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PURA Delisted From Open Ledger Exchange



Open Ledger Exchange has officially delisted PURA cryptocurrency. The exchange is claiming as reason that trading volumes after two months of listing had not reached a benchmark of 3000 transactions per month or, alternatively, trading volumes of US$ 1.000.000 (one million). This action is a highly questionable measure by Open Ledger, an exchange claiming to be a “decentralized cryptocurrency exchange” and “an exchange for traders of all levels”.
Initially, the exchange had failed to communicate the integration of PURA on Open Ledger to Coinmarketcap. Thus, Coinmarketcap did not show the listing on its website. Correspondingly, the majority of the cryptocurrency community unaware of the fact that PURA had even been listed on Open Ledger. Coinmarketcap is the number one resource of information for all cryptocurrency market participants. Overall trade volumes of PURA on average are currently far higher than the hallmark indicated by Open Ledger. Therefore, it is is clearly the responsibility of the exchange that projected trading volumes were not achieved and PURA has been delisted.
Delisted –  no support for backroom dealings
Moreover, after the exchange’s announcement that PURA was about to be delisted, the PURA Team was approached by Open Ledger with a dubious “service” offer. The exchange proposed market making by a trade robot in exchange for the amount of 0.25 Bitcoin per month. Two thirds of the amount would have been payable in Bitcoin and one third in PURA. In return, a trading volume of one million US-Dollar per month “would be reached”. The obvious response was to end the cooperation between PURA an Open Ledger effective immediately.
Regrettably, such shady undertakings are still a common occurrence in the markets. PURA is the world’s first social and environmentally conscious cryptocurrency. The consensus is that PURA does not support such business practices. Nor does the community wish involvement in such backroom dealings. PURA is a coin on the road towards mass adoption, and not a speculation project. Consequently, each participant in cryptocurrency markets has to decide whether to back questionable ventures. For more information on the long-term objectives of PURA, please read our PURA Whitepaper.

Blockchain Basics 5 – Shared databases enhancing networks

When we think about blockchain, it is a place to keep, store, and exchange cryptocurrencies – but databases? The original purpose of blockchain was for digital currencies. Currently research is in progress all over the world on a great range of applications. For instance, blockchain become distributed databases. Like Google Docs, these databases enhance security and decentralization. Another asset is the distribution of digital information instead of copying it. This way, blockchain technology could actually become the back of a new type of internet.

“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions, but virtually everything of value.” – Don and Alex Tapscott, authors of Blockchain Revolution.

An ingenious invention
The blockchain is a unique invention. Adaptions and applications via blockchain technology could serve us in many ways. For this purpose, let us look at some possibilities listed above, starting with blockchain as a distributed database.

Picture a spreadsheet multiplied thousands of times across a network of computers. In the tech industry, these computers are known as “nodes”. Nodes are an integral part of blockchain technology.  Now, imagine this network of nodes regularly updating the spreadsheet. This works like any other reconciled database. However, a distributed database has millions of nodes working simultaneously. There is no centralized version of the information. It is open to the public. Verification is easy. Information is encrypted. This makes hacking or corrupting the blockchain nearly impossible.

Before Google Docs, we sent Microsoft pages and spreadsheets back and forth. We sent emails, editing and updating along the way. However, synchronous changes were not possible. Then came Google Docs, a free web-based application. It allows for creating, editing and storing documents and spreadsheets online in real time. Documents are private or shared among friends and co-workers. Any authorized user with a full-featured web browser can access the document. The blockchain allows for similar application development for legal contracts and shared ledgers.

No significant disruption
Invented in 2008, the blockchain has operated without significant disruption. To be clear, problems to-date were often caused by human error. Other reasons were inside hacking or mismanagement. Consequently, flaws in the underlying concept were not among the reasons.

A network that is not controlled by any single entity and no single point of failure is revolutionary. Storing blocks of identical information across such a network is full of potential. Correspondingly, this concept brings and keeps everyone to a high degree of accountability.

A state of consensus
The blockchain network lives in a state of consensus. It automatically checks in with itself every ten minutes. At this point, this self-auditing ecosystem reconciles every transaction. It then embeds it into public blocks for purposes of transparency. In any case, corrupting or altering any unit of information on the blockchain would require enormous computing power.

Thus, all of the above brings us back to blockchain’s underlying cause for success – decentralization. Today, a global network of computers uses blockchain technology to jointly manage database recording transactions. Decentralization means the network operates on a user-to-user, or peer-to-peer, basis. This structure runs on management by the network, and not by any one central authority.

The shared economy
All things considered, how blockchain technology may serve us in the future is just the tip of the iceberg. Blockchain creates a type of shared economy by enabling peer-to-peer payments. It opens the door to direct interaction between parties for supply chains or file storage. Crowdfunding, smart contracts, and even governance are other possible applications. This form of networks in mass collaboration will most certainly turn into a vital assets in various developments across a wide range of industries.

https://pura.one/blockchain-basics-5-databases/

PURA now listed on BTC Monk cryptocurrency exchange



PURA Vida everyone! We hope you have a great start into the new workweek as we have great news for you! On Saturday, cryptocurrency exchanges BTC Monk listed PURA.


State-of-the-art trading platform
BTC Monk is an international multi-cryptocurrency exchange. The exchange offers a state-of-the-art trading platform that enables users to buy or sell cryptocurrencies. Trading is in real time using fiat currencies Indian Rupee & Thai Baht 24 hours a day, seven days a week. Moreover, the exchanges provides outstanding user experience and has a focus on seamless trading and flawless customer support. Correspondingly, whether you are an occasional buyer or seller or a full-time day trader, this exchange has the right tools for you.

Undoubtedly, PURA’s listing on exchanges such as Kucoin, CoinExchange, Cryptopia, C-CEX and now BTC Monk is advancing network effects on the road to mass adoption. Additionally, to stay in the loop on all PURA developments, make sure you join our PURA Telegram Group!

How to Join the PURA Official Telegram Group
Download the Telegram app to the desktop of your computer. (You have to have Telegram installed before joining the group.)
Download the Telegram to your mobile phone.
Click on the invitation link: https://t.me/puraofficial or visit our website pura.one, scroll down and click on the Telegram icon.
Join right in the discussion and stay on top of all the news! (Please note the discussion is in English.)
 

A Cash Movement for the Common Good
PURA is the world’s first socially and environmentally conscious cryptocurrency that is programmed by protocol design to contribute up to 10% of its mining rewards to the common good. PURA allows you to interact worldwide privately, directly and instantly with fast transaction times. Presently, the number of merchants around the world accepting PURA is growing on a daily basis. In order to sustain a high number of coins in circulation, PURA sets proof of ownership for a masternode at 100,000 PURA. For more information, please read our PURA Whitepaper.

PURA Vida and Happy Monday everyone! Great news today at the start of the week! The PURA Team is very proud to announce that in just a few weeks, you will be able to trade PURA on HitBTC,  one of the world’s biggest cryptocurrency exchanges. Great efforts are also underway by the team on an ongoing basis to list PURA on all the major exchanges. We are happy to reach another milestone with HitBTC! Correspondingly, over the next months we are going to keep pushing to increase the numbers of exchanges where you can trade PURA. News on these developments are coming up soon.

Founded in 2013 with venture capital of EUR 6 million, HitBTC is an innovative global trading platform with multi-currency support, high liquidity and low fees. Based on rapid powerful API and outstanding matching core engine output, HitBTC traders are in for a unique trading experience. For volume traded, HitBTC is the 8th largest exchange in the cryptocurrency world. As of March 2018, HitBTC had a daily volume of over USD 250 million.

Listings on further exchanges coming up
We are looking forward to offering you trading PURA on HitBTC in about three to four weeks. Stay tuned on our PURA blog, the BlogChain! We are in the process of finalizing deals with other exchanges and will post more news in the coming days.

PURA is the world’s first socially and environmentally conscious cryptocurrency that is programmed by protocol design to contribute up to 10% of its mining rewards to the common good. PURA allows you to interact worldwide privately, directly and instantly with fast transaction times. The number of merchants around the world accepting PURA is growing on a daily basis. In order to sustain a high number of coins in circulation, PURA sets proof of ownership for a masternode at 100,000 PURA. For more information, please read our PURA Whitepaper.

So – Happy Trading everyone!

Have you joined our PURA Telegram Group yet? We have a surprise for you!

Pura Vida everyone! We are watching in fascination how our user numbers and social media channels are evolving! Our community groups are growing on a daily basis! Our international PURA Telegram group, PURA Official (English) is rocking! It is going to the moon, so to speak!

Our Telegram group members love to interact. Telegram is where users discuss the latest developments! So make sure you join in our PURA Official Telegram group! We have a surprise for you! Our PURA Telegram users will be the first to find out when the new PURA Aurora Wallet comes out! Do not miss joining today!

That’s right, the PURA Telegram Group will be the first channel where we are going to publish the Aurora update  – MORE THAN TWO DAYS before all other channels! Join right now and be among the first to participate!

Joining Official PURA Telegram is easy as one, two, three!
1) Download the Telegram app to the desktop of your computer. (You have to have Telegram installed before joining the group.)
2) Download the Telegram to your mobile phone.
3) Click on the invitation link: https://t.me/puraofficial or visit our website pura.one, scroll down and click on the Telegram icon.
4) Join right in the discussion and stay on top of all the news! (Please note the discussion is in English.)
We are so happy that our PURA community is so active and busy and loves to keep on top!

+++ PURA Aurora Release Update +++

+++ Just in +++
PURA Aurora Live Ticker
PURA Vida everyone – this news just in!
As promised, we are in the process of updating the network in the next few hours and wanted to give everyone an update and a taste of things to come regarding the release of PURA Aurora.

Status Quo on Update
We needed to push the network live prior to the wallet release. We will allow everyone to download the new wallet today as well as show them the web wallet for the first time. We think that everyone is going to be very happy with the look, feel, and functionality.
We want to make a few things very clear so everyone is on the same page about what happens next. As many of you know when a core is updated exchanges that are currently running the existing version of the wallet are required to update as well in order to transition over in an orderly fashion. As most things in the crypto exchange world are typically backlogged, we have only been able to open direct lines of communication with Kucoin at the moment.

What does this mean for me as a wallet holder/trader/regular user?
If you hold your PURA on a private wallet, you will simply need to update and away you go. Any PURA that you hold on exchanges will be held there until they update their respective wallets internally. Many of you have experienced this in the past with other coins while trading is halted for a period in order to allow the exchange to update then everything resumes as normal.

We have outlined a very straight forward guide for all exchanges and hope that they will follow this guide. In the event that they do not follow our guide or simply take their time to complete the update, there are a few things that you need to know:

1. Your coins are safe. This is not a hard fork. Any existing PURA that resides in the old version of the wallet will remain there. Once the wallet is opened again everyone (including the exchanges) will be prompted to update to the new version. Once this is completed everything will move forward.

2. The common and masternode push to deploy will become live starting today but we run the risk of freezing the network if everyone tries to use them all at once. Because of this, we will be releasing them in batches of 100 (first come,first serve) as soon as the release comes out. Each request basically requires our algorithm to assign an IP for the masternode and this runs through the VPS service. We have several thousand VPS’s ready but will again be at the mercy of time as to how quickly they will be assigned.

What does this mean to me as a current masternode owner or participant in a mining pool?
In order for the new rewards to begin, we need to reach network consensus. We have already been in contact with a large portion of the masternode holders and feel that we will reach consensus rather quickly. Once the consensus level reached the appropriate percentage, we will switch to the new rewards. Individuals or pools that are running the previous core version will be required to update in order to receive rewards moving ahead.

Any participants in mining pools are advised to reach out directly to your pool administrator and request an update. This guide will be posted very soon and again it is our goal to make this as smooth of a transition as possible.

In closing for now we are excited to work with everyone making this a great update experience. The new wallet and core code was stripped down to the bare essentials and rebuilt by members of our team, who we strongly feel are some of the best minds in the crypto space today. Future updates will happen automatically and smoothly both on the individual and exchange end.

We want everyone to know that we will be here to answer any questions that the community may have about the latest update and value your feedback. Finally, thank you all for supporting our vision to empower people and the environment through decentralization. Our team makes us strong but our community allows us to collectively become a powerful force that this world needs!

The crypto world – future or fantasy?

Investment frenzy or mass adoption

Why you should get started with PURA today

Hello PURA Lovers around the world! Happy hump day to you! All of you already active in the cryptocurrency market and those of you just getting started have experience that roller-coaster feeling you get when you become involved. As the cryptocurrency world is still new, today we want to shed some light on what you should consider if and before you get involved (link) in cryptocurrencies and more specifically, PURA.

The cryptocurrency market is rapidly growing, it is full of opportunities and equally as noted for potential pitfalls. The market is completely open to anyone with internet access, it affords unprecented technological innovations and investment opportunities previously unknown.

Blockchain technology was founded on the premises that it is decentralized and hence unregulated, which may infuse uncertainty and hesitation because for the first time in the history of digitalization and finance, market participants are completely responsible themselves when participating in this novel realm. With almost daily media reports on stolen cryptocurrencies (article on Japan), possible regulations by national governments or political unions (article on regulation) or hacked accounts (link to cold storage blog entry), first-time investors may easily lose their cool and reconsider participation altogether.

Education
However, despite of their novel and highly volatile nature, cryptocurrencies, and blockchain technology as well, remain among the most exciting and promising innovations of the 21st century. We probably all agree that back in the days we went to school what we feared the most were tests and exams we didn’t prepare for adequately. In order to feel good and safe about getting interested and ultimately involved in an endeavor we have no experience with, the best way is to educate ourselves on an ongoing basis (link to blog) and to prepare ourselves the best we can. Once we can make informed decisions, we are more at ease because we feel well informed and in charge of our decisions. The way we educate ourselves is the foundation of becoming responsible participants in the cryptocurrency market. 

Building our cryptocurrency assets with PURA
The massive frenzy and hype involving investments in this highly volatile market with some participants literally going all in and making huge profits and losses over night is as enticing as in some instances dangerous. The fear of missing out (“fomo”) on a rush that seemingly offers endless financial opportunities overshadows the concept of getting involved in long-term sustainable investments that support mass adoption, innovations for the common good and further development of the blockchain technology.

For these reasons, PURA is working on becoming a valuable choice for sustainable, long-term investment. PURA protects our planet by being the world’s first socially and environmentally conscious cryptocurrency that is geared towards mass adoption. Protocol design in the next release coming up will contribute 10% of PURA mining rewards to the common good. These projects will fund fully transparent, blockchain-tracked, sustainable, environmental and social projects around the globe, removing the need to simply trust a nonprofit or prosocial cause based on good faith alone. As opposed to the get-rich-quick-schemes underlying “pump and dump coins”, PURA is banking on steady development, state-of-the-art technology and the well-being of mankind in the long term.

To stay in informed on all upcoming developments, like and share PURA on Facebook and Twitter and make sure you visit our website (link to website home page).

As promised please find the new block rewards schedule here.

1550 blocks a day
Blocksize 10 PURA
distribution of the 10 PURA:
MINERS 2.0 PURA
FULL Masternodes 5.16 PURA
Commonnodes 0.40 PURA
Proof of Acceptance 1 PURA
PuraPlanet 1.0 PURA
Governance 0.44 PURA

Every year the Blocksize will be reduced 8%

Although we are very happy with these numbers we would of course like everyone's feedback prior to our update next month.
Look for a few additional updates this week as we get ready to start the marketing next month. We know that there are lots of crypto's on the market that do heavy marketing constantly.
Although we do not necessarily disagree at the moment we have been focusing on making a functional coin that can be used transactionally, easy, via mobile, and that gives back both to the end user and the world.
Once we start our campaigns next month you will certainly see more activity here and on social.
We appreciate your patience and hope that you respect our decision to build something solid and usable in the real world as opposed to just trying to hype the coin for sake of short term movement in price.
We will be here for a long time

August1106
Commonnodes are a new concept.
The main difference here is that a typical masternode is made to remove a certain supply of coins from the market by rewarding early adopters etc for hodl a large number of coins. As the price increases it becomes more and more difficult for everyday investors to achieve masternode status. The commonnode will with PURA is a small entry point (1000 PURA as opposed to 100,000 PURA for a master) and will yield daily rewards straight into your wallet. For large investors this is not such a big deal but in areas of the world with emerging markets making a little bit everyday just by having some PURA and a mobile phone goes a long way. Please let us know if you have any further questions.

Hi there Kagere,
The 1000 coin requirement gets paid out through our commonnode system. Similar to staking the only thing you need to do is keep a balance of 1000 or more in your wallet. If you accumulate more than 100,000 then you will also have the option to activate a masternode. This will be the first "push to deploy" common and masternode system in the crypto space that we are aware of. Feel free to ask any other questions and be sure to check back for regular updates.

Hello fellow Puraneers,
We will be dropping by from here on out a few times a week starting this week to give everyone updates. There are a good deal of questions out there at the moment regarding the upcoming release and use of the existing wallet and other developments. As we move ahead with the February release we want to get everyone ready for the great features that are being developed. This week let me talk about the new integrated node systems. Currently PURA masternodes require 100,000 PURA to receive rewards, the upcoming commonnodes on the other hand will only require 1000. Our goal is to release the first ever push to deploy node system for both desktop and mobile. 
How is this going to work and when can I get started?
Upon release of the new wallet your upgraded interface will include a simple push to deploy common and masternode button built directly into the wallet. These will automatically become available as soon as your available coins qualify for these rewards (1000 for common 100,000 for master). Just push the button and automatically receive rewards back into your wallet as they are released (less a small gas fee). After several months of research and community engagement we found that most people do not deploy masternodes due to the technical complexity or confidence to deploy a masternode system. We take all of the leg work out of setting up your own and let you get back to just collecting the rewards!
We are also in the process adjusting the rewards system for both masternodes and commonnodes in a very positive way. We will be posting what these will be prior to the launch but be sure to keep checking in here for updates.

PURA TEAM now online

https://pura.one/team/

https://pura.one/team/

New Whitepaper published today.

https://pura.one/wp-content/uploads/2017/11/Pura_Whitepaper_0.2.pdf

We are currently working on:

- the next update, which will be a game changer for the whole industry
- whitepaper for the next update
- binaries
- dev. team introduction with linkedin accounts
- preparing a press conference to introduce the next features after the next update in Asia

We got a message from the pool admin at the beginning that the payouts are on every gained block.

It's better to ask in the PURA Community Telegram chat this question.
https://t.me/joinchat/F6kj1kR1Zu5tosc31RxPvQ

This is the PURA-Thread!

At the moment the same guarantees as other coins- or token-projects. No Cryptocurrency adopted mass market and will surely NOT do within the next 12 months. We built in different hacks for mass adoption in our next update we will release in beginning of 2018.

The team will be published next week, as well as the new whitepaper, brandbook, download section for graphics, etc.