foundation rewards! This is how Zcash did it as well. As PoW mining kicks off and proceeds, part of block rewards go into the foundation, which is their incentive to keep developing the protocol. What you do is pre-sell that. So investors get some USD early, and investors get their future rewards "cheaper". Look at those yearly plans. They expect to be alive after 100 years?! Thus, Beam raised over 5M USD this way 💰

Putting that aside, they had also their own miners at the very beginning which is not really unprofitable. Talking about information assymetry. So, Beam had some 💰 from mining early as well. And let's raise more! Now, Beam is raising money to build commercial solutions on top of Beam. A different equity raise, not for the tokens. This is to speed up adoption, of course, right? They are planning for 5-10M USD for Series A 💰 Screenshots attached below. Thus, Beam is trying to raise yet another bag.

Just to note: projected marketcap of 1B in 2019. Current marketcap is 8.5M...

How much is ENOUGH? When does one STOP RAISING? 🙅‍♂️ Thx @WolfCryptoAnnounce

First, it is unethical and unprofessional to publicly share information that was only intended to the recipient’s eyes. We know exactly who the leaker is, btw.

As to the facts:

Yes, Beam raised VC money against part of the Founders' Reward, similar to Zcash's model, all from professional and respected investors.

Yes, at some point we shared certain projections with certain investors, always with disclaimers. Projections do not always come true.

Yes, we may raise additional VC funds in the future to continue developing the protocol and solutions on top of it.

No, we have not done ANY "early mining" of Beam. The launch was 100% fair. Anyone who accuses us of this better be able to present some proof. We also understand that the leaker also made an accusation that the team rented 1 million mobile phones to mine Beam which is utterly ridiculous.

We are running as a company and we never tried to hide that. We are transparent with the community as much as a company can be. We are very confident of what we are doing and we have nothing to be ashamed of.

We have always made it clear that eventually the control of the protocol will be passed to the Beam Foundation that will use part of the Treasury to operate, while the company will be building various business uses cases on top of the protocol and the currency.

We are always forthcoming and ready to answer any questions, including tough ones. Come see for yourself: https://t.me/BeamPrivacy

On May 27th we held an AMA with Chromia in our public Telegram channel. A full summary of the AMA is provided in the Medium link below.

🗣 Project Summary -

Chromia formerly Chromapolis, is both a blockchain and a relational database. This means that decentralized applications (dApps) can be written in a way that is familiar to developers all over the world, whether they work on large enterprise applications, games, or smaller projects.

All applications need a way to store and handle application data - a database. Relational databases are considered to be best in class for flexibility, versatility and consistency.

Blockchains perform the role of a database: They store application data and make sure that any additions, updates and transformations are consistent with the rules of the application. By delegating blockchain logic and storage to a relational database management system, Chromia achieves a seamless fusion of the two.

Chromia are the next IEO on KuCoin Spotlight, starting on May 28th.

https://medium.com/@wolfcrypto/chromia-ama-with-wolf-crypto-2e07262d0489

Crypto + Football 💰⚽️❤️

"Sports is the perfect vehicle through which to educate mass consumers about the potential and the utility of blockchain technology. I’m proud that Binance and Chiliz are leading that charge globally.”

CZ (Changpeng Zhao), CEO & Founder of Binance

https://twitter.com/alex_dreyfus/status/1133728808840957952

Algorand = REKT?

"He believes that in the Algorand protocol, if the attacker controls 1/3 of the currency, then they can effectively maliciously fork the blockchain."

33.3% attack...

https://hackernoon.com/a-fatal-flaw-in-algorand-professor-yongge-wang-takes-apart-their-renown-consensus-agreement-4c111286cdbb

Algorand's Response to the above article

https://medium.com/algorand/various-questions-about-the-algorand-blockchain-ef8bf719f1f

🔴 Live coverage from the Craig S. Wright live interview at CoinGeek Toronto:

1. Craig created Bitcoin.
2. Craig registered bitcoin.org
3. Craig is the satoshi on Bitcointalk, with help from Dave.
4. Silk Road turned him off and this is why he disappeared. “Everything I have been doing for years, I thought I failed”
5. A pseudonym was used because of the nasty way previous attempts at digital currencies ended.
6. 21 million bitcoins was a result of integer value limitations.
... cont’d

7. Craig was the only one to run bitcoin nodes at the start, 65 machines at his cattle ranch. His farm and house were 3 hours apart.
8. Dave helped with keeping the machines running.
9. “It was a hobby—a hobby I spent all my money on.”
10. The first week was just abysmal, the blockchain kept falling over.
11. The bitcoin project was left in the hands of Gavin—“he’s too nice and made me look like a shadowy figure”
...cont’d

12. Wouldn’t change anything about Bitcoin, as it’s finally scaling.
13. Attacks on him as a person have affected his family.
14. Family have been very supportive in his bitcoin journey—“I’ll never be nice, not a lot of people can put up with me; I’m better than I was”
15. “I’m not good with groups, when I first came out I was scared shitless”