Janus Morthorst

Blockchain, Crypto, Coins, Tokens, ICO, Exchanges, Derivatives (Stocks, ETF, ETN, ETC, Futures), Trends & Patterns, legislation, Regulation, Disrupt, FinTech...

[Janus Morthorst @Morthorst]

#Disrupt: #Blockchain #XRP is the first #crypto currency to complete their whitepaper and vision. No doubt #xRapid platform will bring #Ripple to the sky and be gamechanger for cross-border Tx in 4 minutes compared to traditional payment Tx takes 2-3 days. https://t.co/SCJCJQltX5

[Janus Morthorst @Morthorst]

#Tokens: it will take time for people to understand the importance of tokens in the new Web 3.0 using #blockchain. It’s simply difficult to distinguish between a #crypto coin and a token & how they work together. #token economy is the new thing, you need to think digital assets.

[Janus Morthorst @Morthorst]

#Tokens: importantance & usage. Firstly it’s a digital asset you can program e.g. on #Etherium, #EthereumClassic and other #SmartContract based #Blockchains. They can represent #coins like #BTC, #XRP etc., loyalty points or any other asset. The #SmartContract defines the #token.

[Janus Morthorst @Morthorst]

#Disrupt: Goldman Sachs are for sure developing new #Cryptocurrency offerings. They already own an #Exchange @Poloniex and offer #Bitcoin #BTC futures. #crypto #cryptonews https://t.co/fbhhFz30el

[Janus Morthorst @Morthorst]

#Disrupt: #Apple co-founder Steve Wozniak hopes #bitcoin will become a single global currency. Twitter CEO Jack Dorsey recently said he believes #BTC will become the single currency worldwide, something that Wozniak hopes will happen. #cryptocurrencynews https://t.co/c0YNVaYr7i

[Janus Morthorst @Morthorst]

#Disrupt: $250B asset manager suggests #Cryptocurrency Could displace US Dollar as global reserve #currency Lazard’s CEO, Kenneth M Jacobs made these comments in a recent interview with Bloomberg. He acknowledged that naturally many factors are in play https://t.co/edRTlkfsij

[Janus Morthorst @Morthorst]

#Disrupt: Use Case for China’s four major state-owned Sinochem completed its first gasoline commodity trade using #Blockchain they claimed such #technology could optimize 20-30 percent of financial costs and risks. BP & Eni testing similar gas platform https://t.co/aFdoAJbRYn

[Janus Morthorst @Morthorst]

#Coins after #bitcoin known as #altcoins. #SoftFork = backwards compatible client upgrade on #blockchain & #HardFork = not backwards compatible, they share history until forked, Aug1, 2018 #BCH split from #BTC. #Airdrops gives equal amount of coins to #wallets private key owner..

[Janus Morthorst @Morthorst]

#LN will revolutionize: Why wait for a transaction (TX) on #Blockchain 1.0 network when transferring #cryptocurries: Longest chain wins equals "stale" blocks are discarded and the TX goes back to "mempool" to be mined again. #Wallets waits for ~6 confirmations (double spending)

[Janus Morthorst @Morthorst]

@laithalshamri Yes, I strongly believe that e.g. #fintech #altcoin #XRP does off-chain transactions for its #banking institutional services #B2B (https://t.co/DIKDmPv0GX) read the #Whitepaper (https://t.co/s2gPqIpA5p) also ~56K transactions/sec seems limit of #VISA where #LN ~Billions/sec #BTC

[Janus Morthorst @Morthorst]

#Regulation #Legislation the #FSB (Financial Stability Board) of #G20 initial assessment is that #crypto assets do not pose risks to global financial stability at this time. #Cryptocurrencies DON'T risk world economies, Mark Carney tells G20 #CryptoNews https://t.co/9ibCV1DpHX

[Janus Morthorst @Morthorst]

#Disrupt: Thesis #candyland vs #cryptospace vs #Spotify buying #Soundcloud vs #CD vs retro #Commodore64. It took Mars/Snickers +10yrs launching #protein-bars >or= #BTC #Genesis #Blockchain 2009 launch, 2yrs ahead consumer/B2B mass adoption? #cryptonews @clif_high @officialmcafee

[Janus Morthorst @Morthorst]

#Regulation #Compliance started by #Facebook & now #Google by June 2018 ban products with #crypto related ads on the search engine giant’s own and third-party sites. #Fraud #scam, #harm. It’s consumer protection in an unregulated #Crypto #ICO #Tokens space
https://t.co/tf0agi0Aau

[Janus Morthorst @Morthorst]

#Hacking #phising #Binance #binancehack don’t give away your API keys to 3rd parties unless you fully trust their security model and development kit, this time bots used for #cryptotrading by malicious using accounts to buy #BTC and #VIA #Coin. #CryptoNews https://t.co/HUsqkoJscQ

[Janus Morthorst @Morthorst]

@cryptostand #CLO snapshot was successful read more her about the project https://t.co/BMy1BVKKb1 and here the proof of #exchange #trading: https://t.co/vYFdhkNyVF

[Janus Morthorst @Morthorst]

#Tech: “In Math We Trust”, quote Bruce Schneier, who believes that only math is to be trusted. #Cryptography or #cryptology (from Greek κρυπτός kryptós, "hidden, secret";...Time and knowledge brings #technology to life in our World of Dreams. #Blockchain will change everything.

[Janus Morthorst @Morthorst]

#LightningNetwork: Are #bitcoins only store of value, YES & Big NO. First payment on #LN a router: https://t.co/5DtgXE3nyx and now again the famous pizza payment from 2010 world’s first documented purchase of 10,000 #BTC for two pizzas, now 0.00649 or $62 https://t.co/mUOE1ilGxe

[Janus Morthorst @Morthorst]

#LightningNetwork Jan-2018 (test phase), it’s introduces “off-chain payments”, conducting transactions without waiting for confirmation by the #blockchain. It enables the dream of globalized instant peer-to-peer micropayments in #digitalcurrencies #crypto https://t.co/javXqivSZQ

[Janus Morthorst @Morthorst]

#Compliance: Feb13, US #Tax report reveals only 0.04% customers had reported #cryptocurrencies on their federal tax returns, now #Coinbase is legally required to handover 13K customer historical transaction records of 2013-2015 within 21 days #CryptoNews https://t.co/9LrPpo5XhP

[Janus Morthorst @Morthorst]

#ICO raise funds for projects typically #blockchaintechnology but not limited too, and buyers gets #tokens back as #investment goods. 46% of Last Year’ #ICOs Have Failed Already. Some #Scam others bad ideas or projects: https://t.co/gkOIovV5nu https://t.co/QWVaCIpIuw via @bitcoinnews