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Category Archive: dao

Holy Transactions, Not a Myth

Some have always known, some were not ready yet.

Holy Transactions, Not a Myth

With the first creative campaign “Not a Myth”, we at HolyTransaction target the new Crypto-generation with an almost-irreverent and fresh concept, while blinking an eye to our fellow old-school Believers.

It’s the year 9 after Bitcoin. 

And today, we are proud to stand still in front of all our customers and supporters, announcing a new era for our common venture. Launching our first creative campaign. Reaching out to new shores.

We are here to empower people, and engage the world in the greater adoption of this new and exciting technological revolution. And so far, we made the most popular digital currencies accessible, storable, tradable, and secure for every user in our community, all from one single account.

Now, it’s time to celebrate.

Holytransaction 25 crypto supported

Follow us on our official twitter account @holytransaction and get to know everyone in the Crypto-Pantheon at https://holytransaction.com/landing/not-a-myth.html

Holy transactions are not a myth anymore.

About HolyTransaction:

HolyTransaction SA was launched in 2015 and since then it provides crypto enthusiast with the most complete and user-friendly platform to store and exchange multiple currencies. Indeed, in its first five years of business HolyTransaction already managed to make 25 of the most popular digital currencies accessible, storable, tradable, and secure for every user in our community; all from one single account.

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

Jack

Microsoft Smart Contracts: a working group to improve security

microsoft_smart_contracts
Today the tech giant announced it is working on a project to improve Microsoft smart contracts security.
Called Kinakuta, this working group aims at making it easier for companies to use and develop smart contracts based on the blockchain. 
Even if more and more businesses are increasingly expressing interest in blockchain based smart contracts, concerns about this kind of use case grew after the DAO collapse
Since then, Microsoft decided to improve smart contracts security to avoid further issues in the future. 
Marley Gray, Microsoft’s director of business development and strategy, in fact, believes that their project could reduce future risks. 
“We feel there’s a huge opportunity here to involve the community. Kinakuta is the community building around Microsoft best practices and elsewhere, to collect best practices and tools and involve developers in creating these best practices.”
Gray explained that there are 35 developers and companies that the company decided to call for the Microsoft Smart Contracts group. These include the Ethereum Foundation, R3CEV and BlockApps.

Vitalik Buterin on Microsoft Smart Contracts

Vitalik Buterin, Ethereum Creator, commented that he doesn’t believe that this new project could necessarily stop future collapses like DAO.
“There will be further bugs and we will learn further lessons,” he explained in a blog post.

Microsoft Smart Contracts: a whitepaper with Harvard

Previously, Microsoft released a research realized with Harvard that explained how ethereum smart contracts will work.
This whitepaper proposes a method called “formal verification”, or the way to prove the correctness of a smart contract; also it proposes two tools to help verify smart contracts: Solidity and EVM.

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

Satoshi

Why the Ethereum DAO collapse is good for the cryptocurrency

<img src="/images/ethereumdao.jpg" alt="Ethereum Dao" height="264" width="350" />

The news of the Ethereum DAO hacker attack is riding high and of course it brings lots of damages for the ethereum investors who stored about $150m of the cryptocurrency. 

However, it is always a good behavior to understand and see the other side of the coin, we would say. 
In fact, any negative event can allow to have a better environment and more secure technologies. 
A similar thing happened with the Mt Gox disaster, when we learned that an exchange must be built with more care and attention.
As Matthew Spoke, co-founder and CEO of blockchain startup Nuco, explained on Coindesk.
“the DAO attack will likely be reversed, as per Vitalik’s proposal; owners of TDT will be able to retrieve their ETH after the proposed hard fork; The DAO will be emptied of its investments; and future distributed autonomous organizations will learn from the lessons”.

Ethereum DAO: what happened?

On June 17th, an unknown hacker (or a group of hackers) stole $60m in Ethereum coins from the DAO, a decentralized autonomous organization that used the Ethereum Blockchain to leverage smart contracts and to provide a platform where people can vote and fund projects. 
Previously last week the DAO experienced another issue but it was fixed soon by the open-source community and the Etheruem DAO structure and problem-solving techniques.

Universal Wallet 

If you want to have a safe and secure wallet to store your Ethereum, you should visit HolyTransaction. 
Here you can store your Ethereum, but also several other digital currencies including Bitcoin, Litecoin, Dogecoin and more. 

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

Satoshi