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Industry - Finance & Banking. Established in 2014, USA. Atlas connects people who want financial services with the people that can provide them. CEO/founders - Mickey Costa.

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New BitTorrent BTT Tokens To Optimize Network Speed Through Paid Prioritization: Tron’s Project Atlas Lead

BTT Tokens To Optimize Network Speed Through Paid Prioritization When TRON acquired BitTorrent in 2018, it was only a matter of time before both firms collaborated to create a token. Six months down the road, BitTorrent released its own cryptocurrency token (BTT). The BitTorrent token project, which began in September 2018, was primarily known as “Project Atlas.” The project Atlas, which is a combination of BitTorrent and Tron, is managed by Justin Knoll. According to the project leader, BTT intends to offer incentives to its users for seeding files and expediting transfers that take place on the BTT network. He began by providing an overview of how networks incentive operates. The Incentive Mr. Knoll explained that users can now accrue more BitTorrent tokens each time they seed in their client and when others upload to them. The project leader and his team chose to use a different token thus creating BTT. They would have selected TRX but because they needed to protect the current TRX holders, they ended up creating the BitTorrent token. He said: “We wanted to make it so that we used a different token so that we address this giant potential market without having to give all those people TRX.” He added that the BitTorrent token is linked to the network’s function of downloading and seeding the files. The Protocol Application While expounding on the BTT tokens use and its protocol application, Justin Knoll stated that, historically, it functions more like a public sale. He stated: “[…] where you’re auctioning your upstream bandwidth like your computer’s ability to upload files to other users on the basis of bids that they make to you by uploading to you. So they send you sort of bits of their bandwidth and then you send them your bandwidth” The BitTorrent Protocol Challenge The project Atlas’s team leader said that not having a clear, in-built procedure has been a long-term problem with BitTorrent protocol. This is in the sense that, once a user completes downloading a file they can seed. However, there isn’t any incentive to do so. It is the reason why his team wanted to create a real and perceptible incentive for seeding. Also, each time the users keep uploading for other users on the network, they would be rewarded with BitTorrent tokens. Summary The new tokens are a way of optimizing the speed of the network and achieve quicker downloads using paid prioritization. Every token issued by the BitTorrent foundation features TRC-10 compatibility. This is an established set of guidelines that have been laid out by TRON. There is a great demand in the market. Currently, BitTorrent pushes at least 22% of global upstream traffic and about 3% of the downstream traffic. According to the firm’s representatives, it serves up to about 100 million users. At this time, BitTorrent Token is only available to those outside the US; and will be distributed selectively later this month. The token is part of the Launchpad program – this program aims to put in the limelight and market test new tokens.
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Upfiring vs. Tron’s Project Atlas – A comparison of the two incentivized torrenting platforms that reward seeders for contributing to the network

P2P file-sharing has become a hot topic in the cryptocurrency world recently as Tron announces its planned release of BitTorrent Token (BTT). As of writing this article, there are no widely-scalable torrenting systems that incorporate blockchain and reward seeders. The current system – frequently relying on downloading/uploading ratios – only incentivizes uploading by forcing seeders to upload/seed in order to keep a specific ratio. But what if there was a system that made seeders WANT to seed? Both Project Atlas (BitTorrent) and Upfiring are two blockchain projects taking on this challenge – albeit with different approaches to the issue. Here are several key differences between the two systems. BitTorrent’s system, including using a BTT-aware client – will be optional. Upfiring’s will be mandatory. Users can proceed to use BitTorrent as they have been, even after Project Atlas and the BTT token are released. BTT-aware clients will allow users to offer incentives to seeders and earn BTT themselves through seeding. Meanwhile, Upfiring creates an entirely separate system through the creation of Upfiring files, with the file extension .ufr (jnstead of .torrent). Upfiring files are encrypted and packaged with price information, in UFR, and require downloaders to pay the UFR price in order to decrypt the files and access the contents inside. Project Atlas uses state channels, Upfiring uses smart contracts While both projects reward seeders with a token, they have different mechanisms of doing so. Project Atlas has elected not to incorporate smart contracts into their file-sharing method and instead use something called state channels, which allow token transfers to occur between 2 peers – which are then subsequently settled on-chain. Upfiring, in contrast, uses several smart contracts on the Ethereum network. These smart contracts distribute funds between all seeders of a file and allow users several capabilities such as depositing, withdrawing, and several others. Upfiring is an emerging project, Project Atlas is already building on a huge one It’s no secret that BitTorrent is extremely widespread. There are, according to BitTorrent, hundreds of millions of users already on the network. Meanwhile, Upfiring is a newer project founded in early 2017 that is still building a userbase. In addition, Upfiring’s (UFR) market cap is nearly 1000x less than Tron’s (TRX). This makes Upfiring a high-risk, high-reward investment – while TRX is generally more “established”  and well-known in the space. One thing is certain – this is an excellent use-case for the cryptocurrency. It solves the long-standing seeder issue – that is, seeders having no reason to continue seeding a file after downloading it. It remains to be seen which of these projects will capture the majority of the market, as both are in their early stages. Right now, Upfiring has a prototype dapp available – found here: https://github.com/upfiring/upfiring-update/releases. Meanwhile, Project Atlas has just released their official BTT Whitepaper, which can be found here: https://www.bittorrent.com/btt/btt-docs/BitTorrent_Token_Whitepaper.pdf The post Upfiring vs. Tron’s Project Atlas – A comparison of the two incentivized torrenting platforms that reward seeders for contributing to the network appeared first on ZyCrypto.
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Atlas Quantum CEO Says Access and Transparency Will Change All People’s Lives

Rodrigo Marques is the CEO and founder of Atlas Quantum, Latin America’s largest cryptocurrency investment platform. In fact, it’s Latin America’s largest cryptocurrency company, period. And he’s on a mission to make it a top five global one by 2020. I caught up with Rodrigo at Web Summit in Lisbon to find out more about The post Atlas Quantum CEO Says Access and Transparency Will Change All People’s Lives appeared first on CCN
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Atlas Interactive Advertising Now Launching Atlas Partner Program

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned The post Atlas Interactive Advertising Now Launching Atlas Partner Program appeared first on CCN
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Kakao’s Klaytn Partners with Atlas and Content Protocol to Push Mass Blockchain Adoption

One of South Korea’s biggest messaging firms, Kakao announced that its global public blockchain, Klaytn will enter into a partnership with Watcha and Atlas. The two large user pool based service providers in blockchain projects will work with Klaytn to push for mass adoption of the blockchain based service technologies. Notwithstanding, Klatyn has furthered its goals by partnering with top service providers including ‘Wemade Tree' and ‘Piction Network' in October and other blockchain projects such as ‘Contents Protocol' powered by ‘Watcha,' ‘Atlas' powered by ‘Zanadu,' and ‘BORA' developed by ‘Way2Bit.' Klaytn has partnered with Content Protocol and Atlas in a move that will see the partners deploy their decentralized applications (dApps) on the Klaytn mainnet once it launches. In addition to the marketing appreciation that will be strengthened by the partnership, Klaytn will also use the popularized blockchain to expand its networks/partnerships. Other Partners With Klaytn Blockchain The Klaytn blockchain has in the past few months made a couple of partnerships including SIN Protocol, Cloudbric by Penta Security, Insureum by Zitko and Antube, a short-video entertainment service powered by ‘DATA' integrated with Yomob. Speaking on the future of Klaytn’s partnerships, Jason Han, the CEO of Ground X, enforced their partnerships with successful firms as the key to building a user-friendly blockchain service. He further added, “Together with initial service partners, Klaytn will take the blockchain industry to the next level by focusing on creating meaningful real use-cases, which stands as the next key challenge in our industry.” Jason heads the development and operation of Klaytn blockchain protocol. Klaytn to Launch its Mainnet in 2019 After several successful trials of the Klaytn test net which was released privately in October, Klaytn announced the possibility of launching its mainnet in the first half of 2019. Klaytn provides user-friendly UX/UI and intuitive DX environment for developers to create blockchain services to increase the adoption of the technology. In addition to superior user experience, Klaytn separates CNs (consensus nodes) and RNs (ranger nodes) to divide roles between consensus and block replication in favor of efficiency. Klaytn will complete its test net period in 2019 offering users a chance to build service dApps on the platform. About Content Protocol Content protocol is powered by Watcha, a film rating app that has over 4.5 million users around the globe. Content Protocol will integrate blockchain technology to the app recording records users’ film-related activities including ratings, reviews, and recommendations on the Watcha app. Furthermore, the blockchain will allow users to gain incentives from their contributions on the application. About Atlas Atlas is powered by Zanadu, a leading Chinese luxury travel company. Atlas provides Zanadu’s 2 million+ users with a blockchain based travel guide and content platform. The company offers a highly decentralized platform for its consumers to share content, incentivize the content, transactions on the platform and a one stop shop for all your traveling needs. The blockchain platform has its goals set at integrating the whole travel industry on the immutable, secure and transparent blockchain.
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Justin Sun Claims New Project Atlas Tron dApp Will Help Usher in Next Crypto Bull Run

Ever since scaling to its apex in January, the global cryptocurrency market has been on a bit of a freefall. As a result of the major crashes that have taken place this year, almost all of the premier digital currencies within this space have lost a whopping 80% of their value. Owing to this reason many investors have started to wean away from this nascent domain and are holding back till things start to look positive once again. Also worth remembering is that many market experts had claimed that December 2018 would be the month when the altcoin sector would once again rise. However, as we all know, that has not been the case thus far, in fact, the month has already seen Bitcoin and some of the other premier assets drop to their lowest price point in quite some time. Justin Sun Remains Ever Bullish Recently, Binance CEO posted a question to his followers on Twitter which read: #DApp in #TRON and @BitTorrent project Atlas. #TRX $TRX https://t.co/gL0GtWwIPC — Justin Sun (@justinsuntron) December 8, 2018 Moments later, he received a reply from Justin Sun, the CEO and Founder of Tron Foundation, who claimed that ‘Project Atlas’ (which is built atop the Tron blockchain) will help usher in the next major bull run for the global altcoin market. Sun And Buterin Go At Each Other Our regular readers may remember, a couple of days back, Justin Sun and Ethereum co-founder, Vitalik Buterin, got into a verbal brawl when talking about the next wave of cryptocurrency adoption. On the subject, Buterin was quoted as saying that the next cause for a major bull run would be due to an “actual app rather than some internet hype”. Sun took offence to the aforementioned remark and commented that Buterin’s ETH platform itself runs solely on “hype” at the moment. Final Take This is not the first time Sun and Buterin have taken digs at one another. Earlier this year (in September), Buterin had claimed that “the crypto market would not witness another 1000x growth in terms of its overall price”, to which Sun immediately replied that much like a black hole, this market was set to “grow much bigger in the future”. Not only that, he also boldly proclaimed that the total cap of the cryptocurrency market would hit $10 trillion before Apple and Amazon would ever reach that figure.
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Ruling on XRP’s status as a security unlikely until late 2020

Disclaimer: These summaries are provided for educational purposes only by Stephen Palley. They are not legal advice. These are our opinions only, aren’t authorized by any past, present or future client or employer. Also we might change our minds. We contain multitudes. A consolidated class action in federal court in Oakland may one day lead a court to rule on (1) whether Ripple violated U.S. Securities laws by creating the XRP token and (2) whether XRP is a security. That day will not be in 2019, judging from a scheduling order entered by the Court on March 18. The Order sets forth a schedule for roughly the next twelve months. Here's what's going to happen: By March 20, Plaintiffs will publish a notice under federal law that verifies that they read the complaint, authorized its filing, didn't buy XRP in oder to become plaintiffs, and a number of other things that are set forth in the Private Securities Litigation Reform Act (a law that was passed purportedly to prevent abuses class action practice. [related id=1]In 60 days, any member of the "purported class" can ask the court to be appointed as lead plaintiff and to approve selection of their counsel. This is a big deal from a financial standpoint for the lawyers, because the class lead will almost certainly earn more if there's a favorable result. As a result, you will see some litigation over this in about two months (we had a taste of that in the Tezos class action litigation, if you've followed that case). 45 days after the Court chooses the lead plaintiff, they will file a new complaint, which will replace all of the other complaints that the different plaintiffs filed. (As a reminder, this particular lawsuit consolidates or brings together a bunch of separately filed suits against Ripple). 45 days after the new complaint is filed, Defendants have to respond. Instead of answering, it is a virtual guarantee that they will file motions to dismiss. The parties will have 30 days to reply to the motion. All of the cases are ordered consolidated for pretrial purposes, which means that depositions, written discovery and motions will all be handled in this one case by this particular judge. If we build in time for the Court to rule and for some potential delay in the class rep designation process, it's possible that the Court will rule on Motions to Dismiss by the end of this year. It's also possible that this will role into next year. It's a dicey proposition to speculate on motions that haven't been filed yet, but if we assume that the motion to dismiss is denied -- which is usually the case if a Complaint is reasonably well pleaded -- we'd probably see an answer on file in early 2020. Discovery, class certification motions, and dispositive motions will likely take place in 2020 and 2021. It's possible that when the Court rules on the likely Motion to Dismiss we will see an indication as to whether or not the Court thinks a security is at issue, but Motions to Dismiss generally speaking don't address the merits of a case -- they assume that the facts stated are true for purposes of ruling, and will only look at whether or not a viable claim was pleaded. In short, I wouldn't expect to see a ruling on XRP's status as a security until late 2020 at the earliest.
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IOTA / USD Technical Analysis: Game Changer

IOTA is bullish in the short-term, with the cryptocurrency trading well above its 200-period moving average The medium-term outlook remains bearish for the IOTA / USD pair, with the cryptocurrency still trading below its 200-day moving average Both time frames show potential inverted head and shoulders patterns building IOTA / USD Short-term price analysis In the short-term, IOTA has a bullish trading bias, with the cryptocurrency trading well above its 200-period moving average of the four-hour time frame. The four-hour time frame shows multiple inverted head and shoulders patterns, with price trading close to the neckline of the bullish patterns. If an upside breakout does occur, the larger bullish pattern’s overall bullish objective will likely be the November 15th trading high from last year.     IOTA / USD H4 Chart                                                                         (Source: TradingvView)     Pattern Watch Traders should note the target of the smaller bullish inverted head and shoulders pattern on the four-hour time frame will likely be the current 2019 trading high. MACD Indicator The MACD indicator on the four-hour time frame remains bullish, with the MACD signal line crossing higher. Relative Strength Index The RSI indicator on the four-hour time frame is bullish, although downside pressures are building. IOTA / USD Medium-term price analysis IOTA remains bearish in the medium-term, with the cryptocurrency still unable to move above its key 200-day moving average. The daily time frame clearly shows two potential inverted head and shoulders patterns that could start to take shape over the medium-term. The upside projection of the smaller inverted head and shoulders pattern would take the IOTA / USD pair towards levels not seen since October 2018. Technical indicators on the daily time frame remain bullish and continue to signal further gains ahead.     IOTA / USD Daily Chart                                                 (Source: TradingView)     Pattern Watch It is worth noting that the IOTA / USD pair’s 200-day moving average is located just below the neckline of the smaller inverted head and shoulders pattern. MACD Indicator The MACD indicator on the daily time frame is bullish and generating a buy signal. Relative Strength Index The RSI indicator is bullish on the daily time frame, although it is starting to correct lower. Conclusion The presence of multiple inverted head and shoulders patterns on the four-hour time frame highlights that the IOTA / USD pair has scope to trade much higher over the short-term. A sustained technical breakout above IOTA’s 200-day moving average would be a game changer for the cryptocurrency over the medium-term, although caution is advised until a bullish breakout is confirmed.   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IOTA(IOT) Price $0.310 Market Cap$862,262,752.00 #ccpw-ticker-24524 .ccc-chart-header { background: #1c71ff} #ccpw-ticker-24524 #ccc-chart-block .exportBtnTop, #ccpw-ticker-24524 a.tabperiods.tabperiods_active, #ccpw-ticker-24524 .coin_details { color: #1c71ff; background: rgba(28,113,255,0.15); } #ccpw-ticker-24524 .coin_details { border: 1px solid rgba(28,113,255,0.16); } .ccpw-container_chart #ccpw-ticker-24524 .coin-container:after, .ccpw-container_four #ccpw-ticker-24524 .coin-container:after {border-color:#ccc !Important;} Join the conversation on Telegram and Twitter!   Decentral Media, Inc., the publisher of Crypto Briefing, is not an investment advisor and does not offer or provide investment advice or other financial advice. Nothing on this website constitutes, or should be relied on as, investment advice or financial advice of any kind. Specifically, none of the information on this website constitutes, or should be relied on as, a suggestion, offer, or other solicitation to engage in, or refrain from engaging in, any purchase, sale, or any other any investment-related activity with respect to any transaction. You should never make an investment decision on an investment based solely on the information on our website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an investment. The post IOTA / USD Technical Analysis: Game Changer appeared first on Crypto Briefing.
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During Second Half of 2018, Vitalik Buterin Cashed Out $40 Million in Ethereum (ETH)

With so many prominent figures in the cryptocurrency world, it should come as no surprise that a deep dive into the history of these influencers arises every now and then. Alex Sunnarborg, who is a founding partner of the Tetra Capital crypto hedge fund, decided to dig into the historical account data of Vitalik Buterin. […]
Bitcoin Exchange Guide

Adoption: Customers can now pay with IOTA in Stores that Accept Apple Pay and Samsung Pay following Zeux Integration

As a means of encouraging wider use, Payments and banking services app Zeux has integrated IOTA (MIOTA) for crypto payments in stores for retailers in a collaboration with IOTA Foundation. This is to be fully available in a few weeks time according to an announcement by the Zeux team on Medium. According to founder and co-chairman of IOTA Foundation David Sønstebø, this partnership is a major step for the company that will make IOTA use more convenient. “This partnership with Zeux will provide a significant convenience benefit for IOTA ecosystem. We are very excited about this. Now IOTA digital currency can be used as payment with merchants that accept Apple Pay and Samsung Pay. By combining existing technology with another form of currency, this is a big step forward towards the adoption of crypto for the masses.’’ Speaking on the partnership, Founder and CEO of Zeux Frank Zhou said it is an avenue to increase the adoption of the digital asset and is just the first step to giving IOTA users more financial freedom. Meanwhile, IOTA has gained over 5% since the announcement of its integration with Zeux. this is an indication of the potential adoption this cryptocurrency stands to gain as a result of the integration which will bring it to thousands if not millions of users worldwide. Zeux is an app of the UK origin that provides payment services. The app is to be launched in April and made available in Europe within the year and America in 2020. Its integration of IOTA is a win-win as the CEO described IOTA’s Tangle as an ideal platform for them to build their customer data Dapp. Tangle is a specialized distributed ledger technology that is specifically meant for the internet of things, which the IOTA Foundation’s primary mission is to support. Apart from fee-less real-time payments, the Tangle is also an open-source protocol that facilitates secure data transfer and the collection and dissemination of sensor-based and other data. Zeux mission is to bring crypto as well as fiat micropayments to retail stores around the world through facilitating fee-less real-time payment as well as enabling integration of banking and investment services with it in one, making it a convenient way to do everything with funds without going out of the app. The post Adoption: Customers can now pay with IOTA in Stores that Accept Apple Pay and Samsung Pay following Zeux Integration appeared first on ZyCrypto.
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