Daily Recap: Ethereum more decentralized than bitcoin, $99 million in LTC moved with $0.40 fee

As we could expect, Sunday was a slow news day but there were some gems we could pick out for you.

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  • Good news for Qtum holders – Energo Lab Foundation, based in Shanghai, has switched it’s renewable-energy trading token, Energo (TSL), from Ethereum’s ERC20 framework onto the Qtum mainnet. QTUM is one of the main competitors to ETH, along with NEO.
  • Ethereum community is voting – the most fascinating vote in the crypto space has been on-going for the past four days, with three more days left on the question of whether Parity’s 500,000 eth should be restored. Current results are: some 67% of all voting ethereums, say No, while 263,000, at 33%, say Yes.
  • ETH more decentralized than BitcoinThe data shows that the [Ethereum] nodes are geographically more distributed round the world. Ethereum nodes tend to come from all sorts of places, smaller networks, and homegrown entities, as opposed to Bitcoin nodes, which tend to be located in data centres. Our study found that the majority of Bitcoin nodes, 56%, are in data centres.
  • Stellar Lumens confirmed more than 30 partnerships with financial institutions – Last year, Stellar announced it was partnering with Dow blue-chip IBM, which will provide the network with eight new validators. The Stellar company has also confirmed that 30 financial institutions have signed up for the blockchain banking project.
  • Move $99 million for $0.40 fee. Possible thanks to Litecoin – $99 million-worth of litecoin was sent between two cryptocurrency wallets in a single trade on Thursday
  • High court in India might reverse bank decision on crypto ban – The High Court of Delhi has reportedly issued a notice to the Reserve Bank of India (RBI), the Ministry of Finance, and the Goods and Services Tax (GST) Council alleging that RBI’s decision to end dealings with crypto businesses violates the constitution, local news outlet Times of India reports today, April 22.
  • Peter Todd slowly changes his mind on Lightning Network – Peter Todd has a checkered past when it comes to Bitcoin’s premier scaling solution. After months of issues and doubts, it now seems he has finally made some progress. This is partially thanks to the hard work by the Acinq developers.
  • 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased – A global study of cryptocurrency purchases made by users of Visa, Mastercard, and Unionpay cards shows that 89% of respondents are knowledgeable about crypto and 53% have purchased some in the past 12 months.

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

Rene Peters

Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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