KyberNetwork is a new system which allows the exchange and conversion of digital assets.
We provide rich payment APIs and a new contract wallet that allow anyone to seamlessly receive payments from any token.
Users can also mitigate the risks of price fluctuations in the cryptocurrency world with our derivative trading.
Topic: Kyber Network - page 13. (Read 14013 times)
The price of KNC tokens has fallen so much that the price at the time of sale is several times that of the token. The development and promotion of the team is still active, so the price is to buy the token, which I think is suitable for the price.
Kyber is a must own token. 2018 will be a big year for Kyber. Dex trading is an uptrend and will explode next year.
The price of KNC tokens has fallen so much that the price at the time of sale is several times that of the token. The development and promotion of the team is still active, so the price is to buy the token, which I think is suitable for the price.
Kyber Network and Request Network announced an important partnership that will enhance the consumer experience by making Kyber Network a token conversion option within Request Network, and expand Kyber Network’s presence at point-of-sale. This partnership is set to provide increased value to both Kyber Network, Request Network users and merchants.
https://blog.kyber.network/kyber-network-partners-with-request-network-to-benefit-consumers-and-merchants-618524b271bd
https://blog.kyber.network/kyber-network-partners-with-request-network-to-benefit-consumers-and-merchants-618524b271bd
Kyber Network [KNC] Progress Update (November 24, 2017)
TN Lee
KyberNetwork
Nov 23
Source: blog.kyber.network
TN Lee
KyberNetwork
Nov 23
Quote
In the past 2 weeks, most of the development works on the technical side revolved around bug fixes and site improvement based on the comments by team members from the first testing round. On the other hand, there were a lot of activities on the business development front, due to the aggregation of blockchain teams in Singapore for the second edition Singapore Fintech Festival and Inclusive Blockchain Conference. We will share some of our involvements in these events in the subsequent segment of the post.
Technical development
Reserve
The reserve is now integrated with the wallet, and there is an ongoing debugging of the reserve manager system. The reserve team has also started experimenting with Binance API using actual money, and installed supports for multiple exchanges for the testing environment.
What was done in the last two weeks:
Wallet
The wallet is already completed, and has been circulated internally for testing. Comments about the UI/UX based on the preliminary design were given by team members, and worked on by the development team.
What was done in the last two weeks:
Smart Contracts
What was done in the last two weeks:
Community and partnership
UOB Technology Forum
UOB, one of the largest banks in the region hosted an internal technology forum as an engagement with its staff, and to introduce the corporate’s development and future plans to the company. Kyber Network’s CEO, Loi and our advisor, Vitalik Buterin, were present at the forum to deliver blockchain ideas to the crowd.
IMAGE: Loi and Vitalik at UOB Technology Forum
https://cdn-images-1.medium.com/max/2000/1*fpIMzqX3DAp7lVeBq4-S7Q.jpeg
Inclusive Blockchain Conference
Organized by Singapore University of Social Sciences and hosted by Professor David Lee, in conjunction with the Singapore Fintech Festival, the conference was an ideal event to gather heavyweights in the region. There were participation from Qtum, Consensys, Fenbushi Capital, Delphy, Etherscan and many others. Loi was also featured in the panel for “Young Founders below 30”.
Please visit https://www.rings.tv/share/event/ue45358 for the replay of the session.
IMAGE: Loi, among the Young Founders below 30 crowd.
https://cdn-images-1.medium.com/max/2000/1*OlBwrwIXqEU8Y2IHZF4Vug.jpeg
Forbes
As one of the thought leaders in the field, Loi was asked by Forbes to share his view on the business environment for [Suspicious link removed]panies in Singapore. In general, Singapore is largely a good place for blockchain projects to set up an entity due to stable politics, established infrastructure, and its business friendly policies. That being said, there are still challenges revolving talents and interactions with banks that need to be addressed sooner than later.
Partnership
Over the last 2 weeks, we have announced 3 partnerships with top quality projects. Gifto, powered by Uplive, is an innovative gifting protocol that allows content consumers to interact with and reward content creators directly, as it envisions itself to be a self-governing and self-sustaining ecosystem for virtual gifts to be created, curated, tracked, bought, sent and exchanged across any content platforms.
In the same week, we also had a joint announcement with Aditus, a luxury access platform that bridges luxury merchants and crypto-affluents using blockchain. Run by a team of seasoned entrepreneurs in the luxury tech sector, one of Aditus’ main propositions to consumers is reward schemes with top luxury merchants globally. Through this partnership, Kyber Network Genesis Token (KGT) holders are made eligible for Aditus VIP membership and automatically qualify for exclusive privileges at the highest tier.
Following that, we also announced a research collaboration with Blockchain at Berkeley, a world-class academic institution to enhance our exchange implementation and business model. Blockchain at Berkeley is composed of intelligent postdocs, PhDs, Masters and Undergrads. The team has consulted for Airbus, BMW, and Qualcomm, conducted and published research on zkSnarks and Cosmos. Through the research partnership, Blockchain at Berkeley will offer fresh and novel perspectives to our team in this highly dynamic and fast-changing environment.
Hiring
We have a new addition to the team, and he will be working on our smart contracts. Ilan Doron is married with 2 kids. With over 7 years of software engineering experience, including VoIP and RTP protocols, Ilan is equipped with deep knowledge of technicalities that makes him an excellent candidate for the smart contract engineering role. In his free time, Ilan develops crypto trading bots and practice Vipassana and Wing Chun.
Also, we have received many applications for the Communications Manager role, and have interviewed a number of candidates with relevant experiences. We should round up the hiring for this role later this week, and will introduce the new hire in the subsequent post. Thank you all for the support.
About Kyber Network
Kyber Network is a decentralized and trustless exchange that facilitates instant conversion of crypto-assets with guaranteed liquidity. Our protocol will be key to promote liquidity of crypto-assets in the blockchain ecosystem, and improve the perception of tokens as a tradable asset class to the greater public.
These are the ONLY official channels affiliated with KyberNetwork:
Reddit: https://www.reddit.com/r/kybernetwork/
Slack: https://slack.kyber.network/
Telegram: https://t.me/kybernetwork
Telegram (Korean): https://t.me/kyberkorea (for Korea)
Medium: https://blog.kyber.network/
Technical development
Reserve
The reserve is now integrated with the wallet, and there is an ongoing debugging of the reserve manager system. The reserve team has also started experimenting with Binance API using actual money, and installed supports for multiple exchanges for the testing environment.
What was done in the last two weeks:
- Completed first step in making fast simulation environment. We can now simulate 10 hours of user transactions and reserve rebalancing in several minutes run
- Automated deployment of testing environment with docker, so reserve managers can easily deploy on their machines
- Integration and debugging of non-zero time delay for testing environment
Wallet
The wallet is already completed, and has been circulated internally for testing. Comments about the UI/UX based on the preliminary design were given by team members, and worked on by the development team.
What was done in the last two weeks:
- 2 rounds of bugs fixes following comments by team members.
- Improvement in the utility and elimination of unnecessary steps throughout the interaction between
- Allowed the support for different Ethereum blockchain modes — different testnets and development nets
- Commenced on revamp work for the landing page of our website
Smart Contracts
What was done in the last two weeks:
- Developed support for our simulation environment
- Contract deployment script for development chain
- Transaction viewer for development chain
Community and partnership
UOB Technology Forum
UOB, one of the largest banks in the region hosted an internal technology forum as an engagement with its staff, and to introduce the corporate’s development and future plans to the company. Kyber Network’s CEO, Loi and our advisor, Vitalik Buterin, were present at the forum to deliver blockchain ideas to the crowd.
IMAGE: Loi and Vitalik at UOB Technology Forum
https://cdn-images-1.medium.com/max/2000/1*fpIMzqX3DAp7lVeBq4-S7Q.jpeg
Inclusive Blockchain Conference
Organized by Singapore University of Social Sciences and hosted by Professor David Lee, in conjunction with the Singapore Fintech Festival, the conference was an ideal event to gather heavyweights in the region. There were participation from Qtum, Consensys, Fenbushi Capital, Delphy, Etherscan and many others. Loi was also featured in the panel for “Young Founders below 30”.
Please visit https://www.rings.tv/share/event/ue45358 for the replay of the session.
IMAGE: Loi, among the Young Founders below 30 crowd.
https://cdn-images-1.medium.com/max/2000/1*OlBwrwIXqEU8Y2IHZF4Vug.jpeg
Forbes
As one of the thought leaders in the field, Loi was asked by Forbes to share his view on the business environment for [Suspicious link removed]panies in Singapore. In general, Singapore is largely a good place for blockchain projects to set up an entity due to stable politics, established infrastructure, and its business friendly policies. That being said, there are still challenges revolving talents and interactions with banks that need to be addressed sooner than later.
Partnership
Over the last 2 weeks, we have announced 3 partnerships with top quality projects. Gifto, powered by Uplive, is an innovative gifting protocol that allows content consumers to interact with and reward content creators directly, as it envisions itself to be a self-governing and self-sustaining ecosystem for virtual gifts to be created, curated, tracked, bought, sent and exchanged across any content platforms.
In the same week, we also had a joint announcement with Aditus, a luxury access platform that bridges luxury merchants and crypto-affluents using blockchain. Run by a team of seasoned entrepreneurs in the luxury tech sector, one of Aditus’ main propositions to consumers is reward schemes with top luxury merchants globally. Through this partnership, Kyber Network Genesis Token (KGT) holders are made eligible for Aditus VIP membership and automatically qualify for exclusive privileges at the highest tier.
Following that, we also announced a research collaboration with Blockchain at Berkeley, a world-class academic institution to enhance our exchange implementation and business model. Blockchain at Berkeley is composed of intelligent postdocs, PhDs, Masters and Undergrads. The team has consulted for Airbus, BMW, and Qualcomm, conducted and published research on zkSnarks and Cosmos. Through the research partnership, Blockchain at Berkeley will offer fresh and novel perspectives to our team in this highly dynamic and fast-changing environment.
Hiring
We have a new addition to the team, and he will be working on our smart contracts. Ilan Doron is married with 2 kids. With over 7 years of software engineering experience, including VoIP and RTP protocols, Ilan is equipped with deep knowledge of technicalities that makes him an excellent candidate for the smart contract engineering role. In his free time, Ilan develops crypto trading bots and practice Vipassana and Wing Chun.
Also, we have received many applications for the Communications Manager role, and have interviewed a number of candidates with relevant experiences. We should round up the hiring for this role later this week, and will introduce the new hire in the subsequent post. Thank you all for the support.
About Kyber Network
Kyber Network is a decentralized and trustless exchange that facilitates instant conversion of crypto-assets with guaranteed liquidity. Our protocol will be key to promote liquidity of crypto-assets in the blockchain ecosystem, and improve the perception of tokens as a tradable asset class to the greater public.
These are the ONLY official channels affiliated with KyberNetwork:
Reddit: https://www.reddit.com/r/kybernetwork/
Slack: https://slack.kyber.network/
Telegram: https://t.me/kybernetwork
Telegram (Korean): https://t.me/kyberkorea (for Korea)
Medium: https://blog.kyber.network/
Source: blog.kyber.network
Blockchain at Berkeley To Assist Kyber Network’s Exchange
https://blog.kyber.network/blockchain-at-berkeley-to-assist-kyber-networks-exchange-938c9a844f51
Kyber Network is honoured to announce the collaboration with a world-class academic institution to enhance our exchange implementation and business model.
Kyber Network and Blockchain at Berkeley announced a strategic partnership aimed at shaping the robustness and efficiency of decentralized exchanges. Bringing together education, the blockchain technology, research and innovation, the research efforts will explore topics including trading diversity, trading strategies, and trading sustainability in the context of the Kyber Network model.............
https://blog.kyber.network/blockchain-at-berkeley-to-assist-kyber-networks-exchange-938c9a844f51
Kyber Network is honoured to announce the collaboration with a world-class academic institution to enhance our exchange implementation and business model.
Kyber Network and Blockchain at Berkeley announced a strategic partnership aimed at shaping the robustness and efficiency of decentralized exchanges. Bringing together education, the blockchain technology, research and innovation, the research efforts will explore topics including trading diversity, trading strategies, and trading sustainability in the context of the Kyber Network model.............
What is the expectation for this coin in end 2018 & 2019
KNC has great potential to grow up but they need time . as we can see on roadmap ''First mainnet launch, support trading between tokens and ETH '' Q1 2018. Testnet is live , you can check it from here https://testnet-wallet.kyber.network/ .
price is so low now , ath was 2.48$ and now is 1.08 $. you can buy now and HODL at least 2 months.
price is so low now , ath was 2.48$ and now is 1.08 $. you can buy now and HODL at least 2 months.
wow the kyber chart is ugly, pumped and dumped from day 1. DId this project have huge bonuses ?
i think no bonusess
because since first time opened on liqui and etherdelta
who people bought KNC already got x5 or more crazy profit
ICO price:
1 KNC = .00166 ETH
1 ETH = 602 KNC
As of this writing:
1 KNC = 0.0079 ETH
1 ETH = 126 KNC
wow the kyber chart is ugly, pumped and dumped from day 1. DId this project have huge bonuses ?
I don't think it can worse than what it is now
. Honestly, I'm disappointed how Kyber has performed so far. I think long term Kyber will moon.
wow the kyber chart is ugly, pumped and dumped from day 1. DId this project have huge bonuses ?
Interesting project. Let's see what happens next.
Kyber under a dollar looks juicy indeed!
dont expect this to goes up short term. but it will be a good project starting Q1 2018 when the roadmap and target started to unfold. decentralize exchange will be doing great in 2018, unless the Alts are really dying.
https://blog.kyber.network/kyber-network-crystal-to-be-tradable-on-huobi-43642ccc4fb3
Kyber Network Crystal To Be Tradable on Huobi
Kyber Network’s platform token — Kyber Network Crystal (KNC) — will be tradable on Huobi on November 1, 2017.
Kyber Network Crystal To Be Tradable on Huobi
Kyber Network’s platform token — Kyber Network Crystal (KNC) — will be tradable on Huobi on November 1, 2017.
what about atomic swap? does it makes KNC less valuable?
To be honest we need more decentralise exchange even we have binance already but kyber will make a competition for this industry really interesting to wacth, people tired about centralised exchange like trex and polo. Slowly they will move to binance and kyber, waves dex also good.
So i think kyber has a really good token to invest to for long term.
So i think kyber has a really good token to invest to for long term.
A few questions:
- What is the exchagne rates changes right before clicking send (reserve manager has set a higher rate now)?
- What if operator delists a reserver, will the reserve contributors get their funds back?
- How much fee will be charged by the Kyber-network ie. how much fee does the reserve pay in order to utalize the Kyber-network?
-
- Why does the Kyber operator only allow reserves with big money behind it? It would create more competition if everybody would be able to issue their tokens as a reserve and manage them themeselves via the reserve-manager feature instead of everybody contributing tool gigantic reserve pools with only one price.
thx
- What is the exchagne rates changes right before clicking send (reserve manager has set a higher rate now)?
- What if operator delists a reserver, will the reserve contributors get their funds back?
- How much fee will be charged by the Kyber-network ie. how much fee does the reserve pay in order to utalize the Kyber-network?
-
Quote
The
collected KNC tokens from the fees, after paying for the operation expenses and to the
supporting partners, will be burned, i.e. taken out of circulation.
What does after mean? Does it mean the operational expenses will be payed by selling the KNC tokens on exchanges to FIAT and the supporting partners get paid in KNC and if this sum < fees then the rest of the fees get burned? collected KNC tokens from the fees, after paying for the operation expenses and to the
supporting partners, will be burned, i.e. taken out of circulation.
- Why does the Kyber operator only allow reserves with big money behind it? It would create more competition if everybody would be able to issue their tokens as a reserve and manage them themeselves via the reserve-manager feature instead of everybody contributing tool gigantic reserve pools with only one price.
thx
the team is very good. Loi Luu is participating in the Ethereum Network for years.
for example, he co-founded SmartPool. If someone can build a working decentralized exchange, then my bet is on this team.
The big difference to 0x, is that the entire trading is done on-chain, where as the order book of 0x is off-chain.
Kyber does sort of a swaping mechanism, they have no order book.
An on-chain order book is not a good idea, because of the many updates in supply and demand that changes the prices every second, every change must be recorded and validated on the blockchain which is very ressource-intensive and would bloat the chain unecessary.
Another problem that could occur is that miners wo put that kind of information into blocks could have an unfair advantage, because they would know about price movements before everyone else, because every update must be recorded on chain and validated.
everyone else would see any price movement as soon as the miners validated it.
for example, he co-founded SmartPool. If someone can build a working decentralized exchange, then my bet is on this team.
The big difference to 0x, is that the entire trading is done on-chain, where as the order book of 0x is off-chain.
Kyber does sort of a swaping mechanism, they have no order book.
An on-chain order book is not a good idea, because of the many updates in supply and demand that changes the prices every second, every change must be recorded and validated on the blockchain which is very ressource-intensive and would bloat the chain unecessary.
Another problem that could occur is that miners wo put that kind of information into blocks could have an unfair advantage, because they would know about price movements before everyone else, because every update must be recorded on chain and validated.
everyone else would see any price movement as soon as the miners validated it.
Lol, take your fudding elsewhere.
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