Stellar Lumens (XLM) Forum with for newcomers and contributor's rewarded Check here




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It’s been a crazy ten days for bitcoin enthusiasts as the network had its first high profile hard fork that split the network into two. During the first week, the Bitcoin Cash blockchain has pushed forward, and the currency’s market is thriving. Now two cryptocurrency payment processors, the Living Room of Satoshi, and Rocketr have announced supporting BCH on their platforms.
Also read: Gold Bug Peter Schiff Says ‘Cryptocurrency Market Signals Are Wrong’
Bitcoin Cash Network and Market Thrives
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Bitcoin cash is ten days old.
The Bitcoin Cash (BCH) blockchain is moving along processing blocks and is currently thriving as a network. So far there’s been 408 blocks found on the BCH chain, and the currency has been trading heavily on exchanges. At the moment, bitcoin cash is trading at $300 per BCH and has the fourth largest cryptocurrency market cap. There are a lot of exchanges and cryptocurrency wallet providers that have decided to support the BCH network so far. Moreover, other types of operations like the marketplace Purse has also announced BCH distribution for customer funds held on the platform.

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Digital Product Marketplace Rocketr Customers Can Now Use Bitcoin Cash at the Webstore

[Image: logo_500-300x82.png]This week the digital products marketplace Rocketr has announced customers can utilize BCH on the webstore. Rocketr is a e-commerce platform for selling and delivering digital goods like files, programs, activation codes, software, and other services. The startup was founded in 2016 by Rob Danielson and accepts Paypal, bitcoin, ethereum, Stripe (credit cards), and now bitcoin cash. The company announced adding the currency on August 9 on Twitter stating;

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We’ve just enabled bitcoin cash as a payment option. Accept it in your webstore today.

Bill Pay Platform Living Room of Satoshi Accepts Bitcoin Cash  

Another cryptocurrency startup called the Living Room of Satoshi has also revealed users can utilize BCH on the bill paying platform. The company founded in 2014 is a payment processor that allows Australian residents to pay electricity, rego, phone, and credit card bills. The Living Room of Satoshi announced supporting the currency on August 7. Since then people have slowly started using BCH to pay their bills with the Australian startup’s platform.

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You can now use your bitcoin cash to pay your bills or cash out to a bank account at Living Room of Satoshi!  
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So far it’s been a pretty decent week for bitcoin cash considering all the obstacles and its slow start. Further, news.Bitcoin.com reported that Overstock.com customers can utilize BCH at that marketplace thanks to Shapeshift integration. The cryptocurrency still has a long way to go for a nascent network that’s only a week old but despite all the naysayers, its seems BCH is here to stay.

What do you think about the businesses that have announced bitcoin cash support? Let us know what you think in the comments below.

Read More Read More, Posted by: JoseRizl
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The blockchain ecosystem is booming with cryptocurrency market capitalization soaring past $100 billion at a growth rate rivaling Facebook. However, the number of blockchain users rounds down to zero when compared to the 4 billion internet users and 8 billion Internet of Things (IoT) devices that exist today. This gap between the internet world and blockchain world represents a multi-trillion dollar opportunity — the internet App Economy alone, which is a tiny sliver of the global internet economy, is predicted to be $6.3 trillion in 2021.

Mobius closes the gap between the internet world and blockchain world through innovative and simple protocols that introduce new standards for cross-blockchain login, payment, governance, and oracles. A strong developer community and open APIs have been key to the success of Facebook, Salesforce, and eBay and will similarly be key to the success of blockchain and expanding it to the masses. Today there are 18.2 million software developers in the world but there is an extreme shortage of blockchain developers. Mobius will make every developer a blockchain developer through standardized simple cross-blockchain and internet bridging protocols.

When developers are able to easily integrate blockchain technology into their applications and devices blockchain technology will experience exponential growth similar to the telephone system because of positive network effects and feedback loops that will develop and become stronger with each blockchain integration. At a macro level, blockchain will become the fastest growing technology of all time because it is a network system that rides on top of, and leverages, the most powerful network of all time — the internet.




Blockchain today is comparable to the internet in the early 1990s. In the early 1990s 9,600 bits per second modems were just entering the market. Today Ethereum runs at a mere ~13 transactions per second. Blockchain developer tools and protocols today are similarly comparable to web developer tools in the early 1990s before Stripe created a standardized simple protocol to accept credit card payments and Amazon AWS introduced simple cloud computing that made it easy for anyone to deploy a web application. Mobius similarly streamlines blockchain integration through a standardized set of APIs that bridge the gap between blockchains and internet-connected applications.

The Mobius team is incredibly excited to build bridges between blockchains and the internet world. We will soon announce details of our token sale and launch the foundational components of the Mobius Network and protocols to a select group of beta users. To keep updated please follow us via the channels below.
Website: https://mobius.network
Twitter: https://twitter.com/mobius_network
Email: http://eepurl.com/cWcydr
Blog: https://medium.com/mobius-network
Slack: http://mobius-slack-invite.herokuapp.com/

Read More Read More, Posted by: Risa
The Mobius team is proud to announce that our Mobius DApp Store is now live!
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We’ve been very busy responding to a lot of people with requests as well as developers from around the world submitting their apps below. We are excited to highlight a few projects currently in the DApp Store and announce our Developer Referral Program and Developer App Bonus!

MOBI Pre-Sale
The MOBI pre-sale is on August 8th, 2017 — for more info please visit https://mobius.network/token_sale if you like the DApp Store and want to buy MOBI ahead of time please email tokens@mobius.network. The public pre-sale price is $0.03 each but we are currently selling tokens while they last at $0.02 cents each.

DApp Store Apps: Live Now!
Below are reviews of 3 apps live now in the Mobius DApp Store. These apps on the DApp Store are already earning pre-sale MOBI today. Add your app and share with friends far and wide to start earning MOBI now. Learn more about the Developer Referral Program and Developer Bonus below.
Orbs CCG by Jeff Pickhardt

The next generation collectible card game! Orbs CCG is a deep strategy trading card game played through a web browser. It pulls off a free-to-play experience that can run on just about anything, played over minutes or months. While it clearly owes many of its mechanics to Magic: The Gathering, this is a project that could blossom on platforms. For each 4 Mobius you deposit, you earn 1 credit in game. Check it out today because Orbs CCG was named a “Digital CCG to Watch” by Forbes!

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ICO Legal Basics
A popular presentation given to San Francisco’s Token Founders Meetup. This presentation covers pertinent legal theory in the wake of the SEC’s recent announcement on ICOs. A must read for ICO participants in order to better understand this ever evolving and nebulous regulatory landscape as written by a Blockchain Policy & Regulatory Attorney with a Harvard J.D. For 350 Mobius, you too can read and learn more about where the future of blockchain policy is likely headed.

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Relaxing Words
Is a word puzzle game that challenges you to find hidden words while a relaxing background is animated in the background. Any fan of Scramble would enjoy this game. Try it today!

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Developer Referral Program
We are starting a developer referral program for the DApp Store. People that refer developers who submit an app before Tuesday August 8th, 2017 at 11:59pm PST, that is approved, will receive 7,000 free MOBI in the pre-sale. Just have the developer email referral@mobius.network your name and email address so we can contact you about sending you your free MOBI.

Developer Bonus
Each developer that submits an app before August 8th, 2017 at 11:59pm PST, that is approved, earns 7,000 free MOBI. Our API docs are here https://mobius.network/docs/ and our API tester is here https://mobius.network/docs/api/.

DApp Store Credit Mechanics
Users that sign up for the DApp Store are given 1,000 free credits to spend in apps in the DApp Store. The developer of an app that receives credits will receive an equal number of MOBI in the MOBI Pre-Sale. User credits do not convert or in anyway exchange into MOBI. Only developers that earn credits will be rewarded with MOBI.
People that purchase MOBI will be able to redeem them in the DApp Store in order to obtain credits to spend in apps!

Mobius Updates
To keep updated about Mobius news please join our email list http://eepurl.com/cWcydr, join our Slack https://mobius-slack-invite.herokuapp.com/, and follow us on Twitter https://twitter.com/mobius_network!
If you have any questions please email us at: info@mobius.network

Read More Read More, Posted by: Risa
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Mobius has acquired a key customer account — BitBounce, the Cryptocurrency spam solution backed by Tim Draper

Mobius acquires BitBounce as a key cross-blockchain integration and customer. BitBounce is a new platform that integrates with your email with the goal of reducing spam emails.



San Mateo, CA — At Fintech Week Silicon Valley 2017, Mobius announced that BitBounce, a cryptocurrency spam solution backed by Tim Draper, has chosen to use the Mobius Universal Token Protocol API to scale their service to millions of users. Blockchain development is notoriously difficult requiring low-level engineering, working with immature frameworks, and significant blockchain server infrastructure. “The Mobius Universal Token Protocol API allowed us to streamline our blockchain server infrastructure and would have saved us significant development time and resources if we had used it from the beginning,” said Stewart Dennis, Founder and CEO, BitBounce. A strong developer community and open APIs have been key to the success of the internet and will similarly be key to the success of blockchain and expanding it to the masses. “Mobius will make every developer a blockchain developer through standardized and simple cross-blockchain and internet bridging protocols,” said David Gobaud, Co-Founder and CEO, Mobius. “We are excited to see cross-blockchain integration finally make it easy to enable useful consumer facing solutions like BitBounce and its Credo token. The Mobius universal protocols act like middleware that make it easy to integrate the Credo Ethereum ERC20 Token into BitBounce. These are the early stages of the blockstack being production-ready, so mass adoption is no longer a question of if, but when,” said Cyrus Khajvandi, Co-Founder of Mobius and Advisor to BitBounce.

BitBounce also announced plans to integrate with the Mobius DApp Store in order to accelerate and simplify adoption and purchase of the Credo Token. The Mobius DApp Store is powered by the MOBI Stellar Network Token that is making decentralized commerce a reality through the extreme speed and almost free transaction costs built into the Stellar Protocol.

About Mobius

Mobius is building simple cross-blockchain protocols to connect billions of people and devices to the blockchain ecosystem. Mobius is closing the multi-trillion dollar gap between the internet world and blockchain world through a two-sided solution consisting of both developer tools and a consumer DApp Store. On the developer side, Mobius is creating standardized and universal cross-blockchain protocol APIs that allow any developer to easily connect to the blockchain ecosystem. On the consumer side, Mobius is creating an easy to use DApp Store that will progressively decentralize the internet economy and make decentralized commerce a reality.

About BitBounce

BitBounce is a fast-growing spam solution with over 16,500 active users and a growth rate of 146.2% Month-over-Month. BitBounce is powered by the Credo Token, which is currently running a sale in which over $3.3 million dollars worth of Credos have been sold so far. Integration with Mobius will enable BitBounce to grow even faster and easily scale to millions of users.

Contact Info

Mobius

Email address: press@mobius.network

BitBounce

Email address: stewart@bitbounce.com

Resources

Mobius

Website: https://mobius.network/

White Paper: https://mobius.network/mobius_white_paper.pdf

Mobius Developer Docs: https://mobius.network/docs

Mobius DApp Store: https://mobius.network/store


BitBounce

Credo White Paper: https://bitbounce.io/whitepaper.pdf

BitBounce website: https://bitbounce.io

Credo page: https://bitbounce.io/credo

Video interview between Tim Draper and Stewart Dennis discussing BitBounce: https://www.youtube.com/watch?v=vRvxllyyve0

BitBounce feature on Product Hunt: https://www.producthunt.com/posts/bitbounce-2

Media kit with images: https://bitbounce.io/mediakit
Credo owners Facebook group: https://www.facebook.com/groups/231924857297898

Read More Read More, Posted by: Risa
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Due to unexpected demand the Mobius token pre-sale slated for Tuesday August 8th, 2017 has been closed ahead of time. We had allocated a small 5% of total supply for the pre-sale but quickly sold out in advance after being inundated by requests from developers and end users requesting to buy tokens. The overwhelming majority of community members who got in touch over email and Slack were able to purchase tokens and we thank you for your early support of Mobius!

Today we are happy to announce that the Mobius public sale will launch on November 8th, 2017 and will be the first ICO run on the Stellar network. The public sale will distribute a large portion of tokens (30.0%) to the community. In addition, another 32.5% of MOBI will be reserved for the community to grow the network and reward contributors.

To stay up to date with our progress and receive details of the upcoming public sale, we recommend you join the Slack and sign up for email updates here: https://mobius.network/token_sale

For questions and updates please email tokens@mobius.network.
Please follow our Slack and Twitter for updates. Thank you!

Read More Read More, Posted by: Risa
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July was an action-packed month of meetings with current and future partners as well as numerous speaking engagements that took the Stellar Team around the globe to Singapore, Hong Kong, Mumbai, Bangalore, Paris, Lagos and beyond! We presented Stellar to a wide variety of audiences and we are excited by the overwhelmingly positive responses and feedback we have received.

As always, find below a roundup of stories and announcements from July as well as a list of upcoming events for the month ahead. Enjoy!
Top Stories

Using Stellar for ICOs
Since the beginning of the year, we’ve seen organizations raise over $1.3 billion through initial coin offerings (ICOs). While there may be various regulatory, financial, and technical issues littering the current ICO landscape, there is no denying that the ICO model is a boon for the growth of strong, decentralized networks and mainstream blockchain adoption.
One of the first organizations to use the Stellar platform for a token is Mobius. Mobius is building innovative universal blockchain API protocols and a DApp Store that will connect billions of people and devices to the blockchain ecosystem
As a follow up to our post in June on creating tokens on Stellar, we’ve put together a blog post that outlines why Stellar is the ideal choice for issuing ICOs. Check it out!
New Partnerships
SendX
Singapore based SendX, in partnership with Stellar, is the better way to move money worldwide. The SendX team believes that the future of transactions is decentralized and distributed, bringing true equity to everyone across the value chain
VoguePay
VoguePay, with offices in the United Kingdom and Nigeria, is partnering with Stellar to become the cheapest and most efficient way to send money between the United Kingdom and Nigeria. In the coming months, they expect to expand this service to other selected African countries.
Skylark
Skylark enables enterprises to become more agile and innovative through a comprehensive portfolio of services that addresses hybrid IT transformation, workspace transformation, service transformation and end­ to ­end IT infrastructure management. Skylark Blockchain provides solutions for companies to approach commerce, trading, transparency, security, identification, supply chain and auditing systems powered by blockchain.

Read More Read More, Posted by: juanz
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Gold is ironically following Bitcoin in an attempt to increase its versatility as a store of value.

The same week an analyst told CNBC gold “has never been used as a currency,” a UK-based startup is attempting to make it do just that.

Like the growing number of startups dedicated to making Bitcoin function as a day-to-day means of transacting, Glint hopes to allow consumers to effectively perform point-of-sale transactions in gold.

“There will be surges where digital assets will go up several times and then there will be a bubble when a genius would switch to gold. We’re on the cusp of it,” a post on the company’s blog last month writes quoting investment fund officer Charlie Morris.

While few concrete details are known about how Glint will operate once it launches at the end of 2017, it describes its offering as “a new global currency, account and app.”

As TechCrunch notes,  the premise behind the idea may be simple in that gold is traditionally stable long-term, allowing users to benefit from reduced exposure to centralized fiat controls or Bitcoin volatility.

This stability has earnt gold its share of scorn from investors, however, with pro-Bitcoin bagholders noting the precious metal’s lackluster performance compared with cryptocurrency assets.

Glint has already been given the green light to operate in the UK by the country’s Financial Services Authority.


Source: https://cointelegraph.com/news/gold-trai...ending-app

Read More Read More, Posted by: renante
[Image: Immigrants-crossing-the-sea.jpg]

African migrants crossing the Libya sea


By Prudence Arobani
Migrants from developing countries sent $429 billion to their countries of origin in 2016, Ms Louise Arbour, UN Special Representative for International Migration, has said.

Arbour said this in her remarks to the session on the latest round of consultations on a two-day Global Compact for Migration at UN Headquarters in New York.

She said the $429 billion remittances were some of the migrants’ most tangible contributions to achieving the Sustainable Development Goals (SDGs) in developing countries.

She said the remittances were more than three times larger than official development assistance (ODA), and more stable than other forms of private capital flows.
According to her, such transfers to developing countries have lifted millions of families out of poverty, while stressing the need to lower the associated transaction costs to leverage remittances for development.

Migration also provides substantial development benefits to places of destination, for both developed and developing countries, particularly through the contribution of labour migrants of all skills levels, she argued.

The senior UN official regretted that although the net benefits of migration far outweighed its costs, the public perception was often the opposite.

Arbour said “such public perceptions and attitudes negatively influence sound migration policy choices”.

“This must be reversed so that policy is evidence-based and not perception-driven. Policies responding to false perceptions reinforce the apparent validity of these erroneous stereotypes and make recourse to proper policies that much harder”.

The consultation is the fourth in the series of six thematic that will take place this year and feed into the drafting of the Global Compact for Safe, Orderly and Regular Migration, expected to be adopted by UN Member States in 2018.

An outgrowth of the New York Declaration, adopted at a 2016 UN Summit on refugees and migrants, the Compact will be the first intergovernmental negotiated agreement, prepared under the auspices of the UN, to cover all dimensions of international migration in a comprehensive manner.

The current consultation, conducted by representatives of Member States, UN agencies, civil society, migrants and diaspora, examined the challenges and opportunities in leveraging the economic and social contributions of migrants to countries of origin and destination.

In his remarks, Director General of International Organization for Migration (IOM), Mr William Swing, emphasized the advantages of making sure migration is considered in development planning.

Swing cited the need to ensure that migration is seen as an issue affecting all aspects of human development, including human rights, and the importance of mainstreaming migration in the broader development strategy. (NAN)

source

Read More Read More, Posted by: Stroopy
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Over the past few weeks, we’ve been working tirelessly to develop and perfect Mobius’ game-changing cross-blockchain universal protocol APIs and DApp Store. We’ve also been establishing key partnerships to help us expand and establish ourselves as the go-to technology for cross-blockchain payments, login, and governance. We have two very exciting announcements to make.

1. We are excited to announce that Jed McCaleb will be joining our advisory board. Jed is one of the world’s top blockchain experts and entrepreneurs to pioneer distributed ledger technologies, having co-founded the Stellar Development Foundation and Ripple. Jed will advise us on key technological implementation and strategy as we continue to add to Mobius’ technical repertoire. Our team has been working tirelessly to rapidly iterate game-changing technology to introduce new standards, which will make cross-blockchain token payments, login, and governance very easy for the nearly 17M+ software developers around the world allowing them to easily transact with the blockchain ecosystem and smart contracts.

2. We are proud to announce that the Mobius token MOBI will be the first major token on the Stellar Network.

Many people ask us, “Why isn’t Mobius an ERC20 token living on Ethereum?”
After extensive technical research and consideration, we have decided to use the Stellar Protocol for MOBI. Transaction scalability and cost were significant factors in our decision. Ethereum currently runs at only ~7 token transactions per second and has gas costs rivaling (or exceeding) credit card fees! Stellar on the other hand supports over 1,000 transactions per second and has negligible transaction fees. Therefore, since we are creating a token that is used for high volume commerce in the Mobius DApp Store we realized Ethereum was not a viable option and had to go with the faster and cheaper Stellar Protocol.

What are the major benefits of the Stellar Protocol?
1. Stellar has a proven, stable technology that has been developed and refined for over three years. Its technology is relied upon by financial institutions for critical transactions.
2. Stellar’s complex yet non-Turing complete contracting capabilities guarantees security for our tokens and smart contracts
3. Stellar has negligible transaction fees and no gas fees. Compared to Ethereum’s gas costs (which again rival or exceed credit card fees), Stellar’s transaction fees are zero and will save us over 99% on transaction costs.
4. Stellar supports over 1,000 transactions per second compared to Ethereum’s 7 token transaction per second. Stellar’s speed is key to making decentralized commerce a reality and scaling the Mobius DApp Store to billions of people and trillions of dollars in transactions per year.

source

Read More Read More, Posted by: Stroopy
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July was an action-packed month of meetings with current and future partners as well as numerous speaking engagements that took the Stellar Team around the globe to Singapore, Hong Kong, Mumbai, Bangalore, Paris, Lagos and beyond! We presented Stellar to a wide variety of audiences and we are excited by the overwhelmingly positive responses and feedback we have received.
As always, find below a roundup of stories and announcements from July as well as a list of upcoming events for the month ahead. Enjoy!

Top Stories
Using Stellar for ICOs
Since the beginning of the year, we’ve seen organizations raise over $1.3 billion through initial coin offerings (ICOs). While there may be various regulatory, financial, and technical issues littering the current ICO landscape, there is no denying that the ICO model is a boon for the growth of strong, decentralized networks and mainstream blockchain adoption.

One of the first organizations to use the Stellar platform for a token is Mobius. Mobius is building innovative universal blockchain API protocols and a DApp Store that will connect billions of people and devices to the blockchain ecosystem
As a follow up to our post in June on creating tokens on Stellar, we’ve put together a blog post that outlines why Stellar is the ideal choice for issuing ICOs. Check it out!



New Partnerships
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SendX
Singapore based SendX, in partnership with Stellar, is the better way to move money worldwide. The SendX team believes that the future of transactions is decentralized and distributed, bringing true equity to everyone across the value chain

VoguePay
VoguePay, with offices in the United Kingdom and Nigeria, is partnering with Stellar to become the cheapest and most efficient way to send money between the United Kingdom and Nigeria. In the coming months, they expect to expand this service to other selected African countries.

Skylark
Skylark enables enterprises to become more agile and innovative through a comprehensive portfolio of services that addresses hybrid IT transformation, workspace transformation, service transformation and end­ to ­end IT infrastructure management. Skylark Blockchain provides solutions for companies to approach commerce, trading, transparency, security, identification, supply chain and auditing systems powered by blockchain.
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Community
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Bext360 first look
Bext360 reveals a first-look at their Coinstar-esque machine for coffee growers. With Bext360 and Stellar, coffee growers will finally get the fair-deal they deserve.

Bitcoin Lumen Program: individuals must claim by August 27th!
Individuals looking to claim their share of lumens as part of the Bitcoin Lumen Program have until August 27th to claim. Links to the claim pages can be found in the blog post.

Lumen giveaway deadline extension for exchanges
For exchanges that wish to participate in the Bitcoin Lumen Program, we are offering a claim deadline extension to December 31, 2017 as well as limited technical assistance to exchanges that meet the criteria outlined here.

Piiko.co now accepts XLM for mobile recharge
Today Piiko.co has announced that they will accept payment in XLM directly for mobile recharge with more services on the way in the near future. Check it out!
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Developer News
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Moving to SIPs
We are standardizing our process for incorporating changes to the core Stellar protocol as well as the various protocols used in the surrounding ecosystem. We are moving to the same method that is used for Bitcoin and Ethereum developer communities. So please check out the repo and get involved.

We’re hiring!
Interested in working at Stellar.org? We’re hiring for a variety of developer roles. We don’t care about pedigrees but we do care if you are smart and can get stuff done. Be nimble. Be enthusiastic. We want spirited debates about how to build tools that will impact the future of money. If you are interested, check out our current openings.
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Events and Meetups
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August 28th – September 2nd – India
Stellar will be back in India during the last week of August hosting a series of local events including academic seminars on SCP, meet-ups and a hackathon in Bangalore.

Events TBD – stay tuned!

September 14th – September 16th – Shanghai, China
Stellar CTO and Co-Founder, Jed McCaleb, will be speaking at the Global Blockchain Summit in Shanghai, China this September. Purchase tickets here.

Stay tuned for more China meet-ups.
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Stellar Around the World

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Read More Read More, Posted by: Stroopy
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LindsayAugust 2, 2017
Since the beginning of the year, we’ve seen organizations raise over $1.3 billion through initial coin offerings (ICOs). While there may be various regulatory, financial, and technical issues littering the current ICO landscape, there is no denying that the ICO model is a boon for the growth of strong, decentralized networks and mainstream blockchain adoption. Moreover, the ICO model promotes global financial inclusion by democratizing fundraising, investment, and network participation.

Traditionally, ICO tokens have been issued on the Ethereum network in the form of ERC20 tokens. ERC20 tokens are easy to issue and are infinitely customizable using Ethereum’s smart contracting language. However, recent events have highlighted and exacerbated some weaknesses of the network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. Moreover, many organizations require only basic tokens; they adopt the risk of Ethereum’s Turing complete programming language without taking advantage of many of its benefits.

While Ethereum has the most expressive programming capabilities, we believe Stellar is the best choice for ICOs that do not require complex smart contracts. Stellar’s primary goal is to facilitate issuing and trading tokens, especially those tied to legal commitments by known organizations, such as claims on real-world assets or fiat currency. First, there is a simple, easy-to-use built-in token issuance system that is accessible to anyone. Second, Stellar offers built-in token capabilities that can support multi-signature authorizations, generate dividends, limit who can hold tokens, and more. Perhaps most importantly, Stellar features a decentralized exchange where any Stellar network token can be instantly traded without relying on a third party exchange to list the token. This means newly issued tokens can be traded on Day 1.


Rationale for Stellar

There are multiple reasons to consider Stellar for an ICO:

[Image: ICO_0002_Built-in-Exchange.png]

1) Built-in decentralized exchange
There are literally thousands of new tokens being issued this year. Each one will have to find some exchange to list them. Users will have to make accounts at random exchanges to be able to buy certain tokens and, inevitably, many of these tokens won’t get listed.

Stellar was designed from the ground up to support efficient trading. Any token created on Stellar can be bought and sold immediately on Stellar’s decentralized exchange by means of Stellar’s native offer mechanism. An organization does not have to rely on a third party exchange like Bittrex or Poloniex to list or make the market for them. This all means one less unknown since you don’t have to trust someone to list your token.
[Image: ICO_0003_Security.png]
2) Greater security
While Stellar is less expressive than Ethereum, the simplicity of its transaction model creates fewer pitfalls and hence can improve the security of applications that do not require the full generality of Turing-complete smart contracts. Simply put, Stellar’s model of atomic multi-operation transactions leads to more auditable code, limits uncertainty, and decreases the risk of harm from bad actors who may exploit program vulnerabilities. Moreover, Stellar optionally allows issuers to reserve the ability to freeze tokens in the event there is misuse. Hence, recovery from compromise need not rely on the willingness of validators or miners to execute an irregular state change to bail them out.


An additional security feature is that organizations have the option to choose which nodes can validate their transactions. This is particularly helpful if there are malicious validators on the network or if the organization’s tokens represent some real-world asset that cannot be double-redeemed. For example, suppose some token represents a pound of gold. If the token were issued on Ethereum or Bitcoin, any fork could sow confusion and risk double-redemption. However, on Stellar, organizations can pre-select which validators have the “legitimate” version of their token.

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3) Create custom ICOs
No two ICOs are the same, just as no two companies are the same. Stellar enables tailor-made ICOs by providing base abstractions such as accounts, tokens, payments, offers (to exchange one token type for another), and atomic transactions consisting of multiple operations. Users can combine these simple abstractions in complex ways to get a wide array of behaviors, similar to building custom structures with simple lego blocks. For instance, issuing dividends, bonds, escrow, collateralized debt, dividends, inflation, and the Lightning network are all possible on the Stellar network. Because of primitive support for atomic transactions, it is trivial to code something that says A sends to B if B sends to C.

Using Stellar leads to faster development time since it has already built-in common ICO features such as creating a token and whitelisting eligible contributors (e.g. to enforce know-your-customer requirements and limit activity in some jurisdictions). Stellar is a particularly good choice for organizations who have know-your-customer requirements.
We have written a blog post about how to create tokens on Stellar. And also a post about how a crowdfunding contract could operate on Stellar. For more detailed information and instructions, check out the Stellar Developers’ Guide.
[Image: ICO_0000_Cheap_Fast.png]
4) Significantly cheaper and faster
As ether (ETH) obtains higher valuations, computation and transactions are becoming increasingly expensive. Even at the current order of magnitude of price ($200-$300), gas prices are costly.

Stellar does not require any “gas” to execute programs and only requires a negligible transaction fee (.00001 XLM—a fraction of a fraction of a penny) to discourage users with malicious intent from flooding the network with transactions.
The median transaction time on Stellar is 5 seconds, compared to approximately 3.5 minutes on Ethereum.



Stellar v. Ethereum


Stellar
Ethereum
Median Confirmation Time
5 seconds
3.5 minutes


Price
Negligible transaction fee (.00001 XLM ~= $0.0000002). 10 XLM/offer deposit (refunded when offer filled or canceled). No gas fee for computations.
Depends on complexity of computation, speed of transaction, and fiat value of ether. The median cost for a transfer is $0.094


Features
A library of base abstractions that can generate sophisticated behavior. See the Stellar Developer Guide
Anything the mind can imagine, and plenty of things that it didn’t consider.


Security
Decentralized network: anyone can run a Stellar Core node and validate transactions. Can choose your validators for increased security.
Atomic transactions comprised of simple, declarative operations lead to more auditable code and fewer security pitfalls.
Decentralized network: anyone can run a node and validate transactions. No built-in feature for choosing approved validators.
Turing complete programming capabilities produces less auditable code and greater risk of exploitable vulnerabilities.

Note: Prices and speed reflect the state of the markets and networks on 12:53 PM UTC, July 24, 2017.

Conclusion
Stellar is an excellent choice for any ICO that does not require Turing-complete smart contracts and can benefit from immediate creation of a secondary market. To learn more about the technical specifications, please refer to the Stellar Developers’ Guide. We also intend to release a tutorial and more technical guidance in the upcoming weeks. Lastly, if you’re interested in testing the waters and developing for the Stellar network, you may be interested in participating in the next Stellar Build Challenge to win lumens!
At the end of the day, the mission of Stellar is to promote financial inclusion. To this end, we welcome responsible, positive-impact projects to explore Stellar as a platform to further global participation in fundraising and blockchain usage.

Read More Read More, Posted by: Stroopy
[Image: South-Korean-Shopping-Mall-Prohibits-Bitcoin-Mining.png]

A South Korean shopping mall has banned merchants from mining cryptocurrencies. They mainly targeted miners of bitcoin and ethereum. They cited electrical costs as the main issue. It appears that many cryptocurrency miners used the Yongsan Electronics Market to conduct various mining operations. They were also concerned about starting a fire, suggested reports from the Korea Economic Daily. 

The report stated, “As merchants who run PCs (diggers) in virtual shopping malls are [img=150x0]https://news.bitcoin.com/wp-content/uploads/2017/08/shutterstock_543053722-150x150.jpg[/img]increasing in the shopping mall, there are complaints about power consumption and room temperature rise as well as fire worries.”

Management of the market also said that an increase in electrical costs would be applied to merchants bills. It appeared like the mall’s representatives was ready to crack down on all underground operations within its location. The report also stated the air conditioning was not working well since the miners took up residence.



Gold Rush of South Korean Mining

Overall, there seems to be a gold rush of mining in South Korea. Various mining operations in shopping malls are constantly humming. This occurs because — like American flea markets — vendors rent rooms and space in the markets. Once they have the space, they set up miners and begin to process mining transactions. It is all the rage lately.



The Yongsan Electronics Market sent a letter to a tenant and told them to stop mining. They explained that it is against the rules. The letter stated:

Quote:
Quote:
When a mining machine is operated, a considerable amount of power is consumed. As a result, the electricity price increases sharply (due to the progressive tax) in the shopping districts, which increases the cost burden on all merchants.



So Many Miners Mining Meticulously

A lot of power is consumed, especially with as many miners the report said are running concurrently. Apparently, about 100 miners just from one company work around the clock to generate new bitcoin and ethereum. Some news sites suggested that about $300,000 worth of ASIC mining equipment was installed at the marketplace.

[img=150x0]https://news.bitcoin.com/wp-content/uploads/2017/08/shutterstock_254020660-150x150.jpg[/img]

This surge of mining in marketplaces comes alongside South Korea’s creation of a regulatory framework for digital currencies. Bitcoin.com recently covered Korean Democratic Party lawmaker Park Yong-jin‘s announcement that the cryptocurrency legal framework is in place. His framework detailed that cryptocurrencies are considered “electronic stores of value” or “instruments of exchange.”



This new framework should also provide information on how bitcoin mining will function. It will describe how regulation will affect miners and what rules they will need to follow. Business Korea wrote that the Bitcoin Regulation Act is scheduled for a regular session of the National Assembly in September.


[b]Do you think more shopping malls in Korea will have this problem? What do you think about the future of bitcoin and bitcoin cash mining? Let us know in the comments section below.[/b]

[b]source[/b]


Quote:[Image: 12993610_640935624883_179359053676974709...e=599AD045]

Sterlin Lujan
Sterlin Lujan is a journalist, editor, speaker, anarchist, and essayist. He has been involved with cryptocurrency and Bitcoin since 2012. Sterlin is especially interested in the intersection of psychology and cryptography. He has written on behavioral economics in regards to innovative technology, and was one of the first to write about the emerging field of cryptopsychology on bitcoin.com.

Read More Read More, Posted by: koredo
[Image: bitcoin-ethereum-e1502331125586.jpg]

One of the cryptocurrency world's more tenured fund managers is launching two new products aimed at bringing the emerging asset class mainstream.


Revealed exclusively to CoinDesk, Tim Enneking's Crypto Asset Management is today releasing a new product called CAMCrypto30 – a cryptocurrency index designed to mirror the 30 largest cryptocurrencies by market capitalization. In addition, the fund also announced a new, investable share class for the fund, which will track the cryptocurrencies listed in the index.

If successful, the index could one day be used as a shorthand for discussing cryptocurrency market movements, providing a reference point akin to an equity index. As indices are standard for traditional asset classes, this would allow investors to better analyze and track performance relative to other asset classes in their portfolios. 

Index tracking products, such as the new share class, are designed to allow investors to gain broad exposure to an asset class while diversifying their holdings within it. 

Enneking told CoinDesk:
Quote:"We've used those two indices as our model because they are the closest to what seems to be appropriate in the crypto space. Not only is there no real index – there is certainly no investable index."


CAMCrypto30, which was constructed to resemble the Russell 2000 and FTSE 100 indices, is weighted by market cap.


Unpacking the product
So, what's available today? For one, the index itself, which is separate from the investment vehicle, now has its own website.
An embeddable widget has also been made public for third-party websites to track CAMCrypto30 index data. (Notably, the index will be rebalanced monthly to better track the fast-moving cryptocurrency world, instead of being rebalanced quarterly, as is more typical with equity indices).

Otherwise, investors in the Crypto Asset Management fund are now able to participate in three separate fund classes, each of which provides exposure to a different type of investment.

The new index-tracking I-Class joins two other existing cryptocurrency fund classes: an L-Class, which is used to generate exposure to short-term lending rates, and a T-Class, which is a trading class.

All three classes are issued by two open-ended funds: a U.S.-based master fund, which is structured as a Delaware LLC, and a Cayman Islands-based feeder fund, primarily for international investors. The former, called CAF LLC, is open to accredited investors in the U.S., and is subject to a $25,000 minimum investment.

All Class-I shares, which track CAMCrypto30, have a fee structure of 2.5 percent on funds committed, but fees are not charged on returns, since there is no discretionary management involved in tracking the index.

source

Read More Read More, Posted by: koredo
[Image: resdwddsa-1068x1068.png]
Segregated Witness has locked-in and the Segwit2x working group has announced its roadmap for the next three months. The team of developers have detailed they are going forward with the 2MB block size increase that miners and businesses agreed upon at the New York Agreement.
Also read: Gold Bug Peter Schiff Says ‘Cryptocurrency Market Signals Are Wrong’
The Segwit2x Roadmap
It’s been over 24-hours since Segregated Witness (Segwit) locked-in on the Bitcoin network after nearly 90 percent of miners pushed the protocol activation forward. Now the Segwit2x working group member Jean-Pierre Rupp revealed the team’s plans for the upcoming 2MB hard fork. The announcement called “Bitcoin Upgrade at Block 494,784,” states;
Quote:
Quote:
During the month of November 2017, approximately 90 days after the activation of Segregated Witnesses in the Bitcoin blockchain, a block between 1MB and 2MB in size will be generated by Bitcoin miners in a move to increase network capacity. At this point, it is expected that more than 90% of the computational capacity that secures the Bitcoin network will carry on mining on top of this large block.
‘Compatibility With the New Larger Blocks’
[img=203x0]https://news.bitcoin.com/wp-content/uploads/2017/08/segwit2x.png[/img]
The New York Agreement has managed to get Segwit activated but can it pull off a hard fork to 2MB?
The announcement explains the upgrade to 2MB was first discussed at the ‘Hong Kong Roundtable Agreement’, and had further solidified at the ‘New York Agreement’ (NYA) this year at the Consensus conference. Both agreements involved implementing Segwit first and a block size increase from 1MB to 2MB later. The working group says, now that Segwit has locked-in, the ecosystem should update to Segwit-compatible software if they want to benefit from the protocol. Alongside this, the announcement explains “readiness” preparation for the fork including port changes, network changes, DNS seeds, and the Segwit2x “Testnet5.”  
“The November 2017 upgrade to 2MB blocks is a hard-fork, but necessary changes are trivial to perform,” explains the Segwit2x working group’s announcement. “Some SPV clients are expected to work without any change at all. Most clients will need to tweak only two constants to remain compatible with the new larger blocks.”
Segwit Is Here but the Bitcoin ‘Community’ Infighting Remains
As the plan moves forward many developers and bitcoin community figures have been quarreling over the proposed upgrade. Moreover, last week developer Matt Corallo introduced an idea that would further separate the Core reference client away from Segwit2x.

[Image: 17egRMPwF6IK0F_Li_pBsMw-696x320.png]

The infighting and attempt to disconnect Core software 0.15.0 further solidifies people’s theories that the cryptocurrency community could see a third bitcoin. A vast majority of bitcoiners are discussing this subject fervently and come November the Bitcoin network may see some fireworks again.

What do you think about Segwit2x going forward? Do you think we will see a 2MB block size increase on the Bitcoin network? Let us know your thoughts in the comments below.

Read More Read More, Posted by: JoseRizl
Warung Cahaya is situated at Jalam Dewi Ratih No. 1A, Kuta, Bali. It is very famous Warung that many Indonesian artists tend visiting here for lunch or dinner.

Their famous cuisine is Nasi Ayam Sambal Matah (Chicken) and Nasi Babi Sambal Matah (Pork). [Image: ad94bb6724c5438764c4f723a03e54db.jpg][Image: 19a46fc83e225ada894d283ce23e7a62.jpg]

It is a bit expensive for Indonesian cuisine
About IDR 35k for a plate or USD 3

Sent from my BBC100-1 using Tapatalk

Read More Read More, Posted by: kurniawanism

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