Category Archives: Cryptocurrency

Lethean (IntenseCoin) Explained: The Decentralized VPN Cryptocurrency Project

lethean logo

by Jacob Woods

What is Lethean

Lethean, incorporated in the UK, has created a decentralized VPN marketplace. Lethean has been described as the “first Mainnet P2P Virtual Private Network backed by the Blockchain.”

Users can take advantage of the browser extension or the full client VPN. Anyone can mine the coin or operate an exit node to earn LTHN. LTHN is used as payment for the VPN services. This VPN marketplace allows you to select a specific country, price, and speed.

LTHN is a proof-of-work coin based on CryptoNote. Monero is another example of a CryptoNote coin. Lethean, like XMR, uses ring signatures and one-time keys to make transactions unlinkable and untraceable. LTHN uses the CryptoNightR hashing algorithm. LTHN implemented CryptoNightR 10 hours before Monero did.

Introducing Facebook Cryptocurrency Libra

libra cryptocurrency logo

Welcome to Libra. Libra is a global, digitally native, reserve-backed cryptocurrency built on the foundation of blockchain technology. People will be able to send, receive, spend, and secure their money, enabling a more inclusive global financial system.

Our mission is to enable a simple global currency and financial infrastructure that empowers billions of people, and our hope is to create more access to better, cheaper, and open financial services — no matter who you are, where you live, what you do, or how much you have. Find out more at Libra.org. Read the Libra White Paper.

More about Libra from The Verge

Is the Bitcoin Beast Awakening?

bitcoin illustration

After languishing in a bear market that began when BTC hit $20,000 on December 17, 2017, Bitcoin has recently shown some life. On April 2nd the price rose 20% on high volume. The scuttlebut is a whale bought most of it, but either way the entire crypto market rose with its leader.

In the last 7 days Bloom BLT us up 84%, Bitcoin Cash BCH is up 69% and Litecoin LTC is up 42%. Total market cap for all coins went from 143B on March 31st to a high of 183B on April 3rd. It appears the beast could be awakening.

What would you buy now besides the leaders like BTC and Ethereum?

I got my eye on a few. I’ll keep you posted.

Cryptocurrency Capitulation. Have we seen it?

crypto currency

Be patient. Crypto is still in bear mode. Total market cap is currently about 250b near its 52wk low. Could it hit a low of 100b? Conceivably, yes. If that happens, Bitcoin could hit $2000 and Ethereum could hit $300. Anything under those levels I would definitely be buying. Until then I’m watching. Market caps for most coins are still way out of whack. Some alts that I’m watching:

1. Counterparty (XCP)
Price $7.87 Market cap $20.5m
Check out these projects

Counterparty extends Bitcoin’s functionality by “writing in the margins” of regular Bitcoin transactions, opening the door for innovation and advanced features not possible with ordinary Bitcoin software. Counterparty has the following features: user-created assets, distributed exchange, feeds, betting and financial derivatives.

2. Encrypgen (DNA)
Price $.07 Market cap $4.5m

Encrypgen provides customers and partners best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. We empower science, business and individuals to securely and efficiently achieve their goals.

The Disruptors: Emercoin and PortaOne Introduce Blockchain-based, Peer-to-peer VoIP Call Exchange Among Telcos

Blockchain technology is changing the world—and a disruption of legacy call routing—that will take away incumbent telcos’ advantages.

2017 was the year when Bitcoin entered public consciousness, and many had a chance to regret not investing early enough. Things have cooled off some in 2018; now the question is, “What is going to remain of the 2017 cryptocurrency surge in 2019 and afterwards”.

Bitcoin (and other cryptocurrencies) is just one manifestation of the blockchain technology, which enables maintaining a public, distributed and tamper-resistant “ledger” of transactions. It has much broader applications than just cryptocurrency; it will be around when the “bitcoin hangover” is but a memory.

The Bitcoin future is in discussion and forecasts, but blockchain technology is here to stay for good and be a part of our lives. Using the decentralized management of call routing via blockchain technology allows for efficient and secure cooperation of various telecom operators. It is such a major change for the telecom organization and operating costs — so there is no way around it. Operators should join it sooner than later.” ~ Oleg Khovayko, CTO of Emerсoin