cyber•Fund Invest News. 2015 week 41

BitShares 2.0 is here — a quick overview; Augur released Crowdsale Report; Ethereum’s dev updates; satoshi•Fund’s weekly performance


satoshi•Fund Portfolio


On October 9, our Portfolio increased by +0.17 BTC and +500 USD. But this increase is not enough to nullify losses of the previous 4 weeks (-12 BTC and -2,500 USD)

Portfolio Week Performance
Portfolio vs Bitcoin, Performance in 2015, USD
Performance in 2015, BTC

After a rapid growth at the start of trade the Factom price fell down, and at the time of writing the post the price was lower than on crowdsale. So we made a right decision to sell 70% of our tokens with ~100% profit.

A share of funds received from the sale of Factoids we used to buy Crypti. To my mind, Crypti is one of the most underappreciated assets with a market cap of just ~$300k-$400k. However, this project is quite innovative and in my opinion its fair capitalization should be not lower than $1M.

Also last week we increased a volume of the CFUND tokens in our Portfolio to enable further development of the project. So satoshiFund got additional 2,142 CFUND tokens at price of $0.3 per token. About a valuation of these tokens you can read in cyber•Fund Invest News. 2015 week 36.

More details about the portfolio structure and performance you can find in the Portfolio Performance Table.


From the Cyber Battlefields


BitShares

Finally BitShares launched version 2.0 of the network based on the Graphene Toolkit!

BitShares 2.0 statistic

Here are some of my observations made after the launch:

  • The network works very fast: it takes ~3 seconds to produce a block and 1.5 seconds to confirm
  • Low quantity of the Active Witnesses (only 31 at the time of writing the post)
  • Some bugs in the software prevent general public from using new wallets (a launch of the new accounts doesn’t work, an import of the existing accounts is not smooth)

Despite the bugs and difficulties, the new version is gorgeous! BitShares developers are working on solving problems very fast and I think that in the next few days we will see a smooth migration to BitShares 2.0.

Dima Starodubcev: What is really exciting about new BitShares is that the underlying technology, Graphene, enables the real-time blockchain apps. At this point apps’ scope is limited to the assets issued by users and to smart coins (former bitassets). But revolutionary self-governance model allows to evolve the network easier than it was before. BitShares 2.0 is fast, intelligent, and scalable, a true breakthrough in the blockchain space.

The latest versions of the new clients you can find in BitShares 2.0 GitHub repository.

Augur

The Project published its crowdsale report detailing the financial results. Also there is plenty of other useful information in their blog post. Here are the most interesting bits:

  • Time of the distribution of the REP tokens is not determined
  • The project has opened a third-party API
  • A general plan for addressing referee-related scalability issues is presented
  • Two major cryptocurrency exchanges have expressed interest in listing REP tokens on their exchanges when they go live in Q1 2016
  • Augur initiated an independent R&D initiative earlier this year named ARGUS, an Artificial Intelligence (AI) / Natural Language Processing (NLP) / Machine Learning (ML) referee/reporter-assistant system. It could massively increase a capacity of referees to report on vast amounts of the predicted outcomes of the events
  • Augur is moving toward partnership with IBM Watson, the Artificial Intelligence division of IBM, on development of the closed-source alternative to the open-source ARGUS as a “referee helper/recommender” application
  • The project has also got a strong interest from European financial institutions. Four major banks — three from Luxembourg and one from Spain — have been actively considering participation in it. Three Luxembourg-based investment funds and startup incubators have been considering investment in Augur non-profit platform or a widely anticipated for-profit spin-off
  • The government of Luxembourg, through the Economic Ministry, has said it is ready to support a for-profit spin-off of Augur. Luxembourg’s financial regulatory authority, the CSSF, has determined that Augur is not under its jurisdiction and is therefore not subject to any financial regulation and that could have significant EU-wide implications.

Bitcoin

Blockstream in collaboration with the partners announced Liquid, a first production sidechain.

Liquid will improve capital efficiency and market liquidity by facilitating rapid and secure transfer between accounts held at any participating exchange or brokerage. The initial partners include Bitfinex, BTCC, Kraken, Unocoin, and Xapo. Liquid operates separately from Bitcoin but is ultimately ‘pegged’ to the digital currency.

It aims at reducing a time to move funds between exchanges from 60 minutes to seconds. Liquid is going to be launched in Q1 2016.

More details you can find in Blockstream’s blog post.

Ethereum

From the last week Ethereum has started to release a semi-weekly updates. The most interesting from the Ethereum Dev Update 2015 / Week 41 is that a wallet for the Mist browser will be rolled out next week.

cyber•Fund News


We continue to develop our application and we need your feedback!

Try out our:

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Also I remind you that everybody can improve the web pages of any blockchain system that we have on our site — cyber.fund — via chaingear repository!


Be calm and patient, analyse, think long-term and profits will come!


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Also a lot interesting information you can find in my previous post

cyber•Fund Invest News. 2015 week 40