User Agreement / Bitcoin.com Exchange

1 day left for this game-changing project

1 day left for this game-changing project

Integration broker for P2P apps on BCH Chain
Alright guys, I apologize for all the shilling on this sub for this project, but it was suggested by the admin.
This flipstarter has 1 day left before it expires, and needs one last push to get it through.
CashSQL: the integration broker helps you get data out of (and put data into) the BCH chain through a nice and easy SQL database of your choosing. It's designed to help build P2P apps rapidly. Enveloping data transactions inside layer-1 BCH is tough. If apps could rely on a simple SQL DB, with community developed data-transformers, life is easier for all apps using those layer-2 protocols. This means more devs, more apps and more activity on BCH.
If this project makes sense to you, consider a PLEDGE NOW!

CashSQL Vision

DELIVERABLE SUMMARY

  • Full Blockchain Database: the entire BCH blockchain available as SQL database. Useful for chainalysis, data analytics, etc. This database can be optionally deployed by users.
  • Light-weight Database: lean and mean database for tracking user-specific blockchain data. Most applications will only need to use this.
  • DBMS support: SQL Server, MySQL/MariaDB and SQLite (has plug-n-play design, others can be added later).
  • Mempool Integration: JSON/XML/Web-Socket API for real-time event data.
  • Simplified Schema Design: blockchain data is extracted and processed into higher-level data abstractions that developers can easily use. For example, account balances, debits and credits for BCH and SLP addresses, confirmations for transactions, etc.
  • Extensible Schema: users can extend scheme with custom columns and tables that suit their applications.
  • Transformable Data: users can plug-n-play custom data-transformations that extract meaningful high-level data from compressed blockchain data.
  • Real-Time Capability: databases are maintained in real-time with minimal locking.
  • Send Capability: includes “outbound” tables for users to push out transactions onto the network. Includes send receipts and history tables.
  • High-performance: expertly-tuned database design for large and small deployments.
  • Enterprise-ready: Written in latest C#/.NET, a popular enterprise-class platform.
  • Cross-Platform: Target platform is .NET 5 which runs on Windows, Linux, macOS and Unix.
  • Simple GUI: an explorer-like GUI is shipped with the backend based on HTML5.
  • Open Source: Fully open-sourced under MIT license.
A prototype is currently available at http://blockchainsql.io.

WHO WE ARE

Sphere 10 Software (ABN: 39600596316) is an Australian based LLC led by Director and Chief Software Architect, Herman Schoenfeld. Herman has been involved in cryptocurrency since 2011, and was the "retrospective co-founder" of the PascalCoin cryptocurrency. Herman has appeared in commercial programming aired on Bloomberg and Fox Business News as well as radio broadcasts in the NYC area. Herman has been a long-time supporter of Bitcoin Cash and has always promoted it as the true, original Bitcoin as laid out in the Satoshi whitepaper. However, due to certain personalities dominant in BCH, Herman was de-motivated from participating until now. Since the BSV split and with the prospect of BCHN taking node leadership in November, Herman is very bullish on BCH and motivated to support BCH into the bright future and imminent explosive growth it was destined for. Sphere 10 Software will allocate 2 developers to work on CashSQL (one of them Herman). All the funds from this fund-raiser will be used for paying the time and material of development.


https://preview.redd.it/gy7wn4olw8u51.png?width=245&format=png&auto=webp&s=9189d2319f2e1fdd5e2567865e8610c4cbbb729a
submitted by HermanSchoenfeld to btc [link] [comments]

Telegram AMA - Summary

Telegram AMA - Summary
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Zhuling Chen
It’s always great to hang out in this group. This group means a lot to the Aelf community. It is the first Aelf community and has been there through all the ups and downs in the world. I would like to start with wishing everyone is staying safe at home during the virus outbreak. It definitely has been a difficult time for all of us, but together we can pull through it.
We understand that the situation is quite striking to all of us. But I really believe that the solution to the virus outbreak is about more global coordination and collaboration.
All of you to be assured, our team in different places are all safe and working from home as normal.
The Aelf team in Beijing were among the early ones experiencing the virus outbreak. As everyone was on the way home for Lunar New Year holiday and then experienced a total city lock-down followed by a 40 days’ work from home policy. It was definitely not easy for them, but our team stayed strong, took necessary precautions and focused on work with the right morale. Mappo has recently published some tips on how to work from home effectively based on our experience. Do check it out. Despite not working in the office since February, we have achieved great progress, including launching Aelf 1.0 preview, which is an important milestone in technical delivery and also the roadmap to mainnet launch (which listed out the essential steps for the community to work together to launch a successful public network)
Let's first talk about Aelf v1.0 preview. It is the cornerstone of the mainnet launch. The product itself has all the features that the public network is needed. The codebase has been reviewed and tested rigorously by the team. And a few highlights of how the network would look like:
  1. The code allows a stable and high throughput blockchain network to operate publicly.
  2. For developers, they will love how flexible the system is to be customized, the number of tools and documentation to help them start developing applications on the network
  3. For the whole community, the system is an ever-evolving one where the voting system is ready in place to conduct network-wide voting on various topics, such as transaction fee adjustment, network protocol upgrade, incentive adjustment, etc
  4. Aelf system is able to run multi-chain architecture where each side chain will host different applications and still ready to work with each other
So you may ask since the software is ready, why have we not yet launched the public network? The answer, in short, is that a public blockchain is launched not by a team but through a community effort and that's why we are coordinating the community effort based on the roadmap we proposed. Aelf team has launched the public testnet based on Aelf v1.0 preview and currently, all nodes are under the team. The goal is to let the community and elected nodes to take it over and launch it on a global scale. Not only launch it but also be familiar with the network and also set the launch parameters in a decentralized way. If we take a car as an example, we have made the car, but ultimately the drivers are you guys and therefore before it really hits on the road, we need to guide the community to do a test drive, adjust the car based on what really works for YOU, and ultimately let YOU drive the car freely and safely
So how are we going to help the community launch the network:
First of all, we have launched the codes, documents about the economic system and governance model and technical features. With all the things available, you are able to understand what the system is about, as a token holder what's your benefit in the system, and being a node in the system plays a big role in the governance
Next, without yet electing the nodes, we will get all token holders to join the current Aelf network through a mapping event. That means as long as you have Aelf tokens, you will be able to get 1:1 test tokens on the public testnet. that gives you full access to all the features, and you will feel like you are already using the mainnet. You will get rewarded in making transactions, voting, etc.
Do try out the Aelf wallet and voting features, you will see how easy to transfer tokens cross-chain. and also how flexible the system allows people to make changes. For example, the community may want to adjust the block rewarding parameters or fees to use certain services on mainnet, they can initiate a discussion and then vote in the system and once voted through, it will be reflected on mainnet.
For people or organizations that want to play a bigger role in the system, we will do a dry run of node election. Take it as the real node election before mainnet launch. We will see who the active members of the community are and being trusted by the community. Among the nodes, we will form a network launch committee. The committee will be the crucial party to oversees and ensures the smooth launch of Aelf mainnet, instead of just relying on the Aelf team. This is our step towards decentralization.
The committee will agree on the actual launch process, final checking all the parameters in the system to be ready for launch and then decide when the criteria are met to launch the network. Once all that is decided. We will invite all interested nodes to apply for the election and let the community know what's their plan to grow the Aelf network. the network will initially be launched with a few nodes from the committee and gradually be replaced by the selected nodes (a bootstrap phase). Along the way, we will work with exchanges to conduct token swap (which we are also designing an innovative system to further enhance security and usability of Aelf tokens in exchanges)
Among this isolated and worrisome time, at least we all have something to look forward to: a successful launch of Aelf network! Once it is launched, we are excited to see a vibrant and technically superior network that is good for Dapps to run on top of it.
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Doris Guo Q1: As a Blockchain start-up, what difficulties have you overcome when starting Aelf project? What motivates you to solve difficulties and achieve success today?
Zhuling Chen First, just like launching any start-up, its community and investors are usually regional. There is always some bias on if Asian projects are solid. It is really rare to have an Asian project to be supported by western funds and community from day 1. We were lucky to have overcome that obstacle. Having a global investor line-up from day 1. Having a global team from day 1 and also working with a global community from day 1. This benefited us to have an international perspective which is crucial in the blockchain industry.
Secondly, as a hardcore technology company, it is really hard to put in plain words what is our ambition. Our ambition is huge, achieving key innovations in multiple fronts of blockchain technology and organically combined them to serve real users for the future. Our marketing team has been working really hard to elaborate on what Aelf is. Now we have come to a point that the product is ready. Therefore, it is much easier for all of us to understand how solid Aelf is by trying out the network ourselves! That's exactly what the following events will be about - Try out all the exciting features of Aelf network before mainnet launch.
Doris Guo Q2: What critical problems do you see occurring in the blockchain industry nowadays? How does Aelf solve these problems?
Haobo Ma First, we need to distinguish the difference between BTC and ETH. One is Digital Cash and the other is the Smart Contract Platform. Aelf addresses most of the latter's problems. In short, it can be summarized as performance, end-user friendly, developer-friendly, network economy, and self-governance and upgrading. Each of these areas will probably take up a lot of space, and as a whole are the issues described in our two white papers. In short, Aelf is faster, end-users do not need to know the rules of the blockchain, developers can set up the development environment in 10 minutes, have a good economic model and can carry out proposal governance on the chain.
Doris Guo Q3: What is your long-term vision about the industry which Aelf is working at? Are you afraid someday there will be another project with more innovative technology can replace Aelf?
Haobo Ma Let's talk about where Aelf stands in the traditional Internet. It is essentially a cloud service provider, Aelf provides resources and infrastructure for developers to deploy their services, known as smart contracts. We eventually want Aelf to grow like AAA (Amazon, Azure, AliCloud). Because Aelf is a network that can be dynamically scaled, we can accept any new technology, some of the more advanced technologies we can put on a side chain.
Doris Guo Q4: Why did Aelf choose for cross-chain interaction?
Haobo Ma As I mentioned earlier, Aelf solves the Smart Contract Platform problem. However, there are other digital cash problems as well which we would need to use existing infrastructure such as Bitcoin's chain in order to interact with Bitcoin. There are a lot of infrastructures on Ethereum that we want to interact with. Multi-chain on Aelf network mainly is to isolate resources to improve network performance and network stability.
Doris Guo Q5: What difficulties do the Aelf team have now (I talk about COVID-19)? How does the Aelf team solve it? Have you changed the roadmap?
Haobo Ma There is no great impact. The teams in Singapore and Beijing are communicating with each other remotely on a regular basis. The only change is that most of us are now working from home which has no impact and in fact, it seems conducive to the acceptance of more community developers in the future to come. From the internal working schedule and development timeline, there is no great impact. We do not publish specific timeline as we do not want short term holders (traders) to create too much negative pressure on product development.
Doris Guo Q6: Aelf is an open-source blockchain, and there's the common problem of taking a substantial amount of time for the different participants to agree on strategic decisions. What types of governance models do you use in Aelf to address this issue???
Haobo Ma The issue is about public blockchain network, and who can decide the direction of the network. Our answer is long-term holders. For the short-term holders (traders), we refuse to allow them to participate in any discussion of the direction of Aelf because the short-term holders are likely to make a profit and sell quickly, which is essentially the same example of a person who cheats the President and then runs away for his personal gain. We defined a number of proposal processes, including the logic of the two-party system in the United States, and the participation in the referendum to ensure that the final proposal represents the majority. At the same time, we are looking for some legal solutions to avoid bifurcation, such as prohibiting exchanges from intervening in bifurcated new tokens. While we cannot limit a community, we should be able to find ways to limit a centralized organization. This restriction is akin to a ban on national secession.
Doris Guo Q7: How will Aelf empower Investors, Companies, Developers, Platform Users to deliver impactful solutions and bring value to people all over the world?
Haobo Ma We will learn from the operational experience of successful foundations such as the LINUX foundation and license some commercial companies to use Aelf solutions to solve business problems. At the same time, Aelf is an open-source product under the MIT License, and we accept any use that does not violate this open-source principle.
Zhuling Chen Let me add on to Haobo’s statement: to incentivize and empower the community, we are also exploring ways to let the community decide how to use the funds for Aelf (allocate to where it matters to our community) once mainnet is launched. This means you guys can decide what are the projects to be funded on Aelf, etc
Doris Guo Q8:When will the node campaign start? How will Aelf attract users to participate in nodes election?
Haobo Ma According to our published roadmap, the timeline can be dynamic, but I don't think it will be too long. The main idea is to let everyone understand what we envision Aelf to be like, and what are the rights and benefits of being a node in the future. We hope to find nodes that fully recognize the efforts of Aelf at the present stage and are willing to participate in the future development of Aelf. We will run a simulation of the node campaign on the testnet and set up a temporary mainnet launch committee. Please follow our official Twitter for more upcoming details!
Doris Guo Q9: Token swap form 2 is some kind of cross-chain transfer? It will be handled by a smart contract?
Haobo Ma It is handled by the smart contract, we define an asset cross-chain transfer protocol, but it may be opened after a snapshot.
Doris Guo Q10: Which Exchanges will support token swap? Do you have any plan to list Aelf in some big exchange like Binance, Houbi, Kucoin, .......?
Haobo Ma We are already in talks with some exchanges, there is still competition between exchanges, and many are still hoping to attract more users by getting access to mainnet token swap early.
Doris Guo Q11: Aside conversion of the current tokens to mainnet tokens, what other main features will be accomplished with the mainnet launch?
Haobo Ma We have a documentation file that has been published, which has listed some features: https://Aelf.io/gridcn/Aelf_public_testnet_and_supporting_features_introduction_en_v1.0.pdf
Doris Guo Q12: Do you have any plan to burn or buyback your coin?
Haobo Ma We have plans for the community to govern through DAO, we have no interest in short-term price incentive adjustment as we would prefer to drive the project to higher adoption. After mainnet starts operation, there will be a part of network revenue get destroyed automatically.
Doris Guo Q13: Often, as a newbie developer, I face difficulties on most blockchains. How easy and convenient is it for me on Aelf, and what programming language and tools are needed??
Haobo Ma We set up staging for DAPP developers on GitHub and configured CI. Develop a smart contract using C# with React Native on the front end. So, in fact, developers can fork the source code without setting up the environment locally, and you can conduct unit testing with the help of CI. You can also release the smart contract and generate the installation package of iOS and android online. https://github.com/AElfProject/Aelf-boilerplate
Doris Guo Q14: What is the progress of business development and what are some of your commercial partnerships? How will Aelf rapidly develop the number & performance of DAPP?
Haobo Ma First of all, the blockchain industry is still fairly small and users with ETH and EOS wallets are considered a very small group and its not effective to even promote within these groups. What we need to consider is how to enable users who have never been exposed to blockchain to use DAPP. The competitiveness of Aelf is to make it easier for Aelf developers to promote their DAPP to ordinary users, rather than to teach ordinary users a lot on blockchain knowledge. The average user doesn't like to hear about private keys, mnemonic, Gas Price, RAM, CPU, etc. Only until we solve such problems, companies that need to solve problems through blockchain will be more inclined to use Aelf in technology selection. Therefore, our main work is to explain the competitive advantages of Aelf, ETH and EOS to everyone. We have some business cooperation’s, but we also believe that simply through case-by-case business cooperation will not be able to gain adoption so quickly, therefore we still need to put our products to stay ahead of the next generation.
Doris Guo Q15: What other activities can encourage more people to be confident about Aelf?
Haobo Ma We are only going to state the truth by having those that have faith in us to stay and those that don't to leave. The development of Aelf is not driven by a single foundation, but by a steady stream of contributions from the community. In the future, we will also place the activities in the DAO for on-chain governance, and let the community make decisions by itself.

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Kun Aguero As you know that in the present market situation many new coins or either dying or thriving for liquidity? How will you manage this liquidity problem?
Zhuling Chen Aelf started in 2017. we have gone through a few cycles in the market, still, remember the big down period in 2018-2019. Aelf is financially solid and the team has always been working hard. if you are referring to liquidity in exchanges, we are among the lucky ones that are listed in all major exchanges
Xinshu Dong Hello, great discussions! I would like to ask what are the criteria to join the committee for launching the mainnet? Would love to participate
Zhuling Chen Hi xinshu, great to see you here. The committee will be chosen among the nodes elected during the testnet dry run. Which means, it is really important to participate in the testnet dry run and also start to establish your reputation in the community so that people will elect you as a node. The detailed criteria will include what is your plan to help Aelf to grow, tech competency and reputation.
An Da What are Aelf’s achievements in 2019? Who had supported you to get those things?
Zhuling Chen To name a few, in 2019, Aelf is one of the most active projects on GitHub. This means Aelf is evolving and improving fast in this space and our team has the tech strength. In addition, we have also successfully listed on all major cloud service providers, such as AWS, Azure, Google. So large companies can easily launch Aelf side chains in their organization with minimum hassle.
John How does the voting for master nodes candidates occur? And why is the development of this system important for your project?
Zhuling Chen Voting is going to be pretty simple. All token holders can vote for the nodes they support on our block explorer.
Miha After mainnet lunch, how will you assure that transactional fees will stay low? We know what sometimes happens to fees on ETH blockchain.
Zhuling Chen First of all, due to the fact that is Aelf is scalability, this will reduce transaction fee. Secondly, all transaction fees will be voted by the nodes (which will be elected by you). So they will represent your interest
Bobbyfernandito Currently, as we see All projects are concerned with the speed and security. So, tell us here - what are the facilities Aelf provide to their user and investors?
Haobo Ma Security: we have an automated smart contract code audit. During contract deployment, production nodes and the community audit participation are required. On the other hand, we are also planning to provide a standardized model of centralized exchange access for 100% asset certification and emergency measures to deal with exchange attacks, which we will be released later. Speed: Aelf has been working on improving performance, which is transparent to users which they can also experience by themselves.
An Da What effect does Aelf token have on the Aelf ecosystem? Holding Aelf, what benefits will users receive?
Zhuling Chen Holding ELF enables you to use all the services on the Aelf network. ELF has a deflating system where the total amount will reduce as the network grows. token holders can also vote for the nodes to run the network and also vote for big decisions in the network. part of the fees in the system will also be distributed to token holders via a smart contract
ahihi132 Which companies do you view them as potential partners and that they are somewhat also beneficial for both the user base and Aelf itself?
Zhuling Chen Great question, if I could write a wish list, that will be: let medium-sized financial institutions to use Aelf to challenge the big boys. Let telecommunication companies use Aelf for micro-payment and other innovative business models. We also would like to try out a few public sector projects, which blockchain will is still more transparency and trust
Misun Q1: Which programming languages are you using in your project? And why? Q2-What are another big MILESTONES you have planned for 2020 roadmap and how are they supposed to benefit your costumers? Will it be an exciting year?
Haobo Ma For Q1: We mainly use C# for development, I personally like it. Performance is good, development environment IDEs are strong, and C# creators are influential in the industry. We believe in the right thing, though it may take a while to develop. The smart contract will then add support for multiple languages, such as WebAssembly, depending on the needs of the community. Now it seems that C# is enough.
Hambi crypto Which platforms are your competitors? How will you soar above them, and what better things do you offer than them? So, What’s your outlook on the future of cryptocurrencies in this year and next few years?
Haobo Ma As I have already mentioned this before, Eth and Eos. We provide better performance, cross-chain support (already implemented), end-users do not need to know the details of the blockchain, developer’s payment models and so on.
Floris-Jan What plans is Aelf making to prevent centralized exchange to take over the DPoS algorithm like what happened to Steem? Are we talking about blacklisting exchange wallets, or having the foundation say "No", or putting all trust in the community?
Zhuling Chen Great question, Floris. I’m not going to give away all the details of what Haobo has proposed to work on this, but in a nutshell, in Aelf system, exchange wallets will not be allowed to vote, but only the sub-wallets for each individual can vote. This will also help exchanges to prevent hacking and theft in the future
Alex What your plans in place for global expansion, are Aelf wallet focusing on the only market at this time? Or focus on building and developing or getting customers and users, or partnerships? Can you explain this?
Haobo Ma Our core focus will be through the developers to promote, developers will help Aelf to attract more users. So our product has to be attractive to developers. Just like AWS, they only focus on getting their service right, their developers will think about how to promote it. We don't want to burden them in their promotion process.
Ellkay What do you think are the major threats and barriers that could face the development and adoption of Aelf?
Haobo Ma If I'm a DAPP developer and I need to promote my APP to people who don't recognize blockchain, then I'd like to choose a platform that doesn't have to explain a lot of blockchain details to the end-user, so they can use it easily. We've provided some options in the Boilerplate that allow you to log-in simply via QR code + Password, and our recommended Dapp is an independent wallet and a separate iOS/Android application.
ahihi132 Give me some important reasons why we need to hold Aelf token where in fact hundreds of projects failed and it went to bankruptcy or even developers run when they collect millions/billions of funds?
Haobo Ma First of all, we will not give any suggestions as we only describe the fact that the long-term token holder will be able to govern the Aelf network, get Aelf mining reward and Aelf network profit. At the same time, Aelf network is a deflation model, Aelf network received transaction fees, profit dividends will immediately destroy 10% etc. All investments are risky, and we don't judge the behaviour of other developers. There are so many things in this world that cannot be understood and unfair. It is important to do our job well. I cannot explain these things.
见愁 I remember that boss Ma mentioned to only find those truly innovative applications and enterprises with blockchain, how to find and win partners in these aspects?
Haobo Ma When Linus was developing Linux, I did not think he would find a lot of collaboration when the code was not good. The response we can give is that we already have a lot of interest in cooperation, including what we have announced, what we have not announced, etc.
见愁 How interested are cloud computing providers in participating nodes?
Haobo Ma The vast majority of our nodes should be using cloud services, and as long as a large number of our 17 nodes and other candidate nodes are based on cloud services, our network robustness is determined by these cloud computing providers. Of course, in the expansion, we can also use cloud computing services.
submitted by Floris-Jan to aelfofficial [link] [comments]

Thoughts on the ratio, the future & the path forward

Disclaimer: I'm an online rando, not a licensed financial advisor. DYODD.
In light of recent angst about the BTC/ETH ratio & choppy price action, perhaps the following will be useful to ground your thinking about what Ethereum represents, its path to success & how you personally might approach it.
I grew up in Eastern Europe. My family was relatively well off: after the Iron Curtain fell in 1989, my father got a Fulbright scholarship at Stanford. He returned with dollars and, more importantly, American connections.
He constantly talked about how the future was going to be defined by the Internet.
I was a kid. Whatever "the Internet" was supposed to be, I was way more interested in playing Spectre and messing around with ClarisWorks on the PowerBook 100 my dad had brought back. In my defense: I was 6 & English isn't my first language.
My dad turned out to be right. But through the 90s & beyond, the Internet didn't always seem to be what the future will be built on.
A casual look @ how long it took the web to reach maturity:
1980 through 1990: Invention, experimentation & backbone. MUDs & BBSs dominated. In 1990, a version of HTML that can be approximately called "usable" becomes available.
1990 through 1994: Early adoption, basic protocols & functionality. The first real web browser, Mosaic, launches. Significant web presence from universities, research institutions and large media entities or businesses. "Online for dummies" portals like AOL, Compuserve & Prodigy become common-place. Bryant Gumbel's infamous "What is Internet, anyway" moment turns out to be a seminal point of inflection for popular perception of web use & the utility of being online.
1994 through 1998: Consolidation, increased adoption, commercialization, disruption. Home & workplace use, ISPs & online purchases all show exponential growth. People joke around water coolers about using AOL trial CDs as coasters. Netscape makes web browsing more intuitive & integrates protocols (http, ftp, gopher, usenet, smtp/pop) into a single program. "You've got mail" segues from niche nerd activity into pop culture phenom. Edge technologies like peer-to-peer sharing become existential threats to decade-old business models, with significant legal and political implications. Online presence becomes mandatory for most businesses. Future giants like Google, Amazon & Ebay/PayPal explore & expand new ways of monetizing online space.
1998 through 2003: Commoditization, dot.com boom & bust cycle. Large proliferation of risky or poorly thought-out ventures, violent subsequent contraction. Pets.com happens a thousand times over. Teens begin to tune into early social media: Friendster, Hotornot, Myspace, Xanga. Popular culture becomes permeated by all things Internet, with signs of exhaustion due to overexposure. Through peaks & valleys, Fortune 100 players, old & new, scramble to firm up their respective beach-heads into cyberspace, praise be upon our once & future prophet, William Gibson.
2003 through 2007: Ubiquity. Internet is now an inextricable part of the desktop experience. Venture capital is in a perpetual arms race to fund "Web 2.0," a more accessible, secure & well-integrated way of experiencing online activity. Network advantages displace also-rans, with Google, Amazon and Facebook increasingly dominating "mind-share." Internationally, online conglomerates graduate into billion-dollar businesses. New business models crop up online. YouTube, 4chan and SomethingAwful are part of growing up for millions of teens.
2007 through present: Ubiquity, cubed. Internet becomes hyper-accessible & necessary to key aspects of contemporary life. Major parts of law, medicine, finance and governance are now highly dependent on online activity. With smart phones available for price points below $30, a significant majority of human beings on the planet can interact with the most powerful & immediate way of accessing information we've ever built on a mass scale. Content consumption and creation explodes. Instant messaging, video-conferencing, geo-location sevices & flexible payment models become trivial aspects of every-day life.
That's three decades for the Internet & its main interface, the web, to reach maturity.
Blockchain was initially parameterized in 1991. Bitcoin began in 2008. Ethereum was proposed in 2013.
If we compare blockchain in general & Ethereum in particular to the development and eventual domination of the Internet, we're barely making headway through the second phase: early adoption, basic protocols & functionality. There's disruption & early commercialization, especially with defi & supply chains, but wide-spread adoption & killer "Keep It Simple, Stupid" apps akin to Netscape aren't here yet.
Took a while to get here, but here's my first basic point:
It's very, very early on in the journey.
In some ways, blockchain & Ethereum are like the Internet in that they represent radical new technologies.
In some ways, blockchain & Ethereum are unlike the Internet.
Thin protocols like http, ftp, email, etc, simply move data around. Value is captured by entities which acquire data: Google, Amazon, Ebay, Microsoft, Facebook, Twitter.
Fat protocols like any variety of blockchains both move data around AND store it. Value is captured in the protocol itself.
My second basic point:
Based on objective data such as network use and development activity, Ethereum is the run-away front-runner when it comes to public, un-permissioned blockchains.
We're firmly in the "overestimating early adoption/change" phase of blockchain & cyrpto-currency. Multiple projects in the top 25 by marketcap metric are of dubious technical & financial value. Some exchanges engage in market-distorting practices. Fraudulent "personalities" in the space still command significant attention. There is material risk to involvement in the early stages of any venture, blockchain & Ethereum included.
But: The flip to "overestimating early adoption/change" is "underestimating long term adoption/change."
If my first two points are accurate, then 2019 is to crypto what 1994 was to the Internet, and we can barely imagine the degree to which the world will run on blockchain in 2029.
If you're reading this, you're part of the 0.001% smart or lucky enough to understand what future is being built on, the same way that my father knew how the Internet will shape these last three decades.
You have a one-in-a-lifetime opportunity. Things like the BTC/ETH ratio & 20% fiat valuation drops represent trivial noise in a broader landscape defined by tectonic realignments in technology, finance and politics.
In conclusion, I'd like to encourage everybody to consider:
  • What scale are you thinking on?
  • What timeline are you thinking on?
  • Are you aiming for something life-changing or not?
I know what my answers are.
Good luck & god speed, brothers & sisters.
submitted by thrw2534122019 to ethtrader [link] [comments]

Satsho Nakamoto's opinion of a fork of bitcoin.

"I don't believe a second, compatible implementation of Bitcoin will ever be a good idea. So much of the design depends on all nodes getting exactly identical results in lockstep that a second implementation would be a menace to the network. The MIT license is compatible with all other licenses and commercial uses, so there is no need to rewrite it from a licensing standpoint."
https://bitcointalk.org/index.php?topic=195.msg1611#msg1611
submitted by sgtslaughterTV to Bitcoincash [link] [comments]

The evolution of Distributed Ledger Technologies - Part 2

In our previous article, we explored how cryptography evolved over the years to be a paramount part of what we call today Distributed Ledger Technologies or Blockchain.
In this article we will see how Open Source Software facilitated in the development of this new technology, which experts agree it has the potential to change the world around us.

Open Source Software

Open-source software is a type of computer software whose source code is released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose. Open source software invite collaboration as it developed in a transparent and public manner.

A screenshot of Linux Mint running the Xfce desktop environment, Mozilla Firefox browsing Wikipedia powered by MediaWiki, a calculator program, the built in calendar, Vim, GIMP, and the VLC media player, all of which are open-source software.
It might surprising to most people, but software was once only open-source and free for use. Software was downloaded and edited to suit one's needs, up until 1979 when Brian Reid placed time bombs in his software to restrict access to it without a license.
A programmer working at the MIT AI labs, Richard Stallman quit his job there and started the GNU project. The name “GNU” is a recursive acronym for “GNU's Not Unix.” Stallman announced the plan for the GNU operating system in September 1983 on several ARPANET mailing lists and USENET. In 1985, Stallman published the GNU Manifesto, which outlined his motivation for creating a free operating system called GNU . Stallman envisioned a better world and advocated on the social aspects of software and how Free Software can create community and social justice.
In 1991, the same year the PGP was released, Linus Torvalds, a Finnish student, used the GNU's development tools to produce the free monolithic Linux kernel, an open source system that runs on most smartphones and tablet computers, and in any point in time has up to 10,000 people working on its code. In 2005, Linus Torvalds created a version control system called GIT for tracking changes in computer files and coordinating work on those files among groups of people. This lead the foreground for sites like GitHub, which are used for the public development and review of all software changes made to Bitcoin.

https://preview.redd.it/2w3kfpaxu1k11.jpg?width=576&format=pjpg&auto=webp&s=4c01388869eeeba063a7d08d17f9b66eec363a1d
Open source software advocates evangelize that it is usually easier to obtain than software and as a result more people use it. Moreover, they can help build developer loyalty as developers feel empowered and have a sense of ownership of the end product. It practically lays the ground for a more flexible technology and quicker innovation and it is also said to be more reliable since it typically has thousands of independent programmers testing and fixing bugs constantly. Open source is not dependent on the company or author that originally created it. Even if the company fails, the code continues to exist and be developed by its users.
To an extent open standards are accessible to everyone; thus, it solves the problem of incompatible formats that exist in proprietary software. Open source software allows flexibility since modular systems allow programmers to build custom interfaces, or add new abilities to it and it promote innovation, as open source programs are the collective product among a large number of different programmers. The mix of coding insights, perspectives, objectives, and personal goals speed up innovation, without additional commercial pressure that often degrades the quality of the software. Commercial pressures make traditional software developers focus on customers requests than to security requirements, since these features are often invisible to the customer. It is sometimes said that the open source development process may not be well defined and orchestrated and in some cases, the stages in the development process, such as system testing and documentation may be ignored. However this is only true for small projects. Larger, successful projects do define and enforce at least some rules as they need them to make the teamwork possible. In the most complex projects these rules may be as strict as reviewing even minor change by two independent developers at a time.

https://preview.redd.it/f08hk3byu1k11.jpg?width=640&format=pjpg&auto=webp&s=60e988b7fa025bd8fa9059dd61c024a6d0d372bc
On the other hand, not all Open Source initiatives have been successful. Software experts and researchers who are not convinced by open source's ability to produce quality systems identify the unclear process, the late defect discovery and the lack of any empirical evidence as the most important problems around Open Source Software. Moreover, it is also difficult to design a commercially sound business model around the open source paradigm, as only technical requirements may be satisfied and not the ones of the market. In terms of security, open source may allow hackers to know about the weaknesses or loopholes of the software more easily than closed-source software.
See you in the next article!
I think that’s enough condensed knowledge until the next part. In the upcoming article we’ll look at Peer to Peer Sharing networks to understand their role and importance in Distributed Ledger Technologies.

End of Part II

Originally published via Steemit: https://steemit.com/bitcoin/@universalcrypto/the-evolution-of-distributed-ledger-technologies-part-2
Sources: https://blockonomi.com/cryptography-cypherpunks/ https://en.wikipedia.org/wiki/Richard_Stallman https://en.wikipedia.org/wiki/Brian_Reid_(computer_scientist) https://en.wikipedia.org/wiki/Time_bomb_(software) https://www.gnu.org/gnu/manifesto.en.html https://en.wikipedia.org/wiki/GNU https://en.wikipedia.org/wiki/Usenet https://en.wikipedia.org/wiki/Monolithic_kernel https://en.wikipedia.org/wiki/Linux_kernel https://en.wikipedia.org/wiki/Unix https://en.wikipedia.org/wiki/Linus_Torvalds https://en.wikipedia.org/wiki/GitHub http://hlwiki.slais.ubc.ca/index.php/Open_source_software https://www.gnu.org/gnu/thegnuproject.en.html
submitted by GeorgeTProfit to cryptography [link] [comments]

Review/Summary on TokenPay ICO ($TPAY Coin)

What is TokenPay? They're creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it.
Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous.
Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=2000 Tpay. Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
submitted by PIQAS to icocrypto [link] [comments]

Review on TokenPay ICO - 1100 Bitcoins gathered so far!

What is TokenPay? They are creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
submitted by PinkGodfather to IcoInvestor [link] [comments]

Over 1300 Bitcoins Raised So Far - Trending ICO - Review on TokenPay (First Crypto Coin With a Swiss* Bank and Debit Cards)

See this picture first!
What is TokenPay? They are creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
submitted by PIQAS to BitcoinBeginners [link] [comments]

TPAY Coin ICO Record Reached, Over 1500 Bitcoins Raised - World's First Crypto Bank - Funding Still Open

See this picture first!
What is TokenPay? They are creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
UPDATE UPDATE
Due to SEC regulations within USA, Americans are no longer allowed to participate in any ICO offerings. This is good and bad news. Bad news for Americans that they can't profit the price of the coin (token) during the ICO sale. But it's good news for the rest of investors because once this coin ends up on exchanges, Americans who got a refund or couldn't buy the tokens, they will buy the coin in its early release. This will pump the price quite fast, and we can hope on a nice booming wave early on.
Anyway..even if you are an ambitious American... with a windows VPS based in EU or anywhere but US.. you can still get what you want :)
submitted by PinkGodfather to Bitcoincash [link] [comments]

TPAY Coin sets new ICO record with Over 1500+ Bitcoins Invested, World's First Crypto Bank - Funding Still Open

See this picture first!
What is TokenPay? They are creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
UPDATE
Due to SEC regulations within USA, Americans are no longer allowed to participate in any ICO offerings. This is good and bad news. Bad news for Americans that they can't profit the price of the coin (token) during the ICO sale. But it's good news for the rest of investors because once this coin ends up on exchanges, Americans who got a refund or couldn't buy the tokens, they will buy the coin in its early release. This will pump the price quite fast, and we can hope on a nice booming wave early on
Anyway..even if you are an ambitious American... with a windows VPS based in EU or anywhere but US.. you can still get what you want :)
submitted by PinkGodfather to CryptoMarkets [link] [comments]

First Cryptocoin with a (Swiss) Bank & Debit Cards - TokenPay Review - TPAY - Over 1300 Bitcoins Raised So Far

See this picture first!
What is TokenPay? They are creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
submitted by PIQAS to Bitcoincash [link] [comments]

TokenPay Reaches now ICO Record 1500+ Bitcoins Raised! 1st Crypto Bank - Review

See this picture first!
What is TokenPay? They are creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
UPDATE UPDATE
Due to SEC regulations withing USA, Americans are no longer allowed to participate in any ICO offerings. This is good and bad news. Bad news for Americans that they can't profit the price of the coin (token) during the ICO sale. But it's good news for the rest of investors because once this coin ends up on exchanges, Americans will who got a refund or couldn't buy the tokens, they will buy the coin in its early release. This will pump the price quite fast, and we can hope on a nice booming wave early on.
submitted by PinkGodfather to icocrypto [link] [comments]

Review for TokenPay ICO - What is it and how is it different than other ICOs?

What is TokenPay? Theyre creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
submitted by PinkGodfather to CryptocurrencyICO [link] [comments]

[ARTIST WANTED] Assets needed for sidescrolling, procedurally-generated city street (0.2BTC+/$120USD+)

Please note, this project involves pixel art
I'm developing a passive HTML/JS-based side-scrolling city street for a personal project.
Here's a sketch of the idea (please excuse my terrible drawing skills): http://i.imgur.com/ALsBeub.jpg (Annotated version: http://i.imgur.com/iYcwe33.jpg)
Essentially, the camera will endlessly scroll to the right, revealing a randomly generated sequence of buildings/houses. Each building/house/etc will be assigned to a "plot", which is basically just a tile. Additionally, entities such as cars, clouds, etc. will be animated to interact with the environment.
This process will continue endlessly with no input from the user. It's not a game; think of it as a much smaller pixel-art version of the Miniatur Wunderland. Vehicles will respect traffic rules, interact with each other, and I'm considering adding lighting effects and day/night cycles.
The finished product will look very similar to a sidescrolling platformer.
The code will all be open source and available on Github under the MIT license eventually.
Assets needed:
There will be several types of plots: houses, commercial buildings, parks, and intersections. Plot tiles will be 80x150px.
Each of these plot types will need 1-5 unique sprites, depending on the type. Here's a rough breakdown:
In addition to plots, several other assets will be required. I'll categorize these into "background" and "entities":
Background:
Entities:
Theme/style
I'm going for a very happy, upbeat, sunny theme. The elements of the city should be loosely based on San Francisco (refer to this image).
The perspective is front-on, at a slight vertical angle so that depth is given to the tops of objects. See this sketch for an example of how the projection works: http://i.imgur.com/ocep2lE.jpg
Here is a digital outline of a house that I did - Large: http://i.imgur.com/FkQhwdm.png Original: http://i.imgur.com/szIxoX1.png Use this as a guide if you wish, and for scale.
Here are some examples that I really like:
To Apply
If you're interested in this project, or want to hear more, feel free to respond to this thread or PM me.
I know that I have listed a lot of requirements for this project, so if it's too overwhelming or if the payment is too low, I'd love to discuss either cutting down on the amount of work and focusing on the basics (background, base plots, street, several buildings & vehicles) or raising the payment.
Please send samples of past work, and let me know how much time you can dedicate to this. I want to get a prototype working within 2-3 weeks.
submitted by davros_ to gameDevClassifieds [link] [comments]

My Reason To Invest in & Analysis on TokenPay ICO (1st Anon Crypto with a Bank)

See this picture first!
What is TokenPay? They are creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
submitted by PIQAS to business [link] [comments]

[REVIEW] Why I Invest in TokenPay ICO (TPAY Coin) - Over 1211 Bitcoins Gathered So Far | Crypto-Bank

What is TokenPay? They are creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
submitted by PIQAS to CryptoCurrencies [link] [comments]

TokenPay ICO Review - 11000 Bitcoins Raised So Far! TokenPay Scam or Not?

What is TokenPay? They are creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
submitted by PinkGodfather to CryptoReviews [link] [comments]

TokenPay Review - Trending ICO of 2018 - 1200+ BTC invested so far

See this picture first!
What is TokenPay? They are creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
submitted by PinkGodfather to SideProject [link] [comments]

TPAY Coin sets new ICO record with Over 1500+ Bitcoins Invested, World's First Crypto Bank - Funding Still Open

See this picture first!
What is TokenPay? They are creating an anonymous cryptocurrency based bank. The new bank will allow users to easily make anonymous payments to retailers and for online transactions. They hope to combine the benefits of traditional banks with the benefits of the new blockchain revolution. The new card will allow users to spend Bitcoin and a variety of cryptocurrencies including their own TPAY token.
How Does it work? The new cryptocurrency will use a Dual-Key stealth address.These addresses allow the user to share their address publicly but any transaction that is sent to the address cannot be linked back to it. This means that the payment will be completely anonymous
The current crypto market Cryptocurrency has seen huge growth during 2017, Bitcoin is still the biggest cryptocurrency by far with a huge coin price of over $17,000. Many new users have been introduced to the world of crypto this year and want to use it to make payments.
However Bitcoin is facing some major issues, transactions have become slow and expensive, nearly all transactions are costing $10 in fees, making it impossible to make any sort of small purchase with it. Ethereum has also faced issues, the recent crypto kitties game showed that its blockchain still isnt able to successfully handle many transactions.
Why does TokenPay use the blockchain? The new blockchain that the project will be running on is from Bitcoin, this allows them to use all of the benefits that the blockchain has brought such as being safe and secure whilst adding their own beneficial features:
Extra security: The new blockchain will have additional security and anonymity features, many people believe Bitcoin to be anonymous, however this is far from the case. Tokenpay will be truly anonymous. Proof of stake: Many people now view proof of stake to be far superior to the proof of work that Bitcoin uses. Proof of work needs miners who use computing power to solve problems, however this system has shown to use huge amounts of electric and is quickly being shown to not be scalable. The proof of stake system that the platform uses means that users who hold the token will receive interest for holding on to them. This creates a more economical system which also provides benefits for holding the tokens which should then see the price increase.
Coin supply and Proof of Stake rewards The new project will only ever have a small coin supply which is limited to 25 million coins, this is different to fiat currencies that people have become used to where governments can just decide to print more money. Miners (those holding coins) will be rewarded with 5% yearly interest.
Use of the Tor network for maximum security The project will make use of the tor network which has become famous for anonymity, this combined with their multi signature addresses will ensure privacy for users.
Advantages Fast speed of transactions, making it much more practical to use. The only coin to be completely private and have an encrypted chat. Monero is currently the most private cryptocurrency, however Tpay also has the advantages of running on the tor network aswell and having a secure chat. Many other currencies are supposedly anonymous but they still have faults making them linkable. 5% staking interest per year giving token holders an incentive to hold their tokens. Becoming a licensed bank Ofcourse TokenPay already has many benefits simply as a cryptocurrency for P2P transactions. However theyre also aiming to become an international bank. They plan to either set up a bank or purchase a bank based in Vanuatu. Theyre already in talks with this bank which already has an agreement with Mastercard, this will allow them to offer many banking services from the start. They plan to offer traditional banking services with the bank based around the Hong Kong $ that is pegged to USD.
Multi Currency debit card The new card will be linked to the Tpay digital wallets, meaning that its easy to load and then make purchases without the need for retailers to sign up to anything new, as far as retailers are concerned youll be paying in fiat with your crypto based card. A users tokens such as TokenPay, Bitcoin or other popular cryptocurrencies will be available to spend at any store that accepts debit cards. The cards will also be able to use ATM machines for customers to withdraw cash. The card will cost users just $15 with no fees if its being used in the users home country.
Payment processing The project also aims to offer payment processing for merchants. Fees for merchants will be as low as 0.25% which is far lower than most payment processing providers. This will allow retailers to receive payments in either fiat or cryptocurrency.
History and Roadmap Q2 2016:Got a partnership with UKSTOCKTRADE. Did a presentation at MIT fintech conference. Q4 2016: Due to the rise in demand for blockchain based projects the founders began to focus on cryptocurrency. They then established their headquarters in the British Virgin Islands. Q1 2017: Recruited a development team to build a more secure, private and faster type of cryptocurrency. Proprietary integration of the tor network. Created the stealth messaging system. Q2 2017: Launched the multi sig transaction system. Released the new paper wallets. Q3 2017: Set up a deal to acquire an established bank. Added a new ring signature feature to the blockchain. Q4 2017: Released the whitepaper and began the Tpay token sale. Q1 2018: Completing the ICO. Adding Tpay to popular exchanges. New Apply iOS wallet released. Due diligence of the bank integration. Q2 2018: Tpay website launched for commercial customers. Acquisition or partnership of the new bank. Merchant services application. Q3 2018: The new debit card is sent out to customers.
Tokenpay ICO Details The token sale is set to run until the 17th of January with 14,250,000 tokens available and is split up into 4 different sections with bonuses available:
Until the 13th December: 100% bonus on purchases. December 14th- January 3rd: 50% bonus available. January 410: 25% bonus available. January 1117: 10% bonus available. Price: 1 Bitcoin=3000 Tpay + 50% Hardcap: 5000 Bitcoin. Tokens will be sent to investors within 30 days of the sale ending.
Conclusion Cryptocurrency has grown massively during 2017, however its still not being used for many real world transactions with the fees of most coins currently being too high. This new currency offers many benefits such as low fees and being anonymus. If it was to launch as just a currency then I think it would do very well. However its also launching as a bank which offers additional benefits. The team behind the project looks solid with some of them having a long history in the finance and banking world. If the project can stick to its road-map then Im sure the token price will rise very quickly.
www.tokenpay.com
UPDATE
Due to SEC regulations within USA, Americans are no longer allowed to participate in any ICO offerings. This is good and bad news. Bad news for Americans that they can't profit the price of the coin (token) during the ICO sale. But it's good news for the rest of investors because once this coin ends up on exchanges, Americans who got a refund or couldn't buy the tokens, they will buy the coin in its early release. This will pump the price quite fast, and we can hope on a nice booming wave early on
Anyway..even if you are an ambitious American... with a windows VPS based in EU or anywhere but US.. you can still get what you want :)
submitted by PinkGodfather to BitcoinBusiness [link] [comments]

BITCOIN ON VERY FINE LINE - BTC PRICE TO BE READY FOR Bitcoin to break $10k?  BTC Price Targets Bitcoin $6,400 Floor CRAZY COOL BTC DATA Bitcoin & Litecoin - The Best Cryptos Long Term - YouTube BUY BITCOIN vs. Ethereum vs. Litecoin

You understand that Bitcoin.com does not pre-screen or monitor the content posted by users of these various communication tools, which means that if you choose to use these tools to submit any type of content to our site, then it is your personal responsibility to use these tools in a responsible and ethical manner. By posting information or otherwise using any open communication tools as ... Images for download on the MIT News office website are made available to non-commercial entities, press and the general public under a Creative Commons Attribution Non-Commercial No Derivatives license. You may not alter the images provided, other than to crop them to size. A credit line must be used when reproducing images; if one is not provided below, credit the images to "MIT." Close ... Related keywords: Estonian company formation, Estonia bitcoin license , bitcoin Estonia license, ... The new legislation will cover commercial use of DLT (Distributed Ledger Technology) for transmitting and storing of “value” (including cryptocurrencies). The new laws will apply to activities not covered by other forms of regulation including storage of digital assets for others, mining ... Namibian Central Bank Bans Bitcoin For Commercial Use. Published. 3 years ago. on. September 16, 2017. By. Rachael Odhiambo. Share; Tweet; Following the warning by the Central Bank of Namibia to its citizens to invest in bitcoin at their own risk and a promise to release an opinion paper on the adoption of bitcoin, Namibia has now officially banned the use of bitcoin or any other ... BaFin license required for commercial Bitcoin transactions such as mining pools . The threshold for the obligation to obtain a license is fluid. If additional service elements kick into the pure use of Bitcoins, this threshold can be exceeded rapidly. Therefore, whoever not only mines, purchases and sells Bitcoins in order to supply himself with goods or services on the market, but ...

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BITCOIN ON VERY FINE LINE - BTC PRICE TO BE READY FOR

In this Bitcoin technical analysis video, we talk about a current bitcoin falling wedge that BTC eventually has the potential to break out of. With a target to $16,000, we evaluate if BTC price ... Watch the hilarious AML BitCoin commercial that the NFL banned from Super Bowl 2018! AML BitCoin is the world's first AML/KYC/Patriot Act Coin that's complia... Bitcoin is in a very volatile area right now, and a move is most likely imminent. BTC price is trading between two very important trendlines and which way Bi... Bitcoin vs. Ethereum vs. Litecoin Cycles of Bitcoin - https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative/ https://medium.com/@h... Top 5 Bitcoin Commercials of 2019 - Bitcoin is being advertised in many different ways by companies in various industries. In this video, you will find the top five commercials which advertise ...

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