Bithub - cryptocurrency articles, interviews, opinions, columns and analyzes

[Bithub]

Bithub.pl is polish website dedicated to Cryptocurrency and Blockchain technology. We are leader on polish market, taking 1st places on google search. We have above 100 000 unique users/month and this number increases 25-35% every month. We publish news but our main strength are author's articles, interviews, opinions, columns and analyzes. We publish our own monthly cryptocurrency ranks. Ranks and interviews are also in English. You can find them there: https://bithub.pl/english/

The portal is constantly developing, every 2-3 months we hire people to make new content. We are media patronate on the majority crypto events taking place in Poland and take care of polish community is our goal.

If you organize events, we can help you promote them.

We can sell advertising space on our website.

If you run an interesting project, we can make an interview with you and promote it.

We are also interesting in cooperation with other English-speaking crypto websites to share and exchange articles and links.

Last interviews:
Lisko: Supporting the disruption
We’re building a market in Africa from scratch
Blockchains will create a better world
In 2017 blockchain has gone beyond fintech
Rent without middleman. And with crypto

Cryptocurrency ranks:
Top Cryptocurrencies of 2017
December 2017
November 2017
October 2017

 

[Bithub]

January began as in previous years – with the declines. This month was definitely a bear market, and many people were confused about the future of Bitcoin and other cryptocurrencies. In January, the euphoria associated with constant increases began to turn into anxiety, doubts, and even fear. So how was the situation on the market in January?

In the link below, You can find summary of gain and loss of every coin. There are also comments of some experts and summary and recall of the most important events in January.

Top Cryptocurrencies in January 2018

 

[Bithub]

Part of what makes this space sometimes difficult to navigate is that you can find anything from sound technology to complete technobabble, from rational thinking to crazy visions of global blockchainization, from good engineering to baseless marketing, and people often have a hard time separating one from the other – says Pierre-Marie Padiou, CEO at ACINQ, in Bithub.pl’s #SundayInterview.

Bitcoin is number one cryptocurrency for its market cap and recognizability but it has some weak points when it comes to practical issues, for example proccessing transactions.

Pierre-Marie Padiou:It is important to note that the weak points that everyone has in mind — mainly low transaction throughput, high fees, slow confirmation time — are characteristics of that kind of broadcast-based, decentralized system. Any blockchain with a similar success as Bitcoin would face similar challenges, for example transaction fees on Ethereum have steadily risen during the past year.

I think it is important to acknowledge the fact that there is no free lunch, and that decentralization comes at a high cost. Trying to reduce these limitations by e.g. reducing block time or increasing block size comes at the expense of security, which is the key attribute which makes an otherwise horribly inefficient system like Bitcoin, valuable in the first place.

Fortunately, it appears that once you have a robust base layer, you can build on top of it. That’s what the Lightning Network is about.

Full interview on: Bitcoin can’t be displaced

 

[Bithub]

The ICONOMI Digital Asset Management Platform makes participating in the crypto-economy easy. Instead of designing a portfolio and buying into individual coins, users are able to choose between a wide variety of Digital Asset Arrays – tailored selections of digital assets purchasable with just a few clicks, managed by experienced professionals – says Jani Valjavec, co-founder at ICONOMI, in Bithub.pl’s #SundayInterview.

Digital assets management platforms have been blooming in recent years. What makes ICONOMI unique, as you assert on your website?

Jani Valjavec: ICONOMI is one of the first projects in this space that has continually delivered on its promises. The idea behind ICONOMI is simple: to connect experienced asset management professionals with buyers (platform users), creating a unique sorted marketplace that allows anyone to enter the crypto-economy with a minimum of effort. Essentially, we are pioneers in building a bridge between the new and the old economy.

With twenty different DAAs on the platform run by a diverse group of DAA managers, our Digital Asset Management Platform also offers an array of diversification opportunities, making it easy for users to expose themselves to a variety of digital assets. We currently have well over 100,000 users depositing $1M a day.

Full interview on: https://bithub.pl/english/sundayinterview-fourth-generation-of-digital-assets/

 

[Bithub]

The qiibee ecosystem allows a customer to exchange one loyalty token for the other and vice versa, for example, a customer could earn loyalty tokens in a store and then exchange them for tokens in another store within the ecosystem. Another option is to exchange the loyalty token earned to another cryptocurrency or fiat currency, which brings additional flexibility and value to the qiibee ecosystem – says Gabriele Giancola, Co-founder and CEO at qiibee, in Bithub.pl’s #SundayInterview.

You aim to create a decentralized loyalty ecosystem. What’s bad about the centralized one?

Gabriele Giancola: The benefits of a decentralized blockchain loyalty program are far greater than traditional processes, bringing loyalty and rewards into the future. Centralization is not working as the current market is highly fragmented, according to the 2015 Colloquy Loyalty Consensus the average American household is registered to 29 loyalty programs, spread among the retail, financial services, travel and various other economic sectors, but are only active in 12 of them. Loyalty program owners at present struggle with operational inefficiencies as users tend to show less account activity and reward redemption due to the vast amount of loyalty programs they utilize. Data centralization increases the risk of system failure and potential data manipulation as sensitive customer data is owned by program owners and stored on one central database.

Full interview on: https://bithub.pl/english/sundayinterview-new-era-of-loyalty-programs/

 

[Bithub]

Records on the blockchain cannot be erased, so when used for donations, blockchain technology provides traceable accountability showing the exact use of the donations in the ecosystem. The tamper resistant system has a clear use in the nonprofit sector, as when someone makes a donation through the blockchain, they can track the donation from the initial deposit of the funds to their final destination – says Francesco Nazari Fusetti, CEO and Founder in CharityStars and AidCoin, in Bithub.pl’s #SundayInterview.

Is the charity sector suffering from flaws and imperfections that can be solved with blockchain technology? What are they?

Francesco Nazari Fusetti: Many countries around the world have seen trust in the charity sector decline as a result of the misuse and misappropriation of donor funds. This has led to increased scepticism and a reluctance to donate to charitable causes.

According to Essential Research, 35 percent of US citizens have little or no trust in charitable institutions. Similarly, in the UK, the Charity Commission for the UK and Wales commissioned research revealing that trust and confidence in charities is at its lowest level since the recording of sentiment began in 2005, declining from 67 percent to 57 percent. This is a result of a plethora of reasons which include poor fundraising practices, inappropriate data sharing, and the high-profile collapse of a number of charities, all providing significant culminating factors in the decline of trust in the charity sector. As a result of this prevailing trend across the globe, the sector can greatly benefit from the introduction of blockchain technology

By using blockchain technology to track donations, cryptocurrencies to transfer funds, and smart contracts to ensure donations are spent correctly, blockchain technology has the ability to transform the sector by providing increased transparency and traceability of donor funds.

Full interview on: https://bithub.pl/english/sundayinterview-charity-will-regain-credibility-thanks-blockchain/

 

[Bithub]

February was a month of uncertainty in the cryptocurrency market. This is confirmed by a small final capitalization change (though the fluctuations were bigger during the month), Bitcoin’s fall to around $ 6,000, nervous investor movements, fear of social media emerging, or poor performance of most cryptocurrencies.

In the link below, You can find summary of gain and loss of every coin. new coins have appeared compared to previous ranks. There are also comments of some experts and summary and recall of the most important events in February.

https://bithub.pl/english/top-cryptocurrencies-in-february-2018/

 

[Bithub]

The market is currently dominated by four major players. Due to their oligopolistic dominance they’re capable of hampering any competition. IAGON is able to compete with these companies by uniting multiple unused smart device resources into one grid and offering decentralized storage capacities and processing power over the blockchain/tangle grid with a competitive and lower pricing – says Dr Navjit Dhaliwal, CEO at IAGON, in Bithub.pl’s #SundayInterview.

How are AI and blockchain related?

Navjit Dhaliwal: In IAGON’s platform there are two aspects: 1) How blockchain can assist AI, and 2) How AI can assist blockchain and cloud services in general. IAGON’s technology unites “miners” who contribute their computing power (storage, CPU and GPU in computers, servers and data centers) to a central grid, where users can use it and pay them for their contribution, facilities, energy costs, etc. The result is a decentralized cloud that functions as a super-computer and benefits its participants. Nowadays, companies developing AI purchase processing power from centralized services (such as AWS) for high prices. Our aim is to develop this platform to support AI and Big Data operations and to reduce their costs, thus to help developing innovation in these fields.

https://bithub.pl/english/sundayinterview-global-computational-grid/

 

[Bithub]

Our blockchain based platform enables its community to store, save, spend, receive, borrow and get insured, with a simplified user experience in a legally compliant way. Ultimately, Cashaa aims to become a one-stop-shop for financial needs – says Janina Lowisz, Co-Founder & VP Marketing at Cashaa, in Bithub.pl’s #SundayInterview.

Is token sale a reliable way of funding a startup company?

Janina Lowisz: Although an increasing effort is needed and there can be numerous surprises and obstacles on the way, it is still possible get a good amount via a token sale only, e.g. Cashaa received 33 million USD in a token sale in 2017, out of which 14 million was rejected due to strict AML and KYC policy setup by us. The amount accepted will be enough to launch or next generation banking wallet and card and expand it worldwide, as intended

https://bithub.pl/english/sundayinterview-challenging-legacy-banking/

 

[Bithub]

We need a stable crypto to make this technology usable for everyone. Once we have that, there’ll be room for thousands of other specialized crypto-tokens, each with specific niches, markets, and so on – says Eiland Glover, co-founder and CEO at Kowala, in Bithub.pl’s #SundayInterview.

The speed and efficiency of the blockchain seems to be a growing issue, especially with regard to Bitcoin. Could you outline what the problem is about?

Eiland Glover: The root of the problem with Bitcoin is that the maximum number of transactions per block is 2,020, and, since only one block is produced every ten minutes, on average fewer than four transactions are created per second. This is ridiculously slow for a payment system — Visa can can handle thousands of credit card transactions per second. Even worse, during periods of high demand, many transaction senders offer extra-high transaction fees to get their transactions included in the next block. At such times, all other transaction senders are, in turn, forced to increase their fees in order to get their transactions processed. It’s not uncommon for a single transaction to be hit with the equivalent of a 10 USD fee. This obviously won’t appeal to someone who wants to complete a small transaction.

Full interview on: https://bithub.pl/english/sundayinterview-stable-cryptocurrency-will-boost-the-whole-market/

 

[Bithub]

Blockchain has the potential to revolutionize the job market by creating a sharing economy through the principles of democratization, decentralization, and transparency. This new economy is part of the digital evolution that will bring those that embrace micro-tasking and freelancing into a new market that is far more flexible, lucrative, and fulfilling – says Simon Yu, StormX CEO, in Bithub.pl’s #SundayInterview.

What are gamified micro-tasks and how do they work?

Simon Yu: Gamified micro-tasks are short, easy-to-complete, freelancing tasks that are curated for a specific user experience. The concept of gamification taps into user psychology and explains why certain games, apps, and even slot machines, are so appealing and addicting for people around the world. It’s why people are attracted to mobile games like Games of War, Candy Crush, and Words with Friends. What we see is that there’s a real opportunity to take similar mental models and concepts, and instead of rewarding the user with in-app points that don’t really have utility or value in the real world, we reward them with cryptocurrencies.

In addition, not everyone in the world has the same access to education or opportunities, making it difficult for people in developing countries to complete highly-skilled freelance tasks. With our platform, micro-tasks are transformed into a „wizard-like” experience – similar to the TurboTax wizard – making it easy for anyone, anywhere, and from any device, to complete the tasks successfully. Imagine a person doing simple machine learning tasks, like helping a computer program identify 100 oranges in photos every day. After a few weeks, we’d have very clear data about the person that would demonstrate their ability to consistently complete tasks, how accurate they were in identifying the oranges, and if their productivity increased over time.

Full interview on: https://bithub.pl/english/sundayinterview-microtasking-gamification-and-freelancing/

 

[Bithub]

March is behind us, but how much has happened this month – mainly in the Polish yard. The issue of the letters disseminated by the National Revenue Administration electrified the Polish community of cryptocurrencies and presented real problems to the owners of stock exchanges. The situation on the global market also has not been pampered – the prices of most crypts with Bitcoin are falling more and more. So how did cryptocurrencies cope in March?

https://bithub.pl/english/top-cryptocurrencies-in-march-2018/

 

[Bithub]

A decentralized prediction market allows for users to create their own events, which is available to other users to participate in. This gives more freedom to the users to focus on what they find interesting and allows for a wider selection of available prediction events – says Xiahong Lin, Founder of Bodhi, in Bithub.pl’s #SundayInterview.

In the olden days if you wanted to bet on a prediction you’d go to a bookie. Blockchain-based prediction market works differently. How exactly?

Xiahong Lin: Prediction markets have existed for a long time. Typically, they involve reverting to a central authority, whether that is a website or „bookie” to place your bet on available prediction events. Blockchain technology facilitates the trustless interaction between the prediction event creators and the participants in the event. Because the tokens are committed at the time of participation, they are essentially „escrowed” for the duration of the contract, which allows the event to happen via smart contracts on-chain. This is all possible in a decentralized way on the Bodhi prediction market platform.

Full interview on: https://bithub.pl/english/sundayinterview-betting-on-prediction-markets/

 

[Bithub]

Job.com has a bounty element to it, which consists of allowing candidates to generate revenue from their own network on the Job.com platform. If a candidate invites a friend/colleague and they register with Job.com, the candidate earns $10 worth of Jobtoken and if that invited user they goes on to get a job, the person who invited them earns a further $100 worth of Jobtoken – says Arran Stewart, co-founder at Job.com, in Bithub.pl’s #SundayInterview.

You’ve been on the recruitment market for 20 years. How has it changed during this time with more and more jobs going online?

Arran Stewart: The recruitment industry has enhanced over the last two decades drastically, and with the mass adoption of online recruitment technology, recruitment has become a far more efficient engine that has scaled globally. Whereas once before traditional print and classifieds were the only way to truly attract talent, as well as high street agency branches enticing passers by off the street, today everything is done, tracked and completed in real time online. It has been a catalyst to a global boom in the recruitment industry and has resulted in the total spend on these services to grow by almost $200 billion globally in the last 4 years.

Full interview on: https://bithub.pl/english/sundayinterview-create-your-own-recruitment-network/

 

[Zolin]

I want to add here that Bitcoin is still a young market. New users are reluctant to enter the market with full confidence due to the lack of maturity. But now people have the platforms where they can get adequate knowledge about the market and it has a good future ahead.

 

[Bitterom]

Thank you Bithub. I was looking for a website which had all the knowledge and information about Crypto-currency and Blockchain Technology. This seems like a very good website. I will look into the website and tell you all about it.

 

[Bithub]

"At Dash, we have always been focused on making cryptocurrencies accessible to everyone, no matter their technical background. The Evolution platform will help make that happen” – claim Ryan Taylor, CEO, and Robert Wiecko, COO and Head of Project Management at Dash Core Group, in Bithub.pl’s #SundayInterview.

One of the attractors of cryptocurrencies is the alleged anonymity of transactions they’re used for. But this feature is illusory in many cases. Could you explain how so?

The underlying technology behind cryptocurrencies is blockchain, which is the communication protocol between cryptocurrency and counterparties. The open, decentralized ledgers are made to secure transactions in a verifiable and permanent way. Although specific names are not available, the public ledgers create and show records each time money is sent or received, allowing transactions to have „public witnesses.” The integrity of communication is extremely reliable, as the shared database is encrypted, protecting it from tampering, revision, or deletion.

Full interview on: https://bithub.pl/wiadomosci/blockchain/sundayinterview-cryptocurrency-accessible-for-all/

 

[Bithub]

0xcert is an open-source, permission-less protocol for certified non-fungible tokens (NFTs) on the blockchain. In the process, the data about such asset, e. g. Certificate of Authenticity (COA), is digitized, stored in cryptographic wallets, and owned by their users – says Jure Zih, Co-founder and CEO 0xcert, at Bithub.pl’s #SundayInterview.

Let’s start with the basics: what are non-fungible tokens?

Jure Zih: A couple months ago Kristjan Sedlak, Co-founder and our CTO, said that this year will be the year of non-fungible tokens. And it is true. As it was blockchain a buzzword last year, non-fungible tokens are more and more spoken among programmers and the word is spreading with light speed among early adopters in crypto world. It all started with cats, or CryptoKitties to be precise, but as aspiration. This was the use case that non-fungible tokens needed to wake up the entire community that ERC721 was needed and that it could and would drive the industry forward. Fungible means that something can be replaced by another identical item so in crypto world a fungible token is also not unique and can be replaceable with other identical tokens and so it can be exchange like Ethereum or other today’s known cryptocurrencies. But non-fungible tokens, most non-fungible tokens are implemented on Ethereum as ERC-721, it is just the opposite, it is unique, real-world asset that cannot be substituted by another one.

Full interview on: https://bithub.pl/english/sundayinterview-authenticity-and-microidentities/