Category: Crypto

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Crypto

Cardano (ADA) Ouroboros May Be Better Than Both EOS (EOS) and TRON (TRX)

Cardano (ADA) is a smart contracts platform established by Charles Hoskinson, CEO of IOHK. It is on the eighth position among the largest cryptocurrencies regarding market capitalization, higher than TRON (TRX) but lower than EOS (EOS). Smart contracts platforms are now available, although not most of them can endorse what they assert. But Cardano (ADA) appears to be among the exceptions. This smart cryptocurrency trading platform is safer, more resilient, and also more scalable. Its management is even more equitable and accountable.

When blockchain technology was introduced into the smart contracts business, a significant challenge was the transparency and equity of these systems. The primary intent of cryptocurrencies is to suppress centralized control and permit a decentralized economic system. Sadly, that’s not exactly what some of the smart contract platforms like Ethereum (ETH) and EOS (EOS) are currently implementing.

This is why Cardano (ADA) Ouroboros may be better than both EOS (EOS) and TRON (TRX)

A finite group of miners is in control of the platform’s future, as the voting power is profoundly focused on a limited number of people. This might be a potential issue with the work test (WTP), mainly if sufficient measures are not in place to secure the majority’s best interests. A number of these ventures have sought to explore the participation test (PfP) but have so far been unsuccessful. Thankfully, Cardano (ADA) has fixed this issue with its Ouroboros algorithm.

Cardano (ADA) Ouroboros algorithms oversee how any and all nodes reach consensus and guarantee that rights to vote are equitably distributed to secure a decentralized and democratic economic system. This is another fact that distinguishes Cardano (ADA) from its rivals including EOS (EOS) and TRON (TRX), because Cardano (ADA) has a practical answer to the voting transparency issue, whereas the other platforms do not.

Cardano (ADA) is renowned for its belligerent movements both against Bitcoin (BTC) and the US dollar (USD) and is now trading at $0.167, while against BTC ADA has increased by over 6%.

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Crypto News

Buy Diamonds With Cryptocurrencies – A Jewelry Shop In Antwerp Accepts Bitcoin & Altcoin Payments

The cryptocurrencies market has become very popular in the last couple of years, and more and more businesses are accepting Bitcoin payments for purchasing goods and services. Now, you can buy diamonds with online with Bitcoin, and view each certified loose diamond available for purchase in 3D view. Maybe you’re looking for an exclusive gift for a beloved one or the perfect diamond engagement ring, regardless of what you’re looking for, you can now use your BTC wallet and also other cryptocurrencies to pay for it.

Bitcoin payments are becoming increasingly popular among online stores, and now this method of payment reached the diamonds and jewelry universe. More specifically, a family-owned diamonds and jewelry shop based in Antwerp, Belgium, with 3 generations of expertise now accepts payments with cryptocurrencies for online purchases.

Advantages of Bitcoin payments

As it is well-known already, Bitcoin is a decentralized peer-to-peer network that permits users to conduct transactions, globally. Therefore, the first advantage of Bitcoin payments would be that they are internationally available. On the other hand, as these transactions operate on a private network, they are more secure than traditional payments methods.

Another advantage would be that payments with Bitcoin are faster and cheaper than transactions conducted in fiat currencies.

Buy diamonds with Bitcoin from Antwerp Or

While cryptocurrency was already accepted on a whole bunch of online stores, primarily in IT field of activity, these payments were late to be adopted for quite an extended period of time in other sectors.

Recently, the diamonds and jewelry shop mentioned above, Antwerp Or, started accepting cryptocurrency payments trying to maintain itself over the competition.

Until now, the shop was accepting only PayPal, VISA/MasterCard, and bank transfer as payment methods. Now, however, you can buy diamonds with Bitcoin on Antwerp Or, as well as other jewelry and custom-made engagement rings.

The company argues its decision to accept Bitcoin saying that they want to provide fast, reliable, secure, and low-cost transactions. Also, they offer worldwide free insured shipment. Therefore, wherever you are, now you know from where to buy diamonds online if you wish to pay with cryptocurrencies.

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Crypto Markets

eToro Will List Cryptocurrencies And Mainstream Stocks Together

In a new big announcement, eToro reported that the trading platform would list cryptocurrencies and mainstream stocks together, coming out with the first trading platform to list both cryptos and stocks at the same time. More important, with this new feature eToro implements, investors will be able to trade mainstream stocks and sustain their investments with their cryptocurrency wallets.

Price really matters, and we think ticket and management fees are exactly the kind of old world practices that put many people off investing. We are rethinking some of the outdated practices investors might be used to from other investment providers. It also means we’ll continue to expand the range of assets we make available to our 10 million users.

Yoni Assia, CEO of eToro, in an official statement

The move eToro has made is indeed a great one and helps traders from different fields to get along on a single platform.

eToro will list cryptocurrencies and mainstream stocks together, a fact which will increase the cryptocurrencies adoption

As mentioned above, the new eToro feature will list mainstream stocks and cryptocurrencies together, on the same unique platform, and this will make it possible for traders to sustain their investments in traditional assets with their cryptocurrencies wallets.

Also, eToro, from now on, will cover the stamp duty which is the fee the traders would usually have to pay when acquiring the UK shares.

Additionally, eToro has announced that it will be absorbing stamp duty on the purchase of UK shares, and will not charge ticket or management fees to any user buying shares through eToro. The platform isn’t completely feeless, however; according to the announcement, fees are included in the spread which is just 0.09% per side.

Finance Magnates

As for the cryptocurrencies adoption, the eToro new feature will help a lot, as the cryptocurrencies market might now attract the traditional investors. Of course, on the other hand, the cryptocurrencies traders might also be tempted to invest in mainstream stocks.

All these investments will now be straightforward to do as eToro will list cryptocurrencies and mainstreams stocks together.

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Crypto

EOS (EOS) And Ripple (XRP) Might Never Be Listed On Coinbase Cryptocurrency Exchange Platform

At this moment, two of the most popular and appreciated crypto coins are EOS (EOS) and Ripple (XRP). However, the Coinbase cryptocurrency exchange platform is practically forgetting about these cryptos, disappointing many members of the crypto community who were expecting to see EOS and XRP listed on the renowned US-based crypto trading platform.

However, Coinbase has a few solid reasons why it’s avoiding listing EOS (EOS) and Ripple (XRP).

One of these reasons is that an investment in Ripple (XRP) and EOS (EOS) crypto coin would not be as reliable and profitable as investing in Ripple and Block.one companies. On the other hand, the debate of which crypto tokens are securities and which aren’t is also a reason why Coinbase doesn’t want to deal with EOS and XRP, at least for the moment.

Some cryptocurrency traders and crypto community enthusiasts are still hoping Coinbase will list Ripple (XRP) and EOS (EOS) but, unfortunately, this might never be the case.

EOS (EOS) and Ripple (XRP) might never be listed on Coinbase cryptocurrency exchange platform

First, the US SEC shows no signs of dealing with the situation surrounding EOS and XRP and this regulatory acts against Ripple is not something in which Coinbase would like to get itself involved. This situation, corroborated by the negative experiences Coinbase cryptocurrency exchange platform has had with other crypto coins, is what makes the renowned platform to keep a safe distance from XRP and EOS.

Also, Coinbase would like to get involved on the mainstream stock market, as well as to attract more institutional investors. Also in this regard, an EOS (EOS) and Ripple (XRP) listing would not help Coinbase due to the regulatory situation surrounding the two digital assets.

On the other hand, new and small-time investors will pop up immediately if Coinbase would announce the addition of EOS and XRP, and that will lead to EOS (EOS) and Ripple (XRP) prices to spike and then to dump. People would then blame Coinbase, definitely something that the most renowned US-based cryptocurrency exchange platform wouldn’t like to happen.

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Crypto Tech

Android Cryptocurrency Mining Malware Is Affecting Amazon Fire Devices

An Android cryptocurrency mining malware is infecting the Amazon Fire devices, such as Amazon Fire TVs. This Android malware is part of Android ADB, and it spreads to different devices, slowing them down as it uses their computing resources to mine cryptos.

This Android malware has begun to affect Amazon Fire and Fire TV Stick devices, which are compatible with TV services from Amazon and other providers and use a version of Android on their Fire OS operating system, as the AFTVnews portal has warned.

This version of cryptocurrency mining malware installs automatically on Amazon Fire TV devices with Fire OS 6 or earlier in an application called Test accompanied by the package named “com.google.time.timer.” Several users of these devices have reported this problem over the past year through forums.

After installation, this Android cryptocurrency mining malware can spread to other associated devices, slowing down their operation and occasionally forcing applications to stop.

An Android cryptocurrency mining malware is affecting Amazon Fire devices

The discoverers of this malware suggest that it was spread through ‘apps’ allowing access to watch pirated movies, although its origin has not been identified precisely.

While this Android cryptocurrency malware is up and running, all the computing power of the device’s processor will be used to mine cryptocurrency, which explains why the infected devices are getting laggy and slower.

It is believed that the malware was first installed as a result of an application downloaded by sideloading.

In order to prevent the spread of this Android cryptocurrency mining malware, the specialists recommended users turn off ADB debugging and applications from unknown sites under “Settings” sections on your Amazon Fire TV. If a device has contracted this Android malware, the only solution to get rid of it is to return your device to its factory settings, according to AFTVnews.

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