Tuesday, March 28, 2017

CryptoForecast innovation brought to the blockchain


Cryptoforecast is an application based on an algorithm called PILLAR It developed for traders and developers, is able to forecast the future movement of BTC or other cryptourrencies.The task of Cryptoforecast is to offer tools that help expert trader and retail merchants that independently selling and buying bitcoin. This procedure without Cryptoforecast is always possible, but it becomes extremely tough and can often induce the Trader, because of character traits, feelings and fears, mistakes that an algorithm cannot have. This application is truly innovative. 

The Pillar software is tools that have been tested and proved able to give signals trend and interpreted to lead excellent result to predict the trend in market. The software is easy to use, but it has very powerful in same time the software is able to calculate certain period that each investor need. It can elaborate the any data and reports and analyze result in easy reading prediction. By clicking "History" then there will be option to choose years that use for calculate the forecast order. This is very helpful tools for those who use bitcoin project exchange. 

Cryptoforecast is better than other software's because it designs to consider emergency requirement of young audience that looking for new exchange and economy approach that user friendly, and then there are many tools in Cryptoforecast that created for fulfill this demand. 

On the other side no doubt It provide excellent information regarding pattern on the basis of past data but how can we forget other factors that impact on investors even it is not consider qualitative data it just work on quantitative data Further it is not considered natural disastrous etc. 

Conclusion

Although nobody can really forecast the future of the market, Cryptoforecast can give good precise indications about future movements giving a fundamental support for all the decisions that a trader has to take, doesn't matter how important are the operations he does. 

Buy Tokens

Tokens can be bought at ico.cryptoforecast.com
If you need more information checkout the CryptoForecast Announcement on bitcointalk.org 

Monday, March 27, 2017

Meet Lunyr - The Ethereum based encyclopedia



To begin with, Lunyr is a decentralized crowd sourced encyclopedia which has an Ethereum base and it rewards its users with tokens of apps that can be useful in contributing information and also peer reviewing. Lunyr is a next generation online encyclopedia which has an aim of being the starting point of the internet for finding accurate, reliable and useful information. Basically, Lunyr will just build upon the Wikipedia philosophy and then it will develop knowledge which will be next generation based on the block chain of Ethereum. 


In other terms, Lunyr can simply be a knowledge layer of Ethereum which is driven by economic incentives and consensus in order to create or develop next generation applications that are decentralized. The long term vision that Lunyr has is to create an API which is knowledge based of which the developers can use to develop the next generation applications which will be decentralized in Virtual Reality, Augmented Reality and also Artificial Intelligence. 

The decentralized applications through the Lunyr API will have the capability to grab accurate and precise data on events happening in the real world by tapping into the knowledge base. In life we require information which is something very crucial and currently the most valuable reference site for information is Wikipedia which is used by a lot of people in the world. A lot of articles on Wikipedia can be easily edited by somebody who has an internet connection and in the process one can easily manipulate the Wikipedia website and put false information although some of the errors can be rectified. 

Lunyr will create a next generation knowledge base which will be able to solve the issue of inaccurate information and will push the boundaries of crowd sourced knowledge by using Ethereum. Ethereum will enable the creation of application tokens which will be used in a system that is incentive based in order to replace the intermediaries and the tokens will play a vital role in the provision of incentives. Apart from that, all the content submissions will go through a compulsory peer review process and will not be subjected to the knowledge base until they are validated for accuracy, reliability and also efficiency. An incentive system that is powerful which is enabled by application tokens will ensure that the peer reviewers perform best according to the ecosystem interests. This will result to information which is highly reliable and also accurate and there will also be rewards for the contributors and reliable information which will be useful for creating next generation decentralized applications. 

Not to forget, the system of providing incentives for reviewing content and contribution by the users is a very nice method in having a hub that has decentralized information which is accurate and reliable and in the process facts that are irrelevant can be discarded with very bad reviews and only real and relevant content will go through by rewarding the good reviews and also good content. Lunyr will also have a site that contains paid advertising spots with the Lunyr tokens which will provide coin appreciation and also a natural buying pressure for actual use. 


The Lunyr tokens will basically be used to advertise on the platform and the advertisements will be based on texts. On the other hand, the Ads will create a powerful demand for Lunyr tokens from the people with financial resources. They will provide that economic force which in turn drives network effect as many readers and the contributors will be joining the ecosystem which is very crucial. Lunyr will also implement machine learning mechanisms in order to identify familiar topics for the contributors and by using the contributors as the reviewers, then they will be able to support the entire system because they will be responsible for reviewing content which is submitted by other contributors. 

Types of Lunyr tokens:

• Contribution tokens. (CBN)
These will be used as a basis for calculation in order to identify the quantity of Lunyr tokens that will be given to a participant and will be consumed after the Lunyr tokens have been distributed which will be after a two weeks period. 

• Honor tokens.(HNR)
These tokens will be used for voting and proposing on the native resolution system for disputes and it will be consumed after it's used.

• Lunyr tokens. (LUN)
These ones will be used to buy advertising posts on the Lunyr network and the contributors will be awarded Lunyr tokens in a period of two weeks. 

Therefore, in short the Lunyr platform will basically be designed to align the rational behavior of network participants in order to be beneficial to the entire system. Also, the implementation degree will be in relation to the quantity of the ICO funds and in the case of a minimal amount of crowd funding, Lunyr will come up with basic functions and additional features will be developed in cases like that of maximal cap. 

Technical review Matchpool



Many people are interested in looking for people who match their interests. Matchpool is there to help out such people fulfill their interests by meeting individuals who make a match with them. Matchpool is a site that offers a platform for human connections. The matchmaking protocol it uses is decentralized and uses dynamics of a group to help those who participate in it, match with one another. It can be used for various cases like dating, education, leisure, lifestyle, businesses, membership clubs, recruitment or for health purposes. If anybody is interested in any of these areas and does not find an existing pool that interests him/her, they can create a pool of their own which can be joined by other participants interested in it, hence making a match. 

A lot of dating applications have been developed, but only few have survived. They get few or no people have downloaded and are using the app. Since they do not have a matchlock, the number of male might be high by far compared to that of female, who have joined the dating application. This discourages the users since they don't have a wide selection of female to choose from. Matchpool has a matchlock that prevents the number of big difference between the number of female and male users; the pool owner has the power to put the matchlock in his/her pool if necessary. 

In this matchpool, there are rewards that are available. Any person is allowed to open and manage their own pool, and the person now becomes a pool owner. He/she can set his/her own rules and terms for the pool; they will then be rewarded once they create any matches inside the pool. 

Matchpool, is the first mainstream matchmaking platform which is powered by a token (guppy) economy of cryptographic. Guppies can be bought or even sold with real money. The trusted algorithm of Matchpool automatically rewards users across the platform. 

Matchpool Crowdsale

Matchpool users will divide into two catagories – Joiners & Hosts.
Joiners who wishes to enter a pool of their choice, will have to pay the pool's requisite entry fee, which will be defined at the creation of that Pool by the Pool's Host. In addition to this one-time registration fee, a monthly membership fee will be paid to the Pool. All payments will be held in an Ether based smart contract and will be processed using Matchpool's network own token Guppies (GUP). While in the Pool, nature will take its course and all members would be able to interact publicly on private channels in a way resembling Slack's interface. On the other side, users can also play the role of Hosts and Matchmakers. 

The host will be the one who opens a custom Pool and gets dividends from its revenues. Matchmakers or Helpers as they are defined in the system can propose matches between two other joiners who they believe would be good partners. Those two joiners are then notified and in case they both accept, the event is added to their public notebook, and the Matchmaker get rewarded. 

Matchpool - The future of dating

Both the Host of the pool and its matchmakers are entitled for shares of the Pools subscription and monthly fees, paid with GUP. Matchpool first 200,000 Users will get rewarded with GUPs upon registration enabling them to make their first steps in the platform. 

Dapplets

Dapplets are another way Matchpool users can get rewarded. These are basically add-ons created by developers who want add to the Matchpool protocol. In practice, Dapplets work similar to Slack plugins but can enhance the experience in a number of ways. One example would be a Dapplet, which implements "Tinder" functionality: users can swipe through other users. If one of their apps creates a match of some kind for example: if a "Blind Date" game creates a real match, then the Dapplet developers are rewarded similarly to Matchmakers. 

Issuance & Distribution


Matchpool - The future of dating


Matchpool - The future of dating

Sunday, March 26, 2017

How do bitcoin Pumps and Dumps work


First of all pumps and dumps are illegal in the market hence you as a Bitcoin user should not expect deferral agencies to protect you. This brief overview looks into how Bitcoin pumps and dumps work and how you can make money of it but remember that is very risky.

Patterns


Bitcoin pump and dumps work in a very simple yet straightforward manner. Pump and Dump schemes comprise of two groups of people. The first group is players who play by artificially increasing the price of the Bitcoin by endorsing or promoting it. This category of individuals spends their time finding cheap coins to purchase then wait for when they are ready for dumping and build a buzz about the coins. The process of finding and buying cheap coins can take as quick as minutes or as long as hours or even days.

The people selling buzz creating momentum for the coins leading to an increase in trading volume as the value of the coins gradually increase. One interesting aspect of the process is that you are both the pump as well as the dumper. When the coins hit the price, you desire you can sell your coins. Some people tend to panic sell and end up dumping their coins for purchase returning the price of the coins to average. The most important step is to distinguish a coin that is being primed for a dump from one that is being primed for a pump. The pump and bump process creates buying patterns whereby as the price goes up and down each time a player buys thereby loading up on the cheap coins.

When players purchase coins, they tend to engage in the forums and chat boxes to share with others the coin of their choice. These players will regularly use multiple accounts and other players usually help them in making it look more real. This leads to the coin being talked up creating a buzz causing people to get interested and purchase the coins- ultimately creating the pumping process. When people start to buy in huge numbers, the price goes up fueling the buzz even further.

When the coin hits the high point player begin to sell off their coins in portions leading to the creation of a dumping phase. Te dumping phase can take second or even hours. In the initial stages of the dumping process, players sell only a small amount of coins very fast without dragging the price down until they run out. When the coin is flat, panic sells arise causing the dumping process since the price is no longer increasing yet the volume is low hence sell orders are no longer getting filled. Typically, panic sellers sell below the standard market value leading to a fall in the value of the coins.

A wise player spots a coin that is in the process of being prepped for the pump and dump then purchases cheap coins to ensure they have a significant volume enabling them to make decent profits easy and straightforward. As long as the Bitcoin is in the early stages of being pumped you have the opportunity to make money even though your risk may be higher.

You can also pay particular people to tip you off on the next coin that is about to be pumped and dumped.

Taas: Token as a Service



TaaS: Token-as-a-Service refers to a token based, closed end fund that is specifically crafted to cut back on the risks and barriers to entry in the block chain. TaaS has a uniqueness in that it is specifically created to deal with the conventional limitations in the bloc chain market. Its focus is the reduction and elimination of technical barriers manifested in the current market. It is also simplified such that the users will be able to develop better and deeper understanding of the market. TaaS is more transparent than the existing solutions hence increasing the appeal to the users as well as the investors. 

TaaS will be operated as a closed-end fund, which will be used in the market making as well as trading operations. This aspect translates into simplicity and transparency. Transparency is also augmented by the presence of a cryptographic audit on the closed end fund such that the existing issues of underhand dealings will no longer have the chance of being operations. 

The closed-end fund will also operate with utmost respect to the contributors. Anonymity is a major concern for the players in the market. Rolling out of smart contracts will be a way of ensuring that all players in the industry have consistency and anonymity when it comes to the sharing of profits. Development of Kepler platform will result in the integration will culminate in the intelligent, transparent and open system for portfolio management. 

Cryptographic audit is ideal and unique compared to the industry standard. Operationalization of the cryptographic audit does not call for any human intervention. Consequently, there is no possibility of tampering to create the unqualified audit reports. The new audit technology enables one to view the balance and verify. The view only option ensures that no changes can be made on the balance. It also has the option of recording snapshots of the block chain. The regular records can be used to create the trend analysis related to the tradable account hence facilitating transparency and openness. 

Kepler

Taas describes one of their main features Kepler as
"Our mission is to deliver long-lasting innovations to blockchain community, hence additionally to running a fund we are building Kepler, a first Bloomberg-like cryptocurrency portfolio management and analytics platform covering the entire spectrum of investment process, starting from market research, due diligence and order management all the way to risk exposure and performance forecasting. Development expenses will be covered entirely by TaaS profits. Kepler MVP is already in the making, with private beta release scheduled for Q3 2017." 

That's one of the main intriguing innovation the project has to offer. With Kepler blockchain and blockchain innovation will come a lot closer to day to day practises. Something business will likely want to embrace. 

TaaS is also better than the existing options in that it is owned and run by the investors as well as the contributors. In any event, of a profit, there is nothing that is held back as a reserve or for the operational purposes. The self-running and self-auditing options in the TaaS option eliminate the need to set aside a certain percentage of the earnings to cater for audit, and operations. Therefore, every profit will trickle down to the deserved parties at all times. 

More information on http://www.taas.fund

CryptoForecast - Risk less, Gain more



Bitcoin, the famous cryptocurrency or the currency of Internet has taken the world by storm and is soon turning into a real currency! Trading in bitcoin has its own advantages and disadvantages. But there lies a risk of "holding". There are no question marks as far as the safety issue is concerned but one needs to foresee the future scenarios and deploy accurate strategies while trading in bitcoin! 


About trading tools in the market

Biggest stigma that haunt people trading in bitcoin is its volatility. There are various tools and software products available in the market now-a-days to trade bitcoins in the market after analyzing it thoroughly. 

What is Cryptoforecast?

Cryptoforecast is one of the most popular tools that will help both amateurs and professional traders in coding their strategies with proper logic and understanding. It is basically an application which is based on an algorithm known as "The Pillar". The algorithm can help you with extremely accurate indications about Bitcoin's future movements. 

How is CryptoForecast different?

• Cryptoforecast is different from other tools in the market because it takes into consideration the various factors deciding the market movements. These factors are moving averages, oscillators, resistance and supports. 

• The Pillar algorithm is evolving on a daily basis by adapting to the investor's characteristics, new movements, new markets, time frames and new strategies. It has also become the foundation of the prediction based decisions by anticipating and forecasting the market accurately. 

• The application has a very easy to use interface and you just need to choose the selected frame i.e. H1, H4, 1D, 1W and the time period you want for the algorithm to give you a detailed vision. The good thing is that it also takes into account the past movements in its prediction. 

• There is also a concept of initial coin offering or ICO. Any interested investor can be there in ICO for 34 days. The best part of the ICO project is that the allocated bonus will be released within the ICO term period. Bonus division for the investors will take place based on the date of joining the ICO funds project. 

- Bonus will be there if the investor contributes on the first day itself and will have a multiplier of 1,5.
- From second day, the multiplier will reduce to 1,2.
- From that point, the multiplier is going to decrease by 0.0074 each day.
- From 30th to 34th day, there won't be any multiplier.

Interested investors can get more details on the official website. So anybody looking for a reliable tool to build their trading strategies can have a look at this wonderful application! And what better than a tool which can accurately predict Bitcoin movements! 

Resources:

Announcement
Website

Thursday, March 23, 2017

LUNYR - The Encyclopedia of the Future


If you need any kind of reliable information, without spending a cent the best option is certainly Lunyr
Lunyr Project, also pronounced "Lunar Project" is an innovative "decentralized crowdsourced encyclopedia". The aim of the project is to build a reliable and decentralized encyclopedia with information reviewed by experts through peer to peer technology. It will not only be used by people around the world, but also by developers, in fact there will be an API that can be utilized as the foundation for new applications. 

Why choose Lunyr?

The information will be provided by users, who get rewarded with "Lunyr Tokens" or LUN, that can be used to put advertisements on the platform.The quality and reliability of the information is guaranteed by the innovative peer reviews system and to ensure that every submitted information is reviewed by qualified users they use machine leaning to mach reviewers with topics with which they will likely be familiar. The review system is very strictly, so every fake, malicious or inappropriate content will be instantly rejected. 

Who can use it?

The contributed content are of public knowledge and can be accessed, redistributed, and edited by anyone for free. Anyone can create or edit an article, if it will pass the review the user can claim HNR and LUN tokens from smart contracts. He can use HNR to resolve quality issues or disputes and LUN to put advertisements.The future of the project.The long-term vision of the project is to develop a knowledge base API that developers can use to create new applications in virtual reality, augmented reality, artificial intelligence, and more. 

The Lunyr Project


How can you contribute?

They are launching a crowdsale on March 29 at 16:00 UTC, it will be capped at 550,000 Ether. During the crowdsale it will be possible to buy LUN simply sending Ether to the token contract. More information can be found on the crowdsale page. 

More information on the LUNYR project can be found on Lunyr.com

Matchpool - The future of dating



Matchpool is a decentralized matchmaking protocol which utilizes group diversifications to assist participants match with each other. It is also used as a generic platform for any membership in the society which defines two sides of the market or exchange of goods and services. Pooling refers to bringing people or ideas together to achieve common goals and objectives. Matchpool refers to bringing people with connections in one platform. Individuals need to subscribe for updates concerning matchpool news, team updates, investments, offers and developments in place.  
 

Matchpool technical aspects 

There are many dating sites that attemp to asist singles meet their other signifacant. Human relations on existing dating cites are not natural. Every interaction in the glob is based on trust. Matchpool deals with the initial lack of trust among individuals today. Its solves the difficluties where people could not open a niche dating site that targets the community. In addition it enables people to connect with minimum time possible. Through the trust of Matchpool, two strangers trust each other through trusting the matchmaker, which in means that the matchmaker monetize his matches without any difficulties. Moreover Matchpool is used for recruitment pools and have the same effectiveness.  

Matchpool review 

Consumers or end users in the platform can find linksto the application by joining the pools the best solve their needs. Cryptographic token, in the economy, will build the first platform for mainstream matching. Tokens will be purchased using money at various centers and also through online. Users across all platforms are rewarded automatically for their trust and commitment.  

Individuals can own their pool where manage and become a community. The owner sets their terms and rules considering that they are themselves, managers. Matchpooling can be spread to various sectors including health, education, recruitment, lifestyle, business, clubs, and dating. Online dating applications utilize models that do not satisfy the users. Dating applications focus on keeping the user on the platform to maximize revenues other than cater for their customers. 

Matchpool Crowdsale

Matchpool users will divide into two catagories – Joiners & Hosts.
Joiners who wishes to enter a pool of their choice, will have to pay the pool's requisite entry fee, which will be defined at the creation of that Pool by the Pool's Host. In addition to this one-time registration fee, a monthly membership fee will be paid to the Pool. All payments will be held in an Ether based smart contract and will be processed using Matchpool's network own token Guppies (GUP). While in the Pool, nature will take its course and all members would be able to interact publicly on private channels in a way resembling Slack's interface. On the other side, users can also play the role of Hosts and Matchmakers. 

The host will be the one who opens a custom Pool and gets dividends from its revenues. Matchmakers or Helpers as they are defined in the system can propose matches between two other joiners who they believe would be good partners. Those two joiners are then notified and in case they both accept, the event is added to their public notebook, and the Matchmaker get rewarded. 

Matchpool - The future of dating

Both the Host of the pool and its matchmakers are entitled for shares of the Pools subscription and monthly fees, paid with GUP. Matchpool first 200,000 Users will get rewarded with GUPs upon registration enabling them to make their first steps in the platform. 

Dapplets

Dapplets are another way Matchpool users can get rewarded. These are basically add-ons created by developers who want add to the Matchpool protocol. In practice, Dapplets work similar to Slack plugins but can enhance the experience in a number of ways. One example would be a Dapplet, which implements "Tinder" functionality: users can swipe through other users. If one of their apps creates a match of some kind for example: if a "Blind Date" game creates a real match, then the Dapplet developers are rewarded similarly to Matchmakers. 

Issuance & Distribution


Matchpool - The future of dating


Matchpool - The future of dating 

Wednesday, March 22, 2017

Matchpool Making Human Connections


Match pool is a decentralized matchmaking and dating protocol, which makes use of group dynamics in an effort to assist as many users as possible to find a partner. 

This platform consists of user-generated groups of people. These groups can be seen as a cross in between Meetup groups and Slack channels, invite-only groups whose ownership and management is done by users acting as matchmakers. When joining the platform, there will be rules that the user has to follow.

The Matchlock feature maintains an equal ratio between Y and X so that each and every pool in the site remains attractive. If a specific number of X users gets into the pool, then this feature will halt more X from getting into the pool until an equal number of Y's enter. 

The Matchpool app will have an interface at the front end that will allow users to look for favorable pools in different places that have interests that vary. As they start, users will be shown a list of pools in their place, which is consistent with their specific interests and demographics. 

There will be two categories of users in Matchpool. These will be hosts and joiners. Joiners who would like to get into a pool of their interest will have to pay a fee that should be defined at the creation of the pool by the pool's host. Additionally, a monthly membership fee is payable to the pool. Every payment made will be contained in a smart contract that is Ether-based. These payments will then be processed by network own Guppies belonging to Matchpool. Inside the pool, members will socialize publicly via private channels.

Users can also play the part of a matchmaker or a host. The host opens a custom pool and gets dividends from its fees. Helpers or matchmakers are able to propose a match between two joiners that they see as viable partners. The joiners get informed of this and in the event that they accept, the occasion is added to their public notebook, and the helper gets a reward. The matchmakers and host have an entitlement to the ownership of the subscriptions of the pool and monthly subscriptions paid with GUP. 

The first 200,000 users of Matchpool will get GUPs as a reward when they register. 

Dapplets is another form of reward. Dapplets implement "Tinder" function where swiping of users through other users is allowed. For instance, if a game of blind date brings about an actual match, then developers of the Dapplet are rewarded like Matchmakers. 

The platform will create a way for users to make money while having fun and finding love. Don't miss this great chance to become part of something great. 

Resources

Bitcointalk.org Annoucement 
Website 
Blog 
Twitter 

Qtum Raises Over $15 Million in Five Days During Innovative Token Crowdsale


SINGAPORE -- March 21, 2017 -- The Qtum (pronounced "Quantum") Foundation (www.qtum.org) raised over $15 million in a record five days, listing the project among the all-time top 10 blockchain-token crowdsale campaigns. Qtum started the first day off fast, selling $10 million of its tokens in a mere 90 minutes. By comparison, Ethereum (now the #2 market cap in cryptocurrency with a valuation of $3.6 billion) took 42 days to raise $18 million.

The crowdsale, scheduled to last 30 days or until all tokens were sold, ended with the project raising over 11,000 bitcoins and 75,000 ether (ETH) in exchange for the 51 million Qtum tokens being distributed to the public. Instead of sending tokens to a single crowdsale address, Qtum enlisted six cryptocurrency exchanges/crowdfunding portals to conduct the sale in a coordinated fashion. The sites participating in the campaign were Bizhongchou (bizhongchou.com), Yunbi (yunbi.com), ICOAGE (icoage.com), Allcoin (allcoin.com), ICO365 (ico365.com), and BTC9 (btc9.com).

Qtum tokens (QTUM) are the cryptographic software tokens used to engage with distributed applications and smart contracts on the Qtum platform and will serve as the staking token for the Qtum blockchain, as well as fuel for computational operations performed by the Qtum network. Details on the Qtum concept can be found in the Foundation's white papers.

"We are confident that we can finish what we originally started a year ago. We hope our supporters can work with us to build the greatest blockchain platform for enterprise and consumer use cases. There are so many possibilities for the blockchain industry, with Qtum, we are just at the beginning of a long journey." – Patrick Dai, co-founder of the Qtum Project

The total QTUM token supply will be allocated in three primary ways. 51 percent of QTUM tokens (51 million) will be distributed through the now-completed crowdsale. Funds raised this way will finance the Qtum Foundation's operation for the next four years, including development, administration, marketing, and financial/legal consulting. Of the remaining 49 percent, 29 percent of QTUM tokens (29 million QTUM) will be allocated to community initiatives concerning business development, research, education, and market expansion. 20 percent of QTUM tokens (20 million) will be distributed among founders, early backers, and the development team. Further details are outlined in the Foundation's governance white paper. 

"Since we began this project, I have been excited about its premise. Now, this excitement has been validated and shared by thousands of backers. Qtum will bring about a new blockchain and smart contract revolution and will bring together the many disparate communities into one common goal of action." - Jordan Earls, co-founder of the Qtum Project

Qtum recently announced that one of the leading professional service providers, PwC, will support Qtum's efforts to help fuel blockchain adoption across global business sectors. Qtum has previously raised $1 million from investors including Chen Weixing (Founder of Kuaidi), Star Xu (CEO of OkCoin), Anthony Di Iorio (Founder of Ethereum & Jaxx Blockchain Interface), Jeremy Gardner (co-founder of Augur), Bo Shen (Fenbushi Capital's Managing Partner), Roger Ver (First Investor in Bitcoin Companies), and Xiaolai Li (blockchain angel investor).
 
For more information on the QTUM, please visit: https://qtum.org

About Qtum
Qtum is a hybrid blockchain application platform. Its core technology combines a fork of bitcoin core, an Account Abstraction Layer allowing for multiple virtual machines, including the Ethereum Virtual Machine (EVM), and a Proof-of-stake Consensus protocol, aimed at tackling industry use cases. The Qtum Foundation, headquartered in Singapore, is the decision-making body that drives the project's development. The Qtum Foundation has engaged one of the world's leading professional service providers, PwC, for project management support. Learn more at https://qtum.org
Company contact: john@qtum.org

Sunday, March 19, 2017

Qtum - Blockchain made ready for business



Qtum - Blockchain made ready for business


In this fast-paced world where technology is making great advancements with new applications popping up every now again, you are probably trying to understand the connection between Bitcoin, Blockchain and QTUM. Allow us to explain these terms and how they are connected. 

Blockchain has now gone from being just a technology for Bitcoin to something so much more, as many in the industry are coming up with different systems based on it. Blockchain became popular when Bitcoin was first introduced several years ago, to help consolidate different databases into one that can be shared by multiple users, allowing them to make revisions as well as access it simultaneously, regardless of where they are. Furthermore, these databases are completely open to the public, giving all users access to the information and records contained therein. This has made this technology of great value as most have never seen anything like it before. This feature of the network ensures that it is also impenetrable, as a hacker cannot find its' nucleus to hack into. In the same gist, developers have now come up with a new application called QTUM (knows as Quantum).  

QTUM, based out of Shanghai, China essentially works by using the best of technologies from both Bitcoin and Ethereum ( programming language), so as to combine the two to get a platform that can work by producing decentralized applications. It introduces an element of 'smart contract' through the Ethereum Virtual Machine (EVM} on the one hand, and 'master contract' on the other. The aim behind this is to reduce the reliance of business on humans, thereby also reducing human error and other complications that may arise while tracking business transactions using the Blockchain database. They hope to do this by enabling the programs to run independently without requiring any sort of guidance. Although it seems like it will be awhile before business owners actually start using this model, QTUM will soon be released in beta.  

The QTUM Project

The QTUM Team 
FLTR; JOHN SCIANNA, BRETT FINCARYK, NEIL MAHI, PATRICK DAI, YUNQI "CASPAL" OUYANG, JORDAN EARLS


As to how efficiently QTUM will work can be gauged by the continuous success of Bitcoin since it first made it's debut in 2008. There have only been minor complaints about the digital currency and its' usage. This fact alone should silence the critics about the feasibility of this Blockchain-incorporated technology. However, the critics would watch to see how successful the technology is, as EVM and Bitcoin are known to not be compatible with each other. The question is as to whether these issue will be resolved. The support that the technology has already received from gurus in the industry is testament to the fact that this is indeed a revolutionary concept. In its' completed form, QTUM will be available for use not only on laptops but will also be available on mobile devices. 


Jordon Earls, lead developer / co-founder of Qtum

Was kind enough to answer some questions for us


Q. What are the strength and weaknesses of the project? And where do you see threats for Qtum? 
A. One of our strengths is that we know who we are targeting to use our blockchain and we have the right backers to make the connections we need. 

Qtum is being built with compatibility with existing economies and ecosystems in mind. This primarily is focused on Ethereum and Bitcoin. However, we are building what we would consider to be the best of both worlds. Taking the simplicity of the account model for smart contracts, and the power of the UTXO model for the underlying blockchain. The UTXO model specifically has proven to be more scalable and more compatible with existing protocols. This includes the SPV protocol, which will be used to make decentralized and trustless light and mobile wallets and applications. We have extended this to also include smart contracts, so that for the first time it is possible to interact with smart contracts without using a centralized server or API. 

Because we are building this from some existing projects, we share some of their weaknesses as well, though we have implemented some things to reduce their impact. In Bitcoin, there has been debate over blocksize and various attacks by filling up blocks. We have alleviated this by making the block time faster, as well as allowing for slightly larger blocks. In Ethereum, there have been many attacks on certain opcodes which are cheaper than they should be. We have alleviated this by allowing for multiple gas "schedules" (gas price of each opcode) without any kind of forks. Although our aim is to build off of known secure and proven code, there is some new code as well that has not been proven (primarily the Account Abstraction Layer). We will be holding a bug bounty when we release the testnet to try to find and fix any bugs in this new code before we release the mainnet. 

We also see some threats from other community and consortium projects. But since this is largely an open-source community, we will all benefit from competition. We also seek to embrace other projects to bring the various disparate communities together into a common alliance. 


Q. You've raised 1M dollar with the help of Angel Investors. Now your seek 10000-15000 Bitcoins for future development. What are the consequences if this target is not reached? 
A. We will reserve any unsold coins to sell to institutional investors at a later date. The only real consequence is that we might have to take some time from focusing on the code to sell the remaining tokens to people who will use them in our network. Finally, we have plans for what happens if we do not raise as much as expected now and later, and it just means we might drop lower-priority optional projects for Qtum. However, we do not expect for this to be a concern at this point. 

Q. In what regard do you consider Qtum different from The Stratis project? 
A. I don't know enough about Stratis to comment on it.

Q. In which field will Qtum excel? I.e. onto which market next to the finance will the most marketing resources targeted to? 
How do you see companies active in that market implement Qtum to their products. A. Some of our largest backers see Qtum playing just as large a role in IoT as it will in finance. When you think of the identity management systems that are needed for people, similar tools will be needed for a secured IoT. We can see these potentially on permissioned side-chains of Qtum. 

This is an enormous market for blockchain technology, and it is crucially needed. Last year we saw the largest DDoS attack ever done with unsecured CCTV cameras, we think blockchain technology can help mitigate these attacks to a large extent if we could pinpoint what devices are acting maliciously. The SPV protocol is our big strength that enables this to be done on small and lightweight devices that are not capable of downloading and processing the complete blockchain. 

Qtum is also built with mobile dApps in mind, decentralized applications running on the blockchain, but being interacted with and controlling traditional Android and iOS mobile applications. We believe that with this we can enable businesses to bring dApps to the consumer and other use cases previously out of reach by smart contract platforms. 

Q. Many (new) crypto projects use Blackcoin's POS implementation. Do you consider The Blackcoin project a competition? 
A. Blackcoin's PoS 3.0 implemented a lot of new features and fixed many of the attack vectors in PoS 2.0 and 1.0. We owe them credit for creating the PoS 3.0 implementation that we have ported to Qtum. However, we do not feel that Blackcoin (which is mostly still Bitcoin from a smart contract point of view, complete with all of the limitations, such as not being Turing-complete) is suitable for all of the goals we have for a smart contract platform. We would like to emphasize that we embrace our competition, and hope to build a large community bringing many different projects together. 

Lunyr a decentralized, crowdsourced encyclopedia



If you are tired of dealing with Wikipedia, Lunyr can do the trick. This decentralized encyclopedia can become your best friend when you need to find reliable information fast. We will let you know here what this service is all about, and you will also find a lot of interesting things here. 

Decentralized Encyclopedia

Lunyr is just a decentralized, crowdsourced encyclopedia that will reward you with app tokens when you just review an article or contribute information. The intention of the creators of this website is making Lunyr become a leader in the service of giving reliable, accurate information to the world. Developers all over the world will be able to use Lunyr`s API so they can create the next generation of useful and decentralized apps in augmented reality, virtual reality, artificial intelligence, and more. Lunyr truly wants to be the most important knowledge base in the future. This service is also free for everyone out there. 

The Lunyr Project

Incentivized Contribution

Since your contribution will be rewarded, you will love Lunyr right away. Users will read information for free all the time, and you can also peer-review a lot of articles right away. Centralized authorities will handle oppression and censorship right away, so you will manage to resist this problem right away. There is no central administrator for this amazing community, so you will be able to resolve qualities issues and disputes easier. There is no downtime here because the service is available on the famous Ethereum blockchain at all times. 

Now that you know more about Lunyr and the things this service can do for you, you have more reasons to feel optimistic about the future of our planet. You will manage to get a lot of rewards with Lunyr right away, and this will allow you to get another source of good things in your life quickly and easily. With Lunyr being a token of the Ethereum blockchain you will need to buy Ethereum for sending tokens. However Ethereum has proven to be the most advanced blockchain to date. And the Lunyr team made a wise choice using the possibilities of Ethereum.

About

Lunyr is an Ethereum-based decentralized crowdsourced encyclopedia which rewards users with app tokens for peer-reviewing and contributing information. We aim to be the starting point of the internet for finding reliable, accurate information. Our long-term vision is to develop a knowledge base API that developers can use to create next generation decentralized applications in Arti 

Resources

Announcement
Website 
Whitepaper

Milestones

The Lunyr Project
Mor

Sunday, March 5, 2017

Edgeless Casino



Online gambling was valued more than $40 billion in 2016. However, when you engage in online betting you have two main problems: Transparency and Price. There are unfriendly users rules, all players have to wait for payouts and gamble with more than 5% house edge. What is maybe most important is that players don't know what is going on inside the servers and how everything function and work. So that means that it could be rigged. Users must rely on the casino because cooperation is the only way to keep the customers happy and satisfied. 2008 was a great year for online gambling because Bitcoin casinos solved the gambling price problem. 

They offered instant money transaction with anonymity and small house edge. Crypto currency gambling has grown by 37% from 2015 and it has become the main choice for many online gamblers. But still, it has not solved the problem of transparency. The edgeless casino is the solution for your problems because it is the first casino with 0% edge with full transparency and possibility to increase your market shares in order to become a sustainable business. Edgeless betting is a form of gambling that uses 0% of house edge equation as a playing principle. 

How to make a profit by using Edgeless Casino?

There are several different ways to make Edgeless Casino profitable business. First, it provides you with games that depend on a combination of luck and skill and most important, sports betting. 

The difference between Edgeless and traditional casino:
• 0% house edge — Games are based on skill and luck, if you play perfect, you can have 0% edge gambling service. However, if you make the mistake that could give you a disadvantage.
• Instant and free money withdrawals — If you transfer your tokens to provide an instant money deposit or withdrawal you don't have to wait anymore for two days, everything happens instantly.
• Full transparency — It is based on number generator in Ethereum Smart Contact that is completely public. Everyone can see everything that is happening inside the servers.
• No registrations/logins for casino users and 100% anonymity — Wallets are anonymous and there are no any registrations because edgeless casinos protect your anonymity
Edgeless

Phases of Edgeless Casino Project:

1. In the first phase, you can engage in decentralized price pool with more than 40% of casinos profits. You have a chance to win EDG tokens, and to relocate your investments into a bankroll in order to pay out wins for the first wave.
2. The second phase is important because funds must be allocated into a prevention Edgeless Casino's bankroll in order to pay out larger wins. If the bankroll is increased, then the wager is bigger, too.
3. In the third phase, we can expect a development of a new game that is based on luck and skill, similar to black Jack and the game with micro limit dice.
4. In fourth, it is important to engage in sports betting scale that could provide you additional funds that could compensate your investment in order to stay competitive.
5. The Grand Vision is a platform where you can easily develop your own casinos in order to make an impact on casino industry all around the world.

The Crowdsale begins on February 28th at 3 pm GMT and in the first week you can expect for 1 ETH 1100 EDG, in second 1050 EDG and in the thirds one for 1000 EDG. 
US citizens are not legally allowed to participate in Edgeless Project crowdsale 

Resources

Bitcointalk.org 
Website 
Whitepaper