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ILCoin gets listed on Coinmarketinfo-Another step towards greater transparency

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Source: Drofa

ILCoin, a cryptocurrency that’s been around since 2015, has been on the news a lot lately. After the hard fork that took place earlier this year, it is returning to the market with its brand new quantum-resistant C2P protocol. Currently, ILCoin HQ is busy renewing and making agreements with listings and exchanges, including Bit-Z, DigiFinex, CoinTiger, FUBT, and IDAX.

The project’s team has recently announced that Coinmarketinfo.com – a listing and data aggregation website for cryptocurrencies-has updated the information about their project.

The importance of transparency

Today, transparency is the new trend in the crypto world. The mass birth and subsequent embryonic death of numerous ill-thought out and scam ICO projects in 2017-2018 resulted in the rise of distrust of the cryptosphere-and, as a result, strict regulations enforced by governments. Investors became more experienced and skeptical.

So it’s been a challenge for serious projects to enter the playing field and/or stay in it.

Norbert Goffa, the executive manager of ILCoin, commented,

“The big amount of valueless tokens and the stillborn ICOs started a selling wave. This is the reason why a bad reputation of cryptocurrency has been developed.”

One of the ways of earning more transparency and visibility is getting listed on trusted crypto data aggregation sites with accurate and detailed information. For most projects, it is no less important than appearing on exchanges.

It is also a good chance to get seen by the investors so they could easily access all the data on the currency and its performance in the market – and make an informed investment decision. After a recent update Coinmarketinfo’s website now lists more precise and detailed information about different cryptocurrencies, ILCoin included.

On ILCoin

ILCoin is a modern alternative of Bitcoin, but much more adapted to the modern crypto world. From the very beginning, the team has been betting on transparency and cutting-edge technology rather than pretty marketing and managed to achieve impressive results.

Goffa added,

“Сryptocurrencies needs sustainable technology. SHA-256 is a base that has more business potential than assumed by most people. ILCoin is best SHA-256-based cryptocurrency at this point”.

The main features of the coin are:

  • SHA-256
  • PoW + C2P consensus
  • quantum resistance
  • 25Mb block size
  • transaction capacity reaches 170K TX per block
  • 2.5 billion coins will be available in total
  • own smart contracts [in development]

New C2P consensus

The aim of the recent hard fork was to protect the cryptocurrency from 51% attacks and ensure the quantum-resistance of its blockchain. In order to do that, ILCoin dev team had to rewrite the core code from scratch. As a result, a one-of-a-kind C2P consensus was born. C2P is a multi-layered system based on different node functions and two-level system of digital signatures.

It is designed in a way so it does not slow down the system – on the contrary, the well thought-through architecture lets ILCoin perform up to 170K transactions per block.

ILCoin also supports a convenient wallet for all popular platforms. Web, Android, Windows and Mac versions are currently available. The wallet has a blocking mechanism to protect the owner from the theft of coins in the case if losing access to the wallet. Block Explorer is another service ILCoin offers: it allows its users to monitor transactions and network statistics.

Joining Coinmarketinfo and future plans

In 2019, the company aims to achieve even greater technological advances. Norbert Goffa shared with us his prognosis,

“By the end of this year, we will complete the development of our own smart contracts and this step will make ILCoin the most modern and universal cryptocurrency on Earth in every term”.

The coin’s community is growing at a steady pace, as it is getting more and more followers on social media. Even though marketing is not the main vector of the company, having a strong community around the coin is vital for success.

Listing on Coinmarketinfo is another step for ILCoin on the way to achieving greater visibility and, therefore, earning more trust of the crypto community. Right now, the listing website makes it possible to see all the exchanges where the projects’ ILC coin is being traded, all the volumes and trading pairs.

For more information on ILCoin feel free to check out the official website and join ILCoin Telegram community.



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Remitano presents more than 30 different languages, cross 5 continents, one love for crypto

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Remitano presents more than 30 different languages, cross 5 continents, one love for crypto
Source: Remitano

In celebration of over 10 years of cryptocurrency history, Remitano has brought together more than 30 individuals from five continents to share a simple, one-liner of expressing their cryptocurrency of choice. The clips were sourced and put together in a special video that Remitano feels encompasses the spirit of blockchain – borderless and transparent.

It has been a decade since the first ever cryptocurrency, Bitcoin was mined. The early adopters were few and far between, and fewer imagined that it would’ve turned out to be as huge as it is today.

Cryptocurrencies have come a long way. Since Bitcoin was created by Satoshi Nakamoto, over a thousand more have sprung up and commands billions of dollars worth of market valuation.

The original intention of Bitcoin has always been as a peer-to-peer method of financial transaction, the foundation by which Remitano was created.

Remitano first began operations in 2015 by serving Vietnamese people. It was the first peer-to-peer exchange of its kind and was exactly what many crypto enthusiasts and traders desperately needed back then. It rapidly grew and became the platform of choice for people looking to buy or sell cryptocurrencies, especially in emerging markets.

The clips from “I Love Crypto” video campaign were contributed from people living in countries speaking in multiple languages – Mandarin, German, Thai, Indonesian, Ukrainian, Albanian, Arabic, Armenian, Malaysian, Bosnian, Bulgarian, Burmese, Cantonese, English, Croatian, Russian, Japanese, Spanish, French, Gujarati, Hindi, Igbo, Korean, Italian, Khmer, Persian, Portuguese, Polish, Macedonian, Turkish and Vietnamese.

This campaign exemplifies the future of blockchain, one that is truly borderless and where people everywhere are able to make financial transactions instantaneously across different continents without going through any centralized banking system.

A decade ago, the first ever transaction of Bitcoin was a peer-to-peer payment between two people for a box of pizza that cost 10,000 Bitcoins [close to $74 million dollars as of today’s value].

Today, millions of people all over the world trade cryptocurrencies anonymously, transparently, and securely. And many of them have Remitano as their go-to platform to buy and sell cryptocurrencies to fiat, and vice versa.

About Remitano

Remitano is an escrowed peer-to-peer cryptocurrency marketplace that enables traders to buy and sell digital currencies easily, quickly and safely. The platform is used in over 30 countries and rapidly growing, including the United States, China, Australia, Malaysia, Nigeria, Vietnam, Cambodia, and many more.

Remitano charges the lowest fees compared to other major players in the market while providing a seamless trading experience and assisted by friendly customer support 24/7. Remitano’s team comprises of industry experts and banking professionals with extensive experience in financial products, digital currencies, payment systems, and Agile software development.

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