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Crypto Games Conference – Minsk Belarus
Crypto Games Conference is scheduled to be held in Minsk, Belarus on October 17th and October 18th.
This will be the first international conference that is dedicated to discussions related to game services and games that are in one way of another connected blockchain technology and cryptocurrencies.
One of the main goals of the summit is to bring together the worlds of blockchain, cryptocurrencies, games, and advanced high-end technologies that are redefining how the digital world. The discussions will majorly focus on the new opportunities that blockchain technology presents as well as evaluate the implications of their convergence.
More than 100 brands, 45 speakers, and 600 professionals from all the aforementioned industries are expected to attend the conference. The main topics are categorized in four distinct groups namely:
- Crypto funds and platforms
- Crypto game services
- Crypto games
- Gaming industry
The leading gaming developers will explain their new discoveries, projects, secrets of the gaming business as well as the marketing strategies that they use to sell their crypto games to the world.
In the Green Hall, the developers will discuss the uses of cryptocurrencies and blockchain to offer services in the gaming industry. Avoid last minute rush by buying your ticket today!
As bitcoins continues to create buzz across the world, let learn the basics of bitcoin.
Bitcoin is essentially a digital currency that unlike any fiat money is not owned by countries or central authorities. It is governed by the huge community if bitcoin users and is free from any corporate monopoly too. Its secure digital nature makes it easy to transfer all over the world that too at a very low expense. More and more individuals and businesses are adopting and accepting bitcoin as transactions are secure, faster and anonymous.
A bitcoin user uses a digital wallet to store, spend and receive bitcoin. While installing a bitcoin wallet a private key also known as ‘seed’ is set up. It ensures the safety and security of a transaction while the wallet is used.
Bitcoin works on the blockchain technology that is basically a shared public ledger on which the entire Bitcoin network relies. Any confirmed transactions (including newly added bitcoins) are added into blockchains. The ledger is maintained by the public & anyone can use the ledger to match a transaction.
Bitcoin mining involves complex mathematical calculations for the Bitcoin network users, to confirm transactions and increase security. Those who use their computers and resources for bitcoin mining are called miners.
When you make a Bitcoin transaction, your Bitcoin software uses your private key to signs the transaction cryptographically. Unlike normal transactions, here you don’t give our personal details. Only the wallet address is visible and this ensures anonymity & safety.
Bitcoin was made available to the public in 2009 by an anonymous Satoshi Nakamoto whose goal was to create “a new electronic cash system” that was “completely decentralized with no central power or authority.” In the year 2010, a person sold 10,000 Bitcoins for the first time to purchase two pizzas. Now, Bitcoin is widely accepted all over the world in different fields, and its future is beyond the imagination.
Our friends at Bitcoinfy.net developed an interesting infographic on Bitcoin & Blockchain Technology, please have a look at it, and share your thoughts.
Bitcoin expected to build momentum in Q4
Cryptocurrency analysts are speculating on the future of Bitcoin as we enter the fourth quarter and the year is drawing to a close. Many voices have noted that Bitcoin could see an exponential rise towards the end of the year if the trend of 2017 is anything to go by. Whilst Bitcoin has recently seen an unprecedented period of calm and stability, analysts predict that there is a bull market on the horizon. Some are worried that this will lead to a similar rise and fall as seen last year. Although it’s been almost a year since Bitcoin’s rise to, and subsequent fall from, an all-time high, cryptocurrency experts just can’t seem to let go of this event. Fortunately, their predictions have so far been anything but reliable, so for the time being it’s safe to say that Bitcoin will maintain its position as the leading cryptocurrency in terms of market cap.
Bitcoin watch and an art exhibition to celebrate the anniversary of Bitcoin
The Swiss luxury watch manufacturer Hublot announced on September 19th that they would release a new watch called Big Bang Blockchain. The release is meant to coincide with the 10th anniversary of Bitcoin. Interested buyers will have to sign up to a dedicated website in order to get their hands on the new watch. The payments for the watch will be handled with Hublot’s new partner Octagon Strategy Limited. Hublot is not the only brand celebrating the anniversary of Bitcoin, however. An art exhibition called Bitcoin Art (R)evolution will be put on by a Parisian gallery to create more awareness around cryptocurrency. The exhibition will also allow visitors to purchase items in exchange for the cryptocurrency. Payments aren’t limited to Bitcoin, however, but can also be made with Monero, Litecoin, and Ethereum.
BitGo to release $1 trillion Bitcoin wallet
The security provider BitGo has for a long time been at the forefront of cryptocurrency wallets. Their wallets could contain $10 million worth of cryptocurrency tokens back in 2013. Two years later, that figure rose to $100 million. Two years after that, BitGo’s wallets could hold tokens worth almost $1 billion. Although the technology to contain more tokens is available, the stakes involved in storing so much money in one place continues to rise. This hasn’t stopped BitGo for setting their sights on the $1 trillion mark, however. The challenge for the security firm is to ensure that the money will be difficult to get to in case of the owner being threatened by a criminal.
Samourai wallet won’t display fiat value of Bitcoin
The company behind the popular cryptocurrency wallet has announced that future iterations will no longer display the value of cryptocurrency in fiat money. Users are currently able to view their balances in US dollars, but Samourai believes it’s time to end that. An official statement from the manufacturer says that “users will never be ready” to conduct transactions in Bitcoin unless they’re more or less forced to do so. They cite the familiarity of thinking in terms of fiat money, whilst the actual transactions are part of the cryptocurrency economy and not the traditional economy.
It has been another great 24 hours for Bitcoin, and other top cryptocurrency tokens as the market continue to bounce back. Check out the latest news below!
Bitcoin and Ripple are gaining ground
The price of all the main cryptocurrency tokens has gone up in the past 24 hours. Bitcoin has increased by 2% and is now trading at more than $6,500 per BTC. At the same time, Ethereum has gone up by 5% and is currently being sold for $220. Ripple clocks in at third place, rising a staggering 16.5% to a value of $0.53. Seems low? Don’t be so sure. Ripple has overtaken Ethereum regarding market cap twice in the past week. The cryptocurrency market is all in all doing pretty well at present. The total market cap is at $217 million, and over two thousand different tokens are being traded on the international exchanges.
Bitcoin is now a word in Scrabble
Yesterday, we covered how Merriam-Webster has added Bitcoin to the latest edition of its dictionary. This means that players of Scrabble can now use the word while playing the Hasbro game, and it’ll earn them nine points. The addition of Bitcoin to the dictionary is significant because it’s another step towards public awareness and acceptance. Among the other words added to the dictionary were “twerk” and “emoji.” This could indicate that the phrase Bitcoin is on par with these terms, both of which are arguably more commonly known. We will undoubtedly see a rise in token value and investment as the general awareness of cryptocurrencies spreads.
New Bitcoin startup backed by Goldman Sachs and Google
Marwan Forzely is the man behind Western Union and has a knack for creating shortcuts when it comes to money transfers. His new venture Veem will be utilizing Bitcoin to cut out the middle man — meaning the banks. The experiment is backed by investment giants like Goldman Sachs, Silicon Valley Bank, Pantera Capital, and Google Ventures. Users of Veem will be able to use Bitcoin to make direct transfers from their bank account to a vendor or supplier. The fact that Bitcoin has risen exponentially in value since the first investment round has only strengthened the project. When Forzely started, Veem Bitcoin was trading at $300 compared to its current value of $6,500.
Bitcoin to become a multi-network token
There is no doubt that Bitcoin maintains the lead regarding market cap, but Ethereum has proven to have much more utility because of the way its network is structured. Countless ICOs have been made possible with the help of the Ethereum network. This is because Ethereum is a multi-network token. It utilizes a series of side chains, in addition to its main blockchain, to facilitate other developers using them. Bitcoin has been working on expanding its network to have the same capacity since 2014. It has taken up until now, however, to finalize the plans and put them into action. It will be interesting to see if Bitcoin will outcompete Ethereum when it comes to working with new ICOs. You can read a full description of the project here.