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Selected Cryptonomics News - Dash, Poloniex, Quantum Computing - 29 November 2019

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@rycharde
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I've been meaning to do this for some time, yet it is time itself that is in short supply. So, best to start and see what happens. The plan is an almost-daily review of some of the most interesting and important news in the cryptoverse. I notice that I did make a start on this, but that was 2 months ago - two months - where did that time vanish?

Firstly, let me just say that I have no interest in lame posts by pump n' dumpsters, FUD and FOMO merchants and anybody who thinks that drawing lines on a chart is illuminating. Having dispensed with some 95% of the crypto news outpourings, we'll see what's left that is actually worth reading - or watching. I'm not a huge fan of videos as they strike me as a huge waste of time, but there are some good interviews and talks out there, delivered by people who actually have some insights, so expect some audio and video links as well as text.

Most news is old news; what I'm interested in is the news that shapes the future.


Now you don’t need internet or a smartphone to make transactions with Dash.

This crypto initiative was created by Venezuelans who created a system which let users make Dash transactions by a SMS with no need of internet connection.

Dash’s transaction traffic on Cryptobuyer isn’t limited to market speculation. On the contrary, dash has experienced extensive adoption by Venezuelan vendors and merchants. Some 522 domestic store owners accept dash in the country, Joël Valenzuela told Bitcoin Magazine. A Discover Dash website acts as a directory to many of these stores.


Poloniex ‘Acquires’ Tron Network’s Biggest Decentralized Exchange

“To maintain the development of TRXMarket over the long term, the team has accepted an acquisition offer from Poloniex and will rebrand with the new name Poloni DEX, becoming a decentralized exchange under Poloniex. The official website has now changed to poloniex.org,” an accompanying blog post from Poloniex issued on Nov. 27 reads.

Sun’s wording nonetheless appeared to confuse social media users. Mati Greenspan, senior market analyst at fellow trading platform eToro, quizzed Sun about how a notionally decentralized entity could possibly be placed under another entity’s control.

Exactly! I keep reminding readers that the word "decentralisation" has many meanings and applies to many layers of a system.

"Agreed for the sake of your point, but he means Decentralized in the way that you do not need to deposit into a centralized wallet to interface/trade with this exchange. It connects directly to your dapp/browser wallet (like metamask, or TronWallet)" twitter

Indeed, the concepts of decentralisation may be more confusing than the structure of a blockchain - and yet are central to who controls what.


What impacts will quantum fintech have on mainstream finance?

Quantum computations then siphoned through an AI and logged onto a blockchain. The last part is the slowest step but is there to replay the scenarios. None of it will be there for your personal benefit.



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