BUYTEX is an innovational platform where you can exchange cryptocurrencies - page 13.

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German Bank Partners With Singapore Fintech Consortium on Blockchain

Ten31, the FinTech arm of Germany’s WEG Bank, has partnered with Singaporean technology incubator, Anquan Capital. Partnership will involve exploring blockchain applications within the context of banking and financial services.

Anquan Capital already has launched a number of distributed ledger technology, or DLT, firms, including Zilliqa and Anqlave.

Ten31 chief executive, Matthias von Hauff, stated:
“With Anquan as a shareholder, we have added yet another ideal partner to our network. Not only do we benefit from their excellent technologies, but we also secure a spearhead in the Asian region in the long term.”

The collaboration appears poised to see WEG’s Ten31 provide digital asset custody services for Anquan affiliates — with Anqlave offering custody solutions to enterprise clients.

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Dear partners!

🔄 Today we updated the personal account of BUYTEX Network!

✔️ Now in the “My Team” section you can see the e-mail addresses of personally invited partners and from which countries the partners are in the team.

Also, countries are now visible in the binary structure!

We are constantly working on improvements and do everything for your comfort!

Best Regards, Buytex Team

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Visa Files Patent Application to Create Digital Currency on Centralized Blockchain Network

Visa has filed a patent application to the U.S. Patent and Trademark Office (USPTO) to create digital currency. According to a post on Forbes, Visa will create the digital currency on a centralized computer using blockchain technology.

As a result, its shares continued scaling higher after closing yesterday trading at $180.90, approximately 2.15%. The company has experienced an increase in daily users, due to the coronavirus pandemic, which is pushing people to adopt plastic money.

The filed patent applies to digital dollars as well as other central bank digital currencies such as the pound, euros. It was initially filed back on November 8, 2019, by visa, however, the process took time to move into the next step.

💬 Company said: “Each year we seek patents for hundreds of new ideas. While not all patents will result in new products or features, Visa respects intellectual property and we are actively working to protect our ecosystem, our innovations and the Visa brand,” said Visa’s spokesperson".

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Bitcoin Might Crash Due To Miner Capitulation

The Blockchain Opportunity fund manager and CEO of Blockware Solutions Matt D’Souza has expressed his opinion of the coming Bitcoin price crash should the next rally fail to gain traction. The reason – massive cryptocurrency sell off by miners who constitute 30% of the network hashrate. By his calculations, with the price being at $8500 after the third halving, some 30% of the current hashrate is being supplied by ASIC miners operating at a loss. With Bitcoin mining profitability dropping, miners may have to start selling their BTC reserves to “stay afloat”. From D’Souza’s observations, lots of miners are already going offline.

It’s worth noting that the halving event has led to Bitcoin miners getting 44% less rewards for each block and the total network hashrate drop by 16%.

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BUYTEX Exchange Pros

We would like to iterate once again about the advantages BUYTEX exchange offers:

🔸 Lightning fast transactions and order fulfillment;
🔸 Unique partnership program and flexible listing conditions;
🔸 Cutting-edge security for storing user funds and data;
🔸 Proprietary exchange token BUX;
🔸 Built on cutting-edge IT and Blockchain technologies;
🔸 Frequent updates and steady growth;
🔸 Stable operation and 24/7 tech support;
🔸 New trading tools integration.

Stay tuned to our project’s news!

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BUYTEX Network Celebrating Its First Anniversary

Today marks exactly one months from the launch of the BUYTEX Network project!

Over the course of this past month we have been hard at work promoting the project, and we are happy to say that some of our BUYTEX Network partners have already achieved outstanding results in such a short amount of time.

We have gone tremendous lengths to launch the BUYTEX platform, and today this process is at its nearest to the culmination: we’re finalizing the tests of all systems, the BUYTEX.IO website is already open to the general public and very soon we’ll open user registration.

Our partners already enjoy 24/7 technical support, have access to the advice and experience of our project’s leaders, and convenient tools for finance in the dashboard on the BUYTEX Network website.

We are rapidly developing in a lot of regions of the world, and the first month has demonstrated that everyone has the opportunity to make money with BUYTEX.

💙 Stay tuned! More interesting stuff ahead!

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Bitcoin Outlives Website First To Prophesize Its Death

The “death” of Bitcoin since its inception has been announced several hundred times by the media, however, the first cryptocurrency was not only still alive, but also survived the very site that first predicted its sunset. It's about the Underground Economist website, which predicted Bitcoin's death on December 8, 2010, when it cost $ 0.23.

Now, Underground Economist has gone offline, although the article itself can be found in the archive. And Bitcoin continues to live and is preparing for the third halving.

This year, the first cryptocurrency was also once declared “dead - in early March, Bank of England manager Andrew Bailey warned investors that they needed to be prepared for the loss of money, since bitcoin has no intrinsic value.

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⭕️ The third halving of the most famous cryptocurrency has just commenced!

Experts and analysts are unanimous in their opinion: the post-halving cryptocurrency market will never be the same!

📍 By the way, the upcoming transformation of the market will be further facilitated by another event in the crypto-space that is soon to take place – the launch of the BUYTEX exchange!

After the first halving in late 2012, the price on Bitcoin rallied from $11 to $1100 dollars per coin, and the second halving ushered in the most extraordinary bull run to $20,000 per coin. Based on this data, lots of experts forecast a surge in value for BTC, followed by altcoins.

☝️ The innovational BUYTEX exchange is capable of satisfying the rising demand for cryptocurrency and financial services among crypto holders by providing them with a simple and convenient cryptocurrency trading platform!

Now the exchange is running pre-launch tests. Stay with us and stay tuned to our news! Lots of interesting things to come!

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Staking Ethereum 2.0 will be launched in the third quarter of 2020

The staking mechanism in the Ethereum 2.0 Beacon network with a probability of 80-90% will be activated in July this year, said Ben Edgington, the developer of the ETH 2.0 Teku client.

“Beacon is the beginning of the journey. This is the self-sustaining Proof-of-Stake chain. It can be activated in a few weeks or months. But I’m 80-90% sure that they will launch it by the third quarter” Edgington said.

The Beacon Chain is the main element of the zero phase of Ethereum 2.0. In it, users will be able to stake their assets to ensure system security and generate passive income.

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Microsoft wants to "read people's brain waves" to mine cryptocurrency

Microsoft has proposed a method to generate cryptocurrency by monitoring people's brain activity. A new patent titled "Cryptocurrency System Using Body Activity Data" describes how a person could attach various sensors to their body to earn cryptocurrency through a mining.

Mining cryptocurrencies like bitcoin typically involves devoting vast amounts of computer processing power to solve complex mathematical problems.

Microsoft's patent sets out an alternative option for mining cryptocurrency by instead doing it through a "human body activity associated with a task" and monitoring the outcome with biometric sensors.

"For example, a brain wave or body heat emitted from the user when the user performs the task provided by an information service provider, such as viewing an advertisement or using certain internet services, can be used in the mining process," the patent explains.

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Blockchain jobs are the highest paying tech roles in the UK

Digital lender, Capital on Tap, released figures that reveal Blockchain-related jobs offer the highest-paying salaries among all disruptive technology businesses in the UK.

According to the UK-based firm, Blockchain has an average annual salary of GBP 75,000 (around $93041 USD). They also showed that the industry provides 544 permanent jobs throughout the country. The study highlights that disruptive technology is becoming an emerging force that is adhering to all industries, from virtual reality to 3D printing.

Technological innovations are transforming the modern society, bringing more comfort and convenience into our lives.

BUYTEX is keeping up with the trends, and we're committed to using cutting edge technologies.

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♨️ Our project now has a Telegram chat and channel in Vietnamese

We are convinced that our presence in this region is very important for the project and that’s why we commit to making the user experience with BUYTEX as convenient as possible to all our partners across the globe.

➡️ Join us:

🔻 Network
https://t.me/buytexnetvn_chat
https://t.me/buytexnetvn

🔻 Exchange
https://t.me/buytexvn_chat
https://t.me/buytexvn

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BUYTEX is expanding its reach!

Our project now has a Telegram chat and channel in Russian. More people will have easier access to the news and information about the BUYTEX project.

🔺 Join:
Exchange Channel https://t.me/buytexru
Exchange Chat https://t.me/buytexru_chat

Network Channel https://t.me/buytexnetru
Network Chat https://t.me/buytexnetru_chat

Ethereum 2.0 emission will not exceed 2 million ETH per year

Vitalik Buterin announced the expected reduction in the annual Ethereum issue from the current 4.7 million coins to 100 thousand - 2 million after switching to the Proof-of-Stake consensus algorithm.

Buterin explained that the rejection of Proof-of-Work in favor of Proof-of-Stake was due to the desire to reduce inflation in the blockchain and reported on the possibility of situations where, during a period of a large number of transactions due to the burning of part of each commission, the total supply of ethers may even decrease.

Another feature during the transition to stage 2.0, according to him, will be a change in the size of blocks in response to fluctuations in network activity, whereas now it is regulated by adjusting the cost of gas.

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Blockchain co-Inventor offers his view into Satoshi Nakamoto’s background

🔸 In a recent Cointelegraph interview, Stornetta shared some possible insights into Nakamoto's background.

🔸 Stornetta tends to believe that Satoshi was rather an individual than a team. He discounts the argument that in order to create Bitcoin, one would have needed to be knowledgeable in too many disciplines — being a cypherpunk would have been enough. The genius of Satoshi does not lie in any particular discipline, but is rather of the eclectic nature — the ability to arrange disparate pieces into a beautiful mosaic.

🔸 He is also of the opinion that despite the founder’s Japanese name, Satoshi, likely was a Westerner residing in the eastern United States. He is basing the latter assumption on the timestamps of Satoshi’s emails.

🔸 Both Stornetta and Satoshi have apparently spent a lot of time and effort on solving one of the crucial problems of a decentralized system — how to instill consensus into a network made up of participants with misaligned incentives:
“I was impressed with Satoshi that he also grasped how crucial it was to solve the incentive problem among the participants, that's the kind of thing that made him feel like, you know, we could have been peers, like he wrestled with the same issues that we wrestled with.”

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📌We want to share with you the «Marketing and fees» presentation of BUYTEX exchange.

🔗Stay tuned to our news, the most interesting is yet ahead!

📚https://drive.google.com/file/d/1lYxV_GZk8ydDag2gQvLhFhTsGHVF3S55/view?usp=sharing

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🚀 We believe that every project needs to have an innovative idea, but it takes a strong team to bring that idea to reality.

💎 BUYTEX has both – a brilliant idea and a team of like-minded professionals who are building it to last. Today we would like to introduce to you our CMO - Anshel Gear.

⭐️ Anshel a strong expert in PR, advertising and marketing, crypto-investor and crypto-entusiast. He has in his portfolio a lot of successful projects, including financial projects and projects in the field of cryptocurrency.

👍 Anshel will be glad to add you in his contact list on his private Linkedin: http://www.linkedin.com/in/anshel-gear

⏯ https://youtu.be/r4CRcFQw75k

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📅 Dear partners, a new month has begun, expect it to be very interesting, especially because of the Buytex exchange launch!

♨️ We may be just at the start of our journey, but last month a lot of leaders managed to reach outstanding results.

🚀 Our congratulations! This is only the beginning, the best is yet to come!

We wish you tremendous success with Buytex Network!

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No global central bank Is working on retail digital currency use

A recent report by R3 claims that no central bank is currently pursuing the development of a retail CBDC. As the authors of the document explain, CBDC’s are divided into wholesale and retail: the first is limited to commercial banks while the latter can involve corporations, small businesses, and even individuals.

The report explains that a wholesale CBDC is just a new modernization step for central banks, while a retail CBDC “is an opportunity to extend access to digital central bank money.” Interestingly, the report clearly states that all the CBDC projects currently pursued by central banks worldwide aim to create wholesale CBDC systems.

While such systems may differ significantly from the “digital cash” that many expected them to be, CBDCs are being widely researched and developed around the world. One particularly famous example is China’s digital currency, which according to mid-April reports, is now being tested in four different cities in the country.

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The tokenomic of the platform is based on the BUX token

☝️ What you need to know about our token:

🔸 Every holder of the BUX token gets the dividends from the stock market profit;

🔸 The users will get significant discount using BUX to pay the exchange commissions;

🔸 Every quarter BUYTEX burns BUX in an amount equal to 15% from the income.

All of the above will help stimulate the demand for BUX and drive its price upwards.

🔺 To learn more about the project, please visit buytex.net

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Earning money with BUYTEX Network? Easy!

A large portion of the BUYTEX Network community can’t be considered professional investors, yet they get steady profits. How is that possible?

It’s simple – the professional developer team behind the project has done everything in their power to help our partners successfully navigate the world of investments, while our 24/7 customer support helps make your investing experience more convenient and enjoyable.

BUYTEX Network is building a unique ecosystem so that our project’s participants can enjoy high yields. Thanks to its marketing and development strategies, the BUYTEX Network project can provide our customers with the luxury of high and stable profits!

✔️ The list of plans is extensive, but it can be summed up with the following bonuses:

▪️ Weekly profits that is easy to withdraw;
▪️ Token unlock period of 52 weeks;
▪️ Instant deposit withdrawal;
▪️ Minimal withdrawal fees;
▪️ Our own cryptocurrency exchange;
▪️ Payment options: BTC, ETH, ERC20 Tether (USDT).

By growing their partner networks, project investors receive additional privileges and bonuses. The BUYTEX Network project supports its regional partners, puts great effort into promoting the project as well as stimulate its growth and development.

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