Cryptocurrency Africa News

A look at the headlines of late may leave you with a familiar conclusion – with all the ups and downs in the market, it's just too early to take crypto seriously. And it's true, despite the best efforts of even the industry's most notable developers, the world's largest cryptocurrencies remain not just volatile, but difficult (and risky) to use, at least in a way that their creators' intended. Still, heading into 2018, enthusiasts the world over are hard at work on improvements. As such, there's optimism advances could start to compound, creating a user experience that finally starts to transcend the issues – namely, the high fees and long wait times – users of most blockchains have become all too accustomed to. In fact, in the year ahead, blockchain users could see exciting new features and scientific firsts that just might help push the industry closer to that vision: 1. Off-chain channels What if it was possible for blockchain-based tr

The term dark pool might sound ominous, but investors think building one could prove to be a boon for the crypto market. Announced today, Republic Protocol has officially completed an initial coin offering (ICO) for its REN token, raising 35,000 ether (roughly $30.5 million at current prices) from lead investors Polychain Capital and FBG, as well as funds like Huobi, Hyperchain Capital and Signal Ventures. Along with retail investors, the participants above are betting big on a way to execute large trades without spooking the market. At least, that's the argument advanced by Taiyang Zhang, CEO of Republic Protocol, who sees the project as a trustless alternative system for crypto trading. Zhang told CoinDesk: "One of the biggest problems is there is a huge price slippage with any of these cryptocurrencies, especially when you are trying to trade large amounts." In other words, if a whale goes to move an unusually large quantity of bitcoin or ether

What is the purpose of Redvolution ?  Redvolution's main goal is to create an innovative and multiplatform "wallet" for the different ERC20 tokens on the Ethereum blockchain. It will implement different communication features such as P2P public messaging, channels and some other projects which will remain undisclosed for now. Why did you create a token ? This token has three uses : first, it is the fuel that can be used for our wallet (examples : a small amount of REDV must be sent with each message in order to avoid spam, buying/selling channels). Second, this token can be traded on the different marketplaces and, thus, allows the developing team to get funds in order to run this project (we didn't raise funds through an ICO and airdropped the tokens). Finally, there is such a hype around tokens and cryptocurrencies lately : issuing a token raises awareness about the project that is behind. Why a dedicated wallet ? An easy-to-use and secured wallet allows you to hav