The world of augmented reality continues to surprise with the recent developments as a result of technology advancement. Augmented reality can now be used for designing, making presentations among other functions but gaming is quickly emerging as its most popular function. Pokemon Go, the game that has created a craze in the past months is an excellent example of augmentor reality. Augmentors is a brand new and revolutionary 3D modeled virtual reality game backed by the bitcoin blockchain and consists of characters known as Augmentors. The game is still in the early development stages but continues to show signs of being groundbreaking with endorsements from industry stakeholders. 

How to Play

First, the user has to download Augmentors game for free on their device. At the start, the user then selection of free 'creatures' to choose. A tap of the screen will summon your creature and select a creature against which the user will battle against. Users can then customize their creatures to their liking by for example training or swapping. 

Augmentors ICO

The developers of this project came up with a 30-day ICO to complete the development of the game. The month-long ICO will end on the 28th February 2017. During this period, there will be a one-time opportunity for users to purchase some rare creatures in the game. All creatures in the game will have Counterparty Token ID and the number of creatures to be issued is fixed. In addition to a creature's uniqueness, there are other items referred to as relics which will act as boosters to the creatures. The relics can be purchased, attained at a milestone or as rewards for completing missions in the game. 

Databits

Databits is the currency that will be used in the game to purchase creatures and relics. There are about 70 million databits that will be up for sale. The rate of change starts at 1Bitcoin = 15000 databits (DTB). The databits can, however, be purchased at lower denominations. The rate of exchange is also set to gradually rise finishing at the rate of 1 Bitcoin = 10000 databits on the last days of the ICO. 

Trade and Sell

As intimated earlier, each creature will have a token ID which indicates its value. This will enable users to buy and sell creatures on the application or the online creature store. The buy and sell transactions will require an individual to have a counterparty wallet and have databits in the wallet. Swapbots, which are like automated vending machines will send a creature once the amount a user sends is sufficient. 

The Augmentors ICO has already started and there still a good amount of time for those interested to participate. Augmentors ICO targets 1 million dollars and even if the target is not reached, the funds will be used in creating the Alpha edition of Augmentors. 

Chronobank is developing a highly advanced Blockchain-based financial system that is aimed at helping contractors and freelancers to obtain work whereby they will get remuneration by Chronobank's "labor-hour" token. The platform will disrupt the workings of the finance, recruitment and HR sectors. It is an alternative financial system that is aimed at transacting Labor- Hour enabling people to find work and receive remuneration. Furthermore, the platform is designed to be multi-Blockchain and will allow several trading ways including the use of Ethereum, NEM and Bitcoin Blockchains. The website will issue LH debit cards.

Features of the ChronoBank Project 
· Unlike other trading platforms, Chronobank does not experience inflation among other factors of demand and supply.
· The platform will allow all exchanges including AUD, EUR, GBP and USD. 
· This platform is a time-based token system that is entirely different from other platforms.
· Unlike typical freelance websites like Upwork that pay through Paypal and Bitcoin, Chronobank will utilize time-based currencies and is likely to be the first Blockchain job in the world. 
· Unlike other platforms, in Chronobank only valid TIME holders will be considered current stakeholders in its CBE system and will be the only party authorized to take part in a poll. With chronobank, unlimited TIMEtokens are generated during crowd sale. Nonetheless, no further TIME tokens will be generated apart from the initial phase project.
· Chronobank utilizes Labour-Hour Tokens as the fundamental units of value. These tokens provide a non-volatile and inflation-resistant digital store that has value on multiple blockchains. These tokens are further envisaged for further utilization in future systems including LaborX. The Labour-Hour Token is derived from Ethereum ERC20 token and can be traded on multiple major exchanges. Stakeholders will have the ability to redeem their tokens for real-world labour-hour compensation at any time. 
· Chronobank will maintain fixed fees that may vary on the special case-to-case basis to manage the viability and stability of Chronobank ecosystem. 
· A centralized entity that is aimed at coordinating redemption, creation as well as the destruction of the Labour-Hour Tokens referred to as ChronoBank Entity (CBE) is employed. CBE facilitates acquisition and coordination of legal contracts for labor.


Chronobank

Pros of the Project

  • Contract jobs and freelancing are increasingly becoming popular due to the rise in career diversity hence cryptocurrency is very popular. This is a good chance for Chronobank to further contract and freelancing jobs.
  • Chronobank's initial implementation of CBE will employ Ethereum blockchain. Nonetheless, future applications are expected to tokenise assets on the alternative blockchain systems when deemed appropriate. CBE is projected to benefit stakeholders and the environment it is deployed. This is unlike region-specific CBE deployment system where only a single group of CBE stakeholders exist globally.
  • This time-based cryptocurrency is expected to be highly profitable since it will pay people in hourly wages.


Cons of the Project

  • It will not be more attractive than the current widely used US dollar.
  • Chronobank is coming to an already established market and where competitors have established themselves and gained thousands of users making it hard for Chronobank to make its mark.


Summary

ChronoBank.io is an ambitious and wide-ranging blockchain project, aimed at disrupting the HR/recruitment/finance industries in a similar way to how Uber disrupted the taxi business and how Upwork represented an evolution in freelancing. 

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February 13, 2017, Baja California, Mexico – BitBay, the cryptocurrency software suite offering unbreakable smart contracts was keeping a low profile for some time but has now resurfaced; stronger than ever. The creator and soul developer of BitHalo/BlackHalo David Zimbeck has worked effortlessly the past two years to create the most advanced and secure wallet in cryptocurrency space. The software suite is capable of supporting an entire smart contracting interface with decentralized markets and other features.

A BitBay community member comments,

"How is it that a single developer can deliver such an incredible suite when entire teams of coders have a hard time even delivering a functional wallet? How on earth has this project gone unnoticed, and why is it not in the top 10 coins in the world?"

Unbreakable Smart Contracts

Unlike many other platforms, BitBay is not vaporware. It is a feature rich platform that offers unbreakable smart contracts for important real world applications. The BitBay contracts are far superior to other smart contracts as they are secured by collateral deposits from both parties, which makes it unbreakable. In the event of a default by one of the parties, their collateral funds will be burnt, making it illogical for them to cheat or exit the contract with the intention of defrauding the other.

The smart contracts system on BitBay eliminates arbitrators, biased third parties, escrow and even fees. Without any middlemen, it can create coins for cash contracts like a decentralized "LocalBitcoins", where cash payments are completely trustless. It can also be used to create "employment contracts", "decentralized eBay-like delivery contracts" (to ensure prompt delivery of working products), and even "barter contracts" that allows people to create a "wish list" and trade any item off that list.

The user-friendly templates on BitBay enable users to create smart contracts by just entering few details. The platform currently has a handful of templates in place, with more to be added shortly. In David Zimbeck's words, all one has to do is use their imagination to create a custom template for any deal they want. The platform's "Cash for Coins" template has already been successfully used by many to automate buying process and complete cash deals without needing escrow or middlemen. The platform will soon release a "buy/sell anything" contract template with reverse and regular auctions support. It will also include a variety of shipping choices.

Decentralized Marketplace

BitBay had a decentralized marketplace almost a year before "Open Bazaar". BitBay's completely anonymous market is built right into the client, and it allows users to create their own public and private markets. Or they can just check different contracts already available in the main market. The BitBay software allows communication between users by supporting email with end to end encryption like Thunderbird and it also supports Bitmessage for a more decentralized option.

Other features on BitBay include "Pay to Email" which uses steganography to hide payments within photos sent to recipient's email. The feature, originally created for tipping purposes has various other applications as well. Even the wallets' two encrypted keys can be hidden within images using David's steganography based feature. These keys can then be used on two different computers to sign transactions – a feature that lays the foundation for "Cold Staking", which will be utilized in both BitBay and BlackHalo. The Cold Staking feature will be almost impossible to crack because the computers used to sign your transactions can be in completely separate locations. BitBay will also make allowance for "exotic spending" such as "locktimes". In addition to the "dead man's switch", "parking of coins", "burn" and other spending types, it also supports automated joint accounts for business partners and spouses. The BitBay platform can also translate to 92 different languages.

About BitBay

BitBay has so far created a whole cryptocurrency ecosystem with its own functional market economy. All these things have turned BitBay into a powerful cryptocurrency software suite that can take on other cryptocurrencies. The platform enjoys a vibrant community that is regularly attracting and training new users. The "contract faucet" created by one of the team members is currently giving away coins using a unilateral "Guarantor" contract to whoever accepts it.

BitBay will soon release their secret star feature that will eliminate the cryptocurrency's volatility.



A recent report states that Bitcoin isn’t anonymous enough, and to an extent, the report is correct. While part of Bitcoin’s reputation has been built on the notion of privacy, the truth is that the blockchain records every transaction in real time, and nothing can escape its shuttering technology. In the long run, no matter how private Bitcoin claims to be, there always seems to be an open window to one’s financial history.

But one has to wonder if this isn’t a bad thing. Two of the cryptocurrency world’s most recent additions, Zcash and Monero, tout complete anonymity for those looking to remain duly private, but there seem to be issues emerging from the backend, and many investors and crypto-enthusiasts are having a hard time deciding where they stand.

First off, let’s look at criminal activity. Anonymity is often showered with praise, but when something is completely hidden like this, it can potentially give rise to back-door dealers looking for ways to exploit any lagging visibility. Monero, for example, is often labeled as the most popular cryptocurrency amongst drug purchasers on the dark net. Many regulators arguing against the notion of completely anonymous digital currency trading feel that the situation is likely to give rise to another Silk Road, only this time, things may be a little harder to shut down.

Zcash is another financial entity that claims to offer new waves of privacy. Again, good for some, criticized by others. Zcash recently hit new heights on cryptocurrency exchange Poloniex, hitting the $2 million per coin mark, but many argue whether this was real or caused by error or platform manipulation. If that’s the case, there’s certainly cause to worry. It was this same kind of manipulation that fired bitcoin into the $1,000 range in 2013 prior to the sudden collapse of Mt. Gox.

Lastly, the likelihood that a government or legislative system would ever be willing to regulate or fully allow the trading of anonymous currencies is particularly slim. While this may sound positive at first (cryptocurrencies were designed to offer independence), access to digital currency for third world and developing nations could wind up limited in the near future. It’s precisely because Bitcoin isn’t fully anonymous that it probably has the highest chance of ever going mainstream and reaching acceptable terms on a global scale.

As consumers, we have to ask ourselves which we’d prefer – true anonymity, or higher monetary access? The independence these currencies claim to provide is what gives us such a choice in the first place.



Washington -
Extending U.S. sanctions on Iran for 10 years would breach the Iranian nuclear agreement, Iran Supreme Leader Ayatollah Khamenei said on Wednesday, warning that Tehran would retaliate if the sanctions are approved.
The U.S. House of Representatives re-authorised last week the Iran Sanctions Act, or ISA, for 10 years. The law was first adopted in 1996 to punish investments in Iran’s energy industry and deter Iran’s pursuit of nuclear weapons.

The Iran measure will expire at the end of 2016 if it is not renewed. The House bill must still be passed by the Senate and signed by President Barack Obama to become law.
Iran and world powers concluded the nuclear agreement, also known as JCPOA, last year. It imposed curbs on Iran’s nuclear program in return for easing sanctions that have badly hurt its economy.
“The current U.S. government has breached the nuclear deal in many occasions,” Khamenei said, addressing a gathering of members of the Revolutionary Guards, according to his website.
“The latest is extension of sanctions for 10 years, that if it happens, would surely be against JCPOA, and the Islamic Republic would definitely react to it.”

The U.S. lawmakers passed the bill one week after Republican Donald Trump was elected U.S. president. Republicans in Congress unanimously opposed the agreement, along with about two dozen Democrats, and Trump has also criticized it.
Lawmakers from both parties said they hoped bipartisan support for a tough line against Iran would continue under the new president.
President-elect Trump once said during his campaign that he would “rip up” the agreement, drawing a harsh reaction from Khamenei, who said if that happens, Iran would “set fire” to the deal.
The House of Representatives also passed a bill last week that would block the sale of commercial aircraft by Boeing and Airbus to Iran.

The White House believes that the legislation would be a violation of the nuclear pact and has said Obama would veto the measure even if it did pass the Senate.

Only weeks after the execution of a hard fork to mitigate various DoS (denial-of-service) attacks, the Ethereum network and its developers are struggling to deal with yet another major flaw. This time, major issues in regards to smart contracts have emerged, which have rendered the efforts of decentralized applications in the Ethereum network purposeless.

On November 1, the Ethereum development team and the founder of Solidity warned users and developers against a bug that allowed variables to be overwritten in storage.
Variables in a smart contract are agreements made between two or more parties. Thus, if an attacker can gain access to the storage and alters the variables, crucial agreements in decentralized applications can be affected and funds may be extracted, which may pressure developers to discard previous smart contract-based projects to recompile contracts.


Ethereum developers including Ansel Lindner stated that the development of an Ethereum application is failing to operate because of this bug.
"Imagine spending a year building an app for eth, just to find out the thing doesn't work," wrote Lindner.

He further noted that much like the memory bugs in Geth that continued to negatively affect the network for weeks, the recent smart contract bug will most likely lead to a series of other potentially fatal bugs.
"I could agree that it's a molehill on the side of a big mountain of other similar potentially fatal bugs," Lindner added.

Reitwiessner explains that luckily, Ethereum multi-signature wallet contracts are not affected. However, contracts containing two or more contracts will high likely be affected.
"The following contracts may be affected: Contracts containing two or more contiguous state variables where the sum of their sizes is less than 256 bits and the first state variable is not a signed integer and not of bytesNN type," Reitwiessner wrote.
Reitwiesnner recommended developers to deactivate and remove funds from already deployed smart contracts and compile new agreements using the Solidity release 0.4.4. Failure to do so may result in the loss of funds and may hugely impact decentralized applications that rely on these contracts.

To date, the Ethereum development team have discovered 10 vulnerable Ethereum smart contracts, 7 of which were exploitable.

At its core, bitcoin is about giving users better control of their money.

Often called "programmable money", bitcoin has scripts that limit how future bitcoin transactions can be spent (and that control variables like who can spend them). One such script ensures the correct person is spending the bitcoin by checking if the correct signature was used before unlocking and sending the funds.  This week, Blockstream core tech developer Russell O'Connor revealed he's been testing a couple of new scripts on an Elements Alpha sidechain (which is pegged to the bitcoin testnet) that could add new functionality.

Called "covenants", the new style of scripts potentially opens up possibilities for how bitcoin users can control, or restrict, spending of their money — possibly for their protection. (This is an idea that was previously explored by researchers Malte Möser, Ittay Eyal, and Emin Gun Sirer). One use case for these scripts is to help users rein in their coins in the case of a hack (an all too common occurrence in bitcoin).

When asked what he thinks of the new covenant work, Eyal said it was potentially a boon to bitcoin users who may be worried about losing their bitcoins or otherwise having them compromised or stolen.

Extending bitcoin's scripts
The idea is notable as a script that can limit how bitcoins can be spent hasn't been implemented in bitcoin before, a fact noted by Eyal.

In particular, there are two new covenant scripts that Blockstream explored, each of which take parameters and outputs whether the script is valid, or whether or not the transaction is currently spendable based on its restrictions.
It's worth noting that bitcoin's scripting system is currently quite simple for security's sake. There aren't limitless rules in bitcoin right now because new additions can be potentially dangerous and developers note that they take time to test.

This is where sidechains may come in handy, although they are not yet pinned to the main blockchain.
Bitcoin startup Blockstream has been working on these interoperable blockchains for experimenting with new features that could potentially be added to bitcoin since June of last year, and this is an example of how these new chains can be used to test new features.

These new proposed opcodes may work as the foundations for new functionalities, ones that could even come to help stop bitcoin exchanges and users from losing stolen funds.