Generating a passive revenue stream with digital currency is something most people can only dream of these days. Openledger, the recently launched decentralized exchange, is planning to provide exactly that type of functionality. Danish Bitcoin and cryptocurrency exchange CCEDK is launching a new currency that offers holders a share in both current and future revenue streams.
Interesting things are happening all over the digital currency ecosystem. Bitcoin remains the most prominent cryptocurrency, and the underlying blockchain technology is of great interest to all types of companies around the world. But one issue that still needs to be addressed is how people can use Bitcoin to pay for goods and services, and preferably, using altcoins to achieve that same goal. Forkpay.net might be the answer to this problem.
Various companies in the Bitcoin ecosystem are looking to raise additional funding to increase their day-to-day operations. Payment processors are invaluable to the digital currency ecosystem, as they allow payment for a user to the merchant. Also, the merchant can then convert the payment to fiat currency if needed. CoinPayments is the latest cryptocurrency payment processor to run a campaign on BnkToTheFuture.
Also read: Aten Coin Conference 2015 Recap
The Ethereum project is evolving nicely, as things are finally starting to come to fruition after two years of intensive development. Now that the Ethereum Frontier has been established, the time has come to look ahead and focus on more support for the lightweight client. Casper will play an important role in this process, and now is an opportune time to explain what this project is all about.
One of the most intriguing topics touched upon during the recent Ethereum DevCon1 conference is how the challenges in public consensus should be addressed. Achieving a public consensus sounds easy to accomplish on paper, yet the reality is vastly different. The Ethereum team seems to have a general idea of what challenges they are facing and how they can be addressed.
A few weeks ago, the first ever Aten Coin Conference took place in Poland. Although we could not attend in person, one of our friends was kind enough to send over some of the notes he took during the event. Overall, it seems like there was a genuine interest in the Aten Coin project and the panel regarding KYC/AML policies was quite exceptional.
Also read: Ethereum DevCon1 Day Two – Brief Recap
During the second day of the Ethereum DevCon1 conference, most of the focus was shifted towards developers and the concept of DApps. It is no secret that the Ethereum protocol allows many different types of technological innovation. Decentralized applications will play an important role in achieving that goal.
Development of new applications will require a ton of effort from developers and a different approach to traditional coding. None of this would be possible without thinking of the Ethereum blockchain as a service which is where the recent partnership with Microsoft Azure will play a pivotal role. Deploying a virtual machine for Ethereum purposes will only take one click, and coders can start tinkering around within mere minutes.
Ethereum has been around for about two years now and the project has undergone various changes in that short amount of time. Ever since Ethereum released their wallet a while ago, developers have been working on a plan to make the Ethereum wallet more streamlined, as well as improve its overall functionality.
Separating The Wallet From The Client
The main goal is to separate the client from the node (Geth). The node is effectively an operator, which operates on behalf of its subsystems. On the other hand, a client is an application – like Geth – which serves as a communication layer for DApps. Splitting out these two components will be a major step forward for Geth. But that is not all, with some of the issues with the core interface needing to be addressed.
These are exciting times to be involved in the world of digital currencies and blockchain technology. The first day of Ethereum DevCon1 Conference in London is behind us, and what a great day it was! Even for non-developers like myself, events like these show you how powerful an idea can be and how willing people are to lend a helping hand.
As you would come to expect from any project or currency focusing on the digital space, there is a lot of research to be done. Not just regarding what new and exciting projects and services can be developed sooner rather than later but also regarding regulation, putting ideas into concepts, and so much more.
There seems to be a golden opportunity for digital currency to go hand-in-hand with the emerging trend of virtual reality. Voxelus, which calls itself the “official coin of virtual reality” is well on its way to achieving many great things, assuming the team can deliver on their promises. So far, their public crowdsale on ShapeShift.io is going quite well.