Satoshi Summary-Tuesday November 27, 2018 Edition

Image by Pete Linforth from Pixabay

November 27, 2018
by Sharon Moran

Satoshi Summary is a Cryptobellum exclusive named in honor of the pseudonymous creator of Bitcoin. It provides a carefully curated look at the most noteworthy developments in the blockchain and cryptocurrency space.

If Bitcoin were a Titanic-like movie, it would benefit right now from a modern-day Unsinkable Molly Brown and an alternate ending.

Bitcoin sinks as cryptocurrency sell-off gathers pace

Analyzing the blockchain to identify criminal activity is a far cry from the archaic methods the FBI had to use to gather evidence in the movie Goodfellas, causing Joe Pesci’s character to cover his mouth so the paid lip readers can’t see what he’s saying

Tracing Illegal Activity Through The Bitcoin Blockchain To Combat Cryptocurrency-Related Crimes

And speaking above of mafia characters on the big screen, this real-life criminal fringe has capitalized on blockchain technology. The following article barely reached the curation threshold because I find the use of the word elite obnoxious in most contexts, except when used to refer to high-performing athletes. In athletics, at least there are measurable, quantifiable criteria for determining what is considered elite.

‘Mafia’s Banker’ Creates An Elite Members’ Club – Via Blockchain

Bitcoin detractors always seem to become most vocal in a declining market, and the recent drop in bitcoin’s price has caused them to add to the already-long list of bitcoin obituaries

Bitcoin is on track to do something it hasn’t done in 4 years

Will the Real Ethereum Please Stand Up? Ethereum Classic is the original Ethereum. It rarely receives mainstream coverage, partly because Ethereum has a large community surrounding it, including the Enterprise Ethereum Alliance, which boasts hundreds of corporate members. While the article I’ve included below focuses on the potential for financial returns, Ethereum Classic is focusing on interoperability and will likely end up with a more sophisticated codebase long term. Ethereum Classic survived the initial backlash following the DAO hack. It’s safe to say many strict Ethereum adherents relished in the idea of Ethereum Classic failing, but not one Ethereum Classic proponent wanted to see Ethereum fail.

Ethereum Classic price predictions 2018: The cryptocurrency can provide almost fivefold return – USD/Ethereum Classic price analysis – Ethereum Classic News- Mon Nov 26

About Cryptobellum 69 Articles
Cryptobellum is a digital publication of Telesto Studios, LLC focusing on the cryptocurrency market and the underlying blockchain technology that fuels it. Created and managed by Sharon Moran, Cryptobellum also provides original features and covers AI and other technological advancements.