Tag Archives: Ethereum
Bitcoin – The Coin Universe Keeps Expanding [Chart]
Also interesting: the Ethereum network actually split into two in 2016. It’s a complicated situation, but read about it here. There is now a separate Ethereum, based on the original Ethereum blockchain, trading as “Ethereum Classic” with its own market …
END OF DAY REPORT – BTC LTC ETH VERI GOLD MINERS FLASH CRASH EXPLAINED
Empower yourself. Learn and discover. Have fun. Empower yourself by learning more about FunFair.io – an online games technology and development company. Discover how this company is revolutionizing the online gaming industry. Get involved in the upcoming FunFair ICO (or token creation event). Have FUN!
What is FunFair.io creating?
Bankless. Competitive. Cheaper. Cost-effective. Easy. Decentralized. Disruptive. Fast. Fair. Flexible. Friendly. Fun. Global. Innovative. Quality. Safe. Savings. Seamless. Trustless. All words that describe the online gaming platform and games that are being developed by FunFair.io. This browser-based casino platform, the fastest of its kind on the Ethereum network, will enable next generation smart blockchain gaming on a global scale.
Ethereum Smart Contracts and DApps – No Private Servers
The decentralized FunFair gaming platform makes it possible to create server-less, real-time casino games. This is a result of the innovative utilization of Ethereum smart contracts and DApps (decentralized applications).
Games run entirely within smart contracts. This makes bankless and trustless transactions possible. In addition, the smart contracts and DApps share responsibility on a level that makes seamless online gaming possible. They are asynchronous. They do not operate at fixed time intervals.
The aim is to deliver a fast, flexible and fun gaming experience where it is not required of the player to be concerned with details.
HMTL5 and WebGL Standards – No Flash Required
Games on the FunFair platform can run on any HTML5 enabled browser that is WebGL (Web Graphics Library) compatible. Unlike with most other games, no Flash is required to render 2D and 3D graphics. This makes it possible to play real-time casino games of the highest quality on the widest set of devices, including mobile devices.
It is not difficult to imagine the economies of scale this will generate. Combine this with the low costs associated with a decentralized platform of this nature – no hosting fees, just gas fees. Bets placed via this Ethereum-based technology platform is ten times cheaper per bet than bets placed elsewhere.
This will enable the passing on of savings to players in the form of higher payouts.
Random Number Generators – Provably Fair
Private secret servers in black box code make it extremely difficult to prove the fairness of outputs. This leaves the door wide open to abuse.
FunFair addresses the problem with the use of innovative, in-house developed random number generators (“Fate Channels”) and smart contracts. This makes smart blockchain gaming provably fair – something that brings much needed fairness and transparency to the table. You get to play real-time casino games like never before!
There is no doubt that this brings another disruptive, game changing aspect to the table.
Fun Games – No More Boring “Pick a Number” Blockchain Games
FunFair.io intends to change the status quo when it comes to boring “pick a number” blockchain games that are plaguing the industry.
The platform they are developing will support multi-state games (e.g. Blackjack) as well as games where states exist between individual rounds (e.g. Craps). In addition, the 3D games they build in HTML5 boast high quality 3D graphics. It makes it fun to play casino games!
The best part is that they have already made substantial progress in developing proof of concept blockchain games such as the ones shown in the video below. These casino games are running on test blockchains and are not live yet. However, it is clear to see that progress is being made. Scroll down on this page to see a road map of what they have planned.
Take the games for a spin here!
Developer Friendly – Open Architecture
The open architecture of the FunFair platform makes it extremely developer friendly. It keeps game developers happy. The results are already showing in the progress made this far – the only platform up-to-date that offers “instant, cost-effective real-money gaming to players and developers” (Funfair.io Commercial White Paper).
Operator Friendly – Live in 2 Clicks
The platform is also extremely operator friendly. It will take 2 clicks to publish a full casino suite.
Furthermore, FunFair license holders – those who hold FUN tokens – will have the opportunity to host casinos under their own private labels. A marketplace will be available where they can select the games of their choice, including the ability to select standard or VIP rooms. They will also have the ability to choose their own in-house bonuses for players and more.
When is the FunFair ICO?
The FunFair ICO or token creation event will kick off on June 22, 2017 at 1400 GMT (or shortly afterwards). FUN tokens are the ‘fuel’ required to power all aspects of the FUN platform – it comes with perks and bragging rights!
IMPORTANT: Don’t confuse FUN with FUNCoin (FUNC).
You don’t want to miss out on this event, since it will be the ideal opportunity to acquire FUN tokens at ICO prices. You also get to support the development of a next generation online gaming platform by making a contribution during the FunFair ICO.
In addition, you will be able to use the FUN tokens to play games on the FUN platform, sell it at a potential profit or hold it in order to participate as an affiliate or licensee in the future (e.g. host your own private label casino).
Get more information pertaining to the FunFair ICO or token creation event here.
The FunFair Team – Proven Track Record – 40 Years+ Industry Experience
The founding members, including Jez San (Founder, CEO), have a proven track record of more than 40 years in the gaming industry. They know how to create high quality, fun, interactive, easy to play games that sell well. The core team consists of more than ten full-time developers. Learn more about the team here.
We’ve barely scratched the surface here. Do your own due diligence. Be the champion of your own destiny. Experience smart blockchain gaming like never before.
Crowdsale FAQs: http://www.funfair.io/crowdsale
Token Event FAQ: https://www.funfair.io/token-event/
Commerical Whitepaper: https://www.funfair.io/wp-content/uploads/2017/06/FunFair-Commercial-White-Paper.pdf
Technical Whitepaper: https://www.funfair.io/wp-content/uploads/2017/06/FunFair-Technical-White-Paper.pdf
Promo Reel: https://www.youtube.com/watch?v=Gb3RrTy40yI
Working Demo: https://showcase.funfair.io/
Ethereum is headed for a 38% correction after big price rally, analyst says
Ethereum, a rival cryptocurrency to bitcoin that has rallied over 2,700 percent this year, could be due for a correction to the tune of 38 percent, according to one analyst. On January 1, ethereum was trading at just under $8 and has risen to a record …
Ethereum, the bitcoin rival that has rallied 2700%, is headed for a 38% correction, analyst says – CNBC
Ethereum, the bitcoin rival that has rallied 2700%, is headed for a 38% correction, analyst says
Ethereum, a rival cryptocurrency to bitcoin that has rallied over 2,700 percent this year, could be due for a correction to the tune of 38 percent, according to one analyst. On January 1, ethereum was trading at just under $8 and has risen to a record …
Update: Veritaseum ICO – CLOSED
“The Veritaseum token offering – Veritas – presale, has now ended (as of 10:30 am, eastern standard time – 5/26/2017).
We thank all who have participated, and those who did not get to participate can purchase the tokens from select exchanges (TBA) within approximately 2 to 4 weeks” (Veritaseum)
About 24 hours are left to participate in the initial coin offering (ICO) of Veritas tokens (VERI) by peer to peer capital market enabler, Veritaseum. If you haven’t done so yet, the time to act is now!
Accept our apologies for getting word out late about the opportunity of a lifetime, namely participation in the Veritaseum ICO. It is a late hour indeed, but better late than never, right? Let’s consider this offer by financial Nostradamus, Reggie Middleton, and his team at Veritaseum.
Are you strapped in? Do you have your safety buckle on? Good.
This is an early bird opportunity to share in the potential failures and successes of an attempt to make trustless transactions in the peer to peer economy a viable reality.
To successfully transfer value via tokens, namely VERI tokens, from peer to peer via a protocol based network. A network that enables transactions and contracts that require zero trust from participants to be successful – zero counterparty risk.
A decentralized network that cuts cost to a minimum by extracting gatekeepers such as banks, insurers and agents – those who don’t add real value. All of this, potentially made possible via the successful creation and deployment of capital market applications of blockchain technology.
A mouth and a half full, but in essence: An attempt to successfully implement a fully distributed economic network without middlemen to take control of the capital of participants, gatekeepers and the ability of rent seekers to extract rent without adding subsequent value to the system.
Why support Veritaseum? What is the value proposition of Veritaseum?
Veritaseum, according to the official website, “enables software-driven P2P capital markets without brokerages, banks or traditional exchanges.” In essence, what I mentioned in the previous section. Something that will enable trustless transactions between “person to person, company to company and entity to entity.”
In addition, the Veritaseum outfit is under the leadership and control of Reggie Middleton – a well-known visionary who stands at the forefront of information technology, finance and valuation. Reggie’s team consists of highly motivated, energized and experienced individuals, including investors, analysts, intellectual property lawyers, engineers and strategists.
Veritaseum was the first company to conceptualize and create a capital market application of blockchain technology. The company filed multiple applications in terms of patent and intellectual property protections since 2014. The first patent they applied for, was for the first working model in terms of the worldwide transfer of value in peer to peer markets within the peer to peer economy. Something that is way more foreword looking than remittances and payments.
There is also world-class research and valuation reports that form part of the value proposition – available through the redemption of VERI tokens. Throw in the track record of Reggie’s team for making accurate forecasts pertaining to major economic events (the collapse of Bear Stearns and the Lehman Brothers, etc.) – and you’re onto a winner!
What is the potential market?
All transactions of all value. The biggest market in the world!
How can I participate?
You can participate by buying VERI tokens during the initial coin offering at discount. The VERI tokens are the “keys that will enable you to start the engine” and participate in a manner you see fit. Once the ICO ends, reserve coins will largely be made available to institutions and at a premium.
Veritaseum discussion at the Bitcoin Forum.
19th of May, 2017 — The DAO.Casino team announces the release of their whitepaper. DAO.Casino is an Ethereum based protocol that automates out the need of trust in a value chain of gambling industry and provides a decentralised source of PRNG for the games.
In the paper titled Blockchain Protocol for Gambling, authors Ilya Tarutov and Konstantin Lomashuk discuss the possibilities of removing barriers in value transactions, not just in the individual games, but in the all aspects of online gambling industry, utilising crypto-economics and integrity of data and code enabled by Ethereum. First part discusses crypto-economic architecture: incentive system, followed by a research of existing methods of random number generation on a deterministic virtual machine, and a new implementation of PRNG algorithm that answers industry requirements in terms of speed while remaining decentralised.
DAO.Casino aims at creating an ecosystem that enables exchange of value between the participants who don’t trust each other, as well as to bring game developers to the Ethereum ecosystem by providing easy templates, libraries, and PRNG methods to work with. Right now, gambling on Ethereum is not developing as it should, and by bringing new skills to the ecosystem, new markets and business models would evolve, and eventually a new form of gambling industry, with Ethereum as a backbone.
Ethereum allows to replace trusted third parties with smart contracts that run exactly how they have been programmed in the context of DAO.Casino provide an equally unpredictable PRNG for the games and automatically reward all the participants for their contribution thus creating a system of incentives. This reduces risks of fraud and as well as the reduce costs for casino operators, thereby allowing higher payouts.
DAO.Casino protocol as a system of smart contracts includes several components: game contracts integrated with reward distribution logic and PRNG, referrer system, and an open bankroll backing system.
Ilya Tarutov, who is also the CEO of DAO.Casino, adds:
“We were observing a lot of experimentation with games using Ethereum smart contracts. But apart from the individual games what is needed for the industry to grow is an ecosystem that allows all the market participants to interact. DAO.Casino aims to solve questions from the value chain perspective.”
In context of provably fair gaming, the DAO.Casino whitepaper confirms that their development team is hell-bent on introducing different sources of randomness for different games that is most likely to be secured by economics, not just technical aspects.
The DAO.Casino team is releasing an MVP until the end of June, and after that will start contribution campaign.
The cloud mining provider Geneis Mining has started offering Ethereum cloud mining contracts again after they were not available for a couple of months with the focus more on ZCash cloud mining with GPUs. The new mining contracts are available at a lower price and with an extended 2 Years period with no additional mining fees (everything is included in the price you pay for the hashrate). There is of course a clause in the contract saying that in case Ethereum switches to Proof of Stake (POS) before the contract period ends your hashrate will not disappear, but will instead be switched to the most profitable algorithm to mine at that point of time. Initially we expected to see Ethereum (ETH) switch to POS at some point this year, but this will most likely be delayed and no official date for the switch has been announced yet… and the interest and price of Ethereum has been going up lately once more.
You can currently get 1 MHS Ethereum cloud mining hashrate for $ 29.99 USD, 30 MHS for $ 869 USD of 100 MHS for $ 2799 USD as a preset packages or any custom hashrate in between with discounts for the more you purchase. The Ethereum cloud mining contracts are with a duration of 2 years and there is no maintenance fee, everything is included in the price you pay for the hashrate. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to purchase an Ethereum cloud mining contract from the company.
The AKASHA project is called a next-generation social networks network powered by the Ethereum(ETH )world computer and embedded into the Inter-Planetary File System (IPFS). It is a task that we’ve been keeping an eye on together with a couple of similar tasks for crypto powered social media sites platforms as well as today we got an invitation to look into the newest Alpha version of the AKASHA. It appears however that the alpha has actually been out for some time already as well as it seems to be open for everyone interested to examine it out, so the email we got was extra a kind of reminder that we have to inspect the standing of the task. It appears that the job currently has a number of thousand users and posts with even more participating in to provide it a try constantly…
… We should start with the truth that AKASHA does not function in your web browser, like the similar in concept project Steem for instance, instead you have to download and install and also run an application to get access to the network. There are versions offered for Linux, Mac as well as Windows users offered, so all major software program systems are rather much already covered. If you are interested in providing AKASHA a shot you might want to head on to their GitHub page where you can download the newest alpha release. There are two separate versions readily available for every platform, one with an installed and
one that remains in a Zip archive that you could draw out as well as run directly. Because AKASHA is based on Ethereum when you first run it as well as install it you require to wait a little bit for it to synchronize, no do not fret it does not need to
download and install the complete Ethereum blockchain from the begin or something, though you might still have to wait a couple of minutes while you attach to some peers as well as obtain things progressing. Once you synchronize AKASHA you will certainly need to develop a new identity or essentially a profile on the network. You should enter an Initial Name, Akasha ID as well as a Passphrase as a need, the Surname area is optional and also you have some more optional information that you can get in too is you want to such as a brief concerning you or additional web links, you can also set an Avatar and a Background picture to utilize. In the future you will certainly be able to modify your Account details, only the username as well as password are not available to be changed and
there is no password recovery, so ensure you always remember your password, although we are not exactly sure if identities from the Alpha will certainly be readily available for the launch of the network. This is the window that invites you as soon as you do with the enrollment as well as long in with your profile and is essentially your customer interface for accessing the AKASHA network. You might need a long time as well as a little bit of playing to discover the currently readily available capability, even though we are mosting likely to show you a few of the most standard stuff here anyway. Do note that because this is still an Alpha variation of the task not all features are available and also working and the entire
thing is likewise running on the testnet for the minute. By default you are being shown the most up to date messages identified with the akasha tag, if you intend to see the most recent magazines just change to the Latest Entrances. The menu is on the left side, beginning with a connect to your account page as well as a number showing the amount of symbols you have readily available. This is an additional vital part of the entire project, it not only operates on the Ethereum blockchain, yet also utilizes Ethereum tokens to reward customers that publish content on the network. Given that it is still in Alpha the project utilizes AETH or the so called AKASHA ETH symbols rather than real ETH symbols and also you apparently start up with 5 AETH. As an examination token it does not have any kind of worth outside the objective of testing AKASHA, so do not hesitate to invest it electing articles while you discover the functionality of social media network.
Uploading web content on the AKSAHA social network is just one of the crucial aspects similar to with any various other social network, in addition to analysis and ballot for content posted by various other individuals of the network. The idea here nevertheless is that you get compensated for your contribution if various other users determine to sustain you with their ballots, unlike with standard social media networks where you don’t get rewarded. Posting something is truly very easy, you start by writing a title of your messages as well as a web content that can be made up of message as well as photos as well as you could conserve for later it as a draft or publish it
straight. Before your message appears on AKASHA there are a couple of even more details that you need to include some appropriate tags to make your post less complicated to be discovered for a specific subject that it covers in addition to choose a Permit for the blog post…. Now, below is the intriguing component, on AKASHA you get to pick exactly what kind of licensing you desire for the web content you upload … it can be All legal rights booked, or Some rights scheduled along with No civil liberties reserved where you get to decide if it is under CC or Public Domain name permit. Preserving copyright over all your posts or several of them or having actually everything released as well as available under Creative Commons certificate, it is all approximately you. The idea is that as soon as you publish something it is not like it you forgo all copyright over the material by default, you get to choose which also gets kept along with your message.
Do note that really publishing a message on the network does need you to invest some gas for the purchase on the network, so you will basically be spending some AETH currently to do that(ETH in the future ). So it is not only making up, yet likewise spending some symbols to actually make use of the AKASHA network as well as “costs” like these are meant to stimulate individuals to concentrate on intriguing and also helpful”high quality”material as well as not upload almost anything they think about. Unsure the number of you actually keep in mind that originally ETH was intended as a crypto token to be invest for implementing purchases on the Ethereum network and also not to operate in the same sense like a more standard crypto coin such as Bitcoin does for example.
When your post is up… you could choose it as various other customers can likewise vote for your post. You can naturally also elect for other users blog posts and you reach make a decision how much your ballot will certainly deserve … the much more worth the even more AETH you will certainly spend as well as the even more the corresponding individuals will get. There is additionally the option not only to Upvote, yet likewise to Downvote web content, nonetheless once you vote Up or Down you are
not able to retract your elect that post or transform your decision. You can browse posts by tags, consider the most recent magazines, or look for articles (can not yet browse for individuals on the network). You could search among the customers of the network and also look for the ones to Follow or see that is Following you, there is a functionality to simply tip customers directly too as opposed to just offering them votes need to you decide that you intend to do that. There is also a built-in conversation in AKASHA, though currently there is just a single official network for the Alpha release. You could naturally create your personal network too, but it will certainly be readily available for 1 Day as well as after that all the messages inside it will disappear.
This is pretty a lot the standard capability you have readily available in the current Alpha version of AKASHA, there are much more functions and performance en route as not whatever is already executed. The fundamental functionality is already there as well as it works pretty well in our opinion and also with some more added functions and renovations this job will have some good possibility. What you will probably observe nevertheless is that some things related to publishing or checking out information may take a little bit of time prior to they complete, this is something that requires some even more job is well as nobody wants to wait.
This is an Alpha version of the task and also you must keep in mind that should you choose to give it a shot at its present state, so things must improve for the last release. That you have to use software that you download and install and also operate on your computer system to access the AKASHA network may be a little bit of hassle as compared to other similar tasks that you could access directly from your Net Browser. Other than slower early adoption this ought to not prove to be such an issue later if the job captures on and draws in a lot of individual focus and among the most attractive factors right here are the incentives for the customers of the AKASHA network.
Another point that needs addressing at the moment is relating to rewards for users that could not have that terrific and interesting things to upload and obtain a great deal of ballots for their content or that in fact desire to contribute in means various compared to publishing themselves. Getting benefits permanently remarks or just for electing fascinating web content has shown to work well with various other similar projects, yet here this is not being awarded. Attracting customers at first is one point, but keeping them on the future is entirely various and for that to happen you need to involve them in different facets of contributing as well as communicating with each other, in addition to awarding them for that, especially when the rewards play a vital role in the task’s suggestion.