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Nebulas sponsors inaugural hackathon at Silicon Valley Blockchain Week

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Nebulas (NAS)
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Following the Consensus Conference in New York City in May, the blockchain community will get together once again at the Silicon Valley Blockchain Week in the Bay area on June 22.

Nebulas is one of the main sponsors of the conference and also the hackathon event. Moreover, Nebulas co-founder and CTO Robin Zhong will speak at the conference, and also will be part of the judging panel during the hackathon.

Silicon Valley Blockchain Week is jointly initiated by F50, SVE, and 500 Startups, and Hume USA, Node Capital, Cryptoparency, Dorahacks, the Silicon Valley developer community, and more.

The conference is for developers, project parties, entrepreneurs, fund investors, and others in the space. It aims to connect leading industry figures, including top VCs such as 500 Startups and Node Capital, as well as the Silicon Valley developer community and the global club of blockchain projects and founders.

The Nebulas co-hosted hackathon event took place from June 22 to June 24, local time. The event was organized by F50 and has a lot of top developers participated in this event. There were 11 teams with an average size of 4 people.  Each team worked the weekend to create an innovative solution that requires a blockchain. The two main blockchains used were Nebulas and Ethereum. The winners were:

Grand-prize winner: Verifid, which tackled the identity problem on the blockchain by linking Nebulas accounts to real people through third parties such as utility companies.

Runner-up: Nit, which created a version control system on the blockchain.  This was modeled after git, the popular software development tool, but run fully on the Nebulas blockchain.

3rd place: BlockBNB, which created a mechanism to automatically bill and refund users of AirBNB rental units by interaction with IoT hardware such as demonstrated on a Raspberry Pi.

Best Use Case: Social Chain, which created a transparent mechanism to track how donations to charities are spent using the Ethereum blockchain

Best Implementation: Raffle, which created a crowdsourced raffle scheme on the Nebulas blockchain.

Best Presentation: Verifid

Best Design: Potion, which showcased a way to secure your private key through biometrics such as a fingerprint and security questions

Best Team: Pollaris, which showed how a blockchain can be used for polling and implemented on Nebulas.

Hackathon participants, who decided to develop on the Nebulas chain, had the opportunity to win not only hackathon prizes but also NAS rewards through Nebulas Incentive Program. Similar scenario happened at the Consensus hackathon, where the winner also won a top Nebulas Incentive Program award.

Silicon Valley is famous as the city with the highest concentration of high-tech talent in the world. With an eye on such talent, Nebulas opened the NAS Center in San Francisco in March to coincide with the launch of the Nebulas mainnet.

Weekly community and developer meetups take place at the NAS Center activities every week.

Nebulas also has academic exchanges with top universities near Silicon Valley like UC Berkeley.

As a commitment to building a new generation of blockchain publicity, Nebulas welcomes US developers to join the Incentive Program.

For details of the activities, please refer to the blockchain website: http://svblockchainweek.io/

Hacker Marathon Event Link: https://www.meetup.com/sventrepreneurs/events/250710861/

About Nebulas:

Nebulas is a next-generation blockchain development, deployment and discovery platform. The ecosystem consists of three central elements: 1) Nebulas Rank (NR), which measures and ranks the utility of all blockchain entities and powers the Nebulas search framework; 2) Native Incentive (NI), which rewards the developers and users bolstering the Nebulas blockchain; and 3) Nebulas Force, which proposes a novel community-led governance model and upgradability features for blockchain.

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.

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Why no one should be using banks

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why no one should be using banks
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If government is the devil, the bank is a demon.

It’s not your money anymore.

The moment you put your money on your bank account it becomes the property of the bank. Legally speaking you have just lend your money for minuscule interest. And since the money is not your, terms do apply, so you cannot withdraw all of them in one day, if the amount is high.

Government will know everything

Today banks are obligated to tell the authorities everything they know about you, including how much money you have, how you got it and where you spend it. The golden age of bank secrecy is over. Of course if you are a law abiding citizen, you might think that you have nothing to hide, but it’s not about hiding stuff. It’s about basic human right, and rightness for private life. The government should not be allowed to watch you.

Banks ask too many stupid questions

It’s your money, you rightfully earned them, but still you need to explain to the bank where you got it from and be shamed by them. The funny part is that after long and painful due diligence process the bank may still decline in providing service for you.

They can legally suspend your account or even steal your money

Laws are not made to protect people, they are made to protect the…

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Neteller to Launch a Crypto Exchange

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Neteller
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The way to make sure that the cryptocurrency momentum continues and that cryptocurrency credibility occurs is when big companies begin offering services based around cryptocurrency and other features of blockchain. This was certainly the case when Neteller recently announced it will offer a cryptocurrency exchange service in addition to its digital wallet services. The company announced that the 28 currencies compatible with the fiat wallet were able to buy, sell, and hold cryptocurrencies – including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. It makes sense to begin with Bitcoin and Ethereum as they are seen as the originators of what cryptocurrency and blockchain can do and also the future of how blockchain can be used, despite news that Ripple may be set to topple them all. Neteller’s move into cryptocurrency shows it has its sights set on a bright future of cryptocurrency and making it more accessible. But where do they stand now?

Neteller and Cryptocurrency

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MGO Will Likely Generate Substantial Gains During 2019

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MGO
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My new year’s resolution is to put the past year behind me and start fresh.  This means to stop worrying about past losses and focus on all the exciting projects that blockchain technology has made possible.  When analyzing new projects, I tend to look for projects that have 2 advantages; growing industry and lack of competition.  Companies with these advantages have always done well in the equity markets and there is no reason to believe they won’t do well in the crypto markets.  MobileGo (MGO) is one such project that will be one of the biggest winners during the next 12 months.

MobileGo’s currency, MGO, performed better than nearly every other token during the past 12 months.  While most altcoins were plunging by more than 90%, MGO is only down about 50%.  And, since September, the MGO token has exploded by more than 200%.  These trading gains can be attributed to increasing adoption rates of the MGO token, most notably on the Xsolla platform.

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