0xBTC is a new coin (two months old) and is a front runner. The creator of 0xBTC created the standard for mineable tokens on the Ethereum network. The creator also made the contract that mints 0xBTC impossible to modify. It’s truly a decentralized means of monetary exchange, the first token in the Ethereum network to do so. With every upgrade ETH gets, 0xBTC benefits from as well. The algorithm to mine 0xBTC is ASIC resistant. 51% attacks are impossible with this token. It’s entirely reliant on the security of the ETH network. The smart contract mints the tokens to users based on work done through PoW. There was no ICO, no premine, no devfee, 0xBTC is the first purely, truly PoW distributed ERC20 token. The contract that dispenses 0xBTC will only mint 21,000,000 tokens, the same supply as BTC. The current price is $0.50 and in my opinion this won’t last long. If you’re looking for some profitable or speculation mining, look no further than 0xBTC! Even if you just want to buy and hodl
The controversial cryptocurrency exchange platform, Bitconnect, which has been flagged by several news sources as a ponzi scheme, has been taken down. Users are unable to cash in on the local BCC tokens, resulting in huge losses for investors. The cryptocurrency market crashed after reports that the Chinese authorities are cracking down on cryptocurrency exchanges and mining. This sparked the huge sell off in the BCC token, which dropped from as high as $400 to just $7, as shown by coinmarketcap.com . One investor claimed in a Reddit post to have lost over $400,000 after the platform went under. Whether it was an unfortunate coincidence of regulatory scrutiny, bad press and a market sell-off that caused bitconnects demise or in fact they were really a Ponzi scheme, it has hit some investors hard, losing large sums of their investments. However, this shouldn’t put you off investing in cryptocurrencies, see out recommended exchanges . We look at how bitconnect went under in the infog
PLEASE READ ORIGINAL TEXT HERE On Nov 27th and 28th, the first ever VeChain Foundation Steering Committee meeting was held in Singapore. Over the course of this meeting, we have accomplished a lot. We are pleased to say that we have finalized members for our VeChain Foundation Steering Committee; we have revolutionized our blockchain foundation governance system; we have discussed the evolution of the our blockchain design and functionalities and an exponentially upgraded economic model for all of our stakeholders. In celebration of the VeChain Foundation evolution, we have initiated a rebranding effort, or rather an escalation of our brand, which we will have finalized within a month and a half. More will be presented below. VeChain believes that a well governed foundation is the key to longevity, growth and stability. Making an actionable governance system, that matches the identity we envision for our product, is the base in which we built on for our apotheosis. As such, the gov
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