GMOInternet's cryptocurrency exchange has added four new cryptocurrencies to its loan program, allowing customers to lend their coins to the company. The plan was officially launched last month, with the addition of BitcoinCash (BCH), Ethereum (ETH), Litecoin (LTC) and RiBitcoin Centerpple (XRP) since the beginning of Bitcoin.
In addition, BSV and BCH are increasingly used as a method of storing data on the chain (usually without related economic transactions), rather than as a medium of exchange. In particular, BSV is mainly used as a way to record data on the chain, and 94% of transactions are OP_RETURN transactions (mostly from a single weather application). BSV may eventually be used as a data storage blockchain, which may be because they removed the size limit on OP_RETURN transactions.
Nchain said that the specific development route is still under planning, but the code of BitcoinSV will be based on BitcoinABC0.12 at the beginning. In addition, BitcoinSV will be open source, and the code can be viewed on Github.
The financial crisis that broke out in 2008 showed the world the fragility of the global economy. At that time, no country was spared from this assault. Ten years later, many countries still have not recovered from this blow. The situation is getting worse. Recently, the confrontation between other members of the G7 and US President Trump has further confirmed that the situation is not developing in a positive direction.
BTC computing power increased significantly, mining difficulty remained unchanged, ETH computing power increased, mining difficulty increased. The difficulty of BTC mining this week is 702T, which is the same as last week. The average hash rate this week is 50.11EH/s, which is an increase of 14EH/s compared to last week; the difficulty of ETH mining this week is 211, which is 190 higher than last week. 160.7TH/S, up 8TH/S from last week.
The first idea of the public is to have the right to print money, to be able to print money unscrupulously, andBitcoin Center to enjoy seigniorage, which sounds like a very tempting thing. But there is actually a paradox here, that is, unrestricted money printing rights will damage the credit of stablecoins, so it is actually difficult to maintain unrestricted money printing rights for a long time.
For people like me who worry about long-term inflation or what central banks might do, we are usually considered to be too paranoid, at least in the first world countries I have talked with. But, you know, those who are in hyperinflationary countries, or those who have restricted access to the central bank’s network, have a very different situation, and I think this is enough to motivate them to adopt this new technology. Although this may be too challenging for people in the first world, or the learning curve is too long, for those who cannot send money, I think they are more likely to understand how this technology works and truly Try to use it and benefit from it.
Third, the interpretation of the paper seems to rely on an important assumption. The paper stated that lagged bitcoin returns (LBR, laggedbitcoin returns) are meaningful for predicting USDT liquidity, but lagged USDT returns (LUR, laggedUSDTreturns) are not. This assumption seems to stem from the fact that the predictor variables corresponding to LBR are almost always statistically significant, while most predictor variables corresponding to LUR are not statistically significant. However, just because some predictors are significant and others are insignificant does not mean that they are significantly different from each other. Similarly, even if one estimate is lower than another estimate, the impact in the statistics may not be different.
Cobo custody business: Cobo is a digital asset management and storage platform founded by F2Pool founder Shenyu and former Facebook senior scientist Jiang Changhao. In addition to wallet products for beginners, the team also provides institutional investors "CoboCustody" service, the company has offices in Beijing, Seattle, and Xi'an. According to the company, Cobo Custody can provide customized collaborative custody services and full custody services (the main difference lies in private key storage), has global emergency response and multiple security protection systems, and can provide institutional clients with API, multi-signature and other solutions At present, it can access more than 30 public chains and manage more than 700 tokens.