I was reading a bit today some discussions regarding the new smart contracts that ADA plans to launch. Good points from both supporters and oposition to the change that is being done. I for one, believe that they can make it work, but I am well aware that theres a good chance it wont go…
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CrossTower is betting on the growing crypto market in India despite the uncertainty over the legal status of Bitcoin in the country.
I think big changes in Ethereum will lead to big changes in the Ecosystem or am I wrong? submitted by /u/Morgentau7 [link] [comments]
submitted by /u/nxte [link] [comments]
Popular fast-food franchise – Mcdonald’s – is receiving payments in Bitcoin, only in El Salvador. This development followed the Central American country’s adoption of the cryptocurrency as a legal tender on Tuesday. McDonald’s Accepts Bitcoin Through Lightning Network All businesses across El Salvador will be required to accept Bitcoin in exchange for goods and services. But those who are technologically unable to receive cryptocurrency can be exempted from the law. Although the law stipulates that businesses must accept Bitcoin, many people had doubts about whether companies would be able to integrate Bitcoin payment solutions by the time the law went into effect. However, Twitter users reported being able to pay for breakfast at the franchise with Bitcoin on Tuesday, the first day on which it became legal tender in the Central American nation. Aaron van Wirdum, a journalist, broke the news after he visited a McDonald’s restaurant in El Salvador, where he was presented with a printed QR code directing him to an invoice page on Lightning Network. “Just walked into a McDonald’s in San Salvador to see if I could pay for my breakfast with bitcoin, tbh fully expecting to be told no. But low and behold, they printed a ticket with QR that took me to a webpage with Lightning invoice, and now I’m enjoying my desayuno traditional!” The president of El Salvador Nayib Bukele also shared updates and tutorials on how to use the Bitcoin wallet – Chivo. Related Reading | Bitcoin Suffers 10% Pull Back On El Salvador’s Debut, Funding Rates Dip Other franchises like Starbucks and Pizza Hut have also expanded their payment services to include Bitcoin in the country. Twitter user Mario Aguiluz (@maguiluz301) said: “This is to all the critics who said #Bitcoin would never be used to buy coffee. Just paid for mine at Starbucks in #ElSalvador. I just hope this doesn’t become the new 10,000 BTC pizza…” BTC at $46K | Source: BTCUSD on TradingView.com OpenNode, a bitcoin payment processor based in California, confirmed to Forbes it has formed a partnership with McDonald’s to allow it to begin accepting bitcoin. Bitcoin can now be used to pay at all 19 McDonald’s locations in the country, as well as online and through the delivery app, OpenNode said. OpenNode spokesperson Ryan Flowers said his team is “currently onboarding multiple multi-billion dollar businesses based in El Salvador.” Key Background On Tuesday, El Salvador became the first sovereign government to adopt bitcoin as legal tender alongside its existing currency, the U.S. dollar. It allows the country’s residents to pay taxes and other debts using bitcoin, and for businesses to widen their payment options to the cryptocurrency. Related Reading Panama To Recognize Bitcoin As Payment Alternative, Issues New Regulations Bitcoin enthusiasts are wondering if the Bitcoin payment solutions will be adopted by these companies in other countries, especially in the United States. What do you think about the adoption of bitcoin in El Salvador? Is Bitcoin on its way to becoming the currency of the world? Share your thoughts with us here. With #Bitcoin becoming legal tender in #ElSalvador, how long until it becomes the global reserve currency? @nayibbukele — Bitcoinist.com (@bitcoinist) September 7, 2021 Featured image from Eater, Chart from TradingView.com
The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations of crypto businesses. Ukraine Legalizes Crypto Activities, Defines Virtual Assets Ukraine’s Verkhovna Rada, the country’s […]
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The sixth-largest cryptocurrency by market cap remains one of the best performers despite the overall crypto market losing more than $200 billion.
Under the leadership of Chairman Mr. Peter Najarian, Homeros recently welcomed C-Level executives who are all experts in the crypto space. For instance, the company’s newly-appointed CEO Alex Richards is a blockchain professional with experience on project management and global marketing. Homeros hopes to achieve greater success under the leadership of CEO Richards as it endeavors to take blockchain technology to a wide audience and enhance its ecosystem. Richards plans to support the advancement of Homeros’ blockchain ecosystem and explore possibilities for decentralized finance. Innovating DeFi Solutions to Revolutionize the Blockchain Space Homeros is offering blockchain-based solutions for resolving issues that the crypto ecosystem has faced since its inception through addressing DApp development needs. To the crypto community, it offers enhanced security, massive scalability, wide interoperability, and full authenticity. By placing both developers and users at the forefront of its product offerings, it aims to enable secure and accessible monetization opportunities for the decentralized asset and application space. Homeros is fully equipped to handle 300,000 transactions-per-second (TPS) by using proven block generation systems. It features an improved version of a third-generation mainnet. In addition, it employs the Dual Delegated Proof of Stake consensus protocol (DDPoS) which eliminates all problems that earlier blockchains faced such as conflict of interests and longer consensus times. By leveraging seamless and optimized DeFi infrastructure, Homeros will enable multiple DeFi opportunities. Along with this, its utility coin, HMR, will be used for services deployed on the Homeros mainnet such as DApp crowdfunding, In-DApp purchases, and yield rewards. Features As we mentioned its product offerings, let’s also look at some of Homeros’ most integral features: Homeros DApp Marketplace The Homeros Marketplace offers a scalable and secure platform where enthusiasts can choose various DApps. Users can access free-to-use DApps available on Homeros, or they can purchase Premium DApps that are critically acclaimed by the community. All users have the option to enjoy DApps free-of-cost, or purchase DApps, as per their preference. Premium DApps can also be developed in partnership between DApp developers and supporters. Relating specifically to premium DApps, developers who already have established a reputation can decide on whether to make their Dapps free or premium. As the users may be fewer in these Premium DApps because it requires payment, the community can expect in-DApp functionalities to be better than the Free DApps. Users can interact with each other within the decentralized applications. More so, within Business DApps, users can enjoy improvements in business analytics, business intelligence, etc. Through LifeStyle DApps, users can enjoy various LifeStyle-related conveniences. DApp Expandability A huge opportunity awaits developers with Homeros. The Homeros APIs allow developers to create their own extensible ecosystems within the platform. By giving creators a space to create their own interface for users to interact with, the system creates newer gaps for their creativity to fill. Thus, users using DApps on Homeros can enjoy a deeper, more comprehensive experience than just DApp functionality alone, which instead includes contexts and enhancements. DeFi Homeros is also exploring new features in DeFi. Since last year, DeFi has been a hot topic in the crypto world and is poised for further growth. In the future, Homeros will enable the development of various DeFis as the HMR community expands into a synergy effect with related DApps. In this way, HMR holders may consider various DeFi products, and prominent DApp projects might benefit from the liquidity accumulated within the HMR community. With this kind of DeFi, it will totally transform the HMR ecosystem. Bringing Monetization Opportunities to its Ecosystem Advertisers can partner with a variety of decentralized applications. The platform will eventually create an ad network that will allow companies to advertise their products within these DApps as native ads. By using Homeros, advertisers can reach a wide audience. Additionally, DApp-related businesses may use Homeros’ decentralized community to find freelance DApp developers or to collaborate with budding DApp developers. They can discuss how a particular DApp concept will benefit both parties. Not only that, but they can also sponsor events exclusively held within the DApps Discover how you can leverage Homeros’ platform to your advantage by visiting the Homeros website!
ETH the asset and Ethereum the blockchain are two completely distinct entities. Ethereum's end game is to host every possible traditional mortar and bricks institutions, including but not limited to banks. In this paradigm, ETH secures the Ethereum blockchain in the form of staking issuance and gas fee. It is not designed to be a…
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