Last Week in Crypto — 25 Nov 2018
News on Litecoin, Ethereum, Bitcoin miners and more
Hope you all had a Happy Thanksgiving!!! Insane Discounts were up for grabs on Crypto Sunday.
We also made a new addition to the team. Amrit Mirchandani joined us and is one of the best writers we’ve ever worked with. We’re extremely happy to have him onboard.
Litecoin Founder shared his story on he managed to protect Litecoin from hackers. Fred Wilson also shared his thoughts on Ethereum. Bitcoin miners had a tough week with the sudden market crash and many are shutting down. Dogecoin which was meant as a joke is also much more than just Speculation.
Welcome to another edition of…
🚀 Blockmanity Weekly News 🚀
Litecoin Creator Explains how he Prevented Litecoin from 51% Attacks in the Early Days — by Shrikar
Charlie Lee, creator of Litecoin took on Twitter to explain why he implemented “Checkpoints” in the early days of Litecoin and how it leads to centralization.
In the early days of a proof of work chain, it is fairly easy and cheap to 51% attack the network because they usually have a lesser hash rate. It would have been easier to attack the Litecoin network back in 2011 when it was launched but LTC has managed survived without any major attacks so far…
Ethereum feels like the easiest one to make a bull case, for now, says Top VC — by Amrit
2018 has not been so gracious for Ethereum, whether it be the Initial Coin Offerings trustability or DaPPs facing scalability issues. No wonder the price of Ethereum, has not been as impactful as the year 2017 when people started jumping into every ICO being offered and wondering how helpful, smart contracts are. However, this does leave Ethereum with room for improvement which makes it one of the most Bullish Cryptocurrencies in terms of the long term.
Fred Wilson, a Venture Capitalist who is not afraid of sharing his opinions, posted a recent short blog on why Ethereum’s scope of becoming something major is high…
More than 10,000 Bitcoin miners shut down mining due to markets crash — by Amrit
The Cryptocurrency markets are facing a brutal beating in the last few days, and it’s not only traders being affected. One group which is drastically affected are Bitcoin miners who are not able to match up to profitability with the current price levels of Bitcoin.
A Chinese Cryptocurrency publication, cnLedger tweeted some disturbing content for Cryptocurrency enthusiasts. One such Tweet was a video of Bitcoin miners throwing away equipment showing the losses being faced especially by Chinese Cryptocurrency miners…
Dogecoin Transactions Dominated by Real World Usage Instead of Just Speculation — by Shrikar
A Cryptocurrency once created as a joke by Jackson Palmer inspired by the Shiba meme is now one of the most used Cryptocurrencies with a market cap of over $270 Million.
Doesn’t seem like a joke now does it?
The term 1 DOGE= 1 DOGE is very popular in the Dogecoin community and is used often. They are not kidding when they are using this term because most of the activity on the Dogecoin network is around real usage and not just speculation…
Craig Wright Pulls the ‘Security’ Trigger at XRP — by Amrit
There are people in the world who love drama, and one of them in the Cryptocurrency space is none other than Craig Wright who portrays himself to be real ‘Satoshi Nakamoto.’ A few days ago his mission on ensuring Bitcoin Cash SV gained prominence was destroyed when Roger Ver and team succeeded in Bitcoin Cash ABC gaining more Blocks and being the overall winner.
While the hard fork of Bitcoin went through a bad phase in the Cryptocurrency markets, one Cryptocurrency has battled it out and taken over second position — XRP. XRP has since beaten Ethereum to claim the second-ranked Cryptocurrency in terms of market capitalization…
Tweet of the Week
Meme of the Week
👏 We’ll be publishing on Sundays now. Let us know what you think about our weekly newsletter👏
Follow Blockmanity on Twitter
Join our 10,000+ Crypto Community
Visit Blockmanity.com
