Bitcoin Buzzer News

The Asian country, Korea, developed a self-evolving cryptocurrency which will govern systems that are decentralized. The meaning of this is that BOScoin will utilize block chain and advanced technologies way of solving the underlying problem in systems that are decentralized. Set to begin operations on April 17, 2017, BOScoin will function through these two ways:

1. Trust contracts:
The dawn of the internet era positively impacted everything and everyone, but it also came with the increase in cyber crimes. BOScoin has been able to come up with a new approach to dealing with this problem using its predefined programs known as trust contracts. Trust contracts were developed by carefully selected languages such as Web Ontology Language (OWL) and Timed Automata Language (TAL). Its purpose with this nature of languages is aimed at creating a general purpose language on the block chain to give access to an individual who wants to modify, upload or execute contracts. These well-known languages also verify mathematically that trust contracts are transparent in nature. Therefore, when the decentralized systems break or make a mistake then BOScoin will be there to ensure security for smart contracts on the block chain as it is.

2. The Congress Network:
This refers to the governance body that makes all the decision in the house. When all or some of the decentralized systems break, chances of baseless decisions being made are very high. The congress network has all node operators that help the decentralized system continuously change according to change in the ecosystem. Therefore decisions will be well calculated, and risk analysis was done.

BOScoin has the following features

1. It has two languages which are very powerful when it comes to developing Trust Contracts. They are OWL and TAL. Another language is SDLang.
2. It has a Democratic Congress where one node is equal to one vote. Therefore, decisions are made by node owners who can either accept or deny a proposal brought up. Therefore, the process of making a decision is democratic therefore giving room for sustainability and growth of BOScoin.
3. When it comes to the consensus algorithm, BOScoin utilizes modified FBA (Federated Byzantine Agreement) to be able to do the following:
• Give room for anyone who wants to participate in the decision-making process by eliminating any authority dictates
• Use the most minimum time possible to be able to reach consensus at timescales
• Making everything transparent such that the user will be able to interact with parties, trust each other and form partnerships.
• Provides asymptotic security where to protect against cybercrimes
• Ensure that the protocol is followed during governance
4. The target transaction speed is 1000tx/sec.
5. The block size is dynamic Conclusion BOScoin primary goal is to bring civilization to all corners of the world. It believes in the rights of every individual and proper governance for a human. Being cautious in the decentralized system is what BOScoin tends to figure out and replaced it with the calmness that created the excellent governance. BOScoin, therefore, strives to curb the cyber security menace when dealing digital assets or money kept in offshore accounts.

A scaling solution originally developed for the bitcoin blockchain may soon get its first trial run on litecoin.

The percentage of the litecoin network signaling to enact the Segregated Witness (SegWit) upgrade reached record highs today according to Litecoinblockhalf.com, climbing to 58.33% of nodes and miners operating the software.

The figures mark a notable jump from last week when only around 25% of devices keeping track of the network's history were signaling for activation. Much of the increase comes from large mining pool F2Pool's decision to signal.

According to Litecoinpool.org, F2Pool currently produces over one-third of the hashing power behind the litecoin network.

While the figure marks an impressive uptick, SegWit still requires 75% of the network agree to adopt the proposal, a figure that is 20% below bitcoin's required 95% threshhold. Because of this differential, many view litecoin as a potential "sandbox" for discovering potential bugs and vulnerabilities possibly hidden in the nascent software.

Originally proposed in December 2015, SegWit sought to boost the bitcoin blockchain's transaction capacity by cleverly altering how data was stored by the network. Still, it has become mired in controversy, as a small group of vocal bitcoin users have pushed for alternative solutions.

A February 2018 trial date has been set for a civil trial pitting the SEC against infamous cryptocurrency entrepreneur Homero "Josh" Garza, founder of controversial companies including GAW Miners and ZenMiner.

The update is the latest in a case that stems back to 2015, when the SEC alleges that Garza and GAW operated a Ponzi scheme in which investors were sold fraudulent "cloud mining contracts" with the promise of receiving profit distributions.

Thus far, Garza has refused to answer questions regarding the allegations, preferring to exercise his Fifth Amendment right to non-incrimination. The court has given Garza and his counsel Marjorie Peerce until 7th May to file any motions regarding the direction of the case.

Likewise, the SEC has until 7th August to gather evidence supporting the claims filed against Garza and his companies.

The SEC is now seeking a cease to all cryptocurrency related activities by Garza and his companies, as well as to disgorge profits from the scheme. Both the SEC and Garza will each provide up to 10 depositions for the case, including expert witness testimony regarding the actions of GAW Miners and ZenMiner.

At this point, there is still the possibility that Garza and his attorneys could decide to settle with the SEC outside of US District Court.

Notably, Garza is also a defendant in a separate civil lawsuit brought upon by disgruntled investors but he was recently dismissed, according to documents filed in District Court.

That suit claims Garza and co-defendant, Cantor Fitzgerald investment banker Stuart Fraser bilked investors out of nearly $10m through the cloud mining contract scheme.

A judge has denied a motion by Fraser to dismiss the suit.

TaaS or "Token as a Service" is the first ever tokenized closed-end fund (CEF) that enables its investors to profit from the rise of blockchain businesses.
TaaS was designed to conquer the chances and technical difficulties of investing in the blockchain markets. It was built on a smart contract of profit-sharing relationship; TaaS introduces an innovative Token-as-a-Service business design, enabling investors to subscribe to the income stream of the fund.

In addition to that, TaaS also developed an innovative Cryptographic Audit technology in order to become the first and truly transparent fund committed to crypto currencies as well as tokens.
With the use and employing of the Ethereum blockchain as well as TaaS' very own Cryptographic Audit technology, the firm was co-founded by the well-known Blockchain protagonists namely Konstantin Pysarenko, Dmytro Chupryna, Ruslan Gavrilyuk, and Maksym Muratov.

They are all together working as a team along with other representatives from different places of the world. They have people from the United States of America, China, South Africa Poland, and Ukraine. TaaS have offices in Kiev as well as in San Francisco, which intend to offer a different way to participate in and profit from capital fund management, rising, and crypto currency investing. The use of the ICO funds accumulated will be audited and reviewed by no channel of independent accounting companies and business advisors.

TaaS Cryptographic Audit
The Cryptographic Audit (CA) of TaaS is a set of independent auditing techniques that traces, records and timestamps buying and selling activity. This system of technology was built originally by TaaS to make sure that all profits are properly viewed and recorded, the money movement is transparent, and the business is in possession of all certified funds from investors. It is also said that CA enables any member of the firm to validate all trading history as well as portfolio history.

The TaaS CA founders said that the design is intended to simplify due diligence of investors and provide accessories for maximum transparency. In order to achieve the CA, a certain number of processes will be launched, and those are the following list.

Proof of Reserves
The choice will be given to working exchanges that will show implemented Proof of Solvency; cold storehouse reserves are prepared to be audited such with Kraken and Poloniex.

Accounts on Auditable Exchange
be provided is where each account is used for negotiating on exchanges that will have an API key that is view-only and permits everyone to check as well as verify the trade history of the account and balance.

Proof of Reserves for all the Non-Exchange Accounts
A cold storage that will be used for the funds of the firm is an example of a non-exchange account. According to TaaS, a proof of ownership should be provided here.

Fiat Accounts' Proof of Reserves
Using the TLSNotary or any similar solution is necessary in order to produce a cryptographic proof of command currency in the bank or in exchange accounts.

Regular Blockchain Snapshots
To achieve having a proof that no one overlooks data between the audits, a unique smart contract will be formed to retain the daily blockchain snapshots of audit data.

More information on http://www.taas.fund to retain the daily blockchain snapshots of audit data.

To begin with, Lunyr is a decentralized crowd sourced encyclopedia which has an Ethereum base and it rewards its users with tokens of apps that can be useful in contributing information and also peer reviewing. Lunyr is a next generation online encyclopedia which has an aim of being the starting point of the internet for finding accurate, reliable and useful information. Basically, Lunyr will just build upon the Wikipedia philosophy and then it will develop knowledge which will be next generation based on the block chain of Ethereum.

In other terms, Lunyr can simply be a knowledge layer of Ethereum which is driven by economic incentives and consensus in order to create or develop next generation applications that are decentralized. The long term vision that Lunyr has is to create an API which is knowledge based of which the developers can use to develop the next generation applications which will be decentralized in Virtual Reality, Augmented Reality and also Artificial Intelligence.

The decentralized applications through the Lunyr API will have the capability to grab accurate and precise data on events happening in the real world by tapping into the knowledge base. In life we require information which is something very crucial and currently the most valuable reference site for information is Wikipedia which is used by a lot of people in the world. A lot of articles on Wikipedia can be easily edited by somebody who has an internet connection and in the process one can easily manipulate the Wikipedia website and put false information although some of the errors can be rectified.

Lunyr will create a next generation knowledge base which will be able to solve the issue of inaccurate information and will push the boundaries of crowd sourced knowledge by using Ethereum. Ethereum will enable the creation of application tokens which will be used in a system that is incentive based in order to replace the intermediaries and the tokens will play a vital role in the provision of incentives. Apart from that, all the content submissions will go through a compulsory peer review process and will not be subjected to the knowledge base until they are validated for accuracy, reliability and also efficiency. An incentive system that is powerful which is enabled by application tokens will ensure that the peer reviewers perform best according to the ecosystem interests. This will result to information which is highly reliable and also accurate and there will also be rewards for the contributors and reliable information which will be useful for creating next generation decentralized applications.

Not to forget, the system of providing incentives for reviewing content and contribution by the users is a very nice method in having a hub that has decentralized information which is accurate and reliable and in the process facts that are irrelevant can be discarded with very bad reviews and only real and relevant content will go through by rewarding the good reviews and also good content. Lunyr will also have a site that contains paid advertising spots with the Lunyr tokens which will provide coin appreciation and also a natural buying pressure for actual use.

The Lunyr tokens will basically be used to advertise on the platform and the advertisements will be based on texts. On the other hand, the Ads will create a powerful demand for Lunyr tokens from the people with financial resources. They will provide that economic force which in turn drives network effect as many readers and the contributors will be joining the ecosystem which is very crucial. Lunyr will also implement machine learning mechanisms in order to identify familiar topics for the contributors and by using the contributors as the reviewers, then they will be able to support the entire system because they will be responsible for reviewing content which is submitted by other contributors.

Types of Lunyr tokens:

• Contribution tokens. (CBN)
These will be used as a basis for calculation in order to identify the quantity of Lunyr tokens that will be given to a participant and will be consumed after the Lunyr tokens have been distributed which will be after a two weeks period.

• Honor tokens.(HNR)
These tokens will be used for voting and proposing on the native resolution system for disputes and it will be consumed after it's used.

• Lunyr tokens. (LUN)
These ones will be used to buy advertising posts on the Lunyr network and the contributors will be awarded Lunyr tokens in a period of two weeks.

Therefore, in short the Lunyr platform will basically be designed to align the rational behavior of network participants in order to be beneficial to the entire system. Also, the implementation degree will be in relation to the quantity of the ICO funds and in the case of a minimal amount of crowd funding, Lunyr will come up with basic functions and additional features will be developed in cases like that of maximal cap.

Lunyr Crowdsale Information

Market

A strategic component of the Lunyr platform is its advertising system, which allows for the purchase of advertising on the platform using Lunyr tokens ("LUN"). Although the Lunyr platform is unique in its design, decentralization, and vision, it can be compared to Wikipedia.

Wikipedia today ranks as the sixth most visited site in the world according to Alexa rankings. It attracts 470 million unique visitors who view over 19 billion pages per month. Estimating the amount of advertising revenue Wikipedia could generate if it allowed advertising on its pages provides clues to the potential demand for LUN:

In 2006, Jason Calcanis, the cofounder of Weblogs, Inc, which was acquired by AOL, published an article about Wikipedia estimating an annual advertising revenue potential of $100MM.
In 2008, BusinessInsider.com performed an analysis of Wikipedia and arrived at an annual advertising revenue potential of $350MM.
In 2011, Vincent Juhel published a thesis about Wikipedia for HEC Paris, and arrived at an annual advertising revenue potential of $1.6 billion dollars.

Vision

We will initially focus on fine-tuning the system to improve accuracy, increase content, and grow readership. Once the knowledge base matures, we will attract a wider audience by encouraging contributions of near real-time data on world events and translations in multiple languages. Ultimately, Lunyr intends to establish its brand globally as a reliable, accurate decentralized knowledge base.

Taking it a step further, we will grow the ecosystem by developing an API that will attract developers. This Lunyr API will allow developers to use the knowledge base as a backbone for creating next generation decentralized applications in Artificial Intelligence, Virtual Reality, Augmented Reality, and more.

Lunyr API
The Lunyr API holds promise for significantly changing existing business models and creating new ones. The Ethereum blockchain currently has no knowledge of the real world, yet most useful applications require real world information. Through the Lunyr API, decentralized applications will be able to tap into the knowledge base and grab accurate data on real world events and information. This leads to immediate benefits for Artificial Intelligence, Virtual Reality and Augmented Reality applications.

Artificial Intelligence
Artificial Intelligence projects similar to Siri or Amazon Echo are enhanced with the Lunyr API. When users ask fact-based questions, the decentralized application can dig through the Lunyr knowledge base and provide users with reliable, accurate answers.

Virtual Reality
The Lunyr API will enhance the intimate and visceral experience of interactive virtual worlds. Imagine putting on a virtual reality headset that lets you experience walking on the surface of Mars. As you walk along the cold, red-dusted ground, information about key landmarks and giant dust storms appear. All of this information is drawn from the knowledge base.

Augmented Reality
The Lunyr API can be the foundation for learning-based applications in Augmented Reality. Imagine you are at the beach on a sunny day and you see beautiful flowers by the seashore. You want to know what they are so you put on augmented reality glasses, which will identify the flowers, tap into the knowledge base, and give you all the information you need to satisfy your curiosity.

Crowdsale Summary

Initial LUN Supply Distribution

Funding Usage Breakdown

Cryptoforecast is an application based on an algorithm called PILLAR It developed for traders and developers, is able to forecast the future movement of BTC or other cryptourrencies.The task of Cryptoforecast is to offer tools that help expert trader and retail merchants that independently selling and buying bitcoin. This procedure without Cryptoforecast is always possible, but it becomes extremely tough and can often induce the Trader, because of character traits, feelings and fears, mistakes that an algorithm cannot have. This application is truly innovative.

The Pillar software is tools that have been tested and proved able to give signals trend and interpreted to lead excellent result to predict the trend in market. The software is easy to use, but it has very powerful in same time the software is able to calculate certain period that each investor need. It can elaborate the any data and reports and analyze result in easy reading prediction. By clicking "History" then there will be option to choose years that use for calculate the forecast order. This is very helpful tools for those who use bitcoin project exchange.

Cryptoforecast is better than other software's because it designs to consider emergency requirement of young audience that looking for new exchange and economy approach that user friendly, and then there are many tools in Cryptoforecast that created for fulfill this demand.

On the other side no doubt It provide excellent information regarding pattern on the basis of past data but how can we forget other factors that impact on investors even it is not consider qualitative data it just work on quantitative data Further it is not considered natural disastrous etc.

Conclusion

Although nobody can really forecast the future of the market, Cryptoforecast can give good precise indications about future movements giving a fundamental support for all the decisions that a trader has to take, doesn't matter how important are the operations he does.