How to buy Constellation coin (DAG) in 2020?

An Industry for the Future; A Company for a Future Industry

Over the past 10 years, we have seen data become more valuable and profitable than oil. This has caused a rise in industries such as artificial intelligence, machine learning, and big data led by major tech companies like Facebook, Apple, Amazon, Google (GAFA).

The Connected World

To realize the full potential of a connected world of IoT, machine learning, mobility, and the futuristic vision of autonomous everything, it’s important to better understand the data generated that powers this vision. Data rights require sovereignty enforced by infrastructure itself. Downstream data analysis relies on upstream decision making from business processes, to operational accountability, to AI making software/systems smarter.

From resource production companies trying to understand pipe leakage, to an autonomous driving vehicle that needs an audit trail to act as an insurance policy, or a traditional company looking for insight into operations, data plays a decisive role in a myriad of industries that affect our day-to-day lives.

The Cost of Bad Data

What many fail to see is that bad data behind a secure firewall is still bad data. Incomplete or missing data affects industries into the trillions of dollars annually. Even worse, bad data can cost human life when faulty information is used in engineering, automotive, aerospace and countless other industries worldwide. Constellation Network has developed a distributed ledger technology to embrace the vision of a connected world, powered by big data, by creating the infrastructure to securely validate and protect one of the world’s most valuable resources.

Mobility

Constellation’s distributed ledger technology enables the mobility industry to customize connected vehicle solutions, creating better business to consumer outcomes for the automotive sector. Current technology is already ingesting vast amounts of data, but as of yet, there is no distributed system that can analyze and provide real-time updates across disparate inputs. Simply put, Constellation provides a protocol capable of ingesting and organize data to meet the needs of new mobility technologies.

Internet of Things (IoT)

The Internet of Things Requires a Faster, More Secure Alternative. Today’s business networks are vulnerable and incapable of dealing with the approaching growth in connected devices (IOT). Constellation is working on a protocol infrastructure that will have the ability for devices to securely and efficiently transmit data across disparate networks.

Healthcare

The healthcare sector is poised for a Blockchain-fueled revamp, as the industry is facing problems that Blockchain technology seems perfectly suited to solve. Among these problems are data security and breaches, medical record keeping, combating counterfeit drugs, verifying the integrity of clinical trials, as well as an increased patient demand for data transparency and accessibility.

How to buy Constellation coin (DAG) in 2020?

If you want to buy cryptocurrencies like Bitcoin (BTC), Fantom coin (FTM) or any other altcoins, you have two options: if you don’t mind KYC (Know Your Customer) policy, you can create an account with CoinBase. Because of KYC policy, the site will ask for various papers like ID, proof of address and so on. If you want to go anonymous, you can create an account with Binance or KuCoin. On those last two sites you won’t need any proof of identity as long as you don’t exchange large amount of cryptocurrencies. Just click on one of the above link and follow some simple steps to open your own crypto account.

How to buy Fantom FTM coin in 2020?

Fantom is a series of technology components, that, when combined, form a technology stack that allow a larger ecosystem of applications to be built on top of them.

Our focus is on developing our Lachesis asynchronous Byzantine Fault Tolerance (‘aBFT’) and TxFlow consensus mechanisms.

‘aBFT’ means that transactions are confirmed as fast as possible as they enter the network, instead of waiting for previous transactions to be confirmed. This significantly speeds up the network.

Instead of centralizing all computing power and all usage on a single decentralized ledger, users of the Fantom ecosystem deploy their own independent distributed ledgers with the consensus at its core, while being able to communicate with one another.

Why do we need another distributed ledger?
If the majority of the enterprises in the world used a single centralized database, transactions would quickly be bottlenecked.

With the rise of Bitcoin and decentralized smart contract platforms, we have seen an industry-wide calling for a complete migration from centralized networks to a single ledger, to achieve safely, security, and more efficiency.

Contrary to these expectations, decentralized networks have found to be inherently less responsive and scalable than their centralized counterparts due to the latency introduced by having multiple nodes communicate to one another.

At Fantom we believe in the future of decentralized and permissionless networks, and the potential of distributed ledgers to disrupt legacy systems across a wide range of industries across Finance, supply chain management, and the sharing economy.

But we do not believe that one single ledger is necessarily the solution.

The vision of Fantom is to make it easy for users to deploy and tailor their own distributed ledgers within an interoperable network, in which they can freely communicate and transact with other distributed ledgers.

Our focus isn’t on building the best distributed ledger, but on building the best possible consensus.

A distributed ledger is considered to be a platform, and the consensus is considered to be a module. Users will be able to deploy their own distributed ledgers which will be powered by Lachesis aBFT and/or TxFlow, in combination with different types of middleware ranging from the Fantom SDK to the Ethereum Virtual Machine (EVM).

How to buy Fantom FTM coin in 2020?

If you want to buy cryptocurrencies like Bitcoin (BTC), Fantom coin (FTM) or any other altcoins, you have two options: if you don’t mind KYC (Know Your Customer) policy, you can create an account with CoinBase. Because of KYC policy, the site will ask for various papers like ID, proof of address and so on. If you want to go anonymous, you can create an account with Binance or KuCoin. On those last two sites you won’t need any proof of identity as long as you don’t exchange large amount of cryptocurrencies. Just click on one of the above link and follow some simple steps to open your own crypto account.

What are Lachesis aBFT and TxFlow?
Lachesis aBFT is a Fantom’s core asynchronous and leaderless byzantine fault tolerant consensus protocol.

It is based on principles about gossip protocols where small bits of information are propagated throughout the network rapidly. Distributed ledgers deployed on top of this technology deliver the highest grade of network security, high transaction throughputs, and low time to finality.

In order to make it as easy as possible to build distributed ledgers tailored to the needs of the user, we designed Lachesis aBFT to be highly adaptable and compatible with existing codebases such as Cosmos SDK and Go-Ethereum.

TxFlow is a protocol for transaction responsiveness. It is not a new consensus mechanism, but a protocol to run concurrently to consensus wherein users submit transactions and receive confirmations in real time.

Regular consensus systems, such as BFT creating blocks and voting on them, are still required as a secondary—or perhaps rather primary—security mechanism. So if the transaction did not receive enough votes before the block proposal that would have included it, it will still be added.

How to buy Infinitecoin IFC in 2020?

Infinitecoin is a global alternative currency

Infinitecoin (IFC) Created in June 2013, is a script proof-of-work crypto-currency. IFC is a global alternative currency to fiat. IFC is a peer-to-peer (P2P) version of electronic cash that allows online payments to be sent directly from one party to another without going through a financial institution.

Infinitecoin (IFC) is de-centralized

Cryptography and the de-centralized nature of IFC is the key to Infinitecoin’s success. It’s the reason that no one can double spend, counterfeit or steal IFC. Infinitecoin is to be viable money for both current users and future adopters so we will maintain, improve and legally protect the integrity of the protocol to ensure this. You only have to look at the US banking crisis 2008 to see what can happen when centralized control takes over!

IFC is controlled by you!

The IFC network is configured so that no one central point has control, it’s controlled by the entire IFC mining community always checking each other’s work to ensure no-one is corrupting the block chain. This provides intrinsic security for the network. What sets IFC aside from other crypto-currencies is it has one of the largest coin counts, totaling 90,600,000,000 post mining and it will be one of the first to be completely mined out.

Infinitecoin’s global distribution

With our current wide global distribution, super-fast transaction times, and circulation volume that beats some of the top 5 coins this gives us a market edge. The distribution of IFC is one of the reasons IFC remains so strong but the imminent mined out future is also of great importance, none of us will survive to see the mined out future of Bitcoin and many other cryptos and it’s already becoming apparent that the small volume of bitcoins will force it to be priced very quickly out of the reach of the average consumer

How to buy Infinitecoin IFC in 2020?

If you want to buy cryptocurrencies like Bitcoin (BTC), Infinitecoin (IFC) or any other altcoins, you have two options: if you don’t mind KYC (Know Your Customer) policy, you can create an account with CoinBase. Because of KYC policy, the site will ask for various papers like ID, proof of address and so on. If you want to go anonymous, you can create an account with Binance or KuCoin. On those last two sites you won’t need any proof of identity as long as you don’t exchange large amount of cryptocurrencies. Just click on one of the above link and follow some simple steps to open your own crypto account.

Specifications:

  • 30 seconds block target
  • Initially 524,288 (2^19) coins per block, halves every 86,400 blocks
  • Difficulty retargets every block, with accelerated retargets at the beginning
  • 3 confirms per transaction
  • Total about 90.6 billion coins
  • Scrypt Proof-of-Work

Peer-to-Peer

A purely peer-to-peer version of electronic cash that allows online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. The solution to the double-spending problem is using a peer-to-peer network.

The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power.

The Network

The network is robust in its unstructured simplicity. Nodes work all at once with little coordination. They do not need to be identified, since messages are not routed to any particular place and only need to be delivered on a best effort basis. Nodes can leave and rejoin the network at will, accepting the proof-of-work chain as proof of what happened while they were gone.

They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism.

Commerce

Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model. Completely non-reversible transactions are not really possible, since financial institutions cannot avoid mediating disputes.

Payment System

What we have is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party. Transactions that are computationally impractical to reverse would protect sellers from fraud, and routine escrow mechanisms could easily be implemented to protect buyers.

How to buy Monero (XMR) in 2020?

Monero is cash for a connected world. It’s fast, private, and secure. With Monero, you are your own bank. You can spend safely, knowing that others cannot see your balances or track your activity.

Why Monero is different, you can read below:

  • Monero is secure
  • Monero is private
  • Monero is untraceable
  • Monero is fungible
Monero XMR

You have several option to buy Monero. One of the most popular is LocalMonero.co Unlike centralized cryptocurrency exchanges, here you make a trade directly with another person. This makes the process lean and fast, as there is no corporate overhead. You get your Monero instantly. Also, LocalMonero can support every payment method its user community supports, making it possible for users without access to traditional banking to also be able to buy or sell Monero. For every transaction, LocalMonero.co offers escrow or transaction service to protect the buyer of Monero.

Other option is to use a centralized exchange: if you don’t mind KYC (Know Your Customer) policy, you can create an account with CoinBase. Because of KYC policy, the site will ask for various papers like ID, proof of address and so on. If you want to go anonymous, you can create an account with Binance or KuCoin. On those last two sites you won’t need any proof of identity as long as you don’t exchange large amount of cryptocurrencies. Just click on one of the above link and follow some simple steps to open your own crypto account.

Monero is more than just a technology. It’s also what the technology stands for. Some of the important guiding philosophies are listed below.

Security
Users must be able to trust Monero with their transactions, without risk of error or attack. Monero gives the full block reward to the miners, who are the most critical members of the network who provide this security. Transactions are cryptographically secure using the latest and most resilient encryption tools available.

Privacy
Monero takes privacy seriously. Monero needs to be able to protect users in a court of law and, in extreme cases, from the death penalty. This level of privacy must be completely accessible to all users, whether they are technologically competent or have no idea how Monero works. A user needs to confidently trust Monero in a way that this person does not feel pressured into changing their spending habits for risk of others finding out.

Decentralization
Monero is committed to providing the maximum amount of decentralization. With Monero, you do not have to trust anyone else on the network, and it is not run by any large group. An accessible “Proof of Work” algorithm makes it easy to mine Monero on normal computers, which makes it more difficult for someone to purchase a large amount of mining power. Nodes connect to each other with I2P to lower the risks of revealing sensitive transaction information and censorship (tba). Development decisions are extremely clear and open to public discussion. Developer meeting logs are published online in their entirety and visible by all.

Usual Cryptocurrency Terms

Below is a glossary of all the cryptocurrency terms you may come across various platforms on Internet. If you want to become the best traders you can be, this article is useful. That is why I wrote this blog post explaining all the terms you need to know to understand cryptocurrency.

51% Attack

A 51% attack is a situation where more than half of the computing power on a network is operated by a single individual or concentrated group, which gives them complete and total control over a network. Things that an entity with 51% of the computing power can do include, but are not limited to:

Altcoin

An altcoin is the community accepted name for any coin that isn’t Bitcoin. Altcoins that we’ve previously discussed include Dash and Monero.

Arbitrage

Taking advantage of a difference in price of the same commodity on two different exchanges. Often mentioned when it comes to comparing ETH prices on Korean exchanges against US exchanges.

ASIC or ASIC Miner

ASIC mining is a method of mining various coins at a much faster rate than any normal desktop or laptop. Essentially what an ASIC, or Application Specific Integrated Circuit is, is a chip specifically created to execute one task. Enter ASIC mining. An example of one such model is an ASIC miner created to ONLY process SHA-256, which is the problem offered by the Bitcoin blockchain to mine new coins. There are also ASIC’s for scrypt which specifically solves the mathematical code in relation to altcoins such as Litecoin. Though, in recent years there has been a good amount of dialogue surrounding the longevity of mining this way and we’ve even seen coins making it so that it’s impossible to mine with an ASIC.

Blockchain

A blockchain is a data system that allows for the creation of a digital ledger of transactions on a non-centralized network. Cryptography is the main operator that allows for users to engage with the ledger without the need for any central figurehead. In layman’s terms, this means that people and computers all over work together to create a network instead of a network being made by one single person or company. This network is enabled and protected through cryptography! We have seen this used in currency, data transfer and on. The blockchain is comprised of “blocks” and is constantly growing as each new record, datum, or block is added onto the chain for everyone to see.

FIAT

Government-issued currency, such as the US dollar.
https://en.wikipedia.org/wiki/Fiat_money

Fork

A fork is the permanent divergence of an alternative operating version of the current blockchain. Forks come into existence when a 51% attack occurs, a bug in the program, or more commonly a new set of consensus rules come into existence. These happen when a development team creates and inserts notably substantial changes into the system. The successful fork is decided by the height of their blocks.

FOMO

Fear Of Missing Out. The overwhelming sensation that you need to get on the train when the price of something starts to skyrocket.

FUD

Fear, Uncertainty, and Doubt. Baseless negativity spread intentionally by someone that wants the price of something to drop.

Halving

Halving is the reduction of minable reward every so many blocks. For Bitcoin the reward is halved after the first 210,000 blocks are mined and then every 210,000 thereafter.

Hashrate

Hashrate is the speed at which a block is discovered and the rate at which the related math problem is solved. Certain tools have been created to allow for higher hashrates. See ASIC.

Margin trading

The act of ‘magnifying’ the intensity of your trades by risking your existing coins. (NOTE: Very risky, only for experienced traders and only on certain exchanges even then)

Market Cap

The total value held in a crypto-currency. It is calculated by multiplying the total supply of coins by the current price of an individual unit. This site shows a great run-down of each coin’s market cap: http://coinmarketcap.com/

Mining

Mining is the term used for discovering and solving blocks along the blockchain. A reward is given for solving the algorithm and lengthening the chain, called a mining reward. The mining reward for the Bitcoin blockchain is Bitcoin.

Mining rig

A computer especially designed for processing proof-of-work blockchains, like Ethereum. They often consist of multiple high-end graphic processors (GPUs) to maximize their processing power.

Pump And Dump

The recurring cycle of an altcoin getting a ton of attention, leading to a fast price increase, and then of course followed by a huge crash.

What is Cryptocurrency?

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.

What is cryptocurrency?

The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency. Since the release of bitcoin, over 6,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.

If you want to buy cryptocurrencies like Bitcoin (BTC) or any other altcoins, you have two options: if you don’t mind KYC (Know Your Customer) policy, you can create an account with CoinBase. Because of KYC policy, the site will ask for various papers like ID, proof of address and so on. If you want to go anonymous, you can create an account with Binance or KuCoin. On those last two sites you won’t need any proof of identity as long as you don’t exchange large amount of cryptocurrencies. Just click on one of the above link and follow some simple steps to open your own crypto account.