Day: February 8, 2018

Everything you need to know about anonymous cryptocurrencies including what they are, where to trade them — and why they’re worth adding to your portfolio.

The first cryptocurrency payment system that uses Lightning network, PORNX, takes its step to become one of the most secure and anonymous means of payment for the content for adults.

According to different studies, porn sites receive more regular traffic than Netflix, Amazon and Twitter combined every single month. Moreover, the industry moves around $100 billion dollars annually and 12% of the revenue that comes only from the United States, where only in 2016 people spend around 4,5 billion hours to watching porn videos on just one porn site. The average audience of porn sites is more than 600 million active users a day!

Investing in this industry may become a successful venture, thus investors that are having a look at possible investments may be considering PORNX to be one of the most promising ones. The potential of its growth can be massive, as if just a small part of the industry adopts this cryptocurrency and its X-Q Pay payment system in order to pay for pornographic content, then PORNX will be a success.

PORNX has already received the highest ratings from the falous rating agencies, like TrackICO that gave PORNX project rating of 4.8 out of 5, and Foundico, that rated it 9.8 out of 10.

The team of the PORNX project– a company that has developed PORNX – stated in the official announcement:

“We – the team of developers of the project PORNX, were interested in the introduction of blockchain technologies in everyday life. Some areas are already occupied by interesting projects, but in the porn industry, nobody has implemented blockchain technology. We set ourselves a very serious and interesting task. The combination of two major sectors of the economy – porn industry and cryptocurrency.”

PORNX – cryptocurrency with wide range of features

PORNX cryptocurrency, developed by PORNX project, is created as a decentralized token on the Ethereum, developed according to the ERC20 standard. It is the world’s first cryptocurrency based on the Lightning Network protocol for payments for porn videos, erotic video chats, adult online video games and at online sex shops.

It can be used worldwide without legal restrictions on the payment of porn around the world and providing its users with high level of confidentiality –  data is not debited from bank cards, and wives or other relatives do not know about paying for porn content.

PORNX transactions are fast, comparable to Visa or MasterCard payments, but more secure and anonymous as its algorithms similar to the Tor network, while the fees are almost 0%.

It will be supported on MyEtherWallet, as well as other wallets such as Mist, Parity, ImTokem, Metamask. PORNX project also plans to launch its own mobile X-Wall Wallet application which will be compatible with Google Market and the Apple Store. The application is designed with the ability to store 40 popular currencies and its numbers grow to 100 and more currencies in the future. Furthermore, PORNX project plans to launch mobile app for porn content purchases via QR code.

Special bonuses to early investors

Early investors get variety of bonuses. One of them is possible vie joining the White list.  The investors can asquise if join the White list from January, 29. The best time to join the project pornx is White list phase.  Since you are able to redeem the tokens for the best individual offer this applies to both the price and the number of tokens make your choice now. Another chance for early investors to get more benefits is to participate in participate in presale. The pre-sale starts on February, 11 and finishes on February, 25. The soft cap will be 1500 ETH and the Hard Cap 5000. The maximum bonus that will be applied will be 35%.

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.

Despite their rough entry to 2018, Bitcoin and other cryptocurrencies are here to stay according to cyber security expert-cum-Shark Tank investor, Robert Herjavec. The 55-year-old Croatian-Canadian entrepreneur feels that digital currency is a logical replacement for the paper cash that we as a society are increasingly less dependent upon. Speaking with Time’s MONEY show, the TV investor stated:

“To me, it’s the wave of the future… Fast forward 25 years from now, there will be some form of a cryptocurrency that we will pay for electronically, and the concept of cash will go away one day.”

He’s also particularly optimistic about blockchain technology. For him, the backbone of digital currencies could be a real game changer to the cyber security industry he’s so familiar with. He believes that decentralised data storage solutions will revolutionise the verification of business transactions:

“It’s going to have massive benefits for humanity, in all kinds of transactions including cyber security.”

However, Herjavec isn’t completely sold just yet. The investor hasn’t used any of the $200 million he has behind him to take a position in any cryptocurrency just yet. He still feels its too much like the Wild West at present. He told the news outlet:

“There’s no base for it… When I buy a house and it’s overpriced, I can live in it. There’s some fundamental value. The challenge with cryptocurrency is, it could go to zero. There’s no one exchange that is making them. Exchanges that sell them now can be hacked. We recently saw the largest breach ever — $500 million in 24 hours. If you had bought that exchange, it’s not that you’ve gone down 20% or 40%, you’ve actually gone to zero.”

Today’s sentiment from the businessman and investor seems to mirror that expressed to BNN last December. On Bitcoin’s insane price run out at the tail end of last year, the Shark Tank personality stated:

“I really think that cryptocurrency is going to go up. It’s definitely a bubble. The underlying technology, Blockchain, is here to stay.”

He went on to display a somewhat dated and naive interpretation of the cryptocurrency economy as it exists at present:

“The underlying market is still ransomware and hackers.”

Image: Flickr

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World’s First AI-Controlled Influencer Marketing Platform To Exceed Presale Expectations 2 Times In 36 Minutes Due To Overwhelming Community Interest

February, 8 – 2018, Tallinn – AdHive, an AI-powered and community-driven platform for native video advertising on influencers’ channels has announced to successfully conclude presale stage, closing the cap in victorious 36 minutes. 2220 token purchasers were lucky enough to get on board during presale as AdHive released the “first come – first served” mechanics to guarantee transparency and avoid “gas wars”.

“The presale $ 5.5M is way above the planned $ 3M for the stage – we stepped up the market with a strong and experienced team, proven core technology, bringing a transparent vision for the further development, yet we did not expect the crypto-community to embrace the idea so favorably”. – comments Dmitry Malyanov, AdHive Co-Founder.

AdHive will stick to the global business development roadmap, while AdHive team does not imply any changes for the token sale main stage. Scheduled to kickoff on February, 21, AdHive will welcome its early token purchasers to close the $ 12M hard cap till March, 14 – or earlier, depending on the overall token sale demand.

“The staggering success of our token presale has left the AdHive team both humbled and overjoyed. From the very beginning we knew that the only way for us to succeed in revolutionizing global influencer marketing industry was the one with the community supportive, passionate and positive on our side.

We will definitely justify and empower the trust given to us by crypto–community, early supporters and token purchasers, and do our best to make AdHive project a new standard reinventing the $ 40Bln market with the help of artificial intelligence and blockchain technology. Stay tuned for our token sale!” – added Dmitry Malyanov.

Having taken into account the issues associated with an explosively high demand for the ADH tokens, AdHive will introduce mild restrictions on individual ADH purchases during token sale, as well as two-stage token purchase mechanics to eliminate the possible hard cap triggering delay.

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.

The Dow Jones has fallen a little more than 1000 points today, but the crypto markets are holding on to the high that followed the SEC and CFTC hearing. #NEWS

Ethereum (ETH) has essentially moved in lock-step with Bitcoin over the past week. Having retraced over 50%, the cryptocurrency is now recovering. The market cap stands at US$79.2 billion, with US$3.18 billion in trading volume over the last 24 hours.

Vigorous growth of Distributed database and Blockchain technologies have become a reason for a wide range of newer digital services for business to rise. So came up Cryptocurrency Exchanges, Crowdfunding platforms, Platforms for Blockchain-based Workflow and ICO-listing. Beside there is one platform capable to bring together generally all advantages aforementioned services and even to provide list of alternative unique, strong, effective solutions. This platform is named TokenGo, and at this moment (since DEC 11 2017 till FEB 10 2018) it is taking place big-time Pre-ICO campaign.

Concept of creation TokenGo platform

Mr Anton Bendersky, the Founder of TokenGo platform, in the course of his last interview at official project’s blog on Medium shared the story of TokenGo beginning, the preliminary and prospects for development. By the way, Anton have extensive experience (over a 15 years) in computer software and secure services development in finance industry. As a result, Anton contributes not only as a founder and executive director, but also as a blochain-architect. However not only the existence of technology is focal point for a company. Planned, sustained growth is provided by team of highly trained specialists in marketing, design, business-management and software engineering.

Let’s come back to the idea of business tokenization platform. According to Anton Bendersky’s the particular idea was driven by highlights of several projects, such as Nem, Nxt, Steem. Analysis of this projects showed up some similar flaws and extra client’s expectations. This was followed by long, labor-intensive work and, as a result, platform appeared and we can observe the process of Pre-ICO considered and adapted by TokenGo project’s Whitepaper.

Some words about platform

TokenGo – project based on the internal blockchain. Build as modular self-sufficient system based on relative components platform, TokenGo covers full range of required services and expected features, such as:

TokenGo Web-Site builder was made to simplify process of Landing Page building and to systematize information about services and projects.

TokenGo Personal Cabinet Builder for launching and managing Bounty Campaigns. It also allows to work with information about ongoing pre-sales and bounty campaigns, special offers and current news.

TokenGo ICO Crowdfunding platform, where will it be automatically posted information about all ICO projects, so each member of the community will never miss the relevant information. Similarly, the ICO projects founders will be able to access all the necessary tools for ICO integrated by TokenGo developers along with third-party developer’s solutions.

TokenGo Smart Contract Builder as a secure and fail-safe solution to ensure soft, quick start of smart contract creation procedure.

TokenGo Harvester (Voting) procedure attracts participants and give them fair revenue, proportionally to their contribution for the rated activity (project evaluation, voting, promotion etc.).

TokenGo Cryptocurrency Exchange is a trading module build to maintain entire transaction services and to accomplish transaction between internal payment token GoCoin (GOC), fundamental unit of the platform – token GoPower (GPT) and other tokens, released by participants within the framework of the TokenGo platform in near future.

Usage model of TokenGo Platform

TOKENGO USE CASES

No doubt, that there are expected much more facilities to rollout. Some of them are written on the official TokenGo website and in the Whitepaper, but other will be published for voting among stakeholders and participants. Meanwhile, for a reliable implementation, TokenGo requires a substantive capital. Good thing is that the amount of 910 ETH is almost passed. It means, that it is a few days left till Pre-Sale ends (till FEB 10 2018) and all benefits would be unavailable.

Pre-ICO and current fees

It is well known, that Pre-Sale offer prospects of discounts and benefits. Ongoing TokenGo Pre-Sale offer a competitive buyer discount equal 0.00057143 ETH for 1 GPT. Moreover, every buyer till the end of Pre-Sale will get a bonus in the amount of 50%. Documented Soft Cap is 1000 ETH and right now Pre-ICO got 91% (910 ETH) of requested. That confirms the high-level of trust and confidence of crypto-community to the project. Within the procedure of Pre-ICO, project gives participants an access to latest modules prototype, which have already been highly appreciated by the community as the best solution in conducting the Bounty campaign. In the near future, it is scheduled some major updates and Bounty campaigns accessible for other projects.

Finally, according to Anton Bendersky’s interview, the basic purpose for TokenGo team is implementation of the most advanced ideas and projects in blockchain, as well as improving platform’s framework facilities! Thus, taking part in the Crowdsale of TokenGo platform, is not only tokens with the maximum benefit, but also contribute to the development of the large-scale blockchain-system.

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.

PHOENIX, Feb. 8,  2018 – Nexus (NXS), announced a partnership with SingularityNET (AGI), to explore the combination of both technologies. SingularityNET is looking to expand horizons creating a decentralized AI network based on blockchain. This new partnership could result in the most secure, scalable and censorship-resistant blockchain AI infrastructure in existence.

Nexus and SingularityNET share an aligned mission of creating the safest and most advanced technology. In discussing the future of secure, decentralized AI, SingularityNET’s Chairman, David Hanson commented, “It will become the single most valuable technology in all of history. This is the chance for us to change the world together.” SingularityNET will also be exploring the use of Nexus’ satellite-based alternative internet protocol. The integration with Nexus would strengthen its mission of creating a censorship-resistant AI network, democratizing access in a manner no other project could achieve.

Benefits/implications of the partnership

For Nexus, the partnership presents a valuable use-case for deploying its 3D Chain architecture and exploring AI applications on layers 1 and 2 of its network. Both of these groundbreaking advancements in blockchain technology will become available in 2018.

Founder and Chief Architect of Nexus Colin Cantrell explains, “Nexus wants to resist the centralization of AI and believes partnering with SingularityNET can contribute to AI safety.” In a truly decentralized AI network, having rules contracted into AI decision making helps assure it will be used for good. Cantrell continues, “Nexus and SingularityNET are exploring new systems together in order to create a reliable means of self-regulating trust and reputation in a trustless system. This can make AI’s safer and more resilient when some of their decisions have to be routed through an immutable contract, ‘such as protect this human.’”

For SingularityNET, the partnership creates scalability, accessibility and security for its AI network. This creates safer, more advanced AI in a way the world has never seen. The partnership helps propel both companies forward in realizing their mutual aim of distributing powerful technologies. Nexus and SingularityNET both share the same mission – to create the safest and most advanced technology in the world.

About Nexus

Nexus is an innovative open source blockchain technology, designed to improve the world through advanced peer-to-peer networks and digital currency. With the world’s first 3D Chain, Nexus solves the current challenges of speed and scalability in the cryptocurrency industry. Nexus is one of the most secure blockchains and provides world class quantum security through it’s many innovations. Partnering with Vector’s Galactic Sky, the future of Nexus combines satellites, ground based mesh networks, and blockchain technology to facilitate the formation of a decentralized internet.  Nexus will be the first digital currency in space using this network. Nexus empowers people to take control of their financial freedom empowering humanity in the process.  For more information and to find your purpose, visit www.nexusearth.com or watch their informational video. 

About SingularityNET

SingularityNET is the first and only platform that allows AIs to cooperate and coordinate at scale. This removes one of the major limiting factors to AI growth today, the lack of interoperability, which severely restricts the ability to leverage the strengths and capabilities of individual AIs. With SingularityNET, companies, organizations, and individuals can empower their AI agents to participate in markets, buying and selling goods and services. No longer must AIs exist in silos, only capable of operating within a specific company, infrastructure, or industry. To learn more about SingularityNET visit: https://singularitynet.io/

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.

Demand from cryptocurrency miners for GPU maker Nvidia’s products was bigger than anticipated in the fourth quarter of last year.

In attempts to establish more financial independence from the Trump administration, Berkeley, California is in the preliminary stages of launching its own cryptocurrency.

The coins would be backed by municipal bonds — a security that local governments issue in order to pay for public projects — and distributed using blockchain (the technology that underpins cryptocurrencies). Considering that cryptocurrencies are known for large price fluctuations, officials hope that this use of bonds will discourage the speculation that often leads to sudden spikes and dips.

According to Business Insider, the city could become the first in the nation to hold an initial coin offering (ICO), the process through which cryptocurrency tokens are distributed in exchange for investments. By attracting investors through an ICO, the city hopes to raise funds to assist in efforts combatting homelessness and its affordable housing shortage. There’s also a chance residents could use these coins for goods and services in the city, although that is presently a bit of a challenge — businesses like Steam and Stripe have been unable to secure the use of cryptocurrencies for payments in the past.

Generally speaking, ICOs are facing some apprehension from authorities and regulators. The largely unregulated sector has, in some cases, permitted scammers to take advantage of amateur investors with Ponzi schemes, unrealistic promises, and other types of fraud. However, as noted, Berkeley officials seem to hope the institutional backing of municipal bonds will bestow their ICO with legitimacy.

City councilmember Ben Bartlett, who has been leading the ICO effort, characterizes the project as a form of resistance: “The Trump administration has devoted untold resources and energy to divide us and tear us apart using race, gender, fear, jingoism, xenophobia, and capital,” he told Slate Magazine. “In order to resist we’re going to have to finance it ourselves.”

Berkeley has struggled with many Trump administration policies, especially the new tax bill, which removes incentives for businesses to build more affordable housing in the area. As Business Insider notes, current estimates suggest that the tax code may diminish the future supply of affordable housing by almost 235,000 homes in the next decade.

Bartlett describes a three-part committee that is currently drawing up the blueprints for the ICO. The city government, represented by Bartlett and Mayor Jesse Arreguin, is providing policy guidance. Neighborly, an online municipal bond platform, is assisting with infrastructure and underwriting. And the UC Berkeley Blockchain Lab is conceptualizing the technology.

Though the plan is still in its preliminary stages, and the committee won’t release the full details of the project until this Spring, Bartlett seems optimistic about the success of this unprecedented endeavor: “We innovated recycling and solar here [in California]. We pride ourselves on our frontier mentality,” he said.

The post Berkeley, CA Developing Own Cryptocurrency And Accompanying ICO appeared first on NewsBTC.

Launched this week, BNC’s General Taxonomy For Cryptographic Assets is intended as a classification tool for investors, regulators, asset managers and developers to better inform their crypto decision making, says BNC Head of Research Rafael Delfi, and marks a critical step forward in the maturation of cryptographic assets as an investment class. 

According to State Representative Tyler Lindholm, if Wyoming’s Legislature successfully passes a set of bills this month Wyoming won’t just join the blockchain revolution, it will become a world-leader. “We essentially could be the blockchain capital of the world within a year from now — that’s a very realistic outlook as far as the sheer number of companies that have contacted us in the last week alone,” Lindholm says. “I don’t know if it’s going to be the answer to Wyoming’s deficit woes – but I don’t think it’s going to hurt.”

On hearing about the cryptocurrency-friendly bills that the Legislature has on the table this year (specifically House Bill 19 and House Bill 101), Lindholm and his allies have been contacted by dozens of interested tech companies. One from Nova Scotia, he says, simply packed-up and moved to the state in anticipation of the potential changes. “It’s a really exciting time, this is the wild west of technology and those folks are looking for a home.”

Blockchain technology — basically a decentralized ledger system — was born in the wake of the 2008 financial crisis and developed to remove the interference of banks and governments from the equation. Bitcoin and other cryptocurrencies are powered by the blockchain. Its possibilities are wide-ranging, from storing private information in a safe environment to pooling the technology of users to power scientific research.

“It’s pretty fascinating what’s being done with blockchain,” Lindholm says. “IBM has adopted it, UPS is looking at implementing it, Vanguard Mutual is looking at picking it up and the list goes on of all the Fortune 500 companies that are starting to pick this technology up. It’s un-hackable, and a big concern is how to protect their data nowadays.” Lindholm says he has seen the writing on the wall for some time and proposed legislation in 2016 to fix a regulatory loophole related to cryptocurrencies. Unfortunately, it failed to pass.

“All of a sudden, in 2017, it became really important to a lot of people – I heard from some ranchers who were trying to buy Bitcoin because the prices were awesome and it was a solid investment that they wanted to try and make,” he said.

The problem has been that Wyoming is one of three states in the nation, along with Hawaii and Minnesota, that have a bad regulatory system that makes it so, basically, cryptocurrency exchanges don’t want to operate there. It’s not illegal to buy, sell, own, or even mine Bitcoin, says Lindholm, but no exchanges want to operate in Wyoming thanks to the state’s regulatory set-up. House Bill 19 aims to fix this.

There’s also another bill Lindholm is spearheading: House Bill 101. “We’ve got basically 100-year-old laws with regards to our corporations that say you’ve got to keep paper copies on hand at the place you operate. That’s kind of tough for a lot of these companies that exist essentially all online.” Tech companies have been asking for a solution, he says, and it might be found in House Bill 101, which would give companies the option to store inter-office documentation on a private blockchain.

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