n Aragon votes against Ethereum changing its proof-of-work mining algorithm before Ethereum 2.0n
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Monero Developers Consider Adopting New Proof-of-Work Algorithm in October
n In October, privacy-centric cryptocurrency monero will reportedly switch to a new proof-of-work algorithmn
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Vitalik Buterin Proposes Higher Staking Rewards for Upcoming ETH PoS Algorithm
n Higher staking rewards for the upcoming proof-of-stake algorithm implementation have been proposed by Ethereum co-founder Vitalik Buterin on GitHubn
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Ethereum Developers Delay Mining Algorithm Change for Code Audit
During a public call Friday, a tentative decision on whether to implement the ethereum network’s ProgPoW update was postponed.
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Ethereum Devs Delay ASIC-Resistant PoW Algorithm Decision Until Third-Party Audit
n In a recent meeting, Ethereum core devs decided to delay the implementation of ASIC-resistant algorithm ProgPoW, pending a third-party auditn
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Ethereum Core Devs to Move Forward With ASIC-Resistant PoW Algorithm
n Ethereum core developers have reached a tentative consensus to implement a new proof-of-work algorithm that would reduce the efficiency of ASIC-based mining on the networkn
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DEX – The Proprietary Algorithm Of CEDEX For Diamond Tokenization
A sparkling, beautifully cut and polished diamond presents class, elegance, sophistication and value, but more than this, it represents financial stability. Diamond is the asset having potential of being leveraged for monetary gain. CEDEX, a certified, blockchain based diamond exchange and trading platform bridges the gap between an existing diamond ecosystem and financial markets. Possessing expert and profound industry knowledge, the team at CEDEX intends to empower investors to invest and trade in diamonds through a simple and streamlined process, similar to that of traditional asset classes.
CEDEX Technology
CEDEX uses Ethereum blockchain. Apart from underlying distributed ledger, Ethereum integrates Turing-complete programming languages on protocol-layer to enable smart contract capabilities. CEDEX is build upon four pillars; the DEX proprietary technology, blockchain, diamond tokenization and CEDEX Coin.
DEX – Proprietary Algorithm Of CEDEX
At the core of CEDEX lies DEX, a proprietary machine-learning algorithm for diamond tokenization. DEX was formed to overcome industry’s biggest challenges while classifying diamonds into specific asset class.
DEX envisions to connect diamond holders who wish to liquidate their assets, with traders seeking to hedge or diversify their investment to include diamond as their investment asset. The blockchain technology integrated within DEX makes the process secure and transparent. Hence, the biggest benefit offered by DEX is that it eliminates obstacles in transferring diamonds into an asset class, which include lack of coherence in diamond value and unsatisfactory level of transparency.
DEX & Artificial Intelligence
The DEX algorithm is based on artificial intelligence and machine learning technologies that enable systems to automatically learn and enhance the experience without being programmed explicitly. DEX accurately ranks diamonds as per their open market value by making use of the gemological data, global diamond inventory data and diamond financial indexes data.
It implies that traders can trade on CEDEX platform confidently, without being a diamond expert. DEX’s analytical data helps them making informed decisions regarding which stones to invest in, ensuring the best value for money.
About CEDEX Token Sale
The CEDEX Coin presale will start from January 12, 2018, followed by the main-sale on January 13, 2018, provided the pre-sale ends within 24 hours. Else, the main-sale will start from February 9, 2018. A total of 100,000,000 CEDEX Coins will be issued and 50,000,000 will be offered for public sale. Any unsold tokens will be destroyed. Users can buy CEDEX coins in Bitcoin, Ether or fiat currencies on the market rate. CEDEX will reserve 20-25% of CEDEX Coins for marketing and future development of the platform.
The Token Sale is going to bring the following special bonuses for the investors:
- Pre-sale: Bonus of up to 10% of total CEDEX Coin – 0.3 CEDEX Coin for each CEDEX Coin
- Day 1 of sale: Bonus of up to 40% of total CEDEX Coin – 0.15 CEDEX Coin for each CEDEX Coin
The CEDEX platform is expected to benefit investors looking to make their diamonds a more liquid asset and gain maximized yields due to price appreciation via the DEX.
Risk-averse investors will be able to have a stable store of value for preserving their capital and reducing their portfolio’s volatility.
To know more about the platform and participate in its upcoming Token Sale, please visit https://cedex.com/
The post DEX – The Proprietary Algorithm Of CEDEX For Diamond Tokenization appeared first on NEWSBTC.
New ccMiner Fork With Xevan Algorithm Support Is Available Now
The Xevan algorithm used by BitSend (BSD) has finally recieved a GPU miner for Nvidia-based mining rigs with the ccMiner fork by krnlx (source). Unfortunately for the moment the code of the miner only compiled and works under Linux, though hopefully soon things will be ironed out and a Windows version will also be available. […]
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