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Full Review: Ark New Android Wallet

Fabiola S. Arcuri

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Ark Has released it’s new mobile App Wallet 1.5.0. I have installed it and test it out.

A Brief Overview About Ark

Ark is one of the solid crypto projects out there, it has its own Blockchain that was forked from Lisk in 2017.
Ark provides innovative blockchain-based technology for startups, developers, and end-users. It seeks to create a platform that can be used to connect to other blockchain platforms so as to increase its uptake. Ark is also a Delegated Proof of Stake (DPOS) Blockchain which means you can earn passive income just for storing your coins in your personal wallet.

Ark New Android Wallet 1.5.0

You may download the Android Version from Google Play. Once you’ve downloaded the apk file, it will install itslef in your mobile. After installation is complete, you will find Ark icon on your mobile tap to launch it.

Ark Wallet Welcome Screen

The wallet is light with a slick user interface. Not as fancy as the Desktop version but still it’s super user friendly. Once You bypass the Welcome screen, you will get an option to either import or generate a new wallet. In my case i imported my wallet

Ark Wallet Main Screen

As you can see, the wallet has a friendly GUI. It took me like three minutes to figure out how to send coins, then i realized that all what i had to do is click on the Big Blue Plus Sign 🙂

Send Coins from Ark Wallet

Clicking on the menu would bring you a list of other features

Wallet Menu

Clicking Top Wallets, will show you a list of the Richest Ark Holders, hopefully one day i will be on that list 🙂

The Rich Guys

Clicking Delegates will show a list of the Top Delegates on Ark Network (As mentioned earlier, Ark Delegated Proof of Stake. If you are a coin holder, you will need to vote for a delegate in order to get free Ark coins every week).

And finally you can change the wallet settings through the settings section

Conclusion

I enjoyed my experience with Ark wallet. Ark has a active great team who keep updating and releasing new versions and updates to Ark Eco System. I believe Ark got a great potential.

We accept Ark donations, my Ark Address AHUZ7vocn8LCRyAh8yyn5LHGmjwgmQT5Nu

Also don’t forget to follow us on our social media pages. Thank you!.

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A Major European Airport Hit By a Monero Mining Malware

M. Ali

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Monero-Mining-Malware

Unnamed major European airport was hit by a Monero mining malware that infected more than half of the airport’s workstations to secretly mine Monero cryptocurrency.

Cyberbit, a cyber security firm revealed in a blog post that the malware mining attack was discovered by Cyberbit’s Endpoint Detection and Response team while deploying their security solution that detected suspicious activity on some airport systems.

The malware used Reflective Dynamic-Link Library (DLL) loading to inject malicious DLLs into a host process running in memory without using the Windows loader and completely bypassing the infected systems’ hard drives.

The malware installed xmrig Monero miner to stealthy mine cryptocurrency on the infected machines.

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Monero Will Implement RandomX Algorithm to Combat ASIC Miners

M. Ali

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Monero-XMR-RandomX

In an effort to combat ASIC miners, Monero (XMR) will be changing its mining algorithm in late October to RandomX.

Monero is currently using CryptoKnight algorithm, which is a proof-of-work hashing algorithm originally designed by the Bytecoin and CryptoNote developer teams.

CryptoKnight algorithm was chosen by Monero team as CryptoKnight was originally designed to accommodate CPU and GPU mining and it was difficult to create ASIC miners for it.

According to Jordan Clifford of Monero, Rumors emerged that BitMain controlled a significant share of Monero’s hash rate by developing CryptoKnight ASICs. Developers alerted the community and efforts to change the hash function began.

The Monero research team began investigating how they could design a hash function that runs more efficiently on CPUs than on specialized hardware. In the meantime, it was decided the threat required an interim solution. CryptoKnight-R (v4) is currently used.

The team is now ready to launch RandomX. It uses the current block and data from a key block (every 2048 blocks) to produce a set of random programs and input that need to be executed together. The output from the programs is then fed into Blake2 to produce a final hash result

What is RandomX?

RandomX is a proof-of-work (PoW) algorithm that is optimized for general-purpose CPUs. RandomX uses random code execution (hence the name) together with several memory-hard techniques to minimize the efficiency advantage of specialized hardware.

According to RandomX’s developers, RandomX can operate in two main modes with different memory requirements:

  • Fast mode – requires 2080 MiB of shared memory.
  • Light mode – requires only 256 MiB of shared memory, but runs significantly slower

Because RandomX is optimized for general-purpose CPUs, the network will become more decentralized and egalitarian in the distribution of block rewards.

RandomX was developed for Monero by tevador, hyc, vielmetti, antanst and SChernykh. Wownero (Which is a a Monero fork) is also launching RandomX in their upcoming v0.6 update and will call it RandomWOW.

Monero XMR USD Price Chart

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Binance.US Adds Dash Coin

Sying Tien

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DASH-is-added-to-binance

Binance.us, the US division of the Chinese cryptocurrency exchange Binance, announced that it has listed Dash (DASH) coin on its platform. Dash trading will be available today at 9:00pm EST.

Currently Binance.us supports 14 coins: Bitcoin (BTC), Bat Toekn (BAT), Cardano (ADA), Bitcoin Cash (BCH), Binance coin (BNB), Ethereum Classic (ETC), Ethereum (ETH), Litecoin (LTC), ChainLink (LNK), Ravencoin (RVN), Stellar Lumens (XLM), Ripple (XRP), 0x (ZRX) and lastly DASH.

Binance.US, is a digital cryptocurrency marketplace for Americans operated by our local U.S. partner, BAM Trading Service.

Whats is DASH Cryptocurrency?

Previously known as darkcoin, is a cryptocurrency designed specifically for payments. Dash is a peer-to-peer decentralized electronic form of payment, which is free from centralized regulations, such as bank or government authority, and allows users to transact anonymously. This currency was inspired by cryptocurrency leader Bitcoin, but with a couple of major differences.

DASH/BTC Price Chart

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