Tag Archives: Crypto Videos

How Long Does Each Bitcoin Take To Mine

How Long Does Each Bitcoin Take To Mine

The highest valued cryptocurrency, Bitcoin, is expected to rise even further in value as time goes on. The simplest means of acquiring Bitcoin is to purchase it. However, over the years, Bitcoin mining has gained quite some focus.

So, how long does it take to mine 1 Bitcoin? It takes approximately 10 minutes, but that is dependent on a number of conditions. Read on to find out what they are.

What is Bitcoin Mining?

Bitcoin mining refers to the processes involved in the attempt to gain Bitcoin as a reward for validating transactions. By computing complicated math puzzles, computers (known in this context as network nodes) compete to add confirmed transactions to the blockchain. The node that wins is rewarded with a new block of Bitcoin. 

Mining involves a lot of computing and electric power, which makes it quite expensive to achieve. There is also a limit to mining as only 21 million Bitcoins are available in supply, the last of which is predicted to be mined by the year 2140. 

Bitcoin mining reward allocations are set to reduce by half every four years. This trend, known as Bitcoin halving, happens in spaces of 210.000 blocks. It was last observed, for the third time thus far, in May 2020, leaving the present reward rate at 6.25 Bitcoins for every block mined.

What Affects the Time Taken to Mine Each Bitcoin?

It takes about 10 minutes to mine 1 Bitcoin. However, one would have to consider the:

  • type of mining hardware
  • hash rate
  • method of mining
  • difficulty of mining

Type of Mining Hardware

It takes special computer hardware to handle the SHA-256 algorithm required for Bitcoin mining. Miners use GPUs (graphics processing units), FPGAs (field-programmable gate arrays), and ASICs (application-specific integrated circuits) to mine Bitcoin. The electric power that these machines consume is an additional cost.

Hash Rate

The amount of power that a network requires to find and validate transaction blocks is known as its hash rate. This indicates the number of operations (or hashes) that a blockchain network can perform per second. Naturally, where there are more network nodes to compete for the block, the network stands a better chance, and the hash rate is higher. 

Method of Mining

Based on the resources available, a miner may choose to do solo mining, which entails taking on the responsibility alone for the maximum reward or to join a mining pool. Mining pools allow people a better chance to benefit from Bitcoin mining by sharing the computing and electric power expenses as well as the rewards.

As an aspiring miner looking to join a pool, you must consider the fees, hash rate, and reputation of the pool. Some common Bitcoin mining pools include F2Pool, Poolin, and Slush Pool.

Difficulty of Mining

Mining difficulty is a metric indicating how difficult it is to hit the right operation or hash to win a Bitcoin block. It indicates how hard a node has to work to win the reward. This metric is constantly fluctuating, making it tough to ascertain the precise time mining will take.

With Bitcoin, the network is set to adjust mining difficulty after every 2016 blocks mined to keep the time required to mine a new Bitcoin block at roughly 10 minutes. If it gets too easy to mine blocks, the network makes it more difficult, and vice versa.

Conclusion

Although the average is 10 minutes, the conditions surrounding Bitcoin mining are never stable, and so it is not easy to tell precisely how long it should take to mine 1 Bitcoin. Understanding how mining works makes it a bit clearer to see why this is so.

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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. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

Here’s How To Mine Dogecoin

HERE'S HOW TO MINE DOGECOIN

A lot of people around the world mine Bitcoin with hopes of making profits. On the other hand, Dogecoin miners do it for fun. But is there more than fun to be gained from mining Dogecoin? Read on to find out. 

What is Dogecoin?

Memes have popularized Dogecoin (DOGE), a digital currency created for fun and designed to reach a wider audience than other cryptocurrencies. Dogecoin was born in 2013 when Billy Markus and Jack Palmer launched it as a jocular gesture to ease the tension in the crypto world.

With a cute Shiba Inu as the symbol, the coin aims to show the lighter side of the crypto world and get more people engaged in cryptocurrency. What began as a joke has now been applied in a ton of meaningful use cases that show its significance in societal issues.

Apart from being enjoyed by Reddit users in rewarding funny content, Dogecoin has been used to advance charitable causes like promoting the notable Jamaican Olympic bobsled team, as well as digging water wells in Kenya. 

Mining Dogecoin

Dogecoin mining is similar to mining other cryptocurrencies, which involves validating transactions and being rewarded with a new coin. Dogecoin blockchain makes use of the Scrypt algorithm, with a new block gained every minute and offering 10.000 Dogecoins.

As with mining other cryptocurrencies, there are two ways to go about it – solo mining (on your own) or pool mining (along with a group). Solo mining naturally gives one a lower chance of winning a block, while pool mining increases the odds as there are more competing nodes. However, the total reward for the latter is shared among the group of miners. 

What Is Required for Dogecoin Mining?

Mining any cryptocurrency is an extremely complex process that requires expensive hardware, software, and a lot of electric power.

Hardware for Mining Dogecoin 

To mine Dogecoin, you need a Scrypt ASIC (application-specific integrated circuit) miner, a central processing unit (CPU), or a graphics processing unit (GPU). 

It is not advisable to use the CPU of your PC as it may overheat from the complexity of the processes involved. GPUs perform better, and there are various kinds available. 

However, as mining is now highly competitive, it's best done with an ASIC miner that works with the Scrypt algorithm. It comes with more power, but also costs more and consumes more electric power.

Sofware for Mining Dogecoin

There are a few software options for both pool and solo mining CPU mining. For GPU mining, there are a few more options, including Minergate, CudoMiner, and NiceHash.

ASIC for mining, on the other hand, usually comes built-in with the necessary software. Nonetheless, if your ASIC has no integrated program, CGminer is a vastly universal mining software.

Those interested in mining Dogecoins without investing in hardware or software can opt for cloud mining, which involves renting computer power at a monthly charge. This way, you get a corresponding share of rewards obtained. Some cloud mining pools you can join include Genesis Mining, Eobot and NiceHash.

Cryptocurrency Wallet

You need a cryptocurrency wallet in which to store the Dogecoins you earn. Just like with online banking, you can send or receive crypto coins using your crypto wallet as well. There are several crypto wallets to download via the app store of your device.

Conclusion

Dogecoin mining is a good place for beginners to familiarize themselves with the mining process. In addition, though earlier considered as a crypto parody, Dogecoin has also proven its worth in supporting charitable causes.

 

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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. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

7 recommended crypto youtube channels to watch

7 recommended crypto youtube channels to watch

Courtesy of Dirk Crypto Diggy we have a great list of 7 recommended crypto youtube channels to watch.

You can view a list of crypto influencers on YouTube here.

If you are looking to have coverage created for your project please get in touch to see what options are available for you. Here at WatchCrypto.Media we work with 100's of crypto influencers from around the world. The easiest way to get started is by sending us an email and introducing your project. You can contact us here: Contact@WatchCrypto.Media.

  1. chico crypto
  2. the contrarian dude
  3. young and investing
  4. the crypto sniper
  5. crazy for cryptos
  6. crypt0
  7. bob loukas

Each of the crypto youtube channels above are free to watch. They can be used to stay informed on the crypto markets as a whole. Be sure to check them out and subscribe to receive notifications directly.

If you are looking to get coverage for a crypto project please get in touch with us here.

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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. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

Yield.Global | Defi Lending and Borrowing

Yield.Global | Defi Lending and Borrowing

Crypto ARVI ⚡ is HERE WITH Yield.Global! A community-driven protocol designed to innovate the DeFi and yield farming sphere. 

WEBSITE: https://yield.global/ 

TELEGRAM: https://t.me/yield_global 

TWITTER: https://twitter.com/yield_global

A snippet from their website:

"Yield.Global is an innovative DeFi solution designed to reach new heights of APY in Yield Farming. The protocol is secured from speculations and tailored to greatly reward the early stakers. This is achieved through the stake lockup period after which both unstake and claim reward functions will be unlocked for all participants. This strategy is relatively simple but brings exponential price growth, adds sustainability to the pools, and reduces speculation."

You can learn more about Yield.Global and Yield.Claims by reading their litepaper and joining the chat feeds to stay up to date with how other community members are feeling to stay ahead of the curve.

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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. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

How to Create NFTs Non Fungible Tokens

How to Create NFTs Non Fungible Tokens on Ethereum

Use this video to learn about the process of how to create NFT's (Non Fungible Tokens) using the Rarible app, an NFT marketplace.

The blockchain space is evolving, Yield Farming and NFT's are giving the crypto space a wave of new crypto enthusiasts. You can use the video above to learn about how you can create your own art and digital objects into tokenized assets on the Ethereum Blockchain.

Rarible: https://app.rarible.com/

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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. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

What Is Polkodot And How Does It Compare to Ethereum?

What Is Polkodot And How Does It Compare to Ethereum?

When discussing cryptocurrencies these days, it's hard to go without haring aboutor mentioning the Ethereum blockchain. However, a new project has some interesting potential. Originating from a co-founder of Ethereum, Gavin Wood, Polkadot has become a highly anticipated multi-chain interoperable network. 

Following his leave from the Ethereum Foundation in 2016, Gavin Wood created a new blockchain called Polkadot, with the aim of solving different problems faced by many exisiting blockchains, including Ethereum 1.0. 

Polkadot vs. Ethereum

Considering the intertwined history of both projects, it is only natural to compare them. At the basics, Ethereum, from a developer perspective, provides a platform where both logical statements and smart contracts are deployable to navigate the transfer of native assets on the Ethereum chain. On the other hand, Polkadot is meant to provide a platform where various blockchains are connectable, as well as a framework that makes building your own blockchain possible and easy. So as far as similarities go, on a basic level, the major design aim of both Ethereum and Polkadot is to enable developers to create their own personalized, decentralized applications. 

In detail, the Ethereum and Polkadot platforms have their individual strong points. One of the most obvious strengths of Ethereum is its all-encompassing ecosystem, but this comes at a price – scalability, which refers to how transactions are processed at a limited rate. 

Ethereum 1.0 uses a structure consisting of a single-chain where each node must individually authorize all transactions. Ethereum 2.0 aims to tackle this problem using a main chain termed the “Beacon Chain”.

Polkadot uses a similar yet different sharding method, in that it consists of a main chain termed the “Relay Chain,” and the shards (called parachains in Polkadot) can process transactions in parallel. But unlike the Ethereum sharding method, the parachains do not use a uniform rule for state-changing but independently initiate state changes. A simple way to understand this is to think of the main chain as a multi USB connector where, for the Ethereum blockchain, you can only plug in a specific type of USB type, while Polkadot allows for more. 

That brings us to the effect of the level scalability that both blockchains offer. The lack of flexibility of shard connection in Ethereum makes interoperability nearly impossible, and, as such, only predetermined shards can join the Ethereum ecosystem. The reverse is the case for Polkadot as bridge parachains effectively enable developers to connect to external blockchains, including Ethereum.

It’s increasingly clear that Polkadot aims to do everything possible on other blockchains with the added benefit of seamless movement of assets between other chains, among other things. One of its major strengths over other blockchains for developers is the use of the development framework – Substrate –which effectively helps with facilitating easier blockchain development. 

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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. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

April 2020 Oil Crash and Bitcoin and Cryptocurrencies

April 2020 Oil Crash and Bitcoin and Cryptocurrencies | Chico Crypto

Welcome to this cryptocurrency video posted by Chico Crypto. In this video Tyler talks about the oil crash where prices per barrel of oil went to less than 0 (negative prices) in April 2020. This is made possible because of physically settled commodities.

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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. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

Crypto Payment Cards | Pay Using Crypto Debit Card Anywhere In The World

Crypto Payment Cards | Pay Using Crypto Debit Card Anywhere In The World

Welcome to this cryptocurrency related video posted by Brian Jung. In this video you learn about Crypto.com payment debit cards.

Crypto.com Coupon Referral Link Code

Interested in getting one of the Crypto.com cards? You can use the coupon referral code:

utn2pvuqvd

using the code will get you $50 in MCO tokens for free. You will need to pass KYC and stake at least 50 MCO to get the Ruby Card.

Crypto.com Coupon Referral Code 50 MCO

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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. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

Two Elements That Will Drive Bitcoin’s Price in 2020

Two Elements That Will Drive Bitcoin's Price in 2020 | DataDash

Welcome to this blockchain and crypto currency video by DataDash. In this video, you will learn from Nic two elements that will drive Bitcoins price in 2020, 2021 and 2022.

Quantitative Easing effect on Bitcoin and Cryptocurrencies

Bitcoin and other similar cryptocurrencies have a fixed supply. It is on a set schedule and we know when and how much Bitcoin will be released into the supply. In FIAT currencies around the world, we do not know this information. Central banks around the world have been printing money at a faster and faster rate. This devalues money and makes it hard to know the purchasing power of a dollar in the near and far off future.

Interest Rates (Negative Interest Rates) effect on Bitcoin and Cryptocurrencies

Negative interest rates will make Bitcoin more appealing. As negative interest rates and lower interest rates come into existence long term bonds and yields see a steep decline. There will be a huge drive for a hedge against assets that don't have quantitative easing. Bitcoin, Gold, and Silver are among the only assets that can be hedged against negative interest rates and quantitative easing.

Bitcoin Halving 2020, Bitcoin Mining

The amount of Bitcoin being released into the supply is being cut in half. If demand stays the same while the supply of newly created Bitcoins goes down. The price of Bitcoin is going to become more valuable.

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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. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

What is Katalyst by Kyber Network | Protocol Upgrade & New Token Model

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

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.

Katalyst Upgrade KNC

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.

Katalyst Flow

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.

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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. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

Kyber Network Updates 2020 | KNC Token

Kyber Network Updates 2020 | KNC Token

Welcome to this cryptocurrency video review posted by Altcoin Buzz. In this video you learn about Kyber Network KNC and the updates they are currently going through now and later this year.

Kyber Network Updates and Overview

The Kyber Network (KNC) is a decentralized protocol that provides on-chain liquidity. Kyber Network allows for complex transactions using smart contracts that are executed as a chain reaction within a single transaction.

KyberDAO (Kyber Decentralized Autonomous Organization) that facilitates a community of KNC (Kyber Network Crystals) holders. KyberDAO enables all KNC holders to play an active role in the growth of the Kyber Network through voting and making decisions on key parameters of the networks governance.

Recent news from Kyber Network is that the KNC cryptocurrency will be listed on Coinbase Pro and has begun accepting inbound token transfers as of Feb 24 2020.

Kyber Network has over 100 dApp integrations making it the leading liquidity protocol that connects decentralized liquidity for defi. Updates happening to Kyber Network include Waterloo Bridge and Katalyst.

  • Waterloo Bridge - a cross chain value exchange.
  • Katalyst - a protocol for increased liquidity and stake holder participation.

Kyber Katalyst

Kyber Network Operates As Such

There are  'takers', 'makers' and 'maintainers'. Takers take liquidity from the protocol. Makers provide liquidity to the network. Maintainers are parties that have permissions to access the functions. Together these 3 operate and manage the Kyber Network.

11 Key Benefits Of Kyber Network

  1. Instant trade settlement
  2. No partially executed orders
  3. Transparency
  4. Easily integrate-able
  5. Off chain swaps
  6. Fiat and crypto conversion
  7. Non fungible token transactions
  8. Automated portfolio weighting management
  9. Token lending
  10. Trading on margin
  11. Cross chain interoperable
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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. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

How Will The Economic Crisis Affect Bitcoin and Cryptocurrencies

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.

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Will Bitcoin Follow Stocks or Recover Faster COVID-19 Crisis

Will Bitcoin Follow Stocks or Recover Faster COVID-19 Crisis | Chico Crypto

Welcome to this cryptocurrency video posted by Chico Crypto. In this video you will learn about the recent crash in the stock market and cryptocurrency markets. Tyler gives his two cents on whether or not Bitcoin will follow stocks, fall faster then stocks, or rebound and recover faster then the traditional markets.

Bitcoin is not a company it is a currency. Bitcoin is not dependent on a company, owning a bitcoin is not like owning shares, you are not owning a share of Bitcoin, you are holding a currency.

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Lisk Review What’s Up with LSK? | Coin Bureau

Lisk Review What's Up with LSK? | Coin Bureau

Welcome to this cryptocurrency video review posted by Coin Bureau. In this video you learn about Lisk LSK.

The Lisk platform allows developers to build and deploy decentralized applications using  JavaScript. The Lisk SDK allows developers to deploy sidechains to Lisk that are fully customizable.

Lisk uses a Delegated Proof of Stake (dPoS) consensus mechanism. With this consensus algorithm, blocks are generated by delegated nodes. The total number of delegates is fixed at 101.

LSK is the native utility token on the network and acts as fuel for the network. LSK is earned as a reward for block producers which can also be staked. LSK tokens are also used to run dApps on the Lisk platform.

Watch the Lisk review video above to learn more about the Lisk platform.

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Telos Decide | Governance Blockchain 3.0

Telos Decide | Governance Blockchain 3.0

Welcome to this cryptocurrency video posted by HODL EOS. In this video you will learn about Telos (TLOS) and its governance model.

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Australia Making Moves in the Bitcoin & Crypto Space

Australia Making Moves in the Bitcoin & Crypto Space | Altcoin Daily

Welcome to this cryptocurrency video posted by Altcoin Daily. In this video you will learn about Australia's recent moves related to the Bitcoin and Cryptocurrency space. An Australian Judge ruled that Bitcoin can be used as a legitimate investment vehicle that can be used against financial collateral.

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Build a Cryptocurrency Exchange With Loopring

Build a Cryptocurrency Exchange With Loopring | Dapp University

Welcome to this cryptocurrency episode of Dapp University. In this episode Gregory talks about how to create a blockchain cryptocurrency exchange using Loopring.

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Guide to Crypto Loans with Nexo Review | Coin Bureau

Guide to Crypto Loans with Nexo Review | Coin Bureau

Welcome to this cryptocurrency video review posted by Coin Bureau. In this video you learn about Nexo - a subsidiary of a company called Credissimo that is based out of Switzerland. It was first launched in 2007.

Credissimo had an Initial Public Offering (IPO) back in 2014 and in 2017 they launched Nexo. Nexo also had funding phase through a successful ICO in April of 2018 that brought in over $52 million. Since this time Nexo has processed over $700 million in transactions from over 300,000 users. Through Nexo, individuals can get loans in more than 200 countries.

Nexo is currently an ERC-20 token issued on the Etheruem blockchain.

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Living Day to Day with Bitcoin | Cointelegraph

Living Day to Day with Bitcoin | Cointelegraph

Welcome to this blockchain and crypto video by Cointelegraph! In this Cointelegraph video you will learn about Living Day to Day with Bitcoin and if it is possible to use just cryptocurrenyc with no fiat.

Attempting to live on Bitcoin for 14 days in the financial center of the world.

Bitcoin was created to be the anti-establishment currency of the new digital age. But how effective is it really? This video helps to portray the current capabilities of Bitcoin to determine the viability of Bitcoin as a currency by challenging the Cointelegraph journalist to spend nothing but Bitcoin for 14 consecutive days.

The products shown in this video were chosen independently by the journalist and do not reflect any business relationship with Cointelegraph: endorsement, sponsorship, or otherwise.

Cointelegraph does not recommend any of these products and advises viewers to conduct their own research before using these products.

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