Ethereum GPU miner
The UniswapV1 version confirmed the possiEthereum GPU minerbility of automatic market makers, laying the foundation for the on-chain token exchange and decentralized token circulation pool protocol. From V1 to V2, Uniswap used Solidity to rewrite the smart contract, which overcomes the limitations of using Vyper in V1.
In 2019, one of the most concerned things in the cryptocurrency industry may be DeFi (Decentralized Finance). Many Web0 projects are in the product development stage or user acquisition stage, and DeFi has become one of the most important encryption applications. So far, more than 3 million ETH (worth about US$300 million) have been locked in the DeFi agreement, a large part of which comes from the P2P lending platforms Compound and Maker.
Beermann finally discussed the issue of CBDC's replacement of cash. Wholesale CBDC is an improvement of the existing structure, with little or no impact on monetary policy. For the current economic relationship between households, commercial banks and central banks, retail CBDC may mean a paradigm shift. Beermann's subtext is that wholesale CBDC can be developed, but the impact of retail CBDC is too great to be treated with caution. The author has analyzed many times that the high level of ECB officials’ caution towards retail CBDCs and their preference for wholesale CBDCs essentially hope to protect the coinage rights of commercial banks, because retail CBDC means that the central bank deprives commercial banks of the power to create money. Behind this is the anti-national consciousness of the EU banks and central bank groups. In contrast, the financial elite group directly chose to develop retail CBDC to resist the risk of RMB currency sovereignty being eroded.
"Will Bitcoin rise to 20,000 US dollars? I believe it will. But not everyone can make it to that day. A true bull, a sensible coin hoarding party, should keep some cash to meet emergency needs, so You won’t be forced to hand over your bargaining chips at a low price when you are down. I think this is what everyone who is optimistic about Bitcoin should know.” (At the request of the interviewee, Xiang Tian and Meng Aran are both pseudonyms)
At present, veteran POW (ProofofWork) mining pools, such as BTC, F2Pool, Antpool, etc., which have more own computing power, issue fewer coins. Most of the mining pool coins are some small and medium-sized mining pools or emerging PoS (ProofofStake) mining pools.
In October, the official website of the U.S. Department of Justice released the cryptocurrency enforcement framework. It provides a comprehensive overview of new threats and law enforcement challenges related to cryptocurrency, and explains the importance of the US Department of Justice and other government agencies and regulatory and law enforcement partners around the world to establish partnerships and countermeasures. The first part of the framework divides the illegal use of cryptocurrency into three categories: financial traEthereum GPU minernsactions related to crime; money laundering and evading taxation, declaration or other legal requirements for legal activities; crimes such as theft. The second part discusses the various legal and regulatory tools that the government can use to face cryptographic threats, and the third part discusses the challenges the government faces in the criminal activities that cryptocurrency may promote.
Initially, the difficulty bomb should be exploded after Ethereum is ready to use a new algorithm called Casper and trigger the so-called ice age, which is a transitional stage where mining new coins becomes difficult and unprofitable. In theory, this procedure should force miners to switch to the new chain instead of maintaining the old chain.
If digital currency is really popular in circulation, the disintermediation of currency circulation will be more serious, which will affect the proportion of bank deposits in currency issuance. In other words, with the development of electronic payments, the cash in circulation previously managed by the central bank has greatly reduced, but because of the issuance of digital currency, there is an additional digital currency in circulation. However, because of traceability, although digital currency is not in the banking system, it may be in the control of the central bank.