KrossCoin [KSS] The Benefits of Dual IssuanceKrosscoin will soon exist on two blockchains at once by utilizing Incent’s Blockswap technology. Through this capability, $KSS will be able to take
advantage of the unique properties offered by each blockchain (Waves and Ethereum). $KSS
on the Waves blockchain will be better able to perform its role as a trading pair token on the
platform’s easy to use DEX. Additionally, transference of the $KSS token will be easier as the
Waves blockchain has quick block times (1 minute.) $KSS when issued on the Ethereum
blockchain will have access to smart contract technology that, is as of yet, not present on
Waves Platform. This opens up many possibilities for future implementations and potential use
cases for $KSS, some of which have already begun development.
In February, Numeraiannounced Numeraire,
a cryptographic token to incentivize data scientists around the world
to contribute artificial intelligence to our hedge fund (see Forbes, Wired, Smith+Crown).
Earlier today, the Numeraire smart contract was deployed to Ethereum,
and over 1.2 million tokens were sent to 19,000 data scientists around
A Protocol For AI
Numerai is building the protocol to connect machine intelligence to the stock market, and we want you to build on top of it.
has made over $200 000 in payments to our users. We have used bitcoin
to make these payments. The problem with bitcoin is that it exists on a
different blockchain to the Numeraire token. This drastically limits the
extent to which decentralized applications based on Numerai can be
automated and unstoppable because these applications cannot receive
payment in bitcoin, they can only receive and use ether.
Numerai made payments in ether, then a decentralized application on
Ethereum could automatically use that ether to fund its operations (for
example, its gas costs). Bitcoin payments make sense for people not for
decentralized autonomous organizations (DAOs). We want to move more of
Numerai onto Ethereum to accommodate DAOs. Making payments in ether will
have large cascading effects for the kinds of applications that can
interface with Numerai.
we are announcing that we are abandoning bitcoin. It will be phased out
of Numerai by September 30th. From that point on, all payments will
flip into ether and Numeraire.
Numeraire Live On Ethereum
today, data scientists can withdraw Numeraire tokens to any Ethereum
address, and interact with the smart contract. Data scientists can also
use Numeraire to earn more money by staking it on their predictions. If
their predictions perform well, they earn more money. If their
predictions perform badly, their Numeraire is destroyed on the
The staking mechanism
creates a powerful new incentive to build the best machine learning
model on Numerai. For thousands of people, staking Numeraire will be the
first time in their lives they have interacted with an Ethereum smart
contract. And they can do it all from Numerai’s website without needing
to manage keys or use an Ethereum client. This is not speculative; you
can stake Numeraire right now, and the Ethereum transaction will
influence the course of Numerai’s hedge fund.
Staking Numeraire on the Ethereum blockchain
Proof Of Intelligence
is important to us that the holders of Numeraire are the people who it
is most valuable and useful to: the data scientists building Numerai. So
we have distributed the initial allocation of Numeraire for free to our
data scientists based on their past performance in Numerai’s
tournament. Numeraire can only be earned by competing in Numerai’s data
The Numeraire token is the reward for proving the intelligence of a machine learning model on Numerai.
years after its founding, the Fermat project has given birth to its
first crypto-community: the IoP Community. From the broader Fermat
community, a new community has been born, full of enthusiastic people
willing to build a piece of Fermat’s vision of The Internet of People.
developers, entrepreneurs, and local chapters recently celebrated their
independence from the Fermat project, and they are now responsible for
independently running part of the infrastructure created by Fermat: the
IoP blockchain, governance apps, location-based network and content
IoP Consortium — an institution that already has several members,
managed by Daniel Csendes — and the wider IoP Community will receive a
total of 300K IoP tokens from original founder Luis Molina to finance
core development, community building, research, and entrepreneurship.
part of its independence, the IoP Community has agreed to be true to
Fermat’s vision. Both groups agree to coexist peacefully as two
independent projects pursuing some overlapping goals. This peaceful
coexistence includes removing toxic material from the public or
semi-public domain. Both communities also agree to refrain from any
action that can directly affect the robustness of the IoP token,
including but not limited to burning tokens or altering the blockchain
balances. It was also agreed that everyone can freely trade their
tokens, and no IoP whale would dump tokens in the market or try to
manipulate it in any way. To preserve the independence of the IoP
Community, Fermat founder Luis Molina will not participate in the
decisions of the IoP Community or interact with their voting system in
any way. If necessary, we are happy to pause Contribution Contracts apps
until the IoP Community redesigns its features to implement their
updated governance model.
As soon as we receive their IoP addresses, the initial 166K IoP tokens offered by founder Luis Molina in this post
will be transferred to the IoP Community members listed in our previous
announcement. The remaining 144K IoP tokens will be put into an escrow
multisig account requiring the signature of two respected members of
each community, accepted by both groups, to unlock the funds over an
stated in our previous announcement, the Fermat project sees this split
as a positive outcome. Fermat wishes the IoP Community both luck and
Thanks to Rich McDowell and others for the editing.
If you are interested in learning more about Fermat technologies, this list might help you:
Giracoin Staking (PoS) Major Advantages
Stable price, low volatility, increasing value and profitability.
In a blog post that I wrote a month ago (you may view it here), I briefly discussed the difference between Proof-of-Work (PoW) and Proof-of-Stake (PoS) mining algorithms. In summary:
miners or physical computers to process transactions in order to earn
coins. This can be inefficient since better computers are created and
optimized for mining which may lead to centralization, such as of
Bitcoin, by pool miners owning 51% or more of the entire mining
greener and requires less energy to confirm transactions. You just need
to lock up your coins to process transactions and earn rewards in form
of newly minted coins or transaction fees.
In this article, I would like to continue where I left off and delve more into how these algorithms apply in Giracoin.
may not be fully aware yet, but Giracoin is just one of the very few
cryptocurrencies which utilize a hybrid blockchain combining both the
high security of PoW and the simplicity of PoS. So how does it work and
how can we illustrate the “hybrid” characteristics of our blockchain?
of all, let’s define “blockchain” for those who are new to this
technology. Simply put, a blockchain is like a ledger containing all
transaction logs since the beginning of its existence, with the very
first block commonly referred to as the “genesis block” which Bitcoin
dubbed way back in 2009. The blockchain is an integral part of each
cryptocurrency and should be understood as a log which stores all of the
transactions performed with the currency, or in our case, with
let’s describe the “mining” process. The computing power required to
decrypt the hash algorithms, to verify new transaction blocks in the
blockchain, and the resulting new coins, is referred to as mining.
Mining is a distributed consensus system used to conﬁrm waiting
transactions and add them to the blockchain. This transaction
veriﬁcation, which previously only banks would perform, is carried out
for cryptocurrencies by a majority vote of users. The vote is taken
using a so-called Proof-of-Work (PoW) or Proof-of-Stake (PoS) procedure.
Now here's how Giracoin combined both algorithms to form a hybrid blockchain.
employs PoW in the process of mining your tokens and turn them into
coins using company-owned machines in order to avoid mining pool attacks
which is possible if a pool operator owns 51% of the entire mining
population. This closed Giracoin mining process is not only extremely
secure, but it also allows users without their own high-performance
computers to participate in the mining process.
the PoS scenario, you can still earn mining rewards by simply storing
your Giracoins in your GiraPay desktop wallet, which you can install on
any regular home computer, and not spend your coins for a certain period
of time. All you need to do is make sure your computer is always
connected to the internet. The higher your staked coins are and the
longer they are held, the better your success rate will be to earn
The advantages of staking your coins for as long as possible
previously mentioned, one of the key advantages of keeping your coins
for a longer period of time in your desktop wallet is that you can
increase your inﬂuence in the system and accumulate more earnings in the
form of new issued coins and transaction fees. The more coins you keep
and the longer you stake them, the higher your influential factor will
to our technical whitepaper, the amount of earnings your staked coins
can yield is more or less 3% per annum. However, certain penalties may
be imposed upon if you disconnect your wallet from the network, and to
reconnect may incur certain fees which will be deducted from your wallet
balance. So make you sure you keep your internet connection always on,
and your wallet always connected to the Giracoin network, to avoid such
other major advantage of staking your coins in your desktop wallet
rather than trading them on exchanges, is that, it will help stabilize
the market price of Giracoin and maintain low volatility of our
cryptocurrency. As per the law of supply and demand, if the demand is
high, the price can go higher too. So if we keep the supply very low
when many users stake their coins rather than offer to sell them, the
demand will be high, which can cause the price to go up gradually.
the other hand, the more users offer to sell their coins, the lesser
the demand will be causing the price of Giracoin to go down.
staking is really a very effective method of maintaining high demand
for Giracoin and its price stability, while keeping low the volatility
of our coin which can help convince merchants and investors to consider
Giracoin as a safe digital asset if we eliminate potential exchange
losses due to price fluctuations.
thing I liked about our staking process is the simplicity of
participation. Unlike other PoS-based cryptocurrencies that require you
to lock your coins for at least 30 days which will render your coin
unusable (like time deposit in a bank) during the said period, and
require a minimum amount of coins to participate which can cost a
participant huge amount of investment, ours is more flexible. Simply
transfer your coins at whatever amount to your desktop wallet for you to
begin staking. Then in cases when you need to spend your coins, you can
use them accordingly without incurring penalties. You may also add more
coins anytime to improve your chance of getting rewards.
since there is no need for you to setup and maintain powerful machines
to handle the actual work, you can therefore mine more coins, easier and
without spending more, in a PoS than in a PoW procedure.
GiraPay Desktop Wallet
is currently under beta testing and the final version (Build 2.0) will
be made available for download very soon. Once we launch the final
version to the public, expect the Giracoin price to rise again. So start
mining now before you lose more coins if you mine your tokens later.
ZrCoin Startup Raises Over 7 Million USD from 4,000 Investors at ICO to Create Zirconium Production Facility
a research and production startup, has raised $7.07 million in
cryptocurrency from 3,955 investors during their crowdfunding campaign.
The campaign was based on an ICO (Initial Coin Offering), a new
technology for investing in projects using the blockchain.
funds collected allow the launch of two synthetic zirconium production
lines with a total capacity of 800 tons per month. The primary goal of
the campaign, which took place from 11 May to 9 June, was the collection
of at least $3.5 million for the construction of the first production
line, with a capacity of 400 tons per month. High demand from investors
led to additional financing, and the opportunity to increase production
Investors will receive ZrCoin tokens, which are hosted on the Waves blockchain platform and which can be transferred and traded on crypto exchanges. Each token is backed by 1kg of zirconium dioxide (ZrO2).
volume of the funds raised was twice as high as we planned. This is a
huge success for the first ICO of its kind on the market. Using
blockchain technology, we secured financing quickly and efficiently. Our
team thanks our investors and partners’, commented Andrey Nikonorov, co-founder of ZrCoin.
to my estimates, the amount of funds raised by ICOs in 2017 will exceed
$1 billion. More and more companies and startups are choosing this way
of securing investment. Transparency and reliability of blockchain
technology, and the wide possibilities of open information systems, lead
to the creation of fundamentally new solutions that make easier the
life for businesses and private users’, added Sasha Ivanov, founder of the Waves Platform.
a bespoke marketing strategy and effective communication with the
online community, whose engagement is exceptionally high in such
crowdfunding campaigns, we and the ZrCoin have established trust with
our audience to create the first ever manufacturing application project
in the cryptocurrency market. We encountered initial skepticism from
some parts of the community, but investors’ interest was obvious — which
the results of the campaign confirmed. I’m confident that the potential
of the ICO as an effective fundraising tool for projects across all
sectors of the economy will be made clear in the coming years,’
explained Vitaliy Tsygulev,
General Director of the Digital Finance Agency, which implemented a
comprehensive marketing and communication strategy for the crowdfunding
starting production, the distributed tokens will be redeemed from
investors at the market price of the final product. ZrCoin was sold at
ICO at a starting price of $1.40, gradually increasing to $1.55 by the
end of the crowdsale. Since the market price of zirconium dioxide is
$2.80 per 1 kg, this provides a significant opportunity for investors
who purchased it in the early stages. Investors can choose whether to
sell their ZrCoin back to the company or on the open market, or to take
physical possession of the zirconium that backs the token.
were able to deposit using various currencies, including bitcoin,
Litecoin, Waves and Ethereum. The breakdown of funds raised is as
838,903 USD950 BTC670,290 WAVES12,373 LTC7,407 ETH27,973 ETC.
ZrCoin project combines advanced technologies in the field of finance
with environmentally-friendly industrial production of one of the most
popular and in-demand fire-proof materials in the world — synthetic
zirconium dioxide (ZrO2). The outstanding feature of the project is the
synthesis of this product from industrial wastes.
project team invested around $1 million of its own funds in the
development of the technology for the production of synthetic zirconium
from wastes from the metallurgical industry. The first plant will be
located in Magnitogorsk in the Chelyabinsk Region. Completion of
construction and the launch of the first production line are scheduled
for the spring of 2018.
Version 0.6.0.4 has been released. The complete changelog is below. You can download version 0.6.0.4 Here
TCP protocol version and minimum version increment.UDP message version and minimum version increment.ListAccounts RPC method.DecodeRawTransaction RPC method.SendRawTransaction RPC method.GetAddressesByAccount RPC method.Checkpoint sync fix.CScripts loading fix.Incentive's "Questionable Winner" blocks will be rejected at height 705000.Edited ban rules.macOS release of wxVcash & daemon.Vcash-Electron by whphhg.
Is SingularDTV What the DAO Should Have Been?
Funding the New Entertainment Economy
Zach LeBeau, CEO of SingularDTV
been one year since the DAO and its infamous “hack”. Looking back, it
feels like a long time ago. So much has happened with Ethereum since.
During the fallout of the DAO, the thought of launching applications on
Ethereum seemed very far away. And now, as SingularDTV nears the launch
of its first applications, it shows just how far Ethereum has come in a
As I mentioned in a previous blog, “Launching Blockchain Applications in 3,2,1…”,
we brought artists from around the world to our studio in NYC to demo
two of our applications — “Tokit” and “LaunchPad”. It was an amazing
experience bringing artists, hosts and presenters to the recording of
our launch demo to discuss Ethereum, decentralized computing and
year from now the words “Ethereum” and “SingularDTV” will spread
further than we can anticipate. Even popular television shows like Silicon Valley
are bringing the concept of a decentralized internet to the mainstream.
I’m referring to the first episode of Season 4 when Richard tells Russ
he wants to “build a decentralized internet”. Russ responds by saying he
“would fund that”. The man playing Russ Hanneman is Chris
Diamantopoulos, a great actor and friend of SingularDTV.
Chris Diamantopoulos, Silicon Valley’s Russ Hanneman, with SingularDTV’s Zach LeBeau.
Chris is in town performing in the Broadway musical, Waitress, so naturally we invited him to our set to talk about Silicon Valley
and where the producers got the idea for Season 4’s storyline. Our good
friend Sam Cassatt of ConsenSys wrote a blog article asking the
question, “Is Silicon Valley Season 4 About Ethereum?” Well… after talking to Chris we now know the answer…
Apologies for the tease, you’ll have to watch the entire discussion with Chris about Silicon Valley
and Ethereum during our upcoming launch event. We’re not only launching
our first 2 apps, we’re launching a new wave of crypto-artists. I’ll
leave the concept of the crypto-artist for another article.
more details about the first wave of crypto-artists and use cases for
our apps, check out the below “behind the scenes ”video of SingularDTV’s
“Tokit” and “LaunchPad” release.
Behind the scenes of SingularDTV’s demo launch.
rise in the value of ETH and SNGLS tokens has rendered our previous
business model obsolete. We’ve entered a new level of responsibility and
production power. At the moment — and of course volatility is a
constant in crypto — SingularDTV has DAO-like resources to invest in
projects that will grow a decentralized entertainment economy and fuel
the proliferation of Ethereum.
as mentioned above, the DAO hack happened almost one year ago — June
17, 2016. It’s caused quite a bit of reflection for us here at
the DAO launched it took Ethereum by storm. It was sensational. A huge
rise in the price of ETH, a heart-stopping “hack”, a controversial hard
fork and the birth of ETC. There was intrigue, politics and
posturing — makes for a good book. The DAO was a great idea and an even
better experiment which resulted in a more mature Ethereum. A
“Decentralized Autonomous Organization”, the first vehicle of its kind
to issue a token programmed with governance features enabling token
holders to vote on projects to fund, presumably projects that add value
to the blockchain. A brilliant idea.
it unfold was surreal. Many of us quickly realized that achieving a
quorum for a successful vote to allocate funds to build projects was
unlikely. Many DAO token holders weren’t interested in supporting
projects. They were interested in making money from the rising value of
the DAO and ETH. We were even positioning SingularDTV back then to apply
for DAO funds and mount a marketing campaign to rally token holders to
reach a quorum, but then the hack happened and the DAO experiment was
over. An example of the first pioneers rushing to the top of the
mountain, only to get swept away by a storm and pounded on the rocks
below. But they paved the way. I watched what happened and vowed it
would never happen to SingularDTV.
the DAO was unable to achieve, SingularDTV is making a reality in a
somewhat different way. The DAO taught us that we are not ready for
Smart Contract Systems to hold such large amounts of money while at the
same time dealing with the edge cases that governance causes.
SingularDTV recognized this and established the CODE
structure — Centrally Organized Distributed Entity.
combining the best of centralization and decentralization in our
business model and by creating a simple, elegant and impenetrable Smart
Contract System, we can effectively and efficiently do what the DAO
intended — invest in projects that raise the value of Ethereum. More
specifically, invest in projects that raise the value of the SingularDTV
am happy and pleased to announce that we will be spending a significant
part of SingularDTV’s resources on the creation of scores, possibly
hundreds of Ethereum and SingularDTV-centric projects. Of course we
already mentioned an ETH reward to SNGLS token holders. That will happen
after our first applications become active, but what is most effective
for increasing the value of our entertainment economy and the SNGLS
token, is using SingularDTV resources to create more content and
our first 2 apps launch, “Tokit” and “LaunchPad”, artists and creators
will have the ability to launch their own tokenized ecosystems. At about
the same time, our decentralized exchange will launch, setting a new
standard for crypto-exchanges. The launch of these 3 applications mark
the beginning for artists and creators to begin producing content that
will be placed on SingularDTV’s distribution portal “EtherVision”.
week after the release of “Tokit” and “Launchpad”, and until
“EtherVision” launches, SingularDTV will select projects created on
“Tokit” and listed on “LaunchPad” to fund. It can be anything from films
and television to podcasts and ebooks.
we launched our SNGLS token Oct. 2 of 2016, our MVP was our Rights
Management Gateway (Tokit), our distribution portal (EtherVision), a
documentary on Ethereum and the first season of our sci-fi television
series “Singular”. This has grown now into an 11 application
entertainment economy. (We’ve actually got numbers 12, 13 and 14 on the
drawing board too.) We’re hiring the best documentary filmmakers in the
business to make our Ethereum documentary, and we’ve been strategically
waiting to cast Singular when our profile raises in the entertainment
industry. When our first apps and crypto-artists launch, SingularDTV
will reach new heights. This rise will help ensure an increased budget
for our sci-fi series and the securing of the best talent possible.
To learn more about SingularDTV, visit our website at www.SingularDTV.com and join our slack
to get in on the discussion of building a decentralized entertainment.
If you are an artist looking for funding, please send us a synopsis of
your idea and its budget level to [email protected]
Peerplays Bulletin June 2017 - Project UpdatesThe following document contains the list of Recommended Global Parameter settings to be initiated in the Peerplays genesis block:http://www.peerplays.com/news/...