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From the ability of Ethereum to radically change the Internet to a look at how Ripple is working to change global payments, here are some of the stories that break in the world of cryptography.
Ethereum
The co-founder of Ethereum and ConsenSys Joseph Lubin states that blockchain will radically transform the Internet. In his keynote address at the Lisbon Web Summit, Lubin says the new Internet will be completely decentralized and it will probably take a few more years to develop.
"Ethereum is in the vanguard as a candidate for the Web 3.0 largely due to its interoperable and radically decentralized nature.It may take a few years for our ecosystem to achieve deep interoperability and decentralization in the basic and higher layers.
But it's fine. We are able to grow in the radical future we envision as we take care of adoption, exploration of the use case, the user interface and the definition of the user experience – all that it will keep us busy for years ".
Bitcoin ATMs are set to reach 4000 installations in the next two days. There are currently 3,991 Bitcoin ATMs worldwide, according to Coin ATM Radar data. That number is increasing at a rate of 6.4 per day.
The United States far outweighs the other countries with a total of 2,371 Bitcoin ATMs followed by Canada and Austria, with 679 and 248, respectively.
Ripple and XRP
Here's a first look at the Ripple booth at the FinTech Festival 2018 in Singapore.
A corporate demo shows how Ripple's cross-border payment technology, including XRapid with XRP, works under the hood.
Remittance demo shown at @Ripple stand at # SFF2018. This is what the future of money flow looks under the hood. pic.twitter.com/6Y4o7abtn9
– ecent (@EDadoun) November 12, 2018
Tron
TRONbet continues to process a huge number of transactions on the Tron network. The first game DApp released on the Tron network, the popular dice game has now paid over 3.3 billion TRX since its launch on October 16th.
Basic Attention Token (BAT)
The What Whatcoin Did podcast presents a new interview with Brendan Eich, founder of Basic Attention Token and Brave, an open-source web browser designed to block advertisements and web trackers in order to maintain user privacy.
Eich, who is also the creator of Javascript, talks about how his technology can change the broken online advertising model.
The winners of the global EOS hackathon have just been revealed. A total of 75 projects competed head-to-head to build the best scalable DAcha blockchain on the EOS.io platform.
A new video shows VeChain used to verify the authenticity of a custom shoe created by the SBTG artist.
The shoes have a customized microchip in the form of a blockchain implanted in them that allows customers to verify the authenticity and proof of the origin.
When art meets technological innovation, the result can not be anything less than a masterpiece! @OfficialSbtg @vechainofficial #SBTG #VETERINARY #blockchain #fashion #adoption #adidas pic.twitter.com/3qq7qZHLRX
– Dimitrios Neocleous (@_DiNeocleous) 11 November 2018
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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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