Wednesday, 1 August 2018

Bitcore: The Future is here


Cryptocurrency - a word that has hit the world by storm is oozing out new avenues of growth, development, and change. One of the most significant revolutions brought forth by it is economic transformation. It was in 2008 that Bitcoin was unveiled and today we are sitting on more than 1000 cryptocurrencies and still counting. It was only after the discovery of Bitcoin that the world realized that all the financial activities have relied on a central authority. The breakthrough innovation led to the surge of decentralized digital currency exchange. And thus came in the concept of cryptocurrency, peer-to-peer exchange. Before this, the security of our funds in the bank was contingent on the security and economic health of the bank or financial institutions.  But, now the scenario has changed, we have seen the growing inclination towards the cryptocurrencies especially Bitcoin. Bitcore, the latest addition to the digital currencies is the hybrid fork of Bitcoin. It means that it is inspired by Bitcoin and has been improvised to remove the drawbacks of Bitcoin which will be highlighted later in the blog.



What is Bitcore?

Well, if you ask people about Bitcoin or another cryptocurrency you would hardly find a person having complete insight on this concept. Probably, this is entirely new and has not penetrated the mainstream market. Shifting our focus to Bitcore;  it is a cryptocurrency that is a hybrid fork of Bitcoin that was launched in April 2017. When talking about Bitcoin, then the two popular name surfaces, Bitcoin Gold and Bitcoin Cash.  These are Bitcoin hard forks. However, Bitcore is a hybrid fork. Making use of Bitcoin technology and source code, Bitcore created a completely new blockchain. The objective behind the development of this cryptocurrency was to come up with blockchain which is faster than Bitcoin and offers better scalability.

To put it simply, Bitcore is the first digital currency to be the hybrid fork. Apart from being developed differently, it has tried to improve Bitcoin and solves issues that plague it like time consumption, blocks size and technical aspects. Bitcore makes use of time travel 10 consensus algorithm which resists ASICs. It also has an additional 10 MB SegWit enabled blocks which empower this network to handle 17.6 billion transactions a year or 48 million transactions a day.
How is Bitcore different?

When compared with its contemporaries like Bitcoin Cash and Bitcoin Gold which are the hard fork of Bitcoin, Bitcore is a hybrid fork. Whereas the Bitcoin Cash and Bitcoin Gold copy the Bitcoin blockchain, the Bitcore, on the other hand, is a new coin with an empty Blockchain making it a new entity altogether. The distribution of Bitcore took place in three stages:

1.    One-to-one claiming
2.    Hybrid Fork
3.    Airdrop

When we shift our focus to the functional aspect of Bitcore, then its working is similar to Bitcoin. You get the wallet, buy the currency and use it online. However, the difference in using the two is that Bitcore is faster than Bitcoin. The block time of Bitcore is only two and a half minutes whereas Bitcoin consumes 10 minutes. Secondly, the block size of Bitcore is 10 MB which is also higher. Thus, making this altcoin faster, cheaper and efficient.

Technical Aspects Unboxed-

As mentioned above, Bitcore has its blockchain, with some assets of Bitcoin and its technology, Bitcore offers a series of benefits. Taking into account the technical solutions provided by Bitcore, here are a few notable features:

1.    It has its algorithm, Timetravel10
2.    The block size is 10 MB
3.    It has 21 million coins
4.    The Block time is 2.5 minutes
5.    The block size increased to 20 MB with SegWit technology ensuring better capacity
6.    Additionally, it has a successful integration with SegWit, Bloom, and Diff64_15
7.    Bitcore uses InstantX for lightning-quick transactions.

Whats the catch?

As illustrated above Bitcore is making tall claims, it's easy to use, finds more comprehensive application, transactions are a multitude of times more than Bitcoin and it is a technically advanced cryptocurrency. But amidst there is the catch, when Bitcore announced Airdrop it received many comments stating that Bitcore looks more of scam and this became evident when we got to know that Bitcore holder needs to share their private key to claim BTX. Sharing private key is questionable; it is like announcing your CVV number in public.

What pros and cons Bitcore has stored for us?

Pros
1.   It has a small blockchain which means it is light on machines
2.   It is resistant to ASICs
3.   Weekly Airdrops encourages the developers to work continuously.

Cons
1.   Despite Bitcore using Airdrop, it still hasn't received much acceptance. 
2.   Not much uniqueness

Conclusion

Well, Bitcore appears to be a more on-paper concept than being practical. Although, there are a whopping 48 million transactions a day, when it comes to its more extensive application and popularity, then Bitcore loses the race with its contemporaries. However, it still holds a promising future.


**This post is sponsored by https://www.cryptoprofile.com.**

Thursday, 19 July 2018

रोने का दिल करता है


रोने का दिल करता है रोयूं मैं किस काँधे पर एक था कांधा रोने को जिसे छोड़ आया मैं शमशान काँधे पर आम का लिफाफा खोलते ही आम मैं खा जाता था दिल करता है अब पूछ ही लूँ पापा, आम का पैसा कहा से आता था जलती सुलगती गर्मी में कूलर के आगे सुलाते थे मूंछ कट जाने का डर था तुम्हे फिर भी दाढ़ी मुझे बनाने देते थे गरीबी का काँटा चुबता था मुझे और मेरे भाई को खुशनुमा तरबियत से हमे फूल बना डाला सम्मान है तुझे और मेरी आई को रोने का तो दिल करता है पर कांधा नहीं है रोने को ज़मीन का टुकड़ा तो में खरीद ही लूँ पर तेरे जैसा बीज नहीं है बोने को

Monday, 9 July 2018

STRYKZ - The Token For All Football Fans


Introduction to Fantasy Football

Fans of football treat it as a religion — there’s a zeal; a fervor coupled with heartbreaks and drama. The heroics of an individual, and the disappointment of seeing someone you admire fall short in theatrical finishes.

The fans want to be in the middle of the action and not be mere spectators. They want to feel the pulse of their favorite game by interacting with it. Enter Fantasy sports — a medium through which fans can build their teams with actual professionals and showcase their strategic prowess.

Football-Stars: A Recognised Fantasy-Football Platforms

With 3.5 billion football fans and over 1.2 billion gamers around the world, Fantasy sports market has its own footing. And Football-Stars, a fantasy-football platform, is one of the leaders of the world. In order to determine the strengths and weaknesses of the players, the platform utilizes the real-world match data derived from opta.

The game covers challenges from the champions league and all the other major European leagues. Although the game is free and gives access to everyone as soon as they sign up, there are added features to be explored via paid functionality.

STRYKZ Token — The Cryptocurrency Token for All Football Fans

But how does one get access to this exclusive VIP treatment? The answer is through STRYKZ token. A user can buy it. Currently, the platform accepts ETH and BTC cryptocurrency with more major ones to be roped soon. The user can also earn them through multiple ways including content creation, aiding with enhancing the user experience, or generating overall engagement.

Another way a user can earn tokens is through creating terrific content for the website. Fans want a minute-by-minute update of the football world, and here’s a platform that rewards your passion. Whether it’s a pre-match research or a post-match analysis — there’s a place for quality content on Football-Stars.

An obvious way to earn tokens is by winning user-to-user challenges. Another special way to get these tokens is by reporting injury status. Since the platform is maintaining a live status of around 600 players at any given time — the fan involvement through timely updates keeps the real data ticking.

A user can then use these tokens to gain early peek into premium features or get an access to service that’d otherwise remain unavailable.

Along with a partnership with German sports magazine ‘Kicker’, the platform also holds an official Bundesliga license.

The token sale will last from the 29th of June to the 29th of July, 2018. The token price is 0.0001 ETH with the soft cap of 8900 ETH and a hard cap of 44500 ETH. Even after the token sale, the STRYKZ Token can be bought at selected cryptocurrency exchanges.

The Strykz Team

Based on their road-map, the platform’s ultimate goal is to tokenize sports and make the platform a global phenomenon. Although ambitious, the goal is not far-fetched considering how the platform is backed by a team that walks the talk. Whether it’s experienced in the gaming industry or a thorough knowledge of cryptocurrencies, the team stands out in all aspects.

Not to forget, Luis Figo is their brand ambassador, which solidifies the platform’s credibility for further partnerships.

Strykz’s lead investor is True Global Ventures, which is a major player when it comes to investing in fintech and gaming companies. The platform is also backed by experienced advisers and around 40 partners — with a solid network — from around the globe.

Conclusion

Considering all the merits and the upward trend in fantasy sport, Strykz has built a foundation for something incredible. And with STRYKZ Tokenthe platform is all set to level up.

*This article is sponsored by Cryptoprofile.*




Cryptocurrency Strikes the Goal in Football


A few years back if we would have to talk about cryptocurrency and football as bedfellows, then it’d have been considered as an unlikely pair. But, with the pace, cryptocurrency and Blockchain are spreading its wings as we can see its applications in myriads of the field. Although using cryptocurrency in football can be a difficult concept for the common person to comprehend but it has come true with the surge of first fantasy football token – Strykz.

What is Strykz?

We have long seen the use of cryptocurrency in various business niches and football is the newest addition to the list. Football is one of the most popular games in the world and has millions of followers. The latest news about cryptocurrency in the field of football came when Football-Stars announced the launch of its token. The company is known to be ruling this industry since 2016.

If the statistics are to be believed then there are 3.5 billion football fans but only 1.5 billion gamers. It appears from the figures that if we could convince this massive chunk of football fans to come and join the league of gamers, imagine the huge benefit the company can make out of it.

What is the aim behind Football-Stars coming up with a crypto token?

The objective behind this amalgamation is to bring the payers to enjoy some real-life experience while gaming. When it comes to the world of football, then we hardly have something which is like a simulation gaming experience. Football-Stars, with this step, will bring in the new change and revolution in the world of gaming. It will not only be the merger of Blockchain and football but at the same time it will also incentivize the players for their participation and feeds.

The company is expanding into a community-driven platform, and Strykz will be the token with which it is incentivizing the participants. This platform will enable the user to invite other users for challenges and the ones winning it will be rewarded with crypto tokens.

STRYKZ token is an ERC20 token. It aims at exploring the possibilities of Football–Stars and at the same time pushing the fantasy gaming world into the Blockchain era.

What is the benefit of Blockchain implementation?

When it comes to Blockchain implementation in the fantasy world, then we first need to identify the key features of Blockchain that can benefit this platform. We all know that Blockchain is a distributed ledger which offers a safe place to store the data or information. With it being used as a platform for real-life gaming experience we can be assured that the data of the users and their personal information is safe and cannot be hacked. Moreover, with the use of smart contracts, the user can immediately get the reward once the desired conditions are met as mentioned while creating a smart contract. Thus, we see that it will create an ambiance of fair play, enticing others also to participate and use this platform. Blockchain will create a mutual benefit situation for both the users and Football- Stars.

The company is also trying to collaborate with various sports clubs and brands so that the rewards or tokens earned on the platform could be used by the players to purchase sports merchandise or other products.

Platform as a Service (PaaS) - Well there is another aspect which Football-tars is trying tap using this Blockchain-enabled platform. It will not only provide a real-life gaming experience to the players but at the same time, this platform can also be used as PaaS which means Platform as a Service. In simple words, this platform will be adaptable and agile. You can use it for any sports, language, and market thus making this product have a global and universal appeal. An example of this is the German Pay-TV broadcaster Sportdigital; it is using Football-Stars as a platform but as a white label product.

What’s next?

Well, the company wished to expand the fantasy gaming experience and to make this football and crypto fusion sound more realistic, it has signed Luis Figo as its brand ambassador. With football fever on and the token being launched on 29th June 2018, we are sure that it is surely going to lure the football fans.

You can read more about this STRYKZ here.

This post is sponsored by Cryptoprofile.