NYNJACoin will be integrated into an international communications app

A cross-platform app will combine traditional messaging with business management and e-commerce capabilities
13 February 2018   270

On February 12, communications and mobile technology company NYNJA announced that a special app is under developement. Apart from being a social app, it will also be powered by NYNJA’s own cryptocurrency NYNJACoin. Thus, the app will allow buying, selling and trading assets and goods without the need for any third party service providers or internal platform fees.

NYNJA is the first app of its kind to harness the full potential of its user base, empowering them with a cross-platform multimedia messaging app and a built-in global marketplace backed by secure blockchain protocols.

 

Salvatore Guerrieri

Co-founder and CEO

The integration of NYNJACoin creates a unified platform for all the users of this ERC20 standardized cryptocurrency for fast international payment transfers. The platform is said to be open-source and scalable for third party developers to join the community and enrich the user experience.

The app is under developement since Q1 of 2017. The current status is ‘beta’. Public token sale of NYNJACoin is set on April 17, 2018.

NYNJA is in a class of its own as the only all-encompassing, highly customizable communications app with a blockchain-based marketplace and financial ecosystem.

 

Alejandro Gramont

Co-founder and president

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   49

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