Now that 2018 bear market has resulted in billions lost, investors have become wary of the overall Cryptocurrency landscape, with many stating that popular digital currencies such as Bitcoin, are nothing more than a ‘’fad, that will not withstand the test of time’’.
Bitcoin naysayers are proudly proclaiming that the entire Blockchain industry is nothing but a delusional dream, as the nascent technology struggles to gain mainstream adoption or acceptance. Many, fail to understand that blockchain actually consists of a set of technologies, not a single product or an industry. It doesn’t help the fact that startups are promising to disrupt a particular industry, with claims of being at the birk of a digital revolution- this is the main reason as to why there is a big misconception surrounding the idea that Blockchain technology itself, represents an industry.
Indeed, blockchain is an underlying technology that empowers Cryptocurrencies today - taking Bitcoin’s protocol as an example, we can pinpoint that there is an element of distributed computing and governance.
But let’s be more precise, Blockchain itself is a result of a collection of technologies: distributed computing, cryptography, Merkle trees or hashing - these existed long before Bitcoin came into existence in 2009.
So what’s next for Blockchain Technology?
During the bull run of 2017, cryptocurrency enthusiasts were the cause behind much of the hype, that led to Blockchain being labeled as upcoming ‘’disruptive technology’’, that no matter what industry you’re working in, there is a possibility of that sector benefiting from DLT. Essentially, we had a brand new technology that is meant to disrupt and revolutionize certain processes, leading to greater efficiency, reduced costs and improved functionality.
Experts who saw through this speculation at the height of the Market, were quick to note that Blockchain has not even remotely, come close to mainstream adoption. With over thousands of different Cryptocurrencies available on the marketplace, investors and stakeholders should remain wary whenever a bold claim involving the word ‘’disruption’’.
Let’s assume that Blockchain technology will not be labeled as an independent industry but rather revolutionary technology that has the power to disrupt existings industry. Here are some examples, where Blockchain acts as part of a collection of technologies that, when combined, serves to provide a full-spectrum of services.
Aergo, a project that looks to establish a bridge between Public & Private blockchain features an Enterprise-focused hybrid solution, catered specifically to the needs of businesses. Applying Blockchain technology to help streamline commercial services by using distributed technology to reduce cost, offer greater transparency and provide hybrid architecture, that support large-scale operations. The project envisions a future where among-st Enterprises, Blockchain is adopted to specifically streamline certain processes in a more efficient and effective manner. The intermingling of public and private ledgers has emerged as a key narrative in enterprise blockchain, thus Aergo alongside Blocko is offering a Blockchain-as-a-service that lets businesses adopt an array of enterprise blockchain tools. A company choose to interact with an open source and public network, while deploying its own private blockchain architecture.
Decentralized Applications & Network
Ethereum, is the world’s most popular platform for deploying smart contracts and dApps, that has become a haven for Developers, who seek to build applications on top of a distributed network. Despite using a relatively new programming language, Solidity, the project manages to attract a wide variety of talents, who build innovative services on top of Ethereum’s network. Luring thousands of developers to its platform, a majority of today’s custom-tailored solutions are coming alive & deployed on top of Ethereum. Now, there are over thousands of different applications that utilize Ethereum network and Consortium known as the EEA, have begun forming strategic alliances with existing institutions, companies and businesses to build applications on top Ethereum’s network. The idea is based on advancing to use the ethereum mainnet as a kind of decentralized middleware or message bus, allowing companies to interact peer-to-peer but keeping a common frame of reference.
Financial Payment Protocol
Ripple, the all-in-one enterprise payment solution tailored to the needs of Banks, financial institutions and remittance services. Despite, XRP having few use-cases (Ripple’s own currency), it was designed to be used in conjunction with RippleNet - a network of Financial payment-providers. The team behind Ripple are merely using DLT to improve on existing financial services by leveraging the technology to not only cut out the middleman but offer an alternative payment ecosystem, that facilitates the transfer of value. Blockchain is applied in this instance to allow parties a frictionless experience when it comes to sending money globally.
Let’s consider Blockchain a revolutionary tool that, when integrated or implemented for a particular process, offers a wide-variety of use-cases. When applied in a proper manner, DLT does have the potential to disrupt an industry, especially in a sector where decentralization provides clear benefits. Over time businesses of all sizes will begin to recognize the efficiencies of Blockchain technology and harness the concept to power their existing systems.
The good news is that the ability to harness the concept of Blockchain will be possible thanks to the tools and resources being created by projects. The question will be whether these applications will disrupt the current “status quo” or merely become an enabler, to be embraced throughout the world.
Blockchain could have a similarly disruptive effect on the internet, or it could be the next Pets.com. It’ll be up to innovators and visionaries to accept or address the “status quo” and ultimately, prove whether blockchain technology will be a disruptor or an enabler.
The connection between Aergo and Blocko; it’s really a symbiotic one. There’s a truth behind the partnership as this power couple is en route to revolutionize one of the most compelling aspects of the space: Enterprise Blockchain. It’s uncanny that it’s not just a mere few who aren’t familiar with the Korean rooted duo; and it is really out of my own excitement to want to elaborate on why these companies, offer more than what meets the eye. Further, to detail on both the solutions they bring to enterprises, before diving deep into their relationship.
For starters, the need for Aergo as a blockchain solution comes from the knowledge that enterprise adoption of blockchain remains nascent and filled with skepticism. ‘It’s a slower database’ claim “CryptoCurrency Experts”. Now, we do have giants such as IBM & R3 pouring resources into their own technologies; ie, Hyperledger and R3 Corda. Often times, they're real benefits to consider such as trust, transparency and security, hence, enterprises should have some degree of interaction with a public network. By utilizing a permissionless blockchain that is decentralized and open to all parties. Aergo attempts to cater to that need in an extraordinary way by essentially, introducing a hybrid blockchain that take benefits from the advantages of a private & public blockchain
Aergo presents itself as a blockchain solution, catering to the enterprises who intended to integrate blockchain to day-to-day operations. Businesses can now deploy their own Blockchain, controlling the paraments that lets them decide what type of public chain, a private chain, or hybrid chain on top of the public network. In doing so, Aergo brings to enterprises the best of both worlds – private and public – blockchain solutions. The platform is further supported and developed by Blocko, a Blockchain-as-a-service provider whereas Aergo is based on open source technology.
As part of this review, will be covering each of the solutions provided by Aergo and we’ll explore their flairs and interdependent features.
AERGO – Fueling Enterprise Blockchain
As previously mentioned, Aergo intends to place itself as a worthy contender for enterprises to explore blockchain solution with confidence. While it is no secret, that some of Fortune 500 companies open themselves up to blockchain in the past few year, the lack of adoption is proof that existing private-blockchain solution have made little to no progress. Enterprise IT seeks for the security of data, transparency of operations, low risk of operations while remaining cost-effective. Now, readers would know that these are attributes spread across private and public chains. While either of the chains will be robust, the security of information and risk of hard-forking because of consensus algorithm chosen will remain high in public chains. At the same time, enhanced privacy and security can be assumed to be true in a private chain; but it would be rather cumbersome and costly to run the entire chain. As an upcoming project, Aergo is set to address existing problems.
AERGO is in a place where cloud infrastructure was about a decade back. Enterprises could choose to have a private cloud infrastructure or public infrastructure in a data centre or choose a combination of both private and public infrastructure. Aergo using distributed ledger technology, and hence it’s easy to see its chances of success.
Following is a pictorial representation of how Aergo is envisaged to be in operation:
AERGO further makes the blockchain simpler for enterprises. One of the biggest barriers when it comes to Blockchain development is the expectation of having to pick up a new programming language that developers have to learn to run & deploy a Blockchain/smart-contracts/dApps. Aergo minimizes this by using the current coding languages and technologies wherever possible. For example, the AERGOSQL is the language for coding the smart contract based on the well-known SQL language. Finally, the default consensus language used by Aergo is DPoS which is more robust than the Proof of Work (POW) or Proof of Stake (POS) algorithms. Besides, side-chains allow Aergo to process more transactions per second as compared to traditional blockchain solutions like Bitcoin (6-7 transactions per second) or Ethereum (12-13 transactions per second).The best part, though, is that enterprises can choose to have their own consensus algorithm based on their business needs. In other words, Aergo does not bind enterprises to use the DPoS algorithm but allows them to choose their own version based on their needs.
So, where does Blocko fit in the whole scheme of things? Well, it is not rocket science to realize that the in-house IT systems will work along with the deployed blockchain, so how will the Aergo platform speak with the legacy IT? You guessed it right. Through Blocko, the service provider for Aergo’s open source platform. But Blocko has done a lot more than you think in the past 5 years.
First, let’s get to know Blocko.
Blocko, did we say?
Yes, we did. Blocko is a leading commercial blockchain infrastructure provider supporting over twenty enterprise clients, with a solution in place that estimated to be serving more than twenty-five million end users daily.
Here is a look at their enviable client list:
Here is a look at the Coinstack Platform:
Through Coinstack, Blocko provides enterprises a core blockchain infrastructure which enterprises can utilize to build their own custom blockchain. Blocko, therefore, has gained tremendous enterprise confidence, and most of them are globally renowned brands having their roots in Korea.
So, how do Blocko and Aergo come together?
Let’s look at that to
Aergo and Blocko – The Perfect Blockchain Blend
Aergo takes the Blocko proposition to the next level by making the proposition as an end-to-end, open source hybrid blockchain platform. In doing so, Blocko and Aergo can mutually support each other’s solution. Blocko can also talk to their clients about Aergo as an enhanced solution from its portfolio.
The time tested credibility that Blocko has already acquired by working with enterprise clients is extended to Aergo. Therefore, any apprehension that enterprises would have can be easily addressed. One of the core strengths of the Blocko solution, or Coinstack to be precise, is its ability to interface with legacy IT systems and in the process enabling Aergo to interact with legacy enterprise IT easily.
Many more benefits are expected to accrue because of this association, and few of the benefits of Blocko’s enterprise know-how contributing to Aergo and vice-versa are mentioned below:
1. Knowledge that Blocko has acquired from their work with the twenty enterprise customers can be shared with Aergo
2. Aergo Protocol will have Coinstack as its foundational element allowing many existing benefits like APIs for backward integration to be readily available for Aergo
3. Blocko will bring to the table robust deployment frameworks which will benefit Aergo in taking the proposition to future clients. These could include proven deployment as much as innovative use-cases
4. Blocko can take Aergo to its existing customers as an enhancement of their blockchain solution. Aergo’s solution would be important for those customers who moved away from public chains due to lack of privacy and operational control
5. Blocko having a head-start can actively market Aergo and support its implementations. As such, enterprises will be confident that the implementation will be backed by a team which has already done it before.
6. Blocko with its established Research and Development and technological progress enable them to be the strategic technology partner of Aergo. Blocko can bring to the table all the IT integration learnings and solutions that were developed for its enterprise customers. In fact, Blocko will develop a few core key technologies for Aergo. These include:
a. A super-fast and efficient blockchain protocol
b. A new powerful SQL smart contract engine
c. Advanced IT integration APIs
d. Easy to use developer tools and many more
7. Blocko’s existing partners, other than Aergo, can also join the Aergo ecosystem in developing and deploying the Aergo platform. Few partners of Blocko have already evinced such interests, and Blocko is more than happy to have all of them to work together
These are a few of the benefits that are visible for the close working of Aergo and Blocko. The coming together of two innovative blockchain platforms augurs well for Enterprise adoption of the future.
The individual strengths of Aergo and Blocko are enhanced multiple times through collaboration and co-operative action. The blockchain platform that comes forth has the benefits of being open-source, capable of working in multi-chain systems at the front-end because of Aergo, while Coinstack’s robust interconnecting private layer opens up integration opportunities for Aergo with an enterprises’ legacy IT, which in turn makes their back-end systems more efficient, and stable. The association therefore has the potential of taking the IT industry to the inflection point from where enterprises will tip towards the blockchain as a sought after IT solution.
The future of enterprise blockchain, therefore, looks promising because of the Aergo platform powered by Blocko!!
For more information, visit: Aergo.io
This Article originally appeared here on CryptoPurview
At this time things will be discussed not from the field of film, music, politics or anything else. This time coming from the world of E-Sport, E-sport which used to be underestimated by many people has now become increasingly calculated. Plus the technology sector is growing rapidly and almost all people in the world are already affordable with the name of technology.
The E-Sport world is considered promising because big competitions are increasingly being held. Prizes given are also not playing for a big event. Not to mention if a team is considered to have a name in the ranks of the professional team, the cooperation offer from several brands will also add to the income of a pro player.With the development of technology, the creation of the world of cryptocurrency with E-sport,namely CryptoSports.
What is CryptoSports ?
CryptoSports is a project that builds bridges between the world of E-Sports and the world of Cryptocurrency, which offers gamers and developers an innovative way to connect and provides opportunities for every gamer to make money by making what they like. CryptoSports Currency or “CSPN” develops the project based on Proof of stake and masternode with it, the cryptosports coin owners will use coins for blockchain security and earn income from staking and masternode.
CryptoSports has the main goal of maximizing development in blockchain technology along with other integration for gamers and developers. by offering a new and comfortable environment and providing full support. with CryptoSports, Fans and clans can connect with gamers and have a level of fan base. besides that gamers can also win prizes in CSPN by playing against fellow gamers and participating in tournaments or participating in esports betting. CSPN also serves as a way for gamers to buy hardware and software by exchanging it in the CryptoSports E-Store.
CryptoSports has many Features
with the advantage of CryptoSports in the E-sports world and the world of cryptocurrency, crpytosports has several interesting features including:
1. Communication Users can communicate with each other by using the provided chat and blogging functionality.
2. Live Streaming Gamers can make live streaming and the viewer can support outstanding gamers by sending CSPN and helping streamers climb the scoreboard in cryptosports.
3. Matches Gamers / clans can search & find matches to play against other gamers / clans for CSPN. Both sides agreed on a specific CSPN amount and the winner gets it all. Crypto Sports provides solutions for clarification in case of disputes like uploading demos and screenshots. The prize pots that will be closed until both sides agree on the result / dispute is resolved.
4. Masternode service The CSPN platform provides a fully web based easy masternode setup functionality giving the possibility to fully manage masternode rewards. This way clans can easily setup automatic reward sharing with their clan members.
5. Shared masternode service The CSPN platform provides a shared masternode service for investors that don‘t have enough coins to run a CSPN masternode on their own.
6. Tournaments Gamers/clans can participate in tournaments to win prizes in CSPN. Official tournament matches are being supervised by CSPN staff members.
7. Matches Gamers/clans can search & find matches to play against other gamers/clans for CSPN. Both sides agree on a specific CSPN amount to put into the prize pot and the winner gets it all. Crypto Sports provides solutions for clarification in the case of disputes like uploading demos and screenshots. The prize pot would be locked until both sides agree on the result / the dispute is resolved.
8. Crowdfunding Verified game developers can use the Crypto Sports crowd funding functionality to raise funds for their projects in CSPN and let funders take part in its development.
9. E-Store In the Crypto Sports eStore users are able to buy gaming hardware & equipment, software in form of digital download codes & license keys as well as merchandise with CSPN.
10. News blog The Crypto Sports news blog keeps users up to date about whats actually happening in the eSports world.
11. Contests Users can participate in different contests to win prizes in CSPN. Tasks can vary from designing a new header image up to winning the most 1on1 matches in a certain period of time.
12. E-Sports bets & lottery Users can take part in eSports bets and the official Crypto Sports lottery to gamble for CSPN. This functionality might be restricted to certain locations for legal reasons.
Crypto Sporst Specification
CSPN stands for CryptoSports Network and is also the core of the eponymous platform. Besides Proof-of-Stake (PoS), CSPN also provides Masternode (MN) functionality which is fully integrated into the Crypto Sports ecosystem and allows instant and secure private peer to peer transactions within the Crypto Sports Network.
CSPN Profit Staking and Masternode
Where to Buy CryptoSports ?
Crypto Sports are available for purchase on popular alt crypto exchanges
Crex24 : https://crex24.com/de/exchange...
CryptoBridge : https://wallet.crypto-bridge.o...
Graviex : https://graviex.net/markets/cs...
Altmarkets : https://altmarkets.io/trading/...
and you can check and monitoring the price of CSPN in:
Coingecko : https://www.coingecko.com/en/c...
Coinlib : https://coinlib.io/coin/CSPN/C...
CoinPaprika : https://coinpaprika.com/coin/c...
CoinCodex : https://coincodex.com/crypto/c...
For more information on CryptoSports including real-time price, market cap, interactive charts, technical information ,team and social media links, you can check : Litepaper: https://download.crypto-sports.io/Crypto_Sports_(CSPN)_Litepaper.pdf
Website : https://www.crypto-sports.io/Discord: https://discord.gg/yG5g5bFBitcointalk: https://bitcointalk.org/index.php?topic=5082078Twitter: https://twitter.com/CryptoSportsIOFacebook: https://www.facebook.com/CryptoSportsIOTelegram: https://t.me/joinchat/JN8SKE2LzFruJ2Afqme3HQGithub: https://github.com/c-sports/CSPN-Core/Explorer: http://chain.cspn.io/
Long story short: CRowdCLassic is a successor of the Crowdcoin blockchain. They made a swap and moved to another algorithm so the old blockchain was abandoned. A decision was made to continue the support of it because the network proved itself to be reliable and trustworthy one.
Our Mission To increase the adoption and day-to-day usage of cryptocurrencies for first-time and heavy users through gamification and for them to learn more about crypto realm and invest in some worthy startups in the process.
Our Project It will be a website with implemented gamification abilities and will serve as media for exchanging knowledge between users using open source code with social, marketplace and educational functions; wallet, crowdfunding, trade and voting properties and with an utility token as medium for transferring value between the peers.
Our Roadmap:2019 Q2: • Writing Whitepaper to explain the project deeper • Writing Yellowpaper with technical information to explain it in details • Putting online Minimum Viable Product (MVP) to visualize the idea • Starting a marketing campaign to promote the project • Implementing measures for mitigating common attacks: • Changing mining algorithm to mitigate 51% and similar attacks• Changing difficulty algorithm against mining difficulty fluctuations. 2019 Q3 • Moving to POW/POS/MN code base for full technology experience • Alpha version of the project: • Implementing Community Management System (CMS) • Implementing well-known wallet, exchange, crowdfunding and voting blockchain software • Adding Know Your Customer (KYC) and other user management services • Consulting by an attorney office with experience in IPO/ICO/STO field. 2019 Q4: • Beta version of the project • Mobile apps. 2020 Q1 • Code base audit by a third-party entity. 2020 Q2 • Official launch
And if you want to participate, there’s a huge giveaway at the moment: https://betweenblocks.org/topic/936/giveaway-get-your-free-crowdclassic-crcl-masternode
Crypto Sports builds a bridge between eSports and the crypto world, offering gamers and developers innovative ways to connect and provide opportunities for every gamer, whether casual or professional, to make money by doing what they love, thanks to the Crypto Sports Network and the crypto currency, CSPN.Our key focus is to maximize the development in the blockchain technology alongside other integrations for gamers and developers. The vision of the network is to offer gamers a new and comfortable environment. Providing them a system to connect with other gamers, stay up to date on the latest eSports news, increase their fan base and connect with followers & clan members.
Crypto Sports Team
Stay up to date and learn more the project here:Website: https://www.crypto-sports.ioLitepaper: https://download.crypto-sports...Bitcointalk ANN: https://bitcointalk.org/index....Telegram: https://t.me/joinchat/JN8SKE2L...Twitter: https://twitter.com/CryptoSpor...Facebook: https://www.facebook.com/Crypt...
Get a wallet from their Github:https://github.com/c-sports/CS...Try this chain explorer toohttp://chain.cspn.io
Have a question? Feel free to ask on CSPN Discord server:https://discord.gg/tvETz
Crown today has attacked Dash and also CCN (CryptoCoinsNews) for the news about first introduction of automatic instant send feature ... attack in no uncertain terms ... let's see how it will end ...https://twitter.com/CrownPlatf...https://twitter.com/dev_artem/...https://medium.com/crownplatfo...
The crypto gold rush is ongoing, but buying bitcoin and waiting for its price to go up is no longer enough to get a sufficient piece of the pie. Even mining is nothing compared to what it used to be. However, the crypto world still has ways of generating stable income and one of the most interesting among them is creating a masternode. The PayDay Coin project works on a masternode network, and today we would like to tell you what is a masternode.
A masternode is a full-fledged network node for any given cryptocurrency. The more masternodes there are on a network, the more secure it is, the faster transactions go through (up to the point of almost real-time transaction speed), the more features can be implemented.
Creating a masternode costs money and is often expensive, as a result, their owners are well-rewarded. This mutually beneficial agreement helps cryptocurrency develop and grow while offering an additional source of income.A masternode is an always-on and always online computer (ideally – a server) that has a static IP and is running cryptocurrency wallet software that is fully synchronized with the blockchain. Besides the hardware costs that can run up to thousands of dollars a much bigger expenditure is often the cryptocurrency itself. To run a masternode users must purchase in a specific amount to deposit into the wallet as collateral. The size of such collateral varies from coin to coin, but it is always a considerable amount of money. As long as the masternode is running, the collateral can’t be withdrawn, however, when the user decides to stop supporting the payment network that they can transfer and sell the coins from the wallet.
What’s the profitability? It varies from coin to coin but on average a user can expect about 0.1 to 0.5 coins per day for a running masternode, given the deposit is at 700 to 1000 coins. Considering the size of the initial investment, it’s not that much, since you can terminate your node and get all your coins back at any time.
To summarize, it’s clear that masternodes make for a relatively effective passive source of stable income, that interests users who can’t or choose not to constantly monitor the state of the crypto community or trade on crypto exchanges frequently.