Welcome to Stacks STX Bitcoin Layer 2

Bitcoin Blockchain

Welcome to Stacks STX Bitcoin Layer 2

fikri 6:12:00 AM Komentar

Thanks for visiting my blog. Today has been over 2 month for me try almost all of DeFi product on Stacks ecosystem. However when I try to new Blockchain I want to get profit from this Blockchain. Same as you, but we need to know what is different of Stacks (STX) with other Layer 2 blockchain like Ethereum with Ethereum Virtual machine for execution smart contracts and with Solana. 

We know this week so much degen of Solana has been made some big profit if they hold some of PNUT token and Act token, because this token listed at Binance. MOODENG solana, this week listed at OKX and people with SMI (Sekte MEME Indonesia) get some profit with Moodeng. 

Wait, SMI is community from Indonesia which is holding some meme token one of this is MOODENG, the community launched by influencer @PaceCrypto. 

But what is degen? Why degen can get so much profit from holding token? 

The answer is, degen people trade new token from beginning when a token newly launched at pump fun (if at Solana) when this token really little market cap. But, degen trading its very very high risk, because someone or dev can create a token, buy firsttime before other, then after other people buy their token, someone or dev of token can sell this token anytime and degen almost get loss if it's happen.

Before this token successfully reach target of bonding-curve, this token it's really high risk. But if bonding-curve successfully reached target, degen can get instantly 5x or 10x from their buy position. So that's is risk rewarded for Degen Trading. 

If at solana degen trading at Pump Fun, I try Degen Trading on Stacks Blockchain with @stxcity. Btw i buy some Bonding-curve token $PCHA. It's fan token DeFi Charisma in STX ecosystem. At STX city, when bonding-curve successfully reached target, token will be burned 20% and launched at Dex like Velar Dex or Alex LAB Dex and then, Liquidity Pool Token will be automatically Burned. 

Always Do Your own Research before trading as I explain. It's really high risk high reward. 

OK, we back to Stacks (STX) Layer 2 Bitcoin. After Stacks Blockchain successfully upgraded to Nakamoto at Block 867867, transactions and gas fee on Stacks ecosystem doing fastest and less gas fee. Before Nakamoto upgrade, transactions on Stacks Blockchain it's really slow, one transaction can executed 20 or 30 minutes. But, after upgrade to Nakamoto, transfer and executed contract really fast, about 30 second until 5 minutes. Gas fee before upgrading at average 0.05 - 0.1 STX, and after upgrade, transaction can be executed with only 0.01 gas fee, and it's really fast. 

I will continue to explain how we can do with Stacks to get fast profit and long term profit to get Free Bitcoin. Yes it's free and only need Stake 100 STX at XVerse Wallet. I really interested to share my experience in stacks ecosystem. 

I will be back with new article. Thanks for read my blog, share and comment if you like my article. 

Thank you so much. 

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What must i do before mint NFT ?

Bitcoin Blockchain News Tips Trading Tutorial

What must i do before mint NFT ?

fikri 5:20:00 PM 25 Komentar

What must i do before mint NFT ?

NFT its Non Fungible Token which is everyone can mint NFT, but for mint NFT you need a wallet, and crypto coin for pay gas transaction on blockchain network. Ok we will describe step by step what you need before minting an NFT.

1. Crypto Wallet

Every user need to have a crypto wallet, which is they must be save a private key of wallet on safety document or write Passphrase of wallet on paper. There so much crypto wallet on app store or play store. You can download and try "Coin 98 Wallet" or "Metamask Wallet" on your phone and connecting wallet to your desktop.

If your beginner and this is first time of you used crypto wallet, i recommend to try "Coin 98 Wallet". Its really simple, Create account, then saved your Passphrase and change Blockchain to Network Ethereum 

2. Deposit Crypto to Wallet 

We need crypto coin for mint NFT, this coin will be used to pay gas transaction on blockchain when started minting NFT. For deposit or buy Crypto you can instantly buy via Binance exchange. So you need Binance account. Create account and make deposit from your bank, after that buy some crypto e.x Ethereum.

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On withdrawal menu you need to ensure address of your wallet its not wrong, so you can copy paste your crypto wallet address to withdrawal box on your Binance account. When you make withdrawal please only choose ETH ERC - 20, Because on Opensea platform displaying address which is only accepted ETH ERC - 20 token. 

3. OpenSea - Explorer, Buy and Sell NFT  

Next step for mint NFT its you can try OpenSea. With this platform you can explore rank of most traded NFT in the world so you can buy or make research NFT project before buy or mint. Its simple, go to browser OpenSea and click connect wallet on Open Sea platform. 

You can create NFT and browse catagory of Arts NFT e.x Collectibles, Music, photography, sports, and many more. 

Right now your crypto wallet has been successfully connected to opensea and successfully deposit Ethereum to wallet. Next step its you will be search trending collectables NFT. So, just click Collectables, it will be displayed most of trending Collectables NFT in opensea. 

Just click one of project NFT then you can see details about NFT, schedule of Minting, website of NFT project and Twitter of this project. Almost all of information link will be displayed on every trending collectables and you can read it for make sure this NFT projet its good for mint or Buy.

Your NFT journey its begin!. You can place bid to make offers price of an NFT or you can participate minting this NFT from their  official website. After minting NFT you can freely to hold or sell your NFT on opensea.

Keyword 

#NFT

#NFTs

#Opensea

#Coin98

#Wallet

#mintNFT

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How to secure wallet for safety holding your NFT?

Bitcoin Blockchain EOS Finom News

How to secure wallet for safety holding your NFT?

fikri 8:08:00 PM 1 Komentar

 

How to secure wallet for safety holding your NFT?

Today NFT Hype its really awesome. So much people want to jump in to NFT Project. They want get NFT by minting Free or get it by instantly buy and make offers from marketplace opensea. But the problem its, what happens if people who first time minting nft want to keep hold their NFT with really safe and never steal  by hacker ? Its Really possible for strongly safety wallet to hold valuable NFT? The answer its YES !

This is tips for keep your wallet always safe:

1. Never used wallet to connect with not trusted project 

Safety of wallet its back to user who hold key / Passphrase of wallet. If they only used this wallet for minting one of NFT project so its will be more secure. But, if one wallet used to minting so much NFT from different websites, its will be risk to the wallet. Why this will be risks? Because different websites maybe can containing phising code or vurnability code to attack user wallet. I mean when you're connected wallet to website you'll open and approved some codes to access your wallet. With this way its not impossible your wallet its at risk. 

2. Ensure link before you Click on. 

One of popular NFT Hacked case this month its so much opensea user was hacked by fake emails. 

"Last week, OpenSea had announced an upgrade wherein users were required to migrate their NFTs from the Ethereum (ETH) blockchain to a new contract. Following the announcement users started getting phishing emails that authorised “migration”. Hackers started sending fraudulent emails to the OpenSea NFT holders" (source: businesstoday) . 

User thinking the message its real from opensea, but in fact after user click link on  emails, its forwarded to their opensea account that looks required approval but its fake website. Then hacker can get valuable NFT from user and transfer them to hacker wallet address with migration of hacker smart contract.

If we think again, case of opensea user its by mistake of user which is they not ensure trust and real of link before they click on. Especially when user on fake website they still click links. User should not doing anything when they doubt thats links.

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3. Depth Research before minting NFT

Research project its a must. You need to make research by yourself before minting NFT.

This research can be started from NFT website or from opensea links, read it! who is man or team behind an NFT project ?, how much team influence behind this project ? How much twitter followers of this project? What its selling value and unique of this NFT project ?, and what this NFT can be collected for longterm? All of this research can help users to keep save their wallet from scam project or worthless project before they participate to minting / buy NFT. 

4. Keep Your Passphrase Save and Never share to anyone

Your key = Your Wallet. We know all of wallet have a private key and Passphrase to unlock and access wallet. So its must be keep secret your wallet key. We can shared address wallet, but we should be never shared Passphrase and private key.

With all of this tips, im sure you can get stronger safety wallet. Every security of wallet its back to user who hold pv key. I hope you can control how much nft project website that's you will be connected to your wallet.

#NFT #NFTs #Securewallet #wallet 

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GenerEOS - Open Source Voting Portal Dalam Exchange

Bitcoin Blockchain EOS News

GenerEOS - Open Source Voting Portal Dalam Exchange

fikri 8:50:00 AM 56 Komentar

GenerEOS - Open Source Voting Portal Dalam Exchange

Latar Belakang

Kandidat Block Producer GenerEOS, EOS Rio, shEOS dan Node One telah bekerjasama sebagai tim yang bertujuan untuk mendemokratisasikan dan merampingkan/ memudahkan proses pemungutan suara/ voting didalam exchange. Kami telah mengimplementasikan sebuah Open-source gratis end-to-end framework proses voting yang dapat digunakan oleh setiap exchange dengan proses integrasi yang minimal, dan menawarkan pengguna mereka untuk dapat berpartisipasi dalam proses voting EOS block producer.

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Bagaimana Cara Memilih Exchange Kripto yang Aman ?

Bitcoin Blockchain News Tips Trading

Bagaimana Cara Memilih Exchange Kripto yang Aman ?

fikri 6:40:00 PM 90 Komentar

Bagaimana Cara Memilih Exchange Kripto yang Aman ?

Hari ini dunia kripto dan aset digital telah diimplementasikan dan diadaptasi ke banyak proyek-proyek real dalam kehidupan sehari-hari. Teknologi blockchain dalam kripto dan asset digital mencoba untuk beradapatasi dengan kehidupan kita, sebagai contohnya yaitu "Prophy" teknologi blockchain yang berfokus pada bidang real estate dan properti, dan teknologi dalam Ethereum yang mana ditujukan untuk desentralisasi aplikasi dengan sangat banyak proyek yang dikerjakan dalam jaringan blockchain Ethereum. Jika kita berbicara tentang mata uang kripto dan asset digital, tentu saja kita tidak bisa melewatkan asset kripto dengan harga tertinggi,  yaitu Bitcoin.

Saat ini harga Bitcoin dibeberapa exchange rata-rata harga 1 Bitcoin 3400$ -  3450$ dan sejarah dari harga Bitcoin ini pernah mencapai harga tertinggi diantara harga 19500$ -  20000$ di Q1 2018. Dengan tingginya harga Bitcoin, orang-orang diseluruh dunia ingin memiliki mata uang Bitcoin, akan tetapi tidak semua orang menginginkan untuk membeli Bitcoin. Ada juga sebagian orang yang mencoba untuk melakukan kejahatan hacker untuk meretas jaringan exchange bitcoin, ini dilakukan sebagai upaya untuk mencuri Bitcoin dan asset digital lainnya dari pusat penyimpanan dana sebuah exchanger.

Sepanjang sejarah panjang Bitcoin, kasus hilangnya dana pengguna dari exchanger telah terjadi dari tahun ke tahun. Sebab terjadinya kasus tersebut dikarenakan tidak semua exchange Bitcoin memiliki tingkat keamanan yg tinggi dalam menyimpan dana pengguna, dan tidak semua dana pengguna disimpan di cold wallet Bitcoin dengan keamanan tertinggi, beberapa exchange memiliki keamanan yg lemah sehingga mudah untuk di hack/ diretas.

Menurut data Cointelegraph.com, kasus pertama pencurian bitcoin terjadi pada exchange Mt. Gox,  yang terjadi di tahun 2011, dan kemudian Mt.Gox mengalami kasus hacker lagi tahun 2014. Hacker mencoba untuk menghubungi dan menjanjikan pihak Mt. Gox sebagai langkah audit exchange, akan tetapi melalui proses auditor tersebut mereka melakukan aksi peretasan/ hacker terhadap exchange Mt. Gox. Pada tahun 2011 total dana yang dicuri oleh hacker dari Mt. Gox  adalah 500,000 BTC atau setara dengan 8.7 Juta Dollar, dan pada kasus yang kedua Mt. Gox kehilangan dana lebih dari 850,000 BTC (sumber: Cointelegraph).

Kasus lain terjadinya hacker bitcoin yaitu pada decentralized exchange Bancor. Menurut data Cointelegraph, Bancor telah diserang oleh hacker pada 9 Juli 2018. Pihak Hacker mencoba menarik dana/ melakukan withdraw dana asset digital yang totalnya mencapai 23 Juta Dollar dari wallet (Hot Wallet) Exchange Bancor. Pihak Hacker dapat menjalankan aksinya melalui smart contract yang berjalan dalam exchange Bancor. Saat terjadi proses dan aktifitas yang dilakukan oleh hacker, pihak Bancor mengetahui hal tersebut dan mengambil langkah untuk membekukan transaksi hacker yang sedang berjalan melalui smart contract decentralized exchange Bancor.

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Melalui dua kasus tersebut, kita dapat mengetahui bahwa bagaimana tingkat keamanan sebuah exchange sangatlah penting, baik itu bagi pihak exchanger maupun bagi pengguna exchange tersebut, khususnya sebagai market perdagangan digital asset dan sebagai penyimpanan asset Bitcoin. Exchange harus meyakinkan penggunanya bahwa digital asset milik pengguna yang disimpan atau diperdagangkan di exchange mereka tersimpan di wallet exchange dengan tingkat keamanan tertinggi.

Keamanan harus menjadi prioritas utama exchange cryptocurrency sehingga pengguna merasa nyaman dan aman melakukan aktivitas trading dan menyimpan digital asset miliknya. Ethan Ng, leader dari Huobi Global Vietnam dalam forum seminar “"Vietnam Cryptocurrencies and Digital Assets Dialogue 2018" September 2018 mengungkapkan “Saat ini kita hadir dizaman industry dan mengembangkannya agar dapat diterima oleh pengguna. Sebagai langkah untuk memfasilitasi hal ini, kami, sebagai industry, harus meyakinkan dan memastikan bahwa public merasa aman – dan yang lebih penting adalah bahwa mereka aman dalam menggunakan platform kami.”

Menurut data dari Huobi Blog, Huobi Security Reserve meningkatkan perlindungan cybersecurity untuk mencegah kemungkinan terjadinya aktivitas kriminal, termasuk didalamnya yaitu dilakukannya tes proteksi oleh pihak ketiga pada jaringan Huobi Security dan staff huobi security yang bekerja full-time yang mana mereka telah ditrainer dalam protocol bitcoin. Huobi Security memprioritaskan bagi keamanan dana klien Huobi.

Ethan Ng mengungkapkan bahwa perlunya standar khusus bagi exchange digital asset dan harus mempunya beberapa poin berikut; 

- Exchange harus memastikan bahwa jika terjadi sesuatu yang mengakibatkan hilangnya dana pengguna akibat kesalahan exchange, maka pihak exchange harus siap mengganti semua kerugian pengguna mereka. Huobi Global memberikan perlindungan dana invrstor untuk mengcover dana klien mereka, jika dikemudian hari terjadi sesuatu akibat kesalahan system exchange. Sebagai contoh, bahwa Huobi Security Reserve memiliki dana 20,000 BTC sebagai dana perlindungan bagi klien Huobi. Dana ini terbagi 20% dalam asset Huobi Token (HT) dari program buyback Huobi.

– Exchange harus memiliki tingkat keamanan tertinggi pada Wallet/ Dompet Digital Asset.

– Huobi menyimpan 98% dana klien nya dengan lebih aman yaitu dalam cold-wallet, dibandingkan jika menyimpan pada hot-wallet yang kemanannya rendah. Huobi security wallet protection mengamankan dana klien untuk melindungi dari tindak kejahatan Hacker.

– Huobi merupakan exchange pertama yang menerapkan SMARTChain evaluation model. Metodelogi SMARTChain evaluation model adalah bagaimana untuk menyaring dan mengimplementasikan proyek Blockchain, Latar belakang Team proyek tersebut, termasuk koin, Teknologi Platform, Asset dan Token yang berbasis dalam Asset Real. Team Huobi mencari informasi lebih banyak dan melakukan research/ penelitian terhadap sejauh mana tingkat potensial nilai/ value dari asset blockchain dengan control internal yang tinggi. Hali ini dilakukan untuk mencegah kecurangan pihak development sebelum asset digital proyeknya terdaftar / listing di market Huobi.

– Semua klien pengguna Huobi Global harus mengamankan aktivitas login mereka, kami menghimbau bagi klien untuk menggunakan 2 langkah autentifikasi dengan mengaktifkan fitur keamanan Google Authenticator.

Huobi Global memiliki sejarah perjalan yang panjang dalam dunia kripto sejak tahun 2013. Menurut data Coinmarketcap.com, Huobi Global merupakan Top 3 Exchange dengan volume perdagangan terbesar ke 3 diseluruh dunia. Huobi Global memberikan layanan yang dapat dipercaya klien, aman bagi perdagangan digital asset dan aktif di 130 negara diseluruh dunia. Huobi Global telah memiliki pengalaman lebih dari 5 tahun dalam mengakomodir asset keuangan digital dan melayani jutaan pengguna dengan mengatur dana lebih dari 10 Milliar dollar asset digital, Struktur Teknologi desentralisasi  dan Sistem Perlindungan anti-DDOS. Anda dapat mencoba menggunakan fitur perdagangan di market Huobi dengan membuat akun  Huobi Pro melalui link berikut.

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Nasdaq Is Now Working With 7 Cryptocurrency Exchanges

Bitcoin Blockchain News

Nasdaq Is Now Working With 7 Cryptocurrency Exchanges

fikri 7:03:00 PM 4 Komentar

Nasdaq Is Now Working With 7 Cryptocurrency Exchanges

Write by Michael del Castillo, Forbes Staff

Cryptocurrency exchanges who want to use Nasdaq’s proprietary surveillance technology need to have more than money. A team of about 20 people contribute to helping in an elaborate due-diligence process aimed at ensuring that any exchange who wants to use the technology that scans for fraudulent transaction patterns is both technically capable, and morally inclined to use the powerful software wisely.

For exchanges who pass the test (and can foot the bill) they’ll be granted access to the same surveillance technology Nasdaq itself uses to ensure its clients that trading volume is as free from fraud and manipulation as possible.

So far, seven cryptocurrency exchanges have passed Nasdaq’s muster, according to a Nasdaq representative speaking with Forbes, though only two, Gemini and SBI Virtual Currency, have been publicized. As more cryptocurrency exchanges seek to lure new customers, the assurance of Nasdaq’s technology is already being used to attract institutions and traders used to more mainstream venues.

During a briefing with members of media today, Nasdaq’s head of exchange and regulator surveillance team, Tony Sio, who works within the market surveillance division, shared the questions every cryptocurrency exchange must answer as part of a larger presentation on the state of the industry around the world.

 “Historically, we don’t do such a large vetting process for our clients because they are much more well-known,” said Sio. “But as we started working with less well-known names, startups, then we realized we needed to do this check process.”

During the briefing at Nasdaq’s offices earlier today, Sio presented a detailed overview of how the company on-boards its crypto exchange clients, broken down in to three categories: Business Model, KYC/AML, and Exchange Governance & Controls. While the press briefing was for educational purposes, in an interview following, Sio provided Forbes with further context, explaining how his team of legal and technical experts use the criteria to evaluate possible customers for risk. Not everyone makes the cut, he says.

The first section of a document, titled “Key Questions to Ask When Evaluating a Cryptocurrency Exchange,” was called “Business Model.” Of the questions in that section, one jumped out: “How reputable are the products available to trade on the venue?” What’s interesting about this is that it shows Nasdaq is concerned about who is using crypto assets, and how they are being used.

As questions about the importance of how a crypto asset was used in the past (Was it used to buy drugs? Does that matter?) continue to be sorted out, this point will likely only continue to raise in value.

The second section of the document is called “KYC/AML,” which stands for know-your-customer/anti-money laundering. Like the questions about business models, the most interesting question in this section relates to reputation. “What is the organizational structure and what are the founders’ backgrounds (i.e. tech expertise, financial markets expertise, etc.).” What stands out about this question is the importance that past experience plays. From the early days of cryptocurrency, and now into other crypto-assets, the industry’s biggest value proposition was that it would democratize finance and a wide range of industries by letting retail consumers build and manage their own financial products.

Instead of innovation coming from the top down, crypto would be grassroots. While Nasdaq has shown a willingness to work with some unusual clients in the cryptospace, the ones we know about support what these questions reveal about Nasdaq’s interest in working with proven entities, something other regulated exchanges and technology providers will likely follow. In the third and final section of the “key questions” document, “Are crypto asset listing standards in place?” is the most insightful. 

While some of the largest cryptocurrency exchanges, like Circle (which owns the Poloniex exchange) and Coinbase, publicly post their new asset listing process, others are much more opaque, leaving open the door to pay-to-play allegations and other potentially fraudulent activity.

Most recently, in June 2018 SBI Virtual Currencies run by Japanese financial giant SBI Holdings, announced it was using Nasdaq’s matching system. Before that, in April 2018, the heavily licensed Gemini cryptocurrency exchange run by Tyler and Cameron Winklevoss, announced it was using Nasdaq’s SMARTS surveillance system. “Our deployment of Nasdaq’s SMARTS Market Surveillance will help ensure that Gemini is a rules-based marketplace for all market participants,” said Gemini CEO Tyler Winklevoss in a statement at the time. Beyond providing technical support to these exchanges, Nasdaq’s interest in blockchain has been largely limited to investing in other non-cryptocurrency applications of the technology.

In September 2015 Nasdaq joined a $30 million investment round in Chain, a blockchain startup that eventually partnered with Nasdaq to launch Linq, a platform for issuing private equities. Then, last week Nasdaq led a $20 million investment in Symbiont, another blockchain company building services that eliminate middlemen in traditional financial workflows. While competitors like the New York Stock Exchange have partnered with Microsoft and Starbucks to launch its own cryptocurrency exchange, Bakkt, later this year, Nasdaq’s cryptocurrency exchange guidelines are likely to be limited to providing technical support for now.

“The objective that we’re trying to work with crypto, is we see this as a growing asset class,” says Sio. “So we’re working to help provide our technology, it could be around matching, it could be around surveillance, to help our customers as they grow their marketplaces.”

Source: Write by Michael del Castillo, Forbes Staff

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Public Vote for Huobi Token Future – Airdrop HT or Burned HT ?

Bitcoin Blockchain News

Public Vote for Huobi Token Future – Airdrop HT or Burned HT ?

fikri 6:18:00 PM 155 Komentar

Public Vote for Huobi Token Future – Airdrop HT or Burned HT ?

Huobi, Leading of Digital Asset and Cryptocurrency Exchange announced that Huobi will be started a buyback HT (Huobi Token) program. This will be big chance for every holder of HT for making profit through holder HT. Currently, for started HT Buyback Program, Huobi will be used 20% funds of quarterly revenue Huobi and then Huobi giving back HT as airdrop to every Huobi Token holder. Today Huobi make announcement that 20% of quarterly revenue from HT buyback program will be airdropped to HT Holder or HT from buyback program will be burned ? This choice will be hearing from Public Voted.

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Huobi is not just a Cryptocurrency Exchange - Huobi is Leading of Blockchain Ecosystem

Bitcoin Blockchain News

Huobi is not just a Cryptocurrency Exchange - Huobi is Leading of Blockchain Ecosystem

fikri 5:00:00 AM 8 Komentar

Huobi is not just a Cryptocurrency Exchange - Huobi  is Leading of Blockchain Ecosystem

Last week Huobi announced that Huobi Group have new Vice President Livio Weng. He is graduated from Tsinghua University with a Master's Degree in Software Engineering. Professional background of Livio Weng that is in fintech start-ups, peer to peer financial lending platform and social networking app with target users students in university. Before to be Vice president of Huobi Group, Livio Weng is Vice President of Jiedaibao, the peer to peer financial landing platform in Chinese which is raised over $600M asset to date. For know more about Livio Weng new President of Huobi Group you can read more exclusive interview with Livio Weng and How Huobi Group will be Leading in Crypto Industry.

Huobi Provide almost of all sector in Blockchain Ecosystem

Huobi Group is not just a Cryptocurrency Exchange, Huobi also provide almost of all sector in Blockchain Ecosystem. With many years experience of Huobi with their users, client project and crypto community, Huobi know what they need to be leading of Blockchain ecosystem and leading of Digital Asset Exchange. In addition Huobi Global is top three exchange in trading volume around the world. In 2018, Huobi Ecosystem is massive, Huobi has a mining pool, called Huobi Pool which is facilitates users to mining various types of cryptocurrency, on Huobi Pool there are so much community from EOS developer.

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For new users who want to learn more about quality blockchain project to adapted in real life, Huobi provide service Huobi Project Center.

In Investment sector, Huobi have two venture capital that is Huobi Capital and Huobi Global Ecosystem Fund, through this funds Huobi ensure users and clients to convenient when make partnership to developed blockchain project together with Huobi and for users to ensure security when they trade or save digital asset on Huobi Global Exchange.

Reduced Risk and Convenient to used stablecoin HUSD

Huobi Group has been released HUSD a Universal Stablecoin by Huobi. Benefit of HUSD is when users make deposit fund on four stablecoins (PAX, TUSD, USDC, GUSD) to their Huobi Global Account, it will be automatically converted to HUSD, 1 HUSD : 1 Stablecoin. For example,  you can make deposits to your account with 5 PAX stablecoins, then you have 5 HUSD,  when you want to make withdrawal you can choose what stablecoins you need, its free  converted through HUSD you can withdrawal 5 TUSD or 5 GUSD. With this way you can removed fee and reduced risk with bear market of stablecoin when make conversion in four stablecoins (PAX, TUSD, USDC, GUSD). For ensure and keep value of four stablecoin, Huobi also continue make audit in stablecoins price and stablecoins team.

Huobi Wallet Support to Store EOS Asset 

Huobi Group also released Huobi Wallet which is provides services to save multi currency digital asset and support to store multi chain digital asset. Huobi Wallet support BTC, BCH, ETH, EOS, ETC, LTC and all ERC20 Token, including USDT, PAX, TUSD, USDC, GUSD and other stablecoins. Fast and efficient to  store and exchange between different chains. For expanded service on Huobi Wallet products, especially on DPos Digital Asset, Huobi Wallet announced that is supported to store EOS. "EOS is among the most important Delegated Proof-of-Stake (DPoS) currencies so it was a natural choice for us to include on Huobi Wallet," said Huobi Group Vice President Livio Weng. Huobi Wallet available for Android users and IoS, you can try feature of Huobi Wallet and Download it from Official Huobi Wallet Website. Buy Digital Asset in Huobi Global and Store your Asset in Huobi Wallet ! Just  click this link for Create New Huobi Global Account to being a part of users Leading Digital Asset Exchange and Leading of Blockchain Ecosystem Huobi Group.

With many more innovation from Huobi to facilitate miner in Huobi Pool, serve investment venture and organizations to make investment in Huobi Capital, serve development quality blockchain project to make partnership with Huobi Group in Huobi Global Ecosystem Fund and Huobi Ecological Zone, expanding business in US Francisco with US Blockchain Project through Blockchain Incubator called Huobi Labs, serve users and crypto community to each other communicate in Huobi Community for selected quality blockchain project to voted with HT (Huobi Token) for listed in Huobi Next, and released Huobi wallet with support EOS asset,  so what next innovation and big news from Huobi Group in November and December, last month of 2018 year? Vice President of Huobi Group in their exclusive interview said "people may hear some very big news from us in December".

Like I said, Huobi is not just a Digital Asset Exchange, Huobi is a ecosystem of Blockchain Project, there are many blockchain project and digital asset make partnership and listed on Huobi Global Exchange. With Huobi, you can feeling convenient to trade and store digital asset.  Just click this link for Create New Huobi Global Account to being a part of users Leading Digital Asset Exchange and Leading of Blockchain Ecosystem Huobi Group.

#Huobi #Ecosystem, #HUSD, #Wallet Support EOS, #What’s Next?

Disclaimer; The materials provided here is in general nature and does not take into your objectives, financial situation or yours needs. I share my prespective and my experience to provided my knowledge for readers this article. Consider your investment objectives, level of experience, and your financial resources, please research more information from source and official website to ensure yourself before your made investment in Digital Asset.

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How to Selected Safe and Secure Crypto Exchange

Bitcoin News

How to Selected Safe and Secure Crypto Exchange

fikri 4:32:00 AM 88 Komentar

Today Cryptocurrency world is implemented and adapted to many real project.  Blockchain technology on crypto and digital asset is trying to adapted in real life, for example is on blockchain technology which is focused to real estate and property,  Prophy and technology on Ethereum which is focused to Decentralized App with so much project work on Ethereum Blockchain. If we talking about cryptocurrency and digital asset, of course we can't leave the biggest price of crypto asset,  that is Bitcoin. Today Bitcoin price on exchange at average 6350  US Dollar and history of Bitcoin price was hit all time high price at average 19500 -  20000 US Dollar in Q1 2018.

With the high price of Bitcoin, people around the world want to have bitcoin, but not all people want to buy Bitcoin to have them. other people is trying to stolen Bitcoin from bitcoin wallet,  which is they are trying to hacked exchange for stolen bitcoin and other digital asset from exchange wallet and from fund storage exchange. In Bitcoin journey History, case of loss funds from  exchange user was happening year by year. Reason of this case its because not all of Bitcoin exchange have high security to safety user fund,  and not all of funds saved on cold wallet storage with high security protection, some of exchange funds have less secured.

According to Cointelegraph.com, First case of stolen funds from exchange its Mt.Gox, which is hacked in 2011, and then Mt. Gox hacked again in 2014. Hacker trying to contact and compromised user account on Mt. Gox for auditor of exchange, but with this through they hacked Mt. Gox exchange ! . In 2011 total stolen funds on Mt. Gox is 500,000 BTC or equivalent to $8.75 million, and on second case Mt. Gox loss more fund,  850,000 BTC.

Source: https://cointelegraph.com

Other hacked case on Bitcoin,  its on decentralized exchange Bancor. Cointelegraph.com reported Bancor was attacked by hackers on July 9, 2018. Hackers is trying to withdraw $23 Million funds from the exchange’s hot wallet. Hacker can hacked Bancor through their own bancor smart contract. After Bancor know about hackers activities to withdraw funds, bancor Decentralized Exchange frozen hackers transaction on their exchange through smart contract.

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From that twice case, we know how its really important to selected secured and safety exchange for trade and saved digital asset especially for saving Bitcoin. Exchange need to ensure user, which is their asset its secured to saved on exchange wallet. Security must be first priority on Cryptocurrency Exchange for convenient user. Ethan Ng, leader of Huobi Global Vietnam at the "Vietnam Cryptocurrencies and Digital Assets Dialogue 2018" on September, say that, "We are coming of age as an industry and evolving into true mainstream acceptance. In order facilitate this, we, as an industry, must make sure that the public feels secure – and even more importantly, that they are secure. ” Reported on Huobi Blog. Huobi Security Reserve robust cybersecurity protections to prevent criminal activity, including third-party penetration testing to network of Huobi security and a full-time security staff which has been trained in bitcoin protocol. All of that its for comfortable user to trade and saving their digital asset on account Huobi Global. Huobi Security its priority for secured Huobi client funds.

Source: https://huobiblog.com

Ethan Ng said, standard for industry of digital asset exchange must be have this point :

- Exchange need to ensure user for giving back user funds if user loss fund  because mistake of exchange. Huobi Global dedicated user protection funds to compensate clients for losses incurred due to exchange security failures. For example, Huobi Security Reserve fund have 20,000 BTC funds as well as the Huobi User Protection Fund. This funded by 20% of all Huobi Token (HT) bought back by Huobi. Protection funds will be ensure Huobi user which is Huobi have funds for compensation client funds if exchange security failures.

-Stringent wallet protection. Huobi stores 98% of its client funds in more-secure cold wallets, rather than less-secure hot wallets. Huobi security wallet protection secured funds to protect wallet from hackers.

-Huobi has pioneered running exchange via SMARTChain evaluation model. Methodology structure of SMARTChain evaluation model is how to implemented blockchain project, background team of project including Coin, Technology Platform, Asset and Token Based On The Real Asset. Huobi team explored and make research the potential value of blockchain asset with strong internal controls to prevent fraudulent coins from being listed on  Huobi exchange.

-All client need to secured login activity on exchange account. For login security, every Huobi user suggested to use security login with 2-factor authentication enabled.

Huobi Global was have long journey in cryptocurrency wold since 2013. According to CoinMarketCap Huobi Global its Top 3 higher volume exchange which is provides reliable, secure digital asset trading in 130 countries around the world. Huobi Global was have five years of experience in digital asset financial services and serve millions of users by managing assets with the size of over  $10 billion, technology decentralized structure and anti-DDOS protection system. You can try to used Huobi Global feature, and Register new Huobi Global account following this link.

Disclaimer; The materials provided here is in general nature and does not take into your objectives, financial situation or yours needs. I share my prespective and my experience to provided my knowledge for readers this article. Consider your investment objectives, level of experience, and your financial resources, please research more information from source and official website to ensure yourself before your made investment in Digital Asset.

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The material provided herein is general in nature and does not take into account your objectives, financial situation or needs. 

While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. For the avoidance of doubt, this article is solely intended to be for general information only and does not in any way constitute as professional advice or financial advice. This is not an invitation or an offer to buy or sell cryptocurrencies, not is it a recommendation to buy or sell specific types of cryptocurrencies. Trading cryptocurrencies carries a high level of risk that may not be suitable for some.

Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice.

Please Research More Information to ensure yourself before buy or sell and made investment in Digital Asset.

 

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