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What is Simle Token (OST)? The OST token is simply designed. This new token aims to empower businesses worldwide and create stronger digital communities. This is undoubtedly an interesting attempt, but what makes it important?

 What is Simle Token?

OST token,tmy digital world designed to empower the community. Anyone can use this ecosystem and create their own digital currencies via public Ethereum (ETH) sidechains. Businesses can be made into more dynamic versions of themselves to meet the digital needs of today and today.

What technology does the OST token use

OST token is used by consumer (app) applications While it is designed to create a network for its tokenization, it will need appropriate technology to do this successfully.. The project offers all the traditional benefits associated with blockchain technology, without having to worry about the high costs and risks of building solutions from scratch.

Bitcoin and Cryptocurrency Analysis Guide / Experts’ Strategy and Tactics: How to invest, when to buy, when to sell?

This project is built on top of Ethereum which means users will benefit from all the technologies this ecosystem has to offer.. Smart contracts and the ability to easily issue new tokens are two features currently worth exploring.

There are two main projects that need attention so far. First of all, there is OpenST protocol for issuing Branded Tokens for businesses. Second, there is ST KYC solution focused on Know Your Customer and Anti-Money Laundering procedures. There is also an option to explore ICO startups. especially if such offers are included in the White Paper (whitelist).

 OST Token

This ecosystem allows brands and companies to create their own Tokens, but the project also has its own Token: The OST Token sale was very successful and these Tokens were used by OST. can be used to invest in future projects to be built on. The team recently bought back 10 million OSTs to invest in the projects themselves; this is quite interesting.

OST token live price

Vitalik Buterin, inventor of Ethereum, meets with Putin

As cryptocurrencies become more widespread, the number of fraudsters who want to take advantage of it is increasing day by day.

Last month, a fraudulent issue regarding Poloniex, the world’s most used cryptocurrency exchange with the highest trading volume, came to the fore. The pirates completely copied Poloniex’s website and phishing with a different domain name.

Bittrex, after Poloniex

This time with a similar incident Bittrex came to the agenda. Hackers who copied this website, which is one of the frequently used exchanges such as Poloniex, again misled users and went into phishing.

They used Google ads

The fraudsters using Google ads, “bittrexwe.” com” domain name to appear above the original Bittrex.

It is estimated that hackers may have obtained the information of hundreds of people in this way.

Transactions on exchanges We recommend that users who do this make sure to check the domain from the address line when they enter the site.

War on Telegram Founders from Russia

Two awards were given to Doğa Koleji from Minticity, the most advanced online German education platform in the world

Reputable education platform Minticity gave two awards to Doğa Koleji at the Minticity Junior and Minticity Teenage levels. Doga College shared on its official Twitter account, “As Nature College, we won 2 awards in the 2020 Minicity Online German Education Platform Awards” The Most Effective and Versatile School” category.

The awards won were widely covered on social media.

Beymen started to deliver the clothing packages it prepared for healthcare workers.

What is Bytom (BTM coin)? Bytom can be defined as a blockchain protocol designed for financial and digital value applications.. People and businesses alike can use this protocol easily and register.. Not only digital value but also traditional values ​​can be exchanged (bonds, bonds and even intelligence data).

Bytom ( What is BTM coin?

BTM Project dedicated primarily to solving the following problem

Problem: Real-world values ​​become tokenized as we drive property records and stock market ledgers to the blockchain. Although a common path has not been determined, physical (atomic) values ​​are shifting towards the digital (byte) world from protocol level to planning.. Beyond planning, there are some needs to be able to trade between these two different values ​​in order to create a connected ecosystem.. It’s hard to imagine a tokenized world until that happens.. Bytom’s goal is to solve this problem.

How Does BTM Work?

Bytom’s mission is to bridge these two worlds by building a decentralized network where byte and atomic values ​​can be saved and exchanged.

There are three types:

Revenue Values: This includes raw values, local government values, and crowdfunding campaigns.

Equity Values: This value class requires investor verification for transfers and includes things like private company equity and non-public investment stocks.

Securitized Values: This value type has predictable cash flows.. For example, debts and car loans.

You can trade all these values ​​through the Bytom protocol. And it has many benefits.. For value holders, registration and exchange on the blockchain creates a more useful and secure system than the current state.

Removes much of the middleman bloat in value transfer and record keeping. Suspending intermediaries reduces costs and shortens transfer times, while removing intermediaries also has the benefits of having full control over your values.. You no longer have to rely on a third party for accurate record keeping, because records are stored on a fixed public ledger, because value records are distributed across nodes around the world, and there is no single weak spot where malicious actors can manipulate data.

Bytom protocol also includes cross-chain transaction capability via sidechains. Being able to do this as a developer means you can create a smaller version of the chain and perform API calls via smart contracts to verify network activity on the main chain.. These calls also allow you to transfer values ​​between chains and even distribute dividends via sidechains.

You may be interested in: BTM coin coinmarketcap statistics

BTM What you need to know for Coin

Bytom token (BTM) has three main uses in this ecosystem:

1-Transaction fees

2-Dividends

3-Value extraction collateral

As of now, 987 million BTMs are in circulation, with a total support of 2.1 billion circulated through mining. The team distributed 30% of the total amount to the ICO participants and created a pool for mining rewards with 33% of the total amount.. The remaining tokens are reserved for business development or private investors.

Where Can BTM Be Stored?

You need to keep your BTM in Bytom official wallet. It is available on Windows, Mac and Linux operating systems. The team also created a user manual to help with getting started and using the wallet.

Up to the time of this writing, the conversion of ERC20 BTM tokens to regular BTM tokens was in progress on the Bytom blockchain.. If you buy BTM now, be careful what tokens you buy. you should only send regular BTM tokens to your official wallet.

Final thoughts for BTM Coin

Bytom creates interoperability protocol that can provide management and transfer of physical and digital assets. The team is led by some of the Early blockchain evangelists, and since its founding in 2017 they set the most important milestones

If successful, it will usher in a new tokenized world with digital assets representing anything from corporate shares to land parcels. we can see. Although early, the future looks promising given what the team has done so far.

BTM coin live price chart

Do you master blockchain technology? Test your knowledge!

When Satoshi Nakamoto published his Bitcoin Whitepape, Bitcoin was designed both as an end-to-end monetary system and as the monetary unit of this system.

How can the dollar be divided by one out of 100? If it has a new subunit called cent, it can be split in Bitcoin into 3 subunits: microbitcoin (mBTC), millibitcoins (μBTC) and satoshi.

Why are there so many subunits needed?

For general use, dividing the US dollar by 100 is sufficient for use.. But in fact, US citizens refer to different subunits formed by the combination of cents.. For example, 5 cents they call nickle, 10 cents as dimes and 25 c per quarter.. A total of 21 million Bitcoins are known as the total maximum supply that will be completed after the 2100s.. More than 17,000,000 Bitcoins have been mined so far. Bitcoin is not a physical money but a mathematical code and can be divided into as many units as you want.

Bitcoin (BTC)

Bitcoin itself is a currency and it can be divided into any number of units in the Bitcoin network. represents a whole. Just like 1 US dollar. Bitcoin is created to be separable up to an 8-digit number. In order for Bitcoin to be further divided, only a consensus code change must be made.. On international exchanges, Bitcoin is usually indexed to the Dollar.

Millibitcoins (mBTC)

This is a controversial name that the majority of the community cannot agree on.. One MilliBitcoin represents one 1000th of a Bitcoin. So 0.001 BTC. On May 2011, when it was decided, MiliBitcoin first became necessary when Bitcoin reached a value of 10 dollars.. was felt. MiliBitcoin is a subunit also called MiliBit.

Microbitcoins (μBTC)

MicroBitcoin or one millionth of 1 Bitcoin. 0.000001 BTC. Bitcoin developers also proposed the term bits for MikroBitcoin, which is 100 Satoshi, or one Bitcoin per million.

Satoshi (sat)

The smallest unit of Bitcoin recorded on the blockchain. A satoshi is one 100 millionth of 1 Bitcoin.. (0.00000001 BTC) Named after Bitcoin creator Satoshi Nakamoto. Sat split Bitcoin into 100 million pieces in November 2008 and published it as such.. Two years later, Bitcoin main developer “Ribuck” suggested that One in 100 Bitcoin be Sell. He later changed his proposal and got one 100 millionth of it as Satoshi.

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— KoinMedya (@koinmedya_) May 22, 2018

Blockchain is the Main Item of the Central Bank of China’s Next 5-Year Plan

What is Proof of Assignment PoA? Proof of assignment ( PoA ) is a new age consensus mechanism that requires less power and can run on relatively low end hardware

Proof of Assignment (What is a Proof of Assignment (PoA)?

Issue that blockchain and cryptocurrency projects are considering different options when it comes to achieving blockchain consensus Nice to see. Proof of assignment is another attempt to solve prominent problems in Proof of Work and Proof of Stake.. It does not mean that it will be successful, but it has some interesting features that look attractive.

It may interest you: Current Bitcoin and Cryptocurrency Analysis Guide / Experts’ Strategy and Tactics: How to invest, when to buy, when to sell?

How Does Proof of Assignment PoA Work?

Proof of assignment works quite differently from others. Compared to traditional cryptocurrency mining, it needs less cognitive power. Indeed, using this protocol, it becomes easier to do cryptocurrency mining at home.. An interesting concept when considered as a whole.

Proof of assignment still has significant potential, although it may seem less powerful compared to PoW (Proof of Work) or PoS (Proof of Stake) algorithms. Much faster than other traditional algorithms, which can lead to a great improvement in large scale scaling. A project using PoA (Proof of Assignment) continues under the name IOTW. While the future is unknown, it is possible to output over a million transactions per second, according to IOTW’s claims.. This puts it in a highly superior position compared to other public blockchain algorithms available in the market today.. An algorithm that can have a long-term impact on the cryptocurrency industry when combined with IoT devices.. Even so, it remains to be seen how viable this algorithm is.. PoA (Proof of Assignment) could be very good if any algorithm can bring more needed competition to Visa’s data. Even so, this does not mean that the algorithm will make its way towards public blockchains or even major projects.. Much more research is needed before any real progress can be made.

Cryptocurrencies Are Gaining Value Again With The Recovery Of The Market

Bitcoin Cash was launched on August 1, 2017 as a protest against Bitcoin Core’s Segwit implementation. He chose to increase the block size from 1MB to 8MB, claiming that Bitcoin is just a commodity, while Bitcoin Cash is electronic cash; This resulted in the split of the bitcoin blockchain, or from another point of view, two separate blockchains.

The split started with the 1.9 MB block mined by Via BTC. However, for a time, Bitcoin Cash blockchain sizes were smaller than bitcoin blockchain sizes.

Bitclup Network Mining 8MB Bitcoin Cash Block

In the morning of August 16, With over 80,000 fraudulent transfer requests, the Bitcoin Cash blockchain appeared to have been hacked.

Bitcoin Cash

In a short time, the BitClub Network found an 8MB block that caused 37,814 transactions to be deleted. A few hours later, an unknown miner found a 4MB block. At this rate, two more 4MB blocks followed, followed by a 4.8MB block.

In a short time, miners cleared 80,000 transaction histories and block sizes returned to normal.. To illustrate, the Bitcoin network currently has approximately 58,000 unconfirmed transactions.

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Bitcoin Cash Network Statistics

91% of resolved 8 MB Bitcoin Cash block are unknown miners, Via BTC 5.41%, Bit Club 3.08%, Bitcoin.com 0.42%, Suprnova 0%

Bitcoin blocks, on the other hand, are much more evenly distributed. Antpool found only 18% of all blocks from most mining pools last week.

Another problem is that Bitcoin Cash mining is much less profitable than Bitcoin mining.. In today’s conditions, Bitcoin is 81% more profitable than Bitcoin Cash, but due to the low difficulty level of Bitcoin Cash today, miners may prefer to mine Bitcoin Cash, because it is thought that the profitability of Bitcoin Cash will increase as the blocks will become harder in the future.

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Sinan Dundogan

Crypto Money News / Founder
Cryptocurrency Researcher

Is LiteCoin Creator Charlie Lee Actually Satoshi Nakamoto?

Do you remember the first time you opened a Facebook account? Interesting, new and most importantly completely free… Or so we thought.. After a while, the giants of the internet made billions of dollars over our personal data.. They gave us the task of liking a photo without any monetary compensation.

Our personal data is very important.. We recklessly handed it over and were rewarded with internet advertising for our mistake.

But there is hope on the horizon: Blockchain technology and the principles attached to it can help us take control.

Facebook, Google and others. knew from the very beginning the commercial potential of personal data. They produced services entirely using our personal data and thus filled their pockets with the money they earned.. As Google and Facebook’s share of global ad revenue continues to rise, we continue to move through screens full of ads.. We didn’t care how invaluable our data really was. As a result, we have become products.

However, the democratic qualities of Blockchain technology will set the playing field.. Of course, Blockchain can stun a person meeting it for the first time, but the basic logic is really simple: Think of a ledger.. Get income, expenses and debts written in this ledger. You keep this notebook in one place with a single copy. However, if that copy is lost, all data will be lost.. Anything you keep recorded on a computer will be deleted if something happens to the computer.

In blockchain, data is not kept in one central place.. Instead it is kept in a network of multiple computers. Imagine that millions of computers around the world are an encrypted copy of that data.. This data can be a photo, video, text or something else.. You have all control over it.. So do we need to worry about data being lost, modified, or deleted?

Blockchain is more accurately defined as a distributed ledger. The best-known example of this technology is Bitcoin.

As the underlying technology of Bitcoin, Blockchain has proven that money can change hands without the need for a central authority, such as a bank.. Today, there are millions of people in the world who can shop using Bitcoin without the need for a bank.. The same is true for companies.. Almost all of us have become banks.. We’re in full control.

Blockchain was first presented as a purely finance-related technology. Day by day, the fact that Blockchain can affect all social life has emerged.. It has been discovered that it has the potential to create revolutionary innovations in all areas of life, including finance.

It can prevent you from being a bargainer

The same principle of “decentralization” in Bitcoin can easily be applied to social media.. Personal data can also be stored in a distributed and encrypted form without a central storage. Therefore, Blockchain can prevent your personal data from being used as a bargaining chip.. It can be used to gain Facebook’s control over your personal data.

You can choose to sell your data

You do not necessarily need to keep your personal data. You can also choose to sell them. For example, when you upload a video to your Youtube channel today, you have to put in a lot of effort to earn an income that you can manage, right? Today, active channels with more than 300 thousand subscribers in Turkey cannot even earn as much as a minimum wage.. Youtube has full control over your content and it gets the biggest share. If you publish your content on a platform developed with Blockchain technology, if those who want to view this content pay you and all this money is transferred to your account?

It will sound strange, but each of us can turn into a media agency.. We may request money from people or companies to view photos, videos or texts we upload to Facebook, Instagram or Twitter. As a matter of fact, several exemplary projects have already started to be developed on this subject, and there are even those that are active.

There is a high probability that a fairer order will emerge thanks to the blockchain.

As with internet technology, a big change develops slowly at first.. It is thought that it will not affect our lives much.. Every technology is often belittled at first, but when it finally emerges in its entirety, it completely transforms our lives.

Cryptocurrency dictionary: Cryptocurrency terms and their meanings