Ripple is currently the number three cryptocurrency based upon market capitalization as of August 29, 2018. Ripple has a market capitalization of $13.6 billion. Chris Larsen is co-founder and former CEO of the cryptocurrency company Ripple. In Feb, 2018, Chris held 17% share in Ripple company. (15.56 billion XRP) At today’s exchange rate of $0.34 …
The common argument in the Blockchain world is Proof-of-Work versus Proof of stake. Proof-of-Work is proven while Proof-of-Stake is more energy efficient and more scalable. There is now another solution: TAU Coin and its Proof of Transaction (PoT) technology. TAU is creating the first fair participation economy, where all users are involved in securing the …
Singularity University has a new program to help startups take advantage of 10X tools to transform into disruptive global companies. Entrepreneurs will be shown the power of converging exponential technologies to solve big challenges and make broad “billion-scale” impact. Singularity University will help train and inspire entrepreneurs to create unique moonshot ideas. Entrepreneurs will then …
Bitcoin Tracker One is an Exchange Traded Note quoted in US dollars. It is similar to buying an American depositary receipt. It is not an Exchange Traded Fund (ETF) but an Exchange Traded Note (ETN). Traders will see a foreign-listed asset in U.S. dollars. Bitcoin Track One trades are executed in dollars, but all settlement, …
There is a $15 million grant from the National Science Foundation to build a 100 qubit trapped ion quantum computer. The Software-Tailored Architecture for Quantum (STAQ) co-design project aims to build a quantum computer capable of solving challenging calculations within five years. Fred Chong, the Seymour Goodman Professor of Computer Science at the University of …
From November 2017 to March 2018 there was the announcement of IBM 50 qubit prototype, Intel’s 49 qubit test chip and Google 72 qubit processor. These processors had 10% to as low as 1% error rates. In 2017, D-Wave systems had commercial availability of its 2000 qubit quantum annealing system. Each of these companies will …
Tosblock or T.OS is a cryptocurrency which has several innovations which make it realistic and practical for use in commercial transactions. The key innovations are * TOSC coin is used for trading on exchanges, and another stable coin (TOSP) for payments to merchants. * TOSP is pegged to the currency the users reside in. * …
Bitmain, the dominant cryptocurrency mining leader, is filing for an initial public offering (IPO) potentially for as much as $18 billion this September at a market capitalization of $40 to $50 billion. It will be listed on the Hong Kong Stock Exchange in late in 2018 or early in 2019. Bitmain closed a $1 billion …
Overstock’s blockchain investments now provide 60% of the firm’s total value and the blockchain investments will drive the price to $112, an almost 150% increase from their current level according to Tom Forte, an analyst with D.A. Davidson. Overstock has a cryptocurrency unit called tZERO as well as a subsidiary named Medici Ventures that invests …
Steve Wozniak will be the headline keynote speaker of the Crypto Invest Summit (CIS) in Los Angeles. CIS is leading an effort to open up mainstream access to crypto and blockchain, which until now has been for insiders and techies. Steve Wozniak co-founded Apple’s with Steve Jobs. He has been an early blockchain and cryptocurrency …
The creator of Ethereum, Vitalik Buterin, talked about his vision for enabling global open platforms and positively impacting human economic coordination. This will be via * censorship resistance * trust minimization * decentralization * Fraud Resistance * Robustness Vitalik discussed those goals and benefits in more detail after talking about Ethereum being vastly less efficient …