Will Bitcoin Go Mainstream Thanks To Kim Dotcom's MegaUpload2 and BitCache? (The Cryptoverse #121)
On today's episode of The Cryptoverse: As the trial of Kim Dotcom versus extradition by the United States Thought Police continues in New Zealand, Kim is ever-optimistic and is forging ahead with his business plans. He is making significant progress on his MegaUpload2/BitCache program, calling it not just a site or application but a “movement.” Cointelegraph gives you the latest progress report on the future mainstream website application that Kim Dotcom believes will single-handedly change Bitcoin forever.
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**On today's episode of The Cryptoverse:**
I do a quick Bitcoin network update and Introducing the Wallmart of smart contracts. BlockCAT that allows anyone on the Internet to build and buy off the shelf smart contracts without having to hire a developer.
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Dash makes a new all time high around $210. EOS recovers a bit today and releases a new server for it''s token app to help with demand and in the chart reading section LiteCoin continues to test $50 and so far is holding.
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On today's show:
1. We are going to check in with the growth of the Lightning network
2. We are going to get some good news from South Korea so our friends over there can get back to cryptocurrency trading
3. A new version of the Ethereum yellow paper is out
4. And we’ll take a quick look at the Bitcoin price chart
**Story - Lightning Watch** 0:48
https://lnmainnet.gaben.win/#
https://p2sh.info/dashboard/db/lightning-network?orgId=1
https://docs.google.com/spreadsheets/d/14EN_vpbeLeQNFTNJ8DJbayZX33wlRINW-oQfJjveScI/edit?usp=sharing
Today’s stats.
The network capacity grew by 42% in the last 24 hours.
https://fork.lol/tx/fee
Bitcoin fees are also dropping and sit at 154 satoshis per byte over the last 24 hours.
http://segwit.party/charts/
Oddly enough Segwit has dropped below 10% of transactions today having hovered between 10 and 12% over the last week.
**Story - Great News For Korean Crypto** 2:56
https://news.bitcoin.com/korean-crypto-exchanges-share-data-with-banks-new-account-system/
Rather than an effort to outright ban crypto trading, South Korean authorities seem more interested in making sure that trading isn’t done anonymously.
I have no doubt that crypto trading volumes from Korea have dipped recently and been a factor contributing to the falling prices.
Anyway, the South Korean government has come forward with the names of six major banks that are willing to provide services to cryptocurrency exchanges.
The catch is that the exchange will have to share data about their users.
This includes both personal details and transaction details.
So the name on the bank account will have to match the name on the cryptocurrency exchange account to prevent anonymous trading.
Because this name matching is required, that’s why the exchanges have to share data with the banks.
It says here this new system will be in place by the 30th of January but there’s a possibility some of them may have it up and running before then.
The benefit to the government is also that they can make sure all the crypto activity in Korea is taxed.
If they can’t get your crypto trading information from the exchange, they can get it by going through your bank.
**Story - New Version Of Ethereum Yellow Paper** 5:45
https://github.com/ethereum/yellowpaper/blob/master/README.md
This document is the formal definition of the Ethereum protocol and was originally written by Gavin Wood.
It says here that it is now maintained by Nick Savers and contributors.
If you like getting back to the fundamentals, or if you’ve never read the paper before the
...
https://www.youtube.com/watch?v=Nd2YmxUj0d8
On today’s episode of The Cryptoverse…
Here are the top 7 crypto news stories for today in the quick fire roundup format.
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The Poloniex Crypto Exchange Have Announced They Are Going To Remove Lending And Margin Trading For US Customers
https://blog.circle.com/2018/10/03/poloniex-to-remove-margin-and-lending-products-for-us-based-customers/
Bitcoin Startup Acinq Raises $1.7 Million to Double Down on Lightning Network Development
https://www.coindesk.com/bitcoin-acinq-raises-1-7-million-lightning/
Venezuela Makes History As President Maduro goes on TV and announces that the Petro Is To Official Become A National Currency
https://news.bitcoin.com/venezuela-petro-new-whitepaper/
Gemini Exchange Secures Insurance Coverage for Digital Assets
https://bitsonline.com/gemini-exchange-secures-insurance/
A Quick Reminder That Ethereum’s Constantinople Hard Fork Hits the Testnet Next Week
https://nulltx.com/ethereums-constantinople-hard-fork-hits-the-testnet-next-week/
Despite The Ongoing Bear Market Coinbase Continues To Add 25,000 New Customers Per Day
https://bitsonline.com/coinbase-25-million-users/
...
https://www.youtube.com/watch?v=gpAi4gTBr-U
**On today's episode of The Cryptoverse:**
Circle, one of the largest venture capital-backed Bitcoin startups in Europe, officially terminated its Bitcoin trading services and has launched a Bitcoin Blockchain-based remittance and messaging application to serve the unbanked.
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Today's episode is sponsored by Dash, the privacy focused digital currency that offers transactions with instant confirmations. It’s unique decentralised decision making and self funding system make it an ideal choice as a stable and secure digital cash. [Click here to learn more](http://bit.ly/2f99G7b)
**Sources:**
[Original Article on Coin Telegraph](https://cointelegraph.com/news/circle-terminates-bitcoin-trading-focuses-on-next-generation-platform)
[Circle's Blog Post About Spark](https://blog.circle.com/2016/12/06/spark-new-markets-app-messaging-and-bitcoin-changes/)
[Track SegWit Adoption on Coin Dance](https://coin.dance/blocks)
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...
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On today's episode of The Cryptoverse...
I would like to take you on a tour of the news headlines in a more casual style than usual.
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#Bakkt #RonPaul #MKR
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Support the stream: https://streamlabs.com/thecryptoverse After a hard week of content creation let's go live and chill out together, look at the news in real time and maybe even have some conversations live on the air. Just add TheCryptoverse on Skype, type a brief overview of what you want to talk about and then wait and see if I call you back on the air!
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Kowala Stablecoin:
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The Kowala app for Ledger hardware wallet:
https://wallet-tools.kowala.tech/
Ethereum Name Service article:
https://btcmanager.com/ethereum-name-service-ens-announces-support-xyz-domain/
The Ethereum name service itself:
https://ens.domains/
EOS savings account status:
http://eosnetworkmonitor.io/
Brave browser dev version:
https://brave.com/download-dev
...
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https://cryptotag.io/
I have not been paid to make this video but they did send a these two products to me for free. One to keep for myself and one to give away to a subscriber.
...
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On today’s episode of The Cryptoverse…
I’m going to briefly revisit the MyCryptons Ethereum collectables game because the developers said they are willing to make a collectable out of me.
Table of Contents:
00:00 - Introduction
00:42 - Channel Upgrades
02:08 - MyCryptons Game
05:26 - Neon District Ethereum Game
11:53 - EOS Useage Tool
20:50 - Outro
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Ethereum: 0x0de0E11E0812982652AB68F903643b0cddD4C0a8
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LiteCoin: LKLvp8owSjqbNRo3iT2fwgzCF6XBZVC4ig
NEO: AYpGCzgWsZvR6f3fvfDKKkbcCKU1KFU8kd
EOS: chrisjsconey
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MyCryptons are willing to make a Crypton of me…
https://twitter.com/Mycryptons/status/1033823636921053185
Neon District RPG Coming To Ethereum
https://neondistrict.io/
Trailer: https://www.reddit.com/r/ethereum/comments/9am3et/new_game_trailer_for_neon_district_season_one/
DappRadar…
https://dappradar.com/eos-dapps
Kevin Rooke pointed out on Twitter:
https://twitter.com/kerooke/status/1033909171249270784
...
https://www.youtube.com/watch?v=mmkSwOY2rOs