A proposed scaling solution for Ethereum via an off-chain layer.

World latest news

Blockchain Firm BANKEX To Launch Security Token Exchange

Malta-based Fintech BANKEX will be launching its own token exchange that will enable trade of basic pairs of utility tokens and complex security tokens connected to real-world assets. BANKEX operates a Proof-of-Asset Protocol to bring Bank-as-a-Service (BaaS) and blockchain together and facilitate the digitization, tokenization and exchange of traditional assets, ushering in a new era for finance and banking: Securitization 2.0. Its infrastructure services and technologies include the STO framework, which offers services covering the entire life cycle of a security token. Other offerings include custody service, Ethereum Plasma Prime, supply chain, and digital deal. The company’s new token exchange will serve as a secondary market for security tokens and will support ERC-1400 and ST-20 token standards, as well as its own ERC-888 security tokens that incorporate know your customer (KYC) verification methods. The trading platform will store crypto assets in BANKEX Custody Service, an eminently secure cold storage depository. It will undergo a brief evaluation period over the next few weeks to ensure optimal operations for all customers. “The tokens that will be supported by the new exchange will only be available to people who have gone through and been approved by KYC and AML procedures,” the company said. “The author of a token, i.e. the business or the developer that is responsible for the token offering, can create and monitor rules for both the KYC and AML procedures.” The company said that they will apply for a Virtual Financial Assets Act service provider license in Malta next year in order to list security tokens in full accordance with Maltese legislation. “The Malta Financial Services Authority license is granted only to exchanges that have strong know your customer (KYC) and anti-money laundering (AML) procedures in place,” the company said. “In conjunction with this initiative, BANKEX is also working towards getting licenses in Switzerland, South East Asia, the United States, and the Cayman Islands.”

How Plasma and Digitex Will Accelerate Crypto’s Mass Adoption

CoinSpeaker How Plasma and Digitex Will Accelerate Crypto’s Mass Adoption Crypto futures exchange Digitex Futures Ltd has recently launched its live demo and announced its new collaboration with the core developers of Ethereum’s Plasma, Matter Inc. Adam Todd, the company’s founder and CEO, is going to take part in this week Malta Blockchain Summit, where he will speak on the topic of Ethereum blockchain and Plasma, as well as its impact on Digitex. During his speech, all the rest Summit participants will be able to watch a live unveiling of Digitex’s demo, ahead of its scheduled Version 1 launch of Digitex Futures in December 2018. According to Adam Todd, the decision to choose Malta as the location of the live demo was made due to the island nation’s progressive views on blockchain: “Malta is, without doubt, the Blockchain Island and we feel at home among so many brilliant and receptive minds. We can’t wait to make history not only by knocking the futures industry on its head but by adding the most secure and technologically flawless Plasma solution to our platform.” The Early Access Waitlist for joining the Digitex platform is currently available for the newcomers, with more than 400,000 people, who have already signed up. The company offers special bonuses for the early participants. The first 5,000 users will be granted with 1,000 Digitex native tokens (DGTX) and will be able to use the futures – referrals will bump users up that list. Digitex represents itself a company that has been chosen among thousands of others to become one of the first platforms to incorporate Plasma into its technology tech.  Above all, it will be the first hybrid digital exchange to offer Plasma. The exchange differs from all others as it allows traders to use Digitex Futures and to buy and sell Bitcoin, Litecoin, and Ethereum futures contracts with zero commissions. Profit and loss will be in DGTX denominations, with the token entrenched in the top 100 cryptocurrencies (by market capitalization) after strong growths over the past weeks. Adam Todd has expressed his excitement about the unique opportunity to implement Plasma, the much-touted solution to Ethereum’s scaling issues, noting that Digitex was a logical choice to do this: “We’re breaking the mold with our commission-free non-custodial trading model and now we’re able to offer our traders the most cutting-edge technology solution available. We couldn’t be happier.” The company’s innovation in tandem with Plasma solution allows for countless decentralized application (DApps) on the Ethereum blockchain to scale quickly to massive audiences. The collaboration with Plasma developers will allow for making billions of transactions off-chain, which will propel crypto into the true era of mass adoption. Research head at Matter Inc. Alex X explained that users will experience a shift in power, as they gain ownership of data and, therefore, greater responsibility: “I think that the implementation of a non-custodial futures exchange is a great first step on this long road – it does not require an enormous R&D to achieve great user experience as in the case of decentralized spot markets (also known as decentralized exchanges or DEXes), but allows to start building an ecosystem and shift users habits from centralized to decentralized solutions.” DGTX has also been recently listed on leading crypto exchange HitBTC so is freely available on the open market. How Plasma and Digitex Will Accelerate Crypto’s Mass Adoption

First dApp On OmiseGo (OMG) Launches, Plasma Dog, as an 80’s Styled 2-D Video Game

OmiseGo has announced the launch of the first dApp on its network: Plasma Dog, which marks the platform's first move towards a well-established dApp network. The game is called Plasma Dog! Play the game here: And check out the transactions on our internal testnet: #Plasma #blockchain #OmiseGO #HoardExchange #Devcon4 — OmiseGO (@omise_go) November 1, 2018 OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants. Unlike nearly all other decentralized exchange platforms, this allows for the decentralized exchange of other blockchains and between multiple blockchains directly without a trusted gateway token. The OMG network is a scaling solution for finance on Ethereum, enabling transparent, peer-to-peer transactions in real-time. The game was created by Hoard which is a development group for crypto video games. This game is an old-school 2D side-scroller, which is similar to the original Super Mario. Plasma Dog is a comical take on the crypto industry, making use of common terms as characters in the game. The game’s enemies include double spends, faulty child chains, invalid blocks, atomic swaps, and node collusion. Plasma Dog’s internal reward is a token, which is simply called UTXO. UTXOs are distributed to players for standard gameplay; they’re collected as Plasma Dog traverses Blockchain World. Whenever new coins are collected by the player, UTXO Tokens are sent by the server to the player’s wallet. Once the token is in your wallet, players are then able to transact with them freely. The biggest advantage of this game over a traditional Atari shooter is that it doesn’t end when it turns off. “Plasma Dog demonstrates that Plasma MVP can scalably process real-time gaming transactions. And it’s running without a hitch!” says Chris Robison, Community Manager for the Hoard team. Notably, OmiseGo is not particularly a gaming platform and solves financial problems like banking the unbanked. However, Hoard said: “ The partnership is a match made in crypto-heaven because OmiseGO’s ambitious mission is to Unbank the Banked. Consider this: who is more “banked” than gamers? Except for a handful of blockchain-based game experiments, all video game assets ever are held by a custodian — their games’ servers.” Although the game is currently live on OMG Testnet, it soon will be implemented on Hoard’s software development kit (SDK). According to the company, in the future, a user will br able to pay for a cup of coffee using Plasma Dog.
Bitcoin Exchange Guide

Plasma Dog: The First dApp On OmiseGo

When it comes to games, the blockchain can be a dull beat. Call of Duty: Senseless Violence has not yet become a big hit on Ethereum, but there’s one dApp that’s won’t make you fall asleep. Hoard, a blockchain development company, has teamed up with OmiseGo (OMG) and accomplished two feats which previously seemed impossible: successfully demonstrating a scaling solution, while also not boring you to death. Introducing “Plasma Dog,” the first dApp on the OmiseGo blockchain, and a good way to kill a few hours. Plasma Dog is a retro, 1980’s style side-scroller: you play “Officer Dog,” a blockchain-dwelling canine in a quest to capture “UTXO’s” and “Atomic swaps” while avoiding spikes, “Double Spends,”  “Invalid Blocks” and other cryptographic esoterica. The game was developed in advance of DevCon 4, and is intended to demonstrate the viability of Plasma as a scaling solution for OmiseGo.   I wonder if the final boss is Craig Wright.   But unlike the average Atari shooter, the game doesn’t end when you turn it off; prizes collected in-game can be added to the players’ blockchain address, allowing complete, permanent possession of the virtual items. “The coins are called “UTXOs” and they are sent to the player’s wallet in real time as Plasma Dog traverses and collect them throughout Blockchain World,” explains Chris Robison, Community Manager for the Hoard team. “When players accomplish certain achievements, those are also added to the player’s address.” Plasma Dog wasn’t just invented to satisfy our ‘80s nostalgia, and the Hoard team regards it as proof that the Plasma child chain is a viable solution for inexpensive, high levels of transaction throughput. “Plasma Dog demonstrates that Plasma MVP can scalably process real time gaming transactions,” Robison said, in an email. “And it’s running without a hitch!”   They didn’t strain their creativity on the character names.   OmiseGo is not typically considered a gaming platform, and is more targeted to banking and finance rather than jumping dogs. However, Hoard says that using the chain for in-game assets is a logical stepping stone to financial use-cases:  The partnership is match made in crypto-heaven because OmiseGO’s ambitious mission is to Unbank the Banked. Consider this: who is more “banked” than gamers? Except for a handful of blockchain-based game experiments, all video game assets ever are held by a custodian — their games’ servers. By starting with in-game assets, and demonstrating the possibility of true ownership without trusted custodians, Hoard says that they have demonstrated the scalability of Plasma for financial and other asset transactions: While the long term vision of the OMG Network is primarily to process traditional financial payment activities, it makes a lot of sense to begin with video games. Video games require all the same functionality as legacy finance: you need to be able buy, sell, trade, rent, loan, collateralize, incorporate (guilds), etc. In fact, in many cases video games require greater levels of complexity than are even possible in the real world. Plasma Dog currently lives on OMG Testnet, but the game design will later be implemented into Hoard’s software development kit (SDK), providing the architecture for a future global marketplace for in-game items. “[B]ecause Hoard will continue to leverage the OMG Network on its journey to mainnet, all Hoard games will instantly be able to take advantage of all of OMG’s fiat payment gateway on-off ramps,” Hoard says. “This means that in the future you will be able to seamlessly exchange your Plasma Dog tokens for a cup of coffee at your neighborhood cafe. Wow!” That’s a pretty tall order, and they may be overpromising. I’d be happier if I could finish the damn game.   The author is not invested in OMG, but owns digital assets.    The post Plasma Dog: The First dApp On OmiseGo appeared first on Crypto Briefing.

Combating Plastic Pollution using Technology

Source: vox.comThe so called progressive industrialisation has probably done more harm to our planet than good. Today, the world has found itself amidst the crisis of waste management, specifically plastic waste management.If we step back and look at the bigger picture by the numbers, the picture is much more ugly than we can even imagine.Source: sailorsforthesea.orgThey said diamond is forever, but hey! Plastic is forever too.We all know how severe the problem of waste management is, especially for the developing countries due to lack of resources. This is where technology kicks in.According to a recent study, 90 percent of plastic debris in the ocean comes from 10 rivers, eight in Asia and two in Africa.Let’s talk about solutions.There is enough plastic in this entire world that we could stop mining oil for a while and use the available trash to generate some energy. Yes, it is possible to generate energy out of plastic.How we can turn plastic waste into green energyFundamentally, plastic is made up of carbon and hydrogen, which is essentially what fossil fuels are made up of.According to the link above, plastics are among the most valuable waste materials — although with the way people discard them, you probably wouldn’t know it. It’s possible to convert all plastics directly into useful forms of energy and chemicals for industry, using a process called “cold plasma pyrolysis”.Apart from the above mentioned solutions, we all can contribute to the cause bit by bit. Here’s how.Stop Ocean PlasticLet’s look at the example of Plastic Bank. A blockchain company based in Indonesia whose aim is to reduce flow of plastic into the oceans. Any regular person can collect plastic waste from around their surrounding (for example, from their own house, or some factory nearby) and deposit the plastic in the plastic bank. In exchange, they can get money or energy or internet or some commodity.The video below explains everything beautifully! are so about a 100 more startups who strive to achieve the same results. Today, it is not at all tough to contribute to the noble cause. In fact, it is imperative to tackle the problem now or else all advancements the mankind is making in the field of technology would render futile because there won’t be a planet to live at all. Some may argue that Mars is ready for us, but to clear those doubts; we have to wait for a few more centuries to destroy Mars again.There is a beautiful documentary made by NatGeo which I saw last evening. It describes how far or near are we to make Mars our home. Here’s the link: Plastic Pollution using Technology was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
More news sources

Plasma news by Finrazor


Hot news

Hot world news

Ethereum HARD FORK 2019? Biggest Challenge in Crypto...

Let's discuss the Constantinople hard fork that is now scheduled for January. Also, I want to discuss the biggest issue the crypto ecosystem faces in the coming years. GET FULL ACCESS TO THE ACADEMY: LET’S MEET IN NEW YORK: 💰 GET $10 TO BUY YOUR FIRST CRYPTO: 🏆 BUY PHYSICAL BULLION GOLD: 📈 BEST ALTCOIN EXCHANGE: 🔐 BEST WALLET: Good Morning Crypto 🎓 LEARN SMART CONTRACT PROGRAMMING 🎓 Join my online academy 👬 Join the crypto discussion forum - 📣 Join Telegram channel 🎤 If you would like me to speak at your conference, book me here: #bitcoin #blockchain #ivanontech 👫👭👬Social: LinkedIn: Instagram: Steemit: Facebook: Exclusive email list: DISCLAIMER: This is NOT financial advice. This is just my opinions. I am not responsible for any investment decisions that you choose to make. Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins. Ivan on Tech by Ivan Liljeqvist
Ivan on Tech

Brave Browser Confirmed as HTC Exodus’ Default Web Browsing App

HTC is resolved to win the race for the best blockchain phone on the market. Its commitment to the community seems to be genuine and not only have they bet on accepting payment exclusively in cryptocurrencies to promote their use but also decided to include third-party software that makes use of these technologies. In a tweet published a few hours ago by Mr. Brendan Eich, CEO of Brave Software, he expressed his satisfaction after confirming HTC’s decision to include Brave as the Exodus’ default web browser. We are very happy to have @Brave as default browser & to be working with HTC on their Exodus phone: — BrendanEich (@BrendanEich) December 8, 2018 Brave Browser: Using Basic Attention Token (BAT) To Create a Better Internet Brave Browser uses blockchain technologies to improve the user experience and change the way content providers relate to consumers. The idea is to make browsing faster and more convenient by rewarding not only users for consuming content but also giving them the ability to benefit content creators. “Once you enable Brave Rewards, the Brave browser automatically and anonymously keeps track of sites each user visits. The more times that a user visits a site, the larger the proportion of the user’s monthly contribution is “ear-marked” for that content creator. When contributions for a content creator exceed $100.00 USD, an email is sent to both the webmaster of the site and the registered domain owner from your WHOIS information. The email explains how to verify the ownership of your website with Brave Software.” The token used by Brave Browser is the Basic Attention Token (BAT), a cryptocurrency that has recently gained considerable popularity, especially after the announcement that it has been supported by Coinbase to be traded on its platform. #brave the new browser from @BrendanEich @brave wants to reward users with #cryptocurrencies to see ads and make browsing cleaner and safer #DMT18 — ralfscharnhorst (@RalfScharnhorst) December 6, 2018 Blockchain-Phones: The New Trend For its part, the HTC Exodus 1 Phone is a phone created by HTC with blockchain technology focused on those users who want to manage their crypto coins from their mobile phone without additional hardware. To do this, HTC developed its own hardware wallet with multi-asset support. The wallet is named Zion and runs on independent hardware embedded into the phone. The main competition of the HTC Exodus, is the Sirin Labs’ Finney Phone, a device that has similar features but runs under a proprietary Operating System developed as an Android fork. The post Brave Browser Confirmed as HTC Exodus’ Default Web Browsing App appeared first on Ethereum World News.
Ethereum World News

Bitcoin Cash on Gemini, Robinhood Hints at TRON - Today's Crypto News

Visit our website: In this video, Mattie talks about Bitcoin Cash being listed on the Gemini exchange and rumours about Robinhood listing Tron. He also gives you the latest from our Community Speaks segment and the eos hackathon winner. This is a daily segment! ----------------------------------------------------------------------------------- CHECK OUT OUR PODCAST: New episode every Monday and Friday! ----------------------------------------------------------------------------------- Check out Altcoin Buzz Ladies! ---------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: Facebook: Telegram: ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: CoolWallet S: Trezor: Ledger Nano S: KeepKey: Read about them here: --------------------------------------------------------------------------------- References: Crypto Exchange Gemini Adds Support for Bitcoin Cash (BCH) Trading and Custody Bitcoin Cash Is Now Available on Gemini! Robinhood Hints That It might List TRON Robinhood Tweet DERO Introduction – Community Speaks DERO EOS Global Hackathon Winner Announced EOS VC Rewards GeneOS with 500,000$ Genomic Project GeneOS Wins Grand Prize of US$500,000 at EOS Global Hackathon Grand Finale in Cape Town -------------------------------------------------------------------------------- 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

Mining Company Sues Roger Ver & Group for BCH Hard Fork Price Manipulation

The American company Unitedcorp has filed a lawsuit against "bitcoin cash ABC" supporters. The company accuses the supporters of hiring mining power in order to control the bitcoin cash network. The Bitcoin Cash hard fork that took place several weeks ago resulted in two version of Bitcoin Cash, supported by two opposing parties: the Bitcoin ABC version, which uses the ‘BCH’ ticker symbol; and Bitcoin Cash Satoshi’s Version, which uses the ticker symbol ‘BCHSV.’ The lawsuit claimed that Roger Ver,, Bitmain, and co-founder Jihan Wu, crypto exchange Kraken and founder Jesse Powell, and Bitcoin ABC developers Amaury Sechet, Shammah Chancellor and Jason Cox centralized bitcoin cash and manipulated the price during its contentious hard fork. Especially by dedicating mining power in theory assigned to mining the bitcoin blockchain to mining what was then referred to as the Bitcoin ABC chain.  After the split, supporters of both sides of bitcoin cash have been “fighting” against each other in order to become the biggest “bitcoin cash”.

Basic Attention Token [BAT]: Brave is now available as the default browser on HTC Exodus phone

In a recent tweet by Brendan Eich, the CEO and Co-Founder of Basic Attention Token [BAT] and Brave, announced that Brave has been made as the default browser on HTC Exodus phones. Tweet by Brendan Eich: “We are very happy to have @Brave as default browser & to be working with HTC on their Exodus phone” In October 2018, Brave introduced the newer version of the browser which is compatible with all Chrome extensions. This version was named as Brave 1.0, which is a desktop browser with 22% faster browsing speed compared to older versions of Brave. During this announcement, the team also mentioned that they were working on multi-core capacity on the browser speed, the performance of the browser on mobile devices etc. Recently, HTC announced Exodus 1 as their first cryptocurrency enabled smartphone. The phone provides a storage solution for cryptocurrencies and gives accessibility to blockchain-based applications. An Android application named Zion, which is separated from the operating system of the phone has the ability to store all the private keys of the users. A Redditor named jajarz says: “HTC is a dying company, but they are going all in on hardware the incorporates future developments like VR, and Crypto. If they pull this off theyll be the next Apple.” Another Redditor named Gromerando says: “HTC phones run on Android, having Brave as default browser will only prevent Google from getting ur browsing habits, only if Google is not the default search engine on the browser So don’t really see the excitement as Google will still be able to track your every move” Brendan Eich, who is also the Founder of JavaScript and the Co-Founder of Mozilla project created both the Brave browser and Basic Attention Token [BAT]. The cryptocurrency BAT is an ERC-20 utility token which is used for all the advertising purchases and revenue on the browser. The post Basic Attention Token [BAT]: Brave is now available as the default browser on HTC Exodus phone appeared first on AMBCrypto.
By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.