Litecoin is a cryptocurrency emphasizing rapid transactions and low fees, released in 2011 by Charlie Lee as an early fork of Bitcoin. Lee modified three key parameters of the original Bitcoin design: reducing the target block confirmation time to 2.5 minutes, increasing the total supply to 84 million LTC, and implementing the memory-hard PoW algorithm Scrypt. This consensus algorithm is ASIC-resistant, reducing the risk of centralized mining infrastructure. In other respects, the Litecoin network is similar to Bitcoin. Litecoin is designed to be used as a rapidly processed medium of exchange for everyday transactions, and was one of the first major cryptocurrencies to implement Segregated Witness in mid-2017.
While the appearance of Venezuela’s Petro attracted considerable attention to the issue of state-backed cryptocurrencies, little discussion has explored the forms these are likely to take, the impacts they are likely to have, and the broad, long-term impacts likely to result. This article begins to explore some of the core aspects of this issue.
Stellar is an open-source distributed ledger for facilitating peer-to-peer payments across geographies, countries, and asset classes.
Record amounts raised through token sales in early 2018 suggest a simple trend of uninterrupted growth and expansion for the industry. This article explores how, despite more than $6.5 billion being raised during Q1 2018 several more subtle observations suggest a number of new trends could be emerging, and their progression will likely be critical in shaping how 2018 unfolds for the sector.
The final installment of the 2017 Year End Review considers the geography of token sales, both the number of completed sales and amounts raised on a national basis, as well as more obscure yet equally revealing metrics looking at regional patterns including a consideration of what regions are serving as global token sale hubs.
Upcoming Token Sales
|eHarvestHub (EHH)||A supply chain network for the agriculture and farming industries.|
|SwissRealCoin (SRC)||A token backed by Swiss real estate.|
|Cardstack (CARD)||A decentralized software ecosystem for dApp UI/UX refinement.|
|The Acorn Collective (OAK)||A blockchain-based crowdfunding platform.|
|BitCoinage (XBCN)||A cryptocurrecy arbitrage exchange and educational portal.|
|SelfPay (SxP)||A payment processing application enabling crypto-fiat transactions for merchants.|
|XCHNG (XCHNG)||A P2P online advertising platform.|