Archives: August 2018

Po.et Coin – Who is behind the crypto currency?

The idea for Po.et Coin development came from the employees of Bitcoin magazine. They wondered how they could time stamp and tokenize their articles. This led to the idea of a platform based on the blockchain. The core team consists of different programmers and experts of the cryptoscene. The project has been joined by magazines and media such as Let’s Talk Bitcoin, The Merkle, Coin Speaker, ChainB and Crypto Insider. Cooperation with the Blink.Ia cooperation could be particularly important. Blink.Ia is a content network that connects over 1000 media companies and 20,000 media professionals around the world.

Po.et Coin advantages and disadvantages

This crypto currency is still relatively unknown. This is a great advantage for those who want to start early, which is quite a justified thought with the positive po.et Coin forecast. The idea behind the coin is definitely interesting and concerns a difficult question: How should freelance creatives earn their money in the age of free culture and the Internet? Protecting intellectual property is a driving force for many freelancers and will also be in the interest of media companies like https://www.onlinebetrug.net/en/. So this is a still quite small crypto currency with a lot of potential, possibly covering a niche that has not yet been touched by any other crypto currency.

At the same time, the coin is still a token whose purpose is as yet unknown. Except to finance the project. Such tokens are often suspected to flow only into developers’ pockets. However, the team’s roadmap looks promising and the concept is well thought-out. The hesitation to invest in such a crypto currency, about which nothing is known yet, is nevertheless understandable.

Po.et Coin Course – Development – Forecast

This crypto currency is one of the youngest coins on the stock exchanges. It is therefore difficult to make an accurate forecast. Most traders probably don’t even have them on their screens yet. The coin can be traded since September 2017. After the very successful initial coin offering, with developers earning $1 million, the price was quiet for most of the time. From September to December it remained consistently below 0.01 cents per coin. This changed in mid-December, however, when the coin rose above 0.02 cents for the first time. By Christmas it should be 0.03 cents.

The crypto currency rose continuously until the end of December and the price looked extremely good in the new year as well. The coin reaches 0.1 Cent for the first time and achieved its best result to date. The extremely positive development continued, the coin cracked the 0.2 cent in the next few days. Then the price fell again slightly and headed for the 0.1 cent per coin. Nevertheless, the value of the coin has multiplied, the price is already much higher than last year. The coin forecast for 2018 can therefore be regarded as promising. Maybe right now is the best time to buy Po.et Coin. The coin does not yet cost much, but the positive development could soon change that.

The Po.et crypto currency is a token

Po.et Coin is the crypto currency of a platform dealing with smart media applications and licensing of digital assets. The developers want to build a platform on which intellectual property such as texts, images, music and graphics can be registered and traded. A marketplace for digital assets is to be created.

Timestamps are supposed to help with the allocation of digital assets. The blockchain architecture is used for this. Po.et Coin is a response to the changes the Internet is bringing to freelancers in creative industries.

Po.et Coin – What is this crypto currency?

The Po.et crypto currency is a token. This means that for the time being the coin has no other purpose than to finance the project. The Po. et Coin development is still in full swing, with the Initial Coin Offering (short: ICO) tokens in the value of 10 million dollars could be sold. The Po.et Coin was generated on the Ethereum blockchain. By selling the tokens, interested stakeholders and editors could be found who would like to participate in the project. You can also attribute symbolic support for the creators to the tokens. However, the Po.et crypto currency should still fulfill various functions later. A wallet has already been developed, indicating that the developers still have something planned with the coin.

The main focus is on the platform. This uses the blockchain to provide intellectual works such as articles with a copyright. The blockchain is the software behind most crypto currencies. It functions as a database and stores transactions and other information. There are more and more interesting projects that use the blockchain as a basis. On the Po.et platform, authors should create a certificate that bundles the work and the copyright in one file. This file is hashed, i.e. cryptographically encrypted, and then stored in the blockchain. This should undoubtedly make it possible to verify that the file originates from the author. The hashtag adds additional metadata and features, creating new commercial applications and making it possible to gain more information about a digital asset.

First, the developers want to create a platform on which authors can secure their values and convert them into digital assets. Further features will follow, which are still under development. The Po.et blockchain then wants to connect to other networks. Content repositories such as Getty Images, Creative Commons and other licensing organizations are to be included using a common metadata framework. Together with the blockchain, these and other organizations are to form a basis for intelligent media applications.

Ultimately, films and images should also be transformed into assets and an open marketplace should be created on the platform. This includes rights management applications and open research marketplaces. Smart contracts are used for this marketplace. Smart contracts scamcontrol are digital contracts that are entered into and processed completely automatically. These should help to track creative works and facilitate the work of publishers, editors and content producers.

In future, the certification of the works should help authors to prove their authorship beyond any doubt. This should also give them a better negotiating position when it comes to offering their works to publishers. Your works should be protected by timestamps, which receive a “proof of existence”, an exact indication of the publication, exactly determined by the time of storage in the block chain.

Ether Classic sent to wrong adress

Scenario 2: Ether Classic sent to an Ether address
If you have a Jaxx, Exodus Wallet or private key, please follow the instructions above.

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ledger
It does not matter whether you have a ledger Nano S or a ledger Blue. Carefully follow the steps below for both:

Connect your ledger and enter your PIN to decrypt the ledger
If you have activated browser support on your ledger, deactivate it.
Start the Ethereum application and copy your Ether Classic address
Activate browser support for your ledger now
Visit Myetherwallet (change the website to German)
Set Myetherwallet to “ETC” – top right “Network ETC”.
Go to “Send Ether and Tokens”
Now select the “Ledger Wallet” option under “How do you want to access your wallet” and click on “Connect to Ledger Wallet”.
Then select the m/44’/60’/0′ derivation path (ETH for ledger)
Search now for the address to which you sent Ether Classic
Click on “Unlock your wallet” to display the Wallet Manager
Paste the Ether Classic address copied above and transfer the Ether Classic

Trezor
Connect and unlock your Trezor
Select the option “Ethereum Classic (ETC)” and follow the link to Myetherwallet
Copy one of the displayed Ether Classic (ETC) addresses
Return to your Trezor interface
Now select the option “Ethereum (ETH)” and follow the link to Myetherwallet
Set Myetherwallet to “ETC” (top right: “Network ETC”) and go to “Send Ether and Tokens
In “Send Ether and Token”, select “How do you want to access your Wallet” and click on “Connect to Trezor”.
Then select the m/44’/61’/0’/0’/0 derivation path (ETH for Trezor)
Locate the address to which you accidentally sent Ether Classic
Click on “Unlock Wallet” to unlock the address
Paste the copied Ether Classic address and transfer the Ether Classic

Scenario 3: ERC20 token sent to Ether Classic address
ERC20 tokens are tokens that “store” on the Ethereum block chain. To send them, you have to use the Ethereum network. This means that you need Ether to pay the Ethereum network fees.

Send Ether to Ether Classic address
And this is the problem when sending ERC20 tokens to an Ether Classic address. There are no ethers on this Ether Classic address that could be used for the Ether transaction costs.

Therefore you have to send a small Ether amount to the Ether Classic address, where the ERC20 tokens are stored, in order to be able to send the ERC20 tokens later. The Ethgasstation website is helpful for calculating transaction fees. But even if too much ether has been transferred, it can be transferred back.