CoinSheet - Aug 17, 2017

Aug 17, 2017

Coin Sheet - August 15, 2017

QUOTE OF THE DAY

"We are what we repeatedly do. Excellence, then, is not an act, but a habit."

—Aristotle

COIN BULLETIN

As High As It Will Go?

Bitcoin has reached another all time high, hitting a little over of $4,400 on GDAX (Did you know GDAX is an abbreviation for "Global Digital Asset Exchange?" You do now.).

Is this it? Have the good news run out? Do we not care about Segwit anyone? Hardfork, what hardfork? Is this me writing FUD (fear, uncertainty and doubt)? Find out next time on ̶t̶h̶e̶ ̶n̶e̶x̶t̶ ̶e̶p̶i̶s̶o̶d̶e̶ ̶o̶f̶ ̶D̶r̶a̶g̶o̶n̶ ̶B̶a̶l̶l̶ ̶Z̶ tomorrows CoinSheet. Actually I'll just tell you now, I think Bitcoin has peaked.

Brought To You By, Ethereum FOMO

There have been some discussions on reddit about Ethereum's next protocol upgrade, dubbed "Metropolis." The point made was that Ethereum rose 430% in the 35 days leading up to the last protocol upgrade (and current version, Homestead). Who cares? Well...we're about 40 days from the potential September 24th Metropolis release date. You care now don't cha.

There was a interesting TL:DR for "zero knowledge transactions (zk-SNARKS)," an anticipated feature bundled in the Metropolis upgrade. This feature allows nodes, miners, and stakers to verify transactions without having any knowledge about these transactions. As a reddit user explained "it means you can prove you have something without having to actually show that you have it. Here's how I explain it. I give you an apple for $100, and you can prove that you actually have the apple without having to show everyone the apple."

That's all the Ethereum shilling you'll get from me today.

Ethereum Real Estate Investment Platform

Singapore-based Real Estate Asset Ledger (REAL) is set to launch its real estate investment platform in November (built on Ethereum, obv).

Ever Wonder...

Have you ever wondered what Jack Dorsey (Twitter CEO) thinks about Bitcoin and blockchain tech? I haven't...BUT if you did, Jack thinks that blockchain technology and Bitcoin are the “next big unlock.” Oh, and Jack said he HODL's some Bitcoin, so that's cool.

Regulation Station:

The National Bank of Ukraine considers regulating cryptocurrency. In Ukraine, it is illegal for anyone other than the central bank to create new currency.

THINGS I LIKE

Trump Won’t Kill America, Bitcoin Will

Brett Cenkus wrote an interesting article on Hackernoon where he argues that countries as we know them will cease to exist not cecause of a who, but a what — and that "what" being Bitcoin.

You can read the article here.

Things You Might Have Missed

And I bring you another article from Hackernoon, this time written by Lou Kerner who summarized The 6 Most Epic Cryptocurrency Events Last Week— And The 4 To Come.

You can read the article here.