@cryptoglobe
46The objective and FUD-free crypto website! We write news articles, we make technical analyses, and we post qualitative op-eds for the community!
steemit.com/@cryptoglobeVOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.99%
Net Worth
1.808USD
STEEM
0.361STEEM
SBD
1.100SBD
Own SP
22.982SP
Detailed Balance
| STEEM | ||
| balance | 0.011STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.350STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 22.982SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 0.000SP | SP |
| Effective Power | 22.982SP | SP |
| Reward SP (pending) | 3.158SP | SP |
| SBD | ||
| sbd_balance | 0.000SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 1.100SBD | SBD |
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"conversions": []
}Account Info
| name | cryptoglobe |
| id | 985383 |
| rank | 71,484 |
| reputation | 215991048193 |
| created | 2018-05-10T11:46:39 |
| recovery_account | steem |
| proxy | None |
| post_count | 181 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2019-07-24T14:12:54 |
| last_root_post | 2019-07-24T14:12:54 |
| last_vote_time | 2019-04-08T10:21:57 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 9,799 |
| delayed_votes | 0 |
| balance | 0.011 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.000 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 37424.276959 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 0.000000 VESTS |
| reward_vesting_balance | 6324.059404 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 2018-10-29T16:04:24 |
| mined | No |
| sbd_seconds | 1,014,048,720 |
| sbd_last_interest_payment | 2019-02-10T16:00:39 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
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}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
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To Date
ph-supportsent 0.001 STEEM to @cryptoglobe2022/08/16 15:37:57
ph-supportsent 0.001 STEEM to @cryptoglobe
2022/08/16 15:37:57
| from | ph-support |
| to | cryptoglobe |
| amount | 0.001 STEEM |
| memo | |
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}cryptoglobeupvoted (100.00%) @frsvp / get-free-ont-tokens-just-by-holding-neo-new-crypto-airdrop2019/07/30 12:52:30
cryptoglobeupvoted (100.00%) @frsvp / get-free-ont-tokens-just-by-holding-neo-new-crypto-airdrop
2019/07/30 12:52:30
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}mrakodrapupvoted (10.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment2019/07/24 17:25:06
mrakodrapupvoted (10.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment
2019/07/24 17:25:06
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}laissez-faireupvoted (100.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment2019/07/24 14:39:03
laissez-faireupvoted (100.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment
2019/07/24 14:39:03
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}fyrstikkenupvoted (1.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment2019/07/24 14:38:57
fyrstikkenupvoted (1.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment
2019/07/24 14:38:57
| voter | fyrstikken |
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}tftprojectupvoted (100.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment2019/07/24 14:28:03
tftprojectupvoted (100.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment
2019/07/24 14:28:03
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}johnvibesupvoted (100.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment2019/07/24 14:28:03
johnvibesupvoted (100.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment
2019/07/24 14:28:03
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}prlpodcastupvoted (100.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment2019/07/24 14:12:57
prlpodcastupvoted (100.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment
2019/07/24 14:12:57
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}dailyliberatorupvoted (100.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment2019/07/24 14:12:57
dailyliberatorupvoted (100.00%) @cryptoglobe / is-brave-s-basic-attention-token-a-good-investment
2019/07/24 14:12:57
| voter | dailyliberator |
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}cryptoglobepublished a new post: is-brave-s-basic-attention-token-a-good-investment2019/07/24 14:12:54
cryptoglobepublished a new post: is-brave-s-basic-attention-token-a-good-investment
2019/07/24 14:12:54
| parent author | |
| parent permlink | bat |
| author | cryptoglobe |
| permlink | is-brave-s-basic-attention-token-a-good-investment |
| title | Is Brave's Basic Attention Token a Good Investment? |
| body | The Brave browser, as you may know, was funded through an initial coin offering (ICO) that ended in seconds, as investors paid hefty ETH fees to get ahead of each other. But is it a good investment? A lot of investors are putting their funds in the cryptocurrency space, but can you make money if you buy the Basic Attention Token (BAT) now? CryptoGlobe reached out to various experts, including senior eToro market analyst Mati Greenspan and others, to figure it out. The token’s economics are pretty straightforward: there’s a total of 1.5 billion tokens, 1 billion of which were sold during the ICO, while 300 million are being used to attract users, and 200 million went to the developers. While some believe that if the Brave browser becomes widely adopted BAT will grow to surpass the market cap of Google, others believe its Brave Ads program will see selling pressure take the tokens down to a new low. Price predictions vary, with some users believing it’ll be at $10 in a few years, and others seeing it close to zero. Read our post to [know what experts, community members, and the charts say.](https://www.cryptoglobe.com/latest/2019/07/basic-attention-token-price-predictions-where-s-brave-s-bat-headed/) |
| json metadata | {"tags":["bat","basicattentiontoken","brave","cryptocurrency","crypto"],"links":["https://www.cryptoglobe.com/latest/2019/07/basic-attention-token-price-predictions-where-s-brave-s-bat-headed/"],"app":"steemit/0.1","format":"markdown"} |
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"title": "Is Brave's Basic Attention Token a Good Investment?",
"body": "The Brave browser, as you may know, was funded through an initial coin offering (ICO) that ended in seconds, as investors paid hefty ETH fees to get ahead of each other. But is it a good investment?\n\nA lot of investors are putting their funds in the cryptocurrency space, but can you make money if you buy the Basic Attention Token (BAT) now? CryptoGlobe reached out to various experts, including senior eToro market analyst Mati Greenspan and others, to figure it out.\n\nThe token’s economics are pretty straightforward: there’s a total of 1.5 billion tokens, 1 billion of which were sold during the ICO, while 300 million are being used to attract users, and 200 million went to the developers.\n\nWhile some believe that if the Brave browser becomes widely adopted BAT will grow to surpass the market cap of Google, others believe its Brave Ads program will see selling pressure take the tokens down to a new low. Price predictions vary, with some users believing it’ll be at $10 in a few years, and others seeing it close to zero.\n\nRead our post to [know what experts, community members, and the charts say.](https://www.cryptoglobe.com/latest/2019/07/basic-attention-token-price-predictions-where-s-brave-s-bat-headed/)",
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}2019/06/11 10:05:06
2019/06/11 10:05:06
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}2019/06/11 10:04:57
2019/06/11 10:04:57
| voter | cryptonauthop |
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}2019/06/11 10:04:45
2019/06/11 10:04:45
| voter | cryptonauthop |
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View Raw JSON Data
{
"trx_id": "5bd098406e0618c9ed8a2623e80df96a9b13dac4",
"block": 33702888,
"trx_in_block": 26,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-06-11T10:04:45",
"op": [
"vote",
{
"voter": "cryptonauthop",
"author": "cryptoglobe",
"permlink": "coinbase-ceo-explains-what-is-needed-for-crypto-to-achieve-mainstream-adoption-1554597240",
"weight": 10000
}
]
}2019/06/11 10:04:45
2019/06/11 10:04:45
| voter | cryptonauthop |
| author | cryptoglobe |
| permlink | zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096 |
| weight | 10000 (100.00%) |
| Transaction Info | Block #33702888/Trx 2003801dc588bb688dcb220df4e0f17ebf9aac59 |
View Raw JSON Data
{
"trx_id": "2003801dc588bb688dcb220df4e0f17ebf9aac59",
"block": 33702888,
"trx_in_block": 25,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-06-11T10:04:45",
"op": [
"vote",
{
"voter": "cryptonauthop",
"author": "cryptoglobe",
"permlink": "zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096",
"weight": 10000
}
]
}2019/05/10 13:36:30
2019/05/10 13:36:30
| parent author | cryptoglobe |
| parent permlink | zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096 |
| author | steemitboard |
| permlink | steemitboard-notify-cryptoglobe-20190510t133629000z |
| title | |
| body | Congratulations @cryptoglobe! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@cryptoglobe/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@cryptoglobe) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=cryptoglobe)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2019-05"><img src="https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png"></a></td><td><a href="https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2019-05">SteemitBoard - Witness Update</a></td></tr></table> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| Transaction Info | Block #32786351/Trx 097b264568879dd462118fba12c00d1c36c326f0 |
View Raw JSON Data
{
"trx_id": "097b264568879dd462118fba12c00d1c36c326f0",
"block": 32786351,
"trx_in_block": 5,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-05-10T13:36:30",
"op": [
"comment",
{
"parent_author": "cryptoglobe",
"parent_permlink": "zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096",
"author": "steemitboard",
"permlink": "steemitboard-notify-cryptoglobe-20190510t133629000z",
"title": "",
"body": "Congratulations @cryptoglobe! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@cryptoglobe/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@cryptoglobe) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=cryptoglobe)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2019-05\"><img src=\"https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2019-05\">SteemitBoard - Witness Update</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
}
]
}merlin7sent 0.001 STEEM to @cryptoglobe- "***Have you heard of magic dice in steem platform,which doubles your STEEM and SBD.I have doubled 2000 STEEM (see my Steem Power as proof)check this link and register to double your STEEM/SBD. https:/..."2019/05/02 06:07:54
merlin7sent 0.001 STEEM to @cryptoglobe- "***Have you heard of magic dice in steem platform,which doubles your STEEM and SBD.I have doubled 2000 STEEM (see my Steem Power as proof)check this link and register to double your STEEM/SBD. https:/..."
2019/05/02 06:07:54
| from | merlin7 |
| to | cryptoglobe |
| amount | 0.001 STEEM |
| memo | ***Have you heard of magic dice in steem platform,which doubles your STEEM and SBD.I have doubled 2000 STEEM (see my Steem Power as proof)check this link and register to double your STEEM/SBD. https://bit.ly/magicdice2 |
| Transaction Info | Block #32547129/Trx 0693965948dd86136020e3286ab138fe777427e3 |
View Raw JSON Data
{
"trx_id": "0693965948dd86136020e3286ab138fe777427e3",
"block": 32547129,
"trx_in_block": 5,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-05-02T06:07:54",
"op": [
"transfer",
{
"from": "merlin7",
"to": "cryptoglobe",
"amount": "0.001 STEEM",
"memo": "***Have you heard of magic dice in steem platform,which doubles your STEEM and SBD.I have doubled 2000 STEEM (see my Steem Power as proof)check this link and register to double your STEEM/SBD. https://bit.ly/magicdice2"
}
]
}merlin7sent 0.001 STEEM to @cryptoglobe- "***Have you heard of magic dice in steem platform,which doubles your STEEM and SBD.I have doubled 2000 STEEM (see my Steem Power as proof)check this link and register to double your STEEM/SBD. https..."2019/05/02 05:00:39
merlin7sent 0.001 STEEM to @cryptoglobe- "***Have you heard of magic dice in steem platform,which doubles your STEEM and SBD.I have doubled 2000 STEEM (see my Steem Power as proof)check this link and register to double your STEEM/SBD. https..."
2019/05/02 05:00:39
| from | merlin7 |
| to | cryptoglobe |
| amount | 0.001 STEEM |
| memo | ***Have you heard of magic dice in steem platform,which doubles your STEEM and SBD.I have doubled 2000 STEEM (see my Steem Power as proof)check this link and register to double your STEEM/SBD. https://bit.ly/magicdice2 |
| Transaction Info | Block #32545784/Trx 907612f993b2763c599c1cca0cdc14874b2b30d8 |
View Raw JSON Data
{
"trx_id": "907612f993b2763c599c1cca0cdc14874b2b30d8",
"block": 32545784,
"trx_in_block": 17,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-05-02T05:00:39",
"op": [
"transfer",
{
"from": "merlin7",
"to": "cryptoglobe",
"amount": "0.001 STEEM",
"memo": "***Have you heard of magic dice in steem platform,which doubles your STEEM and SBD.I have doubled 2000 STEEM (see my Steem Power as proof)check this link and register to double your STEEM/SBD. https://bit.ly/magicdice2"
}
]
}cryptoglobereceived 0.010 SBD, 0.029 SP author reward for @cryptoglobe / zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-15546900962019/04/15 10:21:54
cryptoglobereceived 0.010 SBD, 0.029 SP author reward for @cryptoglobe / zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096
2019/04/15 10:21:54
| author | cryptoglobe |
| permlink | zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096 |
| sbd payout | 0.010 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 47.955325 VESTS |
| Transaction Info | Block #32062864/Virtual Operation #4 |
View Raw JSON Data
{
"trx_id": "0000000000000000000000000000000000000000",
"block": 32062864,
"trx_in_block": 4294967295,
"op_in_trx": 0,
"virtual_op": 4,
"timestamp": "2019-04-15T10:21:54",
"op": [
"author_reward",
{
"author": "cryptoglobe",
"permlink": "zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096",
"sbd_payout": "0.010 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "47.955325 VESTS"
}
]
}cryptoglobereceived 0.013 SBD, 0.039 SP author reward for @cryptoglobe / coinbase-ceo-explains-what-is-needed-for-crypto-to-achieve-mainstream-adoption-15545972402019/04/14 09:34:09
cryptoglobereceived 0.013 SBD, 0.039 SP author reward for @cryptoglobe / coinbase-ceo-explains-what-is-needed-for-crypto-to-achieve-mainstream-adoption-1554597240
2019/04/14 09:34:09
| author | cryptoglobe |
| permlink | coinbase-ceo-explains-what-is-needed-for-crypto-to-achieve-mainstream-adoption-1554597240 |
| sbd payout | 0.013 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 63.944244 VESTS |
| Transaction Info | Block #32033133/Virtual Operation #9 |
View Raw JSON Data
{
"trx_id": "0000000000000000000000000000000000000000",
"block": 32033133,
"trx_in_block": 4294967295,
"op_in_trx": 0,
"virtual_op": 9,
"timestamp": "2019-04-14T09:34:09",
"op": [
"author_reward",
{
"author": "cryptoglobe",
"permlink": "coinbase-ceo-explains-what-is-needed-for-crypto-to-achieve-mainstream-adoption-1554597240",
"sbd_payout": "0.013 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "63.944244 VESTS"
}
]
}cryptoglobereceived 0.011 SBD, 0.033 SP author reward for @cryptoglobe / trons-ecosystem-has-surpassed-23-million-accounts-246-decentralized-applications-15545971442019/04/14 01:32:27
cryptoglobereceived 0.011 SBD, 0.033 SP author reward for @cryptoglobe / trons-ecosystem-has-surpassed-23-million-accounts-246-decentralized-applications-1554597144
2019/04/14 01:32:27
| author | cryptoglobe |
| permlink | trons-ecosystem-has-surpassed-23-million-accounts-246-decentralized-applications-1554597144 |
| sbd payout | 0.011 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 53.953998 VESTS |
| Transaction Info | Block #32023505/Virtual Operation #135 |
View Raw JSON Data
{
"trx_id": "0000000000000000000000000000000000000000",
"block": 32023505,
"trx_in_block": 4294967295,
"op_in_trx": 0,
"virtual_op": 135,
"timestamp": "2019-04-14T01:32:27",
"op": [
"author_reward",
{
"author": "cryptoglobe",
"permlink": "trons-ecosystem-has-surpassed-23-million-accounts-246-decentralized-applications-1554597144",
"sbd_payout": "0.011 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "53.953998 VESTS"
}
]
}cryptoglobereceived 0.012 SBD, 0.033 SP author reward for @cryptoglobe / nash-co-founder-fabio-canesin-on-the-future-of-decentralized-exchanges-15544249222019/04/12 01:42:21
cryptoglobereceived 0.012 SBD, 0.033 SP author reward for @cryptoglobe / nash-co-founder-fabio-canesin-on-the-future-of-decentralized-exchanges-1554424922
2019/04/12 01:42:21
| author | cryptoglobe |
| permlink | nash-co-founder-fabio-canesin-on-the-future-of-decentralized-exchanges-1554424922 |
| sbd payout | 0.012 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 53.960048 VESTS |
| Transaction Info | Block #31967348/Virtual Operation #4 |
View Raw JSON Data
{
"trx_id": "0000000000000000000000000000000000000000",
"block": 31967348,
"trx_in_block": 4294967295,
"op_in_trx": 0,
"virtual_op": 4,
"timestamp": "2019-04-12T01:42:21",
"op": [
"author_reward",
{
"author": "cryptoglobe",
"permlink": "nash-co-founder-fabio-canesin-on-the-future-of-decentralized-exchanges-1554424922",
"sbd_payout": "0.012 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "53.960048 VESTS"
}
]
}cryptoglobereceived 0.013 SBD, 0.033 SP author reward for @cryptoglobe / how-to-start-earning-now-using-proof-of-stake-cryptocurrencies-from-smartphones-15543374132019/04/11 09:23:39
cryptoglobereceived 0.013 SBD, 0.033 SP author reward for @cryptoglobe / how-to-start-earning-now-using-proof-of-stake-cryptocurrencies-from-smartphones-1554337413
2019/04/11 09:23:39
| author | cryptoglobe |
| permlink | how-to-start-earning-now-using-proof-of-stake-cryptocurrencies-from-smartphones-1554337413 |
| sbd payout | 0.013 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 53.962148 VESTS |
| Transaction Info | Block #31947787/Virtual Operation #4 |
View Raw JSON Data
{
"trx_id": "0000000000000000000000000000000000000000",
"block": 31947787,
"trx_in_block": 4294967295,
"op_in_trx": 0,
"virtual_op": 4,
"timestamp": "2019-04-11T09:23:39",
"op": [
"author_reward",
{
"author": "cryptoglobe",
"permlink": "how-to-start-earning-now-using-proof-of-stake-cryptocurrencies-from-smartphones-1554337413",
"sbd_payout": "0.013 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "53.962148 VESTS"
}
]
}cryptoglobereceived 0.013 SBD, 0.033 SP author reward for @cryptoglobe / brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version-15543366762019/04/11 01:11:36
cryptoglobereceived 0.013 SBD, 0.033 SP author reward for @cryptoglobe / brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version-1554336676
2019/04/11 01:11:36
| author | cryptoglobe |
| permlink | brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version-1554336676 |
| sbd payout | 0.013 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 53.963202 VESTS |
| Transaction Info | Block #31937952/Virtual Operation #4 |
View Raw JSON Data
{
"trx_id": "0000000000000000000000000000000000000000",
"block": 31937952,
"trx_in_block": 4294967295,
"op_in_trx": 0,
"virtual_op": 4,
"timestamp": "2019-04-11T01:11:36",
"op": [
"author_reward",
{
"author": "cryptoglobe",
"permlink": "brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version-1554336676",
"sbd_payout": "0.013 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "53.963202 VESTS"
}
]
}cryptoglobereceived 0.013 SBD, 0.033 SP author reward for @cryptoglobe / inconsistencies-in-dapp-data-reflects-immature-state-of-decentralized-networks-15542470802019/04/10 11:18:15
cryptoglobereceived 0.013 SBD, 0.033 SP author reward for @cryptoglobe / inconsistencies-in-dapp-data-reflects-immature-state-of-decentralized-networks-1554247080
2019/04/10 11:18:15
| author | cryptoglobe |
| permlink | inconsistencies-in-dapp-data-reflects-immature-state-of-decentralized-networks-1554247080 |
| sbd payout | 0.013 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 53.964985 VESTS |
| Transaction Info | Block #31921299/Virtual Operation #4 |
View Raw JSON Data
{
"trx_id": "0000000000000000000000000000000000000000",
"block": 31921299,
"trx_in_block": 4294967295,
"op_in_trx": 0,
"virtual_op": 4,
"timestamp": "2019-04-10T11:18:15",
"op": [
"author_reward",
{
"author": "cryptoglobe",
"permlink": "inconsistencies-in-dapp-data-reflects-immature-state-of-decentralized-networks-1554247080",
"sbd_payout": "0.013 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "53.964985 VESTS"
}
]
}cryptoglobereceived 0.013 SBD, 0.033 SP author reward for @cryptoglobe / tone-vays-privacy-should-be-a-default-feature-of-bitcoin-15542464202019/04/10 00:07:12
cryptoglobereceived 0.013 SBD, 0.033 SP author reward for @cryptoglobe / tone-vays-privacy-should-be-a-default-feature-of-bitcoin-1554246420
2019/04/10 00:07:12
| author | cryptoglobe |
| permlink | tone-vays-privacy-should-be-a-default-feature-of-bitcoin-1554246420 |
| sbd payout | 0.013 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 53.966421 VESTS |
| Transaction Info | Block #31907890/Virtual Operation #4 |
View Raw JSON Data
{
"trx_id": "0000000000000000000000000000000000000000",
"block": 31907890,
"trx_in_block": 4294967295,
"op_in_trx": 0,
"virtual_op": 4,
"timestamp": "2019-04-10T00:07:12",
"op": [
"author_reward",
{
"author": "cryptoglobe",
"permlink": "tone-vays-privacy-should-be-a-default-feature-of-bitcoin-1554246420",
"sbd_payout": "0.013 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "53.966421 VESTS"
}
]
}cryptoglobereceived 0.013 SBD, 0.034 SP author reward for @cryptoglobe / yahoo-finance-drops-interview-with-cardanos-founder-in-lieu-of-lyft-ipo-coverage-15541426382019/04/08 19:17:27
cryptoglobereceived 0.013 SBD, 0.034 SP author reward for @cryptoglobe / yahoo-finance-drops-interview-with-cardanos-founder-in-lieu-of-lyft-ipo-coverage-1554142638
2019/04/08 19:17:27
| author | cryptoglobe |
| permlink | yahoo-finance-drops-interview-with-cardanos-founder-in-lieu-of-lyft-ipo-coverage-1554142638 |
| sbd payout | 0.013 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 55.969012 VESTS |
| Transaction Info | Block #31873310/Virtual Operation #5 |
View Raw JSON Data
{
"trx_id": "0000000000000000000000000000000000000000",
"block": 31873310,
"trx_in_block": 4294967295,
"op_in_trx": 0,
"virtual_op": 5,
"timestamp": "2019-04-08T19:17:27",
"op": [
"author_reward",
{
"author": "cryptoglobe",
"permlink": "yahoo-finance-drops-interview-with-cardanos-founder-in-lieu-of-lyft-ipo-coverage-1554142638",
"sbd_payout": "0.013 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "55.969012 VESTS"
}
]
}2019/04/08 10:37:03
2019/04/08 10:37:03
| voter | tftproject |
| author | cryptoglobe |
| permlink | zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096 |
| weight | 10000 (100.00%) |
| Transaction Info | Block #31862909/Trx 3d8799649bf29b86410561664914a5980c7785be |
View Raw JSON Data
{
"trx_id": "3d8799649bf29b86410561664914a5980c7785be",
"block": 31862909,
"trx_in_block": 7,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-04-08T10:37:03",
"op": [
"vote",
{
"voter": "tftproject",
"author": "cryptoglobe",
"permlink": "zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096",
"weight": 10000
}
]
}2019/04/08 10:37:03
2019/04/08 10:37:03
| voter | johnvibes |
| author | cryptoglobe |
| permlink | zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096 |
| weight | 10000 (100.00%) |
| Transaction Info | Block #31862909/Trx 49a76a6f061a10d700fcba25d3c4a5d2497fcb67 |
View Raw JSON Data
{
"trx_id": "49a76a6f061a10d700fcba25d3c4a5d2497fcb67",
"block": 31862909,
"trx_in_block": 5,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-04-08T10:37:03",
"op": [
"vote",
{
"voter": "johnvibes",
"author": "cryptoglobe",
"permlink": "zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096",
"weight": 10000
}
]
}2019/04/08 10:22:36
2019/04/08 10:22:36
| voter | steeming-hot |
| author | cryptoglobe |
| permlink | zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096 |
| weight | 10 (0.10%) |
| Transaction Info | Block #31862620/Trx 20534c93d630501ab0e289896e2be976b2c29f17 |
View Raw JSON Data
{
"trx_id": "20534c93d630501ab0e289896e2be976b2c29f17",
"block": 31862620,
"trx_in_block": 9,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-04-08T10:22:36",
"op": [
"vote",
{
"voter": "steeming-hot",
"author": "cryptoglobe",
"permlink": "zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096",
"weight": 10
}
]
}2019/04/08 10:21:57
2019/04/08 10:21:57
| voter | prlpodcast |
| author | cryptoglobe |
| permlink | zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096 |
| weight | 10000 (100.00%) |
| Transaction Info | Block #31862607/Trx ebd79c9cd2cf6c1618a26486eda5791115602e68 |
View Raw JSON Data
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| parent author | |
| parent permlink | news |
| author | cryptoglobe |
| permlink | zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096 |
| title | Zebpay CEO Ajeet Khurana: “In The Long-Term, We Might Have No More Than A Dozen Exchanges” |
| body | <p><img src="https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/a8/3c/a83c6699-d239-477b-adc7-c58c4afa715b/zebpay_card_2.png__800x400_q85_crop_subsampling-2_upscale.png" width="800" height="400"/></p> <p> In the second part of our interview with Zebpay CEO Ajeet Khurana, we discuss the Indian crypto market, exchanges and customer surveillance.</p> <h2>“We Don’t Mind Stringent, Even Draconian Compliance”</h2> <p>When asked about where Zebpay’s operations are based (geographically), Khurana revealed that as far as the exchange’s long-term operations are concerned, “we are heading towards a highly compliant space, as opposed to finding a territory where you can dodge compliance. And, we do not mind stringent, even draconian compliance, but we want to clarity as in we’re saying don’t make it easy for me. Just tell me what you want. And, that is too much to ask for, for most regulators around the world at present. Having said that, you should know that Zebpay is not the name of any company. It’s a brand name.”He further noted: “There’s no company called ‘Coke.’ It might be, you know, ‘Mexico Beverages Private, Ltd’ in Mexico and something else somewhere else. So, the company that ran the exchange under the brand name, Zebpay has not moved anywhere. That’s not the company that moved. We have a parent company that’s a holding company in Singapore, which has granted a license to a company in India to run the exchange. Now, that same company has set up a subsidiary in Malta. So, it’s an oversimplification to say that Zebpay moved from India to Malta. That’s not the case. That Zebpay which was in India, is still very much in India. I used to be the CEO of that, but I no longer am. I am now CEO of the global holding company.”Going on to acknowledge: “I know this sounds too technical, but in regulation terms, this is very important because you can’t just move a company from one territory to another. As far as the logic of the entire thing, while we do think we are victims of … unclear [regulations,] but at the same time, if I were to try to be completely fair, I can see why regulators would have such a tough time trying to regulate this. So, the very first question is that, does [something x] need to be regulated? Then, by who and under what category? Right there, [that’s] what’s [confusing] people...Countries where these questions have been answered such as US, Switzerland, Malta … probably Singapore to some extent. [So,] now we can move forward to [address other questions] like what are [exactly] the regulations? But most countries in the world never made up their minds about the [most basic] regulatory [questions.]”Elaborating further on the lack of regulatory clarity: “What tends to happen is that a lot of these countries will not even ban Bitcoin but if they did, that would be there first act of regulation. What happened in India, unlike what I read in global media, there had been no government action which had adversely affected the [local] crypto industry. But one fine day, the central bank announced in [early] April that they will not allow their licensed entities to support this business. Now, in India, that means everything is gone. Banks, payment gateways, digital <a href="https://www.cryptocompare.com/wallets/">wallets</a>, credit cards, debit cards, everything. Paypal is also regulated by that in India. So, any payment processing method, any really, we wrecked our brains. So now, basically what do you do?”</p> <h2>Crypto-To-Crypto Market “Did Not Take Off In India”</h2> <p>Sharing with CryptoGlobe that the crypto-to-crypto market did not take off in India, Khurana said: “You have a crypto-to-crypto market, right? So, we experimented with that, but that really did not take off in India. And some people tried to [launch] a <a href="https://localbitcoins.com/">LocalBitcoins</a> equivalent in India. Given the money laundering concerns, we were not very happy. Although we were the market leader, usually having two-thirds or three-fourths of the volume in India. We said that our customers will land into a lot of trouble - even if one thing went wrong in the peer-to-peer (P2P) model so we refused to do that.”Going on to reveal what other exchanges did at the time of the RBI ban, Khurana stated: “I think most other exchanges went into versions like LocalBitcoins, or otherwise. And while we were happy working with regulators, talking advocacy, choosing law firms, fighting cases even as far as the Supreme Court...we did not want to put our customers into a situation that they would now have to do that.”He added: “And we felt that if we come up with ethically suspicious method of fiat to crypto, it would not be right for our customers. So imagine a company or brand that has operated in only one territory, has been eminently successful … has only one source of revenue and nothing else on the pipeline decides to shut that and how difficult that would be. And, our customers hated us for that. Naturally, they would, right? And, I would too. While my board congratulated me for being the most courageous CEOs around for having made that decision, it didn’t feel good at all - as it was one of the worst decisions I’ve had to make.”</p> <h2>Zebpay’s Current Situation, After RBI’s Ban</h2> <p>Elaborating on Zebpay’s current situation, having gone through the long months of regulatory uncertainty and the reserve bank of India’s (RBI) (and Supreme Court imposed) <a href="https://www.cryptoglobe.com/latest/2018/07/indias-supreme-court-moves-forward-with-cryptocurrency-ban-banking-services-denied-to-crypto-companies/">ban on cryptocurrencies</a>, Khurana revealed that “regulations have, on the whole, been moving in a more friendly direction” in India.He added: “As far as India is concerned, the actual order that challenges the central bankers does not impact regulations because there aren’t any now seems like it might close soon. And we will then know what came out of it because if the Supreme Court says okay [there’s] no banking support...in fact, the Supreme Court has also said that, you know the industry is effectively killed. But, the Supreme Court says that the government has to decide on the legality or illegality.”He further noted: “India would not want to be one of those territories … like if you were to make a list, draw out a world map of places which are red and green … and green being okay you can do it in one form or the other and red being not …. India would probably see it self economically in the green group.”</p> <h2>How Zebpay CEO Got Into Crypto</h2> <p>Responding to a question about how he got into crypto, Khurana told CryptoGlobe: “First of all, I’ve been an entrepreneur all my life. I’m approximately 49 years old. I will be that in 10 days exactly. And the [total amount of time I’ve been an employee] is now a little under three years. So I’ve been a serial entrepreneur, investor, and a full-time angel investor for four years. So, I’ve always been in spaces which are new and innovative.”He further stated: “In addition, I have always been looking for investment opportunities that are not [so typical] … going way back into my early 20s, it would be like trying to see if I could invest into comic books, stamps, coins, wines, art - instead of the usual mutual funds … I keep looking for opportunities. Recently, I found a way to invest into <a href="https://www.spacex.com/">SpaceX</a> … and in HackerNoon and in Google. So, I’ve always looked for newer places of economic activity and in 2014-15, for the first time I saw this thing called Bitcoin .... very, very late into the game although today it seems like I was very early and I saw it and I thought what is it, so I guess it’s some form of money. And, I said okay so whatever you can find out in just one minute after [being introduced to] Bitcoin sounds ridiculous. As someone [looking in] from the conventional finance world, its money that nobody issues, no government recognizes it, but we just say it’s money”</p> <h2>Concept Of Bitcoin Sounded “Very Bizarre” At First</h2> <p>He added: “It sounded very bizarre, so I brushed it aside. But because I am an investor who’s always [looking for] innovative economic models, [Bitcoin] would keep attracting me again and again - as it was something you know, it exists today … it won’t exist tomorrow. But Bitcoin refused to vaporize, so around [2015], I started doing the <a href="https://www.coursera.org/learn/cryptocurrency">Coursera course</a> [on Bitcoin and cryptocurrencies.] I started studying and I did about 500 hours of studies over two calendar years.”He further noted: “And, around September 2016, I said it’s time to put in a little money. So, I put in 1000 [Indian] Rupees, which is something like less than $15. And I said [to myself,] I am going to try and sell it and try to get my money back and see if that actually happens. And it happened. And though I did it over a 24-hour period, the price of Bitcoin (BTC) had moved 7% in my favor. [At that point,] the greed factor kicks in.”Going on to share how began to substantially invest in Bitcoin, Khurana said: “[After that,] in a couple of months, I had invested a lot of money into Bitcoin all the way up to April 2017. [At that] point, the Bitcoin <a href="https://www.cryptoglobe.com/prices/">price</a> surged to such a high [level] … almost $1100 … and then I thought there’s no way I can buy it at such a high [price.] And after that, although I’ve purchased it twice, those were smaller amounts and my average purchase price has [remained] under $1,000. But now that I was committed to it, I started studying it more, [in order] to understand the technology behind it.”While sharing his academic background with CryptoGlobe and how it indirectly motivated him to do what he’s doing now, Khurana noted: “My undergraduate degree is in Computer Engineering and I’ve always been attracted to very scalable, innovative, technological solutions. I’ve always been [that] guy who first had email, first had internet access, [first had] the Amazon Web Services (AWS) account for cloud computing, first one to have a mobile device … so being an early adopter by nature, I started getting calls to media interviews and people saying what’s this Bitcoin thing anyway? [And,] I was getting beaten up in TV studios by people telling me I was really stupid.”He continued: “That’s when one of the founders of Zebpay, who I’d known as a founder of a previous company, came to me and said that they want to organize the industry and find the CEO of an industry body … and he came to me for advice. And, frankly in my heart I was thinking, I’m not the best person for it, but it somehow was not [the way he saw it.] So, he went about it, they hired one person...then, later they said, why don’t you do it...you know, sending all the subliminal messages.”</p> <h2>How Zebpay CEO Joined the Blockchain And Cryptocurrency Committee Of India</h2> <p>Explaining how he joined one of India’s leading Blockchain associations, Khurana remarked: “So, in January 2017, I joined as head of the BACC, which is the Blockchain and Cryptocurrency Committee. [As the leader of this] organization, I started talking to the [representatives] of the government and they were also very keen to talk to us. And, they were glad there’s one person they can talk to, as opposed to anybody who claims to represent the industry. Shortly thereafter, because I would refuse to work for the association office...I would want to work from the industry players office.”</p> <p>He added; “[Because of this type of situation,] I would invariably find myself in the Zebpay office, because they weren’t the largest, [but] they were the most influential. They were always the ones doing the best things first. So, it was natural. They said you know forget the association, why don’t you just join us as CEO. So, in March 2017, I joined them as CEO. Just imagine, on March 13th, I joined them as CEO and on April 5th, we received the <a href="https://economictimes.indiatimes.com/news/economy/policy/bitcoin-investors-watch-out-for-rbis-july-5-deadline/articleshow/64840136.cms?from=mdr">circular from the RBI</a> saying ‘you can’t do this anymore.’”</p> <h2>“The Most Exciting Industry Got More Interesting”</h2> <p>Reflecting back on this experience, Khurana said: “And at that point, the industry that was the most exciting industry got even more exciting.”</p> <p>When questioned about what’s next on the roadmap for Zebpay, Khurana stated: “Barring artificial hurdles that a company might face, where it says you need to only be a company in this country to serve this country … or barring certain niche models such as only listing tokens of a certain type … I do not see the need for so many exchanges in the world. As in you could differentiate them as in crypto-to-crypto and crypto-to-fiat. You could differentiate them as compliant and not compliant.”</p> <h2>In The Long-Term, We Might Have No More Than A Dozen Exchanges</h2> <p>He further noted: “[However,] there’s really not too much of a distinction. And, it fundamentally arises from the fact that the end product you buy from them is absolutely identical. So if you purchase Bitcoin from exchange A versus exchange B … you get the exact same Bitcoin. You can’t say I got a higher quality one or a more genuine one. In light of that, I see in the open market … not more than a dozen … probably as few as five, but not more than a dozen and I am committed to be one of them.”</p> <p>He continued: “Now, whether this comes by standing on our own feet or getting into partnerships, mergers, acquisitions, which I think are the short-term future of our entire industry - as it becomes obvious to players who otherwise … have been fairly independent. So, that’s one of the trends that comes up. I wish the <a href="https://www.cryptocompare.com/exchanges/guides/what-is-a-decentralized-exchange/">decentralized exchange</a> (DEX) trend comes up sooner. But I see that as taking some time. It matches so well with the fundamental philosophy of the space that it should come sooner than later.”</p> <p>He added: “But I [currently] can’t see light at the end of tunnel. I know that the tunnel will end somewhere, but I can’t see light at the end of the tunnel. And, when that happens, we would look at some play there. Technologically, we find ourselves very strong. My next 12-month target tends to actually carry the fundamental values of that day which we have always managed to convince people of … such as [our services] being easy-to-use, establishing trust, being one of the first to introduce [more advanced] technological features. For example, batching of transactions, which became the de facto standard before it was heard of … Zebpay was the first exchanges in the world to use that.”</p> <h2>One Of The First Exchanges To Add Lightning Network</h2> <p>Sharing with CryptoGlobe how Zebpay was one of the first crypto trading platforms to start integrating Lightning Network, Khurana noted: “Our developments in <a href="https://www.cryptocompare.com/coins/guides/what-is-the-lightning-network/">Lightning Network</a> (LN) … I think soon we will be recognized as the largest node in March 2019. We also want to be the first [exchange] that allows withdrawal to the LN. I see ourselves as being the most transparent in proof of reserve … a concept where you don’t want to be a QuadrigaCX where you discover that you never had [the funds you thought you did] in the first place.”He went on to state: “If I were a regulator, these are the things I would focus on. I would say, you don’t get to touch the coins of the customers. And if you do, you need to constantly prove that you have it. And, technologically prove it, not just with auditors’ certificates. So, I think this is inevitable. Regulation is at this point focusing on not necessarily the most important parts of our industry. Given that we have custodial arrangement, trusteeship arrangement.”</p> <p>He added: “There are so many similar good parts of the economy … I don’t see why they should not be imported here … at least in some form like proof of reserve, [it should be there to some extent,] like as it is in the stock market. But it will be as robust and probably more bearable because it uses a part of the algorithm or the underlying protocol to establish yourself. So, I see these facts which were known to a very small percentage of the people in the world … getting known to a large number of people. And, when that happens, people would trust us more, use our [services] more, and transact with us. So, that would be my 12-month target for Zebpay.”</p> <h2>Khurana On Customer Surveillance Technology</h2> <p>When asked about customer surveillance technology that leading American crypto exchange, Coinbase intended to use with their <a href="https://www.cryptoglobe.com/latest/2019/02/coinbase-acquires-analytics-firm-with-murky-past/">acquisition of controversial intelligence and analytics firm, Neutrino</a>, Khurana stated: “I think they’re useful and they have their place. And, there are two reasons for that. On the one hand, if you were to say look at how banks do transaction monitoring. I’m sure that bad actors will invariably participate in any economic marketplace.”</p> <p>He further noted: “Now, as one of the facilitators of this marketplace, to be told that you have to do your due diligence, I think is reasonable. [That’s] because it’s not just that it will make the regulator more comfortable towards you. I think it also protects your customers. So let’s say if money (Bitcoin) came from an unsafe resource and my customers buy it, and you know on the [block explorers] you can see that money went from the wrong place. At that point, my customers could ask me why you did not do anything about it.”He added: “I think that transaction monitoring has its place, [however] I do not know enough about what happened with Coinbase. And, I must say I’ve read all the news. But when I read news about Zebpay … I don’t completely agree with it. So, sometimes I used to wonder if one takes everything at face value … everything that’s written. I think it also had to do with the type of company they associated with and what those people had done in the past. </p> <p>Coinbase customers were not [feeling] comfortable with that - as opposed to what they were promising … because if that were dodgy, then Coinbase itself would not have done that.He continued: “So, if one goes back to … what is it that your customer thinks about you … and can you fulfill it? So, for example, maybe some of the largest [crypto] exchanges in the world as listed on CoinMarketCap do not even [perform] know-your-customer (KYC) checks. And, they’re operating from a territory that seems to be okay with that, I assume. Now, we can’t bear to do this and we want the kind of customer who sees KYC as a good thing...even for them, right? But I am sure there are all kinds of customers. So Coinbase has to be careful about what kind of customers it has...and to fulfill that expectation as well as everyone of us including Zebpay.” </p> |
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"permlink": "zebpay-ceo-ajeet-khurana-in-the-long-term-we-might-have-no-more-than-a-dozen-exchanges-1554690096",
"title": "Zebpay CEO Ajeet Khurana: “In The Long-Term, We Might Have No More Than A Dozen Exchanges”",
"body": "<p><img src=\"https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/a8/3c/a83c6699-d239-477b-adc7-c58c4afa715b/zebpay_card_2.png__800x400_q85_crop_subsampling-2_upscale.png\" width=\"800\" height=\"400\"/></p>\n<p> In the second part of our interview with Zebpay CEO Ajeet Khurana, we discuss the Indian crypto market, exchanges and customer surveillance.</p>\n<h2>“We Don’t Mind Stringent, Even Draconian Compliance”</h2>\n<p>When asked about where Zebpay’s operations are based (geographically), Khurana revealed that as far as the exchange’s long-term operations are concerned, “we are heading towards a highly compliant space, as opposed to finding a territory where you can dodge compliance. And, we do not mind stringent, even draconian compliance, but we want to clarity as in we’re saying don’t make it easy for me. Just tell me what you want. And, that is too much to ask for, for most regulators around the world at present. Having said that, you should know that Zebpay is not the name of any company. It’s a brand name.”He further noted: “There’s no company called ‘Coke.’ It might be, you know, ‘Mexico Beverages Private, Ltd’ in Mexico and something else somewhere else. So, the company that ran the exchange under the brand name, Zebpay has not moved anywhere. That’s not the company that moved. We have a parent company that’s a holding company in Singapore, which has granted a license to a company in India to run the exchange. Now, that same company has set up a subsidiary in Malta. So, it’s an oversimplification to say that Zebpay moved from India to Malta. That’s not the case. That Zebpay which was in India, is still very much in India. I used to be the CEO of that, but I no longer am. I am now CEO of the global holding company.”Going on to acknowledge: “I know this sounds too technical, but in regulation terms, this is very important because you can’t just move a company from one territory to another. As far as the logic of the entire thing, while we do think we are victims of … unclear [regulations,] but at the same time, if I were to try to be completely fair, I can see why regulators would have such a tough time trying to regulate this. So, the very first question is that, does [something x] need to be regulated? Then, by who and under what category? Right there, [that’s] what’s [confusing] people...Countries where these questions have been answered such as US, Switzerland, Malta … probably Singapore to some extent. [So,] now we can move forward to [address other questions] like what are [exactly] the regulations? But most countries in the world never made up their minds about the [most basic] regulatory [questions.]”Elaborating further on the lack of regulatory clarity: “What tends to happen is that a lot of these countries will not even ban Bitcoin but if they did, that would be there first act of regulation. What happened in India, unlike what I read in global media, there had been no government action which had adversely affected the [local] crypto industry. But one fine day, the central bank announced in [early] April that they will not allow their licensed entities to support this business. Now, in India, that means everything is gone. Banks, payment gateways, digital <a href=\"https://www.cryptocompare.com/wallets/\">wallets</a>, credit cards, debit cards, everything. Paypal is also regulated by that in India. So, any payment processing method, any really, we wrecked our brains. So now, basically what do you do?”</p>\n<h2>Crypto-To-Crypto Market “Did Not Take Off In India”</h2>\n<p>Sharing with CryptoGlobe that the crypto-to-crypto market did not take off in India, Khurana said: “You have a crypto-to-crypto market, right? So, we experimented with that, but that really did not take off in India. And some people tried to [launch] a <a href=\"https://localbitcoins.com/\">LocalBitcoins</a> equivalent in India. Given the money laundering concerns, we were not very happy. Although we were the market leader, usually having two-thirds or three-fourths of the volume in India. We said that our customers will land into a lot of trouble - even if one thing went wrong in the peer-to-peer (P2P) model so we refused to do that.”Going on to reveal what other exchanges did at the time of the RBI ban, Khurana stated: “I think most other exchanges went into versions like LocalBitcoins, or otherwise. And while we were happy working with regulators, talking advocacy, choosing law firms, fighting cases even as far as the Supreme Court...we did not want to put our customers into a situation that they would now have to do that.”He added: “And we felt that if we come up with ethically suspicious method of fiat to crypto, it would not be right for our customers. So imagine a company or brand that has operated in only one territory, has been eminently successful … has only one source of revenue and nothing else on the pipeline decides to shut that and how difficult that would be. And, our customers hated us for that. Naturally, they would, right? And, I would too. While my board congratulated me for being the most courageous CEOs around for having made that decision, it didn’t feel good at all - as it was one of the worst decisions I’ve had to make.”</p>\n<h2>Zebpay’s Current Situation, After RBI’s Ban</h2>\n<p>Elaborating on Zebpay’s current situation, having gone through the long months of regulatory uncertainty and the reserve bank of India’s (RBI) (and Supreme Court imposed) <a href=\"https://www.cryptoglobe.com/latest/2018/07/indias-supreme-court-moves-forward-with-cryptocurrency-ban-banking-services-denied-to-crypto-companies/\">ban on cryptocurrencies</a>, Khurana revealed that “regulations have, on the whole, been moving in a more friendly direction” in India.He added: “As far as India is concerned, the actual order that challenges the central bankers does not impact regulations because there aren’t any now seems like it might close soon. And we will then know what came out of it because if the Supreme Court says okay [there’s] no banking support...in fact, the Supreme Court has also said that, you know the industry is effectively killed. But, the Supreme Court says that the government has to decide on the legality or illegality.”He further noted: “India would not want to be one of those territories … like if you were to make a list, draw out a world map of places which are red and green … and green being okay you can do it in one form or the other and red being not …. India would probably see it self economically in the green group.”</p>\n<h2>How Zebpay CEO Got Into Crypto</h2>\n<p>Responding to a question about how he got into crypto, Khurana told CryptoGlobe: “First of all, I’ve been an entrepreneur all my life. I’m approximately 49 years old. I will be that in 10 days exactly. And the [total amount of time I’ve been an employee] is now a little under three years. So I’ve been a serial entrepreneur, investor, and a full-time angel investor for four years. So, I’ve always been in spaces which are new and innovative.”He further stated: “In addition, I have always been looking for investment opportunities that are not [so typical] … going way back into my early 20s, it would be like trying to see if I could invest into comic books, stamps, coins, wines, art - instead of the usual mutual funds … I keep looking for opportunities. Recently, I found a way to invest into <a href=\"https://www.spacex.com/\">SpaceX</a> … and in HackerNoon and in Google. So, I’ve always looked for newer places of economic activity and in 2014-15, for the first time I saw this thing called Bitcoin .... very, very late into the game although today it seems like I was very early and I saw it and I thought what is it, so I guess it’s some form of money. And, I said okay so whatever you can find out in just one minute after [being introduced to] Bitcoin sounds ridiculous. As someone [looking in] from the conventional finance world, its money that nobody issues, no government recognizes it, but we just say it’s money”</p>\n<h2>Concept Of Bitcoin Sounded “Very Bizarre” At First</h2>\n<p>He added: “It sounded very bizarre, so I brushed it aside. But because I am an investor who’s always [looking for] innovative economic models, [Bitcoin] would keep attracting me again and again - as it was something you know, it exists today … it won’t exist tomorrow. But Bitcoin refused to vaporize, so around [2015], I started doing the <a href=\"https://www.coursera.org/learn/cryptocurrency\">Coursera course</a> [on Bitcoin and cryptocurrencies.] I started studying and I did about 500 hours of studies over two calendar years.”He further noted: “And, around September 2016, I said it’s time to put in a little money. So, I put in 1000 [Indian] Rupees, which is something like less than $15. And I said [to myself,] I am going to try and sell it and try to get my money back and see if that actually happens. And it happened. And though I did it over a 24-hour period, the price of Bitcoin (BTC) had moved 7% in my favor. [At that point,] the greed factor kicks in.”Going on to share how began to substantially invest in Bitcoin, Khurana said: “[After that,] in a couple of months, I had invested a lot of money into Bitcoin all the way up to April 2017. [At that] point, the Bitcoin <a href=\"https://www.cryptoglobe.com/prices/\">price</a> surged to such a high [level] … almost $1100 … and then I thought there’s no way I can buy it at such a high [price.] And after that, although I’ve purchased it twice, those were smaller amounts and my average purchase price has [remained] under $1,000. But now that I was committed to it, I started studying it more, [in order] to understand the technology behind it.”While sharing his academic background with CryptoGlobe and how it indirectly motivated him to do what he’s doing now, Khurana noted: “My undergraduate degree is in Computer Engineering and I’ve always been attracted to very scalable, innovative, technological solutions. I’ve always been [that] guy who first had email, first had internet access, [first had] the Amazon Web Services (AWS) account for cloud computing, first one to have a mobile device … so being an early adopter by nature, I started getting calls to media interviews and people saying what’s this Bitcoin thing anyway? [And,] I was getting beaten up in TV studios by people telling me I was really stupid.”He continued: “That’s when one of the founders of Zebpay, who I’d known as a founder of a previous company, came to me and said that they want to organize the industry and find the CEO of an industry body … and he came to me for advice. And, frankly in my heart I was thinking, I’m not the best person for it, but it somehow was not [the way he saw it.] So, he went about it, they hired one person...then, later they said, why don’t you do it...you know, sending all the subliminal messages.”</p>\n<h2>How Zebpay CEO Joined the Blockchain And Cryptocurrency Committee Of India</h2>\n<p>Explaining how he joined one of India’s leading Blockchain associations, Khurana remarked: “So, in January 2017, I joined as head of the BACC, which is the Blockchain and Cryptocurrency Committee. [As the leader of this] organization, I started talking to the [representatives] of the government and they were also very keen to talk to us. And, they were glad there’s one person they can talk to, as opposed to anybody who claims to represent the industry. Shortly thereafter, because I would refuse to work for the association office...I would want to work from the industry players office.”</p>\n<p>He added; “[Because of this type of situation,] I would invariably find myself in the Zebpay office, because they weren’t the largest, [but] they were the most influential. They were always the ones doing the best things first. So, it was natural. They said you know forget the association, why don’t you just join us as CEO. So, in March 2017, I joined them as CEO. Just imagine, on March 13th, I joined them as CEO and on April 5th, we received the <a href=\"https://economictimes.indiatimes.com/news/economy/policy/bitcoin-investors-watch-out-for-rbis-july-5-deadline/articleshow/64840136.cms?from=mdr\">circular from the RBI</a> saying ‘you can’t do this anymore.’”</p>\n<h2>“The Most Exciting Industry Got More Interesting”</h2>\n<p>Reflecting back on this experience, Khurana said: “And at that point, the industry that was the most exciting industry got even more exciting.”</p>\n<p>When questioned about what’s next on the roadmap for Zebpay, Khurana stated: “Barring artificial hurdles that a company might face, where it says you need to only be a company in this country to serve this country … or barring certain niche models such as only listing tokens of a certain type … I do not see the need for so many exchanges in the world. As in you could differentiate them as in crypto-to-crypto and crypto-to-fiat. You could differentiate them as compliant and not compliant.”</p>\n<h2>In The Long-Term, We Might Have No More Than A Dozen Exchanges</h2>\n<p>He further noted: “[However,] there’s really not too much of a distinction. And, it fundamentally arises from the fact that the end product you buy from them is absolutely identical. So if you purchase Bitcoin from exchange A versus exchange B … you get the exact same Bitcoin. You can’t say I got a higher quality one or a more genuine one. In light of that, I see in the open market … not more than a dozen … probably as few as five, but not more than a dozen and I am committed to be one of them.”</p>\n<p>He continued: “Now, whether this comes by standing on our own feet or getting into partnerships, mergers, acquisitions, which I think are the short-term future of our entire industry - as it becomes obvious to players who otherwise … have been fairly independent. So, that’s one of the trends that comes up. I wish the <a href=\"https://www.cryptocompare.com/exchanges/guides/what-is-a-decentralized-exchange/\">decentralized exchange</a> (DEX) trend comes up sooner. But I see that as taking some time. It matches so well with the fundamental philosophy of the space that it should come sooner than later.”</p>\n<p>He added: “But I [currently] can’t see light at the end of tunnel. I know that the tunnel will end somewhere, but I can’t see light at the end of the tunnel. And, when that happens, we would look at some play there. Technologically, we find ourselves very strong. My next 12-month target tends to actually carry the fundamental values of that day which we have always managed to convince people of … such as [our services] being easy-to-use, establishing trust, being one of the first to introduce [more advanced] technological features. For example, batching of transactions, which became the de facto standard before it was heard of … Zebpay was the first exchanges in the world to use that.”</p>\n<h2>One Of The First Exchanges To Add Lightning Network</h2>\n<p>Sharing with CryptoGlobe how Zebpay was one of the first crypto trading platforms to start integrating Lightning Network, Khurana noted: “Our developments in <a href=\"https://www.cryptocompare.com/coins/guides/what-is-the-lightning-network/\">Lightning Network</a> (LN) … I think soon we will be recognized as the largest node in March 2019. We also want to be the first [exchange] that allows withdrawal to the LN. I see ourselves as being the most transparent in proof of reserve … a concept where you don’t want to be a QuadrigaCX where you discover that you never had [the funds you thought you did] in the first place.”He went on to state: “If I were a regulator, these are the things I would focus on. I would say, you don’t get to touch the coins of the customers. And if you do, you need to constantly prove that you have it. And, technologically prove it, not just with auditors’ certificates. So, I think this is inevitable. Regulation is at this point focusing on not necessarily the most important parts of our industry. Given that we have custodial arrangement, trusteeship arrangement.”</p>\n<p>He added: “There are so many similar good parts of the economy … I don’t see why they should not be imported here … at least in some form like proof of reserve, [it should be there to some extent,] like as it is in the stock market. But it will be as robust and probably more bearable because it uses a part of the algorithm or the underlying protocol to establish yourself. So, I see these facts which were known to a very small percentage of the people in the world … getting known to a large number of people. And, when that happens, people would trust us more, use our [services] more, and transact with us. So, that would be my 12-month target for Zebpay.”</p>\n<h2>Khurana On Customer Surveillance Technology</h2>\n<p>When asked about customer surveillance technology that leading American crypto exchange, Coinbase intended to use with their <a href=\"https://www.cryptoglobe.com/latest/2019/02/coinbase-acquires-analytics-firm-with-murky-past/\">acquisition of controversial intelligence and analytics firm, Neutrino</a>, Khurana stated: “I think they’re useful and they have their place. And, there are two reasons for that. On the one hand, if you were to say look at how banks do transaction monitoring. I’m sure that bad actors will invariably participate in any economic marketplace.”</p>\n<p>He further noted: “Now, as one of the facilitators of this marketplace, to be told that you have to do your due diligence, I think is reasonable. [That’s] because it’s not just that it will make the regulator more comfortable towards you. I think it also protects your customers. So let’s say if money (Bitcoin) came from an unsafe resource and my customers buy it, and you know on the [block explorers] you can see that money went from the wrong place. At that point, my customers could ask me why you did not do anything about it.”He added: “I think that transaction monitoring has its place, [however] I do not know enough about what happened with Coinbase. And, I must say I’ve read all the news. But when I read news about Zebpay … I don’t completely agree with it. So, sometimes I used to wonder if one takes everything at face value … everything that’s written. I think it also had to do with the type of company they associated with and what those people had done in the past. </p>\n<p>Coinbase customers were not [feeling] comfortable with that - as opposed to what they were promising … because if that were dodgy, then Coinbase itself would not have done that.He continued: “So, if one goes back to … what is it that your customer thinks about you … and can you fulfill it? So, for example, maybe some of the largest [crypto] exchanges in the world as listed on CoinMarketCap do not even [perform] know-your-customer (KYC) checks. And, they’re operating from a territory that seems to be okay with that, I assume. Now, we can’t bear to do this and we want the kind of customer who sees KYC as a good thing...even for them, right? But I am sure there are all kinds of customers. So Coinbase has to be careful about what kind of customers it has...and to fulfill that expectation as well as everyone of us including Zebpay.” </p>",
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2019/04/07 09:34:09
| parent author | |
| parent permlink | news |
| author | cryptoglobe |
| permlink | coinbase-ceo-explains-what-is-needed-for-crypto-to-achieve-mainstream-adoption-1554597240 |
| title | Coinbase CEO Explains What Is Needed for Crypto to Achieve Mainstream Adoption |
| body | <p><img src="https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/78/f5/78f5a3ec-8a4a-4fde-aaf8-f897046960b5/brian_armstrong_-_dfj_summit_-_nov_2017.png__740x380_q85_crop_subsampling-2.png" width="740" height="380"/></p> <p> Earlier this week, Brian Armstrong, Co-Founder and CEO of Coinbase, held an Ask Me Anything (AMA) session on YouTube. This article looks at some of the main highlights:</p> <h2>What Is Needed for Crypto Achieve Mainstream Adoption?</h2> <p>"I think there's three things in my mind. First one is volatility. Second one is scalability. Third one is usability.</p> <h3>Volatility</h3> <p>If crypto is wildly swing all over the place, it's going to be harder to use as a real medium of exchange. And stablecoins are helping with that. The other thing that's going to help with that is more and more real uses in the real world happening so that these crazy bubbles that go up and down and all the speculation in crypto will kind of get dampened out if we drive the utility phase.</p> <h3>Scalability</h3> <p>So, luckily, there's now 5-10 really well-funded teams out there working on all kinds of solutions from layer 2 solutions like Lightning Network to next-gen protocols, and so a lot of these are going to be coming out and continuing to grow in the next 6-12 months. I think once we do that, we need crypto be not just, you know, 5-10 transactions a second, but in the order of 500-5000 a second to be like PayPal or Visa levels. That would allow us to get an app with 100 million people using crypto.</p> <h3>Usability</h3> <p>There's still a lot of challenges there. You can imagine in a lot of these apps that are out there... It's still too complicated to go there, be able to sign in... It should work like WeChat or something like that where when you go to the app, it already knows who you are and it has your payment method already attached and with one tap, you can then complete an action or complete a payment..."</p> <h2>Why Doesn't Coinbase Pro Provide More Advanced Yet Relatively Basic Trading Features Such As Average Position Entry and P&L?</h2> <p>"Well, that's a great point. P&L is on the roadmap. That's something we've been trying to get on there for a long time. You know, some of these other ones, like average position entry, if you all want to see it, we'd love to hear it."</p> <h2>What Are Your Thoughts on the Future of Crypto Mining and Proof-of-Work?</h2> <p>"Proof-of-Work is still the most trusted thing that came out, and it stood the test of time. That was like a brilliant invention in the original Satoshi white paper that kicked off this whole revolution. So, I don't think that's go away anytime soon, especially in Bitcoin, but a lot of these next-gen protocols are experimenting with Proof-of-Stake, and you know, there are some benefits there -- the energy usage or the scalability -- so, my hope is that as industry, we can just keep innovating."</p> <h2>Who Are You and What Motivates You to Stay in Crypto?</h2> <p>"I'm basically nerd that likes to build stuff with technology... At this point, I'm just enjoying the process of learning. I am also a lifelong learner. Coinbase has been this crazy wild ride. We have 750 employees now. Every month, I have to learn some new skill... So, in that sense, it's been really rewarding."</p> <h2>Why Add Assets That Tarnish the Brand?</h2> <p>"Here's the way I think about this now. I think about it a lot like Google or Amazon... The general idea is everything that's not a scam or harmful to people should be added, but we should give people ratings and ways for them to evaluate these different tokens and coins."<em>The</em> <a href="https://www.youtube.com/watch?v=NG3bBGKi1RU&t=8s"><em>video</em></a> <em>of the full AMA session is available on Coinbase's YouTube channel.</em> </p> |
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"body": "<p><img src=\"https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/78/f5/78f5a3ec-8a4a-4fde-aaf8-f897046960b5/brian_armstrong_-_dfj_summit_-_nov_2017.png__740x380_q85_crop_subsampling-2.png\" width=\"740\" height=\"380\"/></p>\n<p> Earlier this week, Brian Armstrong, Co-Founder and CEO of Coinbase, held an Ask Me Anything (AMA) session on YouTube. This article looks at some of the main highlights:</p>\n<h2>What Is Needed for Crypto Achieve Mainstream Adoption?</h2>\n<p>\"I think there's three things in my mind. First one is volatility. Second one is scalability. Third one is usability.</p>\n<h3>Volatility</h3>\n<p>If crypto is wildly swing all over the place, it's going to be harder to use as a real medium of exchange. And stablecoins are helping with that. The other thing that's going to help with that is more and more real uses in the real world happening so that these crazy bubbles that go up and down and all the speculation in crypto will kind of get dampened out if we drive the utility phase.</p>\n<h3>Scalability</h3>\n<p>So, luckily, there's now 5-10 really well-funded teams out there working on all kinds of solutions from layer 2 solutions like Lightning Network to next-gen protocols, and so a lot of these are going to be coming out and continuing to grow in the next 6-12 months. I think once we do that, we need crypto be not just, you know, 5-10 transactions a second, but in the order of 500-5000 a second to be like PayPal or Visa levels. That would allow us to get an app with 100 million people using crypto.</p>\n<h3>Usability</h3>\n<p>There's still a lot of challenges there. You can imagine in a lot of these apps that are out there... It's still too complicated to go there, be able to sign in... It should work like WeChat or something like that where when you go to the app, it already knows who you are and it has your payment method already attached and with one tap, you can then complete an action or complete a payment...\"</p>\n<h2>Why Doesn't Coinbase Pro Provide More Advanced Yet Relatively Basic Trading Features Such As Average Position Entry and P&L?</h2>\n<p>\"Well, that's a great point. P&L is on the roadmap. That's something we've been trying to get on there for a long time. You know, some of these other ones, like average position entry, if you all want to see it, we'd love to hear it.\"</p>\n<h2>What Are Your Thoughts on the Future of Crypto Mining and Proof-of-Work?</h2>\n<p>\"Proof-of-Work is still the most trusted thing that came out, and it stood the test of time. That was like a brilliant invention in the original Satoshi white paper that kicked off this whole revolution. So, I don't think that's go away anytime soon, especially in Bitcoin, but a lot of these next-gen protocols are experimenting with Proof-of-Stake, and you know, there are some benefits there -- the energy usage or the scalability -- so, my hope is that as industry, we can just keep innovating.\"</p>\n<h2>Who Are You and What Motivates You to Stay in Crypto?</h2>\n<p>\"I'm basically nerd that likes to build stuff with technology... At this point, I'm just enjoying the process of learning. I am also a lifelong learner. Coinbase has been this crazy wild ride. We have 750 employees now. Every month, I have to learn some new skill... So, in that sense, it's been really rewarding.\"</p>\n<h2>Why Add Assets That Tarnish the Brand?</h2>\n<p>\"Here's the way I think about this now. I think about it a lot like Google or Amazon... The general idea is everything that's not a scam or harmful to people should be added, but we should give people ratings and ways for them to evaluate these different tokens and coins.\"<em>The</em> <a href=\"https://www.youtube.com/watch?v=NG3bBGKi1RU&t=8s\"><em>video</em></a> <em>of the full AMA session is available on Coinbase's YouTube channel.</em> </p>",
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}2019/04/07 01:47:39
2019/04/07 01:47:39
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| author | cryptoglobe |
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2019/04/07 01:47:39
| voter | tftproject |
| author | cryptoglobe |
| permlink | trons-ecosystem-has-surpassed-23-million-accounts-246-decentralized-applications-1554597144 |
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}2019/04/07 01:32:30
2019/04/07 01:32:30
| voter | dailyliberator |
| author | cryptoglobe |
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2019/04/07 01:32:30
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2019/04/07 01:32:30
| voter | cryptoglobe |
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}2019/04/07 01:32:27
2019/04/07 01:32:27
| parent author | |
| parent permlink | news |
| author | cryptoglobe |
| permlink | trons-ecosystem-has-surpassed-23-million-accounts-246-decentralized-applications-1554597144 |
| title | Tron’s Ecosystem Has Surpassed 2.3 Million Accounts, 246 Decentralized Applications |
| body | <p> <img src="https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/6e/0d/6e0de8f2-1ab0-4d0b-8f97-48e704a7a194/application_keyboard.jpg__740x380_q85_crop_subsampling-2.jpg" width="740" height="380"/></p> <p>The creators of TRON have released their <a href="https://www.cryptoglobe.com/latest/">latest</a> Weekly Dapp Report which summarizes the key developments related to the platform’s decentralized applications (dApps) ecosystem.As noted in the report, there are now more than 2.3 million TRON accounts that have been created and there are 246 different dApps that have been launched on the TRON (<a href="https://www.cryptocompare.com/coins/trx/overview">TRX</a>) network. In the past week, 10 new dApps that went live on TRON's platform. This, according to the <a href="https://www.cryptocompare.com/coins/guides/what-are-smart-contracts/">smart contract</a>-enabled dApp creation network’s weekly progress summary which also revealed that there are presently 71 gambling-related dApps launched on TRON.</p> <h2>246 dApps Launched On TRON's Blockchain</h2> <p>Notably, there are 54 gaming-related dApps that have been <a href="https://medium.com/tron-foundation/tron-dapp-weekly-report-03-30-04-05-51ffff25fe26">built and deployed</a> on TRON, 86 “high-risk” dApps, 14 exchange-related dApps, and at least 21 others were introduced so far. According to TRON’s estimates, there are about 70,000 “daily active users” on the network, an average of 750,000 daily TRX transactions (appr. $337,875 in 24-hour TX volume), and 519 smart contracts.Other notable information shared in the report revealed that TRON Bird, “a simple collectibles game” in which players receive a “bird egg with 300 TRX to hatch” has become fairly popular.As explained in TRON’s blog, TRON Bird is “conceptually similar” to Ethereum’s CryptoKitties in “the sense that users buy, sell, or rent pets” in order to earn TRX <a href="https://www.cryptocompare.com/coins/guides/token-economies-101-the-difference-between-tokens-and-coins/">tokens</a>.</p> <h2>FlashDEX, A Decentralized Digital Asset Exchange</h2> <p>FlashDEX, a decentralized cryptoasset exchange (DEX) built on the TRON network, will reportedly “support the TRC-20 standard token USDT-TRON” which was <a href="https://www.cryptoglobe.com/latest/2019/03/tron-based-tether-coming-soon-to-a-crypto-exchange-near-you/">developed and jointly released</a> by Tether Ltd. and the developers of TRON.As mentioned in the Weekly Dapp Report, the FlashDEX platform “manages user orders and freezes assets” in an automated manner - as these transactions are handled by smart contracts. Because the trading process is managed by contracts, users and operators need not conduct the “transfer operation” by themselves (manually). Moreover, the FlashDEX has been created to function as a “service platform that efficiently manages buyers and sellers” in order to settle crypto transactions, TRON’s blog states.On April 2, 2019, Justin Sun, the head of the TRON Foundation, announced that the platform’s developers would soon be releasing the details of the Sun network. According to a <a href="https://twitter.com/justinsuntron/status/1113286206194741248?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1113286206194741248&ref_url=https%3A%2F%2Fu.today%2Fjustin-sun-promises-to-release-sun-network-soon-trons-layer-2-solution-for-100-scalability">tweet</a>regarding the announcement, the SUN Network is TRON’s version of the "layer 2" crypto payment solution to "achieve 100X scalability.”Although unconfirmed, Sun noted: “#TRON’s dapp usage is poised to scale from the current millions to hundreds of millions after launch.” </p> |
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"author": "cryptoglobe",
"permlink": "trons-ecosystem-has-surpassed-23-million-accounts-246-decentralized-applications-1554597144",
"title": "Tron’s Ecosystem Has Surpassed 2.3 Million Accounts, 246 Decentralized Applications",
"body": "<p> <img src=\"https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/6e/0d/6e0de8f2-1ab0-4d0b-8f97-48e704a7a194/application_keyboard.jpg__740x380_q85_crop_subsampling-2.jpg\" width=\"740\" height=\"380\"/></p>\n<p>The creators of TRON have released their <a href=\"https://www.cryptoglobe.com/latest/\">latest</a> Weekly Dapp Report which summarizes the key developments related to the platform’s decentralized applications (dApps) ecosystem.As noted in the report, there are now more than 2.3 million TRON accounts that have been created and there are 246 different dApps that have been launched on the TRON (<a href=\"https://www.cryptocompare.com/coins/trx/overview\">TRX</a>) network. In the past week, 10 new dApps that went live on TRON's platform. This, according to the <a href=\"https://www.cryptocompare.com/coins/guides/what-are-smart-contracts/\">smart contract</a>-enabled dApp creation network’s weekly progress summary which also revealed that there are presently 71 gambling-related dApps launched on TRON.</p>\n<h2>246 dApps Launched On TRON's Blockchain</h2>\n<p>Notably, there are 54 gaming-related dApps that have been <a href=\"https://medium.com/tron-foundation/tron-dapp-weekly-report-03-30-04-05-51ffff25fe26\">built and deployed</a> on TRON, 86 “high-risk” dApps, 14 exchange-related dApps, and at least 21 others were introduced so far. According to TRON’s estimates, there are about 70,000 “daily active users” on the network, an average of 750,000 daily TRX transactions (appr. $337,875 in 24-hour TX volume), and 519 smart contracts.Other notable information shared in the report revealed that TRON Bird, “a simple collectibles game” in which players receive a “bird egg with 300 TRX to hatch” has become fairly popular.As explained in TRON’s blog, TRON Bird is “conceptually similar” to Ethereum’s CryptoKitties in “the sense that users buy, sell, or rent pets” in order to earn TRX <a href=\"https://www.cryptocompare.com/coins/guides/token-economies-101-the-difference-between-tokens-and-coins/\">tokens</a>.</p>\n<h2>FlashDEX, A Decentralized Digital Asset Exchange</h2>\n<p>FlashDEX, a decentralized cryptoasset exchange (DEX) built on the TRON network, will reportedly “support the TRC-20 standard token USDT-TRON” which was <a href=\"https://www.cryptoglobe.com/latest/2019/03/tron-based-tether-coming-soon-to-a-crypto-exchange-near-you/\">developed and jointly released</a> by Tether Ltd. and the developers of TRON.As mentioned in the Weekly Dapp Report, the FlashDEX platform “manages user orders and freezes assets” in an automated manner - as these transactions are handled by smart contracts. Because the trading process is managed by contracts, users and operators need not conduct the “transfer operation” by themselves (manually). Moreover, the FlashDEX has been created to function as a “service platform that efficiently manages buyers and sellers” in order to settle crypto transactions, TRON’s blog states.On April 2, 2019, Justin Sun, the head of the TRON Foundation, announced that the platform’s developers would soon be releasing the details of the Sun network. According to a <a href=\"https://twitter.com/justinsuntron/status/1113286206194741248?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1113286206194741248&ref_url=https%3A%2F%2Fu.today%2Fjustin-sun-promises-to-release-sun-network-soon-trons-layer-2-solution-for-100-scalability\">tweet</a>regarding the announcement, the SUN Network is TRON’s version of the \"layer 2\" crypto payment solution to \"achieve 100X scalability.”Although unconfirmed, Sun noted: “#TRON’s dapp usage is poised to scale from the current millions to hundreds of millions after launch.” </p>",
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}cryptoglobereceived 0.016 SBD, 0.043 SP author reward for @cryptoglobe / omise-denies-omisego-acquisition-by-thailands-richest-company-for-150-million-15539570972019/04/06 15:45:00
cryptoglobereceived 0.016 SBD, 0.043 SP author reward for @cryptoglobe / omise-denies-omisego-acquisition-by-thailands-richest-company-for-150-million-1553957097
2019/04/06 15:45:00
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}2019/04/05 06:31:21
2019/04/05 06:31:21
| voter | kiddady |
| author | cryptoglobe |
| permlink | nash-co-founder-fabio-canesin-on-the-future-of-decentralized-exchanges-1554424922 |
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}2019/04/05 01:57:33
2019/04/05 01:57:33
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| author | cryptoglobe |
| permlink | nash-co-founder-fabio-canesin-on-the-future-of-decentralized-exchanges-1554424922 |
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2019/04/05 01:57:30
| voter | johnvibes |
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}2019/04/05 01:42:24
2019/04/05 01:42:24
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}2019/04/05 01:42:24
2019/04/05 01:42:24
| voter | dailyliberator |
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2019/04/05 01:42:24
| voter | cryptoglobe |
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2019/04/05 01:42:21
| parent author | |
| parent permlink | news |
| author | cryptoglobe |
| permlink | nash-co-founder-fabio-canesin-on-the-future-of-decentralized-exchanges-1554424922 |
| title | Nash Co-Founder Fabio Canesin on the Future of Decentralized Exchanges |
| body | <p><img src="https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/d1/74/d174039e-72c4-4403-b848-609093f34197/nash_card.png__800x400_q85_crop_subsampling-2_upscale.png" width="800" height="400"/></p> <p> The growth of decentralized exchanges is unquestionably one of the trends to watch in 2019.Fabio Canesin is a co-founder of Nash Exchange (NEX), a decentralized exchange aiming to make blockchain technology accessible to a wide public. Fabio holds a BSc in Mechanical Engineering and an MSc in Computational Science. Fabio is also known within the crypto community as a founder of the City of Zion (CoZ) open-source community, which brought the NEX co-founders together and continues to develop infrastructure for the NEO blockchain.We spoke with Fabio about Nash, whether DEXs will increase their share of volume, and what he thinks the future holds for the decentralized exchange.</p> <p><strong>Could you give us an overview of Nash's current projects?</strong></p> <p>Nash currently has two main projects: a self-custody platform for funds management, which allows users to control the private keys for multiple blockchain networks in a single place, and a decentralized exchange.The essence of our funds management platform is to bring the user experience of mobile and internet banking to blockchain wallet systems. People already familiar with blockchain will think of this as a multi-network wallet, but people just arriving in the space will already be familiar with how it looks and feels.Connected to this are our decentralized exchange protocol and matching engine. Our system allows full cross-chain trading, but it communicates with the funds management tools in such a way that it remains entirely non-custodial. Users can trade assets across multiple blockchain networks and at no point does Nash take possession of their funds.These are the two main products that we are working on right now. They represent only a small part of what we have planned, but they lay the foundations for future products.Another product that we will ship very soon – hopefully at the same time as our decentralized exchange – are fiat on- and off-ramps. These will integrate with our funds management tools and will offer a marketplace for banking providers in various jurisdictions to allow users to buy and sell digital assets for national currencies.Finally, we plan to complement these three products with a payment service aimed at online businesses. You could think of Nash as fintech company aiming to bring decentralized finance to everyone. Our products build on each other in a logical progression, working towards this goal. A payment layer on top of our other solutions is the last piece of the puzzle.</p> <p><strong>In your compliance section on the Nash website you have a section on AML and KYC. Is it your intention to implement KYC and AML checks on the Nash DEX? If so, do you think this undermines the concept of a DEX?</strong></p> <p>We intend to implement KYC and AML checks on Nash. We do not seek to facilitate illicit business, but to provide a service that helps legitimate people lead a better life. KYC and AML help prevent the misuse of money within our platform. We do not believe in facilitating such business and refuse to do so. There is a lot of friction when it comes to how AML works in the industry nowadays. We believe we can make it much easier. Even if it is not presently widespread, it is fair.DEXes solve the security problems of centralized exchanges, which take custody of users’ assets and match trades behind closed doors. For us, a DEX is defined by self-custody and transparency, empowering users to control their assets without a middleman. They should know their assets are safe and the matching of trades is fair. A completely anonymous and unregulated system would prevent these advantages reaching the majority or private or business users, since it would (rightly) have a questionable legal status.</p> <p><strong>DEXs currently account for a very small percentage of the global crypto trading volume. Why do you think this is the case and will this change?</strong></p> <p>Most DEX interfaces are neither simple nor intuitive. Poor user experience plays a major role in explaining their limited adoption and growth. One of our main concerns at Nash is to offer intuitive tools for simplified trading and effortless asset transfers that go beyond what current CEX and DEX interfaces offer.</p> <p><strong>What do you make of the growing competition in the 'smart contract platform' blockchains? Besides NEO, do you have any preferences?</strong></p> <p>We work with every chain. We are launching with two networks, Ethereum and NEO, but we believe there will be many more blockchains in the future. Just as there are a considerable number of mobile providers, we believe there will be hundreds of blockchains. We hope to support many other networks and have designed our systems to be flexible in adapting to variations on the same fundamental base-layer technology.</p> <p><strong>Could you give a high level explanation of the Nash business model?</strong></p> <p>Nash's business model is quite simple: we charge a small fee on trades. Of course, we also plan to deliver only the very best products. Our commitment to quality is key in terms of winning customers. As we bring in new users and continue to develop our platform, we will explore other monetization avenues. However, our main business is finance and we have a very strong focus on decentralized finance. We will be paying close attention to all platforms, present and future, that operate in this area.</p> <p><strong>Have you seen demand for staking NEX tokens?</strong></p> <p>There has been a great demand for staking NEX tokens. Some people have even been looking for ways to stake before the product is released! We are very happy with our supporters. They are extremely passionate, and we really appreciate their commitment.</p> <p><strong>It says on your website that you are hiring. What are your plans for growth and how has the market decline since early 2018 affected Nash?</strong></p> <p>A significant part of the industry was affected by the 2018 bear market. We believe this market cannot be predicted, so we try to safeguard our operations. Fortunately, we converted several positions to fiat soon after our crowdsale. However, we still have positions in crypto and we would certainly benefit from a bull market.Regarding hiring, we are now focused on assembling a Support team that will be set up and managed by the Marketing and Communications team. We consistently receive excellent applications from candidates interested in joining Nash and we pay attention to each application. Of course, we have further plans to grow the team and positions are open across the board – however, we place great emphasis on resource management in the company, so we are looking to grow efficiently. As the company increases in size and we generate more revenue, even more positions will be available in all divisions.</p> <p><strong>What trends do you see in the industry that are particularly interesting or important?</strong></p> <p>When you think about bonds and securities, it is really important to consider the potential of digital assets. Digital identities will also be very important. The ability for states to recognize identities in the virtual world will transform society forever.</p> <p><strong>Could you tell us a bit about the Nash roadmap for 2019 and beyond?</strong></p> <p>Our roadmap is quite clear: we will focus on the products we already mentioned. 2019 is mainly about our funds management tools and decentralized exchange. We are already working on the other projects, but our goal is to refine these parts of the platform first. This will allow us to invest fully in our payments solution, which will build upon and leverage these existing elements and will be a very important part of our platform.Throughout 2019 and 2020, we will seek to improve and refine our products based on users’ interactions with them. There will be a lot of observation, measurement and user feedback, allowing us to be absolutely sure we meet their needs. </p> |
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"title": "Nash Co-Founder Fabio Canesin on the Future of Decentralized Exchanges",
"body": "<p><img src=\"https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/d1/74/d174039e-72c4-4403-b848-609093f34197/nash_card.png__800x400_q85_crop_subsampling-2_upscale.png\" width=\"800\" height=\"400\"/></p>\n<p> The growth of decentralized exchanges is unquestionably one of the trends to watch in 2019.Fabio Canesin is a co-founder of Nash Exchange (NEX), a decentralized exchange aiming to make blockchain technology accessible to a wide public. Fabio holds a BSc in Mechanical Engineering and an MSc in Computational Science. Fabio is also known within the crypto community as a founder of the City of Zion (CoZ) open-source community, which brought the NEX co-founders together and continues to develop infrastructure for the NEO blockchain.We spoke with Fabio about Nash, whether DEXs will increase their share of volume, and what he thinks the future holds for the decentralized exchange.</p>\n<p><strong>Could you give us an overview of Nash's current projects?</strong></p>\n<p>Nash currently has two main projects: a self-custody platform for funds management, which allows users to control the private keys for multiple blockchain networks in a single place, and a decentralized exchange.The essence of our funds management platform is to bring the user experience of mobile and internet banking to blockchain wallet systems. People already familiar with blockchain will think of this as a multi-network wallet, but people just arriving in the space will already be familiar with how it looks and feels.Connected to this are our decentralized exchange protocol and matching engine. Our system allows full cross-chain trading, but it communicates with the funds management tools in such a way that it remains entirely non-custodial. Users can trade assets across multiple blockchain networks and at no point does Nash take possession of their funds.These are the two main products that we are working on right now. They represent only a small part of what we have planned, but they lay the foundations for future products.Another product that we will ship very soon – hopefully at the same time as our decentralized exchange – are fiat on- and off-ramps. These will integrate with our funds management tools and will offer a marketplace for banking providers in various jurisdictions to allow users to buy and sell digital assets for national currencies.Finally, we plan to complement these three products with a payment service aimed at online businesses. You could think of Nash as fintech company aiming to bring decentralized finance to everyone. Our products build on each other in a logical progression, working towards this goal. A payment layer on top of our other solutions is the last piece of the puzzle.</p>\n<p><strong>In your compliance section on the Nash website you have a section on AML and KYC. Is it your intention to implement KYC and AML checks on the Nash DEX? If so, do you think this undermines the concept of a DEX?</strong></p>\n<p>We intend to implement KYC and AML checks on Nash. We do not seek to facilitate illicit business, but to provide a service that helps legitimate people lead a better life. KYC and AML help prevent the misuse of money within our platform. We do not believe in facilitating such business and refuse to do so. There is a lot of friction when it comes to how AML works in the industry nowadays. We believe we can make it much easier. Even if it is not presently widespread, it is fair.DEXes solve the security problems of centralized exchanges, which take custody of users’ assets and match trades behind closed doors. For us, a DEX is defined by self-custody and transparency, empowering users to control their assets without a middleman. They should know their assets are safe and the matching of trades is fair. A completely anonymous and unregulated system would prevent these advantages reaching the majority or private or business users, since it would (rightly) have a questionable legal status.</p>\n<p><strong>DEXs currently account for a very small percentage of the global crypto trading volume. Why do you think this is the case and will this change?</strong></p>\n<p>Most DEX interfaces are neither simple nor intuitive. Poor user experience plays a major role in explaining their limited adoption and growth. One of our main concerns at Nash is to offer intuitive tools for simplified trading and effortless asset transfers that go beyond what current CEX and DEX interfaces offer.</p>\n<p><strong>What do you make of the growing competition in the 'smart contract platform' blockchains? Besides NEO, do you have any preferences?</strong></p>\n<p>We work with every chain. We are launching with two networks, Ethereum and NEO, but we believe there will be many more blockchains in the future. Just as there are a considerable number of mobile providers, we believe there will be hundreds of blockchains. We hope to support many other networks and have designed our systems to be flexible in adapting to variations on the same fundamental base-layer technology.</p>\n<p><strong>Could you give a high level explanation of the Nash business model?</strong></p>\n<p>Nash's business model is quite simple: we charge a small fee on trades. Of course, we also plan to deliver only the very best products. Our commitment to quality is key in terms of winning customers. As we bring in new users and continue to develop our platform, we will explore other monetization avenues. However, our main business is finance and we have a very strong focus on decentralized finance. We will be paying close attention to all platforms, present and future, that operate in this area.</p>\n<p><strong>Have you seen demand for staking NEX tokens?</strong></p>\n<p>There has been a great demand for staking NEX tokens. Some people have even been looking for ways to stake before the product is released! We are very happy with our supporters. They are extremely passionate, and we really appreciate their commitment.</p>\n<p><strong>It says on your website that you are hiring. What are your plans for growth and how has the market decline since early 2018 affected Nash?</strong></p>\n<p>A significant part of the industry was affected by the 2018 bear market. We believe this market cannot be predicted, so we try to safeguard our operations. Fortunately, we converted several positions to fiat soon after our crowdsale. However, we still have positions in crypto and we would certainly benefit from a bull market.Regarding hiring, we are now focused on assembling a Support team that will be set up and managed by the Marketing and Communications team. We consistently receive excellent applications from candidates interested in joining Nash and we pay attention to each application. Of course, we have further plans to grow the team and positions are open across the board – however, we place great emphasis on resource management in the company, so we are looking to grow efficiently. As the company increases in size and we generate more revenue, even more positions will be available in all divisions.</p>\n<p><strong>What trends do you see in the industry that are particularly interesting or important?</strong></p>\n<p>When you think about bonds and securities, it is really important to consider the potential of digital assets. Digital identities will also be very important. The ability for states to recognize identities in the virtual world will transform society forever.</p>\n<p><strong>Could you tell us a bit about the Nash roadmap for 2019 and beyond?</strong></p>\n<p>Our roadmap is quite clear: we will focus on the products we already mentioned. 2019 is mainly about our funds management tools and decentralized exchange. We are already working on the other projects, but our goal is to refine these parts of the platform first. This will allow us to invest fully in our payments solution, which will build upon and leverage these existing elements and will be a very important part of our platform.Throughout 2019 and 2020, we will seek to improve and refine our products based on users’ interactions with them. There will be a lot of observation, measurement and user feedback, allowing us to be absolutely sure we meet their needs. </p>",
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2019/04/04 09:23:39
| parent author | |
| parent permlink | news |
| author | cryptoglobe |
| permlink | how-to-start-earning-now-using-proof-of-stake-cryptocurrencies-from-smartphones-1554337413 |
| title | How to Start Earning Now Using Proof of Stake Cryptocurrencies from Smartphones |
| body | <p><img src="https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/9f/80/9f80d1e1-5aa1-4e57-a157-e3dac79f4e97/smartphone_laptop_notebook.jpg__740x380_q85_crop_subsampling-2.jpg" width="740" height="380"/></p> <p> The developers of Wetez wallet, a <a href="https://www.cryptocompare.com/mining/guides/what-is-proof-of-stake/">proof-of-stake</a> (PoS)-based cryptocurrency wallet, have published an informative blog post in which they explained that users can “delegate” from directly within the wallet app they’re using - in order to “receive rewards directly in the wallet.”At present, the Wetez wallet can be downloaded from both the Android and iOS stores. To start earning profits, users can “delegate to a list of different bakers and then check the different rewards directly” from their smartphones.</p> <h2>Baking On Tezos, Staking On Cosmos</h2> <p>As those familiar with the Tezos (XTZ) platform would know, “baking” on the Tezos blockchain is somewhat similar to mining on <a href="https://www.cryptocompare.com/mining/guides/what-is-proof-of-work/">proof-of-work</a> (PoW)-based networks such as Bitcoin (BTC). One of the main responsibilities of bakers on the Tezos platform is to validate blocks of transactions (which is essentially what miners do on PoW chains).In addition to supporting Tezos-based staking, the Wetez wallet has built-in features that allow users to stake on Cosmos (ATOM), a recently launched “coordinating” blockchain network that helps connect “different independent, scalable, and interoperable blockchains” that are compatible with the Cosmos ecosystem.Directly from the Wetez wallet, users can also access the IRISnet (IRIS) protocol and “service infrastructure.” Notably, the IRISnet platform, which “facilitates construction of distributed <a href="https://www.cryptoglobe.com/latest/business/">business</a> applications,” was developed on the Cosmos network - using its proprietary software development kit (SDK) and <a href="https://www.cryptoglobe.com/latest/2019/03/the-internet-of-blockchains-project-launches-cosmos-hub-mainnet/">Tendermint</a>.</p> <h2>Need At Least 100 XTZ</h2> <p>As explained in POS Bakerz’ <a href="https://medium.com/posbakerz/how-to-delegate-proof-of-stake-cryptocurrencies-using-wetez-wallet-169aad939629">blog post</a>, users must have a minimum of 100 <a href="https://www.cryptocompare.com/coins/xtz/overview">XTZ</a> (appr. $100) to “be able to delegate.” After users have deposited at least 100 XTX (plus a bit more in order to cover small transaction fees), they “should receive approval” and then “be able to see [their] different rewards."According to POS Bakerz’ post, it takes about “7 cycles for a baker before” users are officially “registered as one of their delegators.” This process includes the users’ transaction being “registered on the blockchain.”By following a similar process, users may also delegate Cosmos’ native token, ATOM, to earn rewards. To earn passively from IRISnet, users may “delegate three PoS cryptos directly from the same wallet.” </p> |
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"body": "<p><img src=\"https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/9f/80/9f80d1e1-5aa1-4e57-a157-e3dac79f4e97/smartphone_laptop_notebook.jpg__740x380_q85_crop_subsampling-2.jpg\" width=\"740\" height=\"380\"/></p>\n<p> The developers of Wetez wallet, a <a href=\"https://www.cryptocompare.com/mining/guides/what-is-proof-of-stake/\">proof-of-stake</a> (PoS)-based cryptocurrency wallet, have published an informative blog post in which they explained that users can “delegate” from directly within the wallet app they’re using - in order to “receive rewards directly in the wallet.”At present, the Wetez wallet can be downloaded from both the Android and iOS stores. To start earning profits, users can “delegate to a list of different bakers and then check the different rewards directly” from their smartphones.</p>\n<h2>Baking On Tezos, Staking On Cosmos</h2>\n<p>As those familiar with the Tezos (XTZ) platform would know, “baking” on the Tezos blockchain is somewhat similar to mining on <a href=\"https://www.cryptocompare.com/mining/guides/what-is-proof-of-work/\">proof-of-work</a> (PoW)-based networks such as Bitcoin (BTC). One of the main responsibilities of bakers on the Tezos platform is to validate blocks of transactions (which is essentially what miners do on PoW chains).In addition to supporting Tezos-based staking, the Wetez wallet has built-in features that allow users to stake on Cosmos (ATOM), a recently launched “coordinating” blockchain network that helps connect “different independent, scalable, and interoperable blockchains” that are compatible with the Cosmos ecosystem.Directly from the Wetez wallet, users can also access the IRISnet (IRIS) protocol and “service infrastructure.” Notably, the IRISnet platform, which “facilitates construction of distributed <a href=\"https://www.cryptoglobe.com/latest/business/\">business</a> applications,” was developed on the Cosmos network - using its proprietary software development kit (SDK) and <a href=\"https://www.cryptoglobe.com/latest/2019/03/the-internet-of-blockchains-project-launches-cosmos-hub-mainnet/\">Tendermint</a>.</p>\n<h2>Need At Least 100 XTZ</h2>\n<p>As explained in POS Bakerz’ <a href=\"https://medium.com/posbakerz/how-to-delegate-proof-of-stake-cryptocurrencies-using-wetez-wallet-169aad939629\">blog post</a>, users must have a minimum of 100 <a href=\"https://www.cryptocompare.com/coins/xtz/overview\">XTZ</a> (appr. $100) to “be able to delegate.” After users have deposited at least 100 XTX (plus a bit more in order to cover small transaction fees), they “should receive approval” and then “be able to see [their] different rewards.\"According to POS Bakerz’ post, it takes about “7 cycles for a baker before” users are officially “registered as one of their delegators.” This process includes the users’ transaction being “registered on the blockchain.”By following a similar process, users may also delegate Cosmos’ native token, ATOM, to earn rewards. To earn passively from IRISnet, users may “delegate three PoS cryptos directly from the same wallet.” </p>",
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}2019/04/04 01:26:45
2019/04/04 01:26:45
| voter | tftproject |
| author | cryptoglobe |
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2019/04/04 01:26:45
| voter | johnvibes |
| author | cryptoglobe |
| permlink | brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version-1554336676 |
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}2019/04/04 01:13:18
2019/04/04 01:13:18
| voter | variously |
| author | cryptoglobe |
| permlink | brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version-1554336676 |
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}2019/04/04 01:11:39
2019/04/04 01:11:39
| voter | prlpodcast |
| author | cryptoglobe |
| permlink | brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version-1554336676 |
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}2019/04/04 01:11:39
2019/04/04 01:11:39
| voter | dailyliberator |
| author | cryptoglobe |
| permlink | brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version-1554336676 |
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}2019/04/04 01:11:39
2019/04/04 01:11:39
| voter | cryptoglobe |
| author | cryptoglobe |
| permlink | brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version-1554336676 |
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}2019/04/04 01:11:36
2019/04/04 01:11:36
| parent author | |
| parent permlink | news |
| author | cryptoglobe |
| permlink | brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version-1554336676 |
| title | Brave Browser Starts Letting Users Earn BAT for Seeing Ads on Its Beta Version |
| body | <p><img src="https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/5c/8c/5c8c6ec1-3646-4c3a-9c1b-ba327b7cadeb/lion.jpg__740x380_q85_crop_subsampling-2.jpg" width="740" height="380"/></p> <p> The cryptocurrency-powered Brave browser, which has been allowing its users to earn its Basic Attention Token (BAT) for seeing ads on its developer channel, has recently rolled out the feature to the Beta version of the browser.This means that users will be able to earn BAT tokens while browsing the web, without having to deal with the developer version of the browser – which is much less stable than the Beta version, in which new features are often tested.According to Brave, only users who opt-in to see the ads are going to see them and be rewarded for it. As reported, the first phase of the ad rollout found users were engaging with the ads they were seeing.</p> <p>On <a href="https://www.reddit.com/r/BATProject/comments/b8ojkm/brave_ads_now_available_for_testing_in_brave_beta/">Reddit</a>, users have pointed out that, just like in the developer version of the browser, users will only see ads if they’re located in certain countries, including the United States, the United Kingdom, Canada, Germany, and France. The program will reportedly be rolled out to users throughout the world after they’re released on Brave’s stable version.Notably, the Brave browser was funded through an initial coin offering (ICO). In which its BAT tokens were sold for investors. It was launched by former Mozilla CEO Brendan Eich, and features a built-in adblocker and blocks trackers by default.The <a href="https://www.cryptoglobe.com/latest/2019/01/brave-ad-rewards-in-testing-to-go-live-in-beta-version-of-brave-in-weeks/">ads appear to those who opt-in as pop-ups</a>, and clicking these rewards users. In these, Brave is reportedly giving them 70% of the revenue, which could potentially help them earn up <a href="https://www.cryptoglobe.com/latest/2018/09/brave-ceo-says-users-can-earn-over-70-per-year-using-browser-in-2019/">to $5 per month in BAT</a>, according to Eich.Tokens the users earn are, by default, distributed to websites and content creators they visit, although these parameters can be changed to allocate specific amounts to specific publishers. Users can also keep the tokens, to wait for a withdrawal option to appear.</p> <p>Read More: <a href="https://www.cryptoglobe.com/latest/2019/04/brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version/">https://www.cryptoglobe.com/latest/2019/04/brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version/</a> </p> |
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"parent_author": "",
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"author": "cryptoglobe",
"permlink": "brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version-1554336676",
"title": "Brave Browser Starts Letting Users Earn BAT for Seeing Ads on Its Beta Version",
"body": "<p><img src=\"https://static.cryptoglobe.com/filer_public_thumbnails/filer_public/5c/8c/5c8c6ec1-3646-4c3a-9c1b-ba327b7cadeb/lion.jpg__740x380_q85_crop_subsampling-2.jpg\" width=\"740\" height=\"380\"/></p>\n<p> The cryptocurrency-powered Brave browser, which has been allowing its users to earn its Basic Attention Token (BAT) for seeing ads on its developer channel, has recently rolled out the feature to the Beta version of the browser.This means that users will be able to earn BAT tokens while browsing the web, without having to deal with the developer version of the browser – which is much less stable than the Beta version, in which new features are often tested.According to Brave, only users who opt-in to see the ads are going to see them and be rewarded for it. As reported, the first phase of the ad rollout found users were engaging with the ads they were seeing.</p>\n<p>On <a href=\"https://www.reddit.com/r/BATProject/comments/b8ojkm/brave_ads_now_available_for_testing_in_brave_beta/\">Reddit</a>, users have pointed out that, just like in the developer version of the browser, users will only see ads if they’re located in certain countries, including the United States, the United Kingdom, Canada, Germany, and France. The program will reportedly be rolled out to users throughout the world after they’re released on Brave’s stable version.Notably, the Brave browser was funded through an initial coin offering (ICO). In which its BAT tokens were sold for investors. It was launched by former Mozilla CEO Brendan Eich, and features a built-in adblocker and blocks trackers by default.The <a href=\"https://www.cryptoglobe.com/latest/2019/01/brave-ad-rewards-in-testing-to-go-live-in-beta-version-of-brave-in-weeks/\">ads appear to those who opt-in as pop-ups</a>, and clicking these rewards users. In these, Brave is reportedly giving them 70% of the revenue, which could potentially help them earn up <a href=\"https://www.cryptoglobe.com/latest/2018/09/brave-ceo-says-users-can-earn-over-70-per-year-using-browser-in-2019/\">to $5 per month in BAT</a>, according to Eich.Tokens the users earn are, by default, distributed to websites and content creators they visit, although these parameters can be changed to allocate specific amounts to specific publishers. Users can also keep the tokens, to wait for a withdrawal option to appear.</p>\n<p>Read More: <a href=\"https://www.cryptoglobe.com/latest/2019/04/brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version/\">https://www.cryptoglobe.com/latest/2019/04/brave-browser-starts-letting-users-earn-bat-for-seeing-ads-on-its-beta-version/</a> </p>",
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}2019/04/03 11:33:39
2019/04/03 11:33:39
| voter | johnvibes |
| author | cryptoglobe |
| permlink | inconsistencies-in-dapp-data-reflects-immature-state-of-decentralized-networks-1554247080 |
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}2019/04/03 11:33:36
2019/04/03 11:33:36
| voter | tftproject |
| author | cryptoglobe |
| permlink | inconsistencies-in-dapp-data-reflects-immature-state-of-decentralized-networks-1554247080 |
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}2019/04/03 11:20:12
2019/04/03 11:20:12
| voter | steeming-hot |
| author | cryptoglobe |
| permlink | inconsistencies-in-dapp-data-reflects-immature-state-of-decentralized-networks-1554247080 |
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}2019/04/03 11:18:18
2019/04/03 11:18:18
| voter | prlpodcast |
| author | cryptoglobe |
| permlink | inconsistencies-in-dapp-data-reflects-immature-state-of-decentralized-networks-1554247080 |
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[]