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Ever imagine Vitalik Buterin creator of Ethereum being interviewed by Andreas M. Antonopoulos? @amantonop
We invite the entire Bitcoin and Ethereum community to this exclusive interview TODAY on @LaBitConf,... from Cryptobuyer we will be present in this historic talk.
We're waiting for you at our Virtual Stand! ONLINE AND 100 % FREE 👉 @labitconf http://www.labitconf.com/
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Join the Contentos Mainnet and get a chance to win COS, VEST, Gifting Vote, or ETH! 💰💰💰

Date : 2020.12.21 00:00 - 2021.01.03 23:59 (GMT+0)

Event link : https://contentos.io/christmas

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Problems of the market

The Crypto industry is on a rise with hundreds of new projects and pivot cases appearing on the market every day. But it seems that technology moves forward so quickly that othe...r parts necessary for the successful conquest of the market are left behind.

We find that major things having an impact on progress are the absence of a unified legal basis for industry, the usability and scalability, data rights, and security.

Legal framework and understanding of the technology

In 2017 ICO boom took place with no real framework to protect investor rights, and exploded after leaving the whole industry to bear a tag of a bad reputation. Today the most popular DEFI niche is also seen by many as a potential repeat of ICO 2017 story. Despite the lessons of the past, crypto investors are often not investigating properly the products and projects but only follow the hype and fast profits promises when making decisions.

We as a company and one of the crypto players share this responsibility for the whole industry. We see educating the community about technology and products as a powerful tool to diminish this negativity. By doing this we hope to also reduce the risk of immature investors heading into unknown projects. So we start writing on what is the blockchain, how it works, what is a smart contract and how you can build your own protocol etc, and introducing simple step-by-step manuals explaining work on Credits’ blockchain.

Scalability and interoperability

Blockchain technology is an emerging one and is still immature in a business model where other options are widely spread and accepted. So it takes time to adapt the traditional system for its ability to utilize and exchange information via Blockchain protocols.

For us, as a business, it means sometimes that new interesting collaborations are taking longer than expected, as we have to pioneer and implement innovations in places for the first time. However, we see that recognition and adoption of blockchain are expanding which indicates that processes taking a long time now, will be completed quickly in the future.

...

https://credits.com/news/131-credits-as-blockchain-with-great-potential-current-market-obstacles.html
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Rainman has given a stick to this post

Problems of the market

The Crypto industry is on a rise with hundreds of new projects and pivot cases appearing on the market every day. But it seems that technology moves forward so quickly that othe...r parts necessary for the successful conquest of the market are left behind.

We find that major things having an impact on progress are the absence of a unified legal basis for industry, the usability and scalability, data rights, and security.

Legal framework and understanding of the technology

In 2017 ICO boom took place with no real framework to protect investor rights, and exploded after leaving the whole industry to bear a tag of a bad reputation. Today the most popular DEFI niche is also seen by many as a potential repeat of ICO 2017 story. Despite the lessons of the past, crypto investors are often not investigating properly the products and projects but only follow the hype and fast profits promises when making decisions.

We as a company and one of the crypto players share this responsibility for the whole industry. We see educating the community about technology and products as a powerful tool to diminish this negativity. By doing this we hope to also reduce the risk of immature investors heading into unknown projects. So we start writing on what is the blockchain, how it works, what is a smart contract and how you can build your own protocol etc, and introducing simple step-by-step manuals explaining work on Credits’ blockchain.

Scalability and interoperability

Blockchain technology is an emerging one and is still immature in a business model where other options are widely spread and accepted. So it takes time to adapt the traditional system for its ability to utilize and exchange information via Blockchain protocols.

For us, as a business, it means sometimes that new interesting collaborations are taking longer than expected, as we have to pioneer and implement innovations in places for the first time. However, we see that recognition and adoption of blockchain are expanding which indicates that processes taking a long time now, will be completed quickly in the future.

...

https://credits.com/news/131-credits-as-blockchain-with-great-potential-current-market-obstacles.html
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Representational state transfer (REST) is a software architectural style that defines a set of constraints to be used for creating Web services.

A REST API is a way for two computer systems to commun...icate over HTTP in a similar way to web browsers and servers.

The term REST was introduced and defined in 2000 by Roy Fielding in his doctoral dissertation.

REST main qualities include

Client-Server. System A makes an HTTP request to a URL hosted by System B, which returns a response.
Stateless. REST is stateless: the client request should contain all the information necessary to respond to a request. In other words, it should be possible to make two or more HTTP requests in any order and the same responses will be received.

Cacheable. A response should be defined as cacheable or not.

Layered. The requesting client need not know whether it’s communicating with the actual server, a proxy, or any other intermediary.

...

https://credits.com/news/141-rest-api-as-part-of-credits-infrastructure-manual-on-how-to-use-it-on-credits-blockchain.html
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Credits is an open-source and decentralized blockchain platform for the development and execution of smart contracts and decentralized applications. The project offers public and private solutions suitable for ...B2C and B2B markets eliminating the problems of trust and uncertainty.

The key advantages of Credits technology are high network capacity, fast transaction processing time, and low fees. These features allow the project to serve as a mediator between users & businesses and initiate the adoption of blockchain technology by implementing different solutions.

Website - https://credits.com/
Developer's Portal - https://developers.credits.com/
Twitter - https://twitter.com/creditscom
Telegram - https://t.me/creditscom
Facebook - https://www.facebook.com/creditscom
LinkedIn - https://www.linkedin.com/company/creditscom/
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Dear Credits Community,

As you may well know, the team continues to work hard so an outstanding result will be achieved when we all participate in the public speed/load test.

What did we do ov...er the last week?

We have launched a number of transaction generators to generate transactions for the upcoming speed/load test. The transaction generators are NOT on the same machine as a Credits' node (the Validator) but are on a completely separate machine that communicates with the Validators over the public network. We are doing this so that the transactions per second (TPS) achieved during the public speed/load test will be 100% authentic. The TPS achieved will NOT be "skewed" by running the transaction generator and the node software on the same machine.
We are doing this to mimic real-world software application scenarios built on a blockchain.

Also, remember too, we are achieving this WITHOUT sharding.

What did we want to achieve?

Last week's goal was to find out the "real world" TPS speed of the Credits blockchain with block formation times of one second.
The hardware used for this speed/load test is outlined here.

To determine this TPS speed, we slowly increased the output of the transaction generators until the block formation time reached one second. The speed reached when this occurred was 20k TPS. At speeds above 20k TPS, the block formation time begins to grow steadily.

The Validator nodes used in the above tests include several improvements, including signature verification with parallelism. We are still testing these upgraded nodes, and if it continues that no violations are found, they will be merged into the code running on the mainnet.

More: https://credits.com/news/179-updates-from-the-development-team-on-speed-load-test.html
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Dear Credits Community,
today we have burned over 26 mln ERC-20 CS tokens unswapped!
More details:
https://credits.com/news/193-cs-erc-20-tokens-burned.html

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Rainman has commented "Nice"

We at BitValve P2P Crypto exchange are extending 0% commission on every Trade for 3 more months and for all users!

This means that you can buy Bitcoin, Litecoin, Ethereum, Ripple using any payment met...hod, such as PayPal, Zelle, Western Union, Cash App from anywhere in the world, for free!

More specifically the following Listings have been Added recently:
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- Buy Bitcoin with Western Union at https://www.bitvalve.com/buy-bitcoin-with-western-union

Join www.BitValve.com and buy crypto instantly!
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Blockchain application to land management is the only solution to cope with current food shortage impact in emerging countries.

https://earlycryptonews.com/current-food-shortage-impact-fieldcoins-...approach/Show more >

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The Earth metaverse is at the crossroads between the real and virtual world, bridging the gap between real estate and blockchain technology to push global adoption.

https://fieldcoin-media.medium.com/...the-real-estatetransition-is-beginning-cdd15f3e7a29Show more >

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On 2nd October, the European Central Bank (ECB) announced that it is seriously considering the idea of a digital Euro and that its study of the idea should start by mid-2021.

The ECB report looks at ho...w that might affect payments to retailers now and in the future, as well as look at the ways in which virtual currencies would fit into the whole Euro system. However, the report does not suggest what digital currency model the ECB might use.

The report also suggests that the ECB may start a virtual currency programme in the middle of 2021 “to ensure meaningful answers are obtained to the open questions raised.” It is likely to begin with an investigative phase where numerous experiments are conducted, and there will also need to be a stage in which the ECB consults with all the stakeholders in the Eurozone.

The ECB report also pointed to the idea that digital currencies promote better financial inclusivity, stating: “The possible advantages of a digital euro and the rapid changes in the retail payment landscape imply that the Eurosystem needs to be equipped to issue it in the future. A digital euro could support the Eurosystem’s objectives by providing citizens with access to a safe form of money in the fast-changing digital world. This would support Europe’s drive towards continued innovation. It would also contribute to its strategic autonomy by providing an alternative to foreign payment providers for fast and efficient payments in Europe and beyond.”

There will be several hurdles to jump before a digital euro is created. It must “keep pace with technology” and be available “through standard interoperable front-end solutions throughout the entire euro area and be interoperable with private payment solutions.” It must also match the features of cash in that it must be “easy for everyone to use, be free of charge, and protect privacy.”

The ECB said the digital euro must also be available outside the Eurozone, save costs and be environmentally friendly, signaling that it should be based on technology that minimizes ecological footprints.

...

https://medium.com/@lendoplatformltd/prepare-for-a-digital-euro-aa2e3b4e26f6
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According to Cointelegraph, Bitcoin (BTC) volatility is at a 16-month low. The BTC options aggregate has increased to $2 billion, which is 13% below it’s all-time high, plus the Chicago Mercantile Exchange (CME...) has also reached $300 million.

These option derivatives contracts offer buyers protection from both the upside and downside, and the fact that liquid options currently exist in the market is a positive trend.

They allow miners to stabilize their income, while market-makers are able to use them to hedge their trades. In short, “deeply liquid markets attract larger participants and increase their efficiency.” An implied volatility can be useful. When traders believe there is a larger risk of volatility in the price, this indicator shifts to a higher position, but the opposite happens when there is an expectation of less dramatic price movement.

For Bitcoin owners, a lower perceived volatility is good news, as it is often a signal of a significant price movement, and that market makers are willing to sell protection on lower premiums. Investors then need to shift their focus to futures markets and analyse whether or not there may be a dramatic price shift. It often leads to more investors joining the market, or that existing ones increase their positions.

...

https://medium.com/@lendoplatformltd/is-a-dramatic-bitcoin-price-change-coming-fadf802d8bc9
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