Bitcoin Network Healthier Than Ever as Hash Rate Rises Rapidly, Despite 60% Price Drop Since December

The Bitcoin network is healthier than ever as its hash rate continues to grow nearly exponentially in the long term, despite the tremendous 60% price drop from 20,000 USD to 7,500 USD since December 2017.

Miners cryptographically hash transactions into blocks and add them to the blockchain, and this is how the Bitcoin network is maintained and secured. Miners receive freshly minted from the block reward and transaction fees in return for their efforts, and this has become a very popular source of income in the cryptocurrency world.

The hash rate is the amount of cryptographic hashes processed by computers per second  and is a good measure of the total processing power Bitcoin miners are contributing and is perhaps a good measure of the health of the Bitcoin network for a couple of reasons. The difficulty of hashing increases as hash rate rises, and therefore as hash rate rises Bitcoin becomes more cryptographically secure. Also a rising hash rate indicates that Bitcoin is becoming more popular, since more people are dedicating processing power to trying to obtain Bitcoins through mining.

In the long term the hash rate has been rising practically exponentially, going from about 800,000 TH/s at the beginning of 2016, 2 million TH/s at the beginning of 2017, to 16 million TH/s at the start of 2018, and now sits near 31 million TH/s. This is a good metric of how Bitcoin has been spreading globally and it’s use rising exponentially during that time.

Bitcoin’s price hit an all-time record high near 20,000 USD per coin in early December 2017, and since then has been on a pretty swift decline which has brought it down to 7,500 USD per coin at the time of this writing. Hundreds of billions of dollars have exited the Bitcoin market as a result. Despite this huge 60+% price drop, the network hash rate has gone up approximately 140% from 13 million TH/s to 31 million TH/s at the same time.

This rapid rise in mining power on the Bitcoin network indicates that the consensus of miners think Bitcoin won’t be dropping in the long term, or they wouldn’t be investing tremendous amounts of money into their Bitcoin mining equipment.

The rise in hash rate also suggests that Bitcoin continues to be the #1 cryptocurrency and is the cryptocurrency that most miners decide to focus their efforts on since it has been and continues to be the gold standard of the cryptocurrency world.

Bitcoin is by far more widely used than any other cryptocurrency, since it is the first and truly the essence of what a cryptocurrency should be from the time it launched in 2009. It is cryptographically secure, and allows users to send money anywhere in the world instantly for anything they want to purchase, and is a lot more private than any other long-distance payment method like banks or Western Union.

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TrakInvest to Build its App on Hedera Hashgraph Next Generation Distributed Ledger Technology

TrakInvest is a virtual trading platform from Singapore. The company’s aim is to tokenize academic certifications, reputation systems, and trading data ownership.

TrakInvest have recently announced that they plan to migrate the native TrakInvest platform over to the Hedera Hashgraph. The company’s primary focus has been on providing online certifications, upskilling programs, and job opportunities through its strategic partnerships with universities, corporations and governments.

TrakInvest plans to leverage Heder Hashgraph for its Digital Certifications Program (DCP), this in turn will create the process and infrastructure to bring academic certifications for Asian institutions to the public distributed ledger.

The TrakInvest team are very proud to be working with Hedera hashgraph on a number of initiatives. TrakInvest believe the Hedera technology will be put to full utilization and provide the best class for the platform. The team are excited to execute the technology in its current and planned product offerings including certifications, Trak A.I prediction tools, and financial products.

Learn, Share and Earn

The Learn, Share and Earn model has been made to give power back to the retail investor, The concept of track records and transparency is something this model has jaded for a while. TrakInvest aims to utilize both these key points to provide institutional grade analytical and A.I tools to enable better decision making.

A key factor in the TrakInvest platform is the “TRAK” feature, this allows users to follow/share their real-time trading data with fellow users for a small fee. Hedera hashgraph ability to process hundreds of thousands of transactions per second. This makes TrakInvest the ideal choice for platforms dealing with micropayments and other high-volume transactions.

Artificial Intelligence

The A.I Engine tool is set to be launched in August 2018, the focus is to unlock crypto market insights from general market data. TrakInvest A.I Engine has three key features, TrakInvest Knowledge Graph, Sentiment Engine and Continuous Learning.

The platform is set to be a diverse and intelligent and will be able to keep up with any impending related challenges. Users will be able to use the native TRAK token to access TrakInvest AI Engine in order for them to gain superior insights and make more informed investment decisions.

TrakInvest aim to solve sore points and continuously deliver value to a customer. The key to scaling any business is migrating the risk. The TrakInvest platform is about to switch over to Hedera Hashgraph, this is expected to provide a new set of benefits for pre existing TrakInvest users and our partner institutions including significant improvements.

The Hedera Hashgraph is a public ledger that will address a number of the existing DLT constraints related to speed, fairness, cost and security.  

About TrakInvest

TrakInvest is an intelligent virtual social trading platform powered by a proprietary A.I engine. The company originated in Singapore with operations across East-Asia. The company has been operational for 4 years with over 100,000 users. TrakInvest recently completed a successful token event raising USD 33 million.

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PR: DESICO Will Protect Token Sale Contributions – Here’s How

Bitcoin Press Release: The biggest problem facing the token sale industry today is utility tokens posing as security tokens. This issue is the largest threat to the credibility, widespread adoption, and the acknowledgment of blockchain. DESICO will address these obstacles by creating the necessary infrastructure to issue, buy, and sell security tokens in full compliance with the law.

18th May 2018, Vilnius, Lithuania –  Many token sales these days issue utility tokens. However, they make promises to token buyers that only security tokens are able to deliver. For example, there are numerous token sale events that have raised millions of US dollars by promising part of their income or revenue to their utility token holders. This is the reason why in mid-2017, the U.S. Securities and Exchange Commission, the SEC, began a crackdown not only on these borderline-fraudulent token sales, but also on the token sale industry as a whole.

This is why experts agree that security tokens are crypto’s next megatrend. Only the lack of necessary infrastructure is what is currently stopping their widespread adoption.

“Everybody in the blockchain community agrees that security tokens are the future of crypto,” said DESICO founder, Laimonas Noreika. “Unfortunately, the lack of legal frameworks and infrastructure to issue security tokens is why we do not see any security token crowdsales. DESICO will change this by creating the world’s first platform to issue, buy, and sell security tokens in full compliance with the law.”

How it Works

The DESICO ecosystem will include a regulated crowdfunding platform to issue security tokens, and an exchange that will provide liquidity to security tokens issued via DESICO from day one. DESICO will also have a payment system based on the European e-money licence. This means that it will able to provide token sales with IBAN accounts from the very first day they become listed on the DESICO platform.

DESICO has been praised by the Head of the Nordic Crowdfunding Alliance, Dr. Rotem Shneor, who tipped it to be a future “international champion” for equity crowdfunding.

Businesses from all over the world will be eligible to issue security tokens via DESICO. DESICO is conducting its global operations from Lithuania, a European Union and Eurozone member state. This is due to Lithuania’s favourable crowdfunding laws and governmental support from institutions such as the Ministry of Finance of the Republic of Lithuania, and the Enterprise Lithuania business development agency. The DESICO platform is also subject to regulation from the Bank of Lithuania, which is under the control of the European Central Bank.

About DESICO

DESICO has assembled a team of international advisors who will bring a wealth of global experience from the fields of business development, crowdfunding, and technology. Among them are European Commision Expert Advisor on Alternative Finance, Ronald Kleverlaan; Electronic Arts founding team member, Jeff Burton, plus global fintech influencer and Daily Fintech co-founder and author, Dr. Efi Pylarinou.

Visit the Website – https://www.desico.io/
Chat on Telegram – https://t.me/desicochat
Read the Whitepaper – https://www.desico.io/whitepaper
Meet the Team – https://www.desico.io/#team
View on Youtube – https://www.youtube.com/watch?v=YWfUDU7m1LQ

Media Contact
Name: Vytautas Matulevicius
Contact Email: vytautas@desico.io

DESICO is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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CoinMetro Has Compliance at its Core with Estonian Trading Licence

The impact of cryptocurrencies is continuing to shape the modern world. Countless industries are being entirely revamped and improved thanks to blockchain technology. The crypto world is full of exchange platforms and more will come along in the future. Some will flourish and many will fade away. This is partly do to the void between the conventional and crypto spheres. Blockchain is undoubtedly revolutionary and the technology is certainly here to stay. However, mainstream adoption on a global scale is yet to be realised. CoinMetro look to change that, by bridging this gap with their all in one trading platform.

CoinMetro has elevated themselves as a leading exchange that is here to stay. A native of Estonia, CoinMetro is situated in a hotbed for cryptocurrencies. They are in a fortunate position to be based in one of the most crypto friendly countries in the world. Many decentralised platforms offering trading services are following suit by heading to Estonia to acquire licensing to help them accept and exchange both fiat and cryptocurrencies. With transparency as a focus, CoinMetro is leading the way forward by successfully acquiring a trading licence in Estonia.

The trading industry is set to change, with the CoinMetro exchange. Boasting a wealth of experience CoinMetro and the FXPIG brand erupted onto the scene in 2011 with an aim to disrupt the forex industry. They had a unique focus to push transparency and have their clients best interest in mind.

An Estonian License For CoinMetro

CoinMetro has successfully secured a groundbreaking trading license from the Estonian government. The approval has already allowed them to expand their operations in Estonia as they continue to thrive. In the wake of the soon to be launched exchange platform, the masses can hope to enjoy crypto services. Complete with fast transactions on a simple platform that all levels of traders can benefit from. The new platform will promote ease of use and convenience, by offering services such as exchanging fiat for crypto, crypto for fiat and crypto to crypto.  

The approved license serves as a milestone to bridge traditional forex trading with cryptocurrency. Indeed, users are now able to instantly wire money or use their credit card to buy cryptocurrencies on the platform. There is no more waiting with easy and fast transactions as users can also cash out their cryptocurrency to fiat as they please. With such a simple and unique concept users are now able to trade with proficiency, just as they would on a traditional forex platform.

Compliance at its Core

CoinMetro is designed to benefit the masses, by offering an all in one platform set to revamp the industry. Blockchain technology has massively impacted the banking sector and with such regulations, the most acceptable way of bringing cryptocurrencies to light is to comply with these laws and regulations. This is clearly paying off for CoinMetro, as the company is gaining major traction with their regulatory licenses. Their vision is becoming a reality and users will soon be able to enjoy a decentralised trading platform that is familiar and made for everyone.

What CoinMetro Have to Offer

CoinMetro has a lot to offer, their different cryptocurrency services suit the needs of people from all walks of life:

  • The everyday user: When launched, the platform will not only offer an eWallet, but a crypto debit card which users will be able to use to spend their crypto balances, just like a regular debit card.
  • The serious trader: From individuals to institutional investors, the platform will comprise ETCFs, Tokenized Asset Management (TAM) and an exchange to satisfy even the most experienced of traders.
  • The Token sale visionary: By taking care of the whole token sale launch process, including KYC, distribution and listing on its own exchange, CoinMetro will release developers of the burden of coin offerings, allowing them to concentrate on their core objectives of providing blockchain based services.

CoinMetro has a goal to allow users to seamlessly transition between conventional and cryptocurrency trading. Users are provided with an e-wallet within the platform, that is encrypted and secure. The wallets and private keys are held by the users or stored on their behalf, to

optimise security and ease.

CoinMetro is on the verge of bringing the cryptocurrency world to the palm of users hands. With a vision to bring cryptocurrency to the masses, their platform is the key to doing so. To find out more, visit their Website. You can also read the Whitepaper here. CoinMetro also welcomes you to connect on Telegram.

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