Category Archives: Neo

Daily technical analysis: NEO — November 12 (NEO/BTC)

CoinCheckup Technical Analysis

In order to support you and the crypto community with trading decisions, CoinCheckup is serving you with Daily Technical analysis updates for NEO & other Cryptocurrencies.

Note that this report is written on: Nov 12, 2017 10:15AM GMT

Technical Summary NEO: BUY

Moving Averages: 6 BUY / 6 SELL | Technical Indicators: 6 BUY / 2 SELL

NEO 24 hour Technical Indicators

What is are these indicators (click for more info):RSI, STOCH, STOCHRSI, MACD, ADX, Williams %R, CCI, ATR, Ultimate Oscillator, ROC, Bull/Bear Power

NEO’s Moving Average indicators

What is “moving average” (more info)?

NEO’s Background, Fundamentals, Investment stats & Long-term indicators

Thanks for reading!

Feel free to share your thoughts, feedback, and suggestions in the comments below. If you like this article share it on social and with your friends! :-)Subscribe and stay tuned for daily updates!You can also get in touch with the CoinCheckup for Feedback or new features you would like to see on the CoinCheckup website.

CoinCheckup | Crypto  ark   Analysis, Predictions & Investment stats

Disclaimer: Trading and investing in digital assets is highly speculative and comes with many risks. The analysis & stats from CoinCheckup are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Technical analysis stats are out of date the moment we post them. Scores on CoinCheckup are based on common sense Formulas that we personally use to analyse crypto coins & tokens. We’ll open source these formulas soon. Past performance is not necessarily indicative of future results. [Read the full disclaimer here]

Guidelines for Responsible Token Sales

Token sales allow developers to raise capital without the friction associated with traditional venture capital investment. As a force for good, these sales open and democratize a fund-raising process typically limited to insiders. However, they also allow scammers or incompetent developers to extract money from a public that lacks the ability to perform due diligence.

Token sales have played a large role in user adoption of the Ethereum blockchain, and we expect they will similarly help to drive the adoption of NEO. Given this reality, it is important to ask: how can we discourage fraudulent or poorly conceived token sales? It is not possible to evaluate every sale, and we should not be expected to do so given the decentralized nature of blockchain technology. Our approach is instead to set community expectations and increase awareness. With that in mind, this document aims to establish a set of best practices for token sales on the NEO ecosystem. We would encourage the NEO community to be wary of projects that do not follow these guidelines.

The guidelines:

  1. Working demo or proof-of-concept: as in traditional VC funding, a team should not receive millions of dollars without a working demo or proof-of-concept of their technology.
  2. Understanding of core technology: besides real code, the developers behind a token sale should have expertise in the technology they are using. This is easy to examine by reading their white paper. Does the white paper lay out a vision backed by such expertise? A poor quality white paper, for example, may simply use many buzzwords without saying anything coherent. We recommend the 0x white paper as an example written by a team with strong technological understanding.
  3. Transparent team: it should be clear who is behind the project, and how they are qualified to make the project a success.
  4. Company structure: how is the company hosting the token sale structured? Is it playing by the rules of local regulations?
  5. Well-defined and realistic roadmap: there should be a clear timeline for development and evidence that this timeline is realistic (for example, through existing code or past projects completed by the developers).
  6. Explicit allocation of funds: how is the project planning to use the funds raised? And does the allocation make sense?
  7. Public audit of the smart contract (SC) used for the token sale: smart contract code should be released with a reasonable amount of time for community review before users contribute to the sale. Smart contracts can have bugs, and it is important that the public know exactly what they are contributing to. For example, a public SC would have prevented some confusion about the timing of the second round of the RPX sale.
  8. Avoid explicit advertising campaigns: token sales that create web advertisements or engage in heavy marketing campaigns are often scams.
  9. Fair token distribution: ideally, tokens distributed through token sales should not be too heavily weighted towards an individual or a few individuals. For example, one large whale (or the developers) should not have ownership of 90 percent of the tokens.
  10. Responsible claim of involvement or endorsement: token sales should not advertise the NEO or CoZ name as part of their marketing campaign, or claim that NEO or CoZ had a hand in their creation, unless explicitly given permission for it with an announcement in official CoZ and NEO channels.

As you decide whether a token sale is worth participating in, we recommend you re-visit each of the items on this list. The NEO ecosystem is maturing quickly, and we hope that community members will hold token sales to a higher standard than what we have seen so far with Ethereum.

— CoZ Council


Guidelines for Responsible Token Sales was originally published in Proof of Working on Medium, where people are continuing the conversation by highlighting and responding to this story.

Weekly Report #16–2017.10.31

City of Zion (CoZ) is a global community of open source enthusiasts, with the shared goal of helping NEO achieve its full potential. CoZ primarily operates through the community Slack and CoZ Github, central places where the community shares knowledge and contributes to projects.

CoZ is neither a corporation, nor a consulting firm or a devshop / for-hire group.

Governance

There is no formal process in joining CoZ. Interested individuals will have to do the work first, and the submitted code has to be licensed under the MIT License. Consistent contributors will become eligible to join the CoZ organization, and begin collaborating on projects. The governance process of this organization can be found here.

Funding

Since its inception, the CoZ Council has been in close contact with the NEO Council. The NEO Council provides support to the community, in the form of NEO rewards, which CoZ redistributes weekly.

For individuals who are interested in financially supporting CoZ development, our donation address is AXSoNQEKjmqPBNPg5cNrHyWivfjok3Vj9D.

For transparency, CoZ Council members are excluded from weekly NEO rewards, and any CoZ competitions. This week, 882 NEO were awarded for the following contributions to the NEO ecosystem.

Campaigns

dApp Competition:

Registration is now open! We hope that the launch of this NEO dApp competition will spark further learning, and sharing of insights on the #develop channel (NEO Slack).

Stack Exchange:

We need experienced Stack Exchange users (with more than 200 reputation) that want to be active in our community, to commit to the proposal. You can do so here.

Ecosystem Updates

Ledger:

NEO Ledger App has been successfully added to the Ledger App Store. Find out more here.

Ozone Wallet:

Ozone Wallet is now available in the Apple App Store. Ozone Wallet supports NEP2 standard, and neo-swift (Ozone backbone) has added NEP5 support.

Neo Community Development Videos:

Video 1: Open source community ecosystem

Video 2: Compiling a Hello World smart contract

Neo Documentation (neo-docs):

Initial Brazilian Portuguese documentation

Development Updates

Neo Python (neo-python):

  • Added support for MultiSignature contracts
  • CLI Prompt Improvements
Bug fixes, updated help, added autocomplete for addresses
Ability to specify settings file on startup
Display of testnet vs mainnet, auto refresh block progress
  • Wallet Improvements
Ability to send assets from a specified address in wallet
Ability to add watch address and contract address
Ability to delete address
Better output of current balances and synced balances
Fixed display issue with public key of addresses
  • Python Compiler Improvements (neo-boa)
Improved handling of array and bytearray slices (eg. mylist[a:b+2])
Improved documentation
Added Docker file
  • Ongoing development
Add support for withdrawals from contract addresses

Neon Javascript SDK (neon-js):

  • Modifications to support Ledger transaction signing
  • Documentation of new API methods
  • Method to compute get transaction ID
  • Bug fix for getstorage encoding
  • Support for getversion RPC
  • Support for unencoded public keys

Neon Wallet (neon-wallet):

  • Complete major refactor
  • New message notification system
  • Complete Ledger integration
  • Add hot reloading for smoother development
  • Enhancements for wallet homepage
  • Update tests
  • Optimize styles

Blockchain Explorer (neo-scan):

  • New design implementation
  • French Translation
  • New API calls
  • Refactor to work as support for neon-db
  • Market Graphs

Neo Debugger Tools (neo-debugger-tools):

  • A suite of development tools for NEO smart contracts
  • Includes a CLI disassembler and a GUI debugger

Neo Go SDK (neo-go-sdk):

  • ValidateAddress RPC function
  • GetStorage RPC call

Follow CoZ on Facebook, Medium Publication and Twitter for the latest updates on CoZ development!

Weekly Report #16–2017.10.31

City of Zion (CoZ) is a global community of open source enthusiasts, with the shared goal of helping NEO achieve its full potential. CoZ primarily operates through the community Slack and CoZ Github, central places where the community shares knowledge and contributes to projects.

CoZ is neither a corporation, nor a consulting firm or a devshop / for-hire group.

Governance

There is no formal process in joining CoZ. Interested individuals will have to do the work first, and the submitted code has to be licensed under the MIT License. Consistent contributors will become eligible to join the CoZ organization, and begin collaborating on projects. The governance process of this organization can be found here.

Funding

Since its inception, the CoZ Council has been in close contact with the NEO Council. The NEO Council provides support to the community, in the form of NEO rewards, which CoZ redistributes weekly.

For individuals who are interested in financially supporting CoZ development, our donation address is AXSoNQEKjmqPBNPg5cNrHyWivfjok3Vj9D.

For transparency, CoZ Council members are excluded from weekly NEO rewards, and any CoZ competitions. This week, 882 NEO were awarded for the following contributions to the NEO ecosystem.

Campaigns

dApp Competition:

Registration is now open! We hope that the launch of this NEO dApp competition will spark further learning, and sharing of insights on the #develop channel (NEO Slack).

Stack Exchange:

We need experienced Stack Exchange users (with more than 200 reputation) that want to be active in our community, to commit to the proposal. You can do so here.

Ecosystem Updates

Ledger:

NEO Ledger App has been successfully added to the Ledger App Store. Find out more here.

Ozone Wallet:

Ozone Wallet is now available in the Apple App Store. Ozone Wallet supports NEP2 standard, and neo-swift (Ozone backbone) has added NEP5 support.

Neo Community Development Videos:

Video 1: Open source community ecosystem

Video 2: Compiling a Hello World smart contract

Neo Documentation (neo-docs):

Initial Brazilian Portuguese documentation

Development Updates

Neo Python (neo-python):

  • Added support for MultiSignature contracts
  • CLI Prompt Improvements
Bug fixes, updated help, added autocomplete for addresses
Ability to specify settings file on startup
Display of testnet vs mainnet, auto refresh block progress
  • Wallet Improvements
Ability to send assets from a specified address in wallet
Ability to add watch address and contract address
Ability to delete address
Better output of current balances and synced balances
Fixed display issue with public key of addresses
  • Python Compiler Improvements (neo-boa)
Improved handling of array and bytearray slices (eg. mylist[a:b+2])
Improved documentation
Added Docker file
  • Ongoing development
Add support for withdrawals from contract addresses

Neon Javascript SDK (neon-js):

  • Modifications to support Ledger transaction signing
  • Documentation of new API methods
  • Method to compute get transaction ID
  • Bug fix for getstorage encoding
  • Support for getversion RPC
  • Support for unencoded public keys

Neon Wallet (neon-wallet):

  • Complete major refactor
  • New message notification system
  • Complete Ledger integration
  • Add hot reloading for smoother development
  • Enhancements for wallet homepage
  • Update tests
  • Optimize styles

Blockchain Explorer (neo-scan):

  • New design implementation
  • French Translation
  • New API calls
  • Refactor to work as support for neon-db
  • Market Graphs

Neo Debugger Tools (neo-debugger-tools):

  • A suite of development tools for NEO smart contracts
  • Includes a CLI disassembler and a GUI debugger

Neo Go SDK (neo-go-sdk):

  • ValidateAddress RPC function
  • GetStorage RPC call

Follow CoZ on Facebook, Medium Publication and Twitter for the latest updates on CoZ development!

Daily technical analysis: NEO — October 31 (NEO/BTC)

CoinCheckup Technical Analysis

In order to support you and the crypto community with trading decisions, CoinCheckup is serving you with Daily Technical analysis updates for NEO & other Cryptocurrencies.

Note that this report is written on: Oct 31, 2017 07:16AM GMT

Technical Summary NEO: STRONG SELL

Moving Averages: 1 BUY / 11 SELL | Technical Indicators: 0 BUY / 9 SELL

NEO 24 hour Technical Indicators

What is are these indicators (click for more info):RSI, STOCH, STOCHRSI, MACD, ADX, Williams %R, CCI, ATR, Ultimate Oscillator, ROC, Bull/Bear Power

NEO’s Moving Average indicators

What is “moving average” (more info)?

NEO’s Background, Fundamentals, Investment stats & Long-term indicators

Thanks for reading!

Feel free to share your thoughts, feedback, and suggestions in the comments below. If you like this article share it on social and with your friends! :-)Subscribe and stay tuned for daily updates!You can also get in touch with the CoinCheckup for Feedback or new features you would like to see on the CoinCheckup website.

CoinCheckup | Crypto  ark   Analysis, Predictions & Investment stats

Disclaimer: Trading and investing in digital assets is highly speculative and comes with many risks. The analysis & stats from CoinCheckup are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Technical analysis stats are out of date the moment we post them. Scores on CoinCheckup are based on common sense Formulas that we personally use to analyse crypto coins & tokens. We’ll open source these formulas soon. Past performance is not necessarily indicative of future results. [Read the full disclaimer here]

NEO Rebrands its Web : Can NEO/USD Keep the Increasing Pace

NEO price is returning above its range after dropping to the lows of $27.17. Will the pair continue climbing upwards and be the only one gaining for the day? NEO the Only Lead-Crypto Increasing on October 30 After entering its range-bound pattern between $28-$29 on Oct 26, NEO price lost to the bears declined towards the levels lower than $27.00 on some exchanges. However, supports around that...

Source

NEO Coming Strong on Oct 24 Making it Above $30.00

NEO price had an all day recovery surge process going on. The trade NEO/USD made it to $32.70 and now it is consolidating and preparing for another rally. ‘The Ethereum of China’ just rocked above Range After its weekly surge on Oct 17, NEO price could not withstand near-term profit making bears and returned entering its range bound again between the important $30.00 mark and $26.50.

Source

Qlink Noticed you have questions as such

Qlink held an AMA on the NEO subreddit on Oct 22 10pm and explained the form of partnership with the NEO Council. First of all, thank you for all your questions and support. Allen answered questions with full sincerity. Hopefully you are getting a clearer picture about our project. We noticed the questions been asked the most are about our ICO plan, future telecom public chain develop plan, and our team’s track record.

Thank you for joining

Our presale/ICO/ date is about to be confirmed very soon. Talk to the core team by joining our Telegram and follow our Twitter @Qlink_mobi. We look forward to talking to you and addressing all questions you may raise.

To begin with, yes, Qlink will be running an ICO on both NEO and Ethereum, generating both a NEP5 and ERC20 token. Token holders will have access to free WiFi and free data for specific content, receive a share in profits from mobile network users and also receive profits from a mining power pool embedded in Qlink’s base station.

The partnership between NEO and Qlink also includes a telecom public chain co-developing agreement. The Qlink chain will store information such as user billing data and crypto tracking records, whilst the NEO blockchain can be used to register infrastructure assets such as WiFi hotspots, routers, wireless base stations, and their topology. Qlink chose NEO as a partner because the ecosystem and transaction capacity are excellent.

According to Allen, a Qlink app for users to gain tokens when sharing their extra SMS package and to consume available content. Allen also disclosed that a Qink SIM might be launched after the base stations established.

The core team behind Qlink come from YouYou Mobile, a WiFi service that covers over 100 countries. YouYou Mobile has served over 6 million travel customers and partnered with over 40 telecom carriers world wide. Last year, YouYou mobile’s revenue was 120 million CNY. Taking the advantage of the established business, Qlink will have YouYou Mobile as first partner and allow users to tap into the Qlink network.

You can read the AMA questions and answers below or visit the thread here.

dreit1: What does this actually have to do with NEO? As I understand it, you’re planning on building on QTUM blockchain so whats the relation, commercial agreement and codevelopment plan is too vague.

xiaoyux : Actually, we will use NEO’s smart contract on NEO chain at the beginning and at the same time our engineer work together to develop public chain for telecom industry. because of history reason, we will continue current develop DApp on ether and move it to our public chain in next year.

dreit1: Thanks for the response
So what will the initial smart contracts on the NEO blockchain entail. Will it be solely for ICO or will there be a functional component on there before developing your own chain.
Why is there need to develop your own public chain if you plan on using NEO?

xiaoyux: hi, we divide the mobile networks into two parts on blockchain. one is the infrastructure part, the other is service part. for infrastructure, we will store it on neo chain ,and the service part including billing data and content track record will be stored on qlink chain. so we don’t use neo’s only for ICO but for functional component.

Atomic_ghost1: Hi Allen! Thanks for doing this!
Can you go into more detail about how you intend qlink to function with the neo blockchain?
What platform do you think has been the best to work with so far and why is it Neo?

xiaoyux: thanks for your support first of all. we intend qlink to function with Neo blockchain in two steps: first is the Neo’s smart contract deployment, second is we develop public chain with Neo’s engineer to support the cross chain protocol between Neo. Neo is the first public blockchain. currently we think Neo is better choice for Qlink to consider as Neo’s ecosystem and transaction capacity are excellent; NEO also has a strong developer team.

dustyaus: I think one of the most interesting things about the Qlink project is the foundation you have in YouYou Mobile. Will Qlink be tapping into the existing user base you’ve built up through YouYou Mobile, or will the two entities be completely independent from one another?

xiaoyux: haha, yes, for Qlink we have user foundation to landing our DApp. and youyou mobile will be first partner of Qlink mobile network. that means youyou mobile users will be tapping into qlink. but from law view, youyou mobile and qlink is independent entity.

miloandweatbix: As I understand it you are using ethereum, qtum and neo and you started with ethereum as you were not aware of neo’s abilities. What are the main benefits of neo’s platform over the other platforms for your project?

Qlink_mobi: Neo’s ecosystem and transaction capacity are excellent; NEO also has a strong developer team. Our goal is to build a decentralized mobile network including wifi network, LTE base station, router, billing and supporting system, which requires larger capacity
xiaoyux: yes, we are proceeding the multi chain mode at this stage. I think neo’s advantage compared with other public chain is: first the pbft consensus is suitable to the asset store, second cost and transaction capacity is the key point for DApp when using public chain, third is community and technical support for us. these advantage is accumulated by neo

jjyoung16: I second Badeindi’s post that you should make it obvious that you are working with NEO. I also want to know if you are going to run an ICO and if so what platform you’ll be using?

Qlink_mobi: Yes An ICO is under schedule by deploying smart contract on NEO.

NeoAntshares88: Excellent news for Neo…any plans for an ICO? If so please state when that would happen?

Qlink_mobi: Stay with us, a timeline will be confirmed very soon.

Arco91: First of all thank you, very interested to hear more about this!
What kind of strategic partnership did you form with NEO? If you plan to launch on QTUM what role does NEO play? Also you talk about a commercial agreement and co-developing plan, what exactly does that mean?

Qlink_mobi: Thank you for you support, NEO is our investor and we will develop a Telecom industry focused public chain together.
xiaoyux: Thanks for you support, NEO is our investor and we will develop public chain together supporting cross chain protocol with neo. and for qtum, we are testing them. Qlink is looking for the public chain suitable to telecom industry. that will be achieved by qlink and neo together.

miloandweatbix: You have stated that eventually you want to set up your own mainnet and that neo council devs will be helping you with that. What is the incentive for the neo council help you with this?

Qlink_mobi: Actually, Qlink mainnet supports the crosschain protocol with neo chain, and at the sametime, qlink mainnet will store the qlink user’s billing information for traffic and SMS, the wifi and basestation assets will be stored on neo chain.

boypunas: is this another one of those whitepaper ICO’s ? do you have a working product?

xiaoyux: no, qlink just have one ICO, not another, the product is under developing and testing, you can follow us progress through GitHub. 🙂

CholoCholino: where is the team based ? a decentralized communicaion system could possibly face some legal/govt resistance any comments on this issue?

Qlink_mobi: Qlink is registered as a non-profit organization in Singapore and set our headquarter there. The team members spread out in Singapore, Hong Kong, China.

pho_tai: What is benefit of Qlink token holder? Also who are partners now? What are revenue of company pass years?

xiaoyux: Qlink token holders have three benefits: one is that holders can use free wifi and free data plan for specific content. two is holders can get profits from mobile network users, three is holder can get profits from mining power pool embedded in qlink base station. we have gained 120 million CNY last year.

R0ugeTrader: Hi, Can you tell me more? I did find a little @ https://medium.com/@Qlink/introduction-of-qlink-2383485117f

Found this link also http://www.qlink.mobi/f/qlink/en_index

Qlink_mobi: Stay tuned, our whitepaper will be published containing technical details and business explainations. Our blog is also updating regularly with our developement progress

drkenpoleninja: How does this compare to substratum? I know they are focused on a decentralized internet, but it does have crossover into mobile. Any thoughts on this?

xiaoyux: hi, I hear of substratum first, I think the most difference is that we are building decentralized mobile network even including base station. these is not the application level but more infrastructure. you know telecom network is foundation of internet.

Jonatanblockchain: How much Qlink is related (in Technology/Vision) to FON? If its related, a partnership with FON could be nice, Martin Varsavsky always has been very open minded to new technologies and he might be interested in blockchain.

xiaoyux: are you familiar with FON? haha, I know FON when they start their business. yes we are very glad to have a collaboration with FON, but our advantage is more light compared with FOM business model. if you can introduce Martin to us, that is very appreciated. don’t hesitate to call me if you want proceed the idea.

StupZeR: How can we connect and use qlink, do you need an sim card from qlink ? And how are you going to do the crowd founded base stations?

xiaoyux: you can download qlink DApp on your smartphone. and access global wifi, DIY your own data plan and build your own mobile network with qlink basestation: for qlink wifi service and data plan, SIM card is not needed. but for qlink basestation in next year, qlink SIMs is needed.
Qlink is developing our small basestation embedded with the mining power such as ETH and Zcash. this product can sold to users directly and users can build their own mobile network. qlink base station comply with LTE-U protocol.

omnisys: 1) Will Qlink partner exclusively with NEO? Or will it be NEO + ETH only or NEO + ETH + maybe QTUM?
2) What are Qlink’s full product range? It writes decentralised mobile network, but what do you guys define under that term? For example, will there be 4G Mobile Sim cards in certain countries that supports voicecalls etc? For these products, which countries will support them?

xiaoyux: currently qlink is under the multi chain development mode. so it is NEO + ETH + maybe others. qlink product including wifi service , data plan such as SMS and traffic. actually qlink may issue own sim cards one day to support qlink service. currently our virtual sim technology support all the GSM and LTE mode in world.
decentralized network including three aspects: one is decentralized deployment of network , second is decentralized billing of users, third is decentralized operation mode for base station.

omnisys: 1) Please elaborate on data plan such as SMS and traffic. Does it mean mean that if I have Qlink app on my phone, I can send SMS and have data roaming from anywhere?
2) Since Qlink currently does not have any SIM cards, when will the day actually come? Which quarter of the year?
3) Currently there is virtual Sim? Am I able to try to see how it works? If so, how? Will these virtual Sim technology perform exactly like a normal Sim card, where I can make calls, send/receive SMS & data?

xiaoyux: question 1: if you have qlink app on you smartphone, you can gain token through sharing your SMS plan and consuming specific digital content. for roaming scenarios , we have virtual SIM technology embedded mobile wifi. question 2:qlink service is provided without SIM first in wifi and DIY plan scenarios. when we launch our base station, users can share LTE-U cell to others, Qlink will issue our SIMs Question 3:we have mature virtual sim technology and operated it for 3year with mobile wifi. can you give me your email and I send some doc to you for more detail of virtual sims.

vermiiiion: What are your thoughts on the impact of decentralised networks on the global economy if they become widely adopted? It’s a revolutionary tech, so are there any unprecedented impacts that the general community may not know of?

xiaoyux: yeah, if qlink become widely adopted, I think the mobile network service will be more security more cheaper and more efficiency compared with current mobile network operation.
we think blockchain technology is the two sides of coin. blockchain will change the telecom industry, but we need to prevent from the energy wasting and speculate.

weisumyungho: Is this being done for qtum and neo ?
Thanks for doing this!

xiaoyux: currently we are doing for ETH and NEO. qtum is just under testing.

parastekade: Is neo Dev are in qlink team??

xiaoyux: we work together for the cross chain protocol. but currently not in qlink team,

TheJ1ub: How many customers does Qlink has? Do you have any revenue?

xiaoyux: yes, Qlink have 4 millions users in Asia. youyou mobile gained 120 million CNY last year and will be first customer of qlink network.

parastekade: What will be supply and how will u use qlink token … ?

xiaoyux: if you use your smartphone to share wifi password, send SMS and consume specific digital content with qlink DApp, you will gain qlink tokens. and with qlink tokens, you can access global wifi, using free 4G data plan. and join qlink mining pool to mine ETH Zcash etc.

daysinhk: @parastekade Can you be specific, supply for what?

parastekade: What will be total supply of qlink tokens?

daysinhk: We will announce token plan soon, please bear with us. Thanks.

Lebruuuuun: How does Qlink make money ?

daysinhk: We are registered as non-profitable foundation, our agenda is to grow the community and to solve the problem and achieve the greater benefit through most cost-efficient way. Qlink will be sustainable without directly making money.

Takumi3k: Are you going to use NEO for ICO?

xiaoyux: yes

Sarry2525: Is there a Japanese white paper?

xiaoyux: under preparing, we will release when it is ready. are you from japan?

BoomaNZ: Hi, how do you plan to ICO if they are banned in China ? Will it be for licenced investors only ? Will your ICO be on NEO or ETH ?

xiaoyux: In ICO procedure, we don’t accept Chinese investor. all the accepted investor need finish KYC process and Qlink ICO will be on NEO and ETH.

CholoCholino: How is the value of Qlink token captured? What are the benefits for investors. Can you give me some reasons why it is worth for an investor to invest in Qlink?

xiaoyux: Qlink token have its value from three aspects: 1 Qlink token holder can access wifi and free data plan for specific digital content 2 Qlink token holder can get profit from the mobile network sharing 3 Qlink token holder can use qlink basestation to get profit from mining ETH and Zcash.

CholoCholino: Is Qlink a securitie token and will it get listed on popular exchanges?

xiaoyux: no, Qlink is not a securitie token. we invite lawyer to make sure it. Qlink will get listed the hitbtc, etherdelta at phase 1. After that Qlink will develop more than 10 thousands users in future 6 months. with these users, qlink can be got listed on any exchanges.

CholoCholino: Is the Qlinktokensvalue connect to the success of the company? If yes in what way?

xiaoyux: haha, I think we should clarify the success of company first? we want to do something to change the telecom industry. make it more security more cheaper and more efficiency. I think qlinktokenvalue is necessary. but it is not all.

Passive Income With Cryptocurrencies?

Crypto world is blooming and money influx only looks to be gaining momentum. We are seeing growing interest in earning passive income with cryptos, but the problem is that many of those projects don’t bring anything new to the table. Just a note that this is not a how-to article, but an article focusing on projects that are innovative, recognized by the community and that will generate you more passive income than any pension fund ever would.

Let’s also quickly go over what passive income is, so you wouldn’t have a false feeling of this loosely used term. I will paint you a quick picture of where and how we usually get off the rails and we will then dive into the crypto sphere and find out which projects are worth the trouble.

What is Passive Income?

The phrase “passive income” leaves people with feelings that they never have to do more than a few clicks to get those passive income streams flooding in. Type “passive income” on your search bar and the first thing you are probably going to see is something like this…

This assumption couldn’t be more wrong.

Passive income is usually defined as money being earned with little or no effort, something that is visualized as work-form-home-be-your-own-boss lifestyle. What isn’t realized is that before this can happen work/investments have to be put in. Passive income can happen when you take money/time and invest it in front. As that investment grows you will generate passive income.

For example, you buy an apartment for $300,000 and 3 years later you sell it for $345,000. The $45,000 is your passive income.

What we need to keep in mind is that getting to a point where one can afford $300,000 apartment didn’t happen overnight. People tend to confuse passive income streams with residual income. Residual income is where you do the work and get paid the equivalent of work you have put in. Passive income (in the perfect world) is where you get paid over and over again for work that you did once. Don’t get this wrong, the work you put in is in correlation with the income stream you are going to receive.

In the crypto world, the earning potential is definitely worth exploring.

Decred (Proof of Stake)

Decred (Decentralized Credit), in my opinion, is one of the most undervalued cryptos in the solar system. One of the first cryptos that combined PoW (Proof-of-Work) and PoS (Proof-of-Stake). This combination means that miners and stakers (holders) both have the voting power to make decisions (i.e about upgrades) and this is one of the prime examples of democracy in the crypto world. True stealth mode project backed by a brilliant team and knowledgeful community.

Why exactly should we care about Decred PoS system and how does it help us generate passive income?

One of the key incentives from the passive income perspective is their PoS ticket system. In simple terms, your Decred holdings make you eligible to purchase tickets. If your ticket gets drawn, you will get back the ticket amount + reward. If your ticket is not drawn, you will still get back the Decred (DCR) that was invested into the ticket.

For example: If the current ticket price is 65 DCR and you have 325 DCR you could buy 5 tickets. If your ticket is drawn, you will be rewarded with a 2.15% interest per ticket, which currently equals to ~1.4 DCR. What you need to consider is that your funds used to purchase tickets are locked until the ticket is selected to vote or if it expires. I, personally, wouldn’t worry about this too much if you are in it for the long-term. However, you should have your risk margins calculated and this is definitely a factor to consider.

So what are the chances of my ticket voting?

Statistically, your ticket gets to vote on average within 28 days and it has a 99.5% chance to vote before expiry (142 days). In order for this to be profitable, it must generate more interest than a bank. In the USA this is a 2.25–2.40% 5 year CD. Let’s compare this with our Decred example. You have 5 tickets which means you have a fair chance of earning 7 DCR per month as a passive income. This equals average 84 DCR/year (DCR = 33.38 USD at the press time) meaning 25.84%/year ROI on 325 DCR. One could argue that this is a far riskier investment, but then again, there is no need to go all in as there is no need to keep all the eggs in one basket. Even though the price of the ticket has gone up Decred smashes into our top passive crypto income list easily.

Advantages compared to alternatives:

  • In my opinion, heavily undervalued
  • Your vote has direct influence
  • Very attractive ROI potential

Disadvantages compared to alternatives:

  • Relatively high vote (entrance) cost (~65DCR/~2170 USD). Possible split ticket variations in the future.
  • In order to Solo Stake, you need a computer with 24/7 Internet connection (Pool Stake is possible, comes with a 5% fee)
  • Locked in tokens during staking
  • Factor of luck

Here are few get-you-started links with Decred:

https://dcrstats.com/ (ticket price, statistics, pools)

https://docs.decred.org/faq/proof-of-stake/general/ (general info)

https://www.decredible.com/ (wallet, how-to)

https://reddit.com/r/decred (community)

NEO (NEO Gas)

NEO is currently one of the most promising crypto projects in the world and owning their tokens can earn you money while you sleep. Setting it up couldn’t be any easier either and there is no catch. You just need to accumulate yourself some NEO tokens — get them off the exchange and earn dividends.

The so-called dividends are called Neo Gas and Neo Gas to NEO is like a fuel for a car. With that “fuel” you are able to make transactions in the blockchain network. For example, if you are making transactions with Ethereum you are paying Ethereum Gas in order to make the transaction go through. The nature of the beast is the same for NEO with the exception that gas for Ethereum couldn’t be earned by just hodling Ethereum. The only thing you have to do is get your NEO tokens off the exchange into a private wallet. Otherwise, exchanges will be claiming your Gas.

Let’s take a quick look at the actual numbers.

If your current NEO holdings are around 100 tokens you would be looking at a 10 free NEO Gas tokens per year. 10 NEO Gas/year (NEO Gas = $22.39 USD at the press time) meaning 7.41%/year ROI on 100 NEO.

There will only ever be a finite amount of Gas produced so its price will rise over time. And if the value goes up, well… Let’s just say there is a fair amount of potential in this project. NEO and NEO Gas breeze through top passive crypto income easily.

Advantages compared to alternatives:

  • Extremely easy to set up
  • No entrance restrictions

Disadvantages compared to alternatives:

  • ROI potential

Here are few get-you-started links with NEO:

https://neotogas.com (NEO Gas calculator)

https://www.reddit.com/r/NEO/ (community)

https://neo.org/ (general)

ARK (Delegated Proof of Stake)

Why we think ARK is one of the best passive income cryptos at the moment? Click here to read it directly from our blog:

Passive Income With Cryptocurrencies - CryptoIncome

NEO (“Antshares”) Price on Recovery Rally: GOV Cryptocurrency possible Collaboration – China’s Ethereum Prediction

The recent stage-entered crypto-coin NEO (formerly known as Antshares before rebranding) experienced major price upward climb on Monday Sep 25 after an interview of the director – Da Hongfei (NEO’s creator) was made public by Dutch news outlet Het Financieele Dagblad.

Initially comments on the China regulation event were given out by the founder as the official were consulted with him about the ICO ban suggestions.

That was followed on a statement that there is a possible collaborative future between NEO and the Chinese Gov:

“I do not expect the government to call me in the short term and say, ‘Let’s use Neo as the blockchain technology infrastructure in China.’ But in the medium term? Why not? I think it’s possible.”

The significant steam hoisted the price up to $27.00 in a couple of hours with 25% gain in only 24-hours. This could be NEO’s highest price for around 20 days now since it continual declining pattern started the moment the value reached its all time high – approx $51.00.

neo future forecast

The market capitalization of the 10th on the list reached $1.3 billion with the recovery and the trading volume is on the rise for the moment being around $100 million.

The $20.70 resistance level was very important to be cleared as it opens doors for more gain and changes the descending flow created for more than a month now.

Even that the collaboration is sometime in the future and might not take materialization form for the holders but keeping the part of the network share and believing in the team behind it is a way to start.

One of the most promising coins on the market with its idea and enthusiasts supporting it. Let’s wait what future holds for NEO.

Read Also:

– For more Cryptocurrency market related Updates and News Follow us on our Facebook and Twitter pages..

The post NEO (“Antshares”) Price on Recovery Rally: GOV Cryptocurrency possible Collaboration – China’s Ethereum Prediction appeared first on Ethereum World News.

Market Summary for 14 September 2017

  • Market drifted down again, pulling down C3 (-7.0%) and C10 (-6.7%)
  • BTC/USD (-7.4%) fell and moved below $4000; Other coins also dropped from 6% to 8%; XMR/USD (-1.8%) and NEO/USD (-4.7%) were holding at support
  • JPMorgan’s Jamie Dimon claimed that Bitcoin is a fraud; Monero had a scheduled protocol upgrade and enforced RingCT transactions; NEO successfully integrated with Ledger Nano S

Market drifted down again, pulling down C3 and C10 by 7.0% and 6.7%.

BTC/USD fell 7.4% and moved below $4000. Other coins also dropped from 6% to 8%, while XMR/USD and NEO/USD were holding at support with 1.8% and 4.7% only.

JPMorgan’s Jamie Dimon claimed that Bitcoin is a fraud and it would fall harder than the tulip bulbs. This triggered lots fears and a market selloff. Meanwhile, Monero had a scheduled protocol upgrade today, enforcing its RingCT transactions which was proposed earlier this year. On the other hand, NEO successfully integrated with Ledger Nano S, which was one of the most popular requests from the community.

Want to diversify your cryptocurrency portfolio? Visit our website to learn more!


Market Summary for 14 September 2017 was originally published in Cryptomover on Medium, where people are continuing the conversation by highlighting and responding to this story.

Weekly Report #10 — 2017.09.11

City of Zion (CoZ) is a global community of open source enthusiasts, with the shared goal of helping NEO achieve its full potential. CoZ primarily operates through the community Slack and CoZ Github, central places where the community shares knowledge and contributes to projects.

CoZ is neither a corporation, nor a consulting firm or a devshop / for-hire group.

Governance

There is no formal process in joining CoZ. Interested individuals will have to do the work first, and the submitted code has to be licensed under the MIT License. Consistent contributors will become eligible to join the CoZ organization, and begin collaborating on projects. The governance process of this organization can be found here.

Funding

Since its inception, the CoZ Council has been in close contact with the NEO Council. The NEO Council provides support to the community, in the form of NEO rewards, which CoZ redistributes weekly.

For individuals who are interested in financially supporting CoZ development, our donation address is AXSoNQEKjmqPBNPg5cNrHyWivfjok3Vj9D.

Beginning from this week, CoZ Council members are excluded from weekly NEO rewards, and CoZ competitions. This week, 339 NEO were awarded for the following contributions to the NEO ecosystem.

Campaigns

dApp Competition:

First-ever NEO dApp competition, with a total prize pool of 13500 GAS. There will be a total of 10 winning applications, each receiving 1350 GAS. More information here.

We hope that the launch of this NEO dApp competition will spark further learning, and sharing of insights on the #develop channel (NEO Slack).

Stack Exchange:

We need experienced Stack Exchange users (with more than 200 reputation) that want to be active in our community, to commit to the proposal. You can do so here.

Core (neo-project/neo):

  • Neo Unit Tests — Ongoing testing of the core Neo project

Neo Javascript BlockChain (neo-js-blockchain):

  • The npm module is available as ‘neo-js-blockchain’
  • Full and Light node support
  • Implementation of auto-sync and blockchain verification mode
  • Hot-switching between local and remote nodes as blocks are available
  • Begin Javascript Smart Contract ‘compilation’ initiative
  • On Deck — Expand Blockchain API calls (like NEP5) and development roadmap

Mobile Wallet (Android/IOS):

  • Testing of functionality
  • Refactor code
  • Working on Address Book that saves addresses

Neon Javascript SDK (neon-js):

  • Refactor to support new 0x transaction naming.

Neo Python (neo-python):

  • Smart Contract Invoke functionality (both local ‘test’ invoke and real invoke)
  • Smart Contract Deploy functionality
  • Updated CLI help and other methods to display help functionality (such as account view, account search, asset view, asset search, contract view, contract search, contract invoke/depoy, etc)
  • Demo of Smart Contract load/deploy, along with other functionalities

Blockchain Explorer (neo-scan):

  • Auto-repair algorithm.
  • CI and docker support (@steffenix)

NEO Swift SDK (neo-swift):

  • All blockchain read operations
  • Cryptographic wallet generation (private key, wif, address, public address)
  • Send asset transaction for both NEO and GAS
  • First step towards native NEO applications on iOS and macOS

Documentation

  • Japanese translations of framework/dotnet/smart contracts documentation
  • Improved English documentation

Follow CoZ on Facebook, Medium Publication and Twitter for the latest updates on CoZ development!

Weekly Report #10 — 2017.09.11

City of Zion (CoZ) is a global community of open source enthusiasts, with the shared goal of helping NEO achieve its full potential. CoZ primarily operates through the community Slack and CoZ Github, central places where the community shares knowledge and contributes to projects.

CoZ is neither a corporation, nor a consulting firm or a devshop / for-hire group.

Governance

There is no formal process in joining CoZ. Interested individuals will have to do the work first, and the submitted code has to be licensed under the MIT License. Consistent contributors will become eligible to join the CoZ organization, and begin collaborating on projects. The governance process of this organization can be found here.

Funding

Since its inception, the CoZ Council has been in close contact with the NEO Council. The NEO Council provides support to the community, in the form of NEO rewards, which CoZ redistributes weekly.

For individuals who are interested in financially supporting CoZ development, our donation address is AXSoNQEKjmqPBNPg5cNrHyWivfjok3Vj9D.

Beginning from this week, CoZ Council members are excluded from weekly NEO rewards, and CoZ competitions. This week, 339 NEO were awarded for the following contributions to the NEO ecosystem.

Campaigns

dApp Competition:

First-ever NEO dApp competition, with a total prize pool of 13500 GAS. There will be a total of 10 winning applications, each receiving 1350 GAS. More information here.

We hope that the launch of this NEO dApp competition will spark further learning, and sharing of insights on the #develop channel (NEO Slack).

Stack Exchange:

We need experienced Stack Exchange users (with more than 200 reputation) that want to be active in our community, to commit to the proposal. You can do so here.

Core (neo-project/neo):

  • Neo Unit Tests — Ongoing testing of the core Neo project

Neo Javascript BlockChain (neo-js-blockchain):

  • The npm module is available as ‘neo-js-blockchain’
  • Full and Light node support
  • Implementation of auto-sync and blockchain verification mode
  • Hot-switching between local and remote nodes as blocks are available
  • Begin Javascript Smart Contract ‘compilation’ initiative
  • On Deck — Expand Blockchain API calls (like NEP5) and development roadmap

Mobile Wallet (Android/IOS):

  • Testing of functionality
  • Refactor code
  • Working on Address Book that saves addresses

Neon Javascript SDK (neon-js):

  • Refactor to support new 0x transaction naming.

Neo Python (neo-python):

  • Smart Contract Invoke functionality (both local ‘test’ invoke and real invoke)
  • Smart Contract Deploy functionality
  • Updated CLI help and other methods to display help functionality (such as account view, account search, asset view, asset search, contract view, contract search, contract invoke/depoy, etc)
  • Demo of Smart Contract load/deploy, along with other functionalities

Blockchain Explorer (neo-scan):

  • Auto-repair algorithm.
  • CI and docker support (@steffenix)

NEO Swift SDK (neo-swift):

  • All blockchain read operations
  • Cryptographic wallet generation (private key, wif, address, public address)
  • Send asset transaction for both NEO and GAS
  • First step towards native NEO applications on iOS and macOS

Documentation

  • Japanese translations of framework/dotnet/smart contracts documentation
  • Improved English documentation

Follow CoZ on Facebook, Medium Publication and Twitter for the latest updates on CoZ development!

Market Summary for 5 September 2017

  • There was a huge market selloff, causing (-5.9%) and CM10 (-7.7%) to fall significantly
  • NEO/USD suffered the most (-24.2%). XMR/USD (-11.5%), ETH/USD (-10.3%) and LTC/USD (-10.3%) were falling hard. Other coins also dropped from 3% to 9%.
  • China banned all ICOs and criticized them for “disrupting” the country’s financial order. NEO, the Chinese Ethereum, suffered immediately as a lot of fears were triggered.

There was a huge market selloff, causing CM3 and CM10 to fall significantly by 5.9% and 7.7%

NEO/USD suffered the most by drifting down 24.2%. XMR/USD was falling by 11.5%. Both ETH/USD and LTC/USD dropped 10.3%. Other coins also dropped from 3% to 9%.

Today’s breaking news was China banning all ICOs and criticizing them for “disrupting” the country’s financial order. NEO, the Chinese Ethereum, suffered immediately as a lot of fears were triggered.

Want to diversify your cryptocurrency portfolio? Visit our website to learn more!


Market Summary for 5 September 2017 was originally published in Cryptomover on Medium, where people are continuing the conversation by highlighting and responding to this story.

NEO: A Closer Look

When Bitcoin entered the scene in 2009, it earned immense support from people that saw the downsides of FIAT currency. Its simple, yet effective proof of work algorithm that rewards users for running an automated transaction network was the archetype for many Blockchain based projects and cryptocurrencies to follow. Vitalik Buterin’s Ethereum, which improved upon Bitcoin’s proof of work model and is largely responsible for the cryptocurrency boom in the Spring of 2017, added the use of smart contracts to the system, which opened up a middle man free system for frictionless transactions on a global scale. In addition, developers began building ‘Dapps’(decentralized applications) upon the Ethereum network that use smart contracts to achieve their myriad goals (including logging different types of transactions) on the blockchain.

Created in 2014, NEO (formerly known as Antshares), China’s first blockchain-based project, is an even further improvement upon Ethereum’s smart contract system. In addition to its smart contract system (NEOContract) that currently supports many more programming languages than Ethereum (making it more attractive to developers), NEO plans to support decentralized commerce, identification, and digitization of various assets on the blockchain. After staying around $7–9 for several months, NEO has had a meteoric rise in market cap and valuation recently, running up to as much as $50 per coin and has remained in the top five traded cryptocurrencies by volume ever since. Consequently, NEO has been garnering much attention around the globe from speculative profit-seekers and crypto evangelists alike and shows no signs of slowing down anytime soon.

Smart Economy

Above all, NEO aims to be the Blockchain platform for the “Smart Economy,” integrating digital assets, digital identity, and smart contracts all together.

Digital Assets

Digital assets are programmable assets existing in the form of electronic data, and can take myriad forms. Utilizing blockchain technology, the digitization of assets can be decentralized, trustful, traceable, transparent, and most importantly free of intermediaries. With the NEO blockchain, users can register, trade, and circulate different types of assets. With Digital Identity, proving the connection between digital and physical assets becomes possible. Assets that actually become registered through a validated digital identity are protected by law. NEO has two forms of digital assets: global assets and contract assets. Whereas global assets can be recorded in the system space and can be identified by all smart contracts and clients, contract assets are recorded in the private storage area of the smart contract and require a compatible client to recognize them.

Digital Identity

Digital Identity essentially refers to the identity information of individuals, organizations, and other entities that exist in electronic form. The more mature digital identity system is based on the PKI (Public Key Infrastructure) X.509 standard. NEO will implement a set of X.509 compatible digital identity standards. This set of digital identity standards, in addition to compatible X.509 level certificate issuance model, will also support Web Of Trust point-to-point certificate issuance model. NEO’s verification of identity when issuing or using digital identities includes the use of facial features, fingerprint, voice, SMS and other multi-factor authentication methods. NEO will also use the blockchain to replace the Online Certificate Status Protocol (OCSP) to manage and record the X.509 Certificate Revocation List (CRL).

Smart Contract

While the smart contract has only been in use in the last few years, the term is not entirely new. It was first proposed by the cryptographer Nick Szabo in 1994, only five years after the creation of the World Wide Web. According to Szabo’s definition: When a pre-programmed condition is triggered, the smart contract will execute the corresponding contract terms. Blockchain technology provides us with a decentralized, tamper-resistant, highly reliable system in which smart contracts are very useful. NEO has an independent smart contract system: NeoContract.

Think of NeoContract as the new and improved Ethereum smart contract that improves upon the developer ecosystem. Developers do not need to learn a new programming language to develop NEOContracts. Unlike programming on Ethereum where developers can only use Solidity (a relatively new and more obscure language), NEO developers can use C#, Java and other mainstream programming languages in their familiar IDE environments (Visual Studio, Eclipse, etc.) for smart contract development, debugging and compilation. The NeoContract smart contract system will allow millions of developers around the world to quickly carry out the development of smart contracts.

Application and Ecosystem

NEO’s goals are ambitious and far reaching, and the CEO Da Hongfei understands this. In addition to the goals previously mentioned, NEO plans to create a node program (with hardware wallet), a Blockchain explorer, a smart contract compiler and IDE plugin, and a number of decentralized applications hosted on NEO, including NEO social media, a decentralized exchange, a data exchange and intellectual property exchange, a prediction market, and a hashpower market.

NEOGas

NEO can best be compared to a share you hold in a company, like ownership. As a shareholder you are a partial owner of the NEO blockchain. The NEO “shares” cannot be divided, same as the indivisible shares you hold in a company. When you hold NEO in a core wallet (not on an exchange), users can get dividends, known as GAS. GAS in itself is a coin that is now traded on some small exchanges (including Binance), and is price around $20. If anyone is curious how much GAS they can generate from owning X amount of NEO, they can check out https://neotogas.com. At the moment, owning only one NEO ($38) generates around 0.1137 GAS per year, which is about $2.5 (a 6.3% dividend). When the numbers get larger, it’s easy to see that the GAS system is another great incentive for investors to HODL some NEO in the long run.

The Future

Recently a collaboration with AdEx was announced, that will be the first DApp on the NEO blockchain. Another interesting development with NEO is the first Blockchain smart fund. NEST, which is built on the NEO smart contracts platform, will be a new fund paradigm that will try to eliminate the high thresholds, high risks, inefficiencies and moral hazards often associated with traditional fund intermediaries.

From its extensive team of professional developers, its well-spoken and ambitious CEO Da Hongfei, and NEO’s overreaching goals that will disrupt the ecosystem immensely if open-source and decentralized platforms gain wide spread adoption, China’s hottest cryptocurrency shows no sign of losing any steam in the near future. If NEO’s smart contract system and wide acceptance of more programming languages proves to attract more developers than Ethereum in the coming months, there’s no reason why NEO couldn’t reach an Ethereum like valuation some time in the future as more and more DApps like AdEx continue to be created on the NEO Blockchain.

(An interview with CEO Da Hongfei and the NEO Website can be viewed here.)

Neon Wallet Sent my $17K Gas (NEO) to Newly Generated Address Instead of the add i Sent to

i have previously posted on Reddit about this incident, i haven’t been helped yet. CoZ guys who created neon wallet are blaming Neo Nodes and i chatted with Neo Co-Founder ,Eric Zhang, he blames NEON Wallet. i have saved the replies from both of these parties. on 8/12/2017 at 8:10:49PM i sent 641 GAS from my Neon Wallet address: AarrWDuqD4HJ2ZpDaAaQbZ7dJTtLc7g8mv to my Binance gas wallet address: AbWeRDPA7SwcZtsnm9jcY3Bz6NikKd5ucc. but at the moment i clicked “Confirm” either neon wallet or NEO Nodes generated this brand new address: AVn3ieeMPNxNfjSYi69h1Ws2L95udiQBy2. this address is generated at the same moment 8/12/2017 at 8:10:49PM when i clicked “confirm” to send my funds. the exact time for my transaction and the creation of this new address can be seen on neotracker.io. here is the transaction ID: 1387394c81bc45a23450caace12d0e53509dd0c2fa837b1707e0900686f17cdb. i downloaded the official Neon Wallet approved and offered by neo.org for investors. i invested everything my family had into antshares neo gas because i trusted them, i did not know they offer a wallet or a service to their investors that cause them lose everything and they just keep ignoring him. NEO circulation supply is 50m neo which is 50% of the total 100m 100% supply. Neo is holding the other 50% for system maintenance, and marketing and for neo staff. if a bug in their system or in the wallet they provide causes their investor to lose their funds, can’t they refund him from that 50% reserved Neo?? if this was a hack on my computer i wouldn’t blame them. but its clearly obvious that address is generated at the same moment i sent my funds to my exchange gas address and my funds are setting in that newly generated address ever since Aug 12th. this is ruining my life please someone show me a way out of this pleasee.

Ethereum vs. NEO — The Future Battle for Cryptocurrency Dominance

By this time, everyone knows Bitcoin. It pioneered the rise of cryptocurrency and has been on a meteoric climb over the last year from under $600 to topping $4400 this week. It’s dominance; however, may soon be challenged as bitcoin is limited to a singular currency use. Enter ethereum and neo. They have both expanded on bitcoin’s success with new innovations of their own and have went beyond being just digital currencies only.

Besides being a cryptocurrency in the form of ether, ethereum is also a virtual distributed computing platform that developers can build applications on. It’s price has surged from below $10 to above $375 before settling this week around $300. It has risen relative to bitcoin as well, despite the strong gains made this year by BTC.

Ethereum replaced bitcoin’s more restrictive scripting language of a hundred or so scripts, with it’s own Turing-complete language that allows developers to write custom programs in the form of smart contracts. Ether is used as a currency on this platform providing a foundational demand driver to support its underlying price.

China-based NEO has emerged with a more recent iteration on the blockchain algorithm that Bitcoin pioneered and the programmable smart contracts Ethereum developed. Rather than being based on a proof-of-work mechanism that requires mining, it created a digitized economy with a full integration of digital assets, digital identity, and smart contracts.

NEO’s blockchain is very versatile and has the ability to work with nearly every (90%) programming language available. This robust compatability positions NEO enviably for partnerships to grow their ecosystem rapidly and is expected to announce partnerships with Chinese financial institutions in the near future.

Below are the current top 10 cryptocurrencies. Would be love to hear which you think will be at the top in 3–5 years. Good luck out there and happy trading!

https://cointelegraph.com/news/surging-price-allows-digital-currency-neo-to-enter-top-10-list-bitcoin-remains-on-top

Weekly Cryptocurrency Market Outlook August 15

BTCManager's Weekly Cryptocurrency Outlook highlights the price action and technical indicators on a long-term basis to identify the best opportunities in the largest cryptocurrencies, such as bitcoin, ether, and others.

BTC-USD (Bitstamp)

Bitcoin triggered the Bullish Saucer signal on August 8, breaking above $3339.66, and subsequently went on to establish a new high at $4400 on August 15.

Last week saw bulls dominate, but bears managed to push back, down from the high near $4200 and bringing the close to $4053.87, shown by the chart below.

The market attained our target at $4270.80, the first Fibonacci extension level. We look for a weekly close above $4270.80 to confirm a continuation of the long-term uptrend. On the other hand, support lies at $2980, the previous all-time high, and should provide strong support in the event of a prolonged pullback. Moreover, the conversion line (blue) also offers support at $3115, so we may see a test of this support before any further upside.

The daily timeframe is displayed below, with important supports standing at $3342.99 and $3178.72. The conversion line has held as support for August 15, at $3789.36. The market came within $15 of this critical support, posting a fresh low at $3800, but since then, buyers have managed to bring BTC-USD back above the $4000 handle.

Momentum is still indicated to be bullish by the Awesome Oscillator and the Ichimoku indicator. The conversion line may flatten out in the days ahead and give us an idea of where to place limit buy orders to get in on the uptrend. However, a daily close below the conversion line will point to a higher likelihood of an imminent test of the supports at $3342.99 and $3178.72.

On the 4-hour timeframe, the most recent fractal resistance lies at $4400, so we look to buy once this resistance is broken. On the other hand, a fractal support will form at $3800, suggesting short-term momentum will be skewed to the upside. Based on these fractals, we look to buy on a break above $4400, and sell on a dive below $3800, with a target of around $3350-$3200. A break above $4400 will see the market attempt our next target at $4730.74.

ETH-USD (Kraken)

The weekly price action for ETH-USD is interesting, as it seems to present a bullish setup for next week, but the Ichimoku simultaneously suggests a weakening outlook.

Firstly, the positive side for ether bulls. Notice the Awesome Oscillator, which was red in color and falling in value for five consecutive weeks but this week it has turned green and begun to rise. This is known as a Bullish Saucer and sets up a buy signal for next week; that is, a limit buy at the high of the current week’s candlestick.

Once triggered, we should see ETH-USD invalidate the fractal resistance at $320 and drift toward the all-time high.

On the other hand, a failure of the bullish saucer signal may see ETH-USD dive lower toward $250 and $208, supports highlighted by the conversion and base lines. Notice that the conversion line is moving lower and looks to cross the base line, which would give a weak bearish signal. A fractal resistance is also potentially going to form at $320, so if ether does not manage to regain this level in the next fortnight, a longer-term downtrend will be confirmed. More clarity will be given at the end of the week, once the current weekly candlestick has formed.

BCC-BTC (Bittrex)

Bitcoin Cash might be getting ready to make some large gains against bitcoin.

The daily chart below shows that the conversion line (blue) has moved higher on August 15, suggesting a short-term equilibrium around 0.0934. However, the market remains below an important fractal support at 0.0785. BCC-BTC must regain this level for a bullish outlook.

Once BCC-BTC regains the fractal support, we should look to target 0.0934, with a daily close above the conversion line providing a stronger bullish signal. Given that the conversion line is moving higher, and assuming it continues, we get an indication that the market will also head higher. Also, notice that the lagging line (purple) seems to have bottomed out and is also following the conversion line.

The 4-hour price action shown below indicates that we may see a bullish breakout for bitcoin cash on August 17. The chart shows that the red Ichimoku cloud is very thin for the entirety of August 17’s trading session; a thin cloud suggests very weak resistance, and if BCC-BTC is going to make some strong gains, it is very likely to begin on August 17. On the other hand, since the cloud is red and looks to be getting ready to move lower, we look to sell on a break of the most recent fractal support at 0.0675.

LTC-USD (Bitfinex)

There are two main things to note from the weekly chart of LTC-USD. Firstly, this week’s price action looks to drop below the conversion line, potentially giving a weak bearish signal by August 21. Secondly, the market managed to break to a fresh high above $50, but this high may turn into a fractal resistance.

Notice that the preceding candlesticks have lower lows and lower highs. Therefore, if LTC-USD remains below $50.247 until August 28, we expect further downside, with the base line (red) providing an important support level at $29.60.

On the other hand, a weekly close above the conversion line, that is above $44.04, will keep the long-term uptrend intact. Furthermore, if we see LTC-USD break above $50.247 any time in the next two weekly trading sessions, this will give bullish confirmation. Finally, litecoin failed to close above the resistance at $48.20 last week and a weekly close above this level will also give a strong bullish signal and a reason to enter into a long position.

NEO-BTC (Bittrex)

NEO displayed its largest ever gain in a single week against bitcoin, rising over 100 percent on large volumes, as Forbes' August 10 article put a spotlight on the project.

The weekly chart below identifies two possible areas of support where we look to buy NEO-BTC. Since last week’s action was dominated by bulls and the candlestick is almost a bullish Marubozu, we can use the open and 50 percent levels to find an entry to buy. The first support lies at 0.00844130 whereas further support will be found at 0.00493265. Also, notice that bullish momentum should strengthen, as the conversion line is moving higher above the base line and the Awesome Oscillator continues to move higher too.

The daily price action for NEO-BTC is shown below with a Dragonfly Doji looking to form for August 15. This doji candlestick pattern suggests that bulls will continue to dominate, as the low of August 15’s price action was very close to the conversion line, which provides support at 0.0092. If bears manage to take hold, we should see increased buying interest around the supports at 0.0089 and 0.0067. Alternatively, we look to buy once the market breaks the most recent fractal at 0.01199999 or with a daily close above 0.01190.

XMR-USD (Bitfinex)

Monero showed some indecision last week, with a slightly bullish slant, posting a a two month high at $53.43.

However, bears tempered bulls back to $48 by the end of the week. However, like ether, we are seeing a potential opportunity for a long position for the week beginning August 21. Notice that the Awesome Oscillator is forming a bullish saucer, which will be confirmed on August 21.

Moreover, the conversion line has jumped higher compared to last week, suggesting the general market direction will be upward. We look to place limit buy orders near the conversion line at $40.71. A break above the recent high at $53.43 will also necessitate a bullish outlook; by invalidating the fractal resistance that is in progress, we should see an attempt to find a new ceiling by the market, with a further resistance at $58.14.

Finally, we can also examine this week’s candlestick close and compare it to $47.85 for an indication of the long-term momentum of XMR-USD. For instance, a closer higher than $47.85 means that is will be likely XMR-USD continues the upward trend. However, a weekly close below $47.85 could mean that the altcoin will display some weakness.

OMG-BTC (Bittrex)

OmiseGo is a relatively new Ethereum-based token gaining a lot of attention from traders; when judging by the 24 hour volume, it is within the top ten cryptocurrencies.

The daily chart below illustrates a bullish outlook for OMG-BTC, as it looks as if another test of the Fibonacci extension level at 0.00203578 is due. Notice the flat conversion line has held as support. We could place buy limit orders around the conversion line and base line and target the Fibonacci levels at 0.00203578 and 0.00308076.

ARK-BTC (Bittrex)

The altcoin ARK has displayed high volume over the past 24 hours, as well as compared to any other week, shown by the chart below.

At the time of writing, the trading volume for ARK is similar to that of Ethereum Classic and DASH. The weekly price action shows an interesting market structure, with just three fractals formed so far in ARK-BTC’s history.

Two are down fractals (supports) and one is an up fractal (resistance). Notice that the market has tested the fractal resistance at 0.00044206 so far; a sustained break or weekly close above this level will open up the first resistance at 0.00196608. Notice that this is the 50 percent level of the large bearish Marubozu for the week that Bittrex listed the crypto-pair. Given the relatively short history and that the lagging line has broken all of its resistances, 0.00044206 is the nearest resistance given the limited information that we have from the market price and its behaviour.

We also see that the conversion line has started to form an uptrend, moving higher this week. Since the market has remained below the conversion line since mid-June, it could be the week where we get the first close above this important support. However, the market may close a lot higher, given no prior resistances and the increase in the volume, so we suggest buying on a break of the fractal at 0.00044206 or once we get the weekly close, providing it is not too far away from the conversion line.

Market Snapshot

The top ten cryptoassets are shown below by market capitalization and 24-hour volume.

Market Capitalization

24-hour Volume

Source: CoinMarketCap.com

The post Weekly Cryptocurrency Market Outlook August 15 appeared first on BTCMANAGER.

Can Antshares Become China’s Immutable Ethereum?

TheMerkle Antshares China Ethereum

Blockchain technology will make a big impact on our society as a whole. How these changes will be introduced is still uncertain. Various projects in the cryptocurrency space are working toward a similar goal. One of those projects is called Antshares, soon to rebrand to NEO. According to many people, Antshares is China’s Ethereum, but can it live up to the expectations?

What Makes Antshares Even Worth Considering?

NEO, or AntShares as most people still know it as, is an open-source blockchain platform fully developed within China’s borders. The company has its own currency, which is found on most exchanges as ANS -the switch to NEO will happen later this year- and seems to be doing well. This upcoming rebrand from Antshares to NEO is part of a bigger move to put blockchain technology in China’s spotlight.

There is an underlying ecosystem powering the entire Antshares project. Everyone who holds the native currency itself can generate “gas” to be used on the platform. This is quite similar as to how Ethereum works, with the exception of users being unable to use anything but ETH as a way to pay for gas. Right now, the generation takes place under the ANS banner, which is the native token of this entire project. Users generate ANC -Antcoins- to pay for transaction gas.

While all of this sounds great, Antshares will need to announce some big projects if it wants to become China’s Ethereum. However, that may be more likely than not. The Antshares team is working together with Chinese certificate authorities to map real-world asset using the platform’s smart contract technology. Additionally, they have successfully patented cross-chain interoperability, which will be quite significant for the future. The Antshares team welcomed some new startup partners last month, with more names to be announced throughout the year.

Antshare’s contract system is internally known as Smart Contracts 2.0 There are some big differences between Antshares and Ethereum, including the programming language. Ethereum only works with Solidity, which is both exciting and a drawback at the same time. Antshares has taken the necessary steps to ensure compatibility with all existing coding languages. This means developers do not have to learn a new language for coding smart contracts, which should attract a larger group of users.

All of this information will only become really interesting once some of these projects are fully developed and available to the public. Combining gas, smart contracts, and potentially even DApps certainly draws similarities between Antshares and Ethereum. Whether or not this means the project can effectively become the Ethereum of China and dominate the market, remains to be seen. It will be interesting to see how this project “rivals” the Ethereum Enterprise Alliance.

There are factors working in favor of Antshares as well, though. Their parent company OnChain is a well-respected brand in China. The project has secured millions of dollars in funding, which should see it advance this technology for years to come. Antshares/NEO’s market cap sits at over $250 million right now. Only time will tell how this situation will evolve. Antshares seems to have every opportunity and reason to become China’s Ethereum over time. It would be closer to the Ethereum Classic of China since they want to keep their blockchain immutable.

Blockchain as the Matrix: Are We Entering a Virtual Life?

The Matrix

“This is your last chance. After this, there is no turning back. You take the blue pill — the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes.” –Morpheus, The Matrix

Also read: Symantec Report Indicates End of Locky Ransomware Threat

Recently, supreme technologist Elon Musk proclaimed his belief that “The odds that we’re in base reality is one in billions.” Skeptics worldwide broke down in grotesque inspection of this claim, as the possibility of living within a grandiose video game challenges society’s collective ability to cope with the deepest questions in life.

Technology today is accelerating towards altering our very existence. Artificial intelligence, deep space exploration, attempts to extend one’s consciousness onto a computer, and advanced robotics puts immense pressure on our economic systems, communities, and lifestyles to adjust to disruption accordingly.

What in the 1990’s simply looked like basic Nintendo video games, fine-grained TVs, and monolithic personal computers has morphed into a rather spooky postmodernist dental dam. Science fiction, quite simply, is finally coming to life.

Delving into our murky, robotic future, The Wachowskis renowned film “The Matrix” features a computer-simulated reality of the universe where agents, code creatures, and mere humans alike dwell. The world itself folded, and software had literally eaten the world in a twisted technological dystopia. Which year the film allegedly occurred in can be thought of as a technological arrival and conflict facing humanity more than a year arbitrarily placed on the calendar timeline humanity created. Within the movie, the participants of this network who awakened had to choose whether or not they wanted to believe a computer god had been their creator.

If the universe itself is really a computer simulation, as both “The Matrix” and Mr. Musk assert, then what is the end goal of our own technological advancement in 2016? Perhaps the most disruptive technologies today are hoarding people like sheep towards manifesting “The Matrix” into reality, our own reality or at least a never-ending attempt towards answering this question.

Blockchain, A Real-Life Matrix?

Among the leaders in the most impactful emerging technologies is the recent advent of blockchain technology, which some claim is the most influential innovation since the Gutenberg Press.

A culmination of 40+ years of research in computer science, blockchains enable strong encryption and independent transactions to exist on a fully decentralized, global network of independent nodes that are community owned and monitored. The blockchain is a perpetual stream pulling the world towards automation of all data tracking and securitization processes, an absurdist Hail Mary to get rid of paper files and paper cash.

Traditionally, every time you use services such as Facebook or Snapchat, they own all of your data that you generate on their platform. Blockchains represent a fundamental shift in the Internet’s paradigms for information stewardship. Now, as smart contracting, DAOs, and functional programmatic distributed storage and identity verification emerge, the technological breakthrough that is the blockchain is continues its ascent. What will blockchains have amounted to as they advance over the next 5, 10, 20, 50, or 100 years?

As traditional players such as Governments, banks, professional services firms, and healthcare providers enter the blockchain space, it is important to ask what the intentions of these groups are. Have incumbent institutions thought deeply through the implications of funding and spearheading advancement of cryptographically sound, distributed Internet protocols that can prove owners to prove digital ownership, enforce contract law, and facilitate trade between disparate parties? Recent hype and fear driven interest in blockchain technology signals that the aforementioned traditional institutions are, quite simply, taking the Blue Pill.

Like “The Matrix,” blockchains themselves have a logical end-point which is mirrored in the way that our perceptions of time and reality themselves function. It is not a coincidence that “Blockchain as reality confirmation” or “the universe is a blockchain” are phrases within the Bitcoin community. This parallelism can be thought of as follows:

Each morning, the sun rises. Events in your life happen, and then are forever frozen within time. There is no altering what has happened in the past and shall now sit as had occurred forever. Our memories of the past are abstractions, words to describe events that are immutable. No matter how hard we may have wanted something to turn out differently, it can’t change. The memories that are ours are ours, and our position within the network among other people is constant throughout our lives.

Blockchains are oddly similar, in that data written to a blockchain is also frozen its own chronology. Just as the entire universe can be perceived as an omnipresent recording of everything that has happened, scarce space on a blockchain (which is what Bitcoin represents) is fascinating because it too is simply data. Like our perceptions of reality itself, the “inherent value” of Bitcoin is based upon a social agreement that labels that piece of data as undertaking meaning, or being “real”. Moreover, just as the universe itself is a collection of matter, anti-matter, and a multitude of states of energy, the inherent value of space within a blockchain for people trying to simply live life day-to-day can be thought of as a form of ‘money as virtual energy’.

Virtual reality already gleefully tricks our brains into recursively thinking that the images behind that glass screen are real. Now, imagine what the world would look like if everyone was hypnotized in VR headset, while thousands of unique blokchchains automated the entire planet’s data tracking, data securitization, data transaction, and money transaction approval needs?

Our world is trending towards a Matrix-like state, and blockchains are acting as a lubricant fuel down an admittedly slippery slope. The internet of things, RFID tags, robotics, augmented reality gaming, and increasingly smooth integration into smart-phone applications will increase our collective reliance on blockchain technology as a backbone storage layer for the internet. Advancement here is accelerating, as projects such as Ethereum, TheDAO, Hyperledger, Ripple, Steemit, and Synereo all demonstrate the growing set of offerings in the blockchain buffet.

Through automating data storage and building within this programmatic infrastructure, we are creating a functional, immensely computationally powerful, decision making platform and digital toolkit for automating nearly any other traditional job function, decision or management procedure that required tracking data, from logistics to accounting to email and social media oversight. As blockchain is combined with artificial intelligence, machine learning, and potentially even quantum computing, it becomes gradually clear that Blockchain truly could be an ancient version of Skynet.

“Arguably we should hope that that’s true, because if civilization stops advancing, that may be due to some calamitous event that erases civilization,” Musk said. “So maybe we should be hopeful this is a simulation, because otherwise we are going to create simulations indistinguishable from reality or civilization ceases to exist. We’re unlikely to go into some multimillion-year stasis,” Mr. Musk remarked.

If blockchains really are this strong, secure, powerful, and even potentially scalable, as the lead blockchain developers have been promising since the release of Bitcoin, then we may be living in “The Matrix” already, without even knowing it.

Perhaps the rise of blockchain technology is a self-awakening towards this reality. Maybe it’s already too late, but that’s collectively up to us to decide.

What do you think of the Blockchain as “The Matrix” analogy? What are the long term technological end-point of this movement? Share your thoughts below!


Images courtesy of “The Matrix.”

The post Blockchain as the Matrix: Are We Entering a Virtual Life? appeared first on Bitcoinist.net.