Cryptocurrency news today 20 August


Cryptocurrency news today 20 August

Team presents to your attention a regular column – “the news of the cryptocurrency today”. Recall that in this column we publish news, which influence on the exchange rate of the cryptocurrency of the TOP 100 by market capitalization according to Coinmarketcap.

UPS, a major American logistics company now plans to track the parcel using the technology-the blockchain. She filed a patent application which describes in detail the method of multiple distributed registries, it is expected that the blockchain will remain the record of the point of departure/destination and intermediate stations. It will be possible to create smart contracts for services delivery.

Another case of collateral in the cryptocurrency ? Martin Marsic (25 years old) was arrested for hacking Redwood City, the popular computer game. Marsic received unauthorized access to 25 thousands of customer accounts, he could pick up and sell in-game items. Bail on Marsico appointed in the amount of 750 thousand dollars, but was allowed to pay in bitcoin or other cryptocurrency. Also, there was a note, if the course of the cryptocurrency will change a lot, the amount may be changed in both directions.

Only 40 cryptocurrencies of the Top 100 by market capitalization have working products and legitimate use-cases. Research conducted by the portal Invest in the Future. It was necessary to determine which altcoins have no real value. Legitimacy was determined according to the following characteristics: daily use cryptocurrency normal users, companies and organisations. Projects are evaluated on the roadmap. First place was taken by bitcoin, which is to be expected. First among altcoins became Ethereum (ETH), through the holding of ICO and decentralized applications.

Acne Buterin suggested the need to revise the transaction fees in the public blockchain and change them to fixed. You need to enter in the use of a special formula that adjusts the Commission. While it is unclear the proposed Vitalik ratio.

Stay tuned not to miss any important event from the world of cryptocurrency!

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