Forwarded from Minter Network
Four is our lucky number
There are four main stages of development of the Internet of Money as we see it today:
– BIP, a basic coin of the Minter Network, like a bit in the on-line world. Serves to handle all-purpose tasks;
– Custom coins, BIP-reserved, instant liquidity in the Minter Network, atomic swaps via IBC;
– Pure stable coins, BIP-reserved, algo-driven. Pretty similar to custom coins but linked to off-chain prices of any currencies, goods, or services—e.g., USD, oil, the minimum wage in the E.U.;
– Bucket stable coins, BIP- or any custom coin-reserved, algo-driven. Can be used to hedge against macroeconomic events, e.g., the crisis of 2008.
Eventually, all coins will be swappable to any sort of electronic money, including fiat currencies, with the help of a global network of liquidity providers.
Autonomy is our major goal, and it’s achievable by the diversity of coins, so anyone on the Internet of Money will have access to all sorts of common and specific monies just like we have a choice of information in the Wikipedia or YouTube today. So once you get on-line, there will be no need to look back or experience any limitations.
There are four main stages of development of the Internet of Money as we see it today:
– BIP, a basic coin of the Minter Network, like a bit in the on-line world. Serves to handle all-purpose tasks;
– Custom coins, BIP-reserved, instant liquidity in the Minter Network, atomic swaps via IBC;
– Pure stable coins, BIP-reserved, algo-driven. Pretty similar to custom coins but linked to off-chain prices of any currencies, goods, or services—e.g., USD, oil, the minimum wage in the E.U.;
– Bucket stable coins, BIP- or any custom coin-reserved, algo-driven. Can be used to hedge against macroeconomic events, e.g., the crisis of 2008.
Eventually, all coins will be swappable to any sort of electronic money, including fiat currencies, with the help of a global network of liquidity providers.
Autonomy is our major goal, and it’s achievable by the diversity of coins, so anyone on the Internet of Money will have access to all sorts of common and specific monies just like we have a choice of information in the Wikipedia or YouTube today. So once you get on-line, there will be no need to look back or experience any limitations.
According to the Crypto Fear & Greed Index, there is currently extreme fear in the market.
Learn More »
Learn More »
Cointelegraph
Bitcoin Price Fear & Greed Index Turns Blood Red Under 8K — Time to Buy?
Bitcoin price diving below $8,000 has driven market sentiment to extreme fear, which may present a perfect opportunity to buy the dip
Forwarded from Minter Network
While many crypto news media outlets are panicking about whether Telegram Open Network will launch, the Minter team is actively trialing all new developments—for example, this alpha version of the wallet.
We would like to kindly remind you that Telegram’s cutting-edge feature has always been the high quality of their products. Hence, there could be no doubt that the project will see the light of day in time. Few realize that what we are talking about here is not a particular blockchain but the entire decentralized Internet. The Internet, where the TON blockchain itself and its native GRAM coin are simply one moving part of the mechanism which is set to gain autonomy from the rest of the world.
We would like to kindly remind you that Telegram’s cutting-edge feature has always been the high quality of their products. Hence, there could be no doubt that the project will see the light of day in time. Few realize that what we are talking about here is not a particular blockchain but the entire decentralized Internet. The Internet, where the TON blockchain itself and its native GRAM coin are simply one moving part of the mechanism which is set to gain autonomy from the rest of the world.
Less than a month from now, the Telegram Open Network will launch. A slew of news related to the project is mounting as it has already entered the public testing phase, started a smart contract development coding competition, and saw the addition of its TON Wallet to the alpha version of Telegram Messenger (it was removed in today’s upgrade).
What is Telegram Open Network testnet from a validator’s perspective? Find out in @CATnode’s recent review: https://dcntr.org/ton-validator-perspective
What is Telegram Open Network testnet from a validator’s perspective? Find out in @CATnode’s recent review: https://dcntr.org/ton-validator-perspective
decenter.org
Telegram Open Network through the Eyes of the Validator
TON blockchain: what are the advantages of Pavel Durov’s network, and how will new blocks be generated? Read our story as CAT, a Minter Network validator, provides the answers.
📨 #DeCenterDaily
🇪🇺 Ripple has completed the acquisition of an Iceland-based cryptocurrency trading firm for its European expansion.
via The Block
🌽 Ant Financial and Bayer have partnered to develop an agricultural blockchain-powered system.
via CoinDesk
🌏 A bug in Zcash could leak the IPs of full nodes with shielded addresses (zaddr).
via Cointelegraph
💶 The biggest obstacle to a European Central Bank-issued digital currency is “its utility in terms of costs and benefits to the public,” according to the organization’s departing President.
via Modern Consensus
🏀 The NBA told Spencer Dinwiddie that he couldn’t tokenize his multi-million-dollar contract.
via Decrypt
🇪🇺 Ripple has completed the acquisition of an Iceland-based cryptocurrency trading firm for its European expansion.
via The Block
🌽 Ant Financial and Bayer have partnered to develop an agricultural blockchain-powered system.
via CoinDesk
🌏 A bug in Zcash could leak the IPs of full nodes with shielded addresses (zaddr).
via Cointelegraph
💶 The biggest obstacle to a European Central Bank-issued digital currency is “its utility in terms of costs and benefits to the public,” according to the organization’s departing President.
via Modern Consensus
🏀 The NBA told Spencer Dinwiddie that he couldn’t tokenize his multi-million-dollar contract.
via Decrypt
Cryptocurrency exchanges Coinbase, Kraken, Poloniex, and Bittrex have developed a system to rate which cryptocurrencies are likely to be securities.
Continue Reading »
Continue Reading »
The Block
Coinbase, Kraken and others develop a system to rate cryptocurrencies on likelihood they are securities
Cryptocurrency exchange operators, including Coinbase, Kraken, Circle (operator of Poloniex) and Bittrex, have developed a system to rate which cryptocurrencies are likely to be securities. XRP has a score of 4, while EOS, Stellar and Tezos scored 3.75. Bitcoin…
📨 #DeCenterDaily
💵 The EOS blockchain network developer has settled an unregistered securities sale case with the U.S. Securities and Exchange Commission (SEC).
via CoinDesk
🤝 Six major Japanese brokerage firms have established the Security Token Offering (STO) Association.
via The Block
🌎 Revolut has partnered with Visa to expand into North America, South America, and Asia.
via Cointelegraph
💪🏻 LedgerX has accused former U.S. Commodity Futures Trading Commission (CFTC) chairman of revenge.
via Modern Consensus
❌ Binance has disabled the BTTBTC trading pair.
via Decrypt
💵 The EOS blockchain network developer has settled an unregistered securities sale case with the U.S. Securities and Exchange Commission (SEC).
via CoinDesk
🤝 Six major Japanese brokerage firms have established the Security Token Offering (STO) Association.
via The Block
🌎 Revolut has partnered with Visa to expand into North America, South America, and Asia.
via Cointelegraph
💪🏻 LedgerX has accused former U.S. Commodity Futures Trading Commission (CFTC) chairman of revenge.
via Modern Consensus
❌ Binance has disabled the BTTBTC trading pair.
via Decrypt
Forwarded from – Гордеев, что с криптой?
A Book
I decided to write a visionary book called The Future of Money, in which I will provide my forecast of what money landscape shifts we can expect in the next 10–30 years.
It is more about challenging myself. First, I will need to seriously weigh everything and put a multi-dimensional future in an understandable format. Second, I will have to write in English. And last but not least, the book must be interesting for readers.
Why money? The answer lies in the fact that money is perhaps the most confusing tool of everyday use. No one ever thinks about how it works, but everyone needs it.
In all my endeavors, it is often vital for me to lay out the direction of work through a noscript from which I can develop a story. A story to be told to the community of people with whom I work on a product as well. I have already set the direction: the book will cover the future of money. But if I was going for a concise noscript, I would consider Money 2.0—an implication that all the previous monies were only the first version.
And if you think that I want to simply pick up a pen and start writing, you totally miss the point. I will try to make this book using GitHub, with pull requests so widely seen within this specific environment, so that anyone can add their knowledge and correct my mistakes. All the fact-checking and proofreading will be paid with a project coin, thereby proving in practice that private money is already working today.
I am going to donate all proceeds from the book to the Minter Development Foundation, for the benefit of the development of the Internet of Money.
#money20
I decided to write a visionary book called The Future of Money, in which I will provide my forecast of what money landscape shifts we can expect in the next 10–30 years.
It is more about challenging myself. First, I will need to seriously weigh everything and put a multi-dimensional future in an understandable format. Second, I will have to write in English. And last but not least, the book must be interesting for readers.
Why money? The answer lies in the fact that money is perhaps the most confusing tool of everyday use. No one ever thinks about how it works, but everyone needs it.
In all my endeavors, it is often vital for me to lay out the direction of work through a noscript from which I can develop a story. A story to be told to the community of people with whom I work on a product as well. I have already set the direction: the book will cover the future of money. But if I was going for a concise noscript, I would consider Money 2.0—an implication that all the previous monies were only the first version.
And if you think that I want to simply pick up a pen and start writing, you totally miss the point. I will try to make this book using GitHub, with pull requests so widely seen within this specific environment, so that anyone can add their knowledge and correct my mistakes. All the fact-checking and proofreading will be paid with a project coin, thereby proving in practice that private money is already working today.
I am going to donate all proceeds from the book to the Minter Development Foundation, for the benefit of the development of the Internet of Money.
#money20
One of the top Germany-based banks has predicted a price of Bitcoin at USD 90,000 apiece after the 2020 halving.
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Read More »
A new report from the United Nations reveals that the distributed ledger technology can assist in eliminating the problems of hunger, inequality, and poverty.
Learn More »
Learn More »
Modern Consensus.
UN: Blockchain and other FinTech can save the world - Modern Consensus.
A United Nations report argues that new financial technologies like blockchain can reduce hunger, fight inequality, and eradicate poverty Blockchain and other new financial technologies can help alleviate hunger, inequality, and poverty according to a new…
📨 #DeCenterDaily
♎️ Libra nodes have gone live on the pre-mainnet, according to the project’s roadmap.
via Cointelegraph
🇺🇸 Two U.S. lawmakers have called on the Federal Reserve to consider a digital national currency.
via CoinDesk
💵 Coinbase now offers rewards for users holding its USDC stablecoin.
via Decrypt
🇨🇭 Switzerland-based exchange SIX has listed a BTCETH exchange-traded product (ETP).
via The Block
🇮🇳 South Korea’s largest Bitcoin exchange Bithumb is trying to convince the government of India to allow cryptocurrency trading.
via ccn
♎️ Libra nodes have gone live on the pre-mainnet, according to the project’s roadmap.
via Cointelegraph
🇺🇸 Two U.S. lawmakers have called on the Federal Reserve to consider a digital national currency.
via CoinDesk
💵 Coinbase now offers rewards for users holding its USDC stablecoin.
via Decrypt
🇨🇭 Switzerland-based exchange SIX has listed a BTCETH exchange-traded product (ETP).
via The Block
🇮🇳 South Korea’s largest Bitcoin exchange Bithumb is trying to convince the government of India to allow cryptocurrency trading.
via ccn
Blockchain surveillance firm Chainalysis has added support for seven ERC-20 standard tokens.
Learn More »
Learn More »
The Block
Chainalysis adds support for 10 ERC-20 tokens; support for XRP to be included - The Block
Blockchain analysis firm Chainalysis just added support of ten ERC-20 tokens to its signature AML solutions, as cryptocurrency firms ramp up its compliance effort amidst regulatory uncertainty. Announced on Thursday, the ten ERC-20 tokens include Maker, Dai…
Major venture capital firm Andreessen Horowitz has announced the launch of a startup school for cryptocurrency entrepreneurs.
Find Out More »
Find Out More »
The Block
Andreessen Horowitz launches crypto startup school
Venture capital firm Andreessen Horowitz has announced the launch of a startup school for entrepreneurs looking to develop cryptocurrency projects. At the
📨 #DeCenterDaily
🔚 PayPal allegedly considers quitting Facebook’s Libra project.
via ccn
🇺🇸 The United States House Financial Services Committee demands that Facebook CEO Mark Zuckerberg testify on Libra before January next year.
via Cointelegraph
🇬🇧 Coinbase U.K. has resumed accepting U.K. bank deposits and withdrawals.
via CoinDesk
🍏 Apple does not intend to issue a cryptocurrency of its own, according to the company’s CEO Tim Cook.
via Decrypt
🇮🇳 The Indian police have found themselves unable to access proceeds made from auctioning off seized cryptocurrency due to the current RBI banking ban.
via Bitcoin.com
🔚 PayPal allegedly considers quitting Facebook’s Libra project.
via ccn
🇺🇸 The United States House Financial Services Committee demands that Facebook CEO Mark Zuckerberg testify on Libra before January next year.
via Cointelegraph
🇬🇧 Coinbase U.K. has resumed accepting U.K. bank deposits and withdrawals.
via CoinDesk
🍏 Apple does not intend to issue a cryptocurrency of its own, according to the company’s CEO Tim Cook.
via Decrypt
🇮🇳 The Indian police have found themselves unable to access proceeds made from auctioning off seized cryptocurrency due to the current RBI banking ban.
via Bitcoin.com
Mutual fund giant Vanguard Group has started piloting the distributed ledger technology for foreign exchange (FX) trading.
Read More »
Read More »
The Block
Vanguard begins testing blockchain technology for FX trading - The Block
Mutual fund giant Vanguard Group is testing a new peer-to-peer foreign exchange (FX) trading platform for assets managers through a partnership with Symbiont, a blockchain technology provider, according to a Bloomberg report. The trading platform will enable…
Forwarded from TON
💎 Switzerland-based firm Gram Vault is set to become the first major seller of the GRAM cryptocurrency.
Given the price of GRAM is $3 apiece, the total amount of assets stored may be standing at $3 billion.
Gram Vault provides services to TON investors, ensures the connection with top exchanges, and positions itself as a primary GRAM storage solution for early investors of the Telegram Open Network.
The company has bank accounts in Switzerland, Lichtenstein, and the U.S.
For more detail, view the survey attached below that has been recently e-mailed to some of the early investors.
Given the price of GRAM is $3 apiece, the total amount of assets stored may be standing at $3 billion.
Gram Vault provides services to TON investors, ensures the connection with top exchanges, and positions itself as a primary GRAM storage solution for early investors of the Telegram Open Network.
The company has bank accounts in Switzerland, Lichtenstein, and the U.S.
For more detail, view the survey attached below that has been recently e-mailed to some of the early investors.
📨 #DeCenterDaily
🔚 PayPal has officially withdrawn from Facebook’s Libra project.
via Modern Consensus
🇷🇺 Norilsk Nickel, one of the world’s largest producers of palladium and refined nickel, is launching a metal-backed token.
via CoinDesk
🇬🇧 The Financial Conduct Authority (FCA) has seen a 74-percent increase in cryptocurrency-related investigations this year.
via Cointelegraph
🇮🇳 The Supreme Court of India will hear the crypto case next week.
via Bitcoin.com
🇻🇪 Venezuela’s largest retail chain has opened its first Bitcoin ATM.
via Decrypt
🔚 PayPal has officially withdrawn from Facebook’s Libra project.
via Modern Consensus
🇷🇺 Norilsk Nickel, one of the world’s largest producers of palladium and refined nickel, is launching a metal-backed token.
via CoinDesk
🇬🇧 The Financial Conduct Authority (FCA) has seen a 74-percent increase in cryptocurrency-related investigations this year.
via Cointelegraph
🇮🇳 The Supreme Court of India will hear the crypto case next week.
via Bitcoin.com
🇻🇪 Venezuela’s largest retail chain has opened its first Bitcoin ATM.
via Decrypt