Image of the weekend, 1-2 December

We present "the image of the weekend". Bitnewstoday.com has chosen the most important news on the digital economy and on virtual currencies. Only the most precious stories only from reliable sources. Every single event on this list will change the world of digital economy in both cases. The most important stories of this weekend in the most indicative quotations are below!

1. MIC DROP (The Daily Hodl)

Joseph Lubin of ConsenSys and Ethereum unleashes an epic tweetstorm

The co-founder of Ethereum and founder of ConsenSys Joseph Lubin outlined why he believes blockchain is a movement, and Ethereum is at the top.

Lubin highlights the growing DApp ecosystem along with blockchain-based solutions to a range of different problems faced by governments and financial service providers worldwide: from Estonia, from Dubai, from South Africa , from Japan, from Switzerland and from the Philippines to Chile. And big business and businesses "understand". They are advancing their private blockchain while decentralized platforms like Brave and Civic are growing. Call the "strange and surprising" crypto community, while also calling user interfaces that are becoming "more beautiful by the day".

2. SQUIRES FOR GEEKS (Financial magnates)

The Canadian company will take control of all CoinGeek operations, including 62,440 ASIC mining devices

Squire Mining, a Vancouver-based company that designs ASIC chips, plans to purchase CoinGeek, a cryptocurrency news site and a mining pool operator.

This is significant because the Squire Mining shares (market capitalization $ 35.4 million) are traded on a number of stock exchanges around the world, so this deal has created the largest listed cryptocurrency mining operation in the world. Beijing's Bitmain, the world's largest mining entity, is still awaiting approval to be made public in Hong Kong

3. STEP1: BUY A BITCOIN (Barron)

A year ago, Bitcoin was practically a foreign language for me

Then I saw an episode of Gray's Anatomy in which the hospital featured on the show was attacked by a group of hackers, who demanded 4932 Bitcoins in ransom (worth $ 20 million in the context of the program) . After doing some research and consulting with friends who had bought Bitcoin, I thought, well, maybe I should also put some money. That was my first investment, done before I really understood something about finance.

At that time, the price of Bitcoin increased, thanks to the cryptic enthusiasts who believed – as many still do – that a revolution in digital money would outweigh the legal currency, challenging governments and institutions. Millennials – like me – have defended Bitcoin as a better investment for young people than stocks. About a month after my initial investment, in December 2017, the Bitcoin price touched $ 20,000. A founder of the Bitcoin exchange has predicted that it will reach $ 50,000 this year. Yet, $ 20,000 showed the peak. Last week, the fabulous cryptographic currency is priced just under $ 4000.

4. VITALIK SA MEGLIO (The Daily Hodl)

The co-founder of Ethereum, Vitalik Buterin, defined the best case for blockchain

Ethereum co-founder Vitalik Buterin states that the term "computer world" is still a good way to describe Ethereum, a public open source platform based on blockchain, because its purpose is to help collaboration through a shared computing environment. But the corporate titans who are using blockchain technology to build computing environments are failing, according to Buterin. Call many of the "big corporate blockchain things" wasted.

While larger technology companies build private blockchains or start offering services to create business solutions using private blockchains, such as Amazon, the distinction between "blockchains that feed cryptocurrencies" and "blockchains that feed centralized private databases run by large corporations "It is becoming increasingly clear.

5. TRON & # 39; S WAY TO A THRONE (Blokt)

Tron continues to run smoothly and, in the last week, the number of transactions and accounts on the blockchain protocol has increased

Tron published his weekly Dapp report from November 24 to November 30 and describes a good image of the Justin Sun-led blockchain protocol. Tron, a blockchain platform designed for decentralized app development (Dapps) publishes the weekly report to provide insights to its community and potential users on how its platform is growing. Tron is in competition with other blockchain protocols such as Ethereum and EOS.

Tron's Dapp ecosystem continued to progress when more Dapps were launched and new partnerships were created. The Tron community can use different channels to try out Dapps. In terms of data, the week went better than the previous one. A total of six Dapps were added to the Tron ecosystem while the number of transactions and accounts on the network increased by 11% and 6% respectively. It is important to note that the global crypto bear market has not hindered Tron's ecosystem, which continues to maintain rapid growth.

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