Augur cryptocurrency is produced by a company that is one of the most famous predictions in the market. It is a decentralized platform for generating market forecasts. The cryptocurrency is built on top of Ethereum. With its help, you can place bets on the outcome of subsequent events. If the prediction is correct, then the user is rewarded. The less likely that the predicted event will happen, the higher the reward awaits the user. The platform focuses on the so-called "wisdom of the crowd", when the bets of the majority of users are taken into account as predictions in real time. Practice shows that such forecasts are more accurate than those given by experts. The use of such a blockchain-based mechanism has reduced the cost of its implementation, and also made the service more accessible to users, not to mention accuracy.

The project was founded in 2014. It is directed by J. Peterson and J. Krug. In the fall of 2015, fundraising for further work ended. In total, they managed to collect over $ 5.2 million. Smart contracts were launched here in the same year. The beta version of the platform was launched the next year. After the token sale, they were supported by exchanges such as Kraken and Poloniex. The platform was officially launched in the summer of 2018.

About the Augur project

Augur cryptocurrency differs in many ways from other virtual currencies that are present in this market. Users often compare this platform with bookmaker contractors, since the principle of operation is very similar here. The creators of the cryptocurrency took a kind of cryptoeconomics as a basis. Its essence is to unite people who want to make money on forecasts. During the mining of coins, users are rewarded with correctly made predictions. It should be noted that the weight of each users vote may differ. It depends on reputation. Depending on whether the forecast came true or not, the user receives a positive or negative share. If the forecast is positive, the received winnings are divided between users. The distribution is carried out proportionally. The "oracles" also receive their share in the system, who are engaged in checking how exactly the event for which the forecasts were made ended, what was its result. Internal tokens for displaying platform user reputation are REP. If the user makes a mistake, then he not only loses income, but also loses reputation.

Augur features

Given that Augur is a fairly original cryptocurrency that stands out from the rest, its capabilities can also differ significantly from others. This system provides the following:

the ability to independently place bets on events of interest;
sell promotions to other users within the system;
buy bids from other users and sell yours until the end of the event.
Despite its originality, the system is quite simple and straightforward for many users. There is no great need to hold on to your own stake, as stocks can be traded at almost any time. If the user does not want to engage in bets on his own, he is offered the opportunity to buy shares. If the forecast is correct, the share price will rise. In a different situation, it will fall. Thus, this system allows you to create the most accurate forecasts for many events. It may seem to some that the projects capabilities will not become in demand and Augur itself will be out of popularity, but practice shows the opposite. Even Google used the services of this service to evaluate their own projects that were to be introduced to the market.

How is Augur created?

The companys course is inextricably linked with the rate of the internal cryptocurrency. Electronic coins are in the possession of users and can bring them income if the project is successfully run and its main functions are implemented. By placing bets on certain events, clients receive REP cryptocurrency if everything went well. It can be purchased on exchanges or earned on bets. Having earned electronic coins, you can sell them on the exchange or keep them for yourself and receive a part of the commission. Thus, the owners of the REP cryptocurrency are the holders of the Augur platform shares. There are several factors that determine the actual value of the electronic coins available in the system.

One of the main factors is the prospects of the project. This determines not only the potential user interest in it, but also how investors will evaluate the platform. In practice, it becomes clear that this is a fairly promising direction, since the range of rates is very extensive. If we consider the total money turnover, then in the world of sports betting, it covers about three trillion dollars. If Augur manages to enter the general global market, then the owners of the cryptocurrency will be able to significantly increase their income, since the REP rate will grow due to a large number of new users. Now one of the companys goals is to create an open platform with decentralized governance. Electronic coins can be earned on almost any bet, regardless of the area of origin of events. It is also planned to add new offers at new rates here, which will allow the company to move much further than competitors.

It is worth noting that the development of this project largely depends on the development of Ethereum, since Augur exists within it. In turn, this creates additional potential for the development of the company, because Ethereum is a fairly large market representative. This helps to attract the attention of investors and other interested businessmen.

Cryptocurrency is created on the basis of decentralization, but this does not mean that various government bodies cannot show attention to it. Controlling organizations can pay attention to how the company will behave, which will determine the features of the issue of electronic coins and their course. One example of a company failing to find rapport with government agencies is the United States governments ban on a license to operate Augur. The project developers wanted to create a Prediction Fund. Accordingly, the platform did not receive the required collateral. The company could not formally develop programs for the functioning of the system. Naturally, representatives of the company do not stop there and try to come to an agreement with government agencies, therefore the future of the project depends on the further development of this situation. Almost every cryptocurrency faces similar risks related to government regulation.

The development of cryptocurrency is also influenced by the judiciary and the number of its members, at the moment the total number of users in it is about two thousand people. Accordingly, this is exactly the number of users who are now working on mining cryptocurrency. The number of judges includes not only ordinary users who came to the project for the sake of betting, but also investors and other large market representatives.

Another important factor is the conscientiousness of judges. The desire to get more money and selfishly use your position can harm the project and the development of the cryptocurrency, including its mining. The system is built in such a way that, if errors are frequent enough, users will lose their tokens, since they will be redirected to those who are more conscientious about the matter.

Mining in its standard sense is not provided for in the project. Accordingly, the only way to get coins, if you do not buy them, is the commission on the exchange. The developers created a system, the working conditions of which assumed the accrual of remuneration to those who found errors and problem areas in the project. Payments are made in internal electronic coins.

Is Augur endless?

Cryptocurrency issue is fixed. The total number of coins issued was 11 million. During pre-sales, 8.8 million REP tokens were sold. This is 80% of the total. Another 16% went to developers. The remaining 4% of tokens are transferred to the Prediction Fund. This fund is engaged in maintenance, control, and promotion of the project.

Strengths of Augur

At the moment, analysts are making fairly promising predictions for the Augur cryptocurrency, since it has a set of strengths. It is worth noting the large amount of funds invested in development. Thanks to this, there is a stable growth in the rate of electronic coins. The strengths of the project include:

independence from the general cryptocurrency market, which is often subject to ups and downs of all electronic assets. Almost all market development scenarios turn out to be beneficial for Augur, since in the system you can place bets not only on the growth, but also on the decline of this market;
one of the keys to the success of the platforms development is peoples appetite for risk, which provides it with enormous potential (it can be clearly seen in the bookmaker market);
the formation of a shortage of coins in the market, since sponsors and other large owners practically do not bring their savings to the market, which creates a shortage of coins. One of the few ways to mine coins is to generate income in local currency at the expense of the platforms profit;
the area in which the project works is almost not occupied by competitors. Even those companies that exist here do not pose a serious threat to business, as they use a slightly different approach, which turns out to be less attractive to participants;
a large number of scenarios for use also becomes a strong point of the project. Here there is an opportunity to place bets not only in the gambling business. With development, it is expected to significantly expand hedging. It is planned that the number of positions for risk rates and execution of various types of work will be increased. Thus, the prospects of the project will allow attracting even more users in the future, and this directly affects the development of the cryptocurrency.
As a result, an interesting fact can be noted: Augur is an electronic currency, but at the same time it has features that do not fit into this concept. The authors themselves say that REP should not be considered a monetary unit. At the same time, the cryptocurrency has an actual value, it is present on crypto-exchanges, where trades are held with its participation. Now exchange is available both for other cryptocurrencies and for ordinary money.

According to the authors, the main goal of the project was to study the "mind of the crowd". Accordingly, not only the opportunity to apply an open 1-rank registry in the field of gambling was used here. The reason of the crowd showed the actual possibilities of predicting events accurately based on the opinion of the majority. These ideas, despite initially seeming incomprehensibility, contribute to an increase in the number of users of the project, including due to the expansion of the list of events.

Augur in TOP currencies

At the moment, Augur is in the TOP-100 cryptocurrencies in terms of monetization. The project ranks 46th. Since the start of the launch, there has been a significant increase in the cost of electronic coins. The approximate return on investment from the start is now 673.62%.

About Project Maker

Almost ten years have passed since the first digital currency was issued. It is worth noting that Bitcoin is not an ideal cryptocurrency and it has many different drawbacks and flaws. It is for this reason that many modern development teams quite often launch new cryptocurrency projects with their virtual financial money. Naturally, each of these projects strives to become better than the previous ones and to gain leading positions in the global cryptocurrency market.

In this article, I would like to pay attention to an interesting and very promising platform called Maker. It should be said that at the beginning of this year, the tokens of this project demonstrated a very positive growth rate of their market value.

Maker is a cryptocurrency project that was released in early 2015. Maker operates on the Ethereum blockchain. The development team states that their main goal is to form a full-fledged decentralized currency, which will be assigned to fiat money or various other assets. In other words, we are talking about stablecoins.

Stablecoins are a unique digital currency that is tied to the stocks of fiat funds, as well as some other groups of real assets (for example, gold or oil). The main feature of stemcoins is that their rate does not undergo such strong jumps as the rate of other digital funds.

It must be said that the main digital currency of this platform is not the MKR token of the same name, as it would be logical to assume, but a cryptocurrency with the DAI ticker. This coin is pegged directly to USD and is currently the only token that has been issued (excluding MKR). You should pay special attention to the fact that the market rate is always stable, and one DAI is equal to one dollar.

If the development team continues to follow the project roadmap, then on the basis of Maker, an independent decentralized cryptocurrency exchange will be formed in the future with the implementation of margin-type trading and the ability to use many types of digital currencies. However, there are currently only ERC-20 tokens on the platform.

Maker is a decentralized project. It is for this reason that many cryptocurrency experts call it MakerDAO.

It is also worth mentioning that MKR tokens were issued in order to attract more contributors to the project. The owners of these tokens act as shareholders who can have a direct impact on the platforms ecosystem. All decisions are made by a general vote.

Maker features

As you know, the main purpose of the existence of cryptocurrency is to completely rid the world of fiat money, as well as to completely transfer all types of financial transactions into digital format. It is the tokens of the Maker project that can solve two main difficulties that currently exist in the field of cryptocurrency and prevent the introduction of digital money into the real economy. The main problems today are that:

the real cost of cryptocurrency on the market is not determined by anything other than user demand;
cryptocurrency is currently too volatile, and its rate is volatile due to frequent surges.
It is for these reasons that to date, no cryptocurrency has been successfully integrated into the economy of any state. However, it is the Maker project that can change everything.

This raises a logical question: what is the point of investing in this project for ordinary investors? Given the fact that the main token of the DAI project is rigidly tied to the USD rate, it can be understood that it will be impossible to make money on the rate races. Nevertheless, it is in DAI coins that you can safely invest in order to make a safe deposit, especially in the long term. If you constantly store your deposits in digital currency, then a certain part of the income will burn out due to the high volatility of assets. And regularly converting digital money into real money and back is too difficult, time-consuming and unprofitable.

Since DAI is a decentralized stablecoin, this particular token is the most attractive for many investors, because it is an excellent opportunity to fix your income. When the exchange rate jumps, the investor will not lose his investment, but simply freeze his assets in DAI coins for a while, which will definitely not change their value, because their rate is fixed. You just have to wait for a favorable situation on the market - and you can again take part in trading with minimal losses. This is precisely the main attraction of this project.

In turn, the market price for MKR tokens is very volatile. Due to various factors, sharp jumps in the rate often occur. It is worth noting that this token is not entirely suitable for investment in the long term, but you can make good money on the rate jumps. I would also like to note the fact that most investors, speaking about the digital currency Maker, mean exactly MKR coins.

In any case, this project is promising and interesting for both ordinary users and experienced traders. It is definitely worth paying attention to.

How is Maker created?

First of all, it must be said that Maker mining is not provided by the system. As a result of the one-time emission, the development team released one million tokens. Currently, almost all coins have already entered the public domain.

There is only one way to get MKR coins - purchase on one of the cryptocurrency exchanges. Most coins are traded on three exchanges:

Kyber Network. Traded in pairs with ETH, 14 percent of the total trading level;
Paired with USD, 12 percent of the total trading level;
Paired with EUR, 10 percent of the total trading level.
However, despite the fact that almost all tokens are on sale on not the most top cryptocurrency exchanges, a certain part of the coins are on OKEx, HitBTC, Gate.io, KuCoin and some others.

Is Maker Endless?

MKR tokens cannot be mined in any way. As mentioned above, they can only be purchased. It is for this reason that it should be noted that these tokens cannot be infinite. Their number is limited to a one-time emission, during which one million coins were issued. Additional issues are not planned, and the number of coins will only decrease in the future.

It is necessary to pay attention to the fact that when carrying out any intrasystem financial transactions as a result of the commission, the coins are burned out. This means that over time there will be less and less of them, and accordingly their market value will grow. This is an indication that the Maker project originally thought of a price increase mechanism.

Makers strengths

The very idea of the existence of stablecoins has found wide support among traders and cryptoexperts, as well as among investors and ordinary users. It is the Maker project that has every chance to get rid of one of the main problems that prevents the widespread adoption of cryptocurrency and prevents its widespread adoption as a payment instrument. Due to the material security behind Maker, the project is developing rapidly and is very promising.

The fact that Maker is backed by fiat money contradicts the very essence of cryptocurrency, because, according to the initial idea, the value of a digital currency should only form the demand for it. But, perhaps, it is precisely such a decision that will lead the project to success. After all, this ensures greater reliability, and, accordingly, increases the level of confidence in the project on the part of ordinary users and large investors. It cannot be said that the idea of the project itself is original or fundamentally new, but the methods for implementing the idea deserve attention.

The release of decentralized stablecoins allows Project Maker to:

ensure complete freedom of action in the implementation of all financial transactions;
get rid of political and geographical boundaries in the process of implementing any transactions;
maintain complete confidentiality for users;
fight monopolists;
save on the fact that there are no taxes for the conduct of activities, and financial transfers are not subject to additional costs for paying taxes;
guarantee financial independence from various government agencies that will no longer be able to access the personal financial transactions of users.
All these factors contribute to the successful operation of the project in the modern world, allowing it to attract new investors and win more and more fans in the field of alternative cryptocurrencies.

Naturally, in order to fully understand the strengths of the Maker platform, it is necessary to compare it with other cryptocurrency projects, within which stable tokens also function. The main advantage of MKR tokens on the Maker platform is their independence and absolute transparency of all processes within the system. The platform operates exclusively on the basis of the Ethereum blockchain, and this guarantees full transparency of all activities. It is also worth noting that, if desired, each user has the opportunity to access any data of interest to him about the Maker platform and the current position of the project.

In addition, it must be said that in other systems that operate on the principle of stablecoins, tokens are backed by deposits in bank accounts and are outside the blockchain. Users of the Maker platform can be confident that DAI tokens are backed by real-world funds and can be converted at any time.

DAI tokens are generated and used directly by members of the Maker network. In order to issue his DAI coin, the user creates a Collatterized Debt Position (CDP), sends his ETH to a special address of the smart contract. Currently, there are about 85 million DAI tokens issued, but their market value is significantly lower than the main currency used on the Maker platform.

Based on all of the above, we can conclude that the Maker project actually has many strengths. It is worth considering the fact that all the processes that ensure the operation of the system are extremely difficult, but they are thought out to the smallest detail and completely reliable.

Maker in TOP currencies

Currently, Maker cryptocurrency with MKR token is ranked 22nd on Coinmarketcap with a value of $ 478 per coin. The market capitalization is over USD 478 million, and the trading volume for the last 24 hours has exceeded USD 5 million. It is worth noting that the value of this cryptocurrency has been relatively stable lately. The maximum price for one coin was 1600 USD, however, according to experts, such a jump should not be expected in the near future.

If we talk about DAI coins, which are located on the 53rd place on the Coinmarketcap website, then everything is clear with their value, because one token is equal to one dollar. If, for some reason, the value decreases slightly, then this entails a massive purchase of coins, which in turn becomes the reason for the increase in value to the usual level. The market capitalization of DAI tokens exceeds $ 85 million, and the volume of daily trading is usually kept at 4.5 million.

It is worth noting that the project development team plans to release tokens in the near future that will be pegged not only to the US dollar, but also to other currencies, including euros, pounds and yen. Undoubtedly, such a decision will generate massive interest in the project, and the cost of Maker will increase significantly.

2017 was a research year for the Pundi X team. The main factors that hindered the autonomous movement of cryptocurrency among the masses were studied. The developers set a goal to rebuild the system to be 100% decentralized. The arrival of Pundi X is a testament to the successful achievement of the task.

About Pundi X project

A subsidiary of the WokoWorks holding (software developer in Indonesia) through Pundi X has developed payment software. The main goal of the developers is to make the whole process of buying and selling cryptocurrency, paying for various goods with coins simple and accessible. For this, a number of devices and applications have been developed.

In January 2018, the ICO ended, in which they raised $ 35 million - the hard cap bar. The PXS token was released, changed to NPXS. The NPXS token is designed for easy access of digital currency to more people, increasing the useful functions of digital money. With the high popularity of the ICO process, they gave an average rating. Investors received 2X to the dollar and 4X to Bitcoin.

Cryptocurrency ecosystem

Pundi X is a platform that provides several elements of a large ecosystem:

mobile phone app - Xwallet, a cryptocurrency wallet with payment and transfer options;
payment terminals;
payment cards.
Coins are used to pay system fees.

Tokens

NPXS coin is a RC20 Ethereum token. Created for:

settlement in retail stores using a special terminal;
checking tokens by terminal;
payments in bonus offers;
cryptocurrency transactions through the terminal.
The launch of the coin took place in March 2018. The token has the following characteristics:

23 exchanges / 39 active markets trade;
235.2 billion coins in circulation;
market capitalization is $ 36.4 million.
At the moment, the application is used for retail using blockchain technologies. The use of a system coin simplifies the interaction between the buyer and the seller, and also makes cryptocurrencies simple and easy to use everywhere.

System Description

Pundi X plays the role of the next generation internet service framework. This is a new infrastructure in the ecosystem of services with the improvement of the internet and blockchain. She combined the advantages of the two systems using the most common applications of technical solutions. A systematic approach to software and hardware coding is used to centralize all applications, websites, data and services. This helped lay the foundation for the next generation of the Internet in the future. Developers have achieved success in:

hardware;
operating system;
basic services;
optimization of open chains of blocks.
All actions are demonstrated on progress products. Blockchain Pundiye X includes the following elements:

functions with web protocol with distributed transmission (P2P);
the XDocker platform, which includes open source source code for developers;
creation, delivery and launch of DApps;
special storage;
high performance and secure blockchain;
Android OS to seamlessly switch blockchain and Android modes.
The ecosystem goes beyond the usual transfer of cryptocurrency and opens up new avenues for decentralization.

Pundi X features

This system is decentralized, built for continuous autonomous functioning without the control of any person or organization from outside. To support the system, the coin plays the role of the base currency in the system. Distribution, control, circulation and generation are also decentralized. The coin can be used by:

consumers;
infrastructure service providers;
developers when creating DApp based on, for example, Uber, Alibaba, etc.
financial service providers.
Any vendor contributes to the system.

Common goals

The main aspirations of the new system are:

separation from institutional centralization and monopoly when creating a blockchain network service on the Internet, including all the useful functions and experience of modern Internet products;
ensuring rapid migration of enterprises to the service network for absolute control over their own data and eliminating barriers between enterprises;
fostering competitiveness while improving user experience, increasing efficiency rather than increasing reliance on past success against new competitors.
Developers use fully decentralized social media platforms. This allows you to retain ownership and store your own data. Any organization has no direct influence over the use of personal information. For example, you can use decentralized delivery apps (DApps) to order food in a restaurant when you advertise another decentralized app. All data and orders are stored in the public chain, not in the app.

The fetch of data from FXTP happens when the web page is accessed, no one has any control over what is visible or not. Therefore, developers have every chance to compete with large enterprises or business structures, subsequently reducing the efficiency of the business in the future. The natural development and change of large enterprises can lead to their dominance in another area.

Using Pundy X in everyday life

Everyone who comes across cryptocurrency asks the question:

how easy and profitable it is to buy cryptocurrency;
how to spend profitably;
how to buy goods in a store without withdrawing fiat, not to spend commission on an exchange.
With the growing popularity of cryptocurrency, store owners are more thinking about how they can offer the buyer to pay for the goods in this way. Another option is to switch the store for mutual settlements in cryptocurrency or using the usual payment method.
Pundi X offers a solution to all questions. The service offers retail stores everything they need to use cryptocurrency. Developers are creating an offline network for buying and selling cryptocurrency, enabling ordinary stores to use their devices to pay for services and physical goods. Pundi X removes all purchase restrictions. A commodity also means any kind of cryptocurrency.

How is Pundi X created?

PoW / PoS mining is not provided. There are several ways to get a coin:

Tokens in the form of payment for contributors who participated in the ICO. The payment is made under the contract from the sale of coins. During the ICO, investors got 30% of the ordered tokens. 70% is distributed to prevent the accumulation of huge amounts of assets in some capital investors.
You must participate in the staking program. They register in it, download a mobile application, pass authorization and perform system tasks every month. Tokens are awarded for completing tasks.
For those who have bought and held coins on ICOs, there is a monthly Proof of Stake reward. The distribution takes place for three years after the ICO, until the entire reserved balance is distributed.

Investors are paid 11% of the staking allocation. There are several pitfalls in the program:

time limit;
features of the KYC authentication procedure.
Its easy to buy a token. The purchase and sale takes place on several popular exchanges.

Is Pundi X infinite?

The advantages of this system inspired the developers to function X. With the advent of blockchain technology and cryptocurrencies, new currency systems began to open up. They transform the centralized mechanisms and the old monetary systems into a new system in which the participants have equal rights. A large flow of participants who have joined the system contributes to its stabilization. This produces new secure and confidential currencies that bypass the centralized common system.

In the process of various transactions with the terminal, a certain amount of NPXS coins are burned, which gives a reduction in the total supply and the option to maintain a pricing policy. Every month, 70% of the reserve is distributed between the holders of the cryptocurrency with the full volume of the issue. The distribution is carried out using the indicators of the average value with the daily minimum number of tokens per month multiplied by 10%, according to the indicators of the average daily number of tokens per month multiplied by 90%. The total is multiplied by 7.316%. The issued coins for permanent reward to users and token holders will increase the turnover.

Strengths of Pundi X
Developers have provided a turnkey solution in retail stores as the first, but not the only product. It is a smart contract cash register. XPOS includes the following features:

accepts different currencies, including Bitcoin, Ethereum, Xsem tokens and Xsem token, including from different crypto wallets;
offers its own card for payment Pundi XPos;
accepts other cryptocurrency cards supported by NPXS token;
supports other cards;
used as an exchanger (connects to services and gives the consumer a choice of conditions for exchange);
is used in the form of mobile applications for payment, for example, Alipay;
there is a setting for a bonus program for sellers for buyers, in which cashback is used taking into account the NPXS motet to buy goods next time;
subscriptions with bonuses are issued;
the financial history of buyers is saved, which can be used for lending (the credit history is also saved, the information is encrypted);
merchant transactions are saved to simplify inventory and inventory management.
The seller orders the terminal, installs it in the store. The consumer only needs to download the application to his mobile phone and pay by the terminal by scanning a QR code or using an XPOS card.
XPOS is a turnkey solution for merchants and buyers that allows you to make payments both from a card and from applications. When buying, the seller chooses the desired cryptocurrency, Pundi XPOS accepts the one that the buyer has, converts it into the desired one. For the consumer, there is no need to worry about not having the required cryptocurrency. The system is designed to make it easy for both parties to use cryptocurrency.

Pundi X in the top currencies
In the top 100, ERC-20 tokens rank 51st. The increased demand for cryptocurrency sets the demand for this type of product. With a large number of competitors, Pundi will remain in demand, just like the token. Pundi X is in the top 100 popular cryptocurrencies.

In the long term, there is an opportunity to make a profit. Pundi X is currently partnering with APOS A8, the worlds best-selling payment device, to make cryptocurrency and blockchain accessible to a large number of people.

There are two things that can hold back the development of the project and the token itself:

Legality status - XPOS is focused on offline use, legality is important.
A large number of coins - 68 billion - is a deterrent to the growth of the token price.
You can store coins on the exchange, Ethereum wallets or your own Pundi XPOS card.
By using NPXS as payment for developers, the token will increase in use.

The number of countries installing XPOS is increasing. About 20 countries of the world use the terminal. Technology that solves convenience issues wins. A person can pay for goods anywhere. For sellers, turnkey service, with the inclusion of various bonus programs. This will generate interest in Pundis product, as using it will increase the profitability of the merchant business.

Universe (UNI) is a young and very promising project. Its goal is to develop the global gaming industry. The UNI Coin developers set themselves the task of transferring all games to this settlement system in order to minimize commissions as much as possible or completely avoid them.

About the project

UNI cryptocurrency has become a fairly large game currency. The creators see the main task in building up the infrastructure around Universe Coin, as well as in the development of new game projects and the introduction of a payment method into games. The need for a new game currency has arisen due to the massive interest of users in online games, in which it is possible to make purchases.

Game currencies have gained particular popularity in recent years. As the number of online games is constantly increasing, the demand is growing exponentially. These currencies are needed to buy any items, things, or even accounts in the game space, these include:

weapons;
artifacts;
armor;
VIP profiles, etc.
Buying game currency gives the player a lot of privileges and opens up more game functionality available only to a narrow circle of users. Thanks to the advent of in-game currency, users have the opportunity to buy not only boosters and uniforms, but also entire game accounts from each other.

The development of the gaming industry required the creation of new methods of payment for resources, and the UNI cryptocurrency fulfills this function. Its development and widespread use will help to solve the issue of financing new game projects. The users themselves are involved in the creation of gaming platforms.

Creators Chris Anthony and Steve Fambro began work on the project in 2017. Initially, the developers transferred only their games to the UNI cryptocurrency, gradually involving other developers with their projects. The creators of the project set a goal to solve several existing problems:

Limited ownership. Players risk losing all progress and purchases in the game, and they cannot be restored or converted into real money.
Fraud. This is one of the most common problems not only for games, but for the entire Internet as a whole. Analysts cite the following statistics: on average, for 1 legal purchase, there are about 7 illegal ones obtained as a result of fraudulent activities.
Mediation. Most payment systems involve a high commission and a fairly low transfer speed.
Vulnerability of deposits. Centralized platforms have the ability to freeze or withdraw all player deposits. There have been similar cases.
The developers plan to create a whole Univers industry, in which several projects have already been developed. For example, already implemented:

Universe Escrow is a trading platform;
Universe Online Wallet (UOW) - online wallet;
Kosmos is a massively multiplayer online game.

Opportunities

The Universe cryptocurrency is created on the well-known Ethereum platform. This is the so-called "classic" blockchain system that enables developers to create decentralized applications. Ethereum has several important features:

The blockchain is a transactional singleton system, that is, it exists only in one specified state, which cannot be changed.
Ethereum is a system open to every user.
The security of cryptocurrencies on the blockchain is ensured using complex mathematical algorithms, which are almost impossible to bypass or hack.
Before creating a new transaction, it is sent for verification and is added only if it is recognized as correct.
The consistency of the chain within the block and the impossibility of creating other blockchains prevents any impact on the transaction history. This means that no one can create a false transaction or modify an existing one. Such a system receives complete trust from the users, and therefore is considered secure. A high level of trust can provoke acts of fraud or even serious hacker attacks, but so far no such cases have been reported.

Universe has a number of other advantages:

The minimum commissions are ensured by reducing the number of intermediaries, in addition, the system assumes a high speed of transfers.
A legal and open market has been created in which the risks of fraud are minimized.
Possibility of earning for activity in games. You can also get rewards for interesting ideas and proposals for the project, as well as for supporting the project on the forums.
You can buy UNI-coin on several platforms:

Universe Escrow is the official marketplace from the creators of Universe. In addition to coins, you can purchase various game equipment and game-themed products on it.
Cryptocurrency exchanges. The success and demand for Uni-Coins was brought by the presence of both small and fairly large cryptocurrency exchanges. Coins can be found on vaulmex, crex24, XBTS and others.
Cold wallets are not exactly storage for cryptocurrency, but tools for interacting with the blockchain network.

How is UNI created?

UNI cryptocurrency is based on the classic blockchain system. The encryption algorithm used is Scrypt. This hash function is a more complex alternative to the well-known SHA-256. Due to the complexity of the encryption system, UNI cryptocurrency is almost impossible to mine using ASICs. The Scrypt system makes the entire UNI Coin project more secure, but at the same time slows down the data transfer.

The principle of operation of Scrypt excludes miners as such, so there is no division into people who mine cryptocurrency and those who translate it. However, mining has not completely disappeared from the Universe cryptocurrency system. It is difficult to say whether it will disappear altogether or acquire an indirect form.

The developers themselves participate in the creation of coins, so players can only purchase them on exchanges or on the companys website. There is also an opportunity to purchase UNI coins on cryptocurrency exchanges, from individuals or from brokers.

To start mining, the user needs to register his special Universe Online Wallet (UOW). The registration process is simplified and compressed as much as possible so that the user does not spend a lot of time on this procedure. It is suitable for devices with Windows, Linux, macOS, Sources systems. This wallet has its own advantages:

Facilitates the use of UNI.
Reduces the entry threshold.
Provides access to UNI for those users who cannot use a regular online wallet.
The Universe project team has created two types of applications: for PCs and for smartphones. On the latter, only the web version works. It is also planned to create a separate application for smartphones.

Yuni serves as a unit of account that forms a certain relationship between the parties. UNI Applications:

trade between players;
the creation of awards and incentives for their subsequent presentation to players who occupy leading positions in any events or competitions;
creating a base of privileges: using the circulation of coins, you can indicate the status of players and the relationship between them;
creating your own virtual goods store.
The Universe team has successfully implemented all these possibilities. Thus, Unis cryptocurrency has become a kind of connecting link between the Universe games and the players.

Is UNI COIN endless?

According to official data, a total of 11,200,000 Universe coins were created, of which 1,000,000 belong to the developers. It is known that 2 million UNI was spent on marketing purposes and on incentives. Analysts provided data on some areas, Universe allocated part of the funds:

Reserved coins for the games "Queue" and "Dark Abyss of the Universe": 3,500,000 UNI;
Coins reserve for promotions, tournaments and promotions in future games: 3,500,000 UNI.
Some of the coins belong to investors - 1,000,000 UNI (sales on the exchange from March to June 2017). All figures are still formal. The exact information on whether there are persons in whose hands a large package of coins is concentrated has not yet been provided. It is also not well known whether there is a “wholesale” sale of coins in one hand.

It is impossible to say unequivocally whether or not it is worth investing in UNI. It should only be noted that the exchange rate directly depends on how many game projects it participates in. This system is built mainly on trust relationships, so that the exchange rate will also depend on the number of players deposits. Since the gaming industry is expanding rapidly, investing resources in it can be quite a rational decision.

Strengths

The development of the Universe project opens up new game horizons for both developers and players. The introduction of this cryptocurrency into various game projects will greatly facilitate the payment system within the game, as well as the process of converting game currency into digital money. The creators of the project have already managed to resolve some issues:

Asset monetization. Using your own tokens as an equivalent to the goods and services provided.
Creating a decentralized, reliable marketplace for the sale of in-game goods (from simple items to VIP subscriptions and curiosities).
Creation of storage for content and payment channels.
Transparency of transactions, commissions, impossibility of refunds, convenient wallet, effective protection from fraudsters. The result was an increased interest in purchases from users.
Supporting users by improving the quality of the application.
In addition, the developers decided to create their own token, which has the following advantages:

Creates a trusting relationship between the player and the platform.
Allows you to fully control the entire turnover of funds within the project.
Formation of the evidence base, which allows you to provide complete reporting on transfers and transactions, guaranteeing the complete accuracy of information.
The creation of the UNI Coin token and the transfer of Universe-controlled games to work was a huge step towards a new, more advanced level of work.

Such solutions make UNI coin a popular currency for use, many players have already been able to appreciate all its advantages. Considering all the advantages, investing in this cryptocurrency is becoming quite promising.

Uni Coin in TOP currencies

The market cap of UNI Coin for 2019 is $ 684,241, with 3,493,001 coins currently in circulation. The results achieved are not very great compared to the Enjin Coin cryptocurrency, for example. However, this project is still relatively young, it is in the top 50 leading cryptocurrencies on Invest Rating.

Despite the small amount of capitalization, the Universe team has entered into several serious contracts in recent years, which shows possible prospects:

Yuni took part in the launch of the World of Warcraft 3.3.5a game server, on the Unigames game site. The server has Universe integration and a marketplace.
Launch of servers for popular games CS: GO, CS 1.6, GTA: SA, MineCra, also with Universe integration and a trading platform.
In the rating of cryptocurrencies on the Invest Rating portal, UNI Coin is now in 39th place. The cryptocurrency rate is stable, which makes investments in it quite promising. The competition is great, but Universe has every chance not only to hold its position, but also to rise several points higher.

At the beginning of winter 2018, the Nano cryptocurrency caused an unprecedented stir. Within a few days, the coin has risen in price tenfold, reaching its historical maximum. Growth has noticeably deteriorated today, but is this reason enough to discount one of the most viable crypto coins in the history of the digital market? What is Nano, is it worth the attention of investors - in our detailed review.

About the Nano project

The history of the project dates back to 2014, when a team of experienced developers went on the warpath with Bitcoin due to fundamental problems: a decrease in network bandwidth under the condition of increasing loads and a continuous increase in transaction fees. Then the project was named RaiBlocks, the on-net token was called XRB.

The RaiBlocks cryptocurrency differed from similar altcoins in an improved blockchain architecture, in which each participant had his own registered account tied to his own block structure. This technology allowed to increase the speed of transactions up to 7000 per second and provide unlimited scalability. RaiBlocks was able to reach consensus through weighted voting on conflicting transactions. Such a consensus system was able to provide faster and more reliable monetary transactions without departing from the principle of decentralized network.

Despite a number of revolutionary solutions implemented within the framework of the project, at that time the startup did not find its user and did not arouse much interest in the crypto community.

In February 2018, the development team rebranded their brainchild and changed the name to Nano. By changing the brand name, the developers tried to attract the attention of users, since, in their opinion, the new name, which reflects the speed of the project, will give a powerful message to understanding its goals. The logo was supposed to be associated with simplicity, speed and high performance.

In this, however, all the differences between the initial project and its analogue, because the technical component of the platform and the model of its development remained unchanged.

According to the developers of Nano, their cryptocurrency was the first to use the aforementioned technology, dubbed DAG (directed acyclic graph).

The project team included leading programmers, coders and engineers, including well-known personalities in the crypto community: Colin Le Majier (creator and lead developer of Nano, who led the development of the main protocol), Mika Bush (software developer of popular web projects and digital wallets), James Coxon (blockchain specialist, integrated Nano into web services and marketplaces), Zach Shapiro (iOS developer, designer of mobile wallets for Nano), Brian Pugh (hardware design engineer, cryptographer, protocol programmer), as well as Devin Torres and Russell Waters.

The Nano cryptocurrency entered the market without a preliminary sale on the ICO. According to experts, the lack of a PR campaign led to the fact that users did not show much interest in the project, and the coin did not appear in the listings of large exchange platforms for a long time. And it is quite obvious that the price of the Nano barely reached $ 0.009 then. Today, the dynamics of the exchange rate looks a little better, but it is still impossible to buy Nano on such well-known platforms as Bittrex, BitFinex, Poloniex.

Nano features

The Nano project and the platform developed on its basis provide users with a lot of opportunities when working with digital assets:

User wallets cache the Proof-of-Work antispam, which is used in the processing of each subsequent operation; other than that, Nano wallets are very simple and easy to use.
Due to its lightness and speed, the Nano blockchain does not require payment for the consumption of network resources, so transactions in the system are absolutely free.
For network participants, it is possible to register in a specialized wallet NanoWebWallet, which has wide functionality for working with digital assets. Users have access to the mobile version of the wallet.
The Nano network token is focused exclusively on the role of a convenient means of payment, with which you can pay for goods or services, make micropayments and make money transfers. This is the only cryptocurrency function provided by the developers, and no additional options such as creating a decentralized application or a list of smart contracts are provided in it. Developers have focused on improving network bandwidth, processing speed and making transactions.

The Nano cryptocurrency is not only an excellent alternative to the Bitcoin system, which has poor scalability and expensive transactions, but it can well be considered its worthy follower. Thanks to its excellent throughput and unlimited block sizes, the platform can help reduce transaction costs.

The new cryptocurrency plays an important role in the field of exchange trading. Altcoin with zero transaction fees can become a universal tool for conducting traders operations. Although, given the current negative dynamics of the exchange rate, this is not particularly relevant.

How is Nano created?

To understand the whole process of creating Nano, it is worth identifying the main components of the cryptocurrency:

Account. The user account is the main element of the public key (address) of the digital signature code pair. This address is available to all network participants, while the private key is not made public. A digitally signed data packet ensures that the owner is familiar with its content. One user can manage several accounts, but each of them is registered to one public address.
Block. The block contains the digital code of the transaction. Each transaction is signed with a private key belonging to the account under which the transaction takes place.
It is a global set of accounts, where each account has its own blockchain of transactions. Only the account owner can make changes to it.
But yes. It is a piece of computer software that controls the ledger and any account.
Simply put, all personal network accounts are provided with an individual account chain. Only the owner of the computer name can make any changes to it. In this way, the problem of confidentiality and independence of all network participants is solved. Data transfer takes place without intermediation, at the highest possible speed.

Each operation requires a minimum investment of time, while sending is possible with a packet size of only 64 bits. One transaction equals one UDP packet. In this case, there are no problems with the blocks. Any mobile device can be used as a node to record transactions. For this reason, on-net transactions are not charged.

Is Nano endless?

Nano has no mining. Initially, the issue of Nano was over 340 million coins. But in 2017, the developers mined over 133 million coins and distributed them through taps. Users could receive tokens by filling in captchas. This move was aimed at attracting new users to the network. This idea had to be abandoned due to speculation in tokens and the attraction of bots to receive coins, which hammered in text captchas.

Since then, the only way to get Nano is to buy or exchange it on marketplaces. Today, it is traded on over 20 trading platforms in a currency pair with popular coins.

To date, there is no reason to believe that Nano emissions will increase. This is also one of the reasons why the system has a zero commission - the network member does not need to pay interest to miners.

And since there is no way to get a coin, the developers pledged to support the network on their own with the assistance of crypto exchanges. Time will tell whether this will help avoid inflation.

Nano strengths

The main distinguishing feature of Nano is the absence of the need to use smart contracts and other decentralized programs. The basic concept of cryptocurrency is contained in three points:

instant transactions;
unlimited scalability;
zero commission.
The strengths of the cryptocurrency include improved security, high energy efficiency and compliance with the decentralization protocol.

Intranet data integrity is ensured by integrating the Delegated Proof-of-Stake (DPoS) model. If there are any problems in the process of confirming transactions, network participants vote to determine the canceled transaction. At the same time, they cannot make any changes to the course of the operation.

The delegated proof-of-stake model minimizes energy costs, provides full support to the core site, and eliminates the need to purchase expensive equipment. In addition, the network is protected from large mining pools and communities.

Summarizing the above, we can highlight the main advantages of Nano over alternative cryptocurrencies:

there are no problems with the block size;
work is built on a lightweight, accessible protocol;
the launch of a node in the network is free;
processing of transaction data does not require the involvement of third parties;
implementation of instant operations;
the network of accounts is optimized, which can be downloaded at any time;
high-speed transactions are accompanied by an anti-spam program;
the presence of improved codes to protect data from more than 10 existing types of network hacks;
an automated process for detecting branches in the blockchain.

Nano in TOP currencies

A year and a half ago, Nano rounded out the top 20 cryptocurrencies in terms of capitalization. The capitalization of Nano, according to the latest information, is 94,530,622 USD, and the coin is in 51st position.

The prospects for NANO, like other cryptocurrencies, are determined by the general state of the market and largely depend on the activity of the project developers. Due to the fact that the cryptocurrency has a narrow focus (it plays the role of exclusively a means of payment), attracting large businesses to the platform is not yet relevant.

However, the success of the platform and the popularity of the crypt itself can also be ensured by ordinary users, who will find the possibility of fast transactions with zero commission attractive.

According to experts, in 2020-2021, the crypto market is waiting for the success of the beginning of 2018, when Bitcoin was worth more than $ 10,000, and Nano could be bought for 30 USD.

To be objective, judging by the trading volumes of the cryptocurrency, it is suitable only for long-term investments, provided that the developers continue to expand the platforms functionality. And even under the most fortunate circumstances, the cost of the Nano is unlikely to reach 10 USD.

The paradox is that analysts call Nano one of the most high-tech and most promising cryptocurrencies, and investors fill their portfolios with other altcoins. Apparently, Nanos only chance is the ability to actively integrate cryptocurrency into the real economy. So, it is better for the holders of Nano crypto coins to take a wait and see attitude and hold on to the accumulated assets.

Crypterium is a whole space with a range of services and technologies. Their offices are located in Russia, Estonia and the UK. Crypterium acts as a mobile bank, which makes it possible to make payments with innovative assets, cryptocurrencies around the world. Payment for utilities, taxis, orders in stores and food in restaurants - all that for which bank plastic cards are now used.

About the Crypterium project

The goal of the project is to create the bank of the future, a revolution in finance. This is a kind of replacement for classical banking institutions with projects of the 21st century. In addition to the ability to pay for services, the development offers a number of other functional operations: currency exchange, loan issuance, payment department.

The issue of digital loans is especially interesting: the user takes the required amount in coins, and then exchanges them into any desired fiat, while information about transactions with money is stored in the blockchain network.

Crypterium dates back to 2013, when the team presented a client in Eastern Europe for making payments from a mobile phone using QR codes. Then they managed to attract more than $ 1 million from large external investors. After just 2 years, the company managed to organize more than 3 hundred contracts with partners, mainly e-commerce services. This approach allowed to raise more than $ 7 million at the secondary stage of fundraising.

During the year, the developers carried out an ICO, which raised more than $ 45 million. Already in 2018, the currency entered the market, and the creators presented their own unique mobile application that allows you to switch to a new payment method forever. Even later, the token hit major cryptocurrency exchanges. The current 2019 was also successful for the project: the first large-scale crypto-card was released, which enables network members to use digital currency to pay for services and goods around the world.

The project team consists of real professionals who have long been familiar with the field of digital payments and banking. Now the project includes 12 main developers:

Stephen Parker, CEO. He has already had a similar experience in his career, for a long time he was a member of the Visa team in Central and Eastern Europe in the same position, so there is no reason to doubt his professionalism and knowledge.
Austin Kimm is the executive director. His list of accomplishments includes companies with a market value of over $ 500 million.
Rafael Carraslosha - Vice President. Carrashosha is a successful banking entrepreneur. FinTech and major global consultants are all embedded in his 25 years of experience in the financial sector.
Vladimir Gorbunov is a co-founder of the company. Financial expert, worked in dozens of successful businesses. The focus of the activity is aimed at finding possible solutions to problems using technology.
Gleb Markov is also a co-founder. In the team, he holds the position of a specialist in financial and technical issues, cryptocurrency affairs. Has over 10 years of experience in this field.
Danny De Geer is Principal Compliance Consultant. Over 15 years of experience in financial crime. In his career, such companies: Deutsche Bank, Royal Bank of Scotland, HSBC, ABN AMRO and other leading financial institutions.
Konstantin Vygolov. Technology expert, CTO, over 10 years of experience in shaping and distributing marketing services.
Abramov Andrey. Heads the department of goods. On his account, work in well-known companies. For example, the developer was involved in the design and creation of the IQ Option and Binomo apps.
John Pearson. Takes the place of the head of the support service. He is responsible for communicating with clients and timely replies to emails of interest.
Siranush Sharoyan. She heads the marketing department, previously was a correspondent for RBC Media Group, publications in WSJ & Forbes.
Georgy Ermakov. He is the head of the research and development department. Has extensive experience. Previously successfully graduated from the LSE.
Ruff Rubaker. Takes the place of head of the design department. His task is corporate and product branding, a professional in the field of UX / UI design.

Crypterium features

Crypterium technology enables fast and convenient non-cash contactless payments. The mechanism of the project is based on algorithms that make it possible to efficiently and accurately combine demand and supply bids. This rule applies both to traditional P2P exchanges and operations on third-party cryptocurrency exchanges.

All information about transfers is stored in unique repositories. Employees constantly monitor the quality of operations to reduce risks and better predictability. It is an opportunity to form individual profitable applications. For example, users get access to information about which digital assets are most profitable at the moment. That is, it all speaks of good customer focus and optimization of all processes for greater efficiency.

Crypterium is convenient to use:

for buying and selling bitcoins, ether, lightcoin, monero and other popular currencies and coins;
for carrying out international transfers to wallet accounts using blockchain algorithms, including usual bank cards, while there is no limit other than the legislative one;
for currency exchange and transfer to other assets;
in order to pay for services: utility bills, fines, tax payments, account replenishment;
to set up automatic debit payments;
in order to track information about transactions, for convenience it is also possible to set a filter by payment category;
to interact with fiat.
Crypterium developers presented an open, accessible system that enables companies to create unique products based on a basic interface. In addition, most of the functionality of the mobile platform can be transferred to other projects. For example, this will be especially useful for:

creators of wallets for digital currency transactions;
developers of cryptoassets exchange points;
projects for the formation of a separate innovative system with offline payments;
loyalty programs;
any payments using digital currency and coins;
information storage and delivery systems;
settings for regular payments;
billing systems;
mechanisms for automatic notification of transfers.

How is Crypterium created?

Following the launch of the tokens, the company announced that one CRPT coin would be worth 0.0001 bitcoin. In order to determine the ratio of this price to other digital assets, you should use the popular exchanges:

Kraken;
Bitstamp;
Bitfinex;
Poloniex.
At the same time, tokens are distributed as follows:

the majority (70%) was sent to bidding among platform participants;
15% is used for advertising campaigns and privileged programs to users;
9% are directed to the personal department of the founders and team members;
3% each to provide bidding partners, as well as to promote and develop the project.
It is not possible to get CRPT in the mining process. To save money, you can use the official mobile utility, as well as wallets based on ERC-20.

Is Crypterium Endless?

CRPT has been released since October 2017. According to the plans of the developers, the issue will be about 300 million coins, while coins can be purchased only for bitcoin and ether. At the moment, about 99.97 million tokens have been issued by the creators, with more than 85 million in circulation. Since the currency functions as an analogue of the classic fiat, it is possible that a re-issue or additional issue of coins is possible. But the team did not give official comments on this matter.

Crypterium strengths

Crypterium has wide functionality, compactly concentrated in a mobile phone. This is a replacement for the bank, which means that the user has access to:

making payments: payment for goods, services, purchases, orders, etc.
money transaction;
exchange of digital currency for another crypto asset or fiat;
the opportunity to get a loan.
It is no coincidence that Crypterium arouses such interest in the cryptocurrency society, because the project has a number of advantages:

There is no need to contact the bank, confirm the data, wait for the card to be issued. Crypterium offers its visitors a ready-made card immediately after registration is complete.
No limits. Unlike traditional banks and payment systems, there are no limits on payments, transfers and other operations with digital savings and real ones.
There is no need to go to exchanges. The development is so large-scale that you can make high-speed transfers, make payments quickly around the world, without the extra costs of using the exchange.
Cooperation with global companies in the field of electronic payments: PayPal, Alipay, PayTM and many others.
Special referral programs, cashback and bonuses for network members. The benefits are designed to improve the use of the system for those users who save their coins on the resource.
Development of contactless payment technology, for example, QR codes, ApplePay, AndroidPay, SamsungPay.
All this suggests that Crypterium can be used not only in large and advanced companies, but even to pay for small household purchases at a kiosk near the house.

Crypterium in TOP currencies

The creators of the Crypterium project based their development on a universal and typical bank model, improving it in accordance with the modern requirements of the financial market for electronic assets. They brought this layer not only to a new level, but also added practicality and convenience. CRPT has moved away from the main disadvantages of the classical banking system, and therefore has the following advantages:

there are no large commissions for international payments;
fast processing time of transactions;
lack of bureaucracy and the inclusion of third parties;
confidentiality;
decentralization.
All this makes the project popular and in demand among users. With each new season, the team pleases the network members with new opportunities. Currently available:

fast payments: in your personal account there is a link to other popular contactless payment systems, which means that the shopping process is greatly simplified;
Internet payment: the resource makes it possible to pay for any purchases on the Internet without any problems, and a cashback will be a pleasant bonus;
currency translation: the team has successfully created a good partner group around itself, and cooperation with leading financial companies makes it possible to exchange digital currency at a favorable rate;
international transfers are carried out quickly, easily and without large commissions;
API tools: for owners of other projects who want to integrate the resource into their system, a simplified mechanism for launching electronic payments was invented;
the opportunity to use the coin as a convenient means for any payment around the world, since the commission is only 0.5%.
Thus, CRPT is a successful and promising project that has managed to introduce innovative cryptocurrency technologies into the established financial system of the whole world. The minimum exchange rate was about 4 rubles, and the maximum rose to 195. This suggests that Crypterium is unlikely to be considered a profitable and breakthrough project for investment, such as Bitcoin, in the near future, but its not in vain that the creators focused on the sphere payment for services and a simplified payment process. The development of technology in recent years enables the entire cryptocurrency community to correctly evaluate a potentially profitable and successful project, and therefore many users expect new developments from the team.

Over the entire period of full-fledged implementation of blockchain in world technologies, a large number of electronic assets, called cryptocurrencies, have been created and developed in parallel. However, not all of them have a currency purpose, but were created for other purposes. Definitely Ethereum and Bitcoin are considered the leaders in the world of cryptocurrencies. Do not forget about smaller, but promising systems, one of which is REN. The article will provide a detailed overview of this electronic currency, the history of its origin, the dynamics of the exchange rate and the outlook for the next few years.

About Ren

The cryptocurrency industry has been developing at a rapid pace in recent years, and many businessmen are showing a desire to invest in its growth. In ordinary markets, this function is performed by dark pools, which allow trading through hidden orders. These are private exchanges that take up to 30% of the volume of all classic trading in Europe and the USA.

Such excitement in the cryptocurrency market led to the creation of the Republic Protocol, which uses dark pools in its work, which is considered a decentralized exchange. Dark Pool is a special platform for making large transactions that ordinary users do not have access to. REN is engaged in the exchange of Ethereum, Bitcoin and ERC20 tokens. The system is provided with reliable protection against hacking due to the protocol of confidential calculations.

REN includes a cross-chain function, with which you can make any transaction on different blockchains without inviting intermediaries. The project has good characteristics, an unblemished reputation and is considered a good platform for people wishing to invest large sums in the cryptocurrency industry. The use of dark pools does not allow cryptocurrency to respond to large infusions of money and give erroneous value rates that would change dramatically almost every day.

Republic Protocol is considered a high-quality exchanger, which order book is used for their work, guarantees confidentiality to each user. The REN token issued by the developers is the subject of investor motivation and security. Despite the fact that the capitalization of the cryptocurrency is relatively low, experts assess its positive dynamics in the course of the rate growth.

Working principle and capabilities

The main goal of the Republic Protocol is considered to provide nodes in such a way that all data about users and their financial transactions are completely encrypted, without access by unauthorized persons. This seems like a rather difficult task, but innovative technologies in the cryptocurrency sphere of activity allow such plans to be implemented. Besides, such a program needs constant updates and improvements.

To divide orders into several parts and distribute them evenly over the network, the developers use Shamirs secret. It is impossible to restore the order without almost all the collected fragments. To avoid fraud and illegal actions in relation to such fragments, a smart contract called Registar is used. This is the development of the Ethereum system. Such a distribution of fragments will force any attacker to retreat, because the price of the work will be too high.

Another possibility of REN is considered to be the ability of nodes to calculate different orders to find profitable financial transactions. This entire procedure is carried out privately in order to exclude the possibility of creating an original order. The Zero-knowledge proof protocol is used to make calculations.

When the required deal is found, the next action starts an atomic swap between users in the Republic Swarm Network. All transaction data is securely protected. Such a network has the following properties:

user identification program;
optional online presence;
information is confidential until the execution of the order;
Republic Dark Pool can be appreciated by any user.
There are speculations that the third party could be Ethereum, which honestly confirms transactions and has no personal interest. Thanks to such a protective system, the capabilities of attackers are limited to a minimum.

Features and differences of the REN system

In order to understand in detail and understand the principle of operation of the Republic Protocol, it is recommended to refer to an example:

The user wants to sell a certain amount of coins.
An order is filled with an indication of the number of tokens, after which it is placed in the public domain.
The second user, who is a member of the platform, fills out a buy order and submits it to the general system.
The order can become a guideline for small buyers, who will set similar prices according to the pattern.

At the moment, the developers are trying to implement all the technical ideas in the project, which are then submitted to github, where the development map is uploaded. Dividing an order into fragments does not guarantee complete security for the system. Attackers can create fake nodes and try to collect all the information about the fragments. Such actions are called "Sibyl Attack".

To protect against this, a simple mechanism for identifying users and nodes was created using REN coins as collateral value. System protection is built in such a way that fragments are distributed in random network topologies. To control the network, you need to own all the fragments, and only in this case you can decrypt the order book.

The main drawback for the exchange floor is liquidity. The problem is indicated very sharply, usually when starting a project. The main reason is the lack of popularization of the new system. The developers are solving this issue through cross-chain relationships with other exchanges and providing an opportunity to work on high liquidity of assets. Crosschain is a protocol that can be used to change currencies of different blockchains.

How REN is created

The REN cryptocurrency was created by the developers of the Republic Protocol system. Mining this coin is impossible, since REN is not the main goal of the team, but only serves as an additional tool for organizing work in the system. This cryptocurrency allows you to stimulate financial calculations for the selection of orders from different orders.

Without such an incentive, users will not want to waste their time on this difficult procedure. Also, tokens were introduced for payment to registrars in smart contracts created. This allows traders to use dark pools.

Another use of the REN coin is the payment of commissions in the Republic Protocol system. It is part of the hardware mechanism of an entire decentralized system that rewards users who provide more computing power. This allows you to perform all actions of Republic Protocol users in a timely manner. The commission is paid by the traders themselves (when placing an order on the platform).

If the order expires before the merging process, the commission is returned to the trader in full. Each node that took part in the merging process automatically receives a certain share. It is determined depending on the total number of participants in the process. REN cryptocurrency is available on a limited number of exchanges, the list of which is posted on the network.

Advantages and disadvantages of REN cryptocurrency

REN cryptocurrency is the development of the Republic Protocol team and, like any other decentralized system, has the following advantages:

High level of security of electronic assets of users.
Ensuring the confidentiality of transactions. After the completion of the transaction, only a part of the information that does not carry any value comes into the public domain.
Built-in system protection at any access level.
Low cost and speed of any financial transactions.
However, this system has some disadvantages:

There is no way to acquire full control over the blockchain of a specific cryptocurrency asset.
Too much computing power will lead to transformation into a centralized network and possible data changes in the system.
To exclude such incidents, developers introduce a master node system, appointing trusted executors to monitor the situation and maintain the blockchain system.

Where to store REN cryptocurrency and its place in the top cryptocurrencies

Almost all types of wallets are available for storing this cryptocurrency, namely:

cold;
electronic;
hardware;
mobile;
exchange wallets.
Most wallets are multicurrency. They are translated into Russian. It is recommended to store large amounts of REN cryptocurrency in cold wallets for maximum security, and small funds in exchange wallets so that they are available for work at any time.

At the moment, 1 REN coin costs 2.42 rubles or $ 0.03. This course is primarily due to the low popularity of cryptocurrency in the world, its promotion is a secondary task of the developers of the Republic Protocol. The total supply of REN coins is 1 billion. The cryptocurrency is not included in the top due to its rate and capitalization, however, experts predict a good growth of the coin a few years later, associated with the popularization of the Republic Protocol system through work with smart contracts.

REN cryptocurrency perspective

All decentralized systems, to which the Republic Protocol belongs, are in great demand and user support. Thanks to this, the system has a fairly good potential, which is in every possible way supplemented by the latest developments and technologies used on the platform.

User privacy, smart contracts and security in cooperation allow the Republic Protocol to hope in the future for rapid growth and popularity, as well as attract large investors who, by their arrival, will raise the capitalization of the cryptocurrency.

Big competition in the market can be considered a disadvantage in the development perspective. All projects are trying to develop and cover a larger audience. Still, the creation of cross-chain connections and the liquidity of the project should help attract traders to work with the Republic Protocol.

The most significant step towards progress was made in 2018, when the basic framework of the entire system was developed and tested in real time. At the time of this writing, Republic Protocol is not making dramatic progress, but it has been steadily holding its position throughout the year. Experts note the positive dynamics of the rate growth, but each trader must independently decide whether to work with the Republic Protocol, having studied the characteristics of the system.

Conclusion

It is worth noting that in this article a rather non-standard cryptocurrency system was considered, which is based on completely different goals and objectives than promoting your coin. In order to reach the established directions, developers will have to put in a lot of effort, constantly looking back at competitors.

Reviews of the Republic Protocol characterize it as a stable system, with knowledgeable leadership and constant improvement efforts. The coin is used as a lever of motivation for the high-quality work of traders, serves as a compensation payment for finding compatible order fragments.

Online monitoring of the cryptocurrency will help you decide whether to invest in REN. Now the main condition in almost all areas of activity is security, and the Republic Protocol is able to guarantee it. The system can be a good choice for both experienced traders and beginners in terms of gaining experience in cryptocurrency trading.

EDC Blockchain is a digital currency with a unique blockchain network and platform that allows you to create and launch smart contracts and coin emissions with any specified parameters. All these capabilities are achieved thanks to the work of in-house specialists, so network users do not need to independently learn programming skills, write code, or assemble a professional team. For those who do not intend to present their own developments, there is an opportunity to receive passive income by earning coins by leasing cryptocurrency, and this does not require any special expensive devices and costs.

About EDC Blockchain project

EDC Blockchain is a world-famous and popular platform, the functionality of which has been expanded with its own unique cryptocurrency, which makes it possible to use optimal and convenient options for conducting transactions. The company presented its project back in 2015, but now the developers have managed to create a large cryptocurrency community (several million users) and popularize their asset in more than 60 countries around the world.

The company attracts the attention of critics and ordinary users with its perspective and potential. The official website of the project has a roadmap that contains goals for the near future, for example:

extending EDC Blockchain application support for all OS;
formation of a large-scale blockchain tool that will help simplify the process of creating new cryptocurrency assets on existing blockchains;
release of a new high-speed and secure platform based on blockchain technology;
formation of a crowdfunding resource to attract large investors to new original projects and developments;
release of a large p2p store for the EDC community.
In addition, it is worth mentioning separately the commissions in the EDC Blockchain system, which are extremely low in relation to other blockchains and cryptocurrency projects. For example, for a user and holder of bitcoin, the average transaction will cost $ 1, for an Ethereum visitor - slightly less, $ 0.8, and in EDC, the commission is measured in 0.001 coins. Translated into the modern digital currency rate, the user will need to pay about 0.0005 cents. But this rule does not apply to confidential secure transactions, they are more expensive: 100 EDC, which is in any case cheaper than the previously listed currencies.

But another advantage of the resource is that all fees in the system are fixed, so even millions of non-confidential transfers will cost 0.001 EDC.

EDC Blockchain Features

EDC Blockchain has an optimally and smoothly operating single platform with a huge number of users, which makes it possible for various startups and young projects to develop. The revolutionary platform had a positive impact on the rating of the cryptocurrency, which affected the advantages of the technology:

Easy access: EDC is listed on many major exchanges: Yobit, Idax, Bit-z, DigiFinex and others.
Simplified mining: digital currency is mined using LPoS mechanisms, so in order to become an owner, there is no need to buy and install expensive equipment. For this, a special technology is used - a masternode, which functions remotely from the holder, who receives the finished result.
Graphene algorithm: the protocol allows for fast transfer operations, makes it possible to provide multitasking for users with different tokens, and also reduces the commission.
In addition, EDC offers its users a range of services:

The ability to interact with digital assets: issue coins, manage them, save them with a resource and conduct trading operations.
Access to use a multicurrency wallet, which is distinguished by a high level of protection, reliability, simplicity and ease of use, as well as the speed of processing requests.
Ready-made mechanisms: the company provides already formed packages that will help create a cryptocurrency based on blockchain technology. They can be used to attract deposits into your business, to pay for various goods and services, and to create unique payment programs.
Emphasis on development. The service offers excellent marketing functions for business owners who help promote the project on the network, build work with targeted advertising channels, and are engaged in the formation and organization of content.
Creation of projects based on the blockchain mechanism, as well as smart contracts for any purpose.

Also, the main advantages of the project include a special original wallet, which the creators are successfully updating. The latest update made it a universal engine with a simple and straightforward interface that is available on any platform and in all browsers. The wallet allows you to save any coins that have been issued based on the EDC Blockchain technology. In addition, the creators have provided for a large range of currencies, and all transactions are carried out quickly and through secure channels. In addition, all community members are given the opportunity to send coins to the masternode for mining directly from their wallet.

How is EDC Blockchain created?

One of the characteristic features of the EDC Blockchain cryptocurrency is convenient and affordable mining. It is produced on the basis of LPoS technology, for which a masternode is used. Few projects support mining based on this mechanism.

A masternode is a special server that serves to accept coins for a leasing resource, allowing the node to extract currency and generate income for network visitors. With its help, all wallets are united into one network. The masternode independently distributes funds between the participants, the amount of which directly depends on the size of their initial investment.

To do this, there is no need to constantly keep the computer on and monitor the process. It is enough just to transfer coins to a masternode and wait for the result in the form of coins accrued daily to your personal wallet.

To create absolutely equal rights, the called Leased Proof-of-Stake mechanism is used, which is aimed at ensuring the security of the resource by the joint efforts of all users. Therefore, for example, a holder of a large number of coins can count on a stable and good profit.

The mining process can be briefly described as follows: a participant transfers EDC coins to a masternode server, and she mines a coin. It turns out that automated income always depends directly on the investment. It is worth mentioning that the minimum contribution for users is 30 thousand coins.

In addition to mining the main cryptocurrency, the company provides an opportunity to form its own assets, for which there is no need to resort to powerful computers, hiring professional employees, paying for hosting and other technical issues. You just need to set custom settings.

Is EDC Blockchain Endless?

At the moment, there are more than 2.6 billion EDC coins in circulation among users on the resource. According to the latest data, it is known that by the end of 2019, more than 5.3 billion coins were issued, while, according to the creators, the planned emission is limited to 100 billion. It is not yet possible to say whether this number will increase in the future.

Strengths of EDC Blockchain

Now the team has already managed to implement a large number of conceived ideas, which makes the platform visited and the cryptocurrency itself convenient and usable.

For example, users have created their own wallet, which makes it possible to conduct transactions in the EDC coins themselves. Also, a positive effect is achieved due to the LPoS algorithm, which allows participants to save their leased coins on the resource and receive a reward for this. This suggests that EDC will be an excellent investment for those who want to somehow keep their assets, and not sell or exchange them.

Of course, the advantages of the project include daily payments for those participants who take part in leasing. Their size depends on the amount of the credits themselves, but a pleasant program is also provided: for a three-month leasing period, you can earn 8% monthly, as well as 6-10% and 12% profit for the next six months. And the procedure for sending coins is simple: you just need to send the selected amount to your wallet. It is also appreciated by those who want to create and develop their project related to cryptocurrency, and offers a number of service packages for every taste.

The confidentiality of the EDC is of paramount importance. It is worth noting that this feature is not installed by default, but only a feature, so users can adjust it for each specific transaction. If the participant wants to carry out the operation confidentially, then when filling out the transfer data, it is necessary to move the "Confidential transaction" switch towards activation. The confidentiality of the transfer is reflected in the cost of the commission: instead of the standard amount of 0.001 EDC, you will have to pay 100 EDC. For confidential translations, comments from participants are also not provided.

Enabling confidentiality allows you to hide personal data, after the transaction enters the network, it will be impossible to determine the subjects of the process. Cryptocurrency critics do not understand why the cost of privacy is so high on the resource, but it can be assumed that this is done so that the majority of users choose open transactions with traceability. This approach can repel small fraudsters, criminals and sponsors of various illegal activities.

But even non-confidential transactions say little about users, because personal data is not required to create an account, it is enough to come up with a login. In addition, for those who want to protect themselves as much as possible, there is always the possibility to manually create a large number of addresses so that information about transactions is confusing and voluminous.

EDC Blockchain in TOP currencies

At the moment, the EDC wallet is only available for use on the internal web service, but, as already mentioned, the developers plan to provide versions for different operating systems, including mobile applications.

EDC Blockchain can be used to create your own projects based on their blockchain, and this largely determines the popularity of the resource among users. Most modern blockchains do not have such an opportunity, and in order to achieve this goal, you will need to seek help from specialists.

According to experts, if the intended goal of the company (to release an improved constructor with universal and understandable tools for shaping developments on any blockchain) is achieved, then the team should expect a new wave of interest in work. This also arises against the background of other future projects. For example, an exchange that will be connected to a wallet, allowing trades, ICOs, and also attracting deposits to their cryptocurrency projects.

All the currently existing opportunities, as well as the outlined plans, to a large extent allow creating a wide and convenient functionality, which makes EDC Blockchain a promising project. It allows you to create your own developments, and attract investors, and make a profit from mining and leasing. It is no coincidence that EDC occupies top positions on many exchanges and is actively in demand among users. If this trend continues, then the project has a chance to take leading positions among the owners of the cryptocurrency.

About Dogecoin

Only the lazy have not heard about digital currency now, because for the past few years this area has been constantly in the spotlight. This is not surprising, because the modern cryptocurrency world is represented by many different projects. And sometimes it can be difficult to figure out which digital currency is worth investing in and which one is better to bypass. Each cryptocurrency project was released with a specific purpose. Some development teams wanted to change the world and improve Bitcoin (which is open source), others just wanted to try their hand at new technologies or quickly get rich on the basis of the general interest in virtual money. However, there is another reason for the release of a cryptocurrency project. This is a banal joke on people who believe in the main principle of cryptocurrency existence, which is that its market value is formed exclusively by the level of demand for a project.

All cryptocurrency projects are trying to win followers through the introduction of new technologies, unique opportunities or new solutions. However, one project stands out from the rest. This is due to the fact that he was born as a joke. Thus, two programmers - Billy Marcus and Jackson Palmer - launched their own cryptocurrency project in 2013, which they called Dogecoin. The technical basis for the future project was the digital currency Litecoin (to be more precise, the fork of Luckycoin), and the ideological inspiration was one of the popular memes at that time - the Shiba Inu dog. As a result of the merger of these two names, Dogecoin came out (in Russian it is pronounced as Dogecoin, but if translated literally, it will turn out to be "dog coin"). The cryptocurrency platform, immediately after its official entry into the market, launched a cryptocurrency, which was assigned the DOGE ticker on exchanges.

Nevertheless, some time after entering the market, the DOGE cryptocurrency aroused the interest of many traders and crypto experts, who began to massively buy and invest in the project. It was then that the development team announced that their comic project had long ceased to be a simple joke, and now DOGE is pursuing high goals. The developers stated that their main task is to create the most simple and understandable, as well as accessible for everyone and convenient to use altcoin. I would like to draw your attention to the fact that all the technical characteristics of the project correspond to these goals, and the project may well become successful and fully realize all the possibilities on the crypto market. This is due to several factors:

Altcoins DOGE cost very little, and at the current exchange rate, only $ 10 can buy them about 4500. For this reason, this project is suitable even for novice traders, whose financial capabilities are usually very limited.
A huge number of DOGE coins are issued, they are also endless, which allows them to constantly participate in the auction.
This cryptocurrency has a real sphere where it is used. Users of this network use DOGE to carry out personal financial transactions, and also pay for various goods and services on the Internet.
Dogecoin is a decentralized digital currency that can be used to make mutual settlements between users. The project is interesting not only for novice traders, but also for experienced crypto investors. However, at present, DOGE has a number of serious questions, the answers to which have not been received by users. The main factor that scares off large investors is the lack of a Road Map for the project. It is worth noting that the DOGE platform has not had any updates for a long time, which also has a significant impact on the cryptocurrency rate, as well as the level of interest in it among ordinary users.

Dogecoin features

As mentioned above, the Dogecoin project cannot surprise with something fundamentally new or original, because it is based on the LTC fork, and was originally conceived as a kind of digital joke. However, since this joke has received strong development, the project nevertheless became a real cryptocurrency, which has won a worthy place in the modern digital market.

It must be said about the technical parameters that Dogecoin cryptocurrency possesses, although it is based on the Litecoin algorithm, but it has significant differences from the original source. It is worth noting the differences between these two projects:

full disclosure of one block takes only a minute (in the LTC network, this takes more than 2.5 minutes);
only 6 minutes are required to confirm the financial transfer (LTC has 15);
The reward for disclosing a block for a long time was not fixed and was calculated arbitrarily (since 2014 it is 10 thousand DOGE coins and a percentage of the commission for making a transfer).

Based on the above, it becomes obvious that although DOGE is based on the technical basis of another project, it has gone much further than its predecessor. It should also be mentioned that due to the differences between the two platforms, the DOGE project provides users with a much wider range of opportunities in the field of mutual settlements, which is an obvious plus.

I would like to point out that there are several possible ways to use DOGE. First of all, it should be said that DOGE coins can be donated (donated) to users of such social platforms as Reddit and Twitter, thanking them for high-quality content. If the user does not have a wallet for storing Dogecoin donated coins, then there are special chat bots that contain all the necessary information and instructions on how to open a wallet to store coins and receive them into their account. Thus, the Dogecoin platform is not only becoming more popular, but also encouraging social media users to care about the quality of the content.

In addition, Dogecoin coins can be used to pay for various goods or services provided, because today many sellers use these altcoins for settlements, and most stores that work with Bitcoin also accept Dogecoin. You can use a simpler method and simply transfer the public address of your wallet to someone who wants to pay for services, and then wait for the required amount to be credited.

Despite the fact that Dogecoin is not a unique project in its kind, it still managed to find its niche in the crypto market, gradually gaining fans who are attracted by some technological features. There may be several reasons for choosing Dogecoin:

ease of use and democratic platform;
extremely low percentage of charged commission - regardless of the transaction amount, the commission is only one DOGE token;
easy mining;
fast transactions;
decentralization and confidentiality;
no network scalability issues.
All these factors provide many opportunities for the Dogecoin cryptocurrency. However, you should pay attention to the fact that this cryptocurrency is not entirely suitable for investment, but rather acts as a secure means of payments and financial transfers.

How is Dogecoin created?

Anyone who is fond of cryptocurrency should first of all know how to get it. To begin with, it should be said that the issue of DOGE amounted to one hundred billion coins, so there is no shortage in the market. Dogecoin cryptocurrency can be obtained using various methods. For example, users note the easy mining process, which does not require extremely high equipment capacities.

Also, if DOGE mining is not interesting for the user, the participant can simply use the faucet site, where you can earn coins by entering captcha. However, even with such a simple method of distributing coins, the platform still wins, because there are always a lot of ads on faucet sites, for the placement of which the Dogecoin platform receives its percentage.

In addition, you can simply buy Dogecoin on one of the cryptocurrency exchanges. The bulk of trading is on the Fatbtc and P2PB2B exchanges. However, you can also buy DOGE on Bittrex, Poloniex, HitBTC, Yobit, CoinEgg.

Is Dogecoin infinite?

I would like to draw your attention to the fact that initially the DOGE project planned to issue a limited number of coins. However, later this decision was reconsidered, and after the initial placement of one hundred billion tokens, the platform developers announced that their coin would be generated indefinitely. At the same time, an additional 5.2 billion coins will enter the market annually. Currently, the total circulating supply exceeds 122 billion DOGE coins.

Dogecoins strengths

Naturally, in the process of reviewing any cryptocurrency platform, you need to pay attention to its advantages and differences from other projects. Speaking about the strengths of the project, it should be mentioned that:

due to the low cost of coins, DOGE is suitable for novice traders with a small start-up capital. The platform can give beginners the first experience in the field of digital currency;
although the cryptocurrency appeared as a kind of joke, at present it has been able to win quite a lot of fans, forming a solid community that contributes to the slow but steady growth of the projects popularity;
high level of security and reliability of the platform;
cooperation with many cryptocurrency exchanges and Internet platforms;
the opportunity to get the first DOGE coins completely free.
It must be said that this cryptocurrency project perfectly fulfills the functions of a means of payment, and is also much more convenient to use than Bitcoin.

The fact that the platform is decentralized also attracts users, as it helps to ensure security and privacy, which are extremely important in todays world. Dogecoin is one of the few projects that has been able to fully implement the fundamental principles of decentralization.

It is also worth paying special attention to the fact that, unlike most digital currencies, in Dogecoin, each user manages the transactions himself. This is an extremely important factor, because no financial transaction will be canceled due to circumstances beyond the users control. It doesnt matter to whom and for what the money is transferred: the transaction will still be executed, and only the user can cancel it.

Dogecoin in TOP currencies

Today Dogecoin cryptocurrency is ranked 31st in the TOP digital currencies according to the CoinMarketCap website. The total market capitalization exceeds $ 263 million, which is a very impressive figure. The average trading volume per day is at the level of $ 60-70 million.

This project has shown excellent results and has a good development trend. The project has been on the market since 2013, and during this time its cost has increased several times by hundreds of percent. It is worth noting that the rate jumps occur every 5–8 months, so if the trader has patience, then you can make good money on this.

However, Dogecoin is not suitable for short-term investments, and it is unlikely that it will be possible to get a solid profit from the rate jumps. Dogecoin is rather intended as a means of making payments and transactions.

However, the project also has problems. In addition to unlimited generation of new tokens, the lack of a Road Map is also a concern. In addition, you need to pay attention to the fact that Dogecoin has not had any updates for a long time. If in the future the development team does not begin to implement new technological solutions, and also does not expand the scope of their coin use, Dogecoin may lose its position in the market. Nevertheless, the project is promising, and I want to believe in its success.

EOS is not just another type of digital currency, but a fundamentally new operating system based on blockchain technology. In fact, it is both a cryptocurrency and a financial structure at the same time, which has its own characteristics and nuances. Many analysts have called it a real breakthrough in the crypto industry, and for good reason. Lets take a closer look at what is so special about cryptocurrency and how great its prospects are in the global digital economy.

About the EOS project

EOS is the internal cryptocurrency of the platform of the same name. The essence of the latter is to provide the ability to create applications for decentralized purposes. The principle of operation of the platform is similar to Ethereum, many even called EOS a more successful copy or "destroyer" of Ether. The EOS platform has an intuitive interface and high speed of transactions.

In order to implement the project, the development team implemented the principle of asynchronous smart contracts that run in parallel with each other. Due to this, the system is striking in its performance - about 100 thousand transactions in 1 second.

The internal EOS token operates on the current ERC-20 standard, in fact, this feature is one of the few that unites the currency with Ethereum. Additionally, the platform itself has a number of positive qualities, such as:

Scalability. The EOS blockchain can support about a thousand decentralized applications for commercial purposes. The system is automatically capable of separating the check and the executor; it does not require the obligatory calculation of the operations performed.
Flexibility through offering role-based generic permissions, freeze and restore broken applications, and an active site for web builds. It is thanks to this functionality that it is very flexible in relation to developers of decentralized applications.
Scale of tools. It has everything you need to develop an interface, including descriptive interfaces, declarative resolution schemes, and self-describing database schemas.
Providing equal opportunities for every depositor. As conceived by the creators, EOS signs are deprived of a fixed price, it is determined by the market. That is, such a kind of "imitation" of mining tokens without providing undeserved privileges to large investors is more democratic in relation to ordinary users.
Openness of the main functions for everyone. The key components required to run apps or blockchain ecosystems are available free of charge.

How is EOS created?

Daniel Larimer became the person who brought the idea in mind and implemented it in practice in the form of the EOS platform and cryptocurrency. In the world of digital currencies, his personality is quite famous and influential. It is worth noting that before that he was not engaged in the release of his own cryptographic coins, but worked exclusively on the promotion of other electronic currencies. At the time of the announcement of the project, which took place in May 2017, under his leadership, 2 crypto platforms were launched - BitShares and Steemit. According to the EOS developer himself, these 2 projects allowed him to gain the experience and knowledge necessary to implement a more complex project.

The EOC project itself is part of Block.one, the latter registered in the Cayman Islands. The team of creators included 50 experienced professionals. During the implementation of the development of an OS running on blockchain technology, it was decided to get investments from crypto enthusiasts by selling internal tokens. This would make it possible to actually bring the project to life.

In June 2017, the first ICO took place, during which the sale of the first platform tokens was announced. A record number of EOS coins went on sale, namely 200 million. And this despite the fact that the emission of EOS was 1 billion. Due to this decision, the project entered the 10 most capitalized currencies. The sales structure was as follows:

20% of assets were sold within 1 round;
10% - reserve of company one, which is not subject to sale or sale;
70% - divided into groups of 2 million coins, which were evenly distributed over 350 consecutive periods, the duration of which is 23 hours.
Initially, before the ICO, it was planned that the cryptocurrency would enter the market only after the end of the campaign. However, 2 months later, the tokens of this platform could be found on various cryptocurrency exchanges, the price of EOS was equal to $ 1 per unit.

During the implementation of the IKO, Block.one was able to raise $ 4 billion from investments. In 2018, the second stage of crypto sales followed, which was also crowned with success.

The users share in the EOS network is directly proportional to the amount of tokens at his disposal. This became possible thanks to the implementation of the DPoS protocol by the development team. The potential of the project, as conceived by the creator, is planned to be distributed among coin holders. It is worth noting that many analysts took this decision positively. At the same time, Larimer himself continues to successfully promote the project as the main competitor of Ethereum, paying attention to the main shortcomings in the competitors work.

EOS features

Of course, according to many users and experts, cryptocurrency is very popular. An important role in this aspect was played by the personality of the creator of the project. His many years of experience and authority have enabled him to trade tokens on the best crypto exchanges. EOS attracts the attention of large investors as well.

At the same time, the technological aspect of the platform cannot be disregarded. In particular, since the launch of the platform, it has proven its stability in operation and a high degree of security. Of course, the platform does not work without flaws, but they are not so critical and in no way reduce the level of popularity.

Based on this, we can safely say that the capitalization of EOS will continue to grow in a global perspective.

Is EOS endless?

The EOS cryptocurrency is the "business" mechanism of the network. On the basis of the site itself, a decentralized consensus type algorithm is used. It meets the performance requirements of blockchain technology through the implementation of DPoS. Due to this algorithm, owners of digital coins can choose block creators using a continuous verification system. In fact, the tokens themselves act as units of account for carrying out payment transactions. This is tantamount to the ownership of shares or bonds of a particular company.

On the basis of the platform, each coin owner can become a participant in the process of creating new blocks. In addition, everyone can create blocks in an amount proportional to the total number of producers. In this way, the performance requirements of users for decentralized blockchain applications are met. Platform block chains are created every 3 seconds. They are produced in rounds with 21 unique block producers. In the course of each round, the 20 best participants are selected, and the last (21st) is determined based on the calculation of the proportional number of votes. The shuffling of selected manufacturers is random and ensures a balanced relationship with other manufacturers.

This building system is also called "stacking". Due to it, you can carry out various currency transactions within the platform without any commission fees, which cannot be said about other popular cryptocurrencies on the market. In most cases, all transactions are subject to additional fees.

Staking is required to reserve EOS electronic coins available on the balance of specific users for a certain period of time. In return, they are provided with resources such as:

NO - network traffic that is consumed in the blockchain network while the user performs certain operations, so the number of coins reserved for the network share will depend on the size of NO;
computing power, which depends on the speed of operations;
RAM.

The first two resources from the above list are allocated in direct proportion to the number of tokens that the user will deposit for the developed 3-day contract, operating on the basis of staking. The user will not lose their coins in the smart contract, but after 3 days, the contract value and the reserved capacities will return to their original position. After that, it will be possible to use digital assets to implement other contracts.

It is currently impossible to mine EOS cryptocurrency, but you can buy EOS on various cryptocurrency exchanges. At the same time, coin holders themselves have a number of advantages, thanks to which they can:

pay for the services of conducting transactions within the system;
open access to blockchain storages;
influence the system management process;
receive dividends;
distribute cryptocurrency within the system;
use applications developed within the system.

EOS strengths

Users do not need to pay additional fees to carry out transactions within the network. All transactions are free of charge. EOS transaction time takes record seconds, and their number can reach 1000. If we compare these indicators with the same Ethereum (the main competitor of EOS), then here you can perform no more than 20 operations in 1 second. Due to the fact that transactions are carried out free of charge, in return the system requires part of the system resources, which will later be used to process outgoing transactions.

The responsibility for confirming transactions is not assigned to every miner, but to the main owners of assets within a certain block. This fact once again proves the effectiveness and uniqueness of the DPoS protocol.

EOS in TOP currencies

The economic outlook for EOS is uncertain so far. Development can follow a positive scenario and make the project successful and vice versa - lead to its complete collapse. Positive development factors include:

the use of promising program code and system architecture;
swift and positive start at the same time;
the credibility of developers and their experience;
uninterrupted operation of the system due to the use of stacking;
renewability of 2 out of 3 active resources;
growing interest from potential investors.
Additionally, it is worth noting the high level of capitalization of EOS, and this despite the fact that it appeared on the market relatively recently. As of December 2019, it is $ 2,540,243,422, the token itself does not fall below the 7th mark in the rating. The high degree of protection of the ecosystem from attacks by hackers played an important role. Therefore, the token is still viable.

A pessimistic view of the development of cryptocurrency is created due to distrust of its founder. He rejected most of the lucrative projects during their beta testing. Therefore, relying on Larimers past, many skeptics argue that a similar fate awaits the EOS.

Despite this, the EOS token was included in the list of the most promising cryptocurrencies in 2019, EOS can be bought at a bargain price on almost all cryptocurrency exchanges.

In fact, the further fate and activities of the project depend on cooperation in tandem between the holders of crypto coins and the developers themselves. The token is not a fully decentralized system because half of the total turnover is controlled by a small group of users. In this regard, they have tremendous opportunities to influence the price of assets. Despite the fact that the EOS token is stable, and the value of EOS depends on the market rate of bitcoin, there is still a high probability of a "51% hacker attack".

Cryptocurrency in this case acts as the main "digital fuel" of the entire system, which means that its development depends on the productivity and growth of the project. At the moment, even the developers themselves cannot give an accurate forecast as to what will happen to EOS.