BioCoin and RCN Have Combined Efforts to Assist Green Businesses Worldwide

biocoin logoInternational blockchain project RCN Network and Russian-based loyalty crypto-platform BioCoin have partnered to lend support to green businesses and farmers worldwide. RCN's expertise will allow BioCoin to develop a superior framework for lending and borrowing resources within the platform. Disclosure: This is a Sponsored Article BioCoin is an international blockchain-based loyalty platform, created by eco farming network LavkaLavka. As a combination of cryptocurrency and loyalty platform, BioCoin is designed to support local farmers and organic food retailers and allow them to return value into their communities via a system of rewards and discounts. According to BioCoin's CEO this partnership was

The post BioCoin and RCN Have Combined Efforts to Assist Green Businesses Worldwide appeared first on bitcoinmining.shop.

The post BioCoin and RCN Have Combined Efforts to Assist Green Businesses Worldwide appeared first on Forex news forex trade.

Continue Reading

Markets Update: Bitcoin’s Price Jumps to an All-Time High Above $11,300

Markets Update: Bitcoin's Price Jumps to an All-Time High Above $11,300

The price of bitcoin continues to rise after our previous price report yesterday afternoon. At the time bitcoin’s price smashed through the $10,000 region across global exchanges. The BTC rocket ship’s engines kept on going reaching an all-time high of $11,395 during the early morning hours of November 29.

See also: How to Buy Bitcoin When You’re Underage

Bitcoin Reaches $11,395 Across Global Exchanges

Bitcoin’s price upwards has been an intense ride as the currency has gained $2000+ in value over the past two days. At the moment one bitcoin has a weighted price average of around $11,100-11,200 on exchanges. Bitcoin trade volume over the past 12-hours has doubled reaching a feverish volume of $9.2Bn. The Japanese yen is taking its share, with 64 percent of the global trade volume. Meanwhile, the USD, EUR, and KRW have a vast majority of the rest of the trade volume pie as every other currency has less than 1 percent of the market share. Bitfinex is the top exchange on November 29 followed by Bithumb, GDAX, Bittrex, and Bitflyer.

Markets Update: Bitcoin's Price Jumps to an All-Time High Above $11,300
Bitcoin touches a new all-time high at $11,395 per BTC.

Technical Indicators

Looking at the charts show during the November 28 overnight, bitcoin’s price reached $10,650 and subsequently had a flash drop to $9,940. Bullish pressure regained strength immediately after jumping back to the $10,800 region. Looking at the Simple Moving Averages today both the short term 100 and long-term 200 SMA still have a wide gap, but it seems like they may converge in the near future. The move towards these two trend lines crossing paths indicates a correction is likely in the cards. The Relative Strength Index and Stochastic oscillators also reveal a similar story as these two indicators reveal oversold conditions. If we see a pullback look for some strong foundations between $10,200-10,400. However, in the short term, breaking resistance above the $11,500 region is not too far off from sight. Order books show bulls have been cutting through sell walls like butter all night and they haven’t let up yet. Bullish sentiment may see resistance stops at $11,600-11,800.

Markets Update: Bitcoin's Price Jumps to an All-Time High Above $11,300
The 100 (green) and 200 SMA (white) seem to be getting closer to convergence.

Digital Asset Markets In General

Cryptocurrency markets, in general, are doing quite well with a market capitalization of roughly $341Bn. The 24-hour volume between bitcoin and the 1325 other cryptocurrencies has reached an all-time high at over $20Bn. Among all the digital assets bitcoin is commanding about 54 percent of the total cryptocurrency market capitalization worldwide. The top ten digital assets are currently all in green seeing percentage increases across the boards. Ethereum is up 8.7 percent at $513 per token. Bitcoin cash (BCH) is doing well on November 29 as markets are up 2 percent leading to BCH prices around $1610. Ripple (XRP) is up 6 percent at 28 cents per token and Bitcoin Gold (BTG) is up 1.2 percent at $345 per BTG. Lastly, litecoin (LTC) has reached a global average of $105 per LTC as its markets are up 11 percent. Notable mentions this week include the top ten newcomer Cardano (ADA) which increased 150 percent in the past 24-hours.

Markets Update: Bitcoin's Price Jumps to an All-Time High Above $11,300
Cryptocurrency markets now command a $341Bn market capitalization.

The Verdict: One Giant Price Meme

Community sentiment across forums and social media show cryptocurrency enthusiasts are elated seeing the price spikes. Market optimism seems decent as well but traders are now talking about the next “big correction” and that markets are “due for a dip.” Right now the price has been a focal point over the past three days as the web has been littered with a thousand price memes. Alongside this, proponents are wondering what will happen to the price when Cboe and CME’s bitcoin-based futures markets arrive as well. Some believe the thrilling 2017 rollercoaster ride is not quite over yet.

Markets Update: Bitcoin's Price Jumps to an All-Time High Above $11,300

Bear Scenario: At the current vantage point many traders believe a correction is due, and  that it’s just a matter of when and to what degree. There is some decent support around the $10,200-10,400, but they may not last if sell pressure picks up.

Bull Scenario: Bulls are trying to consolidate above the $11K zone and with the amount of buy pressure we see right now it just might stay above this zone for a little while. Key resistance to watch is $11,550-$11,800

Where do you see the price of bitcoin heading from here? Let us know in the comments below.

Disclaimer: Bitcoin price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.”


Images via Pixabay, Bitstamp, Phneep, Bitcoin Wisdom, and Coinmarketcap.com


Need to calculate your bitcoin holdings? Check our tools section

The post Markets Update: Bitcoin’s Price Jumps to an All-Time High Above $11,300 appeared first on Bitcoin News.

The post Markets Update: Bitcoin’s Price Jumps to an All-Time High Above $11,300 appeared first on bitcoinmining.shop.

The post Markets Update: Bitcoin’s Price Jumps to an All-Time High Above $11,300 appeared first on Forex news forex trade.

Continue Reading

ICO Token Rewards Policy Can Have Unintended Consequences, Pose Dilemma: Expert Blog

Thinking of issuing your own token? Be careful choosing the token rewards policy!

The post ICO Token Rewards Policy Can Have Unintended Consequences, Pose Dilemma: Expert Blog appeared first on bitcoinmining.shop.

The post ICO Token Rewards Policy Can Have Unintended Consequences, Pose Dilemma: Expert Blog appeared first on Forex news forex trade.

Continue Reading

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin

Bitcoin is a fascinating monetary tool that many believe will help fight the central banking system, corrupt economic planning, and help stop a small group of individuals from controlling the world’s money supply. Often times bitcoin is associated with anarcho-capitalism, free markets, and sometimes the Austrian school of economics. Today we will look at a large group of anarcho-capitalists, ‘gold bugs,’ and well-known economists to see how they feel about the bitcoin revolution.

Also Read: The Age of Disruption: Individual Anarchism Grows Alongside Peer-2-Peer Devices

Libertarian Luminaries and Anarcho-Capitalist Personalities Weigh In On Bitcoin Over the Years

Some people believe the decentralized cryptocurrency bitcoin is a tool that Austrian economists, anarcho-capitalists, libertarians, anarchists, and agorists should embrace. However, the many luminaries that have studied the works of Ludwig von Mises, and Murray Rothbard are still unsure about bitcoin. Some have embraced the cryptocurrency right away, while other individuals who pride themselves as ‘gold bugs’ changed their tune after initially dismissing bitcoin. Either way, bitcoin is very much a part of the anarcho/libertarian based ideologies and has been for quite some time.

Doug Casey

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin The writer and anarcho-capitalist, Doug Casey, is well known for his economic beliefs and essays about politics and markets. A few years ago Casey did not like bitcoin and dismissed the cryptocurrency when asked if he supported the new technology. However, these days Casey has a different perspective as the writer believes bitcoin is money, but he’s not confident it will last.

“As far as the cryptocurrencies are concerned, my original objection to Bitcoin was that it’s not backed by anything — So, it’s really a fiat currency — It’s very much like the US dollar, the Zambian Kwacha, the Argentine peso, or any of the other 150-plus currencies in today’s world — It’s a floating abstraction,” Casey explains in a recent interview.

But I missed something when I said, back then, that it had no value. It’s a fiat currency, but it has much more value than any other.

Dr. Ron Paul

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin Ron Paul is a former U.S. politician and a very popular Libertarian. Many believe Paul had sparked the interest of libertarianism in the minds of thousands of people when he ran for the U.S. presidency three times. Paul is also an author who wrote the famous book “End the Fed” among other classic works, as well as a student of the Austrian school of economics. The former politician has always been a fan of gold and precious metals, and at first, Paul was bit hesitant about bitcoin. However, Paul has changed his mind over the years as he now does television ads for a cryptocurrency IRA. During the cryptocurrency IRA commercial Paul states;

As a firm believer in currency competition, I’m excited to see the options what bitcoin opens up.     

 Robert Murphy

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin Robert Murphy is an anarcho-capitalist and popular writer and scholar at the Mises Institute website. Murphy likes bitcoin, and has co-authored a book called “Understanding Bitcoin: The Liberty Lovers Guide to the Mechanics and Economics of Cryptocurrencies.” In Murphy’s guide, he explains that bitcoin has become a medium of exchange and the often touted ‘Mises Regression Theorem’ has no relevance.  

“We are not predicting that bitcoin will eventually become a genuine money, rather we are arguing that at this point, the regression theorem of Ludwig von Mises has no bearing on the question at all,” explains Robert Murphy and Silas Barta’s book.    

Whether bitcoin becomes a money, or forever remains a medium of exchange, is a purely empirical question to which the regression theorem has no relevance.

David Kramer

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin David Kramer, another libertarian-leaning writer for the anti-state, anti-war, and pro-market website Lewrockwell.com, does not like bitcoin. Back in 2011, Kramer wrote an article called “Bitcoin: Just Another Bogus Medium of Exchange” and compared the decentralized currency to the now-defunct e-gold system. Kramer argues that bitcoin’s previous value was zero, and because it’s “bits in a computer” it still is zero. Only the free market can determine a fixed monetary source, “not a computer programmer,” explains the author. Kramer’s arguments have been refuted by many well-known bitcoiners like Jon Matonis.

Peter Schiff

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin The notorious Peter Schiff is a gold bug and American investor who has hated on bitcoin for quite sometime. Nearly every time Schiff talks about bitcoin he relates the technology to the likes of collectible Beanie Babies and ‘tulip mania.’ It doesn’t seem like Schiff will ever appreciate bitcoin due to the fact it doesn’t have intrinsic value. News.Bitcoin.com has reported on Schiff’s many arguments against bitcoin over the years and his recent debates with the bitcoin proponent and RT talk show host Max Keiser, and CNBC’s Brian Kelly.

“It’s digital ‘fools gold,’” declares Schiff on CNBC. “You know today’s bitcoins are like beanie babies. The whole principle behind bitcoin was to replicate the properties that made gold uniquely suited to be money and act as an alternative to fiat currencies. But it’s not really viable as a money — I mean it is a potential medium of exchange, but it’s not a store of value.“

Konrad Graf

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin Konrad Graf is a well-known writer and economist that has published many articles on bitcoin monetary theory. Graf has written essays such as the “On the Origins of Bitcoin,” the “Bitcoin Decrypted Series,” and more recently “Are Bitcoins Ownable?” Back in November of 2015 Graf spoke with news.Bitcoin.com and told our readers that “bitcoin is among the greatest inventions in history.”   

“My ‘On the Origins of Bitcoin’ also focuses on differentiating the pure theory aspect from historical and anthropological approaches,” Graf explains. “It seeks to integrate both Menger’s and Mises’s contributions with some distinctive insights from Nick Szabo (aspects of “Shelling Out: On the Origins of Money”) into a single account that can handle bitcoin, shell beads, silver coins, and anything else, all in a way I argue is compatible with the Misesian regression theorem.”

Hans-Hermann Hoppe

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin The German-born American Hans-Hermann Hoppe is a popular anarcho-capitalist and Austrian School economist. Hoppe doesn’t believe bitcoin is money and has never been a fan of the cryptocurrency at least in public. However, the economist does think a radical form of decentralization will end the nation states and wreak havoc on the parasites pushing for democracy. Hoppe explained this position last year stating;

Don’t put your trust in democracy, but neither should you trust in a dictatorship. Rather, put your hope into radical political decentralization, not just in India and China, but everywhere.

Dr. Walter Block

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin The well known Walter Block is an Austrian School economist and anarcho-capitalist theorist. Block is also a senior fellow of the Ludwig von Mises Institute in Alabama. The economist doesn’t seem to appreciate bitcoin and has stated it goes against Carl Menger’s monetary theory and has said it only exists because gold is suppressed.

“I favor money based on real commodities (gold, silver, whatever the market settles upon), and, I gather, bitcoins do not qualify — So, I oppose bitcoins,” explains Block.

I favor 100% backed (by a commodity) currency for reasons that Rothbard and Mises have written about, over and over again.

Gary North

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin One particular Austrian economist who dislikes bitcoin is Gary North. In fact, North believes “bitcoin is the second biggest Ponzi scheme in history” in one of his controversial essays. North discusses the primary aspects of what a Ponzi scheme is and how the origin of money works using the Austrian school of economics. North’s anti-bitcoin rhetoric has been refuted several times by other economists but the Lewrockwell.com and Mises Institute author has not been swayed.

“I hereby make a prediction: Bitcoin will go down in history as the most spectacular private Ponzi scheme in history,” details North.

It will dwarf anything dreamed of by Bernard Madoff. (It will never rival Social Security, however.)

Jeffrey Tucker

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin The author and economist Jeffrey Tucker is the director for digital development for the Foundation for Economic Education (FEE) and a well-known bitcoin advocate. Tucker has written many articles about the prospects of bitcoin, decentralization and digital entrepreneurship. At one time Tucker was a skeptic but soon become a very passionate believer in the cryptocurrency revolution.

“Distributed networks change so much, perhaps everything,” Tucker details back in 2015.

As capital, it is not owned by any one institution, which is amazing. And yet it puts massive economic power into the hands of the individual.

Stefan Molyneux

Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin The Irish born Canadian Stefan Molyneux was once a big proponent of bitcoin but has since quieted down about the subject. The anarcho-capitalist now alt-right libertarian is well known for his Freedomain podcasts, books, and YouTube videos. One video called, “The Truth About Bitcoin” is a very in-depth depiction of how Molyneux believes Bitcoin could be a tool to end the nation states.

“If we have a bitcoin universe, you don’t get to print money for war,” Molyneux once stated.

You don’t get to have money for a prison/industrial complex. You don’t get money for a war on drugs. You have to ask the people.

Is Bitcoin Anti-State, Anti-War, and Pro-Market?

There are many more well known Austrian economists and anarcho-capitalists who have a wide range of different views about bitcoin. We really can’t say what Mises, Menger or Rothbard would say about bitcoin with them not being around to witness the internet and blockchain technology. What we can do is formulate our own opinions by reading their works like the Misesian regression theorem, and other theories of what makes money. There are plenty of Austrian economists like Konrad Graf, Daniel Krawisz, and Robert Murphy who believe in bitcoin. It may take a long time for some of these other personalities to accept bitcoin, and some of them like Peter Schiff may never accept it at all.

What do you think of these economists and libertarian philosophers who are for or against bitcoin? Let us know what you think in the comments below.


Images via Pixabay, the Mises Institute, FEE, Lewrockwell.com, and wiki commons.


We got it all at Bitcoin.com. Do you want to top up on some bitcoins? Do it here. Need to speak your mind? Get involved in our forum. Wanna gamble? We gotcha. 

The post Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin appeared first on Bitcoin News.

The post Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin appeared first on bitcoinmining.shop.

The post Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin appeared first on Forex news forex trade.

Continue Reading

Bitflyer Launches Its New Cryptocurrency Exchange for US Customers

Bitflyer Launches Its New Cryptocurrency Exchange for US Customers

Bitflyer, the world’s largest cryptocurrency exchange, is muscling in on U.S. territory after securing a highly coveted Bit License. Just three of the licenses have previously been awarded, which entitle a company to operate a bitcoin exchange within New York. The Japanese exchange will now roll its services out to customers in a total of 41 U.S. states.

See also: Markets Update: Bitcoin Bulls Set Their Sights for the $10,000 Target

From Tokyo to New York

In its native Japan, Bitflyer provides trading of bitcoin, bitcoin cash, and ethereum against the yen, with 24-hour BTC volume of around US $170 million. This accounts for 96% of all trading activity on the platform. Having secured permission to launch across the majority of the U.S, the Tokyo company will be able to significantly broaden its customer base and to tap into Americans’ growing demand for cryptocurrencies.

Bitflyer Launches Its New Cryptocurrency Exchange for US Customers
Bitflyer CEO Yuzo Kano.

Japanese cryptocurrency investors have traded $100 billion of assets via Bitflyer this year and the exchange will be hoping it can capture a similar share of the U.S. market. It will face stiff competition though from established exchanges such as Coinbase, Gemini, Bittrex, and Kraken. One exchange it won’t have to compete with is Asian neighbor Bitfinex, which is in the process of cutting ties with the U.S. market. Gemini is making great strides in its quest to grow its customer base; today the New York-based exchange announced that it has opened its services to Oregon residents, taking the number of states covered to 46.

Japan’s Largest Bitcoin Exchange is Flying

Bitflyer, which accounts for 30% of all bitcoin exchange volume, is evidently pleased to have gotten its hands on a Bit License from the New York Department of Financial Services. These are notoriously hard to obtain, and are evidence that Bitflyer has put significant time and effort into its U.S. expansion.

Bitflyer Launches Its New Cryptocurrency Exchange for US Customers

CEO Yuzo Kano said:

Bitflyer is proud to have been granted a Bit License to do business in the state of New York. This is a nod of approval from one of the most influential state financial services regulators in the nation.

At first customers will only be able to purchase bitcoin, though Bitflyer has plans to introduce other cryptocurrencies in due course. As an incentive to lure U.S. customers, the exchange will be offering 0% trading fees until the end of the year. It was in August that Bitflyer first announced its planned foray into the United States. The highly regarded Japanese exchange now has a chance to prove itself Stateside, but will have its work out to catch Coinbase, which dominates the American market and has a major presence in 189 other countries.

Do you think Bitflyer will crack the U.S. market? Let us know in the comments section below.


Images courtesy of Shutterstock, Unsplash, and Bitflyer.


Bitcoin Games is a provably fair gaming site with 99% or better expected returns. Try it out here.

The post Bitflyer Launches Its New Cryptocurrency Exchange for US Customers appeared first on Bitcoin News.

The post Bitflyer Launches Its New Cryptocurrency Exchange for US Customers appeared first on bitcoinmining.shop.

The post Bitflyer Launches Its New Cryptocurrency Exchange for US Customers appeared first on Forex news forex trade.

Continue Reading

Cryptocurrency Market Surpasses $300 Billion Following High Gains From Bitcoin

The investor appetite for investing in cryptocurrencies has reached an all-time high and doesn’t look like it’s slowing down anytime soon. With the market capitalization of all cryptocurrencies reaching a new high as well, interest in the currency is peaking right now.

The market as a whole rose to over $300 billion for the first time in its history on Sunday, November 26th according to the industry based website known as coinmarketcap.com. As of 9:00am London time on Monday Morning, the market capitalization or market cap of the industry reached around $305 billion. This all occurred as the most popular currency in the digital space, bitcoin passed the all-time high amount of $9,600 as of Monday with Ethereum reaching new highs as well.


Don’t Forget to Join our FREE Text list! From Your Cell Phone Text the Phrase CRYPTO to 474747


Frank Holmes, the chief executive officer at U.S. Global Investors stated that it is in fact difficult to stay where the market ill go and what coins will survive, but investor trust in the industry will grow with time. He stated that “”What bitcoin has done, it has woken up everybody to the power of the blockchain technology (the underlying ledger that supports bitcoin), like emails woke everyone up to the internet. At the beginning people didn’t trust the internet. So we don’t know who’s going to survive. We saw Google being surpass Yahoo, how this will evolve I don’t know.”

The rise of bitcoin has occurred incredibly rapidly as has the rest of the market in the space and the debate continues as to where the market will go. The CEO of JPMorgan, Jamie Dimon has been a notorious critic of the currency but it continues to rise even amidst his comments. The hopes are high that the market will continue to grow despite skeptics in the space.


Don’t Forget to Join our FREE Text list! From Your Cell Phone Text the Phrase CRYPTO to 474747


The post Cryptocurrency Market Surpasses $300 Billion Following High Gains From Bitcoin appeared first on Coin Stocks | Cryptocurrency Investments & News. The Future of Money.™.

The post Cryptocurrency Market Surpasses $300 Billion Following High Gains From Bitcoin appeared first on bitcoinmining.shop.

The post Cryptocurrency Market Surpasses $300 Billion Following High Gains From Bitcoin appeared first on Forex news forex trade.

Continue Reading

Is Bitcoin a Good Investment or Not?

Before this article begins, Bitcoin is an extremely speculative investment and no statements made herein should be taken as advice or trading recommendations.

In terms of economics, there are several terms that most don’t understand and one of those continues to be cryptocurrency. Most don’t know what it means, but now might be the time to start reading up on it. The currency is something that is strictly digital and is not backed by any one source or government such as fiat currencies. The coin is mined through the process of solving computational problems with high powered computer graphics processors where those miners are then rewarded with that currency.

There has been an extremely high level of interest in the currency as it has seen astronomical gains unparalleled by any other market or investment. Robert Brokamp and Alison Southwick recently gave an interview on their opinion of the subject.

Southwick stated that “Bitcoin as an investment idea. Wall Street has definitely, in the last few months, started to talk about bitcoin and dip their toes in. Jamie Dimon over at J.P. Morgan is quoted as saying bitcoin will eventually blow up. It’s a fraud. It’s worse than tulip bulbs and it won’t end well. He also said that he would fire any trader for trading bitcoin just for being stupid.”


Don’t Forget to Join our FREE Text list! From Your Cell Phone Text the Phrase CRYPTO to 474747


Other figures in the Wall Street market have stated the complete opposite and that bitcoin may be a solid investment but those who invest should know the market well before investing. “[for example, Goldman Sachs CEO Lloyd Blankfein] said he had a level of discomfort with bitcoin, as I have a level of discomfort with anything that is new. I thought, “Well, that’s keeping your options open.”

The hopes are high that the currency can continue to gain a high reputation as the end of the year comes and goes.

The post Is Bitcoin a Good Investment or Not? appeared first on Coin Stocks | Cryptocurrency Investments & News. The Future of Money.™.

The post Is Bitcoin a Good Investment or Not? appeared first on bitcoinmining.shop.

The post Is Bitcoin a Good Investment or Not? appeared first on Forex news forex trade.

Continue Reading

Small Caps Surge in Accordance With Cryptocurrency Boom

Three out of the four most active stocks traded in US market on Monday, November 27th were said to be riding on the boom from cryptocurrency a report says.

Shares of the company known as Digital Power Corp, had a market value of only $12.8 million as of Friday, but that number tripled to over $40 million by early afternoon this Monday.

A company that tracks stock prices known as Coolisys works on “specialized products and services not likely to be commoditized,” stated that they were developing a piece of mining technology in a partnership with PoW Digital Mining. These moves are small steps in the right direction, but they are only done because of the aforementioned surge in cryptocurrency and specifically bitcoin pricing.


Don’t Forget to Join our FREE Text list! From Your Cell Phone Text the Phrase CRYPTO to 474747


The IP licensing company known as Marathon Patent Group had its shares bump up by over a third, quadrupling in value in only two trading sessions post Thanksgiving. All of this new numbers have led to a steep rise in the market over all, making Marathon Patent Group the third most traded US stock.

The company recently stated in the beginning of the month that they had plans to buy cryptocurrency miner company Global Bit Ventures Inc, and announced that they would give investors an update on the deal after the market closed on Monday.

Bitcoin has done extremely well, outdoing every other asset in its class. The coin managed to soar to a new record high of over $9,721 on Monday. This represents an almost ten times increase in the value of the currency since only January. The coin has seen an exponential growth since that time and only looks like it will continue to do so. The hopes are high that these gains can continue through the end of the year.


Don’t Forget to Join our FREE Text list! From Your Cell Phone Text the Phrase CRYPTO to 474747


The post Small Caps Surge in Accordance With Cryptocurrency Boom appeared first on Coin Stocks | Cryptocurrency Investments & News. The Future of Money.™.

The post Small Caps Surge in Accordance With Cryptocurrency Boom appeared first on bitcoinmining.shop.

The post Small Caps Surge in Accordance With Cryptocurrency Boom appeared first on Forex news forex trade.

Continue Reading

Lambda Protocol: Decentralizing Access to Decentralized Applications

Lambda Protocol: Decentralizing Access to Decentralized Applications

The Lambda Protocol has announced a decentralized, open-source solution for unrestricted access to decentralized applications (DApps). Utilizing the Lambda Protocol, DApp developers can leverage existing browsers such as Chrome or Safari to open up their applications to millions of devices currently being used. The Lambda Protocol plans to launch with support for both the Ethereum and Bitcoin blockchains, adding support for permissioned blockchains such as Hyperledger Fabric in the future.

The Lambda Protocol team, based in Singapore and Australia, is headed by CEO Taiyang Zhang. Team mentors include Santiment COO Dorjee Sun, KyberNetwork CEO Loi Luu and Liquidity.Network co-founder Arthur Gervais.

In an interview with Bitcoin Magazine, Zhang explained that there are two main problems when it comes to DApps: centralized access points and lack of interoperability between browsers and wallets.

Currently, most browsers for the decentralized web are centralized. For example, Google Chrome extensions and iOS applications allow users to access and interact with DApps on the Ethereum Network. These DApp browsers are controlled by private corporations, and they all share a common weakness: a single point of failure. They can easily be removed at a corporation’s discretion, no questions asked.

Zhang compared this single point of failure to a hypothetical in which a portal to search the entire web is hosted on a single website.

All it takes is for an ISP/Government to block one website, which defeats a core premise of decentralization.

All decentralized applications require a cryptocurrency wallet to function. Because of this restrictive prerequisite, desktop users must either integrate a wallet into a browser such as Chrome or Firefox by installing an add-on or create a new wallet by installing a new browser.

Users seeking to access DApps on mobile devices face greater limitations. Native iOS and Android apps do not support third-party browser/extension embedding, and popular mobile web browsers such as Chrome and Safari do not support add-ons.

The Lambda Protocol

The Lambda Protocol is an open-source internet protocol. "Our goal is to allow users to access the decentralized applications of the future in the browsers of today," said Zhang.

To facilitate this access to DApps, the Lambda Protocol plans to develop a decentralized messaging layer. This messaging layer has the capability to connect browsers such as Chrome and Safari to cryptocurrency wallets such as Ledger Nano S, Trezor, imToken and Jaxx. By utilizing the Lambda Protocol, DApp developers can open their applications to the millions of devices and applications that users currently use.

Conversely, users can connect to DApps via the Lambda decentralized protocol. For example, users can trade bitcoin on decentralized exchanges using hardware wallets without downloading additional software. And they can use decentralized applications on mobile devices without downloading additional applications.

Previously, it was impossible to access any DApps without downloading software that acts as a centralized point of access. But with the Lambda Protocol, users are offered a frictionless, decentralized entry point to the “Web 3.0.”

How the Lambda Protocol Works

DAP (Decentralized Application Particle) tokens fuel the Lambda Protocol. Zhang described the protocol’s basic structure from three standpoints: developers, users and relayers:

“Developers utilizing the Lambda Protocol pay DAP tokens to request a user’s wallet to sign a transaction. Users sign transactions, which are then broadcast to the network. Relayers (users who facilitate the execution of a transaction) earn DAP tokens by broadcasting and generating a proof.”

The amount of DAP required for an individual transaction varies and is calculated dynamically. A staking and rate-limiting mechanism is employed to ensure developers are only charged for on-chain transactions.

The Lambda Protocol plans to launch its testnet in Q1 of 2018.

The post Lambda Protocol: Decentralizing Access to Decentralized Applications appeared first on Bitcoin Magazine.

The post Lambda Protocol: Decentralizing Access to Decentralized Applications appeared first on bitcoinmining.shop.

The post Lambda Protocol: Decentralizing Access to Decentralized Applications appeared first on Forex news forex trade.

Continue Reading