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Category Archive: block

Welcome to the Universal Wallet and Exchange, BLOCKv.

If you thought about holding or exchanging VEE Token, now you can do so directly with your HolyTransaction Universal Wallet.

It’s now possible to add VEE wallet to your dashboard and use it to access and exchange 23 different crypto, instantly. This is just one of the many recent adoptions – which we are very proud of – that brought the number of cryptocurrencies accepted on Holytransaction to 23.

Now you are free to store VEE on HolyTransaction, transfer them to any other wallet, and make crypto-to-crypto transfers from and to VEE. All HolyTransaction customers can create a new address for their own VEE Token Wallet.

VEE Wallet features
Just like Bitcoin and all the other 22 digital currencies supported, you can now:

• Send VEE Token to any address, even to addresses of other crypto, with instant conversion on the fly;
• Receive transactions;
• Exchange VEE Token with any supported coins;
• Make instant transactions between HT users;
• Get real time exchange rates on the website;
• Set OTP for additional protection.

If you are not able to see your newest VEE Wallet, you just need to click on the “plus” button on the top right of the balance page, once you successfully login into your own wallet.

BlockV. The interface layer to Blockchain.

WELCOME TO THE EXPERIENTIAL ECONOMY. That’s how BlockV greets his audience, by announcing a new (and initially confusing) paradigm of economy.

And it is really doing so. The audacious team, indeed, is bringing to life a futuristic AR/VR platform where merchants and consumer can create and exchange digital goods. The existence and ownership of these digital assets called  vAtom is certified on – and by – the blockchain. 

The vision, fueled by VEE Token, is to unlock new perspective and new revenue with smart digital objects built on the blockv protocol.

We already live in a future where anyone can own virtual objects that are unique, verifiable and tradable, and that can exist across different environments (AR, VR, mobile phones, TVs, tablets, etc.).

Mindblowing, if you ask to the author…

VEE THE FUEL OF THE EXPERIENTIAL ECONOMY

VEE are smart contract tokens built to the ERC20 token standard. They are an integral part of the BLOCKv open-source development environment. BLOCKv and each of its composite parts require VEE to fuse the BLOCKv ecosystem together and provide a mechanism for rewards and collaboration.

Any operation on the BLOCKv platform is powered by VEE. Developers are incentivized with VEE to experiment with revolutionary technology. Creators are rewarded in VEE whenever anyone uses their innovations (sourced from https://blockv.io)

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Jack

THAT’S WHY $440 BITCOIN PRICE IS LOW

Today Daniel Masters, ex trader at JP Morgan, published an interesting article about the bitcoin price on Linkedin. 
In this article, Masters comments the upcoming halving of rewards for the miners and its impact on the current bitcoin price.
Back in 2012, the mining activity reached the level of 210,000 blocks mined and the first halving occured, taking rewards down from 50 to 25 BTC. 
Right after that, the bitcoin price raised significantly, from $7 to $11 in nine months. 
We are now at roughly 409,000 blocks, and the next halving will take place at 420,000, a level that is estimated to be reached by next july. 
At that time rewards will lower again, from 25 to 12.5 BTC.

Bitcoin price will rise

According to Masters, it’s reasonable to expect another price rise following this event. 
Here is his explanation:
“Prices so far in 2016 have been relatively stable. That tells me that there is enough new investment and real time demand to match the creation of $575m new coin. It seems obvious that if that dollar-sized demand persists, which I believe it will, that the price of bitcoin must rise to meet it”. 
In a few words, it’s a simple matter of offer and demand, exactly the same way as it happens in the oil market, where a reduction in production determines a rise in price, given a stable demand. 
That’s basically why the current level of $440 is to be considered low.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Ethereum Launches Homestead

Blockchain project Ethereum has just launched Homestead, the first release of its software implemented at block 1,150,000.
ethereum launches homestead, homestead release
This new implementation comes at a time when more and more financial institutions and startups are revealing their interest in Ethereum and in creating projects related to the blockchain. 

Just a few days ago, in fact, we talked about how Ethereum now is bigger than ever

Special advisor at Ethereum Foundation, William Mougayar, explained that Ethereum processes almost 25,000 transactions per day: about 10% of the number of Bitcoin.

“You need to look at the growth of the Ethereum network via the growth of its nodes, sitting at 5,100 versus bitcoin’s about 6,000 roughly. That’s quite significant and shows the stability and global nature of the Ethereum network,” commented Mougayar.



Homestead vs Frontier

Homested is preceded by Frontier, that was released in July 2015. 
Co-founder of ConsenSys Enterprise, Andrew Key, commented that Homestead will help users to expand their possibility on Ethereum and the simplicity that will allow them to be able to build proof-of-concept products.
Keys said to CoinDesk:

“Homestead’s arrival will begin to demonstrate the next generation of blockchain technology, whereby anything we can dream of, can be accomplished in a decentralized manner using Ethereum.”





“We’ve seen Microsoft and IBM doing projects on Ethereum. There’s a lot of coders. It’s exciting to see something you were in on in the early stages growing and bearing fruit,” said Ethereum co-founder Anthony Di Iorio.


Ethereum helps Car Charging

In Germany the startup called Slock is working with RWE on a project to use Ethereum for car charging uses.

This project debuted at the Lift 2016 conference in Geneva, Switzerland and it will play out within 2017.
According to the RWE, customers will use charging stations by accepting a smart contract programmed on the Ethereum blockchain.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio