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Man Dies on Mount Everest Over Crypto Currency?
ASKfm, the site that lets friends ask anonymous questions, decided to launch their own cryptocurrency. To celebrate the launch, they planned an elaborate promotional stunt involving four climbers and the highest mountain in the world. Theysent a team of three crypto enthusiasts on an expedition to climb Mount Everest. At the top, they would bury a small USB drive containing $50,000 worth of ASKT, their new cryptocurrency they have planned an Initial Coin Offering for. Why? They wanted to send their currency “to the moon.” The climbers reached the summit on May 14 and successfully buried the USB. In a Medium post, the company described the expedition and the intentions behind it. “While others try sophisticated marketing techniques, these guys went out there and put themselves right on top of the highest mountain on the planet. An elegant way to boast ideological superiority to every other crypto. A way quite strangely unexplored before. Even memes-wise, think about the closest starting point to reach the moon. It seems so obvious, yet no one has done it.” What the company failed to mention, however, was Lam Baby Sherpa: the Nepalese mountain guide who helped carry gear and lead these otherwise-inexperienced climbers to 29,000 feet. The sherpa, a veteran of three previous Everest climbs, was left behind by the group and is presumed to be dead. One of the climbers was reported as stating: “At the top of Everest the weather was very bad, and then we were coming down. We were going down to Camp 4, which is at about 7900m, and one Sherpa was dying. That’s all we know. He was behind us, so we don’t know what happened to him. We were going fast and the Sherpa wasn’t coming with us. He was coming behind so we didn’t see him.” Upon reaching Camp 4, one of the crypto climbers had developed altitude sickness. They descended to Camp 2, where they called for a helicopter evacuation. As for the $50,000 worth of cryptocurrency? There’s no word as to whether or not it’s been retrieved yet, but with climbing season in full swing and an average of 600 summits each season, it’s sure to turn up soon.
ICON Network: An Overview
What Is ICON? ➤ #1 Blockchain project in Korea with an expanding global footprint ➤ Open source platform building a community of communities based on consensus, governance and protocol specifications ➤ BTP(chain interoperability), parallel processing, multichannel and modular architecture creating a highly scalable network able to interconnect private and public chains. ICON Benefits ➤ Various blockchain platforms are able to interact via smart contracts. ➤ No need to make multiple wallets. ➤ No need to buy multiple tokens: Owning just ICX gives access to all interconnected chains. ➤ Ease of dApp accessibility: frictionless dApp usage across multiple chains. ➤ DPoC: (Delegated Proof of Contribution) variant of PoS based on contributions. ICONSENSUS P-Reps: A Public Representative (P-Rep) is a block validator on the ICON Network that participates in consensus and governance. ➤ P-Reps consist of the top 22 Main P-Reps and 78 Sub P-Reps,. ➤ P-Reps are elected by delegation of stake. 1 ICX token is worth one vote. ➤ For delegating and voting for P-Reps, ICONists (ICX token holders) receive rewards. ➤ I-SCORE: All contributions are quantified in the form of I-SCORE that can be converted 1ICX to 1000 I-SCORE to redeem rewards. DBP (DApp Booster Program) DApps on the network receive a portion of block rewards based on their delegation ranking. EEP (Ecosystem Expansion Program) Community members receive a portion of the block rewards by proposing and implementing projects that expand or grow the network. Fee Sharing 2.0 Developers can choose to pay for transaction fees themselves so users may access their dApps easily. Virtual Step Virtual fee that credits developers transaction fees for locking up their ICX. ICX: ICON’s unique native token ➤ Provides governance rights to the network ➤ Used for computation, transaction fees and rewards ICON’s Unique Reward System Dynamic reward system that autonomously adjusts based on varying network conditions: ➤ When high % of network is staked, then reward is decreased to encourage using ICX elsewhere. ➤ When low % of network is staked, then reward is increased to encourage staking more ICX. Select Blockchain Products On ICON Network somesing.io The world's first Karaoke app on a blockchain. DPASS Global authentication system with sovereign identity. A Decentralized Passport/DID, and cryptocurrency wallet, all in one. broof.io Blockchain certificate issuance service. Permanent record of genuine certificates. Facilitates blockchain adoption with secured partners including, Seoul City, Citizen Hall, Postech and Studypie. ICON Ecosystem ICONLOOP MyID Alliance ICON Strategic Partner - ICON DAO P-Rep candidate and ICON strategic partner committed to providing the tools and services needed for users to develop and manage decentralized communities to mass collaborate and fund projects. ICON DAO Medium ICON DAO Twitter ICON DAO Telegram Resources Homepage: https://icon.foundation Community: https://icon.community Developer Center: https://icondev.io Github: https://github.com/icon-project Medium: https://medium.com/helloiconworld Works Cited ▸ Dr. Ben Lee, "Economic Incentives of ICON Network", Hashnet 2019 Blockchain Conference, October 2019. ▸ "ICON Network Partnerships" Retrieved from: "https://spec-rationality.com/icon/#21Nov" ▸ Amy Dang, November 5, 2019, "A Comprehensive look at ICONLOOP's MyID Alliance" Retrieved from: "https://theicon.ist/2019/11/05/a-comprehensive-look-at-iconloops-myid-alliance-its-partners-advisors-and-upcoming-roadmap/"
Why should you start accumulating bitcoins in 2020?
Many countries around the world have started legalizing Bitcoin and other cryptocurrencies. If leading countries like the USA, Europe, and India sees the value of cryptocurrencies, there must be something in there, right? US regulators have green-lighted banks for cryptocurrency custody while the Supreme court of India has also lifted the ban on banks dealing with cryptocurrencies imposed by the Reserve bank of India. If we start gathering such official news, it would take an entire day. But your time is valuable and instead of wasting it on finding sources, it would be wise to initiate the accumulation of cryptocurrencies including Bitcoin. Why would someone prefer investing in Bitcoin over a well-established stock market? Well, that’s a good question indeed. Should you invest in Bitcoins? Why? 1. A real-life usage. (Not a Ponzi scheme) Cross-border payment has become a kid thing where recipients get payment in a matter of minutes instead of days. The sender needs to pay in cents which he or she used to pay in hundreds or even thousands. Besides the more usage it has, the better its value. On top of that, they have a huge potential for industrial partnerships to make a short time gain. 2. It is still in the early phase. You may feel its late because of the price of Bitcoin ($10,999 at the time of writing), it’s not. If you just sit and watch coinmarketcap, you will only see the increment. Imagine what if Bitcoin reserves even a quarter proportion of value stored by commodities like gold? You also do know about halving, hyperinflation, and the maximum supply of Bitcoin, right? That is the answer! 3. Highly secured network. We are already facing millions of dollars of digital money thefts. That’s how vulnerable our baking system is. But when it comes to Bitcoin backed by blockchain technology, you don’t question its security. No hackers till today have successfully managed to steal Bitcoins out a hardware wallet, not they will be able to do so. The money you have invested is secure, you bet! 4. A digital store of value. If you research to analyze how much return on investment (ROI) the gold has given in the past 10 years and then compare it with Bitcoin, you will understand what is the store of value you can have. Yes, it is volatile but if you consider it for the long term, you are sitting on safest bet. At least one BCT is what you need to store for like 5 or 10 years and you will thank me later. 5. Easy liquidation. If you are worried about liquidizing your crypto assets, just stop worrying right now. Because of the worldwide establishment of trading platforms, exchanges, and P2P platforms; you can easily trade your assets with fiat currency and even in commodities, with considerably low fees. Even if you are looking for short-term profit, you got nothing to worry about at all. How to accumulate Bitcoins in 2020? Well, if you are considering it for an investment, you will have to invest it. But if you are still not sure about investing in Bitcoins, there are plenty of ways to collect bitcoin by investing your time and skills. So today, in this article, we are going to discuss one such amazing way to actually gather Bitcoins without investing your fiat money. Let’s get started. ReferCoins basically hires people like you and me to promote their partner projects on social media channels. You will be asked to share, retweet their posts and tweets on your timeline in order to get a reward in Bitcoins. There are many campaigns you can join to earn as much as you can. Yes, it is as simple as that with the help of a few official rules. Are you excited? Before you jump to join, let me introduce their campaigns for the ease of understanding. 1. Facebook Campaign This is the simplest campaign on ReferCoins to earn your first millibitcoins. A genuine Facebook account with a minimum of 100 friends is the only requirement to join the campaign. You will be basically sharing their official posts on your timeline with predefined hashtags. You are also required to submit proof of your work by means of the snapshot. 2. Twitter Campaign This is another easiest campaign for you on the platform. A real Twitter account with 100 followers is a prerequisite in order to join the campaign. In this campaign, you will need to retweet their official tweets with certain hashtags mentioned under the rule section. You also need to submit a snapshot of your work in order to get it approved. 3. Article Campaign This is an effort seeking campaign but worth your time totally. You are asked to write an article covering ReferCoins and publish it on your website. Based on the traffic your site is bringing, you will be categorized between low, medium, and high payout. If you don’t own a site, you can publish it on crypto-focused sites like Steemit, Murmur, Sphere, etc. 4. Video Campaign This is the highest paying campaign on the platform currently. Under this campaign, you will be creating a video about ReferCoins and publishing it on your own channel having at least 100 subscribers. As it pays great, you should also make sure that the video you are submitting is of good quality. Based on the number of views and quality of your video, you will be awarded. These are 4 campaigns currently active on the platform. But you will be able to see a few more soon as they are onboarding various projects. Here is the stepwise guide to join the ReferCoins and withdraw your earned BTCs. 1. Open your web browser and type https://refercoins.com 2. Go to the signup section from the menu bar and fill your basic details. 3. Click on the link you will have received on your registered email to verify yourself. 4. Once you are logged in, you will able to see four above-mentioned campaigns. 5. Let’s join the Facebook campaign. Go to Facebook Campaign and submit your Facebook profile. 6. Wait for 24 hours till your profile gets reviewed and verified. 7. Now perform the task as per the rules mentioned there. 8. You need to take a snapshot of your activity and upload it on the platform through your dashboard. 9. They will review and approve the allocated rewards. 10. Now go to My Wallet > Withdraw and fill the all details. Submit your request and you will get it on your wallet.
Cryptocurrencies Are Making It Impossible To Afford A Great Gaming PC
"This wasn’t entertainment, this was an investment." Let’s rewind the clock a little bit to the Autumn romance of 2013: Bitcoin is showing itself to be more than a passing fad and things are starting to feel real.2013 was the year that you could buy things with cryptocurrency with retailers like Newegg stepping in and giving the strange idea a special kind of legitimacy. 2013 was also the year that AMD made a desperate bid for market share at the high end of the gaming GPU market with the R9–290X The result was a rush on AMD GPUs as people desperate to get on the cryptocurrency bandwagon scrambled to find their piece of the pie, California gold rush style. The price of AMD GPUs soared as retailers marked the cards up significantly over MSRP, selling a product once targeted at PC Gaming enthusiasts to a new class of customer who was willing to reach into deeper pockets because this wasn’t entertainment, this was an investment. Eventually that bubble popped, but we're back in 2017/2018 and this bubble doesnt look like its popping soon. You have to remember that part of the appeal of cryptocurrency mining is that it was an ‘everyman’s’ chance to make some money. A little consumer hardware, your home computer crunching away while you were at work or sleeping… People want that dream of striking it, well, maybe rich, but if not rich, making money for doing effectively nothing other than watch the mining rig do its thing and not letting it catch fire. On that dream, the market has delivered and the GPU is once again king of a new generation of cryptocurrencies. Read the full piece here.
Decentralized Social Networks: Can They Work?
What does "decentralized social media" even mean? LAST YEAR JILLIAN York, a free expression activist, was temporarily booted off Facebook for sharing partially nude images. The offending photos were part of a German breast cancer awareness campaign which featured, well, breasts. Facebook flagged the post as a violation of its Community Standards, which strictly prohibits most types of female nudity. Though the account suspension lasted only 24 hours, it had a powerful impact on York’s ability to get things done. Locked out of Facebook, York was unable to complete her work or post comments on news sites that use Facebook’s commenting tools. And without Facebook credentials, York could not access apps like Spotify and Tinder. Tick off Facebook and you may be unable to work, date, or listen to music. York’s suspension highlights the ever-expanding ways in which we now rely on large private platforms to facilitate our online activities. Over the last 13 years, Facebook has evolved from a lifestyle site for college kids into a cornerstone of civic life. It is one of a handful of very large platforms that dominate our online world. As such platforms have gained traction, the web has transformed from an open space for free expression into a corporate-owned gated community of private platforms. The power of giant platforms like Facebook, Google, and Twitter leads to problems ranging from the threat of government-ordered censorship to more subtle, algorithmic biases in the curation of content users consume. Moreover, as these platforms expand their reach, the ripple effects of exclusion can have serious consequences for people’s personal and professional lives, and users have no clear path to recourse. The platforms that host and inform our networked public sphere are unelected, unaccountable, and often impossible to audit or oversee. In response, there is a growing movement among free speech advocates to create new technology to address these concerns. Early web pioneers like Brewster Kahle have called for ways we might “lock the web open” with code, enabling peer-to-peer interactions in place of mediated private platforms. The idea is to return to the good old days of the early '90’s web, when users published content directly in a user-friendly decentralized fashion, without the need for corporate intermediaries and their aspirational approach. Communities for users, run only by other users. No companies and giant corporation behind it. Just social networking for the sake of social networking. Now, WIRED makes the argument that they'll never work but I'm not so convinced. I love the idea. What do you think? Can we drop Facebook and find a decentralized way to connect again?
LocalBitcoins Clone Script to Start Crypto Exchange like LocalBitcoins
Building up your very own bitcoin exchange website is a troublesome undertaking. Yes, You generally need proficient assistance that can control you with a total procedure for making a local bitcoins clone website. Attempt to search in for some all-around constructed and rich-included clone script specialist organization to build up your website. The motivation behind why you should fabricate a local bitcoins clone website It has a high market top and is expanding step by step. Bitcoin and different Cryptocurrencies gain the ubiquity method of installment move. The vast majority of the individuals began acquiring cash by means of bitcoins. Similarly, Localbitcoins Clone Script accomplishes you to start your own Bitcoin exchange website like LocalBitcoins. The clone script permits local purchasers just as global exchanges. Clients can purchase and sell any cryptocurrency and pay the particular party with fiat or some other cryptocurrency. This Local Bitcoin Clone Script encourages you to make and deal with your exchange site. It's likewise useful to individuals who claim their own websites for presenting to you an extra salary. Make your Bitcoin exchange business website with a sheltered escrow application. Bunches of B2B enterprises are furnishing local bitcoin script with escrow application. Along these lines, choose the privilege bitcoin escrow script will consistently lead your bitcoin exchange business to a triumph level. To locate the best specialist organizations to work with, attempt these four strategies. Local Bitcoins Clone Script Highlights 1. Escrow Wallet –Escrow script shields dealers from deceitful purchasers by requiring the Bitcoin to be stored forthright. 2. Two Factor Authentications –We will offer two-factor validation for purchasers and vendors in the market to assemble local bitcoins clone websites. 3. Localbitcoins application and Wallet Development –Creating your Local Bitcoin wallet for putting away your Bitcoins and different cryptocurrencies in a protected and secure way. 4. Multi-cash support –This wallet bolsters practically all the prevalent cryptocurrencies like Bitcoin, Ethereum, and so forth and enables you to store more than one simultaneously in a similar wallet. 5. AML/KYC –Localbitcoins offer a total answer for KYC and AML including ID check, revealing, and re-accommodation the board. Where would you be able to get the script to begin a Local bitcoin exchange website? BlockchainAppsDeveloper is one of the best Cryptocurrency exchange development company in United Kingdom. They incorporate all the most recent highlights like multi-way confirmation, Propelled CMS, Coordinated wallet, different cash paring, and Rest local bitcoin Programming interface, and so forth. They have an incredible tech group to build up your local bitcoin clone website, and furthermore give the best help and support to your Bitcoin exchange business. Undeniable Reasons to Choose BlockchainAppsDeveloper Local Bitcoins Clone script 1. Automatic exchange and introduce installment exchanges 2. Accept Numerous Installment Alternatives 3. Safe and dependable administration 4. Prevention of deceitful exchanges 5. The exchanges are quicker and exceptionally secure 6. User-accommodating dashboards will permit purchasers and merchants to exchange easily. Contact Us & Get a Live Demo Of LocalBitcoins Clone
All About Blockchain – The Importance of Blockchain
The first thing that anyone’s mind asks first after hearing the expression ‘Blockchain’ is “What is it??” So, before coming to that part, we need to know about what ‘Cryptocurrency’ is. Cryptocurrency is an internet-based digital medium of exchange using strong cryptography for conducting digital exchanges. Nowadays, it has become a rapidly growing technology using by both industries and academic areas. One of the most well-known cryptocurrency is Bitcoin. In 2016, the Bitcoin market has reached up to 10 billion dollars. Since it has been released, over 4000 of other alternative variants have been created. Now, let’s talk about Blockchain. It is a decentralized distributed database that is used to save the records of the growing lists called ‘Blocks’. These so-called ‘Blocks’ are contained with timestamp and the previous blocks cryptographic hash each. By design and purpose, Blockchains are inherently resistant to data modification. It allows us to send and receive money prohibiting any kind of third party applications. It actually serves as an open distributed ledger that can record the transactions between the performing parties efficiently. The first describers of a Blockchain work were Stuart Haber and W. Scott Stornetta in 1991. Later, in 1992, they implemented the Merkle Trees to improve its efficiency which allows several document certificates in one block. The structure of a blockchain is described as a linked record of transaction blocks. Each block mentions a former block, also identified as the parent block, in the “previous block hash” field, in the block header. Here are the terms used to define the structure of a Blockchain, Firstly, the Index, which indicates the location of a block inside the chain. It starts with ‘0’ and goes on. Secondly, the Hash, which facilitates the classification of data in the set. Thirdly, the Previous Hash. As it is previously told that every block in a chain is associated with the previous one, this character is defined to add to its immutability as a variety in the block order. The ‘numTx’, which tallies the number of transactions performed in a block. The Timestamp, which saves the time aspects of the building time of the block. Nonce, which saves the integer used in mining. It may be 32 bit or 64 bit. The Transaction, which saves the specific version of transactions as arrays performed so far in the block. Finally, the Merkle Tree, which has been designed to improve the efficiency of the chain. Here is the structure diagram:- As it is a rapidly growing technology nowdays, it is ovious to have its various kinds of applications and usages. Here are some them below:- Cryptocurrency – Most of the cryptocurrencies uses this technology to save records. Like Bitcoin and Etherium both uses Blockchain. Loans – According to Microsoft, the blockchain technology can also be used for all kind of loans. Smart Contracts – Blockchain-based smart contracts can be partially or fully executed proposed contracts, which may be enforced also. Obligations – As an obligation can be viewed as a special type of loan, it would go very well with the Blockchain also. Voting System – The smart contracts of Blockchain can be also used for the voting system. Financial Services – According to a study by IBM, this technology is rapidly growing on banking services. Video Games – In November 2017, a game named CRYPTOKITTES, was developed by Blockchain. Energy Reserve Supply Market – Creating a supply and demand market for energy where smaller parties can join just as easily as big ones. Hopefully to ease the strain on the already existing network on peak moments for the demand of energy. As per the rule of science, Blockchain technology also has its advantages and drawbacks. The advantages are:- 1. Since Blockchain is an open-source ledger, each and every transaction will be made public and hence there will be no chance of fraud taking place. 2. The government or any financial institution has absolutely zero control over virtual currencies that are based on Blockchain technology. 3. The virtual currencies/digital currencies that are based on Blockchain offer transaction times that are more instant than the usual bank ones. 4. The Blockchain technology lets individuals and companies make transactions directly to the end-user without involving any 3rd-parties. Following these advantages, the drawbacks are:- 1. The virtual currencies that are based on Blockchain technology are extremely volatile. 2. Because of the anonymity that exists in decentralized blockchain and virtual currencies which rely on them, they have become a second home for online criminals. 3. Storing virtual currencies that are Blockchain-based are a big headache for people who are not so tech savvy. The application of Blockchain technology is not limited only to the finance industry. It has a fantastic future in different sectors such as supply chain management, digital advertising, forecasting, cybersecurity, Internet of things, networking, etc. Blockchain technology also has a huge prospective to provide new openings for occupation in the industry. So knowledge of Blockchain among professionals is required these days and many institutions have started providing Blockchain certification training as well. It also enhances the professional’s capability to upgrade themselves. With the help of Blockchain technology, it is possible to transform the whole world into a much smaller place. The transactional activities can be performed much faster and efficiently using Blockchain. Blockchain technology is going to be used in many more sectors in the future such as in government systems as these systems are slow, dense, and likely to corruption. Implementing Blockchain technology in government systems can make their operations much more secure and efficient.