Wednesday, November 2, 2016

ARK - A Platform for Consumer Adoption



ARK - A Platform for Consumer Adoption

If you have been in the cryptocurrency world for even just a day, you might just be asking where can the users use thier tokens to buy stuff online. There are merchants and online stores that actually accepts coins such as bitcoin. As a matter of fact, large companies like Microsoft accepts Bitcoin and Ethereum token. The rest of the coins which never had been exposed to media are kept undervalued and will most probably die in the end if not adopted.

There are hundreds of crypto coins which each has its own community of supporters and all these coins just circulate around those users themselves and the exchanges that listed them. And so before these coins die, there has something to be done to help the team revive it again. The Crypto community can be harsh at times to the coin developers for they usually considers these devs as scammers when the coin turned dead while the bag holders hope for profit.

ARK is a platform for consumer adoption to which will be the answers to solve all these issues through the SmartBridge helping to expand the features of a coin for its adoption to the community. Thus cryptotraders like me may not have to rely solely to the speculations but will also considers the features and the uses of the token/coin in the market. By providing all these features to the undervalued coins, ARK platform is therefore achieving its objective which is increasing coin's consumer adoption with the focus on fast secure technology and practical services for everyone.

Contrary to what you may think as of now, ARK platform don't provide direct support for side chains or dApp but instead a system that will connect functions together within the ARK network to which we call SmartBridges. Some examples of what was planned are InterPlanetary File Syste m (IPFS), InterPlanetary Database (IPD), InterPlanetary Linked Data and Practical Byzantine Fault Tolerance (PBFT) ​to name the few. All these can bridge together useful features allowing communications between blockchains with the ability to perform functions and certain tasks.

If you wanted to know more about ARK, you can visit their announcement thread on bitcointalk.org or simply go here.

The ARK TEC runs from November 7 to December 11 of 2016.
Check it out here - https://tec.ark.io/#bittraffic



Sunday, September 18, 2016

The Shadow Project - An open source project aiming to be the core of privacy


Shadow Currency | ShadowChat[EM] | ShadowSend[Stealth] | ShadowGo[Mobile]


Since Bitcoin was introduced to the online community, it helped enthusiast who are very much concerned of their privacy particularly but not limited to the criminals to make transactions freely over the internet without even sending their information to people they are transacting with. Online anonymity is key to saving yourself from identity theft. The bulb over my head started to blink rapidly when I first tried using bitcoin as well. But shut it out because just when the crypto technology had help the drug market online become busy, people got arrested because law enforcers infact found out its not that safe as what criminals thought. A lot of them were arrested from selling drugs, extorting and money laundering, they were put behind bars already. And the worse thing about being caught using bitcoin with their criminal activities is that they are also exposing the whole list of transactions being made from the past due to the online ledger. This will lead authorities not just to the people involve but also to the loved ones which they have taught about bitcoin. This is just one of the drawback of using Bitcoin. NOT that I'm one of the criminals but then I'm a privacy advocate and the governments have stupid laws and so people like me likes to break.

Anyway, Shadow Project was developed to solve all these privacy issues for us. All though there are few coins which has established themselves to have offered privacy and untraceable feature as an alternative for Bitcoin, ShadowCash (SDC) introduces a much higher level of privacy and anonymity and its unlinkable. The Shadow Project is building an encrypted digital ecosystem to which a user can send to SDC to a Stealth Address and wraps it with the non-interactive zero knowledege proofs (NIZKPs) to unlink both parties to their identities. Now, this Non-interactive Zero Knowledge Proofs (NIZKPs) will help prevent the transactions not to be visible by anyone through ring signature. This is how ShadowCash works if you intend to know more about it. Check thier official thread too so you know how huge the community that supports it. Click here.

Why is there the need for us to give importance to our privacy online?

Whether you are a privacy advocate, a criminal hiding behind a bitcoin address or simply just an online user who is somehow trying to buy something from an eCommerce site such as amazon, you will definitely need to protect yourself from identity theft as they are very common these days. You wouldn't want to see yourself on the web pages being accused of scamming due to your identity being known to the public. Bear in mind that an email address registered to a website is already an identity given freely. While we recommend using just a throwaway email address, we certainly recommend using ShadowCash for your transactions. Sooner SDC project will launch an ecommerce site for which we could use to buy stuff online. Get yourself some SDC now, invest and expect profit in the future. Remember, it would be hard to defend yourself when you are already being judged and bashed by victims you didn't really have any contact with.

Scammers are also smart individuals and can create details to make people buy what they are saying. Whats worries some is that they now started to fake linkedin profiles to scam people online and it can be a nightmare if they use your information to scam. If you are aware of some Initial Coin Offering (ICO) in bitcointalk.org forum, you'll realize that programmers themselves are victims of identity theft.

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