Headlines for the world of Cryptocurrencies - April 02, 2018

in #cryptocurrency7 years ago (edited)

Vitalik Buterin Proposes 120 Million Cap For Ethereum

The creator of Ethereum Vitalik Buterin has recently wrote a new ethereum improvement proposal (EIP) which relates to the crypto's maximum supply.

The limit on the amount of ethereum ever could be created has been one of the biggest outstanding questions in the community.

In his EIP issued on April 1, 2018, Buterin recommended to set the maximum supply of ethereum to exactly 120,204,432.

The amount is twice of that sold during its initial coin offering in 2014.

Ethereum's protocol has long been having an open-ended policy when it comes to supply, and this proposal could clear up questions from critics and investors who have doubted its potential as an investment opportunity.

More of the proposal can be found here.


TD Bank Considers Using A Public Blockchain To Track Assets

One of the major banks in Canada TD Bank is planning to utilize a public blockchain to digitally track assets.

TD Bank filed a patent which was published March 9, 2018 and it outlined how the bank could use a public distributed ledger to help point-of-sale computers to track transactions.

The application states that one advantage of blockhain-based ledgers is its public nature that enables anyone to review the content of the ledger & verify ownership.

More about the application here


A Country In The Caribbean To Set Up A Cryptocurrency Exchange

Antigua and Barbuda's government has decided to create their own and first cryptocurrency exchange.

The country wants to cash in on the global fintech wave to generate revenue for its treasury and at the same time position itself to the cutting edge of the new system in creating wealth.

According to the country's IT Minister, Melford Nicholas, the crypto exchange will bring the country into the game, as it were and should there be any potential economic spinoffs, they should be in the front seat.



Headlines for the world of Cryptocurrencies - April 01, 2018

Huobi Korea Has Officially Launched With 100 Cryptocurrencies / Bittrex Indroduces A Tether To TrueUSD Trading Pair / Russian Bank To Test Crypto Transactions In Switzerland

Headlines for the world of Cryptocurrencies - March 31, 2018

First Hollywood Blockchain Movie: Will This Be The Beginning Of The End Of Piracy / Bittrex Has Announced The Launch Of Their Next-Gen Website / BitPay Now Adds Bitcoin Cash Support In Addition To Bitcoin

Headlines for the world of Cryptocurrencies - March 30, 2018

Ford To Utilize Cryptocurrency For Vehicle-To-Vehicle Communication / Hotels In Russia To Accept Bitcoin Payment From World Cup Fans / Intel Files Patent For A Bitcoin Mining Accelerator





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much appreciated for the information and upvote :) I'm hopeful for the significant developments and further awareness that will envolve more people around the world. More methods to get users into crypto and the embracing of new platforms by disgruntled users of other websites will make this a great year. The revolution has only started but things are really looking up. Stay strong and keep up the good work.

Thanks! That is very encouraging. Crypto adoption is definitely growing. Hoping for the best this year. :)

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