Aion's token may have grown up on the ethereum blockchain, but it's moving out.

The Aion network has been built to foster interoperability across blockchains. One of the key tools to this functionality is the network's "token bridge," which is designed to allow tokens to move between chains.

The first token bridge will work between the Aion network and ethereum, on which its token currently operates.

Rather than using a smart contract to hold copies of tokens, as pairs of networks like Kik's new chain and ethereum will do, Nuco has proposed actually destroying tokens as they move - put simply, so there really is only one token at a time.


According to Matt Spoke, CEO of Nuco - the company founded by Deloitte alums that's behind Aion - the bridge then "issues an AION [token] on the other side."

"It's a micro-network, it's a collection of nodes that's decentralized, there's multiple participants, and those other nodes on the network are acting honestly, but that bridge is responsible for agreeing they witnessed the event," Spoke went on to say. "That's the function that we built in."

Ethereum will come first, according to Spoke, but the plan is to extend it across all blockchains.

"The design of the bridge is going to get more and more generic over time. We want that to communicate with any other blockchain," he told CoinDesk.

The token bridge is Aion's next step on its roadmap, following the launch of its mainnet at the end of April.

Source: https://www.coindesk.com/aion-launching-token-bridge-connect-blockchains/

I did not find such a branch anywhere. If not right, give a reference. In the meantime, I propose to share here any information on the addition of old and new coins to old and new exchanges.

     Gemini listed Zcash

Yesterday, Gemini Trust Company, LLC (Gemini) announced support for Zcash trading and custody. This marks only the third virtual commodity added to the Gemini platform, after bitcoin and ether. Gemini states that this “makes Gemini the first licensed Zcash exchange in the world,” and “NYDFS the first regulatory agency in the world to supervise Zcash.”

Source: https://blog.z.cash/gemini-announces-support-for-zcash/

Blocknet has confirmed in a tweet yesterday that Litecoin (LTC) is now matching with the Blocknet protocol. This infers that LTC can now function in a cross-blockchain decentralized application (dApps).

In a separate message on Blocknet’s medium page, a socio blogging platform, it was stated that “Litecoin is compatible with the Blocknet Protocol, it can be used in cross-blockchain dapps such as a payment processor that will allow payments accepted in Litecoin to be paid for in any other currency or vice-versa.”

The Blocknet Protocol is a true peer-to-peer protocol between nodes on different blockchains, it gives room for data and value to be transferred between blockchains and at the same time opens the door to cross-chain dapps.

Blocknet has been developing its community since 2014 with the aim of providing a decentralized governance system and open source code that makes sure every blockchain is free to interact without centralized entities. Blocknet has Block DX, the first Dapp that is built on the Blocknet Protocol. It is a decentralised exchange which enables trading freedom for connected blockchain communities.


Litecoin In the Market.

The cryptocurrency space has witnessed ups and downs in recent time, with Litecoin surging in the cryptospace due to this. Today, Litecoin is just starting to go in the crypto market. The coin is increasing in the last 24 hours with 5.75% and has depreciated in the last 7 days by 14.57%. at the time of writing, the market value of Litecoin is $145.57, and it has a market cap of $8,226,912,063.

Abra Lists Litecoin

The well-known cryptocurrency wallet Abra has aired that it has listed Litecoin. According to a recent tweet by Abra’s CEO, Bill Barhydt, the mobile app will now support withdrawal and deposit of Litecoin (LTC). It will also support USD wire transfers in its news update.

Conclusion: While LTC has been ousted out of its position by EOS, there is hope that it will soon return to the first 5 coins in the crypto market.

Source: https://ethereumworldnews.com/litecoin-ltc-now-functions-in-a-cross-blockchain-decentralized-application/

Новые криптобиржи открылись в Корее, Таиланде, Вьетнаме и на Филиппинах!!


Южнокорейский разработчик игр Axia Soft Co. LTD анонсировал запуск криптобиржи под названием Coinbit. В честь своего открытия платформа предлагает всем клиентам нулевую комиссию до конца мая.
По словам руководства Coinbit, сначала будет добавлено около 50 криптовалют, но уже к концу года это количество достигнет 100. В числе поддерживаемых электронных монет — Bitcoin, Ripple, Ether, Bicoin Cash, Etherium Classic, Litecoin, Waves, Stox, Eos и т.д.
Ранее криптобиржа Jibex открыла свой офис в Таиланде. Платформа запущена ИТ-компанией JIB Computer Group Co. LTD. Сначала будет поддерживаться только пять популярных криптовалют, в дальнейшем список будет расширен. Криптобиржа также установила приветственное поощрение своим новым клиентам. До 26 июня текущего года не будет взиматься плата за обслуживание.

Криптобиржа Kenniex запущена во Вьетнаме (Хошимин). На сайте платформы сообщается, что это первая биржа в стране, у которой есть торговый офис, где клиенты могут протестировать услуги, а также получить рекомендации и консультации специалистов. Поскольку транзакционный сбор на криптобирже составляет 0,4%, то в первый месяц работы установлена ставка 0,2%.

Кроме того, южнокорейские компании Glosfer и Coinvil объявили о запуске совместной платформы на Филиппинах.

Source: https://ituber.me/novye-kriptobirzhi-otkrylis-v-koree-tailande-vetname-i-na-filippinax/

In Venezuela, opened a 7-star hotel, the rooms offer a magnificent view of Caracas (the capital of the country) and the coast of the Caribbean Sea. The price level of the new landmark is not advertised, but, based on the "star" status, we can assume that it will be very, very immodest.

However, Humboldt is interesting not only for exclusive and non-standard architectural solutions (a 19-storey tower at an altitude of 2140 meters above sea level), but also a form of payment. The hotel accepts exclusively ... El Petro - the national currency of Venezuela. In this coin, Nicholas Maduro sees salvation for the country's deep-rooted economy.

Source: https://news.bitcoin.com/sole-seven-star-hotel-in-venezuela-to-accept-only-petro/

Red Pulse (RPX) will distribute SPOT tokens to all its holders, during the May 14-20 period. The Red Pulse project has chosen Spotcoin for its first airdrop. Spotcoin aims to build a clearing house for fiat to crypto trading, a still rare commodity in the world of digital assets.

Read more: https://cryptovest.com/news/red-pulse-rpx-announces-first-airdrop-of-spot-asset/

Canaan Creative, China’s second-largest Bitcoin (BTC) mining hardware manufacturer plans to seek an Initial Public Offering (IPO) on the Hong Kong Stock Exchange. The company’s decision to conduct an IPO in Hong Kong, instead of in the US, was reported by South China Morning Post (SCMP).

If successful, the company would reportedly be the first ever blockchain-related company to be listed on the city’s markets, SCMP states further.

Sources familiar with the matter, who asked to remain unidentified because Canaan’s listings plans have not yet been made public, told SCMP that the company is seeking to raise $1 bln for its IPO, and that it had previously been considering both Hong Kong and US markets.

According to SCMP, in 2016, Canaan had sought to list an IPO on China’s yuan-denominated A-share market, but the attempt fell through after regulators contested the deal’s proposed valuation. In 2017, the company again attempted a listing on China’s “New Third Board” market, which again fell through, even though the market targets startups and is relatively less stringently regulated.

Canaan Creative is based in the eastern Chinese city of Hangzhou, and the company released unaudited results in January that showed a 600-fold increase in its annual net income of 410 mln yuan ($64 mln) in 2017. SCMP states that the majority of Canaan’s clients come from China, a country that has long been a crypto mining superpower due to its cheap electricity supply.

In 2017, China was reported to have filed the most patent filings for blockchain technology of any country in the world, and the country is alleged to have accounted for 50 to 70 percent of BTC mining worldwide that same year.

However, toughened regulatory crackdown on the crypto space by Chinese authorities, including plans to potentially restrict the power use of BTC miners in future, could significantly impact the landscape in which Canaan and its rival, BTC mining manufacturing giant Bitmain, are currently operating. The latter has already attempted to circumvent Chinese restrictions by extending its operations to Canada, Switzerland and Singapore, as well as, although unconfirmed, potentially the US.

Source: https://cointelegraph.com/news/chinas-2nd-largest-bitcoin-mining-hardware-producer-plans-to-launch-1-bln-ipo-in-hong-kong

Цифровой производитель смарт-банкнот запустил банкноты биткойна в одном из магазинов в Сингапуре. Созданны они были для того, чтобы сделать владение и распространение криптовалют таким же простым, как использование бумажных денег. В настоящее время они доступны в номиналах 0,01 и 0,05 BTC.

Источник: https://news.bitcoin.com/bitcoin-smart-banknotes/

Bitcoin Private is a recently created “fork-merge” of ZClassic and Bitcoin that is decentralized, open-source, fast, community-driven, and private.

Bitcoin private was created to give users the ability to spend their coin with complete privacy and all the benefits of blockchain technology. The team behind Bitcoin Private created it as an improvement over both ZClassic and Bitcoin, keeping the weaknesses and failures of both in mind.

While there is a core team leading the Bitcoin Private project, due to the community focus and open source nature of Bitcoin Private it actually has more than 200 contributors at present, and anyone can join the team and make a contribution. In fact, there are 20 developers who joined in the 30 days just prior to the fork-merge.

How Is Bitcoin Private Different
Bitcoin Private was made faster than Bitcoin,  with a block time of just 2.5 minutes, and has a larger block size of 2Mb. In addition, it uses the ASIC resistant Equihash proof-of-work algorithm, which also makes it friendly for home miners using their GPU.

And as I mentioned above, Bitcoin Private is far more community driven than almost any other cryptocurrency project. It’s actually ground-breaking and the first project of its kind, showing the blockchain community just how malleable a UTXO set can be.

The Bitcoin Private snapshot was taken on February 28, 2018 and at that time holders of both Bitcoin (BTC) and ZClassic (ZCL) received Bitcoin Private (BTCP) at a rate of 1:1 or 2 BTCP for every 1 BTC + ZCL held in their wallets.

Here is a chart from the Bitcoin Private team showing the improvements made in Bitcoin Private versus other Bitcoin forks:

Bitcoin Private Comparisons
Image source: Whitepaper
What Are Some Advantages of Bitcoin Private
There are a number of advantages that have been baked into Bitcoin Private, not just in comparison with Bitcoin, but in comparison with other cryptocurrencies in general. Of course the biggest benefit is the privacy created in Bitcoin Private, which comes from the same zk-snarks technology that was used for ZClassic and its predecessor ZCash.

IQ Option Trade Credit Card
Using the zk-snarks technology any payments get published to the blockchain for transparency, but the transactional metadata that would identify the sender and recipient remain unreadable.

The decentralized nature of Bitcoin Private provides an additional advantage, just as it always has with Bitcoin itself. The decentralization allows support for peer-to-peer transactions, ridding users for the need of an intermediary to transactions, as the network nodes provide validation for all transactions via cryptography and then record them to the public blockchain ledger.

Bitcoin Private has improved on Bitcoin however. It has a larger block size, and is faster than Bitcoin while still providing anonymity to users, as well as better security than other Bitcoin based cryptocurrencies.

If all that isn’t enough, Bitcoin Private was built as an open-source community driven project, with the full source code of the project always available and viewable by anyone at all. The community includes team members from across the globe, with a variety of different skill sets. This allows people from diverse backgrounds to contribute to the project in a way that best suits their knowledge, skills and training.

Finally, Bitcoin Private starts off fair, without a founder’s reward or pre-mine as was included in the original ZCash. Instead, coins are distributed fairly on a 1:1 basis for those who hold ZCL and BTC. That said, there has been some controversy surrounding this airdrop.

The Bitcoin Private Hard Fork
A hard fork is when an existing cryptocurrency has its blockchain split off into a new blockchain. All the previous entries are kept, but once the split occurs the new blockchain is a separate entity.

The mechanism for this is usually a change to the code in the blockchain. Bitcoin Private is a unique case, as it was created by a merge-fork in which Bitcoin and ZClassic were co-forked to create the brand new Bitcoin Private.

Bitcoin Private Fork
Image via btcprivate.org
The fork occurred on February 28, 2018. A snapshot of all existing Bitcoin and ZClassic holdings was taken, and the newly created Bitcoin Private was distributed in a 1:1 airdrop. For example, if you held 0.5 BTC and 100 ZCL at the time of the snapshot you would have received 100.5 BTCP.

Some users have complained that the airdrop heavily favored existing Bitcoin and ZClassic whales, with 20.3 million of the eventual 21 million coins being distributed in the airdrop. This, some say, is hardly decentralized.

Bitcoin Private Price Trend
Bitcoin Private saw its price soar immediately following the airdrop, trading as high as $86.20 within a week of the main net going live on March 3, 2018. From there the price declined as it got caught up in the overall bearish trend in cryptocurrencies and it reached a low of $14.53 in early April 2018.

Since then it has seen a surge higher, and is trading above $56 as this is being written on April 23, 2018. The price momentum is currently strongly higher, and if the strength in the altcoin market continues there’s no telling how high the price could go. It is currently the #24 coin by market cap on Coinmarketcap.com.

Bitcoin Private Wallets
There are a few alternatives for storing your Bitcoin Private. The first is a full-node wallet that works with Windows, Linux and Mac OS. There is also an Electrum wallet for each of the previously mentioned operating systems. For greater security you could create a paper wallet to store your Bitcoin Private, and there is an iOS version of the Coinomi wallet currently in development.

How to Claim Bitcoin Private
As you’ll see when visiting the official Bitcoin Private.

“Warning : We have received many reports of scam sites asking for seeds, private keys, or claiming to be our official wallet. You should never input your private key to any website. BTCPRIVATE.ORG is the only official website for our community..”

By this time I imagine nearly everyone has already claimed their Bitcoin Private, but if you haven’t it’s still possible. Claiming your BTCP will depend on which wallet you choose to use. No matter which wallet you do choose to use, the Bitcoin Private team recommends moving your Bitcoin and ZClassic to a new address before claiming your BTCP coins for security reasons.

Full Node Wallets
You can download the full node wallet from GitHub here. Note that you will need the latest version of Java before you begin. Instructions for claiming your BTCP with the full node wallet can be found here.

Electrum Wallets
You can download the Electrum wallet on GitHub here.

If you have an Electrum wallet, you should unzip and then run the Electrum executable. From there, create a new wallet. Enter “wallet,” then “private keys,” and finally “sweep.” Enter your private keys, then sweep the BTCP into your new address.

Mining Bitcoin Private
If you’re interested in mining you should know that it is possible to mine Bitcoin Private at home using your computer GPU. There’s even an official BTCP mining pool you can join that is run by the developers. There are also several other pools available to join.

Some are sponsors of the BTCP project, while others have already been verified by the BTCP developers and are known to pay, while still others are unverified and are not recommended. You can find the list of available pools on the Bitcoinprivate.org website.

In Conclusion
Bitcoin Private is a cryptocurrency like any other, but since it is a fork-merge of Bitcoin and ZClassic it has some desirable features that make it superior to many other cryptocurrencies, such as the privacy and community focus of the coin.

If you were fortunate enough to have both Bitcoin and ZClassic in your wallet when the hard fork occurred you are able to claim Bitcoin Private as an airdropped coin. The project remains completely decentralized and transparent, with a large community of developers and the ability to easily see the source code for the project.

And because BTCP was designed to be ASIC resistant it is an excellent coin for home miners, especially given the upward trend in its price.

Source: https://www.coinbureau.com/education/bitcoin-private-btcp/

Ambitious plans were unveiled today that will enable San Marino to become one of the leading blockchain (decentralized ledger technology) hubs in the world.

San Marino Innovation, the Republic of San Marino Innovation Institute, has confirmed the creation of a joint venture with Estonian-based Polybius, which provides for the incorporation of a new company under San Marino law aimed at developing a first of its kind blockchain ecosystem. Olympus Advisors, led by Samir Mastaki, played an instrumental role in harnessing this partnership.

Work will begin immediately on the drafting of an all-encompassing legislative framework for the blockchain industry, capitalizing on the unique intent of the Republic to become a reliable and proactive legislative partner for the industry.

The joint venture will also enable San Marino to harness Polybius’ Digital ID technology to create new and world leading identity mechanisms for authentication and verification. A move driven by ongoing European personal and private data management initiatives.

Read more: https://blog.polybius.io/joint-venture-between-san-marino-innovation-and-polybius-places-the-republic-at-the-forefront-of-70c4f9f73104

Chinese financial authorities, including the central bank and other regulators, are ramping up their broad crackdown on illegal fundraising activities.

In a news conference in Beijing on Monday, Chinese authorities said they will keep a close watch on interest rates charged by companies and financial firms in the private sector to increase their scrutiny on illegal fundraising.

In particular, the People’s Bank of China, the country’s central bank, said it will continue to curtail risks from financing over the internet after stating it had ‘safely closed down’ all initial coin offering (ICO) platforms and cryptocurrency exchanges in the country, Reuters reports.

As reported previously, China first issued a blanket ban on all domestic ICO platforms on September 4, 2017, quickly following the ruling with restrictions to effectively shutter the domestic cryptocurrency trading industry.

China’s crypto clamps last year largely began early in January, soon after bitcoin hit a then-celebrated high of $1000 at the time. The move has largely neutered China’s influence on global cryptocurrency prices after once accounting for over 90% of trading as recently as 2016.

However, research from China’s internet finance association revealed that Chinese citizens were continuing to participate in crypto trading through exchanges and ICO platforms overseas. In February, a PBoC-affiliated newspaper revealed Chinese authorities were moving to block all websites, both domestic and foreign, related to cryptocurrency trading and ICOs.

In what is effectively seen as its final crackdown, Chinese authorities began targeting domestic crypto traders by checking their bank accounts with the added threat of having their assets frozen and even blocking them from the domestic financial system. All of which has seen Chinese authorities largely curtail crypto trading, even if they’ve come short of completely eradicating it altogether.

Meanwhile, financial scams involving illegal fundraising is particularly rampant in China, raking in an estimated $36.5 billion (251.1 billion yuan) in 2016, spread over 5,000 new criminal cases according to a Chinese state-run news agency. Over 30 percent of those cases were found to related to private investment platforms.

Source: https://www.ccn.com/china-safely-shut-ico-cryptocurrency/

Bithumb, South Korea’s leading cryptocurrency exchange, has recently revealed plans to issue its own token, Bithumb Coin, in an Initial Coin Offering (ICO), local news outlet TokenPost reports Thursday, April 19.

According to the report, the Bithumb token sale will be conducted in Singapore since ICOs are banned in South Korea. Bithumb is reportedly focusing on large-scale investors rather than individual investors. Bithumb did not confirm when the coin is expected to be launched, or the size of the venture, according to TokenPost.

Bithumb is not the first crypto exchange to launch its own token. In January, Chinese crypto exchange Huobi announced its plans to issue Huobi Token (HT) that would be capped at 500 mln tokens. Huobi noted that the token would not be an ICO, claiming that only active users of the trading platform would be able to receive HT.

South Korea’s Financial Services Commission (FSC) announced a ban on ICOs in late September 2017, citing increased risks of financial scams as a motivator. In March, Cointelegraph reported that the South Korean government revealed plans to local financial authorities to legalize ICOs.  While the FSC remains skeptical toward ICOs, local financial authorities are attempting to authorize them by enabling strict Know Your Customer and Anti-Money Laundering systems.

Some South Korean crypto exchanges are already seeking to open branches abroad. Earlier this week, Coinone, the number three crypto exchange in South Korea, announced its plans to launch an exchange in Indonesia in June.

Source: https://cointelegraph.com/news/south-korean-crypto-exchange-bithumb-to-issue-own-token-in-singapore

Reports are increasingly indicating that bitcoin’s recent drop of 70% from its December record highs of nearly $20,000 has spurred a renewed interest in the BTC and cryptocurrency markets from institutional investors.

Read more: https://news.bitcoin.com/institutional-demand-bitcoin-crypto-resurges/

100 years ago a wartime censorship act passed in the U.S. Congress called the Espionage and Sedition Acts of 1918. At the time censorship and propaganda tactics were applied to anyone who cast negative attention on war, and Americans could be jailed if they participated in this behavior. Eventually, the act was repealed but thousands of individuals and groups were convicted for expressing free speech. In memory of this occasion the nonprofit organization, Antiwar.me, is hosting an art contest dedicated to promoting a more peaceful society without war.

Read more: https://news.bitcoin.com/the-art-of-sedition-promote-peace-and-win-bitcoin-cash/

Bitcoin users are frantically searching other exchanges today that don’t require Know-Your-Customer (KYC) verification. A post on the Reddit forum /r/bitcoin on April 17 showed a picture that stated a Localbitcoins user’s trade volume was “significant” this past year, and the trader had to verify their identity in order to keep trading.

The picture reads:
Error! Your trade volume has been significant in the last twelve months. Please verify your identity to continue trading.

Localbitcoins does use a verification process but it’s never really been enforced, although some believe more traders will trade with you if you are verified. Much like the rest of the exchanges out there that do require immediate verification, Localbitcoins uses an ID service called ‘Netverify,’ created by a company called Jumio. Basically, the user uploads a picture of both sides of their license or state ID and in a few minutes, the platform reveals if the identification is a legitimate or not.

Source: https://news.bitcoin.com/significant-trade-volume-triggers-localbitcoins-kyc-requirement/

Banking giant ICICI is moving ahead with a previously revealed blockchain trade finance initiative.

Announced Tuesday, the India-based company has enlisted more than 250 corporates to undertake domestic and international trade finance transactions using ICICI's blockchain platform.

Corporate firms have signed up on the bank's blockchain application and are using the technology in cross-border remittance for the payment of employee salaries, raw materials to domestic partners and payments to domestic vendors, a company release said.

As such, Chanda Kochhar, managing director and CEO of ICICI foresees blockchain having "immense potential to simplify the document-intensive trade transactions."

ICICI added that its blockchain application will help participating banks view data for such transactions in real-time. Buyers, sellers and other parties can also track documentation and asset authentication with the help of a series of encrypted and secure digital contracts.

The inclusion of corporates comes in line with ICICI's successful completion of blockchain-based cross-border transaction for trade finance with Emirates NBD in 2016.

Source: https://www.coindesk.com/250-corporates-join-icici-bank-blockchain-test/

‘Tax Day’ in the U.S. is today, April 17, and a number of analysts are bullish on Bitcoin as the much-anticipated tax deadline should trigger the next upward momentum.
What do you think about it?

Zebpay, an Indian cryptocurrency exchange platform has added another cryptocurrency to its platform, EOS, an ERC20 based token for the users. Zebpay is India’s leading Bitcoin and Cryptocurrency exchange with over 3 million users. On Zebpay, the user can send, receive, and trade EOS. However, the trading starts on 17th April 2018 from 1:00 pm IST onwards. The intraday trading fee is 0.1% for all cryptocurrencies.

Source: https://ambcrypto.com/indian-exchange-zebpay-adds-eos-to-its-trading-platform/

Litecoin (LTC) is one of the relatively stable assets, boosted by robust trading volumes and an ability to keep price levels steady even in large-scale sell-offs. Now, Korbit, one of the oldest Korean exchanges, will list LTC.

The price of LTC was having a small recovery, growing to $136.55, up around 6% in the past 24 hours. However, the crypto community believes the Korbit exchange would be a minor addition. LTC pairings are a part of almost all exchanges, with no single exchange commanding the majority of volumes. The biggest price effect for Litecoin, however, has been GDAX and the listing on Coinbase, which has a fiat on-ramp for US-based buyers.

Source: https://cryptovest.com/news/litecoin-ltc-getting-a-boost-from-new-asian-listing/

Bitcoin private may soon overtake Bitcoin Gold, another hard forked crypto, that is now the 28th most important crypto in the market. In this way, Bitcoin Private has reached levels that it had in March. Its market capitalization is $604 million dollars.

One of the main characteristics of Bitcoin Private is that it uses Equihash hashing algorithm. Since the genesis block, that took place on March the 3rd, it has been added to several cryptocurrency exchanges like Octaex, Nanex, Exrates, and Trade Satoshi. Other cryptocurrency exchanges like HitBTC and Binance announced that thy are also thinking about listing BTCP to their platforms.

Bitcoin Private was born as a hard fork from ZClassic (ZCL) and Bitcoin (BTC), at blocks 272991 and 511346 respectively. One of the main features of Bitcoin private is that it uses the zk-snarks (zero knowledge snarks) privacy technology that can be found in ZClassic. In his way, payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable.

BTCP has been created in order to potentiate and improve the privacy features of the original Bitcoin network. It is clear that bitcoin lacks some privacy features that developers were not able to solve without a hard fork. Holders of BTC and ZCL, are eligible for Bitcoin Private coins with a distribution ratio of 1:1.

Bitcoin Private algorithm is ASIC resistant, and it is GPU friendly for miners. At the same time, Bitcoin Private supports peer-to-peer transactions without any intermediary. Moreover, the transactions are verified by network nodes through cryptography. There are over 70 contributors, and over 20 engineers working on the BTCP initiative.

Source: https://usethebitcoin.com/bitcoin-private-skyrockets-and-reaches-the-top-40-cryptos-by-market-cap/