TL;DR 5 Min Weekly Recap - Sachs/AlphaBay/EOS/Voting Rewards/IOTAsteemCreated with Sketch.

in #crypto-news7 years ago (edited)

Quick TL;DR 5 Sentence Summary recap of the past week's interesting articles.

1>>Goldman Sachs' New Patented Coin

GS is expected to launch its own cryptocurrency called SETLcoin, which will be used for trade settlement.

2>>AlphaBay Shut Down By Feds - Co-Founder Dead

The Darknet site, Alphabay, disappeared on July 5th, following the RCMP and FBI raids and the arrest of Alexandre Cazes.

3>>EOS' ASC System - Fact or Fiction?

The major advantages of asynchronous smart contracts are an increased transaction throughput, the potential to eliminate network fees, and providing a viable scaling solution.

4>> Under the hood of the upvoting rewards mechanism

What are the depending factors on how much you earn?

5>>The Mysterious IOTA

Described as a blockchain systems platform without the blocks, IOTA claims its Tangle distributed ledger and P2P networking platform can create highly efficient zero-cost digital trading/transaction networks.

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