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Neo Blockchain Partners with Zeux Pushing Payments for Apple and Samsung Apps

May 4, 2019 by TheCryptoToday Leave a Comment

Zeux, a fintech firm that is based in London, has recently confirmed its partnership with the Neo blockchain, an 18th ranked cryptocurrency in market capitalization. In a recent report obtained by the Medium, this newest collaboration between two firms will allow users to convert their digital assets and be able to pay for application in both Apple and Samsung.

This recent announcement is such a piece of great news for the NEO holders who can finally spend their tokens with all applications that accept Apple and Samsung Pay worldwide. As of reports obtained by the Medium, Neo will officially be available on the Zeux app this coming May 7, 2019.

Through this partnership, Neo blockchain and Zeux are both enhancing the pace of the cryptocurrency adoption in the market. While many merchants have already accepted payments through digital coins, the addition of Neo tokens into the Zeux app now allows users to pay with ease for the goods and services they need through the above-mentioned payment options.

Knowing More About Zeux

Zeux is a financial firm that makes an investment, payment, and banking transactions being integrated into one single application. Each user of this application has the chance of making every transaction easy. They will have their own digital bank account where they can control transactions made on their digital wallet. Hence, this app gives them chances to buy goods and services at any stores that allow Apple and Samsung Pay.

During the announcement, Frank Zhou, the firm’s Founder and CEO, has expressed his excitement with this upcoming collaboration. On his official statement, he expressed how delighted he is as they will be adding the NEO token into the list of cryptocurrencies in their platform. As these two firms affirm their collaboration, the Founder and CEO also looks forward to a more enhance economy by giving every developer a certain tool where they can create and deploy their own smart contract.

Meanwhile, NEO enthusiasts also believed that this partnership will pave the way to the global exposure of the digital currency in the market. In the near future, they look forward to a greater number of investors in the cryptocurrency community while believing that great business could also happen in the crypto sphere.

What to Know About the NEO Blockchain?

NEO is an open-source digital currency that was launched in China. The NEO token is a representation of an investment token in the blockchain with over 100 million tokens used in block creation. It has been learned by the Today’s Gazette that the indivisibility of the NEO token is something that makes it a lot different from other cryptocurrencies in the digital market. It has been recorded that its smallest unit is always 1.

While NEO is working hard in order to achieve their goals in the market, making collaboration with firms like Zeux is a sure way to provide more of their services to more regions. Furthermore, through this partnership, it has been revealed that NEO tokens will now be available for use in the UK since Zeux has just entered into the UK market.

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Filed Under: NEO (NEO) News Tagged With: zeux

Ontology is Set to Launch Paxos Standard

May 2, 2019 by TheCryptoToday Leave a Comment

The Ontology has officially announced their plans to launch the Paxos Standard, a regulated USD stablecoin, into the Ontology blockchain, the news confirms on April 27. In a report obtained by the Medium, the company plans to explore into different application scenarios on the decentralized finance. Hence, they are expected to launch the PAX token this coming May.

Having known the current OEP-4 token standard, the stable coin is said to continue the use of PAX as its ticker. Furthermore, the Ontology revealed that PAX will have to enable the so-called atomic swaps in between the Ontology main blockchain and the blockchain network. By doing so, individual users will be able to do the business with much ease in the Ontology ecosystem.

Getting to Know about PAX

Back on September 10, 2018, when PAX was launched in the digital community. During its official launching, the PAX got full approval from the New York State Department of Financial Services. According to reports, it has been the first regulated USD stablecoin which assures the market of safe open auditing, asset safety, and as well as being supported by a large number of the exchange transaction, making it among the most renowned digital dollar in the digital world.

Accordingly, all transactions in USD are kept safely in the independent accounts of the FDIC which are also placed under the insured banks in the US to make sure that all tokens are kept safe and secure. Furthermore, monthly auditing is being conducted by the US audit firm staffs to make sure that the amount of the USD in the bank accounts is consistent with regards to the PAX in circulation.

Rich Teo, CEO for Paxos, Confirms Plans for Launching

The Ontology Foundation was pleased to announce their plans this May as they set to launch the PAX token in their blockchain. According to the CEO, Mr. Rich Teo, he greatly believed that the PAX will offer more businesses in the near future. They have looked forward into the coming days where PAX will continue to meet the needs of the ever-changing digital community.

Further, the Ontology Foundation is dedicated to making more advancement in these digital currencies in order to meet the growing needs of the digital community. Meanwhile, during the said announcement, Andy Ji, Co-Founder of Ontology, also revealed that the Ontology blockchain looks forward to accelerating more business applications in the coming days. Hence, they are vowed to creating more success stories on traditional business shifting to distributed business.

The Medium further added that the Ontology Foundation is set to provide enterprise partners and more investors in the world of digital assets. They are also dedicated to providing regulated, the reliable and safe gateway to every investor in the digital community. The Ontology team also believes that that upcoming launching of PAX in the Ontology blockchain is a sure way to give individuals and other enterprise partners easier transaction and do the business that is pegged to the fiat of the foundation’s ecosystem. The news seems to make everyone in the digital world excited!

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Filed Under: Ontology (ONT) News Tagged With: ontology, paxos

View Premium Website Content Using SomeNano WordPress Plugin

May 2, 2019 by TheCryptoToday Leave a Comment

Operating as a useful WordPress plugin, SomeNano has taken the limelight this week as it finally allows website creators to create a particular paywall for articles through their website. It has been learned that creators can now browse and pay for a premium website content through the Nano cryptocurrency.

In a report obtained by the Medium, web creators will enjoy less of a hassle as this SomeNano plugin offers less burden to content subscriptions, and only a soft and efficient implementation of the Nano on the website. While this plugin allows creators to charge for a targeted premium without requiring for subscription, this will also allow them to pay with Nano and make access to specific content in only a matter of seconds.

Different Uses of SomeNano Plugin to WordPress

While payments for WordPress is becoming more accessible with SomeNano plugin, checkout the list below to know more about what this plugin can do for you and the user.

  1. Paywall on a blog post – This method will require a certain user to make a payment in order for him to have full access and a full view to particular blog content.
  2. Paywall on a page – When a user wants to have access and full view to entire website content, then, this means of payment is highly accepted.
  3. Paywall for an image – This payment is also acceptable when a user wants to view a premium image in a certain website. Most probably, that image is free from watermarks.

Having known all these advantages of accepting payments through the SomeNano plugin, without a doubt, website creator will love how this plugin will going to work on their websites in the days to come.

How Does SomeNano Works?

Are you ready to accept the Nano digital coins as payment to view your premium content on your WordPress site? Here’s how the SomeNano plugin works best for you.

  1. First, make sure to install the SomeNano for WordPress plugin in your website;
  2. Add your own Nano account into the settings page in order to proceed;
  3. There is a somenano_paywall shortcode that you will find in your page and in every content of it, make sure to include it, and the content below the code will be viewed once the payment is made;
  4. Users will make the payment for them to view the premium content of the website.

According to the Somenano official website, it takes some easy steps for a creator to start using the plugin. Apparently, there is no registration required in order for creators to receive payments; and similarly, there is also no registration needed in order for a user to make payments on the website.

Once a user is logged in into your WordPress site, they will automatically gain access to the paywall whenever they are logged in into their account. But when a user is only a WordPress site guest, that certain user will bypass           the paywall as long as they keep a cookie in the browser they are using.

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Filed Under: Nano (NANO) News Tagged With: somenano

What is VeChain? The Blockchain-based Platform that Services Enterprise Users

April 30, 2019 by TheCryptoToday Leave a Comment

VeChain is a blockchain-based platform with specialized capabilities to enhance the processes entailed in supply chain management. It utilizes a tamper-proof distributed ledger technology to ascertain the authenticity and quality of the products bought by the users on the platform. Be it spare part replacements, servicing history, cost, inventory level or anything else, all information about a product in the supply chain management system can be securely recorded for all participants of the platform.

  • It aims to build a trust-free and distributed ecosystem based on blockchain technology for a transparent flow of information, high speed value transferring, and efficient collaboration.
  • It plans to achieve secure supply chain management solutions through asset digitization.
  • The platform enables product manufacturers to assign unique identification to each available product in their inventory. This way, all stakeholders, including customers, manufacturers, and supply chain partners will be able to track the movement of the products in the supply chain at any point in time.

The supply chain is a large industry with several moving parts. Elementally, supply chain entails everything from seed to sale, farm to table, retail stores, manufacturing, and manufacturing to shipping. Simply put, everything pertaining getting everything you purchase, from electricity to food, gas, luxury items, as well as even drugs has a supply chain.

What is VeChain Thor?

VeChain Thor, a dual-token, BaaS (Blockchain-as-a-Service) platform, was originally built on the Ethereum smart contract network to offer services to enterprise users. The platform’s mainnet launch occurred on the 30th of June, 2018. The project focuses fundamentally on the supply chain, as well as on delivering IoT (Internet of Things) solutions. Whereas VET is VeChain Thor’s proprietary crypto coin, the VTHO token’s use entails paying for tokenized transactions.

VeChain uses a proprietary smart chip to implement QR codes, NFC chips, and RFID trackers to bring enterprise Internet of Things aboard the blockchain.

VeChain Technology and how the Platform Works

  • Supply Chain Management & Anti-Counterfeiting

In its present form, VeChain is all about capacitating manufacturers to effortlessly gather and manage data regarding a commodity throughout its life, as well as share this with vendors and customers.

The latter can help make better the manner in which businesses manage their supply chains. It as well alleviates the possibility of consumers being swindled into purchasing counterfeit products.

VeChain realizes this through the digitization of physical items and caching the information regarding the items on the blockchain, updating this data as the commodity through the various stages of the supply chain. As such, at any particular point in time, a user is in a position to look up an item and get to see particularly where it has been as well as what has happened to it.

Businesses implementing VeChain assign unique IDs to their items and write this data into VeChain’s blockchain network as well as into some kind of tag attached to the product. The latter could be achieved utilizing an NFC chip, an RFID chip, or a QR code, being contingent upon the particulars of the item or product in discussion.The tags are attached in such a manner that interfering with or damaging the tag will as well tamper with the product.

Each party involved in the product’s life is allotted a private key for the item, enabling them to update the product’s details as they handle it.

Consequently, in the event the product is received by the consumer, they are able to use VeChain’s application to scan the tag and have a view of the full history of the product. So far, they are in a position to ascertain it is real, and learn more about the other details as regards the product.

  • The Tokens
  • VET (VeChain Tokens):

VeChain Tokens (VET) are used as medium of value transfer between accounts. They are used to determine the significance of an account on VeChain in the sense that accounts with larger holdings are given more priority as compared to those with lesser holdings, and they generate the THOR Power tokens.

THOR Power is generated at a rate of 0.00042 THOR per VET per day. The implication of this is basically that roughly 2,381 VET tokens are required to generate 1 THOR per day.

  • THOR Power:

THOR Power is needed to pay for the execution of smart contracts as well as run decentralized applications (dApps) on the blockchain. Every time these payments are made, 70 percent of the THOR is destroyed. Consequently, the remainder is given to the nodes that operate on the network.

  • The Nodes
  • Authority Nodes:

VeChain Thor is run by 101 Authority Nodes, referred to as Thrudheim Nodes. It is these nodes that receive the data that is to be incorporated into blocks and generate the blockchain.

To become a ThrudheimNode is extremely difficult as one will need at least 250,000 VET to even be considered. Most significantly, accounts with adequate VET will undergo vetting by the VeChain Foundation to make certain they fulfill the criteria prior to being qualified a Thrudheim Node status.

Nonetheless, there are significant rewards available for authority nodes, for instance, an enhanced voting right in important decisions, a share of the VeChain Foundation Thor Power Rewards Pool, and access to the 30% of unburned THOR tokens.

  • Building the Supply Blockchain (Supply Chain 3.0)

VeChain Thor isn’t the most consumer-friendly blockchain name, and they don’t care. The average person isn’t the target demographic for this blockchain. VeChain Thor’s team has a strong pedigree in enterprise supply chain management, and that’s where this platform has its roots.

Digital ledgers are used throughout the supply chain, from manufacturers like Clorox and Cintas to distributors like FedEx and the United States Postal Service and retailers like Best Buy and Walmart. A well-functioning company in this sector has a 98 percent fulfillment error rate using present technologies.

Such technologies as Near-Field Communication (NFC), Quick Response (QR) and Radio Frequency Identification (RFID) are implemented to track products and supplies throughout the process so everything is accounted for.

Undoubtedly, any Six Sigma expert worth his or her Black Belt knows 100 percent is the only acceptable quality rating, but 99.999… percent is acceptable for as long as you constantly strive to add another 9.

Be that as it may, the current technology is not able to attain such limits, and that’s why the VeChain Foundation moved this process to a distributed blockchain ledger. Using VeChain Identity (VID) to track each item creates a stronger trust system for shipping, receiving, as well as warehousing.

VIDs are generated by “mining” an SHA256 hash function. They are then attached to the QR code, NFC tag, or RFID tag to create an IoT digital twin.As such, the company is in the position tokeep track of the entire supply chain.

The 2nd blockchain layer is the smart-contract network. Here, legal ownership and possession of the digital and physical assets can be easily transferred from end to end using the familiar public/private key value transfer system of cryptocurrency.

As for VeChain network mining nodes, each business and organization using the system will run and maintain their own individual nodes, creating a private and exclusive ecosystem. Individual members of the public can’t mine VET, but they can buy it and stake VTHO through VeChain Thor’s Proof-of-Stake system.

The larger part of the discussion around VeChain Thor revolves around its supply-chain roots, but its strong partnerships with enterprise-level clients inspired the Foundation to expand into other business operations.

Economic Model

VTHO is generated via holding VeChain Tokens (VET) with velocity ?, which is established to enable any user with VeChain Tokens (VET) to make transactions at no extra cost if the user holds the tokens for long enough.

 

Based on the VTHO generation model, we can estimate the supply and demand of VTHO for each given day and dynamically for one year after the VeChain mainnet is officially launched. The total supply of VTHO is calculated to be 37,459,858 each day with the current ?.

The demand of VTHO includes smart contract execution and payment transactions. The VTHO demand from the former is estimated by the forecast from the business development team and the VTHO demand from the latter by comparable cryptocurrency transactions data in the past three months.

To stabilize the VTHO price and maintain the equilibrium of demand and supply of VTHO, the Foundation might adjust variables of the economic model when the demand is close to the total supply of VTHO.

 

Generally, the VeChain Token (VET) price consists of three parts: the present value of all future

VTHO generated; the present value of VeChain Tokens (VET) as a cryptocurrency; and the present value of the use of VeChain Tokens (VET) as value transfer media (or smart money) on the VeChain blockchain.

 

VeChain Market

So far, VET’s all-time high stands at $9.55 USD, which occurred on the 22nd of January 2018, a time when it was an ERC-20 token running on the Ethereum blockchain network and was referred to as VEN. Upon the launch of the VeChain Mainnet (as it was referred to at the time), VEN was changed to VET at a 1 VEN: 100 VET ratio.  What’s more, VTHO (similar to GAS on the NEO Network) is produced and awarded to holders of the VET token at a base rate of 0.000432 VTHO: 1.0 VET.

As of 9th November 2018, VET’s circulating supply rests at 55,454,734,800 VET out of the total supply of 86,712,634,466. Most noteworthy, there is no cap on the VTHO supply.

With all the above taken into consideration, in so far as price goes, the all-time high of VET thus far is $0.019533 USD which was attained on 4th September, 2018. On the other hand, VTHO on the 1st of August, 2018 hit its peak price at $0.040216 USD.

The VeChain Thor Initial Coin Offering (ICO) took place as from the 17th of August 2017 through the 17th of September, 2017. Most noteworthy, the ICO raised just about $20 million USD worth of ETH. May 25, 2018 remains in the books of history as the day when the launch of the very first Initial Coin Offering on the VeChain mainnet occurred, and it was called Plair, a VeChain-backed, blockchain-based gaming rewards ecosystem.

Digital currency markets that support VET are inclusive of Gat.io, Kucoin, Binance, LBank, DragonEX, Bitfinex, Huobi, and BitMart. The trading pairs of VET include; USDT, BTC, ETH, and such fiat currencies as the US Dollar. Just about $13 million USD worth of VET is traded every day.

Both VTHO and VET can be held on their official cryptocurrency wallet referred to as the VeChainThor Wallet, as well as the Ledger Nano S hardware wallet. Unless explicitly stated otherwise, holding VET in a cryptocurrency exchange does not accumulate VTHO.

The Team behind VeChain

VeChain implements a fascinating model of governance in which case they have endeavored to arrive at a balance between decentralization and a more efficient centralized governance.

VeChain is originally run by the VeChain Foundation, who are governed by the Board of Steering Committee. This board’s members are elected by VeChain’s stakeholders. Most significantly, the stakeholders comprises of various nodes on the VeChain network.

The Board of Steering Committee will be at the helm of functional committees focusing on various aspects of VeChain, for instance, the Technical Committee who work on R&D as well as Technical Support, or the Public Relation Committee whose focus is on business collaborations, public relations, and marketing.

The board presently in place is rather impressive, with the entirety of its members seeming very skilled with significant work experience in pertinent areas.In addition, the fact that a number of the members of the team work, or formerly worked at such notable organizations as Deloitte and PricewaterhouseCoopers (PwC), which are fundamentally huge accountancy firms that could benefit from the VeChain project, is impressive. Consequently, the latter implies that the team truly understands what they want as well as the needs of their target industries.

Needless to say, the executive is significantly important, but there are a lot more individuals other than the managers who involved in any project, and VeChain boasts a somewhat sizeable team in so far as cryptocurrencies are concerned.

As per their LinkedIn profile, the team comprises of forty three members, although there are reportedly as many as sixty employees currently employed by the VeChain Foundation. These individuals are laid out across a number of departments, from blockchain development to R&D of Internet of Things (IoT) devices.

Partners

VeChain has already picked up a number of impressive partnerships.
Here’s a few of them:

National Level Partnership in China

VeChain is acting as the official blockchain technology partner of in the development of Gui’an, a region set to be a testbed for innovative technology designed to improve administrative efficiency.
If the governors here like what they see, it wouldn’t be a surprise if they chose to roll out the technology across the rest of the country as well.

An E-Government system based on VeChain Thor’s blockchain technology has already been developed, designed to store business registration documents with the intention of eventually allowing for rapid and simple auditing.

Additionally, they’re working to build a blockchain-powered exchange for physical goods in the region, and VeChain believe they are nearing the ability to power an entire smart town in the Gui’an region.

PricewaterhouseCoopers

VeChain is part of PwC’s incubator program, giving VeChain access to significant resources and contacts.

PwC is one of the world’s largest auditing companies, and they could greatly benefit from VeChain’s technology.
As a result, it’s easy to imagine them extending their relationship out of the incubator program in the future.

DNV GL

VeChain is working with DNV GL to assist with cold chain logistics, which is all about the transport of chilled goods that must be maintained within certain temperature parameters.

VeChain will integrate smart sensors into products, allowing for the temperature, humidity, and location of items to be recorded and monitored at all times.

Now, once goods reach a retailer, for example, they can easily look over its journey and be confident the items are safe to eat, improving customer safety and satisfaction.

And More

There are several more partnerships already announced, with more likely held back by NDAs.

I highly recommend looking into some of these partnerships yourself, it makes for some impressive reading, and there’s really no other cryptocurrencies boasting the same level of connections.

Of course, many of these partnerships are still in the ‘proof of concept’ and development stages, with companies looking to see how VeChain could help them in the future. So, there’s no guarantee that the people they’re working with now will continue with them in the future.

However, it’s still very encouraging to see such high interest in the project, and VeChain has its foot in the door with many powerful and important companies. If they can impress them now, VeChain could be set for great things in the future.

Product & Traction

Bank of America made its vigorous expansion in the United States consumer banking market by buying regional banks. For quite some time, the bank’s customers in California, whose banks used the legacy COIN platform, were not in a position to use their debit cards at Automated Teller Machines outside of California.

A similar case was witnessed by the bank’s customers in Washington as well as Oregon. Nonetheless, the proprietary system used in the Pacific Northwest was quickly changed to Bank of America’s proprietary system.

Governments and enterprises that have been existent for a number of centuries have an abundance of computers running a profusion of proprietary software on legacy operating systems.

Owing to the fact that they normally have multi-million-dollar, multi-year contracts with their current 3rd party vendors, upgrading enterprise systems is no easy affair. Every single program was tailor-made for a particular platform, and most of the times these cycles of development take up 2 or more years to go through all the appropriate ratification processes.

The VeChain Thor project proved its concept with its present allies, which comprised of, among others, PwC, Healthcare Co Ltd., Xiamen Innov Information Technology Co. Ltd., Microsoft, Renault, and Babyghost, just to mention but a few.

The team came to the realization that they were not serving the entire supply chain up till they went ahead to further support the operations. Operational teams, for instance, sales and marketing, accounting, the c-suite, and accounting require real-time access to VID data. What’s more, all systems are required to be in a position to accept the data and present it.

VeChain is spirited to not only incorporate supply chain, but all aspects of enterprise as well. Most noteworthy, development is ongoing, and additional alliances are constantly being sought.

Conclusion

On the assumption that you are looking for a reputable information services provider and products company, VeChain scores all the brownie points. The organization boasts a good reputation among clients with its consistently high level of services. The company offers distributed data storage where information is stored in more than one node to ensure its integrity, security, and safety. VeChain ICO tokens are set to be well received by businesses whose core capabilities are related to the collection and dissemination of data. Presently focusing on the supply chain and information integrity solutions, the company’s management has plans to expand the platform’s reach to other industries in the future, based on its success in the current industry segment in which it competes.

Filed Under: Coin Guide, VeChain (VET) News Tagged With: vechain

Switcheo Officially Launches Cross-Chain Atomic Swaps

April 30, 2019 by TheCryptoToday Leave a Comment

The Switcheo Network is thrilled to announce the official launching of the cross-chain atomic swaps for the Ethereum and NEO blockchains. In an official report obtained by the Medium, it was revealed that Switcheo users are now given the ability to make this cross-chain from the SWTH to the ETH. Apparently, this will make the Switcheo as the first decentralized exchange that finally allows the swapping between these two renowned blockchains.

During the official announcement, Ivan Poon, the Switcheo CEO, made a statement that as they launched this newest feature and platform, they are now giving the users the chance to trade more conveniently between the ETH and the NEO markets respectively. Despite the cross-chain atomic swaps, Poon made sure that users will still have the full custody of their funds regardless of the changes being implemented.

Over the years, this atomic swap technology has already existed. However, Poon added that it is just now that this platform has been widely adopted in the digital market as it has the process to complete a full swap between two blockchains.

The Switcheo Community

A non-custodial blockchain asset trade for ERC20 and NEP5 tokens, that is what the Switcheo community is known for. As they officially introduced the atomic swap between the two blockchains, the market is very thrilled to experience borderless trading in the digital community.

During the launching, John Wong, the Vice-President for Engineering revealed that they have spent a huge amount on creating big improvements that will simplify everything for the customers. A report from UP Crypto added that by making use of this cross-chain atomic swaps, everyone is finally capable in creating constant liquidity no matter what the customer’s date stage is.

What are Atomic Swaps?

Having known the recent launching of cross-chain atomic swaps between ERC20 and NEP5 tokens, not many of the users understand what atomic swaps are all about.

Atomic swaps are a series of blockchain transactions which allow two certain parties to make and perform trustless cross-chain trading activity. With this, any cross-chain trade would be completed even without the use of a third-party and having no loss or risk that may be brought by a counterparty who doesn’t honor a certain deal.

Two steps are reportedly intended to be done in order to make atomic swaps successfully. First, a user will choose a certain password and will use it in order to generate a particular hash. The user will then create a blockchain transaction to a receiver by following a certain instruction.

Meanwhile, while waiting for the transaction to appear in the blockchain, the receiver will also send the same transaction using a certain password hash. When both password hash matches and have been verified, the funds will then be transferred to the user who initiated the first transaction.

While atomic swaps allow a trustless cross-chain exchange, several practices have revealed how troublesome those were. Nonetheless, as the Switcheo Network finally launched this thing, everyone is looking forward to a future that every transaction will be smoother and easier unlike before.

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Filed Under: NEO (NEO) News

Monero Wins the ResDex 15% Donation Program, Resistance Team Confirms

April 29, 2019 by TheCryptoToday Leave a Comment

Great news has come for the Monero as they won the recent Resdex 15% donation program by the Resistance team. In exchange, the ResDex will share that 15% of exchange fees to the Monero’s development fund for the period of six months.

In a report obtained by the Medium, the exchange fees will be up to the Monero development team to decide whether or not they will use their funds to invest in their upcoming projects. Having known that Monero is an open source type of cryptocurrency privacy project, it is believed that more projects will be developed in the days to come.

Monero is known for using the so-called CryptoNight, which is a proof of Work hashing algorithm. This kind of digital currency has been known as one of the earliest pioneers in terms of private blockchain technology. Learning more about Monero today is definitely easy as there are lots of blogs for users to visit online where numbers of developers share their plans to the public.

What is ResDex Donation Program?

With this thrilling news informing the public about Monero’s win, it is quite important to know what ResDex is all about. Basically, this donation program is another way for the Resistance team to help the greater privacy community by means of giving funds for assistance and pledge. Furthermore, a report from the Medium reveals that it is the aim of the RexDex Donation Program to at least give light to the different projects in the privacy community.

This donation program aims to create a private and secure transfer into the global community. In line with this, their team looks forward to the future as they plan to support more of the privacy-centric projects in the days to come. Meanwhile, they added that people must stay tuned as to with their upcoming announcements and plans.

The Monero Currency

Many have probably heard about the common cryptocurrencies in the market. However, only a few have known what Monero currency is all about. This is a popular privacy-focused digital coin which has a unique selling feature, unlike other digital assets.

A report from the BiteDegree elaborated that Monero’s sender, receiver, and transactions made will likely to remain unknown to everyone else. For this reason, Monero has become the most popular privacy-centric coin in the digital community.

Further, there are also other factors which made this coin different from everyone else. In terms of privacy, fungibility, dynamic scalability, and the use of multiple keys, this coin is completely different from the rest of digital coins in the market.

Meanwhile, in conclusion to the recent ResDex Donation Program, the Resistance team expressed their gratitude and thanks to everyone who becomes part and has been involved in the said contest. Among the supporters were the Grin, Beam, Cloak, ZCoin, NavCoin, Bulwark, and Loki. Further, the team also looks forward to more advancement that Mnero will have to create in the privacy-centric community in the future days to come.

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Filed Under: Monero (XMR) News Tagged With: ResDEX

Gifto Officially Migrates to Binance Chain

April 29, 2019 by TheCryptoToday Leave a Comment

Today, Gifto just made a big leap as they officially migrated to the Binance chain. With the aim of making Gifto the widely-used token in the world, they finally decided to clear off the boundaries by leaving the Ethereum blockchain for the newly launched Binance.

In a report obtained by the Cryptoninjas, the Gifto has shared that they foresee the Binance chain to create a huge future in the digital community. They further added that this chain offers a faster speed and has smart contract options compared to the other.

An excerpt from the Gifto’s official announcement revealed that they will always have great respect for the Ethereum community. However, their decision to move into a new and better blockchain is something that suits their aggressive plans in the near future. Gifto aims to grow their entire community without having to incur huge fees and transaction charges to the user, which they believe will give a negative impact on their experience.

How Gifto Uses the Binance Chain?

With the recent transfer of Gifto to the Binance chain, they made sure to make the flow of transaction simpler and easier to the mass market. They added that their first step in making the transaction is to support the migration of the Gifto ERC20 tokens to the BEP2 through the Binance website.

Secondly, they also made sure that the Binance chain tokens will be supported in the Gifto wallet. That means, enabling the BEP2 token to be used together with the Gifto ERC20 tokens. With the first two steps elaborated in the recent report from Medium, they also plan to roll out more Gifto wallet across the numbers of third-party applications thereafter.

With this recent implementation of plans, the Gifto revealed that more of their upgrades will happen real soon as users start to use the Binance chain on a large scale. With the millions of gamers, creators and streamers that are buying and playing through the use of virtual currencies, the Gifto is literally heading to becoming the most widely used in the entire world.

How the Migration Process Takes Place?

Gifto has issued an important note to all their users regarding their migration to the Binance chain. According to the report from the Medium, the migration process which takes place recently was totally different from the typical mainnet transfer.

They made sure that the current trading and use of the Gifto tokens will not be affected by the said migration. Once the migration official starts, any user will have an option to choose whether or not to convert their ERC20 GTO tokens into a BEP2 through the website, Binance.com.

Each user will have access to convert their tokens at their most convenient time. On the other hand, ERC20 trading will not get affected by this process. Meanwhile, in just a few weeks from now, users will already gain access if they wish to deposit their ERC20 GTO to the Binance website in order to proceed conversion. As the Gifto leaps forward to mass adoption, they still ensure not to halter any transaction that their platform users will have to make.

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Filed Under: Gifto (GTO) News

Bitsdaq Raises $5 Million in a Private Sale Initial Exchange Offering of Platform Token BQQQ

April 27, 2019 by TheCryptoToday Leave a Comment

Bitsdaq, the official Bittrex’s exchange partner the different countries like Macau, Singapore, and Canada, made an official announcement on April 23, 2019, that they have raised to $5 million in a private sale IEO of its platform token, the BQQQ.

In a report from AP News, it says that the platform token BQQQ will start its public initial exchange offering at the Bitsdaq official website. Meanwhile, the Bitsdaq verified users are reportedly given access to the said token sale with a hard cap of about $20,000.

Similarly, it was also early this month when the Bitsdaq made an announcement regarding the launching of its IEO platform, the so-called Bitsdaq Launchpad. It is believed to be officially launched in the market in the second quarter of this year.

Meanwhile, after the announcement circulating online, a report from Yahoo Finance said that the exchange got a lot of application officially on the 30th of April. With this, Bitsdaq reveals that the BQQQ will be among the first IEO project that will be launched on the platform for the verified users.

Platform Token BQQQ – First on the Listed Tokens for Bitsdaq Launchpad

Investors are becoming more positive that the BQQQ will grow a lot, given the fact that it would be the first token to be launched in the Launchpad. In line with the private sale initial exchange offering, most investors also believed that this will run very smoothly with the growing numbers of investors’ interest.

This is one of the reasons why Bitsdaq has chosen the platform token BQQQ to be the first to be launched very soon. On the other hand, as a platform token of Bitsdaq, investors have foreseen that the BQQQ will grow a lot through its new launchpad.

At present, it was reported by the AP News that there are about 1.2 million active Bitsdaq users who are holding the BQQQ token. Further, the Bitsdaq also added that come the near future, the BQQQ landing page will be improved in order to support the continually growing active users and to give additional support to the different project parties.

Some of the list of benefits that will be added to the landing page are special share allocations, release assets, priority purchase rights, offline community events, access to the industry research reports, and a lot more.

With all these upcoming changes and upgrades, the Bitsdaq is very committed to creating a world-class Asian blockchain trading platform. The company aims to provide all its investors with the safest, most convenient, professional, and entirely honest trading community for everyone.

Further, they also target to become the leading international financial service provider in the world. The Bitsdaq Launchpad is reportedly offering a complete service for the digital users which include business model assistance, marketing, promotion, and a lot more.

Having known all these upgrades from the Bitsdaq platform, therefore, it is expected that effective and more improved international market transactions are projected to happen in the days and months to come.

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Filed Under: News

Top 6 Best Nano Wallets

April 26, 2019 by TheCryptoToday Leave a Comment

It was 2015 when Nano was launched by Colin LeMahieu as RaiBLocks, it is a low-latency payment platform that involves minimal resources thus making it ideal for peer-to-peer transfer of value. The Nano community began to grow at a certain pace early of 2018 and has continually grown in an impressive trajectory since then.

Nano has three valuable features that users of digital currency really appreciate – (a) Instant transactions. Nano transactions happen immediately, so it’s a currency you can use for your day-to-day purchases, big or small; (b) Zero fees. All you have to do is pay for the purchases minus the fees. You are basically paying for the item or service and not the convenience; (c) Infinitely scalable. Nano can process over 1000x more per second than Bitcoin, so you’ll save time and be able to do more.

Distinction of The Nano Wallet Company and The Nano Foundation

Prior to discussing the Best Nano Wallets any further, let us begin with the facts. The Nano Wallet Company is a distinct and specific entity, unrelated to the Nano Foundation. While there is confusion in those working for the two companies, let it be known that the Nano Foundation has no control over the wallets and has no association with the Nano Wallet Company. The Nano Foundation, emulating other digital assets, limits itself to its principal functions related to the protocol, while upholding an arms-length line of attack to software built on top of Nano.

Nano Wallets are open-source and it is hoped that users will continue contributing to its improvement and development. Nano is a digital asset or cryptocurrency that shares the same vision that any other digital asset does – and that is to substitute fiat currency, however, pursues to revolutionize blockchain technology on the whole by providing zero-fee transactions in real time without the energy depletion and work-intensive overhead characteristic of Bitcoin, among other things.

Nano XRB

Once you’ve bought XRB (Nano) on an exchange, you may choose that you want to keep those coins in your exchange wallet. If you want to use your XRB (Nano) to place a trade, this is one solution that is not only fast and easy but very much convenient – especially for people who are always on the go.

However, there are some key security risks associated with storing crypto on an exchange. Your private keys are usually controlled by the exchange rather than by you, which means you don’t have full control over your assets and exchanges are a popular target for hackers. But all this is addressed by the designers and producers of wallets; they continually improve on their security to safeguard all your digital assets.

To warrant the protection of your funds, the best option is to move them into a private, secure wallet. That is why there are a couple of wallets in the market today that is dedicated in just that – making sure that your digital assets are well-protected and secured from theft. Hopefully, this will be able to help you understand its potential and continually inspire you to interact with yourself – the future sure is bright!

Best Nano Wallets in 2019

More and more wallets are finally available for purchase and below is a list of the best wallets that can store your digital currency in the most secure and cost-effective way.

  1. Ledger Wallet

One of the most popular and secure hardware wallet that stores more than 1000 digital assets. It was just recently that it started supporting Nano as well. It has a 2-factor authentication process to make it secure and prevents you from hackers. Ledger Wallet is already available for iOS, Android, Linux, Microsoft OS, Firefox and Chrome. This is the best wallet when it comes to storing multiple cryptocurrencies securely in the same platform.

  1. NANO Wallet iOS

This is basically for iOS users, where they can store, send and receive Nano with Nano Wallet. This is safe and secure, and the perfect way to use Nano. It is a global currency with instantaneous transactions and zero fees over a secure, decentralized network. This has recently added a feature where it fixes a bug where the representative wasn’t being properly fetched from the socket on before sending.

  1. NANO Online Wallet | Nano Vault

You are in complete control of your funds without having to download the ledger with an online wallet. The NANO Online Wallet helps you manage your private key. The website only cuts the transaction fee when you transfer your digital currency from one place to another place through their wallet account. The best thing about the Nano Vault is that they are totally focused on high security as the private keys are never sent across the network, and the chance of theft is null. You can send and receive Nano from any device you want using this web wallet.

  1. Canoe Wallet

Canoe is a completely open source and cross-platform wallet to manage your Nano in a safe and secure way. Canoe is secured 100% cryptographically. The best part about Canoe is that the transactions are instant and feeless, which makes it one of the most favorable and best NANO wallets in 2019. You can download the app or you can run it on your desktop.

  1. NANO Wallet Android

As the name suggests, it is for the Android users who can themselves create an account free of cost. You can back up and store your Wallet Seed, share your address via QR code, etc. The best part is that you can send a Nano Share Card through Messages or a Share Action. Just be sure to save your Wallet Seed in a secure and safe place. It is the only way to control your funds and unlock your wallet.

  1. NANO Wallet Desktop

The biggest barriers to making use of a desktop wallet versus a web wallet, for new or freshly joined Nano users, is the initial sync of the blockchain required to receive, send and view balances. It is available for download for Mac, Windows and Linux operating systems, this wallet allows you to retain control of your private keys. It’s easy to use and has an easy set-up process, and sending and receive payments is similarly simple.

In the Nano community, they always try to provide users with the best experience possible and they believe that having a dedicated following makes the journey all worthwhile. As Nano evolves, so are the wallets that you can store them into.

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Filed Under: Crypto 101, Nano (NANO) News

Best Icon Wallets for 2019 and its Best Features

April 26, 2019 by TheCryptoToday Leave a Comment

The ICON is one of the decentralized platforms in the blockchain technology. With the use of it, every single blockchain allows you to communicate with the other, just like how modern devices are making communications a lot easier today.

As the digital community evolves continuously, it is good to know that ICON wallets are finally available in the market today. Apparently, you will have a tight pick as to which wallet to select since these wallets come in different forms and variants.

However, being a digital currency investor, selecting the best ICON wallet that suits your need is really necessary. To save your head from trouble, there are certain aspects that you must look into a wallet to consider that it is the best one.

With the ICON’s plan to be hyper-connected to the world, they have built different and massive decentralized networks that will allow different blockchains to interact with one another. To this end, a good wallet is also important to continue making transactions moving forward.

Factors to Consider in Choosing an ICON Wallet

These are some of the best factors to consider that will help you make an educated decision as to which ICON wallet to choose. Take a quick look with each factor and get the best wallet for your need.

  1. Security – When choosing for a wallet, security is indeed one of the best factors to consider. As you try to keep and store your digital assets in a wallet, keeping them secure at all times is important. Further, you also need to look for security features which have two-factor authentication. By all means, you can be sure that every transaction is kept private from theft and fraudulent transactions.
  2. Cost – It is also important to learn about the fees that a certain wallet will require. There are some kinds of wallets which require no charges while others may also have hidden charges. Hence, taking this into account is important to save your head from trouble by paying extra and hidden charges.
  3. Private Keys – There are certain wallets which store private keys offline and online. With that, you need to become familiar with the wallet you pick as these keys are also important in keeping your transaction safe and private. Software and hardware wallets may vary from this aspect accordingly.
  4. Supported Coins – If you are an investor who needs to have a wallet that supports a variety of coins, then makes sure to take into account this kind of wallet feature. Some wallets may support to more than 500 coins while other kinds support only a limited number of cryptocurrencies.
  5. Device Compatibility – On top of all other factors to look for in a wallet, the compatibility aspect is also more important. You need to consider whether or not it perfectly works for your mobile or desktop computers to ensure that transaction will continue pretty well. Some wallets may require a specific operating system; and hence, you have to choose the one that best works for your need.
  6. Ease of Use – Looking for the most convenient means of doing your transactions is another thing to look for when buying an ICON wallet. Some investors will look for an easy transaction and how fast one can send or receive payments all at once. Thus, make sure to consider this aspect as well when buying a wallet for your coins.

Best ICON Wallets of 2019 and Its Features

If you are looking for the best ICON wallet to store your coins with, look no further as here are the best reviews for wallets that will help you decide on which one to pick.

  1. ICONex (The Best Web Wallet for ICON) – The ICONex is the official wallet that was made for the ICON. Similar to other web wallets, this one is also a Chrome extension that can be easily installed and be accessed by a user.

When using this wallet, you will be provided by a Keystore or your wallet backup file which allows you to keep ICON tokens safely. Meanwhile, this also gives you a private key which gives you full control of your tokens. Having known for its best security measure, the ICONex allows you to set up a 6-digit PIN code that you just need to enter every time you use your wallet for transactions. One of the best points about this wallet offers is its user-friendly interface. This means that you only need to become familiar with fewer tabs and this already provides all the necessary features that you need.

  1. Trust (The Best Mobile Wallet for ICON) – While web wallets are making names in the market today, mobile wallets are also among the top picks when choosing for a wallet. Having officially launched in the market last year, the Trust mobile wallet is known to store tokens which are ERC20 and ERC223 compatible, as well as the ICON tokens.

This wallet is very easy to use as it also has a user-friendly interface. This app provides users the access to the token storage, settings, and a built-in dapp browser. Further, Trust can also store your private keys locally and will protect the safety of your transaction at all costs. This application has been tested by several security firms and they concluded that your digital assets are safe to be stored in this wallet.

  1. Ledger Nano S – It has been widely agreed that this wallet is one of the safest wallets to store your assets with. Your assets are entirely offline and won’t be accessible to any hackers since this device will only be connected into another device for it to work. Apart from its best security features, the Ledger Nano S is widely known for storing different kinds of crypto coins and that includes the ICX. Without a doubt, this device is much safer than any other wallet available in the market today.

Summary

With this list of updated ICON wallets, you need not go further in looking for the best ICON wallet for your tokens. Each wallet has its own features. The only thing that matters is to select the kind that suits your kind of need.

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Filed Under: Crypto 101, ICON (ICX) News Tagged With: icon wallet

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