Currently, within the crypto world there are two projects that raise passions and comments. The first of these is the famous virtual currency of Facebook, the Libra, which was announced in mid-June as a revolution in the world of crypto. And that is, the of Facebook would be a virtual currency different to any other, with the support of over 25 companies world-class gathered together in an organization known as The Libra Association, and a way of functioning that could end up placing a huge financial power in the hands of these companies. It is therefore not surprising that governments around the world have shown their concern at what, in his view, it would be a direct threat to their monopoly on the monetary policy, having Facebook and its partners control over a currency that although they promise that will administer transparently, as in the past have shown that they can break their promises. The second of the projects that seek to shake up the world, crypto is the Telegram Open Network (TON), the network that will support the criptomoneda promised last year by Telegram, the Gram, for which the source code will be released this Sunday September 1st, so that users can start running nodes of the Blockchain. If Facebook came into the world crypto promising a change according to your parameters, suggesting what could be a turning point in the conception of the Blockchain, since the decentralization towards concentration of power in a group of big companies, Telegram is the opposite. And it is that, while Facebook seeks position to Pound on top of the other virtual currencies, nudging, Telegram comes with a different conception, focused on decentralization, the protection of the user information and the collaboration between projects in cryptography, that allows to improve the functioning of the technology Blockchain and its positive effects in the real world. Therefore, repeated within the world of cryptographic what we already see in the world of instant messaging, where Whatsapp, owned by Facebook, you must make an application that prioritizes the user’s privacy as it is Telegram. The last of the movements made by Telegram to strengthen its network, with a view to the future development of your criptomoneda, is the announcement of the compatibility between TON and Ethereum, so that all of the innovations developed by the developers of Ethereum, may be applied to the Blockchain of Telegram, creating a greater level of integration between the two chains of blocks. This gives us an idea of the intentions of Telegram for your criptomoneda, and that’s why we chose this as our Data of the Day in CriptoTendencia, as we develop the events, the progress they make Telegram and Facebook in their respective projects, will be of vital importance to define the future of technology Blockchain. The following two tabs change content below. Student of International Studies, interested in issues of economy and international politics. Passionate about the progress of the Fourth Industrial Revolution in general and the cryptocurrencies in particular.
Contents