The first is Hayek's "DenationalBitcoin miningization of Currency", which mentioned a very important point: through the continuous competition and evolution of a large number of free currencies, high-quality and even the best currencies have emerged. This actually gave many people a brain hole, or a new understanding of the definition of currency. In fact, there is a state of competition and a competitive relationship between currencies. Currency issuance does not entirely need to be based on sovereign credit, but can be based on everyone's needs and use.
Bitcoin exchanges absorb about 25% of the annual supply. Although there are not many exchange-traded funds in the U.S. market, Bitcoin exchange-traded instruments have shown greater interest in buying and holding, thereby supporting the price of Bitcoin. The largest Grayscale Bitcoin Trust Fund (GBTC) is absorbing more and more supply from the market, but its premium is still falling.
According to Coindesk, the Ethereum network is increasingly being affected by its network capacity limitations. In this regard, Buterin told attendees that anyone seeking to create a decentralized Uber or similar application is likely to be frustrated with Ethereum.
Andreas Antonopoulos believes that bitcoin holders can invest money on the DeFi platform, otherwise your bitcoins are equivalent to lying dry and useless. Then, Bitcoin holders can use the lending services on these DeFi platforms to earn interest, and among the many platforms on the market, MakerDAO may be the best one.
Brad Garlinghouse is the CEO of Ripple, a payment network and protocol company in the United States. He was interviewed by reporters from Cointelegraph at the blockchain conference in San Francisco this year. He talked about the problems that Ripple can solve in the global market, as well as the company's government supervision and Traditional financial practices.
Hut8 was listed on the Toronto Stock Exchange in October 2019. The eBitcoin miningxchange has approved the newly sold shares to enter the market, but mining companies must meet the listing conditions, which include having more than 7.5 million Canadian dollars (about 5.5 million US dollars) in net tangible assets, such as new mining equipment.
On May 14, Bitcoin's average transaction fee reached $88, which is the highest level since June 2019. Similarly, on May 14, the median average transaction fee for Ethereum reached $0.25, which is the highest level since August 2018. When the trading area is relatively saturated, the median transaction fee tends to soar.
WinstonEdmonson named the cryptocurrency BlueCoin and proposed an economic model that allows residents to purchase tokens that can pay for the goods of participating companies. Companies that intend to accept this cryptocurrency as a payment method hand over a certain percentage of the transaction value to the Texas City Police Department. WinstonEdmonson pointed out:
However, after the birth of BCH, the difficulty of adjusting the difficulty of BTC and BCH in two weeks caused the difficulty of mining of BTC and BCH to not be adjusted in time with changes in relative income. When BCH is more profitable, all computing power flocks to BCH, and the block generation time is greatly shortened under the same difficulty. When BTC is more profitable, all computing power flocks to BTC, and the time of BCH block generation is greatly extended. This situation causes the block generation time of BTC and BCH to deviate by 10 minutes, which is fast and slow. BCH prices are low and volatility is particularly high.