DigiByte to Undergo Hard Fork

The upcoming DigiByte hard fork will change some of DigiBytes Mining algorithms to maintain GPU friendliness
21 March 2018   2357

DigiByte is a public, rapidly growing and highly decentralized blockchain, and DigiBytes are digital assets that cannot be destroyed, counterfeited or hacked, they are created for protecting objects of value like currency, information, property or important digital data. 

DigiByte has issued the blockchain development plan for 2018, revealing that DigiByte Core v6.16.2, which is the foundation wallet, will be released in March of 2018. The new DigiByte wallet will have a new look, bug fixes and more features.

Moreover, DigiByte Core v7.16.1 release is planned for summer of 2018. The upcoming DigiByte hard fork will change some of DigiBytes Mining algorithms to maintain GPU friendliness. Unfortunately, the exact date of the hard fork has not been revealed yet. The further expansion of the DigiByte core protocol to further support community development and incentivize participation is scheduled for the fall of 2018.

At the moment of press, these are main market parameters of DigiByte:

Average price: $0,025089
Market cap: $250 956 368
24h volume: $2 425 990

Bakkt to be Launched in December

It is also reported that Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure
19 October 2018   53

The expected launch of the Bakkt will take place on December 12 of this year. It is reported by The Block, citing informed sources.

Also, the material states that the investment bank Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure. At the same time, the bank is considering the possibility of trading futures on a new platform.

In a recent Fortune interview with Bakkt, Kelly Lofler said that the cryptocurrency market is on the verge of a revolution comparable in size to the one that occurred on the energy market in the early 2000s.

Greater institutional participation in the digital asset markets requires secure and regulated custody solutions. We are impressed by BitGo’s product, unique services, and the management team. We view our investment in BitGo as an exciting opportunity to contribute to the evolution of this critical market infrastructure.
 

Rana Yared

Managing director, Goldman Sachs’ Principal Strategic Investments group

Bakkt is a cryptocurrency unit of the Intercontinental Exchange (ICE), which is the operator of the New York Stock Exchange. Giants such as Microsoft and Starbucks are taking part in creating of the new project, which is positioned as an “ecosystem for digital assets”.

The new platform will offer deliverable bitcoin futures to the market (unlike the settlement contracts for CBOE and CME, these are based on the underlying asset). The platform will support multiple fiat currencies.