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Hackers Focus On Inclusive Design At ETH New York

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May 20, 2019 4:07 PM

Along with holding talks aimed at introducing high school students to blockchain technology, hackers at ETH New York worked to develop dApps that tackle everything from issuing life insurance on the Ethereum blockchain to crypto wallets for the visually impaired.

Read the full article here.

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Maker (MKR) Standing Above $600.00 Withstanding Sellers

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Implemented on the second largest blockchain Ethereum (ETH) network while depended on the concept of smart contracts, Maker [native token MKR] is a case when the much criticized crypo-volatility is overcome to an extend being backed by Ether.

Despite that Tether is one of the most popular stablecoins, much doubt surrounds the coin. Lack of decentralization and transparency, emerged proof that it is backed by the dollar and the rumours that it was used to move Bitcoin’s BTC price for one’s [group] benefit could possibly make it unworthy of its fame.

On the other hand, with the use of its MKR token, the Maker balances its DAI [stablecoin planned along fractional reserve banking ideals] which is linked close to the aforementioned tokens. The dual token concept is based on the idea that MKR can not be mined but is created or the contrary as a reply to DAI price movement so it is floating approximately $1.00 against the US Dollar.

Against the US Dollar – MKR is standing strongly having one of the most positive second-month of 2019 performances out of the leading cryptocoins in the market. Going by market capitalization the 16th largest cryptocurrency – is in the green at 4.79% for the last 24-hours leading the BTC market for 4.11% making sure to position itself far upward the declining trend that has been taking place since Jan 2018.

MKR

Source: coinmarketcap

Just recently – MakerDAO decided to raise the stability fee from 0.5 to 1 with the target to decline and easier-flow fluctuations in DAI’s price peg of the US Dollar. Many appreciated and welcomed the plan set in motion as an advancement towards better economic assurances and stability by the team. Additionally, the automated ETH exchange protocol – Uniswap, took over Ethfinex exchange platform as in the first place by trading MKR against ETH.

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BitDeer.com Launches New Mining Plans for BCH, LTC and ETH

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SINGAPOREBitDeer.com, the leading computing power-sharing platform is now supporting mining for BCH, LTC, and ETH. Users now have a variety of mining options to select and can choose how to best utilize their rented computing power.

Bitcoin Cash, Litecoin and Ethereum sit in the very top of the coveted “Top 100 Cryptocurrencies by Market Capitalization” according to CoinMarketCap.com. These cryptocurrencies have remained relatively stable in the top charts making their adoptability as a store of value popular amongst the crypto community. BCH, LTC, and ETC all utilize proof-of-work mining algorithms for verification, allowing opportunities for computing power-sharing users.

In addition, after the Litecoin Foundation revealed intentions to implement a MimbleWimble variant of LTC which would provide the capability of private transactions utilizing the LTC network, LTC price has increased over 12% within 24 hours, signaling an uptrend and confidence from investors and miners. Sales of BitDeer.com’s LTC plans reached a shocking $300,000 within two hours of the new offering.

“Officially launched three months ago, BitDeer.com’s BTC computing power-sharing plans have gained immense popularity amongst global individual miners. Meanwhile, we have learned about the ever-strong demand for altcoins mining,” said Celine Lu, CEO of BitDeer.com. “To better serve our global users, BitDeer.com is sparing no efforts to bring more options, flexibility and higher profitability, allowing our users to choose among various mining pools, numerous models of miner hardware, and now even more coins other than Bitcoin.”

Flexible Service Endorsed by Top-Notch Partners

BitDeer.com has secured partnerships with four out of ten of the largest mining pools: BTC.com, AntPool, Dpool, and ViaBTC. Users can choose to be directly connected to one of the above pools, while switching between different durations (short, mid, long-term), miner hardware models (S9, S11/T11, S15/T15 plans), coins (BTC, BCH, LTC, ETH), and mining pools (BTC.com, AntPool, Dpool and ViaBTC).BitDeer.com is securing more key partnerships, including further collaboration with connected mining farms in the US.

MissBitDeer Exclusive BCH Special Offer

BitDeer.com is partnering with BCH community to bring exciting promotions, during which the platform will unveil a time-limited special offer on the T15/120-day duration/10T plan.

Users can follow MissBitDeer (https://twitter.com/MissBitDeer) to keep up with the latest updates from BitDeer.com and learn more about the BCH mining plans special offer.

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About BitDeer.com

BitDeer.com is the world’s leading computing power-sharing platform, enabling global users to mine cryptocurrencies in a transparent, reliable and convenient way. It saves users from the complicated process of purchasing, installing, and hosting mining machines. Individual miners can enjoy the service with just one click.

For more information, please visit https://www.BitDeer.com or connect on Facebook, Twitter, YouTube, and VK.

Media Contact

Stephen Ip, MagicFew

Email: [email protected]

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Ethereum’s Constantinople Hard Fork Goes Live Today. The Road to ETH 2.0 Begins

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The Ethereum community is expectant because finally, after a long and bumpy road, the Dev. team is ready to launch the long-awaited Constantinople Upgrade.

The hard fork is expected to be activated at approximately 19:30 UTC when Ethereum reaches block 7,280,000. At this point, two critical upgrades will be simultaneously activated: Constantinople and St. Petersburg.

Due to the features of these updates, the new block (7280001) will be incompatible with the “old version” of the blockchain. However, unlike what happened with the DAO issue or with the hard fork that gave rise to BCH, this update will be non-contentious, which means that virtually the entire community agrees on the new implementation so it should occur without any problem.

Constantinople… Finally

It is important to know that Constantinople was scheduled for release in early 2019, however, after some bugs were discovered in the protocol’s code, developers decided to postpone its release until they fixed the errors, guaranteeing users can test the best possible version of Ethereum.

Vitalik Buterin. Creator of Ethereum

Vitalik Buterin. Creator of Ethereum

Precisely to avoid these problems, the St. Petersburg upgrade will disable a part of Constantinople’s code that contained flaws in the security of Smart contracts. Beyond this, the rest of the changes implemented with St. Peterburg should not affect ordinary users.

The Constantinople protocol is an update that serves as preparation for a radical change in the structure of the Ethereum Blockchain. Ethereum 2.0 is seen as a PoS blockchain with second layer developments that will allow an very high number of TPS with low energy consumption (with a few optimizations in the code) and an economic model that stimulates savings by increasing the value of the circulating tokens.

The most significant change that Constantinople brings is the reduction of the block reward from three ETH per block to only two ETH. This reduction continues the vision started with a previous fork, Byzantium, which reduced the reward from 5 ETH to 3.

Similarly, it is expected to increase network efficiency (something that will mainly benefit DApps developers) as well as an optimization in the gas usage required for Smart contracts execution.
For those interested in a real-time follow-up of the fork, the Fork Monitor website will provide them with all the information they need to be up to date.

Expectations Have Not Affected ETH Trading

The Ethereum trading community is not over-hyped about this news. During this week, ETH has been relatively stable, facing strong resistance in the 140 USD zone, according to data from Coinpricewatch

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Tippin.me, a Panacea for Social Media Economic Models? Post 13,000 New Downloads After Jack Endorsement

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There is a new wave and Sergio Abril app, Tippin.me, is drawing huge benefits as the crypto tide rise. The web browser extension that is currently in beta and supported by Chrome and FireFox allows users to receive Lightning Network powered micro-payments—denominated in Satoshis—a billionth of a Bitcoin. At the same time, users can use Tippin.me to reward or “tip” quality Twitter posts. Demand for the application took a turn for the best days after Jack Dorsey the founder of Cash and Twitter endorsed the application.

13,000 New Downloads After Jack Endorsement

Upon installation, each tweet bears the lightning bolt symbol, an explicit show of support for the lighting network and more importantly, Bitcoin. All the same, users are ecstatic and whether this extension will be incorporated directly by Twitter remains unknown. However, what is clear is that Sergio has admitted that the application is gaining traction with 13,000 downloads in the last few weeks. What’s encouraging is that the developer is hard at work, fixing bugs and most importantly, setting up a practical business plan, a guide that once implemented will see Tippin.me become compliant with local laws.

Jack Dorsey participation is crucial and as an ardent supporter of Lightning Network—he is one of the first investors of Lightning Labs, where together with other luminaries sunk in $2.5 million towards the development of this scalable, high throughput, feeless and instantaneous settling solution. Besides Twitter, Jack is the brains behind Cash App which is developed solely by Square—a publicly traded company at the NASDAQ. As a tech visionary, a lot of expectations rests on his shoulders but still he has never been shy to endorse Bitcoin saying on more than one occasion that the currency is the future of the internet. In a conference, Jack said:

“The internet is going to have a native currency so let’s not wait for it to happen, let’s help it happen. I don’t know if it will be bitcoin but I hope it will be.”

Tippin.me Support is Across the Board


He’s not alone. Dan Rusnac, a blockchain consultant says, Tippin.me though in a proof of concept stage is “refreshingly simple” to use and there is no need of creating new social media networks with tailored economic models as the plugin can be installed and users receive rewards in a liquid and on-demand asset as Bitcoin. In a Medium Post he said:

“Not only the Twitter experience completely changes but it also open limitless future scenarios: an internet where, thanks to this extension/s, you can tip people on all socials (it can be for a tweet, for an article, for a video, for a comment, etc.), thus creating a new way to raise money by content creators without the need of a central agency and without the need of creating a new social platform and economic system from scratch!”

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Revolutionary margin trading platform Monfex is set to take crypto finance to the next level

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With tight margins and stagnant markets across most coins, there is a huge demand to trade leveraged cryptos. Monfex, is a new player on the scene that is making leveraged crypto trading and even investing accessible and simple for its users.

Introducing Monfex – the Simplified Alternative to Traditional Crypto Trading

The Monfex team is proud to present an innovative solution that aims to transform the way crypto community manages its portfolios.

The new platform offers excellent margin trading for 12 digital coins including BTC, ETH, and Ripple that can be used easily by both new and expert traders alike.

Accounts are funded via BTC, and a wide variety of instructional material is available to help newcomers get the most mileage out of their trades.

Changing the Way the Community Trades

Monfex’s mantra is financial simplicity and with the option to transact major coins vs.USD.

With tight spreads, low commissions and high leverage on 12 coins the platform offers the market what it has been looking for – simplicity, flexibility and power.

Similar to futures trading the Monfex platform allows traders to speculate on the price movements of digital coins with the power of up to 50X leverage but with the added bonus of divisible contracts. According to leading industry veteran and Managing Director of Monfex, Alex Nekritin:

‘Finance should be easy. Imagine a world where everything needed to manage money is available at the touch of a button’

You are also guaranteed to never lose more than your deposit – spreads are tight and commissions low at 0.75% and users can trade anywhere from 0.01 BTC with no maximum.

Leveraging Partnerships to Deliver Greater Liquidity

With excellent ties to the leading institutional crypto trading firms we are able to offer institutional quality liquidity and spreads:

‘There are new and exciting features on the way that are going to revolutionise crypto trading for everyone. Our goal is to simplify and improve the global financial system and we are starting with digital currency trading – its crypto trading the way it should be.’

Knowledge is Power – Social Trading is on Its Way

One of the most exciting features that Monfex is planning to add in 2019 is social trading.

This will allow even the newest crypto traders the opportunity to follow the trading strategies of the top players in the market – in short knowledge sharing at its best!

With secure deposits and a strong support team, the Monfex platform looks set to change the way the market operates – Join the revolution today!

About Monfex: Built and developed by a team of finance and tech experts, the Monfex platform offers leveraged trading with a wide range of digital currencies. The platform is fast becoming the leading trading platform in the industry today!

For more information please visit https://www.monfex.com

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