Day: October 15, 2017

Is China going to issue its own digital currency? Recent government-sponsored conference leads to questions, few answers.

The current explosion of Blockchain is making systems more efficient, cutting out middlemen and saving vast amounts of money.

Bitcoin Booms in Evolving Markets as First World Countries Start Regulating Cryptocurrency.

More and more, savvy investors are seeking to diversify retirement funds into nontraditional assets. It’s natural then, that many are considering cryptocurrency. With a potential for tremendous appreciation, it can make sense to invest in cryptocurrency through an IRA so that those gains will escape taxation.

As SmartOne, the legal services marketplace for the crypto community, prepares for the launch of the LEGAL token on October 20th, it has teamed up with white hat hacking team, Hacken, smart contracts specialist, Toni Caradonna and Blockchain consultants, Agavon, to strengthen its team before launch.

Security first

Confirmation of a new partnership with Hacken, the white hat cryptocurrency hacker ecosystem, was received earlier this week as SmartOne works to ensure its legal services marketplace is protected with the highest levels of security.

“Security of the SmartOne ecosystem is our highest priority and so we’ve asked Hacken to provide us with security auditing services that will ensure LEGAL token holders can use the SmartOne marketplace safely and securely,” said Patrick Salm, co-founder of SmartOne.

“Similarly to SmartOne’s role in the legal sector, Hacken is a pioneer in blockchain-based services, being the world’s first decentralised token for cybersecurity professionals. The team’s expertise in distributed ledger technology security makes them ideal partners, who will give confidence and reassurance to our users and holders of LEGAL tokens.”

Dmytro Budorin, co-founder and CFO of Hacken, said “Hacken’s mission is to make the world a safer place by empowering the white hat hacker community with an ecosystem that is based on the principles of legality and fair share.

“This is why we’re delighted to launch a partnership with SmartOne and have even more opportunities to test our community with real-life challenges.”

Smart contract integrity

LEGAL is an ethereum-based token that uses smart contracts to enable holders to buy legal services via the SmartOne marketplace. The quality and integrity of those contracts is vital to the project’s success and with new adviser, Toni Caradonna on board, the SmartOne team has gained the services of one of the world’s leading smart contract experts.

“Toni is an amazingly talented person,” said Patrick Salm. “Not only is he an expert in smart contract technology, having worked with UNICEF on Ethereum-based smart contracts but he is also a blockchain consultant for slavefreetrade.org and a Blockchain pioneer, who produced the world’s first ethereum-funded movie, ‘The Pitts Family Circus’.”

“We’ve brought Toni on board to work with us on the development of the LEGAL token’s smart contracts. The quality of these contracts will be fundamental to the success of SmartOne and the LEGAL token.

“Knowing that Toni is advising our development team will go a long way to providing prospective LEGAL token holders with the confidence they need to take part in the launch event and to begin buying and selling legal services on the SmartOne marketplace.”

Blockchain expertise

Further Blockchain expertise has been gained through a new partnership with DLT consultants, Agavon, founded by globally renowned Blockchain expert, Travin Keith.

“Agavon provides consulting services to companies in the early stage of research into using Blockchain or other distributed ledger technologies,” said Patrick Salm.  “Agavon will also be advising us with LEGAL, ensuring it delivers the most efficient means of access to legal services.

“These three new partnerships complement the existing ones we have with Skuani, creators of a legal services marketplace and NextLex, Switzerland’s first legal firm dedicated to the the crypto community.

“We are already a long way down the road to concluding negotiations for further partnerships that will ensure we have an incredibly strong team supporting the token’s launch and future development.”

About SmartOne

SmartOne aims to bring the disruptive capabilities of blockchain-based enterprise to the legal sector by creating a means of access to legal services for the crypto community.

Access to these services will be gained through ownership of blockchain-based LEGAL tokens that will initially be issued through a Token Generating Event (TGE) taking place on October 20th.

SmartOne’s services include a marketplace for legal advice, automated document preparation and individual legal consulting. Our focus is on providing legal solutions for enterprises issuing tokens through TGEs, as well as the automation of documents and contracts for the financial and capital markets.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Flyp.me, the instant accountless exchange, has launched with 14 cryptocurrencies and shares 50% of the profits with token owners. The exchange is fully working, no need for any registration, email or ID verification: only the user’s crypto address.

Flyp.me is now running its ICO to fund the dev roadmap which includes R&D for 2nd layer solutions, the integration of decentralized asset platforms and cryptographic auditing.

You can now get Flyp.me Tokens (FYP) at Flyp.me with +10% bonus. FYP Tokens give token owners benefits including 50% share of the profits generated by the exchange, the ability to propose new features and coin additions, vote for key decisions and audit volumes.

Flyp.me is easy to use, fast, private and secure. It doesn’t hold users’ funds nor the private keys. It sends the amount exchanged back to the user as soon as the user’s transaction is confirmed on the blockchain. This is because Flyp.me keeps its own reserve funds for each cryptocurrency and token supported.

You can join the ICO with BTC, ETH, LTC, ZEC, DASH, PIVX, FAIR, GAME, DCR, SYS, PPC, DOGE, BLK, GRC.

Every three months, Flyp.me will distribute 50% of the profits to FYP Token owners in proportion to their ownership of tokens. Following the first two payouts, the timing of the payout will be voted by the FYP Token owners in line with Flyp.me’s commitment to distributed policy-making.

Flyp.me wants to rebalance the power between users of an exchange and the exchange itself and promote decentralization in the crypto ecosystem.

Flyp.me has also released its permissionless API that enables businesses and developers anywhere to accept payments in 14 cryptocurrencies. The API will contribute to increasing volumes and profits.

Francesco Simonetti, Flyp.me CEO says “Flyp.me is designed for anyone who wants to exchange crypto instantly. We only ask the address where you want your exchanged crypto to be received. It is as simple as that.

We are excited to accelerate our development roadmap following the ICO.”

The Flyp.me exchange is built and managed by the HolyTransaction team, one of the first web wallets to support Ethereum, the first multi-currency web wallet and the oldest still active.

Learn more about Flyp.me at – https://www.flyp.me

Flyp.me Exchange – https://www.flyp.me/exchange

Flyp.me FAQs – https://www.flyp.me/faq

Telegram – https://t.me/flypme

Twitter – https://twitter.com/flyp_me

Steemit – https://steemit.com/@flypme/

Reddit – https://www.reddit.com/r/flypme/

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

A few weeks ago, the cryptocurrency community learned that the R3 consortium was suing Ripple over a business deal gone awry. Although a lot of people weren’t too bothered by this development, it turns out Ripple eventually prevailed in the lawsuit. The case in question has been thrown out by a Delaware judge.

R3 Loses Ripple Lawsuit

No one can deny the outcome of the R3-Ripple lawsuit was known well in advance. Although the consortium provided some solid evidence to back up their claim that Ripple had tried to back out of an earlier business deal, there was no real reason to think R3 would be successful in this legal battle. Late last night, Ripple CEO Brad Garlinghouse confirmed as much, stating that the Delaware judge presiding over the case had thrown the case out entirely.

Although a lot of specifics remain hard to come by as to why this was the case, the positive news should not be overlooked. About a month ago, R3 filed its original lawsuit, which was promptly countered by Ripple in the form of a counter-suit. Ripple had evidence to prove R3 failed to deliver on their partnership and violated the agreement created between both entities about a year prior. It is evident this falling out between both companies has caused a lot of unnecessary friction in the process.

BREAKING NEWS: @Ripple has prevailed in lawsuit brought by @inside_r3 ! Delaware judge has just ruled and thrown out case against Ripple.

— Brad Garlinghouse (@bgarlinghouse) October 13, 2017

The big question is how things will evolve from here on out. It is unlikely both companies will ever work together again due to this lawsuit having taken place. It’s an interesting development regardless, considering that R3 was supposed to promote Ripple under the terms of the agreement. Additionally, Ripple was supposed to let R3 purchase a large amount of XRP at a very low price. It seems the consortium will need to do so at a much higher price if it still wishes to do so.

Moreover, this case highlights the fact that going for a lawsuit is not necessarily the best course of action in the world of blockchain and cryptocurrency. In fact, such legal action often has less of a desired effect than either party would like. R3 never got what it felt entitled to, whereas Ripple had to spend a lot of time and effort fighting a legal battle it would win in the end. No one came out for the better due to this court case; that much is rather evident.

At the same time, this news comes during a rather troublesome period for the R3 consortium. Although the team successfully launched its Corda project to the public, it also lost some key members in recent weeks. Losing this lawsuit is not necessarily the outcome the consortium had hoped for; that much is certain. Then again, it is doubtful they will lose any sleep over this development either.

In the end, this lawsuit will be nothing but a footnote in the history of blockchain and cryptocurrency. As is the case with most of these cases, the end result doesn’t surprise too many people, and it will not be a subject of conversation for much longer. Both Ripple and R3 can still succeed in their own respective ventures despite this unfortunate development. An interesting future lies ahead for both organizations; that much is certain.

Contrary to what some people expect, there are physical locations accepting Bitcoin Cash. While the list is pretty small right now, it shows the potential for BCH. Surprisingly, two of the locations are based in Japan, whereas the third is in the US. All locations are related to food, which is pretty convenient for BCH … Continue reading Various Restaurants Around the World now Accept Bitcoin Cash

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Today it becomes more and more difficult to get cryptocurrency independently in home conditions. First the system complexity increases, and secondly the mining equipment creates a set of problems and discomfort. And also it requires your constant attention. The third thing is video cards costing enormous money, and it’s necessary to wait for their delivery often for several months.

So it becomes already almost impossible to miner independently at home and to make profit. The TerraMiner suggests you to start spending more spare time for your needs and to gain income in cryptocurrency at the same time. They offer an opportunity to become the co-owner of the large-scale cryptocurrency farm with a power of 3 Th/s, profit of which capacities will be shared between all investors.

ABOUT THE PROJECT

The TerraMiner opens for everybody an opportunity to get cryptocurrency without leaving the house. TRM Tokens are an excellent option for those who are tired to work only for the socket and to feel discomfort from home mining. With help of the TerraMiner you will be able to pass from miners to cryptoinvestors and to get stable profit with no need to have a bulky equipment at home and furthermore to constantly look after it. Besides, before ICO ending you can get your part of the equipment at 66% discount. It will allow to pay expenses back much faster.

We think that now only farms located in close proximity to the equipment suppliers and in territories with the cheapest electric power will be able to create a sufficient potential for high profitability. For this reason we plan to construct the large-scale farm on the Scrypt algorithm for cryptocurrency production in China where one kW/hour costs only $0.05. Total farm power on end of all ICO stages will be 3 Th/s.

At the heart of the mining equipment there are A4+ chips which in complete with PCI-E boards will give total power of 4.0Mh/s each instead of standard 1.6Mh/s. As the cooling system we will apply dry water type. Unlike traditional air one, it allows to cool the overclock miner that yields the results 60-80% higher. The equipment production, assembly and testing will be carried out with involvement of our Chinese partners – the INNOSILICON and J$W companies.

According to the plan, 20% of the farm power will be launched in November, 2017. Another 70% we prepare for launch in December, 2017 and then also the exchange release is planned. Remained capacities will be connected to work in January, 2018.

Why to choose this ICO for investing in?

The cryptocurrency farm creation is not a new project for us. At the moment, we have own the Altcoins farm which course grows every month. In the TerraMiner we have considered all previous both positive and negative experience. For this reason all technological capacities of the TerraMiner will be located in the territory of China in the Shaoguan city in a free economic zone. Such farm location will allow to cut down as much as possible all operating expenses according to maintenance and to make repair and replacement of all equipment units fast.

Here some of the most good reasons why you should join the TerraMiner:

• Getting the TerraMiner tokens you buy production capacities of the real equipment at a discount. Everyone will get the amount of workers capacity accoring to the tokens acquired.
• Use of the Scrypt algorithm will allow to get the fastest payback;
• Every day you can get profit and track non-stop;
• Short payback period: in comparison with a house mining – three times faster, and with cloud one – twice.
• We undertake all expenses on the equipment maintenance and electric power.
• Lack of inflation. On the ICO and POST-ICO ending tokens release won’t be carried out;
• After the beginning of the equipment operation tokens can be sold any time at the price of $8.4, but it will end your participation in the profit receiving;
• Payment of the first dividends in 2 months;
• You can personally visit the TerraMiner farm in October, 2017 and observe personally the construction proccess.

ICO DETAILS

ICO map:

The tokens release will begin on September 1, 2017:

Pre-ICO – tokens grant the right for a part of the farm equipment at 66% discount. The price of each one will be $2.8. Start date – on September 1, 2017, finish date – on October 1, 2017.

ICO – tokens can be bought at 40% discount. The price of each one will be $5. Start date – on October 1, 2017, finish date – on November 1, 2017.

POST-ICO – the price of each token will be $8.4. Start date – on November 1, 2017, finish date – on December 1, 2017.

You will gain monthly mining income for each TRM token you’ve bought. The dividends payment will begin in 2 months after ICO start. TRM tokens will be traded at the EtherDelta exchange.

General tokens distribution:

99% tokens are distributed between investors

1% tokens are spent on the bounty campaign maintenance

For the bounty campaign tokens are distributed as follows:

1. Facebook   —  10%
2. Twitter   —  20%
3. BitcoinTalk Signature Campaign   —  25%
4. BitcoinTalk Translation Campaign   —   10%
5. Blogging Campaign   —   35%

Link on Whitepaper – http://terraminer.io/en/TerraMiner_ICO_White_Paper.pdf

About the team

In the TerraMiner team the following participants are joined:

Pavel Kuznetsov is the founder and the CEO. Specializes in the business projects development and modern business management.

Ruslan Sharamet is programmer-engineer, the equipment developer.

Kayda Igor Grigoryevich is the chief hardware programmer, software for mining farm joint developer. Was the software developer for the most part of his life .

Stanislav Shamenko is IT specialist, the programmer.

Ivan Melikhov is a specialist in marketing communications, the blockchain enthusiast, the cryptoinvestor. Foreign trade specialist.

Denis Novakovsky is marketing director. Specializes in educational projects.

Contact information

Social media:

Telegram – https://t.me/terraminer_online_en

BitcoinTalk – https://bitcointalk.org/index.php?topic=2174329.msg21801195#msg21801195

Twitter – https://twitter.com/terraminer_ico

Facebook – https://www.facebook.com/terraminer

Instagram – https://www.instagram.com/terraminer.online

E-mail: [email protected]

Projects pros and cons:

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Throughout the past week, the Bitcoin price has surged from around $4,500 to $5,920, demonstrating a $1,420 increase in value within a relatively short period of time. Since October 14, the price of Bitcoin has endured a minor correction, declining from $5,920 to $5,500. But, Bitcoin Core developer Eric Lombrozo emphasized the resilience of Bitcoin … Continue reading Bitcoin Price Continues to Rise, Demonstrating Resilience as Core Developer Explains

The post Bitcoin Price Continues to Rise, Demonstrating Resilience as Core Developer Explains appeared first on NEWSBTC.

The Alpha release of NakamotoX, a next-generation bitcoin, and digital asset trading platform, has been announced. Once the release is launched, the company will start inviting users to test its features and capabilities. The company, based in the Czech Republic, has been extensively working on blockchain and cryptocurrencies, their mining and system design, since 2012. … Continue reading NakamotoX, The Next Generation Digital Asset Trading Platform, Announce Alpha Release

The post NakamotoX, The Next Generation Digital Asset Trading Platform, Announce Alpha Release appeared first on NEWSBTC.