Achain is holding a presentation at the The North American Bitcoin Conference! by frontwheelgone https://www.reddit.com/r/CryptoCurrency/comments/7rc53r/achain_is_holding_a_presentation_at_the_the_north/What is Achain? Achain is a simple, efficient, and secure blockchain platform. Users can use Achain to quickly deploy digital assets, smart contracts and other enterprise-class decentralized applications. The official website is https://www.achain.com. Under development for two years, Achain has gained market recognition in terms of digital asset issuance. It's unique RDPOS (Result Delegated Proof of Stake) distributed consensus mechanism has implemented a complete Turing smart contract VM with proprietary intellectual property rights. While the transaction performance on the chain is up to 1000TPS (transactions per second). Achain can create and run smart contracts, issue various types of digital assets, copyright protection, certificates of evidence, etc. What are the similarities between Achain and Ethereum? They are both public blockchains, able to carry smart contracts and applications, are digital assetdriven, have built-in cryptocurrencies and are open source. Just like the Ethereum, Achain has a blockchain, which contains data blocks (transactions and smart contracts). These blocks are created by participants, while other participants verify them. Everyone can check the transactions through https://browser.achain.com/. ACT, the cryptocurrency fromAchain, is used for paying the cost of calling smart contracts and other transaction fees. What are the differencesbetween Achain and Ethereum? Ethereum uses POW+POS consensus, while Achain use its original RDPOS distributed consensus (still improving). The difference between RDPOS (Result Delegated Proof of Stake) and DPOS (Delegated Proof of Stake) is the party which performs the validation of the execution of a smart contract. DPOS uses a correspondent node to perform a smart contract, in order to compare with the execution of the production block node. RDPOS will dynamically determine, according to the state of the result transaction (for example, R-Result) at the time of the package of production block node, whether smart contract should be verified by a correspondent node or all nodes. For a specific smart contract, for example, if the execution of smart contract requires a long period of time, and the space of the internal state of the smart contract is large, different strategies should be adopted to facilitate the rapid verification of the smart contract. In case of an unpackaged transaction resulting from the oversized result of the smart contract, the block-generation node will only package the result transaction Hash, so that all modes can automatically engage in the verification. This consensus mechanism theoretically improves the transaction performance of the entire network. Achain's average block time is 10 seconds.The transaction performance on is up to 1000TPS (transactions per second).Achain provides a "sandbox mechanism" The "sandbox mechanism" is a full-featured simulator. Every time users enter the sandbox, they do not need to spend tokens, but they can access all the chain functions, and verify their contract quickly. This mechanism can reduce the probability of false contracts on the chain, as well as reduce the cost of debugging. "We hope to create the most inclusive and open community atmosphere, our source code has already been uploaded to GitHub. The team is working on enriching related documents and tools, we are phased open source right now and will be open source in real time later. Open source is good for community developers to make better use of the systems. I don't think there is a perfect blockchain mechanism, but Achain will constantly updated," said Tony Cui, founder of Achain. |
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IOTA Foundation presents their solution for the future Swedish national cryptocurrency e-Crown https://www.nyteknik.se/tekniknyheter/article6893800.ece/BINARY/IOTA%20FoundationThe IOTA Foundation and Faston are happy for the invitation to discuss the e-crown project and present our view and technical solution to support the issuance of an e-crown. We have followed the project since start and have spoken to cash handlers, retailers, the Swedish Post and Telecom Authority and County Administrative Boards to assess the stakeholders view of the cash market to find the ambition level and understand how we best can support the project and be part of the solution. We would like to present the IOTA foundations version of a register based currency that can be configured either as a central register or a decentralized register in which either case the Riksbank would have full control over issuance, monitoring and steering of the e-crown. In our view, a successful e-crown must be able to replicate some of the properties of cash and be as convenient to use as the most modern methods of payments used today. Our solution is not limited to function online only but supports off line transactions as well. Interoperability with other payments is key and the solution supports transactions between registered based e-crowns and value based e-crowns. During a transition period, ability to convert physical cash directly to e-crowns in order to maintain same credit quality will be interesting for the users. Our technique supports an interface between physical cash and e-crowns As the physical cash is rapidly decreasing and risk becoming a supporting method of payment rather than basic method of payment, the cost of infrastructure to maintain the physical cash may soon supersede the cost of development of support for those who need cash the most. The cash users today may have disabilities or are not to confident using technical equipment. We aim to simplify interfaces, devices and ways to identify yourself through geometrical or numerical methods to meet their demands as well........ |
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list of promising upcoming NEO network icos http://neonetwork.io/icoOnly tokens on the NEO network (NEP-5) are shown. Other tokens which are tangentially related to NEO are not. |
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Announcing ConcourseQ and Bounty0x Partnership https://blog.bounty0x.io/announcing-concourseq-and-bounty0x-partnership-646f673fa41aAnnouncing ConcourseQ and Bounty0x Partnership Starting on January 18, 2018, Bounty0x and ConcourseQ will begin a joint partnership effort to bring bounties to a larger audience through integration of Bounty0x within the ConcourseQ platform, as well as exploring innovative data analytics solutions involving bounties. ConcourseQ is an innovative open, collaborative, ICO due diligence platform. Among other things, it uses unique proprietary data sets to analyze ICO’s and the possible risks associated. Bounty0x will provide ConcourseQ with unique insight into any given project’s bounty campaign. This data analytics solution will ensure that users of the ConcourseQ platform will have access to ICO data streams relating to bounty campaign performance. ConcourseQ will use this data for various market insights on their platform. In addition to a data analytics partnership, ConcourseQ will also create an interface within their platform through which their own ICO clients can be referred to and register their bounty campaign on Bounty0x in order to easily launch bounty campaigns on the Bounty0x platform. Through this agreement Bounty0x will gain access to leading new ICO’s who have registered on the CouncourseQ platform. As a result it will be easier than ever for ICO’s to post bounties on Bounty0x’s bounty management platform. “We are excited to be entering into a partnership with ConcourseQ, the partnership marks a unique opportunity for both ConcourseQ and Bounty0x to improve their respective products.” |
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PikcioChain project switches from Ethereum to NEO https://neonewstoday.com/general/pikcio-switch-from-eth-to-neo/On January 15, 2018, Pikcio AG and MatchupBox CEO, Didier Collin de Casaubon hosted a webinar update to announce an investment from the NEO Council, and the smart contract of the PKC token itself has been moved from Ethereum’s ERC-20, to NEO’s NEP-5 token for their token presale. The token presale began on November 11, 2018 and will end February 27, 2018. The current bonus for the token presale is 20%, and 1 NEO will purchase the investor 30 PKC tokens. Matchup Box, the developer of PikcioChain, is planning to open a subsidiary in China sometime in March of 2018, so that they may distribute the PikcioChain and expand Pikcio service in the Eastern market. PikcioChain will bridge with NEO Onchain Distributed Network Architecture (DNA), and seeks to help promote the NEO Smart Economy in the European market. What is PikcioChain? PikcioChain is a secure and distributed permission-based platform that specializes in the collection, certification, and exchange of personal data. PikcioChain lets businesses trade and exchange personal data in complete security and with confidence, while simultaneously empowering individuals, by giving them control of their personal data and enabling them to realize its financial value. The blockchain has been in research and development for three years, and is currently partnered with businesses such as BNP Paribas, Jouve, Cabinet Brev & Sud, Telefonica, P2Link, Cardif (BNP Paribas Group), and NTT Data. Didier also announced a partnership with Price Waterhouse Coopers, who will be their financial advisor in Europe and Russia with regards to the token sale. The PikcioChain, aims to allow companies to offer or use services – such as commercial offers, advertisements, and data portability – based on customer data permissions and certification through PikcioPro. PikcioPro also acts as the portal to the Pikcio marketplace where certified data can be exchanged, bought, or sold. Additionally, the PikcioChain seeks to be a gateway for individual end users, which enables users to communicate and share data safely with third parties through PikcioMe. Using PikcioMe, individuals can also retrieve their data from different sources or web services and earn Pikcio Tokens (PKC) by selling or certifying their data. The PikcioMe application is free and can be used freely for personal tasks such as chatting and file exchange. Other uses cases and enterprise realms for the blockchain to operate within include banking, insurance, human resources, health, education, retail, government, and home automation. For Quarter 1, MatchupBox is planning a variety of international visits and meetings to spread information about PikcioChain and to meet potential partners. Didier’s eventual goal is to meet and further interact with the NEO community, around the beginning of February of 2018. Why will PikcioChain use NEO? In the video announcement, Didier stated “the NEO Code is a fantastic code, that we find very strong and probably more secure,” and he believes this is just the first of many who will opt to launch their token sales on the NEO blockchain. Additionally, Didier believes launching the platform on NEO will mutually benefit both NEO and PikcioChain to gain traction in the global markets. Beyond the investment of tokens from the NEO Council, Pikcio is interested in making the shift from the financial technology and insurance technology, into the smart car automotive market, and the telecommunication market. More information about PikcioChain can be found at www.PikcioChain.com. You can also follow PikcioChain on their Telegram, Twitter, Facebook, Medium, and Reddit. by Dylan Grabowski |
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NULS: Global blockchain infrastructure - significant growth ahead by TMMEN https://np.reddit.com/r/CryptoProfits/comments/7qziyg/nuls_global_blockchain_infrastructure_significant/Ticker code NULS Current market cap $96 million Current coin supply 40 million Comparables (competitors) NEO ($8.2 billion), QTUM ($2.6 billion), STRAT ($1.4 billion) Website https://nuls.ioWhitepaper https://nuls.io/pdf/NulsWhitepaper1.1.pdf NULS: Global blockchain infrastructure NULS is a global blockchain infrastructure, providing: smart contracts multi-chain mechanism cross-chain consensus Sub-chains NULS can operate "sub-chains", with transactions paid with NULS. Each sub-chain is able to support its own basic tokens. This allows NULS to be a platform for other child tokens, much like Ethereum, NEO and QTUM. Proof of Credit (PoC) POC is a first of its kind protocol developed by the NULS team. It works like Proof of Stake where a certain number of tokens will need to be locked before the user can run a node on the network. This exact amount has yet to be decided and the community will vote on it. When a user wants to stop running a node, they can immediately unlock their tokens. Smart contracts NULS has a built-in smart contract virtual machine (SCVM) which can execute smart contracts. One key feature of the NULS SCVM is that it supports multiple programming languages so that developers can develop in their native preferred language. The SVCM can then execute the smart contractg through an interpreter. This feature opens up every developer community to NULS, unlike other platforms with their own languages (ETH) or restricted to a specific language (LSK). Partnerships NULS is closely affiliated with InChain, a public chain project which boasts several high profile partnerships including: Elephant Alliance (members including United Nations World Harmony Foundation, the United States Institute of Nanomedicine, World Federation of Chinese Medicine) Guizhou Lai Shiling Zhengheng Liquor Co., Ltd. Yongjian Foundation Ltd. Huantai News Agency Tiansheng Pharmaceutical Group Co., Ltd. Price analysis: top 30 NULS' main competitors all have $1b+ marketcaps (NEO with $8b to STRAT with $1.4b). NULS is currently valued at $96 million, but boasts several unique features not available in its competitors: Proof of Credit Multi-language development Unique partnerships My opinion on this basis: NULS is a solid project that could hit top 30 marketcap, barely squeezing into the illustrious $1b club. This represents a bit over a x10 return. Purchasing NULS NULS is available on Binance | Kucoin | Etherdelta |
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ACHAIN(better than ETH, QTUM, NEO)? https://steemit.com/achain/@whizhorlar/achain-better-than-eth-qtum-neoWhat is Achain? Achain is a simple, efficient and secure blockchain platform. Users can use Achain to quickly deploy digital assets, smart contracts and other decentralized enterprise-class applications. The official website is https://www.achain.com. In development for two years, Achain has gained recognition in the market in terms of issuance of digital assets. Its exclusive distributed consensus RDPOS mechanism (Result Delegated Proof of Stake) has implemented a fully intelligent Turing VM from Turing with patented intellectual property rights. While the performance of the transaction in the chain is up to 1000TPS (transactions per second). Achain can create and execute smart contracts, issue various types of digital assets, copyright protection, evidence certificates, etc. What are the similarities between Achain and Ethereum? Both are public blockchains, capable of carrying contracts and intelligent applications, they are digital assets, they have integrated cryptocurrencies and they are open source. Like the Ethereum, Achain has a chain of blocks containing data blocks (transactions and smart contracts). These blocks are created by the participants, while other participants verify them. Everyone can verify the transactions through https://browser.achain.com/. ACT, Chain's cryptocurrency, is used to pay the cost of calling smart contracts and other transaction fees. What are the differences between Achain and Ethereum? Ethereum uses the consensus POW + POS, while Achain uses its original consensus distributed RDPOS (improvement still). The difference between RDPOS (stake test delegated result) and DPOS (stake delegated test) is the part that performs the validation of the execution of an intelligent contract. DPOS uses a corresponding node to make an intelligent contract, in order to compare it with the execution of the node of the production block. RDPOS will determine dynamically, according to the state of the resulting transaction (for example, R-Result) at the time of the package of the production block node, if the intelligent contract must be verified by a correspondent node or by all the nodes. For a specific intelligent contract, for example, if the execution of the intelligent contract requires a long period of time, and the internal state space of the intelligent contract is large, different strategies must be adopted to facilitate the rapid verification of the intelligent contract. . In the case of an unpacked transaction resulting from the oversized result of the intelligent contract, the block generation node will only pack the resulting transaction Hash, so that all modes can automatically participate in the verification. This consensus mechanism theoretically improves the performance of transactions across the network. Achain's average block time is 10 seconds. The performance of the transaction is up to 1000TPS (transactions per second) .Achain provides an "isolated space mechanism" The "safety enclosure mechanism" is a complete simulator. Every time users enter the limited environment, they do not need to spend tokens, but they can access all the functions of the chain and verify their contract quickly. This mechanism can reduce the likelihood of false contracts in the chain, as well as reduce the cost of debugging. AChain has great potential, but even projects with state-of-the-art technology tend to outweigh any project that can be upgraded to astronomical value in just a few hours. Encrypting money markets now is not rational, which may hinder the chances of success for such projects. website: www.achain.comtelegram: t.me/AchainOfficial twitter: @AchainOfficial |
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Weiss Announces First Bitcoin and Cryptocurrency Grades by U.S. Rating Agency http://finance.weissratings.com/crypto/Palm Beach Gardens, FL — Weiss Ratings, the nation’s leading independent rating agency of financial institutions, will issue letter grades on cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, NEM, Litecoin, Stellar, EOS, IOTA, Dash, NEO, TRON, Monero, Bitcoin Gold and many others. The new Weiss Cryptocurrency Ratings, to be released January 24, are the first by a financial rating agency. They are based on a groundbreaking model that analyzes thousands of data points on each coin’s technology, usage, and trading patterns. “Many cryptocurrencies are murky, overhyped and vulnerable to crashes. The market desperately needs the clarity that only robust, impartial ratings can provide,” said Weiss Ratings founder, Martin D. Weiss, PhD. “We’re proud to be the first to bring that benefit to investors — to help them cut through the hype and identify the few truly solid cryptocurrencies. Our ratings are based on hard data and objective analysis. But they're bound to create controversy, including some grades that may come as a surprise to some people.” Weiss Ratings, which began in 1971, rates 55,000 institutions and investments. Unlike Standard & Poor’s, Moody’s, Fitch and A.M. Best, Weiss never accepts compensation of any kind from the entities it rates. Its independence and accuracy have been noted by the U.S. Government Accountability Office (GAO), Barron’s, The Wall Street Journal, and The New York Times, among others. Martin Weiss and his lead analysts will be available for interviews at the North American Bitcoin Conference in Miami, January 18–19. |
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Summary, IOTA moscow meetup by CryptoTraderNor https://www.reddit.com/r/Iota/comments/7r23e0/summary_iota_moscow_meetup/"Hey! Just came back from IOTA Moscow meetup! Some of the news from the talk/presentation of Cfb and Max Minchenkov: IOTA will move from PoW to Network-bound PoW in the future. It's an unique thing and details are not available. smart contracts are in development. ETA is this year. It will be done not like eth smart contracts, but done in functional programming paradigm/style. Max Minchenkov said that IOTA are doing a solution together with CISCO for an undisclosed oil company, where IOTA will provide software and CISCO hardware. No ETAs or any other info. Ternary hardware is still in development. It will be ternary CPU and Li-Fi. No ETAs or any other info. Cfb is more on hardware part now, other team members do work on IRI. I can verify that people do build their own stuff on IOTA, personally saw a few teams today that build something on IOTA. And real word development on IOTA do happens outside of "crypto community". So the fact that it's quite in bitcointalk or even media means nothing. Work do progressing behind the doors. I talked personally with Cfb. He is a very polite and intellegent person. Was too shy to say hello to Max Minchenkov." Took the liberty to post this, copy from Ilya, on iota slack. |
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IOTA is building a superhero team for the problems of tomorrow. 46 great minds (so far) are building our future. That's important! http://www.tangleblog.com/what-is-iota-what-is-the-tangle/IOTA Foundation and Developers: -Chronologically Ordered- Prof. Serguei Popov (Co-Founder. Mathematician, Creator of the Tangle Concept) David Sønstebø (Founder, Co-Lead, Management) Sergey Ivancheglo (Co-Founder, Engineer) Dominik Schiener (Co-Founder, Co-Lead, Core-Dev, Public Face of IOTA) Per Lind (Business Development Asia) Dr. Carsten Stöcker (Advisor Mobility, Business Transformation, Innovation) Dr. Navin Ramachandran (Healthcare, Bigdata, UCL Wallet Dev.) Wilfried Pimenta de Miranda (Director Business Development) Regine Haschka Helmer(Advisor, Business Development) Paul Handy (Core-Dev) Alfred Keller (Network Architect, Dev) Alon Elmaliah (Core-Dev) Sabri Goldberg (Designer) Jochen Renz (Chicago Connectory, Mobility) Prof. John Halamka (Healthcare) Prof. Cyril Grunspan (Mathematician) Andreas C. Osowski (Core-Dev) Chris Dukakis (Core-Dev) Alexander Renz (Chicago Connectory, Mobility) Dr. Julie Maupin (Legal Advisor) John Edge (Healthcare, Fintech) Lewis Freiberg (Core-Dev) Nick Beglinger (Advisor Sustainability, Business Development) Dr. Danny Wu (Dev, Engineering) Bartosz Kuśmierz (Dev, Mathematician, Ph.D. student) Oliver T. Bussmann (Business Advisor) Prof. Vassil Dimitrov (Mathematician) Anders H. Lier (Business Development, Networking) John E. Mattison (Healthcare, Big Data) Samuel Reid (Math. Dev, Blockchain Eng.) Jesse Babbra (Chicago Connectory, Business Development) Prof. Joachim Taiber (Advisor Mobility) Gal Rogozinski (Core-Dev) John Liciardello (Ecosystem-Fund-Manager) Tsvi Sabo (Core-Dev) Georgio E. Mandolfo (Sysadmin /Devops) Edward Greve (Core-Dev) Hongquan Jiang (Robert Bosch Venture Capital Partner / Advisor) Max Minchenkov (Networker in the Commonwealth of Independent States) Jens Munch Lund-Nielsen (Networker in Norsk countries) Oliver Mulherin (Fullstack Core-Dev) Clara Shikhelman (Mathematician / on her Ph.D) Koen Maris (Software Dev / Cyber Security) Darcy Gabriel Augusto Camargo Cunha (Mathematician / on his Ph. D) Alon Gal (Physicist, Dev, Entrepreneur) Andreas Mikolajewski (Dev, interdisciplinary Comp. Science) |
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I just read it, but I can't really get the point, or the similarity with Crypto market. Soros made a fortune with shorting. Or I missed the point you made? Sorry, if I did. Regrds its a lesson about the markets in general..... if its crypto or traditional.... read as much as u can to inform yourself ,to get the right info and use it the right time.... more u learn,more info u get,less luck u need.... |
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FINOM alters token sale terms after ICO, starts second round without consultation from investors https://finom.io/ico/?utm_source=telegrameng&utm_content=stagetwoThe FIN token sale is over now, and we would like to thank all of you who trusted our project out of the gate and to tell what we achieved for now and how the project will progress further. Results With your support, we raised more than $41 million. $34 million was invested during the presale stage. In total, more than 7,000 investors took part in the campaign. We already started to design the services declared in the roadmap, so some of them will become available very soon. Beyond that, while working on the project, we realized that the role of tokens in the platform ecosystem contains much more opportunities than we could have imagined at the beginning. The future of NOM Exploring NOM applicability (the utility token you received as a bonus when purchasing the FIN security token), we discovered that the more frequently and complete the token works in the business ecosystem, the more services and transactions it serves, the greater profit it brings. We arrived at a conclusion that our token should be more relevant and valuable, and for this purpose, it has to be enriched with a new meaning. For a highest possible efficiency, it should become a fuel for the whole ecosystem, and serve not only as a discount or a bonus tool for some certain services but also as a full-featured payment method within the platform. To implement this, the following important steps must be taken: an additional NOM utility tokens emission attracting more private and individual investors from the crypto community, the audience our ecosystem embraces the initial purchase price reduction in order to make the token more usable as a payment tool available even for small transactions. In addition, the development and integration of all services require more investment amount than it was calculated at the project’s start. New crowdsale To implement all these plans, we start a new token distribution campaign dedicated to NOM utility tokens only. It will begin on February 1, 2018, and will last until March 3, 2018. Before it starts, we will summarize the previous campaign results entirely and negotiate with a number of key crypto exchanges about the tokens placement: the NOM token will be available there no later than on March 15, 2018. In addition, the token economy will be totally revised, as well as the WhitePaper and the platform architecture. We will start a long-expected bounty program and create video content explaining the new ecosystem scheme. Your bonuses You have given us a great credence at the very beginning of the project, therefore, we offer you the benefits for a new stage of the token sale. First, in the short term, all first-stage investors will be credited with additional NOM tokens. You will see them soon in your account. In addition, we offer you the special discounts for NOM tokens to purchase. All the details will be available in an updated whitepaper, which we are going to publish on our website before the second stage start. We make no doubt that together we will build a more efficient project architecture that will ensure the synergistic and sustainable growth of both tokens prices. Yours faithfully, FINOM team |
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Stratis enters partnership deal with Silicon Valley software company Gluon https://stratisplatform.com/2018/01/17/stratis_partners_with_gluon/We are thrilled and excited to announce that the Silicon Valley based corporation, Gluon, will be joining the Stratis family as one of our flagship verified ICOs. We started this journey with the desire to use our flexible blockchain development platform to meet the needs of real world financial services and businesses, and in offering deployment and support services to Gluon before, during, and after their ICO, we are pleased to say we’re doing just that. We have watched Gluon from afar, recognising that they were not simply another whitepaper idea, but a remarkable product with existing funding, impressive revenue and a global presence with offices across the US, UK, Sweden and India. As a business we have always strived to work with like-minded clients who are pushing boundaries and forcing change, something Gluon is powerfully doing within the automotive manufacturing, distribution and retail industry. Gluon’s technology platform establishes a secure network of interconnected vehicles, allowing users to diagnose, track and monitor issues using IoT devices, AI and blockchain. Combining existing vehicles as well as up and coming technologies such as hybrid, electric cars and self-driving, they are addressing a gap in the market and connecting both the old and current with the new. Speaking about the latest partnership, Chris Trew, CEO and Founder of Stratis said that “security is paramount for both our businesses and we knew we would be well-aligned to work together, pushing both our organisations into the future-sphere.” Having built Stratis from the ground up in C# and .NET Framework there’s a flexibility that comes with our solution, giving businesses like Gluon a comprehensive approach to their problems. |
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news... Alibaba Launches Crypto Mining Platform https://iconow.net/alibaba-launches-crypto-mining-platform/https://dailyhodl.com/2018/01/16/alibaba-launching-cryptocurrency-mining-platform/http://www.coinnewsline.com/2018/01/17/chinas-alibaba-quietly-launches-a-cryptocurrency-mining-platform/Chinese e-commerce giant Alibaba has launched a surprise cryptocurrency mining platform, unconfirmed sources surfacing today claim. CnLedger, a Twitter-based local crypto news information provider, relayed the report from Chinese Internet service qq.com, stating Alibaba’s ‘P2P Nodes’ platform had “launched” after a registration in October 2017. According to the available material from cnLedger, Alibaba “may incorporate” P2P Nodes in its e-commerce platform “in future”: Tencent News: Alibaba launching virtual currency mining platform “P2P Nodes”, registered in Nanjing. May incorporate with e-commerce platform in future. (Unconfirmed)https://t.co/w0ZzgKk773 — cnLedger (@cnLedger) January 16, 2018 In a further development, fellow Chinese conglomerate Tencent has registered a “Blockchain-related trademark” for an entity referred to variously as ‘Ether Lock’ and ‘Ethernet Lock.’ Chinese internet giant Tencent was found to have registered blockchain-related trademark “Ether Lock” https://t.co/fQKn0rHnMq— cnLedger (@cnLedger) January 16, 2018 The moves run contrary to the current regulatory narrative coming from Beijing. Authorities have recently made known a desire to slowly reduce participation in Bitcoin mining, while regulators are also moving to eradicate the last traces of centralized crypto-to-fiat trading. P2P Nodes also represents an apparent U-turn for Alibaba founder Jack Ma, who in December declared that the world was “not ready” for engagement with cryptocurrency. In an interview with CNBC around the same time, Ma revealed that Alibaba had “spent a lot of efforts” researching Blockchain technology, but that Bitcoin is “not for [him]”. Cryptocurrency markets continue to feel the pressure in part from China’s latest regulatory moves, with Bitcoin losing almost 15% and altcoins much more in the past 24 hours’ trading. |
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Interview with NEO team ($NEO) https://medium.com/@cryptorand/interview-with-neo-team-neo-2971e0b4df13This time I had the pleasure to interview the NEO team. One of the most loved projects by the Crypto community. A flexible blockchain platform aiming to fit the business needs. How would you describe the main pillars of the company? NEO is an open source project, so the main pillars are all the community groups that are actively building and expanding the ecosystem. The NEO Council is located in Shanghai, community developer group City of Zion are more than 50 developers distributed all over the world, and community developer group NewEconoLab sprouted up in China around two months ago and now gaining a lot of traction across China. What’s the role of the tokens at NEO project? NEO has two main purposes: 1.Slowly generate new GAS (until cap is reached) 2.Enforce network integrity a) Vote for consensus nodes b) Ensure gas circulation. GAS has one main purpose: 1.Utility token for service fees on the NEO blockchain. GAS circulation: 1.All system fees are recycled and distributed proportionally to all NEO. 2. If transaction fee is charged, then that GAS is distributed only among consensus nodes. About the team and supporters, what are your strengths? Counting all daily contributors, we are now a team of close to 100 developers working on this project, spread all over the world. In Shanghai, we are close to 30 full-time team members and still growing, preparing to change to a bigger office for the second time. Our biggest strength is of course our community. We have amazing developers building on this project; developers who see what needs to be done and just go ahead and do it. Community groups, for example CoZ, are funded by NEO Council and independently managed, meaning that we reduce bottlenecks in rewarding contributors. Thinking about the future, do you have relevant upgrades or partnerships on track? Yes, but we don’t want rumours to spread. We will announce when we have something to announce. What will be the real use for GAS? An how it will fit in NEO project? GAS is the utility token. GAS is paid to deploy Smart Contracts and to get priority transactions. It’s divisible and can also be used as service fee within Smart Contracts, comparable to a network “currency”. What’s the added value of NEO against other competitors like Ethereum? NEO transaction capacity is already 1000tps+ single core on MainNet. Other projects claiming similar speed do not have a production ready product. Projects claiming “millions of tps” are using sharding / state channels. These technologies are just as easily applied to NEO. Transactions are free. Consensus algorithm never create branches. A transaction is 100% final after the first confirmation. Smart Contracts can be written in C#, Java, Python, JavaScript, Go, Kotlin. Smart Contract deployment fee serve as an extra protection layer against ”trash data” and scam projects. Very different focus, Ethereum wants to build a network for unstoppable applications, NEO wants to build a network for smart economy (adhere to legislation). Evaluation of the current scenario for NEO and the blockchain platforms industry. I feel most blockchain platforms are trying to adapt business use cases for blockchain. NEO actually take the other approach, and have built a blockchain platform that is adapted to business use cases. We want to link the real economy and the digital economy. You can buy/trade $NEO and generate $GAS he |
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