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What An ICO Truly Means???

How to luanch a successful ICO: Initial coin offers the newly emerged concept of crowdfunding in blockchain and cryptocurrency. Basically, it is an event, when a digital company releases its own cryptocurrency. The company usually release a number of crypto-tokens. As a result, users get their crypto token’s share and the company gets its fund to develop more products.

ICO Direct Marketing Guidance – Are ICO Campaigns Suitable For The Business???

For a business setup, it needs a proper homework and campaigns session also. Some business owners consider that ICO is an important tool for any startup. With advertisement process, it allows to raise your money and registering IPO with agencies.

Whereas, in the case of the digital world, ICO ideology is getting more achievements. There are few standards which play an important role to accomplish the actual requirements of a successful campaign. Here, the first requirement is to generate the value of the cryptocurrency for users.

ICO market depends upon two pillars such as authentication and transparency of a transaction or dealing. Due to this, owner of the project will not able to get an extra reward on contributors’ amount.

So, before conducting a crowd sale token campaign keeps authentication and transparency sessions to minimize the risk of detrimental.

Can I Conduct An ICO Campaign?

ICO has the ability to create a profitable campaign. ICO crypto-token can be easily integrated into any business model. This is the fundamental problem that a token comes under massive speculative pressure and end up with the level of heavy demand.

In the same way, your plan is to decentralize your token and increase the value of it, it’s a part of the business feel free to read on. On the other hand, there are much better ways such as plain old crowdfunding or VC funding.

What Should I Focus On Before Launching?

ICO campaign owner always has the teamwork with goals and potential. They make their effort to attain three answers to the question. As a result, they get the profitable campaign.

  1. Who is working on the campaign which includes market reputation, communication level, ICO direct marketing and definition of your product?
  2. Explain project’s goal clearly.
  3. And, what you have for the contributors in your product.

How To Pull The Team In ICO?

You’ll need an experienced and hard-working team during ICO campaign.  Avoid the hiring of unaware team members. A professional team with their face and portfolio on the social media platform, easily available to any potential contributor.

How To Communicate With The Audience?

Simply take a white paper. In addition, write down the technical aspects of the project, problems, and their solutions, targeted areas, a proper channel. Make it sure that your goals are well-defined and have real worth.


How To Protect The Investors’ Interests?

Offer the premiums like discounts to the early investors. For investors, interest introduces escrow wallet for the contribution. And, make it sure to the investors that investments are refunding in case of failure.

Most Important Factors Of ICO

A campaign depends on the two factors,

  1. Your timing
  2. Your communication

These two factors directly create strong effects on a campaign.

Goodluck!

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Bitcoin News Today – Bitcoin Involved in a Civil War, Here’s One Way to Explain

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Bitcoin Civil War:

A civil war is going to take place in Bitcoin world, it is putting the future of red-hot digital currency in question. Bitcoin is high over 250 percent since last year, but its price has experienced big swings in the past few months. The CEO of BitMex, Arthur Hayes, he thinks the recent instability in the price of Bitcoin reflects the doubt surrounding the outcome of this war, that would decide on 1st of August when crypto-power dealers determine how the technology will structure that influence the currency.

The Main Story:

The current Bitcoin battle relates to the design of digital currency. According to Bitcoin campaigner Paul McNeal, the blockchain network of Bitcoin can only process so much data at a time. In technical language, the blocks which transfer the information in the chain are restricted in their size to 1MB.

McNeal says this was done for the purpose to protect the blockchain network from the hackers and some other cyber security threats. As the number of digital currency users has increased, so it takes more time for transactions to process. According to Morgan Stanley, Bitcoin transaction has made more expensive because of this, which is one of the main reasons that why merchants have not been so active to accept Bitcoin as a form of payment. Consumers have limited places for their Bitcoin to spend and it shows that merchants don’t have a sufficient number of consumers to make it worth, to invest the energy, and the capital to understand and accept.

The Battle Line:

The size issue of blockchain has drawn a battle line between the two main camps. On the one side, you have people which are mostly miners, who think that the size of blocks should increase because it will be economically profitable to do so.  The other are those people who want to maintain the size of the blocks, safety, and security of the network.

People who want to maintain the block’s size are the core developers. They maintain the code and also responsible for apply changes when necessary for future innovation, according to McNeal. By this job, they keep the blockchain stable.

The view to increasing size of the blocks more than the current 1MB cap will be a risk to the whole networks. For this purpose, they’ve come up with another solution to the problem called as SegWit. Some core developers are trying to move the activity on Bitcoin blockchain to an external network.

Bloom berg wrote that moving data from the blockchain successfully diminish the inspiration of the miners, people who are basically from China, and the people who have invested millions in huge server farms.

According to McNeal to find a middle ground for all of them, some miners and business executive have created a proposal, called as SegWit2X, that would change the threshold for applying SegWit down to 80 percent and also it allows for a small increment in the size of blocks in the chain to 2MB.

Fundamentals on the both sides of the dispute are in their positions. This may finally lead to a split in Bitcoin world, thereby making more than one Bitcoin currency.

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Coinbase Buy Bitcoin: Bitcoin Cash Launch Delays Because Of Overwhelming Demand from Buyers

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Coinbase is a secure online platform for buying, selling, storing and transferring digital currency and it’s the most popular way to buy and sell Bitcoin, Ethereum and Litecoin.

Last month, few issues have been experienced on Bitcoin’s GDAX exchange during the launch of Bitcoin cash trading. Coinbase has blamed exceptional demand from buyers for these issues. On 20th December, the firm added support for bitcoin cash, however, Coinbase moved to disable trading of its newest assets after this unexpected news.

Adam White, who’s the manager of GDAX said in a blog post that they did their best efforts for creating a fair and orderly market, however, the launch of bitcoin cash didn’t go well and they also understand why the customers are so upset. He also said that they’ll share a detailed timeline of events and other additional information about the decisions for improving the future launches.

He added, that on 3rd August 2017, it was announced that customers could withdraw their bitcoin cash (BCH) balances by the 1st January 2018. Later, the decision was deferred. After monitoring the Bitcoin Cash network, some factors were observed such as; developer support and network security. And in the end, it was concluded that the bitcoin cash met the standards of Digital Asset Framework so it could be traded on GDAX.

Coinbase buy bitcoin

According to the blog post, in the 2 minutes and 40 seconds after BCH/USD trading started, almost 4,000 orders were placed, in which 3,461 matches occurred, and trading volume got to $15.5 million. Furthermore, he added, the low cash flow also triggered the price of the cryptocurrency to leap as high as $9,500, a lot higher than listed on other exchanges.

The constant liquidity complications made the relaunch of BCH/BTC and BCH/EUR books to be postponed until the end of winter holidays, when there would be higher possibility of meeting liquidity standards that are needed to enable trading. White accepted that regardless of the firm’s best efforts to create an impartial and methodical market, the launch did not go as it was expected.

On 13th November 2017, employees were informed about the decision to support BCH trading and were overtly verboten from buying and selling BCH. All employees were also forbidden from sharing this information with anyone else outside of the Coinbase. Coinbase has also announced that it will start an inquiry if any of the employees have desecrated its insider trading rules.

It’s not the first time that price movements have seemed to anticipate changes in the exchange to list new cryptocurrencies. According to an information from Coinmarketcap, the prices of the cryptocurrency began increasing at least a day in advance. Only four assets have been listed by Coinbase on its GDAX exchange, which offers order, bitcoin cash ether, order books for bitcoin, and litecoin.

Well, the move to list bitcoin cash was different and unique, as it effectually gave all the customers of Coinbase’s GDAX exchange an amount of bitcoin cash equivalent to the amount of bitcoin they detained on the exchange at the time, when the new cryptocurrency network was formed and Coinbase has also specified that it will definitely look for relaunching bitcoin cash trading later.

 

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Expected Blockchain Support By Cloud Computing Giant Salesforce

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Salesforce is a world famous company well known for its cloud computing software. It provides services related to customer relationship management in various industries, including healthcare, finance, media, retail, and manufacturing. The revenue generated by Salesforce in the year ending January 31st was $10.5 billion. And now Salesforce is ready for its blockchain integration with a brand new idea.

blockchain and cryptocurrency

Parker Harris, the co-founder of cloud software giant Salesforce has confirmed that his company is hoping to develop a product for Blockchain and cryptocurrency support by September 2018.

The same news was being disclosed by CEO of Salesforce Marc Benioff in an interview with Business Insider on March 28. In that interview he also stated that he had finalised this plan to work on Blockchain technology and various forms of digital currency while he had a chance to participate in the World Economic Forum Davos, Switzerland last January. It was simultaneously being held with a cryptocurrency conference, where Benioff’s conversation with another event attendee transformed into the above mentioned idea according to which Salesforce could actively participate in the utilization of blockchain and cryptocurrency into its current operation.

 

He further added that he had been thinking about various ways through which Salesforce’s strategy around blockchain and cryptocurrencies could be finalized.

What is in Benioff’s Mind?

There were a lot of things which the company CEO did not reveal about his forthcoming product in his interview. However, he stated that he was planning to have a blockchain and cryptocurrency solution for Salesforce and for all its clients.

 

However, in a recent briefing for its Configure-Price-Quote (CPQ) software, the company appreciated the revolutionary blockchain technology for verification and maintenance contracts and automation of trust.

Salesforce is not Alone in this Race

In the past Blockchain was just used as a decentralized ledger to log all cryptocurrency transactions, but now its definition has changed. Now a great number of applications and technologies have a strong connection with it. In the present context,  blockchain keeps or is used to keep record of every digital transaction and exchange which might be in the form of goods, services or private data of any sort. With the passage of time it has been transformed into a global spreadsheet running simultaneously on millions of computers around the globe. The beauty of this technology is that every single individual connected to this peer-to-peer system can see all transactions being made, hence there is no need for a middle man.

 

It is clear that the involvement of Blockchain technology is getting deeper and deeper day by day and no field of life will be functional without it.

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Bitcoin Mining – What Are the Best Mining Programs?

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If you are reading this article, chances are you already know about Bitcoin mining program as it’s the easiest way to get bitcoins. But did you know that the mining itself can be divided into two further: solo mining and mining through a pool?

In terms of profit, there isn’t much difference between the two. Solo mining offers large but irregular payouts while pool mining offers small and frequent rewards. In the end, both the methods add up to the same amount.

Whatever you choose, it’s totally up to you. But remember that there are certain steps that you need to follow in order to succeed. The steps include:

  • Having the right hardware
  • A software that matches your needs
  • Setting up a method to receive your profits and rewards
  • Solving the algorithms which seem to be getting tougher by each block you mine.

In this post, we have discussed some of the leading software programs to help learn how to mine bitcoins efficiently.

CGMiner:

Our list starts with CGMiner. CGMiner is open source, written in C and currently the most popular GPU/FPGA/ASIC miner. The software is compatible with Windows, OSX, and Linux.

CGMiner has the ability to monitor, overclock, remote interface and fan speed control. Moreover, using a mini database, CPU mining support, Multi GPU support and binary loading of kernels, it can also detect the new blocks which ultimately quickens the mining process.

BFGminer:

BFGminer is designed especially for FPGA/ASICs and is a derivative of CGminer. Some interesting features of BFGminer are:

  • Fan control and integrated overclocking.
  • Vector support.
  • Crypt mining support for both GPU and CPU.
  • ADL device reordering
  • Decentralized mining protocol and much more.

BitMinter:

If you are wondering how to mine bitcoins quick, BitMinter is the way to go. The miner focuses on quick mining, high rewards and is considered to be the most efficient when it comes to getting in touch with potential clients and users.

BitMinter belongs directly to a mining pool. In order to join and become part of a pool, you must register by filling in a sign-up form.

BTCMiner:

BTCMiner is an open source software and is compatible with Linux and windows. The bitcoin mining software doesn’t require any Xilinx/license and possesses the ability to automatically choose a frequency with highest hashes. The key features of BTCMiner include:

  • USB-FPGA modules 1.15b and 1.15d
  • USB-FPGA modules 1.15x
  • USBA-FPGA modules 1.15y
  • No JTAG programmer required
  • Requires just one mining rig from one software instance

Poclbm:

Another miner with the ability to mine some quick blocks. Poclbm can perform hashing computations in a quick manner and is compatible with a wide range of hardware. The miner works best when used with a modern GPU.

According to some users, Poclbm is great for multiple machine mining but not so great for masses.

Conclusion:

These are some of the best Bitcoin mining programs that can help you mine some quick blocks. Each comes with incredible features, which ultimately makes it super hard to pick the right one. However, all you need to know here is to only choose the one that best meets your requirements. Do that and you are good to go.

Tags: Best way to earn bitcoins.

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What is a Hardware Wallet? (or How to Make Your Cold Storage Hot)

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