Sense Chat is a decentralized apps for iOS, Android app coming soon. Sense Chat is powered by EOS blockchain protocol.

Sense Chat allows users to have private video chats using Smart Contracts, connecting you anonymously and securely with friends without sharing your identity.

This innovative project is the first decentralized messenger app on EOS, providing peer-to-peer connections with zero data storage or centralized intermediaries.

Sense Chat's CEO Crystal Rose, https://www.sense.chat/ - shares her experience getting Sense Chat off the ground. Fundamentals of stratups, Ethereum vs EOS and more.
For more information, please visit https://cryptochainx.com

You can access the podcast on the following platforms:

Youtube: https://www.youtube.com/watch?v=eNy9-eGCzE4&t=129s

Soundcloud: https://soundcloud.com/cryptochainx

iTunes: https://itunes.apple.com/ca/podcast/c...

Spotify: https://open.spotify.com/show/3OEElxI...

John McAfee shares his thoughts on the future of Cryptocurrencies, Bitcoin, Centralized Exchanges, Decentralized Exchanges, Privacy Coins, Security Tokens (STOs) and more.

What is Cardano? Cardano is a decentralized blockchain platform and home of ADA (Cardano) cryptocurrency.

Who created Cardano? The blockchain development company IOHK (Input Output Hong Kong) and Charles Hoskinson created Cardano. Charles is also one of the co-founders of Ethereum, Ethereum Classic and BitShares.

Cardano project began in 2015 and Cardano ADA was officially released in Japan on Sept 29, 2017.

Cardano blockchain Ouroboros is the first blockchain protocol based on proof of stake and there is no mining required as its need in proof of work protocols.

What are the benefits of Cardano?
Scalability - Transactions Per Second up to 10s of thousands of transaction. Network bandwidth required is low. Data Storage
Interoperability - by becoming the internet of blockchains and being able to convert other cryptocurrencies to completely other ones, while abiding with all banking regulations.
Sustainability - is enhanced by creating a treasury or a wallet, that can be used in the future. The Cardano community can store money in this wallet and it's a smart contract that will allow for a future proposal of Cardano improvements by its developers. This proposal will then be considered by the Cardano network. The network will then vote and the proposal with most votes will use the funds to improve the Cardano protocol.

How does Cardano work? Right from the beginning the Cardano team decided to collaborate with the experts in the cryptography field and got their whitepaper peer reviewed by the cryptography experts. This is unlike other projects where the creator or the team writes the whitepaper and moves right into the coding stage.

Cardano is claiming to be the 3rd generation cryptocurrency. Bitcoin was the first generation crypto that started the blockchain revolution with a decentralized blockchain platform. And Ethereum was the second generation with smart contracts.

Cardano’s ouroboros blockchain works on proof of stake. Instead of mining, they divide the transaction and the blocks into Epochs or smaller pieces. Then the network selects the slot leaders that are responsible for validating the epochs.

This way the blockchain is divided and the nodes don’t have to download the whole blockchain. Its called RINA (recursive InterNetwork Architecture), increasing the privacy, transparency and security. RINA also allows Cardano to integrate seamlessly into the current network tcp/ip without hogging the bandwidth required to accommodate 10s of thousands of transactions per second.

Where can you get Cardano? Cardano is currently available at many crypto exchanges. Coinbase is currently exploring Cardano to be added to its crypto offerings.

What can you do with Cardano? Cardano can be used for daily transactions due to the high total supply of $31 billion and faster transaction speeds. These low-cost daily items do not make sense to purchase with Bitcoin or Ethereum because of the limited amount available and the slow transaction speeds.

For further insights and updates on Cardano please visit https://cryptochainx.com

Links:
Binance: https://www.binance.com/en
ProtonMail: https://protonmail.com/

What is IOTA?
IOTA is a open-source, decentralized, permissionless record/ transaction keeping system that’s feeless.

It doesn’t have miners, it can work with the devices that are connected to the internet (IoT) and its highly scalable since the transaction speed decreases the more users it gets.

Who created IOTA?
IOTA was founded in 2015 by David Sønstebø, Sergey Ivancheglo, Dominik Schiener and Dr. Serguei Popov

What are the benefits of IOTA?
The early cryptocurrencies Bitcoin and Ethereum brought the hope of decentralized, permissionless and very low-fee transactions. However, in the past 10 years blockchain based cryptocurrencies have really taken off and their adoption have skyrocketed.

With the high adoption rate, the transaction fees have also gone up, since the cost to validate transaction on a blockchain required more resources.

Speed of the transactions is another issue that needs to be fixed with major cryptocurrencies. Increasing the number of blocks cause “block bloat” which is as the network gets bigger, it gets slower.

Benefits of IOTA:
No miners to validate the transaction means no transaction fees. It's truly feeless.
Faster transactions as the network grows, so IOTA won’t be facing the “block bloat” problem
Low emissions and fewer resources required by the network
It’s quantum attack proof, due to the collective computing power of the whole network will always be more than the computational power of quantum computer.
Built-in immutable contracts within IOTA Tangle.

For further insights and updates on IOTA please visit https://cryptochainx.com

What is NEO?
NEO calls itself future proof smart economy and promises to do much more than smart contracts. NEO platform has two cryptocurrencies NEO and GAS.

Who created NEO?
Neo was created by Erik Zhang and the blockchain development company called OnChain in 2014. At time of its launch in 2014 it was called AntShares, in 2017 AntShares was rebranded to NEO.

What are the benefits of NEO?
Up to 10,000 transactions per second are possible with NEO
NEO platform is coded in Java, C# and Python which makes its easier to adopt than the platforms built with their own language like Soliday or Vyper.
Smart Contracts - Contracts that execute and run themselves based on the rules of the code
In future NEO will be able to execute smart contracts across other blockchain platforms

How does NEO work?
Team behind NEO believes that every assets should be digitized along with the individual identities for legal authentic rights

Neo is a blockchain platform that can host decentralized applications can be built. NEO is capable of doing asset transfers, smart contracts and digital identity verification. However, Neo wants to be more than just a platform, Neo wants to be the Smart Economy of the future.

There are three foundational components to the NEO platform NeoX, NeoFS and NeoQ

NeoX - It allows for cross blockchain transactions
NeoFS - Is the decentralized file storage based on DHT (Distributed Hash Table)
NeoQ - is the cryptographic technology to make NEO quantum proof

The NEO blockchain has two cryptocurrencies NEO and GAS, they both work on proof of stake consensus. NEO unlike other cryptocurrencies cannot be split below 1 NEO (unit).

GAS on other hand can be divided into many smaller units and its responsible for execution of the smart contracts on the blockchain. GAS units collectively make a block and the blocks combined make 1 NEO.

NEO network votes and selects the consensus nodes. Consensus nodes are elected individuals who validate transactions and set transaction fees. If they are not working in the favour of the network, the consensus nodes can be removed from their role. While consensus nodes provide their support they are paid with GAS.

NEO smart contracts consists of NeoVM, NeoContract API and SDK (development tools)

Neo 3.0 is currently in development and according to NEO team in this version they want to further improve the transactions per second. With the support of NeoVM make smart contracts executable on different blockchain platforms.

What can you do with NEO?
NEO can be used in many ways, few of the examples are:
Copyright & IP protection
Digitization of Assets and deployment of smart contracts
Identification digitization
Peer to Peer money lending
Social media
Advertising and marketing

For further information and insights on NEO, check https://cryptochainx.com

What is Monero?
Monero is a decentralized, anonymous and untraceable cryptocurrency that uses three stealth technologies to shield the sender and receivers identity by blocking traceability.

The three technologies that Monero uses to accomplish this are:
Ring signatures
RingCT or Ring Confidential Transactions
Stealth address

Cryptocurrencies like Bitcoin, Ethereum, Litecoin are pseudonymous but not completely anonymous. The transactions made on these blockchains can be traced to its source of origin.

Who created Monero?
Monero’s CryptoNote protocol was initially released on Oct 2013 by unknown author Nicolas Van Saberhagen. At the time of its launch in April 2014, it was called BitMonero. Later, it was renamed by the community to Monero (XMR).

What are the benefits of Monero?
Monero works on CryptoNote protocol which has the following features:
Untraceable payments
Unlinkable transactions
Double Spending proof
Egalitarian proof of work

Monero saw rapid growth during 2016, it became the go-to cryptocurrency for the darknet.
In 2017 one of the major marketplaces, AlphaBay on the darknet was shut down by the law enforcement. Law enforcement was able to see how much Bitcoin, Ethereum and ZCash the owner had, but they were not able to see the amount of Monero in his possession. This shows that Monero’s protocol is more superior than that of ZCash, which also claims to be the untraceable and anonymous cryptocurrency.

Where can you get Monero?
Monero is available at most of the major crypto exchanges. more, where it can be bought with fiat currency (eg. Dollar, Euro, Yenreceiveretc.). Total 15 million coins are currently in circulation, Until 2022, 18 million coins can be mineprotect theand after that, the mining rate will slow down.

What can you do with Monero?
Monero can be used for transactions just like Bitcoin or Ethereum.
Monero can also be mined and requires significantly low computational power than Bitcoin or Ethereum.

For more info Please visit https://cryptochainx.com

Mining

When a transaction between A and B is validated by the P2P network of servers and in return they are rewarded with the fraction of the cost of the transaction. These servers are called Nodes.

Nodes

Block - the transaction information, and other data shared across the nodes goes into the block. There is no limit to how many transactions can be in the block and at the time there is only one transaction in a block, however, there is a limit to how big a block can be. For example for Bitcoin, each block can be up to 2Mb.

The block is hashed and becomes a record.

Each block has all the information regarding the transactions happened and has the hash of the last block as a reference. These blocks are sequentially connected, like a chain. Every new block contains the hash, node information and other details of the last block and its own transaction information.

Now what is Hash:
For example, you take a 100,000-word document or an ebook and hash it, it will provide you with a string of characters and let's say its 32 characters long. This is not random, because if you take the same document and hash it again, it will give you the same cryptographic string of characters. But if you change even a minor thing in it, the sting of character will be different.

P2P network - If any information is updated or changed on any of the nodes within a peer to peer network, the nodes to talk to each other frequently and will update each other.

A new node that connects to the network will have to download the entire ledger on it, and that can take a day or more.

Bitcoin Mining using ASIC

The computers use their processing power to solve complex puzzles and whosoever solves this puzzle fast, gets rewarded with the bitcoin. As more and more nodes join the network the puzzle gets harder and required more computation power to solve the puzzle and the puzzle still needs to solve within the 10 mins per block. Due to this reason, many people join forces and create mining pools and the reward is distributed among each other.

For further details please visit https://cryptochainx.com

In this episode, we will go over the technical terminology used in the blockchain and crypto space as promised in the Ethereum episode.

We will talk about:
Blockchain layers
Wallets
Smart Contracts
Nodes
Fork
Altcoins
Private and public key

For more information please visit https://cryptochainx.com

This is the part 3 of 3 episodes of Moon X. In this three-part series, I will be interviewing the founders Tony Lee and Dr. Nithin Palavalli of the Decentralized Crypto Exchange MoonX.

MoonX is decentralized in terms of the ownership where the investors are also the owners. And in terms of validation of the transactions that will be conducted by the centralized cryogenic servers.

MoonX whitepaper and website: https://www.moon.family/
For further details of MoonX ICO please visit - https://cryptochainx.com/moonx-to-end-rich-get-richer-by-decentralizing-ownership-of-crypto-exchange/

This is the part 2 of 3 episodes of Moon X. In this three-part series, I will be interviewing the founders Tony Lee and Dr. Nithin Palavalli of the Decentralized Crypto Exchange MoonX.

Moon X is decentralized in terms of the ownership where the investors are also the owners. And in terms of validation of the transactions that will be conducted by the centralized cryogenic servers.

Further details on MoonX and the ICO can be found at https://cryptochainx.com/moonx-to-end-rich-get-richer-by-decentralizing-ownership-of-crypto-exchange/

MoonX whitepaper and website: https://www.moon.family/

This is the part 1 of 3 episodes of Moon X. In this three-part series, I will be interviewing the founders Tony Lee and Dr. Nithin Palavalli of the Decentralized Crypto Exchange MoonX.

Moon X is decentralized in terms of the ownership where the investors are also the owners. And in terms of validation of the transactions that will be conducted by the centralized cryogenic servers.

Further details on MoonX and the ICO can be found at https://cryptochainx.com/moonx-to-end-rich-get-richer-by-decentralizing-ownership-of-crypto-exchange/

MoonX whitepaper and website: https://www.moon.family/