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India’s Native Blockchain Protocol Launches Testnet

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One of India’s homegrown blockchain protocol, Eleven01 launched their testnet on Tuesday. The testnet is ready for real-world use in both public and private workloads. The eleven01 testnet will provide users with an ecosystem to create, publish, and extend the core blockchain services offered through the platform in India.

Earlier, Crypto-News India had reported on eleven01, when the company had held a press conference on the sidelines of the International Blockchain Congress, which was organized in August last year.

At the time, we had asked Rama Iyer, the then CEO of Eleven01, given the computer illiteracy in the country, how would one explain blockchain to people in rural areas. He said, “Although that is a good question, Digital India has reached corners of India where it was not possible before. In today’s time, rural Indians are extremely tech-savvy and explaining blockchain technology will not be very difficult.”

Now it appears, the company has made some significant strides in the field of blockchain technology. Speaking on the launch of the testnet, Ausaf Ahmad, the Chief Executive Officer (CEO) of Eleven01 said, “We are very excited about the launch of Eleven01’s testnet. It has been a critical milestone to complete and enables the project to start onboarding dApps and gain direct customer feedback. Our team has been busy working on the platform seeking to improve on existing protocols in the market and engage the developer community. We have two key launch partners: KhethiNext, a growing agritech startup, and DocsInBlock, a financial documentation blockchain project, to start using and deploying the code to test run the platform.”

The testnet is designed to make it flexible for use among the development community, which is why it supports Solidity which is an existing smart contract programming language.

Ahmad added, “With the launch of the testnet, the developer community is showing great interest in Eleven01 as a resource for building and learning about blockchain technology. And we have received an overwhelming response from the community along with valuable feedback for the testnet.”

Interestingly, eleven01 intends to tie up with Genesis Hack, which is the ongoing hackathon event under the International Blockchain Congress aegis.

Source.crypto-news.in

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Bitcoin

TRON (TRX) Long-Term Price Forecast- February 17

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TRX/USD Long-term Trend: Ranging

Supply zone: $0.0400, $0.05000, $0.0600
Demand zone: $0.01000, $0.00800, $0.00600

Tron long-term outlook remains in a range-bond market. The bears return predicted in last week analysis remained strong within the range. The two EMAs were broken as the bears continue the downward journey.

TRXUSD dropped initially to $0.02448 and later to $0.02360 in the demand area. This was the low of the week on 14th February.


With price below the two EMAs crossover and the stochastic oscillator signal in the oversold region pointing up at 8%. It suggests a minor push to the upside before downtrend continuation within the range.

TRXUSD is in consolidation and trading between $0.02881 in the upper supply area and at $0.02142 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area followed by a retest may occur hence patience is required to allow this to happen before a position is taken.

Source.bitcoinexchangeguide

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Blockchain

New Ripple Insights Post Shows New Generation Of Blockchain Workers Getting Support From Fundação Getúlio Vargas In Brazil

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New Generation Of Blockchain Workers Receives Necessary Support And Education From Fundação Getúlio Vargas In Brazil

Blockchain technology is growing every day, and the only way to keep up the pace is to have new developers learn the technology and seek out ways to improve it. However, before that innovation can happen, the industry needs more people that understand blockchain technology, which is what Sao Paulo’s Fundação Getúlio Vargas (FGV) is working towards.

FGV is one of the leading universities in Brazil, and they offer the University Blockchain Research Initiative, which was recently developed by Ripple. Professor Riccardo Rochman of the university spoke with Ripple on a recent issue of their Insights blog to discuss the way that their Crypto Master’s Program is readying blockchain entrepreneurs and leaders for the future.

The topics of blockchain and cryptocurrency are necessary research topics in Brazil, considering the role they play in the evolving economy. In Rochman’s opinion, blockchainhas the potential to overthrow the current protocols that exist in business and economics, ultimately empowering the people of Brazil.

Presently, the Brazilian Development Bank (BNDES) uses blockchain and a proprietary cryptocurrency as a way to fund local businesses. Considering this use case, Rochman pointed out that the new paths being made for blockchain technology will make the environmentally friendlier and needier of the new workers and entrepreneurs with a fresh take of the fintech.

A major part of this future vision is UBRI, which Rochman says is helpful in bringing in more students to the program. In fact, he has noted that there has been an increase in the number of research proposals on blockchain, along with new dissertations.

With the funding, FGV has been able to work with private firms as well. They have also been responsible for the networking that has been set up with other UBRI-funded universities. The cooperation of these networking relationships is now is what will pivot the blockchain community forward. Last year, Rochman even was part of the launch of the Master’s Degree in Crypto Finance, which had never been done before now.

When the program originally began, there were about 20 that enrolled in the first course that they made available, while 250 joined the Master’s Program. The numbers have grown exponentially since then, and there have been many new students immediately enlisting in the program. Rochman views the work that the university is doing as a way to change Brazil and eventually the rest of the world.

Source.bitcoinexchangeguide

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Glitch Goons Is The Newest And Hottest Blockchain Powered Game In Town

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One of the first multi-blockchain technology supporting mobile games of its kind, Glitch Goons is a definite win when it comes to blockchain technology progressing. It features very futuristic elements such as a “vaporwave saturated atmosphere” and insane cyborg slash animal slash human characters engage in glorious battle to survive on a dying world.

 

The game which was released in late 2018, supports a wide variety of crypto technology. supporting a whole range of cryptocurrencies.

The premise of the game is simple. It is set on Earth in the year 2690 where nuclear war has resulted in most species being wiped off Earth. Now the survivors live underground where life is hard due to a lack of oxygen and water. In order to survive, they must battle other survivors in order to make it to a newer colony on a distant planet called Garthorix.

To make their way to the transport system called the ‘Transposition Channel that transfers human minds to a selected ‘carrier’s’ body on Garthorix.

This 80’s inspired trailer is giving us major Mortal Kombat and Street Fighter feels, very reminiscent of the popular retro gaming vibe.

The official Glitch Goons website also features a brief look into the backstory and history of the entire realm and also has comics.

This fighting game also allows players to upgrade and customize their characters through cyrpto coins and 1 GC equals around 0.005ETH.  Although the game play isn’t the best, the story and the applications of blockchain inspired technology makes this game worth playing.

Other than different characters, players can also buy chests that contain 5 items each, ranging from rare and legendary gear which includes armor, boots, weapons, helmets, pants, jewelry and even modification chips.

Source:blockpublisher
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