Bitcoin, Crypto currency, Blockchain

Newsflash: New mammoth project for TRON, Bitcoin seitswärts trend, the financial giant is testing Ethereum – Coin Hero

06732ade5511ed2f225de5d7a0147906 - Newsflash: New mammoth project for TRON, Bitcoin seitswärts trend, the financial giant is testing Ethereum - Coin Hero

Newsflash: New mammoth project for TRON, Bitcoin seitswärts trend, the financial giant is testing Ethereum

Home News Newsflash: New mammoth project for TRON, Bitcoin seitswärts trend, the financial giant is testing Ethereum

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Marcel Knobloch –
01.06.2019

Justin Sun, the founder of TRON, has announced the next big project for BitTorrent, the BitTorrent file system (BTFS). BTFS is a distributed data store with the user files on the distribution of the memory of computer clusters can be set. According to the TRON, published a Medium Post BTFS will be a Fork and a EPFS. In the course of the progressive developments, the BTFS miz to be led to the existing BitTorrent Protocol. This means that BTFS is used to Store data, while the BitTorrent network is used to provide data storage. In this case, there will be a synergy from a total of five different interfaces: The BTFS network, the TRON network, the BitTorrent network, the TRONGrid service and BTT. As always, Justin Sun showed up on Twitter, aggressive, and has brought a comparison between BTFS and IPFS into the roles.

The Roadmap provides for the following important milestones:

  • Q2 2019: Start of the Testnets
  • Q3 2019: Start of the Mainnets
  • Q4 – There has to be a data catalyst, however, a few Details are yet known.
  • By the end of 2019 / beginning of 2020 – BTT TOken in BTFS integrated

Bitcoin to the Moon?

In view of the forthcoming development of Bitcoin, there are many expert price forecasts as the Sand of the sea. James Altuchter, best-selling author and managing Director of Formula Capital believes that Bitcoin is 1 Million USD can reach. The potential he sees in the money in circulation of Fiat money. Altuchter has adjusted his time frame is still bullish (freely translated):

How much paper money there is out there? It is 200 trillion dollars are around the world, and there is only about 200 billion Dollar crypto-currency. So that’s a 100,000% from here.

This could give Bitcoin a price of $ 8 million, so 1 Million dollars is a discount of even a price for it, while Bitcoin ultimately could go. If it gets there, who knows.

Bitcoin-COP Mike Novogratz, CEO of Galaxy Digital, in a new Interview with Bloomberg that Bitcoin will continue to pursue, in his opinion, by the end of the year, a seitswärts trend. The fluctuations in price will be between 7,000 and 10,000 USD (freely translated):

In the future, Bitcoin will consolidate probably between 7,000 and 10,000 US dollars. You know, trees grow to the sky. If I me crazy, crazy I think that I am in the advantage that there is enough excitement and momentum that could push it through.

Accounting giant Deloitte relies on Ethereum

The financial firm Deloitte, various services in the areas of business provides audit, Risk Advisory, tax Advisory and consulting, is currently testing its new to Ethereum-based data management platform, in the case of three Irish banks (freely translated):

The Institute of Banking (IoB), Bank of Ireland, AIB, Ulster Bank and Deloitte work together in the development of a new educational platform for the financial services industry that is based on Blockchain technology.

The new platform is a first in the European financial services industry and the Review, follow-up, direct access to and management of regulatory and other professional designations, educational qualifications and certificates for life will support lifelong Learning.

This new platform was developed in order to reduce the cost and the risk in the entire banking sector. If the Tests run successfully, an expansion, according to the statements of the company nothing in the way.

Featured Image: Bluemoon 1981 | Shutterstock

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