Top Crypto Releases to Watch at The Beginning of Sept '18

Top Crypto Releases to Watch at The Beginning of Sept '18

Following VeChain, Vice Industry Token, Cardano, Komodo and WandX

Press Events

VeChain (VET) 05.09 — VeChain attends a conference by a large car company

The event is said to be organize by an aggressively-green major automobile company. Some speculate that Tesla is the company in question.

Core Tech Issues

Vice Industry Token (VIT) 05.09 — Vice Industry Token goes live

Vice Industry Token, Inc., a blockchain platform for adult entertainment, allows producers to efficiently monetize their content by rewarding viewers.

Cardano (ADA) 06.09 — Cardano updates its roadmap

Cardano is currently in the Byron phase, which includes code optimization, debugging, and the Daedalus design refinement.

Komodo (KMD) 08.08 — Komodo introduces major changes to the blockchain codebase

These include: no Free-For-All mining periods; holdings must be moved monthly (previously yearly) to claim rewards; and four UTXO-based (Assets, Faucet, Rewards, and Dice) contracts will be launched.

WandX (Wand) 09.09 — WandX desktop wallet goes live

The wallet supports the Wand DEX on Ethereum (ERC-20 tokens, ERC-20 token baskets) and NEO (NEP5 tokens, NEP5 token baskets).

Related news

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VeChain Price Surges With Mainnet Upgrade

Crypto markets may look a little flat after last week. But that’s not the case for the logistics and supply-chain network, VeChain Thor (VET), whose token price has surged following a mainnet upgrade that will allow users to delegate their transaction fees. The latest movement follows a sharp drop in VeChain’s market capitalization, which fell to $270M last Wednesday. It pulled back above the $300M threshold by Thursday afternoon and reached $336M by the start of the week. The total value of the VeChain network surged by $10M over the course of the day. Token prices reached $0.006 each, giving VET a market cap of approximately $347.4M at the time of writing.   Source: CoinMarketCap   VeChain is a Blockchain-as-a-Service (BaaS) platform, designed specifically for the logistics and supply-chain industry. Based in Singapore,  the project plans to replace the legacy system with a distributed ledger, complete with a smart contract layer, to address many of the industry’s existing pain points. But the project had a volatile spring, with the market cap climbing to $520M in June before last week’s drop. Within the ecosystem, users can stake VET tokens to receive payouts in VeChain Thor (VTHO) tokens, which are used to pay transaction fees. Today’s upgrade – known as VIP 191 – is designed to make the core blockchain a little morefriendly to third-party developers as well as end-users. It allows users to send tokens without incurring VTHO transaction fees. Instead, the sender can delegate transaction fees to the applications they’re using. VIP191 was proposed in mid-May by Totient, an activist crypto hedge fund. Dubbed “The Key To Mass Adoption” in the initial documentation, Totient described their proposal as an “innovative feature allows anyone to use a decentralized application regardless of their knowledge of blockchain technology by removing the toughest barriers for adoption. By bypassing the complicated process of purchasing VTHO tokens, the upgrade can help streamline the user experience, making VeChain more competitive. The upgrade also allows dApp creators to adopt new pricing models, such as fiat-denominated subscriptions. Mass-adoption still evades multiple cryptocurrency projects. The new upgrade may take some of the complexities out of blockchain and could go a long way towards making VeChain usable on a daily basis.   The post VeChain Price Surges With Mainnet Upgrade appeared first on Crypto Briefing.

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