Blockchain: the projects to keep an eye on and how to make sure you have the forks and coin developments at hand in the fourth quarter of 2018 – Irish Tech News

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Written by Karl Timmins

Blockchain technology and cryptocurrencies have evolved in many ways since they first started. Cryptocurrencies have given people all over the world a new method of financial interaction independent of a relevant intermediary that helps to pave the way for the current cryptographic market.

First we look at some coins within the market and some indicators for their potential performances –

QTUM:

Qtum is a Singapore-based company that was recently added to the Poloniex exchange. Qtum is a Dapp platform and has a number of live applications running through its website https://qtumeco.io/dapps . Qtum uses both the smart contracts and the test of the pole algorithm. Qtum is currently at number 29 in the list of the highest coins per volume, according to https://coinmarketcap.com/ . The previous Qtum of all time, with a high price of 0.00607530 to January 2018. At the time of the Qtum Core portfolio download a user can manage a node without limitations on minimum quantities, providing a return on investment for the 39; operation of the node.

SONM: [19659004] SONM (as per their website https://sonm.com/ ) provides hardware-based cloud services at the distributed customer level, including PCs, mining and server equipment & # 39 ;. Users can buy or sell computational energy through the SONM service. SONM specializes in back-end FOG computing, creates an intelligent contract market and provides decentralized cloud services.

Ethereum FOG:

Ethereum FOG http://ethereumfog.org/ is a fork of Ethereum that focuses on FOG-based computing. FOG computing enables cloud-based services to be readily used by ordinary consumers and businesses. Ethereum FOG is currently under development and was introduced in November 2017.

Keeping the crypto market up-to-date is an important aspect of virtual currency trading. New platforms and improvements are introduced on a quarterly basis. Coin forks that seem to improve previous versions are becoming more and more part of the encryption sphere.

Coin forks targeting specially produced Asic miners are discussed by many coin development teams. Both coins is an example of how coin developers are trying to become Asis-resistant to allow for a more transparent mining community. More information can be found on this topic on the coin blog Sia https://blog.sia.tech/

Coin forks can be used both to improve and to destroy the ecosystem crypt as it was seen on the Bitcoin crossroads that produced money in Bitcoin. Money developers in Bitcoin have promoted a better product with faster and cheaper transactions. This may have been true to some extent, but it has not been widely accepted within the community, but is still available for purchase through a number of important exchanges.

Ethereum is another currency that has forked in the past by leaving Ethereum Classic, which Charles Hoskinson's maker of the Cardano platform had been apart for some time and is now also readily available via a series of great exchanges.

Keeping up to date with these events can make sure you know which coins have the potential to keep going up and which ones could be left behind in the ever-changing market. Coins can be acquired to become part of bigger projects and some coins can be left without control, without development teams to monitor (this, as you can imagine, would not be a great place to put your hard money). Market research and updating can mitigate some of the risk if you enter the market for the first time or manage a portfolio of cryptographic assets.

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