Tag: technology

Google Pixel AR Playmoji Ad Grabs Headlines During 2019 Grammy Awards

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Google has successfully captured a lot of headlines during the 2019 Grammy awards. The advertisement aired by the technology giant got people talking on social media. A new Playmoji – formerly known AR Stickers – pack has been showcased during the ceremony. This feature is also exclusive to Google’s Pixel line of smartphones, which can bring a lot more attention to this range of devices.
Google Snatches its own Grammy Award Popular events such as the Grammy Awards always attract a lot of viewers. Everyone wants to see who gets nominated and takes home a prize. These events are also great times for companies looking to advertise specific products and services when so many people are watching. Google, the technology giant, seemingly took advantage of this opportunity with its latest Pixel smartphone advertisement.
During the advertisement, the company displayed a new Playmoji pack featuring Childish Gambino. While that might not necessarily sound too appealing, the Playmoji pack is designed to show off the Pixel 3’s augmented reality capabilities. In the ad, viewers saw an AR representation of Childish Gambino stand side-by-side with the real person. As both “individuals” contested in a dance-off, it quickly became apparent this technology has come a very long way in recent years.
The advertisement also drove home a very important point. Google is intent on letting the world – and its own competitors – know this type of functionality is theirs and theirs only. In fact, the Childish Gambino Playmoji pack is available only on the Pixel 3. A very impressive manner of putting the device front and center. Moreover, it is also one of the better advertisements Google has put together in recent years.
While augmented reality is still in its infancy, there appears to be consumer-oriented market for this technology. With Donald Glover and the Playmoji seemingly having some good back-and-forth banter, one would almost forget one of the two isn’t even real. Moreover, Google effectively put the spotlight on the technology and its capabilities, rather than its own brand or even the Pixel 3. By ensuring the viewer remains intrigued and engaged, they seemingly got the maximum out of their ad during the 2019 Grammy Awards.
For those who own any of the Google Pixel smartphone models, downloading the Playmoji pack is now available. In doing so, they can put the AR representation of Childish Gambino into any video or picture they take using that device. It will undoubtedly lead to some hilarious images and videos on social media, all of which will further boost the appeal of AR technology. It is not the first time Google announces exclusive AR stickers packs like these either.
In recent years, the company worked together with Avengers, Star Wars: The Last Jedi, and Stranger Things representatives to create Playmoji packs. It is the first time they advertised this technology during an event which has so much social “clout” associated with it. Apple, which remains one of Google’s biggest competitors in the mobile space, aired its own advertisement prior to and after the ceremony.

Image(s): Shutterstock.com
The post Google Pixel AR Playmoji Ad Grabs Headlines During 2019 Grammy Awards appeared first on NullTX.

BCH Avalanche Transactions Show Finality Speeds 10x Faster Than Ethereum

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Over the last few weeks, Bitcoin Cash (BCH) developers and community members have been discussing a pre-consensus method called Avalanche. Now BCH proponents have begun to notice the protocol has been applied to the Bchd full node implementation and the proof of concept officially running on the BCH mainnet.
Also read: Mt. Gox Creditors Neither Need nor Deserve This Kind of ‘Hero’
The Benefits of Avalanche and PoW Running in Parallel The Avalanche proof-of-concept is a consensus algorithm that adds Byzantine fault tolerant proofs to a blockchain network so nodes can differentiate between two conflicting transactions. The protocol communicates with nodes in real time in order to bring consensus in a more efficient manner. This is because Avalanche queries the network of nodes and asks them to come to pre-consensus on which of the two conflicting transactions are preferred.

People are often confused with Avalanche being applied to BCH because it’s also being used in a proof-of-stake (PoS) project designed by Cornell Professor Emin Gün Sirer. On the BCH chain, Avalanche is only being used for pre-consensus and runs parallel with the original proof-of-work consensus mechanism. A number of BCH developers and proponents believe Avalanche will make the BCH network far more robust.
Avalanche discussions have increased over the last week since the protocol is now running on the main network. “Ok, the Avalanche proof of concept is officially running on mainnet,” explained Bchd developer Chris Pacia on Feb. 7. The programmer also left a link to the protocol’s Github repository which gives developers a gist of the Avalanche pre-consensus specification implemented in the Bchd branch.
The Bchd version of Avalanche Github repository states:
[The following specification] is not intended to be a final spec and is likely not compatible with the implementation being developed by Bitcoin ABC — The primary purpose is to give other developers something tangible to look at, think about, and discuss.
Irreversible Transactions in Seconds In addition to the experimentation on the main BCH chain, Bchd developers have published an Avalanche transaction explorer as well. The speed at which BCH transactions are processed shows the transaction’s finality is typically 2-3 seconds or less. Essentially this means the transaction (tx) listed on the Avalanche explorer has reached a point at which it can no longer be reversed by a double spend, even though the tx is unconfirmed by miners.
“If used this way, it would give Bitcoin Cash the equivalent of nearly instantaneous confirmations while improving mempool synchronization and reducing the financial incentive to 51% attack,” the Avalanche blockchain explorer details. “As you can see, at present most transactions become irreversible after just a couple seconds — To take this from proof-of-concept to an actual consensus rule will require lots of testing, experimentation, data collection, code review, and soft fork activation rules.”

10x Faster Than ETH and Reorganization Protection Over the last few days, BCH supporters have also discussed how the transaction finality speeds have been 6-10x faster than the Ethereum network. “Transaction finalized in 1.559723305 seconds — That’s 10x faster than ETH — A serious game changer,” explained BCH developer and Bitbox founder Gabriel Cardona on Twitter. Bitcoin ABC developers have also been discussing Avalanche and the protocol is on the roadmap according to the BCH development statistics page on Coin Dance.
In the past, Bitcoin ABC developer Amaury Sechet has said the protocol can make synchronization far more efficient. The ABC developer discussed the benefits of Avalanche at the Satoshi’s Vision Conference in Italy last October. There are more advantages explained in a post written by the ABC developer Mengerian, who says not only is transaction finality fast, but the Avalanche protocol “provides a good mechanism for post-consensus defense against blockchain reorganization attacks.” It seems that the proof-of-concept Avalanche is making headway within the BCH ecosystem and the results have been positive so far.
What do you think about the Avalanche pre-consensus model? Let us know what you think about this subject in the comments section below.
Image credits: Shutterstock, Avalanche Transaction Explorer, Bchd website, and Github.
Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH, and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.
The post BCH Avalanche Transactions Show Finality Speeds 10x Faster Than Ethereum appeared first on Bitcoin News.

Research: Mere 10% Of Ethereum (ETH) DApps Are Active Daily

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Where’s Ethereum DApp Usage? Decentralized applications (DApps) were long hailed as one of the leading use cases for blockchain technologies. Through smart contracts, whether it be on Ethereum, EOS, Tron, or otherwise, the worlds’ current processes could be put on a blockchain, thus creating a society built on decentralization.
But as it stands, adoption of such applications has been slim to none. This is far from hearsay, but cold, hard numbers. According to research done by LongHash, a leading crypto information resource, on February 1st, a mere 180 out of 1812 Ethereum DApps had associated ERC-20 transactions. Doing some quick napkin math, this equates to about 10%.

Actual activity statistics only accentuated that DApps aren’t poised to take over the world just yet. Far from. Per the same data set, 13% of the utilized applications had more than 100,000 transactions in the past 24 hours, while 19% had somewhere between 10,000 and 100,000 transactions. Although this isn’t shabby, especially considering the relatively low transactional throughout that Ethereum currently touts, there’s evidently a ways to go.
Although LongHash’s research pertained to data from February 1st alone, the seeming lack of activity on Ethereum applications was cemented by Kevin Rooke, a Canadian crypto researcher & industry commentator.
There are now 1375 live ETH dApps.
86% of them had 0 users today.
93% of them had 0 tx volume today.
Across all platforms there are now 1828 live dApps.
77% of them had 0 users today.
85% of them had 0 tx volume today. pic.twitter.com/jUHZYuhPTz
— Kevin Rooke (@kerooke) February 10, 2019
Rooke recently took to Twitter to claim that according to DApp Radar, 86% of live applications on the aforementioned blockchain had zero users on Saturday. Moreover, a mere 7% of DApps running on Ethereum had more than zero ETH in transaction volumes over the past 24 hours.
Bitcoin Economist Questions DApp Value Proposition The quantified lack of adoption quickly catalyzed a response from Saifedean Ammous, the world-renowned author of “The Bitcoin Standard,” an essential industry primer. Ammous, an advocate for Austrian Economics, questioned the value of decentralizing applications, noting that from a brief glance, he can tell that centralizing most, if not all of Ethereum’s on-chain apps would likely be logical.
Rooke somewhat begged to differ, remarking that gambling applications should prove themselves to be of some use, as it is “much more difficult for [the government] to regulate/shut them down.” He added:
Easy for gov’t to come after people running centralized gambling operations. Also open-source code means gamblers can be certain of the odds they’re getting.
Still, Ammous was adamant that even for gambling applications, such as Ethereum Dice and TronBET, it wouldn’t be illogical to use centralized hashing systems for RNG. Case in point, there are handfuls of centralized ‘provably fair’ systems that many gaming websites leverage.
Ammous remarked that governments have a hard time shutting down websites as is, especially due to the ease-of-access that domain providers offer to their clients. He added that “anonymous websites taking Bitcoin don’t have bank accounts,” hinting at his belief that centralized gambling websites that take BTC are just as viable as on-chain Ethereum DApps that accept ETH.
Title Image Courtesy of Descryptive.com via Unsplash The post Research: Mere 10% Of Ethereum (ETH) DApps Are Active Daily appeared first on Ethereum World News.

Bakkt Is ICE’s Bitcoin (BTC) ‘Moonshot’ Bet, And That’s Ok

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Bakkt Is ICE’s Bitcoin Moonshot Bet Since Bakkt was announced late last summer, the Bitcoin-centric project has faded to the back of the minds of most Main Street investors. Yet, in a recent Q4 earnings call, Jeff Sprecher, the chief executive of the Intercontinental Exchange, remarked on the crypto upstart, bringing the topic back into relevance in some semblance.
According to a transcript of the call that was obtained by Seeking Alpha, firms executives made a minimum of 13 mentions of Bakkt in the shareholder-centric conference/presentation. What was most notable were the comments from Sprecher, who spent multiple minutes discussing the venture.
The ICE chief noted that compared to his company’s ‘normal’ Wall Street operations, Bakkt is “unique,” especially due to its independence and raison d’etre. Yet, he explained that the Intercontinental Exchange has been able to apply its infrastructure — “settlement capabilities, warehouse and custody management capabilities, large treasury operations, and banking connectivity” — to its cryptocurrency venture. This so-called ‘star power’ has “attracted a lot of very, very interesting companies,” according to Sprecher, who explained that if partnerships, such as ones with Microsoft and Starbucks, pan out Bakkt could end up being a “very, very valuable company.”
With all this in mind, the finance heavyweight concluded that when you boil Bakkt down, it could be classified as his firm’s very own “moonshot bet [on crypto].”
While some cynics would remark that the moonshot quip (a moonshot is defined as an “an ambitious, exploratory […] project undertaken without any expectation of near-term profitability or benefit”) only accentuates how Bakkt’s semi-parent organization isn’t all too confident that cryptocurrencies will find a foothold in global finance or systems, this may be far from the case.
Case in point, Jeff Sprecher and Kelly Loeffler took to public forums to tout their enamorment with digital assets and blockchain technologies on multiple occasions. Per previous reports from Ethereum World News, speaking at November’s Consensus Invest event in New York, Sprecher claimed that he believes that cryptocurrencies will survive this recent downturn.
He even claimed that he is unequivocally sure that cryptocurrencies, like Bitcoin, will survive over the long haul, even noting that the market decline hasn’t had an effect on his sentiment.
Revving Its Engines Sprecher’s Bakkt-related comments come after the upstart has seemingly begun to prepare for its seemingly impending launch. As reported by this outlet just yesterday, Bakkt has finalized its acquisition of some of the assets of the Chicago-headquartered Rosenthal Collins Group (RCG).
In an interview with Fortune, Bakkt CEO Loeffler explained that her organization saw an opportunity to “purchase a portion of the back office operations,” especially certain facets of the compliance, risk management, treasury service departments. While RCG has primarily focused its operations on the world of traditional finance, Loeffler made it clear that this decision will aid Bakkt’s cardinal mission of allowing “consumers and institutions to buy, sell, store and spend digital assets on a seamless global network.”
This comes after the company divulged it had seen 12 partners and investors, including Boston Consulting Group, Mike Novogratz‘s Galaxy Digital, ICE, Microsoft’s venture arm, and San Francisco-based Pantera Capital, siphon over $182.5 million into Bakkt’s now-beefy wallet.
Title Image Courtesy of Thomas Habr on Unsplash The post Bakkt Is ICE’s Bitcoin (BTC) ‘Moonshot’ Bet, And That’s Ok appeared first on Ethereum World News.

Bitcoin [BTC]’s scaling should be on second layer and privacy on the base layer, says Mastering Bitcoin author

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Andreas M Antonopoulos, the Author of Mastering Bitcoin and a well-known Bitcoin influencer, spoke about scalability problems of Bitcoin, during a Q&A session on Youtube. Here, the author was asked about Bitcoin’s scaling, taking into consideration that the debate surrounding the topic has been going on for nearly six years. This was then connected to Moore’s law, wherein the Andreas was asked about the computational speed and memory capacity increasing by a factor of 8x since the past six years if the law has held true.
The Bitcoin proponent also elucidated on whether decentralization would be compromised if the block size limit is increased and whether the average nodes can now handle an 8 MB block as easily as it could handle 1MB block back in 2013.
The author started by speaking about Moore’s law, wherein he stated:
“Moore’s law isn’t exactly a doubling every year it was at its peak an approximate doubling every 18 months. Furthermore we are already seeing the fact that Moore’s law has slowed down because in terms of pure increase of the number of transistors on a chip and increase of clock speeds”
He went on to say that the real problem is not storage and CPU capacity for validating blocks in decentralized open public cryptocurrencies and blockchain, but it is the network bandwidth and network latency. Andreas further added that Moore’s Law has not operated on network bandwidth as much as it has on CPUs and hard drive storage.
He stated that one of the big problems with network bandwidth is the ‘last mile’ problem.
“Yes, you can stuff a hundred times more into an optical fiber than you could ten years ago, but the problem is that optical fiber hasn’t reached here […] if I’m in an advanced country there’s a few very densely populated first world developed nation metropolis –is that have fiber-to-the-home but that’s a fairly rare phenomenon”
The author further stated:
“Maybe you have coax through your cable modem we’re looking at speeds of about a hundred megabit and it’s kind of being stagnant in terms of development then if you go down to DSL then you’re really looking at speeds of up to 25 megabits at best most rural areas you’d be lucky if you get 10 megabits and in many cases you can’t even get half that”
Andreas went on to say that the bandwidth not only has an impact on the people running node wallets and the other activities taking place on the Bitcoin network but “most importantly” on mining. He stated that the end result on “putting pressure” on bandwidth and latency is that it would further centralize mining, adding that it is already centralized because of its “reliance on chips.”
Furthermore, the Bitcoin proponent emphasized that the scaling should be the second layer and that privacy should be on the base layer.
“My personal opinion privacy is the change that needs to be done in the base layer and it needs to be done before the window closes. scaling can be done in the second layer quite effectively and we will also need some scaling on the base layer in order to support even more scaling on the second layer but our real focus right now should be privacy not increasing the block size further.”
The post Bitcoin [BTC]’s scaling should be on second layer and privacy on the base layer, says Mastering Bitcoin author appeared first on AMBCrypto.

XRP Surges 13%, As Bitcoin, Ethereum Post (Relatively) Measly Sub-3% Gains

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Up 13%: XRP Surges To $0.327 And just like that, the XRP horses are off to the races. In the past 24 hours, per data from Live Coin Watch, XRP, a community favorite coin, is now valued at $0.3277 apiece, posting a jaw-dropping 13% rally to reach that price level. This comes as Bitcoin, Ethereum, EOS, and a number of other leading cryptocurrencies have posted relatively measly sub-3% gains, bouncing offXRP’s the monthly lows established yesterday.
It remains to be seen whether jaw-dropping rally, which seemingly came straight out of left field, will lead the struggling crypto market higher in the near future. But, optimists are hoping for the best.
So what were the potential catalysts behind this jaw-dropping, self-contained rally, which comes amid a newfound bout of bearish price action for Bitcoin and the broader cryptocurrency ecosystems?
Genesis Issuing Millions In XRP Loans According to a recent report from Business Insider, which broke down a company update from Genesis Trading, a New York-based subsidiary of crypto conglomerate Digital Currency Group, the company issued over a billion worth of XRP, Bitcoin, and Ethereum loans in 2018.
While a majority of the group’s loans pertained to BTC (75% of Genesis’ lending portfolio), the fact that demand existed for Ethereum and XRP may have led some traders to express bullishness towards the latter mentioned asset.
SWIFT, SBI Join Hands With R3, Could Integrate Ripple Tech On Wednesday, as reported by Ethereum World News previously, SBI Holdings, a financial services provider giant based in Japan, revealed that it would be joining hands with R3, a decentralized ledger technology-centric startup that was funded by millions of dollars worth of capital from Wall Street’s largest and most well-known institutions (Bank of America, HSBC, ING, Wells Fargo, and the list goes on).
SBI and R3 have now founded a new company in Tokyo, Japan, which was funded by the two fintech companies. While this isn’t apparent, the market quickly took this partnership as good news for XRP, as one of SBI’s crypto subsidiary exchanges launched support for the popular asset in recent weeks. SBI has also been an overt supporter of the second most popular cryptocurrency, seemingly utilizing Ripple’s technology to bolster its businesses and the crypto ecosystem at large.
At the same time, SWIFT, the world’s largest payment network that has tentacles reaching into the largest financial incumbents, revealed that it would be attempting to trial its GPI link with R3’s Corda platform. This was seen as a positive catalyst for the value of XRP, as R3’s Corda, “an application purpose-built to allow for payment obligations raised on the Corda blockchain platform,” has been accepting of Ripple’s go-to digital asset. This has led some to believe that SWIFT could directly implement Ripple’s technology in the near future. But, at the time of writing, this is unlikely, if not a near-impossibility.
Brad Garlinghouse Talks A Big Game At Parisian Conference All these developments came as Brad Garlinghouse, the chief executive at Ripple Labs, along with SWIFT chief Gottfried Leibbrandt, took to the stage of Paris’ Fintech Forum 2019 to remark on the dichotomy and harmony between traditional finance and the digital world. According to previous reports from us, Garlinghouse lauded the Ripple ledger, explaining that there’s “mathematically less risk in the XRP transaction than in the fiat transaction,” especially since global, cross-border, intra-bank processes often take a number of days to finalize.
He added that Ripple and SWIFT’s relationship isn’t too “dissimilar” to the dynamic that Amazon had with Walmart in the late 90s, as the firms seemingly duked it out in the end. But in the end, the two companies arguably succeeded. Amazon might now have a monumental leg up over Walmart, especially in terms of financials, but the two conglomerates managed to live in tandem, while also thriving.
Title Image Courtesy of Marco Verch Via Flickr The post XRP Surges 13%, As Bitcoin, Ethereum Post (Relatively) Measly Sub-3% Gains appeared first on Ethereum World News.

Swiss cryptocurrency wallet manufacturer to create physical notes representing digital currency for the Marshall Islands

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In a bid to bolster the local economy by enabling mainstream adoption of cryptocurrency, Switzerland-based blockchain smart card wallet maker, Tangem is all set to issue the world’s first banknotes that represent digital currency for the Republic of Marshall Islands [RMI]. Also touted as the sovereign currency- SOV, the currency will act as an alternative official legal tender along with US Dollar of Marshal Islands post its launch.
The SOV notes are physical in nature with blockchain enabled microprocessor embedded. An Israel based startup- Neema that facilitates global transactions, had developed the core technology for SOV using a protocol called Yokwe. This protocol is designed to pacify the financial violations and felony and 100% secure and transparent.
Creation of the all-new decentralized legal tender comes with the underlying aim to conventionalize its usage for all people in the tiny Pacific island. People of the RMI will have access to SOV regardless of whether they have an internet connection. With no internet requirement coupled with features like instant transaction validation and low-cost execution of global transactions even for people living in remote outer islands, Tangem banknotes will enable the Marshall Island’s foray towards a new global digital economy.
In a statement, President Hilda Heine announced,
This is a historic moment for our people, finally issuing and using our own currency, alongside the USD. It is another step of manifesting our national liberty.
The island nation passed the Declaration and Issuance of Sovereign Currency Act to issue the physical digital tokens on February last year. The project came to a brief halt on September after the International Monetary Fund [IMF] warned against the introduction of SOV.
This move is announced at a time when the termination date of reparation aid [the US compensation for carrying out 67 nuclear tests during the years 1946 to 1952] is drawing closer. The Marshall Islands might possibly face a grave economic crisis after 2023 which is why the small country has geared up by developing its own legal tender. Unlike Venezuela’s controversial Petro, which is oil-backed, SOV has been created with an intention to benefit the Marshallese citizens and put the island nation into the global map. Also, the Marshal Island plans to include blockchain expert Steve Tendon onboard, which reflects the sanctity of this ambitious project.
The post Swiss cryptocurrency wallet manufacturer to create physical notes representing digital currency for the Marshall Islands appeared first on AMBCrypto.

Cheddar and Brave Partner to Offer Free Premium Content to Browser Users

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Brave Software and Cheddar have announced a partnership that will initially allow users of the browser to get three months free access to premium content from the latter media provider. The two firms have estimated that the partnership could fund hundreds of thousands of subscriptions out of Brave’s 5.5 Million active monthly users.
Effective immediately, Brave users will automatically have access to premium Cheddar content such as live feeds to the Cheddar Business and Cheddar News channels on Cheddar.com. New users will need to download the Brave browser and existing users can simply visit Cheddar.com. In the case of the latter, the Cheddar website will automatically recognize the Brave browser and unlock the premium content.
Partnership Serves a Niche in the Crypto Verse The partnership is particularly important given that Cheddar has a lot of crypto-content geared towards crypto traders, investors and enthusiasts. Jon Steinberg, founder and CEO of Cheddar, explained this further.
Cheddar viewers are obsessed with crypto; we even have a show dedicated to it – The Crypto Craze. The idea of unlocking our premium feeds for Brave users via crypto funding, with no sign-up, seemed like a natural way to engage a passionate community that will no doubt enjoy our content.
Brendan Eich, CEO and co-founder of Brave, explained how the partnership would benefit both companies.
We’re excited to work with Cheddar to enable Brave users to seamlessly access premium Cheddar content. Our platform reconnects users and publishers without compromising privacy, and access to premium content is one of the key ways to grow our audiences.
More About Cheddar Cheddar is the leading post-cable networks company with programming available on Sling TV, DirecTV NOW, Hulu, YouTube TV, Sony PlayStation Vue, Snapchat, fuboTV, Philo, Amazon, Twitch, Twitter, 60% of smart TVs in the U.S. and Facebook. The company currently broadcasts 2 live video news networks: Cheddar and Cheddar Big News. The media company often broadcasts from the trading floor of the New York Stock Exchange.
About Brave Browser Brave is a fast, privacy-oriented browser that is also combined with its native blockchain-based digital advertising platform. The browser has been known to save users time by blocking unwanted ads and reducing clutter. Brave also fights malware and prevents tracking thus keeping user information safe and secure. Users can also activate Brave Rewards to support the content creators they love at the amount they see fit.
What are your thoughts on Cheddar and Brave partnering to provide free premium content to users of the browser? Will it boost the use of the Brave browser as well as increase the reach of the Cheddar in the crypto community? Please let us know in the comment section below.
Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you
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EOS, Tron [TRX] emerge as clear winners in the battle of dApps; Ethereum [ETH] suffers

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Despite the continued gloomy market, mass adoption of dApps [Decentralised Applications] has not taken a back seat. Ethereum [ETH] transactions for Decentralised Apps [dApps] accounted for over $7.6 billion, according to the latest statistics. Most of these come from DEX [Decentralised Exchange], however, adoption of dApps on Ethereum’s platform has been crushed by an increase in dApps in the platform of EOS, followed by Tron.
Out of the total number of 1,423 Dapps created by the end of 2018, Ethereum accounted for 1,045, followed by EOS with 235 and Tron with 97. About 40% of the transaction volume of dApps was created by DEX [Decentralised Exchange]. Categorically, Gambling witnessed a mass adoption in all three digital asset’s forum. The transaction volume of the three major digital currencies comes to about $13 billion.
dApps on the EOS platform first garnered attention during mid-2018 and has been embraced widely ever since. The adoption rocketed in November and gradually declined till January, maintaining its position at the top. EOS accounted for a total of 55% of the total transaction on the network in USD. Gambling soared, encompassing a whopping 66%, while games stood at 10% and other exchanges at 24%. Major players in EOS platform were PRA Candy Box with 8.9k users [other], ENBank – 5.8k users [other], EOS Knights – 5.8k users [games], and BIG GAME – 2.9k users [gambling] recorded in the past 24 hours.
Following the trail is Tron [TRX] which managed to swipe 38% of the on-chain USD. The key player trending on Tron’s platform is Epic Games, from the games section, followed by PLAY GOC – 4.1k users, Crazy Dogs Live – 3.6k users, ALLBET – 3.2k users [all in gambling category], among others.
Of the total transacted volume of $5.5 billion, around 70% of the transactions were steered towards gambling dApps. For Tron, it does not end here. The coin’s increase in valuation, coupled with Tron’s acquisition of BitTorrent and faster transactional speed than its rivals, has chalked up the asset’s steady rise in the otherwise bear market.
Ethereum dApps have slushed in the recent poll in the adoption of dApps on its platform, accounting only for a 6% of the total transaction in USD volume. Gambling on the platform constituted 47%, while gaming tucked in 28% and other exchanges at 25%. The main players in the network are IDEX – 773 users [decentralized exchange], FCK [betting], FORKDELTA – 654 users [decentralized exchange], among others. A mere 3% of the total transactional volume of ETH is spiraled towards the dApps.
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Ethereum [ETH]’s Joseph Lubin opens up about ConsenSys lay-offs

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Joseph Lubin, the Founder of ConsenSys, a blockchain software development company, and the co-founder of Ethereum, spoke about one of the controversial topics surrounding the company, during an interview with CNNMoney Switzerland. The topic under discussion was ConsenSys lay-offs, which drew the attention of the entire space including the likes of Vitalik Buterin and Justin Sun.
The news regarding ConsenSys lay-offs first broke out towards the end of 2018, wherein the blockchain company announced that they have dismissed over 13% of its members, stating that they were streamlining several departments in the firm.
This was later followed by a report from the Verge claiming that the company would be laying off 50% to 60% of its employees, which summed up to around 1200, resulting in the majority of the members in the community discussing the future of the firm.
Lubin soon spoke about the matter in hand on his official Twitter handle, wherein he said that the company was healthy and that they were working on rebalancing their priorities and activities, which started about nine months ago.
“We are creating transitions for some projects that we believe don’t fit as well into the ConsenSys 2.0 vision as they did in ConsenSys 1.0, and we are working on ways to continue to support these projects going forward as we sketch plans for a ConsenSys alumni network.”
Joseph Lubin, during the recent interview, said:
“Well we’ve been around for around four years and our main mission during that period was to build out the infrastructure for Ethereum, to take that infrastructure and apply it to corporate situations consortium situations and to foster adoption to educate and we I believe that we were reasonably successful doing that”
This was followed by the Founder stating that the company recently “realized” that this is a competitive ecosystem and that there is a need to “tool” the company to compete in this ecosystem. He said:
“so there were some job functions that we didn’t need going forward and there are other job functions that we do need going forward so even the press may have focused on a kernel of of news. we’ve also hired a hundred people in in the last two months”
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