Today we have three really cool news pieces to share with you.
Once again the giveaway we have this week is a $70 Bitcoin giveaway. If you want to win, all you need to do is to like, comment, and subscribe. We will be announcing who the winner is tomorrow on Saturday, by drawing a video and then drawing a winner from the video. Good luck to you all guys!! And if you love what we do then please make sure you like and subscribe to this video and just comment down below and you could win that $70 worth in Bitcoin.
Moving onto the market, let’s see how it’s performing. And today we have a pretty nice market with primarily greens and just a few reds. Bitcoin is increasing by 0.68%, Ethereum’s Ether is increasing by 2.10% and Ripple’s XRP is up by 0.95%. In the top 10, we don’t have too many major increases or decreases. Now when we move to the top 20, you can see here that there are similar trends and that there are no major falls, spikes, or boosts in the market.
Let’s look at the news. According to ZCrypto, it looks like Ripple is launching a new office in Zurich to attract Institutional Buyers for XRP. Ripple has been making a lot of moves in the institutional space, the new office in Zurich is a great way for the team to cement their position and interact with one of the biggest cities with the largest number of banks.
Looking back, it’s not the first time Ripple has launched an Office in a prime location. In February 2019, according to Use the bitcoin, Ripple opened a new office in Shanghai. Ripple also opened up a new office in Dubai by the end of 2018. While their primary office is in San Francisco, looks like the tech startup now has an office in New York, London, Mumbai, Singapore, Sydney, and what it looks like more to come.
Now moving on, Microsoft has just announced Verisol, an open source formal Ethereum smart contract verification scheme designed for the Solidity programming language. According to Cryptoslate, the term VeriSol – short for Verifier for Solidity, will enable developers to write specifications in their contracts using a language that can be tested with mathematical logic machinery.
And finally, the last news for today. According to Decrypt, bots made 75% of transactions on all EOS dapp per report. That means that only a quarter of EOS dapp transactions were made by real people. It was written by AnChain.AI a blockchain startup that uses machine learning to analyze blockchain data. This is very concerning as EOS like many other decentralized application platforms suffer from too few users.
Metrics concerning daily user activity and daily volume are important to assess the success of an app, but when we have bots recreating these signups and activity levels, it makes it hard to assess the true success of a dapp. In saying that the dapp environment is however still maturing and it currently remains unregulated.
So what are your thoughts on these situations guys?
What do you think about Ripple’s global footprint?
What are your thoughts on Microsoft’s new Verisol tool?
And finally, are you concerned that EOS only has 25% of actual users?
Let me know what you guys think in the comments below. And remember you can win $70 in Bitcoin. All you need to do is like, comment, and subscribe. It’s your girl Cindy with Cryptopig, I’ll be seeing you guys tomorrow.