Bitcore Video Contest Deadline Announced

Bitcore project is holding its second public contest for the creative Bitcore community with deadline on February 16
16 February 2018   388

Bitcore aims to be the number one solution for direct payments, and has one of the lowest transaction fees on the market while providing possibly the best on-chain scaling solution in the  entire crypto-sphere. 

Bitcore project is holding its second public contest for the creative Bitcore community with deadline on February 16. The participants should shoot a video, focusing on promoting Bitcore BTX to crypto-newbies, including an explanation why Bitcore matters and why it might be interesting for new investors and crypto enthusiasts.

Bitcore Video ContestBitcore Video Contest

Format: Video needs minimum full HD (1920x1080p) with a minimum of 30 fps, and should be between 1:15 and 3:30 minutes long. The language used in the video should be spoken English.

Rewards:

  • 1st prize: 50 BTX
  • 2nd prize: 25 BTX
  • 3rd prize: 12.5 BTX
  • 4th prize: 7.5 BTX
  • 5th prize: 5 BTX

At the moment of press, these are main market parameters of Bitcore:

Average price: $24,77
Market cap: $281 227 297
24h volume: $1 563 210

Electroneum to update its blockchain

Electroneum announced that new code will be released on May 30 as its blockchain reaches Block 307500
26 April 2018   50

Electroneum announced its fork is scheduled to take place at block 307500 on May 30. The fork is special as it will not result in two currencies: this is achieved by allowing all the exchanges and pools to update their software in advance. The update covers the following aspects

  • anti-ASIC code:

the implementation of such code will ensure security against any network attack

  • increase of transfer fee:

to ensure Electroneum blockchain withstands blockchain flooding, base fee will be increased to 0.1 ETN

  • block size increase before penalty:

the increase will allow miners to scale the blocks faster and get more transactions into a block

  • disabling of RingCT and Mixin:

disabling some privacy features with letting wallets remain private will get a less wait to fit a transaction into a block and a leaner blockchain size

  • 3 days mempool life:

it will ensure a reduction of the possibility of the returned transactions

Readers will be able to find the rest of the remaining details of the update here. As for the market indicators for Electroneum, here is what they look like at the moment of publication:

  • Average price   $0.024453
  • Market cap         $166,770,279
  • Volume (24H)    $1,234,100