As we can observe on the current markets today, they are slowly moving upward. While Iota is seen crashing, BAT and Ethereum Classic are both doing well in terms of performance.
Digital markets stay flat for two days as bulls lost controls over bears beating them for more than a week now. The overall market cap remains $250,000,000,000+ however, more losses are about to happen.
Bitcoin grasped support at $7 thousand and has traded 1.5 percent higher at $7,100 as of this writing. A nudge towards resistance by $7,120 could mean an indication of recovery. Ethereum, on the 3rd day has stop moving and stays fixed at 410 dollars.
Altcoin remains a varied bunch with few producing small increase whereas some are struggling. Iota is now experiencing a ten percent downfall to $0.79. There is an obvious decrease in its market capitalization making Tether in the 9th place now. All the increase of Iota has been gone for the last eight months. It is now lowered to 85% compared to its highest value of $5.20 way back in month of December. One more crypto currency in pain this week is XRP of Ripple. Because of 3.7% down, it is now down to $0.41. Based on its crypto chart, it is said to be the lowermost level this year.
Watching the 20 leading crypto, Ethereum Classic keeps on having Coinbase powered with additional increase of 9.5%. It has successfully secured its spot above Tron. ETC is now on 11th place with a market capitalization near to $2Billion. Also, OmiseGO and Zcash have regained some percentage while others are still in red flags. Bitcoin Gold, 0x and Icon are notably producing some gains lately but still immensely down due to their past market prices.
Lately, Basic Attention Token is getting noticed in the crypto market. It had an increase of 18% and made it jumped to $0.30 price. The world of cryptocurrency is flowing with discussion about Coinbase adding BAT among other coins. The trading platform still has to officially announce the confirmation of the said listing. On July 13, Coinbase has mentioned several potential tokens to be listed which include BAT token. BAT increased up to 15% compared to last year. Its volume is growing as well and has significantly moved to $7.5 million. There is a $5 million increase in its volume. Most of the trading transactions occurred on Binance. Also, Wanchain and Aurora are both doing well this week with a relevant two digit increase.
The overall cryptocurrency market cap did not change much in the last twenty-four hours. In fact, the capitalization just moved a little ($256 billion). Investors, users and experts are hoping for more gains in the near future.
About BAT: Basic Details and Information
Basic Attention Token has deeply improved the competence of online advertisement. It created an innovative token which can be traded to user, publisher and advertiser. Everything occurs within Ethereum blockchain.
This token could be in used to get different advertisement in the Brave platform. Its usage is centered on users’ attention which merely means a man’s focused mental commitments or engagements.
It tries to address and solve issues related to advertising. There are lots of challenges facing the system. Advertising digitally is filled by numerous scam, tracker and middleman. It abused most of the users since almost half of the normal mobile data of a user is consumed in trackers and advertisements. Also, it can decrease the phone’s battery life and can violate user’s privacy. It can badly affect the publisher and advertiser as well. It is a big help on part of the advertiser. Of course, if an advertisement is failed, the one who will suffer more is them. They should have plenty of information on what they pay for. Sometimes, marketers were even fooled by fraud online sites and robots. Targets should be correct so ads will not end up being ignored by all users. Ads can reach more people effectually and efficiently.
User attention serves as the basis and denomination of the tokens’ utility. It is the latest token in the world of crypto advertising. Furthermore, it is used in paying content and attention. It provides advertiser more revenue or profits through their advertisements. Though in can be traded in some market exchanges, it is not a crypto currency, rather a utility token. Users can transfer their tokens to others.
Owning of a token will not give holders rights except for the permission to use and get services located on the platform. It is not refundable. BAT holders can store the tokens in any ERC20 well-matched and safe wallets. Tokens will be used to incentivize participants. If not claimed within ninety days, tokens will return to UGP. It is used to conduct transaction and find services. Getting advertisement slots needs BAT also. Users can monitor the balance of tokens. They can check it in their ETH wallet which supports an ERC20 token like BAT.
During the BAT sale, 1Billion was sold. The ICO took place last year May 31. It only accepted Ethereum currency: 1 ETH is equivalent to 6,400 BAT. Once users enter the system, they can also get access on services, gain and use BAT in many cases. They can either use the tokens or donate it to publishers. Brave browser provides beta system for upcoming donations. Publisher can reward the users too!
How will it work?
Anonymously, Brave browser will monitor the attention of users. After that, rewards the publishers consequently with BAT tokens. But how do they measure attention? Brave is measuring attention every time user views contents and advertisements located in the active bar of the browser. It can be calculated based on the time length and the viewed content. Advertisement can then be matched to users depending on its showed interest by means of machine algorithm. It would mean a lesser irrelevant and unimportant ads to users.
Brave browser works with many advertisers and publishers to create the best way to judge attentions. One of the possible effective methods is counting the number of views in each ad including the duration of viewing. Those users who will view or watch the ads receive rewards in the form of BAT. The collected tokens may be used to acquire the Brave platform’s finest service or content. The publisher can get a portion of the entire ads profit. Users can also give their received BAT to publishers as donations which will give more revenue to them. Using cryptography, ads frauds are expected to alleviate. Transparency and client integrity can contribute here also. Privacy is into consideration too while lessening possible frauds.
An essential part of token selling is the formation of a user progress pool of 300million of tokens as user incentives. All users that will download Brave will possibly take BAT as a reward. It is expected to engage more participants, approximately 10million users joining the platform.
You can also use BAT in other browsers other than Brave. Moreover, it has applicability (attention based) within message or payment platform (Ethereum-based) including Coinbase current applications. Those apps should have a fraud resistant ability if they want to participate or join in the platform.
For nearly 20 years, CPUs evolved at an incredible rate
Following Moores law, CPUs doubled in speed roughly every eighteen months until the mid-2,000’s, when companies began exploring new multi-core design. Eventually, processors would become quad core, then hex-core, then octo-core and more, as tech companies began searching for ways to design the fastest and most efficient machine. Now, adding on additional cores to the CPU does not necessarily mean that the computer was faster, but rather allowed multiple programs to run at once. When the limits of single core processing were thought to have been reached, engineers devised clever ways to keep increasing the power and capabilities of computers.
The closest thing to a blockchain equivalent of a CPU would be a node
A node is any electronic device that connected to a blockchain’s network, and stores a copy of that blockchain.
Nodes take care of three aspects of a blockchain.
• First, they are in charge of the computational component This is the component which most people will understand as hashing the transactions and creating the blocks.
• The second element is the storage of the results in the ledger
• The third component is the consensus, that is, notifying the data is correct.
The first and third elements are generally reliant on the computational power of each node and the speed each transaction can be processed. The storage is reliant on a slightly different aspect ma node’s performance.
The current node setup is where one node is made up of one computer, essentially a single core CPU. The problem with this is that in order to improve the performance of the network you must improve the performance of every single node. Improvement is definitely needed. We continue to see instances where blockchains become congested, they slow down or become too expensive to be used. This directly relates to the performance of the nodes. Engineers have had to be more intuitive with their solutions, and it shouldn’t be a surprise that there have been a wide variety of ways that blockchain developers have sought to improve this technology. Common solutions have been to try and increase block size (increasing the rate that information can be processed, but this also increases the rate at which the blockchain grows), writing simpler smart contracts, or improving the consensus mechanism to make the network less reliant on all nodes (which often comes with the side effect of losing some decentralization).
But none of these solutions address the issue at the heart of the blockchain scalability problem-that as a blockchain becomes more popular and successful, there will inevitably become a large backlog of transactions that will need to get verified with each successive block, and the blockchain will eventually slow down. This is further frustrated when smart contract platforms, like Ethereum, need to run non-competing smart contracts sequentially, taking up time and processing power.
One could theoretically add more performance to the one computer, but this quickly gets out of proportion quickly for the cost vs. benefit ratio. Put this aside then one would reach the physical limit of the developed technology. But even before we reach this point, they are two more limiting factors that come into play, first by running one transaction at a time; there will clearly be limiting factors in that each transaction needs to be processed will take time and this minimum time cannot be reduced further. But on a second level, we have the physical write speed limit of the data storage. You cannot physically write data faster than the Hard-drive on which it is stored on.
An approach which has eluded developers until now is the concept of adding more than one computer to an individual node. Similarly to a CPU which now runs multiple cores simultaneously, aelf has tackled this approach head-on. The problem with this lies in just two words, transaction dependency. I go into this in more depth in my article on parallel processing. But in essence, once transaction dependency has been resolved, then one can start adding multiple computers into the one node.
By creating nodes that are made up of multiple computers which can run in parallel, aelf is able to process non-competing transactions at the same time. Just like multiple cores M a processor allows a computer to run multiple programs at once, multiple computers in a node allow a blockchain to verify multiple transactions at once. This also means the nodes are scalable the natural problem to blockchain’s previous lack of node scalability. Computers can be added or subtracted from nodes, meaning that if the transactions grow more complex, or there are other changes in the blockchain, the nodes can adapt to meet the new demands of the blockchain. This flexibility is crucial for any project which plans to last well into the future.
This has fixed the computational component of blockchain speeds, but we still have the problem of data storage speeds. Aelf has also come up with an innovative approach. That is, to split the data storage process from the computational processing component To explain this in simple terms, you could say an aelf node will be split into two clusters. One cluster of computers will focus on the computational processes, while the second cluster will focus on the data storage component. This has now removed the physical limiting factors for both layers. By default the blockchain ledger will now be stored on a cluster of computers rather than on every single computer. Technically speaking, a complete ledger will still exist on every node.
By having this approach, aelf simply needs to add another computer onto a node in order to improve the sociability of the blockchain. Many projects talk about their block-chain as being scalable, but none have resolved these core issues in such a manner which future proofs it from bottlenecks. Aelf is implementing a solution which is viable for the current and future needs of blockchain adoption. They have also designed the ecosystem in such a manner to allow for it to evolve according to future needs. This allows elements like the Consensus Protocol to adapt should a newer Protocol be developed with higher security, or a side chain’s requirements change.
The leading unbiased review blockchain has officially announced the addition of 175 cryptocurrency ICO projects on their dashboard.
With that being said, Revain (RVN) custom mechanism ranks all the cryptocurrency initial coin offering (ICO) project based on the popularity and the users’ impressions.
In the meantime, RVN users can join the cryptocurrency platform’s ongoing 1,000,000 R giveaway, those who wish to participate will get 50 R instantly! To win the grand prize, all you have to do is:
- Leave an honest review at the Revain dashboard.
- Reply to Revain’s official Twitter account using the hashtag #RevainOnPoloniex and a link to the unbiased review which states why you want to see $R cryptocurrency coin to be listed on the said platform.
- Then write a message to Poloniex official website using the subject: Business Development Inquiry, then include your complete name and present email address, and organization: your/revain.
Once you complete the following steps, fill this form: https://docs.google.com/forms/d/e/1FAIpQLSf_h96EqsHkQv6Wj28aq5cvILn9hN6wIidb-oPXIiiEkQS1Pg/viewform.
The Revain 1,000,000 R giveaway contest has officially started on August 6, 2018, and ends on August 13, 2018.
About Revain (RVN)
Revain (RVN) is reinventing reviews and feedbacks on the blockchain (hence the name), it is the new generation feedback cryptocurrency platform based on the blockchain technology where reviews are permanent and immutable. Revain is based on users submitting honest reviews and feedbacks in exchange of RVN tokens, and its 2nd token called R tokens. It manages to establish an economic model with a transparent ecosystem that guarantees incorruptibility to users.
It is one of the cryptocurrency companies that has immediately captured the opportunity and took advantage of starting to deal with Bitcoin (BTC). In essence, Revain utilizes the blockchain technology to expand to the foreign marketplace, i-commerce, and e-gaming industry.
Revain has been developed in collaboration with IBM AI systems.
Revain (RVN) Team
The Revain (RVN) is officially founded by Rinat Arslanov who also serves as the Chief Executive Officer (CEO), he is also a blockchain enthusiast and has a solid experience in business and venture capitalist.
Other core team members include Maksim Voronin (Chief Technology Officer and Tech Lead), Alexey Belashenko (Chief Operating Officer), Alexey Abramov (assigned as the Head of Development), Roman Ochnev (Lead Marketing Manager), Bogdan Savin (Strategic Development Manager), Max Von Luttichau and Shi Qun (Community Manager), Tatiana Muntyanu (Account Manager), Alyona Kazakova and Fedir Yuriev (Digital Manager), Katya Katana (Product Designer), Vlad Bocharov (UX/UI Designer), Anna Shatrova (Product Owner), Elena Orsik (Global Communications and Public Relations), Olya Green (Copywriter); Revain (RVN) is also backed up by an advisory board.
Revain (RVN) Functions and Advantages
The Revain (RVN) core team firmly believes that an unbiased review and feedbacks from real users go a long way. RVN utilizes the Internet of Things System (IoTS) and the blockchain technology; this is to provide functions and advantages to create a reliable, unbiased feedback and review forum.
The evolution of virtual machine – to – machine (M2M) technology enables RVN robots to play a vital role in delivering the user reviews and feedbacks related to a company’s reputations. Given that intention, the RVN ecosystem is meant to make the reviews and feedbacks work be delegated to the virtual machines.
Progressive technology is positively climbing triumph at an exceptionally fast rate. One of its incredible improvements is the evolution of blockchain technology. As we can see today, blockchain turn out to be a technology that rapidly emerges in the world. People were really intrigued on this economic and protocol idea. It appears very appealing and clearly engaging. It has been in used since Bitcoin initiation in the year 2008. In spite of the good results, it did not reach the highest level of man’s awareness that time. People were still in doubt of its capabilities and were unsure of what it can actually do. But after several years, the tech term started to bloom widely which makes it widely spread and well-known by every businessman.
What is Blockchain technology?
Cryptography, encryption, blocks, hyperlink and timestamp, these are just few significant words frequently heard whenever blockchain technology is in discussion. Surely, most of us especially those in business world know a lot of it. It may sound like a small system but it can actually do bigger things. It can change the market and financial realm more than anyone can imagine.
In addition, it empowers the asset and contract recordings of the network. It stores the precise data of transaction history. Blockchain technology can document info permanently while safely keeping the files. That is what really fascinating about this subject. It became the favorite technology for many businesses because of the high security and protection featured.
It contains blocks that have the complete record’s list of data. Block has the info of the prior blocks. Cryptography ensures block is properly saved. Furthermore, it is a risk-free database and has been used as Bitcoin transaction’s public ledger. Security is placed in to the system by a peer to peer networks and timestamp servers. It causes the database to be managed autonomously. Thus, blockchain can efficiently record details of transaction, verification sources and identity management.
In a shorter description, it is the current underlying technology of most cryptocurrencies. Blockchain technology will unquestionably shape the succeeding generation. It is truly the future of internet.
Open and Non-corruptible State
Blockchain is in an automatic self-checking every 10 minutes. Due to this self-auditing feature, any network can settle all transactions that happen in that specific time interval. Block is what they call for that group of transactions. This will lead to 2 relevant properties, transparency and the ability to prevent corruption. Data are all transparent and open to the public. Here, everyone can watch and observe how the network grows provided that data are visible. Incorrupt ability is it’s another significant feature. From the word itself, it can’t be corrupted. It will be hard to change or alter any part of the information. To overrule the full system, it must use a large amount of power and that will never be easy.
Strength and Durability
Similar to internet, blockchain technology is built with robustness. By means of storing blocks, it can’t be controlled by one entity. Plus, failure is never on its system. No history of huge malfunction is recorded so far. Serious problems are due to human errors and were proven to be intentionally done: not by this underlying method.
Since created, blockchain consistently shows the public how durable it is. It is a main reason why people rely mostly on it.
How Blockchain Technology works?
Every operation under blockchain technology can assure an accurate company organization. Every transaction that occurs is recorded. Timestamp and hash are always present in block. There is a unique key in each ledger which is very safe and hard to hack. Only trusted party can write and stamp the record. Security method uses encryption processes.
It can be a public ledger or private ledger. In public, anyone, provided that they are members of the network can view or send transactions on block. Private blockchain, on contrast to public has some restrictions and limitations.
Blockchain Technology Applications
This is used in innumerable applications. It is widely used everywhere and will definitely improve human lives. It can be applied in managing land rights, communicating supply chain, collecting music royalty, lending P2P insurance, ending government corruption and verifying serial diamonds. It can also be in cross border money transfer, self-executing contracts, health and medical records, digital identity security, distributed cloud storage and in banking fraud detection. Areas like on electoral execution, government system, AML, banks, manufacturing business, KYC, education and medicine have adopted the idea as well. There are more areas involved already on blockchain.
Also, it usually exists on financial trade. To shelter the whole system and value as well, most cryptocurrencies nowadays adopt it. After Bitcoin, there have been a number of other cryptocurrencies that followed. They were designed by different experts with different purposes. More of these are still being developed. Market exchanges and even online review services rely on it also. Review platform uses it to ensure the transparency and the good quality of feedbacks. It is very ideal in regaining customer trust in network and on-the-web reviews.
Notable Advantages Brought by Blockchain Technology
Using this kind of protocol, a trust can be built between devices and parties. Business can lessen the risk and possibilities of crash and interfere. Also, expenses will be cut down. It will decrease the cost for middleman and intermediary. This will accelerate transaction speed and will reduce the usual time range for settlement. Indeed, blockchain technology is a wise investment.
Moreover, company nowadays is more comfortable in transferring data online. The transmission here is easier, less costly and more secure. Finance is clearly the principal field of the present industry. If it is associated to blockchain, a huge efficacy flow will occur. It has successfully entered the banking sector processing a faster transaction. Value transferring of assets normally requires banking institutions. Unfortunately, those banks need higher charges but with lower protection. With blockchain technology, there’s no need for third party. As a substitute, it is best for saving transaction, for making identity and for creating contract necessary in all dealings.
Evidently, the world is a place full of wonders and surprises. People never stop discovering new ways to improve resources. Man’s eagerness to achieve the best and latest innovation resulted to the creation of this blockchain technology. It is a progressive creation that focuses on enhancing and helping any businesses. It will surely rule the commerce industry in a positive way. This is really what networks and systems need to provide the full user satisfaction. No doubt, it is an abundant product of modern society.
As ground-breaking as it sounds, it is a tool to take anyone to the uppermost level of accountability. There will be zero unnoticed transactions and man or engine miscalculations. Exchange and trade without permission can be prevented. More than any other, the most serious extent where blockchain technology helps is its pledge and assurance of transaction validity. Records are not just on principal register but also on all linked distributed structure of registers, all of which are related by a safe authentication device. Soon, all skeptics who doubted what blockchain can do will see its complete functionality. Other exciting things about it are yet to come.
The world’s blockchain market is expected to expand to more than $60,000,000,000 by the year 2024 as more and more companies embrace blockchain technology. The concept is still in the early stage and is under global exploration and adaptation. Furthermore, a large number of businesses worldwide are striving hard to address market issues through utilization of the advantages that this technology delivers. It can be seen in any market field these days.
As we can see today, most of the list of crypto companies contains Ether and Bitcoin. However, this list is not updated and a lot of people knew it already. There are more projects out there that are exciting and relevant other than the two. This article will provide the latest list.
Blockchain industry is now becoming popular because of the tokenized financial systems, designers, support providers and businessmen who use these distributed ledgers. Allow me to share ten new companies which majorly use blockchain technology.
It is a market exchange that is entirely decentralized and transparent. Also, it is distinct since it is based on mine and profit-share system that will give back more than eighty percent of it to the community. Zhang Jian, the Huobi ex-CTO established this China-based company. It was released in May this year and got substantial media coverage for a significant upward trend in quantity at more than $17 billion every day. It is now formally circulating in the market and is looking forward to surpassing some of the top crypto\ exchanges on earth.
It aims at revolutionizing the process data is being kept and protected over the net. It redefines how subtle digital information is handled. It has isolated and encrypted HSM vault that allows digital keys and crypto assets to be available online through non-IP activated mechanism if needed. Its advancement enables a person or companies to shelter assets (digital) in physically internet-disconnected storage until the user wants to connect it.
It is the first ever blockchain based on content. It provides (IAM) Identity and Access Management at the infrastructure level. It will change the media industry as well as digital content by giving users the whole control on content design, storage, and access. It offers platforms that will help media creators to build a better and more efficient distribution and revenue from the content. It can even fix the growing problems regarding music piracy. All its chief team members are from powerful institutions like Harvard and MIT, and partners such as Roark Fund, TRON, FBG Capital, Consensus Capital, Kim’s Capital, D Fund, Block VC and Crypto Capital.
It is the unit of exchange on ADBIT Media Marketplace which could be accessed through the use of ADBIT token by buyer, seller, and agency. It will create a transactional economy for everyone. It focuses on solving the issues that media planning and buying faces nowadays. Those problems are workflow management, transparency, monitoring, and reconciliation. It also helps on platforms for the traditional media assets such as radio, TV, print, etc. ADBIT and CIINCH were both designed to support the automation of multiple layered manual processes. The latter has recently plagued the entire industry.
Another company to watch for this year is Buddy. It is an application store that uses blockchain technology to function efficiently. It is a marketplace for any developers created by great developers themselves. It aims at becoming the backbone where skilled programmers can create a world-changing off-chain app and service through blockchain technology. It has rich integrations with all types of ecosystem. Some of its channel partners are Amazon, Google Cloud, Rollbar, New Relic, DataDog, Digital Ocean, Rackspace, Heroku, Shopify, Sentry and many more.
This is a marketplace found online and is supported by Silicon Valley project capital. It lets gamers transact digital goods. At the moment, it has 3,000,000+ members. FLP token is used in transacting digital goods on the marketplace. Moreover, it leverages the interface of ERC-20 token and the use of Ethereum blockchain. Its structure and smart contract will remove trust issues and will protect transacting gamer against frauds. Publishers and developers of games will receive (SDKs) software development kits and open sourced plug-in from Gameflip.
It is the banking on blockchain. It has platforms for lending and borrowing that permit any users to get up to five percent interest on their asset while having loans at nine percent interest rate with cryptocurrency as their collateral. The objective is to take the next 100,000,000 people into the world of crypto.
It develops trustable, light and fast B2B payment blockchain network for global transactions. Its ICO is one of the top performing projects this year. It released the first B2B token of the world which opens corporate demands for cryptocurrency marketing and sales.
It is one of the top blockchain companies in Japan. It is presently creating an influencer marketing platform that will remove social media or content’s incompetency. It has a tactical partnership and solid board of advisors with several leaders and blockchain experts.
It provides developers with the vital constructing blocks for a decentralized application. It is a robust framework that offers tools needed to build blocks with the usual web application speed. It has 3 technologies proposed- database network, Proof of reputation algorithm and desktop native app. Participants are user, content node and seller. It enhances dApps user experiences.
What is Blockchain Technology?
It is a creation that may improve and help any companies these days. It is a tool that will bring individuals or organizations to the highest level of success. It assures the validity of all transactions while eliminating system errors and malfunctions. Records are saved securely and protectively.
Also, it will build trust in the company and the user. Business will have a lesser risk and chances of failure. Aside from that, cost and expenses are reduced. The transactions are tested as fast and accurate. Indeed, it is a smart investment, especially for business.
Every transaction under blockchain technology is permanently recorded. Blocks have timestamps and hash which are used to ensure precise recording. Also, every ledger has a unique key that is undoubtedly secure and difficult to hack. It is only the trusted party which can stamp or write the records. Blockchain can be either public or private. The first kind allows transaction viewing and sending in the blocks. Private blockchain is its opposite for it provides limitations and restrictions on the system. It has an automatic self- check and self-audit processes which will ensure transparency. With this, anyone can watch how the network grows. Businesses that use this type of technology can assure an incorruptible and durable process. This is how blockchain technology works.
Since day one of creation, it has met all the expectations of the users. Experts believe that after a decade, almost all businesses will adopt it. More companies will rely on this innovation, and more people will see the importance of using blockchain. Aside from the top ten companies mentioned above, there are a lot of projects out there that believe in the power of blockchain technology. More projects are yet to come!
Revain.org is the official website of Revain and has two digital currencies: The R-token (R) and the RVN-token (RVN). Both, while considerably different, are answers to issues in the flawed user-review business. Specifically, discussing the problem of customers not believing reviews of restaurants and companies, for example, because they think they have been tampered with or that negative reviews may have been deleted from the system to give a favorable public perception and not damage sales and profits.
Users are compensated with tokens for giving business reviews to promote this system. But how does this aid businesses? Revain’s solution is transforming the trustworthiness of customer reviews, delivering them all-important in a world where data and customer satisfaction is transparent and available to all. Revain does this by utilizing enhanced technology , the blockchain technology paired with two tokens , to guarantees reliability and immutability in the review method.
Exclusive to Revain Review Platform
The RVN-token is restricted to the Revain system and cannot be applied outside the Revain ecosystem, which may, at first sight, make it seem that they have no inherent value; but that the RVN-token can then be exchanged for R-tokens, which, in turn, can be traded on any cryptocurrency exchange. It’s like receiving cash for your review.
A Summary of the Two Tokens
R-tokens are the cryptocurrency element in the Revain review system. The RVN-tokens — the reviewer rewards tokens — are priced at a fixed price, implementing price stabilization for the review system.
RVN-tokens can be exchanged for R-tokens until the supply is exhausted which currently valued at 1 billion coins so there is no pressing worry that users RVN-token will drop its value. There are no hidden or additional fees for the exchange that takes place within the Revain system. The description for exchange is as follows: one RVN-token is equivalent to 0.0001 R-tokens. Here is the formula (where BTC stands for Bitcoin), Easily change the formula to change R-tokens back to RVN-tokens.
How Does it Work?
The system utilizes driving factors , the rewards, and punishments , to guarantee high-quality, positive reviews while giving transparency in business practices by preventing companies and customers from managing the system. This eventually results in a higher degree of consumer trust when utilizing online services to research businesses; it creates stronger relationships between companies and their customers, and fundamentally constrains enterprises to achieve customer-preferred business applications, whether it is rendering a service, solution, or just more aggressive pricing.
As stated briefly, the tokens are accepted as rewards for user reviews. Users gain RVN-tokens for in exchange for reviews. But there’s a catch.
In order to assure that all continues fair, the reviews must be accepted by both an automated filter operation as well as manually by the business that is being reviewed. In principle, this prompts users to write valuable, high-quality reviews, so the review isn’t rejected by the automated , computerized, and therefore unbiased system. The business funds for the assistance and is permitted to set standards for the reviews, such as the addition of a receipt, or a photo of the waitress. Again, the charge for participation is well worth it when recognizing the far-reaching effects that this system of genuine honesty and transparency effects on the business.
The payment formula is displayed in the following way: a review fee is similar to the user reward plus the platform fee, computed for each unique review.
The User Review Method
Reviews are refined through a blockchain system improved with artificial intelligence (AI). It automatically filters out false or poorly crafted user reviews, including flood, misuse, spam, and fraudulent reviews.
Second, if a user’s review does the first cut, it is transferred to the business for a standard evaluation. If the company refuses a review, they must explain, and their answer is reported beside the review, solving the subject of poorly concocted reviews.
Third, if the business declines the review, the user can arrange a dispute. Disputes are controlled by an objective board of high-profile, highly rated, centralized users, called Oracles. If the original review is approved, the user is rewarded, and the company is given a warning. If the company gets three warnings, they are no longer authorized to utilize the platform.
Finally, all reviews are logged and apparent on the business review page, stored as a Review Snapshots Storage (RSS) by the Ethereum Blockchain and other readily available sources, thus securing authentic reviews.
Warning For the Reviewers
There are two circumstances in which a user can be issued a warning, first, if three reviews in a two-week period are refused by the exclusive Review Automatic Filtering (RAF) system which consists of IBM’s Watson Tone Analyzer chatbot service, restrictive custom filters, and an examination of the user’s history. Secondly, if five of the user’s reviews are rejected by businesses throughout a two-week period.
Users are giving three maximum warnings, and if given the fourth warning, the user is blocked from the system and cannot withdraw any funds.
Other expected problems and solutions are effectively discussed on pages 17–18 of Revain’s Full Whitepaper.
The Beneficiary Of Revain Tokens
Crowdfunding sales of R-tokens are great, and the marketing department manages to grow sales to businesses with a special importance on small businesses to their objective range or even to fulfill their release limit of one billion, the entire reviewing business could be reconstructed and restored to something of high value and integrity for customers and businesses alike. Higher consumer trust manages higher sales, driving up profits. As the model spreads, it’s likely that the value of Remains tokens will increase respectively.
Revain proposes to develop this technology and its advantages into the worlds of e-commerce, booking, gaming, and fast-moving consumer goods market (FMCG) giving plenty of possibilities to start writing and start earning your RVNs.
KuCoin, one of the leading blockchain asset exchanges in the world, is proudly announcing the listing of another potential token EGT today. EGT is the native and transaction token of Egretia, the world’s first HTML5 Blockchain Engine and Platform.
Deposit is now available with pairs including EGT/BTC and EGT/ETH. Buying will commence at 19:30 UTC+8 and Selling/Withdrawal at 20:00 UTC+8.
Introduction to Egretia (EGT)
Egretia (EGT) is the world’s first HTML5 blockchain technology-based engine and platform. It is a decentralized network exclusively designed for video games circulation system, where game developers and designers can launch their HTML5 video games and various web contents.
Aside from providing a wide selection of video games, Egretia allows game developers to offer jobs which encourage players to promote their video games. In return, players who accomplished the task will be rewarded with EGT tokens. This way, game developers will have the ability to draw new game players while the gamers can acquire electronic symbols, hence creating an egalitarian ecosystem.
– Consensus Protocol: DPOS (Delegated Proof of Stake) is like Bitshare, EOS.
– Speed: On initial testnet, Egretia’s transaction speed is over 2000 TPS (Transaction Per Second) and can be readily upgraded in the future utilizing the DPOS
– Flexibility: It is easy to modify the number of blocks in Egretia blockchain such as block creation time, block volume, transaction rates through the vote.
Egretia Development Team
The development team composed of 4 main members, who have several experiences in the field of game design and development.
Peter Huang, founder of Egretia, previously a technical manager of the Adobe Flash platform, holding more than 18 years of background in developing apps and games.
Dirk Meyer, co-founder of Egretia, a senior manager of development, has 20 years of project management experience, contributing significantly to Adobe’s enterprise and market development approaches.
Yin Ma, a development team member, has approximately 20 years of experience developing compilers for the operating system, developing Fortran compiler for Intel / AMD, working at large companies such as Microsoft, Absoft, and Qualcomm.
Ross Przybylski , Founder of D20Studios, Extreme Production Director at Electronic Arts, one of the world’s biggest game development companies and has over 15 years of software development expertise including ten years of game development.
Author: Delton Rhodes
While the cryptocurrency market can be a good way to make money, it is also a prime target market for scammers. In this article, we’ll look at some of the most common Bitcoin schemes and how to protect yourself from falling for them.
Be Weary of Cryptocurrency Giveaways
Amongst the various types of bitcoin schemes, many of the top people and projects in the
While the cryptocurrency market can be a good way to make money, it is also a prime target market for scammers. In this article, we’ll look at some of the most common bitcoin schemes and how to protect yourself from falling for them.
Be Weary of Cryptocurrency Giveaways
Amongst the various types of bitcoin schemes, many of the top people and projects in the industry are concerned with the prevalence of giveaway scams. These scams often take place on popular social media platforms, especially Twitter. Big names like Vitalik Buterin even list “Not giving away ETH” in their profiles to make the cryptocurrency community aware of this issue.
Typically, these scams will tell people to send ETH or BTC to a given address. The scammer promises to give that person more ETH or BTC in return. While this might seem like an obvious scam, the number of profiles that include “Not giving away ETH” make it apparent that this type of scam is quite rampant.
Even in the case of legitimate airdrops or bounty programs, the amount of funds given away are typically much lower. Most importantly, legitimate giveaways would never ask a user to send funds first and then give funds in the same cryptocurrency back.
“Guaranteed Returns” on ICOs
In some financial markets (i.e. bonds, CDs, etc.), banks guarantee returns of a certain amount. However, this is not the case in other financial markets. Much like in the stock market, the cryptocurrency market has no profit guarantees. Any cryptocurrency ICO that guarantees that the price of its token will rise to a certain percentage is likely to be a scam. ICO scams continue to be a problem for the cryptocurrency market, especially due to the lack of regulatory frameworks throughout the world.
Even if it is very possible that a given cryptocurrency will rise in value over time, scams are likely to use precise numbers and phrases like “guaranteed returns”. Similar to the giveaway scam, these ICOs will ask investors to send BTC, ETH, or other popular cryptocurrencies to the scammer’s wallet address.
The problem is that almost every cryptocurrency project (legitimate or not) relies upon this type of exchange of funds. The only major difference, in the end, is that a scam doesn’t send tokens in return.
So what separates ICO scams from legitimate ICOs?
While some fake projects guarantee returns, legitimate ones do not. Legitimate ICOs typically have several positive reviews, verified team members with KYC and AML checks, established strategic partnerships, and other factors.
Cloud Mining Scams
Cloud mining continues to be another popular option for bitcoin schemes. The above-mentioned cryptocurrency scams might appear to be more obvious. In contrast, cloud mining scams often seemingly appear more legitimate. In some cases, cloud mining companies guarantee returns. Again, this is an obvious scam, especially since it’s very difficult to predict cryptocurrency price fluctuation.
Sometimes, fake cloud mining companies are disguised much better and don’t include guarantees on returns. They merely charge users a subscription fee upfront without any real chance of profitability. It’s also worth noting that even the most popular and legitimate cloud mining companies do not offer a good return on investment.
Even if you are thinking about going with a legitimate cloud mining service, it’s important to consider how long it will take you to get a return on investment. Most of the time, it’s easier to make profits via mining rigs or cryptocurrency trading. In any case, always thoroughly read reviews on any cloud mining service.
Don’t Go Phishing
There are few different types of crypto-related phishing scams that anyone should be aware of. First, emails that attempt to fool users into thinking that they are a popular service are commonly scams. For example, a scammer might send a fake security alert saying that someone has just tried to log in to a user’s account. This type of email generally asks a user to click on the link to verify that everything is fine. A scammer can even ask a user to participate in a survey or giveaway by clicking on the link.
Once a user provides the scammer with sensitive data (i.e. login credentials, private key, etc.), the scammer then has the information needed to hack the user’s account. In some cases, scammers have created Facebook pages and other social media accounts in order to pretend to be a legitimate exchange. Sometimes, scammers even create Google ad campaigns. Always be careful of the outbound links and try to verify that you are going to a legitimate website.
There are a few ways to prevent against phishing attacks. First, it’s always important to make sure that you are going to the correct website. Sometimes, the URL can be similar enough to make you think it is a crypto-site that you use on a regular basis. By verifying that you visit the correct URL every time when entering login credentials, you can keep your funds safe.
Another way to prevent scams is through increased security measures. For example, by enabling two-factor authentication (2FA), you can make it a bit more difficult for hackers to access your actual accounts in case you accidentally fall for a phishing attack. Hopefully, by setting up 2FA, you will be able to increase the security of your funds.
In an age where it is actually possible to become a ‘crypto millionaire’, it’s also important not to think that doing so is easy to accomplish. It should be a top priority for any investor to understand how to prevent from falling for bitcoin schemes. The types of cryptocurrency scams mentioned in this article provide just a few examples of what to watch out for. By using these strategies to detect various scams, it will be simpler to mitigate potential risks and sort out the real opportunities from the fake.
Introduction to Verge (XVG)
Verge is an online peer to peer payment system that focuses mainly on the privacy of the user which is to make the transaction anonymous. It uses anonymity networks such as TOR and I2P to achieve the anonymous transactions. With Verge, the IP addresses and the transactions of the users are completely untraceable. Verge also provides wallets for storing the XVG tokens on platforms like Windows, Mac OS, Linux and TOR wallet for mobile.
The wallet of the Verge is pretty secure and fast as it only takes about 30 seconds to make a transaction. It is mainly a community driven project with developers contributing from different parts of the world to the development of the platform. It is not a private company that I funded through the ICO or the mining. The fact that the fee per transaction in Verge is so low that anyone can afford it. It is not necessary to send money as the private transaction can send with user’s name also as it provides with the choice of the privacy whether it wants it or not.
There is a wraith protocol in the Verge system that enables users to send money anonymously to anyone in the blockchain this wraith protocol empowers the stealth addressing services to the users. And the user can turn it off any time. This functionality migrates its users to SSL enabled Tor over the Clearnet. Through this, the users of Verge will have an additional layer of the IP mask to provide stealth to the transactions.
The Verge was created in 2014 as DogeCoinDark, but later it was rebranded in 2016 as Verge. By the end of 2017 and the starting of 2018, it became one of the most traded cryptocurrencies on the market taking its market cap to more than USD 3 billion.
How it Works
Verge has an open blockchain, and it aims to protect the privacy of users while sustaining the open blockchain platform. In the field of cryptocurrency transparency is the top priority that is why most businesses want to invest only in the transparent cryptocurrencies. And by providing public blockchain Verge is aiming for that.
Verge has two main features that separate it from the rest in the crypto market, and those features are using TOR to anonymize the IP addresses and the Wraith protocol to make the transaction public or private. But a lot of people complaints that TOR can be used with Bitcoin also agreed, but the Wraith protocol of Verge is not something that any other cryptocurrency offers. They are the first mover on the functionality of Wraith protocol.
Wraith Protocol – this protocol makes it possible for users to choose between the public or private blockchain ledgers. It has been implemented for the first time in the history of the blockchain. And while selecting this will remain anonymous in both transactions anyway because of the utilization of the TOR network. This leads to an interesting way for users who want to see their transactions and who don’t. For example, if any merchant wants to see the history of their transactions they can do that by allowing it in the wraith protocol. And for the users who want their transactions to completely vanish, they have that choice now. Wraith protocol offers complete anonymity while maintaining the safety and security of the network.
The Team behind Verge (XVG)
Being an open source project Verge has a global community who are active in the development of the project. Verge is not a company they view them as a community of extraordinary people with high ambitions. There was no ICO held when they launched the Verge currency.
Every member of the Verge community is unpaid even the core members. Every member and contributor donates their time and energy just because they believe in the project. They have formed a Development team, Business development team, and marketing team to make the hierarchy of the project as a functioning company. Some contributors are giving to the project when they can via Github.
Recently on April 17, Pornhub announced that they would be accepting the Verge tokens XVG as one of the payments methods on their platform. This partnership was considered a significant win for Verge at the time. It was the first partnership and many more to come in future.
Verge has joined hands with Binance to support the flood victims in Japan. Verge family is helping the needy people and giving out donations. They are supporting the victims of torrential rain in the area of West Japan. This leave many people dead and many missing. In this cause, Binance initiated the donation call to support with the total sum of USD 1 million.
Where to buy Verge
Verge tokens XVG can be bought on many exchanges including popular exchanges such as Binance, Bittrex, and Upbit. When verge has reached the market cap, more than USD 3 billion at that everyone wanted a share of the transactions in that period. Only then many new exchanges have come on board for Verge. The user can sign up with these exchanges to buy XVG tokens or can use one the existing wallets that are industry standard for holding the crypto tokens. The most optimal solution is to use the wallets provided by the Verge itself. Verge wallets can be used on any device and any operating system. The Verge coin exchanges are as follows.
Verge coin Exchanges
These are the main exchanges to trade XVG tokens. Binance has more than a million trade volume in the past 24 hours. But in the recent months, the trading of XVG tokens are somewhat limited, and it will pick up once again when they form new partnerships.
The price of Verge has been an issue for them as they were not able to control the pricing due to lack of some solid partnerships. Their price goes up any time they announce a partnership, but after a few days, it goes down again. In April, they announced the partnership with Pornhub that Pornhub will be accepting XVG tokens as a payment method for their platform. It gives users of Pornhub an option to make payments. And the price of XVG surged significantly, but after a few days, it was again at its usual stage.
The highest it has ever gone was in January 2018 when its market cap reached USD 3.2 billion and the price was USD 0.22 but after that its price has never come close to that range. The Current price of Verge is USD 0.022 with the trade volume of USD 4.5 million and the circulating supply of XVG tokens is 15 billion out of 16 billion total tokens issued. And the market cap is USD 337 million. Its price has gained 5.6% in the past 24 hours.
Its future sure looks bright as there are rumors about the partnership with Paypal and Venmo. And Spotify may also support XVG on the day. So the more partnerships it makes, the more it will trade resulting in the price surge once again.
We all know that Verge is a community-driven platform, but still, they are managing all the social media accounts for communicating with the rest of the world and also for updating their investors about the development of the platform.
Verge is available on all social media websites such as Facebook, Twitter, Youtube, and Discord. The user can see the updates and also ask them anything on their accounts they are pretty active on these social accounts. They also have an active Reddit thread to discuss the stages of development and answer the queries of users to their satisfaction. The Source code of Verge can be found on their official Github account.
Many companies have already adopted the blockchain technology which has elevated the system to a new extent. There are over thousands of companies monthly who are getting in associated with the system quickly with the help of this system. With the advancement of the Jingtum tech has come up in the market providing the best in class information based exchange network which will help in boosting the entrepreneurship in the Chinese market. The system has seen the high response from the Chinese market, and many are in use of the system for their better growth in the market.
The Jingtum technology is a modern based value related to advanced internet technology which is from China which helps in the upgrading on the information associated networks to all the value pertaining network system. The system is based on the ecological and promoting all the Chinese enterprises which will help us in developing a new generation digital assets system. The system is getting a huge outcome from the citizens and has been used by many people across the nation. So this was a small introduction to the jingtum system which will help you know how the system run’s on.
Features of the Jingtum technology
Here we shall guide you on all the essential features of the Jingtum technology which will help you know about the system more precisely for better use.
The system gets the best in class internet technologies which will help you get the best in the upgrading of information’s based on your networks for your value based exchange networks. With the help of the system, you can get a better internet which will help you get a boost in the web-based technology for a long run in the order easily. In the coming time, the system will get much of updates which will help you in elevating the system for a better and smooth run in the system. There is always something new to offer in this system which makes it run long for the betterment of the users.
The system main aim is to prepare and promote Chinese enterprises which will help them in revolutionizing new and digital type of assets. There are over thousands of people who are in use of this system for their growth, and it has also helped the nation to grow more into a new extent. The revolutionary ideas and techniques used in the system made it rank good in followed by maintaining a significant mark in the system for a stable enterprise system. The system always gets their new ideas and updates which helps them to make the system run much smoothly and efficiently without any hassle. This revolutionary system will help other nations to get a massive market in the nation.
Best in class security feature
The system gets their best in class security feature which helps in marinating the best of the asset system run ok with the use. There are over millions of users who use the trade system to work on with the system followed by using it on their day to day uses for which the system needs huge security support, so this is the reason why they maintain a huge security feature. The security feature gets the best in class updates for the better run of the system which helps them get a good rank on the system efficiently. The encrypted system allows the best in a class shield for the users to get hold from any kinds of miss lead on the system.
Here we shall guide you on the token information about the system and the related information’s.
Price of Jingtum- $0.00378526.
Gecko rank- 1859.
Market cap rank- 1818.
All-time high- $0.01665510.
Block time- minute.
So these are some of the informations on the token price and other data’s which will be beneficial for the system in the long run. Now let’s have a look at the information on the news about the system and what are the latest things going on with the system.
News on the Jingtum system
Here we shall update you on the information about the jingtum system which will help you know the latest from the system.
– The volume of the system is $269,807 which is a figure to look on.
– The ratio of the system is 1741047.2740538311 which will get a hike soon depending upon the market.
– Soon to get an app for the system which will help in the system use more comfortably and smoothly.
– There are other essential updates with the security system which is coming soon on the system for a better run on the system and better flexibility.
So these are some of the informations on the news updates which will help you get a better idea about the system and how it works on. Now let’s have a look on the social world interaction about the system.
Social World Interaction
Here we shall guide you on with the information’s on the social world and its usages which will help it know how interactive the system is and for how long it can run on.
Facebook- The world of Facebook shows how systematically the system runs and with the amount of like and comments the system gets on the page shows how interactive and positively the system is going on with. The best in the class system shows how smoothly the system is looking for its future and in its coming time how strongly the system will be coming up with. All the latest updates and news are shown on the system easily.
Twitter- The twitter world shows how popular the system is going is up. The system is very smooth to work on, and all the information’s are easy to be displayed on the system easily. The system is straightforward and smooth as the retweets from people shows how best the system is to work on. There are over thousands of likes which the system gets every time they tweet on.
So these are some of the important information on the Jingtum system which will help you know what the important features of the system are and how they work on. Here we have also mentioned out the information on the feature of the system followed by the information on the latest news regarding the system. With the data on the token information, the investors will definitely get a better idea about the system and also helps them in getting the best idea about the system to work on with. With the best in the security updates, the syBstem ranks top on our list.