Categories
Crypto News

Ripple (XRP) And Zcash (ZEC) Might Get On Coinbase

Ripple (XRP) and Coinbase rumors are still alive today, although this time some actual evidence is in the background of the speculations. According to some of the most recent news in this regard, it looks like Ripple (XRP) and Zcash (ZEC) might indeed be the next two cryptos to be added by the Coinbase cryptocurrency exchange platform.

As we’ve learned already, any cryptocurrency that reaches Coinbase cryptocurrency exchange platform benefits from it to the maximum, with greater adoption, increased trading volumes, and, eventually, its price would surge. That kind of exposure is what Ripple (XRP) wants for a long time now but without any luck. The same is also applicable for Zcash (ZEC).

Coinbase launched a new cryptocurrency donation platform which accepts XRP and ZEC, among others

Coinbase CEO Brian Armstrong has recently launched a new cryptocurrency charitable platform entitled Givecrypto.org. In this way, crypto holders can give away cryptos to help people experiencing a financial crisis.

Nevertheless, what’s very interesting regarding this new crypto donation platform is the cryptocurrencies that are accepted. The complete list includes Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Zcash (ZEC).

Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC) are already listed on Coinbase cryptocurrency exchange, while Ripple (XRP) and Zcash (ZEC) aren’t.

Ripple (XRP) and Zcash (ZEC) could get on Coinbase cryptocurrency exchange platform

At the moment, nothing is suggesting that XRP and ZEC will make to Coinbase crypto exchange, as Coinbase is only connected to Givecrypto.org in the “background.” However, it would make sense for that to indeed happen, and here’s why.

The very list of accepted cryptocurrencies on Givecrypto.org indicates that Coinbase team knows that Ripple (XRP) and Zcash (ZEC) are two of the most-traded cryptos on the market, and both XRP and ZEC holders can give away some of their coins for a “noble cause.”

But, wouldn’t be stupid, to put it that way, that Coinbase to not list XRP and ZEC, thus, permitting users of Givecrypto.org to buy their Ripple (XRP) and Zcash (ZEC) from another place than Coinbase cryptocurrency exchange platform? In my opinion, Coinbase wants more and more trades and big investors, so they will soon ad both XRP and ZEC.

And, in the end, I guess listing Ripple (XRP) and Zcash (ZEC) on its subsidiary charity platform, Givecrypto.org, suggests that Coinbase plans to add these two very loved crypto soon.

Categories
Crypto News

Zcash (ZEC) Will Get The Overwinter Update Tonight, But It Was A Tense Journey

The Zcash Foundation went through a tense journey before the Overwinter update which will take place today, June 25th, at 9:08 PM EDT, at the block 347,500 of the Zcash (ZEC) main network. This update is not a bifurcation and will not create a new currency. In order to avoid problems in the update process, the Zcash team has extended the invitation to external developers to review the code versions.

This Overwinter update of the Zcash (ZEC) protocol is expected to protect against repeating transactions and will prepare the system for future code releases. Overwinter will serve as a stable base for the activation of Zcash Sapling, the essential software upgrade of the year that will take place by the end of 2018.

Third parties have already provided support for this update, including AirTM, Binance, Bitfinex, Huobi Pro, Gemini, and Exodus Wallet.

However, in the days leading up to the update, a debate arose on the economic status of those who contribute to the development of the network, following a release from D. Jane Mercer, who programmed codes to implement them in the Zcash wallets.

Zcash (ZEC) protocol is now ready to get the Overwinter update

Mercer threatened managers with halting development of Zcash’s Windows client for the upcoming updates planned on the network, according to the publication of the client in the Zcash forum. Also, there was the possibility of creating a hard fork and freeing a competitor “marked with another name,” in the so-called “Bitcoin Cash style,” from not receiving payment for his work.

Although, as Gareth Davies says in the same thread, the secure activation mode will by default include the older nodes that still use Zcash4win, who will be forced to upgrade to the legacy string before they can process transactions, so the Overwinter implementation will not bifurcate those nodes that run the software prior to WinZec version 1.1.0.

Mercer received funding from the Zcash community in the hours following its announcement. Accumulating the demanded 80 Zcash (ZEC), valued at $13,200, he later stated that he was satisfied while adding that he spoke with executives from the Zcash Foundation and solved the issues.

Yesterday, June 24th, Mercer announced on Twitter that it has already updated the codes for the Zcash Windows client, so it is ready for the Overwinter update implementation.

Exit mobile version