PIVX is releasing the next installment of its zPIV protocol

With the deactivation of the original version of the zPIV protocol, a new zPIV v2 protocol along with a fresh zPoS algorithm are to be rolled out on April 7
02 April 2018   384

PIVX Zerocoin has announced the launch of its enhanced zPIV protocol on April 7. The original protocol zPIV v1 was deactivated for the preparatory procedure. The users were advised to convert their zPIV v1 into PIV and mint to zPIV v2 after the release. The new version introduces a fresh Proof-of-Stake algorithm. Plainly speaking, the algorithm will allows the users earn staking rewards and remain anonymous at the same time.

Earlier, if the user stakes a cryptocurrency, his balance will be visible to the public. Potentially, using block explorer one can discover the address that is staking coins, the balance and the source address. The new algorithm users who are staking zPIV can stay anonymous and nobody will be able to see how many coins an address is taking. The staking rewards can be further used for staking or spent privately without exposing the sender's address.

The reward distribution has also been reworked: now zPIV stakers will be rewarded with a 50% higher share of the block reward.

As of the moment of the publication, the market indicators for PIVX are as follows:

Average price: $3.88

Market cap: $216,903,895

Volume (24H): $3,090,740

SoftBank & Baidu to Invest in Atlas Protocol

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance
21 August 2018   130

The Atlas Protocol marketing module (ATP) has completed a round of attracting initial funding, led by SoftBank China Venture Capital (SBCVC), having collected several million dollars during it.

In a multimillion-dollar round, the exact amount of which was not disclosed, Baidu Ventures (BV), Danhua Capital and Fenbushi Digital also took part.

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance (xGBA). The "first developer" of Google Adwords, Jeremy Zhao and Columbia University Professor Ronggui Gu will serve as project advisors on technical issues.

Atlas Protocol plans to create a blockchain ecosystem and "to form a new paradigm of interactive marketing." According to the press release, ATP allows you to rank "calculated values ​​on the block and transfer value using tokens" using the ATP Smartdrop service application.

xGoogler Blockchain Alliance was formed in April this year as a community of former Google employees interested in blockchain technology. Its founders were the developers of projects Nebulas, Loopring and Gifto.