You might have spotted ADA on Bittrex. This is a 3rd generation cryptocurrency that could be the ‘Japanese Ethereum’. I first found out about it when someone from Cardano wanted to translate one of my Bittrex videos in Japanese, just before it was added to the exchange.
On the 30th of September 2017, the DasCoin internal exchange was launched in Tokyo. DasCoin was also traded for the first time, giving it an initial trading price of 0.3 Euros.
Netleaders are making things happen. The launch of the blockchain in March 2017 was the first major development. Now the internal exchange has also been launched. It’s taking time, but all good things do.
It’s amazing to know that already devices are being developed to take advantage of decentralized ledgers.
The world’s first blockchain phone is now being developed by the company – Sirin Labs. Well, technically, it isn’t actually a ‘blockchain smartphone as it will use IOTA’s Tangle technology.
Initial coin offering (ICO) is an unregulated way of crowdfunding using of cryptocurrency, which can be a source of capital for startup companies.
A percentage of the newly issued cryptocurrency may be sold to investors in exchange for legal tender or other cryptocurrencies such as bitcoin.
Ethereum allows decentralized applications to be built using its platform, rather than an app having to have its own blockchain.
The platform is being used to develop a range of Dapps across a number of industries. Many of these decentralized applications are potentially disruptive to these industries.
I have no doubt that bitcoin has a bright future. It’s not going anywhere and no one can stop it from disrupting the financial system. It’s already begun.
The price of 1 bitcoin almost reached $5000 and then dropped heavily in last few days. But don’t let the FUD get to you.
As people buy up bitcoin for cheap in comparison to the recent highs, bitcoin should bounce back up. However, the current circumstances in China where exchanges are shutting down, will have an impact on bitcoin through the month.
Once you have some bitcoin, you can start to trade it for other cryptocurrencies. All you have to do is transfer bitcoin to the exchange and then start buying low and selling high.
The most secure way to store your bitcoins is by using a hardware wallet. It’s so important to keep your cryptocurrency safe because there are so many hacks and scams going on right now.