All posts by Thomas Prendergast

Markethive’s Automated Marketing System Is Free!!

Markethives's Automated Marketing System Is Free!!

MarketHive is a social marketing platform called a Market Network for entrepreneurs that has the combined power of Facebook and LinkedIn, Twitter, WordPress, and Google Blogger.

It's a great place to blog and post about all things we discuss on LinkedIn, Facebook, and other social media outlets but you'll be able to blast your posts/blogs out to all of your social media platforms simultaneously.

In essence, MarketHive is all about empowering entrepreneurs through social engagement and marketing.

Your probably asking yourself how can something really be bad to the bone if it's Free

Well we built Markethive for you the entreprenuer. We built it for those that have the guts to step out of the inline thinking of getting a job and working every week for a paycheck. Like you Markethive is built on the premise that it is better to create jobs rather than go out and find one. Don't misunderstand me! I'm not saying that having a job is a bad thing, I'm saying, if you desire more like a many of us do. Then Markethive can help you with a road map and like minded people to help you along the way.

Markethive is built to inspire, give hope and a clear path to success. When you join Markethive for Free you have a whole social network of business people, which we call the Hive. These business minded individuals are just like you and they too have a drive deep down in their belly to achieve goals that are greater than that of the average internet marketer. But Markethive is not just a social network like Facebook, or LinkedIn. We offer you a great number of tools that bring all of your social network accounts under one roof. You can not get these tools on other sites. How do we know this? Because we've scoured the Internet looking for them.  What we have at Markethive has a Bad To The Bone email auto responder system, Blogging platform that connects into WordPress, back office analytics tracking, capture page creation, one click wigit, groups section so that you can collaborate with other entrepreneurs and Blog Subscribe.

The Blog Subscribe allows other to share your post's to their social networks on auto pilot.

So let take a moment and compare Markethive to the other leading and most well known systems available for purchase. 

Markethive offers more features and they are 10 times better for "Free"

Click here to get a free Markethive Account

Chris Corey CMO Markethive Inc

 

 

 

TP

Markethive’s Automated Marketing Platform Is Bad To The Bone And It’s Free!!!

Markethive's Automated Marketing Platform Is Bad To The Bone And It's Free

Your probably asking yourself how can something really be bad to the bone if it's Free

Well we built Markethive for you the entreprenuer. We built it for those that have the guts to step out of the inline thinking of getting a job and working every week for a paycheck. Like you Markethive is built on the premise that it is better to create jobs rather than go out and find one. Don't misunderstand me! I'm not saying that having a job is a bad thing, I'm saying, if you desire more like a many of us do. Then Markethive can help you with a road map and like minded people to help you along the way.

Markethive is built to inspire, give hope and a clear path to success. When you join Markethive for Free you have a whole social network of business people, which we call the Hive. These business minded individuals are just like you and they too have a drive deep down in their belly to achieve goals that are greater than that of the average internet marketer. But Markethive is not just a social network like Facebook, or LinkedIn. We offer you a great number of tools that bring all of your social network accounts under one roof. You can not get these tools on other sites. How do we know this? Because we've scoured the Internet looking for them.  What we have at Markethive has a Bad To The Bone email auto responder system, Blogging platform that connects into WordPress, back office analytics tracking, capture page creation, one click wigit, groups section so that you can collaborate with other entrepreneurs and Blog Subscribe.

The Blog Subscribe allows other to share your post's to their social networks on auto pilot.

So let take a moment and compare Markethive to the other leading and most well known systems available for purchase. 

 

Markethive offers more features and they are 10 times better for "Free"

Click here to get a free Markethive Account

Chris Corey CMO Markethive Inc

http://markethive.com/chriscorey

 

 

 

 

 

 

TP

Losing Weight

How To Lose Weight Fast: 5 Evidence Based Steps Anyone Can Follow

Most people who aim to lose weight want to achieve their goal as quickly as possible. In fact, most diets fail because they simply don’t show results fast enough. Putting in lots of effort for little return causes people to lose motivation. In turn, we reach for comfort food to ease our negative emotions.

Moreover, most ‘quick fix’ diet plans leave you starving, unsatisfied and in the end, make you put more weight back on than you lost in the first place.

However, according to scientific research you can learn how to lose weight fast without either of the above consequences. I’m here to tell you how.

#1 – Cut Out Carbs

Cutting out carbs is one surefire way to lose weight fast by dumping the refined sugars and starches from your diet and in turn, using stored body fat as fuel.

White bread, refined grains and sugars all increase your insulin levels which is the main fat storage hormone in the body. These culprits leave your body continuously in fat storage mode, with increased hunger levels.

Without carbohydrates for fuel, your body is forced to use stored fat as fuel. Many people who cut refined grains and sugars from their diet see significant weight loss, as much as 10 pounds in the first week, without counting calories.

In fact, research has shown that a low carbohydrate diet is more effective than a low fat diet for women hoping to lose weight fast (source).

This was illustrated most prominently in a study published in the New England Journal of Medicine. The study compared weight loss between two groups of people; one on a low-fat diet and one on a low-carb diet. Participants were observed for 12 months and the results were astonishing. The low carb group lost a huge 7.3% of body weight, compared with only 4.5% for those on the low fat plan (source).

A large volume of research has also been conducted to determine whether low carb diets can lower blood sugar in patients with type II diabetes. One study proved that “a low-carbohydrate diet is more effective in reducing body weight than healthy eating in both diabetic and non-diabetic subjects” (source)

Moreover, by lowering insulin levels, your kidneys more effectively remove excess water from your body. This results in less bloating and releases excess water weight.

#2 – Eat More Protein

When restricting carbohydrates in your diet, around 30% of your daily calories should come from protein.

Studies have shown that a high protein, zero carbohydrate diet can boost your metabolism by over 40% (source) as well as increase your satiety, meaning you feel fuller for longer (source)

Moreover, research has shown that a diet full of high protein meals can actually lower your desire to eat and reduce obsessive thoughts about food by up to 60% (source).

Protein is an essential nutrient which is involved in every cell in the human body. The importance of including protein in your diet can not be overstated. Protein synthesis is needed for everything from building stronger muscles to growing your hair.

Good sources of protein include:

  • Meat – beef, pork, lamb, bacon
  • Poultry – chicken, turkey
  • Seafood – salmon, tuna, shrimps, lobster
  • Dairy – organic milk, yogurt
  • Eggs – organic eggs are best

#3 – Eat More Vegetables

Loading your plate with vegetables is a great way to fill yourself up and ensure your diet is packed with all the essential nutrients you need.

Moreover, studies have shown that packing your meals with vegetables can help you to lose weight fast (source). Especially cruciferous vegetables like broccoli, brussels sprouts, cabbage and cauliflower. These types of vegetables have also shown to be beneficial to your health in other ways, such as fighting cancer (source).

Although vegetables do contain some carbohydrates, they are in very low amounts. Also, they are naturally occurring in fruit and vegetables, therefore, easier processed by the body, unlike refined carbohydrates such as those found in grains.

Even filling a plate with vegetables several times a day won’t find you going over around 30 net carbs daily.

Some of the best low carb vegetables include:

  • Broccoli
  • Cauliflower
  • Spinach
  • Kale
  • Brussels sprouts
  • Cabbage
  • Swiss chard
  • Lettuce
  • Cucumber
  • Celery

#4 – Include a Cheat Day

When it comes to losing weight fast, many people have misconceptions about nutrition. One of the best ways to reap weight loss benefits quicker is to include a cheat day in your week. This is for a number of reasons, let me explain why.

Firstly, being successful with weight loss is as much about mental strength as it is what you put into your body. Making the right food choices, having will power and feeling motivated all impact success.

Nothing is more draining on motivation than eating the same meals day in and day out and not seeing results. That is one reason why cheat days work. They allow you to eat all that food you’ve been craving in order to get it out of your system and get back into the hard work of dieting.

Now of course, you’re thinking, ‘but Helen, won’t that ruin my diet?’ The answer is no. This is because being successful in losing weight fast is about what you do the majority of the time. Eating poorly one day won’t make a difference, in the same way only eating healthy for one day doesn’t make a difference, it’s what you are doing long term that counts.

Secondly, science tells us that cheat days are necessary to lose weight fast (source).

When you start to cut out carbs and lower your caloric intake, it goes swimmingly – at first. That is until the hormone leptin kicks in. This hormone is responsible for telling your body when you’re starving. This means your body tried to hold on to your fat stores and your weight loss plateaus.

By increasing your caloric and carbohydrate intake for a day, you can tell your body that you are not starving, turning it back into a fat burning machine (source).

You may gain a couple of pounds during cheat day, but this will mostly be water weight which you will lose again within a couple of days.

#5 – Try High Intensity Interval Training (HIIT) and Strength Training.

Although when talking about how to lose weight fast, exercise is not completely necessary (we already discussed how beneficial cutting carbs alone can be), it definitely helps. Plus, if you want to not only lose weight, but be left with a lean, toned physique, some exercise is particularly beneficial.

The best forms of exercise to help you lose weight fast is a combination of HIIT and strength training. Let me explain why.

Firstly, High Intensity Interval Training or HIIT is a technique that has been used for a number of years. Initially it was used by professional athletes, however, HIIT workouts have become increasingly popular throughout the fitness scene generally and are now easily performed by anyone.

HIIT workouts push your body to its limits in a shorter period of time. This means you achieve better results faster. In a HIIT cardio workout, you will perform an exercise with 110% effort for around 20 seconds. Then you will take a short rest of 10 seconds before starting again. This 20 seconds on 10 seconds off continues for around 20 minutes and covers a handful of exercises.

Because of the intensity of HIIT cardio, most workouts don’t last long. But this means you can do more in a shorter amount of time. This gets the best results and means no more hours spent running on the treadmill.

Benefits of HIIT

Burn More Calories

High Intensity Interval Training burns more calories than standard cardio workouts. This is because HIIT workouts increase your excess post oxygen consumption (EPOC) or afterburn. Basically this means you can burn more fat even after you’ve finished your workout. In fact, your metabolism will be higher and your will burn more calories for up to 48 hours after you finish your workout. This means you can torch through excess body fat (source).

Do It Anywhere

Most of the time, a HIIT cardio workout doesn’t need any equipment. That is why it’s great for everyone because it can be done anywhere, even at home. You don’t need to go to the gym just to get in an awesome workout. Personally, I like to get outside in the park and blast out a quick HIIT session. It feels great to get outdoors and work out.

It’s Quick

HIIT cardio workouts don’t last very long simply because they are often at a much higher intensity level. This is another reason why they’re great for almost everyone. Not having enough time to workout is no longer an excuse.

Secondly, strength training is an excellent addition to everyone’s life, men and women alike. Many people (especially women) have the misconception that strength training is solely for those who want to have huge muscles and look like Dwayne ‘The Rock’ Johnson. But strength training has a number of health benefits and is especially good for those looking to lose weight fast.

Benefits of Strength Training:

Burn More Fat

The fact is the more muscle you have, the more fat you burn. By increasing your lean muscle mass you effectively manage how many calories you are burning in each gym session. It even helps you to burn outside of your workouts. In everyday life we are continuously burning calories. Whether it’s doing housework or running to catch a bus, everything we do is using up calories. So the more muscle you have, the more calories you will burn in your everyday activities.

Healthier Bones

As we age, our bone density becomes impaired. From childhood, our bones are growing and becoming stronger. Old bone disintegrates and new bone is formed as our bones rebuild themselves. For the most part, our bones build more new bone that the old bone we are losing, keeping a healthy balance and therefore good bone density.

This continues until our bones reach their peak bone density which for most people is in their 30s. After this, bone density slowly diminishes as we start to produce less and less new bone. Not building strong enough bones by the time you hit peak bone density can lead to issues like osteoporosis.

Both men and women alike will slowly lose bone density as they get older. Due to changes in estrogen, women tend to lose more bone, quicker.

One way to promote bone health and strength is with regular weight bearing exercise. Strength training can not only help build stronger bones by up to 3%, it can also slow the rate at which our bones deteriorate (source).

Retain Lean Muscle Mass

Even if you are not looking to increase muscle size, it is important to keep the lean muscle you already have. As we get older, our muscles naturally start to diminish just like our bones. Plus, when you are cutting calories in order to lose weight, your body wants to fight that by keeping fat and losing muscle.

Studies have shown that resistance training maintains fat free mass when used in conjunction with a low calorie diet (source).

Prevent Injuries

Strength training not only builds stronger bones and muscles but it also improves the strength of the ligaments, tendons and connective tissue that surround them. This supports your joints as well as helps to give you better balance. This also helps to reduce your risk of injury.

Conclusion

These 5 easy steps can show you how to lose weight fast without starving yourself and in a way which will maintain that weight loss long term.

Moreover, as you can see from the research, the health benefits associated with these diet and exercise methods will not only encourage you to lose weight, but lead a healthier life overall.

For more navigate to the original article here:
https://www.healthambition.com/how-to-lose-weight-fast/

Thanks Helen Sanders

Thomas Prendergast (Once a fatman myself)
CEO
Markethive, Inc.

TP

Will Markethive Get On Shark Tank? Fingeres Crossed!

 

Chris Corey from Markethive attended an open casting call in Detroit's Hope Hall to bring Markethive into the Shark Tank

 

 

Shark Tank is a TV show where entrepreneurs come into a room and pitch a panel of “Sharks” or investors to raise money for their idea.

 

Pitching Shark Tank has been one of my goals since I had seen the first episode. The chance to stand in front of a room of skilled investors as you try to convey your vision for your company in such a way that, they too capture and embrace your dream.

I have always loved the quote " you don't know, what you don't know" as I have watched hundreds of episodes of Shark Tank I have gained a deeper insight into business from each episode. To be brought into the show via my television, to be able to experience the minds of true professional investors is worth its weight in gold.  Shark Tank, in my opinion, has done two things. One, allows its viewers to gain great insight into what investors look for in companies while allowing you to better prepare for the type of information they are looking to extract. Two, they allow you to see how they themselves would change a feature about the product or the look of the packaging to increase sales. Nowhere else can you gain this knowledge, without having a company and pitching yourself. Still, the knowledge gained from one live pitch yourself in comparison to the knowledge gained from watching hundreds of pitches is like comparing Earth to the size of our Sun. 

Entrepreneurs who make it onto a "Shark Tank" episode have the opportunity to introduce their company to a viewing audience of 7 million potential customers.

The companies that land a deal with one or more of the show's investors then have the chance to scale and, in some cases, become a nationally recognized brand.

We looked through old episodes and asked the Sharks themselves about their most successful deals. Read on to learn about the biggest "Shark Tank" success stories so far.

 

Scrub Daddy

A sponge company has far and away become the biggest "Shark Tank" success story. Over the past three years, Scrub Daddy has brought in a total of $75 million in revenue, according to investor Lori Greiner.

Greiner made a deal with its founder and CEO, Aaron Krause, in Season 4 for $200,000 in exchange for 20% equity. At that point, Krause had struggled to reach $100,000 in sales over 18 months, but Greiner saw great potential in the company's signature offering, a proprietary smiley-faced sponge that was more durable, hygienic, and effective than a traditional one.

She helped Krause expand his product line and brought them onto QVC and into stores like Bed, Bath & Beyond, where they have become bestsellers.

Shark Tank highlights entrepreneurs who are seeking an investment to expand or launch their business or product. Fervent business owners pitch their idea to the sharks, a panel of savvy investors and business gurus who are self-made millionaires and billionaires. If the sharks like what they hear they may invest their own money, and if they aren’t impressed they can be ruthless in teaching the entrepreneurs a hard lesson or exposing weaknesses within a business, product, or concept. The pitches can be quite dramatic as hopeful and passionate entrepreneurs put it all on the line, sometimes collapsing under the pressure of fast-paced negotiations and even breaking down in tears. In this fantastic whirlwind of television mania, some products are torn apart and spit out by sharks while others create a feeding frenzy. For those that make it out alive, appearing on the Shark Tank can accelerate success wildly fast. 

In reality, most pitches last for a grueling hour or more but are edited down to make entertaining ten-minute television segments. The entrepreneurs must convince the sharks to invest the full amount of money they are asking for, or more, or they leave the tank without a deal. The deals reached on the show are preliminary agreements and are not binding until the sharks do their due diligence in checking out the entrepreneur and claims made in the pitch. Some deals actually fall apart behind the scenes and some may be altered. In any case, all the businesses that appear on the show get the unique opportunity to stand in the spotlight as 8 million viewers watch their enthusiastic and heartfelt pitch. The exposure from the show creates a rapid acceleration of product sales and interest in the featured businesses, crashing websites with a bombardment of sudden traffic, stripping companies of their inventory, and turning start-ups into multi-million dollar companies practically overnight. This boom in growth and product sales has come to be known as the Shark Tank Effect. 

Chris Corey Markethive

Contributors:

http://www.businessinsider.com

 

Images from Printerest

 

TP

#pitchsharktank, From Social Networks To Market Networks

From Social Networks To Market Networks

@mzcasting15 

Most people didn’t notice last month when a 35-person company in San Francisco called HoneyBook announced a $22 million Series B*.

What was unusual about the deal is that nearly all the best-known Silicon Valley VCs competed for it. That’s because HoneyBook is a prime example of an important new category of digital company that combines the best elements of networks like Facebook with marketplaces like Airbnb — what we call a market network.

Market networks will produce a new class of unicorn companies and impact how millions of service professionals will work and earn their living.

What Is A Market Network?

“Marketplaces” provide transactions among multiple buyers and multiple sellers — like eBay, Etsy, Uber and LendingClub.

“Networks” provide profiles that project a person’s identity, then lets them communicate in a 360-degree pattern with other people in the network. Think Facebook, Twitter and LinkedIn.

What’s unique about market networks is that they:

  • Combine the main elements of both networks and marketplaces
  • Use SaaS workflow software to focus action around longer-term projects, not just a quick transaction
  • Promote the service provider as a differentiated individual, helping to build long-term relationships

An example will help: Let’s go back to HoneyBook, a market network for the events industry.

An event planner builds a profile on HoneyBook.com. That profile serves as her professional home on the web. She uses the HoneyBook SaaS workflow to send self-branded proposals to clients and sign contracts digitally.

She then connects to that project the other professionals she works with, like florists and photographers. They also get profiles on HoneyBook, and everyone can team up to service a client, send each other proposals, sign contracts and get paid by everyone else.

This many-to-many transaction pattern is key. HoneyBook is an N-sided marketplace — transactions happen in a 360-degree pattern like a network. That makes HoneyBook both a marketplace and network.

A market network often starts by enhancing a network of professionals that exists offline. Many of them have been transacting with each other for years using fax, checks, overnight packages and phone calls.

By moving these connections and transactions into software, a market network makes it significantly easier for professionals to operate their businesses and clients to get better service.

We’ve Seen This Before

AngelList is also a market network*. I don’t know if it was the first, but Naval Ravikant and Babak Nivi deserve a lot of credit for pioneering the model in 2010.

On AngelList, the pattern is similar. The startup CEO can complete her fundraising paperwork through the AngelList SaaS workflow, and everyone in the network can share deals, hire employees and find customers in a 360-degree pattern.

Joist is another good example. Based in Toronto, it provides a market network for the home remodel and construction industry. Houzz is also in that space, with broader reach and a different approach*. DotLoop in Cincinnati shows the same pattern for the residential real estate brokerage industry.

 

Looking at AngelList, Joist, Houzz, DotLoop and HoneyBook, the market network pattern is visible.

Six Attributes Of A Successful Market Network

Market networks target more complex services. In the last six years, the tech industry has obsessed over on-demand labor marketplaces for quick transactions of simple services. Companies like Uber, Mechanical Turk, Thumbtack, Luxe and many others make it efficient to buy simple services whose quality is judged objectively. Their success is based on commodifying the people on both sides of the marketplace.

However, the highest value services — like event planning and home remodeling — are neither simple nor objectively judged. They are more involved and longer term. Market networks are designed for these types of services.

People matter. With complex services, each client is unique, and the professional they get matters. Would you hand over your wedding to just anyone? Or your home remodel? The people on both sides of those equations are not interchangeable like they are with Lyft or Uber. Each person brings unique opinions, expertise and relationships to the transaction. A market network is designed to acknowledge that as a core tenet — and provide a solution.

Collaboration happens around a project. For most complex services, multiple professionals collaborate among themselves — and with a client — over a period of time. The SaaS at the center of market networks focuses the action on a project that can take days or years to complete.

Market networks help build long-term relationships. Market networks bring a career’s worth of professional connections online and make them more useful. For years, social networks like LinkedIn and Facebook have helped build long-term relationships. However, until market networks, they hadn’t been used for commerce and transactions.

Referrals flow freely. In these industries, referrals are gold, for both the client and the service professional. The market network software is designed to make referrals simple and more frequent.

Market networks increase transaction velocity and satisfaction. By putting the network of professionals and clients into software, the market network increases transaction velocity for everyone. It increases the close rate on proposals and expedites payment. The software also increases customer satisfaction scores, reduces miscommunication and makes the work pleasing and beautiful. Never underestimate pleasing and beautiful.

Social Networks Were The Last 10 Years. Market Networks Will Be The Next 10.

First we had communication networks, like telephones and email. Then we had social networks, like Facebook and LinkedIn. Now we have market networks, like HoneyBook, AngelList, Houzz, DotLoop and Joist.

You can imagine a market network for every industry where professionals are not interchangeable: law, travel, real estate, media production, architecture, investment banking, personal finance, construction, management consulting and more. Each market network will have different attributes that make it work in each vertical, but the principles will remain the same.

Over time, nearly all independent professionals and their clients will conduct business through the market network of their industry. We’re just seeing the beginning of it now.

Market networks will have a massive positive impact on how millions of people work and live, and how hundreds of millions of people buy better services.

I hope more entrepreneurs will set their sights on building these businesses. It’s time. They are hard products to get right, but the payoff is potentially massive.

by (@JamesCurrier)

Is Markethive one of the new pioneers called a Market Network?
Please comment below what do you think?

References:

TECHCRUNCH

THE HIVE IS THE NEW NETWORK

TP

Top 3 Types of Bitcoin Scams

 

Top 3 Types of Bitcoin Scams

TheMerkle Bitcoin Scam Types

 

It is not hard to see the cryptocurrency world has successfully attracted a lot of nefarious individuals looking to scam others. In fact, it appears there are more bitcoin-related scams showing up every single day. As one would expect, there are a few different types of scams that are more prevalent than others. Never change a winning tactic, according to criminals.

3. PONZI SCHEMES

Virtually every platform offering bitcoin investment should be treated with a lot of scrutinies. While there is a way for people to make money with other’s money  – trading altcoins, for example – no one has successfully done so on a large scale. Trading itself is a very risky business, yet it is also the most legitimate way to increase cryptocurrency holdings over time.

Unfortunately, there are quite a few large-scale investment opportunities, all of which will eventually turn into a scam. Ponzi schemes in the bitcoin world will always attract desperate people and shills, and there is quite an abundance of these programs available right now. Never trust any online platform claiming to let you earn money without doing anything.

2. MINING HARDWARE

The Cryptocurrency world is home to some great innovation, especially where mining hardware is concerned. Gone are the days of FPGA mining, as it is all about ASICs right now. There are quite a few companies who claim to manufacture hardware, and most of them will offer pre-sale discounts to anyone investing in that company. It is not surprising a lot of these companies offering pre-sales are complete scams, as most of them do not even have any ASIC research and development lab whatsoever.

One of the more recent scams revolving around bitcoin mining hardware goes by the name of Foxminers. The company provides no evidence of their mining hardware or research. Companies like these often trick people into depositing funds in the hopes of getting a cheaper new bitcoin miner. However, they will continue to delay shipping and eventually run off with the money.

1. CLOUD MINING

Perhaps the biggest industry of bitcoin scams comes in the form of companies claiming to run a cloud mining operation. One of the biggest cryptocurrency cloud mining scams to date goes by the name of HashOcean, a company that successfully paid miners for over a year until they finally disappeared and could no longer maintain paying out users accordingly.

Every cloud mining venture should be looked at very closely, as the number of legitimate companies can be counted on the fingers of one hand. Even then, ensuring a return on investment is virtually impossible due to volatile bitcoin prices and mining difficulty increases. Cloud mining can be somewhat lucrative if one is lucky, yet directly buying the cryptocurrency in question and holding onto it for the same duration as the mining contract will usually generate better returns.

Chris Corey CMO MarketHive

   April 28, 2017

TP

Mysterium To Build Blockchain-based VPN for Secure, Anonymous Internet Connection

Mysterium To Build Blockchain-based VPN for Secure, Anonymous Internet Connection

 

This is a paid press release, which contains forward-looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality of the press release.

27th April, Zug, Switzerland: Blockchain startup Mysterium Foundation has announced its token crowdsale scheduled for the 30th of May. Mysterium is building a decentralized Virtual Private Network (VPN) that anyone can use to connect securely and anonymously to the internet. The system is also designed so that users who share their spare bandwidth to the network will be able to earn digital tokens in reward. The Mysterium platform will operate via its native MYST token, available through the crowdsale.

Until now the public has had to trust their private data to large centralized VPN providers. Now Mysterium will offer an alternative decentralized peer-to-peer (P2P) network that aims to take back power from big corporations. Mysterium acts as a distributed marketplace for the give and take of VPN services and is backed by secure Ethereum blockchain technology.

Internet privacy is under attack. Last month the U.S. reversed a set of important consumer protection rights allowing Internet Service Providers (ISPs) to track customer activity and sell that data to the highest bidder. According to the Electronic Frontier Foundation customers will now be subject to ‘new and invasive ways to track and deliver targeted ads to customers’ [1]. As a result, the U.S. has seen a huge surge in demand for VPN’s as people seek to restore their privacy. Most users are unaware that they are simply moving their private data from centralized ISP’s into the hands of centralized VPN providers.

Mysterium offers a real alternative – an open source, decentralized and encrypted VPN solution with levels of privacy unmatched by centralized providers.

Mysterium Network is specifically designed to combat this erosion of our privacy at a time when corporations, governments, and other entities are becoming increasingly invasive in their surveillance tactics. The peer-to-peer platform will be completely Open Sourced — so no hidden code that can secretly do something you don’t want it to and no hidden or central servers secretly collecting your data. 
-Robertas Visinskis, Founder, Mysterium Network

The Mysterium platform is designed so that anyone with bandwidth to spare can join the network as a VPN node provider and earn MYST tokens in reward. To enable the system to scale, transactions will be handled through the platform’s own decentralized micropayment system called CORE.

The MYST token pre-sale opens on May 30th at 13:00 UTC. Funds raised will be used to support the development and the launch of the platform.

For more information visit: https://mysterium.network

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Chris Corey CMO MarketHive.com

By Bitcoin.com -April 28, 2017

TP

There’s a Big Difference Between Electronic Fiat and Cryptocurrency

There’s a Big Difference Between Electronic Fiat and Cryptocurrency

With all different types of digital money these days and accounts represented electronically, people often wonder what’s the difference between traditional electronic currency issued by banks and permissionless cryptocurrencies like Bitcoin.

The Big Push for a Cashless Society

Over the past few years, there’s been a lot of discussion concerning the world’s progression towards a cashless society. Furthermore, bureaucrats and government authorities worldwide have also bolstered the idea further by individual notes of tender from circulation by demonetizing cash reserves. Before the seventies, cash was a dominant form of money, but since then most people now transact with an electronic representation of their local currency in their day to day lives.

For instance, only 8 percent of the world’s money is represented by physical notes, and everything else is a form of digital fiat. Countries everywhere around the world have slowly been progressing towards a cashless society. In the U.S. the practice of electronic deposits into bank accounts became popular in 1975, and a decade later people were using these balances with debit cards.

Now throughout a few particular countries, large denominated notes like the $100, $500, and $1,000 bills are becoming rarer as governments are removing them from circulation. One country, in particular, India is suffering from a cash crisis as leaders started a demonization process last year. The use of cash within India is becoming less visible as Indian authorities are pushing hard for a cashless society by replacing it with digital fiat.

The Glaring Differences Between Electronic Fiat and Cryptocurrencies

 

There are significant differences between the traditional digital currency in your bank account and cryptocurrencies like Bitcoin. One of the biggest contrasts between the two is bitcoin’s deflationary attributes which is backed by the currency’s 21 million capped supply. Many economists believe this is a great benefit as the public knows that there are only so many bitcoins, which causes people to save, and purchasing power usually increases.

With traditional digital fiat reserves, there is no telling how much money is circulating, and no one knows if the central banks are printing money on a whim. Economists who are against this type of monetary practice, such as those from the Austrian school, believe the world’s citizens are experiencing a silent robbery called inflation due to central planners printing vast amounts of fiat reserves. Sometimes central bank’s like the Federal Reserve tell the public they are creating more money with concepts like quantitative easing and the recent bank bailouts.    

Another reason the world’s traditional fiat currencies are no good is because the electronic form is also used to monitor the public’s wealth. Cash is harder to track, and governments can keep a keen eye on funds moving around their electronic databases. Furthermore, other government agencies such as the UK’s GCHQ, the NSA, the FBI, and the CIA have been known to being spying on citizens and the world bank’s monetary movements.

With this power, central authorities can censor people’s privileges to move money in any way they see fit. There are clear examples of banks, credit card companies, and Paypal freezing peoples funds or halting operations because of reasons they don’t particularly agree with.

Censorship Resistance and Unstoppable Tax Protests

With bitcoin, people can move their wealth in a permissionless way using their individual sovereignty. Bitcoin users can utilize the decentralized currency for operations that are typically frowned upon by third party forces. This includes online storefronts selling pornography, illicit drugs, and other black market activities. Cryptocurrencies can also be used to avoid taxation as it leaves the decision of reporting to tax officials up to the user.

The infamous whistleblower Edward Snowden has agreed with this sentiment explaining to his Twitter followers on November 13 stating;

Coincidentally, new technologies raise the possibility of unstoppable tax protests.   

Because the public is embracing bitcoin and blockchain-based permissionless currencies authorities worldwide are trying to co-opt the technology. Rather than be disrupted, central monetary planners believe adding the word “blockchain” to the incumbent databases used today will lure more people towards a cashless society. One that will still be monitored, controlled with censorship, and even “editable” for those trying to erase fraudulent behavior.

There is a big difference between the electronic money used by banks today and bitcoin, as the latter is far superior for those who embrace freedom.

What do you think about electronic fiat currency in comparison to cryptocurrencies like bitcoin? Let us know in the comments below. 

Chris Corey CMO MarketHive.com

By Jamie Redman -April 27, 2017

 

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Bitpay Gearing up to Test Extension Blocks

Bitpay Gearing up to Test Extension Blocks

Recently, the Bcoin team released the specifications and particulars for launching extension blocks for a blockchain protocol upgrade. They have now nearly completed implementing these extension blocks. Bitpay’s CEO Stephen Pair responded with an article on April 24 saying that Bitpay would be willing to test these “secondary blocks” on a testnet.  

Also read: Bcoin Developers Plan to Test Scaling Concept ‘Extension Blocks’

Bitpay Gearing up to Test Extension Blocks

Pair said, “The bcoin team has released specifications and working code for the developer community to critique. At Bitpay, we think this idea of extension blocks holds a lot of promise, and we intend to participate in its technical evaluation”.

This news of testing extension blocks comes at a time of great divide within the Bitcoin community over whether Segwit should be activated. Pair suggests that extension blocks could solve the problem because these “secondary blocks” act as a non-contentious hardfork. In a previous article, Pair said that the communities need to avoid initiating a contentious hardfork at all costs. He said:

“One very important challenge we must resolve is how to successfully upgrade Bitcoin in a safe, deliberate and non-contentious manner. And we must be able to upgrade Bitcoin because no organism can live in its own waste products.”

How Secondary Blocks are Non-Contentious; Pair’s Three Step Formulation

This “secondary block” or “extension block” upgrade is non-contentious and will disallow Bitcoin to wallow in its own excrement, because of the manner in which it solves the problem of filled block sizes. In Pair’s previous article, he outlines a three step outline on how extension blocks could be implemented. He said the nodes will acknowledge new rules for these secondary blocks, and thus they will start accepting data.

“In this step, nodes begin upgrading to support the new rules. Nodes will validate and relay valid data that can be included in the secondary block (imagine some new form of transaction, but it could really be any kind of data). These nodes will not relay data considered invalid according to the new rules.”

In phase two, Pair suggests that a second soft fork is performed. However, he mentions instead of adding new rules to the protocol, old blocks will be “deprecated.” This means that transactions will no longer be allowed in the old block.

Finally, in phase three, the protocol will start to shed its old skin and stop rolling around in its own filth. Pair clarified this step, “After the soft fork that deprecates use of the original block has activated, all transactions and data will be in the new secondary block. At this point we can schedule a hard fork that simply drops the old block and adopts the secondary block as the primary block structure.”

Pair seems confident that the “secondary block” or “extension block” plan is the way to go for a non-contentious fork and upgrade of the bitcoin protocol. Of course, others disagree.

Do you think a “secondary block” upgrade is the solution to the scaling dilemma? Let us know in the comments below.


Images via Shutterstock and fintech.nl


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even look up the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

Chris Corey CMO MarketHive.com

By Sterlin Lujan

April 25, 2017

TP

Weekly Round-Up and Cryptocurrency Markets Update

Weekly Round-Up and Cryptocurrency Markets Update

No consensus was reached last week towards Bitcoin scaling, in fact, the battle is getting protracted with each camp holding an entrenched status. Quite interestingly, Bitcoin price breached the $1200 line in midst of all the hostility and even went beyond $1300, however it has since reverted to the $1200s.

In a related development, Rhett Creighton, a Blockchain engineer and hacker who was with the Bitcoin Unlimited camp although left a couple of weeks ago has predicted neither Segwit nor Bitcoin Unlimited can activate. Creighton believes since Segwit needs 95 percent signalling to activate, which is impossible, whilst there is no way BU can obtain the super majority hash rate power to launch an attack on a minority chain to take over Bitcoin.  In his opinion a split is imminent.

In an unexpected move, the National Bank of Cambodia has indicated it is working towards a blockchain payment system for its citizens in conjunction with the Japanese startup Soramitsu. The startup is in fact, a subsidiary of Linux Foundation’s open-source Hyperledger project.

The most heartwarming news for the week was the revelation by billionaire hedge fund investor Mike Novogratz, that 10 percent of his net worth is in Bitcoin and Ether. The Billionaire was quoted by CNN as saying investing in the digital space was the best investment of his life.

In other exciting news, Litecoin gave hope to the ecosystem when it reached a unanimous decision to activate Segwit soft fork. Charlie Lee wrote on Twitter that this has taken too long for his liking.

With a twitter announcement made on Tuesday, the Cryptocurrency Exchange, Poloniex gave an indication it is delisting 17 altcoins. Cryptos that were axed include Boolberry and Voxels among a dozen others.

Valery Vavilov, CEO of BitFury stated at the  Russian Internet Forum in Moscow on Wednesday that more 100,000 properties in Georgia has been registered on the Blockchain. It will be recalled that in February, the government of Georgia signed an agreement with Bitfury to register properties on the Blockchain.

Markets Updates (As Of Sunday)

The third week of April saw some reshuffle on the top 10 of CoinMarketCap. As indicated earlier, Bitcoin has been able to withstand all the infighting and it is rising to the respect of analyst and community members. It closed the week at 22:00 GMT with a price of $1216.78. The market leader actually lost 0.44 percentage point.

Rising 2.16 percent at 2nd place, Ether was sold for $49.71. It was an improvement of last week’s $48.49 price score. Let’s see how it turns out for the king of Smart Contracts this week. 

At the third place, Ripple went down by 0.79 percent selling at $0.031222. It was a departure from last week gains.

Meanwhile, Litecoin seems to be cashing in on its prudent decision to come to a compromise to activate Segregated Witness avoiding the needless antagonism that has saddled Bitcoin. At the end of the week, it was sold for $13.49 compared to last week’s $10.71. It also ended the epic battle that has been raging on with Dash by taking over number four from Dash.

Selling at $69.19 with a downward trend of 2.79 percent, Dash didn’t have a good week like the previous one. Its $75.23 price then has declined abysmally.

Occupying number six with style, Ethereum Classic had a wonderful week dislodging Monero and closing with a whopping 14.78 percent upward score. The $3.68 market price was an improve to write home about.

Monero after losing number six made a slight gain of 0.09 percent to be the 7th most valuable Cryptocurrency. The Exchanges listed its price at $19.98.

Number eight is being held by NEM which plummeted 0.14 with a $0.030872 price. It is a great improvement from last week, as it has doubled its price.

At the last but one on the top 10 is Augur. It managed a scanty gain of 0.93 and a price of  $11.79.

Maidsafe was safe after bouncing back from number 11 to displace newcomer PIVX. Last week PIVX took the spot from the Scotish giant but it couldn’t stand the heat of the top. The market price was $0.232537 and it appreciated by 2.84 percent.

Gainers and Losers

Below top 10 to 20, Decred made a strong statement with a 20.32 upward adjustment. It is at number 11 and appears to be eyeing top 10 glory.

Waves deserves a mentioning since it also went up by 18.56 percent at number 17. PIVX went down 19.41 percent to be the biggest loser. Looks like its migration to a new wallet is upsetting its growth. Until next week, always read CCN for all your Fintech news.

Featured image from Shutterstock.

 

Chris Corey CMO Markethive Inc

Frisco d'Anconia on 24/04/2017

 

 

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