TL;DR 5 Min Weekly Recap - Sachs/AlphaBay/EOS/Voting Rewards/IOTA
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?
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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