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For today's episode, we are live from Bangkok again discussing what it takes to build a massive userbase onchain from the ground up. Picture this: It's early days, and Axie Infinity is trying to scale on Ethereum. They experiment with Loom Network, but like many early solutions, it just can't handle their explosive growth. Rather than compromise, they take the bold step of building their own solution - Ronin. Today, that decision has paid off spectacularly. Beyond powering Axie, Ronin now supports rising stars like Pixels, boasting 1.5 million daily active users and generating millions in monthly revenue. What makes Ronin special isn't just its tech - it's the holistic ecosystem they've built. Every piece, from their wallet to their NFT marketplace to their DEX, was crafted with real user needs in mind. There's no unnecessary complexity, no features built just for hype. Everything serves a purpose, tested and refined in the crucible of actual usage. The impact has been transformative, particularly in regions often overlooked by traditional tech. In the Philippines, Vietnam, and Brazil, Ronin has become more than just a gaming platform - it's an economic engine. By breathing new life into dormant NFTs and creating genuine utility through gameplay, they've built something that delivers real value to everyday users. For developers, Ronin offers more than just infrastructure - it provides a blueprint for success. Their strategy of nurturing a core "golden cohort" of users and expanding organically has proven remarkably effective. For players, it means gaming experiences that feel natural and seamless, where the blockchain elements enhance rather than intrude. While Ronin has had its ups and downs, its clear that they are steadfast on bringing new users onchain, which were excited about. Join The Rollup Edge: https://members.therollup.co Website: https://therollup.co/ Spotify: https://open.spotify.com/show/1P6ZeYd.. Podcast: https://therollup.co/category/podcast Follow us on X: https://www.x.com/therollupco Follow Rob on X: https://www.x.com/robbie_rollup Follow Andy on X: https://www.x.com/ayyyeandy Join our TG group: https://t.me/+8ARkR_YZixE5YjBh The Rollup Disclosures: https://therollup.co/the-rollup-discl
Summary This week, Anna and Tarun catch up with Georgios Konstantopoulos, CTO of Paradigm and long-standing friend of the ZK Pod! First they cover the work Georgios has been doing since he last appeared on the show, covering everything from updates on Foundry to the more recent work on Reth. They then dig into what makes it different, what inspires its design, where it is heading and the eventual end goals of the project. They also chat about the general client node landscape, from the ETH 2.0 research days to present day, before diving into discussing different clients from different teams, how this diversity can protect a chain and how each client can differ. Here's some additional links for this episode: Georgios' GitHub Introducing Reth by Paradigm Reth GitHub Episode 224: Foundry with Georgios Konstantopoulos Loom Network CryptoZombies Geth: Ethereum Full BSC Node Guide: How to Run BNB Smart Chain Nodes GitHub: flashbots:mev-geth Arbitrum Verkle Trees for Statelessness Check out the latest jobs in ZK at the ZK Podcast Jobs Board. The next ZK Hack IRL is happening May 17-19 in Kraków, apply to join now at zkkrakow.com. o1Labs is excited to announce the v1 release of o1js, THE fastest way to build zkApps and deploy to the Mina blockchain. After 2 years and 70,000 downloads, o1js v1 is the externally-audited, enterprise-grade Typescript zkDSL the community has been waiting for. Are you ready to build the next killer zkApp? Then visit o1js.org and get started today. Aleo is a new Layer-1 blockchain that achieves the programmability of Ethereum, the privacy of Zcash, and the scalability of a rollup. As Aleo is gearing up for their mainnet launch in Q1, this is an invitation to be part of a transformational ZK journey. Dive deeper and discover more about Aleo at http://aleo.org/ If you like what we do: Find all our links here! @ZeroKnowledge | Linktree Subscribe to our podcast newsletter Follow us on Twitter @zeroknowledgefm Join us on Telegram Catch us on YouTube
OMG Network, Matic Network, Loom Network, and xDai price prediction and technical analysis. Sign up for Token Metrics at https://tokenmetrics.com Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies. Like the podcast to let us know you like the content! Sign up for Token Metrics at https://tokenmetrics.com ✔ Podcast: https://tokenmetrics.com/podcast ✔ Blog: https://blog.tokenmetrics.com/ ✔ Forum: https://forum.tokenmetrics.com/ Follow us on social media below: ► Telegram Alerts Channel: https://t.me/TokenMetrics ► Telegram Discussion Group: https://t.me/TokenMetricsDiscussion ► Twitter: https://twitter.com/tokenmetricsinc ► Instagram: https://instagram.com/tokenmetrics ► Facebook: https://facebook.com/tokenmetrics Token Metrics Media LLC does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Token Metrics Media LLC, registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any security. The Token Metrics Media LLC team has advised and invested in many blockchain companies. A complete list of their advisory roles and current holdings can be viewed here: tokenmetrics.com/disclosures.
Are rumors of Loom Network (LOOM) being dead, true? Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies. Be sure to subscribe and like the video to let us know you like the content! Sign up for Token Metrics at https://tokenmetrics.com ✔ Follow us on social media below: ► Telegram Alerts Channel: https://t.me/TokenMetricsAlerts ► Telegram Discussion Group: https://t.me/TokenMetricsDiscussion ► Twitter: https://twitter.com/tokenmetricsinc ► Instagram: https://instagram.com/tokenmetrics ► Facebook: https://facebook.com/tokenmetrics
We want to introduce you to Token Metrics, the cutting-edge crypto analytics platform we spent millions and two years of our lives creating. Now, those millions didn’t just come out of nowhere. We made it by investing in Initial Coin Offerings (ICOs). In fact, we became very well known for it. But we became even more well known for giving away our entire investment strategy in a spreadsheet for free. You see, we don’t believe access to life-changing investment platforms should be restricted. We believe in changing the status quo. We are also a firm believer in the success of cryptocurrencies. That’s why we're opening up Token Metrics, our million-dollar cutting-edge crypto investing platform to the first 1,000 subscribers. But we’ll get to that in just a minute. First, we want to tell you why we dedicated so much time and money into creating this platform. So to go back to the story. Thanks to the ICO spreadsheet, we were able to find hidden gems like WaBi, ICON, Dragonchain, Power Ledger, Loom Network, PundiX, and more. ICON and WaBI made us go viral in the crypto world. Our CEO, Ian Balina's $20,000 investment in ICON turned into more than $2 million in just four months. It delivered a 100x return during the December 2017 crypto-mania. But not just that, WaBi also delivered another 100X+ return on investment, and Dragonchain delivered an 80X return on investment. Our spreadsheet helped us get three 80x or more returns in the same month, which was unheard of in the crypto world. Overnight, Ian Balina became one of the biggest names in crypto. Pretty soon, he was doing regular interviews with Forbes, CNBC, The Today Show, The Telegraph… you name it. At its peak, one million unique people were using our spreadsheet every month to make better crypto investments, which was fantastic. But the system we created wasn’t built to handle millions of users, and eventually, we had to take it down because it couldn’t scale. However, after seeing the power of that spreadsheet, we knew what we had to do next. We set about creating not just a spreadsheet but building an application that would help people make money. Over the last two years, we've poured everything we have into this project. And we’ve brought on some of the top names in investing—and more importantly –machine learning, to get it off the ground. We wanted to ensure that this is the single best crypto analytics platform available anywhere—at any price. But we also wanted to make sure it is accessible to everyone — even those on a very tight budget. Get started with TokenMetrics.com and sign up for your free trial today. ► https://tokenmetrics.com/ ✔ Follow us on social media below: ► Telegram Alerts Channel: https://t.me/TokenMetricsAlerts ► Telegram Discussion Group: https://t.me/TokenMetricsDiscussion ► Twitter: https://twitter.com/tokenmetricsinc ► Instagram: https://instagram.com/tokenmetrics ► Facebook: https://facebook.com/tokenmetrics
Today's blockchain and cryptocurrency news Bitcoin is up 3% at $7,327 XRP is up 1% at 19 cents and Ethereum is up 2% at $132 Top gainers in the last 24 hours: Ethos, up 79% Loom Network up 24% Particl up 22% Moeda loyalty points up 15% Venezuelan President Nicolas Maduro is selling oil and gold for his cryptocurrency the Petro. The ECB is urging European banks to come up against Facebook’s Libra with an even cheaper payment solution The SEC is saying that Telegram refuses to turn over bank records related to the GRAM sale Poloniex is in the news after refuting a data leak.
This Week in Crypto - Bitcoin, Ethereum, Blockchain, and Cryptocurrency News
Here’s the rundown from This Week in Crypto: OKEX & UpBit delist privacy coins JPMorgan, Bank of America, and Wells Fargo pilot blockchain initiatives Loom Network is bringing DeFi to the Tron and Binance chains. Support this podcast by leaving a review on Apple Podcasts. Also follow us on Twitter to let us know your thoughts. Thanks for listening!
This Week in Crypto - Bitcoin, Ethereum, Blockchain, and Cryptocurrency News
This is your daily roundup for Thursday, September 19, 2019. Bank of America joins R3’s Marco Polo network, Loom is bringing DeFi to the Tron and Binance chains, and Zap wallet is launching in-app OTC trading. ☕ Buy Me A Coffee: https://glow.fm/mota Bank of America Joins R3’s Marco Polo Bank of America has joined R3’s Corda-powered Marco Polo Network to bring efficiencies to international trade and offer better services for clients using blockchain technology. Geoff Brady, Head of Global Trade at Bank of America, stated “Joining the Marco Polo Network supports our strategic objective of turning technology advances into trade solutions that address client needs. We look forward to exploring how the new technology can generate greater transparency for our clients throughout the transaction lifecycle, making traditionally paper-based, opaque processes easier and more efficient.” This follows the footsteps of Mastercard, who recently joined R3’s Corda project earlier this month. Zap Wallet Launches in-App OTC Zap Solutions is launching a dollar-denominated bitcoin buying feature inside its lightning-friendly mobile and desktop wallet. Zap founder Jack Mallers says users can link the wallet to their debit card, go through light KYC, and then buy bitcoin, sent via lightning, that’s almost instantly spendable. Anonymous users will still be able to connect the wallet to their own remote nodes via Tor. Mallers also said that Zap is working with the payment processor BTCPay Server to eventually allow merchants to indirectly convert bitcoin payments to other currencies. Loom Brings DeFi To Tron And Binance Chains MakerDAO’s dai stablecoin will be implemented on the tron and binance chains in the near future through Loom Network, a Layer 2 scaling solution for the ethereum blockchain. Loom Network CEO and co-founder Matthew Campbell says interoperability with other chains has been a key vision for the Loom Network. Dai will first join the tron blockchain following a testing period. The token will join stablecoin tether on the tron network, which is also hosted on the bitcoin and ethereum blockchains. Loom believes the addition of dai to tron could spur the development of other DeFi protocols on that protocol. Loom says their network will operate as a Layer 1 ‘transit hub,’ shuffling funds between different protocols such as etherum, tron, or binance. Transfers between chains will be secured through multi-signature validations on the Loom Network which requires verification from three-quarters plus one of all Loom validators before transactions can be signed off. Coinbase Explores 17 Altcoins Coinbase is exploring support for 17 new digital assets, including Filecoin, Polkadot, and Telegram. It’s unlikely that Coinbase will add all 17 coins, as Coinbase only added two of the eight coins under consideration last month. One of them was dash, which was added to Coinbase Pro earlier this week following an investigative period. Square Crypto “Dream Team” Square Crypto has hired three new developers to work on open source projects. Among them is Arik Sosman, who worked on Facebook’s Calibra wallet and at BitGo, Valentine Wallace formerly of Lightning Labs, and Google software engineer Jeffrey Czyz. The team will work on Free and Open Software (FOSS) for bitcoin’s developer base.
In this episode, Jon discusses the ongoing development of blockchain strategy game CryptoWars with Experimental (aka e11.io) CEO Matias Nisenson. Development on CryptoWars started in mid-2018 and since the start of 2019, Experimental has been regularly testing various aspects of the game - from the blockchain infrastructure including Loom Network’s Layer 2 solution through to gameplay features. The game is currently expected to be live in early 2020. Topics covered include: Matias’ history prior to launching Experimental Why Experimental decided to make a strategy blockchain game Why he (still) rates Ethereum over other blockchains The strengths (and weaknesses) of using a sidechain like Loom, especially for UX Why games will be the gateway for mass adoption of blockchain Why CryptoWars’ economy is much more sophisticated than NFT sales The challenges of raising investment What’s next in terms of CryptoWars’ development Episode links Experimental website CryptoWars website Matias on Twitter Discuss with Jon on Twitter & check out Blockchain Gaming World on YouTube
Today's blockchain and cryptocurrency news Bitcoin is up .5% at $5,323 XRP is up .5% at 29 cents and Ethereum is up 1.5% at $154 Top gainers in the last 24 hours: Cortex up 15% Loom Network up 15% The non-profit organization IOTA Foundation has announced an IOTA academy. Brazilian police have made an arrest in connection with a suspected crypto money laundering scheme. According to several users on twitter, HDFC Bank of India has been sending threatening emails to account holders that bought Crypto.
In this episode Ahmed and Aniket speak to Sandeep Nailwal, COO of Matic Network. Matic Network is a Layer 2 scaling solution for decentralised blockchain networks. The hosts explore why Matic exists, how they’re implementing Layer 2 solutions and what the platform is all about. Sandeep in a nutshell explains how important it is to solve the biggest problems in the space; scalability and UX. The Challenges 1. Current blockchain networks have a big problem in scaling due to its decentralised nature and that for mass adoption current blockchain networks will not be able to service millions of users. When it comes to UX and usability of blockchain’s the biggest problems lie in the technical nature of using blockchain. The ultimate goal is that when users interact, they wouldn’t know that they are really interacting with blockchain networks. From a developer standpoint, they are also providing easy tools for developers to develop applications on top of Matic which would allow scalability for Dapps and ultimately lower fees as well. Layer 1 and Layer 2 Sandeep goes into the differences between Layer 1 and Layer 2 in blockchain networks and how they behave respectively. Sandeep explains that Layer 1 is all about economic considerations where there is a trade-off between security and scalability which is commonly seen in networks like Bitcoin and Ethereum. The higher the security the lower the scalability and thus inherently slow. Ahmed quotes Vitalik’s Scalability trilemma where if you had scalabilty, decentralisation and security, you can only choose two of these three. Most, if not all Layer 1 blockchain networks, they choose decentralisation and security. In Layer 2, since you have Layer 1 to rely on which is security and decentralisation, then through cryptographic mechanisms you can get the same features on layer 2 as well as adding the scalability in layer 2 which is not included in layer 1. Make sure to listen to the episode to hear how Matic network is building out this innovative Layer 2 solution they are creating. Difference between Matic and others Matic’s solution is highly inspired by the Plasma implementation that was put forward by Vitalik Buterin and Joseph Poon. Plasma is one of the first layer 2 frameworks out there in the market. Here Sandeep explains how they are implementing layer 2 differently from Plasma, briefly explaining how they are implementing an account-based system rather than the UTXO system which is used by Plasma. Make sure to tune in to find out more! Sandeep explains how Matic is different from competitors such as Loom Network and Skale. He also goes into how they are improving developer experience since Matic is built on Ethereum, Ethereum developers are automatically Matic developers and thus it is easy to migrate to the layer 2 Matic is providing. Crypto in India Aniket who has been researching the Indian blockchain space is curious to see how Matic are operating in India given they are an Indian team. Sandeep explains the structure of Matic and where they are based and states that their research team is based in India. He also goes to talk about the current regulatory landscape of crypto in India and believes that India will not ban crypto. The Matic token and tokenomics Ahmed asks about the token mechanism of Matic network and Sandeep answers that their token is a network token which is used to keep the network secure and to have the token in order to use the Matic network. Therefore, like most blockchain’s such as Bitocin and Ethereum and other protocol layers a native token is used for transaction fees. Additionally, Matic is a proof of stake system which requires a token to govern and secure the network thus a native asset is necessary to secure and incentivise network participants to keep honest, like how most blockchains currently are. Thus, the token has two utilities: used for transaction fee and used for staking. Is Matic doing an ICO? Sandeep explains that they are looking to do an ICO and shares his plans on doing a large public sale on the back of recently completing a small private sale. They have an amazing announcement soon so do make sure to keep your eyes peeled. We hope you enjoy!!! If you liked what you heard, please do leave us a review on Apple Podcasts and the other platforms. Don’t forget to support us by spreading the word! Special Guest: Sandeep nailwal.
Following the Crypto Winter, it could be spring for blockchain games. Jon Jordan and James (@BCGbiz) discuss the surprising pop of Enjin Coin's USD value (up +150%) thanks to its Samsung S10 tie-in, also talking more generally about the BUIDLing not HODLing attitude from blockchain games companies ranging from Decentraland to Loom Network, as well as the difference between "blockchain games" and games with some blockchain features. Follow us on Twitter Watch us on YouTube
Loom Token Review. The Loom Network is a growing ecosystem of games and dapps built to complement the Ethereum network with side chains and many other applications and programs it has been recently added to Coinbase pro as a listed token --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/mountain-crypto/support
Plasma is one of the strongest candidates for Layer 2 scaling solutions. Since the Plasma whitepaper was released in August 2017, there's been a multitude of Plasma implementations experimenting with the idea. On this episode we feature Georgios Kosntantoploulos, Lead Researcher at Loom Network, to talk about Plasma, the different variations, and the future of scaling through Layer 2 solutions. https://github.com/loomnetwork/plasma-paper https://www.gakonst.com/
Plasma is one of the strongest candidates for Layer 2 scaling solutions. Since the Plasma whitepaper was released in August 2017, there's been a multitude of Plasma implementations experimenting with the idea. On this episode we feature Georgios Kosntantoploulos, Lead Researcher at Loom Network, to talk about Plasma, the different variations, and the future of scaling through Layer 2 solutions. https://github.com/loomnetwork/plasma-paperhttps://www.gakonst.com/
Hosted by Enigma's Head of Growth Tor Bair, our seventh episode features James Duffy from Loom Network. James is the the CMO and co-founder of Loom, where they're building a scaling solution for decentralized applications. Loom Network is particularly focused on games and social applications. James and Tor talk about scalability, why Loom is building for the Ethereum ecosystem, why user experience is the real blocker to adoption of decentralized applications, and how blockchain games can be better than traditional games - as well as critical for onboarding new users and developers into the decentralized ecosystem. Enigma's new podcast "Decentralize This!" features guests from all over the decentralization space: developers, investors, entrepreneurs, researchers, writers, artists, people in government and enterprise - all individuals who care deeply about building a more decentralized and sustainable world. How can all these people with different perspectives collaborate to create and scale the technologies we need to shape a better future? ---- Relevant links: Loom Network: https://www.loomx.io Loom Twitter: https://www.twitter.com/loomnetwork Loom Blog: https://medium.com/loom-network Enigma: https://www.enigma.co Enigma Blog: https://blog.enigma.co Enigma Twitter: https://www.twitter.com/enigmampc
Interview with James Duffy (Loom Network) - Coin Dive Episode #11 brought to you by Techstars by CoinInsider.com
We are back for another week of the show. Corey is back from ETHBerlin, so he gives us a quick recap and we dive into eSports, blockchain, Loom Network and chat with Zvika Landau, Co-CEO of SIRIN LABS. We are antsy to get our hands on this $1,000 blockchain phone that is set to be unveiled in November with a December release date. Lots of dApp talk, hi level buffoonery, and video game talk this week as the boys unwind after a stressful week filled with hackathons and conversation.
Welcome to the first episode of “Dose of Ether.' This episode Bijan and Lucian discuss the newest release of Truffle v5.0.0 and the state of developer tools in Ethereum, a new DevP2P protocol dissector, and our user experience on DApps like Peepeth, and Augur. Hardware solutions are on the rise among DApp developers trying to improve security and the Loom Network pushing into new fronts with a Plasma Cash implementation.
Our guest for this show is JP Thor, CEO of CanYa, a global marketplace of peer-to-peer services with a cryptocurrency payment layer. JP is a former Air Force pilot, an early Bitcoin adopter and a Blockchain ambassador. He serves as an advisor to multiple Blockchain startups including Loki and Trust Wallet. Tune in to hear about: Background and transition from being an air force pilot to the blockchain/cryptocurrency ecosystem Why JP started a decentralised service marketplace What does the customer journey look like as a service provider or user Use of the token (CAN) on the platform and the tokeneconomics How the hedged escrow function works to ensure that the service provider gets paid fairly and not be subject to price fluctuations Thoughts on most people in the world not investing or buying cryptocurrency but getting into crypto by earning it How CanYa plans to cope with the learning curve required for anyone to store crypto assets Why CanYa took the strategy of being centralised in the beginning and over time move towards greater decentralisation - with the eventual goal to be a DAO (decentralised autonomous organisation) How CanYa aims to achieve decentralisation over a period of time How CanYa is developing infrastructure around having a decentralised marketplace as well On-chain governance Ethereum 2.0 Layer 1 vs Layer 2 discussion Projects mentioned: Digix, Origin Protocol, uPort, OmiseGo, Humaiq, Trust wallet, Loom Network amongst others
I recently bought into Loom and the trade didn't go so well. It got me thinking a lot about stop loss strategies and how to implement them. I have a plan moving forward and share it with you. Twitter- @mitchellstulken Steemit- stulkenm Medium- Mitchell Stulken YouTube link- https://www.youtube.com/channel/UC6d8acRcK9h7bY_HRRucHhA Brave Browser- https://brave.com/bit302 https://brave.com/bit275
I recently bought into Loom and the trade didn't go so well. It got me thinking a lot about stop loss strategies and how to implement them. I have a plan moving forward and share it with you. Twitter- @mitchellstulken Steemit- stulkenm Medium- Mitchell Stulken YouTube link- https://www.youtube.com/channel/UC6d8acRcK9h7bY_HRRucHhA Brave Browser- https://brave.com/bit302 https://brave.com/bit275
The market has been down but it is important to keep paying attention. Keep doing research and learning as if the market was going up. There is still profit to be made and Loom Network is proof of that. We go over a little about Loom Network. Then also talk about the 51% attacks that have been happening and what they are. Twitter- @mitchellstulken Steemit- stulkenm Medium- Mitchell Stulken YouTube link- https://www.youtube.com/channel/UC6d8acRcK9h7bY_HRRucHhA Brave Browser- https://brave.com/bit302 https://brave.com/bit275
The market has been down but it is important to keep paying attention. Keep doing research and learning as if the market was going up. There is still profit to be made and Loom Network is proof of that. We go over a little about Loom Network. Then also talk about the 51% attacks that have been happening and what they are. Twitter- @mitchellstulken Steemit- stulkenm Medium- Mitchell Stulken YouTube link- https://www.youtube.com/channel/UC6d8acRcK9h7bY_HRRucHhA Brave Browser- https://brave.com/bit302 https://brave.com/bit275
It’s time to explore a new coin and today Mike sits down with Karim to break down one of his favorite cryptocurrency projects, Loom Network. While on the surface this may just look like a gaming platform, Loom is actually pursuing the broader vision of creating scaling solutions for Ethereum. Have you ever heard of a coin which had a kick-starter but no ICO? And what exactly is a Zombie Chain? You know what I’m going to say next… tune in to find out! LINKS TO TOPICS FROM THE SHOW Loom Whitepaper Loom Subreddit Loom Main Website Loom Block Explorer Loom FAQ Blog - Everything You Need To Know About Loom Network, All In One Place Blog - Zombie Battleground Launches on Kickstarter Blog - Plasma on Loom Network DAppChains: Scalable DApps With Ethereum-Secured Assets Blog - DAppChains: Scaling Ethereum DApps Through Sidechains Article - Ethereum’s First Production Scaling Project Is Here – But With a Catch JOIN OUR DISCORD HERE HELP SUPPORT THE PODCAST! PLEASE Subscribe and give us an honest rating on iTunes. These links are all referral links for us, but we use every one of these exchanges and wallets. Robin Hood is getting in the crypto game! You get a random stock valued between $5 and $200 and so do we, this is super exciting. Robin Hood has been one of the best experiences we’ve had with a CASH APP HAS BITCOIN! If you sign up through that link the show gets $5 and so do you! Stop the presses. The easiest to use money transfer application (yes it's easier than Venmo) now as a built in way to buy and sell Bitcoin. They even have a no - fee debit card you can use. Binance Exchange Binance is the primary location for many of the coins that are not available on CoinBase. They have the best user experience, don't use the USDT as a primary trading pair, and have reasonable customer service. Give them a look. Ledger Wallet Website This is where you buy the hardware wallet that we're always talking about on the show - we all use a Ledger Nano S. Podcast Theme Music Neledrax by Earradiate (2017) CryptoBasicPodcast@gmail.com 405.440.3260
Brent and Mike sit down with James Duffy, the Co-Founder of the Loom Network to discuss a multitude of topics. They talk gaming as it’s central to the Loom Network, and get specific about Zombie Battlegrounds, where it came from and why it’s working. They talk about James’s very short lived poker career, his 10 years in Korea, and meeting like minds everywhere around the world. As usual, things get a little off topic. We talk about Ethereum, Bitcoin, and even work in a little callback to an old 101 and pet project of Brent’s – Spankchain. The round table’s always bring out the best in the crypto space, or sometimes they ignore cryptocurrency completely and talk about food. LINKS TO TOPICS FROM THE SHOW Loom Network Website Zombie Battelground – The Magic: The Gathering style game on the Loom Network. Cryptozombies.io – Actually a really awesome site where you can learn to code. Delegate Call – site where you can earn tokens for questions and answers. James Duffy’s Twitter James Duffy’s Linked in - Yes it’s in Korean. Loom Network Medium HELP SUPPORT THE PODCAST! PLEASE Subscribe and give us an honest rating on iTunes. ETH Address: 0x9487f1B80693e0cF68EAF8F997E9C34Eb73F3B3D Ledger Wallet Website This is where you buy the hardware wallet that we're always talking about on the show - we all use a Ledger Nano S. CASH APP HAS BITCOIN! If you sign up through that link the show gets $5 and so do you! Stop the presses. The easiest to use money transfer application (yes it's easier than Venmo) now as a built in way to buy and sell Bitcoin. They even have a no - fee debit card you can use. CryptoBasicPodcast@gmail.com 405.440.3260 Theme Music - Neledrax by Earradiate (2017)
This week the team talks about cryptocurrency news regarding Libra, scams and more. Rapid Fire IKEA just allowed an invoice to be paid via the Ethereum blockchain (This was a stablecoin of some kind) BlockOne was fined 24M by the SEC. Siacoin only had to pay 225k CEO of Beaxy Exchange disappears, looks like they're insolvent. (Crypto Exchanges Creating a Token Rating System) Coinbase Blog - "Introducing the Crypto Rating Council" Create system that rates tokens on how close they are to a security "Although the U.S SEC has issued helpful guidance... Analysis requires fact-intensive analysis by knowledgeable experts Analysis is difficult, expensive, and will lead to judgement calls & disagreements So Coinbase brought together industry leaders, securities law experts to create "a scalable, points-based rating system centered around a set of several dozen, yes / no factual questions." Question derived directly from SEC guidance and case law They say they focused on "objective, repeatable, fact-driven questions" Council Members Anchorage Part of the Libra association Basically a crypto vault were transactions are validated by Quorum No usernames/passwords/phonenumbers nothing a hacker could use or get "clients whitelist devices held by their employees, who use the Anchorage app to submit transactions. You’d propose selling $10 million worth of Bitcoin or transferring it to someone else as payment, and a minimum of two-thirds of your designated co-workers would need to concur to form a quorum that approves the transfer." Also uses behavioral analysis, biometric signals, network signals. Its human AI mix Bittrex Circle Coinbase DRW Cumberland Genesis Grayscale Investments Kraken Scores range between 1 and 5 (5 being most like a security) Expected to change over time, and open to feedback Crypto Rating Council Bitcoin - 1.0 Absence of a marketed token sale & marketing efforts decentralized development and usage Anonymity of the Project Team Litecoin, Monero Ethereum - 2.0 Current functionality of the platform Absence of investment-like language or marketing Decentralized development and usage Zcash EOS - 3.75 Absence of investment-like language or marketing Current functionality of the platform Raised funds in excess of what would reasonably be necessary for development of the platform Decentraland, Hedera Hashgraph, Loom Network, Stellar, Tezos XRP - 4.0 Usage of securities-like language Sale of tokens or token interests prior to the existence of token utility Marketing of the token suggesting an opportunity to earn profits Decentralized development and usage CEO of Ripple has said its pretty clear XRP is not a security Ohio is no longer accepting BitPay (Libra Update, Thing Looking....Not Great) We know there's been tons of official opposition Federal Reserve, Treasury Department House and Senate banking Committes, EU antitrust officials, Indian and Chinese officials, and French straight out said they'd stop it WSJ Report Tuesday that Visa, Mastercard, and “other financial partners that signed on to help build and maintain the Libra payments network” are now reconsidering whether they should remain involved. Apparently FB been asking them to help and show support, and they are declining "Their reluctance has Facebook scrambling to keep Libra on track." Prior August reporting said Libra partners were wary that pushing Libra would "attract broader regulatory scrutiny of their activities" Lo and behold, DOJ requested Visa, Mastercard, Stripe & PayPal to provide a "complete overview of their money-laundering compliance programs and how Libra will fit into them.” Here's the rub None of the 28 association members have committed beyond nonbinding letters The $10 million that FB asked for each member for development? No one has paid it Multiple flanks FB facing heat from DOJ opening an antitrust investgation. Also the FTC and multiple states, like multiple Led by NY AG, but Colorado, Florida, Iowa, Nebraska, NC, Ohio, Tennessee, and DC involved Federal investigation getting cooperation from Snapchat Legal team for years kept a dossier of "ways that the company felt FB was trying to thwart competition" The tile of the documents....Project Voldemort Allege things like Instagram effectively barred users from linking to their Snapchat profiles in their bios. Also that Snapchat content was prevented from trending on the platform Supressed search results of snap-related searches But apparently FTC has contacted "dozens of tech executives and app developers” Investigators also looking into Onavo VPN FB bought in 2013 Later pressured into shutting it down amid reports it was sucking up lots of data about user app usage Its apparently this data that clued them in on WhatsApp posing a potential threat, and pushing them to buy it They were also using Onavo to monitor how people used Snapchat, how many snaps a day they sent THAT'S A SCAM Fair Win Story What is fair win? Well shit I might as well let them tell you word for word - Blockchain + gambling, blockchain + game, establish industry standard interface, 70% income anti-subsidy investor players. So this is being listed as a $150M Ponzi Scheme. Posted about on medium by Philippe Castonguay First red flag - the team consisted of a famous piano player (Dang Thai Son) and an instagram influencer's (Jessica Vu) pictures. Dude found typos and bugs all over the contract. He also found that the contract had been drained for 2600 ETH once on 7/27 with an old exploit. He then finds an exploit where you can essentially swap out an invite code and steal ETH from depositors to the contract. They got a group together to decide what to do and exposed the scam last week. And of course as soon as they announced the problem, team drained the accounts.