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Top 5 Most Secure Cryptocurrencies of 2020

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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.

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

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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.

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

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Revolutionary Team Presents the Pride Pixies NFTs Promoting Social Inclusiveness

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Many individuals are unfamiliar with the idea of using NFT for political change, democratic purposes, and social benefit. When it comes to NFT technology, revolution, re-organization, and re-defining are all part of artists’ daily routines. 

As one of the most innovative blockchain proponents of the year, Taylor Diamond-Vizcaino has created Pride Pixies NFT and moovmint.io, a groundbreaking NFT/DeFi platform.

As will be detailed more below, the project’s popularity has increased as a result of the team’s public revelation of their strategy.

Using NFTs to Change the World for Future Generations

True Dream Vision took a bold step following Florida’s “Don’t Say Gay” legislation. The new legislation in Florida prohibits public school students from learning about sexual orientation and gender identity. Students from all around the country came together to urge public education to become more inclusive and cohesive for everyone.

Pride Pixies NFT’s goal is to create a world where everyone may fully express themselves without fear of repercussions. When regarded from this angle, the exchange of NFTs may be considered a mechanism for speeding up the transformation process of our society toward a more inclusive framework.

The idea of scarcity is often included in the collections of many NFT ventures. Theoretically, different NFTs will have different values because of their variable rarity.

An Essential Jewel in Your Personal NFT Library

As soon as the project launch ends, traders will have access to Pride Pixie NFTs on several secondary market platforms, including Opensea and MoovMint.

There are 10,557 hand-made items in the NFT collection. A positive view of life and a willingness to speak the truth are two of the most prominent features of these artworks.

The project’s collection aims to broaden participation in the rapidly increasing blockchain industry. The team also believes that human rights should be promoted, which is the driving force for the NFT/DeFi marketplace moovmint.io.

The Pride Pixies NFTs come in a variety of skin tones and backgrounds. Symbols and imaginative references decorate these unique NFTs, making them even more interesting for experienced art collectors.

In addition, aspects of societal revolt are used in the collection to depict people who are both physically and spiritually liberated. The team decided to employ NFT technology as a means of combating any misogynistic ideas about women. The project is a celebration of the importance of women across all aspects of the world.

Founded by a Latinx LGBTQ activist and entrepreneur, True Dream Vision has made it clear how much work and resources the team is putting into this initiative for the sake of society.

The Promising Outlook of Pride Pixies

The team has recently revealed a number of project milestones. Pride Pixie pre-sales and minting will commence on June 1, 2022. Those who intend to participate in the round can apply for whitelisting on the project’s online webpage.

The sale of these Pride Pixies heralds the beginning of a brand new Ecosystem. The $MVMNT tokens are being produced for the sake of joining a play-to-earn (P2E) game in the virtual world (or, if we decide to use a more popular term, the “metaverse”).

According to the project’s developers, anybody who has owned a Pride Pixie NFT for six months or more will get an airdrop of 3000 $MVMNT tokens, which can be sold for cash on the most popular decentralized exchanges (DEX). 

Of the team’s income, 5% will be donated to the Human Rights Campaign Foundation (HRC.org) and the Ofrezco Foundation (Ofrezco.org). Early childhood education in low-income nations is being revolutionized by Ofrezco.org, which also promotes women’s engagement in the technology industry. A portion of the $MVMNT Token sales earnings will be donated to WIT (Women in Technology).

The Pride Pixies products and merchandise may currently be purchased by anybody who wants to help the initiative.

A Team of Qualified Professionals

Team members feel society’s day-to-day activities are often affected by the gradual and persistent change. Pride Pixies NFT aims to promote equal opportunity and social fairness regardless of one’s gender, ethnicity, or any other characteristic.

Getting into the field of information technology might be difficult for many people for reasons that aren’t readily apparent. Education and market frictions, just to name a few of them, are often obstacles that are hard to overcome.

In addition to its creator, the project has three additional members on its staff. Genevieve Rupelli is referred to as the “boss woman” on the project’s website, while Taylor Diamond Vizcaino refers to herself as a “creative & visionary.”

Donald Vizcaino and Muhammad Sabir Junaid join the team as “boss men,” adding their development expertise to the project.

This project has a good chance of being successful since the members of the team are dedicated, talented, and have prior project experience. The goal of the Pride Pixies NFT is to gradually shift people’s perspectives and influence lawmakers’ decisions in favor of social inclusion.

To sensitize the market, the team has hosted various events in the past. The purpose of these video lectures and webcasts is to educate the public about the NFT and DeFi worlds.

Pride Pixies aims to create a real impact in the lives of LGBTQIA people by using activism, inclusivity, acknowledgment, and advocacy. 

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The project’s technological needs are met by Polygon, Ethereum’s most renowned layer 2 (L2) solution. 

A website and social media accounts for Pride Pixies NFT are already available and will allow supporters to track the group’s progress.

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TrueUSD Names Five Banks Holding the Stablecoin’s USD Reserve

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1. TUSD is currently in collaboration with five banks.
2. Partner banks provide a safeguard for TUSD’s asset security.
3. TUSD is now audited by auditing firm Armanino.

Stablecoin TrueUSD (TUSD) named five of its current bank collaborators that ensure asset security for its USD reserves.

According to TUSD, it currently works with Signature Bank, Silvergate Bank, Prime Trust, First Digital Trust, and BitGo for the safekeeping of USD assets that back the value of the stablecoin.

For one, Signature Bank is the first bank insured by the Federal Deposit Insurance Corporation (FDIC) to launch a blockchain-based digital payments platform—Signet.

TUSD partnered with Signature Bank, a New York-based commercial firm, and was then integrated into Signet, Signature’s payment network, opening 24/7 minting services within two minutes. TUSD admitted that this development “greatly” improved its financial services for its users. Interestingly, TUSD transactions within Signet are free.

Another TUSD partner bank from 2021 is Silvergate. This financial firm became one of the first banks to set up accounts for crypto transactions and has since become known as one of the few crypto-friendly banks.

TUSD leverages the Silvergate Exchange Network (SEN), providing users with another “efficient” token minting service.

Together with SEN, TUSD reinforces its near-instant minting and redemption services with Prime Trust’s PrimeX. PrimeX enables TUSD holders to mint and redeem tokens round the clock, offering instant settlements.

Users of the stablecoin can also mint and redeem their tokens with TUSD partner First Digital Trust. Although the bank implements minimum and maximum transactions, TUSD saw this as an opportunity to provide its users with options, especially if they plan on minting or redeeming small amounts of TUSD.

TUSD is also one of the early stablecoins that crypto custodian BitGo included in its offerings. BitGo’s secure multi-signature wallets allow TUSD users to purchase the stablecoin within the wallet. 

With BitGo, users can purchase and exchange TUSD with no fee. However, a minimum amount of $1,000 worth of TUSD is required to mint and redeem.

TUSD revealed that it is exploring more ways to better its services for its users. To do so, it plans to forge relationships with more bank partners.Earlier, TUSD was reported to now be audited by Armanino, a top European auditing firm. Armanino will attest to the stability of TUSD’s smart contracts on-chain. TUSD, in turn, becomes the only stablecoin that has implemented such security standards.

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