Bitcoin vs. Litecoin vs. Ethereum vs. Ripple
For legal digital currencies, following the failure of the Central Bank of Ecuador to issue digital currencies in 2015, the Venezuelan government issued petrocoins in 2018, but there is currently a lack of public transaction information and it has not been widely used. Canada, Singapore, Brazil and other countries are developing a national bank clearing system based on distributed ledgers. According to a research published by the Bank for International Settlements in January 2019, based on a recent survey of 63 central banks around the world, about 70% of the surveyed central banks are (or will soon) carry out central bank digital currency work, but in the short term, more than 85% of central banks believe that they are unlikely to issue central bank digital currencies. my country began to study legaBitcoin vs. Litecoin vs. Ethereum vs. Ripplel digital currency in 2014. Its design and issuance focus on the replacement of M0, maintain currency attributes, achieve monetary policy and macro-prudential management goals, adopt a two-tier operating system, and adhere to a centralized issuance and management model. In August 2019, the People's Bank of China announced the latest developments in central bank digital currency research, indicating that my country's blockchain-based encrypted electronic currency (DC/EP) prototype product has been successfully developed.
So, how much development potential does the platform digital currency have? Obviously, the platform is most likely to develop a means of payment. On this basis, it may develop into a stored-value tool, such as Yu'ebao. Libra may become a stored-value tool in some countries with unstable currency. The more controversial is the accounting unit. Alipay and WeChat Pay are not independent accounting units, but if Libra is made, it will be an independent accounting unit. Because of this, the regulatory agencies of various countries will be very cautious and concerned, so Libra The resistance is also particularly high.
After chain games and encrypted wallets were proved to be unworkable on EOS, Chen Guo’s boss still firmly believes that EOS has a bright future and that there is no problem in itself, but the problem is that "he is not like the founder of a certain encrypted wallet. It’s the same in the most front-line communities, knows the current encryption trends and opportunities well, but is immersed in the lies woven by certain employees all day long."
Public information shows that GrayscaleBitcoinTrust was launched by Grayscale Assets in April 2018. It is known as the first publicly listed security to invest in Bitcoin alone and obtain value from the price of Bitcoin. Grayscale Assets is the world's largest encrypted asset management company. As of October 27, the total scale of Grayscale Asset Management has reached 7.5 billion US dollars.
According to data from cryptocurrency analysis company IntoTheBlock, with the explosive growth of the Ethereum spot and derivatives market, 43% of ETH addresses are profitable. In the first two months of 2020, Ethereum rose by nearly 110% against the U.S. dollar, and the injection of $15 billion in market value made Ethereum's share in the cryptocurrency market rapidly expand. In the context of Ethereum's months of rising, ETH spot trading volume has soared rapidly in recent weeks.
The so-called Bitcoin halving refers to Satoshi Nakamoto’s release of the Bitcoin Bitcoin vs. Litecoin vs. Ethereum vs. Ripplewhite paper that the total number of Bitcoins is set to 21 million. In order to prevent inflation from the Bitcoin system and ensure the scarcity of Bitcoin, Satoshi Nakamoto The only way to produce Bitcoin is designed to be mining. At the same time, for every 210,000 blocks, the bitcoin reward for a single block will be reduced to half of the previous cycle. Calculated based on the average block time of ten minutes, about every 4 years, the output of Bitcoin will be halved.
With foreign counterparts, relevant high-end talents are currently very scarce. With the rise of blockchain technology as a national strategy, it is necessary for universities to add blockchain courses. Chinese universities have long recognized the application value of this innovative technology of blockchain. Tsinghua University opened relevant courses in 2016, and the number of universities offering relevant courses continued to increase in the following years. Especially in 2018, compared with 2017, there was a substantial increase.