Last week started off with a great deal of enthusiasm for the tech industry as large companies either broke into Blockchain or engaged elsewhere in the region. Bitcoin and Altcoin stories were in the news cycle as usual. So it happened in the week that ended on February 10 …
The tech industry His enthusiasm for the cryptocurrency became apparent when Facebook first made a blockchain takeover and bought out an emerging smart contract platform called Chainspace. Google Cloud also made waves after developers announced adding several new Altcoin records.
In addition, Twitter boss Jack Dorsey conducted a ceremonial transaction on the Lightning Network by briefly wearing the "Lightning Torch". Meanwhile, Binance boss Changpeng Zhao promoted speculation by suggesting that Amazon "sooner or later" would have to release its own crypto currency – at least nothing official was announced on the Amazon side.
exchanges also some important steps forward. Binance hinted that it will launch its Binance Chain in the coming weeks, while Kraken announced the acquisition of a derivatives platform called Crypto Facilities. In a big turn of events, the believers were trying to revitalize the platform with the infamous Hacked Mt. Gox Exchange.
Litecoin continued the news this week. The price of the coin has risen to new details on the upcoming privacy features: Litecoin developers are now planning to implement the new MimbleWimble privacy protocol with the help of the Beam developers. Litecoin has also announced that it sponsors the Mammoth Film Festival and is paying more attention to the coin following its recent UFC partnership.
Bitcoincourse was still a hot topic. The Bitcoin futures platform Bakkt announced that the launch date is planned for later "later years". By the way, a phisher used these delays to start a fake platform. In the meantime, bitcoin mining is becoming more decentralized in the long run, according to some sources, though some large pools still dominate.
ether The developers are still working diligently on the upcoming update of the Blockchain version of Constantinople, which will take place on February 25th. During an otherwise event-less news cycle, there were still reports of Ethereum's low dApp usage rates. In other news, a leading Consensys developer has joined Ethereum Classic as Executive Director.
NEO is progressing step by step, and this week the platform has announced new incentives for developers and developers of dApp. However, NEO Global Development has indicated that it is investigating the area of securities. Details have also become known about a smaller setback in the block chain, which took place at the end of January; The problem is now described as an obsolete block problem.
EOS was relatively quiet this week, but the platform still produced some important topics. One block producer, EOS New York, recently criticized the voting and participation thresholds of the EOS referendum. In addition, Block.one, EOS's flagship software company, has suggested that blockchain technology could solve password security issues.
Zcashhas now experienced a few ups and downs. This week, Zcash has made a big mistake in public, although the mistake has been kept secret and is not exploited. Several independent audits of the Zcash sapling and hibernation upgrades have also been published, though these appear not to be related to the fake error.
Tezos has re-entered the legal spotlight. The main plaintiff in a class action lawsuit was accused of bigotry and conflicting claims, and his withdrawal could completely put the case back. At independent events, a popular Tezos baker has demonstrated a high degree of integrity and renamed Tezos Capital to make his profit-driven nature more visible.
The trends of the next week is everyone's guess. Ethereum still has time to see another hickup before the upgrade from Constantinople, and Litecoin may stay on the home appliance popularity scale for another week. One thing is for sure though: the BitTorrent token's multi-year flight cancellations will start this week, so TRON will undoubtedly become an important focus over the next few days.
Contribution Source: The Week in Review: Tech Buzz, Litecoin Surge, Lightning Torch
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