What is Nano (NANO?)
Nano serves as a cryptocurrency which can be used for trading, peer to peer transactions, micropayments, and B2C. They offer cryptocurrency NANO to make the digital payments possible in the whole world. Nano is the fastest way to pay for everything be it sharing the cab with your friends or you need to pay for digital assets in small amounts. The USP of Nano is that it has zero fee policy which is not very common among the cryptocurrencies. According to Nano, it is the fastest and almost free way of transacting to pay for every service in the world.
Three basic main features of Nano is
- Nano processes instant transactions
- Nano has Zero fee policy
- It is infinitely scalable
You can grab Nano wallet from their website to start the payments. Nano wallet apps are available for the iOS, Android, Windows, MacOS and Linux. And if you want to start a node of the Nano you can head over to Github and grab their Linux build for the node processing. You can run a node of Nano and earn tokens for processing the transactions on the Nano blockchain.
The original inception of Nano is to improve on the offerings of bitcoin by offering a service which has no fees at all and is infinitely scalable to process tens of thousands of transactions. In December 2017 the fee for the Bitcoin transactions rose to some bizarre rates, that is why Nano has a chance of creating an audience for itself.
How it works
The main innovation of Nano is block lattice. We’ll learn more about it in a bit. First, let’s see the use cases for Nano system. Nano can be used as;
The ideal trading pair – it can be used as an instant means of transactions and Nano has zero fee policy that makes it ideal for the cryptocurrency traders who frequently buy and sell many cryptocurrencies.
Peer to Peer Payments – it can also be used as means of peer to peer payments, so you can pay your friends and family using the NANO coin. Paying rent and splitting bill of the taxi will be very easy using NANO.
Micropayments – it can also be used as a means to pay for subscription services. Through NANO you can pay for small amounts to the digital assets. Subscription and content services can be paid by NANO tokens.
Business to the customer – Nano can also be used seamlessly to check out in your neighborhood store or on the online store. These types of transactions have never been so seamless and easy.
The biggest difference between bitcoin and Nano is that it uses the proof of stake instead of proof of work for its consensus algorithm. If you don’t know what proof of stake is let me tell you, in the proof of stake system you don’t have to work and earn coins all the coin in this consensus mechanism is already created at the time of starting. Nano is built upon the DAG algorithm; DAG stands for Directed Acrylic Graph.
The Team At Nano
To make a good company you need a good team with a lot of experience in the same domain that the company intends to work. Fortunately for us that they have listed their team members on their website so we can easily see them and analyze them. Many other crypto coins don’t list their team on their website so we need to dig a little deeper to find the team of those coins. But here is all good.
Nano was founded by Colin LeMahieu in 2017 and he is also the lead developer of the platform. He has been working in the software industry for the past 10 years before founding the raiblocks. He is more interest in the space technology and physics that is why he started the development on the NANO.
They have a team of 13 members as listed on the website. Russel Waters and Roy Keene is also working with Nano as the Lead Developer.
Exchanges to trade on
Nano is available on many exchanges. Because it has direct competition from bitcoin and some of its features are better than bitcoin that is why it has become so popular in the crypto market. It once reached approx 2 billion USD in the market cap once. That is why almost every exchange wants to trade this coin. So here are some main exchanges where Nano can be found for trading.
Nano coin exchanges
These are some main exchanges that allow trading of NANO coin. Many of these exchanges have more than $1 million USD trading volume for the last 24 hours. Binance alone has more than $15 million USD in trading volume for the last 24 hours. you can sign up for these exchanges to start trading on these platform or you can use your own private wallet to connect with these exchanges such as Metamask or EAL. You can also use any hardware wallet to connect with these exchanges.
The price of Nano has been fluctuating since the February 2018 and it has dropped significantly since then. Nano was trading steady till December and suddenly in December its price spiked and reached a maximum price $34.43 USD on January 2018. And its market cap spiked at $4.5 billion USD. Since then it has been on a curve of downfall.
The current price of Nano is $2.87 USD per NANO and the trading volume for the last 24 hours is $17.7 million USD which is significant it shows that more NANO tokens are in circulation than everyone anticipates. The current circulation of NANO tokens is 133 million. The current market cap of NANO token is $382 million USD which is not bad at all it is under 40 in cryptocurrencies by the market cap.
If we have to predict the price of the NANO token in the near future we can say based on the trends in the market and its potential to reach new heights as it has done before. So it’s safe to say that it can reach those heights once again.
Roadmap to the future
They have started their journey in 2014 but at that time they only started it as a part-time project as they couldn’t leave their jobs to start the project. But in 2017 they started working full time on this project and had their ICO.
After that, they have continuously released an update to their platform. They completed the Universal blocks update recently. They have also planned updates for ledger pruning, vote distribution, and Security audit features.
They have their wallets available for various operating systems. They are also planning to release the hardware wallet for more security. One of the standout features is that they will release the smart cards which will ease the shopping or renting experience for the users of Nano.
They want to improve the adoption rate of their technology in the near future that is why they are thinking about the point of sale devices and enter the global markets with this cryptocurrency.
Overall it has much potential than everyone anticipated initially that is why many investors came on board for this project and invested in the idea.
Cryptocurrency users can surely transfer funds to each other easily, but they are still dependant on fiat currencies when buying day-to-day items granted that very few places take cryptocurrencies. Part of the crypto world has become conventional to the concept of growing alongside the legacy financial system, a method that may view blockchain technology integrated with the present financial standard cooperatively, rather than overcoming it. With this in mind, various projects in crypto have set out to design products created with the existence of fiat currencies in mind. It is the case with stablecoins.
A stablecoin is a blockchain-based cryptocurrency whose worth is pegged to that of a more stable asset like gold, oil, or fiat currencies. As such, stablecoins remains the same value as their underlying asset, alleviating the high volatility currently present in the Bptocurrency industry.
What is TrueUSD (TUSD)?
TrueUSD is a new project that has developed and launched a stablecoin, proposes a separate strategy to trade with both of these issues and, while the project is young, TrueUSD seems to endeavor towards a higher figure as its name alludes to.
US Dollars in the TrueUSD system are kept in the bank accounts of many trust companies that have contracted escrow agreements, rather than in a bank account managed by a single company. According to TrueUSD, the contents of related bank accounts are issued every day and are subjected to monthly audits. This method of storing USD guarantees that the user can have higher trust in TrueUSD considered as the collateralized holdings are not centralized in any single entity, but preferably distributed throughout multiple fiduciary partners.
Technology and Features
Regarding the technology, TrueUSD executes a framework that assures they are not in management when issuing tokens. While the USDT tokens are distributed on the Bitcoin blockchain through the Omni Protocol, TrueUSD (TUSD) tokens are based on the Ethereum blockchain, enabling for a more advanced issuance mechanism.
If someone wants to get TrueUSD through the online application, they will require to pass a KYC/AML check. Once that’s finished, they can transfer USD to one of TrueUSD’s trust company partners. Once the trust company establishes the funds, their API will direct the TrueUSD smart contract to distribute tokens on a 1 to 1 ratio and to transfer them to the Ethereum address connected with the account at hand.
Once transferred to the wallet, the tokens can be carried to a friend or used as payment, merging the benefits of fiat (stability and trust) with those of cryptocurrencies, decreased fees and transfer times. The user can also claim real US Dollars by giving the TUSD tokens back to the smart contract address, which will inform the trust company, and begin a bank transfer to the account user.
The system above proves that the issuance occurs in a decentralized environment that uses multiple APIs, which guarantees the handling of the underlying fiat currency is higher to previous alternatives.
The TrueUSD (TUSD)
TrueUSD is considered as a USD-backed ERC20 stablecoin that is sufficiently collateralized, legally protected, and transparently supported by third-party attestations. TrueUSD utilizes multiple escrow accounts to lessen counterparty uncertainty and to give token-holders with legal protections against misappropriation. TrueUSD is the first asset token created on the TrustToken platform.
How To Use TUSD
TrueUSD has been produced with some use cases in mind including manageable financial services, trading, and online commerce. Although a very different infrastructure can be created around the TUSD token and other upcoming TrueCoins, the possibly strongest use case is as a replacement or option to USD on cryptocurrency markets.
Who can utilize TrueUSD?
They’ve created the alpha version to address the urgent requirements of crypto exchanges, crypto traders, and financial businesses.
Crypto Traders and Exchanges:
Cryptocurrency traders require a trustworthy stablecoin to hedge upon volatility and access crypto markets without immediate exposure to BTC/ETH.
Everyday people and businesses can experience the advantages of digital currencies, faster transaction speed than ACH, global influence without the volatility of Bitcoin. Now users can repay a salary, take out a loan, or get coffee with a cryptocurrency, allowing a new economy of cryptocurrency financial applications.
Some developing markets are more reliant on cryptocurrencies for trade.
Financial companies that require to get into crypto, but have right reservations against setting, e.g. $100M into a new algorithmic stablecoin versus $100M of “legally-enforceable certificates of ownership of the US dollar.”
The Core Team
The team comprises from Stanford, UC Berkeley, Palantir, and Google; its supporters include Founders Fund Angel, Stanford-StartX, and Blocktower Capital. The TrueUSD team has produced a legal framework for collateralized cryptocurrencies in partnership with WilmerHale and White & Case and has a system of fiduciary, yielding, and banking partners.
What is DigiByte?
DigiByte is considered as a public, fast-growing and highly decentralized blockchain. It is a digital asset that cannot be destroyed, forged or hacked, making them ideal for guarding objects of value like currency, data, property or important digital information.
DigiBytes can be transmitted over the DigiByte Blockchain and forever marked on an immutable public ledger that is decentralized on thousands of computers all over the planet.
How Does DigiByte Works?
DigiByte at first glimpse is another digital asset that subsists on its own decentralized public blockchain. It successfully claims to be “the world’s longest, fastest and most reliable UTXO blockchain in existence.” It was built as a superior option to Bitcoin, thinking a faster, more secure cryptocurrency that reaches a broader community. The blockchain is expanded over more than 100,000 nodes, endeavoring for the final level of decentralization.
Whereas Bitcoin’s regular block time sits at 10 minutes, DigiByte’s 15 seconds gives users just enough time to open devices. The project has an imperative need for speed, with the block time doubling every two years – efficiently turbocharging the network’s number of transactions per second with an unbelievable projected rate of 280,000 p/s in 2035. DigiByte’s current scale of 560 p/s already overshadows Bitcoin’s 7 p/s.
DigiByte’s peripheral concern was to bridge the gap between gaming and digital currencies, with players being compensated in-game with the DGB token. Things started with a bang, with DigiByte adding many integrations with games that include Minecraft and League of Legends. After giving out millions of tokens, the team shut down DigiByte gaming in May 2017 after severe technical issues.
What makes DigiByte More Secure?
The DigiByte blockchain is spread over 100,000+ servers, computers, phones, and nodes worldwide.
5 Mining Algorithms
DigiByte utilizes five secure and exceptional cryptographic mining algorithms to stop mining centralization compared to single algorithm blockchains.
Advanced Difficulty Stability
Difficulty regulations protect a blockchain from several forms of malicious attacks. By designing and executing DigiShield & MultiShield, DigiByte has the most advanced complexity stability of any blockchain in the world today.
What makes DigiByte Faster?
15 Second Blocks
DigiByte has the fastest block speed of any public UTXO blockchain in the world presently with 15-second block timings.
Early SegWit Implementation
Segregated witness acknowledges for several innovations to occur on top of the DigiByte blockchain such as cross chain transactions and single authentication transactions.
DigiByte transactions, unlike other transactions on other blockchains, are limited in size and range to increase speed, efficiency, and throughput. Most importantly this preserves security.
The DigiByte Team
DigiByte’s reliability rests on the shoulders of Jared Tate. While Tate has an important presence both in the physical and online world, the DigiByte project is not similar to Bitcoin in the understanding that it’s an open-source project.
The team is comprised of dozens possibly more of contributors worldwide. While the idea of an open-source venture is commendable, the implementation of such a project is complicated. Almost every sustainable, successful cryptocurrency has a well-documented team composed of experts from a diverse range of industries at least; these are the projects that draw corporate partnerships and public adoption.
That said, the “team” is available across its broad array of social media channels such as Twitter, YouTube, Facebook, and more.
The Stellar (XLM) is a distributed hybrid blockchain technology platform that is based on a ledger and database. It is a non – profit community – owned network which facilitates cross – asset transfer of values (such as payments) at a portion of a penny.
XLM serves as an open source financial cryptocurrency system that connects people of all income levels to access low – cost financial services. This cryptocurrency is intended to bridge the gaps between distinct closed systems that comprise of existing international financial markets. Plus, the network establishes a common and egalitarian international financial platform; it has adopted a bilateral stand which instantaneously provides solutions to centralized banking system by expanding the access to low – cost financial services to the unbanked and underbanked institutions.
In addition to that, Stellar has a technical architecture which consists of three elements:
- Stellar Network – worldwide network of nodes that are maintained by users, holders, and organizations.
- Stellar Core – serves as the network’s nodes
- Horizon application programming interface (API) – applications such as online banking apps, mobile wallets, and payment services all work together through this element.
Fun fact: Did you know that Stellar was originally based on the Ripple (XRP) cryptocurrency model and protocol? It is actually the fork of the said crypto that is backed up by a $3,000,000 loan from Stripe. That is why both the crypto exchanges have a lot in common, the only catch is Stellar is an open source and decentralized network.
The Special Features of Stellar Lumens (XLM)
The Stellar Lumens founding team aims to integrate within the modern financial ecosystem. Having said that, here are the following special features:
- Fast – processing transactions
- Stellar Consensus Protocol – the platform’s consensus algorithm which uses a united byzantine contract model that is unique in the blockchain ecosystem.
- Distributed exchange – with XLM coins, users can send any cryptocurrency that they hold to anyone else in a different currency.
- Order book – crypto exchange is submitted as an “offer” to the order book – a special feature which finds the cheapest exchange rate for the transaction in – order to minimize the fees.
- Anchors – also called as integrators, these serve as trusted entities that issue credits and hold users deposits. So instead of using a standalone cryptocurrency to transfer value on an international reach, XLM users would simply transfer fiat currency – equivalent credit over the blockchain. Essentially, anchors connect different currencies to the Stellar Network.
- Built – in decentralized exchange (DEX) – with this special feature, company startups to establish their own custom ICO on the Stellar Core Network. DEX allows users to combine concepts into modified structures that facilitate dividend issuance, bonds, collateral debt and escrow.
Stellar (XLM) ICO Profile Information
The ICO acronym stands for “Initial Currency Offering” and/or “Initial Coin Offering”. Initial Coin Offering refers to an individual who offers potential investors some units of a new cryptocurrency platform or a new crypto – token in exchange of legal tender or other cryptocurrencies.
On the other hand, an Initial Coin Offering is the unregulated way of crowdfunding is used for the development of new cryptocurrency endeavors. An ICO is typically used as a source of capital by company startups to avoid the demanding procedures required by financial institutions such as banks.
The Stellar Lumens does not handle any software type (like Ethereum) but it is one of the better choices for ICOs. With that being said, we have provided tables below indicating the detailed ICO profile information of Stellar (XLM):
|STELLAR (XLM) ICO OVERVIEW||PERCENTAGE|
|Complete Metrics Score||Total of 69%|
|Major Exchanges Trading Activity||67% Liquidity|
|Source Code Repository Activity||82% Developer|
|Social Media and Discussion Board||59% Community|
|STELLAR (XLM) CORE OVERVIEW||STATISTICS|
|Merged Pull Requests||280|
What is a Stellar Lumens Coin (XLM)?
Stellar Lumens or Lumens (XLM) is the unit of a digital currency (native asset) that issued by the stellar.org platform (do not confuse Stellar with Lumens, Stellar is the network platform while Lumens is the cryptocurrency of the said network).
XLM serves as the intermediary cryptocurrency on the Stellar Network which facilitate multi – currency transactions at a low cost whilst preventing denial – of – service attacks (spam). Fully half of the Lumens coins are distributed via a direct signup program that dispenses free XLM coins to users; 50% are directed to a partnership program that encourages contribution to the network; and 20% is airdrop to BTC and XRP holders, with the remaining 5% to be reserved for the Stellar Development Corporation.
In line with Stellar’s low fees, a base fee (or nominal fee, which increases if the system suspects that a certain account is submitting transactions with the intention of shutting the system down) of 0.00001 XLM is accompanied with every transaction to dissuade malicious users from spamming the platform (the base fee is collected, redistributed and goes to the network’s inflation pool, this releases 1% rate of Lumens per annum).
What is the Potential Price of a Lumens Coin (XLM)?
The Stellar boasts Lumens (XLM) built – in crypto coin capabilities which made it possible for organizations that do not require difficult smart contracts to create their own custom – made tokens on the XLM blockchain and launch an ICO.
Speaking of the value of Lumens (XLM), the crypto coin has experienced an unstable start this 2018. XLM coins experienced an uptick of over $0.90 USD to a late March plummet of $0.18 USD. Current announcements of potential bank incorporation, however, have seen Stellar evoke its lost ground, recovering to the $0.24 USD.
With that being said, we have provided tables which indicate the potential price of Lumens coins (XLM):
|XLM Coin Information||Details|
|Current Price||$0.213413 USD (0.00003215 BTC)|
|Market Capitalization Rank||#8|
|Coin Price Hourly Change||+0.73%|
|Coin Price Daily Change||+3.99%|
|Coin Price Weekly Change||+11.74%|
|XLM Coin Investment Information||Details|
|Market Capitalization||$4,003,814,097 USD (603,215 BTC)|
|Available Supply||18.8 billion XLM|
|Circulating Supply||18,760,872,565 XLM|
|Total Supply||104.1 billion XLM|
|Trading Volume (24 Hours)||$34,294,100 USD (5,167 BTC)|
|Trading Volume (24 Hour Low)||$0.202334 USD|
|Trading Volume (24 Hour High)||$0.215803 USD|
|All – Time High||$0.875563 USD|
|Since All – Time High||-76%|
|All – Time High Date||
|Restricted Countries||No Restrictions|
List of Stellar (XLM) Trading Exchange Sites
As of the moment, Lumens coins earned the 7th spot of having the largest market capitalization among cryptocurrency exchange platforms.
The Stellar (XLM) Team
The Stellar Lumens (XLM) cryptocurrency exchange platform was officially found in 2014, it is dubbed as the “future of banking”. Without further ado, let us introduce you to the key people that launched stellar.org in 2014:
- Jed McCaleb – co – founder of the Stellar Development Foundation; McCaleb also works as a developer and chief technology officer (CTO)
- Nicolas Barry – works as a chief technology officer (CTO)
- Scott Fleckenstein – works as a software developer
- Rafal Malinowski – works as a software developer
- Bartek Nowotarski – works as a software developer and engineer
- David Mazieres – works as a chief scientist
- Boris Reznikov – works as a director of partnerships
- Lisa Nestor – works as a director of partnerships
- Ella Qiang – works as a director of partnerships in China
- Tunde Ladipo – works as a director of partnerships
- Keith Rabois – former senior executive at PayPal, board member at Xoom, and an early angel investor at Youtube, Airbnb, among others.
- Greg Brockman – former chief technology officer (CTO) at Stripe
- Shivani Siroya – chief executive officer (CEO) of InVenture
Board of Advisors
- Patrick Collison – co – founder and CEO of Stripe
- Matt Mullenweg – CEO of Automattic which is the founding company of WordPress.com; Mullenweg also earned a spot in Forbes’ “Most Influential Angel Investors on AngelList”
- Ronaldo Lemos – board member of Mozilla Firefox Foundation and director at the Institute for Technology and Society of Rio de Janeiro (ITSrio.org)
- Dan Kaminsky – serves as Stellar’s technical advisor
- Greg Stein – director at the Apache Software Foundation and member of the Phyton Software Foundation
- Naval Ravikant – co – founder and CEO of AngelList; Ravikant is also an active angel investor of Twitter, Uber, among others.
- Sam Altman – president of Y Combinator
- Bhagwan Chowdhry – professor of finance at UCLA Anderson
The Stellar Lumens (XLM) Road Plan
The Stellar Core Network core team aims to combat poverty and develop people’s potentials when it comes to financial services. Having said that below is a glimpse of the milestones of the Stellar road plan through the years:
- The Stellar Network has officially launched 100 billion Stellar coins (former name of Lumens coins).
- The core team has officially released the upgraded version of the network.
- The core team has come to a decision to change the network’s cryptocurrency’s name from Stellar to Lumens (this is to not confuse the users that Stellar.org is the non – profit organization network and Lumens is its crypto coins)
- Stellar has officially partnered with International Business Machines (IBM), Stripe, Deloitte, Wipro and many more organizations that use the Stellar Network to simplify cross – border transactions.
- The Stellar Network has already given away more than 8 billion XLM coins to users
The Stellar Lumens (XLM) Project
The Stellar Core Network project is a conflict-ridden subject matter within the blockchain community (competitors of this cryptocurrency argue that the platform is not really decentralized), nevertheless the platform still have the upcoming projects in store for the coming years:
August 30, 2018
- Hard fork of the Stellar Network – soon all XLM holders will be official owners of Stellar Dolphin
October 1, 2018
- Lightning Network Beta Version – the Lightning Network will be integrated to the platform soon, in collaboration of Bitcoin core developer Jeremy Rubin. This beta version will feature “lightning” speed transactions (hence the name) while keeping the transaction fees very low.
- To integrate the Lightning Network on the Stellar Livenet
- To launch The Stellar Decentralized Exchange (SDEX), the core team is still on the works to release a world – class frontend which features: a day – one trading for any XLM ICO token, atomic matching to partner the cheapest rates between any two digital assets, and end – user control of secret keys.
- To improve general brand communication
- To implement walk – through to help people on all income levels to get going
- To enhance technical documentations (such as release notes)
- To further improve the Horizon API and surrounding software development kits (SDKs)
- Stellar Lumens users will be required to procure XLM coins from 3rd party users.
To conclude, the Stellar Core Network together with its Lumens coins (XLM) is competitive with other cryptocurrency on so many levels. As a matter of fact, the platform is in direct competition with Ethereum’s ICO for being a digital assets partner of financial institutions, banks, and other businesses.
This makes the Lumens coins (XLM) the crypto to look out for, due to its low price, low transaction fees, and fast processing transactions.
Solve.Care, known as a decentralized platform for the administration of healthcare and benefits programs announces their partnership with LYFT. It aims to accommodate patients and providers with more options and control over non-emergency medical transportation.
Lyft providing a more technically excellent, economical alternative to taxi services, will assuredly improve access to medical care with first-of-its-kind blockchain and ridesharing service integration.
With more than 300 cities served in the United States and expansion plans to other countries, it is perceived as a company that in the coming years they will have a more significant number of users. This growth can serve to solve.care, since many users can refer directly to require the services of the company blockchain.
The integrated solution will allow for Solve.Care’s wallet holders with higher access and control over healthcare-associated transportation. The users will be capable of scheduling their own Lyft rides to doctors’ offices, hospitals, and pharmacies, with the facility to plug in sought arrival times. As an addition, patients can automatically compensate for the ride with their Care.Wallet and share ride costs with their family members, employers, insurers and others. The partnership also allows for coordination between a patient, provider and family members, regarding assistance, arrival, cost and schedule adjustments.
Pradeep Goel, Solve.Care’s CEO explained that they are continuously working to give better access to medical care. By partnering with Lyft, their platform will provide a more effective and seamless experience for patients and allow payers, employers, and other agencies to improve patient satisfaction in timely access to care, lessened wait times, and simpler cost-sharing and access to transportation support.
The platform utilizes Blockchain as the underlying distributed ledger to totally change the way coordination of care, benefits administration and real-time payments are fulfilled in healthcare. The innovative use of Blockchain by the Solve.Care platform supports for configuration of patient-centric care administration networks that enable participation based on disease conditions, financial and social requirements, employment, and other eligibility standards.
OKEX, considered as the most trusted digital asset exchange is giving away $3 USDT. As part of their serious campaign to widen their coverage of good traders and investors, they have chosen a few countries as a priority.
To participate, below are the specific rules:
– Only new users who signup via their Telegram bot are eligible to receive their reward.
– Valid for new users from the UK, Russia, France, Germany, and Turkey only.
– Not valid for users registering out of the countries mentioned above. OKEx system will detect the countries/regions by IP address.
– To unlock free tokens, users need to deposit at least $1 worth of cryptocurrency in OKEx wallet address.
New users can also get additional USDT if they can invite more participants and register on OKEx platform using their referral links.
OKEx is known as the world-leading digital asset exchange, offering advanced financial services to traders worldwide by using blockchain technology.
They provide hundreds of token & futures trading pairs to assist traders in optimizing their strategy. They are also one of the top digital asset exchanges by trading volume, serving millions of users in over 100 countries. Their BTC futures trade has nearly $1.5B of volume daily and is widely acknowledged as the gold standard for the industry.
OKEx believes that the blockchain technology will eliminate restrictions to transactions, increase the effectiveness of transactions across society, and ultimately have a meaningful impact on the global economy. They endeavor to achieve something that changes the world and never stop to innovate and advance their customer experience.
The blockchain technology has positively presented great promise of service for multiple applications, over many areas. But, despite the potential, we have still to witness a new generation cryptocurrency achieve mainstream mass adoption on a global scale.
There is an arising demand for cryptocurrencies, although, cryptocurrencies are only at 0.5% adoption globally. A strategically created cryptocurrency that can scale and maximize value for the world serves a welcomed alternative at this instant in time. Right now, top cryptocurrencies don’t have all that it takes to attend this need.
What is Energi?
Energi is the cryptocurrency for world adoption. It aims to accomplish this by fostering a self-funding and governance system, understanding and innovating the most advanced technology in the space that includes full smart contract capacities, and infinite scalability. Moreover, by eliminating the cryptocurrency space’s current restrictions to admission, Energi will become the most user-friendly, reliable and trusted platform for building and trading value.
The Value Propositions
Energi is a self-funding cryptocurrency that envisions to bringing mass-adoption of cryptocurrency. It highlights a self-funding treasury system and will ultimately evolve into a
smart contract platform.
It is self-funded by the treasury emissions, which support for the long-term development of the technology platform. The Treasury has one of the most significant percentage allocations in the space. This treasury funding admits for a viable long-term model that will advance the technology and the community.
In an organization with self-funding, a strong governance model allows Energi to bypass the pitfalls and magnify the successes of its predecessors, making community-driven choices that will maximize scalability and also drive global adoption.
Out of the want to raise a fair and stable cryptocurrency ecosystem, Energi preferred not to organize an Initial Coin Offering (ICO) and to not pre-mine any NRG. It served to reduce the centralization of the Energi network.
Smart Contract Platform
Energi’s working blockchain system, and with NRG currently traded on \different exchanges and just recently listed on one of the leading cryptocurrency exchange globally known as KuCoin. Energi’s blockchain development team is in the process of developing a smart contract platform, to moreover drive network effects that will support global adoption.
Energi Coin Specifications
Block time: 1 minute.
Hashing Algorithm: EnergiHash (ASIC-resistant).
Masternode requirements: 10,000 Energi.
Treasury cycle: Every 14 days.
About 1 million Energi is released per month.
The allocation can be recognized easily as “10/10/40/40.”
10% to the Energi Backbone
10% to Miners
40% to Masternodes
40% to the Treasury
The Energi Team
Energi joins strong practices from all connected realms to build out a truly world-class and top-level cryptocurrency platform. Its core team honors from remarkably strong backgrounds in Cryptocurrency, Finance, Economics, Marketing, and Development.
Energi is lead by their CEO and Chairman, Tommy World Power. He is a respected thought leader and educator in blockchain & Cryptocurrency community. Founder of the Energi vision and had organized teams of high-quality developers.
Ryan Lucchese managed the day-to-day operations and heads the development team. He is Energi’s President and people-first approach to technology while leading by example.
Other important members are David Doss, the VP of Marketing, and Carolyn Seet as the VP of Operations.
Hybrid evidence of work for service system provides a unique method to incentivize the whole process of full nodes financially. Loki leverages these incentivized nodes to produce a secondary private routing layer. Minimum node functionality around the second layer is monitored and enforced with a novel method known as swarm flagging. Loki relies on off an altered form of the Monero source code, assuring that transactions acquire a high amount of privacy.
What is Loki?
Loki is considered as an open source and decentralized cryptocurrency, messenger plus an application platform based on CryptoNight. It adopts key privacy top features of Monero for instance: Stealth address, ring signatures and rings private transactions. On top of that, they intend to give you a platform through which anyone can take shape Service Node Applications (SNApss). SNApss are anonymous, decentralized and uncensorable which functions as a tool to create an application that mainly focuses on privacy and resilience.
The initial Service Node Application to get develop this network is a messaging service. Loki messenger that’s a finish to complete encrypted privacy messenger. This feature is stated inside their road-map that’s likely to be offered by this year’s end.
The Loki Network
With Loki, there’s a blockchain layer like most are knowledgeable about then from that you have a protocol layer or network layer. The blockchain layer is created within the source code of Monero also it’s what imparts to Loki all the fantastic features like RingCT, ring signatures, and stealth addresses. Aside from individuals features the blockchain layer has some variations from Monero. The primary change is the hybrid Proof-of-Work/Proof-of-Stake consensus protocol and hybrid nodes which will make its second protocol layer possible.
The protocol layer can be a distributed network comprised of the service nodes and operates involving the nodes themselves without any blockchain. Because of these design individuals operations happening in this particular layer are off chain which is what gives Loki its scaling ability, and it’s called Lokinet.
The nodes speak with each other using onion routing that’s a protocol that creates pathways between nodes to talk packets of understanding. The value of that protocol is its familiar with obfuscating where the packages originated in where they’re likely to own user anonymity. It comes down to this layer that SNApps will probably be utilized and located. Check out the appearance below for just about any visual representation of the way the two layers might be organized.
Loki Messenger is the messaging application that’s being produced by the Loki team and will also be the initial SNApp on Lokinet. The messenger is an finish-to-finish encrypted private messaging service also known as it enables you to send private messages with other people. That front-finish service already exists but where Loki differentiates is with the outcome as described above.
What’s meant with that is services like Telegram offer the opportunity to have encrypted messages they’re still running from the main server. With Loki that finish-to-finish file encryption is provided and happens on the distributed network that can’t be subpoenaed or shut lower by a government entity.
The LOKI Token
LOKI is the network currency from the Loki blockchain, and it is used in exchange for individuals who keep up with the network. The network is maintained in multiple ways because of the hybrid consensus model that Loki employs. Service node holders are going to be rewarded with 50% from the block reward once they launch over a couple of days and miners is going to be receiving 45% from the block reward. The final 5% of the block reward is allotted to governance.
Loki includes a straightforward roadmap with four major release goals. Every one of individuals goal is vital for the project to ready to go. The very first goal was the Loki mainnet release which happened in April of 2018. Presently, they are focusing on getting their service nodes ready to go for that blockchain. That milestone is scheduled for November of the year. 2019 brings by using it the large guns and also the discharge of the Loki messenger in The month of January or Feb of 2019 and lastly the release from the SNApp Free SDK in March 2019 which is crucial for growing Loki.
Bitcoin’s phenomenal success has made the society interested, and because of this, many would like to become involved in the cryptocurrency trading. But the complex presentation of this industry has made it an intricate system to comprehend and to utilize especially to those non-technical people. To resolve this difficulty, what everyone needs is a user-friendly crypto exchange that consolidates social trading with a hybrid-decentralized architecture to further assist with an assurance of reliability and safety. It is definitely what Blockport is aiming to solve and to develop.
What Is Blockport?
Blockport is known as a hybrid-decentralized exchange with a strong focused on user-friendliness, social trading features and creating a knowledge sharing community. It aims to promote an end-to-end trading platform that addresses the current problems by efficiently connecting proven technological, social and crypto industry concepts to generate an entirely new crypto trading experience.
It is not just the regular kind of Bitcoin or cryptocurrency trading platform. In particular, Blockport strives to achieve something considerably more impressive by tackling the essential pain points of mass adoption by bridging the high-tech blockchain world with the “real” world.
What Advances Blockport From Existing Exchanges?
Exchanges today such as Bittrex, Binance, or Kraken are centralized networks which come with a multitude of concerns that somewhat set the barrier for people to invest in cryptocurrencies. This complexity includes:
Lack of Liquidity
Makes it difficult to trade and induces costs of investment to be higher because not enough people are getting and trading assets on the exchange.
Lack of Security
The highly liquid and most selected exchanges are centralized exchanges that take their customers’ funds and have shown to be very receptive to internal scam and external hacking.
Lack of Transparency
Apart from hidden liquidity expenses, exchanges and especially brokers are not always clear about the real commissions and fees that are affiliated with a trade.
Lack of Usability
The user interface (UI) of recent exchanges highly exhibit that it’s developed for professional traders and tech-savvy people.
Collectively these five problems outlined are inflicting high barriers for the mainstream society to engage in the crypto market. Therefore, Blockport is designed to overcome these restrictions and aid in this exciting development towards the new crypto economy. Blockport will accomplish this by operating best practices from a socio-technical viewpoint that will effectively endeavor to address all those complications.
How Blockport System Works?
Blockport roles as an intuitive portal between the current financial system and the new digital blockchain-based economy. It is an end-to-end trading platform that allows everyone to be part of this worldwide value network. Currently, the process of buying, selling and collecting of cryptocurrencies is still highly fragmented and complicated. The current crypto initiatives are striving effortlessly to accomplish the level of trust that organized financial institutions possess today.
To use all of the multiple Blockport functionalities including the internal decentralized exchange, public centralized exchange connections and social trading a lot is going on after the scenes.
1. When a trade inquiry is presented, it is transmitted through the governance manager. Once the trade is verified, the governance manager will order the members’ funds to be locked by the wallet operator, thus enabling the internal trade engine to coordinate any available internal trades. These orders are submitted to a private order book and only become public when completed.
2. If the trade cannot be filled internally, the internal trade engine will partly fill the order if viable and then pass the balance on to the external trade engine to be harmonized with connected exchanges. The external trade engine bases decisions on accessible supply, transaction costs, and volatility, which are provided by the analytics manager from exchange order books. This data is forwarded to both the external trade engine and the exchange manager, who converts the action into an API order. Once filled externally, trade data will be merged with the internal trade engine to confirm the order was complete.
3. Throughout this process, the Blockport accountant traces member’s funds to support member order privacy, decrease transaction costs, and resolve all interactions in one trade. Once complete, the funds are settled and stored in the on-chain multi-wallet, which is controlled by the wallet operator who operates a node for each supported blockchain, and the trade is openly broadcasted on the blockchain.
The BPT Token
Blockport’s network token BPT is an Ethereum (ERC20) based token that contains various functionalities inside the Blockport ecosystem. The Ethereum Blockchain is presently the most significant platform that supports the production of tokens and therefore enables BPT to interact with other ERC20 tokens seamlessly. Users can exchange BPT for premium services, discounted trading fees, and social trading functionalities.
The BPT token is utilized in various functions across the platform:
1. BPT is issued from the reserve and sold to users via the token shop.
2. Blockport produces income from the sale of BPT.
3. Members can obtain BPT with fiat or cryptocurrencies.
4. Members can pay other members with BPT to copy their portfolio and cryptocurrency trades.
5. Members can use BPT to decrease trading fees, generating clear value for the token and increasing demand.
6. Order costs from other exchanges are included via income from trading fees.
Roadmap And Development
Whitepaper (Q4 2017)
– Whitepaper release
– Community building
– Development & Audit of token sale contracts
– Development of Alpha prototype
Pre-Sale (Q1 2018)
– Commencement of pre-sale on the 3rd of January
– The launch of Alpha prototype
– Start of crowdsale on the 24th of January
– The launch of Blockport 1.0 Beta in March
– Implementation of the knowledge sharing platform
First release (Q2 2018)
– Blockport 1.0 full release, supporting: Bitcoin, Ethereum and several other tokens
– Blockport 2.0 Beta release (Exchange of Exchanges)
– Social trading features
Second release (Q3 2018)
– Blockport 2.0 full release, supporting 50+ cryptocurrencies and tokens.
Third release (Q4 2018)
– Blockport 3.0 Beta release, supporting 100+ cryptocurrencies and tokens.
Fourth release (Q1 2019)
– Blockport 3.0 full release (Hybrid-decentralized Exchange), supporting most popular cryptocurrencies and
The Core Team
The team behind the trading platform comprises a group of specialists and advisory among others. The team works with TQ, a tech hub supported by Google and KPMG in Amsterdam.
Sebastiaan Lichter (Chief Product) and Kai Bennink (Chief Strategy) are the founders of the team. Both have years of background in technology, and Bennink specialized in blockchain at the Delft University of Technology.
Most distinctly, the team lately partnered with Ark, a project that’s building an ecosystem of interconnected blockchains. With Ark’s center on design and ease-of-use, it makes sense that these two companies would pair up. Lars Rensing, the CFO of Ark, is also part of Blockport’s Advisors.
Dogecoin is created originally as a joke, referencing a meme about a funny-looking Shiba Inu dog that earned wide popularity on the internet. This altcoin is an open source peer-to-peer digital currency, favored by Shiba Inus worldwide.
The cryptocurrency’s popularity and importance have skyrocketed since its creation, and there is a large online community that grows dramatically over the years with several loyal fans of the coin. Dogecoin along with their community has made incredible things, using the cryptocurrency to raising funds such as making the Jamaican bobsled team to possibly make it to the Sochi Winter Olympics, funding a project to develop a well in rural Kenya to have access to drinking water.
What is Dogecoin?
Dogecoin is known as a peer-to-peer digital currency similar to Bitcoin and Litecoin and founded in 2013 by Jackson Palmer and “Shibetoshi Nakamoto.” The site and project are bound with honors to its mascot, a Japanese Shiba Inu dog. For those unknown with the meme, “doge” is obtained from the word, and the memes often turn around simple-minded expressions of emotion Comic Sans font such as “much wow,” “very crypto,” and “such moon.”
The token is intended to have over 100 billion coins, a stiff difference between that of its rival Bitcoin, which will only have 21 million total tokens. Dogecoin functions just like any other cryptocurrency; it can be mined or acquired on most exchanges.
Where to buy and store Dogecoin?
Predicting the price of anything on the market that advises whether or not to buy an asset is very difficult. The decreases and flows the of the market could sway Dogecoin in any direction, and users should be ready to lose 100% of investment in any cryptocurrency.
Dogecoin had some substantial growth in 2017, and its market cap broke $2 billion in January 2018. The meme-based token began attracting media recognition like never before.
One big reason Dogecoin was capable of breaking into popularity and remaining popular is because of its extensive availability in exchanges. Some popular exchange for Dogecoin is Bittrex and Poloniex, as well as minor exchanges Gate.IO, HitBTC, Cryptopia, and CoinExchange.
To start with Dogecoin, new users can download the MultiDoge wallet from their official website and set it up in less than 5 minutes. Also, users can store their Dogecoin either on their exchange wallets or other wallets that support the Doge.
The most valuable lesson from the Dogecoin project is the importance of creating a community. The token has been long excluded as a joke by the cryptocurrency elite, but yet Dogecoin is far from being out-of-date and thanks to its strong community of people that simply desire to see the coin succeed.
Dogecoin, joke or not, has been capable of accomplishing something that some tokens can. It has been about for nearly five years, which earns some respect.
A study of Dogecoin also touches some color to the current cryptocurrency ecosystem. This straightforward token doesn’t play to be anything but what it is: a peer-to-peer digital currency. Among the thousands of whitepaper pages, complicated theories, and scholastic information of the cryptocurrency market, Dogecoin is a gem which the community loves it.