Bitcoin Magazine’s Week in Review: Lightning, Launches and Broken Promises

Bitcoin Magazine’s Week in Review: Lightning, Launches and Broken Promises
A handful of projects brought their tech to life this week, introducing new payment systems and coins to the industry’s offerings. Meanwhile, Bitcoin’s Lightning Network makes headway for the dev community, and one of crypto’s older and more respected exchanges (arguably) takes a step against the space’s principles.Finally, in a spurious game of he-said-she-said, a report from Business Insider, which was in turn picked up by various outlets, gets blasted by Goldman Sachs as fake news.Stay on top of the best stories in the bitcoin, blockchain and cryptocurrency industry. Subscribe to our newsletter here.Projects Get off the GroundIBM Introduces “World Wire” Payment System on Stellar NetworkA Newly Launched Stablecoin You’ve Never Heard of Is Coming to StellarIBM launched its much-anticipated payment network on Stellar’s blockchain this week. Like Ripple, the protocol intends to give financial institutions a fiat-to-crypto bridge to streamline cross-border payments.“IBM’s implementation of the Stellar protocol has the potential to change the way money is moved around the world, helping to drastically improve international transactions and advancing financial inclusion in developing nations,” Stellar Co-founder Jed McCaleb told Bitcoin Magazine.In its own corner of influence, the little-known stablecoin project Kowala launched the alpha version of its mainnet this week. While not as famous as its fiat-back... For Further Information Click on Below Button
Show More

Comments