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@cryptonews94
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The token is used as a currency in Decentraland’s platform, which allows users to create, experience and monetize immersive 3D content. According to the company’s blog, the Exodus 1 blockchain smartphone from HTC will give access to the Decentraland ecosystem, while allowing storage of MANA in the Zion Vault, the offline secure element of the Exodus 1. This hardware element also allows direct storage of private keys, together with Decentraland identities, data and assets. Decentraland’s LAND, the ERC-721 virtual real estate that composes Genesis City, and MANA, their ERC-20 cryptocurrency, will both be supported by the Zion Vault. • [Follow: @cryptonews94 ] • #mana #htc #cryptonews94 #cryptonews #crypto #cryptocurrency #altcoins #altcoin #coin #coinmarketcap #bitcoin #btc #news #post #follow #cash #money https://www.instagram.com/p/BuZgxX4gVRk/?utm_source=ig_tumblr_share&igshid=i3svcrmd6o94
The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released the 10th update of its crypto project ranking on Tuesday. The center noted that this is the second update this year and 35 crypto projects were evaluated, with Tron being the only addition since the last evaluation. EOS still occupies the number one spot. Tron debuted at number two, dethroning Ethereum, which now ranks third. BTC ranks 13th this month, up from the 15th place the previous month. BCH ranks 27th, a slight improvement from the 28th position in the previous ranking. The center described newcomer Tron, launched in May last year, as a “low-level public chain with high throughput, high expansion and high reliability,” adding that it is “compatible with the Ethereum smart contract.” It further claims that Tron’s “chain transactions are more active,” noting that there are now over 200 Tron Dapps. The total evaluation index for Tron is 145.6 which is the second highest on the overall list, behind only EOS. 3 Sub-Rankings The CCID explained that this latest assessment still uses the three primary indicators: basic technology, applicability, and creativity. However, for the latest ranking, the weight of the creativity indicator of the total index has been increased. The crypto projects that have improved the most overall compared to the previous period are Nano, Verge and Qtum. • [Follow: @cryptonews94 ] • #coin #coinmarketcap #cryptonews94 #cryptonews #crypto #altcoins #altcoin #follow #news #post #cryptocurrency #bitcoin #btc #cash #money #eos #nano #verge #china #tron https://www.instagram.com/p/BuZgV4dAys-/?utm_source=ig_tumblr_share&igshid=1byg7epnisd93
South Korea-based ICONLOOP, the founder of cryptocurrency technology ICON and crypto token ICX, is out to join the mainstream market by going public on Kosdaq market next year as the first Korean origin to attempt both ICO (initial coin offering) and IPO. According to an investment banking industry source on Monday, ICONLOOP has recently selected Mirae Asset Daewoo Co. as its initial public offering (IPO) lead manager. It aims to debut on the tech-oriented Kosdaq as early as next year by capitalizing on the fast-track procedure that exempts companies with promising technologies from typical market formalities and guidelines in capital and income. If the company passes technology review, it can apply for a preliminary review for IPO with the Korea Exchange. A full due diligence and technology evaluation process for the company will kick off during the first half of this year, said a source familiar with the matter. • [Follow: @cryptonews94 ] • #cryptocurrency #crypto #cryptonews #cryptonews94 #coin #coinmarketcap #altcoins #altcoin #news #post #follow #cash #money #bitcoin #btc #korea #ico #iconloop https://www.instagram.com/p/BuZf2s8g3tz/?utm_source=ig_tumblr_share&igshid=zusknnbxx74f
It seems HODLing can only get you this far – especially if you opt to invest in cryptocurrencies at random. A year ago, I hopped on one of the many fleeting trends fueled by the blockchain bubble: cryptocurrency mystery boxes. Twelve months later though, my mystery box, which was initially worth $50, is now valued at less than $3 bucks – a staggering 90-percent drop in price. So how did we end up here? Let’s get into it. Cryptocurrency mystery boxes: the origin story The concept of cryptocurrency mystery boxes first cropped up at the height of the blockchain bubble in late 2017 and early 2018. The idea was to give newbies an easy way of investing in cryptocurrencies without any of the hassles associated with virtual coins, like registering on exchange desks, setting up a wallet, and doing your own research. To avoid these (pretty essential) extra steps, users would pay a slight premium to receive a USB stick loaded with a random selection of cryptocurrencies. Customers could choose among different mystery box tiers, ranging from $50 to $500 (and sometimes even higher). And indeed, tons of mystery box vendors provided similar products. I got my mystery box from a company called CBlocks. In January 2018 when I first received my box, CBlocks’s offerings started at $100 (for a USB stick loaded with $50 worth of cryptocurrency) and went as high as $525 (for a USB stick loaded with $500 worth of coins). • [Follow: @cryptonews94 ] • #coin #coinmarketcap #mysterybox #altcoin #altcoins #bitcoin #btc #cryptocurrency #crypto #cryptonews94 #cash #money #follow #news #blockchain #blockchaintechnology #technology https://www.instagram.com/p/BtlfPxtArwk/?utm_source=ig_tumblr_share&igshid=lchpz1avljjm
Top #6 CRYPTO prices today! Nothing special to see here 🤔👌 • [Follow: @cryptonews94 • #coin #crypto #cryptocurrency #cryptonews94 #coinmarketcap #altcoins #altcoin #bitcoin #btc #eth #ethereum #xrp #ripple #eos #tether #bitcoincash #bch #cryptomarket #cash #money #follow #news https://www.instagram.com/p/BtlLiAEAqTU/?utm_source=ig_tumblr_share&igshid=1l1b8c0p0ub8z
Speaking at the recent Blockchain Connect Conference Held in San Francisco, Ethereum founder Vitalik Buterin was one of the keynote speakers. Buterin spoke about Ethereum 2.0 and answered questions from the audience. One of the questions asked to Buterin by the audience was "Is CBC Casper being designed with any transaction throughput goals in mind," before the question could be completed, Buterin cut the question short to explain that there are a lot of misconceptions surrounding transaction data Buterin explains that there are a "lot of bad crypto projects" that try and claim faster blockchains. Buterin explains that the purpose of a consensus algorithm is to keep a blockchain safe, not fast. Buterin dispels the idea that claiming to run thousands of transactions per second (TPS) is the main success for a blockchain, he states when a blockchain project claims "we can do 3500 TPS because we have a different algorithm, what we really mean is we are a centralized pile of trash that only works because we have seven nodes running the entire thing" • [Follow: @cryptonews94 ] • #blockchain #technology #coin #coinmarketcap #blockchaintechnology #bitcoin #btc #cryptocurrency #crypto #cryptonews94 #follow #cash #money #news #post #altcoins #altcoin #vitalik #buterin #eth #ethereum https://www.instagram.com/p/BtlKH5TAefq/?utm_source=ig_tumblr_share&igshid=1a24xv23cyf0g
This will change everything 👌👌 • [Follow: @cryptonews94 ] • #blockchain #blockchaintechnology #coin #coinmarketcap #cryptonews #crypto #cryptocurrency #altcoins #altcoin #bitcoin #btc #trillion #news #post #follow #cash #money https://www.instagram.com/p/BtZPT6YgbPo/?utm_source=ig_tumblr_share&igshid=ygu3p9xkcmya
Bitcoin was the first cryptocurrency successfully developed using blockchain technology. Over the last ten years, its global adoption has been hindered by a number of factors — scalability being a major concern. In order to avoid attacks on the network, Bitcoin was built with a maximum block size of one megabyte. This limited the total amount of transactions which a block could contain. Throughout the history of BTC, backlogs on the network have been common. Users have had to wait extended periods of time or pay high fees to confirm transactions on the network. Initially, hard forks of the Bitcoin Core software client were attempted followed by forks of the Bitcoin blockchain to increase the block size. This has not proven successful. Another attempt at increasing scalability, however, has emerged using SegWit and the Lightning Network. Doing this allows sidechain payment channels to be used to minimize the total number of transactions which take place on the main Bitcoin blockchain (mainnet). Furthermore, a number of uses for the network which might accelerate mass adoption and social integration have been proposed and developed. • [Follow: @cryptonews94 ] • #cryptocurrency #crypto #cryptonews #altcoins #altcoin #bitcoin #btc #coinmarketcap #coin #blockchain #blockchaintechnology #news #post #follow https://www.instagram.com/p/BtZO0WegAez/?utm_source=ig_tumblr_share&igshid=1idzfzzkx1l88
Grin, the recently released and much hyped privacy coin, more than doubled in price today, January 26, as traded against bitcoin. The new cryptocurrency had a trading volume of more than $9.2 million, with the majority of it being trading on the HotBit exchange. Today’s explosion was the culmination of a week of steady growth. As CryptoGlobe recently reported, Grin’s launch saw a - not unusual - initial collapse in price despite an impressive amount of mining power out of the gate. All told, Grin has seen well over 300% growth from last week’s bottoms. The new coin is one of two publically released implementations of the Mimblewimble protocol (the other being Beam), a method of constructing a blockchain that is inherently both extremely private and extremely efficient in terms of storage size. One very notable and unique feature of Mimblewimble blockchains is that they do not utilize public addresses - users possess a private key, and must conduct direct peer to peer transactions. These direct connections are accomplished using either downloaded text files or “listener ports.” The launch of Grin was attended by intense institutional interest in the coin, which offered no presale or initial offering of any kind. Therefore, the interest was directed to mining. Grin’s mining power was about one-third of Ethereum Classic’s ten days ago - and since then has grown by about 450%, according to Grinscan.net. Despite this intense institutional interest, some popular analysts in the cryptoasset industry and community have maintained that “Grin’s launch was one of the fairest launches ever, if not the fairest.” Responding to claims that such a highly feted launch could not remain fair, crypto notables Hasu and Arjun Balaji wrote: [O]ur previous explorations have shown that the more competitive a mining market is, the fairer the distribution will be perceived, as competition guarantees that coins are delivered to the market at the smallest possible margin. Hasu & Arjun Balaji • [Follow: @cryptonews94 ] • #blockchain #blockchaintechnology #technology #coin #coinmarketcap #crypto #cryptocurrency #cryptonews #altcoins #altcoin #follow #cash #money #bitcoin #btc https://www.instagram.com/p/BtIYpmwgI0O/?utm_source=ig_tumblr_share&igshid=e3xkmjftgb2
Google’s head of account security, Mark Risher said that he thinks cryptocurrency is like catnip for cybercriminals, and that due to the notorious price volatility of crypto, investors might become a 'very hot target' overnight. The Google executive who oversees email fraud, abuse and identity issues, spoke to Hard Fork, where he explained how Google is interpreting the rise of cryptocurrency-centric SIM-swapping, which has been a menace for cryptocurrency investors for close to a year. This new form of identity fraud attempts to trick telecom staff into rerouting a victim’s telephone number to a SIM card which is under the control of the attacker. Once the hackers have control of a phone number, it would be them who would receive the special codes, allowing instant access to sensitive information. The SIM swapping scams received a lot of attention ever since a victim sued cell phone provider AT&T for $224 million, alleging gross negligence that led to $24 million worth of cryptocurrency being stolen from his accounts. Google is one of many tech giants to present a solution. It released its Titan Keys last year, which is a device that cryptographically ties particular devices to accounts, effectively keeping anyone without a registered device at bay. Risher said that in the past Google would see attacks where they broke in someones account to send out Viagra ads to everyone in the address book. 'Today Viagra spammers are no longer a problem for Google, but cryptocurrency is like catnip for these attackers.' 'Things like the instantaneous nature of it, the very, very low transaction fees, the frictionless nature of money moving around, the pseudonymity. All are great for legitimate users, but they really work in the favor of people breaking into your account', he explained. Risher further pointed out that having a Titan Key physically present makes SMS a non-threat. • [Follow: @cryptonews94 ] • #follow #coin #coinmarketcap #crypto #cryptocurrency #cryptonews #bitcoin #btc #wallet #2fa #altcoins #altcoin #blockchain #blockchaintechnology #technology #cash #money https://www.instagram.com/p/BtHJZEAgvOx/?utm_source=ig_tumblr_share&igshid=1kg4sx70cllro