Zencash gets hit by a 51% attack where hackers attempted to reorganize transactions and potentially scam exchanges. IOTA gets the Qubic upgrade - adding smart contracts and decentralized computation to IOTA's arsenal. Bittrex will potentially add support for fiat transactions.
0:52 Market Recap
1:40 IOTA gains Qubic - Smart Contracts + Computation
3:00 EOS Mainnet Launch Update
3:58 Openchain and why its important for Interoperability
4:57 Zencash 51% Attack
7:30 Bittrex to gain fiat options?
8:14 Estonia's failed national crypto
9:03 Blockchain Economic Forum
IOTA Qubic https://qubic.iota.org/
EOS countdown https://eoscountdown.com/
Zencash 51% Attack https://blog.zencash.com/zencash-statement-on-double-spend-attack/
Bittrex to fiat? https://www.cnbc.com/2018/06/01/bittrex-exchange-will-let-investors-swap-their-dollars-for-cryptocurrency.html
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I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
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I talk about:
#Bitcoin #Ethereum #Cryptocurrency #Crypto #Altcoins
My video is at DLive
The problem with crypto-fanboys is they thought dethroning the existing power structures would be just that easy. They failed to recognize that there are ruthless players that have decades of experience gaming the system. Most of these new alt-coins are baby lambs just waiting to be slaughtered.
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Hi Mikel!
Thanks a lot for this informative video and your insights.
Glad to have you back on Steemit. There is actually really a lot happening in the crypto scene currently.
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WOW thanks a lot for the upvotes! I really appreciate that.
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Any steps that make on boarding easier has got to be positive news.
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If Bittrex can successfully onboard fiat as a gateway to assets in their platform it will benefit the overall adoption as it broadens the available market to retail investors which are interested in participating. The challenge will continue to be how user friendly the onboarding process could be and that could prove difficult given the amount of assets they have and concerns regarding security in centralized exchanges.
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the 51% is super scary now days when am doing resent on a coin its a massive - on my part.
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Good post
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Coins mentioned in post:
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