Hackers Steal 7K BTC from Binance ... - Infosecurity Magazine
Hackers Steal 7K BTC from Binance ... - Infosecurity Magazine
How Bitcoin Mining Is Decentralizing – Bitcoin Magazine
Bitcoin Has Been Really Stable, Say Binance CEO
9 Exchanges to Buy Bitcoin & Crypto in China (2020)
How Payswap Can Confuse Blockchain Analysts - Bitcoin Magazine
[Tutorial] Binance - The best exchange for cryptocurrency ...
Binance 101: Fees & Fine Print You Need to Know Before ...
Bitcoin.de Erfahrungen 2020 » So gut ist die Börse wirklich
Binance CEO Sees Virus-Era Growth, Boost to Bitcoin From ...
Buy Bitcoin at Binance with Reais (R $) in the cheapest way
Stakenet (XSN) - A DEX with interchain capabilities (BTC-ETH), Huge Potential [Full Writeup]
Preface Full disclosure here; I am heavily invested in this. I have picked up some real gems from here and was only in the position to buy so much of this because of you guys so I thought it was time to give back. I only invest in Utility Coins. These are coins that actually DO something, and provide new/build upon the crypto infrastructure to work towards the end goal that Bitcoin itself set out to achieve(financial independence from the fiat banking system). This way, I avoid 99% of the scams in crypto that are functionless vapourware, and if you only invest in things that have strong fundamentals in the long term you are much more likely to make money. Introduction
Stakenet is a Lightning Network-ready open-source platform for decentralized applications with its native cryptocurrency – XSN. It is powered by a Proof of Stake blockchain with trustless cold staking and Masternodes. Its use case is to provide a highly secure cross-chain infrastructure for these decentralized applications, where individuals can easily operate with any blockchain simply by using Stakenet and its native currency XSN.
Ok... but what does it actually do and solve? The moonshot here is the DEX (Decentralised Exchange) that they are building. This is a lightning-network DEX with interchain capabilities. That means you could trade BTC directly for ETH; securely, instantly, cheaply and privately. Right now, most crypto is traded to and from Centralised Exchanges like Binance. To buy and sell on these exchanges, you have to send your crypto wallets on that exchange. That means the exchanges have your private keys, and they have control over your funds. When you use a centralised exchange, you are no longer in control of your assets, and depend on the trustworthiness of middlemen. We have in the past of course seen infamous exit scams by centralised exchanges like Mt. Gox. The alternative? Decentralised Exchanges. DEX's have no central authority and most importantly, your private keys(your crypto) never leavesYOUR possession and are never in anyone else's possession. So you can trade peer-to-peer without any of the drawbacks of Centralised Exchanges. The problem is that this technology has not been perfected yet, and the DEX's that we have available to us now are not providing cheap, private, quick trading on a decentralised medium because of their technological inadequacies. Take Uniswap for example. This DEX accounts for over 60% of all DEX volume and facilitates trading of ERC-20 tokens, over the Ethereum blockchain. The problem? Because of the huge amount of transaction that are occurring over the Ethereum network, this has lead to congestion(too many transaction for the network to handle at one time) so the fees have increased dramatically. Another big problem? It's only for Ethereum. You cant for example, Buy LINK with BTC. You must use ETH. The solution? Layer 2 protocols. These are layers built ON TOP of existing blockchains, that are designed to solve the transaction and scaling difficulties that crypto as a whole is facing today(and ultimately stopping mass adoption) The developers at Stakenet have seen the big picture, and have decided to implement the lightning network(a layer 2 protocol) into its DEX from the ground up. This will facilitate the functionalities of a DEX without any of the drawbacks of the CEX's and the DEX's we have today. Heres someone much more qualified than me, Andreas Antonopoulos, to explain this https://streamable.com/kzpimj 'Once we have efficient, well designed DEX's on layer 2, there wont even be any DEX's on layer 1' Progress The Stakenet team were the first to envision this grand solution and have been working on it since its conception in June 2019. They have been making steady progress ever since and right now, the DEX is in an open beta stage where rigorous testing is constant by themselves and the public. For a project of this scale, stress testing is paramount. If the product were to launch with any bugs/errors that would result in the loss of a users funds, this would obviously be very damaging to Stakenet's reputation. So I believe that the developers conservative approach is wise. As of now the only pairs tradeable on the DEX are XSN/BTC and LTC/BTC. The DEX has only just launched as a public beta and is not in its full public release stage yet. As development moves forward more lightning network and atomic swap compatible coins will be added to the DEX, and of course, the team are hard at work on Raiden Integration - this will allow ETH and tokens on the Ethereum blockchain to be traded on the DEX between separate blockchains(instantly, cheaply, privately) This is where Stakenet enters top 50 territory on CMC if successful and is the true value here. Raiden Integration is well underway is being tested in a closed public group on Linux. The full public DEX with Raiden Integration is expected to release by the end of the year. Given the state of development so far and the rate of progress, this seems realistic. Tokenomics 2.6 Metrics overview (from whitepaper)
Ticker: XSN. Currency type: Coin.
Consensus: Minting Proof of Stake, Trustless Proof of Stake.
XSN is slightly inflationary, much like ETH as this is necessary for the economy to be adopted and work in the long term. There is however a deflationary mechanism in place - all trading fees on the DEX get converted to XSN and 10% of these fees are burned. This puts constant buying pressure on XSN and acts as a deflationary mechanism. XSN has inherent value because it makes up the infrastructure that the DEX will run off and as such Masternode operators and Stakers will see the fee's from the DEX. Conclusion We can clearly see that a layer 2 DEX is the future of crypto currency trading. It will facilitate secure, cheap, instant and private trading across all coins with lightning capabilities, thus solving the scaling and transaction issues that are holding back crypto today. I dont need to tell you the implications of this, and what it means for crypto as a whole. If Stakenet can launch a layer 2 DEX with Raiden Integration, It will become the primary DEX in terms of volume. Stakenet DEX will most likely be the first layer 2 DEX(first mover advantage) and its blockchain is the infrastructure that will host this DEX and subsequently receive it's trading fee's. It is not difficult to envision a time in the next year when Stakenet DEX is functional and hosting hundreds of millions of dollars worth of trading every single day. At $30 million market cap, I cant see any other potential investment right now with this much potential upside. This post has merely served as in introduction and a heads up for this project, there is MUCH more to cover like vortex liquidity, masternodes, TOR integration... for now, here is some additional reading. Resources
In a recent interview with Bitcoin Magazine ’s John Riggins, Bitmain’s head of operations for North America, Raymond Walintukan, said that he sees more decentralization out of China in Bitmain’s future, with the company building on its current operations in North America. Walintukan works from a mining farm in interior Washington State, where stranded hydroelectric power is plentiful and ... Coindesk reported the total value of stolen Bitcoin was approximately $41 million. After news of the hack broke, Bitcoin’s price dropped by approximately 4.2% in early Asian trading, Reuters reported. Binance said that it will be conducting a thorough security review, which will include all parts of its sizable systems. The cryptocurrency ... Buy Bitcoin at Binance with Reais (R $) in the cheapest way. by Anupreet Kaur July 15, 2020 0 109. Share 0. Did you know that you have a quick, easy and cheap way to buy Bitcoin at Binance with Reais? Well, the functionality that recently entered the largest cryptography platform in the world makes it possible to do this by working as a P2P Escrow, intermediating transactions between the ... on Monday, according to Binance. But it might impact Bitcoin’s price in other ways, says Zhao. Miners may also be more willing to hold onto their Bitcoin for longer in lieu of selling at prices ... In just a few months, Binance has experienced explosive growth, overtaking its rivals to rank among the top three cryptocurrency exchanges in the world by trading volume. Without a doubt, Binance is now among the best sites for trading alt-coins like Ripple (XRP), Stellar (XLM), and NEM (XEM) to name a few. Changpeng Zhao, founder and chief executive officer at Binance Holdings Ltd., discusses the price of bitcoin, what it will take to get across the $10,000 threshold and why we’re seeing a rise in ... Binance is one of the fastest growing exchanges in the cryptocurrency market. The continued popularity of Binance stems from several factors, from translation to multiple languages, with a clean user interface and, above all, extremely high throughput (data processing speed). It is important to note that Binance is only a exchange and it is not possible to deposit or withdraw Euro. bitcoin.de Weiter zur Anmeldung: www.bitcoin.de. 4.) Kurse: Über 1.000 Bitcoins pro Tag. Trader sollten sich immer mit der Größe einer Börse oder eines Marktplatzes befassen. Denn je mehr Angebot und Nachfrage es gibt, desto einheitlicher – und letztlich „besser“ – sind die Preise für die Kryptowährungen. In Deutschland zählt Bitcoin.de zu den größten Handelsplätzen für ... Both transactions are broadcast to the Bitcoin network to be included in a block. Now, when Bob wants to collect his payment (4 coins), he’d create a transaction from the smart contract that Alice created, thus including the secret code he generated, claiming the money. Importantly, by doing so, he reveals his secret code on the Bitcoin ... Coinmama allows customers in almost every country to buy bitcoin. They charge a 4.9%-5.9% (depends on volume) fee on each purchase. Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee. Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama. We may receive compensation when you use Coinmama. Please visit Coinmama for its exact pricing ...
Binance - Bitcoin Einzahlen, andere Coins kaufen & auf das Wallet senden! - Duration: 14:53. Walter Matuschek 3,716 views. 14:53. Bitcoin Paper-Wallet erstellen, befüllen & nutzen - sicher gegen ... STEP 4 : Changelly will then send your BTC or ETH to Binance wallet STEP 5: buy your ADA at Binance with your ETH OR BTC. Easy. If you want a video demo, please let me know. Bitcoin won't be cheap forever, OTC is on fire, ETF coming soon, more infrastructure than ever.....the clock is ticking. Sign up to NASH - https://nash.io/re... Binance is building out an entire blockchain finance ecosystem. Here, Crypto Finder speaks with Binance CFO Wei Zhou to learn about this DeFi world, including the DeFi "ingredients" Binance is ... Hey guys! Ripple is now the 4th cryptocurrency. Most importantly, it is super cheap! So i decided to make a video on how to get some of these Ripple coins. This coinbase special referral link will ... Bitcoin Magazine Presents the Final Table for the Binance Charity Poker game 5/15 Jan.10 -- Binance CEO Zhao Changpeng discusses the challenges exchanges face, possible rules and regulations, and talks about the future for crypto currencie...