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What is Ethereum Classic?
It all started with the largest ICO in history, which was conducted by a decentralized autonomous organization (DAO). This is a venture fund based on Ethereum, which raised $ 150 million. After that, an anonymous attacker took advantage of a previously unknown vulnerability in a smart contract and withdrew $ 55 million from the fund.
To correct the problem, representatives of Ethereum held a hard fork, which divided the currency into two versions, each of which had its own blockchain. In the new version of Ethereum, the funds stolen by the attacker were returned to the owners. As a result, a group of stubborn enthusiasts decided to save and use the old version of Ethereum, which they renamed and made their own currency. This is how Ethereum Classic appeared.
What is more important decentralization or scalability?
Ethereum platform has become a real breakthrough in the cryptocurrency industry. If before this, the blockchain and cryptocurrency were perceived only as a decentralized and anonymous method of making transactions, then thanks to the development of Vitalik Buterin the possibilities of the blockchain were significantly expanded. It was thanks to Ethereum that many projects were developed and financed, which are now successfully developing.
In the future, the platform will be transferred to the algorithm of PoS, which will improve the protection mechanism and will eliminate the possibility of a powerful hacker attack, in which 51% of the computing power of the network is retained by one communication node.
Differences between soft and hard forks
Hardfork is a radical protocol change that helps to make any older transactions do work or the opposite way and requires all users to update their software to the level after hardfork is done. Sometimes you can hear such a thing as softfork.
It means Ethereum Classic is…
The controversial proposal caused a split, which led to the emergence of two different types of the ethereum – two variations of the same old ETH network. Ethereum, which is more popular today, includes the majority of users and leaders of the sphere (including Buterin): they accepted a modified transaction history. A minority that did not accepted the canges created the Ethereum Classic.
Ethereum Classic did not even came close to the success of The Ethtereum, but still exists and feels good. Hardfork showed to the market that ethereum is generally quite stable. Having finished the review of history, let us round the article up with short summary.
What is more important decentralization or scalability?
Ethereum platform has become a real breakthrough in the cryptocurrency industry. If before this, the blockchain and cryptocurrency were perceived only as a decentralized and anonymous method of making transactions, then thanks to the development of Vitalik Buterin the possibilities of the blockchain were significantly expanded. It was thanks to Ethereum that many projects were developed and financed, which are now successfully developing.
In the future, the platform will be transferred to the algorithm of PoS, which will improve the protection mechanism and will eliminate the possibility of a powerful hacker attack, in which 51% of the computing power of the network is retained by one communication node.
Differences between soft and hard forks
Hardfork is a radical protocol change that helps to make any older transactions do work or the opposite way and requires all users to update their software to the level after hardfork is done. Sometimes you can hear such a thing as softfork.
It means Ethereum Classic is…
The controversial proposal caused a split, which led to the emergence of two different types of the ethereum – two variations of the same old ETH network. Ethereum, which is more popular today, includes the majority of users and leaders of the sphere (including Buterin): they accepted a modified transaction history. A minority that did not accepted the canges created the Ethereum Classic.
Ethereum Classic did not even came close to the success of The Ethtereum, but still exists and feels good. Hardfork showed to the market that ethereum is generally quite stable. Having finished the review of history, let us round the article up with short summary.
If you are all set to launch your own ICO company, it is time to decide on how you will market it. ICO marketing takes a vital role in making your ICO company grow. It helps you gain more investors to help fund your project. But how do you really market an ICO company?
Basically, marketing plays a big part in making your ICO venture successful. Without it, you won’t be able to successfully put your ICO tokens in the market. It helps you get people to invest in your product. Down below is a checklist that you can use to help you start in ICO marketing.
Plan out your strategies
Firstly, you need a marketing strategy. You need to plan out the budget and the procedure on how you want your business to operate. It’s easier to proceed when you have a plan in hand.
ICO Company
Before you start marketing your product, make sure that you are done with Phase 1 of your ICO. Make sure that your website is ready. Aside from that, make sure that your ICO product is also ready.
ICO Website and Blog Networks
Guest posting and blogging can help boost your ICO’s visibility. You should consider writing articles in crypto communities like Steemit. In this way, you will be able to build your reputation and market your website at the same time.
Media and Press Release
Before you start on your campaign, prepare your ICO press release. You can hire a PR agency to assist you. However, you can save on expenses if you prefer to do the press release yourself.
Social Media and Social Media Community
News can easily spread in social media and cryptocurrency communities. Build your reputation and rapport with other members by interacting and joining social media sites and communities. These people can actually become a part of your ICO company or possible investors. You can try these social media and community networks:
- Youtube
- Telegram
- Bitcoin Talk
- Quora
Pay-Per-Click Ads (PPC)
Many platforms do not allow PPCs for ICO websites. However, you can use this to promote your website. Google and other platforms do not have strict rules regarding PPCs.
SEO Marketing
Another way to boost your website is SEO marketing. To do so, your website and blog channels should be SEO-friendly. To start off, you need to have a good set of keywords and backlinks. This method will help you top search engines, making it more accessible to the public.
Marketing via E-mail
Aside from SEO and social media marketing, E-mail marketing is considered one of the best marketing strategies. It is very important that you take time to make sure that your email will not be tagged as SPAM. Check out this out to know how.
Airdrop and Bounty Program
You can also market your company by running a bounty program. The bounty program can be expensive because of the extra hands. These people will manage the physical campaign of your product. Aside from that, you can also airdrop coins. Airdropping is usually done by many ICOs. If you plan on doing this, make sure that you have specific strategies for the program.
ICO Listing Site
ICO listing is one of the best ways to put your digital currency on top. You can check out websites like List ICO, ICOfriends, and ICObench. These websites will help you jump start your listing on top.
Crypto-Community and Blockchain Events
Attending blockchain and cryptocurrency events is another way of marketing. It helps you interact, build rapport, and impress investors. You can even host your own blockchain event. It can be quite expensive but is a good investment in marketing your product.
ICO Marketing
ICO marketing doesn’t just stop there. Once everything is settled, make sure that your website and social media platforms are up to date. Make sure that you keep the hype of your cryptocurrency going. In this way, more and more people will invest in your digital coin.
ICO marketing services
ICO marketing is really easy. However, if you think you can’t do it on your own, you can hire an ICO marketing agency. This marketing firm will help you market your ICOs while you are preparing for everything else. ICO marketing agencies can be expensive. Make sure that you set a budget for this.
These are just some of the important things that you need to add in your ICO Marketing Checklist. Have you started checking your list?
Marketing Space
How To Land FREE DR50 Guest Blog Backlinks With Outreach
Reliable Bitcoin News Sources
If you are interested in the world of blockchain and cryptocurrency, then you just need this list. In it, we have collected the most reliable, proven over the years, media resources.
Publications on key cryptocurrency issues
ICOFriends – reviews, news, analytics and opinions of experts on cryptocurrency.
CryptMarketCap – capitalization of cryptocurrency and information about its change in percentage. The total amount of coins emitted.
CoinWarz – online calculators for calculating the profit of cryptocurrency.
Market Analytics
The flagship among the analytical resources was the project Bitcoin Wisdom. Users get access to a convenient price chart with the display in the form of Japanese candles. Parallel data collection from several exchanges is carried out, which allows analyzing the market in real time.
News
The latest news is published on the pages of authoritative information resources. Inside originates at the site of ICOFriends, used by other sites as a primary source.
Users who need technical data will find the ICOFriends project interesting. One of the first publishes important news site ICOFriends.
Financial and trading
Most useful information about any currency is about its value. And to learn everything about the financial aspect of cryptocurrencies we could recommend to look at special articles on our blog and also for more detailed information you can refer to:
- Bitcoin-Qt is a client serving as the backbone of the network. It is characterized by a high degree of security, guarantees anonymity and functions without failures. The disadvantage is the lack of options.
- Bitcoin Armory – is based on the previous wallet platform and has additional features: cold storage of information, data encryption, and file backup.
- Electrum – based on the use of remote service data for processing complex operations. You can restore access to the system using a password.
The holy of holies of the world cryptocurrency – exchange for speculative operations. BTC China platform is in second place in terms of trading volumes and level of capitalization. The disadvantage is the Chinese interface.
Forums
The exchange of views between market participants takes place on forums, and the MMGP project has become a leader here. The site collects people interested in earnings on the Internet, and there is a large subsection on cryptocurrency. The forum has official pages in social networks.
There is an interesting forum on Bits.media, here the whole site is dedicated to cryptocurrencies and has a clear structure:
- news;
- cryptocurrency courses;
- useful articles.
The blockchain, along with Bitcoin, details the Bitnovosti resource. Clear structure, news feed, cryptocurrency courses, information about the nearest ICO. The creators post information about mining and tutorials in the form of films and books.
Check out Bitcoin news in different languages
Also make sure to look at our website in different languages if you are more comfortable with Japanese, Spanish or Portuguese instead of English. We are going to add many more localizations with time and integrate them into the web site. So it means more and more people with different language backgrounds will be able to reach the latest news and top quality materials.
Who is The Inventor of Bitcoin
Who has invented Bitcoin? This question has become an urban myth into the blockchain circle. Though it true that the enigmatic developer of Bitcoin is Satoshi Nakamoto but only a few of them has learned about the true identity if he is one or more than one people. Satoshi Nakamoto can be a single-handed programmer or a collective programmer. The protocol for Bitcoin was composed by Satoshi Nakamoto in 2007. However, the official white paper was released a year later. The primary Bitcoin chunk was mined in early 2009.
Nakamoto gets himself involved in the Bitcoin community for the following two years. After that, he announced to withdraw his membership from the community in December 2010. Then the reign was turned over with Gavin Andresen. Gavin had a closer relationship with Nakamoto. After a few months in spring 2011, Nakamoto announced that he will not be involved in Bitcoin and has moved to other things.
Satoshi Nakamoto nationality
About Satoshi Nakamoto
A number of people are hypothesized regarding the national identity of Satoshi Nakamoto. According to his P2P profile, he was born on April 5th of 1975 in Japan. Many Bitcoin-enthusiasts have doubts on the fluency of Nakamoto’s English in the White paper. Stefan Thomas, a Swiss Coder researched over 500 posts of Nakamoto on Bitcoin. His research showed the possibility of Nakamoto can be a Japanese man living in the GMT zone.
Prospects
It is believed that a good number of prominent people are using Bitcoin in pseudonym.
Dorian Prentice
Dorian Prentice is another closer preference for being Satoshi Nakamoto. He is a Japanese-American man who lives in California. According to some popular prospects, Satoshi Nakamoto can be the birth name of Dorian Prentice. His background as a physicist and systems engineer led people to think that he could be the founder of Bitcoin.
Nick Szabo
Nick Szabo can another candidate of being Satoshi Nakamoto, though he has repeatedly denied that. He wrote a whitepaper which has some similarities like cryptocurrencies before Bitcoin arrived. A researcher named Skey Grey linked the composing style of Nakamoto to Szabo’s.
Hal Finney
Hal Finney was a pioneer to cryptography along with the individuals to be utilized the Bitcoin software. In addition, Finney’s writing style also cautiously matched with Nakamoto’s.
Craig Wright
Some people linked this Australian academic Craig Wright to the creator of Bitcoin. The reason behind is Wright was in cahoots of some interesting Bitcoin experts including David Kleiman, Jon Matonis, Ian Grigg and Gavin Andresen.
Conclusion
Satoshi Nakamoto coded for Bitcoin in 2007 and after a couple of years, he was heavily immersed in the Bitcoin neighborhood. Different reports at different times have declared that he holds around $7 billion worth Bitcoin. If these reports have credibility and if this Nakamoto guy really exists, he would never need any other slice of this Bitcoin pie.
The true identity of the inventor of Bitcoin should remain anonymous because of the nature of their creation. Nakamoto may have comprehended that upholding the anonymity can remove the preceding dot of failure for Bitcoin. Furthermore, removing the single face may have some positive influence on the politics, rules, and decision-making of the Bitcoin community.