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From the long-term impact of Bitcoin technology, cryptocurrency and blockchain, to the breakdown between Ripple and Swift, here are some of the stories that break in the world of cryptography.
Bitcoin
Pantera co-CIO Joey Krug states that Bitcoin has initiated a revolution that will radically transform every aspect of the global financial system.
In a long thesis on the future of finance, Krug argues that cryptographic and blockchain technology will prove to be as significant as the press and the Internet.
"Just as the Internet has indeed created a parallel information infrastructure, encryption (sorry for cryptographs, the term has been officially co-opted!) It will build a parallel financial infrastructure, and no, it will not happen with private blockchains anymore. how much the Internet revolution happened with the intranets …
I think that to make money in this market you have to be against the current and right about which projects and companies invest in. It is easy to buy only bitcoins and hope that digital gold is the reference point, after all. But I think we are on the precipice of something much, much bigger than this: the first beginnings of a revolution of the entire financial system ".
You can check the full thesis here.
Ripple and XRP
Ripple CEO Brad Garlinghouse and Swift CEO Gottfried Leibbrandt are ready for a showdown in Paris.
The two will join the panel called "Let & # 39; s Send the Money" at the Paris Fintech Forum on January 30th. In November, Garlinghouse said that Ripple's suite of cross-border payment solutions is set to replace Swift, which is currently the dominant network used to fuel international payments between banks and financial institutions.
⚠ # PFF19 30/01 SAVE THE DATE✍ Exceptional panel with @bgarlinghouse CEO @Ripple #GottfriedLeibbrandt CEO @swiftcommunity CEO on "We send the money" Do not miss to register for January 29th and 30th ➡➡ https://t.co/reEAWwcDtW pic.twitter.com/oWgyOM1txQ
– Paris Fintech Forum (@ParisFinForum) 11 January 2019
Ethereum
The Ethereum-based development study, ConsenSys, has published a detailed infographic illustrating the changes coming to Ethereum in the upcoming update of Constantinople.
Constantinople is ready for launch on January 16th.
litecoin
The creator of Litecoin, Charlie Lee, has just sat down for an interview on the unconfirmed podcast with Laura Shin.
Lee talks about the recent 51% attack on Ethereum Classic and what it means for the future of the blockchain.
IOTA
A major developer at the IOTA Foundation says the team has completed a demonstration of the concept that allows smart power grids to balance.
"We have built a demonstration of the concept of how an intelligent grid could autonomously balance itself, sharing data securely through IOTA and letting the devices decide whether they want to help or not balance, but if they do they will get a small fee in This is all done by the system itself.There is no need for human interaction to make the system work …
We all know which solar and wind energy has become increasingly common in our grids, and we also know that at night the sun does not shine. This means that we must use energy when it is available or store it for a later time. Using this technology we can create self-sustainable islands that can continue to run with the power they have collected. The combination of several islands would create a much more resilient network and therefore much more resistant to power outages ".
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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, 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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