Decentralized Marketplace

A new project called Qtum has been made by the Singapore-based Quantum Foundation that arrangements to merge the Bitcoin convention with QTUM Innovation. The open source project incorporates the Ethereum Virtual Machine with Bitcoin's Unspent Transaction Output (UTXO) model and intends to give brilliant contracts to organizations around the world.

The Qtum team has been looking closely at the territories in which Bitcoin fails to adapt and grabs this opportunity to differentiate itself. Banks and other financial institutions for example, find in bitcoin a strong competitor, however not all banks and institutions have the resources, funds and knowledge in-house available to adapt or exploit the possibilities of the blockchain. And this is where Qtum steps in. With Qtum's Blockchain for businesses, they can easily adapt and integrate this praised technology in their mainstream operations. Question is however; if and when these organization will adapt this technology?

A Project That Mixes Bitcoin Code With Ethereum's Virtual Machine

The project Qtum is an intriguing decentralized app (Dapp) that joins the Bitcoin customer 0.13, Proof of Stake (PoS), and the Ethereum Virtual Machine to empower shrewd contract administrations. The project has likewise gotten $1 million in subsidizing from speculators, for example, Fenbushi accomplice Bo Shen, Ethereum prime supporter Anthony Di lorio, BitFund originator Xiaolai Li. Qtum will likely give an esteem exchange convention Dapp stage with the best properties of both projects.

"Qtum incorporated the EVM onto an UTXO-based blockchain, and composing contracts for this ought to be similarly as simple with respect to Ethereum, yet you get the advantages of the UTXO show," clarifies Qtumdesigner Jordan Earlz. "These advantages incorporate versatile/light wallet bolster by SPV, a more steady model (while Ethereum has forked commonly to settle issues with this), and similarity with existing Bitcoin apparatuses and conventions."

qtum

The Qtum Project Will Deploy Master Contracts and Incentivized Proof of Stake

The Qtum improvement group subtle elements how the stage will permit both brilliant contracts and ace contracts that incorporate off-chain information. The Qtum project discloses to the distribution 8btc that ace contracts finish a great deal more than average keen contracts.

"An agreement marked by two banks could be ended with the accord of the two banks alone," states the Quantum Foundation. An ace contract gives add up to control to the agreement endorsers over the execution or end of the contracts. That is a copy of genuine situation. The Master Contract is an extraordinary stride forward, conveying new potential to the blockchain application and augmenting the idea of the savvy contract.

The project additionally claims to be the first to actualize a savvy contract framework using Bitcoin's UTXO while likewise coordinating a Proof of Stake instrument. The system agreement is alluded to as IPOS (Incentivized Proof of Stake) which the engineers say compensates the system members.

Extensive Testing, Sparknet and Utilizing the Most Stable Blockchain

The Qtum group has constructed two Dapp projects so far including Spring Email and Qloha. Both administrations use cryptocurrency arrangements that improve informing applications and Simple Mail Transfer Protocol (STMP). As per the group, the Qtum project is amidst making desktop and portable wallets for its client base. After broad testing, the engineers plan to reveal its testnet application named "Sparknet" which will be the prelude to the official stage dispatch. Qtum additionally has revealed that the group will search out code surveys from autonomous people and associations willing to explore different avenues regarding the project.

The project is satisfied to use the Bitcoin convention inside the Qtum project, expressing that the Bitcoin blockchain is the most tried and true openly appropriated record accessible.

"Bitcoin is the most developed, steady and secure blockchain accessible, in contrast with Ethereum, Bitshares or others which are still viewed as flimsy with the various issues and security issues they had since they were propelled," says the Qtum group. Notwithstanding Bitcoin having the greatest support from the group which offers a huge gathering of devices and programming identified with Bitcoin which can be utilized by quantum too, rather than alternate blockchains which now and then need even the least difficult programming.

The strengths of the Qtum project will make Qtum, if they will al be released, a strongholder and perhaps the only true bitcoin killer app. Because it's interesting to see their technical approach in action and hopefully we will be able to see it in the near future.

http://www.cryptodir.com/news/news/qtum-utxo-based-pos-smart-contract-platform.html

Monero is a decentralized and anonymous cryptocurrency with CryptoNight algorithm and which is based on CryptoNote protocol. CryptoNote is a technology that allows the creation of cryptocurrencies which are privacy-centric. Monero is currently trading at $12.67 and has a market cap of $176,198,750. It also has the fastest block generation speed among all CryptoNotes, 1 minute to be exact. Regarding market cap, Monero is the second most successful CryptoNote currency, with a very active community around the coin.

Monero, launched in 2014, aims to be an untraceable and fungible digital exchange medium. its various forks. You are your own bank with Monero. Only you are responsible and control your funds, plus your accounts and transactions are kept private from prying eyes. Monero features untraceable payments, unlinkable transactions, blockchain analysis resistance and adaptive parameters. Backup of the functionality is done by cryptographically proven schemes academic research. The Research Lab of Monero does most of this research. Currently, Monero is ranked fifth among all cryptocurrencies regarding the market cap. Monero implements four main features which are privacy-enabling that make it stand out from the cryptocurrency market.

One is the dual key stealth address feature which Monero implements to hide the location of a sent payment. On the Monero blockchain, the transaction where the receiving address is sent can be seen. However, it is an address that is only used once and is generated automatically from Monero's public receiver's address. The addresses that can only be used once and are used for payments are not connected to Monero user public addresses. That public address is incorporated in generating a receiving address which is new for each payment.

Also, Ring signatures are incorporated by Monero in masking transaction origin. It is not clear which outputs were employed in a transaction which is from the point of view of someone who is looking at the blockchain. In other words, rather than the one true source of payment, a person observing the blockchain sees few origins of payment. The anonymity signal provided by the ring signature feature improves when time goes by since the number of probable outputs incorporated in a transaction goes up with each transaction that is newly created. This is because, from an observer's point of view, the output is never really "spent". A Multi-layered Linkable Spontaneous Anonymous Group signature is an improved version of ring signatures introduced by RingCT which allows for destinations, hidden amounts and origins of transactions with reasonable efficiency and verifiable coin generation.

A Ring confidential transaction is another Monero privacy feature based on confidential transactions of the Blockstream. Masking the amounts involved in transactions is the basic idea here. Transaction inputs are split into common denominations in Monero. Via a hard fork, RingCT was recently added to Monero, and via another hard fork later this year, it will become a mandatory feature.

Incorporation of i2p to mask the original IP address of a transaction is the 4th privacy feature found in Monero. When a new transaction occurs, a node gets a notification. The node only has knowledge of the i2p address where the transaction originated from, which is not easily cuffed down to any physical location (unlike common IP addresses). However, the i2p integration on Monero is still work-in-progress.

http://www.cryptocoinsrevolution.com/review-monero.php

One of the newest types of currencies in the digital world is Ethereum. Ethereum is a type of digital currency that is one of the blockchain currencies that individuals can use. It is similar to its better known cousin Bitcoin, however Ethereum is different in that it allows greater customization as a part of the digital coinage. It is one of the blockchain currencies you may be looking for. It is just one of the things that allows you to make a digital share or proof or anything you need it to be.

Ethereum is just one of the things you may need in order to customize currency to hold it until it is needed or is released back to the owner. A smart contract allows you to contract the Ether which is the currency itself (Ethereum is the platform,) and the Ethereum allows you to pay people to cut out the middleman. It is one of the things that you can depend on when you are using these digital tokens. It is decentralized currency. It is just one of the types of coins that can fluctuate with what is needed.

Basically Ethereum is a robot based platform that does all the work for you. Ethereum and blockchain smart wallets offers application control you may need. You can hold a smart wallet and keep your currency customized as to how you want it. It is simply one of the modern ways to make payments in today's world. Use your Smart contract to trade, buy and all of these things are just what you might want to use it for.

Ethereum is widely thought of as being the currency of the future in some circles so you might want to invest in this currency and get the sort of options and applications you need. It is truly away to benefit from the encryption and the specialized contracts that make up the digital world. The applications of the contracts with Ethereum are basically unlimited. It is one of the good things that you might I enjoy as the funds are decentralized and safe from fraud or other influence. Some researchers state that Ethereum has more advantages than Bitcoin because it is transferable to other forms of currency.

It is a specialized tradable contract currency. Specialized or smart contracts enable you to do more with digital currency than you have been able to do before. Many can use this currency and can get the sort of programming needed when looking for a digital currency that is useable, and secure and allows exchanges of currencies and contracts. It is great to be able to cut out the middleman when it comes to using various types of currencies and Ethereum allows you to do this. You can customize the currency and do what they need to do with it. It is more technologically feasible and easier to use than Bitcoin. This may be why individuals use this currency and why they think it is the best. Use a smart wallet with Ethereum and be a step up on other digital currencies. It is just the wave of the future.

http://www.cryptocoinsrevolution.com/what-is-ethereum.php

BitShares is a cryptocurrency and blockchain smart contracts platform. Currently, it has been ranked at eighth position among the markets cap altcoins, worth $23billion at the writing time. The currency was founded by Daniel Larimer in 2013. It has a three second block time, which is said to be as fast as a transmission done from the farthest side of the planet and still makes it to the current block.

The currency features some new major aspects that makes it stand out among other altcoins: 1. More decentralized mode of exchange built into its wallet client;
2. Human readable addresses;
3. Ability to be issued as personalized cypto-assets to other holders of wallets;
4. A spectacular governance model with user voting;
5. Ability to be denominated in gold, silver, oil and other commodities or currencies;
6. The account can never be frozen or the funds freezed.

BitShares is powered by Bitshares, which is an open source technology. It allow the wallet holder to trade crypto equities or bitassets. The altcoin currency offers a bank account where funds can be transferred instantly from any part of the world with more efficiency and privacy than any bank. BitShares serves as a form of exchange where currencies and stock derivatives can be traded including options and shorts.

How is Bitshares different

1. Bitcoin is the oldest running cryptocurrency with a relatively larger market cap as compared to other altcoins. Being the first featured altcoin, it has is the most tested and proved to be safest against technical hacking. It also features the largest power of processing which means that majority of attacks that are aimed at it are not feasible at all. Many innovations have happened to this altcoin making it easier and safer.

2. Due to the effect of the network, BitShares has a very powerful hashing power supporting it, as well as the largest share of investments. It is the most watched cryptocurrency and therefore the most vetted. Another advantage that makes Bitcoins stand out is the fact that they are accepted by merchants all over the world. All this add to the network's credibility and the currency's power to stay.

3. Other altcoins are doing a lot of innovations but Bitcoins remains the most trusted and the focal central point of innovation.

4. Technically from an investment point of view, Bitshares have a lot in common with ethereum and dash, more than what these two altcoins have in common with other smaller altcoins. Some of the most actively trading altcoins in the market today have valuations of as low as a thousand dollars, with a daily volume of tens of dollars, whereas, bitcoin's valuations are measured in billions.

5. Most of the coin trading markets use Bitcoins to purchase other altcoins such as Ethereum, Dogecoin, Litecoin etc. Any trader intending to purchase other altcoins must have sufficient Bitcoins in their wallet. There are also Visa and MasterCards that transform bitcoins into fiat money. This feature is not available in any other altcoin.

BitShares are the best investment choice since it is the oldest altcoin in operation and because every other altcoin's value is based on Bitcoins value.

http://www.cryptocoinsrevolution.com/what-is-bitshares.php

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.

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.

http://www.cryptocoinsrevolution.com/Chronobank-Blockchain-revolution-for-the-recruitment-industry.php

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.