Blockchain companies – gender gap even greater than in other tech companies

What about the female gender in the blockchain industry? The LongHash platform has addressed this question – and found something sobering about the gender gap.

However, the cryptosoft research methods still have room for improvement

In Germany, the proportion of women in management positions accounts for almost one third of all managers – according to the statistics. This is, of course, an average cryptosoft value and makes no statements about the situation in the individual sectors. The cryptosoft platform has now investigated the gender distribution in the blockchain sector. LongHash has set itself the goal of accelerating the development of the blockchain and promoting an understanding of the blockchain technology.

“The results were… discouraging.” The study considered 100 blockchain start-ups that were classified as “upcoming” on the ICO tracking page ICO Rating. In total, LongHash counted 1,062 team members, including 326 as founders or managers and 473 listed consultants. Three focal points were examined: the gender gap within the team, the number of women at management level and the number of women on advisory boards. LongHash summarises the sobering results as follows:

“The results were … discouraging. Only 14.5 percent of the members of the Blockchain start-up teams were women. In leadership roles, the numbers got worse. Only 7 percent of the blockchain start-up managers we considered were women, and only 8 percent of the consultants.”

In addition, 78 of the 100 start-ups surveyed did not have a single female manager. In 75 of them, female consultants were missing and 37 had not even female employees in the team.

Three possible sources of crypto trader error

LongHash points out, however, that the figures do not have to be 100 percent correct due to the crypto trader research method like this: The figures for team members, managers and consultants come from the websites of the blockchain companies and could be outdated and selective. Therefore, there can be no guarantee of the accuracy of the information. Another source of error may be that the gender of the team members was not correctly assigned by LongHash when viewing the team members on the respective website. Cross-sex names such as Kim, Robin or Luca in combination with an image that does not clearly identify males or females may lead to such errors. The position information may also be outdated or inaccurate, so that some female managers may not (yet) have been identified as such.

However, it seems unlikely that the results would have spoken the opposite language without these sources of error. Technical industries are still dominated by men. However, LongHash notes that large technology companies in Silicon Valley employ at least 25 percent women. A 2017 survey conducted by the Carta software platform target=”_blank” rel=”nofollow noopener” found that about 29 percent of employees in small tech start-ups are female. Even if this is still far from an equal distribution, it is still twice as many women as in blockchain start-ups.

Although the results of the LongHash study cannot be trusted one hundred percent, they give the impression that the gender gap in the blockchain sector is even wider than it is in other technology companies. It would now be interesting to know why. However, this missing investigation should then focus less on own research than on concrete facts (e.g. from a survey) in order to give the results more trustworthiness.

Reasons why Bitcoin is better than gold

To compare Bitcoin with gold is obvious. Both media are more value stores than means of payment. “Still”, the Bitcoin maximumist of Welt would object here. Because before BTC becomes a medium of exchange, the crypto currency no. 1 must first establish itself as a value store.

You can share this view, but you don’t have to. Nevertheless, it is exciting to note where Bitcoins advantages over gold lie. Here are five reasons why Bitcoin is better than gold.

Lower Bitcoin revolution transaction costs

If there is anything good in the Bitcoin revolution market according to onlinebetrug, it is that transaction fees continue to fall (and under certain circumstances there is an opportunity to enter cheaply). Those who accept a longer confirmation time of their transaction can currently send Bitcoin almost free of charge around the Erball.

The following formula applies as good as always: Longer confirmation time means lower fees. So everyone can decide individually how much they want to pay for a Bitcoin transaction.

This does not apply to gold in this form of Bitcoin loophole

Private customers can buy gold at comparatively favourable conditions; after all, small quantities of gold can even be sent by post. But with Bitcoin loophole it looks completely different. Here is the review by onlinebetrug. Apart from trading in gold-collateralised securities such as ETCs, the settlement of large volumes of gold is difficult and expensive.

In comparison, Bitcoin transactions are almost infinitesimally small. One example:

Here an unknown whale has sent the proud sum of 27,496 BTC (over 103 million US dollars). A click on the transaction details shows: The whale paid no more than 13 US dollars in transaction fees for the transaction.

A bargain.

AntPool – A PR coup to save Bitcoin Cash

AntPool is now burning parts of its block rewards – more precisely 12 percent of the transaction fees of an excavated block. The reason given by the Mining Pool was to upgrade the entire Bitcoin cash system and thus provide an economic incentive to Hodl. What noble motives – but is there more to it?

Disclaimer: I, Alexander Roos, am not an advocate of Bitcoin Cash’s on-chain scaling. I sold 90% of my BCH shortly after the hard fork and have held only a small stake ever since. The front men of the big blocks – Roger Ver, Jihan Wu, Craig Wright et. al. – seem suspect to me; which should mean extreme caution especially in crypto space. So when you read it, note that I am personally critical of BCH.

Bitmain’s role in the news spy

Bitmain is the largest mining hardware manufacturer in the world. The ASICs – computers that can only be used to calculate blocks – are right at the news spy. ASICs are more efficient than conventional hardware: Over time, so the theory, the hobby miners are pushed out of the market. Above all, the fact that Bitmain is the largest manufacturer spreads general concern.

Let’s recall last year: The scaling debate was completely inflamed and rumors about the so-called “ASIC boost” made the rounds. The ASIC boost was a trick to make Bitmain’s ASICs more efficient than others. SegWit would eliminate this unfair advantage as a by-product of Transaction Malleability. Suddenly, Bitmain’s opposition no longer seemed like an objection concerned about Bitcoin’s security and future, but like sheer greed. The plan: hold the network hostage and milk the cow for as long as possible. Then there was the popular uprising, the User Activated Soft Fork, and Bitcoin Cash forkte away from Bitcoin. The ASICs could continue to be used in this way.

AntPool, the selfless rescuer of the Bitcoin secret

Since the fork, Bitcoin Cash has not been as priced as Bitcoin secret. Even though Roger Ver keeps stressing that BCH is the real Bitcoin. The propaganda is not enough, economic incentives must come. AntPool, a mining pool under the control of Bitcoin secret, has announced 12 percent of the transaction fees of all geminter blocks to burn. This will lower the money supply in Bitcoin Cash. The price of money, i.e. the purchasing power, results from the total money supply and the absolute demand. The burning of tokens lowers the money supply. If demand remains the same or rises, the price rises. Everyone benefits! Or?

No, AntPool does not profit. Effectively the pool makes losses through its action. This lost profit benefits the system. With this the company also advertises – for the sake of the Hodlers and the ecosystem.

A second look
Behind AntPool is Bitmain. For me, the “fundraiser” works like a PR coup to save a dying crypto currency. The 12 percent of the transaction costs are not much for Bitmain. However, the press release could have a much stronger psychological effect on the market – à la “OH WOW! Less supply at BCash than at Bitcoin! All-in”. Of course this is exaggerated, but the point is made: If more people jump on BCH through the news and hodle it in the long run, Bitmain, pardon, AntPool can get out of business with a plus.

Let’s calculate how much money AntPool has burned on April 23rd:
17 blocks were mined. The average transaction fee per block is 0.01046389 BCH. The price per Bitcoin Cash was about 1.400 Euro. 17 * 0.01036389 BCH = 0.17618613 BCH through transaction costs. This corresponds to 0.17618613 BCH * 1,400 Euro/BCH = 246.66 Euro. If we take 12 percent, AntPool burned almost 30 Euro on 23.4.2018 (246,66 € * 0,12 = 29,60 €).

They didn’t pick me up. I still have 101 reasons against Bitcoin Cash. If there’s one thing I’ve learned from last year, it’s that crypto space is a battlefield. It’s a battlefield of intrigue and deception. I think the supposed hint of altruism is a cheap marketing move. The money supply, Rothbard taught me, plays no role for the economy.

The strategy seems to work well. Bitcoin Cash has risen by 100 percent in recent days. The 30 Euros per day are no longer a factor.

So much for what has in mind. But what is the current status of the project? became very popular last year. We have won some prizes, for example we received an award from the BDVI for the project Share & Charge.

These awards aren’t just exciting, we think that we will shape the blockchain scene in the long run: if you ignore financial applications, many other use cases are still in the proof of concept area.

We are a long way from that: We plan to go live with Bitcoin secret this year

As you said before, the vision of goes even further than an intelligent Bitcoin secret. The goal is a universal sharing network. In order for this to work, a link between the individual device – for example the lock – and the Ethereum blockchain is necessary. This is to be realized via Bitcoin secret. If I understand the concept correctly, this computer reminds me a little of the 21Bitcoin computer. Am I right and can you tell me something about the plans for this computer?

There are similarities in any case, even if there is a lot more directly realized in the Ethereum ecosystem – which is simply due to the possibilities regarding Smart Contracts etc..

With the big launch this year there will of course also be the Ethereum Computer. However, we don’t plan to sell it individually. The reason is that the tech-savvy user now has enough devices standing around with him; should really come to the receiver, the router, Amazon Echo, the various computers, the repeater… another device? We are therefore planning to cooperate with various companies so that, for example, routers with integrated Ethereum computers will be available. At the same time we will offer a version of the Ethereum computer as an open source variant of the community, which will probably run on the Raspberry Pi.

To finance this and other projects the DAO was created last year. Many things have already been said about it, I’d like to look into the future and ask you what you’ve taken out of it and if there’s anything like the DAO from your side again.

In any case, I learned a lot. Even if you as someone in public are a rather small cog in a huge venture fund like the DAO, people will associate you with the project. That might be nice in positive times, even if it got over your head to the extent that after the exploit you were held personally responsible. And not just until a solution was found, but beyond that.

With the DAO-Exploit we lost a lot of time, reputation and money – while the Hard Fork with its split in Ethereum and Ethereum Classic made quite a few investors even richer.

I still believe in the concept and follow projects like Charity DAOs very closely. I don’t think I will participate in such a project again, but maybe we at will sell shares in the company based on such a concept at some point.

Something matching the previous question is a technical question: what do you think are the biggest challenges you currently have to face regarding Ethereum or exactly the implementation of Smart Contracts in Ethereum?

I think there are two points to mention about cryptosoft:

The implementation of Smart Contracts must become even easier than implementing scam. You can use the HTML framework here, which allows people without much previous knowledge to create small websites. If you continue to think of all the toolkits and cryptosoft packages that make website creation easier, you’ll see that Ethereum still has a lot of potential for further development.

Another problem is the perception of Ethereum: many people see behind ETH primarily a monetary value. People rejoice at how Ethereum behaves in bullish times – but when the price falls, “Ethereum has failed”. This is even more incorrect in the case of Ethereum than at Bitcoin! Ethereum is about something completely different, which is why questions such as immutability ultimately arise quite differently. I mention this problem of purely monetary perception, as this can really cause Ethereum difficulties: there are now many projects within the ecosystem that raise an ICO without due diligence or the like and raise a lot of money. If this fails, Ethereum itself may be subject to regulation. has addressed many people with its project, so that it came to some further cooperations. Can you tell us something about this?

With Innogy, we are continuing to pursue the concept we developed with the RWE Innovation Hub: the aim here is to develop a charging device at traffic lights where cars can charge themselves via induction and charge themselves via Smart Co.

Now on iOS: Apple accepts Zcash as legitimate crypto currency

Users of the mobile wallet Jaxx can now manage Zcash in their wallet app in addition to Bitcoin, Litecoin, Ethereum, Augur and Ethereum Classic. Zcash is supported on both iOS and Android mobile phones. The strict and time-consuming approval process for new iOS applications and updates should be familiar to most developers.

Especially applications related to crypto currencies are closely scrutinized by Apple and there is no mercy if an application or an update seems inappropriate to the tech giant. Jaxx convinced Apple of Zcash and was able to include the digital currency in the wallet portfolio.

The rapid development of the Bitcoin revolution

Only in September 2016 did the Jaxx developers have to remove the wallet function for the Bitcoin revolution, which is designed for a high degree of anonymity. A heavy blow for Dash lovers and Jaxx users. An invasion of privacy:

The developers of Jaxx and Zcash wanted to do a better job this time and have met Apple’s strict approval requirements. Both development teams worked closely and painstakingly together to ensure that Zcash was not rejected by the iOS developers in advance. With success: Apple authorized the integration of Zcash into the mobile Jaxx Wallet and classified the currency as a legitimate crypto currency.

With the introduction of Zcash, millions of iOS users will regain some of their financial privacy, one of Zcash’s most important features. In an interview with Cointelegraph, Zcash CEO Zooko Wilcox spoke about the importance of Zcash integration:

“It’s important that there are applications as easy to use as Jaxx, and I’m proud that companies like Jaxx are working to expand the Zcash ecosystem. Privacy is becoming increasingly important. It doesn’t matter whether you’re just buying a cup of coffee, shopping for the family or making business payments,” Wilcox said.

Wilcox also emphasized Jaxx’s user-friendly Bitcoin loophole interface

According to Wilcox, ease of use is a key factor for the success of Bitcoin loophole in everyday life and a big step towards mass acceptance. The wide variety of digital currencies in the Jaxx Wallet also plays an important role:

“I am delighted that anyone with a smartphone (iPhone or Android) can now send, receive and store Zcash directly on their mobile phone. Thanks to Jaxx, sending Internet funds from Face to Face or around the world has become child’s play. We were very pleased with the integration and helped Jaxx launch it from the start”.

Altcoin market analysis – IOTA passes TRON

The total market capital has risen to 294 billion euros. All crypto currencies of the Top 10 up to TRON could show price rises. Up-to-date it looks with all crypto currencies after a consolidation.

So is a Bitcoin loophole starting now?

Not so fast. All crypto currencies under consideration are currently in consolidation. Look here: Accordingly, you should wait and see whether the price bounces off the specified supports or even rises above the specified resistances before opening a long Bitcoin loophole position.

The price development of the ten crypto currencies with the highest market capital, which is stated in billions of euros, is shown. For crypto currencies that are currently not directly exchangeable into euros, the respective trading pair was taken with US dollars as the basis and converted into euros.

After last week, this was a welcome recovery. 86 percent of the crypto currencies in the Top 100 were able to show price increases. The balance within the top 10 is similar: With the exception of TRON, all prices were able to rise. The same can be said in comparison to Bitcoin: With the exception of Tron, all other currencies performed better than Bitcoin. Market capital rose accordingly from 281 billion euros to 294 billion euros. The structure of the top 10 has hardly changed: Only IOTA and TRON changed their places

Best price development of the news spy

Trinity Wallet, a new partnership with DNB ASA and rumours of Qubic led to a very positive week for IOTA: After a test of the exponential moving average EMA100, the price could rise above this and rise to 1.70 Euro. Since then the price has fallen again and is currently testing the news spy support described by the EMA50.

The positive, but falling MACD and the RSI at 47 speak a bearish language overall. It is still too early for a long position, rather one should at least wait for a rebound to one of the exponential moving averages or to the support at 1.41 Euro. The target for such a long position would be the resistance, which is described by the weekly maximum and lies at 1.74 Euro. The mentioned support can be used as a stop loss.

Worst price development: TRON (TRX)

The price fall already announced last week could not be stopped by the Mainnet launch. The price tested the resistance described by the exponential moving average EMA50, but bounced off it and fell back to lower values. A downward trend has been pursued since May 20th. A little hope is given by the bullish divergence between the price trend in late May and the behavior of RSI and MACD.

A negative MACD as well as an RSI at 43 lead to an overall bearish impression. One approach would be to wait for a rebound and use the support at a good 0.05 US dollars as a stop loss for a long position. As a target, the resistance described by the downtrend at just under 0.07 US Dollar would offer itself.

Stability of the Top 10
Again the fight rages primarily on the rear places of the Top 10: Cardano has fallen behind Stellar in the meantime, but the two crypto currencies only separate four percent. TRON and IOTA also continue to race head-to-head. They are only separated by 8 per thousand. The other crypto currencies of the top 10 separate at least 20 percent. Likewise, NEO would have to increase by at least 22 percent to overtake IOTA.

Winners and losers in the course fall
On average, all crypto currencies have risen by 5 percent. The majority of crypto currencies have thus performed about as well as Bitcoin. For the top 100, the situation is somewhat different: Here, prices have risen by an average of 9 percent.

In the general upswing, Theta Token, Huobi Token and Golem are particularly noticeable with price increases of 58 percent, 39 percent and 30 percent respectively. However, all of them have too little market capital to climb to the top 10 within a week. TRON is the worst performing currency not only within the top 10, but also within the top 100.

In total, only 36 percent of crypto currencies within the top 10 have the lowest performance.

Needham Report sees rise in Bitcoin price to 848 U.S. dollars

How is Bitcoin doing on the market and what can we expect from the digital currency in the near future? A recent assessment of the Needham Report draws conclusions from all possible scenarios that could happen to the known crypto currency. One look at the report is enough, and it is already clear that the digital currency is on the right track.

According to the report, the Bitcoin acceptance rate is better than any previous expectations

With increased demand, the estimate of the price of the digital currency has also improved. The Needham report corrected its view for the future from $655 to $848 per bit coin. This improvement in the Bitcoin forecast is not reflected in the investments and derivatives of the digital currency, such as GBTC or other ETFs. The fundamental difference between Bitcoin and its derivatives forced the report to change the GBTC rating from BUY to HOLD.

While there are several reasons why the rating for GBTC might fall

The most telling is concerns about the scalability of the Bitcoin protocol. The block size debate is probably the longest dispute in the world. It’s been more than a year since parts of the community got ready to fight to find generally accepted solutions for the protocol’s scalability. So far without much success. Small groups of developers have met several times to present various innovative improvements to the blockchain. Some of their suggestions have had limited success. Mostly, however, until one or the other group has abruptly stopped working.

Unchallenged by the reactions, some developers have continued the development of the Bitcoin protocol. The new improvements to the Bitcoin protocol are even expected to exceed the prediction. The report’s list includes scaling, accelerated development time and innovation in the sector; improved features, as well as use cases for digital currencies. These should be indicators for a promising future.

“The dispersed group of developers who contribute to the code development for the Bitcoin reference client has, in our opinion, been very ‘conservative’ in dealing with protocol changes.

We view this “conservative” attitude as prudent, considering the large resources already invested in Bitcoin (Bitcoin market capacity > $9 billion) and since Bitcoin is used as digital gold, and since the users of a payment network must have confidence that there will be no extreme changes to the protocol label.

The Needham report has a separate section dealing with the scaling difficulties of digital currencies. The report seems to agree with the Bitcoin Core developers who want to implement a second layer rather than a hard fork that increases the block size.