In recent months, a lot of the buzz in the crypto industry has not been on cryptocurrencies as a store or transfer vehicle of value, but on the possibilities of decentralization for creating whole new business models. It is still very early in the development of this domain, and as of yet, only a few decentralized apps (DApps) like cryptokitties on Ethereum have seen much success and adoption. In many ways, there are still large barriers to adoption for developers looking to integrate decentralization in their offering, but thanks to the lively developer ecosystem in crypto that is changing.
One such development that could hold promise for the future of DApps is the #MetaHash project. It is a development progressing in its creation of an integrated ecosystem that allows developers to create and scale DApps with many different benefits compared to other platforms.
Decentralization for the future
As explained in the #MetaHash white paper: “Blockchain systems brought to life the incredible principle of decentralization of trust. The reason why this technology emerged is that people do not believe other people but are ready to believe thousands of machines belonging to thousands of different people. We tried to reinvent only the technological principle of this technology, to make it faster and more user-friendly. One might think that the world does not need thousands of transactions per second but that would be a big mistake.” This is how the platform seeks to further the DApp ecosystem, through superior speed and scaling abilities. The #MetaHash testnet demonstrated that their blockchain can handle all transaction in under 3 seconds and can handle billions of transactions per day.
The main importance of the benefit of this speed is also linked to the other components of the system. The rewards for forging (similar to mining but less resource intensive) on the network are allocated as 40% for the person running the node, 50% for the wider network, but interestingly 10% for those that use the MetaGate browser, which is an integral part of the #MetaHash value proposition. Users can better interact with the DApp ecosystem when online by using the browser, which is what the #MetaHash DApps will be designed to use. Thus a mutually beneficial ecosystem of node operators, users, and DApp creators can flourish.
Unlike existing tech paradigms where the owners derive most value, there are financial benefits for all participants in the network. The #MetaHash team have worked to make this value proposition as attractive as possible, and this also applies to the upcoming token sale. Round A of the sale has begun on June 29th at 12.00 UTC, with the initial batch of coins being sold for $0.0391 (can be purchased in BTC or ETH at the exchange rate at the time of purchase), which is likely to be half the price of later rounds.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Property Loans for Foreigners in Singapore That You Must Know About
Intending to invest in a residential or commercial property in Singapore?
When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.
In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.
HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE?
As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.
In this sense, Singapore has the Loan to Value Ratio (LTV).
The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:
- If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000.
- When you are applying for a loan with a Housing…
CoinField Launches Sologenic Initial Exchange Offering
CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform. Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.
Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play. The desktop version is available for Windows and Mac.
“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…
Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page
Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.
The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone, including those who are trying this betting for the first time.…