Participants of the Yalls blog platform from April to November of the current year spent 20 thousand Lightning-payments in Bitcoin, reports CoinDesk . The platform was created by Lightning Labs developer Alex Bosworth. According to him, Yalls is his hobby. To read one article, the user needs to pay about one cent, half a cent – to post a comment, and 10 cents – to put a smiley. In this case, for the publication of an article fee is not charged. All payments are made via the Lightning Network (LN) protocol, which allows for instantaneous bitcoin transactions with almost no…
Author: BlockchainJournal
Cryptocurrency index funds are funds with an investment portfolio representing a wide cross-section of the cryptocurrency market. They are not intended for active intraday trading , but for long-term passive investments. Tell you more about them. Types of cryptocurrency index funds Active or passive control There are two types of cryptocurrency index funds: active and passive. The former actively trade in cryptocurrencies, and the latter on your behalf invest long-term in certain coins or tokens. Solid market coverage or selectivity Most cryptocurrency index funds invest only in leading coins and tokens, although there are some that try to cover the…
In the traditional Saturday review of the latest blockchain initiatives, applications such as supply chains, social services, energy and pharmaceuticals. SWIFT India uses MonetaGo technology in the banking sector Where: India In which area: banking sector Purpose: improving the efficiency and security of financial transactions, combating fraud Who is involved: SWIFT India, a supplier of financial technology MonetaGo Used technology: MonetaGo developments based on the Hyperledger Fabric framework Estimated implementation date: unknown Link: Press Release Sberbank, the National Settlement Depository and MTS completed the transaction on issuing bonds on the blockchain Where: RF In which area: finance Objective: to increase…
Despite the fall of Bitcoin and the high probability that the price will drop further, the well-known Chinese OTC trader and founder of Dfund Zhao Dong is optimistic about the future of the main cryptocurrency . In his opinion, now is the right time to buy Bitcoin, writes News.8btc . According to CoinMarketCap, on Wednesday the price of BTC reached a new 13-month low of about $ 4,277, having decreased by 25% in two days. Of course, this event has caused a lot of questions: will the digital currency reach a new maximum? If yes, then when? Zhao Dong, who…
The head of Genesis Trading, Michael Moreau, in a conversation with CNBC, expressed the opinion that the fall in the price of the first cryptocurrency would stop at around $ 3,000. "You really will not find the bottom until it reaches the level of $ 3000, followed by a flat ," said Moreau. He argues his arguments that the price has already tested the $ 4000 mark almost unchecked several times in the past few days. According to him, there will be no serious obstacles and on the way to $ 3000. Also, the analyst advised to be cautious to…
Over the past seven days, the volume of funds transferred via the Lightning Network (LN) has increased about three times. So, a little more than a week ago, users transmitted only 135 BTC through the payment channels of the LN network. Now this figure is 445.86 BTC: Data: 1ML The average amount of funds per lightning network node has also grown. Currently this figure is $ 1080. For comparison, as of November 15, the figure was $ 428. Over the past 30 days, the volume of funds transferred via LN channels has grown by 298.86%. In total, 4,164 Lightning nodes…
The Outlier Ventures State of Blockchains Q3 report states that over the year, the volume of venture capital investments in the blockchain industry has grown about three times. Last year, the volume of venture capital investments in blockchain and crypto companies amounted to $ 900 million, and from the beginning of 2018 this figure reached $ 2.85 billion. Thus, the increase was 316%. As before, most venture capital deals in blockchain projects occur in the USA. Also, researchers note a significant decline in activity in the field of primary offers of coins (ICO). So, if in the first quarter of…
The Ethereum blockchain development team is accelerating work on creating a plan for a large-scale update of the cryptocurrency network in the middle of next year. Information about this update has not previously been disclosed, it can significantly expand the capabilities of the system in the short term. The update is called “ethereum 1x” and can be activated in June 2019. At an Ethereum conference last month, in a conversation with CoinDesk, one of the developers who wished to remain anonymous said that the update was too early to discuss it publicly, while others refused to comment. The protocol of…
Overstock CEO and founder Patrick Bern plans to sell the company's retail division early next year in order to focus on the development of blockchain projects. It is reported by The Wall Street Journal (WSJ). Details about the future transaction, including the names of potential buyers and the proposed amounts are unknown. However, the WSJ notes that the sale of the company is scheduled for February 2019. According to Bern, he intends to devote himself entirely to blockchain projects. Overstock has a blockchain-oriented division of Medici Ventures, which last year suffered losses of $ 22 million. During the first nine…
Coinbase policy director Mike Lempres left the largest US cryptocurrency company to join Andreessen Horowitz, a venture capital firm, Bloomberg reported. As the newspaper notes, Lempres has held this position at Coinbase since September. Prior to that, he headed the company's legal department. “Mike was the head of Coinbase on legal issues and risks in the period of its incredible growth. He played an important role in the process of building the company's legal functions related to compliance with regulatory requirements , the company said in a statement. “ We wish him all the best in the new position at…