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Top 5 Most Secure Cryptocurrencies of 2020

Team Bitcoin Daily

Published

4 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.

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WEMIX3.0 welcomes Sygnum as Node Council Partner “WONDER 18”

sky0x.eth

Published

3 months ago

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February 8, 2024

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  • Sygnum will contribute its digital asset expertise and operational experience as a regulated bank to further enhance the reliability of the WEMIX3.0 Mainnet
  • The banking group will also participate in its protocol governance and contribute to the expansion of the WEMIX ecosystem

Leading global web3 developer Wemade is proud to announce that Sygnum, a global digital asset banking group, is joining the WEMIX3.0 Mainnet’s Node Council Partners as “WONDER 18”. The NCPs, known as 40 WONDERS (WEMIX On-chain Network of Decentralized Ecosystem Regulators), validate transactions and blocks on the blockchain, while maintaining connections with newly added nodes to ensure the stable operation of the Mainnet. Each new NCP, assigned a number between 1 and 40, plays a critical role in upholding the integrity and security of the WEMIX3.0 Mainnet.

Sygnum will contribute its digital asset expertise and operational experience as a regulated bank to further enhance the reliability of the WEMIX3.0 Mainnet, participate in its protocol governance and contribute to the expansion of the WEMIX ecosystem.

Sygnum is a global digital asset banking group, founded on Swiss and Singapore heritage. It empowers professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets with complete trust. The Sygnum team enables this through institutional-grade security, expert personal service and a portfolio of regulated digital asset banking, asset management, tokenization and B2B services.

More information on Sygnum (www.sygnum.com) and 40 WONDERS (www.40wonders.wemix.com) can be found on their official websites.

About Wemade 

A renowned industry leader and innovator in game development, WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. WEMADE aims to accelerate the mass adoption of blockchain technology, and is building through its WEMIX subsidiary, an experience-based, platform-driven, and service-oriented mega-ecosystem that will offer access to a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. www.wemade.com / www.wemix.com/communication 

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Crypto

Multiplayer Strategy Game “RoboHero” Featuring Seamless Integration of Tokens and NFTs to Launch on WEMIX PLAY

sky0x.eth

Published

3 months ago

on

February 2, 2024

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  • One of the first mobile games with an ecosystem designed to bridge the Web2 and Web3 worlds
  • Set in an immersive metaverse, Robot Factions intensely battle for control over vital resources in a post apocalyptic world
  • Tokens and NFTs are seamlessly integrated into the gameplay, with unique DeFi tools offering a new dimension in Web3 gaming

Leading global game developer Wemade today announced that Estonian game developer DevDream House OÜ will be launching Multiplayer Turn-based strategy game “RoboHero” on the world’s biggest blockchain game platform, WEMIX PLAY (www.wemixplay.com). Set to be launched in the first quarter of 2024, RoboHero is one of the first mobile games with an ecosystem designed for players in both the Web2 and Web3 worlds, available on the Google Play Store and Apple App Store.

In “RoboHero”, the action unfolds in the post-apocalyptic metaverse 31337, where warring robot factions battle for resources. Players choose from one of three factions – ETER, DEUTER, or PLASMA – and three character classes – Tank, Shooter, or Sniper with different fighting styles. Each RoboHero will have unique characteristics that combine base properties, attributes, factions, classes and corresponding bonuses. “RoboHero” also features a meticulously designed character development system in which characters gain experience in battles and, upon meeting specific conditions, evolve to acquire increasingly better statistics.

Players defeat opponents in a duel by inflicting more damage or by taking control of the majority of buildings on the map. Enter story mode (Player vs Environment) and win successive missions to collect NFT items, or join multiplayer mode (Player vs Player) to fight opponents for $ROBO. “RoboHero”, a Web3-based game, offers the following key features:

  • Players can purchase RoboHero robots in RoboHero LootBoxes using $ROBO tokens.
  • Players can choose from two modes of play: Story Mode (PvE) and FightClub Mode (PvP).
    • In Story Mode, players explore new territories, battle bosses, and earn in-game tokens to upgrade their robots and equipment.
    • In FightClub Mode, players can create or join fight rooms to compete against each other for $ROBO tokens.
    • Players can participate in tournaments to compete for additional $ROBO tokens.
  • Players can purchase NFT items, such as energy boosters, helmets, legs, weapons, and grenades, on a special marketplace using $ROBO tokens.
  • Players can create an account on the Marketplace and pair it with the game to manage their robots and NFT items.

More about NFTs – Equipment, Lands, Mines, BillboardsThe game includes numerous NFT implementations, such as lands, billboards, mines and items. 

  • Equipment: Each RoboHero faction has unique equipment NFTs that increase the power, vitality or range of affiliated RoboHeroes that can be found in chests scattered around the RoboHero world. Each RoboHero has three interchangeable pieces of equipment including Helmet, Limbs Armor and Corpus Shield. Legend has it that after completing the entire set of 3 items, RoboHeroes can evolve to a higher form.
  • Lands: Lands play an important role since mines can only be generated on them, while battles and gameplay also take place on lands. They can be purchased and freely traded on the market, with landowners entitled to pooled tokens for every fight that takes place on each land NFT.
  • Mines: The game requires the use of copper, iron, titanium and precious metals (gold, silver, and platinum) in crafting equipment and weapons. As the only sources of these materials, mines play an important role in RoboHero and can be purchased or traded on the market. 
  • In-game billboard ads: RoboHero introduces a new billboard advertising model with 1,000 billboards located on buildings throughout the game landscape. Billboard owners can advertise their own social media accounts and products, or choose instead to rent the advertising space for a predetermined amount per week/month,  or sell the billboard for a profit.

“WEMIX is a great partner for us and its vast gaming industry experience will be a key factor in helping RoboHero deliver new innovations in the Web3 gaming space,” said Jakub Stefanek, CEO of RoboHero mobile game. “As developers we are very excited about the opportunity to work with such a well known company and can’t wait to create the future of Web3 games together.”

Resources:

About WEMADE

Part of the first generation of Korean PC online game developers and Korean mobile game developers, Wemade is at the forefront of the next wave of Web3 game developers that are innovating with blockchain technology. Based on the WEMIX3.0 Mainnet, the WEMIX PLAY blockchain game platform is the world’s biggest with millions of users and a wide range of game genres from card, puzzle, simulation and strategy games; to first-person shooters, battle royale, MOBA, MMORPG, SNG, sports games and more. Visit www.wemix.com/communication for more information. 

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Financial

Web3 Investors from 16 nations converged to witness these 6 Graviton-backed Indian startups make their pitch.

redfly.eth

Published

9 months ago

on

July 26, 2023

By

Graviton Web3 Accelerator’s digitally simulcast Demo Day event saw participation from VCs and angels around the world, focused on a cumulative raise of $10Mn for their first cohort. 

Graviton, a web3-focused accelerator for emerging markets backed by global VCs such as Hashkey Capital, Moonrock Capital, NGC Ventures, 369 Capital, Ascensive Assets, Stacker Ventures, MH Ventures, G1 Ventures, Infinity Ventures Crypto (IVC), and GravityX Capital, recently organized its first-ever digitally simulcast Demo Day.

The event saw participation from over 70 global investors from 16 countries, with all eyes converging on what the six teams at Graviton are busy building and scaling. These teams have emerged as outliers from a pool of 300+ startups that had applied to get accelerated through the Graviton ecosystem.

Graviton’s uniquely designed accelerator program arms a limited cohort of promising early-stage web3 founders with a healthy infusion of institutional capital (marked by a seed investment into each team), technical grants and integrations from a vast partner ecosystem, mentorship from proven industry experts to help the teams with business strategy, tech fundamentals, growth marketing, and fundraising, as well as expanded networking opportunities to help them raise serious capital in the long run. 

“While the ongoing ‘bear market’ sentiment fosters a conservative investment mindset around the world for crypto platforms, we at Graviton believe that world-class technology products led by visionary founders are always ahead of the curve, and always lucrative to serious investors”, remarked Arpit Nik (Founder & CEO at Graviton and a General Partner at GravityX Capital). Arpit and team have been hard at work since December last year, to identify India’s strongest founders with a penchant to build for the decentralized web. 

The six teams that emerged frontrunners amidst a plethora of applicants, include:

Spydra – An enterprise grade blockchain solution that is helping large organizations migrate their existing tech stack from web2 to web3, making the transition as frictionless as possible. Led by the seasoned and suave Manish Tewari (with massive previous exits at Koovs.com and Pokkt), Spydra is powering the largest status-quo migration in enterprise tech, since the advent of AWS and cloud-computing. They’re already clocking an annual run rate of $100K in revenue, servicing clients such as Raymond, Myntra, and the National Payments Corporation of India. 

Wall – This team is solving one of the most significant challenges of web3, i.e. community building. Wall helps businesses acquire and take community members through beautifully mapped custom user journeys, helping them claim rewards (such as Airdrop tokens), while completing platform-mandated tasks across multiple touch points (such as Twitter, Telegram, Discord, etc). It offsets the community moderation costs for emerging web3 platforms, and after helping 40+ projects design custom reward pathways, Wall is fast emerging as the go-to community building solution for L1 and L2 ecosystems.  Wall is helmed by Anuj Kumar Kodam (ex IIT Kharagpur, IIM Calcutta, and formerly part of the founder’s office at Ola Cabs). 

Strive – Global opinion on the utility of NFTs is divided, and Strive is here to change that. With a proprietary layer that facilitates the sharing and trading of NFT utilities, the team is expanding the possibilities of what one can do with NFTs today. Using Strive, any business, brand, or artist-led community can monetize their audience and influence with ease. Kartik Mehrotra (ex UC Berkeley) leads the show at Strive Network. 

Zoth – Crypto users of today are struggling to find secure and passive income generating opportunities, despite the total value of crypto finance having breached $1Trillion as of 2022. Pritam Dutta (ex Ab-InBev, Mahindra & Mahindra) and team Zoth are on a mission to democratize global access to affordable capital, through the tokenization of real world assets. They’ve already deployed $500K in capital, and have a little under $10M in their managed assets pipeline. 

Fetcch – The motto and creed at Fetcch is to make web3 payments as simple as Venmo or Paypal. Mandar Ray, CEO at Fetcch, explains that they’re building an abstracted middleware layer that removes the complexities associated with wallet addresses, which in turn is a giant leap towards the mainstream adoption of web3. Recently, the team has opened up beta access to Fetcch Pay, their flagship payments product. 

GG Nation – eSports is booming, and team GG Nation has done a stellar job of capturing the mindshare of student gamers across 250+ Indian colleges in 18 cities. Today, GGNation has more than 200,000 gamers on its roster, with an aim to onboard India’s first million gamers. Abhinandan, the founder and CEO, has a remarkable track record with two of India’s biggest sports IPs, Indian Racing League and Premier Futsal, achieving impressive media value, viewership, and live attendance.

Over the last 16 weeks, these teams have been immersed in interactive workshops with a team of 50+ remarkable mentors – all of whom are established thought leaders in their respective domains. And in exchange for their time and imparted wisdom, Graviton has created a circular rewards model, with each mentor acquiring nominal equity in these teams, proportionate to the time they spend nurturing each product. Arjun Kalsy (ex-Growth lead at Polygon), for instance, has a vested interest in the success of each of these six teams, as one of their growth mentors. The same is true for Parth Chaturvedi of Coinswitch Ventures, Vijay Pravin of bitsCrunch, and many others who have become an integral part of the growth journeys of all 6 teams.

The success of Graviton’s Demo Day is owed largely to the efforts of Program Director Jeffrey Broer, who is a seasoned web3 investor at Mulana Capital, and a highly sought-after blockchain mentor and speaker. 

“Supporting visionary entrepreneurs on their transformative journeys in the web3 realm brings me immense joy. I extend my heartfelt gratitude to the nurturing Graviton ecosystem for promoting an inclusive culture of progress. May the six teams embark on a remarkable path of growth and achievement!”

– Vijay Pravin (CEO, bitsCrunch & Growth Mentor at Graviton)

“All hands aboard is the philosophy that drives us to help startups and founders. We’re glad that this team of web3 disruptors came together at Graviton, and forever indebted to our invaluable mentors, who have helped craft this journey together. With everyone’s hearts set on building sustainably for the decentralized internet, we’re just really excited about what the future holds for the Indian web3 space”

– Vishal Sanap (Head of Portfolio Growth & Development at Graviton)

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