Bitcore (BTX) up to $1.260012 – Cap Hits $19753310

Coming from CryptoCompare.com: “Bitcore is a Bitcoin-based cryptocurrency created through a snapshot and airdrop process. Bitcore has 10 MB …

Bitcore (BTX) up to $1.260012 – Cap Hits $19,753,310

August 18, 2018

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Bitcore (BTX) traded up 0.54% versus US dollar in the last 24h interval ending 23:30 on August 17th EST. Bitcore currently has a total cap of $19,753,310 and its twenty four hour trading volume is about $279,722. During the seven day interval, Bitcore is -10.25% against the US dollar with a move of -1.01% in the last 60 minutes.

Let’s take a look at how the other coins have faired in the last day:

  • Stox (STX) is currently trading at $0.09 against the US dollar, a 7.65 percent change in the last 24h. The Bitcoin cost for STX currently sits at 0.00001355 BTC.
  • YOYOW (YOYOW) is currently trading at $0.03 against the US dollar, a 10.78 percent change in the last 24h. The Bitcoin cost for YOYOW currently sits at 0.00000404 BTC.
  • Nuls (NULS) is currently trading at $1.58 against the US dollar, a 4.44 percent change in the last 24h. The Bitcoin cost for NULS currently sits at 0.00024307 BTC.
  • Linda (LINDA) is currently trading at $0.00 against the US dollar, a -5.56 percent change in the last 24h. The Bitcoin cost for LINDA currently sits at 0.00000016 BTC.
  • SpankChain (SPANK) is currently trading at $0.05 against the US dollar, a -11.63 percent change in the last 24h. The Bitcoin cost for SPANK currently sits at 0.00000724 BTC.
  • Revain (R) is currently trading at $0.14 against the US dollar, a 21.64 percent change in the last 24h. The Bitcoin cost for R currently sits at 0.00002073 BTC.

Bitcore Data

Bitcore has a maximum supply of exactly 15,677,085 coins. It was created on 23rd April, 2017.

Coming from CryptoCompare.com: “Bitcore is a Bitcoin-based cryptocurrency created through a snapshot and airdrop process. Bitcore has 10 MB blocks with Segwit enabled which allows for the network to handle about 17.6 billion transactions per year. It also features an ASIC resistant pow algorithm, Timetravel10, and a difficult adjustment called 64_15 that ensures that there is no more than a 15 percent change in difficulty within a 64 block period.”

Here’s some good links in case you choose to find out more concerning Bitcore:

BTX: For Traders

You can obtain BTX at exchanges like Novaexchange, CCEX, BitZ, TradeSatoshi, HitBTC, Cryptopia,

It is not always viable to buy cryptocurrencies including Bitcore instantly using USD. Market players wanting to find BTX may possibly need to first of all pick up Bitcoin or Ethereum using an exchange which has got US dollar currency trading pairs for instance Coinbase as well as GDAX. Buyers can then make use of this Bitcoin or Ethereum to invest in Bitcore using one of the trading exchanges we listed previously.


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Nxt (NXT) at $0.0756 – 24 Hour Volume Hits $2775545

The Bitcoin price for BPL is currently 0.00001000 BTC. Pluton (PLU) is trading at $3.62 against the USD, a 49.90% change in the last 24h. The Bitcoin …

Nxt (NXT) at $0.0756 – 24 Hour Volume Hits $2,775,545

August 18, 2018

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Nxt (NXT) traded up 12.42 percent versus dollar during the last day time period closing 20:45 on August 17th EST. Nxt at this moment has a marketcap of $75,524,270 and its 24 hour volume is around $2,775,545. Within the time period within the last seven days, Nxt is -1.55 percent against the dollar with a move of 0.72 percent during the last hour.

Now look at how similar cryptocurrencies have faired since this time yesterday:

  • Blockpool (BPL) is trading at $0.07 against the USD, a 1.98% change in the last 24h. The Bitcoin price for BPL is currently 0.00001000 BTC.
  • Pluton (PLU) is trading at $3.62 against the USD, a 49.90% change in the last 24h. The Bitcoin price for PLU is currently 0.00054833 BTC.
  • Mithril (MITH) is trading at $0.37 against the USD, a 10.43% change in the last 24h. The Bitcoin price for MITH is currently 0.00005574 BTC.
  • Paymon (PMNT) is trading at $0.00 against the USD, a 1.55% change in the last 24h. The Bitcoin price for PMNT is currently 0.00000016 BTC.
  • Rivetz (RVT) is trading at $0.13 against the USD, a 10.14% change in the last 24h. The Bitcoin price for RVT is currently 0.00002010 BTC.
  • Waves Community Token (WCT) is trading at $0.31 against the USD, a 9.59% change in the last 24h. The Bitcoin price for WCT is currently 0.00004701 BTC.
  • SwissBorg (CHSB) is trading at $0.01 against the USD, a 4.27% change in the last 24h. The Bitcoin price for CHSB is currently 0.00000146 BTC.

Nxt Knowledge

Nxt has a total supply of exactly 998,999,942 coins. It was created on 24th November, 2013.

Cited from cryptocompare.com: “Nxt is considered a 2nd generation crypto currency. With all the alt coins that alter parametes such as hashing mechanism, time between blocks, starting difficulty, and so on, Nxt brings much much more to the table and was designed this way for a number of reasons. It’s proof of stake model makes it less susceptible to 51% attacks whilst it is designed to support large transaction volumes, something which the traditional Bitcoin and its clones have as a potential flaw. Nxt allows the creation and exchange of custom tokens, coloured coins and assets on the Blockchain.In 2016, the NXT team announced the launch of Ardor, the Nxt 2.0. The platform will allow users the same features as Nxt and additional tools like sidechain support for asset issuance and more. The destribution of the ARDR token was done through a snapshot process, which is the reason for the price spike during late 2016.”

Listed here are a few handy links if you happen to would prefer to find out more concerning Nxt:

NXT: For Traders

You can find NXT at trading exchanges such as Upbit, CCEX, Cryptsy, CCEDK, Zecoex, BitSquare, BTC38, Poloniex, and BTER.

It’s not always possible to buy cryptocurrency like Nxt instantly using US dollars. Investors planning to obtain NXT may perhaps need to firstly buy Bitcoin or ETH using an market place which offers US dollar trading pairs for example, Coinbase or GDAX. Traders can then use this Bitcoin or Ethereum to buy Nxt using one of the trading exchanges detailed above.


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Bitcoin Cash (BCH) Wormhole vs Ethereum (ETH) ERC20 Token Protocol

Corbin Fraser, one of the lead developers for Bitcoin.com, said, “For better or worse, ICOs and CryptoKitties are probably coming to Bitcoin Cash in the …
Bitcoin Cash

New Token From Bitcoin Cash Brings Forth the Wormhole Protocol, Which is Potential Threat to ERC-20

On August 11th, Roger Ver, the CEO of Bitcoin.com, announced that the company would be unleashing a new tool on Bitcoin Cash. This new tool gives developers the option of issuing tokens, involving a process called the Wormhole Protocol. With these new possibilities, the door is wide open for chain in the blockchain industry. Corbin Fraser, one of the lead developers for Bitcoin.com, said, “For better or worse, ICOs and CryptoKitties are probably coming to Bitcoin Cash in the near future.” However, one of the big suggestions is that this new option has the potential to eliminate the need for ERC-20.

Understanding Tokens and Coins

The two assets dividing the cryptocurrency market are coins and tokens. Though some experts use the phrases interchangeably, they actually are not the same at all. Coins are used as ways to pay and have the support of original blockchains. Tokens, on the other hand, are part of Initial Coin Offerings (ICOs), which are when a company holds a sale before their platform is active. Tokens are also based on an existing blockchain, rather than an original. A good example of that is in the way that 82.86% of tokens are built on the Ethereum blockchain, using technology that is already in place, rather than establishing their own system.

What Makes ERC-20 the Chosen Blockchain?

With such a high number of ICOs developing their platforms on top of Ethereum blockchain, it may be smart to wonder why. After all, it is referred to as “the king of DApps” as a result of the popularity. “ERC” stands for “Ethereum Request Comments,” and it was originally published by Fabian Vogelstellar on GitHub in 2015. The information outlines the way that these tokens are required to work on the ecosystem, even down to how many tokens can be issued.

Through its short lifetime, users have enjoyed how simple and straightforward the ERC-20 principles are, especially considering that it does not take an engineering degree to work with it. Mainly, developers only have to copy the coding from GitHub, decide how many tokens they want to have, establish a name and a symbol. Then, after putting some ETH into the blockchain, the token is ready.

Based on the most recent numbers, it seems that there are over 110,000 tokens under this protocol, with some of the most popular ones being EOS and TRON, which are in the top 12 for market cap. There is a surprising number of those tokens that are not actually directly used, because of the need to adhere to the regulatory measures in the industry still. Though it took a while, Ethereum is “not a security,” according to the SEC, but that does not trickle down to the tokens on the ERC-20 blockchain. The deciding factor is how they are marketed, and most of them are just a representation of shares.

Problems With ERC-20

Since ERC-20 was the first version of Ethereum-based protocol issued in the industry, there are still many problems that come with its use, most of which have revealed themselves over time. One issue that made headlines is the batchOverflow bug. With this flaw, if users send ERC-20 tokens, rather than ETH, the funds get stuck inside the receiving smart contract. Basically, users cannot use tokens from ICOs, and this has accounted for $3 million in losses, and the developers still only are willing to call this a “user error,” rather than assuming the blame of a bug in their system.

After the bug, there were multiple exchanges in April this year that stopped deposits and withdrawals that involved ERC-20 tokens, based on the glitch. As a result, it seems that developers of ERC protocols are trying to eliminate the ERC-20, bringing in options that will either hide the problems or bring in new features. Presently, there is:

  • ERC-223, which corrects the problems in ERC-20
  • ERC-721, which brings in collectible tokens, like CryptoKittens
  • ERC-948, providing an opportunity in a subscription

There are still others in the works, but Wormhole has the potential to truly compete against ERC-20, with no ties to their blockchain.

Bitcoin Cash’s Wormhole

Wormhole is not a bug or a glitch, and it certainly does not hold the same risks at ERC-20. Specifically, this protocol is more of an upgrade or an update that works on the Bitcoin Cash blockchain. It was created and introduced by a team of developers under Jiazhi Jiang, who presented the whitepaper in July. Basically, integration of Wormhole means that users can apply a smart contract feature, but without any of the rules it runs by on Bitcoin Cash’s blockchain. There is an opcode, OP_RETURN, used on the platform to make this possible.

The new protocol also makes it possible to support native tokens, which are involved in smart contracts on the BCH blockchain to develop ICOs, and the tokens are referred to as Wormhole Cash (WCH).

A Challenge to ERC-20

With these changes, and without the issues that ERC-20 platforms deal with daily, it is clear that there is now a strong rival for the top spot in the industry. ERC-20 is heavily tied in with almost any ICO though, so it is uncertain if they will have the chance to outperform, despite their benefits. They are still new, so the industry will probably be taking a close look to see how potential bugs impact Wormhole.

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Bitcoin Trend Chart Predicts 2020 Block Halving Could Be Massive For Price

The next Bitcoin block reward halving event could prove to be a watershed moment for its price, according to data currently circulating around social …
News

Wilma Woo

Wilma Woo| Aug 17, 2018 | 18:00


The next Bitcoin block reward halving event could prove to be a watershed moment for its price, according to data currently circulating around social media.


$10 Million By 2023?

A summary of Bitcoin’s price at the first two block halvings uploaded to Reddit by Telegram news channel What’s On Crypto notes that Bitcoin prices increased by orders of magnitude in each period.

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023.

The forecast came using a so-called ‘halving line,’ which demonstrates that between the first and second halvings, prices increased bilaterally — 200 percent per year or 3 times year on year.

Former Alcoa Smelting Factory Turns To Crypto Mining In Upstate NY

‘Price Follows Hashrate’

Bitcoin users who had coins during the second halving will remember that contrary to expectations, the event had little impact on prices or market activity.

“In the months leading up to the last two halving events, we saw bitcoin’s price steadily trend upward, and then power higher following the reward halving,” Bitcoinistreported Blockchain research head Garrick Hileman as saying in May this year. Two years off the 2020 event, Hileman’s comments came as Bitcoin’s network hashrate continued breaking all-time highs.

Halvings can make mining Bitcoin less attractive due to a reduction in block reward size, yet hashrate rarely suffers as a result due to difficulty adjustments. “I do not anticipate a significant change in the total mining hash rate due to the halving, at least not in the short run,” Hileman added.

Price follows hashrate and hashrate chart continues its 9 yr bull market. #Bitcoinpic.twitter.com/Rh49V9gaJw

— Max Keiser (@maxkeiser) August 8, 2018

The hashrate tendencies have not gone unnoticed either, with RT host Max Keiser repeating his belief that “price follows hashrate” earlier in August — suggesting an uptick should be imminent.

What do you think about the Bitcoin halving predictions? Let us know in the comments below!


Images courtesy of Shutterstock, Twitter.

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Ethereum News and ETH Price Chart: ICOs Are Blamed for the Falling Prices of Ether. Friday …

Among the top coins, there is none hit as hard as Ethereum as ether, the currency of the platform plunges almost on daily basis. In recent days, the …

Important Ethereum News

ICOs Are Blamed for the Falling Prices of Ether

The coin market has been experiencing tough times in recent times with some coins losing as high as 40 percent of their value in days.

Among the top coins, there is none hit as hard as Ethereum as ether, the currency of the platform plunges almost on daily basis. In recent days, the cryptocurrency has seen losses that brought its value at par with its price nearly a year ago.

As at the time of this report, ether is trading at $300.48 according to Coinmarketcap. This is an increase from days ago when the coin fell to $255.78, figures last seen nearly a year ago.

With the losses in the value of ether, Bloomberg reported that ICOs which were responsible for the rise in the value of ether last year have started cashing out their funds, oversupplying the coin market with ether and bringing bearish pressure on the coin.

Buterin Described As the Guardian of Ethereum

The Ethereum co-founder Vitalik Buterin has been described as the guardian of Ethereum. Jason Hsu said this at “Blockchain at Berkeley” meeting students meeting.

Buterin in the meeting spoke about his projects at Ethereum saying:

“Recently, I am spending a lot of time working on the proof-of-stake and sharding protocols. This is what the Ethereum research community is focusing on more than anything else at this point. We think that proof-of-stake and scaling are both really important and there has been a lot of progress on improving the algorithms and the development of multiple limitations over the last couple of months”

ETH Price

Ether May Gain Momentum Above $304

The price of Ethereum could break the $304 resistance on its way up in a surprising twist of events. Ether which has been under a lot of bearish pressure was expected to dip more as we approach another weekend. However, it is experiencing upside against the dollar in the meantime.

Technical analysis shows that the coin may still drop to the region of $288 to $290 before climbing back up. Generally, Ethereum is expected to test the $304 mark.

ETH/USD Price Chart, Friday August 17th:

Ethereum News and ETH Price Chart: ICOs Are Blamed for the Falling Prices of Ether. Friday, August 17

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