XRP Crypto Market Dominance Doubles, Plus News on Bitcoin, Ethereum, Tron, Ripple, Stellar, and Litecoin
From XRP’s increasing dominance, to the Bitcoin Lightning Network and an expansion of the Ethereum Enterprise Alliance, here’s a look at some of the stories breaking in the world of crypto.
Ripple and XRP
XRP’s market dominance is on the rise. On September 15th, XRP accounted for about 5.65% of the total cryptocurrency market cap. That number has since more than doubled, and now stands at 11.92%, according to CoinMarketCap.
Meanwhile, a new survey of employees at Ripple finds the blockchain and crypto startup is treating its employees right.
The review from the Great Place to Work Institute found 91% of the company’s employees say their workplace is great. The survey is based on questions answered by 139 employees, with a 90% confidence level and a margin of error of ± 4.26.
Bitcoin
The power of Bitcoin’s Lightning Network has dramatically increased in the last week.
New numbers from 1ML show the overall capacity of the network has jumped by nearly 300%, thanks to the addition of new nodes.
Ethereum
The Ethereum Enterprise Alliance just opened a new regional headquarters in Seoul.
“Combined with the EEA’s regional office in Tokyo, the new footprint in South Korea and dedicated leadership of Enterprise Ethereum blockchain leader Joonho Park will enable the EEA to accelerate the global adoption of EEA’s standards and certification programs.”
The alliance is made up of more than 300 companies concentrating on creating new standards for Ethereum-based enterprise blockchain solutions.
Stellar
The Lightning Network is set to launch on the Stellar network in about a week. Here’s a look at the roadmap.
Litecoin
In a series of tweets, Litecoin founder Charlie Lee looks back at how he stopped 51% attacks on the network in the early days.
1/ In the early days of Litecoin (2011), there were threats of 51% attacks. To keep Litecoin secure, I utilized checkpoints. Checkpointing is a centralizing feature as it relies on the developers deciding which is the right chain. But for the beginning of a coin, it made sense.
— Charlie Lee [LTC⚡] (@SatoshiLite) November 22, 2018
3/ I have also considered preventing large re-orgs in the code but decided against it. There is a very good reason why I didn't do this in Litecoin and why Satoshi didn't do it for Bitcoin. Satoshi said it best in one of his emails. https://t.co/GuWWkyzhVv pic.twitter.com/TKmQ3YZ5Df
— Charlie Lee [LTC⚡] (@SatoshiLite) November 22, 2018
5/5 If this is not true, then it's not decentralized as you have to trust someone to tell you which is the right chain. The whole point of decentralization and sound money is that you don't have to trust anyone.
— Charlie Lee [LTC⚡] (@SatoshiLite) November 22, 2018
Tron
Tron (TRX) is now available on Huobi Wallet.
To mark the occasion, Huobi is giving away a total of 400,000 TRX to customers who store Tron on the wallet.
Bounty program is on! Store TRX on Huobi Wallet to share up to 400K TRX bonus. Details see the picture below. Download Huobi Wallet from https://t.co/LiHI6FlkXt. @Tronfoundation @justinsuntron @HuobiGlobal #TRX #huobi #blockchain #cryptocurrency pic.twitter.com/6zELN0E2Ss
— HuobiWallet (@HuobiWallet) November 21, 2018
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