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Author Topic: Monero under $8, while recognized by Apple as one of leading Cryptocurrencies.  (Read 4358 times)
Febo (OP)
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October 11, 2016, 02:24:29 PM
Last edit: November 13, 2016, 02:45:09 PM by Febo
 #1

Jaxx integration of Monero on all nine platforms.

https://twitter.com/jaxx_io/status/785833459772162048




Seems Monero is seeing as one of leading Cryptocurrencies by Apple and they partner it.


https://twitter.com/diiorioanthony/status/785821335125528576




“Monero is a very interesting technology with a unique system that involves an additional level of nuance in terms of wallet integration. We are working on getting Monero connected to Jaxx as we speak,” said Di Iorio.  “We’ve been in regular communication with the Monero team and are looking at a three-week timetable, the end of October to early November, in terms of a launch.”


Meanwhile on the coinmarketcap:





UPDATED October 16th

https://www.reddit.com/r/Monero/comments/57n44b/jaxx_decentral_introduction_and_how_we_are/

Hey there Monero peeps. I wanted to take the time to introduce Decentral, Jaxx (and myself) to the Monero community.

As some of you may know, last week Jaxx became closer involved with your community as we both announced Monero is iOS approved as well as our future plans for XMR wallet support across all 9 platforms that Jaxx supports. iOS mobile & iPad, Android mobile & tablet, Chrome & Firefox extensions and Mac / PC / Linux desktop.

Jaxx has been in the works for over a year and a half now and officially launched this past June. In a nutshell, the vision for Jaxx is to create a default blockchain interface that's made for the masses (including those non-technical folk like my Dad) that allows everyone to manage and be in full control or their digital assets, and done in a way that brings together and provides support for the global decentralized tech / blockchain communities we admire for providing choice and value to the world.

To achieve our vision we're shooting to:
  • Be chain & platform agnostic - currently 7 tokens & available on 9 different platforms
  • Provide a similar experience across every device - need a wallet? d/l Jaxx, no need to find out how the user will be using it   first or which platform or device they have
  • Offer a simple, single, one-time back system - 12 words you can write down once and can be used to derive all keys for ALL tokens, identity systems, messaging systems we integrate with now and in the future
  • Be Extremely lightweight - we're just a few mb, no need to d/l the entire blockchain or even a SPV client
  • Allow users to be in full control of their keys & identity & communications - meaning we never want to take custodianship or have access to customer keys or funds, identity etc.
  • Be design-led and user experience driven - provide awesome user experiences, ie single screen design with everything you need on the main interface
  • Provide hardware support to enhance security - upcoming product Jaxx Ice Cube & support for other hardware solutions
    Never require users to provide ANY personal information (including emails)
  • Offer best in industry customer support - targeting 3 hour response times, and personal support via other channels for more delicate situations
  • Remove as many friction points as possible - we hate forcing passwords and usernames for starters
  • Ensure self-sufficiency by creating our own backend infrastructure for the communities / tokens we're supporting (nodes, relays, apis)
  • Ensure self-sufficiency by monetizing via various avenues - as afterall, we are a business first and people need to live, and right now, to live people need to be paid.
  • Offer visible and auditable code why not allowing for easy distribution of cloned maliciously copies of our products - code is available on our website and directly be inspecting the extension and android versions.
  • Partner with 3rd parties to allow for direct integrations into Jaxx. ie Shapeshift, Coinbase, many others to come.
  • Avoid situations where we would need to be regulated. ie since we don't hold customer funds or keys we aren't regulated. Meaning we can push off all kyc / aml work to our integration partners and focus on expanding Jaxx globally without worrying about regional rules and compliance.

Decentral is the parent company of Jaxx and is also a decentralized tech hub located in downtown Toronto. We are currently a team of around 20 full-time and contract staff. Decentral opened on New Year's day 2014 to provide a space where enthusiasts of decentralized tech could meet, work, and create cool shit. Since opening we believe Decentral has made some huge strides. We're proud to be the birthplace of The Decentral Project, Ethereum, Kryptokit, Rushwallet, Ethereumwallet.com, Jaxx, Decentral.tv, Decentral Consulting, Cointalk, C4, the world's 2nd Bitcoin ATM & Toronto's first (which is still running strong btw). We're also the first home to the Bitcoin Alliance of Canada, Toronto Ethereum Meetup, Toronto Bitcoin Meetup, & Toronto Techno Crypto. As well, our client list includes Toronto Stock Exchange, RBC Bank, Deloitte and many other small and large enterprise clients and start-ups.

To date Decentral has hosted over 115 events including The Canadian Bitcoin Expo 2014 at the Metro Toronto Convention Centre & associated Hackathon where Amir Taaki's Dark Market (Open Bazaar) emerged. Along the way we have educated many thousands on the positive and potential benefits blockchain and decentralized technologies provide. We are approachable, visible, and community and business oriented. All traits we recognize to be very important the space we are in, and especially important in the blockchain wallet space, as let's face it, even though we don't "hold" customer funds, we are still responsible for the software they rely on to manage said funds, and in the future, we're hoping their entire digital lives.
Decentral has learned a lot developing wallets over the past 3 years. in 2013 we first emerged as Kryptokit, launching the first ever chrome extension bitcoin wallet. About a month later just as Kryptokit was taking flight, Vitalik Buterin showed be the whitepaper for Ethereum, I dropped everything and spent the next 12 months founding that project, while doing minimal work in the wallet space except for pushing out Rushwallet.com, our html5 bitcoin wallet that works across many different platforms and devices.

So, how will Jaxx be helping to build our the Monero ecosystem? Aside from XMR wallet support we are also building our also creating the full infrastructure and redundancy systems for tokens we carry. The ultimate plan in the future is for individual users to run and tap into their own nodes should they wish to do so. The more control can be pushed off to the individual / user, and the less you have to rely on us the better, we say.

This new Monero infrastructure we're developing, the first part of it which should be deployed when we launch is designed to source data from our multiple nodes as well as any others available. (in a round-robin fashion) and select the best most accurate info to display and use for sending transactions. We're also determining how this infrastructure can be used to assist the entire Monero ecosystem as the complete structure containing nodes, apis, and relay system is unique and unlike anything available right now for Monero. We developed this massive infrastructure project which is and will be available for all our supported tokens because we realized what was currently available (a miss-match of token specific services) wasn't allowing us to add new token support efficiently and synchronously.

Now a bit about myself. I am the CEO and founder of Decentral & Jaxx, co-founder of Ethereum and have lived in Toronto all my life. I've been an entrepreneur and design junkie for 20 years. Prior to full-time blockchain (2012) I owned a geothermal drilling company doing commercial projects for Ikea. I've been in tech all my life building computers since age 8 (1984), on BBSes since the 1200 baud modem days (late 80's), designing website in the early 90's. I invested in Bitcoin (2012), Litecoin (2013) and Ethereum (2013). I currently hold all three as well as Monero and Dash and ETC and am looking to expand my portfolio with some of the new groundbreaking technologies Decentral has been identifying. All projects I've done in this space are self-funded (aside from Ethereum of course, although I did bootstrap a large portion of the project before the crowdsale). I own 100% own my current projects and believe efficiencies and leadership are paramount to providing great products and services for the public.

Earlier this year I became (part-time) Chief Digital Officer at the Toronto Stock Exchange, (a position I've just resigned from) in order to focus full efforts on Jaxx and the soon to be announced new project. This role at TSX and work with others industry clients has really given myself and Decentral an inside on how the current systems operates. From these engagements we've realized we have an amazing team at Decentral that's able to map out current processes and industries (whether it be municipal services, health care systems, banking infrastructure, etc.) and provide roadmaps for how these systems can be modernized using technologies such as bitcoin and other disruptive (and usually) decentralized tech.

My personal goal it to provide products and choices that enables individuals to take control of their lives. I'm a voluntarist, meaning I believe all interactions between individuals and groups should be voluntary and uncoerced, and believe diplomacy and short-term sacrifices can lead to much greater longer term gains and execution of grand plans. I'm also a huge proponent of privacy and security.

Regarding Jaxx, Jaxx.io is our official site. There you'll find it a great resources ie FAQ and knowledge base and it's also the best way to get support for any of our products. Regarding support, Annie Lee leads that department and will be sure to help you with any tickets submitted once we launch our XMR integration. If you'd like to discuss potential business opportunities or integrations feel free to drop Rico Nassir a line at rico@decentral.ca.

Please always make sure you downloading our products from trusted official app stores or from our SSL locked site Jaxx. We control the distribution of Jaxx tightly as to do our best to ensure there aren't malicious versions floating around the web or on app stores (more about this in a future post)

That's it for now as this has taken up half a Saturday to put together. One last thing I want to mention is how great it is to work with the Decentral and Jaxx team every day in our office in Toronto. We've got some rockstars in the house and nothing beats direct interaction on a daily basis with the team and this is why we are as efficient as we are, and why I believe as we grow we will continue to maintain our efficiencies and continue to push out great products and services.

Looking forward to working much closer with the Monero community. We've penciled in XMR release for early November. Keep in mind though, "penciled".

Cheers!

Anthony Diiorio
Founder & CEO - Jaxx & Decentral
anthony@decentral.ca
+1-888-650-3796 - Skype: a.diiorio
Decentral - Jaxx




Update on November 12  2016

https://www.reddit.com/r/Monero/comments/5cks6f/jaxx_monero_integration_update/

Hey Monero Community, Anthony from Jaxx here.
I wanted to take this time to provide another update on the progress of our Monero integration.
We targeted early November for the release... but failed. We hate not making our timing targets, it really sucks. Learning from the experiences, working towards better estimations, and hitting projections is something we'll consistently improve on. That being said, Monero integration has been a bitch. We're breaking new grounds here as we work to (and will) deliver a means for you to manage / send / receive XMR on 9 platforms with you in control of the keys... all done via a single backup phrase that can be used to derive the keys to all your digital currencies. You will also be able to buy / sell XMR directly in Jaxx via Shapeshift.
Here's where we stand on the integration. Fernando & Augusto (two of out token integration leads) have spent 80 hours doing the initial research, gaining an understanding of Monero transactions and developing the Monero client-side library. Fluffypony has been a great help and we truly thank him for his assistance. The library is 90% complete and should be ready this Monday. Because we missed our launch target, we decided to increase our Monero dev efforts and have reassigned resources to work on the required back-end infrastructure that can start as the library comes to completion. This part of the project is expected to take 40 hours (5 days) and will be worked on by another integration team member Ismael. Concurrently, Augusto will be working on general integration (expected 3 days), and also be responsible for testing and bug-fixing the back-end (expected 2 days). Once Augusto and Fernando have completed their work, it all gets sent to our CTO Chris and her front / middle (end) team for final tie-ins and implementation into Jaxx. This usually takes 1-2 days. Monero UI / UX assets have already been competed by Rahul and are waiting to be integrated by Chris' team. When this is all completed, it can be packaged, tested, and we can hit the release button.
The new estimated release date is the week of November 21st. I'll be pushing our entire team towards making the target. Please know that Monero is receiving 90% of our token integration resources and it is the priority for us. If it made sense to put 100% on the project we would, however, somethings just can't be moved faster with more resources due to required linear processes.
I'll ensure to keep everyone updated over the next many days.
Cheers!
Anthony Diiorio
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October 11, 2016, 04:45:10 PM
 #2

Do you actually expect Monero to pump just because it was added in Jaxx?
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October 11, 2016, 06:56:37 PM
 #3

who cares what apple does with the App Store. Jaxx is nice. at last there is a gui wallet for xmr  Tongue
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October 11, 2016, 07:35:15 PM
 #4

Congratulation Monero. But how will that affect on price ? This is now a question. Probably not.
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October 11, 2016, 07:56:58 PM
 #5

Congratulation Monero. But how will that affect on price ? This is now a question. Probably not.

Price is already rising, buy cheap while you still can  Wink
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October 11, 2016, 08:00:44 PM
 #6

Dude come on ..that Apple line is total bullshit you know it  Cheesy

Gimme a break you god damn shill  Roll Eyes

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October 11, 2016, 08:38:18 PM
 #7

Here's an article explaining why apple isn't on twitter and how not one of the accounts supposedly associated with Apple represent an official voice.

http://www.cnbc.com/2014/02/21/why-isnt-apple-on-twitter.html
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October 12, 2016, 01:29:45 AM
 #8

Do you actually expect Monero to pump just because it was added in Jaxx?

Yes price will get stronger because of it.

who cares what apple does with the App Store. Jaxx is nice. at last there is a gui wallet for xmr  Tongue

Yes lots things come together with it.  
What I care is that Apple actually care of anonymity in cryptocurrencies.


Dude come on ..that Apple line is total bullshit you know it  Cheesy

Gimme a break you god damn shill  Roll Eyes

Is not bullshit.
I thought Apple only care to make an autonomous cars, and give a shit about Crypto and will leave that to Microsoft. But this is a clear sign they care. And they will pick only best partners there are.

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October 12, 2016, 06:47:54 AM
 #9

It is not really big news and there is nothing special about it. Jaxx wallet also has other cryptocoins included in their Apple IOS app and it did not even affect them in any way. If you think this news will be the cause of another pump and rise in price I am afraid you are mistaken my friend. But it is still nice to see some cryptocoins included in an IOS app and approved by Apple.

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October 12, 2016, 06:51:14 AM
 #10

Things are building up slowly. Keep the good news coming, but don't expect each of them cause a pump.
And at some point, if nothing wrong happens, the price rise will continue. It happened to Bitcoin too, it happened with other coins too. Nothing happens overnight. Patience is the key.

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October 12, 2016, 08:30:27 AM
 #11

from my search I found out that Jaxx is just a wallet!
so I guess this is really not 100% correct.

Seems Monero is seeing as one of leading Cryptocurrencies by Apple and they partner it.

it would be just like any other wallet or any other app that is available on their store. and has nothing to do with monero if you ask me.

and these things never have any effect on price.

I believe in monero's future but the current price drop is because of the pump that happened recently and now we are coming back from the bubble, and news like this may only raise the price a little at best.

Only Bitcoin
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October 12, 2016, 09:12:50 AM
 #12

from my search I found out that Jaxx is just a wallet!
so I guess this is really not 100% correct.

Seems Monero is seeing as one of leading Cryptocurrencies by Apple and they partner it.

it would be just like any other wallet or any other app that is available on their store. and has nothing to do with monero if you ask me.

and these things never have any effect on price.

I believe in monero's future but the current price drop is because of the pump that happened recently and now we are coming back from the bubble, and news like this may only raise the price a little at best.

well, you're right that Jaxx is a wallet, but apple seems te be a bit selective on which coins it allows on its appstore (via jaxx): https://news.bitcoin.com/apple-tells-jaxx-remove-dashpay/

don't know why they wanted it removed though?
maybe because of the premine?
maybe because it doesn't comply with fincen regulation because of masternode scheme?

I just don't know why, and actually I'm still waiting for official confirmation from apple that they will accept jaxx WITH xmr to believe it's really true...

best regards
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October 12, 2016, 12:10:34 PM
 #13

don't want to speak ill of XMR but your reasoning are all wrong. Apple allows any kind of crap on their store.
have we forgotten how many bitcoins were lost to fake bitcoin wallets on their store?
https://www.google.com/search?q=fake+bitcoin+wallets+on+app+store

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October 12, 2016, 12:13:00 PM
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don't want to speak ill of XMR but your reasoning are all wrong. Apple allows any kind of crap on their store.
have we forgotten how many bitcoins were lost to fake bitcoin wallets on their store?
https://www.google.com/search?q=fake+bitcoin+wallets+on+app+store

well, you're talking about applications... I'm talking about the crypto itself...

why was Dash refused in Jaxx by apple? you know?

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October 12, 2016, 12:21:56 PM
 #15

Things are building up slowly. Keep the good news coming, but don't expect each of them cause a pump.


Well it looks there is a monero pump already looking at coinmarketcap.com
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October 12, 2016, 12:23:52 PM
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don't want to speak ill of XMR but your reasoning are all wrong. Apple allows any kind of crap on their store.
have we forgotten how many bitcoins were lost to fake bitcoin wallets on their store?
https://www.google.com/search?q=fake+bitcoin+wallets+on+app+store

well, you're talking about applications... I'm talking about the crypto itself...

why was Dash refused in Jaxx by apple? you know?

best regards

Apple's policy against cryptocurreneis is not clear and they never say anything about why they made any of these decisions.

they have also banned ether related stuff so i guess one of their reasons can be that they don't allow heavily manipulated coins.

and by the way the only virtual currency that apple has recognized officially is Bitcoin and they did it back in June 2014

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October 12, 2016, 12:40:05 PM
 #17

It is not really big news and there is nothing special about it. Jaxx wallet also has other cryptocoins included in their Apple IOS app and it did not even affect them in any way. If you think this news will be the cause of another pump and rise in price I am afraid you are mistaken my friend. But it is still nice to see some cryptocoins included in an IOS app and approved by Apple.

Yes it is not a big news. But is still strange why it is published in so many newspapers then.

https://bitcoinmagazine.com/articles/monero-coming-jaxx-wallets-including-ios-with-apple-s-blessing-1476224917
http://www.nasdaq.com/article/monero-coming-jaxx-wallets-including-ios-with-apples-blessing-cm692114
https://cointelegraph.com/news/jaxx-announces-inclusion-of-monero-across-9-platforms-including-picky-app-store
http://www.razor-forex.com/2016/10/apple-gives-jaxx-approval-to-add.html
http://www.cryptocredits.net/blockchain/monero-coming-jaxx-wallets-including-ios-with-apples-blessing-nasdaq/
http://coinwelt.de/2016/10/jaxx-verkuendet-monero-integration/
http://blog.claimyourbitcoins.com/monero-the-ups-and-downs-of-an-anonymous-currency/
http://www.xbt.money/monero-the-ups-and-downs-of-an-anonymous-currency/
....





Apple's policy against cryptocurreneis is not clear and they never say anything about why they made any of these decisions.



Exactly. They never told anything about their criterias. Most likely to not reveal them to their competitors. Doing so did not give us clear picture how serious they take crypto. But partnering with Monero they proved they spend lots time thinking about it and made a good research.
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October 12, 2016, 12:53:19 PM
 #18

After their removal of DASH, one could have thought that they were against anonymous coins.  But Icebreaker was right: it is probably the financial structure of the DASH DAO and which put them off, given that Monero is more anonymous than DASH and is now accepted (apparently).
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October 12, 2016, 01:09:56 PM
 #19

there's also some discussion going on on the dash-reddit, with some good points: https://www.reddit.com/r/dashpay/comments/5706ic/now_that_apple_has_approved_monero_we_can_throw/

especially the post by justonetheory:

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I cannot vouch for this theory but it is another good reason to fund the dash legal review:

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The critical aspect of this is the guidance that was issued by FinCEN in March of 2013. https://www.fincen.gov/sites/default/files/shared/FIN-2013-G001.pdf. In order for a crypto currency to be compliant while at the same time avoiding the requirement of registration as a Money Services Business, and consequential AML/KNC requirements, the crypto currency must qualify as a "De Centralized Virtual Currency" under the guidance. This means that the block rewards have to go in their entirety to the miners and cannot be diverted for other purposes such as to fund development or marketing. If the block rewards are diverted in such a manner then those who are administering the diverted block rewards would be very likely be considered to be "administrators" or "exchangers" under the guidance, be required to register as MSBs and be subject to AML/KNC reporting requirements among other requirements. Ripple has already been subject to regulatory enforcement over this very issue. While I am not aware, at this time, of any regulatory action over this against Dash, the risk in that case likely remains very high. While this is specific to the United States, the reality is that the United States is at least for the time being, the world leader in financial regulation in particular because of the reserve currency status of the United States dollar.
ELI5: There may be some legal consequences for PoW cryptocurrencies that divert part of the block reward to anyone other than the miner.
I do not expect Apple to ever reveal the exact reason(s)
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October 12, 2016, 03:08:23 PM
 #20

I can not find that Apple store will recognise any altcoin now, you can check link here http://www.apple.com/shop/help/payments. But of course crypto will be implemented in online shops, like Monero, Litecoin, ETH.  Grin
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