Which NEW crypto asset are you most interested in?

[JamesIG]

The briefest of brief overviews of the crypto assets above. 

Dash - An open source peer-to-peer cryptocurrency with a focus on instant transactions, and private, self governed organizational structure. This was actually a fork of the original bitcoin software.

EOS - previously a cryptocurrency token issued on the Ethereum network, EOS now has it's own mainnet and claims to operate as a smart contract platform "for the deployment of decentralized applications and a decentralized autonomous corporation."

ETC - known as Ethereum Classic, the ETC cryptocoin split from the more popular ethereum network after the DAO incident. 

IOTA - rather than a blockchain this coin promotes a web or 'tangle' of connections, and is aimed for use in the 'internet of things'. 

Monero - created in 2014 this coin focuses on decentralization and privacy. In the same way as bitcoin and other cryptos this coin uses a public ledger to record transactions and new units are created via mining. 

NEO - Aka the Chinese version of Ethereum and formerly referred to as 'ant shares'.

Stellar - Founded by Jed McCaleb (founder of Mt Gox and co-founder of Ripple) in 2014, Stellar aims to work as a payments network with a focus on non-profits and the developing world.  

[247trader]

cryptos having a pretty good day today as well.

[Caseynotes]

Up following reports Blackrock have formed a crypto team to look into ways to take advantage of the market.

https://www.zerohedge.com/news/2018-07-16/bitcoin-bounces-back-above-6500-after-blackrock-creates-crypto-team

[Guest trend trader]

Very keen on this one. Think it's cheesy but the 'built by traders for traders' thing should be followed more and its good to get the vote of the people who are trading on ig

[trade247]

really surprised that Stellar is more than EOS because of it's market cap. What am I missing and why can someone above let me know or give an opinion.

cheers

phil

[247trader]

Stellar a clear winner in Question 1, but EOS by a nose in Question 2. What does that tell us!

[JamesIG]

@247trader - you may be interested in this article which went live today. 

https://www.ig.com/uk/view-ig/ibm--cryptocurrencies-and-a-usd-pegged--stablecoin-180718

 

[trade247]

I always wonder on this 'partnership' articles how much importance they actually have when it comes to the names. Obviously the ethereum foundation really benefited from those names in the EEA which caused a significant spike, but now I feel the media just jump on it without going into the details.

1. what does IBM actually plan to do?
2. what is their investment? either monetary or dedicated resources?
3. any roadmap on this one?

would be interested to hear peoples ideas.

Phil

[Guest PandaFace]

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[JamesIG]

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Cheers
James