Day: October 18, 2017

Canada’s central bank is gearing up for the next phase of its “Project Jasper” blockchain research initiative, according to a new announcement.

Much has been written about ICO legality from a US securities law standpoint — but that often neglects the fact that ICOs are truly global and every country has its own set of rules. Across the EU, securities laws are increasingly standardised these days as a result of EU Directives implemented into each member state’s local legal system.

Who will be the first Blockchain project to tap into the $50 billion gaming assets market?

Moscow ICO Conference takes place first time in Moscow on November 7, 2017. Organizers are well-known Team, who created Moscow Affiliate Conference & Party , where we gathered 1500+ TOP affiliates and famous companies over the world, more than 50 countries in one place! This autumn we attract key players from cryptocurrency industry. In heart of Moscow, … Continue reading Moscow ICO Conference to Be Held on November 7, 2017

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San Francisco, CA – October 18, 2017 – Pareto, the platform that will allow anyone to create & distribute actionable financial information about digital currencies, and get rewarded for it, announced the launch of their upcoming Token Sale with the first phase, Presale, which will begin on October 30th. Pareto’s whitelist is now open for … Continue reading Pareto: The Peer to Peer Financial Content Marketplace Announces Token Sale

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Australia is moving ahead with plans to pass new regulations for the country’s cryptocurrency exchange space.

There is never a boring day in the world of artificial intelligence and machine learning. Google is clearly one of the companies leading the charge in this research field right now. However, even its creations may be evolving too quickly right now. It seems an AI developed in-house has successfully cloned itself and turned out to be far more competent than the human-engineered version. It’s a very interesting yet worrisome turn of events.

Google’s AI Outdoes Human Engineers

It is only normal that human-created artificial intelligence will only have a certain degree of “smartness”. After all, they are often modeled in our own image, which means an artificial intelligence can’t know everything. It is more than capable of learning as it goes, though, which is both an appealing and a troublesome trait, to say the very least. No one expects an AI to outsmart humans anytime soon, but the reality may prove to be very different in this regard.

Based on Google’s recent AutoML venture, that future may only be a few years from now. This project is designed in such a way that it can create other AIs and replicate itself. In theory, this should improve the versatility and knowledge of “future offspring” of AIs. The results were quite astonishing and quickly surpassed even the engineers’ wildest expectations, according to the IBTimes.

More specifically, the clone created by AutoML turned out to be a big success. Not only was it a clone of the original, but it also was a lot smarter. Considering that the clone outwitted its “parent”, this method of developing new artificial intelligence will be pretty interesting to keep an eye on moving forward. In fact, the offspring was faster, more efficient, and far more powerful than anything human engineers had ever cobbled together before.

To put this into perspective, the Google engineers created a test to see how well both AutoML and its offspring would behave. AutoML achieved 82% accuracy on a photographic test, which is pretty impressive. However, the AI was also asked to identify the placement of objects within every photograph. AutoML scored a 39% on this test, whereas its clone quickly improved to 43%. Given enough time, that number could easily surpass the 50% mark, by the looks of things.

Although this difference may seem minor to the untrained eye, the Google engineers were greatly impressed. After all, Google can’t build the next generation of artificial intelligence itself. However, the company’s own AI is already capable of improving its own codebase and algorithms without third-party intervention. Imagine what could be achieved when hundreds of thousands of developers put together powerful AIs and let them replicate.

Considering how AutoML is built from the ground up, it will be interesting to see what other tests Google has planned. It is evident AIs are more than capable of handling most programming work themselves right now, but they still need a “human hand” to fine-tune things. Eventually, that requirement may be removed as well, although it will take a few more years, if not decades until that actually happens.

With a number of projects already having made strides to tokenize the advertising space, it was only a matter of time before the social media influencer market received interest from the cryptocurrency space. The newest entrant to this space is indaHash, an established company that broker deals between brands and influencers. Lead by CEO Barbara Soltysinska, the team is taking their pre-existing business and integrating a new token, indaHash Coin.

Disclosure: This is a Sponsored Article

At present, influencer marketing is one of the most dynamic and fastest growing advertisement segments, with a total market projection of 5-10 billion USD in revenues by the end of 2020.  indaHash is the biggest player in this field, and are currently connecting more than 300,000 influences from 70 markets with over half of the companies in the Fortune 500 already signed on as clients. indaHash intends to enable influencers to effectively enhance management for brand relationships, with their goal being to become the world’s standard currency for settling all influencer activities, letting influencers have their own tokens to build their relationships and bring their fan base to a high level of engagement.

indaHash coins are intended to circulate between three groups; brands, influencers, and audience. The chain starts when brands use the coin to pay for marketing campaigns with influencers. After receiving the coin they can exchange it for other brands products at a discount for early access. Influencers can also create their own tokens which take advantage of gamification effects to increase audience engagement. The audience can then use the tokens they have collected to exchange them for exclusive actions prepared by influences for their communities. For example, this could consist of customised prizes signed by influencers private meetings or social meet-ups.  Of course, the team intends to get the tokens onto an exchange, making them transferable for other cryptocurrencies.

The company currently employs over 130 people in 7 countries and has gained a substantial reputation in the 2 years that it has operated, winning many industry awards in the process. Since it’s inception in Q1 2016, the company has grown sales by 300%, as well as amassing a large contingent of influencers on the platform.

The team has cleary given a great deal of thought to the underlying economics of the token, as they have created a system for the circulation of coins throughout the various participants in the influencer economy. Thus far, the company has been limited geographically because of transaction friction created by current payment mechanisms. By creating a boundless means of payment for all their influencers globally, they will ultimately allow influencers in more countries around the world to cooperate with indaHash and make money from their interests and passions.

indaHash coin will be released as an ERC20 compatible token, but the team is looking at the various scalable contract frameworks available, including EOS, Tezos, and Raiden. Their Pre-ICO will begin on November 8th, running for 7 days, with 80% of all indaHash Coins available. The tokens will have a maximum supply of 400 million IDH, and no new coins will ever be created.

Given the strength of their team, and their significant experience with the influencer market, indaHash is poised to change the way that brands, influencers, and audiences connect and interact.

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.

In our constant lookout for the most interesting blockchain projects, we have come across many. Their ability to spot the drawbacks of traditional methods and provide efficient and cheaper solutions makes them unique. XinFin is one such project that caught our eye in the middle of a regular day. After going through their elaborately written … Continue reading XinFin CTO Karan Bhardwaj Discusses Their Upcoming Blockchain Trade and Finance Platform

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Just a few days ahead of the scheduled hard fork, Bitcoin Gold has finally received an updated website. On the surface, it looks a lot more professional, even though the use cases for this altcoin remain unclear. Additionally, there is no indication as to who will support BTG in the first place. Now is a good time to go over some of the specifics on Bitcoin Gold as outlined by its team.

Bitcoin Gold Updates Don’t Clarify Much

As most people would have expected, the information found on the updated Bitcoin Gold website still does not explain all that much. In fact, it does little more than confirm most of the information people have cobbled together to this point. It uses a new proof-of-work algorithm known as Equihash, and the goal is to issue a total of 21 million BTG when everything’s said and done.

What is rather interesting is how there will be a difficulty adjustment for every block. This is quite different from Bitcoin or any of the other existing or upcoming hard forks. More specifically, Bitcoin’s difficulty adjusts every two weeks, as will the SegWit2x fork. Bitcoin Cash has an EDA which makes things pretty interesting, although it doesn’t attribute a lot of value to the currency itself for the time being. It will be interesting to see whether miners try to game the BTG algorithm in this regard.

Additionally, it seems Bitcoin Gold developers have finally implemented proper replay protection. They are still ahead of SegWit2x in this regard, as that particular chain still has no replay protection whatsoever. Then again, it remains to be seen if people will even be interested in Bitcoin Gold, considering there are no mining pools or exchanges supporting this airdrop right now. That situation will not change overnight either, but there are still eight days to go before the hard fork occurs.

On the new website, there is mention of how users can obtain Bitcoin Gold. Unsurprisingly, the information doesn’t help anyone by any means. We know there will be a rate of 1:1 relative to BTC held in user wallets at the time of the fork. However, there is no information as to how users can actually obtain or claim their balances in this regard. The team is allegedly working on guides to retrieving BTG from Electrum, Mycelium, and hardware wallets, though.

Moreover, we now have a clear understanding of which people are on the Bitcoin Gold team. None of the names are out of the ordinary in this regard, as it seems most of them are unknown individuals who simply claim they can create a better Bitcoin. While Jack Liao is the CEO of LightningAsic, that doesn’t necessarily mean this currency can be trusted either. For now, it seems to be more of a money grab than anything else, especially given the lack of support by service providers and wallets.

In the end, it remains to be seen how things will play out for Bitcoin Gold. No one has high hopes for this project right now, which is only understandable. Based on the current information, there will be a major BTG premine and no way to effectively distribute the coins. There isn’t even an official Bitcoin Gold wallet, for crying out loud. This project does not instill any confidence whatsoever; that much is rather evident.

A conference held by distributed ledger startup Ripple appears to have had a positive impact on the price of its cryptocurrency.

Have you ever wondered how Blockchain DApps communicate with the outside world? Now you can find out!