The ties that bind? Coinbase’s listing of 0x draws scrutiny given the exchange’s connections to a VC firm promising “asymmetric info.”

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Why did we choose Tendermint?

When we were starting to work on Minter almost two years ago, we decided that we would use only the industry’s best practices. In other words, if we can use someone else’s code—especially that written by strong teams—we should definitely do that. We aim to provide our users with the most efficient blockchain and not to collect awards for programmers. At first, we bet on Ethereum code because many popular projects had already been using it at the time. After having created a prototype last fall, however, we saw numerous limitations the engine put. We then conducted an in-depth market analysis and found a perfect candidate for our core—Tendermint!

Tendermint is an open-source engine for blockchain projects.

It allows the members of the network to reach a consensus really fast. Using Tendermint, a blockchain developer can be assured that all active nodes store same sets of transactions, balances, accounts, etc. Thanks to its own consensus algorithm, Tendermint allows for the processing of tens of thousands of transactions per second. The engine itself is written in Golang but lets programmers use any programming language to develop their blockchain.

As of now, over 70 projects—including Cosmos SDK, Cosmos Hub, 0x Project, and OmiseGo—use Tendermint.

The Minter blockchain also uses Tendermint and the DPoS consensus algorithm for high network performance.

Everything we develop is 100% open. Visit our GitHub to view the code and contribute: https://github.com/minterteam

If you got any questions, you may ask them in our chat: t.me/joinchat/EafyERJSJZJ-nwH_139jLQ

About Minter’s Listing on Binance

‎We were contacted by Binance official representative Gleb Kostarev and asked to clarify the following information:
• In order to be listed on an exchange, the project must follow specific rules;
• Minter’s Russian-speaking chat dedicated specifically to Binance will not obtain an official status because the exchange already has its own Telegram community;
• Angels present in chats and social networks are volunteers and not official employees or representatives of the company.

Supported by DeCenter, Minter will send the listing application once the mainnet is launched. As we stated earlier, Binance is our top priority exchange for cooperation, and we will do our best for it to become the first large cryptocurrency exchange that Minter will be listed on.

We will not shut down the chat we mentioned before because when applying, we will need support from Minter participants and Binance users in a vote. There are already almost 1500 real users in the chat, and that’s just the beginning. We will modify the name of the group as well as its avatar and denoscription so that it meets Binance’s requirements and does not mislead the users.

During the whole process—starting from the moment we send the application and up until the exchange announces its decision—DeCenter will be providing a first of its kind detailed review on How Listing on the Leading Exchanges Takes Place, based on the real project’s case.

The Minter team understands and accepts the fact that Binance is a private company and hence may reject our application following its own commercial reasons. Please note that only employees of the companies can make official comment on behalf of Minter and Binance. All other statements should be viewed as personal opinion or speculation attempt.

Make sure to check out the interview DeCenter had with Binance CEO Changpeng Zhao a year ago: dcntr.org/binance-cz-interview

On October 11, Coinbase Pro, owned by the American cryptocurrency trading platform Coinbase, announced the start of support for the new ZRX token of the 0x decentralized exchange protocol. As a result of the so-called "Coinbase effect," the price of the token soared by 40 percent.

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Past Week in Crypto: What Was It Like?

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Timothy May is a cryptographer and cypherpunk who recently agreed to comment on the white paper of Bitcoin at the request of Coindesk. His reflections resulted in a 30-page document on the history of cryptocurrency, the role of the state, and the ideals of cryptography. What is known about Timothy May and what role does he play in the development of the cypherpunks movement?

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Hong Kong plans to introduce cryptographic regulation. Such a measure is necessary to protect the interests of investors. Information about this appeared in the Hong Kong newspaper "South China Morning Post" on October 15. A statement was made by the chairman of the Hong Kong Securities and Futures Commission (SFC), leaving office on October 19. Tong Ka-shing noted that the Commission does not have a focus on a total ban, as happened on the mainland of China, since "prohibitive measures are not always correct and fair."

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Minter mining is a real revolution:
- No hardware needed;
- Use any coin issued on the network;
- And any amount of funds;
- Rewards are distributed to delegators and validators every minute;
- Proportionally to their stakes.

There are three simple steps:
- Choose a validator;
- Transfer your stake to a public address;
- Monitor your rewards every minute.

For more detail, check out one of our how-to articles — https://medium.com/@MinterTeam/how-to-become-a-minter-network-delegator-d0c2ee918909

According to an unconfirmed anonymous source, the U.S. regulators could approve Bakkt Bitcoin (BTC) futures launch in the first week of November.

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Tether, the company behind the fiat-backed stablecoin USDT, announced that over the past week, it has “redeemed a significant amount of USDT” and will now burn 500 million USDT.

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The ICO space has experienced a host of changes this year. Here's the question: What are the market factors that should be taken into account by startups willing to run an ICO for their projects?

Find Out »

Succumbing to the FOMO (fear of missing out) syndrome and trying to catch the uptrend is what causes investors to hurry and breed unprofitable deals.

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Researchers from the University of Florida and Princeton University recently discovered over 3,400 cryptocurrency pump-and-dump announcements from 80 active Telegram channels after having examined data from May 15, 2017, to August 26, 2018.

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In its financial report, microprocessors and graphics processing units manufacturer AMD says that “blockchain-related GPU sales in the third quarter were negligible” compared to “approximately high single digit percentage of total AMD revenue” in Q3 of 2017.

The report sent the company’s stock price down by 25% in after-hours trading.

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According to people familiar with the matter, blockchain technology company Bitfury is considering a potential Initial Public Offering (IPO).

This could mark the first major public listing in the crypto industry in Europe.

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Japan’s financial watchdog formally approved the Japan Virtual Currency Exchange Association (JVCEA), an organization that includes all 16 domestic cryptocurrency exchanges, to self-regulate and police domestic cryptocurrency exchanges.

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Chinese arbitration court has ruled that Bitcoin is protected as property. The defendant refused to return the crypto assets to the plaintiff, claiming the contract should be invalid due to the People’s Bank of China (PBOC) ban on cryptocurrency trading and ICOs. The arbitrator stated, however, that the nature of the case does not fall under the bans outlined by the PBOC.

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Forbes Middle East didn’t fact check its recent cover story and devoted it to a man impersonating as one of the original Monero core team members. Source »

If this is not the first time you hear about ICO projects, then you will understand exactly what is about to be discussed. How often do you see ICO projects that are ready to change our familiar world by staging a technological revolution? Unfortunately, this does not happen often, and not because of the existence of serious technological developments in ICO projects but rather because of simple speculation over the value of a startup.

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A well-known provider of cybersecurity solutions Group IB is preparing to release its report on trends in high-tech cybercrime. According to the summary received by the media, the document contains evidence of 14 different attacks on cryptocurrency exchanges since January of last year. Group IB argues that the state-sponsored North Korean group Lazarus is responsible for most of the criminal activities.

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“We do need to get the other carriers on the platform. Without that network, we don’t have a product. That is the reality of the situation,” said Marvin Erdly, head of TradeLens—a blockchain supply chain product jointly developed by IBM and Maersk.

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