In this issue:
- TxTenna enables off-grid BTC transactions
- Cryptosteel protects private keys from fire and flood
- ZenGo, the first keyless crypto wallet
- Brave lets users spend BAT with 250,000+ top brands
We also break down differences between Handshake and traditional domains to show how Handshake fights censorship and boosts internet security.
All that and more in this week’s issue. But first, here’s some…
🚀 Updates From Nomics
- #1. 🎉 Nomics Launches 1st Customizable Crypto Newsletter: We’re pleased to announce the launch of our fully customizable daily crypto newsletter. Each issue includes pricing info for the cryptocurrencies of your choice plus updated market cap, volume, and Bitcoin (BTC) dominance data, the day’s most active coins and crypto exchanges, and the latest market news.
It’s easy to subscribe:
1. Visit the signup page
2. Choose a delivery time and time zone
3. Enter your email
4. Click “Customize My Newsletter”
Subscribe today, or to learn more, read the in-depth announcement post.
- #2. ✍️ Crunch Some Numbers With Our Currency Converter: We’ve added a currency converter to all of our cryptoasset pages. Now you can view what any amount of a particular cryptocurrency is worth in any other crypto or fiat currency.
Take an example from our Ethererum / ETH price page, which we’ve quoted in Tezos (XTZ). By clicking the first field (labeled ETH), you can change the value from 1 to anything you like. The second value (XTZ) adjusts accordingly. And it automatically adjusts as market prices change.
- #3. 📈 Nomics Adds Huobi Derivatives Markets + 18 More Crypto Exchanges: This week, we added Huobi derivatives markets plus 18 more crypto exchanges. BTSE, Bitpanda, Bitsonic, BitoPro, CBX, BitOffer, CAT.EX, and DOBI Digital Asset Exchange were added with “C” Transparency Ratings for providing recent candle data. XT, BtcTurk, BiHODL, Bitsten, dYdX, Atomars, Bvnex, Decoin, and Bitcoin.com were added with “D” ratings for offering low-granularity, non-historical ticker information.
Meanwhile, Incognito pDEX completed a “deep data integration” and is now an A+ Verified Exchange. This means that we’ve vetted Incognito’s trade history and verify that it meets the highest standards of reliability, consistency, and data integrity.
All data is available on Nomics.com and through our market data API. For more on our rating system, check out the following essay.
- #4. 👀 Another Nomics.com Ticker Sighting: Proof of Review is a service that shares analyses and ratings of cryptocurrencies, exchanges, and wallets. They feature our embeddable pricing widget on many of their asset and exchange pages. Here’s a screenshot from their review of crypto derivatives exchange FTX, which maintains FTX Token (FTT):
Earlier this week, Proof of Review took to Twitter to explain why they use Nomics for their pricing data:
And now, let’s see what the cryptocurrency world has brought us this week.
🙏 Thanks To Our Sponsors: Nexo & CryptoTrader.Tax
- 🚀 Updates From Nomics
- 🙏 Thanks To Our Sponsors: Nexo & CryptoTrader.Tax
- 🏇 This Week’s List
- #1. TxTenna Enables Off-Grid Bitcoin Transactions
- #2. Cryptosteel Protects Private Keys From Fire and Flood
- #3. ZenGo, The First Keyless Crypto Wallet
- #4. Bluewallet Saves You Money With Transaction Batching
- #5. Handshake Fights Censorship, Boosts Internet Security
- #6. Brave Lets Users Spend BAT With 250,000+ Top Brands
🏇 This Week’s List
#1. TxTenna Enables Off-Grid Bitcoin Transactions
TxTenna is an Android app that leverages goTenna’s “people-powered” radio communications network to let Samourai Wallet users send Bitcoin transactions without WiFi or cell service.
It works like this: The app broadcasts signed BTC transactions across the goTenna Mesh network until it finds an internet-connected peer. That person pushes the transaction to the Bitcoin blockchain via Blockstream Satellite. A private confirmation is then relayed to the original user.
While backup connectivity is important (think pandemic, natural disaster or economic crash), TxTenna is also a way to circumvent censorship, and it facilitates secure, air-gapped broadcasts. [Link]
#2. Cryptosteel Protects Private Keys From Fire and Flood
The Cryptosteel Capsule, a.k.a. “The Mother of All Backups,” is one of the industry’s premier offline storage solutions. It comes with a full ASCII character set that covers most keys, passwords, and seed phrases. It’s also resistant to natural disasters: the 102mm x 16mm stainless steel capsule is waterproof, shockproof, and fireproof up to 2500°F.
For more, check out the following unboxing video:
#3. ZenGo, The First Keyless Crypto Wallet
Of course, few people appreciate keys and seed phrases. With that in mind, KZen developed their ZenGo wallet around an innovative, keyless security model. Instead of relying on private keys, the wallet uses threshold signatures to split responsibility between a user’s device and company servers.
The design simplifies onboarding, backups, and recovery without compromising on control. Only the user can initiate transactions. This positions ZenGo between hot wallets (easy to use but non-custodial) and self-custody (secure – unless you lose your keys).
#4. Bluewallet Saves You Money With Transaction Batching
Bluewallet, a Bitcoin and Lighting mobile wallet designed for security and ease of use, has rolled out a new feature, Batched Transactions. The upgrade allows users to send multiple transactions simultaneously, saving on fees and saving space on the blockchain. [Link]
To see a batch in action, check out the following video:
#5. Handshake Fights Censorship, Boosts Internet Security
Namebase, exchange and registrar for Handshake (HNS) domain names, recently concluded its first round of auctions, which makes this a great time to detail the differences between Handshake and traditional domains.
Handshake domains are stored on blockchain. As such, they are resistant to censorship and tampering. So long as a user can access a node on the Handshake network, they can resolve domain names. Traditional domains are centrally managed and easily censored by governments and ISPs.
Another difference is security. By shifting the “root of trust” from individual Certificate Authorities (each of which is a potential point of failure) to a decentralized network, Handshake offers a step-function improvement in internet security.
For a deeper dive, try the following tutorial.
#6. Brave Lets Users Spend BAT With 250,000+ Top Brands
Brave Rewards participants who receive Basic Attention Token (BAT) for opting in to ads can now trade their crypto for gift cards with Amazon, Uber, Starbucks and more than 250,000 other merchants in the TAP rewards network.
Users redeem by connecting their Uphold-verified wallets directly to TAP. The program is currently available in beta. Brave plans a general release in the next six to eight weeks. [Link]