CoinGecko Read of the Day (March 12th 2019)
![2.jpg](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmaqksv8zihbMdMHMJpqF5BR4SSnuA2zjqn39qBDnbEcis/2.jpg)
Hello Steemians!!
There are some exciting news today that we'd like to share with you!
1. Sparkpool Splits the 2100 ETH with Accidental Sender
So a few weeks back, someone accidentally sent 2100 ETH in Transaction fees by mistake, that's $300,000 Dollars in Fee alone!!! R.E.K.T!!!
But the story actually just had a good ending!
Incidentally, Ethereum mining pool Sparkpool is on the other end of the rekt moment and received the 2100 ETH for mining the block with that transaction.
Sparkpool has verified the accidental sender and agreed to split the amount.
In a message embedded in a transaction hash, the sender thanked Sparkpool for their integrity and agreed with the amount split.
2. Bancor launches new Cross-chain wallet on BancorX
Bancor (BNT), a decentralized liquidity network, has announced the launch of its new Bancor Wallet.
Users can sign up for the wallet through Bancor's cross-chain platform BancorX.
Users can get a new EOS account and easier access to cross chain liquidity between EOS and ETH network using the new wallet.
3. Paxos’ Precious Metal-Backed Cryptocurrency to Launch This Year - CEO
In an interview with Fortune, CEO of Paxos Chad Cascarilla said that precious metals backed Paxos tokens will launch "definitely this year,".
“In order to put something in a blockchain, you have to make sure you have the right amount of inventory in the real world versus what is in the blockchain."
While the company is planning to launch its precious metal-backed coin this year, Cascarilla said that Paxos has not set the exact date yet.
4. Kakao Corp raises $90M Private Coin Offering for its Blockchain Platform
Kakao Corp., the parent company of a South Korean messaging app KakaoTalk, raised $90 million in a private coin offering
The blockchain platform dubbed Klaytn is planned to launch in June.
Klaytn already has 26 partnerships lined up with apps that already have millions of daily active users.
Okay: Real Talk,
We're curious to learn more about the Steem community. Specifically, What do you like / don't like about CoinGecko.
What's some things you want us to improve on (something we're bad at) or what's something we should double down on (something we're doing that you like).
We're all ears.
.:: >90% upvotes to all the helpful feedback in the comment! ::.
P.S.
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It's great to have you posting useful information here!
I used to follow coingecko initially for tracking steem prices but later had to switch to CMC since CG includes volume from exchanges where there is zero transaction fee hence lots of spoofed prices .
I wrote about it few months back:
https://steemit.com/teamaustralia/@itstime/how-to-manufacture-a-steem-price-pump-here-is-how
I love that you are here and actively posting @coingecko. We need more crypto bigwigs here. I use your site to check prices and check exchange rates daily. I'm thrilled for your contests since I am a contest junkie.
I have no criticism. I like seeing posts like this one:
https://steemit.com/coingecko/@coingecko/we-re-seeing-some-impressive-gains-today
Maybe once a day or once a week with analysis would be helpful to all steemers. Many like me are very new to crypto only because of steem and any knowledge we can get helps.
I also think you told me you are in KL like me on another comment. I would love it if you would join @teammalaysia on their discord and come to our meetups and even organize some. Malaysia is a hotbed for steem and all things crypto from what I can tell as a long-term guest in this country.
If I am wrong about your location - please join the local community wherever you are. The personal touch goes a long way here.
I already voted for you as witness and I am tweeting this post to get others to come chime in :)
Nice news information. I was hoping to see the news of steem hiting $1
Hi friend @coingecko Wow !!! Good update.
Thanks for sharing news updates.
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Precious metal backed coins are security coins. You can move them around trustlessly but their representation of an underlying asset requires a huge amount of trust. Decentralizing everything can only take place if the physical world is controlled by software, too. That means that the police and the military need to be robotic and their operating systems decentralized if they are to be decentralized.
I can’t wait for metal backed tokens to become more popular! I am somewhat hesitant as the liquidity has not been very interesting for such a large potential market!
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