By

Ryan Lee
08
Jul

Xank’s Founder Ryu to Speak at Singapore World eSports and Blockchain Summit MARVELS

We are pleased to announce that Xank’s founder Ryu will speak at the 2019 World eSports and Blockchain Summit MARVELS held at the Marina Bay Sands Convention Center in Singapore on July 16th and 17th. Ryu will be telling the story of Xank to an expected audience of over 1,000 people, including blockchain leaders from...
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28
Jun

Why do we Need Cryptocurrency When we Have Mobile Money?

An unbanked person is someone who does not “have an account at a formal financial institution,” the most common institution being banks.
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10
Jun

Understanding the Common Shortcomings of Stablecoins

This month, Bitcoin went on a bull run that harkened memories of 2017 when digital currencies routinely reached new peaks before pushing seemingly ever higher. While everyone remembers the peaks, it’s easy to forget about the valleys. The price decreases that often accompany Bitcoin’s price ascendance. Volatility is the less exciting component of the digital...
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05
Jun

Why Stablecoins Will Play an Important Role in the Future of Finance

Bitcoin and cryptocurrencies are garnering a lot of attention right now. Prices are improving, the collective cap has doubled since the start of the year, and new products are continually emerging. In many ways, it feels like the dream of crypto enthusiasts is finally getting back on track. Interestingly, this most recent surge is also...
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03
Jun

Xank Reaches Cooperation Agreement with Jinhua Northeast Chamber of Commerce Federation

Xank, the next generational stable transaction coin, has revealed on May 31st that it has reached a cooperation agreement with Jinhua Northeast Chamber of Commerce Federation on May 29th.
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20
May

Making Cryptocurrencies a Real Option for Businesses

In 2017, the Long Island Iced Tea Corp. increased its stock price by nearly 300% in a single day. The popular beverage company didn’t release a new product or announce record sales. In fact, the company changed almost nothing about its operations or product offerings. Instead, it changed its name. On December 21, 2017, the...
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11
May

Can the Price of Stablecoins Ever Truly Be Stable?

Cryptocurrencies have done a lot of good for a lot of people. This is evidenced by the story of Erik Finman, who invested $1000 into Bitcoin in its early stages. The Guardian has estimated that he has 401 Bitcoins, meaning his investment would be worth a massive $2,101,596.89. This is an unthinkable profit of 210159.689%...
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25
Mar

Xank One Pager and Lite Paper Available in Multiple Languages

Xank’s one pager and lite paper are now available in English, Simplified Chinese, Japanese, Korean, and Traditional Chinese. More language support is currently in the works, so stay tuned for resources in Spanish, Portuguese, Russian, Hindi, and Arabic.
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15
Mar

Centralized Governance? Not with Xank’s Masternodes

Governance models in cryptocurrencies have always been the subject of debate. Which model is immune to collusion and centralization? Which model prevents an individual or group from dominating the network?
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01
Mar

Xank February Review

The second month of 2019 is already behind us, folks. The past 28 days have been a time of growth and learning for the Xank team, who have been able to take Xank one step further in our project’s development.
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26
Feb

What Happens in the Event of an Oracle Feed Failure?

In our previous story, we introduced Xank’s oracle system of decentralized oracles implemented at the masternode level with staker node participation in the event of interruptions or losses.
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22
Feb

Xank’s Oracle System

If you watched the epic film 300 starring Gerard Butler as the mighty King Leonidas, you may remember the scene where the Spartan leader pays a visit to a female Oracle, the connector between the divine world and that of mortals.
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15
Feb

Xank’s Extreme Volatility Safeguard (EVS)

One crisp, spring day in April 2013, Bitcoin plummeted from $263 to $126. A 52% drop in just six hours.
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08
Feb

ELI5: Xank and the IMF’s SDR

The IMF? SDR? What in the world are you talking about, Xank team. What does this have to do with blockchain, or Xank, for that matter.
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31
Jan

Xank January Review

The first month of 2019 has flown right past us, and before we welcome February, we want to update the community on the latest Xank developments.
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17
Jan

ELI5: Who is Xank for? Everyone.

With thousands of cryptocurrencies filling up the pages of Coinmarketcap, we can’t help but wonder, “Who are all these cryptocurrencies for?”
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09
Jan

ELI5: Xank, Where your Ideas are Heard and Funded

Deep down in our hearts, we all have dreams of making the world a better place, dreams to relieve the earth and its inhabitants of oppression, pollution, and discrimination.
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02
Jan

ELI5: Xank’s Meritocracy

Xank is the ideal money and an unstable stablecoin, as we have previously read, but in addition to Xank’s functionality as a currency, the Xank protocol has its own government system in which people can participate and vote in important decision-making processes.
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26
Dec

ELI5: Xank, the Unstable “Stablecoin”

In our previous post, we took a ride through history to arrive at the present day, where we unabashedly labeled Xank “the Ideal Money”.
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19
Dec

ELI5: Xank, the Ideal Money

Money, like all other things, has undergone a subtle yet steady transformation throughout several millennia and is still evolving today.
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