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In the past year Ethereum went through two forks – soft and hard. One was intentional, the other - unintentional. Now rumor is that the biggest cryptocurrency on the market faces a possible hard fork and an uncertain future. While traders are worried and prepare for the worst case scenario by choosing to invest in rival cryptocurrencies, the community fails to agree whether a potential hard fork would be the better solution.

What is a "fork"?
A fork is done in cases, when there is a blockchain issue that must be solved by changing the consensus rules in the bockchain. The change in the consensus rules can be done in two ways – soft and hard. While the soft fork has been an occurency whenever small issues need fixing without huge consequences in the blockchain of the pioneer cryptocurrency, recent developements point out that it could now be facing a hard fork. That has been a major cause for a discussion in its community. So, why a potential hard fork causes so much unrest?

The difference between the "soft" and "hard" fork is that when the fist one happens the majority of hash power must support the change and the blocks produced during the new rules are valid under the old rules too. However after the hard fork, on the contrary – the consensus rule change would remove rules from the protocol thus making all previously invalid blocks – valid.

That means that when a soft fork happens, even the nodes that did not upgrade to the new rules will continue to follow the longest chain but under the hard fork – any node that does not implement and change to the new rules would remain invalid and stay on the "old" blockchain. Therefore under the hard fork the blockchain splits in two – old and new, with no clarity which one of those blockchains would be preffered by the community of miners and developers.

Hard fork – lessons from Ethereum
That was the case with the Ethereum's hard fork, when the community has split and as a result – two coins came to existence – classic ethers (ETC) and the alternative ethereum coin (ETH). The ethereum classic is a replica of the original Ethereum blockchain that should have been discontinued. The existence of two blockchains and coins affected the price of the coins and the way exchanges treated them.

What led to the Ethereum hard fork was the hacking of their DAO project in 2016, i.e. the distributed autonomous organization of Ethereum that raised $150 million in Ether during a public crowdsale. However the DAO project was compromized when someone used a valid action in the code to move the funds to another DAO. As a result the community voted to change the code so that the funds are moved away from the attacker. The result was a hard fork.

Industry experts believe that from a technology perspective, the Ethereum hard fork is not a bad thing. Despite the fact that a minority of developers continued to use the so called now Ethereum Classic, experts believe that this is a unique development that would be interesting to follow, especially in case a potential hard fork affects other blockchains and cryptocurrencies.

2017-03-31 12:22

       

Dear Member,

Another exciting week is ahead of us and, as usual, there are a lot of new things going on.

The upcoming OneLife Global Event in Macau was sold out in record time and promises to be a real blast! Due to the great interest by our members, we have decided to issue ADDITIONAL TICKETS for everyone who did not manage to buy one the first time round. Read on to see all the details, so you do not miss one of the most special events ever held!

And just to remind you - this week is your LAST CHANCE to take advantage of the +1 SPLIT PROMOTION and the amazing POWER PACK COMBO, which will only be valid until April 1st!  So don't hesitate - go to your backoffice now and upgrade your Packages today! And co commemorate the remarkable achievement of reaching 3 million people worldwide, the OLN is also giving its members the amazing chance to get 28% MORE TOKENS if they upgrade to a Power Pack or above!

You should also bear in mind that the Split Barometer reached 96% this week, so a Split is bound to happen soon, and as you know, all Promotional Tokens submitted into mining within 5 days after the next Split will be entitled to DOUBLE COINS!

Keep on reading to find out more exciting news!

WHAT IS THE ONELIFE NETWORK?

The OneLife Network (OLN) is a growing global network that was born out of the OneCoin cryptocurrency brand. The Network has a digital platform with a unique ecosystem of sophisticated products and social networking tools that help members achieve financial independence. Members enjoy access to an array of e-learning programs that help them apply financial theory to practice.

Want to find out more about the OneLife Network and the OneCoin cryptocurrency? Now you learn more IN 18 DIFFERENT LANGUAGES!

2017-03-27 12:03

       

Dear Member,

Last week marked a very special moment for the OneLife Network - our global Family passed 3 MILLION MEMBERS! Following this tremendous achievement, we would like to thank all of you, who are already part of our Network, and are confident we can continue making history together! More and more people are taking advantage of our unique products and services, and we assure you that we will keep on presenting the best opportunities for all of you!

As a token of gratitude to all of you, who made this possible, we have decided commemorate the memorable occasion by extending one of our favourite promotions - the +1 SPLIT PROMOTION, and the amazing POWER PACK COMBO! Now you will have two extra weeks to take advantage of this great opportunities which will be valid until April 1st!

And you all know about the OneLife Global Event in Macau in May. To our dismay the interest in the tickets was unprecedented and all of them were SOLD OUT WITHIN 24 HOURS of publishing the event in the official OneLifeEvents platform! But don't worry - you can still contact your upline to find out if there are any available tickets left!

In addition, the Split Barometer is at 89%, and as soon as it hits 100%, you will have 5 days to submit your Promotional Tokens into mining and get DOUBLE COINS! And to make things even better - if you upgrade to a Power Pack or above, you will get 28% MORE PROMOTIONAL TOKENS!

Keep on reading to find out more exciting news!

WHAT IS THE ONELIFE NETWORK?

The OneLife Network (OLN) is a growing global network that was born out of the OneCoin cryptocurrency brand. The Network has a digital platform with a unique ecosystem of sophisticated products and social networking tools that help members achieve financial independence. Members enjoy access to an array of e-learning programs that help them apply financial theory to practice.

Want to find out more about the OneLife Network and the OneCoin cryptocurrency? Now you learn more IN 18 DIFFERENT LANGUAGES!

2017-03-20 11:54

       

We are delighted to announce the NEXT AMAZING PROMOTION for all of our members - starting today on all Packages from the POWER PACK and above will receive 28% EXTRA TOKENS!

Please bear in mind that this special bonus will only be valid until the 1st of April, so make sure to take advantage of the offer until then! Visit your backoffice now and upgrade your Package and get the most of this amazing opportunity!

And just a reminder - you will also get the chance to maximize your Promotional Token count with the amazing POWER PACK COMBO, combining the Tycoon+, Premium AND Infinity Packages, which will also be extended until April 1st! (You will have a choice of either the Infinity or Infinity+ options).

2017-03-17 11:53

       

In a recent blockchain survey titled “Building Trust in Government - Exploring the Potential of Blockchains” IBM gives an overview of government organizations aiming to adopt the blockchain, because of the positive impact they may have in the management of their jurisdictions.

For the purpose of the research IBM Institute for Business Value with the support of the Economist Intelligence Unit, surveyed 200 government leaders from 16 countries who shared their expectations of how blockchain may influence their jurisdictions in the areas of identity management, asset management, regulatory compliance, voting systems, citizen services, contract management, financial transactions and borderless services.

The survey results showed that government organizations are looking at how the blockchain can positively impact operations in many different areas: “For example, nine in ten government organizations plan to invest in blockchain for use in financial transaction management, asset management, contract management and regulatory compliance by 2018. And seven in ten government executives predict blockchain will significantly disrupt the area of contract management, which is often the intersection of the public and private sectors.”

The key finding of the research focused on a small group of pioneering governmental organizations in Western Europe and Asia Pacific. Half of the countries of this small group of first movers (14% of the surveyed government organizations) are setting the pace of blockchain adoption, and while some of them plan to invest in blockchain development by the end of 2016, the others have already invested in it. Their expectation is to have blockchain in production and at scale in 2017.

The aim of quickly adopting the blockchain technology according to the surveyed leaders is to help reduce innovation roadblocks and inaccurate or incomplete information across their organizations. The curious thing is that North American countries, famous for their innovative private companies, lag behind all regions when it comes to blockchain adoption in the public sector.

Additionally first movers hope that the blockchain technology will help reduce time, cost and risk. The most important areas, where it is believed that the blockchain will have the most significant effect are identity management, asset management and regulatory compliance. While identity management will help understand who makes the transfer and who has access to the system, asset management is important for recording what is being transacted and represents a wide area of enhanced citizen services. Regulatory compliance on the other hand is a key area, because of its ability to bridge the public and private efforts in embedding rules that automate legal and statutory requirements.

Additionally, they expect blockchains to enable new business models, particularly in contract management, financial transaction management and identity management. These findings point out that the adoption of the blockchain technology is faster than initially anticipated with government organizations having a good idea which areas and benefits need to be researched and improved.

According to the survey, blockchain technology could unleash and amplify the power of open government and therefore it could enable more co-created, integrated and self-governed services across agencies and with citizens. These efforts are expected to bring consistency and transparency to decisions and government services.

Most of the governments recognize the regulatory constraints as the biggest concern in adopting blockchain technology and to address this issue, government executives acknowledged the need to collaborate across regions and with trading partners across jurisdictional borders.

Furthermore, there are some technology standards like privacy and security that must be met. These standards are also very important for bringing more participants into blockchain networks. It is stated that seven out of ten government executives note the need for strong mechanism to establish identity and a high degree of control over access.

The research shows that besides the challenges, most of the government executives expect blockchain will deliver the greatest cost, time and risk reduction benefits and therefore plan to make blockchain investments.

Governments can leverage blockchains to explore new ways to provide citizen services that extend the limits of current technology. They can explore models that help improve the efficiency of current services, as well as expand their ability to access new markets.

Read More: Building Trust in Government. Exploring the Potential of Blockchains

2017-03-16 12:51

       

PRESSRELEASE!

Swedish Police Close OneCoin Investigation

SOFIA, Bulgaria
16. March, 2017

The Swedish Gaming Authority has confirmed that an enquiry by the Swedish Police into the OneCoin cryptocurrency and its associated multi-level marketing business, One Life, has now been closed.

The Swedish Police issued an official decision on the case on February 6th 2017, stating that the preliminary investigation has been discontinued. The Police statement indicated that there was no basis upon which to continue the investigation as there was no reason to believe that an offense had been committed. The Police concerned its decision to the Gaming Authority on March 1st 2017.

OneCoin stated: “We have been aware for some time of unfair competition practices against OneCoin and OneLife, which have included serious though demonstrably false allegations which have raised understandable concerns. Where these have resulted in formal enquiries or investigations, we have been happy to cooperate fully with the authorities concerned, confident in the knowledge that the facts would prevail. This is the second such occurrence in which an investigation by a regulatory authority has confirmed there to be no findings of illegitimate dealings in our business, and of course we welcome the prompt and professional manner in which the Swedish Police have conducted their enquiry”. 

OneCoin is a digital currency, based on cryptography and created through a process called 'mining'. Just like the serial number on a paper bill, each digital coin is unique. Unlike money issued by governments, there is a finite number of OneCoins, ensuring they cannot be affected by inflation and are impossible to counterfeit. Because cryptocurrencies are not tied to any particular country or central bank, the value of the coin depends on factors such as usability, demand and supply.

Link: Pressrelease

2017-03-16 01:07

       

The OneLife Network is really proud to announce that its global family has grown to 3 million members! This is a huge benchmark and the result of the hard work and dedication by everyone who is part of this unique experience!

As a token of gratitude to all of you, who made this possible, we have decided commemorate the memorable occasion by extending one of our favourite promotions - the +1 SPLIT PROMOTION, and the amazing POWER PACK COMBO! Now you will have two extra weeks to take advantage of this great opportunities which will be valid until April 1st!

With the +1 Split Promotion, if you purchase a Package upgrade, you will get ONE EXTRA SPLIT on top of what the upgrade initially provides you with! That means that all of the package upgrades are entitled to an extra Split! Please bear in mind that the +1 Split Promotion is valid only once per account, i.e. if you upgrade more than once, you will only receive 1 extra Split per account. 

So, be sure to visit the backoffice now and upgrade your Package now! Seize your chance and get the extra split!

You will also have the chance to maximize your Promotional Token count with the amazing POWER PACK COMBO, combining the Tycoon+, Premium AND Infinity Packages, which will also be extended until April 1st! (You will have a choice of either the Infinity or Infinity+ options)

It gives you a total of 531 818 Promotional Tokens, 6/7 Splits (depending on your choice of Infinity Package), 48 750 BVs and access to all 7 levels of OneAcademy! And don't forget to combine this amazing offer with our other promotions to get the most out of the Power Pack! And in addition, we've also listed a special bulk Package promotion - buy 6 and get 1 FREE! And probably the best part of this offer? As is valid for all Packages above the Power Pack - you will get ALL THE SPLITS YOU ARE ENTITLED TO AT ONCE! 

In less than 3 years, OLN has established itself as one of the leading global network marketing companies, and the latest achievement is proof that millions of Members from around the world continue to believe in the OneLife concept.

Following this tremendous success, we would like to thank all of you, who are already part of our Network! Stay strong, stay motivated and let’s continue making history together! We assure you that we will keep on presenting the best opportunities for all of you like we always have!

2017-03-15 11:51

       

The OneLife Family has now reached the 3 million mark - yet another impressive milestone on its path to success!

In less than 3 years, OneLife has established itself as one of the leading global network marketing companies, and the latest achievement is proof that millions of Members from around the world continue to believe in the OneLife concept.

Following this tremendous achievement, we would like to thank all of you, who are already part of our Network, and are confident we can continue making history together! More and more people are taking advantage of our unique products and services, and we assure you that we will keep on presenting the best opportunities for all of you!

The OneLife Network (OLN) is a growing global network that was born out of the OneCoin cryptocurrency brand. Members enjoy access to an array of e-learning programs that help them apply financial theory to practice. This allows them to understand and mine the OneCoin cryptocurrency, and make secure, low-cost, cross-border transactions.

We are thankful that we had the chance to share many fantastic moments together. Events like the OneLife MASTERMIND, Gold Rush, The Rise of The Empire and Coin Rush have proven how strong we are and what we can achieve.

Our corporate events marked major announcements like the start of the ONE mining in January 2015, when the total number of members was just above 51 000. Then, in May 2015 over 3 000 members were present in Dubai, during the “Gold Rush” event and witnessed the start of the ONE trading. In September, OneCoin had over 600 000 members and 5 000 of them joined us in Macao to celebrate the first year of the Company during our event “The Rise of The Empire”.

By June 2016 we had grown to 2 156 000 members and the business had expanded enough to introduce 2 separate brands during the “Coin Rush” London event in front of over 4000 members - OneLife - for the network, and OneCoin - for the cryptocurrency. Today the brands have separate brand identities, websites and core businesses.

Our next event in Macao in May 2017 will undoubtedly continue the trend of fantastic improvements and announcements from our past events and we are looking forward to meeting 4 500 of you there!

With over 3 million people already in the OneLife Family, we can only imagine what the future will hold. And we’ve already shown that together we can achieve more, we are stronger and our exponential growth is bound to continue! Thank you for your support and trust! As we say: OneLife - Together for more!

2017-03-15 11:49

       

The western world has a history of democratically elected representatives for parliament and president. At the heart of democratic elections lies the notion of the system of governance, where the majority of voters directly elect the representatives of the governing body.

In its essence the traditional paper-based election system is created in a way to reinforce the authority of the state. The election process is top-down and managed centrally. Therefore it is important that elections are free and fair, and the rules and procedures apply equally to all.

However, almost always elections are marred by reports ranging from mere practical issues to intimidation, including long queues, incorrect registration rolls, overcrowded polling places, malfunctioning voting machines, misinterpreted voting procedures by election stuff, illegal votes, etc.

For example, during the last presidential elections in the US, Time reported: “Problems with mail-in ballots in California. Overcrowded polling places in Arizona. Missing names on the voter rolls in New York”.

Read More: Advocates Concerned About November Elections

A solution has been long sought but the election system is unique for each democratic country, including federal countries like the US, where each state runs elections in its own way. Finding a solution has therefore proven quite a challenge.

As reported by Time on June 16, 2016, the president and executive director of the Lawyers’ Committee for Civil Rights Under Law, Kristen Clarke said: "We are at a crossroads in our democracy. This is a moment that really requires that states and elected officials explore ways to make voting easier”.

In a recently published in-depth analysis titled “How blockchain technology could change our lives”, the European Parliament Research Service (EPRS) focuses on blockchain-enabled e-voting solutions that can offer an alternative to conventional paper-based elections and their challenges.

A promising alternative for conventional election, e-voting is believed to speed up, simplify and reduce the cost of elections, while at the same time have strong potential to increase engagement and turnout. E-voting critics point out the difficult decision of the type of e-voting system to be selected as well as the local specifics that need to be considered - a separate network vs a centralized alternative, supervised (attending a polling place) or unsupervised voting (online), on a personal mobile device vs using a special equipment, etc.

The security and anonymity of the vote must also be guaranteed. As pointed out in the EPRS’ report: “Now there is a further choice to be made: to continue trusting central authorities to manage elections or to use blockchain technology to distribute an open voting record amongst the citizens. Many experts agree that e-voting for national elections would require revolutionary developments in security systems. However, there are many other kinds of regional and organisational election that could be digitised more simply through the use of blockchain, making it simpler to involve more people in taking important decisions, adopting long-term strategies, making investments and selecting people for a wide range of positions.”

Essentially blockchains have the potential to create fast, low cost and safe public ledgers that can track anything of value and keep a record of ownership history, including non-financial records related to casting votes. The power of giving the control to the voter, instead of to the central authority is believed to additionally add value to the voting process:

“Blockchain-enabled e-voting (BEV) would empower voters to do these tasks themselves by allowing them to hold a copy of the voting record. The historic record cannot be changed, because other voters would see that the record differs from theirs. An illegitimate vote cannot be added, because other voters would be able to see that it is not compatible with the rules (perhaps because it was already counted or is not associated with a valid voter record). BEV would shift power and trust away from central actors, such as electoral authorities, and foster the development of techenabled community consensus.” (EPRS Report)

Four important elements must be considered when reviewing blockchain based e-voting - the challenges of remote participation, accessibility to all voters, the guarantee of anonymity and the trust in the security and legitimacy of the system. Because blockchain-enabled e-voting is democratic, in its essence it is decentralized, controlled by peers and therefore bottom-up. The cornerstone for its acceptance would be the guarantee that all voters would agree that the process is reliable and legitimate, therefore acknowledging its results as fair and valid.

With the alternative of a more direct, decentralized and bottom up election system based on the blockchain that is closely linked to democratic principles, the question remains if countries will be able to test and adopt it considering the extent to which it would reflect the values and structure of their society, politics, culture and state of democracy.

Read More: How blockchain technology could change our lives, EPRS Report

2017-03-14 12:47

       

With its rapid growth and expansion over the past two years the OneLife Network has established itself as one of the top-ranking network marketing companies in the world. With almost 3 million members around the globe it is also one of the largest on the market. This makes our network an attractive target for online hoaxes, such as “phishing” emails.

It has been brought to our attention that a number of our Members have been targeted by malicious phishing emails claiming to be sent by the OneLife Network or the cryptocurrency brand OneCoin, threatening to freeze accounts unless KYC documentation or payments are sent immediately. There have also been cases of phishing websites, designed to replicate the look of www.onelife.eu or www.onecoin.eu, which aim to to steal your account password or other confidential information by tricking you into believing you're on the legitimate website.

We would like to remind all our Members to proceed with caution when receiving this type of message. Some of the most common fraudulent messages are non-monetary hoaxes or non-monetary chain mail. Treat these as you would with any other spam. However, if you receive an email message that appears to involve payments, or asks for personal information such as login ID’s or passwords, do not respond. Do not give out private information, reply to text messages, download or open attachments or click on any links in emails you are not sure they are genuine. Never click on a link in an email that looks suspicious. If in doubt, please contact us using the official communication channels listed below.

Please note, that OneCoin ltd. DOES NOT send individual emails to any of its users, unless according to the applicable established rules and procedures and via the following official emails (deleted).

2017-03-14 10:48

       

Dear Member,

With JUST TWO DAYS LEFT for you to take advantage of two of the most amazing promotions in the history of the OneLife Network - the WINTER WONDER WHEEL and the +1 SPLIT PROMOTION, it is time to go to your backoffice and UPGRADE YOUR PACKAGESas soon as possible, because the two promotions are only valid until March 15th! 

And after the Mining Difficulty Barometer hit 100% last week, the OneCoin exchange rate hit a record high 9.85 EUR! So now you can get EVEN MORE out of the coins you mine, especially when the DealShaker merchant platform is growing so rapidly. Last week it even passed the amazing 25 000 sold deal coupons mark! 

But that's not all - once you've upgraded your Package and got all your Promotional Tokens, be sure to keep an eye on the Split Barometer, because once it hits 100% and you receive the Splits you are eligible for, you can submit all your Tokens into mining within the next 5 days after the Split and RECEIVE DOUBLE THE AMOUNT OF COINS FOR THEM!

And don't forget to book your tickets for one of the most anticipated events of the year - the OneLife Global Event in Macau! With the limited amount of seats in the Arena and the special VIP Boxes, the sooner you get your places - the better! Keep on reading to find out more about our amazing offers!

WHAT IS THE ONELIFE NETWORK?

The OneLife Network (OLN) is a growing global network that was born out of the OneCoin cryptocurrency brand. The Network has a digital platform with a unique ecosystem of sophisticated products and social networking tools that help members achieve financial independence. Members enjoy access to an array of e-learning programs that help them apply financial theory to practice.

Want to find out more about the OneLife Network and the OneCoin cryptocurrency? Now you learn more IN 18 DIFFERENT LANGUAGES!

2017-03-13 11:44

       

Dear Members,

In relation to recent online publications regarding Onecoin and its blockchain, we would like to reassure you that the published information contains entirely false and misleading statements. We consider such actions as unfair competition and purposeful defamation, aimed to hamper the business development and prevent the growth of a strong cryptocurrency, such as OneCoin.

Please be kindly informed that the Company has never offered a position to this person, and he has never been asked to "build" a blockchain for Onecoin. Therefore any claims related to offers and salaries are totally false and untrue. Please note that all necessary legal measures to protect our members' and OneCoin users' interests have already been undertaken.

2017-03-08 11:59

       

Dear Member,

March is here and Spring is just round the corner. And you know what that means - this is your last chance to SPIN THE AMAZING WINTER WONDER WHEEL and get up to 100% EXTRA TOKENS with your Package purchases and upgrades, because it's going to run ONLY UNTIL MARCH 15TH!

And to make things even more exciting, we've decided to EXTEND THE +1 SPLIT PROMOTION until then as well! So don't hesitate - get your Packages now! If you're going to upgrade, then why not make the most of your OneLife experience by getting the POWER PACK! Read on to find out all the amazing options it offers you. 

Additionally, once you've got all your Promotional Tokens, be sure to keep an eye on the Split Barometer, because once it hits 100% and you receive the Splits you are eligible for, you can submit all your Tokens into mining within the next 5 days after the Split and RECEIVE DOUBLE THE AMOUNT OF COINS FOR THEM!

But that's not all! Don't forget to book your tickets for one of the most anticipated events of the year - the OneLife Global Event in Macau! We have a lot of amazing news coming up in the next weeks, but please note, that it's first come - first serve! With the limited amount of seats in the Arena and the special VIP Boxes, the sooner you get your places - the better!

Keep on reading to find out more about our amazing offers!

WHAT IS THE ONELIFE NETWORK?

The OneLife Network (OLN) is a growing global network that was born out of the OneCoin cryptocurrency brand. The Network has a digital platform with a unique ecosystem of sophisticated products and social networking tools that help members achieve financial independence. Members enjoy access to an array of e-learning programs that help them apply financial theory to practice.

Want to find out more about the OneLife Network and the OneCoin cryptocurrency? Now you learn more IN 18 DIFFERENT LANGUAGES!

2017-03-06 11:33