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Dogecoin Price Prediction 2020 2025 2030: Future Forecast for DOGE

Dogecoin Price Prediction 2020 | 2025 | 2030: Future Forecast for DOGE

Dogecoin

In this forecast, we will put out our own and market’s opinion

(both from popular algorithms and experts)

on Dogecoin future while discussing Dogecoin price forecast for 2020 and beyond. Now, let’s delve deep into the Dogecoin price prediction and answer questions if Dogecoin is a good investment or not, why will Dogecoin succeed or fail or while will Dogecoin price rise or drop, let’s quickly do a review on Dogecoin and its to date history.

Our DOGE Price Prediction for 2020

Dogecoin is currently out of the top 30 coins in the cryptocurrency market ranked by market cap. Even though market capitalization has been proven time and again, as a lacking measurement for a coin’s success, it is still the benchmark when it comes to cryptocurrencies. Dogecoin, as the rest of the market, is tied at the hip of bitcoin’s price action. If bitcoin embarks on another bull run, Dogecoin can hope for one as well. Since a strong Bitcoin move in 2020 is very likely, we can expect some swings and moves upwards by DOGE as well. So 2020 will be a year of potential big moves (more likely upwards) and we can see Dogecoin at least doubling its end of 2019 price value. Of course, we speak about Dogecoin price denominated in USD. In terms of its BTC value, it is more likely that BTC will outperform it and DOGE will be worth less Satoshis by the end of 2020. It seems that Dogecoin price will end the year in a tight bear grip, just like the rest of the cryptocurrency market. Next year doesn’t look to bright either in our opinion.

DOGE-BTC Price Correlation

The vast majority of trading that occurs in the crypto markets are between BTC and altcoin trading pairs. Since most altcoins do not pair with fiat currencies (and only a few are paired with stable coins like USTD), Bitcoin is the next best option. Therefore, when Bitcoin is stable, it forms as the ideal base currency for buying altcoins (which is why altcoins tend to do well when Bitcoin goes sideways).

Correlation is measured on a scale from -1 to 1. Values above 0 shows the degree to which altcoin is moving in the same direction as BTC prices (either up or down in tandem), and values below 0 shows the degree to which altcoin moves in the opposite direction of BTC prices (so when BTC goes down, altcoin goes up, or vice versa). Values around 0 shows that when BTC price moves, altcoins stays steady, or alternatively that when altcoin moves up or down that the BTC price is staying steady.

Based on the correlation analysis, BTC and DOGE have a strong positive relationship. The correlation coefficient of their prices is 0.44, which was calculated based on the previous 100-days’ price dynamics of both currencies. What all of this aims to convey is, Dogecoin price is highly dependent on bitcoin price action. Individual price analysis for a particular coin makes sense only in a narrow set of circumstances. Technical analysis is even more lacking for a long-term forecast of a coin’s future. The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market. 

Vitalik Buterin, co-founder of Ethereum said:

“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”

Dogecoin Projections 2020 – 2025

As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will DOGE be among those 5%? If we are honest, there is not much going on for Doge aside of this welcoming and ardent community. It is unreasonable to expect a long-term Dogecoin survival if that is the only hinge for the project.

Dogecoin (Doge) Price Predictions by Market and Experts

#1 WalletInvestor Dogecoin Price Prediction
By the end of 2020, Dogecoin may certainly reach $0.00263 according to the algorithm from walletinvestor.com that does automatic technical analysis on all coins on the market.

#2 CoinPredictor.io Dogecoin Price Prediction
Another relatively popular site for price predictions forecasts that in December Doge price will be around $0.00026.

Dogecoin Price Prediction 2025

According to some crypto prediction algos, in a 5-year span, Dogecoin is expected to reach $0.04 mark. Dogecoin price prediction by Coinswitch implies that the Dogecoin price is up for a long-term gain and in 2025, the Dogecoin price is forecasted to stand at around $ 0.044.

Dogecoin Price Prediction 2030

Even though this is a Dogecoin prediction article, making a Dogecoin forecast for 2030 is a ridiculous thing to do. There is no price chart or price analysis that can make a reliable Dogecoin projection for such distant future. If it lives long enough to see 2030, though, Dogecoin might actually be a very sought after commodity.

Dogecoin Price Prediction 2040

2040 is two decades away, making a Doge price prediction even more preposterous and senseless task. For fun, let’s say future price of Doge will be $2.

Why will Dogecoin succeed?

Reasons for Dogecoin to go up and rise in price are scarce. It is still one of the favorite jokes around, even Elon Musk joins the fun occasionally but we simply do not see the grounds for Doge long-term success. Its use case is already taken up by bitcoin and other more serious projects. Dogecoin could hybernate its way into the future as a sentimental value that early adopters keep cherishing and using for meme and joke purposes.

Why will Dogecoin fail?

The biggest threat to Dogecoin is one of their biggest advantages: their use case. This is a joke coin – never meant to stay alive this long, nor to reach these market caps and market exposure. Eventually, the joke will stop being funny and the project will get delisted and effectively killed by the exchanges.

Will Dogecoin ever reach $1?

Every option is a possibility but with different probability of happening. Should bitcoin enter a bull run similar to the one from 2017, Doge price prediction will look much brighter as price of Dogecoin can surely climb up to its previous all time high, but reaching $1 is a holders pipedream and borderline fantasy. So, quick answer to the question will Dogecoin hit $1 is a BIG NO.

Is Doge dead?

No, judging by the team activity on social media, github, their own website. Their communities on Reddit and Telegram are also active, although much lower engagement levels are noticeable when compared to 2017. Coin is also still listed on all major exchanges which indicates that Dogecoin is far from a dead project.

FAQs

Can Dogecoin reach $10?

No. If Doge was to reach $10, bitcoin would have to be at $1 million per coin (assuming that their value ratio stays the same, very unlikely).

Can Doge be mined?

Yes, Dogecoin is a PoW coin that can be mined with the so called merged-mining techniques.

What makes Dogecoin go up?

Speculation. Speculators are still majority in the crypto markets and they don’t care what they buy as long as they think it will bring them money.

When will Dogecoin go to the moon?

Depends on the definition of the moon. If we are honest, Dogecoin had its zenit and it is all downhill from now on.

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How high can Dogecoin go?

Considering Doge has a huge supply and no real world use, its upside potential is limited by pure market speculation and forces it can produce. If the overall crypto market rockets into another mania, Dogecoin could beat all the odds and reach insane heights. But that is not likely to happen any time soon.

Dogecoin can’t be killed

Ever since its founder Jackon Palmer departed the community in 2015, the development has waned and prophecies about imminent Dogecoin death started floating around. However, as one of the Doge developers told CoinDesk back in 2017, it is pretty hard to “kill a cryptocurrency”. “Cryptocurrencies are “a bit zombie-like”, Nicoll said. “It’s very, very hard to kill a cryptocurrency.” Some might call a valueless cryptocurrency ‘dead’, but that would be missing any educational or entertainment value the token might provide. For instance, Nicoll said even after the 2014 fork, shibes were moving the old version of the coin around for about five or six months. “It was a functional currency, but you couldn’t use it at shops or on exchanges. We don’t know why they were doing it, but they were having a whale of a time,” he said.

What are the best crypto portfolio apps?

But how do you really kill it? The proverbial headshot for a ‘zombie coin’, according to Nicoll, would require removing the original code from GitHub, making it exceedingly hard to recreate it since very few people keep copies of source code material. Yet the nature of open-source software means that, in that rare instance, copies of the code could still be floating out there somewhere on the internet.”

Use cases emerging

Biggest ace in the sleeve for Doge future is its current most frequent application as a tipping currency. With websites like Litebit, Anycoin, Suchlist, keys4coins, dogegifts, clockworkcrypto and an official Reddit tip bot (there is talk of a Telegram tip bot as well), more and more ways of spending your DOGE are popping up by the day. Dogecoin is very much in line with the United States’ “tip culture”, and with the rise of reward culture on the Internet in the world, Dogecoin will also be widely used. Compared to expensive Bitcoin, the threshold for Dogecoin is even lower, and it’s much cuter. Dogecoin could become the most popular “tip cryptocurrency” in the U.S. Internet. Despite the bear beating the Doge during this extended period of crypto slaughter, 1 Doge is still worth 1 Doge and much wow is not going anywhere!

Article Produced By
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

https://captainaltcoin.com/dogecoin-price-prediction/

Heiko Closhen, Entrepreneur

What is Ethereum Staking And How Do You Stake Your ETH?

What is Ethereum Staking And How Do You Stake Your ETH?

Ethereum is switching to Proof of Stake some time this or next year (with all the delays,

hard to set a date). The Casper protocol has been formalized, the specification is complete, and now the implementation phase can begin. Depending on how long it takes to implement and test may determine how it all plays out. The question is will it actually be worth it to stake Ether in the first place? Will people be able to do it securely? And what should you do to be ready for the staking?

What is Ethereum Staking?

The Hybrid Casper FFG will reportedly combine Proof-of-Work with Proof-of-Stake (PoS) consensus, with the goal of eventually transitioning to PoS. According to the EIP, one of the specifications of the update reduces the block reward for miners to 0.6 ETH from the current 3 ETH (Decrease of block rewards by 80% over a year). ~5% yearly interest for anyone who wanna freeze $1mln (1500eth) in Casper. 4% finders fee for anyone who discovers bad actors (slashing).

The minimum staking requirement is set at 32 ethers. One Redditor asked a question what should he do to be ready for the PoS on Ethereum and got a reply directly from Vitalik:

  1. Get enough ETH.
  2. Keep an eye out for testnets; they’ll start coming in a couple of months. Participate in them to get a feel for what validating will feel like in practice.

Vitalik was also asked about a new hardware device called NeverSlash, that aims to protects validator nodes from being slashed. NeverSlash encodes the slashing conditions of Casper FFG into a Raspberry Pi. Instead of manually checking whether their vote violates the slashing conditions, validators can rely on NeverSlash to prevent them from casting that vote at all. He called the device brilliant and expended on the whole idea of ethereum staking:

“The goal is to make staking highly accessible, as a default targeting laptops and ideally even phones (think used devices that you replace with new ones, that you then leave lying around your hope hooked up to a power source and home wifi). The benefit of hardware devices like this is to provide an added layer of security; the hardware itself will just sign messages that your client provides, it will not be able to connect to the internet directly, the worst that it can do is require stop signing new messages, requiring you to log out and withdraw and re-deposit with a different key.”

Validators will need to run clients at a minimum and likely connect a beacon node to participate.Your staked coins are held for a fixed term of 3, 6, 9, or 12 months in an Ethereum staking wallet that is in synch with a smart contract.The amount of reward you will collect depends on the elapsed time – the longer you hold your coins in a staking wallet, the greater the reward will be.The strength of the Ethereum staking network is commensurate to the amount of honestly staked ether. Staked coins are a sort of bond that vouches for the validity of new blocks. In exchange for this service, stakers/validators are being rewarded a fraction of the transaction fees on valid blocks. Casper confiscates staked ether in the event that a validator votes for an invalid block.

How much profit can I make from Ethereum staking?

Ethereum staking rewards will be earned on ether coins deposited in a smart contract on a validator node on the Ethereum Proof of Stake (PoS)

blockchain network.

Profit from Staking = Validator Rewards + Network Fee

Validator Rewards — A reward for every block upon successful block creation. Network Fee — Validators receive a cut of the transaction fees that people pay to use the network.

How do I stake my Ethereum?

The details are yet to be formally known as much of the rules of the new consensus are still being discussed. Even the number of ethers needed for staking is still not set in stone and is subject to change. Whatever the number ends up being, ETH holders will be able to band together in “Ethereum staking pools.” – a similar joint enterprise as mining pools. You’ll pitch in your desired amount of ether, join your peers in locking it down, and rake in dividends that are shared in proportion to the size of the deposit of each member in the Ethereum staking pool.

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ETH PoS: Staking Rewards

Ethereum team revealed a tool allowing potential chain validators to calculate annual gross and net returns, taking into account hardware and energy costs. Dubbed ETH 2.0 Calculator, the new web application is developed by Codefi Networks. Stakingrewards.com, a popular staking calculator, approximates that ETH staking rewards will hover around 6.5% per year or 0.27 ETH for every 47 days and 22 hours. Other experts like one senior ConsenSys executive expect that Ethereum 2.0 validators can see earnings from 4.6% to 10.3% as rewards for staking on an annual basis.

Ethereum Proof of Stake Date

Just as we all expected, there have been and still are a lot of delays and missed deadlines. ETH 2.0 was expected to hit the blockchain in January 2020 but was then postponed for Q2 of 2020. Now, that date is questionable as well, and it seems that the next Ethereum system-wide upgrade, Eth 2.0, will not launch in Q2 2020 as scheduled, but developers are still confident that the original network parameters will deploy in 2020. In a particular Reddit discussion held on February 5, the Eth 2.0 team made several clarifications. The team said that the network would not launch until three clients can run testnets continuously for at least eight weeks. AMA participants included Eth 2.0 researchers Danny Ryan and Justin Drake together with Ethereum co-founder Vitalik Buterin.

Drake wrote:

“I have 95% confidence we will launch in 2020.”

Coinbase Custody will stake ETH for you

Coinbase Custody will stake for you when the time comes to stake.

Our vision is to give customers the ability to participate in services like staking and protocol voting that are distinct to crypto. As the decentralized ecosystem advances, we expect there will be many more opportunities for customers to interact with digital assets in new and unique ways.

 

Enjoy an anonymous cryptocurrency betting & casino in one place with 20+ cryptos available and get a generous Welcome Package up to 7 BTC now! Use promo code CPTCN1X to get 125% 1st deposit bonus!Toro Risk Warning: 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

Article Produced By
Philipp Traugott

Phil Traugott is a staff writer at CaptainAltcoin. As a trained marketing specialist for copywriting and creative campaigns, he has been advising top companies on the following topics: online marketing, SEO and software branding for more than 10 years. The topic of crypto currencies is becoming increasingly important for companies and investors and he found it very alluring and fitting for his skillset which prompted him to pivot his career towards blockchain and cryptocurrencies.

https://captainaltcoin.com/ethereum-staking-eth-pos/

Heiko Closhen, Entrepreneur

Clearing Confusion: Can Blockchain Transactions be Hacked?

Clearing Confusion: Can Blockchain Transactions be Hacked?

Clearing Confusion: Can Blockchain Transactions be Hacked?

Transparency and security – whenever these two words are taken together,

the first name that hits our mind is blockchain.Blockchain technology, since its inception, has given us an assurance that the data stored in blocks will be transparent, accessible, yet secure. It has emerged as a superhero who can save the world of healthcare, finance, education, and enterprise from frauds, duplicate data storage, hidden costs, and much more. The technology has proven its potential beyond cryptocurrencies and has landed among the top trends. It has encouraged developers and entrepreneurs to get a profound knowledge of blockchain basics before entering the market.

But, is blockchain actually hackproof? Before you nod in affirmation, let us say: No, it’s not. A majority of blockchain networks operate on public databases. Because of this, anyone having the authorization to view the transactions within the network can easily look into history. They might not figure out what is the real name of the user but can easily find out when a particular transaction has been performed and using which wallet.

Besides, since any data added in a block is often approved by the user with the highest spending, it is possible that the hacker double-spend their cryptocurrencies to get this privilege and fork the transaction. Something termed as 51% attack in the technical world. Clear evidence of which is that nearly $1 billion have been stolen by opportunistic attackers from varied exchanges as disclosed by an analytics firm Chainanalysis. Now, knowing this, the next question that hits everyone’s mind is: How to prevent blockchain transactions hacking? The answer is: Zero-Knowledge Proof.

Brief Introduction to Zero-Knowledge Proof

Proposed by the MIT researchers Shafi Goldwasser, Charles Rackoff, and Silvio Micali, Zero-Knowledge proof (ZKP), in layman language, is encryption process where a person (prover) confirms whether a statement is true to another person (verifier) without revealing any information.

Let us explain with an example.

Suppose, two employees, A and B who are working in the same company got incentives. They are curious to know if they have received the same amount of incentive, but are not comfortable in disclosing it. So, assuming that the incentive can be either $100, $200, $300, or $400, employee A brought four lockable boxes and placed them in a vacant room. He marked them $100, $200, $300, and $400, and left with the key of the box related to his incentive value. Now, Employee B entered the room with 4 pieces of clothes. He inked ‘1’ on one of the papers while ‘0’ on the others. Here, the ‘1’ sign represents his incentive value while the ‘0’ denotes other values. He opened the boxes and kept the clothes in all the lockable boxes and left the room while informing Employee A about the meaning of signs.

Employee A revisits and checks if the box’s key he has, has the clothes with ‘1’ sign inked. When not, he gets to know they haven’t received the same amount of incentive. Likewise, when Employee B finds Employee A with the clothes having ‘0’ sign inked, he too realizes that they got a different amount of incentives. In this way, both come to the conclusion that they have not received the same amount of incentives. But, since none of them revealed the real numbers, they have no idea whether Employee A has got more incentive than Employee B, or vice- versa.

So, this is what we call Zero-Knowledge Proof.

The protocol enables users to conduct an action while maintaining data anonymity and privacy – something that the Blockchain transaction is lacking presently. Now, since the approach is made clear, there are high chances that you want to know how you can introduce the ZKP concept in the Blockchain ecosystem. But before we jump to that part, let’s have a look at the real-world implementations to understand its scope far better.

Real-World Examples of Implementation of ZKP in the Blockchain Arena

  1. ZCoin. The foremost example of the implementation of Zero-Knowledge Proof (ZKP) in the blockchain system is ZCoin. The company employs ZKP-based Zerocoin protocol to introduce the power of security, anonymity and scalability in the transactions.
  2. ZCash. It is the open-source blockchain network which adds the possibility to keep the transactions transparent when safeguarding the associated information.
  3. ING. Another example is ING which is a bank in Netherland. This bank has revamped the Zero-Knowledge proof to introduce their own Zero-Knowledge range proof which reduces the demand for higher computational power.

With this covered, let’s make no more hassle and cover the core part of the article, i.e, possible implementations of Zero-Knowledge Proof in the Blockchain world.

How Can Zero-Knowledge Proof (ZKP) Be Implemented in Blockchain?

  1. Authentication. As you can learn from the example shared above, Zero-Knowledge Proof helps build Blockchain networks where users need not share sensitive information for performing any transaction. Something that lowers the risk of data leakage.
  2. Messaging System. In the current mechanism followed by messaging systems, users have to reveal some sensitive information to the server for identity verification. But, when ZKP is introduced in the process, users aren’t required to share extra information for building end-to-end trust.
  3. File System Control. Zero-Knowledge Proofs concept can add numerous security layers to files, logins, and even users. This can make it tough for everyone to hack or update the stored information.
  4. Complicated Documentation. Lastly, Zero-Knowledge proof will increase the chances of data encryption in small chunks. It will also offer access to certain users while impeding access to others. This can further help in protecting complex documentation from unauthorized users.

So, these were some of the ways the concept of Zero-Knowledge Proof (ZKP) can be introduced in the blockchain system and make the transactions unhackable. However, this is again not an easy task. Various challenges are associated with the process of collaborating the concept into the blockchain development process. So, it is advisable to bring an experienced blockchain developer on board for reaping higher benefits with this integration.

Article Produced By
CoinSpeaker Staff

https://www.coinspeaker.com/can-blockchain-transactions-be-hacked/

Heiko Closhen, Entrepreneur

Bitcoin Price Is Struggling to Scale 10000 but It Could Explode Due to Halving

Bitcoin Price Is Struggling to Scale $10,000 but It Could Explode Due to Halving

While BTC is rather unstable today, according to Google Trends data, as well as to other factors, we can suggest that the Bitcoin halving in May will cause a spike in the BTC price.

As Bitcoin’s upcoming halving draws closer, the market seems to be factoring it into every decision and discussion being had. The halving is expected to do a lot for the Bitcoin price because of the scarcity it inevitably ensures. Regardless, while many people are optimistic that the price of Bitcoin will surge because of the halving, there are a lot of people who believe that the halving has been priced in and will not make much difference when it happens. However, Google Trends data suggests that the Bitcoin halving will spike prices.

Bitcoin Halving Queries on Google Trends Is Increasing

People usually use Google Trends data to measure general interest in something or predict behavior. The premise here is simple. If search queries for something are increasing then there is renewed and growing interest in it. For the Bitcoin halving, related Google Trends data shows an unignorable surge in interest. The data shows that for more than a few months, there wasn’t a lot of interest in the halving event. However, beginning in December, things began to change significantly and interest started to surge. At the time of this surge, the Bitcoin price was far from encouraging. Evidently, that wasn’t enough to sour interest about the halving.

Previous Google Trends Data for Bitcoin Halving

A similar occurrence happened in 2016, the year of the last halving. Just like right now, the Bitcoin halving queries on Google Trends also increased continuously at the time. It continued increasing until it peaked just shortly after the 2016 halving. Current data shows that Bitcoin halving seems to have peaked at a 100 score. Pound for pound, Google Trends data might be a good enough predictor and shows that investors are in for a treat.

Current Bitcoin Price Trajectory Is Similar to 2016’s

Another factor to consider as the halving comes up, apart from Google Trends data, is the similarity in price movement. Bitcoin is swinging relatively similar to its past trajectory at the last halving. Firstly Bitcoin hit the 200-week moving average (MA) support in August 2015 and December 2018. Since the last time, it’s been 427 days. This is similar to 2016 because 427 days since the first support line achievement in August 2015 puts us in November 2016, after the last halving.

Other Factors

An analyst on Twitter, @KingThies, suggests that even though Bitcoin has dropped to levels around $9,600, its well on its way to $11k. King Thies cites the Bollinger Bands Width Squeeze which shows how heavy prices swing. According to him, the recent downswing will precede an upswing to $11k. Even with all of that, there is some worry about the drop below $10,000. Adding to the volatility, a tweet from on-chain intelligence analyst @thetokenanalyst reports that 600 BTC, about $5.8 million was deposited into BitMEX in one single transaction. There is the worry that a movement like this will further make Bitcoin unstable.

Article Produced By
Tolu Ajiboye

Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He likes to demystify crypto stories to the bare basics so that anyone anywhere can understand without too much background knowledge. When he's not neck-deep in crypto stories, Tolu enjoys music, loves to sing and is an avid movie lover.

https://www.coinspeaker.com/bitcoin-price-struggling-explode-halving/

Heiko Closhen, Entrepreneur

The CIA Secretly Owned Crypto AG Did They Secretly Create Bitcoin? Opinion

The CIA Secretly Owned Crypto AG, Did They Secretly Create Bitcoin? (Opinion)

“It was the intelligence coup of the century.”

That’s the assessment of the CIA in a classified report obtained earlier this month by an investigation of the Washington Post. The Post made stunning revelations in a report headlined, “How the CIA used Crypto AG encryption devices to spy on countries for decades.” Crypto AG was a Swiss encryption company. It made millions of dollars since World War II selling encryption devices. The governments of over 120 countries bought Crypto’s devices well into the 21st century.

Operation “Thesaurus”

But the Washington Post made the stunning revelation in early Feb 2020 that the information security company was secretly owned by the CIA. And the Central Intelligence Agency had built back doors into the encryption methods so it could easily decode messages and spy on foreign governments’ most sensitive communications. Governments the world over trusted Crypto AG to encrypt communications for their military, diplomats, and spies. Among Crypto AG’s clientele were Iran, military dictatorships in Latin America, India, Pakistan, and the Vatican.

Who Is Satoshi Nakamoto?

From 1970 forward, most of the world’s governments were unwittingly handing the CIA their money and also their secrets. These revelations about this stunning and audacious CIA signals intelligence operation beg the question: Did the CIA create cryptocurrency? We still don’t know who invented Bitcoin. Its creator has remained anonymous to this day. The inventor of Bitcoin published the Bitcoin whitepaper under the pseudonym, Satoshi Nakamoto. And they posted to the Bitcoin Talk forum under that moniker. Could Satoshi Nakamoto be the Central Intelligence Agency?

Did The CIA Create Bitcoin?

There’s no conclusive evidence of who Satoshi Nakamoto really is. That remains a mystery to this day as far as the public is concerned. (Craig Wright’s objections to the contrary notwithstanding.) The following evidence that Satoshi Nakamoto might be the CIA is circumstantial, and the conclusion is speculative. But if it’s not compelling, this evidence is certainly captivating. And the Crypto AG revelations show just how plausible it is that the CIA could have created Bitcoin as part of the monetary coup of the century.

Evidence That Satoshi Is The CIA

To begin with, Bitcoin is based on technology created by the National Security Agency (NSA). The NSA’s Secure Hashing Algorithm 256 (SHA-256) is a lynchpin of Bitcoin Core, the software that turns a computer into a Bitcoin node. SHA-256 is a one-way hashing function that compresses and encrypts a string of any length into a unique 256-bit signature or hash. The original string cannot be determined from the hash. And it’s impossible to guess what SHA-256’s output will be for any given input. So it’s functionally random. You can enter Abraham Lincoln’s Gettysburg Address into it and get one hash, then change a single letter and enter it again and get an entirely different hash.

None of this proves the CIA created Bitcoin. The NSA published SHA-256 in 2001. So non-CIA coders could have taken it up and used it to make Bitcoin. But after Crypto AG, it does make one wonder if there’s some kind of back door into SHA-256. Perhaps more incriminating is the meaning of the name Satoshi Nakamoto in Japanese. Nakamoto actually means “Central” or “Middle.” Satoshi means “Enlightened,” “Wise,” or “Intelligent.” These are facts. Satoshi Nakamoto means Central Intelligence. That could be a joke by its non-CIA creators, or it could be the CIA’s calling card.

Article Produced By
Wesley Messamore

Econ, finance, history, and politics nerd. Bachelor of Business Administration. Majored in Entrepreneurship. Wesley loves blockchain and hashbrowns.

https://cryptopotato.com/the-cia-secretly-owned-crypto-ag-did-they-secretly-create-bitcoin-opinion/

Heiko Closhen, Entrepreneur

This Week Gamers Invested 1 Million in Virtual Blockchain Real Estate

This Week Gamers Invested $1 Million in Virtual Blockchain Real Estate

This week alone, gamers, virtual reality enthusiasts, and the cryptocurrency community have invested nearly a million dollars

worth of real world currencies into virtual real estate generated and maintained by blockchains. The three largest blockchain generated virtual world games, The Sandbox, Decentraland, and Cryptovoxels, all saw the total trading volume of their digital tokens surge above $940,000 USD. That’s according to data compiled by Nonfungible, the largest database of blockchain gaming and crypto collectible markets. That figure includes volume from direct sales of blockchain real estate, and token trading in secondary exchange markets.

Blockchain Real Estate Sale at The Sandbox

Part of the surge in volume is likely due to a big virtual “land sale” going on in The Sandbox. The creative, blockchain generated virtual world is selling about 7% of its virtual land in the cryptocurrency video game’s second land sale. The Sandbox raised $168,000 from the sale in the last week. The platform registered over six thousand sales to Sandbox players, and the average order was for $28. There is still some 300 parcels of land available, but inventories are dwindling fast. Decentraland (MANA) is the largest crypto video game out there as far as trading volume goes. Its virtual world is preparing for a Feb 20 launch. It’s attracted a lot of attention from gamers and cryptocurrency investors. Using the Ethereum blockchain, players can buy and secure their virtual names (registered through Ethereum Name Service Domains), while virtual clothes and player accessories are also blockchain available for sale.

Decentraland and Cryptovoxels Burgeon

Players and crypto speculators are also buying blockchain real estate on Decentraland. Over the past week, the Decentraland blockchain has seen some $572,000 in trading volume. Cryptovoxels has experienced over $200,000 in weekly trading volume as well. Anyone can buy blockchain real estate in these digital worlds. Players who own crypto-secured virtual land can build structures on their land, and even run business enterprises in world and monetize their land to generate cryptocurrency cashflow as a source of income. The digital marketplace is attracting a mix of gaming enthusiasts and business people looking for a lucrative opportunity.

These blockchain powered titles to digital land in virtual worlds are shifting the entire gaming paradigm. (They could disrupt titling for real world real estate as well.) Now players can be more than consumers. They can be both consumers of gaming entertainment, and agents of production and market enterprise in digital universes. That’s something for economists and human behavior theorists to ponder. It’s something revolutionary, but it’s not something entirely new.

From Consumers to Blockchain Powered Producers

We began to see this shift in the role of gamers when Second Life debuted in 2003. It didn’t take long for a thriving digital economy to populate the virtual landscape of Second Life, complete with its own digital currency, Linden dollars, that had an equivalent real world economic value. The phenomenon was fascinating to economists and computer theorists. It may have even been a visionary preview of what blockchain would make possible less than a decade later, digital currency that is completely secured by code in a trustless, distributed network. That would be a necessary next step in the evolution of virtual economies for them to scale with any degree of reliability and trust from the new consumer/producers who would participate in them.

The next step for blockchain powered virtual reality? Players may want to begin forming virtual governments with a democratic ethos, so they can have an equal stake, responsibility, and influence in the governance of these worlds. People could end up supporting their livelihoods with full time jobs in these worlds, so a government to protect their enterprise is a likely eventuality. These pioneers are colonizing the final frontier—blockchain.

Article Produced By
Wesley Messamore

Econ, finance, history, and politics nerd. Bachelor of Business Administration. Majored in Entrepreneurship. Wesley loves blockchain and hashbrowns.

https://cryptopotato.com/this-week-gamers-invested-1-million-in-virtual-blockchain-real-estate/

Heiko Closhen, Entrepreneur

Bitcoin Whales Start New Phase Of Accumulation Kraken Foresees High Volatility

Bitcoin Whales Start New Phase Of Accumulation, Kraken Foresees High Volatility

Crypto investors holding between 100-1000 Bitcoin Units have started a new phase of the digital asset accumulation.

According to a report by Kraken, a US-based cryptocurrency exchange, the Bitcoin whales have started piling up more Bitcoins into their wallets.

Details of Kraken’s Report

In the report analysis was a graph showing the relationship between Bitcoin Address Balances (1,000-10,000) against Annualized Volatility from June 3, 2018, up to January 16, 2020. From the chart, it shows that every time there was high volatility in Bitcoin’s market price, it was preceded by a “wait and see” pattern from huge investors.Prior to that, there was another phase of Bitcoin accumulation from the big-time investors, who in essence just held the crypto asset to wait for the price to rally up and bag profits from it. 

The report also noted that there was a steady growth in the number of Bitcoin addresses holding a large number of crypto assets as of January 3, 2020. According to Kraken’s data, the recent crypto bull rally has progressed to Bitcoin investors holding between 100-1,000 BTC.Kraken is anticipating a huge collection of Bitcoin to diminish in the coming weeks or months, which will result in the re-emergence of high volatility in the market. The report continued to explain that the phenomenon of “accumulation pending volatility” is due to the absorption of market liquidity which then reciprocates to a tight supply to demand ratio imbalance.

In Conclusion

Kraken noted in the report that the high accumulation might be the leading factor in Bitcoin’s recent bull rally. With the accumulation increasing and the halving event coming close, the demand for BTC is bound to skyrocket in the near future and therefore result in Bitcoin hitting a new all-time high.From the report, Kraken deduced that the recent social and economic crisis has been a major contributing factor to Bitcoin hitting $10,000 and showing the tenacity to surpass the all-time high. Events like the China coronavirus outbreak that has ravaged the social fabric of the Chinese welfare, to the Chinese Central Bank injecting more than $170 billion into the market as a measure to counter the failing economy have all contributed to the crypto bull rally. With such fundamental aspects, Bitcoin traders and investors can make an informed decision that is not based on sentiments.

Article Produced By
Steve Muchoki

Steve is a Fintech analyst who sees positive benefits in both directions of the market (bulls & bears). Cryptocurrency is his safe haven, free from government conspiracies. Mythology is his mystery!

https://zycrypto.com/bitcoin-whales-start-new-phase-of-accumulation-kraken-foresees-high-volatility/

Heiko Closhen, Entrepreneur

Cardano Makes More Inroads Donates 500k Worth Of ADA To The University Of Wyoming For Blockchain Research

Cardano Makes More Inroads – Donates $500k Worth Of ADA To The University Of Wyoming For Blockchain Research

Cardano has been one of the heavyweights when it comes to blockchain-based solutions.

The company behind the Cardano project is IOHK, a software company. Cardano is particularly popular as the creator of Cardano (ADA), the cryptocurrency that currently sits at position 11 on the crypto market charts. Of late, Cardano has been on a charm offensive, trying to take its blockchain-based solutions mainstream as well as shore up support for ADA. Indeed, the company even sought to partner with various governments to streamline their economic sectors. Last year, Cardano started an Education and Business Development program in Ethiopia. 

Supporting Blockchain Research

Basically, Cardano’s main objective is to spur interest among learners to focus on blockchain research. To do this, the company has sought to support various institutions of higher learning. This time, Cardano is coughing up a cool $500,000 in support of the University of Wyoming.  This donation is expected to help fund the University’s Blockchain Research and Development Lab. For one, blockchain research needs various high-priced resources that would be otherwise no affordable especially by independent researchers. However, in the world of research, there are always some serious contributors that are willing to fund the most promising ventures. Cardano being one of these stakeholders when it comes to blockchain research.

Long-Term Goals

First off, Cardano doesn’t fund the select blockchain research and learning projects for the sake of it. Rather, CEO and founder Charles Hoskinson and the company at large have a long-term goal, which is to get as many young learners as possible interested in blockchain development – and precisely on the Cardano network. As such, these developers would very likely inspire new and innovative use cases for ADA as well as popularize Cardano as a viable project capable of handling various issues of concern within both the corporate and public institutions. It’s a win for everyone.

Article Produced By
Nick James

Nick is a cool guy with lots of love for technology especially cryptocurrencies and blockchain. He likes to share the juicy nitty-gritty about the latest developments in the crypto world. When he's not immersed in his crypto world and creative mindset, you can find him having fun with friends and family.

https://zycrypto.com/cardano-makes-more-inroads-donates-500k-worth-of-ada-to-the-university-of-wyoming-for-blockchain-research/

Heiko Closhen, Entrepreneur

Introduce Cryptocurrency Payments Within Any Service With the Blockmove Payment Aggregator

Introduce Cryptocurrency Payments Within Any Service With the Blockmove Payment Aggregator

With the development of the crypto economy, cryptocurrencies are increasingly entering our lives every day.

Not everyone is trying to support this trend, this is especially true for financial regulators, who see a certain kind of threat in the digital currency, and therefore try to limit the crypto sphere. All this doesn`t prevent it from developing rapidly. Thus, there is an upward trend towards using cryptocurrency as a means of payment. Even the number of offline points for accepting crypto assets as a means of payment is growing every day around the world. And it is even truer the online sphere.

Such a trend is natural and understandable. Initially, the cryptocurrency represented by bitcoin was created as a certain decentralized payment tool helping to get away from centralized banking systems, and becoming the starting point for the development of a public and open payment system. Everything is gradually coming to this, and many services are trying to contribute to this in every way possible. The Blockmove company, which introduced Merchant for cryptocurrency payments, is no exception.

How the Blockmove’s Merchant Works

For all interested users, Blockmove provides Merchant service that will help them instantly accept payments in cryptocurrency on any resource, as well as make withdrawals using various payment systems. To activate Merchant Blockmove on a website or online store,the company’s website, you need to go to go through a simple and fast registration process, copy the code and start accepting payments in cryptocurrency. After that, the user receives all the advantages of this type of payment for their service. To learn more about the Blockmove Merchant service, the site presents with the opportunity to add goods to the cart and see the payment form, where the customers can already choose the cryptocurrency that interests them a demo store and pay for the purchase. Thus, Blockmove allows the user to see what the payment process will look like after this service is implemented.

The Blockmove’s Merchant Advantages

As for the reasons why users should pay attention to Merchant from Blockmove, there are several of them. First, it is easy to install and use. The whole process will take a little time and even a beginner can handle it. The user creates a merchant on the Blockmove site, copies the code, and, voila, the merchant is ready to work on the resource. Secondly, this is an extensive list of supported cryptocurrencies, which includes the 8 most popular ones (BTC, BCH, LTC, DASH, DOGE, ZEC, ETH, and XRP) and all ERC20 tokens. Third, the company offers a full year of free Merchant service.

The Blockmove creators care about the security and anonymity of online payments. No one will be able to make a refund of the payment sent. Each transaction is encrypted, and its reliability is confirmed by users around the world. Customer funds are not controlled by banks, and no one has the right to block a transaction. Blockmove also provides its users with the ability to work through the API, charging the lowest commissions on the market. To get started with the API, go to the “API DOCS ” section on the Blockmove website, find the libraries, download and install them. Everything is very simple with Blockmove! And choose your product from Blockmove.

Article Produced By
Guest Post

https://btcmanager.com/cryptocurrency-payments-service-blockmove-payment-aggregator/?q=/cryptocurrency-payments-service-blockmove-payment-aggregator/&

Heiko Closhen, Entrepreneur

TRON Set to Become New Home for Steemit Amid Push for Decentralized Social Media

TRON Set to Become New Home for Steemit Amid Push for Decentralized Social Media

Blockchain blogging platform Steemit is set to migrate to the Tron ecosystem following a strategic partnership between both organizations.

The move marks another development of Steemit as it seeks to recover from the negative impacts of the 2018 crypto bear market shake-up.

TRON Partners with Steemit

The Tron Foundation announced the news via a blog post on its Medium platform on Friday (February 14, 2020). According to the blog post, both Tron and Steemit devs will begin working on modalities to accomplish the transition to the former’s blockchain network. Apart from Steemit, the partnership also sees other Steem-based blockchain decentralized apps (DApps) moving over to Tron. The current Steem DApps stack includes platforms like D-Tube (a YouTube alternative) and APPICS (an Instagram alternative). Tron’s partnership with Steemit could see the former grow from 20 million users to 21 million users with the latter controlling a userbase of over one million users on its platform. Commenting on the partnership,

Tron founder Justin Sun remarked:

“We are very excited to welcome Steemit into the TRON ecosystem. Together we will usher in a new era of decentralized social networking.”

Steemit stakeholders will be hoping the migration to Tron will help the platform complete its recovery from the difficulties faced during the crypto bear market. Platforms like Steemit, ConsenSys, and Sparkchain had to ax staff members following a nosedive in the spot price of cryptocurrency tokens. As previously reported by BTCManager, the company has been forced to downsize its employee count, laying off 70 percent of its staff back in November 2018. At the start of 2019, Steemit appointed Elizabeth Powell as its new CEO.

Decentralized and Censorship-resistant Social Media

Tweeting on Friday, Sun also described the partnership between Tron and Steemit as the start of a new era in decentralized social networking. Mainstream social media platforms like Facebook, Twitter, and YouTube have been accused of censoring content with blockchain proponents calling for greater focus in building decentralized alternatives.

Article Produced By
Osato Avan-Nomayo

Osato is a Bitcoin enthusiast with a flair for writing. When he isn't providing unique perspectives on the current happenings in the industry, he can be found pouring over old books on history and philosophy or trying to beat his Scrabble high score.

https://btcmanager.com/tron-steemit-ecentralized-social-media/?q=/tron-steemit-ecentralized-social-media/&

Heiko Closhen, Entrepreneur