BITCONNET COME FUNZIONA?

 BitConnect- un sistema finanziario autoregolato

PER ISCRIVERTI:
https://bitconnect.co/?ref=otrebort59

BitConnect è un open source tutto in una comunità di Bitcoin e crypto piattaforma progettata per fornire molteplici opportunità di investimento con l'educazione criptovaluta dove è  possibile trovare l'indipendenza che tutti desideriamo, in una comunità libera dove individui  che, come te , sono alla ricerca della possibilità di stabilità economica in un mondo molto instabile.
 

PER ISCRIVERTI:
https://bitconnect.co/?ref=otrebort59


Che cosa determina  e Influenza in  BitConnect il prezzo della moneta  e dell' ecosistema BitConnect?

Prezzo BitConnect Coin 
 Per le sue caratteristiche della domanda e dell'offerta, progettata con un  algoritmo la moneta Bitconnect viene offerta su una  piattaforma di prestito .

 Il valore futuro del  BitConnect Coin è il risultato di molti aspetti derivati dalla quantità di moneta coniata dalla community network BitConnect, e dalle sue caratteristiche. Questa guida descrive i fattori più importanti che portano ai suoi utenti di prendere in considerazione BitConnect  coin  come un bene di investimento  prezioso per oggi e per il    prossimo futuro.

Specifiche della moneta BCC:

Fornitura massima di moneta: 28 milioni
Corrente di alimentazione disponibile:  6 milioni
Fresh Nuova fornitura: L'aggiunta di ulteriori 23 milioni di via BCC mineraria (2,6 milioni ) e BCC conio ( 20,4 milioni ) nel corso del tempo e  puramente dipendente dalla domanda pubblica.

DOMANDA E OFFERTA

La risposta generale a “ perché Bitconnect sia una moneta preziosa in termini di prezzo ?” È “domanda e offerta”. 
La  Price discovery si verifica al punto di incontro tra la domanda da parte degli acquirenti e l'offerta dei venditori.

A seguito della  domanda e del  modello di alimentazione creeranno ricchezza nell'ecosistema  BitConnect  nel suo complesso.

Ci sono 3 canali in uso che auto-regolano l'ecosistema:

1. COIN di alimentazione  (rifornimento fresco di nuove monete per l'ecosistema Bitconnect)

BCC Mining : totale 2,6 milioni di BCC saranno minati  attraverso i minatori. La BCC mineraria continuerà per 1 anno con 10 BCC generati ogni 2 minuti.

BCC Picchettamento :In  totale 20,4 milioni di gettoni forniranno attraverso la BCC Staking
 La coniare nuova moneta come commence seguenti tassi di interesse:
​

Ricorda:  si richiede di tenere la tua quota minima di  BCC per 15 giorni per iniziare a ricevere i blocchi conio.
 La frequenza di ricezione blocchi dipende dal suo peso di palo.


2. CANALE DELLA DOMANDA DI COIN 
  (crea la domanda nell'ecosistema)
piattaforma di prestito BitConnect
BCC Staking

3. COIN canale di distribuzione (Distribution Coin e la determinazione dei prezzi si verifica a questo punto)
commercio di BCC su piattaforme di scambio
compravendite OTC

BitConnect opportunità di investimento

1. Investire nel canale di fornitura  Coin  aumenta nuove monete. I guadagni sono variabili in base alla difficoltà di estrazione BCC.

2. Investire nel canale di domanda  Coin dei prestiti BCC BCC o picchettamento ,i guadagni di ritorno sono variabili  ma costanti e  con la sicurezza del capitale .

3. Investire nel canale  Coin  di distribuzione da trading BCC sulla piattaforma di scambio, i guadagni sono alti con rischio associato.

Perchè il prezzo BCC e dell'ecosistema BitConnect aumenteranno il loro  valore   nel corso del tempo?

Il canale di alimentazione della moneta è fisso e la  fornitura costante di nuove monete, viceversa il  canale della domanda è più forte e aumentera'  con l'aumento dei  membri della comunità che si  uniranno nell' Ecosistema Bitconnect   prestando  o lavorando  le loro BCC .
In breve, il sistema è progettato in modo tale da  auto regolamentarsi in modo che l'ecosistema Bitconnect  crei ricchezza in tutta la comunità Bitconnect nel prossimo futuro.



PER ISCRIVERTI:
https://bitconnect.co/?ref=otrebort59

 

GUARDA IL VIDEO SPLICATIVO

EOBOT COME FUNZIONA

 Eobot Wallet – Come Funziona

  https://www.eobot.com/new.aspx?referid=822768

Generare wallet e ricevere criptomonete direttamente su eobot.

Vai nel menu in basso e fai click sul pulsante Deposit, si aprirà una nuova sezione dove puoi generare i tuoi portafogli elettronici (Wallet).
Una volta generato il vostro Address (indirizzo), puoi inviarti criptomoneta e successivamente puoi convertirla in GHS (potenza di calcolo) o in altre criptovalute.

Eobot è un sito web che offre un servizio di per Minare Criptomonete (Mining) in funzione da aprile 2013, con sede in California, Stati Uniti d’America. 

Vantaggi di Eobot

– Il Cloud di Eobot lavorerà per voi.
– Risultati immediati e aggiornamenti ogni 60 secondi.
– Puoi aumentare la potenza del tuo Cloud ogni volta che lo desideri
– Nessun canone da mantenere e nessun acquisto di software
– Scegliere quale criptomoneta vuoi estrarre (minare) 
– Noleggio per 5 anni o 24 ore

Eobot Minare gratuitamente criptomonete

Mining Pool semplice e gratuita, con Eobot si possono ottenere gratuitamente: Bitcoin, Bitcoin Cash, Ethereum, litecoin, STEEM, Dogecoin, Ripple, Dash, BitShares, CureCoin, NEM, Monero, Zcash, Factom, Bytecoin, Lisk, MaidSafeCoin, USD, Gridcoin. 
Per usufruire dei servizi di Eobot, occorre registrarsi nel sito ufficiale e successivamente effettuare il login.

 

Possibilità di minare criptomonete (Mining) come:  

Bitcoin, Bitcoin Cash, Ethereum, Litecoin, STEEM, Dogecoin, Ripple, Dash, BitShares, CureCoin, XEM, Monero, Zcash, Factom, Bytecoin, Lisk, MaidSafeCoin, Gridcoin, Oro e USD .
Noleggiare potenza di calcolo e Minare ben 19 criptomonete differenti, e non solo criptomonete, ma anche Oro e USD.


EOBOT Offre altri servizi interessanti come

 SETI@home, un progetto di calcolo distribuito volontario che usa computer connessi ad internet ospitato dalla Space Sciences Laboratory all’Università della California, Berkeley, negli Stati Uniti.
SETI: è l’acronimo di Search for Extra-Terrestrial Intelligence e il suo scopo è analizzare segnali radio in cerca di segni di intelligenze extraterrestri.

Cloud Folding: il Cloud Folding ha lo scopo di aiutare gli scienziati della Stanford University che studiano, Huntington, il Parkinson, e diversi tipi di tumori di Alzheimer semplicemente eseguendo un pezzo di software sul computer o nel nostro cloud.

Eobot e Faucet come funziona e come ottenere GHS Gratuitamente

Registrati su Eobot.com, successivamente conferma la mail inviata dal sistema ed esegui il login.
Una volta effettuato il login il sito vi mostrerà le criptomonete disponibili e come ultimo riquadro della schermata c’è la vostra potenza di Mining, espressa in GHS.
Maggiore è la potenza di calcolo e più grande di conseguenza sarà il vostro guadagno.

 Tramite questo menu puoi cambiare e scegliere quale criptovaluta si vuole ottenere.



La prima voce “Diversfy” è uno strumento utile per chi vuole guadagnare criptomonete differenti, questo strumento vi permette di fare mining in automatico per 10 minuti per ogni criptomoneta selezionata.
Tramite questo secondo menu a tendina, posto sulla destra del sito, puoi scegliere come visualizzare il valore dei tuoi guadagni o del prezzo attuale delle criptomonete.

Come Iniziare a fare mining gratis

Eobot vi premia con dei bonus (giornalieri) grazie al faucet disponibile nel menu.
Dal menu Mining seleziona GHS4 e successivamente dal menu principale in alto, fai click in Products –> Faucet

Menu

Attendi 5 secondi e Risolvi il captcha, inserendo la frase o le immagini che ti chiede il programma.


in questo caso: Picnic Table
Click sul pulsante GET Faucet Reward
Una volta risolto il captcha, eobot vi ricompensa con la criptomoneta selezionata (in questo caso GHS) Ovviamente sono pochi centesimi, ma questo basterà per mettere in moto la vostra macchina.
Se hai selezionato una criptomoneta come BTC, LTC, ETH, DOGE e vuoi convertirla in GHS o in altre criptomonete, puoi farlo tramite questo menu:

Menu Eobot

Exchange

Fai click su Exchange
Vai in fondo alla pagina e dal menu di sinistra (dove ci sono le criptovalute) e seleziona la moneta che vuoi cambiare, in questo caso la moneta che avete ottenuto grazie al Faucet.

Nel menu destro selezionate: Cloud SHA-256 4.0 5 Year Rental.
Questo vi darà la possibilità di convertire la vostra criptomonete in potenza di calcolo per un noleggio di 5 anni.
Effettuando il login una volta al giorno Eobot vi premia con un bonus di 1 Dogecoin + 21 DogeCoin (sempre giornalieri) grazie al faucet disponibile nel menu.
è possibile sfruttare il Faucet per una sola volta al giorno, ma grazie al vostro Wallet collegato con Eobot sarà possibile trasferire altre criptomonete guadagnate gratuitamente in altri siti.


Faucet Bitcoin, Faucet Ethereum, Faucet litecoin, Faucet STEEM, Faucet Dogecoin, Faucet Ripple, Faucet Dash, Faucet BitShares, Faucet CureCoin, Faucet NEM, Faucet Monero, Faucet Zcash, Faucet Factom, Faucet Bytecoin, Faucet Augur, Faucet Lisk, Faucet MaidSafeCoin, Faucet USD, Faucet Gridcoin.



PER ISCRIVERSI: https://www.eobot.com/new.aspx?referid=822768

 

GENESIS MINING NUOVO CONTRATTO DI SCAVO IN LITECOIN

Nuovo  contratto  Genesis  Mining in Litecoin 

Nuova offerta  del prestigioso fornitore di contratti di estrazione mineraria criptati .

Contratto con una durata di un anno.

 la Società garantisce il 100% di impieghi sostituendo la propria attrezzatura.

Non ci sono costi aggiuntivi da pagare oltre il prezzo originale.

In pratica si acquistano   50MH / s   a ​​un costo di $ 650

( $ 13 per MH / s) -  per la durata di  2 anni.



 Contact Length 24 Months      Hash Rate 50.0 MH/s

Mines  Litecoin

 

Spese per giorno            $ 0

Interessi  gionalieri        $ 2.76  Profit Ratio 100%

Interessi settimanali      $ 19.35
 

Interessi mensili            $ 82.92
 

Ritorno annuale            $ 1,008.81
 

Costo  per MH/s $ 13.00

Periodo di pagamento  235 days

Percetuale interessi ann o 155%




Per iscriverti:

https://criptovalutae.blogspot.com/p/blog-page_7.html

GENESIS MINING RITARDO PAGAMENTI SPIEGATO

ARTICOLO TRADOTTO DALL'ORIGINALE 

 Genesis Mining ha spiegato i ritardi nei pagamenti e ha promesso che tutti gli accantonamenti mancati raggiungeranno gli investitori nel più breve tempo possibile. Fin dal 21 cm, migliaia di investitori hanno cercato informazioni su ciò che è successo a Genesis Mining? Perché non ci sono accantonamenti e pagamenti? Sul sito ufficiale di Genesis Mining apparve un'informazione ufficiale, che i pagamenti sui contratti sono stati temporaneamente sospesi a causa di un attacco hacker sui portafogli del servizio. Per ridurre al minimo le perdite è stato deciso di congelare gli accantonamenti giornalieri dei depositanti. Allo stesso tempo, le perdite sono promesse di essere compensate e hanno già iniziato a guadagnare profitti agli investitori. Completamente riprendere il controllo della situazione nei prossimi giorni.

 QUA SOTTO TROVI L'ARTICOLO ORIGINALE


 https://bitcoincloudmining.center/cryptocurrency-news/genesis-mining-explained-the-delays-in-payments?utm_source=mailing

DELAWARE APPROVATO DIRITTO DI SCAMBIO DI AZIONI CON BLOCKCHAIN

Lo stato del Delaware ha approvato gli emendamenti alla legge statale che regolano  il diritto di scambio  di azioni  in un blockchain, districandosi  fra diverse  fonti che hanno familiarità con la materia.

Inserite  all'ultimo minuto prima che la Camera di stato andasse in consiglio, 
le misure facevano  parte di una serie più ampia di emendamenti che legalmente riconoscevano qualunque numero di registri memorizzati in un blocco. 

 Una fonte ha indicato che il disegno di legge è passato con la quasi unanimità, con un voto unico contrario.
 Il voto è  considerato l'ultimo ostacolo alla approvazione, con seguente discussione  del disegno di legge al Senato all'inizio di questo mese. 

Il  Presidente della sezione del diritto societario dell'associazione Delaware Bar, Matthew O'Toole, ha detto a CoinDesk che si aspetta che il governatore dello stato, John Carney, firmi il disegno di legge entro la fine di luglio con una data quasi certa  del 1 ° agosto. In un'e-mail a CoinDesk, O'Toole ha dichiarato che il voto "mantiene il Delaware all'avanguardia nel diritto societario e nella agevolazine nell'utilizzo di azioni condivise". 
Ha aggiunto:

Non vediamo l'ora di aiutare le aziende di Delaware a godere dei vantaggi di questa innovativa nuova fusione  fra diritto e tecnologia".

Gli emendamenti alla legislazione nello Stato del Delaware, dove ci sono più società incorporate di quanto non  siano i residenti, avrebbero potuto trarre profonde implicazioni sul modo in cui le società verranno  elencate in futuro. 

Sviluppato sotto la stretta guida dell'avvocato Marcello Santori di Cooley LLP e Caitlin Long dell'iniziativa Blockbillon, Symbiont, si prevede che il disegno di legge aprirà la strada per l'emissione di azioni  su larga scala sul  blockchain.

 Con l'acquisto di azioni sul blockchain o simili registri distribuiti, i mediatori che traggono profitto lungo i vari passaggi che attualmente esistono tra acquirenti e venditori di azioni potrebbero essere tagliati fuori del processo, con conseguente tempi di liquidazione molto più veloci. 

 Il disegno di legge è stato introdotto lo scorso anno dal precedente governatore, Jack Markell, in seguito alle richieste fatte da più società per una  legislazione - già legata ai blocchi delle banche - per esplicitare la legalità di tali emissioni, secondo le fonti di CoinDesk. "Questo è un accordo storico per il  Delaware", ha detto Symbiont Long a CoinDesk, spiegando ulteriormente i potenziali vantaggi degli emendamenti:

 "Il disegno di legge consolida la sua leadership nei servizi del Registro dei sistemi aziendali, consentendo la digitalizzazione end-to-end per l'amministrazione di titoli.

 Le banche inoltre saranno  desiderose di utilizzare le procedure di archiviazione automatizzate che consentiranno  di ottenere titoli di garanzia".

WHAT TO KNOW BEFORE TRADING MONERO

What to Know Before Trading Monero

ADVERTISEMENT

While hundreds cryptocurrencies have been launched and many have attempted to provide users with greater privacy, they have seen varying levels of success.
Bitcoin, the first cryptocurrency, was originally touted as providing users with anonymity. The cryptocurrency's protocol attempted to offer a high level of privacy by shielding user identities behind pseudonymous addresses, randomly generated strings of numbers and letters. However, this approach proved ineffective.
Bitcoin addresses and transactions are both recorded on the blockchain, making them publicly available. Even though an individual bitcoin address is pseudonymous, it can attach to many transactions over time, making it easier for friends, family and even government agencies to get a better sense of the address owner's purchasing trends.
While some thought that bitcoin kept their transaction history completely private, organizations such as law enforcement agencies have used blockchain analytics to track bitcoin transactions.
In the years after bitcoin was released, certain cryptocurrencies were developed specifically to provide users with a greater chance of remaining anonymous. Dash, for example, harnesses a feature based on CoinJoin, which combines funds from several users to reduce the chances that any one user's identity will be detected.
Zcash, another privacy oriented cryptocurrency, leverages zero-knowledge proof constructions called zk-SNARKs to allow users to exchange information without revealing their identities. In addition, the currency's blockchain does not disclose the value of any transactions.
This cryptocurrency's launch generated significant hype, but its privacy feature is optional, and many users have refrained from leveraging it. At the time of report, 28% of transactions were shielded.
Monero, by contrast, is private by default, and it has achieved the widespread adoption of those interested in using cryptocurrencies to remain anonymous.

What is monero?

Monero is an open-source, privacy-oriented cryptocurrency that was launched in April 2014 by a core team of seven people. The developers introduced this innovative cryptocurrency without setting aside any for themselves, and the team has relied on donations and the broader community to further development.
Monero leverages ring signatures and stealth addresses to obscure the identity of senders and recipients. Ring signatures combine or 'mix' a user's account keys with public keys obtained from monero's blockchain to create a 'ring' of possible signers, meaning outside observers cannot link a signature to a specific user.
The concept of a ring signature was first described by academics from MIT and The Weizmann Institute in a 2001 paper, and using the technology has helped provide legitimacy for monero at a time when much of the cryptography used in blockchains is new and has not withstood the test of time.
It is worth noting that while mixing services are available for many cryptocurrencies, users generally only mixed coins when they were looking to hide something. Monero, however, mixes all coins used in transactions, which helps eliminate the suspicion that coins are being mixed to conceal information the senders and recipients don't want third parties to see.
While monero users have the ability to keep their transaction history private, they can also share this information selectively. Every monero account has a view key, which permits anyone holding it to look at the account's transactions.
Originally, ring signatures obscured the senders and recipients involved in monero transaction without hiding the amount transferred. However, an update called RingCT implemented a new ring signature that concealed both the value of individual transactions and the identity of senders and recipients.
In addition to leveraging ring signatures, monero also enhances privacy through stealth addresses, which require senders to set up one-time email addresses for recipients before making transactions. With this feature, recipients have the ability to publish a single address and have transactions sent to separate, unique addresses that cannot be linked to the recipient's published address.

Fungibility and adoption

By providing a high level of privacy, monero offers fungibility, meaning that each individual unit of a currency can be substituted for another. Another way of putting this is that every coin has equal value.
Because the transaction history of individual bitcoins is recorded on the blockchain, coins that have been associated with certain events, like theft, could be shunned by merchants and exchanges.
Due to monero's untraceable nature, no two coins are distinguishable from one another, and they are both equal in the eyes of merchants. Without this level of fungibility, a vendor that accepts cryptocurrency might refuse a unit of one of these assets because of its past transaction history.
Because of this, monero (XMR) has enjoyed a steady increase in adoption since its release. Dark web marketplaces including AlphaBay and Oasis have embraced the cryptocurrency, reportedly due to popular demand.
"Following the demand from the community, and considering the security features of monero, we decided to add it to our marketplace," the press release stated.
Oasis adopted the currency later that year, and the endorsements of these two dark web markets helped provoke significant media coverage.

Monero's market

Monero's market operates like that of many other cryptocurrencies. Those interested in investing in the cryptocurrency can purchase it outright through exchanges including Poloniex, Bitfinex and Kraken.
Poloniex was the first of these exchanges to offer the currency, listing eight separate currency pairs in July 2014. Bitfinex, the largest bitcoin exchange by BTC/USD, followed suit in November 2016, listing XMR/USD and XMR/BTC trading pairs and allowing deposits and withdrawals of monero.
Kraken offered monero trading starting in January 2017, listing currency pairs XMR/USD, XMR/EUR and XMR/XBT. Kraken praised monero at the time, writing on its blog that the currency “trades with high volume and liquidity”.
Like many other cryptocurrencies, monero offers interested parties the opportunity to mine blocks. While individuals have the ability to join mining pools, they can also mine monero by themselves.
Anyone with a computer can take part in this activity, as it does not require any specific hardware such as the application-specific integrated circuits (ASICs) required these days to mine bitcoin.
Monero uses a proof-of-work (PoW) algorithm that was designed to be accessible to a wide range of processors, a specification that was included to ensure that mining was open to many different parties instead of just large mining pools.
The cryptocurrency's block time is approximately two minutes. Monero offers miners a 'permanent block reward', which is described as follows:

"The block reward will never drop below 0.3 XMR, making Monero a disinflationary currency: the inflation will be roughly 1% in 2022 and go down forever, but the nominal inflation will stay at 0.3 XMR per minute. This means that there will always be an incentive for miners to mine Monero and thus keeping the blockchain secure, with or without a fee market."

At the time of reporting, the block reward was roughly 7.46 XMR, meaning that the monero network was producing approximately 224 XMR per hour and 5,376 XMR a day. The network hash rate was 81.84 million hashes per second.

Price volatility

The price of monero's XRP token has experienced significant volatility at times, climbing nearly 70% in the last month and more than 1,300% since it began trading on CoinMarketCap. Since inception, the cryptocurrency has fluctuated between roughly $0.25 (in January 2015) and close to $60 (in May 2017).
While some market observers might interpret this volatility as making monero less credible, sharp price fluctuations provide opportunities for traders. Traders can buy monero using both fiat currencies and cryptocurrencies, which might motivate them to buy and sell it in an attempt to make a profit. They might also use the currency as a hedge for other cryptocurrencies.
Because monero has received the acceptance of multiple dark web marketplaces and has generated significant visibility for its ability to provide users with a high degree of privacy, it is less speculative than competitors like zcash.
Going forward, monero's price will be a function of supply and demand. The former is ever-increasing, and the latter is unknown. Interestingly enough, this uncertainty might prove compelling to investors, giving them an opportunity to speculate on the cryptocurrency's future value in an attempt to generate strong returns.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.
Monero image via Pete Rizzo for CoinDesk

LOCAL BITCOINS TRADES PLEADS GUILTY TO MONEY TRASMITTER GHARGE

LocalBitcoins Trader Pleads Guilty to Money Transmitter Charge

ADVERTISEMENT

A Michigan LocalBitcoins trader plead guilty last week to operating an unlicensed money services business.
Federal prosecutors alleged that Sal Mansy, a resident of Detroit, advertising a bitcoin buying and selling service through LocalBitcoins, conducting $2,400,000 worth of business between August 2013 and July 2015.
According to court documents, undercover agents engaged in two trades between December 2014 and March 2015 with Mansy, for an amount totaling roughly 6.32 BTC – an amount worth a total of just under $1,900 at then-current prices.
Mansy is the second user of LocalBitcoins to plead guilty to the unlicensed money service charge this month. Missouri resident Jason Klein plead guilty to selling bitcoin to undercover agents on five separate occasions, and a seller from Rochester, New York named Richard Petix plead guilty to the same charge a week prior.
Court documents detail how Mansy would purchase bitcoin through digital currency exchanges Coinbase and Bitstamp, later selling the digital currency on LocalBitcoins and depositing the proceeds into bank accounts connected to a company he operated, TV TOYZ, which was also named in the government’s lawsuit.
Coinbase, according to a prosecutorial filing from 15th May of this year, closed Mansy’s account in June 2014 after questioning him about the nature of his account. Communications between Mansy and support staff for Coinbase and Bitstamp were included in that document, showing how both exchanges raised questions about Mansy’s bitcoin purchases and whether he had registered with the US Financial Crimes Enforcement Network (FinCEN) as a money transmitter.
The prosecutorial document shows that Mansy argued, in discussions with the US Department of Homeland Security, that he wasn’t operating a money transmission business.
"According to Mansy, he had looked up the money service business requirements on the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) website and determined that his business model did not apply to that of a money service business," the filing stated.
Mansy faces as many as five years in prison and $250,000 in fines at sentencing later this year.

BIT COIN PREZZO REALE AGGIORNATO

    https://cex.io/bitcoin-calculator

RIPPLE PLEDGES TO LOCK UP $14 BILLION IN XRP CRYPTOCURRENCY

Distributed financial technology firm Ripple is on the verge of locking up billions of dollars worth of its native XRP cryptocurrency inside dozens of smart contracts designed to hold value in escrow until a certain time, or certain conditions are met.
The move to voluntarily freeze its own assets in escrow contracts is designed to combat fears that Ripple might flood its booming market with some of the $16bn worth of cryptocurrency it currently stores and that resulted from holding large amounts of its own currency that hasn't been made available to the public.
Specifically, the San Francisco firm has promised to lock-up 88% of those funds, or about $14bn worth, in a series of smart contracts that briefly make 1bn XRP available each month for a period of at least four-and-a-half years.
Revealed today exclusively to CoinDesk, Ripple hopes the self-inflicted freezing of funds will give XRP owners and aspiring owners a sense of certainty that the market will not suddenly be flooded with the currency, potentially lowering the price.
While Ripple CEO Brad Garlinghouse argued in interview with CoinDesk that flooding the market would be irrational, and go against his firm's own self-interest, he added that it was time to move the tokens to the smart contracts and remove the element of trust altogether.
Garlinghouse said:

"We want to make sure that the Ripple Consensus Ledger is the most robust, and that XRP is the most liquid, and I think this is a very positive step towards that."

Currently, Ripple’s market cap is listed on most tracking sites as about $11bn, based on 38.3bn XRP in circulation. But unlike other cryptocurrencies including bitcoin and ethereum, not all the cryptocurrency is in circulation. In fact, according to Ripple’s own numbers the company owns almost twice the amount in circulation, or 61bn XRP.

A sense of security

To help give potential future XRP owners certainty that the market won't be flooded with this trove of cryptocurrecy, Ripple built 55 smart contracts using its own escrow feature released for public used in March, each holding 1 billion XRP and expiring on the first day of every month for a period of 54 months.
As each contract expires, the cryptocurrency will briefly become available for Ripple to use as it sees fit.
Historically, Garlinghouse said funds have been spent at a rate of about 300m XRP per month for the past 18 months to incentivize market makers to offer tighter spreads for payments, methods he describes as Ripple being "good stewards" of the nascent XRP economy.
For example, he says funds have also been sold to institutional investors to help raise additional capital above the $93m already raised to help pay for engineers that oversee the open-source code base. Then, at the end of the month whatever XRP is unused will be added to the end of the escrow queue in the form of an additional month-long contract, starting the process all over.
A specific time-frame to implementation has not been revealed, but Garlinghouse expects the process to be completed by the end of this year. Head of research at Ripple investor Blockchain Capital, Spencer Bogart, said that if the contracts are safely implemented they could positively impact XRP user perception.
"The fact that Ripple owns the majority of outstanding XRP and could potentially flood the market with supply has historically discouraged investors from evaluating XRP any further," he told CoinDesk. "Properly implemented cryptographic escrow with sufficiently limited supply would go a long way toward alleviating that particular fear."
Blockchain Capital does not currently have a stake in XRP, he said, but does own equity in 
the company.

More than speculation

Collectively, the total number of XRP in existence is worth about the same as the entire bitcoin market cap, elevating the stakes far beyond just cryptocurrency speculation in its own right.
In addition to the cryptocurrency's explosive growth over the past few months, the company that wants to make it easier for banks to send each other cross-border payments has continued to grow the number of its partners.
With the help of Germany’s former Minster of Defense who is an advisor to Ripple the company has been increasingly engaging global customers. For exmaple, the firm recently added 10 new financial firms to its network and completed a pilot with 47 global banks.
While Garlinghouse said the banks weren't among the XRP owners concerned about Ripple flooding the market with currency, he does believe that the more stable sense among open-source developers of liquidity being released into the wild could result in increased activity among the community.
In the end, the result could in fact trickle down to the banks as the end users, he said. The increased liquidity being created by the cryptocurrency safely entering the market could in turn make it easier for a larger number of banks to conduct transactions without negatively impacting the price of doing so.
Garlinghouse concluded:

"I think increasingly, the market has realized that if we have a bank using us for messaging and settlements, there’s an opportunity to also introduce them to how they can lower their liquidity costs by leveraging a liquidity solution enabled through XRP."

RIPPLE'S WRP TOKEN SETS NEW ALL-TIME PRICE HIGT

The price of XRP, the token that powers the Ripple Consensus Ledger, continued its upward movement today, building on recent gains to hit a new all-time high.
Overall, the token's price climbed to as much as $0.33 at roughly 11:25 UTC, representing a roughly 40% gain in the space of just 24 hours, according to data provider CoinMarketCap. The cryptocurrency fell to less than $0.029 less than a month ago, and has climbed more than 1,000% since then.
As for what caused this sustained rally, analysts identified a few key factors.
Several traders pointed to fear of missing out (FOMO) as driving XRP's continued price gains.
This fear is playing a key role in causing the cryptocurrency to push higher, Marouane Garcon, founder of private blockchain investment firm Loch Loyal, told CoinDesk:

"When something runs like XRP is running, people want in."

 

 Garcon stated that there is "definitely a snowball effect," adding that it is difficult to blame investors for being interested when XRP is producing impressive gains.
Also providing tailwinds was an announcement by Ripple to add clarity to how it will manage its own holdings of XRP, and how it will use its funds to power its projects.
As revealed to CoinDesk earlier today, the company plans to lock up $14bn in funds, announcing a plan that staggers how such funds can be accessed.

Bank backing

While analysts emphasized the importance to FOMO, they also pointed out that Ripple has the backing of major banks, a development which they cited as contributing to the cryptocurrency's recent price rally.
Petar Zivkovski, COO of leveraged cryptocurrency trading platform Whaleclub, weighed in on this situation, stating that he believes the distributed ledger network is developing a unique value proposition in a growing field of competitors.
"Big money is betting that Ripple will power bank-to-bank and bank-to-consumer international money transfers in the future. Remittance is a [$500bn per year] market and Ripple has made great headway into it by partnering with major banks," he said.
He further told CoinDesk he now believes new money is being invested into the platform's cryptocurrency as a result of its recent gains.

Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Ripple.

Ethereum's Ether Token Passes $100 Price For First Time in History

The price of ether, the cryptocurrency that powers the world's second-largest blockchain platform, ethereum, passed $100 today to reach a new all-time high today.

ADVERTISEMENT

Up 25% over the last 24 hours, the price of ether has now increased more than 1,000% on the year. (It was trading at roughly $8 on 1st January.) At press time, the cryptocurrency had a market cap of $9bn, according to figures from data source Coinmarketcap, a service that aggregates the price across available exchange APIs.
The development further comes at a time when the network is fast gaining traction among open-source innovators and enterprise firms.
Not only has ethereum emerged as the principal platform for initial coin offerings (a process by which entrepreneurs working on blockchain projects sell a cryptographically scarce resource to raise funding), but major institutions including JP Morgan and Bank of America are developing projects on private versions of its software.
On the markets side, the development comes amid strong and continued demand for the token.
Ether volume accounts for 20% of the total cryptocurrency market volumes, below bitcoin (46%) and ahead of litecoin (11.38%), according to Coinmarketcap data.
Overall, the milestone comes just a day after analysts predicted the ether price would push above the $100-mark amid what they described as a "massive bull run".
For more information on ether, explore CoinDesk's new Ethereum Guides.