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TRON is Live on McAfeeDex

June G. Bauer

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TRON and TRON based TRC10/TRC20 tokens are listed on McAfeeDex cryptocurrency exchange. Users can interact with TRON tokens on the exchange using TRON Blockchain extension TRONLINK.

McAfeeDex exchange is a fully decentralized cryptocurrency exchange that was launched by John McAfee earlier this month. The exchange runs on the Ethereum blockchain and is built on the Switchdex smart contract. It currently supports Ethereum based ERC-20 tokens and TRON TRC10/TRC20 tokens.

McAfee’s exchange dose not charge for listing fees require, dose not require KYC (Know your Customer) documents and charges 0.25% fee on market takers, with no maker fee.

A screenshot of McAfeeDex

According to the official TRON website, TRC-20 is a standard for smart contracts similar to what an ERC-20 token would be on the Ethereum network. A TRC-10 token is a token that does not require the writing of a smart contract and is basically aimed at simplifying transactions, making them more efficient. USDT, for example, runs on TRON as a TRC-20 token. Up until now, McAfee DEX has been compatible only with tokens running on the Ethereum blockchain.

Disclaimer: This article is for informational purposes only. Neither TheCoinsPost 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.

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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Binance Adds Margin Trading for Tezos (XTZ)

June G. Bauer

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Binance, the world’s largest cryptocurrency exchange has added Tezos (XTZ) margin trading to its platform. The new margin trading pairs include XTZ/BTC, XTZ/USDT.

Margin trading is a high risk trading strategy that allows trading cryptocurrencies using funds provided by a third party. Margin trading gives traders the ability to enter into positions larger than their account balance this can generate a huge profit if executed correctly.

What is Tezos?

The Tezos project is a USA-based blockchain solution that supports building smart contracts and its Tezos (XTZ) token. The project was founded by former Morgan Stanley analyst Arthur Breitman. It’s an Ethereum-like blockchain that hosts dApps and smart contracts.

Tezos project held an ICO (Initial Coin Offering) from July 1 through 13, 2017. It raised cryptocurrency worth $232 million.

At the time At the time of writing, XTZ token is currently worth $1.26, the peak price of XTZ so far was $12.15 on December 17, 2017.

XTZ/USD Price Chart

*Charts are provided by cryptocompare.com

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Utopia Has launched its Mainnet

M. Ali

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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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