Highlights: ERC-1155, Nano scalability, and FOMO3D FUD update.
Source: Enjin
Enjin has deployed ERC-1155 to their mainnet, a smart contract that manages other tokens and improves efficiency. The smart contract can manage fungible, semi-fungible, and non-fungible tokens, and is marketed as a potential replacement for the ERC-20 and -721. Enjin has already minted 3.8m worth of EnjinCoin ($242,000) in assets, and says the use cases can go beyond their primary target of gaming.
Source: Reddit
Earlier this week, we reported on an upcoming Nano update that, among other things, aimed to improve the scalability of the network. A Reddit user today posted a nice summary of the update and highlighted just how significant it is. Nano is implementing features to reduce voting traffic, the primary barrier to scalability in its delegated proof-of-stake system, by up to 99.9%.
Source: CoinMarketCap
We noticed some unusual volume on Ethereum today - namely, the EXX exchange is listed as having a nearly $12.4 billion dollar trading volume in the last 24 hours. Compare this with Binance at $80 million, and that puts EXX at over 155 times the volume. The speculation is wash trading, but that would be an extreme explanation for such high numbers.
Source: FOMO3D
Yesterday, we posted a video addressing concerns about the new Ethereum game FOMO3D, after the game’s initial pot reached over $1 million in the first two hours. The worry was that if the pot was never claimed the game would quickly spiral and become more and more attractive to attack. However, as of the time of this writing, three rounds have already completed and the pots have been reset.
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