Aragon news

Established in 2017, Germany. Build unstoppable organizations on Ethereum. Allowing the creation of value without borders or intermediaries. Aragon is a project that aims to disintermediate the creation and maintenance of organizational structures by using blockchain technology. CEO/founders - Luis Cuende.

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Deletion Of Comments From Aragon Subreddit Prompts Concerns Over Censorship

A redditor posted on several Aragon forums to question Meltem Demirors' inclusion as a speaker at the upcoming AraCon conference. After a back and forth with the Aragon subreddit moderator, the moderator deemed the commenter’s responses against community rules and deleted them. Now, a lot of people are calling it censorship.
Ethereum News

Aragon Wants You! (To Help Decentralize Its Governance Process)

Aragon wants to offer a neutral, decentralized digital jurisdiction for DAOs. As it stands, it appears plenty of folks are hungry to build organizations on Aragon’s stack, but there is less interest in participating in the governance of the network. If decentralization is to be achieved, that needs to change.
Ethereum News

Decentralized organization network Aragon launches upgrade to mainnet

CryptoNinjas Ethereum-based decentralized organization network Aragon has announced the launch of Aragon 0.6, the framework that allows users to create Aragon organizations on the Ethereum mainnet. Codenamed Alba, the new release aims to revolutionize the... Decentralized organization network Aragon launches upgrade to mainnet
CryptoNinjas

What Is Aragon (ANT)? | The Complete Guide

What Is Aragon? Aragon is a decentralized app (dApp) on the Ethereum blockchain that allows anyone to create and manage a decentralized organization. The project is open source and led by the Aragon Foundation. It also includes a token, ANT, that grants voting rights to make decisions about the direction of future development. Eventually, the team hopes the project to be a fully decentralized autonomous organization and dApp that’s a neutral jurisdiction for anyone to create an organization on the blockchain. Traditional organizations have a significant budget for overhead and administrative functions. In addition, when they transact with other organizations, fees, delays, and middlemen can pile up. This increases friction on the overall economy. Aragon’s vision is removing that friction with decentralized organizations that operate on a shared platform. Nearly all organizations have a few core administrative functions in common. They need to provide equity to investors, allow shareholders to vote on governance decisions, raise money, pay employees and contractors, and implement access control for accounting and risk purposes. These functionalities come standard (see “Out of the Box Functionality” below) as part of the Aragon dApp for any new organization built on the network. The team’s vision is to make it simple and easy to set up and operate an organization on the blockchain. Using open source tools and the security of the Ethereum blockchain, the project is aimed at growing corporate adoption of blockchain technology for practical uses. In this article, we’ll explore how it works through the following areas and you’ll be able to decide for yourself if Aragon is a game changer for blockchain adoption. Blockchain Barriers to Entry Out of the Box Functionality Modular Custom Features Digital Jurisdiction Aragon One Team Roadmap ANT Token How to Buy Aragon Token (ANT) How to Store Aragon Token (ANT) Conclusion Additional Resources Blockchain Barriers to Entry A lot of companies are interested in testing out blockchain solutions for stakeholders, payments, and governance. However, there are several hurdles that make it difficult for companies to take the first step. The biggest of these hurdles is a lack of expertise. Most companies don’t have blockchain experts on staff. Consequently, they don’t know where to start with smart contract development, dApps, and decentralized organization. Aragon’s features allow you to meet your specific needs There are also bigger problems that are inherent to blockchain that make organizations nervous. The idea of an immutable ledger is powerful, but it’s also frightening when mistakes can’t be quickly corrected. In the case of smart contract development, there is always a probability of bugs introduced into the code. As such, software needs to be easily upgradable, and there should be a bug bounty mechanism in place to incentivize finding and fixing bugs. Aragon is working on these solutions. In addition, Aragon is addressing subjectivity in smart contract breaches. With every smart contract, you can encode many of the possible breaches of contract. However, there are also more subjective cases, especially in complex relationships. Aragon establishes an arbitration system for conflicts that aren’t explicitly addressed in the smart contract code. Out of the Box Functionality Out of the box, Aragon offers several core features. It has a module for identity management and closely related modules for ownership and access control. Other modules include shareholder voting, fundraising through token generation, HR onboarding and payroll, and accounts payable/receivable. Taken together, the core functionality of Aragon covers the critical aspects of accounting, governance, and identity that make modern companies work. As you can see, these modules make up most of the administrative functions that a modern company or organization requires. It’s important to emphasize that these modules can individually be turned on and off, providing instant customization for the company’s needs. In addition, all of the code behind Aragon is open source. A company’s development team could edit them as needed to fulfill the company’s requirements. Modular Custom Features The modular design of Aragon doesn’t stop with the core modules that come standard. Just as companies can edit existing modules, they’re free to develop completely new models as well. They can also develop atop the data and structures of existing models for extended functionality. The Aragon Foundation envisions the Core software could also find uses outside of operating traditional businesses. It’s possible entirely different use cases could emerge: Election voting and national polls: Smart contracts could facilitate a prediction model that checks if elected officials stick to their campaign promises and reward their supporters when they do. Contractor payment: Onboard individuals or even other companies as subcontractors and pay them on an independent basis. Enhanced analytics and accounting: Add data visualization and layers of analysis on top of the accounting, identity, and voting information that your organization generates. The modular nature of Aragon, combined with its open source ethos, means we could see a whole ecosystem of free to use modules that extend capacity for organizations on the platform. Digital Jurisdiction Aragon explicitly has the goal of creating a digital jurisdiction. Just like countries have jurisdiction over their citizens when it comes to courts of law, Aragon wants to create the first digital court of law. This court wouldn’t operate based on country boundaries. Instead, it would help enforce digital contracts between organizations on the Aragon platform. Aragon One In the early days of development, the project relied on the nonprofit Aragon Foundation to provide direction and support as the project got off the ground. Aragon One was the first step in the decentralization of the project, replacing the Foundation. It encompasses the team from the Aragon Foundation, including Aragon One CEO, and former project lead, Luis Cuende. In the future, the platform will be entirely decentralized and community led. Holders of the ANT token will have voting rights on all issues concerning the project. Team Aragon is an open source, non-profit project. It has many contributors. It also doesn’t technically have a CEO or CTO. Instead, it began with a project lead. However, following the decentralization goals of the project, the project lead stepped down upon the creation of Aragon One. Luis Cuende was leading the project. In 2011, he received a “Best Underage European Programmer” award, and he’s a recipient of Forbes’ 30 under 30 recognition. He’s a young guy, but with leadership and technical chops. He has advised the Vice President of the European Commission and is an MIT Innovators Under 35 awardee. He has founded several startups and created the first Linux distribution with face login. The ultimate goal of the project, however, is for Aragon to no longer need a team. The developers hope community involvement and support will drive future initiatives and the Foundation will only play a minor role in coordinating contributions. Roadmap Aragon has been busy in 2018, releasing Aragon 0.1, 0.5, and most recently, on October 30, 2018, Aragon 0.6, which allows you to create organizations on Ethereum’s Mainnet. From the team’s blog post about the 0.6 launch this means, “Today, decentralized organizations get real.” Since the initial launch, over 15,000 organizations have been created using the platform.  The project’s next steps are towards further decentralization and eventual complete running of the platform by the community. ANT Token As mentioned previously, the ANT token represents a share of governance on Aragon. It grants voting rights on development proposals. The amount of ANT you own determines the strength of your voting power. Trading History The ANT token launched with an ICO in May 2017. At the time, it was among the most successful ICOs ever. It raised $24 million in fifteen minutes. baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[ scripts.length - 1 ]; (function (){ var appName = encodeURIComponent(window.location.hostname); if(appName==""){appName="local";} var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl+'serve/v3/coin/chart?fsym=ANT&tsyms=USD,EUR,CNY,GBP'; s.src = theUrl + ( theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); The price of ANT hasn’t seen the massive growth that we’ve seen in other cryptocurrencies. Since its launch, ANT has flown under the radar. It’s currently among the top 200 cryptos by market cap.  ANT peaked with the rest of the crypto market in January 2018 at $7.73, but hit another high point more recently in May 2018 at $4.88 as well. It’s unclear what may have caused the April-May rise in price. After this ANT’s value continued to decline, leveling off over the past couple months around $0.75, a significant drop even from its ICO price. Surprisingly, the launch of the Aragon mainnet had little to no effect on the price. This lack of movement may be a sign that the days of speculative investing are over for the crypto community. Moving forward, the only thing that might positively affect the price is simply adoption. How to Buy Aragon Token (ANT) ANT is available on many major cryptocurrency exchanges. However, there is no direct fiat gateway to buy ANT. If you’d like to purchase ANT, you’ll need to first but BTC or ETH, as those are the most popular trading pairs for ANT. You can find ANT on Bittrex, Liqui, HitBTC, EtherDelta, and IDEX, among others. How to Store Aragon Token (ANT) Since Aragon is a dApp built on the Ethereum blockchain, the ANT token is an ERC-20 compatible token. As such, you can store ANT using any Ethereum compatible wallet. MyEtherWallet paper wallets are a popular option for easy and secure storage. For the highest level of security, consider a hardware wallet like Trezor or the Ledger Nano S. If your wallet has difficulty recognizing the ANT tokens once you’ve transferred them, check out EtherScan to get the contract address and decimals to point your wallet in the right direction. Conclusion Making it easy to create and manage organizations on the blockchain is an important step for blockchain usability. Aragon has taken steps forward in its mission to get many organizations on its platform and the network effects for transactions and efficiency between organizations could be enormous. We will have to wait and see if full decentralization is achieved, and what the results of the Aragon 0.6 launch will be. Editor’s Note: This article was updated by Rachel Lantz on November 3, 2018, to reflect the recent changes of the project. Additional Resources Twitter Reddit Github Blog The post What Is Aragon (ANT)? | The Complete Guide appeared first on CoinCentral.
Coin Central

Aragon Project (ANT Token) dApp Officially Goes Live On Ethereum Mainnet

The open source project, Aragon, which is under the Aragon Foundation, went live on the mainnet after the O.6 update. The project is running on the aragonOS V 4. The company revealed this in a blog post on October 30, 2018. Decentralized organizations just got real, Aragon 0.6 is now live on Mainnet! Using Aragon 0.6, named Alba, you can now create Aragon organizations on the #Ethereum Mainnet. This is a new era for human collaboration and #DAOs.https://t.co/21FNm1fQIO — Aragon (@AragonProject) October 30, 2018 Aragon 0.6 This update was made just after the company released Aragon 0.5 seven months ago. Aragon is a decentralized autonomous organization that offers neutral jurisdiction to those who wish to create their organization using blockchain technology. Since Aragon 0.5 was released in 2017, there have been more than 2500 organizations created. In all versions of Aragon, there have been over 15,000 organizations created. Despite the many organizations created, all of them were still on the testnet. Thus, they had no real-world use. Aragon 0.6 or Alba will make it possible to create organizations on the mainnet of Ethereum. This new update will make it possible to create a new breed of organizations. Details Of The Update According to the blog post made by the company, the framework that powers all organizations on Aragon; aragonOS is now in V4. The smart contracts have been audited several times and they will be launched soon. In the last six months, the organizations have been on the mainnet and DAppNode has been powered by aragonPM during that time, which is a DAO. While tests reveal that there are no major bugs in the system, the company will run a bug bounty on the mainnet. This will help eliminate any unforeseen risks. The practical implication for users is that the company upgraded its building blocks. For instance, things such as voting, finance, token manager, and many others have received a fine-tuning to ensure that the user experience improves a great deal. The Most Important Upgrade A significant part of the updates is the permissions. Aragon decided to add permissions since they are a powerful tool for customization. They make it possible to control who can gain access to various resources in the organization and how they can use them. With permissions, it is possible to implement a unique governance process for each organization. The voting system has also been overhauled. It is now a card-based interface, which makes it possible for users to see all the votes with just one click. This is supposed to encourage more engagement within the community, according to the company. Warning The company says that aragonOS 4 is the most stable and secure method for developing smart contracts. However, it is worth noting that it is untested. Hackers may take advantage of a flaw they missed to steal funds. Thus, Aragon has warned people not to place huge amounts of money in the Aragon 6.0. They are encouraging people to wait for the bounty program to yield results. This way, they can confirm that there is no risk to anyone. However, they have done extensive audits and are sure there are no bugs. If it becomes necessary, one may deposit huge amounts of funds and hope there is no leak.
Bitcoin Exchange Guide

Aragon Project Releases Aragon 0.6, Goes Live on Mainnet

Aragon, the open source project led by the Aragon Foundation, has just gone live on its mainnet with its 0.6 updates, and is currently running on aragonOS version 4, the company announced in a blog post on October 30, 2018. Aragon 0.6 Is Live on Mainnet Just seven months after releasing Aragon 0.5, the company behind one of the most...Read More. The post by Priyeshu Garg appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News
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Ripple’s RippleNet XRP Showcases Real-World Effectiveness: Mercury FX

After partnering up with the firm behind the second largest coin XRP [XRP] Ripple as one of the +200 costumers, Mercury FX announced via their official twitter handle that they transacted their largest payment across RippleNet with a positive conclusion. 1/1 We've made our largest payments across RippleNet using #XRP – 86,633.00 pesos (£3,521.67) from the U.K. to Mexico in seconds. pic.twitter.com/WsHJuZTiOy — Mercury-fx Ltd (@mercury_fx_ltd) January 17, 2019 Using XRP, the firm transferred £3,521.67 or $4,552.41 while they cited that UK based Mustard Foods was able to save £79.17 and 31 hours on the transaction. Mustard Foods could be one of the best examples of the impact of using RippleNet could have as it opened doors to cheaper expenses, quicker orders and faster payments. As covered by John P. Njui on EWN a few days ago, The Ripple company has announced via its website that 13 new financial institutions have joined RippleNet thus propelling the number of total global customers to over 200. RippleNet currently operates in 40 countries across 6 continents. Out of the 13 aforementioned financial institutions, 5 are confirmed as using XRP to source instant liquidity for their cross border payments. The are JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank. By the end of this year [2018], major banks will use xRapid as a liquidity tool. By the end of next year [2019], I would certainly hope that we will see…in the order of magnitude…of dozens. But we also need to continue to grow that ecosystem…grow the liquidity. – Brad Garlinghouse The success behind the team from Ripple could be standing by their marketing strategy and future plans of making the financial industry a better place to be. While not displacing traditional banking systems but helping them make payments cheaper and faster, it is finding its way to take spotlight in the crypto-verse. The post Ripple’s RippleNet XRP Showcases Real-World Effectiveness: Mercury FX appeared first on Ethereum World News.
Ethereum World News

BRD Wallet Expands Crypto User Access Across Europe With Coinify Partnership

Coinify, a European-based financial platform that provides a wallet, trading and payment processing solution, has announced that they are integrating BRD Wallet into their platform to deliver BRD wallet access to users across the European region.Specifically, the partnership provides access to virtual currencies, like bitcoin, to 34 countries across the Single Euro Payments Area (SEPA). The SEPA region is a collection of member states in Europe who are part of a payment system that simplifies bank transfers denominated in EUR. The launch is also enabled largely in part by Coinify’s newly rebranded trading solution for wallet partners.Customers will now be able to use BRD Wallet to “purchase bitcoin at cost-efficient rates with SEPA bank transfers” within Coinify’s trading platform. With BRD integration, customers will also retain control over their private keys while using Coinify.Essentially, this provides a large number of users with an efficient and secure way to buy bitcoin and other cryptocurrencies, and then allows them to immediately store it in a manner where they control what happens to their money. Typically, a user will entrust the custody of their private keys to a centralized exchange while they are waiting for trades to be executed and sometimes for much longer than that.Aaron Lasher, co-founder and chief strategy officer at BRD, highlighted the advantages of the integration for security-focused users of the Coinify platform.“We like exchanges and think security will get better in the future, but by using our integrated purchase and trading solutions, you get to keep your funds under your control 99 percent of the time, and only put them at a slightly higher risk for a short period when you make the exchange,” Lasher told Bitcoin Magazine.“Using a non-custodial wallet means that you and you alone control your funds. It’s similar to having physical cash in a (highly secure) safe at home. Only in this case, we provide our customers a digital safe (the BRD wallet) that they can keep in their pocket and carry along. Nobody else in the world has access to your funds but you, and nobody can stop you from sending or receiving funds.”Integrating a wallet that allows users to own their funds and seamlessly make trades on a platform like Coinify could help to push bitcoin adoption forward."The financial industry is ripe for disruption and we see bitcoin and the other virtual currencies as the future of payments,” said Rikke Stær, chief commercial officer at Coinify, told Bitcoin Magazine. “At Coinify, we have experienced first-hand the rising adoption of bitcoin and working with BRD as a user-friendly, decentralized wallet will only encourage the global reach of the currency."“Since launching as the first iOS bitcoin wallet in the App Store over 4 years ago, we’ve grown tremendously in North America,“ Adam Traidman, CEO and co-founder of BRD, said in a statement. “Europe will be strategic in the next phase of BRD’s global growth, and the partnership with Coinify will ensure our success in this crucial endeavour.”In August 2018, Canadian-based Coinberry exchange launched a similar BRD integration, allowing users to quickly and seamlessly buy, deposit and withdraw bitcoin on the Coinberry platform, while keeping control of their keys at all times. This article originally appeared on Bitcoin Magazine.
Bitcoin Magazine

Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018

Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018 Major cryptocurrency payment service provider BitPay has reported $1 billion in transactions this past year, according to a press release Jan. 16. According to the report, the company also set a new record for itself in terms of transaction fee revenue. […] Cet article Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018 est apparu en premier sur Bitcoin Central.
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