We introduced the mainstream currencies in the current cryptocurrency market previously. Now let’s take a look at some of the emerging cryptocurrencies that can be mined. Yes, it is time to consider expanding your mining business.
The 4th upward cycle of bitcoin price will open around May 2019, and the entry of mainstream institutions and ETF may become the driving force of this round of cycle.
The 3rd round of price cycle may be completed around May 2019, followed by the 4th round of price cycle. The maximum increase rate in the 4th cycle will be smaller. The growing market value of bitcoin needs more financial support, so digital token must comply with the supervision to absorb more institutional funds and ETF will be the most feasible solution. In the future, it will develop from Crowdsale to ETF, from de-supervision to pro-supervision.
People should resolutely defend their own privacy based on the legal regulations to create their own exclusive information and space with the sense of controllable happiness as the resting place in the noisy world.
XDAG was developed by a Nakamoto-like Russian professor. His codes were so casual that very few people could understand them. The professor was so mysterious that no one knew his real information. Due to his Nakamoto-like style, everyone nicknamed him Satoshi Nakamoto in Russia. In January 2018, the XDAG is launched on public line and in February, the professor “withdrew” due to the disputes with the community and XDAG was maintained by the community fans spontaneously.
In the era when blockchains were very popular, the most term relevant to blockchains was decentralization, and the fork came next.
Then what is a fork? In the simplest words, the forks are software updating for blockchains. Software updating is most common from the days when we owned our first computers to the days of owning smart phones. The Windows has been updated from Win95 to the current Win10, and the Snapchat versions have also been updated for countless times. But do you ever wonder why the concept of fork has never been heard before? Why is the software updating known as the fork in the world of blockchain?
According to the latest data released by CMC, the net inflow of cryptocurrency market has reached nearly 20 billion US dollars since February this year. The rebound of the market has made the cryptocurrency circle very busy after half a year of quietness.
It’s generally believed that this wave of market was the direct result of the Litecoin halving. Some people even believe it’s completely possible for the LTC to replace the BCH as the supplementary currency for BTC in the future.
The LTC with a market value of only 1.6 billion(USD) is often regarded as the “spicy strip” in the market “without any technology background” except for the title of “Silver Litecoin”, can it have such a big energy? Does it result from the pursuit of capital or the power of consensus, or the technological advancement?
IPFS stands for Inter Planetary File System, which was launched by Juan Benet in May 2014. Juan Benet’s personal experience was quite legendary. He graduated from Stanford University. Before the establishment of IPFS project, his first company was acquired by Yahoo. In 2015, he created IPFS in the YCombinator incubation competition which won a huge investment for him and he set up a protocol lab which consisted of 14 core developers and hundreds of code contributors in the community.
Monero was born in 2014 with the features of higher anonymity and faster transaction speed by contract with bitcoin. In terms of Monero, it is necessary to mention an insignificant but important incident in the blockchain industry in September 2017, that is, the official adoption of RingTC anonymous technology. In the situation of dominance by bitcoin, the original cryptocurrency and popular DASH in the market, the Monero also developed into one of the mainstream currencies by means of the technology upgrading.
Being born in 2014, DASH enjoys higher anonymity and faster transaction speed than bitcoin. The DASH team has completed a lot of technical upgrades with active cooperation with other companies to promote DASH applications.