U Network (UUU) Crypto Trading at $0.00095 – Market Capitalization Reaches $5595764

Marscoin (MARS) is trading at $0.01 against the dollar, a 5.42% change in the last day. The Bitcoin cost of MARS currently sits at 0.00000095 BTC.

U Network (UUU) Crypto Trading at $0.00095 – Market Capitalization Reaches $5,595,764

August 18, 2018

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U Network (UUU) traded up 16.85% against dollar in the last day time period closing 01:00 on August 18th EST. U Network currently has a marketcap of $5,595,764 and its 24 hr trading volume is around $513,276. Over the last seven days, U Network is -4.84% against the dollar together with a movement of -1.59% in the last hr.

Let’s look at how other currencies have faired in the last day:

  • Marscoin (MARS) is trading at $0.01 against the dollar, a 5.42% change in the last day. The Bitcoin cost of MARS currently sits at 0.00000095 BTC.
  • Renos (RNS) is trading at $0.01 against the dollar, a 0.52% change in the last day. The Bitcoin cost of RNS currently sits at 0.00000212 BTC.
  • Grid+ (GRID) is trading at $0.28 against the dollar, a 0.00% change in the last day. The Bitcoin cost of GRID currently sits at 0.00004347 BTC.
  • Sapien (SPN) is trading at $0.00 against the dollar, a -2.71% change in the last day. The Bitcoin cost of SPN currently sits at 0.00000073 BTC.
  • Nimiq Exchange Token (NET) is trading at $0.23 against the dollar, a 5.02% change in the last day. The Bitcoin cost of NET currently sits at 0.00003509 BTC.
  • Mercury Protocol (GMT) is trading at $0.00 against the dollar, a 0.00% change in the last day. The Bitcoin cost of GMT currently sits at 0.00000036 BTC.
  • Bitcoin Scrypt (BTCS) is trading at $0.01 against the dollar, a -1.76% change in the last day. The Bitcoin cost of BTCS currently sits at 0.00000144 BTC.
  • Ether Zero (ETZ) is trading at $0.13 against the dollar, a 1.75% change in the last day. The Bitcoin cost of ETZ currently sits at 0.00001965 BTC.
  • Bitcore (BTX) is trading at $1.29 against the dollar, a 2.67% change in the last day. The Bitcoin cost of BTX currently sits at 0.00019729 BTC.

U Network Report

U Network has a total supply of exactly 5,892,573,645 coins. It launched on 9th February, 2018.

As outlined by cryptocompare.com: “U Network is an Ethereum-based content valuation and publishing platform. UUU is an ERC20 utility token that serves as a currency on the U Network ecosystem.”

Here are a few good links for those who want to read more concerning U Network:

UUU: Trading Info

Investors can buy UUU on exchanges including HADAX, HitBTC, Bibox, DDEX,

It is not always possible to buy cryptocurrency like U Network directly using USD. Market players needing to obtain UUU may perhaps need to first pick up BTC or ETH using an exchange which offers dollar trading pairs for instance Coinbase as well as GDAX. Traders may then make use of this BTC or Ethereum to invest in U Network using one of the exchanges detailed above.


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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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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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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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Blockonix Decentralized Ethereum Exchange Claims Lowest Fees Versus Competitors

This platform is focused on trading Ethereum and Ethereum-based digital tokens and it has a worldwide reach. According to the team, the company is …
Blockonix Decentralized Ethereum Exchange Claims Lowest Fees Versus Competitors

Decentralized Ethereum Exchange Promises Lower Fees Than Rivals

Blockonix has a strategy to dominate the market: really low transaction fees. According to the company, its exchange the most and user-friendly of them all and it offers really low fees for users who use the native token of the exchange. According to information from the company, the fees are one percent if the person does not use native tokens and 0.03 percent if it decides to use them.

The idea is that the company will offer a marketplace that can be more cost-effective than the one from many other popular companies of the market like EtherDelta, Idex and ForkDelta.

This platform is focused on trading Ethereum and Ethereum-based digital tokens and it has a worldwide reach. According to the team, the company is promoting a new wave of payment and futuristic apps that will help the clients. The exchange is fully decentralized and it does not store any of the assets of its clients.

Unlike other decentralized exchanges, Blockconix does not earn money from the platform directly. All the fees collected on the platform are used to buy back BDT tokens and burn them. This includes the 5 ETH fee that you have to pay to list your token on the platform, too. Instead of being motivated by profit or money, this platform is moved by the community, it affirms.

According to the company, the fees are so low because the company has developed the right technology to cut down operational costs greatly. However, the security is still a priority for the company.

A Change of Plans Because Of The Indian Government

Blockonix did not always have this name. Initially, the company was called BitIndia and it was focused on the Indian market of cryptocurrencies. It would be exclusive for Indians, but the company had to change its stance when the government decided to go against cryptos.

The decision was tough, but the company rebranded and it focused on the international market instead of the Indian one. In case you do not know, the Indian government has severely limited banking access to Indian cryptocurrency exchanges and has a general negative stance on the issue.

Most of the people holding BitIndia tokens exchanged them for the new BDT tokens. 170 million tokens have been burned and only 10 million remain now. The new goal of the company is to create a trustless environment in which the users are able to make deals via smart contracts or atomic swaps without having to go to a middleman.

This stance of decentralization is important because the company no longer can provide fiat currency because of the Indian government. The exchange does not hold the money of the clients and this helps to reduce the costs and enhance the privacy levels as the funds are not stored in any centralized place at any time.

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