BitShares - Bitcoin

About MassGrid

I am sure most people were like "Wtf is this shit" when they first saw the MassGrid partnership was announced. So I am going to try my best to create a tunnel between these East and West information silos for you guys.
First, most people probably managed to find the one and only English article on MLGBI (Massive Linked Grid Based Infrastructure) that is about to be re-branded into MassGrid and launched with a LoMo partnership.
As the article mentioned, MGLBI was very famous in China for its meme name at the beginning. What made this story extra interesting is that it turned out to be a very legit project and backed by a well-known Chinese angel investor Charles Xue (who has his own wiki page)
Essentially MassGrid is a currency that uses the PoW algorithm to provide computational power to "meaningful" tasks such as AI, data mining, etc. Similar to Golem but MassGrid is its own blockchain.
The other massive backers include Li Xiaolai, one of the biggest and earliest BTC miner from China, reportedly owning over 100k BTC at one point. He is now a well-known angel investor.
Frank Lee is also a core member of MassGrid. Frank Lee was a big miner for LTC and at one point was responsible for over 50% of all LTC mining power in the entire world. Frank Lee was the one who announced the new name MassGrid to the Chinese community.
MassGrid coin has reportedly been trading in peer to peer market @ 50x of ICO already in the Chinese community. ICO price was 0.2 RMB (0.03USD)
Finally, CEO of LoMoStar, Fei Xiong is also a backer in the MassGrid project. As some of you might know already, Li Xiaoli is a close associate with FeiXiong and Frank Lee as they co-founded a mining company before.
It is only logical for miners to be backing a project like this. Their core competency is generating computational power after all. Why not put it to a more "meaningful" use case?
What this means for LoMo? My opinion is that this will obviously bring a lot of attention to the LoMo community in China. In my opinion we have barely seen the tip of the ice-berg of how influential FeiXiong is in the Chinese blockchain community.
So yeah, go participate in the airdrop, these tokens might actually worth a lot in the future.
submitted by neo5eva to lomostar [link] [comments]

Bitcoin 'price will follow' says analyst after ... The Buzz on Bitcoin - Wikipedia - YouTube QubitTech - Interview with CEO, Greg Limon - YouTube An Unbiased View of Bitcoin - Wikipedia - YouTube Bitcoin blasts through $13K following PayPal’s entrance ...

Gemeinsam präsentierten sie den Plan Li Xiaolai, einem chinesischen Bitcoin-Tycoon, der sich bereit erklärte, die Entwicklung zu finanzieren. Am 4. Juli haben sie eine Firma namens Invictus Innovations gegründet. Wenige Monate später präsentierten Hoskinson und Larimer im Oktober 2013 das Konzept von BitShares auf der Atlanta Bitcoin Conference. ProtoShares . Larimer wollte Bitshares X ... Siacoin (SC) is the cryptocurrency used to buy and sell storage on the Siacoin platform. Siacoin uses a Proof-of-Work (PoW) consensus protocol incorporating BLAKE2b as its hash function.. The coin is created through proof-of-work mining with a target block time of 10 minutes to prevent Sybil attacks and to secure the network Siacoin plans to utilize a proof-of-burn algorithm to manage ... Bitcoin. comments; other discussions (3) Want to join? Log in or sign up in seconds. English; limit my search to r/Bitcoin. use the following search parameters to narrow your results: subreddit:subreddit find submissions in "subreddit" author:username find submissions by "username" find submissions from "" url:text search for "text" in url selftext:text search for ... Der BitFund-Gründer und bekannte Bitcoin-Halter Li Xiaolai sagte, dass er aufhören werde, persönlich in Blockchain-Projekte zu investieren. Stattdessen konzentriert er sich auf eine berufliche Veränderung. Der Gründer von BitFund, Li Xiaolai, hat der Krypto-Welt scheinbar den Rücken gekehrt, nachdem er angekündigt hat, dass er nicht mehr in Blockchain-Projekte investieren wird. Die ... BitFund founder, INBlockchain, founder, Decentraland, Advisor, Zcash, investor, Qtum, backer

[index] [13120] [5397] [32559] [31145] [15701] [8689] [43855] [5533] [49146] [39605]

Bitcoin 'price will follow' says analyst after ... for the complete story Interview with Greg Limon, CEO QubitTech The short story for passive folks 1. 250% which is 150% ROI -... Téléchargement gratuit du logiciel Crypto Mining: Link 1: Link 2: Microstrategy CEO Michael Saylor said he will hold his company’s Bitcoin ( BTC ) for 100 years, and has no intention of selling it. On Aug. 11, the business ... Bitcoin ( BTC ) has already hit an all-time high this week, according to one price measurement from popular statistician Willy Woo. In a series of tweets on ... Descarga gratuita del software Crypto Mining: Enlace 1: Enlace 2: