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Ripple Acquires Algriman Icelandic Trading Platform

June G. Bauer

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Ripple, the financial blockchain giant and the creator of XRP announced today that it has acquired Algrim Consulting, a small Icelandic startup company. Ripple said, Algrim will play an integral role in the ongoing development of its On-Demand Liquidity (ODL) product which utilizes XRP cryptocurrency for cross-border payments.

Algrim Consulting was founded om Jun 2010 by Gunnar Kristjansson and Dadi Armannsson. Algrim provides trading infrastructure and financial market technology consulting services.

The decision to join the Ripple team was a natural fit — both companies share a vision to enable widespread adoption of digital assets and blockchain technology, which aligns directly with what we’ve been working towards for the past several years,

said Algrim CEO Dadi Armannsson

To date, Ripple has added over 200 partners to RippleNet and is planning to make Iceland its regional base. The company also has another European office in London, UK along with its presence in New York, Singapore, Mumbai, Sao Paulo, and Sydney.

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at [email protected] or contact her on Twitter @JuneTBauer1

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Steemit Launches Smart Media Tokens on a Testnet

Sying Tien

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Steemit Launches Smart Media Tokens on a Testnet

Steemit, the blockchain based blogging and social media platform where everyone gets paid for creating content, has released a new token-launching protocol, Smart Media Tokens (SMTs), on a testnet.

Users can use the newly launched token “Smart Media Tokens” to create a new cryptocurrency with 3-second fee-less transfers, without having to write a single line of code. SMTs will allow any publisher, creator, or entrepreneur to launch their own custom token on the Steem blockchain, which will help them monetize their digital content and reward consumers who engage with their content through likes, votes, views, shares, and comments.

A screenshot of Smart Media Tokens website

SMTs have been live on testnet now for over 40 days, making this hardfork already the most tested hardfork in Steem’s history.

According to Steemit’s announcement, entrepreneurs using SMTs will benefit from the state-of-the-art properties that come from being powered by the Steem blockchain, including three-second block times, zero fees, and its ‘Proof-of-Brain’ algorithm, which autonomously distributes tokens to the most valuable members of a community. And because Steem was designed from the ground up to power web applications, SMTs will integrate easily into any established website, app, or platform, making it simple for mainstream creators and entrepreneurs to access the fastest-growing industry in fintech and immediately begin generating revenue at virtually no cost.


What is Steemit?

Steemit is a blockchain based blogging and social media platform such as Redit, it offers rewards to its users in STEEM coins cryptocurrency for publishing and creating content. Steemit users can also earn STEEM coins for commenting and upvoting other posts.

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Utopia Has launched its Mainnet

M. Ali

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Utopia-P2P-mainnet

Utopia, the all-in-one blockchain solution for private & secure instant messaging, encrypted e-mail system, private file storage, anonymous payments and private web browsing, has finally launched its mainnet to the public.

At TheCoinsPost, we tested and reviewed the beta version of Utopia back on July but lots of things have changed since then. The app has been refined, tuned to be crazy fast and stable and some new features have been added. In order to join and use Utopia, you will need to install Utopia’s client from the official website.

A screenshot of Utopia Client

Utopia is a P2P network where each user participates in data transmission. Utopia rewards users that support the network through mining by emission of new cryptocurrency called “Cryptons”. Mining and earning Crypton is an easy process, all what you have to do is just install the client and leave it running in the background. The client dose not assume any CPU resources it only uses the computer memory to operate.

A screenshot of Utopia Chat Rooms

At the time of writing, there are over 7000+ miners on the network. The current mining reward is 0.0128 Crypton per thread that is generated every 15 minutes.

Some screenshots of Utopia P2P Client:

Playing chess
Sending files through Utopia
Using Utopia’s Browser
Using Utopia’s uMail

We will be covering the mining process and other Utopia’s features on future articles.

To learn more, please check Utopia Official Website: https://u.is

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ARK’S New Multiplayer Arcade Game: Minesweeper Flags

Fabiola S. Arcuri

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ARK-MineSweeper

We all have those memories from childhood, the ones which follow us through our life. For me one of those memories is playing minesweeper on my old Windows PC. So, to say I was excited when I heard about the new ARK’s game, Minesweeper Flags, a multiplayer blockchain game which is playable through ARK’s Desktop Wallet for Windows,MacOS and Linux.

Minesweeper Flags game object is to uncover squares on a board without hitting mines. Clicking on a tile reveals a mine, a blank square or a number. You play against a real life opponent to win crypto coins.

The game can be installed to ARK Wallet through a plugin. Please follow the official setup instructions here.


ARK’s Minesweeper Flags Walk-Through

Once installed, you will need to activate the game plugin then you are ready to go. You can launch the game from the plugins menu on your wallet.

Game Dashboard

You will have the option to either join an existing game or to host and start a new game of your own.

Watching an active game between two players

Starting a new game:

The game host sets a wager which the opponent matches before the game begins, and the winner automatically receives 95% of the pot, with 5% kept back for the costs associated with running the backend of the game.

Hosting and starting a new game
Conformation window before starting a new game

Conclusion

ARK’s Minesweeper Flag is quite simple, the graphics are very simplistic but for a game of this kind it fulfills it’s purpose. This is really a game that can be played over and over again. It’s a true classic that no one should miss. The ARK team has done a good job of building a robust ecosystem and managing it well.

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