April 8 Important News
April 8 Important News

By Sleo821 | Sleo_777 | 8 Apr 2020


  • 1.Impact of BCH.BSV production halving

 

If BCH.BSV halves the output, then it also means that the supply and demand relationship will change, and the minus of reward halving is the miner because the mining profit will be halved, which will inevitably pose a huge challenge to the miners,  May not be able to withstand the shutdown, or switch the computing power to the BTC network, and the reduction in the number of miners will continue to affect the reduction of the output of coins, then the supply will also be reduced, if the market demand is roughly unchanged  , Then the relationship between supply and demand will change. In the long run, it will push up the price of the currency, and the reduction in the supply quantity after halving will also reduce the market's selling pressure.  Also good expectations

 

         BCH halved today, blockchain reached 630,000 height

Complete the first halving goal

Reward reduced by 50%

By 12.5 BCH 6.25 BCH

The current BCH circulation is 18,374,900 with a market value of approximately US $ 5.1 billion

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  • 2. Blcok.One plans to participate in EOS voting in May

 

The network mentioned that PBE has been created, which is Public

Blockchain Engagement

The department is discussing the future attention of EOS and the open potential EOS foundation and the future development of EOSIO

 

What is Block.one?

 

Block.one refers to EOSIO

EOS.IO is a blockchain operating platform based on the cryptocurrency issued on EOS.IO software called EOS.

EOS.IO simulates most properties of real computers, including hardware (CPU and GPU, RAM memory, hard disk storage), and computer resources will be evenly distributed to the holders of EOS tokens.

EOS.IO runs on a decentralized operating system and smart contracts, and aims to deploy industrial-scale decentralized applications in a distributed autonomous organization model.  EOS.IO stated that through the smart contract platform, transaction fees can be eliminated and millions of transactions can be made per second.

 

history

* According to a white paper published in 2017, the EOS.IO platform was developed by a private company, block.one, and was launched as open source software on June 1, 2018.  To ensure that before the blockchain goes live, its tokens can be widely distributed, block.one will issue 100 million tokens in the form of ERC-20.  Based on this distribution, all token holders have the right to launch the mainnet when the EOS.IO software is launched.

* Block.one's CEO Brandon Bloomer announced that EOS's initial token offering has raised more than 400 million US dollars, of which more than 100 million US dollars will be used to support the EOS.IO blockchain.  [1]Later, some outsiders questioned the huge amount of funds raised by block.one, which was not necessary for the development of the blockchain.  In fact, the block.one company has no account to explain the capital, the price of EOS tokens has been declining since the high of $ 22.89.  [2]

* EOS.IO's original testnet Dawn 1.0 was launched on September 3, 2017, version Dawn 2.0 was launched on December 4, the same year; version Dawn 3.0 was launched on January 25, 2018, and version Dawn 4.0 was launched on May 7 of the same year  Launched on the day.

* The Dawn 1.0 version of EOS.IO was released on the main network from June 1, 2018 to January 2019. The currently running version is 1.6.0

Block.one website

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  • 3. Mineral water company scam TeshuaCoin

SEC accuses "priest" of defrauding investment by combining bottled water and virtual currency

As of December 2018, the plan raised approximately US $ 500,000 from more than 500 investors and issued a "false and misleading" statement about how investor funds will be used.

 

The truth is that these fraudulent funds are mixed with other businesses operated by Teshuater and Leonards, and the Leonards use the funds for personal expenses and other business activities.

Scam news

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  • 4. Binance

 

 

Traders can now participate in short-term price volatility investments while maintaining a long-term position by initiating a hedging mode; in short, if they believe that short-term price volatility is severe and may decline, they can open a short position in a single contract  It is still possible to reserve a long position for the subsequent possible rise.

   

 

In addition, Binance also introduced an independent margin mode (Isolated Margin mode), which is intended to allow traders to accurately control the amount of guarantee, so that the liquidation of open contracts will not affect each other; Binance pointed out that the two  The model will allow traders to take advantage of market volatility and implement better risk management strategies

Binance's stability is getting higher and higher

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  • 5. Bank of England is reviewing the impact of virtual currency on future currency use

 

Bank of England BOE

Discussing bitcoin and other virtual currencies in the last week will not be regarded as money, but does not mean that the technology behind the virtual currency cannot be changed

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  • 6. New Coronavirus-19

 

Ripple senior director said this time the global virus

Everyone's payment and deposit are turned to virtual currency

Substantial currency reduction

And said anonymous payment information

The global economic downturn is forcing people and businesses to look at money differently and change payment methods   

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  • 7.POW of ETH

ETH Casper Labs plan and Bitmax

Cooperation launches POW blockchain

According to the latest news

Is planned to exchange with Singapore Bitmax

Bitmax will host Casper Labs' transaction verification product program (EVO)

And allow investment to scatter CLX tokens holding the network

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