Showing posts with label bitcoin. Show all posts
Showing posts with label bitcoin. Show all posts

Saturday, October 27, 2018

The gray mass of the ICO projects: PR-a course and no revolution

The gray mass of the ICO projects

The gray mass of the ICO projects: PR-a course and no revolution


If you are not the first time you hear about ICO-projects, then you will understand exactly what will be discussed in the future. How often are ICO projects that are ready to change our usual world, arranging a technological revolution? Unfortunately, this does not happen often, and not because of the presence of serious technological developments in ICO projects, but rather because of simple speculation over the value of the startup.

ICO projects

Without a doubt, blockchain is a useful development that is already creating a fundamentally new society of the future. Technology is needed right now, and it proves its value. It is universal and applicable in many areas. But it is important to know that the blockchain itself is not a "cure for all diseases".

With the development of the market and the emergence of new ICO projects, competition is growing, and every startup wants to be what is called "the next big thing"abroad. Nevertheless, in a ridiculously large number of cases, developers do not chase an achievable and tangible goal, but pursue a spirit of innovation, trying to apply the blockchain system to everything, even in cases where it looks frankly ridiculous. We will not jump to conclusions, but if such ideas can help our society in the future, then either the market is too niche for them, or the "revolutionary" system of brave businessmen is inapplicable to the current realities and is doomed to failure.

There are a huge number of such ICO projects. Therefore, this article describes only some of the" revolutionaries " of the blockchain industry, whose mission is real, but not practical. Each of them in its own way pushes the idea of changing the world for the better in a variety of areas, but not all of these areas need to be applied to them blockchain technologies. In order to avoid conflicts with the creators of the presented ICO projects, their names were hidden. Perhaps some projects readers will still be able to learn.

Opens our ICO-project list, positioning itself as a global platform for entertainment, combining streaming concerts and performances, social network and its own cryptocurrency. Although the plans of this ICO project stretch very far, now its main goal is the industry of Korean pop idols. Users will be able to book tickets for their concerts, pay for their appearance in various talk shows and advertisements, buy merch and participate in crowdfunding campaigns of artists. Popular words like "full transparency"are included. The only question in this case-why to the already huge industry to fasten the fifth wheel in the form of blockchain? Perhaps the technology needs to produce a "revolution" in the industry of Korean pop idols associated with their forgery. As a result, the capitalization of the project reached $90,000,000.

Continuing the theme of social networks with" unnecessary " technologies of decentralization, we come to the next secret candidate. This ICO project is a service, the cornerstone of which is selfies. The more photos the user publishes, the more cryptocurrency he gets. The earned money can then be spent on various offers from brands cooperating with the company. All anything, but it is doubtful that social networks with one root feature can compete in the market where in this sphere there are already giants, especially even those giants are not insured against possible collapse as we could already see on the example of Vine and Musically. The idea of gamification and promotion in such networks is certainly interesting, but it can be achieved without the blockchain factor, and the oversaturation of the market with such applications does not guarantee success. It should also be noted that the introduction of the blockchain itself is quite expensive: both technologically and financially. In the first case, the problem of scalability and system protection immediately appears. In the second case, there is a difficulty in increasing the payback time of investments.

From social networks on the blockchain, we are moving to another, similar "revolutionary" ICO-project. In it, developers aim to revolutionize the blockchain, simplifying it specifically for the generation of Millennials with their own crypto-wallet and social network, which helps to learn about things happening in the world of crypto-trading. Of course, this seems like a good goal, but only until you look up the dictionary meaning of the word "Millennial". Most of the representatives of this generation are more than twenty or even thirty years old. Almost all of these people have long decided what they need from life, and if they are passionate about the world of blockchain, they already understand many aspects of it and they do not need to find a special service for their generation (which in itself is strange). What is the point of making a special "revolutionary" blockchain for Millennials — remains a big question. There is no doubt only one thing — this project looks like Steve Buscemi in the outfit of a cool student from "Studio 30".

The next ICO project is exclusively for women. Undoubtedly, from the point of view of marketing, it attracts attention with loud statements like "raising awareness about cryptocurrencies among women", but such PR tricks can hardly really increase women's interest in this cryptocurrency. And goals like "become the number one altcoin for women in business" every day seem to cryptocurrency more and more ghostly. The moral here is that it is necessary to concentrate on real women's problems, and not try to fight the mythical "inequality" in the crypto-sphere.

And since we have smoothly switched to attempts to insert the blockchain into real world problems, we will consider a new ICO project that calls for the fight against global warming. Its essence lies in the use of native cryptocurrency for certain contributions in support of different species of animals that are threatened with extinction as a result of climate change. There is only one catch: why do you need your own cryptocurrency? The fight against global warming is a very difficult process that requires cooperation at all levels and in all countries, and it can not be solved by creating a special cryptocurrency. It is strange to believe that this particular cryptocurrency will be in demand by conservationists when there are such kings of crypto-transactions as Ethereum or Dash. That is why the ideas of this "revolutionary", although they carry an important meaning, are unlikely to be truly implemented.

We are moving from climate change to the fight against the shadow economy in prisons. One project offers a revolutionary method of dealing with it-partial legalization and use of blockchain. Of course, it will be very good if prisoners can spend more and legally establish a transparent system of exchange of things and goods in prisons. However, it does not take into account the factor that speculation in prisons can not be completely stopped: it is doubtful that the ICO project provides for the sale of drugs, files and sharpening in its system, but such things will always be in demand in prisons, and partial legalization of trade will not help the situation. Surprisingly, the project currently has a capitalization of about $ 1,250,000.

All considered projects confirm the words said at the beginning of the article that everyone wants to become the "big thing". The immaturity of the blockchain market means that it will try to apply to a variety of areas, even if they do not get along in principle or will not get along in the current realities. It is a disease of every nascent industry. Suffice it to recall the market "Dot Com", when the online store was screwed to any kind of goods without a clear demand for its purchase via the Internet. The Internet has become a part of us in just 20 years.

At the same time, there are really promising projects, and such diversity is by no means a bad thing — every ten shitcoins make one really good project Shine with new colors.

The main thing is to follow the development of the ICO project product, not its marketing, and then it will be easier to find your "unicorn" of the crypto-industry.

Monday, October 15, 2018

Manipulation on major exchanges: Coinbase even overstates the volume of trading

Manipulation on major exchanges: Coinbase even overstates the volume of trading

Manipulation on major exchanges: Coinbase even overstates the volume of trading


The report of the Prosecutor of the state of new York (OAG) "Initiative to ensure the cleanliness of virtual markets" says that several platforms have resorted to artificial increase in trading volume, including Coinbase. On these exchanges there were discrepancies with the actual volumes.

This is a phenomenon of own trading, when the company for its own benefit conducts transactions instead of trading on behalf of its customers for a Commission. Own trading not only provides income, but also serves as a factor in increasing liquidity, For example, the chance to execute a client's order is higher if real buyers or sellers do not place offers. The OAG document says: "Such activities [.....] requires increased customer protection and transparency of transactions to comply with the law."

The problem is that the user can suddenly lose liquidity and generally have a false idea about trading volumes.

The entire text of the investigation is presented in an official document.

Investigation


The new York city Prosecutor's office has checked 13 exchanges, including such large sites as Coinbase and Bitfinex. As a result, five exchanges are seen in unfair trades on their platforms. The volume of trading activity does not correspond to the actual indicators. At Coinbase it is 20% of the wound orders at the expense of transactions on own platform. Some exchanges, such as Kraken, did not participate in the investigation and publicly announced it. OAG States that half of the audited exchanges admitted in an artificial increase in trading volume.

The investigation also considers other factors: service availability via VPN, Fiat pairs, verification.

Another message from Satoshi Nakamoto

What's in Satoshi Nakamoto's new message?

What's in Satoshi Nakamoto's new message?


Members of the crypto community are already aware that in the hash of the first block, the father of bitcoin placed the following lines "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks". Now it turned out that a similar text is duplicated. It contains his version of hex, placed in the code comments.

Each BTC block contains its own coinbase transaction. It is added by cryptocurrency miners when they start to mine the block. It is intended to receive a reward for the extracted block.

The developer has included a second version of the famous headline from the Times in the coinbase transaction in the Genesis block, but it must be read from right to left.

"Sknab rof tuoliab dnoces fo knirb no rollecnahC 9002 / naJ / 30 semiT ehT", — said in the Easter egg.

This summer, the site Satoshi Nakamoto there was a record from an anonymous author. He claimed that he was involved in the creation of bitcoin, and promised to publish a book in the near future, which will reveal all the secrets associated with the emergence of BTC.

Unknown presented " an excerpt of the literary work, consisting of two parts." According to him, the book will be a "short story, which will raise the most common questions and answers."

"I want to give publicity to some facts and names," said anonymous.


Curiously, the author offered readers a cryptogram, deciphering, which will be possible to find out the name of the future work. And, it seems, the work will be called "Honne and tata(e)mae", which in Japanese means "the contrast between the true intentions of man and the external manifestations of these intentions."

The book will feature well-known cryptographers and cipher banks. The author will share information about the fact that the Genesis block of bitcoin, in fact, is not the first block in the blockchain.

Sunday, October 14, 2018

Die 11 besten Dokumentarfilme über Bitcoin

Die 11 besten Dokumentarfilme über Bitcoin



Die 11 besten Dokumentarfilme über Bitcoin


Was ist Bitcoin? Warum braucht er ihn? Wer sind seine Schöpfer? Wie wird es das traditionelle Finanzsystem beeinflussen? Was erwartet die kryptowährung in der Zukunft? Diese Filme werden viele Ihrer Fragen über die Welt der kryptowährung beantworten.

Seit dem Aufkommen von Bitcoin im Jahr 2009 wächst das Interesse daran ständig. Bis heute ist die Kapitalisierung des kryptorynks fast 220 Milliarden Dollar.

Dank Bitcoin wurden die Menschen Millionäre. Aufgrund der Leidenschaft um die kryptowährung nutzten viele Produzenten und dokumentalisten die Gelegenheit und beschlossen, über die vor - /Nachteile dieser Technologie und Ihren Beitrag zur digitalen Revolution zu sprechen. Hier sind die 11 besten Filme über Bitcoin (zuerst ins russische übersetzt).

1. Banking on Bitcoin ("Rate auf Bitcoin»)


Dieser Film ist sehr ähnlich zu the Rise and Rise of Bitcoin (»Aufstieg und Aufstieg von Bitcoin"). Er stellt die Zuschauer mit den ersten Enthusiasten der neuen Technologie vor und betrachtet Ihre Höhen und tiefen. Während des Films versuchen die Autoren, die Frage zu beantworten: ist das Gleichgewicht zwischen Regulierung und Innovation möglich? Der Film diskutiert verschiedene Fragen im Zusammenhang mit Bitcoin und spricht über den Beitrag der Pioniere der Technologie zur Bildung von blockchain. Es wird für diejenigen empfohlen, die sich für das Problem der Regulierung und Innovation in CRYPTO-Mining interessieren.

2. Bitcoin: the End of Money As We Know It ("Bitcoin: Das Ende des üblichen Geldes für uns»)


Da blockchain weitgehend ein Rätsel für ein breites Publikum bleibt, ist der Zweck der meisten Dokumentarfilme eine Erzählung über diese erstaunliche Technologie. In diesem Sinne unterscheidet sich dieser Film nicht von anderen. Es erzählt, wie Bitcoin sich von den anderen Währungen unterscheidet und warum er die Köpfe vieler Menschen eroberte. Sein Dezentrales und glaubwürdiges Gerät revolutionierte den Finanzsektor. Bitcoin hat traditionelle Bank-und Finanzsysteme herausgefordert. Der name des Films ist mit diesem Prozess verbunden. Der Regisseur versucht zu zeigen, wie stark die neue kryptowährung beeinflusst und beeinflusst die traditionellen und uns üblichen Finanzsysteme.

3. The Rise And Rise of Bitcoin ("Aufstieg und Aufstieg von Bitcoin»)


In der Welt gibt es Menschen, die eng mit Bitcoin verbunden sind, die es aktiv kaufen und anwenden. Sie alle werden Ihnen sagen, dass die Entwicklung der kryptowährung mit einer Achterbahnfahrt verglichen werden kann. Die monumentalen Erfolge folgten vernichtenden Dips. Die Reise war völlig unberechenbar, mit unerwarteten Wendungen der Handlung. Der Regisseur versuchte, all dies der öffentlichkeit zu zeigen, daher der name. "Aufstieg und Aufstieg von Bitcoin" ist ein Film, der über die Geschichte von Bitcoin erzählt. Es deckt alle damit verbundenen Ereignisse ab, die jemals in die Schlagzeilen der Medien gekommen sind.

4. Bitcoin Gospel ("Bitcoin Gospel»)


Haben Sie sich für das Gerät Bitcoin interessiert? Wie kann es für Zahlungen verwendet werden? Dieser Niederländische Film sollte eine umfassende Antwort auf diese Fragen geben. Es beginnt mit der Leistung von Bitcoin-Engel Roger Vera. Er erklärt, wie die kryptowährung funktioniert. In der Tat ist der Film dem Leben des Glaubens gewidmet. Es beschreibt, wie es Bitcoin fördert, sowie Bitcoin Mining in China. Darüber hinaus haben die Autoren Informationen über andere bekannte Bitcoin-Enthusiasten wie Andreas Antonopoulos in das Bild aufgenommen. Also dieser Film ist für diejenigen, die besser über das Leben der Bitcoin-Evangelisten lernen möchten.

5. The Bitcoin Story ("Geschichte über Bitcoin»)


Die Handlung dieses Films entwickelt sich schnell. Es enthält alle Geheimnisse, die mit dem auftreten von Bitcoin verbunden sind, und erzählt auch über die Grundlagen der Technologie, des politischen Hintergrunds und der Fähigkeit von Bitcoin, den Finanzsektor zu transformieren. Darüber hinaus haben Regisseure in das Bild der Meinung von Risikokapitalgebern über kryptowährungen aufgenommen.

6. History of Bitcoin ("Geschichte von Bitcoin»)


Der Film erzählt über die Geschichte der Schaffung einer einzigartigen Technologie, präsentiert Varianten seiner Anwendung, und verfolgt die Entwicklung von Bitcoin von der Gründung bis heute.

7. Magic Money « " Magisches Geld»)


Dieser Film wurde geschaffen, um einige der populären Fragen über Bitcoin zu beantworten. Es beschreibt, was eine kryptowährung ist und was Ihre Auswirkungen auf die Gesellschaft ist, beschreibt die Bildung des ersten wirklich globalen digitalen Zahlungsmittels. Bitcoin wird nicht von modernen Finanzinstituten kontrolliert, sondern von Menschen, die es verwenden. Das Bild beschreibt den Ursprung der kryptowährung und Ihr Gerät; es wird untersucht, ob es wirklich ein Schritt nach vorn für die Gesellschaft ist. Die Autoren untersuchen im Detail den mysteriösen Ursprung von Bitcoin und versuchen, seine Zukunft zu präsentieren.

8. The Bitcoin Experiment ("Experiment" Bitcoin′′)


Dieser Film kam im Jahr 2016 heraus und stellt ein Soziales Experiment zur Legitimität der digitalen Währung dar. Die Autoren gingen nach Skandinavien, um zu sehen, ob Sie bereit für Bitcoin ist. Der Film wurde Ihr eigenartiges Tagebuch. Die betrachteten the Bitcoin Experiment weisen darauf hin, dass dies eine ausgezeichnete Einführung ist

Bitcoin. Es zeigt, wie die digitale Währung dem gewöhnlichen Menschen die Freiheit von bestehenden Finanzstrukturen bietet und über die Vorteile dieser revolutionären Technologie spricht.

9. Life on Bitcoin ("Leben mit Bitcoin»)


Bitcoin wird seit seiner Entstehung kritisiert. Einige argumentieren, dass es unmöglich ist, zu Leben, indem Sie alles kaufen, was Sie nur für die kryptowährung benötigen, und Sie vollständig durch Kreditkarten und Bargeld ersetzen. Um das Gegenteil zu beweisen, entschied sich ein familienpaar für ein ungewöhnliches Experiment. Innerhalb von 100 Tagen mussten Sie Leben und nur die kryptowährung bezahlen. Der Film beschreibt Ihr faszinierendes Abenteuer. Die hauptintrige ist, dass Sie das Experiment sofort nach der Hochzeit begonnen haben. Das Bild zeigte deutlich, wie selten die kryptowährung außerhalb der großen Städte vorkommt und wie schwer es war, Verkäufer davon zu überzeugen, Bitcoins als Zahlung zu akzeptieren.

10. Bitcoin Heist ("Entführung von Bitcoins»)


Die Handlung dieses Kämpfers ist auf Bitcoin und Hackern verbunden, die den Stich der modernen kryptowährungswelt nennen. Agent Interpol versucht, den legendären Cyberkriminellen namens Ghost zu fangen, indem er ein Team aus kryptowährungen zusammenfasst. Bald entdeckt der Agent, dass Sie das Konzept wie Ehre nicht kennen.

11. Bitcoin Rebellion-the Beginning ("Bitcoin-Aufstand: Anfang»)


In diesem Bild wird Bitcoin als die sechste größte Innovation in der Geschichte des Geldes bezeichnet. Niemand kontrolliert ihn und niemand besitzt ihn. Der Film wurde im Rahmen des Programms Partnerschaft und Innovation der Singularity University (Singularity University) gedreht.

Saturday, October 13, 2018

10 facts about the blockchain, you don't want to believe

10 facts about the blockchain, you don't want to believe

10 facts about the blockchain, you don't want to believe


Despite the fact that everyone is talking about the blockchain, many have the wrong idea about the possibilities and purpose of this technology.

Even in 2017, the excitement around the blockchain was just huge. People believed that this technology would affect all sectors of the economy, change the face of our planet and simultaneously bring millions to investors in ICO.

All this hype has led some to believe in completely crazy ideas about the blockchain and its capabilities. Many people have the wrong idea about the potential of this technology — they consider it something that it is not really.

Blockchain is just a database with some distinctive features. It allows multiple users to record and share information in real time, with the parties not having to trust each other as the correctness of the records is controlled by the participants receiving the reward in the form of tokens/coins. These features are very specific and really useful only in certain circumstances.

For example, they are perfect for cryptocurrencies like bitcoin — its blockchain allows you to send money to anyone in the world with minimal costs without the need for a Bank or other intermediary.

However, block chains are not really suitable for storing all types of data and certainly should not be used to solve far-fetched problems.

Today we will talk about 10 common myths about the blockchain and its applications (like bitcoin) both from haters and from ardent enthusiasts.

1. Bitcoin isn't the biggest Scam in history, it's not rat poison, and it's not dead


In 2017, against the cryptocurrency were some well-known financiers, including Warren Buffett, Charlie Munger and the head of JP Morgan Jamie Dimon.

Yes, blockchain and bitcoin based on it — like any new revolutionary technology-have their drawbacks. The proof-of-work consensus mechanism consumes huge amounts of electricity; cryptocurrency is actively used for speculation and illegal activities.

But to say that this technology is going to fail is like saying in 1995 that the Internet will not work because it is clumsy and unorganized.

Bitcoin lives and lives for 10 years, although he has repeatedly predicted the death. At first glance it may not seem credible, but says Navale Ravikant:

"Bitcoin is a tool for liberating humanity from oligarchs and tyrants, served as a scheme of rapid enrichment."

Concentrating on the shortcomings of this technology and calling bitcoin a Scam, we completely forget about its advantages and potential.

2. Blockchain will not increase the value of your company's shares


Kodak, Long Island Iced Tea and on-line Plc are excellent examples of using the hype around the blockchain to raise the value of shares. At the same time, none of the companies has anything to do with technology.

3. The blockchain is not a pyramid scheme


Although the financial pyramid on the basis of this technology meet. For example, PonziCoin is a typical Ponzi scheme (and don't mention Bitconnect).

4. Cryptocurrencies are not just for scammers


There have been many cases where investors and companies have suffered from break-ins and scams. This is a big problem for the industry, but not a sentence. It is anonymity-one of the main advantages of the blockchain — that allows hackers and scammers to go unpunished. But this is an unpleasant side effect of the technology, not its task.

Terrorist groups like ISIS (banned in Russia) are looking for recruits on social networks, but this does not mean that we should abandon Facebook and Twitter.

Pablo Escobar was so rich that he burned American dollars to warm his daughter. The entire drug industry is held solely on cash. Does that make them bad?

5. Blockchain is not intended for fundraising


The fact that some unknown company attracted millions of dollars during the ICO does not mean that its behavior should be copied.

The purpose of the ICO is not only to raise funds, but also to distribute tokens between potential users of the project. Ultimately, they must perform a function. If the startup has nothing to do with the blockchain, then the need for tokens disappears. They should not be used for banal fundraising.

6. Blockchain will not change your business


If the company does not have a real need for the advantages that the blockchain can offer, it is better not to communicate with it and store data in the old way.

7. Blockchain will not change absolutely all industries


Heard the phrase"it's like Uber for (a certain industry)"? It's funny, but it even penetrated the blockchain ecosystem. Some companies are literally trying to create Uber on the blockchain.

A small problem with this venture is that not every industry needs blockchain. Let's say you don't like Uber's attitude towards employees, and instead of switching to Lyft, you're inventing a blockchain solution?

"Decentralized, peer — to-peer taxi service" sounds really cool. But this idea completely ignores all the shortcomings of the blockchain.

By definition, there is no Central authority managing the public blockchain. Who will make decisions in such a company? How about dispute resolution? Once the data has been loaded into the block chain and validated, it cannot be changed. Paid for a trip you didn't take? The driver behaved disgustingly and it needs to be reported? Alas, you are not lucky, because there is no one to complain.

What about development? How will a distributed company without executives compete with one of the richest startups in history with a well-established market share?

Even if a decentralized Uber can overcome all the problems and create a working service, how much better will it be? Uber and other similar centralized apps are already working quite well. The alternative will probably fail to exceed them.

The potential benefits of moving many existing industries to blockchain are not high enough for users to decide to change their habits.

8. The blockchain is not intended for sacrifices of Cthulhu


We will just leave this link here and not go into details.

9. Blockchain is not a platform for memes


10 facts about the blockchain, you don't want to believe
Dogecoin is the most famous cryptocurrency-meme. It was created on the bitcoin code base in 2013 as a joke, but this did not prevent its capitalization from growing to $ 2 billion last year.

10. Blockchain is not useless


Unless, of course, a token based on it was created intentionally.

So what is blockchain?


We have listed all the cases for which the blockchain is not suitable. Now it is time to talk about the scope of its potential application. The blockchain will fit perfectly into the project that needs:

  • Distributed and immutable database;
  • Supports multi-user recording;
  • Does not require trust between the parties;
  • Able to eliminate unnecessary intermediaries;
  • Able to provide consensus and verification.
  • Money fits perfectly into this category. Cryptocurrencies such as bitcoin meet the above criteria and are perfectly compatible with the blockchain.

Unfortunately, at the present time there are not so many other areas that are suitable for mass application of the blockchain. This does not mean that they will never be — we just have not found them yet.

Summing up, we can say that blockchain is a useful technology, but it is not a Savior of business, economy or humanity. We all need to know the true potential of this technology and understand what it can actually achieve.

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years


What fate awaits the current market leaders, if only two of the top 10 cryptocurrencies of 2013 could remain in the list?

Since its birth in 2009, bitcoin has dominated over other cryptocurrencies. Over the years, his example has led to the emergence of numerous altcoins, whose trends, value and value were determined by the dynamics of the oldest and most famous cryptocurrency.

May 26, 2013 on the website CointMarketCap was only 15 cryptocurrencies. Their total capitalization slightly exceeded $ 1.5 billion.

Forbes magazine called 2013 the "year of bitcoin". In that year, the cryptocurrency won the hearts of many investors, hit the headlines and was ahead of the price of gold, reaching a price of $1,242 per coin.

The interest in bitcoin has jumped. Thematic conferences, forums and seminars have started to be held. Some considered cryptocurrency a Scam, others-a promising and attractive project. The truth is that both positions were surprisingly convincing. And-due to the high volatility of the crypto currency in the following years, the attitude towards it was constantly changing.

Here's what the top 10 cryptocurrencies looked like in 2013 — and in what condition they are today.

1. Bitcoin


2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
On January 3, 2009, Satoshi Nakamoto received the first 50 bitcoins (Bitcoin) for generating the Genesis block. In subsequent years, his brainchild has experienced many UPS and downs and is still famous for its extreme volatility, high risk and resistance to interference of the authorities and financial regulators.

In 2013, the total value of bitcoin was $ 1.477 billion, and it still remains the largest cryptocurrency with a capitalization of $ 114 billion.

2. Litecoin


2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Peer-to-peer cryptocurrency is open source, allowing instant payments to any country in the world. Litecoin was founded on October 7, 2011 by former Google employee Charlie Lee. Surprisingly, just 24 hours after the start of trading, the value of the cryptocurrency soared twice. In November 2013, its market capitalization has reached $ 1 billion. However, then the second place in the list was taken by another project, Ethereum.

Currently, the capitalization of litecoin (LTC/USD) is 3.4 billion dollars; it is on the seventh position in the list of the largest cryptocurrencies.

3. Namecoin


2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Namecoin is another cryptocurrency based on the Proof-of-Work consensus algorithm. It is distinguished by separate data storage in the blockchain. Namecoin appeared on April 18, 2011 after a preliminary discussion at the Bitcointalk forum, which started in December 2010. In may 2013, the total cost of Namecoin was 5.3 million dollars.

Currently, the cryptocurrency, is situated on 126-e a place in the list with a market capitalization of 36,455 million dollars. Its third place in the ranking is now for Ripple (XRP/USD) with a capitalization of 19 billion.

4. Peercoin


2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Peercoin uses Proof-of-Work and Proof-of-Stake algorithms. In 2013, the cryptocurrency was on the fourth place in the list of the largest. Peercoin was developed as the most secure and secure digital currency. For its storage, a reward of 1% per year was supposed, while Peercoin could also be mined with the help of mining.

Today, the fourth place in the ranking is Bitcoin Cash (Bitcoin.Cash). It appeared in August 2017 as a result of bitcoin fork and was designed to speed up and facilitate transactions. Peercoin moved to the 190th line.

5. Novacoin


2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Novacoin introduced some unique features of the generating units that have separated target limits. The author of the crypto currency is a Balthazar, in 2013 its total cost was 1,198 million dollars. Today, the project is almost dead (at CointMarketCap it ranks 366th), and some signs indicate that it is a fraudulent project.

Today, the fifth place in the ranking of cryptocurrencies is EOS (EOS/USD), launched in June 2018 after an ICO lasting 12 months.

6. Terracoin


2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Unlike bitcoin, the blockchain Terracoin in 2012 provided increased security and speed of transactions. In may 2013, the total value of the cryptocurrency was $ 0.919 million. In July of the same year, it was hacked and the reputation of Terracoin was destroyed. Hackers managed to increase the speed of network hashing and put it under control.

Today, Terracoin is on the CointMarketCap 730th place, and the sixth position in the list of the largest cryptocurrencies from Stellar with a capitalization of 4.6 billion dollars.

7. Devcoin


2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Devcoin was introduced in 2011. This project tried to create a cohesive community of developers, programmers, musicians, writers and filmmakers.

In 2013, its capitalization grew to $ 0.9 million, along with popularity. Then the project began to fade away until finally died. Currently, the seventh place in the list is litecoin, five years ago, the former second.

8. Freicoin


2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Freicoin developers followed in Satoshi Nakamoto's footsteps and created a cryptocurrency based on the Proof-of-Work algorithm. The project was distinguished by the original model of mandatory redistribution of coins on the network.

In 2013, its capitalization was 0.669 million dollars; in 2018, it shows no signs of activity. Its eighth position is now occupied by a stable cryptocurrency Tether with a capitalization of 2.6 billion.

9. Feathercoin


2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Feathercoin was conceived as an improved version of bitcoin based on litecoin and using a similar decentralized blockchain. Four months after its introduction, the total value of Feathercoin reached $ 0.658 million. Currently, the project does not feel too good, occupying the 370th line with a capitalization of 8,798 million dollars.

Its place in the list is now taken by Cardano, a cryptocurrency seeking to rid the industry of problems with scalability, stability and compatibility of blockchains. Its market capitalization is $ 2.2 billion.

10. CHNCoin


2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
As Feathercoin, CHNcoin based on lateline. In may 2013, CHNcoin closed the list of the ten largest cryptocurrencies with a capitalization of 0.367 million dollars. The project is long dead. Today, 10th place goes to Monero (XMR/USD) — another open source cryptocurrency. At the moment, the total cost of Monero is 1.8 billion.

In 2013, the cryptocurrency of the list of the top 10 were of great interest, however, only two managed to stay in it in 2018. Digital currencies suffer from FUD (fear, uncertainty and doubt) and FOMO (fear of missing out on your chance). FUD has a strong negative impact on projects, spreading rapidly through forums and social networks.

The future of cryptocurrencies depends on regulation in different countries. We will have to be patient to find out which cryptocurrencies will be among the winners and achieve mass recognition.

Der Weg nach oben: 12 überzeugende Gründe, dass Ethereum wachsen wird

Der Weg nach oben: 12 überzeugende Gründe, dass Ethereum wachsen wird

Der Weg nach oben: 12 überzeugende Gründe, dass Ethereum wachsen wird


Ethereum ist eine sehr vielschichtige Plattform, deren Aussichten praktisch Grenzenlos sind. So glaubt Lane Rettig, Gründer von CRYPTO NYC. In seiner jüngsten Veröffentlichung auf Medium führte Rettig 12 Beweise, dass für Astraleums alles gerade erst beginnt. Das Gespräch wird nicht über die Marktkapitalisierung oder den Preis der Münze gehen. Der Experte achtet nur auf die grundlegenden Faktoren - das Wachstum des kryptowährungs-ökosystems und seine Anwendung.

Inhalt


1 Grund #1: alles geht nach Plan
2 Grund # 2: Maker funktioniert
3 Grund #3: Brieftaschen sind noch besser geworden
4 Grund # 4: Loom Network
5 Grund # 5: Entwicklung neuer Ethereum-Kunden
6 Grund # 6: stacking bringt Geld
7 Grund # 7: Entwicklung des Konsenses innerhalb von Ethereum
8 Grund # 8: Bildungsressourcen
9 Grund # 9: Entstehung von Fonds
10 Grund #10: DApps finden praktische Anwendung
11 Grund Nr. 11: funktionierende mikrozahlungen
12 Grund #12: Astraleums Gemeinschaft

Grund #1: alles geht nach Plan


Astraleums Roadmap wird allmählich in die Realität umgesetzt. Sharding, Casper, Ewasm und andere Verbesserungen sind nicht mehr nur eine Theorie, sondern ein fast fertiges Projekt. Die einzelnen logischen Blöcke sind gebildet, und das Ethereum Foundation-Team beendet die Arbeit an kleinen Details.

In letzter Zeit haben sich viele talentierte und vielversprechende Persönlichkeiten den Entwicklern angeschlossen. An Der Schaffung von Proof-of-Concept Ethereum 2.0 arbeiten Teams mit guter Finanzierung.

Ich werde eine kühne Aussage machen: es gibt keine unüberwindlichen Hindernisse für Entwickler.

Die Skalierung des Astraleums ist nur eine Frage der Zeit.

Grund # 2: Maker funktioniert


Nicht nur Tether kann uns mit steeblecoins versorgen. Dies gelingt auch dem Maker-Projekt, auf dessen Plattform das Dai-Token veröffentlicht wird. Sein Preis entspricht einem Dollar. Zwischen USDT und Dai gibt es einen wichtigen Unterschied — Dai wird von Ethereum-basierten Smart contracts bereitgestellt, während Tether von der Währung in einer zentralen Organisation unterstützt wird.

Wie hat Maker in einem Bärenmarkt überlebt? Das Projekt verwendet einen Mechanismus für gesicherte schuldenpositionen (CDP) und andere externe wirtschaftliche Anreize. Während all dies funktioniert, funktioniert es dezentralisiert. Wir werden erinnern, Tether im letzten Jahr hat es geschafft, viel Lärm wegen Gerüchten über die unvollständige Sicherheit von USDT-Tokens zu verursachen.

All dies funktioniert auf der Grundlage von Astraleum. Investoren interessieren sich allmählich für Maker und genießen Dai als Ersatz für Tether.

Grund # 3: Brieftaschen sind noch besser geworden


Viel, viel besser. Denken Sie nur, was wir vor einem Jahr hatten und was wir jetzt haben: Coinbase Wallet, Wallet, Trust Wallet, Cipher Browser und Status. Die Schnittstellen der Geldbörsen werden ständig aktualisiert, so dass unerfahrene Benutzer viel einfacher sind, die Prinzipien der Weiterleitung von kryptowährungen zu verstehen.

Jetzt ist es bereits möglich, den Balance Manager herunterzuladen, bald wird es auch viele andere interessante Anwendungen für die Speicherung von Astraleum geben. Die gleiche Wallet Connect verfügt über einen opensorstandard, mit dem Sie Mobile Wallets mit einem PC verbinden können.

Grund # 4: Loom Network


Im Juni startete das Team sein erstes Projekt namens Plasma Cash, das es ermöglichte, ERC-721-Token auf Loom-Seiten zu verwenden. Jetzt hat das Startup ein vollständig funktionierendes Zombie Battleground-Spiel, das auf der Grundlage der Plasma-Implementierung funktioniert. Das Kartenspiel wäre ohne Astraleums unmöglich, viele Spieler werden es nicht einmal erraten!

In ZB präsentiert ein sehr vielversprechendes marketingmodell-Entwickler haben es geschafft, müde in-game-Käufe zu vermeiden. Stattdessen haben Sie ein Provisionssystem eingeführt, das den Spielern noch sehr gefällt. Statistiken sprechen für sich selbst-die Anzahl der aktiven Nutzer Zombie Battleground über 100 tausend.

Grund # 5: Entwicklung neuer Ethereum-Kunden


Mehrere Kunden wurden in den letzten Monaten veröffentlicht: Nimbus, Pegasys und Lighthouse. Alle von Ihnen wurden von Profis in Teams mit guter Unterstützung und Finanzierung entwickelt.

Jede dieser Ideen hat Ihre eigenen Eigenschaften. Zum Beispiel ist Nimbus für Mobile Geräte optimiert, und Pegasys hat eine vollständig modulare Struktur, die in Java läuft. Mehr Entwickler und Forscher werden dem Prozess der kundenerstellung beigetreten, was bedeutet, dass wir schließlich mehr Dezentralisierung in Ideen, Roadmaps und Baga-Resistenz erhalten.

Grund # 6: stacking bringt Geld


Das Konzept des stacking für eine Person, die weit von der kryptowährung entfernt ist, sieht ziemlich lächerlich aus, als wäre es «Geld aus der Luft zu schaffen». In der Tat hat das Thema ein enormes Potenzial.

Ich habe Mehrere livepeer-Token an den Transcoder delegiert. Der gesamte Prozess dauerte nur ein paar Momente, und dann kann man die Token für eine Weile vergessen. Nach 102 Runden steaking (etwa 13 Wochen) bekam ich 11,82 LPT Gewinne. Das sind 189 Prozent des jährlichen Gewinns.

In Bezug auf die Wirtschaft wird das steaking-Einkommen mit der Ankunft neuer Menschen in die Industrie allmählich sinken. Wenn Anleger jedoch mehr Auswahl in steaking-Projekten haben (einschließlich Ethereum selbst), wird dieser Prozess eine ausgezeichnete Alternative Altersvorsorge für Millionen von Menschen sein.

Grund # 7: Entwicklung des Konsenses innerhalb von Ethereum


Es ist schwierig, ein so großes Projekt zu verwalten, aber in den letzten Monaten haben wir einen großen Schritt vorwärts in dieser Angelegenheit erlebt. Entwickler haben es geschafft, einen Konsens über mehrere EIPS zu erreichen, den blockpreis zu reduzieren und die Details des Constantinople hardforks zu diskutieren. Es gibt weiterhin Diskussionen über die Stabilität des Ethereum-Netzwerks gegen ASIC-Mining und die änderung des Proof-of-Work-Algorithmus.

Vor dem hintergrund seiner «Konkurrenten» sieht Ethereum sehr gut aus. Bitcoin-entwicklervereinbarungen sind in das auftreten von fast nutzlosen Gabeln (und Bitcoin Cash) gegossen. EOS erlebt auch nicht die besten Zeiten-das Projekt hat ernsthafte Probleme mit der Dezentralisierung.

Grund # 8: Bildungsressourcen


In diesem Jahr hat der junge Entwickler Karl Flores den Cryptoeconomics-Service geschaffen.study, die einen kostenlosen vollständigen Open-Source-Kurs bietet. Und in der Zwischenzeit erscheinen Hunderte von interessanten Materialien über blockchain auf Blockgeeks.

Andreas Antonopoulos wird bald Mastering Ethereum veröffentlichen, das auch opensorisch sein wird. Wenn Sie eine eigene DApp erstellen möchten, gehen Sie einfach zu Den chainshot-Kursen, hier können Sie die Solidity-Programmiersprache selbst lernen. Die spielerische Variante des Kurses ist in Ethernaut vom Zeppelin-Startup verkörpert.

Darüber hinaus wird das lernen von Krypta und blockchain allmählich auch in den Top-Bildungseinrichtungen der Welt eingeführt.

Grund # 9: Entstehung von Fonds


Fonds für Ethereum-basierte Investitionen erscheinen noch schneller als Sie sich vorstellen können. Traditionelle Möglichkeiten, Risikokapital zu verteilen, haben ernsthafte Konkurrenten: Stable Fund, ECF, Status Incubate, EF grants, ETHPrize und Aragon Nest.

Der Prozess der Investition durch diese Projekte kann langsam sein, aber es verbessert sich jeden Tag. Es ist auch erwähnenswert, die Bounties-Systeme von Gitcoin und Bounties Network.

Grund # 10: DApps finden praktische Anwendung


Das Ethereum-ökosystem kann endlich einige Orte ersetzen, um die traditionellen Web2-Anwendungen und Dienste, die wir jeden Tag nutzen, zu ersetzen. Slack, GMail, Twitter und Reddit haben bereits dezentrale alternativen.

Natürlich, während diese DApps wie Spielzeug Aussehen. Sie haben begrenzte Möglichkeiten, und nicht viele Menschen nutzen Sie jeden Tag. Dezentrale Anwendungen haben jedoch ein enormes Wachstumspotenzial in der Zukunft.

Grund # 11: funktionierende mikrozahlungen


Im Rahmen des Dienstes beginnt SpankChain ein funktionierendes ökosystem zu schaffen. Das Entwicklungsteam verbessert das Projekt weiter und schreibt ständig Informationen über den Fortschritt der Updates im Medium. Sie haben eine eigene Website mit Live-Streaming, Chat und micropayments auf Basis von Ethereum erstellt.

Kürzlich hatten Sie ein eigenes System zum stapeln von SpankBank-Tokens, und bald werden die Projektteilnehmer in der Lage sein, Token an der internen Börse zu handeln. SpankChain löst das eigentliche Problem, mit dem Modelle in der Erwachsenen-Entertainment-Industrie konfrontiert sind. Früher wurden Ihre Bankkonten oft wegen unbestätigter Einnahmen eingefroren. Jetzt können Sie anonym und sicher verdienen.

Grund # 12: Astraleums Gemeinschaft


Community kryptowährung nahm mehrmals für dieses Jahr. Um dies zu sehen, nur zu einer Vortragsveranstaltung EthCC oder хакатоны ETHGlobal und ETHBerlin. Unity ist mehr als nur Technologie. Es erwirbt alle Anzeichen einer völlig unabhängigen sozialen oder sogar politischen Bewegung.

Wenn in absehbarer Zukunft immer noch «der Mörder des Äthers " erscheint, ist es unwahrscheinlich, dass er in kurzer Zeit die Popularität und Wertschätzung seines Konkurrenten erreichen kann. Die Ether-Einheit besteht aus Missionaren und nicht Söldnern. Nun, und noch ein paar Regenbogen und Einhörner.

Monday, September 17, 2018

Revolution in the field of mining


The monopolist of the mining market Bitmain is folds

Found a competitor-the firm Bitewei, which was founded by Yang Zosin, once a leading engineer Bitmain.
The monopolist of the mining market Bitmain is folds

Bitmain was at risk


Now Cosin controls BitWei Technology Co., Ltd. and intends to market (in conjunction with Pangolin) modern ASIC miner WhatsMiner M10 (M10 ShenMa) on the basis of 16нм-technoprogressive. His competence has already helped to optimize the performance of 16-nm chips WhatsMiner M10 so that the ergonomic performance they are not inferior to 7nm-processes.

"Bitmain then vaguely imagined what I was going to work on next, they were not aware of the details. These were next-generation designs that were different from anything I had created earlier, working on the S7 and S9. Probably, it is difficult to try to optimize, improve and implement other people's developments without knowing the original idea of the Creator. Technology is not static, it is constantly evolving. It is due to the fact that Bitmain was not able to realize this process in time, The company has not presented any competitive innovations in the field of mining since then," the developer said.

After zoxing left the giant company, He decided to start his own project.


"In order for the new company to reach the same scale and achieve the same impact as Bitmain, It will need to prove the performance of its business model and resistance against all the pitfalls of the market. It does not hurt and just luck. It is difficult to conquer the mining market, especially when there are only 4 million bitcoins left to be mined," said Obelisk Manager David Warwick.

However, Bitmain will not be so easy to win. The Chinese company still holds the palm. The world's largest manufacturer of equipment for the extraction of digital currencies after the pre-IPO reached a capitalization of $ 15 billion. This happened in August this year.


Mining Investors go to HDD Mining


Investors of the company were the largest co-owners of Uber-Japanese Softbank and Chinese IT giant Tencent. The latter is the developer of the popular platform in China WeChat. It has more than 1 billion users and is ahead of Facebook in terms of capitalization.

An IPO is due to take place soon, and the shares of the mining giant will be placed on the Hong Kong stock exchange. The company hopes to reach $ 30 billion. Earlier, representatives of Bitmain reported 1 billion net profit for the first quarter of this year. Earlier, the manufacturer completed a series b financing round, after which the company's value rose to $ 12 billion.