"Bitcoin with always soft fork" is more like a kind of "coin", Bitcoin price APIand "Bitcoin with hard fork" is more like a kind of "software". As mentioned in the second part, most people who participate in Bitcoin are motivated by economic interests and come from a wide range of sources, and they are not members of the software open source community. All versions of the wallet only contain one currency, not all versions of the software. The currency of each software is different, it is multiple currencies. This is a very simple understanding, and with the expansion of non-technical people, how to explain to the general public the technology of software forks, the burden is getting heavier and heavier. All versions of wallets can send and receive one currency, namely Bitcoin, without this burden.
The Grin mainnet went live on January 15, 2019, which happens to be the tenth year of the Bitcoin creation block. Bitcoin is the world's first blockchain. There is no leader, no ICO and pre-mining. In addition, there are some important characteristics that make Bitcoin so influential.
2013 Toyota Camry, 8,000 pounds of pasta, 21-day cruise suite, 1,000 N95 masks. The cost of all these things now exceeds the cost of a 51% attack on the Bitcoin Cash network in one hour. This Bitcoin clone with a larger block size ushered in the block reward halving for the first time on April 8, and its block reward was reduced from 15BCH to 25BCH.
Swensen's support for crypto assets is significant because he is considered a pioneer in the field of institutional investment. For 30 years, he has managed one of the most watched and best performing university endowments. Many other endowment funds have tried to replicate his investment model, which tends to invest in a longer time span and invest funds in more illiquid assets, including private equity.
At that time, Mubarak Rashid Al-Mansouri, governor of the UAE Central Bank, informed the public that the institutions of the two countries were still studying the technology needed to implement digital assets. However, he is cautious about the final implementation work. He said that this cryptocurrency will be used among the central monetary authorities, and retail consumers cannot use it.
In addition, it is more difficult to use relative valuation models (different types of assets, or the same asset in a relative time) in a new field such as cryptocurrency. For example, if you think that Litecoin is a network with a higher growth rate than Bitcoin, then by definiBitcoin price APItion, it is reasonable to first accept the price of Bitcoin, and then Litecoin should be traded at a multiple of 2 times the Bitcoin NVT ratio.
According to a blog post by Bitfinex, like many other bidders, the cryptocurrency exchange Bitfinex is making promises with its own trading servers, stating that these trading servers will be subject to round-the-clock, military-level security if they act as super nodes. monitor. In addition, the exchange is developing EOSfinex, a decentralized trading platform based on EOS, and promises to organize programming marathons, developer gatherings and online/offline seminars to promote the promotion and development of EOS.
The market price of DAI is less than $1: At this time, the target price change rate will be increased, so that the target price will rise, and the CDP mortgage debt ratio will decrease. That is to say, you may only get 50 DAI when you mortgage 100 ETH. This way suppresses the supply of DAI. On the other hand, due to the increase in the DAI target price, there will be an influx of speculators leading to an increase in purchase demand. Reduced supply and increased demand will increase the market price of DAI and approach the target price.
The most direct factor leading to the new high of bitcoin prices is the supply and demand relationship of bitcoin transactions. The second-level influencing factors are directly related to Bitcoin transactions. For example, Singapore and Hong Kong have recently approved compliant encrypted digital currency transaction services. Institutional investors and high-net-worth customers in these two regions can participate in bitcoin transactions in a legal manner. In the US market, CME plans to launch futures trading based on Ethereum next year. PayPal recently started to provide its users with bitcoin trading services. In addition, the increase in Bitcoin holdings by various mainstream financial institutions is also a further recognition of Bitcoin. The above factors all make the market expect a large amount of funds to flow into the Bitcoin trading market, thus pushing Bitcoin to a record high. Moreover, the rapid growth of Bitcoin prices this time is fundamentally different from the growth in 2017. The growth factors that led to this time include a more friendly regulatory environment, a more stable market infrastructure and the entry of institutional investors. The increase in 2017 was mainly the result of retail users' speculation in the market. So this time the growth has a more solid foundation. Although the price trend of Bitcoin will still fluctuate sharply in the future, its growth trend is certain.