For traditional institutions, compliance is one of the most important factors in deciding whether to allocate encrypted assets. BWallet bitcoinut before that, investors have been eagerly waiting for the adoption of the Bitcoin ETF because it is a compliant channel for institutional investors. And since buying ETFs is not holding real bitcoins, investors don’t have to worry about theft and hacker attacks.
However, considering the advantages of this technology, a total ban on privacy coins is not advisable. It is not advisable for criminals to stifle the legitimate application of such coins simply because they are eyeing them. WeissRatings believes that to solve this problem, the plan must be complicated and controversial.
Update on April 7th: It seems that there is another Monero C, the fifth project of the blockchain before the hard fork. In addition, XMO trading has now begun on HitBTC. At the time of writing this update, the transaction price of XMO is 0.00175 BTC, which is approximately $12, or 0.07 XMR, but its price is very unstable. The rest of the article has also updated some details.
Bitcoin has experienced long-term development and has formed a certain degree of international recognition. According to the "Digital Asset Benchmark Research Report" released by the University of Cambridge on February 2nd, although the digital asset market as a whole has experienced huge fluctuations, there are currently more than 139 million users of digital assets worldwide, and at least 35 million have been authenticated and verified. Users increased nearly four times in 2017 and doubled again in the first three quarters of 2018.
On Monday, the CFTC (United States Commodity Futures Commission) approved the first bitcoin futures for physical delivery in bitcoin. LedgerX, invested by Google and Lightspeed Ventures, was the first to get bitcoin futures tickets than Bakkt. This news has injected a stimulant into the already boiling market.
The freezing and reversal of EOS transactions has caused controversy because many people in the cryptocurrency community believe that it is not in line with decentralization. In fact, shortly after the launch, EOS block producers decided to fWallet bitcoinreeze transactions from multiple compromised accounts, and many commentators opposed this. Subsequently, the arbitration body of the network ordered block producers to freeze more accounts. .
In October 2019, foreign media reported that the five European Union countries, led by France, are joining forces to boycott Libra’s entry into the European market and are also preparing to ask Facebook to abandon the project. On October 24, Zuckerberg attended a hearing in the US Congress, saying that Libra aims to help disadvantaged groups establish financial accounts.
However, if most of the computing power is under one person's control, then if this computing power is abused, it will lead to 51% attacks. In this case, the attacker is limited to being able to double spend his own funds, not anyone else's funds. They may actually not verify the requirements, thus trying to blackmail the entire network. But if there are two different node clients with different rules, that is, two chains, the attacker needs to have 51% of the computing power on both the chain he is attacking and the chain he promotes.
In addition, vendors on the black market are also selling detection tools for COVID-19 in exchange for cryptocurrency. Elliptic’s report emphasized that black market vendors are aware of the global shortage of coronavirus testing tools, and one of the vendors is selling COVID-19 test strips for $92 each. Although Elliptic said that testing tools sold on the black market are overpriced, testing tools sold on the legal market have similar pricing.
At the Berkshire shareholder meeting in 2018, Warren Buffett once again expressed his dislike of Bitcoin: the final result of cryptocurrencies will be very bad, because they did not produce any value related to this asset. Value depends on more people entering the market, and then the holder sells it to the receiver at a higher price than the purchase price.