Friday, February 9, 2018

10 Not So Known Alt Coins Making Good Gain



eBitcoin (EBTC) traders may be aware of a 47.04% price increase from what it was yesterday with a price tag of $.50 this compares to it’s rise of 26.55% over the last week. In terms of BTC volume 14.17 and $161,379 has been traded over the past day. The coin is ranked number 522 and has a market cap of $9,394,385. There are currently 18,897,126 eBitcoin coins in circulation. This data was taken at 19/01/2018 08:09:21.

Maker (MKR) investors will be aware of a 54.75% price increase from what it was yesterday with it’s value now at $1,709.39 compared to a rise of 34.2% over the last 7 days. In terms of BTC volume 185.55 and $2,113,330 has been traded over the last 24 hours. The coin is ranked number 34 and has a market capitalisation of $1,056,792,368. There are at the moment 618,228 Maker coins in circulation. If you are not yet trading on one of the best crypto platforms in the world – take a look today

Cindicator (CND) investors have seen the 117.89% coin price increase from what it was the same time on the previous day with a price tag of $.18 this compares to it’s rise of 44.69% over a 1 week period. In terms of BTC volume 21,846.36 and $248,818,000 has been traded over the last 24 hours. The coin has a ranking as number 102 and has a current market capitalisation of $264,077,259. There are at the moment 1,445,976,590 Cindicator coins in circulation.

SuperNET (UNITY) investors should be aware of the 55.12% value increase from what it was this time yesterday with a current price tag of $189.53 this compares to an increase of 107.91% over the 7 day period. Volume in terms of BTC 1.04 and $11,875 has been traded over the 24 hour period. The coin is ranked number 137 and has a market cap of $154,668,815. There are at the moment 816,061 SuperNET coins in circulation.

I/O Coin (IOC) traders may have seen the 38.23% price increase from what it was 24 hours ago it’s price now at $6.04 this compares to it’s increase of 19.78% over the last week. Volume in terms of BTC 178.96 and $2,038,270 has been traded over the past day. The coin has a ranking as number 182 and now has a market capitalisation of $99,487,763. There are at the moment 16,481,280 I/O Coin coins in circulation.

Everex (EVX) investors will have noticed the 26.47% price increase from what it was 24 hours ago with a current price tag of $4.72 this compares to a climb of 10.76% over the 7 day period. In terms of BTC volume 1,485.5 and $16,919,000 has been traded over the last 24 hours. The coin is ranked number 208 and has a current market capitalisation of $77,845,350. There are at the moment 16,500,000 Everex coins in circulation.

HelloGold (HGT) investors will note the 200.8% coin price increase from what it was yesterday this time with a current price tag of $.26 this compares to a rise of 342.74% over the last 7 days. In terms of BTC volume 144.13 and $1,641,520 has been traded over the past day. The ranking position for the coin is number 219 and has a current market capitalisation of $69,364,080. There are at the moment 263,034,654 HelloGold coins in circulation.

Peerplays (PPY) traders should be aware of a 44.41% coin price increase from what it was the same time on the previous day with it’s value now at $12.07 compared to it’s increase of 1.6% over the 7 day period. Volume in terms of BTC .17 and $1,971 has been traded over the 24 hour period. The coin is ranked number 276 and now has a market capitalisation of $47,693,153. There are currently 3,950,463 Peerplays coins in circulation.

DigiByte is a public, rapidly growing and highly decentralized blockchain. DigiBytes are digital assets that cannot be destroyed, counterfeited or hacked, making them ideal for protecting objects of value like currency, information, property or important digital data.DigiBytes can be sent over the DigiByte Blockchain and forever recorded on an immutable public ledger that is decentralized on thousands of computers across the planet.

Teslacoin is a digital currency pushing towards a descentralized and sustainable world supporting Free Energy and Renewable Energy projects.

eBitcoinCash (EBCH) CryptoCurrency

eBitcoinCash (eBCH) released their project details and road map on November 19, 2017 through a private preview site to their followers on twitter and telegram. They have asked me to release this information to their Bitcointalk followers.



PROJECT

CryptoCurrency Exchange - eBCH is planning to launch their member-only CryptoCurrency Exchange. They are hard at work on the eBCH Platform! Their dedicated team members want to bring you the most value possible for being an eBCH tokenholder! One of the most exciting projects they are currently developing is a brand new Cryptocurrency Exchange! eBCH is no ordinary token and their Cryptocurrency exchange will be no ordinary exchange.

100% Profit Distribution - They will be distributing 100% profit to their tokenholders. This will create a huge benefit and passive income for all tokenholders. Profit will be distributed regularly in proportion to tokens held over eBCH’s total supply. Development is of prime importance. Hence, they will reserve at least 20% of the total token supply for ongoing/future development, meaning that 20% of the profit remains untouched except for project development.

Referral Program - you will receive 30% of the proceeds from all fees collected from your referrals’ trades. Further details to be announced!

Discounted Trading Fee - They will reduce your trading fees by 50% when you use the eBCH tokens to pay for any of your trading fees.

Easy to use - They are building an exchange that is full of powerful features yet it will have a user interface that is so intuitive and simple anyone can use it.


TOKEN

The maximum supply of eBitcoinCash is capped at 21,000,000 and there is no possibility to increase its total supply.


Token Name: eBitcoinCash
Symbol: EBCH
Contract Address: 0xaFC39788c51f0c1Ff7B55317f3e70299e521Fff6
Decimals: 8

Technically, eBCH is governed by Ethereum (ERC20) based smart-contracts. Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications.

Tuesday, January 23, 2018

What Is eBTC?

We have seen quite a few versions of Bitcoin introduced throughout the years. Although Bitcoin itself is still a factor, we also have Bitcoin Cash and the rumored Bitcoin Gold to contend with. It is likely we will see yet another chain added to the list, thanks to the SegWit2x hard fork in a few weeks. If that wasn’t enough, we now also have eBTC, which is an ERC20 version of Bitcoin. Whether or not such a token needs to exist in the first place is a different matter altogether.



EBTC IS AN UNUSUAL TYPE OF BITCOIN
No one will deny tokens issued on top of the Ethereum blockchain can all have their own value in one way or another. Although not all of those tokens will be widely successful in the long run, most of them are seemingly in a good place right now. eBTC is not a token a lot of people will automatically put on this level, but that is only to be expected. A tokenized version of Bitcoin on the Ethereum blockchain is not all that appealing to anyone.

Granted, the Bitcoin we all know and have used is far from perfect. It is still a cumbersome payment method to deal with and the volatile price swings aren’t improving matters whatsoever. Moreover, it can take a lot of time to get network confirmations once transactions are sent. While most payment processors negate this delay at their own risk, it is not the fastest way to move money around right now. That may all change in the future once the Lightning Network becomes a part of Bitcoin, though.

Until that happens, there will always be people who claim they can create a much better Bitcoin. The creators of eBTC are certainly on this list; otherwise, they wouldn’t have brought this ERC20 token into existence in the first place. Unfortunately, we now have a new currency we have to deal with, even though its chances of success appear to be rather limited at this point. That doesn’t mean eBTC won’t succeed, but it will most likely never dethrone whichever version of Bitcoin is leading the charge in a few months from now.

What makes eBTC most appealing – according to its developer, at least – is that it has a transaction time of 24 seconds. That is certainly a lot faster than Bitcoin itself. Additionally, it purports to offer transaction fees of US$0.50 at most. That’s rather on the cheap side, although there is no longer a reason to pay high transaction fees when using the real Bitcoin either. Plus, eBTC can work with smart contracts. Bitcoin will get the same functionality in a few months, rendering this project a bit moot in the process.

As one would expect, there will be plenty of compatible wallets for this ERC20 token. It does not appear eBTC will get its own wallet, but considering it’s an ERC20 token, there is no real need for one either. This token will be compatible with Parity, Mist, Metamask, imToken, MyEtherWallet, and the standard Ethereum client. With a total supply of 21 million eBTC, the tokenized version of Bitcoin certainly copies the real deal to a T in this regard. That won’t make it successful, though.

Speaking of which, eBTC is currently valued at US$0.20. That means the transaction fee for sending one eBTC across the Ethereum network is as high as the value of the token itself. That’s not the most solid business model we have ever seen, but things will presumably change over time. For now, there is seemingly no reason for this token to exist whatsoever, but there will always be people who take a liking to these types of creations.

Monday, January 22, 2018

eBTC: A TOKENIZED VERSION OF BITCOIN ON ETHEREUM

As eBTC’s total supply is limited to 21 million, it reflects the deflationary attributes of Bitcoin on a more flexible and smart Ethereum blockchain. Meaning, with sustainable increase in eBTC’s value, its purchasing power would also appreciate making it the only Bitcoin representative on the Ethereum blockchain having deflationary characteristics. Deflationary nature of eBTC further means it could serve as a sustainable and appropriate store-of-value mechanism on the Ethereum ecosystem. Ironically, ether’s total supply is currently uncapped. This signifies an interesting phenomenon: eBTC, a deflationary digital currency, would function on the decentralized blockchain with the optimized assistance of an inflationary crypto-fuel i.e. ether.

Considering the inflationary quality of ether and its relatively stable prices, eBTC would continue to sustainably experience the lower transaction costs of the Ethereum network. eBTC’s Smart Contract Capability and Ethereum’s Futuristic Developments Being an ERC20 tokenized version of Bitcoin on the Ethereum platform affords eBTC an innovative advantage of working with a diverse variety of Ethereum-enabled smart contracts, DApps and DAOs. eBTC strategically plans to coordinate with and integrate such innovative use-cases which would help in making it a truly global and highly-accessible electronic cash and payment system. With adoption and gradual evolution, eBTC may also become a strategic asset for the Ethereum ecosystem. Conclusion We have discussed the fundamental design, concept and implementation features of eBTC as a tokenized version of Bitcoin on the Ethereum blockchain serving as an efficient, robust and more flexible peer-to-peer electronic cash and payment system.

We started with the evolution of trust-less consensus mechanisms and laid down the progress of Bitcoin’s distributed consensus into Ethereum’s more flexible, diverse and interoperable abstract foundational layer. We then discussed how eBTC came into existence as a direct consequence of Bitcoin’s evolution into what later became to be known as Ethereum’s blockchain. We highlighted the prevailing concerns of slow block times, higher transaction costs, centralized mining, and ever-growing forks of Bitcoin’s ecosystem – which currently lack smart contract support, and how eBTC may solve all these issues while functioning as an ERC20 version of Bitcoin’s core ideals on Ethereum’s vastly capable and continuously-optimizing ecosystem. We also documented eBTC’s fundamentals, its technical aspects, and how the committed and diverse global community is critical for eBTC’s general awareness and mainstream adoption. We believe, with adoption and awareness, eBTC may allow such global communities to experience Bitcoin once again on a more flexible and efficient blockchain without having to go through the ideological and politically-charged debates about the ever-growing Bitcoin forks.

eBitcoin CoinMarketCap

eBitcoin is an innovative worldwide cryptocurrency and a new kind of digital currency. By design, eBitcoin should be decentralized and in a peer-to-peer network and transactions take place between users directly through the use of cryptography, without an intermediary. To use and trade eBitcoin, first create a free digital asset eBitcoin wallet, research to find where to buy your eBitcoin safely, and get your eBitcoin on an exchange that support the trade of eBitcoin.

Ebitcoin (EBTC) – The child of Bitcoin and Ethereum?

eBTC is a tokenized version of Bitcoin on the Ethereum blockchain.

BTC, eBitcoin or Ethereum’s Bitcoin is an ERC20 tokenized version of Bitcoin on the Ethereum Blockchain. It proposes to solve the transaction cost, speed, scalability and smartcontract-inefficacy concerns of the original Bitcoin blockchain by using Ethereum’s more efficient, scalable and interoperable blockchain layer.

Supported by a diverse, dynamic and committed global community, eBTC intends to become a more affordable, faster and more flexible peer-to-peer electronic cash and payment system. It intends to do so by retaining the core ideals of Bitcoin and integrating them with Ethereum’s ecosystem.The year 2017 witnessed the emergence of multiple Bitcoin forks all trying to solve one or more of its existing concerns: low transaction speed, high transaction costs and centralized mining.Yet, none of the forks currently has the capacity to effectively solve all these issues.In contrast, eBTC’s apparent and strangely simple design allows it to efficiently address these challenges while also adding smart-contract capabilities to Bitcoin’s core ideals.

With increasing awareness and acceptance, eBTC plans to become a truly global, fast, cost-effective and fully decentralized payment processing mechanism while continuing to integrate all the future developments in Ethereum’s abstract foundational layer. In doing so, eBTC would represent Bitcoin’s original core values, as a sustainable means of electronic payment and store of value, while bringing the needed modernization to Bitcoin using the Ethereum’s diverse ecosystem and enabling the implementation of all the available use-cases of a globally-accepted payment system into eBTC. Keywords: eBTC, Bitcoin, Ethereum, eBitcoin, ERC20, abstract foundational layer, blockchain, digital currency, electronic cash.

Background: An Introduction into the Evolution of Blockchains and the Creation of eBTC Bitcoin pioneered the trust-less and decentralized peer-to-peer electronic cash system when the world witnessed the surfacing of a paper titled Bitcoin: A Peer-to-Peer Electronic Cash System (Nakamoto, 2008). This ingenious and double-spending-resistant invention brought two things to the world: a digital currency and a distributed consensus mechanism. The world of crypto-currencies has moved far since and new technologies have appeared in the blockchain ecosystem. The core mention is the Ethereum’s scalable, standardized and interoperable abstract foundational layer: Ethereum’s Blockchain.

Bitcoin’s distributed consensus evolved and delivered the world a more efficient and flexible technology when Ethereum was first proposed by Buterin in his paper titled A Next Generation Smart Contract & Decentralized Application Platform (2013). With increased efficiency, speed and flexibility, it became possible to create innovative decentralized solutions for diverse and wide-ranging use-cases. Ethereum’s abstract foundational layer and Solidity, its coding language, enabled the creation of smart contracts, decentralized applications (DApps) and decentralized autonomous organizations (DAOs). The dynamic strengths of Ethereum lie in its core elements: ―scalability, standardization, feature-completeness, ease of development and interoperability‖ (Buterin, 2013, p. 13). Smart contracts enjoy all these quality attributes of the Ethereum ecosystem.

eBTC: A TOKENIZED VERSION OF BITCOIN ON ETHEREUM 5 eBTC ushered in as a direct consequence of the gradual evolution of both these blockchains. In essence, it surfaced into existence as an ERC20 version of Bitcoin possessing the vast capabilities of the Ethereum platform. Existing Concerns and Problems One of the most critical aspects of Bitcoin’s implementation was to remove the need for third-party trust and thus the unavoidable transaction costs associated with such intermediary arrangements. Nakamoto documented that such transaction costs limited the minimum practical transaction size and the possibility for small casual payments (2008). While elaborating Bitcoin’s implementation on P2P Foundation for the very first time, Nakamoto observed that such intermediaries made micropayments impossible (2009). Ironically, the same phenomenon currently limits the minimum practical transaction size on Bitcoin and inhibits users to transact small transactions due to its ever-increasing and highly volatile market value. The growing transaction costs of Bitcoin have started to resemble those very arrangements it was initially supposed to counter. At present, an average Bitcoin transaction costs around $2 to 5$ or upwards of around 30,000 satoshis. The Bitcoin transaction speed presents another challenge. The average Bitcoin block time is around 10 minutes and it currently takes 6 confirmations or around 60 minutes to achieve transaction finality. Both these factors limit the adoption of Bitcoin as a sustainable medium of digital exchange undermining the ingenious soul of the originally-proposed Bitcoin ecosystem. It is becoming more challenging to use Bitcoin as an efficient electronic cash system for everyday use. Imagine virtually transacting goods or services under $2 or when transaction times are of critical relevance.

eBTC: A TOKENIZED VERSION OF BITCOIN ON ETHEREUM 6 It appears that Bitcoin’s original philosophy—which presented the world with a revolutionary alternative against the traditional banking and fiat systems—is diluting with its ever-growing transaction costs, slow block times and never-ending forking debates. Multiple Bitcoin forks have recently emerged all trying to resolve one or more of its prevailing concerns: scalability, block size, and the increasingly undemocratic mining. But neither of them currently has the capacity to efficiently solve all the underlying problems engulfing the Bitcoin ecosystem.

eBTC: A TOKENIZED VERSION OF BITCOIN ON ETHEREUM 9 eBTC proposes to effectively solve the concerns and issues that continue to cause the ever-growing forks in the Bitcoin ecosystem. With Ethereum’s sustainable and futuristic developments, eBTC would continue to enjoy and leverage the best of Ethereum’s capabilities while offering the global community the core ideals of Bitcoin on a more diverse, scalable and innovative platform. eBTC, with adoption, would also boost Ethereum’s recognition in the crypto universe as an Ethereum-enabled digital currency and store of value mechanism, and may prove to be a strategic asset for Ethereum’s overall ecosystem.

BTC: Fundamentals Backed by Simplicity and a Diverse and Dynamic Global Community 

eBTC is a community-driven and blockchain-enabled crypto-currency working as an ERC20 token by leveraging the best attributes of both Bitcoin and Ethereum. It is a tokenized version of Bitcoin on the Ethereum blockchain and therefore uniquely complements both. It aims to represent and sustain Bitcoin’s core attributes, as an electronic medium of exchange and sustainable store of value, on the Ethereum Blockchain, but with a smarter and faster outlook. The creation of an ERC20 representative of Bitcoin on the Ethereum blockchain may appear ―too simple‖, but discovering the possibility of implementing Bitcoin’s ideals on an existing and more-evolved blockchain technology which is fast, flexible and more scalable is nothing short of being an innovative and disruptive thought-process. eBTC is this thoughtprocess that seeks to implement Bitcoin’s idealistic vision on the Ethereum blockchain allowing faster transaction speeds, lower transaction costs and smart contract capabilities without experiencing the contesting issues of forks and centralized mining. eBTC strongly believes that a robust and dynamic global community of cryptoenthusiasts is critical for a sustainable evolution of the whole ecosystem. eBTC Foundation is composed of a diverse and vibrant global body of inspiring individuals who are all staunchly committed to furthering the simple but disruptive cause of eBTC. In addition, the role of eBTC’s greater community is pivotal in spreading the word about the power of distributed ledgers and how eBTC may change the very fabric of how we evolve the conduct of online financial transactions.

BTC vs. Ether eBTC is an Ethereum-enabled cash and electronic payment system and ether, ―the cryptofuel for the Ethereum network‖ (―What is Ether‖, 2017), serves to validate eBTC transactions over the Ethereum blockchain. As a fuel, Ether supports the overall Ethereum ecosystem. To clarify, ether was never meant to be a currency on the Ethereum. Instead, its purpose is to serve as a fuel for operating the distributed application platform on Ethereum (―What is Ether‖, 2017). ―It is a form of payment made by the clients of the platform to the machines executing the requested operations‖ (―What is Ether‖, 2017). On the other hand, eBTC, in its purest sense, is just an everyday-usable digital currency and optimized payment system i.e. a medium of faster and cheaper exchange and store of value. Total Supply, Distribution and Mining Total and maximum supply of eBTC would ever be 21 million and it will be divisible by 8 decimal places. At genesis, all eBTC tokens were transparently airdropped in an ICO-less fashion to the diverse and committed global community of crypto-enthusiasts. From the beginning, eBTC is a mining-resistant and circulation-oriented digital currency as its total supply was wholly distributed to the community and the eBTC foundation at a percentage ratio of 97.92: 2.08 respectively.


eBitcoin – eBTC Bitcoin Cryptocurrency

eBitcoin describes itself as a community-driven, blockchain-enabled cryptocurrency. Find out how it works today in our review.



What is eBitcoin?
eBitcoin is a cryptocurrency that has no connection to bitcoin (BTC) whatsoever. The development team appears to be capitalizing on the bitcoin name. It’s not built on its own blockchain. Instead, it’s a tokenized version of bitcoin built on the Ethereum blockchain as an ERC20 token.

There’s limited information about eBitcoin available online. The company’s official website, eBitcoin.org, vaguely describes the project as “the currency of the future”. The website mentions debit cards and other products in development.

Like bitcoin, eBitcoin has a total supply of 21 million. As of December 2017, each eBitcoin is worth about $0.58 USD. The currency has a market cap of $11 million USD (putting it in the #338 spot in terms of market cap, according to CoinMarketCap).

Is eBitcoin a legitimate project? Let’s take a closer look at how it works – and what makes it unique from other cryptocurrency projects.

How Does eBitcoin Work?
eBitcoin was built to combine the best features of bitcoin and Ethereum into one convenient currency. It’s an ERC20 token built on the Ethereum blockchain.

The development team describes their project as “a tokenized version of bitcoin on the Ethereum blockchain.” It’s different from Ethereum because the supply is capped at 21 million, and it’s different from bitcoin because the currency has faster transaction times.

Another difference is that the entire total supply of eBitcoin has been pre-mined. The company describes this as an “eco-friendly” approach: while bitcoin is scheduled to be mined until 2130, eBitcoin has its entire total supply already on the market.

Instead of launching through an ICO, the developer of eBitcoin decided to launch through an airdrop. Project development is led by a group called the eBTC Foundation. The coin launched in November 2017.

So far, one of the major products offered by eBitcoin appears to be the ProxyCard. The ProxyCard is a hybrid wallet scheduled for release in January 2018. eBitcoin users will be able to manage their funds through the ProxyCard wallet. ProxyCard is accessible through a mobile wallet (a mobile app) and a debit card (a physical card you can use online or offline).

eBitcoin also claims to be working on a payment plugin for messengers like Facebook, WhatsApp, and more. That payment plugin would allow users to send and receive money as easily as sending and receiving an ordinary message.

eBitcoin’s website lists some very ambitious goals for the future. The roadmap for 2018 mentions iOS And Android apps, a global marketing campaign, payment solution partnerships with Magento and Shopify, in-house DApp development, and more. They also claim to already be accepted by 4 merchants just 45 days after launch (the currency launched on November 1, 2017).

Who’s Behind eBitcoin?
eBitcoin describes its team as a “global” group of developers who “work 24/7 and have over 200 combined years’ worth of experience in all kinds of businesses.”

The eBitcoin.org website lists project manages as John O, Zaki S, Miguel Macedo, Guru Dev, and Ferriandy Ch.

A developer who calls himself “Satoshi21” is also apparently involved with the project in some way, although it’s not clear how or why.

eBitCoin Conclusion
eBitcoin is a tokenized version of bitcoin on the Ethereum blockchain. It’s an ERC20 token with no connection to bitcoin whatsoever – aside from the use of the bitcoin name. The project was launched in November, and the total supply of eBTC has been pre-mined. The development team describes its project as a “community-driven” project, although it’s not clear how many people are involved outside of the core development team listed on the eBitcoin website.

Meanwhile, the eBitcoin whitepaper is just 16 pages long, and it doesn’t feature much technical information about the project or its goals. The website vaguely mentions a partnership with a company called ProxyCard, which appears to be some type of mobile wallet and debit card system.