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ISSUE #19 MARCH 2017
BLOCKCHAIN NEWS - INTERVIEWS - RADIO
INTERVIEW
with the
project
PAGE INDEX Top Chinese Exchanges Freeze Withdrawals Exploring Blockchain Tech in Practice with Blockchain Weeknd Bitbond Raises $2M in Funding Core Radio Betternot.rest Interview
GameCredits Announces ICO Qtum: The Best of 2 Worlds Beyond the Void: Closed Beta Video Decent: Testnet Launch SuperNET News
CryptoCompare: Monthly Update
Waves News
Litecoin SegWit Adoption Vertcoin is Adopting SegWit
EOM Report
INTERVIEW
BITCOIN VOLATILITY
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
NEWS TOP CHINESE EXCHANGES FREEZE BITCOIN & LITECOIN WITHDRAWALS
issued by the People’s Bank of China, it became evident that new KYC/AML requirements have been put in place by the PBoC, given that all exchanges in the country have issued the same warning regarding the KYC/AML update.
Huobi and OKcoin, however, were the only ones to freeze Following the official statement withdrawals stating that these issued by the People’s Bank of would be paused while the China, in which the central bank exchanges upgrade their AML announced that it had met with system according to laws & nine domestic Bitcoin exchanges, regulations. Huobi and OKcoin are now This halt on withdrawals is suspending Bitcoin and Litecoin expected to last for a month. Users withdrawals while they update can still exchange their holdings for CNY and withdraw them their KYC & AML procedures. normally, as many will most likely During the meeting that took place do. between the PBoC and the nine Bitcoin exchanges in China, these The effects of the news were were notified of existing issues and immediately felt on the price possible related legal, regulatory charts as Bitcoin plunged from and technical risks. Although no $1060 to as low as $936 in less further statements have been than 2 hours. The price is now
3
NEWS
f starting to recover and is currently w sitting at $980.
, e e
Following the halt on cryptocurrency withdrawals, bitcoin.org, an introductory portal e Although the news caused the for new users in the Bitcoin space, e price to react sharply, the halt on has removed both OKcoin and e margin trading and zero-fees Huobi from its list of recommended L instituted during January has exchanges, as can be seen on the caused the CNY to lose its weight website and on github. in the global market which It is unclear if other exchanges in s explains the quick recovery of the country will follow suit or if s Bitcoin which is now heading the situation is only relative to these s towards $1000 once more. two exchanges, but one thing is m Furthermore, the PBoC’s actions certain: It`s not so easy anymore y seem to affect Bitcoin less and to devastate Bitcoin and different less as they are issued. As Bobby countries like Russia, Japan, Lee, CEO of the Chinese Philippines and others move e exchange BTCC noted: towards a more bitcoin-friendly e regulatory scene. m
w
NEWS EXPLORING BLOCKCHAIN TECHNOLOGY IN PRACTICE
integrated companies, and more.
There were also practical workshops where students could touch existing blockchain platforms and hear about legal aspects of cryptocurrency and blockchain in Russia and abroad.
On February 18-19, a new training course called the Blockchain Weekend started in Digital October Educational Center in Moscow. The Waves Platform and Digital October Center are the main organizers of the event, which counted with the participation of Sasha Ivanov, entrepreneur and founder of the The Blockchain Weekend Workshop Waves Platform, as lead event curator also focused on informing attendees and courses instructor. why businesses are moving to digita money and how blockchain can During the weekend workshop, protect your business in more attendees got acquainted with some efficient ways. These include the successful cases of big businesses that reduced cost of doing accounting, are adopting blockchain technology document managing, and faster and today and how they can begin to do easier transaction processing and it themselves. This includes the record keeping. The two-day course implementation of competitive also taught users the meaning of advantages provided by blockchain blockchain-focused concepts like tech, business optimization, company smart contracts and distributed development planning for Blockchain databases.
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NEWS on Estimating Cryptocurrency Risk of State Duma of Russian Federation
s g t d
At the end of the course, the best students received tickets for the BlockShow Europe 2017 conference, to be held on April 6, 2017 in Munich. The next Blockchain Weekend event More photos can be found onDigital will take place on March 18-19. Please October facebook page. follow http://edu.digitaloctober.ru/ to stay up-to-date. Invited speakers: Constantine Goldshtein Microsoft Russia Principal Technical Evangelist
s al Stanislav Polozov – Emercoin Blockchain Implementation e Specialist e , Alexey Bashlykov - Co-founder at d EtherionLab (Ethereum smart d contract development) e Dmitry Meshkov - Research Fellow f & Scorex Project Developer at IOHK
d Elina Sidorenko - Head of the Interdepartmental Working Group
NEWS P2P LENDING PLATFORM, BITBOND RAISES $1.2 MILLION IN FUNDING
Bitcoin peer-to-peer lending platforms are useful for people who need financing for thei business or want to start new ones. It also works as a form of microfinance, giving access to financial services, like credit and savings, to those who wouldn’t be able to afford it.
Bitbond, a peer-to-peer Bitcoin lending platform, has raised $1.2 The $1.2 million in funding was million in equity capital tomade from a group of angel expand their business globally.investors, some of whom were The web platform enables usersalready previous investors of th to lend and borrow Bitcoin tocompany. The funding round each other. The loans are usedwas led by ekip Can Gökalp, to finance small to medium sizedfounder of Mobilike, and business and the borrowers areincluded other investors such a able to make returns on theirthe Fyber founders, Janis Zech investments according to the riskand Andreas Bodczek, and also involved. With this new the CEO and co-founder of investment, the Berlin-basedKreditech, Alexander Graubner startup has raised $2.3 million inMüller. capital to date. The investment comes during a
7
NEWS
time of turmoil in the bitcoindoing so. Since it’s launch, the gpeer-to-peer lending market.platform lended $1.2 million eDue to government regulatoryover 1.600 loans and it has over irrequirements BitLendingClub,76.000 users from 120 different wa Bulgarian based p2p lending countries. fplatform, announced it would obe closing down the businessMost of Bitbond borrowers are tsand BTCjam stopped serving itsonline sellers on e-commerce oUS clients. Fortunately, in marketplaces like eBay or October of 2016, Bitbond Amazon. Bitbond conducts a received a regulatory license bycredit check on the loaners, based s German financial serviceson their revenue data for funding l supervisor BaFin, making it oneinventory, and recently launched eof the first and only regulatedan automated scoring heblockchain based financialmechanism that is analysing dservices providers. historical data, evaluates the , creditworthiness of borrowers. d Bitbond representative, ChrisAccording to the credit score sGrundy, says the funding willattributed by the mechanism, the hbe used to develop the businessinterests might be lower or oand expand into new markets,higher. f increasing the platform`s user r-base. The vision of the startup company is to make lending and borrowing globally accessible, aand it has been successful in
INTERVIEW
with the
project
BETTERNOT.REST
(All funds will be managed through smart contract within Syscoin Blockchain , ensuring total securit and transparency for our users.)
How will you make sure that this system will not be abused/ automated by the user? Our application is quite complex. Al funds generated by the application wi be managed through a Smart Contrac within Syscoin's Blockchain, which transforms our project into Decentralized Application (DApp) Interview with Neylor Zaurisio fromensuring total transparency an Betternot.rest security for our users and investors.
What is Betternot.rest and how does For the last 3 months, we investigate it work? the use of native sensors on A solution to a common problem. smartphones to be able to create a Betternot.rest is a Smart Alarm Clockautomatic alarm deactivation; it is wit that motivates the user to wake up onthese small details that our produc time, rewarding them with Bitcoin. Ifdifferentiates itself from the others the user does not wake up at the besides our concern with the user whe specified time a small amount ofcreating a deactivation system Bitcoin, preconfigured by the user,designed by a specialist in the field o would begin to leak into our systemsleep science. Integrating science and and at the end of the month over 90% technology to improve quality of life. of funds from these leaks would be divided among users who have(Today Brazil is a world leader in the managed to wake up at the scheduledstudy of sleep, the largest institut time. dedicated to research in the world i
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BETTERNOT.REST
alocated in the city of São Paulo.) crowdfunding campaign? n The main goal with the crowdfunding tyHow did the idea for Betternot.rest campaign is to be able to promote the come about? project and attract new investors. I have experience with web solutions and mobile applications. 2 years ago,The crowdfunding campaign was not I started my studying Fintech, as thecreated to deceive people to donate for technology behind Bitcoin sparked mymy own benefit, I'm not promising llcuriosity. money to anyone, I'm just promoting ill the project that I believe and I've been ctOver the years, I envisioned severalworking on for some time. The users h possibilities of using Blockchainwho help during the campaign will be atechnology and after spending the lastsupporting the project with a fair chance ),4 months working on a product withto be rewarded for it, since 20% of all nda simple goal: "facilitate the adoptiondonations will be split among the first of cryptocurrency for non-users" we1,000 users who sign-up at the came with Betternot.rest. application launch. It is a DApp that dIn November 2016, we created the will benefit all crypto-currency n initial concept and after a collaborationcommunity and also help in Bitcoin’s anwith beta users we obtained the nameadoption. My biggest responsibility is thof, Betternot.rest and began its workto build an application that will be useful cton a visual identity system as well asand present in the everyday life of each s,a crowdfunding campaign. During theuser, for this to happen I will apply all endevelopment process, we added Alanthe knowledge that I have acquired with mAlbuquerque to our team to designover 10 years of career as a UI/UX ofthe user interface. Alan is anDeveloper. dexperienced professional Back-End developer who will bring our vision into reality. e At the time, there is a donate teBitcoin, Syscoin and Ethereum. isbutton. What is the goal of this
BETTERNOT.REST
Today I work 360º on Betternot.rest , from development to social media. I am also an entrepreneur, so far all the costs related to the projec are being financed by me and not through donations. We intend to use the funds generated by the crowdfunding campaign on June 5th afte separating 20% of the funds that will be split among the first users Recently I hired a Back-End specialist that will assist me on building th API, that will be integrated in the near future with Syscoin’s Javascrip API, which is being developed by Dan Wasyluk and will be released soon. Unlike an ICO or other means of raising funds, we have decided to show our idea to the community, and we have had a good feedback so far, in addition to a large number of visits to our crowdfunding page emails and shares in social networks, we also received our first donation
Every donation, however big or small, has the same importance for us our motivation is to know that the Bitcoin community is supporting ou idea. Who is part of the team? Neylor Zaurisio Souza (Founder | Lead Developer) Alan Silva de Albuquerque (Back-End Developer)
What about partners? What is Syscoin and why we decided to use their blockchain-based smart contracts for project.
Syscoin is an open-source blockchain-based crypto-currency, managed by Blockchain Foundry Inc., a Canadian-based company created by the Syscoin team. Dan Wasyluk is the team manager of Syscoin and the CEO of Blockchain Foundry Inc. Syscoin's smart contract implementation is unlike any other Blockchain
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BETTERNOT.REST
l offering. The recent pitfalls / risks of the non-hardened contracts were ct nefariously exploited (As you can see in The DAO case is only the e beginning; theft and multiple forks eventually generated a loss of severa er million dollars). Syscoin’s hardened smart contracts are immutable and s. fixed and cannot be exploited like a turing-complete scripting platform he such as Ethereum. These hardened contracts considerably reduce the pt chance of creating an “Ethereum Classic” scenario which happened when d the Ethereum community rolled back the chain to unsuccessfully save d the DAO funds. k e, Other features present in the latest 2.1 version of Syscoin's Blockchain ns.is the identity, escrow and price-peg services which were also essentia for us to be able to create our project with the UI / UX we wanted. s, ur After a long search among various technologies in the market, we came to the conclusion that Syscoin was the best choice. At the time, we met with Dan Wasyluk and presented our idea. We not only received great feedback and suggestions from the entire Blockchain Foundry Inc. team but they have also agreed to provide their full support in publicizing ou project. We plan to partner with Blockchain Foundry Inc. to create the necessary architecture and applications required within Syscoin' Blockchain to integrate with our API. tWhat's next? Any update coming? We are building our API and soon we will announce our Product Design d team. e O
n
The Vice President of the United States, Mike Pence, has selected a well-known libertarian and Bitcoin advocate, Mark Calabria, as his chief economist. Calabria is best known as the former director of financial regulation studies at the Cato Institute. He is also an outspoken advocate of free markets, housing reform and alternative currencies.
The measures applied by the People Bank of China’s (PBoC) on China's bitcoin exchanges has led traders to flock to alternative platforms. Bitcoin trading volumes on P2P exchange, LocalBitcoins reached an all-time high during the past month after two of the biggest Chinese bitcoin
exchanges., OkCoin and Huobi, froze withdrawals for up to a month.
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The price of bitcoin has reached $1206 last night, breaking its all-time high on multiple exchanges. Bitcoin has finally surpassed its previous record set in November 2013.The surge in the price is connected to the approach of the announcement regarding the Bitcoin ETF approval, which is to be decided by the SEC. If approved, the ETF will be the first bitcoin ETF in the US
The price of Ether is rising. Having grown more than 55% during February, it has reached 8-month high. The surge in value is believed to be connected to the launch of the Ethereum Enterprise Alliance consortium and to the details given by Vitalik Buterin in his latest blog post regarding some changes that will come with the release of Metropolis.
5 Things You Need to Know About Bitcoin Volatility
Volatility measures the variance of the price of a certain financial instrument within a certain period of time. It is commonly associated with the risk level of the instrument, a highly volatile instrument is regarded as risky and a less volatile instrument as less risky. Therefore, it is important to understand the volatility of bitcoin and other cryptocurrencies if you are looking to invest or trade in the cryptocurrency space. Here are the most important take-aways of the bitcoin volatility analysis based on our data: 1. Bitcoin is the least volatile cryptocurrency Bitcoin weekly volatility reached up to 60% per annum during the previous year (Figure1), but other coin pairs saw even bigger swings. Bitcoin is definitely the most liquid coin, its order books show the deepest sell and buy offers, therefore a big trade will have a smaller price impact, hence a smaller price volatility. Bitcoin is, however, still more volatile than any fiat currency pairs. When comparing Bitcoin trading versus fiat currencies, we observe that BTC versus CNY is the most volatile market (Figure2). This is mainly due to the previously zero trading fees on Chinese exchanges that bumped up volume. Figure1: Volatility of most traded currency pairs
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Figure2: Volatility of BTC versus most traded currencies
It might seem quite intuitive for you that high volatility coincides with
2. High volatility most commonly coincides with high volume and price drop It might seem quite intuitive for you that high volatility coincides with high volume and price drop. When markets panic, prices can drop massively that brings in even more sell orders as everyone tries to close their positions. It is still important to note the relationship of these three factors and their co-movement (Figure 3 and 4). If we divide the volatility by the volume traded, we get that in average, an additional 1000 BTC trading would result in 0.25% increase in volatility. In terms of price impact, it can be an upward or downward move, but in all cases the price will move. Figure 3: Volatility and price of BTC_USD
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Figure 4: Volatility and volume of BTC_USD
3. Bitcoin price moves together with other cryptocurrency prices Bitcoin price over the last 1 year was highly correlated with DASH and XMR (Figure 5), but shows no correlation with Ethereum. We can assume that Bitcoin trading activities boost volumes of other coins as well, and it might well be that news shocks on Bitcoin may affect prices of other coins. Figure 5: Price correlation of most traded coins against USD
4. Bitcoin volatility can be traded
Volatility is a derivative product of an underlying financial instrument and it can be traded via options. Options are products that pay when a certain price condition is met (for example when the price of the underlying product hits an upper barrier). Options are used for speculation (you expect Bitcoin price to drop under 950 USD and want to trade it) or hedging (you are paying your employees in Bitcoin but earn in USD, so want to set the limit of the conversion rate). Currently there are only a few places where you can trade with options on Bitcoin. If you trade with options, you might have recognised something called the implied volatility. Implied volatility is a parameter calculated (implied) from the option pricing equation (Black-Scholes). Although it is also called volatility, it is different from the volatility we calculated above (from now we call it the realised volatility). It is important to watch out for this parameter, as it shows the market sentiment of the underlying product. The higher the implied volatility, the more expensive is the call option. Currently BTC_USD call options with expiry March 31 2017 listed on Deribit show an average implied volatility of 85% on the bid side and 130% on the ask side (compared to a max realised volatility of 60% of last year).
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It is common to see a premium on implied volatilities (compared to realised volatility), as option sellers bear a risk of infinite loss. In general, the more liquid the derivatives markets are, the more deeply liquid the underlying product is (or needs to be). The appearance of options of Bitcoin shows that liquidity of Bitcoin increased. 5. Bitcoin has the potential to match the volatility of major fiat currencies Bitcoin did not do too bad last year compared to fiat currencies. In average, daily returns were positive, volatility was still the highest, but an almost 8% drop in GBP value does not seem a lot better than the 15% drop of BTC. Table: Currency versus USD statistics for 2016
Guide: How to get volatility data from CryptoCompare? Read our guide if you want to obtain data to do your own analysis here.
BLOCKCHAIN NEWS LITECOIN - SEGREGATED WITNESS ADOPTION
go up while fixing persistent issue in the network, like transactio malleability, may end up being activated in Litecoin before it doe on Bitcoin.
Segwit, unlike a block size increase does not require a hard fork to take place and can instead be activate with a soft fork. Segwit removes the witness data from transactions i Litecoin is one of the biggest and order for them to be smaller. The most stable altcoins out there. Thewitness data is separated from it first to employ the scrypt algorithm,transaction and moved into an Litecoin has become the silver ofextended block, allowing blocks to cryptocurrencies where Bitcoin iscontain more transactions than th gold. Despite serving the samecurrent limit, roughly the double function as Bitcoin, a decentralizedprovided that the average size of p2p payment system, Litecoin has transactions remains the same. several differences that are worth exploring. Furthermore, recentSegwit was integrated and launched developments within thein the Bitcoin Core 0.13.1 . Since community may prove to be game then, miners have been able to signa changing for the currency, as new their support for the soft fork by developments may soon be running the 0.13.1 software. integrated into its protocol. Despite quickly rising to the 25%
approval rate,Segwit has been stuck We are talking about Segwit. Thehere for a while now and has been popular scaling solution that coulddropping. help Bitcoin’s transaction capability
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BLOCKCHAIN NEWS
esDespite this, Litecoin is nowthat without it, Segwit would not be onattempting to integrate the Segwitactivated. It all comes down to the g update into its own blockchain, thussmaller pools now. esincreasing the transaction capability, fixing other threats onOnce a majority of 75% of miners the network and paving the way forhas signaled their support for the e,Lightning Network. update, Segwit will be locked, e meaning that segwit transactions edLitecoin miners can signal theirwill be valid. At 95%, non-segwit esupport for Segwit by runningblocks are deemed invalid. The 75% inLitecoin 0.13.2 However, threshold should send a clear eaccording to litecoinpool,support message that Segwit is happening, tsfor the update is low, currently leading the remaining nodes to nsitting at 3.2%. Contrary to some update. oreports, Litecoinpool itself has not hesignaled support for the updateDespite the currently low approval e,completely. A vote is being held, rate, many believe that Litecoin will f and according to it, the pool willactivate SegWit sooner than Bitcoin, only signal support in 21% of its which could be considered as a test. mined blocks, which is equal to theIf it works on Litecoin, miners may dnumber of the miners that votedbe more confident and activate it on yes on the proposal. Bitcoin as well, although a 95% al approval rate is needed. ySome pools have publically stated that they will not signal theirUpdate: Currently, SegWit has a %support. However, the largest 22% support rate. (01/03/2017) k Litecoin mining pool, F2Pool has nalready stated that it will support the update. The F2Pool controls 43% of the network, which means
BLOCKCHAIN NEWS VERTCOIN IS ADOPTING BITCOIN'S SEGWIT
to a new era of Bitcoin mining where it can no longer be done by ordinary people on ordinary computers, but only by those with capital and large mining facilities.
Litecoin was created to return mining to the common computer The Scrypt algorithm, due to it memory requirements, was able to bring back GPU and CPU mining. One of the major concerns with However, Scrypt ASIC miners Bitcoin is the mining centralization. already exist and have merely been Despite being a decentralized and delayed by the memory intensive global cryptocurrency at heart, feature of Scrypt. No update or Bitcoin mining has become a largely change was made to stop this, and industrialized practice, availableeven if attempted, those with the only to those that are capable of majority of mining power (ASICS) hosting large mining operations. would simply vote against it. As so one must assume this issue o This is due to Bitcoin’s algorithm, centralized mining must be deal which due to its low memory with from the start. requirements has spawned a new generation of miners, known as Since Scrypt’s memory ASICs. requirements were not high enough
to block ASIC development and These machines have rendered even if adjusted, there would Graphic card (GPU) and CPU always come a time where ASICS mining useless (unless you like would be achievable,Vertcoin was playing the lottery) and gave way created and the Scrypt-N algorithm
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BLOCKCHAIN NEWS
g was employed. The statement read: y y Scrypt-N relies on the “Adaptive “The Vertcoin Development team h N-Factor” to ensure that ASIC has been busy the last month development will never be feasible working on updating our wallet to during the period in which mining the latest Bitcoin core with n will occur. The Adaptive N-Factor, Segregated Witness (SegWit) [...] r. in which N is the memory required we are excited to announce that s to complete new hashing everything is working as it should o functions, ensure that the memoryon the test-net ,and if time permits . increases with time to stay aheadwe should have the new release s of any possible ASIC development. ready sometime early next week, if n not sooner. This should serve as a e As so, mining remains heads up to miners and pools since r decentralized. Although it is stillwe will need a 75% consensus for d possible to build largeGPU mining Segwit to activate. Please spread the e operations, mining remains fairer word.” ) than the current Bitcoin scenario, o, where to mine any amount The updated wallet should be of profitably, one must spend at least released shortly. It seems that lt $2000 to $3000. SegWit may just come true after all but in different projects including Most recently, Vertcoin has also Litecoin, Groestlcoin and Viacoin. y decided to introduce theSegWit h solution, following the path of d Litecoin and Bitcoin. Vertcoin has d recently released a statement on S their official website announcing the update and asking the m community to “spread the word”.
BLOCKCHAIN NEWS
as users will be able to transfer i seamlessly between the Ethereum and Waves blockchain. This is achieved by using locked wallets and smart contracts. Dual issuanc adds multiple advantages to the token, which can now be used to implement decentralized feature on the Moblie platform through Ethereum and Waves. GameCredits Inc will issue 100 million tokens, 70 Million of which will be distribute during the crowdsale. MobileGo GameCredits has recently Tokens will be available for BTC, announced the crowdfundingETH, WAVES, and GAME. campaign for MobileGo, a dualblockchain token that will “gamify” The purpose of the MobileGo toke the GameCredits Mobile Store. Theis to help make the platform highly crowdfunding campaign, which willinteractive and rewarding. Gamers take place around April this year,will have their profile tied to a socia will help fund the development andstatus based on games played marketing of the platform, which referrals and social interaction. Thi currently has over 300 games fromstatus will unlock MobileGo 150 different developers although rewards for the user. The platform the company estimates that 1000will also have a number of games will be available for play tournaments that will allow player sometime in mid to late 2017. to “test their steel” against on another. The MobileGo token will be the first dual-blockchain asset ever issued,Tournaments can be both
GAMECREDITS ANNOUNCES ICO FOR MOBILEGO
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BLOCKCHAIN NEWS
itcentralized or decentralized. Thefree entrance into VIP gaming mlatter will allow the users to set uptournaments and private beta tests s and run their own MMO of some releases in the store. s tournaments with no middlemanMobileGo holders will also receive ceprovided they have MobileGo in-game coupons and rewards. etokens, which is the only currency o that can be wagered in these. InGameCredits Inc will also use a esturn, centralized tournaments willpercentage of the profits generated hbe run through the game developersby the platform to run a buyback s as a means of promoting their game.program, meaning MobileGo tokens 0 will be bought from exchanges and edDevelopers benefit as much fromburnt to further increase their othis platform as gamers themselvesscarcity. , do. In the current mobile gaming scenario, game developers have to The platform will have multiple pay up to 30% of their revenues to forms of payment including credit enplatforms like Google Play and cards, GameCredits, and local yApple Store. The GameCreditspayment methods. However, users sMobile Store will in turn chargeare incentivized to pay with GAME, al10%. Not only that, but payouts thus creating another powerful use d,are also quicker as are the additioncase for cryptocurrencies! To learn isof new releases to the platform asmore about MobileGo visit the oit allows for a quick and easy official website or read the mintegration of SDKs. whitepaper. f rsHolding the MobileGo token also nebrings multiple advantages to the players. They are rewarded with discounts when using GameCredits h to purchase in-game items, getting
BLOCKCHAIN NEWS
QTUM: THE BEST OF TWO 2016 and the main focus of the project is to compete for the WORLDS
decentralized applications and sma contract markets, while also bringin compatibility between the existin blockchain technologies.
The Qtum project is committed to developing an open source ecosystem for the blockchain community different from that o Bitcoin and Ethereum. It utilizes a Cryptocurrency value is mostlyValue Transfer Protocol (VTP), to defined by the number of people whoachieve the transferring of value accept and use them (volume of from peer to peer and to build up transactions), however, certaindecentralized application platform cryptocurrencies have functionalitiesIt differs from the standard embedded in the code that add toTransmission Control Protoco their intrinsic value.Ethereum was (TCP), that is used as one of the main one of those currencies but after theprotocols of the internet protoco DAO hack the stakeholders suite. This is a pioneer move on the confidence was shaken.Qtum, short field and, if well implemented, wil for Quantum, is a new promising support and enhance variou ecosystem and cryptocurrency thatindustries such as financial service aims to combine the best of bothinternet of things (IoT), supply chain Bitcoin and Ethereum, while management, social media, and addressing the inherited problems ofgaming. both blockchain ecosystems. ThisQtum has also expanded th Bitcoin-Ethereum hybrid was scripting language of Bitcoin Core founded by Patrick Dai in March of becoming the first platform wher
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BLOCKCHAIN NEWS
e it is possible to run smart contractssmart contracts platform. In contrast e based on the unspent transactionwith the Bitcoin standard, the Proofrtoutput model(UTXO). Bitcoin’s of-Work (Pow) model, Proof of Stake ngUTXO model is incompatible withisn't about mining blocks but about ngEthereum’s model, so, not only doesvalidating them. The validation is Qtum fix the compatibility issuedone through the ownership/stake of between the two different the currency, or, in other words, o blockchains, it also allows for mining power in PoS is equivalent to e existing Ethereum applications andthe number of currency you own. n smart contracts to be ported to the of Qtum Blockchain. Qtum’s smartAs of date, the Singapore-based acontracts, called master contracts,project has raised over one million o will run on the Qtum VirtualUSD and the team’s ambitious goal eMachine, an alternative version ofis to “become the blockchain of athe Ethereum Virtual Machine thatChina”. By doing this first, they can m.can be triggered by off-chain inputs.expand to other markets easily, dThey will also include oracle andseeing as China is currently the ol data feed functionalities. Oracles arebiggest cryptocurrency market. ntrusted entities that makeQtum’s platform is expected to olassessments about the state of thelaunch in the summer of 2017. eworld, and the team also plans to llintegrate an identity module To learn more about Qtum, you can usfunctionality, a system that requirescheck out their website or read the es,personal information from the userwhitepaper. n in order to fulfill the compliance d requirements of traditional internet and financial businesses. he e, All these changes result in a rerevolutionary Proof-of-Stake (PoS)
BLOCKCHAIN NEWS BEYOND THE VOID RELEASES BETA VIDEO
The developers have integrated blockchain technology into the game by creating a token-based system called the Nexium N ( XC). These tokens are issued on the Ethereum Blockchain and transferred throug smart contracts. This will result in a economic system that allows player to buy, sell, trade or offer theirs in game items.
Beyond the Void is the first blockchain-based real time strategyThese items are assets on th game, also known as RTS. It was Ethereum blockchain that do not designed for competitive playreside exclusively on the game between players and it featuresserver. As such, they can be MOBA (multiplayer online battle transferred, bought and sold outsid of the game. This also adds a arena) elements. decentralized element to these item A video of the closed beta version ofwhich continue to exist even if the the game was just released and cangame server is hacked or loses be seen here. The closed beta is stillinformation. being tested but looks highly functional. The final version isNow let’s look at the gameplay! scheduled to be released in June ofBeyond the void will be an easy to this year on a free-to-play model, likelearn but hard to master the game most other MOBAs. This contrastsIt’s meant for competitive play and with the traditional pay-to-playif well made has the possibility o model, in which you have to buy the making a success in the esport game or pay a subscription beforescene. Akin to it’s long lost brothers League of Legends and Starcraft you can play it.
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BLOCKCHAIN NEWS
d Beyond the Void will be a highly adding something different to the estrategic game that will feature angame. Maxence is the original mElo ranking system. The matches developer who came up with the idea e will be one-versus-one battles and,for the game. The fact is that both mlike all MOBAs, the game will beMOBA and esports are fast growing ghconstantly evolving and always inmarkets and projects like Beyond the anneed of balancing every time a newVoid are poised to bring rselement, mothership or card, for cryptocurrencies and blockchain nexample, is introduced into thetechnology into those spaces. game. The system employed by Beyond the heThe game features a futuristic settingVoid creates a new generation of t where you control a ship, called thegaming platforms where the players, e Mothership, which basically will beand not the game developers, own e your character or champion. The the ecosystem and where in-game demap contains 6 planets that you canpurchases are not restricted to the aconquer, working as turrets oncegame itself. We may come to see msconquered and asteroid fields wherecollaborations of multiple projects of e you can find Cubes, which will bethis kind, where a piece of armor, s the game`s farm or loot. The map is weapon, spaceship, playing card also customizable by players and(whatever the game features) may be very dynamic, meaning thatavailable for transfer between everything is constantly changingmultiple games, thus creating a new oposition while orbiting the sun. Youage of compatibility in the gaming e.also have Event cards that help shape industry, a gamer’s paradise! dthe scenario or gameplay to your ofadvantage. ts s,The small team behind the game is t, made up of four people, each one
BLOCKCHAIN NEWS and consumers alike.
THE LAUNCH DATE OF THE FIRST TESTNET OF DECENT NETWORK ANNOUNCED
The great thing about the DECENT team is that they recently started sharin detailed information about th development of the project on a regula basis, via documented dev-sprints mad every two weeks. The firstdocument revealed some updates, like the desig package format and the first basi functionalities of the subscription system Basic functionalities involve managin active subscriptions and a price-and duration matching mechanism.
The idea behindDECENT is to create a The second sprint brought several blockchain-based content publishing andnecessary additions to the Network’s cor sharing network. It will allow people andfunctionalities like the seeding plugin, a companies to create a variety of essential feature that deals with th applications on the open-source protocol.network's’ core functionality, and th Those apps can be used for blogs, musiccontent distribution itself wa publishing, streaming, e-bookimplemented. IPFS protocol and publishing, software sales, indie gameslibtorrent, based on a p2p principle, wer development and more. Because of itsintroduced as well as making file transfe decentralized nature, DECENT eliminatesbetween consumers and conten the need for a third party involvementproducers possible. Improvements to th and, by doing so, maximizes the contentDECENT wallet were also made, like the creators’ profits. It also uses strongoption to see the account’s balance, an encryption protocols, ensuring not onlythe Command Line Interface(CLI) has that information will remain secure andbeen temporarily integrated into the GU confidential, but also preventing accesswallet, making the development proces and modification from third parties,even more efficient. Finally, the making it censor-free. The platform hasimplementation of “Travis”, a testing the potential to empower content creatorssoftware, will simplify the work of th
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BLOCKCHAIN NEWS developers.
m ng he ar de
to search for the content and buy it if they choose so.
Apart from the development process, the team is also focused on the marketing side. They have been working hard to ensure that the technology is adopted globally. The CEO and founder of gn DECENT, Matej Michalko, will be ic attending several events across Europe. m.Another update, released at the end of He recently moderated a discussion panel ngJanuary, featured 4 testing levels, thatat Vienna’s venture capital & private d-are planned to be launched during the 4equity conference. The panel discussed upcoming months, and the launch of thethe potential of Blockchain Technology mainnet, the official DECENT Network in relation to the FinTech sector and took l that is scheduled for Q2 2017. The first place on the 14th of February. On the 21 retesting level, named “Caesar”, is set tost of February, Matej went to London and anbe released on the 10th of March andspoke at a meet up hosted by Coinscrum heoffers a unique chance for people to gain and on the day after he introduced the heexclusive access to the DECENT DECENT Network at an event in UCL asnetwork. Users just need tosign up using University. In both events, he elaborates d an email address, but the opportunity ison the company’s goals and plans, and etime limited and the sooner you sign upalso described the future potential of the ersthe earlier batch of invitations you willtechnology and the milestones achieved ntbe included in. This first release willso far. hedemonstrate the whole transaction e model of the DECENT Network, its core To learn more about DECENT, visit the ndfunctionalities and security features, allofficial website and blog. s complemented by the user-friendly GUI. UIUsers will receive a certain amount of ssDCT Tokens, necessary to participate in e the testnet. Publishers will have the g option to upload any digital content and heset its price, and consumers will be able
SUPERNET NEWS
KOMODO NEWS
SUPERNET NEWS SUPERNET TUESDAY UPDATE 31/01/2017
that voted. The interest from the Komodo community is outstanding The results are as follows: EU: 16 nodes NA: 16 nodes AR: 13 nodes SH: 14 nodes
Another week as gone by and There is a total of 59 notary nodes Komodo is now ready for the mostelected! (+3 development notary important update yet, the release ofnodes) = 62 Notary Nodes the GUI wallet, which has been heavily tested by the community. TheThe names of the newly elected distribution of the KMD coins isnotary nodes can be found fromhere. currently ongoing and the first batch KMD distribution & launch started before schedule.
Elections are over, we now know The Komodo distribution process ha started ahead of schedule. If you our notary nodes! haven’t requested a payout, don’t The Komodo notary nodes electionsworry as this is not mandatory yet are now over, and the winners have Users can keep their funds on the been announced! We want to take ICO platform until Komodo starts this opportunity to thank everyonetrading on an exchange.
who participated and the members For those that wish to store their fund
37
SUPERNET NEWS SUPERNET NEWS
ein the wallet, they can request acomprehensive guide for both Linux g!payout on the ICO platform, which and Windows to ensure everyone can will transfer the funds to the addresseasily access and use Iguana! You can previously created on this samefind the guides below: platform. Make sure you have the correct seed (12 words) before you Linux guide request a payout. If you lose your seed, Komodo can`t recover your Windows guide wallet. New website Furthermore, this process can be done without the need to actuallyAlong with the Iguana app, the team sdownload and install the wallet.also published the newsupernet.org y Once you want to use your funds, website. The website will become the you can download the wallet and logcentral hub for everything the team in using your seed and your KMDis doing. For now, the content is dwill be waiting for you. limited, but the team will keep adding new content regularly. Iguana app available for download To stay updated on the latest developments from the Komodo asThe Iguana app, while still in its betaPlatform signup for the newsletter. ustage, has been recently released andYou can also join the Slack to engage t can be downloadedhere. You can the SuperNET community. t.now log in with your seed and access eyour KMD coins! You can also create sa new account and buy some, once they hit exchanges.
dsThe team has also put together a
SUPERNET NEWS SUPERNET TUESDAY UPDATE 14/02/2017
KMD Trading
It has been two weeks since launch and alread Komodo has been added to multiple exchanges. This week, the KMD market was added to Bittrex, one of the leading multi crypto exchanges in the world. Komodo has also been added to multiple comparison websites, so users can easily check the price which is currently sitting at $0.12 while volume is currently 130 BTC (78 BTC in Bittrex) for the last 24h
The team has also added a price widget to the official Komodo website, so users can Another week as passed and the Komodoeasily check how their tokens are doing. platform keeps growing in many aspects. We have been recently added to one of the top exchanges in the scene and our user base continues to expand at an exciting rate.T here’s also our team which has recently grown in numbers. We have hired Barbierir and Odrak as customer support to ensure that every user is well informed and satisfied. - Read more
Radix42 has also been hired to develop native Komodo for windows. He is the same dev that New Iguana Release Coming did the zcash4win. It is still unclear how long this task will take, but if someone can get thisAlthough we have received highly positive done, it’s Radix42. feedback regarding the Iguana wallet, we are going to keep improving it until it become Many more exciting news popped up duringfully functional. Anew version of Iguana will the week. Such as new tools for Komodo be released at the end of next week! miners, new KMD knowledge material and the announcement of the upcoming Iguana PAX Development release. The development of the PAX exchange is
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SUPERNET NEWS
currently ongoing. The 32 PAX assets have Click here to read the guide. already been created and have their own A youtube video has also been created by with dPoW protection. Cryptomined, a great cryptocurrency mining dyblockchain e Furthermore, we have also hired another part-channel that is filled with information that can s time GUI developer that is now working onturn your computer into a money printing machine! Check out the video here. i-the PAX GUI along with Satinder. Last but not the least, a new Komodo mining s nNew updates regarding PAX and the profitability calculator can now be found at e,integration of its assets will be announcedCrypto-economy! Now you can know how much KMD you’re going to get out of your e once the time comes. - Read more rig before you even start. Clickhere to use the PAX preview: calculator. SuperNet Blog https://supernet.org/en/resources/articles
o n
Atomic swaps https://bitcointalk.org/index.php?topic=1605144. msg17761170#msg17761170
Komodo Mining Tools
FAQ: why we forked Zcash http://support.supernet.org/topic/how-komododiffers-from-zcash
Komodo mining is also gaining tractionTo stay updated on the latest developments among CPU and GPU miners! More tools are from the Komodo Platform signup for the now available to assist users in mining! newsletter. You can also join the Slack to engage the SuperNET community. e Suprnova has added aKomodo mining pool. e Suprnova is one of the most popular and esreliable altcoin pools out there!Click here to see all the KMD pools. CryptoCompare has recently created an easy-to-follow picture tutorial on how to mine Komodo with both CPU and GPU! The tutorial covers all the steps from downloading s and installing the wallet to the actual mining!
SUPERNET NEWS SUPERNET TUESDAY UPDATE 21/02/2017
Although theKomodo Platformhas been launched, there are still some feature and aspects of the platform that are yet to be developed. However, the team continues to make steady progress bringing the first ever cryptocurrency to emplo DPoW, assetchains, and much more, to completion. This week on the SuperNet Tuesday update, we’re going to talk about the Komodo market, Liquidity Provide nodes and Iguana wallet updates. Komodo Market
Daily trading volume on the Komodo market continues steadily above $50,000 an impressive feat for a newly launched cryptocurrency. Although the price ha managed to stay above the 0.0001 mark for the majority of the past week, th
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SUPERNET NEWS KMD coin is currently sitting at 0.000095 after an 11% drop in the BTC market. Could this be the bottom? Time will tell.
Market Makers aka Liquidity Provider (LP) nodes s m oyIn order to build the first fully decentralized and anonymous cryptocurrenc exchange that doesn’t rely on proxy tokens, EasyDEX, the Komodo Platform ermust rely on market makers, also known as liquidity providers. These assure that an exchange can take place without the user having to wait long periods of time for orders to be taken, which is usually the case with less-known coins or assets In Iguana, the liquidity will be provided in a decentralized manner, meaning tha anyone can become a Liquidity Provider (LP) node at his own risk. The LP nodes 0,ensure that the decentralized exchange provides market liquidity for cryptocurrency asdaily trading. It works as this (next page):
he
SUPERNET NEWS The LP node will have funds on both sides: locally and on a centralized exchange like Bittrex. When someone buys coins through Iguana’s decentralized exchange, the funds are sent from the local wallet through an atomic swap, and then the trade is balanced (and profit is potentially made) by making an opposite trade through the centralized exchange. This way, the person that exchanged the coin on Iguana can have an easy and quick exchange, while the LP node stands to make a profit. The cryptocurrency market maker functionality will be implemented into the EasyDEX Graphic User Interface (GUI). Jl777 (James Lee), lead developer and founder of Komodo said: "Since the market maker will be part of the iguana desktop app, we will decentralize the market making, and anybody can make a market with their parameters via a GUI.� Running an active market maker will have the usual risks, so it is not for everyone. Before you decide to become an LP node, read the various information that is made available by the SuperNET team: Intro Further info First profitability report Further testing Iguana Progress Report In the previous update, we announced the release of the new Iguana
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version. However, due to a new feature that is to be implemented, the new version will take a bit longer. Jl777 explained: “The delay is my fault. I added a new feature to the iguana core that will allow basilisk transactions to be done a lot faster. For this to work properly, it needs to propagate to the notary nodes and that is in the process now. It also required new logic in the GUI” “The new DEX explorer will allow things to work better, but that is not fully utilized yet as we need all notaries to update to it”
The implementation of the new feature will bring new advantages and make the overall experience far more pleasant. According to tech expert and GUI lead developer, Satinder Grewal, the version that is soon to be released is working much better than it did the week before. Some of the problems that were identified are being solved.
Thus far Satinder has been doing many things manually with just vanilla JS code and jQuery. He says it works, but as the code grows it makes a devs life very difficult. Satinder notes that EasyDEX-GUI code will be needing more efficient and modern tech approach for the EasyDEX and InstantDEX GUI. He wants the GUI code solid, so he decided to go with react.js.
There are two other developers working closely with Satinder: @pbca26 and @ca333. They will be helping in porting the backend code of EasyDEX-GUI into the react.js. Certainly, there’ll be other devs also in this process.
To stay updated on the latest developments from the Komodo Platform signup for the newsletter. You can also join the Slack to engage the SuperNET community.
SUPERNET NEWS
The implementation of the new feature will bring new advantages and make the overall experience far more pleasant. According to tech expert and GUI lead developer, Satinder Grewal, the version that is soon to be released is working much better than it did the week before. Some of the problems that were identified are being solved
Thus far Satinder has been doing many things manually with jus vanilla JS code and jQuery. He says it works, but as the code grows it makes a devs life very difficult. Satinder notes that EasyDEX-GU code will be needing more efficient and modern tech approach fo the EasyDEX and InstantDEX GUI. He wants the GUI code solid, so he decided to go with react.js.
There are two other developers working closely with Satinder @pbca26 and @ca333. They will be helping in porting the backend code of EasyDEX-GUI into the react.js. Certainly, there’ll be other devs also in this process.
To stay updated on the latest developments from the Komodo Platform signup for the newsletter. You can also join the Slack to engage the SuperNET community.
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WAVES WEEKLY 25
refactored and optimised , which will result in reduced blockchain size and prepare the Waves platform for different implementations coming in the nea future.
Real World Crypto 2017 This week we have a series of updates based on the developing Waves technology.
With this is mind, an updated scalabilit Leonid Reyzin gave the presentation roadmap for Waves will be released in ‘Improving Authenticated Dynamicdue course. Aside from the above Dictionaries’ atReal World Crypto 2017, improvements of reducing proof size in which he discusses ways to streamlineand speeding up verification, it wil the large and growing key value store allow miners to process only the asset associated with blockchain transactions.they want to, but validate all of them. Using authenticated data structures allows the continued use of lower- Readers may also be interested in th powered devices to maintain the recent Real World Crypto 2017 network, and enables greater efficiency presentation by Evan Jeffrey from than current approaches. Google Quantum A.I., in which he suggests that it may be as much as 10-15 These methods will be integrated intoyears before scalable, fault-tolerant QC the Waves protocol. You can read the is working properly. paper at https://eprint.iacr. org/2016/994.pdf and find the code at News and Dev Summary https://github.com/input-output-hk/scrypto/ The Waves Community Token (WCT) tree/master/src/main/scala/scorex/crypto/ will be launched next week, after the authds. In the meantime, storage is being first snapshot of WAVES balances ends
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WAVES WEEKLY 25
on 15 January. This is a Waves CAT 5.ChronoBank and the Tokes Platform d that will be distributed over the coursecontinue to hold their ICOs. t of the year, with the intention of 6.WWCR is back this week – stay tuned ar rewarding long-term holders of for episode #14! WAVES, encouraging people to keep funds off exchanges, fostering Waves Nodes and Lite Client Reminders community engagement in the wider If you would like to run a full node, Waves ecosystem, and creating a please download the latest mainnet framework for providing community- release at https://github.com/ based KYC/screening of new assets. wavesplatform/Waves/releases/. Anyone One of the first benefits of holding WCT can run a node, but you will need at least will be the distribution of the Byteball10,000 WAVES to generate blocks. You windfall gained from registering somecan read the installation guide here. tyof the Waves ICO funds. 35 BTC will n be sent to WCT holders in the form of For regular users the Lite client can be e a WavesBTC token, which will be downloaded from https:// e redeemable for BTC through gateway wavesplatform.com. Do not download ll to be implemented in due course. This the client from other sources for security tswill also enable users to understandreasons. (Please be aware that there have how BTC and different cryptocurrency been issues with fake github repositories, gateways will function in the Waves as well as fake Twitter accounts and heecosystem. You can find out more about Slack identities.) Alternatively, the WCT on the Waves blog. standalone Chrome app will m Additionally: automatically update as new versions are e released. 1.The Waves mobile app is currently in C testing. 2.Check out the new Waves block explorer and leave feedback! 3.Download the latesttestnet update for DEX and help with testing. e 4.Win 1,000 WAVES or a Waves t-shirt s and laptop sticker (English translation).
WAVES WEEKLY 26
Moscow with a number of major bank and other institutions. Waves will have a presence at Blockchain Expo, a convention of more than 1,500 people active in th cryptocurrency world at London’s The recent interview with Lootz on Olympia, to be held on 23-24 January. Core Media Radiogives a large amount Sasha and members of the team wil of up-to-date information about attend to network with some of the Waves’ tech, developments and biggest names and projects in the timelines. blockchain and payments processing world. This will be part of the large Conferences and Meet-ups London Blockchain Week, in which As the Waves platform nears a state Sasha will be participating in pane of readiness for mass-user adoptiondiscussions and other activities. and mainstream business applications,DEX and Gateways we are broadly switching the focus from tech to business development. Waves’ decentralised exchange (DEX) Although development will of course is functional and being tested. Buy continue, the key elements of the sell orders can be created and placed platform are now almost complete, in the OrderBook via the API on which allows us to concentrate more testnet. The backend is essentially on business relationships. ready now, with only a few minor known bugs to be fixed to improve We are also gaining attention through the API. As ever, community members conferences and other events. The are invited to help with testing and coming week will see anotherMoscow bounties are available for successfu blockchain developers meet-up, bug hunters. The priority now is to hosted on 20 January at the Digital create a user-friendly frontend fo October Center, where Waves has its integration into the lite client. offices. Later in the month, there will be a ‘State of Bitcoin’ conference in Alongside this, the first gateways are
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WAVES WEEKLY 26
s being created. The bitcoin gateway will be first (via Coinomat), with WCT Distribution t current estimates being launch at the The first tranche of Waves Community end of the month or beginning of Tokens (WCT) was distributed to eFebruary. After this will be a Euro WAVES holders on Monday. You can s gateway through a payments partner. find out more about WCT here.Please . These will allow users to swap BTC remember for future (monthly) lland Euros for secure tokens that are distributions that only WAVES held e 100% backed by their respective off-exchange are eligible. Ownership e currencies, which can then be traded of WCT will be the basis for the coming g on Waves DEX. USD come by further BTC distribution from the Byteball er down the line. Once we have windfall. These bitcoin tokens will be established the proof of concept and withdrawable as BTC through the eltested it thoroughly, responsibility forcoming bitcoin gateway. fiat gateways can be outsourced to larger financial organisations. Waves Challenge Our Waves challenge is still running. ) Additionally, work is continuing on We have a first prize of 1,000 WAVES, y/LPoS, Waves’ leased proof-of-stake plus Waves t-shirts and stickers for d algorithm. As well as being able to runners-up. Read this post for more n lease WAVES, it will ultimately be details. y possible to lease CATs too. In the r future, Waves will implement smart e contracts. Every mainstream s blockchain platform needs some form dof smart contracts, but Ethereum has ul taught us that caution is necessary. o Likely Waves will use some form of r non-Turing-complete scripting. You can find out more about our first scaling strategy and coming tech e updates in this post.
WAVES WEEKLY 27
The address is 1 America Square London, EC3N 2LS. Back at the Digital October Center in Moscow on 26th, there will be a conference about the regulator situation for cryptocurrency in Russi to date. Last week, Sasha gave two presentations at the Moscow Blockchain developers’ meetup abou proof-of-stake. London and Meetups This week, members of the Moscow Waves team are visiting London for Tidex the Blockchain Week and Blockchain A new exchange is launching! Tidex, Expo on 23-24 January at London’s which is currently in beta, will wor Olympia. Sasha took part in the panelclosely with the Waves platform. As discussion entitled ‘What is an ICO?’well as trading WAVES itself and other yesterday(exact time 1:49:40). This popular cryptocurrencies such as BTC series of events is a great opportunityLTC, ETH and DOGE, it will be a home to meet with other entrepreneurs andfor CATs launched on the Waves businesses in the blockchain andblockchain. Waves tech will be integrated on the backend in time broader fintech space. providing the security and advantage It’s also the perfect excuse to getof a decentralised exchange where together with some of the Waves appropriate, and allowing Tidex to community who are based in andpioneer best practices. around London. Check the #LondonTo find out more, join the #tidex Slack channel on Slack for up-to-date details,channel. The bounty programme wi but as things stand we’re aiming tostart on Monday, with testers receivin meet on Tuesday 24th at 7pm in the rewards for replicable bugs. Revolution barjust a few minutes walk from the Expo center at the Olympia.WCT and DEX The first tranche of the Waves
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WAVES WEEKLY 27
e,Community Asset, WCT, was Where tokens are traded on a successfully distributed on lastcentralised exchange, this should not nMonday. 20% of the total supply (2 be a problem. In the long-term, the a million of 10 million assets) was sentissue will be addressed through a yto Waves investors, based on a decentralised reputation system, which iasnapshot of the previous 15 days. will allow the community collectively Exchanges did not qualify, and neitherto filter assets deemed fraudulent. This w did WAVES that have not yet been will be an important protection for utwithdrawn from the ICO area, which those trading on DEX. Until then, and meant that holders received a larger as a matter of course, you should always share pro-rata. check the asset id against the id There is already a lively OTC marketpublished by the issuer. for WCT, though reliable price For example, WCT’s id is kdiscovery will only take place once itDHgwrRvVyqJsepd32YbBqUeDH4GJs is traded on Waves’ forthcoming DEX. 1N984X8QoekjgH8J and Incent’s r WCT holders will receive regular is C,rewards, starting with a distributionFlbGXzrpqkvucZqsHDcNxePTkh2Chme of wBTC from Byteball. Ei4GdBfDRRJVof. You can find out more about DEX e development and timeline, and BTC/Waves Challenge e,fiat gateways, in theprevious Weekly. Our Waves challenge is still running. es We have a first prize of 1,000 WAVES, e Fake Assets plus Waves t-shirts and stickers for oNow that we have a number of CATs runners-up. Read this post for more launched on the Waves blockchain, details. k with many more to come, we are Front-end Developer Wanted! illinevitably encountering the problemWaves Platform is looking for a new ngof fake assets. Although every tokenfront-end developer to speed up id is unique, duplicate asset names aredevelopment of the lite client, including possible. This was an intentionalthe Waves DEX. You can find out more decision made to prevent asset- details and a list of requirements here. s squatting.
WAVES WEEKLY 27 ~
Front-end Developer Wanted! Waves Platform is looking for a new front-end developer to speed up development of the lite client, including the Waves DEX. You canfind out more details and a list of requirements here.
Waves Nodes and Lite Client Reminders If you would like to run a full node, please download the latest mainne releases v0.3.6 athttps://github.com/wavesplatform/Waves/releases. Anyone can run a node, but you will need at least 10,000 WAVES to generate blocks. You can read the installation guide here. For regular users the Lite client can be downloaded from https://wavesplatform. com (Please be aware that there have been issues with fake github repositorie as well as fake Twitter accounts and Slack identities.) Alternatively, the standalone Chrome app will automatically update as new versions are release
Press and Articles A Closer Look at App-tokens A Note about "Marketing" Waves Community Token (Waves blog) The Value of the Blockchain: The Medium is the Message How to Mine Waves? Multimedia Improving Authenticated Dynamic Dictionaries (Real World Crypto 2017 video) How Not Knowing Waves...(Interview)
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WAVES WEEKLY 28
According to Sasha Ivanov, the general consensus of the speakers was that Russian regulators are close to some form of legal framework for cryptocurrency in the country. Most probable scenario is a separate law concerning the legal status of crypto, p analogous NY bitlicense. He also noted the importance of events like this one, A transcript of the recent Core Radio stating: interview is now available. This contains “Events like the Cryptocurrency a large amount of up-to-date information etabout a range of Waves-related news, Regulation in Russia are important for the growth of Blockchain including scaling, smart contracts andtechnology and extremely useful for . business development. the community as they help spread Presentations and Conferences awareness on the regulations imposed Last week, Waves team and community on cryptocurrencies, allowing users es,members met in London for the and companies to operate within the eBlockchain Week and Expo – a great legal boundaries of the country.” chance to meet each other, as well as to ed. network with journalists and otherTidex – Beta and Bounties cryptocurrency organisations. SashaThis is good news for Tidex, a new took part in a panel discussion aboutWaves-integrated exchange that is Crowdfunding Law (watch here), along currently in beta – the changing with several other industry experts. regulatory position for bitcoin and An additional presentation in Moscowcryptocurrencies in Russia means that explored crowdfunding in the context ofit has become possible to operate an Cryptocurrency Regulation in Russia exchange openly. Tidex will trade (watch here, with subtitles). You can WAVES, major Waves assets, and 17 read an account of this conference here , several other popular cryptocurrencies. including further information on theIn due course there are plans to add evolving regulatory picture. fiat options. Waves’ DEX will potentially be integrated on the
WAVES WEEKLY 28 the backend in the future, providing the security and advantages of a decentralised exchange where appropriate, and allowing Tidex to pioneer best practices.
the token id before trading.
Waves Nodes and Lite Client Reminders If you would like to run a full node, please download the latest releases Although Tidex is working closely with at https://github.com/wavesplatform/ the Waves developers, they are a Waves/releases/. Anyone can run a separate team and entity, based in node, but you will need at least 10,000 Russia and Ukraine. The Waves team WAVES to generate blocks. You can recognizes the value of this and fully read the installation guide here. supports and endorses Tidex. The For regular users the Lite client can Tidex team will be releasing more be downloaded from https:// information in due course. wavesplatform.com. Do not download the client from other There are bounties for bugs found with sources for security reasons . the exchange. Security bugs will earn (Please be aware that there have been 1,000 WAVES or more, depending on issues with fake github repositories severity. We are particularly interested as well as fake Twitter accounts and in fixing bugs with theAPI. To find Slack identities.) Alternatively, the out more, join the #tidex Slack standalone Chrome app will channel. automatically update as new versions are released. Further News and Information ·We are looking for a new front-end Waves Weekly Crypto Round-up developer. In episode #16, we get Brian’s take ·The Waves challenge is still running – on the bitcoin markets and hear from win 1,000 WAVES! Satinder Grewal, a well-known ·The next distribution ofWCT will developer for SuperNET and occur on 16 February. Only WAVES Komodo. held in a local wallet are eligible. ·Be aware of fake assets: always check
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WAVES TV
WAVES TV EPISODE 17
EPISODE 15
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WAVES TV EPISODE 18
EPISODE 16
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