a community driven future Dex with MN Coin

Aim of the win.win project is to create a truly decentralized exchange platform with cross-chain atomic-swaps capabilities to facilitate the direct transacting of value between network users. There will be no fees for the direct peer-to-peer exchanges, as these transactions are performed directly between user wallets. Since transactions will take place directly between user wallets without the involvement of any third party, there will be no fee for these exchanges.

It is anticipated that the win.win project will run on NEM’s Catapult technology in future, which is high performance and includes the required features such as decentralized atomic swaps.

The team associated with the win.win project is highly experienced in sectors like — telecom/communication and they lay special emphasis on Transparency and Honesty.

Edwin Terek, one of the Pioneers of the win.win team said: “The biggest revelation and disappointment has been the lack of transparency in the blockchain industry. One of the main ideas of blockchain is to promote trust. Yet, many of the participants behave in a way that is completely contrary to these ideals, and brazenly display a complete lack of transparency.”

The win.win project has a short roadmap which can be summarized as below-

STAGE 1 ❯ TWINS Coin Launch

Seed nodes are hosted and controlled by the win.win foundation team. Wallet apps and public master node setup guides will be published during the weeks of the TWINS mainnet soft-launch period.

80% of the block rewards are distributed to TWINS Masternodes, 10% of the block rewards are distributed to TWINS Stakers, and 10% of the block rewards are distributed to the TWINS Developer Fund.

100% of TWINS mined from the seed nodes are distributed as community bounties and used as a liquidity pool.

STAGE 2 ❯ TWINS Network Growth

Community participation is the critical requirement of the network growth in terms of the number of active masternodes and the accelerating transaction activity of TWINS coin on the network and crypto-exchanges.

100% of foundation reward TWINS are distributed as community bounties for network growth incentivisation, community invites and management, business development and marketing and PR.

STAGE 3 ❯ TWINS Network Maturity

A critical mass of decentralized masternodes and the acceptance of the TWINS cryptocurrency gives rise to the development and deployment of the win.win decentralized exchange platform and updated wallet apps to support direct peer-to-peer cross-chain transactions.

100% of foundation reward TWINS are used as community bounties for decentralized exchange platform development and network sustainability, community management, business development, marketing, on-boarding incentivisation and project advancements.

Currently the stage -1 of the project has been completed successfully and we are in stage -2 now.

TWINS coin- Masternodes

This project has been started without any kind of premine or an ICO being held. The public TWINS network was launched on January 8 after being seeded by the win.win team, with the goal to grow into truly decentralized, independent and highly secure blockchain infrastructure. The win.win project will use this infrastructure to enable direct peer-to-peer value exchanges between user wallets as a self-sustainable and independent decentralized application.

TWINS is a Proof of Stake and Masternode coin, the coin economics of it can be found in the below screenshot-

As evident from the above, 80% of the block rewards are distributed to TWINS Masternodes, 10% of the block rewards are distributed to TWINS Stakers, and the rest 10% of the block rewards are distributed to the TWINS Developer Fund.

The Dex is not going to be launched any time soon, but until then TWINS is a good source of passive income. There has been a continuous increase in the number of TWINS MN, which exhibits the community support and its demand. At the time of writing there are close to 90 Master Nodes and the amount of coins locked in Master Nodes is above 80% which is one of the highest in Master Node projects.

TWINS is listed on two top 100 exchanges within 2 months of its launch which is a huge achievement, links of both the exchanges can be found in the end of this article. Also, TWINS was recently listed in coinmarketcap website.

Source force Platform

New Capital, the initiator of the project believes that the win.win project must be self-sustainable and completely independent of all parties (including the initiator) in order to accomplish full decentralization and achieve the end-goal of supporting true peer-to-peer value exchanges. The end-goal is to achieve full community control of the mature project with complete independence from the win.win team.Therefore, the growth and success of the win.win project is wholly dependent on the involvement and contributions by the community.

New Capital team has recently launched a Dedicated Platform for community contribution, where users can submit their work towards any of their project (including win.win project) and they will be rewarded by the team. This is good opportunity for the community members to work towards their favorite project and in return they get their favorite coins too.

The Source Force platform will also attract new participants who will contribute their time and valuable knowledge to the project and will be rewarded with TWINS cryptocurrency. This is an effective method of promoting organic and enthusiastic community growth through active participation, and will serve to direct and focus our PR efforts with clear and measurable goals.

Published at Fri, 19 Apr 2019 06:17:56 +0000

April 15, 2017

Global Banking System Under Threat As Hackers Crack NSA, SWIFT Again

Hacker group Shadow Brokers has allegedly proved the US National Security Agency (NSA) hacked SWIFT international banking network.

NSA ‘Documents And Files’ Show SWIFT Transactions ‘Monitored’

In “documents and files” released Friday, Reuters reports, the group said it had evidence the NSA used SWIFT to “monitor money flows among some Middle Eastern and Latin American banks.”

The news marks the second time Shadow Brokers has laid claim to compromising NSA secrets. In August 2016, the group said it had entered an agency affiliate and taken details of cyberweapons, which it planned to auction for one million bitcoins.

If true, it is also a further blow to SWIFT, which last year recorded several high-level security failures worth hundreds of millions of dollars.

“NSA hacked a bunch of banks, oil and investment companies in Palestine, UAE, Kuwait, Qatar, Yemen, more,” Mustafa Al-Bassam, computer science researcher at University College London, commented on the findings.

bitcoin Core Dev: Implications Beyond Spying ‘Burning Question’

Reactions from within the cryptocurrency community meanwhile focussed on the broader implications of Shadow Brokers’ latest attack.

Core developer Wladimir van der Laan wrote on Twitter “(finding) indication of tools for manipulation of banks/markets, more than spying” was now the “burning question.”

So the burning question about #SWIFT #eqgrp leak: did anyone find indication of tools for manipulation of banks/markets, more than spying?

— Wladimir (@orionwl) April 15, 2017

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As the traditional financial system comes under increasing threat from cyber criminals, bitcoin could emerge as the go-to method for storing wealth thanks to its decentralized blockchain and SHA 256 encryption, especially when compared to the ‘honeypot’ of banks’ centralized databases.

Microsoft Back In Spying Spotlight

The released data does not only focus on SWIFT, but also on Microsoft. Having been outed as involved in NSA spying activities by Wikileaks’ Vault 7 dump in March, the corporation this time is facing stolen code for compromising Windows, “at least some of which still work.”

In a responsorial statement, Microsoft protested ignorance. No official correspondence regarding the threat had been received.

“Other than reporters, no individual or organization has contacted us in relation to the materials released by Shadow Brokers,” it told Reuters.

Regarding the specifics of the SWIFT hack, it appears Dubai-headquarted service bureau Eastnets could be a major target.

Like Microsoft, the SWIFT intermediary denied any malicious activity had occurred.

“The reports of an alleged hacker-compromised EastNets Service Bureau network is totally false and unfounded,” the BBC quotes a spokesperson as saying. “The EastNets Network Internal Security Unit has run a complete check of its servers and found no hacker compromise or any vulnerabilities.”

NSA spying activities are claimed to have affected not just companies, but politicians and even everyday consumers.

As part of Vault 7, WikiLeaks suggested end-user electronic devices such as smartphones and smart TVs could have become microphones for intelligence officers to listen in on.

Even Donald Trump and his family may have fallen victim.

What do you think about the Shadow Brokers’ latest claims? Let us know in the comments below!

Images courtesy of Swift, Twitter, Shutterstock

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