Rublix Newsletter: June 2019

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    Rublix Newsletter: June 2019


    Dear Rublix Supporters,

    Things are heating up at the Rublix offices as we get closer and closer to the public release of the HedgeTrade platform. We're putting the finishing touches on the User Interface, adding some exciting additional features, and ensuring the security and infrastructure of the application is bulletproof.

    The market is also really starting to notice our project as we are receiving emails and chat notifications every few hours about how to sign up -- which is a great sign! Since we're still beta testing and not available to the public yet, we're capturing their contact information and hope to convert them into HedgeTrade users once we launch.


    HedgeTrade: Features & Final Testing

    As we approach the official release of HedgeTrade we are finding new ways to make our platform even better! With some exciting new features to our UX and Create Blueprint pages as well as an improved frontend design, we are more proud of our platform than ever.

    We will also be introducing even more trading pairs, active charts, and even how-to videos to guide our new users through the HedgeTrade experience. We look forward to our rapidly approaching release date. Stay tuned for more!

    HedgeTrade & Rublix YouTube Channels


    Did you know we have a YouTube channel? In fact, we have two! 

    In order to keep both channels dedicated to our projects, we now have two separate channels with exciting new content being uploaded regularly. 
    • On our HedgeTrade YouTube channel, you will find helpful walkthrough guides on how to use our platform and its various functions. 
    • On our Rublix YouTube channel, you can keep up to date with the latest happenings around the office, meet the team, and catch up on all of our past videos.
    Check out the explainer video of our alpha version below which gives you a walkthrough experience of HedgeTrade.

    HedgeTrade Blog: An Information Epicenter


    Our content generation team is constantly looking out for new and relevant topics that cater to technology enthusiasts, traders and cryptocurrency users alike. From tutorials and breaking news to how-to's and cutting edge technology, we have it all.

    Check out some of our latest articles:


    How Staking Coins Work
    How to use a Bitcoin ATM
    Best Crypto Trading Bots
    A Guide to Technical Analysis: Differences between Fundamental Vs. Technical

    Whether you are a n00b or a seasoned veteran, our blog has something for you!
     

    Stay Tuned

    As we approach our official release, we want to thank all of our dedicated supporters for their continued interest in our project. We can't wait to show you what we have in store!

    Follow us on our social channels!

     

    Rublix:

    HedgeTrade:


    All the best,

    -The Rublix Team 

     

    *** Featured Blog Post ***

    Bitcoin vs. Facebook Coin - 17 Key Differences

    Last week's Facebook announcement regarding the
    Libra cryptocurrency project triggered a virtual news cyclone. In the aftermath, surely the masses were left more confused about cryptocurrency than ever. Today we'll clear up how the Facebook coin is different from the most successful cryptocurrency to date, Bitcoin, and what this means for the fast-evolving crypto industry. So let's begin with our 17 Key differences:

    #1 – Decentralization
    Decentralization in general means a move away from centralized authority towards a system where no one entity has total control. With cryptocurrencies, this often means that network computing is spread out onto multiple servers. Traditionally, businesses have had private networks on one or a few servers, thereby creating a central point of attack making it easier to hack. Decentralized networks may also be called distributed.

    Bitcoin is one example of a decentralized network. It's spread out over thousands of network servers, residing on the computers of its worldwide miners and node operators. Each of these users has a copy of the Bitcoin Blockchain stored on their computer. Moreover, no single entity controls Bitcoin.

    While not impossible to hack, it would take substantial resources to try and manipulate the Bitcoin Network. The financial and time requirements needed to hack it are so extensive it wouldn't make sense for a hacker to do it. 

    Facebook's Libra project is calling itself decentralized. But at first, it will only be distributed to the founding members, those mega-businesses like Paypal and Visa. Their plan is to eventually become more decentralized. It also will be heavily controlled by Facebook in the beginning and then by the founding members (including Facebook). It's their intention to move towards a more decentralized system by including merchants and token holders, which would essentially mean all Facebook users. 

    #2 – Governance
    Bitcoin's
    Proof of Work Consensus Mechanism is essentially a system whereby users follow rules that benefit the system and the users. Those that do not follow the rules are pushed out so that they don't bring detriment to the system and they are also not allowed to benefit from it.

    At the start, the entities running the Facebook crypto coin will be Facebook and other big companies that each pay $10 million to join the Libra Association. This Association runs the system by voting on set rules and verifying transactions. Again, the stated intention of the white paper is to gradually move towards more decentralized governance where more users take part.

    #3 – Type of Blockchain
    The Bitcoin Blockchain is public and open to all users. They may easily see all the transactions on the entire blockchain by viewing a
    Blockchain Explorer. But users do not need to give up personally identifying information in order to transact on the Network. What you can see publicly is transaction information including date, amount and wallet address. 

    Even though the Bitcoin Blockchain protects privacy, law enforcement officials have learned to monitor the blockchain transactional data in their pursuit of money launderers and other criminals.

    The Facebook coin will be built on what they are calling a permissioned blockchain, but without blocks or chains as you'd see with other blockchains. So instead of a distributed ledger with blocks connected by chains to store transactions, they will use a "
    single data structure that records all transactions and states over time." 

    Furthermore, Facebook, a central authority, will decide on who can control the blockchain network. Those companies approved by Facebook must have either a market value of $1 billion or more, a user reach of 20+ million, or customer balances exceeding $500 million, with some exceptions for Universities or charitable organizations. Their goal is to move towards a decentralized, permissionless blockchain (like Bitcoin), though
    no one has ever accomplished this type of switchover



     

    Copyright © 2019 Rublix Development Pte. Ltd., All rights reserved.
    You are receiving this email because you enter your email address on the Rublix or HedgeTrade website.

    Our mailing address is:
    Rublix Development Pte. Ltd.
    80 Robinson Road, #02-00
    Singapore 068898
    Singapore

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