Americans Can Pick Up EOS Tokens On BITFINEX

Americans Can Pick Up EOS Tokens On BITFINEX

Many people believe the EOS project will help create a new and better path for decentralized ecosystems and economies. EOS tokens have the ability to take cryptocurrency to new heights.

EOS has been described as the “Ethereum Killer” and will “build on more than 4 years of continuous development and innovation from the BitShares and Steem community”. Source

From the EOS WhitePaper:

The EOS.IO software introduces a new blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This is achieved by creating an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across hundreds of CPU cores or clusters. The resulting technology is a blockchain architecture that scales to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment of decentralized applications.

Source: Block.one

Dan Larimer is leading the EOS project as the CTO.  He brought many innovations to the distributed ledger scene with BitShares and Steemit and his blockchain advocates say he will do even more impressive things with EOS.

 

There Are Now 3 Ways To Pick Up EOS Tokens

 

  1. Pick up EOS tokens on exchanges like Bitfinex or Kraken.
  2. Via the EOS ICO windows on Ethereum.
  3. Via the Exchange in the Exodus Wallet.

For Block One’s protection, US citizens and residents are not technically supposed to purchase EOS tokens via the ICO window, although many will by using VPNs.

Bitfinex is allowing EOS trading for US residents. We know this for a fact because we tested the process with US resident credentials on Bitfinex.

The Ethereum ICO (initial coin offering) for EOS will last an entire year. The first 20% of tokens were released during the first five days of the ICO. Another 70% of the token supply will be distributed in equal amounts everyday over the remainder of the year. Each day you can participate in the ICO window and purchase EOS. The last 10% of tokens are being held by EOS.

Any EOS picked up in 2017 is likely to produce huge returns over the next 5-10 years. We have high hopes for this blockchain project.

*If you do pickup EOS on the exchanges, you will need to make sure you have extracted your tokens to an Ethereum wallet before the real EOS token release next year. Moreover, this wallet must allow you to hold the private keys. This is very important.  You will want to claim the real tokens on the EOS blockchain. What is out right now is the ICO crowdfund token on Ethereum.

EOS Consensus Presentation May 2017

$2000 Bitcoin Is Coming, Says Kim Dotcom

$2000 Bitcoin Is Coming, Says Kim Dotcom

Kim Dotcom is predicting the price of Bitcoin will rise to $2000 in 2017. He covers how and why in a few recent tweets:

 

Who Is Kim Dotcom?

Kim Schmitz Bitcoin

Kim Dotcom is an internet entrepreneur who is famous for founding the website Megaupload. To which he reportedly made $175 million from. Megaupload was simply a website that allowed large file transfers between users.  In January of 2012, Kim Dotcom’s house was raided after the US Government, New Zealand Government and Hollywood accused him of copyright infringement via Megaupload. This happened one day after the Stop Online Piracy Act died in the US Congress.

Kim Dotcom’s real name is Kim Schmitz. And he is dedicating his life to fighting for internet freedom.

Governments undermine human rights, destroy freedoms, censor the internet. Kim Dotcom is an innovator who is fighting against government terror. As a result Governments are attacking him. Currently Kim Dotcom lives in New Zealand, while the US is tries to extradite him on charges of racketeering, money laundering, and criminal copyright violation.

These charges are nonsense. If you want to understand why intellectual property (IP) is bad for innovation and humanity as a whole, read Against Intellectual Property by Stephan Kinsella

 

How Bitcoin Will Reach $2000

Kim Dotcom believes that his new project, Megaupload 2.0 will launch the price of Bitcoin to over $2000.

Megaupload 2.0 will outsource file-hosting and prevent take down abuse. Bitcache will provide a new and improved layer of encryption and micro-payments using Bitcoin. Both Megaupload 2.0 and Bitcache will launch January 20th, 2017.

Bitcache purports to be a blockchain-powered method of attaching Bitcoin microtransactions to file transfers. Other endeavors have sought to intertwine the two in the past, with last year’s release of Joystream, a torrent client which pays users for sharing files in an effort to stabilize the distribution of files. Joystream works by creating a market for consumer bandwidth. Conversely, Bitcache will underpin the second version of Megaupload. The general purpose of Bitcache will be to attach a value to every file download as well as protect user privacy through encryption.

Megaupload made file sharing possible for those who had trouble making use of torrent applications for various reasons. Various internet service providers around the world interrupt torrent traffic, but since Megaupload transactions took place over the HTTP protocol, they would have worked in many cases. Dotcom seems to believe that Bitcache will provide a similar mainstream appeal for Bitcoin. Users downloading files through the service will become familiar with Bitcoin in that they will apparently need to acquire it to activate downloads.

Source: cryptocoinsnews.com