Cryptocurrencies are becoming mainstream, and the next natural step is to support customer choice and convenience since the clear majority embraces digital currencies. Their popularity is tied to the users adopting and using them. Therefore, designing crypto opportunities in the form of daily services is vital for the further development of the industry. There is an increasing number of people who would like to settle their regular payments or subscriptions via a crypto billing protocol as the blockchain provides more advantages for the end-user. But why do we need a crypto billing service?

To answer that question, it is first necessary to note how our lives have become increasingly digitalized with online payments making up an essential part of our daily routine. However, using traditional payment systems such as credit cards and banks is often complicated, as we all know, with delays, miscommunication or unfortunate credit card frauds being a common experience. Additionally, security-wise, a centralized structure is facing challenges concerning speed, bureaucracy, and the ability to continually innovate. If you take a minute to think about the innovative updates, MasterCard or your bank came up within the past five years, does anything WOW come to your mind?

This is where the crypto space comes in to fill in the gaps and disrupt the industry. Read more: https://pumapay.io/crypto-billing-service-benefits/

PumaPay recently launched Verion 2.0 of the PumaPay PullPayment solution. The release includes PullPayment Smart Contracts (with one-time, as well as recurring PullPayments already running on the Testnet), SDK, and the fully revamped PumaPay Cryptocurrency Wallet app which accommodates these features. check out their latest update: https://pumapay.io/development-updates-message-ceo/

PumaPay
Cardano
Coti

likely yes

well said

Have you heard about PumaPay? :https://t.me/pumapay_news

It will move towards quantum computing...

Hi Everyone, please join this channel:  https://t.me/pumapay_news

Ethereum based project https://t.me/pumapay_news

So far it is. Check out PumaPay: Ethereum based project https://t.me/pumapay_news

PumaPay just shared an interesting article about Proof of work and proof of stake. Check it out below:

Either a passive or active user of cryptocurrencies, there are certain concepts we all should be aware of as they are core ideas of the crypto industry. Two most popular concepts in the crypto sphere are Proof of Work (PoW) and Proof of Stake (PoS), and they are referred to as blockchain consensus mechanisms.

The technical logic behind many crypto assets is based on a consensus mechanism. A consensus mechanism aims to authenticate that information added to the ledger is valid, so the network is in consensus. This process ensures that the next block contains the latest transactions on the blockchain, preventing double spending and other invalid data. 

There have been some consensus mechanisms framed, each with benefits and disadvantages. They all serve the same core purpose but differ in methodology. The main difference between different consensus mechanisms is the way in which they delegate and reward the validation of transactions.

Proof of Work (PoW) is a protocol that is programmed to block cyber-attacks such as a distributed denial-of-service attack (DDoS) which can exhaust the resources of a computer system by sending multiple fake requests. The Proof of Work concept was coined long before the Bitcoin, but Satoshi Nakamoto was able to apply this mechanism and revolutionize the way traditional transactions are set. PoW is what allows trustless and distributed consensus on the network.

Even though the Proof of Work is an innovative model, it does have disadvantages. The most debated ones are the significant amounts of electricity needed to mine and the limitation in processing multiple transactions at the same time.

Proof of Stake (PoS) is still an algorithm and protocol, with a similar purpose to PoW, but it has a different way to verify and validate transactions or blocks. Proof of Stake was first coined on the Bitcointalk forum in 2011, but the first cryptocurrency to use this consensus mechanism was Peercoin in 2012. Unlike the PoW, where the algorithm rewards miners who validate transactions and create new blocks, with the PoS, the creator of a new block is chosen depending on the amount of stake (coins) and the respective age of the stake.

This method eliminates the challenges PoW faces because there is no need of expensive hardware, it is much more energy efficient than the Proof of Work protocol and a transaction’s validation is swifter. The downside of the PoS is that a small group of people owning a majority of coins will almost always be chosen as the system’s miners (forgers).   

Under a Proof of Work system, a miner does not have to own any coins he/she is mining, seeking only to maximize personal profits. In a Proof of Stake system, the validator must own and support the currency he/she is verifying. Another difference between PoS and PoW is that PoS does not imply the creation of a new coin (mining) as all the coins are created in the very beginning, which results in the miners being rewarded through transaction fees as opposed to newly mined coins. Read more: https://pumapay.io/whats-proof-of-work-and-proof-of-stake/

Very informative article: https://pumapay.io/whats-proof-of-work-and-proof-of-stake/ , thank you

Best places to buy cryptos: Binance, Hitbtc, OKEx, Coinbene

Coinbene currently runs an offer on PMA tokens, ends tomorrow morning, with 0% commission fees on PMA/ETH

 All coins and tokens are considered cryptocurrencies, irrespective of their function as currency or medium of exchange. Therefore, you often read of cryptocurrency coins or cryptocurrency tokens. Often, coins are also referred to as altcoins (alternative cryptocurrency coins) to name digital currencies that are an alternative to Bitcoin. So, what's the difference?

Function vs. Structure

The purpose of a coin is to act like money and become a means of payment while storing value over time. Most known and popular coins take the form of Bitcoin-derived blockchain tokens like Bitcoin, Litecoin, and Monero. A coin, Bitcoin, aims to be a cash replacement, so the function is solely to denominate value in an exchange of goods or services. Their value in fiat money proves their likelihood to become popular as they can become a liquid form of money eventually.

Tokens’ purpose is far more focused. They are created on existing blockchains (for example Ethereum) to activate features of the application they were designed for. Blockchain tokens have value, yet they are not seen as actual money the same way coins are considered. Tokens can be considered a type of instrument that creates the environment for a better circulation of value between businesses and their customers – you fund a smart contract with the underlying coin and investors receive tokens from the company running the offering. This way, customers are incentivized to interact with a business through a crowdfunding and with no large financial commitments as often acquiring one token only is enough to be included in the project.


While there is a blurry line between what coins and tokens are defined as there are certain aspects on which the crypto community agrees. Coins are considered methods of payment while tokens give access to a product and unfold many other functions of a specific project. Coins are used for purchasing and selling goods or tokens as the first operates independently and the latter has value mostly within a project’s ecosystem. Often tokens are given to crowdfunding supporters to spend on their favorite services and products, and this is a great opportunity for businesses to deliver a significant amount of value for their project’s idea.

In the end, a coin like Bitcoin has been trying to break into the payment sector based on its claims of swift transactions, while tokens have already taken over the market and the tokenization model is delivering great results. Read more : https://pumapay.io/coin-vs-token-whats-the-difference/

maybe the queen

【New Token】PumaPay（PMA）will be listed on CoinBene on August 12th 2018 https://www.coinbene.com/#/notice/detail/856

add some PMAs to your list

Can't wait!!

in decentralization we trust! With all things being censored , its only a matter of time that we start decentralizing our centralized ecosystem!

' The biggest ICO in the second quarter of 2018 was PumaPay, a cryptocurrency solution for merchants that raised $117 million in May.' BusinessInsider UK https://[Suspicious link removed]/2OjDX4Q