Tierion announced the start of a new node registration

Chainpoint node registration for Tierion will become online on April 5 with the process simplified and reward changes
29 March 2018   1150

Tierion is preparing for a major network update - node registration is to commence on April 5 at 10AM PST. As of the specifics, 500 additional nodes will be eligible to take part in the process with rewards staying at 1,500 TNT per reward period. The registration process also makes it mandatory to upgrade nodes prior to registering: the nodes should be of the version 1.3.7 to be able to get rewards.

Among the upcoming new features, the Chainpoint Node reward distribution will cease to be random and a reward queue is to be added. Network reliability thus will be increased and the reward distribution should get more homogeneous. The mechanics will be as follows:

  • Nodes that continually pass audits will advance in the queue.
  • Nodes that receive rewards will fall to the bottom of the queue.
  • Nodes that fail audits will fall back in the queue.

In March a test program was conducted in order to prepare for the releasing of network's new capabilities. As for the results of the program itself, tens on millions of Chainpoint proofs have been generated. Tierion team also release Chainpoint API so that anybody can create a Chainpoint proof.

At the moment of the publication, Tierion market parameters are as follows:

Average price: $0.085482

Market cap: $36,627,436

Volume (24H): $7,416,600

Reddit Founder to Share Thoughts on Crypto Winter

Alexis Ohanian believes that overall market fall allows to clean industry from speculators and its good for long-time health
22 February 2019   110

The prolonged fall in the cryptocurrency market allows the industry to get rid of speculators, freeing up space for real cryptocurrency enthusiasts. This was announced by the founder of the Reddit social network, Alexis Ohanian, in an interview with Yahoo Finance.

He noted that such mass cleaning is beneficial to the industry’s long-term health.

Now, it's still to be seen. But what's a strong signal to me is still some of the smartest people I know in tech are working on solving these problems. They're building companies that are built on blockchain. The hype is gone. The fervor is gone. But I think that's a good thing.
 

Alex Ohanian

Founder, Reddit

In February, Reddit attracted $ 300 million investment and reached an estimate of $ 3 billion. The Chinese holding Tencent ($ 150 million), investment firms Sequoia and Fidelity, as well as the musician Snoop Dogg, took part in the round of financing.

Earlier, the head of Pantera Capital, Dan Morehead, said that market participants should not worry about cryptosis, as the current situation opens up good prospects for the future development of the bitcoin and blockchain industry.

A similar point of view was expressed by the founder of Morgan Creek, Anthony Pompiano, in November 2018, stating that the bear market is throwing "tourists" out of the game.