Top releases and hard forks to look forward to until the end of June 2018

Don't forget to mark these dates on your calendar: pay attention to ZenCash, OpenANX, Vice Industry Token, Groestlcoin, DigitalNote.

ZenCash will initiate a hard fork on June 26, 2018

Hard fork will be started as a response to a production of the Bitmain AntMiner Z9 Equihash ASIC miner specifically focused on Equihash - ZenCash hashing algorithm. The counter-measure is to change the hashing algorithm from Equihash to Equihash-144-5. The new upgrade will only support GPU miners, which was the projects’ original plan. The ZenCash team plans to make numerous changes and add new features as well.

OpenANX (OAX) prototype release is scheduled for June 28, 2018

OpenANX is a decentralized exchange utilizing technological improvements on the Ethereum blockchain. It merges the security of decentralized exchanges with the payment gateway functionality of existing centralized exchanges.

Vice Industry Token (VIT) Video Portal Platform will be launched on June 28, 2018

There will be released the world's first decentralized video platform designed to pay users to watch porn.

GroestlCoin (GRS) development release and tech advancements will take place on June 22, 2018

Groestlcoin is a blockchain pioneer by being the first coin that activated SEGWIT in January 2017. Enabling Lightning Network, Groestlcoin gets almost ZERO fee transactions, instant payments, scalability and Atomic Swaps.

Hard fork of DigitalNote (XDN) is scheduled for June 25, 2018

DigitalNote platform will undergo a Hard Fork at the block 668,946, which includes PoW change to CryptoNightV1 and difficulty update. Major pools and exchanges have been notified in advance to make the transition as smooth as possible.

ZEC

57.70 USD
3.18%

XDN

0.001318 USD
0.00%

OAX

0.1440 USD
0.90%

GRX

0.002356 USD
1.64%

VIT

0.001367 USD
-20.00%

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A Citigroup job ad suggests blockchain initiatives are heating up at the bank

JPMorgan's got JPMCoin. And Goldman Sachs has its "bitcoin" trading desk.  But don't sleep on Citigroup. The New York-based financial services firm appears to be just as deep in the blockchain world as its cross-town rivals — at least according to a recent crypto job ad.  As per a LinkedIn ad for a blockchain role, one unit of the bank — Citi Markets and Securities Services — is working on initiatives across the crypto landscape.  "Citi Markets and Securities Services business is working on a number of Blockchain/ Distributed Ledger Technology (DLT) and Digital Asset initiatives that span asset classes, businesses and regions," the bank notes. The product manager position is no longer accepting applications (sorry hopefuls!).  The ad asserts that the bank has a wide-range of crypto clients, noting:  "We are working with clients, Financial Market Infrastructures (FMIs) (i.e., exchanges, clearing houses, and settlement venues), and FinTech providers. These initiatives have continued to grow and are in various stages of the innovation and deployment funnel. We expect our engagement to continue to expand as Blockchain/DLT technology continues to evolve and will impact our business on multiple fronts." The role would play a "key part" in driving "multiple internal and external engagements," according to Citigroup. Still, a recent report by CoinDesk shows the bank stepped away from one notable crypto project, dubbed Citicoin. The JPMCoin-like project was never announced and was being worked on out of its Ireland offices.
The Block Crypto

How Blockchain Can Democratize AI Development

Data Access for AI: An Under-Explored Use for BlockchainThere is a vast amount of computing power around the world that is not used efficiently. There are an estimated 4 billion personal computers in the world and 90% of them have free capacities at any given moment. This is to say nothing of the idle capacities of other personal devices, like smartphones and tablets. In effect, this excess computing power is wasted.Lots of startups are trying to use blockchain technology to take advantage of this inefficiency to meet different economic needs. The blockchain is exciting in this context because it provides an infrastructure for distributed computing power, while at the same time providing an incentive for individuals to link their idle devices to the network.Many of the startups I’ve come across are focused on providing web hosting and/or data storage solutions via blockchain. However, the use case I think is the most exciting involves artificial intelligence or “AI”.Democratizing AIThe idea of applying the blockchain to artificial intelligence is attracting a lot of attention. Similar to the goal of distributed data storage and web hosting, some experts argue the blockchain could encourage a broader distribution of the data and algorithms that will determine the future development of artificial intelligence.However, many artificial intelligence experts are concerned that IBM, Facebook, Google and a few other big companies are monopolizing all the talent in the field. These giant corporations also control the massive silos of digital data necessary to create and refine the best machine learning programs. Many argue there is a need to democratize data if A.I. is to develop in a direction to benefit all of humanity.This is where blockchain technology comes in.At the most basic level, just as the blockchain allows money to be transacted between private parties without a bank or central authority in the middle. Artificial intelligence experts are hoping blockchain technology can allow artificial intelligence networks to access large stores of data and computing power without a large company or other centralized entity in control.Browser-Enabled AI CalculationsSeveral start-ups are setting up blockchain-based marketplaces, where people can buy and sell data. The goal, says one expert, is to “decentralize access to data before it’s too late.” I’ve encountered multiple projects looking to accelerate artificial intelligence development in this way. Serious entrepreneurs with impressive academic credentials are behind several of them (e.g. Skynet and Kaasy).In this article, I want to focus on Hadron. Hadron is creating a marketplace to harness otherwise unused and wasted computing power to solve real-life problems with artificial intelligence. Specifically, Hadron processes and categorizes images and sounds in ways that can be tailored to various uses, such as face detection and image classification. Users who link their devices to the Hadron network perform a piece of this work and in return, they get rewarded in Hadron tokens.The Demand for AI ComputationHadron gets its supply of artificial intelligence. tasks from the marketplace it creates, which enables people looking to processes and categorizes images to put in a bid for the task. Hadron assigns the tasks to devices linked to its network and pays out a percentage of the bid proportional to demand. The demand refers to the number of artificial intelligence tasks in the marketplace and supply refers to the number of linked devices. Together these determine the price of computations on Hadron’s platform. For example, if the demand for computation is high, the bid prices will be higher. If the demand is low, the bid prices will be lower.Centralized vs Distributed AI ComputingIn contrast to centralized artificial intelligence computing, Hadron’s distributed computing model has several advantages. The most notable is that scaling the computational resources based on demand is easy. When the demand for computation increases, the price increases, which provides an incentive for existing and new users to link their devices to Hadron.Hadron recently announced it will be the first dService launched by Aikon, which is a blockchain-enabled API marketplace. This will let anyone use Hadron’s new “Computer Vision API” to recognize and categorize any image.ConclusionWhile still very much in its early days, blockchain technology seems to hold much promise for accelerating artificial intelligence development. More than merely accelerating this development, however, blockchain also provides a decentralized infrastructure that can side-step corporate and government controlled data siloing while also ensuring that the value created through artificial intelligence can be shared in a democratic way.Subscribe to my channels Medium and Twitter if you like my articles and want to learn more about blockchain and cryptocurrency projects. If you have any questions about this article, please comment in the section below. Thank you!How Blockchain Can Democratize AI Development was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Blockchain Apps and the Mineral Supply Chain Could Help Verify Origins of Resources

Mining companies are constantly working to determine the source of their minerals and to ensure a quality extraction process. Under the 2010 Dodd-Frank Act, mining companies based in the United States must source minerals in a responsible manner. Further, the minerals could not be used to enrich those involved in armed conflicts. The European Union […]
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