Cryptocurrency capitalization exceeded $ 300 billion

The total value of the digital currencies on the market exceeded the $ 300 billion mark
27 November 2017   1220

According to the analytical service of Coinmarketcap, at present the capitalization of the cryptocurrency is $ 304.9 billion; the cumulative daily turnover of trades - $ 12.4 billion. Such a rapid growth in market capitalization is largely due to the recent rally of the first digital currency, whose price is confidently approaching the mark of $ 10,000.

The index of dominance of the first cryptocurrency is still relatively high and is 53.5%. Also bitcoin is the undisputed leader in the daily trading volume ($ 5.8 billion). Recently many other cryptocurrencies have demonstrated strong growth too, which could not but affect the growth of the market.

On the first day of 2017, the total value of digital currencies hardly exceeded the $ 18 billion mark. Mark of $ 200 billion market cryptocurrency overcame at the beginning of November. Since the beginning of the year, the cryptocurrency market has grown more than 16 times.

Lightning Network Wallet by Breez to be Out For iOs

Solution is based on the lightweight client called Neutrino and it wallet supports Submarine Swaps technology
18 June 2019   148

The Breez payment platform introduced a non-custodial wallet for iPhone that supports the Lightning Network protocol.

The basis of the new product is a lightweight client Neutrino. It is also known that the wallet supports Submarine Swaps technology, which makes it possible to conduct transactions between online addresses and the Lightning Network.

The company's blog says that immediately after installation, the application automatically connects the channel to the so-called Breez hub connected to other Lightning nodes, which allows the user to conduct transactions with any participants in the second-level network. In addition, according to the founder of the company, Ron Scheinfeld, the possibility of a refund is provided in the event of challenging purchases.

In a Lightning economy, people trade money for goods and services. Intermediaries — banks, credit cards, online payment processors, and custodians of any kind — are obsolete. All that remains are the people, trading with each other anywhere, anytime, free to do what each of them thinks is best with their own money. Scale is no longer a concern. Transactions are virtually instantaneous and practically free. The people are free too. Finally.

Roy Sheinfeld
Co-Founder and CEO, Breez

The company also noted that within only two months after the release of the version for Android, Breez benefited from "hundreds of users." Currently, the wallet is in beta.

On the eve of the release of the iOS application, the startup managed to attract $ 500,000 from Recruit Strategic Partners and Fulgur Ventures. The funds will be used to develop an application for merchants, allowing them to accept Lightning-payments.