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Showing posts from January, 2018

The intelligent investors guide to Particl (PART): Part 6 - What does Particl as a privacy platform have over Monero and other privacy currencies?

What does Particl as a privacy platform have over Monero and other privacycurrencies? Monero is a decentralised currency that is currently reliant on centralised services for its use. Thus in its practical implementation it is not fully decentralised and there is a central point of failure when transacting. In contrast under the Particl network and client listings, transactions, escrow services and settlement are fully integrated and decentralised; this includes: Network security where the nodes can be obfuscated via tor integration. Transactions security where the buyer, seller and amount can be obfuscated yet verified by RingCT. Seller security whereby the nature of listed items being sold can be made private and obfuscated to the rest of the Particl network and only viewable if the viewkey is disclosed (i.e. the seller discloses this via private communication to potential buyers). Communications security. The client nodes have the capacity for sending encrypted messages between each

QTUM is Proud to Announce the First Matchpool Developer Challenge

Matchpool has announced a 50,000 USD development challenge, in which entrants develop an MVP QTUM app for Matchpool's platform. A winner of the challenge will be announced on February 18th, 2017. After a successful launch, community and connections network Matchpool seek to develop their Asia outreach, developing the QGUP model specifically for this market. Asia is formidably important within the cryptocurrency market and Matchpool endeavours to expand operations in this huge market region. Matchpool believe running a competition to develop an app will provide them with sufficient coverage. The contest is called "QTUM Dev Challenge." It is expected that experienced developers from all over the world will take advantage of this rare opportunity to compete alongside the best in the industry. Matchpool is looking to develop a social app. Recognising the importance of social media and how pervasive it is in everyday life. Viral marketing and platform basis is the way to go.

People Are Paying Thousands of Dollars for Crypto Celebrities on the Blockchain

Anything can be placed on the blockchain with a little ingenuity – even Hollywood celebrities. Cryptocelebrities is this week's Cryptokitties, a smart contract-based trading game which profits from digital scarcity. Only one copy of each celebrity is released, compelling traders to spend thousands of dollars to snap up 'celebs' like Satoshi Nakamoto and Emma Watson. Celebrities on the Blockchain Because 2018 On paper, a game like Cryptocelebrities sounds as dumb as last month's big crypto game, Cryptokitties. Like its feline forebear, Cryptocelebrities rewards early adopters who get to snap up the best digital real estate and then sell it on for a profit. Blockchain-based collectors' games such as these create a level of FOMO that can cause assets to change hands for thousands of dollars. At 4pm EST on Tuesday 23rd January, the Cryptocelebrities site was knocked offline temporarily, believed to be due to high demand. While the Cryptocelebrities project looks like a

NEO Price Struggles to Break the $150 Resistance

Even though most cryptocurrency markets are showing signs of recovery, some altcoins still struggle a bit. Struggling is a term used rather loosely here, though, as a 1.65% dip compared to 24 hours is nothing these days. For the NEO price, the fight for dominance over $150 is still in full effect as we speak. It seems there are plenty of market makers who want to keep the NEO price below this threshold right now. A breakout is expected to occur shortly, by the look of things. NEO PRICE EYES THAT $200 ALL-TIME HIGH Before all cryptocurrency markets took a major dip earlier this week, the NEO price was on the verge of reaching $200 at some point. At its peak, the altcoin reached a value of $190.77 and solid momentum was in place to push the NEO price even further. Unfortunately, things went from bad to worse in quick succession, resulting in a massive price decline for NEO. All other cryptocurrency markets were affected by similar trends as well, but it seems those issues are a thing of

Overstock Glitch Gave Customers ‘Discounts’ With Bitcoin Cash

This week security experts found a website glitch on the e-commerce marketplace Overstock that let customers purchase items for a fraction of the price. The reason users were getting such huge discounts is because the system was accidentally allowing bitcoin cash (BCH) purchases in place of items priced in bitcoin core (BTC). 'Big Discounts': Some Overstock Customers Pay for Items Priced in BTC With BCH Overstock Glitch Gave Customers 'Discounts' With Bitcoin Cash According to the company Krebs on Security and the security firm Bancsec, Overstock's marketplace had a serious glitch allowing people to pay for products priced in BTC in BCH. On January 5 a Krebs researcher chose to purchase three outdoor solar lamps from Overstock which added up to $78.27. At the time Overstock's invoices told the researcher to pay 0.00475574 bitcoins to a specific address. Instead of paying BTC, Krebs on Security decided to send 0.00475574 BCH to the specified address. In a matter

The intelligent investors guide to Particl (PART): Part 5 - How will Particl if successfully adopted increase the value of *all* cryptocurrencie

The following is a quick announcement about how Particl (PART) if succesfully adopted could potentially increase the value of all cryptocurrencies: ... Firstly can users only use PART tokens to transact?   Short answer: No. Not quite. Detailed answer: If we understand that Particl is a modular smart contract platform with the decentralised, privacy centric marketplace being the first module to launch then the following responses make more sense:   The aim is for the marketplace module to have built-in shapeshift integration. This means any of the (currently 67) cryptocurrencies supported by shapeshift can be transferred to a particl client and automatically converted to the native PART token for transacting on the Particl network. Furthermore the modular smart contract nature means other widgets and modules can be built to integrate other exchanges (both centralised and decentralised) and services into the Particl network and client e.g changelly integration for USDT:PART integration

Bitstamp Is Asking Users Who Want to Withdraw a Lot of Questions

Customers of Slovenia's Bitstamp exchange are being forced to jump through hoops to meet an unprecedented level of compliance. A widely circulated image, purporting to reveal Bitstamp's enhanced KYC procedure, has been attracting a lot of attention. The document requests screenshots of other cryptocurrency exchange profiles, bank account statements showing fiat deposits to third party exchanges, and signed messages from the BTC and ETH addresses the customer intends to use. Bitstamp Wants to Really Know Its Customers Bitstamp Is Asking Users Who Want to Withdraw a Lot of QuestionsCryptocurrency exchanges are obligated to closely adhere to the law in their jurisdiction. Government agencies are inherently suspicious of bitcoin, and regulators won't hesitate to shut down exchanges that are found to have facilitated money laundering or conducted inadequate KYC procedures. But in their quest to be seen as squeaky clean, some exchanges are asking intrusive and unwarranted questio

Dubai to Become a Blockchain City

Dubai is a city known for its extravagance and technology. Flying taxis, water jet firefighters, and robotic police are all parts of its current reality or future. It would not be a surprise if they were simply looking into smart contracts and cryptocurrencies, but what many may not realize is that they also plan on being the world's first blockchain-powered government. DUBAI AS A BLOCKCHAIN CITY There are some immediate and obvious advantages to getting much of a nation's citizenship and other tedious documents which require extensive reconciliation between various organizations onto a blockchain. Distributed, decentralized ledgers offer numerous benefits for this kind of recordkeeping. Dubai plans to make the majority of city documentation powered by smart contracts by the year 2020. This is ambitious, but not impossible. The various items that will find their way onto the blockchain by then are: visa applications, bill payments, and license renewals. Essentially, anything th