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Litecoin [LTC]’s new logo met with mixed response by the Litecoin community

Litecoin [ltc]’s new logo met with mixed response by the litecoin community

Litecoin [LTC]’s new logo met with mixed response by the Litecoin community

Recently, the Litecoin Foundation moved to adopt a new, light blue logo for Litecoin in a step that it hoped, would herald a reversal of fortunes for a struggling cryptocurrency. However, after an overwhelmingly positive reception that welcomed it, the reaction to the new logo has stalled and some have begun to voice their disapproval of the same.

The new logo, designed by an Australia-based designing firm, was meant to symbolize Litecoin’s brand evolution and modernization, with an emphasis on trust and speed. However, some in the community have already started voicing their displeasure about the new logo.

@oasacethis, a Twitter user said:

Litecoin [ltc]’s new logo met with mixed response by the litecoin community

Source: Twitter

Another Twitter user @TheOGbull said:

“The silver logo is iconic and should not be played with, to avoid confusion. bitcoin $BTC’s orange logo is rarely tinkered with. It should be the same when it comes to litecoin.”

There have also been others who have criticized any move to re-brand Litecoin as futile as they feel that the move doesn’t address the real challenges faced by Litecoin in the cryptocurrency market.

However, there have been many positive responses too, with users commending the efforts of the Litecoin foundation and welcoming the move as necessary to the forward track of the cryptocurrency. Many users have also justified the logo change and have argued passionately about the merits of the new logo.

Many have correctly pointed out that each of the changes, whether it is the italicized font or the change in color, works in favor of a brand looking for new fortunes. The former for instance is representative of speed while the latter is a color adopted by the biggest brands in the world such as Facebook, Twitter and LinkedIn and denotes a sense of trust and security and gives an instant sense of recognition.

The post Litecoin [LTC]’s new logo met with mixed response by the Litecoin community appeared first on AMBCrypto.

Published at Sat, 26 Jan 2019 09:03:53 +0000

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Confideal Announces Cooperation with district0x

Smart contract creation platform Confideal announced today that they have entered into a cooperation agreement with district0x, the network of decentralized marketplaces and communities.

[Note: This is a press release.]

district0x’s cooperation with Confideal will provide uncompromised benefits for both companies. district0x’s experience in creating “districts” as marketplaces that are operated by a lot of smart contracts is priceless, and Confideal will get a lot of experience and recognition by taking part in the creation of the smart contracts for new “districts.”

Thus, it will allow Confideal to get more client-flow through their platform, and it will allow districts to simplify their smart contract creation processes, because all of their d0xINFRA framework is comprised of Ethereum smart contracts and that is what Confideal is specialized in.

The district0x Network is a collective of marketplaces and communities, which we refer to as districts. Districts exist as decentralized autonomous organizations on the district0x Network. All districts will be built upon a standard open-source framework, d0xINFRA. Modeled after the Ethlance stack, the d0xINFRA framework is comprised of Ethereum smart contracts and front-end libraries.

To provide all internet citizens with an opportunity to freely join and contribute to any district, to align incentives across all of a district’s participants, and to implement coordinated decision-making mechanisms to the district0x Network, the district0x Network Token has been introduced. The district0x Network Token (DNT) is a staking token, used by holders to join districts and participate in their governance.

Upon staking district0x Network Tokens to a district, participants receive an equivalent amount of voting rights in the district. Voting rights can be used to partake in the processes that determine everything from a district’s branding, to its accepted code of conduct, to the auxiliary modules that are integrated, to the way that fees collected by revenue-generating auxiliary modules are utilized, and beyond.

For more information about district0x, please visit district0x.io.

Confideal is a visual smart contract builder that makes creating, managing, and enforcing smart contracts quick and easy. Users with absolutely no coding skills can create an enforceable, self-executing, and secure digital agreement powered by Ethereum for all types of transactions. The platform’s built-in arbitration module allows contract parties to resolve disputes in the Confideal environment using top-rated arbiters without the need to reveal any personal data. It offers a revolutionary opportunity for enterprises, small companies, and individuals to execute deals without the need for costly and delay-inducing intermediaries.

For more information about Confideal, please visit confideal.io or chat with the team on Telegram.

Images courtesy of Confideal and district0x.

The post Confideal Announces Cooperation with district0x appeared first on Bitcoinist.com.

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