Want to exchange cryptocurrency "instantly"? Kyber Network (KNC) is here to help and has released its beta exchange to the public. We also talk the #3 market cap, Ripple (XRP), in this 29th Cup of Coffee 'N Crypto.
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In this DSound exclusive audio, we go more into detail about the following information and more:
Kyber Network (KNC)
Like Bitshares, Kyber Network is a decentralized exchange that helps facilitate "instant" transactions and exchanges of cryptocurrencies and tokens.
Built on Ethereum, Kyber Network is an on-chain protocol that helps crypto traders exchange cryptocurrency with no market order book or personal log-in information.
The Kyber Network also is a payment network that allows users to pay in any cryptocurrency and facilitates the process so that the business owner can receive the cryptocurrency in his preferred crypto.
Another awesome aspect about KNC is that is you can execute high level financial trades and instruments such as derivatives. This will sure appeal to the traders and large financial organizations.
KNC just added some tokens and are increasing their marketing. Is driving the price increase or is it their new rewards program driving the price up of this exchange?
More information in audio.
Ripple (XRP)
One of the mainstream's favorite crypto, XRP, is making "big" gains again.
XRP is the company Ripple Labs' cryptocurrency with the blockchain being called Ripple and is a semi-permissioned blockchain meaning some parts of the blockchain are open to all and then some are not.
This is great for financial institutions who want to only transact with a certain group of parties. And this is one of the major target markets of the Ripple blockchain.
They have partnerships with major banks all over the world and major financial transfer businesses like Moneygram.
Is this price boost due to its 4 second block times and 1,500 transactions per second or is it due to the rumors that it is becoming available on Coinbase.
More information in audio.
Hope this DSound audio helps provide value to you while you navigate this cryptospace.
Other Cups in this Series:
- Cup #28: ZIL & DGD
- Cup #27: FUN & BAT
- Cup #26: NXS & ICX
- Cup #25: GNT & GTUM
- Cup #24: REQ & EOS
- Cup #23: DENT & USDT
- Cup #22: RDD & OMG
- Cup #21: POLY & VEN
- Cup #20: LINK & XVG
- Cup #19: XEM & ENG
- Cup #18: ETC & GXS
- Cup #17: CVC & LSK
- Cup #16: AGI & CNX
- Cup #15: R & SNT
- Cup #14: NAS & XRB
- Cup #13: PPT & ICN
- Cup #12: KCS & Dragonchain
- Cup #11: RaiBlocks, DigixDAO, & AE
- Cup #10: IOST, PART, & Hshare
- Cup #9: CND, SRN, & NXT
- Cup #8: Stratis, NEO, & PPY
- Cup #7: NEBL & SC
- Cup #6: NEO, GAS, & STRAT
- Cup #5: EOS, STEEM, & BTS
- Cup #4: SMARTCASH & VEN
- Cup #3: XRP, ARK, ARD, & BNB
- Cup #2: TRON, EOS & BTS
- Cup #1: Cardano, XRP, & TRON
Much love and appreciation for your time and attention.
Sources:
- https://home.kyber.network/
- https://home.kyber.network/assets/KyberNetworkWhitepaper.pdf
- @thecryptotea/decentralized-exchange-kyber-network-launch-rewards-campaign-and-updates
- https://themerkle.com/what-is-kyber-network/
- https://coincentral.com/kyber-network-beginner-guide/
- https://coinmarketcap.com/currencies/kyber-network/
- https://ripple.com/xrp/
- https://ripple.com/files/xrp_exchanges.pdf
- http://www.businessinsider.com/ripples-xrp-price-surges-on-new-coinbase-rumors-2018-3
- https://www.coindesk.com/xrp-fits-ripples-payments-products-explained/
- https://hackernoon.com/the-ripple-currency-problem-why-permissioned-blockchains-will-devalue-xrp-d79aef84c074
- https://globalcoinreport.com/ripple-xrp-ripple-and-the-amazing-2018-partnerships/
- https://coinmarketcap.com/currencies/ripple/
Image Sources:
- Blog header created by myself
- Screenshots by myself from coinmarket.cap.com
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