Bitcoin’s December rally caused some hype both in the cryptocommunity and in mainstream media, even though the latter has earlier repeatedly predicted its imminent death. The explanation is obvious: price increase upwards of 100 percent over 12 months is something any investor dreams of.
Editor’s note: It looks like The DAO is no longer with us. However, the future development of decentralized communities may again lead to a creation of new blockchain-based DAOs. In the article below the author shows the existing mechanisms for decentralized management in yet another popular blockchain-project called Dash.
Litecoin Association has published a roadmap for Litecoin’s further evolution, which includes, among other things, new client software, enhanced protocol, and consolidation of various management and communication structures. Historically, Litecoin has been the second most popular cryptocurrency after Bitcoin, and for a long while was the second most capitalized cryptocurrency.
Blockchain platform Waves has finalized its pre-sale of tokens, having raised 29,445 BTC over the course of the crowdsale. At current exchange rate, this amount equals to $15,754,793.
Dash transactions use two e-wallets with digital signatures ensuring security. Similar to Bitcoin’s, Dash’s transactions are public, and their history may be traced down to the first minted coins. Storing Dash is good if you’re a trader waiting for the price to go up. However, money is about spending. Let’s.
Two China-based manufacturers, DualMiner and Pinidea, announced they had developed first ASIC chips for mining of Dash. The ASICs generate enormous hash rate, so the network becomes less attack-prone. Dash’s founder Evan Duffield said that there’s no better technology to keep Dash’s network working. He noted that the only problem.
Ethereum’s native token, Ether (ETH) has once been nearly worthless. However, this year it has demonstrated immense growth. For instance, ETH managed to overtake the second position in market cap rankings, having ejected Ripple and Litecoin. These results could hardly seem surprising to those who witnessed the project’s recent activity..
Blockchain platform Waves launches its ICO (Initial Coin Offering) at 12 a.m. GMT today. The project’s team intends to create a decentralized version of Kickstarter to successfully compete with existing crowdfunding projects. The team stresses that Waves is not yet another cryptocurrency, but a blockchain system with strictly defined functionality.