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From the great advantage of Bitcoin on gold to a new cross-border payment network in Ripple, here are some of the stories that break in the world of cryptography.
Bitcoin (BTC)
Despite the crypto collapse, Bitcoin is depositing more transaction volume than gold.
The latest issues from Coinmetrics.io and the London Bullion Market Association show BTC The volume of s is almost three times that of gold.
Bitcoin has increased the volume of tx compared to global gold markets since the beginning of 2017.
BTC: underway to process $ 1.1 trillion transactions in 2018
Gold: to process $ 0.4 trillion transactions in 2018Sources: https://t.co/eVqQiq56gv for BTChttps: //t.co/zqh4eykqNb for Gold pic.twitter.com/oc5piRvrXE
– Kevin Rooke (@kerooke) 15 August 2018
Ethereum (ETH)
The creator of Ethereum Vitalik Buterin has just delivered his speech at the Ethereum 2018 meeting in Zug, Switzerland. He focused on the transaction economy, breaking down the fundamentals and the future of tariffs on the network.
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Ripple and XRP
Mercury FX, a global money transfer service, states that you test payments in China and Mexico using Ripple's proprietary blockchain technology. The company piloted Ripple xRapid for months, which uses XRP to enhance cross-border payments.
Tron (TRX)
Tron founder Justin Sun is expanding on how the platform will integrate with BitTorrent. In a new interview with Forbes, Sun states that Tron will contribute significantly to providing incentives that enhance BitTorrent's existing decentralized network.
"We are currently actively working on Project Atlas, an important step towards a fairer Internet: the project is in collaboration with BitTorrent, and will prolong the life span of their torrents, offer rewards to peers who sow torrents, infuse resources in the torrent ecosystem and establish financial rewards in return.The project will transform the way people share and consume content, helping to reform the industry for the better …
TRON has embraced a huge network with over 100 million active users.We also recently kicked off Project Atlas, which will allow us to encourage users in the BitTorrent ecosystem to participate and contribute to the network by offering our tokens , a first in history.We also have more interesting news in the fourth quarter. "
Nano (NANO)
Nano reached a maximum of 756 trans actions during a new series of stress tests. You can check the details on the community test here.
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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