IRIS Archives - 2100NEWS

IRIS - AddisonJune 23, 2018


The blockchain technology platform based on the technology of sharding has created a grant program to accelerate the development of tools and applications being built on their open source platform


SINGAPOREZilliqa, one of the leading companies solving the issue of blockchain scalability, has announced the details of a $5 million grant program for teams and individual developers to build utilities and apps that will help power a new class of high-speed and secure blockchain applications in payments, finance, gaming, digital advertising, media, and more.  The ultimate goal of the program is to accelerate the development of new applications on their open source technology platform.


Zilliqa is a project that has brought together leading academics, engineers, and entrepreneurs with the goal of building a better blockchain infrastructure that is scalable and secure. Since launching in 2017, the company has built the first blockchain platform that uses the technology of sharding to enable increasing throughput as the network expands. In addition, Zilliqa also looks to fix major security issues with existing smart contracts, which the company is doing by introducing a new, intermediate-level smart contract language called Scilla, that will allow developers to more easily write secure smart contract applications.


To encourage the development and adoption of applications that are built on their platform the company has announced the details of the Zilliqa Ecosystem Grant Programme – a pool of $5 million USD equivalent that will be given to great projects, teams, and individuals to start building tools and applications for the Zilliqa platform.


“We have built a very strong community of technical people around Zilliqa,” said En Hui Ong, Head of Business Development with Zilliqa. “We would like to encourage our community and anyone else who is interested in our vision to contribute to our platform – which is open source and open for anyone to use for developing secure, high-throughput smart contract applications.”


The program to build on Zilliqa will offer developers non-dilutive funding, technical support, and the opportunity to be featured on the Zilliqa website and highlighted in the community. The company provides a list of suggested projects and Dapps they are looking for, but anyone is open to suggesting anything that will ultimately contribute to the overall Zilliqa open source community.


Interested parties can submit applications starting today.


To learn more view the announcement on the Zilliqa blog at:

IRIS - AddisonJune 23, 2018


After extensive development, the project has launched a new platform that accelerates the development of open source and blockchain projects by directly incentivizing developers to solve open issues on GitHub.


MAY 31 – FundRequest, a new platform for incentivizing open-source development, has officially launched their first product: a blockchain powered integration with GitHub that allows developers to directly solve open source project issues and be rewarded. The platform integrates directly with GitHub, allowing projects to fund ‘issues’ that developers can solve and be rewarded in cryptocurrency.


FundRequest moves into an groundbreaking niche by benefiting those who request software fixes, but also developers looking to contribute to projects they support. Businesses pay for the software support they need, and developers receive monetary incentive to contribute to projects. FundRequest offers a unique opportunity for freelance developers to seamlessly integrate related platforms in the blockchain and software marketplaces. For open source projects, this also builds a strong loyalty with developers who contribute to their projects.


FundRequest is also tapping into a niche of seasoned developers who are looking to break into the world of blockchain by directly contributing to projects they care about. The company has already partnered with some of the most cutting-edge projects in the blockchain space and has indicated more partnerships are to come, including:


SingularityNet, a decentralized marketplace for AI innovation.

Request Network, a decentralized payment processing platform.

ORCA, the first open banking platform for crypto users.

Trust Wallet, an open-source Ethereum ERC20 wallet.

Indorse, a Ethereum-based professional networking service., connecting profiles, reputations and networks into one sharable source using blockchain technology., connecting 2 million+ professionals with remote and freelance jobs using artificial intelligence.


“Developers can start earning experience in blockchain development and are now able to participate directly in projects they care about by solving issues through FundRequest,” said Karel Striegel, Co-Founder and CEO of FundRequest. “Meanwhile, projects and companies can tap into a pool of passionate open source and blockchain developers through our platform. We look forward to being the bridge for these two groups and accelerating the development of open source and blockchain technologies.”


Solving a software dilemma


A problem consistent in the world of open-source is the multitude of unfinished projects because of a lack of incentive. Too often, companies have their hands tied, waiting for bug fixes on open-source platforms with little to no follow-up from developers.


To solve this problem, FundRequest created a solution that actively rewards community contributions using blockchain technology. To do this, an issue can be created on Github, funded, and a reward in cryptocurrency can be staked for a specific development issue or task – which can be as small as a simple bug fix to as large as an entire add-on for a project. Once a user creates a project request, a smart contract is created after Ethereum blockchain validation. Once the issue is resolved, the developer who proposed the best solution will receive a transfer of funds. All payments for requested work come through the Ethereum blockchain, removing the need for an intermediary.


FundRequest provides options to donate to charities or back to the open-source projects themselves. They encourage users to propose new features and fund open-source projects, which promote active involvement and ownership of various projects.


By default, FundRequest uses FND, their native token, to support its platform and reward developers. Blockchain projects who fund issues for their development also have the option to pay users in their native cryptocurrency as well.


Tapping into a Huge Base of Developers


FundRequest users can register using their GitHub account, allowing countless collaboration opportunities. Through its GitHub web plugin, FundRequest reaches out to 24 million active users with experience in 337 unique programming languages. For other integrations, the platform offers a plug-and-play API able to be used by any platform or community and future versions will have a Chrome browser add-on, helping to streamline the funding process.


The FundRequest marketplace gives projects and businesses the support they need to actively work with blockchain and open source technologies or develop their own from scratch, while also giving developers an incentive to get involved. By launching the first version of their platform, FundRequest is providing a bridge for developers to become involved and ultimately rewarded for helping to build open source and blockchain projects they love.


For more information on FundRequest visit:

IRIS - AddisonJune 22, 2018


The companies will work towards integrating decentralised arbitration into the governance of Seastead communities to resolve disputes relating to virtually any product or service


Blue Frontiers, a company developing floating cities (‘Seasteads’) that will help combat sea level rise, an industry that is expected to grow significantly in the next 30 years, has partnered with Kleros to provide decentralized justice services for virtually any transaction or dispute within their floating blockchain-powered economies.


Founded in 2017, Blue Frontiers is a technology leader in blockchain based governance and combating sea level rise, creating seasteads that could potentially enable coastal habitants and entire island nations to add habitable land on the ocean for their residents. The company recently announced that the first seastead would use blockchain technology to power its economy, alongside a new cryptocurrency called Varyon.


Kleros is a justice protocol that allows for decentralized arbitration of almost any type of dispute. Kleros utilizes concepts from game theory to device a set of rules so that jurors who act competently and honestly will be rewarded, while those who don’t will be penalized. This results in fast, affordable and secure dispute resolution for a large number of disputes.


The arbitration process that Blue Frontiers will integrate into its Seastead governance frameworks to resolve disputes can be laid out in four easy steps:


  1. Users transacting within the Seastead ecosystem create a smart contract and use Kleros as the adjudication protocol.
  2. The relevant information is securely transmitted to the Kleros platform.
  3. A jury or tribunal is selected from the juror network. They evaluate the case’s evidence and cast their votes.
  4. The jury’s decision is enforced by the previously written smart contracts, ensuring a just outcome.


“Our Seasteads are specifically designed to facilitate innovation in how humans choose to model habitation, form community and govern their affairs. By adopting the pioneering objective arbitration protocol developed by Kleros, we will allow our communities and the ecosystems they interact with to settle disputes fairly, securely and efficiently” explained Randy Hencken, Co-Founder of Blue Frontiers and Director of The Seasteading Institute.


Reflecting the model for independence underpinning Blue Frontiers’ Seastead communities, the Kleros project is completely open-source, owned by no one, and is intentionally not backed by any institutional investors. Additionally, the Kleros protocol can be used for a wide range of disputes requiring technical expertise in the allocation of resources (real or symbolic) between parties, such as: freelancing, crowdfunding, oracles, gaming, insurance, e-commerce, and many more.


“Kleros can be integrated into almost every type of application built online and will serve as a key institution for dispute resolution in the emerging blockchain era. It will provide a fast, inexpensive, transparent, reliable and decentralized dispute resolution mechanism that renders binding ultimate judgments about the enforceability of smart contracts” said Dr. Federico Ast, CEO of Kleros.


The first Seastead is expected to be completed in 2020 and is planned for French Polynesia. It will be habitable by up to 300 people simultaneously.


To learn more visit:

Luka KovičMarch 15, 2018


The cryptocurrency world found itself in turmoil in start of 2018. We saw the peak of some currencies in
late 2017, the same year brought ICO frenzy, incredible Bitcoin price shifts and immense growth of
Ripple (XRP).

The start of 2018 didn’t bring investors to ‘promised land’, on contrary, the bans, regulations and even
several exchange hack attempts contributed to severe cryptocurrency price drops. Ripple was one of the
ground breaking currencies in 2017, which shot up in price by more than 1000% in the month of

The price of XRP reached its all time high on January 4th with the price of 3.29 USD, then dropping hard
and is now trading around $0.69. XRP could easily be set for another ‘boom’ according to their CEO Brad
Garlinghouse: “We, Ripple, will stay focused on solving that institutional use case, but we would certainly partner with
companies that are looking to use XRP in lots of different ways.”

New use cases for Ripple?

They’re also looking for investment in startups that could develop new uses for Ripple, which could
potentially push crypto values up. The announcement follows the emergence of an XRP payment app
that will allow transactions to take place faster. The software is being developed in partnership with 61
Japanese banks to improve crypto trader experiences in the region.

Takashi Okita, the CEO of SBI Ripple Asia, the firm helping to form a joint venture between Ripple and
the SBI group, declared that the app will allow for payments that are “faster, safer and more efficient”.

xCurrent is Ripple’s enterprise software solution that enables banks to instantly settle cross-border
payments with end-to- end tracking. Banks message each other in real-time to confirm payment details
prior to initiating the transaction and to confirm delivery once it settles.

Fast transaction times and low fees could make XRP more appealing than other cryptocurrencies on the
market. Unlike the highest-valued virtual currency, Ripple is not limited to 21 million coins, instead 100
billion XRP are able to exist, making it greater in supply than Bitcoin by 4700 times. That could mean it
will offer lower volatility long-term, as the price will most probably continue to rise. But when those
prices stabilize, the large coin supply of Ripple will lead to lower volatility.

For now, Ripple has created something that few other cryptocurrencies have managed to this point; a
currency that pre-existing businesses are not only willing to use, but will benefit from doing so. Amazon
and Everything Store are one of the giant costumers to take this step in 2018, as they would like a virtual
currency, that offers fast transaction times without crippling fees.

Luka KovičFebruary 23, 2018


First company to offer zero trading commissions for US listed stocks is planning to launch in Europe as the company seeks for a »Chief Executive« to lead and operate planned UK/EU expansion. Launched in 2013, the RobinHood app lets users invest in publicly traded companies and exchange-traded funds listed on US exchanges without paying a commission. Its mission is to make financial tools accessible to everyone, as well as inspire a new generation of investors.

Vladimir Tenez, co-founder of the app had spoken about the issue in the interview for Techcrunch: »Most stock brokerages out there have been around for 30 years, their interfaces are clumsy, and they’re targeting older professionals and active traders.«

“They’re no place for first time investors and that’s one of the things we focus on. Making it accessible. Having it be mobile friendly.”

In 2015 the company triggered its global expansion following $50 million of founding led by New Enterprise Associates (NEA), announcing Australia as first international market. They have been waiting for its regulatory approval since.

According to Jan Hammer, a partner at Index Ventures, which has invested in company, RobinHood has »not just made trading simpler, mobile and free; by doing so, they’ve opened up stock market,« Hammer told Business Insider.

The RobinHood App

The RobinHood App won an Apple Design Award in 2015, with minimalistic and stylish interface. Users first need to link their bank account and credit their RobinHood account by a one-time transfer to start trading. Once the amount is deposited (usually it takes about three days in the US), the home screen shows the total money (in stocks and cash) – and how much you’ve earned through the past 24 hours.

RobinHood Crypto

Since February, first set of costumers can buy and sell Bitcoin and Ethereum with RobinHood Crypto. All your investments commission-free on one platform. For now, it’s available for US costumers residing in California only, while looking forward to releasing crypto trading functionality in many other states later. In meantime, RobinHood users and investors can monitor and track market data for 16 cryptocurrencies.

One million users registering in first four days, shows the interes tof RobinHood’s services, which gained over four millions users. For now, users from above mentioned states of California, can buy Bitcoin and Ethereum, but they can track 14 other cryptocurrencies; bitcoin cash, litecoin, XRP, ethereum classic, zcash, monero, bitcoin gold and dogecoin.

Company also announced RobinHood feed, a new way to discuss cryptocurrencies, news and market swings in real-time with other investors on app itself. Over the past few weeks, RobinHood Crypto reached four million users and well over $ 100 billion in transaction volume on the brokerage platform, leading to over $1 billion in commissions saved in equity trades. With the release of RobinHood Crypto, they’re continuing their mission of making the financial system work for everyone, not just wealthy.

Luka KovičFebruary 21, 2018


Bitcoin was a bear market in 2018. As we look at the prices in the cryptocurrency market, we could state that 2018 started badly for investors and traders. In January the opening price of Bitcoin was $13.794 (11.135€), with a high of $17.252 (13.927€) and low at the end of the month $9.231 (7.451€), losing more than 25% of its value. Back in December, the price of No. 1 currency was at its ATH (all-time-high), reaching almost $20.000 (16.179€), fast forward to February 5th, price dropped below $7.300 (5.893€), loss of more than 60 percent of its value in 6 weeks.

Global regulations and mass media bashing

When we speak about how mainstream media presents cryptocurrencies, we can often hear cryptos being in domain of money launderers and drug dealers. Yes, we all heard about Silk Road. We all know, there are/will be individuals on dark net who’ll try to put a stain on blockchain technology. When we touch the issue of regulations, we aren’t talking about something new. In 2018 G20 summit, two European countries, Germany and France will propose cryptocurrency regulation

Sheldon Corey, the President of Worlds Financial Centre and Arges Inc. says, “Government critics will be given plenty of airtime in the mainstream media, as they focus on the anonymity of digital currencies and the bad actors using them to commit money laundering, terrorism, and fraud. These are painful issues that need to be addressed, to bring more stability and credibility to the industry. The good news is that the debate will lead to greater general awareness and adoption, and probably a decent recovery after the G20 goes home.”

South Korean exchanges from ban to self-regulation

The South Korean government announced that it plans to regulate cryptocurrency trades by law, but uplifting ban which influenced to the latest market crash. More than 200.000 Koreans backed a petition against the (excessive) regulation of virtual currency. By now, Korean cryptocurrency exchange platforms started to self regulate. They formed an Korean Blockchain Association (KBA) which is set to make a huge difference in the country’s cryptocurrency industry.

Facebook banning all ads for Bitcoin, cryptocurrencies

The social network is banning all crypto-related ads, as it attemps to crack down on scammers and frauders. ICOs (Initial Coin Offerings) are a largly unregulated method for company fundraising and Facebook has put down the foot with new rule:

“prohibits financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency.”

Hacked exchanges

More and more exchanges getting hacked. The recent hacking of one of Japan’s largest cryptocurrency exchanges, CoinCheck, raised a lot of dust. About 260.000 users who lost NEM deposits will get compensated. But theft of $534 million worth of NEM coin is due to negligent in the storage of mentioned tokens. CoinCheck stored them online rather then offline, however, they weren’t using multi-signature wallet. But according to Bitnation’s CFO, Dr. John Mathews ACA, the hacking has had “minimal” impact on the crypto trading, compared to Mt. Gox hack in 2014:

“The $500M Coincheck hack had little impact on the wider crypto markets, demonstrating the increasing diversification and maturity of the ecosystem, compared to the $460M Mt. Gox hack in 2014, which precipitated a multi-year bear market.” he says.


Luka KovičFebruary 21, 2018


Anonymous buyer of  $400 million Bitcoin became a billionare

The mysterious investor put nearly 400.000.000 U.S. dollars into No.1 digital currency Bitcoin. He is on the way to become the next »crypto billionare« in the coming days. Cryptocurrencies are making a comeback, after a loss of a much as 50 percent to start the year, which could be because of the ongoing regulation and security fears.

The price of Bitcoin increased more than 60 percent since trading under $6.000 of February 6, catapulting the price back above $10.000 for the time being.

“Not sure who that big buyer was but many have bought this dip and have added since the rebound and additional regulatory clarity in the US and Asia,” said Alex Sunnarborg, founding partner of Tetras Capital.

The mysterious buyer with the bitcoin address 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 made his purchase between February 9. and 12. He increased overall balance from 55.000 coins to over 96.000. News of the purchase blasted all over social media and forums. The community has been debating about the possible owner of this coins. “Buy low, sell high,” is the advice that’s been heard many times in investing circles. This particular investor did the right thing at the right time.

Jeff Koyen, president of 360 Blockchain USA said: “In the meantime, the $400 million whale is fuel for the Telegram channels where traders lay out their conspiracy theories. However, I am willing to believe that, seeing bitcoin bottom around $6,000, Wall Street smelled blood and jumped back in.”

That huge purchase could as well be the most brave and smart thing to do at the moment. Due to a well-timed trade, the risk-taker joined the ‘bitcoin billionaire’ club.



Luka KovičFebruary 17, 2018


Cryptocurrency market continues its recovery with Litecoin leading the way with 49% growth in 7 days.

Since early February the market has seen a lightning recovery, which could happen due to a number of factors. Over past week, Litecoin has been leading the way. Sudden rebound has seen names like Litecoin, Ripple and Neo working its way from low prices. Litecoin (LTC) in particular, has had a nice run since February 6.. It is up almost 50% from its low point of 85,63€ ($106.94) and is valued at 178,76€ ($223.23) according to CoinMarketCap at the time of writing this article.

Ripple’s token (XRP) on the other hand has strenghtened from its low of 0,46€ ($0.58) from Feb. 6th, and now ranks second on the list of biggest gainers among the TOP10. XRP is now trading at 0,90€ ($1,13), while still down 51 percent from price of 1,84€ ($2,30) at the end of December.

Neo has seen a rise of 86% from Feb 6. low of 52,14€ ($64.88) with reported 59 percent year-to-date gains – the highest in TOP10. At press time, its price was 99,14€ ($123.35).

Meanwhile, Bitcoin value continues to rise, shaking of market crash over recent weeks.

A record high of 15.955,18€ ($19.850) in mid-December seen a rapid drop, result of continiuing fears that trading was about to be banned in South Korea and regulation. Its value stumbled even harder in February, falling from 8.037,87€ ($10.000) to 4.822,72€ ($6.000) in just four days. Now, however, it seems to be recovering. Price has increased nearly 16 percent over the past seven days, although it has declined almost 5 percent over the past month. Bitcoin is still notoriously volatile as its value shifts unpredictably. Numerous financial experts have advised potential investors to be carefull when involving in cryptocurrencies.

Supporters of Bitcoin, on the other hand are asking mentioned financial experts »Crash, what crash« while the volatile currency is climbing back slowly, but surely. Veterans have already seen those kind of corrections in past few years. But it’s safe to say the Bitcoin price crash wasn’t something most people had expected.

This correction is likely to be one of the biggest ever seen.

With Bitcoin rise up more then 1000% since the start of January 2017, we have seen multiple times such gains doesn’t come without corrections, FUD (short for ‘fear, uncertainty and doubt’) and drama. If you look closely at the Bitcoin/USD chart the last 3 years, you will see that Bitcoin has corrected eyery year between 4th and 15th of January. Many believe going into holiday period, plenty of traders want to jump out of the market and leave the extreme volatility, or they’re pulling out their earnings. Only time will tell if Bitcoin can reach its all-time-high price and/or overcome it. We can sit back and watch the deepest technological experimentation period in the history of Bitcoin. Some think regulations are very important for the health of this ecosystem. Others are ‘advocates’ of it’s decentralization, which could be its greatest obstacle. Once again, only time will tell.

Luka KovičFebruary 15, 2018


Remember when Cool Runnings made Jamaica’s first ever bobsled team famous? Well, the latest edition of the Winter Olympics will see the USA luge team become a champion for Bitcoin in what could be a first for cryptocurrency in the sport.

USA Luge Foundation has been campaigning for donations in Bitcoin od Medium back in December 2017. The team can’t wear any sponsor logos at the Olympics so the team has promised to promote the cryptocurrency in upcoming competitions, depending on how much Bitcoin whey will raise. They claim to be the first US Olympic group to set up its own Bitcoin wallet to accept donations.

US luge doubles silver medallist Gordy Sheer said: “You know, we hear a lot of jokes about lugers being crazy, and people don’t know why we do it.

“But luge is something that gets into your blood and transforms your life and the Bitcoiners we’ve met know exactly what it’s like to be all in on something that the world doesn’t appreciate yet.

“We’ve looked at Bitcoin hard, and it is definitely a risk-reward we understand and are eager to take.”

The team put together a list of targets they will meet as crypto investors begin to donate.

Once they receive five Bitcoins the cryptocurrencies logo will appear on team hats. 10 Bitcoins will introduce its logo onto the outerwear of the team for the rest of this year, excluding the Olympics.

  • 5 BTC – Bitcoin’s logo will appear on team hats and memorabilia hats
  • 10 BTC – Above, including Bitcoin logo sewn onto all luge team outerwear for the 2018 season (excluding the Winter Olympics)
  • 25 BTC – All of the above, including Bitcoin logo of sleds for the next two seasons.
  • 50 BTC – All of the above, with Bitcoin logo on sleds for next four seasons.
  • 100 BTC – All the above including Bitcoin logo on team skin suits for four years (excluding Olympics).

The current value of Bitcoin is 7.530,36 € ($9.304,98) at the time of writing this article. If the team were to receive 100 Bitcoins in donations, they would have received 753.036€ ($930.498) worth of the cryptocurrency. There is already a number of cryptocurrency betting platforms aimed at sport enthusiasts, allowing people to gamble with cryptocurrency. It wouldn’t be surprising to see more of various currencies showing up on team jerseys, vehicles etc…

South Korea has been booming hub for cryptocurrency trade over past year. We’d have expected more vendors accepting virtual currency in Pyeongchang province. However, according to Forbes, there is a ski-rental shop near the Olypics village thas is accepting Ethereum as payment. Given cheap transaction fees and “universal” nature of ETH, it’s quite surprising that more vendors aren’t doing the same.

While transacting with virtual currency while traveling could become massive in the future, don’t expect to see much more mentions during this Olympics. Although the fact is, people are in fact using cryptocurrencies during global event like the Olympic games shows the power of the technology.

Luka KovičFebruary 14, 2018


Senior vice president of eBay Scott Cutler is ‘seriously considering’ accepting bitcoin as payment. Payments in bitcoin aren’t implemented in many retaliers just yet, but we could see changes very soon.

Cryptocurrencies are gaining global attention with an accumulated market cap of 416 billion at the time of writing this article. However, due to it’s volatility, which may be great for investors, most bitcoin supporters are largely looking at it as investment, not currency. People are reluctant to spend or transact during a surge.

eBay Incorporated is already offering several bitcoin-related items. From Complete Cryptocurrency GPU minning Rig, to ‘Just Hodl’ hoodie, you can even purchase a collectible bitcoin gift coin. You just can’t pay them in bitcoin.

Yahoo Finance reported on the internet company’s attempts to compete with Amazon. Report based on speculation from eBay officials regarding cryptocurrency payment systems. Scott Cutler, senior vice president told Yahoo Finance in an interview in mid December that the online retalier is »seriously considering« accepting bitcoin, but »we’re not quite there yet.«

The first major retailer to accept bitcoin back in 2014 was Overstock, becoming first billion-dollar business to take the step. They were up more than 320% in the last year, as they were riding the bitcoin wave. Their secret? Taking 50% in U.S. dollars, and 50% in bitcoins, to facilitate transactions, Overstock used Coinbase’s exchange to convert digital currency in real-time.

eBay on the other hand, publicized its plan to discountinue PayPal as a payment option from its webiste, reflecting poorly on PayPal’s stock. EBay users will still be able to process payments through PayPal. These two companies are bound by agreement which ends in 2020.

End of January, eBay announced that it has instead signed an accord with Adyen, an Amsterdam-based payment service company, to become eBay’s primary processor. Adyen is also partner of BitPay, popular cryptocurrency payment platform, which will allow all Ayden clients to use their service. It will be interesting to see, if eBay does make the step in to the cryptocurrency world, which currency will they choose for its platform.

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