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Showing posts with the label crypto-community

Weekly Overview: Crypto News

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05-January- 2020 Ethereum Block Time Reduced By 25% Source : Unsplash.com The average block time on the Ethereum blockchain reduced by almost a quarter after the mining difficulty was eliminated. Data stated on Ethereum block explorer Etherscan demonstrates that from Jan. 1 to Jan. 4, the daily average block time on the blockchain reduced from 17.16 seconds to 12.96. This translates to a 24.48% shorter block time. 06-January- 2020 Bill To Study The Benefits Of Implementing Blockchain In The Election System Source : Unsplash.com The United States Virginia State’s legislature is looking into studying Blockchain to improve the election and voting systems . The bill to look into the study of blockchain was prefiled on the 27th of December, 2019 and was up for offering on the 8th of January, 2020, the House of Delegates and the Senate concurred that the Department of Elections is requested to study the use of blockchain technology to protect ...

XcelToken Plus The Future of Cryptocurrencies

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With a size of USD 8.27 trillion global economy, the travel industry is one that see a steady upward growth adding to an already existing revenue of about USD 1.34 trillion. Like any other industry, this too has its own shortcomings, with fluctuating currency values, the everchanging policies of various countries, travel for pleasure and for business can be affected. One point of concern for every traveller is exchange of currencies and the hassle that comes along with it. It is true that one can use digital wallets and credit cards, but these payments may incur the traveller an additional cost that can be avoided with the use of cryptocurrencies. Cryptocurrencies are becoming a favourable medium of exchange, during travels as they do not adhere to global norms that traditional currencies are subjected to, making transactions cheaper and expensive destinations far more reachable to a larger audience. The future of cryptocurrencies is essentially in the regularization of the use...

XcelToken Plus the Future of Digital Currencies.

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Our history book provides us with very little knowledge about how our economy came to be. This post aims to give an overview of how the currencies that we know of today, have evolved and go in detail on digital currencies - the present talk of the town. After a long period of time, historians, say that societies discovered that they found it safer and easier to exchange goods with goods- the barter system, instead of going into war with each other, frequently traded, between individuals or societies, for other goods were domestic animals like cattle and goats. With the development of farming in the 8 th millennium grains were added to the list of exchangeable goods. It is, only after the trade around the extraction of rich metals that the commodity currencies came to be used, the kingdom of Lidia on the western cost of Turkey is said to have crafted coins that were a mixture of gold and silver- “Electrum”. They were standard in weight; ranging from 0.15 grams to about 14 gr...

Fiat to Crypto Trading

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If you have some money that you want to invest. The portals which connect our world to the crypto-worlds are called “exchanges.” There are a lot of exchanges out there, however, before you choose to capitalize in one, there are few things you need to look out for. Follow this crypto trading platform:   Validity:  Beforehand you even do everything, first make sure that the exchange is available in your area. Eg. CoinGeo, one of the exchanges, is not available in India and Indonesia. So beforehand you do anything please check this. Reputation:  Next thing that you need to check is the reputation of the exchange. Are people happy with their services? Has it been hacked recently? How secure is it? Have people complained about it? Twitter and Reddit are good sources for checking this. Exchange Rates:  Up next we have the exchange prices. Different exchanges have their own exchange prices, that may vary. Do your research on 3 or 4 exchanges and th...

Pros of Investing in cryptocurrencies

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Whether you have an important amount of investment or a little bit of extra cash, cryptocurrency is an investment value looking into. Here are a few of the pros of investing in cryptocurrencies ICO:   Pro No. 1: Massive potential for returns. One of the data that makes everyone deliberate investing in cryptocurrency is that $1,000 invested in Bitcoin in 2013 would be worth over $400,000 today. Current ICOs have created an amount of enormous returns in a short amount of time. Pro No. 2: Shorter time horizon. Since cryptocurrencies are network-based and Datum has previously received a upsurge of support, stakeholders know it is prospectively that they can begin cashing out their assets comparatively quickly. Pro No. 3: Increased liquidity. If a cryptocurrency ICO is able to construct a solid adequate network, such as the 56,000-member Datum network, investors instantly have much more liquidity and can trade their cryptocurrency for...

XcelTokens now on MERCATOX!

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XcelToken is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors.   With more than 100,000 token holders, XcelToken is now getting an upgrade. XcelLab is proud to announce that XcelToken will now be available for trading on MERCATOX from the 15 th of May, 2019 . To know more about MERCATOX , keep reading on. MERCATOX MERCATOX is a unique creation in the world of digital money, based on multi-lingual platform, that combines automated trading, payment service, Peer-to-Peer sharing based on “smart contracts” and many other features. They plan to provide not only services with different abilities, they also want to create a new financial market in the digital world. They connect all the n-number of electronic money systems on one single platform. XcelToken is adopted into usage on XcelTrip - an online travel booking platform where you can check-...

Announcement!

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Here is some exciting news for our XcelToken community! XcelToken is an ERC20 token on the EthereumBlockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors. XcelLab is proud to announce that XcelToken will now be available for trading on eight different platforms from the 15 th of May, 2019 . In addition to this exciting news. Our team at XcelLab is working tirelessly, to upgrade and enhance XcelToken, to ensure ease of trading and multiple enterprise adoptions. XcelToken will now be available for exchange on eight exchanges an advanced digitalcurrency trading platform on the 15 th of May, 2019 and is already adopted for usage on XcelTrip - Our online travel booking platform that allows you to check-in at over 800,000 hotels and book tickets with over 400 airlines and XcelPay - a merchant POS and Digital Wallet that allows you to make transactions with major cryptos. Now with XcelP...