Ripple price reacts: Santander Bank publishes application on Ripple’s Blockchain

European financial giant The Santander Group has launched a cross-border payment application based on Blockchain technology developed by Ripple.

Ripple cooperates with Santander on the new Foreign Exchange App reviewed by onlinebetrug

The Financial Times reported Thursday that the Spanish banking group, in partnership with Ripple, has developed an app called One Pay FX, which has been launched in four countries – Spain, the UK, Brazil and Poland. Read more about it here: https://www.onlinebetrug.net/en/

The app is a product of the ongoing partnership between Ripple and Santander Bank, which already invested in Ripple in 2015. The One Pay FX app is based on Ripple’s Distributed Ledger technology and was launched after two years of development. With this product, Santander will be one of the first banks to offer blockchain-based foreign exchange payments to its onlinebetrug customers.

The app was first tested in 2016 by Santander Bank staff in the UK and is based on Ripple’s xCurrent platform. It is a distributed network created to facilitate cross-border transactions. However, neither X-current nor the One Pay FX app uses the crypto currency XRP.

The Santander Group expects to extend the service to other countries in the near future and is considering making the service available to other financial institutions. Transactions from the four countries covered by the app account for almost half of Santander’s users, according to the original Financial Times report. The announcement comes just days after Ripple invested $25 million in a fund to develop blockchain technologies.

Bitcoin code reacts violently

The Ripple share price benefited from Santander Bank’s news, allowing the Bitcoin code price to rise by more than 20 per cent. The percentage increase was a few percentage points higher than the review of the Bitcoin code and Ethereum.

Current Ripple Price

XRP – Token no security
The debate about whether XRP should be considered a security or not continues after the president of Coinbase made the implication in a recent interview.

Asiff Hirji told CNBC’s Fast Money panel that Coinbase currently lists all crypto currencies for which there is clear regulatory certainty – XRP is not one of them.

The question of what is considered security in the crypto currency market is still unclear, as the SEC postpones an official distinction.


Ardor Coin – Who is behind the crypto currency?

It is developed by Jelurida BV, a company dedicated to the development of blockchain technologies. Jelurida patented NxT, on which the Ard/or crypto currency is based, and is financed through the sale of NxT’s licenses as well as through consulting on the implementation of crypto currencies.

The members currently actively involved in the development are Lior Yaffe, Jean Luc, Ronald Hoffman, Tomislav Gountchev and Petko Petkov. Petko Petkov is one of the founders. He started his career as a Java developer for mobile devices. Later he wrote C++ and Java programs for Android. In 2013 he found his way to the cryptoscene. The other founder is Lior Yaffe. He has been programming on his own PC since he was 13 years old. After graduating in computer science, he worked and supported various start-ups and companies with his software development skills.

Bitcoin revolution advantages and disadvantages

The basically infinite scalability and the application possibilities of the sidechains and coins give reason to hope for a positive Ar/dor coin prognosis as shown on https://www.onlinebetrug.net/en/bitcoin-revolution/. The NxT technology has future potential and could do a lot better than many other blockchains. However, the competition is not far away, there are other crypto currencies that want to make it possible to create own blockchains and coins similar to Ard/or. However, it doesn’t have to come down to just one crypto currency and the different blockchains could coexist.

But maybe there is no big incentive for most people to buy the Ad/or coin. The coin doesn’t inflate, you can’t mine it normally and gain a passive income from it. It fulfils a few functions within the network. Its value will depend entirely on the success of the Ar/dor platform. However, the Ard/or rate shows that the ARDR crypto currency can gain in value and an investment may be worthwhile.

Ardor Coin Course – Development of the Bitcoin trader

The crypto currency entered the stock markets with 3 cents, which was in July 2016. That was in July 2016. By the end of the year, the ARDR coin had fallen to 1 cent, sometimes a little above or below it. That lasted for several months. In March 2017, the price rose slightly to 2 cents per coin. In April the coin was quoted at 4 cents, in May at a maximum of 14 cents. Thereafter, the Ard/or coin price fell briefly and then traded at 21 cents per coin in June.

In July 2017, the Ardor Coin price fell again and then stabilised at around 10 cents. Here it held for a while, but at the end of September the price gained again in value and entered October with 14 cents. In the autumn month, the value of the Ard/or crypto currency averaged 18 cents, and finally 25 cents in November.

In December 2017 a rally to the ARDR Coin took place, but so many other crypto currencies were sold this month. Within a few days the price rose to 80 cents and reached over 1 euro before Christmas. At the end of the year the coin was quoted at about 1.40 Euro. In January 2018 the price could reach values of 1,60 euro and sank afterwards somewhat. However, the Coin seems to hold at about 1.30 in February.

To the forecast: The price is extremely volatile, buying Ad/or Coin could be worthwhile overall. Mostly the Ad/or coin price followed common developments in the market, which will not prevent the coin from increasing in value in the future. The ARDR coin may just as well be trading lower again.


Crypto currency – the rise of virtual money

Crypto currencies are becoming more and more popular. More and more people are hearing about Bitcoin, a crypto currency with which they can already buy real goods in some shops. Japan has only recently recognized Bitcoin as an official means of payment. But what are crypto currencies anyway and could they one day replace currencies like dollars or euros?

Wikipedia says the following about crypto currency and bitcoin profit

Crypto currencies are money or fiat money in the form of digital means of payment. They use the principles of cryptography to implement a distributed, decentralised and secure digital payment system. In contrast to central bank money, they are still sourced exclusively by private individuals. However, their qualification as currency is sometimes controversial.[1] The term crypto money is also used in German-language media like this.

A crypto currency is a digital currency created and managed by the use of advanced encryption techniques known as cryptography. The crypto currency made the leap from an academic concept to (virtual) reality with the creation of Bitcoin in 2009. While Bitcoin attracted growing successors in subsequent years, it attracted significant investor and media attention in April 2013, when it reached a record $266. Its value has grown 10-fold in just two months. Bitcoin brought a market value of over $2 billion at its peak in 2013. Meanwhile, a Bitcoin is worth over €1000 and has a market capitalization of over $20 billion.

Will these alternative currencies eventually replace conventional currencies and will they eventually become regular means of payment such as dollars and euros?

Bitcoin – the current standard and ethereum code

Bitcoin – decentralized crypto currency
Bitcoin is a decentralized currency that uses peer-to-peer technology that enables all functions such as currency issuance, transaction processing and verification https://www.onlinebetrug.net/en/ethereum-code/ to be performed jointly from the network. This decentralization frees Bitcoin from government manipulation or interference, and there is no central authority that can withhold the value of a Bitcoin. Bitcoins are digitally created by a “mining process” that requires powerful computers to solve complex algorithms. They are currently created at a rate of 25 bitcoins per 10 minutes and are limited to 21 million pieces, a level expected to be reached in 2140.

Advantages of crypto currencies

Crypto currencies have some advantages over conventional currencies:

Protection against fraud: Crypto currencies are digital and cannot be forged or withdrawn by the sender, as with credit card returns.
Identity theft protection: When you give your credit card to a merchant, you give them access to your full credit line, even if the transaction is for a small amount. Credit cards work on a “pull” basis where the store initiates the payment and pulls the amount paid out of your account. Crypto currencies use a “push” mechanism that allows the crypto currency holder to send exactly what He or She wants the merchant or recipient to send without further information.
Immediate settlement: The purchase of real estate usually involves a number of third parties (lawyers, notary), delays and payment of fees. In many ways, the technology behind crypto currencies is the blockchain like a “large property database”. In the example of Ethereum, whose crypto currency is ether, smart contracts can be designed and enforced to eliminate or add third-party approvals, refer to external facts, or, at a future date or time limit, complete an effort that may be required to perform traditional asset transfers.
Access for all: There are about 2.2 billion people with access to the Internet or mobile phones who do not currently have access to traditional exchange systems. These people are well prepared for the crypto currency market. Kenya’s M-PESA system, a mobile phone-based money transfer and microfinance service, recently announced a Bitcoin device, with one in three Kenyans now owning a Bitcoin wallet.
Lower charges: There are no fixed charges in the crypto world when you buy a crypto currency or Transa


BitcoinDark Coin – Who is behind the crypto currency?

The majority of the team behind the development of BitcoinDark is unknown and follows the philosophy of crypto currencies, which attach great importance to “crypto”. One developer is known under the pseudonym Jl777, he also likes to sign his posts with “James”. He is an anonymous software developer who had already made a name for himself in the cryptoscene in the past. Previously, Jl777 worked on the Nxt Multigateway, a crypto exchange, and the Nxt Asset Exchange. The BitcoinDark fork was conducted in July 2014, making the crypto currency one of the oldest coins.

Advantages and disadvantages

BTCD, the abbreviation of BitcoinDark, offers a real benefit for real life. The big banks would certainly be reluctant to see it if they lost their quasi monopoly. But the blockchain is built in such a way that it cannot be abolished by any central authority. Managing the finances yourself is a concern that is very popular in the crypto scene.

What is striking about BitcoinDark is the very long development time. Already in 2014 the coin separated from Bitcoin by means of a hard fork. Bitcoin Dark is nevertheless not as well known as other hard forks, such as Bitcoin Cash or Classic, and is traded comparatively low. In the almost four years of its existence, no significant community has been able to build up to drive the project forward and promote the coin. In addition, Jl777 had problems getting access to funds. Therefore it comes probably to the renaming and to the ICO.

BitcoinDark and Komodo

The days of the BTCD Coin are already numbered. Jl777 tries a new start with the Komodo Coin and its platform. The platform will completely replace BitcoinDark and introduce new technologies. The Komodo platform will be more secure and offer two separate mining methods, Proof-of-Stake and delayed Proof-of-Work. During the ICO for Komodo, existing BitcoinDark coins could be exchanged for the new coin.

BitcoinDark Coin Price Development – Forecast

BitcoinDark Coin Course
Most of the time it was quiet around the BitcoinDark rate. In 2014 the price fluctuated around 1 to 2 €. In 2015 it fell slightly below 1 €, but at times it also managed to surpass it. In the year 2016 it did not look mostly differently, only in the last third of the year the price rose to over 2 to 3 € per coin.
This upward trend continued in 2017, with the crypto currency reaching over €7 by April. In June, the coin reached its highest result for the time being at € 88. The next highlight was September. After a short decline of the price in the summer months, the BitcoinDark price reached up to 120 € here. Thereafter, the rate fell to € 70, by November, when the September values could be reached again.
December 2017 and January 2018 should be the best months for BTCD so far. At the turn of the year, the BitcoinDark exchange rate shot to over €300. In the course of January, the rally lay on the coin and it was only quoted at over 100 €. The crypto currency fell below this value in the following months.
The BitcoinDark forecast: In view of the new Komodo coin and platform, the BitcoinDark crypto currency held up surprisingly in the months leading up to the turn of the year. Or it does not surprise and one wanted to buy only BitcoinDark Coin, in order to exchange it. How the future of the BTCD will be seems rather uncertain. It is unlikely that the project will be continued and not fully integrated into the Komodo platform. Our Bitcoin calculator will always tell you the current exchange rate from Bitcoin to Euro.

Create Wallet

The developers recommend to use the BitcoinDark-QT Wallet. This should be easy to install and synchronize with the blockchain.

Where can I buy the BitcoinDark Coin?

If you want to buy the BitcoinDark coin, then the crypto exchanges Poloniex, Cryptopia, Bleutrade, Trade Satoshi and Novaexchange are recommended.

Conclusion

BitcoinDark is a crypto currency with an uncertain future. However, it seems that its advantages and ambitions will merge into a new crypto currency.

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