In times of mounting pressure on crypto companies to comply with expanding due diligence requirements Poloniex has taken a step in the opposite direction The exchange is lifting restrictions that applied to unverified users in response to customer demand New and current accounts will enjoy access to unlimited trading and deposits

On December 5 Stellar Executive Director Joyce Kim disclosed news of a ledger fork related to a failure of their consensus system The consensus system used by both Stellar and Ripple have never been used at the scale Stellar is implementing and the system failed to reach consensus causing a fork in the ledger Stellar has about 140000 active accounts per week and over 3 million total accounts The maximum number of total accounts the Stellar consensus mechanism has previously supported is 288 million

As bitcoin price continues to hover around 8000 some cryptocurrencies namely Litecoin LEO and Binance Coin have somewhat managed to steal the spotlight in recent days and are probably worth keeping an eye on in the short to medium term

In times of mounting pressure on crypto companies to comply with expanding due diligence requirements Poloniex has taken a step in the opposite direction The exchange is lifting restrictions that applied to unverified users in response to customer demand New and current accounts will enjoy access to unlimited trading and deposits