Bitshares and The Growing Demand of Cryptocurrencies
BITCOIN
-It’s official! 83.28% of miners have come to an agreement to upgrade the bitcoin blockchain with segwit. This means the argument about scaling is finally coming to an end. With that, true adoption can finally occur. Congratulations bitcoin community! You can now board the bitcoin rocket. Destination: the moon!
BITSHARES
-In yesterdays video I spoke about a couple of decentralized exchanges that are close to launching. However, what I failed to realize is there’s already a live decentralized exchange. Big shout out to decentralizesharing on reddit, for bringing this to my attention. Some of you may have heard of the coin bitshares but what you may not know is bitshares is the currency that powers the decentralized exchange also known as bitshares. By downloading the wallet you can trade between many different currencies on the blockchain. All you have to do is go to the bitshares.org website and sign up to get started! There are tons of options for trading with this new exchange. You can trade things like fiat currencies, gold, silver, and even IOU’s! It’s really fascinating.
ZCASH
-Yesterday at Consensus 2017 JP Morgan and ZCash announced their partnership. JP Morgan plans to implement ZSL (otherwise known as zero-knowledge security) in its own blockchain project known as Quorum. This will allow anonymous transactions to take place on top of the public ledger of the blockchain. This is huge news for ZCash community. We have already begun to see a huge spike in price of ZCash itself. While this news is very exciting, please keep in mind that JP Morgan is not using the ZCash blockchain. It will be using its own blockchain technology built from an Ethereum fork.
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