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Sep 18
MasterBlock

MasterBlock, a Swiss Luxury Enigma Crypto Watch

By Lifestyle No Comments

Blockchain has brought advancement in quality of the products. It has also made things more interesting. Moreover, blockchain products are creating a new market of items that provide exclusive fun.  Everyone recognizes Swiss watches as high quality products. However, this is the first time that we see a watch of this kind. Presenting MasterBlock, a Swiss luxury enigma crypto watch.

The Visual Impression of MasterBlock

Gvchiani and Cryptolex are the companies behind the development of MasterBlock, while the accolades for the design go to Shant Ghouchian. MasterBlock is a limited edition wristwatch. It honors Bitcoin and its technology – blockchain.

MasterBlock is in a shape of a block. The material is titanium. The upper crystal outlines X, relating to the monetary code of Bitcoin. The leather strap symbolizes blockchain, as per manufacturer’s explanation.

MasterBlock is water-resistant to the depth of 30 meters. It contains a mechanic self-winding caliber with a 48-hour reserve. Furthermore, this watch displays date and time with high precision. Namely, official statement says that it is “delivering accuracy within a margin of five seconds per day.” One of the reasons for such a high precision is the fact it features 25 jewels. Jewels being the small sapphires or rubies located on the movement that reduce friction and act as bearings for gears in a mechanical watch.

The MasterBlock Crypto Wallet

MasterBlock watch features unique blockchain address which is inscribed on the dial. Therefore, it is visible through the crystal. However, it is hardly readable, as it is in the form of QR codes. On the other hand, this enables the person who wears it to use the wristwatch as a titanium wallet, if necessary. It supports Ether, Bitcoin and Dash.

The MasterBlock Price and Exclusivity

MasterBlock wristwatch has a price of 16,500 Swiss francs which is app. $16,646. Nonetheless, the first two produced, “Genesis” and “Satoshi” are going to be put to an auction. The first of the MasterBlock watches was manufactured in Geneva in 2015. It has since passed a long way, earning the blockchain certification in March 2018.

The manufacturer announced that the company would produce only 2,010 pieces.  If you are an interested buyer, make sure to reserve your piece on time, as it takes six months from the time of reservation to the time of delivery.

The Big Secret

One of the two unique features of MasterBlock is that its blockchain traces the records of the manufacturing of each piece. That way, this watch comes with a history of its own. Above all, all owners of MasterBlock watches are connected to the owner of the previous piece, making a sort of a unique circle.

Ultimately, the most interesting fact about this watch is the cryptographic enigma. Each piece holds a part of the secret. The manufacturer says that at least 51% of MasterBlock holders need to meet in order to solve it. The thing is that each watch hides a certain unique clue. In order to uncover the mystery, all owners would need to put the clues together.

Would you like to be in the club of these watch owners?

 

Sep 17
Bitcoin Cash wallet

HTC Smart Phone and Bitcoin Cash Wallet

By News & more No Comments

If you are using HTC smartphone, Bitcoin Cash will soon be within reach. The HTC company has reportedly teamed up with Bitcoin.com in a long-term partnership. Reportedly, the HTC Exodus 1 will come equipped with a built-in wallet support for Bitcoin Cash.

The BCH Wallet

The thing that makes this project so interesting is the incredible ease in using it. Namely, the users of HTC who have already bought the smartphone would just need to update the software. This would enable their phones to access the Bitcoin.com wallet. There is no need to download it from an App store.

The others would simply be able to buy the HTC device with a Bitcoin Cash Wallet already installed. Alternatively, in case you are using any other phone the BCH wallet is able for download. The Bitcoin.com wallet is one of the most frequently use. It supports both BCT and BTC and enables you to switch between them with easily.

What Is Bitcoin Cash? 

Bitcoin (BTC) has already taken the world by storm. So, the question is where does BCH fit in. We all know that Bitcoin is a digital currency powered by a decentralized peer-to-peer network. It records all transactions on a public ledger, which we call blockchain. Bitcoin (BTC) has a limited supply of 21 million units, making it able to resist inflation. Above all, Bitcoin provides for fast, low-cost transactions.

On the other hand, Bitcoin Cash (BCH) appeared as a fork-product of Bitcoin. Reportedly, being an open source, BTC allowed for too many users to contribute causing the limited size of 1MB blocks in the blockchain to become full. In 2017, the developers of Bitcoin-ABC initiated a fork of the Bitcoin blockchain and increased the block size to 8MB. And so, the Bitcoin Cash came into existence. In the meantime, the block size of BCH has been upgraded to 32MB.

Where does HTC fit in?

Analysts and media have been commenting on HTC ’s low performance on the market. Allegedly, HTC held only 1% market share in 2018. Until they introduced cryptos. The situation seems to be changing steadily. Namely, HTC obviously decided to engage in the crypto world, which made them significant again.

HTC devices are now crypto-friendly. They include in-wallet ERC-20 token swaps on the Exodus 1 phone, for example. They announced Exodus 1S to contain Bitcoin (BTC) full node capabilities. Furthermore, HTC partnered with some of the blockchain developing companies, as this is the basis or every crypto-related business.

HTC is Not the Only One

Apart from Samsung which leads in this respect, there are several other smartphone companies that entered this race. For instance, LG is reportedly working on the development of a blockchain smartphone.

Would you use this type of a phone?

Sep 13
Litecoin the fastest crypto

Litecoin, the Fastest Crypto and Its New Addition

By News & more 2 Comments

Litecoin, the fastest crypto and its native wallet LoafWallet have a new addition. Namely, The Litecoin Foundation has teamed up with Bibox and Ternio on a new project named LitecoinBlockCard. The new debit card will be integrated with the Litecoin’s LoafWallet.

Litecoin’s LoafWallet

As a quick reminder, Litecoin is one of the fastest cryptos in the market. It has faster confirmation times than other crypto currencies. Therefore, Litecoin provides for instant transactions with low to zero costs.

LoafWallet is the most popular standalone IOS and Android Litecoin wallet. It is safer than web wallets. LoafWallet enables a user to store funds on any device by simply downloading the App. Litecoin Foundation presented it as a responsive and powerful performing wallet that connects directly to the Litecoin network using simple payment verification.

LoafWallet enables a user to access the funds anytime, anywhere. It is considered to be safe, especially because it doesn’t have a server that can be hacked or go offline.

Debit Card Announcement

When commenting on the future launch of the Debit Card integrated with LoafWallet, Charlie Lee, Litecoin Foundation Managing Director, has reportedly stated:

“This is an exciting partnership for us as it furthers the Litecoin Foundation’s mission to create more use cases for spending Litecoin in everyday life.”

The launch date has not been announced yet. Nevertheless, there are indications that the special edition debit card will first be released in the US.

Debit Card Overview

Introducing Debit Card will enable users to spend from the card using NFC within LoafWallet. This is similar to the Apple pay. On the other hand, we are yet to see whether the users would be able to fund the card through LoafWallet.

In order to enable the processing of the transactions, the coins would need to be deposited through Bibox exchange. Although Litecoin would be at the focus here, the users should have access to 12 crypto currencies, including Ternio and Bibox tokens.

The spending limit has been set at $2,000 to $5,000 on daily basis, depending on the card type.

However, the main advantage of the use of such Debit Card would be the possibility to spend Litecoins at retail stores which already accept credit cards.

Debit Card Fees

All users who decide to spend more than $750 a month would need to pay $5 fee for monthly maintenance. The fees would also apply to ATM transactions, card replacements, closing of the account, etc.

Litecoin Foundation hopes that integrating Debit Card with LoafWallet will stimulate faster adoption of the habit to spend cryptos in everyday life.

Apart from using cryptos in our crypto accepted Casino Brango, are you using cryptos in your other everyday routines?

Sep 10
Hollywood and blockchain

Hollywood and Blockchain

By News & more No Comments

It was just a matter of time when we would find Hollywood and blockchain in the same sentence. Apparently, Hollywood is embracing blockchain and crypto payments. The latest news come from The Liechtenstein Crypto-assets Exchange (LCX), the company which has reportedly teamed up with a Hollywood star, Wesley Snipes, in a project of funding the upcoming motion picture and TV shows produced by Snipes and his production company, Studio Maandi House.

The Daywalker Movie Fund

According to the recently published reports, Snipes reportedly stated:

“It’s an exciting time now that all of my fans old and new can indirectly become co-producers of our upcoming movies. The tokenized Daywalker Movie Fund enables the audience to turn into investors and participate in the success.”

It sounds like a revolution in the movie industry. So, how does it work?

The fund itself (DMF) is planned to be tokenized. The amount reported is $25 million. The token will be presented as DMF Security Token. The investment committee alongside Mr. Snipes will reportedly run the Fund. One of the main ideas behind this project is to allocate the funds to future projects.

Moreover, the goal of the project which should appeal mostly to the general public is the ability to participate in making of the movie and its distribution. This means that both the retailers, small businesses, as well as institutions would be able to act as investors in the project.

LCX Platform

LCX was founded in 2018. The headquarters are in Liechtenstein. As a reminder, Liechtenstein is a country with advanced blockchain laws and a AAA rating at Standard & Poor’s.

The LCX Platform runs on blockchain. This is the place where investors will register and identify. Needless to say, blockchain enables all participants on a network to stay anonymous to the public eye behind well encrypted addresses, while protecting each step of the transaction and making it irreversible and transparent.

This will also be the place of a security token offerings (STOs). The entire project seems to be well thought through, as STOs are known as secure, highly regulated process. Security token offerings to the public must be in accordance with specific regulations. Regulators are also responsible for supervision of the STOs. Therefore, the whole process from beginning to the end appears to be transparent and in tune with the regulations.

Investors’ Benefits

The above mentioned DMF Token should enable investors to benefit from the profits of the movie production and the IP, as well as to receive additional benefits. Being invited to the movie premiere is just one of them.

Above all, maybe the most important aspect of this project is the ability to make it sustainable. Profits should be re-invested in the value of the DMF token. That way, both the production studio and the investors are participating in a long-term project.

Previous Hollywood – Crypto Projects

This is not the first time Hollywood and blockchain act together. Before Snipes, another Hollywood star partnered with crypto company. Namely, Johnny Depp teamed up with entertainment platform TaTaTu, dedicated to fighting piracy, in order to co-create and produce the movie.

Ashton Kutcher also tackled the subject when he donated $4 million in XRP to Ellen Degeneres’ Wildlife Fund.

Back to the hero of this story, Wesley Snipes is an American actor, film producer, master martial artist, and author. He starred in many movies, the most recent of which are “Dolemite Is My Name” (premiered at the Toronto Film Festival) and before that – the Blade trilogy.

 

Would you invest in a movie with Wesley Snipes?

Sep 07
Litecoin

Litecoin is Contributing to Las Vegas Community

By News & more No Comments

Litecoin appears to be recovering and taking the position of a king among altcoins. If we take a look at the increases in the Litecoin’s value since December 2018., we will see that it went up by 200% in just eight months period. This is, by far, one of the largest increases we have seen recently. Furthermore, it is building a very positive image. Namely, Litecoin is contributing to Las Vegas Community.

A Short Recap of Litecoin Features

As we have wrote before, Litecoin is one of the most popular altcoins. Especially due to its speed, meaning more frequent block generation and extremely fast confirmation times which facilitate transactions. Furthermore, this enables Litecoin to process higher transaction volumes. In plain English, this means that more funds can be transferred in shorter time period.

LTC functions on a decentralized blockchain as an open source. It is immutable, fungible, and divisible. Above all, it is available globally.

The current approximate price of a Litecoin is $67.14 and a market cap of $4,223,289,441.

The Litecoin Foundation and the UNICEF

As a quick reminder, Litecoin Foundation is the non-profit with a goal to promote blockchain technology mainly through the use of a Litecoin. The most recent activity from the Litecoin Foundation reportedly includes joining forces with UNICEF.

The aim of such co-operation is to empower UNICEFs Kid Power program. This program helps out the kids in schools to get the tools they need to learn and grow, so they can become the people who will return the value to the community.

UNICEFs Kid Power program

The said program is planned for launch in October 2019 during the 2019 Litecoin Summit, as part of the Las Vegas Blockchain week.  The participants would be able to visit the UNICEF booth to “unlock up to 125,000 Kid Power Coins, which the Litecoin Foundation will underwrite for Las Vegas schools”.

The mentioned coins will be available for redeeming by students. The idea is to support local social causes, such as planting of trees, improving the environment in various ways, saving wildlife habitats, securing food for people in need, providing medical care for kids who do not have access to it.

The Creator of UNICEF Kid Power and Vice President of UNICEF Ventures , Rajesh Anandan, reportedly commented on the matter:

“We are thrilled to collaborate with Litecoin Foundation to empower a new generation of global citizens. We are showing students that they have the power to make a difference in the world while, at the same time, helping their own communities on issues that matter the most to them.”

The overall advice from crypto enthusiasts is to keep all your options open and consider investing in more than one crypto currency. In case you are socially responsible person, the chances are you would take into consideration the image surrounding a certain crypto. We can now say that Litecoin has secured its place among socially engaged brands.