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MinerGate Has Become a DApp Service Provider — Official MinerGate Blog

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MinerGate Has Become a DApp Service Provider — Official MinerGate Blog



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MinerGate Mining Pool

June, 5, 2019
MinerGate has become a dApp Service Provider on the DAPP Network. It’s no secret that there have been some significant obstacles in the way of the efficient performance of dApp development. To develop on EOS, dApp developers must own and use RAM, which has its limitations. There are two of them: the high cost (more than 115 EOS/1 MB as of June 5th, 2019) and the limited supply (currently around 90 GB, anticipated to increase to 128 GB by the end of the year). As a matter of fact, these two points severely restrain the capabilities of dApp developers and their applications. So recently, LiquidApps have launched an alternative solution on the EOS blockchain which solves the scarcity of RAM for dApp developers – vRAM. The vRAM system is RAM compatible and aims to remove the current interdependence between the cost of memory (RAM) and the size of stored smart contracts, by using RAM as cache memory. The whole ecosystem named the DAPP Network solves the limitation for decentralized application development. It makes it possible to store a potentially unlimited amount of data more affordably and efficiently. Along with EOS blockchains’ scale and speed, it will help utilize blockchain technology’s potential to the fullest. Thus, MinerGate DSP is eager to help dApp developers by bringing to the table solutions (Service Packages) that enable affordable and unlimited access to storage and off-chain processing with on-chain integrity so that the way scalable dApps are built on blockchains today will sufficiently evolve. Here you can find our official tutorial ‘How To Use MinerGate DSP Package.’  

Kraken Acquires Marco Santori Leaving Blockchain High and Dry

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Kraken Acquires Marco Santori Leaving Blockchain High and Dry

Marco Santori, former President and Chief Legal Officer of Blockchain.com, joined Kraken as their new Chief Legal Officer on the 6th of April, according to a blog post on the official Kraken website.
Marco Santori is known for his work in litigating, advising, and creating new laws in the crypto industry. He is also known for his Twitter trains of thought where he goes down the legal rabbit hole on many different topics related to cryptocurrency and Blockchain. Marco shared his future involvement in Kraken via Twitter as well.
I am thrilled to announce that I am joining @krakenfx as its Chief Legal Officer.
— Marco Santori (@msantoriESQ) April 6, 2020
Kraken is a California-based cryptocurrency exchange that has been in the crypto industry for a while. They are one of the most popular cryptocurrency exchanges on the planet, with a strong reputation for safety and liquidity.
Marco will provide Kraken with his experience with regulators, banks, payment providers, brokers, dealers, and other industry players, to drive forward Kraken’s growth and vision.
Consequences for Blockchain.com
At the moment there are no affirmations of the loss of Marco Santori from Blockchain. Peter Smith’s and Blockchain’s official blogs and twitter accounts have no mention of Santori’s leave from the company.
There is also no public knowledge about the change of employment and the motivations for Marco. One cannot help to be curious to know whether Blockchain was a lousy environment for Marco, or if this is simply an economic move, where Kraken offered Marco a significantly higher salary.
Whatever the case, Blockchain is undoubtedly to be on the lookout for a new Chief Legal Officer, however at the time of writing no new job openings were found in the career section of the company.
Excellent legal advice and representation are challenging to find, and the loss of Marco must sting for Blockchain. Kraken, on the other hand, is thrilled to celebrate the arrival of a new crypto superstar in their team.

News from our partners LumiWallet. Get EOS account for free! — Official MinerGate Blog

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News from our partners LumiWallet. Get EOS account for free! — Official MinerGate Blog



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MinerGate Mining Pool

June, 14, 2019
MinerGate is pleased to announce that our partner – Lumi Wallet, a highly secure multi-currency wallet – is launching an EOS account giveaway. This giveaway campaign has become possible due to the productive collaboration of MinerGate, Lumi Wallet, and Changelly. MinerGate believes in EOS due to its next generation and open source blockchain protocol that has a well-endowed structure with a DPoS consensus algorithm. As block producer and a part of the community, we aim to advance EOS development by offering cutting edge technological solutions. We are glad that many projects, and our strategic partners – Lumi Wallet, in particular – have made such a great contribution to the EOS system. The giveaway will enable more users to experience all the advantages of the EOS ecosystem and become a part of its prosperous community. And EOS account allows for the use of EOS decentralized applications and making an immediate transaction on EOS blockchain. However, one of the main features of EOS is that users pay a small fee to create a new EOS account that allows them to store and manage the coin. The average price of an EOS account is $4 plus a service commission that may reach up to $10. Lumi Wallet, with MinerGate’s support, is providing 1000 free EOS accounts to giveaway participants. Thus, it will allow more people to benefit from all of the EOS system assets and make the entry barrier for new users and EOS fans as easy as possible. To participate in the giveaway, you need to follow these simple instructions: 1 – Install the Lumi Wallet app on your mobile device. No matter how long you’ve had Lumi Wallet, one year or one day, you can participate in the giveaway; 2 – Go to the ‘Wallet’ section and tap the “create wallet” button and set up an account; 3 – Fill in the fields and create a name for your new account. The first 1000 users will receive a free EOS account. Feel free to share your feedback and ask for the details about EOS via email, support tickets, or in social media. Vote for MinerGate as an EOS block producer and make your impact on the evolution of the blockchain industry.

Blockchain-powered organ drone delivery | Crypto-News.net

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Blockchain-powered organ drone delivery | Crypto-News.net

Thumbnail Photo by Karl Greif from Karl Greif Video www.karlgreifvideo.com
According to The U.S. Department of Transportation (U.S. DOT), blockchain can be used to streamline drone deliveries of essential and important items, such as organs. The institution published an information-exchange document on 15th of April 2020, to communicate their findings and thoughts with the public and begin a discussion about blockchain and drone fleet management.
Drones in the context of the document are considered to be any Unmanned Aerial System, i.e. UAS. This includes UAS for military, commercial, and recreational usage and how blockchain technology can be used as a framework to provide stakeholders with security, identity management on one end. On the other side, blockchain is going to be used to manage conflicts in flight plans, authorization, and general air traffic management.
According to the U.S. DOT, blockchain technology is already mature enough to instantly introduce trust in a group or network of entities, as long as there are known and anonymous participants.
Regina Houston, Chief of the Aviation Safety Management Systems Division of the U.S. DOT Volpe National Transportation Systems Center says: “Blockchain is poised to transform the way we think about and analyze safety data. This is particularly exciting for unmanned aerial vehicles. Blockchain can be part of the solution to collecting and sharing reliable data about drones. When you combine machine learning with the data blockchain can provide on UAS registration, accountability, and tracking, an entire world becomes available for drone safety analysis, decision making, and even regulation.”
While it’s unclear how long the U.S. DOT have been reviewing ideas for blockchain adoption into air traffic systems, this type of sentiment can result in amazing blockchain implementations. In the report they mention Red Cat, because of their beta implementation of a blockchain-based black box for UAS. The black box implementation was portrayed as beneficial to industry regulators, insurance companies, and pilots.
NASA is mentioned for their proposal published in January last year about a blockchain-based framework for automatic dependent surveillance broadcast, which is a system that secures aircraft privacy, protects UAS from DoS attacks, and prevents them from spoofing their identity.
Compared to traditional delivery routes, drones cannot be slowed down by traffic and generally have a straight line to their destination – Photo by DJI-Agras
For their case study they presented the case for Drone Delivery of Organs. Naturally, this is a vital, time sensitive process where minutes can result in organ failure and unnecessary death. The blockchain framework they proposed for this use case contains 5 data sets, with 5 participants on each case. The drone will be able to communicate the status of the organ through sensors in the box, giving hospitals accurate information about the status of the delivery.
Amit Ganjoo, Founder and CEO of ANRA Technologies said: “In case of a package delivery operation, a blockchain-based repository could log information about the operations such as time, location, resources, delivery date, etc., and make the data accessible to authenticated users, and any other stakeholders along a package’s route.”
The U.S. DOT provided this graphic in their document:
Photo by Volpe National Transportation Systems Center
While most of the participants in this case study share a positive outlook and general acceptance that blockchain must be included for this to work as intended, others came out with the concerns about potentially increasing the amount of drones making deliveries.
According to Hy Chantz, Associate Partner for Blockchain Solutions at IBM, massive drone fleets can create a significant security risks. He said: “Drones can fly over people and property and interfere with the operation of full-size aircraft. They could conceivably carry weapons or dangerous materials to critical locations. At a minimum, drones could take pictures, possibly committing privacy violations. There is also some concern that drones could aid in IT hacking by bringing sensors or disruptive electronics near a possible target.”
However, everybody else is looking at the positive facts from the past, especially towards the first organ drone delivery, which was completed in a record 5 minutes and the successful implementation of drones for bridge inspection.
All in all, organ drone deliveries work for shorter distances and this project can severely increase the speed at which these rare and critical elements of healthcare are delivered. Even in scenarios where the destination is a few hours away by plane, these types of drones can significantly increase successful organ deliveries. From the supplying hospital to the airport, onto a plane to the new destination, and directly on a drone to the receiving hospital.
The graph below describes how the U.S. DOT imagines the process of organ delivery through this system.
Photo by Volpe National Transportation Systems Center
Another industry that will benefit from blockchain developments in the Organ Delivery industry is retail, with giants Walmart and Amazon already working on their own drone delivery fleets.
Walmart has been talking and working towards creating a blockchain-based drone fleet since 2017. Amazon Prime Air is another drone delivery service currently in development in the retail sector, however there is no mention of blockchain being used. Amazon however, has been participating in a research project with IBM that use blockchain systems to prevent drones from stealing packages.
In theory, if this project goes live, retail companies can join in on the blockchain to share data with air traffic controllers. Naturally, organ deliveries are far more important than anything else you can purchase, so we are curious to see in what capacity retail drone fleets will be implemented.
For now, we are not sure if there will be a single Air Traffic blockchain that drones will be required to communicate with, or there will be a separate system for each use case.
Photo credits:

MinerGate DSP Portal. Essential elements of decreasing the cost of developing DApp — Official MinerGate Blog

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MinerGate DSP Portal. Essential elements of decreasing the cost of developing DApp — Official MinerGate Blog



by
MinerGate Mining Pool

June, 14, 2019
For just a year, the EOS system has proved itself to be worthy of being a next-generation blockchain project with industry-leading scalability and transaction speed. Its philosophy and solutions are giving new opportunities to blockchain developers. Lots of dApps – a crucial part of the system – are now built on EOS. The number has been growing with time; according to DappRadar, 18% of dApps are built on EOS, yet obstacles to implementation still remain. There are two known reasons why the potential of this scalable and efficient blockchain system cannot be fully reached by developers and BPs running nodes. To operate on the EOS blockchain, dApp developers need RAM resources which are not cheap. According to bloks.io, it’s more than 108 EOS (694$)/1 MB as of June 13th, 2019. RAM usage is also capped by supply, which is currently 90GB approx. It is anticipated to increase to 128GB in December of this year, but still, it severely limits the capability of developers to refine a ‘killer app’ that will be able to engage a mainstream audience. Considering these points, LiquidApps introduced the DAPP Network, a set of technical solutions that makes developing on blockchains essentially easier & more affordable. DAPP Network is a system that unites developers, service providers, and users all in one, and DSPs are the driving force of it. Recently MinerGate has become a dApp service provider on the DAPP Network, in order to help developers build scalable dApps with lower costs and no storage limitations. The newly released DSP Portal by MinerGate with intuitive design is serving solutions that will simplify the searching, choosing, and connecting process to the appropriate DSP package. The efficiency of DSP Portal has become possible due to the data provided by Milleneos, a platform that offers trustworthy APIs for blockchain developers. The solutions presented by the Milleneos team allows for keeping track of blocks and transactions in real-time, as well as providing historical data. The team is introducing standard APIs, but they also provide custom ones, for example, DSP APIs.   Lastly, it is exciting to see such projects coming out with great solutions for the good of decentralized development that was previously unimaginable. The resolutions of this scale will be able to pave the way for a new inconceivable level of dApps that will break through the limitations and become a crucial part of mass adoption.

Lead-up to BTC halving excites investors, brief mempool overload, exchanges barely holding on

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Lead-up to BTC halving excites investors, brief mempool overload, exchanges barely holding on

BTC saw an unusual spike in activity yesterday, April 29th. In the past, 24 hours Bitcoin has risen up by 18.66%, the mempool was briefly overloaded, and some exchanges were barely keeping up with the activity. 
Let’s start with the price.
But before that, I just want to let you know that this is not financial advice, I’m not even a professional trader. I’m just a guy that’s invested 3+ years of his life writing about crypto and blockchain tech.
If you ask Billy, yes, suddenly after all of the “blows to Bitcoin” the time for Bitcoin is nigh. Forbes is saying yes it’s going to $10k, Coinbase’s Daniel Cawrey says it’s FOMO time. I mean, it’s crazy, but this is what the news should look like if you ask Forbes.
We also say that it looks like BTC is going to break $10,000. But we also don’t have any expert traders on staff. But in the spirit of trying out new things, we visited Kraken and tried to see how much support is available on the bid and ask sides of BTC.
Keep in mind that these values constantly change, so they may not be accurate at the time you are reading this.
But from the looks of it, there is a lot of resistance (at least on the Kraken exchange) starting at the following price ranges.
And support on the other side on price levels of:
Depending on how strong the push will be, the price can go either way. There is enough room for it to fall and it’s unknown whether investors will be willing to push through 873 BTC worth of resistance to get to $10k. The resistance seems to be growing though.
Today will be a critical day that will decide where BTC will end up. I would be inclined to say that it will fall down, but that may also be to my bias and desire to buy it at a discount, having missed my opportunity.
It’s hard to see on the image, but that’s 50k unconfirmed transactionsOnce the BTC engine had some steam, more and more investors started piling into the market. This caused significant strain on the Mempool, at one point generating a 50k bitcoin transaction backlog. This image above represents the highest peak of activity in the past 30 days.
During the worst of it, Exchange servers across the board were struggling to deal with the demand. Coinbase, Blockchain, and Kraken all reported issues, with Coinbase suffering temporary outage, according to Coindesk.
Yesterday was Coinbase’s one of rare days where their exchange broke down from upward pressure. Most of the other times when this exchange has had trouble keeping up (even though they are the largest US-based crypto exchange) was when BTC was shedding massive amounts of value in a short period of time.
These issues were created by Bitcoin gaining a massive amount of value in a short time.
For us, it’s unclear whether the rise in value is in a direct correlation between influx of cash through the stimulus check and increased interest in investing in BTC, or simply a  masterful manipulation by whales who want to dump the price.
Where is Bitcoin going to go? What is going to happen to the price?
Let us know what you think in the comments!

Welcome MinerGate xFast 1.5 — Official MinerGate Blog

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Welcome MinerGate xFast 1.5 — Official MinerGate Blog



by
MinerGate Mining Pool

June, 24, 2019
Dear miners, The MinerGate team is working hard to bring you the best mining solutions and user-friendly services. Making MinerGate a multifunctional platform will allow our new users to understand all mining processes faster and benefit from the cutting edge technologies available for our seasoned miners. MinerGate xFast miner is a highly efficient and easily operated mining software that provides users with the highest hashrate compared to other mining equipment. It already is front line technology, but we decided to make it even better. The updates of xFast are the next level of mining implemented to provide the best mining experience and future mass adoption. This version introduces the following features: The Windows versions (NVIDIA + AMD/CPU) of GUI miner, as well as CLI, will be merged into one. That will make working with MinerGate more convenient for new users; NVIDIA card bugs are fixed, therefore nothing will keep users from  effective mining; Push notifications for GUI miner users. Such notifications will inform miners about updates and product changes. Thus we will make information about MinerGate developments more inclusive and approachable. The main goal of MinerGate team is to provide users with the best mining products possible. We are sure that the updated version of 1.5 xFast Miner is a significant impact in the future of crypto mining.

Kraken makes exchange better for U.K. traders and BCH community

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Kraken makes exchange better for U.K. traders and BCH community

Photo by Philip Veater
Kraken added support for 11 new trade pairs on their cryptocurrency exchange on the 30th of April, according to a press release published by the exchange.
This new update increases the total crypto trading pairs to about 155, bringing Kraken closer to becoming a centerpiece in the crypto economy.
What are the new trading pairs?
The newly added pairs are based on GBP, BCH, and USDT, allowing traders to instantly exchange currencies in a single that previously required two trades, such as trading BCH for ETH.
In addition to the increased flexibility, even more cryptocurrencies can now be traded directly for British pound sterling.
Ether Pairs
Pound Sterling Pairs
Tether Pairs
BCH/USDT
LTC/USDT
XRP/USDT
USDT/JPY
USDT/CHF
Photo by KrakenIn March, Kraken announced the introduction of FX trading pairs, allowing users to trade a variety of different fiat currencies directly. This makes it the first (as far as we are aware) real crypto exchange that has enabled trading for traditional currencies.
The reasoning behind this feature is to make things easier for individual and institutional traders to avoid friction when creating their orders. You can read more about this update here.
And lastly, last month, the exchange acquired one of the most acclaimed crypto lawyers Marco Santori, who officially joined their team on the 6th of April. Having Mr. Santori join their team instead of continuing his contract with Blockchain.com is a victory against their competitors.
Kraken is definitely on a “war” path this year, with feature release after feature release , small victory after another, generating a great deal of momentum for the crypto exchange.
The exchange seems to be gearing up for a global expansion, however time will only tell whether this is really the case. The updates about the exchange suggest a strong move in the upcoming months, one that is possibly being delayed by COVID-19
We are quite curious to know which crypto exchanges are being used by our community. We are working on improving our content, publishing times, and our connection with our readers. If you have some time, please go below and write a short comment about your favorite crypto exchange.

Interview with the chat moderator — Official MinerGate Blog

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Interview with the chat moderator — Official MinerGate Blog



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MinerGate Mining Pool

June, 26, 2019
Recently, we released our very own loyalty token – the MinerGate Token.  It’s the token that we believe will empower all parts of the MinerGate ecosystem and positively engage the community in the project’s life.  A few tokens have already been delivered to the most active users as gratitude for their contribution. As well, there have been a lot of questions regarding ‘How can one obtain more/additional tokens?’. Of course more is coming, but currently, there are two ways: Trade and exchange them on HitBTC, EOSDAQ, BTEX, and DEXEOS;  Become a voice of MinerGate, e.g., become a contributor.  The value added by each user is significant, whether it is feedback on social platforms or engagement of new users. But what is appreciated the most is the contribution to consistently making our services better, more prominent, and more welcoming.   To set an example, we reached out to one of our contributors: a moderator of a chat room on our website – @NMR, who implemented an informative bot in our chat rooms, and asked him to share his experience and provide some inspiration for those who would like to engage more in the MinerGate ecosystem. Below is the interview with our faithful moderator:   Q: How long have you been using MinerGate? What do you like most about it? A: I started mining with MinerGate a long time ago when cryptocurrencies weren’t so widespread. What I like most about MinerGate is how easy it is to start mining: everything is simple and clear.   Q: What, in your opinion, should be changed or developed in MinerGate? A: To make MinerGate more convenient, I would introduce account statistics. These statistics would show such info as how many workers are online and how many are offline at the moment, and how many coins are earned per day.    Q: How did you become a moderator in the MinerGate community? What are your responsibilities and privileges? A: I became a moderator because I was an active user and helped other people from the community solve their problems and answered their questions. Being a moderator does not give me any privileges, but it helps me resolve conflicts and inadequate situations.   Q: How did you come up with the idea of introducing a chatbot? What is the main advantage of using a chatbot?  A: When I analyzed new MinerGate users’ questions, I realized that they are all pretty much the same. So in advance, I prepared answers to these questions that will help in such situations. That is how I came up with this idea. The main advantage of a chatbot is that it can help a user at any time of the day. It would never replace live communication between real people, but it can be an excellent assistant to moderators.   Q: What is the main feature of the MinerGate community? As a moderator, how you can influence the community and MinerGate itself? A: For me, it was essential to find not just a pool where I can mine a coin I like, but also a reliable and stable service. If it happens that there’s an issue with MinerGate, the team is always ready to solve it quickly. The other thing I like in MinerGate is the web chat because it improves user coordination on the website.    Q: Recently, you received MG tokens for launching a chatbot as a thank-you for your contribution. Do you already have any plans about how you are going to use them?  A: MG tokens have only existed for a short time, so all I’m going to do is hold.   Q: What do you enjoy besides mining? What is your hobby? A: In my free time, I study new technologies and enhance my programming skills.   Q: What advice would you give to other miners? A: A lot of miners don’t want to get into the details of mining because they think it’s complicated. Thus, they lose their interest. I believe that before starting to mine, it’s better to understand the mining process. Then, you will be ready for all the risks and will be able to make profits.    Once more, we’d like to thank @NMR for taking time to be interviewed and for being such a fantastic part of the MinerGate community.  In conclusion, you can always visit our chat room if you have questions or are curious about things related to mining and the software itself. There, you’ll find like-minded people ready to help and friendly support. 

Top 3 Bitcoin mining news stories today

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Top 3 Bitcoin mining news stories today

Image by 3D Animation Production Company from Pixabay
We don’t often break news, as compared to the rest of the news community we are a small website. However, we do our best to provide you with the latest news, regardless of where the information comes from. We believe in giving credit where it’s due, so without further delay, here are the top 3 news stories about Bitcoin mining in the past week.
It seems that Bitcoin miners were celebrating the international workers’ day with extra effort on part of the miners. In this lucky coincidence, Bitcoin miners managed to complete sixteen Bitcoin blocks in one hour, according to Coindesk and their source Blockstream.
The onset of this industrious hour was noticed by Twitter user @Kexkey, where he spotted four blocks being completed in one minute. This trend would continue untill the end of the hour, eventually reaching 16 blocks out of 6 expected.
15:02 was a lucky minute! pic.twitter.com/xpw8GAS0pT
— Kexkey (@Kexkey) May 1, 2020
If you are in the mood for listening, there is a great episode about Bitcoin mining and mining pools that consists of a conversation between Christine Kim, research analyst at CoinDesk and Thomas Heller, F2pool’s global business director.
Antonio Madeira, a writer for the platform, tries to make sense of the market through the lens of mining and has the data to analyze, courtesy of CryptoQuant. In short, he represents both sides of the crypto market, those that believe in supply and demand, and those that believe crypto has value purely based on speculation.
This article won’t make it easier to know what to do if you are looking to trade, but it will help make sense of the situation ahead.
If you found any story about Bitcoin mining, that you think should have been included in this list. Leave a comment with the link below to share with the rest of the community.
EDIT: Thanks to the community for reaching out to me on Twitter, we found this story as well.
Bitcoin OGs reveal their original Bitcoin mining rigs – Decrypt