HolyTransaction is a universal wallet with built-in Crypto-to-Crypto Instant Exchange and supports over 30 types of cryptocurrencies. Apart from Bitcoin and Ethereum, HolyTransaction also provides full asset support for stablecoins like USDT and USDC, privacy coins like Monero or Zcash, and almost all the most popular cryptocurrencies such as Cardano, Litecoin, Dash, Dogecoin, DigiByte, and many more. To provide full support for the aforementioned cryptocurrencies, HolyTransaction enables users of these coins not only to send, receive, store and exchange them, but also to enjoy their advanced POS features, such as staking.

POS extends the functionalities of nodes to find blocks through the use of a consensus algorithm. Staking unlocks the full potential of the blockchain ecosystem by allowing crypto enthusiasts running full nodes to enjoy decentralized minting solutions. The new functionality provided by HolyTransaction is staking.

Staking is an innovative blockchain passive income strategy accessible in PoS (Proof-of-Stake) digital currencies such as Gridcoin, Blackcoin, Peercoin, and PIVX. With staking, owners of these coins are compensated with a modest quantity of crypto just for the very demonstration of holding the assets without spending them. It's the core idea of automated revenue: you don't have to do anything and you can just set up staking in HolyTransaction wallet and watch as your funds grow. In the past, staking used to be a complicated process, and only individuals with extensive crypto experience had the option to appreciate the money related advantages of it. As an ever-increasing number of individuals pursue the gain of easy revenue with staking, leading cryptocurrency solutions providers like HolyTransaction aims to release the full potential of Proof-of-Stake by making the process of staking more user-friendly and accessible to everybody, even people who aren’t tech-savvy.

The presentation of Gridcoin, Blackcoin, Peercoin, and PIVX staking opens up another part in the history of one of the most quickly developing free digital currency wallets that is HolyTransaction. It's a huge upgrade that will permit HolyTransaction users not only to make fast and secure crypto exchanges, store coins, and trade diverse cryptos, but also to effortlessly benefit from staking solutions such as this a new feature for HolyTransaction customer.

With HolyTransaction, gaining passive income through staking Gridcoin, Blackcoin, Peercoin, and PIVX is not only completely secure but also exceptionally simple. Just turn on the staking feature in your wallet, and watch as your assets begin to grow. Not all crypto wallets let their clients amass cryptos just by holding coins - because of the influence of staking, HolyTransaction is able to do precisely that.

Akash Network is the world's first decentralized cloud computing marketplace. Functioning as the DeCloud for DeFi, Akash accelerates scale and price performance for high-growth industries, including DeFi, decentralized organizations, and applications, as well as machine learning/AI. Leveraging 85% of underutilized cloud capacity in 8.4 million data centers, Akash will enable anyone to buy and sell cloud compute with efficiency, flexibility, and security.

The Akash Token (AKT) is a native utility token and the core of Akash's sovereign proof-of-stake chain. Akash Token Economics uses AKT to solve volatility while ensuring its public blockchain's economic security. The platform leverages AKT to govern, secure the blockchain, and provide a default mechanism to store and exchange value. The token also acts as the reserve currency in Akash's multi-currency settlement ecosystem, enabled by Cosmos’s Inter-Blockchain Communications (IBC) protocol. The company recently partnered with the Interchain Foundation to accelerate the development of the IBC interoperability protocol and bring it to market. Akash Network’s integral contribution to the development of IBC will enable the company to adopt and benefit from interchain technologies faster than any other company.

Akash is developing a faster, more efficient, and lower cost cloud for DeFi with its advanced containerization technology and a unique staking model. As global demand for throughput and content has increased, the company sees enormous potential in the expanding cloud computing industry, projected to be a $370 billion market by 2022, currently dominated by an oligarchy of four cloud service providers (CSP), including Amazon Web Services, Google Cloud, Microsoft Azure, and Alibaba Cloud.

To provide the market with more flexible and efficient services, and significant cost savings, Akash offers companies and developers a new alternative at a price up to 10x slower than the market. As Akash Network supports generic cloud compute, its serverless computing platform is compatible with all cloud providers and all applications that run on the cloud, easily integrating with a company’s existing technology stack.

On September 25th, Akash launched it's Mainnet 1 with 64 validators. Akash Mainnet 1 focuses on network stability and enables staking and governance operations, including the ability to delegate to validators and vote on governance proposals. In October, the platform will open its Phase 3 Testnet to serve as the launchpad for Mainnet 2 with one million AKTs in rewards. Mainnet 2 will go live in Q4 2020.

"The primary listing of AKT is one of the most important projects of BitMax.io in Q3," says Shane Molidor, Global Head of Business Development at BitMax.io. "BitMax.io applauds the Akash team for bringing a DeCloud alternative to the booming Cloud Service Provider (CSP) market. We aim to provide extensive support for AKT spanning from listing, staking, and more extensive infrastructure buildout."

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: @BitMax_Official
Telegram: @BitMaxioEnglishOfficial
Medium: @bitmax-io

About Akash Network

Akash Network is the world’s first decentralized cloud computing marketplace, enabling any data center and anyone with a computer to become a cloud provider by offering their unused compute cycles in a safe and frictionless marketplace. A faster, more efficient, and lower cost cloud compatible with all cloud providers and all applications that run on the cloud, Akash DeCloud will greatly accelerate the scale and price performance for DeFi, decentralized organizations, and high-growth industries including machine learning/AI/deep learning.

The company was founded by Greg Osuri and Adam Bozanich, who are globally recognized open source developers and among the top 20 programmers worldwide for authoring open-source libraries adopted by organizations like Ubuntu, HashiCorp, and Kubernetes.

For more information and updates, please visit:

Website: https://akash.network
Twitter: @akashnet_
Telegram: @AkashNW
Reddit: r/akashnetwork
Blog: https://akash.network/blog