Top cryptocurrencies fall

Bitcoin, Ethereum, Ripple , Litecoin and other top cryptocurrencies lose their positions 
11 July 2017   2404
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks.

Top 15 cryptocurrencies are rapidly losing their positions.

Cryptocurrencies chartCryptocurrencies chart

Bitcoin

First decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

Only Bitcoin is holding "well" - it lost only about 7%. Ethereum, Ripple, NEM, IOTA, Monero, EOS, Zcash, Waves and AntShares lost more than 20% in only 24 hours. 

Only few hours ago, a lot of cryptocurrency enthusiasts thought that there "will be big move" of Bitcoin.

Bitcoin was between $2,400 and $2,800 since June 16, a considerably less volatile period to that which preceded it, according to data from Coinmarketcap.

Ethereum

Open-source blockchain-based distributed computing platform featuring smart contract functionality, which facilitates online contractual agreements 

Fall of Ethereum can be caused by it's rapidly increased difficulty. One of the reasons of this anomaly is new "ice-age bomb". It is down by 25% in the week, reached $186. 

Additionally, experts expect new big "spikes" in the nearest future due to SegWit launch at 1st of August. 

Monoplasma Ethereum Scaling Technology Unveiled

Monoplasma developers claim that the technology will help solve the problem of repeat payments from one address to many others
18 February 2019   53

The developers of the blockchain platform Streamr presented a solution for scaling the Ethereum network called Monoplasma. It is reported by CoinDesk.

The creators of the project claim that the technology will help solve the problem of repeat payments from one address to many others. Monoplasma, in their opinion, will be useful to developers of decentralized applications focused on the distribution of dividends, staking and repeated airdrops.

The head of Streamr, Henry Pinkala, also demonstrated fake token airdrop for 200 thousand Ethereum addresses in a test network using Monoplasma.

You can receive money, but you can’t send back the other way. That would be like trying to send a message to your TV. 
 

Shiv Malik

Head of communications for Streamr

Thus, Monoplasma payment channels are reliably protected from the attack of double waste.

Streamr intends to use a new solution for the mass sale of user data on the blockchain, allowing the buying company to settle accounts with many users at once.