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Crypto Markets Keep Experiencing Mainly Green After Last Week’s Market Corrections

Crypto markets keep experiencing mainly green after last week’s market corrections

Crypto Markets Keep Experiencing Mainly Green After Last Week’s Market Corrections

Thursday, May 3: after a week of some small dips and small growth, the crypto market is firmly back in the green, with Bitcoin (BTC) and Ethereum (ETH) back over the psychological price points of $9,000 and $700 respectively today, May 3.

Coin360

BTC is currently trading around $9,336, up around 1.5 percent over a 24 hour period by press time.

Btc value & volume

ETH is up around 9 percent over a 24 hour period by press time, trading around $742. ETH’s jump back over $700 comes despite the news that the US regulators will debate next week over whether or not Ether should be classified as a security – one Ethereum co-founder says no, but US regulators could say yes.

Eth value & volume

Of the top ten coins listed on CoinMarketCap, EOS is down the most, about three percent over a 24 hour period, trading at around $18.19 by press time. Despite today’s dip, EOS is up more than 200 percent since the beginning of April, having peaked on April 29 at around $22.

Eos charts

IOTA is up the most – despite this week and last week’s FUD-y headlines, up 12 percent over a 24 hour period to press time and trading for around $2.35.

Total market cap is well above $400 bln, around $444 bln by press time.

Total market capitalization

Published at Thu, 03 May 2018 12:09:06 +0000

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Ether Review #69?'??'"?'?IOTA & the Post-Blockchain Era

David S?ƒnsteb?ƒ, co-founder of IOTA, discusses this next-generation post-blockchain platform designed to serve as the backbone for the Internet-of-Things (IoT).

IOTA is a groundbreaking new open-source distributed ledger that does not use a blockchain. Its innovative new quantum-proof protocol, known as the Tangle, gives rise to unique new features like zero fees, infinite scalability, fast transactions, secure data transfer and many others.

Because the Tangle uses a Directed Acyclic Graph (DAG) instead of a blockchain, users automatically act as validators, allowing transaction validation to become an intrinsic property of utilising the network. Each transaction requires the sender to verify two previous transactions, resulting in infinite scalability while avoiding the validation centralization that is common with existing consensus mechanisms.

IOTA is also developing a novel standard for embedding minuscule ASIC chips in all IoT devices. These chips perform nominal proof-of-work hashes in order to prevent spam and Sybil attacks, and because the network is partition-tolerant and only eventually consistent, brute force hashing attacks are prevented.

With a transaction volume limited only by the speed of light, IOTA is a promising new solution to the limitations presented by blockchains.

iota.orgtwitter.com/iotatokentwitter.com/davidsonsteboconsensys.netconsensysmedia.nethttps://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2

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