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Re-Launching The Borderless, Unkillable Crypto-Fiat Gateway, DAIHard. Enter or Exit Crypto via Any Fiat and Any Payment Method, Anywhere in the World, Without KYC. All you need is a little Dai.

Some of you might recall recall our initial facepalm failed launch about 3 months ago (post-mortem here). Well, we're back--this time with an audit and some new features. This version of DAIHard should should die a little harder this time ;)

The Audit

After shopping around a bit in the auditor space, we decided to go with Adam Dossa--the very same Adam Dossa that actually found our launch vulnerability and responsibly disclosed it to us! You can see his report here. By the way, Adam has been a gem: friendly, professional, timely, and flexible. Definitely keep him in mind if you need an audit!

(Re)Introducing DAIHard

Following is an updated version of our original launch post. If you've already read that, you might want to skip to the heading What's New in v0.9.2. Or you can go straight to the app or go to our info site for more info!
Here is a legitimate concern most of us are familiar with:
To enter or exit the crypto economy, we rely on centralized exchanges such as Coinbase, which track their users, impose limits, and are tightly coupled to their jurisdiction and its banking system. And for all we know, any day now regulations could start tightening these controls further (*we've actually seen some of this play out in the two months since our first launch post). In light of this, can we say in any meaningful sense that crypto is anonymous, limtiless, borderless, immune to regulation, and (most importantly) unstoppable?
To really address this concern, we need a completely decentralized gateway between fiat and crypto: something that extends the benefits of crypto to the very act of moving between the old and new economies. But the design of such a platform is far from obvious.
(Localethereum comes close, but as discussed under Unkillable, it doesn't quite cut it. And Bisq is decentralized, but has significant UX hurdles.)
We believe we've found a solution. We are proud to present:

DAIHard v0.9.2 - Almost Definitely Not Broken This Time

If you want to jump right in, we recommend first watching our latest usage demo (7 min), then diving in and giving it a shot with a small amount of Dai. (Try it on Kovan first if mainnet is too scary!)
DAIHard extends many of the promises of crypto (borderless, anonymous, limitless, unstoppable) into the exchange mechanism itself, allowing anyone, anywhere to bypass centralized exchanges and the control they impose.
More concretely, DAIHard is a platform, run on smart contracts, for forming one-off crypto/fiat exchanges with other users, in which:
Again, our latest usage demo (7 min) shows this process in action.

Two drawbacks

You Need either xDai, or both Dai and Ether, to Use The Tool (At Least For Now)

If you want to buy Dai on DAIHard, you must already have Dai--1/3 of the amount you want to purchase--to put up as a burnable deposit. For example, if you only have 10 Dai now, you can only commit to buying 30 Dai, and must complete that trade before using the newly bought Dai to open up a bigger offer (for up to 120 Dai that time).
Most tragically of course, this means that if you don't already have some crypto, you can't use this tool to get crypto--this is why we avoid calling DAIHard an onramp specifically. This comes from the fact that both parties must have "skin in the game" for the game theory to work, and a smart contract can only threaten to burn crypto.
We have some ideas on how to address this drawback in the not-too-distant future, which we'll write about soon. For now it's time to launch this thing and get some users!

Dangerous and Scary To Use

In rare cases, a user may have to burn Dai and face a loss on the entire trade amount. The necessity of this ever-present risk is explained in detail in DAIHard Game Theory.
However, a cautious, rational user can gather information (possibly via our [subreddit](daihard)!) about how people have used the tool, successfully and unsuccessfully. They can then create a buy or sell offer with wisely chosen settings based on what has worked for others. Other cautious, rational users can find this offer and commit to the trade if they dare. We expect the vast majority of committed trades should involve rational, cautious users, and should therefore resolve happily.
Still, inevitably there will be sloppy trades that result in burns. As the tool is used, we'll be keeping a close eye on the frequency of burns and keeping you guys updated (perhaps via a "System Status" utility similar to the one found on MakerDao's explorer). In the end, though, we expect the risk in using DAIHard to be comparable to the risk of using any exchange or DNM: ever-present but low enough for the platform to be useful as whole.
So, while DAIHard will never shut down and can't perform an exit scam, the bad news is it's not risk-free. Users will have to approach DAIhard with the same level of caution they would with any new exchange (albeit for different reasons and with a different approach).
So what's the good news?

The Good News

While these drawbacks are significant, they enable some remarkable features that no other crypto/fiat exchange mechanism can boast.

Unkillable

(Correction: Bisq seems to have a decentralized arbitration system)
We are aware of no other crypto/fiat exchange platform that is truly unkillable. Bisq and localethereum comes close, but both localethereum relies on centralized processes of arbitration. This means their fraud-and-scam-prevention system can be sued, jailed, or otherwise harrassed--and if that part stops working, it doesn't matter how decentralized the rest of the system was.
DAIHard, in contrast, gives the users the power to police and punish each other, via the aforementioned credible threat of burn. This is simple game theory, and the rules of this game are etched permanently into the DAIHard Factory and Trade contract code: impervious to litigation, regulation, and political pressure.
This Factory contract has no owner and no suicide or pause code. It cannot be stopped by us or anyone else.
Like Toastycoin, this thing was immortal the moment it was deployed (even more immortal than RadarRelay, for example, which does rely on an ownership role). Both DAIHard and Toastycoin (and probably whatever we build next) will last for as long as a single Ethereum node continues mining, and it will remain easy to use as long as someone can find the HTML/JS front-end and a web3 wallet.
(The HTML/JS front-end (built in Elm, by the way, with the lovely elm-ethereum!) is currently hosted on Github pages, which is centralized--but even if Github takes down the page and deletes the code, it's a minor step to get the page hosted on IPFS, something that is on our near-term roadmap in any case)

No KYC, No Limits

It's smart contracts all the way down, so DAIHard never asks any nosy questions--if you have Metamask or some other web3 wallet installed and set up, with some ETH and Dai (or just xDai), you can immediately open or commit to a trade. You don't even need a username!
(In fact, we're so inclusive, even machines are allowed--no CAPTCHA here!)
You're limited only by the collateral you put up, so if you have 10,000 Dai you could open up a buy offer for 30,000 Dai (or a sell offer for 10,000 Dai) right now.
We do reccommend trying the tool out first with a small amount of Dai... But we're not your mom! Do what you want!

Borderless

It simply doesn't matter where you are, because DAIHard doesn't need to interface with any particular jurisdiction or payment system to work. DIAHard works by incentivizing people (or robots?) to navigate the particular real-world hurdles of bank transfers, cash drops, or other fiat transfer methods. These incentives work whether you're in America, Zimbabwe, or the Atlantic; they work whether the fiat is USD, EUR, ZAR, seashells, or Rai Stones; and they work whether your counterparty is a human, an organization, a script, or a particularly intelligent dog with Internet access.

Any Fiat Type, and Highly Customizeable

Here are some examples of the types of trades you might create or find on DAIHard.
As the DAIHard community grows, users will doubtless find much more creative ways to use the system, and we will discover together which types of trades are reliable and which are more risky. Because users can set their own prices and phase timeout settings, we expect the risky trades to charge a premium or have longer time windows, while the reliable ones rapidly multiply at close to a 1:1 price ratio, with quick turnaround times.

Extensible (with profit) by Third Parties

Not satisfied with our interface? Do you have some nifty idea for how to display and organize user reputation? Or maybe some idea for how trades could be chained togeher? Maybe you'd like to design a notification system for DAIHard? Maybe you just want a different color scheme!
Well, you won't need our permission to do any of this. Any tool that watches the same Factory contract will share the pool of trades, regardless of which tool actually creates the trade. This means we don't even have to fight over network effects!
And if you look closely at our fee structure, you might notice that only half of the 1% DAIHard fee is "hardcoded" into the Factory contract. The other half is set and charged by our interface. What does this mean for you? If you go out and make a better interface, you can essentially replace half of our 1% fee with your own fee--it's up to you whether it's smaller or larger than the replaced 0.5%.
The reason for this is to explicitly welcome other developers to extend what we've built. For as long as our team is the only one improving the platform, a threat to us is a threat to future upgrades. But if others begin extending the DAIHard platform too, then DAIHard will not only be unstoppable as it is today, but also grow unstoppably.

(For Real This Time) This Is a Big Fucking Deal

DAIHard is a turning point in crypto and a breakthrough in decentralized markets, and is an irreversible augmentation of the Ethereum platform.
What we've built is a gateway to crypto completely devoid of centralized components--rendering entry and exit to crypto unkillable, flexible, borderless, and private. Centralized exchanges, and the control they impose, can now be bypassed by anyone with Dai and a web3 wallet.

What's New in v0.9.2

There have been many changes made since our first failed launch, but there are two rather important ones: xDai support and reputation tools.

xDai support

DAIHard is now operational on xDai, a sidechain whose native token (xDai) is pegged to the Dai (and therefore $1). Add the xDai network to your Metamask (or just install Nifty Wallet), then switch to the xDai network in your wallet, to try it out. xDai has some pretty incredible benefits, compared to vanilla Ethereum:

Reputation tools

We now have a few reputation tools. First, on any open trade, there is a widget showing the number of releases, aborts, and burns the given address has been involved in as that role (buyer or seller). Clicking on this expands the widget to show more detailed information, and also provides a link to a page that lists each trade this user has been or is involved in.

What's next?

We have tons of ideas on how to improve the product--too many, in fact, to commit to any before we get a good chunk of user feedback. Here are some of our favorite ideas:

Near-Term, Smaller Features

  1. Lots of usability improvements.
  2. A "System Status" utility similar to the one found on MakerDao's explorer).
  3. Marketplace / My Trades rework.
  4. A "QuickTrade" page, offering Trade Templates as an alternative to the current Create Offer page.

Big Exciting Features

  1. Bootstrapping people with no DAI via other mechanisms and community outreach.
  2. Partial commits to trades. eg. Place a 10,000 DAI trade and allow it to be picked up in blocks larger than 500 DAI at a time.
  3. More chains, get this thing working on Bitcoin via Rootstock, on Ethereum Classic and Binance Chain.

Stay Informed!

A lot of the above features will be prioritized more clearly as we get user feedback, and we will be posting fairly frequent updates and articles on our info site. If you don't want to miss anything, note the subscribe widget and sign up!
submitted by coinop-logan to ethereum [link] [comments]

What is GRS? A true All-in-One cryptocurrency backed by Grøstl-512 PoW algorithm

GRS is a Bitcoin-based Proof-of-Work cryptocurrency founded in March 2014 with 105M Max supply which uses Grøstl-512 https://en.wikipedia.org/wiki/Gr%C3%B8stl algorithm, a NIST hash function competition SHA-3 finalist. There are no ASICs known at the moment, and an alternative derivate of the algorithm is already developed to deploy on fork if an ASIC is ever created. It was the first cryptocurrency to implement Segregated Witness (SEGWIT) and to make a Lightning Network transaction in the mainnet.
The main features are: Instantaneous transactions, near-zero fee TXs, wallets for every platform, including iOS apple-approved wallets, all of which work flawlessly, Samourai wallets for hidden transactions and wallet funds. GRS also has the ability to make payments using SMS, without needing a mobile internet connection, and address protection, the blockchain does not accept non-valid addresses. Funds are prevented to get easily lost if a mistake is made in the address entry.
The development releases are done quarterly and is done on the 22nd of March, June, September and December. The team has a policy of never pre-announce announcements. All announcements not in the development release are announced on surprise. This has never been breached. All of what has ever been in the roadmap has been released fully and without delay. Next development released is expected to include Trezor and Ledger Hardware wallets and possibly the integration to Rootstock (RSK) smart contracts.
The coin development has never been through any kind of drama. Developers are active in the Telegram and community is pretty focused on technology and long-term real world adoption by sharing the word to merchants, as it is an Open-Source product ready for use which is gaining adoption by small merchants around the world.
The coin is currently valued at around $1.3 and has a market cap of around $94M. The circulation is now 69.9M and the main exchanges where it's traded are: Upbit (South Korea), Binance (Hong Kong, soon Malta) and Bittrex (U.S.A.).
Official Website: https://www.groestlcoin.org
Roadmap: https://www.groestlcoin.org/roadmap/
Bitcoin Announcement (ANN): https://bitcointalk.org/index.php?topic=525926.0
Telegram: t.me/groestl
submitted by the_chilean to altcoin [link] [comments]

What is GRS? A true All-in-One PoW cryptocurrency. The best and most useful payment cryptocurrency on the markets, backed by Grøstl-512 algorithm

GRS is finished and flawlessly working product, a Bitcoin-based Proof-of-Work cryptocurrency founded in March 2014 with 105M Max supply which uses Grøstl-512 algorithm, a NIST hash function competition SHA-3 finalist. There are no ASICs known at the moment, and an alternative derivate of the algorithm is already developed to deploy on fork if an ASIC is ever created. It was the first cryptocurrency to implement Segregated Witness (SEGWIT) and to make a Lightning Network transaction in the mainnet.
The main features are: Instantaneous transactions, near-zero fee TXs, wallets for every platform, including iOS apple-approved wallets, all of which work flawlessly, Samourai wallets for hidden private transactions and wallet funds. GRS also has the ability to make payments using SMS, without needing a mobile internet connection, and address protection, the blockchain does not accept non-valid addresses. Funds are prevented to get easily lost if a mistake is made in the address entry.
The development releases are done quarterly and is done on the 22nd of March, June, September and December. The team has a policy of never pre-announce announcements. All announcements not in the development release are announced on surprise. This has never been breached. All of what has ever been in the roadmap has been released fully and without delay. Next development released is expected to include Trezor and Ledger Hardware wallets and possibly the integration to Rootstock (RSK) smart contracts.
The coin development has never been through any kind of drama. Developers are active in the Telegram and community is pretty focused on technology and long-term real world adoption by sharing the word to merchants, as it is an Open-Source product ready for use which is gaining adoption by small merchants around the world.
The coin is currently valued at around $1.4 and has a market cap of around $97M. The circulation is now 69.9M and the main exchanges where it's traded are: Upbit (South Korea), Binance (Hong Kong, soon Malta) and Bittrex (U.S.A.).
submitted by the_chilean to groestlcoin [link] [comments]

Thoughts on GRS, a true all-in-one cryptocurrency.

GRS is a Bitcoin-based Proof-of-Work cryptocurrency founded in March 2014 with 105M Max supply which uses Grøstl-512 https://en.wikipedia.org/wiki/Gr%C3%B8stl algorithm, a NIST hash function competition SHA-3 finalist. There are no ASICs known at the moment, and an alternative derivate of the algorithm is already developed to deploy on fork if an ASIC is ever created. It was the first cryptocurrency to implement Segregated Witness (SEGWIT) and to make a Lightning Network transaction in the mainnet.
The main features are: Instantaneous transactions, near-zero TXs, wallets for every platform, including iOS apple-approved wallets, all of which work flawlessly, Samourai wallet for hidden transactions and wallet funds and also has the ability to make payments using SMS, without needing a mobile internet connection, and address protection. Blockchain does not accept non-valid addresses. Funds are prevented to get easily lost if a mistake is made in the address entry.
The development release are done quarterly and is done on the 22nd of March, June, September and December. The team has a policy of never pre-announce announcements. All announcements not in the development release are announced on surprise. All of what has ever been in the roadmap has been released fully and without delay. Next development released is expected to include Trezor and Ledger Hardware wallets and possibly the integration to Rootstock (RSK) smart contracts.
The coin development has never been through any kind of drama. Developers are active in the Telegram and community is pretty focused on technology and long-term real world adoption by sharing the word to merchants, as it is an Open-Source product ready for use which is gaining adoption by small merchants around the world.
The coin is currently valued at $1.5 and has a market cap of around $100M. The circulation is now 69M and the main exchanges where it's traded are: Upbit (South Korea), Binance (Hong Kong, soon Malta) and Bittrex (U.S.A.).
submitted by the_chilean to CryptoMarkets [link] [comments]

General info and list of exchanges for Metronome (MET)

Metronome About Features Owner's Manual Token Sale Wallet Team Media Kit FAQ Auction Metronome The Built-to-Last Cryptocurrency Self-Governance. Reliability. Portability. Buy Metronome How would you like to buy Metronome? 10See all download optionsor Buy With Your Own Wallet To make a purchase, send ETH to the address below. Make sure the address you use is that one. We recommend copying it or scanning the QR code.
Address 0x9d9BcDd249E439AAaB545F59a33812E39A8e3072
Scan Address
Bloomberg Coindesk New York Times Reuters Metronome ("Metronome" or "MET") is a new cryptocurrency focused on making greater decentralization possible and delivering institutional-class endurance.
Metronome builds off the lessons learned from previous cryptocurrencies and optimizes for self-governance, long-term reliability, and maximum portability. Built by leading figures in the space and supported by a diverse array of partners and advisors, Metronome is engineered to meet and exceed the high standards of the cryptocurrency community. In developing an enduring cryptocurrency, Metronome is founded on three key design principles:
SELF-GOVERNANCE with no undue influence from founders after initial launch and public access — contract governance starts at launch.
RELIABILITY and predictability where issuance and supply are immutable
PORTABILITY to enable maximum decentralization, even across different blockchains
As the first cryptocurrency capable of being exported and imported across chains, Metronome will be initially issued on Ethereum with Ethereum Classic, Rootstock on Bitcoin, and Qtum support expected to follow. Such portability will allow users to select the chain that suits their requirements for management and security, or even upgrade the MET contract if needed. Metronome's main goal is to be a built to last cryptocurrency, and portability furthers this goal by freeing Metronome from the fate of any one chain.
Metronome will not be controlled by any party after launch—not even its authors—as it is completely autonomous. Metronome authors plan to continue to help by building an ongoing open-source community to support developers and users, but Metronome authors will have no access or control after the initial auction.
Receive the latest updates from Metronome: Email Address
Owners Manual Like with any other asset or technology, it's important for users to know how Metronome works—the Owner's Manual , along with the documents and information referenced therein, is required reading for any Metronome owner.
Token Sale Terms Metronome will be offered to the public via an autonomous descending price auction. Its authors will receive a one-time retention of 20% (2 million) of the initial MET supply. 100% of the proceeds from the initial auction will be used to provide long term support for the community. The initial supply auction will last up to 7 days. After 7 days or when all MET in the initial supply are sold, the auction will end.
Pie Chart Auction Proceeds Pie Chart Timeline
03.01.2017 Metronome idea 05.24.2017 Partnership with New Alchemy formed 08.01.2017 Smart contract development begins 10.24.2017 Metronome website and Owner's Manual published June 2018 Metronome Initial Supply Auction Q3 2018 First cross-chain launch on ETC Team A project as advanced and ambitious as Metronome requires known, proven talent and leadership in cryptocurrencies—people who uniquely understand the engineering and marketplace challenges.
Jeff Garzik Jeff Garzik CEO & Co-Founder / Chief Designer
Matthew Roszak Matthew Roszak Chairman & Co-Founder
Peter Vessenes Peter Vessenes Chief Cryptographer
Ryan Condron Ryan Condron Principal Engineer
Troy Benjegerdes Troy Benjegerdes Principal Engineer
Jordan Kruger Jordan Kruger Data Scientist
Gabriel Montes Gabriel Montes Engineering Lead
Pablo Enrici Pablo Enrici Software Engineer
Ignacio Anaya Ignacio Anaya Software Engineer
Jaclyn Kramer Jaclyn Kramer Marketing
Dariusz Jakubowski Dariusz Jakubowski Community Advocate
Steve Beauregard Steve Beauregard Partnerships
Ted Parvu Ted Parvu Infrastructure
Matt Lam Matt Lam Blockchain Strategist
Iwona Zdanowicz Iwona Zdanowicz Administrative
Advisors Gustav Simonsson Gustav Simonsson Orchid Labs Co-founder & Former Ethereum Core Dev
Jim Newsome Jim Newsome Delta Strategy & Former CFTC Chairman
Don Tapscott Don Tapscott Blockchain Research Institute
Vinny Lingham Vinny Lingham Civic
Don Wilson Don Wilson DRW
William Mougayar William Mougayar Token Summit
Partners
Strategic Advisors
Latest News Bloomberg Fortune Reuters American Banker Strategic Coin Resources: Owner's Manual Metronome FAQ GitHub Media Kit Wallet Connect + Collaborate
Additional Info: Privacy Policy All Rights Reserved. Site Design by Onramp
EXCHANGE LIST
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submitted by cryptoinvestor2020 to Metronomeio [link] [comments]

Shining some light on RCN's recent growth and it's future

Hi, I found a coin that not many people talk about here so I would like to get some thoughts. It's getting more exposure on 4chan but there has been maybe 2 threads about it here. Since the price increased of 30% today I felt that I should give some more information. This is a copy and paste of some information that is circulated around 4chan about this coin.
Market cap= 67 Million. What problem it solves: A global peer-to-peer credit network based on co-signed smart contracts. With RCN you aren't limited to just borrowing crypto (btc,eth etc) you can borrow any currency in the world. (USD,CAD,YEN) The RCN team has over 15 developers and genius advisors such as Sergio Lerner the cofounder of rootstock. Key investors= Bilionaire Tim Draper; The guy that found skype in 2005 and sold his share for 1 billion USD recently, the guy that bought 30,000 bitcoin from the us goverment during the silk road closure. Bilioniare Lu Guanqiu ceo of the company Fenbushi Capital;Once called “China’s Elon Musk” for buying out an American hybrid-electric car company, Lu Guanqiu is the founder of Wanxiang Group, one of China’s largest automotive parts manufacturers. ^ These guys do not fuck around google there history. This coin was added on bittrex A WEEK AFTER being released. Name one coin recently that was added to bitterx instnatly? This coin is serious... do you think these billionaires would invest in this coin if it wasn't going to literally 50x? Follow the smart money /biz/ It literally is around ICO price.
The ICO pre-sale had NO BONUSES. Do some googling please. But even if there were, what does Tim Draper have to gain from making 10% on 10 Million? When you're in the billions you're only concerned with making 100s of millions. Thats why they invest in ICO and HOLD. Maybe he'll dump some when its 3-400M market cap, probably not till its nearing a billion (est. Q1 2019) or more. In developing countries such as in South America, it has been reported that up to 65% of the population are Unbanked and may have no access to Credit Facilities through traditional banking. Ripio intends to solve these problem by providing these users with an alternative Credit Facility. The Ripio Credit Network works to connect borrowers, lenders, and other network agents all over the world, allowing each one of them to manage the credit in their local currencies, as long as they have Internet access.
In developing countries such as in South America, it has been reported that up to 65% of the population are Unbanked and may have no access to Credit Facilities through traditional banking. Ripio intends to solve these problem by providing these users with an alternative Credit Facility. The Ripio Credit Network works to connect borrowers, lenders, and other network agents all over the world, allowing each one of them to manage the credit in their local currencies, as long as they have Internet access.
How does it work?
The Network will consist of a Borrower, Lender, Wallet Provider, and Credit Exchange. All of which will be connected through a Smart Contract. The flow of money is as below:
Borrower <- Wallet Provider <- Smart Contract <- Credit Exchange <- Lender
To illustrate:
Let’s say Juan in Argentina wants to borrow $5,000. Lin, who is halfway around the world in Shanghai is willing to loan him the $5,000 + 10% Interest.
Once the terms are agreed, Lin sends the money through the Credit Exchange in Fiat. The Credit Exchange uses that Fiat to purchase RCN Tokens to send it over to Juan’s Wallet Provider through a Smart Contract. Juan receives the RCN Tokens and converts it back to Fiat.
When it is time to repay the loan, Juan returns $5,500 through the same Channel, by using RCN Tokens as a medium. The borrower receives Fiat after converting the RCN Tokens.
All loans work on a Fiat basis between borrower and lender, by simply using RCN Tokens as a medium of exchange.
What does this mean and how can we benefit from it? There are 2 main ways to benefit from the Ripio Credit Network ecosystem:
If you are a lender, you can lend in Fiat and earn interest in Fiat.
If you are a RCN token holder, you will become a liquidity provider to facilitate the P2P loans, and earn through the increase in value of RCN Tokens.
What value does the RCN token holders have and why should the price increase?
All RCN token holders will become liquidity providers. For any loan to go through, RCN tokens will need to be purchased from the Market to facilitate the transfers. The higher the number of transactions, the higher the demand for RCN, and thus the higher the Price of RCN tokens.
Investment Proposition
• The ONLY source of RCN Tokens at the moment are held by the public, as the Company’s tokens are locked for 1 year.
• Ripio has an actual working product with 100k users, all 100k of whom will be migrated to the RCN Exchange next week! - http://rcn.exchange/
• Ripio themselves will be the first big lender, which means that they will go to the market and acquire the RCN tokens, generating demand.
• As new credit exchanges and lenders join to the network there will be even more demand for the RCN token.
• Top A-grade institutional investor such as Pantera Capital, Fenbushi (Vitalik Buterin's Fund), Tim Draper, Digital Currency Group, Medici Ventures, Huiyin Blockchain Ventures has invested in the company
What exchanges have listed RCN?
• Bittrex (despite extremely strict with listing recently) • Binance • Huobi Pro • More to follow..
My personal opinion:
Being from a developing country myself, it is easy to underestimate the number of Unbanked people who have no access to Credit Facilities. Like it or not, Credit is an essential part of expansion and development in an Economy.
As for the Company, what makes Ripio stand out is the creation of a true Utility for their token, whereby all parties in the ecosystem are incentivized to use it and will benefit from it’s increase in Price.
As Vitalik Buterin would say, the Crypto-Economics of their Model is spot on.
This is my personal opinion. As always, do your own research and feel free to leave any comments or questions.
TLDR;
• RCN Tokens are used as “gas” to facilitate P2P loans
• RCN Tokens have to be bought from the open market
• Ripio themselves will act as lenders and purchase RCN Tokens from market
• RCN Exchange launching next week. 100k users migrating
• The higher the number of transactions, the higher the demand, the higher the price of RCN Tokens For an in-depth review, you can read their whitepaper, which is available at https://ripiocredit.network/
The market for alternate finance gained popularity in recent years. A finding by Transparency Market Research suggests that “the opportunity in the global peer-to-peer market will be worth $897.85 billion by the year 2024, from $26.16 billion in 2015. The market is anticipated to rise at a whopping CAGR [Compound Annual Growth Rate] of 48.2% between 2016 and 2024.”
While Research and Markets estimates the global P2P lending market to grow at a CAGR of 53.06% during the five year period between 2016 and 2020. Morgan Stanley in a report in 2015 predicted that such marketplace lending would command $150 billion to $490 billion globally by 2020.
http://www.nasdaq.com/article/the-rise-of-peertopeer-p2p-lending-cm685513
Ripio's value is not based on a coin gimmick, the tech behind RCN is nothing special. Ripio's value comes from the fact that it has proven people going into an industry that is sure to rise and they will start making money in the near future, not 2-3 years from now, but NEXT year. By april their roadmap will be complete.
So, what do you guys think?
submitted by strongandweak to CryptoCurrency [link] [comments]

Chancen & Risiken von Dash, Steem & Rootstock - Aaron Koenig Interview Record $816M in Bitcoin leaves Binance — Are whales ... HOW I MADE 20k NAIRA FROM BINANCE (IN 12HRS) - YouTube Bitcoin Halving 2020 Price Prediction (Analysis + Explained) Is Bitfinex Insolvent? Binance Donates Fees, SEC Asks For Help With Crypto how to open Binance exchange to buy bitcoin&cryptocurrency ...

Sidechains könnten eine wundervolle Innovation sein, die Bitcoin innovativer, flexibler, schneller und privater machen. Doch solange die Bitcoin-Blockchain blind dafür wäre, was auf der Sidechain passiert, endet das Konzept in einer schrecklich zentralistischen Veranstaltung. Rootstock-Entwickler Sergio Lerner versucht nun, eine Änderung im Protokoll durchzusetzen, die das ändert ... Binance Coin $ 28.42 0.54%. Chainlink $ 10.52 2.7%. Polkadot $ 4.32 1.17%. Cardano $ 0.109563 10.26%. Litecoin $ 49.32 3.53%. Alle Kurse . Liquid, Lightning und Co. 5 Bitcoin Sidechains, die du kennen musst . Startseite; Aktuelle Artikel im Überblick; Insights; Wissen; Liquid, Lightning und Co. : 5 Bitcoin Sidechains, die du kennen musst . von David Scheider. Am 28. März 2020 27. März 2020 ... 09.04.2020 - Was ist Bitcoin Lending? Bitcoin-Lending ist ein ziemlich heißes Thema, denn durch Kryptowährung gesicherte Kredite werden für Investoren, Miner, Hedge-Fonds und Personen, die kein ... Sidechains have been the talk of the town in Bitcoin Land lately, and a few of them are starting to make mainstream media headlines. One organization like the Rootstock team is implementing the Turing capabilities of Ethereum and the power of the Bitcoin blockchain within its framework.. Also read: Bitcoin in Business: Smart Contracts With Rootstock, the protocol uses sidechain abilities to ... Rootstock (RSK), the first Bitcoin smart contract sidechain, has announced that 10% of all Bitcoin miners are now securing the RSK blockchain. This makes RSK extremely secure since that is a tremendous amount of hashing power. Smart contracts are a major advancement in the cryptocurrency and blockchain technology world. They allow users to ... Rootstock (RSK) is a two-way pegged sidechain to Bitcoin designed to enable full Turing-complete smart contract functionality for the Bitcoin ecosystem. The RSK network is secured via merge-mining with a Federation checkpointing mechanism, effectively allowing it to retain the security of Bitcoin’s double-spend proofs and settlement finality. Dieses Funding soll für die Entwicklung von Rootstock verwendet werden. BTC-ECHO. 20€ + Kryptokompass $ $ $ $ $ 351.91 B $ BTC 10,982.83 $ 1.84%. ETH 364 ...

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Chancen & Risiken von Dash, Steem & Rootstock - Aaron Koenig Interview

Bitcoin halving 2020 price prediction analysis + bitcoin halving explained on btc charts technicals. Follow Me On Twitter: https://twitter.com/TheRightTrade... how to open Binance exchange to buy bitcoin #cryptotradingexchange #binance # howtoopen Binance link: https://www.binancezh.pro/en/register?ref=XW91KRSO buyi... Also, Binance donates all its listing fees to charity, the SEC asks for help with crypto, Rootstock to create ICO's on a BTC sidechain, and Soulja boy tries desperately to be heard by rapping ... In diesem Video haben wir Aaron Koenig über die Zukunft von Altcoins und Bitcoin interviewt. Wir haben detailliert die Vor- und Nachteile buw Chancen und Risiken von Dash, Steem und Rootstock ... Binance saw its biggest Bitcoin ( BTC ) outflow in history on Nov. 3, according to data from CryptoQuant. A total of 58,861 BTC were withdrawn on a single da... this video shows you simply how to make money with binance app with almost 100% free Risk first you need Bitcoin and a binance Account register with the link...

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