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Qortal | The Portal to Freedom

The Qortal project is the successorRead More →

The post Qortal | The Portal to Freedom appeared first on Crypto Core Media.

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The Qortal project is the successor to the project called QORA, which was launched in 2014.

From then on, a team of developers took over and improved it to build an all-in-one platform (QORT). Qortal is, therefore much more than a project; it is an entire Blockchain-based ecosystem that will offer a set of decentralized services. We can mention, for example, decentralized social networks, hosting and the trade portal. It is, therefore, an ecosystem much more advanced than other similar projects.

Qortal Presentation

As previously discussed, the team that took over QORA has been working on both the QORT network and ideas regarding the QORT device for many years (and also with many headaches). And after all this hard work, the QORT project and its devices will finally be launched in less than a month.

Okay, that’ s great, but how does that help me in my daily life?

  • Never pay for your internet connection again

Seriously? Yes, let me explain in a simple way, the QORT device is 100% open-source, both in terms of hardware and software. It can be used to mine, yes, it is a small pocket miner who will bring rewards to its owner (yes it’ s you!). 

The specification of the device: Quad Core ARM Cortex-A 53 with NEON, FPU, and Java Acceleration. Besides, this all-in-one device will be automatically configured: preconfigured blockchain node, network configuration, and security measures. 

So even if you are not a tech whizz, don’t worry, their goal is mass-adoption! But wait, there’s more…

  • An all-in-one system to stay anonymous and to be in control of your life.

In a world where web privacy is important, especially after all the recent scandals, we believe that this is a good point to highlight. People like you and I both want to take control of their data and want a free (and secure) Internet, don’t we? After all, we are all crypto-fan and the Bitcoin White Paper is a bit like our Holy Bible. That’s the reason why we have included a Personal Tor Router with Socks5 Proxy that allows you to tunnel your blockchain and browsing traffic through it for your home /office LAN or CoinD directly from the router itself, which is the best anonymous practice today.

A new internet, what services are available?

We are in favor of full decentralization, which is why we created QORT in this way; no entity owns or controls QORT. QORT is a decentralized system with automated decentralized governance, contribution-based rewards, and voting weight, and provide full transparency, security.

Most of the time, similar systems do not have many functionalities; this is not the case with QORT, here are some services you can use:

  • The Trade Portal

It’s the main service of the QORT Blockchain; it’s a “TOTALLY DECENTRALIZED TRADING PLATFORM,” which will allow us to make completely cross-chain token and coins trades. During the first phase, only BTC will be used. There will be only one market for BTC/QORT only. So, the system will allow cross-chain trades between BTC and QORT tokens without losing control over your coins. You won’t have to deposit your coins in order to make trades; it’s awesome, isn’t it? You won’t have to worry about exchange security (Mt.Gox, Coinsmarket etc..)

  • Increased security

QroTec yourself at all times! QroTecTor gives you more security than any other router, securing you from all kinds of threats and also protecting your cryptos! It will secure your devices by becoming your route.

  • Encrypted communications on social media (Mumble/Tor)

The device gives you a default Tor Gateway, which allows you to directly access the digital network either with the device’s wifi network or your existing network. This allows you to browse the Internet and communicate on your social networks in a secure and encrypted way, as is the case with Mumble.

Mumble will provide you with a fully encrypted voice and text communication system. And even better, you can install the application on your phone to encrypt your communications.

And the best part of it? You no longer need to pay a VPN.

  • Built-in Web Server

A built-in web server will allow you to host your own blogs, sites, services without having to buy a new computer or server.

  • An alternative to Dropbox (cloud server)

Are you tired of GAFAs asking you for a DNA sample so you can store your data on their servers? Besides, the data present can still be public.

Guess what? We have our own alternative “OwnCloud” a private version of the big cloud service, you can use it to sync your files automatically from multiple devices, upload pictures from your phone automatically, to track your kids (he better be at school), a video and music addon and a huge choice of plugins.

  • Other features I can expect in the future

 A full Desktop OS to replace your Desktop, QrotecTor mobility which is a mobile version with a battery attachment and expanded Wi-fi Range, everything will be decentralized and anonymous, but also Entreprise Networking which is a future version with improved features for Enterprise needs.

We made an effort for the launch phase to make our project visible and to have it experimented by several users.

The price for the pre-sale is $185 (for the first 100 orders), then for the next 100 orders, the price will go up to $225 then to $250 for the final phase.

They are different payment methods; you can use BTC, LTC, and USD (bank wires, debit and credit cards). 

Are you reading to be QroTected and never pay your internet bills again? Buy it here. The amount of the initial investment will be recouped in just a few months.

More info about the project:

https://qortal.org/

http://wiki.qortal.org/doku.php

https://soundcloud.com/cryptoradio/qortal-the-futures-infrastructure

https://bitcointalk.org/index.php?topic=5190627

 

Source: https://cryptocoremedia.com/qortal-the-portal-to-freedom/

Blockchain

Avalanche-Based DeFi Lender Vee Finance Hacked for $36M in BTC and ETH

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A contract address belonging to the DeFi lending platform Vee finance has been exploited with the perpetrator swiping 8,800 ETH and 214 BTC. The attacker has not moved the funds yet, as Vee’s team claiming they have initiated contact to resolve the incident.

  • The protocol announced hours ago that it had halted all services as it became a victim of a security breach. The subsequent update provided the wallet the perpetrator used to transfer funds out of Vee’s address.
  • According to Etherscan, which has already marked the address as being involved in the Vee Finance hack, it currently holds 8,804 ETH and 214 Wrapped BTC (WBTC). With today’s prices, this amount has a USD value of over $36 million.
  • Vee explained that the attack transpired on a pending contract, and all assets in the stablecoin sector were not affected. Meaning, USDT.e, USDC.e, and DAI.e holdings are safe.
  • However, the protocol has halted all of its services to “protect the safety of more users’ assets” and failed to provide a precise timeframe when they will be resumed.
  • The attacker has not yet transferred the stolen fund. As such, the team behind the DeFi protocol is trying to “actively” deal with the situation and has reached out to the hacker to find a solution.
  • “At the same time, we are working with contract auditors and exchanges in the industry to locate the attacker and assist in recovering the assets.”

  • It’s worth noting that this security breach comes just a week after the DeFi lander officially launched its mainnet on the Avalanche blockchain. In just 12 hours, the protocol’s total value locked reportedly grew by $100 million to over $300 million.
  • This is the second hack against a decentralized finance project since the start of the week. As CryptoPotato reported yesterday, pNetwork also fell victim, with over $12 million in various cryptocurrencies stolen.
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Source: https://cryptopotato.com/avalanche-based-defi-lender-vee-finance-hacked-for-36m-in-btc-and-eth/

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Blockchain

Major Brazilian Bank BTG Pactual to Offer Investment Options in Bitcoin and Ethereum

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The major Brazilian bank – BTG Pactual – will enable its customers to trade digital assets directly through a new platform called Mynt. The offering will be available from the next quarter and will include the two leading cryptocurrencies – bitcoin and ether.

The New Crypto Opportunity

According to a local report, the initiative, which would start from the next quarter, would make Banco BTG Pactual S.A. (BTG Pactual) the first Brazilian bank to offer such services. Andre Portilho – the head of digital assets at the organization – confirmed the move. He also revealed that the institution intends to add more cryptocurrencies in the future:

“At this first moment, we will have the two main assets of the market, but we will include other cryptos for trading over time. We will have a complete platform with blockchain-based assets.”

Per a recent survey, almost every third person in Latin America is interested in cryptocurrencies. However, most people don’t invest in bitcoin or any other altcoins because they lack sufficient knowledge. With that said, BTG Pactual’s intention to implement educational functions about digital asset technology on its new platform could positively impact the local population.

“We believe that this, with all the educational content that we are going to develop, will not only distinguish our platform but will also help develop the market,” Portilho said.

BTG Pactual is among Brazil’s five largest financial institutions and has headquarters in the country’s megapolises – Rio de Janeiro and São Paulo. It is also the biggest investment bank in Latin America and the Caribbean.

The Bank’s Previous Crypto Endeavors

The aforementioned initiative is not BTG Pactual’s first engagement with the cryptocurrency industry. As CryptoPotato reported in May, it launched a security token known as ReitBZ.


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By deploying it on the Tezos (XTZ) blockchain, BTG Pactual became the first company to make such a move. The bank revealed that it would use the token for future security token offerings (STOs). Back then, Portilho opined that Tezos was “robust” enough to handle this kind of an operation:

“We decided to issue ReitBZ in partnership with the Tezos Foundation to test the Tezos blockchain so that we can use the technology to execute more complex future STOs. We are confident that the Tezos solution is technically robust, and this issuance enables us to guarantee more resources to invest in ReitBZ moving forward.”

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Source: https://cryptopotato.com/major-brazilian-bank-btg-pactual-to-offer-investment-options-in-bitcoin-and-ethereum/

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Blockchain

Cudos Partners With Zero Services

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[PRESS RELEASE – London, England, 21st September 2021]

As we accelerate towards Mainnet, we’ve launched our incentivized public testnet – Project Artemis. To assist potential individual Validators in joining the network, we’ve partnered with a European managed services and co-location provider, Zero Services.

Zero Services GmbH is a team of crypto enthusiasts, providing managed services, monitoring, and operating multiple PoPs (point of presences) spread across Europe, Asia, and South America.

Their current promo consists of co-location (power, cooling, physical security), connectivity (internet access), and hardware renting. They’re optimized for Validator operations, assembling hardware specs you provide and installing, operating, and monitoring your Cudos instances.

The primary location for Zero Services is Europe’s internet hub – Frankfurt, Germany. The company is also in Finland, Netherlands, Spain, Singapore, while Japan and Brazil will be coming soon.

“We are very excited about our new partnership with Cudos, as we are constantly looking for decentralised storage and computing projects, which will offer products with a vision to connect blockchain with the traditional business world. Moreover, Cudos empowers an efficient use of computational resources and unites this with decentralisation for additional security to the network.

We’d also love to enable people to have new revenue streams provided by their hardware. We know that with Cudos, we have found a partner who can help us achieve all this“, said Denis Pavlak, CEO of Zero Services GmbH.

“Running a validator node for any project can be technically challenging and time-intensive. This often puts it out of reach for token funds and community buyers who wish to contribute to the network beyond the passive earning they get from staking. In Zero Services, we have secured an experienced and reputable hosting provider that fully manages the validator node for the operator. Their team has also joined our validator community on Discord, offering assistance and advice to those running Validator nodes. They truly embody the blockchain ethos of ‘community’ and we are proud to have them as a partner”, added Pete Hill, our VP of Sales.

How to contact Zero Services?

If you want to join the Cudos network but want hassle-free onboarding and constant support, reach out to Zero Services GmbH via Telegram, email, Twitter, or check out their website.

About Cudos

The Cudos Network is a layer 1 blockchain and layer 2 computation and oracle network designed to ensure decentralized, permissionless access to high-performance computing at scale and enable scaling of computing resources to 100,000’s of nodes. Once bridged onto Ethereum, Algorand, Polkadot, and Cosmos, Cudos will enable scalable compute and Layer 2 Oracles on all of the bridged blockchains.

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Source: https://cryptopotato.com/cudos-partners-with-zero-services/

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