The Launch Date of the First Testnet of DECENT Network 'Caesar' Announced

The idea behind DECENT is to create a blockchain-based content publishing and sharing network

The idea behind DECENT is to create a blockchain-based content publishing and sharing network. It will allow people and companies to create a variety of applications on the open-source protocol. Those apps can be used for blogs, music publishing, streaming, e-book publishing, software sales, indie games development and more. Because of its decentralized nature, DECENT eliminates the need for a third party involvement and, by doing so, maximizes the content creators’ profits. It also uses strong encryption protocols, ensuring not only that information will remain secure and confidential, but also preventing access and modification from third parties, making it censor-free. The platform has the potential to empower content creators and consumers alike.

The great thing about the DECENT team is that they recently started sharing detailed information about the development of the project on a regular basis, via documented dev-sprints made every two weeks. The first document revealed some updates, like the design package format and the first basic functionalities of the subscription system. Basic functionalities involve managing active subscriptions and a price-and-duration matching mechanism.

The second sprint brought several necessary additions to the Network’s core functionalities like the seeding plugin, an essential feature that deals with the network's’ core functionality, and the content distribution itself was implemented. IPFS protocol and libtorrent, based on a p2p principle, were introduced as well as making file transfers between consumers and content producers possible. Improvements to the DECENT wallet were also made, like the option to see the account’s balance, and the Command Line Interface(CLI) has been temporarily integrated into the GUI wallet, making the development process even more efficient;. Finally, the implementation of “Travis”, a testing software, will simplify the work of the developers.

Another update, released at the end of January, featured 4 testing levels, that are planned to be launched during the 4 upcoming months, and the launch of the mainnet, the official DECENT Network that is scheduled for Q2 2017. The first testing level, named “Caesar”, is set to be released on the 10th of March and offers a unique chance for people to gain exclusive access to the DECENT network. Users just need to sign up using an email address, but the opportunity is time limited and the sooner you sign up the earlier batch of invitations you will be included in. This first release will demonstrate the whole transaction model of the DECENT Network, its core functionalities and security features, all complemented by the user-friendly GUI. Users will receive a certain amount of DCT Tokens, necessary to participate in the testnet. Publishers will have the option to upload any digital content and set its price, and consumers will be able to search for the content and buy it if they choose so.

Apart from the development process, the team is also focused on the marketing side. They have been working hard on ensuring that the technology is adopted globally. The CEO and founder of DECENT, Matej Michalko, will be attending several events across Europe. He recently moderated a discussion panel at Vienna’s venture capital & private equity conference. The panel discussed the potential of Blockchain Technology in relation to the FinTech sector and took place on the 14th of February. On the 21 st of February, Matej went to London and spoke at a meet up hosted by Coinscrum and on the day after he introduced the DECENT Network at an event in UCL University. In both events, he elaborates on the company’s goals and plans, and also described the future potential of the technology and the milestones achieved so far.

To learn more about DECENT, visit the official website and blog.

 

source http://www.coremedia.info/blockchain-news/item/415-the-launch-date-of-the-first-testnet-of-decent-network-caesar-announced

Beyond the Void Releases Closed Video Beta

Beyond the Void is the first blockchain-based real time strategy game

Beyond the Void is the first blockchain-based real time strategy game, also known as RTS. It was designed for competitive play between players and it features MOBA (multiplayer online battle arena) elements. A video of the closed beta version of the game was just released and can be seen here. The closed beta is still being tested but looks highly functional. The final version is scheduled to be released in June of this year on a free-to-play model, like most other MOBAs. This contrasts with the traditional pay-to-play model, in which you have to buy the game or pay a subscription before you can play it.

The developers have integrated blockchain technology into the game by creating a token-based system called the Nexium (NXC). These tokens are issued on the Ethereum Blockchain and transferred through smart contracts. This will result in an economic system that allows players to buy, sell, trade or offer theirs in game items.

These items are assets on the Ethereum blockchain that do not reside exclusively on the game server. As such, they can be transferred, bought and sold outside of the game. This also adds a decentralized element to these items which continue to exist even if the game server is hacked or loses information.

Now let’s look at the gameplay! Beyond the void will be an easy to learn but hard to master the game. It’s meant for competitive play and if well made has the possibility of making a success in the esports scene. Akin to it’s long lost brothers, League of Legends and Starcraft, Beyond the Void will be a highly strategic game that will feature an elo ranking system. The matches will be one-versus-one battles and, like all MOBAs, the game will be constantly evolving and always in need of balancing everytime a new element, mothership or card for example, is introduced into the game.

The game features a futuristic setting where you control a ship, called the Mothership, which basically will be your character or champion. The map contains 6 planets that you can conquer, working as turrets once conquered and asteroid fields where you can find Cubes, which will be the game`s farm or loot. The map is also customizable by players and very dynamic, meaning that everything is constantly changing position while orbiting the sun. You also have Event cards that help shape the scenario or gameplay to your advantage.

The small team behind the game is made up of four people, each one adding something different to the game. Maxence is the original developer who came up with the idea for the game. The fact is that both MOBA and esports are fast growing markets and projects like Beyond the Void are poised to bring cryptocurrencies and blockchain technology into those spaces.

The system employed by Beyond the Void creates a new generation of gaming platforms where the players, and not the game developers, own the ecosystem and where in-game purchases are not restricted to the game itself. We may come to see collaborations of multiple projects of this kind, where a piece of armor, weapon, spaceship, playing card(whatever the game features) may be available for transfer between multiple games, thus creating a new age of compatibility in the gaming industry, a gamer’s paradise!

 

source http://www.coremedia.info/blockchain-news/item/414-beyond-the-void-releases-closed-video-beta

Qtum: The Best of Two Worlds

Cryptocurrency value is mostly defined by the number of people who accept and use them (volume of transactions), however, certain cryptocurrencies have functionalities embedded in the code that add to their intrinsic value.

Cryptocurrency value is mostly defined by the number of people who accept and use them (volume of transactions), however, certain cryptocurrencies have functionalities embedded in the code that add to their intrinsic value. Ethereum was one of those currencies but after the DAO hack the stakeholders confidence was shaken. Qtum, short for Quantum, is a new promising ecosystem and cryptocurrency that aims to combine the best of both Bitcoin and Ethereum, while addressing the inherited problems of both blockchain ecosystems. This Bitcoin-Ethereum hybrid was founded by Patrick Dai in March of 2016 and the main focus of the project is to compete for the decentralized applications and smart contract markets, while also bringing compatibility between the existing blockchain technologies.

The Qtum project is committed to developing an open source ecosystem for the blockchain community different from that of Bitcoin and Ethereum. It utilizes a Value Transfer Protocol (VTP), to achieve the transferring of value from peer to peer and to build up a decentralized application platform. It differs from the standard Transmission Control Protocol (TCP), that is used as one of the main protocols of the internet protocol suite. This is a pioneer move on the field and, if well implemented, will support and enhance various industries such as financial services, internet of things (IoT), supply chain management, social media, and gaming.

Qtum has also expanded the scripting language of Bitcoin Core, becoming the first platform where it is possible to run smart contracts based on the unspent transaction output model(UTXO). Bitcoin’s UTXO model is incompatible with Ethereum’s model, so, not only does Qtum fix the compatibility issue between the two different blockchains, it also allows for existing Ethereum applications and smart contracts to be ported to the Qtum Blockchain. Qtum’s smart contracts, called master contracts, will run on the Qtum Virtual Machine, an alternative version of the Ethereum Virtual Machine that can be triggered by off-chain inputs. They will also include oracle and data feed functionalities. Oracles are trusted entities that make assessments about the state of the world, and the team also plans to integrate an identity module functionality, a system that requires personal information from the user in order to fulfill the compliance requirements of traditional internet and financial businesses.

All these changes result in a revolutionary Proof-of-Stake (PoS) smart contracts platform. In contrast with the Bitcoin standard, the Proof-of-Work (Pow) model, Proof of Stake isn't about mining blocks but about validating them. The validation is done through the ownership/stake of the currency, or, in other words, mining power in PoS is equivalent to the number of currency you own.

As of date, the Singapore-based project has raised over one million USD and the team’s ambitious goal is to “become the blockchain of China”. By doing this first, they can expand to other markets easily, seeing as China is currently the biggest cryptocurrency market. Qtum’s platform is expected to launch in the summer of 2017.

To learn more about Qtum, you can check out their website or read the whitepaper.

 

source http://www.coremedia.info/blockchain-news/item/412-qtum-the-best-of-two-worlds

SuperNET Tuesday Update 21/02/2017

Although the Komodo Platform has been launched, there are still some features and aspects of the platform that are yet to be developed.

Although the Komodo Platform has been launched, there are still some features and aspects of the platform that are yet to be developed. However, the team continues to make steady progress bringing the first ever cryptocurrency to employ DPoW, assetchains, and much more, to completion. This week on the SuperNet Tuesday update, we’re going to talk about the Komodo market, Liquidity Provider nodes and Iguana wallet updates.

Komodo Market

Daily trading volume on the Komodo market continues steadily above $50,000, an impressive feat for a newly launched cryptocurrency. Although the price has managed to stay above the 0.0001 mark for the majority of the past week, the KMD coin is currently sitting at 0.000095 after an 11% drop in the BTC market. Could this be the bottom? Time will tell.

 

Market Makers aka Liquidity Provider (LP) nodes

In order to build the first fully decentralized and anonymous cryptocurrency exchange that doesn’t rely on proxy tokens, EasyDEX, the Komodo Platform must rely on market makers, also known as liquidity providers. These assure that an exchange can take place without the user having to wait long periods of time for orders to be taken, which is usually the case with less-known coins or assets.

In Iguana, the liquidity will be provided in a decentralized manner, meaning that anyone can become a Liquidity Provider (LP) node at his own risk. The LP nodes ensure that the decentralized exchange provides market liquidity for cryptocurrency daily trading. It works as this:

The LP node will have funds on both sides: locally and on a centralized exchange like Bittrex. When someone buys coins through Iguana’s decentralized exchange, the funds are sent from the local wallet through an atomic swap, and then the trade is balanced (and profit is potentially made) by making an opposite trade through the centralized exchange. This way, the person that exchanged the coin on Iguana can have an easy and quick exchange, while the LP node stands to make a profit.

The cryptocurrency market maker functionality will be implemented into the EasyDEX Graphic User Interface (GUI). Jl777 (James Lee), lead developer and founder of Komodo said:

"Since the market maker will be part of the iguana desktop app, we will decentralize the market making, and anybody can make a market with their parameters via a GUI.”

Running an active market maker will have the usual risks, so it is not for everyone. Before you decide to become an LP node, read the various information that is made available by the SuperNET team:

Intro:

https://supernet.org/en/resources/updates/cryptocurrency-market-making-how-to-build-a-liquid-decentralized-exchange

Further info:

https://bitcointalk.org/index.php?topic=1605144.msg17912160#msg17912160

First profitability report:

https://bitcointalk.org/index.php?topic=1605144.msg17913026#msg17913026

Further testing:

https://bitcointalk.org/index.php?topic=1605144.msg17916632#msg17916632

Iguana Progress Report

In the previous update, we announced the release of the new Iguana version. However, due to a new feature that is to be implemented, the new version will take a bit longer. Jl777 explained:

“The delay is my fault. I added a new feature to the iguana core that will allow basilisk transactions to be done a lot faster. For this to work properly, it needs to propagate to the notary nodes and that is in the process now. It also required new logic in the GUI”

“The new DEX explorer will allow things to work better, but that is not fully utilized yet as we need all notaries to update to it”

The implementation of the new feature will bring new advantages and make the overall experience far more pleasant. According to tech expert and GUI lead developer, Satinder Grewal, the version that is soon to be released is working much better than it did the week before. Some of the problems that were identified are being solved.

Thus far Satinder has been doing many things manually with just vanilla JS code and jQuery. He says it works, but as the code grows it makes a devs life very difficult. Satinder notes that EasyDEX-GUI code will be needing more efficient and modern tech approach for the EasyDEX and InstantDEX GUI. He wants the GUI code solid, so he decided to go with react.js.

There are two other developers working closely with Satinder: @pbca26 and @ca333. They will be helping in porting the backend code of EasyDEX-GUI into the react.js. Certainly, there’ll be other devs also in this process.

To stay updated on the latest developments from the Komodo Platform signup for the newsletter. You can also join the Slack to engage the SuperNET community.

 

source http://www.coremedia.info/blockchain-news/item/410-supernet-tuesday-update-21-02-2017

GameCredits Announces ICO for MobileGo

GameCredits has recently announced the crowdfunding campaign for MobileGo, a dual-blockchain token that will “gamify” the GameCredits Mobile Store.

GameCredits has recently announced the crowdfunding campaign for MobileGo, a dual-blockchain token that will “gamify” the GameCredits Mobile Store. The crowdfunding campaign, which will take place around April this year, will help fund the development and marketing of the platform, which currently has over 300 games from 150 different developers although the company estimates that 1000 games will be available for play sometime in mid to late 2017.

The MobileGo token will be the first dual-blockchain asset ever issued, as users will be able to transfer it seamlessly between the Ethereum and Waves blockchain. This is achieved by using locked wallets and smart contracts. Dual issuance adds multiple advantages to the token, which can now be used to implement decentralized features on the Moblie platform through Ethereum and Waves. GameCredits Inc will issue 100 million tokens, 70 Million of which will be distributed during the crowdsale. MobileGo Tokens will be available for BTC, ETH, WAVES, and GAME.

The purpose of the MobileGo token is to help make the platform highly interactive and rewarding. Gamers will have their profile tied to a social status based on games played, referrals and social interaction. This status will unlock MobileGo rewards for the user. The platform will also have a number of tournaments that will allow players to “test their steel” against one another.

Tournaments can be both centralized or decentralized. The latter will allow the users to set up and run their own MMO tournaments with no middleman provided they have MobileGo tokens, which is the only currency that can be wagered in these. In turn, centralized tournaments will be run through the game developers as a means of promoting their game.

Developers benefit as much from this platform as gamers themselves do. In the current mobile gaming scenario, game developers have to pay up to 30% of their revenues to platforms like Google Play and Apple Store. The GameCredits Mobile Store will in turn charge 10%. Not only that, but payouts are also quicker as are the addition of new releases to the platform as it allows for a quick and easy integration of SDKs.

Holding the MobileGo token also brings multiple advantages to the players. They are rewarded with discounts when using GameCredits to purchase in-game items, getting free entrance into VIP gaming tournaments and private beta tests of some releases in the store. MobileGo holders will also receive in-game coupons and rewards.

GameCredits Inc will also use a percentage of the profits generated by the platform to run a buyback program, meaning MobileGo tokens will be bought from exchanges and burnt to further increase their scarcity.

The platform will have multiple forms of payment including credit cards, GameCredits, and local payment methods. However, users are incentivized to pay with GAME, thus creating another powerful use case for cryptocurrencies! To learn more about MobileGo visit the official website or read the whitepaper.

 

source http://www.coremedia.info/blockchain-news/item/408-gamecredits-inc-announces-ico-for-mobilego

Qtum: The Best of Two Worlds

Cryptocurrency value is mostly defined by the number of people who accept and use them (volume of transactions), however, certain cryptocurrencies have functionalities embedded in the code that add to their intrinsic value.

Cryptocurrency value is mostly defined by the number of people who accept and use them (volume of transactions), however, certain cryptocurrencies have functionalities embedded in the code that add to their intrinsic value. Ethereum was one of those currencies, but after the DAO hack the stakeholders confidence was shaken. Qtum, short for Quantum, is a new promising ecosystem and cryptocurrency that aims to combine the best of both Bitcoin and Ethereum, while addressing the inherited problems of both blockchain ecosystems. This bitcoin-Ethereum hybrid was started by Patrick Dai in March of 2016 and the main focus of the project is to compete for the decentralized applications and smart contract markets, while also bringing compatibility between the existing blockchain technologies.

The Qtum project is committed to developing an open source ecosystem for the blockchain community different from that of bitcoin and Ethereum. It utilizes a Value Transfer Protocol (VTP), to achieve the transferring of value from peer to peer and to build up a decentralized application platform. It differs from the standard Transmission Control Protocol(TCP), that is used as one of the main protocols of the internet protocol suite. This is a pioneer move on the field and, if well implemented, will support and enhance various industries such as financial services, internet of things (IoT), supply chain management, social media, and gaming.

Qtum has also expanded the scripting language of Bitcoin Core, becoming the first platform where it is possible to run smart contracts based on the unspent transaction output model(UTXO). Bitcoin’s UTXO model is incompatible with Ethereum’s model, so, not only does Qtum fix the compatibility issue between the two different blockchains, it also allows for existing Ethereum applications and smart contracts to be ported to the Qtum Blockchain. Qtum’s smart contracts, called master contracts, will run on the Qtum Virtual Machine, an alternative version of the Ethereum Virtual Machine, and can be triggered by off-chain inputs. They will also include oracle and data feed functionalities, oracles are trusted entities that make assessments about the state of the world, and the team also plans to integrate an identity module functionality, a system that requires personal information from the user in order to fulfill the compliance requirements of traditional internet and financial businesses.

All these changes result in a revolutionary Proof-of-Stake (PoS) smart contracts platform. In contrast with the bitcoin standard, the Proof-of-Work https://qtum.org/whitepaper(Pow) model, Proof of Stake isn't about mining blocks but about validating them. The validation is done through the ownership/stake of the currency, or, in other words, mining power in PoS is equivalent to the number of currency you own.

As of date, the Singapore-based project has raised over one million USD and the team’s ambitious goal is to “become the blockchain of China”. By doing this first, they can expand to other markets easily, seeing as China’s is the present biggest cryptocurrency market. Qtum’s platform is expected to launch in the summer of 2017.

To learn more about Qtum, you can check out their website or read the whitepaper.

 

source http://coremedia.info/blockchain-news/item/412-qtum-the-best-of-two-worlds

GameCredits Announces ICO for MobileGo

GameCredits has recently announced the crowdfunding campaign for MobileGo, a dual-blockchain token that will “gamify” the GameCredits Mobile Store.

GameCredits has recently announced the crowdfunding campaign for MobileGo, a dual-blockchain token that will “gamify” the GameCredits Mobile Store. The crowdfunding campaign, which will take place around April this year, will help fund the development and marketing of the platform, which currently has over 300 games from 150 different developers although the company estimates that 1000 games will be available for play sometime in mid to late 2017.

The MobileGo token will be the first dual-blockchain asset ever issued, as users will be able to transfer it seamlessly between the Ethereum and Waves blockchain. This is achieved by using locked wallets and smart contracts. Dual issuance adds multiple advantages to the token, which can now be used to implement decentralized features on the Moblie platform through Ethereum and Waves. GameCredits Inc will issue 100 million tokens, 70 Million of which will be distributed during the crowdsale. MobileGo Tokens will be available for BTC, ETH, WAVES, and GAME.

The purpose of the MobileGo token is to help make the platform highly interactive and rewarding. Gamers will have their profile tied to a social status based on games played, referrals and social interaction. This status will unlock MobileGo rewards for the user. The platform will also have a number of tournaments that will allow players to “test their steel” against one another.

Tournaments can be both centralized or decentralized. The latter will allow the users to set up and run their own MMO tournaments with no middleman provided they have MobileGo tokens, which is the only currency that can be wagered in these. In turn, centralized tournaments will be run through the game developers as a means of promoting their game.

Developers benefit as much from this platform as gamers themselves do. In the current mobile gaming scenario, game developers have to pay up to 30% of their revenues to platforms like Google Play and Apple Store. The GameCredits Mobile Store will in turn charge 10%. Not only that, but payouts are also quicker as are the addition of new releases to the platform as it allows for a quick and easy integration of SDKs.

Holding the MobileGo token also brings multiple advantages to the players. They are rewarded with discounts when using GameCredits to purchase in-game items, getting free entrance into VIP gaming tournaments and private beta tests of some releases in the store. MobileGo holders will also receive in-game coupons and rewards.

GameCredits Inc will also use a percentage of the profits generated by the platform to run a buyback program, meaning MobileGo tokens will be bought from exchanges and burnt to further increase their scarcity.

The platform will have multiple forms of payment including credit cards, GameCredits, and local payment methods. However, users are incentivized to pay with GAME, thus creating another powerful use case for cryptocurrencies! To learn more about MobileGo visit the official website or read the whitepaper.

 

source http://coremedia.info/blockchain-news/item/408-gamecredits-inc-announces-ico-for-mobilego

SuperNET Tuesday Update 14/02/2017

Another week as passed and the Komodo platform keeps growing in many aspects. We have been recently added to one of the top exchanges in the scene and our user base continues to expand at an exciting rate.There’s also our team which has recently grown in numbers.

Another week as passed and the Komodo platform keeps growing in many aspects. We have been recently added to one of the top exchanges in the scene and our user base continues to expand at an exciting rate.There’s also our team which has recently grown in numbers. We have hired Barbierir and Odrak as customer support to ensure that every user is well informed and satisfied. - Read more

Radix42 has also been hired to develop native komodo for windows. He is the same dev that did the zcash4win. It is still unclear how long this task will take, but if someone can get this done, it’s Radix42.

Many more exciting news popped up during the week. Such as new tools for Komodo miners, new KMD knowledge material and the announcement of the upcoming Iguana release.

KMD Trading

It has been two weeks since launch and already Komodo has been added to multiple exchanges. This week, the KMD market was added to Bittrex, one of the leading multi-crypto exchanges in the world. Komodo has also been added to multiple comparison websites, so users can easily check the price, which is currently sitting at $0.12 while volume is currently 130 BTC (78 BTC in Bittrex) for the last 24h

The team has also added a price widget to the official komodo website, so users can easily check how their tokens are doing.

New Iguana Release Coming

Although we received highly positive feedback regarding the Iguana wallet, we are going to keep improving it until it becomes fully functional. A new version of Iguana will be released at the end of next week!

PAX Development

The development of the PAX exchange is currently ongoing. The 32 PAX assets have already been created and have their own blockchain with dPoW protection. Furthermore, we have also hired another part-time GUI developer that is now working on the PAX GUI along with Satinder. 

New updates regarding PAX and the integration of its assets will be announced once the time comes. - Read more

PAX preview:

Komodo Mining Tools

Komodo mining is also gaining traction among CPU and GPU miners! More tools are now available to assist users in mining! 

● Supernova has added a Komodo pool. Supernova is one of the most popular and reliable altcoin pools out there! Click here to see all the KMD pools out there.

● CryptoCompare has recently created an easy-to-follow picture tutorial on how to mine Komodo with both CPU and GPU! The tutorial covers all the steps from downloading and installing the wallet to the actual mining! Click here to read the guide.

● A youtube video has also been created by Cryptomined, a great cryptocurrency mining channel that is filled with information that can turn your computer into a money printing machine! Check out the video here.

● Last but not the least, a new Komodo mining profitability calculator can now be found at Crypto-economy! Now you can know how much KMD you’re going to get out of your rig before you even start. Click here to use the calculator.

Knowledge Base

Here are a few other articles that may help you understand Komodo and SuperNet better

SuperNet Blog

https://supernet.org/en/resources/articles 

Atomic swaps

https://bitcointalk.org/index.php?topic=1605144.msg17761170#msg17761170

FAQ: why we forked Zcash

http://support.supernet.org/topic/how-komodo-differs-from-zcash

To stay updated on the latest developments from the Komodo Platform signup for the newsletter. You can also join the Slack to engage the SuperNET community.

 

source http://coremedia.info/blockchain-news/item/407-supernet-tuesday-update-14-02-2017

SuperNET Tuesday Update 07/02/2017

Another week as gone by and Komodo is now gearing up for the most important update yet! The release of the GUI wallet, which has been heavily tested by the community. The distribution of the KMD coins is currently ongoing and the first batch started before schedule.

Although it has only been a week lot has happened for Komodo since our last update and today we’re here to bring you up to speed, as usual! Following a successful launch, the Komodo team is now looking ahead to complete all the features in the Iguana App. Since the launch, Komodo has been added to multiple cryptocurrency exchanges and comparison websites. Users can now mine Komodo and the notary nodes are working as expected. It is, overall, an exciting time for Komodo and SuperNet!

KMD Trading

Since its launch, the Komodo coin (KMD) has been added to multiple exchanges. Users can easily buy and sell KMD in one of these exchanges:

cryptox.pl

cryptopia.co.nz

coinexchange.io

Since Komodo started trading, the price has done well, staying above the ICO price (0.00012909 BTC) and seeing considerable volume on these three exchanges combined. See more details here. Komodo has also been added to multiple comparison websites like Coinmarketcap, Cryptocompare and Coincap.io. 

KMD Mining

As many of you may know, Komodo can be mined with any computer due to its Equihash algorithm. Users can mine Komodo solo by following this guide: https://github.com/xRobeSx/kmd-gpu-mining.

There is currently one pool available, KomodoPool.com. Users can easily mine on this pool with any Equihash miner. To see more details regarding the pool, click here.

A few stats regarding mining:

- current hashrate: 355777 Sol/s

- 3 kmd per block, 60 sec blocks

- One third of the blocks has gone to the GPU miners (not notary nodes) [currently 33.85% to be exact]

Iguana development

Although the Iguana wallet has been launched, it is currently in its beta stage and undergoing several developments and tests by the GUI team. The first priority is to allow users to backup their wallet to a safe place of their choosing. Furthermore, the Basilisk mode is also being completed with additional features.  

The team will soon focus on making the REV token available for Iguana as well, by letting users add their BTCD private keys to the wallet. Assetchain and PAX chain options will soon be added to all GUI modes. During February, the team will also work on bug fixes and GUI improvements. - Read more

How to recover lost BTCD

Yes, we know… Crypto is complicated. Too many letters, numbers and what not. We understand this perfectly and making cryptocurrencies easier is one of our primary goals! That’s why many of our users will be happy to know that if they accidentally sent BTCD to the wrong address (to the Komodo address instead of the BTCD address), they’ll be able to recover their BTCD! 

How to recover BTCD that was sent to a KMD address:

1. Download Iguana app

2. Add BTCD in Full Mode

3. Fully sync the blockchain (if it freezes, restart the app), you need to get to 'Real Time sync mode'

4. You should see your BTCD balance

5. Send the BTCD to the correct SWAP address provided by the ICO site.

However, currently there are some issues on Windows, but we have a dev already working on a fix. It should be possible to sync the BTCD blockchain even in Windows, but you might have to restart it a couple of times

KV Coin Article 

The SuperNet team has recently published an article regarding the KV Coin. You can read it here. 

“KV is basically a decentralized blockchain-based version of a key-value database (It’s like a container to store data in, with a label).” - Read more

To stay updated on the latest developments from the Komodo Platform signup for the newsletter. You can also join the Slack to engage the SuperNET community.

 

source http://coremedia.info/blockchain-news/item/404-supernet-tuesday-update-07-02-2017

Vertcoin is Adopting Bitcoin's SegWit Solution

One of the major concerns with Bitcoin has become the mining centralization that is currently on going. Despite being a decentralized and global cryptocurrency at heart, Bitcoin mining has become a largely industrialized practice, available only to those that are capable of hosting large mining operations.

One of the major concerns with Bitcoin is the mining centralization. Despite being a decentralized and global cryptocurrency at heart, Bitcoin mining has become a largely industrialized practice, available only to those that are capable of hosting large mining operations.

This is due to Bitcoin’s algorithm, which due to its low memory requirements has spawned a new generation of miners, known as ASICs. These machines have rendered Graphic card (GPU) and CPU mining useless (unless you like playing the lottery) and gave way to a new era of Bitcoin mining where it can no longer be done by ordinary people on ordinary computers, but only by those with capital and large mining facilities.

Litecoin was created to return mining to the common computer. The Scrypt algorithm, due to its memory requirements, was able to bring back GPU and CPU mining. However, Scrypt ASIC miners already exist and have merely been delayed by the memory intensive feature of Scrypt. No update or change was made to stop this, and even if attempted, those with the majority of mining power (ASICS) would simply vote against it. As so, one must assume this issue of centralized mining must be dealt with from the start.

Since Scrypt’s memory requirements were not high enough to block ASIC development and even if adjusted, there would always come a time where ASICS would be achievable, Vertcoin was created and the Scrypt-N algorithm was employed.

Scrypt-N relies on the “Adaptive N-Factor” to ensure that ASIC development will never be feasible during the period in which mining will occur. The Adaptive N-Factor, in which N is the memory required to complete new hashing functions, ensure that the memory increases with time to stay ahead of any possible ASIC development.

As so, mining remains decentralized. Although it is still possible to build large GPU mining operations, mining remains fairer than the current Bitcoin scenario, where to mine any amount profitably, one must spend at least $2000 to $3000.

Most recently, Vertcoin has also decided to introduce the SegWit solution, following the path of Litecoin and Bitcoin. Vertcoin has recently released a statement on their official website announcing the update and asking the community to “spread the word”. The statement read:

“The Vertcoin Development team has been busy the last month working on updating our wallet to the latest Bitcoin core with Segregated Witness (SegWit) [...] we are excited to announce that everything is working as it should on the test-net ,and if time permits we should have the new release ready sometime early next week, if not sooner. This should serve as a heads up to miners and pools since we will need a 75% consensus for Segwit to activate. Please spread the word.”

The updated wallet should be released shortly. It seems that SegWit may just come true after all but in different projects like Litecoin, Groestlcoin and Viacoin.

 

source http://coremedia.info/blockchain-news/item/402-vertcoin-is-adopting-bitcoin-s-segwit-solution

Vertcoin Adopted Bitcoin's SegWit Solution

One of the major concerns with Bitcoin has become the mining centralization that is currently on going. Despite being a decentralized and global cryptocurrency at heart, Bitcoin mining has become a largely industrialized practice, available only to those that are capable of hosting large mining operations.

One of the major concerns with Bitcoin is the mining centralization. Despite being a decentralized and global cryptocurrency at heart, Bitcoin mining has become a largely industrialized practice, available only to those that are capable of hosting large mining operations.

This is due to Bitcoin’s algorithm, which due to its low memory requirements has spawned a new generation of miners, known as ASICs. These machines have rendered Graphic card (GPU) and CPU mining useless (unless you like playing the lottery) and gave way to a new era of Bitcoin mining where it can no longer be done by ordinary people on ordinary computers, but only by those with capital and large mining facilities.

Litecoin was created to return mining to the common computer. The Scrypt algorithm, due to its memory requirements, was able to bring back GPU and CPU mining. However, Scrypt ASIC miners already exist and have merely been delayed by the memory intensive feature of Scrypt. No update or change was made to stop this, and even if attempted, those with the majority of mining power (ASICS) would simply vote against it. As so, one must assume this issue of centralized mining must be dealt with from the start.

Since Scrypt’s memory requirements were not high enough to block ASIC development and even if adjusted, there would always come a time where ASICS would be achievable, https://vertcoin.org/wp/Vertcoin was created and the Scrypt-N algorithm was employed.

Scrypt-N relies on the “Adaptive N-Factor” to ensure that ASIC development will never be feasible during the period in which mining will occur. The Adaptive N-Factor, in which N is the memory required to complete new hashing functions, ensure that the memory increases with time to stay ahead of any possible ASIC development.

As so, mining remains decentralized. Although it is still possible to build large GPU mining operations, mining remains fairer than the current Bitcoin scenario, where to mine any amount profitably, one must spend at least $2000 to $3000.

Most recently, Vertcoin has also decided to introduce the Segwit scaling solution, following the path of Litecoin and Bitcoin. Vertcoin has recently released a statement on their official website announcing the update and asking the community to “spread the word”. The statement read:

“The Vertcoin Development team has been busy the last month working on updating our wallet to the latest Bitcoin core with Segregated Witness (Segwit) [...] we are excited to announce that everything is working as it should on the test-net ,and if time permits we should have the new release ready sometime early next week, if not sooner. This should serve as a heads up to miners and pools since we will need a 75% consensus for Segwit to activate. Please spread the word.”

The newly updated wallet was just released. It seems that Segwit may just come true after all, maybe just not for Bitcoin.

 

source http://coremedia.info/blockchain-news/item/402-vertcoin-adopted-bitcoin-s-segwit-solution

Vertcoin Ready for Segwit

One of the major concerns with Bitcoin has become the mining centralization that is currently on going. Despite being a decentralized and global cryptocurrency at heart, Bitcoin mining has become a largely industrialized practice, available only to those that are capable of hosting large mining operations.

One of the major concerns with Bitcoin has become the mining centralization that is currently on going. Despite being a decentralized and global cryptocurrency at heart, Bitcoin mining has become a largely industrialized practice, available only to those that are capable of hosting large mining operations.

This is due to Bitcoin’s algorithm, which due to its low memory requirements has spawn a new generation of miners, known as ASICs. These machines have rendered Graphic card (GPU) and CPU mining useless (unless you like playing the lottery) and gave way to a new era of Bitcoin mining where it can no longer be done by ordinary people on ordinary computers, but only by those with capital and large mining facilities.

Litecoin was created to return mining to the common computer. The Scrypt algorithm, due to its memory requirements, was able to bring back GPU and CPU mining. However, Scrypt ASIC miners already exist and have merely been delayed by the memory intensive feature of Scrypt. No update or change was made to stop this, and even if attempted, those with the majority of mining power (ASICS) would simply vote against it. As so, one must assume this issue of centralized mining must be dealt with from the start.

Since Scrypt’s memory requirements were not high enough to block ASIC development and even if adjusted, there would always come a time where ASICS would be achievable, Vertcoin was created and the Scrypt-N algorithm was employed.

Scrypt-N relies on the “Adaptive N-Factor” to ensure that ASIC development will never be feasible during the period in which mining will occur. The Adaptive N-Factor, in which N is the memory required to complete new hashing functions, ensure that the memory increases with time to stay ahead of any possible ASIC development.

As so, mining remains decentralized. Although it is still possible to build large GPU mining operations, mining remains fairer, than the current Bitcoin scenario, where to mine any amount, one must spend at least $2000 to $3000.

Most recently, Vertcoin has also decided to introduce the SegWit scaling solution, following the path of Litecoin and Bitcoin. Vertcoin has recently released a statement in their official website announcing the update and asking the community to “spread the word”. The statement read:

“The Vertcoin Development team has been busy the last month working on updating our wallet to the latest Bitcoin core with Segregated Witness (segwit) [...] we are excited to announce that everything is working as it should on the test-net ,and if time permits we should have the new release ready sometime early next week, if not sooner. This should serve as a heads up to miners and pools since we will need a 75% consensus for segwit to activate. Please spread the word.”

It seems that SegWit may just come true after all, maybe just not for Bitcoin.

 

source http://coremedia.info/blockchain-news/item/402-vertcoin-ready-for-segwit