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Showing posts with the label Cryptocurrency

Head of ConsenSys predicted the death of liberal democracy

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Ethereum co-founder and ConsenSys startup CEO Joseph Lubin made several high-profile predictions during his speech at the Ethereal Summit conference in Brooklyn, New York. According to him, by 2047 all assets will be token-free, the Internet will be completely decentralized, and separate networks will be formed around various key interests, by analogy with national states. Lubin is confident that Donald Trump will be re-elected as president of the United States in 2020, the decline of American civilization over the next four years, the growth of radical sentiments in society and an increase in the number of hate crimes. It is noteworthy that, according to the head of ConsenSys, one of the main roles in this decline is played by the social network Facebook, which supposedly feeds global radicalism. Lubin is convinced that Facebook should be transformed into the Facebook Media news feed and a decentralized social network in which all startups have equal rights. Ethereum...

JPMorgan coin could destroy Ripple

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The announce of JPMorgan coin has made some noise among the cryptocurrency community. And Ripple`s top management isn`t an exception. JPM Coin is capable of destroying Ripple. We remain that Ripple is a company that specializes in cross-border payment. BlombergTV editor Joe Weisenthal wrote on his Twitter page: “If it turns out that the Blockchain/Coin framework turns out to be a good one for banks transferring money around, then the JPM Coin should absolutely obliterate Ripple” Authoritative trader under a nickname WhalePanda agrees with Weisenthal`s statement. “If you listen very carefully you will hear all Ripple holders now scream in agony,” said the expert. The new initiative from JPMorgan has found a response among other well-known representatives of the crypto community. Thus, the “self-proclaimed Satoshi Nakamoto” Craig Wright wrote that he was possessed a patent, allegedly capable of restricting the right to issue JPM Coin. Brad Garlinghouse, the head of Ripple, a...

The volume of Bitcoin transactions has increased by 63%

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The daily volume of Bitcoin transactions increased to the point which was in October 2017. It should be noted that it was bullish trend time. According to the  Transactionfee.info , the daily volume of Bitcoin online-transactions has raised by 63% during the last ten months. But, the SegWit-transactions part is still at 40% level, as well as a half year ago. But we can see the growth of the Lightning Network (Layer 2 payment protocol). 5536 LN node is working in the above-mentioned network now and transmitting 544 Bitcoins ($2 m) through 20 888 payment channels. 2018 wasn`t so bad as you thought According to the Satoshi Capital Research, the Bitcoin network processed transactions amounted to approximately $3,2 bn. It is less just by 8,23% ($300 m) that was in 2017 which was rather convenient for Bitcoin investors. So, what are we waiting for? Scup founder and cryptocurrency analyst Renato Shirakashi is sure that current BTC transactions dynamic seem...