RIVEX early stage introduction :

About :

1) RiveX envisions a decentralized cloud economy, supported by three main pillars such as Blockchain as a Service (BaaS), Enterprise Solutions and Decentralized Finance (DeFi).
2) RiveX is Building a decentralized file sharing and storage infrastructure that utilizes peer to peer architecture and unparalleled data security that only the user has access to using their private encryption key.
3) RiveX bridges different segments of clientele base from enterprise users to public users. Collectively, a wide array of clients from all walks of industries are able to experience end to end products and services offered by RiveX.
4) Whitepaper to be released soon. Commertial paper is available on the website.
5) IEO planned for December 2019.

Technology :

Three main components of Technology
a) Interoperability : Blockchain interoperability provides an option for recognition or interaction on existing blockchain networks. We can almost compare interoperability with decentralization. Interoperability provides us with an option to share information across all existing blockchain networks.
b) Hybrid Chain : RiveX primarily focuses on Blockchain as a Service and Enterprise Solutions. RiveX aligns consortium chains where it comes in as a middleware to enable enterprises to communicate with each other. RiveX aims to provide enterprises with cryptographic end-to-end ecryption with privacy features built around the ring signatures model.
c) Decentralized Finance : RiveX is planning to introduce DeFi initiatives which will involve financial attributes such as a decentralized exchange, derivatives products, investment token offering and future financial services.

Team :

1) Team line up is very top notch with a mix from each field.
2) LEADERSHIP TEAM includes
a) Alex Ng : CEO & Co-Founder : Previously worked in DELL, has a high passion in blockchain technologies.
b) Mark Tan : Advisor & Co-Founder : currently attached to Wanchain as Asia BD Director, leading Wanchain’s blockchain enterprise solutions and joint revenue fintech businesses in South East Asia.
c) Joseph Lee : Chief Technology Officer : He is the ex team member of the Kyber Network and he was the lead of tech trading platform where he built it from scratch.
3) ADVISORS :
a) Li Ni : VP of Wanchain and Wanglu Tech China, co-founder of WANLab, Wanchain's blockchain incubator and accelerator, global partner for WANFund, Wanchain Foundation's blockchain fund.
b) Alexey Koloskov : Chief architect and creator of the Waves decentralized exchange (Waves’ DEX).

Community :

1) Website : https://www.rivex.io/
2) Telegram: https://news.1rj.ru/str/RiveXOfficial
3) Twitter: https://twitter.com/RiveXFoundation
4) No use of airdrops or other community bounties yet shows natural growth of community.

Products :

1) xOffice : A powerful online office suite that supports all major document, spreadsheet and presentation file formats, which you can integrate in your own infrastructure. Key features are collaborative editing and excellent office file format support.
2) xSign : Blockchain-based digital signatures for any type of documents. Enhance your workflow and security of sensitive files, the next-gen digital signature which comes with world class security and privacy.
3) xBNS : Blockchain-based domain name service. xBNS enables engagement between IPFS hashes, smart contracts and wallet addresses.
4) RIVEX.TV : A decentralized protocol and network designed to create a content- addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system. Similar to a torrent, RIVEX.TV allows users to not only receive but host content.

Roadmap :

1) Q4 2019 : Launch of EroX Phase 1, Launch of Twin-Strike and DEX, ICO/IEO (Dec 2019), Alpha Test Net
2) Q1 2020 : Launch of EroX Phase 2 – xSign, xBNS and RIVEX.TV, Beta Test Net
3) Q2 2020 : Mainnet Launch, Super Node Program

Overall, Project looks worth to keep an eye out for.
I'll be following closely with their progress.
Last project I gave such deep attention was ELROND :)

BNB will be launched on Binance.us with USD & USDT trading pairs

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$BAND trading at 1.5x USD

Announcing Matic Network's staking economics!

We are thrilled to be sharing staking economics details with our community!
First thing first, and the answer to the most asked question is, Minimum number of Matic tokens to apply on mainchain to be a validator would be 1.5mn MATIC !! If you want to be a validator, you should start preparing for the same now.

In order to inform our community of the upcoming staking specifics, we are releasing a detailed article outlining incentives, staking rewards, validator information and more.

As a Layer-2 solution utilizing a network of Proof-of-Stake validators for asset security, staking is an integral part of the Matic ecosystem. Validators will stake their MATIC tokens as collateral to become part off the network’s PoS consensus mechanism.

All the details shared are tentative as of now and are subject to change based on the feedback received.

The community will also be given the opportunity to take part in our incentivised testing program, the details of which will be rolled out soon.

Here’s to the next monumental step in the journey of Matic Network! 🥂

Read here: https://blog.matic.network/matic-network-staking-economics

Retweet: https://twitter.com/maticnetwork/status/1174368824625266688

U.S. law enforcement has charged Steven Nerayoff, an early supporter of the ethereum project and a former paid advisor to Overstock’s tZero, with extortion.

Nerayoff is also the co-founder of Casper Labs.
However, his name was missing from the company’s team page as of Wednesday evening.

Read more : https://www.coindesk.com/doj-brings-extortion-charges-against-early-advisor-to-ethereum-tzero

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Electronic Arts (EA) is the leading publisher of games on console, PC and Mobile with 5.4M followers, is financially advising to invest in crypto.

Either the account has been hacked or they are joking or just high on drugs, anyway this is a very bullish sign for crypto if they are serious.

Update :
Even though they meant 'in-game' currency called 'crypto', it's a very great publicity for Crypto in whole.

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RiveX has released a new introduction article.

The article will tell you,
💥What is RiveX?
💥Who is behind RiveX?
💥What do they aim to achieve?

https://medium.com/@RiveXOfficial/rivex-introduction-dadac09967e3

What Is Quantum Supremacy, and Why Is It Such a Computing Milestone?

For the moment, the public-private key encryption techniques on which bitcoin and other cryptocurrencies are based cannot be broken by a quantum computer. But Google's researchers, in their paper, predict that quantum computing power will continue to advance at a "double exponential rate," so those bitcoins may not be safe for all that much longer.

The 53-qubit quantum computer can break any 53-bit cryptography in seconds, meaning Bitcoin’s 256-bit encryption is vulnerable once Google scales its quantum computing to 256 qubits, something their own scientists say will be possible by 2022.

https://fortune.com/2019/09/20/what-is-quantum-supremacy/

https://news.bitcoin.com/what-googles-quantum-breakthrough-means-for-blockchain-cryptography/

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Just went to check out Bakkt , what's all the fuss is about but then...

Binance has added MATIC onto its Margin Trading platform!

Users will now be able to margin trade MATIC through MATIC/BTC and MATIC/USDT pair!

Read More: https://www.binance.com/en/support/articles/360033938952

Retweet: https://twitter.com/maticnetwork/status/1176405945330458624

Market just took a super mega epic gigantic rekt dump in last 12 hrs (why is it that, it always happens when u r sleeping 😂), haven't seen such aggressive selling in a long time

BTC : -12% (low 7800)
ETH : - 15% (low 150.03)
EOS : - 22% (low 2.42)
ALGO : - 25% (low 0.17)
BNB : -16% (low 14.5) [hope u r still holding for next IEO & got rekt]
BTMX : - 13% (low 0.05)

If you think correction is over, not so fast.

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Marlin protocol will be co-hosting Game Oasis Hackathon in Seoul, San Francisco and Bengaluru along with Binance Labs, Matic Network, Cocos-BCX, Celer Network, and Ankr Network.

The Game Oasis Hackathon Bengaluru applications are open now and upto $2000 are for grabs to hackers that build using the Marlin SDK.

Applications close on 2nd October 2019.

Reward structure: https://medium.com/marlin-protocol/marlin-protocols-hack-rewards-for-the-game-oasis-hackathon-bengaluru-b726df7e43b4

For more information on the event and registration, visit: https://medium.com/marlin-protocol/marlin-protocol-to-co-host-the-game-oasis-hackathon-with-binance-labs-in-seoul-and-benga-428c31cf850d

#BetaMainnet

In preparations to our Beta Mainnet launch, we are launching PlasMatic series to educate larger blockchain community about Plasma

We have created a four-part series about Plasma and Matic’s own variation through its More Viable Plasma (MoreVP), an account-based implementation of the scalability model.

Ethereum’s shortcomings came to the spotlight during the 2017 ICO bubble where high transaction volumes increased gas prices and caused excessive network congestion.

It was made apparent that scalability was a key factor in stagnating mass adoption.

Matic Network took it upon themselves to develop a framework towards an account-based plasma.

Throughout this series, we will cover Ethereum, the development of Plasma, how Matic Network is leading scalability solutions, and more.

We will also be launching insightful posts on pioneering security and scalability technical implementations done by our team in the upcoming Beta Mainnet release

Here’s to the evolution of #PlasMatic!
https://blog.matic.network/plasmatic-education-series-part-i

Retweet: https://twitter.com/maticnetwork/status/1177179604521373696

2KEY Transparency initiative✅

Transparency is a core concept of Blockchain. As a company that has built one of the most extensive protocols and DApps on blockchain, we do not fear being questioned.

Therefore we decided to add all our patents, partnerships, and other important documents/data into a Public Due Diligence Folder, accessible to everyone. 🤝

https://drive.google.com/open?id=1Yr2VMh1868HKUa3Xj-LEPntYEXP2DIhI

#BetaMainnet

Matic introduces Plasma Predicates - one step towards generalized Plasma

We have been working hard on various fronts to introduce generalised scaling techniques, while still ensuring security. We are therefore proud to announce that Matic will support Plasma Predicates in our upcoming release.

This is the first time predicates are being used in a production-ready system & we couldn’t be more excited to be pioneering its implementation.

Implementing Plasma predicates allows us to now deploy newer state transition support to our Plasma contracts, without having to re-deploy our existing root contracts.

Now devs can add new Plasma functionality by creating a new contract that implements the necessary logic for that feature and then have our main contract reference the new one. These external contracts are called ‘predicates’.

Here’s to the next big development milestone in the journey of Matic🥂

Read more: https://blog.matic.network/plasma-predicates-one-step-towards-generalized-plasma

Tweet thread: https://twitter.com/maticnetwork/status/1177493983154466823