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ISSUE #14 OCTOBER 2016
BLOCKCHAIN NEWS - INTERVIEWS - RADIO
WAVES PLATFORM
PAGE INDEX MASS: The internet needs the right ads FoldingCoin: Mine Medicine The future of Blockchain tech Core Radio
The Subconscious Mind Bitcrystals Inchain: Decentralized Insurance Zcash Mining
Decent Platform CryptoCompare: Top picks
News
Waves News & Incent Interview EOM Report
News & Interview
WHAT IS BITCOIN? You may have heard of Bitcoin on TV, or in a conversation with friends. Truth is, Bitcoin is more than just “funny money”, in fact it is now a force to be reckoned with. Dig a little further and you will find Bitcoin is actually an extremely fascinating concept. Bitcoin is an internet digital currency. Unlike other digital currencies like PayPal, Bitcoin is decentralized. Decentralization, in the context of Bitcoin, means every transaction made on the Bitcoin network can be viewed by anyone around the whole world. Furthermore, all the information of Bitcoin transactions is downloaded onto every Bitcoin users computer making it impossible to shut down the Bitcoin network.
The Bitcoin protocol cannot be hacked and if backed up correctly can be even safer than storing your money in a bank. Bitcoin can be used to buy things in the real world. Want a new TV? A cup of coffee to start the day? Try paying for it with Bitcoin. “At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things” - Peter Diamandis
BLOCKCHAIN NEWS
THE INTERNET NEEDS ADS - JUST perhaps – it wouldn’t be hard – but it’s also THE RIGHT ADS, ON THE RIGHT smarter. Rather than bombard the user wit essentially random ads, today’s advertiser TERMS
harvest every detail they can about you an deliver highly targeted adverts, thereby maximising the chances that you will click on one. As the web has grown, more and more sites are supported by ad revenues – including some of the most popular lik Facebook.
How advertising hasn’t changed is in its The online advertising industry isn’t goingfundamental philosophy: that web users ar anywhere. But it needs to change if it’s there to be served ads, which they wil passively and unthinkingly click, in orde going to work for all of us. Advertising online is coming to an inflexionto drive traffic and sales to the company i point. Something will have to change, but question. The less users consciously engage it’s unclear at this point whether that changewith the process, the better. will entail a fundamental shift in direction,However, people have caught on all the or a return with a vengeance to the existingsame. They are increasingly resentful of th advertisers’ manipulative behaviour, and o trajectory. the data that is taken from them withou their consent. Ad blindness and Ad blockers Advertising like it’s 1999 Online advertising is almost as old as theare two responses to the problem: th internet itself. Anyone who rememberstendency simply to ignore ads on principle browsing the web in the mid 1990s will and dedicated software that prevents them recall those invasive pop-up ads that couldfrom being displayed and from harvesting multiply across the screen faster than it waspersonal data. Both of these cost publisher possible to click the mouse to close them.many billions of dollars in lost revenues. I It was a rudimentary strategy but, the webthe trend continues, some business model being at a similarly early point in itswill become unsustainable. Therefore something has to change. The question is evolution, it did the job. Today, some 25 years later, both web users what, and how. and advertisers have become far more sophisticated. Advertising is more subtle,
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BLOCKCHAIN NEWS
o Users will be able to specify whether they th want to see adverts, and the level of personal rs information they allow ad companies to d access in the course of serving them relevant y targeted ads. Thus the project aligns the k interests of those who are expected to click d on ads and part with their money, with those – who serve the ads and profit from them. ke Data is valuable, after all – the ad companies Evolution or revolution? prove that beyond doubt by the lengths they Online advertising is an arms race: ago to in order to mine it. Mass uses a reals constant competition between advertiserstime bidding framework to match buyers reand users to be noticed and to be left alone,and sellers and facilitate the efficient llrespectively. Ad blocking software is a exchange of data for funding, so that both ernatural response to intrusive advertising;sides profit from the deal. inso, too, are the websites that block the eblockers and prevent users from viewingMass economics their content unless they turn them off. WeThe Mass network will use its own currency e can expect advertising to become ever morefor payments, the Mass Coin. The hesophisticated and intrusive – andmicropayments that will be settled on the ofsimultaneously ever more subtle – unlessreal-time bidding framework are the perfect utsomething fundamental changes. use case for blockchain money: traditional s Mass Network are offering one such payment systems are far too slow and efundamental change. The project, whichinefficient. The minimal transaction fees e,is a collaboration of cryptocurrency involved mean that the recipient will receive mexperts, advocates and developers,almost all of the money they are paid, with gcombines a blockchain wallet with ad just a tiny slice going to those who maintain rsblocking software. Mass doesn’t assumethe network. Ifthat advertisers should or shouldn’t collect lspersonal data, or that web users shouldn’tUnlike bitcoin, though, there is a fixed e,divulge it. Those questions are left up tonumber of Mass Coins: once the coins have sthe different parties involved. What it doesbeen created, there will be no further require is that where data does changeinflation of supply, so the value should only hands, it does so with the full consent ofgo upwards, driven by the demand from the owner and at a price set by the market. advertisers who will use the currency to bid
BLOCKCHAIN NEWS
Unlike bitcoin, though, there is a fixed number of Mass Coins: once the coins have been created, there will be no further inflation of supply, so the value should only go upwards, driven by the demand from advertisers who will use the currency to bid for data. One trillion Mass Coins wil be created, with 70 percent being distributed to investors who commi bitcoins to the project’s ICO, which will be used for development and marketing. The Mass Network will therefore be its own ecosystem and monetary system. It’s an intriguing example of the way that blockchain technology is developing, and facilitating new kinds of communities and businesses.
Brave new world Mass is an example of the way that blockchain brings not just quantitative but qualitative change. A few years ago there could be nothing like this – the infrastructure to support it simply didn’t exist, because the existin payment options didn’t work at that kind of small scale. Options like Mass were off the table, and the incumbent systems became entrenched Thus Mass highlights one possible direction of travel for blockchain application: specific businesses that make use of dedicated paymen systems to drive value for their users and investors in ways that were never before possible. Content curation systems, advertising platforms loyalty programmes – some will share currencies, some will have thei own, but they will all be linked through frictionless exchange in any case, functioning like different forms of private money. Some may become more important than that, and find application beyond their immediat ecosystem – perhaps being adopted as broader currencies of payment Mass is one of the first to see the possibilities of making the free marke truly free.
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BLOCKCHAIN NEWS
FOLDINGCOIN: MINING IN with these computational tasks. e THE NAME OF SCIENCE
Mine Medicine, Not Hashes – This is the motto of FoldingCoin (FLDC), a counterparty asset issued on top of the Bitcoin blockchain. FoldingCoin uses "Proof of Fold" to distribute assets to users that, instead of "wasting" energy maintaining a Proof of Work blockchain, contribute to the Folding@Home project. This allows users to mine a cryptocurrency, Protein folding is central to healthy regardless of their hardware, be it CPU biological processes and proteinor GPU they can both be used to e misfolding is known to cause medicalcontribute to protein folding research, – conditions like Cancer and although ASIC folding would require Alzheimer's. Stanford University the miner to acquire an Anton ng e started the Folding@home project SuperComputer which is the ASIC that d.(FAH) in October 2000. The projectis used for protein folding. software that runs n provides algorithms thatBeing an asset on the Bitcoin blockchain ntcomputational e simulate the way protein molecules has the advantage of not having to build s, fold in the body, allowing scientistsan alternative blockchain which does not contribute to the project at all, and irto use the output from the computers running the FAH software on theirwould require extra development and y research. Despite being extremelymaintenance, as well as a new wallet e useful in the fight against theseinterface. tediseases, the Folding@home project t.only offers symbolic credits that holdFLDC tokens are distributed monthly. etno value, which can be seen as lessPublic statistics file lists every folder on than optimal considering thethe network and the credits they have electricity costs that can be associatedbeen awarded at the time the file was
o s ll it d d n d
BLOCKCHAIN NEWS
FLDC tokens are distributed monthly. Public statistics file lists eve folder on the network and the credits they have been awarded at th time the file was produced. This file is then downloaded by th FoldingCoin snapshot code that searches the file to find the folder that have set their folding software up according to the instruction provided by FoldingCoin Inc. There is a total supply of 1 billion FLDC that are distributed accordin to a half-life schedule: • Once 500,000,000 FLDC are 250,000 FLDC • Once 750,000,000 FLDC are 125,000 FLDC • Once 875,000,000 FLDC are 62,500 FLDC And so on. • This halving occurs every 1,000
distributed, daily reward become
distributed, daily reward become
distributed, daily reward become days
Anyone can join the FoldingCoin project and earn coins while helpin the fight against Cancer, Alzheimer's, Huntington's, and Parkinson by following the instructions in this video:
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BLOCKCHAIN NEWS
FUTURE ADVANCEMENTS FOR BITCOIN AND BLOCKCHAINS ery he he rs ns
ng
es
es
es
The big question in crypto space has been whatever we need all these other coins or not. Will this all emerge into a beautiful ecosystem ng where different blockchain work together or will we have one coin n's for all the functionality? Everything could be built on top of Bitcoin. However currently one of the limiting factors is the transaction fee. It's not feasible to do tiny micropayments, that many platforms would require. This could change though if Bitcoin network becomes more scalable through a lightning network, for example. Until that however, it makes more sense to build your own blockchain where you can have extremely low transaction fees. Furthermore, the latest technology can be included in the blockchain making it faster and soon even scalable. Lastly, the blockchain platform can be tweaked
BLOCKCHAIN NEWS
in the blockchain making it fasterdecentralized crowdfunding and soon even scalable. Lastly, theplatform. blockchain platform can be Let's assume Bitcoin would tweaked to meet the needs of eachbecome scalable and cheap to use project. what would happen to the countless projects who have buil There are other reasons too totheir independent platforms? consider. Creating a new currency Competing projects could launch and launching an ICO is a similar platforms build on top of convenient way for a new project Bitcoin. However, what would they to get funding. Having your own have to offer that the existing coin and blockchain maximizesprojects could not? Like Bitcoin your independence from the otherhas demonstrated in the case o platforms, but on the other hand,money: there is always the first your blockchain might not be as mover advantage. secure as Bitcoin. By raising money through a colored coin and by What about the security then? A building on top of Bitcoin you could platform built on top of Bitcoin have a very strong security. would surely be more secure. However, even that is changing. Anyhow, the situation is theJust a while ago SuperNET following: almost all major projectsannounced a new consensus launch with a new coin and method called delayed Proof of blockchain. Even though they are Work, and the new anonymous "coins" they don't necessarily trycoin Komodo will have it. to be money – like Bitcoin. A good Effectively any other weak example of this is theWaves token, blockchain can secure itself with which acts as a fuel for theirBitcoin's hash rate through
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BLOCKCHAIN NEWS
gKomodo. Thus the new projects -first, the Iguana client will enable no matter how small they are - canthe end user to store multiple d get all the other benefits while stilldifferent coins under his full e:enjoying Bitcoin level security. control. From Iguana the user will e have the same functionality as he ltIt looks like over the past few yearswould from a native wallet of each ?we have got dozens of quality coin. h projects each targeting a specific fniche. They all have their own A decentralized exchange would y blockchains and through futureeffectively remove the centralized g technology, it is possible to bringlinkage between different n those independent chains closercryptocurrencies and Komodo will oftogether. SuperNET has been on make sure all the chains are secure. t-the forefront of building a cryptoAn important note to make is that framework: an infrastructure forBitcoin plays a major role in this blockchains. Their goal is to uniteecosystem: it secures other chains Acrypto under one roof and and functions as a trusted medium n capitalize all their innovationsof exchange, i.e. money. .against the true competitor:It looks like the overall traditional third party solutionscryptocurrency ecosystem is T and fiat currencies. getting bigger and bigger along s with a promising infrastructure. The Apart from Komodo another bigfuture looks bright for Bitcoin and sproject just around the corner isblockchains. Iguana. It is a multi-coin parallel k syncing Bitcoin protocol that will heventually lead to atomic swaps h and a decentralized exchange. At
DECENT
DECENT ICO BREAKS $3 MILLION crowd funding period, Decent IN TEN DAYS
will start building the necessar infrastructure to deploy thei content sharing platform.
During the crowd sale period Decent continues to make strategic partnerships in vita sectors of the blockchain Decent is a content sharing and industry, most recently Decen monetizing platform that will behas partnered withMinerGate, built on top of its own blockchain. the biggest Monero pool out It will allow users to sell and buythere, and creator of the content without middleman MinerGate GUI (Graphic User manipulation and overhead costs,Interface) miner software, which thus creating a fair and allows users to smart-mine cryptocurrencies. transparent environment forseveral users in which there is no MinerGate has over 340 censorship or server downtime. thousand unique miners.
Ten days into the Decent crowd “DECENT will be a remarkable sale and it has already gatheredaddition to our pool, as we more than five thousand Bitcoinsbelieve in the philosophy of (around $3,000,000), four sharing and promoting digita via blockchain thousand of which were receivedcontent during the first day. After thetechnology and would love to share it with our clients, too.
13
DECENT
t DECENT ICO is one of the few this through a user friendly rythat makes sense, because ourinterface. A recent blog post irminers would love to expand explains the whole process their capacities, and DECENT behind these features and can be gives rewards for hard drive read here. d,storage space.� Claude e Lecomte, CEO of MinerGate Decent has also announced the al opening of a new office that will n This partnership will makebe placed within JadeValue, a ntmining Decent easier for usersbrand new FinTech v.2 Incubator that lack the technical expertiselocated in Shangai. The t to mine cryptocurrenciesJadeValue building will open its e without a graphic interface, thusgates in October 2016, along with r bringing the platform closer toDecent's new office. hmainstream adoption which is a every important task in order toIf you want to keep up with . make the project successful. Decent developments, you can 0 The team is focused in makingjoin the community on Slack, Decent accessible to all content Telegram, and follow Decent on producers, starting withsocial media. You can also e bloggers that will have access to subscribe to the Decent ea Medium-like blogging newsletter through the official fplatform built on the Decent website. alblockchain. It will allow users to create an account, publish and o purchase content, rate authors, . search for content and more. All
Bitmain, the owner of the third-largest bitcoin mining pool in the world Antpool, has announced the launch of a second mining pool. The pool will be open-source and is, according to Bitmain, an effort to enhance the stability and decentralization of Bitcoin.
Cryptocompare users can now see the price of Bitcoin in Gold and vice-versa. You can even use Gold as the currency in your Portfolio. Our Gold data comes from the Vaultoro exchange, which allows you to sell and buy gold with Bitcoin. Click here to see the Bitcoin price in gold.
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Bitstamp, one of the biggest Bitcoin exchanges in the world has added support for Ledger Hardware wallets. Users and traders can now transfer their Bitcoins directly to and from Ledger’s hardware wallet, eliminating the possibility of theft and security breaches.
FirstBlood, the Ethereum based eSports platform that allows users to bet against each other in popular FPS and MOBA games in a decentralized environment has managed to gather $5.9 million worth of Ether in a matter of seconds. ~79 million 1ST tokens were issued and distributed in what seems to be the fastest crowd sale in history.
SUBCONSCIOUS MIND:
as a great library of your thoughts It keeps track of everything your conscious mind does and then rearranges them for later use. Al of your knowledge, conclusions beliefs, and memories lay there room after room and shelf after shelf. Through thinking you can To most the mind is a great mysterygain an access to this whole librar and its inner workings unknown.and all of its content. Everything We have had it since birth and used can be found, but without a prope it so much that we never stop to map some of the shelfs and it think what it really is and what itcontent are hard to find. does. Your attention determines what Our brain allows us to takeyour subconscious mind information through our senses,comprehends as important. I turn it into an experience, and thensomeone introduces himself to yo record that as a memory. Ourand your attention immediately memories affect our future actionsswitches to another thing, you and those actions further widen ourwon’t remember his name very understanding. With a betterlong. Similarly if a car passes by understanding our values, desires,and you pay no attention to it, you and goals evolve. Thus our futurewon’t be able to describe it later i decisions are determined by ourasked. On the contrary, if a past, and without our past we wouldbeautiful lady passes by you wi have no future. remember her face even days later. What makes the difference? Your Think of your subconscious mindattention!
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THE GREAT LIBRARY OF OUR MEMORIES
s. you are looking for, along with all r Try to think of any subject, andsort of related thoughts and nthen note how all the related thingsconcepts. Think of your thoughts llstart to pop into your mind. Thoseas points in your brain, each new s, then lead you to think of an anotherpiece of information becomes a new esubject that then again brings youpoint, and then you simply connect r to another set of ideas. Sometimesall those points. The more nyou are not able to recall an ideaconnections you have the quicker yyou were looking for, in which you are able to locate the right gcase the information was notlocation. erindexed very well, but rather quite scarelessly in haste. In this case yourAttention alone is not enough to subconscious goes into work andreally understand and remember tries to find it for you, and then atwhat you read, for example. You t some point it may surface in yourshould also reflect on what you read dconscious mind. by thinking of the subjects covered, If the new things you learned, the ouWithout sufficient linkage yourconclusions you drew, and how ymemories get lost in deep they match with your previous uchambers from where they are veryunderstanding. You should stop y hard to find. To make sure you can and reflect on all occasions, even ylater gain an access to somethingjust about your normal day. Think u you had paid attention to you must of what you achieved that day: the ifconnect it to your previous things you did, the people you met, ainformation. That creates a strongand so on. The result is a stronger lllinking between the things youmind where the various subjects are . want to remember, and very better linked to each other. r quickly your subconscious mind can give you the exact informationAt the end all would be for nothing
SUBCONSCIOUS MIND:
The result is a stronger mind where the various subjects are better linke to each other.
At the end all would be for nothing If you won’t give your brain enough time to rest. Some of the best ideas and realizations pop into your consciou mind when you are meditating. Meditation helps your mind to get rid o all the waste in your head and thus focus on what matters. Also, if you work too long you will become tired and then your thought proces become slow and your ability to learn new things will diminish. Durin your sleep your subconscious mind goes over all the things you had don and learned while your body is loading its batteries and getting ready t for the next day.
Your subconscious mind is a friend who is there to hand over everything you ask for. If you ask nothing it will give you nothing, but if through continuous requests you ask it to deliver certain information it will lear it to be valuable. Thus the next time you pay attention to something similar your mind will be there to capture and store it for your later use Your mind becomes stronger when you give it some exercise.
All in all, acquiring a great memory requires hard work and perhaps som conscious awareness about how it really works. Treat it well and you wil get rewarded. In conclusion, do these three things and you will see improvement: Focus your attention Reflect what you learned Meditate and rest
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BITCRYSTALS
REVOLUTIONIZING THE GAMING integrates blockchain technology, not INDUSTRY WITH only in its economy, but also in it CRYPTOCURRENCY storyline. SoG is currently in beta an can be tested by users.
BitCrystals can be freely exchanged in Counterparty's decentralized exchange, or on traditional exchanges like Poloniex and Bittrex, and they wil be used to enhance gaming experience in Spells of Genesis like buying card packs or unlocking new features, thu creating a higher demand for BCY as the popularity of the game grows.
These cards and other game items tha can be bought using BCY are also For gamers, rare Items can take hours,counterparty assets and can be freel even days to acquire and are usually exchanged between users on the worth every second but despite theCounter Party DEX and in the game real-life effort and skill that is put intoitself or purchased from finding or gaining this item, the itemEverdreamSoft directly. Since these itself has no real-life value and can notitems are issued and traded on th be used outside of that specific game.blockchain, any failure in the game EverdreamSoft plans to solve this will not result in the loss of items. "first-world problem" with BitCrystals (BCY), a Counterparty asset issued on When a user buys a card pack with a the Bitcoin blockchain that acts as thefiat currency via Google Play or game-fuel and premium currency in AppStore, EverdreamSoft will buy EverdreamSoft’s upcoming free-to- back half of the value received in BCY play mobile game Spells of Genesis from an exchange and burn them. (SoG), a trading card/arcade game that When a player buys a card pack using
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BITCRYSTALS
t BCY, EverdreamSoft keeps half of the sBitCrystals and burns the other half. nd EverdreamSoft held a token sale to fund the development of SoG, during n which 70 million tokens were up for d sale. ~14.4 million tokens were sold s for 974 BTC and the remaining BCY llwas publicly burned. The BitCrystals eToken Sale started on August 4th, it d ended on September 3rd, 2015, since sthen the BCY token value has grown s more than 385%.
Since the game features Blockchain atas part of the game storyline, cool o trading cards have been created like lythe Satoshi Card, Ethereum Card and e Waves Card. Using the features of e each technology as the special ability m for the card, SoG provides a ecompletely new and fun way to heunderstand blockchain technology e and its history at a basic level. Click here to see all the blockchain cards. a r y Y m. g
INCHAIN PLATFORM
Cryptocurrency and blockchain technology is shaping the future of ou economy. It makes traditional systems more efficient, transparent, and safe by removing single points of failure, censorship, and middleman fees. One of the greatest challenges it currently faces is mass adoption. Due to the trustless nature of bitcoin and other cryptocurrencies, transactions a irreversible which means that when an hack or theft occurs, there is no way to recover the funds lost.
Hacks are not usually directed at cryptocurrencies themselves, as there is n central server to hack. Centralized exchanges or wallets, however, do not share this advantage. When you entrust your crypto assets to a third part service, there is much that can go wrong, but there are no guarantees tha your funds will be returned in case of a theft or hack. We've seen this happe over and over again, with Mt.Gox, Cryptsy, Gatecoin and most recently Bitfinex. Centralized exchanges are dangerous, and despite being other alternatives out there people like them because they are convenient. Combining blockchain technology with a traditional system, Inchain has come up with a solution for this problem: Blockchain based Insurance. User can now guarantee their funds are 100% safe using Inchain, an Ethereum
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DECENTRALIZED INSURANCE
based platform that issues and maintains insurances and bonds. Not only does Inchain allow holders to insure their assets, but it also creates new investment opportunities for users that want to buy or trade insurance-based bonds.
When a user gets an insurance policy for their funds, he must first introduce information like the exchange in which the funds are being held and the duration of the insurance, based on his data and the ranking model, the platform creates an offer for the user. After the user accepts the offer and pays the premium, the platform generates a smart contract and the premium is sent to the insurance fund. This smart contract will be equipped with an oracle that montiors weather the insured risks have taken place or not. After the policy holder is insured, Inchain creates bonds that are connected ur to that policy and become available for trading right away. These bonds have erspecific coupon rates, face values, ratings, and durations. e If the insured risk materializes, the smart contract will make a payment out e of the insurance fund to the policy holder and the bond holders cease to rereceive coupons. If not, the bond holders recieve all coupon payments and y the bond’s face value.
In order to keep the insurance fund growing, part of it is invested into noblockchain and cryptocurrency projects. This fund is managed by the Inchain t token holders in a DAO-like environment. tyInchain will host anInitial Coin Offeringperiod that will start October 12th at 2016 and will last for a month. During this time, 85 million tokens will be en destributed to investors, while 15 million will be kept for core activities. Early investors will be rewarded with a 20% bonus during the first 7 days. r
rs m
ZCASH MINING
Zcash is a privacy-centric cryptocurrency that uses zero-knowledge proofs to kee the transaction information of its users 100% private, thus creating a tru anonymous cryptocurrency, instead of a coin with a built-in mixer service. As o of the few relevant cryptocurrencies that is to be launched without an Initial Co Offering period, Zcash mining is something that is extremely appealing to use especially since the technology is extremely promising and it has some of t most influential groups in the blockchain industry backing it. Demand for Zca will probably be high, and mining will be the only way to get it.
Zcash will use theEquihash hashing algorithm , which is an asymmetric memory hard PoW algorithm based on the generalized birthday problem. It relies on hig RAM requirements to bottleneck the generation of proofs and making ASI development unfeasible and miner optimization harder. Zcash will follow the same issuance rate as Bitcoin, with 21million ZEC bein issued over the course of 131 years, but instead of 10-minute blocks with an initi 50 ZEC block reward, Zcash will have 2.5 minute block times with an initial 12. ZEC block reward and the halving will occur every 4 years. Since no ICO will b hosted, the Zcash team and its initial investors will be entitled to keep 10% the total ZEC supply. This will be achieved through an allocated block rewa called "Founders Reward", meaning that during the first 4 years, 20% of the bloc rewards will be distributed to the stakeholders in the Zcash Company — founde investors, employees, and advisors.
Zcash is set to be launched on the 28th of October, with its initial release da being delayed 1 month for auditing purposes. Zcash will be launched with standard CPU miner, but acrowdfunding campaignis taking place on the forum to fund the development of a GPU miner. Not much has been decided and du to Zcash's new algorithm, the performance improvements over CPU mining a going to be relatively small.
In order to provide a fair launch and to avoid issues related to "instamines" suc as faster blocktimes, Zcash will launch with aslow mining period, in which the block reward will be smaller than the preset 12.5 and will slowly increase to reac
25
WHAT YOU NEED TO KNOW
ep the normal issuance rate uly . one If any of our readers are interested in mining Zcash with their CPU, they can follow oin this guide and mine on thetestnet, which is currently in Beta stage. When mining ers, on the real blockchain, all one would need to do is to remove the "testnet=1" line the from the configuration file. Zcash is not available for Windows and will not be ash on launch, although the team plans to include it on the second release. Be advised that Zcash (TAZ) testnet holds no real value and that the testnet is bound to be reset, resetting your TAZ balance. ygh Buying Zcash will be hard in the beginning, as exchanges will only add it once a ICfair amount of volume has been mined, so you may want to give mining a try!
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WAVES NEWS WAVES WEEKLY NO. 11
Development Update The hackathon continues, and thanks to extensive testing by th community, a number of issues have been fixed. All discovere issues are being addressed on a daily basis, and we are workin to improve full nodes code further before release. Notably PeerDatabase was updated with an internal peers buffer and new peer management logic, leading to more stable network.
In parallel to this process, asset implementation is being tested a private environment. Depending on how this goes and how soo full node code is deemed stable and secure, they may be launche together; if asset development takes longer, then full nodes wi be released first. At present the decision is fluid. Lite Client and Mobile Wallet
27
WAVES NEWS
Also in parallel to this process, the Waves Lite Client is receiving a makeover. The codebase is being migrated from jQuery to AngularJS. This allows for cleaner and better-structured code that is simpler and easier to read. This is important because the code is being shared with the mobile development team, who are also using AngularJS. In the future, this migration will allow developers to build a desktop version of the Lite Client with much less effort than development from scratch. The mobile version of Lite Client will be released for Android devices first.
Around the Waves-verse In the broader Waves ecosystem, the pieces continue to come together with a number of initiatives showing interest in Waves heor actively seeking to use it for their own applications. Blockchain edloyalty programmeIncent’s crowdfund launched today (1 October). ngAt least one other major project will be looking to crowdfund on y,Waves later this or early in 2017, once fiat gateways open more winvestment channels.
Press and Articles: in onDue.com: Five forms of blockchain-enabled money that are already edlive illMedium: Blockchain’s pre-emptive response to the next financial crisis
WAVES NEWS
Waves Weekly Crypto Roundup We have another episode of our weekly film, giving a run down of the bitcoin and global markets as well as update on Waves development and a overview of what’s going on in the alts.
Episode 0
Episode 1
Cryptocopia Hangout 1 - Waves Platform + Incent 29
WAVES NEWS
First cryptocopia hangout with Sasha Ivanov, CEO, n-wavesplatform.com and Rob Wilson, CEO, Incent. es g
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