CyberMiles

Overview of CyberMiles

CyberMiles already has several dApps built on its platform, including MetaMask for CMT (a browser-based identity vault), a payment gateway, a security token launchpad, and an OTC exchange with plans to support Gemini’s GUSD and other stablecoins.

CyberMiles is being developed for use within the 5miles application, to wrap blockchain technology around selling your grandmother’s old rocking chair, which just needs a few new varnish and a plate of biscuits and gravy to be as good as new.

Cybermiles Foundation Limited and 5 miles have teamed up with the aim of developing Cybermiles a next gen blockhain optimized for e-commerce and designed from the ground up for mainstream adoption.

CyberMiles Token (CMT) is the native token of the network, which is minted through transaction fees in every new block that is created on the blockchain, and can be staked for governance purposes.

Cybermiles Token (CMT), may be used to settle transactions, reward network validators (who execute Smart Business Contracts), and incentivize community members to provide services to each other.

CyberMiles will focus on various real-world marketplace & commercial applications (utilizing smart contracts), including local buy & sell marketplaces, e-commerce, and online auctions.

CyberMiles and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit.

CyberMiles Tokens are accepted on a wide variety of popular cryptocurrency exchange markets, including IDCM, Binance, DragonEX, Huobi, Coineal, Bithumb, Digifinex, and OKEx.

CyberMiles (CMTBTC) Chart Analysis by Alan Masters

First we can see a broken downtrend line, in red.

Cybermiles zorgt ervoor dat dit niet nodig is en dat de
identiteit van de handelaren privé gehouden wordt.

Blockchain

Since it is being optimized for business and marketplace applications, CyberMiles is being developed as a “fat protocol” consisting of a blockchain-based “virtual machine” and defined modules of middle-layer software stacks operating outside the chain, which will support decentralized processes governed by smart contracts implemented on the network.What all that means is that the CyberMiles technology will be used for underlying smart contracts, supporting cryptocurrencies to facilitate the execution of the smart contracts and implementing the contracts across the most popular 5miles categories initially.

Mine

Network

“As a social network centered around local commerce, 5miles is uniquely well-suited to match supply and demand for goods and services, and CyberMiles’ solutions could fuel the next generation of features to better connect ‘sellers’ with the most relevant ‘buyers,’” the develops wrote.“For example, we expect many car dealers or auto mechanics would like to reach out to the daily volume of approximately 12,000 active car buyers on 5miles, and many moving companies would like to reach out to users buying large furniture.On traditional marketplaces, sending messages or pop-up notifications to those users may be intrusive and disruptive.”

Support

“A unique advantage of the CyberMiles blockchain is that it will be deployed to support 5miles’ existing e-commerce network of over 10 million US-based registered users, and over $3 billion USD in estimated annual transactions,” according to CyberMiles’ white paper.“This would immediately create the largest blockchain-based commerce network in the world.The network could provide services such as decentralized user identity and credit management, decentralized settlement clearing house, peer-based voting and conflicting resolution.”

Transactions

CyberMiles is being designed to “empower the decentralization of online marketplaces”, because slogans are fantastic.CyberMiles will focus on various real-world marketplace and commercial applications utilizing smart contracts, including local buy and sell marketplaces, e-commerce and online auctions.The gist is that CyberMiles seeks to shake up peer-to-peer marketplace shopping by making digital transactions between consumers and businesses the norm, instead of hoping that weird dude buying your old sheets and toaster oven isn’t giving you a bum check, or having to use Paypal or Venmo.

What is CyberMiles (CMT)?

CyberMiles is a new blockchain platform designed to facilitate fast ecommerce transactions.It’s a project from 5miles, a leading ecommerce company and app in the United States.With CyberMiles, 5miles hopes to create the protocols and a library of smart contracts for the future of ecommerce.It accomplishes these goals with high throughput delegated proof of stake consensus and a new virtual machine, similar to the Ethereum Virtual Machine.

CMT coin kopen?

De CMT coin is gemakkelijk te koop via Bitvavo.Voordat je overgaat tot het kopen van de coin is het verstandig om in het achterhoofd te houden dat het voorspellen van de CMT koers geen vaste wetenschap is en dat niemand het zeker weet.Doe eerst zelf goed onderzoek voordat je over gaat tot het kopen van CMT.

Who Is on the Team?

CEO Lucas Lu previously served at CERN, conducting both experimental and theoretical research on the Higgs particle.Lu was a co-founder of e-commerce company Light in the Box and also served as the first general manager of Alibaba’s Taobao Mobile platform.

What hashing algorithm does CyberMiles use?

CyberMiles is a delegated proof of stake (DPoS) coin that uses the Scrypt algorithm.

How Can Developers Use the CyberMiles Blockchain?

Developers can develop their own proprietary coins to mesh with the CyberMiles network, based on the CMT token.Cross-coin features, like loyalty points, can be integrated seamlessly.

What Is CyberMiles’ Connection to 5miles?

CyberMiles is the blockchain wing of 5miles, and both were founded by Lu.5miles is a peer-to-peer marketplace app, similar to Facebook Marketplace or a non-anonymous Craigslist.It’s based on relationships between buyers and sellers and transparent reviews.

Where Can I Learn More?

You can visit the coin’s home page here and view the white paper here.

Cybermiles koers verwachting: Wat gaat de CMT koers doen?

Cybermiles wordt het E-commerce bedrijf op de
blockchain genoemd.Met hoge verwachtingen en hetzelfde team als het 5miles
bedrijf zijn wij erg benieuwd wat er in de toekomst met hun gaat gebeuren.

How to Store CMT Token?

Since CyberMiles token is an Ethereum based cryptocurrency, only ERC20 compatible wallets should be used to store CMT.

What coins are similar to CyberMiles?

The following coins use the same hashing algorithm (Scrypt) as CyberMiles: Dogecoin, Uniswap, Litecoin, Wrapped Bitcoin, Cosmos, Creditcoin, UNUS SED LEO, Venus, Verge, Syscoin, Bytom, Hellenic Coin, Polymath, Lotto and Function X.

What Are the Market Mechanics of CMT?

CyberMiles plans to issue an initial 1 billion CMT, but up to 10 billion might eventually be released.As of May 8 2018, CMT was trading for $0.3275 with a market cap of $327.5 million.It is actively traded on nine major exchanges, including Bibox, Binance, Huobi, and Cobinhood.

How do I mine CyberMiles?

CyberMiles and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit.Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner).ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

What Is the Tie to Ethereum?

CyberMiles views Ethereum as Bitcoin 2.0 due to its ability to create and execute smart contracts.Ethereum’s scalability issues, as CyberMiles views them, can be solved via the creation of a so-called “smart business contract” that does not require an external condition to be met.Taking inspiration from the Linux operating system, CyberMiles aims to create a virtual machine similar to Ethereum’s coupled with a defined middleware software stack that exists outside of the blockchain.

What do you think about the CyberMiles today?

Let us know by clicking the given button.

What is the value of CyberMiles?

One CyberMiles (CMT) is currently worth $0.03 on major cryptocurrency exchanges.You can also exchange one CyberMiles for 0.00000049 bitcoin(s) on major exchanges.The value (or market capitalization) of all available CyberMiles in U.S.dollars is $21.38 million.

How do I buy CyberMiles?

It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including CyberMiles.

Where can I get CyberMiles wallet?

CyberMiles produces its own wallet software that is available for download on its website, which allows you to store CyberMiles on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

How to take part?

CyberWorld — Genesis Series NFT Sweepstakes is automatically selected via Gleam.Winners who fail to try out CyberWorld.finance features before the campaign deadline will be deemed to have forfeited their reward.

What Is CyberMiles?

CyberMiles is a Hong Kong-based blockchain platform created by U.S.-based ecommerce marketplace app company 5miles.The company aims to replace legacy ecommerce marketplaces like Amazon and Ebay with a suite of smart contract-based tools.It originated as an Ethereum-based network until the Travis mainnet launched in October 2018.CyberMiles Token (CMT) is the native cryptocurrency coin of the CyberMiles platform.

What is CyberMiles?

CyberMiles is a new blockchain protocol that is being developed by 5xlab, a blockchain development laboratory.The protocol is an optimized version of the Ethereum blockchain for business and marketplace applications.The first pioneer of this blockchain will be the 5miles platform, a c2c marketplace operator.The CyberMiles blockchain is expected to empower the 5miles online marketplace which will feature a c2c trading platform, a community-based dispute resolution, structuring alternative payment and financing solutions for e-commerce and real-time promotions.The CyberMiles token (CMT) will be issued on the Ethereum blockchain as an ERC-20 compliant token until the CyberMiles blockchain is operational, thereafter, a CMT native token will be issued.The initial CMT based on ERC-20 would be exchanged on a 1:1 basis with native CMT issued on CyberMiles’ blockchain.

How to buy CyberMiles (CMT) on SimpleSwap?

The SimpleSwap team has rethought the process of cryptocurrency exchange to make it simple, safe and comfortable.

What is the Reddit page for CyberMiles?

The official Reddit community (subreddit) for CyberMiles is r/CyberMiles.

What do investment analysts think about CyberMiles?

Weiss Research, an investment research firm that rates cryptocurrencies, has given CyberMiles an overall rating of “E-“, a technology and adoption rating of “E-“, and a market performance rating of “E+”.

What is CyberMiles?

CyberMiles is Empowering the Decentralization of E-commerce.

History of CyberMiles