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From the long-term success of Bitcoin to a new case of cross-border use at Ripple, here are some of the stories that are breaking up in the world of Crypto.
Bitcoin
Tim Draper, a venture capital billionaire and Bitcoin bull, claims that he believes Bitcoin will outweigh the legal currencies and will prove much more stable in the long run. At the Web Summit technical conference in Lisbon, said Draper,
"We will see every kind of volatility: a bitcoin is still a bitcoin, it's just all these other political currencies that will be very volatile against it as they slowly disappear from our use."
Draper also reiterated his belief that the price of Bitcoin will reach $ 250,000 over the next few years.
"My forecast for $ 250,000 by 2022 – maybe 2023, but at that interval – is absolutely solid, but I'm not so sure how we'll get there."
Ethereum has set a free date for the next update.
In its last group conference, the developers established January 16 as the launch date for Constantinople. The planned upgrade includes a number of optimizations and reduces the mineral reward from three ETHs to two ETHs per block.
The Japanese financial giant MUFG states that it will use Ripple's proprietary payment technology to create a new cross-border payment service between Japan and Brazil.
Meanwhile, the programmer who works to bring XRP transactions to Amazon Alexa has launched a closed beta test.
You can sign up for the beta here.
Hello #XRPCommunity,
the @xrptipbot #Alexa the skill is now available for the beta. If you want to join the beta version, fill out the following form: https: //t.co/bQOTPMEDMePlease read this form carefully.
If you are approved, you will be sent an email with further instructions.
– nixer (@nixerFFM) November 9, 2018
EOS
Block.one's co-founder has just sat down for an interview with Bloomberg.
Brendan Blumer talks about how the blockchain can transform the Internet and looks to the future of initial coin offerings.
The founder of NEO, Da Hongfei, believes that excessive government regulation has significantly slowed the adoption of blockchain and cryptocurrency.
"In the early days, people expected to see the blockchain applied to the financial industry, as the new technology could disrupt the traditional financial sector, but the implementation has undergone regulatory barriers as the industry Financial is strictly regulated almost anywhere in the world.There are only two ways to integrate the blockchain in the financial sector by cooperating with a licensed financial institution … or you can bypass the license by doing something that does not need a license … In essence, the blockchain can barely survive within the existing regulatory system. "
You can check the full interview on the official NEO blog here.
litecoin
One of the largest transactions that has ever hit the Litecoin network has just been worked out.
As reported by Litecoin.com, the transaction,
"It appears to be a consolidation of funds at a new Multi-Signature / Segwit address by a handful of Legacy addresses.The transaction that created the new richest address on the network was made from the previous address plus rich on the net, which is now empty, 71,618,997 days of coins were also destroyed in the process. "
VeChain
VeChain has released a new video introducing its Digital Carbon platform. The initiative is part of a partnership with DNV GL and is designed to offer companies and homeowners a blockchain-based method to monitor and reduce emissions.
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Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin or cryptocurrency. Your transfers and exchanges are at your risk. Any losses you could sustain are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.
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