Forwarded from Cointelegraph
Ripio launches cryptocurrency to fiat trading platform, including an OTC desk and blockchain-based loans
https://ct.com/7j1b
https://ct.com/7j1b
Forwarded from Crypto Exchange Listing
🔥 LEO (LEOcoin) was listed on Bitfinex
- trade LEO/USD, LEO/BTC, LEO/UST, LEO/EOS, LEO/ETH
#bitfinex #LEO #listing by @CryptoExchangeListing
- trade LEO/USD, LEO/BTC, LEO/UST, LEO/EOS, LEO/ETH
#bitfinex #LEO #listing by @CryptoExchangeListing
CoinMarketCap
UNUS SED LEO price today, LEO to USD live, marketcap and chart | CoinMarketCap
Get the latest UNUS SED LEO price, LEO market cap, trading pairs, charts and data today from the world’s number one cryptocurrency price-tracking website
Forwarded from Cointelegraph
The South Korean government is running a second study on blockchain regulations, examining applications in logistics, healthcare, finance and energy
https://ct.com/7jis
https://ct.com/7jis
Forwarded from CRYPTOLINI
🔝🔥ROCKZ💰 Our CEO, Yassine Ben Hamida, will be participating in the Crypto Valley event in Geneva on the 13th of February ✔️website - https://alprockz.io/ ♦️ https://twitter.com/RockzPlatform ☑️https://tele.click/RockzPlatform ♦️https://medium.com/@rockz
#startup #startups #payment #fintech #blockchain #cryptocurrency #stablecoins
#startup #startups #payment #fintech #blockchain #cryptocurrency #stablecoins
Forwarded from CRYPTOLINI
✔️Bitwin🔝⚜️ Thanks to technological innovations, a fair online casino model has finally become a reality and Bitwin team wants to help in shaping it by designing a reliable, affordable, transparent and easily accessible platform that focuses on bringing out what is best in gambling - entertainment.
Bitwin 2.0 will be a casino platform built on the blockchain, with Bitwin Token (BWT) at its core. Our vision is to provide a truly transparent and provably fair online casino experience with low transaction costs and instant withdrawals of any amount.
In order to accomplish that, we are updating our current platform - Bitwin 1.0 - to adapt possibilities brought about with blockchain technology. Bitwin 2.0 moves all its transactions and computation to Ethereum network while keeping the superb user experience. 🌐 Bitwin Token Website: https://token.bitwin.com
🔵 Bitwin Casino & Sportsbook Website: https://bitwin-demo.com
🔷 Facebook: https://www.facebook.com/bwtoken
🌎 Twitter: https://twitter.com/bitwintoken
🌐 Instagram: https://www.instagram.com/bitwintoken/
🔘 Discord: https://discordapp.com/invite/DNCksEm
💬 Medium: https://medium.com/@bitwintoken
🌐 Reddit: https://www.reddit.com/r/BitwinToken/
☸️ Telegram Bounties Channel: https://t.me/BitwinTokenBounties
Bitwin 2.0 will be a casino platform built on the blockchain, with Bitwin Token (BWT) at its core. Our vision is to provide a truly transparent and provably fair online casino experience with low transaction costs and instant withdrawals of any amount.
In order to accomplish that, we are updating our current platform - Bitwin 1.0 - to adapt possibilities brought about with blockchain technology. Bitwin 2.0 moves all its transactions and computation to Ethereum network while keeping the superb user experience. 🌐 Bitwin Token Website: https://token.bitwin.com
🔵 Bitwin Casino & Sportsbook Website: https://bitwin-demo.com
🔷 Facebook: https://www.facebook.com/bwtoken
🌎 Twitter: https://twitter.com/bitwintoken
🌐 Instagram: https://www.instagram.com/bitwintoken/
🔘 Discord: https://discordapp.com/invite/DNCksEm
💬 Medium: https://medium.com/@bitwintoken
🌐 Reddit: https://www.reddit.com/r/BitwinToken/
☸️ Telegram Bounties Channel: https://t.me/BitwinTokenBounties
Forwarded from CRYPTOLINI
🔝 Alive Casino 💰
Alive Casino is the world's first encryption casino combining Blockchain Technology and Virtual Reality. In addition to all types of all traditional games available, Alive Casino will give you the opportunity to visit a land casino without leaving home. Once the VR casino is set up and launched, the player gets a 360 degree view such as a fully interactive slot, live dealer table. Alive distributes 40% of the net revenue of the casino quarterly to Alive Token holders. ✅site - https://aliveplaycasino.com/ 🔵twitter - https://twitter.com/alivecasino/ ⚜️bitcointalk - https://bitcointalk.org/index.php?topic=4573692
Alive Casino is the world's first encryption casino combining Blockchain Technology and Virtual Reality. In addition to all types of all traditional games available, Alive Casino will give you the opportunity to visit a land casino without leaving home. Once the VR casino is set up and launched, the player gets a 360 degree view such as a fully interactive slot, live dealer table. Alive distributes 40% of the net revenue of the casino quarterly to Alive Token holders. ✅site - https://aliveplaycasino.com/ 🔵twitter - https://twitter.com/alivecasino/ ⚜️bitcointalk - https://bitcointalk.org/index.php?topic=4573692
Forwarded from Crypto Exchange Listing
🔥 TFUEL (Theta Fuel) was listed on Binance
- trade TFUEL/BNB, TFUEL/BTC, TFUEL/USDT, TFUEL/USDC, TFUEL/TUSD, TFUEL/PAX
#binance #TFUEL #listing by @CryptoExchangeListing
- trade TFUEL/BNB, TFUEL/BTC, TFUEL/USDT, TFUEL/USDC, TFUEL/TUSD, TFUEL/PAX
#binance #TFUEL #listing by @CryptoExchangeListing
CoinMarketCap
Theta Fuel price today, TFUEL to USD live price, marketcap and chart | CoinMarketCap
The live Theta Fuel price today is $0.0553 USD with a 24-hour trading volume of $7,816,355.07 USD. We update our TFUEL to USD price in real-time.
Forwarded from Cointelegraph
Kenetic co-founder Jehan Chu has predicted that bitcoin will surge up to $30,000 by the end of 2019, regardless of the approval of a BTC ETF
https://ct.com/7jr1
https://ct.com/7jr1
Forwarded from Cointelegraph
Indian tech firm Mphasis — majority-owned by the U.S. multinational private equity firm Blackstone Group — has partnered with Bitfury on a forthcoming trade finance project
https://ct.com/7jr3
https://ct.com/7jr3
Forwarded from Crypto Exchange Listing
🔥 NIM (Nimiq) was listed on Kucoin
- trade NIM/BTC, NIM/ETH
#kucoin #NIM #listing by @CryptoExchangeListing
- trade NIM/BTC, NIM/ETH
#kucoin #NIM #listing by @CryptoExchangeListing
CoinMarketCap
Nimiq price today, NIM to USD live price, marketcap and chart | CoinMarketCap
The live Nimiq price today is $0.001324 USD with a 24-hour trading volume of $162,748.15 USD. We update our NIM to USD price in real-time.
Forwarded from Crypto Exchange Listing
🔥 COSM (Cosmo Coin) was listed on Bittrex
- trade COSM/BTC
#bittrex #COSM #listing by @CryptoExchangeListing
- trade COSM/BTC
#bittrex #COSM #listing by @CryptoExchangeListing
CoinMarketCap
Cosmo Coin price today, COSM to USD live price, marketcap and chart | CoinMarketCap
The live Cosmo Coin price today is $0 USD with a 24-hour trading volume of $0 USD. We update our COSM to USD price in real-time.
Forwarded from CRYPTOLINI
🔺✔️ MenaPay is the first, fully backed blockchain-based payment gateway in the Middle East and Africa. MenaPay replaces traditional payment methods with a blockchain-based fully backed cryptocurrency. This provides a secure and transparent payment gateway to enable transactions for every aspect of daily life.
MenaPay allows users to transfer money within daily life in a secure, fast and decentralized way.
MenaPay focuses on MENA as its primary market. It is fully compliant with Islamic finance rules which are very important in the region to provide a convenient and trustable digital payment solution. Blockchain technology meets the requirements of Islamic finance rules about money transactions between parties and earnings from the investments. 🔷website - https://www.menapay.io/ ☑️t.me - https://t.me/MenaPay ✔️WP - https://www.menapay.io/whitepaper_en.pdf ♦️twitter - https://twitter.com/menapayio
MenaPay allows users to transfer money within daily life in a secure, fast and decentralized way.
MenaPay focuses on MENA as its primary market. It is fully compliant with Islamic finance rules which are very important in the region to provide a convenient and trustable digital payment solution. Blockchain technology meets the requirements of Islamic finance rules about money transactions between parties and earnings from the investments. 🔷website - https://www.menapay.io/ ☑️t.me - https://t.me/MenaPay ✔️WP - https://www.menapay.io/whitepaper_en.pdf ♦️twitter - https://twitter.com/menapayio
Forwarded from Cointelegraph
Tokenization has been one of the hottest buzzwords in crypto this year — learn everything about it in our ultimate guide
https://ct.com/7k6t
https://ct.com/7k6t
✔️🔝🔥Bcnex is a full-service ecosystem for the purchase, exchange and trading of blockchain based tokens and a wide range of digital assets. It is a customer-centric, highly secure and stable trading platform built on microservices architecture that meets the most stringent customer requirements. BCNX - USDT Session
1. Available for sale: 34,000,000 BCNX
2. Accepted currencies: USDT
3. Exchange rate: 1 BCNX ≈ $0.35 - $0.45 (Price in USDT will be determined on the day of public sale)
4. Start time: 2019, June 02, 05:30:00 (GMT +3)
5. End time: 2019, June 27, 10:00:00 (GMT +3)
Token Distribution - Within 15 days after the token sale ends
How can I participate in the BCNX - USDT Session?
You will need to create an account on Bcnex.net. You will be able to buy Bcnex Tokens (BCNX) using USDT in this session.
What is the minimum investment amount?
The minimum amount you can invest in the BCNX - USDT Session is $100.
Is there a KYC process involved?
In order to take part in the BCNX - USDT Session, every investor must undergo full KYC. Our primary goal is to ensure that our platform is trustworthy, transparent, and compliant. 📈Facebook: https://www.facebook.com/bcnex.net/
📈Twitter: https://twitter.com/bcnex_net
📈Telegram News: https://t.me/Bcnex_News
📈Telegram Community: https://t.me/Bcnex_Official
📈Medium: https://medium.com/@bcnex
📈Linkedin: https://www.linkedin.com/company/bcnex-official/ …
📈Instagram: https://www.instagram.com/bcnex/
1. Available for sale: 34,000,000 BCNX
2. Accepted currencies: USDT
3. Exchange rate: 1 BCNX ≈ $0.35 - $0.45 (Price in USDT will be determined on the day of public sale)
4. Start time: 2019, June 02, 05:30:00 (GMT +3)
5. End time: 2019, June 27, 10:00:00 (GMT +3)
Token Distribution - Within 15 days after the token sale ends
How can I participate in the BCNX - USDT Session?
You will need to create an account on Bcnex.net. You will be able to buy Bcnex Tokens (BCNX) using USDT in this session.
What is the minimum investment amount?
The minimum amount you can invest in the BCNX - USDT Session is $100.
Is there a KYC process involved?
In order to take part in the BCNX - USDT Session, every investor must undergo full KYC. Our primary goal is to ensure that our platform is trustworthy, transparent, and compliant. 📈Facebook: https://www.facebook.com/bcnex.net/
📈Twitter: https://twitter.com/bcnex_net
📈Telegram News: https://t.me/Bcnex_News
📈Telegram Community: https://t.me/Bcnex_Official
📈Medium: https://medium.com/@bcnex
📈Linkedin: https://www.linkedin.com/company/bcnex-official/ …
📈Instagram: https://www.instagram.com/bcnex/
CRYPTOLINI pinned «✔️🔝🔥Bcnex is a full-service ecosystem for the purchase, exchange and trading of blockchain based tokens and a wide range of digital assets. It is a customer-centric, highly secure and stable trading platform built on microservices architecture that meets…»
✅ CRYPTO TREASURE HUNT: Is there a stash of Bitcoin Cash hidden near you? Where to find Bitcoin Cash in North America
North Americans have to move fast though because of the 120 or so BCH wallets that have been stashed on the continent, only 26 remain unclaimed.
There are still nine unclaimed wallets in Louisville, five in Toronto, and three each in Chicago and Los Angeles.
The site’s founder, who goes by the handle CreativeName4 (on Twitter he’s followed by a certain Roger Ver), explained the idea for the site came during BCH’s hard fork from Bitcoin and the initial funding was put up by the Bitcoin Cash Association. Bitcoin Cash supporters have hidden almost 300 wallets across six continents in a ‘buried treasure’ game to promote their favorite coin.
The wallets come in a variety of languages, including English, Spanish, Lithuanian, Swedish and Korean, and are hidden in public places on poles, near trees and in cabinets.
Some contain both Bitcoin Cash and Bitcoin SV – which is worth considerably more recently after surging more than $150.
Head to FindBitcoinCash to start your treasure hunt
On FindBitcoinCash, users can stash wallets with varying amounts of BCH and leave clues, coordinates, and photos to help others find them.
The Melbourne suburb of St Kilda is the best place in the world to find one, with 43 wallets still hidden in public just waiting to be uncovered.
There’s a BCH wallet right now at 108 Acland Street St Kilda hidden in or around the Readings bookshop bins.
There are several more hidden in around nearby Luna Park – one with the cryptic clue ‘for the fire brigade’ and a photo of what looks like a fire hose cabinet.
You can also grab free BCH hidden next to a tree in Rembrandstplein in Amsterdam or from a wallet hidden in a ‘little library’ in the University of Louisville in Kentucky.
The most recent cache was uncovered in a park in Maracaibo, Venezuela on Thursday. ➡️https://coinnewstelegraph.com/crypto-treasure-hunt-is-there-a-stash-of-bitcoin-cash-hidden-near-you/
North Americans have to move fast though because of the 120 or so BCH wallets that have been stashed on the continent, only 26 remain unclaimed.
There are still nine unclaimed wallets in Louisville, five in Toronto, and three each in Chicago and Los Angeles.
The site’s founder, who goes by the handle CreativeName4 (on Twitter he’s followed by a certain Roger Ver), explained the idea for the site came during BCH’s hard fork from Bitcoin and the initial funding was put up by the Bitcoin Cash Association. Bitcoin Cash supporters have hidden almost 300 wallets across six continents in a ‘buried treasure’ game to promote their favorite coin.
The wallets come in a variety of languages, including English, Spanish, Lithuanian, Swedish and Korean, and are hidden in public places on poles, near trees and in cabinets.
Some contain both Bitcoin Cash and Bitcoin SV – which is worth considerably more recently after surging more than $150.
Head to FindBitcoinCash to start your treasure hunt
On FindBitcoinCash, users can stash wallets with varying amounts of BCH and leave clues, coordinates, and photos to help others find them.
The Melbourne suburb of St Kilda is the best place in the world to find one, with 43 wallets still hidden in public just waiting to be uncovered.
There’s a BCH wallet right now at 108 Acland Street St Kilda hidden in or around the Readings bookshop bins.
There are several more hidden in around nearby Luna Park – one with the cryptic clue ‘for the fire brigade’ and a photo of what looks like a fire hose cabinet.
You can also grab free BCH hidden next to a tree in Rembrandstplein in Amsterdam or from a wallet hidden in a ‘little library’ in the University of Louisville in Kentucky.
The most recent cache was uncovered in a park in Maracaibo, Venezuela on Thursday. ➡️https://coinnewstelegraph.com/crypto-treasure-hunt-is-there-a-stash-of-bitcoin-cash-hidden-near-you/
Forwarded from Crypto Exchange Listing
🔹 Trading pair(s) for TOMO (TomoChain) added to Kucoin
- trade TOMO/USDT, TOMO/NUSD
#kucoin #TOMO #pair by @CryptoExchangeListing
- trade TOMO/USDT, TOMO/NUSD
#kucoin #TOMO #pair by @CryptoExchangeListing
CoinMarketCap
Viction price today, VIC to USD live price, marketcap and chart | CoinMarketCap
The live Viction price today is $0.3902 USD with a 24-hour trading volume of $5,100,829.15 USD. We update our VIC to USD price in real-time.
Forwarded from Cointelegraph
Open positions for bitcoin futures on the Chicago Mercantile Exchange have reportedly hit an all-time high
https://ct.com/7kay
https://ct.com/7kay
✔️🔴AMANPURI The AMANPURI Exchange ecosystem is a system that offers spot transactions and up to 100x leverage transaction system and complete security with a focus on the 100% protection of customer assets through collaborations with major custodians and the use of blockchain transparency consisting of direct financial assistance. 🔥Multi-sig : AMANPURI is based on a multi-sig digital signature scheme. Two or more passwords (secret keys) are required for the remittance of VFA from a Wallet Address. One of the effects of this security feature is that, for DLT exchanges, just by using multi-sig, hackers tend to avoid hacking the exchanges. Furthermore, through management with a cold wallet, customer assets are protected from the threat of hackers.
🔥Cold Wallet Management : Basically, customer assets are kept in a cold wallet which curtails the risks associated with hacking. Furthermore, in regard to withdrawal procedures, we restrict withdrawals to one per day, and randomly decide the time period during which procedures are carried out each time through our own algorithm. Through compliance and this algorithm’s special irregular changing of timings, we offer complete protection. As an asset holding operation, protecting customer assets is our first priority. In regard to each withdrawal application, it will not be dealt with individually, for example, if there were to requests of withdrawals from 100 accounts, they will be processed together. This can act as a countermeasure against hacking.
🔥Partnerships with Custodians : Currently, we are undergoing negotiations with a major custodian that is a licensing company of the British FCA in order to manage customer assets separately. We plan to start a trust agreement with our custodian around 2023. When custodians are attacked through things like hacking, the Bank of England compensates them for the damages, so we can indirectly protect customer assets 100% with respect to the separately managed funds.AMANPURI entrusts the management of assets to a custodian that clearly separates and manages the investment assets of AMANPURI and the investment assets of customers. In the unlikely event that the AMANURI Exchange collapses, AMANPURI Exchange investors will be repaid their investment minus any associated costs. #Amanpuri #AmanpuriExchange #exchange #blockchain ➡️https://amanpuri.io/tokensale/ ➡️https://t.me/amanpurichat.
🔥Cold Wallet Management : Basically, customer assets are kept in a cold wallet which curtails the risks associated with hacking. Furthermore, in regard to withdrawal procedures, we restrict withdrawals to one per day, and randomly decide the time period during which procedures are carried out each time through our own algorithm. Through compliance and this algorithm’s special irregular changing of timings, we offer complete protection. As an asset holding operation, protecting customer assets is our first priority. In regard to each withdrawal application, it will not be dealt with individually, for example, if there were to requests of withdrawals from 100 accounts, they will be processed together. This can act as a countermeasure against hacking.
🔥Partnerships with Custodians : Currently, we are undergoing negotiations with a major custodian that is a licensing company of the British FCA in order to manage customer assets separately. We plan to start a trust agreement with our custodian around 2023. When custodians are attacked through things like hacking, the Bank of England compensates them for the damages, so we can indirectly protect customer assets 100% with respect to the separately managed funds.AMANPURI entrusts the management of assets to a custodian that clearly separates and manages the investment assets of AMANPURI and the investment assets of customers. In the unlikely event that the AMANURI Exchange collapses, AMANPURI Exchange investors will be repaid their investment minus any associated costs. #Amanpuri #AmanpuriExchange #exchange #blockchain ➡️https://amanpuri.io/tokensale/ ➡️https://t.me/amanpurichat.
✅What You Need To Know About Blockchain Technology – INQUIRER.net✅ For the past decades, we have to know the internet of information, when you an email of a funny mean, I’m not actually sending you the original is actually sending you a copy of the image and email content. Like name indicated, Blockchain is a chain of blocks that contains data.
This technology was originally created in 1991 by a group of researched and was originally intended to time stamp digital documents so it was not possible to backdate them or to tamper with them. It went by mostly unused until Satoshi Nakamoto in 2009 to create the digital cryptocurrency, the Bitcoin network.
Blockchain is an open source distributed ledger, that has the interesting property that once data has been recorded inside a blockchain it becomes very difficult to change it.
How Does Blockchain work?
Each Block had the following 3 items in them: The Data, The Hash and The Hash on the previous block.Depending on the type of blockchain will depend on the type of information it holds. Bitcoin blockchain, for example, Stores details about a transaction or contract. Details such as the sender, receiver and the number of tokens.The block uses a sequence of alphabetical characters to generate a unique fingerprint pertaining to that block’s content. As the block is created, it is simultaneously calculated. Making a change on the block will cause the Hash to change. This is a key component for this technology as making a change to the data inside the block will cause the hash to change it will no longer be the same block.
The hash of the previous block
This sequence effectively creates a chain of blocks and if this sequence what makes this technology so secure.This is a mechanism that slows down the creation of new blocks(Hash Rate), in bitcoins case it takes roughly about 12 minutes to create a proof of work and add a new block to the chain But that not all the security features of a blockchain. https://coinnewstelegraph.com/wp-content/uploads/2019/06/what-you-need-to-know-about-blockchain-technology-inquirer-net.jpg https://coinnewstelegraph.com/what-you-need-to-know-about-blockchain-technology-inquirer-net/
This technology was originally created in 1991 by a group of researched and was originally intended to time stamp digital documents so it was not possible to backdate them or to tamper with them. It went by mostly unused until Satoshi Nakamoto in 2009 to create the digital cryptocurrency, the Bitcoin network.
Blockchain is an open source distributed ledger, that has the interesting property that once data has been recorded inside a blockchain it becomes very difficult to change it.
How Does Blockchain work?
Each Block had the following 3 items in them: The Data, The Hash and The Hash on the previous block.Depending on the type of blockchain will depend on the type of information it holds. Bitcoin blockchain, for example, Stores details about a transaction or contract. Details such as the sender, receiver and the number of tokens.The block uses a sequence of alphabetical characters to generate a unique fingerprint pertaining to that block’s content. As the block is created, it is simultaneously calculated. Making a change on the block will cause the Hash to change. This is a key component for this technology as making a change to the data inside the block will cause the hash to change it will no longer be the same block.
The hash of the previous block
This sequence effectively creates a chain of blocks and if this sequence what makes this technology so secure.This is a mechanism that slows down the creation of new blocks(Hash Rate), in bitcoins case it takes roughly about 12 minutes to create a proof of work and add a new block to the chain But that not all the security features of a blockchain. https://coinnewstelegraph.com/wp-content/uploads/2019/06/what-you-need-to-know-about-blockchain-technology-inquirer-net.jpg https://coinnewstelegraph.com/what-you-need-to-know-about-blockchain-technology-inquirer-net/
✅ The Proof of the Working Products Is the Reason for Market’s Revival? – newsBTC The cryptocurrency market reflects how participants feel about blockchain’s progress, namely its biggest obstacles and how projects using blockchain navigate them. These feelings and perceptions determine how people act in the market, and there are times when the majority are all in agreement. Typically, periods of concentrated optimism or pessimism about blockchain push the price of nearly every cryptocurrency up or down, and there’s always a fundamental theme providing some sort of definable impetus for these movements.
Each cycle of up-then-down can be attributed to something different. The last bull run peaking at the end of 2017—with Bitcoin at nearly $20,000—was largely built on the “promise” that blockchain held. The subsequent decline was then catalyzed by profit-taking but also because the public consciousness came to terms with blockchain’s scaling difficulties, transaction slowdowns, and the absence of real products built using it. As the market finds its legs in mid-2019, it’s worth considering what the underlying reasons are for this tentative recovery.
First Wave of Products Wait for Old Chains to Catch Up
This year’s measured retracement upward is (for now) defined by the slow yet tangible developments happening in legacy blockchain solutions, which also represent the foundation of the current industry. Many impressive projects are being built adjacent to or on top of these blockchains, and it’s the acknowledgment of these products and applications that has prodded the slumbering bull.
For blockchains like Bitcoin, which don’t directly support other projects like Ethereum (it has no application layer), maturation has meant the growth of exclusive second-layer solutions like the Lightning Network (LN). The LN will deliver Bitcoin’s only dream to markets, namely that with a model for storing transaction data off-chain, transacting on-chain is that much faster and cheaper. As people understand Bitcoin has put most of its troubles behind it, price action follows.
As most know, Bitcoin is no longer representative of the blockchain industry. Ethereum was relatively new during the 2017 bull market, but even at the time, it was easy to see that the two-year-old “decentralized blockchain computer” had massive potential. Similar to Bitcoin, Ethereum’s scaling struggles are soon to be a thing of the past thanks to a highly anticipated switch to Proof of Stake at some point this year. This provides momentum as people snap up ETH with the intention to stake, but also because it means that smart and autonomous applications built on Ethereum won’t be constrained.
https://coinnewstelegraph.com/wp-content/uploads/2019/06/the-proof-of-the-working-products-is-the-reason-for-markets-revival-newsbtc.jpg ➡️https://coinnewstelegraph.com/the-proof-of-the-working-products-is-the-reason-for-markets-revival-newsbtc/
Each cycle of up-then-down can be attributed to something different. The last bull run peaking at the end of 2017—with Bitcoin at nearly $20,000—was largely built on the “promise” that blockchain held. The subsequent decline was then catalyzed by profit-taking but also because the public consciousness came to terms with blockchain’s scaling difficulties, transaction slowdowns, and the absence of real products built using it. As the market finds its legs in mid-2019, it’s worth considering what the underlying reasons are for this tentative recovery.
First Wave of Products Wait for Old Chains to Catch Up
This year’s measured retracement upward is (for now) defined by the slow yet tangible developments happening in legacy blockchain solutions, which also represent the foundation of the current industry. Many impressive projects are being built adjacent to or on top of these blockchains, and it’s the acknowledgment of these products and applications that has prodded the slumbering bull.
For blockchains like Bitcoin, which don’t directly support other projects like Ethereum (it has no application layer), maturation has meant the growth of exclusive second-layer solutions like the Lightning Network (LN). The LN will deliver Bitcoin’s only dream to markets, namely that with a model for storing transaction data off-chain, transacting on-chain is that much faster and cheaper. As people understand Bitcoin has put most of its troubles behind it, price action follows.
As most know, Bitcoin is no longer representative of the blockchain industry. Ethereum was relatively new during the 2017 bull market, but even at the time, it was easy to see that the two-year-old “decentralized blockchain computer” had massive potential. Similar to Bitcoin, Ethereum’s scaling struggles are soon to be a thing of the past thanks to a highly anticipated switch to Proof of Stake at some point this year. This provides momentum as people snap up ETH with the intention to stake, but also because it means that smart and autonomous applications built on Ethereum won’t be constrained.
https://coinnewstelegraph.com/wp-content/uploads/2019/06/the-proof-of-the-working-products-is-the-reason-for-markets-revival-newsbtc.jpg ➡️https://coinnewstelegraph.com/the-proof-of-the-working-products-is-the-reason-for-markets-revival-newsbtc/