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      "body": "<center>https://www.cryptomartez.com/wp-content/uploads/2018/05/cryptocurrency.png</center> <br />When the second largest crypto exchange in the world, Huobi Pro, releases a Global Blockchain Industry Strategic Overview report, the world literally has to pay attention. As I was fortunate enough to have a sneak preview of the report, I'll be discussing the parts of the report that cover the crypto asset market overview and prospects. The report is authored by Hubery Yuan, Bonna Zhu, Xiao Xiao and Dazhi Guo, all from the Huobi Research Academy. The summary of the part of the report covering crypto assets market overview and prospects is that although the volatile market is currently bearish, a gradual shift to a bullish market is ongoing. Also, that although the ICO landscape is on the decline, it would even out with the implementation of regulations.\r\n\r\nToday's cryptocurrency market has come a long way, from the humble beginnings of just Bitcoin to the now over 1600 Bitcoin competitor cryptocurrencies, being traded on both centralized and decentralized crypto exchanges like Huobi Pro. From a numbers perspective, everyone can still remember, like yesterday, the crypto asset market’s explosive growth of 2017 when the market capitalization went from $17 billion to $559 billion, a 30 times increase. Unfortunately, the market is yet to return to that glorious bullish state and has been going bearish all this while.\r\n\r\nCrypto community's attention is gradually shifting away from the king of crypto: Bitcoin. Over the past couple of years, several ERC20 tokens have shown that they've got unlimited potential when allowed to flourish. The growth of these tokens, especially that of ETH is closely related to the fact that their MVP projects have an impact within and outside cryptosphere. However, according to the report by Huobi Pro, appears crypto activity is on a slow decline as some tokens are selling for lower than their issue price. The significant decline in search engine records for crypto-related terms also lend credence to this fact. As a consequence, there was also a huge decline in the number of active Bitcoin addresses. Perhaps, people were HODLing?\r\n\r\n<em><strong>Recommended:</strong></em>\r\n\r\nhttps://www.cryptomartez.com/2018/04/beginners-guide-choosing-bitcoin-exchange.html\r\n\r\nIntroduction of super nodes voting in Q2 2018 by DPoS consensus compliant projects contributed to bringing a ray of sunshine to the gloomy market. Top DPoS projects that contributed to this include EOS, CMT and TRX, with the launch of their Supernodes. Confirming the optimistic reaction to the bearish market is Huobi's bullish Cryptocurrency Investor Sentiment Index Report, published earlier this month by the Huobi Academy of Blockchain Application. Analyzing answers to three questions put to almost 2000 investors, majority were optimistic about the long-term development of the market to a bullish state.\r\n\r\nLike a magic wand, crypto crowdfunding decimated the barriers to startups obtaining funding for their projects. Although there was a successful crowdfunding event before Ethereum, that of ETH broke the dam and brought a flood of ICOs into the cryptosphere. Research, however, has shown that there is a decline in the ICO mania, yet, funds raised in 2018 are still higher than that realized in 2017 through ICOs. Moreover, several of these ICO projects have appreciated thousands of times over.\r\n\r\nOf course, regulation's watchful eyes are ever present, seeing that as things tighten, liquidity diminishes. US SEC, for instance, has prohibited its citizens from participating in unregistered ICOs, deeming tokens to be securities. Also, governments and top organizations recently went on a banning spree, from China to Facebook and MailChimp.\r\n\r\nIn a bid to address the issues bugging ICOs and make team members accountable, Ethereum Founder, Vitalik Buterin, recently introduced a new crypto crowdfunding model: DAICO. This is a hybrid of DAO and ICO. Basically, the concept works in such a way that, where the team doesn't deliver on the project, investor's funds are automatically refunded. Helps mitigate scams and enthrone accountability.\r\n\r\nHuobi’s May Global Blockchain Strategic Overview Report will be first made available, exclusively to attendees of the Blockchain Festival Vietnam. Now, you have another reason not to miss this great event, not counting the promised huge airdrops and other perks for attendees.\r\n\r\n&nbsp;<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://www.cryptomartez.com/2018/05/2018-crypto-asset-market-overview-and-prospects-huobi-pro.html</em><hr/></center>",
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      "body": "<center>https://www.cryptomartez.com/wp-content/uploads/2018/05/CANADA-UNITED-STATES-Operation-Crypto-Sweep.jpg</center> <br />Securities regulators in the US and Canada have intensified their effort to clampdown cryptocurrency scams. Their latest move is the launching of operation crypto-sweep against cryptocurrency scams.\r\n\r\nDuring the event hosted by the North American Securities Administrators Association (NASAA), securities regulators announced launching dozens of investigations into potentially fraudulent cryptocurrency investment products. According to <a href=\"https://www.washingtonpost.com/news/the-switch/wp/2018/05/21/state-regulators-unveil-nationwide-crackdown-on-suspicious-cryptocurrency-investment-schemes/?noredirect=on&amp;utm_term=.df046a1b2c85\">The Washington Post</a>, this is the largest coordinated cryptocurrency crackdown to date by state and provincial officials of its kind.\r\n\r\nThe investigation dubbed “Operation Crypto-Sweep,” consists of “nearly 70 inquiries and investigations and 35 pending or completed enforcement actions since the beginning of the month.” The task force will be coordinated by the NASAA along with state and provincial regulators. The state agencies are aiming unregistered securities offerings that promise lucrative returns without adequately informing investors of the risks, as well as suspicious cases of ICOs.\r\n\r\nThe move came on the heels of a Wall Street Journal analysis of 1,450 cryptocurrency offerings that revealed rampant scams. There were at least 271 ICOs with red flags that include plagiarized investor documents, promises of guaranteed returns, and missing or fake executive teams.\r\n\r\nCryptomartez <a href=\"https://www.cryptomartez.com/2018/05/us-sec-sets-fake-ico-howeycoins.html\">reported</a> last week that the US Securities &amp; Exchange Commission set up a fake ICO website, HoweyCoins.com, to increase awareness of the typical warning signs of scam ICOs. The fake website represents a classic example of a fraud ICO site that touts an “all too good to be true investment opportunity.”<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://www.cryptomartez.com/2018/05/us-regulators-operation-crypto-sweep.html</em><hr/></center>",
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      "body": "<center>https://www.cryptomartez.com/wp-content/uploads/2018/05/bitshares.jpg</center> <br />BitShares (BTS) is a decentralized exchange platform for trading digital currencies without leaving the <a href=\"https://www.cryptomartez.com/2018/05/bahrain-vehicle-storage-blockchain.html\">blockchain</a> network. BitShares is trustless, fast, and able to scale with use. BitShares is a decentralized exchange platform aiming to destabilize the way we currently buy and sell cryptocurrencies. Not content with users having to convert to fiat currencies (like USD and EUR) in order to stabilize their investments, BitShares has created an exchange platform built on the blockchain.\r\n<h3>What is BitShares?</h3>\r\nBitShares is an investment currency with its own digital currency, BTS. With BitShares, users can trade and invest in an essentially unlimited list of assets while taking advantage of the blockchain’s security. BitShares has the features you expect from a traditional trading platform, but with the added advantages of cryptocurrency and blockchain technologies, such as decentralization.\r\n\r\nIt used to go by the name ProtoShares (with PTS tokens) and is a peer-to-peer distributed ledger plus network. Dan Larimer, who co-founded Cryptonomex, EOS, and Steemit, created BitShares in 2014. With BitShares, users utilize BTS tokens as collateral for a range of decentralized financial services, such as currency rails, derivative creation, banking, smart contracts, and decentralized exchanges.\r\n\r\nThe traditional way of buying and selling cryptocurrencies on an exchange is to convert your coins to and from fiat currency. This means that every time you want to buy or sell cryptocurrencies, you lose the anonymity inherent in the cryptocurrency and blockchain platform.\r\n\r\nWhile centralization is understandable (exchanges have a need to tie cryptocurrency prices to real-life assets like USD or gold), there is also the need for a more decentralized, anonymous system, and that’s where BitShares comes in. The BitShares blockchain platform allows users to convert their cryptocurrencies to stable assets by converting those coins into another cryptocurrency whose value is pegged to a real-life asset (for example, BitUSD is tied with the value of USD).\r\n\r\n<img src=\"https://www.cryptomartez.com/wp-content/uploads/2018/05/bitshares-price-graph.png\" alt width=\"621\" height=\"600\" /><br>\r\n<h3>What Is Graphene?</h3>\r\nGraphene serves as the basis for BitShares. Graphene is an open source C++ implementation of the blockchain that also serves as a consensus mechanism. Graphene has also seen real-world usage via Steemit.com and PeerPlays.com.\r\n\r\nBecause BitShares is based on Graphene, it has the same scalability as that blockchain implementation. Graphene can handle as much as 100,000 transactions per seconds. With this figure, BitShares can handle more transactions each second than MasterCard and VISA combined.\r\n<h3>Where to buy, sell and trade BitShares</h3>\r\nBTS can be purchased on the BitShares Exchange itself by trading it for another digital currency, however, it is as well available on the following exchanges: Binance, Poloniex, Gate.io, ZB.com, LiveCoin, AEX, Cryptopia.\r\n<h3>How is BitShares different from Bitcoin?</h3>\r\nBTS differ from Bitcoin in a number of ways, its main goal is not to be a peer-to-peer cryptocurrency, but a full-fledged exchange system with value tokens (such as BitUSD or BitGold) tied to real-life assets.\r\n\r\nThe BitAsset\r\n\r\nOnline exchanges are centralized systems. The database is stored on servers controlled by the exchange alone, and you need to create verified accounts to use its services, usually involving scanning your passport or driving license. Bitcoin and altcoins are still relatively young concepts and still suffer from wild swings. For this reason, there remains a need for a way to convert cryptocurrencies into a stable asset – often USD. Exchanges serve this need by allowing users to buy and sell cryptocurrencies by converting from and to USD, EUR, and most other common fiat currencies.\r\n\r\nBitAssets are BitShares’ answer to this. A BitAsset is a coin pegged to a real-life asset. Its value mirrors that real-life asset’s value. For example, the BitAsset BitUSD follows the value of USD. This way, you can convert your BTS into BitUSD, the same way you would convert BTS to USD, without leaving the blockchain itself. This keeps your anonymity, is instantaneous and costs less in transaction fees.\r\n<h3>Using BitShares to transfer money</h3>\r\nTo transfer BTS works just like other altcoins, all one needs is a BTS compatible wallet. Follow the following process\r\n<ul>\r\n \t<li>Scan or enter the recipient’s address in your wallet. First, you will need a public wallet address provided by the recipient of your BTS. This can either be an address of letters and numbers or a QR code that you can scan.</li>\r\n \t<li>Enter the amount of BTS and send. After entering the previously agreed-upon amount of BTS into your wallet, and confirming that you have the necessary funds, simply send over the coins. The transaction will be received instantly and verified in a few minutes.</li>\r\n</ul>\r\n<h3>How to get BTS</h3>\r\nYou can accept BTS s payment for goods and services. Though BTS is not widely adopted yet by merchants and users, nothing stops you from accepting BTS as payment for products and services if you’re an online merchant or service provider.<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://www.cryptomartez.com/2018/05/bitshares-ultimate-beginners-guide.html</em><hr/></center>",
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      "body": "<center>https://www.cryptomartez.com/wp-content/uploads/2018/05/Fred-Wilson-Responses-to-Warren-Buffet’s-Comment-on-Bitcoin.jpg</center> <br /><ul>\r\n \t<li>Fred Wilson has openly responded to Warren’s claim on Bitcoin.</li>\r\n \t<li>He said Warren hates Bitcoin and didn’t do a proper research on the cryptocurrency.</li>\r\n</ul>\r\nBarely a week after Chamath Palihapitiya <a href=\"https://cryptona.co/chamath-palihapitiya-condemns-buffett-bitcoin/\">countered</a> Warren Buffett's recent offensive remarks on Bitcoin claiming that “not everybody is right all the time,” Fred Wilson, a legendary venture capitalist has also issued an open response to counter Warren’s recent remark.\r\n\r\nSpeaking at the Berkshire Hathaway annual shareholders’ meeting earlier this month, <a href=\"https://www.cryptomartez.com/2017/11/warren-buffett-value-of-bitcoin-is-just-a-joke.html\">Warren Buffett</a> remarked that Bitcoin is \"probably rat poison squared\" and that Bitcoin “is creating nothing.” To this, Fred Wilson, founder of <a href=\"http://ccn.com/tag/union-square-ventures\">Union Square Ventures</a>, claimed Warren has not carried out his research on Bitcoin properly.\r\n\r\nFred, during the Consensus 2018 conference in NYC, stated that the true value of the Bitcoin ecosystem would accrue to the protocol itself and not the businesses that build on the cryptocurrency. He said that Warren has not “taken the time to really understand what’s going on….” Fred added that some of the current valuations of existing cryptocurrencies are inflated, and this does not represent a good deal. Fred said he thought regulators would have taken a better step by controlling cryptocurrency, which would bring some success, he said clamping down cryptocurrency or trying to undo the work that has already been done is like trying to “put the genie back in the bottle.”\r\n\r\nWarren’s remark has drawn lots of critiques, not only from bitcoin enthusiasts but from well-known businessmen and venture capitalists like Fred himself. Chamath Palihapitiya was one of them.\r\n\r\nFollowing the annual meeting, Fred posted an open letter on his AVC blog, and also made an open response while speaking this week at the annual Consensus conference. Fred said that Warren hates Bitcoin because of the lack of cash flow for the underlying networks. He hinted that Warren prefer to invest in a tangible business, and because the decentralized nature of Bitcoin does not provide any underlying business that Warren can invest in, that is why Buffett disliked the Bitcoin idea.\r\n\r\nAre you in support of Fred Wilson’s response to Warren Buffet? Tell us in the comment box.<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://www.cryptomartez.com/2018/05/warren-buffett-wrong-bitcoin-fred-wilson.html</em><hr/></center>",
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      "body": "<center>https://www.cryptomartez.com/wp-content/uploads/2018/05/LITEX.png</center> <br />On the way to mainstream adoption of cryptocurrencies, issues like instant micropayments must first be addressed. This is the problem LITEX was born to solve. It will be your cryptocurrency asset to everything, enabling instant micropayments that charge really low transaction fees. Listed on <a href=\"http://bit.ly/2JjeuWO\" target=\"_blank\">HADAX</a> and going at the <a href=\"https://www.hadax.com/assetintro/#lxt\" target=\"_blank\">rate</a> of 1 ETH = 26,667 LXT.\r\n\r\n<a href=\"http://litex.io/\" target=\"_blank\">LITEX</a>, a decentralized application (DApp), is built on the LTXN (LITEX Network). The project is focusing more on acceptance and application so that more merchants would be willing to accept crypto for their goods and services. As more nodes join the LTXN token system, it would make millions of transactions per second possible. How wonderful would it be to pay your next rent or buy your next cup of coffee with crypto? The rent amount would likely be substantial when compared with the coffee amount. Lumping the issues of transaction fees and confirmation time, using crypto for micropayments like purchasing coffee would seem impracticable. This is where LITEX has come to make seeming impossibility possible.\r\n\r\n<img src=\"https://www.cryptomartez.com/wp-content/uploads/2018/05/LITEX-Structure.jpg\" alt=\"LITEX\" width=\"720\" height=\"780\" /><br>\r\n\r\nOne crucial element in the LITEX project is the use of smart contracts for ensuring the stability and security of crypto assets. Moreover, projects desirous of locking funds for stipulated timelines and involving different crypto assets resort to smart contracts. With the funds locked, there would be no issue of capital loss. \r\n\r\nRather than a roadmap, the LITEX project designed a <a href=\"http://litex.io/wp_en.pdf\" target=\"_blank\">system architecture</a>. A specialized protocol known as the Bolt is being used for the LTXN system. Acquiring parties can be connected to the system for data collection that would aid the better future development of the DApp. Currently, LITEX is in beta mode, with crucial tests being run. As improvements are made to the DApp, its SDK will be updated to reflect new developments.\r\n\r\n<img src=\"https://www.cryptomartez.com/wp-content/uploads/2018/05/LITEX-Features.jpg\" alt=\"LITEX\" width=\"720\" height=\"432\" /><br>\r\nIn charge of behind the scenes of LITEX is Guanghong Xu, a PKU alumni who has under her belt at least 22 years worth of multidisciplinary technological experience. She works with several other highly experienced team members and advisors. Notable advisors include Jeffrey Wernick, serial entrepreneur and early crypto investor, who will be speaking at this year's Blockchain Festival Vietnam.\r\n\r\nSolving the fundamental issues of speed and micropayments is crucial if the cryptosphere is to become truly decentralized and global.<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://www.cryptomartez.com/2018/05/litex-decentralized-payment-for-instant-micropayments.html</em><hr/></center>",
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      "body": "<center>https://www.cryptomartez.com/wp-content/uploads/2018/05/DATx.jpeg</center> <br />Living in today's world has taken a fundamental shift from analog to digital. This also extends to advertising as majority spend their waking hours on the internet. Whatever one does on the digital landscape, the common denominator is that data is involved. This data is used for digital advertising. In the wake of Facebook data and advertisement scandal and considering that producers of these data rarely have control over their data, blockchain's transparency and ownership features brings some respite. Using blockchain to disrupt digital advertising is the noble goal DATx is set to achieve. DATx is “a revolutionary <a href=\"https://www.datx.co/\" target=\"_blank\">digital advertising</a> terminal powered by blockchain.”\r\n\r\nDATx is working on developing an hybrid data storage that supports both centralized and decentralized models. Hybrid model would bring about stronger user privacy and security. Transparent machine learning algorithms will be used in DATx advertising terminal, thereby resulting in a higher ROI and marketplace efficiency. With DATx, users producing data used for advertising will be in full control of their data. They can also choose to or not to sell their data. The user attention based incentivization will have opt-in and closed-loop feedback mechanism. Most importantly, a blockchain based advertising terminal means there would be an audit trail to monitor flow of funds and prevent fraud.\r\n\r\n<img src=\"https://www.cryptomartez.com/wp-content/uploads/2018/05/DATx-1.jpeg\" alt=\"DATx\" width=\"800\" height=\"800\" /><br>\r\n\r\nLike any focused company, DATx has a total of four core values which guide its modus operandi. The first and most important of them all is that data creator should have the fundamental ownership of data and digital advertising platform should not violate data privacy. Second core value states that digital advertisement should be personalized and user should have an effective feedback mechanism. Third core value says user attention should be rewarded and hence be a critical input of the machine learning algorithms. Final core value says, digital advertising platform should be fraud-less and with better payment transparency.\r\n\r\nUsing smart contracts, DATx will be able to automatically pay users for making their data available for advertising or for even consenting to being advertised to. Transparency means that all proceeds from advertising is made available for auditing. According to the roadmap published on the site, a DATx compatible advertising platform called Avazu will be launched this 2nd quarter of 2018. Over the coming months, other milestones will be reached, all focusing on growing the ecosystem, enhancing value creation and optimizing profit for both users and publishers.\r\n\r\nOn DATx advisory team includes notable figures like Patrick Dai, founder of Qtum; David Su, managing partner of Matrix China; Chen Yukun, founder and CEO of NewsDog; and several others. The Cosima Foundation is currently charged with maintaining this project and seeing to its successful fruition.\r\n\r\n<img src=\"https://www.cryptomartez.com/wp-content/uploads/2018/05/Blockchain-Festival.png\" alt=\"Blockchain Festival\" width=\"555\" height=\"265\" /><br>\r\n\r\nSitting on a panel discussing \"Disrupting Content &amp; Advertisement Block by Block\", DATx will be making a show at the upcoming <a href=\"http://www.blockchainfestival.com\" target=\"_blank\">Blockchain Festival Vietnam</a>. Fellow panelists include: UUNIO, BigBom Eco and AirBloc.<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://www.cryptomartez.com/2018/05/datx.html</em><hr/></center>",
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      "body": "<center>https://www.cryptomartez.com/wp-content/uploads/2018/05/Cryptocurrencies.jpg</center> <br />Even though we have witnessed much mainstream media coverage recently with <a href=\"https://icowatchlist.com/blog/category/cryptocurrency/\">cryptocurrencies</a>, still a sizeable percentage of the world population have not ventured the use of them.\r\n\r\nWith a market capitalization inching close half a trillion dollars and being in existence for about a decade, one would assume that adoption and usage would have been somewhat mainstream by now. The truth however is that a greater percentage of people are beginning to understand and use cryptocurrencies in comparison to its early stage of inception as the concept and usability gets simpler by the day – irrespective of this, it is still not yet simple enough for the larger world to understand. The following are some factors that have contributed to hindering the wider adoption of cryptocurrencies;\r\n\r\n&nbsp;\r\n\r\n<strong>Cryptocurrencies are difficult to spend – </strong>The biggest obstacle to the uptake of cryptpocurrencies into the real economic is that few gateways and outlets allow the use of them for direct purchase of goods and services at the moment. This more often-than-not leads crypto holder having to convert their digital currencies back into fiat (mainstream currency) before making purchases.\r\n\r\nRecently however, several online platforms and some physical stores are beginning to accept direct payments in cryptocurrencies (especially Bitcoin, Ethereum and Litecoin) and it is rumoured that some internet giants like Amazon and Facebook are looking to allow cryptocurrency payments in some time to come.\r\n\r\n&nbsp;\r\n\r\n<strong>Cryptocurrencies are too abstract – </strong>Newbies to cryptocurrencies usually find the very concept of their operations to be out-of-the-norm; this becomes even more pronounced when they have to convert from satoshis to BTC and even convert Bitcoin decimal places into fiat or fiduciary currency. Some people even imagine that since Bitcoin is called a ‘coin’ it is expected that there should be some physical coins somewhere that can be seen and touched – people are still trying to come to terms with the idea that cryptocurrencies are hundred percent virtual and are not even physical coins to begin with.\r\n\r\n&nbsp;\r\n\r\n<strong>Cryptocurrencies are volatile – </strong>in the year 2017, the price of Bitcoin rose by about 2000%, Ethereum by about 10,000%. In between these however, the prices fluctuated, sometimes steeply enough to cause a panic attack. This has also led many to shy away from venturing the space. A lot of people are also further ill-informed by mainstream media about cryptocurrencies and are in perpetual panic-mode with regards to these new digital currencies.\r\n\r\nCryptocurrencies’ rampant volatility makes quite a number of people very sensitive and in panic they sell at the dip and make a loss. Even though many people hear the saying “buy low, sell high,” most people follow ‘the mentality of the crowd’ and do the opposite. With time people will better understand that digital currencies are still pretty much in their nascent stages and will learn to be more patient and HODL (hold) even in the face of temporary price drops.<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://www.cryptomartez.com/2018/05/3-reasons-cryptocurrency-still-not-gone-mainstream.html</em><hr/></center>",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://themerkle.com/what-is-bridgecoin/",
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      "body": "<center>https://www.cryptomartez.com/wp-content/uploads/2018/05/BridgeCoin.png</center> <br />With so many different cryptocurrencies and blockchains in existence, a rather uneasy situation is created. While every individual ecosystem has the right to exist, it is evident communication between all of these projects is something worth pursuing as well. This is why BridgeCoin (BCO) was created, as it will bridge the gap between various cryptocurrencies. Moreover, the native BridgeCoin currency will help realize the blockchain revolution so many people are waiting for.\r\n<h3>Why Does BridgeCoin Exist?</h3>\r\nEven though there is seemingly no issue with liquidity in most <a href=\"https://www.cryptomartez.com/2018/05/10-best-cryptocurrency-wallets-android-users.html\">cryptocurrency</a> markets, things can always improve. BCO aims to bridge the gap between currencies in terms of liquidity, scaling, price discovery, and even arbitrage. With its own native currency and platform, this project aims to make a major impact on the cryptocurrency industry in the future. Doing so is not as easy as one may think, though.\r\n<h3>BridgeCoin’s Features</h3>\r\nThere are several advantages to using the BridgeCoin platform. First of all, there is a strong focus on community-building and skillful coding. Even though the same can be said for most major cryptocurrencies, coding sometimes leaves something to be desired. Moreover, the communities behind some currencies are pretty fractured right now, which is something BCO wants to address as well.\r\n\r\nThe project comes with its own decentralized exchange, high liquidity, convertibility, and price discovery. Furthermore, the focus on arbitrage is something a lot of cryptocurrency price speculators will enjoy. Right now, there are a lot of arbitrage opportunities in the cryptocurrency world, yet few people can take advantage of them due to certain restrictions. It will be interesting to see how BridgeCoin plans to tackle that problem.\r\n\r\nMoreover, the team is confident they can provide scaling solutions and multi-platform support in the future. Combined with fast transaction confirmations, it quickly becomes evident BridgeCoin has some very ambitious plans. Translating all of these fancy words into working code will be something else entirely, though. There’s still a lot of work to be done, even though the CryptoBridge decentralized exchange went live a few months ago.\r\n\r\n<img src=\"https://www.cryptomartez.com/wp-content/uploads/2018/05/bridgecoin-price-graph.png\" alt=\"bridgecoin price graph\" width=\"621\" height=\"600\" /><br>\r\n<h3>What is the BridgeCoin Currency?</h3>\r\nThe BridgeCoin currency is a scrypt-based mineable currency which was created to fund the development of the CryptoBridge decentralized exchange. Once the platform comes out of beta, 50% of all profits generated by this decentralized exchange will be distributed to participating BridgeCoin holders. Therefore, owning this currency is, in fact, an investment in the future of this decentralized exchange first and foremost. Profits are calculated weekly and distributed evenly to users who stake their BCO on the exchange. BridgeCoin is currently sold for about $3.04.\r\n<h3>What Comes Next?</h3>\r\nFor now, the focus is entirely on the CryptoBridge decentralized exchange. We can expect support for CryptoNote-based coins as well as a multi-signature federated protocol. Decentralized margin trading will be enabled next month, with a decentralized bond market to follow in August of this year. BridgeCoin itself will not undergo any major changes, as the mining process is still ongoing and staking coins on CryptoBridge is still possible as of right now.<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://www.cryptomartez.com/2018/05/bridgecoin-ultimate-beginners-guide.html</em><hr/></center>",
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      "title": "What is Bridgecoin (BCO)? The Ultimate Beginners Guide"
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