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Day: September 17, 2021
Canadian politician says he supports Bitcoin as federal election looms
Maxime Bernier, founder and leader of the People’s Party of Canada, has said he supports the adoption of cryptocurrencies in the country. In a Tuesday tweet, Bernier said cryptocurrencies are “another new and innovative way” to counter the actions by central banks, which he claimed are “destroying our money and economy.” The Canadian politician has criticized the Bank of Canada for “printing money” and called out Prime Minister Justin Trudeau for his economic policies. Bernier, a former cabinet minister known by some as Mad Max, has been outspoken in his…
Here’s how traders knew LUNA and RAY were on the verge of a bullish breakout
Online information flows have a tremendous influence on the prices of crypto assets. Just this week, investors witnessed how even fake news can sometimes make the market value of a token explode, even if for just an hour. Fortunately, the effects of legitimate news tend to last longer, but the trick for investors is to figure out which stories to look at when making trading decisions. Extensive research suggests that there are three types of news announcements that affect crypto prices most consistently: exchange listings, staking program launches and new…
Ethereum’s Design Choices Are Inherently Political
This could come to a head in a future conflict over, say, block size. I can easily imagine a faction of transactors lobbying for a higher block size, in an attempt to create more blockspace and push down the clearing price of gas. But will large token holders, benefiting from the deflationary effect of the high fees, want to reduce the size of their user-financed stipend? The fact is that, due to the fee-burning mechanic, which has clearly been quite good for the price of ether, the individuals in control…
The Eco-Friendly Blockchain Project With a Mission to Plant 10 Million Trees – Blockchain News, Opinion, TV and Jobs
Earning tokes every time you plant a tree? Yes you can. When you plant a new tree, take a picture or a video of it and you post it on social media under the #grandtime_ecology hashtag, you will be rewarded with GRAND tokens. This is how Grand Time empowers people to improve their personal finances all while helping our ecosystem. To incentivize blockchain enthusiasts to help promote a green future for our planet, Grand Time has recently initiated this ‘Grand Ecology’ project. Grand Ecology has a simple, yet amazing, premise:…
Over 2,300 Cardano Smart Contracts Are Waiting in Timelock, ADA Price Slides 20% Over 2 Weeks – Technology Bitcoin News
Following the successful Alonzo hard fork, the Cardano network now has a large swathe of new smart contracts. However, developers must wait to use them as they are locked in a timelock contract. At the time of writing, metrics show an aggregate total of 2,352 smart contracts since the Alonzo upgrade was implemented. Cardano Has More Than 2,300 Smart Contracts Waiting to Be Deployed The Cardano (ADA) network upgraded last week and since then the most topical conversation among ADA proponents is smart contracts. The use of smart contracts on…
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Smashing crypto adoption barrier? Solana aims to do its own ‘thing’
There was a lot of talk at SALT Conference 2021 about Solana Labs, the supersonic racer of layer-one blockchain networks. Not surprisingly, much of that conversation centered on speed — or, in network parlance, transactions per second (TPS). If blockchain technology is ever to achieve mass adoption — 1 billion users, say — then it has to get faster, said Sam Bankman-Fried, CEO of crypto exchange platform FTX, in a Monday morning panel session, adding, “You can’t have 1 billion people using a chain that has 10 transactions per second.…
Salvadoran Court of Accounts to Investigate Government’s Bitcoin ATM Buys, Chivo Kiosk Construction – Bitcoin News
According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (ATM) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption of bitcoin as the crowd set fire to a bitcoin ATM. Human Rights Group Cristosal Files Complaint Against Nayib Bukele’s Regime On September 15, a large group of protestors took to the streets in San Salvador to protest the new bitcoin law implemented by Salvadoran president Nayib Bukele. It’s…