This Week in Crypto

This Week in Crypto
“The market is NOT here to serve, so do your best NOT to serve it”.

There are a few new things to be aware:
• The ICO for EOS started this week
• Emergence of TenX
• Minergate App
• Steemit.com
EOS
What is EOS? EOS is a network that has generalized protocols implemented in available for programmers as opposed to Ethereum which is open for all protocols but nothing is preassembled so to speak. So to break this down in a way that might be easier to understand: Ethereum is like the Internet, where any one can have any type of website if you know how to build it. EOS is like Bluehost in which you don’t have to be a computer programmer in order to create a generic website. EOS makes it easier for programmers to create Apps as Bluehost does websites for the everyday individual. Participating in the ICO for EOS is not a simple process and is generally only advisable that people who have the Linux system and are familiar with the ins and outs of the Cryptocurrency, however it will be a yearlong ICO, the first of its kind.

TenX
TenX is a new debit/credit card system that allows you to use your Crypto to make purchases anywhere Visa and MasterCard are accepted. I like this card over the Token Card and others for a few reasons. For one, you have the choice of having a physical card of digital one, the card is only $15 if you want one and you don’t need to setup any type of bank account. TenX also has a feature in which you can lock the use of the debit card when you want and turn it back on when you want. It also offers you the opportunity to use a wider range of Crypto than its competitors. Currently you are able to use Bitcoin, Ether and Dash while others only allow you to use Bitcoin. They have plans of being more inclusive in the near future.

Minergate
Minergate allows for those interested in crypto mining who may not want to invest in buying nodes or having your computer just run for long periods of time, you can now mine right from your smartphone by downloading the miner and it’s very simple to use. You can make money buy literally not doing anything just allowing your phone to be used for computation.

Steemit.com
Steemit.com has now reached 200k users and acquired 45k new users just in the last month. If you aren’t familiar on Steemit you are compensated for the content you provide. Steemit has developed its own crypto eco-system as well as its own crypto called Steem. This is as revolutionary as Blockchain and Ethereum are. If you have a large enough following that participates on commenting and upvoting your post, one could live off of Steemit.com depending on one’s means.

This week in Crypto, CryptoCannon