Finance regulators in South Korea are reportedly looking to cooperate with authorities in China and Japan on new rules for cryptocurrency trading.
Archives for January 9, 2018
If you have GPU mining rigs using more recent Nvidia GPUs and are interested in mining NeoScrypt based crypto coins, then you might want to check out the new hsrminer for Neoscrypt. This is a new closed source miner being developed by palgin & alexkap that is currently available as a Windows-only binary with 1% developer fee built-in. Currently the hsminer software is under development with a version available for Neoscrypt as well as for HSR mining support with other crypto algorithms coming later on as well. The currently available hsrminer version for Neoscrypt does offer a good improvement in terms of performance as compared to the previously available fastest ccMiner releases, so definitely worth checking it out.
Before trying this miner software just make sure that your Nvidia GPU is with Compute Capability 5.0 supported as minimum (though currently only Pascal GPUs seem to work) as well that are using a driver version 388.3x or later. Also it is advised to make sure that the amount of virtual memory you have set under Windows is pretty high as the miner does require a lot of memory, especially for more powerful GPUs. If using Windows 10 you might want to be sure that you have all the latest updates installed including the Creators Update as otherwise you might have issues with the miner.
A new P2P cryptocurrency exchange service Streamity is set to launch the most powerful P2P cryptocurrency exchange platform in the Market. This service is based on the smart contract for secure exchange.
The platform is preparing for its ICO before it starts transforming the cryptocurrency exchange scene with a list and very dynamic and efficient cryptocurrency exchange and investment services run by industry class Algorithm.
A New Exchange Service Tailored to Handle the Dynamism of the Ever-Rising Cryptocurrency Market
Cryptocurrency is evolving to be the best form of money for the 21st Century civilization, fully rich with abilities to carry out transactions securely and anonymously from any part of the world, making it the future of money. Since 2009, different forms of cryptocurrencies have emerged into the market. Some being very useful to the general users, while others have a definite specific purpose. Those with the general usage have surged in prices to unprecedented levels and have been adopted on a bigger scale. But nevertheless, every cryptocurrency is useful in the community who has a consensus on it.
The need for a solution to best harmonize the differences between the thousands of cryptocurrencies have never been answered at least not to a half of what the market demands. A series of cryptocurrency exchange platforms already exists with others attempting to incorporate a variety of cryptocurrencies under one platform as well. But a lot of flaws and unnecessary malfunctions and user dissatisfaction are being reported by users of these exchange services. Anomalies ranging from server blackouts for very long hours, causing users to lose millions of dollars to a full takeover of customer deposits by malicious hackers have recently hit a series of existing cryptocurrency exchange service providers.
Streamity is a well-thought project with some of the most prominent brains on the international cryptocurrency scene carefully knitting its algorithm one patch at a time. Streamity aims to transform the cryptocurrency exchange ecosystem and redefined the already lost glory of lightning speed transaction at the lowest cost cryptocurrency once had. Streamity at the same time will take cryptocurrency investment to the next level by implementing a community choice token, the Streamity Tokens (STM) which will also be used for all transactions within the Streamity network. The STM tokens will be available for exchange to any of the major cryptocurrency. The platform will add the major Fiat Currencies traded worldwide.
Encapsulation, Speed, and Low-Cost Minded Design
One of the most important selling points of the Streamity project is the improvement of cryptocurrency transaction propagation speed. The project has devoted a great deal of resources to develop and test its solution to this problem. The Streamity team knows what cryptocurrency users want in terms of transaction speed and has gauged the market capacity to be below consumers demand. The project has designed a record-breaking smart contracts applet – the Streamdesk aggregator – that will ensure cryptocurrency exchange to Fiat without involving intermediaries. This way transaction can be trajected without incurring any unnecessary delays and costs at any third-party intermediary like other exchanges do, this has enabled Streamity achieved lightening speed transactions.
Streamity will cover all the cryptocurrencies listed in the market and live feeds of market data for all the listed cryptos and companies will be transmitted in real time. Converting any of the cryptocurrencies listed on the platform to another would be carried out instantly, efficiently and securely on the Streamity platform.
Streamity was built to resurrect the low fee transactions capabilities cryptocurrencies were once known for. Case in point on Localbitcoin transactions which currently cannot be confirmed even for transactions amounts as high as $33 making cryptocurrency lose its meaning of enabling the propagation of low to zero fees on small transactions.
Streamity Smart Contracts Secured Transactions Beat all Hacking Attempts
Streamity has designed hack-proof, smart contracts secured transaction lane where all the transaction streamings through the platform will flow. This has been made possible firstly by incorporating the Ethereum introduced smart contract service into the transaction processing algorithm. Since smart contracts alone do not ensure complete transaction security of the transaction stream fluxing through the system, as seen from recent mistakes that saw about $300 million locked away in Ethereum smart contracts by an anonymous user unknowingly.
The Streamity developers have added yet another brilliant security feature – the timing Control. The timing control algorithm shall allow the transaction to be added on to a smart contract within a specified period of time else canceled and reverted to the initial user. Coupled with a user verification system Streamity can achieve the next generation of transaction security on its upcoming platform.
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Several firms seeking to list exchange-traded funds (ETFs) tied to bitcoin have withdrawn their filings at the request of officials from the SEC.
The post TRON’s Whitepaper Appears to Plagiarize from Filecoin and IFPS appeared first on CCN
A whitepaper published by decentralized content distribution platform TRON appears to plagiarize at least two whitepapers written by Protocol Labs, the creator of both IPFS and Filecoin. TRON Accused of Plagiarizing Filecoin, IPFS Whitepapers The charge was brought to light on Sunday, when Protocol Labs founder Juan Benet tweeted out a picture alleging that at
The post TRON’s Whitepaper Appears to Plagiarize from Filecoin and IFPS appeared first on CCN
Kodak, the iconic photography company first established in in the 1880s, has joined the blockchain and ICO age. Today, January 9, 2018, it announced a new blockchain-based platform with WENN Digital to empower and protect image makers, photographers and artists.
The new platform, known as KodakOne, will enable users to register their work and license it with the platform. The image rights management platform will utilize the new KODAKCoin cryptocurrency to provide photographers with a new revenue stream and secure platform for protecting their work.
The smart contract associated with KODAKCoin will ensure that photographers receive payment immediately upon their work being licensed in addition to receiving a share of the overall platform revenue. The platform will also continually scan the web to monitor and protect the artist’s IP and assist them in dealing with illegal use of their work.
“For many in the tech industry, ‘blockchain’ and ‘cryptocurrency’ are hot buzzwords, but for photographers who’ve long struggled to assert control over their work and how it’s used, these buzzwords are the keys to solving what felt like an unsolvable problem,” said Kodak CEO Jeff Clarke in a statement. “Kodak has always sought to democratize photography and make licensing fair to artists. These technologies give the photography community an innovative and easy way to do just that.”
The KODAKOne platform and KODAKCoin cryptocurrency were developed for Kodak by WENN Digital. Their ICO will begin on January 31, 2018, and is open to accredited investors from the U.S., U.K., Canada and other select countries. This ICO is issued under SEC guidelines as a security token under Regulation 506 (c) as an exempt offering.
A long-standing proposal to bring “smarter” smart contracts to bitcoin’s main net has just taken one step closer to implementation.
Over the past decade, e-commerce sales have soared. Many people are claiming that e-commerce will be the end of retail stores.
However, recent figures have shown that the reality is actually very different from what we were expecting.
Will E-commerce Really Replace Retail?
There is no doubt that e-commerce has transformed the way we shop – especially with the recent rise of buy online, pick up in-store trend that was recently introduced by Amazon.
Of course, everyone has heard of the e-commerce giants like Amazon and eBay. But how many other e-commerce-only stores can you name off the top of your head? The likely answer is: not that many. Actually, all but one of the top 10 US retailers are physical stores.
In fact, despite the many stories of retail stores being forced to shut down and liquidate, there have actually been a number of cases when it’s gone the other way around. This can be seen as recently as this year when Walmart bought up several of its online competitors.
Why is Retail Still So Popular?
But shopping online is so much easier. It’s fast, it’s convenient, and we don’t even have to get off the sofa…right?
The truth is, despite what we tell ourselves, the world loves to shop. It satisfies some of our most primitive hunter-gatherer instincts and has cemented itself as one of our everyday habits.
Despite the rapid rise in technology over the past decade, there is still something inherently satisfying about walking into a store and picking up a physical product.
Often, we don’t just shop because we want to buy things. For many, it is a fun social experience, a way to relax and unwind, or simply an enjoyable way to pass time.
Combining E-commerce and Retail Shopping
Retail shopping is here to stay for the foreseeable future. However, mobile technology has undoubtedly changed our shopping habits irreversibly.
There has been a recent influx of retail apps over the past few years. The 7-Eleven app, for example, sends coupons to your phone that you can redeem in store.
It also has a member barcode that allows users to earn free drinks, a store locator, a feedback system, and a ‘7Rewards’ feature that gives users points for every dollar they spend in store to encourage users to download it.
The Starbucks app has also been a huge success. It allows users to pay and collect loyalty points without the hassle of an additional physical card.
The app was released back in Spring 2009. By October 2013, more than 11% of Starbucks’ sales volume came through its mobile wallet.
But what if there was a way to combine the convenience of e-commerce with the thrill of shopping in a retail store?
Shping is one new blockchain startup working on bringing ecommerce together with retail. It is designed to make retail shopping smarter – and it even directly rewards its users for their engagement in the process.
The way the platform works is simple. Users simply scan any product barcode using the app. From this, they can learn what is in it, where it is from, and whether or not it is certified. They will even have access to reviews from other users, which they can use to make a decision about whether or not to purchase the product.
Essentially, it provides the fun of retail shopping, while still allowing users to make a fully informed decision in the same way as they would when shopping online.
In return for scanning barcodes, uploading product photos, and writing their own reviews for products they have purchased, users can also earn Shping coins.
Large media giants like Facebook are currently making billions every year as a result of advertising to their 2 billion-strong user-base.
However, decentralized blockchain platforms will enable brands to channel their budgets to reward customers for their engagement, instead of funneling billions into faceless, third-party media companies.
Changing Advertising As We Know It
The process of combining e-commerce with retail could completely transform the advertising landscape as we have come to understand it.
Instead of companies having no other option than to shove advertisements in our face while we’re watching cat videos on YouTube or trying to chat to our friends on Facebook, they will be given the unique opportunity to connect to us right at the moment it is most appropriate – when we’re inside the store, ready to buy their product.
These unique features provided to us by the decentralization of advertising will undoubtedly allow brands to connect with their customers like never before.
Rewarding customers for loyalty will only strengthen the connection between brands and users.
Instead of feeling like a commodity being marketed to and spammed with advertisements for products they don’t want, users will become a valuable part of the process.
The whole landscape of shopping and advertising could be about to shift in front of our eyes.