VITALIK SAYS ETHEREUM POS WILL MAKE IT MORE SECURE THAN BITCOIN

VITALIK SAYS   ETHEREUM POS WILL MAKE IT MORE SECURE THAN BITCOIN


Coinbase Gets an E-money license in Ireland, and Vitailk says that the shift to proof of steak will make Ethereum more secure than bitcoin. Let’s start the show.
In recent days, Zeeshan Feroz, the CEO of the United Kingdom branch of Coinbase, announced that the exchange had become “one of just a few companies,” to have received an e-money license in Ireland. Coinbase opened its first office in Dublin, Ireland, in October 2018 to help expand its operations in Europe and as a contingency plan for when the U.K. leaves the EU. With this further push into Europe, what happens next for Coinbase and its competitors?
Ripple, the blockchain firm behind crypto asset XRP, has combined three of its services into features of its RippleNet offering.
A company’s spokesperson explained that now, “instead of buying xCurrent or xVia, customers will connect to RippleNet — on-premises or through the cloud — and instead of buying xRapid, clients will use On-Demand Liquidity.”
The company also believes that moving from a suite of services to offer a network to its customers is a natural evolution of its strategy due to the growth of its user base and development of its standard.
How will this move work out for Ripple?
Just a reminder, we have a brand new website – jump over to cryptognt.com and have a look, we have all the latest news from the world of blockchain and cryptocurrency. You can find a link to our site in the show notes below. And now, back to today’s episode.
The dBonds team recently managed to tokenize Deutsche Bank bond on the EOS mainnet. Which was made possible through their agreement with an authorized UK based custodian, Queen Street Finance, and their stablecoin standard DUSD, already issued on EOS.
“This is an important step towards bringing fixed income instruments into EOS ecosystem and building transparent decentralized bank with stablecoin fully collateralized by high valuable on-chain assets including tokenized bonds.”
How will this affect Deutsche Bank and EOS?
The United States Securities and Exchange Commission (SEC) announced that it is suing two offshore entities, Telegram and its wholly owned subsidiary, TON Issuer, for holding an unregistered token sale. According to the complaint filed in the federal district court in Manhattan on the same day, Telegram sold approximately 2.9 billion crypto tokens, called Grams (GRM) to 171 buyers for a total of $1.7 billion. Around a quarter of that sum, $424.5 million, allegedly belonged to 31 purchasers based in the U.S. How will action affect the future of Telegram and also TON?
After long awaited shift to the proof-of-stake (PoS) consensus algorithm is actually implemented in Ethereum’s (ETH) blockchain, it would become more secure and costly to attack than Bitcoin (BTC) this is according toVitalik Buterin the co-founder of Ethereum. Buterin has voiced this opinion during Devcon 5, the Ethereum developers conference that took place in Osaka on Oct. 8–11. He specifically noted that — after the transition to PoS — higher cost of a potential attack would make Ethereum the safer network than Bitcion. This may all be true, but the real question on everyone’s mind is, when will the shift to Ethereum 2.0 actually take place?
Many thanks for tuning into today’s episode, please make sure you like share and subscribe to the show, And please remember to go check out our new website at cryptognt.com where you can find all the latest news from the world of cryptocurrency. You can find a link to the site in the show notes below. For crypto global news I’m Edward, until next time you take it easy.

17 comments

  1. #Vitalik has made a claim that #ETH will be safer than #BTC when it moves to #POS, but when will this happen?

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