Klever Weekly Newsletter - November 5
CEO of Simplex, Nimrod Lehavi, talked about fiat on ramps, crypto market & partnership in Klever Insight Livestream. Klever adds Filecoin (FIL) swap pairs, highlights Klever ID, KleverChain & more.
Klever Insight hosts CEO of Simplex, Nimrod Lehavi
Misha Lederman hosted CEO of Simplex, Nimrod Lehavi and talked about fiat on ramps, crypto market & Klever x Simplex partnership.
The Klever App v4.1 update in December 2020 introduced several features, among them, the possibility to purchase crypto using Klever Wallet. At launch it brings the possibility to buy the main cryptos like BTC, KLV, ETH, TRX and XRP, but nowadays, the current version of the app is far better, since the list has grown to support BNB, DGB, DOGE, AVA, USDT, USDC, CEL, KSM, MATIC and BCH.
In addition, the version 4.1.9 was important as it added Apple Pay, enabling over 507 million users to purchase crypto using the app. So, watch the video above and understand what to expect for the future of this partnership.
Simplex has been changing the status quo of crypto on/off ramps since 2014. As the market leader, we pioneered the first riskless global fiat onramp using a credit and debit card, which promises a zero chargeback guarantee.
Klever Wallet Adds New Filecoin (FIL) Swap Pairs
To support our community we have introduced 11 new FIL swap pairs.
The Filecoin project hopes to decentralize storage and store "humanity's most valuable information." It raised $205 million in an initial coin offering (ICO) in 2017, and originally planned to launch in mid-2019.
Available Swap pairs:
What is Filecoin (FIL)?
FIL, Filecoin's native currency, is the blockchain's native protocol and it has an open protocol backed by a blockchain that records the commitments participants make to the network. The blockchain relies on both replication proofs and spacetime proofs.
Litecoin (LTC) in Klever
Litecoin is a peer-to-peer internet currency that enables instant, near-zero cost payments to anyone in the world.
Started by Charlie Lee, a former Google employee as an alternative two years after Bitcoin was launched, Litecoin (LTC) was designed for cheaper transactions and to be more efficient in everyday use.
Like Bitcoin, LTC uses blockchain technology to transfer funds directly between individuals or businesses. Transactions done with Litecoin don't require verification from any intermediary like a bank or credit card company. Users don't even have to pay any payment processing service.
Some also called LTC as silver to Bitcoin’s gold or lite version of Bitcoin.
Read this article to go deeper in Litecoin (LTC):
How Is Litecoin different?
The importance of Klever ID in Klever Exchange
Most crypto companies aren't totally safe from security threats but Klever ID comes as a way of mitigating risks, if not, providing full enduring safety
Never downplay the need for security in whatever endeavor you find yourself or involve yourself in. Security has been the backbone of some corporate industries from malicious and dreadful attacks in the form of spywares and ransomwares.
The Klever team with highly efficient developers have gone a step further in ensuring security on the use of the Klever application and Klever exchange with the introduction of the Klever ID.
Find out how Klever ID can keep you safe:
What are vulnerabilities?
The usual targets
Blockchain applications are also on the radar
Klever ID: a tool against virtual malice
The Klever team would continue to play its part by ensuring a sustainable high level of security of user funds and by educating the public on the need to manage sensitive information in a Klever way. - Klever Writer, James Enajite.
Why the Klever Blockchain is worth the wait
With KleverChain, a new era of low-cost and speedy transactions begins
There is a large number of blockchain developers and projects in the crypto ecosystem that have not taken the time to understand the basis for the development of the product they intend to work on. In the entire crypto space, there are many failed and undervalued projects. But as a wise man once said “ordinary things are made on time but excellent things take time”.
Klever blockchain, commonly known as KleverChain, underwent a rigorous process of refinement and processing within our own Klever labs to develop one of the best blockchains in the crypto space that would stand the test of time.
This is indeed a genuine reason for the wait for our blockchain and trusting that it would indeed be worthy of the wait. - Klever Writer, James Enajite.
Click below to understand why this is worth waiting for.
Why are nodes important for blockchains to survive?
As veins are important for blood reaching to various parts of the human body, the same way nodes are responsible for any blockchain network to operate and add new blocks.
The functioning of a blockchain can sometimes seem confusing or difficult to understand, much of it is due to the Nodes, but rest assured, we are here to make it easy for you.
A node is an electronic device connected to the network and possessing an IP address. That means that any user or application that wants to interact with the Blockchain does so through nodes. - Klever Writer, Jagdish.
But it much more than that!
Learn everything about it, and why it is so important for blockchains.
What is a node?
Types of nodes
What is a validator?
What is a full node?
What is an archive node?