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DASH Launches its Most Significant Upgrade to Date. See What’s New

After several months of development, DASH announced the release of Dash Core v0.14, an update that promises to increase the security (51% attack resistance) and efficiency (instasend) of this blockchain, making it even more popular among crypto users.

Ryan Taylor, Dash Core CEO
Ryan Taylor, Dash Core CEO

This, in turn, is an advance over the long-term project known
as Dash Evolution, a platform that aims to make the blockchain a faster and
safer option than any fiat alternative currently available.

“The Dash Project has always been focused on making cryptocurrency accessible to everyone regardless of technical expertise. The Evolution platform is going to make that vision a reality, delivering decentralized, PayPal-like experience to users that is necessary for mass adoption and becoming relevant to people in their daily lives” said Dash Core Group CEO Ryan Taylor

What’s New?

Version 0.14 of Dash Core introduces 3 fundamental
improvements according to an article published by the Dash team in their
official blog:

  • Long-Living Masternode Quorums (“LLMQs”), which will increase scalability through improved consensus and expand the universe of potential use cases of the network;
  • LLMQ-Based ChainLocks, which leverage LLMQs to improve network security by mitigating 51% mining attacks; and
  • LLMQ-Based InstantSend, using LLMQs to not only improve network scalability but in combination with ChainLocks will allow for secure, real-time payments.

The previous updateintroduced other important changes such as automatic InstaSend, a deterministic masternode list, Special Transactions and improvements on private txs, options to speed the mining process and an additional denomination of 0.001 units.

Dash Achieves a Milestone in the Industry

The advances of Dash and the interaction of developers, masternode owners, and community, have allowed the blockchain to grow beyond the speculative aspect. Its presence in certain countries is very important (e.g. Venezuela, where it is one of the most widely adopted cryptos, easily surpassing others with larger marketcap) and it is widely accepted by merchants around the world.

Ryan Taylor is confident that he has achieved a milestone not only in the history of this project but in the history of all the tokens with PoW algorithms. From his point of view, now Dash is not only practically invulnerable to a hypothetical 51% attack but they can diversify their use cases:

“The release of Version 0.14.0 is a significant leap forward … In addition to bolstering our network security via ChainLocks -making our network the first Proof of Work blockchain to essentially eliminate the threat of a 51% attack- the official introduction of LLMQs opens up a whole new world of potential use ca

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Coinmarketcap Wants More Transparecy: Exchanges Must Now Prove Their Volume

CoinMarketCap Index Bloomberg Nasdaq

Coinmarketcap is taking very seriously its commitment to promote transparency and trust in the ecosystem. In a post published on its official website on the occasion of the platform’s birthday, the company explained how its team is working hard on redesigning the way they collect and share information.

coinmarketcap logo
Coinmarketcap Logo

The CMC team explained that they are aware of their responsibility. After 6 years, Coinmarketcap has become the most used and reliable tracking service of the crypto-verse, which is why they decided to do something about the comments that questioned the reliability of the information provided by the exchanges and published on coinmarketcap.com.

As covered before by Crypto Crimson, the crypto index fund provider Bitwise Asset Management sent a study to the SEC revealing that about 95% of the total trading volume reported by exchanges is fake. After the news spread, Coinmarketcap announced its plans to counter this scenario and present reliable information to the public.

Coinmarketcap Announces DATA

The initiative launched a few hours ago is known as DATA (an acronym for Data Accountability & Transparency Alliance) and seeks to promote a global alliance with crypto exchanges to provide “greater transparency, accountability, and disclosure from projects in the crypto space.”

CMC explained that DATA’s main objectives are:

  • Review, align, and enhance reporting standards across the industry.
  • Identify gaps, propose strategies and measures to enhance data accountability and transparency.

The platform also noted that a significant number of
exchanges have already joined the initiative:

“Today, 12 exchanges have already joined the Alliance to lead the data transparency cause: Binance, Bittrex, OKEx, Huobi, Liquid, UpBit, IDEX, OceanEX, Gate.io, KuCoin, HitBTC, Bitfinex, and with many more DATA partners to follow.

Each of these exchanges is contributing significantly to the ongoing standard-setting discussions, and are paving the way for accountability and disclosure in the cryptocurrency space.

Should an exchange fail to comply with coinmarketcap policies, its stats “will be excluded from all price and adjusted volume calculations on the site”

Also, they announced a platform overhaul, adding new features such as a block explorer compatible with Bitcoin and Ethereum, a virtual store, updates to its Crypto API pricing, and the much awaited Android and iOS apps.

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Tron (TRX) Registers New Block Height Record. Justin Sun Announces Layer 2 Solution To Achieve 100X Scalability

TRON TRX ALS Association

Tron (TRX) continues to build a reputation as one of the most popular blockchains in the community, especially for developers, whom every day bet on this platform to build their Dapps. According to data from DappReview, the blockchain promoted by Justin Sun has more than 320 active Dapps, which generate at least one million transactions a day.

Yesterday, Tron set a new record by surpassing a blockchain height of more than 8 million. The news was reported by TronScan noting that the accelerated growth of the network is a sign not only of its acceptance by users but the effort of the Tron team to decentralize the Internet.

Block height is a statistic that reflects the number of blocks uploaded to a blockchain. The higher the number of blocks, the greater the usability and auditability of a blockchain. Likewise, a high level of TPS and block generation allows a blockchain to withstand periods of stress better.

Justin Sun replicated the information with its followers, without making any further comments:

Just four months ago, Tron broke the 4 million block mark. At that time the number of active accounts was 588048. Today the number of accounts reaches 2369947 with 1801693 transactions made during the previous day.

Sun Network: The Layer 2 Solution To Achieve 100X Scalability on the Tron (TRX) Blockchain

In addition to this achievement, Justin Sun made an important announcement yesterday. Jack Ma’s disciple told his followers that he would soon be revealing the details of Sun Network, a layer two solution similar to Bitcoin’s Lightning Network or Raiden/Plasma in Ethereum.

According to Mr. Sun, once this implementation is launched, the number of Tron DApps users would multiply by 100x:

Tron (TRX) is currently ranked 11th in the global market. The price of each token is around 0.026 USD which means that it has a capitalization close to 1.74 Bn USD according to Coinpricewatch.

The recent acquisition of BitTorrent has given Tron the possibility to access a market of more than one hundred million users; however, some skeptics believe that such a high number of users could cause the network to collapse under its current conditions.

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The post Tron (TRX) Registers New Block Height Record. Justin Sun Announces Layer 2 Solution To Achieve 100X Scalability appeared first on Ethereum World News.

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EOS Surges 15% after Dan Larimer’s Announcement of Future Announcements

EOS is a blockchain that has always raised the expectations
of users and investors. Its business strategy has proven to be fruitful not
only for software programming but also in terms of promotion.

Ever since its inception, EOS was recognized as a promising project. At the time it was the most lucrative ICO in the history of cryptocurrencies and had such a strong hype that it quickly arranged as one of the cryptos with the largest marketcap in the ecosystem.

Although enthusiasm declined with the bearish trend of 2018
and a course of negative propaganda accused the project of being overly
centralized, unreliable and even of not being a real blockchain, the team of
developers has remained active, coding and promoting its blockchain as one of
the best platforms for DApps.

On March 25, 2019, Dan Larimer, CEO of the EOS Foundation
gave a lesson of how serious his level of influence among traders is and how
vulnerable the community is to social phenomena such as FUD and FOMO. Less than
ten words were needed to generate a profound enthusiasm in public around an
ambiguous idea:

“June will be biggest news since EOSIO announcement”

The “announcement of an upcoming announcement”, of course, provoked a wave of questions and comments from many curious enthusiasts who wished to know what was happening, and what exactly they were working on. However, Mr. Larimer avoided any response that could provide more information.

screenshot courtesy of eoswriter
screenshot courtesy of eoswriter

After Larimer’s words, the EOS token started the most important bullish streak of the last three weeks, with a green candle disproportionate to the previous ones.

courtesy: Tradingview

The only track we could find of something that could happen in June is related to the event B1, however, from the fundamental point of view, it is unlikely that this is the reason for so much energy.

Perhaps, the team is excited by other events such as the launch of EOSFinex, some new wallet or DAPP, or even the favorable evolution that EOS has had in the FCAS ranking, which allowed it to position itself in the first place during the past week.

FCAS is a ranking based on Fundamental Analysis

The post EOS Surges 15% after Dan Larimer’s Announcement of Future Announcements appeared first on Ethereum World News.

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BREAKING: VeChain (VET) and Monero (XMR) Only Double Digit Gainers as Major Announcement is Made

The crypto-verse’s market is getting even more unpredictable as on a daily basis there is one coin (mostly altcoins) that stands out tremendously compared to the others. In most cases when the bears are having the saying, the token values are not impacted that heavily by any team announcement, chain improvement news or partnerships taking place. However, this time VeChain (VET) just hit it right.

VeChain VET Price and Latest

The pair VET/USD is up for 10.50% in the last 24-hours reaching a 30-days highest of $0.01952. Accordingly, it is leading the BTC market with 9.69% while trading a volume of almost $40 mil in the last day. If the token price makes it above the $0.02000 mark it would opened gates and welcome even more bulls ensuring further gain for the upcoming days.

VeChainThor VET

Source: coinmarketcap

Read Also: VeChainThor (VET) Welcomes The First Ecosystem Token Minted On Its Blockchain

Sunny Lu – founder of the 17th largest cryptocurrency by market capitalization which is attracting growth very speedy, added his comments on the future of the network during a live chat on Youtube.

The commentary started with a Mr. Lu praising the VeChain community highlighting out that it is one of the best and great examples of a crypto-community. He cited the extension of the X-node binding time window as one of the main actions the team took as a result of the community input. He confirmed that another partnership will be added to the current line-up of automotive companies that includes BMW and Renault.

PICC or People’s Insurance Company China – one of the leading insurance firm based in China has partnered up with VeChain – accordingly with Forbes post and VeChain’s announcement.

“Collaborating with PICC expands our business within the insurance industry. We are confident we will provide great service and products to PICC, together with DNV GL.” – Sunny Lu

Additionally, vie the VeChain Foundation twitter page the team announced that MainNet v1.0.2 is released with various improvements and fixes.

Girl in a jacket

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eToro Announces Cardano (ADA) Is Now Available For Trading

eToro, one of the most popular trading and investment platforms, announced yesterday the availability of Cardano (ADA) within their list of supported cryptocurrencies.

They announced such important decision via Twitter, a social network that brings them closer to their users’ community.

Thus, Cardano (ADA) would be the 11th crypto of all available for investment. The other options are Bitcoin, Ethereum, Litecoin, Ripple, Bch, Ethereum Classic, DASH, Stellar, NEO, and EOS.

Also, eToro also published an article explaining to the community the potential of the famous crypto, seeking to help each investor conduct their own research:

“Cardano is the latest cryptocurrency to be added to eToro’s selections. eToro clients can now trade and invest in ADA and add the crypto to their portfolios. As the blockchain revolution continues, it can be assumed that companies that present added value, such as Cardano’s blockchain development platform, will have a stronger foothold in the market. While some other cryptocurrencies could fall to the ebb and flow of supply and demand, Cardano’s strong, highly-regarded blockchain platform could be a driving force in maintaining its position as one of the world’s leading cryptocurrencies.”

The platform also highlighted some similarities between Cardano and Bitcoin, mostly to help non-tech-savvy investors learn more about the characteristics of this potential investment.

Cardano is a third generation blockchain, developed by a team of experts who were involved in previous blockchain developments such as Ethereum and Ethereum Classic.

Also, Cardano promises to solve the problems of older generation blockchains such as Bitcoin (BTC) and Ethereum (EHT), enabling scalability and interoperability solutions that are complex in other blockchains.

As a result of all of this exposed potential, after its launch in the final quarter of 2017, Cardano quickly reached the Top 10 in coinmarketcap, with a record valuation in the price of its token (ADA).

During June, Cardano (ADA) is suffering from a bearish behavior, with some oscillating charts, bouncing to the rise precisely in an area very close to its current price.

The announcement has not generated a disproportionate reaction (as it used to happen in 2017); however, a slight upward shift in the trend can be observed in 4-hour Heikin Ashi candles.

Graphics Provided by Tradingview

eToro’s announcement can be extremely useful to Cardano (ADA) as it would open the doors to investors who are generally not involved with crypto money.

Long-term effects cannot yet be predicted, but the outlook may be promising.

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Ledger Wallet Desktop Edition Scheduled to July 9th

In an update posted on its official blog, Ledger has announced the release date of the Ledger Wallet Desktop Edition. The final date is scheduled for July 9th

This decision would make of Ledger a leading company not only in the manufacture of hardware wallets but also in the market of software-based wallets, an essential step in the expansion of its business vision.

A Preview of the Interface Ledger is Developing

The company -known for its famous Ledger Nano S- has gained fame within the community for the high quality of its products. According to official data, the Ledger Nano S boosted the company’s production to more than 1 million units sold.

Until now Ledger relied on google chrome plugins and similar solutions for its configuration and use. But just after they announced the development of a Ledger Wallet Desktop Edition in February 2018, it was easy to note the positive sentiment it generated among the crypto fans.

As a result, Ledger Wallet Desktop Edition was announced with a lot of features that make it – again – a formidable competitor compared to other options like Trezor:

  • Native desktop application (Windows, macOS, Linux)
  • Multi-currencies (28 cryptos including Bitcoin, Altcoins, Ethereum, Ripple…)
  • Multi devices (Ledger Nano S, Ledger Blue)
  • Read-only consultation of accounts without device (protected by optional password)
  • Dashboard view of all assets
  • Counter values: choice of currency & exchanges
  • Send, receive, account balances & history
  • On device verification of the receive address
  • Faster account synchronization engine
  • Easy onboarding for new users

Also, Ledger Wallet Desktop Edition’s support for such a wide range of operating systems, facilitates not only adoption but also ease of use for a growing user base.

Ledger Wallet Desktop Edition: The Beginning of a New Era

The French company behind the development of Ledger will not settle for the launch of a Desktop Edition. According to their blog it seems like they also have plans to increase very soon the features and products they offer so far.

According to the post in which they announced the Desktop Edition, these would be the promises of new developments for the near future.:

  • Mobile application version (Android & iOS)
  • Ledger Nano/HW.1 support
  • Install/uninstall apps on Ledger Nano S automatically to smoothly manage a non limited number of cryptos on one device
  • Ethereum ERC20 tokens & contract management
  • Third party apps integration (buy/sell cryptocurrencies, exchanges, swaps…)
  • Transaction tags & notes
  • Spotlight search
  • Generate more than one new address
  • 100+ cryptocurrencies support

The Ledger Wallet Desktop Edition will hit markets this July 9th 2018. The mobile version is planned for the end of Q4 2018; also, the Ledger team will announce all the other developments when they reach their final version; however, Ledger’s priority is to support ERC20 tokens.

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VechainThor Confirms Partnership: DApps, BMW, Oxford University

Feb 26, Monday – VeChain Foundation held the much discussed about rebrand event showcasing the consortium chain VeChain to VeChainThor. The event had guests under invite only lists like partners, media and a proportionally run YouTube stream. During the event, Sunny Lu and Luca Crisciotti of DNV GL talked about the past, present, and future of VeChain.

[embedded content]

Various announcements during the event:

  • 09:43 – 11:08 – VeChain Thor Intro video.
  • 11:43 – 13:29 – History of VeChain and the rebranding process
  • 13:30 – 14:13 – Community related growth
  • 25:45 – 26:19 – Bitocean ICO
  • 27:45 – 28:52 – Introducing Oxford Mathematical Institute as a partner
  • 36:31 – 37:25 – BMW Group announcement + End *

These are just some of the many declarations that the team and hosts did during the gathering.

The first figure mentioned cleared out and highlighted how what makes VeChain unique is not only its technical aspect but on top of that how it understands the ecosystems. He pointed to the governance and economic models as examples. The Chief Executive Officer of DNV – Luca Crisciotti added on that part as the reason why VeChain was chosen despite having other possibilities when it comes to blockchain solutions is that how the firm and the platform dedicates itself to the costumer.

The above mentioned developed for the growth of the platform and finding the best way to utilize it are only part of over 180 opportunities that the dedication of VeChain has brought to them. Three DApps that were public-known by Sunny Lu during the meeting are on development to cater towards the mainnet launch: VeVOT, VeVID – KYC and VeSCC.

For raising awareness which would analyze, monitor and reduce carbon footprint – various ideas are being planned out and developed by DNV GL and VeChain while parallel being researched by gov bodies, various businesses and the Tsinghua University.

Confidence giving last words for the event were given by Luca Crisciotti:

“We are not talking about pilot projects, we are talking about solutions that are working for real cases.” Luca went on to say:“DNV GL is a company with over 150 years of history. And unfortunately, this is something we can not share, because you [VeChain] were only born a few months ago. But we do have something in common, and it’s a bright future. So thank you Sunny for the partnership and this amazing event.”