Veritaseum's beta 2 of its Bitcoin wallet, the UltraCoin wallet, is now available for download. It trades the derivative value of BTC and all major crypto currencies, all major forex pairs and individual currencies and over 75,000 tickers of stocks, bonds, commodities, indices, options and futures via smart contracts and optional micro-payment contracts - all on peer to peer basis with zero trust, counterparty and credit risk free basis. According to David Zimbeck Peer to peer stands that in which a computer acts as server for others on that way our firm helps in removing the bar between the clients by offering them easy loan without the banks. Veritaseum provides various modes of trading like selling or buying of Bitcoins. A certified company that offers best services related to Bitcoins. Just claim to our Bitcoin application now and make your trading more easily. New to the wallet is the ability to time entry into and exit from the smart contracts (ex. have the contract activate only at market open or end at market close), cancel them at a pre-conceived date and time after earnings announcements, adjust collateral (think manipulate your own margin requirements) and track any transaction made. We recently pitched this to one of the world's largest money center banks and they claimed this was, by far, the best and most advanced Bitcoin app they have every come across. Peer to peer lending sites to useful source of financing for small businesses and managing transaction as well as issuing money is carried out collected by the network. By analogy, imagine that he proposed a regulatory scheme known as "Packet License", wherein anyone routing IP packets that arrived at or passed through devices located in or belonging to residents of New York had to acquire a Packet License, which (in small part) involved fingerprinting everyone employed by the owner of the device, or any affiliate of that owner. In retrospect, we would laugh at its absurdity, and likely recoil in horror imagining the economic Armageddon such a regulation would cause. Here we have the good news who wants to learn about stock trading. Our top business men will help you to study the facts of the stock trading through some catchy tricks. Understand them through our latest blogs and videos. UltraCoin provides, with full transparency, universal access to any publicly traded financial instrument, on any exchange, at a fraction of the cost of bulge bracket and even many deep discount brokers. Our patent-pending (we are confident that we're the first to file, meaning the rest of the Street must come in behind us) products provide access to over 75,000 tickers in all major asset classes from exchanges and bourses from around the world in an innumerable combination of pairs and combinations - not merely just the traditional, binary, long and short. This is not an idea, or mere concept, or whitepaper. Exchange Bitcoins into dollars or any other currency. Veritaseum is the most reputable and secure intermediate for buying or selling Bitcoins. We are the leading Bitcoin company in USA and we will help our customers for safely exchanging Bitcoins. Ultra Coin is the secure and the fastest medium for exchanging Bitcoins. Veritaseum is one of the leading US based company offers modern techniques of cryptocurrencies exchange. David Zimbeck is the developer of BitHalo and BlackHalo Trading techniques solely derived for the convenience of trader user of cryptocurrencies. For more about him visit at: http://www.imdb.com/name/nm3681237/ Bitcoin mining has received considerable media exposure in the past years, which is very interesting, because this activity is done by a rather small sector of the population. However, few people know what it actually is and, most importantly, why miners do it. A common misconception is that people do mining in order to solve complex mathematical equations. This is indeed a part of the process, but it is only a means to an end. The actual goal of those who do it is different and not singular. Although the cost for mining a single block has increased, the activity remains very popular and miners have found new ways of hashing without investing a lot of money into electricity and hardware. If you would like to start cryptocurrency hashing, you should first understand some basic rules about this activity, as well as important terminology. For example, you should never confuse Bitcoin with Litecoin, because although these sound pretty much the same, there are certain differences between a Bitcoin and a Litecoin mining contract. Many people have heard that mining involves solving complex equations, but those who purchase mining plans do not do it just for the sake of doing difficult math. The first reason why mining exists is to process transactions. In a regular bank, people are hired to do this, but since bitcoin does not have a central system, miners are the ones who do this and receive a reward for their service. The transactions are processed in terminal blocks and for every block processed there is a certain reward. Processing these transactions is a difficult and complex process which involves verifying the ownership of bitcoins from their source. A block can include any number of transactions, but there are some limits too. The second purpose of mining according to David Zimbeck is to release new funds into the bitcoin economy. Unlike regular banks, currency is not printed and then distributed from the central bank. Bitcoin is decentralized and therefore is not under anyone's control. Without central authority, the only way of releasing new funds is mining. This process allows for the fair distribution of these funds, which also explains its high cost. It has been estimated that mining one single block costs approximately $2000 in hardware and electricity and the figures are expected to grow. For this reason, more and more miners do their activities in the cloud in exchange for a small monthly tax and then, at the end of the month/week, they receive payout in bitcoins. The third and final purpose of cryptocurrency hashing according to David Zimbeck is to secure the bitcoin network. Miners trace transactions from their original source to their destination and they also confirm the outgoing ownership of those coins. This prevents double spending, which means that a person cannot spend a bitcoin twice. The more mining power it is out there, the less likely it is that someone can control the bitcoin network by coming up with more power than everyone else combined. Mining is therefore an essential part in the bitcoin economy and although it involves solving mathematical problems, its purpose is completely different. Last, but not least, you should not confuse a Bitcoin with a Scrypt mining contract, because they work in different ways and refer to different digital currencies. Click here for more reviews by David Zimbeck regarding Bitcoin and Cryptocurrency. BlackCoin’s announcement of the creation of a revolutionary protocol of eliminating risks in fund transfers poses promising benefits for Bitcoin and BlackCoin users in general, whether investors, consumers, or gamblers.
According to reports, the innovation produced by a member of the BlackCoin development team enables the creation of the world’s first smart contracts, which equips contracts with the ability to resist external threats like the Mt. Gox collapse, and therefore, make them unbreakable. Called the BitHalo for Bitcoin and BlackHalo for BlackCoin, this protocol, which will serve as the basis for an umbrella app dubbed as NightTrader, is believed to benefit users in a variety of ways. Derivative markets volatility will be eliminated while decentralized exchanges independent from a middle coin will be established, along with good faith employment contracts, two party escrow, and backing of commodities among others. Likewise, it will make the creation of unhackable wallets possible, which are essential for cryptocurrency users, especially with the advent of malicious threats. “The protocol uses risk, reward, and agreement to circumvent malleability, which was ironically once thought to prevent these types of protocol,” said BitHalo/BlackHalo developer David Zimbeck. “Almost every sector of the economy that involves third parties runs the risk of loss to the consumer.” David Zimbeck added that the new protocol empowers individuals to be in control of who they wish to trust and how to structure that trust when dealing with transactions. Among the beneficiaries of this innovation, the Bitcoin casino enthusiasts are guaranteed to be at an advantage. This protocol will help them protect their funds from unfortunate situations since they are one of the most frequent users who engage in peer-to-peer transfers when buying Bitcoin for wagering purposes. Similarly, the Bitcoin wallets secured from hacks will further shield the funds. BlackCoin gambling enthusiasts are also set to make use of this protocol because David Zimbeck saw a great deal of potential for the alternative currency. “I chose BlackCoin because of its fast transaction times, a massive advantage when engaged in contracting,” David Zimbeck added while emphasizing that while the first confirmation of Bitcoin transactions take more than 10 minutes, it only takes BlackCoin less than a minute to complete one. Through this revolutionary protocol, BlackCoin and provably fair Bitcoin casino bettors will join numerous users of these cryptocurrencies in experiencing risk-free transactions. David Zimbeck developer of BitHalo launches new version of ‘mother of smart contracts’ platform7/28/2015 BitHalo has announced version 2.1 of its decentralised escrow, payments and trade service, which was originally launched just for blackcoin, but added bitcoin in mid-2014. The service can now do instant bitcoin transfers via email, making it a new contender against PayPal and Western Union for money transfers.
According to David Zimbeck the developer of Bithalo says that smart contracts have long been in the pipeline for the bitcoin blockchain, using the peer-to-peer system for agreements with no third party required. This is looking to be popular for almost everything you could imagine, from marriages, mortgages, voting and any other legally-binding activity or agreement you could possibly dream up. The technology is being developed as we speak for the adjunct of trigger events (such as a death) that cause a certain action of the contract, with one smart contract, for example, self-destructing under certain conditions. David Zimbeck believes that BitHalo allows two or more parties to create a binding agreement, peer-to-peer, without having to pay or trust a third party. This solves enforcement for most types of contracts with both parties sharing the risk, with the benefit of the software being that it more or less alleviates the risks of theft and fraud and permits the unthinkable – trust with a stranger. BitHalo has a new feature that allows safe peer-to-peer payments using email and bitcoin or blackcoin. This adds a valuable service to the contracts side of thing: agree on something, and if money must change hands, this can occur seamlessly and instantly. So how does it work? The pay-to-email transaction is initiated by both parties agreeing on a password, with the sender then initiating an offer via email. The receiver opens the email with download instructions, with the download being the BitHalo client, already set up to correspond with the sender’s email address, and enters the password. The receiver then enters the correct password, and the payment goes through immediately. David Zimbeck ensures that there is no waiting, no large fees, and no third party – just direct money transfer from bitcoin account to bitcoin account. The receiver doesn’t even need to have a bitcoin wallet, making this solution useful to those unfamiliar with digital currencies. BitHalo can also be used for safe trading with bartering for goods or services, and micro-trading in digital currencies, and escrow-free property transactions. A NEW form OF CURRENCY According to David Zimbeck the developer of Blackhalo and Bithalo trading technologies says that BlackCoin is a peer-to-peer digital currency with a distributed, decentralized public ledger; that unlike ones held at traditional banks, are viewable and easily audited by the people. The ability to manage transactions and issue additional BlackCoins is all handled by the network of users utilizing BlackCoin. Because the BlackCoin network is run by the people, holders of BlackCoin receive a 1% yearly interest through a process called staking. AN INNOVATIVE NEW way TO TRANSFER MONEY David Zimbeck explains that BlackCoin’s technology allows people to send and receive fast, easy and secure payments with friends, family, and merchants anywhere in the world. BlackCoin allows you to manage your finances without the need for a central authority or bank. BlackCoin is open-source too, meaning that the software that makes it function is completely available for public scrutiny — giving you peace of mind. No one owns BlackCoin, it is not a single entity; anyone can be a part of it. BlackHalo is the world’s first functional smart contracting multisig client! It adds many new features, directly into the user’s hands. Why individuals use BlackCoin David Zimbeck states that individuals use BlackCoin to transfer money to and from friends, family, and merchants anywhere in the world. BlackCoin is an ideal currency for both face to face and international digital commerce. With the BlackHalo client you can make unbreakable contracts and barter anything you like. Using BlackCoin is fast, secure, and rewarding. Why businesses use BlackCoin Businesses use BlackCoin to join an emerging market in support of a faster, easier way to transfer value between two parties. BlackCoin offers a number of advantages over traditional point of sale and international payment systems. The BlackHalo client is a powerful tool for any type of contract or trade. David Zimbeck is of the view that accepting BlackCoin makes accepting digital currency easy. Why developers use BlackCoin Developers use BlackCoin as an effective platform to send, hold, and receive payments. BlackCoin is already supported by loads of useful digital infrastructure and has large, dedicated user and development communities. BlackCoin's network and specs make it a wise choice as a development platform. Below are some summarised features BlackCoin carries according to David Zimbeck · Simplest of all payment systems · Many third party APIs · Cheap micro payments · Most of the security is client side · No PCI compliance required · Unbreakable contracts · Fast international payments · Zero or low fees · Decentralized EBay · 1% compound interest yearly · Mobile payments made easy This generation can be considered to be part of the digital age. Sooner or later, everything will be easier through the help of technology. Digital processes will soon replace traditional ways, including money making.
Another booming trend in the industry is digital currency. It is oftentimes associated with information which it is not really related with. Now, what really is digital currency? What are the advantages and disadvantages of this new trend? David Zimbeck says that digital currency also known as digital money is an internet based medium of exchange that can be used to purchase goods, pay bills and services, and other monetary transactions. It allows the instantaneous transaction and borderless transfer-of-ownership with no fees to fewer fees. Like traditional or fiat currencies, it can also be used to facilitate payment for physical goods and in-person services. This trend is also often mistaken as virtual currency. Both can be used for purchases and for paying bills and services, the only difference are that virtual currency can only be used with a specific environment. Digital currency has no boundaries as the user can transfer funds without location limits, but with zero to fewer transaction fees. Also, dealers cannot charge extra fees on the consumer without their knowledge. As new as it may seem, this trend offers a lot of advantages to its users. Digital currencies are not controlled by a central bank and are better in terms of stability. According to David Zimbeck its value does not depend on supply and demand status of a certain place. Also, there is a limited supply of money to keep the original value of the currency. It may also attract those who prefer private monetary transactions. Users have a hold on their personal account information and those who will receive the transaction do not have an access on the sender's details. One type of this is cryptographic digital currency. It is a medium of exchange using encryption to secure the transactions as well as to monitor the creation of the new accounts. Through this process, the problems on identity theft during transactions are solved. Another problem that it resolves is money counterfeiting. Online transactions do not require physical cash unlike traditional or over-the-counter bank transactions. It uses some special math applications and cryptography to make counterfeiting almost impossible. As said by David Zimbeck there may be some disadvantages that this new trend might bring to the users because it is still developing, but if you prefer fast, convenient, and secure transactions online, digital currency might be the best for you. |
AuthorRiya Thakur |