![]() | This is the second post of our Spreading Crypto series where we take a deep dive into what it’ll take to help this technology reach broader adoption. submitted by mickhagen to genesisblockhq [link] [comments] Mick exploring the state of apps in crypto Our previous post explored the history of protocols and how they only become widely adopted when a compelling application makes them more accessible and easier to use. Crypto will be no different. Blockchain technology today is mostly all low-level protocols. As with the numerous protocols that came before, these new, decentralized protocols need killer applications. So, how’s that going? Where is crypto’s killer application? What’s the state of application development within our industry? Today we’ll try to answer those questions. We’ll also take a close look at decentralized applications — as that’s where a lot of the developer energy and focus currently is. Let’s dive in. Popular Crypto ApplicationsThe most popular crypto applications today are exchanges like Coinbase and Binance — each with tens of millions of users. Other popular crypto exchanges include Kraken, Bitstamp, Gemini, and Bitfinex. In recent years, new derivatives platforms have emerged like FTX and Deribit.The most popular crypto applications today are primarily focused on trading, speculation, and finance. This class of applications dwarfs all other types of applications in terms of users and growth. That’s either a sign of strong product/market fit, or we just haven’t yet discovered other good use-cases. Or a mix of both. https://preview.redd.it/8rnxghfrdh551.png?width=1600&format=png&auto=webp&s=b3df8c3d87410f6b84432df79528ee4324daf04d Beyond the fact that the most popular crypto applications are all used for speculation, another common thread is that they are all centralized.A centralized application means that ultimate power and control rests with a centralized party (the company who built it). For example, if Coinbase or Binance wants to block you from withdrawing your funds for whatever reason (maybe for suspicious activity or fraud), they can do that. They have control of their servers so they have control of your funds. Most popular applications that we all use daily are centralized (Netflix, Facebook, Youtube, etc). That’s the standard for modern, world-class applications today. Decentralized ApplicationsEven though the most popular crypto applications are all centralized, most of the developer energy and focus in our industry is with decentralized applications (dApps) and non-custodial products.These are products where only the user can touch or move funds. Not even the company or developer who built the application can access or control or stop funds from being moved. Only the user has control. These applications allow users to truly become their own bank and have absolute control of their money.They also allow users to perform blockchain transactions and interact directly with decentralized protocols. Some of the most popular non-custodial products include Ledger, MetaMask, and MyCrypto (#ProudInvestor). While the benefits of this type of application are obvious (user has full control of their funds), it comes with a lot of tradeoffs. We will cover that later in this post. https://preview.redd.it/rs6tj7vsdh551.png?width=1600&format=png&auto=webp&s=86fe5bca3a9466abab5e78c9873ce3b57609f2d2 Libertarianism + CryptoIf the most popular applications tend to be centralized (inside and out of crypto), why is so much of our community focused on building decentralized applications (dApps)? For the casual observer, that’s a reasonable, valid question.“Not your keys, not your coins.”This meme is endlessly repeated among longtime crypto hodlers. If you’re not in complete control of your crypto (i.e. using non-custodial wallets or dApps), then it’s not really your crypto. Engrained in the early culture of Bitcoin has always been a strong distrust for centralized authority and power — including the too-big-to-fail government-backed financial system. In the midst of the Financial Crisis, Satoshi Nakamoto included this headline in Bitcoin’s genesis block: “Chancellor on brink of second bailout for banks.” There has always been a close connection between libertarianism & cryptocurrency. So it’s no surprise that much of the crypto developer community is spending their time building applications that are non-custodial or decentralized. It’s part of the DNA, the soul, the essence of our community. https://preview.redd.it/fy33zhkvdh551.png?width=1600&format=png&auto=webp&s=386c741f13e9119ecfcfffe1c781d09ce58704ed Personal ExperienceWhen I was at Mainframe, we built Mainframe OS — a platform that developers use to build and launch decentralized applications (dApps). I’m deeply familiar with what’s possible and what’s not in the world of dApps. I have the battle scars and gray hair to prove it. We’ve hosted panels around the various challenges. We’ve even produced videos poking fun at how complicated it is for end-users to interact with.After having spent three years in the trenches of this non-custodial world, I no longer believe that decentralized applications are capable of bringing crypto to the masses.While I totally understand and appreciate the ethos of self-sovereignty, independence, and liberty… I think it’s a terrible mistake that as a community we are spending most of our time in this area of application development. Decentralized applications will not take crypto to the masses. Mainframe OS Overwhelming FrictionThe user friction that comes with decentralized applications is just too overwhelming. Let’s go through a few of the bigger points:
What Our Industry Has WrongDecentralized applications will always have a place in the market — especially among the most hardcore crypto people and parts of the world where these tools are essential. I’m personally an active user of many non-custodial products. I’m a blockchain early-adopter, I like to hold my own money, and I’m very forgiving of suboptimal UX.However, I’m not afraid to say the poop stinks. Decentralized applications simply cannot produce the type of product experience that mainstream consumers expect.If the goal is growth and adoption, as a community I believe we’re barking up the wrong tree. We are trying to make fetch happen. It isn’t gonna happen. Our Netscape Moment is unlikely to arrive as long as we’re focused on decentralized applications. \"Mean Girls\" movie There’s a reason why the most popular consumer applications are centralized (Spotify, Amazon, Instagram, etc). There’s a reason why the most popular crypto applications are centralized (Coinbase, Binance, etc). The frameworks, tooling, infrastructure, and services to support these modern, centralized applications are mature and well-established. It’s easier to build apps that are fast & performant. It’s easier to launch apps that are convenient and on all form-factors (especially mobile). It’s easier to distribute and promote via all the major app store channels (iOS/Android). It’s easier to patch, update, and upgrade. It’s easier to experiment and iterate. It’s easier to design, build, and launch a world-class application when it is centralized! It is why we’ve chosen this path for Genesis Block.--- Other Ways to Consume This Content:
Have you already downloaded the app? We're Genesis Block, a new digital bank that's powered by crypto & decentralized protocols. The app is live in the App Store (iOS & Android). Get the link to download at https://genesisblock.com/download |
![]() | submitted by yenilmez86 to Bitcoin [link] [comments] https://preview.redd.it/w9ztf3nlraf31.png?width=512&format=png&auto=webp&s=4884c7fc9446bf2d53a448dab43aa7990bcdde7b Bitcoin continues to amaze the world and offers us a cash option, as opposed to the state-dominated money we use as a daily standard. Advocates argue that advanced currency standards are simpler, more secure, and offer preferential protection over traditional currency standards. In the last few years speculation has emerged as an open gate for some people's radars, as a Bitcoin forecast in contrast to the USD and forecasts of different monetary forms have increased. Before putting a dollar in Bitcoin or other digital money, it is imperative to understand the dangers. Bitcoin can cause a double increase in incentives over the next few years, but it can only be left to focus on value. Just put what you lose, because there's an opportunity you can't get back. If you understand the dangers and are ready to move forward, any of these best Bitcoin wallets should keep you safe. Hardware Wallets - Ledger & TrezorBitcoin hardware wallets are a carefully designed electronic device that aims to store the secret keys of your coins in a disconnected environment. With these wallets, special keys and advanced signs are required to spend Bitcoin. As with any wallet, you should save the word seed on a piece of paper and store it in a protected place. Distribute favorites by making several copies. Moreover, as the switches are disconnected, there is no possibility of being attacked. During the season of this composition, there was no theft or loss of Bitcoin from the hardware wallet. Some hardware wallets have security network cards, while others have a small advanced display with a user interface to control swaps. Even if your hardware wallet is damaged, you can effectively re-install your Bitcoin device with the word recovery. Bitcoin hardware wallets were developed after Bitcoin was designed. Currently, different digital forms of money in these wallets ETH, LTC, and so on. If you need to store Bitcoin and other encryption money securely over an extended period, you will need to set up a hardware wallet at this point. Because most of these hardware wallets have a waiting period of one or two months due to enormous interest, you should arrange one at the first opportunity.Atomic WalletThe Atomic Wallet is a free wallet that supports more than 300 coins and assets. That is the primary encryption wallet with decentralized cross-chain exchanges available. Customers can trade Bitcoin, Litecoin, and QTUM without any middle people. The Atomic Wallet group also aims to strengthen the Ethereum for exchanges. Besides, Atomic Wallet offers an alternative to buying XRP, BTC, LTC, and ETH with natural customary trade management and debit card for digital currency types. Each of these highlights is created in a clear and complete interface. You do not need to check or register your personality. Download, install and start using your Atomic Wallet for your working framework. Atomic Wallet works on frameworks that will be available within the workspace, and will also be accessible for macOS, Linux and Android, and iOS devices. The Atomic Wallet creates a memory aid seed for your wallet and encodes the private keys on your gadget. If you keep your cryptos in the Atomic Wallet, you must save it and keep it in a safe place, since the seed has been shown once and has not been emailed. Atomic Wallet supports private key retrieval so you can easily move your assets from one to the other wallet. Atomic Wallet gives its interface to custom tokens, so everyone can contain custom tokens by bringing a cunning contact address. Atomic Wallet is an unusual digital currency initiative by all accounts. At one point, you can audit more than 300, trade and buy some, try creative Atomic swaps, gain admission to special markers, and be interested in abundance. Each of these highlights is achieved without detention.Trust WalletTrust Wallet is the world's driving multi-resource computerized wallet which stores both Bitcoin and altcoins. It as of now bolsters more than 13 crypto coins and is a perfect decision for multi-digital money clients. With a functioning advancement group working at lightning speed, it's likewise entirely dependable. Altcoins, for example, Binance, Monero, Tether, Ripple, and a lot more are on their improvement guide. Trust Wallet gives a consistent, frictionless, and simple to utilize UI. It takes no email confirmations, no onboarding, and no usernames-passwords to begin utilizing Trust Wallet. It is an HD wallet which accompanies a seed reinforcement key element. The seed key encourages you in controlling and reestablishing your crypto resources on the off chance that your gadget is harmed or lost. You can send out your private keys, and import Bitcoin or altcoins from paper wallets.Mycelium WalletMycelium is an open-source, built-in Bitcoin wallet with a constantly evolving and working the designer network. That is a frictionless device for eliminating Bitcoin because it does not require email approvals, onboarding, and no username password to get started. Apart from the chance you're new to Bitcoin, Mycelium's user interface is difficult to use, but you'll love anything. You will check your Bitcoin private key and usually receive it when necessary. Mycelium is an HD wallet that offers a 12-word recovery password that you need to record. When you have no chance of damaging or losing your gadget, this supplemental seed switch will help you make up your Bitcoin.Electrum WalletElectrum is a famous, free stockpiling alternative in the Bitcoin people group, and is one of the most, if not the most, well-regarded of the work area stockpiling applications out there. Electrum gets high stamps for its convenience and UI, which is constantly decent, yet the genuine reason it's the best Bitcoin wallet for work area is its wellbeing and unwavering quality. As with any workspace wallet that deserves respect, customers have the opportunity to check their private keys thanks to Electrum. Your private key is a long string of letters and numbers, and you need to keep it private as it gives you access to your Bitcoin. Numerous online wallets and online trades don't give you extreme control of your private key, including an additional layer of hazard. You need to both trust the counterparty is a decent entertainer and expectation its servers don't get hacked, as that could bargain the administration or your data.Final ChoiceIf you do not plan to store your Bitcoin or altcoins for too long, you do not need the hardware wallets I mentioned in the first item. In this case, I think the best of the remaining four options is the Atomic Wallet. Because it has great community support rather than all the technological infrastructure and the number of coins/tokens it supports. Besides, you can get all the support you need about Atomic Wallet quickly and in detail through Telegram channels. As a result, aside from the hardware wallets, the best bitcoin and even the altcoin wallet on the market seems to be the Atomic Wallet in terms of all the features it has.Bitcointalk Username: yenilmez86 Telegram Username: @yenilmez86 |
![]() | A little about the main thingNowadays, blockchain technology and cryptocurrency are innovative and in demand. Many experts believe them the wave of the future. These innovations are capable of generating qualitative changes in the economy on a global scale, leading to the emergence of a second-generation economy.Of course, all the great discoveries and inventions are made due to the bright and brilliant minds of mankind. And the question arises, who created cryptocurrency? What personalities influenced the Cryptoworld and developed it to the level at which it is now? We think that any person who starts an acquaintance with the Cryptoworld has such questions. Well, if you are an advanced user, then you all the more need to understand this topic. Who knows, maybe someday your name will be included in the list of people who have made an integral contribution to the cryptocurrency world. So, here is the top of the most famous people in the Cryptoworld today. The ghost of the Cryptoworld — Satoshi NakamotoSatoshi Nakamoto is known to everyone. A large number of legends and secrets are associated with this person because of one reason – there is no picture, videotape or live interview with Satoshi Nakamoto. All that is known about this person is messages on forums and his emails. Until now, no one even knows whether it is one person or a group of people.https://preview.redd.it/5yi1rybij9d31.jpg?width=824&format=pjpg&auto=webp&s=166152afaef531f2c98f1af0fd806a961b854732 But why is Satoshi Nakamoto so famous? The most important thing is that thanks to Satoshi, in 2008, the first cryptocurrency appeared. It was Bitcoin. Until now, Bitcoin is the most demanded cryptocurrency in the world. Also, thanks to Satoshi Nakamoto the blockchain community began to develop further. Satoshi wrote about his brainchild in one of the messages that the benefits had brought by Bitcoin to the exchanges far exceeded the cost of electricity consumed for its extraction. Therefore, the lack of Bitcoins will be a net loss. A simple guy from RussiaVitalik Buterin is a usual Russian name of an unusual person. He is the creator of the Ethereum network and with it the new cryptocurrency. In 2014, his project got the World Technology Award, for which Mark Zuckerberg also fought. Now ETH is the second largest cryptocurrency by market capitalization which is almost $33 and shows good growth rates.https://preview.redd.it/xilgd9mkj9d31.jpg?width=1024&format=pjpg&auto=webp&s=ea6a1a51c71a4ff557c8eb5e5a349a6b0d253d05 Vitalik may as well be called one of the main experts on the blockchain. He believes that blockchain is a social revolution wrapped in something speculative that can make people rich. Unlike his colleague at number one, Vitalik Buterin has never been hidden from the public. He is a programmer, an innovator, one of the youngest in his field. He is only 25 years old now. Changpheng Zhao — crypto-king of ChinaChangpheng Zhao is a billionaire who earned his crypto billions faster than anyone – less than six months. Today, his fortune is estimated at between $ 1 billion and $ 2 billion.Changpheng is the founder of Binance – the most popular stock exchange that is based in China. Also Binance is a member of the top ten exchanges in terms of trading volumes. Before setting up his company, Zhao worked at OKCoin and at Bloomberg. https://preview.redd.it/idrkqy3nj9d31.jpg?width=1200&format=pjpg&auto=webp&s=34bca454382ab69df61ede8592d56f1cfacf9df7 Binance processes 1.4 million transactions from 6 million users per second, making it the world’s largest cryptoexchange. Members of the exchange use Binance to trade more than 120 different coins, thereby providing $200 million profit in the last three months. Brian Armstrong — driving force of СryptoworldThe head of the US cryptocurrency exchange Coinbase is one of the most influential and respected persons in the blockchain community and the crypto-business.https://preview.redd.it/erq7l0opj9d31.jpg?width=4000&format=pjpg&auto=webp&s=aa06566f11521713255a6f296c345e1106e47db6 In addition to the head’s chair, this man has other achievements. Having a bachelor’s degree in economics and a master’s degree in IT, he perfectly understands the essence of the modern market and is happy to share knowledge and forecasts. Brian regularly conducts lectures where he talks about prospects of the technology. Prior to that, he managed to work in IBM, Airbnb and other well-known projects, and even starred in the movie “The Rise of Bitcoin”. Olaf Carlson-Wee — from a woodman to a top managerOlaf Carlson-Wee had been fond of cryptocurrency, even when it was not so popular. He became the first employee at Coinbase. Olaf came to the job interview in his only jeans, which were smeared with wood resin (before that, he had tried himself as a woodcutter).https://preview.redd.it/mtsrgejsj9d31.jpg?width=1200&format=pjpg&auto=webp&s=ccfb7001db1a6c8652d261c51d1aa6b2022d8150 Then Carlson-Wee resigned to run one of the world’s first crypto funds in the flat he shared with seven neighbors. This man created the hedge fund Polychain Capital — the first of its kind, aimed at financing crypto projects that issue protocol tokens. Olaf Carlson-Wee called Bitcoin a “breakthrough” technology, which is perhaps more than the Internet. The main dream of Olaf is to create a completely decentralized analogue of the modern Internet. He also predicted that Ethereum would be able to overtake Bitcoin at a price. Will the forecast comes true, we will see soon. Of course, there are a lot of people who influenced the Cryptoworld, and it’s difficult to fit all ingenious minds in one article. But we can not leave you in ignorance, so to be continued. Feel free to follow our updates and news on Twitter, Facebook and BitcoinTalk. Read what the customers say about SimpleSwap on Trustpilot. Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]). |
Feel free to follow our updates and news on Twitter, Facebook and BitcoinTalk. Read what the customers say about SimpleSwap on Trustpilot. Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
![]() | A little about the main thingNowadays, blockchain technology and cryptocurrency are innovative and in demand. Many experts believe them the wave of the future. These innovations are capable of generating qualitative changes in the economy on a global scale, leading to the emergence of a second-generation economy.Of course, all the great discoveries and inventions are made due to the bright and brilliant minds of mankind. And the question arises, who created cryptocurrency? What personalities influenced the Cryptoworld and developed it to the level at which it is now? We think that any person who starts an acquaintance with the Cryptoworld has such questions. Well, if you are an advanced user, then you all the more need to understand this topic. Who knows, maybe someday your name will be included in the list of people who have made an integral contribution to the cryptocurrency world. So, here is the top of the most famous people in the Cryptoworld today. The ghost of the Cryptoworld — Satoshi NakamotoSatoshi Nakamoto is known to everyone. A large number of legends and secrets are associated with this person because of one reason – there is no picture, videotape or live interview with Satoshi Nakamoto. All that is known about this person is messages on forums and his emails. Until now, no one even knows whether it is one person or a group of people.https://preview.redd.it/zw7orx4bdnc31.jpg?width=824&format=pjpg&auto=webp&s=899973ed7a21626728e00f1f0890a76da2723a20 But why is Satoshi Nakamoto so famous? The most important thing is that thanks to Satoshi, in 2008, the first cryptocurrency appeared. It was Bitcoin. Until now, Bitcoin is the most demanded cryptocurrency in the world. Also, thanks to Satoshi Nakamoto the blockchain community began to develop further. Satoshi wrote about his brainchild in one of the messages that the benefits had brought by Bitcoin to the exchanges far exceeded the cost of electricity consumed for its extraction. Therefore, the lack of Bitcoins will be a net loss. A simple guy from RussiaVitalik Buterin is a usual Russian name of an unusual person. He is the creator of the Ethereum network and with it the new cryptocurrency. In 2014, his project got the World Technology Award, for which Mark Zuckerberg also fought. Now ETH is the second largest cryptocurrency by market capitalization which is almost $33 and shows good growth rates.https://preview.redd.it/ctqwnxhcdnc31.jpg?width=1024&format=pjpg&auto=webp&s=f7d982a140e7017ad72f27688e50c59b3d9b3909 Vitalik may as well be called one of the main experts on the blockchain. He believes that blockchain is a social revolution wrapped in something speculative that can make people rich. Unlike his colleague at number one, Vitalik Buterin has never been hidden from the public. He is a programmer, an innovator, one of the youngest in his field. He is only 25 years old now. Changpheng Zhao — crypto-king of ChinaChangpheng Zhao is a billionaire who earned his crypto billions faster than anyone – less than six months. Today, his fortune is estimated at between $ 1 billion and $ 2 billion.Changpheng is the founder of Binance – the most popular stock exchange that is based in China. Also Binance is a member of the top ten exchanges in terms of trading volumes. Before setting up his company, Zhao worked at OKCoin and at Bloomberg. https://preview.redd.it/foqo339ednc31.jpg?width=1200&format=pjpg&auto=webp&s=1ba49a8bdc1293e358d36464dccb6b47c75d945c Binance processes 1.4 million transactions from 6 million users per second, making it the world’s largest cryptoexchange. Members of the exchange use Binance to trade more than 120 different coins, thereby providing $200 million profit in the last three months. Brian Armstrong — driving force of СryptoworldThe head of the US cryptocurrency exchange Coinbase is one of the most influential and respected persons in the blockchain community and the crypto-business.https://preview.redd.it/c5286klfdnc31.jpg?width=4000&format=pjpg&auto=webp&s=ef7e7dff0f2bf6fb5b965d3cd9e5ad326ab225b5 In addition to the head’s chair, this man has other achievements. Having a bachelor’s degree in economics and a master’s degree in IT, he perfectly understands the essence of the modern market and is happy to share knowledge and forecasts. Brian regularly conducts lectures where he talks about prospects of the technology. Prior to that, he managed to work in IBM, Airbnb and other well-known projects, and even starred in the movie “The Rise of Bitcoin”. Olaf Carlson-Wee — from a woodman to a top managerOlaf Carlson-Wee had been fond of cryptocurrency, even when it was not so popular. He became the first employee at Coinbase. Olaf came to the job interview in his only jeans, which were smeared with wood resin (before that, he had tried himself as a woodcutter).https://preview.redd.it/7ijv3sqgdnc31.jpg?width=1200&format=pjpg&auto=webp&s=7d2828686131f4b00d369ef9c3918d7da2a589e5 Then Carlson-Wee resigned to run one of the world’s first crypto funds in the flat he shared with seven neighbours. This man created the hedge fund Polychain Capital — the first of its kind, aimed at financing crypto projects that issue protocol tokens. Olaf Carlson-Wee called Bitcoin a “breakthrough” technology, which is perhaps more than the Internet. The main dream of Olaf is to create a completely decentralized analogue of the modern Internet. He also predicted that Ethereum would be able to overtake Bitcoin at a price. Will the forecast comes true, we will see soon. Of course, there are a lot of people who influenced the Cryptoworld, and it’s difficult to fit all ingenious minds in one article. But we can not leave you in ignorance, so to be continued. Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk. |
Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk.
Read what the customers say about SimpleSwap on Trustpilot.
Don’t hesitate to contact us with any questions you may have via [email protected].
![]() | submitted by boytrianda to u/boytrianda [link] [comments] https://ternion.io/?utm_source=bitcointalk&utm_reddit=bounty Bridging the gap between traditional and decentralized finances Ternion is a licensed cryptocurrency exchange based in Estonia offering first class fiat-to-crypto and crypto-to-crypto exchange and payment processing solutions. Holding a cryptocurrency license that will provide a platform for institutions to interact with the Blockchain, Ternion OÜ will launch a fully functioning exchange platform during 2018. The Ternion ecosystem is made up of three pillars: Ternion Exchange, Ternion Payments and Ternion Liquidity Fund. Ternion blends the security of traditional financial platforms within the framework of a cryptocurrency exchange. Ternion offers contributors seamless transition between the old world of fiat currencies and the new world of Cryptocurrencies. As liquidity on the centralized exchange increases, Ternion Exchange will incorporate a decentralized exchange (DEX) platform. The Ternion Ecosystem provides a real solution for all legal financial institutions that are understandably nervous to utilize the growing cryptocurrency exchanges, by operating under a license [FVR000209]. This license will allow institutions to safely operate with cryptocurrencies. The Ternion Exchange provides a simple, secure and diverse offering with full customer support. The payment processor will enable Ternion’s customers and merchant partners to seamlessly integrate cryptocurrencies into their day-today lives. The total market capitalisation for the cryptocurrency sector suddenly increased by $600bn during the last months of 2017. While Bitcoin made up a significant portion of the growth, rising by over $200bn over the course of the year, a number of other alternative cryptocurrencies (Altcoins) followed the same trend. Overall trading volumes grew accordingly within the same period arriving at a peak of over $50Bn in 24 hours, in the same range as the NYSE’s average volume. With increased demand on trading platforms a number of the core exchanges suffered Denial of Service (DoS) as their infrastructure was not ready to handle such rapid increases in trading volume. The end results for the user was a slow service, missed opportunity and in some cases significant losses, as traders were unable to liquidate their open positions. Since that situation, exchanges have consolidated their operations and teams, but there is still a generalized lack of gateways to access the crypto space, representing a problem for contributors that need quick in and out from Crypto to Fiat and vice versa. Cryptocurrency exchanges have been setting up operations in countries across the world at an accelerating speed. One of the main data aggregators in the market, CryptoCompare. com, counts 120+ exchanges globally. These exchanges differentiate themselves on a number of elements, including: size, model (centralized or decentralized) and number of assets traded. The top 10 exchanges are generating well in excess of $3 million in fees a day, or more than $1 billion per year (Bloomberg). While these figures are not exact, the magnitude of cash flows currently associated with the cryptocurrency exchange sector is vast. The largest exchange by volume is currently Binance. Binance alone registered $200M net profit in the first quarter of 2018, an increase of over 2800% versus the previous quarter. According to data compiled by the smart contract platform Aelf, Asia based exchanges such as Huobi, Bitfinex, Upbit and Bithumb process between $600 million and $1.4 billion of daily trading volume and charge fees of 0.3% on average, making Asia accounting for half of the crypto currency global trading. https://ternion.io/ An interesting phenomenon that came with the second half of 2017 is the launch of Exchange Tokens, used by exchange users to access additional services or discounts. The first to introduce this concept was Binance with the BNB token, raising $15million at ICO. The Binance coin attracted the attention of tech and investment world, through both the novelty of the asset and the value that it promised to bring to the users. Kucoin subsequently launched a similar model with “Kucoin Share” and 2018 saw the arrival of Huobi exchange token that raised $300 Million in its ICO. Exchange tokens are useful assets for the traders to benefit from discounts and access to exclusive rights. The value creation process is straightforward: the more the system incentives the use of tokens the more the utility for the users and the more the value for the traders. Ternion provides a token that balances utility with appreciation, within a system that cares about its customers by sharing with them shares of its profits periodically and transparently Why Blockchain? Why Blockchain? In order to get cryptocurrency implemented worldwide, we need a good crypto exchange and it starts with blockchain. Blockchain is decentralized and it liberates people and allows them freedom and control of their assets. Blockchain allows you to use and move cryptocurrency around the world. Challenges to Cryptocurrency Adoption Cryptocurrency as an asset class seeks to address inefficiencies within the global payments industry. These currencies resolve a number of functional problems that arise with centrally governed, national payment architectures. These currencies improve transaction cost and speed, they are censorship resistance, they enhance user privacy and they allow uninterrupted ownership access. Aside from the many benefits this asset class brings, various parties still refuse to pay with or accept payment in cryptocurrency. The challenges to cryptocurrency adoption can be segmented into three parts; The Technology, The Cryptofinance Market and Social Awareness. Cryptocurrency technology is still in the foundation building stage of its development and last year saw cryptocurrency interest exceed the overall capabilities of the technology. There were examples of this in both the Bitcoin and Ethereum where users were unable to complete transactions in an affordable and timely manner, as a result of million in its ICO. Exchange tokens are useful assets for the traders to benefit from discounts and access to exclusive rights. The value creation process is straightforward: the more the system incentives the use of tokens the more the utility for the users and the more the value for the traders. Ternion provides a token that balances utility with appreciation, within a system that cares about its customers by sharing with them shares of its profits periodically and transparently. 3.1 Challenges to Cryptocurrency Adoption overcrowding. Within the context of the cryptofinance market, since cryptocurrencies aren’t issued by a central authority, they possess an inherent level of uncertainty. Their value is instead derived from a combination of foundational monetary economics (the equilibrium between Supply and Demand) as well as the speculative nature that accompanies the development of a groundbreaking technology. Finally, social awareness of cryptocurrencies still has a long way to develop. In the current technological landscape there continue to be significant challenges for the everyday investor to purchase and actively trade this asset class. We see a significant gap in the market for a trading platform that improves social awareness through exceptional customer service and a familiar user interface. At Ternion we are focused on improving the user experience and opening the market to the vast majority of contributors not currently active in the cryptocurrency space. https://ternion.io/?utm_source=bitcointalk&utm_reddit=bounty Market Opportunities\* There is a crypto market trend that can be observed by looking at the trading volume of crypto exchanges. Top three exchanges on the market, Bitmex, Okex and Binance, are relatively new and they do not offer fiat-tocrypto trading. There are only old crypto-to-fiat exchanges which still have less trading volume than the new crypto - crypto exchanges. Kraken, for example, ranks 11th according to CoinMarketCap although it became operational long before the Crypto mega rally. All new exchanges with the most volume don’t offer an ability to do wire transfers in fiat currencies, e.g. Huobi and Binance. There is a deficit of fiat to crypto exchanges on the market. And a new Crypto to Fiat exchange can definitely become a turning point for the market. These market findings mean that there is a vigorous undersupply of fiat-to-crypto exchanges that exposes a market opportunity for new and sound exchanges that offer such option. Even the Upbit Exchange that has Korean Won ranks 7th. Thus, providing a good regulated exchange with a fiat deposit in EUR and USD will open a door to the Global market and has a lot of potential to be a large market player on a global scale. The Ternion Exchange offers fiat-tocrypto trading and due to being licensed, it will efficiently climb the ladder on the CoinMarketCap after the launch of full public trading thanks to the availability of trading for auditable institutions all around the world. Traditional investors Ternion caters to the needs of traditional investors by providing an ease of transaction, issuing cards to the users and allowing them to pay for services and goods using a cryptocurrency at different merchant partners. Due to the integration of the exchange, the transactions are extremely efficient, the fees are quite low, and the volatility is kept at bay. The usage of the products is easy: users can download an app on their smartphone and always have an oversight of their finances at their fingertips. Furthermore, Ternion offers top-notch 24/7 customer support. The platform has multiple technical analysis tools and it can facilitate a large number of customers at the same time. There is also a high capacity of plugins available for Ternion to implement in the system, including, but not limited to, behavioural risk analysis and prediction markets. Institutional investors Investors can easily and safely benefit from the cryptocurrency market due to the infrastructure provided by Ternion. The Ternion Exchange is regulated and licensed by an EU authority. It will undergo yearly audits for the purposes of transparency and it offers segregated customer accounts for all investors. It offers constant and high-quality 24/7 support and a possibility to do wire transfers. https://ternion.io/?utm_source=bitcointalk&utm_reddit=bounty |
Binance.US looks to be far more limited than regular Binance, with only Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, and Tether trading available to start. Further, Binance.US will require identification information to sign up in order to comply with regulations. Bitcoin Cash (BCH) started as a result of a fork from the Bitcoin blockchain, and it is designed to be used more as a transactional currency. You can learn more about what is happening in the world of Bitcoin Cash at the Reddit that features loads of info on Bitcoin Cash. In addition to offering you up-to-date information about Bitcoin Cash, Reddit has lots of other groups that will help you ... Binance CEO Changpeng Zhao has apologized for causing concern among the crypto community when he openly spoke about the possibility of a rollback for the Bitcoin blockchain following confirmation of a hack leading to the theft of USD 40 million worth of bitcoins on its platform.. The rollback had caused a sharp backlash, particularly among Bitcoin-only communities, aghast at the very concept ... Zum Beispiel betrug der ATH von Bitcoin während des Bullenmarktes 2017 19.798,86 USDT auf dem Paar BTC/USDT auf Binance. Dies bedeutet, dass dies der höchste Preis war, zu dem Bitcoin auf diesem Marktpaar gehandelt wurde. It does not have the characteristics of bitcoin speculation, nor does it require the currency basket assets to support the value of the currency like stable currency.” It was not made clear if the central bank will seek an alternative method to peg the central bank digital currency (CBDC) to the country’s renminbi (CNY). Nevertheless, its Digital Currency Research Institute has been hard ... Child Boards: Mining support, Pools, Mining software (miners), Hardware, Mining speculation: Bitcoin Technical Support Questions regarding issues with Bitcoin Core, nodes, the Bitcoin network, transactions, and addresses. Moderator: achow101. 97110 Posts 11451 Topics Last post by BlackHatCoiner in Re: Bitcoin-qt is not op... on Today at 10:19:51 PM Project Development Organization of Bitcoin ... Child Boards: Mining support, Pools, Mining software (miners), Hardware, Mining speculation: Bitcoin Technical Support Questions regarding issues with Bitcoin Core, nodes, the Bitcoin network, transactions, and addresses. Moderator: achow101. 96025 Posts 11367 Topics Last post by bob123 in Re: Bitcoin transaction ... on Today at 11:03:23 AM Project Development Organization of Bitcoin and ... Binance.US make it as simple as possible to purchase Bitcoin so sign up today to join over 100 million hodlers embracing the vision of decentralized finance (DeFi). If you’re looking to learn more about speculating on digital assets like Bitcoin, stick around! The next article in our Education 101 Series will focus on risk management. We’ll ... Compared to speculation coming and going.The future of Bitcoin needs real demand.If the demand for bitcoin stays the same.Such events as the Cyprus banking crisis or Brexit could generate temporary demand.In the end, it doesn't mean much about the future of Bitcoin. Bitcoin has been the web celebrity of the investment world this year, and more data suggests that buyers are willing to hold on ... Binance.US make it as simple as possible to purchase Bitcoin so sign up today to join over 100 million hodlers embracing the vision of decentralized finance (DeFi). If you’re looking to learn more about speculating on digital assets like Bitcoin, stick around! The next article in our Education 101 Series will focus on risk management. We’ll ...
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LIVE: Bitcoin Fork Wars, Cardano This Week, Future Of Binance & Bitcoin Price Speculation The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working ... Bitcoin account kaise create karte hai aur Bitcoin wallet kya hota hai?-tutorial - Duration: 7:20. Abhishek Anand-Learn And Earn 86,818 views Get Started on CryptoCurrency - Nano Ledger Wallet http://amzn.to/2DBJA9o - Stellar Desktop Wallet https://www.stellar.org/lumens/wallets/ ~ CoinBase https:/... This is how bitcoin's bottom is formed! Binance delisting popular coins! Fed prints $60m USD per minute! Huge bank to store crypto! ETH ALGO BAX FTM NEWS For Business Inquiries ... My Second Channel: https://www.youtube.com/channel/UCvXjP6h0_4CSBPVgHqfO-UA -----... Goldman Rings the Death Note for Bitcoin Cracking Crypto 142 watching Live now LIVE: Bitcoin Fork Wars, Cardano This Week, Future Of Binance & Bitcoin Price Speculation - Duration: 1:23:57. Bitcoin Price Drop Speculation, LTC HTC, Binance KYC Hack & The Bitcoin Shield ... Fidelity + Ethereum, Bitcoin In France, Binance Travel, UAE Coin & Bitcoin Looking Up - Duration: 25:39. The ... Follow me on Twitter: @moonlamboio DISCLAIMER: I am not a financial adviser. None of what I have communicated verbally or in writing here should be considered financial advice; it is not. Do your ... What are your thoughts on the current state of the market? What are your thoughts on the topics we discussed? Are you optimistic or bearish? Feel free to leave a comment below! Thank you all so ... Thomas Lee, Co-founder of Fundstrat Global, joins Wei to share his thoughts from a fundamental valuation perspective on the current crypto market and on the ...