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Ways of Cryptocurrency Investing and Financing

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Just as we have discussed before that from the view of bitcoin address, the proportion of long-term holders are still increasing. Then, for those who choose to hold the coins for a long term, what are the methods to “make profits with coin storage” under the premise of security? Since some mining workers always asked similar questions, we will put into our discussion today.

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Differences among Libra, Bitcoin and PayPal

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Recently, Facebook released a white paper on its cryptocurrency, Libra, and described it as a “global currency.”

Being based on blockchain technology, Libra is very similar to bitcoin although it also depends on real assets such as a portfolio of stable government bonds; more than 20 partner institutions including MasterCard, Visa, PayPal and Coinbase will participate in the plan. Each partner agency will pay at least US$10 million as membership fee and Facebook initially intends to attract at least 100 partner institutions and US $1 billion of assets.

In practical operation, Libra is more like the online payment systems such as PayPal instead of the cryptocurrency like bitcoin. The following three figures illustrate why Libra is more like the PayPal instead of bitcoin.

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Cryptocurrency Issued by 14 Municipal and National Administrations

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At a time when blockchain and cryptocurrency waves are sweeping across the world and the vague prospects of central banks on cryptocurrencies, many large cities worldwide seem to rush to introduce their own regional cryptocurrencies.

In Asia, Japan, South Korea, Chinese Taiwan; In Europe, Britain, Norway, Sweden, Ukraine; In America, Canada; In Africa, Orania … According to public statistics, more than 14 countries and regions in the world have launched exclusive “city cryptocurrency”.

EastShore will make a detailed introduction of the city cryptocurrency in this article. No matter whether they are successful ones, they will provide a new paradigm template for the development of blockchain and cryptocurrency.

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From Game Theory to POW, POS and DPOS

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From Game Theory to POW POS and DPOS IMG 00

In Applied Mathematics there is a very interesting branch named Game theory. According to its literal meaning, it should be known as a theory of “game”. However, the “game” here does not refer to the scope of conventional entertainment, otherwise it will never have the values of mathematics researches. In a broad sense, the “game” is a model in which many scenarios involving strategic games can be modeled in this way.

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What’s up with Decentralization and DApps?

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Whats up with Decentralization and DApps IMG 00

“Decentralized applications” (also known as DApps) has become a hot spot in the current blockchain industry, but once we get down to do researches, we will find that most DApps are just gaming plate or funds plate. What’s more worrying is that DApps may become another word with vague definition after the “blockchain” and there are various misunderstandings in the market about it.

Now, we’d like to share the current status of DApps and the key solutions and methods from the history of decentralization and centralization. We believe that our experience shared as follows will bring inspirations for you.

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