Vitalik Buterin Charts Ethereum's Path Forward at Coinbase ...

Are you new to Crypto? I started in late 2017, here’s some useful resources.

I’ll keep this short, but I know when I started I had no idea where to look and what resources to go to, so here’s some useful links:

Market Tracking & Resources

News

Twitter / social channels / people to look at

There’s a lot more than these resources, but they’re my go-to. I’m by no means a bajillionaire, but I’ve learned a lot through the last three years and wish I had a list of starting resources when I started.
Always remember, everyone is a ‘genius’ in a bull market as well.
If anyone else wants to add to this, sound off in the comments below.
submitted by John_Titor_Jnr to CryptoCurrency [link] [comments]

[ CryptoCurrency ] Are you new to Crypto? I started in late 2017, here’s some useful resources.

Topic originally posted in CryptoCurrency by John_Titor_Jnr [link]
I’ll keep this short, but I know when I started I had no idea where to look and what resources to go to, so here’s some useful links:

Market Tracking & Resources

News

Twitter / social channels / people to look at

There’s a lot more than these resources, but they’re my go-to. I’m by no means a bajillionaire, but I’ve learned a lot through the last three years an wish I had a list of starting resources when I started.
Always remember, everyone is a ‘genius’ in a bull market as well.
If anyone else wants to add to this, sound off in the comments below.
John_Titor_Jnr your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].
[deleted comment]
submitted by anticensor_bot to u/anticensor_bot [link] [comments]

Precio de Ethereum Classic demuestra resistencia a pesar de ataques

La red Ethereum Classic sufrió no uno, sino tres ataques del 51%: el primero tuvo lugar el 1 de agosto, el segundo el 6 de agosto y el tercero el 29 de agosto, a pesar de ello los inversionistas se han mantenido firmes, mientras se anuncian medidas para fortalecer la red de esta criptomoneda. Te detallamos lo que viene sucediendo con esta cripto en la siguiente nota.

https://preview.redd.it/t08my6c3u7m51.png?width=987&format=png&auto=webp&s=fcbe37b0b030f16e80458fc141db4db670f33ba8
Septiembre 9.- A pesar de tres “ataques del 51%”, el precio de Ethereum Classic ha demostrado una fuerte resistencia. Aunque ha bajado un poco su persistencia puede indicar que la seguridad no es una prioridad máxima para los inversores que buscan unirse a una carrera alcista en el mercado de cifrado.
Sin embargo, algunos advierten que, a menos que mejore su cadena de bloques y se haga más segura, los ataques adicionales a Ethereum Classic podrían desencadenar una liquidación del mercado y provocar un colapso de su activo digital.
Para la seguridad de una red blockchain, un "ataque del 51%" es tan malo se escucha. Es cuando una sola entidad obtiene el control de la mayor parte de la potencia informática de la red, lo que le permite desviar unidades adicionales de la moneda en lo que se conoce como doble gasto.
Por lo tanto, sería lógico pensar que tres ataques exitosos del 51% en un mes contra la cadena de bloques Ethereum Classic podrían afectar la confianza de los inversores.
Pero los precios del token ETC nativo del proyecto en realidad no se han visto afectados: una señal que los comerciantes podrían estar menos preocupados por las vulnerabilidades de seguridad que por una ganancia rápida en los mercados de criptomonedas en rápido movimiento.
En el momento de la publicación, ethereum classic se cotiza a 5.06 USD, una caída de aproximadamente un 27% en los últimos 30 días, al mismo tiempo que bitcoin ha bajado un 15%.

Tres ataques del 51% en un mes

Para la cadena de bloques Ethereum Classic, los ataques del 51% han sido una amenaza durante mucho tiempo. A diferencia de Ethereum, del cual se bifurcó con fuerza, la red Ethereum Classic está comprometida con el algoritmo de consenso de Prueba de trabajo (PoW), que también es utilizado por Bitcoin.
Para redes grandes como Bitcoin, un ataque del 51% es altamente costoso dada la enorme cantidad de poder computacional que requiere PoW para hacerlo con éxito. El hashrate de Ethereum Classic es mucho más pequeño, lo que lo hace mucho más vulnerable a este tipo de situaciones.
Al cierre de esta edición, el hashrate de Ethereum Classic era de 1,668 terahash por segundo, mientras que el de Bitcoin estaba en 117,95 exashes por segundo, según BitInfoCharts.

¿Qué es Ethereum Classic?

Ethereum Classic es el producto de un Hard Fork después de que la red Ethereum se dividió de diferentes maneras tras un pirateo en 2016. La cadena de bloques basada en PoW ha estado persiguiendo a Ethereum, que ahora representa la criptomoneda número 2 por capitalización de mercado.
Ethereum planea cambiar su algoritmo en algún momento del próximo año. En un tweet el 2 de septiembre, el fundador de Ethereum, Vitalik Buterin, argumentó que el algoritmo de prueba de participación (PoS) planificado de Ethereum le da una ventaja "fundamental clave" sobre PoW.
"En PoW, por otro lado, un atacante exitoso puede simplemente atacar una y otra vez, sin forma posible de eliminar su hardware sin eliminar el hardware de todos los demás".
Durante el mes de agosto, la red Ethereum Classic sufrió no uno, sino tres ataques del 51%: el primero tuvo lugar el 1 de agosto, el segundo el 6 de agosto y el tercero el 29 de agosto.
NiceHash, un corredor de hashpower, reconoció que su plataforma puede haber facilitado los recientes ataques del 51%, en una publicación de blog el 1 de septiembre, pero también concluyó que tales ataques no se pueden prevenir o mitigar en una “solución de prueba de trabajo verdaderamente descentralizada”
"Lo único que se puede hacer es hacer que el precio de un ataque sea más alto que la recompensa del atacante", agregó la publicación.
La red Ethereum Classic también sufrió un ataque del 51% a principios de 2019, lo que llevó al intercambio de cifrado Coinbase a detener todas las transacciones, retiros y depósitos de ETC en ese momento.
James Wo, fundador de ETC Labs, la organización líder que respalda la red Ethereum Classic, dijo a través de un portavoz que su equipo ha estado tratando de mejorar la seguridad de la red el año pasado, incluida la expansión del equipo de desarrollo central de la red y la asociación con empresas. como Chainlink, Swarm y Bloq.
La compañía anunció dos nuevas contrataciones el 3 de septiembre para el equipo de desarrollo central de ETC.
"Estos desarrollos y asociaciones están trabajando para impulsar rápidamente el avance de ETC y garantizar un futuro brillante para la red", dijo Wo, quien agregó que el precio de ETC se ha mantenido "fuerte" incluso con los recientes ataques del 51%.
De hecho, los ataques no han tenido un impacto significativo en sus precios, lo que generó una pregunta: ¿por qué alguien pondría dinero en un token cuando su seguridad no está garantizada?
Un gran porcentaje de los titulares de ETC recibieron sus tokens involuntariamente después de la división de la cadena de Ethereum y, como resultado, el precio de ETC se ha mantenido estable durante los últimos años simplemente porque muchos titulares de ETC han ignorado tomar medidas.
Ethereum Classic aborda el análisis de equilibrio. Solo 610 direcciones (0.03% del total) controlan el 86% de todo el Ethereum Classic. Tasa de referencia: 1 ETC = $ 5.10
“Muchas personas simplemente están sentadas y tal vez no necesariamente estén pensando en operar en ETC o no necesariamente monitoreando activamente su transición”, dijo Meltem Demirors, director de estrategia de CoinShares. "Porque muchas personas que tienen activos de un tenedor realmente no tienen ningún incentivo para venderlos a menos que el valor aumente drásticamente".
Citando el hecho de que una gran cantidad de carteras Ethereum Classic han estado inactivas, Demirors dijo que algunos titulares de ETC pueden no ver el valor de vender o incluso reclamar su ETC.

Emet y Faswet responden son seguridad garantizada

Este análisis se hace necesario debido a la incertidumbre que se genera alrededor del mundo criptográfico y que suele simplificarse sosteniendo que las criptomonedas son activos que no tienen futuro.
Como vemos, todo hace parte de un conjunto de acciones de un mercado que madura cada segundo. Donde las exigencias de los usuarios deben ser cubiertas por una respuesta sólida del mercado.
De esta forma, tanto Emet como Faswet garantizan por medio de su plataforma a sus usuarios el cuidado de sus activos digitales y criptomonedas.
Ingresa a Faswet y conoce la mejor forma de aprovechar tus criptos:
https://faswet.com/es
submitted by EmetEnjoy to espanol [link] [comments]

"Swap" is Poised for Take-off


https://preview.redd.it/mnxeb74hk4j51.jpg?width=990&format=pjpg&auto=webp&s=32d152a7495971c10e1af12185abe5e77b61fd14

How popular is DeFi?
Link, known as the leader of the oracle machine, has increased by 305.19% for the past three months, with an investment return of 17,052%, climbing to the fifth spot in the cryptocurrency ranking list by market value in the short term;
Since its issuance, YFI, which has soared 350 times all the way, has attracted 630 million US dollars of investment in 5 days, and was even dubbed the next Bitcoin in this circle;
From Comp for lending, KNC and BAL, governance tokens for decentralized exchanges, to SNX which is a stable currency payment network, various governance tokens of the DeFi ecosystem have emerged in an endless stream, stirring the blood in the market.
Such a boom is not only reflected in the currency price, but also pushes the brand new DEX based on the AMM (automated market making) model an overnight hit. UniSwap, known as the next-generation casino, has surpassed the world's first-tier centralized exchanges such as Binance, OKex, and Huobi in user activity, daily trading volume, and daily turnover.
With the rapid rise of UniSwap, the DEX threat theory has once again triggered heated discussions among the media and communities in the blockchain industry.
DEX on the Rise
The success of UniSwap is by no means something accidental. As early as 2018 when centralized exchanges suffered the hacker theft one after another, Vitalik Buterin, founder of Ethereum, predicted that the future lay in decentralized exchanges and that Ethereum, by developing a "better" decentralized platform, could empower the cryptocurrency community to regain the dominance from the centralized cryptocurrency exchange.
To realize the decentralized concept of returning to users their asset ownership, geeks in the blockchain industry have made many attempts.
Kyber Network, Bancor, Balancer, 0X, Curvefi, etc. are all DEXs based on Ethereum blocks. For a long time, affected by the performance of Ethereum and cross-chain issues, these DEXs were once stagnant.
With the lessons learned from Ethereum DEX, newcomers to the DEX have focused on high performance, high TPS, and rich assets as the ultimate goal for product development.
Amid the DEX threat theory, major exchanges have deployed their own public chain DEX products in a response to their respective development strategies: Binance launched Binance DEX on its Binance Chain, and Bittrex Exchange unveiled Ethfinex on the Ethereum and EOSfinex on the EOS blockchain, two platforms where users can exchange for fiat currencies; last year, CoinEx officially launched CoinEx Chain, a public chain dedicated to decentralized transactions, followed by CoinEx DEX.
Since the birth of the DEX in the blockchain world, this field has never run out of competition.
By independent development or other’s advantage?
From 2017 when it was established to 2019 as it stabilized, DEX has witnessed its annual trading volume skyrocketing from less than US$5 million to over US$2.5 billion. As DeFi gains fame and grows rapidly, DEX has grown into the most popular source of money, attracting a flood of speculators. In the past month, the trading volume of the global cryptocurrency market DEX has exceeded US$ 4 billion, more than twice the figure across 2019.
In the past two years, despite the increasingly in-depth exploration in the DEX, the cross-chain issue remains a stumbling block in its development path. DEX will not outperform CEX in the trading experience until a cross-chain solution is worked out.
The concept of DeFi went viral in 2019. With the continuous improvement of the DeFi ecosystem, the current Ethereum blockchain has developed into a complete decentralized financial system, covering mortgage lending, interest from deposit, leveraged trading, token exchange, identity authentication, and other infrastructure essential to traditional financial systems.
In addition to the mouth-watering profit, the DeFi ecosystem has also brought along explosive growth in both the type and quantity of digital assets, making DEX a market favorite. Compared with the DEX dedicated to public chains, the Ethereum-based DEX has been equipped with more possible functions and thus become more attractive thanks to the comprehensive supplementary infrastructure on Ethereum.
This also presents DEX pioneers with new opportunities. Dubbed “Swap’s summer”, the summer of 2020 has seen a market rush in Swap development after UniSwap became a hit.
Miniswap, Justswap, and btswap are no more innovative than UniSwap according to their product structures and white papers.
By comparison, OneSwap has injected unique essence into its product design and governance model based on UniSwap's automated market making.
Upgraded UniSwap
OneSwap, which has a double mining model + order book, has received an investment of tens of millions from CoinEx even before the product is launched. It is known that OneSwap is jointly developed by a group of technology geeks who have engaged in the cryptocurrency community for many years. The project was initiated by a member of the team in an attempt to upgrade UniSwap after he experienced the convenient AMM enabled by UniSwap.
Without limit orders, users have to trade in the price set by the platform, which, however, compromised their experience. In addition, the lack of liquidity mining and transaction mining rewards cannot reduce the losses of liquidity providers caused by unilateral market conditions.
"DEX still has much room for perfection, and could even surpass CEX in trading experience"
The OneSwap development team always believes that UniSwap still has a long way to go before it becomes the strongest DEX in the DeFi ecosystem. They have endeavored to, relying on their abundant experience in exchange product development and digital currency trading, create the most powerful DEX product in the DeFi ecosystem based on smart contracts.
OneSwap is called the “upgraded UniSwap” in the community. By the combination of the Constant Product Market Maker (CPMM) model in the Uniswap project and the on-chain order book, it reduces restrictions on users’ trading, and, through its OneSwap Wallet, improves user interaction methods and further enhances their experience in trading and product usage.
OneSwap boasts one-click token issuance and listing essential to DEX. Unlike the listing review mechanism on Binance DEX, the setting of OneSwap is more consistent with the concept of decentralization. Anyone can put his or her good projects and ideas, if any, into practice through OneSwap without permission.
In terms of product design, OneSwap will add to its function menu the Candlestick chart, order form, and depth chart according to user habits, apart from limit orders. These functions will offer OneSwap users an experience as smooth, easy-to-use, and convenient as in the CEX.
A new source of money? A two-pronged platform with transaction mining + liquidity mining
To support on-chain governance, OneSwap will issue a ERC20 governance token called ONES. The total number of ONES remains constant at 100 million, 50% of which will be used as community funds to support the construction of the OneSwap ecosystem and 50% will be owned by the OneSwap team. Community funds can be applied for through on-chain governance. 5% of the part held by the team will be unlocked initially, and the rest will be unlocked at a rate of 5% every six months until all is unlocked after four and a half years.
After the OneSwap product was launched, the OneSwap team will take part of the initially unlocked tokens as airdrop rewards for the open beta. Then OneSwap will officially start liquidity mining and transaction mining, and the governance token ONES will also be simultaneously launched on centralized trading platforms across the world. The first round of mining activities will last for one month, and mining rewards are yet to be made public.
Liquidity mining is a popular way of obtaining governance tokens in the DeFi ecosystem. Well-known DeFi projects including COMP, Cure, and Banner have all enabled liquid mining.
Transaction mining could date back to 2018 when Fcoin grew popular.
The transaction mining model initiated by Fcoin in 2018 once set off a bull market that year, pushing many investors into financial freedom in the rush of transaction mining. In addition, transaction mining based on the DeFi ecosystem is still a blue ocean, which is not common in the current market. The success of OneSwap's double mining model, if possible, would surely start a craze in the cryptocurrency market.
The OneSwap team has not yet announced specific mining rules, but disclosed that it has developed the smart contract code. To ensure the product security, OneSwap will invite three well-known security agencies in the blockchain industry to audit the code and announce the auditing results in early September at the soonest.
Conclusion
DeFi did not rise to fame without reason in 2020. Such overnight popularity is an inevitable result of Ethereum's efforts to build a decentralized consensus mechanism and improve infrastructure in the past few years. Ethereum has almost become the only public chain in the DeFi circle and the only construction base for well-known DEX. If OneSwap succeeds, it means a huge breakthrough for both DeFi and Ethereum, and decentralization in its true sense is around the corner.
submitted by JuanJuanChan to defi [link] [comments]

What is Cardano? [ADA]

What is Cardano?

Cardano is a Blockchain project, also called 3rd generation Blockchain because of its scientific philosophy, designed and developed by a team of worldwide scientists and engineers. The aim of the project is to develop a technology that is secure, flexible and scalable and can therefore be used by many millions of users.
In contrast to other projects, Cardano pursues a policy that seeks to reconcile the needs of the user with those of the regulatory authorities, combining privacy with regulation. Cardano’s vision is that the project will lead to greater global financial integration for all people by providing all people with open access to fair financial services. Cardano wants to create a technological platform on which financial applications can be developed and executed.
It has basically great similarities with Ethereum. Cardano is a platform such as Ethereum, EOS or NEO that enables the creation of new tokens and decentralized applications (dApps) and smart contracts. From a technical point of view, however, there are major differences which we will discuss later.
The cryptocurrency of Cardano is ADA. Like any crypto currency, ADA allows the user to send assets within the Cardano network seamlessly over the Internet in a secure and fast manner. You can find the current price of ADA on our chart page.

Cardano History

Cardano was founded by Ethereum co-founders Charles Hoskinson and Jeremy Wood after both left the Ethereum project after a disagreement over further development. While the later Cardano founders wanted to create a commercial enterprise behind Ethereum, Vitalik Buterin’s group was able to assert itself by setting up a charitable foundation behind the project.
Logically, Hoskinson and Wood founded a company, Input Output Hong Kong (IOHK), to manage Cardano’s research and development. Between September 2015 and January 2017, Cardano conducted a public ICO that raised a total of 62 million US dollars. About two thirds of all Ada tokens were sold.
Cardano was officially launched on 29 September 2017. Currently the project is still in its bootstrap era (“Byron”). In the bootstrap era, when people buy or sell Ada, the transaction is automatically delegated to a pool of trusted nodes that manage the network. They do not receive block rewards in this phase of the project. IOHK is currently working on numerous improvements and features. The next phase “Shelley” is to be introduced in 2019. In this phase, the project will grow into a fully decentralized and autonomous system.
This will be followed by the “Goguen” era, in which the integration of smart contracts is planned. This is followed by the “Basho” phase, which is intended to improve performance, and finally the “Voltaire” phase, which is intended to add a treasury system and a governance model (“Liquid Democracy”). The complete roadmap can be seen here.

The organization behind Cardano

As already written, Charles Hoskinson has decided to found the company IOHK in order to guarantee a coordinated and planned development of the project. IOHK is responsible for the design, development and maintenance of the Cardano platform until 2020.
In addition, however, there were originally two other institutions that took care of the Cardano project: Emurgo and the Cardano Foundation, based in Switzerland. Emurgo is a Japanese company that is also currently pushing partnerships with other commercial companies and organizing Cardano’s business development.
In particular, the Cardano Foundation was entrusted with administrative tasks. Otherwise the Foundation was responsible for public relations, trademark law, lobbying and cooperation with governments and regulators. In October 2018, however, there was a break between IOHK/ Emurgo and the Cardano Foundation. Among other things, Hoskinson has accused the Cardano Foundation under the direction of Michael Parsons of inaction. As a result IOHK and Emurgo decided to take over the tasks of the foundation.

Cardano: 3rd generation blockchain

Charles Hoskinson has recognized that 2nd generation blockchains still have many open problems to be successful in the long run. These are in particular scalability, interoperability and sustainability. Cardano has (partly) developed new concepts and technologies for this purpose.

Scalability

In terms of scalability, there are three challenges for Cardano:
  1. Transactions per second (TPS)
  2. Network / Bandwidth
  3. Data scaling

Transactions per second

The Transactions per Second (TPS) measure how many transactions per second can be written to a block. According to Hoskinson, however, this is only part of the problem of scaling. While Bitcoin 3-7 TPS and Ethereum 10-20 TPS create, this is far from enough to host millions of users. The solution to this problem is Cardanos Ouroboros Proof-of-Stake algorithm, which we will discuss later.

Network

A further challenge is the network, which will also have an exponentially increasing demand for network resources with millions of users as the demand increases with the number of transactions. The demand will grow in size regions of several hundred terabytes or even exabytes.
Therefore, it will be impossible to maintain a homogeneous network topology in which each node forwards each transaction and message. Not every node will have the necessary resources. To solve this problem, Cardano intends to use a technology called RINA.

Data scaling

Since the blockchain has to store the data forever, there will be an enormous and constantly growing amount of data to be scaled (“Data Scale”). The problem is obvious. If every node has to keep a complete copy of the entire blockchain, this will not be possible for every node from the point of view of resources. The solution is that not every node needs all data. The solution approaches therefore include in detail:

Interoperability

Charles Hoskinson believes that there will not be a single crypto currency to be used in the future. Therefore Cardano aims at enabling the different blockchains to communicate with each other. Cardano’s vision is to create an “Internet of blockchains” in which there is no intermediary.
A solution to this problem should be for Cardano, Sidechains. The concept has been around in crypto space for quite some time. Simply put, sidechains are parallel blockchains that can communicate with the main blockchain.
In addition, Cardano tries to comply with all existing compliance rules: KYC (Know Your Customer), AML (Anti Money Laundering), ATF (Anti Terrorist Financing). In order for this to work, Cardano provides metadata to each transaction.

Sustainability

According to Hoskinson, sustainability is the most difficult challenge. Basically, it means that continuous developments must be carried out on the system. This requires financial resources. Both a patronage and an ICO do not make sense for Hoskinson. Patronage leads to centralization, while ICOs provide short-term resources for the ecosystem, but at the same time produce a new, useless token.
For this reason, Cardano is oriented towards Dash’s treasury system. Each time a block is added to the block chain, a portion of the rewards is added to the Treasury. If funds are needed for development, they can be allocated.
To this end, Cardano has developed a governance model (“liquid democracy”) in which stakeholders can vote on a proposal for the distribution of funds.

Ada: Ouroboros Proof-of-Stake

Similar to Ethereum’s future proof-of-stake (PoS) “Casper”, Cardano also relies on a PoS. This means that there are no miners within the Cardano network responsible for validating transactions. A new proof-of-stake algorithm called Ouroboros was developed for Cardano. The basic difference between Ouroboros and Ethereum’s Casper or other similar algorithms is how block premium recipients (validators) are selected.
The core idea of the Ouroboros Proof of Stake is that a node is selected to create a new block with a probability proportional to the total number of Ada. This means that the more Ada a stakeholder has, the more he can earn over time.
In principle, each node with an Ada credit balance greater than 0 is referred to as a “stakeholder”. When a node is selected to create a new block, it is called a slot leader. The slot leader writes the transactions into a block, signs this block with his secret key and publishes the block in the network.
A fundamental problem in this electoral process is randomness. To achieve this, Cardano uses a Multiparty Computation (MPC) approach in which each voter independently performs an action called coin tossing (Coin-Fllipping Protocol).
submitted by hashatoshi to u/hashatoshi [link] [comments]

Why Ethereum Problems Make UMI the Flagship Among the New Generation Cryptocurrencies

Why Ethereum Problems Make UMI the Flagship Among the New Generation Cryptocurrencies

https://preview.redd.it/8skuypxp9lj51.jpg?width=1023&format=pjpg&auto=webp&s=ba5a38ba592428f92dc7c1943a780ff127132875
Ethereum cryptocurrency that comes second in terms of capitalization on the crypto market is traditionally seen as fast and profitable. However, over the last few weeks it's had a rough patch. Since early August, the network has had huge queues of transactions pending processing while fees have skyrocketed and surpassed the historical high.
The main issue though is that even fees of a few dollars per transfer don't help get rid of the“traffic jams”. The cause of this is numerous DeFi projects and a huge number of financial pyramids based on the Ethereum platform. Both generate excessive load on the network.
The situation is downright unpleasant, and our users might question whether the UMI network could face a similar challenge? We'd like to assure you it could not. The UMI network is by default protected against these problems — it cannot have “traffic jams”, fees or financial pyramids. But first things first.
How has the Ethereum network ground to a halt?
In its report dated August 4, Arcane Research that provides analysis within the field of cryptocurrency stated that over the previous week the daily size of transaction fees in the Ethereum network has surged up to a record high for over two and a half years. On August 3, the median value #%D0%9F%D1%80%D0%B8%D0%BC%D0%B5%D1%80_%D0%B8%D1%81%D0%BF%D0%BE%D0%BB%D1%8C%D0%B7%D0%BE%D0%B2%D0%B0%D0%BD%D0%B8%D1%8F)of the fee amounted to $0.82, with the overall amount of transaction fees totaling $2 mln. However, it only signaled the start of real problems.
Over the next week, fees continued to grow and by August 11 the median fee value almost doubled equaling $1.57. Larry Cermak, an expert at a big analytical and news-making crypto portal The Block, wrote in his August 15 tweet that over a week the total amount of transaction fees in the Ethereum network totaled $34.5 mln, having surpassed its historical high. Meanwhile, in the Bitcoin network that is seen as too expensive the fees were almost four times lower at $9 mln.
The total fee amount paid by cryptocurrency users over a week:
  • Ethereum — $34.5 mln;
  • Bitcoin — $9 mln;
  • Monero — $2,240;
  • Tezos — $1,876;
  • Cardano — $1,615;
  • XRP — $1,138;
  • BSV — $1,102;
  • Stellar — $1,059;
  • Bitcoin Cash — $1,027;
  • UMI — $0. Let's talk about it a little later.

https://preview.redd.it/z9azd9v6alj51.png?width=1600&format=png&auto=webp&s=25c365d6e14665ecda4a2b8d19b2fc57dd5cde1e
Historical Growth Chart for Ethereum Fees. Source
The existing situation shows that Ethereum is actually not as fast and profitable as commonly cited. Additionally, this could happen to almost any cryptocurrency except UMI that charges no fees whatsoever. We will tell you why.
Why have these problems emerged?
There is nothing unoriginal: the Ethereum network simply can't handle an increased load. Arcane Research analysts consider that a principal cause of this situation is the constantly increasing number of the DeFi ecosystem projects built on the Ethereum blockchain. Their number is growing all the time which causes the overload of the network. As of August 12, the total amount of funds in DeFi applications reached $4.3 billion which is 19.5% higher than that in the past week. At the time of writing this article, the amount surged to $6.21 billion. You can see the current data here. What is the most unpleasant about DeFi protocols is that a lot of them are scam projects.
Which is not the worst part though. There is also another factor that significantly slows down the Ethereum network. There are a lot of pyramid-like projects that are built on the EOS platform and use smart contracts. One of them is SmartWay Forsage, which regularly overloads the network with a large number of transactions, causes traffic jams, and, consequently, leads to increased fees (keep in mind that Ethereum miners choose transactions with a higher commission). Vitalik Buterin, the co-founder of Ethereum, revealed his disapproval of the SmartWay Forsage methodology and asked them to "leave and not pollute Ethereum ecology in the future". However, the project is slow to do this — it continues to deceive users.
This is only the tip of the iceberg of scam projects which abounds on the EOS network –– they continually emerge, work for a while, then go down as scams and are replaced with new ones. This never-ending stream of "investment projects" based on the Ponzi scheme overloads the system. This is the reason why Adam Back, a pioneer of the crypto industry and founder of the technology company Blockstream, equated Ethereum with such infamous projects as Onecoin and Bitconnect. Adam Back's solid dig at Ethereum became the subject of much debate among crypto enthusiasts.
Of course, it all doesn't mean that Ethereum is a bad cryptocurrency. On the contrary, it has a lot of advantages over other coins. But all that has happened exposes Ethereum's faults which must be eliminated. The problem is that they may not be fixable. It is far from certain that the developers will be able to get rid of all the defects as the system has huge scalability problems.
The crypto community has to admit that Ethereum, like other first-generation cryptocurrencies, has issues with capacity, fees, and scalability and is gradually becoming obsolete.
2020 is the time for young innovative cryptocurrencies such as UMI.
UMI is the flagship of new-generation cryptocurrencies.
In real fact, any cryptocurrency could face it. Each cryptocurrency charges fees which typically surge when the network is overloaded or the price is going up. Everyone will remember 2017 when in line with price growth and the network's overload Bitcoin transaction fee reached a high of around $40.
But when it comes to UMI, it works the other way round. The UMI network's advantages are high capacity, no fees, and scaling possibilities. It uses the best and fastest crypto industry solutions and excludes all inefficient methods by default. Smart optimization in combination with the Proof-of-Authority technology operating on the master node basis enables almost instant payments.
At the stage of network testing, an incredibly high capacity was achieved:
  • up to 4,369 transactions per second;
  • up to 262,140 transactions per minute;
  • up to 15,728,400 transactions per hour;
  • up to 377,481,600 transactions per day.
Ethereum processes about 20 transactions per second. It means that the UMI network can process transactions that Ethereum processes over a year in 1 to 5 days — and with no fees.
https://preview.redd.it/rwohnov3alj51.png?width=1125&format=png&auto=webp&s=4329b75c0bd8b7a22276b529f5ca433d17a0874f
The UMI network can process transactions that Ethereum processes over a year in a few days and with no fees. More details
What is more important is that less than 0.001% of the network's overall potential is used now. The UMI network has a lot of reserve capacity and can handle hundreds of thousands of times heavier load. Moreover, with scaling possibilities, UMI can keep up with the times. The UMI code ensures the safe introduction of any upgrades — the network can be easily modified and scaled with cutting edge technology solutions. In other words, traffic jams will never pose a problem for us. UMI will instantly process all transactions, with no fees. Always.
https://preview.redd.it/t0068th0alj51.png?width=544&format=png&auto=webp&s=019f46ec8c093480c4638cf098312a5a146134a8
A real-time speedometer displays the number of transactions processed by the UMI network per second. Link
Additionally, unlike Ethereum and other cryptocurrencies, the UMI's staking smart contract prevents possibilities of any pyramid schemes, meaning eliminates their negative influence. Our staking is completely safe and secured against scammers. Read more about this in our article. Any UMI staking structure could work forever. In other words, you can multiply your coins at a rate of up to 40% per month for an indefinitely long period of time.
UMI doesn't inherit the disadvantages of the first-generation cryptocurrencies. This is an innovative, carefully designed network based on state-of-the-art technologies. UMI is an ambitious step toward the future. And we're making it together right now!
Sincerely yours, UMI team
submitted by UMITop to u/UMITop [link] [comments]

Ethereum Rallies Up 17% Amid Exponential DeFi Growth

Ethereum Rallies Up 17% Amid Exponential DeFi Growth

Meanwhile, Rumors Of ETH 2.0 Testnet Going Live Gave A Further Boost To Ethereum’s Price, Despite Growing Gas Fees
The world’s second-largest cryptocurrency to date, Ethereum, managed to reach a price point as high as $278 on Coinbase in what it seems a week of upwards momentum for Ethereum.
Ethereum’s price broke above the $250 resistance level on Wednesday, July 22, with strong bullish sentiment and growing trading volumes. The recent DeFi boom also contributed to the price surge, as on Thursday, July 23, Ethereum spiked several times, securing both the $250 and $260 zones, which can be considered as a support, if a negative correction occurs.
Crypto experts consolidated upon the statement that if Ethereum secures the $285 resistance, the crypto sector may see the second-largest crypto to skyrocket past $300, which would mean a new 52-week high, according to data from Cryptobrowser.io
However, the upward momentum may be put to a halt, as transaction fees, otherwise known as gas, are exponentially growing. The current gas price situation made Vitalilk Buterin, Ethereum’s co-founder, to bring a proposal for restructuring gas fees across the blockchain. Interestingly, the gas prices increase didn’t stop Ethereum’s upwards rally. Further, one of the biggest gas spenders, Tether, also accounts for the increase in network usage, as 59% of all circulating USDT tokens are currently on Ethereum’s network. Ethereum also surpassed the leading cryptocurrency to date, Bitcoin, in terms of network usage.
DeFi also accounts for the increased Ethereum network usage, as the total value locked (TVL) in DeFi projects hit a new all-time high of $3,5 billion, with a peak of 4 million ETH tokens locked in DeFi apps. The rapid growth means DeFi made an 87% increase in TVL in July alone, with a whopping 400% TVL increase since the start of 2020.
Source: DeFi Pulse
Meanwhile, crypto analysts consider the long-awaited ETH 2.0 update to be at the core of Ethereum’s upwards rally. Ethereum officials stated that a testnet for ETH 2.0 would go live on August 4, which is the first step for transitioning from a Proof-of-work (PoW) to a Proof-of-stake (PoS) transaction validation mechanism.
The much-anticipated network update created a vast demand for Ethereum options contracts, with investors betting Ethereum’s price would reach the $400-$800 regions. Over $230 million were put into call options, with 6000 contracts expiring on September 25.
Also, crypto derivatives exchange Deribit looked into the possibility for Ethereum to reach and surpass $400 by the end of September or December. It turns out, the odds of Ethereum hitting $400 are 18% and 34%, respectively.
Despite the forecasts, the market is still optimistic in a future price rally above $400. Bitazu Capital’s Mohit Sorout published a chart on Twitter, stating that Ethereum’s climb to $360 “will be fast”, with “Two months of sellers reevaluating their life choices now.”
submitted by Crypto_Browser to CryptoBrowser_EN [link] [comments]

LOEx Market Research Report on July 21: The index has gone to the end of the triangle wedge, should watch more and less action to reduce the operation

LOEx Market Research Report on July 21: The index has gone to the end of the triangle wedge, should watch more and less action to reduce the operation
[Today's Hot Tips]
1. [The first L2 extension solution of ETC, Connext Status Channel, has been activated on the main network]
On July 21, ETC Cooperative officially announced that the first Layer 2 protocol extension solution of ETC, Connext State Channels, has been deployed on the ETC mainnet. The Connext State Channel will allow the ETC mainnet to integrate multiple second-layer solutions, absorb a large number of transactions, and achieve the scalability of the blockchain.
2. [Announcement of the first batch of innovative applications in Shanghai Fintech Innovation Supervision Pilot, including technologies such as blockchain]
According to the Securities Times, e Company, on July 21, the Shanghai Fintech Innovation Supervision Pilot Working Group publicized the first batch of 8 innovative applications in Shanghai on the basis of a wide range of projects. The first batch of innovative applications actively explore the cross-enabling of multiple cutting-edge technologies such as AI, blockchain, big data, and multi-party secure computing, and use FinTech to solve the pain points of information and trust asymmetry faced by small, medium and micro enterprises in financing, and create new models and methods for inclusive finance.
3. [Developer of Ethereum Testnet: Ethereum 2.0 Beacon Chain will be released in November]
According to Paradigm on July 20, the developer of the Ethereum multi-client testnet, Afri Schoedon, stated in an interview that the Ethereum 2.0 Beacon Chain will be released in November unless we find a serious error in the client or protocol. Afri Schoedon said that its estimated launch time is somewhere between Vitalik Buterin and Justin Drake (the Ethereum Foundation researcher). He believes that there is no need to postpone Ethereum 2.0 to 2021 unless key issues are found. In general, it is likely to be launched at the end of 2020.
[Today's market analysis]
Bitcoin (BTC)BTC rose slightly in the early morning, reached 9200 USDT in a short time, and then fell slightly to 9170 USDT. At present, BTC continues to fluctuate in a narrow range around 9170 USDT. Mainstream coins basically followed the trend of the broader market, rising slightly in the early morning and then falling back significantly. BTC is currently reported 9177.1 USDT on LOEx Global, an increase of 0.04% in 24h.
https://preview.redd.it/xz6s3i75b6c51.png?width=554&format=png&auto=webp&s=fa03d4ee39ee1ad20e962d0a4266564484fe4e60
The volatility of Bitcoin throughout July was too boring, and the stage was on the Altcoin side. The market will never only rise and not fall. When the tide recedes and the enthusiasm is gone, will the Altcoin and the big pie resonate and fall? Looking at the K-line chart above, the wedge-shaped sharp corners are getting more and more extreme, and they will soon face a change. High and sideways, maybe the main force will quickly hit the market, but it is also a fishtail market; otherwise, the risk is even greater. Here we can completely jump out and wait until the market is clear before making a trading plan. The gentleman does not stand under the dangerous wall.
The currency market index has reached the end of the triangular wedge, it is better to be cautious in the short term.
Operation suggestions:
Support level: the first support level is 9100 points, the second support level is 9000 integers;
Resistance level: the first resistance level is 9200 points, the second resistance level is 9400 points.
LOEx is registered in Seychelles. It is a global one-stop digital asset service platform with business distribution nodes in 20 regions around the world. It has been exempted from Seychelles and Singapore Monetary Authority (MAS) digital currency trading services. Provide services and secure encrypted digital currency trading environment for 2 million community members in 24 hours.
submitted by LOEXCHANGE to u/LOEXCHANGE [link] [comments]

The bitcoin exchange rate fell down below $9,000 again — no growth ahead?

The bitcoin exchange rate fell down below $9,000 again — no growth ahead?

https://preview.redd.it/9hb37p1ocg551.jpg?width=2560&format=pjpg&auto=webp&s=9230a19985195a87920ca676ad966bd9cecf3469

Here is what analysts think about it:


▶ Buterin: the growth of the bitcoin price is not related to halving
The co-founder of Ethereum Vitalik Buterin stated that the theory that the growth of the BTC exchange rate was related to halving did not work.
The developer attached a chart of the S2F model according to which bitcoin periodically increased its cost together with halving the reward for mining a block.
"The last $20k peak was near the halfway point between the 2016 and 2020 halvings", he pointed out.
In the comments Buterin was told that the model predicted the quantitative growth of the bitcoin price, but it did not presume that the maximum will coincide exactly with the event of halving. The developer agreed that the absence of the direct correlation between halving and the growth of the bitcoin price did not disprove the theory, but said that he still did not agree with it.

▶ The price of Ethereum can rise up to $7,500
If the BTC exchange rate increases up to $50,000, Chris Burniske, a partner in the Placeholder venture capital firm, thinks.
"If $BTC goes > $50,000 in the next cycle, and $ETHBTC returns to its former ATH, then expect to see $ETH > $7,500", he wrote in his Twitter account.
According to him, the price of bitcoin will rise up to $50,000, even if the volatility of the new rally will be twice as less as the previous indices. In this case, the capitalization of the first cryptocurrency will rise above $1 trillion. It will allow bitcoin to strengthen its "macro equity" status, while ETH will be able to become a mainstream instrument, the expert thinks.

▶ The price of bitcoin will go down following the stock market
Analyst Satoshi Flipper thinks. If the US shares continue the correction, the BTC price will fall to $7,300 before the middle of July, he writes.
Satoshi Flipper points out that, by going below $9,400, the exchange rate has broken through the trend line that has been acting as a support one since May. The S&P 500 index fell down 2.79% this morning — the crypto market followed it as well, the trader points out. He adds that he has been holding the short position regarding bitcoin since the weekend.
submitted by bestchange_pr to bestchange [link] [comments]

CRYPTO WEEKLY NEWS — May, 8

What important crypto events happened last week?
📌 Block number 10,000,000 was mined on Ethereum on the 4th of May 2020 setting the number of blocks mined on the second-largest blockchain over 15 times more than Bitcoin despite being 5 years younger. Congrats! Meanwhile, Vitalik Buterin spoke about the expected reduction in the annual Ethereum issue from the current 4.7 million coins to 100 thousand-2 million after switching to the Proof-of-Stake consensus algorithm. The rejection of Proof-of-Work in favor of Proof-of-Stake is due to the desire to reduce inflation in the blockchain. Speaking about Ethereum, ConsenSys, the leading Ethereum dApp development studio is adjusting to the conditions of the devastating crisis of COVID-19 and will present Ethereal Summit completely virtually on May 7-8. Such an event takes place virtually for the very first time. And from May 29 to June 16, the Planet Wide SOS online hackathon will take place. The participants will share business ideas to overcome the global crisis. The best of them will receive financing for implementation. The event will be opened by Ethereum founder Vitalik Buterin and Singularity.Net CEO Ben Herzel.
📌 Well, it's all about the upcoming Bitcoin halving right now. The experts say that BTC is now the most profitable investment by far, rising 21% from $7,203 at the start of 2020 with equities suffering big losses in 2020 and gold up 7.83% on the year. The price of Bitcoin is around $9,000, after last week's impressive 20% rally in a single day. All seems to be going well. However, there is one chart view that suggests that BTC may still be in a downtrend. Following the price recovery trend, the whales are actively accumulating Bitcoin. According to Glassnode, from the beginning of March 2020, the number of the largest bitcoin addresses grew by 11% and reached 111, the highest since the beginning of August 2019.
📌 Ripple has published a financial report for the first quarter of this year. During this period, the company sold XRP for $1.75 million. In the last quarter of 2019, this figure reached $13.08 million. The drop in sales was a record 87%, and this is the worst Ripple record ever. The decline is due to a sharp decrease in direct institutional sales, as well as a prolonged pause in sales to cryptocurrency exchanges.
📌 Owing to the drastic economic effect of coronavirus in Italy and also a way to survive these hard times, a small Italy town, Castellino del Biferno, with 550 residents, began minting their local currency dubbed “Ducati”.
📌 Global Digital Assets (GDA), the first merchant bank in North America to focus on blockchain and digital assets, announced that it will be joining the DigitalBits ecosystem to further enterprise adoption for branded cryptocurrencies.
📌 The ever-entertaining John McAfee is 99% certain he knows who Satoshi Nakamoto is. McAfee claims that linguistic analysis of the whitepaper is all that is needed to uncover Satoshi’s identity. But he won't name this person.
📌 In honor of its seventh birthday, CoinMarketCap organized the so-called roast challenge, inviting the participants of the crypto community to sincerely hook on the popular analytical service in the comments under the Twitter post. Happy Birthday, CMC! And yes, the comments are so good they deserve your attention.
submitted by CoinjoyAssistant to EtherMining [link] [comments]

CRYPTO WEEKLY NEWS — May, 8

What important crypto events happened last week?
📌 Block number 10,000,000 was mined on Ethereum on the 4th of May 2020 setting the number of blocks mined on the second-largest blockchain over 15 times more than Bitcoin despite being 5 years younger. Congrats! Meanwhile, Vitalik Buterin spoke about the expected reduction in the annual Ethereum issue from the current 4.7 million coins to 100 thousand-2 million after switching to the Proof-of-Stake consensus algorithm. The rejection of Proof-of-Work in favor of Proof-of-Stake is due to the desire to reduce inflation in the blockchain. Speaking about Ethereum, ConsenSys, the leading Ethereum dApp development studio is adjusting to the conditions of the devastating crisis of COVID-19 and will present Ethereal Summit completely virtually on May 7-8. Such an event takes place virtually for the very first time. And from May 29 to June 16, the Planet Wide SOS online hackathon will take place. The participants will share business ideas to overcome the global crisis. The best of them will receive financing for implementation. The event will be opened by Ethereum founder Vitalik Buterin and Singularity.Net CEO Ben Herzel.
📌 Well, it's all about the upcoming Bitcoin halving right now. The experts say that BTC is now the most profitable investment by far, rising 21% from $7,203 at the start of 2020 with equities suffering big losses in 2020 and gold up 7.83% on the year. The price of Bitcoin is around $9,000, after last week's impressive 20% rally in a single day. All seems to be going well. However, there is one chart view that suggests that BTC may still be in a downtrend. Following the price recovery trend, the whales are actively accumulating Bitcoin. According to Glassnode, from the beginning of March 2020, the number of the largest bitcoin addresses grew by 11% and reached 111, the highest since the beginning of August 2019.
📌 Ripple has published a financial report for the first quarter of this year. During this period, the company sold XRP for $1.75 million. In the last quarter of 2019, this figure reached $13.08 million. The drop in sales was a record 87%, and this is the worst Ripple record ever. The decline is due to a sharp decrease in direct institutional sales, as well as a prolonged pause in sales to cryptocurrency exchanges.
📌 Owing to the drastic economic effect of coronavirus in Italy and also a way to survive these hard times, a small Italy town, Castellino del Biferno, with 550 residents, began minting their local currency dubbed “Ducati”.
📌 Global Digital Assets (GDA), the first merchant bank in North America to focus on blockchain and digital assets, announced that it will be joining the DigitalBits ecosystem to further enterprise adoption for branded cryptocurrencies.
📌 The ever-entertaining John McAfee is 99% certain he knows who Satoshi Nakamoto is. McAfee claims that linguistic analysis of the whitepaper is all that is needed to uncover Satoshi’s identity. But he won't name this person.
📌 In honor of its seventh birthday, CoinMarketCap organized the so-called roast challenge, inviting the participants of the crypto community to sincerely hook on the popular analytical service in the comments under the Twitter post. Happy Birthday, CMC! And yes, the comments are so good they deserve your attention.
submitted by CoinjoyAssistant to ethtrader [link] [comments]

CRYPTO WEEKLY NEWS — May, 8

What important crypto events happened last week?
📌 Well, it's all about the upcoming Bitcoin halving right now. The experts say that BTC is now the most profitable investment by far, rising 21% from $7,203 at the start of 2020 with equities suffering big losses in 2020 and gold up 7.83% on the year. The price of Bitcoin is around $9,000, after last week's impressive 20% rally in a single day. All seems to be going well. However, there is one chart view that suggests that BTC may still be in a downtrend. Following the price recovery trend, the whales are actively accumulating Bitcoin. According to Glassnode, from the beginning of March 2020, the number of the largest bitcoin addresses grew by 11% and reached 111, the highest since the beginning of August 2019.
📌 Ripple has published a financial report for the first quarter of this year. During this period, the company sold XRP for $1.75 million. In the last quarter of 2019, this figure reached $13.08 million. The drop in sales was a record 87%, and this is the worst Ripple record ever. The decline is due to a sharp decrease in direct institutional sales, as well as a prolonged pause in sales to cryptocurrency exchanges.
📌 Block number 10,000,000 was mined on Ethereum on the 4th of May 2020 setting the number of blocks mined on the second-largest blockchain over 15 times more than Bitcoin despite being 5 years younger. Congrats! Meanwhile, Vitalik Buterin spoke about the expected reduction in the annual Ethereum issue from the current 4.7 million coins to 100 thousand-2 million after switching to the Proof-of-Stake consensus algorithm. The rejection of Proof-of-Work in favor of Proof-of-Stake is due to the desire to reduce inflation in the blockchain. Speaking about Ethereum, ConsenSys, the leading Ethereum dApp development studio is adjusting to the conditions of the devastating crisis of COVID-19 and will present Ethereal Summit completely virtually on May 7-8. Such an event takes place virtually for the very first time. And from May 29 to June 16, the Planet Wide SOS online hackathon will take place. The participants will share business ideas to overcome the global crisis. The best of them will receive financing for implementation. The event will be opened by Ethereum founder Vitalik Buterin and Singularity.Net CEO Ben Herzel.
📌 Owing to the drastic economic effect of coronavirus in Italy and also a way to survive these hard times, a small Italy town, Castellino del Biferno, with 550 residents, began minting their local currency dubbed “Ducati”.
📌 Global Digital Assets (GDA), the first merchant bank in North America to focus on blockchain and digital assets, announced that it will be joining the DigitalBits ecosystem to further enterprise adoption for branded cryptocurrencies.
📌 The ever-entertaining John McAfee is 99% certain he knows who Satoshi Nakamoto is. McAfee claims that linguistic analysis of the whitepaper is all that is needed to uncover Satoshi’s identity. But he won't name this person.
📌 In honor of its seventh birthday, CoinMarketCap organized the so-called roast challenge, inviting the participants of the crypto community to sincerely hook on the popular analytical service in the comments under the Twitter post. Happy Birthday, CMC! And yes, the comments are so good they deserve your attention.
submitted by CoinjoyAssistant to BlockchainStartups [link] [comments]

CRYPTO WEEKLY NEWS — May, 8

What important crypto events happened last week?
📌 Well, it's all about the upcoming Bitcoin halving right now. The experts say that BTC is now the most profitable investment by far, rising 21% from $7,203 at the start of 2020 with equities suffering big losses in 2020 and gold up 7.83% on the year. The price of Bitcoin is around $9,000, after last week's impressive 20% rally in a single day. All seems to be going well. However, there is one chart view that suggests that BTC may still be in a downtrend. Following the price recovery trend, the whales are actively accumulating Bitcoin. According to Glassnode, from the beginning of March 2020, the number of the largest bitcoin addresses grew by 11% and reached 111, the highest since the beginning of August 2019.
📌 Ripple has published a financial report for the first quarter of this year. During this period, the company sold XRP for $1.75 million. In the last quarter of 2019, this figure reached $13.08 million. The drop in sales was a record 87%, and this is the worst Ripple record ever. The decline is due to a sharp decrease in direct institutional sales, as well as a prolonged pause in sales to cryptocurrency exchanges.
📌 Block number 10,000,000 was mined on Ethereum on the 4th of May 2020 setting the number of blocks mined on the second-largest blockchain over 15 times more than Bitcoin despite being 5 years younger. Congrats! Meanwhile, Vitalik Buterin spoke about the expected reduction in the annual Ethereum issue from the current 4.7 million coins to 100 thousand-2 million after switching to the Proof-of-Stake consensus algorithm. The rejection of Proof-of-Work in favor of Proof-of-Stake is due to the desire to reduce inflation in the blockchain. Speaking about Ethereum, ConsenSys, the leading Ethereum dApp development studio, is adjusting to the conditions of the devastating crisis of COVID-19 and will present Ethereal Summit completely virtually on May 7-8. Such an event takes place virtually for the very first time. And from May 29 to June 16, the Planet Wide SOS online hackathon will take place. The participants will share business ideas to overcome the global crisis. The best of them will receive financing for implementation. The event will be opened by Ethereum founder Vitalik Buterin and Singularity.Net CEO Ben Herzel.
📌 Owing to the drastic economic effect of coronavirus in Italy and also a way to survive these hard times, a small Italy town, Castellino del Biferno, with 550 residents, began minting their local currency dubbed “Ducati”.
📌 Global Digital Assets (GDA), the first merchant bank in North America to focus on blockchain and digital assets, announced that it will be joining the DigitalBits ecosystem to further enterprise adoption for branded cryptocurrencies.
📌 The ever-entertaining John McAfee is 99% certain he knows who Satoshi Nakamoto is. McAfee claims that linguistic analysis of the whitepaper is all that is needed to uncover Satoshi’s identity. But he won't name this person.
📌 In honor of its seventh birthday, CoinMarketCap organized the so-called roast challenge, inviting the participants of the crypto community to sincerely hook on the popular analytical service in the comments under the Twitter post. Happy Birthday, CMC! And yes, the comments are so good they deserve your attention.
submitted by CoinjoyAssistant to RippleTalk [link] [comments]

Your winning percentages are what make Infinity Vest amazing!

Your winning percentages are what make Infinity Vest amazing!
We are the Definity Labs. Decentralized Finance Leaders: We develop our own decentralized applications to better our community, while also keeping our community informed of the latest events happening in the DeFi ecosystem.

https://preview.redd.it/prmmf4osli051.png?width=768&format=png&auto=webp&s=839cd7f2a9c9bc4cf2cc179e655c009a8a304f7c
For our latest DAPP click on: INFINITY VEST

Ethereum’s Popularity Problem: Fees are Surging

By Andy Boyan
There’s a common gripe among Ethereum users these days —gas is too damn high. Transaction fees are surging as Tether continues to move to the second-largest blockchain network.
Fees paid on the Ethereum network have surpassed 500 ETH every day since April 15, according to Etherscan. That’s the longest stretch since three months at the height of the latest crypto bubble, between December 2017 and March 2018. What’s more, total daily fees paid have breached 2,000 ETH three times in May, a level that’s been crossed a few dozen times in all of Ethereum’s five-year history. The average for the past week was at 1,700 ETH.

Image source: Etherscan
Tether (USDT) is the main culprit. Users have paid almost $1.4M in the past 30 days for using the stablecoin, according ETH Gas Station. Much of that activity is coming from exchange-to-exchange transfers, which signals arbitrage trading. There are also several ponzi scams that make up the top seven spots including noted pyramid scam MMM, which continues its long program of ponzi scheming.

Financial Layer

While frustrating for end-users, higher fees are a sign the network is getting used as a financial settlement layer. Dexes and stablecoins account for about half of the top 25 projects.
Another positive: high fees are a sign Ethereum’s transition to proof-of-stake will be sustainable. Fees are higher than expected rewards for PoS validators, Vitalik Buterin said earlier this week. Building an attractive staking yield is critical to maintaining decentralized and robust network security, according to a March report by Delphi Digital.
Read more
submitted by Shudip_477 to DefinityLabs [link] [comments]

ETH Co-Founder Vitalik Buterin: “Bitcoin Cash Is Not Bitcoin” (current BTC/USD price is $9,364.53)

Latest Bitcoin News:
ETH Co-Founder Vitalik Buterin: “Bitcoin Cash Is Not Bitcoin”
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
submitted by coinsaladcom to CoinSalad [link] [comments]

How to trade Ethereum

How to trade Ethereum

https://preview.redd.it/i6wrjvz5um541.png?width=1000&format=png&auto=webp&s=6334ee0ddb8be6c1219eea8a191780f5b1ca366e
Ethereum is the second largest cryptocurrency by capitalization after Bitcoin, founded in 2014 by Vitalik Buterin. The work of the ether is based on smart contracts technology, which was first implemented in this cryptocurrency. Smart contracts allow to conclude transactions between users without intermediaries, and the program code controls the fulfillment of the obligations of both parties.

Where you can trade Ethereum

Ethereum is traded on all cryptocurrency exchanges, as it is the main altcoin. The most popular trading platforms are Binance and BitMEX. To store ether, you need to have a wallet, such as MyEtherWallet. If you plan to trade, there is no need to buy cryptocurrency through exchangers, but you can buy it on the exchange directly - Binance added support for ruble and currency pairs, including ETH/RUB.

How to trade

The Ethereum price chart is represented by the Trading View resource, which is integrated into the Trade-mate.io service. In your account you can connect three exchanges Binance, BitMEX and Poloniex. In addition to advanced Tradingview charts service provides smart trade functionality with trailing stops and autotrade, allowing you to copy trades of other traders and trading bots.
The Ethereum volatility allows you to use any classic strategies inherited from Forex. If the foreign exchange market has long acquired immunity to technical analysis, the crypto market allows you to make a profit due to the immaturity of the industry. The most popular trading indicators are Bollinger Bands, Fibonacci Levels, RSI and others. A detailed description is easy to find on the Internet, but do not forget about the main rule - set up stop losses, because any cryptocurrency can collapse by 20% or more in a few hours. Trade-mate.io will help to extract the maximum profit, because smart trade allows you to automatically rearrange the stop loss as long as the price rises.

Little trick

Special attention is focused on Ether because of its popularity, so the coin is quite sensitive to news. Even rumors can lead to strong growth or collapse of this cryptocurrency. For example, fake information about the death of the founder of the project at the end of June led to a strong price collapse.

https://preview.redd.it/yx3yjqmcum541.png?width=762&format=png&auto=webp&s=39578308f01912d3b45df2e5dc13ec53f0c2e96a
submitted by mrhadow to matetrade [link] [comments]

ethtrader Glossary of Terms

I recently introduced a friend to our humble, little subreddit and they quickly pointed out that the language spoken here did not appear to be English. I suppose we do toss around a fair amount of acronyms, memes, and slang. I put together a quick glossary of terms for them and figured I should post it here in case any other new ethtraders can benefit from it:

Trading Related:

Crypto-currency related, but not really specific to Ethereum:

Terms more specific to Ethereum

Memes:

Any mistakes I made? Any terms you would add?
submitted by Basoosh to ethtrader [link] [comments]

This is how Ethereum will scale

I am the developer of a dApp named KryptoWar, it's a war game based entirely on the Ethereum Blockchain. Today I want to spend some time exploring the scaling possibilities of the Ethereum Blockchain and how this could take dApps to a new level.
This article was originally published here.
When it comes to the Ethereum Blockchain, scaling is the most important issue to take into consideration. The blockchain technology has expanded rapidly over the last two months, as you can see in the transactions chart here. On November 11, there were less than 500,000 transactions per day. But today, the network is approaching almost 1,500,000 daily transactions.
With the number of transactions rapidly growing—the Ethereum network’s scaling is now facing the true test of whether or not it can handle rapid user-growth.
Since its development, the goal of Ethereum has always been to develop a cryptocurrency with the capacity to grow into a mainstream global currency. Unlike many other blockchain technologies, the founders of Ethereum primary intentions were to create a currency that would change the world—rather than focus on profits.
That’s why I was really excited to hear Ethereum founder Vitalik Buterin say it will just take “a couple of years for the Blockchain to replace Visa” at TechCrunch Disrupt 2017. Setting a goal like Buterin’s is extremely ambitious—but is it possible? How exactly can the Ethereum Foundation scale their digital currency platform onto a level that can provide millions of transactions per second?

On-chain scaling

Contrary to popular belief of blockchain, Ethereum has the potential to scale on-chain—rather than exclusively off-chain. In this article, I use on-chain scaling to refer to methods that can increase blockchain network capacity. This is one of the main ways that Ethereum’s focus diverts from other blockchain networks.
Sharding
The founder of Ethereum particularly emphasizes promise behind the on-chain scaling method known as “sharding.” According to Vitalik, sharding can be understood as a blockchain that “has different universes and each of these universes is a different account space.” The really fascinating thing about these universes is that—while they maintain distinct parameters from one another—they also share a broader “universe” that connects one another.
As a result of the blurred line that sharding enables between Ethereum’s transactions being both connected and distinct, my research shows that Shard, while it may take a while to ideally develop, will contain an unparalleled level of security and data capacity. Ultimately, I think this will allow the storage of vast amounts of state data—and extremely quickly.
Proof of Stake
The product mostly developed by Ethereum developer Vlad Zamfir known as “Casper” attempts to resolve issues that have previously been coined as problematic to overall PoS solutions. The function of Casper sidesteps the conventional blockchain scaling method—mining—that involves a user competition and reward system.
In place of the conventional method, Zamfir’s PoS designates validators of transactions, based on the amount of their Ether stakes, and has those validators then put up a portion of their Ethers as stakes. When these validators discover a useable block, they hedge their money on that block being certified—if they are correct about block, they are rewarded; if incorrect, they lose the money that they hedged.
The major benefit of the Casper PoS is that it has designed the Ethereum blockchain to prioritize pragmatism over user-trust. Casper is specifically designed to deter instances of potentially harmful blocks for individual benefit.

Off-chain scaling

The more commonly noted method of scaling blockchain technology involved off-chain scaling. This is the method that was embraced by earlier cryptocurrencies, such as Bitcoin. I think that Ethereum is employing off-chain strategies as a result of its partial success in the past.
My definition of off-chain includes tactics to make the use of blockchain more efficient (without altering the blockchain itself), as well as decrease the use of the blockchain while increasing overall transactions.
Raiden State Channels
Ethereum’s main off-chain strategy involves taking advantage of Raiden state channels. What exactly is a Raiden state channel? Essentially, the Raiden Network is channel for transactions to occur without using the blockchain every time. Similar to Bitcoin’s Lightning Network—but, in my opinion, substantially stronger and quicker.
The purpose of the Raiden Network is to increase the speed of transactions while decreasing the cost.
By avoiding the Ethereum blockchain and using its own channel to trade Ether, Raiden holds the potential to enable millions of micro-networks to facilitate off-chain transactions. The main benefit of this—it dramatically decreases the burden and requirements of Ethereum to handle. ongoing and future increases in transactions.
Plasma
Plasma, essentially, creates its own network of blocks, similar to a blockchain—only it is more of a sub-blockchain to the overall Ethereum network. The plasma system relies on incentivizing smart contracts to allow a massive amount of state updates per second.
With Plasma’s potential fully exploited, Vitalik believes that Ethereum will be able to take complete advantage of its untapped potential. This process relies more on user-censorship for identifying misuse of the blockchain. Through the plasma network, other users are responsible for flagging negatively intended usage of Ethereum.
I would love to hear your feedback about this article and ideas about scaling Ethereum. 2018 will be very exciting year.
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Daily analysis of cryptocurrencies 20191004(Market index 30 — Fear state)

Daily analysis of cryptocurrencies 20191004(Market index 30 — Fear state)

https://preview.redd.it/1a9tl97fjjq31.png?width=1187&format=png&auto=webp&s=764fe29b4b1aecdab2facadb18eb5838cce17a4d

Vitalik Buterin: Ethereum 2.0 Public Testnet Soon To Be Launched Ethereum founder Vitalik Buterin said in an interview that over the past few months, much progress has been made in the Ethereum ecosystem, such as zero-knowledge proofs. The development of Ethereum 2.0 has also made very rapid progress, and the Ethereum 2.0 public testnet will also be launched soon. Also, Vitalic Buterin revealed that seven client development teams of Ethereum 2.0 met in Toronto in early September, and they realized the interaction and interoperability among these seven clients. Currently, Casper FFG, the primary work relating to Ethereum 2.0, will soon be available.
‘Gold-Backed’ Crypto Token’s Promoter Investigated By Florida Regulators Florida regulators are investigating Karatbars, a German company that’s been promoting a token tied to a Miami “crypto bank” without any banking license in the state. Karatbars previously issued a cryptocurrency purportedly backed by gold, but CoinDesk has been unable to verify the existence of the mine the company says produced the gold. Before it entered the crypto space, Karatbars sold gold products online through an affiliate marketing system that regulators in three countries warned the public to avoid. CoinDesk interviewed three of Karatbars’ current “affiliates,” who said they passionately believe in the company and its tokens.
Nomura Completes Investment In LVC In Accordance With Blockchain-Focused Alliance Agreement LINE Corporation, LINE’s group company LVC Corporation, and Nomura Holdings Inc today (Oct 4) announce they have entered into a final agreement to form a financial business partnership that focuses on blockchain technology. The agreement follows the signing of a memorandum of understanding by the companies in January 2019. In accordance with the partnership terms, Nomura has completed its investment in LVC today. In this long-term partnership, the three stakeholders aim to collaborate in order to build a new financial service using blockchain technology.
Hong Kong SFC Released Regulatory Terms On Licensed Virtual Asset Management Firms The Securities and Futures Commission (SFC) of Hong Kong released the proforma set of terms and conditions on licensed virtual asset management companies on its official website. SFC indicated that the released terms and conditions will apply to fund managers of virtual assets, including those who plan to invest in virtual assets, or intend to cover 10% or more of the gross asset value of the portfolio to invest in virtual assets.

Encrypted project calendar(October 04, 2019)

KNC/Kyber Network: Kyber Network (KNC) will update the maxGasPrice parameter in the Kyber Network contract from 100 gwei to 50 gwei within 2 weeks after October 4.

Encrypted project calendar(October 05, 2019)

Ontology (ONT): Ony Ji will attend the blockchain event in Japan on October 5th and explain the practical application based on the ontology network. BNB/Binance Coin: The Binance Coin (BNB) Oasis Game Hackathon will be held on October 5th in Bangalore, India, and will be hosted by Binance Labs, Matic Network, Cocos-BCX, Celer Network, Marlin Protocol.

Encrypted project calendar(October 06, 2019)

SPND/ Spendcoin: Spendcoin (SPND) will be online on October 6th

Encrypted project calendar(October 07, 2019)

GNO/Gnosis: Gnosis (GNO) will discuss the topic “Decentralized Trading Agreement Based on Ethereum” will be held in Osaka, Japan on October 7th. Kyber and Uniswap, Gnosis and Loopring will attend and give speeches.

Encrypted project calendar(October 08, 2019)

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th.

Encrypted project calendar(October 09, 2019)

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland.

Encrypted project calendar(October 10, 2019)

INB/Insight Chain: The Insight Chain (INB) INB public blockchain main network will be launched on October 10. VET/Vechain: VeChain (VET) will attend the BLOCKWALKS Blockchain Europe Conference on October 10. CAPP/Cappasity: Cappasity (CAPP) Cappasity will be present at the Osaka Global Innovation Forum in Osaka (October 10–11).

Encrypted project calendar(October 11, 2019)

OKB/OKB: OKB (OKB) OKEx series of talks will be held in Istanbul on October 11th to discuss “the rise of the Turkish blockchain.”

Encrypted project calendar(October 12, 2019)

BTC/Bitcoin: The 2019 Global Mining Leaders Summit will be held in Chengdu, China from October 12th to 14th.

Encrypted project calendar(October 14, 2019)

BCH/Bitcoin Cash: The ChainPoint 19 conference will be held in Armenia from October 14th to 15th.

Encrypted project calendar(October 15, 2019)

RUFF/RUFF Token: Ruff will end the three-month early bird program on October 15th KAT/Kambria: Kambria (KAT) exchanges ERC20 KAT for a 10% bonus on BEP2 KAT-7BB, and the token exchange reward will end on October 15. BTC/Bitcoin: The Blockchain Technology Investment Summit (CIS) will be held in Los Angeles from October 15th to 16th.

Encrypted project calendar(October 16, 2019)

BTC/Bitcoin: The 2019 Blockchain Life Summit will be held in Moscow, Russia from October 16th to 17th. MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on the theme of “Technology Problem Solving and Testing IoT Devices” at the University of Southern California in Los Angeles on October 16. ETH/Ethereum: Ethereum launches Istanbul (Istanbul) main network upgrade, this main network upgrade involves 6 code upgrades. QTUM/Qtum: Qtum (QTUM) Qtum main network hard fork is scheduled for October 16.

Encrypted project calendar(October 18, 2019)

BTC/Bitcoin: The SEC will give a pass on the VanEck/SolidX ETF on October 18th and make a final decision HB/HeartBout: HeartBout (HB) will officially release the Android version of the HeartBout app on October 18.

Encrypted project calendar(October 19, 2019)

PI/PCHAIN Network: The PCHAIN (PI) backbone (Phase 5, 82 nodes, 164, 023, 802 $ PI, 7 candidates) will begin on October 19. LINK/ChainLink: Diffusion 2019 will be held in Berlin, Germany from October 19th to 20th

Encrypted project calendar(October 21, 2019)

KNC/Kyber Network: The official online hackathon of the Kyber Network (KNC) project will end on October 21st, with more than $42,000 in prize money.

Encrypted project calendar(October 22, 2019)

ZRX/0x: The 0x protocol (ZRX) Pantera blockchain summit will be held on October 22.

Encrypted project calendar(October 23, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 23rd at the University of Southern California in Los Angeles with the theme “Connecting the I3 Market and Experiencing Purchase and Sales Data.” BTC/Bitcoin: The WBS World Blockchain Summit (Middle East) will be held in Dubai from October 23rd to 24th.

Encrypted project calendar(October 24, 2019)

BCN/Bytecoin: Bytecoin (BCN) released the hidden amount of the Bytecoin block network on October 24.

Encrypted project calendar(October 25, 2019)

ADA/Cardano: Cardano (ADA) The Ada community will host a community gathering in the Dominican Republic for the first time on October 25.

In the past two sessions, there were bearish moves in bitcoin below $8,300 against the US Dollar. The BTC/USD pair followed a bearish path and broke the $8,200 support area. Moreover, there was a close below the $8,200 level and the 100 hourly simple moving average. The last swing high was formed near $8,300 before the price broke $8,200 support.
Additionally, there was a break below the 50% Fib retracement level of the upward move from the $7,659 low to $8,539 high. The recent decline was such that the price tested the $8,000 support area. More importantly, the price tested the 61.8% Fib retracement level of the upward move from the $7,659 low to $8,539 high. At the moment, the price is struggling to hold the $8,000 support area.
It seems like there is a key declining channel forming with resistance near the $8,260 level on the hourly chart of the BTC/USD pair. Thus, if there is a downside break below the $8,000 support, the price could accelerate its decline towards the $7,800 support area. Besides, an intermediate support is near $7,850 or the 76.4% Fib retracement level of the upward move from the $7,659 low to $8,539 high.
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The best crypto and blockchain podcasts of 2019

For anyone who it interested in learning more about investing, crypto, finance, blockchain, and entrepreneurship can checkout this list I made of the top podcasts to follow in 2019 with some selected episodes chosen from each one:

Off The Chain With Anthony Pompliano
Host Anthony Pompliano talks to some of the most respected names in crypto and Wall Street to find out how intelligent investors from the new and old financial system are thinking about digital assets.
Top Episodes:
CZ, Founder and CEO of Binance: Binance and the Future of Global Crypto Regulation
Murad Mahmudov: The Ultimate Bitcoin Argument
Travis Kling: The Secrets of A Crypto Trader

Unchained: Your No-Hype Resource for All Things Crypto
This weekly, hour-long podcast with host Laura Shin dives deep into the people building the decentralized internet, the details of this technology that could underpin our future, and some of the thorniest topics in crypto, such as regulation, security and privacy.
Top Episodes:
Vitalik Buterin, Creator of Ethereum, On The Big Guy vs. The Little Guy
Naval Ravikant On How Crypto Is Squeezing VCs, Hindering Regulators, and Bringing Users Choice
Blockchain 101 with Andreas Antonoloulos

What Grinds My Gears
From Meltem Demirors and Jill Carlson, What Grinds My Gears is a podcast about the bizarre and buzzworthy happenings in the world of cryptocurrency. Each week, they delve into one key theme in crypto, and examine this theme through a broader financial, political, and cultural lens to learn from the past, understand the present, and explore the future.
Top Episodes:
An Unfetted Orgy Of Capitalism
It’s All About The DEX, Baby!
Tarred & Tethered

What Bitcoin Did
Since the birth of Bitcoin in 2009, a new class of Crypto assets built using the innovative design of the blockchain is disrupting technology and financial markets. In this podcast you will hear host Peter McCormack speak with crypto traders, miners, venture capitalist, investors, technical developers, CEOs, journalist and other people driving forward the growth of Bitcoin and other cryptocurrencies.
Link To Listen
Top Episodes:
Andreas Antonopoulos: What Happens When Bitcoin Takes Over?
Peter Van Valkenburg on Lightning & The Law
Tuur Demeester on Why Bitcoin Is In Heavy Accumulation

Untold Stories with Charlie Shrem
Host Charlie Shrem dives deep into the lives and personal histories of some of crypto’s most influential leaders. A focus on personal stories weaves together a nuanced, untold narrative of how the crypto movement truly came to be.
Top Episodes:
J. Maurice “Wiz” — The Real Story of Mt. Gox & How to Become a Self-Sovereign Bitcoin Miner
Arianna Simpson — Why Founders Shouldn’t Think About an Exit & Becoming BitGo’s 3rd Employee
Steven Nerayoff — Crypto as a Disruptive Technology & Governments Debasing Their Own Currencies

Tales From The Crypt
Tales from the Crypt is a podcast hosted by Marty Bent about Bitcoin. Join Marty, Editor in Chief of “the best newsletter in crypto”, as he sits down to discuss Bitcoin with interesting people.
Top Episodes:
Tales from the Crypt: Pierre Rochard Pt. I
Tales from the Crypt #3: Santiago Siri
Tales from the Crypt Ep1: The History of Bitcoin Pt. 1

The Token Daily with Soona Amhaz
Host soona amhaz sits down with the movers and shakers of the crypto industry to discuss the big ideas they spend their days thinking about. Soona and her guests examine everything from industry trends, to what books they’re reading, to human psychology and investing.
Top Episodes:
Taylor Pearson, Author of The End of Jobs: Markets Are Eating the World
Dani Grant, Analyst at Union Square Ventures: The VC Outlook on Crypto’s Trends and Future
Tony Sheng, Independent Analyst: A Writer’s Take on Bitcoin Lore

The Flippening
Flippening is for cryptocurrency investors. Each week host Clay Collins discusses the cryptocurrency economy, new investment strategies for maximizing returns, and stories from the front lines of financial disruption. Flippening is for a new class of investors that were not part of the financial services world before bitcoin, but got into the finance because of their passion for cryptoassets, blockchain, altcoins, and distributed ledger technology.
Top Episodes:
Strategies for Accumulating BTC (Instead of USD) w/ Tuur Demeester from Adamant Capital
The Economics of Cryptoasset Markets w/ Professor Stephen McKeon
Bootstrapping A Crypto Nation State From Scratch, w/ Eric Meltzer of INBlockchain

The Chain Reaction Podcast
Host Tom Shaughnessy of Delphi Digital converses with the top names in crypto and blockchain.
Top Episodes:
ConsenSys’ Joe Lubin: Ethereum’s Competition Isn’t Even Close
Delphi Digital’s March Analyst Call — Ethereum, Enjin and Our Short Term Bitcoin Outlook
Vision Hill Group’s Scott Army: Digital Asset Management of the Future

a16z Podcast
The a16z Podcast discusses tech and culture trends, news, and the future — especially as ‘software eats the world’. It features industry experts, business leaders, and other interesting thinkers and voices from around the world. This podcast is produced by Andreessen Horowitz (aka “a16z”), a Silicon Valley-based venture capital firm.
Top Episodes:
What Time Is It? From Technical to Product to Sales CEO
Principles and Algorithms for Work and Life
Five Open Problems Toward Building a Blockchain Computer

Unconfirmed: Insights and Analysis From the Top Minds in Crypto
Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Disclosure: Laura is a nocoiner.
Top Episodes:
To the Moon and Back With Polychain’s Olaf Carlson-Wee
Don Wilson of DRW Holdings on What’s Been Driving 2018’s Crypto Downturn
Hu Liang of Omniex on What Institutional Players Are Planning to Do in Crypto

The Unhashed Podcast
Unhashed breaks down the latest in Bitcoin news and developments and puts them into terms everyone can understand. Expect to be both entertained and educated about cryptocurrencies and blockchain. How do hardware wallets work and do they really keep you safe? Which crypto exchanges pose the greatest risk to the bitcoin ecosystem? Does Litecoin help or hinder bitcoin development? Expect the answers to these and many other questions from the Unhashed professionals offering different perspectives to all the blockchain issues you care about!
Top Episodes:
The Very Rich, Very Patient Binance Hacker
Bitcoin Goes High Fidelity
Initiating Unhash

The Scoop
The Block’s team, led by Frank Chaparro, draw out the freshest and deepest insights about digital assets from traditional Wall Street, crypto native, Fortune 500 and many other crypto ecosystem leaders. It’s light, fun and informative brain food!
Top Episodes:
A Conversation with Mark Yusko, CEO and CIO of Morgan Creek Capital Management
A Conversation with Stephen Palley, Partner at Anderson Kill
A Conversation with Emilie Choi, VP Business and Data, Coinbase

Base Layer
Base Layer with host David Nage will be providing insights from founders and investors in the base layer of cryptoassets. Simplifying complex projects and the technology being developed, from interoperability to relayers and more — who is building the future, why are they and how are they doing it.
Top Episodes:
Base Layer Episode 028 — Zaki Manian (SkuChain, Cosmos, Tendermint)
Base Layer Episode 026 — Diogo Monica (Co — Founder, Anchorage)
Base Layer Episode 032 — Alexander Skidanov (NEAR)

Blockchain Innovation: Interviewing The Brightest Minds In Blockchain
Blockchain Innovation is where host Frederick Munawa interviews the brightest minds in Blockchain and cryptocurrency — entrepreneurs, executives, and top academics — to discuss present and future applications of Blockchain Technology. Why? To determine how Blockchain can be used to increase profits, cut costs, and disrupt traditional industries and business models — so you can borrow their strategies, tools, and tactics for your own success. Join Frederick every Tuesday to learn how the brightest minds in Blockchain are pushing the envelope with Initial Coin Offerings (ICOs) and token sales, public blockchains, private blockchains, Bitcoin, Ethereum, Hyperledger, smart contracts, and much more.
Top Episodes:
Why Bitcoin Should Hard Fork With Roger Ver
How Blockchain Assets Are Changing The World With Erik Voorhees
Blockchain Meets Artificial Intelligence with Dr. Ben Goertzel

Blockchain Insider
Blockchain Insider, hosted by Simon Taylor and Colin Platt is a dedicated podcast specializing in Bitcoin, Blockchain and distributed ledger technology (DLT). Simon and Colin break down the week’s news with expertise and enthusiasm for the blockchain and digital currency sector. Since the price of Bitcoin has rocketed, and Bitcoin, Ethereum and Litecoin have become household names, Blockchain Insider has charted their rise in a way that’s accessible to new listeners.
Top Episodes:
Ep. 42. Santander Makes Ripples and Charles Hoskinson Shares His Vision of Cardano
Ep. 27. XRP’s Ripple effect and Blockchain use cases
Ep. 43. Sexism in Crypto, Pornhub takes Verge, and Binance Denies the Dollar

Let’s Talk Crypto
Have you ever heard of digital currencies like bitcoin, ethereum, and buzzwords like blockchain, cryptocurrencies and mining? Don’t know what it all means or how to get started? Let’s Talk Crypto with Barry Moore and Tom Galeski breaks it all down in easy to understand terms and helps you “learn and earn” in the age of cryptocurrencies.
Top Episodes:
006: Altcoins
017: Fiat & Crypto
010: Proof of Work vs. Proof of Stake

Blockchain 2025
Blockchain is a technology that will disrupt nearly every industry. Host Matt Aaron and Blake Moore explore one industry in every episode. How will blockchain change art, music, or online advertising? What projects are already underway? Listen & find out.
Top Episodes:
Online Ads — Publishers and Advertisers vs. Centralized Platforms
Music Biz — Can Artists Have More Money + Freedom?
Crypto Debit Cards — A Bridge to the Future? TenX, Monaco, Comit

IBM Blockchain Pulse
Host and blockchain-evangelist Matt Hooper engages with the planet’s most dynamic blockchain thought-leaders, explorers and innovators to discover the countless new ways blockchain is leaping from theory to reality: From entertainment to identity, from payments to secure supply-chain transparency.
Top Episodes:
Making Cross-Border Payments Seamless — IBM Blockchain and Stellar’s Collaboration That is Bringing Commercial Payments to the Financial World
A Blockchain Origin Story and Enabling Complete Ownership With Blockchain
The Future of Protecting Your Wallet and Identity: Blockchain Identity and Digital Credentials, with Adam Gunther and Drummond Reed

Messari’s Unqualified Opinions
Unqualified Opinions is a podcast hosted by Messari’s CEO Ryan Selkis featuring candid, fast-paced interviews with crypto’s top builders and investors.
Top Episodes:
Bill Barhydt, CEO & Founder of Abra
Anthony Pompliano, Founder at Morgan Creek Digital
Unlock Protocol CEO Julien Genestoux
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Daily analysis of cryptocurrencies 20190916(Market index 38 — Fear state)

Daily analysis of cryptocurrencies 20190916(Market index 38 — Fear state)

https://preview.redd.it/zu5lr2quu4n31.png?width=960&format=png&auto=webp&s=4302e5b40ffcf437f4af30497b3ea4431c2e936d

Vitalik Buterin: Phase Zero Of Ethereum 2.0 Was Generally Finalized Ethereum co-founder Vitalik Buterin discussed developments across the wider Ethereum ecosystem in a Q&A at the Ethereal conference. Talking with Ejaaz Ahamadeen, lead token architect at Digital Assets, a part of the Brooklyn incubator ConsenSys, Buterin discussed the big gains made by privacy tools in recent weeks, the potential of decentralized finance (DeFi) and the roadmap of Ethereum 2.0. Focusing on phase zero, Ethereum 2.0’s first stage of development, he said everything was “finalized except for things that come up during the security audits. The clients are now talking to each other. The next step is to make sure they can maintain a public network at scale.” The process he was referring to, dubbed Eth2Beaucoup, involves seven Ethereum 2.0 clients (versions of the upcoming blockchain platform upgrade) linking up and running in sync with each other. It’s regarded as a significant milestone in this phase of Ethereum’s development.
Bitcoin ban may lead to massive brain drain in India The Indian government is considering criminalizing domestic cryptocurrency investments, and India is seeing signs of brain drain. The extreme stances reflected in Indian regulatory documents, whether or not they become national laws, have prompted local encryption companies to take preemptive measures to protect themselves. Many cryptocurrency companies have moved their companies out of India and chose to operate in a more open country. It is reported that Sidharth Sogani, CEO of blockchain research firm Crebaco Global Inc., predicts that if India finally bans the use of cryptocurrencies, India will lose about $12.9 billion.
Switzerland To Start Operating Next Month Two Licensed Banks For Cryptocurrency The Swiss Financial Market Supervisory Authority (FINMA) gave Seba and Sygnum the first licenses in provisional banking and securities licenses to officially let them offer regulated services like deposits, investing, lending and withdrawal using cryptocurrency to serve asset managers, regular banks, startups, and other financial institutions. Click ‘Read More’ for details.

Encrypted project calendar(September 16, 2019)

LINK/ChainLink: Chainlink (LINK) Oracle will host the Oracle Code One conference from September 16th to September 19th, at which it will announce the launch of 50 startups with Chainlink. MANA/Decentraland: The Decentraland (MANA) community will host the SDK hackathon on September 16. WABI/Tael: Tael (WABI) “Tael Insider” campaign will be held on the new project website on September 16.

Encrypted project calendar(September 17, 2019)

ZEN/Horizen: The official team of Horizen (ZEN) will hold a community gathering in Strasbourg, France on September 17th.

Encrypted project calendar(September 18, 2019)

OKB/OKB: OKB (OKB) On September 18th, OKEx will hold an institutional meeting in London to share the regulatory environment issues facing encryption organizations.

Encrypted project calendar(September 19, 2019)

NRG/Energi: Energi (NRG) Energi will launch a trading competition on the KuCoin platform on September 9th. By September 19th, 800 NRG will be presented to the top 470 participants. ADA/Cardano: The Cardano (ADA) project official will host the Wyoming hackathon from September 19th to 22nd. KIN/Kin: The Kin (KIN) project team will host a community gathering in Toronto on September 19. BTC/Bitcoin: The 2019 Open Core Summit will be held in San Francisco from September 19th to 20th. BSV/Bitcoin SV: The Bitcoin SV (BSV) BSV Eco Conference will be held in Hangzhou, China on September 19th. OKEX will jointly host the event as a strategic partner of BSV.

Encrypted project calendar(September 20, 2019)

NULS / NULS: The NULS 2.0 Beta hackathon will be held from September 20th to September 21st, 2019. AE/Aeternity: Aeternity (AE) will hold “Cosmos One” conference in Prague, Czech Republic on September 20th

Encrypted project calendar(September 21, 2019)

BTC/Bitcoin: The 6th FINWISE Global Summit Macau will be held from September 21st to 22nd. Distributed Financial Technology (DeFi) is the main topic of this conference. OKB/OKB: OKB (OKB) OKEx The Africa Cryptour series of talks in Kenya will take place on September 21 in Nairobi.

Encrypted project calendar(September 23, 2019)

BTC/Bitcoin: Bakkt, the digital asset platform led by ICE, the parent company of the New York Stock Exchange and the world’s second largest trading group, will launch a bitcoin physical delivery futures contract on September 23. EOS/EOS: EOS main network is expected to upgrade version 1.8 on September 23

Encrypted project calendar(September 24, 2019)

ENG/Enigma: Enigma (ENG) ENG main network token snapshot will end on September 24, the original start time is August 26.

Encrypted project calendar(September 26, 2019)

ADA/Cardano: The Cardano (ADA) Cardano community will host a party in Washington, DC on September 26.

Encrypted project calendar(September 27, 2019)

BTC/Bitcoin: Cripto Latin Fest will be held in Cordoba, Argentina from September 27th to 29th.

Encrypted project calendar(September 28, 2019)

ADA/Cardano: Cardano (ADA) Cardano (ADA) 2nd Anniversary, Cardinal Foundation, IOHK and EMURGO main members will participate in community celebrations in Plovdiv, Bulgaria on September 28.

Encrypted project calendar(September 29, 2019)

GAME/GameCredits: GameCredits (GAME) is expected to perform hard forks on September 29th at block height 2519999

Encrypted project calendar(September 30, 2019)

INS/Insolar: Insolar (INS) will be on September 30th ERD/Elrond: Elrond (ERD) will conduct main network test on September 30th NULS/NULS: The NULS team will plan to beta the ChainBOX in the third quarter.

Encrypted project calendar(October 01, 2019)

HT/Huobi Token: The financial base public link jointly created by Firecoin and Nervos is expected to be open source in October. RVN/Ravencoin: Ravencoin (RVN) Ravencoin will perform a hard fork on October 1. ADA/Cardano: Cardano (ADA) plans to hold technical consensus meeting in Amsterdam on October 1st XRC/Bitcoin Rhodium: Bitcoin Rhodium (XRC) will record account balance awards on October 1st PPC/Peercoin: Peercoin (PPC) will perform Peercoin v0.8 (code tang lang) hard fork on October 1st

Recently, bitcoin struggled to gain momentum above the $10,400 resistance area against the US Dollar. The last swing high was formed near $10,437 before the price started a downside correction. On the other hand, there was a solid upward move in Ethereum above the $185 and $186 resistance levels. At the outset, BTC price is trading well below the $10,400 resistance level.
The last swing low was near $10,270 and recently the price corrected higher. It broke the $10,320 and $10,350 levels, plus remained well above the 100 hourly simple moving average. Moreover, there was a break above the 50% Fib retracement level of the recent decline from the $10,437 high to $10,270 low. However, the upward move was capped by the $10,375 level.
It seems like the 61.8% Fib retracement level of the recent decline from the $10,437 high to $10,270 low is acting as a hurdles. More importantly, there is a breakout pattern forming with resistance near $10,400 on the hourly chart of the BTC/USD pair. If bitcoin breaks the trend line support near $10,300 and the 100 hourly SMA, there could be a downside extension. An immediate support is near the $10,250 level, below which the price could head towards $10,000.
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CryptoKitties Ran Wild on Ethereum First. Now Tether Is Clogging the Digital Ledger

The digital ledger behind the supposed better version of Bitcoin is running out of capacity.
That was the warning last week from Ethereum co-founder Vitalik Buterin, who noted that the cost of processing transactions done in the digital token Ether on the underlying blockchain may get too expensive for some users.
Ether’s network utilization has spiked into the 90% level, according to tracker Etherscan. As utilization increases, transactions costs could follow suit, possibly making potential corporate users hesitate to use Ethereum, Buterin said.
Almost two years ago, Ethereum was getting clogged up as the digital game CryptoKitties took off. Then thousands of initial coin offerings, which turned out to be mostly scams, took up space on the network. More recently, though, as a majority of the ICOs went bust, a new tenant is taking over Ethereum: The controversial coin known as Tether.
In the last 30 days, Tether paid computers which process transactions on Ethereum’s digital ledger $260,000 in fees, according to data researcher Ethgasstation. That’s about 17.5 times more than CryptoKitties and six times more than the world’s largest distributed exchange, IDEX.
Tether’s use has been growing, as more of the coin has been issued. Its market capitalization recently passed $4 billion, up from $2.7 billion a year ago, according to CoinMarketCap. And at least 40% of all Tether runs on the Ethereum network, John Griffin, a finance professor at University of Texas at Austin, estimated in July. Tether was used in 40% and 80% of all transactions on two of the world’s top crypto exchanges, Binance and Huobi, respectively, Coin Metrics said recently.
As Tether takes up more capacity, that leaves less for other developers. Ethereum was touted by enthusiasts when it was created as a better Bitcoin—one with extra features that would let people automate tasks and even set up so-called autonomous corporations, ones that run themselves via software. But most of the most popular so-called dapps—apps designed for such networks—currently run on competing digital ledgers, according to tracker DappRadar.
Some developers are staying away from Ethereum for now, waiting for it to tweak its technology to increase network capacity, said Jeff Dorman, chief investment officer at Arca, a Los Angeles-based asset manager that invests in cryptocurrencies and other digital tokens.
“So the biggest implication today is simply that developers may be incentivized to wait until this transition happens before fully committing to build on Ethereum,” Dorman said. “Tether isn’t helping.”
Ethereum is still working to figure out how to get to its ambitious vision of Ethereum 2.0—requiring a major overhaul of its technology that some worry may not even work.
While Ethereum currently employs computers called miners to verify transactions—a setup Bitcoin uses as well—it’s moving to so-called staking, a completely different way of verifying transactions. Techniques such as sharding, in which certain groups of computers keeping track of only certain transactions versus all transactions on the network—should help as well. But this technological transition “is not a guarantee and is still on the horizon,” Dorman said.
“The Ethereum blockchain has been ‘almost full for years,”’ Buterin said in an email to Bloomberg. “I think it’s still good to develop apps, but anything substantial should be developed with scalability techniques in mind, so that it can survive higher transaction fees that would come with further growing demand for Ethereum. In the longer term, Ethereum 2.0’s sharding will of course fix these issues.”
The number of Ethereum transactions is actually down from their peak in January 2018, according to Etherscan. Average Ethereum transaction fees are still many times lower than Bitcoin’s, but they’ve been volatile, according to BitInfoCharts.
Tether was introduced in 2015 as a way to provide liquidity to exchanges because lingering concerns about illegal uses have made it difficult for them to secure banking services. New York’s attorney general in April accused the companies behind Tether of engaging in a cover-up to hide losses and co-mingling client and corporate funds.

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