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Posted by: Carsten - 2018-01-22, 12:09 PM - Forum: Bitcoin and Altcoin - No Replies

Good news from the MinexCoin team:



Happy to inform you that MNX/BTC trading pair is now available at the СoinExchange: https://www.coinexchange.io/market/MNX/BTC.
Have a good trading!

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  JSEcoin's January newsletter
Posted by: Carsten - 2018-01-21, 11:42 AM - Forum: Bitcoin and Altcoin - No Replies

I got a newsletter from JSEcoin. I like the idea about being able to monetize a website using client side mining in the webbrowser as an alternative to ads.

Here is the newsletter. (I can't find it on their site)

Welcome to JSEcoin's January newsletter.

Can I start by wishing everyone a Happy New Year (I'm sorry it's a little late). We're hoping that 2018 will be a breakthrough year for JSEcoin. 2017 was an outstanding year for us. We released JSEcoin in August, and whilst we thought it was a good idea, the response that we received and the growth of the user base has been phenomenal and far exceeded our expectations. We would like to say a massive thank you to you all for supporting us so far. 

The excitement is building as 2018 is all about our ICO. Progress is underway and the whole team are focused on preparations for this. At the moment we can't say exactly when this will be because there is a lot of work to do and we don't want to commit to a date and then have to push it back. The bottom line is we want to build out a great platform and engage a solid user base before we ICO and we aren't going to rush in to it. We'll keep everyone updated with how progress is coming along. 

Take a look at what we're up to! 

So what progress can you expect to see over the coming months? A new brand identity, website and platform design. ERC20/223 integration to prepare us for the ICO and offer wallet compatibility. The desktop app (I really promise this time). These are some of the key developments but for a full list of work going on please take a look at our timeline

New ways to keep in touch! 

We're keen to provide a variety of ways for you to keep in touch with us, and we're pleased to announce that we have now created a Telegram channel as well as an official Subreddit. These are both really great platforms for you to contact us and for us to keep you informed with whats going on, so subscribe to our subreddit here or visit our social links at the bottom of this email. 

From the blog:
[Image: whitelisting.png]
Bitdefender Whitelisting
[Image: december.png]
December Accounts

[Image: newyear.png]
New Year

Kind regards, 

David Mallett 


[Image: hi-resLogo2.jpg]

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  Proof-of-Work, Explained
Posted by: Carsten - 2018-01-19, 03:59 PM - Forum: General discussion - Replies (2)

Simple explanation of PoW:


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  Caviar ICO in trouble
Posted by: Jacob - 2018-01-19, 06:13 AM - Forum: Bitcoin and Altcoin - Replies (11)

I was targeted by a Google ad spruiking the Caviar ICO.

I searched for more information about it and this came up:


Despite this new turn of events, this company has continued to use Google Adwords to advertise to Google users.

If you invest in this, you may never see your money again.

It's a pity, because the idea is good: Invest in top Cryptos, and Real Estate, giving 75% of profits per quarter paid in Eth to token holders.

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  Bitconnect closes (BCC)
Posted by: cta102 - 2018-01-18, 04:49 PM - Forum: Bitcoin and Altcoin - Replies (6)

Bitconnect shut down with losses in hundreds millions dollars in what was presumed to be a Ponzi scheme with outsized interest rates on loaned money.

It may have some influence on MNX due to the parking feature. Hoever, the rates on BCC was as much as 40% month, which obviously could not continue.

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  Internet Node Token
Posted by: chelios - 2018-01-18, 12:31 PM - Forum: Bitcoin and Altcoin - Replies (3)

I just got my eyes on Internet Node Token

It is newly listed on CMC https://coinmarketcap.com/currencies/int...ode-token/ and i just found after some work their whitepaper


what is your impression?

apparently there is some uncertainty about some amount of tokens and i would like to know the price before CMC. to see if it is overvalued?

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  Titanium ICO
Posted by: cta102 - 2018-01-17, 06:36 PM - Forum: Bitcoin and Altcoin - Replies (15)

Hi guys, I saw a video about this token..awesome technology and team.

Interested in your opinions


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  Everything's down - time to buy?
Posted by: Cell - 2018-01-16, 06:00 PM - Forum: Bitcoin and Altcoin - Replies (29)

As everything is down, is it time to buy? Cardano at $0,64, around $0.50 for stellar. ETH and BTC are doing ok though. I mean, they did not crash that much... for now.

What do you think? Keeping my BTC/ETH because they are still good value while the storm is happening, or buying other good Altcoins that will raise after the storm no doubt. Someone suggest to sell BTC for USD and come back to crypto coin when the market is going up again.

I also wonder what will happen with Crypto20 next monday (coming to exchange)... hope the market will be better then!


Never heard of Decred... anyone?

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  Fear that South Korea would ban Bitcoin and cryptocurrency trading.
Posted by: Carsten - 2018-01-16, 12:34 PM - Forum: General discussion - Replies (17)

The current drop in prices is caused by fear of ban for crypto trading. Why would anybody in the free world ban trading of something that is virtual and doesn't harm anyone? IT makes no sense to me.


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  Scalability of cryptocoins
Posted by: Hugues - 2018-01-15, 09:44 PM - Forum: Bitcoin and Altcoin - Replies (3)

Transactions with the bitcoin these days are so slow that the entire system is likely to get stuck. That is why bitcoin devs are working hard on a solution: the Lightning Network, which comes on top of the blockchain and has to save the bitcoin. A new technical masterpiece, but what is it and will it work?

With the most important marketing trends for 2018, blockchain is mentioned time after time. As a marketer you'd better have the technology mastered. But the system is cracking. The problem is that blockchains can barely handle the many transactions. This is the reason why the tech world works on the Lightning Network, that is fast and on top of the blockchain.

What's going wrong?
Let's start at the beginning. What goes wrong is especially noticeable with the bitcoin. The digital currency runs on a blockchain, where all payments are recorded in blocks to exclude fraud. If you want to transfer bitcoins to someone, the payment must be confirmed and stored in a block. But the supply of transactions is so large that a waiting list has arisen. Whoever comes first, the miners determine who store the transactions in blocks. And who will let the miners go before? Precisely, the person who offers the highest amount for that. It is not mandatory to pay less, but that is the practice of the day. The slow system therefore goes hand in hand with high transaction costs. Sometimes a few dollars, but tens of dollars per transaction is no exception. Due to the large price changes, it makes a difference whether a payment is made within a minute or a day. Speculators are willing to pay high amounts if the transaction is executed quickly.

The ratio is completely lost at small amounts. If you want to buy a cup of coffee worth 2 euros, you will probably lose more than 2 euros in transaction costs. It also takes a while before you have your coffee, because the transaction must be published on the blockchain and that takes ten minutes.

It must all be faster and cheaper. Technicians and programmers are considering how this could be done. Opinions are sometimes so divided that it has already led to divisions within the original bitcoin community. The professional jargon is about 'channel factories', 'layered solutions', 'segregated witness' and what the ultimate solution should be: the Lightning Network.

The most obvious solution is to make the blocks larger. Then there can be more transactions in one block and you do not have to wait for a next block to be made. The big disadvantage of large blocks is that even heavier computers are required to assemble the blocks, which costs even more energy than is currently the case. That is not really an option.

Lightning Network as an alternative
The Lightning Network is an alternative that is under development and can become operational in the course of 2018. The network consists of two new layers on top of the blockchain with which users can open channels for direct payments. This can be done quickly and without further costs. It is done using the technology of 'smart contracts'. Two important principles that you can not ignore are 'multisig addresses' (addresses where multiple users need to sign to enable bitcoins transfer) and 'hashed timelock contracts' (encrypted contracts that you use to make digital money for a certain period to prevent fraud ). A second layer containing the 'channel factory' with the mutual channels will be added to the blockchain. A third layer contains the micropayment channels where small payments can take place quickly. The network can link existing channels to each other and thus also allow payments to be made quickly and safely via a third party. The Lightning Network seems well considered and can be a solution to prevent further system shutdown, while the safety standards remain guaranteed.

The power of new crypto coins
There are hundreds new coins now and they are not stuck. Many of them work (function) with smart contracts, where the transactions go fast. The CEO of Ripple (Brad Garlinghouse) finds the bitcoin obsolete. "With us, payments expire in seconds and there are hardly any costs for users."

Due to the problems with the bitcoins, more and more people are switching to other crypto coins. Unknown names are receiving increasing recognition. "A few years ago, few people were exited about Ethereum. Now we see that many people are switching. Everything revolves around innovation. Ultimately, the coins will win at the lowest cost and highest speed.

Amazon biggest threat for bitcoin
The biggest threat to the bitcoin, is whispered in tech circles, may well be Amazon. Amazon, the largest retailer in the world, has so far withheld payment with digital coins. A fast system is required for the many transactions. Is Ethereum an option? Amazon has already claimed the domain name amazonethereum.com for security. More obvious is perhaps its own digital currency, which has to operate within the system of Amazon. As a result, Amazon loses intermediaries as banks that cost the company money. Amazon's own currency can count on a lot of interest and thus put the bitcoin in the shadow. It seems that the giant is just waiting for the crypto coins to come into calmer waters and the systems no longer cause problems.

The Lightning Network can once again accelerate the bitcoin. But companies with other digital coins will do everything to keep a lead. Then the question remains whether the bitcoin remains the most important digital currency. What remains is the underlying technique, which will also bring a lot of change in areas outside the crypto coins, from marketing to stock exchange.

I believe Bitcoin will have a new revival when the lightning networks will be implemented, probably this year.

Of course Ethereum is also working on systems to improve scalabilty and transaction speed. Probably they will implement 2 new systems. I will write another post about this when I find some spare time.

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