KuCoin Shares

KuCoin is the most advanced cryptocurrency exchange.

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

reference material Whitepaper.pdf

Community

Market
1,656.19 KRW
Exchanges that listed the coin
2
Symbol
KCS
Dapp
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

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.

KuCoin Shares

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.

KuCoin Shares

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

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

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

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

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

Iceberg Orders in Crypto Tr...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

Iceberg Orders in Crypto Tr...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

Iceberg Orders in Crypto Tr...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

Iceberg Orders in Crypto Tr...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

Iceberg Orders in Crypto Tr...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

Iceberg Orders in Crypto Tr...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

KuCoin Weekly Report #28–20...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

KuCoin Weekly Report #28–20...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

KuCoin Weekly Report #28–20...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

KuCoin Weekly Report #28–20...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

KuCoin Weekly Report #28–20...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

KuCoin Weekly Report #28–20...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

Want to Trade Flawlessly? T...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Want to Trade Flawlessly? T...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Want to Trade Flawlessly? T...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Want to Trade Flawlessly? T...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Want to Trade Flawlessly? T...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Want to Trade Flawlessly? T...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Can We Play Some Serious Bl...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Can We Play Some Serious Bl...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Can We Play Some Serious Bl...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Can We Play Some Serious Bl...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Can We Play Some Serious Bl...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Can We Play Some Serious Bl...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Blockchain Payment in China...

Last time, we sketched a future of blockchain-based government apparatuses running with much higher efficiency but lower cost, which I don’t expect to see come soon.Truly, it has never been easy to bring down the ruling class, not just because its authority is heavily secured by strong watchdogs, but also thanks to the non-political privileged stratum, which is tightly bonded to the top of the power hierarchy and would do everything to defend its vested interest.Blockchain technology, however, was born against all types of centralization — power is undisputedly the most classic case.Thus, it makes better sense to interpret mass adoption as commercial adoption of the technology. This is especially true in developing economies like China, where the market usually emphasizes on tangible achievements such as sustainable growth and profitability. Less utopian but more practicable.According to a PwC analysis, in terms of the general leadership in the blockchain area, the United States has so far established a clear lead as of end-2018. However, the consulting firm is strongly convinced that China, the runner-up, will be catching up fast and will alter the situation over the coming five years.If we are envisaging a competition over pure technology, market openness or regulatory activeness between the world’s largest two economies, I’d call it a very close game. If, however, it is a fight for the crown of best commercial adoption, China is a country with a 1.4 billion population.I am not saying that nothing else matters to make a killing blockchain application.For starters, as Lei Jun — Xiaomi’s founder and Chinese billionaire — used to say “even a pig can fly if it stands at the center of a whirlwind”. Marking the vertical most likely to be the next eye of the wind is critical.Secondly, solid technology is no less important. It’s impossible to maintain strong user stickiness in the case of frequent webpage crashes or forced terminations, no matter how cool the application was in the beginning.Thirdly, the user base should be strong enough the support scale economy, as it often fits in the large volume slim margin model to monetize the internet traffic.So, what might be the next big deal in China’s new generation internet battlefield? Several of my friends put their money on the place “closest to the money”- payment it is.Research entity iiMedia’s latest “2017–2018” China Third-Party Mobile Payment Market Report read that, in 2017, the country’s mobile payment volume topped RMB 202 trillion, while GDP of the year stood at $12.24 trillion, or RMB 82.1 trillion.And, wait for it, the online payment figure was RMB 2075 trillion. Boom!But please don’t get excited too soon.No one would deny China’s pole position in terms of the potential adoption of blockchain into online — especially mobile payment.The roadmap could be traced back to a decade and a half ago, when Alipay was launched in 2004. WeChat Pay is much younger, but no less sophisticated in either technology or business model.Thanks to these two big players, with the almost inexhaustible resource in hand, they significantly contribute to China’s progress towards a cashless society that has impressed the whole world.However, the two Mr. Ma’s (Alibaba’s Jack Ma and Tencent’s Pony Ma) together have taken over 90% of China’s third-party mobile payment market share — 49.9% and 40.7% respectively — and I bet they’d be very happy to see someone covet their cheese.Does it mean it’s a total daydream for a blockchain player targeting this arena? Not necessary.It may sound cliché, but technology is truly neutral. Why would Alibaba and Tencent turn down the opportunity to equip itself with advanced technology for expansion?So, there seems to be a few options: a) establishing blockchain-based payment methods from scratch b) proposing Tencent with a cutting-edge technology to fill the 10% market share gap between itself and Ali Pay c) proposing Alibaba with a solid technology to take over the other half of the market d) fighting both Tencent and Alibaba for the current 10% remainder of the market.In addition to being careful about stepping on giants’ toes, there are other red zones we don’t want to enter into.That is China’s regulatory minefield, obviously — to be continued.Blockchain Payment in China: Blue Ocean of Commercial Adoption, or Others’ Backyards? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 01

Blockchain Payment in China...

Last time, we sketched a future of blockchain-based government apparatuses running with much higher efficiency but lower cost, which I don’t expect to see come soon.Truly, it has never been easy to bring down the ruling class, not just because its authority is heavily secured by strong watchdogs, but also thanks to the non-political privileged stratum, which is tightly bonded to the top of the power hierarchy and would do everything to defend its vested interest.Blockchain technology, however, was born against all types of centralization — power is undisputedly the most classic case.Thus, it makes better sense to interpret mass adoption as commercial adoption of the technology. This is especially true in developing economies like China, where the market usually emphasizes on tangible achievements such as sustainable growth and profitability. Less utopian but more practicable.According to a PwC analysis, in terms of the general leadership in the blockchain area, the United States has so far established a clear lead as of end-2018. However, the consulting firm is strongly convinced that China, the runner-up, will be catching up fast and will alter the situation over the coming five years.If we are envisaging a competition over pure technology, market openness or regulatory activeness between the world’s largest two economies, I’d call it a very close game. If, however, it is a fight for the crown of best commercial adoption, China is a country with a 1.4 billion population.I am not saying that nothing else matters to make a killing blockchain application.For starters, as Lei Jun — Xiaomi’s founder and Chinese billionaire — used to say “even a pig can fly if it stands at the center of a whirlwind”. Marking the vertical most likely to be the next eye of the wind is critical.Secondly, solid technology is no less important. It’s impossible to maintain strong user stickiness in the case of frequent webpage crashes or forced terminations, no matter how cool the application was in the beginning.Thirdly, the user base should be strong enough the support scale economy, as it often fits in the large volume slim margin model to monetize the internet traffic.So, what might be the next big deal in China’s new generation internet battlefield? Several of my friends put their money on the place “closest to the money”- payment it is.Research entity iiMedia’s latest “2017–2018” China Third-Party Mobile Payment Market Report read that, in 2017, the country’s mobile payment volume topped RMB 202 trillion, while GDP of the year stood at $12.24 trillion, or RMB 82.1 trillion.And, wait for it, the online payment figure was RMB 2075 trillion. Boom!But please don’t get excited too soon.No one would deny China’s pole position in terms of the potential adoption of blockchain into online — especially mobile payment.The roadmap could be traced back to a decade and a half ago, when Alipay was launched in 2004. WeChat Pay is much younger, but no less sophisticated in either technology or business model.Thanks to these two big players, with the almost inexhaustible resource in hand, they significantly contribute to China’s progress towards a cashless society that has impressed the whole world.However, the two Mr. Ma’s (Alibaba’s Jack Ma and Tencent’s Pony Ma) together have taken over 90% of China’s third-party mobile payment market share — 49.9% and 40.7% respectively — and I bet they’d be very happy to see someone covet their cheese.Does it mean it’s a total daydream for a blockchain player targeting this arena? Not necessary.It may sound cliché, but technology is truly neutral. Why would Alibaba and Tencent turn down the opportunity to equip itself with advanced technology for expansion?So, there seems to be a few options: a) establishing blockchain-based payment methods from scratch b) proposing Tencent with a cutting-edge technology to fill the 10% market share gap between itself and Ali Pay c) proposing Alibaba with a solid technology to take over the other half of the market d) fighting both Tencent and Alibaba for the current 10% remainder of the market.In addition to being careful about stepping on giants’ toes, there are other red zones we don’t want to enter into.That is China’s regulatory minefield, obviously — to be continued.Blockchain Payment in China: Blue Ocean of Commercial Adoption, or Others’ Backyards? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 01

Blockchain Payment in China...

Last time, we sketched a future of blockchain-based government apparatuses running with much higher efficiency but lower cost, which I don’t expect to see come soon.Truly, it has never been easy to bring down the ruling class, not just because its authority is heavily secured by strong watchdogs, but also thanks to the non-political privileged stratum, which is tightly bonded to the top of the power hierarchy and would do everything to defend its vested interest.Blockchain technology, however, was born against all types of centralization — power is undisputedly the most classic case.Thus, it makes better sense to interpret mass adoption as commercial adoption of the technology. This is especially true in developing economies like China, where the market usually emphasizes on tangible achievements such as sustainable growth and profitability. Less utopian but more practicable.According to a PwC analysis, in terms of the general leadership in the blockchain area, the United States has so far established a clear lead as of end-2018. However, the consulting firm is strongly convinced that China, the runner-up, will be catching up fast and will alter the situation over the coming five years.If we are envisaging a competition over pure technology, market openness or regulatory activeness between the world’s largest two economies, I’d call it a very close game. If, however, it is a fight for the crown of best commercial adoption, China is a country with a 1.4 billion population.I am not saying that nothing else matters to make a killing blockchain application.For starters, as Lei Jun — Xiaomi’s founder and Chinese billionaire — used to say “even a pig can fly if it stands at the center of a whirlwind”. Marking the vertical most likely to be the next eye of the wind is critical.Secondly, solid technology is no less important. It’s impossible to maintain strong user stickiness in the case of frequent webpage crashes or forced terminations, no matter how cool the application was in the beginning.Thirdly, the user base should be strong enough the support scale economy, as it often fits in the large volume slim margin model to monetize the internet traffic.So, what might be the next big deal in China’s new generation internet battlefield? Several of my friends put their money on the place “closest to the money”- payment it is.Research entity iiMedia’s latest “2017–2018” China Third-Party Mobile Payment Market Report read that, in 2017, the country’s mobile payment volume topped RMB 202 trillion, while GDP of the year stood at $12.24 trillion, or RMB 82.1 trillion.And, wait for it, the online payment figure was RMB 2075 trillion. Boom!But please don’t get excited too soon.No one would deny China’s pole position in terms of the potential adoption of blockchain into online — especially mobile payment.The roadmap could be traced back to a decade and a half ago, when Alipay was launched in 2004. WeChat Pay is much younger, but no less sophisticated in either technology or business model.Thanks to these two big players, with the almost inexhaustible resource in hand, they significantly contribute to China’s progress towards a cashless society that has impressed the whole world.However, the two Mr. Ma’s (Alibaba’s Jack Ma and Tencent’s Pony Ma) together have taken over 90% of China’s third-party mobile payment market share — 49.9% and 40.7% respectively — and I bet they’d be very happy to see someone covet their cheese.Does it mean it’s a total daydream for a blockchain player targeting this arena? Not necessary.It may sound cliché, but technology is truly neutral. Why would Alibaba and Tencent turn down the opportunity to equip itself with advanced technology for expansion?So, there seems to be a few options: a) establishing blockchain-based payment methods from scratch b) proposing Tencent with a cutting-edge technology to fill the 10% market share gap between itself and Ali Pay c) proposing Alibaba with a solid technology to take over the other half of the market d) fighting both Tencent and Alibaba for the current 10% remainder of the market.In addition to being careful about stepping on giants’ toes, there are other red zones we don’t want to enter into.That is China’s regulatory minefield, obviously — to be continued.Blockchain Payment in China: Blue Ocean of Commercial Adoption, or Others’ Backyards? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 01

Blockchain Payment in China...

Last time, we sketched a future of blockchain-based government apparatuses running with much higher efficiency but lower cost, which I don’t expect to see come soon.Truly, it has never been easy to bring down the ruling class, not just because its authority is heavily secured by strong watchdogs, but also thanks to the non-political privileged stratum, which is tightly bonded to the top of the power hierarchy and would do everything to defend its vested interest.Blockchain technology, however, was born against all types of centralization — power is undisputedly the most classic case.Thus, it makes better sense to interpret mass adoption as commercial adoption of the technology. This is especially true in developing economies like China, where the market usually emphasizes on tangible achievements such as sustainable growth and profitability. Less utopian but more practicable.According to a PwC analysis, in terms of the general leadership in the blockchain area, the United States has so far established a clear lead as of end-2018. However, the consulting firm is strongly convinced that China, the runner-up, will be catching up fast and will alter the situation over the coming five years.If we are envisaging a competition over pure technology, market openness or regulatory activeness between the world’s largest two economies, I’d call it a very close game. If, however, it is a fight for the crown of best commercial adoption, China is a country with a 1.4 billion population.I am not saying that nothing else matters to make a killing blockchain application.For starters, as Lei Jun — Xiaomi’s founder and Chinese billionaire — used to say “even a pig can fly if it stands at the center of a whirlwind”. Marking the vertical most likely to be the next eye of the wind is critical.Secondly, solid technology is no less important. It’s impossible to maintain strong user stickiness in the case of frequent webpage crashes or forced terminations, no matter how cool the application was in the beginning.Thirdly, the user base should be strong enough the support scale economy, as it often fits in the large volume slim margin model to monetize the internet traffic.So, what might be the next big deal in China’s new generation internet battlefield? Several of my friends put their money on the place “closest to the money”- payment it is.Research entity iiMedia’s latest “2017–2018” China Third-Party Mobile Payment Market Report read that, in 2017, the country’s mobile payment volume topped RMB 202 trillion, while GDP of the year stood at $12.24 trillion, or RMB 82.1 trillion.And, wait for it, the online payment figure was RMB 2075 trillion. Boom!But please don’t get excited too soon.No one would deny China’s pole position in terms of the potential adoption of blockchain into online — especially mobile payment.The roadmap could be traced back to a decade and a half ago, when Alipay was launched in 2004. WeChat Pay is much younger, but no less sophisticated in either technology or business model.Thanks to these two big players, with the almost inexhaustible resource in hand, they significantly contribute to China’s progress towards a cashless society that has impressed the whole world.However, the two Mr. Ma’s (Alibaba’s Jack Ma and Tencent’s Pony Ma) together have taken over 90% of China’s third-party mobile payment market share — 49.9% and 40.7% respectively — and I bet they’d be very happy to see someone covet their cheese.Does it mean it’s a total daydream for a blockchain player targeting this arena? Not necessary.It may sound cliché, but technology is truly neutral. Why would Alibaba and Tencent turn down the opportunity to equip itself with advanced technology for expansion?So, there seems to be a few options: a) establishing blockchain-based payment methods from scratch b) proposing Tencent with a cutting-edge technology to fill the 10% market share gap between itself and Ali Pay c) proposing Alibaba with a solid technology to take over the other half of the market d) fighting both Tencent and Alibaba for the current 10% remainder of the market.In addition to being careful about stepping on giants’ toes, there are other red zones we don’t want to enter into.That is China’s regulatory minefield, obviously — to be continued.Blockchain Payment in China: Blue Ocean of Commercial Adoption, or Others’ Backyards? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 01

Blockchain Payment in China...

Last time, we sketched a future of blockchain-based government apparatuses running with much higher efficiency but lower cost, which I don’t expect to see come soon.Truly, it has never been easy to bring down the ruling class, not just because its authority is heavily secured by strong watchdogs, but also thanks to the non-political privileged stratum, which is tightly bonded to the top of the power hierarchy and would do everything to defend its vested interest.Blockchain technology, however, was born against all types of centralization — power is undisputedly the most classic case.Thus, it makes better sense to interpret mass adoption as commercial adoption of the technology. This is especially true in developing economies like China, where the market usually emphasizes on tangible achievements such as sustainable growth and profitability. Less utopian but more practicable.According to a PwC analysis, in terms of the general leadership in the blockchain area, the United States has so far established a clear lead as of end-2018. However, the consulting firm is strongly convinced that China, the runner-up, will be catching up fast and will alter the situation over the coming five years.If we are envisaging a competition over pure technology, market openness or regulatory activeness between the world’s largest two economies, I’d call it a very close game. If, however, it is a fight for the crown of best commercial adoption, China is a country with a 1.4 billion population.I am not saying that nothing else matters to make a killing blockchain application.For starters, as Lei Jun — Xiaomi’s founder and Chinese billionaire — used to say “even a pig can fly if it stands at the center of a whirlwind”. Marking the vertical most likely to be the next eye of the wind is critical.Secondly, solid technology is no less important. It’s impossible to maintain strong user stickiness in the case of frequent webpage crashes or forced terminations, no matter how cool the application was in the beginning.Thirdly, the user base should be strong enough the support scale economy, as it often fits in the large volume slim margin model to monetize the internet traffic.So, what might be the next big deal in China’s new generation internet battlefield? Several of my friends put their money on the place “closest to the money”- payment it is.Research entity iiMedia’s latest “2017–2018” China Third-Party Mobile Payment Market Report read that, in 2017, the country’s mobile payment volume topped RMB 202 trillion, while GDP of the year stood at $12.24 trillion, or RMB 82.1 trillion.And, wait for it, the online payment figure was RMB 2075 trillion. Boom!But please don’t get excited too soon.No one would deny China’s pole position in terms of the potential adoption of blockchain into online — especially mobile payment.The roadmap could be traced back to a decade and a half ago, when Alipay was launched in 2004. WeChat Pay is much younger, but no less sophisticated in either technology or business model.Thanks to these two big players, with the almost inexhaustible resource in hand, they significantly contribute to China’s progress towards a cashless society that has impressed the whole world.However, the two Mr. Ma’s (Alibaba’s Jack Ma and Tencent’s Pony Ma) together have taken over 90% of China’s third-party mobile payment market share — 49.9% and 40.7% respectively — and I bet they’d be very happy to see someone covet their cheese.Does it mean it’s a total daydream for a blockchain player targeting this arena? Not necessary.It may sound cliché, but technology is truly neutral. Why would Alibaba and Tencent turn down the opportunity to equip itself with advanced technology for expansion?So, there seems to be a few options: a) establishing blockchain-based payment methods from scratch b) proposing Tencent with a cutting-edge technology to fill the 10% market share gap between itself and Ali Pay c) proposing Alibaba with a solid technology to take over the other half of the market d) fighting both Tencent and Alibaba for the current 10% remainder of the market.In addition to being careful about stepping on giants’ toes, there are other red zones we don’t want to enter into.That is China’s regulatory minefield, obviously — to be continued.Blockchain Payment in China: Blue Ocean of Commercial Adoption, or Others’ Backyards? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 01

Tough 2019 Ahead for Real E...

The glimmer of the US federal government reopening vanished, unsurprisingly, following the gain-less Senate on Day-34 of the shutdown.We’ve seen strong impact, politically and economically, across multiple state apparatuses, causing serious consequences, which I think might be eased if in the world with blockchain mass adoption.But again, I don’t have crystal ball, I have faith.According to an S&P prediction in mid-January, the closure might have caused approximately $6 billion in damage to the economy as of the end of the fifth week of the shutdown.True, it’s just a drop in the bucket compared to the world’s largest economy’s $20 trillion GDP in 2018. But we all have heard of theories such “butterfly effect”, or at least have a rough idea about “collateral damage”.Take common stock as an example, you invest in a listed firm with better-than-expected financial performance, or business expansion plans, or partnership with a leading company.It’s all about investors’ judgement call on the target’s prospect, or simpler, investor confidence — one of the major collateral damages caused by the US government shutdown.This might apply just perfectly to current circumstance. The disputable Mexican border wall plan, trigger of the chaos, was considered to be an intermittent going-rogue of President Donald Trump in the very beginning, even hilarious from an outsider’s perspective.However, what if it’s not? What if he decided to remain irrational henceforth?The meaningless fight between The Donkey and The Elephant over the border wall would bring nothing but internal political friction, which obviously is economically discouraging.Going longer, we might see serious consequences, prolonged and widespread.Investors might be pessimistic about the country’s real economy, which would further hit the stock market. Together with the Federal Reserve tightening up previously injected liquidity, it is likely to see a market with risk-averse sentiment.Elsewhere, the non-US markets, especially emerging countries with impressive performance but high correlation to the US, might suffer from mass retreat of the American speculators given weaker risk appetite and less easy money.Such consequences could either hardly do any good to economies like China and Europe — seems more self-dependent than smaller countries but still have their own problems — trade dispute, booming credit bubble, slowing-down GDP growth for the former, while for the latter, the deadlocked Brexit and France’s Yellow Vest riot, and the poor-performing economy in general.What a beginning for year 2019.We are looking at a tough year ahead, for the global real economy as well as our crypto world. Agreed. But where there is threat, there also is opportunity, we just need to look closer and dig deeper, sometimes use our imagination.So, I couldn’t stop wondering, what if blockchain technology had been widely adopted before the US government shutdown started, how would things go? Or let me put it this way, what if all the trust-related authorization processes could be executed on blockchain automatically?In terms of business behaviors, we will be able to see licenses, permits, certificates and other types of regulatory approvals being granted to enterprises smoothly and efficiently, which helps them to swiftly move to the next step, such as manufacturing, running marketing campaign and financing, and generate cash flows as soon as possible, ultimately contributing to the overall economy.For non-profitable sectors, the technology’s helpfulness is no less important.The National Transportation Safety Board of the country, due to the shutdown, couldn’t help Mexico to investigate the helicopter crash that killed the governor of the Mexican state of Puebla and her husband.The United States Geographical Survey, another apparatus affected by the closure, failed to share the data of the latest Sunda Strait tsunami with the Indonesian government.Going further to post-disaster issues, if blockchain had been adopted as a fundamental technology, all the data needed — from medical aid to financial aid — would be gathered, computed and utilized effectively enough, to help the victims get their homes reconstructed, and themselves recovered physically and psychologically.If we had entered into such era, the current US federal government shutdown — the longest one in its history — might just be a foreplay of a greater transformation to a government-less country, or an even more conceptual self-propelled global community.Fine. It is a very big if, I admit.I am too rational and pragmatic to expect seeing such revolution taking place in the near future. Nor would I be so starry-eyed to pin my hope on blockchain technology to cure one individual human-being’s insanity, or the nature of politics — different groups of people fighting for their own best interests.Scientific means are not supposed to fix problems of social attributes. But it surely could help release the pain caused by such flaws.Tough 2019 Ahead for Real Economy, What If Blockchain… was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

Tough 2019 Ahead for Real E...

The glimmer of the US federal government reopening vanished, unsurprisingly, following the gain-less Senate on Day-34 of the shutdown.We’ve seen strong impact, politically and economically, across multiple state apparatuses, causing serious consequences, which I think might be eased if in the world with blockchain mass adoption.But again, I don’t have crystal ball, I have faith.According to an S&P prediction in mid-January, the closure might have caused approximately $6 billion in damage to the economy as of the end of the fifth week of the shutdown.True, it’s just a drop in the bucket compared to the world’s largest economy’s $20 trillion GDP in 2018. But we all have heard of theories such “butterfly effect”, or at least have a rough idea about “collateral damage”.Take common stock as an example, you invest in a listed firm with better-than-expected financial performance, or business expansion plans, or partnership with a leading company.It’s all about investors’ judgement call on the target’s prospect, or simpler, investor confidence — one of the major collateral damages caused by the US government shutdown.This might apply just perfectly to current circumstance. The disputable Mexican border wall plan, trigger of the chaos, was considered to be an intermittent going-rogue of President Donald Trump in the very beginning, even hilarious from an outsider’s perspective.However, what if it’s not? What if he decided to remain irrational henceforth?The meaningless fight between The Donkey and The Elephant over the border wall would bring nothing but internal political friction, which obviously is economically discouraging.Going longer, we might see serious consequences, prolonged and widespread.Investors might be pessimistic about the country’s real economy, which would further hit the stock market. Together with the Federal Reserve tightening up previously injected liquidity, it is likely to see a market with risk-averse sentiment.Elsewhere, the non-US markets, especially emerging countries with impressive performance but high correlation to the US, might suffer from mass retreat of the American speculators given weaker risk appetite and less easy money.Such consequences could either hardly do any good to economies like China and Europe — seems more self-dependent than smaller countries but still have their own problems — trade dispute, booming credit bubble, slowing-down GDP growth for the former, while for the latter, the deadlocked Brexit and France’s Yellow Vest riot, and the poor-performing economy in general.What a beginning for year 2019.We are looking at a tough year ahead, for the global real economy as well as our crypto world. Agreed. But where there is threat, there also is opportunity, we just need to look closer and dig deeper, sometimes use our imagination.So, I couldn’t stop wondering, what if blockchain technology had been widely adopted before the US government shutdown started, how would things go? Or let me put it this way, what if all the trust-related authorization processes could be executed on blockchain automatically?In terms of business behaviors, we will be able to see licenses, permits, certificates and other types of regulatory approvals being granted to enterprises smoothly and efficiently, which helps them to swiftly move to the next step, such as manufacturing, running marketing campaign and financing, and generate cash flows as soon as possible, ultimately contributing to the overall economy.For non-profitable sectors, the technology’s helpfulness is no less important.The National Transportation Safety Board of the country, due to the shutdown, couldn’t help Mexico to investigate the helicopter crash that killed the governor of the Mexican state of Puebla and her husband.The United States Geographical Survey, another apparatus affected by the closure, failed to share the data of the latest Sunda Strait tsunami with the Indonesian government.Going further to post-disaster issues, if blockchain had been adopted as a fundamental technology, all the data needed — from medical aid to financial aid — would be gathered, computed and utilized effectively enough, to help the victims get their homes reconstructed, and themselves recovered physically and psychologically.If we had entered into such era, the current US federal government shutdown — the longest one in its history — might just be a foreplay of a greater transformation to a government-less country, or an even more conceptual self-propelled global community.Fine. It is a very big if, I admit.I am too rational and pragmatic to expect seeing such revolution taking place in the near future. Nor would I be so starry-eyed to pin my hope on blockchain technology to cure one individual human-being’s insanity, or the nature of politics — different groups of people fighting for their own best interests.Scientific means are not supposed to fix problems of social attributes. But it surely could help release the pain caused by such flaws.Tough 2019 Ahead for Real Economy, What If Blockchain… was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

Tough 2019 Ahead for Real E...

The glimmer of the US federal government reopening vanished, unsurprisingly, following the gain-less Senate on Day-34 of the shutdown.We’ve seen strong impact, politically and economically, across multiple state apparatuses, causing serious consequences, which I think might be eased if in the world with blockchain mass adoption.But again, I don’t have crystal ball, I have faith.According to an S&P prediction in mid-January, the closure might have caused approximately $6 billion in damage to the economy as of the end of the fifth week of the shutdown.True, it’s just a drop in the bucket compared to the world’s largest economy’s $20 trillion GDP in 2018. But we all have heard of theories such “butterfly effect”, or at least have a rough idea about “collateral damage”.Take common stock as an example, you invest in a listed firm with better-than-expected financial performance, or business expansion plans, or partnership with a leading company.It’s all about investors’ judgement call on the target’s prospect, or simpler, investor confidence — one of the major collateral damages caused by the US government shutdown.This might apply just perfectly to current circumstance. The disputable Mexican border wall plan, trigger of the chaos, was considered to be an intermittent going-rogue of President Donald Trump in the very beginning, even hilarious from an outsider’s perspective.However, what if it’s not? What if he decided to remain irrational henceforth?The meaningless fight between The Donkey and The Elephant over the border wall would bring nothing but internal political friction, which obviously is economically discouraging.Going longer, we might see serious consequences, prolonged and widespread.Investors might be pessimistic about the country’s real economy, which would further hit the stock market. Together with the Federal Reserve tightening up previously injected liquidity, it is likely to see a market with risk-averse sentiment.Elsewhere, the non-US markets, especially emerging countries with impressive performance but high correlation to the US, might suffer from mass retreat of the American speculators given weaker risk appetite and less easy money.Such consequences could either hardly do any good to economies like China and Europe — seems more self-dependent than smaller countries but still have their own problems — trade dispute, booming credit bubble, slowing-down GDP growth for the former, while for the latter, the deadlocked Brexit and France’s Yellow Vest riot, and the poor-performing economy in general.What a beginning for year 2019.We are looking at a tough year ahead, for the global real economy as well as our crypto world. Agreed. But where there is threat, there also is opportunity, we just need to look closer and dig deeper, sometimes use our imagination.So, I couldn’t stop wondering, what if blockchain technology had been widely adopted before the US government shutdown started, how would things go? Or let me put it this way, what if all the trust-related authorization processes could be executed on blockchain automatically?In terms of business behaviors, we will be able to see licenses, permits, certificates and other types of regulatory approvals being granted to enterprises smoothly and efficiently, which helps them to swiftly move to the next step, such as manufacturing, running marketing campaign and financing, and generate cash flows as soon as possible, ultimately contributing to the overall economy.For non-profitable sectors, the technology’s helpfulness is no less important.The National Transportation Safety Board of the country, due to the shutdown, couldn’t help Mexico to investigate the helicopter crash that killed the governor of the Mexican state of Puebla and her husband.The United States Geographical Survey, another apparatus affected by the closure, failed to share the data of the latest Sunda Strait tsunami with the Indonesian government.Going further to post-disaster issues, if blockchain had been adopted as a fundamental technology, all the data needed — from medical aid to financial aid — would be gathered, computed and utilized effectively enough, to help the victims get their homes reconstructed, and themselves recovered physically and psychologically.If we had entered into such era, the current US federal government shutdown — the longest one in its history — might just be a foreplay of a greater transformation to a government-less country, or an even more conceptual self-propelled global community.Fine. It is a very big if, I admit.I am too rational and pragmatic to expect seeing such revolution taking place in the near future. Nor would I be so starry-eyed to pin my hope on blockchain technology to cure one individual human-being’s insanity, or the nature of politics — different groups of people fighting for their own best interests.Scientific means are not supposed to fix problems of social attributes. But it surely could help release the pain caused by such flaws.Tough 2019 Ahead for Real Economy, What If Blockchain… was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

Tough 2019 Ahead for Real E...

The glimmer of the US federal government reopening vanished, unsurprisingly, following the gain-less Senate on Day-34 of the shutdown.We’ve seen strong impact, politically and economically, across multiple state apparatuses, causing serious consequences, which I think might be eased if in the world with blockchain mass adoption.But again, I don’t have crystal ball, I have faith.According to an S&P prediction in mid-January, the closure might have caused approximately $6 billion in damage to the economy as of the end of the fifth week of the shutdown.True, it’s just a drop in the bucket compared to the world’s largest economy’s $20 trillion GDP in 2018. But we all have heard of theories such “butterfly effect”, or at least have a rough idea about “collateral damage”.Take common stock as an example, you invest in a listed firm with better-than-expected financial performance, or business expansion plans, or partnership with a leading company.It’s all about investors’ judgement call on the target’s prospect, or simpler, investor confidence — one of the major collateral damages caused by the US government shutdown.This might apply just perfectly to current circumstance. The disputable Mexican border wall plan, trigger of the chaos, was considered to be an intermittent going-rogue of President Donald Trump in the very beginning, even hilarious from an outsider’s perspective.However, what if it’s not? What if he decided to remain irrational henceforth?The meaningless fight between The Donkey and The Elephant over the border wall would bring nothing but internal political friction, which obviously is economically discouraging.Going longer, we might see serious consequences, prolonged and widespread.Investors might be pessimistic about the country’s real economy, which would further hit the stock market. Together with the Federal Reserve tightening up previously injected liquidity, it is likely to see a market with risk-averse sentiment.Elsewhere, the non-US markets, especially emerging countries with impressive performance but high correlation to the US, might suffer from mass retreat of the American speculators given weaker risk appetite and less easy money.Such consequences could either hardly do any good to economies like China and Europe — seems more self-dependent than smaller countries but still have their own problems — trade dispute, booming credit bubble, slowing-down GDP growth for the former, while for the latter, the deadlocked Brexit and France’s Yellow Vest riot, and the poor-performing economy in general.What a beginning for year 2019.We are looking at a tough year ahead, for the global real economy as well as our crypto world. Agreed. But where there is threat, there also is opportunity, we just need to look closer and dig deeper, sometimes use our imagination.So, I couldn’t stop wondering, what if blockchain technology had been widely adopted before the US government shutdown started, how would things go? Or let me put it this way, what if all the trust-related authorization processes could be executed on blockchain automatically?In terms of business behaviors, we will be able to see licenses, permits, certificates and other types of regulatory approvals being granted to enterprises smoothly and efficiently, which helps them to swiftly move to the next step, such as manufacturing, running marketing campaign and financing, and generate cash flows as soon as possible, ultimately contributing to the overall economy.For non-profitable sectors, the technology’s helpfulness is no less important.The National Transportation Safety Board of the country, due to the shutdown, couldn’t help Mexico to investigate the helicopter crash that killed the governor of the Mexican state of Puebla and her husband.The United States Geographical Survey, another apparatus affected by the closure, failed to share the data of the latest Sunda Strait tsunami with the Indonesian government.Going further to post-disaster issues, if blockchain had been adopted as a fundamental technology, all the data needed — from medical aid to financial aid — would be gathered, computed and utilized effectively enough, to help the victims get their homes reconstructed, and themselves recovered physically and psychologically.If we had entered into such era, the current US federal government shutdown — the longest one in its history — might just be a foreplay of a greater transformation to a government-less country, or an even more conceptual self-propelled global community.Fine. It is a very big if, I admit.I am too rational and pragmatic to expect seeing such revolution taking place in the near future. Nor would I be so starry-eyed to pin my hope on blockchain technology to cure one individual human-being’s insanity, or the nature of politics — different groups of people fighting for their own best interests.Scientific means are not supposed to fix problems of social attributes. But it surely could help release the pain caused by such flaws.Tough 2019 Ahead for Real Economy, What If Blockchain… was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

KuCoin Weekly Report #27–20...

Listed ProjectsV Systems (VSYS) was listed on KuCoin.Listed date: 2019/1/18Available Trading Pair: VSYS/BTCGrin (GRIN) was listed on KuCoin.Listed date: 2019/1/24Available Trading Pairs: GRIN/BTC, GRIN/ETH, GRIN/USDTKuCoin NewsKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Tech UpdatesKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin Supports BitTorrent (BTT) AirdropKuCoin Supports BitTorrent (BTT) AirdropKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaDecember VTHO Distribution for VET Holders CompletedDecember VTHO Distribution for VET Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support The Metadium (META) MainNet Token SwapKuCoin Will Support The Metadium (META) MainNet Token SwapFollow The KuCoin Global CommunitiesKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #27–2019/1/25 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

KuCoin Weekly Report #27–20...

Listed ProjectsV Systems (VSYS) was listed on KuCoin.Listed date: 2019/1/18Available Trading Pair: VSYS/BTCGrin (GRIN) was listed on KuCoin.Listed date: 2019/1/24Available Trading Pairs: GRIN/BTC, GRIN/ETH, GRIN/USDTKuCoin NewsKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Tech UpdatesKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin Supports BitTorrent (BTT) AirdropKuCoin Supports BitTorrent (BTT) AirdropKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaDecember VTHO Distribution for VET Holders CompletedDecember VTHO Distribution for VET Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support The Metadium (META) MainNet Token SwapKuCoin Will Support The Metadium (META) MainNet Token SwapFollow The KuCoin Global CommunitiesKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #27–2019/1/25 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

KuCoin Weekly Report #27–20...

Listed ProjectsV Systems (VSYS) was listed on KuCoin.Listed date: 2019/1/18Available Trading Pair: VSYS/BTCGrin (GRIN) was listed on KuCoin.Listed date: 2019/1/24Available Trading Pairs: GRIN/BTC, GRIN/ETH, GRIN/USDTKuCoin NewsKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Tech UpdatesKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin Supports BitTorrent (BTT) AirdropKuCoin Supports BitTorrent (BTT) AirdropKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaDecember VTHO Distribution for VET Holders CompletedDecember VTHO Distribution for VET Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support The Metadium (META) MainNet Token SwapKuCoin Will Support The Metadium (META) MainNet Token SwapFollow The KuCoin Global CommunitiesKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #27–2019/1/25 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

Finding Liquidity in A Bear...

Have you ever worshiped a monk or a Taoist priest for fortune-telling of your own? Believe or not, I have. Go ahead, call me superstitious. But if it’s about the future of blockchain industry, I am strongly convinced that — no need for a crystal ball — it is the futuristic technology.Despite that most governments share a rather conservative sentiment against the cryptocurrency area, there are also other opinions they have in common regarding the blockchain technology.It is hardly something blameful for government not to help foster the crypto market given that cryptocurrency might to some extent threaten the position of fiat money as the only mass-adopted payment method, which supports empowering the government with supreme political and economic authority.But blockchain solely is something different, it’s neutral. Guns don’t kill people, people kill people. Similarly, in good hands, blockchain technology should do nothing but good.Some may argue that it’s much easier saying than actually sticking to the faith, especially for those who have been suffering. True, but I made no exception losing a considerable amount of money if not a fortune, and I still have a dream of spring, when the cryptocurrency market revives and the blockchain sector prospers as the fundamental technology across various industries.However, if you don’t think it’s reasonable considering anyone — individual or institution — as the only source of information, about which you are absolutely right, why not start paying a little attention on what big players are doing?HSBC, one of the world’s largest bank with total assets topping $2.5 trillion, had reportedly settled over 3 million forex transactions worth $250 billion using blockchain technology in 2018, according to a CCN report.The bank even launched a blockchain platform — FX Everywhere — in February last year, and has processed 150,000+ payments ever since.I doubt that a giant bank with over century-and-a-half history would challenge government watchdog on controversy such as anti-money-laundering, over which the cryptocurrency world has been criticized the most. And yet, the financial institution made a rather pro-statement towards the basic technology explicitly via the above-mentioned notable moves.The Asia-focused British lender is not soloing in exploring this emerging tech space. In October 2018, HSBC together with 11 of its friends, including Standard Charter and BNP Paris, publicly backed blockchain-based trade finance platform eTrade Connect, aiming to improve the efficiency of cross-border trade financing.Moreover, there is one beautiful thing about increasing globalization — the barrier of establishing an internationalized enterprise is lowering, politically, economically, culturally and financially.In this specific context, for banks like HSBC and its peers, it means greater proportions of multinational company clients, the corporate treasurers of which will be more than happy to run sizable forex pools in a more efficient and agile way with the help of blockchain.If, however, the positive attitude from the business side is not persuasive enough, take a look at one of the world’s most famous (or maybe infamous for being greedy just like other Wall Street firms) investment bank’s approach in this arena.Goldman Sachs, according to public information, participated in two fundraising deals initiated by blockchain startups Axoni and Veem successively in mid-August and late-September 2018. The former is a distributed-ledger technology provider targeting financial institutions that raised $32 million from Goldman Sachs and a few other investors, while the latter is a blockchain payment platform attracted $25 million.Intercontinental Exchange (ICE), holding company of the New York Stock Exchange, also backed a cryptocurrency exchange Bakkt, which very recently raised over $180 million in its Series A Round — for reference, Facebook raised roughly $12 million in its Series A, while Tesla attracted $7.5 million in the same round.These guys, with their expertise in financial world, know-how covering various tech sectors, close relations with authorities and decades of experience sensing the market sentiment, they make serious calls.Still not buying it?Fine, you familiar with Placebo Effect? Consider my word as one. Just stick around wait and see, making sure to be one of the fastest movers once the starting gun sounds. DON’T GIVE UP FAITH.Finding Liquidity in A Bearish Market Episode 3: A Dream of Spring was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 18

Finding Liquidity in A Bear...

Have you ever worshiped a monk or a Taoist priest for fortune-telling of your own? Believe or not, I have. Go ahead, call me superstitious. But if it’s about the future of blockchain industry, I am strongly convinced that — no need for a crystal ball — it is the futuristic technology.Despite that most governments share a rather conservative sentiment against the cryptocurrency area, there are also other opinions they have in common regarding the blockchain technology.It is hardly something blameful for government not to help foster the crypto market given that cryptocurrency might to some extent threaten the position of fiat money as the only mass-adopted payment method, which supports empowering the government with supreme political and economic authority.But blockchain solely is something different, it’s neutral. Guns don’t kill people, people kill people. Similarly, in good hands, blockchain technology should do nothing but good.Some may argue that it’s much easier saying than actually sticking to the faith, especially for those who have been suffering. True, but I made no exception losing a considerable amount of money if not a fortune, and I still have a dream of spring, when the cryptocurrency market revives and the blockchain sector prospers as the fundamental technology across various industries.However, if you don’t think it’s reasonable considering anyone — individual or institution — as the only source of information, about which you are absolutely right, why not start paying a little attention on what big players are doing?HSBC, one of the world’s largest bank with total assets topping $2.5 trillion, had reportedly settled over 3 million forex transactions worth $250 billion using blockchain technology in 2018, according to a CCN report.The bank even launched a blockchain platform — FX Everywhere — in February last year, and has processed 150,000+ payments ever since.I doubt that a giant bank with over century-and-a-half history would challenge government watchdog on controversy such as anti-money-laundering, over which the cryptocurrency world has been criticized the most. And yet, the financial institution made a rather pro-statement towards the basic technology explicitly via the above-mentioned notable moves.The Asia-focused British lender is not soloing in exploring this emerging tech space. In October 2018, HSBC together with 11 of its friends, including Standard Charter and BNP Paris, publicly backed blockchain-based trade finance platform eTrade Connect, aiming to improve the efficiency of cross-border trade financing.Moreover, there is one beautiful thing about increasing globalization — the barrier of establishing an internationalized enterprise is lowering, politically, economically, culturally and financially.In this specific context, for banks like HSBC and its peers, it means greater proportions of multinational company clients, the corporate treasurers of which will be more than happy to run sizable forex pools in a more efficient and agile way with the help of blockchain.If, however, the positive attitude from the business side is not persuasive enough, take a look at one of the world’s most famous (or maybe infamous for being greedy just like other Wall Street firms) investment bank’s approach in this arena.Goldman Sachs, according to public information, participated in two fundraising deals initiated by blockchain startups Axoni and Veem successively in mid-August and late-September 2018. The former is a distributed-ledger technology provider targeting financial institutions that raised $32 million from Goldman Sachs and a few other investors, while the latter is a blockchain payment platform attracted $25 million.Intercontinental Exchange (ICE), holding company of the New York Stock Exchange, also backed a cryptocurrency exchange Bakkt, which very recently raised over $180 million in its Series A Round — for reference, Facebook raised roughly $12 million in its Series A, while Tesla attracted $7.5 million in the same round.These guys, with their expertise in financial world, know-how covering various tech sectors, close relations with authorities and decades of experience sensing the market sentiment, they make serious calls.Still not buying it?Fine, you familiar with Placebo Effect? Consider my word as one. Just stick around wait and see, making sure to be one of the fastest movers once the starting gun sounds. DON’T GIVE UP FAITH.Finding Liquidity in A Bearish Market Episode 3: A Dream of Spring was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 18

Finding Liquidity in A Bear...

Assuming we agree that the overall sentiment towards cryptocurrency is about to further weaken over the coming months, the questions would be how to seize opportunities without fighting against the trend too hard to get yourself burnt.Here come the short answers:Where would the market go? South.How should we trade? Shouldn’t.What could we invest in? Few.But the real case is never this simple, shouldn’t we be either.From where I stand, I see our users, a certain proportion of who are retail or small-volume investors, being much less active in trading. This accordingly leads to smaller volume, in other words, liquidity dry-out or thinner order book, which in return discourage more users from trading.It’s reasonable. Retail investors who have less access to information, expertise and data for making decisions need to trade in a market that is large and efficient enough, as in such market, the momentum (either upward or downward) would be so strong that it’s hard for them to resist the trend — less likely for a catastrophic loss, or an over-joyful profit.However, just like the western and eastern cultures have completely opposite interpretation of Dragon, one man’s trash may be another man’s treasure. When it comes to professional traders, or institutional investors, or you could call them large-volume users in general, the scenario is very different.What distinguishes these market forces from smaller participants most prominently is that the big fishes calculate, and we here are talking about seriously head-scratching math.Let’s leave the malicious speculators (or exploiters) out for a second — although there certainly are some always seeking to gank the weaker ones — other large-volume players with resources and know-how look into fundamental carefully.Such diligence might be comprised in an insanely bullish market, as a SECOND thought might cost million-dollar profit under that circumstance, where controversial targets may outrun those with solid fundamentals given that the blindly upward market amplified the positive driven factor while easily hid the risk.But a slow market allows them to take as much time as they should to dig down to the bottom layer, to truly dissect the fundamental and identify target with potentials. This, in the longer term, will surely be helpful to cultivate a healthier and more efficient market.Plus, I believe after the quarters-long and still ongoing correction to the frothy market, more big players from outside, traditional financial market participants specifically, will be lining up to step into the crypto world.That’s why KuCoin has shed a light on developing and optimizing the functions serving large-volume users in building the Version 2.0 trading system, on which various functions will be offered, including but not limited in orders like fill-or-kill, immediate-or-cancel and good-till-time. Additionally, API as one major tool for professional investors has also attracted significant attention.You ask what about existing retail investors? Better liquidity, more efficient market place, thicker order book, smart counterparts — nah, maybe not the last one — anyways, why wouldn’t they turn down the chance to be offered more options?Elsewhere, I have been noticing an interesting phenomenon recently, which I also consider to be some kind of “dragon” — tokenization of traditional internet projects.The bright side of such targets is that they usually are built on a big existing user base, which hopefully are able to direct a certain portion of the traffic to the blockchain world. However, there also is this tricky question — does the blockchain technology truly add value to the original project?The answer is critical, as such projects are usually those trying to find their way to survive a fierce competition (where they have limited advantage). Only if this new-generation internet technology equipped the target with something unique, it might have a game. Otherwise, it hardly is something rather than a waste of time and money.Thus, ride the eastern dragon to the moon, or be eaten up by the western dragon? Be vigilant, my friend.So, to wrap up, here come the longer answers for the previous questions:Where would the market go? Volatile, but from immature to mature, from disoriented to efficient in the long run.How should we trade? Do some homework and learn, the fundamental matters.What could we invest in? Value coins, maybe think about buy-and-hold strategy.Finding Liquidity in A Bearish Market Episode 2: Ride the Dragons was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 11

Transaction History
Transaction History Market Market Transaction volume Address
Kucoin KCS/ETH 1,633.87 5,658,785,762.61 Short cut
BitMax KCS/USDT 1,626.05 657,973,002.39 Short cut
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Information
Platform ERC20
Accepting
Hard cap -
Audit -
Stage -
Location -
Market of major crypto coins *2019년 07월 22일 last update

Bitcoin

BTC

12,273,889.65 KRW 4.50%

Ethereum

ETH

259,350.59 KRW 5.06%

Ripple

XRP

383.64 KRW 2.94%

Litecoin

LTC

114,933.78 KRW 5.32%

Bitcoin Cash

BCH

370,879.23 KRW 5.51%

Binance Coin

BNB

35,314.96 KRW 3.22%

Tether

USDT

1,176.54 KRW 0.55%

EOS

EOS

4,978.90 KRW 4.14%

Bitcoin SV

BSV

194,773.73 KRW 5.64%

TRON

TRX

32.65 KRW 7.70%

Stellar

XLM

105.67 KRW 6.53%

Cardano

ADA

70.75 KRW 7.41%

Monero

XMR

98,300.86 KRW 3.47%

Dash

DASH

137,847.93 KRW 2.63%

NEO

NEO

14,904.80 KRW 7.27%

Ethereum Classic

ETC

7,242.04 KRW 2.04%

Tezos

XTZ

1,225.70 KRW 0.68%

NEM

XEM

78.21 KRW 5.13%

Maker

MKR

663,256.87 KRW 1.58%

Ontology

ONT

1,189.58 KRW 5.21%