Jordan Lee, the team behind Nu network claims to have a solution for Bitcoin’s high volatility.
Creator - Jordan Lee
Date launched - September 2014
Algorithm - NuBits-for-NuShares burning
Jordan Lee, the team behind Nu network claims to have a solution for Bitcoin’s high volatility. They say that bitcoins (much like almost any other cryptocurrency) act as a kind of shares for the whole of Bitcoin network, and the price volatility, that comes from that fact, precludes them from being effectively used as a currency.
To solve that, Nu team proposed to actually separate the currency (NuBits) and the shares (NuShares) from each other in their network – an idea that has apparently met a certain level of success, earning Nu the 14th place in this list.
Tether, the first blockchain-enabled platform to allow fiat currency to be used like bitcoin, has officially been released on the instant crypto exchange, ShapeShift.17547
- Notorious 'Hacker Group' Allegedly Involved In Exco.in Theft, Owner Accuses CCEDK of Withholding Info
The hacker group known as DD4BC, who previously attacked Bitalo.com and Nitrogensports.eu appears to be behind the Exco.in hack. Exco.in is also accusing CCEDK of withholding his info.647