Vitalik Takes Algorithm From 1982 Solves 51% Attack Problem


On today’s episode of The Cryptoverse I would like to talk to give you an update on the Brian Armstrong collectable I bought yesterday, Vitalik’s new consensus algorithm that effectively solves 51% attacks and I’d like to bring some mental clarity to a headline about Tether printed by Cointelegraph.
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https://cointelegraph.com/news/cryptos-see-widespread-green-but-total-market-cap-remains-close-to-3-month-low


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Michael Bloomberg looks better as a Crypton than in real life... LOL! Thanks for the info Chris, great video!

I've lost him :(

I still find it incredible that there is so much controversy regarding the concept of Tether. While I agree that not having audited reports demonstrating the fiat reserves of the tokens in circulation, I think that if they did not exist it would have imploded by now given the hige decreases in prices we have seen in the crypto market as many would have sold into Tether before exiting the market completely. The concept is simple; when demand increases more tokens are needed to maintain the price at $1 while the reverse is true as well. The total market cap being over $200 billion and with the daily volumes being what they are, I don’t see it unreasonable for Tether to have about a 2% market share; probably seems low given the sentiment and people on the sidelines. However, if still skeptical, just don’t hold any as other alternatives already exist while not as liquid or broadly available on exchanges.

Could you please put a link in the description to your EOS channel. I remember you said you would create a separate channe, but I can't find it. Thank you :-)

Click on "channels" in The Cryptovese and you'll see it. Here's the link
https://www.youtube.com/channel/UC-pGtazr7k8HG_Sge6s_lbw

Thank you. I reckon Chris would bring more traffic to EOS site if he had a link in the description under other channels

Interesting collectible game. I do wonder how much longevity these NFTs have post hype - even Cryptokitties only has a few hundred daily users now.

As you're interested in the cryptosphere, maybe you would like to earn some more by becoming a Trivial token analyst?

Basically, I want to create some up-to-date reviews of the more popular tokens, focusing on fundamentals and usage.

To build it out, I am crowdsourcing the initial content, and getting in touch with a few bloggers from Steemit who analyse crypto. I'd be delighted if you considered writing about a token that interests you, and will pay $30 in ETH or STEEM for your time and effort. You'll be free to publish on Steemit as well, so you can also earn whatever post earnings you get.

More details here: https://steemit.com/cryptocurrency/@sroka87/become-a-token-analyst-on-trivial-co-earn-steem-eth

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