KuCoin Shares

KuCoin is the most advanced cryptocurrency exchange.

home link https://www.kucoin.com/

reference material Whitepaper.pdf

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KCS
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To be released
Project introduction

KuCoin is headquartered in Singapore and is an international cryptographic exchange established to provide safe, reliable and easy-to-use trading services to 5 million registered users in more than 100 countries. KuCoin actively embraces many new entrants to the cryptography industry as well as experienced investors, providing a flexible and reliable user experience. KuCoin Shares are KuCoin's own tokens, discounted when you use to pay commissions, used for various events, and voting.

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Medium

KuChain Weekly Report #15

Dear KuChain Community,This week we received one valid vulnerability report, which has been graded as P4 after evaluated by the jury.Congratulations to this submitter!I am here sincerely inviting all developers to join KuChain Betanet Baptism! We wish not to miss any chance to fix every single vulnerability.We will try to be as fair and just as possible. You could appeal if there is any objection.Come and join us quickly, you are the next one to get the rewards!Let’s see the development progress below.1. Basic Logic and Design- Fixing KuChain Betanet bugs in testing, refactored block time mechanism to facilitate changes;- Refactored chain name configuration, reducing the difference between KuChain Betanet branch and KuChain;- Fixing package name problems;2. Plugin Related Logic- Improving KuChain DB table, refactored table structure according to demand;- Fixing DB table bugs in testing;3. API and Test Case Support- Fixing KuChain Betanet bugs in testing;4. Dex- Add Dex module;- Add Dex creation mechanism;- Organizing and adding Deal data structure;CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:GitHub: https://github.com/KuChainNetworkDiscord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialFacebook: https://www.facebook.com/KuChainOfficialTwitter https://twitter.com/KuChainOfficialKuChain Weekly Report #15 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 07. 10

KuCoin AMA Series — Nimiq —...

KuCoin AMA Series — Nimiq — Full TranscriptDear KuCoin Users,Time: 7th, July, 2020, 17:00–18:00 (UTC+8)KuCoin hosted an AMA (Ask-Me-Anything) session with Nimiq in the KuCoin Exchange Telegram Group.Guests:Philipp von Styp-Rekowsky, Tech Lead of Team Nimiq. BA at the German Research Center for Artificial Intelligence. MA at Max Planck Institute for Computer Science. PhD student to Professor Michael Backes at the Information Security and Cryptography Group at CISPA (Center for Cybersecurity, Privacy and Accountability)Supported by Ricardo Barquero, the community manager of the team, Tammo Mamedi, founder of overnice, UX/UI design, and Sven Buschbeck, communications, front-end development and documentation.Introduction to NimiqNimiq is a browser-based Blockchain designed to make blockchain technology simple and easy to access by the mainstream non-techy users. To achieve that, the team has built a new blockchain from the ground up that enables ultra lightweight nodes that run directly in your browser. With a node in the browser, you can access the blockchain directly, without any downloads or installations — and without trusting and middleman. These upgrades essentially do to blockchain what GoogleDocs did to Microsoft Office. The result is a beautiful and easy to use Blockchain Ecosystem that just works.Q&A from KuCoinQ: Can you quickly describe the Nimiq Blockchain? Is it a fork, is it built from scratch? What is its purpose?A: Many projects “simply” fork Bitcoin or create an ERC20 token. But Nimiq built and runs on its own, original blockchain. Why? Because we wanted to create the first blockchain that can run directly in the user’s browser or natively on the phone! Usually, when you use a wallet app to interact with e.g. Bitcoin, that wallet uses an intermediary to connect to the Bitcoin network and doesn’t actually prove the state of the chain itself. But that is not what the crypto revolution is all about, it’s about censorship resistance and decentralization!Nimiq is special because its unique Blockchain allows you to run a node in your browser. No installation, no downloads, it just works. The Nimiq Wallet actually runs a node *in* your browser that communicates directly to the Blockchain. This is a significant step forward in decentralization because you are removing the middleman between you and the Blockchain. But on top of that, we are one of the first projects that focuses heavily on the usability of crypto. So also here, we design and build things from scratch, optimize and test the user experience to get to a very elegant and easy to use user interface. Please try it out!Q: Your team is formed by various researchers, computer science PhDs, mathematicians and cryptographers. As you seem to be a research focused project, are there any unique inventions that you can talk about?A: We have focused on the pain points of crypto adoption and found innovative solutions by creating original work and building on top of existing research in cryptography. Some unique creations are:- Nimiq OASIS: nimiq.com/oasis makes it possible to create Smart-Contracts for fiat (such as USD and EUR), stock certificates, web domains and much more. We built the first product powered by Nimiq OASIS with our partner ten31.com, it allows users to buy and sell crypto directly by doing a Fiat Atomic Swap with crypto (BTC/ETH/NIM for now). You can see a demo here: https://youtu.be/RBQ_6OqVO68- Albatross: nimiq.com/albatross is a new technology that will make Nimiq able to achieve a performance close to the theoretical maximum for single-chain Blockchains while reducing the energy consumption drastically. Here is the technical paper that we wrote about it: https://arxiv.org/abs/1903.01589- Identicons: We added identicons and the IBAN standard to Nimiq addresses, this makes typos basically impossible and clipboard hijacking attacks very easy to spot because each address has an easy to describe avatar, which changes dramatically if you modify just one single character. No more checking the last chars of your crypto address, just compare if the little guy looks similar and you’re good to go. Try them out here: https://nimiq.github.io/iqons/Q: I understand you guys invented Albatross, a new Proof Of Stake algorithm which you are currently implementing for the first time. Can you tell us more about it?A: We introduced an optimistic execution mode in which the network works faster compared to classic pBFT Proof-of-Stake chains like Binance’s. The optimistic case will run whenever there is no “bad guy” attacking the network, making transactions very fast — but as soon as any irregular behaviour is detected, the system will switch back to classic pBFT to resolve the issue and right afterwards turn on optimistic mode again — all automatic. Albatross will improve Nimiq with instant confirmations and 1,000+ transactions per second and is planned to be implemented in Nimiq 2.0. With Nimiq 2.0 users will be able to stake and the inflation of the coin supply will be significantly reduced.Q: You claim to be the ease-of-use crypto. Will it be easy to stake with Nimiq too?A: That’s true, crypto has to be easy and accessible for mass adoption! For staking, we aim for nothing less than the easiest and most convenient staking UX to date. Accessibility and inclusion matters too, users will be able to stake with as little as 1.000 NIM (around $3). In the end, we wish to empower every fan of Nimiq to profit from the staking rewards, no matter how much money or tech skills they have. Additionally, we’re talking with other staking-enabled wallets to add staking for NIM.Q: Can you talk more about Nimiq OASIS? What is the difference with all other crypto-fiat on-ramp providers? How does it benefit NIM?A: OASIS enables atomic swaps between crypto assets and traditional off-chain assets. The cool thing is that it achieves this *without ever touching any crypto*, in fact, OASIS is completely crypto-agnostic. It works by providing an HTLC for off-chain assets e.g. EUR, USD or stocks, which serves as a bridge between the crypto space and the off-chain world, enabling a whole new level of decentralization when it comes to fiat/crypto conversions.We are also building FastSpot, a service powered by OASIS, which aims to be the easiest and safest way to buy and sell crypto and fiat. Each time someone uses it, the 1% fee is used to buy Nimiq of the market, creating scarcity.Q: What is the status of the partnership with TEN31?A: TEN31 and Nimiq share their vision of accessible crypto for everyone. Together, we recently presented OASIS, which is a scheme that enables Fiat HTLCs. OASIS is the building block for FastSpot, a service that allows for registration free buying and selling directly forrom a user’s bank account. Check it out, it’s crazy easy and fast: https://youtu.be/KZq6Ppsw6V0. OASIS will initially be available in the European SEPA network. That’s 22 countries, +2000 banks, 500M people that will be able to do non-custodial crypto-to-fiat swaps.Our partnership doesn’t stop there, together with TEN31’s network (amazing projects like https://www.zilliqa.com/ or https://www.salamantex.com/en/), we are currently exploring quite some projects, but nothing can be disclosed yet.Check out this video with Philipp (our tech lead) and Matthias, CEO of TEN31 to get an idea of how close we guys are :)https://www.youtube.com/watch?v=KZq6Ppsw6V0Q: What are the next steps for Nimiq OASIS?A: We are testing the FastSpot with journalists and potential partners and later plan to roll it out publicly in Europe this year. After that we plan to explore ways to add US Dollar and other currencies by including more banks to the Nimiq OASIS Network.By adding new banking partners, OASIS will be able to support more assets than just Euro, which is going to be the first asset we support at public launch time.Another thing that comes to mind is that we are also exploring how to integrate OASIS with mobile payment systems, such that WeChat Pay or AliPay, which are big in Asian markets.Q: Nimiq seems like a project with great tech but little exposure. Why? Lack of marketing?A: We have been building all our innovative tech before we started doing marketing and showing it to the world. Currently, we are ramping up marketing and outreach quite a bit. This includes AMAs in crypto communities, landing influencer endorsements and coverage and leveraging the size and motivation of our amazing Nimiq Community. In addition, our new business developer and blockchain ambassador Max is already proactively reaching out to important target groups for Nimiq in order to raise awareness and create positive buzz for the project, you can see him in an interview here: https://youtu.be/j-Y_OwgMkT4Q: You plan to change the emission curve​ based on a community decision/vote. Can you tell us more about that?A: Oh that is very interesting and you can actually find a summary about it on this blog post: https://www.nimiq.com/blog/supply-curve-for-nimiq-20-finalized/Nimiq stakeholders started voicing their opinions regarding the possible need to make an adjustment to the NIM supply curve and its inflation towards the end of last year. After hearing the concerns and doing research, Team Nimiq implemented a voting procedure with an app using the Nimiq Blockchain. On June 8, 2020, a decision was reached and the inflation of Nimiq 2.0 will be reduced. You can find all the details in the blog post above.Q: With all that in mind, why would somebody buy NIM right now?A: Nimiq is a low cap coin with original cutting-edge tech and we are just ramping up our marketing efforts. The Albatross Proof-of-Stake consensus algorithm could make Nimiq the fastest chain out there! Nimiq OASIS could become the preferred platform for all crypto/fiat conversions that can be used by providers such as Changelly and other DEXs. And the 1% fee of each fiat/crypto swap is used to buy NIM of the market creating scarcity. Nimiq is one of those hidden gems you don’t want to miss.Q: Why are you planning to support BTC alongside NIM in the new wallet you just released?A: Thanks for that question. Bitcoin and NIM don’t compete — they complete each other: While Bitcoin is the established store of value, NIM is the convenient and fast way to pay while getting staking rewards along the way — both coins have clear roles.This strategy presents several advantages and opportunities: We can leverage BTC to address the wider crypto community with Nimiq’s innovations (easy-to-use Login Files, buying and selling for fiat via OASIS etc.). Irrespectively this will contribute to and strengthen crypto in general — something that genuinely matters to us.If in the end we make BTC a bit better and more accessible, than that’s a win for us too ☺️Ah btw. please check out the brand new wallet: http://wallet.nimiq.com/Q: What other plans do you have to increase the use cases for NIM?A: Right now a percentage of the fee of OASIS will be used to create scarcity. We want to build more products like this. By working with innovative partners such as TEN31, we plan to continue building products that improve the overall usability of crypto — while focusing on Nimiq of course — adding use cases to OASIS and leveraging the speed of Albatross. We have proven that we have the team and the tech to really make a difference plus a mindset to get crypto to the people — so we’re just getting started!Free-AskQ: You boast about your Nimiq 2.0 that will use energy in grain of rice, how does this solve the issues of scalability, security and interoperability and speed and privacyA: Scalability as an ongoing issue that we address with 1000+ TPS with Nimiq 2.0 — similarly to Internet bandwidth, this issue can not be solved because whenever you scale up, new applications will appear. So it is an ongoing aspect we will keep working on — similar to other projects. But with Nimiq 2.0 we will be one of the fastest and thus very relevant in the space. Security via PoS combined with attractive rewards and a very usable UI will make staking very attractive to many users that haven’t staked before. And the more people stake, the better the security of the overall system — so, Nimiq focusing on usability is an advantage over many other PoS blockchains. Next is interoperability: Nimiq supports standard HTLCs, so that opens up all kinds of blockchain-interoperability. But we don’t stop there, OASIS is a new level of interoperability of blockchains — not at all limited to the Nimiq blockchain alone. We feel that diversity makes the crypto space stronger. Speed is answered above. But privacy is indeed a great point! Right after the 2.0 release of Nimiq, we plan to work on private transactions. We consider this to be the next crucial thing to enable everyone to use blockchain technology, to get really everyone involved.Q: What is the use case of Nimiq? Can you give me some reason to buy and hold nimiq?A: Nimiq is a payment network, so it’s premier use case is just that. As a browser-based chain, Nimiq can be integrated very easily in almost every web application, enabling e.g. in-game purchases with minimal effort. Of course, I’m biased so always do your own research, but I think there are many very good reasons to get into NIM now.- Nimiq is unique and has proper USPs like the browser nodes allow true peer-to-peer participation for everyone, super accessible and beautiful UX/UI- Nimiq will switch to its own PoS chain and enable staking in the near future- Nimiq continuously develops original research with results like the OASIS tech, probably enabling the easiest, fastest and cheapest buying of BTC and NIMAnd, to whom it matters, it’s a great team full of idealists that believe in what they are doing and take the values of blockchain and decentralization over quick money any time. Check out our TG. You’ll find that the community is amazing as well.Q: What are the benefits of the partnership between WEG Bank and Nimiq? What’s the main reason behind the collaboration?A: The partnership with TEN31 bank (a brand of WEG Bank) helps Nimiq to work with the SEPA banking system (the banking network system used all over Europe), enabling us to build services like OASIS, our upcoming crypto-to-fiat bridge. OASIS will let the traditional SEPA system understand and interact with blockchain logic, making traditional bank accounts the programmable counterparty of cross-chain transactions. But of course the SEPA area is just the starting point, we are actively looking for more partners to expand to USD, and hopefully soon also towards Asian markets. As you can imagine, this has big legal implications, thus this is a process that will take time. But it’s on-going.To cut a long story short: One day soon you will be able to buy NIM or BTC directly by simply sending a wire from your bank account WITHOUT using an intermediary (centralized) service. it will “just work” and will create a very easy way of buying and selling crypto. That’s one of the main reasons why our partnership with TEN31 / WEG Bank is so important to get this all started.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.KuCoin AMA Series — Nimiq — Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 07. 09

Too Risky To Invest In Bitc...

The crypto world is changing rapidly, and different stories are being told every day. Have you ever seen a millionaire go from having everything to nothing in a second? She has.This time, we invited KuCoin user Adele Qassem, an experienced Egyptian crypto investor, to tell her story about the crypto world.To ensure readability, the following content will be described by Adele:Investing in Bitcoin is less risky than investing in ForexMany think investing in Bitcoin is too risky. In Africa, if you invest in the crypto without leverages, the risk is about the same as traditional investments, if not less.My personal investing experience is quite rich. My first venture into investing started with forex. At that time, I happened to have some trial funds, and invested forex options on a website. The exact name of that website I forgot, but due to a lack of experience, all I invested was lost. This made me realize that I wasn’t a good fit for forex.It was around 2015 when my older sister told me about Bitcoin. At that time, the core idea was “You can make money buying Bitcoin”. I was dubious about that. On the one hand, I didn’t understand Bitcoin and didn’t dare invest in it. On the other hand, at that time, I had just lost money and wanted to recoup it. Keeping that in mind, I decided to take a look at Bitcoin.Unexpectedly, after I learnt about what Bitcoin was and was intending to buy it, my friends began trying to dissuade me. They may have had some doubts about Bitcoin and thought that I might lose my money if I invested too rashly. But I think it’s much safer to invest in Bitcoin in many African countries where exchange rates are unstable and fiat currencies are devaluing. Fortunately, I have open-minded and supportive parents. They said to me, “Adele, go do what you want, and we’ll always support you. But we hope that you will learn to diversify your investments and don’t put all your eggs in one basket. Invest wisely.”I started investing in Bitcoin, but wasn’t yet trading it. I began with investing in Bitcoin cloud mining. I remember searching for the best, most reliable cloud mining operator in Egypt. Ultimately, I chose Genesis Mining, but looking at it from the final revenue, it did not look optimistic. After taking out the cost for electricity and operating expenses from the operator, there was almost no profit.Then, I started trading Bitcoin, which is by far the most lucrative investment I’ve ever had.Looking back over my history of investing in crypto, I bought into BTC, Ethereum, and other mainstream coins, plus other exchange tokens like KCS. In addition to the spot market, I also invested in contracts, margins, and IEOs. After several attempts, I realized that high-risk investments were not for me, and I much preferred to make value investments in the spot market. I don’t have a particularly sophisticated trading strategy, preferring to buy and hold in the long term and wait for my investments to appreciate. So, I’m Crypto Hodler!My caution may have something to do with what happened when I first started investing in Bitcoin.The 10 Bitcoins that disappearedAround 2016, Bitcoin’s price was $1,500. I went through with a one-time purchase of 10 Bitcoins, and then I held onto them for the long term.Unaware, while Bitcoin was approaching the $20,000 mark, my Bitcoin disappeared.It was 2017 when Bitcoin Gold had forked. The Bitcoin Gold project promoted a wallet called “MyBTGWallet” and even posted a tweet with its download info, assuring users that it was safe. Based on the project’s credibility, I transferred all my 10 Bitcoins to this wallet.I never in a million years thought that the Bitcoin Gold project would promote a scam like BTG Wallet. All of my Bitcoin was stolen! After this scam was brought to light, the team’s developers removed the app, but this wallet had already stolen $3 million in Bitcoin, $107,000 in Bitcoin Gold, $72,000 in Litecoin, and $30,000 in Ethereum, and I was one of the victims.After this incident, I didn’t lose faith in Bitcoin but strengthened my determination in crypto. But now that I’m more concerned about safety for my trades and assets, I’ve learned a lesson.From 2016 to now, I have used 8 different crypto exchanges, some of which are still operating normally, and some exchanges, like BTC-e and Cryptopia, have shuttered. Most egregious of all, a global exchange with the initial “B” froze my assets!This was a surprise move. The exchange froze the accounts of users in a number of countries, including Egypt, with no notice or explanation. Egypt is on its restricted list. So, my assets were frozen. Fortunately, after the theft of my Bitcoin, I had spread my money across multiple platforms, so I had only $100 in my account at that time.Egypt currently has no laws or regulations on cryptocurrency. In fact, not long ago, the Egyptian Central Bank was close to issuing a law to regulate cryptocurrency investments. They were temporarily stopped by the sudden onset of COVID-19. The government has been researching how to control the virus, but it has not devoted much energy to the control and supervision of digital currency.At this stage, Egypt’s cryptocurrency industry has an environment that lacks regulation, so investors should still put the security of the assets first. As such, choosing a safe exchange is of utmost importance.As enthusiasm in investment continues, and crypto currency is riding a wave across AfricaIn fact, it’s not only Egypt, but all of Africa that is beginning to recognize the value inherent in cryptocurrency, and recently more and more people are investing in crypto. A crypto wave is washing over Africa.Recently, the number of transactions in Nigeria’s P2P crypto trade market reached a record high with a total turnover of $9.2 million per week. Kenyan trade has also seen a recent spike, with Localbitcoins trade between BTC and the Kenyan shilling producing its second-strongest week on record for the third consecutive time. Transactions in Morocco, Egypt, and other places have also increased in recent weeks.The increase in volume across the continent has also seen P2P volume from Sub Saharan Africa beat out Latin America for the first time.Not only are Bitcoin transactions on the rise, crypto is also becoming a part of African life. Take Egypt as an example. One Egyptian singer named Mahraganat (latest genre of Egyptian music) opened a coffee shop that accepts Bitcoin payment.Facing this situation, the major trading exchanges want to open and quickly occupy markets in Africa. A Chinese exchange that is ranked highly on CMC entered Egypt last year and has a dedicated community there. I’ve used it for a while, but I have always felt like something is missing. This exchange just didn’t put focus on the local market. Whether through its events, or business, I still think it doesn’t particularly attract me.Later, I became attracted to KuCoin due to its community events. It took me a while to figure out why the two exchanges have two different community services. The community manager at KuCoin is a local who better understands the development and user needs here, and it feels very user-friendly. In addition, I found out that KuCoin had no recent cases of coins being stolen, so I moved a large majority of my coins into KuCoin.Cryptocurrency is here to stayIn this age of information, the world is changing all the time, and some of my friends who once advised me not to invest in Bitcoin have started to go all in on cryptocurrency.Unlike conventional investments, cryptocurrency is similar to the Internet. All of them are introducing new things to the world to solve the problems we face now, even to help charities and human development. This is especially so in developing countries like Egypt. Blockchain technology will further change people’s lives in the future. I believe that nothing can stop the places globalization and civilization are going in the near future.Of course, I will still be one of the uncompromising cryptocurrency investors.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.Too Risky To Invest In Bitcoin? That’s Not The Case In Africa | Beautiful people @KuCoin③ was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 07. 08

KuCoin Monthly Report June ...

Monthly Highlight: Kratos Betanet is Official LaunchedIn June, Kratos Betanet was officially launched. Kratos is co-ordinal with KuChain in concept, architecture and resource. Providing an experimental environment, Kratos encourages decentralized financial product pioneers to test and prove their innovative technologies and notions, as well as try out and contribute to KuChain’s various functionalities spanning governance, staking and validating.Kratos builds a four-layer network based on the needs of DeFi and DEX, modularizes the protocol and functions, improves the ease of use of Kratos, reduces the threshold for developer participation, and solves the problems in the DeFi field. Kratos will bring a mass adoption of blockchain and new changes to the industry.KuChain Betanet Events are now ongoing. There’s up to a million dollars of “treasure” for tech “hunters”! See you guys here: https://github.com/KuChainNetworkFollowing the Events, KuChain Testnet — Kratos — will promptly initiate a system upgrade and improvement according to the most constructive proposals — in terms of both technology and concept — brought up by the participants, with the goal to guarantee a stable, secure and fully functional test environment at the time of Kratos’ debut.Please find more news about KuCoin for the month of June below.1. KuCoin Spot Trading Platform1.1 Crypto-to-Crypto Trading*KuCoin Spot trading volume in June was US$ 3.92 billion. The cumulative trading volume in 2020 exceeds US$ 23 billion.*Three new tokens were listed on KuCoin: Xensor(XSR), Paparazzi(PAZZI)and Compound (COMP). As of the end of June, KuCoin supports 257 tokens.*Four new trading pairs were added: AOA/USDT, XSR / USDT, PAZZI / USDT and COMP/USDT. As of the end of May, KuCoin supports 440 trading pairs.*The latest phase of the ST observation ended. The following projects were disqualified and the tokens will be removed from the exchange: Volume (VOL), Genesis Vision (GVT), ODEM (ODE), BOScoin (BOS), Medicalchain (MTN) and Origo (OGO).*KuCoin has updated the projects listed in the KuCoin Plus Trading Area. Based on our comprehensive assessments, ZIL, KNC, OMG, SENSO and DASH-USDT were promoted to the KuCoin Plus Trading Area. XNS were moved back into the Main Market. Click for details*The Neutrino Dollar Listing Campaign: $5000 in USDN to give away. Click for details*KuCoin launched the second round of the PMGT listing campaign: 10 PMGT to Give Away. Click for details*KuCoin launched the New User Welcome Campaign: Complete Tasks, Earn USDT! Click for details*Presearch (PRE) Listing Campaign: 1,000,000 PRE to Give Away. Click for details*Vid (VI) Net Buying Competition: $15,000 in VI to Give Away. Click for details*Compound (COMP) Gets Listed on KuCoin, Deposit and Share 4,067 USDT. Click for details*KuCoin launched a campaign together with the Terra project: 85,000 LUNA to Give Away. Click for details*The following blockchain activities were supported: Ambrosus (AMB) MainNet Token Swap.1.2 Margin Trading*KuCoin launched an ultra-low interest borrowing activity in the Margin market. Click for details*Margin Markets Upgraded! Enjoy the New Margin Trading Experience! Click for details*KuCoin launched a Margin Trading Competition with 4,067 USDT to Give Away & Zero Interest for Borrowing! Click for details1.3 Fiat Gateways*KuCoin P2P Fiat Trade Adds Support for Purchasing Crypto With 17 More Fiat Currencies, Including Indian Rupee (INR), Argentine Peso (ARS), Philippine Peso (PHP), United Arab Emirates Dirham (AED), Azerbaijani Manat (AZN), Chilean Peso (CLP), Colombian Peso (COP), Costa Rican Colon (CRC), Dominican Peso (DOP), Georgian Lari (GEL), Kazakhstani Tenge (KZT), Moldovan Leu (MDL), Namibian Dollar (NAD), Peruvian Sol (PEN), Qatari Riyal (QAR), Uruguayan Peso (UYU), and Uzbekistani So’m (UZS) on the Simplex platform. We now support a total of 50 fiat currencies! Click for details*KuCoin P2P Fiat Trade Adds Support for Crypto Purchases Using Russian Ruble with Lower Fees via PayMIR. Click for details*KuCoin P2P Fiat Trade Adds Payment Methods via PayPal, Wire Transfer and Interac e-Transfer. Click for details*KuCoin Launches P2P Fiat Trade for the USD Market via PayPal and more. Click for details2.KuCoin Futures*KuCoin Futures trading volume in June was US$ 3.13 billion. The cumulative trading volume in 2020 exceeds US$ 20 billion.*KuCoin Futures launched the ETH contract which offers high leverage and low trading fees (as low as zero) with diversified activity rewards. Click for details*KuCoin Futures VIP Program — Optimal Trading Fees for All Users! Click for details*The USD/USDT lending rate adjustment in perpetual futures took place. With this adjustment, the lending rate gap between the base currency and quote currency of the perpetual futures funding rate shifted from 0.030% to 0%, which means the funding rate and funding of perpetual futures becomes 0 during normal periods. Click for details3. Pool-X*Pool-X launched the USDN Soft Staking Program. Users can deposit USDN to the Pool-X platform to enjoy an APR of 10%-25%! Click for details*Pool-X launched a new Fixed product “COTI-30”. During the staking period, in addition to the staking benefit of the project, users can also get a share of the mining rewards of 250,000 POL every day! Click for details*Pool-X launched a new Fixed product “CHR-21” . During the staking period, in addition to the staking benefit of the project, users can also get a share of the mining rewards of 250,000 POL every day! Click for details*Pool-X launched a new Soft Staking Carnival. Users can deposit ATOM, KSM into the Pool-X platform to enjoy a time-limited APR of 9%-10%! Click for details*Pool-X launched the NWC trial fund activity, Tens of millions of NWC trial funds to Give Away. Click for details*Per request from Neutrino Dollar project, Pool-X adjusted the APR of USDN Soft Staking, The adjusted APR is 8%-15%. Click for details*Pool-X launched the first Zilliqa (ZIL) staking worldwide through the platform’s Soft Staking Program. Users can deposit or transfer Zilliqa (ZIL) to their Pool-X accounts to enjoy an APR of 3%-10%! Click for details*Pool-X launched a new Fixed product “ONE-30”, During the staking period, in addition to the staking benefit of the project, users can also get a share of the mining rewards of 250,000 POL every day. Click for details*Pool-X launched the Second Round of ROOBEE-30D Staking. The available staking product is “ROOBEE-30D”, During the staking period, in addition to the staking benefit from the project, users can also get a share of the POL mining rewards every day! Click for details*To provide more equality and better maintain balance in the distribution of POL for users with longer redemption periods, the original “Liquidity Evaluation System” was upgraded to the new “POL Mining Computing Power Evaluation System”. Click for details4. Technical & Commercial Updates:*KuCoin Partners with HyperLinq to Provide Advanced Tools for Crypto Traders! Click for details*Margin Markets Upgraded! Enjoy the New Margin Trading Experience! Click for details*LEXEXPA SA has joined hands with KuCoin to become the latest KuCoin Global Ambassador. Through this partnership, KuCoin and LEXEXPA SA will work closely in the discovery and acceleration of early blockchain projects, as well as KuCoin and KCS ecosystem development.Current KuCoin Global Ambassadors include: Breyer Labs, NEO Global Capital (NGC), LFG Global, CV Labs, Tokengate, Block Crafters, GBIC and Block 72, we welcome more blockchain organizations to join us. Click for detailsJoin the KuCoin Global Communities to get the latest updates about KuCoin.KuCoin Monthly Report June 2020: KuChain Is Coming! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 07. 08

KuCoin AMA Series — Presear...

KuCoin AMA Series — Presearch (PRE)— Full TranscriptDear KuCoin Users,19:00–20:00 on Friday, July 3, 2020 (UTC+8), KuCoin hosted an AMA (Ask-Me-Anything) session with Presearch in the in the KuCoin Official AMA Telegram Group.Guest:Colin Pape, Founder at PresearchBefore founding Presearch, Colin Pape founded a company called ShopCity.com that is based in Canada.ShopCity provides towns and cities with an online shopping mall, powered by the local businesses in their community. ShopCity first enabled merchants to accept Bitcoin as a form of payment back in 2013, and his interest in crypto was originally focused on creating local currencies.This interest in crypto combined with a passion for search, privacy and transparency led to Colin Pape founding Presearch.Introduction to Preseach:Presearch is building a decentralized search engine, powered by the community.Presearch’s mission is to create a more transparent search alternative that leverages open source technology and cryptocurrency to compete against today’s dominant search engines.The project has been operating for the past 2 years since it’s crowdsale in 2017. Today, Presearch counts over 1.5M registered users and 10M+ searches a month.The Presearch team has already developed and released Dsearch (separate search engine), Presearch browser extension, Presearch Marketplace, Keyword Staking Ad Platform, Mobile Apps for iOS / Android and they have build a Search Ecosystem that enables users to be rewarded while directly searching on websites like YouTube, Reddit, Twitter, DuckDuckGo, Etherscan, CoinMarketCap and over 100 other providers (+ custom options).Keyword staking enables both individuals and advertisers to monetise the traffic on Presearch, while maintaining full privacy. This can be used by businesses to promote their websites, by individuals to promote affiliate links, etc. on the keywords they stake PRE on. Traffic is free until January 2021, to receive feedback and to further develop the platform.Presearch is currently working on a decentralized node system that will enable users to earn PRE when they serve search results to our users. Adding another major use case to the PRE token.Q&A from KuCoinQ: Why use the Presearch search engine as opposed to Google?A: As mentioned, Presearch protects your privacy. It’s well-known that Google has many trackers that share data with advertisers and then ads for the things you search for follow you around the web. That doesn’t happen with Presearch.We keep your searches private, we do not store them on our servers and build profiles that target you and manipulate you.We also provide you with more choice, as with Presearch, you don’t just need to use our search engine, there are more than 100 different search engines available including general search engines like DuckDuckGo as well as specialty engines like Etherscan, Blockchain.info and many others.And of course we reward you to search — you earn PRE when you search through Presearch.org, our mobile apps (https://presearch.org/apps) and browser extensions (https://presearch.org/extensions).As an advertiser looking to reach crypto enthusiasts, we offer many great opportunities to receive traffic to your website by staking your PRE. It will cost you nothing to advertise until 2021 under a current promotion we’re doing, so that’s a pretty huge reason to use Presearch instead of Google.Q: Why does the Presearch search engine need a token?A: There are a number of different phases to the project, and so the role of the token will evolve over time.Overall, the token is used to transfer value between the participants of our two-sided marketplace.Token demand is generated primarily by sponsors who want to advertise to our user base. That can create tremendous value — just look at the revenue that Google generates from advertising — we’re talking $100b dollars. To share that value with our users, we enable them to earn rewards that are the payment mechanism for advertising, therefore enabling them to sell their rewards to sponsors.As the ones helping us to grow the usage of Presearch, we wanted to share the growth of value with those users, especially the earliest users. The token enables us to easily do that.Rather than just focus on the revenue opportunity however, we are also leveraging staking to enable sponsors and users to determine the value of traffic and content in a way that is much more transparent.Google for instance uses a black box auction process to determine ad positioning and the cost of clicks. It is not very transparent and many advertisers do not know how pricing is determined.Over time, we will be leveraging PRE to enable users to curate results — ex. promote quality of certain links, penalize spam links, etc., as well as to incentivize developers and other contributors to continue to build the project.Overall what the token does is it aligns the interests of all community members — users, advertisers, the team, promoters, partners, etc., around one unit of value so there isn’t a misalignment of interests as there are with most traditional businesses like Google where the users and advertisers are sacrificed for the benefit of shareholders, for instance.Q: Does the Pre token have value and what drives it?A: So the PRE token is a true utility token — if you want to do Keyword Staking, you need to purchase PRE.As mentioned, we already have a significant user base that is very targeted — it’s largely crypto enthusiasts right now, though that will change over time and evolve to be more generally any internet user that values privacy, choice and rewards, as well as the freedom promised by decentralization so that a small handful of companies do not control the web and world.If advertisers want to reach these users, they need to buy PRE to do keyword staking.They then go to https://keywords.presearch.org to run a campaign.We have more than 50 million PRE tokens staked currently, and more projects are signing up to sponsor keywords every day!Just recently we had Salt Lending, Publish0x and ThreeFold.io buy PRE tokens to run advertising campaigns for instance, all on their own, without any effort from our team.They use Presearch themselves or have heard about users using Presearch and wanted to reach them, so they needed to buy PRE. :)Over time, the utility will increase.We are close to releasing a new search engine powered by Presearch nodes for instance, and the token will be necessary for certain features there.Q: What is the PRE Token used for currently? What other use cases do you have in mind?A: As mentioned, the primary use cases right now are for Keyword Staking and rewards, but another key use is to reward those who refer people to Presearch.Every Presearch user can earn PRE by referring people to the project. There is a section under their account that provides them with their referral link and resources to help spread the word:https://www.presearch.org/account/referralsOver time, we will be leveraging the token for the curation of content — so there may be a fee you pay or PRE that you stake in order to submit a website to our index, and then users can upvote or downvote that website by staking their PRE.There will be additional voting opportunities to help shape the direction of the project, as well as a number of use cases that I can’t release just yet. :)Finally, the PRE token is a way for us to align with different partners who can help promote and build the project as we go. It’s a very powerful tool to create alignment between those who can help us grow and improve.Q: What can we expect to see from Presearch in the short-term (at some point in 2020) and 2021 and beyond (long-term goals)?A: So in the short term, we have been growing our team, starting with our new CTO. We have some additional hires to announce. These people will be helping us build and execute on our roadmap.There is a new white paper coming on July 31st that will have more detail on what lays ahead, but the thing I am most excited about right now is the launch of our new search engine powered by search nodes that users will be able to install to help us generate search results for users.Node operators will earn PRE when a user gets results from their node. It is getting pretty close to being finished and we’ll be releasing more information as the summer progresses.This will really change the game for Presearch as we’ve largely be using third-party search engines so far. This new one will provide much better results and a great user experience that will really enable us to build for the future and finally start demonstrating what is possible through the power of a decentralized network.Please join @presearch and @presearchnews for updates on the white paper and roadmap.Q: What is the target audience for Presearch in terms of users, advertisers and partners?A: We currently have a ton of very loyal and active users throughout Central and South America, including countries like Mexico, Colombia, Venezuela and Brazil. We are beginning to do more of a push in North America and then Asia and Europe.The ultimate target audience is anyone who wants to ensure that the web remains open and free and not dominated by one company.This provides a potential of hundreds of millions of users, pretty much every project in crypto as potential advertisers and partners, and ultimately millions of marketers looking for better, cheaper and more effective ways to reach people with a message.I think one of the secrets to Presearch’s success so far is that it’s a project that pretty much anyone can use — everyone searches — and it’s very easy to get started.We are trying to bring crypto to the masses and serve as an on-ramp to cryptocurrency and decentralization in general.This is a massive opportunity and we are fortunate to be the leaders in the space right now thanks to our amazing community!Q: So Colin, you’ve mentioned about the new recruited CTO. Could you tell us a bit about him and what he brings to the team?A: He has been an advisor since 2017 and has helped shape the project since its inception.We are fortunate that he has left Lucidworks, the largest open source search company, where he served as their SVP of Engineering and then as their Chief Algorithms Officer, to join us full-time!Trey is an amazing technology leader, having written one of the top reference manuals on open source search. You can learn more about him at https://treygrainger.com and you can read our announcement here:https://medium.com/@presearch/leading-search-expert-joins-presearch-as-cto-2eb306901e0f?source=---------3------------------Trey is very experienced in running distributed development teams, and our level of execution since he joined us in the past week has already increased massively. Expect more great things from us than ever under his leadership — better communication, more concrete deadlines, more features and innovation. It’s really exciting to have him on board!Q:What are the biggest Presearch competitors and how is Presearch different?A; Our biggest competitor right now is probably DuckDuckGo, the privacy search engine. They have been really growing and are benefitting from the backlash against Google.Even as a smaller competitor to Google, they are generating close to $1 billion a year in revenue.That is how big the search space is. There are many search engines most people have never heard of that are quite large businesses. This is really promising for the Presearch project because it shows that you don’t have to overcome Google to still have huge usage and value.Fortunately, with our multi-search engine, we can basically act as a layer on top of all of our competitors and so even as they come up, we can integrate them into Presearch and create more value for users and advertisers.Right now, I would say we are working on going after DDG users.Brave is another complementary project that some people view as competitors, though they do not have a search engine and we have many Brave users of Presearch, some people get confused because they also have a rewarded advertising platform.We have a browser extension for Brave to make it easy for people to use Presearch in Brave (https://presearch.org/extensions), and eventually, we are working toward being one of their default search choices.Q: How many people are using Presearch? Can you let us know how many users you have and other metrics that might be important to know? How will you grow the user base over time?A: We have more than 1.5 million registered users and more than 300,000 monthly users currently who do around 10 million searches per month.We have some more information on our audience here:https://medium.com/@presearch/who-uses-presearch-7ec65c4170ad?source=---------11------------------The key is that our users are very loyal and access the platform frequently. Many of them have it set as their homepage or default search engine, so it’s very sticky.A lot of our users have been with us since 2017, which is pretty amazing!In addition to regional expansion through local partners, there are many deals to be done with alternative browsers, content providers, apps and other crypto projects as well.YouTubers through our referral program have been a huge driver of our current growth — we have one YouTuber who’s referred more than 50,000 users to Presearch for instance. There’s still a ton of opportunity just within that channel.Eventually, we’ll look to start going more mainstream and will take advantage of the press opportunities that come with being a Google challenger at a time when Google is under heavy scrutiny. These press mentions are vital to expansion.We’ll also be doing partnerships with influencers to get them using and regularly referring to Presearch — because we are a consumer platform, the opportunities are endless!We’ve recently hired a new head of keyword staking to help us attract more advertisers as well.Q: Is Presearch decentralized already? If not, what steps will it take to achieve further decentralization?A: I would say that right now, we’re semi-decentralized.Because the current search space is probably the most centralized on earth — more than 80% of all search queries go through a single search engine — just by providing people with a tool to easily switch search engines, we are lessening centralization in search.As far as the ultimate vision of having a fully-decentralized platform that is censorship resistant, operating independently from national borders and without centralized leadership, similar to Bitcoin, we have a way to go, but do plan to get there.The next big step is going to be the release of our new search engine powered by search nodes. That is significantly more decentralized than current search experiences, and will enable thousands of users to begin participating in the search infrastructure they use.Free-AskQ: Presearch circulating supply of 400 Million coins and a max supply of 500 Million coins.So, are there any repurchase plans to burn or block tokens to increase the $PRE value?A: Great question! You were the first, you have an awesome name and it’s an important question!We recently completed a token burn where we cut the supply of PRE by 50%, which is absolutely massive. I feel like this still has not been valued properly by markets, as we have effectively doubled the utility value of PRE.We are close to running out of the ability to mint new supply and so we do engage in repurchases to replenish our inventory from time-to-time and in the next six months or so will have to constantly repurchase tokens moving forward. That is when things will get very interesting with an actual closed loop token economy.Q: How does Presearch intend to develop a search engine with refined and accurate local results such as Google, Bing and others without invading the user’s privacy and collecting their location data?Does Presearch intends to create tools to be able to obtain more in-depth metrics about your keyword, because currently we can only get the views and clicks?A: This will be an opt-in process and rather than collect your location automatically, we will enable you to specify your city to localize results.This will enable VPN users to utilize location features as well, which is currently challenging.This information will reside locally or in a user-controlled form so that we do not have a log of your location like Google does.And yes, we have plans to release more detailed reporting tools for keyword staking — they are currently limited, but will expand over time to provide more utility to advertisers while still respecting user privacy.Thanks for the great questions and for using Presearch!Q: Will the global pandemic delay or cancel any future project?A: I chose to answer this one as it is super important. The world has changed significantly in the past 4 months, and every project needs to plan for a post-pandemic world.We are not delaying or cancelling anything, though we are being very proactive to ensure that the project thrives and not just survives.As you can see, since the pandemic, we’ve launched on KuCoin, released a new mobile app, hired a new CTO, and have had a major breakthrough with search nodes.We see this as a period of tremendous opportunity and we are taking all measures to ensure that we emerge from the other side as one of the top 100 blockchain projects and that we seize the opportunity as more people become aware of the need for alternatives to big tech and the importance of decentralization!If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.KuCoin AMA Series — Presearch (PRE)— Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 07. 06

Is This A Good Time To Inve...

Over the last month, DeFi has become the highlight of the crypto world.Two months ago, the total market cap of DeFi tokens was less than $1 billion. Today, it exceeds $6 billion, up more than 600%!DeFi’s achievements have continued to reset industry records, solidly placing itself at the center of the industry’s discourse with those numbers. Especially after the recent launch of “Liquidity Mining” by the star DeFi project Compound, many investors have cried out “That’s it!”Do you fully understand what DeFi is? What application fields does DeFi include?Besides Compound, what other DeFi projects are there?What DeFi projects does the KuCoin Exchange currently support?Today’s blog post will help you understand the ins and outs of DeFi.What is DeFi?Decentralized Finance, or DeFi, refers to a decentralized protocol used to build open financial systems. It is designed to allow anyone in the world to implement financial activities from anywhere at any time. To keep it simple, DeFi is a financial solution established on the blockchain.Currently in the blockchain world, major DeFi projects are being built on the Ethereum network. These projects are designed to make it even easier for anyone to acquire crypto assets and make crypto and blockchain technology easier to use. Because of this, DeFi was once considered an area where blockchain technology was most likely to reach mass adoption.DeFi ClassificationIn August 2018, the concept of DeFi was proposed. Since then, over the last two years, the industry has seen many DeFi projects come out of the woodwork. These projects cover many fields, including lending, DEX, derivatives, and stablecoins.Looking at the various DeFi projects available, the KuCoin blog has organized and classified each according to the project’s purpose and cited top projects across a variety of fields, as you can see below:Top DeFi ProjectsFrom the time the concept of DeFi was born to the emergence of many potential projects, KuCoin has been a strong supporter of development into DeFi projects and has listed a number of projects that seem promising in the DeFi field. To help everyone better understand DeFi, the KuCoin blog wants to briefly introduce the top DeFi projects that you can trade on KuCoin.1. Lending: Compound (COMP)CoinGecko Ranking #26Compound focuses on the crypto mortgage and lending business with a current market cap of $460 million, ranking first among DeFi projects. Compound uses smart contracts to connect lenders and borrowers, enforce loan terms, and distribute interest. In June 2020, Compound launched its governance token, COMP. A total of 4.23 million COMP will be distributed to all users that participate in lending and borrowing over 4 years. With its unique “Liquidity Mining” distribution mechanism, COMP rose 500% on its initial day of listing, and its transactions over 24 hours exceeded $1.1 million.2. Lending: Maker (MKR)CoinGecko Ranking #31Maker is also a well-known project in the decentralized lending field with a current market cap of $444 million. Mortgage assets like ETH, BAT, or USDC can then lend DAI (stablecoin, 1:1 anchor with USD). Individuals and businesses can borrow DAI through mortgages and acquire safe-haven assets or liquidity. Maker has applications in mortgage loans, margin trading, international transfers, and supply chain finance In addition, MKR is the voting token for MakerDAO, and only those holding MKR can participate in governance voting in Maker agreements.3. DEX: Kyber Network (KNC)CoinGecko Ranking #35Kyber is an on-chain liquidity aggregation protocol that provides safe and convenient flash exchange. Its current market value is $314 million. Kyber currently supports the exchange of more than 70 Ethereum tokens, including ETH, KNC, DAI, and ZRX. Also, Kyber has issued the governance token KNC, and holders can participate in governance voting through KNC.4. Derivatives: Synthetix Network Token (SNX)CoinGecko Ranking #39Synthetix has introduced the concept of synthetic assets with a current market cap of $213 million. After mortgaging SNX in Synthetix, users can mint Synth tokens for various types of synthetic assets. Each Synth type will be pegged to the price of another asset. For example, sETH will be pegged to ETH’s price, and sEUR will be pegged to EUR’s price. The Synthetix platform has currently synthesized over 30 types of Synth, including fiat currencies, commodities, and crypto assets.5. Stablecoin: Terra (LUNA)CoinGecko Ranking #81Terra is a type of currency agreement that is both stable and democratic. Its current market cap is $79 million. Terra stabilizes prices by automatically increasing or tightening currency supplies through smart contracts. This agreement uses the two tokens, including the stablecoin and governance token LUNA. For instance, TerraKRW is a stablecoin pegged to the Korean Won, and LUNA is the collateral for the entire Terra economy. A small fee is charged when a user transfers in Terra. These fees will be enjoyed by LUNA holders as system revenue.To accelerate the adoption of blockchain technology and further support the development of DeFi projects, KuCoin currently supports the trading of the aforementioned DeFi tokens, and continues to welcome everyone to come to KuCoin and check it out for themselves.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.Is This A Good Time To Invest In DeFi? Read This Article Before You Actually Do It was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 07. 03

KuChain Weekly Report #14

Dear KuChain Community:We had an exciting week! After a time-consuming but thorough preparation, we finally launched the beta version of the upcoming KuChain testnet ‘Kratos’. We sincerely invite you to join the Bug Bounty Program (Project Deluge) and the Proposal Award Program (Project Decalogue).Please find more information here: https://github.com/KuChainNetwork. We are eager to work with you to improve our chain and make the ecology prosperous. Let’s see the development process this week.1. Basic Logic and Design- Implementing KuChain Betanet chain branch;- Merging Cosmos-SDK 0.38.4 to Release branch;- Refactored Coin type, introducing KuChain custom Coin type, solving the fee conflict problems;- Refactored KuChain data type definition, deleting type generation mechanism based on Protobuf;- Refactored KuChain Genesis mechanism, organizing genesis process mechanism;- Testing KuChain merged version;- Fixing problems in testing;2. Plugin Related Logic- Improving browser data query API based on db-history plugin;- Fixing DB table problems in testing;3. API and Test Case Support- Fixing problems in testing;- Translating KuChain API documents;- Organizing test cases and instruction documents;CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #14 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 07. 03

KuCoin AMA Series - Terra (...

Dear KuCoin Users,Time: 30, June, 2020, 19:00–20:00 (UTC+8)KuCoin hosted an AMA (Ask-Me-Anything) session with Terra in the KuCoin Exchange Telegram Group.Guest:Daniel Hwang, head of ecosystem development, manages ecosystem verticals of third-party development, validators, community, and research through operational support across internal and external stakeholdersIntroduction to Terra:Terra is a blockchain protocol that supports stable programmable payments and open financial infrastructure development. It is supported by a basket of fiat-pegged, seigniorage share style stablecoins which are algorithmically stabilized by its native crypto asset, LUNA.One part of Terra’s value contributions, payments, in essence replaces the complicated payment value chain, including credit card networks, banks, and payment gateways with a single blockchain layer. With the efficiencies that Terra has provided for payment channels on both the merchant and consumer sides, it continues to steadily provide infrastructural improvements and tools that are laying down the foundations for a credibly neutral, distributed, and radically transparent ecosystem. Bolstered through the initial mass adoption of Terra’s blockchain infrastructure that is powering its partner, CHAI, which has amassed over 1.4 million users to date, Terra is moving naturally towards ecosystem building that offers competitive programmable payments, logistics, and infrastructure to power the plethora of industry that will be built on efficiency and scale.Terra was created in January 2018 with the singular vision of facilitating the mass adoption of cryptocurrencies by creating digitally native assets that are price-stable against the world’s major fiat currencies. Keeping in mind that previous innovations in the technology of money was bootstrapped by large payment networks (Alipay with Taobao, PayPal with eBay, Visa with banks), Terra was born with the support of the Terra Alliance, 15 large e-commerce companies in Asia that collectively process 25 billion USD in annualized transaction volume and 45 million users. The vision of the project is that with the adoption and user engagement of a massive payment network, it will be able to, for the first time, bootstrap a blockchain payment network to the scale it deserves and facilitate far more powerful products and use cases through its infrastructure.During conversations between co-founders Daniel Shin and Do Kwon, the concept of Terra began as a solution towards immediate and massive usage of the cryptocurrency and blockchain infrastructure being built around them. To them, price stability and adoption were important in preparing the first steps towards massive adoption of cryptocurrency and blockchain infrastructure. Daniel Shin, with his extensive experience in building one of the biggest e-commerce platforms in Asia, laid out the existing problems we face in payment networks that cannot be solved through just incremental improvements. Do Kwon, previously a founder of a wireless mesh network startup building decentralized applications, explained how Terra can turn those problems into an opportunity to build money from the ground up.Q&A from KuCoinQ: Please tell us about the Terra project?A: Terra is a blockchain protocol that supports stable, programmable payments and open financial infrastructure development. It is supported by a basket of fiat-pegged, seigniorage share style stablecoins which are algorithmically stabilized by its native cryptoasset Luna.We currently have payment entities spanning Korea and Mongolia that collectively process about $5 billion in transaction volume run rate on an annualized basis!Q: What consensus model does Terra use?A: We use a delegated proof of stake modelQ: Is Terra a single stablecoin or a basket of stablecoins? What is Luna?A: This is a great question and a common one. Terra is actually a basket of stablecoins.We have a basket of stablecoins that are each pegged to their respective fiat currencies. For example, we have a KRT which is Terra’s stablecoin for South Korea’s KRW. We also have a UST for the US Dollar. We also have an SDT for the IMF SDR. Finally, we have the MNT, for Mongolia’s Tughrik.Luna is the stabilizing asset in the Terra network that is used to reward validators and in governance.Much of this information can be found in our block explorer, station: https://station.terra.moneyQ: How many validators does the Terra network currently have?A: We have over 50 validators in our network. You can find a list of our validators at our block explorer page here: station.terra.money. We also have a community page developed here: terra.stake.idQ: In the Terra network, where do staking rewards come from?A: Staking rewards come from: gas (compute fees), taxes, and seigniorage rewards.Q: What is the current staking return for Luna?A: You can find the staking return on our block explorer, station: station.terra.moneyIt is currently about 12% per yearQ: What is seigniorage?A: This is a question that a lot of peolple have that I can expand on. Seigniorage is essentially profit made by an currency issuer which is represented as the difference between the face value of the currency and its production costs. With digital currencies, production cost is essentially zero.In the Terra network, when demand for stablecoins increases, the system mints more Terra stablecoins and earns Luna in return. The system burns a portion of the earned Luna which makes mining power scarcer. The remaining seigniorage generated goes to the Terra Treasury to fund fiscal stimulus.There is a great paper written by Nicolas Andreoulis of our research team here on the economics of seigniorage: https://agora.terra.money/uploads/short-url/mTZ8fLvyW3pUJMYRIRIbS3iSQhd.pdfWith regards to this, for research and mechanism related content, please visit us on our Agora page here: https://agora.terra.money !Q: What makes Terra different from other stablecoin projects like Tether and MakerDAO?A: As we know, Tether is a supposedly fully backed token to a fiat peg, there are exchange stablecoins, and MakerDAO’s Dai serves as an example of an attempt at a decentralized governance model for a stablecoin.Terra’s stablecoins are all pegged to their respective fiat currencies (KRT to KRW, UST to USD, etc). Through our inflationary and deflationary mechanism design with our Luna token, we are able to keep stability algorithmically. Further, all of the Terra stablecoins are swappable with each other on-chain without the need for a counterparty.This approach of ours is to ensure the viability of stablecoins for use in a commercial setting. For example, in the setting of international payments, you can accept multiple different types of currencies and have settlement in just one currency within one block time (6 seconds).Q: Is Terra fee-based or inflation-based? What is the reasoning?A: This is a great question and one that I have covered in an article published recently with our head of research, Nick PlatiasTerra operates on a fee-based model. There are significant benefits for a fee-based model for the Terra ecosystem and network.As it has been recently disclosed. Terra ranks just 3rd behind that of Bitcoin and Ethereum in accumulated transaction fees — more than $4.3 million in fees to date with more than $800k generated in rewards for Terra validators. What is important about a fee-based model is its presentation of objective valuation vs that of an inflation-based one. From the CHAI app that uses the Terra blockchain for transaction and settlement, real external value of actual consumer to merchant purchasing is being represented on the blockchain. These real transaction fees are instrumental to real valuation as well as network security.Transaction fees represent value that is captured externally as we have with CHAI users spending at merchants. With inflation-based models, value is more difficult to base.Here is the post I mentioned: https://medium.com/terra-money/the-role-of-transaction-fees-in-network-valuation-and-security-90540c422ffQ: Please tell us about the CHAI app and its difference from other payment appsA: yep. The number now is over 1.6 million users to date now!The CHAI app is a payment application that is built using the Terra blockchainThe CHAI application makes use of the Terra blockchain for transaction and settlement. With many other payment applications, there are still existing hurdles of middle men extracting high fees and long settlement times — 5+ days. CHAI can overcome those hurdles with offering significantly lower transaction fees, incentives to users via discounts and cashback, and provide much shorter settlement times for merchants. This also in turn provides the Terra network with significant real volume.As mentioned, the CHAI app (www.chai.finance) currently has 1.6 million users and has been integrated into many of the top merchants in Korea including: Korea’s largest bookstore, top e-commerce stores, largest convenience stores, and more. Currently the integrations represent more than $25 billion in gross merchandise volume and will be growing even more in the coming year.A great place to learn more about CHAI and its metrics can be found at the chaiscan dashboard (https://www.chaiscan.com/) which one of Terra’s validators, DSRV Labs has created.Q: What is next on the roadmap for Terra?A: Terra will be announcing some exciting new developments in its product roadmap at the Unitize Conference (unitize.online (http://unitize.online/) ). Please tune in to watch our CEO, Do Kwon, present on the first day of the conference, July 6th!We’ve also announced a few weeks ago about our integration of smart contracts onto the Terra platform. So we will be stress testing it in an incentivized testnet coming mid-July and will have more details out soon!We are also on the road to our fourth mainnet update this year with a coming hackathon and our second round of grant opening, so please stay tuned for more details there!Free-AskQ:Currently, CHAI is the most used blockchain-based application in the world and Terra has more daily active users than Ethereum! What is Terra’s secret?A: A good go to market strategy with users in mind! Here is a great talk by our CEO: https://www.youtube.com/watch?v=yGGalxADnbcQ: For money to be Smart, it must be instant, zero fee transactions and private. Does LUNA meet these 3 pain points of payments?A: Great point. We can provide near instant settlement (6 second block times) opposed to the settlement times of existing traditional payment systems 5+ days and almost halved transaction fees, 0.05% to 1.3% as opposed to traditional payment processor transaction fees: 2.3–2.7%Q: Adoption is one of the most important factor that all sustainable blockchain projects should focus to be more attractive in the investors Eyes. Can you tell me what #Terra has done and plan to do to achieve Adoption in the reality, real use cases,our real society?A: We have one of the largest rates of adoption in the world! With 1.6 million users and counting!Q: Hello Dainel , will terracoin be used for shopping in the future?A: Yes, this is exactly what CHAI is being used for right nowIf you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.KuCoin AMA Series - Terra (LUNA)- Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 07. 01

Official Announcement of Ku...

Dear KuCoin users:KuChain is KuGroup’s public chain project designed to answer the needs of the current decentralized financial sector, which in the future will serve as the Mainnet of KuCoin’s platform token KCS.The Testnet of KuChain — Kratos, is co-ordinal with KuChain in concept, architecture and resource, as it serves the role of KuChain’s initial version prior to mainnet launch.Providing an experimental environment, Kratos encourages decentralized financial product pioneers to test and prove their innovative technologies and notions: for instance, DEX, DeFi, stable-coin, among others. As well as try out and contribute to KuChain’s various functionalities spanning governance, staking and validating.Prior to that, we here announce the launch of KuChain Betanet on July 1st, 2020, as the Beta version of the upcoming Testnet.Together with developer communities such as Cosmos and GoLang, cyber security expert institutions including SlowMist, Chaitin and PeckShield, as well as various partners that have made commitments on contributing to KuChain’s future ecosystem prosperity, the KuChain team is mulling the following two programs special for KuChain Betanet to receive both conceptual and technical “baptism” from the public as a newborn.Project Deluge — Bug Bounty ProgramDuration: 10:00:00 on July1, 2020–10:00:00 on July 31, 2020 (UTC+8)Platform: KuChain GitHub https://github.com/KuChainNetwork/Project-DelugeExpected participants: Developers, Coders, Hackers.Objective: trial technical attacks against KuChain Betanet, via submitting qualified vulnerabilities — varying in rating and reward — in KuChain’s GitHub channel.Reward: up to $10,000 per vulnerability.Project Decalogue — Proposal Award ProgramDuration: 10:00:00 on July1, 2020–10:00:00 on July 31, 2020 (UTC+8)Platform: KuChain GitHub https://github.com/KuChainNetwork/Project-DecalogueExpected participants: blockchain and financial related area’s professionals, including but not limited in verticals such as venture capital, custodian, payment, stable coin, DEX, DeFi, tech-heavy project, smart contract, influencer, media, security audit, among others.Objective: to join viewpoint reasoning on KuChain GitHub, to share advices on improvement and practice plan over KuChain’s notion, ideas of application scenario, technology logic and economic model.Reward: $10,000 shared by Top 10 proposals.The most active supporters to participate in KuChain Betanet events in identifying qualified bugs, discussing and making valuable proposals, may join the inner circle of KuChain’s core community on their will.For more information : https://github.com/KuChainNetworkRegardsKuChain TeamOfficial Announcement of KuChain Betanet was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 29

Making Money While You Slee...

Making Money While You Sleep ③ | The Simplest Way To Earn Passive Income — Soft StakingThe last post here on the KuCoin Blog has helped many people understand Staking on Pool-X, but there are still others that don’t know how to use it effectively. They can check out the previous post in this series: Making Money While You Sleep ② | How Much Passive Income Can Staking Bring You?Now, some of our users are asking “Is there any way to get returns without locking my assets?” Today, the KuCoin Blog will be revealing the answer to this mystery. Soft Staking can perfectly solve this user problem. Ever since its launch, Soft Staking has won over more than 300,000 users.Are you curious about Soft Staking? Well, don’t worry. The KuCoin Blog will walk you through a comprehensive explanation of Soft Staking to help you make money while you sleep.Q: What is Soft Staking?A: Soft Staking was one of KuCoin’s first inventions that went online back in July 2019. Users only need to deposit related coins on Pool-X with the minimum required amount, and then they can earn a return.Q: What is the estimated profit rate on Soft Staking?Different coins get different profit rates through Soft Staking. Click here to see the annualized profit rate for each of the Soft Staking products. Pool-X also occasionally launches limited-time Soft Staking with interest that can earn higher annualized returns. Examples include the ATOM and KSM limited-time annualized projects that are currently underway. Until 20:00 on July 1, 2020, users merely need to deposit ATOM and KSM on the Pool-X platform to enjoy 9–10% annualized income. The picture below shows a few examples of Soft Staking products.Q: When the yield of Soft Staking will be distributed?A: To protect user interests to the greatest extent, Soft Staking products are calculated daily and profit is distributed the very next day.Q: What tokens are supported by Soft Staking?At present, Pool-X Soft Staking supports a total of 26 coins: ATOM, KSM, USDN, TRX, XTZ, ELA, ZIL, TOMO, DCR, EOS, ALGO, NRG, LOOM, VSYS, NULS, IOST, WAN, IOTX, AION, LOKI, NEBL, EOSC, LUNA, PIVX, ONION, and DAI. Pool-X is always looking to support more coins to meet the financial needs of even more users.Q: What are the advantages of Soft Staking?Compared with traditional Staking, it’s more flexible. Users do not need to stake to earn a return, and they can withdraw assets at any time and without a redemption waiting period, ensuring maximum liquidity.Compound interest. The returns from Soft Staking will be distributed to Pool-X accounts on a daily basis. In cases where the user does not withdraw, the daily returns will be included in the user’s Soft Staking share, and their income will be accumulated.Q: How do you Soft Stake on Pool-X?A: It only takes two steps to start Soft Staking. To more clearly demonstrate the process, we will use a KSM Soft Staking product as an example:Step 1: Click [Soft Staking] and select the coin;Step 2: If the corresponding coins aren’t in the user’s account, click [Deposit] and follow the pop-ups on the page to continue and deposit the coins to the corresponding address;If the corresponding coins are in your KuCoin account, click [Transfer], fill in the amount, and click Confirm.If you have any idle assets sitting around, come over to Pool-X to experience Soft Staking.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.Making Money While You Sleep ③ | The Simplest Way To Earn Passive Income — Soft Staking was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 28

Making Money While You Sleep ②

Making Money While You Sleep ② How Much Passive Income Can Staking Bring You?Last week, the KuCoin Blog published “Making Money While You Sleep, How to Earn Passive Income On KuCoin”, which was a hit among our readers. I guess we all like money when it starts to multiply all by itself.In fact, if you want to see all the ways money can work for you on KuCoin, it’s time to understand that it’s more than just the Lending platform we talked about last week. Users can also obtain profit by participating in staking through Pool-X Staking and Soft Staking, which will increase the crypto holdings they have now.I believe that when it comes to this topic, everyone is impatiently waiting to give it a shot, but there is no need to rush in head first. Today, the KuCoin Blog will introduce Pool-X’s Staking products to you, so that you can all learn even better ways to have your money work for you. We’ ve prepared some answers to help clear it all up and get you making money!Q: What Staking products does Pool-X have?A: Currently, Pool-X has two types of staking products: Flexible Deposit and Fixed Deposit. Flexible Deposit products can be staked at any time, and you can apply for redemption at any time (though you will need to wait for the redemption waiting period determined by the project). The staking period for Fixed Deposit products is fixed and can only be redeemed after they have expired. The staking period varies for each Fixed Deposit product. The current periods for Pool-X Fixed Deposit products are 21, 30, and 90 days. Just like with the product COTI-30D, the staking period is 30 days.Please Note: Pool-X supports trading staked assets on the liquidity trading market. Regardless of whether it’s a flexible or fixed product, users can obtain liquidity by trading staking certificates in the liquidity trading market when they urgently need the asset liquidity. The specific operational steps will be explained in later blog articles.Q: What is up with redemption periods for staking products?A: What you should be aware of is that Flexible Deposit products can be redeemed at any time, but you cannot immediately receive your coins/tokens. You need to wait for the corresponding redemption waiting period. Since the redemption period is not part of the staking, there are no gains during the redemption waiting period.Q: Why do different coins/tokens have different redemption periods?A: The length of the redemption period for each staking product depends on the project. Different projects will have different requirements for their redemption waiting periods. For example, TRX’s current redemption period is 3 days, while ATOM’s and XTZ’s are 21 days.Q: What coins/tokens does Pool-X Staking currently support?A: Flexible and Fixed Deposit each support different coins/tokens. Flexible Deposit currently supports 9 coins/tokens: KCS, TRX, VSYS, WAN, XTZ, EOS, TOMO, NWC, and ATOM. Fixed Deposit is only open for subscription at certain times. The products currently calculating interest include COTI, TRX, EOS, XTZ, ROOBEE, NWC, and CHR. The products that are calculating interest cannot be used to stake, but can be traded in the liquidity trading market. Pool-X has two new Fixed Deposit products that have recently been made available: ONE-30D and NWC-21D. The subscription periods can be viewed here.Q: What are the benefits of staking?A: When you participate in staking on Pool-X, no matter if it is a fixed or flexible product, the income you can earn consists of two parts: namely the staking income and POL mining income.Different coins/tokens have different incomes from staking. Looking at Flexible Deposit, the referenced annualized return of staking is between 3% and 10%. Looking at ATOM, the current annualized staking return is 7%, while the POL annualized return is 6.86%.For Fixed Deposit, the referenced annualized return of staking can fluctuate quite a bit. Looking at ONE-30D, the referenced annualized return of staking is 25%, and its POL referenced annualized return is 6.88%.Users can click here to view the referenced annualized returns on flexible and fixed products.Q: Where do the returns from staking come from?A: The assets of users participating in Pool-X Staking will be voted to the corresponding nodes, and users can check the said nodes during staking (if the projects have not launched the mainnet, the returns will come from the campaign funds the projects provide).POL mining returns come from POL staking output. The current daily mining amount is 250,000 POL. POL mining output is affected by POL mining computing power.Be aware that users participating in staking can obtain POL mining computing power, which is calculated based on the market value of the staking and the computing power adjustment coefficient. The computing power adjustment coefficient is affected by the liquidity adjustment coefficient and the adjustment coefficient during the product redemption period. See more about the Total Output of Staking Mining here.Q: When will the returns from staking be distributed?A: To protect user returns to the greatest extent, flexible and fixed product returns are settled every day and distributed the next day. The release time will be postponed if extenuating circumstances occur.Q: How do you participate in staking on Pool-X?A: There are only three steps to start staking on Pool-X. The procedures of staking flexible and fixed products are similar. To even more clearly show the operational process for staking, we will use the ATOM flexible product to demonstrate:Step 1: Click on “Staking” and select ATOM-Staking (which is “Proceeding”) then click “Stake Now”Step 2: Enter the “Amount of Staking” and your “Trading Password”, agree with the Cryptocurrency Mining Agreement, and click “Stake Now”.Please read the information on each product carefully and cautiously.Step 3: Check the Lockup HistoryUsers can check the lockup history directly by clicking “Lockup History” once you have staked successfully, or by clicking “Assets” on the upper right corner of the Pool-X webpage. Then, click “Lockup History” and select the coin type you staked whenever you need.What do you think? Do you understand Pool-X Staking now?Come on down to Pool-X and try it out for yourself!The next article on the KuCoin Blog will give everyone another way to get your money to work for you through Pool-X Soft Staking.Making Money While You Sleep ② was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 26

KuCoin P2P Fiat Market Supp...

On June 24, 2020, KuCoin, an IDG-backed crypto exchange, announced that its P2P Fiat Market added support for US Dollars (USD), meaning traders can buy cryptocurrencies like USDT, BTC and ETH with USD via PayPal and other payment methods. This is another mainstream fiat currency supported by the KuCoin P2P Fiat Market after the opening of Chinese Yuan (CNY), Indonesian Rupiah (IDR), Vietnamese Dong (VND) and Canadian Dollar (CAD).The US Dollar, as a recognized international currency, is one of the most mainstream and important fiat currencies in the world. According to the latest data from Coinhills, of the proportion of transactions between fiat currencies and Bitcoin in various countries, USD ranks first at 63.21%. Now that the KuCoin P2P Fiat Market supports USD, it will be easier for more people around the world to buy cryptocurrency, further promoting the mass adoption of blockchain and cryptocurrencies.KuCoin Global CEO Johnny Lyu stated: “As one of the most globalized cryptocurrency exchanges, KuCoin has been expanding its fiat gateways. Now, our P2P Fiat Market supports Chinese Yuan (CNY), Indonesian Rupiah (IDR), Vietnamese Dong (VND), Canadian Dollar (CAD), and US Dollar (USD), the 5 mainstream fiat currencies. We also support 50 fiat currencies like EUR and AUD through our partnerships with Simplex, Banxa and PayMIR. In the future, we will continue to further our work towards globalization, enabling more users worldwide to enjoy the services we provide here at KuCoin, ultimately helping more users enter the crypto world.In addition, to celebrate the first anniversary of the P2P Fiat Market being made available on the platform, KuCoin will launch a series of campaigns to promote the addition of US Dollars (USD) to the P2P Fiat Market. For more information, please refer to the official KuCoin announcement.Founded in September 2017, KuCoin has grown into one of the most popular crypto exchanges, and it currently provides a series of financial services including fiat-to-crypto, crypto-to-crypto, futures, staking, borrowing, token launch and more to its 5 million users across 207 countries and regions around the world. One out of four crypto holders worldwide is with KuCoin.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.KuCoin P2P Fiat Market Supports Buying Crypto With USD Via PayPal was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 24

KuChain Weekly Report #13

Dear KuChain Community,Tomorrow is the Dragon Boat Festival in China. As one of the four traditional festivals in China,the Dragon Boat Festival contains profound and rich cultural connotations.Dragon Boating and Rice Dumpling are the two major customs of this Festival, which have been inherited in China since ancient times.To commemorate this festival, we will start a three-day holiday from tomorrow.While sharing happy moments with you, let’s see the progresses this week:1. Basic Logic and Design- Updating handling fee default configuration, increasing its default upper limitation;- Preparing KuChain Betanet chain branch;- Testing Token symbol subunit compatibility;2. Plugin Related Logic- Improving KuChain DB table, implementing data status table of each module;- Improving browser data query API based on db-history plugin;- Fixing DB table problems in testing;3. API and Test Case Support- Adding interface which allows query account by address;- Fixing problems in testing, checking Token additional data;- Translating KuChain API documents;- Organizing test cases and instruction documents;CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #13 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 24

KuCoin AMA Series — Neutrin...

KuCoin AMA Series — Neutrino Dollar — Full TranscriptDear KuCoin Users,17:00–18:00 on Tuesday, June 23, 2020 (UTC+8), KuCoin hosted an AMA (Ask-Me-Anything) session with Neutrino Dollar in the in the KuCoin Official AMA Telegram Group.Guest:Aleksei Pupyshev, Co-Author of Neutrino Protocol, Founder of Ventuary Lab, Chief Technology Evangelist at Waves, Tech Entrepreneur, Engineer, Team LeaderIlya Sapranidi, Researcher at Neutrino Protocol, Head of Product Marketing at Ventuary Lab, Expert in Innovative Entrepreneurship, Researcher of Complex Systems and NetworksIntroduction to Neutrino DollarNeutrino is an algorithmic cryptocurrency protocol for issuing stablecoins and synthetic assets. Neutrino Dollar (USDN) is a USD-pegged decentralized stablecoin backed by the WAVES token. USDN is a staking-based asset by design. It accumulates staking rewards in a stablecoin, which excludes the risk to bear losses on price volatility. All operations involving USDN — issue, collateralization, staking, and rewards payouts — are governed by a smart contract.Q&A from KuCoinQ: What is Neutrino Dollar (USDN) stablecoin?A: Neutrino Dollar (USDN) is a USD-pegged decentralized stablecoin backed by WAVES token. On cryptocurrency exchanges, this token tends to have an average price of one US dollar, where any deviation from $1 is compensated by well-tested arbitration mechanisms. USDN is a staking-based asset by design. The staking rewards are accumulated in a stablecoin, which excludes the risk associated with price volatility. All operations involving USDN — issuance, collateralization, staking, and rewards payouts — are governed by a smart contract. USDN is used as a payment token in various dApps and services and is also traded on different markets.Q: what is Neutrino protocol all about?A: It is a cryptocurrency protocol for issuing stablecoins and synthetic assets. In other words, it is a specification that lays out the principles of implementation of a token tied to an asset, such as the US dollar. The core aim of the protocol is to release a token which is backed by so-called collateralization, where a native token of a public blockchain platform, such as Waves, is used as a reserve currency locked on the smart contract.Q: How is USDN collateralized by WAVES tokens?A: The backing of the USDN token is stored on the smart contract of Neutrino and can be replenished (“issuing USDN”) or exchanged back (“redeeming WAVES”) for Waves tokens at a price corresponding to the 1 USDN : 1 US Dollar ratio.So, here’s a diagram that demonstrates the Neutrino backing system. When the demand for USDN on the exchanges grows and it drives the USDN price up, higher than 1 US dollar, traders can use this opportunity to profit by exchanging WAVES tokens to USDN through the smart contract and then selling USDN on some exchange at a higher price. This action increases the USDN supply on the market and leads to price stabilization, bringing some profit to the trader who has used this opportunity.In the opposite case, the USDN supply on exchanges increases, which leads to the price of the USDN becoming lower than 1 US dollar. To earn a profit in that case, traders can buy USDN on the market and exchange it for WAVES through the Neutrino Protocol smart contract, which will also lead to the stabilization of the price. That’s how Neutrino keeps a stable price on crypto exchanges.Q: How does price stability algorithm work?A:When the price of Waves against USD rises, a special reserve fund is formed to maintain backing in the event of a price drop of the WAVES token.When the reserve fund is not large enough to compensate for the decline in price, the smart contract issues special tokens called Neutrino system base tokens (NSBT). These tokens can be purchased at any price with USDN (e.g. 10 NSBTs for 8 USDN) and then liquidated in the ratio of 1 NSBT : 1 USDN in order of priority (FIFO — First in — First out). Market makers and arbitration bots, which can be launched by volunteers from the Neutrino community, also help to keep the rate stable at different exchanges.Q: How does USDN staking work?A: In the current implementation, all WAVES from collateral are leased to the Neutrino node. Those WAVES tokens mined by the so-called Leased Proof of Stake (LPoS) mechanism are transferred back to the Neutrino smart contract and automatically converted to USDN tokens. Finally, those new Neutrino tokens are transferred to the USDN stakers.Q: How much can a user earn on staking USDN? and we still like to have your explanation more on.Can users stake USDN on Kucoin?A: The first one:The interest rate for staking USDN is floating. The amount of earnings depends on when the staking started, on the amount of staked USDNs out of the total USDN supply, and on the changes in Waves market capitalization. On average, the annual yield is within the range of 8–15 %Second one:Yes, you can buy USDN tokens for USDT on KuCoin exchange or deposit them to your wallet if you already have some. Then, go to the Soft Staking section and transfer your USDN to the Pool-X platform’s accountQ: If we could extend the eco of USDN to further landing phenomenon. Where can I use USDN as a payment token?A: At this moment, USDN can be used as a payment token on exchanges for buying another crypto, or in dApps built on Waves Platform, such as DAO, WaveFlow and others, with many more to come.Q: What does “decentralized” stablecoin mean?A:As distinct from the centralized fiat-collateralized stablecoins, where all holders have to trust the issuer, an algorithmic (decentralized) stablecoin is issued by a smart contract. Its stability is also maintained by algorithms and various stakeholders from the community. The main advantage of the decentralized stablecoins is that they allow anyone to verify whether its collateral is sufficient simply by checking the balance on a smart contract through the blockchain explorer. This reduces the need to rely on a centralized issuer and eliminates the need in third parties (such as banks)Q: Who is maintaining the source code and servers of Neutrino dApp?A: The first versions (alpha/beta) of the Neutrino dApp were developed and maintained by the Neutrino team incubated by Waves Labs. Next versions will be maintained and modified by the community and main USDN stakers via Neutrino Enhancement Proposal (NEP), a decentralized mechanism for introducing changes into the smart contracts. Currently, the operational management of Neutrino technology, marketing, and beta.neutrino.at website, as well as customer support, is carried out by Waves.Exchange.Q: Many DeFi services are based on trust in so-called oracles. How does it work in Neutrino now and what new updates can we expect in the oracle system in the near future?A: All system actors including price oracles or emergency oracles are managed by Neutrino stakeholders and the open-source community. During the swapping procedure, the current exchange rate is being constantly provided through a pool of external oracles that take the data from exchanges. Each off-chain oracle has a connection to a crypto exchange that will provide a price feed and provides a signature for the data point taken from the exchange API. The control contract stores the IP addresses of oracles.When five signatures are collected, the first oracle that receives the data feed from the rest invokes the method to update the price on the contract. Even though the off-chain oracle system used by Neutrino is very robust, it could be greatly improved by introducing so-called decentralized trustless oracles.This is going to become possible with the beta release of Gravity protocol, a new blockchain-agnostic oracle system that will support the communication of blockchains with the outside world, cross-chain communication, and sidechains within a single unified structure.So, our team is currently immersed in the development of Gravity as an infrastructure component within the Waves ecosystem that would also be used in Neutrino.Q: What can we expect from your project in the future?A: The users can expect the release of new kinds of stablecoins based on Neutrino Protocol, such as GOLDN or CNYN, as well as more trading mechanisms that make use of the Neutrino base tokens (NSBTs).So, the major next milestone is Neutrino Collider. The Neutrino protocol was designed to be a universal instrument for tokenization of real world assets. Despite the fact that USDN will probably remain the most popular Neutrino-based stablecoin, the release of so-called Collider protocol would allow for the creation of hundreds of other assets secured by WAVES tokens, with algorithmic mechanics similar to how USD Neutrino is generated now. Thus, Collider would open ways to use the existing system of smart contracts and the pool of Neutrino’s liquidity to tokenize such popular assets as GOLD, EUR, SNP500 and many others, including various national currencies.You can find out more details about our vision and plans for 2020 in this Medium article: https://medium.com/@neutrinoteam/neutrino-protocol-2020-vision-challenges-1fec59e1577bFree-AskQ: Nowaday DeFi is changing our relationship with money, investing, credit and debt . So, how do you think of the future of DeFi?A: We have always been strong believers in DeFi. :) As a long-term vision which is not strictly limited to Neutrino Protocol, we would be happy to see the availability of stable decentralized financial products, such as Credit, Trading, Investments, Deposits (with interests), Transfers, Payments, Foreign Exchange, Lending & Borrowing, Insurance & Hedging in both developed and emerging countries.But even in countries where financial services are well-established, there are still many issues with using them. For example, most services demand that risk your privacy and share personal documents that can be misused. There are usually expensive intermediaries such as brokers or advisers. The entire process is centralized and almost never transparent. We really believe that DeFi projects, including Neutrino, provide a more convenient, safe, and ethical alternative to current banking, so they are very likely to win in the long run.To find out more about our philosophy and our vision for DeFi of the future, I suggest this article which is based on a presentation that @adventuary gave during a large Waves community meetup in Berlin last year: https://medium.com/@neutrinoteam/neutrino-welcome-to-the-new-world-of-defi-f535449f5d3cQ: Why there are three types of tokens in Neutrino Protocol ecosystem consist of Waves,USDN & NSBT? What are the Characteristics and Functionality of these three types of tokens?A: Nice technical question! In terms of components that underlie the current Neutrino Protocol implementation, there are three “intertwined” tokens: Waves, USDN and NSBT.As stated before, Waves is the token of Waves Platform, based on the consensus called “Leased Proof of Stake”. It is used as the reserve token to back USDN, which is the first stable coin with the price tied to the USD dollar.And finally, the NSBT (Neutrino system base token), which is perhaps the most distinctive component, is needed to maintain a steady amount of reserves on the smart contract. NSBT tokens actually have potential applications that will gradually make it a more and more crucial component of the entire system, such as Neutrino decentralized governance, payment for some particular features, such as issuing your own synthetic assets etc. NSBT can also be traded and can yield USDN profit based on a speculation on the so-called Backing Ratio of USDN (more info here: https://medium.com/@neutrinoteam/neutrino-system-base-token-nsbt-new-auction-utility-liquidation-mechanics-d1589a2d5e25) So, these three tokens are linked together through our dApp neutrino.at and form, arguably, the best algorithmic stablecoin there is on the market right now.Much more info about the theory behind Neutrino can be find in our wp: wp.neutrino.atQ: The ETH 2.0 is coming massively and would relegate so many blockchains. Are you scared? How can you compete with them?A: As I said before we’re working now on new technology called Gravity Protocol (https://twitter.com/ProtocolGravity) to let dApps from Waves an easly way to be integrated into another blockchains (including ETH1 or ETH2).Gravity is a blockchain-agnostic cross-chain communication and data oracles protocol which let us to make Neutrino dApp to be crosschain and USDN/NSBT/WAVES tokens to be traded on ETH/TRON/EOS DEXes too. So, cool things are coming soon!If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.KuCoin AMA Series — Neutrino Dollar — Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 24

Many Turkish Believe: It’s ...

It’s been a decade since Bitcoin appeared on the market, and many people are both jealous of how rich early investors have become and lamenting the fact that they missed the boat. But has the boat really left the dock?No! Kafkas, a crypto investor from Turkey, has told us with his own personal experience that if you just try, it’s never too late. Who knows what people in 50 years will be envious about that we began moving on in 2030?For readability, the content below is Kafkas’s readme:When you were a child, were you used against other family’s children as an example to live up to?If that were the case, I sincerely apologize because I was “that other kid” to the adults.I had a pretty good childhood. I made it through primary school, junior high, high school, and then entered a top university, which was located in Istanbul, where I majored in law. I had a strong character and studied well in the eyes of many. They thought that, after I graduated, I should have become a lawyer and lived a successful and glamorous life like you see on TV.But what they don’t know is that even good students have time for fun. I remember that when I was in the dorms, my favorite thing to do was to get together with others and play games. Haha, that’s quite a contrast, isn’t it? It’s something that you had to do because law school was so stressful. Playing games was one of the few things that allowed me to de-stress without breaking the law.2014, First Missing Out BitcoinStudents are curious about anything new. In 2014, I attended a party. I don’t know who brought up Bitcoin first, but then everyone began to discuss it in-depth. Among them was my friend Asya, who was a passionate follower. She then explained it to us, “Bitcoin is a kind of decentralization, a government-less cryptocurrency that will become a universal payment method someday in the future.”I didn’t take it to heart after hearing her spiel. Even though Turkish people love to invest, they’re imbued with a sense of adventure. But in 2014, crypto wasn’t popular yet, and exchanges were few. I didn’t really know how to trade. Plus, at that time, Bitcoin had just seen a significant crash, dropping from $800 to $300 in just 3 months. Its price fluctuated sharply, which made me a bit scared. So I, like most of the people in this party, missed out on one of the premium chances to invest in Bitcoin.2016, Second Missing Out BitcoinI first bought Bitcoin at the end of 2016, but it wasn’t an investment. It was to buy games. At that time, the game company that I liked had just added a new payment channel — Bitcoin. I used that Bitcoin to buy a few games.If this were a novel, I would have bought a lot of Bitcoin and then waited for its price to rise, cash out at the peak, be financially independent, marry a beautiful woman, and live a good life.But in reality, I didn’t have a protagonist’s luck, and I also lacked the sense of adventure that all Turkish people have. Even though I’d used Bitcoin, its price at the time I used it had risen quite a bit since its price in 2014, but it still hadn’t captured my attention. I thought Bitcoin would just become a means of payment in the virtual world. I had no idea that it would become an investment target. So that year, I felt alright enough to start paying attention to Bitcoin’s price, but I still didn’t pull the trigger. This was my second brush with Bitcoin.If you think about it, Asya from two years ago didn’t only have an independent vision on investment, she also had a well of courage.When I met Asya again, she had already become successful.At a cocktail party after graduation, Asya drove her fancy car and wore her glamorous purse, burning our eyes. In the party, Asya told us that she had begun buying into Bitcoin in 2013 and had accumulated quite a bit in 2015 when Bitcoin was at a low of $200. She was stockpiling money and had invested over $7000 into Bitcoin after 2 years. Taking advantage of the good year of 2017, she cashed in some of her Bitcoin, which had increased by 20x, valued at over $100,000. After digging up her first pot of gold, Asya started her own company. Having a car, house, and business is all common for early investors in Bitcoin in those days.Envious much? If you aren’t, you might be lying! After having some drinks, my regret reached its peak when, after drinking even more, Asya said, “If you had bought into Bitcoin with me back then, at least now, you wouldn’t need to worry about making a living. Let me tell you, hold onto Bitcoin for the long term because I think its value has only begun to increase. Sooner or later, Bitcoin will be globally recognized!”Entering the crypto world is something to contemplate onTo learn more about the crypto world, after I graduated, I interned at a well-known Turkish financial institution. I thought that regardless of it being traditional finance or cryptocurrency, the criteria for evaluating a project are much the same. At that financial institution, my department was primarily responsible for investments in the primary market. After my time as an intern came to an end, I had become familiar with judging a project’s quality from a capital perspective.After reading a large amount of material about blockchain and learning about its underlying technology, I believe blockchain is a technology that can change people’s lives. Bitcoin has become a decentralized cryptocurrency that has a great investment value.To me, cryptocurrencies have more credibility than fiat currency. Take the current situation as an example. Before the pandemic receded, we saw many countries increase the supply of fiat assets to stimulate their economies. A new round of decline in the purchasing power of fiats is coming, but we cannot do anything about it.In 2017, I finally embraced the crypto world. Although I’m a few years behind Asya, there’s no shortage of opportunities to get rich in the cryptocurrency world.As soon as I entered the market, I experienced a robust bull market that swept the industry. In that bull market, Bitcoin rose to $19,000 from its $1,000 at the beginning of 2017, a full 19-fold increase. Although I did not have an exhaustive experience in this bull market, I also garnered a good profit. Of course, I have investment losses too, like the dumping of Bitcoin on March 12 this year, where I lost a lot. Simply put, you will taste fortuitous wealth as well as the bitterness of loss. This is why I choose to be active on social media to position myself as a guide. I want to give new investors some useful suggestions.To better advise you on trading, I have used a total of eight exchanges, six of which are global. In general, I prefer KuCoin, but this is definitely not a paid endorsement. As KuCoin’s technology strength is well known to all, they can guarantee the safety of my assets, and I don’t need to worry about bugs crippling the exchange that will lead to abnormal liquidation or reduction of my earnings.I’ve been investing in cryptocurrencies for three years, but I’m barely making enough money. It may have something to do with my proclivity for playing with Contracts. It’s not just me; most of my countrymen prefer Contracts. Although we prefer a sound and safe way to invest, there is a spirit of adventure that we all have in our hearts.I like Contracts because I prefer risky investment, either having it all or losing it all. Haha, that’s a joke. A Contract is, after all, a tool. It’s up to you how you choose to use it.If you like Contracts Trading, then you need to choose a credible exchange. So far, KuCoin Futures is the only platform that supports the L3 data push mechanism, which is more transparent and fair than other exchanges. I recommend everyone try it.As an active crypto trader, I also often recommend secure, positive trading experiences to my friends. KuCoin is the one I’m currently enthralled with. KuCoin supports more than just the Turkish language; it also supports an official local Turkish community, and the purchase of cryptocurrency directly with our Turkish Lira (TRY). I also often speak freely in the Turkish Community of KuCoin, offering my own personal suggestions to them, and sometimes KuCoin will officially reply. It’s this kind of personal touch that gets me to like KuCoin.Future of the Crypto WorldTurkey is a country that feels quite affectionate for cryptocurrencies. Perhaps because there are more young people, and they are more receptive to new technologies and assets. In Turkey, you can see things you wouldn’t see in other places. For example, some of the shops lining both sides of the street have Bitcoin signs to show their support for crypto payments.Particularly in Istanbul, Bitcoin’s acceptance among ordinary residents is far greater than many people think, and a number of new shops have recently opened in Istanbul that support the use of Turkish Lira to buy Bitcoin. Some markets even sport Bitcoin ATMs. Many young people in Istanbul began to invest in crypto after the skyrocketing of Bitcoin in the year 2017. What resulted was many cryptocurrency exchanges were set up in the Turkish market in 2019 to try and carve it up once it settled down.To me, the crypto world is gradually moving towards compliance, which is actually a great phenomenon. Sifting for gold in a chaotic world is the story of those that braved the turmoil, but investing in a world of order is the future most are looking forward to. Compliance in an encrypted world will further clear the way for traditional funds to enter the market and accelerate the adoption of cryptocurrency.Of course, many investors are wondering, “With the price of Bitcoin being sky-high, is it too late to get in now?” I’ve wondered this before, but after a robust bull market in 2017, many Turkish investors, including me, believe it’s never too late to invest in Bitcoin.Shortly after my entry into market in 2017, the price of Bitcoin hit an all-time high of $19,000, and for a moment, I felt that the world of cryptography was full of limitless possibilities. Plus, the cryptocurrency industry is still in its infancy and still a non-mainstream investment product. With the mass adoption of blockchain and cryptocurrency, Bitcoin’s future is without limits.For me, investing in Bitcoin is a really exciting thing because Bitcoin is not only something I believe in, but also something I can profit from. In this world, you can’t really backslide if you’re keeping your ear to the ground; you can create your own kingdom to rule over.Related Article: Beautiful People @ KuCoin ① | Financial Independence for Those Who Are Under 30If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.Many Turkish Believe: It’s Never Too Late to Invest in Bitcoin | Beautiful People @ KuCoin ② was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 23

KuChain Weekly Report #12

Dear KuChain Community,It’s been a tense week we just had, with the Korean Peninsula situation being on the edge and the China-India conflict over the Himalayan border being uncertain, among other issues. My astrologist colleague blames the Mercury Retrograde. Although not as specifically sure as my colleague is, I believe in mysterious power, especially under the current circumstances.So, let’s just calm down, be less emotional, be more optimistic, and work as hard as always. Here come the progresses for a tough week:1. Basic Logic and Design- Refactored Genesis support module, removing duplicate code;2. Plugin Related Logic- Improving db-history plugin, supporting plugin replay and plugin startup/shutdown;- Improving KuChain DB tables, implementing user asset table and user table;- Improving browser data query API based on db-history plugin;3. API and Test Case Support- Fixing problems in testing;- Translating KuChain API documents;- Organizing test cases and instruction documents;CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #12 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 19

KuCoin Weekly Report #87–18...

KuCoin NewsMargin Markets Upgraded! Enjoy the New Margin Trading Experience! Details Inside.KuCoin Adds Support for Purchasing Crypto With 17 More Fiat Currencies, Including INR, ARS and PHP. Details Inside.KuCoin Adds Support for Crypto Purchases Using Russian Ruble with Lower Fees via PayMIR. Details Inside.Listed ProjectsNew Added Trading Pair: AOA/USDTDelisted Trading Pair: AOA/ETHCampaigns & PromosPerth Mint Gold Token (PMGT) Golden Trident: 10 PMGT to Give Away! Details Inside.New User Welcome Campaign: Complete Tasks, Earn USDT! Details Inside.Presearch (PRE) Listing Campaign: 1,000,000 PRE to be Won by Traders & Users! Details Inside.ATOM, KSM Soft Staking Carnival: Enjoy Time-Limited APR of 9%-10%. Details Inside.Rewards DistributionKuCoin Futures “ETH Contracts with 10,000 USDT in Benefits!” Rewards Distribution. Details Inside.LUKSO (LYXe) Listing Campaign: Welcome to Your Digital Life with 42,000 LYXe to Give Away!Rewards Distributed. Details Inside.Neutrino Dollar (USDN) Listing Campaign Phase One: $5,000 in USDN to Be Won! Rewards Distributed. Details Inside.NWC Trial Funds Have Been Released. Details Inside.Tech UpdatesPool-X Will Launch Zilliqa (ZIL) Staking via Soft Staking Program! World Premiere! Details Inside.Announcement Regarding the End of BTT Airdrops to TRX Holders. Details Inside.Announcement Regarding the Adjustment of the APR of USDN Soft Staking. Details Inside.Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNSlovenian Telegram: https://t.me/KuCoinfficialskupinaoCroatian Telegram: https://t.me/KucoinHrvatskaOfficialRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRPortuguese Telegram: https://t.me/KuCoinPortugueseVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #87–18/6/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 18

KuCoin Supports Buying Cryp...

KuCoin, an IDG-backed crypto exchange, announced a new partnership with PayMIR, a well-known fiat on-ramp service provider in Russia. The partnership will enable new and existing KuCoin users worldwide to purchase crypto with Russian Ruble (RUB) using their credit and debit cards.According to the data from the RACIB (Russian Association of Cryptoindustry and Blockchain), Russia now has approximately 2 million cryptocurrency investors, and the number is continuing to grow by leaps and bounds. Russia’s huge market capacity and rich pool of blockchain talent have promoted the country, allowing it to become one of the fastest development areas in the blockchain field. By partnering together, KuCoin is enabling Russian traders to purchase cryptocurrencies more conveniently, while also contributing to the blockchain development in Russia.Moscow-based PayMIR currently boasts subsidiaries in the US, Germany, Ukraine, Hong Kong, and Shenzhen, which together have led to the creation of a full-service market where users can buy and sell digital goods, services, and cryptocurrencies. Thanks to this cooperation, KuCoin users can now use RUB to buy USDT in the “Buy with Credit Card” page by selecting PayMIR. After transferring their fiat to PayMIR through wire transfer, users will soon receive cryptos in their KuCoin account.“From its inception, KuCoin has been committed to offering secure, stable and easy-to-use trading services to all users,” said Johnny Lyu, KuCoin Global CEO. “For a long time, moving from fiat to crypto has been a relatively complicated process. It is also a major obstacle for new users looking to invest in cryptocurrencies. We are really excited to partner with PayMIR, and through the PayMIR Core system, we are now able to provide Russian users with a more smooth experience. This is also an important step in KuCoin’s global expansion.”Yuri, co-founder and CEO of PayMIR, said: “PayMIR aims to revolutionize payment methods between international suppliers, making it easier and more compliant. KuCoin is one of the most global exchanges with more than 5 million users, and with our cooperation, more users around the world can enjoy the service PayMIR offers, allowing them to join the crypto world with just a few clicks.”Founded in September 2017, KuCoin has grown into one of the most popular crypto exchanges, and it currently provides a series of financial services including fiat-to-crypto, crypto-to-crypto, futures, staking, borrowing, token launch and more to its 5 million users across 207 countries and regions around the world. One out of four crypto holders worldwide are with KuCoin.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.KuCoin Supports Buying Crypto with RUB through Partnership with PayMIR was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 17

KuCoin AMA Series — DigiByt...

KuCoin AMA Series — DigiByte (DGB) — Full TranscriptDear KuCoin Users,Time: 16th, June, 2020, 20:00–21:00 (UTC+8)KuCoin hosted an AMA (Ask-Me-Anything) session with DigiByte (DGB) in the KuCoin Official AMA Telegram Group.Guest:Rudy Bouwman,Sectetary & Vice Chairman DigiByte FoundationHans Koning,Chair DigiByte FoundationNigel Borremans,Core Member at DigiByte & the DigiByte Awareness TeamAlex Bogdan,core member of the DigiByte Awareness TeamRutger Krijnen,Board member of the DigiByte FoundationIntroduction to DigiByte:DigiByte is a rapidly growing open-source blockchain created in late 2013 and released in early 2014. After 6,5 years of forward thinking development, DigiByte has become one of the safest, fastest, longest and most decentralized UTXO blockchain in existence.DigiByte focuses on speed, security, and scalability. It prides itself with being “faster, more secure, forward thinking”. With significantly faster block timings than any other UTXO blockchain to date (15 seconds).DigiByte has encountered and overcome a number of issues that many other blockchains such as Bitcoin will not face until the advent of the next century. It is due to this forward thinking nature that DigiByte adopted the SegWit protocol through a soft-fork consensusin 2017, being the first major blockchain to do so, well before Litecoin or Bitcoin adopted the upgrade.While other blockchains only utilize a single mining algorithm to mine new blocks and introduce new assets into circulation, DigiByte has employed five unique and independent algorithms in a “MultiAlgo” solution. DigiByte holds the dominant hash-power in 3 of its 5 algorithms globally, by an order of magnitude more than any other competing blockchain. DigiByte also has pionered with Multishield, creating real time difficulty adjustment across the 5 mining algorithms for easy dealing of hashpower fluctuations.Q&A from KuCoinQ: Can you tell us what DigiByte is and how it started?A: DigiByte is a rapidly growing open-source blockchain created in late 2013 and released in early 2014 by the founder Jared Tate. DigiByte is not an ICO, there is no company behind it, but it’s 100% community driven without any authority. All volunteers. It’s the oldest and longest UTXO blockchain. Moreover it’s one of the fastest chains with fees that are close to zero. Security is being obtained by the use of 5 different mining algorithms and tens of thousands of active nodes. DGB coins are mined over time. The circulating supply is around 13B, max. supply is 21B in 2035. Currently we’re moving between #30 and #40 on Coinmarket Cap.DigiByte has its own mobile wallets on iOS and Android, in over 55 languages.DigiByte focuses on speed, security, and scalability. It prides itself with being “faster, more secure, forward thinking”. With significantly faster block timings than any other UTXO blockchain to date.DigiByte has encountered and overcome a number of issues that many other blockchains such as Bitcoin will not face until the advent of the next century. It is due to this forward thinking nature that DigiByte adopted the SegWit protocol through a soft-fork consensus in 2017, being the first major blockchain to do so, well before Litecoin or Bitcoin adopted the upgrade.While other blockchains only utilize a single mining algorithm to mine new blocks and introduce new assets into circulation, DigiByte has employed five unique and independent algorithms in a “MultiAlgo” solution. DigiByte holds the dominant hash-power in 3 of its 5 algorithms globally, by an order of magnitude more than any other competing blockchain. DigiByte also has pioneered with Multishield, creating real time difficulty adjustment across the 5 mining algorithms for easy dealing of hashpower fluctuations.After 6,5 years of forward thinking development, DigiByte has become one of the safest, fastest, longest and most decentralized UTXO blockchain in existence.Q: What are the main applications of DigiByte?A: First: DigiByte is the ultimate merchant coin. You can actually use it at the point of sale, because its so fast and cheap to use, while still maintaining the utmost security possible.Second: Authentication. Digi-ID is a very secure method of Authentication. It uses the same cryptographic signing methods as used for securing the DigiByte transactions.Third: Proof of Authenticity. Proof of authenticity of electronic content. You can use the DigiByte blockchain to put a checksum of any electronic content on it to proof that is is the original.Fourth: DigiAssets. The DigiAssets innovation has just left the station and we can expect great things of that. DigiByte has recently developed and released DigiAssets! DigiAssets are a simple form of a smart contract, yes, its limited, but it is highly secure and fast. The use cases for DigiAssets are just starting to show and will amaze us in the future.Q: So now everyone is talking about decentralization. What does that mean for DigiByte?A: Decentralization is a term that is often used, but rarely fully understood, as its a multi layered concept. The global DigiByte community is striving for decentralization in all aspects of the DigiByte blockchain and ecosystem.First of all the blockchain itself: just like Bitcoin, there is no one that owns the DigiByte blockchain. Its the UTXO setup with miners and nodes that ensure that the consensus of the network as a whole takes care of the transactions on the blockchain.There is no one who can stop a transaction, nor can anyone require permission to send a transaction. So DigiByte is also permission-less: anyone can use, send, receive, mine, run a node, integrate, list or build on the DigiByte blockchain without any permission asked. Its truly in the public domain.Also its code is open-source and anyone can contribute to its development, as many have done so. Also with the mining DigiByte is decentralized. 5 different mining algorithms that use different hardware makes it hard to gain a monopoly in mining DigiByte.DigiByte was never an ICO, so through mining new DigiByte are minted to its max and fixed supply. This ensures an even distribution over time of DigiByte in the community, and prevents from having a small group of people owning all the DigiByte.All this aspects are very important to keep a block-chain truly decentralized, so it can stay permission-less and immutable and keep its value this way.In short: decentralization is at the very core of who we are!Q: How is the block-chain of DigiByte build up?A: The DigiByte blockchain consist of three layers:1. Core Communications Protocol & Global Network Layer: This is the bottom layer of the DigiByte that supports all infrastructure. The Bottom Layer provides Communication and Operating Procedures. This layer is supported by DigiByte nodes and consists of a Global Network of thousands of people running DigiByte software all across the planet.2. Digital Asset / Public Ledger Layer (Think Security): The digital asset layer is what incentives the security of the entire platform. The middle layer provides Security and Administration. And this where the DigiByte Coin resides in a Immutable Public Ledger. In this immutable public ledger all transactions of DigiByte are recorded. For Mining, DigiByte uses five separate mining algorithms for security. The transactions are registered in blocks that are mined and also where new DigiByte are minted.3. Applications / DigiAssets Layer: This is the top layer of DGB that most people utilize in everyday applications, like the DigiByte Apps. The Top Layer can act like an App Store with clear real-world uses. DGB also provides the DigiAssets layer here to build on. All kinds of types of Digital Assets can be created with the DigiAssets protocol on top of DigiByte.Q: Speed of the DigiByte blockchain and how is the DigiByte blockchain secured?A: About the speed of the DGB blockchain : DigiByte has used fundamental Microsoft research on the fastest time possible for blocks to propagate over the network for the development of DigiSpeed.As this is done for each of the 5 mining algorithms, DigiSpeed is a feature that enables faster processing times and allows 15-second blocks on the blockchain, making the network not only much faster, but also more scalable than Bitcoin and many other networks. Thanks to DigiSpeed, the DigiByte network can process around 1066 transactions per second, making DigiByte 40 times faster than Bitcoin.DigiByte transactions appear within one second in your wallet and within 15 seconds the transaction is confirmed on the block-chain. This makes DigiByte actually usable at the point of sale, both in online and brick and mortar stores! Really important.You can actually use it at the point of sale, because it’s so fast and cheap to use, and very safe of course, thanks to the high security of the DigiByte blockchain. Many payment processors and plugins have integrated DigiByte as one of cryptocurrencies you can pay with. A growing number of companies now accept cryptocurrency as a payment option, like Shopify and Microsoft. Moreover, DGB has mobile wallets in over 50 languages, that makes global adoption of DGB for digital payment a lot easier. There are many initiatives in regards to partnerships & applications. The latest partnership is with Threefold. They are building a decentralized internet. We’re currently exploring mutual application of both technologies.About security of the DGB Blockchain : DigiByte is based on UTXO and a Proof-of-Work (PoW) protocol. However, there are crucial differences between the way Bitcoin uses PoW and the way DGB uses it :DigiByte is based on UTXO and a Proof-of-Work (PoW) protocol. However, there are crucial differences between the way Bitcoin uses PoW and the way DGB uses it.DigiByte can be mined, just like Bitcoin and other altcoins and cryptos based on Bitcoin Core. That means that miners work on keeping the network secure and safe, validating transactions and preventing double-spending of DGB by confirming transactions.To make the process of mining more decentralized and secure, the DGB team implemented five different algorithms dedicated to the mining of DGB. These algorithms are based on PoW and are equally distributed on the blockchain to split the power used for mining and make the network safe and secure. This feature is known as MultiAlgo mining.DigiShield is a feature created by the team behind DGB to slow difficulty. It was first released in February 2014 and has since been adopted by numerous blockchains, such as Ethereum, Dogecoin, Zcash, and Bitcoin Cash. It assures protection against multi-pool mining of large amounts of DGB at a lower difficulty. DigiShield can recalculate block difficulty, inspecting each block and correcting multi-pool mining at the beginning or end of operations.Also, recently a new feature was added to the DigiByte blockchain called: Dandelion. Dandelion++ is a privacy-enhancement for the DigiByte blockchain that aids in obfuscating the senders IP address.Q: As I also got some of your community news which talking about Digi-ID. Can you explain what Digi-ID is and why it is important?A: Digi-ID is a security protocol built on DigiByte blockchain technology that empowers users to effortlessly sign-in to websites, applications, and even into the internet of things — building entrances, for example.Digi-ID eliminates the often frustrating username and password requirements for authentication. With DigiID, the hassle of keeping track of various usernames and passwords is a thing of the past. Digi-ID works by automatically generating a unique Digibyte address for each site, application, or product for which a user needs authentication. Because Digi-ID uses public / private key cryptography, there are no passwords or usernames at risk.This method not only protects the consumer, it also protects the website or services that the consumer uses. Even with otherwise outstanding security, should a consumer re-use credentials from another vulnerable site, that consumer puts other users’ data at risk. Digi-ID eliminates all of these security issues.Digi-ID does not collect or store any data about its users. This means there is no liability from using a third-party “identity” service, nor will the website or application inadvertently collect any data from a user unless the service explicitly asks for it. This further strengthens the security while also bolstering end-users’ confidence that their data is neither tracked nor at risk by others’ negligence. With Digi-ID, there are no central servers storing personal information. Through true decentralization, there is not external point of failure for a hacker to target to exploit your platform. Further, because Digi-ID does not save any data to the blockchain, none of a user’s data is at risk of being hacked or stolen.Digi-ID is completely free; there are no fees, subscription services, or maintenance costs. There is no advertising or tracking. Digi-ID’s cost is its second best feature. Its primary feature is that, in accordance with DigiByte’s security prioritization, Digi-ID is a more secure, yet simple method available to log in to websites, applications, and products. Digi-ID is so versatile, it can be used to secure the front door to your house. Since it is built on DigiByte blockchain technology, Digi-ID is anonymous and allows for unlimited scalability while promoting GDPR compliance.The beauty of Digi-ID is that you don’t need any usernames and passwords. So they are also not stored on any server. So they cannot be exposed when a third party is hacked as we have seen so often, leaving all usernames and passwords exposed! See: https://www.digi-id.io/Q: DigiAssets is a fairly new development on DigiByte. Can you explain what DigiAssets is?A: DigiAssets is a secure, scalable secondary layer on top of the global DigiByte blockchain that allows for the decentralized issuance of assets, tokens, smart contracts, Digital identity and much more.DigiAssets can be used to securely and cryptographically represent anything we find in the real world. From real-world assets such as real estate, airplanes, boats and cars to scarce digital pieces of art and music. Signed documents such as wills, deeds, and purchase orders to medical bills and advertisement data and info can be protected as DigiAssets.DigiAssets as an ecosystem and platform already has interested parties planning and or working on to build platforms. We foresee applications in real estate, finance, remittance, identity, point of sale, racing, trade, healthcare, supply chain, government and more.DigiAssets leverages unique aspects of a truly decentralized blockchain only found within a blockchain like DigiByte that have never been publicly discussed in most blockchain circles. This allows DigiAssets to be more secure, scalable and decentralized than any other platform yet seen in the market.What are DigiAssets? https://youtu.be/JoqOn5gTiqEQ: Where can we find more information on the DigiByte Wallets and the third party wallets that support DigiByte?A: Go to our official website, translated in many languages, to download the official DigiByte wallets: https://digibyte.io/#downloadsThe Mobile Apps for Android and IOS are available in many languages too!Also, DigiByte is supported in many third party software and hardware wallets. Check out the total overview on: https://digibytewallets.com/Q: And about the DigiByte Foundation started last year, what’s the purpose of it?A: The goal of the DigiByte Foundation is to promote and support the DigiByte Blockchain and its users, to stimulate the development and worldwide adoption of the DigiByte blockchain and the principles of decentralization in general. Development of DGB technology is a core focus point. In our opinion this is essential to further establish and maintain a sustainable decentralized world. We arrive at this from an underlying and unwavering belief that decentralization is unstoppable.DigiByte Foundation’s vision is to empower the community, and to decentralize the world. That means we want to facilitate and support all of DigiByte’s community and be a pilot for the blockchain community at large. Doing so makes DigiByte a catalyst in creating decentralized solutions that can be applied in the social, political and economical landscapes. The core values the DigiByte Foundation — and anyone who supports it — subscribes to are: decentralization, inclusiveness, permissionless, integrity, transparency — openness, consensus, thought leadership.Once the foundation has garnered some funds, the foundation will in conjunction with the DigiByte community, not only initiate and promote projects and community initiatives, but also promote the DigiByte ecosystem and further development by supporting the developers, business developers and marketers, with a focus on outreach, awareness, education, adoption.The Foundation is inherently not self-serving, but instead serves a community goal. Ordinary business-structures suggest a for-profit goal. This goes against what we feel is important, namely trust. A foundation can help to bring that trust.Additionally, cryptocurrency organizations are helping their currencies to flourish, but want the currency to exist independently. This can be done by providing support in terms of development, research, education, and marketing but without directly benefiting from the cryptocurrency; decentralized and independent. This makes a foundation one of the driving forces behind developments.And then there is a principled reason, namely that the concept of decentralization entails removing the power of authority from the hands of a few and distributing it uniformly among the community. The foundation helps securing that key principle of blockchain, where everyone in DigiByte so wholeheartedly subscribes to.Please also check for yourself: https://digibytefoundation.io/Q: What’s the key contribution of DigiByte to the mainstream adoption of digital payments? Are there any current initiatives in regards to possible partnerships/ applications being placed on the DigiByte Blockchain?A: The key contribution of DigiByte to the mainstream adoption of digital payments & current initiatives in regards to possible partnerships/ applications being placed on the DigiByte Blockchain are:Digital payments with cryptocurrencies are growing, but there is still a long way to go. You can actually use it at the point of sale, because it’s so fast and cheap to use, and very safe of course, thanks to the high security of the DigiByte blockchain. Many payment processors and plugins have integrated DigiByte as one of cryptocurrencies you can pay with.A growing number of companies now accept cryptocurrency as a payment option, like Shopify and Microsoft. Moreover, DGB has mobile wallets in over 55 languages, that makes global adoption of DGB for digital payment a lot easier. There are many initiatives in regards to partnerships & applications.The latest partnership is with Threefold. They are building a decentralized internet. We’re currently exploring mutual application of both technologies!Q: What are some of the major achievements that the DGB project has achieved and what milestones are planned in the upcoming months/years?A: There are too many major achievements to be mentioned, but if we focus on development, we can say that DigiByte is always forward thinking :We became the world’s first blockchain to install SegWit (Segregated Witness). DigiByte is the inventor of MultiShield. MultiShield is the advanced version of the original DigiShield (because of its multi algo mining). It creates an asymmetric realtime difficulty adjustment, and this technology is now even widely implemented in many other blockchains, like Zcash, Bitcoin Cash and over 25 others !There is a complete list of milestones on our DGBWiki: https://www.dgbwiki.com/index.php?title=Roadmap_and_MilestonesBecause we’re all volunteers, there are no defined projects and ETA’s for the future, but we are working on another mining algo, we are looking at quantum computing resistance, we are looking for real world use-cases and we are looking for more partnerships. But as always, we under-promise and over deliver. We are especially proud on the Mobile DigiByte Apps, both on Android and IOS, that both support DigiAssets!Free-AskQ: In my opinion, both Bitcoin and Digibyte works on same solution! Decentralized payments ! So what’s the difference between Bitcoin and Digibyte?A: That is a very good question! Yes, there a similarities between Bitcoin and DigiByte, both are decentralized and both are UTXO blockchains. But DigiByte has 7 generations of mayor improvements. Those generations of improvements make DigiByte way more usable and scalable. DigiByte is 40 times faster and can now already support 1066 transactions per second on-chain. The one second wallet2wallet and 15 second block times make DigiByte actually usable for day to day transactions at the point of sale. As you cannot wait for 20 minutes or more before you can buy something in a store. Also DigiByte has decentralized mining, spread over 5 different algos and different hardware, with real time difficulty adjustment, making it more resilient against 51% attacks and mining centralization. DigiByte is also usable for more applications, like authentication and proof of authenticity. The last one needs on-chain scaling to support and DigiByte is capable of that!Q: If someone wants to become part of the Digibyte movement and communities, what would be the best way to do so?A: Good question. We need more people! It’s rather easy to join DigiByte, unlike other projects. We’re no ICO, and there is no company behind the project. All members are passionate volunteers.So anyone that wants to use his/her skills to work on DigiByte can join and start working.If you are a developer, marketeer, designer, UI/UX specialist, programmer, or if you have skills to reach out to businesses, whatever it is that can be applied and be useful to DigiByte, is very welcome.We are permissionless, and everyone can start helping without an application.The best way to start is by joining a telegram group and share your ideas and ask your questionshttps://www.dgbwiki.com/index.php?title=Telegram_GroupsIn there many people can help you and point you in the right direction.You can also send us a pm. Where very good accessible and available for everyone.Q: You have recently become a partner of Threefold! What have you achieved after this association?Do you plan to get more partners in the future? Are alliances a fundamental part of DigiByte?A: Indeed, we recently started a cooperation with Threefold. We are actually still discussing how to progress, as there are many areas we can add mutual value. The big thing in partnerships is that we are only starting this because we think alike, share ideas, have a similar vision. That is very important, as that is the bases of a strong, lasting, and mutual beneficial partnership. We believe that partnerships need to be fundamental, not simply quickly and convenient. Only so we can continue to add value to you, our valued community.That said, next to Threefold we are indeed talking to various initiatives in the blockchain, crypto and tech space. Reason why DigiByte is so popular is because we are fully decentralized, permissionless, fast, secure and forward thinking. You are indeed correct to assume that partnerships are an intricate part of DigiByte and the community.So, stay tuned for more and interesting partnerships to be announced in the near future.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.KuCoin AMA Series — DigiByte (DGB) — Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 17

Making Money While You Slee...

What’s the happiest thing in the world?The answer is getting your money to work for you!Something like this was once only a fantasy, but now this dream can become a reality here on KuCoin!KuCoin Lend allows you to earn passive incomeUnlike other products on the market, KuCoin Lend is a C2C product launched by the KuCoin Spot Trading Platform. Users can lend their crypto assets that won’t be traded recently through the KuCoin Lend platform. Users that need to borrow funds will match with appropriate lending orders on their own. Once the transaction is matched the lending user will receive value-added income.Sounds great, right? Next, the KuCoin blog will provide a detailed view of the advantages of KuCoin Lend platform.1. Zero FeesThe KuCoin Lend platform does not charge users any fees, and all the income from the interest that users receive after lending their assets belongs to them. After the lending period expires, the principal and income will be automatically sent to the user’s main account.2. Annualized Return of 8–12%The annualized return for a user’s lent assets depends on market demand. When a user fills out a lending order, the user needs to set the lending period and daily interest rate. In conventional markets, the annual rate of return for lending is around 8–12%, and the lending periods can be 7, 14, or 28 days.Friendly reminder: The user needs to meet market conditions when filling in the daily interest rate. If they deviate too greatly, a situation may arise where a transaction cannot be executed.3. Supports Multiple CryptoFor users who HODL , they care more about the number of coins they hold, and the KuCoin Lend platform can meet these users’ needs, while also supporting different types of coins . Currently, KuCoin Lend platform supports 15 types of coins, including USDT, TBC, ETH, and other popular coins, as well as ADA, ATOM, XTZ, and more.4. Low RiskSafety of funds is the single-most important issue to users, and the KuCoin Lend platform has a comprehensive risk control system that can better protect the users’ assets.KuCoin Lend platform not only fits some users’ financial needs, but it also favors users that like to store piles of coins. Users only need to complete a lending order to easily make passive income, regardless of the market situation.How to lend funds on KuCoin? Taking USDT, it only takes three steps to complete lending your crypto assets:Step one: Log into the website and ensure that the assets up to be lent are in the user’s main account.Friendly reminder: Assets in the trading account cannot be directly lent. If you want to lend them, you need to transfer them to the main account.Step two: Click to proceed to the “Lend” page.Step three: Fill in the USDT amount to lend and the range for the interest rate ([0–0.2%]), select the period (7, 14, 28 days), and then click on “Confirm ” to complete.What do you think?Wasn’t mastering how to lend easy?Now, go to KuCoin and begin earning passive income.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.Making Money While You Sleep, How to Earn Passive Income On KuCoin was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 14

KuCoin Adds Support For Pur...

On June 12, 2020, KuCoin, an IDG-backed crypto exchange, announced that it will add support for Indian rupee (INR), Argentine peso (ARS), Philippine peso (PHP), United Arab Emirates dirham (AED), Azerbaijani manat (AZN), Chilean peso (CLP), Colombian peso (COP), Costa Rican colon (CRC), Dominican peso (DOP), Georgian lari (GEL), Kazakhstani tenge (KZT), Moldovan leu (MDL), Namibian dollar (NAD), Peruvian sol (PEN), Qatari riyal (QAR), Uruguay Peso (UYU), and Uzbekistan Som (UZS) to purchase cryptocurrencies. To access this service, users can visit the “Buy Crypto with Credit Card” page of KuCoin, select the Simplex platform, set the payment currency to any of the above fiat, and buy crypto directly.With the acceleration of KuCoin’s global expansion, the crypto platform has introduced three fiat channels, Simplex, Banxa, and OTC Trading Desk, supporting over 50 fiat currencies such as USD, EUR, and AUD for purchasing crypto, lowering the threshold for global users to enter the crypto world.KuCoin Global CEO Johnny Lyu stated: “KuCoin has been committed to promoting the mass adoption of blockchain and cryptocurrencies, and an easy channel to transact from fiat to crypto will largely contribute to this. KuCoin is one of the earliest mainstream exchanges to support Simplex. Also, in addition to fiat gateways like Simplex and Banxa, we are investing a lot to develop our OTC Trading Desk service. Through continuous efforts on fiat channels, KuCoin welcomes more newcomers to embrace and make contributions to the crypto world.”Founded in September 2017, KuCoin has grown into one of the most popular crypto exchanges, and it currently provides a series of financial services including fiat-to-crypto, crypto-to-crypto, futures, staking, borrowing, token launch and more to its 5 million users across 207 countries and regions around the world. One out of four crypto holders worldwide are with KuCoin.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.KuCoin Adds Support For Purchasing Crypto With 17 More Fiat Currencies was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 12

KuChain Weekly Report #11

Dear KuChain Community,How long haven’t you had dinner with friends?Actually, not showing off but sharing my happiness with you all, I’m going to have barbecue with my friends tonight. Please join me treating yourself a decent Friday night dinner, no matter how busy you are!Work hard and rest well, please live an efficient, meaningful and happy life: ) Below is the developing progress this week:1. Basic Logic And Design- Fixing Tx related instructions problems, improving test cases;- Improving handling fee related logic, fixing problems in testing;2. Asset Module- Improving user asset locking logic;- Improving asset attributes, adding asset issuance logic and asset lock logic;- Fixing problems in testing;- Adding default payer;3. Governance Module- Adding slash to gov module;- Changing main token to KuChain/KCS;- Fixing problems when querying txs;4. Token Issue Related Module- Fixing problems in testing;- Adding token issuance related logs to match testing;5. API And Test Case Support- Testing KuChain interface;- Modifying KuChain-js-sdk to adapt to Tx structure;- Adding restful API for lock balance and params change;- Improving test case document, adding signature related process document;CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #11 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 12

Who Is the Richest Bitcoin ...

Every time the “ancient address” becomes active, the crypto world begins to rumble. Every time these ancient whales stir, it is felt in the hearts of crypto investors.For no other reason that this group of whales’ pools of money are overflowing! They have too many Bitcoins so that other investors fear they will appear sometime and mess with the market.But how much do you have to make to become like them?Don’t worry, the KuCoin blog will take stock of three of the richest whales in the crypto world.1. Satoshi Nakamoto, the guy with 10 billion dollarsWhen talking about Bitcoin, you have to mention Satoshi Nakamoto.The father of Bitcoin, Satoshi Nakamoto still owns the most Bitcoins. Based on calculations when Nakamoto was mining early on, he now is estimated to own around 1.1 million Bitcoins.How do we conceptualize 1.1 million in Bitcoin? If we calculate based on the current Bitcoin value ($9,700), well, Nakamoto’s net worth is around $10.6 billion.Surprisingly, Nakamoto has not taken his Bitcoin and filled a pool with money, Scrooge McDuck style, a large portion of his Bitcoins still remain collecting virtual dust. There are wildly differing theories behind why this is the case. Some say that Nakamoto lost his private key. Others think that because Nakamoto succeeded in creating Bitcoin, he will never actually move his fortune. Some think that Nakamoto is… DEAD!Many people have tried to track down Nakamoto’s real identity. From his early correspondence, some have theorized that he is none other than Hal Finney, the deceased computer scientist, while others think that he is cryptographer Adam Back. The guess range the gamut.2. The Winklevoss Twins, invested into 120,000 Bitcoins at the price of $120So, even though Bitcoin was created by Satoshi Nakamoto, then, this pair of twins’ luck investing in Bitcoin should have you green with envy.The Winklevoss Twins gained infamy with their feuding with Facebook founder Mark Zuckerberg, but no one ever considered that these two would become whales in the crypto world.While at Harvard, the Winklevosses and Zuckerberg shared their ideas for building social software. Zuckerberg then unexpectedly split with the brothers to found Facebook, becoming the youngest billionaire in history.The twins insisted that Zuckerberg’s Facebook copied their ideas, which began a years-long plagiarism suit that ultimately compensated the two brothers around $65 million.After receiving their payout, the brothers bought 120,000 Bitcoins, about a percentage point of the total Bitcoins in circulation. At that time, one Bitcoin was worth about $120, and since then, their investment has grown by over 7900%.Do you think the story ends here? Not a chance because this is only a chapter in their lives. In 2008, the Winklevoss Twins represented America at the 2008 Beijing Olympics in the men’s doubles scull rowing, earning sixth place.In 2013, they tried to establish a Bitcoin ETF fund that was compliant with all laws. Although rejected by the SEC, it was also a positive attempt to push Bitcoin to the mainstream.In 2015, they established their own cryptocurrency exchange, the Gemini Exchange, which became the first to obtain official licenses for stablecoin issuance qualifications, then issuing their GUSD stablecoin.3. The man Roger Ver, who once owned 100,000 BitcoinsRoger Ver is not only a recognized name in the cryptocurrency industry, but he was also one of the first batch of Bitcoin billionaires, holding 300,000 Bitcoins at one time.He was one of the first Bitcoin angel investors as well as the CEO of Bitcoin.com. He’s put a lot of energy into giving lectures and supporting Bitcoin, culminating in him even saving Bitcoin from a crisis at one point.In June 2011, Mt.gox was hacked, and he rallied his friends to Japan to help manage the crisis public relations and fix the flaws that caused the hack.In July 2011, Bitcoin’s value dropped from $31 to $2, and many speculated that Bitcoin was a con, but Ver came to the rescue again and gambled $10,000 on Bitcoin. Bitcoin’s increase went on to exceed the value of gold and even the US stock market, increasing over 100 fold after two years.At the New York Bitcoin Conference, Roger met the founder of BitInstant, Charlie Shrem, and invested $120,000 in his project. Afterwards, this company’s success marked the rise of the first Bitcoin companies.What did you learn today? Whales aren’t only about how much money they have, but it’s also about the strong beliefs that they hold for Bitcoin. They love the crypto world from the bottom of their hearts and use their own influence and power to develop it.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.Who Is the Richest Bitcoin Whale? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 12

KuCoin AMA Series — Suterus...

KuCoin AMA Series — Suterusu- Full TranscriptDear KuCoin Users,Time: 9th, June, 2020, 17:00–18:00 (UTC+8)KuCoin hosted an AMA (Ask-Me-Anything) session with Suterusu in the KuCoin Official AMA Telegram Group.Guest:Mr. Huang Lin, CTO of SuterusuIntroduction to SuterusuThe Suterusu project was established in August 2019. It integrates a state-of-the-art trustless ZK-SNARK scheme with nearly constant size proofs, efficient proof generation and verification.Suterusu also introduces the Suter Virtual Machine (SuterVM) which supports smart contract blockchains such as Ethereum.The project also carries an ultimate mission to provide liquidity with privacy built-in across different blockchains.Q&A from KuCoinQ: What is Suterusu?A: Suterusu brings ZCash level privacy to any blockchain platform or application. It integrates a state of the art trustless ZK-SNARK scheme with nearly constant size proofs, efficient proof generation and verification. Suterusu also introduces a Suter Virtual Machine (SuterVM) that supports smart contract blockchains such as Ethereum. Suterusu is a future-oriented privacy-protection protocol built on innovative technology.Q: What is web 3.0 and why we need Suterusu in web 3.0?A: Web 1.0 was a “read-only” Internet; web 2.0 has evolved into a “read-write” Internet. Billions of users can participate in the Internet economy, but what we have is an unbalanced, monopolistic Internet from the perspective of economic benefit. Internet giants have grabbed the majority of dividends from the digital economy while leaving the individual users as the data producer. Users have become the product.Dr. Gavin Wood, former CTO of Ethereum, founder of the web 3.0 foundation, pointed out that Web 3.0 is a set of inclusive protocols that provide building blocks for application developers. These building blocks not only replace traditional Web technologies such as HTTP, AJAX, and MySQL, but also provide a new way to create applications.Web 3.0 involves basic functionalities such as data storage, privacy protection, and identity authentication. All of them need to be implemented as functional modules. These modules place higher demand on the underlying infrastructure, such as openness, decentralization, and security. Compared with protocols focusing on other functionalities, privacy-protection protocols can play a vital role in the construction of data property rights.Blockchain technology, undoubtedly is a fundamental building block for web3.0. It’s also the main reason why we see various interesting web 3.0 projects coming out of the blockchain sphere. The following figure roughly shows the current state of the construction process.A: What are the main features of Suterusu?Q: 1. Suterusu’s original zk-ConSNARK, is more secure without the need of “trusted setup” and more scalable due to its smaller zkp size;2. In terms of its application, Suterusu can provide privacy protection service for mainstream cryptocurrencies, such as BTC、ETH and is more adaptable to DeFI applications compared to Zcash and Monero;3. In terms of token economy, the total amount of Suter is constant, halved every two years, and has the lowest inflation rate among mainstream anonymous coins.A: How many technical advantages for Suterusu compared to Zcash and other privacy computation project?Q: The first one is of cause zero-knowledge proof without trusted setup.We have been talking a lot in the previous series regarding trustless setup. The trusted setup step of zero-knowledge proof scheme involves trapdoor information, which is equivalent to the private key in a signature scheme.We know that once the private key in the signature scheme is stolen, an attacker can use the private key to generate an unlimited number of legitimate signatures.If we map it to the case of zero-knowledge proof, this kind of trapdoor information being stolen means that an attacker can generate unlimited amounts of legitimate zero-knowledge proofs.Several popular cryptocurrencies such as zcash or the two-layer protocol aztec for smart contract platforms are based on a zero-knowledge proof scheme that requires a trusted setup. Even running a secure multi-party computing protocol can mitigate the impact of trusted setup, it doesn’t really solve the problem. It still only provides a limited security level.In addition, the mathematical assumptions on which these zero-knowledge proof Zcash protocol are based on are non-standard and only proposed recently. Their security has not been fully investigated. There are lots of controversies regarding their security in the mathematician society. So even from a purely mathematical perspective, the security of these zero-knowledge proof schemes remain questionable.The zero-knowledge proof implemented by Suter Mirage 1.0 does not require a trusted setup step. All the parameters involved in the setup step are randomly selected from the corresponding group elements through a transparent process. The implementation of our zero-knowledge proof algorithm is in the public repository, Anyone can verify this by checking our code.Lastly, the zero-knowledge proof scheme used in this testnet is based on a standard discrete logarithm assumption, which is also the underlying assumption of various cryptographic schemes that have been widely deployed in practice, so their security ground is very solid.The second advantage is our zkp code library base for smart contracts.At present, the implementation of the general zero-knowledge proof library in the market mainly aims to serve the layer-1 privacy coin, such as zk-snark of zcash, ring confidential transaction of monero, etc.The main difference between the zero-knowledge proof library for the smart contract platform and the zero-knowledge proof library for layer-1 privacy coin is:Under the layer 1 privacy currency UTXO model, a digital commitment scheme is used to protect the transferred amount to the receiver. If the UTXO account recipient cannot open the digital commitment, it only means that the specific UTXO account cannot be used. Therefore, under the UTXO model, the sender does not need to provide a zero-knowledge proof to prove the legitimacy of the encryption key when sending the secret key corresponding to the encrypted amount to the recipient.Mainly out of usability concern, the account model used in the smart contract platforms simulates the working mode of a bank account, so all transfer amounts in the account model are eventually aggregated into one user account. Therefore, under this model, even if the random key of the encrypted transfer amount received by an account cannot be opened once, it would imply that all the other received amounts of the same account cannot be used anymore, because the random key after aggregation could not be used to open the corresponding ciphertext.Therefore, the zero-knowledge proof solution for the smart contract platform needs to provide zero-knowledge proof for the encryption of the account key to mitigate the aforementioned problems. This means that we need to change the corresponding transfer consistency proof and range proof respectively;We have also made modification accordingly to prevent the replay attack against the smart contract platform since it differs from the mechanism used to prevent the double-spend attacks in privacy coins such as monero.Our preliminary zero-knowledge proof library provides transfer consistency proof and range proof for the smart contract platforms. The transfer consistency proof means that the sum of the input amounts and that of the output amounts is equal in a transfer contract. The range proof means that the amount involved in a transfer belongs to the correct range, and hence it would ensure that the attacker cannot launch an attack to print Suter coins out of thin air.The third advantage is that our client implementation supports formal verification.The testnet client is written in the OCaml language, which has been widely used in smart contract programming. The main reason is that it is a functional programming language, so it is easy to write developer libraries and tools for formal verification. The so-called formal verification refers to abstracting the system code into a mathematical model, and then based upon certain predefined attributes and descriptions, we provide mathematical proof to prove the correctness of the algorithm, and hence verify the security of the system.Due to OCaml language’s strong type system and memory management features, OCaml language has a unique advantage in supporting formal verification. The technical community of OCaml language is particularly strong, and there exist many tools that can be used to generate OCaml code for formal verification, such as F *, Coq, Why3, etc. The functions currently supported by the testnet client include: creating an account, performing transfers, viewing account information, generating a signature and the corresponding zero-knowledge proof.For detailed technical solutions, please refer to the Yellow Paper:https://github.com/suterusu-team/Suter_yellowpaper/blob/master/Suterusu%20yellowpaper%20V%200.2.pdfQ: What are the application scenarios of Suterusu?A: Our application scenarios include:1、FintechAnonymous transaction: Bitcoin has been recognized as digital gold by traditional financial industry, and the demand of transaction mixer for bitcoin has increased significantly. Suterusu will provide anonymity transaction for BTC, ETH and other main stream crypto assets.Decentralized payment: Stable coin and legal digital currency is likely to act as an alternative payment to BTC. The People’s Bank of China has proposed a concept of controllable or auditable anonymity in its DC/EP plan. Suterusu will provide similar service for the decentralized payment.DeFi: Based on SuterVM, Suterusu can realize a much more sophisticated smart contract module. For example, it incorporate different regulatory provisions in different countries. The transparency of these predefined rule is guaranteed while the payment privacy can still be protected.2、zero knowledge identificationIn the password based authentication protocol widely used on the current website, the identity of the user who logs in to the website is immediately revealed to the webmaster. However, if users use zero knowledge identification, they can guarantee their privacy when they log in to the website. zero knowledge identification can also be used in voting, donation and auction.3、scalabilityZK-snark allows a large amount of information to be compressed into so-called proofs, and these proofs can keep the same size regardless of the number of inputs. Vitalik suggests that zkp technology can bring dozens of times performance improvement to Ethereum framework.Q: How many partners of Suterusu by now?A: Sure, Suterusu’s technical capacity have attracted strong interests from other public blockchains and DeFi projects:We have partnered with public blockchain projects such as NEO, IOST, and Theta. Suterusu will build Layer-2 privacy protection protocol for these projects, and we have also worked with lead economist from Dfinity on research topics regarding on-chain governance;In terms of DeFi, Suterusu will build strategic cooperation with STPT and SWFT to work together regarding on-chain assets management, i.e., interchain payments.We have also been involved in research collaboration and discussion with researchers from the largest decentralized application project, Basic Attention Token (BAT), which has the largest user base in the world, with more than 10 million monthly active users; DOS Network is also conducting research on privacy protection on the data chain with Suterusu;In terms of Staking mining pools, Kucoin, Hotbit, MXC, Lbank, and Rockx have set up corresponding Suter Staking activities. With the efforts of various companies, the overall pledge rate of Suter reached about 80%.Q: How about the token economy of Suterusu?A: The total amount of Suter Token is capped, and the output is halved every two years. Among them, the team and the foundation will account for 4.8% and 3.2% respectively, private equity accounts for 16%, and 76% of the Suter token is produced through Staking mining.SUTER token has the lowest inflation rate among main stream anonymity coins.As of May 30, 2020, Suter Token has released a total of 1.27 B, the number of participating staking positions is 1.11 B, and the Staking participation rate has reached 87.4%. From October 2019 to April 2020, the actual annualized return rate of Suter Staking exceeds 50%.In addition, Suterusu also launched the SuterDAO community autonomy module. Among them is community autonomy proposal №1. The participation rate of the Staking automatic reinvestment plan reaches 93%, which means that more than 90% of users choose to automatically recover and reinvest the SuterToken obtained by daily mining. This data is enough to show a high degree of recognition and consensus on the project vision.Q: How to run a validate node of Suterusu and vote to them?A: Deposit 5 million SUTER tokens and become a validate node candidate;Validate node has a PoS pool business model and will share the staking rewards according to the “mining power” which is calculated by “mortgage token + voting token” of the validate node;Voting users can be charged 10–20% commission to make up for the operation cost of the node.Already have 26 validate nodes including MXC, Lbank and RockX;Feb. 2020, Alphabit、BlockGroup and Betterbit reinvest through the second market and Curve Capital and BlockX directly invest Suterusu in the same way.Q: What’s the development progress of Suterusu?A: The development of zk-ConSNARK crypto library was completed in March 2020. We have finished the development of test net hiding “the payment address and transfer amount” and have also developed Suter mainchain based on a fork of Substrate library.We plan to launch Suter Chain 1.0 at the end of 2020, and expect to launch at least 2–3 applications on Suter Chain at the same time.Q: Why is Suterusu the strongest black horse on the anonymous track in 2020?A: A principal difference between Web 3.0 and the traditional Internet model is that user privacy is taken into consideration at the beginning of system design, which means that some cutting-edge cryptographic tools will become the cornerstone of the entire system at the beginning of system design. If Bitcoin is the front wave of the traditional Internet model, then the anonymous digital currency is the powerful back wave of Web 3.0 seeking the best balance of user privacy and policy transparency. With our original ZK-conSNARK technology and our laser focus on providing the best possible privacy-protection for both the mainstream cryptocurrencies and defi products, and the lowest inflation rate in the mainstream anonymous coins, Suterusu stands on the top of this wave.Q: Why harmony need privacy features?A: Harmony’s goal is to create a fair and decentralized economic infrastructure for the world.How to make users free and fair? We believe that the first priority is to put user privacy in the first place, including the privacy of user identity and behavior.We see too many real cases where users are not getting a fair shake because of all the labels attached to them. One is ONE, in the blockchain world, the identity of a user should not be directly related to skin color, region, etc. Everyone is a fair individual.In real life, especially in the moment of big data, AI network, people have lost their privacy to control.all are surviving under a magnifying glass of technology , we can only hope that those who have mastered the advanced technology , big chaebol, group etc, don’t be evil, don’t invade us via our privacy.But is it possible? It was no doubt hoped that the tiger would let go of the elk and give him a way out.Give up the illusion, that the only thing a tiger can do is spit out the bones of an elk and start looking for its next prey.Only by truly protecting users’ privacy, can we achieve real fairness and freedom.This is why harmony need privacy features.Q: So why harmony choose Suteruse as partner?A: We find Suteruse’s achievements in privacy protection and zero-knowledge proof, which Harmony needs.Suterusu integration will add ZCash-level privacy to Harmony Protocol.It integrates a state of the art trustless ZK-SNARK scheme with nearly constant size proofs, and efficient proof generation and verification.Suterusu provides privacy protection for several major blockchains and dapps, such as BTC and ETH already. By establishing a privacy-preserving layer-2 protocol on top of Harmony blockchain, Suterusu will bring anonymous payment, confidential transactions to the Harmony network.Through the corporation, a thoroughly transparent layer-2 privacy-preserving of Harmony will definitely facilitate Defi and other decentralized applications more smoothly.We believe this kind of partnership will expand our ecosystem and enable better occupancy for confidential assets.The future of privacy is already here but unevenly distributed.Q: How is Harmony going and what’s the next step?A: Harmony is a fast and secure blockchain for decentralized applications. Our production mainnet supports 4 shards of 1000 nodes, producing blocks in 8 seconds with finality.Our Effective Proof-of-Stake (EPoS) reduces centralization while supporting stake delegation, reward compounding and double-sign slashing.We have just launched our Staking mainnet, which enables true decentralization of sharding technology. All holders of ONE can vote by staking to determine the Validator of different shard. The expected return are now around 40%.Ethereum’s short-term pains are scalability and security, which Harmony has solved with sharding and proof-of-stake.The longterm value of open platforms is decentralization, which Harmony has committed to with thousands of nodes and open development.Our next step is crossdi, open deverlopment, and auditable privacy.you can find our plan at https://harmony.one/plan and https://harmony.one/grantsHarmony focuses on bridging high-growth economies in countries such as China and India, hence CrossFi for cross-border finance. Harmony remains an infrastructure layer; our local partners serve customers with country-specific products and compliance.Free-AskQ: Is there any difference between Harmony Solidity++ and Ethereum’s Solidity?A: We will add more privacy features in Harmony Solidity++.Q: What is meant by ZK-ConSNARK CryptoGraphic Algorithm, used by Suterusu project ? Can you explain in details about ZK-ConSNARK & how it works ?A: The maximum throughput of a blockchain protocol is mainly determined by the maximum block size and average transaction size, which is further determined by the size of SNARK when it comes to a privacy-preserving blockchain protocol.There are mainly two types of ZK-SNARK schemes used in the cryptocurrency space:There are mainly two types of ZK-SNARK schemes:– Zcash has a constant SNARK size but requires a trusted setup step, the compromise of which will allow the attacker to print infinite amounts of Zcash out of thin air without the possibility of being detected [12, 4].– Setup-free cryptocurrency such as Monero, Grin, and Beam do not scale well due to their asymptotically larger SNARK size. Their proof size remains logarithmic even after adopting the very elegant Bulletproof technique [7].We can literally “eat the cake and have it”. We see two routes moving forward to design ZK-ConSNARK schemes:– The first possible direction is by combining probabilistically verifiable proofs with the recently-proposed efficient subvector commitment [8, 5] scheme over groups of unknown order. However, the prover, in this case, might have to perform redundant computation to guarantee the soundness of ZK-SNARK. On the other hand, when the statement of ZK-SNARK is as specific as a confidential transaction with range proof, this extra computational overhead might be acceptable. On the other hand, we are also working on a tailored design of confidential transaction by drawing inspiration from similar schemes based on the RSA group.– We can also base our ZK-ConSNARK scheme on the recently-proposed Spartan scheme [11]. The Spartan is a succinct variant of the sum-check protocol, which is run with a low-degree polynomial encoding a circuit satisfiability instance. Their proof size is k×n^{−c}, where n is the size of the arithmetic circuit and k is a small constant.It is possible to achieve almost constant SNARK size using the Spartan framework since our confidential payment scheme has a pretty simple statement for the underlying SNARK scheme and c can be chosen to be sufficiently large.Since the core technical functionality of our system is an anonymous payment mechanism for smart contract platforms, applying the existing ZK-ConSNARK to our system is non-trivial. The interested user can check our yellow paper [Lin19] to find out how this can be done.[Lin19] Dr. Lin. Suterusu Yellowpaper 1.0. https://github.com/suterusu-team/Suter_yellowpaper.Q: Why your name SUTER??A: Suterusu is Japanese for Stealth.Q: Does $SUTER Have any plan launch their own mainnet?A: We plan to launch Suter Chain 1.0 at the end of 2020.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.KuCoin AMA Series — Suterusu- Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 11

KuCoin Weekly Report #86–8/...

KuCoin NewsKuCoin Partners with HyperLinq to Provide Advanced Tools for Crypto Traders! View Details.KuCoin Futures VIP Program — Optimal Trading Fees for All Users! View Details.KuMEX Brand Upgrade — KuCoin Futures is Coming Soon! View Details.KuCoin AMA SeriesJoin the KuCoin AMA with Suterusu (SUTER), 330,000 SUTER to Give Away! View Details.Campaigns & PromosCelebrate the Launch of ETH Contracts with 10,000 USDT in Benefits! View Details.Neutrino Dollar (USDN) Listing Campaign Phase One: $5,000 in USDN to Be Won! View Details.USDN Soft Staking: Up to 25% APR Cash Back Investment Program for Neutrino Dollar (USDN) Holding! View Details.Stake COTI and Earn High Interest on Pool-X. View Details.Borrow at Margin With Ultra-Low Interest! View Details.Stake CHR on Pool-X and Enjoy APR Up to 25%. View Details.Rewards DistributionEnjoy the Benefits of Margin Trading Rewards Distributed. View Details.KuCoin Futures “Deposit/Transfer Assets to Share 4,500 USDT Bonus!” Rewards Distribution. View Details.Tech UpdatesST: KuCoin Delisting of Some Projects. View Details.May WIN Airdrop Distribution for TRX Holders Completed. View Details.Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNSlovenian Telegram: https://t.me/KuCoinfficialskupinaoCroatian Telegram: https://t.me/KucoinHrvatskaOfficialRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRPortuguese Telegram: https://t.me/KuCoinPortugueseVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #86–8/6/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 08

Get to Know the Difference ...

“What are the differences between margin trading and contract trading?”“How do you choose between margin trading and contract trading?”“Contracts already come with margins, so what is the significance of this tool for margin trading?”Recently, KuCoin Customer Service Department received many questions about margin trading and contract trading from users, discovering that most users are quite passionate about crypto asset derivatives.To clear up the confusion of Margin trading and Contract trading , the KuCoin blog will show you what’s the difference between contract and margin to help users better understand crypto asset derivatives.Margin TradingMargin trading refers to a type of trade in which investors use their own funds as a guarantee, magnify their original principal by several multiples and use these magnified funds to make larger investments. Margin trading confers a higher profit potential than spot trading but also greater risks. In the crypto world, users can employ margin trading to borrow assets from the platform, which enlarges the amounts investors put into the spot market.Contract TradingContract trading is also known as futures trading. Different from spot trading, contract trading is buying and selling the standardized future contracts of commodities or financial assets. According to this future contract, the buyer will buy into assets at a predetermined price at a specified time (named delivery date) in the future, and the seller needs to deliver the asset at the predetermined price at the delivery date.The Bitcoin contracts are mainly classified into two types: delivery contracts and perpetual contracts. Delivery contracts generally use a week, month or quarter as a cycle for delivery and settlement, while perpetual contracts have no delivery date and will never have a delivery settlement.Contract vs Margin, What’s the difference?Both margin and contract trading allow users to use small funds for excessive investments. While increasing the potential of gaining more profits, they also require a larger amount of risk to be borne. Both can be traded in both directions, which means users can either go long or short. Although futures and margin have a lot in common, there are essential differences between the two.First, their markets are not the same. Margin trading is an extension of spot trading and exists in the spot market. Contract trading needs to build an independent derivatives trading market.Second, the number of tokens the two support are also different. Margin trading usually supports more tokens, while contract trading often only supports mainstream tokens. Using KuCoin as an example, current KuCoin margin trading supports 15 tokens, including BTC, ETH, EOS, BCH, and KCS, while contract trading only supports BTC and ETH.Then, the two have different leverages. Currently, margin trading on the vast majority of trading platforms supports 1–10x. For example, KuCoin margin trading supports 10x leverages, while contract trading usually supports even higher leverages of 10x, 20x, 50x, and 100x, which is currently the highest multiple KuCoin supports.Finally, the transactional fees are also different. Margin trading produces loan and transaction fees. Loan fees are calculated when the asset is lent , and the interest fee is generally applied on a daily basis. Contract trading fee is generally only charged on trading (or deliveries), and the perpetual contract has a funding mechanism. Meanwhile, margin trading fee rate is often the same as the spot, usually around 0.1%, while the contract trading fee rate is usually around 0.02–0.05%.So which one to choose? Theoretically, Margin trading and Contracts trading are very different products. Margin has the advantage of supporting more tokens, making it more suitable for users who want to trade multiple altcoins. The advantage of the Contract is that it supports a higher leverage and has no interest on borrowing tokens. It is suitable for users who prefer high leverage or long-term positions with low leverage. Users can make rational choices between the two investment tools according to their needs.*** If you haven’t got a KuCoin account yet, you can sign up here! ***Get to Know the Difference Between Margin Trading and Contract Trading in 5 Minutes was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 07

KuChain Weekly Report #10

Dear KuChain Community,Happy Friday, fellas! Please join me to congratulate Mr. Trump for finally having his “wall”! Except for that it’s around his bunker rather than at the US-Mexican border. Oops, too bad.But anyway, a lot of innocent American people are struggling against the COVID-19 and civil war-like domestic situation, may god bless them all.Here come the developing progresses this week:1. Basic Logic And Design- Reorganizing Codec logic, fixing Tx serialization problems;- KuMsg Data supports friendly and readable output format, and can convert it to full JSON format;- Adding Plugin mechanism, supporting event and msg messages response;2. Plugin Related Logic- Adding test Plugin as module;- Adding db-history Plugin, supporting for syncing events and txs into postgreSQL database;- Designing table structure of db-history corresponding database;- db-history plugin supports transfer data collection;3. API And Testing Case Support- Fixing js-sdk signature problems;- Improving API interface according to browser requirements;CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #10 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 05

4 Reasons Why You Should Tr...

On June 3, KuCoin Futures announced a rebranding as well as the launch of ETH perpetual contracts.As the second USDT-margined contract supported by KuCoin Futures after BTC, the ETH perpetual contract can utilize USDT to go long or short. Now, the KuCoin blog will let you know 4 reasons that you will love the ETH perpetual contracts on KuCoin Futures.1.Up to 100x LeverageETH perpetual contracts support up to 100x leverage, currently the highest across major futures platforms. If a trader has opened a high leverage, when it is at a loss, liquidation can be prevented by adding margins. 100x leverage means that traders can flexibly control input costs, obtaining an even greater ROI.2. Maintaining margin rate as low as 0.5%The maintenance margin rate of ETH perpetual contract is 0.5%, which is the lowest fee rate across major futures platforms. This low maintenance margin rate means that when traders open positions with the same margin and price, the liquidation prices at KuCoin Futures will be better, and it’s less likely to be liquidated. These are a great benefit to traders.3. Consider Spot Price from 6 ExchangesTo ensure the contract market price always anchors the spot price, the ETH perpetual contract index pricing refers to ETH/USDT prices on six major exchanges, namely Binance, Huobi, OKEx, KuCoin, HitBTC, and Poloniex. Thanks to our AI + Big Data algorithm, it dynamically removes outliers to ensure indexes under abnormal market conditions. The price remains much more reasonable and is unaffected by abnormal price fluctuations on a single exchange.4. Insurance Fund + ADL (Auto-Deleveraging) MechanismETH perpetual contracts employ an insurance fund + ADL mechanism. In case of liquidation, the insurance fund will be used to compensate for any losses, and the ADL mechanism will be triggered only if the insurance fund is exhausted. This dual protection helps investors avoid sharing losses and ensures their interests.To celebrate the launch of ETH perpetual contracts, KuCoin Futures has prepared a bevy of events with tons of bonus to give away, check here for more info.About KuCoin Futures:Launched in July 2019, KuCoin Futures has supported Bitcoin perpetual contracts, quarterly contracts, and USDT-margined contracts. To build a public trading platform and environment, it is becoming the only global contract platform that supports level 3 data pushes mechanism. After launching, KuCoin Futures has steadily developed, and its peak 24 hour trading volume exceeded 200 million USD.*** If you haven’t got a KuCoin account yet, you can sign up here! ***4 Reasons Why You Should Try ETH Contracts on KuCoin Futures was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 05

KuCoin AMA Series -KuCoin F...

KuCoin AMA Series -KuCoin Futures — Full TranscriptDear KuCoin Users,Time: 3rd, June, 2020, 20:00–21:00 (UTC+8)KuCoin hosted an AMA (Ask-Me-Anything) session with KuCoin Futures in the KuCoin English Telegram Group.Host:Alicia — Senior Partner of KuCoinGuest:Johnny Lyu — Founder and CEO of KuCoin GlobalWinar Zhang — Head of KuCoin FuturesIntroduction to KuCoin FuturesFirstly launched on July 8, 2019, KuMEX is a cryptocurrency derivatives trading platformdeveloped and backed up by the KuMEX team that offers various leveraged contracts.Since its inception, KuMEX has pushed through with ‘Users First and Foremost’ as its core value and grown rapidly together with users, upholding the principle of security and transparency. KuMEX has insisted on taking the tech as its backbone and building a better trader relationship while constantly pushing for the sustainable development of the digital currency trading ecosystem as the ultimate goal.This platform focuses on leveraged trading and supports leverage up to 100x with a smart algorithm for index calculation. It comes in two formats: Lite and Pro, for new starters and experienced investors respectively. It also offers Level 3 market data feed support. Both USDT-Margined and BTC-Margined Futures, Perpetual, and Delivery Futures are available on the platform.Q&A from KuCoinAlicia: Johnny, would you like to introduce the major changes in KuCoin Futures’ brand upgrade this time?Johnny: The official website of KuCoin Futures has been updated to futures.kucoin.com (https://futures.kucoin.com/), as well as the communities and social media channels. The original domain name kumex.com will still be available for the next 6 months. Users do not need to re-register, and they can continue using their original accounts to access the web, app, and API.Here, I’d like to share our cool brand video and pages of our brand-new KuCoin Futures: https://land.kucoin.com/brand-upgrade-program.Alicia: As the key focal point of KuCoin’s development, what effects will this brand upgrade have on KuCoin and KuCoin Futures?Johnny: The upgrade of the branding is a milestone, which marks the fresh new chapter of positioning and core value for KuCoin Futures.For KuCoin, the derivatives market would become one of the core trading venues in Crypto field in the future. By the time, the proportion of its trading volume will get dramatically elevated in the traditional financial field.The next few years are the golden age for the rapid development of the derivatives, and the upgrading of the brand of KuCoin’s futures trading will grant it more resources and chances for the constant polishing and promotion of the products. This will surely open up a broader prospect and explore the vast potential for KuCoin’s futures development.On the other side, strategically, KuCoin has been working on the layout of its ecosystem construction. As the derivatives market is getting more and more mature, we believe that the value and the global influence of KuCoin on the derivatives market will become more and more evident. Within this golden period, the growing maturity and development of KuCoin Futures will for sure become the most critical driving force to boost the development of the overall KuCoin ecosystem.Alicia: What makes KuCoin Futures different from other future trading platforms? And what convenience can we get if we trade in KuCoin Futures?Einar: What KuCoin Futures distinguishes itself from other futures trading platforms are:1. GlobalizationKuCoin is at the top of globalization deployment with 5 million users around the world. About 10% of these users have enabled futures trading. KuCoin Futures provides 24/7 customer services with 14 languages available together with professional translation support. Each year, we will hold more than 40 meetups for global users.2. Product & User ExperienceWe valued the interaction experience for users very much and has designed and developed KuCoin Futures Lite and Pro versions for traders of different demands. Users can trade anytime and anywhere via our official website, App, API as well as H5.3. Leading TechnologyKuCoin is a team with technical genes. Since the very beginning of our KuCoin Futures project, the team has selected the most professional engineers and experts with technology as belief and pursuit, and this has kept our technology the pioneer in the industry.Alicia: Building an exchange and gaining a trust must be really difficult. What difficulties and challenges did you face in the developing side?Einar: Exchange platform, especially the derivative ones, its entire system is indeed complicated. To make users feeling secured to trade on our platform, we need to firstly win their trust.We are the only futures trading platform supporting level 3 market data that offers all-round market news pushes to ensure the openness and transparency of data and avoid malicious manipulations.We have innovated the technologies including dynamic traffic distribution for high-frequency tradings, intelligent index outlier recognition algorithms, etc., which has greatly improved the robustness and accuracy of our system under extreme market fluctuations.For example, the current index price on KuCoin Futures is calculated based on the latest trade price from six exchanges. We found that to guarantee and improve the effectiveness of the index price we used, KuCoin Futures must be equipped with a good fault tolerance towards the interfaces of those exchanges.As there may be problems like API modifications, downtime, error notifications, etc., which can result in the error of index price and further lead to serious accidents that have happened before within this field, therefore, we have developed a series of intelligent algorithms in index outlier recognition and they turn out to be very efficient. Up to now, our platform system is working very well thanks to the works we have done.Alicia: For a newbie into futures trading, what indicators and options do you recommend? How robust are your matching engines and order speed?Einar: More and more spot traders, even users who haven’t engaged in cryptocurrency are starting futures trading these days. Newbies are always getting confused by the complicated logic and display of trading interface. To avoid such problems, KuCoin Futures has provided the Lite version to help the novices to have a quick and clear understanding and experiencing of the futures trading.Our KuCoin Futures Lite has covered all the basic components that futures trading needs: Sign up -> Log in -> Deposit -> Trade and real-time market tracking and monitoring. User can access to trade via web or H5.We will be providing more videos and guides for beginners and organize seminars for futures tradings shortly. You can find out more by joining our KuCoin Futures Telegram: https://t.me/KuCoin_Futures_TG.Alicia: Some of our users has a suggestion. Chain trade: Opening a position with the potential outcome of active trade. If the active trade closed (stop-loss, limit, etc.) new position opens automatically.Einar: Interesting suggestion. We haven’t yet provided such function on KuCoin Futures, but actually, it can be realized through API, it indeed is about quantitative trading.We always think of quantitative trading as a matter of professional institutions or the kind that will require a large sum of money. However, it is not. KuCoin Futures has released the “Quantitative Program for Users” that our professional quantitative trading team is offering diversified quantitative trading strategies and script for users.Traders only need to set up the parameters according to their needs to start their quantitative trading and this way will be of great help for beginners. Our platform has also organized a series of classes over quantitative strategies and practices. Welcome to join us by contacting newapi@kucoin.plus!Below is the link of trading strategy: https://github.com/Kucoin-academy/Guide, where general trading strategies and illustrations can be found.Alicia: I’ve noticed that the USDT-Margined ETH Contract has been launched on June 2. Can you give us more details about this brand-new product? What features can we expect out there?Einar: Sure! As the first futures not using BTC as the underlying asset on KuCoin Futures, the ETH Perpetual Futures is top-equipped with. The highest leverage of 100x. The lowest maintenance margin rate of 0.5%. Low maintenance margin rate means it is less likely to get liquidated on KuCoin Futures when opening positions under the same margin and price, and this will bring great benefits for users.With the advent of ETH 2.0, the Ethereum’s active address and price have greatly increased. We hope that the launch of the ETH perpetual futures this time can attract Ethereum followers to our platform.Alicia: How to keep the motivation to use your futures platform in the long term?Einar: Apart from the previously mentioned advantages in technology and products, KuCoin Futures has rolled out various programs for users centered on “Traders First”:1) VIP Program: Users with futures trading volume ≥ 20 BTC in 30 days can join the VIP Experience Program and enjoy 0% maker fee. For users who are already VIPs on KuCoin Futures, they can enjoy a quadruple jump in VIP level. In addition, we also provide one-on-one VIP services and trading strategy support.2) Affiliate Program: No matter you are a crypto trader, influencer, content writer, community contributor or even a business entity, come to join and become a business partner of KuCoin Futures and turn your personal influence into tangible benefits. We are offering up to 50% commissions for referrals and professional business development support.Business Partner of KuCoin Futures: https://futures.kucoin.com/agent.3) Trading Activities: Until June 9, 2020, all futures are 20% off in trading fees, time-limited trading fee discount for ETH futures which is up to 100%, with trial fund reward worth of 3,000 USDT. More info can be found here: https://www.kucoin.com/news/en-celebrate-the-launch-of-eth-contracts.Alicia: Where do you see KuCoin Futures in 2 years’ time?Einar: In the next two years, we will focus more on the development of our financial products and new trading engine and keep improving our financial products and technologies. Our roadmap:2020.07: Launch EOS/XRP and other futures2020.11: Launch portfolio margin2021.08: Launch new trading engine2021.10: Support more portfolios2022: Launch optionsFree-AskQ1: How secure is KuCoin Futures?For KuCoin Futures, the security defense builds a security depth defense system from four levels: organization system, management system, technical system, and execution system. We also have the big data risk control platform, which can detect the abnormal behavior of users in real-time, and perform early warning and interception processing.Q2: As we know lately bitcoin price dumped hard -$1,000 in just a few minutes, and also in Bitmex almost drop $2,000 which effects liquidation to users, how you guys can ensure that Kucoin Futures is safer than others for users?BTC price dumped quickly yesterday, BitMEX reached the lowest 8600 and the lowest price of KuCoin Futures was 9254. To ensure the trading experience under extreme market conditions, the update frequency of our market price is 1/s to keep sensitive to price changes. Meanwhile, the overall liquidation is higher, which helps to ensure the prices of extreme markets are reasonable.Q3: Is KYC verification needed to use the KuCoin Futures? What benefits that KuCoin Futures offers to KYC verified users?It is not necessary to use KYC in KuCoin Futures, you can start trading after registration. But after completing the KYC, you can get the maximum 100x leverage, and enjoy the higher daily withdrawal limit which can reach up to 100 BTC.Q4: Currently, Perpetual Swap & Futures still does not support the trader to set advanced orders such as stop limit, trailing stop … like MT4 or BitMEX exchange platform. So in the next time will Kucoin add the same tool to the trader?Now KuCoin Futures supports many kinds of senior entrusts, which include post-only, hidden, reduce-only, GTC/IOC. And you can use take-profit/stop-loss, Close Position by Limit/Market Price with full or part position when you have positions.*** If you haven’t got a KuCoin account yet, you can sign up here! ***KuCoin AMA Series -KuCoin Futures — Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 04

KuCoin Monthly Report May 2...

Post-Halving Era, KuCoin Continues Global ExpansionMonthly Highlight: Post-Halving Era, KuCoin Continues Global ExpansionIn May, while Bitcoin completed its third halving and the crypto world celebrated the anniversary of Bitcoin Pizza Day, KuCoin continued its globalization.We launched the Canadian dollar (CAD) OTC market this month, which supports the Canadian dollar for directly purchasing cryptocurrencies. We also added 11 fiat currency channels through Simplex, which makes it easier for users around the world to purchase crypto assets. As of now, we support 33 fiat currencies for purchasing cryptocurrencies.In addition to continuously expanding the fiat currency channel, we are also actively working to expand the influence of the blockchain. We have launched the “Gold Rush” Super Referral Program, hoping that the majority of crypto enthusiasts can participate in our global brand promotion and user growth, which in turn will help to promote and popularize cryptocurrency to the mainstream world.In order to enhance the influence of KuCoin in the crypto derivatives market and provide the world’s top futures trading experience to its users, the KuCoin Futures team decided to rebrand the platform. After the rebranding, KuCoin Futures will continue to focus on technology, providing new features, and launching more futures products.Please find more news about KuCoin for the month of May below.1. KuCoin Spot Trading Platform1.1 Crypto-to-Crypto Trading*Four new tokens were listed on KuCoin: Sylo (SYLO), Blockstack (STX), LUKSO (LYXe), and Neutrino Dollar (USDN). As of the end of May, KuCoin supports 254 tokens.*Eight new trading pairs were added: SENSO/BTC, DGB/USDT, LYXe/ETH, LYXe/USDT, XDB/BTC, STX/BTC, STX/USDT, and USDN/USDT. As of the end of May, KuCoin supports 442 trading pairs.*BTC Halving Event: Come to Gain Massive Rewards! Click for details*To celebrate our partnership with Dash and the integration of Dash’s InstantSend feature, KuCoin and Dash launched the “Deposit to Win DASH!” Campaign exclusively. Click for details*Celebrated the tenth anniversary of Bitcoin Pizza Day with KuCoin! Click for details*LUKSO (LYXe) Listing Campaign: Welcome to Your Digital Life with 42,000 LYXe to Give Away! Click for details*The following blockchain activities were supported: NUSD Repurchase, One Ledger (OLT) Mainnet Token Swap.1.2 Margin Trading*To celebrate the BTC halving, Borrow at Margin With Ultra-Low Interest! Click for details*Enjoy the Benefits of Margin Trading, Get Your Share of 5000 USDT! Click for details1.3 Fiat Gateways*KuCoin Adds Support for Purchasing Crypto With 11 Fiat Currencies. Users are now able to buy crypto using Hong Kong Dollar (HKD), Malaysian Ringgit (MYR), Nigerian Naira (NGN), Singapore Dollar (SGD), New Taiwan Dollar (TWD), Bulgarian Lev (BGN), Brazilian Real (BRL), Moroccan Dirham (MAD), Romanian Leu (RON), Ukrainian Hryvnia (UAH) and Mexican Peso (MXN) on the Simplex platform, along with the 22 fiat currencies already supported! Click for details*KuCoin Launches Canada OTC Market, Up to 10K USDT to Give Away! Click for details2. KuMEX*Warmest Love for Mom — KuMEX Offers Big Bonus for Mother’s Day! Click for details*Celebrate the Bitcoin Halving: Double Rewards and 50% off Trading Fees for KuMEX Contracts. Click for details*4,500 USDT Bonus to Give Away: Deposit/Transfer Assets to Claim a Share. Click for details3. Pool-XPool*Pool-X launched a staking product CHR-21 with an APR that can reach up to 30%. During the staking period, in addition to the staking benefit from the project, users can also get a share of the mining rewards of 250,000 POL every day! Click for details*Pool-X launched a trial version staking product called “KCS-Staking (Beta)” for users to experience POL mining by locking up KCS. During the staking period, users can also get a share of the mining rewards of 250,000 POL every day! Click for details*TRX Soft Staking Carnival Round 2: Enjoy Time-Limited Higher APR of 10%-12%! Click for details*Pool-X launched the ROOBEE Staking products ROOBEE-30 and ROOBEE-90! During the staking period, in addition to the staking benefits of each project, users can also get a share of the mining rewards of 250,000 POL every day! Click for details4. Technical & Commercial Updates:*KuCoin launched the global OTC Merchant Recruitment Program. We invite global merchants to apply and enjoy exclusive benefits. Click for details*KuCoin Launched Gold Rush Super Referral Program. KuCoin welcomes all crypto fans and enthusiasts in the world to join together in the promotion of the KuCoin brand and user growth, so as to achieve mutual benefits between KuCoin and all participants. Click for details*Project Pinocchio — — Phase 3 List. Click for details*In order to enhance the rights of VIP users, the KuCoin team has upgraded the VIP benefits program. Click for detailsJoin KuCoin Global Communities to get the latest updates about KuCoin.KuCoin Monthly Report May 2020: was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 04

KuMEX Rebrands as KuCoin Fu...

On June 3, 2020, KuCoin, an IDG-backed exchange, announced that its futures trading platform KuMEX will be rebranded as “KuCoin Futures”.The official website of KuCoin Futures has been updated to futures.kucoin.com. The communities and social media channels will also be renamed. The original domain name kumex.com will still be available for the next 6 months. Users do not need to re-register, and they can continue using their original account to access the web, app, and API. The features on the KuCoin Futures website will not be altered during the upgrade.Since going online in July 2019, KuCoin Futures has supported Bitcoin perpetual and quarterly contracts as well as USDT-Margined perpetual contracts. To create a fair trading environment, KuCoin Futures is the only futures platform that supports the Level 3 data push mechanism. With its rapid development, the highest trading volume of KuCoin Futures has exceeded USD 200 million. To further enhance the influence of KuCoin in the crypto derivatives market, reshape the core value of the KuCoin Futures brand, and provide the world’s top futures trading experience to its users, the KuCoin Futures team decided to rebrand the platform.After the rebranding, KuCoin Futures will dedicate more resources to the platform to keep the products polished, leading to the launches of BCH, EOS, and other contracts. It will also provide new features, such as Cross Collateral, high-frequency trading dynamic diversions and big data risk controls. KuCoin Futures will provide users with derivative financial services that are both safe and fair.KuCoin Global CEO Johnny Lyu stated: “KuCoin has been promoting the underlying infrastructure for the crypto world and laying out a cryptocurrency ecosystem. As the crypto derivatives market continues to mature, the proportion of its trading volume will be close to that of the traditional finance market, and the next few years will be a golden period for the rapid development of crypto derivatives. As KuCoin Futures continues to develop, we will see the value and global influence that KuCoin has in the derivatives market. The KuCoin Futures platform will also become the most important development engine of KuCoin.”Alongside with the rebranding, KuCoin Futures will launch the ETH perpetual contract with 100x leverage, and offer a maintaining margin rate as low as 0.5%. In addition, KuCoin Futures will launch more promotional activities, such as the affiliate program, trial fund, new VIP fee structure and more.*** If you haven’t got a KuCoin account yet, you can sign up here! ***KuMEX Rebrands as KuCoin Futures with the Launch of ETH Perpetual Futures was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 03

KuCoin Doubles Down on Its ...

KuCoin, an IDG-backed crypto exchange, today announced that it has partnered with Chainalysis, the blockchain analysis company, further deepening its commitment to compliance and security and jointly promoting compliance-first business practices in the crypto industry. KuCoin will use Chainalysis KYT (Know-Your-Transaction) software to detect and prevent money laundering and illicit activity in real-time and Chainalysis Reactor to conduct further investigations into suspicious activity.In addition to leveraging Chainalysis KYT for compliance, KuCoin has also built its own fraud monitoring system to identify early warnings of abnormal behavior to protect the security of users’ digital assets.“We teamed up with Chainalysis to create a safe and compliant trading environment. Through KuCoin’s efforts, the crypto world will combat illegal activities, such as laundering money and financing terrorism.” KuCoin Global CEO Johnny Lyu said. “Although KuCoin has already deployed in this aspect, we hope to further strengthen our technical expansion into compliance with our cooperation with Chainalysis. Not only does it provide infrastructure to the blockchain ecosystem, but it also meets regulatory compliance requirements across different countries and regions.”“Chainalysis is thrilled to partner with exchanges like KuCoin that prioritize compliance and the safety of its users,” said Jason Bonds, Chief Revenue Officer, Chainalysis. “Our relationship with KuCoin is also an example of our continued commitment to working with leading exchanges in the Asia Pacific region, an important hub of cryptocurrency activity.”Founded in September 2017, KuCoin has grown into one of the most popular crypto exchanges. Now, KuCoin offers financial services including fiat-to-crypto, crypto-to-crypto, futures, staking, borrowing, token launch and more to its 5 million users across 207 countries and regions around the world.Chainalysis serves as a strategic partner to financial institutions, governments, and cryptocurrency businesses like KuCoin around the world, providing expertise on sophisticated cryptocurrency crime and money laundering tactics, techniques, and procedures. Chainalysis KYT (Know Your Transaction) enables compliance teams to monitor large volumes of cryptocurrency activity and identify high risk transactions on a continuous basis by applying global AML standards to each transaction across all users within an organization’s user base. Chainalysis Reactor, the company’s cryptocurrency investigation software, helps identify and stop bad actors using cryptocurrencies for illicit activities such as fraud, extortion, and money laundering.About ChainalysisChainalysis is the blockchain analysis company providing data and analysis to government agencies, exchanges, and financial institutions across 40 countries. Our investigation and compliance tools, education, and support create transparency across blockchains so our customers can engage confidently with cryptocurrency. Backed by Accel, Benchmark, and other leading names in venture capital, Chainalysis builds trust in blockchains. For more information, visit www.chainalysis.com.About KuCoinThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and has enjoyed steady growth into 2020. The KuCoin Exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 200 countries. In November 2018, ‘The People’s Exchange’ officially partnered with IDG Capital and Matrix Partners.*** If you haven’t got a KuCoin account yet, you can sign up here! ***KuCoin Doubles Down on Its Commitment to Compliance and Security with Chainalysis Partnership was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 01

Financial Independence for ...

Tom, an early KuCoin adopter, was born in 1994. Across the bull markers in 2017, Bitcoin grew to almost $200,000 a coin. Many projects saw a rise of 10x or even 100x, giving many their first taste of wealth. Tom was also one of those who reaped the rewards. What’s his history with crypto? KuCoin will explain.To increase the article’s readability, the following is Tom’s readme:I’ve always thought that I was special since I was little. Even though I didn’t study too much and wasn’t great at studying, I still had this confidence.When I was little, I lived in an alley. The neighbors were all known by my parents. When it came to winter and summer vacations, it was paradise for wild kids like me, as we could climb trees and catch birds with our friends. When we were tired, we all chipped in to buy a soda. Summertime was beautiful back then. Scattered, brightly lit dots were sprinkled across the umbra. Although it was so hot that you thought you’d explode, taking a sip of that cold soda made everything that much cooler! Winter was also bursting with fun! Either eating roasted sweet potatoes that were so hot that they jumped, or placing fresh and tender roast mutton into your mouth while snow as big as goose feathers fell outside your window!My parents did not expect anything from me. They didn’t want me to be rich or famous, but grow up safe. This is where our story begins. Do you think there might be a reversal? No, I’m still a happy child, commonly called “study slacker”. Although I was a mischievous child, this didn’t prevent me from becoming a “just” young man. My life’s motto is to walk down a rough road to see a roaring life, and this also became a turning point in my life.A kind person’s luck isn’t all that badAround 2016, I realized something that caused me to meet an important person that foreshadowed my entrance into the cryptocurrency world.I vaguely recall that it was a hot summer day when I encountered a “car accident” while parking outside, but you really couldn’t call it an accident, more like bad luck. A little guy named Jerry was parallel parking. An older man riding his rickshaw crashed and fell onto the ground.In fact, each person was in the wrong. Jerry wasn’t paying attention to his environment, and the older man didn’t see the car lights. But things had to be ultimately resolved, and more and more people appeared on the sidewalk. Jerry’s screen on his phone went out because it ran out of juice, and the older man didn’t explain clearly where he was feeling uncomfortable and whether there was anyone close to him that could be called on his behalf.It was at this moment that my “soul of justice”, which before was nowhere to be found, was ignited. I first stepped in and gave Jerry my phone, so he could use it, and then helped the old man contact his family. Then, I took him to the hospital to get checked out, letting Jerry wait at the scene for the insurance company to determine the damage then and there. After we arrived at the hospital, I didn’t only help Jerry pay his medical bills, but also brought Jerry a fruit basket to take to the old man on the next day.After the accident, Jerry and I became good friends. We two often drank and feasted together. All of a sudden, he asked me if I knew about Bitcoin and blockchain.I certainly didn’t know what they were then. I was eating the meal and suddenly got a lecture on technology, but Jerry was reluctant to explain, and I was embarrassed to interrupt, so I listened and ate. Although I was multitasking, I still remember one sentence he said: “This can make money!”Investing in this is Metaphysics!Investing in something like this is fundamentally metaphysical, 30 percent technology, 70 percent luck. I thought I was only relying on luck, on the one hand because I knew Jerry, on the other hand because of the large bull market.Then it was in 2017 with a mega bull market. Bitcoin skyrocketed from $1,600 to $19,000. In this market, there wasn’t a need to choose any one currency, as long as you could make money.I bought NEO, Dogecoin, XAS, and HCC one after the other. Although these currencies increased quite nicely, it was the platform token that really allowed me to achieve financial independence.Here, it is necessary to talk about the exchanges I used in those years.To start off, I used a small exchange, which most people had probably never heard of, and it was an experience I can summarize as not good.Afterwards, I moved on to another fairly famous exchange, which was pretty good, but their customer service was disappointing. I remember that year that they used the same real-name authentication that SNS used. I waited for the customer service for half an hour. By the time they got to me, I had already hung up the phone. Then, I thought only one thing: The customer is always right!In 2017, exchanges sprouted up like flowers after a downpour, and there were a lot of options. If the exchange wasn’t satisfactory, I left it. After that, I came to KuCoin, and I must say that KuCoin’s customer service is quite good.I could be considered an early KuCoin adopter, and can be considered a VIP user! I still remember when I purchased KuCoin’s platform token KCS at the time, and KCS’ price had not reached 0.35 USDT, which eventually rose the bull market wave to 20 USDT, 60 times its initial price. Even though I wasn’t able to sell at its peak, I was still able to make more than 1 million USDT in earnings.Of course, my experience is hard to replicate, and that era has already concluded. One sentence left an impression on me: “We are all enveloped by this era. Success isn’t just about how good you are, it’s about whether luck allows you to feel the pulse of that given era!”I indeed met a great opportunity and it allowed me to feel the pulse of Bitcoin.After I made money, I sent a million to my family! My dad was in a panicMaking money in the crypto market makes it very easy to lose yourself. The money is too easy, and you can make millions in one night. Once I made my first pot of gold, I was enthused, but I never felt that same feeling again. Watching the numbers grow on my bank cards didn’t fill the void in my heart. Although it’s easy to scoff at, it’s truly the case.But, making money attracted quite an interesting thing. I still remember that after making money, I transferred a million to my family. I unexpectedly received a call from my father. He talked about legal programs he saw on TV and subtly hinted he was worried whether I did anything that violated the law.At that time, I didn’t know if I should cry or laugh. How should I explain the source of this money to him? They wouldn’t know what crypto investing is. To erase all of their doubts, I decided to demonstrate it to them in person. The funny thing is that my father started to invest in crypto after that. He went into the crypto market, and ended up in losing hundreds of thousands of dollars. Then he gave up and is now enjoying his golden years.Compared to my father’s timely losses, what I have gone through was much greater, which also caused my assets to shrink significantly. I participated in the ICO Telegram group, and then it blew up. As long as you can seize quotas, it can be several times an average income, but I didn’t think in the face of huge profits. I continued to bet and finally lost a thousand ETH.But for me, one of my virtues is that I have a good mindset and even if I lose, I still think about it openly. And as my wealth can be contributed to the crypto market, my losses can also be contributed to the crypto world.Yet it’s a happy thing. Investing in crypto made me meet my other half. In fact, I’m quite proud about it. That year, I was a full-time trader, and my days were turned upside down, and then, for my health, I took Jerry to a gym to get fit. As a result, matchmaking in the gym led to love and then to an exchange of vows.Love is often more precious than wealth, but fortunately, this time I stepped on the pulse of love.Advice for New Crypto InvestorsIn fact, looking back on my crypto experience, I consider myself a very lucky player: First, I met the right friend, then I was informed at the right time, and finally I met the right person, but this is an event with a low probability. Because I was in the right time and right place, I got what I have.In this situation, making a lot of money isn’t a certainty. Based on my personal experience, I want to give newcomers two pieces of investment advice for this field:The first is, in addition to valuable platform tokens, the top five coins by market cap are prioritized. These coins have passed the tests in the market and have a relatively low chance of shooting themselves in the foot. The second is to choose a reliable exchange. I now trade on KuCoin, and my experience is still quite good. Just like Apple, their operations are simple, their technology is robust, and their linchpin is system stability.I personally care quite a lot about the stability of the system and funds. Although KuCoin is not the biggest one, they are doing quite well in both these aspects. This is why I still trade on KuCoin. My life has become all about crypto, but in the future, who knows?But, I still want to continue with crypto for a long time.*** If you haven’t got a KuCoin account yet, you can sign up here! ***Financial Independence for Those Who Are Under 30 | Beautiful People @ KuCoin ① was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 01

KuCoin Weekly Report #85–1/...

KuCoin NewsProject Pinocchio — — Phase 3 List. View Details.KuCoin Gold Rush Super Referral Program. View Details.KuCoin OTC Merchant Recruitment Program. View Details.KuCoin AMA SeriesKuCoin AMA Series — Chromia — Full Transcript. View Details.Join the KuCoin AMA with KuMEX, 1,100 USDT Rewards to Give Away! View Details.Join the KuCoin AMA with WOM Protocol, 14,000 WOM to Give Away! View Details.Listed ProjectsLUKSO (LYXe) is now available on KuCoin. Supported trading pairs include LYXe/ETH and LYXe/USDT.Blockstack (STX) is now available on KuCoin. Supported trading pairs include STX/BTC and STX/USDT.Neutrino Dollar (USDN) is now available on KuCoin. Trading service of USDN/USDT will open at 18:00 on June 1, 2020 (UTC+8).New Added Trading Pairs: XDB/BTCCampaigns & PromosStake ROOBEE on Pool-X, Earn Time-Limited High Yield. View Details.KuCoin Launches Canada OTC Market: Up to 10K USDT to Give Away!. View Details.LUKSO (LYXe) Listing Campaign: Welcome to Your Digital Life with 42,000 LYXe to Give Away!. View Details.4,500 USDT Bonus to Give Away: Deposit/Transfer Assets to Claim a Share. View Details.Stake XNS on Pool-X and Enjoy APR Up to 10%. View Details.Enjoy the Benefits of Margin Trading! Get Your Share of 5000 USDT! View Details.Rewards DistributionKuMEX “Celebrate the Bitcoin Halving” Rewards Distribution. View Details.KuMEX “Zero Trading Fee Offer for Mother’s Day” Rewards Distribution. View Details.Celebrate Bitcoin Pizza Day with KuCoin Rewards Distributed. View Details.“Partnership Celebration: Deposit to Win DASH!” Rewards Distributed. View Details.Sylo (SYLO) Listing Campaign Phase One: 2,800,000 SYLO to Give Away! Rewards Distributed. View Details.Tech UpdatesApril VTHO Distribution for VET Holders Completed. View Details.April ONG Distribution for ONT Holders Completed. View Details.KuMEX First Round of Trial Fund Activity Is Completed. View Details.May JST Airdrop Distribution for TRX Holders Completed. View Details.The KuCoin VIP Benefits and Fee Rate Upgrade Notice. View Details.Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNSlovenian Telegram: https://t.me/KuCoinfficialskupinaoCroatian Telegram: https://t.me/KucoinHrvatskaOfficialRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRPortuguese Telegram: https://t.me/KuCoinPortugueseVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #85–1/6/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 06. 01

KuChain Weekly Report #9

Dear KuChain Community,Children’s Day is coming! No matter how old we are, childlike innocence is essential, as living with it, we will never really be aging. So, wish you all a happy Children’s Day, and more importantly, wish you all a pure and colorful life!Now, let’s see the developing progresses for the week.1.Basic Logic And Design- Introducing Kuchain Transaction definition,refactored Trx signature process;- Organizing and refactored ante handler method;- Migrating and refactoring some modules from csomos-sdk to chain;2.Account Module- Refactored Auth message structure, account module supports multiple auth;- Fixing problems in the testing;3.KuChain Logic Module- Testing module interface and logic, fixing problems in the testing;- Reviewing Stacking module and Distribution module;4.API and Testing Case Support- Adding auth related orders and API support based on account module;- Adding and debugging KuChain account module related rest orders;- Developing KuChain js-sdk and adding basic testing cases;- Developing KuChain js-demo;CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #9 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 29

KuCoin AMA Series — WOM Pro...

KuCoin AMA Series — WOM Protocol — Full TranscriptDear KuCoin Users,Time: 28th, May, 2020, 17:00–18:00 (UTC+8)KuCoin hosted an AMA (Ask-Me-Anything) session with WOM Protocol in the KuCoin Official AMA Telegram Group.Guest:Melanie Mohr, Founder & CEOJeremy Lindström, Head of OperationsIntroduction to WOM ProtocolLaunched at the beginning of 2018 by a team based in Berlin and Malta (now Singapore), the WOM Protocol is a martech solution that tackles current issues the marketing and advertising industry is facing.Brands and advertisers compete against each other for consumers’ increasingly-limited attention using over-saturated advertising mediums. Ad-blockers, skepticism concerning “authentic” influencer brand promotions, and banner-blindness mean much of advertisers’ budgets are wasted on ineffective strategies.The WOM Protocol, together with the WOM Token, is a martech that enables brands to access genuine word-of-mouth recommendations. The WOM Protocol provides a way to reward creators for their product-referring content without compromising consumer trust in the content and its creators. The WOM Protocol will become the main marketing channel for brands, targeting the $237 billion annual digital marketing spend, and the main revenue stream for content platforms.The WOM Protocol is scaling an entire ecosystem enabling monetization of word-of-mouth recommendations for brands, creators, and publishers. The WOM Protocol is live and being tested with more than 900 brands — including adidas — and platforms with a network of hundreds of thousands of creators and authenticators.Q&A from KuCoinQ: Can you please tell us a bit about your background and where the idea for the WOM Protocol came from?A: I am a Berlin-based entrepreneur with 20 years’ experience in media, marketing and mobile applications. In 2016 I founded YEAY — a product recommendation app for Generation Z and in 2018 I became the founder and CEO of WOM Protocol.Toward the end of 2017, we were implementing a points-based reward and loyalty program in the YEAY app a social commerce platform. As we spoke with our young user base, we learned that cryptocurrencies and tokens were much more appealing to them than a traditional points system.So we looked at the other projects on the market at the beginning of 2018 that were implementing tokens and began to tokenize our app. Fortunately we made friends early on with some key blockchain experts who helped steer us away from what we later learned were scammy and hype ideas with no blockchain foundation.Instead we explored the true potential of a reward system that incentivized authenticity in content and realized we were creating something much bigger that could be used by many more platforms than just the YEAY app.The WOM Protocol (which stands for the Word-of-Mouth Protocol) was born and we’ve spent until now developing the economics, incentives, apps, and all other parts necessary for creating a blockchain-based ecosystem.Q: what’s the goal and purpose of the WOM Protocol?A: So the WOM Protocol is scaling an entire ecosystem enabling monetization of word-of-mouth recommendations for brands, creators, and publishers. The WOM Protocol is live and being tested with more than 900 brands — including adidas — and platforms with a network of hundreds of thousands of creators and authenticators.The WOM Protocol, together with the WOM Token, provide a way to reward creators without compromising consumer trust in the content and its creators. The WOM Protocol will become the main marketing channel for brands, targeting the $237 billion annual digital marketing spend, and the main revenue stream for content platforms.Q: Can you outline the different types of stakeholders and participants involved in the WOM ecosystem and their roles?A: Of course. There are five different types of stakeholders and participants within the WOM Ecosystem:1- Content CreatorsCreate WOM-relevant content on a platform.Earn WOM Tokens for user engagement with WOM content.Stake WOM Tokens as collateral to receive the right to participate in content creation in exchange for the option of earning WOM Token rewards.Lose WOM Tokens if cheating (fake accounts, click farms, collusion, etc.) the WOM Ecosystem.Content creators can use the YEAY app for now and more apps will follow.2- ConsumersReceive access to high-quality, trustworthy WOM content.Benefit from recommendations of trusted peers.Engage with WOM content on a platform.3- AuthenticatorsValidate the content according to WOM relevance.Earn WOM Tokens for validating WOM content.Stake WOM Tokens as collateral to receive the right to participate in content validation in exchange for WOM Token rewards.Lose WOM Tokens if cheating the WOM Ecosystem.The Authenticator is a new job that we have created. Anyone can do such a job. Watch content and rate it.4- Brands, Retailers, & MarketersUse WOM Tokens to gain access to user-generated WOM content.Create a connection to new consumers through their fans.Can add links to WOM content and track engagement.Can increase the reach of specific content.Can incentivize the creation of content about a specific product.Can reward their fans just for being loyal advocates.This is amazing for brands like adidas. They get to see content from real product fans and can use the content in all their marketing initiatives.5- Content Publishing & Distribution PlatformsThere are some nuances between the different publisher and distribution platforms that can adopt and use the WOM Protocol that we don’t have time to get into in an AMA. But overall, these platforms:Provide interfaces to the WOM Protocol for creators and consumers.Earn a share of content creator rewards.Operate as trusted intermediaries for tracking content interactions.Design news feed algorithms to properly place authenticated content supported by brands to maximize platform rewards.Even Instagram, Facebook, Snapchat or TikTok could use the WOM Protocol — we are decentralized in our approach!Q: Can you describe the creators and authenticators a bit more and explain who these people are?A: Creators and authenticators can be anyone. There are no prerequisites or requirements that people must pass to become a creator or authenticator.Anyone who makes a recommendation on a WOM-supported platform is a creator. And the authentication process succeeds because anyone can authenticate and offer their opinion about the authenticity of these recommendations.Naturally the current creators known as influencers are an obvious type of creator and see huge benefits from the WOM Protocol over the current influencer system. But even “regular” people with much smaller circles of only their close family and friends have the possibility of earning WOM as well.Additionally, people who may not be as comfortable in front of the camera but have an intuition for authentic content will excel as authenticators. With the WOM Protocol, authenticity is king and creators and authenticators are rewarded accordingly.Therefore, the WOM Protocol essentially opens up influencer marketing to everyone and creates a brand new role in the gig economy: the authenticator.Q: Can you please explain the staking system WOM uses?A: Content creators must stake a certain number of WOM Tokens to get their content authenticated. If the quality of the content is evaluated above a certain threshold, the content creator may earn WOM Tokens. If the content is rated below a certain threshold, the content creator loses their staked WOM Tokens.Authenticators likewise stake tokens for the right to authenticate content. If their authentication falls within the majority consensus with other authenticators, authenticators can earn WOM Tokens. If their authentication is not in the majority, they lose their stake.Q: Can you please tell me what are the main utilities of the WOM Token?A: The WOM Token currently has two main utilities.Reward unit: Brands, content creators, and content authenticators all use the WOM Token in various ways to reward actions within the decentralized WOM Ecosystem.Earning rights: Content creators and authenticators need to stake WOM Tokens (as collateral) to make their content available for campaigns.At a later stage an additional utility will be added.Governance: The ultimate goal of the WOM Protocol is to become a DAO. At the DAO stage token holders will have decision rights in order to influence the most crucial changes to the WOM Token smart contracts. The smart contracts define how the economy works.Q: And you said the WOM Protocol is live now? That’s unique in today’s project environment! Where can people become creators and authenticators and earn WOM Tokens as you just described?Yes, the WOM Protocol is live now and can be seen and tested in two apps: the YEAY app and the WOM Authenticator app.The first creator app to adopt the WOM Protocol is the YEAY app. The YEAY app is a social commerce and product recommendation platform. Currently the WOM Protocol is in “test mode” in the YEAY app and creators can make recommendations, stake, and earn a version of WOM Tokens that will be swapped to real WOM Tokens when the WOM Protocol migrates to the public chain later this year.https://apps.apple.com/de/app/yeay/id1070699048?l=enhttps://play.google.com/store/apps/details?id=yeay.tv.yeay&hl=enThe WOM Authenticator is live as well and anyone can download the app and start authenticating recommendations:https://play.google.com/store/apps/details?id=io.womprotocol.authenticator&hl=en_UShttps://apps.apple.com/app/wom-authenticator/id1501404475?lIn both apps, WOM Tokens are given to users as an “early tester” bounty to use as free stakes to experiment with the apps.The Campaign Manager which brands and advertisers will use to access word-of-mouth recommendations will launch later this year.We have achieved a lot already. The apps are bost live and we are testing it with our community. We are thankful for any feedback and want to improve quick!Q: The development you’ve accomplished up to this point is impressive. What prizes or awards has WOM won during this time?A: We’ve won a number of awards in the past couple years. I’ll share a few of the highlights.WOM won the $200k grand prize at the TokenMatch competition hosted by The Element Group in San Francisco. WOM received a 100% vote from all 40 investors.WOM was selected from hundreds of startups to be one of the initial 12 startups in the brand new adidas accelerator program in Paris, France. YEAY was accepted as well.And this year WOM got first place in the blockchain pitching event in Davos during the World Economic Forum. As a result, WOM will be featured by expert analyst Teeka Tiwari in a publication by the renowned crypto analysts Palm Beach Research Group.Free-AskQ: Melanie, I see you often bring in the gender sentiment into most AMA discussions. Why? Now, how do you think the female gender can reshape the blockchain world, most especially, how are they relevant to WOM?A: To be honest, I thankfully never had an issue with being a female founder, entrepreneur in media and tech. However in big corporates the amount of females in leading positions is still way to low. Our innovative industry — Blockchain and DLT — should lead here. I still see too little projects that are in our space lead by women. I have to thank also my team and my amazing investors / backers who some of them know me as a founder for more than 10 years to trust in me, to empower me and to helped me develope to where I am and with me the companies over all these years!Q: Adoption is one of the key factors that any blockchain project will focus on to become attractive to investors and users.So, what is WOM Protocol’s plan to apply for more adoption?A: Adoption comes as we continue to create partnerships with platforms and brands, as well as grow our individual communities through amas like this :)For example, when YEAY adopted the WOM Protocol, we now had their 180k registered users who could set up wom wallets and start creating wom content. We could also target the YEAY users to become the first authenticators.Our next platform partnership, Groupify, has 10 million monthly active users. Additional partnerships like these will significantly help adoption on the supply side.On the demand side, adidas is a key partnership. Having a brand like adidas on board signals to investors and other advertisers that WOM is something to pay attention to. Our partnership with advanced store gives us access to their more than 900 brands.And individually, we love to have conversations with you and others in our telegram channels to get valuable feedback and improve the apps which improves adoption long term.Q: Can you give details about your partnership with LUKSO? What is the ROLE of LUKSO to WOM protocol ecosystem? so Are you interested also to use Blockchain in Lifestyle world such as Gaming or Fashion?A: I am huge fan of LUKSO and know the founders since some time. They are also a team based in Berlin / Germany. The Berlin Blockchain ecosystem is amazing. So many great projects and developers here. Besides LUKSO also Polkadot, a project one of our advisors Bjöern Wagner is involved in. We haven’t decided yet to use LUKSO’s amazing technology. However, our teams are very close and testing and I can envision that we might use it for some of our features. Fabian, the CTO of LUKSO co-invented ERC20 and was for some time the lead dapp developer of Ethereum. He is amazing. And with Marjorie — the great CEO — what shall I say. She is rocking it. So cool to see another female founder thrive.*** If you haven’t got a KuCoin account yet, you can sign up here! ***KuCoin AMA Series — WOM Protocol — Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 29

BTC-margined or USDT-margin...

In the crypto market, there’s a magical phenomenon. Regardless of the volatility in the spot trading market, there are always dozens of gains that exist in the contract market. After all, bullish and bearish trends can make money in the contract market, which lights a fire under users’ butts.It’s fun to watch others make money, but are you envious at all?Don’t be distressed. Before entering the contract market, you first need to understand the contracts.Inverse contract, which is coin-margined contract. If a trader would like to trade BTC, ETH, XRP, EOS contract, the underlying cryptocurrency has to be used as the margin to trade the respective contract. The underlying price rises and falls non-linearly with revenue. For example, in a BTC-margined contract, one of the most popular inverse contracts, you must use Bitcoin as the underlying asset. If you want to trade Ethereum contracts, you must do the same with Ethereum.In 2015, the company Tether issued USDT on trading platforms Bitfinex and Poloniex, which kicked off the expansion in USDT-margined contracts with stablecoins and settlement deposits.A linear contract, which is a USDT-margined contract, uses USDT to make contract transactions with cryptocurrencies, and the underlying prices rise and fall linearly with revenue. In a linear contract, USDT is used for trading and settlements, which means that as long as you hold USDT, you can directly perform contract transactions with multiple mainstream currencies.Which is better, the USDT-margined contract or BTC-margined contract? The real answer is that each is advantageous.For example, if A and B sign a USDT-margined contract. It is agreed upon that after 1 month, A will buy 1 Bitcoin that B owns at a price of USDT 10,000. Once the contract comes into effect, A will pay B 10,000 USDT, and B will give A 1 Bitcoin regardless of the rise or fall of Bitcoin after expiry. Its delivery is simple and clear.What if you sign a BTC-margined contract? Time to test computing power. If A and B sign a BTC-margined contract, it is agreed upon that after 1 month, A will buy 1 Bitcoin that B owns at a price of USDT 10,000. If the price of Bitcoin has dramatically shrunk a month later, 10,000 USDT can buy 1.5 Bitcoin. A shall exchange 1.5 Bitcoin to B for 1 Bitcoin. When delivering a BTC-margined contract, it is considered more complex.We now know: Compared with BTC-margined contracts, USDT-margined contracts are quite simple, risk averse, and not very volatile. So, for users with fiat currency standards, they prefer USDT-margined contract because of its low transactional costs and simple settlement; hedging users headed by miners or a few cryptocurrency believers who want to continue to hold a certain currency for long periods of time prefer BTC-margined contracts.Of course there are also many contract trading experts who will choose the contract type based on their judgments on market trends. When they think the short-term market is rising, they choose a BTC-margined contract to long; when they think the short-term market is falling, they choose a USDT-margin contract to short.Currently, the KuMEX (KuCoin Futures) platform provides users with both BTC-margined contract and USDT-margined contracts. To reduce user transaction difficulty, the KuMEX platform has also launched the world’s first Lite version of the contract, starting at a minimum of $1 and a maximum of 100x leverage. Feel free to start your futures trading now!*** If you haven’t got a KuCoin account yet, you can sign up here! ***BTC-margined or USDT-margined Contract, Which One to Pick? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 28

KuCoin Canadian Dollar (CAD...

To celebrate the launch of the CAD OTC Trading Desk, the KuCoin Community would like to invite our Canadian users to join the experience campaign. Rewards will be offered to the selected winners.Activity Time: 22:00:00 on May 27, 2020–23:59:59 on June 5, 2020 (UTC+8)Activity 1: Tell us about your experience with the KuCoin CAD OTC marketRules and Requirements:1. Fill in and follow the required information as listed here to elaborate on your experience with the KuCoin CAD OTC market.2. The contest is open for submissions now. The deadline for submissions is at 23:59:59 on June 2, 2020 (UTC+8).3. The content must be original and relevant to the topic.Prize:A total of 40 users will be selected at random and equally share $200 as a reward.Activity 2: CAD OTC market video contestRules and Requirements:1. Shoot a video and upload it onto YouTube. The content of the video can be in any language and should showcase the KuCoin CAD OTC experience or provide a tutorial of the service. You can choose how to present the information, as long as it is of good quality and covers a relevant topic, but try to make it more interesting than just a slideshow. The duration of the video must be at least 1 minute.Here are a few suggested topics:i. KuCoin CAD OTC Tutorialii. KuCoin CAD OTC Reviewiii. KuCoin CAD OTC PromotionA link to the KuCoin website must be included in the video description.*For example, below is what you can put in the video description:If you are looking for a tutorial for OTC trading using CAD then you have come to the right place. In this video, I will show you how to buy crypto with CAD on KuCoin.Don’t have a KuCoin account? Register here: https://www.kucoin.com/ucenter/signup2. Please click here and complete the form after releasing your video.The contest is open for submissions now. The deadline for submissions is at 23:59:59 on June 5, 2020 (UTC+8).Prize:The top 6 users with the most views will equally split $300 as a reward.Terms and Conditions:1. By participating in this contest, you agree to grant KuCoin the right to copy, edit, display, and publish the submitted content for marketing use.2. Rewards will be sent to the winners’ KuCoin accounts within 15 working days after the contest concludes.3. KuCoin reserves the right of final interpretation.*** If you haven’t got a KuCoin account yet, you can sign up here! ***KuCoin Canadian Dollar (CAD) OTC Experience Campaign was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 27

KuCoin OTC Trading Desk Sup...

KuCoin OTC Trading Desk Supports Purchasing Cryptocurrencies With Canadian Dollars (CAD)On May 25th, KuCoin, an IDG-backed crypto exchange, announced that its OTC Trading Desk will support Canadian dollars (CAD) at 09:00, May 25th (UTC-8), and users can use Canadian dollars to purchase cryptocurrencies such as BTC, USDT, and CADH. This is another mainstream fiat currency supported by the KuCoin OTC Trading Desk after the opening of Chinese Yuan (CNY), Indonesian Rupiah (IDR) and Vietnamese Dong (VND).As the home of Vitalik, Ethereum founder, Canada has become one of the pioneers in the crypto industry, based on the nation’s innovation capabilities, low-cost energy, high-speed Internet, and sound regulatory system. It is expected to follow Eastern Europe and China as another blockchain and cryptocurrency center. This OTC fiat currency channel that KuCoin has opened can facilitate Canadian users to more easily purchase cryptocurrencies, lowering the threshold for users in this region to pass by the gates into the cryptocurrency world and also further promote robust development in the cryptocurrency field in this region.KuCoin Global CEO Johnny Lyu stated: “As the most global crypto trading platform, KuCoin is committed to promoting blockchain technology and cryptocurrency popularization and application, and continued access to more fiat currencies will advance this. The KuCoin OTC platform currently promotes three fiat currencies, and we also use partners like Simplex and Banxa to support over 20 fiat currencies, like USD, EUR, and AUD. Now that the OTC platform includes the Canadian dollar, we will continue to globalize this process, and allow users all around the world to easily use KuCoin services, lowering barriers of entry to the crypto world.In addition, KuCoin will also launch a themed event on the Canadian dollar OTC trading market, and participating in the event will offer the opportunity to share rewards of more than USDT 10,000.KuCoin is a global cryptocurrency exchange that supports multiple asset trading. Established in September 2017, KuCoin has grown into one of the most lauded cryptocurrency trading platforms. It currently serves 5 million users across 207 countries and regions as a one-stop service station that offers currencies, fiat currencies, contracts, Pool-X, and loans.*** If you haven’t got a KuCoin account yet, you can sign up here! ***KuCoin OTC Trading Desk Supports Purchasing Cryptocurrencies  With Canadian Dollars (CAD) was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 25

KuCoin “Gold Rush” Super Re...

KuCoin “Gold Rush” Super Referral Program1. Background/VisionKuCoin has launched the “Gold Rush — One Code For All” referral program to further promote and popularize cryptocurrency by utilizing the resources and industry influence of KuCoin platform.KuCoin welcomes all crypto fans and enthusiasts in the world to join together in the promotion of the KuCoin brand and user growth, so as to achieve mutual benefits between KuCoin and all participants.2. Who Are We Looking For?a. All crypto fans and enthusiastsb. People with extensive user resources (such as user communities, social media resources, influencers, etc.)3. Activity DurationTime for registering as a Gold Hunter: from 12:00:00 on May 25th, 2020 to 12:00:00 on August 25th, 2020 (UTC+8).Time span to get commission: 3 months after registering as a Gold HunterNote: Once the referral relationship is tied, the relationship will become permanent. More referral policies will soon be issued, so please stay tuned to the latest news.4. Commission DistributionThe commission will be settled at 14:00(UTC+8)on every Monday and will be distributed to your account within one week in the form of USDT.5. KuCoin “One Code For All” Commission RulesSign up for the “Gold Hunter” and the benefits:You can get commissions via your referral code from three trading channels — Spot, Margin, and Contract.6. Other Benefits1) KuCoin Gold Hunter Support:a. Service Support:KuCoin will provide 1-to-1 service support for “Gold Hunters”.b. Promotion Support:KuCoin will assign a professional “Hunter Assistant” for the Hunters (in commission income) to assist them in building and managing user communities, promoting the KuCoin brand, and answering questions, etc.c. Data Support:KuCoin will provide the Hunters (in commission income) with “Weekly Referral Data Reports” to keep tracking of their working performance.2) Extra Benefitsa. Each “Gold Hunter” will get an official certificate issued by KuCoin.b. “Gold Hunters” will have the opportunity to become KuCoin’s global community managers.c. The top 200 Gold Hunters in commission income ranking will get their account level upgraded to enjoy a bigger discount of trading fees and other VIP benefits for 3 months .d. The “Gold Hunter” who has made a special contribution to the platform will be invited to KuCoin’s annual conference/dinner party and business travel.e. Each week, the top 3 Gold Hunters in commission income ranking will be cited in KuCoin’s official social media and weekly report. For outstanding ones, he/she will be reported by authoritative media.7. Application Form:“Gold Rush” Program Sign-up Form(The Hunter Assistant will contact you within 24 hours via community@kucoin.com)8. Rulesa. Participants must agree and comply with the Risk Control Rules of KuCoin. The use of duplicate accounts and cheating behaviors are strictly prohibited;b. The release of fake or misleading information or actions in the name of KuCoin that will defame KuCoin are strictly prohibited;c. If the above-mentioned rules are violated, the platform reserves the rights to warn or cancel the qualification of the hunter according to the degree of the severity;d. Only referral relationships tied starting at 12PM on May 25th, 2020 (UTC+8) will be counted in the program;e. KuCoin reserves all rights to the final explanation of the program.KuCoin “Gold Rush” Super Referral Program was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 25

KuChain Weekly Report #8

Dear KuChain Community,Life is always full of challenges. Please remember that every little thing makes sense, do something different, we will eventually approach our dream. Now, pack up your courage, curiosity and regret, hit the road to a colorful future.Here come our developing progresses for the week:Basic Logic And Design- Fixing query commands logic, improving Trx deserialization support2. Module related logic- Adding requireAuth verification to KuChain related commands- Adjusting KuChain Asset numerical accuracy to 18 digits- Improving distribution module related commands’ support for Name and Address- Merging distribution module with maste, fixing the problems in testing3. API and testing case support- Migrating and testing tx related commands- Improving assets related rest api- Testing gov and staking module, improving documents- Improving multi-node test chain script- Testing distribution module related rest api, improving command documentCommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #8 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 22

What You Don’t Know about L...

The crypto world has a weird tradition. In the middle of May, some people would shout out loud “It’s time to eat pizza and celebrate!”There’s no reason to it. Bitcoin Pizza Day has arrived.Do you know why Pizza Day is so popular among techies in the crypto world?Today, on the KuCoin Blog, we’ll answer all your questions about it.1. The most expensive pizza was 10,000 BTC spent on 2 pizzasOn May 18, 2010, a programmer named Laszlo Hanyecz pospted on the Bitcoin Forum that he wanted to use 10,000 Bitcoins (valued at $40 at the time) to buy two large Papa John’s pizzas.“I’ll pay 10,000 Bitcoins for two pizzas. The best would be two large pizzas, so I can have some left over for tomorrow. You can make your own pizzas. Once they’re done, you can deliver them to my house or arrange a delivery company to deliver them, but I want to use Bitcoin to pay for them. This way, I don’t have to order or make them myself, like room service at a hotel, delivered right to my door. You’ll be pretty happy. If you’re interested, contact me. We can discuss it further. It can be any kind of pizza with onions, peppers, sausage, mushrooms, and even a weird fish topping is okay.”On May 22, a cryptography enthusiast “jercos” bought two pizzas for $25 because of a promotion they were running, and delivered the two pizzas to Laszlo, receiving 10,000 Bitcoins. Then, Bitcoin was only valued at $0.003, but if you calculate it based on Bitcoin’s highest price in 2017 of $19,800, these two pizzas would have been worth $200 million. If you calculate it based on the current price, the pizzas would be worth $98million.So, someone on randomly created a Twitter account that would, every time Bitcoin’s price reached a new high, this story about the two pizzas being sold for 10,000 Bitcoin would be retweeted because, who doesn’t want to acquire 10,000 Bitcoin in a similar fashion?2. For the first time, Bitcoin had value as a medium of exchangeOn May 22, as Laszlo Hanyecz had successfully used Bitcoin to purchase items in the real world, the cryptocurrency officially gained value as a medium of exchange and began circulating as such. To commemorate this special day, May 22 became Bitcoin Pizza DayOn February 25, 2018, Laszlo Hanyecz again used Bitcoin to purchase two pies, but this time he only had to spend 0.00649 Bitcoin, equivalent to $62.3. Laszlo Hanyec is not a simpleton for doing this, he is a techie who sold 80,000 Bitcoin.Many see buying two pizzas for $200 million as a mistake and would regret it. They were dying to know if Laszlo Hanyecz considered using 10,000 Bitcoin to buy two pizzas was something he regretted.As it turns out, those destined to be successful will still find a way. Laszlo Hanyecz was the first person to start using GPUs to mine Bitcoin. Before that, most employed CPUs, but Laszlo figured out that GPUs were superior to CPUs and used them to mine a large fortune of BTC.What followed Laszlo Hanyecz’s previous post was that he received thousands of Bitcoin a day and had spent 80,000 Bitcoin in that same amount of time.I never expected that 10,000 BTC would ever be a large fortune, but to Laszlo, they weren’t anything special. Pizza Day is here! KuCoin invites you to grab a slice because another wave is beginning to crest. You’re welcome to click here to find out more.*** If you haven’t got a KuCoin account yet, you can sign up here! ***What You Don’t Know about Laszlo, The Guy Who Bought 2 Pizzas with 10,000 BTC was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 21

KuCoin AMA Series — LUKSO —...

KuCoin AMA Series — LUKSO — Full TranscriptDear KuCoin Users,Theme: “The Future of Tokenization with the God Father of the ICO”Time: 19th, May, 2020, 17:00–18:00 (UTC+8)KuCoin hosted an AMA (Ask-Me-Anything) session with LUKSO in the KuCoin English Telegram Group.Guest: Fabian Vogelsteller — Founder of LUKSOJohnny — CEO of KuCoin GlobalIgor Barinov — Tech Lead — xDAI STAKE and POA NetworkJasmine Zhang IOSG Venture Partner2,000 USD worth of LYXe has been presented to users as red envelope giveaways after the AMA session (including random and lucky red envelopes)!Introduction to LUKSOLUKSO is a multiverse blockchain network where the worlds of fashion, gaming, design and social media intersect. It redefines how assets can be managed, collections showcased, and brands experience. It is the technological playground for creative professionals to shape emerging trends and unleash their creative force.Q&A from KuCoinQ: We could see an obvious pike of ICO trends starting from 2017, and please tell us more about ICO?A (@Fabian Vogelsteller): I would say ICOs started with mastercoin back in 2013, but we called them colored coins back then. After I proposed ERC20 and people realized how easy it is to create a token using a smart contract, everything exploded. In simple Terms ICOs are a way to buy tokens, usually a smart contract that converts it automatically.ICOs peaked in 2018 almost 3 years after the first ones on Ethereum.And collected over 40Bn USD in fundraised money.Q: Why choose LUKSO as the 6th Spotlight project, what advantages that LUKSO has propelled your decision?A (@Johnny — CEO of KuCoin Global): The creation of Spotlight is aiming to select the high-quality blockchain project for all the users. On the other hand, through utilizing our industrial advantages in which more high potential blockchain projects could be nourished, LUKSO is the one that has opened a new gate for blockchain application scenarios.First of all, LUKSO is the World’s First Reversible ICO project. The r-ICO brings new on-chain investor protection to the controversial ICO mechanism, which has been checked and approved by the German Regulatory Authority Agency. Secondly, LUKSO smartly visioned in the fashion industry where its innovative blockchain technology and applications could be landed, and what lies ahead, a massive industrial depth awaits for exploring. It maps physical commodities to virtual networks through “digital twin” technology and uses blockchain technology to ensure authenticity and uniqueness in virtual commodities. Finally, the transferring history, manufacturing tracking of merchandise may easily get fulfilled on the LUKSO blockchain to avoid being annoyed by transparency and counterfeit concerns.Q: What’s your background in Ethereum and how did you get to know Fabian?A (@IGOR): I started working with Ethereum in 2016, where I used the tools built by Fabian, like web3.js, when we were building POA.network. We met personally in 2018 and since then have stayed in contact and continued to bounce ideas off each other. POA network was the first to start an authority node network based on nodes registered as notaries in the US. It brought significant throughput as a sidechain bridged to the Ethereum mainnet. Recently we’ve introduced an on-chain random number generator to POA which has opened up new use cases for the chain.One of these is POA Mania, a savings lottery where participants can use their current POA tokens to win daily emissions without risking their current holdings. Currently I am working on xDAI STAKE, the staking token for the permissionless xDAI chain. It is an ERC-677 token, which adds a new function to the ERC-20 standard first proposed by Fabian. The standard improves user experience when transferring xDAI STAKE between two chains, which is a big part of the model. STAKE originates on the Ethereum mainnet, but is bridged to the xDai Chain using the TokenBridge, another one of our ecosystem tools. STAKE is then used by validators and delegators to protect the xDai chain through a new Proof-of-Stake algorithm called POSDAO. Users can bridge STAKE between the two chains (or other chains, it is a multi-chain staking token) for staking opportunities or liquidity purposes.Q: .Kindly sharing with us how you and Fabian met? Can you briefly share more about the very Fabian in your eyes?A (@Jasmine Zhang): I met Fabian first time on the opening ceremony of my last company and he was one of the panelists that I invited to speak.I knew Fabian as early Ethereum developer and a real thought leader on blockchain technology. We exchanged thoughts some time and I can see that he gave great points in the industry.By the time that I knew that he is going to launch Lukso, I am very excited especially I also know the other founder Marjorie well. I think it’s an innovative idea and I wish it can make a big difference.Q: What LUKSO network could benefit the blockchain and what makes LUKSO unique by comparing with the other public chains?A (@Fabian Vogelsteller): We are the first Blockchain that dedicated itself to these new kinds of blockchain applications that go strongly beyond finance. The rest of the world is currently not using Blockchain, because it’s too complicated and nerdy.I have built the first interfaces for smart contracts, as well as the first tools for dApp developers. I also proposed the first ever smart contract standard, and we have a lot more ideas and standards in the pipeline that will make interacting with blockchain seamless.There is a new digital lifestyle coming and LUKSO will be a base layer for it. We see fashion, gaming and social media merging, and we need a transaction layer for those new use cases.Ever heard about purely digital fashion? That’s actually a thing and incoming, and LUKSO will play a significant role here :) I hope you have seen our digital hoodie: https://twitter.com/lukso_io/status/1262318776164417536?s=20, Exclusively for KuCoin Spotlight buyers :)Also tokenization is so far only seen on the level of monetary and or protocol tokens, but soon it will be all about social tokens, influencer tokens and brand tokensQ: Tell me about your understanding of rICO? Will it be the mainstream like ICO?A (@Johnny — CEO of KuCoin Global): It’s admitted that ICO is an innovative financing method, but it has limitations. ICO brings a super effective and prompt way to help the projects (start-ups) get instant financing support. However, it’s inevitable to meet a bunch of opportunists who are raising the fund by disguise and advocating in “Blockchain Faith”, So now investors are moving away from ICO.The flexibility that r-ico has brought to the market is providing a more user-friendly financing method ahead. A lock-up mechanism is applied to allow users to observe the development of a project and ultimately enable them to decide whether to return the purchased token or keep in the wallet. It could effectively protect the benefit of the investors and block unqualified projects into the market.Got something more to share, r-ICO is granted and authorized by Germany compliance institutions which further proof of the regulatory utility of the mechanism. r-ICO is bound to stimulate and concrete the market while ICO is gradually losing public credibility.Q: Since you are also advising LUKSO, how has your work been together?A (@IGOR): LUKSO and POA network have worked together on several projects. LUKSO uses BlockScout, a POA-developed open-source block explorer. Our recent work involves collaborations on new consensus mechanisms called HBBFT and POSDAO. HBBFT stands for Honey Badger Byzantine Fault Tolerance, it is a consensus algorithm that is very robust. It can tolerate a number of failed nodes, delayed message delivery, and makes progress on blockchain consensus even in difficult conditions. POSDAO is a new proof-of-stake algorithm which has the capability to use different underlying consensus algorithms to ensure agreement on what blocks to include in the chain. Currently POSDAO is integrated with AuRa consensus, where validators take turns sealing blocks. POA has been working on developing these concepts into an efficient and resilient consensus protocol.LUKSO, along with lab10, have worked on integrating HBBFT into Parity (now OpenEthereum), and are now working on incorporating POSDAO with HBBFT. This will provide an additional, robust consensus model for POSDAO. Other blockchains may choose to use POSDAO to incorporate a Proof-of-Stake or delegated Proof-of-Stake consensus, and we recently upgraded the xDAI chain to POSDAO. It is the first POSDAO network to-date. On the xDai stable chain, the native coin xDai is pegged 1:1 with DAI, and the underlying staking token that protects consensus is STAKE. We plan to incorporate HBBFT in the future as our work with LUKSO progresses.Q: What kind of cryptocurrency exchange platform do you think KuCoin is?A (@Jasmine Zhang): KuCoin I think is one of the most reliable and strongest exchanges. Since it started, it has been growing steadily and gathered a wonderful dedicated team.In terms of evaluating an exchange, I usually check it’s trading volumes & pairs, security & tech and reputation.And I think KuCoin has been doing really well in all of the points and has been kept so low key and modest.I met quite some team members and it’s easy to see that they believe in what they are doing and passionate about it.So I am really happy to see they Lukso is launching on KuCoin. I think both can benefit and contribute positive vibes to the whole industry.Q: What is the role, and function of the LYX and LYXe token?A (@Fabian Vogelsteller): LYX is the native cryptocurrency of the future LUKSO blockchain. It is necessary for transaction fees that block producers receive, and also necessary for staking — if you want to become a block producer. You will also be able to delegate your stake, if you’re a smaller holder.LYXe, is basically LYX on Ethereum. LYXe is the token we are using for the Reversible ICO, and exchanges before the network launches. There will be a migration process from LYXe to LYX, once the network launched.On top of the spotlight and rICO details, I would also recommend reading about our past activity, most of it can be found in our reddit: https://reddit.com/r/luksoQ: After LUKSO got listed on KuCoin, kindly disclose more about the next Spotlight project?A (@Johnny — CEO of KuCoin Global): In defining the Spotlight, we are more prone to the quality than numbers/quantity. The launching of Spotlight is initially envisioned to assist and propel the projects into the market by deploying an insight on aspects of technology and high potentiality. To be honest, it’s not an easy job to locate the most appropriate project in a limited period by applying the criteria that fits in and meet the conditions.Frankly, we got some of them in my list, but it takes time to go further assessment, I believe the next round will be happening very soon, so stay tuned with us.KuCoin AMA Series — LUKSO — Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 20

KuCoin Weekly Report #84–18...

KuCoin NewsAnnouncement of LUKSO (LYXe) Token Sale on KuCoin Spotlight. View Details.KuCoin AMA Series — Constellation (DAG) — Full Transcript. View Details.KuCoin AMA Series — Dash — Full Transcript. View Details.Listed ProjectsSylo (SYLO) is now available on KuCoin. Supported trading pairs include SYLO/USDT and SYLO/BTC.New Added Trading Pairs: SENSO/BTC, DGB/USDT.Campaigns & PromosSylo (SYLO) Listing Campaign Phase One: 2,800,000 SYLO to Give Away! View Details.Celebrate the Bitcoin Halving: Double Rewards and 50% off Trading Fees for KuMEX Contracts. View Details.BTC Halving Event: Come to Gain Massive Rewards! View Details.Partnership Celebration: Deposit to Win DASH! View Details.Grab Time-Limited Zero Trading Fee Offer for Mother’s Day. View Details.BTC Halving Event: Borrow at Margin With Ultra-Low Interest! View Details.Rewards DistributionWOM Protocol (WOM) Listing Campaign: $11,000 in WOM to Give Away! Rewards Distributed (Activity1&2). View Details.KuCoin Has Completed the Redistribution of NRG Soft Staking. Round 1. Round 2.KuMEX “Get $15 Trial Fund” Rewards Distribution. View Details.Pool-X UpdatesStake CHR on Pool-X and Enjoy APR Up to 30%. View Details.NRG Soft Staking Is Now Available on Pool-X. View Details.Supported AirdropApril WIN Airdrop Distribution for TRX Holders Completed. View Details.May BTT Airdrop Distribution for TRX Holders Completed. View Details.JUST (JST) Monthly Airdrop Program Instructions. View Details.Tech UpdatesKuMEX Trial Fund Help Documentation. View Details.KuCoin Will Support NUSD Repurchase. View Details.Energi (NRG) Deposit Service Now Open. View Details.Credits(CS) Deposits and Withdrawals Now Open. View Details.KuCoin Token Swap of One Ledger (OLT) Complete: Deposit and Withdrawal Services Now Open. View Details.Constellation (DAG) Deposit and Withdrawal Services Now Open. View Details.Loki (LOKI) Deposit and Withdrawal Services Now Open. View Details.Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNSlovenian Telegram: https://t.me/KuCoinfficialskupinaoCroatian Telegram: https://t.me/KucoinHrvatskaOfficialRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRPortuguese Telegram: https://t.me/KuCoinPortugueseVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #84–18/5/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 18

KuChain Weekly Report #7

Dear KuChain Community,Before sharing the progresses of this week with you, I would like to share something I felt during the past days, that would be - everything is gonna be alright as long as we hold hands during the challenging time. Just as Rainer Maria Rilke’s poetry quoted in the movie “Jojo Rabbit”:“Let everything happen to you, beauty and terror, just keep going, no feeling is final.”Here comes the progresses:1、Basic Logic And Design;- Adding quick startup chain script;2、Asset Module- Implementing Coinpower to adapt for the governance for related modules;- Implementing Module Account Token based on Coinpower;- Refactored the issuance and destruction logic of asset module, implementing supply module statistics;- Fixing the problems in the test;3、Governing Related Module- Refactored staking, slashing and params modules messages with KuMsg;- Fixing the problems in the test;4、API And Testing Case Support- Adding and debugging KuChain account module related rest commands;- Developing KuChain js signature library;5、Supply Module- Counting Total supply module based on asset coin stat;6、Distribution Module- Implementing distribution module related msg based on KuMsg;- Testing distribution basic logic, organizing documents;CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #7 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 15

Share Your Participation in...

To celebrate the upcoming token sale of KuCoin’s 6th Spotlight project — LUKSO, KuCoin together with LUKSO will launch a $2,000 giveaway promotion on Twitter.Share a screenshot of your participation in the LUKSO token sale on Twitter and stand a chance to be one of the 20 winners to receive $100 worth of LYXe tokens.Activity Period: 18:00 on May 15, 2020 (UTC+8) — 23:59 on May 19, 2020 (UTC+8)How to Enter:1. Follow @kucoincom and @lukso_io on Twitter.2. Tweet the screenshot (as shown below) of your participation in the LUKSO token sale.3. Include the hashtag #KuCoinSpotlightLUKSOe.g. “I just participated in the token sale of #KuCoin Spotlight — LUKSO. @kucoincom @lukso_io Wish me LUCK! #KuCoinSpotlightLUKSO ”4. Fill out the submission form on or before 23:59 on May 19, 2020 (UTC+8).Terms & Conditions:1. 20 winners will be selected at random on May 20, 2020 (UTC+8).2. Winners must provide KuCoin with their registered account to claim the prize. Maximum of 1 prize per eligible KuCoin account.3. Prize will be distributed within 15 business days after the LUKSO (LYXe) listing on KuCoin.4. KuCoin reserves the right of final interpretation of the activity.For more details about the KuCoin Spotlight — LUKSO token sale, click here.Share Your Participation in the LUKSO Token Sale on KuCoin Spotlight: Win $2,000 Giveaway was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 15

Alert! The BTC Recover Troj...

Recently, the KuCoin security team discovered and verified the Bitcoin Find and Recover 1.x is a Trojan horse masquerading as a cryptocurrency recovery tool.This software encourages users to download and install it by pretending to be an average piece of software. Once installed, the tool will automatically release a malicious program that starts at boot and runs in the background, stealing user clipboard information, screenshots, encrypted currency addresses, and private keys, causing serious losses to users’ encrypted assets.Below is the analysis of the Trojan by the KuCoin team. We hope that all users can bolster their security awareness and protect their assets after learning about this malicious software.1. How the KuCoin security team discovered the hidden Trojan1.1. Searching with keywords related to “BTC Recover”, we were able to find one BTC recovery tool called Bitcoin Find and Recover 1.x.1.2. No abnormal behavior was discovered during installation. Once installed, the tool opens normally and seemingly performs as advertised.1.3 By checking the process information, multiple suspicious processes appear under “System Process” svchost.exe. One of the processes calls bitadmin to download an unknwon program named IoBits.exe.xxx from an unidentified address called https://getyourdogsintime.xyz. Another suspicious process called Io.exe runs in the background. The file is hidden in the Java-related directory, and it can be easily determined that a problem exists with the Io.exe process.2. How the malicious program carries out attacks on a computer2.1. Seizes screenshotsThis malicious program will find information related to finding cryptocurrencies by matching and taking screenshots of things like text content, file names, regular matching, file suffixes, folders, and login information.2.2. Steals anything copied and pastedThis Trojan will steal user data by monitoring the system clipboard.2.3. Downloads files and executes themOnce the malicious program is downloaded, the attacker can send file download and executable attacks through remote commands.The KuCoin Security Team analyzed the malicious program and determined this program is a fully function Trojan horse for cryptocurrencies that masquerades as normal processes to never relent control of its victims.This malicious program uses the dynamic link libraries Inet.dll that it released on its own and the code logic in Helper.dll to obtain relevant files and data, then it encrypts and transfers them. It hides the domain name address by dynamically changing the domain name and static domain across multiple channels.3. User Asset Security RecommendationsBecause malicious programs bundled or disguised as an average piece of software are harder to detect, the KuCoin Security Team recommends users to not download and run cryptocurrency-related programs and codes from unknown websites and beware of KuCoin-related installation packages for programs from unofficial channels.Users are also advised to properly store and encrypt asset information. Do not store information related to private keys on personal computers or the cloud to prevent data loss or property damage wrought by hacks.Alert! The BTC Recover Trojan Masquerading as a Cryptocurrency Recovery Tool Has Arrived! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 15

5 Things You Must Know abou...

On May 20th, KuCoin will launch the 6th Spotlight project — — LUKSO. KuCoin’s Spotlight platform aims to push even more high-quality blockchain projects to the public. Why LUKSO can be chosen? What is so special about LUKSO? Today, we’ve taken stock of 5 things you need to know about LUKSO. Let’s take a look.1. World’s First Reversible ICO (rICO)Reversible ICO (rICO) is a new form of ICO proposed by LUKSO founder Fabian Vogelsteller in 2018. In a rICO, investors reserve tokens, which then are automatically purchased over a period of time (8 months). During this time, the investor can choose whenever they want to return tokens still within their reserve time at any point and redeem the corresponding amount of ETH.The Reversible ICO was checked with BaFin, the highest regulatory authority in Germany and is in accordance with german security law, bringing new on-chain investor protection to the controversial ICO mechanism. As the world’s first rICO project approved by a regulatory agency, LUKSO will open its rICO on May 27, one week after the Spotlight token sale. It is important to note that this doesn’t mean any sale using the rICO of LYX itself is endorsed by the BaFin. The new rICO has been checked and approved whitby the German Regulatory Authority Agency.2. Same Godfather as ERC20 ProtocolFabian, LUKSO’s founder, also authored the ERC-20 token standards, which opened up the ICO wave in 2017. In addition, Fabian is also responsible for some other renowned open-source projects, like Ethereum’s first decentralized web3 browser Mist, Ethereum wallet, and web3.js library, the most used developer tool in the Blockchain community.Vogelsteller’s co-founder Marjorie Hernández is LUKSO’s CEO, architect, strategist and innovation consultant. She joined Ernst & Young in 2015 and established an innovation lab, before founding LUKSO project in 2018. Now serving as CEO, Marjorie is responsible for LUKSO’s concept, design, operations, and product development.3. A Blockchain Platform Designed for a New Digital LifestyleLUKSO is a multiverse blockchain network where the worlds of fashion, gaming, design and social media intersect. LUKSO allows developers and creatives to dictate the distribution of wealth and influence from lifestyle activities, have Universal Public Profiles, create Digital Identities and Certificates, and build Tokenized Communities.4. Virtual Reality Defined with the BlockchainBlockchain technology can help create new virtual worlds. Especially when transitioning from physical items to virtual goods, cryptocurrencies and leverage their advantages. LUKSO maps physical commodities to virtual networks through “digital twin” technology and uses blockchain technology to ensure authenticity and uniqueness in virtual commodities. Plus, by configuring chips traceable on the network, the LUKSO blockchain allows physical commodities to be tracked, bringing a new virtual reality to the fashion and lifestyle industry.5. Blockchain Based on Specific ContextsThe LUKSO founders envision a “internet of blockchains”. Multiple blockchains serving different purposes for different communities. LUKSO aims to establish itself as the de facto blockchain standard for the creative economies, allowing creators and developers alike to build and participate in the beginning of a New Digital Economy.From these innovations and technical advantages, LUKSO is quite worth looking forward to!5 Things You Must Know about LUKSO was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 13

LUKSO Announces Exclusive M...

LUKSO will make an exclusive pre-sale on the KuCoin Spotlight program on May 20, shortly before the first Reversible ICO takes place on May 27. LUKSO is a Blockchain network dedicated to the new digital lifestyle, where the worlds of fashion, gaming, design and social media intersect. This will be the first Spotlight project this year in KuCoin, an IDG-backed exchange.LUKSO is founded by Industry veteran Fabian Vogelsteller, who laid the foundation for today’s DeFi protocols. His tools like web3.js are used by the majority of current Ethereum developers, and his Mist browser became the first decentralized web3 browser. Together with co-founder and wife, Marjorie Hernández, a Caracas-born architect, strategist and innovation consultant, who in 2015 built and led the EY’s Innovation Lab in Berlin, before founding LUKSO.“Fabian Vogelsteller has redefined the Blockchain space as we know it by authoring the ERC20 standard”, says Johnny Lyu, CEO at KuCoin Global. “He and his team will continue this forward-thinking vision by bringing Blockchain to the masses with LUKSO. KuCoin is thrilled to be part of LUKSO’s history by launching this incredible project on our Spotlight platform.”“LUKSO will bring Blockchain technology beyond finance. We are building a Web3 ecosystem specifically to support the creative economies and make the technology inclusive and accessible for everyone,” says Marjorie Hernandez, co-founder of LUKSO. “We are excited to launch this exclusive pre-sale sale with KuCoin, to allow their community to participate, get excited and have a stake in the future network.”LUKSO will follow the exclusive pre-sale on KuCoin of one million LYXe (valued at 220,000 USD), with the launch of the world’s first Reversible Initial Coin Offering (rICO) one week later on May 27.The Reversible ICO was conceptualized by Fabian Vogelsteller in 2018 to make fundraising safer by allowing investors to buy tokens over time. It is not only meant as a fundraising mechanism for LUKSO, but also to showcase how to make ICOs regulatory friendly and safe by design. The Reversible ICO was verified with the BaFin, the regulatory authority in Germany and is compliant with German security law. It is important to note that this does not mean the BaFin endorses any sale using the rICO nor LYX.LUKSO’s rICO will take place on May 27 shortly after the Spotlight token sale on KuCoin.Founded in September 2017, KuCoin has grown into one of the most popular crypto exchanges, and it currently provides a series of financial services including fiat-to-crypto, crypto-to-crypto, futures, staking, borrowing, token launch and more to its 5 million users across 207 countries and regions around the world.About LUKSO:LUKSO, the brainchild of husband-wife duo Fabian Vogelsteller and Marjorie Hernández, is a Blockchain network created for digital lifestyle use cases. A platform for fashion, gaming, design and emerging trends like virtual fashion, cross-game characters, and virtual reality. The team behind LUKSO also sees community governance through tokens, new forms of brands and engagement and tools built to help brands, influencers, creatives of all types as its future.Basic building blocks like Universal Public Profiles, Digital Identities and Certificates will bring this future to live. LUKSO delivers a set of core tools and standards to make the Blockchain easy to use and build. The LUKSO ecosystem is targeting a new wave of Blockchain applications and encourages developers to create a future of decentralized communities, brands and a new digital world.LUKSO Announces Exclusive Mini-Pre-Sale on KuCoin’s Spotlight Platform was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 12

Bitcoin Block Reward Halved...

On May 12, 2020, Bitcoin block reward halved at the block height of 630,000, and the blockchain reward was reduced to 6.25 BTC. As of publishing this article, its price is at $8605 on KuCoin.The high-profile Bitcoin halved for the third time, while some rejoice and others fret, but if you understand the history behind Bitcoin halving history beforehand, you might smile because of this insider knowledge.On January 3, 2009, Satoshi Nakamoto mined the first block on a server in Helsinki, Finland- the genesis block that generated a reward of 50 bitcoin. The Bitcoin network emerged, officially giving birth to Bitcoin. Satoshi Nakamoto revealed Bitcoin in a white paper, stating that after every 210,000 blocks, the rewards would be halved.On November 28, 2012, Bitcoin welcomed its first halving, and the block reward was halved from 50 to 25 BTC. After the first halving, its price rose from $12 in November 2012 to a peak of $1,242 in November 2013, taking approximately 360 days and rising more than 9000%. It exceeded international gold prices for the first time in history. Yet what followed was a bear market that continued slumping, bottoming out at $2.01, a 99% drop.On July 10, 2016, Bitcoin welcomed its second halving, and the blockchain rewards halved yet again to 12.5 BTC. The second halving took 527 days, and on December 18, 2019, Bitcoin reached a historic peak, breaking the $19,000 mark. Its increase was over 2800%, which opened up another bear market for Bitcoin again, bottoming out at $3,245 on December 17, 2018.By analyzing Bitcoin’s historical halving, we have discovered that it proved to be an important catalyst for pushing Bitcoin into a new bull market round.From the previous two halvings, we can see that: Before Bitcoin halved, a small bull market appeared. After halving, a new wave of historic peaks reveal themselves. It took 360 days to reach a peak after its first halving and 527 after its second halving, a 46% increase over time. Before its third halving, Bitcoin fell from to $3,800 on Black Thursday from its $10,000 price on May 8, validating the theory that a small bull market wave precedes a halving.As Mark Twain said, “History doesn’t repeat itself, but it often rhymes.” The third halving has happened, but will the third instance give rise to another peak? History gives us a window, but what will happen next? We still need to wait.Bitcoin Block Reward Halved for Third Time, Why No Dramatic Rebound in Its Price? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 12

KuChain Weekly Report #6

Dear KuChain Community,Hope you all are safe and healthy. We understand that some of you might be suffering from the tough situation across almost every industry worldwide — Bloomberg analysis read over 20 million job cut in April in the United States, which took the unemployment rate to as high as 14.7%. But, let’s do not give up faith and join us to dream of a decentralized world less dependent on real economy. Please check our development progress this week.1.Basic Logic And Design- Implementing txutil package of KuChain, encapsulated submiting transaction interface based on the signature function supported by cosmos-sdk auth module;- Improving the documentation of each module;2.Account Module- AccountID type supports more APIs to reduce code redundancy;- Refactored account module, indexing account messages based on AccountID;3.Asset Module- Implementing cosmos-sdk bank interface to adapt to other modules;- Implementing Delegate-Assert related interface;4.Managing Related Module- staking, slashing and mint modules using KuChain account module and asset module to replace origin auth module and bank module from cosmos;5.API And Testing Case Support- Improving KuChain api document;- Optimizing and improving KuChain routing-related codes;6.Supply Module- Refactored supply module, replacing auth and bank modules from cosmos-sdk to KuChain account module and asset module;- Developing new account mechanism based on account module;7.Distribution Module- distribution module replaced auth and bank modules from cosmos-sdk to KuChain account module and asset module;CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #6 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 09

KuCoin’s Project Pinocchio ...

KuCoin Global’s non-profit credit information system, Project Pinocchio, was recently launched in partnership with several well-known, credible, and authoritative institutions and media platforms in the cryptocurrency industry, including BTCManager, to establish a credible project review platform to foster self-discipline and integrity in the budding crypto industry.The project has established a reference standard for the industry, using multi-dimensional metrics, including moral hazard assessment, data analysis, public opinion monitoring, transaction history, and project development, among others, to keep an eye on suspicious projects within the ecosystem. Project Pinocchio shared the first list of suspicious projects on April 3, 2020, that included a total of ten projects.As part of its continuous efforts to ensure the health and reliability of the space, Project Pinocchio always strives to walk the extra mile to make the industry a safe avenue for novel traders and investors to participate in. In this article, we examine a project called NativeCoin (N8V).About the ProjectNativeCoin is a run-of-the-mill generic cryptocurrency project that targets audience primarily comprising of Native Americans in North America who possess a large share of the gambling market. The project pushes its digital token N8V as an alternative monetary tool for conducting transactions. Among other businesses, the cryptocurrency can be used to fuel transactions in tribal casinos, hotels, restaurants, and gas stations.Following a simple Proof-of-Stake (PoS) consensus protocol with masternodes, NativeCoin uses the X11 algorithm. With regard to staking rewards, a sizable portion of it is retained by the development team from which a small chunk is supposedly donated for charity purposes. However, to date, there has been no evidence of any donations being made or planned yet. Other than that, the N8V coin doesn’t have any particularly extraordinary use.Points of ConcernThings, however, start turning questionable when one visits the project’s official website. While trying to access the project’s team page, one comes across a screen that requests a password to unlock the content.When inquiring about the password, the admins on NativeCoin’s Telegram group state that they can’t provide the users with any password and that the website content will be available at some time in the future.Minimal Information on Team MembersThe project’s only officially confirmed team members at present go by the names Jeff, the COO, Michael, the CMO, Andrew (aka Keeper), and Gerald Erckert. Despite our best efforts, nothing more could be found about these members on the web.Surprisingly, the project also never had an official CEO. The so-called founder of NativeCoin, Andrew Andy Ebona, was projected as the person who assembled the entire NativeCoin team. However, the ensuing chain of events painted a very dramatic picture of the whole project, as soon after “founding” NativeCoin, Mr. Ebona departed the project under odd circumstances. Gerard Erckert noted that Mr. Ebona was “no longer affiliated” with NativeCoin or the team supporting NativeCoin.Ambiguity Surrounding DocumentationThere’s also a lot of ambiguity regarding the project’s documentation. Although NativeCoin’s website showcases various documents to familiarize readers with the goals and the vision of the project, the document text seems to constantly be beating the same dead horse in that it reiterates the one point again and again. According to the team, it spent close to six months on the preparation of its 12-page long whitepaper.Coming to the project’s roadmap, the lack of consistency continues here. Although the official roadmap shows a list of milestones conquered by the project, it’s not hard to cast shadows of doubt over the authenticity of such claims as there are no official announcements for the various partnerships and exchange listings mentioned in the roadmap. Other than B-platform and CoinTiger, there are no major firms associated with NativeCoin.Alleged CoinMe PartnershipNotably, there used to be official records online noting that NativeCoin had announced a partnership with CoinMe, a leading cryptocurrency ATM firm. However, as of today, all mentions of this partnership have been removed from N8V’s official accounts.(Only third-party reports of a partnership with CoinMe exist today. Such announcements have been permanently removed from NativeCoin’s all social media handles)It is commonplace to come across projects that try to leverage fake partnerships with well-known and established brands and players in the industry to their benefit, and that is very likely what NativeCoin chose to do. By trying to get their name associated with CoinMe, a well-known cryptocurrency ATM company, NativeCoin hoped to get some free goodwill and legitimacy in the crypto ecosystem.According to sources, CoinMe had sent a cease and desist letter to Jeff and Michael to remove all mentions of the company from NativeCoin’s records. In fact, CoinMe never really had any deal with NativeCoin to list the N8V digital token on their more than 4,500 Bitcoin kiosks or ATMs. The firm never approved any joint PR or even displayed any intentions of making a joint PR with NativeCoin.The crypto ATM firm only ever had a legally non-binding MOU with NativeCoin where they were to try and work together to provide access to a fair Native American digital currency. Any attempt by Jeff and the NativeCoin team that tried to show the relationship as anything more than a non-binding agreement was a representation.It’s also worth noting that Jeff and Michael tried to present themselves as Native Americans. This claim, too, like the majority of their other claims, turned out to be a white lie as neither of them is actually a Native American.No Evidence of the N8V Coin POSPer sources close to the matter, NativeCoin team members claimed numerous times that their official POS (point of sale) system was ready for launch. However, it seems that reality is far from it.The project’s representatives, to date, have shared no evidence of the existence of a functional POS system and have stated that they only knew a developer who had a “connection” that could possibly get them a license for a POS. As mentioned earlier, the project’s executives told the stakeholders that their POS system was ready for launch. That said, nothing substantial ever came out of it and there’s no evidence suggesting NativeCoin ever had a working POS system.Questionable Past and Lack of Legal InformationThe NativeCoin project has been rebranded from WSX which had a very contrasting goal. This rebranding primarily took place because of the infamous Cryptopia exchange hack where a large volume of WSX tokens was lost forever. Without wasting any time, all of WSX’s social media platforms were renamed or abandoned and the digital token underwent a change in name to N8V.The following tweet has now been archived, essentially erasing all content pertaining to the rebranding of WSX to N8V.There are also anecdotal incidents where some users didn’t manage to participate in the coin swap and failed to get any assistance from the project when WSX officially rebranded itself into N8V. The coin swapping process was in no way an easy affair as it was largely carried out manually. The process required users to contact NativeCoin admins and give proof of their previous token holdings, after which the team would airdrop N8V tokens into the users’ wallet upon their discretion.Following is the screenshot of a community member who was adversely affected by the WSX token swap process.In fact, stories surrounding the alleged unprofessional attitude from community members don’t stop here. Several incidents hint the unprofessional and borderline rude behavior displayed by community members toward users. They can also be seen as avoiding or giving vague answers to some queries pertaining to the project. That said, it’s also worth highlighting that this behavior is largely expressed toward community members who have consistently shown a negative stance toward the project. The project admins seem to be friendly and supportive toward the other members of the community.The following is an example of unprofessional behavior expressed by admins. Please note that this seems to happen only when provoked by community members, otherwise the admins are friendly.Next, there are concerns pertaining to the lack of legal information regarding the digital asset. Two major features of N8V give it the characteristics of a security. First, the digital token utilizes a simple staking mechanism that enables users to generate passive income with almost no intrinsic efforts from them. Secondly, there have been instances of NativeCoin executives publicly reaching out to the community with tempting speculative statements regarding the future price of the asset.The project’s documentation severely lacks legal disclaimers which should serve as another red flag. The presence of an actual legal entity behind the firm is questionable. So is its organizational structure, despite there being a few team members who are presented as C-level executives.There are no legal documents that address the nature of the digital token or any risks associated with it. Perhaps even more bizarre is the privacy policy and terms and conditions of the project displayed on the website. They are created with a generic template which is evident from the promotional text from the generator website that was left in the text.Final ThoughtsThe NativeCoin project seems to be particularly popular in Finland, followed by the U.S., Ireland, and the U.K. According to data collected, the NativeCoin website witnessed a huge spike in traffic in November 2019 but has fallen sharply in popularity since. After thoroughly analyzing the various facets of NativeCoin, it is easy to figure out that it targets a very niche market audience to gain quick traction.As mentioned in the article, reasons such as the abrupt end to the “partnership” with CoinMe, lack of details about team members, lack of legal documentation, and fake announcements, among others, cast a huge question mark on the true intentions of the people behind the Native Coin project. Most likely, they put their own interests before those of the community and the wider N8V ecosystem. Finally, we would again like to stress that this is our own opinion inferred from the aforementioned causes of concern.Source: https://btcmanager.com/kucoin-project-pinocchio-native-indian-casino-crypto-project/?q=/kucoin-project-pinocchio-native-indian-casino-crypto-project/KuCoin’s Project Pinocchio Unearths Suspicious Native Indian Casino Crypto Project was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 08

KuCoin Monthly Report April...

Monthly Highlight: Pool-X Upgrade, POL Gets Listed on KuCoin!In April, POL was listed on KuCoin exchange, and the POL/USDT trading pair was made available. Soft Staking was also moved to the Pool-X platform. The Pool-X platform will provide users with more professional Soft Staking services, including new revenue overview and statistical analysis functions, and annualized revenue that can increase up to 1.3 times.The Pool-X exchange is supported by KuCoin and TRON for pioneering a free market that solves the liquidity problem of staked crypto. Pool-X has provided staking services to its growing user base of over 300,000 with several developments since its establishment.POL is generated from the staking process and the ecological governance connections on Pool-X, encouraging participants to balance the supply and demand of liquidity for the staked assets during the process of transactions. It is the fuel to connect the resources of the Pool-X ecosystem and an incentive for ecological governance. Click for details1. KuCoin Spot Trading Platform1.1 Crypto-to-Crypto Trading*Three new tokens were listed on KuCoin: DigitalBits (XDB), POL, and WOM Protocol (WOM). As of the end of April, a total of 249 tokens have been listed on KuCoin.*Three new trading pairs were added: XDB/USDT, POL/USDT, and WOM/USDT. As of the end of April, we have a total of 433 trading pairs on KuCoin.*The latest phase of the ST observation has ended. The following projects have been disqualified and the tokens will be removed from the exchange: RChain (RHOC), VisionX (VNX), Red Pulse (PHX), Ulord (UT), HotNow (HOT), W Green Pay(WGP), QLC Chain (QLC), Odyssey (OCN), Onion (ONION) and Neutral Dollar (NUSD).*KuCoin launched multiple domains, meaning users can access KuCoin’s official website with domains of kucoin.com, kucoin.io or kucoin.cc based on your own network situation. Click for details*Launch of the second round of “Lock USDT and Earn Up to 12% APR” activity. Click for details*KuCoin proudly announced DigitalBits (XDB) as the second KuCoin LockUP project. Click for details*Sensorium (SENSO) Listing Campaign Phase One: 200,000 SENSO to Give Away! Click for details*WOM Protocol (WOM) Listing Campaign: $11,000 in WOM to Give Away! Click for details*The following blockchain activities were supported: RHOC MainNet upgrade and token swap, upgrade and rename of R into REV, upgrade of Edge (EDGE), and Constellation (DAG) MainNet token swap.2. KuMEX*KuMEX USDT Contract Is Coming! — — Claim Up to 1 Million USDT Rewards! Click for details*KuMEX Is Now Available in Japanese. Click for details*USDT-Margined Bitcoin Perpetual Contract Goes Live on KuMEX Lite! Click for details*Go Find Your Easter Egg in KuCoin APP and Share 20,000 USDT! Click for detailshttps://www.kucoin.io/news/en-kumex-is-now-available-in-japanese3. Pool-XPool-X*New Flexible Products: VSYS & WAN Now on Pool-X 1.1 Click for details*Pool-X Launched V1.2 with Soft Staking Moving to the Platform. Click for details*Pool-X Version 1.3 Goes Live, Optimizing Staking Revenue. Click for details*Pool-X launched a new batch of flexible products: XTZ-Flexible, EOS-Flexible, and TOMO-Flexible! During the staking period, in addition to the staking benefits of each project, users can also get a share of the mining rewards of 250,000 POL every day! Click for details*Stake COTI and Earn High Interest on Pool-X! During the staking period, in addition to the staking benefit of the project, users can also get a share of the mining rewards of 250,000 POL every day! Click for details*The next batch of available products areTRX-90, EOS-90, and XTZ-90 on Pool-X. During the staking period, in addition to the staking benefits of each project, users can also get a share of the mining rewards of 250,000 POL every day! Click for details*TRX-Flexible is Available Now on Pool-X! Click for details*IoTeX (IOTX) Staking and Holdings Competition: 1,500,000 IOTX to Give Away! Click for details*Pool-X TRX Soft Staking Carnival, Enjoy Time-Limited Higher APR. Click for details*Final TRX Session of the POL LockDrop Special Rounds. Click for details4. KCS Updates*KCS Team completes the 10th Quarterly (Q1 2020) KCS Burn and has executed the 600,167 KCS burn. Current KCS circulating supply is 81,250,284 KCS and current KCS total supply is 171,250,284 KCS. Click for details5. Technical & Commercial Updates:*KuCoin Partners with Onchain Custodian to Get its Funds Backed by Lockton Insurance. KuCoin and Onchain Custodian will conduct insurance and custody cooperation in terms of fund security to ensure the security of the crypto asset market infrastructure from various aspects such as rules, processes, and technologies. Click for details*KuCoin Partnered with NewsCrypto to Launch Crypto School Program. Click for details*KuCoin has now launched our Portuguese Community. Click for details*Project Pinocchio — — Phase 1 List. Click for details*Project Pinocchio — — Phase 2 List. Click for detailsJoin KuCoin Global Communities to get the latest updates about KuCoin.KuCoin Monthly Report April 2020: Enable Staked Crypto Exchange was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 05. 07

KuCoin Weekly Report #83–30...

KuCoin NewsProject Pinocchio — — Phase 2 Listhttps://www.kucoin.com/news/en-project-pinocchio-phase-2-listJoin the KuCoin AMA with Sensorium, 2000 USD of SENSO to Give Away!https://www.kucoin.com/news/join-the-kucoin-ama-with-sensoKuCoin AMA Series — Sensorium — Full Transcripthttps://www.kucoin.com/news/kucoin-ama-series-sensorium-full-transcriptFinal TRX Session of the POL LockDrop Special Rounds Is Coming!https://www.kucoin.com/news/en-final-trx-session-of-the-pol-lockdrop-special-rounds-is-comingListed ProjectWOM Protocol (WOM) Gets Listed on KuCoin!https://www.kucoin.com/news/en-wom-gets-listed-on-kucoinCampaigns & PromosGet Your $15 Trial Fund and Start USDT-Margined Contract Trading!https://www.kucoin.com/news/en-opening-positions-for-the-first-time-to-get-kumex-trial-fundWOM Protocol (WOM) Listing Campaign: $11,000 in WOM to Give Away!https://www.kucoin.com/news/en-wom-listing-trading-competitionPool-X TRX Soft Staking Carnival, Enjoy Time-Limited Higher APRhttps://www.kucoin.com/news/en-pool-x-trx-soft-staking-carnival-enjoy-time-limited-higher-aprIoTeX (IOTX) Holding Competition Rewards Distributedhttps://www.kucoin.com/news/en-iotex-holding-competition-rewards-distributedFinal TRX Session of the POL LockDrop Special Rounds Has Now Concludedhttps://www.kucoin.com/news/en-final-trx-session-of-the-pol-lockdrop-special-rounds-has-now-concludedKuMEX 取引高コンペ開催、最高$1000を獲得!入金でも$5プレゼント!https://www.kucoin.com/news/kumex-for-japanese-to-win-up-to-1000Tech UpdatesJUST (JST) Monthly Airdrop Program Instructionshttps://www.kucoin.com/news/en-jst-monthly-airdrop-program-instructionsKuCoin Token Swap of Constellation (DAG) Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-token-swap-of-dag-completeST: KuCoin Delisting of Some Projectshttps://www.kucoin.com/news/en-delist-list-aprilKuCoin Will Start the Constellation (DAG) MainNet Token Swap on April 28https://www.kucoin.com/news/en-dag-mainnet-token-swapKuCoin Will Launch “GoldRush” Programhttps://www.kucoin.com/news/en-kucoin-will-launch-the-gold-rush-programTNC2 Deposit Service Now Openhttps://www.kucoin.com/news/en-tnc2-deposit-now-openFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNSlovenian Telegram: https://t.me/KuCoinfficialskupinaoCroatian Telegram: https://t.me/KucoinHrvatskaOfficialRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRPortuguese Telegram: https://t.me/KuCoinPortugueseVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #83–30/4/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 30

KuChain Weekly Report #5

Dear KuChain Community,It’s May Day Holiday the next five days in China, so we broadcast the weekly report today. Wish you a wonderful weekend!1. Basic logic and design- Improving KuMsg permission API, added `Authorize` permission declaration mechanism- Refactored message processing architecture based on Cosmos-sdk Genesis2. Account Module- Improving AccountID type and KuAccount type, supporting definitions of Cosmos-sdk interface3. Asset Module- Improving genesis asset logic, supporting other modules to check genesis data4. Governing Related Modules- Refactored staking, slashing and mint modules based on AccountID type to support KuChain account and Address5. API And Testing Case Support- Improving script of testing chain with multi-node startup- Testing light nodes- related logic6. Supply Module- Implementing Module Account support based on KuAccount- Implementing Token status message based on asset module7. Distribution Module- Refactored distribution module based on AccountID type to support KuChain account and AddressCommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #5 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 30

KuCoin Video Contest

Compared with the traditional finance market, the development of the crypto market is still in its initial but fast-growing stage, and there are a lot of novices in crypto trading. In order to introduce more trading knowledge that will help new traders learn more about crypto trading and make better investment decisions, KuCoin is launching a video contest and calling for your participation! Join and show off your professional knowledge and experience to help more people benefit from crypto trading!Activity Period: April 27, 2020 — May 11, 2020 (UTC+8)How to Participate:1. Shoot a video and upload it onto YouTube. The content of the video should showcase the crypto trading-related services or features on KuCoin. You can choose how to present the information, as long as it is of good quality and covers a relevant topic, but try to make it more interesting than just a slideshow. Here are a few suggested topics:a.KuCoin Reviewb.KuMEX (KuCoin Futures) Reviewc.KuCoin Spot Trading Tutoriald.KuMEX (KuCoin Futures) Trading Tutoriale.KuCoin Margin Trading Tutorialf.KuCoin Lending Review and Tutorialg.Pool-X Review and Tutorialh.How to use Simplex, Banxa, or OTC Desk on KuCoin?i.KuCoin Trading 1012. Share the video to at least one of the other social platforms such as Telegram, Twitter, Facebook, Reddit, etc.3. Fill out the submission form.Rules and Requirements:1.The contest is open for submission now. The deadline for submission is at 23:59:59 on May 11, 2020 (UTC+8).2.The video must be original and relevant to the topic.3.The duration of the video must be at least 2 minutes.4.A link to the KuCoin website must be included in the video description.*For example, below is what you can put in the video description:If you are looking for a tutorial for crypto trading you have come to the right place. In this video, I will show you how to trade crypto on KuCoin.Don’t have a KuCoin account? Register here: bit.ly/KuCoinCryptocurrencyExchange5. KuCoin team will select the winners based on the quality and popularity of the video.Prize:1. 1st Place: 500 KCS2. 2nd Place: 300 KCS3. 3rd Place: 100 KCS4. Lucky Prizes*10: We will randomly select 10 qualified submissions to get a 10 KCS reward each.Terms and Conditions:1. By participating in this contest, you agree to grant KuCoin the right to copy, edit, display, and publish the submitted content for marketing use.2. Rewards will be sent to the winners’ KuCoin accounts within 10 working days after the contest concludes.3. KuCoin reserves the right of final interpretation.KuCoin Video Contest was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 27

KuChain Weekly Report

Dear KuChain Community,Hope you are having a happy and fulfilling day. On the way of growing together, we are working hard on improving KuChain. And below is the delivery this week.Basic logic and design- Improving Handler Warpper and Context related to KuMsg processing;- Designing the architecture of message processing in KuChain Genesis;Account Module- Adding genesis account related methods into account module;- Implementing account-based permission verification interface, and kuContext supporting checking on authorization status of Msg are achieved;Asset Module- Designing the architecture and origanization of genesis Token in asset module;- Organizing the relevant Handler of asset module, implementing the asset messages based on KuMsg;- Fixing the problems in the test, improving the checking mechanism of client commands;Params Module- Introducing params module into KuChain;- Completed basic test cases of params module;Governing Related Modules- Refactored gov module codec;- Based on the params module, implementing parameter functions of evidence, staking, slashing and mint modules and performing the testing;API and testing support- Improving and organizing testing process about multiple nodes starting up, testing transferring, node registration, voting and re-voting;- Organizing and researching the related signatures and api libraries of JavaScript;Supply Module- Merging supply module and master, fixing compatibility of related modules and testing problems;Distribution Module- Merging distribution module and master, fixing compatibility of related modules and testing problems;CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 24

KuCoin Weekly Report #82–24...

KuCoin NewsJoin the KuCoin AMA with COTI Next Wednesday, 1,000 USD of COTI to Give Away!https://www.kubi.cc/news/join-the-kucoin-ama-with-coti-next-wednesdayKCS Team Completes 10th Quarterly (Q1 2020) KCS Burnhttps://www.kubi.cc/news/en-kcs-team-completes-10th-quarterly-kcs-burnKuCoin Partners with Onchain Custodian to Get its Funds Backed by Lockton Insurancehttps://www.kubi.cc/news/en-kucoin-partners-with-onchain-custodianCampaigns & PromosTRX, EOS and XTZ Are Now Available on Pool-X!https://www.kubi.cc/news/en-trx-eos-and-xtz-are-now-available-on-pool-xPool-X Version 1.3 Goes Live, Optimizing Staking Revenuehttps://www.kucoin.com/news/en-pool-x-new-version-goes-live-optimizing-staking-aprCheck In for 7 Consecutive Days and Get a Share of 2,000 USDT Rewards Distributedhttps://www.kubi.cc/news/en-check-in-for-7-days-rewards-distributedSENSO Listing Campaign Phase One: 200,000 SENSO to Give Away Rewards Distributedhttps://www.kubi.cc/news/en-senso-phase-one-rewards-distributed“KuMEX USDT Contract” Rewards Distributionhttps://www.kubi.cc/news/en-kumex-usdt-contract-rewards-distributionKuMEX “Go Find Your Easter Egg” Rewards Distributionhttps://www.kubi.cc/news/en-kumex-go-find-your-easter-egg-rewards-distributionTech UpdatesMarch VTHO Distribution for VET Holders Completedhttps://www.kubi.cc/news/en-mar-vtho-distribution-for-vet-holders-completedMarch ONG Distribution for ONT Holders Completedhttps://www.kubi.cc/news/en-mar-ong-distribution-for-ont-holders-completedFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRPortuguese Telegram: https://t.me/KuCoinPortugueseVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #82–24/4/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 24

KuCoin Partners with Onchai...

On April 20, 2020, KuCoin announced that it has completed a strategic cooperation with Onchain Custodian, Singapore’s crypto asset custody platform. Onchain Custodian will offer custody service for the safekeeping of KuCoin crypto assets. The custodial funds will be backed by Lockton, the world’s largest private insurance brokerage company.Recently, crypto assets have developed rapidly, and the total value of global crypto assets has reached 200 billion US dollars. However, compared with traditional financial markets, crypto assets are still in the primary stage of early infrastructure development.Incidents such as exchange hacks and operation issues have caused investors’ confidence in centralized exchanges to be greatly damaged. There are more than 28 exchange security incidents in 2019, of which more than 70% are stolen crypto assets; in February this year, FCoin entered an indefinite shutdown due to system problems, as high as 132 million US dollars will not be redeemed.Through this partnership, KuCoin and Onchain Custodian will conduct insurance and custody cooperation in terms of fund security to ensure the security of the crypto asset market infrastructure from various aspects such as rules, processes, and technologies. KuCoin will continuously improve the security and compliance of crypto assets to create a safe trading environment for investors.“Since its establishment in 2017, security has always been one of KuCoin’s top concerns. For this reason, we have joined forces with leading global security companies such as Chainalysis and global white hats to protect users’ crypto assets,” KuCoin Global CEO Johnny Lyu said. “After the cooperation with Onchain Custodian, we will further improve the security of user assets by implementing asset separation. Onchain Custodian’s regular audit system and insurance company will provide an additional layer of protection for KuCoin users.”Founded in September 2017, KuCoin has grown into one of the most popular crypto exchanges. Now, KuCoin offers financial services including fiat-to-crypto, crypto-to-crypto, futures, staking, borrowing, token launch and more to its 5 million users across 207 countries and regions around the world. One out of four crypto holders worldwide are with KuCoin.Onchain Custodian offers a global, standardised, resilient, insured and compliant custody service for the safekeeping of institutional crypto asset investments with incomparable user experience. In 2019, it passed NCC encryption and application audits, and Lockton provided crypto and other asset insurance for Onchain Custodian’s crypto asset custody platform.KuCoin Partners with Onchain Custodian to Get its Funds Backed by Lockton Insurance was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 20

KuChain Weekly Report #3

Dear KuChain Community,Hope you’ve all came back from a lovely Easter Holiday. If not so cheerful, hope the time has gone by seeing you all be safe and healthy. We here are doing well, here come the deliveries for this week.1. Account Module-Improving the authority related functionalities of account module, implementingthe KuMsg structure, with idiomatic Golang context mode2. Asset Module-Improving the basic framework of asset module, completed the relatedkeeper of token-Completed functionalities including asset creating, issuance and transfer logic3. Genutil Module-Added test cases of genesis.-Added test cases of gentx.-Designing the client interface of KuChain4. Governing Related Modules-Improving the slashing module-Improving the evidence module-Developing the gov module, completed the basic framework5. Token Inflation Related Modules-Striping the dependencies from supply module on codec std-Implementing the mint module with new inflation logicCommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #3 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 17

KuCoin Partnered with NewsC...

On April 16, 2020, KuCoin announced that it has reached a cooperation with the crypto information educational platform NewsCrypto. Together, they will launch a series of blockchain-related education courses aimed at promoting blockchain technology and drive its mass adoption as a result.The lessons launched by KuCoin and NewsCrypto cover different groups of people, including zero-based groups, users with certain investment experiences, and expert investors. From the education courses, users can find basic crypto knowledge, learn how to read charts, get to know popular tools and indicators and learn how to use them, etc. Users will be able to complete a few tasks after each lesson and get the Certificate of Completion.“Any investment is accompanied by risk. As the People’s Exchange, I hope that every user participating in the market can fully understand the relevant knowledge of crypto, recognize the potential risks of the market, and manage it effectively,” KuCoin Global CEO Johnny Lyu said. “Crypto is changing rapidly, and we will continue to launch new courses to meet your learning and investment needs, and promote the mass adoption of blockchain technology and crypto in the next 5–10 years.”KuCoin is one of the most popular crypto exchanges. Now, KuCoin offers financial services including fiat-to-crypto, crypto-to-crypto, futures, staking, borrowing, token launch and more to its 5 million users across 207 countries and regions around the world. One out of four crypto holders worldwide are with KuCoin.NewsCrypto aims to be the first educational platform that includes all types of crypto transactions, providing users with important transaction information and trading tools. NewsCrypto hopes to guide and help every user to make a reasonable investment decision.KuCoin Partnered with NewsCrypto to Launch Crypto School Program was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 17

KuCoin Weekly Report #81–17...

KuCoin NewsPool-X Will Launch V1.2 with Soft Staking Moving to the Platformhttps://www.kucoin.com/news/en-pool-x-will-launch-new-version-with-soft-staking-moving-to-the-platformKuCoin Supports Multiple Domains and Multi-Line Network for Optimizing Global User Access Experiencehttps://www.kucoin.com/news/en-kucoin-supports-multiple-domains-and-multi-line-network-for-optimizing-global-user-access-experienceUSDT-Margined Bitcoin Perpetual Contract Goes Live on KuMEX Lite!https://www.kucoin.com/news/en-usdt-margined-bitcoin-perpetual-contract-goes-live-on-kumex-litePool-X CampaignsNew Flexible Products: VSYS & WAN Now on Pool-X 1.1!https://www.kucoin.com/news/en-vsys-wan-now-on-pool-xTRX-Flexible is Available Now on Pool-X!https://www.kucoin.com/news/en-trx-flexible-is-available-now-on-pool-xIoTeX (IOTX) Staking and Holdings Competition: 1,500,000 IOTX to Give Away!https://www.kucoin.com/news/en-iotx-staking-and-holdings-competitionStake COTI and Earn High Interest on Pool-X!https://www.kucoin.com/news/en-stake-coti-and-earn-high-interest-on-pool-xCampaigns & PromosBuy Crypto with Banxa at Zero Transaction Fee!https://www.kucoin.com/news/buy-crypto-with-banxa-at-zero-transaction-feeGo Find Your Easter Egg in KuCoin APP and Share 20,000 USDT!https://www.kucoin.com/news/en-kumex-20000-usdt-bonus-for-easter-egg-diggingTech UpdatesKuMEX Is Now Available in Japanesehttps://www.kucoin.com/news/en-kumex-is-now-available-in-japaneseST: KuCoin Delisting of RChain (RHOC) Projecthttps://www.kucoin.com/news/en-kucoin-delisting-of-rhoc-projectKuCoin Completes The Upgrade and Rename of R into REVhttps://www.kucoin.com/news/en-upgrade-and-rename-r-revKuCoin API Request Rate Limit Upgradehttps://www.kucoin.com/news/en-kucoin-api-request-rate-limit-upgradeApril BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-april-btt-airdrop-distribution-for-trx-holders-completed-2004KuCoin Delisting of VisionX (VNX) Projecthttps://www.kucoin.com/news/en-kucoin-delisting-of-vnx-projectAnnouncement on the Adjustment of the Unlock Time of POL Allocation Generated from LockDrophttps://www.kucoin.com/news/en-announcement-on-the-adjustment-of-the-unlock-time-of-pol-allocation-generated-from-lockdropFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRPortuguese Telegram: https://t.me/KuCoinPortugueseVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #81–17/4/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 17

KuCoin Announces Launch of ...

KuCoin, an IDG-backed global crypto exchange, today announces the launch of its Enterprise Currency Desk (ECD), a turn-key solution for enterprise-grade adopters to easily acquire digital assets and support their respective blockchain use-cases.A first-of-its-kind service, KuCoin’s ECD will facilitate the acquisition of digital assets necessary for brands and enterprises to provide blockchain-based solutions. This may include, but is not limited to:sourcing tokens for wallet authentication, transaction fees, and staking, allowing for seamless operation across integrated software platforms.procurement of digital assets such as Bitcoin, ETH, XDB, and variations of stablecoins, that may be used for promotional campaigns such as consumer rewards or other integrated services.As brand and enterprise interest in blockchain continues to grow, KuCoin has noticed the immense potential for branded cryptocurrencies. KuCoin’s ECD ensures that these industry leaders will be able to easily integrate and leverage blockchain technology. The growing role of exchanges within blockchain and decentralized finance has encouraged the development of auxiliary services such as the Enterprise Currency Desk to better support mainstream adoption.DigitalBits, a blockchain protocol hyper focused on servicing branded cryptocurrencies, will be the first project to leverage KuCoin’s Enterprise Currency Desk, having already recognized and worked to develop solutions to fit this growing industry need.“It is clear that the role of branded cryptocurrencies including branded stablecoins is growing in 2020,” stated Johnny Lyu, CEO of KuCoin Global. “We are focused on assisting brands and other enterprises to easily obtain the cryptocurrencies they require for their business, without the need to internally employ experienced traders to pursue the complex task of purchasing significant amounts of tokens.”Founded in September 2017, KuCoin has grown into one of the most popular crypto exchanges, and it currently provides a series of financial services like fiat-to-crypto, crypto-to-crypto, futures, staking, borrowing, token launch and more to its 5 million users across 207 countries and regions around the world. The ECD adds to this dynamic suite of financial products, addressing the growing interest among brands and enterprises to provide blockchain-based solutions to their customers.KuCoin Announces Launch of Enterprise Currency Desk was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 15

Kuchain Weekly Report #2

KuChain Weekly Report #2Dear KuChain Supporters,TGIF! Wish you guys all a lovely weekend ahead! Over the past week, we have seen ourselves moving on with the following progresses, covering various sectors from account module to distribution module.Please stay tuned, there are more coming up next week!0. Design and documentations- Planning and refactoring the dependency model of the Cosmos-sdk module;- Designing and refactoring the composite mode of Cosmos-sdk app;1. Account Module- Developing the basic logic of the account module, improving the functionalities including keeper, account creation and authentication;- Arranging account module-related commands, adding test cases;- Designing KuMsg processing of execution;2. Staking Module- Developing basic logic, improving the functionalities related to node registration and voting;- Updating genesis information;- Arranging the scripts of staking-related commands;3. Genutil Module- Developing basic logic, improving the genesis information support to other modules;- Abstracting the interface of genutil module, realizing the independency of genesis to other modules;- Adding genutil module-related tests;4. Mint Module- Developing basic logic, refactoring module dependency relations;5. Supply Module- Developing basic logic, abstracting dependency to staking module;6. Distribution Module- Developing basic logic, abstracting dependency to account permission system;Merging the decoupled staking module to the distribution branch;Please join us for further discussion over details in regard of topics including tech-developing and chain governance.CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuchain Weekly Report #2 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 10

Pool-X AMA with TRON Full T...

TRON hosted the AMA (Ask-Me-Anything) session with Pool-X at 19:00:00 on April 9, 2020 (UTC+8).The AMA session was composed of 2 parts:1. Q&A between TRON and Pool-X2. Q&A from the audienceQ&A Transcript and RecapJustin Sun: Good evening everyone, I am Justin, the founder of TRON. Tonight, I would like to welcome you all to the AMA in the group and jointly holding by TRON and Pool-X.I think some of you may have heard of Pool-X and before I unveil the curtain, I would like to offer you guys a brief introduction and take a glance of it:Pool-X is established and giving technical support from KuCoin and TRON. It is an exchange that provides liquidity for all users in the PoS ecosystem. In the future, it will transform into a decentralized stage and jointly governed by the community.POL as the platform token is issued based on TRON protocol. The Pool-X liquidity trading platform is committed to providing liquidity for staking assets. Whenever you like to redeem or trade the assets, even if the assets are still in the staking state, liquidity could be obtained through the platform and fulfill all trading signals from users.Here comes our honored guest, Johnny, CEO of KuCoin GlobalJohnny: Hi everyone, I’m Johnny, CEO of KuCoin Global and founder of the Pool-X project. Today another mysterious guest I particularly invited to join the AMA session with me. And here he is!Top: Hello everyone, this is Top. Today I will assist Johnny to answer some specific questions about Pool-X in aspects of product and techniques.Johnny: I’d like to talk about this briefly from the birth of Pool-X. The staking economy was well known by the market, and as of last month, there were more than 70 projects participating in staking services, like ETH, is also proactively transitioning to PoS vanity fair. The milestone achieved so far is just the beginning stage of the staking economy. A bold prediction we can make today, during the period of rapid development in the future, the tokens utilizing PoS or hybrid PoS mechanisms will become the mainstream and occupy at least 90% of the crypto market.The rise of blockchain and even the founding of KuCoin are all closely related to Ethereum, which brings smart contracts, on-chain applications, and community governance to live. This part of the staking assets on the chain will become the cornerstone of the future blockchain industry and play the role of bonds in the traditional financial market.Here we are meeting a huge pool of decentralized or centralized platforms and wallets existing in the market, but most of them can only meet the user’s staking requirements without giving a feasible solution to the user’s liquidity trading needs. The market has so far progressively solved the problem of how to make a stake, what to stake, and the staking income, but no one provided or given an effective solution by covering the services that apply to use during the staking. Community members are FUD to participate in staking mainly because of price fluctuation during the staking period. Especially when the staking rate gets increased and the circulation scale decreases accordingly. To deal with the liquidity “Achilles heel” during staking, KuCoin launched Pool-X, an exchange that provides liquidity for staked assets.Our Pool-X platform token POL is issued based on the TRON protocol. TRON, with its supremed advantages on high throughput and scalability, it has always been committed to creating a more decentralized consensus mechanism. When we met with Justin, the idea was unexpectedly written in the history book and is hoping that this project will not contain the original sin problem like other blockchain projects, and so the principal for not accepting any investment and like zero reservations to be provided to the team or any individual upfront.2. Can you elaborate “Pool-X is an exchange that provides liquidity for staking assets”? How does it work?Johnny: As mentioned in my last question, the birth of Pool-X is due to the expansion of the PoS ecosystem and the huge liquidity demand in the PoS industry. Based on the industry pain points, Pool-X has pioneered the development of a liquidity trading market. Users who participate in staking business and staking PoS tokens while holding staking certificates. When the user needs to redeem the staking tokens within a short time, the user can choose to transfer the staking certificates/credits in the liquidity trading market. By paying with a certain amount of POL, users who provide freely circulating crypto assets (liquidity providers) can quickly obtain the circulating tokens, and staking certificates are automatically transferred. The level of consideration paid for this portion of liquidity is entirely determined by market supply and demands. Generally speaking, when the price of the crypto assets fluctuates greatly, users will be motivated to proceed more trading and then the liquidity demand increases and the price of the crypto is likely to rise. Otherwise, the liquidity supply is sufficient, and the liquidity demand will reduce.For example, User A deposited 1 million TRX a week ago, and because of the pumping of TRX price in a random manner. Then A decided to redeem the staked TRX to gain instant benefits. With the existence of Pool-X, users can open an order of 1 million TRX in the liquidity trading market and spend 1000 POL to cover the pertinent fees. When user B noticing the order placed by A, he will transfer 1 million TRX to acquire the assets held by user A and obtains POL as the income of providing liquidity. Of course, in this process, the transaction matchmaking will be charged on certain fees to process. However, through the liquidity market, users do not have to worry about the staked assets that could not be released when meeting the above conditions, and the process of transaction transferring will not affect the staking rate on the chain.3. We heard that there are no reservations for any investors and teams, so who can get the POL token? How does it get distributed?Johnny: POL is the token of the Pool-X exchange, and we had improved its distribution method based on Edgeware’s LockDrop mechanism.POL is the token of the Pool-X exchange, and we had improved its distribution method based on Edgeware’s LockDrop mechanism. As you may know, the disadvantage of Edgeware LockDrop is that users can get EDG tokens by staking ETH on the chain and ETH will be returned to the user after staking expired. The user will get tokens by paying the time cost on staking ETH, which means it is not a ‘free’ token since time cost is still a cost. However, because Edgeware LockDrop has an option for flexible staking and there are some centralized custodians of ETH on the market. There were groups of people holding a large amount of EDG tokens by occupying the EDG’s LockDrop since they have a large amount of ETH.p mechanism.To express our gratitude to community members of TRON, Pool-X has set up the last LockDrop Special Round for TRX only. All community members of TRON are welcome to access Pool-X to lock-up TRX to get POL. For this time, we do not set up any hard caps for single users. Two million POLs will be distributed according to the ratio of the user’s lock-up amount to the platform’s total lock-up amount.4. You mentioned that the POL obtained by LockDrop needs to participate in staking to start unlocking in the previous question, can you talk about the staking on Pool-X?Top: Let me answer this question for you. We can talk about the staking from the following aspects:As the business root of the exchange, Pool-X will select the high-quality crypto nodes to take part in the early stage of development, and will gradually open more services by providing technical and operational solutions to form an exchange to support cryptocurrencies and nodes in single and multiple types. Besides, users can choose the staking projects and join the corresponding node/exchange.The POL that users obtained from LockDrop will not be 100% distributed. Instead, it will firstly unlock 20% of POL after the listing, and the rest of the 80% of the allocation will be unlocked with staking participation in the future.Users can get node rewards and POL through participating in staking at Pool-X. For example, if I staking TRX on Pool-X, and so does the staking income of TRX’s will be obtained and a certain amount of POL will be allocated. Currently the generating of POL maintain a balanced output, which is 250K POL per day and will be allocated and issued according to the user’s “adjusted market value” share of the staked assets (the value of the user ’s staking assets / The value of all assets in the exchange). 20% of the POL will be unlocked immediately, and the rest of POL will be unlocked based on the monthly basis after 6 months. The total monthly unlock amount is 20% and will be ultimately completed in 4 months. The mechanism will effectively be achieved by progressively releasing POL.5. As a token with 0 fundraise and 0 reservation, what is the value of POL? What are the application scenarios of POL?Johnny: First of all, Pool-X is an exchange platform for exchanging liquidity, and POL is the platform token running throughout the entire mechanism.Secondly, POL has no investors, no private sales, no discounts, no pre-mining, and even the team does not make any reservations, so you don’t have to worry about the so-called ‘major bankers’ running behind since POL is a pure community token.Thirdly, at present, only Pool-X liquidity exchange is trying to solve the liquidity problem of the PoS industry. The staking certification of the liquidity trading market and the exchange of corresponding tokens need to use POL as a fuel because of the exchange can serve ordinary users, nodes, and even projects. As long as there is liquidity trading demand, there is a demand for POL.Pool-X was initially a centralized application, and there were direct application scenarios since its birth. Since there were no fundraisers for POL, the previous holders are all real users of Pool-X and POL will be used when they go to stake on Pool-X. Therefore, no one will be willing to sell POL. For example: if the token that I hold gets pumped up, I must keep enough POL to support my trade. More importantly, POL is not only proof of liquidity, but it also describes the entire Market demand for liquidity. For example, when the ATOM’s price increases, POL will also get increased, but when ATOM’s price falls, POL will also get increased, because as long as there is liquidity demand in the market, POL always has value, which may lead to price increases as POL is to serve the whole staking market. When the market fluctuates, there will be changes in liquidity demand, and ultimately demand on POL increases.Free-Ask SessionQ: If POL has no points reserved by the team or individual, how can the team ensure that the platform is profitable and continues to operate?A:Due to people’s recognition of the concept and the project, KuCoin and TRON donated a sum of money at the beginning of the project, which also supported the formation of the Pool-X core development team and the project operation. As the platform integrated more assets and nodes, users participate in staking, and the increase in the trading volume of the liquidity trading market makes the entire project run well. When the project is handed over to the community for decentralized governance in the later period, the income of these businesses can also well stimulate the parties involved in governance. At the same time, the budget mechanism will also be used to motivate ecological contributors.Q:There is one more member of the TRON ecosystem, but I am curious why Pool-X chose to issue POL on the TRON’s chain?A: The reliability of the TRON TRC20 protocol is utterly stronger. Tether also issued the TRC20-USDT stable coin based on the TRC20 protocol at the beginning of 2019, and the current circulation has exceeded 700 million. The prosperity of the TRC20 ecosystem is formed with its strong community support, and what’s most vital, is with the mass compatibility with ERC20. Developers can easily migrate Ethereum smart contracts to the TRON main net, which gives developers greater freedom and flexibility. And Justin has always been committed to the development of decentralization, which coincides with the pursuit of Pool-X. Based on this, Justin enables his way to contribute to this project. Pool-X is grateful for his efforts and everlasting support and will continue to move toward the decentralization as the ultimate goal!Pool-X AMA with TRON Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 10

Pool-X 1.1 Has Been Launche...

Pool-X, an exchange that provides liquidity for staked crypto, announced that Pool-X platform 1.1 will be released on April 10, 2020 (UTC+8), supporting the staking services of 8 crypto assets, including EOS, ATOM, and TOMO. At the same time, in order to adapt to the fast-growing liquidity market trading needs, POL will be listed on KuCoin exchange, and the POL/USDT trading pair will be available.The Pool-X exchange is donated by KuCoin and TRON. It is an exchange that provides liquidity for all users in the PoS ecosystem. It will gradually transition to a decentralized stage and be jointly governed by the community in the future. Pool-X is the world’s first platform that proposed the concept of Proof of Liquidity and issued POL without any reservation.Recently, the PoS consensus mechanisms and staking economy have developed rapidly. As of last month, there were more than 70 projects participating in staking in the market. Although PoS will become increasingly mainstream, there are still many factors that stop users from staking, such as the liquidity risk during staking. Most PoS tokens have a period of “unbinding” after the end of staking. Considering the high volatility of crypto, investors may suffer losses due to the drop in token prices during the unbinding period. Pool-X is a free market that solves the liquidity problem of staked crypto.KuCoin Global CEO Johnny Lyu said, “PoS consensus mechanism and staking mechanism are important infrastructure to promote the sustainable development of the crypto market. For the PoS projects, the staking ratio is very important, a low rate is not conducive to network security, and a high ratio is not conducive to token liquidity. More and more high-quality projects set their theoretical staking ratio at around 67%. We think crypto assets using PoS consensus mechanisms will account for 90%, that is, more than 60% crypto assets of the entire network will be in the staked status in the future. The liquidity needs of such huge crypto assets will be described in terms of the value of POL.”POL is an important part of the Pool-X ecosystem, as the connection for measuring liquidity needs and a link between staking assets and freely circulating assets. POL encourages participants to balance the supply and demands of liquidity of the staked assets during the process of transactions. It is the fuel to connect the resources of the Pool-X ecosystem and an incentive for ecological governance.Pool-X will gradually support more types of crypto assets and access nodes on each chainto better serve users in the entire PoS ecosystem. With POL listed on KuCoin, both parties will jointly launch more high-quality activities.Pool-X 1.1 Has Been Launched With POL Gets Listed on KuCoin! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 10

KuChain Weekly Report #1

Dear KuCoin community,We are excited to share a freshly kick-off plan with you — KuChain, a self-developed public chain is conceived and in progress. From now onwards, we will update the code developments and progresses in other dimensions of our chain on a regular basis — transparent, consistent and efficient — just like the future KuChain.Please join us as early supporters and stay tuned!This is the snapshot of the first week of the newborn.Developments- Initial project, added app and basic command for KuChain.- Improved log support for KuChain.- Added `name` type for KuChain as ID for the account.- Initial implementation of the `x/account` module.- Initial implementation of the `x/slashing` module.- Initial implementation of the `x/genutil` module.- Added `KuMsg` as basic message to the messages in KuChain.- Added scripts for generating types defined in proto for KuChain.CommunityKuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:Discord: https://discordapp.com/invite/2tWtHDmEnglish Telegram:https://t.me/KuChainOfficialEnglishCommunityChinese Telegram:https://t.me/KuChainOfficialChineseCommunityReddit: https://www.reddit.com/user/kuchainofficialKuChain Weekly Report #1 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 04

KuCoin Weekly Report #80–3/...

KuCoin NewsProject Pinocchio: Digitizing Integrity, from Will to Musthttps://www.kucoin.com/news/en-project-pinocchio-digitizing-integrity-from-will-to-mustKSM Soft Staking Official Rules — Cash Back Investment Program for Kusama (KSM) Holdinghttps://www.kucoin.com/news/en-ksm-soft-staking-official-rulesKuCoin Now Available on TradingViewhttps://www.kucoin.com/news/en-kucoin-now-available-on-tradingviewKuCoin Partners with Quadency to Help You Trade Smarter!https://www.kucoin.com/news/kucoin-partners-with-quadency-to-help-you-trade-smarterKuCoin Launches Portuguese Communityhttps://www.kucoin.com/news/en-kucoin-launches-portuguese-communityListed ProjectsPresearch (PRE) Gets Listed on KuCoin!https://www.kucoin.com/news/en-pre-gets-listed-on-kucoinDigitalBits (XDB) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-xdb-gets-listed-on-kucoin-world-premiereCampaigns & PromosLock USDT and Earn Up to 12% APR on KuCoin! (Second Round)https://www.kucoin.com/news/en-lock-usdt-and-earn-apr-on-kucoin-second-roundKuCoin Will Support the Newscrypto (NWC) Lockup and Cashback Programhttps://www.kucoin.com/news/en-kucoin-will-support-the-nwc-lockup-and-cashback-programTech UpdatesKuCoin Hard Fork Upgrade of Loki (LOKI) Completehttps://www.kucoin.com/news/en-kucoin-hard-fork-upgrade-of-loki-completeFebruary EMOGI (LOL) Airdrop Distribution for IOST Holders Completedhttps://www.kucoin.com/news/en-feb-lol-airdrop-distribution-for-iost-holders-completedAnnouncement on the Adjustment of Pool-X Trading Activity and POL Staking Mining Timehttps://www.kucoin.com/news/en-pool-x-trading-activity-and-pol-staking-mining-timeUSDT-Margined Bitcoin Perpetual Contract Goes Live on KuMEX!https://www.kucoin.com/news/en-usdt-margined-bitcoin-perpetual-contract-goes-live-on-kumexKuCoin Will Support the BOLT (BOLT) Token Swaphttps://www.kucoin.com/news/en-kucoin-will-support-the-bolt-token-swapDeposit, Withdrawal, and Transfer Services of POL Will Open on KuCoinhttps://www.kucoin.com/news/en-deposit-withdrawal-transfer-services-of-pol-will-open-on-kucoinKuCoin Will Support the Upgrade of Revain (R)https://www.kucoin.com/news/en-kucoin-will-support-the-upgrade-of-rMarch WIN Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-march-win-airdrop-distribution-for-trx-holders-completedKuCoin Will Start the RHOC MainNet Token Swaphttps://www.kucoin.com/news/en-kucoin-will-start-the-rhoc-mainnet-token-swapFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRPortuguese Telegram: https://t.me/KuCoinPortugueseVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #80–3/4/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 03

KuCoin Monthly Report March...

Monthly Highlight: The KuGroup Has Been Officially EstablishedWith the expansion of KuCoin’s services and ecosystem, KuCoin has announced the establishment of KuGroup, which consists of three business groups, namely KuCoin Global, KuCloud, and the KuChain & KCS Ecosystem.As the Chairman of KuGroup, Michael Gan will oversee the global strategy of KuCoin Global and put more effort into exploring the boundaries of blockchain technology with KuChain, a Public Chain powered by KuCoin, and how to integrate the group’s businesses with the KCS ecosystem.Per the appointment from Michael, KuCoin co-founder Johnny Lyu will take over the role of KuCoin Global CEO. Johnny will be mainly responsible for the day-to-day operations of KuCoin, KuMEX, Pool-X as well as the expansion and prosperity of the KCS ecosystem.Under the leadership of Johnny Lyu, KuCoin will continue to always put users first, marching towards the next decade of prosperity in the crypto market.Keep on reading for more news about KuCoin for the month of March below.1. KuCoin Spot Trading Platform1.1 Crypto-to-Crypto Trading*Five new tokens get listed on KuCoin: Verasity (VRAB),Vid (VI),Zel (ZEL),Sensorium (SENSO),Presearch (PRE). As of the end of March, a total of 246 tokens have been listed on KuCoin.*Eight new trading pairs added: VRAB/ETH, VRAB/BNB, PMGT/BTC, VI/USDT, SENSO/USDT, SUTER/BTC, ZEL/BTC, and PRE/BTC. As of the end of March, we have a total of 448 trading pairs on KuCoin.*The latest phase of the ST observation has ended. The following projects have been disqualified and the tokens will be removed from the exchange: PAL Network (PAL), SONM (SNM), JET8 (J8T), TenXPay (PAY), SunContract (SNC), and Usechain (USE).*KuCoin Spot trading platform has launched “KuCoin Celebrates Its New Era with You!” campaign together with Pool-X mining pool, KuMEX contract trading platform, and Suterusu (SUTER) project. Mega offers are waiting for you to win! Click for details*Lock USDT and Earn Higher Interest on KuCoin. Click for details*Suterusu (SUTER) Lockup and Cashback Program: Earn 60% APR. Click for details*KuCoin Candy Giveaway: Check In for 7 Consecutive Days and Get a Share of 2,000 USDT! Click for details*KuCoin Token Listing Voting Activity for PoW Projects: Final Round Results — Zel (ZEL) is the winner! Click for details*Insolar (XNS) Trading Competition : 10,000 XNS to Give Away. Click for details*MarcoPolo Protocol (MAP) Holdings Competition: 100,000 MAP to Give Away! Click for details*Vid (VI) Listing Campaign: 93,000 VI to Give Away! Click for details*Perth Mint Gold Token (PMGT) Listing Campaign: 10 PMGT (More than US$16,000 in Gold) to Give Away! Click for details*Use KuCoin Instant Exchange for Fast Transaction of Large Trade with Zero Fee. Click for details*KuCoin has updated the projects listed in the KuCoin Plus Trading Area. Based on our comprehensive assessments, QTUM、ZRX、DCR、BEPRO and ARX have been moved back into the Main Market. Click for details*The following blockchain activities were supported: Energi (NRG) hard fork upgrade, Loki (LOKI) hard fork upgrade, Constellation (DAG) MainNet token swap, and BOLT (BOLT) token swap.*DAI Soft Staking Official Rules — Cash Back Investment Program for DAI (Dai) Holding. Click for details*KSM Soft Staking Official Rules — Cash Back Investment Program for Kusama (KSM) Holding. Click for details*Newscrypto (NWC) Lockup and Cashback Program. Click for details1.2 Margin Trading*Borrow with Ultra-Low Interest for Leverage and Share USDT! Click for details2. Pool-X*The third batch of available projects is EOS-30 and XTZ-30. During the Staking period, in addition to the staking benefits of each project, users can also share mining rewards of 250,000 POL every day! Click for details3. KuMEX*The USDT-Margined Bitcoin Perpetual Contract is now available on KuMEX. Each contract is valued at 0.001 BTC and the maximum leverage offered is up to 100x. Click for details*From September 2020, the settlement time of KuMEX Bitcoin quarterly contract will be adjusted and set to 8:00 (UTC). Click for details*To better reflect the price changes in the market, KuMEX has adjusted the update frequency of mark price from 5m/s to 1m/s, while the existing calculation rules remain unchanged. Click for details4. Technical & Commercial Updates:*KuCoin has launched a $50 million support plan to boost the development of the Indian blockchain industry. We sincerely invite all Indian partners who are interested in the blockchain business to send cooperation details to indiabusiness@kucoin.com*To prepare for the upcoming upgrade of the new referral bonus program and improve user experience, KuCoin has performed a referral bonus system upgrade on March 18, 2020 (UTC+8). During the upgrade, the bonus distribution is suspended for any new referrals on KuCoin and KuMEX. Click for details*KuCoin has partnered with well-known, credible, authoritative institutions and media in the industry to launch the “Pinocchio Integrity Program”, aiming to establish a credible project review platform to promote self-discipline and integrity in the industry. Click for details*KuCoin has partnered with TradingView to enable KuCoin users to view real-time prices and K-line data of all trading pairs of KuCoin on TradingView. Click for details*To avoid abnormal fluctuations in the market and capital losses caused by large order placement by mistakes, KuCoin has upgraded the trading system. The Immediate Or Cancel (IOC) strategy has been deployed in this upgrade to the Spot trading system. The price protection strategy has been deployed in this upgrade for margin trade. Click for detailsJoin KuCoin Global Communities to get the latest updates about KuCoin.KuCoin Monthly Report March 2020: KuCoin’s New Era was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 04. 01

Highlights from the ChainDD...

On March 27, 2020, KuCoin Global CEO and co-founder Johnny Lyu, along with TRON founder Justin Sun, took part in a panel discussion at the ChainDD AMA session about the development of the staking economy and service in 2020.Here are some of the highlights from the AMA.At the beginning of 2019, the staking economy began to be widely known and recognized by the market and investors. The rapid growth of the service and mechanism has formed an inevitable trend to impact the succeeding year of the crypto market. According to statistics from Staking Rewards, as of March 2020, there are 73 projects participating in staking in the cryptocurrency market. Will the staking economy continue to grow rapidly in 2020?Johnny believes that the current staking service is still at the infancy stage, the applications and scenarios are limited. As long as there’s a huge demand for staking in the market, it’s obvious to forecast that the clock for rapid development in the future has wound up. Just like BTC, the throne could not be toppled as it subdues the market from the tremendous powers. Among assets other than BTC, the ability to on-chain governance is undoubtedly the key factor to influence the user’s scale of a project. PoS is the key to governance on the chain in full dimensions.Since Ethereum has brought the community governance on the smart contract chain, the folks could see the rise of the blockchain and so does the existence of KuCoin. Then, we could say 90% of crypto assets other than BTC in the future may purely gene in PoS or a hybrid PoS, such a project like DCR is telling the story.Justin’s view about staking is more inclined to a new gateway to governance the community than a rewarding type. By only introducing more users to join the staking with a lower threshold, can the propeller could drive the development of the blockchain even faster. The staking economy is one of the key kits to promote the entire industry.The problem that plagues investors and exchanges at all times is the lack of liquidities. There have been many exchanges in the market that are trying to provide liquidity solutions for the staking economy. KuCoin previously launched the Pool-X PoS platform to tackle the issue. How is the current development status of Pool-X?Johnny described the features of Pool-X, that is to say, it is a mining pool or a liquidity product and also a liquidity exchange, an infrastructure product that solves liquidity issues for all staking services. In addition, Pool-X is also a community-based project. The appearance of Pool-X represents the attributes of “Without Original Sin”, which the project is free from fundraising and no reserved tokens by the team.The operation mechanism of Pool-X is to map the staking tokens to a certain tradable credit. The liquidity problem is solved when users complete the trading or transaction of the credit. This will increase the staking pledge rate and release liquidities of a staking token through trading the mapped credits on Pool-X. The mechanism also effectively prevents further assets loss when meeting the price fluctuation of a token.Pool-X has been widely used by more than 300,000 users globally since the launch of the platform. Now it has 8 collaborative staking projects, more will join the platform in the future to better support industrial ecology.Justin highly expressed the professionalism of the KuCoin team. The Pool-X model is very user-friendly and has made innovative moves in the entire staking industry. The lock-up mining model is fully demonstrated on the Pool-X platform and so does the staking income and liquidity are both achieved on Pool-X, which leads to a positive effect on the development of the entire staking economy.KuCoin and TRON have also become the first batch of beneficiaries of Pool-X. With the mass utilization of the platform globally, KuCoin has gained a remarkable number of high-quality users in the blockchain field such as PoS participants. On the other hand, TRON and other ecological projects have received liquidity support from the beta version of Pool-X, which can better activate community participation.By successfully implementing the node management mechanism, Pool-X will launch the budget system to empower the nodes to determine the staking performance. The team applies tokens from the node as a development budget. The method essentially achieves the goal of community self-governance.The distribution of POL is made through LockDrop, some of these POL can be unlocked by the user’s staking performance in Pool-X, and the scale of POL circulation expands when more performances are engaged.Pool-X mining pool token POL is also the first decentralized mining pool point/credit issued based on the TRON’s TRC20 protocol. The reliability and the ecology of the TRON TRC20 protocol are not only backed by strong community support but also by its full compatibility with ERC20.— — On aspects of infrastructure1. The exchange will continue to optimize the trading system and user experience, with focus on Margin and Futures trading.2. KuMEX (Futures Trading) is going to launch the USDT feature soon which indicates the expansion of the trading category and there will be a release of mixed magin and new cryptocurrencies in the near future.3. KuCoin will keep on enriching the contract trading market by giving user-friendly applications to newbies in different countries.4. More efforts will be put on public chain development.5. Pool-X will be transferred and promoted from centralized exchange to DEX.Johnny stated that these key tasks can bring more high-quality users and industry recognition.— — On aspects of returnsThe decentralization attempts that we endorse on Pool-X and KuChain are not strongly binding and relevant to the interests. As long as the platform is in the premise of smooth operation, we will push it to the stage of community governance.It is believed that there are many reasons for the failure of projects, one could originate from the debt generated from the previous fundraising activities that ultimately needs to be paid by the community participants and chain users.On the other hand, the lack of user base or user acquisition capability could also be the downfall of a project. However, Pool-X has established this strength in avoiding such circumstances. So, this will enable the team to focus more on investment in R&D as well as introduce the first round of seed users to the network.Highlights from the ChainDD AMA with TRON founder Justin Sun and KuCoin Global CEO Johnny Lyu was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 03. 31

KuCoin’s Futures Platform K...

KuMEX, the Bitcoin futures platform developed by KuCoin, today announced that USDT Perpetual Contracts will be officially available on the exchange at around 18:00 on March 30, 2020 (UTC+8) and deposit of USDT has already been enabled.Unlike the Bitcoin (BTC) Perpetual Contracts on KuMEX, all profits, losses and account balances will be denominated in USDT. To better manage trading risks, the BTC/USDT Spot Index used by KuMEX is the volume-weighted average price of BTC/USDT across six exchanges including Binance, OKEx, Huobi and KuCoin. Also, the trading volume weight will be adjusted on a quarterly basis.Johnny Lyu, CEO at KuCoin Global, said, “By introducing the world’s first Lite Version of Bitcoin futures platform, supporting 10+ languages and now the launch of USDT Contracts, KuMEX is committed to building a simple, reliable and transparent futures platform. The USDT Perpetual Contracts will make it clearer and easier for new futures traders to make investment decisions using USDT, and mitigate the volatility brought by non-pegged tokens.”Along with the launch of the USDT Perpetual Contracts, KuMEX is launching a series of giveaway activities to reward users. Traders will be able to share up to 400,000 USDT by trying out the USDT Perpetual Contracts. More rewards will be given away based on trading volume.Officially launched on July 8, 2019, the KuMEX platform was developed by the KuCoin team. KuMEX is the only crypto futures platform that enables Level 3 Data, allowing traders to check every single trade on the exchange, effectively avoiding unusual liquidation caused by market manipulation. KuMEX offers up to 100x leverage and currently supports 13 languages ​​including English, Chinese, Russian, Vietnamese, Turkish, etc.KuCoin’s Futures Platform KuMEX Launches USDT Perpetual Contracts was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 03. 27

Project Pinocchio: Digitizi...

Dear cryptoers,2020 is destined to be an extraordinary year. Within three months, the global economy has been in panic of COVID-19, stock market crashes and the breakout of oil price war; cryptocurrencies, as a new type of assets, have also been severely impacted. Throughout history, turnarounds have always come with crises. As the CEO and co-founder of KuCoin Global, I think now is an important moment for all industry practitioners to examine themselves and solve problems.Here I decided to take the lead in the name of KuCoin to launch the “Project Pinocchio”, also known as the “Pinocchio Integrity Plan” which aims to create a data-driven integrity index and a credit information system that’ll ultimately benefit the whole cryptocurrency industry, thanks to the solid blockchain technology of ours and our allies’. At the same time I am calling everyone to join our alliance to support this program.The crypto business has been growing rapidly since its inception; on the other hand it has also been highly controversial. As Chairman of KuGroup Michael said, any industry has to experience setbacks to mature, and both the players and the industry’s infrastructure need time to develop. Meanwhile, we should face and address various problems in the industry, wiping out misbehaviour, hedging against moral hazard, and to facilitate a sustainable development of the industry.The vision of blockchain is to create a decentralized, open and transparent, collectively maintained technology ecosystem, these are the core values that should be rooted in the industry development. The launch of Project Pinocchio aims to set a benchmark for the industry to avoid the occurrence of vicious business behaviors through a fair, just and authoritative review mechanism. This program will establish an integrity index as a reference standard for the industry using multi-dimensional measurements, including moral hazard assessment, data analysis, public opinion monitoring, transaction history, and project development. The ultimate goal is, building upon solid blockchain technology and strict regulatory compliance, to develop a non-profit credit review DApp that’ll fulfil the original aspiration of achieving integrity with pure technology.I hereby announce that KuCoin will start this brand-new credit infrastructure “Project Pinocchio” for the entire cryptocurrency industry to maintain the industry order and promote integrity. This program will contribute to society, which we believe will encourage innovation and technology development. We will continue to update the development of the “Project Pinocchio” on the official website of KuCoin and other social media platforms with data and contents.All persistence will be rewarded. I hope everyone can join us to maintain the healthy development of the industry.Rainbow comes after the rain, while a rough road leads to the heights of greatness. Let’s move towards a better future together.JohnnyMarch 27, 2020Project Pinocchio: Digitizing Integrity, from Will to Must was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 03. 27

KuCoin Weekly Report #78–25...

KuCoin Weekly Report #79–25/3/2020KuCoin Celebrates Its New Era with You!KuCoin Celebrates Its New Era with You!https://www.kucoin.com/news/en-kucoin-celebrates-its-new-era-with-youKuCoin Candy Giveaway: Check-In for 7 Consecutive Days and Get a Share of 2,000 USDT!https://www.kucoin.com/news/en-check-in-for-7-days-to-get-rewardsLock USDT and Earn Higher Interest on KuCoin!https://www.kucoin.com/news/en-lock-usdt-and-earn-higher-interest-on-kucoinExclusive Rewards for Indian Users: 10,000 USDT to Give Awayhttps://www.kucoin.com/news/exclusive-rewards-for--indian-users-10000-usdt-to-give-awayBorrow with Ultra-Low Interest for Leverage and Share USDT!https://www.kucoin.com/news/en-borrow-with-ultra-low-interest-for-leverage-and-win-usdtSuterusu (SUTER) Lockup and Cashback Program: Earn 60% APRhttps://www.kucoin.com/news/en-suter-lockup-and-cashback-program-earn-60-percent-aprSimplex Transaction Fee Discount Offer!https://www.kucoin.com/news/simplex-transaction-fee-discount-offerKuCoin NewsKuCoin Announces the Establishment of KuGroup with Michael Gan Appointed as Chairman and Johnny Lyu Appointed as KuCoin Global CEOhttps://www.kucoin.com/news/en-kucoin-announces-the-establishment-of-kugroupAnnouncement on the Latest Upgrade of KuCoin Structure and Strategyhttps://www.kucoin.com/news/en-announcement-on-the-latest-upgrade-of-kucoin-structure-and-strategyKuCoin Launches $50 Million Support Plan for Indian Blockchain Industryhttps://www.kucoin.com/news/en-kucoin-launches-50-million-support-plan-for-indian-blockchain-industryThe Declaration of the KuCoin Group Regarding the Fraudulent Use of the KuCoin Brand by Scammershttps://www.kucoin.com/news/en-the-declaration-of-the-kucoin-group-regarding-the-fraudulent-use-of-the-kucoin-brand-by-scammersListed ProjectsSensorium (SENSO) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-senso-gets-listed-on-kucoinZel (ZEL) Gets Listed on KuCoin!https://www.kucoin.com/news/en-zel-gets-listed-on-kucoinCampaigns & PromosPerth Mint Gold Token (PMGT) Listing Campaign Rewards Distributedhttps://www.kucoin.com/news/en-pmgt-listing-campaign-rewards-distributedVid (VI) Listing Campaign Rewards Distributedhttps://www.kucoin.com/news/en-vid-listing-campaign-rewards-distributedMarcoPolo Protocol (MAP) Holding Competition Rewards Distributedhttps://www.kucoin.com/news/en-map-holding-competition-rewards-distributedInsolar (XNS) Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-xns-trading-competition-rewards-distributedTech UpdatesKuCoin Hard Fork Upgrade of NRG Complete: Withdrawal Service Now Openhttps://www.kucoin.com/news/en-kucoin-hard-fork-upgrade-of-nrg-completeMarch BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-march-btt-airdrop-distribution-for-trx-holders-completed-200316KuCoin Referral Bonus System Upgrade Noticehttps://www.kucoin.com/news/en-kucoin-referral-bonus-system-upgrade-noticeFebruary VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-feb-vtho-distribution-for-vet-holders-completedFebruary ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-feb-ong-distribution-for-ont-holders-completedKuCoin Update of Projects Listed in the KuCoin Plus Trading Areahttps://www.kucoin.com/news/en-kucoin-plus-trading-area-200323KuCoin Will Support The Loki (LOKI) Hard Fork Upgradehttps://www.kucoin.com/news/en-kucoin-will-support-the-loki-hard-fork-upgradeKuCoin Will Start the Constellation (DAG) MainNet Token Swaphttps://www.kucoin.com/news/en-kucoin-will-start-the-dag-mainnet-token-swapST: KuCoin Delisting of Some Projectshttps://www.kucoin.com/news/en-st-kucoin-delisting-of-some-projects-200325Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #78–25/3/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 03. 25

Recap of AMA with Michael &...

At 20:00 on March 17, 2020 (UTC+8), Michael Gan, the Chairman of KuGroup, and Johnny Lyu, the CEO of KuCoin Global, attended an AMA in the KuCoin English Telegram Group answering questions about the KuGroup and KuCoin’s upcoming plans: KuChain, KuCloud & new KCS bonus plan, etc,.For those who missed the AMA, check out the recap of all questions answered during the session to make sure you won’t miss anything.Michael: Hi guys, this is Michael, the founder of KuCoin and now the founder of KuGroup. Happy to be here to share with you our recent developments regarding KuChain and the whole KuCoin ecosystem.Johnny: Hello everyone, Johnny from KuCoin here. As Michael moves to the Chairman of KuGroup, I will take over the role of KuCoin Global CEO. As the co-founder of KuCoin, I used to manage the listing, BD and investment team of KuCoin. Moving forward, please feel free to let me know your suggestions, I will work hard to make KuCoin the best place to trade crypto!Q1: Why is the organizational structure of KuCoin adjusted?Michael: Since 2019, KuCoin has gradually launched a series of financial services around the core of “exchange value”, such as fiat-to-crypto, futures, staking, borrowing, lending, token launch and more. KuCoin has changed from a spot crypto trading platform to a comprehensive financial service platform.And we will continue to introduce new services as one of the most global exchanges with 5 million users from 207 countries and regions.With the expansion of KuCoin ecosystem and so many upcoming plans, we decided on the adjustment for our organizational structure. After the adjustment, we can cover more services, such as the Public Chain. And it will also help us to better deal with compliance issues. Our long-term goal is to be regulated in all mainstream markets.So in short, with this change, we will have more services and serve our users in a more regulated way.Q2: Could you tell me more about Michael’s future role?Michael: Sure, as the Chairman of KuGroup, I will oversee the global strategy of the whole group. Also, since I’m always into blockchain technology, I will put more efforts on exploring the boundaries of blockchain technology with KuChain, our Public Chain that will be launched soon.Q3: Many top exchanges have developed their own chain, why do you think they do this? What are the advantages of KuChain?Michael: I think there are two main reasons why exchanges are willing to do this.First, exchanges have the advantages to build a Public Chain; second, there can be a synergy between exchanges’ existing business and its Public ChainLet’s start with the first point, other than the advantages in funds and technology, but more importantly, exchanges are one of the most resource-rich players in the crypto industry. This is expected to solve a common problem that the mainnet is live but no application running on it.From the perspective of synergy, crypto exchanges currently act as a bridge between projects and traders.Imagining an exchange has its own Public Chain, it could attract projects to build on its Public Chain, so as to expand its ecosystem, and for traders, exchanges will be able to provide a better trading experience through its CEX and DEX.I’d like to share more info with you regarding the KuChain we are working on.KuChain proposes a permission-free decentralized financial framework. Through proper abstraction and reasonable stratification, KuChain will enable users to get rid of the complexity of the base layer of blockchain, covering on-chain, off-chain, and all kinds of use cases. It will fit into various front pages with high scalability that allows consistent evolution, so as to help all types of developers build their own chain and service in the system.This is just a small piece from KuChain white paper. Will share with you more details within a month.The KuChain team is reporting to me and we expect a lot from this initiative, hope you will like it as we do.Q4: Why chose Johnny to be the CEO of KuCoin Global?Michael: I’ve known Johnny for a looooong time hhh. Johnny was not only the co-founder of KuCoin, but also an old friend of mine. I have full recognition of his work ability and personalityJohnny has a strong technical background and has accumulated rich operational and business experience in his previous work and entrepreneurship.In the past, Johnny has leveraged his expertise in business development and corporate management to take care of the listing, business development and strategic investment of KuCoin.Previously, my role at KuCoin is to take care of the technical infrastructure, system and product, while Johnny was responsible for making KuCoin a household name where you could trade as many hidden gems as possible.Based on his understanding of KuCoin, as well as his technical and operational capabilities, we believe that he is the best person to serve as the CEO of KuCoin Global. And of course, as the founder and chairman of KuGroup, I will also work with Johnny hand in hand.Q5: As the CEO of KuCoin Global, any plans for KuCoin?Johnny: Well it is my pleasure to play the role in KuCoin. In the past two years, KuCoin has grown into a well-known trading platform in the crypto industry.As we can see, many users like KuCoin because we have more than 200 tradable digital assets, secure and easy-to-use trading experience, and very supportive customer service.After the establishment of the KuGroup, we will think more about new businesses, and how to create another “KuCoin’’ among the new services and products.The KuMEX futures platform is one of the most important products after KuCoin. Due to the fact that you could make a profit by both longing and shorting in futures trading, KuMEX has developed rapidly since its launch. Recently, the KCS bonus from KuMEX surpasses that from KuCoin, indicating that the platform is performing quite well. In the first half of this year, we have the plan to launch USDT futures and to support more cryptocurrencies in addition to BTC.In 2020, we believe that the Ethereum 2.0 upgrade will bring a lot of attention and traffic to the Staking economy, so we will put lots of efforts on Pool-X as well.I believe many of you have participated in the LockDrop and Staking on Pool-X, and obtained many POL tokens.Good news, POL will be listed on KuCoin soon, and we are expecting that the user of Pool-X will grow rapidly as the holder of POL continues to grow.In addition, we have recently launched KuCloud, and we are currently in discussions with hundreds of potential partners around the world. Through KuCloud, we will help partners quickly build a spot or futures trading platform that better meets the needs of local users.Last but not the least, we will have many new products and services in this year, such as KuChain and KuDEX.All of the above businesses have the potential to create another “KuCoin” within this year, and all businesses will contribute to the intrinsic value of KCS.Though already working at KuCoin for 2+ years, I’m still new as a CEO. Expecting your help and support!!Q6: Some people are worried that the shift of KuCoin top management may affect KCS negatively. What is the reasonable price of KCS?Johnny: Good question, I can understand your concerns, but I don’t think this is a shift of our top management as no one will leave the company. Michael and I have been in the company since the inception.Although we both will have new positions, it is still our common goal to contribute to the long-term development of the company. Therefore, I don’t think this will have a negative impact on KCS.About the reasonable price of KCS, I think KCS is much undervalued. KCS price is highly associated with the development of KuCoin, and we are constantly improving its value.Within KuCoin, the function of KCS is as many as the exchange token in other channels, pay trading fees, get VIP rights, etc., and KCS also has plenty of use cases outside of KuCoin in traveling, gaming, financing, social networking and other industries. As for the value of KCS, I think it has infinite possibilities. With the continuous expansion of the KuCoin ecosystem, the business around KCS will gradually become ecological, and the intrinsic value of KCS will be higher and higher.Michael: Agree, actually we care KCS more than anyone else. And whenever we have some new services / products, we think hard about how it can be associated with and benefit KCS. In our Public Chain, KCS will also play a very significant role.Q7: There has been a constant delay in the listing of POL. Can we expect them at least in early Q2? How will this affect KuCoin and KCS?Johnny: First sorry for the delay. I’m a co-founder of Pool-X and I also wanna see it get listed soon. We intended to list it in early Q1 but delayed due to multiple reasons, but the good news is, we have almost confirmed the listing date. As the current plan, POL will be listed on KuCoin in 2–3 weeks.Compared with other PoS mining pools, Pool-X has the kind-in-its-kind liquidity trading market, in which lockup assets can be traded, and POL will be used as the “currency”.After the POL is listed, I believe the number of POL holders will grow dramatically, and these users will also become potential users of Pool-X, which will greatly contribute to the prosperity of the liquidity market.As you may know, according to the burn mechanism in the POL whitepaper, after each trade in the liquidity market, a certain amount of POL will be burned, which means the development of the liquidity market will accelerate the burn and contribute to improving the intrinsic value of POL. Let’s expect the upcoming listing together.Q8: How will the KCS Bonus plan be adjusted?Johnny: Regarding the current KCS bonus plan, we will adjust the way we distribute the bonuses. I cannot unveil too many details now but it is certain that the bonus of holding KCS will only be higher.Q9: As a CEO of KuCoin what is the value you want to receive from the community and how will it help you improve KuCoin in the future?Johnny: One core value at KuCoin is “Users First”, that’s why we established a number of global communities to communicate with our users.We are happy to hear from our users and implement these ideas to make KuCoin a better place to trade.Q10: I’m a new user of KuCoin, as I understand KuCoin is an exchange having services like KuChain, KuCloud with KCS as gas. It seems KuCoin is changing to be an ecosystem in the near future. So which benefit does this ecosystem bring to us? (The question is from a Twitter user)Michael: Yes KuCoin is not a simple spot exchange any more, we have developed into a finance service provider offering fiat-to-crypto, crypto-to-crypto, futures, staking, lending, token sale and more.As we introduce more services, we will be able to better satisfy the investment needs of crypto traders.Also, our native token KCS is the backbone of all our services, which means as the development of all these services, the intrinsic value of KCS will improve as well, benefiting all KCS holders.Q11: Got a pack of questions from another Twitter user1) what architecture will it be built on (traditional blockchain or DAG, for example)?2) will there be the possibility of developing Dapps?3) do you have plans to develop your own decentralized exchange based on KuChain?Michael: Good questions. Our Public Chain will be developed on the basis of Cosmos SDK. KuChain will support many high-performance Dapps, and our decentralized exchange KuDEX is very likely to be the first one.Q12: Why became trading leverage with kucoin platform after it was in KuMEX?Michael: Oh, it’s different, margin trading on KuCoin and futures trading on KuMEX.Q13: Is spotlight dead or any plan to continued that product?Michael: We will continue the plan. I think in 2020, investing in major coins might be more profitable because of the upcoming halving. But we will still introduce good projects through Spotlight.Q14: How to get list coin in Kucoin?Michael: Contact our listing team and pass the review process. But we have a relatively high standard in terms of project listing, ususlly less than 10% of applicants will get listedQ15: What are the possible KCS list on other market exchange?Johnny: We are excited to see KCS trading on other exchanges in the future, and we are currently in communication with a number of major exchangesQ16: What is the Future roadmap of KUCOIN next 2–3 years?Michael: To be honest in the crypto world, everything changes really fast. We prefer not to plan for such a long-term. But in 2020, our focus will be on KuMEX, Pool-X, KuChain and KuCloudQ17: What is KuCoin’s best selling point for attracting new users to the exchange?Michael: 1) many good coins 2) super friendly 3) solid product to bring secure and stable trading servicesQ18: Is KuCoin easy for new users? What are the highlights that attract users of KuCoin?Johnny: Yes, KuCoin is very friendly to new users. Firstly, our website and app have a good interactive experience. Secondly, we set up use guidance for some problems of new users. For contract users, the lite version of KuMEX also enables new users to experience the charm of contract tradingQ19: Is there any possible to make KuCoin dex ?Michael: Yep, KuDEX will be developed on KuChain.Q20: When KuMEX support other trading pair like ETH?Michael: In Q2 I suppose, after the launch of USDT futures, we will be able to support other coins quickly.Q21: Hi Johnny, since the BTC plunge, most users are sad, and we really hope that during this time you can bring us some positive news. Are there any activities or campaigns to reward your users?Johnny: This is a good question, and we have been thinking about it. We know that many users has suffered some losses in the recent market. As our new products are launched and upgraded in the future , we will launch a series of activities to reward our users.Q22: What is the biggest obstacle for KuCoin like nowadays happen Corona virus?Michael: I see this more like an opportunity for the blockchain industry actually. For instance, during the outbreak in China, many companies leverage the blockchain tech to contribute to dealing with the virse. This is a good way to show everything what blockchain can do.Q23: How about KuCoin security systems? Is it enough safe bcos recently many exchanges get hacked and what makes KuCoin different from other exchanges? Can you tell with us?Michael: We are quite confident about our system. We have multiple mechanism to protect our users and we are working with many top security companies to improve the security level. Please rest reassure to trade on KuCoin.Q24: Which countries KuCoin are now focusing to attract and educate about your project?Michael: As a global exchange, we’d like to target all potential markets. 2020 see many new countries open its door to blockchain, and we’d like to put more efforts on them. India for instance is one of them.Recap of AMA with Michael & Johnny: What’s Next for KuMEX, Pool-X & KuChain? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 03. 17

KuCoin Announces the Establ...

KuCoin Announces the Establishment of KuGroup with Michael Gan Appointed as Chairman and Johnny Lyu Appointed as KuCoin Global CEOSEYCHELLES, March 17, 2020, KuCoin (https://www.kucoin.com), an IDG-backed crypto exchange, announced today the establishment of KuGroup, and CEO Michael Gan has been appointed as the Chairman of KuGroup. Also, KuCoin co-founder Johnny Lyu has been appointed the position of CEO of KuCoin Global.With the expansion of KuCoin’s services and ecosystem, the management team decided to adjust the company structure and establish KuGroup, which consists of three business groups, namely KuCoin Global, KuCloud, and the KuChain & KCS Business Group.As the Chairman of KuGroup, Michael Gan will oversee the global strategy of KuCoin Global and put more efforts on exploring the boundaries of blockchain technology with KuChain, a Public Chain powered by KuCoin, and how to integrate the group’s businesses with the KCS ecosystem.“When I was still at Alibaba, I had worked in the AI department of Ant Financial and observed how this cutting-edge technology has been applied to various industries”, said Michael Gan, “As a growing number of countries such as India, Korea, and France open its door to blockchain and crypto, the mass adoption will be inevitable and KuChain as well as its ecosystem will largely contribute to this trend”.Before joining KuCoin as co-founder, Johnny Lyu has accumulated abundant experience in the e-commerce, auto, and luxury industry. At KuCoin, Johnny used to lead the listing, business development and strategic investment team, and he is also the main contributor behind Spotlight, Pool-X, and KuCloud. With his new role as KuCoin Global CEO, Johnny will be mainly responsible for the day-to-day operations of KuCoin, KuMEX, Pool-X, as well as the expansion and prosperity of the KCS ecosystem.Johnny Lyu commented, “KuCoin has proved its value in the crypto space by offering easy-to-use, secured and efficient financial services to users internationally. Over 65 billion transaction volume has been handled so far and we will continue our journey to make KuCoin the best place to trade. Please stay tuned for more updates regarding KuCoin, KuMEX, Pool-X, KCS, and KuChain that will be announced in the next few weeks.”Founded in September 2017, KuCoin has grown into one of the most popular crypto exchanges, and it currently provides a series of financial services including fiat-to-crypto, crypto-to-crypto, futures, staking, borrowing, token launch and more to its 5 million users across 207 countries and regions around the world. One out of four crypto holders worldwide are with KuCoin.KuCoin Announces the Establishment of KuGroup with Michael Gan Appointed as Chairman and Johnny… was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 03. 17

KuCoin Weekly Report #78–11...

KuCoin NewsDAI Soft Staking Official Rules — Cash Back Investment Program for DAI (Dai) Holdinghttps://www.kucoin.com/news/en-dai-soft-staking-official-rulesKuCoin Partners with HodlBot to Simplify Cryptocurrency Investing !https://www.kucoin.com/news/en-kucoin-partners-with-hodlbot-to-simplify-cryptocurrency-investingAnnouncement Regarding the Adjustment of the Final TRX Session of POL LockDrop Special Roundshttps://www.kucoin.com/news/en-announcement-regarding-the-adjustment-of-the-final-trx-session-of-pol-lockdrop-special-roundsListed ProjectsVid (VI) Gets Listed on KuCoin!https://www.kucoin.com/news/en-vi-gets-listed-on-kucoinInfiniGold’s Perth Mint Gold Token (PMGT) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-pmgt-gets-listed-on-kucoinCampaigns & PromosInsolar (XNS) Trading Competition: 10,000 XNS to Give Awayhttps://www.kucoin.com/news/en-insolar-xns-trading-competition-10000-xns-to-give-awayKuMEX King: Share Positions and Gain Up to $10,000 Worth of BTChttps://www.kucoin.com/news/en-kumex-king-share-positions-and-gain-up-to-10000-worth-of-btcMarcoPolo Protocol (MAP) Holdings Competition: 100,000 MAP to Give Away!https://www.kucoin.com/news/en-map-holdings-competition-100000-map-to-give-awayVid (VI) Listing Campaign: 93,000 VI to Give Away!https://www.kucoin.com/news/en-vi-listing-campaign-9300-vi-to-give-awayPerth Mint Gold Token (PMGT) Listing Campaign: 10 PMGT (More than US$16,000 in Gold) to Give Away!https://www.kucoin.com/news/en-pmgt-listing-campaign-10-pmgt-to-give-awayKuCoin Token Listing Voting Activity for PoW Projects: Final Roundhttps://www.kucoin.com/news/en-kucoin-token-listing-voting-activity-for-pow-projects-final-roundARX Net Buying Competition Rewards Distributedhttps://www.kucoin.com/news/en-arx-net-buying-competition-rewards-distributedROAD Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-road-trading-competition-rewards-distributedSUTER Listing Campaign Rewards Distributedhttps://www.kucoin.com/news/en-suter-listing-campaign-rewards-distributedTech UpdatesFebruary WIN Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-february-win-airdrop-distribution-for-trx-holders-completed-200228KuCoin Will Support The Energi (NRG) Hard Fork Upgradehttps://www.kucoin.com/news/en-kucoin-will-support-the-nrg-hard-fork-upgradeKuCoin Adds the PMGT/BTC Trading Pairhttps://www.kucoin.com/news/en-kucoin-adds-the-pmgt-btc-trading-pairFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #78–11/3/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 03. 11

KuCoin Monthly Report Febru...

Monthly Highlight: KuCloud launched, offering a top-tier white-label solutionIn February, KuCloud, one of KuCoin’s key products of the year, was released. KuCloud provides its partners with world-class, secure, scalable and high-liquidity infrastructure technology of crypto spot and futures exchange. Whatever key functionalities KuCoin and KuMEX offer, KuCloud will deliver and improve, shoring partners to better leverage its commercial and operational edges to achieve a greater good.KuCloud is now offering early bird privilege of zero-cost to launch a crypto exchange, aiming to save future fellow exchange operators million-dollar R&D input and months of time cost, which will ultimately fuel a corner overtaking on this very racing track. Email business@kucloud.me for further information.Please find more news about KuCoin for the month of February below.1. KuCoin Spot Trading Platform1.1 Crypto-to-Crypto Trading*Five new tokens get listed on KuCoin: Kusama (KSM), ROAD (ROAD), Perth Mint Gold Token (PMGT), Suterusu (SUTER), Alchemy (ACOIN).As of the end of February, a total of 213 tokens have been listed on KuCoin.*Eight new trading pairs added: TOKO/BTC, KSM/BTC, KSM/USDT, ROAD/USDT, DASH/USDT, PMGT/USDT, SUTER/USDT, ACOIN/USDT. As of the end of February, we have a total of 447 trading pairs on KuCoin.*The KuCoin Instant Exchange function is now online, helping users quickly trade at better prices across the market. The first phase of the Instant Exchange service supports BTC, ETH, LTC, BCHABC, XRP, USDT, and other mainstream currencies for an efficient one-click exchange. Meanwhile, the Instant Exchange supports large trade with no trading fees. The Instant Exchange service can help users trade faster at a better market price. Click for details*To give back to community users, the withdrawal fee for BTC, ETH, BCH, LTC and some ERC20 tokens has been reduced. Click for details*To satisfy the project recommendation requirements of the community users as well as promote and enrich the project ecosystem on KuCoin, KuCoin has launched a Voting Activity for Token Listing — PoW Mining Token Session. Click for details*ROAD (ROAD) trading competition: 681,819 ROAD to give away! Click for details*Suterusu (SUTER) listing campaign: 7,400,000 SUTER to give away! Click for details*ARCS (ARX) net buying competition: 100,000 ARX to give away! Click for details*KuCoin has updated the projects listed in the KuCoin Plus Trading Area. Based on our comprehensive assessments, BEPRO, ARX and LSK have been promoted to the KuCoin Plus Trading Area. DAG, SNX, and MXW have been moved back into the Main Market. Click for details*The following blockchain activities were supported: Harmony (ONE) MainNet token swap, Walton (WTC) MainNet token swap, Insolar (INS) MainNet token swap, BSV hard fork upgrade, Telcoin (TEL) contract upgrade, RChain (RHOC) token swap and AION hard fork upgrade.*Decred Soft Staking official rules — cashback investment program for Decred (DCR) holding. Click for details*LUNA Soft Staking official rules — cashback investment program for (Terra) LUNA holding. Click for details1.2 Margin Trading*KuCoin Margin Trading has added ZEC, XTZ, DASH and ETC assets. As of the end of February, we have supported margin trading service for 15 assets.*KuCoin Margin Trading has added ZEC/BTC, ZEC/USDT, XTZ/BTC, XTZ/USDT, DASH/BTC, DASH/USDT, ETC/BTC and ETC/USDT trading pairs. As of the end of February, we have a total of 35 margin trading pairs.*KuCoin Margin Trading has launched an ultra-low interest borrowing activity. Borrow with zero interest for new leverage or borrow with ultra-low interest for USDT. For the Margin Trading Competition, the top 20 users with the highest leveraged transaction amounts will be able to get a 90% discount on the lending rate to borrow USDT for one month. Click for details1.3 Fiat Gateways*KuCoin supports purchase of crypto with 22 fiat currencies: USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND, IDR, CAD, ZAR, NZD, HUF, ILS, PLN, SEK, CHF, CZK, DKK, and NOK. Click for details2. Pool-X: PoS Mining Pool*Pool-X has launched another time-limited staking campaign with the following products: TRX-60, TOMO-30, WAN-30, VSYS-30 and EOSC-90. During the staking period, in addition to the staking benefits of each project, users can also get a share of the 250,000 POL mining rewards every day! Click for details*POL LockDrop Special Rounds: All users are able to obtain a reserved share of POL by locking up BTC, ETH, KCS and TRX on KuCoin. Click for details3. KCS Updates*KCS Team completes the 9th Quarterly (Q4 2019) KCS Burn and has executed the 513,100 KCS burn. Current KCS circulating supply is 81,850,451 KCS and current KCS total supply is 171,850,451 KCS. Click for details4. Technical & Commercial Updates*To provide a new and better trading experience for users, KuCoin has now launched the technical support channel. Users can contact and consult our technical engineers by sending an email to: tech-support@kucoin.com. This will solve the various problems encountered by users in the process of using KuCoin products faster and more effectively. Our technical engineer will reply and assist users directly to find the optimal solution to improve the user experience.*In order to help market makers on FCoin to better overcome the difficult situations, KuCoin has launched the FCoin market maker support program of up to 50 million US dollars. Click for details*KuCoin has completed a system upgrade to provide you with a more stable trading system.Join KuCoin Global Communities to get the latest updates about KuCoin.KuCoin Monthly Report February 2020: Welcome to the Cloud Era was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 03. 03

KuCoin Weekly Report #77–2/...

KuCoin NewsKuCoin Launches The Instant Exchange: Enjoy Large Trades With Zero Trading Feeshttps://www.kucoin.com/news/en-kucoin-launches-the-instant-exchange-functionKuCoin Margin Trade Adds ZEC, XTZ, DASH, ETC Assets and Trading Pairshttps://www.kucoin.com/news/en-kucoin-margin-trade-adds-zec-xtz-dash-etc-assets-and-trading-pairsBorrow With Ultra-Low Interest for Leverage Activity Is Coming!https://www.kucoin.com/news/en-borrow-with-ultra-low-interest-for-leverage-activity-is-comingListed ProjectsAlchemy (ACOIN) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-acoin-gets-listed-on-kucoinVerasity (VRAB) Gets Listed on KuCoin!https://www.kucoin.com/news/en-verasity-vrab-gets-listed-on-kucoinCampaigns & PromosSuterusu (SUTER) Listing Campaign: 7,400,000 SUTER to Give Away!https://www.kucoin.com/news/en-suterusu-listing-campaignKuCoin Token Listing Voting Activity for PoW Projects: Community Voting Resultshttps://www.kucoin.com/news/en-kucoin-token-listing-voting-activity-for-pow-projects-community-voting-resultsTech UpdatesLUNA Soft Staking Official Rules — Cash Back Investment Program for LUNA Holdinghttps://www.kucoin.com/news/en-luna-soft-staking-official-rulesKuCoin Token Swap of Walton (WTC) Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-token-swap-of-wtc-completeKuCoin Delisting of Hacken (HKN) Projecthttps://www.kucoin.com/news/en-kucoin-delisting-of-hkn-projectCS Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-cs-deposit-and-withdrawal-services-now-open-0229Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #77–2/3/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 03. 02

KuCoin Announces Instant Ex...

KuCoin, an IDG-backed global crypto exchange, today announces the Instant Exchange service, allowing instant crypto transaction service for BTC, ETH, LTC, XRP, BCHABC, and USDT.KuCoin Instant Exchange service is developed by KuCoin and a top quantitative market maker of the Chicago Mercantile Exchange (CME). After a user submits an order, KuCoin and its partner will find the optimal exchange rate in the global market and make an immediate settlement.Compared with traditional crypto-to-crypto trading, Instant Exchange has many advantages, including the fastest transaction that can be completed in 1 second and support of large orders, which will not cause large price fluctuations in KuCoin’s spot market. In addition, the price shown on the service page will be the final transaction price, meaning that there is no transaction fee, which can greatly improve transaction efficiency and reduce transaction costs.Johnny Lyu, co-founder of KuCoin, said: “As ‘The People’s Exchange’, KuCoin has been committed to providing users with secure, simple and convenient trading experience, so that more people can embrace the blockchain and crypto world. The Instant Exchange service is a bold attempt for KuCoin, which can help users complete the optimal transaction in the shortest time”.Founded in September 2017, KuCoin has grown into one of the most popular crypto exchanges, and it currently provides a series of financial services like fiat-to-crypto, crypto-to-crypto, futures, staking, borrowing, token launch and more to its 5 million users across 207 countries and regions around the world. One out of four crypto holders worldwide are with KuCoin.KuCoin Announces Instant Exchange Service, Allowing Crypto Transaction in Seconds was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 02. 26

KuCoin Weekly Report #76–25...

KuCoin NewsFinal Chance Before POL Listing! POL LockDrop Special Rounds Are Coming!https://www.kucoin.com/news/en-final-chance-before-pol-listing-pol-lockdrop-special-rounds-are-comingKuCoin Supports Purchase Crypto With 22 Fiat Currencies!https://www.kucoin.com/news/en-kucoin-supports-purchase-crypto-with-22-fiat-currenciesKuCoin Adds Support for Purchasing Crypto With 4 Fiat Currencieshttps://www.kucoin.com/news/en-kucoin-adds-support-for-purchasing-crypto-with-4-fiat-currenciesKuCoin Adds Support for Purchasing Crypto With 4 Fiat Currencieshttps://www.kucoin.com/news/en-kucoin-adds-support-for-purchasing-crypto-with-4-fiat-currencies-0222Listed ProjectsInfiniGold’s Perth Mint Gold Token (PMGT) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-pmgt-gets-listed-on-kucoinSuterusu (SUTER) Gets Listed on KuCoin!https://www.kucoin.com/news/en-suter-gets-listed-on-kucoinCampaigns & PromosKuCoin Token Listing Voting Activity for PoW Projects: Community Voting Roundhttps://www.kucoin.com/news/en-kucoin-token-listing-voting-activity-for-pow-projects-0224Tech UpdatesKuCoin Adds the DASH/USDT Trading Pairhttps://www.kucoin.com/news/en-kucoin-adds-the-dash-usdt-trading-pairJanuary EMOGI (LOL) Airdrop Distribution for IOST Holders Completedhttps://www.kucoin.com/news/en-january-lol-airdrop-distribution-for-iost-holders-completedKuCoin Token Swap of Harmony (ONE) Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-token-swap-of-harmony-one-completeKuCoin Update of Projects Listed in the KuCoin Plus Trading Areahttps://www.kucoin.com/news/en-kucoin-plus-trading-area-200224Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #76–25/2/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 02. 25

KuCoin’s PoS Mining Platfor...

Pool-X, the next generation POS mining platform supporting lockup crypto transactions backed by KuCoin, today announced the POL LockDrop Activity Special Rounds, which will start on February 28, 2020.There are a total of 4 different sessions of LockDrop Special Rounds including BTC session, ETH session, KCS session, and TRX sessions. For every session, users are able to lock up BTC, ETH, KCS or TRX on KuCoin and will be able to receive corresponding POL shares according to the lock-up amount. This part of the POL share will be taken from 8% of the Budget System that was referred to in the POL whitepaper, and a total of 80 million POL will be distributed throughout the campaign.After the POL/USDT pair gets listed on KuCoin, 20% of the reserved POL will be made available for users. The remaining 80% of the reserved POL can be acquired by participating in the business of the Pool-X platform. Also, users can accelerate the release process of reserved POL shares by inviting new users to stake on Pool-X or by participating in Net Buying.“Pool-X’s LockDrop activity will further contribute to the liquidity of POL and benefit the upcoming listing of POL token.” Johnny Lyu, co-founder of KuCoin said, “The LockDrop will be a win-win for the platform and all KuCoin users, as investors can make direct profits by participating in the LockDrop, while Pool-X could promote itself and grow its holder base, leading to the prosperity of the POS mining pool as a result.”Pool-X was officially released in August 2019 as a PoS mining platform incubated and independently operated by the KuCoin team. By supporting lockup-crypto transactions, it aims to stimulate the future development of the PoS ecosystem. Services offered by Pool-X include, but are not limited to, Liquidity Trading Market, Node Supermarket, and operational solutions.POL (Proof Of Liquidity) is a decentralized zero-reservation credit issued by the Pool-X mining platform and is based on TRON’s TRC-20 protocol. They have a total supply of 1 billion. POL serves the role of credits for Pool-X, helping to record the flow of liquidity certificates and working as the payment method for liquidity bids. Ultimately, POL was created to cope with the inadequate liquidity of staked crypto assets. Due to their nature, zero reservations of POL are to be provided to the team or any individual upfront.KuCoin’s PoS Mining Platform Pool-X Launches Pre-listing LockDrop Activity was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 02. 25

KuCoin Weekly Report #75–20...

Simplex Trading Function UpdatesKUCOIN Adds Support for Russian Ruble (RUB)https://www.kucoin.com/news/en-kucoin-adds-suppotts-for-russian-rubleKUCOIN Adds Support for Australian Dollar (AUD)https://www.kucoin.com/news/en-kucoin-adds-support-for-australian-dollar-audKUCOIN Adds Support for South Korean Won (KRW)https://www.kucoin.com/news/en-kucoin-adds-support-for-south-korean-won-krwKUCOIN Adds Support for Turkish lira (TRY)https://www.kucoin.com/news/en-kucoin-adds-support-for-turkish-lira-tryKuCoin Adds Support for Japanese yen (JPY)https://www.kucoin.com/news/en-kucoin-adds-support-for-japanese-yen-jpyKuCoin Adds Support for Canadian dollar (CAD)https://www.kucoin.com/news/en-kucoin-adds-support-for-canadian-dollar-cadKuCoin Adds Support for South African rand (ZAR) and New Zealand dollar (NZD)https://www.kucoin.com/news/en-kucoin-adds-support-for-zar-and-nzdKuCoin NewsKuCoin Launches A Token Listing Voting Activity for PoW Projectshttps://www.kucoin.com/news/en-kucoin-launches-a-token-listing-voting-activity-for-pow-projectsKuCoin Launches FCoin Market Maker Support Program of Up To 50 Million USDhttps://www.kucoin.com/news/en-kucoin-activity-0218KuCloud: One-stop Exchange Solution, Zero-cost for Early Birdshttps://www.kucoin.com/news/en-kucloud-one-stop-exchange-solution-zero-cost-for-early-birdsAnnouncement of Termination of KuCoinPlay Serviceshttps://www.kucoin.com/news/en-announcement-of-termination-of-kucoinplay-servicesSolutions for KuCoinPlay Related Activitieshttps://www.kucoin.com/news/en-solutions-for-kucoinplay-related-activitiesComplete Explanation on the Recent Changes of KuCoinPlay and 1 Million Giveaway Campaignhttps://www.kucoin.com/news/en-complete-explanation-on-the-recent-changes-of-kucoinplay-and-1-million-giveaway-campaignKuCoin Implements Community Improvements to Aim for Larger Marketshttps://www.kucoin.com/news/en-kucoin-implements-community-improvements-to-aim-for-larger-marketsListed ProjectKusama (KSM) Gets Listed on KUCOIN!https://www.kucoin.com/news/en-ksm-gets-listed-on-kucoinROAD (ROAD) Gets Listed on KuCoin!https://www.kucoin.com/news/en-road-gets-listed-on-kucoinCampaigns & PromosROAD (ROAD) Trading Competition: 681,819 ROAD to Give Away!https://www.kucoin.com/news/en-road-trading-competitionARCS (ARX) Net Buying Competition: 100,000 ARX to Give Away!https://www.kucoin.com/news/en-arx-net-buying-competitionGet Ready for Staking New Products on Pool-X?https://www.kucoin.com/news/en-get-ready-for-staking-new-products-on-pool-xTech UpdatesAnnouncement Regarding the Official Launch of Pool-X and Adjustment of ATOM’s APRhttps://www.kucoin.com/news/en-announcement-regarding-the-official-launch-of-pool-x-and-adjustment-of-atom-aprKUCOIN Launches The Technical Support Channel To Help Users Find The Solutionhttps://www.kucoin.com/news/en-kucoin-launches-the-technical-support-channel-to-help-users-find-the-solutionFebruary BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-february-btt-airdrop-distribution-for-trx-holders-completedDecred Soft Staking Official Rules — Cash Back Investment Program for Decred DCR Holdinghttps://www.kucoin.com/news/en-decred-soft-staking-official-rulesKuCoin Will Start the Harmony (ONE) MainNet Token Swaphttps://www.kucoin.com/news/en-kucoin-will-start-the-harmony-one-main-token-swapJanuary ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-january-ong-distribution-for-ont-holders-completedJanuary VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-january-vtho-distribution-for-vet-holders-completedFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/kucoinrussianofficialSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/kucoinvietnameseofficialTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/kucoinitalianofficialIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #75–20/2/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 02. 20

KuCoin Announces One-stop E...

KuCoin, an IDG-backed global crypto exchange, today announces the debut of its one-stop cryptocurrency trading platform solution product — KuCloud.KuCloud now offers two products named XCoin and XMEX, and is able to deliver the key functionalities of KuCoin Spot platform and KuMEX Futures platform, including world-class architecture, risk-management system, high market depth & liquidity, all-around customer support and more.With the top-tier white-label solution offered by KuCloud, partners will be able to set up their own crypto exchange in 72 hours in their local market with features ranging from spot trading, margin trading, staking, fiat gateway to up to 150x leverage futures trading. In addition, thanks to the high scalability of the KuCoin architecture, KuCloud can also customize its offering on the basis of the partners’ needs.“The idea of KuCloud started in 2018 as a concept called ‘subnets’, with which we intended to give our exchange a powerful advantage when expanding into new markets since each new exchange can act as a separate entity”, said Johnny Lyu, co-founder of KuCoin. “ Now we go one step further and upgrade the ‘subnets’ to KuCloud, eliminating the difficulties and hassle of opening a crypto exchange, allowing all our partners to build crypto-related platforms with us to contribute to the liquidity and mass adoption of crypto.”To celebrate the new arrival, KuCloud is now offering an early bird privilege of zero-cost to launch crypto exchange, aiming to save future fellow exchange operators million-dollar R&D input and months of time cost, which will ultimately fuel a corner overtaking on this very racing track.You can learn more about KuCloud through www.kucloud.me, or email business@kucloud.me for further information.About KuCloudKuCloud is an advanced white-label solution offered by KuCoin Group. Standing on KuCoin’s shoulder, KuCloud fully utilize the Group’s solid independent R&D capacity, provides partners with world-class, secure, scalable and high-liquidity infrastructure technology of crypto spot and futures exchange, shoring partners to better leverage its commercial and operational edges to achieve greater good. Further information is available at www.kucloud.me.KuCoin Announces One-stop Exchange Solution KuCloud was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 02. 20

KuCoinPlay Rebrands To WinP...

We are re-branding KuCoinPlay platform to winplay.app so that we can offer its value to all users (and projects) beyond just KuCoin’s ecosystem.Since our objective is and has always been crypto mass adoption, we feel it is extremely important to be able to allow all crypto related projects (whether listed on KuCoin or now) to participate. This will also allow us to better attract non-crypto businesses and incentive their users to join the block-chain revolution.All actions on the platform will continue as normal, the only visible change for users will be the domain name and the logos on the website. There won’t be any real change for existing participants, we are only seeking to be able to engage users and businesses outside of the cryptosphere so we can accelerate mass adoption.Why Are We Doing This?We have been taken back by the huge influx of users and participants to our new platform, the software has faced scaling issues so we want to work on bettering the user experience and stabilizing the platform for further growth as a separate entity. We certainly don’t want to lose the momentum, especially now that markets are rebounding and people are paying a lot of attention to crypto.We also aim to separate the communities of the exchange and the viral platform in order to maintain conversations about exchange services and KuCoinPlay/WinPlay services separate. All KuCoinPlay social media channels will remain active and all KuCoin Exchange centric campaigns will be shared there, for any other campaigns not based around KuCoin exchange we will utilize the following channels:TG Announcements: https://t.me/WinPlayAppTwitter: https://twitter.com/WinPlayAppFB Page: https://facebook.com/WinPlayApp/The support email support@kucoinplay.com will remain active but we will forward requests and reply from support@winplay.app. We suggest to users who need to send new support requests to start using support@winplay.app moving forward.If you are a project who wants to grow your user base we invite you personally to get in contact with us. Even if you represent a business with a digital product that is not related to blockchain, get in touch with us!The main driving force behind creating this tool was to bring blockchain to new levels of adoption, it’s now time to get to work!KuCoinPlay Rebrands To WinPlay.App For The Sake Of Mass Adoption was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 02. 12

KuCoin Weekly Report #74–10...

KuCoin NewsPool-X Will Delist Trading Orders of KCS-30, TRX-30, and XTZ-30https://www.kucoin.com/news/en-pool-x-will-delist-trading-orders-of-kcs-trx-and-xtzCampaigns & PromosKuMEX Valentine’s Carnival: Retweet and Gain Up to $200 BTC Every Dayhttps://www.kucoin.com/news/en-kumex-valentine-carnival-retweet-and-gain-up-to-btc-every-dayPool-X Trading Activity Rewards Distributedhttps://www.kucoin.com/news/en-pool-x-trading-activity-rewards-distributedTech UpdatesKuCoin Will Support the RChain (RHOC) Token Swaphttps://www.kucoin.com/news/en-kucoin-will-support-the-rhoc-token-swapDERO Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-dero-deposit-and-withdrawal-services-now-openKuCoin Hard Fork Upgrade of BSV Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-hard-fork-upgrade-of-bsv-completeAnnouncement Regarding the MainNet Token Swap of Insolar (INS)https://www.kucoin.com/news/en-announcement-regarding-the-mainnet-token-swap-of-insKuCoin Has Completed the Telcoin (TEL) Contract Upgradehttps://www.kucoin.com/news/en-kucoin-has-completed-the-tel-contract-upgradeKuCoin Will Add the TOKO/BTC Trading Pairhttps://www.kucoin.com/news/en-kucoin-will-add-the-toko-btc-trading-pairKuCoin Hard Fork Upgrade of AION Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-hard-fork-upgrade-of-aion-completeFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #74–10/2/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 02. 11

KuCoin Weekly Report #73–3/...

KuCoin NewsStart Trading on the Pool-X Trading Market and ‘Free’ Your Locked-up Assets Anytime!https://www.kucoin.com/news/en-start-trading-on-the-pool-x-trading-marketMargin Trading is Now Available on the KuCoin Apphttps://www.kucoin.com/news/en-margin-trading-is-now-available-on-the-kucoin-app-200121KCS Team Completes 9th Quarterly (Q4 2019) KCS Burnhttps://www.kucoin.com/news/en-kcs-team-completes-9th-quarterly-kcs-burnWithdrawal Fee for Some Tokens Reducedhttps://www.kucoin.com/news/en-withdrawal-fee-for-some-tokens-reducedCampaigns & PromosDeposit TRC20-USDT to Earn 40% APR Rewards Distributedhttps://www.kucoin.com/news/en-deposit-trc20-usdt-to-earn-rewards-distributedTokoin (TOKO) Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-toko-trading-competition-rewards-distributed-200124Margin Trading Fee Refund Campaign Rewards Distributedhttps://www.kucoin.com/news/en-margin-trading-fee-refund-campaign-rewards-distributedBEPRO Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-bepro-trading-competition-rewards-distributed-200202KuCoin BlogKuCoinPlay By The Numbers: What We Have Accomplished So Far and What The Future Has In Store For Our Viral Platformhttps://kucoinblog.com/kucoinplay-by-the-numbers/Tech UpdatesDecember VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-december-vtho-distribution-for-vet-holders-completedDecember ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-december-ong-distribution-for-ont-holders-completedKuCoin Will Support The BSV Hard Fork Upgrade.https://www.kucoin.com/news/en-kucoin-will-support-the-bsv-hard-fork-upgradeKuCoin Will Start the Insolar (INS) MainNet Token Swaphttps://www.kucoin.com/news/en-kucoin-will-start-the-ins-mainnet-token-swapJanuary WIN Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-january-win-airdrop-distribution-for-trx-holders-completed-200203KuMEX Sandbox Trading System Maintenance Noticehttps://www.kucoin.com/news/en-kumex-sandbox-trading-system-maintenance-noticeFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #73–3/2/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 02. 04

KuCoin Weekly Report #72–19...

KuCoin NewsKuCoin Margin Trade Adds ADA, ATOM, TRX, BCHABC and BSV Assets and Trading Pairshttps://www.kucoin.com/news/en-kucoin-margin-trade-adds-assets-and-trading-pairsAdjustment to the Borrow with Zero Interest for Leverage on KuCoin Margin Trading Activityhttps://www.kucoin.com/news/en-adjustment-to-the-borrow-with-zero-interest-for-leverage-on-kucoin-margin-trading-activityFast Buy Service Has Been Released on KuCoinhttps://www.kucoin.com/news/en-fast-buy-service-has-been-released-on-kucoinCampaigns & PromosVerasity (VRA) Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-vra-trading-competition-rewards-distributedKuCoin BlogKuCoinPlay 1M USDT Giveaway FAQshttps://kucoinblog.com/kucoinplay-1m-usdt-giveaway-faqs/How Do Atomic Swaps Work?https://kucoinblog.com/how-do-atomic-swaps-work/Tech UpdatesJanuary BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-january-btt-airdrop-distribution-for-trx-holders-completedDERO Deposits and Withdrawals Temporarily Closedhttps://www.kucoin.com/news/en-dero-deposits-and-withdrawals-temporarily-closedKuCoin MainNet Swap of CS Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-swap-of-cs-complete-0119November EMOGI (LOL) Airdrop Distribution for IOST Holders Completedhttps://www.kucoin.com/news/en-november-lol-airdrop-distribution-for-iost-holders-completedDecember EMOGI (LOL) Airdrop Distribution for IOST Holders Completedhttps://www.kucoin.com/news/en-december-lol-airdrop-distribution-for-iost-holders-completedTRTL Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-trtl-deposit-and-withdrawal-services-now-open-0119Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #72–19/1/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

20. 01. 21

KuCoin’s PoS Mining Platfor...

Pool-X, the next generation POS mining platform supporting lockup crypto transactions backed by KuCoin, today announced the launch of its Liquidity Trading Market. The market allows users to buy and sell staked digital assets, bringing more flexibility and liquidity to the staking economy. To celebrate the launch of the liquidity market on Pool-X, it will be running an activity where participants can get a share of 5,000 USDT.The PoS (Proof of Stake) consensus algorithm was established in 2012 and has been developing rapidly in recent years. In 2019, the market cap of PoS tokens (excluding BTC) accounted for around 25% of the total market cap and is anticipated to reach 90% in the future. While PoS is becoming increasingly mainstream, there are many factors that could stop people from staking, and the liquidity risk during the staking period is one such factor.Take ATOM, one of the most popular PoS tokens, as an example. On most staking platforms, to earn staking rewards, ATOM must be delegated to a validator. In order to transfer ATOM once it has been delegated, it must first undergo a 21-day “unbonding” period. This means that if the user wished to trade ATOM, they would have to first unbond them and wait three weeks before trading. Given the high volatility in the crypto world, these traders would suffer if a dump in the token price occurs during the unbonding period, as they would be unable to respond. It is for situations such as this that Pool-X has developed the Liquidity Trading Market.Through Pool-X’s Liquidity Trading Market, users will be able to trade their staked assets with their non-staked, tradable counterparts, paying a certain amount of POL for the trading fee. Say you have chosen “TRX-30 Days” on Pool-X and you want to sell the staked tokens when there are still 20 days left to maturity. What you can do is to sell the staked TRX in the Liquidity Market, pay some POL as the trading fee and get the same amount of unstaked TRX that is immediately tradable.“We firmly believe in the future of PoS and the staking economy, though there are currently many pain points that hinder the popularity of staking, including a high barrier of entry and the associated risks like the liquidity risk, to name a few.” Johnny Lyu, co-founder of KuCoin, commented, “The goal of Pool-X is to bring liquidity to the PoS and staking markets, and the Liquidity Trading Market we launch today is a great move in that direction. When people realize that they can enjoy both staking rewards and high liquidity in one place, a boom in the staking economy can be expected.”Pool-X was officially released in August 2019 as a PoS mining platform incubated and independently operated by the KuCoin team. By supporting lockup-crypto transactions, it aims to stimulate the future development of the PoS ecosystem. Services offered by Pool-X include, but are not limited to, a Liquidity Trading Market, Node Supermarket, and operational solutions. POL (Proof Of Liquidity) is a decentralized zero-reservation credit issued by the Pool-X mining platform and is based on TRON’s TRC-20 protocol. They have a total supply of 1 billion. POL serves the role of credits for Pool-X, helping to record the flow of liquidity certificates and working as the payment method for liquidity bids. Ultimately, POL was created to cope with the inadequate liquidity of staked crypto assets. Due to their nature, zero reservations of POL are to be provided to the team or any individual upfront.KuCoin’s PoS Mining Platform Pool-X Launches the World’s First Liquidity Trading Market was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 01. 21

KuCoin Weekly Report #71–11...

KuCoin NewsDay One Ranking — TOP 20 POL Miners of Pool-Xhttps://www.kucoin.com/news/en-day-one-ranking-top-20-pol-miners-of-pool-xThe APR of TRX, XTZ and ATOM All Raised to 12% on Pool-X!https://www.kucoin.com/news/en-the-apr-of-trx-xtz-and-atom-all-raised-to-12-on-pool-xKuMEX Lite Has Been Releasedhttps://www.kucoin.com/news/en-kumex-lite-has-been-releasedCampaigns & PromosKuCoin x BitUniverse — Tokoin (TOKO) Trading Competition : 30,000 USDT to Give Awayhttps://www.kucoin.com/news/en-kucoin-bituniverse-tokoin-trading-competitionNew Gunbot Users Will Enjoy a 50% Discount on The Co-Branded Gunbot KuCoin Editionhttps://www.kucoin.com/news/en-new-gunbot-users-will-enjoy-a-discount-on-the-co-branded-gunbot-kucoin-editionCome and Stake on Pool-X BETA to Get Double Rewards!https://www.kucoin.com/news/en-come-and-stake-on-pool-x-beta-to-get-double-rewardsTech UpdatesKuCoin MainNet Swap of IOTX Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-swap-of-iotx-completeKuCoin Token Swap of CPChain (CPC) Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-token-swap-of-cpc-completeEDGE Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-edge-deposit-and-withdrawal-services-now-openFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #71–11/1/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 01. 13

KuCoin’s Futures Platform K...

KuMEX, the Bitcoin futures platform developed by KuCoin, today announced the launch of a Lite version, which not only focuses on core trading experience by simplifying the overall interface, but also provides analytic tools such as a long-short ratio and revenue calculator to help newcomers to the crypto futures market better predict market trends and improve their investment strategies.KuMEX Lite introduces three major simplifications. The first is the market interface, which is simplified by switching from candlestick charts to line charts. At the same time, the order book and recent trades of KuMEX have been hidden, making the overall interface more concise.The second difference is the trading interface. On KuMEX Lite, users just need to input the order amount, then decide on the leverage and long/short to place an order. In addition, what they input for each order is the amount of money rather than the number of slots, making it more friendly for novice traders.The third change is the advent of analytic tools. KuMEX Lite provides a long-short ratio to help users understand the latest market sentiments. It also provides a revenue calculator to help calculate the return with different principals, leverages and strategies. In addition, revenue ranking on KuMEX Lite can provide insights regarding other traders’ strategies and ROI, resulting in a more advanced trading strategy.KuCoin CEO Michael Gan said, “Due to the high risk and complexity of Bitcoin futures trading, currently only a few professional investors have been involved. In the crypto world, the transaction volume of derivatives is only about half that of the spot market, but in the traditional finance world, derivatives have always been a bigger market than the stock market. KuCoin has always wanted to launch a simple, secure, and accessible futures platform for everyone, and KuMEX Lite is our very courageous attempt at this. Through many innovations, we hope to empower more traders to give Bitcoin futures a try, maximizing their investment returns.”KuMEX users now can freely switch between the Lite version and the Pro version. The two versions will share the market depth and liquidity. The matching engine of KuMEX will ensure a consistent, secure and stable trading experience across the two versions.KuMEX was independently developed by the KuCoin team and officially launched on July 8, 2019. In order to introduce Bitcoin futures to more people, the Bitcoin Perpetual Contract on KuMEX has a value of 1 USD, while most platforms are usually 100 USD. Also, KuMEX offers 0 fee for Makers, encouraging users to provide liquidity to the platform through making the market. KuMEX currently supports 13 languages ​​including English, Chinese, Russian, Vietnamese, Turkish, etc.KuCoin’s Futures Platform KuMEX Launches a Lite Version was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 01. 08

KuCoin’s PoS Mining Platfor...

Pool-X, the next generation POS mining platform supporting lockup crypto transactions backed by KuCoin, today announced the launch of its BETA version and the opening of the Staking function. The first four staking products include KCS-30, TRX-30, XTZ-30, and ATOM-Flexible. In addition to receiving Staking rewards, participating users can also get a share of 250,000 POL every day.According to the Staking rules announced by Pool-X, the activity is valid from January 8 to January 12. Unlike other Staking providers, Pool-X pioneered the double-income model of staking. During the staking period, the annual rate of KCS-30, TRX-30, XTZ-30, and ATOM-Flexible are expected to be 12%, 8%, 3%, and 8.5%. Meanwhile, users will also receive POL tokens as rewards, with a total of 250,000 POL to be shared every day.Pool-X was officially launched in August 2019 and is a PoS mining platform incubated and independently operated by the KuCoin team. By supporting lockup-crypto transactions, it aims to stimulate the future development of the PoS ecosystem. Services offered by Pool-X include, but are not limited to, a Liquidity Trading Market, Node Supermarket, and operational solutions. Currently, the Node Supermarket, Liquidity Trading Market and other functions have been developed and are under internal testing. POL (Proof Of Liquidity) is a decentralized zero-reservation credit issued by the Pool-X mining platform and is based on TRON’s TRC-20 protocol. They have a total supply of 1 billion. POL serves the role of credits for Pool-X, helping to record the flow of liquidity certificates and working as the payment method for liquidity bids. Ultimately, POL was created to cope with the inadequate liquidity of staked crypto assets. Due to their nature, zero reservations of POL are to be provided to the team or any individual upfront.KuCoin’s PoS Mining Platform Pool-X Launches BETA Version with Staking Service was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 01. 08

KuCoin Weekly Report #70–5/...

KuCoin NewsIntroducing KuCoin LockUPhttps://www.kucoin.com/news/en-introducing-kucoin-lockupIntroducing Alchemy Coin (ACOIN) on KuCoin LockUPhttps://www.kucoin.com/news/en-introducing-alchemy-coin-on-kucoin-lockupCampaigns & PromosMake Your First Margin Trade and Get a New Year’s Gift!https://www.kucoin.com/news/en-make-your-first-margin-trade-and-get-a-new-year-giftDeposit TRC20-USDT to Earn 40% APR and Win 20,000 TRC20-USDT!https://www.kucoin.com/news/en-deposit-trc20-usdt-to-earn-apr-and-win-20000-trc20-usdtBuy Crypto with Credit Card and Get a Christmas Gift Campaign Rewards Distributedhttps://www.kucoin.com/news/en-buy-crypto-with-credit-card-and-get-a-christmas-gift-campaign-rewards-distributedKuCoin BlogSolve.Care (SOLVE) Project Updates Research and Information For KuCoin Usershttps://kucoinblog.com/solve-care-solve-gets-listed-on-kucoin-further-information-and-promotion-details/Tech UpdatesKuCoin Upgrade of EDGE Complete: Trading Service Now Openhttps://www.kucoin.com/news/en-kucoin-upgrade-of-edge-completeDecember WIN Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-december-win-airdrop-distribution-for-trx-holders-completedALGO Soft Staking Official Rules — Cash Back Investment Program for ALGO (Algorand) Holdinghttps://www.kucoin.com/news/en-algo-soft-staking-official-rulesAION Soft Staking Official Rules — Cash Back Investment Program for AION Aion Holdinghttps://www.kucoin.com/news/en-aion-soft-staking-official-rulesKuCoin Will Support the IoTeX (IOTX) MainNet Upgradehttps://www.kucoin.com/news/en-kucoin-will-support-the-iotx-mainnet-upgradeFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #70–5/1/2020 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 01. 07

Ever Thought About Launchin...

It’s been a while. Sorry for coming back with a hard advertisement. No need to read it if not interested in running crypto exchange.There are a lot of verticals in the blockchain arena in which we strongly expect to see disruptive innovations that may restructure the fundamental of traditional internet and eventually reshape the life of human-being.However, only a handful seem to have viable business models, lesser are potentially profitable, even fewer are actually generating positive money flows so far.Crypto exchange is one of the very few cash cows.The backbone of this cow is obviously a solid trading engine system. But it’s technically daunting and economically costly to build a secure, efficient and full functional platform.That’s where KuCloud (provides tech solutions of KuCoin and KuMEX) stands out —with its top-tier white-label solution in exchange for your minimum input.Advanced TechnologyKuCloud offers tech solutions to build spot and derivatives trading platform covering functionalities including: high-function match-making engine (million-level TPS), multi-terminal supports like web-socket and API, level-3 data push, various order types, as well as operation-related features such as multi-language (14 different languages) support.Instant DeploymentFirst mover advantage can be critical in competing local rivals, especially in a smaller market. KuCloud can significantly help with that by launching an exchange in less than 72 hours.Adequate LiquidityUnder the circumstances that you lag behind the competitors in terms of timetable, another edge may distinguish your exchange — higher depth of market, or better liquidity. With expertise in liquidity provision and well-networked with professional market value management institutions, liquidity is the last thing to worry about.Dedicated ServiceOne designated coordinator will be following up the process starting the effective date of contract. This 24/7 dedicated team member will act as the hub, making sure clients’ demands being satisfied most efficiently and properly.Cost FreeThe first step is always the hardest, both technically and financially. The white-label provider would like to minimize the difficulty by setting the slimmest upfront fee and literally zero maintenance fee, which usually is charged on monthly/annually basis beforehand.Doing market research will lead to an observation that some white-label providers charge a fortune. No judgement, as everyone understands it’s a valuable intellectual property. But KuCloud takes different approach, it “invests” in the clients’ future — fostering when it’s little, facilitating when it’s growing, and enjoying prosperity together.This is it, a brief introduction of KuCloud services and products. Hope it also inspires dream chasers in the new cryptocurrency era. Don’t hesitate, seize the once-in-a-lifetime chance with KuCloud’s assistance.In return, it only asks for your trust.For details please contact business@kucoin.comEver Thought About Launching Exchange With a Finger Snap? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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20. 01. 02

KuCoin Weekly Report #69–29...

KuCoin NewsKuCoin and Bitsonic Strategic Partnershiphttps://www.kucoin.com/news/en-kucoin-and-bitsonic-strategic-partnershipMerry Christmas! Borrow with Zero Interest for Leverage on KuCoin Margin Tradinghttps://www.kucoin.com/news/en-borrow-with-zero-interest-for-leverageListed ProjectsThe Third Round of KuCoin Selection Has Concludedhttps://www.kucoin.com/news/en-the-third-round-of-kucoin-selection-concludedCampaigns & PromosVerasity (VRA) Trading Competition, 50,000,000 VRA to Give Away!https://www.kucoin.com/news/en-verasity-vra-trading-competitionBuy Crypto with Credit Card and Get a Christmas Gift!https://www.kucoin.com/news/en-buy-crypto-with-credit-card-and-get-a-christmas-giftNewscrypto (NWC) Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-nwc-trading-competition-rewards-distributedVRA Selection Program Rewards Distributedhttps://www.kucoin.com/news/en-vra-selection-program-rewards-distributedBetProtocol (BEPRO) Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-bepro-trading-competition-rewards-distributedTech UpdatesKuCoin MainNet Swap of Travala.com (AVA) Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-swap-of-ava-completeNovember ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-november-ong-distribution-for-ont-holders-completed-1223November VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-november-vtho-distribution-for-vet-holders-completed-1223KuCoin Update of Projects Listed in the KuCoin Plus Trading Areahttps://www.kucoin.com/news/en-kucoin-plus-trading-area-191224KuCoin Will Start the CPChain (CPC) MainNet Token Swaphttps://www.kucoin.com/news/en-kucoin-will-start-the-cpchain-cpc-mainnet-token-swapKuCoin MainNet Swap of Credits (CS) Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-swap-of-cs-completeKuCoin Will Delist the AMIO/BTC Trading Pairhttps://www.kucoin.com/news/en-kucoin-will-delist-the-amio-btc-trading-pairKuMEX Is Now Available in Portuguesehttps://www.kucoin.com/news/en-kumex-is-now-available-in-portugueseKuMEX Is Now Available in Italianhttps://www.kucoin.com/news/en-kumex-is-now-available-in-italianKuMEX Is Now Available in Chinese Traditionalhttps://www.kucoin.com/news/en-kumex-is-now-available-in-chinese-traditionalEDGE Project Upgrade Noticehttps://www.kucoin.com/news/en-edge-project-upgrade-noticeFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #69–29/12/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 12. 30

KuCoin Weekly Report #68–22...

KuCoin NewsKuCoin AMA Series — ARCS — Full Transcripthttps://www.kucoin.com/news/en-kucoin-ama-series-arcs-full-transcriptBorrow with Ultra-Low Interest for Leverage on KuCoin Margin Tradinghttps://www.kucoin.com/news/en-borrow-with-ultra-low-interest-for-leverage-on-kucoin-margin-tradingKuCoin Adds Margin Trading for KCShttps://www.kucoin.com/news/en-kucoin-adds-margin-trading-for-kcsIntroducing Verasity (VRA) on KuCoin Selectionhttps://www.kucoin.com/news/en-introducing-vra-on-kucoin-selectionListed ProjectsNewscrypto (NWC) Gets Listed on KuCoin!https://www.kucoin.com/news/en-nwc-gets-listed-on-kucoinBetProtocol (BEPRO) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-bepro-gets-listed-on-kucoin-world-premiereCampaigns & PromosNewscrypto (NWC) Trading Competition: 884,000 NWC to Give Away!https://www.kucoin.com/news/en-nwc-trading-competitionBetProtocol (BEPRO) Trading Competition: 5,000,000 BEPRO to Give Away!https://www.kucoin.com/news/en-bepro-trading-competition40% Off Trading Fees Refund Campaign Rewards Distributedhttps://www.kucoin.com/news/en-trading-fee-refund-campaign-rewards-distributedKuCoin BlogWhat is Altseason? A Look Into Bitcoin Dominancehttps://kucoinblog.com/what-is-altseason-and-bitcoin-dominance/FortKnoxster (FKX) Project Updates & Information For KuCoin Usershttps://kucoinblog.com/fortknoxster-fkx-research-and-information-for-kucoin-users/1,000,000 USDT Will Be Given Away For KuCoinPlay’s Official Launch: 2020 Will Start With A Bang Courtesy Of KuCoin Exchangehttps://kucoinblog.com/1000000-usdt-will-be-given-away-for-kucoin-plays-official-launch-2020-will-start-with-a-bang-courtesy-of-kucoin-exchange/Tech UpdatesST: KuCoin Delisting of IUNGO (ING) Projecthttps://www.kucoin.com/news/en-st-kucoin-delisting-of-ing-projectLUNA and SDT Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-luna-and-sdt-deposit-and-withdrawal-services-now-openKuMEX Perpetual Contract Increases Maximum Leverage to 100xhttps://www.kucoin.com/news/en-kumex-perpetual-contract-increases-maximum-leverage-to-100xKuMEX Is Now Available in Spanishhttps://www.kucoin.com/news/en-kumex-is-now-available-in-spanishAdjustment to the Borrow with Ultra-Low Interest for Leverage on KuCoin Margin Trading Activityhttps://www.kucoin.com/news/en-adjustment-to-the-borrow-with-ultra-low-interest-for-leverageKuCoin Suspends CS Deposit and Withdrawal Serviceshttps://www.kucoin.com/news/en-kucoin-suspends-cs-deposit-and-withdrawal-servicesFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #68–22/12/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 12. 23

KuCoin Futures Platform KuM...

KuKuCoin Futures Platform KuMEX Increases Max Leverage to 100xOn December 19, 2019, KuCoin’s Futures Platform KuMEX announced that it increased its max leverage from 20x to 100x for the Bitcoin Perpetual Contract.Going forward, all KuMEX users who have completed the KYC verification process will be able to select any leverage between 0.01x and 100x. At the max leverage of 100x, a 100 USDT-equivalent collateral deposit will allow KuMEX users to hold 10,000 USDT-equivalent in BTC.Michael Gan, CEO at KuCoin, said: “We have recently started seeing emerging needs within Bitcoin futures trading from both retail traders and institutional investors. Our futures trading platform KuMEX has proved its stability and security over the last few months, and so we are happy to introduce the 100x leverage feature, which will help our users develop a more tangible trading strategy.”Officially launched on July 8, the KuMEX platform was developed by the KuCoin Team. To better manage trading risks, the Bitcoin Spot Index used by KuMEX is the volume-weighted average US dollar price of Bitcoin across six exchanges including Coinbase Pro, Bitstamp and Kraken. This helps to avoid contracts being liquidated due to large price fluctuations of just one or two spot exchanges. KuMEX also operates an Insurance Fund as well as an Auto-Deleveraging (ADL) mechanism to provide extra protection to traders.Global expansion is now one of the main focuses of KuMEX. Since its launch, it has added support for 9 languages including English, simplified Chinese, Russian, Vietnamese, Turkish, German, French, Korean and Dutch. According to Michael, several more languages will be added by the end of this year.KuCoin Futures Platform KuMEX Increases Max Leverage to 100x was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 12. 23

Recap of AMA with Michael

At 20:00 on Dec 20, 2019 (UTC+8), Michael Gan, CEO at KuCoin, attended an AMA (Ask-Me-Anything) in the KuCoin English Telegram Group. The AMA session was composed of 2 sections: 1: Answering 10 questions selected from Twitter; 2: Free Q&A with Telegram group members.Q1: Currently, the situation of exchanges hacked information and assets of users as well as the situation of scam appear more and more. What do you think about this situation and the plan? how about your exchange? (from Twitter ID: @cook_001)A1: Yes this happened more and more often and you may not know that over $1B has been lost to crypto-breaches to date. At KuCoin, security is one of our top concerns, and we have introduced plenty of security mechanism to protect our users.For instance, we worked with Boston start-up Arwen to introduced a brand-new solution — Decentralized Settlement Service (DSS)Unlike Decentralized Exchange, the Decentralized Settlement Service (DSS) powered by Arwen allows users to protect coins in on-blockchain escrows, trade instantly across coin pairs using cross-chain atomic swaps and settle trades directly to their wallet of choice. KuCoin is the first exchange to support Arwen’s secure settlement technology, and this will bring enhanced security to KuCoin users. With this service, traders no longer need to deposit coins in the exchange, even while they trade on KuCoin’s orderbook, enjoying enhanced security and high liquidity in one place.Many people have asked me if KuCoin has a fund to cover any possible losses from hacks or something. What I want to point out is 1. we do not make it a fund but we will take the initiative to cover the losses if such a terrible thing happens. 2. what we focus on is how to prevent such things from happening rather than letting it happen then doing something to make up for it.Q2: Hello I have a question, I am from Latin America and I see only Binance moving here and some other Latin American exchanges , do you guys have plans for Latin America ? Here it’s a big market for crypto. (from Twitter ID: @Sergioa33719275)A2: Yes, KuCoin is a global exchange and we have lots of users from countries like Brazil and Argentina. We’ve been in touch with some partners in the Latin America and see what we could do together. Also, we will be happy to offer fiat-to-crypto service for this continent.Q3: Most of investor just focus on the price of token in short term instead of real value of project. Can you tell us the motivation and benefits for investors to KCS for long term? (from Twitter ID: @isay0823)A3: KCS is the one and only native token of KuCoin and KuMEX, which means it is the backbone of everything. If you are holding KCS, I would say you are one of our team as you could enjoy the growth bonus of KuCoin as well.Also, there are plenty of more direct benefits of holding KCS — getting daily bonus, trading fee discount, participating Spotlight and more.In the long term, I think KCS will outform most other tokens in this market along with the sustainable growth of KuCoin.Q4: Since mass adoption blockchain increased rapidly in 2019, what Kucoin plans for the following year? (from Twitter ID: @El_Sand1)A4: We will continue to drive the mass adoption of crypto and blockchain technology. In many countries, we are working with educational institutions to conduct blockchain education.Q5: In current exchange like platforms, there is main problem is wash trading for generating volume in their platform. So, Do you have any plans to prevent wash tradings in your exchange platforms? (from Twitter ID: @maikimphuong1)A5: First I have to admit although KuCoin is one of the cleanest exchanges in the industry, we are suffering from wash trading as well. But the good thing is we have an advanced system to track suspicious behavior of any wash trading attempts of our partners and market makers, and we have achieved many positive results.Q6: The big problem of some exchanges at this time is liquidity, so what does KuCoin do to make sure liquidity for users fastly to attract more users in exchanges space? (from Twitter ID: @Cryptoboy235)A6: In terms of liquidity, I think the ranking CMC recently introduced is quite interesting. KuCoin now ranks 12–13 on this list, and we will make our way to top 10 in next Q1.We’ve been working with many market makers and quant traders to increase the liquidity of KuCoin. Take BTC/USDT trading pair for instance, the bid-ask spread is $0.1 for most of the time, which matches other top exchanges.Sharing a screenshot of the orderbook, you could see that the spread now is $0.1 (7161 vs 7160.9), indicating a very good liquidity.And I’m happy that thanks to our team and partners, the market depth of KuCoin is good as well, you can easily buy 10BTC on KuCoin without impacting the price a lot.Q7: A country like Venezuela, where there is no education in cryptocurrencies, we have problems with communication and security, that requires solid and reliable crypts, simple exchange and varied currencies, would you be the total support to support us, especially the unbanked ones? (from Twitter ID: @Periodistech)A7: Definitely! We are providing crypto service to many unbanked people. Due to the geo and cultural difference, we may not be able to fully understand your needs, so appreciate if you could share with us more about how we could help you, and this will help us to do better as well.Q8: Explain the utility of KuCoin, what’s the real-life use case and application of KCS? Are you focusing on only business and IT solutions or you will spread to other sectors? (from Twitter ID: @IslanNahid)A8: There are plenty of direct benefits of holding KCS — getting daily bonus, trading fee discount, participating Spotlight and more. With the gradual adoption of blockchain technology, KCS has also begun to expand its use cases, enhancing its intrinsic value. Now, KCS can be used to get a loan on ETHLend, perform real-time transfers through ADAMANT Messenger, and play online games on PlayGame.com. With the recent collaboration with CoinPayments, KCS opened its door to over 2.4 million merchants worldwide.We are currently focusing on trading services while we are also working with some countries to explore how blockchain technology can be implemented in other industries.Q9: When we going to see KuCoinShare’s own chain? I read somewhere that they going to launch mainnet this year but year going to end and not any more clarification about KCS own chain. (from Twitter ID: @Anupamutt)A9: We do not have a specific timeline for this as we have plenty of other products and services to develop and the priority of KuCoin chain is not that high.Q10: Why should we choose KuMex against other futures? Thanks! (from Twitter ID: @daphuyen)A10: KuCoin is a quite tech driven company and that’s why we are quite confident about the security and stability of KuCoin and KuMEX. In the crypto futures field, we believe KuMEX could offer the best experience for most traders.There are many things that KuMEX is doing quite good1. The Bitcoin spot price index of KuMEX is fairer than most exchanges, so your position might be liquidated in other platforms while it is still safe on KuMEX2. KuMEX is offering about 10 different languages, offering a very friendly trading experience3. We have many unique features like instant transferWe know that futures is a very risky market and that’s why we want to try our best to develop a fair platform for everyone to trade Bitcoin futures.Q11: Binance recently acquired wazirx for Indian OTC. What are your plans for Indian OTC?A11: We’ve been working with another Indian exchange to explore this.Q12: Traders were expecting POL since October, can you please update us regarding the progress of POL and it’s launch?A12: The project is developing as expected. I could not unveil too much info but I would say the team is ready to list POL.Q13: First of all, I thank you and your project. KuCoin team is a very hard working team The KuCoin team is working hard to raise the KCS price. Although the team has worked so hard, the price of the KCS is still not at the desired level. Especially suitable for the rise in the price of circulating supply. How can you interpret this? KuCoin Exchange brought Kumex and leverage system. Compared to other stock exchanges Kumex provides a lot of language support, but the volume is low. What are the efforts to increase this volume? In addition, will there be an IEO ICO regulation to increase the price of KCS? For example, 100 kcs in the hands of those who give the ticket right, through them IEO, ICO to do. This will increase the amount of locked kcs and the amount of kcs that will be encoded. When we trade, we have minimal tokens left behind. Will there be a system for converting these minimal tokens to kcs? Will KCS be listed on other major exchanges? For example BNB is also listed on KuCoin.A13: The price of each token will be affected by many factors. For instance when BTC dumps, most major tokens like KCS will suffer as well. I know you all care a lot about KCS price, so do I. The good thing is, we will have plenty of good news about KuCoin and KCS coming and we see KCS is recovering. Let’s invest for the long term.Q14: What was your motivation to build KuCoin, and what is your mission now?A14: I used to be a user of Mt.gox and the experience is terrible. That’s why I wanna build a very user-friendly exchange. The KuCoin team now is committed to making KuCoin the best place to trade and we are also trying to contribute to the mass adoption of blockchain.Q15: Hi Michael, come 2020 when ETH goes POS, will Kucoin introduce softstaking for ETH?A15: That would be nice! Other major coins like EOS and TRON have been enabled on soft staking and this program has helped some users to make thousands of dollars.Q16: How do you plan to keep the VERASITY community satisfied and engaged?A16: Not just VERASITY, for all the projects that have been listed on KuCoin, we will work with them to launch many engaging campaigns to motivate and reward the community.Q17: The negative side of privacy is money laundering. Do you have any safeguards to prevent money laundering?A17: Yes, we are working with top security company like Chainalysis to fight money laundering. If such thing could be effectively prevented, I believe crypto would be accepted by a wider range of peopleQ18: Comparing to other exchanges, does KuCoin have any advantages in terms of fees?A18: For sure, we have very competitive fee structure. I remember The Block did a research about this before. KuCoin is the best performer in terms of trading fee, and please note that if you pay fee with KCS, you could get extra 20% off!Recap of AMA with Michael was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 12. 23

KuCoin Adds Margin Trading ...

On December 19, 2019, KuCoin, an IDG-backed crypto exchange, announced that it will add KCS as the platform’s newest margin asset, supporting KCS/USDT trading pair with up to 10x leverage.As a popular feature on KuCoin, margin trading allows users to borrow more tokens by pledging a few tokens to make a long (buy) or short (sell) operation, so as to leverage a large number of funds using a smaller amount to earn more profits. Prior to KCS, KuCoin margin trading has supported Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Tether (USDT), EOS and Litecoin (LTC) across 12 asset pairs in late October.Michael Gan, CEO at KuCoin said: “As our native token, KCS is the backbone of almost every service of KuCoin, and it is also one of the most frequently-traded digital assets on KuCoin.com. Margin trading for KCS is a very important move as it will throw more light on this token and enable thousands of existing and potential KCS holders to implement more advanced trading strategies, resulting in more profits.”Along with the new KCS/USDT margin pair, KuCoin will launch an ultra-low interest borrowing activity from December 19 to 23, 2019. 1,000,000 USDT will be provided by the exchange for users to borrow with a daily interest rate of 0.01%, equivalent to 3.7% annualized rate, while the rate is often close to 10% on most other crypto platforms. The lending funds will be available at 18:00 (UTC+8) every day and offered on a first come, first served basis.KuCoin Adds Margin Trading for KCS With 10x Leverage was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 12. 19

KuCoin Weekly Report #67–16...

KuCoin NewsKuCoin OTC Desk Launches Indonesia Markethttps://www.kucoin.com/news/en-kucoin-otc-desk-launches-indonesia-marketListed ProjectsNewscrypto (NWC) Gets Listed on KuCoin!https://www.kucoin.com/news/en-nwc-gets-listed-on-kucoinCampaigns & Promos40% Off Trading Fees Refund Campaign Rewards Distributedhttps://www.kucoin.com/news/en-trading-fee-refund-campaign-rewards-distributedKuCoin BlogAre Decentralized Exchanges The Future For Crypto?https://kucoinblog.com/are-decentralized-exchanges-the-future/Tech UpdatesSeptember EMOGI (LOL) Airdrop Distribution for IOST Holders Completedhttps://www.kucoin.com/news/en-september-lol-airdrop-distribution-for-iost-holders-completedOctober EMOGI (LOL) Airdrop Distribution for IOST Holders Completedhttps://www.kucoin.com/news/en-october-lol-airdrop-distribution-for-iost-holders-completedEnergi (NRG) Postponed The MainNet Version Upgradehttps://www.kucoin.com/news/en-nrg-postponed-the-mainnet-version-upgradeKuMEX Is Now Available in Frenchhttps://www.kucoin.com/news/en-kumex-is-now-available-in-frenchKuCoin Has Completed the Cosmos (ATOM) Upgradehttps://www.kucoin.com/news/en-kucoin-has-completed-the-atom-upgradeKuCoin Adds More Fiat Currency Exchange Rateshttps://www.kucoin.com/news/en-kucoin-adds-more-fiat-currency-exchange-ratesKuCoin Will Support the Travala.com (AVA) Token Swaphttps://www.kucoin.com/news/en-kucoin-will-support-the-ava-token-swapDecember BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-december-btt-airdrop-distribution-for-trx-holders-completedThe Bitcoin Delivery Contract XBTMM20 Has Been Released on KuMEXhttps://www.kucoin.com/news/en-the-bitcoin-delivery-contract-xbtmm20-has-been-released-on-kumexKuCoin Suspends LUNA & SDT Deposit and Withdrawal Serviceshttps://www.kucoin.com/news/en-kucoin-suspends-luna-and-sdt-deposit-and-withdrawal-servicesKuCoin Streamline Trading Pairs Announcementhttps://www.kucoin.com/news/en-kucoin-streamline-trading-pairs-announcement-1213ST: KuCoin Delisting of IUNGO (ING) Projecthttps://www.kucoin.com/news/en-st-kucoin-delisting-of-ing-projectKuCoin Market System Upgrade Noticehttps://www.kucoin.com/news/en-kucoin-market-system-upgrade-noticeFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #67–16/12/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 12. 17

KuCoin Weekly Report #66–8/...

KuCoin NewsCheck out the highlights from KuCoin Mega Meetup in Jakarta!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}Check out highlights from #Kucoin Maga Meetup in Jakarta! 🙌 https://t.co/dcLXdAE2vY — @KuCoinDailyfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Join the KuCoin AMA with ARCS This Thursday, 2000 USD of ARX to Give Away!https://www.kucoin.com/news/en-join-the-kucoin-ama-with-arcs-this-thursday-2000-usd-of-arx-to-give-awayListed ProjectsARCS (ARX) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-arcs-arx-gets-listed-on-kucoin-world-premiereCampaigns & Promos[Exclusive for Vietnamese] 40% Off Trading Fees Refund Campaignhttps://www.kucoin.com/news/en-trading-fees-refund-campaignKuCoin BlogTop Crypto Wallets of 2019 Part II: Mobile & Hardware Walletshttps://kucoinblog.com/top-crypto-wallets-2019-part-ii/Tech UpdatesKuCoin Has Completed the Multi-Collateral DAI Token Swaphttps://www.kucoin.com/news/en-kucoin-has-completed-the-multi-collateral-dai-token-swapThe KuCoin VIP Program Upgrade Noticehttps://www.kucoin.com/news/en-the-kucoin-vip-program-upgrade-noticeST: KuCoin Delisting of ONO (ONOT) Projecthttps://www.kucoin.com/news/en-st-kucoin-delisting-of-ono-onot-projectKuCoin Update of Projects Listed in the KuCoin Plus Trading Areahttps://www.kucoin.com/news/en-kucoin-plus-trading-area-191203KuMEX Is Now Available in Dutchhttps://www.kucoin.com/news/en-kumex-is-now-available-in-dutchFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #66–8/12/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 12. 09

“One Week With KuMEX” Chall...

The Crypto Futures market offers great opportunities as well as great risk. Many people have dreamed of investing 1 BTC with 100x leverage, which would then turn into 100 BTC. However, many people are also worried about the prospect of taking part in the high-risk market only to lose all of their principal and end up with nothing.To enable users to put their trading skills into practice, the KuMEX team would like to invite all traders to take part in an interesting investment experiment with us: You suggest the trading strategy, and we will implement it and see how it performs.We will be launching the “One Week With KuMEX” Challenge from December 9, 2019 to December 16, 2019 (UTC+8). We are calling all of our users for your participation!Activity Rules:1. During the activity, a daily vote will be initiated on the KuMEX Official Twitter (@KuMEX_Official), asking the public to propose their trading strategies for the BTC perpetual contract on the KuMEX platform.2. Each vote will contain one of three options: “Long”, “Short,” or “Close out”.3. The daily vote will last for 24 hours (from 12:00 am on the day to 12:00 am the next day, UTC+8). After gathering the results of the vote, the KuMEX team will implement it accordingly with appropriate leverages.4. The initial fund will be 1 BTC and we will publish the account balance and ROI at 11 am (UTC+8) each day.5. Daily Bonus: Comment with your proposed trading strategy with explanations under the vote tweet to win a chance to receive 20 KCS each day.6. Final Bonus: After the activity ends,1) if the balance is > 1 BTC, we will select 1 lucky participant to whom we will reward all the profit (The winner must own a KuMEX account, we will airdrop the prize to the winner’s KuMEX account.).2) If the balance is ≤ 1BTC, we will select 10 lucky participants and reward them with 20 KCS each.Note: KuMEX team reserves right of final interpretation of this activity.“One Week With KuMEX” Challenge was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 12. 09

KuCoin Weekly Report #65–1/...

KuCoin NewsKuCoin Mega Meetup Jakarta to be held on December 7https://www.kucoin.com/news/en-kucoin-mega-meetup-jakarta-to-be-held-on-december-7KuCoin Adds Support for AUD and GBP with Banxahttps://www.kucoin.com/news/en-kucoin-adds-support-for-aud-and-gbp-with-banxaKuCoin AMA Series -KuMEX- Full Transcripthttps://www.kucoin.com/news/en-kucoin-ama-series-kumex-full-transcriptKuCoin and BetProtocol Partner To Enable Playing Games With KCShttps://www.kucoin.com/news/en-kucoin-and-betprotocol-partner-to-enable-playing-games-with-kcsCampaigns & PromosMarcoPolo (MAP) Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-map-trading-competition-rewards-distributionKuCoin BlogHow To Identify Bull Traps & Bear Trapshttps://kucoinblog.com/identify-bull-traps-bear-traps/VideoCoin (VID) Project Updates and Information For KuCoin Usershttps://kucoinblog.com/videocoin-vid-token-listing-information-research-project-updates-kucoin/Gaming On The Blockchainhttps://kucoinblog.com/gaming-on-the-blockchain/Tech UpdatesUT Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-ut-deposit-and-withdrawal-services-now-openKuCoin to Support USDT-EOShttps://www.kucoin.com/news/en-kucoin-to-support-usdt-eosKuCoin Will Support The Credits (CS) MainNet Token Swaphttps://www.kucoin.com/news/en-kucoin-will-support-the-credits-cs-mainnet-token-swapKuCoin Will Support the Energi (NRG) MainNet Upgradehttps://www.kucoin.com/news/en-kucoin-will-support-the-energi-nrg-mainnet-upgradeKuMEX Is Now Available in Koreanhttps://www.kucoin.com/news/en-kumex-is-now-available-in-koreanThe Sixth Spotlight Campaign Has Been Canceledhttps://www.kucoin.com/news/en-the-sixth-spotlight-campaign-has-been-canceledNovember WIN Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-november-win-airdrop-distribution-for-trx-holders-completedKuCoin Has Completed the Multi-Collateral DAI Token Swaphttps://www.kucoin.com/news/en-kucoin-has-completed-the-multi-collateral-dai-token-swapThe KuCoin VIP Program Upgrade Noticehttps://www.kucoin.com/news/en-the-kucoin-vip-program-upgrade-noticeFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #65–1/12/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 12. 03

KuCoin Adds Support for AUD...

KuCoin Adds Support for AUD and GBP with BanxaToday, November 26, 2019, KuCoin, an IDG-backed crypto exchange, and fiat on-ramp service, Banxa, announced a strategic partnership to launch instant fiat to crypto conversions for all KuCoin users.The new partnership allows KuCoin’s customers to buy Bitcoin (BTC) and Ethereum (ETH) with Australia Dollar (AUD) and British Pound (GBP) directly, using bank transfers, debit/credit card and a 1,200 strong newsagent network. Banxa is currently adding more global payment options to its platform with the goal to make the service available to users around the globe in the future.“KuCoin has been an outstanding partner for Banxa and we are very excited to launch this service together. Today, every serious crypto industry player should have a fiat to crypto gateway integrated into their platform. Banxa allows exchanges, wallets and other industry players such as news websites etc. to own their users end-to-end and rely on a unique payment network which deals with global compliance and regulation.” says Holger Arians, CEO at Banxa.“At KuCoin, bringing blockchain technology and cryptocurrency to the masses is our ultimate goal. To this end, offering more fiat to crypto gateways will provide a robust boost,” said Michael Gan, CEO at KuCoin. “We are delighted to join hands with Banxa to provide our users in Australia and the UK a much easier way into the crypto world. We plan to extend this service to more tokens, fiats, and countries soon.”With zero chargebacks and an easy to integrate API, cryptocurrency exchanges and wallet providers can offer their customers an easy and secure way to buy cryptocurrency. Banxa takes care of all regulations, payment network integrations, operational overheads, and fraud management.Easy fiat to crypto transaction is essential to introduce more people to the crypto world. Earlier this year, KuCoin launched its peer to peer OTC platform, allowing users to buy BTC, USDT, and PAX with CNY.Additional resourcesFollow Banxa on Twitter and LinkedInFollow KuCoin on Twitter, Facebook, LinkedInAbout BanxaBanxa specializes in a full-service, internationally compliant fiat-to-crypto gateway solution for exchanges, wallets and other businesses operating in the cryptocurrency ecosystem.About KuCoinThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and has enjoyed steady growth into 2019. The KuCoin Exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018, ‘The People’s Exchange’ officially partnered with IDG Capital and Matrix Partners.www.kucoin.comKuCoin Adds Support for AUD and GBP with Banxa was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 11. 26

KuCoin Weekly Report #64–24...

KuCoin NewsKuCoin and Arwen’s Decentralized Settlement Service Now Supports Ethereumhttps://www.kucoin.com/news/en-kucoin-and-arwen-decentralized-settlement-service-now-supports-ethereumKuCoin Launches German Communityhttps://www.kucoin.com/news/en-kucoin-launches-german-communityJoin KuCoin AMA with KuMEX Expert Next Tuesdayhttps://www.kucoin.com/news/en-join-kucoin-ama-with-kumex-expert-next-tuesdayKuCoin OTC Desk Launches Vietnam Markethttps://www.kucoin.com/news/en-kucoin-otc-desk-launches-vietnam-marketKuCoin AMA Series — Ampleforth — Full Transcripthttps://www.kucoin.com/news/en-kucoin-ama-series-ampleforth-full-transcriptCampaigns & PromosKuCoin Will Support The Maxonrow (MXW) Lockup and Cash Back Programhttps://www.kucoin.com/news/en-kucoin-will-support-the-maxonrow-mxw-lockup-and-cash-back-programMarcoPolo (MAP) Trading Competition, 300,000 MAP to Give Away!https://www.kucoin.com/news/en-marcopolo-map-trading-competition-191118AMPL Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-ampl-trading-competition-rewards-distributedLockup KCS, Win 100,000 KCS + Porsche Macan Campaign Rewards Distributedhttps://www.kucoin.com/news/en-lockup-kcs-win-kcs-and-porsche-macan-campaign-rewards-distributedUse KCS to Pay Trading Fees & Get a Winter Gift Activity Rewards Distributedhttps://www.kucoin.com/news/en-use-kcs-to-pay-trading-fees-and-get-a-winter-gift-activity-rewards-distributedKuCoin BlogCould Cryptocurrencies Be The Solution For Hyperinflation?https://kucoinblog.com/cryptocurrencies-solution-for-hyperinflation/KuCoin Tech UpdatesBOLT Deposit Service Now Openhttps://www.kucoin.com/news/en-bolt-deposit-service-now-openKuCoin Will Start the Multi-Collateral DAI Token Swaphttps://www.kucoin.com/news/en-kucoin-will-start-the-multi-collateral-dai-token-swapKuCoin Completes The Rename of BCHSV into BSVhttps://www.kucoin.com/news/en-kucoin-completes-the-rename-of-bchsv-into-bsvOctober VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-october-vtho-distribution-for-vet-holders-completed-1120October ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-october-ong-distribution-for-ont-holders-completed-1120October GALA Distribution for ZPT Holders Completedhttps://www.kucoin.com/news/en-october-gala-distribution-for-zpt-holders-completed-1120KuCoin Will Suspend UT Deposit and Withdrawal Serviceshttps://www.kucoin.com/news/en-kucoin-will-suspend-ut-deposit-and-withdrawal-servicesST: KuCoin Delisting of eBitcoin (EBTC) Projecthttps://www.kucoin.com/news/en-st-kucoin-delisting-of-ebitcoin-ebtc-projectKuMEX Is Now Available in German and Take Profit & Stop Loss Order Typeshttps://www.kucoin.com/news/en-kumex-is-available-in-german-and-various-order-typesKuCoin Postponed The Launch of The Sixth Spotlight Campaignhttps://www.kucoin.com/news/en-kucoin-postponed-the-launch-of-the-sixth-spotlight-campaignFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchGerman Telegram: https://t.me/kucoin_deKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #64–24/11/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 11. 25

ARCS Will Host a Token Sale...

November 22, 2019, KuCoin, an IDG-backed exchange, announced that its token sale platform Spotlight will launch ARCS on December 3rd.The project takes its root in a vision of bringing well-being to individuals around the world. Well-being is essentially a better life, both physically, mentally and socially. It aims to empower individuals with ownership of their own data and identity so they can harvest the value it holds, instead of giving it away for free. This is not a declaration of war against the big corporations and centralized authorities who traditionally have been collecting data on their terms, but a system for a fairer balance between rightful data owners and the ones who want to acquire — this is the next generation of data banking.ARCS (token symbol: ARX) is the native token on the ARCS blockchain and it plays an important role in building an ecosystem for various users. More specifically, ARCS will govern the underlying blockchain infrastructure and enable users to transact in the network.Important definitionsToken name: ARCSToken symbol: ARXProject and ecosystem name: AIreInception of AIreThe project was initiated in Tokyo, Japan 2017 by a group of entrepreneurs, technologists, and philanthropists who believes that blockchain technology can contribute to a better world. Individual ownership of data and identity, along with a network of data banks, will enable multiple business scenarios and solve some of the toughest problems in the world e.g. personal data exchange, data monetization, financial inclusion, lending/funding, scoring and reputation, and privacy.Product — data bankThe first product is data bank 1.0. With this, individuals will be able to register as users, create accounts, do KYC, and make data entries to the data bank — all in return for rewards. On the other side, businesses will be able to acquire data and reward users with tokens. Integrity of the data bank is preserved by the blockchain and privacy is secured by advanced cryptographic techniques.Technology — blockchain infrastructureFor token offering and initial development, the tokens are issued on Ethereum blockchain with ERC-20 standard. AIre is currently conducting research and development for the underlying ARCS blockchain infrastructure, and final design is scheduled to be released in Q2 2020. The main requirements include:1) high performance to accommodate business requirements2) security design to preserve privacy and ownership3) scalability to onboard other data banks and businesses4) flexible design to allow customization e.g. implementation of W3C DID standards and verifiable credentials data modelToken economyIn addition to the governance token, ARCS, a payment token will be available based on collateral debt positions (CDP). The payment token will equal a stable coin and only exist within the network, which means that it won’t be listed on any exchanges or public traded. The purpose is to ensure that individuals and businesses can do commerce without extreme price fluctuations. The payment token is operated by a CDP similar to MakerDao’s design for DAI. Users can deposit ARCS into a smart contract which creates payment tokens based on the amount and collateral. Once the user pay back the payment tokens they will receive back the ARCS, and hence the payment token will be destroyed.Business modelThe overall business model of the AIre ecosystem is the mechanics between data provider, data buyer, and the data bank. The provider can be individuals or third parties, and the buyers are typically businesses who needs the data for analytics. The providers data inputs can come in many formats such as social media, questionnaires, feedback, and proprietary data structures. Once the data rest in the data bank, businesses can inquire data access in return for points or payment tokens for users. The users are protected by high level of privacy and options to authorize different buyers to acquire different data.KuCoin CEO Michael Gan said: “KuCoin Spotlight is committed to empowering early-stage blockchain project, helping them go to the market. When selecting projects for Spotlight, what we care about most is their potential to bring crypto and blockchain to the masses. By combining big data and blockchain technology, AIre could help every business and individual maximize the value of their data while ensuring the accuracy and security of all information.”AIre CEO Masashi Mizukura said: “We founded AIre because we believe blockchain technology can contribute to a better world. Individual ownership of data and identity, along with a network of data banks, will enable multiple business scenarios and solve some of the worlds toughest problems e.g. personal data exchange, fair data monetization, financial inclusion, lending/funding, scoring and reputation, and privacy. We are pleased to work with KuCoin and feel 100% comfortable to conduct token sales with them. After many weeks of onsite teamwork, we have come to know KuCoin team as world class exchange operators with several successful token offerings under their belt. I especially admire their sense of unity and state of the art technology”The AIre team graduated from top Japanese universities like Osaka University, Waseda University, Keio University and Chuo University with more than 10 years’ experience in finance and tech industry. The project has already raised over 15 million US dollars from early investors.Since launched in March this year, KuCoin Spotlight has completed the token sale of 5 projects. According to The Crypto, the last Spotlight project Tokoin (TOKO) has the highest return (518%) in terms of BTC among token sale projects from all exchanges.ARCS Will Host a Token Sale on KuCoin Spotlight on December 3rd was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 11. 22

KuCoin Weekly Report #63–17...

KuCoin NewsKuCoin AMA Series — Crypto.com — Full Transcripthttps://www.kucoin.com/news/en-kucoin-ama-series-crypto-com-full-transcriptKuCoin Launches Japanese Communityhttps://www.kucoin.com/news/en-kucoin-launches-japanese-communityCampaigns & PromosKuCoin Will Support The Maxonrow (MXW) Lockup and Cash Back Programhttps://www.kucoin.com/news/en-kucoin-will-support-the-maxonrow-mxw-lockup-and-cash-back-programUse KCS to Pay Trading Fees and Get a Winter Gift!https://www.kucoin.com/news/en-use-kcs-to-pay-trading-fees-and-get-a-winter-giftAmpleforth (AMPL) Trading Competition, $15,000 AMPL to Give Away!https://www.kucoin.com/news/en-ampl-trading-competitionUse KCS to Pay Trading Fees & Get a Winter Gift Activity Rewards Distributedhttps://www.kucoin.com/news/en-use-kcs-to-pay-trading-fees-and-get-a-winter-gift-activity-rewards-distributedKuCoin BlogLearn How To Margin Trade On KuCoinhttps://kucoinblog.com/learn-how-to-margin-trade-on-kucoin/KuCoin Tech UpdatesKuCoin Will Add the MAP/BTC Trading Pairhttps://www.kucoin.com/news/en-kucoin-will-add-the-map-btc-trading-pairNovember BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-november-btt-airdrop-distribution-for-trx-holders-completedKuMEX Is Now Available in Turkishhttps://www.kucoin.com/news/en-kumex-is-now-available-in-turkishXMR Deposit Service Now Openhttps://www.kucoin.com/news/en-xmr-deposit-service-now-openKuCoin Will Add the DAG/USDT Trading Pairhttps://www.kucoin.com/news/en-kucoin-will-add-the-dag-usdt-trading-pairFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRJapanese Telegram: https://t.me/KuCoin_JPDutch Telegram: https://t.me/KuCoin_DutchKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #63–17/11/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 11. 18

KuCoin Weekly Report #62–10...

KuCoin NewsJoin KuCoin AMA with Crypto.com Next Tuesday, 14000 CRO to Giveaway!https://www.kucoin.com/news/en-join-kucoin-ama-with-crypto-next-tuesdayKuCoin Launches French Communityhttps://www.kucoin.com/news/en-kucoin-launches-french-communityCampaigns & PromosLockup KCS, Win 100,000 KCS + Porsche Macan Campaign Has Concludedhttps://www.kucoin.com/news/en-lockup-kcs-winner-announcementTOKO Airdrop Distribution For The 1st Round KCS Lockup & Cash Back Program Completedhttps://www.kucoin.com/news/en-toko-airdrop-distribution-for-the-kcs-lockupKCS Team Completes 4,500,000 KCS Burnhttps://www.kucoin.com/news/en-kcs-team-completes-4500000-kcs-burnAnnouncement of The Price of Ultra Big KCS Discount Campaignhttps://www.kucoin.com/news/en-announcement-of-the-price-of-ultra-big-kcs-discount-campaignListed Projects2nd Round of KuCoin Selection Has Concludedhttps://www.kucoin.com/news/en-2nd-round-of-kucoin-selection-has-concludedMarcopolo (MAP) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-marcopolo-gets-lists-on-kucoin-world-premiereKuCoin BlogHow To Read Candlestick Chartshttps://kucoinblog.com/how-to-read-candlestick-charts/KuCoin Tech UpdatesKuCoin Will Upgrade the XMR Deposit Addresshttps://www.kucoin.com/news/en-kucoin-will-upgrade-the-xmr-deposit-addressKuCoin Background System Maintenance for Some Trading Pairshttps://www.kucoin.com/news/en-kucoin-background-system-maintenance-for-some-trading-pairs-191106KuMEX Is Now Available in Vietnamesehttps://www.kucoin.com/news/en-kumex-is-now-available-in-vietnameseKuCoin Background System Maintenance for Some Trading Pairshttps://www.kucoin.com/news/en-kucoin-background-system-maintenance-for-some-trading-pairs-191108Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishFrench Telegram: https://t.me/KuCoin_FRVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRDutch Telegram: https://t.me/KuCoin_DutchKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #62–10/11/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 11. 11

KuCoin Weekly Report #61–3/...

KuCoin NewsKCS Team Will Buy Back and Burn 4,500,000 KCS!https://www.kucoin.com/news/en-kcs-team-will-buy-back-and-burn-4500000-kcsThe Bitcoin Delivery Contract Has Been Released on KuMEXhttps://www.kucoin.com/news/en-the-bitcoin-delivery-contract-has-been-released-on-kumexThe Margin Trading Service Is Now Available!https://www.kucoin.com/news/en-the-margin-trading-service-is-now-availableThe KCS Pay Fees Feature Is Released!https://www.kucoin.com/news/en-the-kcs-pay-feature-is-releasedKuCoin Blockchain Day Amsterdam to be held on November 14https://www.kucoin.com/news/en-kucoin-blockchain-day-amsterdam-to-be-held-on-november-14KuCoin Blockchain Day Berlin 2019https://www.kucoin.com/news/en-kucoin-blockchain-day-berlin-2019Campaigns & PromosPOL LockDrop is Coming! Lock Up TRC20-USDT to Get POL!https://www.kucoin.com/news/en-pol-lockdrop-is-coming-lock-up-trc20-usdt-to-get-polIntroducing Ampleforth (AMPL) on KuCoin Selectionhttps://www.kucoin.com/news/en-introducing-ampleforth-ampl-on-kucoin-selectionTRX Market Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-trx-market-trading-competition-rewards-distributionThe Exclusive Access of the 2nd Round of KCS Lockup and Cash Back Plan for the Lockup Users of the 1st Roundhttps://www.kucoin.com/news/en-the-kcs-lockup-and-cash-back-program-the-second-round-2KuCoin BlogJoin KuCoin For The Double 11 Festivalhttps://kucoinblog.com/join-kucoin-double-11-festival/Top 10 Books On Crypto Trading: Part 2https://kucoinblog.com/top-10-books-on-crypto-trading-part-2/KuCoin Tech UpdatesKuCoin Delisting of CanYa (CAN) Projecthttps://www.kucoin.com/news/en-kucoin-delisting-of-canya-can-projectOctober WIN Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-october-win-airdrop-distribution-for-trx-holders-completedThe 5,000,000 KCS Lockup Amount Has Reached The Limithttps://www.kucoin.com/news/en-lockup-amount-has-reached-the-limit-1030Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRDutch Telegram: https://t.me/KuCoin_DutchKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #61–3/11/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 11. 04

KuCoin Launches Margin Trad...

On October 31, 2019, KuCoin, an IDG-backed crypto exchange, launched its Margin Trading service. The platform initially supports margin trading across 12 asset pairs, allowing users to stake collateral using Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Tether (USDT), EOS and Litecoin (LTC), and trade them with up to 10x leverage.Margin trading allows users to borrow a certain amount of tokens by pledging tokens on KuCoin to make a long (buy) / short (sell) operation, so as to leverage a large number of funds using a smaller amount to earn more profits. Because of the use of leverage, the risk will also be increased.After enabling Margin Trading on KuCoin, users will need to transfer funds from their Main Account to their Margin Account to be able to borrow. For instance, if a user’s account has 1 BTC, they will be able to borrow 9 more for trading.KuCoin users will also be able to lend their tokens to others for Margin Trading, earning interest on a daily basis. Users can make their own decisions on the lending terms (7, 14 or 28 days), daily interest rate (0.01%~0.2%) and lending amount. The auto-lend feature can be enabled for users wanting to have the system handle the lending automatically.Michael Gan, CEO at KuCoin commented: “As the People’s Exchange, we are always committed to offering more services and products to better cater to the trading needs of individuals and institutions. The advent of margin trading could further complement our trading ecosystem, allowing users to choose a suitable service ranging from zero leverage (KuCoin Spot Trading) to 10x leverage (KuCoin Margin Trading) or 20x leverage (KuMEX Futures Trading) on the basis of their trading strategy. This will result in larger gains in the fast-growing crypto world.”In the second half of 2019, KuCoin has launched a number of new products including a P2P OTC platform and the KuMEX Bitcoin futures platform. The exchange also expanded into the staking economy, introducing its Soft Staking service and PoS Mining Pool Pool-X.KuCoin Launches Margin Trading Service, Supporting BTC, ETH With 10x Leverage was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 10. 31

Michael AMA @ KuCoin Commun...

At 20:00 on Oct 30, 2019 (UTC+8), Michael Gan, CEO at KuCoin, attended an AMA (Ask-Me-Anything) in the KuCoin English Telegram Group. The AMA session was composed of 2 sections: 1: Q&A from host; 2: Q&A from the audience. The members whose questions were chosen for the AMA will be given 10 KCS for their participation.Michael Gan, CEO at KuCoinQ1: Will KCS be available on other exchanges?A1: Thanks for the question. Yes, KCS has also been listed on a couple of exchanges and we are. approaching many top platforms to discuss the possibilities of getting KCS listed.Q2: What is KuCoin’s best selling point for attracting new users to the exchange?A2: Compared to other platforms, we are quite confident about our technology, and this. allows us to offer a secure and convenient trading experience. The product ecosystem is another advantage of KuCoin, we now offer fiat-to-crypto (with SimpleX and our OTC platform), crypto-to-crypto, futures trading services (KuMEX). And we have two staking products, soft staking and pool-x to cater your needs of staking, And I suppose many people like KuCoin also because of our competitive fee structure. We are offering one of the lowest fee for KuCoin and KuMEX (negative fee for maker). And as we introduced the KCS pay fee feature today, our fee will be much lower and more competitive, please give the new feature a try.Q3: In the context of the various cryptocurrency exchanges available today, while the volume is very small, does KuCoin have a different orientation to attract users (for example, focusing on the list of technology tokens or margin trading, etc.)?A3: Actually we are working on a new growth strategy. Currently people in the crypto is only 20 or 30 million while people who are using the. Internet is about 4 billion. We expect that in the following news, we could see lots of new traffic to the crypto world, and KuCoin intend to be the most friendly trading platform for newcomers. To this end, we will adjust our product, customer service and marketing strategy accordingly. The KuCoin homepage interface and branding upgrade will happen in a few weeks. And we believe this is the right approach to help us gain more new users in the following years.Q4: Any plans to make an official office for your project in Indonesia?A4: I’d say that’s possible. As you may know, we now have offices in Singapore, China, Thailand, the Philippines and Bulgaria. And we do have a plan to open offices in emerging markets like Vietnam, India and Indonesia. For Indonesia, another thing I could share is that we are planning a mega meetup with. our close partner Tokoin in Jakarta. Please stay tuned!Q5: When can Indian users buy KCS directly using INR (Indian Rupees)?A5: On our OTC platform, we will soon add more fiat and Vietnamese Dong and Russian. Ruble might be the first ones to be added. While we are also working on other fiats!Q6: Will KuCoin allow P2P crypto lending?A6: Yes and it will be available tomorrow! The p2p lending feature will go live with our margin trading tomorrow. By then, KuCoin users will also be able to lend their tokens to others for Margin Trading, earning interest on a daily basis. Users can make their own decisions on the lending terms (7, 14 or 28 days), daily interest rate (0.01%~0.2%) and lending amount. We will announce more details tomorrow.Q7: When will KuCoin have its own chain?A7: We know many people are expecting that, while will be an important decision for usSorry that we do not have a specific timeframe for this while we have an internal. team doing research and development. We have been approaching many partners like Cosmos, 0x, facing a number of. different technical solutions, and we are still determining the one that works best for KuCoin.Q8: How is KuCoin trying to get KCS to break through to the highest price it used to be, around $21.14?A8: I really dislike discussing token price hhh as I think no one could predict the price in the short term,KCS reached the ATH in the last bull run. And to be honest, in the last two years, we focused a lot on our technology and have been working on upgrading our underlying infrastructure,Now I think we are almost ready in terms of all the tech structure. In the last a few months, we’ve launched many new products and features like soft staking, KuMEX, OTC and more.Like I mentioned before, we believe the industry will see a lot of new users in upcoming years and we are making preparations for this. We are sure if we could win a lion’s share of the new traffic, the value of KCS will be much higher than it is nowadays.Q9: What are the key road map milestones the team aims to achieve in the coming year?A9: Lots of new products are on the way I think it would be more practical to share the milestones in this and next quarter. We will have more services like PoW cloud mining pool, Collateral Borrowing.And for existing products, we will also have something new. New contracts for. KuMEX, new interface and experience for KuCoin and KuMEX, more fiat gateways, different trading panels for newcomers, general trader and advanced traders. Will still be busy in the following quarters.Q10: How long do you think it will take for cryptocurrency to become mainstream?A10: Libra, words from President Xi…happy to see so many good news for blockchain and. crypto recently. I think the cryptocurrency is getting more and more attention from the mainstream, so that’s good Blockchain & crypto mass adoption is always our ultimate goal and that’s why we are working with many organizations and governors to bring crypto to the masses I think in 5 years, we will see many killer blockchain applications and at least 1 billion people will be with crypto. I often tell my friends that one day, it will be super natural for someone to store 10% of his asset as Bitcoin or KCS. No one will feel surprises.Q11: Can u tell us something about the adoption of KCS?A11: Our first priority is to expand the user cases on our platform. You can now use KCS to pay trading fee, get daily bonus and participate Spotlight and for all the new features, KCS will also play a significant role. And we are also working with 3rd parties like PundiX, Coinpayment, Travala, allowing users to use KCS in your daily lives.Q12: Biggest challenge for KCS?A12: Good question. New opportunities come much faster than we expected, so we need to do more in a limited time, offering services that could cater to the upcoming new users.Q13: 1) How do you ensure BOT free trading on your Exchange ? I see too many fake volume exchange on Coinmarketcap. 2) How the demand of KCS token increasing in future?A13: 1) our financial analysis team will analyze the daily trading actions, for traders that involved in wash trading, we will take actions to tackle it.2) to increase the demand, we will offer more features on KuCoin that will contribute to the demand of the token. KCS pay fee is a good example. Also, new users to the crypto world will also help.Q14: Can i know how did you came up with name KuCoin? Whats the origins of the name?A14: “Ku” in Chinese means “cool” and “Storage in a safe way”, so our initial goal is to offer a cool service that allows users to store their digital safely with us.Q15: When is the next spotlight?A15: We’ve been contracting many potential projects at the moment. Thanks for your patience.Q16: What KuCoin want to achieve with Pool-X ?A16: Pool-X is a quite innovative product, as it brings liquidity to the staking economy. With。this product, we want to bring more new thoughts to the industry and also of course attract more users.Q17: After IEO, what do you think about the next trend of cryptocurrency at the end of 2019? Which is the role of Kuocoin for creating the crypto trend?A17: As the recent updates from China, I think more and more countries will focus on blockchain and crypto. Every country wants to lead in the new technology trend.Q18: KuCoin has many contests and promotions but no transparency example in poolx contest i saw many people where able to enter with 4 and 5 account and many even can’t enter with single accountA18: Thanks for the feedback. We are trying our best to be transparent and ensure fairness in every campaign. Will talk to the team to pay more attention to this.Q19: When yubikey?A19: Good point, our product and security team are constantly introducing more security mechanisms. And as far as I know, this is not that hard to implement. Will push them for this.Q20: Why is Indonesia the main attraction of KuCoin now that it will build its own office in Indonesia?Do you add IDR on KuCoin like IDRT?A20: Actually with our Indo partner Playgame.com, you are able to buy KCS with IDR now. try it please.Q21: Sir When KuCoin offer free listing likes Binance ?A21: Actually for projects with really good quality, we are also happy to list them for free :)Q22: for kcs holders community voting listing? any plans?A22: I cannot guarantee this will happen very soon, but we are happy to re-open community voting in the near future.Michael AMA @ KuCoin Community: In 5 years, at least 1 billion people will be with crypto was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 10. 31

KuCoin’s Futures Platform K...

On October 30, 2019, KuCoin’s Futures Platform KuMEX will officially launch the Bitcoin Quarterly Delivery Contract.Unlike the current Bitcoin Perpetual Contract on KuMEX, a delivery contract has an expiry date and will be settled to a price derived from the underlying asset according to a prespecified rule. The delivery date of the KuMEX Bitcoin Quarterly Delivery Contract is the last Friday of the contract month. The price to settle at is a 30-minute Time Weighted Average Price (TWAP) of the spot index at 12:00 UTC on the delivery date. Traders can identify the contract month according to the contract ticker. For example, the ticker for a Bitcoin contract to settle in December 2019 is XBTZ19.Quarterly contracts for 2 consecutive quarters will be listed on KuMEX. For example, if today is May 1, then the contract month will be June and September.Officially launched on July 8, KuMEX, the futures trading platform developed by the KuCoin Team, now offers up to 20 times leverage. Compared with other major futures exchanges, the Bitcoin Spot Index used by KuMEX is the volume-weighted average US dollar price of Bitcoin across six exchanges: Coinbase Pro, Bitstamp, Kraken, Gemini, Liquid, and Bittrex. Including the figures from more platforms ensures the index price on KuMEX is fairer, avoiding the user’s contract being liquidated due to the low liquidity of the trading platform or large price fluctuations of one or two spot exchanges.KuMEX offers a competitive fee structure, which is currently 0.060% for takers and -0.025% for makers. We believe the negative maker fee will encourage users to provide liquidity to the platform by making the market while also earning some commission as an incentive.In September, KuMEX added support for Russian, in addition to supporting English and simplified Chinese languages on the platform. According to Michael, the platform will support more languages like Vietnamese and Turkish later this year.KuCoin’s Futures Platform KuMEX Launches Bitcoin Quarterly Delivery Contract was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 10. 31

KuCoin Now Supports The KCS...

KuCoin Now Supports The KCS Pay Fees FeatureOn October 30, 2019, KuCoin, an IDG-backed crypto exchange, announced that the platform will officially add support for the KCS Pay Fees feature. Users will be able to enable the feature on the “User Profile” page and enjoy a 20% discount based on the current 0.10% base fee rate applied to all trading pairs.KuCoin Shares (KCS) are the native token of the KuCoin Exchange. They are an ERC-20 decentralized digital asset built on Ethereum. The total supply of KCS is 200 million, though supply will be decreased to 100 million following the KCS burn plan.Officially launched in 2017, the issue price of KCS was initially $0.22, with the market price now reaching around $1.5, an increase of nearly 7 times. According to CoinMarketCap, the circulating market cap of KCS now reaches 129.8 million, ranking 46th among all digital assets.As a KCS holder, you are able to get access to many benefits such as a daily KCS bonus, trading fee discount, participation in community voting for listings, and the KuCoin VIP service. Following the launch of KuCoin Spotlight in March this year, KCS can also be used to participate in the Spotlight token sales. In accordance with the KCS whitepaper, KuCoin will use 10% of profits to implement a KCS burn, resulting in a decreasing supply of the token.Michael Gan, the founder at KuCoin, commented “We have introduced a number of new services and products this year, such as the Bitcoin futures platform KuMEX, PoS mining pool Pool-X, Soft Staking, OTC, and decentralized trading solution Arwen. Many more like margin trading, lending, and a PoW mining pool are on the way. KCS is the underlying fuel of them all. We believe the KCS Pay Fees feature will boost the demand of the token and, as we continue to develop our ecosystem, bring more value to KCS holders, which is always our top concern.”In 2019, the KCS Team has made plenty of progress in expanding its use cases outside the KuCoin platform. Until now, KCS has been accepted as a payment method by a number of partners. Users are now able to use it to get a loan on ETHLend, transfer KCS to friends through ADAMANT Messenger, cash out to Euro with AavePay, play online games with PlayGame.com, shop with 2.4 million merchants via CoinPayments, and book over 1.6 million hotels on Travala.com.KuCoin Now Supports The KCS Pay Fees Feature | KuCoin支持KCS抵扣交易手续费 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 10. 30

KuCoin Weekly Report #60–27...

KuCoin Double 11 FestivalThe KCS Lockup and Cash Back Plan Is Released! (The Second Round)https://www.kucoin.com/news/en-the-kcs-lockup-and-cash-back-program-the-second-roundThe KCS Pay Fees Feature Is Coming Soonhttps://www.kucoin.com/news/en-kcs-pay-fees-feature-is-coming-soonLockup KCS, Win 100,000 KCS + Porsche Macanhttps://www.kucoin.com/news/en-lockup-kcs-win-kcs-and-porscheUltra Big KCS Discount Is Waiting for You!https://www.kucoin.com/news/en-ultra-big-kcs-discount-is-waiting-for-youKuCoin Will Launch Margin Trading Servicehttps://www.kucoin.com/news/en-kucoin-will-launch-margin-trading-serviceKuCoin NewsThe New KuCoin VIP Program Is Coming Soonhttps://www.kucoin.com/news/en-the-brand-new-kucoin-vip-program-is-about-to-launchKuCoin Launches Dutch Communityhttps://www.kucoin.com/news/en-kucoin-launches-dutch-communityKCS Team Completes 8th Quarterly (Q3 2019) KCS Burnhttps://www.kucoin.com/news/en-kcs-team-completes-8th-quarterly-kcs-burnKoinfox Trader Partners with KuCoinhttps://www.kucoin.com/news/en-koinfox-trading-partners-with-kucoinCampaigns & PromosTravala.com (AVA) Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-travala.com-ava-trading-competition-rewards-distributedKuCoin BlogTop 10 Books On Crypto Trading: Part 1https://kucoinblog.com/top-10-books-on-crypto-trading/KuCoin Tech UpdatesKuMEX System Upgrade Noticehttps://www.kucoin.com/news/en-kumex-system-upgrade-notice-191025KuCoin Will Delist the VOL/BTC Trading Pairhttps://www.kucoin.com/news/en-kucoin-will-delist-the-vol-btc-trading-pairKuCoin Update of Projects Listed in the KuCoin Plus Trading Areahttps://www.kucoin.com/news/en-kucoin-plus-trading-area-191024KuMEX Referral Bonus Upgradinghttps://www.kucoin.com/news/en-kumex-referral-bonus-upgradingKuCoin Will Delist the BPT/ETH Trading Pairhttps://www.kucoin.com/news/en-kucoin-will-delist-the-bpt-eth-trading-pairKuCoin Will Add the TRX Trading Markethttps://www.kucoin.com/news/en-kucoin-will-add-the-trx-trading-market-191021Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRDutch Telegram: https://t.me/KuCoin_DutchKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #60–27/10/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 10. 28

KuCoin Weekly Report #59–20...

KuCoin NewsKuCoin Revises Exchange Centerhttps://www.kucoin.com/news/en-kucoin-revises-exchange-centerKuCoin Will Add the TRX Trading Markethttps://www.kucoin.com/news/en-kucoin-will-add-the-trx-trading-market-191021Listed ProjectsRoobee (ROOBEE) Gets Listed on KuCoin!https://www.kucoin.com/news/en-roobee-gets-listed-on-kucoinKuCoin BlogThe Mystery Of Bitcoin Creator Satoshi Nakamotohttps://kucoinblog.com/the-mystery-of-bitcoin-creator-satoshi-nakamoto/KuCoin Tech UpdatesSeptember VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-september-vtho-distribution-for-vet-holders-completed-1020September ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-september-ong-distribution-for-ont-holders-completed-191020September GALA Distribution for ZPT Holders Completedhttps://www.kucoin.com/news/en-september-gala-distribution-for-zpt-holders-completed-191020Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #59–20/10/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 10. 21

KuCoin’s Futures Platform K...

On October 16, at the Blockchain Life 2019 Forum in Moscow, Russia, KuCoin founder and CEO Michael Gan disclosed that KuCoin’s Futures Platform KuMEX is going to launch the Bitcoin Monthly Contracts product in a few weeks.KuCoin founder and CEO Michael GanOfficially launched on July 8, KuMEX, the futures trading platform developed by the KuCoin team, offers the Bitcoin Perpetual Contract (XBTUSDM) which is quoted in USD, denominated in Bitcoin and offers up to 20 times leverage. The platform currently supports three types of orders: limit order, market order and stop order.Compared with other major derivatives exchanges, KuMEX has made many innovations and improvements in creating a fair trading environment and lowering the threshold for investors. The Bitcoin Spot Index used by KuMEX is the volume-weighted average US dollar price of Bitcoin in six exchanges including Coinbase Pro, Bitstamp, Kraken, Gemini, Liquid and Bittrex. Including the figures from more platforms ensures the index price on KuMEX is fairer, avoiding the user’s contract being liquidated due to the low liquidity of the trading platform or large price fluctuations of one or two spot exchanges.In terms of the risk management mechanism, KuMEX has an Insurance Fund as well as an Auto-Deleveraging (ADL) mechanism. The Insurance Fund is fully transparent and the balance will be disclosed on the platform on a daily basis. This fund ensures that investors who are forced to close their positions will not lose money that exceeds their position margin. When the Insurance Fund is insufficient, many platforms now adopt a Socialized Loss mechanism, and the Auto-Deleveraging (ADL) adopted by KuMEX can effectively avoid the inflexibility over settlements in a Socialized Loss mechanism.In addition to the more complicated operations and higher risk, another reason for the low penetration rate of derivatives in the crypto world is that major exchanges often set certain investment thresholds. For example, OKEx and Huobi’s minimal BTC contract value is 100 USD. In order to allow more retail investors to become familiar with and participate in derivatives investment, KuMEX has greatly reduced the investment threshold. The XBTUSDM contract value is 1 USD, which enables traders to make a more flexible investment. At the same time, KuMEX offers a negative fee for Makers at a rate of -0.025% with a certain amount of fixed commission, encouraging users to provide liquidity to the platform through making the market, while earning some commission as an incentive.In September, KuMEX added support for Russian, in addition to supporting English and simplified Chinese languages on the platform. According to Michael, the platform will support more languages like Vietnamese and Turkish later this year.KuCoin’s Futures Platform KuMEX Will Launch Bitcoin Monthly Contracts in a Few Weeks was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 10. 17

KuCoin Weekly Report #58–13...

KuCoin NewsKuCoin Meetup Madrid to be held on October 19https://www.kucoin.com/news/en-kucoin-meetup-madrid-to-be-held-on-october-19KuCoin Ambassador Programhttps://www.kucoin.com/news/en-kucoin-global-ambassador-programTravala.com Joins Forces with the KCS Ecosystem, Enabling Users to Book Trips with KCShttps://www.kucoin.com/news/en-travala-joins-forces-with-the-kcs-ecosystemCampaigns & PromosMaxonrow (MXW) Is Listed on KuCoin! Big MXW Discount Is Waiting for You!https://www.kucoin.com/news/en-big-mxw-discount-is-waiting-for-youTravala.com (AVA) Trading Competition: Win $4500 of Hotel Booking Credit + 60,000 AVA!https://www.kucoin.com/news/en-travala-ava-trading-competitionV-ID (VIDT) Listing Campaign Rewards Distributedhttps://www.kucoin.com/news/en-vidt-listing-campaign-rewards-distributedCredits (CS) Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-cs-trading-competition-rewards-distributedKuCoin BlogRoobee Information For KuCoin Usershttps://kucoinblog.com/roobee-information-for-kucoin-users/Travala.com New Promotion And KCS Integrationhttps://kucoinblog.com/travala-new-promotion-and-kcs-integration/KuCoin Tech UpdatesST: KuCoin Delisting of Some Projectshttps://www.kucoin.com/news/en-st-kucoin-delisting-of-some-projects-191009October BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-october-btt-airdrop-distribution-for-trx-holders-completedFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #58–13/10/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 10. 14

KuCoin Weekly Report #57–6/...

KuCoin NewsKuMEX Contract Trading Is Now Available On The KuCoin Apphttps://www.kucoin.com/news/en-kumex-contract-trading-is-now-available-on-the-kucoin-appKuCoin Meetup Moscow to be held on October 18https://www.kucoin.com/news/en-kucoin-meetup-moscow-to-be-held-on-october-18KuCoin’s Soft Staking Page Is Now Livehttps://www.kucoin.com/stakingCampaigns & PromosV-ID(VIDT) Listing Campaign: 400,000 VIDT to Give Away!https://www.kucoin.com/news/en-vidt-listing-campaignCredits(CS) Trading Competition, 103,000 CS to Give Away!https://www.kucoin.com/news/en-credits-trading-competitionListed ProjectsV-ID (VIDT) Gets Listed on KuCoin!https://www.kucoin.com/news/en-vidt-gets-listed-on-kucoinAkropolis (AKRO) Gets Listed on KuCoin!https://www.kucoin.com/news/en-akropolis-akro-gets-listed-on-kucoinKuCoin BlogPassive Income From Crypto: What Is Staking And Why It’s Awesomehttps://kucoinblog.com/passive-income-crypto-masternodes-staking/How Does Derivative Trading Work On KuMEX?https://kucoinblog.com/derivative-trading-on-kumex/What Is Soft Staking? KuCoin’s New Staking Programhttps://kucoinblog.com/what-is-soft-staking-kucoins-new-staking-program/Ponzi Schemes In Crypto: What Happened With BitConnect & OneCoin?https://kucoinblog.com/crypto-ponzi-schemes-bitconnect-onecoin/KuCoin Tech UpdatesKuMEX Bitcoin Spot Index .BXBT Exchange Weight Adjustmenthttps://www.kucoin.com/news/en-kumex-bitcoin-spot-indexONT Soft Staking Revenue Postponement Announcementhttps://www.kucoin.com/news/en-ont-soft-staking-revenue-postponement-announcementKCS Team Completes 88,560 KCS Burn for the BTC Campaignhttps://www.kucoin.com/news/en-kcs-team-completes-88560-kcs-burn-for-the-btc-campaignSeptember WIN Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-september-win-airdrop-distribution-for-trx-holders-completedKCS Team Completes Extra KCS Burn for the Thirteenth Weekhttps://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-thirteenth-weekAnnouncement Regarding the Adjustment of “The Volume Network (VOL) Lockup and Cash Back Program”https://www.kucoin.com/news/en-announcement-regarding-the-adjustment-1001RHOC Withdrawal Services Now Openhttps://www.kucoin.com/news/en-rhoc-withdrawal-services-now-openRHOC Deposits, Withdrawals and Trading Temporarily Closedhttps://www.kucoin.com/news/en-rhoc-deposit-withdrawal-trading-temporarily-closed-190930Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #57–6/10/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 10. 09

KuCoin Weekly Report #56–29...

KuCoin NewsKCS Team Completes Extra KCS Burn for the Twelfth Weekhttps://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-twelfth-weekPIVX Soft Staking Official Rules — Cash Back Investment Program for PIVX (PIVX) Holdinghttps://www.kucoin.com/news/en-pivx-soft-staking-official-rulesONT Soft Staking Official Rules — Cash Back Investment Program for Ontology (ONT) Holdinghttps://www.kucoin.com/news/en-ont-soft-staking-official-rulesCampaigns & PromosCredits(CS) Trading Competition, 103,000 CS to Give Away!https://www.kucoin.com/news/en-credits-trading-competitionAMIO Net Buying Competition Has Now Concludedhttps://www.kucoin.com/news/en-amio-net-buying-competiton-has-now-concludedKuMEX FOMO Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-kumex-fomo-trading-competition-rewards-distributedKuMEX HOLD Competition Rewards Distributedhttps://www.kucoin.com/news/en-kumex-hold-competition-rewards-distributedListed ProjectsMaxonrow (MXW) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-maxonrow-mxw-gets-listed-on-kucoinSwipe (SXP) Gets Listed on KuCoin!https://www.kucoin.com/news/en-swipe-sxp-gets-listed-on-kucoinKuCoin BlogEnecuum (ENQ) Project Updates, Research and Information For KuCoin Usershttps://kucoinblog.com/enecuum-enq-token-listing-information-research-project-updates-kucoin/Swipe (SXP) Research and Information For KuCoin Usershttps://kucoinblog.com/swipe-sxp-token-listing-information-research-project-updates-kucoin/How Blockchain Is Changing Cloud Storagehttps://kucoinblog.com/blockchain-changing-cloud-storage/Electroneum (ETN) Project Updates and Information For KuCoin Usershttps://kucoinblog.com/electroneum-etn-project-updates-and-information-for-kucoin-users/KuCoin Tech UpdatesKuCoin MainNet Upgrade of QKC Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-upgrade-of-qkc-completeFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #56–29/9/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 09. 30

KuCoin Weekly Report #55–22...

KuCoin’s 2nd AnniversaryKuCoin’s 2nd Anniversary: $450,000 to Give Away!https://www.kucoin.com/news/en-kucoin-2nd-anniversaryKuCoin’s 2nd Anniversary: Buy BTC at a 90% Discounthttps://www.kucoin.com/news/en-buy-btc-at-a-big-discountFOMO Trading Competition: 100,000 USD to Give Awayhttps://www.kumex.com/anniversaryKuCoin’s 2nd Anniversary: TRON Day $150,000 to Give Away!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-tron-project-promotionKuCoin’s 2nd Anniversary: Amino Day $100,000 to Give Away!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-amino-project-promotionKuCoin’s 2nd Anniversary: Tokoin Day $100,000 to Give Away!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-tokoin-project-promotionKuCoin’s 2nd Anniversary: Terra Day $100,000 to Give Away!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-terra-project-promotionKuCoin 2nd Anniversary Carnival: Enjoy 21% VSYS Soft Staking Return!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-vsys-project-promotionKuCoin Celebrates Two Year Anniversary and the Launch of Pool-X with $40,000 Giveaway!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-pool-x-platform-promotionKuCoin NewsKuCoin Will Support The Volume Network (VOL) Lockup and Cash Back Programhttps://www.kucoin.com/news/en-kucoin-will-support-the-volume-network-lockup-and-cash-backprogramKuCoin has launched the Soft Staking pagehttps://www.kucoin.com/stakingKCS Team Completes Extra KCS Burn for the Eleventh Weekhttps://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-eleventh-weekCampaigns & PromosV Systems (VSYS) Summer Carnival Rewards Distributedhttps://www.kucoin.com/news/en-vsys-summer-carnival-rewards-distributedKuCoin Tech UpdatesELA Soft Staking Official Rules — Cash Back Investment Program for Elastos (ELA) Holdinghttps://www.kucoin.com/news/en-ela-soft-staking-official-rulesKuCoin Will Add the NUSD/USDT Pair and Delist the USDT/NUSD Pairhttps://www.kucoin.com/news/en-kucoin-will-add-the-nusd-usdt-pair-and-delist-the-usdt-nusd-pairKuCoin MainNet Upgrade of NULS Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-upgrade-of-nuls-completeKuCoin Update of Projects Listed in the KuCoin Plus Trading Areahttps://www.kucoin.com/news/en-kucoin-plus-trading-area-190918August EMOGI (LOL) Airdrop Distribution for IOST Holders Completedhttps://www.kucoin.com/news/en-august-lol-airdrop-distribution-for-iost-holders-completedAugust GALA Distribution for ZPT Holders Completedhttps://www.kucoin.com/news/en-august-gala-distribution-for-zpt-holders-completedAugust VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-august-vtho-distribution-for-vet-holders-completed-0920August ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-august-ong-distribution-for-ont-holders-completed-0920KuCoin BlogsHow To Identify A Scam In Cryptohttps://kucoinblog.com/how-to-identify-a-scam-in-crypto/Who Are The Crypto Millionaires?https://kucoinblog.com/who-are-the-crypto-millionaires/Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #55–22/9/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 09. 23

KuCoin Weekly Report #54–15...

KuCoin’s 2nd AnniversaryKuCoin’s 2nd Anniversary: $450,000 to Give Away!https://www.kucoin.com/news/en-kucoin-2nd-anniversaryKuCoin’s 2nd Anniversary: Buy BTC at a 90% Discounthttps://www.kucoin.com/news/en-buy-btc-at-a-big-discountFOMO Trading Competition: 100,000 USD to Give Awayhttps://www.kumex.com/anniversaryKuCoin’s 2nd Anniversary: TRON Day $150,000 to Give Away!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-tron-project-promotionKuCoin’s 2nd Anniversary: Amino Day $100,000 to Give Away!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-amino-project-promotionKuCoin’s 2nd Anniversary: Tokoin Day $100,000 to Give Away!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-tokoin-project-promotionKuCoin’s 2nd Anniversary: Terra Day $100,000 to Give Away!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-terra-project-promotionKuCoin 2nd Anniversary Carnival: Enjoy 21% VSYS Soft Staking Return!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-vsys-project-promotionKuCoin Celebrates Two Year Anniversary and the Launch of Pool-X with $40,000 Giveaway!https://www.kucoin.com/news/en-kucoin-2nd-anniversary-pool-x-platform-promotionKuCoin NewsKuCoin’s 2nd Anniversary: A Letter to KuCoin Users from Michael Ganhttps://www.kucoin.com/news/en-a-letter-to-kucoin-users-from-michael-ganKuMEX is Now Available in Russianhttps://www.kucoin.com/news/en-kumex-is-now-available-in-russianKCS Team Completes Extra KCS Burn for the Tenth Weekhttps://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-tenth-weekCampaigns & PromosAMIO Net Buying Competition: Buy More, Get Freehttps://www.kucoin.com/news/en-amio-net-buying-competition-buy-more-get-freeKuMEX HODL Competition: 5 Bitcoins to Give Away! Earn 1800% Annualized Expected Returnhttps://www.kucoin.com/news/en-kumex-hodl-competitionThe Second Round of KuMEX Rate of Return Competition Rewards Distributedhttps://www.kucoin.com/news/en-the-second-round-of-kumex-rate-of-return-competition-rewards-distributedLockup KCS and Get Lucky Tickets Campaign Rewards Distributedhttps://www.kucoin.com/news/en-lockup-kcs-and-get-lucky-tickets-campaign-rewards-distributedKuCoin Tech UpdatesKuCoin Will Start the NULS MainNet Upgradehttps://www.kucoin.com/news/en-kucoin-will-start-the-nuls-mainnet-upgrade-190909XTZ Soft Staking Official Rules — Cash Back Investment Program for Tezos (XTZ) Holdinghttps://www.kucoin.com/news/en-xtz-soft-staking-official-ruleKuCoin Will Start the ZIL MainNet Upgradehttps://www.kucoin.com/news/en-kucoin-will-start-the-zil-mainnet-upgrade-190911Announcement on the Impact of NULS MainNet Version 2.0 Upgrade on NULS Soft Stakinghttps://www.kucoin.com/news/en-announcement-on-the-impact-of-nuls-mainnet-upgrade-on-nuls-soft-stakingSeptember BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-september-btt-airdrop-distribution-for-trx-holders-completedKuCoin MainNet Swap of ITC Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-swap-of-itc-completeKuMEX is Now Available in Russianhttps://www.kucoin.com/news/en-kumex-is-now-available-in-russianKuCoin BlogsIntroducing Pool-X: The Next Generation PoS Mining Pool By KuCoinhttps://medium.com/kucoinexchange/introducing-pool-x-the-next-generation-pos-mining-pool-by-kucoin-e8dcff0a119eFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #54–15/9/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 09. 16

KuCoin’s 2nd Anniversary: A...

KuCoin’s 2nd Anniversary: A Letter to KuCoin Users from Michael Gan | 写在KuCoin 2周年,Michael致KuCoin用户的一封信Chinese version follows English one (中文版在英文版本之后)Dear KuCoin Users,To celebrate the second anniversary of KuCoin Exchange on September 13, we hosted a birthday party in Singapore yesterday, and we will have celebration events in most of our global communities including Vietnam, South Korea, and Spain in the coming days, sharing this special moment and happiness with our users all around the world.The last two years have seen the recent bull and bear run of the crypto world. At KuCoin, we always listen to our users and communities, continuously introduce new products and features, improve user experience, empower promising blockchain projects, and because of these initiatives, we are honored to be known as ‘the People’s Exchange’.In two years, we managed to gain the support and love of more than 5 million users from over 100 countries and regions, developing into a crypto exchange with the widest user distribution and top 5 active users.In two years, our genius dev team has self-developed the underlying infrastructure of KuCoin and KuMEX, two world-leading trading systems in terms of technology and performance, allowing us to offer a more comprehensive and friendly experience to all crypto lovers.As the founder of KuCoin, I’d like to thank you all on behalf of all KuCoin employees for your ongoing care, help, and support! Our long-term vision is to help everyone to manage their digital assets in an easy and secure way, and please believe that this 2-year-old exchange will work harder to serve our users, and try our best to contribute to the development of the blockchain industry.Thanks again for being with us. And please always feel free to reach out to me on Twitter: https://twitter.com/gan_chunMichael Gan所有KuCoin用户,为了庆祝9月13日KuCoin两周年生日,我们昨天在新加坡举行一场小规模的生日庆典,在接下来几天中,我们全球社群还将有各自的庆祝活动,与全球用户一同分享这一特殊时刻。在穿越牛熊的这两年,KuCoin听取用户和社区的声音,持续不断的推出新的产品,改进交易体验,引入优质的项目,被用户授予全民的交易所称号。同时在我们成长的这两年里,我们获得了来自全球100多个国家超过五百万用户的喜爱和支持,成为用户全球分布最广,日均活跃用户全球前五的交易所。在两年的时间里,我们KuCoin最优秀的工程师团队完成了两次大规模、长时间、完全自主知识产权开发,上线了技术上和指标上都领先于业界的现货和合约两大交易系统。在两周年生日之际,我代表KuCoin全球各地的员工,对所有使用我们、支持我们、关注我们朋友们道一声谢谢!我们将持续致力于让“每个人都方便安全的配置自己的数字资产”这一长远愿景。两岁的我们,将会比过去更努力为用户提供最优质的服务,并为促进区块链技术发展尽我们所能。成长路上,感谢有你!任何建议,欢迎你随时通过Twitter与我互动:https://twitter.com/gan_chunMichael GanKuCoin’s 2nd Anniversary: A Letter to KuCoin Users from Michael Gan | 写在KuCoin… was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 09. 15

Introducing Pool-X: The Nex...

KuCoin has recently launched the latest of its new projects: Pool-X. As an independent subsidiary incubated by KuCoin, Pool-X is the next generation PoS mining pool supporting lockup crypto transactions. With the aim to stimulate the future development of the PoS ecosystem, Pool-X offers services including but not limited to: liquidity trading market, node integration, and operational solutions.What Is Pool-X?Pool-X is a trading platform where users can take part in staking pools and operate nodes. Unlike other staking platforms, users on Pool-X are free to unstake their tokens at any time, providing an opportunity to adapt to the changing market conditions, similar to KuCoin’s own Soft Staking program. This is possible through the use of liquidity certificates, which essentially represent ownership of a certain amount of staked tokens and can be traded with others in order to receive the tokens.However, it goes beyond just a trading platform. The Pool-X ecosystem was created as a means to facilitate the development of the staking market as a whole. Services such as the node supermarket, where users can find and join nodes, or the multi-currency wallet, which allows users to store their tokens, make the platform much more convenient and user-friendly.Liquidity Services On Pool-XPool-X’s different liquidity-focused services enable the platform to operate smoothly and allow users to withdraw staked tokens at any time. First, there is the Liquidity Evaluation System. As the name suggests, the Liquidity Evaluation System measures the liquidity of each cryptocurrency that is integrated with each Pool-X node. This system adjusts the allocation from staked mining, specifying the liquidity of the asset and forming the index parameters through reading the open order price and depth on the target exchanges.There is also the Liquidity Trading Market, a liquidity matching mechanism for users who hold staked tokens on the platform. It is through this trading market that users are able to redeem tradable cryptocurrencies in the short term by placing an order. Once the order is met, it is then possible to exchange the assets with the user paying an additional fee in POL on top.What Is POL Used For?Along with the new platform, there is also a new token that forms the heart of the Pool-X ecosystem. The POL token (Proof of Liquidity) serves as credits for Pool-X, helping to record the flow of liquidity certificates and working as the payment method for liquidity bids in the aforementioned trading market. Ultimately, POL was created to cope with the inadequate liquidity of staked crypto assets.POL tokens are used throughout Pool-X. Firstly, it is the payment method of the liquidity marketplace. In this marketplace, liquidity certificates, which record the number of tokens being staked by a user, are freely traded with others in the case that a user wants to withdraw their staked tokens. POL is used as the currency for these trades, being paid by the liquidity bidder to the liquidity provider.Node Search Optimization is another use case for POL. As more nodes join and the market grows, competition between nodes will increase. Search optimization will help nodes to get more attention from users and stand out from the rest. Demand for this service is expected to rise alongside the market and payment for the service will be made at least partially in POL.A third use is as a payment method for technical services. As the platform begins to mature and the technology improves, Pool-X will look to offer full-set tech and operational solutions for new nodes joining the platform. With this, Pool-X will be a step closer to becoming a full-service platform for the staking ecosystem, providing a trusted source for these services.Finally, the fourth use of the currency is for the POL Public-chain Interoperability. Following the launch of the POL mainchain, at a time where the technology has developed and matured, this system will record and validate the transactions of certificates across various chains. POL, as the native coin of the chain, will be used as the incentive for this.How To Obtain POLNow we know what POL is, but how can users get it? As to be expected, there are a few ways in which users can get POL. One method is to take part in the LockDrop activity, which involves depositing tokens to a specified LockDrop address and holding it for a period of time.For taking part in staking mining, users are also able to earn a LockDrop allocation equalling 50% of the daily POL allocation. In addition, if a user stakes their assets on Pool-X, they will not only get the stake rewards but also some POL. Next, users who hold POL can obtain more by taking part in certain activities including lockups and voting of POL nodes. Finally, POL is paid as a fee in the Liquidity Trading Market.Where Do They Get Their Value?The token value of POL is market-orientated, in that the price is determined by its supply/demand. For the most part, demand for liquidity is positively correlated to the volatility of the cryptocurrency market, as sudden changes in the market encourage users to withdraw the assets to trade. Accordingly, the demand for POL fluctuates along with liquidity demand: stronger demand is likely to boost the price of POL, while weaker demand may lead to a reduction. No amount of POL is pre-reserved by any group or specific people, meaning that everyone has an equal chance to get a slice of the cake, so to speak.Interested in Pool-X?Pool-X has a lot on offer for users who are interested in taking part in the staking ecosystem. Whether they are looking to run a node, or just to stake and earn rewards, this new platform from KuCoin is able to facilitate this more conveniently than anywhere else. With benefits for all parties such as anytime withdrawals of staked assets without sacrificing rewards, solutions for low liquidity problems in staking projects, and a variety of services for nodes, Pool-X makes a clear case for being the best staking pool platform available.Introducing Pool-X: The Next Generation PoS Mining Pool By KuCoin was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 09. 15

KuCoin Weekly Report #53–8/...

KuCoin NewsKuCoin AMA Series — Pool-X — Full Transcripthttps://www.kucoin.com/news/en-kucoin-ama-series-pool-x-full-transcriptKuCoin Launches Korean Communityhttps://www.kucoin.com/news/en-kucoin-launches-korean-communityKCS Team Completes Extra KCS Burn for the Ninth Weekhttps://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-ninth-weekCampaigns & PromosV Systems (VSYS) Summer Carnival: 108,000 VSYS to Give Away!https://www.kucoin.com/news/en-vsys-summer-carnival-108000-vsys-to-give-awayKuMEX Rate of Return Competition: 2 BTC to Give Away! (The Second Round)https://www.kucoin.com/news/en-kumex-rate-of-return-competition-round-2KuMEX HODL Competition: 5 Bitcoins to Give Away! Earn 1800% Annualized Expected Returnhttps://www.kucoin.com/news/en-kumex-hodl-competitionONE Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-one-trading-competition-rewards-distributedLUNA Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-luna-trading-competition-rewards-distributedEOSC Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-eosc-trading-competition-rewards-distributedListed ProjectsAmino (AMIO) Gets Listed on KuCoin!https://www.kucoin.com/news/en-amio-gets-listed-on-kucoinKuCoin Tech UpdatesWAN Soft Staking Official Rules — Cash Back Investment Program for Wanchain (WAN) Holdinghttps://www.kucoin.com/news/en-wan-soft-staking-official-rulesKuCoin Token Swap of KickCoin (KICK) Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-token-swap-of-kickcoin-kickKuCoin Sandbox Environment Maintenance Noticehttps://www.kucoin.com/news/en-kucoin-sandbox-environment-maintenance-noticeAugust WIN Initial Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-august-win-initial-airdrop-distribution-for-trx-holders-completedIOTX Soft Staking Official Rules — Cash Back Investment Program for IoTeX (IOTX) Holdinghttps://www.kucoin.com/news/en-iotx-soft-staking-official-rulesFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKorean Community: https://t.me/Kucoin_KRKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #53–8/9/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 09. 10

KuCoin Weekly Report #52–1/...

KuCoin NewsIntroducing Pool-X: The Next Generation PoS Mining Poolhttps://www.kucoin.com/news/en-introducing-pool-x-the-next-generation-pos-mining-poolKuCoin Launches Indonesia Communityhttps://www.kucoin.com/news/en-kucoin-launches-indonesia-communityKuCoin Launches Arabic Communityhttps://www.kucoin.com/news/en-kucoin-launches-arabic-communityKuCoin Meetup Delhi to be held on September 8https://www.kucoin.com/news/en-kucoin-meetup-delhi-to-be-held-on-september-8Lockup KCS and Get Lucky Ticketshttps://www.kucoin.com/news/en-lockup-kcs-and-get-lucky-ticketsKCS Team Completes 500,000 KCS Burnhttps://www.kucoin.com/news/en-kcs-team-completes-500000-kcs-burnKCS Team Completes Extra KCS Burn for the Eighth Weekhttps://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-eighth-weekCampaigns & PromosHarmony (ONE) Listing Campaign: 2,820,000 ONE to Give Away!https://www.kucoin.com/news/en-harmony-one-listing-campaignLUNA Listing Campaign: 49,200 LUNA to Give Away!https://www.kucoin.com/news/en-luna-listing-campaign-49200-luna-to-give-awayOrigo (OGO) Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-ogo-trading-competition-rewards-distributedKuMEX Rate of Return Competition Rewards Distributedhttps://www.kucoin.com/news/en-kumex-rate-of-return-competition-rewards-distributedListed ProjectsVideoCoin (VID) Gets Listed on KuCoin!https://www.kucoin.com/news/en-videcoin-vid-gets-listed-on-kucoinTerra (LUNA & SDT) Gets Listed on KuCoin!https://www.kucoin.com/news/en-terra-gets-listed-on-kucoinKuCoin Tech UpdatesVSYS Soft Staking Official Rules — Cash Back Investment Program for V Systems (VSYS) Holdinghttps://www.kucoin.com/news/en-vsys-soft-staking-official-rulesKuCoin Will Start the KickCoin (KICK) Token Swaphttps://www.kucoin.com/news/en-kucoin-will-start-the-kick-token-swapEMOGI (LOL) Genesis Airdrop Distribution for IOST Holders Completedhttps://www.kucoin.com/news/en-emogi-lol-genesis-airdrop-distribution-for-iost-holders-completedKuCoin Completes The Rename of DADI into EDGEhttps://www.kucoin.com/news/en-kucoin-complete-the-rename-of-dadi-into-edgeKuCoin MainNet Swap of WAX (WAX) Completehttps://www.kucoin.com/news/en-kucoin-mainnet-swap-of-wax-completeKuCoin BlogsWhat Is The Goal Of Facebook’s Libra Coin?https://blog.kucoin.com/what-is-the-goal-of-facebooks-libra-coin/Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyIndonesia Community: https://t.me/KuCoin_IndonesianArabic Community: https://t.me/kucoinARKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #52–1/9/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 09. 02

KuCoin Weekly Report #51–25...

KuCoin NewsKCS Team Completes Extra KCS Burn for the Seventh Weekhttps://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-seventh-weekLOKI Soft Staking Official Rules — Cash Back Investment Program for Loki (LOKI) Holdinghttps://www.kucoin.com/news/en-loki-soft-staking-official-rulesAnnouncement of The Price of TOKO Token Salehttps://www.kucoin.com/news/en-announcement-of-the-price-of-toko-token-saleJoin KuCoin AMA session with Tokoin and Share 1,500 USD!https://www.kucoin.com/news/en-join-kucoin-ama-session-with-tokoin-and-share-1500-usdCampaigns & PromosKuMEX Rate of Return Competition: 2 BTC to Give Away!https://www.kucoin.com/news/en-kumex-rate-of-return-competition-2-btc-to-give-awayEOSC Listing Campaign: 750,000 EOSC + 1 BTC to Give Away!https://www.kucoin.com/news/en-eosc-listing-campaignKuCoin x BitUniverse — Litecoin (LTC) Grid Trading Competition: 66 LTC to Give Awayhttps://www.kucoin.com/news/en-ltc-grid-trading-competitionListed ProjectsHarmony (ONE) Gets Listed on KuCoin!https://www.kucoin.com/news/en-harmony-one-gets-listed-on-kucoinAnnouncement of The Price of TOKO Token Salehttps://www.kucoin.com/news/en-announcement-of-the-price-of-toko-token-saleKuCoin Tech UpdatesKuCoin Delisting of Horizon State (HST) Projecthttps://www.kucoin.com/news/en-kucoin-delisting-of-hst-projectKuCoin Will Delist the NEBL/ETH Trading Pairhttps://www.kucoin.com/news/en-kucoin-will-delist-the-nebl-eth-trading-pairJuly VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-july-vtho-distribution-for-vet-holders-completedJuly ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-july-ong-distribution-for-ont-holders-completedJuly GALA Distribution for ZPT Holders Completedhttps://www.kucoin.com/news/en-july-gala-distribution-for-zpt-holders-completedKuCoin Will Close The Deposit And Trading Services of SEROhttps://www.kucoin.com/news/en-kucoin-will-close-the-deposit-and-trading-service-of-seroKuCoin BlogsTop Crypto Wallets Of 2019: Desktop & Online Walletshttps://blog.kucoin.com/top-crypto-wallets-of-2019-desktop-online-wallets/Harmony (ONE) Research and Information For KuCoin Usershttps://blog.kucoin.com/harmony-one-research-and-information-for-kucoin-users/VideoCoin (VID) Research and Information For KuCoin Usershttps://blog.kucoin.com/videocoin-vid-token-listing-information-research-project-updates-kucoin/Follow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #51–25/8/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 08. 26

KuCoin Weekly Report #50–18...

KuCoin NewsAnnouncement of Tokoin (TOKO) Token Sale on KuCoin Spotlighthttps://www.kucoin.com/news/en-announcement-of-tokoin-toko-token-sale-on-kucoin-spotlightKuCoin Will Support The MultiVAC (MTV) Lockup and Cash Back Programhttps://www.kucoin.com/news/en-kucoin-will-support-the-mtv-lockup-and-cashback-programKCS Team Completes Extra KCS Burn for the Sixth Weekhttps://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-sixth-weekKCS Team Will Buy Back and Burn 500,000 KCShttps://www.kucoin.com/news/en-kcs-team-will-buyback-and-burn-500000-kcsIntroducing The KuCoinPlay Platform Beta Releasehttps://www.kucoin.com/news/en-introducing-the-kucoinplay-platform-beta-releaseKuMEX Platform Live Trading Service is Now Fully Openhttps://www.kucoin.com/news/en-kumex-platform-live-trading-service-is-now-fully-openCampaigns & PromosOrigo (OGO) Trading Competition, 667,500 OGO to Give Away!https://www.kucoin.com/news/en-origo-ogo-trading-competition-667500-ogo-to-give-awayKuMEX Rate of Return Competition: 2 BTC to Give Away!https://www.kucoin.com/news/en-kumex-rate-of-return-competition-2-btc-to-give-awayListed ProjectsEnecuum (ENQ) Gets Listed on KuCoin!https://www.kucoin.com/news/en-enecuum-enq-gets-listed-on-kucoinKuCoin BlogCrypto Exchange Security: Best 2FA Apps For Cryptohttps://blog.kucoin.com/crypto-exchange-security-best-2fa-apps-for-crypto/Enecuum (ENQ) Research and Information For KuCoin Usershttps://blog.kucoin.com/enecuum-enq-token-listing-information-research-project-updates-kucoin/KuCoin Tech UpdatesKuCoin Supports EMOGI (LOL) Genesis Airdrophttps://www.kucoin.com/news/en-kucoin-supports-emogi-lol-genesis-airdropKuCoin Will Support The KickCoin (KICK) Token Swaphttps://www.kucoin.com/news/en-kucoin-will-support-the-kickcoin-kick-token-swapAugust BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-august-btt-airdrop-distribution-for-trx-holders-completedKuCoin MainNet Swap of QuarkChain (QKC) Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-swap-of-QKC-completeEOSForce (EOSC) Airdrop Distribution for EOS Holders Completedhttps://www.kucoin.com/news/en-eosforce-eosc-airdrop-distribution-for-eos-holders-completedWINk (WIN) Monthly Airdrop Program Instructionshttps://www.kucoin.com/news/en-wink-win-monthly-airdrop-program-instructionsRChain (RHOC) Deposit Service Openhttps://www.kucoin.com/news/en-rchain-rhoc-deposit-service-openFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #50–18/8/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 08. 19

KuCoin Weekly Report #49–11...

KuCoin NewsLucky 8 Carnival Red Envelopes Giveaway from KuCoin and Eight Projects on August 8https://www.kucoin.com/news/en-lucky-8-carnival-red-envelopes-giveaway-from-kucoin-and-eight-projects-on-august-8KuMEX Cryptocurrency Contract Trading Platform Open to Test Live Tradinghttps://www.kucoin.com/news/en-kumex-cryptocurrency-contract-trading-platform-open-to-test-live-tradingFirst Round of KuCoin UpStake Has Concludedhttps://www.kucoin.com/news/en-first-round-of-kucoin-upstake-has-concludedCampaigns & PromosThe Fourth Round of KuMEX Simulated Rate of Return Competition Rewards Distributedhttps://www.kucoin.com/news/en-the-fourth-round-of-kumex-simulated-rate-of-return-competition-rewards-distributedWINk (WIN) Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-wink-win-trading-competition-rewards-distributedKuCoin Will Support The Trias (TRY) Lockup and Cash Back Programhttps://www.kucoin.com/news/en-kucoin-will-support-the-trias-try-lockup-and-cash-back-programListed ProjectsFortKnoxster (FKX) Gets Listed on KuCoin!https://www.kucoin.com/news/en-fortknoxster-fkx-gets-listed-on-kucoinEOSForce (EOSC) Gets Listed on KuCoin!https://www.kucoin.com/news/en-eosforce-eosc-gets-listed-on-kucoinKuCoin Tech UpdatesKuCoin Will Swap WAX To WAXPhttps://www.kucoin.com/news/en-kucoin-will-swap-wax-to-waxpKCS Team Completes Extra KCS Burn for the Fifth Weekhttps://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-fifth-weekKuCoin Will Add the BTT/USDT Trading Pairhttps://www.kucoin.com/news/en-kucoin-will-add-the-btt-usdt-trading-pairKuCoin Will Start the QuarkChain (QKC) MainNet Token Swaphttps://www.kucoin.com/news/en-kucoin-will-start-the-quarkchain-qkc-mainnet-token-swapKuCoin Weekly Report #49–11/8/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 08. 12

KuCoin Weekly Report #48–4/...

KuCoin NewsKuCoin Will Launch The KCS Lockup & Cash Back Program and Burn Planhttps://www.kucoin.com/news/en-kucoin-will-launch-the-kcs-lockup-cash-back-program-and-burn-planIntroducing EOSForce (EOSC) on KuCoin UpStakehttps://www.kucoin.com/news/en-introducing-eosc-on-kucoin-upstakeKCS Team Completes Extra KCS Burn for the Fourth Week of July 2019https://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-fourth-week-of-july-2019EOSC Soft Staking Official Rules — Cash Back Investment Program for EOSForce (EOSC) Holdinghttps://www.kucoin.com/news/en-eosc-soft-staking-official-rulesLOOM Soft Staking Official Rules — Cash Back Investment Program for Loom Network (LOOM) Holdinghttps://www.kucoin.com/news/en-loom-soft-staking-official-rulesCampaigns & PromosWINk (WIN) Trading Competition, 2,280,000 TRX + 62,800,000 BTT to Give Away!https://www.kucoin.com/news/en-wink-win-trading-competitionThe Fourth Round of KuMEX Simulated Rate of Return Competition: 10,000 KCS to Give Away!https://www.kucoin.com/news/en-kumex-rate-of-return-competitionKuCoin Completes Distribution of Airdropped Blockcloud (BLOC)https://www.kucoin.com/news/en-kucoin-completes-distribution-of-airdropped-blocThe Third Round of KuMEX Simulated Rate of Return Competition Rewards Distributedhttps://www.kucoin.com/news/en-the-third-round-of-kumex-simulated-rate-of-return-competition-rewards-distributedListed ProjectsWINk (WIN) Gets Listed on KuCoin!https://www.kucoin.com/news/en-wink-win-gets-listed-on-kucoinDero (DERO) Gets Listed on KuCoin!https://www.kucoin.com/news/en-dero-gets-listed-on-kucoinKuCoin Will List VideoCoin (VID) on August 27th! World Premiere!https://www.kucoin.com/news/en-kucoin-will-list-videocoin-vid-on-august-27th-world-premiereKuCoin BlogReal World Examples Of Smart Contracts And Blockchain Tech In Industryhttps://blog.kucoin.com/real-world-examples-of-smart-contracts-and-blockchain-in-industry/KuCoin Tech UpdatesST: KuCoin Delisting of Some Projectshttps://www.kucoin.com/news/en-st-kucoin-delisting-of-some-projects-190802KuCoin Will Support The QuarkChain (QKC) MainNet Token Swaphttps://www.kucoin.com/news/en-kucoin-will-support-the-qkc-mainnet-token-swapFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #48–4/8/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 08. 05

Oracle: Read Real-World Dat...

As Facebook was educating the U.S. Senate about cryptocurrency and blockchain, across the Pacific Ocean, Chinese Internet giant Alibaba’s subsidiary Ant Financial announced over 40 cases employing blockchain technology, proudly.By the way, we all know it’s THE U.S. Senate, the members of which were questioning Mark Zuckerberg about Facebook’s profitability given that the social network “remains free”.No hard feelings, my American friends. I simply hope to see regulatory and policy tailwind spread globally.If, however, I have to make another analogous US-Sino comparison like the one above, I found some references from Cointelegraph:I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity. — Donald Trump.A new generation of technology represented by artificial intelligence, quantum information, mobile communications, internet of things and blockchain is accelerating breakthrough applications. — Xi Jinping.But anyway, in a press conference on July 30, Geoff Jiang, a VP at Ant Financial, said the forty-ish use scenarios span product sourcing, tenement, contracting, logistics and charity. Impressive indeed.However, if I was there, I would really like to ask Jiang, out of curiosity more than anything, about the phase that calls the data from the real world and then processes the computation for the smart contract. The first half of this phase, to be specific.In the computer science area, there is a theory called Oracle Machine invented by Alan Turing, who is considered as the father of modern computers.This oracle, not the database software and technology provider Oracle Corporation, is used to study decision problems — the yes-or-no sort of questions rather than those that need actual computing.Regardless of the distinguished algorithm and output, the input must be data. Oracle is the gateway to such data.Let me give you an example.There is a blockchain-based insurance provider that offers flight delay insurance. Policy holders buy the insurance via the insurer’s DApp before the flight takes off. The schedule info is accordingly included in the smart contract for compensation, which would be triggered if it reads that there is a lag in the actual take-off time.But there are two issues that need to be addressed in this case:a) The smart contract runs in an environment relatively isolated from the real-world information;b) The on-chain data is relational, while the real-world data is random or arbitrary, needing to be standardized according to certain blockchain protocols.Oracle is able to cope with these two issues. In this case, it stands between the DApp and the data sources, which provide credible information from the real world that the delay actually happened.Now you might wonder, how do I know it’s credible information? Very good question — the insurance firm should hire you.Sorry. But yes, very true if it’s a centralized oracle, the risk of either side suffering from a malicious information source is higher. But what if the information comes from all the stakeholders? Other passengers, the airline, outbound airport, inbound airport, aeronautical satellite service provider, etc. Especially with reasonable incentives, I’d be surprised if the odds aren’t in favor of justice.How badly do we need oracle in blockchain?In the current era approaching Web 3.0, consider smart contracts as programs, and blockchain as a computer. What is the problem with this high-functioning computer?As we discussed above, smart contracts run in a sandbox environment. That said, this “computer” is one not connected to the Internet, so it can only process with data stored in its own hardware.So again, how badly do we need oracle? You tell me.Oracle: Read Real-World Data, Read The Future of Blockchain was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 08. 02

KuCoin Launches the KCS Loc...

On July 29, 2019, KuCoin, an IDG-backed cryptocurrency exchange, announced that it will launch the KCS Lockup & Cash Back Program and Burn Plan. The program will officially start on August 1. Users who lock up their KCS tokens will be able to receive an annualized rate of return up to 50%. This program is believed to promote the diversity of KCS ecosystem, enrich the rights of KCS users, and increase the market potential of KCS.According to the rules of the program, during the period from August 1 to August 31, 2019 (UTC+8), users will be able to join the program by withdrawing KCS to a specific wallet address. The lockup period will be 90 days. The minimum amount for a single lockup is 200 KCS while the daily maximum lockup amount per person is 10,000 KCS. The daily maximum lockup amount for the entire platform is 500,000 KCS, and when the total lockup amount reaches 5,000,000 KCS, users will not be able to lock their KCS.Staking economy is one of the hottest topics in 2019 and many well-known projects like ATOM, EOS and TRX are offering staking services. The annualized rate of return of staking is usually 6%-12%, while in the KCS Lockup & Cash Back Program, the highest annualized rate of return is up to 50%, with a minimum of 35%. The earlier you lock KCS, the higher the rate of return you will get. All the lockup revenue will be distributed along with the principal on day of unlocking.KuCoin also introduced the KCS Burn mechanism in this program. According to the announcement, KuCoin will additionally burn the same number of KCS based on the number of total KCS locked by all users. The burn plan will be implemented in December 2019.In addition, to further protect its investors, after the KCS unlocks, KuCoin will provide a service for repurchasing the user’s locked KCS at the price of 10% off the average KCS price (USDT price) on the day of the user’s lockup. Users can apply for repurchase services on their own.As the native token of KuCoin, the exchange has continuously introduced initiatives to empower KCS this year. KCS holders now can get a daily KuCoin Bonus and enjoy a trading fee discount. After the official release of KuMEX, the cryptocurrency contracts trading platform developed by the KuCoin team, the exchange will use 50% of the net revenue from KuMEX for KuCoin Bonus distribution to KCS holders.With the gradual adoption of blockchain technology, KCS has also begun to expand its use cases, enhancing its intrinsic value. Now, KCS can be used to get a loan on ETHLend, perform real-time transfers through ADAMANT Messenger, and play online games on PlayGame.com. With the recent collaboration with CoinPayments, KCS opened its door to over 2.4 million merchants worldwide.This move will further enhance the underlying value of KCS. KuCoin recently announced that it will upgrade its KuCoin Bonus Plan in the third quarter of this year, and before its launch, KuCoin will execute the Temporary KCS Buy Back and Burn Plan every week to accelerate the burn process of KCS.About KuCoin — The People’s ExchangeThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and has enjoyed steady growth into 2019. The KuCoin Exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018, ‘The People’s Exchange’ officially partnered with IDG Capital and Matrix Partners.Press ContactsKuCoin:media@kucoin.comwww.kucoin.comKuCoin Launches the KCS Lockup & Cash Back Program and Burn Plan was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 07. 29

KuCoin Weekly Report #47–28...

KuCoin NewsGBIC and Block72 Join Forces with KuCoin to be its Newest Global Ambassadorshttps://www.kucoin.com/news/en-gbic-and-block72-join-forces-with-kucoin-to-be-its-newest-global-ambassadors1st Round of KuCoin Selection Has Concludedhttps://www.kucoin.com/news/en-1st-round-of-kucoin-selection-has-concludedTOMO Soft Staking Official Rules — Cash Back Investment Program for TomoChain (TOMO) Holdinghttps://www.kucoin.com/news/en-tomo-soft-staking-official-rules-cash-back-investment-program-for-tomochain-tomo-holdingKCS Team Completes Extra KCS Burn for the Third Week of July 2019https://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-third-week-of-july-2019Campaigns & PromosKuMEX Simulated Rate of Return Competition: 10,000 KCS to Give Away!https://www.kucoin.com/news/en-kumex-rate-of-return-competitionARPA (ARPA) Listing Campaign Rewards Distributedhttps://www.kucoin.com/news/en-arpa-listing-campaign-rewards-distributedChiliz (CHZ) Listing Campaign Rewards Distributedhttps://www.kucoin.com/news/en-chz-listing-campaign-rewards-distributedThe Second Round of KuMEX Simulated Rate of Return Competition Rewards Distributedhttps://www.kucoin.com/news/en-the-second-round-of-kumex-simulated-rate-of-return-competition-rewards-distributedListed ProjectsBlockcloud (BLOC) Gets Listed on KuCoin!https://www.kucoin.com/news/en-blockcloud-bloc-gets-listed-on-kucoinKuCoin BlogWhat Is Soft Staking? KuCoin’s New Staking Programhttps://blog.kucoin.com/what-is-soft-staking-kucoins-new-staking-program/KuCoin Tech UpdatesKuCoin Will Start the WAX (WAX) MainNet Token Swaphttps://www.kucoin.com/news/en-kucoin-will-start-the-wax-mainnet-token-swapFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #47–28/7/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 07. 29

Miner or Staker? Nah. Miner...

Shxt happens.I am not referring to Facebook’s hearing over Libra, which doesn’t seem to be going so well. Neither am I referring to the plunge of Bitcoin’s price and market-cap over the past weeks, the former was once down to $9,100 from $13,000, while the latter just shrank by over $50 billion.Come on, of course I am referring to such news!But I am not so worried about it, not on a long-term horizon. If there’s a mess, we will clear it up and restart.Plus, although my faith never falters, positiveness just keeps strengthening it.Last night, I was hanging out with a bunch of college friends, one of whom is an artist. This guy paints, plays piano and a few other instruments, meditates, dates a girl researching Buddhism, and occasionally tries special herbs.My artist friend is now talking about blockchain and cryptocurrencies with me. This was not some small talk or something like “lemme give you some money and you make crypto investments for me”. We had very serious discussions over DeFi, Staking and related projects.One of the projects that he has been studying recently, and happens to be on my radar as well, is QuarkChain.His reason, which is pretty arbitrary, is that QuarkChain founder Qi Zhou used to be a Facebook software engineer, while mine is slightly more profound — it might be able to offer compatibility to Libra.Not just for Libra, as a matter of fact. Being an infrastructure solution provider, QuarkChain is designed to be compatible with most blockchains.The secret is sharding, but not just sharding alone.Many know about The Impossible Trinity of public chain, that it’s hard to achieve perfect scalability, security and decentralization simultaneously. And that’s when derivative solutions like sharding came up.Telling by its name, the logic of sharding technology is to break large tasks into smaller pieces, so that computing tasks will be processed in hundreds or even thousands parallel threads, greatly helping to address the bandwidth limitation.The top priority of sharding is to boost scalability, unquestionably. But what if there are premiums?QuarkChain’s specialty is in state sharding, a less dogmatic, more agile architecture of sharding. With that, shards could be composed by whichever dimension is required — consensus mechanism, trading module, ledger module and tokenomics.This agility is able to breach the ramparts between chains. There’s no wonder why it claims to offer compatibility with various chains.Its elasticity is not only embodied in the sharding structure, but also reflected in its capability to swiftly catch up with the trends, most recently DeFi, inter-blockchain and staking.Wait a minute, is it a travel adaptor or something? There’s no way it can be this multifunctional, it just can’t.Well, theoretically, it can, thanks to its dual-layer structure.The first layer comprises all the shards, the major function of which is bookkeeping. Just take it as a sub-chain if it helps understanding. The second layer is a root chain doing nothing else but validation.That said, without burdening the root chain (or the main chain), the first layer is adjustable in terms of the number of shards, as well as the features — it could be bespoke!In addition, QuarkChain has invented a consensus called Proof of Staked Work (PoSW), which combines the most typical features of PoS and PoW — staking and mining.Specifically, staked miners enjoy better mining efficiency than non-staked miners.That said, malicious nodes won’t be able to launch attacks unless they buy QKC at a large scale. This move would further boost the coin price and cost the attacker extra money, which would ultimately contribute to the stability of the QuarkChain network.Speaking of attacks, have I forgotten to mention its Boson consensus algorithm?With this algorithm, the computing power on the root chain always stands beyond 51%. Plus, all the validations take place on the root chain. Therefore, even if the malicious nodes want to take indirect approaches via shards, they won’t be able to break through the 51% computing power defense on the root chain.Now we see scalability and security, you might wonder where is the decentralization?To hedge against the risk of super nodes taking control of the network and arousing concerns over centralization, it allows group nodes that loop in multiple small-scale nodes, properly balancing decentralization and efficiency that secure the safety of the whole system.So, who says no staking for PoW? Oops.Max Liu and Jeffery Zhang has made significant contribution to this article.Miner or Staker? Nah. Miner AND Staker! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 07. 26

GBIC and Block72 Join Force...

July 23, 2019 — KuCoin, an IDG-backed international cryptocurrency exchange, announced today that well-known crypto fund GBIC and global consulting firm Block72 will join its Global Titan Ambassador program. The two leading blockchain organizations will work with KuCoin on the discovery and acceleration of early blockchain projects, as well as KuCoin and KCS ecosystem development.Established in New York in 2017, GBIC (Global Blockchain Innovative Capital) is actively investing in the United States, China, and Korea. These countries are leading the recent blockchain and cryptocurrency revolutions. Data collected by Thomson Reuters from the international patent organization showed that about 80% of the 406 blockchain patents in 2017 were from China, the U.S., and Korea. Meanwhile, according to Blockdata, more than half of the active blockchain projects are based in these three nations.GBIC is committed to incubating and empowering early-stage technology projects, with an investment philosophy that centers on blockchain, digital assets, and distributed ledger technology. It has invested in Aelf, Zilliqa, Cred, Thunder, Cortex, Theta, DATA, Storm, and other promising blockchain projects, while also helping the long-term growth of blockchain projects through its subsidiary Block 72. KuCoin, one of the most popular cryptocurrency trading platforms, has been known for its high standards when it comes to project listings, as well as the wide range of tradable digital assets. As of now, the platform has listed over 180 tokens with nearly 400 trading pairs, and many projects like Aergo, Metadium, and QuarkChain have chosen KuCoin to be their first exchange.“For exchanges, the quality of listed projects is always one of the core values, and for investors, trading on platforms that have a high listing standard can help mitigate the investment risk,” said Michael Gan, CEO at KuCoin. “From its inception, KuCoin has been dedicated to discovering and listing promising blockchain projects, and we believe by joining forces with GBIC and Block72, we can find more hidden gems and better assist them in going to the market.”Launched in August last year, the KuCoin Global Titan Ambassador Program is designed to partner top blockchain organizations with the platform to find the best blockchain and crypto projects. Through the partnership, projects suggested by ambassadors will be checked by the KuCoin project operating team first and given fast-track treatment if approved for listing. NEO Global Capital (NGC), Breyer Labs, LFG Global, CV Labs, Tokengate and Block Crafters have previously been announced as KuCoin global ambassadors.To apply for your Global Titan Ambassador position, please fill out the form below:https://goo.gl/forms/RLbmNnHnclzB8WN82About KuCoin — The People’s ExchangeThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and has enjoyed steady growth into 2019. The KuCoin Exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018, ‘The People’s Exchange’ officially partnered with IDG Capital and Matrix Partners.About GBICGBIC (Global Blockchain Innovative Capital), established in New York in 2017, is a global crypto fund that is actively investing in the United States, China and Korea. GBIC has invested in Aelf, Zilliqa, Cred, Thunder, Cortex, Theta, DATA, Storm, and other promising blockchain projects and also helps the long-term growth of blockchain projects through its subsidiary Block 72. GBIC serves to connect major blockchain communities based on the global network based around Korea, China and the U.S.About Block72Block72 is a global consulting firm specializing in blockchain and distributed ledger technology. Our team is led by senior management from top global investment banks and management consulting firms such as McKinsey & Company, Ernst & Young, and HSBC. We conduct qualitative and quantitative analysis on promising blockchain projects from our primary offices in San Francisco, New York, Beijing, Shanghai and Seoul. Since the start of 2017, Block72 has worked with many top blockchain projects including Aelf, Algorand, Basic Attention Token, BitMax, Decentraland, Hedera Hashgraph, Ontology, Theta, Zilliqa.GBIC and Block72 Join Forces with KuCoin to be its Newest Global Ambassadors was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 07. 23

KuCoin Weekly Report #46–21...

KuCoin NewsKuCoin Mega Meetup Ho Chi Minh City to be Held on July 26thhttps://www.kucoin.com/news/en-kucoin-mega-meetup-ho-chi-minh-city-to-be-held-on-july-26thKCS Team Completes Extra KCS Burn for the Second Week of July 2019https://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-second-week-of-july-2019Campaigns & PromosARPA (ARPA) Listing Campaign, 380,000 ARPA to Give Away!https://www.kucoin.com/news/en-arpa-listing-campaign-380000-arpa-to-give-awayChiliz (CHZ) Listing Campaign: 3,000,000 CHZ to Give Away!https://www.kucoin.com/news/en-chiliz-chz-listing-campaign-3000000-chz-to-give-awayKuMEX Simulated Rate of Return Competition: 10,000 KCS to Give Away!https://www.kucoin.com/news/en-kumex-rate-of-return-competitionThe First Round of KuMEX Simulated Rate of Return Competition Rewards Distributedhttps://www.kucoin.com/news/en-the-first-round-of-kumex-simulated-rate-of-return-competition-rewards-distributedWirex Token (WXT) Net Buying Competition Rewards Distributedhttps://www.kucoin.com/news/en-wxt-net-buying-competition-rewards-distributedOrigo (OGO) Net Deposit Competition Rewards Distributedhttps://www.kucoin.com/news/en-ogo-net-deposit-competition-rewards-distributedListed ProjectsSero (SERO) Gets Listed on KuCoin!https://www.kucoin.com/news/en-sero-gets-listed-on-kucoinChiliz (CHZ) Gets Listed on KuCoin!https://www.kucoin.com/news/en-chiliz-chz-gets-listed-on-kucoinW Green Pay (WGP) Gets Listed on KuCoin!https://www.kucoin.com/news/en-w-green-pay-wgp-gets-listed-on-kucoinNOIA Network (NOIA) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-noia-network-noia-gets-listed-on-kucoin-world-premiereDapp.com (DAPPT) Gets Listed on KuCoin!https://www.kucoin.com/news/en-dapp-com-dappt-gets-listed-on-kucoinKuCoin BlogHow To Earn A Passive Income With Cryptocurrency: Proof Of Stakehttps://blog.kucoin.com/passive-income-with-cryptocurrency-proof-of-stake/KuCoin Tech UpdatesKuCoin Will Add the META/BTC Trading Pair and Delist the META/ETH Trading Pairhttps://www.kucoin.com/news/en-kucoin-will-add-the-meta-btc-pair-and-delist-the-meta-eth-pairRChain (RHOC) Trading and Withdrawal Services Openhttps://www.kucoin.com/news/en-rchain-rhoc-trading-and-withdrawal-services-openJune VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-june-vtho-distribution-for-vet-holders-completedJune ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-june-ong-distribution-for-ont-holders-completedJune GALA Distribution for ZPT Holders Completedhttps://www.kucoin.com/news/en-june-gala-distribution-for-zpt-holders-completedFollow The KuCoin CommunityEnglish Telegram: https://t.me/Kucoin_ExchangeChinese Telegram: https://t.me/KuCoin_Exchange_CNRussian Community: https://t.me/KuCoin_Exchange_RussiaSpanish Community: https://t.me/KucoinSpanishVietnamese Community: https://t.me/KuCoin_Exchange_VietnamTurkish Community: https://t.me/kucointurkiyeIndian Community: https://t.me/KuCoin_Exchange_IndiaItalian Community: https://t.me/KuCoin_Exchange_ItalyKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #46–21/7/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 07. 22

KuCoin Weekly Report #45–14...

KuCoin NewsMichael AMA @ TRON Community: Exchanges Are Naturally for Staking Serviceshttps://www.kucoin.com/news/en-michael-ama-tron-community-exchanges-are-naturally-for-staking-servicesKuMEX Launches The Contract Deskhttps://www.kucoin.com/news/en-kumex-launches-the-contract-deskKuCoin Derivatives Trading Platform KuMEX Goes Live, Offering 20x Leverage Bitcoin Perpetual Contracthttps://www.kucoin.com/news/en-kucoin-derivatives-trading-platform-kumex-goes-live-offering-20x-leverage-bitcoin-perpetual-contractPrint-ted Joins Forces with the KCS Ecosystem, Enabling Users to Buy Fashionable Products with KCShttps://www.kucoin.com/news/en-print-ted-joins-forces-with-the-kcs-ecosystem-enabling-users-to-buy-fashionable-products-with-kcsKCS Team Completes 7th Quarterly (Q2 2019) KCS Burnhttps://www.kucoin.com/news/en-kcs-team-completes-7th-quarterly-kcs-burnKCS Team to Extend Founders’ and Angel Investors’ Token Lock-Up Period for an Additional Yearhttps://www.kucoin.com/news/en-kucoin-to-extend-founders-and-angel-investors-token-lock-up-period-for-an-additional-yearKCS Team Completes Extra KCS Burn for the First Week of July 2019https://www.kucoin.com/news/en-kucoin-completes-extra-kcs-burn-for-the-first-week-of-july-2019Apex Trader Partners with The People’s Exchange — KuCoinhttps://www.kucoin.com/news/en-apex-trader-partners-with-the-peoples-exchange-kucoinCampaigns & PromosKuMEX Simulated Rate of Return Competition: 10,000 KCS to Give Away!https://www.kucoin.com/news/en-kumex-rate-of-return-competitionWirex Token (WXT) Net Buying Competition: 1,000,000 WXT to Give Away!https://www.kucoin.com/news/en-wirex-token-wxt-net-buying-competition-1000000-wxt-to-give-awayOrigo (OGO) Net Deposit Competition: 200,000 OGO to Give Away!https://www.kucoin.com/news/en-origo-ogo-net-deposit-competition-200000-ogo-to-give-awayKuCoin x BitUniverse — IoTeX (IOTX) Grid Trading Competition : 750,000 IOTX to Give Awayhttps://www.kucoin.com/news/en-kucoin-bituniverse-iotx-grid-trading-competitionListed ProjectsOrigo (OGO) Gets Listed on KuCoin!https://www.kucoin.com/news/en-origo-ogo-gets-listed-on-kucoinThe Forbidden Forest (FORESTPLUS) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-the-forbidden-forest-forestplus-gets-listed-on-kucoin-world-premiereBOLT (BOLT) Gets Listed on KuCoin!https://www.kucoin.com/news/en-bolt-gets-listed-on-kucoinARPA (ARPA) Gets Listed on KuCoin!https://www.kucoin.com/news/en-arpa-gets-listed-on-kucoinKuCoin BlogWhat Are Cryptocurrency Paper Wallets Used For?https://blog.kucoin.com/paper-wallet-crypto/Solve.Care (SOLVE) Project Updates Research and Information For KuCoin Usershttps://blog.kucoin.com/solve-care-solve-gets-listed-on-kucoin-further-information-and-promotion-details/NIX (NIX) Research, Project Updates, News and Information For KuCoin Usershttps://blog.kucoin.com/nix-token-listing-information-research-project-updates-kucoin/KuCoin Tech UpdatesKuCoin to Support the TRC20 based USDT Incentive Plan (TRC20 based USDT Airdrop)https://www.kucoin.com/news/en-kucoin-to-support-the-usdt-tron-incentive-plan-2NRG Soft Staking Official Rules — Cash Back Investment Program for Energi (NRG) Holdinghttps://www.kucoin.com/news/en-nrg-soft-staking-official-rules-cash-back-investment-program-for-energi-nrg-holdingONION Soft Staking Official Rules — Cash Back Investment Program for DeepOnion (ONION) Holdinghttps://www.kucoin.com/news/en-onion-soft-staking-official-rules-cash-back-investment-program-for-deeponion-onion-holdingNULS Soft Staking Official Rules — Cash Back Investment Program for NULS (NULS) Holdinghttps://www.kucoin.com/news/en-nuls-soft-staking-official-rules-cash-back-investment-program-for-nuls-holdingNEBL Soft Staking Official Rules — Cash Back Investment Program for Neblio (NEBL) Holdinghttps://www.kucoin.com/news/en-nebl-soft-staking-official-rules-cash-back-investment-program-for-neblio-nebl-holdingST: KuCoin Delisting of Some Projectshttps://www.kucoin.com/news/en-st-kucoin-delisting-of-some-projects-190709KuCoin Adds ETN/USDT Trading Pairhttps://www.kucoin.com/news/en-kucoin-adds-etn-usdt-trading-pairJuly BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-july-btt-airdrop-distribution-for-trx-holders-completedFollow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #45–14/7/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 07. 14

KuCoin Derivatives Trading ...

KuCoin Derivatives Trading Platform KuMEX Goes Live, Offering 20x Leverage Bitcoin Perpetual ContractJuly 8th, 2019 — KuCoin, an IDG-backed cryptocurrency exchange, today announced that the public beta of its derivatives trading platform KuMEX has been launched. KuMEX will firstly open the Bitcoin Perpetual Contract (XBTUSDM) and offer up to 20x leverage. To celebrate the launch, KuMEX will initiate a trading competition, with 10,000 KCS being offered as rewards for users according to their return rate ranking. After the official release of KuMEX, the platform will use 50% of the net revenue from KuMEX for KuCoin Bonus distribution to KCS holders.Derivatives like Futures Are Conquering the Crypto MarketAt the beginning of 2018, the whole cryptocurrency market entered into a bear run and the spot market was shrinking, with price drops for most tokens. That lead to the booming of the cryptocurrency futures market. For instance, CME’s Bitcoin futures contract has increased daily trading volume by 220% since December 2017.Despite the cryptocurrency derivatives market being slightly over half of the crypto-to-crypto and fiat-to-crypto markets, in the traditional finance world, derivatives are a much bigger market compared to equity. According to Visual Capitalist, in August 2018, the total cryptocurrency market capitalization was approximately $250 billion, whereas the total value of global stock markets amounts to $73 trillion. Furthermore, comparing the stock markets to the derivatives worth $544 trillion, we can truly see that cryptocurrency derivatives are just in their early days.KuMEX, a Genuine and Advanced Derivatives Platform Goes LiveAs more and more crypto exchanges begin to enter the derivatives market, KuMEX, which has been independently developed by a dedicated team, officially launched on July 8th. KuMEX will firstly open the Bitcoin Perpetual Contract (XBTUSDM) which is quoted in USD, denominated in Bitcoin and offers up to 20 times leverage. The platform currently supports three types of order: limit order, market order and stop order.Compared with other major derivatives exchanges, KuMEX has made many innovations and improvements in creating a fair trading environment and lowering the threshold for investors.The Bitcoin Spot Index used by KuMEX is the volume-weighted average US dollar price of Bitcoin in 6 exchanges including Coinbase Pro, Bitstamp, Kraken, Gemini, Liquid and Bittrex. Including the figures from more platforms will make the index price on KuMEX more fair and rigorous, avoiding the user’s contract being liquidated because of the low liquidity of the trading platform or the large price fluctuations of one or two spot exchanges.In terms of the risk management mechanism, KuMEX has an Insurance Fund as well as an Auto-Deleveraging (ADL) mechanism. The Insurance Fund is fully transparent and the balance will be disclosed on the platform on a daily basis. This fund ensures that investors who are forced to close their positions will not lose money that exceeds their position margin. When the Insurance Fund is insufficient, many platforms now adopt a Socialised Loss mechanism, and the Auto-Deleveraging (ADL) adopted by KuMEX can effectively avoid the inflexibility over settlement in Socialised Loss mechanism.In addition to the more complicated operations and higher risk, another reason for the low penetration rate of derivatives in the crypto world is that major exchanges often set certain investment thresholds. For example, OKex and Huobi’s minimal BTC contract value is 100 USD. In order to allow more retail investors to become familiar with and participate in derivatives investment, KuMEX has greatly reduced the investment threshold. The XBTUSDM contract value is 1 USD, which enables traders to make a more flexible investment. At the same time, KuMEX offers a negative fee for Makers at a rate of -0.025% with a certain amount of fixed commission, encouraging users to provide liquidity to the platform through making the market and earning some commission as an incentive.Michael Gan, CEO at KuCoin, said: “Compared to the spot market, derivatives are much riskier due to the leverage used, so we are more cautious in providing such services. KuMEX is a derivative trading platform independently developed by our team, and from its inception, we have positioned it as a genuine and advanced financial product, so that all users can trust the platform and trade on it freely, without worrying about the loss caused by any form of manipulation. Following our crypto-to-crypto and P2P OTC platform, KuMEX’s launch complements our ecosystem, allowing us to provide a one-stop service to crypto investors.”To celebrate the public beta launch of KuMEX, a trading competition has been initiated. The platform will deposit 1 XBT (that is, 1 BTC) into each user’s account for simulated trading. During the activity, KuMEX will prepare 10,000 KCS as rewards for users according to their return rate ranking.50% Revenue for KuCoin Bonus, Further Boosting Intrinsic Value of KCSAs the native token of KuCoin, KuCoin Shares (KCS) have always played an important role. KCS Holders can get a daily KuCoin Bonus, and enjoy a trading fee discount. With the gradual adoption of blockchain technology, KCS has also begun to expand its use cases, enhancing its intrinsic value. Now, KCS can be used to get a loan on ETHLend, perform real-time transfers through ADAMANT Messenger, and play online games on PlayGame.com. With the recent collaboration with CoinPayments, KCS opened its door to over 2.4 million merchants worldwide.On KuMEX, KCS will also be the only native token and burning fuel. After the official release of KuMEX, the platform will use 50% of the net revenue from KuMEX for KuCoin Bonus distribution for KCS holders. This move will further enhance the underlying value of KCS. KuCoin recently announced that it will upgrade its KuCoin Bonus Plan in the third quarter of this year, and before its launch, KuCoin will execute the Temporary KCS Buy Back and Burn Plan every week to accelerate the burn process of KCS.About KuCoin — The People’s ExchangeThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and has enjoyed steady growth into 2019. The KuCoin Exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018, ‘The People’s Exchange’ officially partnered with IDG Capital and Matrix Partners.Press ContactsKuCoin:media@kucoin.comwww.kucoin.comKuCoin Derivatives Trading Platform KuMEX Goes Live, Offering 20x Leverage Bitcoin Perpetual… was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 07. 08

KuCoin Weekly Report #44–7/...

KuCoin NewsSoft Staking — Cash Back Investment Programhttps://www.kucoin.com/news/en-soft-staking-cash-back-investment-programKuCoin Launches The OTC Trading Deskhttps://www.kucoin.com/news/en-kucoin-launches-the-otc-trading-deskConstant Joins Forces with the KCS Ecosystem, Enabling Users to Borrow USD or VND on Its P2P Lending Platformhttps://www.kucoin.com/news/en-constant-joins-forces-with-the-kcs-ecosystem-enabling-users-to-borrow-usd-or-vnd-on-its-p2p-lending-platformKuCoin’s Newest Ambassador — Block Craftershttps://www.kucoin.com/news/en-kucoin-newest-ambassador-block-craftersKuMEX Cryptocurrency Derivatives Trading Platform Will Go Livehttps://www.kucoin.com/news/en-kumex-cryptocurrency-derivatives-trading-platform-will-go-liveCampaigns & PromosSimplex Transaction Fee Discounthttps://www.kucoin.com/news/en-simplex-transaction-fee-discountCryptoindex (CIX100) Trading Lottery Competition Rewards Distributedhttps://www.kucoin.com/news/en-cryptoindex-cix100-trading-lottery-competition-rewards-distributedJarvis+ (JAR) Net Buying Competition Rewards Distributedhttps://www.kucoin.com/news/en-jarvis-jar-net-buying-competition-rewards-distributedListed ProjectsWirex Token (WXT) Gets Listed on KuCoin!https://www.kucoin.com/news/en-wirex-token-wxt-gets-listed-on-kucoinCardano (ADA) Gets Listed on KuCoin!https://www.kucoin.com/news/en-cardano-ada-gets-listed-on-kucoinZcash (ZEC) Gets Listed on KuCoin!https://www.kucoin.com/news/en-zcash-zec-gets-listed-on-kucoinKuCoin BlogBlockchain AI Use Cases: The Future Of Artificial Intelligencehttps://blog.kucoin.com/blockchain-ai-use-cases-the-future-of-artificial-intelligence/KuCoin Tech UpdatesKuCoin Will Suspend ETN Deposit and Withdrawal Serviceshttps://www.kucoin.com/news/en-kucoin-will-suspend-etn-deposit-and-withdrawal-servicesKuCoin Will Add the R/USDT Trading Pair and Delist the R/ETH Trading Pairhttps://www.kucoin.com/news/en-kucoin-will-add-the-r-usdt-trading-pair-and-delist-the-r-eth-trading-pairKuCoin Will Execute a Temporary KCS Buy Back and Burn Planhttps://www.kucoin.com/news/en-kucoin-will-execute-a-temporary-kcs-buy-back-and-burn-planFollow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #44–7/7/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 07. 08

Soft Staking: High-yield an...

I am from a true gourmet city, and yet, I am astonished by the Taiwanese night market food, once again.Beef noodle, in spite of being high-carb, is served as an appetizer. The main courses include, but are not limited to, Taiwanese sausage with sticky rice, grilled squid, deep-fried chicken cutlets, salt chicken, and braised pork knuckle. Last but not least, desserts are grass jelly, mochi, mango shaved ice, snowflake ice, and adzuki bean with milk ice.Don’t get me wrong, these foods were consumed by the KuCoin delegation attending the Asia Blockchain Summit 2019 — there were four of us.I still remember last time when I traveled around this beautiful island alone, and I had to choose no more than two options (three at most) from dozens of tasty foods every dinner. Too bad I am not a food fighter. So frustrating.But not this time!We shared so that we could all try the various delicacies, so there was absolutely no need to make tough choices, just like the staking solution KuCoin’s new product line Soft Staking offers.Fine, this is another hard-sell advertisement. However, it’s one that offers a pretty decent investment return, with quite loose terms. Let me elaborate.In my last Staking piece posted on May 31, we discussed the major feature of Staking — very much similar to the fixed-income asset in the traditional financial world.“Fixed” is the keyword here: a) the investor is not supposed to move the asset from where it’s kept in custody; b) the investor will be paid a pre-determined interest income; c) for a pre-decided period of time.Most of the current Staking schemes are not much different from that. Pretty tough terms, huh?That’s why we tried to soften it: a) users can withdraw their tokens stored in the Soft Staking scheme whenever they choose to; b) they can still get the interest income on a daily basis; c) no minimum staking period, so users can make the deposit today and withdraw the tokens tomorrow.With that, users’ demand of trading for capital gain and staking for dividend are perfectly taken care of.Now you might wonder, with such generous terms on withdrawal, what interest rate could it possibly offer? A demand deposit account holder is offered 0.35% of the annualized rate in China, for your reference.Well, some projects in our Soft Staking Program are able to offer 6% to 12% of the annualized return rate, while Poloniex offers 3% to 10% return rate within a similar package.But wait, some might find the 6%-12% ROI not satisfying enough, and still aim at potential capital gain by trading their tokens when the market revives, just like our CEO Michael said at the Asia Blockchain Summit 2019 in Taipei:“The reason that Staking is so popular, I think, is partly because in a rather bearish market, the investment options for users are limited. Frankly, I don’t know for how long this momentum would last.”True, it’s very hard to hold up to a play-safe and risk-averse appetite, especially in the recent market recovery.Thus, when users find themselves in the mood for trading, the anytime-withdrawal service that Soft Staking offers gives them a chance to make some gains between fluctuations — or, maybe the chance to learn an expensive lesson. Lol. Sorry.Despite the slight uncertainty about the future of the Staking economy, Michael is (as we all are) affirmatively optimistic on the influence of this model from a profound perspective:“Innovation, no matter in technology or business model, are always helpful to attract more attention to the crypto world from the outside, and that will ultimately lead to fundamental improvement. We might see killer blockchain applications sooner than we expected.”In this sense, I see every reason for us to make this innovation based on the Staking economy. And there is genuine demand from the market that we should make no hesitation to cater to.Plus, as I mentioned in my last Staking-related post, when we escrow our tokens to others, individual or institution, we want someone trustworthy in terms of both morality and security technology. Dealing with hundreds of millions of dollars worth assets every day, I cannot think of a more secured staking pool than an exchange.Therefore, the tokens are in good hands. You can enjoy a stable dividend income, while still having the liberty to take them out anytime.So yes, you can have your cake and eat it too. Isn’t it a thoughtful product we offer?Soft Staking: High-yield and Anytime-withdrawal? Yes, You May. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 07. 05

KuCoin Weekly Report #43–30...

KuCoin NewsCryptohopper Announces a New Partnership with KuCoinhttps://www.kucoin.com/news/en-cryptohopper-announces-a-new-partnership-with-kucoinKuCoin OTC Will Begin Trial Operation on July 2nd, 2019https://www.kucoin.com/news/en-kucoin-otc-will-begin-trial-operation-on-july-2nd-2019Splinterlands Joins Forces with KCS Ecosystem, Enabling Users to Buy Monster Card Packs in Online Gamehttps://www.kucoin.com/news/en-splinterlands-joins-forces-with-kcs-ecosystem-enabling-users-to-buy-monster-card-packs-in-online-gameKuCoin’s Newest Ambassador — Block Craftershttps://www.kucoin.com/news/en-kucoin-newest-ambassador-block-craftersCampaigns & PromosCryptoindex (CIX100) Trading Lottery Competition: 37,500 CIX100 to Give Away!https://www.kucoin.com/news/en-cryptoindex-cix100-trading-lottery-competition-37500-cix100-to-give-awayPIVX (PIVX) Campaign Rewards Distributedhttps://www.kucoin.com/news/en-pivx-campaign-rewards-distributedNeutral Dollar (NUSD) International Grid Trading Competition Rewards Distributedhttps://www.kucoin.com/news/en-neutral-dollar-nusd-international-grid-trading-competition-rewards-distributedListed ProjectsTezos (XTZ) Gets Listed on KuCoin!https://www.kucoin.com/news/en-tezos-xtz-gets-listed-on-kucoinCryptoindex (CIX100) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-cryptoindex-cix100-gets-listed-on-kucoin-world-premiereNEM (XEM) Gets Listed on KuCoin!https://www.kucoin.com/news/en-nem-xem-gets-listed-on-kucoinVolume Network Token (VOL) Gets Listed on KuCoin!https://www.kucoin.com/news/en-volume-network-token-vol-gets-listed-on-kucoinKuCoin BlogLightning Network: The Off-Chain Solution To Bitcoin Scalabilityhttps://blog.kucoin.com/lightning-network-off-chain-solution-to-bitcoin-scalability/Follow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #43–30/6/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 07. 01

Make a Toast to the Market ...

It’s really funny that people can always think of that one drinker friend who never seems to be affected by alcohol. I used to drink beer with a friend — a very invigorating guy that could easily smash me in a drinking competition. If I would ever participate in one with him, that is.I got so curious that I couldn’t help asking him: “How much can you actually drink?” He said: “You mean for how long can I drink?”Right, I was watching him drink draught beer non-stop for three hours and he was still as sober as a judge.But anyway, my focus is beer. Even a non-drinker would know that the proper amount of foam makes a beer taste better. Similarly, a proper bubble gingers up the financial market. But, with too much froth, the market would deteriorate.Over the past 7 days, the world has seen 30% gains in both price and market-cap of Bitcoin, with the price shortly topping $13,000 — a 17-month high — on Thursday. Is the bullish market really back?Looking closely, there were multiple indicators of this marked market rally.Early this month, derivatives giant CME released research showing a 27% month-on-month jump in average daily volume in May. There were 223 newly-opened trading accounts that month, implying a notably strengthening institutional interest.A Wall Street Journal report published late last week echoed CME’s finding: “There are more institutional investors and hedge funds trading Bitcoin now than 2017. They are also among the prominent players trading futures, which in the US have seen rising trading volume on CME Group Inc,” the article read.Despite the rather dramatic market pump, analysts seem to agree that the fear-of-missing-out (FOMO) sentiment will continue, as the recent tide was mainly driven by big players. The peak won’t come until the market sees a mass inflow of retail investors.But some are hiding the second half of the story: when the spree escalates and mania spreads, we are so much more likely to be manipulated by greed and fear. And that’s when the turning point emerges.It is so cliché to say half-heartedly: don’t rush into the market recklessly just because everyone else you know is doing so; or don’t be scared off by the zealotry, there’s room for the market to boom.If it’s the first case, we might miss a lifetime opportunity of fortune, while the latter might cost you your life savings. Some might roll their eyes: “Save it, exaggeration doesn’t help, should I catch up with the trend or not?”You should. But please don’t forget the lessons of feverish markets and outrageously overvalued assets — the historic and expensive ones.Tulip Mania. In a word, this is a story about the flower, which basically doesn’t have intrinsic value, being speculatively traded — the price of which was boosted insanely high.In the very beginning, given the scarcity, tulips were just a pricy and fashionable luxury item exclusively for the riches in Netherland. Later on, nation-wide speculation went rogue and the price of one tulip bulb skyrocketed from 1000 florins to 20,000 florins. Then, it equaled a wagon and even several horses.Everyone — from noblemen and businessmen, to fishermen, workers and handmaidens — were crazy for this “asset”, and so traded their properties and savings for this beautiful little short-lived flower.The most ridiculous part of the story — perhaps the most vicious part — was that people established a tulip trading sector on the Amsterdam securities exchange.And we all know how this craze ended.Mississippi Bubble. The trick to this one was disguised a bit better. Following French King Louis XIV’s over-72-year reign and continuous wars, the country was nearly bankrupted. The Sun King’s successor had hired money printer John Law rather than cutting spending.The country’s economy was stimulated by the adequate liquidity in the financial market (there was something similar a few hundred years later, the Quantitative Easing) at first. But things soon went south.On the back of the economic prosperity, John Law led the establishment of an offshore business, Mississippi Company, thousands of miles away from France. He then issued stocks of the firm and successfully sold its story to the whole nation.It didn’t take too long for the French people to figure out the company was nothing but a shell company for their king to scam money from his people. They had no choice but to dump the Mississippi stocks.South Sea Bubble was almost the British version of the Mississippi Bubble, simultaneously happening cross border. The company’s stock appreciated steeply due to some unreal good news, evoking the whole nation’s greed, which further pushed up the stock price to the cliff.As for the investors, most were all-in and naturally felt on the edge all the time and could hardly stand a slight tease of the market sentiment. This ultimately led to mass bear raid. Fake hope will wither away after all.It’s human nature to conform and be emotional and greedy, otherwise there wouldn’t be the theory of Herd Behavior.But I just keep telling myself, Herd Behavior may significantly amplify under adverse situations rather than favorable circumstances.You might want to bear in mind as well.Make a Toast to the Market Rally, But Don’t Get Toasted! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 06. 28

KuCoin Weekly Report #42–23...

KuCoin NewsKuCoin AMA Series — Jarvis+ — Full Transcripthttps://www.kucoin.com/news/en-kucoin-ama-series-jarvis-full-transcriptKuCoin Meetup Seoul to be Held on June 27thhttps://www.kucoin.com/news/en-kucoin-seoul-meetup-to-be-held-on-june-27thKCS Ecosystem Page is Now Livehttps://www.kucoin.com/news/en-kcs-ecosystem-page-is-now-livehttps://medium.com/media/71a5a5c4be01dd10f587204e6cddefd6/hrefKuCoin — The Best Trading Platform For Cryptocurrency Projectshttps://www.youtube.com/watch?v=Nnnzk1Uk0EQDon’t miss your chance to win a total prize of 1.000 $KCS and 450.000 $PXG!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}Dear PlayGamers, Don't miss your chance to win a total prize of 1.000 $KCS and 450.000 $PXG! The Super Competition with KCS only 7 days left! So compete now and claim your prizes! https://t.co/i7MYp33egl Read More on👇 https://t.co/9TovgaIiwi #PlayGame $PXG $KCS #crypto — @playgame_pxgfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}KuCoin Global Meetup in IndiaCampaigns & PromosPIVX (PIVX) Holdings Competition: 20,000 PIVX To Give Away!https://www.kucoin.com/news/en-pivx-holdings-competition-20000-pivx-to-give-awayJarvis+ (JAR) Net Buying Competition: 670,000 JAR to Give Away!https://www.kucoin.com/news/en-jarvis-jar-net-buying-competition-670000-jar-to-give-awayListed ProjectsJarvis+ (JAR) Gets Listed on KuCoin! World Premiere!https://www.kucoin.com/news/en-jarvis-jar-gets-listed-on-kucoin-world-premiereKuCoin Announces Support for Binance Chain and Listing of BNBhttps://www.kucoin.com/news/en-kucoin-announces-support-for-binance-chain-and-listing-of-bnbPIVX (PIVX) Gets Listed on KuCoin!https://www.kucoin.com/news/en-pivx-gets-listed-on-kucoinAlgorand (ALGO) Gets Listed on KuCoin!https://www.kucoin.com/news/en-algorand-algo-gets-listed-on-kucoinKuCoin BlogThe Differences Between Market Making And Wash Tradinghttps://blog.kucoin.com/the-differences-between-market-making-and-wash-trading/COTI Project Overview And Analysis: In-Depth Reporthttps://blog.kucoin.com/coti-project-overview-and-analysis-in-depth-report/KuCoin Tech UpdatesKuCoin Update of Projects Listed in the KuCoin Plus Trading Areahttps://www.kucoin.com/news/en-kucoin-update-of-projects-listed-in-the-kucoin-plus-trading-area-190618KuCoin Will Support The WAX (WAX) MainNet Token Swaphttps://www.kucoin.com/news/en-kucoin-will-support-the-wax-mainnet-token-swapJune BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-june-btt-airdrop-distribution-for-trx-holders-completedMay VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-may-vtho-distribution-for-vet-holders-completedMay GALA Distribution for ZPT Holders Completedhttps://www.kucoin.com/news/en-may-gala-distribution-for-zpt-holders-completedMay NPXS Distribution for NPXS Holders Completedhttps://www.kucoin.com/news/en-may-npxs-distribution-for-npxs-holders-completedMay ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-may-ong-distribution-for-ont-holders-completedFollow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #42–23/6/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 06. 24

Stable Coin: No Absolute St...

Have you ever been trapped in your dream to the point that you subsequently miss your alarm clock, and consequently run late for work?The frustration of being chastised by your supervisor would be greatly offset if it was a sweet dream, or be significantly deteriorated if it was a terrifying one, like the one I had last night. I lived the world of a movie I watched many years ago, “In Time”.The film pictured a future in which time is the only currency, with the rich being able to live forever, while the poor, working extremely hard to survive, have just a few more hours.Unsurprisingly, the whole story is about a poor young man challenging the supreme power — the time banking system, then being hunted by the system watchdog — time keepers, to ultimately win over a beautiful girl — heir of a time bank.But I do like the part that human-beings physically stop aging at 25, as well as the sudden death that seems to be painless due to running out of its futuristic cash — time.The film does indeed hint at criticisms of the current capitalism ideology, built on a twisted and dire society hierarchy, where the gap between top and bottom is so big. But value judgement is not my topic today.Challenging the centralization of authority, being closely monitored by the watchdog, and living in a cashless society. Are all these not looking familiar? Especially following Facebook’s ambitious manifesto of serving its 2.7 billion (expected to increase) users with a convenient, cheap and efficient payment service using its stable coin Libra.Is it big news for the crypto world? Absolutely, yes.But is this coin so distinguished that it can actually take over the existing financial system — or the power to print money as more commonly stated — which, together with military power, can secure a certain sovereignty? Let’s see.Firstly, cryptocurrency is a great innovation, but mass adoption? It’s nowhere near ready.It is a smart move for Facebook to rush into the stable coin vertical given its massive user base. Value preservation is the core merit of the stable coin family, which has become increasingly appreciated after the crypto market turbulence.According to research entity Chainalysis, the total trading volume of global stable coins rocketed up to $82 billion from $12.5 billion between 2017 and 2018. Another research body The Block’s report read a fourfold increase over the past 12 months ending April.On top of using stable coins as a reserve method when they don’t want to trade much in a slow market, it also helps to open the gateway when the market revives and traders seek to increase their capital and cash in to secure their yields.Since the majority of the mainstream exchanges deal with crypto-to-crypto transactions only, investors have limited choice but to maintain a stable coin position.It is not hard to tell that stable coins are a rather in-group instrument of the crypto world, the population of which is hardly as much as 50 million, while the total population under the hundreds of sovereignties stands at 7.5 billion.Secondly, the stable coins are still backed by the real-world currencies issued by central banks, or securities issued by governments — sovereignty, in another word.Facebook’s Libra makes no exception. It’s backed by a reserve of real assets. By the way, it somehow sounds like philosophically irony to me. One is supposed to true-heartedly believe what he/she is about to do, and yet, it’s not “real” enough?The reserve consists of a basket of bank deposits and short-term government securities, bank notes, government bonds, and treasury bills most likely. Indeed, these assets are much less risky compared to stocks, communities or alternatives, but are they truly risk-free? Even as conservative as the Chinese government is, it isn’t ruling out the possibility of public bond default.When such changes take place, deliberately or not, the impact on stable coins would be fatal.Thirdly, it’s THE Facebook, man. How restricting would the regulation be? I can barely imagine. The US government, together with others, might require the firm to provide detailed data of every single transaction, big or small, not even bothering to seek balance between the value of anonymity and autonomy of blockchain and the anti-money laundering regulations.However, the world has heard the strong voice of Facebook, and has seen Mark Zuckerberg’s determination to contribute to this unstoppable trend of cryptocurrencies playing an increasingly important role in challenging and facilitating financial reform, and addressing the problem of financial disparity.For now, stable coins are stable to an extent. I expect to see absolute stability empowered by pure technology someday.Stable Coin: No Absolute Stability Until Disconnected from Real Assets was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 06. 21

KuCoin Weekly Report #41–16...

KuCoin NewsPundi X Joins Forces with KCS Ecosystem, Enabling KCS to Serve Mobile Payment Scenarioshttps://www.kucoin.com/news/en-pundix-joins-forces-with-kcs-ecosystemIntroducing the KuCoin Market Maker Program & Market Making Incentive Schemehttps://www.kucoin.com/news/en-introducing-the-kucoin-market-maker-program-and-market-making-incentive-schemeIntroducing the KuCoin Affiliate Programhttps://www.kucoin.com/news/en-introducing-the-kucoin-affiliate-programSuper Competition with KCS is Back!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}Super Competition with KCS is Back! #PlayGame collaborating again with @kucoincom give you chance to win total prize of 1.000 $KCS and 450.000 $PXG. Compete now and claim your prizes! https://t.co/Gcl0YsG36A Read More on 👇 https://t.co/9TovgaIiwi #PlayGame $PXG $KCS — @playgame_pxgfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Campaigns & PromosKuCoin x BitUniverse — Neutral Dollar (NUSD) International Grid Trading Competitionhttps://www.kucoin.com/news/en-kucoin-bituniverse-nusd-international-grid-trading-competitionChromia (CHR) Campaign Rewards Distributedhttps://www.kucoin.com/news/en-chromia-chr-campaign-rewards-distributedTomoChain (TOMO) Campaign Rewards Distributedhttps://www.kucoin.com/news/en-tomo-campaign-rewards-distributedCoti (COTI) Campaign Rewards Distributedhttps://www.kucoin.com/news/en-coti-campaign-rewards-distributedKuCoin BlogWhat Is Bitcoin Halving: Procedure And Predictionshttps://blog.kucoin.com/what-is-bitcoin-halving-procedure-and-predictions/KuCoin Tech UpdatesNRG/ETH And CHR/NUSD Trading Pairs Are Available on KuCoinhttps://www.kucoin.com/news/en-nrg-eth-and-chr-nusd-trading-pairs-are-available-on-kucoinAnnouncement: the Sparkster (SPRK) Project Listing has been Canceledhttps://www.kucoin.com/news/en-the-sparkster-sprk-project-listing-has-been-canceledFollow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #41–16/6/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 06. 17

Blockchain and DAG: Arch-Ri...

As much as I enjoy reading Bloomberg’s articles, I didn’t appreciate its latest report on the potential regulatory risk against the cryptocurrency world — the headline, to be precise, I personally found to be rather clickbait.Check this out — “Crypto Exchanges Are Facing Their Biggest Regulatory Hurdle Yet”.Let’s leave out the subjective and objective, which are neutral words. It’s the use of present tense and superlative adjective — how terrifying they sound!Fortunately, the actual wording of the report body reads much less hyperbolic and more rational.The core content focuses on the news that the intergovernmental organization Financial Action Task Force (FATF), which develops recommendations against money laundering and financing of terrorism, will publish a note of guidelines for virtual asset watchdogs later this month.For starters, FATF is not an institution with either legislative or law enforcement power, and the overseers make their own decision on whether to follow FATF’s guidelines, as well as when and how to regulate the industry.Secondly, it should be future tense when referring to the publishing of the FATF note, while the potential regulations might be even much further away. For now, it’s all up in the air.Last but not least, most of the crypto practitioners don’t deliberately choose the opposite stance against the regulators. With our pioneering spirit together with their experience of protecting the public good, I expect more of a “one plus one is greater than two” scenario.Similar cases were seen in comparisons between blockchain and directed acyclic graph (DAG) in the early days, when sentimental words like “versus” and “overcome” were frequently applied in relative contexts.To be honest, neither technology is perfect yet, nor could they be replaceable by each other. Rather, synergistically they work more nicely.Technically, DAG is not a successor or a derivative of blockchain technology. It is a concept initiated in mathematics and adopted in computer science. They do have features in common though.Similarly, vertices connected by arcs constitute a DAG, while blocks connected by edges constitute a blockchain. Plus, both vertices and blocks are ordered by time sequence.Then, you might be curious of why DAG is so different from blockchain.It goes straight back to the fundamental element of blockchain — the blocks. Every block, if we simplify it as pure data, is a collection of its own data and the previous block’s. Here, data stands for the transaction information of a certain type of cryptocurrency.That said, the latest block should contain all information of the transactions prior to itself.Also, as blockchain is used as a distributed ledger technology, one of its major features is immutability, since every transaction will be confirmed and recorded. Validating each block takes time, especially as the data accumulates.On average, the block times of Bitcoin, Litecoin and Ethereum stand at 10 minutes, 2.5 to 4 minutes and 15 seconds respectively.Assuming a block contains a fixed number of transactions, accordingly, the longer the block time is, the fewer transactions can be dealt per unit time (in seconds usually). Transaction per second (TPS) is the most widely applied indicator of the scalability of a certain system, of which BTC and ETH stand at (an underwhelming) single-digit and double-digit.DAG, on the other hand, is capable of addressing this drawback, courtesy of being block-less and able to conduct concurrent executions.In a DAG-based system, each vertex could represent a single transaction, and by randomly verifying a few previous transactions/vertices, a new vertex could successfully make itself part of the system.Thanks to the randomness of the confirmation process, multiple new vertices are able to simultaneously validate several early transactions.What’s even better is that as more vertices join the network, the system would show stronger scalability. In contrast, a standard blockchain is like a single stick that lengthens in a straight line, which makes concurrent execution impossible.Scalability is definitely not the only measurement of a blockchain’s performance, but it is indisputably a major one, given that BTC as an electronic cash was invented in the first place. Could you imagine if it took 10 minutes to complete a transaction on e-commerce platforms like Taobao?And DAG is certainly not the only scalability solution, but it surely helps to make VISA’s 24K TPS a much less unachievable target for blockchains. So, why not give it a shot?Blockchain and DAG: Arch-Rival or 1+1>2? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 06. 14

KuCoin Weekly Report #40–9/...

KuCoin NewsKuCoin AMA Series — COTI — Full Transcripthttps://www.kucoin.com/news/en-kucoin-ama-series-coti-full-transcriptWhopper Joins the KCS Ecosystem, Bringing Custom KCS Cold Storage Cardhttps://www.kucoin.com/news/en-whopper-joins-the-kcs-ecosystemKuCoin Meetup Mumbai to be held on June 23rdhttps://www.kucoin.com/news/en-kucoin-meetup-mumbai-to-be-held-on-june-23rdCampaigns & PromosKuCoin x BitUniverse — Neutral Dollar (NUSD) International Grid Trading Competitionhttps://www.kucoin.com/news/en-kucoin-bituniverse-nusd-international-grid-trading-competitionTomoChain (TOMO) Trading Competition — 13,000 TOMO + 3,000 NUSD to Give Away!https://www.kucoin.com/news/en-tomo-trading-competition-13000-tomo-3000-nusd-to-give-awayCOTI Listing Campaign — 555,555 COTI to Give Away!https://www.kucoin.com/news/en-coti-listing-campaignNeutral Dollar (NUSD) Follow and Retweet Competition Rewards Distributedhttps://www.kucoin.com/news/en-nusd-follow-and-retweet-competition-rewards-distributedCosmos (ATOM) Campaign Rewards Distributedhttps://www.kucoin.com/news/en-cosmos-atom-campaign-rewards-distributedOcean Protocol (OCEAN) Campaign Rewards Distributedhttps://www.kucoin.com/news/en-ocean-campaign-rewards-distributedListed ProjectsAnnouncement of Completion of COTI Lottery Draw and Opening of Trading Servicehttps://www.kucoin.com/news/en-announcement-of-completion-of-coti-lottery-draw-and-opening-of-trading-serviceKuCoin BlogBlockchain Use Cases In The Healthcare Industryhttps://blog.kucoin.com/blockchain-use-cases-in-the-healthcare-industry/KuCoin Tech UpdatesTOMO/USDT And TOMO/NUSD Trading Pairs Are Available on KuCoinhttps://www.kucoin.com/news/en-tomo-usdt-and-tomo-nusd-trading-pairs-are-available-on-kucoinKuCoin Delisting of Aphelion (APH) Projecthttps://www.kucoin.com/news/en-kucoin-delisting-of-aphFollow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #40–9/6/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 06. 10

Meditation on Weekly Crypto...

Although us crypto start-up workers don’t really clock in or clock out — yep, 996 working-hours are so out, we’re on standby 24/7 — I am actually seriously running late for work!As much as I want to yell at the obvious green-hand driver of Didi Chuxing (Uber-like ride hailing app) who is driving slow like a sloth, I manage to maintain my composure. Safety is most important, after all.In order to make the commute less boring, I started to round up the top news of this week, trying to look past the surface and read between the lines, ideally seeing the bigger picture.Hmmm, it sounds a bit like fortune-telling, or at least connecting dots. But never mind, let’s start with what seems to be the least relevant news.Jerome H. Powell, the current US Federal Reserve chair, said earlier this week that the Fed “will act as appropriate to sustain the [economic] expansion” given President Trump’s trade disputes with multiple nations including China and Mexico.Mr. Powell’s remarks were interpreted as a strong signal of a possible interest rate cut, sending the US stock market soaring straight away. Since Tuesday, Dow Jones Industrial Average, Nasdaq Composite and S&P 500 Index all climbed by three percent.How does this connect to the crypto world?Lower interest rates indicate lower cost of funds. Wall Street guys would have no hesitation in borrowing more money and re-investing in higher-yield but riskier assets, among which cryptocurrency could be a decent option.The second piece of news that drew my attention read that Facebook and the US Commodity and Futures Trading Commission (CFTC) started a discussion over the former’s ongoing stable coin project (namely GlobalCoin).Under its blockchain program Project Libra, the world’s largest social media firm aims to allow its users to make cross-border money transfers easily and economically via GlobalCoin.With its 2.7 billion global users (WhatsApp, Facebook and Instagram together), the stable coin, which is reportedly backed by a portfolio of fiat currencies including US dollar, will be born popular.I wonder if the outstanding stable coin projects would feel deterred.Nevertheless, a $480 billion-worth public company, no matter how much cash it holds to burn, won’t be doing anything nonsensical. Plus, no matter how much the Zuckerberg couple are into charity, he has a business to run and thousands of shareholders to impress.The third piece of news — or as some may prefer to call it, a show — read that a Chinese 90s-born crypto celebrity won a $4,567,888 bid for the Warren Buffett Lunch. My feelings are mixed to be honest.Mr. Buffett has experiences, not necessarily pleasant ones, having charity lunches with Chinese businessmen. One ended up being investigated by the Chinese stock market watchdog and had assets frozen.Controversies over the young Buffett Lunch bidder never stopped since his debut in Chinese crypto field in late 2013 by pooling investments from domestic VCs and high net wealth individuals targeting Ripple, thanks to his histrionic personality.It is too early to tell whether the path in front of Mr. Sun will lead to a brighter future or a rather shady one, but the pros and cons of his move are crystal clear.The downside is that the reputation of the crypto industry (and possibly the blockchain technology part of this world too) may teeter further, which may encourage the blind criticism of crypto haters and scare off those who want to test the waters, as they may interpret the fancy PR event as one man’s vanity, a group of people’s gimcrackery, and moreover, an industry’s incredibility.The upside is that the eye-catching event will also draw great attention to our world from outside. It will surely lure in short-term speculators, but will also inspire interested individuals who may become true blockchain believers later on.There is also the fourth piece of news this week, not really news as far as I am concerned, since the price of cryptocurrencies fluctuate very frequently. The BTC price dropped by $500 within 90 minutes on June 4, and my trader friend expects further corrections.This doesn’t mean volatilities on the secondary market are not worth noticing. Not at all, as I shared before, learning technical analysis skills from professional and institutional traders are vital (otherwise, why would we add various order types to our trading engine).But I would very much like to re-emphasize that we should see the industry with a long-term horizon. The dots are there, faith can map out more and eventually connect them all to make the bigger picture.Meditation on Weekly Crypto News: See the Dots, Read the Future was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 06. 07

KuCoin Weekly Report #39–2/...

KuCoin NewsCoinPayments Joins KCS Ecosystem, Enabling 2.4M Merchants to Accept KCShttps://www.kucoin.com/news/en-coinpayments-joins-kcs-ecosystemBabelBank and KuCoin Strategic Partnershiphttps://www.kucoin.com/news/en-babelbank-and-kucoin-strategic-partnershipAnnouncement of Coti (COTI) Token Sale on KuCoin Spotlighthttps://www.kucoin.com/news/en-announcement-of-coti-token-sale-on-on-kucoin-spotlightKuCoin AMA Series — Chromia — Full Transcripthttps://www.kucoin.com/news/en-kucoin-ama-series-chromia-full-transcriptSwirlPay Joins the KCS Ecosystem, Enabling Users to Shop Online Using KCShttps://www.kucoin.com/news/en-swirlpay-joins-the-kcs-ecosystem-enabling-users-to-shop-online-using-kcsParticipate in the COTI AMA on June 3rd & Share 10,000 COTI!https://www.kucoin.com/news/en-participate-in-the-coti-ama-on-june-3rd-share-10000-cotiCampaigns & PromosKuCoin Will Launch the CHR Listing Campaign — 500,000 CHR to Give Away!https://www.kucoin.com/news/en-kucoin-will-launch-the-CHR-listing-campaignOcean Protocol (OCEAN) Trading Competition, 3 BTC + 200,000 OCEAN to Give Away!https://www.kucoin.com/news/en-ocean-protocol-ocean-trading-competitionCosmos (ATOM) Deposit and Trading Competition: 40,000 KCS + 2,800,000 TRY to Give Away!https://www.kucoin.com/news/en-cosmos-atom-deposit-and-trading-competitionNeutral Dollar (NUSD) Campaign Rewards Distributedhttps://www.kucoin.com/news/en-nusd-campaign-rewards-distributedListed ProjectsAnnouncement of Completion of CHR Lottery Draw and Opening of Trading Servicehttps://www.kucoin.com/news/en-announcement-of-completion-of-chr-lottery-draw-and-opening-of-trading-serviceFunction X (FX) Gets Listed on KuCoin!https://www.kucoin.com/news/en-function-x-fx-gets-listed-on-kucoinNimiq (NIM) Gets Listed on KuCoin!https://www.kucoin.com/news/en-nimiq-nim-gets-listed-on-kucoinKuCoin BlogNimiq (NIM) Research and Information For KuCoin Usershttps://blog.kucoin.com/nimiq-nim-token-listing-information-research-project-updates-kucoin/KuCoin Tech UpdatesKuCoin Will Open The Withdrawal Service of MultiVAC (MTV)https://www.kucoin.com/news/en-kucoin-will-open-the-withdrawal-service-of-mtvST: KuCoin Delisting of Some Projectshttps://www.kucoin.com/news/en-st-kucoin-delisting-of-some-projects-190528Follow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #39–2/6/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 06. 03

Staking, High-yield and Ris...

Yesterday after work, quite late at night, I bought half a dozen banana tarts for my kids, hoping to make up for missing the game time I promised them a day before. But it was so late that my one-year and three-year boys were long asleep.So, what’s the ending for those six tarts?It was a happy one, of course! They ended up in my stomach and will hopefully grow into a sturdy fat layer that helps me to stand against the cold when winter comes.Do I prefer enjoying the gratification of eating sweets, or having health and a good-looking six-pack?What a dilemma!An intractable choice indeed. And there are thousands of even tougher decisions to make day to day. Life is about making choices, after all — analyzing the pros and cons, balancing them, and giving up certain interests, all while still dreaming of gaining all the benefits.Investing, unexceptionably, is about trade-off. Between pragmatism and greed. Between risk and return.Recently in the crypto world, however, we have seen a rising star — not necessarily a project or an infrastructure technology but indisputably an innovation — Staking, which does a pretty good job coping with the yield-stability contradiction, to a certain extent.What is Staking?Judging by its name, the concept is derived from the cryptocurrency consensus algorithm Proof of Stake (PoS). By depositing their assets, the token/coin holders will get newly-issued tokens as rewards, given that they (as nodes) make a contribution by validating the transactions in the network.Sound familiar?There is an asset class called fixed income which pays investors fixed interest income on top of the original capital on the maturity date. The most common ones are treasury bonds and bills, municipal bonds, corporate bonds, and certificates of deposit.Staking is similar, but still fundamentally different.To compare bond investors and stock investors in the traditional financial world, the former’s risk appetite is usually much weaker as fixed income investments are designed with the feature of capital preservation — at least that’s what the issuers claim. For the latter, though the upside of capital gain is larger, the risk of losing everything is no less small.Now here comes the beauty of Staking.The room for token price to fluctuate, both upwards and downwards, is big enough for risk chasers to make considerable capital gains — like growth stocks.Meanwhile, by depositing the tokens, the holders will be able to get an extra number of tokens when the Staking matures — like dividends.But a growth stock, commonly seen among listed internet companies, rarely pays dividends to the detriment of a high-speed expansion plan, which asks for a large amount of funds.Plus, how many growth stocks are even making profits? Spotify or Tesla? Come on, I don’t think Google recorded positive net cash inflows in its first decade.However, Staking covers both, or at least many believe so.According to stakingrewards.com, the locked market-cap in Staking stands at approximately US$8 billion, about 3% of the total crypto market-cap, while the existing tokens/coins that are adaptable to Staking equal roughly US$25.5 billion.It seems to be a perfect investment, doesn’t it? Oh please, even an idealist like me wouldn’t believe that there is truly flawless thing on this blue planet.Among others, I’d like to point out the two most crucial uncertainties — the concerns over security and technology capacity.For individual Staking holders, as the mechanism works on the back of making contributions to the network, it asks for a 24/7 online state, which sets a very high-level functionality request for the holder’s device.More importantly, being always online also indicates a higher risk of exposing IP addresses, which might lead to severe consequences like being hacked, not to mention that some Staking networks request for private key online state.You may think, fine, it is indeed tricky to do Staking on my own, I will just turn to those Staking-specialized institutions, which pool tokens from hundreds of holders and run as super nodes — some PoSs work in a ‘more-Staking-higher-yield’ kind of way — fantastic!It surely is an option, and could be a wise one — except for the fact that you must trust these institutions’ technology capacities on: a) protecting your assets from hackers; b) capability to agilely adapt to various coding languages applied by different chains.Therefore, here are the keywords, and please do bear these in mind — security and tech capacity. Ring a bell?Well, no offense (to all our Staking platform friends), but the thing is, security and technological compatibility are the baseline parameters for an exchange. Ok, I think I’d better stop at this point.Staking, High-yield and Risk-free? Oh, You Wish. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 05. 31

KuCoin Weekly Report #38–26...

KuCoin NewsIntroducing the Coti Token Sale on KuCoin Spotlighthttps://www.kucoin.com/news/en-introducing-the-coti-token-sale-on-KuCoin-SpotlightPlayGame’s Super Competition and win 1000 KCS and 450,000 PXG!https://twitter.com/playgame_pxg/status/1132881638252306432We will always be the People’s Exchange for our users. Thanks for your support!https://twitter.com/duydhk/status/1131595880778178560Campaigns & PromosNUSD Net Buying Competition: 15,000 NUSD to Give Away!https://www.kucoin.com/news/en-nusd-net-buying-competition-15000-nusd-to-give-awayJoin the Neutral Dollar (NUSD) Follow and Retweet Competitionhttps://www.kucoin.com/news/en-join-the-neutral-dollar-nusd-follow-and-retweet-campaignCosmos (ATOM) Deposit and Trading Competition: 40,000 KCS + 2,800,000 TRY to Give Away!https://www.kucoin.com/news/en-cosmos-atom-deposit-and-trading-competitionOcean Protocol (OCEAN) Trading Competition, 3 BTC + 200,000 OCEAN to Give Away!https://www.kucoin.com/news/en-ocean-protocol-ocean-trading-competitionTrias (TRY) Campaign Rewards Distributedhttps://www.kucoin.com/news/en-try-campaign-rewards-distributedBitcoin Pizza Day Celebration Winner Announcementhttps://www.kucoin.com/news/en-bitcoin-pizza-day-celebration-has-now-concludedListed ProjectsSilent Notary (SNTR) Gets Listed on KuCoin!https://www.kucoin.com/news/en-silent-notary-sntr-gets-listed-on-kucoinCosmos (ATOM) Gets Listed on KuCoin!https://www.kucoin.com/news/en-cosmos-atom-gets-listed-on-kucoinOcean Protocol (OCEAN) Gets Listed on KuCoin!https://www.kucoin.com/news/en-ocean-protocol-ocean-gets-listed-on-kucoinKuCoin BlogHow To Live A Decentralized Lifestyle As A Crypto Digital Nomadhttps://blog.kucoin.com/how-to-live-a-decentralized-lifestyle-as-a-crypto-digital-nomad/KuCoin Tech UpdatesApril ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-april-ong-distribution-for-ont-holders-completedApril VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-april-vtho-distribution-for-vet-holders-completedApril GALA Distribution for ZPT Holders Completedhttps://www.kucoin.com/news/en-april-gala-distribution-for-zpt-holders-completedKuCoin MainNet Swap of Zilliqa (ZIL) Complete: Deposit Service Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-swap-of-zil-completeZilliqa (ZIL) Withdrawal Service Now Openhttps://www.kucoin.com/news/en-zil-withdrawal-service-now-openUSDT-ERC20 Withdrawal Service Now Openhttps://www.kucoin.com/news/en-usdt-erc20-withdrawal-service-now-openKuCoin Trading System Upgrade Noticehttps://www.kucoin.com/news/en-kucoin-trading-system-upgrade-notice-190527Follow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #38–26/5/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 05. 27

BTC as a Safe Haven Asset: ...

As the season approaches summer — for the North Hemisphere at least — we crypto voyagers also seem to be sailing with an increasingly warmer current in the crypto ocean.Starting in late April, especially when the Bitcoin price topped US$8300, which is very close to the 12-month high recorded last August, I have been repeatedly asked questions like:Are we heading to a bullish market soon?Is now good timing to open a position?How strong is the upward momentum?Be very careful answering these questions, especially when the inquirers are your family and friends — and I say that even though I am on the optimistic side in general.Indeed, I see a firm sentiment of elation, but I am definitely no Pollyanna, who now worships BTC as a safe haven investment against the recent financial market fluctuations and potential risk of severe consequences triggered by the Sino-US trade tension.As of the time I wrote this article, 15:00 CST on May 23 when the market closed, redness spread across the major Asian stock indices — Shanghai, Shenzhen, Hang Seng, Nikkei, KOSPI, TAIEX — as well as BTC.Therefore:Is Bitcoin’s price likely to further increase as its mining block reward halving approaches? Quite likely.Is the crypto market as a whole to be shored up accordingly and further expand? Very likely.Is the blockchain world going to attract more dry powder, more talents, and more resources? Absolutely, yes.Is BTC a risk-against asset class? Not yet — as shown in the following example quite straightforwardly:Gold as a hard currency, so far, has been doing pretty well in keeping or even increasing its value against market turbulence, making its name as a top safe haven asset widely known.According to World Gold Council’s data, the daily gold volume settled in London market over the counter stands between US$101.6 billion and US$ 234.2 billion, while the 24-hour BTC trading volume is about US$25 billion. Impressive, but still plenty of room to improve.On top of gold, greenback and yen are also categorized as safe haven currencies.But why? Gold may have actual value in industrial use in the physical world that secures its underlying worth, while the US dollar and Japanese yen are technically either paper or just numbers.In my way of thinking, the answer is consensus, which is the differentiated edge of USD and JPY over BTC. I dare say that, as a payment method, the two fiat currencies can be used invariably from around the globe — a level of validity any cryptocurrency could hardly catch up to any time soon.But wait, isn’t consensus the cornerstone principle of blockchain technology?Exactly. And the better news is that blockchain consensus is conceived in a way that makes more sense, assuming the information technology evolution accelerates, which is obviously meant to be.The consensus represented by fiat currency is established upon the consensus of certain sovereignty, which is actually governed by the so-called elites. These elites are a minority of a country’s population who, in many cases, would make no hesitation jeopardizing public good to protect their own interest by all means — including but not limited to printing money.On the other hand, cryptocurrency consensus is fully decentralized, while the commitment of non-additional issuance is mostly made up front and secured by technical means like through smart contracts.A financial world with no yielding to power, no yielding to fear, enjoying greater fairness -who wouldn’t dream of that?!Sorry if I sound a bit radical.My point is, the thousand-year consensus in the value of gold, diamond and paper money is not unbreakable. If not a full-on collapse, there must be weak points from where the cryptocurrency ideology of decentralization and de-authorization could infiltrate.That’s when the sunlight floods the crypto world and BTC makes its name on the list of safe haven assets.It might not be that far off, as it’s now daybreak.BTC as a Safe Haven Asset: Not Yet, But Not Too Far Away was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 05. 24

KuCoin Weekly Report #37–19...

KuCoin NewsKuCoin AMA Series — Trias — Full Transcripthttps://www.kucoin.com/news/en-kucoin-ama-series-trias-full-transcriptPlayGame Joins KCS Ecosystem, Enabling Users to Play Games with KCShttps://www.kucoin.com/news/en-playgame-joins-kcs-ecosystem-enabling-users-to-play-game-with-kcsAnnouncement of Chromia (CHR) Token Sale on KuCoin Spotlighthttps://www.kucoin.com/news/en-announcement-of-chromia-chr-token-sale-on-kucoin-spotlightCampaigns & PromosBitcoin Pizza Day Celebration! A Chance to Win 1 BTC for 1 KCS!https://www.kucoin.com/news/en-bitcoin-pizza-day-celebration-a-chance-to-win-1-btc-for-1-kcsAnnouncement of Completion of TRY Lottery Draw and Opening of Trading Servicehttps://www.kucoin.com/news/en-announcement-of-completion-of-try-lottery-draw-and-opening-of-trading-serviceaXpire (AXPR) Campaign Rewards Distributedhttps://www.kucoin.com/news/en-axpr-campaign-rewards-distributedListed ProjectsNIX (NIX) was listed on KuCoin.Listed date: 2019/5/16Available Trading Pairs: NIX/BTC and NIX/ETHNeutral Dollar (NUSD) was listed on KuCoin.Listed date: 2019/5/17Available Trading Pairs: BTC/NUSD and USDT/NUSDKuCoin BlogEnergi (NRG) Project Updates Research And Information For KuCoin Usershttps://blog.kucoin.com/energi-nrg-on-kucoin-further-information-updates/NIX (NIX) Research and Information For KuCoin Usershttps://blog.kucoin.com/nix-token-listing-information-research-project-updates-kucoin/KuCoin Tech UpdatesMay BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-may-btt-airdrop-distribution-for-trx-holders-completedKuCoin Update of Projects Listed in the KuCoin Plus Trading Areahttps://www.kucoin.com/news/en-kucoin-update-of-projects-listed-in-the-kucoin-plus-trading-area-190516Blockport (BPT) Risk Announcementhttps://www.kucoin.com/news/en-blockport-bpt-risk-announcementKuCoin API Security Upgrade Announcementhttps://www.kucoin.com/news/en-kucoin-api-security-upgrade-announcementKuCoin Trading System Upgrade Noticehttps://www.kucoin.com/news/en-kucoin-trading-system-upgrade-notice521Follow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #37–19/5/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 05. 20

KuCoin AMA Series — Trias —...

KuCoin AMA Series — Trias — Full Transcript | KuCoin AMA系列-Trias问答访谈全记录Chinese version follows English one (中文版在英文版本之后)KuCoin AMA Series — Trias — Full Transcript(UTC+8) 17:00:00, May 17th, 2019, KuCoin hosted the First AMA (Ask-Me-Anything) session with the second KuCoin Spotlight project — Trias in the Official English Telegram Group.The AMA session was composed of 2 sections: 1. Q&A from KuCoin 2. Q&A from audiences.Guest InformationDr. Anbang Ruan (Co-Founder/CEO) — Holds a Ph.D. in Computer Science from the University of Oxford, and an MSc in Computer Security from Peking University. He is the founder and CEO of Octa Innovations and a former Research Associate in Trusted Cloud from the Oxford e-Research Center (OeRC). He has over 10-years research experience in Trusted Computing, Trusted Cloud Platform, Cloud Computing Security and Virtualized Platform Security, and served as a reviewer in Trusted Cloud for the Journal of ACM.About ProjectTrias — An all-platform-supported (Server, PC, Mobile, IoT, etc.) native- application-compatible smart contract execution platform, development framework and collaborating ecosystem. TRIAS aims to define a new-generation all-platform-supported public chain system. Trustworthy and Reliable Intelligent Autonomous Systems make people trust in machines.Official Website:https://www.trias.oneOfficial Telegram Group:https://t.me/triaslabWhitepaper:https://www.trias.one/whitepaper*For ease of reading, some text has been deletedSection I — Q&A from KuCoinKuCoin: Hi, Anbang. Welcome to join our First AMA session. Could you please start by giving us a brief introduction about Trias and the vision for your team?Anbang: Hi everyone, I’m Anbang from Trias. Trias is targeting at building a trusted cloud infrastructure to support general-purpose enterprise applications. We are targeting at the cloud computing market, competing against the current giants with our blockchain tech.In short: we are building an “Airbnb” for public clouds. to achieve this, two important issues need to be solved: can a guest trust the host, and can a host trust the guest? In our scenario, the guests are third-party applications, and the hosts are the computing nodes.KuCoin: Compared to your competitors, what advantages does Trias have?Anbang: We have a firm research background. I have started this direction since 2007 when I was doing my master program at Peking University. My publications can be traced since then. Step-by-step, we put together a full design: the Trias architecture.Trias firstly builds a layer “-1”, it provides other chain’s consensus node the capabilities of verifying each other’s integrity, so malicious nodes will firstly be identified and eliminated.this helps other chains to maintain a healthy network environment.With this capability, other chains can reduce their consensus methods’ complexity, hence increase speed, without reducing security strength. So with the -1 layer, we can integrate other chains, and we target at providing a general ledger-layer API to serve upper layer applications.We believe that all chains have their own specific strength at serving specific applications’ requirements so one chain cannot solve all problems. With an integrated API, we will be able to move a general-purpose enterprise-ready application to blockchains. For example: to move the entire facebook backend services to blockchains. So everyone can tell exactly: who has accessed my data! This is the smart contract that we aim to support: the DSaaS (Decentralised Software-as-a-Service), not just a small DApp for gambling games.KuCoin: May I know the reasons why Trias chose to join KuCoin Spotlight?Anbang: Firstly, we have a history. I met Johnny since our first launch last year. Secondly, we have the same belief, the belief in techs. Third, it the best time for us to launch the token sale.KuCoin: Can you share with us some plans in the near future such as marketing development plans and recent operational plans for the Trias team?Anbang: Four directions: research, products, business, and marketing. we are all in.We have set up a joint-lab with Peking University, we currently have more than 20 researchers and 3 academic advisors from Oxford University. We work together very closely to further building the Trias architecture. We are working on at least 6 papers simultaneously.For products: we have 3 product lines developing and testing with our potential customers. will announce them soon.For business: we have announced a few partners, and there will be much more. we expect to reach 10m USD in revenue this year. and we have set up a branch in Tokyo. We will copy our scenarios from China to Japan, and run our DSaaS’s token model.For marketing: we believe the spirit of blockchain is community-oriented. We have had a team of more than 10 people and a few top-tier partners to work on community-building and marketing. We will let everyone in the world know Trias, and eventually use TRY. When you are sending your data on a machine, but you can’t be sure whether your data will be processed by the machine, you will need TRY.KuCoin: What do you think of the recent market with BTC on its way to break through 8000 dollars? Do you think it’s a signal of the bull market?Anbang: I don’t know whether the bull has come, I think no one knows. But I believe it is a good signal, and the bull will come soon.I think there are more and more major players joining the games, facebook, jpm etc, and there are more and more research teams from top universities joining this area. There are all good signs that the market is maturing.Section II — Q&A from AudiencesQ: Since joining the blockchain industry, what are the circumstances that make it possible that have brought you to this industry?Anbang: I think the blockchain industry is a branch of a bigger industry: trustworthy computing industry. and I have joined this area since 2007.Q: Why did you select TEE Technology?Anbang: We have more than 10 years’ research in this field.Q: They said Trias has good scalability, is this true? how will you maintain it?Anbang: We use a graph algorithm and gossip protocols.Q: Will the mainnet 1.0 be successfully launched this 2019 of April or June?Anbang: Q4 this year.Q:How do you plan to ensure price stability of TRY?Anbang: We will build more use cases, solve critical problems in more industries so that more companies/people will need TRY.Q: Trias adds a mechanism similar to “a reputation” in terms of consensus mechanism. What does Trias hope to solve problems?Anbang: To increase scalability.Q: Do you have any other business you engage in the past or maybe in the blockchain industry before launching this project?Anbang: Yes, as we have always been solving one problem: how can people trust a machine. previously we build trusted computing technology into cloud infrastructure. and Trias is our next step.Q: I read that the Trias project does face some problems and uncertainties during its innovation process. Firstly, its TEE solution to data computing and privacy problems are still in the early stages of the blockchain industry, how are you going to address this?Anbang: Great thanks for your attention! TEE in the blockchain is new but TEE in cloud computing is not new. we have been working on it for a very long time.Q: Secondly, in terms of the selection of nodes that execute its code, although the selection of supernodes themselves is based on ‘trust’, this design is still a centralized method. Again, how are you going to address this?Anbang: The selection of the supernodes is based on the network’s dynamics.Q: Why you decide to join the crypto world?Anbang: To spread our techs to the word.Q: On what facets that you think Trias will draw many investors than well-known competitors in the same field?Anbang: We are making money, and will make more.Q: What are the high points that underlie in this innovation of Trias?Anbang: Layer -1 and DSaaS model.Q: Any highlights to unveil today for us users that we tend to foresee on the future plans on Trias being a novelty project?Anbang: We will have much more business collaboration to announce, very soon.Q: Dr. Anbang thank you for your time. My question is regarding cloud hosting, will there be a masternode programme?Anbang: Yes, and it will be quite different from the current mainstream programs.KuCoin AMA系列-Trias问答访谈全记录2019年3月17日,新加坡时间下午四点,KuCoin在官方中文电报群内举办了首场AMA(Ask-Me-Anything)问答访谈活动。本次活动由KuCoin提问环节和用户自由提问环节组成。活动来宾为KuCoin Spotlight第二个项目Trias Lab的CEO及创始人阮安邦博士。来宾介绍阮安邦,Trias创始人及CEO。牛津大学计算机博士、博士后,北京大学计算机硕士。前牛津大学 OeRC 研究中心研究员,在可信计算、可信云平台、云计算安全以及虚拟化平台安全领域拥有十余年研究累计。曾参与包括 FP7 欧盟重大项目在内的多个可信云、可信大数据平台方向项目。并担任国际顶级期刊 JACM 可信云方向审稿人。已发表 IEEE Transactions 论文两篇,国际学术会议论文二十余篇。项目介绍Trias:旨在定义支持通用应用程序的新一代公链体系,构建可信赖的智能自主运算设备,构筑普世可信赖计算生态,让人相信机器。Trias官网:https://www.trias.oneTrias中文社区:https://t.me/TriasChineseTrias白皮书:https://www.trias.one/whitepaper(为方便阅读,部分文字已删减)一、KuCoin提问环节KuCoin:非常感谢安邦前来支持KuCoin的首次AMA访谈,那么先请安邦为我们简单地介绍一下Trias项目以及Trias的行业愿景吧。阮安邦:Trias项目与我从2007年开始的在可信计算领域的研究,可信计算是信息安全研究的分支领域,现在大家熟悉的TEE技术是可信计算的一个流派。从07年起,我一直想解决的问题是:如何让人相信云。那时云计算才刚刚兴起不久。可信计算技术能帮我们准确验证一台机器到底执行过怎样的程序。于是我开始研究如何把它和云结合在一起,让人们知道他们放在云中的数据到底被谁访问过了。现在大家也都能找到我从那时起开始逐一发表的文章。现在的Trias就是在这个方向上的进一步延展:我们想要突破云的边界,让人能相信互联网上的任何一台机器。这就是Trias的最终愿景:构建可信赖的机器。我们的目标,就是要成为区块链时代的AWS(亚马逊云)阿里云。Trias的完整形态应该是:云计算的AirBnB。KuCoin:同现在市场上现有的项目相比,能否谈一谈Trias的优点呢?阮安邦:首先我们在这个方向有非常非常深的积累。区块链并不是一种崭新的技术,他是很多老的安全技术的新的组合。这些安全技术都是我们的老本行。同时,我们还在继续补充科研力量,我们和北大在2017年就建立了联合实验室,当时就共同提出了我们的“异构共识”的概念。我们还有三位牛津教授/研究员做我们的顾问。每周我们都会与这些顶尖的专家深度互动。从技术设计上来说,我们想做的是一套“-1”层网络。他能为所有其他的链提供最底层“可信计算”的支持。让其他链的节点在共识之前先验证对方“是否运行了正确的程序”。有了这样一种能力,他能帮其他链减少大量复杂的运算,从而实现更快,更安全。所以我觉得我们和其他公链都不是竞争关系。另一方面,从应用层的角度,我们想要打造的是DSaaS (去中心话的SaaS),用Trias智能合约构建一整套互联网应用,比如拉钩,携程。而不是简单的游戏DApp。对复杂企业级程序的支持,需要解决不同模块的不同需求,有些部分要强调高安全,有些部分要强调高吞吐,因此他们会需要不同的链结构。这也就是我们的-1层网络的优势:我们能组合所有其他链,统一地为上层应用提供接口,实现复杂企业级应用。这就是我们看到了,我们想要做到的,云计算未来的形态,或者可以称它为:链计算KuCoin:Trias为什么会选择加入KuCoin Spotlight呢?阮安邦:第一,是渊源,我们在刚开始Trias项目时就认识了,当时和Johnny哥在上海,谈理想谈规划,用笔在纸上,画了一条线。第二,我不久前见了KuCoin所有核心团队成员,继续谈理想谈规划,总结起来四个字:情投意合。KuCoin也给了我们极大的支持。第三,时机。我觉得现在上线是最好的时机。KuCoin:能够同我们分享一些Trias的发展计划吗?未来在市场、运营等方面会有什么样的动作?阮安邦:接下来,会在四个方向全面开花:科研,产品,项目,市场。科研是我们的根本,目前我们和北大牛津的科研团队已经形成了非常密切深度的配合,我们已经同时在写至少有6篇文章了,专利方面已经完成了40多件的申报。接下来我们还会开始与更多高校的合作,我们要调动全世界最优秀的脑子,加入到Trias的设计中来。产品方面,我们现在已经规划了三条产品线,区块链+XXX,之后会陆续发布。项目上,我们从去年下半年开始,就已经开始推进不少项目合作。今年的主要力量就是:实现盈利。目前我们和东吴证券已经形成了非常深度的合作,昨天我刚刚参加完他们组办的峰会,并获聘他们的金融科技实验室专家。像这样的落地案例,我们已经有超过16个在同步推进,接下来都会陆续放出,并且持续推进。市场方面,我们之前没有投入太多,一直在埋头做事。现在我们已经组建了一个十多人的国际化运营团队。我们会时刻与社群互动。我觉得区块链精神,就是社群精神。与社群共同成长,与社群分利。昨天我们有全球社群里的人提出了一个triasure的概念,用来代指trias的粉丝,我们团队觉得这个词非常好,既是宝石的音译,又代表了trias的可信,因此我们把这个词记录到了我们的测试网区块链,大家可以在这个地址查到。因此这个历史性的词汇就上链了。同时我们也给这一位叫做bima080203的用户做了一件纪念tshirt,并标注了区块高度。接下来我们也会有更多这样的“忽然的惊喜”,请大家关注。KuCoin:在你看来,BTC突破8000对于市场意味着什么呢?你认为这是牛市的信号吗?怎么看待TRY后期的走势?阮安邦:我其实没太关注BTC的行情,或许会是牛市,或许是牛市的前兆。但我觉得牛市一定不会太远了。我看到的是现在的巨头,科技的,金融的,高校,都在持续的进场。这个行业真正开始成熟了。接下来我们会按照上面说的4个方向的规划,玩命推进。我觉得现在就是跑马圈地的时候,谁跑得快,谁就有更多的地。我们想在世界地图上插下更多的旗子。对于TRY,我最近反复在和团队、合作方说的是:我们要给他的价格附上价值的基础。最核心的思想:我们要让所有利用Trias技术的合作伙伴挣到钱。通过我们的科研,产品,项目和市场,构建全球范围内,对TRY价值的共识。二、自由提问环节问:目前来看,在KuCoin社群AMA过程中TRY拉盘了很多,如何保证之后TRY的价格稳定?阮安邦:我要给TRY价格一个价值的基础,更多的落地项目,更多的合作方,更多的应用场景,这些都是我要做的。问:安邦老大进军区块链却不太关注BTC行情?阮安邦:BTC是别人的,而且BTC也只是区块链的一个应用场景。我觉得区块链市场远大于BTC,甚至会远大于现在的云计算市场。我关注这个市场。问:Trias团队现在总共有多少人?阮安邦:我们团队接近60人了,分布在北京,杭州和东京。我们和北大的联合实验室也有接近20人。问:主网1.0有确定的上线时间吗?阮安邦:主网1.0在今年年底。问:听说Try马上要去日本,为什么选择日本,未来的全球化怎么考虑的?阮安邦:日本是我们全球化的基地。他们有对数字货币非常好的政策支持。大家会说太严了,我觉得:越严越好。我们还有很多潜在的日本项目合作方。未来我们会把中国落地的项目,copy到日本。问:为了实现最终目标,Trias还需要克服什么样的困难?阮安邦:每天都有新的困难。但困难越多,我越有信心:因为我看到了我们团队真正的能量,执行力。都说不逼逼自己,就不知道自己有多牛逼。越干越自豪了。问:很好奇最近的发展安排?阮安邦:有的,会有很多。在我们的微信公众号里,其实从去年起就陆续发布了很多合作。这些合作后续也都会有新的新闻。欢迎大家来挖。没准有新的专属tshirt等着你。KuCoin AMA Series — Trias — Full Transcript | KuCoin AMA系列-Trias问答访谈全记录 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 05. 18

KuCoin Weekly Report #36–12...

KuCoin News#Simplex is available NOW on the KuCoin App!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}Simplex is available NOW on the KuCoin App! @SimplexCC Update now to buy crypto with your credit card on the #KuCoin App Download the KuCoin App today: https://t.co/fq4h69o1tk — @KuCoinUpdatesfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}The most beautiful word in the world is Mother.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}The most beautiful word in the world is Mother. #MothersDay #KuCoin — @KuCoinUpdatesfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Campaigns & PromosAXPR Trading Competition, 3,100,000 AXPR to Win!https://www.kucoin.com/news/en-axpr-trading-competition-3100000-axpr-to-winMatrix AI Network (MAN) Campaign Rewards Distributedhttps://www.kucoin.com/news/en-man-campaign-rewards-distributedKuCoin BlogThe Ethereum Ecosystem: A Basic Guide to ERC Tokenshttps://blog.kucoin.com/etheruem-ecosystem-guide-to-erc-tokens/KuCoin Tech UpdatesKuCoin Will Open USDT-ERC20 and USDT-TRON Deposit and Withdrawal Serviceshttps://www.kucoin.com/news/en-kucoin-will-open-usdt-erc20-and-usdtn-deposits-and-withdrawal-servicesTEL/USDT Trading Pair is Available on KuCoinhttps://www.kucoin.com/news/en-tel-usdt-trading-pair-is-available-on-kucoinKuCoin Request Limit for API Upgradehttps://www.kucoin.com/news/en-kucoin-request-limit-for-api-upgradeKuCoin Delisting of Distributed Credit Chain (DCC) Projecthttps://www.kucoin.com/news/en-kucoin-delisting-dcc-projectFollow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #36–12/5/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 05. 13

Thoughts on Security: Hacke...

Yesterday in the noonday sunshine and breeze of spring, I was walking down the main street of Gangnam-gu, Seoul’s upscale, modern center, which is full of skyscrapers, designer brands and stylish nightclubs.Oh, I was just out of one meeting and headed to the next one, has nothing to do with the luxury life here in Gangnam.Coming towards me were small groups of people at my age, ladies with fine make-up and nice outfit, gentlemen suited up with nice ties, looking cheerful and relax.“People always look so happy during lunch break,” my Korean friend must have spotted my envy. But wait, I actually quite doubted that everyone had a nice lunch break on Tuesday, I’d bet some had a rather upset lunch that day.Hong Kong time 1:15 am on May 8, which would be 1:15 pm on May 7 (Tuesday) for New Yorkers, Binance announced a massive attack that caused it a loss of 7000 Bitcoins, or roughly US$41 million.How would the lunch break possibly be joyful?Good news is that the world’s largest crypto exchange didn’t plan to dodge the multi-million US dollar compensation, which it could perfectly afford. But it’s not the case for everyone.We still remember Mt. Gox in 2014, when its dominance of the crypto world suddenly collapsed after the exchange was hacked and 850k BTC — equaled US$12 billion — were stolen.Mt. Gox was not the only crypto exchange that went bankruptcy due to security breach. In late 2017, Korean exchange Youbit also failed its investors and users by a loss of 17% of its crypto assets due to “hacker attack”.And just two months later in January 2018, Coincheck, the then biggest Japanese crypto exchange, was attacked and some US$530 million worth NEM were transferred out, causing a 20% shrink of the coin’s market-cap in five hours and leading to a drastic drop across the world’s crypto market.Indeed, the latest Binance case is not, and will not be a single case. Post-attack compensation is a must, but meanwhile, precaution is no less vital.According to Chains Guard Technology, Beijing-based security solution provider, the Binance hack was very likely to be attributed to Advanced Persistent Threat (APT) against the exchange’s internal network.Hold on a second, what the heck is APT?Just as its name suggests, APT attack isn’t carried out overnight. In English language, it’s an action against certain target via long-term continuing attack via advanced hacking means.What’s so “advanced” about APT?Just imagine, how could a malicious program manage to continuously sneak into a well-protected system and collect the sensitive information without alarming the system — and sometimes its external guard system — then sneak out and finally conduct the massive hacking on the D-day?The villain program might have stayed undercover for weeks even months. Pretty advanced, huh?One could argue that it’s the centralized system of the exchange to be blamed mainly. True. Who wouldn’t want a decentralized exchange, which is solid in scalability, security and privacy?Good news is there are teams heading that way, aiming at visionary and futuristic goal, but making progresses realistically and pragmatically. KuCoin’s second Spotlight project Trias is one dedicated of them.Aligning with today’s topic, let’s brief a bit about Trias’ take on security.To make it easier to understand, we can interpret as a derivative of Trust Execution Environment (TEE). Great, what on earth is TEE? The short answer is, Apple is TEE.More accurately, the data collecting, protecting and utilizing technology Apple applies is TEE. For instance, when an iPhone user log into his/her cell with fingerprint, which is obviously sensitive information, the machine itself doesn’t touch the data, rather, it sends the data to some secure place for further storage and utilization. That place is trust environment.It’s not very hard to tell, given that TEE greatly rely on hardware, each system/brand is relatively isolated.In the current blockchain world, isolation is not rare either. That’s why there are dozens of projects working on cross-chain solution.Based on TEE, the Trias team has come up with a universally-adapted framework — an infrastructure system that supports TEE nodes. That said, Trias network significantly hedges the potential security risk from the very beginning.With that, the nodes, in spite of each one’s own TEE system, would be able to validate its peers’ credibility, and deliver the validation result among all the nodes via Gossip protocol. With infinite iterations, the “most-unlikely-to-be-dishonest” node will be screened out and shoulder the responsibility to issue smart contract programs. That ultimately will lead to an efficient but secure computing environment.On top of the above two layers, there’s the third layer, a localized TEE for contract execution.Together, it’s Trias’ Leviaton computing system, which will provide unique program whitelist (the contrasts to the malicious programs) for each node, which would be able to detect and prevent the hacking programs from sneaking in, which would effectively protect a system (exchange trading system in this case) from being attacked by means like APT.So, you see, failures — regardless of how expensive they are — couldn’t and shouldn’t stop us and the industry from evolving.Point is that we learn from each other, we cover each other’s ass.Thoughts on Security: Hackers Never Take Breaks, We Never Stop Evolving was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 05. 10

KuCoin Weekly Report #35–5/...

KuCoin NewsKuCoin Launches Indian Communityhttps://www.kucoin.com/news/en-kucoin-launches-indian-global-communityTransfer KCS to anyone in Chats with @adamant_imbody[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}With @adamant_im, the decentralized, anonymous and secure blockchain messaging platform, you can transfer #KCS to anyone in chats! #KuCoin #ADAMANT — @KuCoinUpdatesfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}KuCoin Shares (KCS) is now supported by Aave Pay!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}KuCoin Shares ($KCS) is now supported by Aave Pay! Visit https://t.co/S8nVGx9cTi and pay your rents, subscriptions, taxes with $KCS! Cash out crypto to fiat has never been this easy. @kucoincom #PayWithAave — @AaveAavefunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Campaigns & PromosAnnouncement of Trias (TRY) Token Sale on KuCoin Spotlighthttps://www.kucoin.com/news/en-announcement-of-trias-try-token-sale-on-kucoin-spotlightMatrix AI Network (MAN) Holdings Competition, 300,000 MAN to Give Away!https://www.kucoin.com/news/en-man-holdings-competition-300000-man-to-give-awayKuCoin BlogWhat Value Is There In A Bear Market?https://blog.kucoin.com/what-value-is-there-in-a-bear-market/KuCoin Tech UpdatesAVA/NEO Trading Pair is Available on KuCoinhttps://www.kucoin.com/news/en-ava-neo-trading-pair-is-available-on-kucoinThe USDT-TRON Incentive Plan Postponedhttps://www.kucoin.com/news/en-the-usdt-tron-incentive-plan-postponedFollow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #35–5/5/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 05. 06

KuCoin Weekly Report #34–28...

KuCoin NewsKuCoin Completes 6th Quarterly (Q1 2019) KCS Burnhttps://www.kucoin.com/news/en-kucoin-completes-6th-quarterly-kcs-burnKuCoin Introduces Sub-Account Featurehttps://www.kucoin.com/news/en-kucoin-introduces-sub-account-featureAnnouncement of Trias (TRY) Token Sale on KuCoin Spotlighthttps://www.kucoin.com/news/en-announcement-of-trias-try-token-sale-on-kucoin-spotlightLet’s embrace the new logo of KuCoin!body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}Let's embrace the new logo of KuCoin! — @KuCoinUpdatesfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}KuCoin was awarded as The Best Cryptocurrency Exchange at #blockchainlife2019.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}KuCoin was awarded as The Best Cryptocurrency Exchange at #blockchainlife2019. Thanks to the host @BlLife_Forum and thanks to all who support KuCoin as always, we do appreciate your patience and trust. We will continue to work hard as the 'People's Exchange'. — @KuCoinUpdatesfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Algorithmic Trading Partner: Autoniobody[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}Algorithmic trading provides a more scientific, rational, and fair method for avoiding unnecessary losses based on its automated mechanism. We are pleased to partner with @AI_Autonio to provide this value-added trading service for #KuCoin users. https://t.co/mlkW5iTJDP — @gan_chunfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}We are excited to announce that HyperLinq is teaming up with @kucoincom to bring their prices to you through our app.body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}We are excited to announce that HyperLinq is teaming up with @kucoincom to bring their prices to you through our app. We hope to bring more than market data to you from KuCoin in near future.🙌 🙌 🙌 #cryptotwitter #cryptotrading — @HyperLinqHQfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Campaigns & PromosCRO Holdings Competition, 2,000,000 CRO to Give Away!https://www.kucoin.com/news/en-cro-holdings-competition-2000000-cro-to-give-awayMatrix AI Network (MAN) Holdings Competition, 300,000 MAN to Give Away!https://www.kucoin.com/news/en-man-holdings-competition-300000-man-to-give-awayBTT Campaign Rewards Distributedhttps://www.kucoin.com/news/en-btt-campaign-rewards-distributedMultiVAC (MTV) Campaign Rewards Distributedhttps://www.kucoin.com/news/en-multivac-mtv-campaign-rewards-distributionKCS Campaign Rewards Distributedhttps://www.kucoin.com/news/en-kcs-campaign-rewards-distributionKuCoin BlogIs Crypto Mining Still Profitable?https://blog.kucoin.com/is-crypto-mining-still-profitable/KuCoin Tech UpdatesKuCoin Sub-Account Release and OpenAPI Upgradehttps://www.kucoin.com/news/en-kucoin-sub-account-release-and-openapi-upgradeFollow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #34–28/4/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 04. 29

Crypto vs Traditional Finan...

A few days ago, a friend of mine asked me in a quite serious manner: “Is it true that Michael (our CEO) and you both own private jets?”My friend, especially given the current market conditions, I would like to thank you very much for thinking so highly of us!Oh, and to answer his question, I showed him a picture of a LEGO private jet. Now that I can definitely afford with my humble pay.Speaking of pay, did you guys notice a piece of news saying that the U.S. Securities and Exchange Commission is looking to hire a crypto financial analyst with an annual package of up to US$240k? Meanwhile, job website Glassdoor tells me that senior analysts with investment banks like Goldman Sachs are paid no more than US$150k per annum.Before you zip out to apply for the vacancy, just FYI, one of the many conditions for employment is that you must be a US citizen. Come on, why do you think I’m still chitchatting with you guys rather than filling out the application form?Sorry, enough of the silly jokes.I mean, seriously, why would the crypto world ever be ignited by a traditional financial regulator’s head-hunting? This piece of news went viral on my side of the Pacific Ocean, and I bet it’s no less hot on the other side.Fine, the American SEC is not “A” financial regulator. It may well be “THE” regulator at the helm of the financial world.Our forerunners in the traditional financial world — the watchdogs, investment banks, exchanges, fund houses, quant teams — their impact is massive for the brand-new crypto continent.Check out the following example.I suppose we can all agree that the cheerful start of this week’s market largely diluted our Monday blues, as the Bitcoin price jumped by over US$100 within a 30 minute period at midnight EST on April 22 (or noon on April 23 UTC+8).What triggered the sudden pump?Take it as connecting the dots afterwards as, at that time, a quantitative analyst tweeted about a Bitcoin product that was traded via the unknown symbol “CXERX”, which was purportedly listed on Nasdaq.WOW. Bitcoin trading on the world’s second-largest stock exchange by market-cap? Despite the suspicious ticker symbol, such allegations would be perfectly inciting.That’s because this is a superspeed world. A miss of just seconds might cause a million-dollar loss in prospect interest. One can hardly help thinking about it: what would happen if Bitcoin-based products were truly traded on Nasdaq?I believe few people would question a traditional financial giants’ influence on the crypto world.I‘ve got another one.Remember when JP Morgan announced their move into stable coins earlier this year? There were, of course, some quite opposite interpretations of the world’s leading financial firm’s action.Some took it as a strong indicator of a soon to come revival, or even a blossom, of the crypto world, while others would rather be vigilant or even worried about the big guys in stocks, bonds, and dodgy derivatives easily taking over their little BTC/ETH brothers.Both of these interpretations, despite the extremely different sentiments, were quite genuine and strong reactions towards the traditional financial players stepping in.Frankly, I wouldn’t be too surprised to see more Wall Street guys flood into our world over the coming years, or even quarters.It is in the genes of Bitcoin, as well as the genes of the global Wall Street-ers.The former, born as a currency despite not being physically tangible, was featured as electronic cash, which is increasingly used and invested in the real world. The latter? They are money chasers.The former, coded with the vision of becoming a perfectly neutral medium of value, was supposed to smoothen all kinds of real transactions or any other trading in a financial sense, while cutting out the human flaws like, typically, trust issues. The latter should better serve real economic development by directing money to the most needed areas (interpreted as “most profitable areas” in the real world).Therefore, it is not hard to point out that there is a notable overlap between the mission of cryptocurrency and the noble job of the traditional financial whales.Thus, I think it makes a lot of sense for us to learn from the old money-movers. I mean, before they got outrageously greedy, these guys did a pretty good job laying the groundwork — the fundamental rules, the various financial tools and the regulations that protect the general public.Yes, we very much respect their work, at least before they got super rich, super greedy and super manipulative.So, what should we do? We absolutely should not copy and paste word by word.I say we cream off the best and filter out the impurities.Crypto vs Traditional Finance: Build on its Rules, Then Break Them was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 04. 26

KuCoin Weekly Report #33–21...

KuCoin NewsKuCoin Partners with Arwen to Bring a Non-Custodial Trading Solution to Experienced KuCoin usershttps://www.kucoin.com/news/en-kucoin-partners-with-arwen-to-bring-a-non-custodial-trading-solution-to-experien-kucoin-usersYou can download KuCoin app directly from iOS App Store! (Except for Mainland China)body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}You can download KuCoin app directly from iOS App Store! (Except for Mainland China) For more queries, please visit: https://t.co/fq4h696qBM — @KuCoinUpdatesfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}KuCoin Turkish Meetup in Istanbul (April 14, 2019)body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}Although this is the first time we met on the KuCoin's Turkish meetup, it feels like we've known each other for many years.🇹🇷🥰 #KuCoinGlobalTour — @KuCoinDailyfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Listed ProjectsSpendcoin (SPND) was listed on KuCoin.Listed date: 2019/4/17Available Trading Pairs: SPND/BTC and SPND/ETHCampaigns & PromosKuCoin Shares (KCS) Trading Competition: 8 BTC + 35,000 KCS!https://www.kucoin.com/activity/69MultiVAC (MTV) Trading Competition: 8 BTC + 4,000,000 MTV!https://www.kucoin.com/activity/70ODE Campaign Rewards Distributedhttps://www.kucoin.com/news/en-ode-campaign-rewards-distributionKuCoin BlogOnline Privacy And The Blockchainhttps://blog.kucoin.com/blockchain-privacy-concerns/KuCoin Tech UpdatesMarch GALA Distribution for ZPT Holders Completedhttps://www.kucoin.com/news/en-march-gala-distribution-for-zpt-holders-completedMarch VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-march-vtho-distribution-for-vet-holders-completedMarch ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-march-ong-distribution-for-ont-holders-completedKuCoin Delisting of Playgroundz (IOG)https://www.kucoin.com/news/en-kucoin-delisting-of-playgroundz-iogKuCoin MainNet Swap of Matrix AI Network (MAN) Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-swap-of-matrix-ai-network-man-completeApril BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-april-btt-airdrop-distribution-for-trx-holders-completedFollow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global Communitieshttps://www.kucoin.com/news/en-kucoin-now-supports-multiple-languages-for-our-global-communitiesKuCoin Weekly Report #33–21/4/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 04. 22

Decentralized Crypto Exchan...

The other day, while I was stuffed into the airport shuttle bus full of passengers (most of them were just as exhausted as me from a seriously delayed flight from Hong Kong), an admired voice suddenly refreshed me from my light-headedness:“China is now, to a significant extent, a cashless society with widely-adopted online and mobile payment methods. Life here can be really convenient, not to mention that the transaction fees are much cheaper than using a credit card.”Fine, consider the “admired voice” as a rhetoric.But our American friend here was not necessarily exaggerating. It might not be a joke that even beggars in my country ask givers to scan a QR code for donations.Convenience has a price tag though, a big one — privacy.You can imagine how upset I got when I was forced to upload a soft copy of my ID card to a major third-party payment platform. I would not be allowed to use that tool any more otherwise.I mean, I get it, the whole point of Know-Your-Customer is to protect the good guys like me. But I don’t really feel comfortable handing sensitive personal information such as my ID to a monopoly payment firm, though they claim it is for protection.I am not saying these internet giants would deliberately cross the line and act maliciously with the sensitive data, or that they wouldn’t keep updating their security protocols.They surely will do, just like us and our peers in the crypto world. We all reckon that protecting users’ assets and information is the first priority. We stick to that by all means.But what if there’s a purely technical solution for this, regardless of the moral hazard? Wouldn’t that be great?Unfortunately, there isn’t yet. Fortunately, there will be. In our arena, the solution will be a high functioning fully decentralized crypto exchange — the long-term goal for most of us.A decentralized exchange is a marketplace, like a barter, where transactions are implemented peer to peer, no need to rely-on a centralized custodian service provider and no need for time-consuming KYC. Everyone’s crypto asset balance will be recorded in the fully distributed ledger immutably. The sensitive information will be perfectly protected.Sounds to be a beautiful future indeed. So why are centralized exchanges still the mainstream? Plus, what are the odds of seeing such highly functional and fully decentralized exchanges any time soon?I cannot tell for sure, but there are certain aspects deserving the attention of those who have been following decentralized exchanges.a) It’s a public chain basically. That means there will not be circumventing The Impossible Trinity of public chains.Let’s put the two angles — privacy and security — aside for one sec. That doesn’t mean they are less important though. But, if we focus on the scalability now, we’ll have to admit that the obstacle might not be as easily removed as some public chains have claimed.Among the existing public chains, I believe EOS is one of the top performers in terms of transactions-per-second (TPS), achieving a 1000-level TPS, while Bitcoin and Ethereum are still struggling on a double-digit (maybe even single-digit) TPS.And how are centralized exchanges doing? Our platform is capable of supporting 10k-20k matching orders per second for a single trading pair. We run approximately 400 trading pairs now.On top of the efficiency of transaction processing, there’s another parameter to quantitatively measure user experience — the latency.I could still remember the overwhelming media coverage of EOS achieving sub-second latency. Don’t get me wrong, it was, indisputably, a big and meaningful step in public chain development.But, I mean, centralized exchanges can easily deliver a 100- to 200-millisecond latency, and are heading towards nanosecond latency.b) In addition to serving the users/traders, exchanges have another primary task — helping projects to list their tokens/coins for proper financial aids and to carry on their long-term goal, which will ultimately contribute to the whole blockchain ecosystem.Just as the traditional financial market should ideally help move around the money and inject the cash where it’s needed most, crypto exchanges should also shoulder this responsibility — to provide liquidity.That said, if a decentralized exchange built up a public chain and made projects issue and list their tokens on it, it would basically cut off other funding channels for the projects — or, more simply, the opportunities to get listed on other exchanges and get more funds.Why?Well, would other exchanges happily list their rival’s public chain (the coin) on their own platforms just like that? They might not for now. However, if a certain exchange managed to become a monopoly, that’s another story.So, going with a long-term horizon, decentralized exchanges are indeed the trend, but for the issues that need to be addressed ASAP, like the above-mentioned ones, there’s no bypass.Just like John Maynard Keynes said: In the long run, we are all dead.Decentralized Crypto Exchange: Pretty Now, Not Yet Beautiful was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 04. 19

KuCoin Weekly Report #32–14...

KuCoin NewsKuCoin to Launch Instant Deposits and Withdrawals Using $USD.KuCoin is always committed to bring more liquidity to the exchange and make it more accessible to everyone around the world.We will soon be releasing the first-of-its-kind platform feature with our strategic partner. This revolutionary development will empower new and existing users of the People’s Exchange to deposit and withdraw funds instantly using $USD.We believe that it has the potential to dramatically improve user experience, open up KuCoin to a broader audience and attract more institutional liquidity.Check out what the future looks like today (VIDEO LINK). Join the Beta Test now and be the first to enjoy instant deposits and withdrawals using $USD.KuCoin Lists MultiVAC (MTV) and Completes Distribution for Successful Spotlight Participantshttps://www.kucoin.com/news/en-kucoin-lists-multivac-mtv-and-completes-distribution-for-successful-spotlight-participantsListed ProjectsPundi X (NPXS) was listed on KuCoin.Listed date: 2019/4/10Available Trading Pairs: NPXS/BTC and NPXS/ETHODEM (ODE) was listed on KuCoin.Listed date: 2019/4/10Available Trading Pairs: ODE/USDT and ODE/ETHCrypto.com Chain (CRO) was listed on KuCoin.Listed date: 2019/4/12Available Trading Pair: CRO/BTCMultiVAC (MTV) was listed on KuCoin.Listed date: 2019/4/9Available Trading Pairs: MTV/BTC, MTV/ETH, MTV/USDT and MTV/KCSCampaigns & PromosBitTorrent (BTT) Trading Competition: 50,000,000 BTT!https://www.kucoin.com/activity/68KCS Holders Enjoy 111,857 ODE in Exclusive Airdropshttps://www.kucoin.com/news/en-kcs-holders-enjoy-111857-ode-in-exclusive-airdropsRIF Campaign Rewards Distributedhttps://www.kucoin.com/news/en-rif-campaign-rewards-distributedKuCoin BlogScams In Crypto: Common Scams In The Cryptocurrency Markethttps://blog.kucoin.com/scams-in-crypto-common-scams-in-the-cryptocurrency-market/KuCoin Tech UpdatesKuCoin Will Start the Matrix AI Network (MAN) MainNet Token Swaphttps://www.kucoin.com/news/en-kucoin-will-start-the-matrix-ai-network-man-mainnet-token-swapBCHABC Upgrade Completed: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-bchabc-upgrade-completed-190409Follow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #32–14/4/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 04. 15

Blockchain: Interested in M...

There’s a Chinese joke that used to be spread around — usually by word of mouth. I have tried to translate it and hope I didn’t overbake it.One day, Johnny got a cold call from a real estate agent: “Morning Sir, would you be interested in our new property? It’s an absolute bargain, price to rocket soon. Trust me before it’s too late!”Johnny (impatiently): “I have several mortgages already. I have run out of cash.”Agent (after 2 seconds): “Then, are you considering selling one or two? You should act before the price starts to collapse!”Johnny (surprised): “Actually, I am totally broke and can barely afford to rent a basement.”Agent (sympathetically): “I’ve got a part-time job opportunity. Ticket scalper, $50 per day. Interested?”Johnny, while very impressed by the guy’s sales skills, cold-bloodedly hung up on him and blacklisted the phone number outright.It’s too bad I didn’t have the honor to speak with such a talented salesman but, lately, I’ve been bugged by such cold calls quite frequently.Where on earth did these guys get my phone number?!!! What about my privacy?!!!Have you ever shopped online? Have you booked a fancy dinner via some apps? Have you made an appointment with your doctor online?Tell me, what haven’t you done online? Still wondering how these cold callers get your personal information?I cannot name a single friend of mine that hasn’t suffered from personal information leakage. Furthermore, as information technology improves and data continues to become the new-type economic value generator, without the proper means, the situation may deteriorate.Large internet companies collect data from the online footprints of users, who are the rightful owners of the data, to predict the end-user’s online behavior. This includes shopping, entertaining, healthcare, insurance, and banking. Almost every aspect of their daily life.Some firms have certain protection methods, while some don’t really care. It is sad but true.And now, as usual, it’s my routine blockchain lobbying time. Here are some solutions, among others, which are backed by different tech logic but aim to solve one single problem — how can data be monetized without hurting the true data owners’ feelings?Homomorphic Encryption (HE), is…uh…, a form of encryption that allows computation on ciphertexts, generating an encrypted result which, when decrypted, matches the result of the operations as if they had been performed on the plaintext. Excuse me?Forget about it, let’s take a look at an analogy made by American computer scientist Craig Gentry, who is well known for his work in fully homomorphic encryption.A jewelry store owner Alice is very precautious about the potential risk that her employees might steal the rough diamonds during the assemble process. So, she came up with this idea of making a glove box for which only she holds the key, and in which her employees can assemble the raw materials into finished products.Consider: Alice as the end user, the rough diamond as the original data, the key as the blockchain network, the locking of the glove box as homomorphic encryption, and the employees assembling the jewelry as computing.Ta-da! The finished product, of course, is the computing result. Many thanks, Mr. Gentry!Next, Zero-Knowledge Proof (ZKP), is a method by which one party (the prover) can prove to another party (the verifier) that — wait, again?Of course, we need another analogy — the Ali Baba cave.Johnny and Tracy made a bet. The former claimed to know the secret word to open the magic door shut in the ring-shaped cave and in between the two separated paths, but he declined to share the secret with the latter. So, he entered into the cave via the left path, and waited by the magic door at the farthest end for Tracy to randomly tell him to come out of the cave via either the right or left path. If she called for Johnny to leave through the right path, then he would need to use the secret word to go through the magic door and back around to the exit. If she called for him to exit through the left path, then he can just walk back to the left exit. Is it starting to make sense?In the beginning, there’s a 50% chance for Johnny to guess correctly, but what if they repeated the process for an infinite number of times? The chance of coincidence would be infinitely close to zero.Much clearer? Many thanks, magic Ali Baba!There are others, such as Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARK) and Trusted Execution Environment (TEE). Let me put it this way, regardless of the various technology approaches, this is what they are essentially trying to do:I can prove to you that I hold the key to this glass room, but I don’t want to show you what the key looks like. What am I gonna do? I open the door with the key and fetch the LEGO Porsche 911.You got me — I am running out of analogies. But, do you feel slightly more positive about the future of personal information protection? I do.(I kinda look forward to getting a cold call from the skillful agent, if it’s real. Isn’t that hilarious?)Blockchain: Interested in Monetizing Private Data without Privacy Being Invaded? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 04. 12

KuCoin Weekly Report #31–7/...

KuCoin NewsKuCoin and MultiVAC Founders Unveil Back Story of First ‘Spotlight’ Launchhttps://medium.com/kucoinexchange/kucoin-and-multivac-founders-unveil-back-story-of-first-spotlight-launch-9d3b088a7531The Sixth KCS Buyback and Burn for Q1, 2019https://www.kucoin.com/news/en-the-sixth-kcs-buyback-and-burn-for-q1-2019The Rules of Next Spotlight Salebody[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}See below for rules of next Spotlight sale. Holding #KCS and getting KCS bonus will dramatically increase your chances with our next sale. Many of our new products will be launched soon. KuCoin's trading volume is rising rapidly. I think the market is also cheering for us.💪😌 — @gan_chunfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Listed ProjectsTurtleCoin (TRTL) was listed on KuCoin.Listed date: 2019/4/4Available Trading Pairs: TRTL/BTC and TRTL/ETHCampaigns & PromosThe 2nd Round of Token Sale of MultiVAC on KuCoin Spotlight Will Start on April 9thhttps://www.kucoin.com/news/866-20Announcement of MultiVAC (MTV) Listing and Distributionhttps://www.kucoin.com/news/en-announcement-of-multivac-mtv-listing-and-distributionRewards Plan for KuCoin Spotlight Token Salehttps://www.kucoin.com/news/en-rewards-plan-for-kucoin-spotlight-token-saleKuCoin BlogMultiVAC Project Overview And Analysis: In-Depth Reporthttps://blog.kucoin.com/multivac-project-overview-and-analysis-in-depth-report/Crypto For Adults: Blockchain In The Adult Entertainment Industryhttps://blog.kucoin.com/crypto-for-adults-blockchain-in-the-adult-entertainment-industry/KuCoin Tech UpdatesST: KuCoin Delisting of Some Projectshttps://www.kucoin.com/news/en-st-kucoin-delisting-of-some-projects-190403Cosmo Coin (COSM) Upgrade Completed: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/865-20Follow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #31–7/4/2019 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 04. 09

KuCoin and MultiVAC Founder...

Singapore Standard Time 22:00:07, April 3 2019, KuCoin’s first Spotlight project, MultiVAC, saw its 600 million tokens being sold out in just 7 seconds via the initial exchange offering. Over 16k participants joined the spree, with about 1.6k lucky fellas successfully winning the prizes.Indeed, there were some imperfections this night which, I am strongly convinced, will encourage us to perfect ourselves, in operation, in technology, and in innovation going forward.I now see every aspect that will allow all of us to move forward.Projects should continue to be diligent in their tech development as well as in properly promoting themselves. Crypto investors should have faith and continue learning. Exchanges should put more effort into developing a more stable, secure and mature trading engine for traders, while also creating a larger platform for great projects to show their potential.And none of these can be precisely coded. Sounds funny, huh? But, just like our CEO Michael and MultiVAC’s founder Frank said in an interview two days prior to the Spotlight launch:“The whole blockchain industry is about innovation, exploration, and trial and error.”The transcript of the interview is as follows:Interviewer: Some believe that the so-called fever for these new types of “launch platforms” won’t last long, and they even criticize it for being a regression of the blockchain industry. What do you think?Michael: Blockchain was born in the spirit of innovation, and it’s still in its early stages where it is natural to apply all sorts of creative approaches, even on an opportunistic basis.I myself don’t believe in plain sailing on this ocean. There are various trials and errors along the bumpy way. What we, as a crypto exchange, can do is keep screening good projects for our users who aim to hunt value.As for whether it’s a regression or progression, only time will tell.Frank: From where I stand, it’s more in the name of KuCoin’s program — Spotlight — offering good projects an exclusive exhibition platform. You guys probably know that tech teams are not good at publicity — not as good as we are at coding obviously.So, for us, the new platform came just in time. We will be able to grab attention from a wider audience, especially from developers who are seeking to deploy their Dapps. Spotlight helps to get our basic blockchain infrastructure platform on their radar.Therefore, I’d rather consider it as providing projects with a creative display stand. I don’t think it’s a regression of the industry.Interviewer: Why did you guys choose each other? I mean, we all know that the first project would naturally be the most eye-catching one, in both a promotive and stressful way. What is so special about MultiVAC (MTV)? And what differentiated KuCoin from other exchanges?Michael: We screened MTV out among more than a dozen potential projects to be the first Spotlight. What impressed me at first glance of this project was that it was very detail-oriented, from the white paper to the yellow paper, from the fundamental information to the technology documents, which helps investors understand the project by inches.After speaking with Frank in person, I found that I have already been using an App he developed. I respect his professionality a lot, as well as his vision and value, which matches with KuCoin’s. Such mutual trust brought both teams together.In addition to personal bonding and chemistry between both teams, the major feature we see in MTV is — well I think the audience will be able to tell the difference between MTV and some of the projects launched on other exchanges.Rather than short-stand profits or exposure, we aim at greater achievement to help good projects attract funds and attention from an early stage, supporting their long-term and sustainable development.Frank: Me and Michael share a lot of things. For instance, we share a tech and entrepreneurial background, work experience at leading internet firms — Michael worked at Alibaba’s Ant Financial while I was with Meituan, with the same investor, IDG, and same core values. There is chemistry indeed.As for Spotlight, since we respect KuCoin’s role as “The People’s Exchange”, aiming to benefit the largest group of crypto believers, its new strategic platform has our full confidence.On the other hand, we feature ourselves as an infrastructure constructer in the blockchain industry, and dream to drive the technology’s further development from the fundamentals.And there’s another interesting thing — we have this slogan: ‘let there be light’. It is from a science fiction story that tells of a super computer that saves human-beings from extermination. And guess what, here comes KuCoin’s Spotlight!We hope to be spotlighted, and to then lighten the whole blockchain world. So, you see, we also share idealism. It’s no wonder that both teams make such a great match.Source: Chinese blockchain We-Media Mortune CatKuCoin and MultiVAC Founders Unveil Back Story of First ‘Spotlight’ Launch was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 04. 05

KuCoin Weekly Report #30–20...

Listed ProjectsMonero (XMR) was listed on KuCoin.Listed date: 2019/3/26Available Trading Pairs: XMR/BTC and XMR/ETHRIF Token (RIF) was listed on KuCoin.Listed date: 2019/4/1Available Trading Pair: RIF/BTCRSK Smart Bitcoin (RBTC) was listed on KuCoin.Listed date: 2019/4/1Available Trading Pair: RBTC/BTCCampaigns & PromosKCS Holdings Competition: 157,500 RIF to Give Away!https://www.kucoin.com/news/en-kcs-holdings-competition-157500-rif-to-give-awayKuCoin — DxBox Testing Event: 15,000,000 DX!https://www.kucoin.com/news/en-kucoin-exbox-testing-event-15000000-dxRewards DistributionMHC Campaign Rewards Distributedhttps://www.kucoin.com/news/en-mhc-campaign-rewards-distributedKuCoin NewsToken Sale of MultiVAC of KuCoin Spotlight will start on April 3rdhttps://www.kucoin.com/news/en-token-sale-of-multivac-of-kucoin-spotlight-will-start-on-april-3rdTutorial for Participating in the Token Sale of Spotlight Projectshttps://www.kucoin.com/news/en-tutorial-for-participating-in-the-token-sale-of-spotlight-projects“We take the Indian market very seriously” —— Michael Ganbody[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}We take the Indian market very seriously. Users from India have been growing steadily over the past six months, and we welcome more to come and join KuCoin. We also hope to cooperate with more partners from India in the future. Please feel free to contact business@kucoin.com. — @gan_chunfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}Guess what we have prepared for our Turkish users?body[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}Guess what we have prepared for our Turkish users?😝 Haydi durma , sen de hemen aramıza katıl! Let's meet at Dome Istanbul 🇹🇷 RSVP: https://t.co/5RUpW3fw0m #KuCoinGlobalTour Don't forget to join our Turkish community:https://t.co/DO5ZXOpjyk — @KuCoinDailyfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}When #KuCoin meets @CV_Summitbody[data-twttr-rendered="true"] {background-color: transparent;}.twitter-tweet {margin: auto !important;}When #KuCoin meets @CV_Summit #cvsummit19 #cryptovalley — @KuCoinDailyfunction notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height); resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === "#amp=1" && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: "amp", type: "embed-size", height: height}, "*");}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind('rendered', function (event) {notifyResize();}); twttr.events.bind('resize', function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute("width")); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}KuCoin BlogWhat Are The Applications Of Blockchain: Areas Of Vulnerability Part 2What Are The Applications Of Blockchain: Areas Of Vulnerability Part 2 - KuCoin Updates and Further Information BlogMultiVAC Information For KuCoin Users — KuCoin Spotlight Project OverviewMultiVAC Information For KuCoin Users - KuCoin Spotlight Project Overview - KuCoin Updates and Further Information BlogKuCoin Tech UpdatesKuCoin Enables Credit Card Payments for Cryptohttps://www.kucoin.com/news/en-kucoin-enables-credit-card-payments-for-cryptoFollow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin Chinese Telegram: https://t.me/KuCoin_Exchange_CNKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #30–2019/3/31 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 04. 02

IoT Prosperity is Approachi...

Being woken up by a screaming alarm clock is hardly a pleasant experience early in the morning, especially as you know for sure about the upcoming hour stuck in traffic jams on the way to work.But what if instead it’s the caress of the warm spring sunlight that wakes you up precisely 45 minutes after the center star of the Solar System rises from the horizon. Would you prefer that?Oh, you wish.However, as Marvel fans might remember, there is a scene in Iron Man where the reporter lady wakes up finding herself bathed in the bright California sunshine, amazed by the view out of the French window which is revealed through the opening smart curtains.It might be the least futuristic part of the sci-fi movie, especially compared to Tony Stark’s suit. But still, such smart curtains are not yet available for mass adoption, nor is the microwave oven that makes you breakfast by itself, or the fridge that can tell a food’s expiration date.Nevertheless, the world is heading to an evolution of lifestyle, which I believe is founded on a new version of network — the Internet of Things (IoT).We regular people might have not yet sensed the trend, but the money definitely has and it is catching up fast.Xiaomi — the well-known Chinese smart device manufacturer, Huawei — the recently-risen arch enemy of Apple, and a bunch of other Chinese digital and appliance product makers have announced their plans of investment into IoT in succession since the beginning of this year.Deep-pocketed Chinese investors might be reckless, but would their sophisticated western counterparts be so rash?A Forbes article predicts that, in the year 2022, the total technology spending on IoT across the globe would reach $1.2 trillion, while the market scale would top $500 billion from 2018’s $151 billion.The industrial prosperity of IoT is meant to come. Yes, yes, easy for you to say.The bad news is that we can easily spot at least three chokepoints along this bumpy road ahead. The good news is that we can count on blockchain technology.Mass data. According to a Chinese research body, in the first half of 2018, about 16 million fridges were sold in mainland China, leading to an estimated annual volume of 32 million.Assuming the Top 10 brands together take most of the market share and that we are now in the era of smart fridge mass adoption, each manufacturer, on average, would have data from over 3 million devices to deal with.And that number is just from one market.From collecting the data efficiently, to computing it precisely, delivering it properly, and finally storing it safely, it would be hard for a centralized server not to be overloaded or even collapse given the physical strain on its bandwidth.However, with blockchain, this problem will be properly addressed. The data will be distributed to every device (node or miner) in the network, which is well incentivized to utilize its idle computing power to implement the above-mentioned process.Security. This feature is not difficult to read either. For a centralized server in which all data is stored, it would be a catastrophe to experience a system failure or a hack. The impact would affect millions of end-user devices.The fridge may power itself off, giving you thawed ice-cream and rotten tomatoes, while the microwave may power itself on, causing an egg explosion or worse — a house fire.We might sometimes enjoy watching horror movies like “Final Destination”, but just for killing time, not killing ourselves.But, with blockchain, the degree of difficulty in breaking down the whole network — leading to these dangers — is much higher, as the data is separately computed and stored in thousands of nodes. It would usually (within Proof-of-Work consensus for instance) require system failures of more than 50% of all the “servers” — the end computers, in plain words.Cost. Well, with a decentralized system, for starters, there are fewer overheating CPUs, which helps to lower the hardware costs.Secondly, the extra electricity fees for running giant coolers would be reduced, which is also more environmentally friendly.Last but not least, the computing process would be done in seconds, which is obviously more economically efficient.See, am I exaggerating in the headline? Come on, what else can we ask for?IoT Prosperity is Approaching on the Back of Blockchain was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 29

Tutorial for Participating ...

Chinese version follows English one (中文版在英文版本之后)Dear KuCoin UsersKuCoin Spotlight has already launched. You can reach the Spotlight page by clicking the ‘Spotlight’ tab on KuCoin’s official webpage.To participate in the Token Sale, users need to log in to their KuCoin account. Then, ensure their KuCoin account meets the following purchase criteria:1. KYC verificationIf you would like to participate in the Token Sale of Spotlight projects, you will be required to complete identity verification (KYC).2. Trading PasswordTo ensure account security, all users are required to set up a trading password.3. Countries/Areas SupportedThe following countries/areas are not supported and cannot make purchases:the United States of America, Canada, New Zealand, Thailand, Japan, Mainland China, Bahamas, Botswana, Cuba, Democratic People’s Republic of Korea, Ghana, Serbia, Tunisia, Somalia, Zimbabwe, South Sudan, Sudan (north), Sudan (Darfur), Iran, Iraq, Libya, Syria, Eritrea, Ethiopia, Yemen, Sri Lanka, Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Côte d’Ivoire, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Lebanon, Liberia, Myanmar, Pakistan, Nicaragua, Republic of Macedonia, Trinidad & Tobago, Tunisia, Uganda, Ukraine and Venezuela4.Purchase AgreementTo participate in the Token Sale, users need to sign the purchase agreement. Please read the terms and conditions carefully. If you accept the agreement, please click ‘confirm’.5. Sufficient KuCoin Shares (KCS) in Trading AccountFor purchases, only KCS is supported as a payment method. We recommend that you purchase KCS in advance to ensure that you have sufficient funds in your trading account (not Main Account).All the above steps can be completed on the Spotlight page before the start time of the Token Sale.Tutorial for making a purchase on the KuCoin Spotlight PageOnce the criteria have been completed, ‘Coming Soon’ will be displayed. Otherwise, it will display “Unable to proceed the purchase, please complete the following criteria”.When the activity has started, you will be able to choose the purchase amount and click ‘Purchase Now’ to participate in the token sale.To confirm the purchase, you will need to input your trading password. Please kindly check the amount and total price before clicking ‘Purchase Now’.If your order proceeds successfully, there will be a message confirming your purchase.You will be able to check your purchase history by visiting ‘Purchase History’ in the upper right area of the website.亲爱的KuCoin用户KuCoin Spotlight现已上线。您可通过主页导航条上的 “Spotlight” 进入到KuCoin Spotlight专页。为参与此次申购活动,所有用户均需先登录其KuCoin账户,并确保其账户满足以下申购条件:1. 账户KYC验证如果您想要参与此次Spotlight项目申购活动,您需要先完成身份验证。2. 设置交易密码为确保账户安全性,所有用户都需要设置交易密码。3. 本次申购不支持国家/地址名单美利坚合众国、加拿大、新西兰、泰国、日本、中国大陆、巴哈马、博茨瓦纳、古巴、朝鲜民主主义人民共和国、加纳、塞尔维亚、突尼斯、索马里、津巴布韦、南苏丹、苏丹(北部)、苏丹(达尔富尔)、伊朗、伊拉克、利比亚、叙利亚、厄立特里亚、埃塞俄比亚、也门、斯里兰卡、阿富汗、阿尔巴尼亚、白俄罗斯、波斯尼亚和黑塞哥维那、布隆迪、中非共和国、科特迪瓦、刚果民主共和国、几内亚、几内亚比绍、黎巴嫩、利比里亚、缅甸、巴基斯坦、尼加拉瓜、马其顿共和国、特立尼达和多巴哥、突尼斯、乌干达、乌克兰和委内瑞拉。4.签署购买协议为参与此次申购活动,所有用户均需提前签署购买协议。请认真阅读相关条款和规定,如果您接受条款,请点击“确认”。5. 使用KuCoin Shares(KCS)进行申购本次申购活动支持KuCoin Shares(KCS)为置换token。我们建议您在交易账户中(非主账户)提前存入足量的KuCoin Shares(KCS)参与本次申购活动。以上所有步骤均可在申购活动开始前,于Spotlight专页中完成。KuCoin Spotlight页面申购操作图示在您的账户满足所有申购条件前,Spotlight页面上将会显示“不满足购买条件,请完成以下操作”。一旦您的账户满足购买标准,在申购活动开始前,将会出现“即将开始”的标识。申购活动开启后,您可选择抢购数量,点击“立即抢购”,输入交易密码后即可下单。如果您的订单进行顺利,将会弹窗信息提示您申购成功。通过点击网页右上角的“购买记录”,您可以查看自己的历史申购记录。Tutorial for Participating in the Token Sale of Spotlight Projects | KuCoin Spotlight项目申购活动指导手册 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 26

KuCoin Weekly Report #29–20...

Listed ProjectsFetch.Ai (FET) was listed on KuCoin.Listed date: 2019/3/8Available Trading Pairs: FET/BTC and FET/ETHAnkr Network (ANKR) was listed on KuCoin.Listed date: 2019/3/14Available Trading Pairs: ANKR/BTC and ANKR/ETHDxChain (DX) was listed on KuCoin.Listed date: 2019/3/22Available Trading Pairs: DX/BTC and DX/ETHCampaigns & Promos#MetaHash (MHC) Trading Competition: Win 5 BTC!https://www.kucoin.com/news/en-metahash-mhc-trading-competition-5-btcRewards DistributionLOKI Campaign Rewards Distributedhttps://www.kucoin.com/news/en-loki-campaign-rewards-distributedHOT Campaign Rewards Distributedhttps://www.kucoin.com/news/en-hot-campaign-rewards-distributedCSP Campaign Rewards Distributedhttps://www.kucoin.com/news/en-csp-campaign-rewards-distributedAVA Campaign Rewards Distributedhttps://www.kucoin.com/news/en-ava-campaign-rewards-distributedFET Campaign Rewards Distributedhttps://www.kucoin.com/news/en-fet-campaign-rewards-distributedKuCoin NewsIntroducing KuCoin SpotlightDear KuCoin users,KuCoin has been persistent in its pursuit of finding and supporting blockchain projects with real potential. KuCoin’s vision brings Spotlight to the stage. KuCoin Spotlight aims to assist blockchain projects in raising the needed funds, attracting market attention and improving industrial influence.KuCoin Spotlight will officially announce its first Spotlight project within this week. The Spotlight token sale is on a first-come, first-served basis. The sale will be based on KCS and the actual price in KCS will be announced on the day of sale.Users must complete identity authentication (KYC) in advance, before their purchase. To comply with local regulations, users in some countries and regions cannot participate in the sale.Details Inside: https://www.kucoin.com/news/en-introducing-kucoin-spotlightKuCoin Newest Ambassadors — CV Labs & Tokengatehttps://www.kucoin.com/news/en-kucoin-newest-ambassadors-cv-labs-tokengateKuCoin Global Meetup in Moscowhttps://twitter.com/KuCoinDaily/status/1108277122114576384KuCoin Prestige Investors Gathering in Moscowhttps://twitter.com/KuCoinDaily/status/1108641635494039552KuCoin Tech UpdatesKuCoin Matching Engine and Trading System Upgradinghttps://www.kucoin.com/news/en-kucoin-matching-engine-and-trading-system-upgradingFebruary ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-february-ong-distribution-for-ont-holders-completedFebruary GALA Distribution for ZPT Holders Completedhttps://www.kucoin.com/news/en-february-gala-distribution-for-zpt-holders-completedFebruary VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-february-vtho-distribution-for-vet-holders-completedMHC/USDT Trading Pair is Available on KuCoinhttps://www.kucoin.com/news/en-mhc-usdt-trading-pair-is-available-on-kucoinKuCoin Update of Projects Listed in the KuCoin Plus Trading Areahttps://www.kucoin.com/news/824-20March BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-march-btt-airdrop-distribution-for-trx-holders-completedKuCoin MainNet Swap of IOST Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-swap-of-iost-completeST: KuCoin Delisting of ZINC and PURAhttps://www.kucoin.com/news/en-st-kucoin-delisting-of-zinc-and-puraKuCoin to Partially Adjust Rules of Airdrop Distributionhttps://www.kucoin.com/news/814-20Follow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #29–2019/3/23 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 03. 23

Public Chain: Come and Meet...

While I was stuffed into a subway car this morning like a sardine, there was a moment where I felt like my spirit was squeezed from my body.At this time, I am usually stuck in rush-hour traffic in my car, psychologically fretful but physically comfy, except for the fact that my car is currently in the garage for a quite severe scratch thanks to the driver, my colleague.But at least no one got injured. Bad news is better than worse news.Some people believe that ‘Bad news can be better than no news’ — headline of a New York Times article published on October 24th 2008.“People who are mildly neurotic are stressed by uncertainty even more than by bad news,” the writer Roni Caryn Rabin wrote in the article.Are passionate crypto traders “mildly neurotic”? I don’t know about others, but I prefer a fluctuating market over a quiet market.The reason I bring this up is because a piece of news popped up yesterday morning saying that the 24-hour Ethereum on-chain transaction volume jumped by approximately 46% day-on-day, which, in itself, is not necessarily a bullish market indicator.But, if we see it from a blockchain evangelist’s perspective rather than a crypto trader’s, could anyone blame a public chain for showing strong transactional activity?Speaking of public chain, as I mentioned in the last post, I believe it is one of the verticals with the greatest potential. In general, it has a very bright future.I suppose not many people understand the technology super thoroughly, so here are some tips that I apply, based on the frame of one theory — The Impossible Trinity.Also known as The Trilemma, it was originally an economics theory which suggests that, due to mutual exclusivity, at most two of the following options could be met when making international monetary policy (China sacrifices the second option) — fixed currency exchange, free cross-border capital flow and autonomous monetary policy.The blockchain world has derived its own impossible trinity:a) Being strongly scalable.b) Being fully decentralized;c) Being perfectly secure;Bitcoin and Ethereum are the most typical public chains with scalability issues. The former is holding up at 7 transactions per second (TPS), while the latter could double the number to 15 -20 TPS.EOS performs much better in terms of scalability as it is able to process 1000 transactions in a blink. And yet, VISA’s TPS figure stands at an insurmountable 24,000, at least for now.As for full decentralization, what do you think makes EOS’s TPS figure so much more impressive than Bitcoin’s and Ethereum’s?Just as the name of the consensus EOS applies indicates — delegated proof-of-stake — while there are delegates, there also are mandators or voters, whatever you call them. It is technically not full decentralization.Now, my negative example of security just perfectly proves the exclusivity. Zilliqa, with its sharding technology, successfully brings the TPS up to 2448. There’s not much dispute over it being decentralized either.However, the basic concept of this technology is to divide the network into shards, which process the computing synchronously to achieve better efficiency.A smaller-size network is naturally more vulnerable against DDoS attacks and double-spending attacks, among other threats. Thus, it must, on one hand, guarantee an acceptable computing efficiency while, on the other hand, make sure the shards include the most honest nodes possible to stand against the potential attacks.Sorry, my bad. Enough for the dark side. My intention is to encourage you guys to keep your eyes on the donut, not the hole. There are always challenges, but there are also always solutions.Plus, what is the satisfactory scalability of blockchain? Simply benchmarking VISA’s 24,000 TPS? Or a million-level TPS, the target (not vision) Vitalik set for Ethereum for the foreseeable future? Let’s say in the foreseeable future that the target is achieved and there are actually millions of deals being executed on chain. Is there a proper solution for mega data storage?Technology never stops evolving and one can hardly hope for perfection.Same for us, being just a crypto trader, we should know certain trading skills and tools; being a blockchain technology follower, we must keep absorbing updated knowledge.I aim to be both. And you?Public Chain: Come and Meet The Impossible Trinity was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 22

Public Chain: Come and Meet...

While I was stuffed into a subway car this morning like a sardine, there was a moment where I felt like my spirit was squeezed from my body.At this time, I am usually stuck in rush-hour traffic in my car, psychologically fretful but physically comfy, except for the fact that my car is currently in the garage for a quite severe scratch thanks to the driver, my colleague.But at least no one got injured. Bad news is better than worse news.Some people believe that ‘Bad news can be better than no news’ — headline of a New York Times article published on October 24th 2008.“People who are mildly neurotic are stressed by uncertainty even more than by bad news,” the writer Roni Caryn Rabin wrote in the article.Are passionate crypto traders “mildly neurotic”? I don’t know about others, but I prefer a fluctuating market over a quiet market.The reason I bring this up is because a piece of news popped up yesterday morning saying that the 24-hour Ethereum on-chain transaction volume jumped by approximately 46% day-on-day, which, in itself, is not necessarily a bullish market indicator.But, if we see it from a blockchain evangelist’s perspective rather than a crypto trader’s, could anyone blame a public chain for showing strong transactional activity?Speaking of public chain, as I mentioned in the last post, I believe it is one of the verticals with the greatest potential. In general, it has a very bright future.I suppose not many people understand the technology super thoroughly, so here are some tips that I apply, based on the frame of one theory — The Impossible Trinity.Also known as The Trilemma, it was originally an economics theory which suggests that, due to mutual exclusivity, at most two of the following options could be met when making international monetary policy (China sacrifices the second option) — fixed currency exchange, free cross-border capital flow and autonomous monetary policy.The blockchain world has derived its own impossible trinity:a) Being strongly scalable.b) Being fully decentralized;c) Being perfectly secure;Bitcoin and Ethereum are the most typical public chains with scalability issues. The former is holding up at 7 transactions per second (TPS), while the latter could double the number to 15 -20 TPS.EOS performs much better in terms of scalability as it is able to process 1000 transactions in a blink. And yet, VISA’s TPS figure stands at an insurmountable 24,000, at least for now.As for full decentralization, what do you think makes EOS’s TPS figure so much more impressive than Bitcoin’s and Ethereum’s?Just as the name of the consensus EOS applies indicates — delegated proof-of-stake — while there are delegates, there also are mandators or voters, whatever you call them. It is technically not full decentralization.Now, my negative example of security just perfectly proves the exclusivity. Zilliqa, with its sharding technology, successfully brings the TPS up to 2448. There’s not much dispute over it being decentralized either.However, the basic concept of this technology is to divide the network into shards, which process the computing synchronously to achieve better efficiency.A smaller-size network is naturally more vulnerable against DDoS attacks and double-spending attacks, among other threats. Thus, it must, on one hand, guarantee an acceptable computing efficiency while, on the other hand, make sure the shards include the most honest nodes possible to stand against the potential attacks.Sorry, my bad. Enough for the dark side. My intention is to encourage you guys to keep your eyes on the donut, not the hole. There are always challenges, but there are also always solutions.Plus, what is the satisfactory scalability of blockchain? Simply benchmarking VISA’s 24,000 TPS? Or a million-level TPS, the target (not vision) Vitalik set for Ethereum for the foreseeable future? Let’s say in the foreseeable future that the target is achieved and there are actually millions of deals being executed on chain. Is there a proper solution for mega data storage?Technology never stops evolving and one can hardly hope for perfection.Same for us, being just a crypto trader, we should know certain trading skills and tools; being a blockchain technology follower, we must keep absorbing updated knowledge.I aim to be both. And you?Public Chain: Come and Meet The Impossible Trinity was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 22

KuCoin Welcomes Swiss Block...

March 15, 2019 — KuCoin, an IDG-backed global cryptocurrency exchange, today announced its partnership with CV Labs & Tokengate. Based on the collaboration, CV Labs & Tokengate will join KuCoin’s Global Titan Ambassador program, working with the KuCoin team to discover more promising projects. Also, KuCoin will become the ecosystem partner of both CV Labs and Tokengate, contributing to the empowerment of blockchain and crypto companies who settle in Zug.Switzerland and Liechtenstein is home to over 750 blockchain-related companies, with many pioneers and pace-setters among them. Located in the heart of Switzerland’s Crypto Valley, CV Labs, together with other partners, is dedicated to helping blockchain-related companies by providing a wide range of services from business and technology advisory to project financing with Tokengate. As the “People’s Exchange”, KuCoin is always committed to bringing the most valuable digital assets to its 5 million users globally. As of now, the platform has listed over 180 tokens, including nearly 400 trading pairs.“As a traditional innovation center, Switzerland has become a leading hub for new technologies like blockchain, and CV Labs and Tokengate have shown their commitment to fostering a sustainable crypto ecosystem in this country,” said Michael Gan, CEO at KuCoin. “We are thrilled to be part of this vibrant community and assist crypto firms in growing their potential.”Ralf Glabischnig, member of the board of Tokengate and CV Labs commented: “We are excited about the partnership with KuCoin as we believe there are several synergies that can be used. CV Labs and Tokengate provide all sorts of support to blockchain startups, nurturing companies that have the potential to revolutionize the world. By partnering with KuCoin, the two parties will be able to select projects with real value and bring them to the main stage of the world.”Initiated in August 2018, KuCoin’s Global Titan Ambassador Program is targeting investment firms and influential individuals in the crypto space. Projects suggested by ambassadors will be checked by the KuCoin team as a priority and given fast-track treatment if approved for listing. Current KuCoin Global Ambassadors include Breyer Labs, NEO Global Capital (NGC) and LFG Global.To apply for your Global Titan Ambassador position, please fill out the form below:https://goo.gl/forms/RLbmNnHnclzB8WN82About KuCoinThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and enjoyed steady growth into 2018. The KuCoin exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest-quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018 ‘The People’s Exchange’ officially partnered with IDG Capital, Matrix Partners, and Neo Global Capital.About CV LabsCV Labs is a unique place in Crypto Valley where great minds and new ideas come together to discuss and to innovate. Opened in February 2018, the genesis hub is located just near the train station of Zug and offers more than 2000 square meters of co-working space and private offices. Currently, CV Labs is the home for more than 120 blockchain startups and an incubation program.About TokengateTokengate is the market infrastructure to fully regularly compliant onboard people to the crypto world and emit tokens into the primary market. As such an ideal partner not only to find the “hidden gems” but also the trader community.Press ContactsKuCoin:media@kucoin.comKuCoin Welcomes Swiss Blockchain Institution CV Labs & Tokengate as its Newest Global Ambassadors was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

KuCoin Welcomes Swiss Block...

March 15, 2019 — KuCoin, an IDG-backed global cryptocurrency exchange, today announced its partnership with CV Labs & Tokengate. Based on the collaboration, CV Labs & Tokengate will join KuCoin’s Global Titan Ambassador program, working with the KuCoin team to discover more promising projects. Also, KuCoin will become the ecosystem partner of both CV Labs and Tokengate, contributing to the empowerment of blockchain and crypto companies who settle in Zug.Switzerland and Liechtenstein is home to over 750 blockchain-related companies, with many pioneers and pace-setters among them. Located in the heart of Switzerland’s Crypto Valley, CV Labs, together with other partners, is dedicated to helping blockchain-related companies by providing a wide range of services from business and technology advisory to project financing with Tokengate. As the “People’s Exchange”, KuCoin is always committed to bringing the most valuable digital assets to its 5 million users globally. As of now, the platform has listed over 180 tokens, including nearly 400 trading pairs.“As a traditional innovation center, Switzerland has become a leading hub for new technologies like blockchain, and CV Labs and Tokengate have shown their commitment to fostering a sustainable crypto ecosystem in this country,” said Michael Gan, CEO at KuCoin. “We are thrilled to be part of this vibrant community and assist crypto firms in growing their potential.”Ralf Glabischnig, member of the board of Tokengate and CV Labs commented: “We are excited about the partnership with KuCoin as we believe there are several synergies that can be used. CV Labs and Tokengate provide all sorts of support to blockchain startups, nurturing companies that have the potential to revolutionize the world. By partnering with KuCoin, the two parties will be able to select projects with real value and bring them to the main stage of the world.”Initiated in August 2018, KuCoin’s Global Titan Ambassador Program is targeting investment firms and influential individuals in the crypto space. Projects suggested by ambassadors will be checked by the KuCoin team as a priority and given fast-track treatment if approved for listing. Current KuCoin Global Ambassadors include Breyer Labs, NEO Global Capital (NGC) and LFG Global.To apply for your Global Titan Ambassador position, please fill out the form below:https://goo.gl/forms/RLbmNnHnclzB8WN82About KuCoinThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and enjoyed steady growth into 2018. The KuCoin exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest-quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018 ‘The People’s Exchange’ officially partnered with IDG Capital, Matrix Partners, and Neo Global Capital.About CV LabsCV Labs is a unique place in Crypto Valley where great minds and new ideas come together to discuss and to innovate. Opened in February 2018, the genesis hub is located just near the train station of Zug and offers more than 2000 square meters of co-working space and private offices. Currently, CV Labs is the home for more than 120 blockchain startups and an incubation program.About TokengateTokengate is the market infrastructure to fully regularly compliant onboard people to the crypto world and emit tokens into the primary market. As such an ideal partner not only to find the “hidden gems” but also the trader community.Press ContactsKuCoin:media@kucoin.comKuCoin Welcomes Swiss Blockchain Institution CV Labs & Tokengate as its Newest Global Ambassadors was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

KuCoin Welcomes Swiss Block...

March 15, 2019 — KuCoin, an IDG-backed global cryptocurrency exchange, today announced its partnership with CV Labs & Tokengate. Based on the collaboration, CV Labs & Tokengate will join KuCoin’s Global Titan Ambassador program, working with the KuCoin team to discover more promising projects. Also, KuCoin will become the ecosystem partner of both CV Labs and Tokengate, contributing to the empowerment of blockchain and crypto companies who settle in Zug.Switzerland and Liechtenstein is home to over 750 blockchain-related companies, with many pioneers and pace-setters among them. Located in the heart of Switzerland’s Crypto Valley, CV Labs, together with other partners, is dedicated to helping blockchain-related companies by providing a wide range of services from business and technology advisory to project financing with Tokengate. As the “People’s Exchange”, KuCoin is always committed to bringing the most valuable digital assets to its 5 million users globally. As of now, the platform has listed over 180 tokens, including nearly 400 trading pairs.“As a traditional innovation center, Switzerland has become a leading hub for new technologies like blockchain, and CV Labs and Tokengate have shown their commitment to fostering a sustainable crypto ecosystem in this country,” said Michael Gan, CEO at KuCoin. “We are thrilled to be part of this vibrant community and assist crypto firms in growing their potential.”Ralf Glabischnig, member of the board of Tokengate and CV Labs commented: “We are excited about the partnership with KuCoin as we believe there are several synergies that can be used. CV Labs and Tokengate provide all sorts of support to blockchain startups, nurturing companies that have the potential to revolutionize the world. By partnering with KuCoin, the two parties will be able to select projects with real value and bring them to the main stage of the world.”Initiated in August 2018, KuCoin’s Global Titan Ambassador Program is targeting investment firms and influential individuals in the crypto space. Projects suggested by ambassadors will be checked by the KuCoin team as a priority and given fast-track treatment if approved for listing. Current KuCoin Global Ambassadors include Breyer Labs, NEO Global Capital (NGC) and LFG Global.To apply for your Global Titan Ambassador position, please fill out the form below:https://goo.gl/forms/RLbmNnHnclzB8WN82About KuCoinThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and enjoyed steady growth into 2018. The KuCoin exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest-quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018 ‘The People’s Exchange’ officially partnered with IDG Capital, Matrix Partners, and Neo Global Capital.About CV LabsCV Labs is a unique place in Crypto Valley where great minds and new ideas come together to discuss and to innovate. Opened in February 2018, the genesis hub is located just near the train station of Zug and offers more than 2000 square meters of co-working space and private offices. Currently, CV Labs is the home for more than 120 blockchain startups and an incubation program.About TokengateTokengate is the market infrastructure to fully regularly compliant onboard people to the crypto world and emit tokens into the primary market. As such an ideal partner not only to find the “hidden gems” but also the trader community.Press ContactsKuCoin:media@kucoin.comKuCoin Welcomes Swiss Blockchain Institution CV Labs & Tokengate as its Newest Global Ambassadors was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

Spotlight: Chin Up! There A...

To start, this is an advertorial of KuCoin’s new project launching program ‘Spotlight’. Yes, I am not trying to trick you — no hugger-mugger at all.Now, before you leave, you might just want to ask yourself one question:Why would an exchange invest a huge amount of resources — time, manpower and money — into a brand-new product in such a dull market? For good reasons, obviously.Let me elaborate, step by step.For those who don’t have much time to scrutinize the whole article, I promise to highlight the keywords. But come on, it won’t be longer than 500 words after all.What is Spotlight?As our CEO Michael Gan’s latest Tweet read, it is a platform for “hidden gems in blockchain with great potential and value” to display themselves to a mass audience from close range and win their hearts (and financial aids) for further expansion.How is it different from an ICO?Very straightforward. Just think about the counterpart risk.Bring the time back to early last year, when we all saw ICOs mushrooming — good projects and malicious ones — thanks to an irrational sentiment of the whole market, believing only in upward momentum.How many of you guys were NOT punished by reckless investments in, what turned out to be, unreliable projects back then? Sorry, I mean speculation. Or maybe I should say gambling.Nowadays, programs like Spotlight shoulder the whole platforms’ reputation that not a single decent exchange would want to risk.“My good opinion once lost is lost forever.” — Quoting Mr. Darcy in ‘Pride and Prejudice’ of Jane Austen.The value is integrity. Stick to it, period. However, to carry it out is another issue, a sounds-simple but difficult-to-implement one. That is, to screen out the “hidden gems”.Where to spotlight on?Some of you might have heard about a saying that is quite common in China:There are no so-called sunset industries, the sun is just set for certain enterprises.Similarly, in the blockchain world for starters, it is now universally conceded that the technology itself is meant to boom. Secondly, there are “hidden gems” across almost every vertical.Here are some that I’d like to share with you guys.Public chain. Without much exaggeration, public chains shoulder the prospect of blockchain. Just take a quick glance over Bitcoin, Ethereum, Litecoin, NEO and EOS, among others. It is indisputably the origin of the technology.Privacy-related solution. I’ve heard several friends emphasize the importance of data in the ongoing internet revolution. Some have called it ‘the fuel’, others called it ‘the blood’.Regardless of the dramatic wordings, we are definitely expecting a trillion-dollar data market. Everyone sees the opportunity, including the data hubs — I’d be very surprised if internet giants such as Alibaba weren’t aware — and the true data owners, the end-users, who are increasingly conscious of protecting their privacy.Other infrastructure technology. Highlighting these three sectors doesn’t mean we don’t look at others. Our list goes on and on.It’s just that we have seen a lot of such tech-heavy projects that were run by a bunch of geeks who may be too concentrated on coding to execute some reasonable promotion. Some of these projects are still struggling to survive, while some have had to give up. Such teams deserve proper financial aids to grow as, at the end of the day, they may significantly contribute to the blockchain evolution eventually.So, this is it.We are strongly convinced that it’s a meaningful move and, together with our respectful peers, we’ll become a major driven power to a fast-growing cutting-edge technology.End of the advertorial. Oops, sorry about the extra 100-ish words.Btw, KuCoin is on Twitter @kucoincom, and Michael is @gan_chun, while I myself is @lyu_johnny, come and speak with us!Spotlight: Chin Up! There Are Still Hidden Gems in the Crypto World! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

Spotlight: Chin Up! There A...

To start, this is an advertorial of KuCoin’s new project launching program ‘Spotlight’. Yes, I am not trying to trick you — no hugger-mugger at all.Now, before you leave, you might just want to ask yourself one question:Why would an exchange invest a huge amount of resources — time, manpower and money — into a brand-new product in such a dull market? For good reasons, obviously.Let me elaborate, step by step.For those who don’t have much time to scrutinize the whole article, I promise to highlight the keywords. But come on, it won’t be longer than 500 words after all.What is Spotlight?As our CEO Michael Gan’s latest Tweet read, it is a platform for “hidden gems in blockchain with great potential and value” to display themselves to a mass audience from close range and win their hearts (and financial aids) for further expansion.How is it different from an ICO?Very straightforward. Just think about the counterpart risk.Bring the time back to early last year, when we all saw ICOs mushrooming — good projects and malicious ones — thanks to an irrational sentiment of the whole market, believing only in upward momentum.How many of you guys were NOT punished by reckless investments in, what turned out to be, unreliable projects back then? Sorry, I mean speculation. Or maybe I should say gambling.Nowadays, programs like Spotlight shoulder the whole platforms’ reputation that not a single decent exchange would want to risk.“My good opinion once lost is lost forever.” — Quoting Mr. Darcy in ‘Pride and Prejudice’ of Jane Austen.The value is integrity. Stick to it, period. However, to carry it out is another issue, a sounds-simple but difficult-to-implement one. That is, to screen out the “hidden gems”.Where to spotlight on?Some of you might have heard about a saying that is quite common in China:There are no so-called sunset industries, the sun is just set for certain enterprises.Similarly, in the blockchain world for starters, it is now universally conceded that the technology itself is meant to boom. Secondly, there are “hidden gems” across almost every vertical.Here are some that I’d like to share with you guys.Public chain. Without much exaggeration, public chains shoulder the prospect of blockchain. Just take a quick glance over Bitcoin, Ethereum, Litecoin, NEO and EOS, among others. It is indisputably the origin of the technology.Privacy-related solution. I’ve heard several friends emphasize the importance of data in the ongoing internet revolution. Some have called it ‘the fuel’, others called it ‘the blood’.Regardless of the dramatic wordings, we are definitely expecting a trillion-dollar data market. Everyone sees the opportunity, including the data hubs — I’d be very surprised if internet giants such as Alibaba weren’t aware — and the true data owners, the end-users, who are increasingly conscious of protecting their privacy.Other infrastructure technology. Highlighting these three sectors doesn’t mean we don’t look at others. Our list goes on and on.It’s just that we have seen a lot of such tech-heavy projects that were run by a bunch of geeks who may be too concentrated on coding to execute some reasonable promotion. Some of these projects are still struggling to survive, while some have had to give up. Such teams deserve proper financial aids to grow as, at the end of the day, they may significantly contribute to the blockchain evolution eventually.So, this is it.We are strongly convinced that it’s a meaningful move and, together with our respectful peers, we’ll become a major driven power to a fast-growing cutting-edge technology.End of the advertorial. Oops, sorry about the extra 100-ish words.Btw, KuCoin is on Twitter @kucoincom, and Michael is @gan_chun, while I myself is @lyu_johnny, come and speak with us!Spotlight: Chin Up! There Are Still Hidden Gems in the Crypto World! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

Spotlight: Chin Up! There A...

To start, this is an advertorial of KuCoin’s new project launching program ‘Spotlight’. Yes, I am not trying to trick you — no hugger-mugger at all.Now, before you leave, you might just want to ask yourself one question:Why would an exchange invest a huge amount of resources — time, manpower and money — into a brand-new product in such a dull market? For good reasons, obviously.Let me elaborate, step by step.For those who don’t have much time to scrutinize the whole article, I promise to highlight the keywords. But come on, it won’t be longer than 500 words after all.What is Spotlight?As our CEO Michael Gan’s latest Tweet read, it is a platform for “hidden gems in blockchain with great potential and value” to display themselves to a mass audience from close range and win their hearts (and financial aids) for further expansion.How is it different from an ICO?Very straightforward. Just think about the counterpart risk.Bring the time back to early last year, when we all saw ICOs mushrooming — good projects and malicious ones — thanks to an irrational sentiment of the whole market, believing only in upward momentum.How many of you guys were NOT punished by reckless investments in, what turned out to be, unreliable projects back then? Sorry, I mean speculation. Or maybe I should say gambling.Nowadays, programs like Spotlight shoulder the whole platforms’ reputation that not a single decent exchange would want to risk.“My good opinion once lost is lost forever.” — Quoting Mr. Darcy in ‘Pride and Prejudice’ of Jane Austen.The value is integrity. Stick to it, period. However, to carry it out is another issue, a sounds-simple but difficult-to-implement one. That is, to screen out the “hidden gems”.Where to spotlight on?Some of you might have heard about a saying that is quite common in China:There are no so-called sunset industries, the sun is just set for certain enterprises.Similarly, in the blockchain world for starters, it is now universally conceded that the technology itself is meant to boom. Secondly, there are “hidden gems” across almost every vertical.Here are some that I’d like to share with you guys.Public chain. Without much exaggeration, public chains shoulder the prospect of blockchain. Just take a quick glance over Bitcoin, Ethereum, Litecoin, NEO and EOS, among others. It is indisputably the origin of the technology.Privacy-related solution. I’ve heard several friends emphasize the importance of data in the ongoing internet revolution. Some have called it ‘the fuel’, others called it ‘the blood’.Regardless of the dramatic wordings, we are definitely expecting a trillion-dollar data market. Everyone sees the opportunity, including the data hubs — I’d be very surprised if internet giants such as Alibaba weren’t aware — and the true data owners, the end-users, who are increasingly conscious of protecting their privacy.Other infrastructure technology. Highlighting these three sectors doesn’t mean we don’t look at others. Our list goes on and on.It’s just that we have seen a lot of such tech-heavy projects that were run by a bunch of geeks who may be too concentrated on coding to execute some reasonable promotion. Some of these projects are still struggling to survive, while some have had to give up. Such teams deserve proper financial aids to grow as, at the end of the day, they may significantly contribute to the blockchain evolution eventually.So, this is it.We are strongly convinced that it’s a meaningful move and, together with our respectful peers, we’ll become a major driven power to a fast-growing cutting-edge technology.End of the advertorial. Oops, sorry about the extra 100-ish words.Btw, KuCoin is on Twitter @kucoincom, and Michael is @gan_chun, while I myself is @lyu_johnny, come and speak with us!Spotlight: Chin Up! There Are Still Hidden Gems in the Crypto World! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

Spotlight: Chin Up! There A...

To start, this is an advertorial of KuCoin’s new project launching program ‘Spotlight’. Yes, I am not trying to trick you — no hugger-mugger at all.Now, before you leave, you might just want to ask yourself one question:Why would an exchange invest a huge amount of resources — time, manpower and money — into a brand-new product in such a dull market? For good reasons, obviously.Let me elaborate, step by step.For those who don’t have much time to scrutinize the whole article, I promise to highlight the keywords. But come on, it won’t be longer than 500 words after all.What is Spotlight?As our CEO Michael Gan’s latest Tweet read, it is a platform for “hidden gems in blockchain with great potential and value” to display themselves to a mass audience from close range and win their hearts (and financial aids) for further expansion.How is it different from an ICO?Very straightforward. Just think about the counterpart risk.Bring the time back to early last year, when we all saw ICOs mushrooming — good projects and malicious ones — thanks to an irrational sentiment of the whole market, believing only in upward momentum.How many of you guys were NOT punished by reckless investments in, what turned out to be, unreliable projects back then? Sorry, I mean speculation. Or maybe I should say gambling.Nowadays, programs like Spotlight shoulder the whole platforms’ reputation that not a single decent exchange would want to risk.“My good opinion once lost is lost forever.” — Quoting Mr. Darcy in ‘Pride and Prejudice’ of Jane Austen.The value is integrity. Stick to it, period. However, to carry it out is another issue, a sounds-simple but difficult-to-implement one. That is, to screen out the “hidden gems”.Where to spotlight on?Some of you might have heard about a saying that is quite common in China:There are no so-called sunset industries, the sun is just set for certain enterprises.Similarly, in the blockchain world for starters, it is now universally conceded that the technology itself is meant to boom. Secondly, there are “hidden gems” across almost every vertical.Here are some that I’d like to share with you guys.Public chain. Without much exaggeration, public chains shoulder the prospect of blockchain. Just take a quick glance over Bitcoin, Ethereum, Litecoin, NEO and EOS, among others. It is indisputably the origin of the technology.Privacy-related solution. I’ve heard several friends emphasize the importance of data in the ongoing internet revolution. Some have called it ‘the fuel’, others called it ‘the blood’.Regardless of the dramatic wordings, we are definitely expecting a trillion-dollar data market. Everyone sees the opportunity, including the data hubs — I’d be very surprised if internet giants such as Alibaba weren’t aware — and the true data owners, the end-users, who are increasingly conscious of protecting their privacy.Other infrastructure technology. Highlighting these three sectors doesn’t mean we don’t look at others. Our list goes on and on.It’s just that we have seen a lot of such tech-heavy projects that were run by a bunch of geeks who may be too concentrated on coding to execute some reasonable promotion. Some of these projects are still struggling to survive, while some have had to give up. Such teams deserve proper financial aids to grow as, at the end of the day, they may significantly contribute to the blockchain evolution eventually.So, this is it.We are strongly convinced that it’s a meaningful move and, together with our respectful peers, we’ll become a major driven power to a fast-growing cutting-edge technology.End of the advertorial. Oops, sorry about the extra 100-ish words.Btw, KuCoin is on Twitter @kucoincom, and Michael is @gan_chun, while I myself is @lyu_johnny, come and speak with us!Spotlight: Chin Up! There Are Still Hidden Gems in the Crypto World! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

Stop-Loss Orders Keep Crypt...

Have you ever pondered over what the biggest stumbling block is on the way to getting rich via whatever sort of investment instrument?My answer would be the weakness of human nature.In retrospect of our investment track records, I’m sure we’ve all experienced such moments when we got greedy as the price of an asset went up, and expected the profits to further increase with blind optimism.On the other hand, while the price dropped, also with blind optimism, we expected the downward trend to stop soon. But guess what? The plunge never ended!Most of the time, these cases turn out to be just self-deception, which causes actual loss or loss in prospect interest.Fortunately, such self-deception is not a kind of incurable illness in the financial world, or even in the cryptocurrency area, thanks to these two trading tools — the take-profit (T/P) order and the stop-loss (S/L) order.I’d like to reiterate a point I made in an article posted previously, that human-beings may not be able to execute an order so precisely that it would look coldblooded, but a computer can. What we great homo-sapiens need to do is to give orders as rationally as possible.As the name suggests, a T/P order allows us to take the profit while we still can. Placing the order, in brief, involves setting a price at which to close the position for profit. There are three straightforward ways to calculate the T/P price, amongst others.a) POINT. Setting it at a specific point is the most straightforward one. The price of BTC at the time of writing this article is $3855.55, which I expect to hit $3905.0 before the end of the day, so I set the latter as my T/P price.b) RATIO. Another way is to set the price based on the expected return rate. Let’s say I believe the BTC price will go up by 5% over the next 24 hours. I would set the T/P price at $4050. The math is also quite simple.c) LINE. The third method is a bit more complicated, as it involves some analysis. If we are opening position for short-swing trading, a widely-used price reference is a 5-day to 10-day average. If it’s a long run, we might have to take the history back for years, or for months in the case of the crypto world, and draw a trendline to make a rough prediction about the price in the coming months.The above keywords represent the three means most applied, but the logic behind each are way more complicated.For instance, some stock traders got very cautious and decisively made an order to take profit when alerted by an abnormally fast gain that flew high above the 60-day average. Well, this might not work exactly the same way in the crypto trading cases, but the basic concept is definitely worth noticing.Another alarming scenario in the traditional stock market, which is educational for anyone trading crypto, is when the market sees continuous gain and a sudden outrageously enormous amount of unit-time trading volume. Does that sound familiar? It does no harm to be cautious and to never rule out the possibility of a pump and dump.These might just be a few bricks of a trading skill tower, the most detectable anomalies that may trigger a T/P order, but don’t be scared. Stop-loss orders work very similarly, just in the opposite way.So, are you now interested in learning something that helps you die slower — sorry, I mean live longer — in the crypto market, and possibly even bring you a higher return rate? Let’s get moving!Stop-Loss Orders Keep Crypto Traders Alive, Take-Profit Orders Make Them Richer? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 08