NPXS
3.0

PundiX (NPXS) | Rating: 7/10 | Outlook: Stable

Pundi X is a project that is trying to tackle the problem of crypto adoption. It plans on doing this by bringing its payment ecosystem to the merchants and shops we use on a daily basis. There is a range of technology that the PundiX project has developed in order to help them achieve these goals. First you have the XPASS card which can be used at merchants that have the xPOS system. There is also the XWallet which is a mobile wallet that syncs with the xPass card. The native token powering the PundiX ecosystem is the NPXS token which is an ERC20 token. This token is used by developers to publish applications and by merchants as a way to settle payments that occur within the application itself. PundiX has also started a new open network called the Pundi Function X or f(x). This is Pundi's vision of the blockchain internet and includes not only a decentralized internet model, but also the hardware devices necessary to take advantage of this new blockchain based operating system. On the partnership side, PundiX has entered relationships with companies such as BitCapital, DigitalBits, Mew, FinTech of Indonesia, Binance, Stellar, ZCash, WanChain etc. NPXS is listed on a number of exchanges although the bulk of the volume appears to be taking place on Binance. There appears to be relatively strong liquidity here which could bode well for large block order execution. NPXS is generally more volatile than similar size altcoins so you should practice caution when trading it. *Coin Bureau's views are not investment advice. Do Your Own Research.
2019-11-19
Coin Bureau
BNT
2.5

Bancor Network Token (BNT) | Rating: 6/10 | Outlook: Negative

BNT is the native token powering the Bancor Network. This is a decentralised exchange where traders can exchange ERC20 tokens in a Peer-to-Peer manner. Much of the functionality of the network is thanks to the innovative use of the BNT token to facilitate trades. The Bancor Network is overseen by the Bancor Foundation, which is based in Zug, Switzerland. The company also operates a Research & Development center in Tel Aviv, Israel. Bancor began their cross-chain integration efforts with EOS and Ethereum, however, they have plans to add other bridges over time, eventually enabling them to function as a multi-chain liquidity solution that can provide instant token conversions for many of the popular blockchains such as Bitcoin, Tron, and Ripple. One of the greatest benefits of Bancor and the BNT token is that they bring liquidity to cryptocurrency markets. Through the Bancor Protocol any token at all, even those privately created, can get instant liquidity. The Bancor network has a pretty impressive team and was founded in 2016 by two Israeli siblings. Bancor held an ICO on June 12, 2017 that raised $153 million in just three hours. That ICO sold roughly 40 million BNT tokens at an average price of $3.92 each. It remains one of the most successful ICOs of all time. There have been challenges though as the project was a victim of a hack in 2018. There is also concerns that the SEC may have had issues with the nature of the BNT token. BNT is listed on a number of exchanges and there is relatively strong liquidity and demand for it. However, the price of the token has been on a steady decline which makes it a risky purchase currently. *Coin Bureau's views are not investment advice. Do Your Own Research.
2019-11-13
Coin Bureau
RVN
3.5

Ravencoin (RVN) | Rating: 8/10 | Outlook: Positive

Ravencoin is an open source, decentralized and Peer-to-Peer cryptocurrency that was developed specifically for the purposes of transferring assets. It is a fork of Bitcoin that is easier to mine on account of its X16R Algorithm. There are a number of differences between Ravencoin and Bitcoin though and these include things such as the Block reward, Block time, Total supply and the mining algorithm. The native coin powering the Ravecoin ecosystem is the RVN which was released without any pre-mine or ICO. There was also no "founders" fund that was kept back by the team. There is a max total supply of RVN of 21 billion. This, coupled with the shorter block times and mining algorithm has made it a relatively easy coin to mine. Ravencoin is a mostly community drive project although there are some key people involved in it. These include Bruce Fenton, and software developer Tron Black. There is also a pretty big community behind Ravencoin as can be evidenced by their social media following. Taking a look at the project's GitHub repositories, there appears to be a relatively regular stream of commits - always positive for a growing project. RVN is listed on a number of exchanges although does most of its volume on the likes CoinEX and Binance. There are pretty strong volumes and decent liquidity which makes it easy to execute most orders. The token does still remain volatile though. *Coin Bureau's views are not investment advice. Do Your Own Research.
2019-11-03
Coin Bureau
COTI
3.5

COTI | Qualification Rating:Bb;Risk Rating:Medium

Project Background It has long been expected that cryptocurrencies will significantly change the online payment landscape. To achieve this goal, a user-friendly, convenient and highly scalable cryptocurrency is necessary. Many cryptocurrencies based on blockchain technology attempt to provide high transaction throughput while maintaining low transfer fees, but few successes. Another challenge is the lack of trust between the unknowns, resulting in countless refunds and cancellations. Merchants are often classified as "high risk" or "low risk" based on their association with a particular industry rather than actual behavior. COTI (Currency Of The Internet) addresses these challenges by using an innovative base layer protocol that uses a directed Acyclic Graph (DAG) ledger to build a time-joined connection by leveraging a trust-based algorithm. Trust should be based on a combination of historical behavioral data of the network participants and objective information about them. COTI takes this into account and uses a unique machine learning algorithm to calculate trust. Trust is used in the chain of trust to verify and validate transactions faster. The chain of trust grows as new transactions are attached to two previous transactions, which have similar degrees of trust to themselves. This is an innovative consensus-based validation mechanism in which each user is encouraged to participate in trust building behavior while maintaining high trust due to the benefits associated with high trust (meaning faster time to confirm).
2019-10-22
DPRating
LAMB
4.0

Lambda(LAMB)| Qualification Rating:Bbb;Risk Rating:Medium

Project background Among the decentralized data storage projects, Lambda is the first project to come up with ideal completion. He Xiaoyang, Founder and CEO of Lambda, is a member of JVM community. He worked as a R&D Engineer in BEA Systems and Oracle, and is known as "the first person in China's APM industry". He founded Blue Sea Telecom One APM in 2008 and landed on the New OTC in 2016. In 2017, he left OneAPM and started decentralized storage start-up called Lambda, which attracted the attention of many capital and institutions in the early stages of the project and raised $10M in the private sale round, and its concept was relatively easy to understand and promote because of the early standard Filecoin. Lambda's main business at the B-end is cold backup of critical data of the enterprise, and then this cold storage of the database is stored by distributed storage deployed on the Lambda blockchain.The customer backs up the data to Lambda, and the network periodically verifies the integrity of the data and the recoverability of the data. Lambda's partners in the currency circle side include IOST, DATA, distributed computing projects Ankr and Perlin etc. Yifang Cloud is one of the initiators of Lambda and an important partner outside the Lambda currency. In terms of business development and adoption, lambda has signed up with 67 companies which includes insurance and banking firms. Miners play most important role in Lambda’s ecosystem, currently there are 10,000 miners who are live on main-net and still counting. The total storage pledge by miners has exceed 300 PB (300000 TB). Lambda recently passed an proposal where the miners’ LAMBS( Lambda space) rewards will be mapped to TBB, and due to which, lambda introduces dual token mechanism where basically TBB powers the storage mining, pledge on lambda’s main net.
2019-10-18
DPRating
HBAR
3.5

Hedera Hashgraph (HBAR) | Rating: 7/10 | Outlook: Stable

Hedera has developed the hashgraph which is its new form of distributed ledger technology. This allows computers to communicate with one another in order to reach an agreement over something, known as consensus. Altough this may sound akin to blockchain technology, the Hashgraph uses a unique consensus method that involves Virtual Voting, as well as the Gossip to Gossip protocol. The hashgraph is based on a DAG data structure. Through the use of the unique consensus and this distributed network, the hashgraph is able to reach transaction speeds of up to 10,000 tps. The hashgraph was originally developed for enterprise use but has recently launched their public network where developers can build on. Decisions about the future direction of the code base is determined by a governing council. This makes development at Hedera still quite centralized. Powering the Hedera Hashgraph is the HBAR token. This is the native cryptocurrency and it was issued through a number of private sales as well as a crowdsale. There is a really strong team behind the project with extensive experience in software engineering and blockchain development. The CEO has a phd in computer science from Carnegie Mellon university. HBAR were sold at a price of $0.12 per token but have fallen substantially since then. They are listed on a number of markets although the bulk of the volume is being done on Binance and OKex. HBAR Tokens are substantially more volatile than altcoins of similiar market cap so you should trade with caution. *Coin Bureau's views are not investment advice. Do Your Own Research.
2019-10-17
Coin Bureau
DASH
3.5

Dash (DASH) | Rating: 8/10 | Outlook: Stable

DASH is short for Digital Cash and it is a project that has been around since 2014. It has had a number of names in the past including xCoin and then Darkcoin when it changed its name to Dash in 2015. This project is aiming to be a payments cryptocurrency although there are two unique features that make it stand out. These are privateSend and Instantsend. The latter is for sending quick payments that settle in an instant and the former is for private payments. These are all facilitated through DASH's use of masternodes. These are nodes that hold at least 1,000 DASH and they are tasked with securing the network. They will earn a part of the block reward for doing this. Dash started out with a mining algorithm that was ASIC resistant called X11. However, given the advent of ASIC mining machines that could hash on this algorithm, they are no longer mineable via GPU. There is also a governance component in Dash where these masternode operators can vote on important decisions which can affect the broader ecosystem. There is a core team that is working on development of Dash. They have been quite active as can be evidenced from the regular stream of GitHub commits to their core repository. The DASH coin has extensive volume given the large amount of exchange support. It is listed on the likes of Coinbase Pro, Binance, Huobi, etc. There is also relatively strong liquidity on each of their exchange books which means easy order execution even for large block orders. *Coin Bureau's views are not investment advice. Do Your Own Research.
2019-10-05
Coin Bureau
KNC
3.5

Kyber Network (KNC) | Rating: 8/10 | Outlook: Positive

The Kyber Network is a protocol that provides its users the ability to convert or exchange digital assets, tokens, and cryptocurrencies. While you can use Kyber Network as an exchange, you can also transfer tokens from one person to another. Also, when you move tokens through the Kyber Network, they don’t have to match what the receiver wants. Kyber Network can perform the exchange for you during the transfer. The Kyber Network Crystal, KNC, is an ERC20 token. To manage a reserve on the Kyber Network, a Reserve Manager has to purchase KNC. Every time an exchange takes place on the network, a small portion of KNC is charged as a fee. These fees are partially used to pay for the operational costs of the platform. They’re also used as an incentive for third-party entities which bring additional trade volume into the Kyber Network. 226 million KNC were minted for the ICO with 60% going out to those who participated. This outstanding supply will change over the next few years as KNC are burned. The Kyber network has some pretty strong team members with experience in blockchain technology and software development. It also has the likes of Vitalik Buterin as an advisor. Kyber Network successfully released its testnet beta in August of 2017, and just a few months later launched its main net. KNC is listed on a number of exchanges although the bulk of the volume is done on Binance. There are strong order books here which means that you will have reduced slippage. KNC is still quite volatile when compared to similar sized altcoins so traders should still be aware. *Coin Bureau's views are not investment advice. Do Your Own Research.
2019-09-20
Coin Bureau
XZC
3.5

Zcoin (XZC) | Rating: 7/10 | Outlook: Positive

Zcoin is a privacy focused cryptocurrency that was originally built on the Zerocoin protocol. However, given a number of vulnerabilities in that protocol, they recently moved to a new "Sigma" Protocol that was launched in 2019. Transactions are made private by a privacy enhancement in the protocol called "minting". Before you are able to send transactions, you have to mint new coins. Given that all coin’s transactions originate from a newly minted coin, it is hard to track the origin. Privacy on Zcoin is made possible through the use of Zero Knowledge proofs. You also have Tor integration as well as their recently released "Dandelion" protocol. This will further help to cement user privacy on the network. ZCoin uses a the Merkle Tree Proof of Work algorithm (MTP). This is a memory hard algorithm that is considered to be ASIC resistant and hence less prone to centralisation. Zcoin also has a masternode architecture with their "Znodes" (require 1,000 XZC to stake). In compensation for running this full node, the Znode will receive 30% of the newly minted Zcoins. The team behind the Zcoin protocol is quite extensive experience in blockchain engineering, software development, cryptography and many more. The developers have also been hard at work if you take a look into their GitHub repository. When it comes to markets, XZC is listed on a number of exchanges including MXC, Coinex, Binance, Huobi etc. There appears to be reasonable liquidity on these exchanges which will ease execution. However, XZC is still volatile so trade with caution. *Coin Bureau's views are not investment advice. Do Your Own Research.
2019-09-17
Coin Bureau
ETC
4.0

Ethereum Classic (ETC) | Rating: 8/10 | Outlook: Positive

Etheruem Classic is a fork of Ethereum that took place after the DAO hack in 2016. They were formed because the Ethereum developers wanted to roll back the chain to make those who lost tokens whole. Etheruem Classic is also the oldest blockchain that makes use of Smart Contract technology. It holds the original intent for smart contracts which is to prevent manipulation, censorship, or interference from external entities. Ethereum Classic is a fully open source blockchain which has numerous parties involved in its development. These include the likes of ETCLabs and IOHK. Each group works closely with Ethereum Classic, focusing on specific areas of improvement and development as needed. The token behind the Ethereum Classic network is the ETC token which is an ERC20 token. Like its counterpart, Etheruem Classic also uses an internal transaction pricing mechanism called Gas. This is used in order to power smart contract computations and prevent spam on the network. Ethereum classic was unlucky enough to suffer a 51% attack that took place in January of 2019. This resulted in a number of double spend attacks that caused the exchanges to suspend ETC withdrawals. In order to stave off this threat in the future the ETC developers instituted the Atlantis hard fork. ETC has pretty broad exchange support and is listed on the likes of Binance, Coinbase Pro and a number of offshore exchanges. There is pretty strong liquidity with daily volume that exceeds $500m a day. ETC is relatively less volatile than comparable coins although you should still exercise caution when trading. *Coin Bureau's views are not investment advice. Do Your Own Research.
2019-09-14
Coin Bureau
ALGO
3.5

Algorand (ALGO) | Rating: 8/10 | Outlook: Positive

Algorand is a blockchain platform that is aiming to create a borderless economy through its decentralized, permissionless public blockchain. The Algorand protocol is specifically built for speed. As a result, Algorand developers believe they have created a way to finalize a block through just a single voting round. Algorand makes use of a Byzantine Agreement for its consensus algorithm. However, Algorand optimizes it for both increased scale and performance. The project also uses a Verifiable Random Function mechanism which allows users to privately determine whether they’ve been chosen to participate in the following block. The native token powering the Algorand protocol is called ALGOs. Algorand raised more than $60 million during its initial token sale, which took place on Coinlist. At the time of its sale, Algorand sold its 25 million tokens for $2.40 each. It plans on auctioning off around 600 million Algos every year. Algorand is led by some pretty experienced people including Silvio Micali who is an MIT professor and the inventor of Zero Knowledge Proofs. The rest of the team is comprised of people in the Academic field from MIT. There have also been a number of investments into the project from VCs. ALGOs are listed on a number of exchanges although the bulk of the volume is currently being done on HotBit. There is extensive volume on this exchange which means that trading liquidity is currently quite centralised. ALGOs were listed at over $2 but have subsequently been falling as the bear market gripped altcoins. They are more volatile than similar sized altcoins so you should be cautious while trading *Coin Bureau's views are not investment advice. Do Your Own Research.
2019-09-09
Coin Bureau
ZRX
4.0

0x (ZRX) | Rating: 8/10 | Outlook: Positive

0x is a decentralised exchange protocol that enables the peer to peer exchange of Ethereum based cryptocurrencies. 0x is actually one of the first projects to focus on a DEX protocol having being founded in 2016. When you trade tokens on the 0x protocol, you are doing so on an off-chain relay. This is different from other DEXs where the transactional smart contracts are executed on the main chain. 0x has built a governance component into their network. Those who hold the ZRX token are able to vote on certain proposals that will affect the blockchain. The ZRX token is an ERC20 that were issued on the Etheruem blockchain. ZRX tokens are essential to the function of the protocol as they are used to pay the relayers in order to route the orders. They can also be used in order to vote on protocol improvements. The 0x team issued these tokens in a crowdsale ICO that took place way back in 2017. They were able to sell 500 million ZRX tokens at a price of 7 cents each. ZRX has been on a wild ride since then in terms of price. There is quite a strong team component at 0x and there are over 38 core members. They have backgrounds ranging from Engineering to Finance and software development. There has been pretty strong development on the protocol as you can see from their GitHub repositoyry and commits. ZRX is listed on a number of exchanges including Binance, Coinbase Pro and Poloniex. The volume is well spread out across these exchanges which means that ZRX is not dependent on a singular market. There is also strong liquidity on the individual order books. ZRX is less volatile than other similar sized altcoins. *Coin Bureau's views are not investment advice. Do Your Own Research.
2019-09-09
Coin Bureau
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CCX
CCX

Conceal Network (CCX) | Coin Report | An Altcoin Trader's Handbook | Rating: 7/10 | 29th November 2019

2019-11-29
7

Welcome to the 39th Coin Report. In today’s report, I will be assessing the fundamental and technical strengths and weaknesses of Conceal Network. This will be comprised of an analysis of a number of significant metrics, an evaluation of the project’s community and development and an overview of its price-history. The report will conclude with a grading out of 10. Conceal Network was launched in Q2 2018, with its testnet released in April and its mainnet in May. The project was launched with a 6% premine of the maximum supply of 200,000,000 CCX, amounting to 12,000,000 CCX. This 6mn is released in 400k amounts every 3 months to cover operation expenses and other costs. The network is built on the CryptoNote protocol and utilises Proof-of-Work for consensus, with its emission period beginning with 5 CCX rewarded per block, increasing to a maximum of 20 over time. There was no ICO.

An Altcoin Trader's Handbook
An Altcoin Trader's Handbook
3.5
RUNE
RUNE

THORChain (RUNE) | Coin Report | An Altcoin Trader's Handbook | Rating: 7/10 | 21st November 2019

2019-11-21
7

Welcome to the 38th Coin Report. In today’s report, I will be assessing the fundamental and technical strengths and weaknesses of THORChain. This will be comprised of an analysis of a number of significant metrics, an evaluation of the project’s community and development and an overview of its price-history. The report will conclude with a grading out of 10. THORChain was conceptualised in 2018, with its Genesis testnet deployed in September of that year. Development continued throughout Q4 2018 and early 2019, facilitated by a seed round, presale and an Initial Dex Offering (IDO); three rounds of funding that raised a modest $1.6mn in total. In exchange for funding, investors were offered the core token to the THORChain ecosystem: RUNE. 120,000,000 RUNE were sold of an initial maximum supply of 1,000,000,000; however, this maximum supply has since been reduced to 500,000,000 RUNE after a significant burn event that we shall discuss a little later. The THORChain Mainnet is scheduled for launch in early 2020, with RUNE currently operating as a BEP-2 asset on Binance Chain.

An Altcoin Trader's Handbook
An Altcoin Trader's Handbook
3.5
NPXS
NPXS

PundiX (NPXS) | Rating: 7/10 | Outlook: Stable

2019-11-19
7/10

Pundi X is a project that is trying to tackle the problem of crypto adoption. It plans on doing this by bringing its payment ecosystem to the merchants and shops we use on a daily basis. There is a range of technology that the PundiX project has developed in order to help them achieve these goals. First you have the XPASS card which can be used at merchants that have the xPOS system. There is also the XWallet which is a mobile wallet that syncs with the xPass card. The native token powering the PundiX ecosystem is the NPXS token which is an ERC20 token. This token is used by developers to publish applications and by merchants as a way to settle payments that occur within the application itself. PundiX has also started a new open network called the Pundi Function X or f(x). This is Pundi's vision of the blockchain internet and includes not only a decentralized internet model, but also the hardware devices necessary to take advantage of this new blockchain based operating system. On the partnership side, PundiX has entered relationships with companies such as BitCapital, DigitalBits, Mew, FinTech of Indonesia, Binance, Stellar, ZCash, WanChain etc. NPXS is listed on a number of exchanges although the bulk of the volume appears to be taking place on Binance. There appears to be relatively strong liquidity here which could bode well for large block order execution. NPXS is generally more volatile than similar size altcoins so you should practice caution when trading it. *Coin Bureau's views are not investment advice. Do Your Own Research.

Coin Bureau
Coin Bureau
3.0
BNT
BNT

Bancor Network Token (BNT) | Rating: 6/10 | Outlook: Negative

2019-11-13
6/10

BNT is the native token powering the Bancor Network. This is a decentralised exchange where traders can exchange ERC20 tokens in a Peer-to-Peer manner. Much of the functionality of the network is thanks to the innovative use of the BNT token to facilitate trades. The Bancor Network is overseen by the Bancor Foundation, which is based in Zug, Switzerland. The company also operates a Research & Development center in Tel Aviv, Israel. Bancor began their cross-chain integration efforts with EOS and Ethereum, however, they have plans to add other bridges over time, eventually enabling them to function as a multi-chain liquidity solution that can provide instant token conversions for many of the popular blockchains such as Bitcoin, Tron, and Ripple. One of the greatest benefits of Bancor and the BNT token is that they bring liquidity to cryptocurrency markets. Through the Bancor Protocol any token at all, even those privately created, can get instant liquidity. The Bancor network has a pretty impressive team and was founded in 2016 by two Israeli siblings. Bancor held an ICO on June 12, 2017 that raised $153 million in just three hours. That ICO sold roughly 40 million BNT tokens at an average price of $3.92 each. It remains one of the most successful ICOs of all time. There have been challenges though as the project was a victim of a hack in 2018. There is also concerns that the SEC may have had issues with the nature of the BNT token. BNT is listed on a number of exchanges and there is relatively strong liquidity and demand for it. However, the price of the token has been on a steady decline which makes it a risky purchase currently. *Coin Bureau's views are not investment advice. Do Your Own Research.

Coin Bureau
Coin Bureau
2.5
RVN
RVN

Ravencoin (RVN) | Rating: 8/10 | Outlook: Positive

2019-11-03
8/10

Ravencoin is an open source, decentralized and Peer-to-Peer cryptocurrency that was developed specifically for the purposes of transferring assets. It is a fork of Bitcoin that is easier to mine on account of its X16R Algorithm. There are a number of differences between Ravencoin and Bitcoin though and these include things such as the Block reward, Block time, Total supply and the mining algorithm. The native coin powering the Ravecoin ecosystem is the RVN which was released without any pre-mine or ICO. There was also no "founders" fund that was kept back by the team. There is a max total supply of RVN of 21 billion. This, coupled with the shorter block times and mining algorithm has made it a relatively easy coin to mine. Ravencoin is a mostly community drive project although there are some key people involved in it. These include Bruce Fenton, and software developer Tron Black. There is also a pretty big community behind Ravencoin as can be evidenced by their social media following. Taking a look at the project's GitHub repositories, there appears to be a relatively regular stream of commits - always positive for a growing project. RVN is listed on a number of exchanges although does most of its volume on the likes CoinEX and Binance. There are pretty strong volumes and decent liquidity which makes it easy to execute most orders. The token does still remain volatile though. *Coin Bureau's views are not investment advice. Do Your Own Research.

Coin Bureau
Coin Bureau
3.5
COTI
COTI

COTI | Qualification Rating:Bb;Risk Rating:Medium

2019-10-22
Bb

Project Background It has long been expected that cryptocurrencies will significantly change the online payment landscape. To achieve this goal, a user-friendly, convenient and highly scalable cryptocurrency is necessary. Many cryptocurrencies based on blockchain technology attempt to provide high transaction throughput while maintaining low transfer fees, but few successes. Another challenge is the lack of trust between the unknowns, resulting in countless refunds and cancellations. Merchants are often classified as "high risk" or "low risk" based on their association with a particular industry rather than actual behavior. COTI (Currency Of The Internet) addresses these challenges by using an innovative base layer protocol that uses a directed Acyclic Graph (DAG) ledger to build a time-joined connection by leveraging a trust-based algorithm. Trust should be based on a combination of historical behavioral data of the network participants and objective information about them. COTI takes this into account and uses a unique machine learning algorithm to calculate trust. Trust is used in the chain of trust to verify and validate transactions faster. The chain of trust grows as new transactions are attached to two previous transactions, which have similar degrees of trust to themselves. This is an innovative consensus-based validation mechanism in which each user is encouraged to participate in trust building behavior while maintaining high trust due to the benefits associated with high trust (meaning faster time to confirm).

DPRating
DPRating
3.5
LAMB
LAMB

Lambda(LAMB)| Qualification Rating:Bbb;Risk Rating:Medium

2019-10-18
Bbb

Project background Among the decentralized data storage projects, Lambda is the first project to come up with ideal completion. He Xiaoyang, Founder and CEO of Lambda, is a member of JVM community. He worked as a R&D Engineer in BEA Systems and Oracle, and is known as "the first person in China's APM industry". He founded Blue Sea Telecom One APM in 2008 and landed on the New OTC in 2016. In 2017, he left OneAPM and started decentralized storage start-up called Lambda, which attracted the attention of many capital and institutions in the early stages of the project and raised $10M in the private sale round, and its concept was relatively easy to understand and promote because of the early standard Filecoin. Lambda's main business at the B-end is cold backup of critical data of the enterprise, and then this cold storage of the database is stored by distributed storage deployed on the Lambda blockchain.The customer backs up the data to Lambda, and the network periodically verifies the integrity of the data and the recoverability of the data. Lambda's partners in the currency circle side include IOST, DATA, distributed computing projects Ankr and Perlin etc. Yifang Cloud is one of the initiators of Lambda and an important partner outside the Lambda currency. In terms of business development and adoption, lambda has signed up with 67 companies which includes insurance and banking firms. Miners play most important role in Lambda’s ecosystem, currently there are 10,000 miners who are live on main-net and still counting. The total storage pledge by miners has exceed 300 PB (300000 TB). Lambda recently passed an proposal where the miners’ LAMBS( Lambda space) rewards will be mapped to TBB, and due to which, lambda introduces dual token mechanism where basically TBB powers the storage mining, pledge on lambda’s main net.

DPRating
DPRating
4.0
HBAR
HBAR

Hedera Hashgraph (HBAR) | Rating: 7/10 | Outlook: Stable

2019-10-17
7/10

Hedera has developed the hashgraph which is its new form of distributed ledger technology. This allows computers to communicate with one another in order to reach an agreement over something, known as consensus. Altough this may sound akin to blockchain technology, the Hashgraph uses a unique consensus method that involves Virtual Voting, as well as the Gossip to Gossip protocol. The hashgraph is based on a DAG data structure. Through the use of the unique consensus and this distributed network, the hashgraph is able to reach transaction speeds of up to 10,000 tps. The hashgraph was originally developed for enterprise use but has recently launched their public network where developers can build on. Decisions about the future direction of the code base is determined by a governing council. This makes development at Hedera still quite centralized. Powering the Hedera Hashgraph is the HBAR token. This is the native cryptocurrency and it was issued through a number of private sales as well as a crowdsale. There is a really strong team behind the project with extensive experience in software engineering and blockchain development. The CEO has a phd in computer science from Carnegie Mellon university. HBAR were sold at a price of $0.12 per token but have fallen substantially since then. They are listed on a number of markets although the bulk of the volume is being done on Binance and OKex. HBAR Tokens are substantially more volatile than altcoins of similiar market cap so you should trade with caution. *Coin Bureau's views are not investment advice. Do Your Own Research.

Coin Bureau
Coin Bureau
3.5
Beam
Beam

Beam (BEAM) | Rating: 8/10 | Outlook: Positive

2019-10-15
8/10

Beam is a privacy concious cryptocurrency that uses the MimbleWimble protocol. It is through this technology that the project hopes to achieve the scalability and privacy. The MimbleWimple protocol integrates several concepts into one hybrid blockchain. This creates a network that offers improved privacy and efficiency. For performance and scalability, MimbleWimble removes unnecessary transactions while simultaneously combining intermediary transactions. Beam held no crowdsale ICO or any pre-mine. Altough they are rewarding early investors and the team through block rewards. Beam has a supply of nearly 263 million tokens, which the project uses on a deflationary emission schedule. Beam ensures that decentralization occurs on its network by becoming ASIC-resistant for the first 18 months. This means GPUs can mine Beam. The team has been active and have been meeting milestones in their roadmap. You can verify this by checking out their GitHub repositories. BEAM is listed on a number of exchanges and is doing over $1 million in daily trading volume. The order books are relatively liquid on the likes of Binance and HotBit. Price history has been relatively volatile so traders should be careful when taking on large positions of BEAM. *Coin Bureau's views are not investment advice. Do Your Own Research.

Coin Bureau
Coin Bureau
4.0
DASH
DASH

Dash (DASH) | Rating: 8/10 | Outlook: Stable

2019-10-05
8/10

DASH is short for Digital Cash and it is a project that has been around since 2014. It has had a number of names in the past including xCoin and then Darkcoin when it changed its name to Dash in 2015. This project is aiming to be a payments cryptocurrency although there are two unique features that make it stand out. These are privateSend and Instantsend. The latter is for sending quick payments that settle in an instant and the former is for private payments. These are all facilitated through DASH's use of masternodes. These are nodes that hold at least 1,000 DASH and they are tasked with securing the network. They will earn a part of the block reward for doing this. Dash started out with a mining algorithm that was ASIC resistant called X11. However, given the advent of ASIC mining machines that could hash on this algorithm, they are no longer mineable via GPU. There is also a governance component in Dash where these masternode operators can vote on important decisions which can affect the broader ecosystem. There is a core team that is working on development of Dash. They have been quite active as can be evidenced from the regular stream of GitHub commits to their core repository. The DASH coin has extensive volume given the large amount of exchange support. It is listed on the likes of Coinbase Pro, Binance, Huobi, etc. There is also relatively strong liquidity on each of their exchange books which means easy order execution even for large block orders. *Coin Bureau's views are not investment advice. Do Your Own Research.

Coin Bureau
Coin Bureau
3.5
ARRR
ARRR

PirateChain (ARRR) | Coin Report | An Altcoin Trader's Handbook | Rating: 7/10 | 29th September 2019

2019-09-29
7

Welcome to the 36th Coin Report. In today’s report, I will be assessing the fundamental and technical strengths and weaknesses of PirateChain. This will be comprised of an analysis of a number of significant metrics, an evaluation of the project’s community and development and an overview of its price-history. The report will conclude with a grading out of 10. PirateChain was conceptualised within the Komodo Discord and launched in August 2018 as an independent blockchain within the Komodo asset ecosystem. It was launched with no premine or ICO and utilises Delayed Proof-of-Work for consensus on the Equihash algorithm. Further, it is 100% private, with transparent transactions unable to be made on the network. Regarding supply emission, it has a steep emission curve, with block reward halvings every 270 days, culminating in a maximum supply of 199.99mn ARRR. The current block reward is 128 ARRR with 1-minute block times.

An Altcoin Trader's Handbook
An Altcoin Trader's Handbook
3.5
KNC
KNC

Kyber Network (KNC) | Rating: 8/10 | Outlook: Positive

2019-09-20
8/10

The Kyber Network is a protocol that provides its users the ability to convert or exchange digital assets, tokens, and cryptocurrencies. While you can use Kyber Network as an exchange, you can also transfer tokens from one person to another. Also, when you move tokens through the Kyber Network, they don’t have to match what the receiver wants. Kyber Network can perform the exchange for you during the transfer. The Kyber Network Crystal, KNC, is an ERC20 token. To manage a reserve on the Kyber Network, a Reserve Manager has to purchase KNC. Every time an exchange takes place on the network, a small portion of KNC is charged as a fee. These fees are partially used to pay for the operational costs of the platform. They’re also used as an incentive for third-party entities which bring additional trade volume into the Kyber Network. 226 million KNC were minted for the ICO with 60% going out to those who participated. This outstanding supply will change over the next few years as KNC are burned. The Kyber network has some pretty strong team members with experience in blockchain technology and software development. It also has the likes of Vitalik Buterin as an advisor. Kyber Network successfully released its testnet beta in August of 2017, and just a few months later launched its main net. KNC is listed on a number of exchanges although the bulk of the volume is done on Binance. There are strong order books here which means that you will have reduced slippage. KNC is still quite volatile when compared to similar sized altcoins so traders should still be aware. *Coin Bureau's views are not investment advice. Do Your Own Research.

Coin Bureau
Coin Bureau
3.5
XZC
XZC

Zcoin (XZC) | Rating: 7/10 | Outlook: Positive

2019-09-17
7/10

Zcoin is a privacy focused cryptocurrency that was originally built on the Zerocoin protocol. However, given a number of vulnerabilities in that protocol, they recently moved to a new "Sigma" Protocol that was launched in 2019. Transactions are made private by a privacy enhancement in the protocol called "minting". Before you are able to send transactions, you have to mint new coins. Given that all coin’s transactions originate from a newly minted coin, it is hard to track the origin. Privacy on Zcoin is made possible through the use of Zero Knowledge proofs. You also have Tor integration as well as their recently released "Dandelion" protocol. This will further help to cement user privacy on the network. ZCoin uses a the Merkle Tree Proof of Work algorithm (MTP). This is a memory hard algorithm that is considered to be ASIC resistant and hence less prone to centralisation. Zcoin also has a masternode architecture with their "Znodes" (require 1,000 XZC to stake). In compensation for running this full node, the Znode will receive 30% of the newly minted Zcoins. The team behind the Zcoin protocol is quite extensive experience in blockchain engineering, software development, cryptography and many more. The developers have also been hard at work if you take a look into their GitHub repository. When it comes to markets, XZC is listed on a number of exchanges including MXC, Coinex, Binance, Huobi etc. There appears to be reasonable liquidity on these exchanges which will ease execution. However, XZC is still volatile so trade with caution. *Coin Bureau's views are not investment advice. Do Your Own Research.

Coin Bureau
Coin Bureau
3.5
XZC
XZC

TokenInsight | Zcoin Rating Update: Upgrades to BB, Outlook: Stable(2019-9-16)

2019-09-16
BB

In July 2019, Zcoin officially launched the Sigma anonymity protocol to replace its previous Zerocoin protocol. As an important part of the next-generation anonymity protocol Lelantus, the Sigma protocol features small proof sizes and requires no trusted setup. The Lelantus protocol is still under development, with its official release expected for the first quarter of 2020. Ongoing work on Lelantus aims to further enhance its anonymity and solve the problem of fixed denomination completely. Zcoin, as an anonymous payment token, still falls behind Dash, Monero and other leading projects in market segments with relatively low total market capitalization. It also lacks competitiveness in terms of user volume, trading activity, exposure and media attention, which have yet to show improvement over the short term. However, in view of the leading role that anonymity technology plays throughout the industry and its large-scale application in Thailand's general election, as well as its application among 5 million local merchants, the project shows strong development prospects for the future. In terms of development progress, Zcoin has reached most of its initial goals on schedule, including the upgrade of its Lyra2z consensus algorithm to a more ASIC-resistant MTP algorithm and the launch of the next-generation Sigma anonymity protocol.

TokenInsight
TokenInsight
3.0
ETC
ETC

Ethereum Classic (ETC) | Rating: 8/10 | Outlook: Positive

2019-09-14
8/10

Etheruem Classic is a fork of Ethereum that took place after the DAO hack in 2016. They were formed because the Ethereum developers wanted to roll back the chain to make those who lost tokens whole. Etheruem Classic is also the oldest blockchain that makes use of Smart Contract technology. It holds the original intent for smart contracts which is to prevent manipulation, censorship, or interference from external entities. Ethereum Classic is a fully open source blockchain which has numerous parties involved in its development. These include the likes of ETCLabs and IOHK. Each group works closely with Ethereum Classic, focusing on specific areas of improvement and development as needed. The token behind the Ethereum Classic network is the ETC token which is an ERC20 token. Like its counterpart, Etheruem Classic also uses an internal transaction pricing mechanism called Gas. This is used in order to power smart contract computations and prevent spam on the network. Ethereum classic was unlucky enough to suffer a 51% attack that took place in January of 2019. This resulted in a number of double spend attacks that caused the exchanges to suspend ETC withdrawals. In order to stave off this threat in the future the ETC developers instituted the Atlantis hard fork. ETC has pretty broad exchange support and is listed on the likes of Binance, Coinbase Pro and a number of offshore exchanges. There is pretty strong liquidity with daily volume that exceeds $500m a day. ETC is relatively less volatile than comparable coins although you should still exercise caution when trading. *Coin Bureau's views are not investment advice. Do Your Own Research.

Coin Bureau
Coin Bureau
4.0
GOM
GOM

TokenInsight | Gomics Rating: B, Outlook: Stable(2019-9-9)

2019-09-09
B

Fuelled by technological innovation and entertainment, the comic industry has experienced the development from traditional paper-media comics, to PC-side comics and then to mobile comics. Online comics are featured with fast dissemination, diverse promotion channels and fragmented reading which provide readers a more convenient way than traditional paper-based comics. The audience of comics have also gradually extended from teenagers to other age groups and various social classes. Among all comics styles, humour receives the most popularity regardless of gender and age. Gomics is an eco-platform that combines blockchain technology with the entertainment industry. Through the application of blockchain intelligent technology, Gomics aims to change the improper interest distribution of existing content platforms in order to protect copyrights and create a fair and efficient original content-sharing environment for both creators and platform users. Gomics technological structure is stable and complete. The project is currently developing according to its plan. Investors, advisors and other partners are capable of supporting its development. Therefore, Gomics rating is B, stable and promising.

TokenInsight
TokenInsight
2.5
ALGO
ALGO

Algorand (ALGO) | Rating: 8/10 | Outlook: Positive

2019-09-09
8/10

Algorand is a blockchain platform that is aiming to create a borderless economy through its decentralized, permissionless public blockchain. The Algorand protocol is specifically built for speed. As a result, Algorand developers believe they have created a way to finalize a block through just a single voting round. Algorand makes use of a Byzantine Agreement for its consensus algorithm. However, Algorand optimizes it for both increased scale and performance. The project also uses a Verifiable Random Function mechanism which allows users to privately determine whether they’ve been chosen to participate in the following block. The native token powering the Algorand protocol is called ALGOs. Algorand raised more than $60 million during its initial token sale, which took place on Coinlist. At the time of its sale, Algorand sold its 25 million tokens for $2.40 each. It plans on auctioning off around 600 million Algos every year. Algorand is led by some pretty experienced people including Silvio Micali who is an MIT professor and the inventor of Zero Knowledge Proofs. The rest of the team is comprised of people in the Academic field from MIT. There have also been a number of investments into the project from VCs. ALGOs are listed on a number of exchanges although the bulk of the volume is currently being done on HotBit. There is extensive volume on this exchange which means that trading liquidity is currently quite centralised. ALGOs were listed at over $2 but have subsequently been falling as the bear market gripped altcoins. They are more volatile than similar sized altcoins so you should be cautious while trading *Coin Bureau's views are not investment advice. Do Your Own Research.

Coin Bureau
Coin Bureau
3.5
ZRX
ZRX

0x (ZRX) | Rating: 8/10 | Outlook: Positive

2019-09-09
8/10

0x is a decentralised exchange protocol that enables the peer to peer exchange of Ethereum based cryptocurrencies. 0x is actually one of the first projects to focus on a DEX protocol having being founded in 2016. When you trade tokens on the 0x protocol, you are doing so on an off-chain relay. This is different from other DEXs where the transactional smart contracts are executed on the main chain. 0x has built a governance component into their network. Those who hold the ZRX token are able to vote on certain proposals that will affect the blockchain. The ZRX token is an ERC20 that were issued on the Etheruem blockchain. ZRX tokens are essential to the function of the protocol as they are used to pay the relayers in order to route the orders. They can also be used in order to vote on protocol improvements. The 0x team issued these tokens in a crowdsale ICO that took place way back in 2017. They were able to sell 500 million ZRX tokens at a price of 7 cents each. ZRX has been on a wild ride since then in terms of price. There is quite a strong team component at 0x and there are over 38 core members. They have backgrounds ranging from Engineering to Finance and software development. There has been pretty strong development on the protocol as you can see from their GitHub repositoyry and commits. ZRX is listed on a number of exchanges including Binance, Coinbase Pro and Poloniex. The volume is well spread out across these exchanges which means that ZRX is not dependent on a singular market. There is also strong liquidity on the individual order books. ZRX is less volatile than other similar sized altcoins. *Coin Bureau's views are not investment advice. Do Your Own Research.

Coin Bureau
Coin Bureau
4.0
EXCC
EXCC

ExchangeCoin (EXCC) | Coin Report | An Altcoin Trader's Handbook | Rating: 3/10 | 23rd August 2019

2019-09-09
3

Welcome to the 32nd Coin Report. In today’s report, I will be assessing the fundamental and technical strengths and weaknesses of ExchangeCoin. This will be comprised of an analysis of a number of significant metrics, an evaluation of the project’s community and development and an overview of its price-history. The report will conclude with a grading out of 10. ExchangeCoin was launched in November 2017 with an ICO that raised 650 BTC, equating to over $5,000,000 at the time. The token issued, EXCC, has a maximum supply of 32,003,133, with 4mn EXCC sold during the ICO. Further, the project also has a premine of 12.1mn EXCC, equating to 37.95% of the maximum supply (from which the 4mn was sold to the public in the token sale). The token itself operates on the Equihash algorithm, and underwent a hard fork in July 2018, after which the network migrated to a dual Proof-of-Work/Proof-of-Stake consensus mechanism, with 30% of block rewards rewarded to stakers and 70% to miners. The block reward is progressively diminishing, with the current reward at 24.5 EXCC per block, with 2.5-minute block times.

An Altcoin Trader's Handbook
An Altcoin Trader's Handbook
1.5
DAG
DAG

Constellation (DAG) | Coin Report | An Altcoin Trader's Handbook | Rating: 8/10 | 1st September 2019

2019-09-03
8

Welcome to the 34th Coin Report. In today’s report, I will be assessing the fundamental and technical strengths and weaknesses of Constellation. This will be comprised of an analysis of a number of significant metrics, an evaluation of the project’s community and development and an overview of its price-history. The report will conclude with a grading out of 10. Constellation launched in 2017 with a private sale that raised $35.2mn in exchange for 756mn DAG – the utility token for the Constellation Network. This amounted to 18.9% of the original 4,000,000,000 DAG maximum supply; however, as a gesture of good will, the founders burned the 288mn tokens originally allocated to them, leaving the maximum supply at 3.71bn DAG. The team raised no further funds following this. DAG was created as an ERC-20 token for accessibility purposes, but, upon the launch of the Mainnet in October, these tokens will be swapped for the native Directed Acyclic Graph tokens; hence the ticker, DAG.

An Altcoin Trader's Handbook
An Altcoin Trader's Handbook
4.0