Cobo Wallet now supports QuarkChain (QKC) and staking dapp
About Cobo
Founded in November 2017 by former Facebook engineer, Changhao Jiang, and founder of F2Pool, Discus Fish, COBO is a leading developer of consumer blockchain products that make it easy for anyone to own and use cryptocurrencies. COBO’s flagship software wallet, COBO Wallet, debuted in February 2018 and is the first Proof of Stake cryptocurrency wallet that passively earns cryptocurrency rewards for its users while supporting both a Cloud wallet and HD Wallet with an embedded DApp store.
To date, COBO Wallet has 500,000 users globally and supports up to 30 cryptocurrencies and 500 tokens on main blockchains including ETH, EOS and Tron. Adding to its portfolio, COBO Vault, is the world’s first all-around secure cryptocurrency hardware wallet, with military-grade security.
Quarkchain Support
Announcing support for new projects is one of our favorite things to do at COBO, and it’s especially fun when we get to be one of the first wallets to do so. It’s even more exciting when we get to announce that we’re supporting their incredible staking dapp in our recently-updated dapp store.
So it is probably pretty easy to see why we are so pleased to announce that our wallet now supports QuarkChain (QKC) and their staking dapp. Now you can securely store your QKC in your COBO Wallet and you can easily stake it with just a few taps!
What is QuarkChain
QuarkChain is a secure, permissionless, scalable, and decentralized blockchain. The team has been focused since the beginning on a problem that many people are only now wising up to - how to scale a blockchain without sacrificing security. They project that their network will be able to move 100,000 transactions per second (TPS), making it faster than the well-used standard of 65,000 set by Visa.
“QuarkChain consists of two layers of blockchains,” explains the QuarkChain White Paper. “We apply elastic sharding blockchains (shards) as the first layer, and a root blockchain as the second layer that confirms the blocks from the first layer.” Aside from their approach to securing a high number of transactions on-chain, the team has also employed elements of game theory to incentivize miners and prevent double-spending attacks.
How do I Stake my QKC?
One of the most frequent questions supporters of new projects like QuarkChain ask is: “What is the best way to stake my QKC?” If you’ve been updating your COBO Wallet you’ve probably noticed the new look and sleek features of our dapp explorer. Now that we’ve redone the dapp explorer, it’s even easier to stake your QKC in COBO Wallet.
What is Tezos?
Tezos (XTZ) is a cryptocurrency that hosts dApps and smart contracts on its blockchain. The platform is a community based blockchain that uses the inputs to improve its reliability and security to be an efficient blockchain. In July 2017, Tezo raised $232 million in its initial coin offering (ICO), making it one of the highest-funded projects to date. As of today they are one of the top 25 blockchain projects.
What does Tezos do?
Tezos is a delegated proof-of-stake (dPoS) blockchain with a decentralized, community-based vision. Offering an on-chain governance model that relies on stakeholders managing the blockchain, Tezos delegates managerial and ruling power to its users, who are able to vote even for their desired developers to work on improving Tezos’s blockchain architecture. A third-generation chain, Tezos provides support for both dApps and smart contracts, and implements a new smart contract programming language, Michelson, that allows for formal verification--essentially a way to prove mathematically that a smart contract has no possible bugs.
How does Tezos work?
Tezo’s self-amending platform makes it able to change the rules for decision making. Due to Tezo’s unique modular design with separate, distinct layers, upgrading the protocol is as simple as changing each layer for another, thereby preventing the occurrence of hard forks (and the damage they would cause).
COBO Wallet Beta Testers Wanted
During the last few weeks we have made a number of improvements on the backend, including a huge overhaul of our servers to improve app performance for our global users. Now we need help from our users to continue making improvements, so today we are launching the COBO Wallet Beta Tester Program and are now accepting applications.
QuarkChain is a secure, permissionless, scalable, and decentralized blockchain. The team has been focused since the beginning on a problem that many people are only now wising up to - how to scale a blockchain without sacrificing security. They project that their network will be able to move 100,000 transactions per second (TPS), making it faster than the well-used standard of 65,000 set by Visa.
“QuarkChain consists of two layers of blockchains,” explains the QuarkChain White Paper. “We apply elastic sharding blockchains (shards) as the first layer, and a root blockchain as the second layer that confirms the blocks from the first layer.” Aside from their approach to securing a high number of transactions on-chain, the team has also employed elements of game theory to incentivize miners and prevent double-spending attacks.
How do I Stake my QKC?
One of the most frequent questions supporters of new projects like QuarkChain ask is: “What is the best way to stake my QKC?” If you’ve been updating your COBO Wallet you’ve probably noticed the new look and sleek features of our dapp explorer. Now that we’ve redone the dapp explorer, it’s even easier to stake your QKC in COBO Wallet.
Cobo Wallet now supports Tezos (XTZ) - a community-based blockchain
What is Tezos?
Tezos (XTZ) is a cryptocurrency that hosts dApps and smart contracts on its blockchain. The platform is a community based blockchain that uses the inputs to improve its reliability and security to be an efficient blockchain. In July 2017, Tezo raised $232 million in its initial coin offering (ICO), making it one of the highest-funded projects to date. As of today they are one of the top 25 blockchain projects.
What does Tezos do?
Tezos is a delegated proof-of-stake (dPoS) blockchain with a decentralized, community-based vision. Offering an on-chain governance model that relies on stakeholders managing the blockchain, Tezos delegates managerial and ruling power to its users, who are able to vote even for their desired developers to work on improving Tezos’s blockchain architecture. A third-generation chain, Tezos provides support for both dApps and smart contracts, and implements a new smart contract programming language, Michelson, that allows for formal verification--essentially a way to prove mathematically that a smart contract has no possible bugs.
How does Tezos work?
Tezo’s self-amending platform makes it able to change the rules for decision making. Due to Tezo’s unique modular design with separate, distinct layers, upgrading the protocol is as simple as changing each layer for another, thereby preventing the occurrence of hard forks (and the damage they would cause).
COBO Wallet Beta Testers Wanted
During the last few weeks we have made a number of improvements on the backend, including a huge overhaul of our servers to improve app performance for our global users. Now we need help from our users to continue making improvements, so today we are launching the COBO Wallet Beta Tester Program and are now accepting applications.
What does a Beta Tester do?
Beta Testers help us find bugs and test new features before we release new versions of the app. As a Beta Tester you can expect to get exclusive access to upcoming versions of the app and an opportunity to make suggestions on how we can improve the COBO Wallet.
By reporting a bug or suggesting improvements to the COBO Wallet team, you help us make a better app to empower crypto owners and you help us build a stronger blockchain ecosystem. In return, we give you great rewards.
Rewards?!
When you report a verified bug you get COBO Candy, which can be exchanged for in-app products like BTC BitGrow. Beta Testers can submit multiple bug reports and earn a nearly unlimited amount of CC.
In addition, our club of Beta Testers will receive early access to upcoming campaigns and events, BitGrow rewards, Boosts, and even discounts on the COBO Vault. On top of these prizes, Beta Testers get exclusive access to a premium customer service channel as a thank-you from COBO Wallet.
Cobo Wallet’s Lightning Node Comes Online
When the mysterious Satoshi Nakamoto proposed Bitcoin in 2008, the issue of scalability was one of the first questions posed to the cryptocurrency’s creator. More than 10 years later, it remains an issue that has caused vigorous debates and dozens of proposals that attempt to resolve the scalability problem.
The issue is best illustrated in a comparison of the number of transactions per second that the Bitcoin network can sustain compared to other payment solutions. Bitcoin’s highest all-time transactions per second was just 4.7, while Visa averages about 1,700 transactions per second, and claim to be capable of more than 50,000 transactions per second.
Beta Testers help us find bugs and test new features before we release new versions of the app. As a Beta Tester you can expect to get exclusive access to upcoming versions of the app and an opportunity to make suggestions on how we can improve the COBO Wallet.
By reporting a bug or suggesting improvements to the COBO Wallet team, you help us make a better app to empower crypto owners and you help us build a stronger blockchain ecosystem. In return, we give you great rewards.
Rewards?!
When you report a verified bug you get COBO Candy, which can be exchanged for in-app products like BTC BitGrow. Beta Testers can submit multiple bug reports and earn a nearly unlimited amount of CC.
In addition, our club of Beta Testers will receive early access to upcoming campaigns and events, BitGrow rewards, Boosts, and even discounts on the COBO Vault. On top of these prizes, Beta Testers get exclusive access to a premium customer service channel as a thank-you from COBO Wallet.
Cobo Wallet’s Lightning Node Comes Online
When the mysterious Satoshi Nakamoto proposed Bitcoin in 2008, the issue of scalability was one of the first questions posed to the cryptocurrency’s creator. More than 10 years later, it remains an issue that has caused vigorous debates and dozens of proposals that attempt to resolve the scalability problem.
The issue is best illustrated in a comparison of the number of transactions per second that the Bitcoin network can sustain compared to other payment solutions. Bitcoin’s highest all-time transactions per second was just 4.7, while Visa averages about 1,700 transactions per second, and claim to be capable of more than 50,000 transactions per second.
A Lightning Solution
One project offering a potential solution to this problem is the Lightning Network, which enables individuals to instantly conduct multiple transactions before settling all the transactions at the same time on-chain. The Lightning Network, as a “layer” on top of Bitcoin, is billed as one of the most promising ways to improve Bitcoin’s usability as a currency. As of March, the Lightning Network boasts 30,000 channels and more than 7,000 nodes, with more nodes coming online every day.
Use Cobo Wallet, Get $IOST
The highly-anticipated launch of IOST’s mainnet has finally arrived, and we’re celebrating with the IOST team by launching a giveaway of 5,000,000 IOST! COBO Wallet has been working hard behind the scenes of our already-awesome app to support the IOST team and to become a Partner Node. Now that the IOST team has successfully launched their mainnet, it is time for us to pass on the benefits of our team’s hard work to all COBO Wallet users. For three days only (March 13-15) we will be giving out IOST rewards in the COBO Wallet app!
One project offering a potential solution to this problem is the Lightning Network, which enables individuals to instantly conduct multiple transactions before settling all the transactions at the same time on-chain. The Lightning Network, as a “layer” on top of Bitcoin, is billed as one of the most promising ways to improve Bitcoin’s usability as a currency. As of March, the Lightning Network boasts 30,000 channels and more than 7,000 nodes, with more nodes coming online every day.
Use Cobo Wallet, Get $IOST
The highly-anticipated launch of IOST’s mainnet has finally arrived, and we’re celebrating with the IOST team by launching a giveaway of 5,000,000 IOST! COBO Wallet has been working hard behind the scenes of our already-awesome app to support the IOST team and to become a Partner Node. Now that the IOST team has successfully launched their mainnet, it is time for us to pass on the benefits of our team’s hard work to all COBO Wallet users. For three days only (March 13-15) we will be giving out IOST rewards in the COBO Wallet app!
What is IOST?
For the uninitiated, the IOST team has built an ultra-high TPS blockchain infrastructure with a commitment to moving the industry forward while staying true to the same foundational values that led to the creation of Bitcoin and sparked a revolution. On the back of a censorship-resistant and trustless network that is open to all, IOST is on a mission to become the underlying architecture for the future of online services. Check out their website for an explanation of how it works and to learn more about the team.
For the uninitiated, the IOST team has built an ultra-high TPS blockchain infrastructure with a commitment to moving the industry forward while staying true to the same foundational values that led to the creation of Bitcoin and sparked a revolution. On the back of a censorship-resistant and trustless network that is open to all, IOST is on a mission to become the underlying architecture for the future of online services. Check out their website for an explanation of how it works and to learn more about the team.
...5,000,000 IOST?
That’s right. COBO Wallet has 5,000,000 IOST and we’re giving it away to our users who love our app and also want to help support the IOST project. For three days only we will be giving away more than FIVE MILLION IOST to our users. Here’s the best part - users get free IOST just by using COBO Wallet’s wealth management tools to grow your assets. Here’s how it works
Cobo Wallet Supports BTT Airdrop
BTT is a new project, launched jointly with TRON Foundation, with a focus on creating “a token-based economy around the usage of networking, bandwidth and storage on hundreds of millions of computers on the internet,” according to the project’s white paper.
Users that wish to participate in the BTT airdrop should store their TRX in their Cobo Wallet before the airdrop, which is currently estimated to take place on 11 February. Users can also stay updated on the airdrop by following COBO Wallet on Twitter.
COBO Wallet users that have deposited TRX in their wallets will automatically receive the BTT airdrop - no action required. Users that currently have their TRX locked into the BitGrow TRX 30 Day product, however, will not receive the BTT airdrop.
Cobo Wallet Launches BitGrow TRX
Announcing BitGrow TRXAt COBO we believe that the future will be powered by blockchain and we are focused on building products that make it easy and safe for everybody to be a part of that future. That guiding idea is part of why we work closely with projects like the Tron Foundation, and why we were the first major cryptocurrency wallet to support the DApp ecosystem.
Now, we have more exciting news for the more than 500,000 people who use COBO Wallet - our popular BitGrow program is opening for holders of TRX for the first time. What does that mean for TRX holders? It means you can grow your assets just by using COBO Wallet.
What is Cobo Wallet?
Anyone who wants to take advantage of BitGrow TRX will need to first download the official COBO Wallet app, available in the Google Play Store, in the iOS App Store, and on our website.
How do I join BitGrow TRX?
Joining the BitGrow TRX program is simple. Just open your Cobo Wallet and head to the “Finance” section. There you’ll first choose “BitGrow” and then “Fixed Term Plan” where you will find the 7- and 30-day options for TRX!
What is BitGrow?
BitGrow is a value-added service offering low-risk crypto asset management plans. It is managed by a team formerly at first-tier hedge funds and investment firms, including Citadel, Goldman Sachs, Merrill Lynch, AQR, BGI, GSA, as well as AI companies, such as Google’s AI department. Our trading strategy is built around a conservative arbitrage strategy optimized to take advantage of fluctuations in crypto prices in various markets.
For More information :
Website : https://cobo.com/
Telegram : https://t.me/cobowallet
Facebook : https://www.facebook.com/coboOfficial
Twitter : https://twitter.com/Cobo_Wallet
Authors : Tellysa
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