Ethereum

Bityard Has Now Officially Launched – Register Now and Earn 258 USDT for Free

08/04/2020 by Idelto Editor

You’ve heard it first here, Bityard, the world’s leading digital contract trading platform, has officially launched. According to industry authoritative sources, Bityard has received a strategic investment from a US hedge fund worth 10 million dollars, creating a precedent in the industry for complex contracts and simple transactions. At Bityard, our ambition is to foster research and development of relevant forward-looking technology, overseas market expansion, and ecological construction of our brand name.

Bityard was founded in November 2019 and is headquartered in Singapore. It is the world’s leading digital currency contract trading platform, regulated by the American Money Services Businesses, Singaporean Accounting and Corporate Regulatory Authority (ACRA), and the MTR of Estonia for the European Union. In Southeast Asia, Bityard will strive to keep up with local digital asset market demand, especially with regards to government-driven blockchain trends. Not only has Bityard attracted attention with secure, simple, and fast digital contract transaction services, but we have also acquired a Thai boxing champion as a brand ambassador of Bityard. He will continue to set off waves of attention in his home country and beyond.

The more turbulent the years, the more volatile the cryptocurrency market. While everyone was still discussing the third halving of the market, the “black swan” event, coughed forth by the fears of the Coronavirus, ruthlessly cut the price of all cryptocurrencies in half, followed by a quick rebound from the lowest point by more than 60%. Contract purchases inevitably will become this year’s most competitive main battlefield on exchanges. As a new entrant, the founder of Bityard knows clearly that in order to gain a solid placement in the highly competitive contract market, innovation must be achieved.

Community of Hidden Potential: Those Who are Eager For “Simplified Transactions”

After much research, it has been found that in the increasingly mature digital currency market, a consumer group with high potential has solidified. They all agree on the concept of contract trading and expect to use leverage to magnify the benefits, but for this group of consumers, contract transactions are complicated. To avoid liquidation, they hesitate to participate in any such transactions. In view of the large number of potential users in the cryptocurrency community craving simple contract transactions and other derivatives, Bityard came in to existence.

Product Concept: Complex Contracts Simple Transactions

Bityard always adheres to the product concept of “complex contracts, simple transactions”, and aims to bring customers the ultimate simple operation experience. Reporters have learned through interviews with product management that the team has done a lot of work to get users up and running quickly.

Opening an account is simple: you only need to register with an email or mobile phone number, and you can become a Bityard user within 30 seconds.
Simplified topping-up: currently bityard supports the use of 6 mainstream digital currencies as a method of refilling a user’s account. Additionally, the Renminbi as well as the Vietnamese Dong are both supported, and there are plans to add more FIAT on-ramps in the future. There is also a system in place to allow transferring of funds between superiors and subordinates which is facilitated by agents.

Simple Trading: simplify the complex trading interface functions. Users can trade from as little as 5 USDT.

In order to provide a fulfilling customer experience, Bityard’s co-branded ambassador announced a fruitful launch of “daily mining” activities. Starting from today, after each user registration, you can get free Bitcoin, Ethereum, EOS, Tron, and more mainstream digital currencies for a value of up to 258 USDT. In addition, you can also get Bityard’s first platform currency BYD. After it has been listed its strengths will be well-established!

For more information consider registering an account at bityard today! Check out www.bityard.com and register an account for your experience and benefit.

Contact Email Address
[email protected]

Supporting Link
http://www.bityard.com

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher Premiums

07/04/2020 by Idelto Editor

Digital asset markets have been gathering some gains during the last few days and tokens like stablecoins have seen massive demand since the start of the market carnage. Alongside stablecoins, gold-backed digital assets like Tether Gold, Pax Gold, and Digix Gold have seen tremendous trade volumes as well. In fact, cryptocurrencies that claim to be backed by gold are selling for 1-5% above gold’s .999 per Troy ounce spot price.

Also read: Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy

Gold-Backed Crypto Assets Shine

Crypto assets are doing well on Tuesday following the rebound equity markets saw the day prior. In addition to digital currency markets, precious metals have been rising on April 7 as well. At the time of publication, the price of gold per Troy ounce is hovering around $1,654. Gold has been considered a safe-haven asset during these uncertain economic times that were sparked by the covid-19 outbreak. Similarly to crypto assets, gold prices took a hit on March 12 but gold values have regained those losses since then. There’s been a lot of demand for gold and reports have noted during the last two weeks that gold dealers have seen “big shortages of small bars and gold coins.”

“People want to buy, not to sell gold,” Mark O’Byrne, the founder of the firm Goldcore told the press on April 2. “We have a buyers’ waiting list and we emailed our clients seeing who wished to sell their gold. At this time there are roughly only one or two sellers for every 99 buyers,” O’Byrne added.

The demand for gold assets has found its way into the cryptocurrency industry as well. The number of projects that claim their tokens are backed by physical gold has seen increased buying and premiums in the last few weeks. Coins like Tether Gold (XAUT) and Digix Gold (DGX) are swapping for 1-5% above gold’s .999 per Troy ounce spot price. For instance, the XAUT token is selling for 1.5% more than spot prices on Tuesday. According to the firm Tether Limited, a full XAUT “represents one troy fine ounce of gold on a London Good Delivery bar.” With the current gold spot price trading for $1,654, a single XAUT is trading for $1,679 to $1,688 per token depending on the exchange used.

Digix Tokens Close to 5% Above Spot Gold

Then there’s the Ethereum-based gold project Digix with its DGX coin, a token that’s allegedly redeemable for 1 gram of gold per DGX. If one was to obtain a hair over 31 DGX on Tuesday, April 7, they would spend 4.47% more than gold’s spot price at $1,728 for the lot of 31.1 tokens. Pax Gold today is trading for a touch less than the spot price of gold as each PAXG is swapping for $1,651 per token. The company Pax Global claims that “every PAX Gold token is backed by an ounce of allocated gold.” Users who hold PAXG can utilize a tool that looks up the serial number and information about the physical gold’s source.

A number of other digital assets that allege to have physical gold backing are doing far better than the spot price of physical gold bars. Of course, obtaining real bars and coins made of gold are also carrying similar premiums. Local gold dealers are desperately contacting wholesalers to get their hands on smaller bars and coinage. While retail buyers are allegedly spending 10-15% more to get their hands on physical gold, it seems crypto tokens backed by gold are seeing similar premiums.

What do you think about the demand for tokens that claim to be backed by physical gold? Let us know in the comments below.

The post 5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher Premiums appeared first on Bitcoin News.

Cryptocurrency Now Accepted at Arkansas Jewelry Retailer

02/04/2020 by Idelto Editor

Diamond Gems Jewelry, in Jonesboro, AR has launched a new E-Commerce website accepting multiple forms of Cryptocurrency including Bitcoin, Bitcoin Cash, Dai, Ethereum, Litecoin, USD Coin and you can even pay using your Coinbase account.

• *11% of the American population owns the major cryptocurrency bitcoin (BTC), according to a new survey.

• Traditional credit and debit payments will also be accepted.

• Over 300,000 pieces of fine jewelry will be available for purchase along with unique pre-loved pieces as well.

In 2013, Larry Payton, a cryptocurrency & gold enthusiast, purchased the business and has been investing in its growth ever since.

Diamond Gems Jewelry recognizes the importance of customers having online access to their business to shop at their convenience, so they’ve invested in an incredible new ecommerce site.

Since 11% of Americans own Bitcoin, Diamond Gems Jewelry also recognized the need to offer the option for their customers to pay with Bitcoin as well as other popular forms of cryptocurrency.

“Offering our customers the convenience of cryptocurrency payments for our gorgeous jewelry is going to be a game changer.” – Marketing Director, Vanna Headley said.

“Whether you’re looking for the perfect engagement ring for the love of your life, a gift for a friend, a luxurious watch or anything in between, Diamond Gems Jewelry has a beautiful selection to accommodate anyone’s wish list.”

*Source: https://cointelegraph.com/news/11-of-americans-own-bitcoin-major-awareness-increased-since-2017

Contact Email Address
[email protected]

Supporting Link
https://diamondgemsjewelry.com/

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Coronavirus Fuels P2P Connectivity: Crypto-Driven Meshnet Gives Rural Towns Internet

02/04/2020 by Idelto Editor

While the coronavirus wreaks havoc on the economy across the U.S., a number of the 1,737 residents from Clatskanie, Oregon can’t obtain an internet service provider (ISP). The situation has motivated the town to adopt a decentralized meshnet ISP called Althea and the network’s users are paid in cryptocurrency for relaying.

Also read: Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years

Oregon Residents Connect to Decentralized Internet Service Powered by Crypto

The recent events unfolding worldwide has made people aware that the internet is a resourceful tool when it comes to sharing information during a pandemic. There are lots of areas worldwide with limited internet resources and internet service providers (ISPs) that can take care of people’s connectivity needs. In various rural regions in the U.S., ISPs are hard to come by and the ones that do offer services to remote areas often charge astronomical prices. Right now, as the covid-19 outbreak ravages the American economy, some residents from Clatskanie, Oregon can’t access the internet due to the lack of ISPs. The connectivity issues have caused some Clatskanie residents to start using a decentralized meshnet service. People in the town are leveraging a meshnet solution called Althea which lets routers pay each other for bandwidth.

Essentially, a mesh network (meshnet) is a local network topology that allows people to relay and share bandwidth and route data from/to other participants. If the network grows stronger, it can operate in a non-hierarchical fashion and the more cooperation the better the network will perform. Althea’s meshnet service provides people with the incentive to host decentralized ISPs in any community, rather than relying on the monopolized services provided by cable and fiber-optic providers.

Users leveraging the Althea network can earn money by collecting payments for expanding the network. Althea users can accept two cryptocurrencies at the moment, which includes DAI and ETH. The creators of the Althea network say in the future they will be adding support for other digital assets as well. In fact, digital currencies play an important role within the Althea framework as the white paper states:

Althea allows routers to pay each other for bandwidth using cryptocurrency. An important architectural detail is that nodes only pay neighbors for forwarding packets. On top of this pay-for-forward network, we build a system allowing consumers to pay for internet access. Althea is intended to be used in local mesh networks.

The Tacoma Cooperative Network and Clatskanie Co-op

Clatskanie, Oregon residents are not the only ones using the Althea system in the U.S., as citizens from Tacoma, Washington also use the Althea network. For instance, the Tacoma Cooperative Network (TCN) had shown a resident named David how to set up Althea, as he was only getting an 8Mbps internet connection. With high-speed 600ghz antennas, Althea users can get up to 200-400 Mbps. David then signed up 6 of the 12 houses on his block, who now share bandwidth with him over Althea’s network. According to Althea, TCN is an Althea organizer that helps residents get connected to the decentralized meshnet system.

A registered nurse from Clatskanie, Shannon Garcia was forced to work at home recently due to the adverse effects of the coronavirus. However, the small cattle ranch town has always had issues with ISPs and she needed internet access to talk with her patients via video calls. Garcia got Althea to start setting up shop in Clatskanie and she and other residents in the town have been able to get online since then. In addition to Oregon and Washington, Althea is also located in Denver, Colorado, and Nigeria as well. The Althea team plans on expanding to other countries like Ghana and a few other states in the U.S.

The Althea network is not the only project that has attempted to fuse the concept of mesh networks and cryptocurrencies together. Projects like Bitcoinwifi, Bitmesh, and BEWP have all tried to leverage cryptocurrencies as an incentive to share bandwidth. The covid-19 economy has kick-started the Althea network into high gear in Clatskanie. This is because the town only has one fiber connection throughout the entire region, making things difficult for households to connect. Instead of paying centralized mobile networks $150 per month for internet services, the town set up a legal cooperative called the Clatskanie Co-op.

Moreover, the Althea network’s Clatskanie says that a few residents are investing thousands to set up tower equipment as a “side hustle.” The tower equipment will allow the individuals to make more money going forward by providing far more bandwidth than the average relayer.

What do you think about the Althea network? Let us know in the comments below.

The post Coronavirus Fuels P2P Connectivity: Crypto-Driven Meshnet Gives Rural Towns Internet appeared first on Bitcoin News.

Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years

01/04/2020 by Idelto Editor

The Microsoft subsidiary, Github recently revealed the “Archive Program,” an initiative that aims to preserve open source technologies for 1,000 years. The newly launched effort plans to store snapshots of open source technology 250 meters underground on the Norwegian island of Svalbard. The source code management and collaboration platform also plans to store the Bitcoin Core software. Archivists will etch the blockchain network’s code on film reels and encase the project in a steel capsule.

Also read: US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say

Bitcoin Codebase and Other Open Source Crypto Projects Will be Stored Underground in a Time Capsule

Github plans to store the Bitcoin Core codebase within the depths of a mountainous region located in Norway. The project is a time capsule concept and Github is calling it the Archive Program. The program’s main goal is to store a number of open source technologies underground for 1,000 years so humans can access them in the future. Github says the mission of the program is to “preserve open source software for future generations.” The announcement reads:

The company is also partnering with the Long Now Foundation, the Internet Archive, the Software Heritage Foundation, Arctic World Archive, Microsoft Research, the Bodleian Library, and Stanford Libraries to ensure the long-term preservation of the world’s open source software. We will protect this priceless knowledge by storing multiple copies, on an ongoing basis, across various data formats and locations, including a very-long-term archive designed to last at least 1,000 years.

The Bitcoin Core repository will not be the only cryptocurrency-based repo added to Github’s time capsule initiative. A slew of other blockchain projects will be stored as well including the Ethereum and Dogecoin codebase and the Lightning Network. The company’s collaborating with Github believe in archiving software across various forms of ephemeral media and hosting platforms. The scheme is called “LOCKSS,” which stands for “Lots Of Copies Keeps Stuff Safe.” In order to ensure the safety and longevity of codebases like Bitcoin Core, the program will include “much longer-term media to address the risk of data loss over time.”

The Archive Program Hopes Future Historians Can Access Open Source Software Without Worrying About Lost Tech and Abandoned Code

There’s a significant history of events that show lost technologies and abandoned code can lead to catastrophe. The Archive Program aims to stop mistakes that society has seen in the past like the Saturn V blueprints, anti-malarial DFDT, and Roman concrete. “Like any backup, the GitHub Archive Program is also intended for currently unforeseeable futures as well,” the announcement highlights.

“Future historians will be able to learn about us from open source projects and metadata,” the Archive Program website reads. “They might regard our age of open source ubiquity, volunteer communities, and Moore’s Law as historically significant. We are already partnering with Stanford Libraries to help archive curated repositories along with the cultural and other context in which they are set, as key elements of wide-ranging historical and social research and analysis,” Github added.

After the announcement, software developers and cryptocurrency proponents discussed the topic on social media and forums. “[The Archive Program], and cockroaches, will be around long after the coronavirus kills us all,” one person jokingly tweeted. Seeing how the announcement was revealed on April 1, some people thought the news was an April Fool’s Day joke as well.

What do you think about Github storing the Bitcoin Core protocol for 1,000 years? Let us know in the comments below.

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