Cai Token(CAI)

Cairo, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum’s mainnet.

The Global Financial Crisis reduced the depth of capital markets. Blockchain-based stablecoins can help fill the gap, say Christine Cai and Sefton Kincaid, of Cicada Partners.

La réglementation américaine en matière de cryptographie a beaucoup à apprendre du Japon, de Singapour et de Hong Kong. Mais si ces juridictions offrent une clarté juridique concernant les actifs numériques, elles appliquent également certaines des règles les plus strictes au monde, déclare Emily Parker de CoinDesk.

Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year.

CAIZcoin, the groundbreaking blockchain-based cryptocurrency, is spearheading the transformation of economies through the power of decentralization. By harnessing the advantages of both planned and market economies, CAIZcoin is revolutionizing the economic landscape and paving the way for a novel hybrid model that enhances efficiency and transparency. Decentralization is at the core of blockchain technology, and its impact on the economy is profound. In a market economy, the invisible hand guides economic activities, allowing for self-regulation and optimizing social interest through the pursuit of individual self-interest. Similarly, blockchain-based economies operate without direct central intervention, replacing centralized governance and regulations with encoded programs within the blockchain system. By leveraging blockchain,CAIZcoincreates an environment where economic activities can flourish in a decentralized manner. The open competition driven by demand and supply dynamics is further enhanced by the transparency and efficiency of blockchain technology. Market participants can engage in transactions and exchanges with minimal intervention from the government or regulatory bodies, fostering a free and competitive economic landscape. One of the key advantages of blockchain decentralization in the economy is the consolidation of knowledge. Blockchain technology enables the comprehensive and egalitarian sharing of information, making it globally accessible. This accessibility enhances the efficiency and effectiveness of economic decision-making, as participants have access to real-time and accurate data. The democratization of information empowers businesses, entrepreneurs, and investors to make informed choices and adapt to market dynamics swiftly. Blockchain decentralization allows for seamless updates and improvements to the economic system. The decentralized nature of blockchain ensures that decisions and modifications are made through a consensus mechanism, involving multiple participants across the network. This inclusive approach fosters transparency and reduces the risk of manipulation or bias, creating a more equitable and trustworthy economic environment. CAIZcoin’s commitment to decentralization in the economy aligns with its mission to empower individuals and businesses. By leveraging blockchain technology, CAIZcoin enables secure and efficient transactions, eliminating the need for intermediaries and reducing transaction costs. This fosters financial inclusion and empowers individuals who have been underserved by traditional financial systems. The transformative power of CAIZcoin extends beyond traditional financial transactions. Blockchain decentralization opens up avenues for innovative business models, such as decentralized finance (DeFi), where individuals can participate in lending, borrowing, and investment activities without relying on traditional intermediaries. This democratization of finance allows for greater financial autonomy and fosters economic growth and innovation. CAIZcoin’s commitment to ethical and responsible practices further enhances the impact of decentralization in the economy. Blockchain technology provides a transparent and immutable record of transactions, making it easier to trace and verify the origins of products and ensure ethical sourcing. This promotes sustainability, responsible production, and ethical consumption, aligning with the growing demand for socially and environmentally conscious practices. By embracing blockchain technology, CAIZCOIN enables individuals and businesses to unlock their full potential, creating a more efficient, transparent, and inclusive economic ecosystem. About CAIZcoin Caizcoinis the World’s First Islam Compliant Blockchain Ecosystem, based in the EU. Envisioned to be the bridge between the centralized and decentralized financial world.

CAIZcoin, the groundbreaking blockchain-based cryptocurrency, is spearheading the transformation of economies through the power of decentralization. By harnessing the advantages of both planned and market economies, CAIZcoin is revolutionizing the economic landscape and paving the way for a novel hybrid model that enhances efficiency and transparency. Decentralization is at the core of blockchain technology, and its impact on the economy is profound. In a market economy, the invisible hand guides economic activities, allowing for self-regulation and optimizing social interest through the pursuit of individual self-interest. Similarly, blockchain-based economies operate without direct central intervention, replacing centralized governance and regulations with encoded programs within the blockchain system. By leveraging blockchain,CAIZcoincreates an environment where economic activities can flourish in a decentralized manner. The open competition driven by demand and supply dynamics is further enhanced by the transparency and efficiency of blockchain technology. Market participants can engage in transactions and exchanges with minimal intervention from the government or regulatory bodies, fostering a free and competitive economic landscape. One of the key advantages of blockchain decentralization in the economy is the consolidation of knowledge. Blockchain technology enables the comprehensive and egalitarian sharing of information, making it globally accessible. This accessibility enhances the efficiency and effectiveness of economic decision-making, as participants have access to real-time and accurate data. The democratization of information empowers businesses, entrepreneurs, and investors to make informed choices and adapt to market dynamics swiftly. Blockchain decentralization allows for seamless updates and improvements to the economic system. The decentralized nature of blockchain ensures that decisions and modifications are made through a consensus mechanism, involving multiple participants across the network. This inclusive approach fosters transparency and reduces the risk of manipulation or bias, creating a more equitable and trustworthy economic environment. CAIZcoin’s commitment to decentralization in the economy aligns with its mission to empower individuals and businesses. By leveraging blockchain technology, CAIZcoin enables secure and efficient transactions, eliminating the need for intermediaries and reducing transaction costs. This fosters financial inclusion and empowers individuals who have been underserved by traditional financial systems. The transformative power of CAIZcoin extends beyond traditional financial transactions. Blockchain decentralization opens up avenues for innovative business models, such as decentralized finance (DeFi), where individuals can participate in lending, borrowing, and investment activities without relying on traditional intermediaries. This democratization of finance allows for greater financial autonomy and fosters economic growth and innovation. CAIZcoin’s commitment to ethical and responsible practices further enhances the impact of decentralization in the economy. Blockchain technology provides a transparent and immutable record of transactions, making it easier to trace and verify the origins of products and ensure ethical sourcing. This promotes sustainability, responsible production, and ethical consumption, aligning with the growing demand for socially and environmentally conscious practices. By embracing blockchain technology, CAIZCOIN enables individuals and businesses to unlock their full potential, creating a more efficient, transparent, and inclusive economic ecosystem. About CAIZcoin Caizcoinis the World’s First Islam Compliant Blockchain Ecosystem, based in the EU. Envisioned to be the bridge between the centralized and decentralized financial world.

[PRESS RELEASE – Please Read Disclaimer] CAIZcoin, a blockchain and cryptocurrency pioneer, is excited to announce its official debut on major cryptocurrency exchanges across the world. This widely anticipated move represents a huge step forward in CAIZcoin’s mission to revolutionize how people access and interact with digital assets. CAIZcoin is a leader in innovation with […]

Bitcoin development is sharply focused, whereas Ethereum development is more accessible and better funded, according to Atomic Finance CEO Tony Cai.

Starknet, an Ethereum Layer 2, has disclosed the initiation of "appchains," a framework designed to enable developers to construct several application-specific blockchains within the Starknet ecosystem. The innovative project is in alignment with the growing trend of modular networks in the Layer 2 ecosystem, spearheaded by projects like Optimism, Polygon, zkSync, and Arbitrum. A New Era For Application-Specific Chains Developers can harness Starknet Stack, the native developer toolkit of Starknet's ecosystem, to create these appchains, using STARK proofs to boost security. Central to this toolkit is Cairo, a programming language developed by the StarkWare team, bearing similarities to Rust. In a recent blog post, Starknet revealed that the use of appchains could offer developers an enhanced performance, a claim further supported by Starknet's recent v0.12.0 upgrade on the mainnet, which reportedly amplified network performance. Advancing Customization For Devs A unique aspect of appchains lies in their capability to support features currently not present on Starknet's main network. This includes features like custom fee market logic and consernsus mechanisms, among others. This flexibility can potentially grant developers the ability to customize their application's configurations and functionalities, thus offering a greater degree of control over their projects. "Starknet Appchains are the bespoke environment where applications can tailor an instance of Starknet to achieve better control over the specs, lower cost, greater scale, and opt-in privacy," the firm shared. The team underscored the escalating interest in application-specific blockchains, tailored to meet customized requirements. They stated: "The need for appchains has been apparent for several years and is now getting renewed attention." Starknet's introduction of appchains represents a significant milestone in the blockchain landscape, enhancing developers' capacity for customization, and making the ecosystem more versatile and adaptable to specific application requirements. Such a move signals a key step towards a more decerntralized, diversified, and performance-oriented blockchain environment. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Zero-knowledge layer-2 scaling solution Starknet has moved closer to full Ethereum Virtual Machine (EVM) compatibility with the upcoming August launch of Kakarot, a new testnet. Kakarot’s team has also announced that it has received backing from Ledger co-founder Nicolas Bacca, Starkware, and Ethereum co-founder Vitalik Buterin. Getting Closer To EVM Compatibility Kakarot CEO and co-founder Elias Tazartes stated that Starknet while being a leading zero knowledge rollup in the Ethereum ecosystem, lacks Ethereum Virtual Machine (EVM) compatibility. As a result, there is a significant barrier to entry. Starknet has gained popularity among developers to help scale decentralized applications, transactions, and computations on Ethereum using its native language, Cairo. According to developers on Starknet, Cairo makes it easier and faster to develop, review, and maintain new code. However, Starknet’s lack of Ethereum compatibility could deter some developers. “The greatest impact that Kakarot can have is to make Starknet EVM compatible. Kakarot right now is like a Solidity or any language engine. Eventually, you will be able to put that engine within Starknet to make it EVM compatible.” Tazartes revealed that the idea for the zkEVM was first mooted during a Starkware conference held in July 2022. By October, the team was able to get together for a week and begin working on the new zkEVM. By December, coding for the project was complete, and the team was ready to create a fully functional execution layer. Tazartes also revealed that Buterin invested in Kakarot thanks to his enthusiasm for a multiple-zkEVM approach to build out the Ethereum ecosystem. “For Vitalik, the more zkEVMs, the better, because as long as you have a wide diversity of architecture and diversity of approaches…then this is really good for the space as a whole.” Custom Virtual Machine Currently, Starknet runs its own custom smart contract Virtual Machine called the Cairo VM, which is able to leverage Cairo. This means that Starknet does not come with direct EVM compatibility out of the box, which could prove to be a significant hurdle moving forward. According to Tazartes, “Some teams really need to be able to use Solidity. For example, if someone wrote a DEX or an AMM for the Ethereum ecosystem and now has 60,000 lines of code already audited, ready to go, but it’s only on EVM chains.” If developers wanted to use Starknet, they would need to hire a new dev team, write and audit the code, and maintain the two code bases. Tazartes described this as “prohibitively expensive.” Kakarot zkEVM Secures Backing The Kakarot zkEVM team also announced on the 2nd of June that it had closed its pre-seed funding round. Investors in the seed round include Ledger co-founder and VP of innovation Nicolas Bacca, blockchain scaling firm Starkware, Ethereum co-founder Vitalik Buterin, and several others. Kakarot uses STARK proofs for provable transactions and blocks, ensuring security and transparency. Through these validity proofs, Kakarot is able to leverage Ethereum’s security while also offering low costs. Project Roadmap The project roadmap states that in the first phase, Kakarot will be an EVM on the Starknet Layer 2, helping open the door to a range of possibilities, and facilitate the expansion of the Starknet ecosystem. In the subsequent phase, Kakarot and Starknet’s Madara sequencer will be combined into a unified stack. This will enable Layer 3 zkEVMs. According to the team, integrating Madara and Kakarot will help the teams deploy zkEVM app chains and settle transactions on Starknet using validity proofs. “As a result of computing on another layer, gas costs are (asymptotically) exponentially lower than on L2, and performance (TPS) is higher. The scalability of rollups stacks and multiplies.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Binance CEO Changpeng Zhao has said that he believes the crypto space could see the beginning of a bull run after China Central Television aired a segment on crypto. The CCTV programming has an audience of over 1 billion and could spark a bull run based on past examples. A Rare Segment On Crypto On the 23rd of May, 2023, the state broadcasting corporation, China Central Television (CCTV), aired a segment discussing the adoption of cryptocurrencies. According to the details available, the segment reported that regulators in Hong Kong have made “final preparations” for trading virtual assets in the special administrative region. According to the segment, the regulators are ready to begin accepting applications from virtual asset trading platforms. During the segment, an official representing the Securities and Futures Commission (SFC), Zhonghui Cai, explained that virtual asset regulation faces several challenges, such as the potential for conflict of interest between platforms and clients, cybersecurity, and the surety of client assets. It was previously reported that the guidelines in question would become effective by June 2023. However, the Securities and Futures Commission has yet to approve any virtual asset trading platform for retail investors. Could This Signal An Impending Bull Run? As a result of the broadcast of a segment on Chinese Central Television, the larger cryptocurrency ecosystem is buzzing with excitement. The broadcast on China’s largest state-run broadcaster caught the attention of crypto enthusiasts, including Binance CEO Changpeng Zhao. In response to the coverage, Zhao took to Twitter to predict that the coverage could lead to a bull run in the crypto market, going by previous instances. According to Zhao, past coverages similar to the one on China Central Television have historically sparked bull runs in the crypto markets. “CCTV (China Central Television) just broadcasted crypto. It’s a big deal. The Chinese-speaking communities are buzzing. Historically, coverages like these led to bull runs. Not saying the past predicts the future. And not financial advice.” Changpeng Zhao has plenty of reasons to be bullish. This bullishness stems from the fact that the coverage and greater exposure to cryptocurrencies could lead to increased interest and greater participation in the crypto markets. According to Zhao, this recent exposure to the crypto ecosystem could act as a catalyst and drive individuals to explore and invest in cryptocurrencies driving up asset prices and increasing market capitalization. However, he added that he could not predict the future and that people should be careful when investing in crypto. Broader Implications For Crypto China Central Television is the largest state broadcaster in China and broadcasts an array of programs that reaches an audience of over one billion. Furthermore, the segment did not air or mention anything negative about cryptocurrencies. This is in contrast with the position and stringent regulations adopted by Chinese authorities against cryptocurrencies. This includes a complete ban on Bitcoin mining and cryptocurrency exchanges operating in China. However, ownership of crypto assets is currently permitted. The broadcast could have significant implications for the crypto industry, both globally and in China. The exposure the segment provides could lead to increased awareness and a broader adoption and use of cryptocurrencies. Additionally, institutional investors who were watching Chinese markets and the current regulatory environment could see a ray of hope and gain some level of confidence in the market. This could lead to greater institutional adoption and capital to flow into the crypto ecosystem. In April, the Chinese version of TikTok, Douyin, started publishing cryptocurrency price quotes in its index. Duoyin has over a billion registered users. However, the price quotes were removed and replaced with the following text just a day later. “Unofficial digital currencies do not possess the same legal standing as fiat currencies. Please invest cautiously.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Erik Voorhees and Caitlin Long discuss FTX's abandonment of crypto first principles, and the ensuing regulatory response.

[PRESS RELEASE – Please Read Disclaimer] Caizcoin has successfully invented and developed Islamic Federated Byzantine Agreement (IFBA), a Fiqh compliant consensus mechanism. IFBA incorporates three key innovations over the Federated Byzantine Agreement (FBA) algorithm. These key innovations ensure that nodes in the Caiz blockchain can always reach consensus, ensuring that the blockchain will never stop […]

Cairo Fiat Gateway is a revolutionary product that allows users to buy and sell cryptocurrencies within seconds. The range of payment methods is wide and includes Apple Pay, Mastercard and Visa, Google Pay, instant transfer, and bank transfers. With Cairo Fiat Gateway, users can see their cryptocurrencies on their wallet immediately after purchase and also sell them just as quickly. The sale is completed within seconds, and the money is available in the user's account. Cairo Fiat Gateway also stands out for its low fees, which are among the lowest on the market. Users can rely on not being excessively burdened when buying and selling cryptocurrencies. This product is a great way for people who want to enter the cryptocurrency market without having to worry about complicated processes and high fees. The user interface is easy and intuitive to use, making the buying and selling experience even easier. Cairo Fiat Gateway also offers a high level of security. The company uses advanced security technologies to ensure that users' data and transactions are always protected. Overall, Cairo Fiat Gateway offers an excellent way to buy and sell cryptocurrencies quickly, easily, and securely without paying excessive fees. It's a product that's definitely worth a look if you're looking to get into the cryptocurrency market. START NOW! https://cairofinance.app/trade Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Over a decade ago, the concept of zero-knowledge proofs (ZKPs) was first introduced for the world of Bitcoin, piquing the interest of even Satoshi Nakamoto. These cryptographic proofs have long been considered a potential game changer for the blockchain, allowing users to prove the validity of a statement without revealing any additional information. A new proposal by Shinobi, an educator in Bitcoin space, attempts to introduce ZeroSync, a privacy implementation for the Bitcoin blockchain based zero-knowledge proof (zk and/or ZKPs) stacks. The ZeroSync project aims to create integrations for ZKPs into Bitcoin, opening and exploring the potential benefits and implications of this groundbreaking development. ZeroSync's Project The ZeroSync project is focused on bringing ZKPs to Bitcoin, but not in the traditional sense. Rather than using ZKPs for locking or spending coins, ZeroSync is applying them to help full nodes achieve a much faster initial sync. The project is building three distinct proofs to provide a full verification of the historical blockchain without requiring users to download and process it. Perhaps what's worth noting is that this process doesn't require any consensus changes to the Bitcoin protocol. According to Shinobi, there are four main components for the implementation of ZKPs on Bitcoin's originary blockchain. We list them here for reference. Block Header Proofs The first proof, which should have been released by now, covers the validity of block headers. It ensures that each block in the chain meets the difficulty requirement and tracks each difficulty change. This proof not only benefits full nodes, but also significantly improves the Simplified Payment Verification (SPV) wallet architecture. Block Content Verification This proof focuses on verifying the actual contents of the block, albeit without proving the validity of the witness data. By incorporating UTXO (unspent transaction output), this proof allows users to sync up to Bitcoin Core's default Assume Valid height using just the UTXO set at that block height and a small proof. This carries the same trust model as downloading and verifying full blocks directly. Aggregate Witness Data Verification The final proof aims to incorporate both the ZKP for block headers and build on top of the ZKP for Assume Valid. This will include proving the validity of every piece of witness data in the historical chain. A node using the final ZeroSync proof system will be able to bootstrap with a single proof and a UTXO set, providing a stronger verification model than Bitcoin Core by default. The main challenge lies in optimizing the construction of this proof, as it is computationally expensive. ZeroSync's core proposition lies in its potential to significantly reduce Bitcoin's computational costs, which is often associated (or correlated) with bootstrapping a fully-validating Bitcoin client. To date, the size of the BTC blockchain and the hardware required to process it poses significant barriers to entry for many users. ZeroSync could bring these costs down to a few gigabytes for the UTXO set and a ZKP proof small enough to fit on minimal hardware. Interestingly, Shinobi shares that ZeroSync is built using the Cairo language developed by Starkware, a company focused on developing ZKPs for the Ethereum ecosystem. This collaboration between projects could represent the first time a development from an altcoin ecosystem benefits Bitcoin, despite this benefit being an indirect one. ZKPs hold tremendous promise for the future of Bitcoin, even without directly incorporating them into the consensus layer. If the ZeroSync project achieves its roadmap goals and successfully creates a quick sync client, it could pave the way for additional ZKP deployments within the Bitcoin ecosystem. The potential applications are vast, and the impact on blockchain technology could be nothing short of revolutionary.Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Exsulcoin Thesis James Song the founder of Exsulcoin believes that blockchain technology can solve many of the critical challenges faced by refugees today. Especially with the creation of an online marketplace and community, matching refugees with supporters and driven by a suite of smart contracts built on the Ethereum network. This can improve outcomes by cutting across agencies to produce meaningful efficiencies while encouraging regulators to co-create solutions. Additionally, the creation of a mobile education platform to deliver personalized and specialized content to refugees. This will help them overcome critical integration challenges and access key services. The marketplace and platform will be linked and work together to create value across the community; for instance, refugees can take specialized courses in computer programming on the education app, link their programming achievements with verified identity documents. This can help meet requirements for employment and then local or remote programming work through the platform. Compensation and payments can be made over both the marketplace and platform and value can be converted to local currency using existing Ethereum ERC-20 token-to-debit card solutions. These technologies working together can address major challenges faced by both refugees and governments as they struggle with the current crisis. The Platform The ExsulChain platform is an online, on-chain decentralized marketplace designed to meet the unique needs of vulnerable populations, yet can accommodate the diverse and sometimes unpredictable needs of refugees. Interested individuals begin by creating an ExsulCoin Wallet through an online sign-up form requiring only a name and basic contact information. The ExsulCoin Wallet is a secure digital wallet used primarily to store, send and receive ExsulCoins (“XUL”), an Ethereum ERC-20 compliant token. A "Refugee-led project” is any project that involves an individual with refugee status in a leadership position. A displaced person receives refugee status through a Refugee Status Determination (RSD) process, which is conducted by the country of asylum or through the United Nations High Commissioner for Refugees (UNHCR). Nominated projects that are listed but fail
 to receive a quorum of votes, will be delisted and any funds or XUL intended for delisted projects will be returned to their source wallets. The Marketplace ExsulChain is also a marketplace for nanowork: small tasks which are essential to the completion of projects. Through nanowork requests, project leaders have on-demand access to a diverse, global, and scalable workforce, thereby improving the odds of project success. Additionally, nanowork o ers ExsulChain users exible work opportunities that are not necessarily dependent on geographic locations or xed contract lengths. The project listing may request a fee paid in XUL from interested parties to comment on the project, which will serve the purpose of commencing the hiring process while simultaneously disincentivizing non-serious requests. Project leaders compensate nanoworkers for tasks completed using XUL tokens. XUL, therefore, also acts as a cryptocurrency and, depending on market value may, in the future, be denominated in smaller fractional units to accommodate user needs. Interested parties can visit the Site: http://exsulcoin.com Dislcaimer this does not constitute any investment advice or advice to participate in crowdsale and is for informational purposes only. Disclosure the author is an advisor on the project.

Exsulcoin Thesis James Song the founder of Exsulcoin believes that blockchain technology can solve many of the critical challenges faced by refugees today. Especially with the creation of an online marketplace and community, matching refugees with supporters and driven by a suite of smart contracts built on the Ethereum network. This can improve outcomes by cutting across agencies to produce meaningful efficiencies while encouraging regulators to co-create solutions. Additionally, the creation of a mobile education platform to deliver personalized and specialized content to refugees. This will help them overcome critical integration challenges and access key services. The marketplace and platform will be linked and work together to create value across the community; for instance, refugees can take specialized courses in computer programming on the education app, link their programming achievements with verified identity documents. This can help meet requirements for employment and then local or remote programming work through the platform. Compensation and payments can be made over both the marketplace and platform and value can be converted to local currency using existing Ethereum ERC-20 token-to-debit card solutions. These technologies working together can address major challenges faced by both refugees and governments as they struggle with the current crisis. The Platform The ExsulChain platform is an online, on-chain decentralized marketplace designed to meet the unique needs of vulnerable populations, yet can accommodate the diverse and sometimes unpredictable needs of refugees. Interested individuals begin by creating an ExsulCoin Wallet through an online sign-up form requiring only a name and basic contact information. The ExsulCoin Wallet is a secure digital wallet used primarily to store, send and receive ExsulCoins (“XUL”), an Ethereum ERC-20 compliant token. A "Refugee-led project” is any project that involves an individual with refugee status in a leadership position. A displaced person receives refugee status through a Refugee Status Determination (RSD) process, which is conducted by the country of asylum or through the United Nations High Commissioner for Refugees (UNHCR). Nominated projects that are listed but fail
 to receive a quorum of votes, will be delisted and any funds or XUL intended for delisted projects will be returned to their source wallets. The Marketplace ExsulChain is also a marketplace for nanowork: small tasks which are essential to the completion of projects. Through nanowork requests, project leaders have on-demand access to a diverse, global, and scalable workforce, thereby improving the odds of project success. Additionally, nanowork o ers ExsulChain users exible work opportunities that are not necessarily dependent on geographic locations or xed contract lengths. The project listing may request a fee paid in XUL from interested parties to comment on the project, which will serve the purpose of commencing the hiring process while simultaneously disincentivizing non-serious requests. Project leaders compensate nanoworkers for tasks completed using XUL tokens. XUL, therefore, also acts as a cryptocurrency and, depending on market value may, in the future, be denominated in smaller fractional units to accommodate user needs. Interested parties can visit the Site: http://exsulcoin.com Dislcaimer this does not constitute any investment advice or advice to participate in crowdsale and is for informational purposes only. Disclosure the author is an advisor on the project.