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WPEngine Coupon Code

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WPEngine are a hosting company which specialize in WordPress websites, the number one CMS in the world. They have established themselves as the market leader in managed hosting, which means you don’t have to worry about the day to day running of the platform: everything is optimized and taken care of to make sure your site is up to date and running fast.

They offer a range of features such as automated backups, updates of WordPress and any plugins and themes, staging sites, automatic migration to their platform, excellent support and security.  They also offer some of the fastest load times of any hosting company.

We have teamed up with WPEngine to bring you an exclusive coupon code which will give you 20% off any of their hosting plans and if you choose to pay for a year, you will get 4 months for free.

Simply follow our link and the discount will be applied.

Click Here for the Deal


Here is a break down of what you will save off each plan using our promo code.

⚙️ Plan ⭐️ Included 💰 Usual Price 🎁 With Our Promo
Startup
  • 25,000 visits / month
  • 10GB local storage
  • 50GB bandwidth / month
  • 1 sites included
$30 Per Month ❌ $20 Per Month ✔️
Growth
  • 100,000 visits / month
  • 20GB local storage
  • 200GB bandwidth / month
  • 10 sites included
$115 Per Month ❌ $76 Per Month ✔️
Scale
  • 400,000 visits / month
  • 50GB local storage
  • 500GB bandwidth / month
  • 30 sites included
$290 Per Month ❌ $193 Per Month ✔️

How to Use the WPEngine Coupon Code?

To claim your discounted hosting plan, follow our link to our special WPEngine landing page.

WPEngine HomepageWPEngine Homepage

Scroll down and you will see the pricing plans to choose from – Startup, Growth, Scale & Custom. You will see that the discount has been applied to the pricing options.

WPEngine Pricing with Discount AppliedWPEngine Pricing with Discount Applied

Simply, select which plan you’d like to purchase and click the “Get Started” button. This will take you through to an account setup page.

Account setup pageAccount setup page

On this page, simply choose any add-ons you might need, enter billing info and then click “Create my site” to get started building your new website!

WPEngine FAQ

What is WordPress?

WordPress is a content management system (CMS) which allows anyone to create a free website and easily manage it from the admin panel. We use WordPress here on Blockonomi and it also powers 60% of all websites currently on the internet!

What is WPEngine?

WPEngine are the best managed hosting company for WordPress websites. They offer a range of plans to suit all sizes of website from personal blogs to large enterprise sites.

How much can I Save?

With our coupon code you can get a discount of 20% off the purchase of any plan, if you purchase a year’s hosting you will get 4 months for free.

Who can use the Coupon Code?

This coupon code is available to use all around the world, will work for people in US, UK, Canada, Australia, Europe, Africa & Asia.

How do I use the Coupon Code?

Just click through on our special link and your saving will be automatically applied when you make your purchase.

Is this the best deal?

Yes, our coupon code is currently the best discount currently available for WPEngine.

2,256

Source: https://blockonomi.com/wpengine-coupon-code/

Blockchain

Ripple Coin Explained

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When people say ‘Ripple’ they are probably asking for the cryptocurrency. However, it is actually not the coin itself. Ripple is the system that uses the crypto coin called ‘XRP

BUY NOW’ as an asset. The company that made the system and maintains it is named Ripple Labs. Most people call it ‘Ripple’ because it’s easier to pronounce and remember. 

While Ripple does use cryptocurrency, it has little similarities with Bitcoin

BUY NOW and blockchain and more similarities with the international banking system. To understand what it is, you need to know the goal behind its development and the vision its creators have for the future of money transfer services. This is Ripple coin explained.

The Goal Behind its Creation

Ryan Fugger conceived this concept of finance services called RipplePay in 2004. He envisioned a secure payment option over a global network. He later passed it onto Jed McCaleb and Chris Larsen who founded OpenCoin, an open-source system for gross settlements and money transfer.

Jed McCaleb later collaborated with David Schwartz and Arthur Britto to turn OpenCoin into Ripple Labs. The three company founders later created XRP as the system’s universal asset. Unlike other cryptocurrencies, Ripple Labs does not aim for an individual transaction. It is designed to be a for-profit system that banks, companies, and financial institutions can use as an alternative platform for cross-border transactions.

Ripple | RippleNet 

Ripple Labs created RippleNet as an ‘internet of value’. The idea was to transfer assets as easily and quickly as the internet sends information across the world. Just like the internet has servers, the RippleNet consists of ‘validators’ which serve as a ledger that records and approves all transactions made through the system. These validators are operated by people. 

It is the validators’ duty to ‘validate’ that a transaction follows the RTXP rules. It stands for Ripple Transaction Protocol. Their judgement is guided by the UNL, Unique Node List. What this list requires is unique to the validator. Ripple Labs has assigned a number of trusted validators. They do this by voting if the pending task is within the guidelines. A transaction is deemed ‘valid’ if at least 80% of all validators voted ‘yes’. 

Two Assets: XRP and IOUs

There are two assets that are used for transactions in RippleNet. The first one is the XRP which is Ripple’s official cryptocurrency. This is the value transferred around the RippleNet whenever transactions are made. To fully understand its benefits, we can compare it with the current method most financial institutions are using. 

There are cases when the two countries cannot convert between two fiat currencies. This happens because there isn’t an established conversion rate to make a fair transfer. To do this, they have to find another currency that both have in common, the most popular one being the United States Dollar. That means they have to convert the money into $ before it becomes converted into the desired currency. This process will either take hours or days to complete and every service involved takes a cut. The service is both slow and expensive.

Compare that to Ripple’s system, the fiat is converted by the bank into XRP or Drop (0.000001 XRP). These digital coins are then sent to another financial institution who will convert them into the local fiat money. This transaction can only take a maximum of 4 seconds.

IOUs are also digital tokens like XRP, but they are liabilities, not assets. They are basically reminders that somebody owes you money. The initials are derived from the phrase ‘I owe you’ which is usually a physical note left to the people they owe. 

IOU does come with an advantage. XRP is not recognized or accepted by all financial services using RippleNet. Some people don’t have XRP to trade over certain transactions. IOU serves as a viable token to complete transactions without trade. These liabilities are recorded by the validators and on your XRP wallet.

Not Like Bitcoin

One key takeaway from this is how it completely differs from Bitcoin. The most famous cryptocurrencies are designed for peer-to-peer transactions whereas XRP is proposed as an alternative to the global banking system. That means it is made for big money-moving companies.

You also cannot mine XRP. There is a pre-mined amount of XRP and the total is 100 Billion. 1 XRP is also destroyed on a scheduled date so nobody can hoard them. IOU doesn’t suffer from the same fate which is why the debt token is more popular. 

However, XRP transactions are the fastest cryptocurrency available right now. For reference, bitcoin can only handle 7 transactions per second and each one can last 10-minute average. Ripple can handle over 1500 transactions per second and the minimum waiting time is 4 seconds only. 



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Disclaimer. Read MoreRead Less

As a leading organization in blockchain and fintech news, BeInCrypto always makes every effort to adhere to a strict set of editorial policies and practice the highest level of journalistic standards. That being said, we always encourage and urge readers to conduct their own research in relation to any claims made in this article.
This article is intended as news or presented for informational purposes only. The topic of the article and information provided could potentially impact the value of a digital asset or cryptocurrency but is never intended to do so. Likewise, the content of the article and information provided within is not intended to, and does not, present sufficient information for the purposes of making a financial decision or investment. This article is explicitly not intended to be financial advice, is not financial advice, and should not be construed as financial advice. The content and information provided in this article were not prepared by a certified financial professional. All readers should always conduct their own due diligence with a certified financial professional before making any investment decisions. The author of this article may, at the time of its writing, hold any amount of Bitcoin, cryptocurrency, other digital currency, or financial instruments — including but not limited to any that appear in the contents of this article.

Source: https://beincrypto.com/ripple-coin-explained/

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DEX Volume Eclipses $5 Billion in First Half of 2020, 400% Up From Last Year

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The trading volume of decentralized exchanges (DEX) has gone past the $5 billion milestone in the first six months of 2020, which is a significant increase from the 2019 performance.

June 2020 Sets DEX Trading Volume ATH

In a tweet on Wednesday, Dune Analytics informed that the DEX trading volume for the first half of 2020 totaled about $5.1B. This figure represents a five-fold increase from the same period in 2019, providing further evidence of the significant growth of DEX platforms.

Also, statistics reveal that tokens of decentralized exchanges have a greater return on investment (ROI) compared to their centralized counterparts. At the time of writing, the Kyber Network (KNC) token is up by over 650% since the start of 2020. 

KNC is currently the best performer, with its token price surging more than 18% over the last 24-hour trading period. The token is at its highest price level in two years. 

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Other DEX tokens such as Loopring (LRC), AirSwap (AST), IDEX (IDEX), Bancor (BNT), and 0x (ZRX) also have impressive year-to-date (YTD) performances. Meanwhile, centralized tokens (CEX) like Houbi and Bitfinex (LEO) are struggling to regain their footing after the Black Thursday price crash. 

DeFi Dominating Crypto Discourse in 2020

The massive growth in DEX trading volume is only part of the decentralized finance (DeFi) ‘s domination of the crypto headlines in 2020. According to data from Defipulse, the total value locked in USD on the Ethereum-based DeFi market is more than $1.7B.

As reported by CryptoPotato in June 2020, COMP, the governance token for the decentralized lending platform, surged over 100%, with the platform crossing the $400 million mark in total value locked. A few days later, Compound overtook MakerDAO to become the number one platform by total value locked (TVL).

While Compound was still making waves, Balancer entered the fray as liquidity mining mania reached a fever pitch. The decentralized exchange launched its BAL governance tokens with its price soaring afterward. According to DeFi Pulse, Balancer is currently number four on the list with TVL at $135 million. 

Amid the growing prominence of the DeFi market in the aggregated crypto collective, CMC created a dedicated DeFi section. CMC’s top four rankings on the DeFi section are different from the log provided by DeFiMarketCap, with Kyber Network and Ox being third and fourth on the former’s reckoning. 

The DeFi explosion has not been without a few mishaps with rogue actors taking advantage of bugs to drain protocols of substantial sums. CryptoPotato reported that Balancer lost $500,000 worth of tokens after a hacker exploited a vulnerability in two of the exchange’s pools.

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Source: https://cryptopotato.com/dex-volume-eclipses-5-billion-in-first-half-of-2020-400-up-from-last-year/

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Bloomberg Analyst: Key Metrics Show Bitcoin Should Rocket Towards $12,000

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It’s been a slow past few weeks for the Bitcoin market. The cryptocurrency has effectively been range-bound for two months, registering no concrete trend.

Despite this, blockchain analytics firms have observed an increase in usage of BTC. Santiment reported on July 2nd in reference to the chart below:

“Just two days after ETH recorded its highest network activity since 2018, the number of daily addresses interacting with BTC also surged to a 2-year high of 1.07M yesterday! The last time BTC’s daily address activity was this high was Jan. 17th, 2018.”

Bitcoin

Chart from Santiment (@santimentfeed on Twitter) showing the number of daily active addresses on Bitcoin. 

That’s not all. As reported by Bitcoinist previously, an on-chain analyst observed that the number of new BTC addresses and the number of transactions also hit notable highs.

According to a Bloomberg analyst, this spike in on-chain Bitcoin usage warrants a higher BTC price.

Bitcoin Strengthening On-Chain Metrics Imply an Imminent Rally

On July 2nd, Bloomberg Intelligence’s Mike McGlone released the company’s latest crypto outlook. Entitled “A Resting Bitcoin Bull,” McGlone held his bullish sentiment that he has touted in these monthly reports since the start of 2020.

Core to his expectations of upside is the spike in the on-chain usage of Bitcoin.

Referencing similar data to that Santiment laid out, McGlone wrote:

“The number of active Bitcoin addresses used, a key signal of the 2018 price decline and 2019 recovery, suggests a value closer to $12,000, based on historical patterns. Reflecting greater adoption, the 30-day average of unique addresses from Coinmetrics has breached last year’s peak.”

The analyst added that the last time this metric exceeded its last high, Bitcoin rallied from the “depths of a bear market.”

As to where exactly this trend will take Bitcoin, McGlone implied a move towards $12,734 when he wrote:

“Unless advancing addresses abruptly reverse, history suggests Bitcoin may gravitate toward that level.”

Far From the Only Trend Signaling Upside

The strong on-chain usage of Bitcoin isn’t the only thing that has McGlone expecting cryptocurrencies to sustain a move to the upside.

The senior commodity analyst at Bloomberg identified the following confluence of trends as signals indicating BTC has room to grow:

  • From a macro perspective, BTC is still outperforming most of the “highly speculative crypto assets.”
  • The Bitcoin futures on the CME have continued to see adoption, confirming “Bitcoin’s maturation pace and higher-price tilt.”
  • Grayscale’s Bitcoin Trust has seen extremely strong demand from retail investors and institutions.
  • BTC has continued to trade more like gold, suggesting a maturing market and the cryptocurrency being influenced by macro factors.
  • And finally, the “unparalleled global central-bank easing and the rising price of gold” is likely to act as a boon for Bitcoin to move higher.
Featured Image from Shutterstock
Price tags: xbtusd, btcusd, btcusdt
Bloomberg Analyst: Key Metrics Show Bitcoin Should Trade At $12,000

Source: https://bitcoinist.com/bloomberg-analyst-key-metrics-show-bitcoin-should-rocket-towards-12000/?utm_source=rss&utm_medium=rss&utm_campaign=bloomberg-analyst-key-metrics-show-bitcoin-should-rocket-towards-12000

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