The $ 20 trillion Bitcoin and Crypto Market Call, plus Ripple and XRP, Tron, Ethereum, VeChain, IOTA: Crypto News Alert

From Bitcoin’s groundbreaking spark to Ripple’s expanding global network, here’s a look at some of the stories breaking in the cryptocurrency world.

Bitcoin

The CEO of international finance firm deVere Group says crypto is a breakthrough phenomenon that will hit a massive $ 20 trillion market cap over the next decade.

According to Nigel Green, Bitcoin’s dominance will decrease if the total capitalization of the crypto market increases by 5,000%.

“Bitcoin started the crypto revolution, forever changing the way the world handles money, transacts, conducts business, and manages assets. It all started with Bitcoin.

While I don’t want to rain on anyone’s parade, I believe that Bitcoin’s influence and dominance in the cryptocurrency sector will drastically decline in its second decade.

“This is because as the mass adoption of cryptocurrencies increases, more and more digital assets are being introduced – by organizations in both the private and public sectors. This will increase the competition for Bitcoin and decrease its market share. Additionally, Bitcoin is likely to be hit by the superior technology, features and problem solving of existing and yet to be released cryptocurrencies. “

Ripple and XRP

The Commercial Bank of Ceylon (ComBank), based in Sri Lanka, has joined RippleNet.

“Joining RippleNet ensures that transfers are received immediately with an end-to-end tracking and tracing solution, that the process is transparent and tamper-proof, and that transfers with lower denominations are feasible due to the lower applicable rates.

Ripple’s technology makes it easy for customers to have a simplified experience by providing a straightforward referral process that eliminates several steps in the regular process. Blockchain also offers the ability to move money in real time, which leads to improved productivity. “

Meanwhile, a member of the Ripple community has released a new blockchain explorer for XRP called XRPScan. It is designed to mimic the look and feel of traditional platforms like Etherscan.

Tron

The integration of Tron with BitTorrent is progressing.

According to a new tweet from BitTorrent, its developers have successfully launched a smart contract to integrate the Tron network with the decentralized file-sharing platform.

Under the guidance of #TRON engineers, our engineers were able to explore the world of the #Blockchain. You have successfully implemented a smart contract and the Dapp ran smoothly during the test phase. Teamwork makes the dream come true! pic.twitter.com/tsjAHeZjpx

– BitTorrent Inc. (@BitTorrent) October 24, 2018

ether

The Ethereum Foundation just released a new blog post about how it decides to distribute millions of dollars to developers who are building on the network. The team says a project’s potential impact is a priority, affecting four key points.

  • How important would that be for the ecosystem?
  • How urgent is the problem?
  • How many other people are working on this problem?
  • What is the value of giving a grant compared to doing nothing?

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JOTA

IOTA has just released a new bug bounty program for its Trinity wallet.

“We’re excited to get the wider community of security researchers involved in exploring IOTA for fun and profit (if you find a bug we’ll pay you a bounty!). We encourage you to participate in the program to ensure that the Trinity wallet is as secure as possible. “

VeChain

The latest video in VeChain’s new web series introduces the company’s third-party partners, introduces the VeChain hardware roadmap, and addresses transaction volume concerns in the community.


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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trades are made at your own risk and that you are responsible for any losses. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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