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World Digital Asset Summit to debut in the United States: The premiere blockchain event heads to the San Francisco for its second edition

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World Digital Asset Summit to debut in the United States: The premiere blockchain event heads to the San Francisco for its second edition
Source: WDAS

Block72 and FBG Capital have announced dates for World Digital Asset Summit 2 [“WDAS2”], an annual summit designed to showcase the most cutting-edge and forward-thinking trends, technology and projects within the blockchain space.

The three-day event will be held at the Hyatt Regency in San Francisco from December 9th to December 11th. It aims to explore the potential of the blockchain industry by bringing together investors, thought leaders, educators, legislators, and enthusiasts, as well as combine innovation with real-life applications.

WDAS2 will host a collective of the most progressive, innovative, and pioneering individuals-not only those from the blockchain industry, but the world overall. The list of key speakers includes prominent leaders within tech, venture capital, media, and other areas.

Olaf Carlson-Wee, Founder and CEO of Polychain Capital, Hao Wang, Vice President at Sequoia Capital, Balaji S. Srinivasan, CTO of Coinbase, Michael Arrington, Founder of TechCrunch and Partner at XRP Capital, Nathaniel Popper, New York Times Tech and Finance Reporter, and Brendan Eich, Creator of the JavaScript programming language and CEO of Basic Attention Token are amongst the 80+ notable speakers and presenters as part of the impressive WDAS2 lineup. The full list of speakers can be found on the WDAS2 website.

The summit will feature over 30 panels and keynotes on topics such as “Traditional VCs Branching out into Blockchain”, “Asian Involvement in the Blockchain Market”, and “Regional Regulations”, among others. The event will also bring forward real-life applications relating to social improvement, gaming, and traditional enterprises, to name a few.

Additionally, in partnership with DoraHacks, one of the world’s leading hackathon organizations, WDAS2 will host its own 200-person hackathon on December 11th to unite developers from around the globe to solve the most difficult and cutting-edge problems currently present in the blockchain industry.

WDAS2 will focus on every aspect of the blockchain ecosystem, from investments and development to real-life applications. The intention is to showcase the brightest minds, ideas, and products that will shift the trajectory of our society and revolutionize the way the world views the blockchain industry.

Organizers Block72, FBG Capital, and GBIC are proud and excited to unveil WDAS2 to the world, an event one year in the making.

For more information, follow WDAS on:



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Ripple

David Schwartz of Ripple projects views on tribal behavior of crypto-industry

Priyamvada Singh

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David Schwartz of Ripple projects views on tribal behavior of crypto-industry
Source: Pixabay

In a recent podcast by Internet History Podcast, the Chief Technology Officer at Ripple, David Schwartz discussed the tribal nature that surrounds the cryptocurrency and blockchain space. Here, he addressed the issue as unfortunate and stated that the members of the space must understand that working together and in sync is significant to moving forward. In his words:

“They’re very much like religious battles. You have influential people who are committed to a position that like one digital asset is the best and they can’t acknowledge any of the strengths of others or the weaknesses of their own, which makes it difficult for people to make good decisions about you know which assets to use or what to use them for.”

He switched the subject to the workings of Ripple, wherein he explained that the company is focused on the use case of global payments but is also excited to see innovation in the space. Furthermore, he stated that he expects to see the XRP ledger be used in different sectors of innovation, moving beyond payments.

About tribalism, he said that there are certain social media platforms that fuel the trait, such as Twitter, mentioning the trend as hostile. He also said:

“Tribalism, it’s chasing a lot of people out of the space because of some platforms, particularly Twitter, is just extremely hostile and I think we need to fix that. Again, if the crypto markets are sending us any signals is that we’re all in this together and we need to work together to grow.”

The tribalism that he is referring to is evident in the space as the maximalists continue to promote their respective choice of coin while dissing every other token. This has also been observed in the Bitcoin ecosystem, wherein maximalists like Roger Ver and Tone Vays are involved.

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Altcoins

Tron [TRX] energy cost to be reduced from 20 sun to 10 sun

Priya

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Tron [TRX] energy cost to be reduced from 20 sun to 10 sun
Source: Unsplash

The whole cryptocurrency market has been witnessing a steep downward trend for the past couple of weeks. Even the major cryptocurrency like Bitcoin [BTC], Ethereum [ETH] and XRP, have lost the battle against the ice king. This negative trend has broken down most of the new projects in the market, especially the investors’ sentiments. There are also a few projects and team that are finding it hard to continue their operations because of the bear’s ever-growing presence.

Despite this, Tron [TRX], the tenth-largest cryptocurrency by market cap, continues to make advancements in terms of network development. Justin Sun, the founder and CEO of Tron Foundation presented the second proposal, Proposal 9, has been approved by 2/3rd of the governing body. The proposal is aimed at making the network a developer friendly environment by reducing the energy cost from 20 sun to 10 sun, which, in turn, reduces the cost of smart contact.

Justin Sun's tweet on the proposal | Source: Twitter

Justin Sun’s tweet on the proposal | Source: Twitter

At the time of writing, the proposal had received 22 approvals and no disapprovals. The representatives who voted for the proposal includes Justin Sun Tron, Tron Society, BitGuild, Tron One, Lianjinshu, uTorrent, Crypto Guy in ZA, Infinity Stones, Alle Exchange, Tron Alliance, TronWalletMe, Raybo Tron, BitTorrent, Blockchain Org, CryptoChain, Sesameseed, callmeSR, DApp House, Tron Spark, TRX Market, Sky people, and Tron Europe.

The first proposal of the month was related to maximizing the energy limit of the network, which was also aimed at supporting the developers of the ecosystem. The proposal was approved by all 28 Super Representatives of the network. Super Representative are the representatives of the community and validators of the node who are elected by the token holders. These representatives are given the power to vote for the activation of the features of the Tron Virtual Machine, with the focus on the betterment of the entire community.

Earlier today, the CEO of the Foundation spoke about how Tron surpassed Stellar Lumens, the fourth largest cryptocurrency by market cap. He said on Twitter:

“According to @CoinMarketCap, there are 159 trading pairs of #TRON which already surpassed 157 trading pairs of Stellar. #TRX was already listed on more than 100 exchanges, including Crypto/Crypto & Crypto/ Fiat trading pairs”

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