Connect with us

News

Top 5 Most Secure Cryptocurrencies of 2020

Avatar

Published

3 years ago

on

Most Secure Cryptocurrencies of 2020

As the economy continues to digitize, it’s important to consider security when choosing what blockchains to invest in. You don’t want to lose your coins because you assumed that the project you invested in had everything under control. If history has shown investors anything, it’s that you need to maintain security across the board if you plan to be successful in this market.

Exciting Threats

There are new and exciting developments occurring in the realm of supercomputers that could threaten the entire network of some of your favorite coins. Additionally, there are now state-level hacking operations to be aware of. Luckily, there are also developers creating solutions to these futuristic problems before they ever have time to materialize.

For example, Quantum computers cost millions at the moment. However, in the next two decades, these prices could go down to thousands, or even hundreds. Depending on how long you plan to hold your investments, you may find that one day you HODLed right into a Quantum hack.

To avoid these and others not yet, but on the way, risks, it’s always better to stick to platforms that keep the highest level of security in place. Even better, only invest in platforms built with security as their core principle.

These platforms can be secure because they are so huge, as in the case with Bitcoin, or simply because they employ some new technology that makes them this way. Here are the top 5 most secure cryptocurrencies for 2020.

GSX

GSX is the next most secure coin for 2020 for a variety of reasons. Mainly, it’s because GSX resides on the Apollo blockchain. Consequently, it enjoys all the security, efficiency, and usability of Apollo, and some.

GSX is the only Quantum resistant stablecoin. So in addition to security from hacks, users also get security from volatility when they use GSX. Plus, you can send GSX globally in seconds for pennies. In this way, GSX is able to function across all digital asset classes in a seamless manner.

GSX tokens represent ownership in the firm’s lucrative mining operations. Token holders have true ownership of these assets. This ownership includes the land, the equipment, and all the gold mined and held in the company’s audited vaults. GSX is only available at GSXCDE.com. The firm currently offers special discounts of up to 50% to early investors.

Apollo

No security-based list would be complete without Apollo. This coin is a fourth-generation cryptocurrency that introduces the market to a variety of firsts. For example, Apollo holds the title as the only Quantum proof blockchain in existence.

Apollo is a Dapp and cryptocurrency platform that enables users to conduct all types of transactions. The interface for this platform is easy-to-navigate and the backend is designed in a way to make it easier for Dapp developers to work efficiently. Apollo is all about maximizing your efforts and delivering a secure experience.

This platform is incredibly flexible as well. Users can quickly program and launch a token on the platform with no technical know-how. The interface makes the entire process streamlined. Additionally, you can launch your new token directly into the Apollo network with ease.

Security-wise, Apollo has a multitude of governmental and commercial use cases. The platform can function as a digital identity verification system. It can also tokenize real-world assets. Apollo is listed on several exchanges such as HitBTC, Digifinex,  BitMart, etc. 

Ethereum

Ethereum is the second-largest cryptocurrency in the world. As such, it is also the second-largest Proof-of-Work (PoW) blockchain in the market. The sheer size of this network keeps it as a top contender as the most secure blockchain in 2020.

Interestingly, Ethereum’s developers intend to shift the cryptocurrency from a PoW consensus over to a Proof-of-Stake (PoS) consensus mechanism by the end of the year. This would make Ethereum the largest PoS network in the world. PoS networks are more energy efficient. They are also more democratic as they allow any user to stake their coins and earn rewards.

Ethereum is still the most used platform in terms of ICOs and Dapps. The ERC-20 token standard continues to see advancements. There are currently over 180,000 ERC-20 tokens in circulation.

DASH

DASH is one of the most decentralized coins in the market. This decentralization comes from a unique consensus and governance protocol that provides masternodes the ability to vote on key network upgrades.

DASH has an amazing community standing behind the project. This coin has a monthly development budget of $2.5 million. The platform wisely puts aside 10% of all mining rewards to reinvest back into its community projects.

Private Send is another feature that puts DASH on this list. Since its early days as Darkcoin way back in 2014, Private Send has been a reliable way to anonymize your transactions. DASH even offers a large bounty to anyone able to break this privacy protocol. So far, no one has claimed the prize.

Bitcoin

As the world’s largest blockchain, Bitcoin still reigns supreme in terms of market security. Yes, it’s true that Bitcoin’s blockchain is a power-hungry beast, but, studies have shown that the majority of this power comes from renewable energy sources.

Bitcoin stands as a beacon in the crypto market. This cryptocurrency has endured nine years of attacks and retained its security. These years helped to drive more interests in the world’s largest blockchain and the crypto market in general.

Bitcoin has some new functionality now thanks to innovations such as the Lightning Network. The Lightning Network is an off-chain protocol that utilizes private payment channels to reduce blockchain congestion and add functionality to Bitcoin’s blockchain.

Top 5 Most Secure Cryptocurrencies of 2020

Anyone that has ever lost their cryptocurrency due to a hack or scam can attest to the importance of security protocols in your investment strategy. You need to think ahead and be aware of the current threats your cryptocurrency faces. Only in this way can you be prepared for whatever the market throws at you.

Related Topics:
Continue Reading

News

$200,000 Fast Money Challenge: A Double Prize for the Leader Based on 4 Tournaments

Avatar

Published

1 week ago

on

March 16, 2023

By

The $200,000 Fast Money Challenge tournament series begins. Use your chance to compete for 4x times more prize places! The event includes four rounds (tournaments), each with 20 winners.

And the series leader will get double lucky! The player who scores the highest in any round relative to the entire series will get two prizes – the one they receive for winning the round plus an extra $40,000 💰

Join the fair competition of the transparent blockchain casino and grab your share!

Tournament series schedule

  • Round I: March 1 to 7
  • Round II: March 8 to 14
  • Round III: March 15 to 21
  • Round IV: March 22 to 29

Participation terms

Get rakeback in TFS Tokens for placing bets and move up the leaderboard! In each round, the 20 participants with the most TFS mined will share $40,000:

  • 1st place $20,000
  • 2nd place $4,000
  • 3rd place $3,000
  • 4th place $2,000
  • 5-10th place $1,000
  • 11-20th place $500

The series prize pool is $160,000. And the series overall champion will get $40,000 on top of the reward they win in any round.

The transparency of the results is guaranteed by the blockchain. All players’ bets are recorded on the immutable blockchain, so you can always view any of your bets via Trueplay Explorer. Just copy your ID and paste it into the Explorer search bar.

Join the tournament and get rewarded!

About Fairspin

The Fairspin online casino was founded in 2018. It operates under the Curaçao eGaming license and is a fully transparent platform where users can check their bets and other gaming actions through the blockchain. That has become possible because of Trueplay Explorer, which records everything taking place on Fairspin and makes it available for viewing.

Fairspin provides more than 5,000 games by 70+ providers translated into 20+ languages.

The casino has its own digital asset – TFS Тoken. It can be bought or sold on the exchange and earned via our special loyalty program. We have released a limited number of TFS Тokens and are making sure the rate between TFS and USD remains stable.

There are two programs based on our TFS Тoken:

Play To Earn: users get rakeback (refund) in TFS for bets in each game. They can use the received tokens for holding, sell them, or continue playing.

Hold To Earn: this is an opportunity to hold TFS and then receive a percentage of the casino income in tokens as a reward. There are three holding programs: for 8 hours, 1 day, or 3 days. The average APR of the Hold To Earn program can reach 500%. Moreover, it is fully safe since even if the casino does not have income, the user will, in any case, get all the tokens they staked.

Continue Reading

Blockchain

LedgerFi’s ($LFT) Token Pre-sale: More than 8% sold out in less than 30 min on XDC Sale

Crypto Chain Wire

Published

2 weeks ago

on

March 15, 2023

By

LedgerFi, a leading decentralized web 3.0 secure communication platform built on the XDC Network, is excited to announce that their token sale will commence on March 14th, 2021 on XDC Sale. The token sale will offer investors the opportunity to purchase the native $LFT tokens of LedgerFi and join an innovative ecosystem of Decentralized Communication Service integrated with Decentralized Finance for enabling the seamless exchange of digital assets through a unified platform. 

LedgerFi has envisioned to become the world’s first Decentralized Digital Asset Exchange (DDAX) platform through which users can transfer all types of digital assets with a military grade security, cryptographic encryption, privacy and prevention from cyber attacks using the power of Blockchain technology.

LedgerFi is a one-stop-shop for DeFi users that provides access to various communication protocols and services in the industry such as Ledger Mail which is already live in the market and it has 750K users exchanging 2M+ emails,and upcoming products like

  • Ledger Chat: The Decentralized Instant Messaging Solution enabling users to instantly chat with peers without worrying about centralized governance. LedgerChat allows users to seamlessly communicate with each other without compromising their Digital Identity & Data Sovereignty. It’s in beta at the moment.
  • Ledger Live: The Decentralized Audio & Video Call Platform allows individuals & businesses to connect with each other in real-time. The centralized access point utilized in conventional VoIP solutions is eliminated with blockchain based communication technologies. Eliminating the hassle of handling centralized, cumbersome & hackable legacy platforms with the high-performing next-gen solution. Instead, a blockchain based communication system sends the signal from the calling party to a receiving number, which is then replaced by a dispersed network shared by all network users.
  • Ledger Pay: The Decentralized Cross-Border Remittance platform providing human-readable, interoperable & lightning-fast payment transfer capabilities for financial inclusion of the unbanked individuals.
  • Ledger Mint: Metaverse Interconnected NFT Transfer Hyper-personalized social connectivity for transferring, exchanging & showcasing NFTs and other digital assets through an interactive & interconnected platform.

Token Sale Details

  • Presale Address: 0x7db6AaF98bDFE47f197a3b1bbC3Cfe6CB0f302c4
  • Token Address: 0x65d358C56Ff2E64C007060D5D4dF308986734f5C
  • Total Supply: 400,000,000 LFT
  • Soft Cap: 7,500,000 XDC
  • Hard Cap:15,000,000.0 XDC
  • IDO Rate: 1.5 LFT per XDC
  • Listing Rate: 1.0 LFT per XDC
  • Liquidity %: 51
  • Min Contribution: 4,000 XDC
  • Max Contribution: 400,000 XDC
  • IDO Start Time: 14 Mar 2023, 19:30
  • IDO End Time: 05 Apr 2023
  • Liquidity Unlock Date: 05 May 2023

About LedgerFi

LedgerFi provides a web 3.0 communication service built on blockchain technology for secure communication through email, chat & payment applications. LedgerFi provides blockchain based Decentralised communication service & Decentralised Digital Assets Exchange for secure communication.

Media contact

ZEX PR WIRE

ag@zexprwire.com

Continue Reading

News

Firework Games Studio Builds its first Battle Royale Game – SPARK ERA, with Security and Stability on AWS

Avatar

Published

7 months ago

on

September 6, 2022

By

Firework Games has been working with the leading cloud infrastructure provider Amazon Web Services (AWS) on the upcoming release of the first-ever 3D space battle-royale game embedded with a reinforcement learning element (Companion NPC AI). Since the last article  about the SPARK ERA – AI-Enhanced NPCs, Firework Games has been working on integrating and introducing this feature for the first time in a galactic-based battle-royale MMO game.

Firework Games has worked very closely with AWS to bring this innovative feature to players. The integration of AWS services such as Amazon EC2, Amazon S3, Amazon RDS, Auto Scaling has allowed the studio to build a scalable and reliable game server architecture that can handle the high concurrency and intense load expected during the launch of SPARK ERA. In the upcoming days, Firework Games plans to use AWS’s AI / ML services to provide an enriched player experience by automatically extracting in-game information like character names, weapons, and gear from images and text within game videos.

Using the AWS Enterprise On-Ramp support plan, the studio was able to quickly reap the benefits of a well-planned approach through infrastructure event management (IEM), AWS best practice guidance and communicating with global AWS experts to ensure SPARK ERA’s security and stability. In particular, AWS GPU cloud services are now helping the studio to accelerate their AI models. 

“Integrating AWS’s services into our game architecture has allowed us to focus on what we do best—building an amazing 3D space battle royale game with companion NPC AI,” said Moses Ip, CEO of Firework Games. “We are excited to be able to leverage the power of AWS to bring even more innovation to our players.”

About Firework Games

Firework Games is a game development company committed to using cutting-edge technology in its games. The infrastructure is built with gaming in mind, allowing for unique gameplay experiences. Immersion and mobile apps are emphasized at the Studio, allowing players easy access to our games while integrating innovation throughout our ecosystem into the gaming business.

R&D is also the firm’s major focus. The goal is to create an immersive metaverse predicted by AI based on each user’s prior behavior. While users can be in the same dimension, their perception is unique — tailored to each user’s desires. In brief, our developers are former Tencent and NetEase, and we have AI scientists in California. The first game that we developed is Spark ERA – Echo to Universe. The beta version is currently open on PC/VR, and the official launch of the Android/iOS in August 2022.

By

Moses Ip – CEO of Firework GamesThe Official Links: Twitter | Telegram | Discord | Website | Metaverse

Continue Reading

Trending