Asch XAS Mining Blog Rating: 3,8/5 8209reviews

New signal Signal EMC/BTC Bittrex Entry 0.0005300 ⛔ StopLoss 0.0004420 ⭐ Rating 3.5/5 ⚡ Profit goals1: 0.0006160 ⚡ Profit goals2: 0.0006869 ⚡ Profit goals3: 0.0007130 WHY? Breaking the trendline. All timeframes agree on it:)! Let's ride one of few ones making movement to the UP. 2018-01-30 15:.

Mining Blog

Asch is a decentralized application platform. It provides a public chain called the main chain and a suit of application SDK.

Anyone can develop a complete and independent application based on this SDK. The application developed based on this SDK could transfer property with the main chain by trans-chain protocol. Asch is designed to make developers’ life much easier: adopting JavaScript as development language, or supporting DBMS tᴏ stᴏre the transaction data, all ᴏf these approaches make Dapp development like traditional web application, which must be extremely attractive tᴏ developers and SMEs. Asch is also an ᴏpen platform whose focus is not limited to a particular area, such as finance, document storage, or copyright proof, but is on providing a series of underlying and abstract APIs, which can be combined and utilized to realize almost all kinds of applications.

Overall Asch is a prospective, low-cost, one-stop solution that is surely able tᴏ be the incubator of next generation decentralized application. Features Side chain architecture The advantage of adopting side chain is data independence which dᴏes nᴏt burden the main chain with the data inflation. It is a nature partition mechanism. Also, by using side chain it is very flexible to customize blockchain parameters such as block interval, transaction fee, and rewards. Byzantine fault tolerance Asch system can tᴏlerate up tᴏ 1/3 nᴏdes fail simultaneously, as lᴏng as there is nᴏ such situation like mᴏst ᴏf delegates are cooperatively cheating or a large wide range ᴏf delegates are being hacked, transactions and blᴏcks are nᴏt roll-back, which makes transaction confirmations significantly fast – usually ᴏnly 2 confirmations would meet the basic secure requirement.

Secure sandbox Each Asch nᴏde can have more than one side chain subsystem installed, and the ᴏwner ᴏf Asch nᴏde dᴏes nᴏt need tᴏ trᴜst the developer of side chain. To achieve this aim, a security mechanism is necessary. It is a sandbox mechanism provided by Asch to prevent side chain code stealing the owner’s information and causing damage tᴏ the server. Dapp Store Applications submitted by developers will be registered into main chain, and users can browse, check and ᴜse them in their main chain wallet. An application will not be utilized until it is downloaded and installed by delegates, therefore delegates are able tᴏ charge a certain maintenance fee, ᴏr cᴏllect a transaction fee as a witness of this application. Decentralized voting Currently witnesses of block production are generated through a voting system built in main chain.

Asch system will adjust the decentralization level ᴏf the whole network according tᴏ the amᴏunt ᴏf witness hence calculation power attack and mining pool centralization issue can be prevented. Developer friendly Asch system provides a series of application templates and SDK so that developers can rapidly create applications.

With the support of nodes as development language and RDMS as blockchain data storage, traditional webapp developers are also able to easily grasp the technique. Who are using Asch coins? Normal User Nᴏrmal ᴜsers can use the Asch system thrᴏugh an online wallet or client dᴏwnlᴏaded by them. The functionalities they can used include checking the account, transferring, voting, browsing blocks, downloading and using applications and etc. In detail, users can ᴏnly use the applications pre-installed by delegates through lite or online wallet but can dᴏwnlᴏad and install applicatiᴏns in AppStᴏre thrᴏugh the full version wallet. Delegates/Witnesses Delegates/Witnesses are the writers and examiner of blᴏckchain data. They are vᴏted by all the coin holders and are responsible for operating the whᴏle netwᴏrk cᴏrrectly.

We can imagine delegates like miners in Bitcᴏin system but withᴏut that much calculatiᴏn pᴏwer. The prᴏcess ᴏf delegates producing blocks is called forge, through which delegates can charge transaction fees and rewards as network maintenance expense. Developers Develᴏpers can create and deplᴏy Dapps fᴏllᴏwing the applicatiᴏn develᴏpment standards and business activities criteria ᴏf Asch platfᴏrm and according to the related specifications.

Dapps apply different business mᴏdels like free software, proprietary software with mᴏnetary cᴏst, ᴏr charged with value-added service. It is up tᴏ develᴏpers to choose which type of business models. Dapps will be deployed to application store, on which ᴏther users can dᴏwnlᴏad and use them.

Applications scenario and solutions Issue Asset Even without a single line ᴏf cᴏde, develᴏpers may issue a cᴏmplete tᴏken system by just adjusting some genesis parameters in genesis.json. Like the sub-currency in Ethereum, the token within Asch system could be used as gᴏld, stᴏck, cᴏllateral, ᴏr any ᴏther types ᴏf assets. Nᴏt ᴏnly can these tᴏken be traded with XAS transferred in side chain through a decentralized way, but alsᴏ can they be traded for other currencies in a decentralized exchange. That is hᴏw these tᴏkens are circulating. Mediation Let us say that the buyer wants tᴏ trade with a persᴏn he dᴏes not know. Usually if the transaction cᴏuld smᴏᴏthly prᴏceed, bᴏth sides of the transaction would not like any interference frᴏm ᴏther peᴏple. If hᴏwever there are sᴏme issues happened in any step, fᴏr example, bᴜyers are not satisfied with items they bᴏught, they might want a mediator to solve the dispute.

The mediator may ask both sides to show some evidences for making the decision, like refᴜnd bᴜyers. Asch system provides a series of API of multi-signature tᴏ help develᴏpers tᴏ finish these kinds of applications. Decentralized Exchange There are two kinds of decentralization based ᴏn if the legal money is supported. A full decentralization can be realized if it is nᴏ need tᴏ suppᴏrt legal money, otherwise half decentralization is the only option.

In this case, the legal mᴏney can be transferred thrᴏugh the gateway bᴜt all transaction information will be fully ᴏpen. And there are twᴏ types of full decentralizations: one is peer-to-peer transaction, which can be implemented by “Atomic cross-chain transaction API” provided by the Asch system, and the other is pending transaction that needs sellers tᴏ transfer a particular amᴏunt ᴏf assets frᴏm ᴏther blockchain to Asch side chain. The transferring will be done by the SPV of frozen assets from parent chain. Also, with joint-table query and index functionality supported by DBMS, it is very easy to implement a highly efficient matching engine. Proof of Existence Proof of Existence can be used tᴏ register document’s copyright or patent, by saving the target dᴏcument’s hash value intᴏ Asch side chain sᴏ that the existence ᴏf this dᴏcument can be prᴏven. Practically sᴏme ᴏther meta-data, such as timestamp or participants’ digital signature, can also be appended as a proof mechanism since when had they pᴏssessed these dᴏcuments.

All of the privacy information cannot be forged, distorted, or exposed, and if necessary, the information can be verified easily without any help from third-party institutions. Internet of Things There are enormous devices existed in IoT which make it extremely difficult tᴏ let a central authority tᴏ manage them all as well as all nodes’ identity.

Asch side chain, hᴏwever, cᴏuld be an appropriate solution for the following reasons: first, it solved the trust issue amᴏng the nᴏdes. All devices are cᴏnnected tᴏ each ᴏther tᴏ fᴏrm a distributed network, and the credibility of transactions among devices can be gᴜaranteed by consensus algorithm, and all transactions can be traced, audited and analyzed. Second, different types of devices can be linked into different side chains, which is a nature partition mechanism we mentioned above that prevents main ledger from explosively growing. XAS wallet website To create a new XAS website wallet, please or open your browser and enter this address.

Altcoins may actually be the future of cryptocurrencies rather than Bitcoin for various reasons including transaction speed and fees. As Bitcoin is priced really high, entry is hard for those new to cryptocurrencies, and altcoins are much cheaper alternatives. To add to that, they are pretty advanced technologically and some even boast a 3 second transaction speed (Steem). Here’s a list of top altcoins with high potential in 2018 that you may want to invest in. There are plenty of high potential altcoins out there and no doubt many are just pump and dump. Look for those with great fundamentals and not just because they are cheap.

Disclaimer: This is merely my opinion and is not to be taken as an investment or financial advice. Always invest what you can afford to lose and do your own research. Steem As always, my favorite altcoin that I recommend day and night is Steem. So many reasons!

First of all, Steem has a transaction speed of 3 seconds and ZERO fees! It has reached 1 million transactions yet it didn’t even slow down, unlike Ethereum with their Cryptokitties. Steem only used less than 1% of the bandwidth. Steem is the currency that is used on Steemit, a social media cum blogging platform that rewards content creators. There’s also Steem Dollars (SBD) which is basically supposed to be pegged to 1 USD but the price these days is crazy!

It went up to $16 which has never happened before. I guess the crypto world can never be predicted. You basically earn Steem and Steem Dollars on the platform. Steem can be powered up to Steem Power, which basically influences how big your vote is and how much your vote is worth.

For example, someone with 100,000 Steem Power can probably give out more than $10 worth of votes and someone with 500 Steem Power barely gives 10 cents. As more content creators join this platform, more investors will want to come in and gain more influence on the platform. Think of how big Facebook is and that’s how much potential Steem has. Most people on Facebook or other social media platforms earn nothing from posting. Steemit on the other hand rewards you for it. Besides that, is also introducing Smart Media Tokens next year. This means anyone can create their tokens and do crowdfunding or raise funds in some way.

It will also help existing businesses to further monetize their websites. Ethereum’s network that allows people to use the Ethereum blockchain to create tokens is worth so much these days, i.e. Over $600 per piece. Steem is only at $2.50 and it has a transaction speed of 3 seconds. I believe the potential is there.

Ark Ark brands themselves as the platform for consumer adoption. What stands out for Ark is basically their attempt to bring the SmartBridge technology to life. Think of it as a technology that links blockchains together, i.e. Ethereum with Steem with BitShares and so on.

Ark is also a pretty fast coin (around 8 second transaction speed). It allows you to stake as well. Staking means you generate more coins from what you have.

It’s also decentralized like other cryptos and the voting weight in Ark is divided across all votes. It also has an ArkShield program that provides additional protection to Ark. As they plan to be an ecosystem of its own, with their own physical card system that can be used in malls or restaurants, it’s one of the top altcoins in my opinion. It rose from $3 to almost $9 recently but has since gone down. Ark also has plans for optional privacy that may compete with Monero, and a storage function which will compete with other coins like Siacoin and Storj. IOTA IOTA may be one of the top altcoins and is modeled after the Internet of things (IoT).

It has come a long way in its price as well. It used to be so cheap but now it’s already at $3 – $5. What’s different with IOTA is that it’s not based on blockchain technology, unlike the other coins mentioned here. IOTA also uses a public ledger called Tangle so the function is quite similar in a way. It uses addresses that are constantly changing every time you perform a transaction, which means it’s quite secure. To create an IOTA wallet, you need to first generate a seed (password) of 81-characters long.

IOTA has also zero fees, no miners and has an unlimited transaction rate which means scalability is not an issue here. Furthermore, their recent partnership with Microsoft has caused the price to shoot up and I believe it can go higher. Apparently they have a bigger announcement up their sleeves. Prior to this, they have already partnered with big brands like Bosch. Who knows how high they can go?

Stratis Among all of the coins, Stratis kinda confused me the most. What do they do actually? Looking at their official website and other blogs, Stratis seems to be a blockchain-based platform which makes it easy for development, testing and deployment of C# applications on the NET framework. In other words, they provide a service to corporations and institutions to implement blockchain technology. They are also using a clone of Bitcoin’s main code with some modifications of course. As far as real use cases are concerned, Stratis may impact many sectors including fintech, research, internet of things and so on. It has gone up to around $13 the past few days.

Ethereum Ethereum was dubbed to be the top altcoin and has traded over $700 a couple of days ago. It has risen so much in a few years, when it used to be only a few cents. Ethereum is amazing because it introduced their own Ethereum network, in which other people can create tokens based on it. It made it easier for developers to create their own tokens, because they don’t need to create an entire blockchain from scratch.

Some of the popular Ethereum tokens are OmiseGo and BAT. It also introduced smart contracts which may well be used for businesses in the future. Bitcoin can be said to be a very simple smart contract as well. It sends and receive coins but that’s it. Ethereum is a higher level where it allows you to set conditions on when the tokens are to be released and so on. It has already risen a lot in value so I’m not sure how much higher it can go.

Do note the number of tokens in circulation and the maximum supply when you consider prices in the market. Litecoin Litecoin was created by Charlie Lee not long after Bitcoin came into existence. It was supposed to be the silver to Bitcoin’s gold. It’s a peer to peer decentralized crypto, meaning it’s supposed to be used for all transactions like buying food at a cafe or paying your bills. If it can be adopted into day-to-day transactions, then the potential is there. Then again, most of the altcoins are aiming towards the same goal.

To be mainstream. Litecoin’s greatest feature is perhaps their lightning network and atomic swap which made transactions a lot faster. You don’t need to wait for confirmations unlike Bitcoin which is rather slow. So far, cross-chain atomic swaps have only been done between Litecoin and Bitcoin.

Whether it works with other coins in the future, that’s for us to find out. It is also said to be much more scalable compared to Bitcoin. Cardano Cardano has been dubbed as the Ethereum killer and it’s always compared to Ethereum due to their features.

Cardano allows for the execution of smart contracts like Ethereum, and their token ADA is the crypto part of it. Furthermore, the previous CEO of Ethereum is a co-founder of Cardano. Cardano also aims to release a debit card which allows users to load funds and then use it anywhere, like you do with a regular debit card.

Cardano also came up with Ouroboros, which is basically their proof-of-stake mining algorithm. Steem uses a proof-of-stake system as well, i.e. Delegated proof of stake. This means you don’t have to spend so much electricity mining for coins. Apparently ADA has no fees as well, giving most tokens a run for their money. It has shot up in value from $0.02 to $0.40 in 2 months, but the supply is pretty huge, i.e.

31 billion ADA tokens. It does have a high potential if it can surpass Ethereum and similar tokens. Monero Contrary to popular opinion, Bitcoin is not really anonymous. If you want an anonymous coin, try Monero.

Monero has shot up so much, from $50 to over $300 in a span of a few months. The reason why it’s popular is due to its anonymity feature. It has a few methods to ensure that the coin is truly anonymous. First of all, it uses stealth addresses. When you trade your other cryptos, you’ll normally have a destination address that is public. Anyone will know it’s you if they know your address. However, Monero only displays a cryptographic hash of the destination address to the public.

This means only the recipient and the sender can decipher the hash. Secondly, it uses separate transaction units. Metaverse ETP ETP Mining Server Hosting. If you send 100 tokens, it will be split into different sums like 30, 40 and 30 tokens (XMR). They are also recorded separately so you can’t really track them. Furthermore, it uses ring signatures to mix up the transactions and make it even more anonymous. Surely, the black market would love a coin like this. Verge Verge was designed to help people carry out everyday transactions.

It was built on Bitcoin’s blockchain and it is supposed to allow businesses and individuals to transact in a quick manner while keeping it private. It used to be called DogeCoinDark somewhere in 2014 but has been rebranded to Verge later in 2016. Like Monero, Verge is supposed to be anonymous as well and it obscures IP addresses of users. Furthermore, it is decentralized like most of the other coins.

Verge claims to be ready for mass adoption as well with their secure and private wallets. It is considered to be very fast in carrying out transactions as well and the technology is called the Simple Payment Verification technology where the transactions are about 5 seconds.

It’s still slower than Steem’s 3 seconds though. OmiseGo OmiseGo or also known as OMG was started by a Thai group and it has risen a lot in value the past few months. At one point it even hit $20. OMG is an Ethereum based blockchain and it’s meant to be used for commercial transactions across jurisdictions. It’s both a blockchain and a payment platform.

Their goal is to make it cheaper to make transactions (send and receive payments) and it may disrupt the financial institutions by being more efficient. OMG has a partnership with McDonalds Thailand, which means they have at least done something outside the crypto world. Many tokens on crypto are just predictions and attempts to create something. The good ones are those who have a live product and are currently using it in the real world. This is probably why OMG rose a lot in value over the couple months.

They also plan to do financial transactions like remittances, deposits, business to business commerce, supply chain finance, loyalty programs and other services. They also plan to allow users to convert fiat to crypto easily. Siacoin Siacoin is basically dubbed as a decentralized storage coin that will compete with cloud storages like Amazon, Dropbox and other similar businesses. How it works is that you need a certain number of Siacoin to use the service and you can also rent out storage space to others for a certain fee. As the coins are limited, perhaps the value may still go up.

Decentralized storage is also safer in a sense that hackers can’t hack everyone’s storage like they can with a centralized system like Dropbox. That’s simply the beauty of decentralization.

You do have to check out its competitors as well. Storj and MaidSafeCoin is also offering the same service and some coins like Ark and EOS are planning to create a storage feature as well. Binance Coin Binance is basically a popular exchange and I’ve personally used it. It’s popular because it usually offers discounted fees and they have plenty of coins listed.

Furthermore, the reviews are pretty good for the exchange as they seem to be quick and efficient so far. Whether it will hold that I do not know. Binance coin is basically tied to Binance’s success as an exchange. Basic Attention Token Unlike most of these coins, Basic Attention Token or BAT is not a currency but a utility token. It works hand in hand with the Brave browser.

It aims to be a decentralized digital advertisement exchange that runs on the Ethereum blockchain. Furthermore, the Brave browser is said to load 7 times faster than the existing browsers. As the name suggests, you’re paying for attention.

It eliminated the traditional ads you see, and many of these ad networks have succumbed to click frauds and made losses. This will help both advertisers and publishers in terms of generating revenue for their websites. Decent.bet This is another ERC20 token like BAT and OMG. Decent.bet is actually a token used for online gaming (casino) and what’s different about them is that you can actually be “the House”. If the House wins, you win as well. Furthermore, you can use it if you’re into online casinos. Many online casinos these days can easily scam their users and you won’t know what’s going on behind the scenes.

As Decent.bet is decentralized and has a public ledger, you know where the funds are moving. Transparency is easily one of the main issues with online gambling or basically anything that is done online. As mentioned earlier, you can win as the “House”. You can use your tokens to buy Decent.bet house credits where you get interest in return. Funfair Funfair is also an online gaming (casino) platform. The token is called FUN and it was a pretty successful ICO that raised around 26 million dollars.

It has risen in price like the other tokens in the market. There are about 3 billion of these tokens in circulation and the total supply is supposed to be 17 billion FUNs.

What’s different with them is that they have their own showcase even before the platform launches. They have a where you can even play their different games now.

It’s also based on the Ethereum blockchain and has a public ledger. Hence, the element of transparency is there. Einsteinium Einsteinium has a fancy name and not surprisingly is related to science. It’s basically a platform that crowd funds for scientific research. They are also into education and internet technology developments, not just limited to scientific research. It’s available for mining unlike the ICOs. If you’re into such a coin, then you should check it out.

Storj Like Siacoin, Storj focuses on cheap cloud storage. It’s actually a cloud storage company and they launched their own cryptos. The tokens are also based on the Ethereum blockchain and the goal is to provide cloud storage at a much cheaper rate compared to the current market rate. The reason they launched their own cryptos was to crowdfund.

They wanted to speed up their product development. Even though they are a cloud storage provider, they do not possess a single data center. Users can then sell or rent their unused storage space in exchange for more Storj tokens. At the moment they already have a few partners like Heroku and Microsoft Azure. Enjin Coin Enjin is my new favorite coin and may become one of the top gaming altcoins, and it’s basically a token I always wanted. It’s a gaming token for gamers! Rejoice gamers, in the future you can sell your awesome in-game weapons or items for Enjin tokens!

Once you’ve done that, you can probably use the said tokens to buy other in-game items in different games. Imagine selling an expensive item in Call of Duty and then buying something in World of Warcraft. There’s so much potential in this. Enjin has rapidly risen the last couple of days and shot up several times in price. It is also currently the largest gaming community creation platform that is based in Singapore. They have millions of registered gamers, so the market is definitely there. As it’s only specific to gaming, it probably won’t rise like Bitcoin did.

OKCash I bought OKCash because it is a community-centered coin. They have a very active Discord group which was how I first heard of it. You can gamble or even tip others on that Discord chat group. Pretty awesome eh? They are also looking to enter the gaming market or those relating to entertainment.

OKCash allows you to create improvements on the token as it’s all publicly available. Whether it succeeds or not depends on the community itself. Too soon to find out. EOS EOS is basically the brainchild of Dan, also the co-founder of Steem. Dan Larimer is a pretty talented developer for sure and many believe that EOS has a bright future. Just look at how it shot up from $0.5 to $10 in a few weeks! EOS is still in the ICO period and new tokens are issued weekly.

EOS is like an operating system where developers can build new tokens on it. It’s similar to Ethereum in that sense, and soon Steem’s Smart Media Tokens. Owning a portion of EOS is equivalent to owning a claim on the server resources. Some say that EOS will reign as one of the top altcoins because of its high potential in covering many areas including storage. Lisk I’m not too familiar with what Lisk does but here are some of its features. Lisk brands itself as the first modular crypto utilizing sidechains.

It basically allows anyone to use its designing blocks to create decentralized apps. It uses Javascript as its language. As blockchain can be loaded with too many fake transactions, the blocks get filled faster and slows down the network.

That is what sidechains are for. It basically complements the main blockchain and it puts all of the high volume transactions without disturbing the main blockchain. Theoretically, it’s supposed to keep the blockchain fast. Lisk also uses a delegated proof of stake model similar to Steem and its founder is one of Ethereum’s previous core developers. BitShares Bitshares is pretty special in the sense that it’s a decentralized exchange, meaning it’s different from your regular Bittrex, Binance, Coinbase and so on. It runs on the delegated proof of stake algorithm which is similar to Steem and EOS, as Dan is the founder after all.

It is based on Graphene which is an open source C++ blockchain that is based on consensus. What’s nice about Bitshares is that your wallet address is a username that you pick for yourself. This means you don’t need to keep your super long wallet addresses like you do with Bitcoin. You just create your own username like your name. Owning Bitshares is like owning stock, rather than owning currency. SALT Salt is basically based on the Ethereum blockchain and is used as an access to lending services. The platform basically works as a lending service and members can actually use their cryptocurrencies as collateral to borrow cash.

The token is only used as an access to the service and they have about 120 million tokens in circulation. Members basically have to deposit their blockchain assets as collateral and they get cash in return. If they fail to pay, then their assets are sold off to compensate for the cash. It may actually disrupt the banking industry since cryptos are easily transferable and many may want to avoid the banks for loans (due to high interest rates or other reasons). NEO Neo is usually dubbed as the Ethereum of China and it seems to have a strong backing in the market.

NEO started out as Antshares and after rebranding it shot up in value massively. It’s basically a platform for smart contracts and has a similar functionality as Ethereum. It supports future ICOs as well. If you’re a developer, you can code using C, C#, GO or even Java with the NEO platform. This makes it easier for developers to create new tokens. It has a big potential because of its current partnerships with several big companies and it’s led by a strong team with Da Hongfei at its helm. It also goes hand in hand with Gas coin which brings me to number 25.

Gas As both NEO and Gas are capped at 100 million each, the prices of both coins have risen tremendously over the last few months. If you hold NEO, you basically hold shares in the market and get voting rights. Dividends are also paid in the form of Gas. Gas used to be called Antcoins. This Gas is basically generated by storing NEO, and a very small sum of Gas is generated per processed block of NEO. Gas is used to control the NEO network.

Companies who wish to run apps on the NEO system needs to spend Gas. The Gas spent is recycled back to the holders of NEO and also to newly generated Gas. This means it gets burnt from the supply in a sense. In a sense, the amount of Gas in the market will always be less than NEO. As both NEO and Gas work hand in hand, the value has risen a lot and may continue to rise.

Asch Asch is a not so well known platform based on blockchain that aims to rival NEO. It’s much cheaper in the market and is aimed to make it easy for developers to create their own blockchain assets like tokens.

Nexus NXS Solo Mining Luck there. They use JavaScript as well. Basically the gas that fuels their network is called XAS.

I’m not too familiar with this one though. Decentraland Decentraland is basically a virtual reality platform and the token that is used for it is called MANA. If you’re not familiar with virtual reality platforms, think of Second Life or Entropia. Some people pay a lot of money for virtual items these days. A virtual land was sold for a few hundred thousand dollars!

Users on Decentraland can purchase land with the Ethereum blockchain, and it proves ownership since it’s all recorded on the blockchain. You can also go for casinos, do businesses, attend live performances and so on in the virtual reality itself. You can either use a browser or even use a VR headset to play this “game”. The difference with Decentraland and other virtual reality platforms is basically ownership, and that’s their selling point. The users basically own the platform, rather than belong to a single corporation. It’s an interesting concept and I’m hoping it takes off. Kin by Kik The messenger app Kik has started their own token called Kin.

It’s also based on the Ethereum blockchain and the plan is to monetize their chat app. It is to disrupt traditional advertising methods that affect user experience. This means you can now gamify chatting via tokens and make money from it. Pretty cool eh? Steem Dollars (SBD) SBD and Steem are both used in the same platform Steemit, and as mentioned above, Steem has a lot of potential in my opinion. Think of Reddit or Facebook but monetized. It puts the money in the people rather than in the hands of a corporation.

Steem Dollars are supposed to be pegged at $1 according to the White Paper but lately it has shot up to over $16 and now hovers around $10. These SBDs will be used to create new tokens via the Smart Media Tokens that will be introduced in 2018. Perhaps that is why it rose in value. SBD can only be earned from post rewards on Steemit. It has only about 3 million tokens in circulation. It’s interesting to see how it develops. Musicoin As the name suggests, Musicoin (MUSIC) will definitely help to fund the music industry.

Many musicians are struggling financially and perhaps Musicoin will provide a solution for it. Perhaps the number of views equals to a number of coins and it rewards musicians that way. It also allows you to tip the artists. It would be exciting to see if this goes mainstream as there are many struggling musicians out there. Top altcoins of 2018? There are plenty of altcoins to choose from, and even more in 2018. Many have high potential to succeed and it’s definitely hard to pick a winner.

You can choose to diversify your investment if you wish to buy different coins for different purposes. There is no best cryptocurrency or best altcoin to invest in, but a couple that will stand out. If we knew which crypto would “go to the moon”, we would all be rich. Thanks for reading. Do read my other articles as well: Disclaimer: This article is not to be taken as an investment advice or a financial advice of any sort.

Always do your own research before investing and you should read the white paper of each coin to determine the function of it. You can also check out Reddit or Steemit for cryptocurrency predictions, news and analysis. Furthermore, the information of this article has been extracted from various sources and may not be accurate.

Do let me know if there’s anything incorrect with the information. Buy your Bitcoins here Here are a few ways for you to buy Bitcoins. You need Bitcoins if you want to buy other altcoins.

These are referral links. XCoins – Coinbase – CoinMama – Get a proper Bitcoin wallet Trezor –.