In an interview conducted recently, Joseph Lubin, the Co-Founder of Ethereum talked about the ConsenSys project and the future applications of the Ethereum blockchain.
ConsenSys, which Lubin established in 2015 in New York, focuses on developing applications based on Ethereum’s technology [the third generation of the Internet”, Web 3.0]. According to Lubin, at ConsenSys, they work to communicate, collaborate, and create inter-operation between all of their different projects.
They view their work as building an ecosystem, which comprises the Consensys ecosystem, the Ethereum ecosystem, and the decentralization ecosystem. Lubin also went on to the reason why ConsenSys was built was due to the fact that a lot of developers felt that the application layer of Ethereum was not being utilized enough.
The Co-Founder also revealed that the Ethereum layer was hard to build on, which did not stop the team from building developer tools. Several companies have tied up with Consensys to build infrastructure within ConsenSys that will propagate the effects of blockchain technology, even more, says Lubin,
Lubin also stated that ConsenSys was aiming to bring up the infrastructure of the product side of the company, mentioning upgrades in the enterprise wing of the company as well as decentralized business development tools. He said:
“ConsenSys helps to accelerate, or even launch, companies and projects that use Ethereum as a platform. We are re-architecting how companies or groups of people will offer services to consumers and other businesses and there are definitely some hot-button issues around cryptocurrencies, as there are hot-button issues with respect to securities law around the world.”
Joseph Lubin stated that soon there will be services like Airbnb and Uber that will use a decentralized ecosystem to function. He believes that such a system will play a big role in providing a more direct channel for service providers and consumers to connect. Lubin also added that a lot of people were excited about decentralization and the security regulations have shaped the way cryptocurrency is viewed in the society.
He stated that the regulations released by the governments have been better than expected and that the postponed decisions are paramount in deciding the future. The United States House of Representatives had also released a statement a few weeks back that said digital currencies are the ‘future of money’.
The announcement came in the wake of countries such as South Korea, Malta, and Switzerland adopting and implementing clear regulation for the $250 billion cryptocurrency market.
TRON (TRX) Long-Term Price Forecast- February 17
TRX/USD Long-term Trend: Ranging
Supply zone: $0.0400, $0.05000, $0.0600
Demand zone: $0.01000, $0.00800, $0.00600
Tron long-term outlook remains in a range-bond market. The bears return predicted in last week analysis remained strong within the range. The two EMAs were broken as the bears continue the downward journey.
TRXUSD dropped initially to $0.02448 and later to $0.02360 in the demand area. This was the low of the week on 14th February.
With price below the two EMAs crossover and the stochastic oscillator signal in the oversold region pointing up at 8%. It suggests a minor push to the upside before downtrend continuation within the range.
TRXUSD is in consolidation and trading between $0.02881 in the upper supply area and at $0.02142 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area followed by a retest may occur hence patience is required to allow this to happen before a position is taken.
Forbes releases newsletter dedicated to crypto targeting potential investors
Forbes released new premium newsletter dedicated to cryptocurrency and blockchain.
Forbes doesn’t seem to get enough crypto. The media giant gets deeper with the nascent technology with their new service, Forbes CryptoAsset & Blockchain.
The new premium-subscription digital newsletter contains in-depth coverage of blockchain, as an effort to establish Forbes as a prominent voice in the field.
According to Media Post, investor and co-author of CryptoAssets: The Innovative Investor’s Guide to Bitcoin and Beyond, Jack Tatar has been appointed as the editor.
While the contributors will be Forbes’ stable journalists that will interview notable figures in crypto space, such as Ripple’s CTO David Schwartz, cofounder and CEO of Zcash, Zooko Wilcox, and Morgan Creek Capital’s Mark Yusko.
“This newsletter is geared toward educating potential investors in blockchain and crypto, and the goal is to provide actionable and profitable advice,” said Matt Schifrin, VP and managing editor of Money & Markets at Forbes.
Despite its premium price, which is set at $595/year or $195/quarter, Forbes’ Senior VP of consumer marketing and business development, Nina La France claimed the early response as “solid”.
Speaking about future publishing plan, Schifrin reveals that Forbes will publish its first-ever Forbes Blockchain 50 list that covers most prominent firms in the crypto space in the coming months.
Is the list something worth waiting for? Stay with Chepicap to find out.
In the meantime, checkout Chepicap’s YouTube channel to find out about the current crypto market state.
Investment portal, TradingView launches premium crypto dashboard at 0.09BTC
TradingView, the investment portal just launched its very own Crypto Dashboard.
The platform known for its exhaustive and real-time information on everything related to trading and investment, TradingView just launched its crypto specific portal.
The crypto dashboard provides data from 25+ crypto exchanges, such as Binance, Bitfinex, Bithumb, BitMEX, BittrexCEX.io and Coinfloor.
The new platform aims to “equip” crypto traders with all things important to nail the trading activities, such as 25 technical indicators on a single chart, unlimited chart layouts and watchlists, 200 server-side alerts and the capability to connect 5 devices at the same time.
The “trading power” is offered in their premium plan that costs 0.09 Bitcoin/year, which the website says as a good deal as it means the lower the Bitcoin price, the higher the discount.
However, that also means that when the bull comes, it wouldn’t be that affordable to many people. Hopefully by then, TradingView would revise their pricing for the benefits of all parties.
The question is, when will the bull come? Check out Chepicap’s YouTube channel to get an idea about the current crypto market state.