As the competition between blockchains for developers and users picks up, investors have to decide which cryptocurrency is a likely winner in the future. Ethereum ( ETH -0.93% ) has long had a big lead as a utility blockchain with smart contracts and non-fungible tokens (NFT), but it’s struggled with scaling transactions and extremely high costs.  This week a major figure in Ethereum development said that an anticipated “merge” that would bring Ethereum from costly… Source link

Key Takeaways The Optimism team has laid out plans for “A New Chapter” in the network’s progression. The Layer 2 solution has confirmed a move toward “community ownership and governance,” hinting that it may soon issue a token. Coinbase has also created a page for an Optimism token, leading to further speculation. Share this article Optimism has released a new blog post suggesting it will implement a system of “community ownership and governance.” This, combined… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Cryptocurrency’s rise to mainstream pop-culture phenomenon has certainly transformed the overall blockchain ecosystem for the better; more people than ever before are actively participating and aware of the technology, institutions once rejecting cryptocurrency are investing millions of dollars in it and even “old-money” strongholds such as J.P. Morgan and Goldman Sachs are publishing reports on the performance of various digital assets. Yet, the mainstream acceptance of blockchain… Source link

According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against the U.S. dollar. Monero Aims to Upgrade in July The development team behind the Monero (XMR) project has plans to upgrade the blockchain at some point in July, according to the Github-hosted version… Source link

“The macro landscape is looking positive in my opinion,” wrote Marcus Sotiriou, analyst at the U.K.-based digital asset broker GlobalBlock in a newsletter. “I am not concerned whether there is a 50-basis point rate hike or not. What matters is how strong the consumer is. The University of Michigan consumer sentiment index is flat, showing that we do not have unanchored inflation expectations, meaning that people do not think inflation is going to run away. This was not the case in the… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Image source: Getty Images Privacy coin Monero (XMR) is up more than 85% during the past two months. Key points According to CoinMarketCap, one of the original cryptocurrency privacy coins — Monero (XMR) — is up 87% since Feb. 24. The same website shows that Bitcoin is up 18% and Ethereum is… Source link

by Analytics Insight April 19, 2022 Bitgert (BRISE) has become the best second chance for crypto investors that missed a chance on projects that have done well and made their investors rich. If you missed the chance to invest in Polygon or Litecoin, Bitgert is for you. This is a project that crypto experts say will be the next big thing. Bitgert (BRISE) provides you with a perfect opportunity to invest in a cryptocurrency that might outperform even Polygon, Litecoin, and many other large… Source link