Today, the digital currency exchange market is packed with a broad variety of choices, therefore picking the best exchange or trading platform can be quite a problem for both beginner and expert cryptocurrency users.
Binance is regarded as one of the fastest growing exchange for trading cryptocurrencies. It has become so popular because of its unique factors such as availability in multiple languages, top-notch user interface, and the way it facilitates the processing of orders at a remarkably high speed.
Their headquarters was initially located in China but recently transferred to the crypto-friendly Island of Malta. Even though the company is still relatively new to the market, it has succeeded growing in popularity for several reasons including its impressive number of Initial Coin Offering (ICO) listings, professional approach, low trading fees, and friendly CEO.
Utilizing The Binance Exchange
The name Binance is a combination of “Binary Finance,” implying that they only administer digital assets. Binance does not support fiat currencies. That’s why users can’t convert dollars, euros, yen, pounds, etc. for cryptocurrencies on the exchange.
Binance have been successful in developing an intuitive user interface without losing the charts, graphs, and other data necessary to create informed investment decisions. Trading is easy and only requires a few clicks to choose the currency pair a user opts to trade and establish the order. The user interface is accessible online and there are also mobile apps for iOS and Android.
Another factor contributing to Binance’s rapid growth is its availability in fourteen different languages. The exchange enables users that speak English, Chinese, Russian, Spanish, French, German, Japanese, Korean, and other major languages to easily use the platform.
The Binance Coin (BNB)
Binance launched an ICO and along its launching, is the introduction of their platform token called BNB. It is an ERC20 token established on Ethereum. The total supply is limited to 200 million BNB, after which no further coins will be produced.
Users can utilize BNB to pay trading fees on the Binance exchange. Binance gives a rebate as an incentive to fund charges with BNB. For the first year, new users on Binance will receive 50% discounted trading fees when paid in BNB. With every succeeding year, the fee discount decreases. On the fifth year using Binance, there is no longer a fee discount for paying in BNB..
It’s considerably rare to see altcoins increase in value when BTC and ETH are not rising as well in the cryptocurrency world. BNB coin has shown no concern doing just that. As BTC prices have deteriorated near the $3500 mark, BNB has firmly risen in the last few months.
At a time when several top crypto coins are dropping value, BNB seems to be a consistent exception. The altcoin is presently at $6.5 mark and may rise to $10 within a few days as predicted
While it’s lost value from its all-time high, it has lingered stronger than many other altcoins, insinuating that BNB may belong in the highest echelon of cryptocurrencies by distinguished value.
Binance also launch its own blockchain called the Binance Chain as the company announced in a tweet on Dec. 4. The new Binance-backed blockchain intends to provide a basis for building new cryptocurrencies and Initial Coin Offering (ICO) tokens.
They also had a sneak peek of their Binance DEX. It is created by the blockchain community, for the blockchain community, with support from Binance developers, as part of elevating its mission to spread the freedom of money. The decentralized exchange is developed on top of Binance Chain, which they began developing and expanded into a community initiative, and will use Binance Coin (BNB) as the native asset.
This is a no financial advice.
The internet has revolutionized the world itself. The only area that seems to be lagging behind is the proof of locations in a map. With many other unethical behaviors on the move, there is a need for a solid, reliable solution for this issue. Foam protocol can be easily termed as the consensus-driven map of the world. It is a blockchain based platform offering an open source platform for geospatial data market.
The foam protocol aims to generate a platform with its user at its center, which tags real-world location so that it can build a consensus-driven map of the world. This platform will act as a foundation or a base of operations filled with trustable data that can be used by various decentralized or centralized applications shortly. The platform being decentralized makes use of the permissionless protocol with a combination of an autonomous network of “radio beacons” to offer its users safe location. This is safe because the radio beacon signal can never be tampered with and is considered as foolproof.
FOAM has Ryan John King at the helm, decorating the post of the co-founder and CEO. He is an entrepreneur with a back ground in urban economics. Kristoffer Jossefson is the Co-founder and the chief technology officer of FOAM protocol. He is a senior full stack blockchain and smart contract developer. Katya Zavyalova is the compliance and chief compliance officer at FOAM protocol. Martin Allen is the chief blockchain engineer. Arthur Roing Baer is the creative marketing director. Ilya Ostrovsky is the protocol engineer.
FOAM tokens will act as the incentive medium of exchange in the FOAM Protocol network. Initially, this will only include the collaboration of TCRs, but as the network and the internal economy grows, “mining” incentives for user signaling will be introduced. The token sale is planned to take place in May/June of 2018.
Information regarding the foam protocol is not yet available. No roadmap has been made available as of yet. The team has been quite active regarding social marketing. More information about the progress and transparency about their plans should be included for increasing investor. This information are needed before making any decisions on this.
FOAM aims to turn networks of special data into real-time markets. Foam wants to provide proof of location. Foam also wants to standardize locations so that they can use smart contracts they also use incentives for location-based data. The foam will also maintain property registry on Etherium while securing the Internet of Things devices, supply chains, and maps. For Foam to be successful, it will rely on the community to adopt its platform.
FOAM incentivizes a distributed network of beacons with radio transceivers, called Zone Anchors, to be deployed. The first signal to joining the network in to find these anchors and joining with them. Proof of Location is solely depended on the accuracy of the synchronized clocks. Zone Anchors send messages until a consensus can be formed on the precise time. The time difference of messages sent and received allows for a location to be calculated and the geometry of the network to be determined. They rely on a Byzantine Fault-tolerant clock synchronization protocol.
What is CanYa?
CanYa is a peer to peer marketplace service for the skilled workers for the crypto community. It is a decentralized market where your services can be traded for the cryptocurrency of traditional currency (fiat). CanYa product is live you can download from the app store and google play store, but they have only made it available in Australia at the start. It was able to successfully process over thousands of jobs on their platform since it was made available in Australia. The key feature of CanYa is that it is all about the services that are your nearby so the customers will be able to contact directly to the clients without going through any third party.
They will provide these services to a wider audience over their international expansion. Their main feature is that it is a peer to peer decentralized system that allows users to connect with service providers with ease and billing of the service is very easy as they allow both cryptocurrency and fiat to pay for the services.
How it Works
As we know, it is a decentralized peer to peer marketplace for the jobs. It has these main features as a product.
Peer to peer – as it connects with user and service provider directly without any intermediary, so it becomes easy to find a good range of service and that too within the cost of your choice.
Rating System – the can app has a rating system which lets buyer of the service and providers of the service to review each other and give ratings. This will help in finding the right service required by you. This system ensures that well-rated service providers get rewarded by more work.
Billing system – the customers can pay using the crypto and their traditional currency. They can check the available cryptocurrency payment and pay. And the service providers also have the choice of receiving the compensation in any of the cryptocurrency or fiat. The CanYaCoin platform will handle the exchange process.
App with many unique features – the app of CanYaCoin has many new features that are required when hiring a person for the job. These features include free voice calling, messaging support and also the invoice service. In the future updates for the desktop versions, they will also add video chat support for their platform and many new features along with the translation.
Wallet – you can link a credit wallet with CanYaCoin app so you can do the transactions very seamlessly and spend some crypto for the service.
CanYa network does not charge anything for the transaction, and you can transfer your money to your account by just using your details without any fee or commission. CanYa is built on the Ethereum blockchain, and it does all its transactions by utilizing the smart contracts. As it is done by smart contract so there will not be any dispute during the transaction as every detail of the transaction will be locked on the blockchain.
The Team At CanYa
CanYaCoin was founded by John-Paul, Chris Mcloughlin, Kyle Hornberg, and Rowan Wilson. John-Paul is the CEO of the company while Chris is serving as CMO, and Kyle is serving as COO of the company.
They have a total of 20 members in the team, and they also have a functional product. Their team also has as many as 15 advisors.. Their advisor list is very diverse as many of them are founders of some other projects and many CEO’s of other ventures also in the advisor list.
Their team has vast experience in the blockchain market, and that is why first they developed their project and then decided to do their ICO. You can check them out on their website, and they also have their LinkedIn profiles linked so don’t forget to check that too.
CanYaCoin ICO and Token
They chose to work using the Ethereum blockchain because it was easy for them to design their project rather than creating a new blockchain from scratch. Their ICO was started on November 26, 2017, and ended on December 27, 2017. All the information about their ICO is listed below.
CanYa ICO Information
Token – CAN
Platform – Ethereum based ERC20 token
Price – USD 0.79 for 1 CAN
Total supply of tokens – 100 million
Hard cap – 23 million USD
Token available for sale – 60%
ICO start date – November 26, 2017
ICO end date – December 27, 2017
This is the basic information about the CanYaCoin ICO. Their coin allocation is as follows:
– 60% tokens were for the crowdsale
– 20% tokens were reserved for the Founders and advisors
– And 20% tokens was reserved for the reward pool
They raised around USD 23 million in their ICO. Their fund’s allocation for the project is as follows:
– 35% for the ongoing development
– 15% for initial development
– 30% for marketing and expansion
– And 20% was kept as the working capital
– There was also a bonus system during their ICO.
Exchanges To Trade On
Their project idea is more promising than their project itself and a very good team at the helm they have benefited regarding gaining a wider audience. Their coin CAN trade on many exchanges. Some of them are listed below.
List of CanYa Exchanges
These are some exchanges where CanYaCoin can be traded with the fiat or ETH, BTC, and USD. These exchanges allow you to trade after registering on their network or you can sync your wallet on these platforms.
Roadmap to the Future
They started their journey in November 2015 and launched their product in March 2017. Right after the soft launch of the product, they conducted their ICO sale.
After ICO was finished, they waited for around five months to further develop the project and launch it globally. They launched their product globally in March 2018. They are set to launch the next version of the product in July.
August will bring the advance matching feature to the product. It will also improve its decentralized platform as it will integrate its features for users to aid in curation and arbitration.
The blockchain today is seen as one of the most advanced technologies in modern history. Despite this, its actual influence has yet to be fully used. The developers of VEE have discerned the potential result that blockchain could have and the new era it could lead that they have termed as the Virtual Economy Era. The name of the digital currency that will be used on the VEE platform has been named VEE.
There have been several efforts to use the blockchain for data storage. However, some have not been so successful, and the problem is that many endeavored to utilize the bitcoin blockchain to do that. The developers of VEE still have a lot of hope in the application of the blockchain as a database.
What is V SYSTEMS?
V SYSTEMS formerly known as VEE is a blockchain database cloud project headed by the legendary blockchain developer and inventor of PoS consensus Sunny King, engaged F50 Silicon Valley conference and issued a few technical highlights of SPoS, aka Supernode Proof of Stake.
It aims to build a completely secure underlying infrastructure platform for blockchain database by innovations of consensus mechanism and blockchain platform roles so that companies utilizing the VEE blockchain platform can concentrate on their own business instead of probing into coding concerns. In this system, the VEE blockchain platform can assist the development of trillions of blocks efficiently in the future and create a new world of the blockchain.
Like Satoshi Nakamoto, the cryptocurrency pioneer, Sunny King developed PeerCoin and PrimeCoin, both of them placed among top 10 market capitalization worldwide. By advancing the Proof of Stake consensus mechanism, he gained significant contributions to the development of cryptocurrency technology. Sunny King directed the team to set out again, with the hope of overcoming the technical limitations and entry costs of blockchain further and introduce the technology to a broader range of applications.
- The adoption of SPoS consensus algorithm can support industrial TPS and diminish the operating charge of the whole system while determining the energy consumption problem.
- Exclusive and Innovative cloud computing highlights can produce blockchain efficiently, reduce the cost of development of blockchain applications, and contribute more developers with an efficient and accessible application development platform.
- Common database functionality presents data and information in a detailed and integrated manner while maintaining multiple consensus algorithms allows application developers to focus on business logic.
- Smart Contract VEE platform projects to support both Ethereum and EOS smart contracts in a compatible manner. Virtual machines will be executed in a modular manner so that applications can decide the kind of smart contract they prefer; It will also evaluate and recognize the growing number of other competitive smart contract systems.
Sunny King’s Project Summary
King introduces V SYSTEMS as a project intending to make the Virtual Economy Era one step closer.
Throughout the development, his team worked hard to produce a new blockchain model based on the Supernode Proof of Stake Consensus system. Now they want to ensure the necessary corporate arrangements in place to take the project to the next level. V SYSTEMS will enable users to achieve the next stage of their vision.
A more detailed development, the new Supernode Proof of Stake Consensus (SPOS) is more resistant to 51% attack than Proof of Work Consensus (POW).
A flexible smart contract system is under development that will allow support for different languages.
Database functionality is being developed in stages with close integration with smart contract system in mind.
They also have updated the community on the progress of project V SYSTEMS. They are laying the foundations for a future where blockchain databases present the fundamental infrastructure operating businesses, economies and possibly society itself.
The Iryo Network is a blockchain based technology which specializes in global repository of open electronic healthcare record data. Few people are ready to provide data to Google electronic healthcare record type of services where all of the medical data is shamelessly used for reaping commercial benefits out of people’s health condition. Iryo on the other hand has decided to give up its access to plain data. Iryo perceives the medical data it holds as a “toxic asset”, because Iryo believe that holding too much data in one place presents them with a liability risk.
To avoid this mishap, Iryo has found itself with a solution. That is the zero-knowledge data storage. Zero-knowledge data storage is resistant to all attacks, including the latest inside attacks. Now how does Iryo become so tough? Iryo protects its data by encrypting them on their user’s mobile devices with a public key.
A private decryption key remains on the patient’s/user’s device. Whenever someone wants to access patient data the patient has to approve their access hence making the process foolproof. The patient has to decrypt the data using Iryo electronic healthcare record app so that another pair of eyes can browse through his personal healthcare details. This gives a re-encryption key to the doctor’s public key.
The company has Vasja Bosko at the helm as their chief executive officer. He has experience in offering hi tech digital solution. He has worked in many key positions in companies like bitstamp, 3fs and unicredit.He has a passion towards crypto and blockchain technology. Dominic Nidat is the chief chief technology officer and Peter Kulrat is the head of the strategic development of this company. Other key members are Domen Savič, Črt Vavroš, Alberto Malave, and Andrej Mihelič.
Iryo Network Roadmap
The Iryo Network has announced their plans till two thousand twenty. Their preliminary research began in two thousand fifteen; Iryo had their seed in two thousand sixteen, and a fully fledged development in two thousand seventeen. They will have their first ICO Production Grade Implementation in two thousand eighteen, Iryo and its products will be released in the year two thousand nineteen, and iryo aims its network expansion to begin in the year two thousand twenty. They have started implementing their plans and have laid their ground work. They are trying to establish common network between the medical systems across the globe so that the data can be accessed from anywhere by anyone. The pilot project is going nice and well. A lot of improvements are expected in the coming years. There will be the integration of the interoperable integrated health records powered by the blockchain technology with zero-knowledge storage.
Before going into the details it is important to understand that through the creation of a unified health record system, patients all over the world will have secure access to their private health records, as well as the chance to share them with professionals anywhere only with the click of a button. Open electronic healthcare record features the interoperability of medical records to everyone irrespective of a person’s location or financial background. The platform has been coded in such a way that it has used the latest language called the go. It has given iryo the power to remain robust yet easily scalable, hence making it more adoptable. One of the other main attractions on Iryo’s working is its use of the digital licenses that helps in providing digital scalability in accordance to the time. When we look close we can see that Iryo makes use of an API called the swagger. The swagger allows Iryo to have many benefits such as faster transaction speed, affordable processing and transaction fees etc. Another major advantage of Iryo is that the entire codec used for this platform is available for free in the internet.
The Iryo Token
These tokens are used in the Iryo platform that is designed to be used as the gateway by the clinics, patients, and researchers. The Iryo coin makes everybody a part of this network. The tokens also do the job of promoting the privacy of the patients even when their data are used for research. The token will be in a utility style.
Iryo is the first participatory, blockchain driven healthcare network built on decentralizing access to medical data. We’re driving the next generation of healthcare by standardizing health-data, employing zero-knowledge encryption and powering medical AI & Big Data research. The major advantages of Iryo are as follows. High-level zero-knowledge encryption makes medical data useless to hackers and attackers all overe the world making the data of the users much safer. Multi layer Permissions are needed to gain access and the access control enables secure exchange of sensitive medical data. With the kind of team and the advisors they have, and with the investors backing them up, Iryo seems to have a very good future ahead.
Etherparty is one of those tools that allow us to create smart contracts in blockchain. It eliminates complexity of developing, managing and executing smart contracts on any blockchain platform and makes it rather easy. The platform is developed in such a way that even a novice can create an enforceable, self-executing digital agreement for any transaction according to his wish. One does not need to be a domain expert or a seasoned programmer and the user do not have to understand the complexities.
Etherparty is planning to launch and get adopted by small businesses, new enterprises and consumers. They have this particular lot because these kind of people lack the expertise to write codes and execute a smart contract and also they don’t have to deal with the horror of writing codes on their own. This is a promising step towards future as many people keep away from smart contracts solely due to the lack of knowledge and technical knowhow. Etherpary can easily fill these unique gap with ease.
Etherparty has also partnered with Enterprice Ethrium Alliance. This is crucial because with a rock solid backing like Enterprice Ethrium Alliance, Etherparty has chance to accelerate adoption of smart contracts to the real world.
How Does Etherparty Work?
What Etherparty does is that it helps you to create a smart contract by using a preconfigured smart contract template. The template allows you to customize it in according to the needs of the customer. Then the template is directly launched into the Etherium blockchain. In this case the person the technical knowhow or the technical expertise can create a smart contract without even writing a single line of code. this will make blockchain go further deep into our community, as up to date, only experts could create such smart contracts.
Since Etherparty uses templates for smart contract production, the Etherparty platform will host a variety of smart contract templates in a library of its own aimed at a plethora of industries. They include banking and finance sector, healthcare sector, real estate field, regular trading, insurance sector, supply chain management, foreign exchange trading etc. those who wants to use a template can acquire it by accessing it using the FUEL coin and launch their own smart contract.
The FUEL Coin
FUEL tokens are the heart and soul of Etherparty. FUEL is a transferable ERC-20 compliant digital token which has been deployed on the Ethereum network and is now used as the in-app currency that powers the Etherparty platform. The FUEL coin manages contract libraries, security testing, monitoring, network fees etc. one billion FUEL tokens will ever be created. Ten percent is allocated for Etherparty. Five percent will be to the team, five percent to be sold on the platform and ten percent to incentivize clients, beta testers, enterprise clients and community.
Etherparty has given itself the goal to completely digitalise the way in which enterprices and individuals do business. it will be interesting to see how this platform fares on the international blockchain market in the forth coming years.
Cryptocurrency is becoming more and more popular nowadays and the rate of cryptocurrency adoption is at all time high. It is expected that the usage of smart contracts which are automated will be the norm of the companies and individuals in the coming years. If all the plans workout and smart contracts increases, we might see a sharp increase in the value of the FUEL token. With the team that is behind Etherparty, their ambitious goals suddenly seem to be achievable. With such strong team and advisors backing them up, the future for Etherparty looks bright. However, before investing in this currency, individuals should do a bit of research on their own in order to assess the pros and cons of the associated platform.
DASH or Digital Cash was invented so that private payments can be done online in an instant. It is a value focused crypto currency. The DASH comes with enhanced level of user anonymity, hence providing the user a feeling of security. The DASH comes with a low exchange rate but has a faster conformation time. The DASH has implements PRIVATESEND technology to its protocol level itself making it lightning quick during transactions. Another main thing about DASH is that, DASH merges smaller multiple transactions into a master transaction which is then signed by the sender before getting broadcasted to the network.
Recently DASH has also introduced the concept of master nodes. When certain nodes meet the criteria level set by the network, they will become the master nodes. They replace the centralized servers up to an extent. Creation of such master nodes has allowed the developers at DASH to create and operate a highly stable currency.
Although blockchain keeps anonymity of its users, it is actually possible to find the person behind the private key as it is available on the public ledger. It is also the case with bitcoin. The DASH creators solved this problem by creating something called the DARKSEND framework. The DARKSEND framework takes all the smaller transactions and put it as a bundle making it extremely difficult to find a specific sender and a receiver. More than that, the master nodes will make the transactions in such a way that it is random and rational. Thus DASH ensures the anonymity of the user.
How Does DASH Work?
DASH works in a similar way to that of the bitcoin. Bitcoin uses a single tier network where as the DASH uses a two tier network. These two networks combine to make DASH coin one of the best crypto currencies of all time. First tier is designed just like the bitcoin itself. Users relay all their transactions to the network and the miners put these transactions to the network. The innovation of DASH comes in the second tier where they use master nodes. Master nodes adds speed making it lightning fast, privacy by implementing DARKSEND protocol and also adds another layer of decentralization where user has the upper hand.
You can buy DASH coins through wire transfer from all the major exchanges. In selected locations it can be bought through automatic teller machines or the ATMs. One should stay up-to-date so that he or she could reap maximum benefit out of this crypto currency.
DASH wallets are devices used to send receive or transfer coins to one another and is advised to use a strong password.
DASH stands at the 6th largest crypto currency in terms of total market capitalization. It has never gone out of the top ten crypto currencies in the world since its inception. The usage of master nodes and clear governance has made positive impact for DASH in the long run. Further, the DARKSEND feature which grands the user complete anonymity is also a huge bonus for DASH and its customers. Investors always look for mature crypto currencies who has proven their grounds instead of picking the winner of the moment. DASH had intense competition yet it thrived and succeeded.
DASH is designed in the way that the profit will reach everyone according to the investments they made and the risks they have taken. It does not have any loopholes in it, nor does it give any special privilege to investors. DASH is the closest thing that we have to blockchain based decentralized governance. They have envisioned a future for DASH where it is transparent and unbreakable. So we can say that DASH has everything that it need to innovate, grow and sustain in the long run.
CEEK is a blockchain based technology which allows artists and content creators to stream their productions in Virtual Reality (VR) for anyone with a VR headset for mobile to enjoy. CEEK has managed to secure partnership with companies such as Universal Music, Apple and T-Mobile, CEEK is allowing users to experience sold out star studded shows for everyone all around the world. CEEK has something special called the celebrity coin mint where any artist who wants to perform can create their own custom minted coins that act as tickets for shows; the main gain of this system is that it allows the artist to get connected to untapped revenue streams.
By using this clever piece of technology, the artists can create their own virtual concerts and sell unlimited tickets as there are no physical boundaries in CEEK’s Virtual world. These artists can not only sell tickets but also they can sell their own merchandise which are authentic and verified on the blockchain that can be traded within CEEK’s ecosystem: CEEK City. This will help them generate much more revenue in minimal investment. CEEK counts with several venues that will feature different VR entertainment productions such as live music events, sports events, VR movies and more.
The CEEK VR
CEEK is a virtual reality company best known for its CEEK Virtual Reality Headset. You buy the headset, start the CEEK app, and slot your phone into the front of the headset to experience VR concerts.
Using CEEK’s app and headset, you can get VR experiences for concerts, backstage access, learning, VR games, documentaries, and more. The app features contents from mainstream artists like Katy Perry, Lady Gaga, U2, Elton John, The Killer, and more. Recently CEEK has managed to sign a partnership agreement with universal studios. So CEEK can feature any artist from the universal family making CEEK a huge deal and has made virtual concert the next big thing. CEEK’s headset is already available to purchase from Best Buy, Amazon, and other retailers for around $80. Now, CEEK plans to branch into crypto currencies by creating its own tokens.
CEEK has mary spio at its helm as the founder and the chief executive officer. She held key positions at
Next Galaxy Corp, Gen2Media and The Boeing Corporation before starting CEEK. Christopher J cramer is the chief blockchain engineer at CEEK. Ray Gagnon is the vice president of sales at CEEK. Lauri Clark is the Chief operations officer at CEEK. Akim Mellington is the director of global partnerships. Saibaba Talluri is the vice president of global strategy.Alex Lasarev is the chief marketing officer.
How Does CEEK Work?
Like we discussed earlier, CEEK will allow artists to use a special tool called the Celebrity Coin Mint. This mint creates unique custom coins which will act as an entry pass to one unique event which that ticket is made for. Artists can issue coins prior to a concert, for example. Then, anyone who purchases those coins can “attend” the concert by playing it through the CEEK VR app.
All these coins have their own Ethereum address. Artists can uniquely sign each token to prove its legitimacy.
The idea behind CEEK tokens is that when you doa contribution to the platform you can earn coins and watch your favourate stars front row. If you create your own original quality content with your unique knowledge or skills using this platform, then you can earn CEEK tokens.
These coins have their own Ethereum address. Artists can uniquely sign each token to prove its legitimacy.
The idea behind CEEK tokens is that you can earn tokens in exchange for making contributions to the platform. If you create quality content – like your own unique knowledge or skills – with the platform through an educational event, for example, then you can earn CEEK tokens.
Developers can also earn CEEK tokens by leveraging CEEK’s VR authoring tools, open APIs, and SDKs, allowing them to create custom virtual environments, venues, or digital goods inside of the CEEK ecosystem. The CEEK ecosystem is headquartered in a virtual environment called “CEEK City”.
Finally, CEEK token holders can vote on various initiatives and roles. The CEEK ecosystem will be governed by people like the Governor, the Director of VR Programming, and other community-elected officials.
CEEK is a virtual reality environment currently available to download for iOS and Android. You download the app, then purchase the CEEK headset from Amazon, Best Buy, or target at around eighty dollars to begin experiencing virtual reality content.
The company recently announced a token sale for CEEK tokens. CEEK tokens will be used for all transactions within the CEEK ecosystem – including the virtual environment known as CEEK City. With the team, advisors and the partnerships they have, CEEK looks like a sure fire success. Tose who want to invest should do a profound and deep research of their own before investing.
What is Emotiq?
Emotiq is a powerful next-generation regionalized blockchain with PoS (Proof-of-Stake) agreement and smart contracts with usual language. Emotiq is constructed on Omni Ledger, which is a disseminated ledger that offers VISA and MasterCard at thousands of trades for each second. This blockchain is originated to be private, ascendable, and usual.
Scalability, usability, privacy are main features of Emotiq. Let’s go to see how they propose to address these various goals.
It is constructed on Omni Ledger now, only 3 projects are building on Omni ledger these are Emotiq, Zilliqa, and Harmony. This provides believability to their rights. Omni Ledger technology introduces high contract output and parallel scaling via sharding. Their third chief concentration feature is its interesting thing that will improve and increase this scalability reached through Omni Ledger.
Create their blockchain as “natural” is the main aims of Emotiq. It is the main feature of this blockchain. A blockchain with easy-to-create submissions is wanted to provide Emotiq. Allowing the team, “Emotiq intentions to be the greatest available and friendly blockchain of them all like the Apple to supplementary blockchains and also Windows and Android.
Ring is an easy English programming language which is easy to read like a newspaper. Emotiq smart contracts are written in Ring. Everyone can recognize, read and even write legal agreements through it.
I think everybody knows, so do not require to describe why privacy can be a destroyer characteristic for a blockchain. In the situation of Emotiq, where ordinary users are pointed to usage and create smart contracts: there is a normal implore of secrecy (especially concerning finance) with people then desires to be appreciated for an extensive agreement of blockchain. The tech exploited to arrange for privacy will control the scalability of Emotiq. Operating several outputs is bulletproofs suggestion for big developments because it agrees with a chain to measure logarithmically as an alternative of the natural in lines scale of contacts. At the similar time, allow keeping the block size small in the MimbleWimble.
The Platform of Emotiq
The Emotiq platform contains three primary elements:
Creators of smart contract use oracles such as pre-constructed elements. Originators are materialized to create new oracles during a fee-per-operation pattern, in which the creator of the oracle is given every time an oracle delivers an answer.
Emotiq reconceives the title role of smart contracts. Smart contracts are computer programs that feature the situations under which an operation or allocation of tokens will happen, and completes them consequently. This computer program is only comprehensible by computers, not humans, which is the limits of their usefulness.
Oracles agree smart contracts to interrelate with the outer world and are an energetic part of the Emotiq platform ecosystem. Oracles save real-world records to deliver outcomes in answer to questions through by smart contracts.
Throughout Ring is the Emotiq smart contract language, but a pioneering explanation for non-programmers and individuals pleased to program by the requirement.
Ring is a Basic English language for smart contracts in Emotiq. The Ring VM enters smart contracts written in the Ring language such as well as most, Ethereum contracts engine converted from Solidness. It is a PoS blockchain made with features of informal to cryptograph smart contracts.
Emotiq started Private sale in Blockchain prototype by two parallel blockchains: (a) Primary, (b) Secondary
Started Public TGE by Testnet.
Delegated PoS (Proof-of-Stake), Real-time trust-but-verify transaction validation.
Works for Testnet improvements.
Blockchain checkpointing and compression.
Started EMTQ token sale.
Team Members of Emotiq
Joel Reymont is an experienced hacker and blockchain pioneer. He has experience of twenty-five years in software engineering and management. He was before CTO at Top 100 cryptocurrency and Blockchain Company.
Some of His Experiences are–
Wager Labs, SA
Jun 2002 – Jun 2017
- Long Island University, Brooklyn Campus
N/A, Computer Science
1992 – 1993
He has Skills in Mac kernel, USB, Kernel, Erlang, Lisp, Embedded Linux, Reverse Engineering, C++, Mac OS X, Java, Distributed Systems, Databases
VP of Engineering
Vladimir Lebedev is an experienced person, whose has works experience managing technology in telecom, fintech, and media companies over twenty-five years. He was CTO of the Russian stock exchange, wherever he made its trading system and network structure.
Some of His Experiences are–
- Novosibirsk State University (NSU)
B.Sc., Mathematics, Applied Mathematics
1987 – 1991
- Novosibirsk Physics-Math High School
1985 – 1987
He has Skills in Software Development, Cloud Computing, Telecommunications, Program Management, VoIP, IT Management, Business Strategy, IT Strategy, UNIX, Team Management, Mobile Devices, and Product Management
Emma is the Chief Operating Officer at Emotiq. Before joining the team, Emma operated for long years in counterterrorism in US Department of Homeland Security. She was also a lawyer in the US, specifying in private settlements and commercial law. She completed her graduation from Virginia Commonwealth University in BS in Mathematical Sciences.
David McClain, PhD
David McClain is exactly a rocket scientist. Qualified in theoretic and astrophysics. He has worked for as a Principal Scientist in Aerospace industry.
Some of His Experiences are–
- City College of the City University of New York
- University of Wyoming
Observational Infrared Astrophysics
- Rose-Hulman Institute of Technology
- University of Arizona
Shannon Spires is an engineer who works on multi-disciplinary schemes. He spent his career as an investigation engineer at a national laboratory in the US.
Some of His Experiences are–
- Agent Hacker
Jan 2018 – Present
Amplitude Energy Analytics
2012 – Present
MCC, austin, texas
1985 – 1986
- University of Texas
MS, Electrical & Computer Engineering
He has Skills in Artificial Intelligence, Data Mining, Data Visualization, Embedded Systems, Life Cycle Analysis, Electric Power, Common Lisp, Prolog, Object-Oriented Databases, Algorithms, Software Engineering, and Natural Language Processing.
The career of Paul Tarvydas has extended over three years of working in microprocessor compiler, electronics, and operating system design.
Some of His Experiences are–
Tsus4 Inc., Toronto, Canada Area
Apr 2013 – Jan 2018
- Director of Software Development
Tarvydas-Sanford Controls Inc., Toronto
Sep 1984 – Jan 2013
- Director of Software Development
Design Recovery Inc.
1996 – 1998
- University of Toronto
1978 – 1981
- University of Toronto
BSc, Arts & Science (Core Physics program)
1973 – 1977
He has Skills in Software Engineering, Software Development, Common Lisp, C, Embedded Systems, Prolog, Eiffel, WAM, FBP (Flow-Based Programming), Smalltalk, Assembly Language, YACC, PEG, Linux, Programming, Team Management, and Software Architectural Design.
Mark David has over twenty-five years of practiced Lisp programming experience to Emotiq. He is an experienced software architect, developer, and technology leader.
Some of His Experiences are–
- VP Engineering, Cofounder
Expressive Database, Belmont, MA
Sep 2009 – Sep 2013
- University of Chicago
1978 – 1983
He has skills in Software Documentation, Software Development, UNIX, Lisp, Software Engineering, Perl, Agile Methodologies, Artificial Intelligence, Operating Systems, Common Lisp, and Java.
Mark Evenson since mending together a supplied system to development data saving on unused night nodes of the Cornell astronomy network.
Some of His Experiences are–
CloudFleet <https://cloudfleet.io>, Vienna, Austria
Apr 2015 – Present
Jan 2005 – Present
- Contract Software Developer
(withheld), Vienna, Austria
Dec 2016 – Mar 2017
- Cornell University
1987 – 1991
He also has skills in Systems Architecture, Social Software, Lisp, Java Enterprise Edition, Distributed Systems, XML, Web Services, Software Engineering, Java, Software Development, UNIX, Python, C++, and Mathematics.
Anna Movchaniuk is a devoted, active, and detail-oriented business communications specialist with broad public relationships experience in Europe and Canada. She also worked on projects in trades as such as sporting events, finance, and film.
Some of His Experiences are–
- Personal Assistant
DVBank, Kyiv, Ukraine
Sep 2013 – Nov 2014
- Seneca College of Applied Arts and Technology
Graduate Certificate, Corporate Communications, and Public Relations
2015 – 2015
- Kyiv National Economics University
Master of International Economics and Management, International Economics
2008 – 2014
She also has skills in Microsoft Office, Research, Teamwork, Time Management, Public Relations, Strategic Planning, Executive Administrative Assistance, and Presentation Skills.
China Community Manager
Wen Qiang has a deep experience of the Chinese cryptocurrency place and full support of blockchain projects, he delivers the Emotiq team through skilful local advice, proposing Chinese language support through all of Emotiq’s social mass media channels.
|Token Price||0.1333 USD|
|Fundraising Goal||39,000,000 USD|
Emotiq Token Information
|Hard cap||60,000,000 USD|
|Restricted countries||No restrictions|
|Know Your Customer||Yes|
Emotiq will create one billion EMTQ tokens, allocated as follows:
15% sold to seed providers;
14% sold through the private sale;
36% sold through public TGE; and
35% sold to be maintained by the Emotiq team.
Emotiq ICO Probability and Strengths
Emotiq operate solutions like zero-knowledge proofs, Omni Ledger, and the Ring VM to develop both functionality and scalability. These development provide another function further just laying support for a big user base without programming ability. Without experienced developers to create out the ecosystem from a new stage, the net claim of the project will decrease completely.
Emotiq ICO Threats and Weaknesses
To illustrate the potential of natural language programming, the whitepaper draws a distinction between the complexity of smart contracts and legal contracts: “It is inaccessible to find out the performance of current smart contracts without employing a computer to check them. Legal contracts, in contrast, can be easily read and understood.”
Furthermore, smart contracts written in clear English are also dependent to misunderstanding. As a non-programmer generating a smart contract written in Ring. The deep-rooted achievement of a protocol is depending on both developers to create out the ecosystem and a support base of devotee to maintain enlightenment and engagement.
Emotiq’s aim doesn’t just at being higher scalable and private than existent solutions. They also desire to admit non-developers to solve the blockchain’s probably to make smart contract.
In conclusion, we’re intensely excited about Emotiq. Like consensus, we accept it’s a Zilliqa level program that is much more promising than the large list of whitepaper program hold elegant performance without any elements.
Some Important Screenshot
Yellow paper: https://emotiq.ch/yellowpaper.pdf/
Bithumb is the biggest South Korean digital currency trade by volume and is among the worldwide pioneers, as indicated by information of the site Coinmarketcap.com. Reports of South Korean media evaluate that Bithumb holds more than 75% of the nation’s bitcoin showcase volume and around 10% of the worldwide exchange. Bithumb likewise holds around half of South Korea’s Ether exchanging volume and is practically speaking the biggest Ether trade on the planet.
Notwithstanding Bitcoin, the trade offers a few of the most prominent cryptographic forms of money: Ether, Dash, Ether Classic, Litecoin, Dash, Ripple, Bitcoin Cash, Monero, Zcash, Qtum against the South Korean Won. The instrument list positions it among the stages with more extensive portfolios like Coincheck, Bisq, Bitfinex, Bitstamp, and Kraken.
Likewise to the dominant part of digital money trades, Bithumb does not offer utilized exchanging the tokens, but rather spot exchanging. There are a few stages, like Kraken, GDAX, Okex, Quoinex, and Bitfinex who give the alternative to exchanging on edge.
There are additionally a developing number of forex merchants like IG, HYCM, easyMarkets andFXTM, who offer utilized exchanging on CFDs on a portion of the more common digital currencies.
History of Bithumb Exchange
The establishing organization behind Bithumb is called BTC Korea.com Co. Ltd. There is little data accessible from Bithumb or BTC Korea concerning their officials or workers, however. On their site, Kim Jae-Wook is recorded as the present CEO of Bithumb. However, there are no different individuals recorded openly.
Bithumb was the casualty of a hacking assault on June 29, 2017, when a Bithumb worker’s home PC was endangered. The programmer could get to the individual information of approximately 3% (31,800) of Bithumb clients. Just a portion of those 31,800 clients had reserves stolen from their record. After the hack, Bithumb gave pay in the measure of no less than 100,000 KRW (~US$86.50) to each influenced account. The measure of assets lost from each exploited record differed. However, one client detailed lost 10,000,000 KRW (~US$8700).
It is beneficial to take note of that the Bithumb arrange itself was not traded off; had it not been for this current worker’s PC, the hack would not have happened. Even though the hack was terrible and influenced a great many individuals, one might say that the Bithumb organize itself is moderately sheltered, mainly to be one of the biggest digital money trades on the planet.
Features of Bithumb
Their site has a lot of highlights that incorporate Bithumb Cash, KRW Remittance, and coupons that will cut down your exchanging charge from 0% up to 0.075%. A standout amongst the most important highlights this site has is their guide page. Here everything is legitimately clarified (in Korean) through pictures (with English interpretation) on the best way to make a record. What’s likewise extraordinary is that they have a client benefit telephone number which you can contact through 82-1661-5551 that is dynamic 24 hours per day, seven days seven days, and 365 days multi-year.
Trading with Bithumb.com
Like most cryptographic money trades for spot exchanging, Bithumb sticks to nuts and bolts and its exchanging stage does not have any excess fancy odds and ends.
The stage offers three exchanging alternatives: general exchange, simple exchange and held exchange. The general exchange is plain as day. The simple exchange gives the programmed exchanges pre-requested sum with continuous cost. Buy is made in the request from the lower offer sum, and it can change with constant exchange esteem. The saved exchange submits an application at the market cost according to the quantity the customer has asked for at the held base cost.
We’ve gone to the most necessary piece of the trade site, and that would be their exchanging stage. All in all, their exchanging stage is extraordinary since there were no slacks experienced while experiencing distinctive tabs (not at all like their fundamental site). On the gave screen capture, we can see the business sectors recorded on the left-hand sideboard. These are digital forms of money to be specific BTC, ETH, DASH, LTC, ETC, and a couple more.
Tap on the coveted digital currency you need to exchange and enter the amount you need to buy or offer with that individual exchange. On the right-hand side of the exchanging stage, you have their market status and all the most recent exchanges. Likewise, they have three different exchange tabs. These are in particular General Trade, wherein you get the opportunity to see first once you have tapped on their stage. The second one is named Easy Trade, and this tab is for programmed exchanges that have a more “dynamic feel” since the exchange esteem change progressively. For held exchange, this resembles prospects wherein you can put in a request at a particular base cost.
The fundamental commission for exchanging here at Bithumb.com is 0.15% for both producer and taker charge per exchange. What’s more, as specified prior, on the off chance that you have one of their coupons, the bonus expense can go down to 0% or a most extreme of 0.75%! The path less expensive than most western trade sites today.
Deposits and Withdrawals
Stores and here at Bithumb.com are free for all cryptographic forms of money. For KRW, stores are free, yet they charge you 1,000 KRW per exchange when you need to pull back your cash. They do acknowledge wire exchanges for nearby Korean banks, if you need to execute utilizing Fiat. Withdrawal for digital forms of money would rely upon which cash you need to pull back to your wallet. For BTC it’s at 0.0005 for each exchange.
There are no charges for storing money on Bithumb, and withdrawal expenses fluctuate from cash to cash. For Ethereum, Dash, Litecoin, Ethereum Classic, and Ripple, withdrawals cost 0.01 of the relating cash; pulling back KRW costs 1,000 Krw; Bitcoins withdrawals cost 0.0005 BTC. Bithumb can likewise be utilized to send universal settlements as Bitcoin or KRW. Strangely, clients can purchase Bitcoin blessing vouchers from the trade which would then be able to be traded for their relating measures of Bitcoin
According to the neighborhood controls, Bithumb works with fiat money installments just however a financial balance. The store is for nothing out of pocket, while the withdrawal accompanies a 1000 won expense. Stores in cryptographic forms of money are free, and withdrawals are with a cost of 0.01 ether, dash, litecoin, ether exemplary and swell, or 0.0005 bitcoins.
Bithumb does not seem to acknowledge installments with cards, which is very awkward. However, some trades do.
Enrolling ON BITHUMB
Bithumb bolsters both individual and corporate records. To enlist as an essential client on Bithumb, you should first begin by giving your name and nationality. From that point onward, clients need to check their mobile phone and email address. The measure of exchanging that you will be permitted to rely upon the level of confirmation that you give. There are four diverse exchanging account levels:
Level 1 requires just email and SMS confirmation. With a level 1 account, you can store a great measure of virtual cash into your record, yet no KRW. You cannot purchase or offer any cash as a level 1 client.
Level 2 requires advance distinguishing proof affirmation which incorporates everything from level 1, notwithstanding a mobile phone, accommodation of the client’s visa, and I-PIN ID affirmation.
Level three requires the greater part of the above notwithstanding an individual or corporate composed promise.
Level 4 requires the greater part of the level 1-3 reports and also confirmation of living arrangement.
Security and Support
Bithumb has a day in and day out client bolster that is accessible by email at firstname.lastname@example.org or by telephone at +82 1661 5551. They likewise offer face to face interview and support in Seoul. Moreover, there is a huge measure of help related data on their FAQ page, yet the English variant of this page is to some degree restricted. Bithumb utilizes two-factor SMS confirmation to ensure client accounts. Value-based information on Bithumb is scrambled. Clients can confine exchanges to the particular wallet and IP addresses.
The June 2017 Hack
On June 29, a programmer accessed a Bithumb representative’s home PC. The programmer utilized that entrance to get the individual data of 31,800 Bithumb clients, including their names, cellphone numbers, and email addresses. The hack influenced around 3% of all Bithumb clients.
One part assessed that he had lost 1.2 billion Won. The organization kept up that the programmer did not increase guide access to the Bithumb trade. Instead, the programmer accessed the individual data of a few clients – mainly, their record data and their dispensable secret word used to check money related exchanges. In the wake of accessing these dispensable passwords, Bithumb could deplete the records of casualties.
There’s some civil argument over how the assault occurred. Some Bithumb clients report that the aggressor utilized a “Vishing” (voice phishing) task to contact clients via telephone and demand the casualty’s One Time Password (OTP). Bithumb reported plans to remunerate casualties up to 100,000 Won for every individual quickly (around USD 900). Additionally, harms will be repaid when the sum is affirmed.
Who’s Behind Bithumb?
Bithumb is worked by an organization called BTC Korea.com Co. Ltd. That organization is headquartered in Seoul, South Korea. For such a vast trade, there are astounding little data about Bithumb’s group accessible on the web. The Bloomberg profile for the organization specifies no officials, board individuals, or other information about the organization. All we truly know is that it’s a Seoul-based organization named BTC Korea.com Co. Ltd.
Protection and Security
As far as security, bithumb doesn’t give any secrecy because of the South Korean government necessity to require character confirmation for cryptographic money exchanging. Henceforth, people and organizations are required to submit to bithumb different confirmation reports.
It ought to be noticed that to make a withdrawal; you should be validated to level 2. Relocation from level 1 to level 2 confirmations expects you to present a duplicate of your international ID and archive checking your address. The confirmation procedure can take as long as 24 hours to 48 hours yet by and by just takes a couple of hours.
Regarding security, bithumb utilizes the accompanying measures to protect the security of the trade:
* 2-factor verification
* SSL encryption
* 24/7 checking of servers
Most digital money trades are inadequate in their client support, and one would expect the same from bithumb. Shockingly, the client bolster at bithumb is to be recognized. The control is accessible all day, every day with English for global help. You can contact the help group either through email or by calling them individually on the telephone.
Bithumb is a major digital money trade, which proposes it offers profound liquidity. Then again, be that as it may, it might draw in the undesirable consideration of the programmers, as it as of now did, and the customers may endure. Being so huge, and having at the top of the priority list the Mt. Gox fiasco of 2014, the stage would barely allow a noteworthy debacle. By the by, this hazard ought to be remembered.
Additionally, it appears that Bithumb is generally focusing on South Koreans, even though we don’t know about any impediments. Then again, be that as it may, there are the transformation rates and the universal saving money exchange fees, which are in all likelihood denying and can barely repay the moderately low exchanging expenses. There shows up likewise to be an issue with the confirmation and withdrawal solicitations of individuals living abroad.