In January 2014, the price of Bitcoin against the US dollar peaked at around US$1,120. But it dBitcoin price falls todayidn't stop there. Bitcoin continued to rise all the way through the ups and downs. Three years later, it exceeded $10,000 (later more than $20,000). The increase of more than ten thousand times is shocking. A string of characters is so expensive. Is Bitcoin a monetary asset or a scam?
Brin added: There are several factors that play a role in computing prosperity. First, of course, the stable operation of Moore's Law... The second factor is greater demand, which stems from the advanced graphics technology in the game. Surprisingly, it comes from the GPU-friendly workload proof algorithm. These algorithms exist In some of the major cryptocurrencies today, such as Ethereum.
Tendermint is such a solution: individuals can become a member of the "verifier" set by locking part of the electronic cash as a deposit. If the verifier does evil, this part of the "deposit" will be lost; at the same time, as long as enough good verifiers exist, the entire network can reach a consensus in a "zero mining" manner.
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Chen Zhipeng: As long as the currency is involved, there will be the problem of blurred legal boundaries. The key is what the connotative attributes of this currency or token are, whether it is a point type, an asset type, an equity type, or a use type, and different types of laws. Supervision is different, similar to the types of points. For example, the legal definitions of tokens such as vouchers and discount coupons are relatively clear, and generally do not involve violations, while the legal issues involved in assets and equity types of tokens are more complicated. The regulatory methods of different countries are also inconsistent. In fact, there are still many differences on how to regulate digital currencies around the world.
Feng Pei: The challenge is too great, and there are too many different challenges. There is no way to explain them clearly. First of all, in the era of blockchain technology and the token economy, all related concepts and terms are different, and the logical relationship Bitcoin price falls todayis also different. How can you use the existing traditional civil and commercial law to define the community system and regulate on-chain transactions? .
The pre-sale of TZROP is initiated in the form of SAFT. SAFT (SimpleAgreementforFutureTokens) is a set of investment agreement framework that complies with the US Securities Law and constitutes the property of securities. In simple terms, SAFT is a bit similar to futures. It gives investors the right to obtain a fully developed Token equivalent to the investment amount, and will deliver the Token immediately after the entire blockchain network is built and the Token development is completed.
From our own perspective, we believe that the Omni layer is important because it is the first protocol that makes Tether possible, but we must consider the needs of cryptocurrency traders. On the one hand, traders usually worry about the sudden increase in bitcoin transaction fees, leading to increased arbitrage transaction costs; on the other hand, because some transactions need to wait for three bitcoin blocks to confirm the transaction, this may mean that the trader will have to be in the market Lost the best trading opportunity on the market.