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“Official” Bitcoin Twitter Account Deems Bitcoin Cash to be the Superior Version

TheMerkle Bitcoin vs Bitcoin CashIt seems the ongoing spat between Bitcoin and Bitcoin Cash supporters will not be going away anytime soon. Although we saw a fair amount of mudslinging in 2017, things will only get more heated moving forward. On Twitter, @Bitcoin has posted an interesting comparison of both currencies. It is evident there is a lot of truth to this infographic, although there are sure to be some points of debate. Bitcoin has a Fair few Issues While most people still think Bitcoin is the greatest cryptocurrency in the world, we can’t afford to ignore some of its problems, especially since those problems have been present for quite

TheMerkle Bitcoin vs Bitcoin Cash

It seems the ongoing spat between Bitcoin and Bitcoin Cash supporters will not be going away anytime soon. Although we saw a fair amount of mudslinging in 2017, things will only get more heated moving forward. On Twitter, @Bitcoin has posted an interesting comparison of both currencies. It is evident there is a lot of truth to this infographic, although there are sure to be some points of debate.

Bitcoin has a Fair few Issues

While most people still think Bitcoin is the greatest cryptocurrency in the world, we can’t afford to ignore some of its problems, especially since those problems have been present for quite some time now. Ever since the activation of SegWit on the Bitcoin network, not much has changed in terms of transaction fees and delays. This is mainly due to service providers struggling to integrate this code properly.

Whether or not that is a fundamental problem will always be subject to debate. Slowly but surely, more and more services will enable SegWit by default, but there is still a very long way to go. Until a majority of transactions are SegWit transactions, Bitcoin’s scaling problems will remain a topic of controversy. It’s also one of the ways in which some Bitcoin Cash supporters like to make fun of Bitcoin users.

The new infographic posted by @Bitcoin on Twitter will only add more fuel to the fire. Although there is – technically speaking – nothing wrong with the information provided, people will take offense to the line referring to Bitcoin as not being a digital currency. One could argue Bitcoin has become more of a store of value compared to an actual currency. At the same time, Bitcoin’s network still has more than sufficient transactions to be considered a currency first and foremost. It’s an interesting point of contention, to say the very least.

The same infographic also shows how Bitcoin Cash is superior to Bitcoin in many ways. Again, this is something people will have vastly different opinions about, although it’s hard to argue with some points from a technical point of view. Bitcoin simply has higher-than-normal transaction fees right now, its network confirmations are somewhat unreliable, and the coding aspect may not be as decentralized or permissionless as people would like. At the same time, this goes for pretty much all cryptocurrencies, and one could make similar arguments about Bitcoin Cash.

How all of these comparisons will work out in the long run has yet to be determined. From a pure price perspective, Bitcoin is still superior to Bitcoin Cash in every way. However, the market cap and price of a currency are not the only things giving it value. They are the two statistics which most people pay attention to, but they never tell the entire story. There’s a lot more to both Bitcoin and Bitcoin Cash than either the technical side of things or their value as perceived by market makers and speculators.

In the end, these discussions will not cause any paradigm shifts. Bitcoin is still the original creation of Satoshi Nakamoto, even though some people may not agree with some of the introduced upgrades and changes in the code. Bitcoin Cash is, for all intents and purposes, an altcoin and will always be labeled as such until and unless it overtakes Bitcoin. When and if that will happen is anybody’s guess right now. Rest assured Bitcoin is far from a perfect currency, but Bitcoin Cash may not necessarily have all the answers either.

Patriot Mall: When Real Estate Meets Cryptocurrency Investments

Learn how a Russian crypto developer is heralding a pioneering local project. Many exciting new blockchain projects are surfacing throughout the world, due to this market gaining momentum on a global scale. Russian developer Crypto Patriot, for instance, is collecting funds to build “Patriot Mall,” a trade and entertainment mall in Tyumen. This endeavor is … Continue reading Patriot Mall: When Real Estate Meets Cryptocurrency Investments

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Learn how a Russian crypto developer is heralding a pioneering local project.

Many exciting new blockchain projects are surfacing throughout the world, due to this market gaining momentum on a global scale.

Russian developer Crypto Patriot, for instance, is collecting funds to build “Patriot Mall,” a trade and entertainment mall in Tyumen.

This endeavor is especially unique because it is not purely digital, but it relates to developments in the physical work, spanning different industries such as real estate, commerce and more.

The Crypto Patriot team plans to construct the aforementioned mall with the help of investors, who would fund the project by acquiring PPMT tokens and touch dividends from the lease of shopping space or by selling their tokens on crypto exchanges.

Patriot Mall will become the first project of its kind in the Eastern Administrative District of Tyumen, which has never had a trading facility hosting shops of different sectors. For this reason, the team is confident that the project will draw a notable fraction of buyers, as well as leaseholders.

The physical space the mall will occupy amounts to 35,194.3 square meters. The project creators concluded partnerships with most potential leaseholders. The ground floor of the mall building will host a farmers’ market, and the organizers have signed an agreement with local agricultural companies. The company sponsoring the project has already invested $5 million, but to finish the construction works, it plans to issue internal tokens and use the ICO to collect 9,450 ETH tokens. The founders of the project aim for the mall to become functional a year after raising the necessary funds. As for the first dividends, investors will be able to receive them as early as three months following the inauguration of the shopping mall.

The most vital component of the Crypto Patriot initiative is the introduction of the Patriot Project Mall Tokens (PPMT). These tokens will be linked to the total leasable area of the mall: every PPMT will amount to 0.01 square meters. Token holders will retain the rights to their allotted part of the leasable area and will receive dividends from the lease.

The originators of the project assert that the investment model is hybrid, being a blend of stock investment and real estate financing).

The tokens will be dispensed one time only, through the Ethereum cryptocurrency platform, with a total of 1,5 mln tokens.

99.5% of such tokens will be distributed during the crowdfunding process, while 0.5% will serve bounty programs. A single Ethereum token will be exchangeable for 140 PPMT, with a system of bonuses related to the acquisition of tokens in place since the pre-sale, which started on December 15th, 2017.

Find out more:

https://crypto-patriot.io

Our social networks:

Instagram: https://www.instagram.com/
Twitter: https://twitter.com/MallPatriot
Telegram: https://t.me/patriotmallofficial

For more information (editorial inquires), please contact WeRaise team at [email protected]

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Bitcoin Atom Wants to Make Cryptocurrency Transfers Truly Peer-to-Peer

Satoshi Nakamoto’s Bitcoin white paper envisioned the use of an electronic money that would be “purely peer-to-peer.” This means no third parties would be involved in any way–online payments would go directly from one party to another without any interference. Though this is how Bitcoin and other cryptocurrencies were designed, for the most part, this … Continue reading Bitcoin Atom Wants to Make Cryptocurrency Transfers Truly Peer-to-Peer

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Satoshi Nakamoto’s Bitcoin white paper envisioned the use of an electronic money that would be “purely peer-to-peer.” This means no third parties would be involved in any way–online payments would go directly from one party to another without any interference. Though this is how Bitcoin and other cryptocurrencies were designed, for the most part, this isn’t how they’re exchanged.

This is because a large number of cryptocurrency transactions go through exchanges like Bitfinix, Bithumb, and Bittrex. Alone, these three exchanges account for over $12 billion in 24-hour trading volume. The rise in the value of many cryptocurrencies has seen a surge in trading volumes over the past couple of months, with one major drawback–exchanges are becoming increasingly more centralized and increasingly more powerful. The cryptocurrency community, of all people, should be wary of the dangers of centralization.

One project, Bitcoin Atom (BCA), is working on a network that will allow users to exchange digital assets in a truly decentralized manner.

The platform will use atomic swaps (AS) and integrated hash time-locked contracts (HTLCs) to give users freedom from any intermediaries or centralized bodies like exchanges. The BCA network allows parties to interact and transact directly–the original purpose of cryptocurrencies and decentralized blockchains.

Exchanges like OKEx, and Coinomi already agreed to verify and make BCA tradable when the fork occurs in January.

How Do Atomic Swaps and HTLCs Work?

Atomic swaps permit two users operating on different blockchains to directly exchange cryptocurrencies through a completely trustless process. Both parties agree to the terms before the transactions–for example, fifty Litecoins for one Bitcoin–and use their private keys to sign a copy of the transaction. Once the signatures are in place, the exchange happens immediately.

Atomic swaps use hash time-locked contracts (HTLCs) that require the two entities to fulfill the trade’s requirements. HTLCs mandate that the parties independently generate cryptographic proofs of payment to confirm reception of the exchanged funds in a given amount of time. If either party can’t confirm the transaction in the stated time frame, the coins are returned to the original sender. Thus, atomic swaps and HTLCs allow users to transact directly without the need of any middlemen.

The Bitcoin Atom Network and the Benefit of Direct Peer-to-Peer Transactions

At its core, Bitcoin Atom is a SegWit enabled Bitcoin fork. Their goal is to use HTLCs to enable users to exchange cryptocurrencies via on-chain atomic swaps. The team plans to integrate cross-chain trading utilities and an atomic swap API into Bitcoin’s core software and fork it into the BCA blockchain.

The result is that BCA blockchain users can transact directly with one another without the need for a standard cryptocurrency exchange. All users have to do to initiate a transaction is open their Bitcoin Atom node and place a buy or sell order. Once an agreement with another party is made, the HTLCs will ensure that the transaction goes through quickly and securely.

By eliminating the need for third-party cryptocurrency exchanges, Bitcoin Atom will greatly lower transaction costs for both parties. Many cryptocurrency exchanges charge fees for every transaction, in addition to fees for bank deposits and withdrawals. This means more money is the pockets of exchanges and less money for individuals. The widespread use of cryptocurrency exchanges has replaced one centralized authority–banks–with another centralized authority–cryptocurrency exchanges. The end result is exactly the same.

Additionally, users don’t have to be dependent on the operational status of cryptocurrency exchanges to make exchanges. It is not uncommon for third party exchanges to have problems, especially during times of high volumes. The result is that users end up trusting these centralized parties with their money, only to have them fail in their time of need. This is the exact problem cryptocurrencies are supposed to solve.

Thankfully, with the advent of the Bitcoin Atom network, these issues can be done away with. The development team is working on integrating instant off-chain swaps, with the goal of implementing their HTLC API by January 2018. The full atomic swap network could be up and running by the end of 2018.

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Venezuela Prepares for the Launch of the Petro

It would appear some details regarding Venezuela’s own cryptocurrency have come to light. We already know it goes by the name of Petro. Moreover, this is an oil-backed currency. It is also a response to the worsening financial crisis in Venezuela today. It seems President Maduro has ordered the issuance of 100 million Petros moving … Continue reading Venezuela Prepares for the Launch of the Petro

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It would appear some details regarding Venezuela’s own cryptocurrency have come to light. We already know it goes by the name of Petro. Moreover, this is an oil-backed currency. It is also a response to the worsening financial crisis in Venezuela today. It seems President Maduro has ordered the issuance of 100 million Petros moving forward. An interesting decision, considering the whitepaper has yet to be revealed.

Everyone knows Venezuela is not a fun place to live right now. Growing inflation and no viable solutions create a very uneasy ecosystem. Issuing a national cryptocurrency seems to be the only option left worth exploring. President Nicolas Maduro has confirmed the Petro will come to market in the next few months. So far, no one knows the exact specifics of this currency, at least on the technical side. The value of this currency is backed by the country’s vast oil reserves.

Introducing the Petro in Venezuela

It would appear the first batch of Petro coins will be issued soon. A supply of 100 million Petros will be brought into circulation. This number is not chosen randomly either Instead, it is based on national wealth. Every Petro has the same value as a barrel of Venezuelan oil. An interesting prospect, as it should ultimately inject a lot of money into this new currency. The big question is whether or not there will be any interest by foreigners to obtain this new currency.

It is also expected the think tank behind the Petro currency will convene next week. It will also be the first national meeting of this new currency’s miners. For now, we still have no idea how this currency will be mined exactly. After all, since it is backed by oil reserves, there seems no reason to mine anything. A better option is to create batches of this currency like Tether does. For now, we have to speculate as to how things will play out for Venezuela’s new currency.

When the whitepaper is unveiled, things will become a lot clearer. For now, no one in Venezuela knows what to expect from the Petro exactly. There are still a lot of questions which need to be answered, to say the least. It would also be good to know which blockchain will be used to issue this new currency. A private ledger seems to be the most obvious choice in this regard. How all of this will play out, has yet to be determined. It’s certainly an interesting development to keep an eye on.

Header image courtesy of Shutterstock

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The Hype and the Hollowness: Cryptocurrencies’ Over Justified Expectations

Heralded as the revolution for money, finance, data, and a host of other things, there has been some over justified expectations of cryptocurrencies that need to be addressed. #NEW YEAR SPECIAL

Heralded as the revolution for money, finance, data, and a host of other things, there has been some over justified expectations of cryptocurrencies that need to be addressed. #NEW YEAR SPECIAL

Blockchain Technologies Will Bring Incredible Opportunities for Using Artificial Intelligence in Healthcare

Artificial intelligence promises to transform our lives in just a few years. Alas, the healthcare industry currently lags far behind in terms of using AI systems. The reason is a lack of infrastructure to bring together healthcare big data owners, AI developers, and consumers into a single ecosystem. Healthcare AI developers spend 95–99 percent of … Continue reading Blockchain Technologies Will Bring Incredible Opportunities for Using Artificial Intelligence in Healthcare

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Artificial intelligence promises to transform our lives in just a few years. Alas, the healthcare industry currently lags far behind in terms of using AI systems. The reason is a lack of infrastructure to bring together healthcare big data owners, AI developers, and consumers into a single ecosystem.

Healthcare AI developers spend 95–99 percent of their budget to buy or license healthcare big data to train their neural networks. In most cases, startup companies specializing in that area can afford to buy only relatively small amounts of data, paying millions of dollars for them. As a result, their neural networks are usually undertrained and can detect only a few diseases.

Skychain

Skychain Global will build the necessary infrastructure based on blockchain technologies. Its key idea is using smart contracts to facilitate interactions between healthcare big data owners, AI developers, and consumers. AI developers joining the Skychain ecosystem won’t need to buy big data, which will reduce their neural network training costs by a factor of 100. Each trained neural network will be locked forever in a smart contract and will be only available for use as a service. Each consumer using a neural network will pay a per-use fee, which will be automatically split between its developer, all the data providers whose data was used to train the neural network, and any other involved parties.

It’s a revolutionary approach that will reduce the healthcare AI training costs by a factor of 100. The opportunity to monetize healthcare big data will draw data owners to the Skychain ecosystem. As a result, there will be more highly accurate neural networks, which will increase the value of Skychain for the end users, that is, patients and doctors.

Skychain pre-ICO

Skychain Global is pre-selling its tokens, SGH. The pre-sale ends on January 7, 2018. The tokens are currently sold at $0.50. During the ICO phase, they will be sold at $1. Then the SGH tokens will be converted into Skychain’s internal currency, Skychain Global Coin (SGC).

The important thing is that the project is based on existing, proven approaches and technologies in the area of artificial intelligence and big data. Skychain intends to create a data market using blockchain technologies and smart contracts, so that big data can be provided as a service for AI deep learning.

The future of artificial intelligence in healthcare

Currently we are only talking about medical diagnoses made by AI systems on par with the best doctors in their field of medicine. But accumulating vast amounts of healthcare big data in the Skychain machine learning ecosystem promises to bring unprecedented opportunities in the future. For example, artificial intelligence may be able to evaluate the effectiveness of a pharmaceutical drug or treatment regimen based on a billion case histories, discover new diseases, or develop the most effective treatment regimen for a patient. It might even be able to develop new pharmaceutical drugs and approaches to treatment! But if we want any of that to become possible, we need to accumulate massive amounts of healthcare data in the single ecosystem and make all of that big data easily available for neural network training. That’s the problem the Skychain project is going to solve!

https://skychain.global/

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Texas Securities Commissioner Cracks Down on BitConnect

TheMerkle BitConnect TSCMost cryptocurrency enthusiasts are well aware that BitConnect is a very problematic venture. Some people even call it an outright scam, although others still seem to be making money off it without any problems. The Texas Securities Commissioner recently sent the company an emergency cease and desist order. It’s a very big step toward shutting this dubious program down once and for all. Curtain Call for the BitConnect Scheme? Ever since the BitConnect program came to market, people have publicly voiced their concerns over this possible Ponzi scheme. It looks and feels almost identical to OneCoin, with the exception that people can actually trade

TheMerkle BitConnect TSC

Most cryptocurrency enthusiasts are well aware that BitConnect is a very problematic venture. Some people even call it an outright scam, although others still seem to be making money off it without any problems. The Texas Securities Commissioner recently sent the company an emergency cease and desist order. It’s a very big step toward shutting this dubious program down once and for all.

Curtain Call for the BitConnect Scheme?

Ever since the BitConnect program came to market, people have publicly voiced their concerns over this possible Ponzi scheme. It looks and feels almost identical to OneCoin, with the exception that people can actually trade BCC across a few exchanges. Most of the trading volume originates from the company’s own exchange, though, which is always something to be concerned about. There’s a good reason why BitConnect can’t be traded across any major exchange right now.

How things will play out for BitConnect has yet to be determined at this point. The team recently received an emergency cease and desist order from the Texas Securities Commissioner. Such warnings are never sent out unless there is sufficient proof to indict a company. There have been plenty of concerns regarding BitConnect for quite some time now, and it is evident that some of these concerns may be more than valid. Now that BitConnect’s market cap is in the multi-billion dollar range, things have grown a lot more problematic.

Whether or not this emergency cease and desist order will fall on deaf ears has yet to be determined. The Texas Securities Commissioner wants to end all BitConnect-related services at once. It is evident this will not be easy, especially considering that BitConnect is an overseas company. Consequently, the US has very little jurisdiction over it, even though it is likely that US-based investors are part of this scheme as well.

Most cryptocurrency enthusiasts are absolutely convinced that BitConnect is a scam. So far, it has been pretty difficult to prove them wrong in this regard. After all, everything the company is doing seems shady at best. There is very little transparency, especially when it comes to generating profits for investors. Until this situation is clarified, there will always be concerns that BitConnect is a Ponzi scheme.

Indeed, soliciting investors for annual returns of 100% or more sounds incredibly fishy to anyone. In the world of cryptocurrency – or finance, for that matter – there is no such thing as guaranteed returns, especially not in the double or triple-digit range. Moreover, the company has issued its own currency, with the circulating and total supply changing on a regular basis. That in itself is another problem that will have to be addressed at some point in the future.

It seems more and more platforms are moving away from displaying any advertisements or content related to BitConnect. While everyone wants to make money, there’s no point in doing so if you have to purposefully mislead others. There are plenty of questions regarding this company which will need to be answered at some point in the future. For now, those answers still remain elusive.

In the end, it is good to see some regulators take a harsh stance toward potentially harmful projects like BitConnect. The Texas Securities Commissioner has made an important first step in this regard; that much is evident. Whether or not other states or even countries will follow this example remains unknown. It is best to stay away from BitConnect right now, especially until all of these issues have been properly resolved.

CHRYSOS is More Profitable than Other Cryptocurrency Platforms

New Cryptocurrencies are mushrooming in the market. Most of them are similar in terms of what they offer. They are mostly currency wallet with different names. CHRYSOS stands apart from them. It offers something different which are genuinely unique. Truly, it looks different in the gathering of other Cryptocurrencies in the market. CHRYSOS is totally … Continue reading CHRYSOS is More Profitable than Other Cryptocurrency Platforms

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New Cryptocurrencies are mushrooming in the market. Most of them are similar in terms of what they offer. They are mostly currency wallet with different names. CHRYSOS stands apart from them. It offers something different which are genuinely unique. Truly, it looks different in the gathering of other Cryptocurrencies in the market.

CHRYSOS is totally new blockchain rather than based on Ethereum platform. It is using hybrid mining algorithm of POS (proof of stake) and POW (proof of work) to generate more genuine and accurate consensus. From the algorithm point of view, this methodology to reach a consensus is new and unique in the blockchain technology market. Adoption of this robust and feature-rich algorithm keeps CHRYSOS ahead of the competition in the Cryptocurrency market.

CHRYSOS blockchain is a decentralized public ledger which uses cryptography to encrypt the data to secure the whole blockchain. Every data block gets synchronized with each data transaction and follows the consensus. This makes the whole blockchain highly secured and keeps hackers way apart to steal or attack any data block. This is the reason the world has fallen in love with blockchain technology.

CHRYSOS blockchain uses forging methodology to record data transacted in the public ledger. Forging is different from mining. Forging make consensus or validate the data transactions instead of relying on miners each time. CHRYSOS platform provides high-speed peer-to-peer transactions to send money to others, remittances, payment processing etc. The platform is technically ready to perform thousands of data transactions in a fraction of a second. This is due to the architecture of the platform and low latency APIs used. As data storage is decentralized, the uptime becomes hundred percent. Above all, the low transaction fees at the platform make it coin user-friendly in all the way.

Besides the P2P coin transfers, investors can participate in the lending program the platform offers. Investment in the lending program is done by using the coins available in the wallet of the user. Lending programs offer a high interest rate on the deposited coins. The return on investment (ROI) is paid every day. These returns can be re-invested in the lending program or can be staked in the wallet. Staking, keeping the coins in a wallet, for a specific period also pays a lucrative dividend.

CHRYSOS is going to launch lending on 27th Jan 2018. Anyone can start subscribing to the lending program with their CHR Coins from 27th Jan on the lending portal.

CHRYSOS have its own internal exchange where anyone can buy or sell CHR coins. It is also listing CHR coins on external exchanges. Currently, it has finalized date of listing for Yobit and HitBTC. CHR Coin will be listed in both the exchanges on 27th Jan 2018. Also, it will start its own internal exchange on 27th Jan 2018. Anyone can start trading CHR coins on exchanges after the listing. For more information, visit website www.chrysoscoin.com.

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Innovative Cryptocurrency Exchange Bitmora Launched Crowdfunding Campaign Last December

Bitmora is building a service that will allow users to globally exchange cryptocurrency and vote on the framework upon which the exchange is built. SAN DIEGO, January 5, 2018 –Cryptocurrency exchange platform Bitmora is set to revolutionize the way the digital currency exchange world operates. The company aims to build a one of a kind … Continue reading Innovative Cryptocurrency Exchange Bitmora Launched Crowdfunding Campaign Last December

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Bitmora is building a service that will allow users to globally exchange cryptocurrency and vote on the framework upon which the exchange is built.

Cryptocurrency exchange platform Bitmora is set to revolutionize the way the digital currency exchange world operates. The company aims to build a one of a kind trading platform that will offer low fees, enterprise-grade security, and a unique voting system designed to put the future of cryptocurrency exchanges in the hands of activists and users alike. Instead of an ICO, Bitmora launched a crowdfunding campaign on Dec. 1. Bitmora’s cryptocurrency exchange is on schedule to launch in Feb. 2018.

Bitmora aims to raise $600,000 during the two months of the campaign. Participants who invest as little as $10 will be guaranteed a monthly payout in accordance to the exchange’s volume during its first 18 months. Participant tiers and voting power are dependent on how much they invest into the campaign. Bitmora executives will put aside 30 percent of the monthly revenue in each of the 18 months for participants investing during the funding campaign.

An article released on Coin Desk in late November noted that the total market capitalization for the cryptocurrency market has exceeded $300 billion for the first time. The article referenced data from CoinMarketCap.com that showed that the market capitalization for all cryptocurrencies is currently at roughly $300.5 billion. Cryptocurrency exchanges are currently a $100 billion market.

“As the demand for Bitcoin, Ethereum, and altcoins skyrockets to an all-time high, the majority of exchanges have made little to no improvements,” says Colton Brister, chairman and CEO for Bitmora. “Forced to trade on dated engines with poor security and slow customer support systems, the users of these exchanges have come to recognize a need for improvement. Bitmora is being built to revamp the exchange sector in a way that nobody has ever seen before. Everything from our engine to our interface will set new standards in what is already an out-of-touch market.”

Bitmora will host a fully-functional mobile application, around-the-clock phone support staff, and an established user voting system to provide users an exceptional trading experience. More than 40 cryptocurrency pairs will be able to be traded on the platform, with margin trading available on the first day. Bitmora’s network and servers will be scalable and will have multiple failover engines in the event of a DDoS attack.

Those interested in learning more about Bitmora should visit the company’s website at Bitmora.comand to invest, visit the crowdfunding campaign.

About Bitmora

Based in San Diego, California, Bitmora is building a service that will allow users to globally exchange cryptocurrency and vote on the framework upon which the exchange will be built.

To learn more, visit www.Bitmora.com.

More information and to follow Bitmora:
Whitepaper: https://bitmora.com/whitepaper.pdf
Twitter: https://twitter.com/bitmora_inc
Slack: https://bitmora.herokuapp.com

Media Contact

Name: Colton Brister
Company: Bitmora Inc.
Email: [email protected]
Phone: 4695868332

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Copytrack Raises Over $2.5 Million, Surpasses Pre-Sale ICO Goals

COPYTRACK, following a highly successful crowdsale, has raised a total of more than $2.55 million in the ongoing presale. The presale, that went live with a goal of selling 5 million tokens will end on January 10, 2018. The token sale has gained a lot of attention, thanks to the huge potential offered by the … Continue reading Copytrack Raises Over $2.5 Million, Surpasses Pre-Sale ICO Goals

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COPYTRACK, following a highly successful crowdsale, has raised a total of more than $2.55 million in the ongoing presale. The presale, that went live with a goal of selling 5 million tokens will end on January 10, 2018.

The token sale has gained a lot of attention, thanks to the huge potential offered by the platform in keeping the copyright violations on the internet in check.

How COPYTRACK Disrupts the Industry

COPYTRACK is the market leader in protecting the image rights, uncovering image theft and managing the licensing for photographers, publishers and news agencies online. The company provides the start-to-end service that guides the users through a complicated world of online image theft. Since last three years, COPYTRACK has helped the community to claim image rights in more than 50,000 unsolicited use cases.

COPYTRACK’s global Copyright Register takes digital copyright registration to a new level. The platform intends to offer solutions for the major challenges of digital content copyright as well as monetization since they are still present today. By developing an open, transparent and decentralized copyright register using blockchain technology, COPYTRACK enables owners to register, monitor and monetize their work without involving any intermediary. This makes the multi-billion-dollar digital licensing industry more fair and transparent towards both buyers and sellers.

The ecosystem works using a unique image tracking engine leveraged on advanced technologies like Artificial Intelligence that searches users’ images online. Users can sort through their results and claim any copyright infringements instantly. Once COPYTRACK’s legal team is notified of the claim, it starts the enforcement process at once.

About the Pre-sale & Main ICO

The pre-sale for COPYTRACK Token (CPY) successfully sold a total of 4 million CPY so far. Following the successful pre-sale, the main ICO will start from January 10, 2018, and will end by February 10, 2018. With more than 4 million tokens already bought by the investors, COPYTRACK has raised a total of 2,550 Ethereum, which is at present equivalent to around 2.55 Million USD. The unsold tokens will be destroyed after the end of the token sale.

According to the spokespersons of the company, this is a huge recognition of COPYTRACK’s vision: to solve a deep-rooted challenge of copyright violation and offer both owners and users a transparent, fair and decentralized solution to licensing images. The COPYTRACK Team expresses its appreciation and thankfulness to all the contributors for supporting the platform.

What’s Next?

The ICO will offer 60% of all CPY for public sale, while 20% tokens will be reserved for business development and remaining 20% for the advisors and founders. The founders decided the following lockup period and release plan:

  • After a 6-months cliff 25% and every month
  • thereafter 5% of their allocation.

The company has initially launched the ERC-20 token on the blockchain. In the second quarter of 2018, the company will execute a token swap of 10,000,000 ERC-20 tokens onto the new chain. Their leading position in the market, unique value proposition and an excellent team has spurred great interest from the community. As per the funds raised so far in the token pre-sale, COPYTRACK presents an outstanding investment opportunity.

To know more about the platform and participate in its on-going presale and upcoming ICO, please visit https://copytrack.io/. Connect to the team at Telegram.

 

 

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2017 Was a Very Bullish Year for New Altcoins

TheMerkle 2017 Bullish AltcoinsThe year 2017 provided cryptocurrency enthusiasts with a lot of interesting statistics to keep an eye on. Although it is evident that a lot of currencies gained a lot of value, there are plenty of altcoins which flew under the radar despite their gains. Moreover, a lot of the top 300 cryptocurrencies were created in the year 2017, which is both exciting and worrisome at the same time. Whether or not the year 2018 will yield similar returns has yet to be determined. For now, things are certainly looking up. A Recap of the Year 2017 for Altcoins Although we already

TheMerkle 2017 Bullish Altcoins

The year 2017 provided cryptocurrency enthusiasts with a lot of interesting statistics to keep an eye on. Although it is evident that a lot of currencies gained a lot of value, there are plenty of altcoins which flew under the radar despite their gains. Moreover, a lot of the top 300 cryptocurrencies were created in the year 2017, which is both exciting and worrisome at the same time. Whether or not the year 2018 will yield similar returns has yet to be determined. For now, things are certainly looking up.

A Recap of the Year 2017 for Altcoins

Although we already discussed which currencies noted major gains in 2017, it is evident this list is a lot longer than most people would expect. A lot of things changed in the world of cryptocurrency throughout 2017, and we can expect even more surprises in the year 2018. Recent statistics from Coincall provide a wealth of information well worth looking into, especially when it comes to the performance of cryptocurrency overall, and how new coins are all the rage.

First of all, the top gainer in 2017 was none other than Verge. That’s a bit surprising, as most people only started talking about this currency in late 2017 and early 2018. Astonishingly, Verge grew over 1 million percent in value throughout 2017. It certainly makes Bitcoin’s gains pale in comparison, even though people are still on the fence as to whether or not Verge has any real purpose. Its Wraith implementation has been pretty interesting, although it subsequently made the price tank by 25%.

Other currencies which noted massive gains that aren’t exactly mainstream include Hempcoin, Groestl, and a few others. There’s a lot of good money to be made with cryptocurrency, assuming you know which targets to shoot for. Focusing merely on the major cryptocurrencies is the safe approach, but it is evident some of the gambles made by early investors in specific tokens have also paid off. After all, investing US$1 in some of these currencies would have netted you a five-figure return today. It is uncanny how much (dumb) money can be made with these penny coins.

What is rather disconcerting is how over half of the top 300 cryptocurrencies did not exist prior to 2017. Most of these currencies are ICO tokens, which were the most popular trend in all of cryptocurrency last year. There are also a fair amount of altcoins, pump-and-dump schemes, and Ponzis to contend with. Whether or not the world needs so many different currencies and tokens will always be subject to debate. After all, most of them don’t serve any real purpose, regardless of their recent price gains.

As is usually the case, cryptocurrencies outperformed regular stocks by quite a margin. Although 2017 was not a terrible year for stocks – there were multiple opportunities to double your money over the span of the year – cryptocurrencies netted returns of up to 1,740 times one’s initial investment. It almost feels like comparing apples and oranges in this regard, but it’s always worth the effort to see how both sectors compare to one another. This trend in cryptocurrency is not sustainable, though; that much everyone can see.

At the same time, there are still a lot of currencies with market caps below US$50 million. Although that may seem like a high number, it is relatively small when it comes to cryptocurrency. After all, most ICOs raise that amount of money in a matter of days, and thus it was only normal to have made it the threshold for these rankings. It will be quite interesting to see how all of this plays out in the future, as this money has to keep coming from somewhere.

If the NYSE has its way, a risky leveraged ETF which doubles the return of bitcoin could soon hit the market – CNBC

CNBCIf the NYSE has its way, a risky leveraged ETF which doubles the return of bitcoin could soon hit the marketCNBCFor each fund, that means a 1 percent rise in the price of bitcoin futures should result in a per-share gain of between 1.25 percent and…


CNBC

If the NYSE has its way, a risky leveraged ETF which doubles the return of bitcoin could soon hit the market
CNBC
For each fund, that means a 1 percent rise in the price of bitcoin futures should result in a per-share gain of between 1.25 percent and 2 percent, depending on which Bull Fund is used. However, the potential for higher rewards also comes with higher ...
Bitcoin Price Doubling Funds on the WayBitcoinist

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Five Cryptocurrencies Had Over 1,000 GitHub Commits in 2017

TheMerkle Cryptocurrencies GitHub CommitsGauging the actual value of any cryptocurrency has always been difficult. Many people look at the market cap or the value per coin. Others look at the number of network transactions and how many merchants accept it as a form of payment. Another area worth looking into is how many commits and merges are conducted by people contributing to individual currencies and projects. When looking at this metric, there are some interesting trends in existence right now. Github Activity is Meaningful Although the activity on GitHub is not the primary indicator of any cryptocurrency’s value, it’s not something that should be overlooked either. It should be

TheMerkle Cryptocurrencies GitHub Commits

Gauging the actual value of any cryptocurrency has always been difficult. Many people look at the market cap or the value per coin. Others look at the number of network transactions and how many merchants accept it as a form of payment. Another area worth looking into is how many commits and merges are conducted by people contributing to individual currencies and projects. When looking at this metric, there are some interesting trends in existence right now.

Github Activity is Meaningful

Although the activity on GitHub is not the primary indicator of any cryptocurrency’s value, it’s not something that should be overlooked either. It should be noted that the quantity of commits is something that can be manipulated with relative ease. Changing one letter in the code or adding a non-function will serve as a commit when just looking at the numbers. Then again, when projects show very few commits over the span of a year, it is evident that there may not be much value to it after all.

To that end, there is one big currency which had literally zero GitHub commits throughout 2017. Unsurprisingly, that is Dogecoin, a currency which has seen little to no major changes for quite some time now. Assuming the community can find a new lead developer in the near future, we may finally see some activity to shake things up. At the same time, Dogecoin attained a US$1 billion market cap not too long ago. This simply confirms that developer activity is not the only contributing factor for valuations these days.

It is quite interesting to see how Ripple and XRP got a total of 271 commits throughout 2017. This further indicates that a lot of things are happening behind the scenes, even though most people willingly ignore them. It is not a cryptocurrency by any stretch of the imagination, but there’s plenty of reason to pay attention to its infrastructure. How all of these commits will pan out in the long run has yet to be determined. Ripple had more commits than Bitcoin Unlimited and BitConnect, but far fewer than most other main crypto-assets.

In fact, it seems there are only five currencies which saw more than 1,000 GitHub commits in the year 2017. Although 1,000 is not an official threshold, most people seem to like big numbers for some reason. Bitcoin Core is leading the charge in this regard, with 1,925 commits. It is well ahead of Litecoin (1,298), Monero (1,199), IOTA (1,166) and Bitcoin ABC (1,140). For those unaware, Bitcoin ABC is the main development branch for the Bitcoin Cash currency, as its client was used by over 85% of the network at the time of writing.

It is also interesting to see how Ethereum Classic has 62 more commits than Ethereum itself. Again, the numbers themselves do not mean all that much without gauging the actual quality of these changes, but it’s still pretty intriguing. All cryptocurrencies will need to continue evolving on a regular basis, which means developers will need to keep introducing improvements and new features over time. Which currencies will come out on top at the end of 2018 remains to be determined.

It is evident the year 2018 will be pretty interesting for all crypto-assets on the market today. It is due time we culled the wheat from the chaff, as there is a fair bit of manipulation going on right now. Coins with little to no value are pumped to oblivion whereas the ones with technical fundamentals are left behind. It is evident that the latter category will eventually win out, though, as no one can deny that cryptocurrencies and assets need a purpose first and foremost. Right now, a fair few of the “top” currencies do not serve any need.