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B2Broker's New Breakthrough Solution - White Label CTrader

08 Sep 2022

The search for Satoshi Nakamoto, Bitcoin’s mysterious inventor, has been an ongoing hunt for the last 13 years. Since 2014, dozens of so-called candidates have appeared, but none of them have convinced the greater community that they are Bitcoin’s creator. Furthermore, journalists from publications like Newsweek have pointed to a few specific individuals, and nearly every one of them has denied playing a role in the creation of the world’s leading crypto asset. In October 2011, a journalist thought he discovered Nakamoto’s identity, or felt like he offered enough compelling evidence about his discovery to suggest the person he found may have created the first digital currency.

Over eight years ago, Newsweek journalist Leah McGrath Goodman published a story called “The Face Behind Bitcoin,” and in the article, she claims Satoshi Nakamoto was a retired physicist named Dorian Nakamoto. Despite Dorian’s denial from the beginning, the Newsweek reporter published an exposé about Dorian’s life. She claimed that there were several similarities between Dorian and Bitcoin’s anonymous inventor.

Dorian wasn’t happy with the exposé and he told the public he felt victimized and highlighted that he misunderstood Goodman’s questions. Bitcoiners were not too pleased with Goodman’s Newsweek story, and the community backed Dorian’s victim commentary by noting the Newsweek journalist doxxed Dorian by showing a photograph of his home in California. Goodman received a great deal of backlash for her story, but she wasn’t the only journalist who tried to pin Nakamoto’s identity on a specific individual.

Roughly two and a half years before Goodman’s exposé on Dorian Nakamoto, a journalist from the New Yorker tried to do the same thing. On October 3, 2011, when bitcoin (BTC) was trading for $5.03 per unit, the New Yorker’s Joshua Davis claimed to have discovered the mysterious inventor, and his name was Michael Clear.

Davis was first clued in on Clear when he attended the Crypto 2011 conference and started to highlight attendees that either lived in the U.K. or Ireland. Six of the cryptographers he highlighted all attended the University of Bristol, but when he asked about their involvement with bitcoin one of the cryptographers said:

It’s not at all interesting to us.

Davis noted that Clear was a cryptography graduate student from Trinity College in Dublin. Clear was awarded the top computer-science undergraduate award at the college in 2008. Following the award, Clear went to work for Allied Irish Banks and published a paper on peer-to-peer (P2P) technology, and Davis noted that the paper was written with a British writing style.

In 2011, Clear met with Davis during the reporter’s investigation, and he told the journalist he liked to keep a low profile. Davis said the 23-year-old told him he had been programming since he was ten, and the cryptographer was very proficient in C++ as well. Davis stressed in his editorial that Clear was responsive and calm when he was asked about bitcoin.

“My area of focus right now is fully homomorphic encryption,” Clear told Davis. “I haven’t been following bitcoin lately.” Clear also told Davis that he would review the Bitcoin codebase and in a later email, Clear insisted that he could “identify Satoshi.” Clear also said he believed it would be unfair to doxx Nakamoto after all the steps the inventor took to remain anonymous.

“But you may wish to talk to a certain individual who matches the profile of the author on many levels,” Clear said. The person Clear mentioned was a man named Vili Lehdonvirta, and he immediately denied being involved with inventing Bitcoin. Davis then got back in touch with Clear and told him “Lehdonvirta had made a convincing denial.”

The New Yorker’s author then asked Clear again whether he was Satoshi Nakamoto. “I’m not Satoshi,” Clear responded. “But even if I was I wouldn’t tell you.” Clear also added that taking bitcoin down would be extremely hard. “You can’t kill it,” Clear insisted. “Bitcoin would survive a nuclear attack.”

Despite the denial, Davis and the New Yorker decided to publish the piece about Michael Clear, and the story was picked up by a number of media outlets that year. Clear once again insisted that he was not Nakamoto, when he spoke to reporters from the publication irishcentral.com.

“My sense of humor when I said ‘even if I was I wouldn’t tell you’ is missing, this was said jokingly,” Clear explained. “[I] found it funny that The New Yorker reporter thought I was Satoshi, but I have always (beyond conversational jokes like the quote above) vehemently denied it. I could never allow myself to be even remotely given credit for someone else’s creativity and hard work.”

The New Yorker’s article was one of the first times a journalist had tried to pin someone’s identity to the creation of Bitcoin, but it would not be the last. Just one week later, the publication Fast Company and the reporter Adam L. Penenberg published another Nakamoto story with a mysterious angle.

Penenberg believed his evidence was more compelling, and he identified a patent that was created three days before bitcoin.org was registered called “Updating and Distributing Encryption Keys.” This was enough evidence for Penenberg to question the creators of the patent: Neal King, Vladimir Oksman, and Charles Bry.

Similar to the New Yorker exposé, all three of the suspected individuals denied they had any involvement with creating Bitcoin. Penenberg concluded that the point of his editorial was not to claim Fast Company found Nakamoto, but to “show how circumstantial evidence, which is what the New Yorker based its conclusions on, isn’t synonymous with truth.”

Despite the fact that both of these editorials led to dead ends and rabbit holes leading nowhere, journalists hunting for Nakamoto have tried with great effort to expose Bitcoin’s inventor and tell the world who this remarkable individual really was. So far, none of the Satoshi Nakamoto exposés have revealed anything that even offers a closer look at Bitcoin’s inventor — just speculation and coincidences that have very little meaning.

What do you think about the first Satoshi Nakamoto exposé published by the New Yorker in October 2011? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, United States patent #20100042841A1, Reddit,

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments

Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by the Russian finance ministry, also introduces strict requirements for platforms ... read more.

The search for Satoshi Nakamoto, Bitcoin’s mysterious inventor, has been an ongoing hunt for the last 13 years. Since 2014, dozens of so-called candidates have appeared, but none of them have convinced the greater community that they are Bitcoin’s creator. Furthermore, journalists from publications like Newsweek have pointed to a few specific individuals, and nearly every one of them has denied playing a role in the creation of the world’s leading crypto asset. In October 2011, a journalist thought he discovered Nakamoto’s identity, or felt like he offered enough compelling evidence about his discovery to suggest the person he found may have created the first digital currency.

Over eight years ago, Newsweek journalist Leah McGrath Goodman published a story called “The Face Behind Bitcoin,” and in the article, she claims Satoshi Nakamoto was a retired physicist named Dorian Nakamoto. Despite Dorian’s denial from the beginning, the Newsweek reporter published an exposé about Dorian’s life. She claimed that there were several similarities between Dorian and Bitcoin’s anonymous inventor.

Dorian wasn’t happy with the exposé and he told the public he felt victimized and highlighted that he misunderstood Goodman’s questions. Bitcoiners were not too pleased with Goodman’s Newsweek story, and the community backed Dorian’s victim commentary by noting the Newsweek journalist doxxed Dorian by showing a photograph of his home in California. Goodman received a great deal of backlash for her story, but she wasn’t the only journalist who tried to pin Nakamoto’s identity on a specific individual.

Roughly two and a half years before Goodman’s exposé on Dorian Nakamoto, a journalist from the New Yorker tried to do the same thing. On October 3, 2011, when bitcoin (BTC) was trading for $5.03 per unit, the New Yorker’s Joshua Davis claimed to have discovered the mysterious inventor, and his name was Michael Clear.

Davis was first clued in on Clear when he attended the Crypto 2011 conference and started to highlight attendees that either lived in the U.K. or Ireland. Six of the cryptographers he highlighted all attended the University of Bristol, but when he asked about their involvement with bitcoin one of the cryptographers said:

It’s not at all interesting to us.

Davis noted that Clear was a cryptography graduate student from Trinity College in Dublin. Clear was awarded the top computer-science undergraduate award at the college in 2008. Following the award, Clear went to work for Allied Irish Banks and published a paper on peer-to-peer (P2P) technology, and Davis noted that the paper was written with a British writing style.

In 2011, Clear met with Davis during the reporter’s investigation, and he told the journalist he liked to keep a low profile. Davis said the 23-year-old told him he had been programming since he was ten, and the cryptographer was very proficient in C++ as well. Davis stressed in his editorial that Clear was responsive and calm when he was asked about bitcoin.

“My area of focus right now is fully homomorphic encryption,” Clear told Davis. “I haven’t been following bitcoin lately.” Clear also told Davis that he would review the Bitcoin codebase and in a later email, Clear insisted that he could “identify Satoshi.” Clear also said he believed it would be unfair to doxx Nakamoto after all the steps the inventor took to remain anonymous.

“But you may wish to talk to a certain individual who matches the profile of the author on many levels,” Clear said. The person Clear mentioned was a man named Vili Lehdonvirta, and he immediately denied being involved with inventing Bitcoin. Davis then got back in touch with Clear and told him “Lehdonvirta had made a convincing denial.”

The New Yorker’s author then asked Clear again whether he was Satoshi Nakamoto. “I’m not Satoshi,” Clear responded. “But even if I was I wouldn’t tell you.” Clear also added that taking bitcoin down would be extremely hard. “You can’t kill it,” Clear insisted. “Bitcoin would survive a nuclear attack.”

Despite the denial, Davis and the New Yorker decided to publish the piece about Michael Clear, and the story was picked up by a number of media outlets that year. Clear once again insisted that he was not Nakamoto, when he spoke to reporters from the publication irishcentral.com.

“My sense of humor when I said ‘even if I was I wouldn’t tell you’ is missing, this was said jokingly,” Clear explained. “[I] found it funny that The New Yorker reporter thought I was Satoshi, but I have always (beyond conversational jokes like the quote above) vehemently denied it. I could never allow myself to be even remotely given credit for someone else’s creativity and hard work.”

The New Yorker’s article was one of the first times a journalist had tried to pin someone’s identity to the creation of Bitcoin, but it would not be the last. Just one week later, the publication Fast Company and the reporter Adam L. Penenberg published another Nakamoto story with a mysterious angle.

Penenberg believed his evidence was more compelling, and he identified a patent that was created three days before bitcoin.org was registered called “Updating and Distributing Encryption Keys.” This was enough evidence for Penenberg to question the creators of the patent: Neal King, Vladimir Oksman, and Charles Bry.

Similar to the New Yorker exposé, all three of the suspected individuals denied they had any involvement with creating Bitcoin. Penenberg concluded that the point of his editorial was not to claim Fast Company found Nakamoto, but to “show how circumstantial evidence, which is what the New Yorker based its conclusions on, isn’t synonymous with truth.”

Despite the fact that both of these editorials led to dead ends and rabbit holes leading nowhere, journalists hunting for Nakamoto have tried with great effort to expose Bitcoin’s inventor and tell the world who this remarkable individual really was. So far, none of the Satoshi Nakamoto exposés have revealed anything that even offers a closer look at Bitcoin’s inventor — just speculation and coincidences that have very little meaning.

What do you think about the first Satoshi Nakamoto exposé published by the New Yorker in October 2011? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, United States patent #20100042841A1, Reddit,

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments

Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by the Russian finance ministry, also introduces strict requirements for platforms ... read more.

Cosmos moved to a four-month high in today’s session, as crypto markets rebounded following Wednesday’s sell-off. Prices of the token broke out of a key resistance point this afternoon, reaching the milestone. Near protocol was another notable mover, as it hit a three-week high.

Cosmos (ATOM) raced to a four-month high this afternoon, as prices of the token broke out of a key price point.

Following a low of $11.98 on Wednesday, ATOM/USD rose by nearly $2.00 in today’s session, hitting a high of $13.92 in the process.

Thursday’s rally comes as the token raced past its ceiling of $13.35, en route to its highest level since May 11.

Looking at the chart, ATOM has been in an ascending triangle since hitting a low of $5.62 in mid-June.

Bulls of the token now look as if they could be targeting the $15.00 mark, which would see the token rise by almost $10.00 in just under two months.

In order to achieve this milestone, the token will need to overcome a hurdle on its relative strength index (RSI), which will come in the form of a ceiling at 63.30.

Another notable gainer on Thursday was near protocol (NEAR), which rallied to a multi-week high earlier in the day.

NEAR/USD was able to reach a peak of $4.63 today, as prices rose for a second consecutive session.

Unlike cosmos, which moved past its own price ceiling, near protocol was unable to break out of its resistance, after almost colliding with the $4.65 level.

As of writing, prices are at $4.60, as bulls still attempt to fully break out of this aforementioned hurdle.

For this to occur, we may need to see the 10-day (red) and 25-day (blue) moving averages cross, which could come soon, as they increase in proximity.

Should this occur, there will be a strong chance of near protocol moving closer to $5.00.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, atom, Cosmos, NEAR, near protocol

What is behind today’s 10% surge in near protocol? Let us know your thoughts in the comments.

Eliman brings a eclectic point of view to market analysis, having worked as a brokerage director, retail trading educator, and market commentator in Crypto, Stocks and FX.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Vladimka production / Shutterstock.com

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

Cosmos moved to a four-month high in today’s session, as crypto markets rebounded following Wednesday’s sell-off. Prices of the token broke out of a key resistance point this afternoon, reaching the milestone. Near protocol was another notable mover, as it hit a three-week high.

Cosmos (ATOM) raced to a four-month high this afternoon, as prices of the token broke out of a key price point.

Following a low of $11.98 on Wednesday, ATOM/USD rose by nearly $2.00 in today’s session, hitting a high of $13.92 in the process.

Thursday’s rally comes as the token raced past its ceiling of $13.35, en route to its highest level since May 11.

Looking at the chart, ATOM has been in an ascending triangle since hitting a low of $5.62 in mid-June.

Bulls of the token now look as if they could be targeting the $15.00 mark, which would see the token rise by almost $10.00 in just under two months.

In order to achieve this milestone, the token will need to overcome a hurdle on its relative strength index (RSI), which will come in the form of a ceiling at 63.30.

Another notable gainer on Thursday was near protocol (NEAR), which rallied to a multi-week high earlier in the day.

NEAR/USD was able to reach a peak of $4.63 today, as prices rose for a second consecutive session.

Unlike cosmos, which moved past its own price ceiling, near protocol was unable to break out of its resistance, after almost colliding with the $4.65 level.

As of writing, prices are at $4.60, as bulls still attempt to fully break out of this aforementioned hurdle.

For this to occur, we may need to see the 10-day (red) and 25-day (blue) moving averages cross, which could come soon, as they increase in proximity.

Should this occur, there will be a strong chance of near protocol moving closer to $5.00.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, atom, Cosmos, NEAR, near protocol

What is behind today’s 10% surge in near protocol? Let us know your thoughts in the comments.

Eliman brings a eclectic point of view to market analysis, having worked as a brokerage director, retail trading educator, and market commentator in Crypto, Stocks and FX.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Vladimka production / Shutterstock.com

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

PRESS RELEASE. CryptoDATA Tech, the Xiden blockchain developer and MotoGP Austrian Grand Prix’s title sponsor until 2024, is joining a new project that provides highly sought-after safeguards for crypto users. CryptoDATA Tech is partnering with Martoms Brothers & Co and several reinsurance companies to create a mutual guarantee fund that will provide safety for any crypto user and project that chooses its services. The project will be launched in September and will offer revolutionary products and services that will guarantee its users protection against crypto losses due to hacks, scams, and bad management.

Martoms Brothers & Co will provide several products that will insure users’ and projects’ assets against total losses of up to $1 billion (in the initial stages) on selected exchanges. The insurance process extends to hacks, defenses for users’ wallets, and protection against losses suffered through potentially malicious actions.

“Risks are ever-present in the crypto space, and this year has not been spared from catastrophic events. The market crash caused by LUNA resulted in a domino effect in which Three Arrows Capital, Celsius, and many others went bankrupt. This, combined with other actions undertaken by important actors, such as Elon Musk selling 75% of Tesla’s Bitcoin, are prime examples of how vulnerable crypto is,” says CryptoDATA Tech CEO Ovidiu Toma. “This, together with the presence of multiple scams and failed projects, make a solid case for the need for regulations and norms to reign in the Wild West that the crypto world has become. We want to assist the crypto world in bouncing back by helping the industry regain users’ trust through the protection of their assets. We want project developers to no longer blame failures and thefts on either real or fake hacking. And finally, we strive to underline the fact that users’ security is essential and should be the norm, not an exception, period.”

The Xiden Blockchain

Over the last years, CryptoDATA has expanded its field of activity to encompass a wide range of blockchain-based solutions and projects. One of its most important projects is Xiden, a blockchain alternative built for developers, that introduces a new, low-energy way of crypto mining, giving users the possibility to no longer be conditioned by excessive energy consumption or highly specific equipment.

Xiden can be considered an Internet of Things-native blockchain, that aims to deliver a new internet concept consisting of multiple decentralized networks which will act as a single network connection of nodes governed by individual users. Thus, Xiden offers multiple utilities by giving users the option to use the integrated devices’ resources, such as storage capacity, computing power, rendering, and decentralized IPs to develop and use Apps or dApps.

Xiden’s eco-friendly Smart Distributed Resources layer gives users the opportunity to get rewards in XDEN, Xiden’s native token, based on their mining power by providing a decentralized architecture network to which they can connect all their smart devices.

Edain – the first project on Xiden

Edain, the first project developed on the Xiden blockchain, is an AI-powered knowledge-creation ecosystem,designed to “make knowledge accessible to everyone; a ‘flat’ human knowledge-sphere, essentially.” The Edain team realizes its vision of equal access to knowledge through its data collection and processing mechanisms. The goal is to empower all humanity to cooperate in problem-solving. This is realized through the development of “knowledge applications” that analyze unimaginable amounts of data, returning results that users can use in various aspects of their lives.

One of these apps is Decision Point Crypto, a sentiment analysis tool integrating multiple indicators that analyzes large blockchain-native projects using natural language processing technology and artificial intelligence.

Among the industries it can be applied to is insurance, where risk analysis is beyond essential. The more all-encompassing the knowledge, the lower and better-defined the risk; and the more thorough and exhaustive the tools, the easier it is to avoid said risks.

About CryptoDATA

CryptoDATA Tech is a global ambassador for promoting the importance of data security and digital privacy worldwide. The company has pioneered the development of services and products based on blockchain technology that enables private and secure communication between users and that also provides various solutions for blockchain projects. Starting from the premise of discovering digital privacy, CryptoDATA Tech provides both hardware and software cyber solutions without restrictions for users who want to protect their personal information by providing them with devices and applications that offer enhanced digital security. Continuing in this line, the company is working intensely to bring blockchain technology into the motorsport world.

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.

PRESS RELEASE. CryptoDATA Tech, the Xiden blockchain developer and MotoGP Austrian Grand Prix’s title sponsor until 2024, is joining a new project that provides highly sought-after safeguards for crypto users. CryptoDATA Tech is partnering with Martoms Brothers & Co and several reinsurance companies to create a mutual guarantee fund that will provide safety for any crypto user and project that chooses its services. The project will be launched in September and will offer revolutionary products and services that will guarantee its users protection against crypto losses due to hacks, scams, and bad management.

Martoms Brothers & Co will provide several products that will insure users’ and projects’ assets against total losses of up to $1 billion (in the initial stages) on selected exchanges. The insurance process extends to hacks, defenses for users’ wallets, and protection against losses suffered through potentially malicious actions.

“Risks are ever-present in the crypto space, and this year has not been spared from catastrophic events. The market crash caused by LUNA resulted in a domino effect in which Three Arrows Capital, Celsius, and many others went bankrupt. This, combined with other actions undertaken by important actors, such as Elon Musk selling 75% of Tesla’s Bitcoin, are prime examples of how vulnerable crypto is,” says CryptoDATA Tech CEO Ovidiu Toma. “This, together with the presence of multiple scams and failed projects, make a solid case for the need for regulations and norms to reign in the Wild West that the crypto world has become. We want to assist the crypto world in bouncing back by helping the industry regain users’ trust through the protection of their assets. We want project developers to no longer blame failures and thefts on either real or fake hacking. And finally, we strive to underline the fact that users’ security is essential and should be the norm, not an exception, period.”

The Xiden Blockchain

Over the last years, CryptoDATA has expanded its field of activity to encompass a wide range of blockchain-based solutions and projects. One of its most important projects is Xiden, a blockchain alternative built for developers, that introduces a new, low-energy way of crypto mining, giving users the possibility to no longer be conditioned by excessive energy consumption or highly specific equipment.

Xiden can be considered an Internet of Things-native blockchain, that aims to deliver a new internet concept consisting of multiple decentralized networks which will act as a single network connection of nodes governed by individual users. Thus, Xiden offers multiple utilities by giving users the option to use the integrated devices’ resources, such as storage capacity, computing power, rendering, and decentralized IPs to develop and use Apps or dApps.

Xiden’s eco-friendly Smart Distributed Resources layer gives users the opportunity to get rewards in XDEN, Xiden’s native token, based on their mining power by providing a decentralized architecture network to which they can connect all their smart devices.

Edain – the first project on Xiden

Edain, the first project developed on the Xiden blockchain, is an AI-powered knowledge-creation ecosystem,designed to “make knowledge accessible to everyone; a ‘flat’ human knowledge-sphere, essentially.” The Edain team realizes its vision of equal access to knowledge through its data collection and processing mechanisms. The goal is to empower all humanity to cooperate in problem-solving. This is realized through the development of “knowledge applications” that analyze unimaginable amounts of data, returning results that users can use in various aspects of their lives.

One of these apps is Decision Point Crypto, a sentiment analysis tool integrating multiple indicators that analyzes large blockchain-native projects using natural language processing technology and artificial intelligence.

Among the industries it can be applied to is insurance, where risk analysis is beyond essential. The more all-encompassing the knowledge, the lower and better-defined the risk; and the more thorough and exhaustive the tools, the easier it is to avoid said risks.

About CryptoDATA

CryptoDATA Tech is a global ambassador for promoting the importance of data security and digital privacy worldwide. The company has pioneered the development of services and products based on blockchain technology that enables private and secure communication between users and that also provides various solutions for blockchain projects. Starting from the premise of discovering digital privacy, CryptoDATA Tech provides both hardware and software cyber solutions without restrictions for users who want to protect their personal information by providing them with devices and applications that offer enhanced digital security. Continuing in this line, the company is working intensely to bring blockchain technology into the motorsport world.

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.

PRESS RELEASE. White Label cTrader, a new offering from B2Broker, a market leader in liquidity and technological ecosystem for the Forex and crypto industries, has been officially released. Thanks to the new solution, brokers will now be able to access one of the most popular and functional multi-asset trading platforms the market can offer nowadays. As a famous and outstanding trading platform, cTrader boasts advanced capabilities and powerful trading instruments, contributing to the platform’s reputation as a favorite solution for experienced traders and investors from different industries. The trading environment on cTrader can be easily customized and adapted utilizing the B2Broker White Label package, so brokers can give their clients the best trading experience possible.

About White Label cTrader

B2Broker’s White Label cTrader solution is the fastest and easiest way to launch your own FX/Crypto brokerage, exchange, or multi-asset firm. This solution is also perfect for elevating your existing brokerage to new heights, expanding its reach and enhancing its profits. Both institutional and retail organizations can offer their customers customized services with the platform’s advanced user interface that can be branded in any design style.

cTrader is a well-known platform with a proven track record of success, and it is used by all the market’s top brokers. A quick search on the Appstore for cTrader will reveal all the major companies that use this platform.

We believe that in today’s ultra competitive markets, every broker must offer a wide variety of trading platforms to its clients. Otherwise, the broker would lose clients who wish to trade on the cTrader platform. In addition to the traditional trading capabilities provided by the MT platform, cTrader will almost certainly attract a new category of traders and investors.

When it comes to managing your crypto brokerage, and its algo capabilities, cTrader is one of the top solutions on the market.

Since 2021, we have been seeing a growing demand for cTrader among cryptocurrency brokers. Since many cTrader brokers use our liquidity offering, we decided to open a whole new world for brokers that want to grow more sophisticated and cater to traders’ needs, rather than requiring them to use a single platform,” B2Broker CEO Arthur Azizov.

There are many advantages to White Label cTrader such as its robustness and ease of use. White Label cTrader provides brokerages with all the capabilities they need to succeed without the need to purchase cTrader server licenses, set up backup systems, or build a global network of access servers. It also eliminates the need to hire staff to configure and manage server structures.

Features

Final thoughts

For brokers looking to provide their clients with a top-notch trading experience, B2Broker’s White Label cTrader is the ideal option. It allows your clients to trade successfully and effortlessly, with access to all the necessary features and tools. B2Broker’s 24/7 customer support guarantees that any issue or question you may have will be resolved immediately by the best experts. So, if you’re looking for a professional and all-inclusive trading out-of-the-box solution for your brokerage company, B2Broker’s White Label cTrader is your best option.

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.

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