10 Crypto Trading Mistakes? and How to Avoid Them | Coin Bureau
Welcome to this cryptocurrency video posted by Coin Bureau. In this video you learn about 10 crypto trading mistakes people tend to make and how to avoid them.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Paxful Referral Program | Blockchain Affiliate Program
Welcome to this blockchain and cryptocurrency video posted by. In this video and article belwo you will learn about the Paxful referral program. The Paxful referral program is one of the top paying blockchain affiliate programs.
Paxful referral program details
Paxful's Affiliate Program was created to help increase your profits by sharing their platform with friends, family, and followers. You get rewarded for the users that you send to Paxful and who use their cryptocurrency platform.
Instant Profits on Every Trade
50% of your Tier 1 affiliates fees 10% of your Tier 2 affiliates fees paid by their affiliates
When people click through your Paxful affiliate link, they are tagged with a special unique ID that let's Paxful know you sent them their way. This is a global system that works everywhere in the world.
Affiliates sign up and but BTC - you earn commission.
You earn 50% from tier 1 affiliates (directly referred by you) and 10% from tier affiliates (affiliates referred by your affiliates).
You get paid in BTC when you have $10 or more in your account.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
TESLA Blockchain and Cryptocurrency Ties | Chico Crypto
Welcome to this blockchain and cryptocurrency video posted by Chico Crypto. In this video Tyler talks about Tesla (founded by Elon Musk) and the news surrounding blockchain and crypto project ties.
CargoSmart, SIPG, and Tesla
The blockchain-based logistics company CargoSmart along with SIPG and COSCO, have been working with Tesla to trial a blockchain application that shortens the cargo release time of completed vehicles and releases them to owners faster than before.
Tesla blockchain shipping logistics trial
Which blockchain is being used
Looking at cargosmart.io a partner in the global shipping alliance. We can see that CargoSmart is a software company funded by Orient Oversease Container Line (OOCL). This company is creating the blockchain software that Tesla is and will be using for shipping and end-user delivery logistics. It is important to note that OOCL is not just a new blockchain software startup with no proven history. It is an extension of one of the most powerful shipping line companies in the world.
CargoSmart recently completed a PoC with eTradeConnect where they demonstrated value in cross-network collaboration in trade finance.
Collaboration between banks, shippers, terminal operators, and ocean carriers make up a new consortium called the Global Shipping Business Network (GSBN).
Who is leading the build of the Tesla blockchain - eTradeConnect
eTradeConnect is part of Hong Kong InterBank Clearing Limited (which is part of the Hong Kong Monetary Authority).
A single purpose company to provide trade and trade finance to local and overseas participants using distributed ledger technology (DLT)
Tech being used for the Tesla blockchain solution - OneConnect
Ping An, part of Ping An Bank, which runs OneConnect - a blockchain service. OneConnect has filed for over 3000 blockchain patents.
OneConnect is the blockchain looking to be used with Tesla factory in China
FiMAX by OneConnect looks to be the architecture that will be used. FiMAX BNaas and FiMAX S3C to be precise which was made originally by the founder of Hyperledger Fabric.
Baseline, UniBright, Chainlink, and ShipChain may also be part of the Tesla blockchain solution with Ethereum as a component that ties all these together.
Tesla blockchain news
Tesla and Elon Musk are getting their feet wet in the blockchain space. It seems as if Tesla is testing a blockchain solution at one of the Gigafactories in Asia. The breadcrumbs reveal a number of crypto projects that could have ties to the Tesla blockchain components and supply chain. Watch the video above to learn more about Tesla and possible crypto partners.
Check out Elon Musk talk a bit about Bitcoin and cryptocurrency and view our wishlist for blockchain features we would like to see available with the release of the CyberTruck - View here.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Blockchain Smart Contract Web Links | 2Key Network
Welcome to this cryptocurrency video posted by 2Key Network. In this video you learn about the 2Key Network blockchain services. 2Key has created an innovative new way to run affiliate marketing campaigns. Through the use of blockchain smart contracts, 2Key is able to create blockchain referral links using regular https:// links. Through this innovative approach, 2Key is able to create a precise information sharing chain where all participants get rewarded.
2Key Blockchain Referral Web Links
2key is a key with two dimensions, smart contracts are seamlessly embedded within any web-link. Anytime a link is shared, 2keys network keeps track of the information on both the link's origin and its destination.
Web 3.0 Blockchain Links
Web 3.0 protocol allows for 2key links to be shared and tracks both the sender and the receiver to reward all parties involved. When an event occurs such as a purchase of a product or service the participants can be rewarded as per the variables set in the smart contract.
Referrals are powerful
People are 5 times more likely to try a product or service that has been referred to them by someone they know and trust.
Disruptive and revolutionizing affiliate referral system
There is tremendous potential for smart contract referral links to disrupt centralized affiliate systems. 2Key Network revolutionizes the multi-billion dollar affiliate marketing industry.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Will The Coronavirus Delay Ethereum 2.0? | Dapp University
Welcome to this cryptocurrency and blockchain video posted by Dapp University. In this video Gregory talks about the current financial crisis amidst the Coronavirus pandemic and if they will cause a delay Ethereum 2.0?
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Tesla CyberTruck Blockchain and Cryptocurrency Features
Welcome to this blockchain and crypto video by HyperClips. In this video, you will hear Elon Musk talk a bit about blockchain and cryptocurrencies.
Tesla CyberTruck, Model S, 3, X, Roadster Operating System
Blockchain interoperability will play an important role in the coming years. Companies that recognize this will have a leg up on their competitors. Elon Musk is well aware of the capabilities and uses that blockchain offers.
The blockchain niche relates to a more tech-savvy aging population that takes individual rights and freedoms more seriously. People use blockchains for exchanging goods and services, payments, store of value, programming and smart contract execution machine.
With blockchain technology, you are able to verify the authenticity of something such as an identity of a person, place, thing, or digital representation of something.
Blockchain connectivity is an important functionality for web browsers and device operating systems to have. Blockchains such as Ethereum allow for code to be created that controls digital value, runs exactly as it is programmed, and can be used 24/7 anywhere in the world. This is a very powerful platform that has 1000's of developers working various projects.
One can speculate that Tesla's operating system will be packed full of various features that are in some way or another connected to blockchains.
Authenticity reference number (proves your vehicle is genuine/paired to a non fungible token)
Dapps (through the tablet and mobile interface)
Location/Tracking (private, secure, access through private key login)
Purchase and Sale of the vehicle (peer 2 peer Tesla market place/paired to a non fungible token)
Data storage (Storj/IPFS integrations)
Rewards for activity, recharges, community involvement, etc (TSLA will have their own digital currency)
Performance feedback (distributed metrics)
Unanswered Questions about Tesla and Blockchain
Will Tesla make their own cryptocurrency? Will Tesla use an existing cryptocurrency such as Ethereum or Bitcoin? What blockchain functionality does Tesla have? Will Tesla use oracles and Chainlink? Will Tesla use Kyber Network?
Tesla Gigafactory and Blockchain Logistics Partners
Check out recent news uncovered by Chico Crypto related to Tesla and the blockchain tech they look to be pilot testing.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Bitcoin Reddit Review and Bitcoin's Place in the World | Crypto Daily
Welcome to this cryptocurrency video posted by Crypto Daily. In this video you will hear about Bitcoin's reddit review and Bitcoin's place in the world.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Coronavirus | Gravitas | China Blocking UN Meeting?
Welcome to this blockchain news video posted by WION. In this video you will learn possible reasons why the UN has not yet discussed the Coronavirus.
The UN is yet to discuss the Coronavirus outbreak. WION's Executive Editor Palki Sharma Upadhyay tells you more. Watch the video above.
The UN follows protocol. As per protocol The United Nations Security Council agenda is decided by the chair. Its a rotating presidency and the chair for the current period is China. As the chair, China has decided that there is no need for a discussion on the Coronavirus (Covid-19).
The Coronavirus is a virus that can cause death to humans which originated from China. This virus has been exported all around the world. China claims that it has neutralized the spread of the virus and that everything is going fine. There are hardly any new cases of the virus infecting humans being recorded by China.
China has chosen to not make the Coronavirus part of the agenda at the UNSC meeting. They say that the pandemic does not fall under the correct umbrella. However back in 2014 when the EBOLA outbreak occurred. The UNSC called it an 'unprecedented crisis' which constituted a threat to international peace and security.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Welcome to this blockchain video posted by Chainlink. This crypto video is a an AMA (ask me anything) between Chainlink Co-Founder Sergey Nazarov and Kava CEO Brian Kerr. They discuss how Chainlink will be used as the official oracle of Kava (a Cosmos project) and their use of Chainlink price reference data to maintain the price of the USDX stable coin.
Kava CDP Platform
Kava is a cross chain CDP platform for cryptocurrencies. Kava is working to connect various blockchain projects such as Chainlink to the Cosmos blockchain. Kava describes itself as a defi services platform. Kava's principle product is that of a lending platform for cryptocurrencies.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Welcome to this cryptocurrency video news update posted by Nuggets News. In this video you will learn about Ethereum news and updates here in 2020.
Watch the crypto video above to learn about exciting projects being developed for the Ethereum ecosystem. This crypto video series gives you technical & fundamental information regarding the Ethereum Blockchain, Ethereum 2.0, decentralized finance (defi), staking, and the adoption of cryptocurrencies in general.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Learn Blockchain Programming | A COMPLETE beginner’s guide | Dapp University
Welcome to this educational cryptocurrency and blockchain video posted by Dapp University. In this video you will learn from Gregory as he talks about blockchain technology in a language that is easy to understand.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Global Pandemic Covid-19 ID2020 Digital Dollar and Crypto | Chico Crypto
Welcome to this cryptocurrency video posted by Chico Crypto. In this video, you will learn about ID2020, digital IDs, and enforced vaccinations!
Are the responses and measures being implemented following the outbreak of COvid-19 all planned in advance? Were ID2020 programs ready to roll out at the time of a global pandemic such as this?
IN this video you will hear about:
US Liberties Reduced Until at least the End of April
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
FED and Unlimited Liquidity | Bitcoin Anyone? | DataDash
Welcome to this blockchain and cryptocurrency video by DataDash. In this video, you hear Nic talk about the FED and quantitative easing. The FED has initiated an unlimited liquidity strategy to help keep the US economy at bay.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
What is Katalyst by Kyber Network | Protocol Upgrade & New Token Model
Welcome to this crypto and blockchain video posted by DeFi Dude. In this video you learn about Kyber Network and the Katalyst protocol upgrade and new token model being released in 2020.
Kyber Network
Many people have been showing an increased interest in the blockchain project known as Kyber Network. Here we will be doing a brief overview of the Katalyst protocol upgrade to the Kyber Network.
If you don't already know what the Kyber Network is we have shared a few video reviews of Kyber Network which do a really good job at explaining the platform. In summary the Kyber Network is a liquidity protocol designed to have a lot of assets on standby ready to be used in conjunction with a decentralized application or decentralized exchange.
Katalyst Protocol Upgrade for Kyber Network
Katalyst is changing many things to do with how the Kyber Network works. In the new system 'reserve managers' are going to be paying no fee and instead they will be receiving rebates. These rebates will be a percent of the network fee that's going to be sent directly to those who are providing liquidity. This in-turn incentives liquidity. The previous/current model did not incentivize liquidity because the reserve managers actually paid to provide the liquidity. Which greatly cut into profits for the participants of the network.
Why is more liquidity good?
You want to provide more liquidity because more liquidity means less slippage, more competitiveness, bringing more users, which creates a better ecosystem, that generates more fees generated from higher transaction volume.
Dapp integrations and new fee model
In the previous/current model 30% of fees are given to the decentralized application integrators. Once the Katalyst upgrade has been implemented into Kyber Network the new protocol will allow for dapp integrators to set their own fees. The fee percentage will no longer be set in stone in the smart contract and will be a variable that the dapp integrators can play with on top of the base rate.
How do KNC holders benefit from Katalyst upgrade
KNC holders are going to benefit from this upgrade because they are the one's who will be doing the voting in the KyberDAO. Katalyst revolves around the KyberDAO a decentralized autonomous organization in which a group of governors can vote on various things to do with the network and protocol.
KNC holders stake their KNC tokens in the KyberDAO and get a voting weight based on their staked holdings. The weight is how much power or say you have on whatever you are voting for. An example is if you have 20 KNC and the total supply was say 200, you have 10% weight and you are voting for 10% of the entire network. You can vote on things such as fee governance.
Katalyst rewards - Burn vs Inflation
Through Kyber Network transactions the fees are dispersed back to the KNC holders as per the weightings of staked tokens and at the same time a percentage of tokens are burned from the total supply. Because the tokens are burned there are less in circulation which makes the remainder of the tokens more valuable.
Other staking platforms do not burn tokens but release more tokens into the supply which creates inflation. This is still a reward and you are receiving more tokens, but inflation makes the circulating supply increase which intern decreases the value of the existing tokens.
With Kyber Network there is no inflation, the network is sustained just on the network fees generated. It is actually a deflationary supply. With the Katalyst upgrade KNC holders will have voting rights on the percentage of tokens that get burned and the percentage of fees. The Katalyst upgrade gives KNC holders more say on the governance of the Kyber Network.
What do you think about Kyber Network? Share this project and this page and view more about Kyber Network from the links below.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Can A Blockchain Get a Virus | Blockchain Malware, Trojans, Viruses
Welcome to this cryptocurrency video and article related to blockchain viruses, malware, and trojans. In this article we will discuss a few various aspects of cryptocurrency and blockchain technology in regards to attacks by malicious software.
Blockchain Viruses - Are they possible
Blockchain is strongly believed to be immune to viruses. A blockchain does not copy data, it is a distributed system. A blockchain is immutable and unchanging. They are designed to verify each block that gets added and must follow smart contracts precisely. Any new or bad code will not be accepted to the chain. A smart contract cannot act by itself. A user must initiate actions and pay for transactions according to the consensus being used. Each action only lasts for one block and does not affect a blockchain as a whole.
To avoid bad actoes that may be running nodes on a anetwork there are simple tools and functions that can be used to get rid of them. For simple node faults a consensus mechanism such as RAFT can be used. For nodes which act maliciously there are mechanisms that can be used such as Byzantine Fault Tolerance to remove faulty nodes from the blockchain network.
Crypto Mining Malware "Crypto Jacking"
Just because a blockchain cannot be infected by a virus at this time does not mean the crypto space is safe from attacks. A malicious code that is similar to wave audio files has infected over 80,000 computers since 2018. This malware is designed to run a crypto miner on infected devices. This type of malware campaign allows hackers to deploy CPU miners into victims devices stealing processing resources which in turn are used to generate thousands of dollars a month in mining cryptocurrencies.
This type of attack is commonly referred to as 'Crypto Jacking'. It allows the attacker to operate in the background with out the infected user knowing anything is going on. This type of malware is not directly a blockchain virus that exists on a blockchain but it is related to cryptocurrencies.
Bitcoin Ransomware
Another attack to people in the crypto space is called Bitcoin Ransomware. This type of attack is designed to infiltrate an operating system and infect the system by encrypting each file so that the original user/owner cannot access any files without permission. The attacked will demand payment in cryptocurrency in order to give access of the files back to the owner.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
How Will The COVID-19 Economic Crisis Affect Bitcoin and Cryptocurrencies | Andreas Antonopoulos
Welcome to this cryptocurrency video posted by BlockTV News. In this video you will view a interview with Andreas Antonopoulos regarding how the cryptocurrency space may suffer in the face of a global economic crisis such as the COVID-19 Coronavirus.
On Price Speculation
Antonopoulos mentions that he believes that education is the best thing one can learn. It is a very valuable asset to possess and timing is not as important as something such as timing price movements.
On Mass Adoption
When asked about adoption, Antonopoulos mentions that he see's this not as being a western movements where people can buy Starbucks, because this is not an urgent issue and is something that can already be done easily, it is not the primary market need. Adoption according to Andreas Antonopoulos is basically the opportunity to give people a choice to have an alternative online currency that cannot be debased, controlled, censored, taken away, and where you have a degree of transparency and predictability that is not currently offered by traditional financial systems.
There is a market of approximately 6 billion people who need this type of monetary system. Around 50% of the worlds population live under a dictatorship or totalitarian regimes. These people are the people who need this technology far more then citizens of Western more established countries.
Mass adoption according to Andreas Antonopoulos is not about retail purchases with cryptocurrencies because you can easily do that with the tools we already have. Yes there are still fee's for transactions that are to high, yes you need to ask permission in order to transact, yes certain systems are only open 9-5 in the traditional financial institutions. But the system works for the time being and is not in desperate need of advancements when compared to 3rd world countries and citizens who live under dictatorships.
Miss Use and Understanding of Blockchain Technology
There have been countless scams and ponzy schemes where billions upon billions of dollars have been taken from those who do not necessarily understand the technology behind blockchains and distributed ledgers and have been taken advantage of.
This is absolutely a concern and why Antonopoulos says that education is the most important aspect of this new industry. We should not be focusing on the investment aspects as much as education and making sure that the right tools are in place and people know how to use them correctly.
In a way this technology is a double edged sword. People need access to open financial products which can be accessible to the billions of people left out of the traditional financial industry. And at the same time, they need the education required for the use of this technology or they will suffer more from its existence.
Andreas Antonopoulos On Libra
It lacks all the characteristics to be what Bitcoin is. It is not borderless, it is not immutable, it is not neutral, it is under regulations, it requires permissions, you cannot bank the unbanked with this system. An open public blockchain cannot be controlled by anyone or any specific group.
Next Global Economic Crisis Such as Covid-19 Coronavirus and Cryptocurrency
This next crisis is already upon us with the Covid-19 Coronavirus. This is going to precipitate an economic crisis by damaging supply chains even if it doesn't turn into a pandemic.
Which we know by now is that it has created a global pandemic and many countries and regions around the world are in lockdown and in states of emergency.
The Covid-19 will be used as an excuse and be blamed for the reason of the economic crisis but a global economic crisis has been coming for 10 years as of recently and building over the last 100 years as well with long term debt cycles.
The affect this global crisis will have on Bitcoin and cryptocurrencies is that it may very well test cryptocurrencies as a lifeboat and safe haven against the traditional financial systems. At the same time this economic crisis and slowdown in economic activity especially in the tech sector will reduce the amount of investments in the crypto space. This will cut both ways and the crypto space is in its infancy and is not ready for mass adoption. In the future open and decentralized finance will be ready, but at this time it is not.
Watch the video above to hear all Andreas Antonopoulos answers regarding decentralized finance and how Bitcoin and cryptocurrencies will fare in the coming economic slowdown and Covid-19 pandemic.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Welcome to this cryptocurrency video review posted by Coin Bureau. In this video you learn about Kyber Network KNC.
Defi is a fast moving rapidly evolving space in the blockchain industry. From flash loans, decentralized exchanges, derivative portfolio management, uniswaps, and so forth. Almost every week there is a new project that claims to be the best thing since sliced bread. Now, not all these projects that are being released will be here to stay, however defi itself is. The Kyber Network looks to be one of the strongest projects that has the potential to make big waves in the defi space.
Kyber Network Overview
The Kyber Network is a decentralized exchange protocol that provides on-chain liquidity. By on-chain liquidity, it means it is able to give users the ability to swap and exchange ERC-20 tokens with one another on the Ethereum blockchain. The Ethereum blockchain is the most widely used smart contracts platform and a growing world computing machine. Kyber Network allows such transfers to happen through single transactions using smart contracts. Transactions and token exchange rates are taken from an aggregated liquidity pool across multiple sources to give users the best rates available.
Kyber Network Flow
The Kyber Network consists of 'takers', 'makers' and 'maintainers'. Takers take liquidity from the protocol by calling Kyber Networks core smart contract. Takers are end users, exchanges, wallets, and dapps.
Makers aka 'reserves' which provide liquidity to the network for token inventory and pricing. The reserves interact with the Kyber Network's interface smart contracts. When Kyber matches a trade it will find the best trading conditions and execute it all within one single transaction with the best course of action through an automated decentralized instantaneous execution.
Maintainers are parties that have permissions to access the functions. The Kyber Network team for example has access to certain functions.
4 Benefits to using Kyber Network
Instant trade settlement - You don't have to wait for any order fulfillment because settlement and matching is all done within one single transaction.
There is no partially executed orders - it is all done or none of it is done (executed or reverted).
Complete transparency - anyone can verify the rates that are being offered by the reserves to ensure they are getting the best rates available at the time of execution.
Easy to integrate - Kyber Network is simple to use and is easily integrated with smart contracts using the Ethereum blockchain.
Kyber Network Use Cases
Off chain token swaps
Currency and token conversion
NFT payments
Auto balance token portfolio weightings
Tokenized lending
Margin trading
Cross chain inter-operability (Ethereum to EOS for example)
Kyber Network Updates
Waterloo Bridge - a cross chain protocol that allows users to interchange value, tokens, and execute smart contracts across different blockchains.
Katalyst - a protocol upgrade that will increase liquidity and stake holder rewards/participation. The current protocol is designed to burn token fees or paid over to the dapp integrations. This will create a stronger governance model.
Kyber KNC Token
The Kyber Network KNC token facilitates smooth operation of the decentralized liquidity network. Prior to updates one of the only ways that KNC holders would benefit was from the burning of tokens when fees occurred. This creates a benefit for those who HODL long term.
The burning alone is not enough incentive and it does not reward those who participate in the network. The network will not grow exponentially without the participants being rewarded. This will change with the release of the Kyber Dow and reserve incentives. Burning will still take place on the protocol but holders will also have the opportunity to earn more KNC through the following.
Staking on the Kyber Network - Stake and participate in the KyberDAO to get rewards from the network fees.
Reserve incentiveskyber network katalyst upgrade
- Rewards for providing liquidity and being a market maker. This creates more trading opportunities and helps to grow the Kyber Network ecosystem as a whole.
The Kyber Network Team has been doing a great job at building a strong global community. They have been active with meetups across many countries. They are one of the most active projects in the Ethereum community. They have been present and active at Blockchain Week in Germany, to ETH India, to ETH Denver. There have been a number of Kyber Network hackathons and events. Watch the crypto video above to get all the details on Kyber Network and where it is heading in the months and years to come.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Chainlink Honeycomb API Data for Defi Applications
Welcome to this blockchain video posted by Chainlink. This video is a presentation given by CEO of CLC Group Heikki Vanttinen. In this video you will learn about Chainlink and Honeycomb and how they both achieve different things related to connecting smart contracts to real world data.
Honeycomb sits between the node and the API. Honeycomb marketplace main use-case is a source of premium API data for DeFi applications.
Chainlink is a distributed oracle network that facilitates smart contracts in the secure access of offchain data feeds, web API's, and payments.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
DAI Review | Maker Stablecoin Explained | Coin Bureau Update
Welcome to this cryptocurrency video review posted by Coin Bureau. In this video you learn about Maker stable coin DAI.
DAI was first launched in 2017 by the Maker team. Maker's plan is to develop a line of decentralized stablecoins. These stable coins will be tied to other assets. Two tokens have been issued - MKR and DAI.
DAI works through a balance of economic incentives and game theory. Arbitrage opportunities are created every time there is a deviation from the 1 to 1 pegbetween DAI and the paired asset.
The DAI stablecoin is an ERC-20 token on the Ethereum blockchain.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
Welcome to this blockchain interview video posted by Chainlink. This video is a fireside chat with Sergey Nazarov, the CEO of Chainlink along with Chainlink advisor Ari Juels, who is a Professor at Cornell Tech. The main topic of discussion is connected smart contracts, onchain/offchain connecting oracles, and the Chainlink protocol.
Chainlink is a the leading blockchain middleware company that is still relatively new but already being used by enterprises such as SWIFT, Google, Oracle, and smart contract teams such as Web3 Foundation, OpenLaw, OpenZeppelin, Hedera Hashgraph, Zilliqa, and lots of others.
Chainlink is working with major banks,large technology firms, insurance companies, and enterprises and many other industries in helping the adoption of enterprise blockchain. Without oracles, smart contracts are incomplete with real world offchain data. Smart contracts need a secure and reliable way to connect off-chain data to blockchains. This is the functionality Chainlink uniquely provides.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy
