Dogethereum bridge

Dogecoin is playing a crucial role in scalability research for ethereum

February 19, 2018 "Your problem is to bridge the gap which exists between where you are now and the goal you intend to reach. "    ― Earl Nightingale Got this from a friend? SUBSCRIBE HERE THE FEATURE Doge Is Helping Ethereum Solve Its Biggest Issue A cryptocurrency modeled after a dog meme is proving yet again it's not just a joke. Created on a whim in 2013, dogecoin isn't simply still around, it's playing a crucial role in the ongoing testing of at least one "serious" technology. In fact, on February 5, it notably factored into an experiment that successfully showcased one of ethereum's more enterprising projects. On that date, the much-anticipated technology truebit successfully sent dogecoin to ethereum's Rinkeby testnet, where it became a distinct asset on that blockchain. A historic first, the transaction marked the completion of a years-long project developers see as a stepping stone toward the interoperability of crypto assets more broadly. Nicknamed the "dogethereum bridge," the test also marks the first real release for truebit, which aims to solve one of ethereum's biggest problems: scalability. Read the whole story Tweet Share Wait, there's more: Australian Watchdog Received 1,200 Crypto Scam Complaints in 2017 The Australian Competition & Consumer Commission reportedly received over 1,200 complaints about cryptocurrency scams last year. Bottom Confirmed? Bitcoin at 20-Day High Near $11K Bitcoin seems to have found a bottom below $6,000, although a long-term bull revival is still not certain, according to the price charts. Bancor Bounce Back? A Once-Doubted ICO Is Winning Adoption Despite early skepticism on its tech amid a record-setting ICO, millions of dollars is now being traded each week by blockchain project Bancor. PC Giant Lenovo Seeks Blockchain Validation Patent New patent filings from Lenovo indicate the technology company hopes to use a blockchain-based system for the authentication of physical documents. 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This time, litecoin came out on top with the world's fifth most valuable crypto posting big gains. SEC Suspends 3 Companies Claiming Crypto Connection The SEC has temporarily halted trading of three companies after comments they made about cryptocurrency and blockchain-related business moves. Silent No More: Ethereum Users Spurn Recovery Code Community members have taken to Github to express their discontent over a controversial proposal for lost fund recovery. Bitcoin Cash Hits $1.5K Amid Short-Term Bull Reversal Bitcoin cash has rallied sharply from recent lows, but still remains trapped inside a bearish pattern, price charts indicate. Japan's Finance Watchdog to Inspect 15 Unlicensed Crypto Exchanges The Japanese government said today that inspections will take place at 15 unlicensed cryptocurrency exchanges in light of a recent major hack. Pullback on Hand? Bitcoin Shows Weakness Above $10K Having found weak hands above the $10,200 mark in Asian hours, bitcoin has slipped back into four figures. Go to CoinDesk BTC: $10,906.66 +4.91%  ETH: $947.46 +2.42%  @8:42AM EST - More price details 👋 CoinDesk is Hiring 👋 Come join our great team here in New York City! Copyright © 2018 CoinDesk, All rights reserved. You're receiving this email because you subscribed for updates on our website. Our mailing address is: CoinDesk 636 Avenue of the Americas New York City, NY 10011 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list