When it comes to governance, Decred’s (DCR) open decision-making stands out. The digital currency offers a fully decentralized system in which the entire community can criticize and debate important proposals, without risking a community split.
Most recently, that governance system has focused on optimizing liquidity on DCR exchanges. The community is using Decred’s off-chain governance tools to choose the best market maker for trading in the hybrid PoS/PoW cryptocurrency.
The biggest threat to cryptocurrency holders is bad code, as the latest exchange hack has shown. Beaxy, a recently launched exchange based in Nevis and St Kitts, will roll back a number of trades after falling victim to a little-known exploit in the XRP Ledger.
The exploit was discovered after a coordinated sell-off pushed XRP prices to forty percent below the wider market.
The orchestrated XRP dump is especially remarkable, in that it was conducted on a fully KYC compliant exchange and brings attention to some of the tradeoffs in exchange compliance.
Privacy coins provide a discreet alternative to Bitcoin and other popular cryptocurrencies. By hiding the details of your transactions, they ensure that nobody can see how much crypto you’ve transacted – or, at least, that nobody can see where you’ve sent your crypto.
The end result is that, when all goes according to plan, your crypto transactions can’t be tracked or analyzed.
Power Ledger has successfully trialed a blockchain-based peer-to-peer energy trading platform, in partnership with Japanese utility company KEPCO.
The five-month trial was conducted in Osaka, one of the largest cities in Japan. Power Ledger managed the energy trading needs of the local grid, balancing between local producers of solar power and the consumers.
It’s a big year for ICON. The Korean “blockchain of blockchains” is about to launch the first stage of its ICONSENSUS program, where its participants will vote on-chain in the election of full nodes, called P-Reps. Pre-voting will commence on August 26.
Ethfinex has left the Bitfinex nest. Now known as DeversiFI, the team wants to provide users with full control over their funds and greater security, while still having the deep orderbook found in most centralized exchanges. They are also looking at giving the community greater control through a decentralized autonomous organization.
Lambda has a neutral short-term bias, with the cryptocurrency testing back towards its 200-period moving average on the four-hour time frame.
EOS has a bearish short-term trading outlook, with the cryptocurrency once again under heavy technical selling pressure.
Komodo is starting to gain bullish momentum after the project
NULS, an enterprise-focused blockchain platform, has announced the successful test of its innovative staking service, dubbed Staked Coin Output (SCO). The system leverages NULS’ existing staking infrastructure to provide an inexpensive, low-commitment alternative to ICO’s or STO’s, allowing nascent projects to obtain funding without actually receiving direct monetary contributions.
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