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Hiya Parachuters! We are almost there. Just one more update to go after this to get completely upto speed with the latest week. So, here’s your week at Parachute + partners (8 Nov - 14 Nov'19):submitted by abhijoysarkar to ParachuteToken [link] [comments]
Cap published the first Parachute Digestive ever - a biweekly summary of Parachute and ParJar-focused updates. That’s right – 21k users, 512k tips, 20k deposits, 33k withdrawals. Massive! OG Parachuters might have received an email as well. In trivias this week, we had a movie quiz in TTR for 2500 $PAR per Q and another one with a 25k $PAR prize pool. Charlotte’s Math trivia was another fun one with 2500 $PAR in prizes per question. Harry hosted a Netflix and TV show trivia. All your hours spent binging finally came to fruition. Tiproom games has moved to a new channel. This week’s creative contest by Jason involved creating a Christmas-themed promo poster to capture the spirit of Parachute that draws new people in to join. 50k $PAR in store for the winners of #Parichristmas. Yay! LordHades shared the first update of Fantasy Premier League (#FPL) this week. LH is at the top with 696 points followed by NovelCloud with 681 points and Chris (@Loki25) with 672 points.
#Parichristmas entries from A: Alejandro, B: Carlos Alfredo, C: Nat, D: Ali, E: Eva, F: Richi, G: FlareofFlame, H: Emma, I: Marcos, J: Carlos
Jason hosted a writing contest as well: “…write a scary short story, I mean really short. The max amount of words is 20. You need to have a parachute element in it somehow.” 10k $PAR in prizes each for top 3 winners of #donkeysattentionspan. Proud pet owners showed off their awesome pets and shared some of their stories in this week’s #wholesomewed. TTR Dance Contest started this week with prize pool of 15k $PAR for the top 5 winners and another 15k $PAR for participants. Videos would have to be to the rhythm of the TTR theme created by Jose. Super fun! In this week’s update of the Parachute Fantasy Football League (#PFFL), Clinton (8-2), Hang (8-2) and Chris (7-3) are still in top 3 with Chris sliding down to 3rd position. It is a four-way tie for 4th place with Alexis, Nilz, Ken and Andy, all at 6-4. Two-for-Tuesday this week was about bands or song titles named after a place - could be a city, state or country. Gian also unveiled the official logo for Two-for-Tuesday. A masterpiece by Jose:
This is too good, Jose!
aXpire’s article from last week on ResolvBilDigitalShares was published on Hackernoon this week and also got a shoutout from them. Nice! CEO Gary Markham travelled to an AltsMIA event to spread the word on aXpire. He also visited the Blockchain Center in Miami to explore partnership opportunities there. The team will be putting MatchBX on the backburner for the time being and shift all its focus to Resolvr, Bilr, Digital Shares, and PayBX. Click here to read more about the strategy. The latest weekly update video can be seen here. The weekly 20k $AXPR burn went ahead as per schedule. Remember the AMA form shared a few weeks back to collect all community questions? Matt posted detailed responses to them. How will the LegalTech space look in the future and what role could Bilr play in it? Read this article to find out. 2gether Ambassadors are the most active folks from the community who help make the 2gether brand more widespread. Looking good in that list Crypto French! CEO Ramón Ferraz spoke at a Cecabank event on Securities which was covered by the news outlet Expansión. As a special offer, Mike made posting on WednesdayClub dApp free on Wednesday for this week. Hope you didn’t miss the opportunity to post for free and earn some cool $WED in return. Winner of the Birdchain Copywrite Challenge was announced this week. If you are an ETHOS fan, don’t forget to follow Voyager on Twitter for the latest scoop. While the Tron chain support was scheduled to go live on the Switch-backed McAfeeDex this week, technical issues have resulted in delays. As $BOMB token reached 4.38% burn in total supply, Benjamin delved deep into the current market cycle. Take notes, trading enthusiasts!
Benjamin’s analysis videos are always the Bomb. Pardon the pun. Haha
The 3rd edition of Foundations of Fantom analysis report was published by Benjamin. This covers all recent happenings in Fantomverse and $FTM price action. Fantom officially announced its plans to enter the DeFi space. Exciting! The project had sponsored a CryptoBazar Serial Hacking meetup at the Seoul Blockchain Week last month. Here’s Technical Advisor Andre Cronje’s views on the participants at the event. Sikoba Network released the first version of the Isekai framework which was built with support from Fantom. This is a verifiable computation framework which allows you to verify a transaction on a third party computer without the computer having to do the transaction. So even if the third party is not to be trusted, the framework ensures that the verification is valid. Hope this makes sense. If not, read this. Fantom is hosting a blockchain challenge at AfricArena 2019 in partnership with XAR Network. The grand prize includes cash prizes and incubation. The 3 finalists were revealed this week. The latest technical paper from Fantom explores quick peer discovery in Proof-of-Stake protocols for faster consensus. The team will be applying results of the research to Lachesis. The crew will be sitting down for an AMA session with the Trust Wallet community next week. CMO Michael Chen also attended a "deals over dinner" event organised by RVO Internationaal and TNW X (a unit of TheNextWeb) this week in Singapore. In Constellation news, a flash $DAG node bounty for a Ledger Nano integration was scooped up quickly. VP Finance Mateo Gold travelled to the Blockchain Convergence in Europe representing Constellation. Drew Taylor and Brent Bates from Wild West Crypto Show interviewed founders Wyatt Meldman-Floch and Ben Jorgensen at the World Crypto Con 2019 in Las Vegas. As promised, here’s some more pics from Uptrennd’s visit to the Blockchain Summit in Malta: Pic 1, Pic 2 and here’s one with the BOMB/XIO crew. A number of fruitful connections were made at the Summit. Jeff wrote about it in a detailed post. An #UptrenndOC Contest was launched to encourage Original Content writers on the platform. The winners of the Uptrennd Flyer contest were announced too.
Some of the winning entries of #UptrenndFlyer contest
The latest District Weekly and Dev Update from District0x covers news such as introduction of a Discord tipbot, work on Meme Factory NSFW filter etc. WeTrust featured Ethlance in the latest CryptoUnlocked newsletter in their DApp Spotlight section. Check out the pics from Hydro’s visit to the AIBC Summit in Malta. Hydrogen hosts demo days to do product showcases of all their offerings. Click here to see the latest one which will be the last for this year. The beta version of the Hydro Digital Art dApp is about to be released on their dApp Store. In preparation of the event, Hydro Labs posted a thread to explain the objectives of the dApp. For a summary of all the updates in Silent Notary’s Ubikiri wallet, click here. We had covered some of these last week. The Bitcoin News covered the platform in a recent article. Last week, the Sentivate community voted to have more ELI5 content on core web technologies. This week, they voted on Blockfolio to have this content in Video format. For a start, here’s a primer on the core technologies of the web written by the team. Founder Thomas Marchi's interview Mr. Backwards was released. If you missed OST CEO Jason Goldberg's keynote speech "Designing Crypto User Experiences for Humans" at San Francisco Blockchain Week, fret not. Here's the video and write-up of his entire presentation. Pepo has been gaining quite the traction for some weeks now. This was an opportune moment, to publish a detailed piece and tweet thread on it. The app was also reviewed by Crypto Insights Journal. The OST/Pepo crew set up shop at BlockShow in Singapore where Pepo will be launched officially in Asia and Jason will deliver another keynote speech in the same lines as SFBW. Catch up on all SelfKey news that you may have missed in October from the latest roundup. We have covered most of these in our previous updates.
<- Sneak peek into an average day at Parachute / Pitch decks & new landing page being prepared ->
Dirtybags.org is an aggregator site where you can earn $BAGS tokens by sharing linked articles and news items from the cryptospace. Try it out! Arena Match has started a weekly raffle for $AMGO holders where the top 212 holders get automatically entered into a draw to win NFT prizes. Sweet! Check out the prizes of next week’s raffle here. Pynk’s engagement game is always on point. As evident from their merch giveaway activity at the Blockchain Summit in Malta. To get started with the equity fund raise on Seedrs, the team shot a promo video. Do you track Gold prices and want to track $BTC now or vice versa? Their tracking metrics may not be as similar as you thought. Pynk explains why in this article. Shuffle Monster founder Agustín Aguilar launched Defswap which is a Uniswap extension for deflationary tokens hosted in a decentralised manner. Wibson participated in a CryptoMondays event in Buenos Aires hosted by VC firm NXTP and ONG Bitcoin Argentina for networking and discussions on crypto. $WIB community voted for Shopping Gift Cards in a poll to decide the nature of rewards on the Wibson Reward Marketplace. Harmony's #HSMtalks this week focused on Harmony DAO Maker. The $ONE crew travelled to India to talk shop and get a feel of the Indian crypto ecosystem. From Bangalore to Delhi, they covered 2 major startup hubs. As part of #CryptourUkraine, Harmony was invited to a meetup at Dnipro by Okex. Next week they will be at Odessa. Harmony is heavily invested in the future of DeFi and continues to do research and development in this segment. In light of that, they released two articles - one on how Harmony will set its foundation in the DeFi ecosystem and the other on how it will advance the space and its Cross-Fi plans (Cross-Fi = DeFi + Cross-Border txns). Harmony’s staking ROI is already No. 1 as per EarnCryptoInterest.com. What is staking? Watch this. A new Team Challenge launched this week - win $ONE tokens for building local communities. Neat! The latest episode of Harmony Insights introduces us to the engineers building on the platform.
And with that, it’s a wrap. See you again with another update. Cheerio!
submitted by AVAY11 to u/AVAY11 [link] [comments]
In the crypto industry, new projects appear rapidly. One of the brightest representatives was the IOS platform, which has been under development since mid-2017. The project is a platform for decentralized applications, which has the highest transaction processing capacity, flexible and convenient account security model and a variety of effective technical solutions.
No less interesting is the Creator of the platform Dan Larimer, he previously created a decentralized exchange BitShares, social network STEEM, cryptocurrency BitUSD, as well as the blockchain engine Graphene, on the basis of which all three of the above projects are built. The total market capitalization of Larimer's developments even excluding EOS exceeded $800 million.
EOS has already raised more than 5,000,000 ETH in the crowdfunding campaign, which is about 5% of all currently available ether or more than $2 billion at the current rate. Ahead of the launch of The mainnet (main network) platform, let's see why this project can finally change the world.
What is EOShttps://preview.redd.it/oploj90t2wy31.png?width=640&format=png&auto=webp&s=c025ccf0323f7bfab5288ae66a0226e77d56d676
EOS was a response to the difficulties in implementing smart contract capabilities in Ethereum for many promising areas. Bitcoin and Ethereum in their current state are simply unprofitable and inconvenient to use for some areas that require a large network bandwidth, and can sacrifice a degree of decentralization for this.
Bitcoin, Ethereum and other platforms are clogged with traffic. Ethereum can only process tens to hundreds of transactions per second. For example, the speed of Paypal is about 200 transactions, Visa about 2000 (with peaks up to 4000). On Twitter, Bing and Facebook-from 500 to 1000 transactions / sec. EOS solves the scalability problem by increasing throughput hundreds of times. But, directly compare this engine with Ethereum is quite difficult, because they have a seriously different architecture. EOS has an inherently hierarchical system of accounts and many management functions available to network members. These decisions are made on the basis of voting system stakeholders and can greatly change the parameters of the system.
For the developer of smart contracts, if we leave aside the blockchain, EOS offers in fact a database with a system of accounts, access and logic of which is controlled by the developer of the contract. EOS allows you to focus exclusively on the business logic of applications, giving the developer almost all the necessary tools to work with accounts and their data. That is why EOS can be called almost an operating system on the blockchain.
EOS inherited Graphene's Delegated Proof-of-Stake (DPoS) consensus algorithm in a decentralized environment. DPoS is based on a reputation and voting system. Each round, network members "vote" for accounts that are allowed to "close" blocks in the network. The processing power of these nodes (called block-producers) is the core of the EOS blockchain, together they produce blocks in a stable and predictable time. The list is managed by voting using a variety of scenarios to throw out" bad " BP and include new ones.
Another protection against centralization is implemented in the token separation mechanism. The developers left themselves only 10% of the EOS tokens, while through a smart contract they determined a 10-year period for obtaining their share. 90% of the EOS tokens will be distributed among the participants. For comparison, in NEO, most of the tokens are held by the developers themselves. New EOS tokens will be created at the rate of no more than 5% per year, called inflation of the system and will be a reward for block-producers and those who vote for them.
EOS tokens give users a proportional share of network bandwidth, storage, and processing power: if someone owns 1% of the EOS tokens, they will always have access to 1% of the network bandwidth, regardless of the load on the rest of the network. Startups and individual developers can purchase a small portion of the network bandwidth, use their own projected bandwidth and computing power, or lease it. This solution allows the network to increase capacity without changing the cost of transactions. Moreover, EOS allows you to shift the payment of the transaction to the recipient's contract, which allows you to create free Dapps for the client.
EOS provides developers with cryptographic and communication tools for blockchain applications. The platform includes role-based permissions, a web-based interface development Toolkit, self-describing interfaces and database schema, a declarative permission schema, a mechanism to freeze and fix broken or frozen applications. It also solves the problem of transaction speed-it reaches tens of thousands of transactions per second. In addition, parallelization is used to scale the network, which allows you to achieve an amazing speed of one million transactions per second. This will support thousands of Dapps in the future.
EOS is a carefully calculated project that is fueled by the faith of the community in need of a qualitatively new product in the blockchain market. Even now, it is safe to assume that EOS accumulates and uses the experience of many successful products. Against this background, the huge amount collected on the ICO does not look like a coincidence.
Daniel Larimer is willing to share the plans for the future. If you look at the "road map" created more than a year ago, it becomes clear that the development of blockchain software was progressing even ahead of schedule. EOS does not end with the release of version 1.0 in June 2018. In the near future — parallel code execution, the addition of several additional programming languages, inter-blockchain communication and many other tools that popularize the EOS blockchain.
Taking into account the inevitable demand for Larimer blockchain, we will provide support for the platform in the near future in our Smartz project, and also, at the request of users, we have started to develop a remote control for Governance-EOS functions. In addition, we have taken on the role of a "bridge" between different blockchains — many of our plans are based on the idea of using two blockchains at once — Ethereum and EOS.
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