Elastos Fraud / China Court Rules For Crypto / EOS 17,000x Better Than ETH
On today’s episode of The Cryptoverse…
I have hand picked 5 top crypto news stories for you today, plus I’m including a chart of the day segment as the 6th segment, today we’re going to look again at Veritaseum.
Stories today include:
00:00 - Introduction
01:17 - EOS vs ETH
02:46 - Elastos Fraud
03:57 - TrueUSD in Exodus
05:27 - Chinese Court Ruling
06:47 - Indian Supreme Court
09:30 - VERI/BTC Chart
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EOS is 17,000 times more energy efficient than Ethereum according to analysis done by Genereos Australia
https://medium.com/@generEOS/eos-energy-consumption-vs-bitcoin-and-ethereum-2d1bb31ed72f
Bad publicity for Elastos as 100 Chinese investors get together and draft a whitepaper detail 8 specific counts of fraud and manipulation
https://www.scribd.com/document_downloads/direct/391592797?extension=pdf&ft=1540545143<=1540548753&show_pdf=true&user_id=424844689&uahk=j9oe6wKHyxR4WkCFLWewTX3mbDg
https://docs.google.com/document/d/1xgS1Man7p31HdMqWaYd2Kg2QVBVFXZRSdSwy8y60nz8/edit?usp=sharing
https://steemit.com/elastos/@xiaojin/investor-community300-people-jointly-named-eight-denunciations
Did you know that the Exodus wallet supports instant exchange to and from the TrueUSD stablecoin?
https://drive.google.com/file/d/1loQH7ZAvPTvdjxgKc8mDMWuP38ZF7qiZ/view
Chinese arbitration court says Bitcoin should be legally protected as property
https://mp.weixin.qq.com/s/U_qDgQN9hceLBbpQ13eEdQ
https://www.coindesk.com/chinese-arbitration-court-says-bitcoin-should-be-legally-protected-as-property/
Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report
https://news.bitcoin.com/indian-supreme-court-government-cryptocurrency-report/
https://coin.dance/volume/localbitcoins/INR
Thank you for the up to date information today.
Posted using Partiko Android
Wow. The pressure on Elastos sounds serious. Wonder what the text really says. Its good that the biggest countries in the world (regarding to population of humans) make up there mind about how to treat cryptos. Nice to briefly look on charts (constant dripping wears away the stone - of my ignorance in this case). Great episode. Thanks.
I'll keep saying it. Until projects start to use smart contracts to lock up tokens and they're easily verifiable, ICOs are dead
Absolutely! Great content! :D
I think EOS has a big edge on Ethereum already because by the time Ethereum changes to Proof of Stake EOS will be more stable for Dapps and more working dapps will be online on EOS...EOS is already upgrading its platform constantly to improve Dapp transactions :)
It will be interesting to see how or if Ethereum is able to move from POW to POS and the implications it will have in relation to EOS and others. I think it is a risky move but probably the best for the long term growth and scaling of the network.
Great show Chris I am a long time follower and rare commentor. It's weird but I have I think that coins like Tether are great way to bring people into crypto but I would never myself by any of it.
It seems like POS is the future. More efficient systems always gain an advantage at somepoint. Though POW will undoubtedly have a place in that future.
Only now seen ... 7 day old news still good and valid news (new knowledge) for me LoL ... Wow so Exodus works like an exchange/ShapeShift similar ... but I guess the fees of changing crypto back and forth are enormous
Good distinction on the 17,000x gain in energy efficiency in EOS, as compared to ETH, being due to the DPOS technology that EOS is built on!
Btw, did you see my comment yesterday re the Quint stable coin? Its website is https://quintric.com/ It says that it is powered by the Bitshares blockchain on the back-end and that each Quint is backed by actual physical gold held in a vault in Utah.
Yes I replied saying I was not able to find it on the BitShares network