Trying to mine more raven. Trying to build a stable rig. Want a good PSU and breakout board ATX isn't going to cut it. Sure their breakout boards are nice, but if you need to return something? Good luck. Hope you like flaming them on social media, because they'll absolutely ignore you until you do.…
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Orlando Bravo, the billionaire who co-founded private equity firm Thoma Bravo, says he is very bullish on bitcoin, expecting the cryptocurrency to “increase significantly.” He described: “Crypto is just a great system. It’s frictionless. It’s decentralized. And young people want their own financial system. So it is here to stay.” Billionaire Investor ‘Very Bullish’ on […]
Visa has been active in engaging with crypto, and this week is no exception. Reports have emerged that the payment facilitator and financial services firm has deployed it’s first smart contract on Ethereum Testnet. The move isn’t the first to signal Visa’s increased acceptance to adopt crypto in their operations. Visa’s Universal Payment Channel The company is showing clear investment in becoming a leader of payment processing through central banks via crypto. Visa’s first smart contract deployment was a payment channel accepting both Ether and USDC. This is a conceptual protocol in development by the payment processor that will enable interoperability between central bank digital currencies (CBDCs), called a “Universal Payment Channel,” or UPC. The timing is appropriate given the global discussion around CBDCs. This week alone, Nigeria is looking to be the first country in Africa to launch a CBDC, the Bank of England has released it’s CBDC forum members, and New Zealand’s Central Bank has sought public feedback on CBDCs. Of course, the biggest story in the speculation is China’s recent bitcoin ban paired with rumors of the country’s exploration of a ‘digital yuan.’ Through it all, it’s safe to say that crypto and centralized currencies are at the forefront of most countries treasury departments lately. Visa’s UPC is being built to support different CBDCs across a variety of blockchains. The company’s head of crypto, Cuy Sheffield, described the initiative as a “longer-term future thinking concept around a way that Visa could potentially help become a bridge between one digital currency on one blockchain and another digital currency on another blockchain.” Ethereum testnet is host to Visa’s first take at a Universal Payment Channel protocol. | Source: ETH-USD on TradingView.com Related Reading | Crypto Analyst Says Ethereum Market Is A “Ticking Time Bomb”, Here’s Why It’s All Part Of The Plan This week’s development is far from the first move from Visa to dig their heels in crypto. Last month, the company purchased a CryptoPunk and released a positive perspective around NFTs. And at the midpoint of 2021, the company shared that over $1B had been spent on crypto-linked Visa cards on the year. Through it all, Visa has shown a clear favorite in Ethereum as well, and now is utilizing the chain once again with the Universal Payment Channel. The company’s clear engagement with Ethereum could prove fruitful to establishing further institution buy-in for the blockchain. In the corresponding UPC research and insights report released by Visa, the company shows a clear desire to be a “network of blockchain networks” for global transactions. Digital asset tracker 21Shares has described Ethereum as “the most significant single innovation within the cryptoasset and blockchain industry since the creation of Bitcoin in 2009.” Should Visa’s UPC be built on the backbone of Ethereum? There’s good reason to be optimistic looking forward. Related Reading | TA: Ethereum Just Reversed But $3,150 Presents A Major Challenge Featured image from Pexels, Charts from TradingView.com
What exists to prevent someone from hiring a bunch of developers to modify ethereum or bitcoin to their advantage? What if some institutional whales have giant stakes and wants to increase the stake apr, so they increase the amount printed as stake rewards? What prevents bitcoin miners from secretly hiring bitcoin developers and community influencers…
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I'll be quick, Polygon has seen consistent growth without any incentive programs or Ponzi bullshit. It just hit 83 million wallets with 6.7 million daily transactions. https://preview.redd.it/lgmdfk6xopq71.png?width=550&format=png&auto=webp&s=c771a6e2a7c7e6ec072596237996206a92e812a4 Here’s some perspective from twitter Avalanche has 387k wallets (0.4% the amount Polygon has) and since birth completed 9.7 million transactions. Polygon is doing more than that in…
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Year Price 30/09 Price 31/10 Gain % Cumulative Gain % 2013 137.74 196.44 42.6% 42.6% 2014 377.18 354.70 -6.0% 157.5% 2015 232.76 325.43 39.8% 136.3% 2016 600.83 701.86 16.8% 409.6% 2017 4,403.74 6,153.85 39.7% 4,629.1% 2018 6,625.56 6,486.38 -2.1% 4,609.1% 2019 8,104.19 9,551.71 17.9% 6,834.6% 2020 10,775.27 13,031.17 20.9% 9,360.7% Right now Bitcoin price is…
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submitted by /u/trogdortb001 [link] [comments]
After spending hours on their community platforms this is my conclusion: They are putting too much attention on the price over ways "shitcoin" could be actually useful in real world Mostly their websites have vague information about goals and usually it is followed by graphics with astronauts, moons, stacks of money, people climbing to…
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https://www.theblockcrypto.com/post/119117/visa-universal-payment-channel-interoperability-cbdc?utm_source=coinbase&utm_medium=rss VISA's first Ropsten contract here: https://ropsten.etherscan.io/address/0xadb1f7e78a3ac3d0a006961f95d96bbb0ec14326#code submitted by /u/nutboltUK1 [link] [comments]
$700 million in BTC options expire on Friday, and derivatives data signals that bears are positioned to profit from a sub-$45,000 Bitcoin price.
