Today (Beijing Time, July 20, 2018), the China Center for Information Industry Development (CCID) Institute of Blockchain Research under the Ministry of Industry and Information Technology published their third phase evaluation of the public blockchain projects.
Nebulas ranked 3rd on the index with a total score of 108.8.
The CCID Research Institute mainly evaluates the three dimensions of a blockchain, including technology, application, and innovation. It judges 31 of the world’s most influential public blockchain projects by these traits.
According to CCID’s third evaluation, Nebulas stands out in the core indexes mentioned above and its application index also ranks 3rd worldwide.
Compared with the second phase evaluation, Nebulas has made important progress this time — from the sixth place to third place, highlighting the public chain feature of Nebulas. Some insiders believe that there are several reasons behind Nebulas’ progress, among which their technical advantage plays a vital role. As the next generation of public blockchain which aims at a continuously improving ecosystem, Nebulas embraces the unique value measurement system, the future-oriented incentive, and consensus mechanism, as well as self-evolving ability to avoid hard forks. Nebulas mainnet (Eagle Nebula 1.0) is the only public chain using LLVM technology. In addition, Nebulas owns a more stable and secure system, with the transaction ability of 2000 transactions per second (TPS).
CCID Blockchain Research Institute believes that a public chain and DApp (decentralized application) structure will be an important business form in the future. In the current evaluation model, public chains with the smart contract function will receive higher scores. Compared with the second evaluation, the DApp quantity has been added to the application index. Nebulas, thanks to the two-month Nebulas Incentive Program, has more than 6000 DApps running on its mainnet, which surpasses Ethereum, and more quality DApps continue emerging. All these factors make Nebulas the third place in this evaluation.
With the rapid growth of blockchain, China is now paying more and more attention to technical innovation within the blockchain industry, and the government continues to release favorable policies as well.
CCID Global Public Chain Technology Evaluation of MIIT is the world’s first blockchain evaluation index released by a professional organization. The release of the evaluation index provides an authoritative dynamic reference for the blockchain industry and is also conductive in guiding the orderly growth of blockchain.
According to the information previously released, the current public chain technology evaluation will not accept social applications. The evaluation object will be selected by the Public Chain Technology Evaluation Team. It is expected that an application channel will be provided by August and it will accept applications from the public chain projects.
Nebulas will continue to build on this achievement and continue to work hard to build a sustainable and healthy public chain ecosystem.
VOLUM (VLM) Announces Commencement of Token Generation Event
ESTONIA, May 4, 2019 – VOLUM (the “Company”), a multi-dimensional blockchain technology holding company, is thrilled to announce the commencement of the Volum (VLM) Token Generation Event (“TGE”) beginning on Saturday, May 4. The VLM utility token is the native cryptocurrency powering the VOLUM supply chain and logistics management platform.
Driven by algorithmically intelligent software tailored to logistics and supply chain management, along with Internet-of-Things (“IoT”) integrated functionality, and a backbone of hybrid public and consortium blockchain architecture, the platform is organized around the Volum (VLM) token. The VOLUM TGE will be managed by deploying ERC20 tokens on Ethereum Mainnet to maximize future access to cryptocurrency exchanges.
The VOLUM platform operates as a comprehensive control center for supply chain and logistics management operations. Companies who use this platform will be able to carry out a wide range of blockchain transactions including: Payments, Rewards, Purchase Orders, Legal Contracts, Regulatory Compliance, Taxation, Shipment Management, Letters of Origin, Customs Documents, Inputs/Outputs and Inventory Ordering, Delivery/Parcel Tracking, IoT Monitoring and Reporting, Big Data Analytics, and Inputs and End-Product Tracking/Traceability.
“The total addressable market for a blockchain-based supply chain solution is nearly $54 trillion globally, with the majority of the world’s workers playing some part of this equation” noted Arnaldo A. Detrés, CEO of Bengala Technologies, LLC, the principle blockchain developer working to build the VOLUM platform. “However, blockchain solutions have been unable to…
How to Secure Yourself in Relation to Bitcoin: Top VPN Services
Nowadays, more frequently people opt to use cryptocurrency such as Bitcoin while dealing with financial transactions for its convenience, so its increasing prevalence isn’t round-of-the-mill phenomenon but still, its users need to create fully protected cooltechzone to secure their data.
Recently, a great abundance of VPNs have started to accept it as a way of payment and it definitely makes sense: one buys VPN to retain anonymity on the Web, so why not to use the privacy-focused payment method? Paying for a VPN service with Bitcoins or any other cryptocurrency secures personal data from curious eyes leaving no traces.
What is a VPN?
Virtual Private Network (VPN) is generally presented by the group of linked to each other computers via the Internet. VPN boosts protection and provides a high level of anonymity to all types of Internet connections.
While the connection to the ordinary Wi-Fi networks, a user usually gets access to the Internet directly, thus he becomes vulnerable to the hackers and the malware attempting to steal his personal data. On the other hand, applying VPN one transmits and gets data in encrypted form which makes it protected.
Generally, isn’t hard to trace an Ip-address of any user and to identify his location with sufficient accuracy. With the help of VPN, the attacker will only get the address of the removed computer. Undoubtedly, the safeguard…
Is it legal to gamble in Bitcoin casino?
Bitcoin entered the world in 2009 and immediately begun a revolution on the cryptocurrency market. Presently, there are more than 700 different digital currencies, but Bitcoin still remains the most used one. However, despite the large business activity around Bitcoin, there is still no international legal law to regulate it.
Key facts on Legality in Bitcoin casinos
Laws and obligations concerning online gambling legislation vary from country to country. There are many jurisdictions that can issue gambling licenses to online casinos. But, these licenses are issued only after the online casino business meets the requirements of the chosen jurisdiction.
The necessity of Gambling License for Bitcoin casinos
In order to make it clean and clear, a reliable online casino will obtain an online gambling license. Among other things, it allows running a legal activity and assures the casino operator’s trustworthy behavior, fair gaming policy and transparency in business operations and gaming software offered to customers. A representative of this kind of casino, such as FortuneJack for example, will have good reviews and reputation, and stable business that is constantly growing and expanding throughout the years. You can also feel the stability by checking the website, and important details such as casino withdrawal time and the number of games offered for playing, as you can examine on Fortunejack.
There is a difference between Bitcoin and Bitcoin gambling legality. There are countries…
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