Get started

Sequentialvzion

DCRUSD: buy setupCMC #46 " What Is Decred (DCR)? Decred (DCR) is a blockchain-based cryptocurrency launched in February 2016. The Decred token and protocol were created to facilitate open governance, community interaction, and sustainable funding policies. According to the official whitepaper, Decred was created in such a way that the community approves all transactions and changes made regarding the protocol. Hence, there is no way for big Decred holders to manipulate the operation of the protocol. Decred was heavily influenced by Bitcoin and utilized many of the underlying principles of the original cryptocurrency. Who Are the Founders of Decred? The main driving force behind the creation of Decred is an enterprise called Company 0. Its mission is to use the capabilities of blockchain technology to create better personal data protection and to bring organizational liberty to projects. Jake Yocom-Piatt is the founder and CEO of Company 0. Currently, he is serving as a project lead for the Decred project. His involvement with cryptocurrency and blockchain technology spans over more than ten years. Code written by Jake Yocom-Piatt has been used in the composition of several Bitcoin-related projects, including the creation of Lightning Network Daemon. Marco Peereboom is the chief technical officer of Company 0. He is the direct supervisor of several teams on the Decred project, including development, security, and infrastructure. Mr. Peereboom’s career includes positions in companies like Dell, where he was a Senior Architect. He has been at Company 0 for more than five years, and his involvement with the Decred project is essential for the successful launch of the cryptocurrency. What Makes Decred Unique? Decred is an innovative project because it bets on blockchain technology’s decentralized nature to prevent monopoly over voting status in the project itself. One of the main goals of the Decred protocol is to ensure that all DCR holders have the same amount of decision-making power and that large institutions cannot swing the votes in their favor. By introducing ticket-holder voting, Decred ensures that people who have enough DCR will have the opportunity to participate in votes regarding the company/token’s future and operations. Decred also created a dedicated voting platform called Politeia, which allows users to participate in votes, submit proposals and start discussions. Not only that, but to ensure those voting rights, Decred is employing a hybrid consensus mechanism, which combines both the proof-of-work (PoW) and proof-of-stake model (PoS). How Many Decred (DCR) Coins Are There in Circulation? Decred plans to issue a total of 21,000,000 tokens. Currently, about 60% of these tokens have entered circulation. Of the 21 million tokens, 8% were mined before the launch of the protocol. Half of these pre-mined coins went towards an initial airdrop, while the other half was distributed to cover costs acquired by Company 0 during the development of the protocol. The initial airdrop was designed to reward interested parties by giving them free Decred (DCR) tokens. Tokens were distributed among participants who had registered for the airdrop event beforehand. How Is the Decred Network Secured? Decred uses a hybrid PoW/PoS consensus mechanism, which combines features of the two most popular consensus models. The cryptocurrency uses proof-of-work (PoW) to mine new blocks on the blockchain; however, miners receive only 60% of the reward after a successful mining operation. The proof-of-stake (PoS) consensus is used in the voting organization, and it allows users to participate in the ticket-holder voting system. Voters employing the PoS consensus receive 30% of the block reward. The remaining 10% of block rewards are stored in the Decred Treasury. Decred hosts frequent Politeia discussions and votes on how the funds from the Decred Treasury should be spent." source: coinmarketcap
POLONIEX:DCRUSDLong
by sequentialvzion
3
RSRUSD: buy setupCMC # 102 "What Is Reserve Rights (RSR)? Reserve Rights is a dual-token stablecoin platform that was launched in May 2019 following a successful initial exchange offering (IEO) on the Huobi Prime platform. Reserve Rights’ dual token setup includes a stablecoin known as the Reserve stablecoin (RSV) — which is backed by a basket of assets managed by smart contracts. The second token is the Reserve Rights token (RSR), which is used to keep the RSV stable at its $1.00 price target through a system of arbitrage opportunities. Unlike RSV, the Reserve Rights (RSR) token is volatile, and its main purpose is to help maintain the stability of RSV. It can also be used to vote on governance proposals — helping holders shape the future of the Reserve Rights ecosystem. In the later stages of the project, Reserve Rights plans to back the Reserve stablecoin by an increasingly diverse basket of assets, and eventually move it away from the U.S. dollar peg — instead creating an alternative reserve asset where RSV tokens instead represent fractional ownership of the collateral pool. Who Are the Founders of Reserve Rights? Reserve Rights was co-founded by Nevin Freeman and Matt Elder. Freeman is Reserve's CEO and a seasoned entrepreneur. He describes his life goal as "solving the coordination problems that are stopping humanity from achieving its potential." Matt Elder, on the other hand, is an experienced engineer who previously worked for Google and Quixey, and now works to oversee the architecture of the Reserve protocol implementation as the project’s CTO. Since its launch in 2019, the Reserve team has grown considerably, and now includes more than two dozen individuals, which includes engineers, developers, and legal and compliance staff — all unified under the shared ambition to position Reserve as an open, massively scalable stablecoin that promotes economic prosperity. What Makes Reserve Rights Unique? Unlike other stablecoins that are typically backed by U.S. dollars (USD) held in reserve in a bank account controlled by the stablecoin issuer or a trusted custodian, Reserve stablecoins are backed by a basket of cryptocurrencies managed by smart contracts. This basket initially consists of Ethereum stablecoin assets, including USD Coin (USDC), True USD (TUSD) and Paxos (PAX), but there are plans to later transition to a more diverse basket, which might eventually include fiat currencies, securities, commodities and complex asset types, like synthetics and derivatives. Arguably Reserve's major defining feature is its Reserve Rights token, which is minted and sold when the RSV stablecoin loses its peg with the U.S. dollar. The funds generated by selling RSR tokens are used to replenish the RSV collateral pool, whereas when RSV is valued at above $1, the additional collateral will be used to purchase and burn RSR from the secondary market, driving down the supply. Arbitrageurs can benefit from this mechanism when RSV is valued at above $1.00, by buying RSV at $1.00 from the Reserve smart contract using RSR, and then selling it at the current market price to net the difference as profit. This option is only available to RSR holders, and is currently one of the main drivers for holding RSR tokens. How Many Reserve Rights (RSR) Coins Are There in Circulation? Reserve Rights has a fixed supply of 100 billion tokens. Out of this, less than 10% are currently in circulation as of October 2020. The maximum token supply has already been pre-mined, but a large proportion is locked for various reasons, including 55.75% of the supply locked in a smart contract known as the "slow wallet.” Funds from this wallet are released following a one-month delay with a public on-chain message from the Reserve team explaining the purpose of the withdrawal. Although RSR has a fixed supply of 100 billion tokens while on Ethereum, the Reserve team has stated that this maximum supply might change once Reserve moves to its mainnet — an event currently slated to occur in 2020. The Reserve Rights token initially launched with a circulating supply of 6.85 billion tokens, of which 3% were distributed to Huobi Prime IEO participants, 2.85% released as project tokens and 1% to private investors. All team, advisor, partner, and seed investor tokens will remain locked until after the mainnet is launched. How Is the Reserve Rights Network Secured? Reserve Rights is currently an ERC-20 token based on the Ethereum blockchain. As a result, it is secured against attacks by a robust proof-of-work (POW) consensus mechanism backed by a network of thousands of Ethereum miners. Reserve Rights is scheduled to migrate to its mainnet in 2020. As of October 2020, Reserve has not yet announced which consensus mechanism the new blockchain will use to secure the network."
RLong
by sequentialvzion
COTIUSD: buy setupTo every living human being " What Is COTI (COTI)? COTI markets itself as the first enterprise-grade fintech platform that empowers organizations to build their own payment solutions as well as digitize any currency to save time as well as money. COTI is one of the world’s first blockchain protocols that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers. COTI Pay is the first application. It describes itself as a fully encompassing finance on the blockchain. The COTI Group launched in March of 2017, while the Staking Platform Launched on Jan. 1, 2020. It is an ecosystem that is designed specifically to meet all of the challenges associated with traditional finance, including latency, fees, global inclusion and risks. This is done through the introduction of the DAG-based protocol as well as infrastructure that is completely scalable, private, inclusive and fast. The ecosystem has DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution and a payment gateway. Who are The Founders of OTI? COTI was founded by Samuel Falkon and David Assaraf. Samuel Falkon is the co-founder of COTI Group and works as the VP of business development at COTI Group. He is also the chief revenue officer at Paywize, as well as the founder of Gil Scott Ltd. David Assaraf is the co-founder of COTI Group, and he also co-founded Frequants and was a member at the board of directors at an amusement park. What Makes COTI Unique? The thing that makes COTI unique is COTI’s platform. This platform enables companies to effortlessly create advanced fintech products and save time, data and money. COTI pay can process every kind of payment type, both in terms of online payments as well as offline ones. This includes crypto and stablecoins, as well as credit cards and even native coins. It has built-in financing to boot, with interest earned on deposits and loans. This also connects with the white label payment network. Traditional payment systems simply cost both merchants and customers amounts up to billions of dollars on an annual basis. As such, the white label payment network is a global payment network for users and merchants that make transactions freely throughout a digital wallet, coin and much more. COTI is also the world’s first platform that is optimized for the creation of coins that are stable in price. As such, a user has the ability to issue their own stable coin and regain full control over both their money and their data. How Many COTI (COTI) Coins Are There in Circulation? COTI (COTI) has a maximum supply of 2,000,000,000 COTI coins. How Is the COTI Network Secured? COTI has an infrastructure that is based on the DAG protocol and their Trustchain algorithm. Above this infrastructure layer lies the services layer known as Coti X. Coti X offers KYC and compliance, interoperability exchange, buyer-seller protections and stability frameworks. Then you have the COTIPLAY layer, which offers externally developed stable coins, externally developed payment apps and much more. COTI uses a hash table as its data structure which is based on chaining. This means that the blockchain itself can secure the computing and privacy of customers. The COTI protocols have made the system a lot more secure for both buyers and sellers. As such, COTI has an ecosystem that provides robust cybersecurity measures around data integrity as well as confidentiality. The COTI wallet is based on the React Native Framework and provides cross-platform functionality and portability. The COTI wallet requires user credentials and is paired with 2FA login in order to establish a connection with the node manager. Once this is established, all communication requires the wallet’s seed. This means that all of the messages are validated and no spoofing or manipulation is possible within this system."
BINANCE:COTIUSDLong
by sequentialvzion
1
UBTUSD: buy setupTo everyone out there CMC Project #146 (as of Feb 22 2021) Unbright " What Is Unibright (UBT)? Unibright is a member company of SPO Consulting GmbH, which was founded in 1989. The cloud-based integration platform was released in 2011; the cross-blockchain and cross-system business process integration of Unibright was launched in 2016. Unibright is backed by a team of experts in the field of blockchain, as well as architects, developers and consultants that have over 20 years of experience in business processes and integration. Unibright offers a unified framework with the goal of bringing blockchain technology and contracts to mainstream users. Unibright offers enterprise-level blockchain solutions, integration platforms and an ecosystem centered around tokenized assets. Unibright also plays an important role in the development of the Baseline Protocol. This protocol is designed to connect traditional systems to each other and notarize states on a public mainnet, such as Ethereum. Baseline Protocol is an open-source initiative. Acting as middleware, it combines advances in cryptography and messaging with blockchain in order to deliver secure and private business processes at a low cost. Baseline Protocol can automate B2B agreements without the need to create new blockchain silos and integrate new relationships with existing ones in a flexible manner and without the loss of system integrity. Furthermore, Baseline Protocol can enforce consistency between different parties’ records without the need to move the data from legacy systems. It can also enforce a multiparty workflow. Who Are the Founders of Unibright? The co-founders of Unibright are Marten Jung and Stefan Schmidt, both of which have over 20 years of experience in software development, process integration and technology consulting. Marten Jung is a co-founder and CEO at Unibright. Before UBT, he was a member of INATBA, and was the leading contributor to Ethereum mainnet integration for enterprises working group EMINENT. Stefan Schmidt is the co-founder and CTO at Unibright. He was also a technical steering committee member at Baseline-protocol.org and integration taskforce leader at Enterprise Ethereum Alliance. What Makes Unibright Unique? The Unibright Framework is a low-code business modeling and integration platform. It was created with the intention of helping enterprises to take advantage of blockchain technology. Unibright also implements DeFi and tokenization in its Unibright Freequity solution. Through this service, they offer token definition, token issuance, custodian services, exchanges and liquidity, integration, derivatives and portfolios. The Unibright Token, or UBT, is the utility token that is used in all of the above products. Possible uses for UBT include smart contract creation, smart contract connection, tokenization and workshops. With their no-coding-needed approach, smart contracts can be generated, deployed and even updated completely automatically into different blockchains. As a result, Unibright works with visual-based, use-case templates and can automatically integrate existing IT systems into the blockchain. How Is the Unibright Network Secured? As mentioned previously, Unibright plays an important role in the development of the Baseline Protocol, which offers extra privacy. It also enables confidential and complex collaboration between enterprises without exposing sensitive data on-chain. All of the participants in a business process set up microservice containers. \ The Baseline API then acts as a gateway to all services within the container and the mainnet, providing a system for queue management. A secure messaging service that provides secure stateless message transport is also available, as well as a zero-knowledge-proof service that can generate proofs of private logic execution and consistency. As such, Unibright offers a unified framework that brings blockchain technology and smart contracts to mainstream use." source: coinmarketcap UBTBTC
ULong
by sequentialvzion
1/ATOMUSDT What do you think will happen next? 🚀Hello, dear charts reader! Stargate v0.4.0 is live! Interoperability is around the corner. And if you still don't get what it is all about then you should know that this is similar to what people experienced like when TCP/IP was demo'd. AMM, Interchain wallets... The more transactions are being made on the network the more fees are being collected. When fee volume is going up it is usually a very positive sign and will very likely cause a higher demand of the token. Why dealing with gas fee? L1 + L2 POS infra out there and can be used at either layers. Open-source software for launching blockchains Applications can be written in any language Allows communication with other blockchains The future is here!
Long
by sequentialvzion
BTCUSD: Dec 2020 UPDATEHello, wonderful person! I hear people talk about uncertainty here and there, but my indicators looks pretty confident. Yes, we have a red 9 setup and 13 countdown on the monthly, which is a rare sign of a pullback and since we are in the middle of an uptrend we have two options here: 1) Dec 2020 pullback to $12100-$15120 2) Jan 2021 pullback to $12100-$15120 and the only uncertainty/questions here is which price is the best to short and how fast the pullback is going to strike back to the upside. I don't know, what I can tell you is most likely to happen somewhere between Dec 21 2020 on a 3 weeks range. Anyway, this is not a financial advice it's just what my indicators told me. Best regards!
BITSTAMP:BTCUSDShort
by sequentialvzion
NFLX: Red 13 right on time!Hello, wonderful person! Netflix was first founded in August of 1997 and since then growing with ATH May 15 2020 Capitalization today $187.14B in 23 years. What can go wrong you ask? Well, from technical (sequential) perspective it is a red 13 on the Yearly timeframe, while from fundamental perspective the era of subscription-based streaming service with over 182 million paid subscriptions worldwide as of Apr 2020 coming to it's end. Some of you know that Microsoft and Netflix itself are adopting IPFS to drive a number of distributed computing use cases, but not many understand that Bittorrent with 300M users currently the biggest competitor in this field. My friends laughed at me last week when they found out that I distribute torrents at night for $BTT. "Who uses torrents in our time when there is a Netflix?", - they told me. I guess soon we'll find out. Regards.
NASDAQ:NFLXShort
by sequentialvzion