Roger Ver Announces $200 Million BCH Fund to Compete with Bitcoin and Ethereum

The leading proponent of Bitcoin Cash [BCH], Roger Ver, announces $200 million funding at a Blockchain meet-up in London. It will be used for investing in business building on top of Bitcoin Cash.
The business model of Bitcoin.com led by Roger Ver is now focusing on competing with Ethereum and other smart contract platforms.
Roger Ver Continues to Attack Bitcoin [BTC]
In a press release from the domain ‘Bitcoin.com,’ which is owned by Roger Ver, an array of possibilities on BTC and BCH were highlighted. It notes,
The two Bitcoins – Core and Cash – have a number of advantages for projects seeking to build upon them, over and above security.
However, it stretches to add weight to the ease of developing over Bitcoin Cash [BCH]. It is offering to issue of tokens on BCH using the Simple Ledger Protocol (SLP).
As reported earlier on Coingape, developer teams also working on protocols standards for implementation of smart contracts on BTC. Leading Bitcoin supporters, Tone Vays and Jimmy Song have also discussed the future of smart contracts on Bitcoin itself.
Issuing tokens usually falls in the realm of platforms like Ethereum, NEO, EOS and so on. Nevertheless, it argues that Bitcoin’s PoW provides more security than others.
The origin of Bitcoin Cash [BCH] was from a controversial Hard Fork that caused Havoc in the markets. Ver who has for long supported the split Cash version told the audience at the meet-up.
“I used to be promoting BTC, today I am promoting Bitcoin [BCH] Cash. And tomorrow if something even better than Bitcoin Cash [BCH] comes along to bring more economic freedom to the world, I’ll be right up here promoting that.”
Furthermore, he made various other remarks against the supporters of Bitcoin mocking and imitating them as he went along.
Which is More Secure?
While Bitcoin Cash [BCH] offers large-sized blocks, Bitcoin SV [BSV] provides even larger sized blocks. All seem to argue that it will never be enough.
However, things that secure the PoW network are the nodes and miners. The total hash rate of BCH is significantly smaller than that of Bitcoin [BTC]. Currently, the total hash rate of BCH is only 3.2% compared to that of Bitcoin.
However, Roger Ver continues to present the case of bitcoin’s use as a medium of exchange. He claims,
There are significantly more physical spaces accepting Bitcoin Cash [BCH] than there are today accepting the BTC version.
Now, with SLP and a $200 million dollar start-up fund, Ver has is looking to renew his artillery for a larger share in the market. Along with payments and SoV (Store of Value), he is focusing on smart contract development as well.
The price of Bitcoin Cash [BCH] at 3: 45 hours UTC on 20th November 2019 is $242.50.
BCH/USD 1-Day Chart on Bitstamp (TradingView)
Do you Bitcoin Cash [BCH]’s market presence and relevance could increase riding on smart contracts? Please share your views with us. 
The post Roger Ver Announces $200 Million BCH Fund to Compete with Bitcoin and Ethereum appeared first on Coingape.
Source: CoinGape

UK Jurisdiction Taskforce Defines Crypto Assets as Tradeable Property and Smart Contracts Enforceable

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UK Jurisdiction Taskforce Defines Crypto Assets as Tradeable Property and Smart Contracts Enforceable
The United Kingdom jurisdiction taskforce confirmed in a statement by Sir Geoffrey Vos that crypto-assets will be recognized as tradeable property while smart contracts are enforceable under English law.
UK Jurisdiction Taskforce Defines Crypto Assets as Tradeable Property and Smart Contracts Enforceable

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Source: CoinSpeaker

Neo Banking Solution Startup Juno Raises $3 Million in Financing Round

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Neo Banking Solution Startup Juno Raises $3 Million in Financing Round
Neo banking platform Juno which is said to help Asia to lead digital asset adoption has managed to raise $3 million from a row of prominent investors.
Neo Banking Solution Startup Juno Raises $3 Million in Financing Round

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Source: CoinSpeaker

Aerum Is to Become Fuchsia Network

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Aerum Is to Become Fuchsia Network
ASR Cryptotechnology is getting ready to introduce its new blockchain that will be known under the name Fuchsia Network.
Aerum Is to Become Fuchsia Network

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Source: CoinSpeaker

IOVLabs Subsidiary RSK Buys Spanish Social Media Platform Taringa

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IOVLabs Subsidiary RSK Buys Spanish Social Media Platform Taringa
A subsidiary of IOVLabs, RSK, has purchased a Spanish social media platform Taringa and got access to its nearly 30 million users.
IOVLabs Subsidiary RSK Buys Spanish Social Media Platform Taringa

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Source: CoinSpeaker

Blockchain is the Catalyst for the Supply Chain and Logistics Industry

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Blockchain is the Catalyst for the Supply Chain and Logistics Industry
The supply chain and Logistics Industry seems to be doing well at the moment. However, can it more? Blockchain technology provides a way to do this and the Quras blockchain is the solution to this.
Blockchain is the Catalyst for the Supply Chain and Logistics Industry

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Source: CoinSpeaker

Telegram Released TON Testnet Explorer and Node Software

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Telegram Released TON Testnet Explorer and Node Software
Telegram’s blockchain project, TON, has entered the last preparation stage before going live. The code for running a blockchain node was released on the test network portal late Friday.
Telegram Released TON Testnet Explorer and Node Software

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Source: CoinSpeaker

Tron network records 500 million smart contract triggers; Tron-based USDTs in circulation continue to surge

The Tron Foundation’s native cryptocurrency, TRX, has been bouncing up and down CoinMarketCap’s cryptocurrency charts. The coin was once the 10th largest cryptocurrency in the market, maintaining its position for quite some time. During the last few weeks however, the coin has been plummeting down in terms of market cap and was found at the […]
The post Tron network records 500 million smart contract triggers; Tron-based USDTs in circulation continue to surge appeared first on AMBCrypto.
Source: AMB Crypto

TRON report highlights growing Dapp ecosystem and increased use of smart contracts

Despite the negative press surrounding Tron Foundation CEO Justin Sun, the Tron network and its ever-growing Dapp ecosystem seem unaffected. The latest TRON Dapp weekly report confirms that the network has been growing steadily with the addition of new Dapps, increased number of transactions and also increased use of smart contracts. This week, Tron network […]
The post TRON report highlights growing Dapp ecosystem and increased use of smart contracts appeared first on AMBCrypto.
Source: AMB Crypto

Cardano development gets boost from IOHK’s release of Plutus ebook and Emurgo’s promotional work

Charles Hoskinson’s Cardano project is widely considered as one of the most technically sound ones in the community and IOHK, a research, and technology company, plays a massive role in its development. IOHK continues to push the boundaries to promote innovation as the organization recently announced the release of an ebook, ‘Plutus: Writing reliable smart […]
The post Cardano development gets boost from IOHK’s release of Plutus ebook and Emurgo’s promotional work appeared first on AMBCrypto.
Source: AMB Crypto

Decentralization Taking Shape On a New Platform For Dapps and Services

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Decentralization Taking Shape On a New Platform For Dapps and Services
If any technology seeks to be adopted and widely used, it must have firm foundations to stand on. Credits may well be the solid ground the industry’s many participants have been seeking for turning their developments into reality.
Decentralization Taking Shape On a New Platform For Dapps and Services

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Source: CoinSpeaker

AMA with CZ Binance: Plans for Binance Futures, Smart Contracts and Visa Card

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AMA with CZ Binance: Plans for Binance Futures, Smart Contracts and Visa Card
At Binance’s 2nd anniversary’s AMA, Changpeng Zhao spoke about the extension of their 25% trading fee discount and the team’s commitment of BNB allocations to the token burn. Also, he announced testing of Binance Futures and providing Binance Visa card.
AMA with CZ Binance: Plans for Binance Futures, Smart Contracts and Visa Card

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Source: CoinSpeaker

9 Key Tools and Technologies to Develop and Test Blockchain Applications

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9 Key Tools and Technologies to Develop and Test Blockchain Applications
There are dozens of high-quality blockchain services that you can try, but we want to narrow down the options and focus on the most relevant solutions only. Here we’re presenting nine key tools and techs to develop and test blockchain apps.
9 Key Tools and Technologies to Develop and Test Blockchain Applications

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Source: CoinSpeaker

ICO, Blockchain and Cryptocurrencies: Impact on Different Spheres

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ICO, Blockchain and Cryptocurrencies: Impact on Different Spheres
Do you think blockchain, crypto, and ICO can reshape the world as we know it today? But how exactly this is going to happen? In this article, you’ll find the answer exploring the leading industries affected by blockchain.
ICO, Blockchain and Cryptocurrencies: Impact on Different Spheres

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Source: CoinSpeaker

Opera Plans To Support Tron DApps and TRC-20 Tokens on its Web3 Browser

Opera Software announced its intention to soon support TRON’s TRX and other TRC-standard tokens within its browser. Currently, it supports on Ethereum and ERC-20 tokens on its Dapps browser.
Krystian Kolondra, EVP at Opera, Head of Browsers noted in the announcement that,
“TRON is a popular, quickly developing blockchain with a swiftly growing dApp ecosystem. We are happy to open our browser to it,” She added  “By opening products to multiple blockchains, we are accelerating the mainstream adoption of Web 3.”
Opera launched the Web3 browser and in-built crypto-wallet in December 2018. Web3 browsers are new age browsers that enable the browser API to interact with the blockchain and smart contracts underneath it. It works like any other web browser on the top, but the data and information are actually being executed on a secure blockchain platform like Ethereum or Tron. Opera Web3 Browser plans to add support for more such blockchain platforms during this year.
This is a significant piece of news which guarantees increased adoption of Tron across all platforms. TRX instantly surged by over 6% in 4-hours. Currently, Tron is testing the resistance near its yearly high around $0.0305.
TRX/USD 1-Day Chart (TradingView)
The price of TRX at 15: 30 hours UTC on 15th May 2019 is $0.0299. It is trading 11.95% higher on a daily scale.
Also read: 888Tron Dapp displays Tron’s supremacy by clocking 25 transactions per second
Tron has more than 400 Decentralized Applications built on its blockchain. Moreover, it processes more than 3 million transactions daily. It is one of the fastest growing blockchain projects with a wide scale adoption in the entertainment and e-gaming industry. Justin Sun was also excited about the announcement. He said,
“We are excited that Opera, a mainstream browser with hundreds of millions of users, will now seamlessly support TRX and other TRON tokens,” He added”Soon, Opera users will be able to use dApps on the TRON blockchain. “
Do you think Tron will lead the blockchain-based internet in the future? Please share your views with us. 
The post Opera Plans To Support Tron DApps and TRC-20 Tokens on its Web3 Browser appeared first on Coingape.
Source: CoinGape