Altcoins like Ripple, Ethereum, and Tron posting significant gains in the first week of 2018. Decred Project Lead Jake Yocom-Piatt explains why these alternative currencies are surging. "For all we know Bitcoin may fall, but for right now it's the dominant cryptocurrency," said Yocom-Piatt. "Currently there's 1,500 cryptocurrencies out there and the collective market cap of these keeps going up." Decred's market cap has recently exceeded $700 million. Yocom-Piatt says he's seen a 200 x increase in exchange rate. Decred is centered around decentralization. "It's nice to see the financial metrics catching up with what I perceive to be the technological achievements," said Yocom-Piatt.

Share:
More In Business
How Landlines Lost the American Public
During AT&T's widespread outage Thursday, landline phones were a working alternative — which most of the U.S. does not have. Over half of Americans are estimated to have ditched landlines altogether.
Ending the Black Maternal Morbidity Crisis
Jade Kearney Dube, Founder & CEO of She Matters talks the Symptom Tracker app, cultural competency for healthcare providers, and being a Black woman CEO looking for funding.
Load More