GUSD was announced by the Gemini Exchange and is subject to supervision by the New York Financial Services Authority. GUSD is a stable currency anchored to the U.S. dollar at 1:1. Being regulated by the U.S. government means that account funds will be audited every month. If there is a problem Bitcoin virtual debit cardwith the account, the U.S. government can freeze and other operations through law enforcement. It is reported that Gemini is the world's first licensed digital currency exchange.
According to AMBcrypto's report, in the past three months, Ethereum's usage indicators show that the number of empty blocks generated by mining has increased sharply, or poses a huge threat to Ethereum. Alex Svanevik, chief data scientist at CoinFi, believes that this situation is caused by spy mining. In response to the news, Yuchi responded exclusively to the statement that the recent spread of empty blocks in the mining pool would pose a threat to Ethereum is very wrong, and made relevant explanations.
One problem that the Russian cryptocurrency community is still trying to figure out is what the specific taxation rules look like. Russian President Vladimir Putin has ordered the cabinet and the central bank to make a decision before July this year. Many different proposals have been received, but the final decision is still based on the legal status of cryptocurrencies, and there is still no conclusion on this point.
Ivan Liljeqvist, the host of the IvanOnTechYoutube channel, once made a judgment that “Altcoins are developing well in 2020, and Bitcoin’s dominance has now fallen by 5%. This may be just the beginning. As altcoins continue to develop, their It is expected to fully surpass Bitcoin in 2021. It is expected that in the new year, Bitcoin's dominance will return to below 40% of 2018." From now on, this prediction does not seem to be very reliable.
In July 2016, the Ethereum development team modified the code of the Ethereum software to forcibly transfer all funds of TheDAO and its sub-DAOs to a specific refund contract address at block 1920000, thereby regaining the DAO controlled by the hacker The currency of the contract. Due to the different opinions of the community, the Ethereum blockchain has formed two chains, one is the original chain (ETC) and the other is the new fork chain (ETH), each representing different community consensus and values.
The first half of this article focuses on reviewing the recent 29-month history of Bitcoin and the smart contract platform Ethereum, discussing that BTC,Bitcoin virtual debit card as an asset based on consensus and concepts, is due to its own certainty and the great uncertainty of the surge in the external world. As a digital gold, Bitcoin can well meet people's needs. People use their feet to prove that the market fit of BTC's products has exploded. The author further inferred that Bitcoin will most likely become the first holy grail with a market value of US$1 trillion. Ethereum, as a representative of the productivity platform, as well as other productivity platforms, still needs to prove its own strength.
The second reason is that if you want to use partner companies and supply chain networks to make cars, you must be able to coordinate their work, and, by using telecommunications technology and computers more widely, you can handle this matter better. Computers reduce transaction costs, which is why Coase believes the company exists. This is a fundamental change.
Earlier this month, Nasdaq President and CEO Adena Friedman (Adena Friedman) stated that she believes that the crypto industry will play a role in the global economy in the future, adding that the technology itself is a Genius and creative invention.
One of the main motivations that motivated me to write this article was to identify a major misunderstanding, that is, Bitcoin's access to users' access to communication rights is different from the strong static guarantees it promises to users. As mentioned above, censorship will only occur during the spread of Bitcoin, so censorship resistance cannot be regarded as a characteristic of Bitcoin in an idle state.