Immortal Player Characters: Blockchain Game Characters You Can Keep

Immortal Player Characters

What’s one of the worst things that can happen to a gamer? They build up a character—experience, inventory, what have you—and then the game stops being supported and they lose everything. Well, that may be a thing of the past from now on. Immortal Player Characters are game characters built on the blockchain—which means, they’re yours forever.

Immortal Player Characters, or IPCs, are entirely owned by you, the gamer. Rather than be attached to a game, they are attached to the Ethereum blockchain. This means that an IPC could technically live in any game, assuming the …

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CoinMarketCap Under Fire, Crypto Index Revamps Exchange Listings

CoinMarketCap addresses issues

The crypto world’s most used cryptocurrency index, CoinMarketCap, has recently been under the line of fire lately for its protocols. Now, CoinMarketCap addresses issues, at least some of them.

It all started with Reddit…

We’re happy to announce our new subreddit! Please join the discussion at https://t.co/FQowKFktV5.

— CoinMarketCap (@CoinMarketCap) July 9, 2018

CoinMarketCap Adopts Reddit

The index just recently opened up its own subreddit of CoinMarketCap, most likely to address issues and discuss the potential fixes of the problems it has been facing.

However, starting a subreddit …

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EOS Leads China’s Blockchain Rankings Once More

China ranks EOS number one

The third round of blockchain rankings has been released by the Chinese government. Yet again, China ranks EOS number one.

The rankings, released by the government-backed China Electronic Information Industry Development (CCID), evaluate the public blockchain networks with three different metrics. The metrics include technology, applicability, and innovation.

Previous Leaders

CCID released its first set of rankings back on May 16th, where Ethereum was ranked the world’s top blockchain network.

4/ Detailed scores of the first crypto ratings by CCID Research, China’s Ministry of Industry & Information Technology pic.twitter.com/7LiJIWokge

— …

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2018 Fortune 40 Under 40: Vitalik Buterin, Brian Armstrong, and More Listed!

Vitalik Buterin makes Fortune 40 under 40

We know their names, but that’s not always enough. To appreciate the young in the world of business, Fortune, a multinational magazine, publishes its ’40 under 40′ list every year. Yesterday, the 2018 Fortune 40 under 40 list was released—and four crypto players made it. Vitalik Buterin makes Fortune 40 under 40, plus more!

Crypto Makes it on the 2018 Fortune 40 Under 40

When Fortune’s under 40 rankings first started, it was to show off the giants of the dot-com boom. But things are different now, with changes being sparked by the 2008 financial crisis. …

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Tron (TRX) wants to decentralized the ‘whole’ internet, is it possible?

A majority of big internet players such as Facebook, Youtube, and Google offer free internet services to their users. As a result, they in turn store and sell their users’ data to other large advertising corporations who flood our eyes with the things we need.

As a result of this inference, a decentralized protocol grounded a blockchain technology tailor-made for the entertainment industry is born. Tron (TRX) is the name of the revolutionary Blockchain technology. Tron intends to make its users the real architects of the data they publish on the platform enabling them to exercise total control over their online activities.

With that said, and with Tron (TRX) intending to be the preferred platform for content delivery of which its storage is distributed, data uploaded on the Tron platform gets stored on personal computers of network members who wish to do so instead of being stored on servers like in the case with big Internet corporations.

In exchange for the decentralized functionality and storage, users will have to acquire the blockchain’s currency, the Tronix or TRX to be their default virtual currency in their everyday virtual trade dealings.

The issue of decentralizing the internet is not new, and Tron is not alone in this quest. Many players are also involved in activities that would make the current centralized internet more localized.

Players such as the Mozilla Foundation, a nonprofit organization that finances the open-source tools and the Firefox browser, Richard Hendricks, the man behind HBO’s Silicon Valley, and Sir Tim Berners-Lee, the originator of the world wide web all want to see a more decentralized internet.

What’s the Problem with the Internet? Isn’t it Already Decentralized?

The answer to the question is Yes and No. The Internet is physically localized since no single corporation or entity can claim ownership to it, but at large, centralized service providers sustain its essential services such as social media, cloud computing, search engines, DNS services, email services, web hosting, and many other services.

These services heavily depend on resources that are highly concentrated in limited physical and virtual servers. This situation allows and makes it convenient for corporations to maintain the services they offer to internet users.

It’s a centralized working architecture, but it sometimes creates problems by holding hostage internet users. If the servers of these corporations go down for whatever reason, we lose total access to essential functionalities and services.

If they get compromised through cyber-attacks, we lose personal data. If they decide to sell our data to other advertising companies, there is nothing we can do. We do not have any control over our own internet experience. Simple.

Can Tron Decentralize the Internet?

Decentralizing the internet is not just a fancy word to be used to boost virtual currency trading and prices to a public unsuspecting. On Tron part, it is a rigorous process that in the end will give users back the power to control their destinies on the Internet.

In a time where information is taken without consent and sold to companies with the deepest pockets, decentralization is indeed a requirement and a necessity. Although being a tough feat to achieve, we believe Tron (TRX) under the leadership of visionary Justin Sun, has what it takes to decentralize the internet as much as possible.

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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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Stellar (XLM) outplays Ripple in the fight for the global adoption

Stellar’s week has been spectacular. The Tempo partnership announcement prompted a rise in its price of thirty percent at a time in which the general market is still going down (even if Bitcoin has had a good couple of days).

Stellar is making all the right moves to place XLM in a privileged position within the cryptocurrency world.

The Tempo partnership

Stellar’s XLM and Ripple’s XRP are two coins (and organizations) competing to conquer the same market (the international transfer market, which is worth trillions each year and keeps growing). To a lesser extent (at least for now) Litecoin is also entering the global banking industry.

The only way in which either organization and crypto-coin can make some headway into the global financial services industry is by securing strategic partnerships with some key players at the start and, ideally, with everybody in the long-term. 

Ripple had the advantage over Stellar with partners as Banco Santander, SBI Holdings or BBVA. But it seems that Stellar did them one better by partnering up with the French remittance service Tempo, which is huge in Europe and Latin America (not very well known in the USA, but still very relevant)

Tempo will use XLM as an intermediary currency to do international transference quickly and cheaply, and they expect this will revolutionize the industry at the global level. Tempo has chosen to use Stellar’s network and currency to achieve this. The news has already boosted XLM’s price, and the chances are that it will surge soon as use within Tempo’s environment increases the coin’s demand and usefulness.

While Ripple’s technology is superior to Stellar’s there’s one feature in this new partnership that can make all the difference: Ripple’s partners use the Ripplenet ledger to settle payments, but they don’t need (and for the most part it seems they don’t choose either) to use XRP as a mediating currency to settle payments, only for  transfer fees, which are ridiculously low anyway. 

Tempo, on the contrary, will be using Stellar’s XLM as a bridge between the origin and the target fiat currency. That will translate into increased transaction volume and demand driven by a single partner, a feat that still escapes Ripple.

Stellar is declared Muslim-friendly

In the Muslim world banks and finances work differently because the Prophet had a few things to say about money, lending, and related issues. 

So financial products and technology that seem commonplace or inoffensive in the West are not always so readily accepted in Islamic countries. Well, that won’t be a problem for Stellar nor XLM. Islamic scholars have certified this cryptocurrency to be compliant with Sharia law and have granted a certification.

This will grant Stellar access to about one-third of the world.

Prospective listing at Coinbase

Another piece of big news for Stellar was Coinbase’s announcement that it is considering to include it in its platform. The US-based exchange is every cryptocurrency wet dream, and it seems it could come true for XLM. Mind you, Coinbase’s announcement was exceedingly ambiguous, but at least it signals at a possibility, and the market has reacted enthusiastically.

IBM launches Stronghold USD on the Stellar network

IBM is backing Stellar and a new project called Stronghold USD which aims to produce a dollar-backed cryptocurrency. IBM chose to test the launch of a token of its own using the Stellar network and technology, and Stronghold USD will also use XLM to transact.

It’s anybody’s guess how this project will fare. But even if it doesn’t work, it shows the faith and commitment IBM has on Stellar as a blockchain, as an organization, and as a currency and that will inspire confidence to other big players and potential partners and investors.

Jesse Lund, IBM’s vice president of the global blockchain, had this to say about the new project,

“IBM will explore use cases with business networks that we have developed, as a user of the token. We see this as a way of bringing financial settlement into the transactional business network that we have been building.”

These are all meaningful milestones for the Stellar blockchain. Some of them are things that Ripple would like to do but hasn’t. So yes, Ripple’s tech is superior as is its expertise, and experience dealing with financial institutions. And yet, Stellar Lumens seems to be getting ahead.

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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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The post Stellar (XLM) outplays Ripple in the fight for the global adoption appeared first on Global Coin Report.

Read more at https://globalcoinreport.com/stellar-outplays-ripple-in-global-adoption/



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