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From Bitcoin against gold to new ways to use Tron and Stellar, here are some of the stories that break in the world of Crypto.
Bitcoin
The twins in the US Gemini encrypted exchange are supporting their bullish prospects on Bitcoin despite the bear market.
In a question about anything on Reddit, the encrypted magnate Tyler Winklevoss, who runs Gemini with his twin brother Cameron, said he believes Bitcoin is well on its way to overcoming the gold market cap of over 7 trillion dollars.
"Our thesis on the positive side of Bitcoin remains unchanged We believe that Bitcoin is better than gold and gold If we are right, over time the market capitalization of Bitcoin will exceed $ 7 trillion dollars market capitalization. "
If Bitcoin's capitalization exceeds gold, a BTC would be worth around $ 333,333, once the total Bitcoin supply of 21 million is in circulation.
The computer scientist and cryptographer Nick Szabo recently explained why he is on the same page.
"There will be some situations where a central bank can not trust a central bank or a foreign government with its bonds, for example." One solution that has been developed is to have the Swiss government in your hands – it's not a minimized trust solution The Swiss government itself is subject to political pressure and therefore a more minimal solution on trust is the cryptocurrency.
The other problem with gold reserves is that they are physically vulnerable. When the Nazis conquered countries in Europe, the first place they went was the gold reserve of a central bank. "
Ripple
Ripple's xRapid partner in the Philippines has just been sold for $ 72 million.
According to TechCrunch, a majority stake in Coins.ph's cryptographic exchange was sold to the ride-ride startup Go-Jek. The exchange says it has 5 million users, and plans to feed xRapid payments between the Philippines and the United States.
Meanwhile, the creator of the popular XRP Tip Bot is strengthening the security of the platform. Before a recent update, any user who decided to change their Twitter handle could lose their balance.
I just added a little bit @xrptipbot safety. By changing your Twitter handle, TipBot gives you the ability to migrate your balance (from the old to the new handle). However, if someone forgets to do so, an attacker could log the old handle and request the balance. No more 😎
– Wietse Wind (@WietseWind) 17 January 2019
Stellar
The portfolio platform Stellar Lobstr says it is working to make it much easier to send and receive XLMs. Users can now transfer their encryption simply by entering an email address. The new feature will also allow users to send XLMs to email addresses that do not yet have an account.
Send money as an email with @StellarOrg! ✉️💸
Send * ANY * Stellar Asset to * ANY * email address in seconds.
Do not worry if the user has a Stellar account.
Do not worry about the lines of trust.Just make a stellar payment to [email protected]*https: //t.co/oWGtHj5Cue pic.twitter.com/xzxdU7lwai
– LOBSTR Stellar Wallet (@Lobstrco) 19 January 2019
litecoin
The Litecoin Foundation says it is formally adding a new version of the Litecoin logo. According to the foundation, the blue logo was well received at its debut during the mixed UFC 232 martial arts event that broadcast the Litecoin logo to a global fan base.
Due to the huge popularity of the Litecoin blue logo seen in UFC 232, we added it to our style guide. You can download all the resources in the pdf on the Litecoin Foundation website. https://t.co/2nwFezCe25 pic.twitter.com/t8FExoMUmc
– Litecoin Foundation (@LTCFoundation) January 18, 2019
Tron
The Tron Foundation has just tweeted an image of the head of the Tron public chain, Marcus Zhao, paying for a cup of coffee with TRX. Zhao used the TronCard platform to make the transaction.
😄 $ TRX = EASY! Marcus Zhao, head of the public chain a #TRON, just used #Troncard and I got one! in a few seconds! Thank you @PoppyPOS to do #cryptocurrency so simple. pic.twitter.com/lFB7byLlAX
– TRON Foundation (@Tronfoundation) 19 January 2019
Cardano
The last episode of the Cardano Effect podcast was released. This edition presents an interview with Cardano's architect Manuel Chakravarty, who is working on the creation of Cardano's intelligent contracts.
This interview is really special. Dr. Manuel Chakravarty of Plutus on the Cardano effect https://t.co/4meQthtkOE
– Charles Hoskinson (@IOHK_Charles) January 18, 2019
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Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should perform due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and operations are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital assets, nor The Daily Hodl is an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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