Category Archive: Ethereum

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BAT

Welcome to the Universal Wallet and Exchange, BAT Token

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

It’s now possible to add BAT wallet to your dashboard and use it to access and exchange 21 different crypto, instantly. This is just one of the many recent adoptions, which we are proud to announce and that brought the number of cryptocurrencies accepted on our platform to 21.

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

BAT Wallet features


Just like Bitcoin and all the other 20 digital currencies supported, you can now:

  • Send BAT Token to any address, even to addresses of other crypto, with instant conversion on the fly;
  • Receive transactions;
• Exchange BAT 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 BAT 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.

Basic Attention Token:

Introducing a decentralized, transparent digital ad exchange based on Ethereum Blockchain.

Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain. The token can be used to obtain a variety of advertising and attention-based services on the Brave platform. The utility of the token is based on user attention, which simply means a person’s focused mental engagement.

In the ecosystem, advertisers will give publishers BATs based on the measured attention of users. Users will also receive some BATs for participating. They can donate them back to publishers or use them on the platform. This transparent system keeps user data private while delivering fewer but more relevant ads. Publishers experience less fraud while increasing their percentage of rewards. And advertisers get better reporting and performance.

The first part of the solution, the Brave browser, is already operational. Brave is a fast, open source, privacy-focused browser that blocks ads and trackers, and contains a ledger system that anonymously measures user attention aggregate to accurately reward publishers.

Discover all the details on the official website https://basicattentiontoken.org

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

Jack
pexels photo 905869 1

5 Gold Trading Lessons for Today’s Cryptocurrency Investors

Holytransaction, 5 Gold Trading Lessons for Today’s Cryptocurrency Investors

For people who have traced the movements of Bitcoin since its inception, it’s hard to believe that it has only been around for less than a decade. As discussed here on HolyTransaction, the world’s first cryptocurrency has had a wild ride so far, from the downright bizarre (two pizzas for 10,000 BTC) to the extremely exciting. As of the start of the year, Bitcoin’s market cap was valued at $280 billion (€226 billion), with cryptocurrency like Ethereum following at impressive valuations of $90.4 billion (€73 billion).

These figures make investing in cryptocurrencies incredibly tempting, but also quite daunting. With such a young market, there aren’t a lot of set rules or trends that can help guide you on your investment journey. This is where looking at similar trading commodities like gold and other precious metals come in. After all, FXCM explains that gold trading is simultaneously one of the oldest and most exciting ways to invest in global markets, and this remains true whether in times of war and turmoil or peace and prosperity. With the right focus and lots of discipline, there’s plenty of wisdom to be uncovered from looking at the history of gold trading.

Whether you’re a beginner looking to dip your toes into the cryptocurrency pool or an experienced trader hoping to build your wisdom in Bitcoin investing, here are five golden lessons for today’s cryptocurrency investors.

Diversify, diversify, diversify!

This tip seems basic, but focusing on a single trading commodity remains one of the most common mistakes investors make. A conservative position in gold investing means a maximum of 10% gold in your portfolio, and this is something that you can keep in mind when investing in cryptocurrencies. This can not only protect you from unexpected Bitcoin price dips, but can also open up better growth opportunities with lower risks and good returns. From the over 1,300 different cryptocurrencies in existence, This is Money recommends looking into altcoins like Litecoin, Monero, and Dash this 2018.

Stay calm in the face of volatility.

Gold can easily swing by a hundred pips and reverse every few minutes, which means trading in gold requires a certain degree of thick skin and steel-like determination. These are also very handy when trading cryptocurrencies, which are infamous for their volatility. In crypto-speak, be ready to “HODL”, or hold on for dear life (your coins), even when everyone else is panicking.

Set a loss limit.

Be sure to set acceptable loss limits for your investments and avoid buying too much. Financial Times reports that even a trusty commodity like gold has its own set of risks, which means it’s healthy to set stops for each individual trade for a maximum allowable loss that you are comfortable with. Invest only what you can stand to lose, and keep evaluating your trading strategies to learn which cryptocurrencies are best suited for you.

Keep your eyes on the prize.

Whatever your feelings are about shiny yellow metals or blockchain-enabled digital currencies, Forbes claims that these are still commodities that can be sold when prices are high and bought when prices are low. Focus on market trends and see where the prices are heading, and use these to inform your decisions. Pay attention to cycles, growth patterns, and market potential to make decisions, instead of which cryptocurrencies everyone else is buying.

Security and safety is a must.

Last but not least, invest only on trusted trading platforms and certified services. Millions of people have been victimised by gold-related scams and fraudulent brokers over the years, and it’s important to carry the same level of vigilance when carrying out cryptocurrency wallet transactions. Keep your money and investments safe with your free digital wallet here at HolyTransaction.

Do you have any other tips for cryptocurrency trading? Let us know in the comments below!

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

Jack
0X

HolyTransaction adds ZRX

How about opening a Universal Wallet to hold and exchange your ZRX?
From today it is possible as we at HolyTransaction have decided to add ZRX to be among the 20 cryptocurrencies available on our multicurrency wallet and instant exchange.

So from now on you can store ZRX on HolyTransaction, transfer them to any other wallet, and make crypto-to-crypto transfers from and to ZRX. All HolyTransaction customers can create a new address for their own 0x Token Wallet.


ZRX Wallet features

Just like Bitcoin and all the other 19 digital currencies supported, you can now:

• Send 0x Token to any address, even to addresses of other crypto, with instant conversion on the fly;
• Receive transactions;
• Exchange 0x 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 ZRX 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.


What is 0x Project?
0x is an open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain. It is being used for streamline token trading in decentralized exchanges, executing off-chain orders via Ethereum powered smart contracts.
0x’s decentralized trading focuses on an off-chain ordering relay that cuts back on gas prices and reduces network bloat.  Only value transfers are executed on-chain, leaving all other trading commands to off-chain procedures.

The creators have imagined the world to go around the Ethereum blockchain, allowing assets to have everything from digital game items to stocks, gold, and fiat currencies. They imagined tons of different types of tokens, and an opportunity for improvement. There is a huge possibility that by 2020 thousands of assets will be tokenized. In the future, all cross-blockchain solutions will allow cryptocurrencies to freely and move between blockchains, without limits. So the 0x Team created a form where people interested in building a relayer can connect with one another.

Do you want to open your 0x Token wallet? Click here.
Open your free digital wallet here to store your cryptocurrencies in a safe place, while always being ready to exchange it instantly.

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

Satoshi

Ethereum Hard Fork to prevent another DAO collapse

ethereum_hard_fork
Today Ethereum founder Vitalik Buterin released a new statement explaining that Ethereum Foundation will support the Ethereum hard fork, or the blockchain version that includes the hard fork.
The project’s goal is to allow investors to recover funds lost in the DAO collapse.
The DAO was the Ethereum Foundation’s most important project, holding at one time $160m in investor capital in Ethereum cryptocurrency.
The original Buterin statements was not so clear about how the Ethereum Foundation will support the primary Ethereum blockchain and the Classic one.

A new Ethereum Hard Fork to prevent attacks

But the foundation decided for the Ethereum hard fork, executed roughly one week ago, while indicating it would not seek to hinder progress on any alternative ethereum projects, such as Ethereum Classic.
“We recognize that the ethereum code can be used to instantiate other blockchains with the same consensus rules, including testnets, consortium and private chains, clones and spin-offs, and have never been opposed to such instantiations,” wrote Buterin in the announcement.
Also, Buterin encouraged the Ethereum Classic team to execute another hard fork to prevent other attacks by moving classic ethers to new accounts.

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

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

Why the Ethereum DAO collapse is good for the cryptocurrency

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.

Amelia Tomasicchio
hand stamp 1427152

Microsoft to launch an identity platform through the blockchain

The well-known tech giant Microsoft recently started a partnership with Blockstack Labs and ConsenSys to create an open-source platform to integrate both the Bitcoin and Ethereum blockchains.
In today’s blog post published by Microsoft blockchain business strategist Yorke Rhodes III, in fact, he explained that the company will create an open source framework on Azure, where developers can build their own identity applications.
“Microsoft is collaborating with partners Blockstack Labs and ConsenSys, and developers across the globe on an open source, self-sovereign, blockchain-based identity system that allows people, products, apps, and services to interoperate across blockchains, cloud providers, and organizations. Our goal in contributing to this initiative is to start a conversation on blockchain-based identity that could improve apps, services, and more importantly, the lives of real people worldwide by enabling self-owned or self-sovereign identity”.
The possibility to connect this platform to both the Ethereum and the Bitcoin blockchain will take place thanks to Blockstack and uPort systems.
This partnership started during the ID2020 Summit held in New York a few weeks ago.
According to Rhodes, a first version of this framework will be launched within the end of the summer on the Azure platform. 

Identity Problem in the Digital World

identity platform blockchain
According to the post published by Rhodes, 1.5 billion people don’t have a proper identification.
And this makes it difficult for them to have a bank account or access to education and more services.
  • 1.5B people are without proper identification, that’s one-fifth of the world’s population.
  • One in three children under the age of five does not officially exist because their birth has not been recorded.
  • Cumulatively, 230M children under the age of five have no birth certificate; this number is growing.
  • 50M children are born without legal identity, the size of the UK, each year.

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

Amelia Tomasicchio
HTBannerOrange

Ethereum Micropayments: better than the Bitcoin ones?

Micropayments are one the most useful and important use-cases for bitcoin, but a similar system could arrive from Ethereum, a decentralized mining network and cryptocurrency created by Vitalik Buterin back in 2013.
Since the creation of Internet, micropayments have been impossible due to high fee costs and a lack of payment systems that could allow payments in decimals.
But with the invention of Bitcoin – so thanks to Satoshi Nakamoto – today there is a way to do micropayments, as the bitcoin has 8 decimals and payment fees are low; so it is now possibile to pay for digital contents and give a tip on the web.
In a study, the Wedbush Securities company predicted that bitcoin micropayments could be a $925bn market within the end of 2025.

Ethereum Micropayments

One of the first project to use the Ethereum network for micropayments was developed by the Heiko Hees, already CEO of BrainBot, a German startup that works in the smart contract and blockchain consulting sector.
His new project is called Raiden Network and could increase the Ethereum capacity.
Hees explains that his “Raiden network will scale up the Ethereum network from 25 transactions per second to more than 1 million transactions”. 
According to him, in fact, Ethereum could be the biggest provider of micropayments because of its speed and because the transactions would cost less than with bitcoin.
A current problem for the bitcoin users is that blocks take up to 10 minutes to be processed.
Conversely, the Ethereum blockchain needs about 15 seconds for each block.

Bitcoin Lightning Network

In bitcoin there is a similar project called Lightning Network that was released in 2015 by Joseph Poon and Thaddeus Dryja – but this project is not live yet.
Thanks to off-chain transactions- the developers explained – Bitcoin could become easier to use and bring the technology’s capabilities to the next level – also it could be solve the blockchain scalability solve, they said.
However, users can move the off-chain transactions back to the blockchain anytime they want, giving them the ability to end every interaction.

Multicurrency Wallet

<img src="/images/ethereumwallet.jpg" alt="Ethereum Micropayments" height="264" width="350" />
Normally, if you want to store several different cryptocurrencies (Bitcoin, Ethereum, Peercoin, etc.) you need to have ten different wallets, which is difficult to manage.
HolyTransaction want to solve this problem, unifying everything in a single account.
So, do you want to store Bitcoin and Ethereum ?  Open here your wallet for free.

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

Amelia Tomasicchio
windmills 1576113

Nasdaq Blockchain to build a Solar Energy Market

energy_blockchain_projects
Today, during an event organized by Nasdaq, the well-known stock exchange announced its new service that allows solar power providers to sell certificates using its Linq blockchain.
This special solar panels are linked to the Internet connection through a technology created by Filament, a Nevada blockchain startup that built a system able to connect traditional devices to the internet.
Thanks to the Nasdaq private blockchain called Linq, it is possible to create certificates that can be purchased by anyone who wants to finance the solar energy.
Even if there were a couple of bugs, the resultant certificate appeared on the screen during the live video demonstration.
During an interview conducted by Coindesk, Alexander Zinder, director of the global software development at Nasdaq, cleared up how this new technology works.
“The solar panel is actually hard-wired into the IoT device through a converter which enables us to measure the wattage they’re putting out and producing into the grid.”
This innovative project was born thanks to a partnership between Nasdaq and IDEO’s CoLab.
“We think it’s a very compelling use case, but there’s a lot of opportunity, but it’s extremely early in our exploration”, continued Zinder.

Blockchain and energy: Usizo

This is not the first time we hear about a project related to energy and the blockchain.
A few months ago, in fact, we talked about Usizo, a crowdfunding company who is trying to improve energy payments between users and schools in the African country.
Usizo works thanks to a smart meter that accept digital currencies and through a crowdfunding platform where people can donate their bitcoin.
Donators can see the electricity needed by a school and can know how much he will contribute based on the BTC he donates.

Ethereum used for Car Charging

Also, a German power company, RWE, started a partnership with the Ethereum-based startup Slock.it, to develop proofs-of-concepts using the Ethereum blockchain.
RWE Carsten Stöcker commented:
 
“We would like to solve the problems and really push electric vehicle deployment forward by looking into establishing a seamless and affordable electrical charging infrastructure.”

How to pay energy with Ethereum

An American resident used the Ethereum blockchain to sell energy to his neighbors.
The two men did the transaction through the LO3, a startup that aims at changing the energy industry.
Lawrence Orsini, founder at LO3, explained that his startup wants to show how people can use the blockchain on a daily basis to facilitate their peer-to-peer exchange.

MULTICURRENCY WALLET

To store your Bitcoin, Ethereum and other cryptocurrencies (such as Litecoin, Dogecoin Peercoin, Blackcoin and more) you need an online wallet.
Here you can open your for free on our HolyTransaction plaftorm.
Click on the link above to read all the info you need.

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

Amelia Tomasicchio
lo3energy

Ethereum Used for Paid Energy

An American resident used the Ethereum blockchain to sell energy to his neighbors.
The two men did the transaction through the LO3, a startup that aims at changing the energy industry. 
Lawrence Orsini, founder at LO3, explained that his startup wants to show how people can use the blockchain daily to facilitate their peer-to-peer exchange.
During an intereview with Coindesk, Orsini commented:
“All the projects that we’re working on are squarely focused on the emerging distributed economy, peer to peer concepts. They’re all squarely focused on distributing and decentralizing assets into communities, into people’s hands, the new economy of the future.”
Thanks to LO3 and ConsenSys, the American resident Eric Frumin had the chance to sell renewable energy directly to Bob Sauchelli, the former program manager at EnergyStar
The energy created by Frumin’s solar panel is tracked on the blockchain. 
Sauchelli commented:
“With this arrangement, I’m going to pay him the whole premium, it won’t cost me anymore. I’m going to pay him what I’d pay the power company, but he’s going to get the whole premium, not just the wholesale rate”.

Bitcoin for Electricity

It’s not the first time we hear about electricity sold for cryptocurrencies and tracked through the blockchain.
In fact, during the MIT Enterprise Forum of Cambridge it was presented a new startup called Usizo, a crowdfunding company who is trying to improve energy payments between users and schools in the African country.

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

Amelia Tomasicchio