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Bitcoin gets a new rival?

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Bitcoin

After Bitcoin climbed at $8500 and Justin Sun bid $4.57 million for having lunch with Warren Buffett, all the news indicated that Bitcoin would raise at $9000, but it fell below $8,000 suddenly. Nevertheless, cryptocurrency is at the beginning of a big bull market now.

According to a new poll by crypto analyst: DonAlt, investor’s portfolios are all comprised by major tokens, such as BTC and ETH. Besides, a popular token called LinkToken (LTK) issued by a Chinese team attracted global attention.

Launched at Coinall Exchange

According to the announcement of LianXiang Cloud, LinkToken had launched at Coinall Exchange which belongs to OKEx Exchange group, users can recharge now and Exchange will open LTK/BTC pair at 17:00 pm on June 14, withdraw operation will be allowed at 17:00 pm on June 18. To celebrate the launching of LinkToken, LianXiang Cloud will airdrop million tokens to fans.

As the partner of OKEx, Coinall Exchange shared tens of millions of users and resources with OKEx. It is said that LianXiang Cloud is also applying for legitimate rights of trading LinkToken in other countries,In partnership with many Exchanges, LinkToken will launch at them per week.

What is LinkToken?

LinkToken is the workload proof of shared resources based on LianXiangCloud blockchain technology in the shared computing ecosystem, it can measure, register and demonstrate resources fairly.

Users acquire LinkToken by sharing bandwidth, storage space and other computing resources with intelligent hardware which is recognized by LianXiangCloud.

According to reports, there are more than 1.5 million users participated in LinkToken.

Quadrupled in price last 40 days

LinkToken had increased from 0.2$ to 0.9$ since April, soared more than 400% in 40 days, more volume and users are along with it, LinkToken is the most talked about tokens among investors in 2019.

More exciting news are proliferating, according to rumors, LianXiangCloud has obtained Philippine CEZA digital currency license which can solve liquidity problem of LinkToken, with the open source plan of LianXiangCloud Chain phasing,LinkToken’s ecosystem has earned its first pattern. Not surprisingly, more good news will release in the next few months.

Recently Good News

LinkToken is great for real scenario, which has been favored by many senior crypto traders since issued. Recently, a series of actions by LianXiangCloud gived the market great confidence, which has directly led to a four-fold increase in price last 40days.

Firstly, completed the handover and independently operated.

According to the announcement of LianXiang Cloud, LinkToken had officially become the token of Xiangyun Cloud chain, a public chain owned by LianXiang Cloud in May this year, it would develop in a transparent way.

LianXiang Cloud will publish whitepaper, launch blockchain browser, open node, intelligent contract and source code, set up community and so on to build scenarios and circulation environment for LinkToken.

LianXiang Cloud Chain is a public chain, it will release final codes of whitepapers, blockchain browser, wallets and so on, especially open nodes. At the same time, LianXiang Cloudwill also provide completed intelligent contract and virtual machine service, build communities with all the users, and welcome trade.

This means that the value of LinkToken will be fully released, which became the horn of price boom.

Secondly, LianXiang Cloud has quite gone according to plan and surging user confidence. It officially announced to open source code on June 3.

LianXiangCloud opened source code

2019-06-03

Dear users,

The public chain LianXiangCloud created by LianXiangCloud has opened source code today. The first open source data node code can be used to synchronize data across all blocks on LianXiangCloud.

Github Address: https://github.com/lianxiangcloud/lk-chain

The source code of LianXiangCloud will be continuously updated. The first version is mainly for LinkToken’s book synchronization feature.

Super nodes and other features’code will open in the future versions.

The browser officially launched on June 5 which would support the query of data information on the chain.

LianXiangCloud browser officially launched

2019-06-05

Dear users,

LianXiangCloud browser has launched today, browser address: https://explorer.lianxiangcloud.com

LianXiangCloud browser contains all the data of the blockchain. By integrating and indexing the data on the chain, it can support quick query based on transaction hash, block number and address of account, everyone can find all related transaction information conveniently.

With launching browser, all the data on the chain can be reviewed easily, we will continue to build a transparent ecosystem of LianXiangCloud chain.

Openness and decentralization of nodes, which were the weakness part of LinkToken had been solved, enhanced users confidence directly.

Beyond that, LianXiangCloud obtained Philippine digital currency trading license

Cagayan Special Economic Zone (CEZA) in Philippines has always been friendly to digital currency policy, many famous exchanges have set up business here, such as Huobi. The license from CEZA means legal status for payment, international remittance and other use scenarios, LinkToken will appear on more trading platforms in the future.

Looking at the Future Prospect from the Basis

However, what really supports the future space of LinkToken is its inherent basic part, the reason why LinkToken is called “the first Chinese currency” in the workshop is also from its basic point of view.

LianXiangCloud is a Fujian New Land Group subsidiary. Fujian New Land Group has a long history and most of its shareholders come from state-run capital company. Main business such as digital citizenship construction has relationship with national projects, LinkToken is definitely worth expecting.

In addition to traditional large projects such as BTC, Ethereum and EOS, a common blockchain project with ten thousand users can be identified as popular, the number of people in telegraph group is usually less than 100,000. The community is still an oligopoly market which has not reached consensus. LinkToken’s valuation has got the limitless foreground with million users.

The most representative usage scenario of LinkToken is shared computing. Users get LinkToken by sharing resources and then exchange it for value-added services and products. For now, LinkToken Mall has already attracted more than 200 merchants settled, including many well-known brands such as iQIYI and Netease Yanxuan, this is totally different from those gambling and game applications on Ethereum and EOS, LianXiangCloud will expand more application scenarios in the future.

The value of digital currency depends on its application. The performance and number of users of LinkToken can compete with EOS, its price is still at a low point.

Above all, LinkToken has got rid of bondages and will become more valuable by continuous positive news.

Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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Blockchain Implementation

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blockchain

Bitcoin still remains the most major and first blockchain implementation. However, people were able to generate different ways of how to use the system. 

Cryptocurrencies 

The creation of variations in Bitcoin has been one of the used yet creative blockchains. These then advertise them often as enhanced and better Bitcoin versions. Also, these are known collectively as altcoins. If you want more information regarding this, you can go through the bitcoin pro live to better understand it.

Litecoin 

Litecoins were launched in 2011, and it has a variation from the system of Bitcoin. One of these differences is that generating blocks takes lesser time. In Bitcoin, an average 10 minutes can be consumed to generate a block, but in Litecoin, it can only take 2.5 minutes to generate a new block. This only means that the verification of transactions is completed quickly. Another thing, there is a used hashing algorithm. SHA256 is what Bitcoins uses for the algorithm of proof-of-work, whereas Litecoin uses a scrypt. The script has a feature that makes it hard to create an optimized GPU or CPU hardware for a faster way of solving the puzzle. This then makes the system fair for the miners. Presently, ASICS exists to be used in mining Litecoin. 

Zcash 

In 2016, Zcash was recently launched. Just like Bitcoin, it provides secured transactions over a reliable and distributed…

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