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Binance joins Neo Council, 2.1 million NEO used to secure two Top 21 positions

Binance Staking has secured two positions on the Neo Council. At the time of press, Binance has voted with approximately 2.1 million NEO to secure its places in the Top 21. Binance is the world's largest custodial exchange with nearly US $9.07 billion in 24-hour volume, according to CoinCap.io. Binance Staking is a service that allows users to earn distributions offered on proof-of-stake or other networks that distribute rewards to participants. The platform provides two types of staking: flexible and locked. Flexible staking offers fewer rewards but allows users to move the underlying assets at any time. Locked staking requires users to deposit a token for a specific time frame but provides higher yields. For example, a minimum of 0.01 NEO locked for 15, 30, 60, or 120 days will earn increasing yields of 5.79%, 7.49%, 8.79%, and 13.56% (made in GAS distributions), respectively. In the announcement post, Neo Global Development said "Binance Staking's new membership in the ...
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The intelligent investors guide to Particl (PART): Part 6 - What does Particl as a privacy platform have over Monero and other privacy currencies?



What does Particl as a privacy platform have over Monero and other privacycurrencies?

Monero is a decentralised currency that is currently reliant on centralised services for its use. Thus in its practical implementation it is not fully decentralised and there is a central point of failure when transacting.

In contrast under the Particl network and client listings, transactions, escrow services and settlement are fully integrated and decentralised; this includes:

Network security where the nodes can be obfuscated via tor integration.

Transactions security where the buyer, seller and amount can be obfuscated yet verified by RingCT.

Seller security whereby the nature of listed items being sold can be made private and obfuscated to the rest of the Particl network and only viewable if the viewkey is disclosed (i.e. the seller discloses this via private communication to potential buyers).

Communications security. The client nodes have the capacity for sending encrypted messages between each other allowing for truly private communications between individuals on the Particl network.

Settlement security by providing a trustless third party free escrow service (the mutually assured destruction escrow) whereby both seller and buyer deposit a bond that can only be released when both sides agree goods/services have been delivered as specified.

I'd just like to point out that many of Particl's competitors (syscoin, district0x, openbazaar) do not offer this level of security or integration in transacting, listing, exchange and settlement, because they lack one or more features that are already built into Particl by default; this includes the integration of exchanges and direct currency conversions via atomic swaps
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Whilst Monero and other private currencies offer anonymous settlement security with the benefits of decentralisation, they do not provide the other forms of decentralised security I've just listed which Particl and currently Particl alone proposes to.

Yes decentralised marketplaces could accept monero currency but they would have to provide decentralised, trustless privacy centric escrow, communications and private listings to provide the same level of service and flexibility of selling/buying options that the Particl platform intrinsically provides.

This is because in addition to what I've described Particl also enables anonymous or public settlement of public listings.

By:Joske

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