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Ether Co-Founder Talks on Ethereum 2.0 - “it just brings greater capacity to the platform”

Following on from an article we did earlier today titled, “Ethereum Co-Founder Talks on Libra - “Variations Should Exist””, where we dissected an interview with Joseph Lubin, co-founder of Ethereum and founder of ConsenSys, on the Fintech Beat podcast. That article was in regards to Libra but now, we’re going to look at the otherwise of the article where Lubin discussed Ethereum 2.0… Greater Things Sharing details around the ecosystem for Ethereum 2.0, Lubin explained how it may place itself within the current financial system. He started by noting: “Ethereum 2.0 just brings greater capacity to the Ethereum platform. Ethereum...

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Ethereum Co-Founder Talks on Libra - “Variations Should Exist”

Joe Lubin, the co-founder of Ethereum recently featured on a Fintech Beat’s podcast where he talked about all the juicy details surrounding the release of Ethereum 2.0.  In the podcast, the Canadian-American entrepreneur started by noting the change from proof of work to proof of stake for confirmations of transactions. This aims to remove the use of specialised hardware in the future. In regards to the usability factor of the upgrade, Lubin said that “Ethereum is a platform for decentralised applications, somewhat in contrast to what Bitcoin is, which is a platform for cryptocurrency transactions.” Libra Furthermore, Lubin also spoke...

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Sally Ho's Technical Analysis 31 October 2019

Bitcoin Bitcoin (BTC/USD) pared minor gains early in today’s Asian session as the pair fell back to the 9145.00 area after trading as high as the 9236.76 area late in yesterday’s North American session.  Bids emerged around the 8991.33 area during yesterday’s European session, just below the 76.4% retracement of the 7508.77 – 13868.44 range.  Short-term market sentiment began to erode late in yesterday’s Asian session when the pair peaked around the 9515.03 area, unable to move above the 9532.39 area that represents the 38.2% retracement of the 19891.99 – 3128.89 area.  Chartists are closely watching the 8918.47 area as...

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Ethereum (ETH) Downtrend Inevitable But Further Manipulation Likely

Ethereum (ETH) in on the verge of a major downtrend. The 4H chart for ETH/USD shows what kind of a downtrend could follow soon after as the price declines from current levels. However, traders need to be careful short term because we could see further manipulation. Some people don’t like us calling this “manipulation” and that’s understandable because most of the time when the market goes against amateur traders they call it manipulation. However, I would like to mention here that I have been bullish on the market just before that big pump to the upside and I still call...

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Nonce Distribution Patterns Being Shown by Monero and Ethereum

According to a recent analysis, some interesting patterns are showing on the nonce distribution of both Monero and Ethereum.  The latest report from CoinMetrics states that on applying the nonce analysis to Monero when the network’s difficulty and the upcoming hard forks were overlaid, it was made clear that all three PoW updates led to a decline in difficulty. On top of this, two of the upgrades prevented the pre-existing nonce patterns but another significant factor is the introduction of the same nonce patterns that were also associated with a notable rise in the difficulty of the network. The study...

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