What Exactly is Cardano? | Best ADA Wallets to keep your ADA
Cardano is a decentralised, proof of stake, smart contract blockchain platform. It is mainly driven by its native cryptocurrency ADA and is similar to Ethereum in some ways. The ticker ADA is named after Ada Lovelace, the first computer programmer. It is important to remember that even though used interchangeably, Cardano is the platform and ADA is the cryptocurrency. ADA is a third-generation cryptocurrency and was made with the intent to have a better version of Bitcoin. Cardano is the world's first peer-reviewed proof of stake blockchain. Some of the features Cardano possesses are:
Ouroboros - It is the algorithm that uses proof of stake protocol when mining coins (not to confuse with the ancient symbol having the same name)
Decentralised smart contract platform
Cardano Settlement Layer (CSL) is used to settle transactions that use ADA
Faster transactions per second
More energy-efficient mining due to increased scalability
When it comes to buying the coin, there are various trusted exchanges from where you can do so, like Binance, Bittrex, KuCoin, ChangeNow, CoinSwitch, etc. To store the coin, there are various wallets supporting ADA, but the ones that can be trusted and display numerous advantageous features are:
Ledger Nano S - This hardware wallet is the best wallet till date and is virtually unhackable. Its 2-FA and its stronghold on the private key makes it quite secure and you can freely rely on it.
Atomic Wallet - This wallet is quite easy to use, being user-friendly and even beginners can use this easily. Atomic is an online wallet that is operable on both mobile and desktop as well.
Daedalus Wallet - This is the official wallet of ADA (not to confuse with the Greek inventor with the same name). It's an open-sourced desktop wallet operable on both Windows and macOS. It's a hierarchical deterministic wallet that is recommended for Cardano, having a user-friendly interface.
Some other wallets that support ADA are Infinito Wallet, Yoroi Wallet, etc.
Cryptocurrencies extend losses as Coincheck reopens new account signups and limited trading services
A user on a Malwarebytes forum, 1vladimir, reported yesterday of suspicious behavior surrounding a cryptocurrency price tracking application, called CoinTicker -- after further inspection of the application, users discovered that CoinTicker is a trojan horse that installs two remote back doors on a host computer upon being downloaded. The two remote backdoors allow a malicious actor to remotely take control of a host computer. At the time, it is unknown how many individuals may be affected by the malware.
An article by the Financial Times details that big four auditor, PricewaterhouseCoopers (PwC), has hired as many as 400 blockchain experts in an effort to best serve clients’ blockchain needs. Ralph Weinberger, head of PWC’s global network assurance methodology group, told the Financial Times, “We are devoting significant resources to how we might provide audit services in not just cryptocurrency, but blockchain.” PwC has focused on helping companies understand compliance procedures involving cryptocurrencies while assuring firms properly meet tax obligations relating to crypto assets. The Financial Times’ article concludes that PwC has a strong desire to become a leader in blockchain compliance and technology, pointing out that the big four auditor already has a section of their website dedicated to blockchain.
eToro, a popular social cryptocurrency trading platform, has partnered with Binance, the world’s largest cryptocurrency exchange, to list Binance Coin (BNB) on eToro. This marks the first exchange to list BNB tokens for trading using fiat. BNB was first issued by Binance to serve as the “gas” that powers its cryptocurrency exchange -- often times, BNB is used on Binance to pay for trading fee, exchange fees, listing fees, and partner applications. The addition of BNB on eToro brings the total cryptocurrency assets offered on the exchange up to 13.
JPMorgan Chase Bank’s blockchain, Quorum, is going to be used to tokenize gold bars using smart contracts, according to an article by the Financial Review. Quorum was originally developed in partnership with the Ethereum Enterprise Alliance to be applied in the financial sector, however, employees at JPMorgan Chase have begun to test its applications in industries like healthcare, aviation, and banking. JPMorgan Chase’s head of blockchain initiatives, Umar Farooq, is quoted by the Financial Review, saying, “We are the only financial player that owns the entire stack, from the application to the protocol.”
Monex Group, a Japanese internet broker who purchased Japanese cryptocurrency exchange, Coincheck, after it was hacked in January 2018, is reopening new account signups and offering limited trading services on Coincheck, as per a statement issued Tuesday morning. This news comes after Coincheck reported yesterday of a 66% revenue drop in CY3Q2018. According to the announcement, users are now able to deposit four cryptocurrencies into accounts, including Bitcoin (BTC), Ethereum Classic (ETC), Litecoin (LTC), and Bitcoin Cash (BCH). A strict know-your-customer process will be in place for new users registering with Coincheck, the announcement detailed.
Russia’s Financial Monitor Service (FMS) has contacted the Financial Action Task Force (FATF) to request an intergovernmental initiative to manage the supply and flow of cryptocurrencies. The FATF is a global financial regulating body -- this past June, it announced that it would build global-binding policies for cryptocurrency exchanges. Deputy Director of the FMS, Pavel Livadny, confirmed that the FMS is seeking cooperation from al FATF member countries, pointing to money laundering as the primary concern in cryptocurrencies. Livadny also went on to confirm that Russia’s FMS will seek to impose a restriction on cryptocurrency transactions over USD$9,000.
The cryptocurrency community is coming together to refute claims by Nature after it posted a research report claiming that Bitcoin (BTC) mining could help temperatures increase by more than 2 degrees Celsius in just 11 years, depending on BTC’s rate of adoption. Cryptocurrency experts are arguing that the study’s assumptions are “naive”, saying the study’s assumptions would require BTC to scale to an unrealistic 310 billion daily transactions on chain and that block sizes would have to be a massive 3.2 gigabytes.
The UK’s Financial Conduct Authority (FCA) is considering a ban on the sale of cryptocurrency-based derivatives, according to a Monday report by the Financial Times. The UK’s FCA published a statement Monday detailing that it is set to launch a consultation in the first quarter of 2019 concerning whether or not to place a ban on the sale of cryptocurrency-based derivatives at some point in the future. The FCA is also reportedly launching a parallel consultation into whether or not to extend its regulatory jurisdiction onto cryptocurrency assets themselves and the exchanges and wallet services that work with cryptocurrency assets. The FCA detailed in its statement issued Monday that it has, “made clear that in its view crypto assets have no intrinsic value and investors should therefore be prepared to lose all the value they have put in.”
General info and list of exchanges for FantasyGold
Sports Betting and Esports Cryptocurrency FGC SPECS WHY FGC? MASTERNODES BUY FGC WALLETS OUR TEAM NEWS EXPLORER WHITE PAPER AFFILIATE PROGRAM CONTACT BITCOIN MEETS FANTASY SPORTS & ESPORTS FANTASY GOLD Fantasy Gold is the official crypto currency for the $7 Billion Fantasy Sports industry with decentralized Masternodes to power InstantSend and PrivateSend functions. FANTASY GOLD SPECS PEER TO PEER CRYPTO FANTASY SPORTS THE PROBLEM Daily Fantasy Sports sites earn a 10% commission for each contest, however credit card processing is as high as 5%…cutting profits in half. Player Deposits can be frozen or worse stolen. Combined with the risk of Fraudulent Deposits & Charge Backs, a more secure and cost effective solution is needed. THE SOLUTION To solve these & other problems we have created Fantasy Gold. Our coin is more secure for both the end user & fantasy sports sites. Transaction costs are drastically lowered. With our Blockchain & open ledger, players can be confident their deposited funds are safe & are used only to payout prize pools. Ticker FGC Algorithm NIST5 Type POW / POS Max Coin Supply 21,000,000 Target Spacing 90 Seconds Block Reward 47 FGC What is Fantasy Gold? Fantasy Gold is a peer to peer crypto currency and blockchain serving the $7Billion fantasy sports industry in both the B2B and B2C spaces as well as the $1.5 billion competitive eSports industry. Fantasy Gold acts as in-game currency used to enter contests and pay prizes as well as a payment processing network. Fantasy Gold Coin is more secure for both the end user and fantasy sports sites. Transaction costs are fractions of a penny and our blockchain and open ledger players can be confidant their deposited funds are safe and used only to pay out prize pools. Unlike using traditional centralized payment processing the Fantasy Gold project does not charge any addition transaction or service fees to use the payment network. Senders pay a small transaction fee that is awarded to miners who process the transactions and Masternodes who verify the transactions. Anyone with access to standard desktop graphics cards can act as a miner and anyone who holds 10,000 Fantasy Gold coins can run a Masternode on a basic VPS server or even a Raspberry Pi. Fantasy Sports Fantasy Gold will host daily fantasy sports contests on its own branded site DraftDaily.com using the Company’s proprietary Daily Fantasy Sports (“DFS”) platform. DraftDaily.com allows users compete against one another to win prizes awarded in Fantasy Gold Coin (FGC). The site currently offers daily and weekly fantasy sports contests for the following sports leagues: NFL, MLB, NBA and NHL. We anticipate lunching Fantasy Cricket in May 2018 followed by Fantasy Soccer. Esports eSports tournaments and 1v1 contests will be hosted on the Company’s proprietary eSports platform, FGCArena.com. Fantasy Gold will hold monthly live tournament events starting in May 2018 in Las Vegas with a minimum of 300,000 expected viewers per event. Fantasy Gold Coin will be the in game currency used for tournament entries and prize pools. Live events may also include additional cash prizes provided by sponsors and from crowd sourcing. FantasyGold has partnered with Millennial eSports to organize the events to be held at their eSports Arena in Las Vegas. FantasyGold Masternodes Masternodes help secure the Fantasy Gold network by making it more decentralized, providing a consensus for every transaction. Masternodes are nodes (servers) that run the Fantasy Gold wallet software that provide additional services to the network including instant and private transactions. However the one of the more important features are decentralized community governance and budgeting systems and the ability to publish immutable proposals to the community with the means to vote on proposals. For providing these important services, Masternode owners are rewarded a portion of each block. Block Rewards will be split between POS and Masternodes as follows: 20% POS / 80% Masternodes The block reward is 90% to Masternodes and 10% to Miners. After block 43200 the reward is split 80% to Masternodes and 20% to staking. Buy FGC & Download a Wallet “Now is the time to buy Fantasy Gold” Fantasy Gold acts as in-game currency used to enter contests and pay prizes as well as a payment processing network. — FANTASY GOLD TEAM Windows Wallet Mac Wallet Linux Wallet FANTASY GOLD DEVELOPMENT TEAM Meet Our Awesome Team Members! Nicolas Hernandez FGC COIN LEAD & DEVELOPER Jason DraftDaily SR. VICE PRES. BUSINESS OP. Alok Kumar Saxena CTO & LEAD WEBSITE DEVELOPER Mark Petrozzella DIRECTOR OF BUSINESS DEVELOPMENT Steven Spooner COMMUNICATIONS DIRECTOR Craig Williams COMMUNITY DIRECTOR Tim Baker FGC Coin Developer Spencer W. GRAPHICS & DESIGN Prince Dwivedi APPLICATION DEVELOPER Kevin Browne EU BUSINESS DEVELOPMENT Colton ESPORTS DIRECTOR LATEST NEWS VIA TWITTER CONTACT US Your name Your email Subject Your message OUR PARTNERS FOLLOW US EXCHANGE LIST Kucoin Binance Bit-Z Bibox Linkcoin Qryptos Bitrue
03-30 23:44 - 'I have created a terminal crypto portfolio and ticker. Any comments to improve it will be appreciated.' (self.Bitcoin) by /u/dderkomai removed from /r/Bitcoin within 160-170min
''' [Tickly]1 is a terminal crypto portfolio and ticker that gets data directly from the exchanges API. It works under GNU/Linux, MacOS and Windows (through Ubuntu terminal) and updates in real time. It is written in Python and uses ncurses for the interface. Some of the advanced data (high 24h, low 24h, change 24h) is still buggy but the basics work quite good already. I'd appreciate any comments or errors you can get. The implementation is quite naive for now, but at least I got it working. Everything is better explained at Github. The supported exchanges are:
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Binance Crypto Exchange Launches MAC OS Client Desktop Application - Review of Binance Application
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