El Salvador is preparing to introduce 20 bills to provide a legal framework for its upcoming bitcoin bonds. The funds raised will be used to build infrastructure for Bitcoin City and buy more bitcoin, the Salvadoran government explained. El Salvador’s finance minister, Alejandro Zelaya, said in an interview on local television Tuesday that his government … Read more
Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first day of the year, when the network’s hashrate tapped 219.5 EH/s. Bitcoin miners are dedicating a lot of … Read more
Robinhood’s chief financial officer has revealed the popular trading platform’s crypto priority and the potential of listing more cryptocurrencies. “We’re a highly regulated company in a highly regulated industry, and we think it’s important that we get a bit more clarity from regulators,” he emphasized. The chief financial officer (CFO) of Robinhood, Jason Warnick, talked … Read more
Previously anti-crypto investors are increasingly turning to Bitcoin (BTC) and its brethren as a hedge against fiat currency inflation concerns. One example is Hungarian-born billionaire Thomas Peterffy, who in a Saturday Bloomberg report said that it would be prudent to have 2%–3% of one’s portfolio in crypto assets just in case fiat “goes to hell.” … Read more
American fintech giant PayPal Holdings has reportedly confirmed its intent to launch its own stablecoin named PayPal Coin. The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser. Confirming the evidence found on the PayPal app, Jose Fernandez da Ponte, PayPal’s senior vice president … Read more
The two main ways to create a Bitcoin Cash wallet are: (1) Install the app on your mobile device/desktop. (2) Create an account with a cryptocurrency exchange. There are a variety of Bitcoin Cash wallets to choose from. However, not all are created equal! In some cases, the wallet provider actually controls your Bitcoin Cash … Read more
The concept of Bitcoin was originally proposed by Satoshi Nakamoto on November 1, 2008, and was officially born on January 3, 2009. The open source software designed and released according to the ideas of Satoshi Nakamoto and the P2P network built on it. Bitcoin is a virtual encrypted digital currency in the form of P2P. … Read more
Bitcoin Cash repeats BTBitcoin Cash Blockchain Value C’s original code in many ways: the supply limit is 21 million. Tokens, PoW protocol and SHA256 algorithm. However, it also brings various improvements. The main features of the BCH blockchain are: Maximum block size increased from 1MB to 8MB and then to 32MB They implement a mechanism … Read more
First of all, the number of BTC is limited, and mining is getting more and more difficult at present; and BCH is a forked distribution after the emergence of the BTC mining bottleneck, and the scarcity is not enough; secondly, the concept of BCH appeared relatively late, and it was at a time when the … Read more
During the development of classic Bitcoin, few thought the cryptocurrency would become so in demand. Programmers think that 1MB per block is more than enough. However, with the rapid growth in popularity comes a systemic burden. Space in blocks is very scarce and transaction speed is decreasing. The transfer takes about half a week to … Read more