Atlas news

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.

World latest news

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.
Bitcoin Exchange Guide

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.
ZyCrypto

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
CCN

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
CCN

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.
Bitcoin Exchange Guide

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.
Bitcoin Exchange Guide
More news sources

Atlas news by Finrazor

Trending

Hot news

Hot world news

Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust

Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust Digital currency investment group Grayscale confirmed it had successfully launched its latest fund, dedicated to Stellar’s Lumens (XLM) token, in a tweet Jan. 17. Grayscale, which now operates nine cryptocurrency funds, timed the move to coincide with a change of image for its products, renaming all its […] Cet article Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust est apparu en premier sur Bitcoin Central.
Bitcoin Central

Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project

CoinSpeaker Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project Until now, everybody has been talking about Bitcoin, the most popular and widely used digital currency. However, Bitcoin is unable to process thousands of transactions a second. Researchers from the Massachusetts Institute of Technology (MIT), UC-Berkeley, Stanford University, Carnegie Mellon University, University of Southern California, and the University of Washington have decided to fix such a weakness and develop a crypto asset better than Bitcoin. The researchers are working together as Distributed Technology Research (DTR), a non-profit organization based in Switzerland and backed by hedge fund Pantera Capital. The first initiative of Distributed Technology Research is the Unit-e, a virtual coin that is expected to solve bitcoin’s scalability issues while holding true to a decentralized model and process transactions faster than even Visa or Mastercard. Babak Dastmaltschi, Chairman of the DTR Foundation Council, said: “The blockchain and digital currency markets are at an interesting crossroads, reminiscent of the inflection points reached when industries such as telecom and the internet were coming of age. These are transformative times. We are nearing the point where every person in the world is connected together. Advancements in distributed technologies will enable open networks, avoiding the need for centralized authorities. DTR was formed with the goal of enabling and supporting this revolution, and it is in this vein that we unveil Unit-e.” According to the press release, Unit-e will be able to process 10,000 transactions per second. That’s worlds away from the current average of between 3.3 and 7 transactions per second for Bitcoin and 10 to 30 transactions for Ethereum. Joey Krug, a member of the DTR Foundation Council and Co-Chief Investment Officer at Pantera Capital, believes that a lack of scalability is holding back cryptocurrency mass adoption. He said: “We are on the cusp of something where if this doesn’t scale relatively soon, it may be relegated to ideas that were nice but didn’t work in practice: more like 3D printing than the internet.” The project’s ideology is firmly rooted in transparency, with a belief in open-source, decentralized software developed in the public interest with inclusive decision-making. The core team of the project is based in Berlin. To solve the scalability problem, DTR has decided to develop the Unit-e with parameters very close to Bitcoin’s design, but many things will be improved. Gulia Fanti, DTR lead researcher and Assistant Professor of Electrical and Computer Engineering at Carnegie Mellon University, commented: “In the 10 years since Bitcoin first emerged, blockchains have developed from a novel idea to a field of academic research. Our approach is to first understand fundamental limits on blockchain performance, then to develop solutions that operate as close to these limits as possible, with results that are provable within a rigorous theoretical framework.” The launch of the Unit-e is planned for the second half of 2019. Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project
Coinspeaker

BitPay CEO Says Bitcoin Is Solving Real Problems Around the World

BitPay co-founder and CEO, Stephen Pair, has recently commented that Bitcoin (BTC) is solving several issues around the world. He said that in a press release uploaded a […] The post BitPay CEO Says Bitcoin Is Solving Real Problems Around the World appeared first on UseTheBitcoin.
Use The Bitcoin

Trillion Dollar Market Cap, Ethereum Chain Splits & Stellar Lumens Fund - Crypto News

In this video, Mattie gives you the latest bitcoin and crypto news. He talks about the ethereum chain splitting, BitGo CEO Says Institutional Money in Crypto Can ‘Easily’ Reach Trillions of Dollars, and a new Stellar Lumens fund. This is a daily segment! ----------------------------------------------------------------------------------- CHECK OUT OUR PODCAST: https://bit.ly/2sZCAiF New episode every Monday and Friday! ----------------------------------------------------------------------------------- Check out Altcoin Buzz Ladies! https://www.youtube.com/channel/UCxulvI2C9wUvvDDNS7S35fA/videos ---------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: https://bit.ly/2GDAoCp Facebook: https://bit.ly/2wYksLB Telegram: https://bit.ly/2IAqDuI ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: https://bit.ly/2rWQnHa CoolWallet S: https://bit.ly/2Liy5bv Trezor: https://bit.ly/2IXrZic Ledger Nano S: https://bit.ly/2IyE3al KeepKey: https://bit.ly/2x5TlhM Read about them here: https://bit.ly/2rTdthZ --------------------------------------------------------------------------------- References: Leading Crypto Asset Manager Grayscale Launches Stellar Lumens Trust https://www.altcoinbuzz.io/crypto-news/finance-and-funding/leading-crypto-asset-manager-grayscale-launches-stellar-lumens-trust/?fbclid=IwAR2AlAU_C_8Mm9CUm2hDci0pmdW3pvLzphS-BSy888SzDptaXMeifxZgJ1I Crypto Investment Firm Grayscale Launches Fund Dedicated to Stellar Lumens (XLM) https://www.cryptoglobe.com/latest/2019/01/crypto-investment-firm-grayscale-launches-fund-dedicated-to-stellar-lumens-xlm/ Grayscale Tweet https://twitter.com/GrayscaleInvest/status/1085904356635959297?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1085904356635959297&ref_url=https%3A%2F%2Fwww.altcoinbuzz.io%2Fcrypto-news%2Ffinance-and-funding%2Fleading-crypto-asset-manager-grayscale-launches-stellar-lumens-trust%2F Grayscale https://grayscale.co/stellar-lumens-trust/ BitGo CEO Says Institutional Money in Crypto Can ‘Easily’ Reach Trillions of Dollars As Company Launches Cold Storage Trading https://dailyhodl.com/2019/01/17/bitgo-ceo-says-institutional-money-in-crypto-can-easily-reach-trillions-of-dollars-as-company-launches-cold-storage-trading/ Crypto’s Billion-Dollar Theft Problem Prompts Safer Way to Trade https://www.bloomberg.com/news/articles/2019-01-16/crypto-s-billion-dollar-theft-problem-prompts-safer-way-to-trade Ethereum Chain Splits, An Estimated 10% of Miners Stay on Constantinople https://www.trustnodes.com/2019/01/17/ethereum-chain-splits-an-estimated-10-of-miners-stay-on-constantinople Ethereum Upgrade – Constantinople Hard Fork Delayed https://www.altcoinbuzz.io/crypto-news/product-release/ethereum-upgrade-constantinople-hard-fork-delayed/ VanEck to Nasdaq: Bitcoin Market Structure Expected to Improve in 2019 https://www.newsbtc.com/2019/01/17/vaneck-to-nasdaq-bitcoin-market-structure-expected-to-improve-in-2019/ Nasdaq Tweet https://twitter.com/Nasdaq/status/1085522054559031296?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1085522054559031296&ref_url=https%3A%2F%2Fwww.newsbtc.com%2F2019%2F01%2F17%2Fvaneck-to-nasdaq-bitcoin-market-structure-expected-to-improve-in-2019%2F -------------------------------------------------------------------------------- DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
Altcoin Buzz
By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.