From a fresh perspective on Bitcoin’s push to remain number one, to a new investment at Ripple, here’s a look at some of the stories breaking in the world of crypto.
A new visualization from the crypto data analytics platform DataLight is going viral on Twitter and shot to the top of Reddit/Cryptocurrency. It shows Bitcoin’s battle against the top 10 cryptocurrencies by market cap since 2013.
The overhead look at the crypto race shows that BTC, which remains in the number one position at a market cap of $93.5 billion, has had a long list of competitors since 2013. Ethereum came the closest to surpassing Bitcoin in 2017, hitting a $34 billion market cap, with Bitcoin at $43 billion.
Just 10 years ago first #Bitcoin transaction was sent and it’s astonishing to see industry growth and how many new assets have gained traction.
In this unique visualization by DataLight, you can track the top-10 crypto assets by market cap, from crypto’s early days until today. pic.twitter.com/JIYT3KagwD
— DataLight (@DataLightMe) April 17, 2019
Ripple and XRP
Ripple’s fundraising and development arm Xpring just invested in Bolt Labs.
The startup is working to boost existing blockchain and crypto networks by adding private transactions that execute in an instant, with low fees.
“Bolt Labs is building payment channel implementations using zero-knowledge proofs, blind signatures and commitments. Their solutions will bring scalability not only to privacy chains such as Zcash, but also to existing public chains where privacy is not a default capability. The potential for these implementations to be networked together with technologies like Interledger opens the potential further for cross-chain interactions with these privacy guarantees baked in.”
— Ethan Beard (@ethanbeard) April 17, 2019
The Ethereum-based development studio ConsenSys is analyzing a new list of the top blockchain companies compiled by Forbes.
According to ConsenSys, the list highlights the importance of Ethereum, and more than half of the companies on it are working with the leading smart contract platform.
The latest edition of The Lite Podcast is out, featuring Lightning Labs software engineer Valentine Wallace.
The episode covers the user interface design challenges for developing a mobile Lightning wallet, and looks at how Static Channel Backups work.
The team at Stellar is expanding. The Stellar Development Foundation, the non-profit behind the leading crypto and blockchain platform, currently has 11 open positions, including a long list of engineers, a grants manager and partnerships manager.
You can check out the full list here.
IOHK, the company behind Cardano, has released its formal specifications on Shelley, which promises to bring smart contracts and a new level of decentralization to the platform.
“As part of the process of delivering Shelley, we create formal specifications which allow us to verify that the final code is in line with what the researchers initially envisaged in their publications. By creating implementation-independent specifications, we can build components of the system using different languages, confident that they will work together.”
The soul of Shelley is out https://t.co/5Hcwt40BsU
— Charles Hoskinson (@IOHK_Charles) April 17, 2019
The team at Tron has launched a new website outlining how the new Tron-based Tether (USDT) tokens work.
“USDT-TRON is an initiative of the collaboration between Tether and TRON Foundation to bring USDT stablecoin to the TRON network.
USDT (USD Tether) stablecoin is a cryptocurrency designed to minimize the volatility of the price of the asset by pegging it to US dollar. Every tether that exists has to be 100% backed by Tether reserves, which include traditional currency or other assets and receivables from loans made by Tether to third parties. Every tether is also 1-to-1 pegged to the dollar, so 1 USDT is always valued by Tether at 1 USD.”
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— Justin Sun (@justinsuntron) April 17, 2019