Cryptocurrency miners can benefit from special electricity rates
US cryptocurrency miners will now be able to benefit from a special price for electricity. A New York-based utility provider received approval from financial regulators.
This decision could significantly attract a larger number of cryptocurrency miners who intend to take advantage of cheaper sources of electricity in New York. According to Commission Chairman John Rhodes, the new legislative amendment is a method of balance in the sense of ensuring the legitimate payment of electricity bills as well as attracting new companies in the region.
Under the new law, in order to benefit from a special rate, customers will need to use over 300 kilowatt-hours. The special contracts will be reviewed by Massena’s main utility provider and must “protect existing customers from increased supply costs resulting from the new service.”
As previously reported by Coindoo, Massena could host the largest Bitcoin mining center in the world after Coinmint announced it will make an investment worth $ 700 million in a mining facility based in the city and create 150 new jobs.
“The thought of 150 jobs and revitalization of the Alcoa East Facility is exciting,” claimed Steve O’Shaughnessy, Massena town supervisor. “We are ready to provide any assistance we can to move this project to its full potential.”
The fact that miners now have a special rate for electricity consumption will definitely attract more businesses in town, while the existing ones will feel free to record higher consumption.
US cryptocurrency miners will now be able to benefit from a special price for electricity. A New York-based utility provider received approval from financial regulators.
This decision could significantly attract a larger number of cryptocurrency miners who intend to take advantage of cheaper sources of electricity in New York. According to Commission Chairman John Rhodes, the new legislative amendment is a method of balance in the sense of ensuring the legitimate payment of electricity bills as well as attracting new companies in the region.
Under the new law, in order to benefit from a special rate, customers will need to use over 300 kilowatt-hours. The special contracts will be reviewed by Massena’s main utility provider and must “protect existing customers from increased supply costs resulting from the new service.”
As previously reported by Coindoo, Massena could host the largest Bitcoin mining center in the world after Coinmint announced it will make an investment worth $ 700 million in a mining facility based in the city and create 150 new jobs.
“The thought of 150 jobs and revitalization of the Alcoa East Facility is exciting,” claimed Steve O’Shaughnessy, Massena town supervisor. “We are ready to provide any assistance we can to move this project to its full potential.”
The fact that miners now have a special rate for electricity consumption will definitely attract more businesses in town, while the existing ones will feel free to record higher consumption.
Shanghai Stock Exchange examines the use of DLT
The Shanghai Stock Exchange (SSE), one of the world's largest stock exchanges for market capitalization, insists on using distributed registry technology (DLT) in the securities market. SSE published a research paper on Tuesday analyzing the use of DLTs at various stages of transactions, such as trader registration, issuance and trading of securities, and post-trade settlement. Further, the stock exchange summarized some of the key benefits of implementing DLT in China's financial infrastructure, such as improving the efficiency of settlements by replacing the current T + 1 model, in which the transaction can be resolved only one business day after the order is completed.
Being the fourth largest stock exchange in the world by market capitalization at the level of 5.12 trillion in trade volume, As of December 2017, SSE is a non-profit organization directly managed by a government agency, namely the China Securities Regulatory Commission. However, the study document suggested that the potential deployment of DLT on the Chinese stock exchange may still face a number of regulatory obstacles, as this conflicts with the existing centralized system of registration and settlement. For example, SSE currently uses a third-party intermediary to store and resolve transactions used in trading. The use of the DLT could essentially replace this system and for this, a new legal framework, issued by regulating authorities and central government bodies, is needed on the market.
The Shanghai Stock Exchange (SSE), one of the world's largest stock exchanges for market capitalization, insists on using distributed registry technology (DLT) in the securities market. SSE published a research paper on Tuesday analyzing the use of DLTs at various stages of transactions, such as trader registration, issuance and trading of securities, and post-trade settlement. Further, the stock exchange summarized some of the key benefits of implementing DLT in China's financial infrastructure, such as improving the efficiency of settlements by replacing the current T + 1 model, in which the transaction can be resolved only one business day after the order is completed.
Being the fourth largest stock exchange in the world by market capitalization at the level of 5.12 trillion in trade volume, As of December 2017, SSE is a non-profit organization directly managed by a government agency, namely the China Securities Regulatory Commission. However, the study document suggested that the potential deployment of DLT on the Chinese stock exchange may still face a number of regulatory obstacles, as this conflicts with the existing centralized system of registration and settlement. For example, SSE currently uses a third-party intermediary to store and resolve transactions used in trading. The use of the DLT could essentially replace this system and for this, a new legal framework, issued by regulating authorities and central government bodies, is needed on the market.
Cryptocurrencies will take center stage once again on Capitol Hill next week
The U.S. House of Representatives Financial Services Committee announced Thursday that it would host a hearing titled "The Future of Money: Digital Currency" on Wednesday, July 18.
Though the Committee, headed by Chairman Jeb Hensarling, has yet to announce a full list of participating witnesses, CoinDesk confirmed that the event will be livestreamed on its website.
Past hearings by the Committee have seen lawmakers discuss cryptocurrencies through the lenses of terrorism financing and fraudulent investments, as previously reported by CoinDesk.
That being said, it seems the topic of next week's hearing is more geared towards debating the utility of cryptocurrencies as a form of money.
It is a timely topic in light of an increasing interest in cryptocurrencies as a potentially useful monetary tool for governments and more specifically, central banks, around the world. In March, the Bank of International Settlements, what some consider as the central bank to central banks, argued cryptocurrencies backed by central banks could in fact fuel faster bank runs during periods of financial instability.
Other countries including Canada, Finland and South Korea have weighed in on the matter, though responses have been mixed with trepidation.
The U.S. House of Representatives Financial Services Committee announced Thursday that it would host a hearing titled "The Future of Money: Digital Currency" on Wednesday, July 18.
Though the Committee, headed by Chairman Jeb Hensarling, has yet to announce a full list of participating witnesses, CoinDesk confirmed that the event will be livestreamed on its website.
Past hearings by the Committee have seen lawmakers discuss cryptocurrencies through the lenses of terrorism financing and fraudulent investments, as previously reported by CoinDesk.
That being said, it seems the topic of next week's hearing is more geared towards debating the utility of cryptocurrencies as a form of money.
It is a timely topic in light of an increasing interest in cryptocurrencies as a potentially useful monetary tool for governments and more specifically, central banks, around the world. In March, the Bank of International Settlements, what some consider as the central bank to central banks, argued cryptocurrencies backed by central banks could in fact fuel faster bank runs during periods of financial instability.
Other countries including Canada, Finland and South Korea have weighed in on the matter, though responses have been mixed with trepidation.
Codex Protocol is a decentralized title registry for the $2 Trillion Art & Collectibles asset class. Supported by a large industry consortium, The Codex stores ownership and provenance information while ensuring privacy for collectors.
At launch, several initial DApps will allow collectors to more easily find what they want, buy at auctions, and ensure authenticity, all with cryptocurrency. The Codex is the first step to achieving a larger and more accessible art and collectibles market.
Check out our recent testnet launch! https://beta.codex-viewer.com/#/
Details about the testnet can be found here: https://medium.com/codexprotocol/codex-development-update-codex-viewer-launch-117fd01f4a38
——————————
LINKS
Website: http://www.codexprotocol.com
Whitepaper: https://goo.gl/Fjcu7d
Bitcointalk: https://bitcointalk.org/index.php?topic=4494244.0
Twitter: https://twitter.com/codexprotocol
Facebook: https://www.facebook.com/codexprotocol/
Medium: https://medium.com/codexprotocol
Reddit: https://www.reddit.com/r/CodexProtocol/
YouTube: https://bit.ly/2K4NYo7
At launch, several initial DApps will allow collectors to more easily find what they want, buy at auctions, and ensure authenticity, all with cryptocurrency. The Codex is the first step to achieving a larger and more accessible art and collectibles market.
Check out our recent testnet launch! https://beta.codex-viewer.com/#/
Details about the testnet can be found here: https://medium.com/codexprotocol/codex-development-update-codex-viewer-launch-117fd01f4a38
——————————
LINKS
Website: http://www.codexprotocol.com
Whitepaper: https://goo.gl/Fjcu7d
Bitcointalk: https://bitcointalk.org/index.php?topic=4494244.0
Twitter: https://twitter.com/codexprotocol
Facebook: https://www.facebook.com/codexprotocol/
Medium: https://medium.com/codexprotocol
Reddit: https://www.reddit.com/r/CodexProtocol/
YouTube: https://bit.ly/2K4NYo7
Medium
Codex development update & Codex Viewer launch
I’m happy to share with everyone our first development update.
NULS have found a partner. Now this is Bitmain.
NULS, an open source project, announced its partnership with Bitmain. Lisa Huang, the new CEO of NULS, made this statement at a conference in Beijing.
The partnership with this "largest manufacturer of Bitcoin equipment" focuses on developing cross-media and other joint projects in the future.
Crosschain refers to the technologies with which two or more blockchain can interact with each other. The most popular cross-technology is atomic swaps that can conduct transactions between two or more blocs.
NULS, an open source project, announced its partnership with Bitmain. Lisa Huang, the new CEO of NULS, made this statement at a conference in Beijing.
The partnership with this "largest manufacturer of Bitcoin equipment" focuses on developing cross-media and other joint projects in the future.
Crosschain refers to the technologies with which two or more blockchain can interact with each other. The most popular cross-technology is atomic swaps that can conduct transactions between two or more blocs.
Bank of Queensland Bans cryptocurrency purchase with Mortgage Loans
Australian Bank of Queensland has banned using mortgage loans for acquisition or trading with cryptocurrencies due to the high volatility of the virtual coins, local media reported on Thursday. The lender’s amended policy now rules that “any loan purpose that involves the acquisition of or usage of cryptocurrency is unacceptable”, according to Australia Financial Review newspaper.
The broker explained that Australia’s government bodies are monitoring the bank accounts to detect any sign of using funds for cryptocurrency trading. The country’s virtual coin market grew significantly last year, according to a report of the Australian Digital Commerce Association (ADCA) and the consultancy company Accenture. Cryptocurrency trading reached A$3.9 billion (more than $2.8 billion) in 2017 with more than 300,000 active users, with Bitcoin (BTC) and Ethereum (ETH) being the top traded digital currencies.
As the crypto trading expands with leading players like Huobi launching services in Australia, the regulators step up establishing rules for the industry. Recently, the AUSTRAC (Australian Transaction Reports and Analysis Centre) has implemented new rules for digital exchanges, including registration regime, as well as anti-money laundering (AML) and counter-terrorist financing (CTF)rules requirements. Several days ago, the Australian Tax Authority (ATO) said that the agency will seek international cooperation to tackle hiding of cryptocurrency income. This year Australian traders must file tax declarations about their crypto incomes for the first time after ATO has declared virtual coins like Bitcoin an asset liable for capital gains tax (CGT). This month Australia, along with the United States, the United Kingdom, Canada, and the Netherlands established an international alliance, J5, which unites their tax authorities in a bid to fight money laundering and tax avoidance, including crimes related to cryptocurrency.
Australian Bank of Queensland has banned using mortgage loans for acquisition or trading with cryptocurrencies due to the high volatility of the virtual coins, local media reported on Thursday. The lender’s amended policy now rules that “any loan purpose that involves the acquisition of or usage of cryptocurrency is unacceptable”, according to Australia Financial Review newspaper.
The broker explained that Australia’s government bodies are monitoring the bank accounts to detect any sign of using funds for cryptocurrency trading. The country’s virtual coin market grew significantly last year, according to a report of the Australian Digital Commerce Association (ADCA) and the consultancy company Accenture. Cryptocurrency trading reached A$3.9 billion (more than $2.8 billion) in 2017 with more than 300,000 active users, with Bitcoin (BTC) and Ethereum (ETH) being the top traded digital currencies.
As the crypto trading expands with leading players like Huobi launching services in Australia, the regulators step up establishing rules for the industry. Recently, the AUSTRAC (Australian Transaction Reports and Analysis Centre) has implemented new rules for digital exchanges, including registration regime, as well as anti-money laundering (AML) and counter-terrorist financing (CTF)rules requirements. Several days ago, the Australian Tax Authority (ATO) said that the agency will seek international cooperation to tackle hiding of cryptocurrency income. This year Australian traders must file tax declarations about their crypto incomes for the first time after ATO has declared virtual coins like Bitcoin an asset liable for capital gains tax (CGT). This month Australia, along with the United States, the United Kingdom, Canada, and the Netherlands established an international alliance, J5, which unites their tax authorities in a bid to fight money laundering and tax avoidance, including crimes related to cryptocurrency.
Wemark
The blockchain-based marketplace for digital content
📥Telegram: https://t.me/wemark
🌐Web: https://tge.wemark.com/
🎬Video: https://youtu.be/pWCFt_M28eE
⌚️TGE: May 7th, 2018
🔗Type: ERC20
💰Soft Cap: $1.5M
💰Hard Cap: $8M
Backed with equity investments by VC’s from Silicon Valley, New York and Israel
📃Project description:
Starting with photos, Wemark is a new kind of marketplace for digital content. Shutterstock and Getty images control the 4B$ stock photography industry and take up to 85% of what creators earn.
With Wemark, creators license their content directly to customers. They keep much more of their revenues and all the rights to their content. Customers get access to better photos at better prices.
Wemark already has a working alpha with thousands of photographers signed up and submitted +20,000 photos to the platform. See more at www.wemark.com
http://wemark.com/
https://t.me/wemark
The blockchain-based marketplace for digital content
📥Telegram: https://t.me/wemark
🌐Web: https://tge.wemark.com/
🎬Video: https://youtu.be/pWCFt_M28eE
⌚️TGE: May 7th, 2018
🔗Type: ERC20
💰Soft Cap: $1.5M
💰Hard Cap: $8M
Backed with equity investments by VC’s from Silicon Valley, New York and Israel
📃Project description:
Starting with photos, Wemark is a new kind of marketplace for digital content. Shutterstock and Getty images control the 4B$ stock photography industry and take up to 85% of what creators earn.
With Wemark, creators license their content directly to customers. They keep much more of their revenues and all the rights to their content. Customers get access to better photos at better prices.
Wemark already has a working alpha with thousands of photographers signed up and submitted +20,000 photos to the platform. See more at www.wemark.com
http://wemark.com/
https://t.me/wemark
A group of Russian military intelligence officers indicted Friday as part of an ongoing investigation into interference in the 2016 U.S. presidential election allegedly used bitcoin to fund their operations.
In the just-released indictment, prosecutors assert that the 12 named intelligence officers hacked computer networks and email accounts owned and used by the U.S. Democratic Party, including the presidential campaign of Democratic candidate Hillary Clinton.
The details were included under a charge of conspiracy to launder money. According to the indictment, the defendants "conspired to launder the equivalent of $95,000 through a web of transactions structured to capitalize on the perceived anonymity of cryptocurrencies such as bitcoin."
"In an effort to pay for their efforts around the world ... the defendants paid for it with cryptocurrency," deputy U.S. Attorney General Rod Rosenstein said during a press briefing.
While the defendants allegedly used other currencies, including the U.S. dollar, "they principally used bitcoin when purchasing servers, registering domains, and otherwise making payments in furtherance of hacking activity."
Payments are said to have been made to companies in the U.S., with some of those funds being traced to a bitcoin mining operation.
In the just-released indictment, prosecutors assert that the 12 named intelligence officers hacked computer networks and email accounts owned and used by the U.S. Democratic Party, including the presidential campaign of Democratic candidate Hillary Clinton.
The details were included under a charge of conspiracy to launder money. According to the indictment, the defendants "conspired to launder the equivalent of $95,000 through a web of transactions structured to capitalize on the perceived anonymity of cryptocurrencies such as bitcoin."
"In an effort to pay for their efforts around the world ... the defendants paid for it with cryptocurrency," deputy U.S. Attorney General Rod Rosenstein said during a press briefing.
While the defendants allegedly used other currencies, including the U.S. dollar, "they principally used bitcoin when purchasing servers, registering domains, and otherwise making payments in furtherance of hacking activity."
Payments are said to have been made to companies in the U.S., with some of those funds being traced to a bitcoin mining operation.
Coinbase is one of the largest online cryptocurrency exchanges in the world. Supporting purchases of Bitcoin, Ethereum, Litecoin and Bitcoin Cash using credit or debit cards. It works in the same way as any online purchase, has a great user interface with interactive charts, and supports 2factor authenticator for enhanced security when logging in. The problem with Coinbase however, is the fees you must pay when making a purchase. But there is actually a total legitimate way to avoid Coinbase fees altogether. This method will also allow users to buy bitcoin with no fees as well as the other cryptocurrencies offered by Coinbase.
Considering they had over 100,000 new users in just 24 hours alone, after CME announced their planned Bitcoin futures market, Coinbase must be making an absolute fortune!
What are the Coinbase Fees?
whopping 3.99%. The charge applies to all standard purchases of any of the aforementioned cryptocurrencies on the Coinbase website including some fees to cash out your crypto on top of that. (Full Fees List)
The good news however, is that you can avoid Coinbase fees altogether. Coinbase has a range of products now one of which is called Coinbase Pro, formerly known as Gdax. Gdax was rebranded to Coinbase Pro recently and although the services and platform is almost identical to Gdax, it appears to be part of a marketing plan to promote the Coinbase brand. Fortunately users are able to use Coinbase Pro to avoid Coinbase fees and purchase bitcoin with no fees.
While Coinbase Pro is a trading platform and therefore is not a straightforward to use as the regular Coinbase site, it is worth spending a bit of time to learn the platform as you can avoid the fess applied by Coinbase.
On a £1000 purchase, you would end up paying £39.9 in fees alone!
So how do you avoid Coinbase fees?
Because Coinbase Pro and Coinbase are owned by the same company, they use the same back end processes to handle transactions and store your crypto. This means that sending between the two is instant and free which.
Coinbase only charge fees on crypto purchases, meaning you can deposit fiat currency for free, allowing you to buy Bitcoin with no fees.
✅ Step 1. Deposit your Coinbase account with whatever fiat currency you us
✅ Step 2. Send the fiat from Coinbase to Coinbase Pro
✅ Step 3. Buy your desired cryptocurrency on Coinbase Pro using a limit purchase. They charge an albeit much smaller fee for a simple market purchase, but a limit buy is also very easy to do and most importantly, completely free!
✅ Step 4. Send your crypto back over to Coinbase if desired, again completely free!
Considering they had over 100,000 new users in just 24 hours alone, after CME announced their planned Bitcoin futures market, Coinbase must be making an absolute fortune!
What are the Coinbase Fees?
whopping 3.99%. The charge applies to all standard purchases of any of the aforementioned cryptocurrencies on the Coinbase website including some fees to cash out your crypto on top of that. (Full Fees List)
The good news however, is that you can avoid Coinbase fees altogether. Coinbase has a range of products now one of which is called Coinbase Pro, formerly known as Gdax. Gdax was rebranded to Coinbase Pro recently and although the services and platform is almost identical to Gdax, it appears to be part of a marketing plan to promote the Coinbase brand. Fortunately users are able to use Coinbase Pro to avoid Coinbase fees and purchase bitcoin with no fees.
While Coinbase Pro is a trading platform and therefore is not a straightforward to use as the regular Coinbase site, it is worth spending a bit of time to learn the platform as you can avoid the fess applied by Coinbase.
On a £1000 purchase, you would end up paying £39.9 in fees alone!
So how do you avoid Coinbase fees?
Because Coinbase Pro and Coinbase are owned by the same company, they use the same back end processes to handle transactions and store your crypto. This means that sending between the two is instant and free which.
Coinbase only charge fees on crypto purchases, meaning you can deposit fiat currency for free, allowing you to buy Bitcoin with no fees.
✅ Step 1. Deposit your Coinbase account with whatever fiat currency you us
✅ Step 2. Send the fiat from Coinbase to Coinbase Pro
✅ Step 3. Buy your desired cryptocurrency on Coinbase Pro using a limit purchase. They charge an albeit much smaller fee for a simple market purchase, but a limit buy is also very easy to do and most importantly, completely free!
✅ Step 4. Send your crypto back over to Coinbase if desired, again completely free!
The data economy is broken. Large corporations hoard data for their own means, while small companies are left to pick from a collection of fragmented sources. This stalls innovation in frontier industries like Artificial Intelligence and Machine Learning.
At the same time, Data Vendors and Producers have little incentive to continue producing the authentic data these small companies need. This isn’t a sustainable model for the “new oil.”
Quadrant changes all that by providing a blueprint for mapping these decentralized data sources. Authenticity, provenance, compliancy, and fair compensation all rolled into a single protocol.
With Quadrant, everybody wins. Data Producers get compensated fairly every time their data is used, not just the first time it is sold. Data Vendors can prove ownership of their data products and earn status as a trusted supplier. Data Consumers get access to authentic and compliant data that they can use to power their data-driven businesses.
But where Quadrant really shines is the opportunity it provides the Elons of the world to solve global problems. Elons are the game-changers, the innovators that will find connections between diverse datasets that bring about fundamental changes in the way we live.
Quadrant is the future of authentic data. Get in on this revolutionary project while you can.
Quadrant is a blockchain-based protocol that enables the access, creation, and distribution of data products and services with authenticity and provenance at its core. The data economy is similar to space; unmapped and chaotic. Quadrant serves as the blueprint that provides an organized system for the utilization of decentralized data.
Learn more about Quadrant Protocol here:
http://quadrantprotocol.com
https://t.me/quadrantprotocol8
At the same time, Data Vendors and Producers have little incentive to continue producing the authentic data these small companies need. This isn’t a sustainable model for the “new oil.”
Quadrant changes all that by providing a blueprint for mapping these decentralized data sources. Authenticity, provenance, compliancy, and fair compensation all rolled into a single protocol.
With Quadrant, everybody wins. Data Producers get compensated fairly every time their data is used, not just the first time it is sold. Data Vendors can prove ownership of their data products and earn status as a trusted supplier. Data Consumers get access to authentic and compliant data that they can use to power their data-driven businesses.
But where Quadrant really shines is the opportunity it provides the Elons of the world to solve global problems. Elons are the game-changers, the innovators that will find connections between diverse datasets that bring about fundamental changes in the way we live.
Quadrant is the future of authentic data. Get in on this revolutionary project while you can.
Quadrant is a blockchain-based protocol that enables the access, creation, and distribution of data products and services with authenticity and provenance at its core. The data economy is similar to space; unmapped and chaotic. Quadrant serves as the blueprint that provides an organized system for the utilization of decentralized data.
Learn more about Quadrant Protocol here:
http://quadrantprotocol.com
https://t.me/quadrantprotocol8
Quadrantprotocol
Quadrant Protocol
A blueprint to map decentralized data, it is a blockchain based data protocol that is powering Quadrant.io and Geolancer.app
EOS Network lives up to the hype but not an Ethereum killer
A Reddit user shared a screenshot of the 24-hour transaction volume of 727,334, recently. EOS created a new record for volume of transactions per second. It also equaled more than 50 percent of its rival Ethereum’s ‘Record’ transactions.
As per statistics from Blocktivity, Ethereum has more than 26.606 unconfirmed transactions with the highest transaction pace of 593,437 tx/24h. On the other hand, EOS occupies merely 0.02 percent of its total capacity with approximately 201.000 tx/24h.
One thing is clear: EOS is not an Ethereum killer. It’s just the excitement among certain investors that is leading to the hype. Also, these networks do conduct stress tests from time to time.
It is quite possible that the Ethereum blockchain could be plagued with overcrowding. This will, undoubtedly, frustrate a section of people for the faith reposed in the technology. However, it is also quite likely that the issue will not remain forever.
Renowned or popular digital currencies focus more on technology and consistency rather than jumping ship. The primary focus is to prevent any negative impact while testing new solutions.
Trustworthiness is another key factor that assumes importance. These factors are applicable for Bitcoin Core developers, too, as they don’t show any hurry in executing solutions.
A Reddit user shared a screenshot of the 24-hour transaction volume of 727,334, recently. EOS created a new record for volume of transactions per second. It also equaled more than 50 percent of its rival Ethereum’s ‘Record’ transactions.
As per statistics from Blocktivity, Ethereum has more than 26.606 unconfirmed transactions with the highest transaction pace of 593,437 tx/24h. On the other hand, EOS occupies merely 0.02 percent of its total capacity with approximately 201.000 tx/24h.
One thing is clear: EOS is not an Ethereum killer. It’s just the excitement among certain investors that is leading to the hype. Also, these networks do conduct stress tests from time to time.
It is quite possible that the Ethereum blockchain could be plagued with overcrowding. This will, undoubtedly, frustrate a section of people for the faith reposed in the technology. However, it is also quite likely that the issue will not remain forever.
Renowned or popular digital currencies focus more on technology and consistency rather than jumping ship. The primary focus is to prevent any negative impact while testing new solutions.
Trustworthiness is another key factor that assumes importance. These factors are applicable for Bitcoin Core developers, too, as they don’t show any hurry in executing solutions.
Bittrex has announced on July 12, 2018 that the TRON blockchain upgrade has been completed on the Main Network. Proportionally, TRON’s platform has named its six Super Representatives that verifying the network. And more candidates are entering the scene to be elected.
One of the candidates running for a chair is Antpool. It is among the largest BTC mining pools that are connected to the ASIC producer.
However, the most likely to take a place is Skypeople with over 250 mil tokens in voting. Accordingly with the team’s roadmap, during the Guardian Phase – Guardian Representatives are named by the team who secure the network.
The Tron (TRX) Competition proudly organized by Binance has come to an end today. At the end of the competition, 31 TRX traders’ accounts were compensated. Special Prize of 2,000,000 TRX was awarded to a single account who was the top trader, while 10 accounts won 200,000 TRX each, and 20 accounts won 50,000 TRX.
One of the candidates running for a chair is Antpool. It is among the largest BTC mining pools that are connected to the ASIC producer.
However, the most likely to take a place is Skypeople with over 250 mil tokens in voting. Accordingly with the team’s roadmap, during the Guardian Phase – Guardian Representatives are named by the team who secure the network.
The Tron (TRX) Competition proudly organized by Binance has come to an end today. At the end of the competition, 31 TRX traders’ accounts were compensated. Special Prize of 2,000,000 TRX was awarded to a single account who was the top trader, while 10 accounts won 200,000 TRX each, and 20 accounts won 50,000 TRX.
AMEX now on blockchain
According to the U.S. Patent and Trademark Office, American Express filed a patent related to blockchain technology on 12th January 2017. The giant financial corporation’s patent refers to a proof-of-payment system based on the blockchain.
The patent’s applicant is listed under AMEX’s travel wing. American Express Travel Related Services Co.’s proposed system will automate proof-of-payments by encrypting payment payload information.
This will be carried through a public key on an initial node of the blockchain. The patent details a system which uses connected smart devices to perform actions for transactions.
The blockchain-powered platform of AMEX will approve and decline payment requests. The exchange of data will be built on the blockchain while the payment transfers would be done between the senders’ and receivers’ digital wallets.
The patent consists of different use cases for such an anchored and secured system. The greater part of the proposed use cases would conceivably encourage clients for effortless payment schemes. Various gadgets of AMEX can retrieve and decrypt proof-of-payments stored on the blockchain.
For verifying a payment using a blockchain-based system, the system may receive a payment confirmation including a transaction amount and a merchant identifier. A record of this can be selected from a registration repository by matching the merchant identifier to the record. The registered record will have a public key associated with the same via a registration process.
Any device that has been connected to the technology will be capable of decrypting the payment payload, match the identifier from the payment payload to a second identifier present on the same network.
The node can trigger an action in response to the identifier from the payment payload matching the second identifier present on the network. The connected device may also reduce the payment amount of the payment payload in response to triggering the action.
With the help of blockchain technology, the patent propagates the proof of payment concept to various devices in accordance with different embodiments.
According to the U.S. Patent and Trademark Office, American Express filed a patent related to blockchain technology on 12th January 2017. The giant financial corporation’s patent refers to a proof-of-payment system based on the blockchain.
The patent’s applicant is listed under AMEX’s travel wing. American Express Travel Related Services Co.’s proposed system will automate proof-of-payments by encrypting payment payload information.
This will be carried through a public key on an initial node of the blockchain. The patent details a system which uses connected smart devices to perform actions for transactions.
The blockchain-powered platform of AMEX will approve and decline payment requests. The exchange of data will be built on the blockchain while the payment transfers would be done between the senders’ and receivers’ digital wallets.
The patent consists of different use cases for such an anchored and secured system. The greater part of the proposed use cases would conceivably encourage clients for effortless payment schemes. Various gadgets of AMEX can retrieve and decrypt proof-of-payments stored on the blockchain.
For verifying a payment using a blockchain-based system, the system may receive a payment confirmation including a transaction amount and a merchant identifier. A record of this can be selected from a registration repository by matching the merchant identifier to the record. The registered record will have a public key associated with the same via a registration process.
Any device that has been connected to the technology will be capable of decrypting the payment payload, match the identifier from the payment payload to a second identifier present on the same network.
The node can trigger an action in response to the identifier from the payment payload matching the second identifier present on the network. The connected device may also reduce the payment amount of the payment payload in response to triggering the action.
With the help of blockchain technology, the patent propagates the proof of payment concept to various devices in accordance with different embodiments.
PCHAIN: 200 nodes reach consensus successfully based on new consensus algorithm
Want to monetize your personal data you are producing every day anyway? How about selling it on the Opiria-Platform to companies worldwide and receive PDATA tokens in return that you can cash out for real money?
Why?
Because companies worldwide desperately need your personal data to understand your needs and requirements and to design better products and services that fuel desire. This is why personal data is the oil of the 21st century and a 250 billion USD/year industry. Today your personal data is being stolen from you by intermediaries and sold for big money to companies worldwide - and you get nothing in return.
We set out to change that. With Opiria-Platform & PDATA Token we make you and your data count! You own and control your personal data and Opiria-Platform enables you to exchange it with companies for PDATA tokens. You can sell your personal data such as your opinion about topics of interest, your feedback on how you use and like products and services, data about how you browse the internet, data from wearables and smart devices, smartphone usage, what you buy online and more … in return you receive PDATA Tokens that you can cash out for real money.
Who we are?
Opiria was founded in 2015 and has its headquarters in Ingolstadt, Germany, having an experienced team of developers and data analysts. Opiria is a strong partner for many Fortune500 companies worldwide including Mercedes-Benz, Audi, Volkswagen, GM and BMW. Our vision is to directly connect consumers and companies worldwide and to become the world´s largest decentralized personal data marketplace.
Links:
Website: https://opiria.io/
Medium: https://medium.com/pdata-token
Twitter: https://twitter.com/PDATA_Token
Facebook: https://www.facebook.com/pdatatoken/
Youtube: https://www.youtube.com/channel/UCHlYIEsxIhTVwVCxxr_JTXw
ANN Thread: https://bitcointalk.org/index.php?topic=3076122.new#new
Reddit: https://www.reddit.com/r/PDATA/
Why?
Because companies worldwide desperately need your personal data to understand your needs and requirements and to design better products and services that fuel desire. This is why personal data is the oil of the 21st century and a 250 billion USD/year industry. Today your personal data is being stolen from you by intermediaries and sold for big money to companies worldwide - and you get nothing in return.
We set out to change that. With Opiria-Platform & PDATA Token we make you and your data count! You own and control your personal data and Opiria-Platform enables you to exchange it with companies for PDATA tokens. You can sell your personal data such as your opinion about topics of interest, your feedback on how you use and like products and services, data about how you browse the internet, data from wearables and smart devices, smartphone usage, what you buy online and more … in return you receive PDATA Tokens that you can cash out for real money.
Who we are?
Opiria was founded in 2015 and has its headquarters in Ingolstadt, Germany, having an experienced team of developers and data analysts. Opiria is a strong partner for many Fortune500 companies worldwide including Mercedes-Benz, Audi, Volkswagen, GM and BMW. Our vision is to directly connect consumers and companies worldwide and to become the world´s largest decentralized personal data marketplace.
Links:
Website: https://opiria.io/
Medium: https://medium.com/pdata-token
Twitter: https://twitter.com/PDATA_Token
Facebook: https://www.facebook.com/pdatatoken/
Youtube: https://www.youtube.com/channel/UCHlYIEsxIhTVwVCxxr_JTXw
ANN Thread: https://bitcointalk.org/index.php?topic=3076122.new#new
Reddit: https://www.reddit.com/r/PDATA/
Everything what you need to know about Kris Marszalek’s MCO Visa Cards
Kris Marszalek, who is the CEO and co-founder of blockchain-powered startup firm Crypto.com, announced the launch of the MCO Visa card. The card will enable users to spend digital coins at more than 40 million places. At the same time, it would provide benefits that are unmatched among the best of credit cards in the world.
Wallet for Crypto and Fiat
While talking to CNN Money, Marszalek explained about the new card and narrated as to how he used it to buy coffee. This apart, he pointed out that, once the users download their app, they could use the MCOs wherever the Visa card is accepted. The app has a built-in wallet that works for both fiat and digital currencies.
Marszalek also talked about the mission of Crypto.com during the interview. He said that the aim is to speed up the international development, adoption, and transition towards virtual currencies.
He believes that the MCO Visa card could play a key role in helping to offer utility to digital currency holders. At the same time, it would offer a gateway if anyone has shown interest in virtual assets.
Type of Cards
The company announced two types of MCO Visa card. One is a standard one while the other is an exclusive one for digital currency concierge service known as MCO Private. Marszalek indicated that the second type of card is offered to high net worth clients within the crypto community.
The company will also provide access and specialized services in the field. Among the perks included is an exclusive access to digital currency associated events, dedicated customer service by phone along with guidance and advice from its platform. The official launch is scheduled during the latter part of the current year.
Cash Back Rewards
The cards would come in ice white and elite obsidian black colors. The ice white card is meant for those who purchase 5,000 MCO digital coins. Similarly, for those who purchase 50,000 MCO tokens, the elite obsidian black card will be issued.
Currently, MCO Visa card is in the final phase of testing. The card will be available in the United States, Europe, and Asia.
Kris Marszalek, who is the CEO and co-founder of blockchain-powered startup firm Crypto.com, announced the launch of the MCO Visa card. The card will enable users to spend digital coins at more than 40 million places. At the same time, it would provide benefits that are unmatched among the best of credit cards in the world.
Wallet for Crypto and Fiat
While talking to CNN Money, Marszalek explained about the new card and narrated as to how he used it to buy coffee. This apart, he pointed out that, once the users download their app, they could use the MCOs wherever the Visa card is accepted. The app has a built-in wallet that works for both fiat and digital currencies.
Marszalek also talked about the mission of Crypto.com during the interview. He said that the aim is to speed up the international development, adoption, and transition towards virtual currencies.
He believes that the MCO Visa card could play a key role in helping to offer utility to digital currency holders. At the same time, it would offer a gateway if anyone has shown interest in virtual assets.
Type of Cards
The company announced two types of MCO Visa card. One is a standard one while the other is an exclusive one for digital currency concierge service known as MCO Private. Marszalek indicated that the second type of card is offered to high net worth clients within the crypto community.
The company will also provide access and specialized services in the field. Among the perks included is an exclusive access to digital currency associated events, dedicated customer service by phone along with guidance and advice from its platform. The official launch is scheduled during the latter part of the current year.
Cash Back Rewards
The cards would come in ice white and elite obsidian black colors. The ice white card is meant for those who purchase 5,000 MCO digital coins. Similarly, for those who purchase 50,000 MCO tokens, the elite obsidian black card will be issued.
Currently, MCO Visa card is in the final phase of testing. The card will be available in the United States, Europe, and Asia.
Bloomberg: R3 is consulting on the IPO
Combining more than 200 large companies, the blocking consortium R3 is considering the possibility of an initial public offering (IPO). Bloomberg sources report that representatives of the New York startup are actively discussing this issue with consultants, note the interest in the proposal among potential buyers, but have not yet made a final decision.
At the same time, in R3 they say that they are not ready to "follow the path of IPO", since the main task of the company is to provide block-based solutions to the widest range of users.
Recall that last month the media was speculating about the possible bankruptcy of the startup. The head of the company David Rutter (David Rutter) provided Forbes with documents, from which it is clear that R3 is in an uneasy financial situation, although the publication's journalists concluded that the anonymous sources "exaggerated". Later R3 reported that more than 39 of its partners successfully tested the KYC application on the Corda platform, demonstrating cooperation in the application of the general business logic in this system.
Combining more than 200 large companies, the blocking consortium R3 is considering the possibility of an initial public offering (IPO). Bloomberg sources report that representatives of the New York startup are actively discussing this issue with consultants, note the interest in the proposal among potential buyers, but have not yet made a final decision.
At the same time, in R3 they say that they are not ready to "follow the path of IPO", since the main task of the company is to provide block-based solutions to the widest range of users.
Recall that last month the media was speculating about the possible bankruptcy of the startup. The head of the company David Rutter (David Rutter) provided Forbes with documents, from which it is clear that R3 is in an uneasy financial situation, although the publication's journalists concluded that the anonymous sources "exaggerated". Later R3 reported that more than 39 of its partners successfully tested the KYC application on the Corda platform, demonstrating cooperation in the application of the general business logic in this system.
NEO and its future
Since its launch four years ago as AntShares, NEO has come such a long way and the journey has only really just begun. As the saying goes, the future’s bright. During 2017, the NEO project really came into its own and achieved significant growth and recognition within the cryptocurrency world. 017 was the year in which NEO really showcased its potential to the world with a number of advancements in technology. This was shown in the creation of the NEO 2.X, which further helped to strengthen the Smart Economy infrastructure.
✅ The future NEO 3
Built upon this technology is the hallmark for an exciting future. Their next network upgrade will be the launch of the NEO 3. Co-founder, Erik Zhang, is hugely excited about this and the launch of its brand new platform, as it will provide greater stability, optimised pricing models, and major bug fixes. There will also be a huge improvement in its use of smart contracts.
✅ What are the big changes?
The biggest change will be towards their economic model. At present, the decimal part of GAS cannot be used as payment towards network fees. This is to change, so that GAS can be divided and used to pay those fees. This new development will have a positive knock-on effect on NEO pricing, helping to increase profit. The NEO project will continue to grow in the future with further investment in its artificial intelligence, identity and general ecosystem. With the brightest minds in the business, they can really only go from strength to strength.
✅ Increased profit and driving growth
NEO is destined to be bigger and better. The NEO ecosystem and smart system of 2019 and onwards will be driven by increased research, a stable identity, and solid infrastructure. It’s well on its way to becoming the sought after platform for the future of the smart economy. Watch this space.
Since its launch four years ago as AntShares, NEO has come such a long way and the journey has only really just begun. As the saying goes, the future’s bright. During 2017, the NEO project really came into its own and achieved significant growth and recognition within the cryptocurrency world. 017 was the year in which NEO really showcased its potential to the world with a number of advancements in technology. This was shown in the creation of the NEO 2.X, which further helped to strengthen the Smart Economy infrastructure.
✅ The future NEO 3
Built upon this technology is the hallmark for an exciting future. Their next network upgrade will be the launch of the NEO 3. Co-founder, Erik Zhang, is hugely excited about this and the launch of its brand new platform, as it will provide greater stability, optimised pricing models, and major bug fixes. There will also be a huge improvement in its use of smart contracts.
✅ What are the big changes?
The biggest change will be towards their economic model. At present, the decimal part of GAS cannot be used as payment towards network fees. This is to change, so that GAS can be divided and used to pay those fees. This new development will have a positive knock-on effect on NEO pricing, helping to increase profit. The NEO project will continue to grow in the future with further investment in its artificial intelligence, identity and general ecosystem. With the brightest minds in the business, they can really only go from strength to strength.
✅ Increased profit and driving growth
NEO is destined to be bigger and better. The NEO ecosystem and smart system of 2019 and onwards will be driven by increased research, a stable identity, and solid infrastructure. It’s well on its way to becoming the sought after platform for the future of the smart economy. Watch this space.
🔥 Orvium - Open and Transparent Science Powered By Blockchain
It is time to get involved and get the control back of the human knowledge.
Orvium is more than another startup — you are about to participate in a project driven by top engineers and scientists with many years of experience driving innovation at CERN, the birthplace of the Web, and NASA.
Orvium aims to disrupt one of the most lucrative industry world-wide, with profit margins reported to exceed those of companies such as Google, Amazon, and Apple, while making science more transparent, universal and open than ever. Orvium creates a unique decentralized platform powered by blockchain, decentralized storage, big data and artificial intelligence to create an unprecedented decentralized solution to process, validate, disseminate and preserve scientific knowledge forever.
We want you to be part of our future: Our TGE offers you the unique opportunity to buy ORVIUM tokens and join an excellent team. With your participation, we are going to scale science and become the leading publication platform while returning the benefits of science to society. The Web was originally designed to meet the demand for transparent and automatic information sharing between scientists around the world, lets do it now and for all.
Early-birds will be rewarded with a 10% bonus during our pre-sale.
Join us and be part of this exciting journey:
https://t.me/orvium
https://orvium.io
It is time to get involved and get the control back of the human knowledge.
Orvium is more than another startup — you are about to participate in a project driven by top engineers and scientists with many years of experience driving innovation at CERN, the birthplace of the Web, and NASA.
Orvium aims to disrupt one of the most lucrative industry world-wide, with profit margins reported to exceed those of companies such as Google, Amazon, and Apple, while making science more transparent, universal and open than ever. Orvium creates a unique decentralized platform powered by blockchain, decentralized storage, big data and artificial intelligence to create an unprecedented decentralized solution to process, validate, disseminate and preserve scientific knowledge forever.
We want you to be part of our future: Our TGE offers you the unique opportunity to buy ORVIUM tokens and join an excellent team. With your participation, we are going to scale science and become the leading publication platform while returning the benefits of science to society. The Web was originally designed to meet the demand for transparent and automatic information sharing between scientists around the world, lets do it now and for all.
Early-birds will be rewarded with a 10% bonus during our pre-sale.
Join us and be part of this exciting journey:
https://t.me/orvium
https://orvium.io
Telegram
Orvium
Public group of the Orvium Project orvium.io
New Poloniex mobile app aims to deliver best possible experiences
The partnership between Circle and Poloniex occurred in the month of February. This partnership produced a number of positive attributes, some of them are:
🔸 Circle introduced customer support, compliance and many technical operations in order to strengthen the existing product and platform. With this collaboration Circle focused on scalability, reliability.
🔸 The firm Circle aimed at scaling Poloniex through market expansion and localization. The tie-up focussed on improving the fiat currencies such as USD, EUR and GBP connectivity.
🔸 Due to the increasing customer base of Poloniex, the partnership aimed at enhancing the features and services of trading.
Just after the association between Poloniex and Circle was announced, Poloniex’s fees dropped by 0.1% emphasizing the efficiency of the ‘fee structures’. With the launch of Poloniex Mobile App which trades more than 65 altcoins, investors now have a greater advantage.
The partnership between Circle and Poloniex occurred in the month of February. This partnership produced a number of positive attributes, some of them are:
🔸 Circle introduced customer support, compliance and many technical operations in order to strengthen the existing product and platform. With this collaboration Circle focused on scalability, reliability.
🔸 The firm Circle aimed at scaling Poloniex through market expansion and localization. The tie-up focussed on improving the fiat currencies such as USD, EUR and GBP connectivity.
🔸 Due to the increasing customer base of Poloniex, the partnership aimed at enhancing the features and services of trading.
Just after the association between Poloniex and Circle was announced, Poloniex’s fees dropped by 0.1% emphasizing the efficiency of the ‘fee structures’. With the launch of Poloniex Mobile App which trades more than 65 altcoins, investors now have a greater advantage.