And DOGE still in the green.

Even a Crypto that started out as fun proved it can be serious business.

Big deal? Yes...

This one you may have missed. Maybe because all the fights over at the Bitcoin Cash part of the Cryptos realm. Where there will be a third version that will make sure the BCH blockchain will move on as it is. It is the Cobra version that will have replay protection build in, so transactions are safe. All the BCH fighting caused a severe drop for its value already, while the orginal Bitcoin, BTC, got struck too. Much blood on the Crypto streets.

Twinty billion, a double bear dump and then they ran away. This was caused by some fake news about Goldman Sachs, that even mainstream media copied. But the biggest drop was caused by a Bitcoin 'Whale' that decided to dump about 111'000 BTC and BCH on the market. Silent since 2014, but suddently decided to get rid off it all at once four years later...!? And then the bears started to run in blind panic shouting: "SELL, SELL, SELL!". Like a bunch of whining sissies.

Except for one, that still got green candles, Dogecoin. The little Crypto that could, kicked some silly bears asses and had its own bull run! And even in the midst of a 20 billion drop, it stayed stable, while recently even gaining again. So, what the bleep is going on? Why are the 'Dogecoin is just a silly joke!' people not pointing and laughing anymore? Well, contrary of all the FUD {Fear, Uncertanty, Doubt} Dogecoin is still being developed. Besides being fast and cheap...

Serious fun!

The reason for this gain in value for DOGE is that there was a succesfull bridge made between Dogecoin and Ethereum. Now, please be aware, although this blockchain bridging project is known as DogEthereum it is different from dogx. That one is just creating yet another ERC20 token on the Ethereum blockchain, taking advantage of the hype around the real DogEthereum bridge developement. Which is actually great for all Cryptos.

On wednesday the fifth of september 2018 blockchain history was written. The succesfull bridge between the Dogecoin and Ethereum blockchain is a great step forward for all Cryptos. In this connection DOGE was succesfully moved back and forth between the Ethereum and Dogecoin blockchains. That is another important step in decentralization for all Cryptos. While others want to get governments and banks in, moving their huge blocks into a regulated central control system, Doge came to the rescue!

The substantive Cryptos realm

The succesfull bridge between the Ethereum and Dogecoin blockchains will jumpstart further developement towards complete decentralization. Cryptos as a true self regulating, self substaining, substantive decentralized system. If I want to send any kind value, receive or hold, then that is my business. And if I want to put a contract on a blockchain, publish on or share and store digital objects, it is my liberty to do so. That is where we can be heading towards.

Regulations made by the banking monetary governance system will try to keep things under its central control. But the idea will carry on, it will get adapted and spread out, more and more. This bridging done between Dogecoin and Ethereum is a next important developement step. It is secured by mathematics, trustless, decentralized and substantive. Another breakthrough that can be applied to most Crypto blockchains. This is not just a great achievement for Dogecoin, but it will have a huge impact on all free and open source blockchains that have a token, or more, of value connected to it.

May the Cryptos be with us!

The young bull ready to run.

Photo cc-by-sa @oaldamster.