Compare The Best Cryptocurrency Exchanges (2020

PIVX - Private Instant Verified Transaction

PIVX: Private – Instant – Verified – Transaction(Tx), a pioneer in Proof of Stake (PoS) technology, is an MIT licensed, open source, decentralized blockchain-based cryptocurrency focused on achieving fungibility, transaction privacy, community governance, network scalability, and real-world utilization to become one of the most technically advanced globally-accepted online digital currency. As announced in 02/2020, New Privacy Protocol is in development.
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Crypto Exchange Fee Comparison

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Crypto Exchange Fee Comparison
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Crypto Exchange Fee Comparison

Crypto Exchange Fee Comparison

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Crypto Exchange Fee Comparison

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Crypto-Exchange Fee Comparison

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Crypto Exchanges Comparisons For Fee - Present

KuCoin Exchange Fee Shows The Most Reasonable And Lowest Fee In Compare To Others.
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Comparison of BTC withdrawal fees for the top crypto exchanges

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Comparison of BTC withdrawal fees for the top crypto exchanges

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Comparison of ETH withdrawal fees for the main crypto exchanges

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Comparison of EOS withdrawal fees of the top crypto exchanges

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Comparison of BTC withdrawal fees for the top crypto exchanges

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Best exchange platform to buy BTC

Hi all, I am wondering what is the best platform to buy BTC from , I am currently using Binance , is there any better platform ?
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Coinbase: Why do I have to wait 6 days before I can use my bitcoin?

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Chainlink analysis - my thoughts and research

Necessary Disclaimer: no rule breaking intended. No price manipulation intended. I only want to share verifiable facts/links and my analysis. If I am doing anything against the rules please let me know and I will do my best to fix it ASAP. I trade crypto, including LINK, and I am currently short on LINK. This is not financial advice; this is just for my own record and to start a discussion for anyone who might want more transparency around LINK.

TL;DR:

I believe there is a lot of misinformation, uncertainty, and unanswered questions about the LINK token, the Chainlink ecosystem, the SmartContract parent company. I also believe that LINK's current price is unjustified based on fundamental factors like usage/business case/current customers/future potential. So I'm raising some points and asking some questions.
What is this post? Why should I care? How do I use it?
Read or skim it. It's about the LINK token, the Chainlink ecosystem, and the parent company SmartContract. It's about why I believe the price of the LINK token may be currently driven mostly by hype and not backed by standard market fundamentals like usage/economics.
Update 9 AUG: reorganizing, rewriting this post and moving supporting data/sources into "appendix" comments below on this post. The previous versions of this post and my comments elsewhere were too emotionally charged and caused more division rather than honest, evidence-based, productive discussion and I sincerely apologize for that. I have now rewritten it and will continue to update it.

PARTNERSHIPS

Who has Chainlink partnered with? Who is using Chainlink's technology and network? Who is contributing to developing Chainlink?
Google - this is the pinned tweet on Chainlink's official page. Nothing there about Google using Chainlink services or co-developing with them. Just that blockchains/oracles CAN use google cloud services (APIs?). This is Google Cloud's June 13, 2019 blog post: https://cloud.google.com/blog/products/data-analytics/building-hybrid-blockchain-cloud-applications-with-ethereum-and-google-cloud
Oracle - (TODO. This seems to have potential as some product manager at Oracle has posted that chainlink integration is coming Q3/Q4 of 2020)
SWIFT - the best they've got is a 30 second video with NOBODY from SWIFT present, with a *hypothetical* use case using SWIFT API.
Intel This is the only google result for "chainlink site:intel.com", and it casually mentions that Intel's TEE (trusted execution environment) technology can be used to improve the security of oracles/blockchains. Nothing about Intel themselves using or developing with Chainlink. https://software.intel.com/content/www/us/en/develop/articles/new-confidential-computing-solutions-emerge-on-the-hyperledger-avalon-trusted-compute.html
Another 240+ claimed project integrations:
[TODO] There are so many to keep track of. Every week or even more frequent is yet another integration *announcement*
Current DeFi usage: we've heard that Chainlink "secures" $1 billion in DeFi. But that's not in value locked: https://defipulse.com/ (LINK doesn't even appear on that list). That's just with DeFi data supposedly being priced using Chainlink nodes.
EG Synthetix:
https://blog.synthetix.io/chainlink-decentralizes-first-wave-of-synthetix-price-feeds/ yet where does Synthetix actually PAY to use an oracle? Not visible on-chain, maybe someone will find it.
https://defipulse.com/blog/3-defi-dapps-starting-2020-off-strong/ "... Chainlink's following includes partnerships big and small, including Intel and Google Cloud services" example of misleading/exaggerated partnership claims being circulated.

Chainlink's ROADMAP

Threshold signatures, staking, on-chain SLAs:
How real are these, is there a roadmap, how will this benefit users, is there any evidence of users currently *wanting* to use chainlink but needing these features and actively waiting for Chainlink to launch these?
Staking: for there to be a valid incentive for users to stake LINK, it has to return around 5% annually because anything substantially under that would have users putting their money elsewhere (https://www.stakingrewards.com/cryptoassets) (not counting speculative capital gains in terms of LINK's price, but price gain per token/coin applies to all other crypto projects as well).
Currently, for stakable cryptos, around 30-80% of their total supply is staked, and a good adjusted reward is on the order of 5% as well (some actually negative, some 10%+). The promise of staking incentivises people to buy and hold more LINK tokens (again, many other crypto projects have staking already live). That 5% reward will ultimately have to come from the customers who pay Chainlink oracle nodes to use their services, so it's an extra 5% fee for them. Of course, in the near future, the staking rewards *could* be subsidized by the founders' reserve wallets.
Threshold signatures: addressed below in a comment.
On-chain SLAs: [TODO]
Here's supposedly Chainlink's agile/project planning board. (TODO: verify that it is indeed Chainlink's, and then analyse it)
https://www.pivotaltracker.com/n/projects/2129823

LINK wallet addresses

As LINK is an ERC20 token on the Ethereum blockchain, all its movements are visible, all the way from the genesis creation of 1,000,000,000 LINK tokens through to aggregator nodes through to cashing out on exchanges. Below are some examples and some reasons why this may be concerning to investors/holders of LINK.
This is one LINK address whale with over 6 million LINK. Looks like some of the funds end up on a Turkish exchange Paribu. https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xc6bed363b30df7f35b601a5547fe56cd31ec63da This wallet has moved out >200,000 LINK in the last 24 hours. Don't know where, go trace it.
Typical data provider example. Lots of named Chainlink oracle nodes pay this address: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x72f3dff4cd17816604dd2df6c2741e739484ca62 Usually 0.16 LINK to this address every few minutes, sometimes 2 LINK. This data provider has sent out ~11,620 LINK out to the following wallet: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xa5d0084a766203b463b3164dfc49d91509c12dab That wallet has cashed out 9,560 LINK to 1inch.exchange (a DEX) over the past year. Has also transferred 6000 LINK to a currently loaded wallet (possibly exchange account ready to sell?): https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x088d50c0bb5381a1205d1182cc21496c6fdc4c62 Another destination accumulation wallet (~493,000 LINK with no out transfers yet) https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x7758e507850da48cd47df1fb5f875c23e3340c50 (unrelated but a sell order of this size would drop LINK's price by 10-30% on Binance, someone check my maths on this) Now tracing back who funds the 0x72f3... data provider, we see a number of named Chainlink Aggregator nodes. Picking one at random, say the TUSD/ETH one: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x73ead35fd6a572ef763b13be65a9db96f7643577 It was last funded March 12 2020 with 5000 LINK. Tracing back the funds we ultimately come to the genesis wallet of the Chainlink network itself, the original source of the 1,000,000,000 LINK tokens in existence. (side note: some interesting-looking transactions there) This is the first child of the genesis wallet that received 100,000,000 from the genesis wallet. https://etherscan.io/tokentxns?a=0xf37c348b7d19b17b29cd5cfa64cfa48e2d6eb8db Last time this wallet transferred out was YESTERDAY for 500,000 LINK. Now this doesn't prove anything, DYOR, but to me it looks like the genesis wallets are slowly cashing out through the aggregator nodes, making it look like the oracle node network is being actively used (which it is, but it's not the end customers like AAVE/NEXO paying the LINK required to power oracles, it's SmartContract itself). I know that this is just ONE aggregator node, but I've seen the same behaviour from their other named nodes - go check for yourselves.
If you trace chainlink oracle funds to their source, you can find some of the original addresses. Some of these early on (around 1000 days ago) were linked to AfroDex labs, which looks like now doesn’t work. http://afrodex.net/#!/trade/AfroX-ETH
Who currently pays Chainlink nodes?
How much of the revenue that Chainlink nodes receive is from potentially third party customers vs internal funding by the Chainlink team wallets?
For example, this is the "Chainlink: LINK / USD Aggregator" wallet.
It has had a total 8,200 LINK deposited from 5 transactions in round amounts (on any of the below links, click the "Analytics" tab to see In/Out balance history), and has so far paid out ~5,156 LINK.
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x32dbd3214ac75223e27e575c53944307914f7a90
It typically pays ~10 wallets 0.16 Link each, a few times an hour, like so:
https://etherscan.io/tx/0x02c595981b935a57cfbe6170656181faac9a16d7a33a123930a716c4abec615a ($45 in ETH fees to transfer $22 worth of LINK, sounds like a lot of overheads)
Where does this aggregator wallet get its LINK funding from?
From ONLY here: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x27158157136384c713bc09a0a7ae81c8391d7f11 (current net balance ~50,000 LINK, total ~5,000,000 million in and out)
Which in turn gets it from ONLY these three, in HUGE amounts:
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xf37c348b7d19b17b29cd5cfa64cfa48e2d6eb8db (6,000,000 LINK)
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xaf40738c6f940519516e043f924b8d05fc0292b8 (just a jump address into the one above, only 3 total tx)
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x1f9e26f1c050b5c018ab0e66fcae8e4394eb0165 (147,000 LINK)
the 0x1f9e2... one got its funding from:
  1. 6098.8 LINK from Binance about a year ago: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x161cdd891e04a77e0458a3ef65c563c4d2064cd6
  2. 12,600,000 from the genesis wallet through one jump address https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xdad22a85ef8310ef582b70e4051e543f3153e11f
  3. 13,000,000 from the 0xf37... wallet above
the 0xf37... in turn got its 50,000,000 (!) LINK from the genesis address which minted the original 1 billion tokens:
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xf55037738604fddfc4043d12f25124e94d7d1780
So the 0x27158... wallet is basically a genesis wallet.
Now let's do the most popular feed on feeds.chain.link, the ETH/USD feed: https://feeds.chain.link/eth-usd, with a wallet address of: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xF79D6aFBb6dA890132F9D7c355e3015f15F3406F#tokenAnalytics
It was first funded in Jan 2020 and has been funded a total of 9 times for a total influx of 108,437.533 LINK, by:
  1. "Chainlink: Deployer" 10 LINK: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x6f61507f902e1c22bcd7aa2c0452cd2212009b61
  2. The 0x27158... genesis-sourced wallet, 20,000 LINK
  3. An intermediary/middle very active wallet (which is 99.998% funded by the 0x27158... genesis-sourced wallet), 52,000 LINK https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x2f0acb9c5dd2a3511bc1d9d67258e5c9434ba569
  4. "Chainlink: Aggregator", 36,427.533 LINK, https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x79febf6b9f76853edbcbc913e6aae8232cfb9de9#tokenAnalytics
I manually traced EVERY single inbound transaction/source of funds for the above 4 (not counting #1 as 10 LINK is negligible). 2 & 3 are 99.99%+ genesis-funded, being ACTIVELY topped up by a genesis wallet, last tx 4 days ago, 500,000 LINK. #4 has been funded 36 times over the past year and a half (that's 36 manual exports and I did them all). They all come from the 0x27158..., 0x2f0acb..., and https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x1f9e26f1c050b5c018ab0e66fcae8e4394eb0165 (another address like the 0x2f0acb that I went through and checked EVERY SINGLE inbound source of funds, and it's also >99.9% genesis-funded - one tx from Binance for 6098 LINK out of a total ~6,560,000 inbound LINK from genesis wallets), and two other addresses linked to Binance (0x1b185c8611d157a67d9a9d5261b0d2bd52c0bb78, 10,000 LINK and 0x039ac18afe298747c51c85e7c8f0d67c327f3883, 1,000,000 LINK)
The 0x039ac... address funded the "Chainlink: Aggregator" address with 127,900 LINK, and the 0x1b185... with about ~9,600 LINK). So yes, it's technically possible that someone not related to Chainlink paid for the ETH / USD price feed because some funds do come from Binance. However, they only come from two distinct addresses. Surely for "240+" claimed partnerships, more than TWO would pay to use Chainlink's MOST POPULAR price feed? That is, unless they don't pay directly but to another address and then Chainlink covers this one from their own wallets. I will check if that's in line with Chainlink's whitepaper, but doesn't that throw doubt on the whole model of end-users paying to use oracles/aggregators, even if it's subsidized?
I provide you this much detail not to bore you but to show you that I went through BY HAND and checked every single source (detailed sources in Appendix B) of funds for the OFFICIAL, Chainlink-listed "ETH/USD" aggregator that's supposedly sponsored by 10 DeFi partners (Synthetix, LoopSpring, OpenLaw, 1inch, ParaSwap, MCDEX, FuturesSwap, DMM, Aave, The Force Protocol). Yet where are the transactions showing that those 10 partners have EVER paid for this ETH/USD oracle? Perhaps the data is there so what am I missing? This ETH/USD aggregator has transferred out ~76,000 LINK to I guess the data providers in increments of .33 LINK. It has 21 data providers responding. I will begin investigating the data providers themselves soon.
And those middle addresses like 0x1f9e26... and 0x2f0acb...? They have transferred out hundreds of thousands if not millions of LINK to exchanges. And that's just ONE price pair aggregator. Chainlink has around 40 of these (albeit this one's one of the more popular ones).

SNX / ETH aggregator is funded 100% by genesis-sourced wallets, only 3 inbound transactions:
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xe23d1142de4e83c08bb048bcab54d50907390828

Some random examples (for later, ignore these for now) ***********
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x039ac18afe298747c51c85e7c8f0d67c327f3883 bought 1,000,000 LINK from Binance in Sept 12 & 15, 2019. (one of the possible funding sources for the ETH / USD aggregator example above)
This address got 500,000 LINK from 0x27158... and has distributed them into ~5-10,000 LINK wallets that haven't had any out transactions yet
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x5bcf3edc0bb7119e35f322ba40793b99d4620f1e
**************
Another example with an unnamed aggregator-node-like wallet that was only spun up 5 days ago, Aug 5:
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x2cbfd29947f774b8cf338f776915e6fee052f236
It was funded 2,000 LINK SOLELY by the 0x27158... wallet and has so far paid out ~500 LINK in 0.43 LINK amounts to 9 wallets at a time. For example, this is one of the wallets it cashes out to:
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x64fe692be4b42f4ac9d4617ab824e088350c11c2#tokenAnalytics
That wallet extremely consistently collects small amounts of LINK since Oct 2019. It must be a data provider because a lot of Chainlink named wallets pay it small amounts of LINK regularly. It has transferred out 20 times. The most recent transfer out:
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xc8c30fa803833dd1fd6dbcdd91ed0b301eff87cf which then immediately transferred to the named "1inch.exchange" wallet, so I assume this was a "cash-out" transaction. It has cashed out via this address a lot.
Granted, it also has transfer-out transactions that haven't (yet) ended up in an exchange wallet, eg https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x88e5353a73f38f25a9611e6083de6f361f9b537b with a current balance of 3000 LINK. This could be a user's exchange wallet, ready to be sold, or could be something else. No way for me to tell as there are no out txs from it.

LINK overall transaction, volume, and tx fees

This is to understand how much $ moves through the LINK ecosystem through: nodes, data providers, reserve wallets, wallets linked to exchanges, others.
A typical aggregator node tx (payout?): https://etherscan.io/tx/0xef9e8e6dd94ebe9bbac8866f18c2ea0a07408ced1aa77fa04826043eaa55e772 This is their ETH/USD aggregator paying out 1 LINK to each of 21 addresses. Value of 21 LINK ~= $210. Total eth tx fees: .233 ETH (~$88.5, ~42% of the total tx value. If LINK was $4.2 instead of $10, the tx fees would be 100% of the value of the tx). Transactions like this happen every few minutes, and the payout amounts are most often 0.16, 0.66, 1.0, and 2.0 Link.
Chainlink’s node/job listing site, https://market.link, lists 86 nodes, 195 feeds, 801 jobs, ~1,080,000 job runs (I can’t tell if this is over the past 2 months or 1.5 years). Only 20 nodes have over 1000 job runs, and 62 nodes have ZERO runs. Usual job cost is listed as 0.1 link, but the overall payout to the nodes is 10-20 times this. The nodes then cash out usually through a few jump addresses to exchanges. Some quick maths: (being generous and assuming it’s 1mil jobs every 2 months = ~6mil link/year = $60,000,000 revenue a year. This is the most generous estimate towards link’s valuation I’ve found so far. If we ignore the below examples where on multi-node payouts the tx fees are more than the node revenue itself, then it’s almost in line with an over-valued (but real) big tech company.
For example, one of the latest CHF/USD job runs paid 0.1 LINK to 9 addresses (data providers?) - total $14.4 payout - and paid 0.065 ETH ($24.5) in fees. That’s a $10.1 LOSS on a $14.4 revenue: https://etherscan.io/tx/0xa6351bab810b6864bfebb0f6e1e3bde3c8856f8aac3ba769dd2e6d1a39c0d23f
Linkpool’s (one of the biggest node operators) “ETH-USD CryptoCompare” job costs 0.1 link and has 33 runs in the past 24 hours (once every ~44min), total ~78,000 runs since May 30 2019 (once every ~8min). https://market.link/jobs/64bb0845-c4e1-4681-8853-0b5aa7366101/runs (PS cryptocompare has a free API that does this. Not sure why it costs $1 at current link prices to access an API once)

Token distribution:

Top 100 wallets (0.05% of ~186,000 total) hold 83% of tokens. 8 wallets each hold over 1% of total, 58 hold over 0.1%. Of these 58, 9 are named exchange/lending pool wallets.
For comparison, for Tether (TUSD), the top 100 wallets (0.006% of ~1,651,000 total) hold 35.9% of the supply. 3 addresses hold over 1% of the supply and 135 hold over 0.1%. Of these 135, at least 15 are named exchange/lending pool wallets.
LINK’s market cap is $3.5B (or $10B fully diluted, if we count the foundedev-controlled tokens, which we should as there's nothing preventing them from being moved at a moment's notice). Tether’s is $6.9B. Tether has 10 times more addresses and less distribution inequality. Both LINK and Tether are ERC20 tokens, and even if we temporarily ignore any arguments related to management/roadmap/teams etc, Tether has a clear, currently functional, single use case: keep 1 USDT = $1 USD by printing/burning USDT (and yet as of April 2019, only 74% of Tether's market cap is backed by real funds - https://en.wikipedia.org/wiki/Tether_(cryptocurrency))). Given that Chainlink's market cap is now 50% bigger than Tether's, surely by now there's AT LEAST one clear, currently functional use case for LINK? What is it? Can we *see* it happening on-chain?

Chainlink’s actual deliverable products

"What do I currently get for my money if I buy LINK 1) as an investor and 2) as a tech business/startup thinking of using oracles?”
Codebase (Chainlink’s github has around 140-200,000 lines of code (not counting html/css). What else is not counted in this? Town crier? Proprietary code that we don't know about yet? How much CODING has Chainlink done other than what's on github?
Current network of oracles - only ~20 active nodes - are there many more than the ones listed on market.link and reputation.link? If so, would be nice to know about these if we're allowed!
Documentation - they have what seems like detailed instructions on how to launch and use oracle nodes (and much more, I haven't investigated yet) (TODO this part more - what else do they offer to me as an end consumer, and eg as a tech startup needing oracle services that I can’t code myself?)

Network utilization statistics:

Etherscan.io allows csv export of the first 5000 txs from each day. From Jul 31 to Aug 6 2020, I thus downloaded 30,000 tx from midnight every day to an average of 7:10am (so 24 hour totals are 3.34x these numbers if we assume the same network utilization throughout the day).
(Summary of all LINK token activity on the ETH blockchain from 31.07 to 06.08, first 5000 txs of each day (30k total) shown Appendix A comment below this post.)
If we GENEROUSLY assume that EVERY SINGLE transaction under 10.0 LINK is ACTUAL chainlink nodes doing ACTUAL work, that’s still under 0.1% of the LINK network’s total volume being used for ACTUAL ecosystem functioning. The rest is speculation, trading, node funding by foundedev wallets, or dumping to exchanges (anything I missed?)
Assuming the above, the entire turnover of the actual LINK network is currently (18,422 LINK) * ($10/LINK) * (3.34 as etherscan.io’s data only gives first 5000 tx per day which averages to 7:10am) * (52 wk/year) = USD $31,995,329 turnover a year.
Note: the below paragraph is old analysis using traditional stock market Price/Earnings ratios which several users have now pointed out isn't really applicable in crypto. I leave it for the record. Assuming all of that is profit (which it’s not given tx fees at the very least), LINK would need a PE ratio (Price/Earnings) of 100 times to justify its current (undiluted) valuation of $3.5 billion of 300 if you count the other 65% of tokens that haven’t been dumped by the founders/devs yet. For comparison, common PE ratios are 32 (facebook), 29 (google), 37 (uber), 20 (twitter on a good year), 10 (good hedge fund returning 10% annual).

Thoughts on DeFi & yield-farming - [TODO]

Why would exchanges who do their due diligence list LINK, let alone at a leverage? 1) that's their business, they take a cut of every transaction, overhyped or not, 2) they're not safe from listing openly bearish tokens like EIDOS (troll token that incentivized users to make FAKE transactions, response to EOS) https://www.coindesk.com/defi-yield-farming-comp-token-explained
The current ANNUAL yield on liquidity/yield farming is something like 2% on STABLE tokens like USDC and TETHER which at least have most of their supply backed by real-world assets. If Chainlink LINK staking is to be successful, they'll have to achieve at LEAST that same 2% at end-state. IF LINK is in bubble territory and drops, that's a lot of years at 2% waiting to recoup losses.

SmartContract Team & Past Projects

Normally I don't like focussing on people because it leads too easily to ad-hominem attacks on personality rather than on technology/numbers as I've done above, but I came across this and didn't like what I saw.
Steve Ellis, SmartContract's current CTO, co-founded and worked in "Secure Asset Exchange" from 2014 to 2016. They developed the NXT blockchain, issued 1,000,000,000 NXT tokens (remind you of anything?), NXT was listed end of 2013 and saw 3 quick 500%-1000% pumps and subsequent dumps in early in mid 2014, and then declined to . SecureAE officially shut down in Jan 2016. Then at some point a company called Jelurida acquired the rights to NXT (presumably after SecureAE?), then during the 2017 altcoin craze NXT pumped 300 times to a market cap of $1.8 BILLION and then dumped back down 100 times and now it's a dead project with a market cap of $13 million.
https://www.linkedin.com/in/steveellis0606/
https://trade.secureae.com/
https://coinmarketcap.com/currencies/nxt/
https://www.jelurida.com/news/lawsuit-against-apollo-license-violations
As an investor or business owner, would you invest/hire a company whose co-founders/CTO's last project was a total flop with a price history chart that's textbook pump-and-dump behaviour? (and in this case, we KNOW the end result - 99% losses for investors) If you're Google/Oracle/SWIFT/Intel, would you partner with them?

Open questions for the Chainlink community and investors:

  1. Network activity: Are there any other currently active chainlink nodes other than those listed on market.link and reputation.link? If so, is there a list of them with usage statistics? Do they use some other token than LINK and thus making simple analytics of the LINK ERC20 token not an accurate representation of Chainlink’s actual activity? If the nodes listed on the two sites above ARE currently the main nodes, then
  2. PR, partnership announcements: Why is the google tweet still pinned to the top of Chainlink’s twitter? Due to the frequently circulated Chainlink promotion material (https://chainlinkecosystem.com/) that lists Google as one of the key partners, this tweet being pinned is potentially misleading as there isn't anything in there to merit calling Google a "collaborator" or "partner" - just that blockchains/oracles *can* use Google's APIs (but so can most software in the world). Is there something else going on with the SmartContract-Google relationship that warrants calling Google a partner that we're simply not aware of yet?
  3. By buying LINK, what backs YOUR money: If you have bought and currently hold LINK tokens, how comfortable are you that the future promise of your investment growing is supported on verifiable business and technological grounds versus pure, parabolic hype? If after reading this post you still are, I kindly ask you to reply and show how even one of the points I provided is either incorrect or not applicable, and I will edit my post and include your feedback in the relevant section as I have already done from other users.
  4. What have I missed? Of course not 100% of what I've said is infallible truth. I am a real human, and I have plenty of biases and blind spots. Even if what I've provided is technically correct, there may be other much more important info that I've missed that eclipses what I've provided here. Ask yourself: if the current hype around LINK is indeed valid and points to a $100/$1000 future LINK price, then Where’s Chainlink’s missing financial/performance/usage evidence to justify LINK’s current valuation of $10+?

Conclusion

For your consideration, I have provided evidence with links that you can follow and verify, and draw your own conclusions. I have made my case as to why I believe the LINK token is currently priced much higher than evidence supports, and I ask you to peer-review my analysis and share your thoughts with me and with the wider LINK/crypto community.
Thank you for your time, I realize this is a long post. All questions and feedback welcome, feel free to comment or PM. I won't delete/censoblock (except for personal threats, safety considerations etc). I am a real human but I am not revealing my true identity for obvious privacy/harassment reasons.
(If anyone is wondering about my credentials ability to add 2+2 and work with basic spreadsheets: I have previously won a math competition in a USA state, I won an English-speaking country's physics olympiad, my university education is in mathematical physics/optimization engineering, and I worked for a few years in a global manufacturing company doing data analytics, obviously I'm not posting my CV here to verify that but I promise you it's the truth)
I’m not looking to spread neither FUD, nor blind faith, nor pure hype, and I want an honest transparent objective discussion. I personally believe more that LINK is overvalued, but my beliefs have evolved and may continue to do so as I research more and understand more about Chainlink, LINK, Ethereum, DeFi, and other related topics, and as I incorporate YOUR feedback. If you think I haven't disclosed something, ask.
As always, this is not financial advice and I am not liable for anything that may happen as a result of you reading this!
submitted by Stratocatter to CryptoCurrency [link] [comments]

The Great Reddit Scaling Bake-Off

The Great Reddit Scaling Bake-Off
Update (8/3): Thanks to all the teams who submitted a proposal. We appreciate the work you put in, and we have begun reviewing the submissions. If we have follow-up questions, we will post them as comments on the submission posts. Thank you.
***
Submissions will be organized in a collection alongside this post. We welcome the community to leave questions and comments on the proposals.
To submit your proposal: Please make a separate post in Ethereum with your submission. Then either tag u/jarins and u/EvanVanNess in a comment (not in the post body), or send us a PM with the link to your post. Once we are notified, we will get it added to the collection. (If your post gets removed by moderator bots, do not resubmit. We will approve it when adding to the collection)
While we prefer proposals to be public, if there is information you need to share privately, please send it to [jarins@reddit.com](mailto:jarins@reddit.com).
***
tl;dr: Do you believe your Ethereum scaling technology can handle Reddit's scale? It's time to let the Ethereum community hear about it. Send your demo by July 31, 2020.
This is your chance to earn some fame but, to be clear, there is no prize if your solution is chosen or modified to meet Reddit’s needs. Our lawyer made us write this.
https://preview.redd.it/q7hhi6lzlp551.png?width=1200&format=png&auto=webp&s=cdb26cbbe59e26f4fc73da5740da1308e2a87579

The Goal

In conjunction with the Ethereum Foundation, Reddit is inviting Ethereum scaling projects to show the community how your scaling solution can be used to bring Community Points to mainnet. Our goal is to find a solution that will support hundreds of thousands of Community Points users on mainnet today, and can eventually scale to all of Reddit (430 million monthly users).
We’ve evaluated some of the most promising scaling solutions, and have learned a few things:
  1. There are plenty of awesome projects that we don't know about yet. We seem to learn about a promising new scaling solution every day.
  2. Most existing scaling solutions focus on the exchange use case, which favors optimizing for transfers. Many of these designs don't take into consideration the costs of obtaining tokens or entering the scaling system, which can be significant. Community Points distributions have cost an order of magnitude more gas than all other operations combined, primarily due to on-chain storage costs associated with onboarding new users.
  3. It's unclear how to determine the best solution. There is a lot of code, a lot of documentation, and a lot of hype out there. But there are very few objective real-world reviews or comparisons of various products/implementations.
  4. We need the Ethereum community's help to figure this out.
Do you have a scaling project that meets the criteria below? If so, share your demo by July 31, 2020. Please note that all demos need to simulate Community Points usage for 100,000 users.
We also invite all scaling experts in the Ethereum community to comment on any demos submitted to enable a better understanding of the trade-offs and compromises between different solutions.
We will review the demos and plan to share any updates by September. While we don’t expect any novel scaling projects, we hope that you, the Ethereum scaling expert, can show us how to scale Community Points.
Demos should include:
  1. A live proof of concept showing hundreds of thousands of transactions
  2. Source code (for on & off-chain components as well tooling used for the PoC). The source code does not have to be shared publicly, but if Reddit decides to use a particular solution it will need to be shared with Reddit at some point
  3. Documentation
    1. How it works & scales
    2. Cost estimates (on-chain and off-chain)
    3. How to run it
    4. Architecture
    5. APIs (on chain & off)
    6. Known issues or tradeoffs
  4. Summary of cost & resource information for both on-chain & off-chain components used in the PoC, as well as cost & resource estimates for further scaling. If your PoC is not on mainnet, make note of any mainnet caveats (such as congestion issues).

Requirements

Scaling. This PoC should scale to the numbers below with minimal costs (both on & off-chain). There should also be a clear path to supporting hundreds of millions of users.
  • Over a 5 day period, your scaling PoC should be able to handle:
    • 100,000 point claims (minting & distributing points)
    • 25,000 subscriptions
    • 75,000 one-off points burning
    • 100,000 transfers
Decentralization. Solutions should not depend on any single third-party provider.
  • We prefer solutions that do not depend on specific entities such as Reddit or another provider, and solutions with no single point of control or failure in off-chain components, but recognize there are numerous trade-offs to consider
Usability. Scaling solutions should have a simple end user experience.
  • Users shouldn't have to maintain any extra state/proofs, regularly monitor activity, keep track of extra keys, or sign anything other than their normal transactions
  • Transactions complete in a reasonable amount of time (seconds or minutes, not hours or days)
  • Free to use for end users (no gas fees, or fixed/minimal fees that Reddit can pay on their behalf)
  • Bonus points:
    • Users should be able to view their balances & transactions via a blockchain explorer-style interface
    • Exiting is fast & simple
Interoperability. Compatibility with third party apps (wallets/contracts/etc) is necessary.
  • Scaling solutions should be extensible and allow third parties to build on top of it
  • APIs should be well documented and stable
  • Documentation should be clear and complete
  • Third-party permissionless integrations should be possible & straightforward
  • Simple is better. Learning an uncommon or proprietary language should not be necessary. Advanced knowledge of mathematics, cryptography, or L2 scaling should not be required. Compatibility with common utilities & toolchains is expected.
  • Bonus Points: Show us how it works. Do you have an idea for a cool new use case for Community Points? Build it!
Security. Users have full ownership & control of their points.
  • Balances and transactions cannot be forged, manipulated, or blocked by Reddit or anyone else
  • Users should own their points and be able to get on-chain ERC20 tokens without permission from anyone else
  • Points should be recoverable to on-chain ERC20 tokens even if all third-parties involved go offline
  • A public, third-party review attesting to the soundness of the design should be available
  • Bonus points:
    • Public, third-party implementation review available or in progress
    • Compatibility with HSMs & hardware wallets
Other Considerations
  • Minting/distributing tokens is not performed by Reddit directly [1]
  • One off point burning, as well as recurring, non-interactive point burning (for subreddit memberships [2]) should be possible and scalable
  • Fully open-source solutions are strongly preferred
[1] In the current implementation, Reddit provides signed data for claims, but does not submit the actual claim transaction for the user (the user does that themselves). Note that smart contracts are considered independent of Reddit provided there is a path to decentralizing control over them.
[2] Subreddit memberships are currently implemented as a contract acting as an ERC777-style operator that can burn points on a monthly basis, but we are open to changing that implementation.

Community Points Overview

To help you get started, this is an overview of how Community Points work today and some stats on how it's used. We are open to changing most implementation details, provided the basic requirements (above) are met.

Usage stats over the past month

Number of Community Points holders: ~17,500
Number of transfers: ~20,000
(reference: reddit.dappradar.com)
Number of subreddit memberships: ~800

Contracts

Community Points is built around 3 contracts:
  1. SubredditPoints: the ERC20 token
  2. Distributions: manages token supply & token claims
  3. Subscriptions: enables membership subscriptions in the form of recurring token burn

Deployed Contracts & Source Code

FortniteBR
SubredditPoints: https://rinkeby.etherscan.io/address/0xe0d8d7b8273de14e628d2f2a4a10f719f898450a
Subscriptions: https://rinkeby.etherscan.io/address/0x396b89db5e9317ff25360c86bd4e2aae3bbc62ea
Distributions: https://rinkeby.etherscan.io/address/0xc0c08af3f2a3f8d6730118e0d2de4367053ebddf
CryptoCurrency
SubredditPoints: https://rinkeby.etherscan.io/address/0xdf82c9014f127243ce1305dfe54151647d74b27a
Subscriptions: https://rinkeby.etherscan.io/address/0x77cb2dbeadb7313242d7f3070ce8fc98e96080e4
Distributions: https://rinkeby.etherscan.io/address/0x1c5122bfeba106eea33cf5bdf2004ab22213ca20
Implementation Contracts
From these proxy addresses, you can find the implementation contracts and source code using Etherscan's Proxy Contract Verification tool or Read Proxy Contract interface.

Points Distribution & Claims

Token supply is controlled by distribution rounds managed in the Distributions contract and triggered by Reddit. For each round (occurring ~monthly), Reddit submits a proposal for points distribution to a subreddit for approval. Once approved, Reddit issues signed claims for individual users according to the agreed upon points distribution. These claims can be redeemed on-chain. Claims are obtained from Reddit, and submitted to the Distributions contract, which validates the claim and calls the Subreddit Points contract to mint points.
https://preview.redd.it/lunpaj18mp551.png?width=1120&format=png&auto=webp&s=da31db1db07cfe4f327692a7398772019b8eb7bd

Memberships

Subreddit memberships are obtained by burning points via the Subscriptions contract. Redditors can optionally configure their membership to be renewable on a monthly basis without additional interaction. The Subscriptions contract is granted permission to burn points by being configured as an ERC777-style default operator in the Subreddit Points contract.
https://preview.redd.it/bqnvt50amp551.png?width=1120&format=png&auto=webp&s=812f46a0308aea370908eb73ca93abac810e58ba
***
We'll be watching this thread and answering questions. Looking forward to what comes out of this!
submitted by jarins to ethereum [link] [comments]

I Compared 6 Challenger Banks & Crypto Cards. Who Will Lead?

I Compared 6 Challenger Banks & Crypto Cards. Who Will Lead?
Hello, I’ve been doing a deep dive into my favourite challenger banks and crypto cards over the last few months and I’d like to share my thoughts and results so far. Firstly, I’ll disclose that I hold bags in CRO, PLU and TKN which are all the crypto-related tokens on the list, but I will try to remain as neutral as possible – please don’t hesitate to correct me in the comments if there’s anything missing/incorrect however I believe all the data is up to date.
Challenger Bank / Crypto Card Comparison
Edit: Have corrected the table based on some of the comments

Order of Favourites

  • Monzo
  • Plutus
  • Crypto.com
  • Starling Bank
  • Monolith
  • Revolut

First Picks

Monzo = 4.5/5
Despite not having any crypto integration is probably the most intuitive finance app out there and it is still my favourite app and card. They have massively progressed mobile banking as we know it by making huge improvements to features like spend breakdown/saving pots/etc. Unfortunately, there is no crypto integration and their backend technology is pretty basic but as far as finance apps go, they are definitely one of the best. Business model wise also, I am unsure how sustainable it is as there seems to be a lot on mainstream media discussing mounting losses and at the same time cutting things like their customer service team.
It would have been 5/5 for me if they had crypto integration.
Plutus = 4.5/5
On the flip side, Plutus is my favourite card on the crypto side and that is largely due to the non-custodial feature and their high cryptoback rewards. You can add your own wallet to the card and they use a DEX which is very rare and surprisingly user-friendly to action the conversions. They also offer some traditional fiat services (which is unusual for crypto companies) however these aren’t as strong as the traditional challenger banks on this list – although they have mentioned aims to rival the others. They also have one of the best rewards programmes (3% cryptoback). The downside is that they have announced to update their fees to 9.99 for premium account to unlock the rewards but you can easily make more than that back (anything you spend over ~£300 a month is profit).
It would have been 5/5 for me if Plutus had banking features such as direct debits to replace my high street bank and main card in my wallet. And if their rewards keep improving then £/€ 9.99 per month is worth it in comparison to others where the hidden charges and spreads on conversion make up for the low onboarding fee.

Second Picks

Crypto.com = 4/5
Crypto.com also has a good rewards programme and offer up to 5% cryptoback. However, they are locked behind crazy high staking requirements which makes them not as attractive as you would first think. There are also a few hidden fees (e.g. spreads) so from my personal experience it’s not quite as cheap as on first glance but it’s still not bad overall. They do, however, have an unbelievably strong referral programme which makes up for this and they do a tonne of promotional marketing offers which you can take advance. Again, I am not sure how sustainable that is. They have a good range of crypto-assets also and the conversion for card top-up is done pretty fast.
It’s nothing spectacular but decent, it used to be my go-to card for crypto but has moved down my list due to the lack of transparency and high staking. I think they’re good to have purely for the money you can make from promotional offers rather than the feature set.
Starling Bank = 4/5
Starling Bank is an all-round fairly solid product. They are a worthy finance app and from my experience is fairly responsive in terms of depositing/transactions/customer service/etc. I have a personal preference towards Monzo as they seem to have more innovative features and a more enjoyable user-experience / brand identity. However, in terms of back-end banking features, Starling Bank is superior. If you’re looking for something just to fulfil your standard banking features exceedingly well, this is the one.Similar to Monzo, they could move up the list if they improved their app’s UI and crypto integration.

Third Picks

Monolith = 3.5/5
The only other non-custodial crypto card besides Plutus (this is clearly a very important factor to me), however, they use a different implementation which isn’t quite as user-friendly. They provide the wallet and give you the private keys, but it requires quite heavy gas fees for them to execute transactions and I’m still not 100% sure if there’s a backdoor in or not. Still an impressive accomplishment and therefore a worthy honourable mention. The branding is also really cool, however, they have sacrificed usability for decentralisation.
Personally, Monolith is one of the main contenders for the top spot, they have cool branding and features that appeal to the current and the next generation of users, with improved UX and bank features they could do well.
Revolut = 3/5
I included this as it still remains a highly popular choice for many people but out of the fiat challenger banks it is definitely the weakest in my opinion, and that is largely because it’s not actually a bank. Somehow, the one area it does exceed in is interbank exchange rates, however, they are still a market leader in this area. Their attempt at integrating crypto is also fairly poor, it is completely centralised but at least with the other centralised cards like crypto.com, you can withdraw your funds.
I’ve also never been keen on their branding but that’s more of a subjective thing. Overall, I would say Revolut are one of the closest to integrating both crypto and traditional finance features but they have done so in a way that is the worst of both worlds.
Summary
As you can see none of the above made the top spot of 5/5 and a complete bank for the next generation of finance is still waiting to be captured. What I think is missing is an app with a complete set of legacy bank features with an intuitive UIX and complete crypto integration in a non-custodial way.
Anyway, I hope you enjoyed my rant, if you did, I would be happy to do a follow up once I’ve tried more crypto card / challenger bank options and add to my table/list. If you have any recommendations as to what I should try next, then let me know below. So long as none of them are crazy expensive I’ll give it a go.
I will leave the links to all the companies below so you can DYOR.
Monzo = https://monzo.com/
Plutus = https://plutus.it/
Crypto.com = https://crypto.com/en/index.html
Starling Bank = https://www.starlingbank.com/
Monolith = https://monolith.xyz/
Revolut = https://www.revolut.com/
submitted by Rathi04 to CryptoCurrency [link] [comments]

[Opinion] TOP 15 MICROCAP GEMS 2020

I've taken some free time to research some of the microcap tokens in CMC & Coingecko and came up with a small list of gems that should be on everyone's radar. I do hope everyone’s well & kicking during this Covid-19 crisis. It will pass like how we've conquered the previous pandemics. Meanwhile, do your part, & stay HOME!
I define microcap anything below 20 million market cap OR is at least 200+ in its market cap ranking and this article is solely picked out from the crypto twitter community.
For any business-related matters, you can shoot me an email here. If you're a microcap gem hunter, feel free to join us and contribute to this chat.
In no particular order, we have
1. PhoenixDAO ($PHNX)
Let me begin with a fairly low market cap that is unique and interesting. PhoenixDAO is a decentralized open-source blockchain project that was a relaunch of the Hydro Ecosystem to bring decentralization and more power back to the community. They forked the open-source Project Hydro protocols such as Identity, Security, Tokenization just to name a few. These set of protocol solutions (smart contracts) are still based on top of Ethereum to create a simpler, fairer, and more decentralized ecosystem for all.
Features of PhoenixDAO in comparison to Hydro:
📷
What is interesting about this project is that they're offering 6 solutions housed under a single PHNX ecosystem. Better yet, Numio is a private company in a service agreement with the foundation to enhance the ecosystem whilst implementing PHNX tokens into their DeFi products (Pay & Vault). Read more about the agreement here.
Here is where it becomes even more interesting. PHNX inherited the identity management and aggregation framework on the Ethereum blockchain called ERC-1484, which allows gas-less or feeless transactions using the method called Meta transactions within their dApps. This is made possible through meta-transactions of the ERC-1484. Now, with this technology, companies like Numio can build dApps that send money, at competitive fees, anywhere in the world which should be available in the iOS app store and the Android store.
The PhoenixDAO will feature voting rights, staking mechanism, dApp store, community proposals & other incentives. This translates to giving the community the power to decide where the foundation should head while maintaining a decentralized ecosystem. To dive deeper into the Phoenix DAO, read this comprehensive & first look into it! Imagine getting in early on MKR & KNC, this alt is a MUST HAVE in your bag!

TG.Twitter.Website.Uniswap.

2. Sparkpoint ($SRK)
Sparkpoint is another microcap gem you wouldn’t want to miss. This is one of those altcoins that have multiple products in their ecosystem. One of the games I enjoyed the most is their first-ever Blockchain game in the Philippines - the Crypto Slicer. This game allows you to earn crypto & NFTs as you progress throughout the game. Check out these tradeable NFTs here!
📷
Link to IMG.
That is not the only thing to be hyped about this company, there are also DeFi features such as their SparkPoint wallet which allows the staking of their native token, and much more!

TG.Twitter.Website.Uniswap.

3. Ferrum Network ($FRM)
Next on our list is Ferrum Network (FRM), which is another Microcap DeFi & fintech company tackling the finance industry by providing emerging markets financial products with the help of innovative technologies such as Blockchain. To seal the deal as a MUST HAVE ALT, Chico Crypto covered Ferrum Network right below!
With the LOW token supply, the strong team behind the company, unparalleled upside potential in the Defi space, $FRM is one of those bags you must get in these times of the red dot. With token benefits such as staking and its multiple products, FRM isn't one gem to be missed.

TG.Twitter.Website.Uniswap.

4. Rapids ($RPD)
In brief, Rapids is a decentralized open-source project combining both blockchain and social media technology employing the utilization of the RPD coin in the ecosystem. Rapids run on the proof of stake consensus protocol using the QUARK algorithm to reward 30% Staking and 60% Masternodes.
Rapids developed one of the most community-driven coins out there in the market. Many of the big holders offer airdrops and giveaways on Twitter to boost community growth and engagement. In addition, they have collaborated with air coins and the community members are given the opportunity to collect RPD tokens while on the move.
Rapids has positioned itself fairly well in the social networking game, it would be exciting to see the project play out given that it has such a low market capitulation of only USD$475,894. So, this is a coin to watch in 2020.

TG.Twitter.Website.

5. Energy Web Token ($EWT)
Energy Web Token is an open-source enterprise-level blockchain that’s disrupting the energy sector which is trusted by leading industry energy leaders.
📷
Their suite of products includes SDKs, APIs that allow the connectivity to the blockchain and digitally track low-carbon electricity systems. This is done by introducing their technology which allows developers to use these SDKs to build new digital solutions that help communities, nations, companies, and the world in the energy sector. The technology is vast and comprehensive in the approach to tackle the problem which makes EWT one to watch out for.

TG.Twitter.Website.Uniswap.

6. Banano ($BAN)
The Banano network operates in DAG technology and boasts itself as the 4th generation cryptocurrency that offers fee-less transactions in its ecosystem. $BAN is a meme coin and is a fork of the Nano blockchain, but what caught my attention is the strong underlying community members supporting the project.
They've first caught my attention on p0x, and upon joining their community I was astounded. The real heart of the project lies heavily in its community, which reminded me of the earlier times I first joined the Dogecoin community. With activities such as tip bots, Reddit contents, faucet games, meme generation and rewarded QnAs - I'd say they're one of the more lit TG communities not very far from $LINK and $DOGE.
Products wise; they've recently moved over to their mainnet and released products like Kalium, Banano's official wallet app available both on the iOS and Android store where you can send and receive banano.
They also have similar visual account representatives called monKeys which are unique to their banana address & gives each individual their unique digital character, which I found adorable.
While similar to $DOGE, Banano offers more solid fundamentals as evident from the product launches and being a fork of Nano. While DOGE already withstood the test of time, it will be interesting to watch the growth of Banano this 2020 EOY.

TG.Twitter.Website.

7. CurioInvest ($CUR)
CurioInvest is a platform that allows the tokenization of real-world assets, not just cars as advertised on the website. This new Gem is on our radar because the tokenization of cars is disrupting a multi-billion industry that will be accessible to the public mass. Not only that, but we also enjoy the staking benefits, low market capitalization, & the low token supply (2,000,000). Curio will also be launching a CurioDAO using CUR as a utility token, built on Aragon which will provide token holders voting and governance rights. Staking opportunities will also be available in their suite of DeFi platforms.
Blockchain has made endless possibilities and with Curio’s platform, owning a Ferrari, Real Estate, Gold, ETFs will be simple. The digital ownership of the car can also be traded across the platform for digital assets (BTC, ETH, CUR) or into fiat.
📷
Now that decentralized finance (DeFi) is in the spotlight, it will be worth it to bag up a few of these tokens in light of the next altcoin season. Lastly, a little birdie told me there are rumors up for this HOT crypto GEM company - do check out this thread on 4chan.

TG.Twitter.Website.

8. Sylo ($SYLO)
Sylo is one of the newest projects in the space, and Sylo is its native token that runs in the ecosystem. Their protocol involves the next-generation communication platform that allows users to tap into blockchain while remaining scalable for the millions of users projected in the future. The network also remains decentralized as it uses customers’ computational power while being rewarded for providing the software capabilities.
Now, what's exciting is that Sylo is partnered with Coca Cola! Check out the article here. And lastly, SYLO is deeply connected to large brands through Centrapay! Definitely a coin to bag in. See you on the moon.

TG.Twitter.Website.Uniswap.Kucoin.

9. Sentivate ($SNTVT)
Sentivate caught my attention when Chico Crypto first introduced this token on his youtube as his top altcoin pick that will explode.
While the product they're developing (a Hybrid web browser, hybrid applications) is centralized based, they have a pretty way of convincing that the best solution to fixing the internet is having a hybrid web instead of a decentralized web. Sentivate argues that a decentralized web is slow and is not optimal for use in the future from a scalability standpoint. In their proposed solution, they offer an ecosystem that offers both centralization and decentralization which makes sentivate truly standout.
They are the first project in the cryptoverse that has ever commingled both decentralization and centralization which makes it one of the most phenomenal and exciting projects to look out for.

TG.Twitter.Website.Uniswap.

10. DAPS Coin ($DAPS)
This is one of my favorite coins of all & the all-time TOP privacy altcoin gem, DAPS. It is another community-driven token that is always popping up everywhere on Twitter. DECENTRALIZED ANONYMOUS PAYMENT SYSTEM or DAPS for short is exactly what its name is; an anonymous payment system that is secure and scalable which boasts itself in technology that is derived from both PIVX and Monero. Making it the first crypto project that combined two technological leaders in their niche.
📷
The chain is validated via a one-of-a-kind hybrid consensus protocol model of PoW (proof-of-work), PoS (proof-of-stake), and PoA (proof-of-audit), a proposed solution by DAPS team to solve the 'Trust problem'.
The solution presented is unique and definitely groundbreaking from a technical perspective, making DAPS one of the most anticipated performers of 2020. DAPS coin has already challenged the TOP 50 of CMC by making use of old tech and combining them to formulate a synthesized powerhouse protocol. This coin is in the bag.

TG.Twitter.Website.

11. Chromia ($CHR)
This GEM is currently one of the highest in terms of market capitalization but still fulfills our criteria as a micro-cap. This is something new and fresh off the shelves with an idea of relational blockchain. This combines the idea of relational databases & the concept of blockchain. These combinations of the two innovative technologies create a smoother, more efficient ecosystem of dApps & acts as a Layer-2 of the Ethereum Network.
The team also announced a recent token burn in this article. The team also plans to launch a staking mechanism in their ecosystem and the Chromia mainnet will be available in Q3 2020. As of writing, the chart of CHR has been in constant increment and forming a beautiful arc-shaped parabola that indicates investors flocking.
📷

TG.Twitter.Website.Binance.Kucoin.

12. LTO Network ($LTO)
LTO Network is a hybrid network and platform built for business-to-business to boost efficiency and enhance the collaborative approach. The platform allows safe collaboration between businesses whilst binding rules in the form of smart contracts. LTO network currently has two products; Proof Engine and Workflow Engine. The workflow engine is built on a scalable, private permissionless, and on a computational model called Finite State Machines. With a unique tech, forward-looking team, and strong community - LTO is one to be in your watchlist.

TG.Twitter.Website. Binance.

13. Verasity ($VRA)
In brief, VRA is an attention-based platform for video rewards in the form of VRA tokens, making it similar to BAT one way or another. However, Verasity has already established plugins for reward distribution on Entertainment giants such as
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Their ecosystem is summed up in this pictorial depiction.
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Verasity also has its staking platform where you can earn 0.1% daily tokens based on your staked amount. With these global giants already integrated with the VRA reward system, more & more people will begin to obtain VRA tokens just like BAT. With a groundbreaking innovation in the video industry, this token is not far from clawing itself up the top 100.

TG.Twitter.Website.Uniswap.Kucoin.

14. Hydro ($HYDRO)
Hydro has been in the space since the 2nd quarter of 2018 & has made significant progress at the protocol level. With a new turnover of team members, the core team is growing at an exponential rate, it would be interesting to watch as they revive the team & project as a whole, and onboard as many developers to build with their COMPLETE suite of protocols available on Github. These tools are sufficient to create some of the most groundbreaking Defi, Blockchain, & Tokenization products.

TG.Twitter.Website.

15. Brickblock ($BBK)
This token has been on my radar for a long time now, and I have also written a comprehensive article on it already so I will keep this short and simple.
Brickblock is a platform that leverages blockchain and provides access for users to invest cryptocurrency in tokenized real-world assets such as real estate, exchange-traded funds (ETFs), paintings. Brickblock, however, is focussing on obtaining clients in the real estate industry.
They've recently made their first tokenized transaction in their platform and the fees are distributed in the form of ACT tokens which are backed by ETH (fixed ratio 1000 ACT for 1 ETH).
Simply put, it's a staking (activating of tokens) platform and the rewards are highly dependent on its platform liquidity. Brickblock already has it's staking platform live but it is awaiting more ACT earnings after raising funds from more real-estate assets.
Brickblock's transactions go by millions if not by hundreds of thousand dollars, if this project lifts off, the staking rewards will be one of the biggest in the industry. The assets being traded are real estate properties and exchanging hands in the form of millions. A small big of Brickblock might go a long mile in the future.

TG.Twitter.Website.

*Disclaimer: Cryptocurrency & penny cryptos are highly volatile & risky assets. Please do your own research before investing. This article does not serve as a financial advice. All content found in this article is purely the author's opinion and NONE of the companies mentioned in this article paid to be mentioned.
submitted by sadfool1 to CryptoMoonShots [link] [comments]

Should MCO-Staker Swapper get more benefit?

Comparison for 2nd Tier (Green+Purple card):
Old MCO-Staker: 500 MCO = 13,821.95CRO (Stake on App) + 2,764.39CRO (Stake on Exchange)
vs
New CRO-Staker: 10,000CRO

From the comparison above, it shows that MCO-Staker is not really getting their value for money anymore.
  1. The 3,821.95CRO in App Staking is getting 16% instead of us being able to put it in Crypto earn and enjoy 18%.
  2. Having the bonus credited to Exchange where the fee is slight higher and the platform is not quite ready. That turns it into a cold wallet till they finally have some decent features on Exchange.
  3. Same benefit even if you are an old time MCO staker is awful - but that's life I guess.

I am not complaining because I believe the net value does not quite change as much (we could have done better of course), but don't you feel that crypto.com as a company can do more?
What are your thoughts?
submitted by metarsit to Crypto_com [link] [comments]

Top 10 Best Cryptocurrency Exchanges in 2019 - YouTube World's Top 5 Best CryptoCurrency Exchanges With The Lowest Transaction Fees  VERIFIED EXCHANGE Gemini vs Coinbase vs Coinbase Pro - Best for USA Residents Best Crypto currency exchange 2020 Binance okex houbi and Kucoin compare Best Crypto Exchange 2020 Bitcoin Trading Platform - Coinbase vs Binance vs Bitmex

2019 Crypto-Exchange Fee Comparison. Sam Stone. Follow. May 1, 2019 Exchange fee comparison. How much does it cost to deposit, trade and withdraw funds from a crypto exchange? Check out the table below for a comparison of the fees charged by a handful of popular exchanges. The Rock Trading is a historical exchange well known to those who have been navigating the crypto world since the earliest years. On TRT it is necessary to pay a registration fee of 100€ unless an invitation code is entered. Fees vary according to the volumes exchanged during the month. These are the fees: Considering the average trading fee on most crypto exchanges is around 0.2%, Gemini is on the expensive side. And users pay not only the Convenience Fee but also a Transaction Fee. For up to 200 USD, the transaction fee will be between 0.99 and 2.99 USD. For trades over 200 USD, the transaction fee will be 1.49%. The fees become more important, the more cryptocurrency you exchange. The lowest fees can be found at exchanges with high volume order books. To get the lowest fee you should buy/sell with a limit order. You should choose a large cryptocurrency exchange with low fees. We have selected the best exchange with the lowest fees on the market.

[index] [174] [207] [198] [97] [134] [9] [241] [134] [225] [12]

Top 10 Best Cryptocurrency Exchanges in 2019 - YouTube

#AskNugget S01E02 - Cryptocurrency exchange comparison, arbitrage trading strategy, Funfair update, ... 0:17 Which exchange is the best to Sell and Buy Crypto with Fiat and minimum fees? Best Crypto currency exchange 2020 Binance okex houbi and Kucoin compare Best Crypto Exchange- ZERO FEES HACK - Duration: 11:00. Crypto Ride 9,611 views. 11:00. Gemini Exchange Cameron and Tyler Winklevoss: Bitcoin 2020, Future of BTC, Tesla stock news, ... I've been a longtime user of Bittrex which has been my favorite crypto exchange, Binance is a newer exchange with lower fees, and Kraken . . well their site hardly works. VoskCoin Binance Sign-up ... Gemini, in my opinion, is the better exchange for mass adoption and acquiring crypto. Coinbase is just too expensive or you can't trade with your funds for 7-10 days.

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