Category: Cryptocurrency News

A 2020 peer-reviewed IEEE paper noted that one bitcoin transaction uses 651 kWh, while IOTA uses 0.00016 kWh, meaning IOTA is ~4 million times more energy efficient. Since then, Bitcoin’s power consumption has increased to 1120.16 kWh per transaction and IOTA has reduced its power consumption significantly with the recent Chrysalis network upgrade. (Note: This…
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submitted by /u/JeanRedGrey [link] [comments]

Arthur Haynes said this in his latest article about EIP 1559 potentially decreasing ETH’s supply. What do you think? “If the amount of gas fees exponentially increases alongside usage, and these fees are burned, then very quickly the inflation schedule will become deflationary. The supply of Ether will decline in Ether terms as the platform…
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Thoughts on ALGO? “All” chart on Coinmarketcap shows trades started in mid 2019th at ~$2 but it dumped to $0.30 3 months after, hovered around that price for most of the 2020 and then pumped in 2021 as everything else. I see it mentioned a lot in daily, in a good way, so does anyone…
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Investment bank Cowan, founded in 1918, is launching a cryptocurrency service in partnership with Standard Custody & Trust Co. to help institutional clients “seamlessly secure, access and leverage cryptocurrencies and digital assets in their portfolios.” Cowan’s CEO said: “The demand is clearly here. We’re going to be able to help a lot of our institutional […]

looking at Gas fees Ethereum feels like its only for rich first world crypto genius. Meanwhile poor people get Donations in shitcoins and Eth crowd screams Vitalik donates $1 billion worth Shiba Inu and Ethereum to India Covid-19 relief fund. Actually Vitalik only donated his liability not his gains to his friends at Polygon not…
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When blockchain first came out I thought it would be a fad. Seeing that bitcoin really had no purpose besides store of value. Years go by and I find ethereum… I heard about it before, but I thought it was just another type of blockchain like Bitcoin so I gave it no time of day.…
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https://www.nytimes.com/2021/05/14/podcasts/the-daily/dogecoin-cryptocurrency-bitcoin.html Fantastic for him, and glad his roulette wheel paid off. But Doge is the future of crypto? Not sure I agree with that one… submitted by /u/MikeClimbsDC [link] [comments]

An increasing number of high-profile celebrities have continued to adopt the “laser eye” meme on Twitter in recent months.