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From the huge Bitcoin hash rate to the case of using crypto as a Swiss bank account for everyone, here are some of the stories that break in the world of cryptography .
Bitcoin (BTC)
Bitcoin hash rate has just reached 62 quintillion, a new record. This brings the total gain only in August to over 50% – a sign that the network is flourishing and the number of Bitcoin miners is growing.
Ethereum (ETH)
Ethereum co-founder Gavin Wood has just sat down with Bloomberg to talk about Ethereum and crypto in general. The conversation covers ICOs, the downsizing of the blockchain and the challenges of building a platform in a bear market.
The CEO of the money transfer company Stellar Tempo says he believes the crypt will play an important role in the future of finance. In a recent interview with Finance Magnates, Anthony Barker states: "If you live in a country with inflation, or in a country [where the government] wants to steal your money, it's a bit like a Swiss bank account for every person." [19659011] Litecoin (LTC), Dash and Ethos
The Ethos universal encryption platform is on track to add Litecoin and Dash. In a new update, the company states that "it is testing these two coins internally – putting them at 95% completion." Integration is behind the corner and we are delighted to bring the Ethos, Litecoin and Dash communities together. "
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Cardano (ADA)
Cardano founder Charles Hoskinson recently hosted a question and answer session at the Telanian Cardan Meetup. Hoskinson details his vision for Cardano and introduces Ouroboros, the new test of the pole algorithm platform.
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. Keep in mind that The Daily Hodl participates in affiliate marketing.
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