Daily TL;DR - January 24th (Your One Stop Daily News)

DAILY TL;DR W/ CHESLINK
JANUARY 22ND – 26TH
January 24th

1. BTC NEWS
2. IN OTHER NEWS

MARKETCAP ANALYSIS

Recap from 11/20
Market Cap: $243,311,416,536
24h Vol: $7,403,167,283
BTC Dominance: 56.2%

As of 12/31
Market Cap: $592,941,301,681
24h Vol: $33,207,433,786
BTC Dominance: 38.0%

As of 1/8
Market Cap: $743,509,110,252
24h Vol: $49,897,768,988
BTC Dominance: 34.2%

As of 1/15
Market Cap: $644,874,662,903
24h Vol: $38,996,461,258
BTC Dominance: 34.4%

As of 1/17
Market Cap: $547,619,005,202
24h Vol: $58,838,546,348
BTC Dominance: 34.9%

As of 1/22
Market Cap: $508,289,748,517
24h Vol: $30,645,248,592
BTC Dominance: 35.0%

As of 1/24
Market Cap: $547,151,289,206
24h Vol: $28,474,334,892
BTC Dominance: 34.6%
BTC NEWS

Steve Wozniak Says Bitcoin Better than Gold and USD
• https://blog.unocoin.com/steve-wozniak-bitcoin-is-better-than-gold-and-usd-4fdbfcb6e5bb

At the sidelines of a conference on the future of payments and currencies, Wozniak, a mathematician by training, explained why he thought Bitcoin was better than the US Dollar and Gold. Quipping that unlike Gold or the US Dollar, Bitcoin has a predictable finite supply and is tamper proof, Wozniak claimed Gold’s value will be diluted once more efficient methods of mining are invented. He also remarked that the US Dollar is ‘kind of phony’ due to the centralised control over creation and use, lending itself to abuse.

Comparing Bitcoin to a house, Wozniak said that no matter how much the price went up or the government taxed it, the house would still exist as a real stable asset, undiluted and worth what it’s made of. In the same way, he said, Bitcoin is limited in amount and nobody could ever dilute the supply, making it valuable as a stable asset.

The tech geek also touched on Ethereum, another blockchain based cryptocurrency, and claimed that it opened a whole new world, with people writing thousands of applications for the platform. He signed off with a quote that there is a lot to cryptocurrencies than meets the eye.

Rapper 50 Cent Forgot About 700 Bitcoin
• http://bitcoinist.com/rapper-50-cent-forgot-bitcoin-stash/

An unsuspecting 50 Cent may have accrued $8.5 million in Bitcoin album sales he “forgot about” after fans purchased ‘Animal Ambition’ in 2014. The rapper allegedly made the comments in response to an investigation by showbusiness magazine TMZ, which suggested copies of the album had netted him around 700 BTC, at the time worth $400,000.

Animal Ambition was a pioneer in Bitcoin acceptance in the music industry when 50 Cent made the somewhat unexpected decision to partner with BitPay via his Shopify store. At the time, prices were around $660, putting his untouched earnings at between $7 million and $8.5 million.

“Ima keep it real i forgot i did that sh*t lol,” he added to subscribers on his Instagram profile.

IN OTHER NEWS

ICON Mainnet 1.0 Launches
• https://medium.com/helloiconworld/icon-mainnet-1-0-launched-d54b9132017e

We are happy to announce that the maintenance check of our testnet, which started last December, has been completed, and today, January 24th, 2018 (18:25 UTC), we have successfully generated the Genesis Block of the ICON Mainnet and minted all ICX as planned. Thank you for your patience and support!

DApps can now be developed on top of the ICON network and our team is already helping 5 DApp teams to launch new services. Although we are eager to showcase these projects today, the community needs to wait a bit longer. We will open the details on January 31st at the ICON Annual Summit: The Genesis.

Q: Is there a native ICX Wallet?
A: Our native ICX Wallet is called ‘ICONex’. We are in final steps of launching the wallet on official Chrome Web Store. Thank you for your patience.

Weiss Cryptocurrency Ratings
• https://www.cnbc.com/2018/01/24/weiss-ratings-gives-ethereum-higher-rating-than-bitcoin.html

Unveiling its cryptocurrency grades, Weiss Ratings said Wednesday that Ethereum rates a B, or “good,” while Bitcoin gets just a C+, for fair. No virtual money earned an A, or “excellent.”

B : EOS, Ethereum
B- : Steem, Cardano, NEO
Everything else C+ to C-

Weiss Ratings Old Corruption
• http://exiledonline.com/cnbc-scams-america-again/

Weiss also has a history of misleading investors. In 2006, the same year that Cramer’s company bought the Weiss Report, the SEC accused Weiss of misleading investors and violating securities laws, and slapped the investment advisor and his company with a combined $2.1 million fine. Among other things, the SEC charged [6] Weiss with making false claims that readers who followed his advice earned up to 400% returns: “In fact, during the relevant time period, many subscribers who followed each Weiss Research trading recommendation – as Weiss Research encouraged its subscribers to do – experienced overall returns that were substantially lower than Weiss Research’s profit examples and most actually lost money.”

This isn’t the first time Weiss has been charged by the SEC with violating securities laws: In 1972, the SEC suspended Weiss for four months [7], charging that Weiss’s investment publication “had been used to promote the sale of a fraudulent unregistered investment contract.”

ARK Partnership with Blockport Exchange
• https://bigblocksblog.wordpress.com/2018/01/23/ark-new-exciting-partnership/

Blockport, unlike many new exchanges appearing today, feels like it could take a significant share of the market away from Coinbase. The antics of companies such as Coinbase have done some serious damage to the world’s view of crypto investments. Blockport aims to regain this lost confidence by creating an environment of encouragement and education within an easy-to-use exchange platform. They aim to bridge the gap between the crypto economy and the traditional world of finance.

Blockport will be a Hybrid-decentralised exchange. It might not be a purist’s idea of pure decentralization but newcomers to exchanges would very much benefit from the advantages of a centralized platform (customer support and help when needed) with the decentralized features (holding your own crypto assets and peer to peer exchanges).

• The partnership is solidified by a shared goal; to make the world of cryptocurrency accessible for everyone.
• Blockport are poised to use the ARK ecosystem for their decentralized exchange and fund storage.
• Lars Rensing, CFO of ARK will join Blockport as an advisor to strengthen the collaboration. The two teams will be working closely to find the best ways to collaborate and further their combined goals. More details regarding the content of the partnership with ARK will be communicated in February 2018.

Ardor Account Property Bundler
• https://medium.com/@lyaffe/the-account-property-bundler-e70734859e26

The initial release of Ardor included a PersonalBundler which when configured bundles only the transactions submitted by the bundler account itself. However exchanges need more flexibility, for example if an exchange has separate accounts for Ardor, Ignis, BitSwift and so on. It makes a lot of sense for the account holding the Ardor to perform the bundling for the withdrawal transaction submitted for the child chains. Since this account is practically guaranteed to always be able to pay the Ardor transaction fees necessary for bundling.

The unique parent-child chain architecture of Ardor, enables businesses to bundle zero fee transactions so that their users no longer need to pay transaction fees. This unique function, available only in Ardor, finally allows decentralized applications to reach main stream adaption.

OMG Network Validation
• https://blog.omisego.network/omg-network-validation-f935523086db

In PoS, we skip all the hardware and burned energy of PoW. Validators just put their investment (in the form of tokens) directly into the system, where they are rewarded in the form of transaction fees for non-faulty behavior and are penalized for faulty behavior. That penalty can take the form of either hard slashing (loss of all staked tokens) or soft slashing (loss of returns). OMG will use soft slashing in Honte. Returns are distributed in proportion to the number of tokens staked.

OmiseGO validators will not need to stake ETH or act as Ethereum validators, but will need to run a full Ethereum node for root chain security reasons.

OMG Plasma Chain 0x1
• https://blog.omisego.network/construction-of-a-plasma-chain-0x1-614f6ebd1612

Plasma is a blockchain scaling solution designed by Joseph Poon and Vitalik Buterin that uses child chains reporting to root chains (i.e. Ethereum) to increase transaction throughput without any of the safety concerns that usually come with using smaller chains. The OMG (OmiseGO) decentralized exchange was designed in anticipation of Plasma. We’ll utilize Plasma to support a scalable, fully on-chain exchange without sacrificing security.

1. It’s Proof of Authority; Proof of Stake will be added down the road.
2. It will not utilize bonds to penalize fraud.
3. If an invalid transaction is included in the child chain, everyone must exit the child chain immediately.
4. The child chain relies on the finality (block confirmations) of Ethereum.

The finality and security of a child chain is dependent on the root chain. All of the security guarantees that Plasma provides assume that Ethereum is working correctly.

The Plasma MVP is a step towards both (i) realizing the potential of Ethereum by scaling the Ethereum mainnet, and (ii) building the OMG decentralized exchange, making it ready for mainstream financial use. As OmiseGO gets further into the development of Plasma, the design will evolve to include other features described in both the Plasma and OmiseGO whitepapers.

BAT Working to Integrate into Wikipedia for Donations
• https://www.reddit.com/r/ethtrader/comments/7shcmb/wikipedia_working_on_integrating_bravebat_for/?st=JCST9BKO&sh=1319f6cc

iExec and Stimergy Collab for Green Cloud Computing
• https://www.cryptoninjas.net/2018/01/24/iexec-stimergy-join-together-greener-cloud-blockchain-computing/

By distributing servers throughout the city in buildings in need of heating power, iExec and Stimergy are supporting the emergence of an inventive society mixing economic growth with the respect of the environment.

iExec is a French startup utilizing global computing and blockchain technologies to decentralize the cloud. The team behind iExec is creating a decentralized and global cloud marketplace, where anyone can rent out idle processing power for profit.

Stimergy is a French startup specialized in green IT and energy performance solutions.

“The partnership with iExec opens up entirely new possibilities for Stimergy, by reaching a new pool of customers looking for intensive cloud computing resources. We will benefit from iExec’s decentralized infrastructure to rent our servers and be remunerated in a transparent and open blockchain-based network”, announced Christophe Perron, CEO and Founder of Stimergy.”

“By partnering with Stimergy, we are taking a step further towards the two future markets of digitalization and energy efficiency. This partnership will allow us to provide computing power to blockchain-based applications all while being aligned with our energy efficiency driver. Blockchain and cryptocurrencies are often criticized for their excessive energy consumption, this initiative is also a demonstration of the possibility of innovating in this field while remaining environment-friendly”, explained Wassim Bendella, Business Developer at iExec.

New Tokens Added to Bitfinex
• https://medium.com/bitfinex/new-tokens-added-to-bitfinex-f00391305214

We are pleased to announce support for RLC, RCN, REP, TRX, ELF, AID & SNGLS, tradable against BTC, ETH and USD.

Arsenal Sponsored by CashBet
• http://www.trustnodes.com/2018/01/24/arsenal-partners-cashbet-crypto-first

CashBet Coin is to become the club’s exclusive and official Blockchain Partner, with Arsenal in turn become the first major team in world football to officially partner with a cryptocurrency.

“With our ICO for CashBet Coin, we are actively targeting a global, multi-billion dollar marketplace of iGaming content providers, operators and players,” Dr. Mike Reaves, CEO and Founder of CashBet.

Designed specifically for iGaming, CashBet Coin will improve the online experience for real money, casino, social, skill-based, eSports and sports betting players through increased trust and transparency, faster payouts, reduced fees and dedicated player protection.”

Top 6 Cryptos for Long Term Dividends
• http://www.trustnodes.com/2018/01/24/arsenal-partners-cashbet-crypto-first

1. Annual return is roughly 5.5%.
   NEO is also a cryptocurrency that exists on NEO’s blockchain. Apart from the NEO cryptocurrency, NEO has one more crypto-token called GAS (formerly know as ANC or Antcoins) which can be staked in a NEO wallet for a handsome return. Also, it doesn’t require you to keep your staking wallets open at all times like in other POS cryptos. But remember, only all wallets lets you claim the GAS, so you need to pick the right wallet to get the GAS as dividends from here.
   You generally need 10 NEO for 1 GAS/year.
   The calculator can be found here: https://neotogas.com/

2. Annual return is based on exchange trading volume.
   By holding KuCoin shares, you receive a daily bonus/dividend called KuCoin Bonus. The bonus you receive is 50% of the trading fees. So you can do the maths that if the volume and amount of coins traded increases on KuCoin exchange, the bonus of holding the KuCoin Shares will increase as well.

3. Annual return is based on exchange trading volume.
   BridgeCoin is the native token of a new and popular decentralized exchange called CryptoBridge DEX. The native token of this platform, BridgeCoin, is designed to share revenue with its holders and can be bought and sold like any other cryptocurrency And if you are a HODLer of BCO tokens i.e. BridgeCoin, you can stake it and earn 50% revenue share of the CryptoBridge DEX.

4. Annual return is roughly 5%.
   Komodo dividends are not like pure staking where you need to keep your wallet open all the time. Instead you just need to keep you KMD in a wallet and move around it on yearly basis.

5. Annual return is roughly 4.8%.
   PIVX is another proof-of-stake currency that is trying to be anonymous by applying Zerocoin protocol. And just like almost all proof-of-stake currencies, it also has its staking model which pays decently for staking and holding your PIVX coins in a wallet. Moreover, there is no cap for staking.

6. Annual return is roughly 5%.
   NAV is a fully functional POS cryptocurrency operating since 2014 based on Bitcoin’s core code. Some of the USPs of this currency are faster transactions (30 seconds), optional privacy with dual blockchains, and a POS staking rewards system that allows you earn while you are sleeping! There is no cap for staking.

There are some more currencies that offer such lucrative deals such as COSS, ARK and QTUM, but I have not purposely covered them because I don’t have concrete data for them neither have real-time stats of holding these currencies.

Crypto with Dividends
• https://www.reddit.com/r/CryptoCurrency/comments/7b3mvx/list_of_dividendpaying_cryptos

TaaS - direct dividends. Two payouts thus far. Here's their second payout: https://medium.com/@Taas/fully-transparent-and-well-performing-6b49c58cbb95
Rialto.ai - direct dividends. Zero payouts thus far.
QuantumProject - indirect dividends, 4 destruction events thus far. (7%)
Binance Coin - indirect dividends, 1 destruction event thus far.
TenX - direct dividends.
TrueFlip - direct dividends, no longer operational?
Beth.jp - direct dividends, no longer operational. Scam?
SIFT - direct dividends, one payout thus far it seems.
Edgeless - direct dividends, still developing their platform
OmiseGo - direct dividends, from staking
NEO - direct dividends in GAS. Here's the calculator: https://neotogas.com
Modum - direct dividends, scheme very unclear
ARK - direct dividends from delegates you support. Here's the calculator: https://calculator.reconnico.com/
Lisk - direct dividends for voting for delegates
Decred - proof of stake ticket system, doesn't require online wallet if you use a pool
Particl - currently POS but staking from offline wallet coming
COSS - weekly share of exchange fees
BMC - will be adding some sort of mechanism for leasing tokens
KNC - leasing rewards I believe
WAVES - leasing gets you transaction fees
XEM - harvest transaction fees, does not require online wallet but 10k minimum
NXS - staking requires 1k minimum
BLOCK - direct dividends, from staking (15% ROI) or running service node (30% ROI) https://blocknet.cohttps://blocknetprotocol.com/about
NEBL - direct dividends, from staking (10-15% ROI) https://nebl.io calculator: http://nebliostats.com/calculator.php
RISE - direct dividends from delegate you vote for (20% ROI) https://rise.vision calculator: https://dpostools.com/RISE

PoS/Masternode Pooled Website
• https://stakeunited.com/

Interesting concept, looks like garbage and I wouldn’t trust it. This should be something redone on blockchain.