Federal Reserve VP of treasury predicts that a state-controlled fiat currency will be issued on a blockchain within five years.
Read More >
Read More >
Forbes
Federal Reserve VP Describes The Limits Of Cryptocurrency Partnerships
This central banker may not trust outsiders with the U.S. dollar, but he's part of a larger push around the world to re-imagine monetary systems.
Forwarded from Minter Network
Why do we ask everyone to pass the KYC procedure?
The Early Access Campaign, during which we will distribute 100% of the network’s pre-mine (200 million BIP), must fully comply with the modern requirements of regulators.
We as a project credit the coins to the accounts of our users. Some of them pay with Bitcoin, some participate in the airdrops, but we have to make sure that everyone fully comprehends their role in the network. For that, we need to identify our users through the KYC (Know Your Customer) process. The data is collected and processed by our partner Sum&Substance, an unrivaled leader in this field. Minter does not store your personal data, nor does it have access to it. Situations differ, however, and in the case of a valid court order, we will be able to track the whole chain—i.e., who agreed to what terms, what these users eventually received, and whether or not they fulfilled their obligations or realized their rights.
Anonymity is a good thing, for sure. But we are building the system in which people will be able to spend their BIPs and other coins using bank cards. No bank will work with us if we don’t set the relationship with our users properly.
And we’ve made our choice. It’s better to have crypto that people can use to pay for coffee or withdraw to fiat rather than the anonymous one (is it that anonymous, though?) that strongly limits the use cases.
Sign up for Minter and become part of the big future: https://bot.minternetwork.com
P.S. The pre-mine is available only to users who sign up before October 31, 2018.
The Early Access Campaign, during which we will distribute 100% of the network’s pre-mine (200 million BIP), must fully comply with the modern requirements of regulators.
We as a project credit the coins to the accounts of our users. Some of them pay with Bitcoin, some participate in the airdrops, but we have to make sure that everyone fully comprehends their role in the network. For that, we need to identify our users through the KYC (Know Your Customer) process. The data is collected and processed by our partner Sum&Substance, an unrivaled leader in this field. Minter does not store your personal data, nor does it have access to it. Situations differ, however, and in the case of a valid court order, we will be able to track the whole chain—i.e., who agreed to what terms, what these users eventually received, and whether or not they fulfilled their obligations or realized their rights.
Anonymity is a good thing, for sure. But we are building the system in which people will be able to spend their BIPs and other coins using bank cards. No bank will work with us if we don’t set the relationship with our users properly.
And we’ve made our choice. It’s better to have crypto that people can use to pay for coffee or withdraw to fiat rather than the anonymous one (is it that anonymous, though?) that strongly limits the use cases.
Sign up for Minter and become part of the big future: https://bot.minternetwork.com
P.S. The pre-mine is available only to users who sign up before October 31, 2018.
Minternetwork
Early Access Campaign
Participate in the Early Access Campaign to become an early adopter of the Minter network and also one of the first people to receive BIP.
Forwarded from Minter Network
Below is a very important guide to becoming a delegator in the Minter network.
https://medium.com/@MinterTeam/how-to-become-a-minter-network-delegator-d0c2ee918909
By delegating coins—BIPs or those issued by the projects—users receive a portion of block rewards and transaction fees. That is one of the most revolutionary ideas the blockchain world has ever seen! Anyone—not only coin creators and masternode owners—can participate in the network’s economy!
https://medium.com/@MinterTeam/how-to-become-a-minter-network-delegator-d0c2ee918909
By delegating coins—BIPs or those issued by the projects—users receive a portion of block rewards and transaction fees. That is one of the most revolutionary ideas the blockchain world has ever seen! Anyone—not only coin creators and masternode owners—can participate in the network’s economy!
Medium
How to Become a Minter Network Delegator
A holder of any coin in the Minter network can become a delegator. In order to become a delegator, the user must send a delegation…
Paper Wallets
What are the risks and benefits of paper wallets? How do you spend from them? Why are they hard to create and use securely? Why is a hardware wallet preferable?
https://youtu.be/cKehFazo8Pw
#flashcards
What are the risks and benefits of paper wallets? How do you spend from them? Why are they hard to create and use securely? Why is a hardware wallet preferable?
https://youtu.be/cKehFazo8Pw
#flashcards
YouTube
Bitcoin Q&A: Using Paper Wallets
What are the risks and benefits of paper wallets? How do you spend from them? Why are they hard to create and use securely? Why is a hardware wallet preferable?
Chapters
0:00 When spending part of the funds in a paper wallet, why do you risk losing your…
Chapters
0:00 When spending part of the funds in a paper wallet, why do you risk losing your…
Have the DEXs Fallen before Regulators?
Centralized, decentralized, hybrid, and so on. The choice of crypto exchanges today is broad, but it is not simple. Traditionally, the most obvious difference between CEX and DEX was controllability of the regulator. Centralized sites sought to improve relations with the SEC, sacrificing user comfort, while decentralized defended privacy. A new player, however, the decentralized Everbloom exchange, which has already established relations with several financial regulators, wants to break this balance of forces.
Learn More Now >
Centralized, decentralized, hybrid, and so on. The choice of crypto exchanges today is broad, but it is not simple. Traditionally, the most obvious difference between CEX and DEX was controllability of the regulator. Centralized sites sought to improve relations with the SEC, sacrificing user comfort, while decentralized defended privacy. A new player, however, the decentralized Everbloom exchange, which has already established relations with several financial regulators, wants to break this balance of forces.
Learn More Now >
decenter.org
Have the DEXs Fallen before Regulators?
Decentralized exchanges are forced to compromise user convenience and implement compliance procedures by regulators.
Forwarded from Minter Network
⭐️ We released our iOS wallet!
https://itunes.apple.com/us/app/bip-wallet-testnet/id1436988091?ls=1&mt=8
https://itunes.apple.com/us/app/bip-wallet-testnet/id1436988091?ls=1&mt=8
Forwarded from Minter Network
We have gathered feedback from our users and composed a list of the most common obstacles they faced while passing the KYC procedure:
https://medium.com/@MinterTeam/solving-kyc-related-issues-34aaf846a602
Should you have any other problems that are not discussed in the article above, you are more than welcome to reach us at @MinterPSbot.
https://medium.com/@MinterTeam/solving-kyc-related-issues-34aaf846a602
Should you have any other problems that are not discussed in the article above, you are more than welcome to reach us at @MinterPSbot.
Medium
Solving KYC-Related Issues
When registering to participate in the Minter Early Access Campaign, all users need to go through the KYC (Know Your Customer) procedure…
Why Bitcoin Will Cost a Million
Have you thought that investors have already lost a chance to earn money on the growth of the price of Bitcoin and other cryptocurrencies after 2013 and 2017? Missed opportunities greatly affect the perception of what lies ahead. Especially when the market does not show its characteristic green color. But one fact must be admitted that the price of Bitcoin will most likely rise to $1,000,000, rather than fall to zero. Its history confirms this fact.
Learn Now >
Have you thought that investors have already lost a chance to earn money on the growth of the price of Bitcoin and other cryptocurrencies after 2013 and 2017? Missed opportunities greatly affect the perception of what lies ahead. Especially when the market does not show its characteristic green color. But one fact must be admitted that the price of Bitcoin will most likely rise to $1,000,000, rather than fall to zero. Its history confirms this fact.
Learn Now >
decenter.org
Why Bitcoin Will Cost a Million
Despite its sluggish dynamics, Bitcoin is still headed for the top. Just a bit later.
How Do Cryptocurrency Exchanges Operate in an Era of Declining Digital Assets?
The rates of cryptocurrencies are inexorably falling and maintaining bearish trends. But despite this, cryptocurrency exchanges, even little-known startups, continue to earn and, in some cases, show an increase in trading volumes. How do crypto platforms manage to expand against the background of the low cost of Bitcoin compared to December 2017, and what do popular exchanges do to attract new users?
Read More >
The rates of cryptocurrencies are inexorably falling and maintaining bearish trends. But despite this, cryptocurrency exchanges, even little-known startups, continue to earn and, in some cases, show an increase in trading volumes. How do crypto platforms manage to expand against the background of the low cost of Bitcoin compared to December 2017, and what do popular exchanges do to attract new users?
Read More >
decenter.org
How Do Cryptocurrency Exchanges Operate in an Era of Declining Digital Assets?
New crypto exchanges are emerging and taking the lead in terms of market capitalization.
Forwarded from Minter Network
Minter allows anyone to issue their own coin. There are two distinctive features that make our blockchain stand out:
• Each coin has value right from the start without the need to be listed on an exchange;
• Any coin can be exchanged for any other one issued in the network—again, without an exchange. Instantly and with no limits. Later, it will be possible to swap all of the Minter-based coins for Bitcoin, Ether, and U.S. dollar.
It’s high time we showed you how exactly to create a coin for your own project: https://medium.com/@MinterTeam/how-to-create-your-own-coin-the-definitive-guide-9186a5c41415
• Each coin has value right from the start without the need to be listed on an exchange;
• Any coin can be exchanged for any other one issued in the network—again, without an exchange. Instantly and with no limits. Later, it will be possible to swap all of the Minter-based coins for Bitcoin, Ether, and U.S. dollar.
It’s high time we showed you how exactly to create a coin for your own project: https://medium.com/@MinterTeam/how-to-create-your-own-coin-the-definitive-guide-9186a5c41415
Medium
How to Create Your Own Coin: The Definitive Guide
Updated on May 28, 2019
What If the Cryptocurrency Rally Does (Not) Happen before the End of the Year?
What awaits the cryptocurrency market in the last weeks of the outgoing 2018? October has come, and, as the chief analyst for ThinkMarkets U.K. Naeem Aslam noted, the current situation resembles the beginning of the 2017 bull market. Even the fact that Bitcoin is struggling to break through resistance levels at $6,800 and $7,000 at the beginning of October while keeping the support line at $6,000 is very similar to what it was 12 months ago. Then, Bitcoin cost a little more than $3,000, and in the end, soared to a level of $20,085 on December 17.
Learn More Now >
What awaits the cryptocurrency market in the last weeks of the outgoing 2018? October has come, and, as the chief analyst for ThinkMarkets U.K. Naeem Aslam noted, the current situation resembles the beginning of the 2017 bull market. Even the fact that Bitcoin is struggling to break through resistance levels at $6,800 and $7,000 at the beginning of October while keeping the support line at $6,000 is very similar to what it was 12 months ago. Then, Bitcoin cost a little more than $3,000, and in the end, soared to a level of $20,085 on December 17.
Learn More Now >
decenter.org
What If the Cryptocurrency Rally Does (Not) Happen before the End of the Year?
The grim and not so grim prospects that await the crypto market by the end of the year.
Stablecoins Are All the Rage in Crypto Space
“Now, in the middle of 2018, it seems that every second project is a stablecoin,” says Havven founder Kain Warwick. At the end of September, Blockchain published a study on this rapidly developing cryptocurrency market niche. The authors note that the number of stablecoins has increased significantly over the past 12–18 months and more than a dozen different companies have announced plans to launch stablecoins by the end of this year.
Read More >
“Now, in the middle of 2018, it seems that every second project is a stablecoin,” says Havven founder Kain Warwick. At the end of September, Blockchain published a study on this rapidly developing cryptocurrency market niche. The authors note that the number of stablecoins has increased significantly over the past 12–18 months and more than a dozen different companies have announced plans to launch stablecoins by the end of this year.
Read More >
decenter.org
Stablecoins Are All the Rage in Crypto Space
Stablecoins are everywhere, but are they really necessary?
Forwarded from Minter Network
FIFO: The Process of Crediting BIP after the End of the Early Access Campaign
To strengthen the security of the process of crediting the coins and ensure support for Minter network first users, we have designed the following protocol:
• Validator pools will be the first to receive the coins. There are only about 20 such pools, and the number of public ones is even lower. That’s why it will be enough for us just to check all transactions once more and transfer the corresponding volumes to the pools. The process will take 2 to 3 days.
• After that, a special team will start checking all incoming non-pool transactions, contact users, and help them get their BIP. At this stage, it will be essential for us to make sure that everyone understands how to claim their coins, where to transfer them, and how to protect their holdings. The process will take 1 to 2 weeks.
• Once we confirm that 80% of Campaign participants transferred their coins, pools fulfilled their obligations, and all users got support and consulting, we will start an airdrop that will last for months.
A few pieces of advice:
• If you don’t want to delve into the network specifications yourself, the best option is to purchase BIP through a pool. Pools are run by professional teams who have prepared great participation mechanisms, including those involving bonuses.
• If you want to become one of the first BIP owners to set up your own masternode or become a delegator, the sooner you sign up for the Campaign, the better. In a young network, every day matters—he who starts earlier gets most of it.
• If you plan to create a project based on Minter—for example, an exchange or a wallet—and can’t satisfy your needs under a 10 BTC limit, reach our team at @MinterPSBot so that we could help you plan everything in advance and also provide consulting on the network’s architecture and capabilities.
The general principle, FIFO (First In First Out), implies that those who will be the first to participate in the Campaign will also be the first to receive the coins and start working with them.
To strengthen the security of the process of crediting the coins and ensure support for Minter network first users, we have designed the following protocol:
• Validator pools will be the first to receive the coins. There are only about 20 such pools, and the number of public ones is even lower. That’s why it will be enough for us just to check all transactions once more and transfer the corresponding volumes to the pools. The process will take 2 to 3 days.
• After that, a special team will start checking all incoming non-pool transactions, contact users, and help them get their BIP. At this stage, it will be essential for us to make sure that everyone understands how to claim their coins, where to transfer them, and how to protect their holdings. The process will take 1 to 2 weeks.
• Once we confirm that 80% of Campaign participants transferred their coins, pools fulfilled their obligations, and all users got support and consulting, we will start an airdrop that will last for months.
A few pieces of advice:
• If you don’t want to delve into the network specifications yourself, the best option is to purchase BIP through a pool. Pools are run by professional teams who have prepared great participation mechanisms, including those involving bonuses.
• If you want to become one of the first BIP owners to set up your own masternode or become a delegator, the sooner you sign up for the Campaign, the better. In a young network, every day matters—he who starts earlier gets most of it.
• If you plan to create a project based on Minter—for example, an exchange or a wallet—and can’t satisfy your needs under a 10 BTC limit, reach our team at @MinterPSBot so that we could help you plan everything in advance and also provide consulting on the network’s architecture and capabilities.
The general principle, FIFO (First In First Out), implies that those who will be the first to participate in the Campaign will also be the first to receive the coins and start working with them.
Forwarded from Minter Network
⚡️ Minter is offering a 25-percent bonus to all of the users who top up their balance until October 19, 2018, 19:00 UTC. If you have already deposited the funds to your account or plan to do so in the next 10 days, then you’ll have a 25-percent bonus on all of your deposits.
It doesn’t matter whether you participate directly or through a pool. A 25-percent bonus will appear for each of your transactions in a separate Bonuses and Airdrops section that will be launched in the next few days!
Sign up via @MinterNetworkBot or https://bot.minternetwork.com.
With this bonus, we want to thank all those people who have been supporting the project from the first days 😎
It doesn’t matter whether you participate directly or through a pool. A 25-percent bonus will appear for each of your transactions in a separate Bonuses and Airdrops section that will be launched in the next few days!
Sign up via @MinterNetworkBot or https://bot.minternetwork.com.
With this bonus, we want to thank all those people who have been supporting the project from the first days 😎
Minternetwork
Early Access Campaign
Participate in the Early Access Campaign to become an early adopter of the Minter network and also one of the first people to receive BIP.
Important news! Crypto Games Conference holds Crypto Games Conference Showcase, the exhibition of crypto game developers. For the exhibition area, there are provided 60! FREE stands for the most interesting and promising games.
Requirements for games and teams:
- Crypto game using smart contracts and/or cryptocurrencies/tokens
- Alpha/Beta product version
- Personal presence at the exhibition behind the stand
Approved participants are provided with:
- Free stand in the Showcase area
- Free ticket for the conference (Standard Pass)
- 50% discount on tickets for all team members
Grab luck by the tail and apply right now: https://docs.google.com/forms/d/e/1FAIpQLSecHARpQPnDehkLGFnho__Egdlm6eQAI9JL1HwAxrcQZOS9sQ/viewform
Do you develop dAPPS on WAVES? There is a special nomination for you at our CGC Awards Ceremony. Three best games based on WAVES Platform will receive valuable prizes in the equivalent of $500, $1,000, and $1,500. You don't even have to come to Minsk to collect your award. The chances are high! Apply before October 10 and win!
https://docs.google.com/forms/d/e/1FAIpQLSecHARpQPnDehkLGFnho__Egdlm6eQAI9JL1HwAxrcQZOS9sQ/viewform
USE OUR SPECIAL PROMO CODE TO PURCHASE TICKETS: DECENTER.CGC -20%
Meet you in Minsk on October 17-18!
https://cryptogames.events
Requirements for games and teams:
- Crypto game using smart contracts and/or cryptocurrencies/tokens
- Alpha/Beta product version
- Personal presence at the exhibition behind the stand
Approved participants are provided with:
- Free stand in the Showcase area
- Free ticket for the conference (Standard Pass)
- 50% discount on tickets for all team members
Grab luck by the tail and apply right now: https://docs.google.com/forms/d/e/1FAIpQLSecHARpQPnDehkLGFnho__Egdlm6eQAI9JL1HwAxrcQZOS9sQ/viewform
Do you develop dAPPS on WAVES? There is a special nomination for you at our CGC Awards Ceremony. Three best games based on WAVES Platform will receive valuable prizes in the equivalent of $500, $1,000, and $1,500. You don't even have to come to Minsk to collect your award. The chances are high! Apply before October 10 and win!
https://docs.google.com/forms/d/e/1FAIpQLSecHARpQPnDehkLGFnho__Egdlm6eQAI9JL1HwAxrcQZOS9sQ/viewform
USE OUR SPECIAL PROMO CODE TO PURCHASE TICKETS: DECENTER.CGC -20%
Meet you in Minsk on October 17-18!
https://cryptogames.events
The Peak Moment of Uncertainty Has Come and Market Nerves Are Stretched
Past Week in Crypto: What Was It Like?
Read Now >
Past Week in Crypto: What Was It Like?
Read Now >
decenter.org
The Peak Moment of Uncertainty Has Come and Market Nerves Are Stretched
The market is reaching its fever pitch and there is no clear horizon visible through the storm.
Regulation of Cryptocurrency in Lithuania: Tokens as Securities
In November 2017, the finance ministers of Latvia, Estonia, and Lithuania signed a memorandum on joint efforts to develop the financial sector. One of the points of the document included support for “innovations in the capital market” and regional fintech solutions, including distributed ledger technology. Thus, the authorities of the Baltic countries officially designated blockchain and cryptocurrency as part of financial technology.
Continue Reading >
In November 2017, the finance ministers of Latvia, Estonia, and Lithuania signed a memorandum on joint efforts to develop the financial sector. One of the points of the document included support for “innovations in the capital market” and regional fintech solutions, including distributed ledger technology. Thus, the authorities of the Baltic countries officially designated blockchain and cryptocurrency as part of financial technology.
Continue Reading >
decenter.org
Regulation of Cryptocurrency in Lithuania: Tokens as Securities
Lithuania as a leading force in the blockchain industry with its regulation and economic condition.
Forwarded from Minter Network
We are preparing for a future listing on an exchange and negotiating with authoritative websites about full cards of our project with the BIP cryptocurrency ticker.
The other day we got our information updated on a mega-popular CryptoCompare:
https://www.cryptocompare.com/coins/bip/overview/BTC
The other day we got our information updated on a mega-popular CryptoCompare:
https://www.cryptocompare.com/coins/bip/overview/BTC
CryptoCompare
Minter (BIP) - Live streaming prices and market cap
Live Minter prices from all markets and BIP coin market Capitalization. Stay up to date with the latest Minter price movements and forum discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell.
Forwarded from Minter Network
Minter Bonuses and Airdrops
We will distribute the unrequested BIPs once the sale ends, proportionally to the buyer’s participation. Hence, many will receive bonuses that they will be able to activate during the first month after the launch of the network.
Final amount to be credited will be formed from the following sources:
• Purchased BIPs
• Bonuses in unrequested BIPs
• 25-percent bonus for Early Access (for those who sign up before October 19)
• 10-percent referral bonus for inviting friends
• Pool bonus (for those participating through a pool; up to 25%)
• Airdrops
We think that many users will eventually get a total amount of bonuses equal to the amount they purchased.
Remember this post as tomorrow we will make a very interesting announcement regarding bonuses!
https://bot.minternetwork.com
We will distribute the unrequested BIPs once the sale ends, proportionally to the buyer’s participation. Hence, many will receive bonuses that they will be able to activate during the first month after the launch of the network.
Final amount to be credited will be formed from the following sources:
• Purchased BIPs
• Bonuses in unrequested BIPs
• 25-percent bonus for Early Access (for those who sign up before October 19)
• 10-percent referral bonus for inviting friends
• Pool bonus (for those participating through a pool; up to 25%)
• Airdrops
We think that many users will eventually get a total amount of bonuses equal to the amount they purchased.
Remember this post as tomorrow we will make a very interesting announcement regarding bonuses!
https://bot.minternetwork.com
Minternetwork
Early Access Campaign
Participate in the Early Access Campaign to become an early adopter of the Minter network and also one of the first people to receive BIP.