June 1st Evening News: The Netherlands establishes a cryptocurrency mining laboratory 丨 Boston University research: ICO's success is directly proportional to Twitter's activities

I carefully screened the industry dynamics that occurred in the last 12 hours, allowing readers to quickly understand the changes in the industry, keep abreast of the development direction, and provide reference for investment decisions.

1. Professor Nouriel Roubini belittles smart contracts: more than 100 errors per 1,000 lines of code

According to CCN News, New York University professor Nouriel Roubini has been known for his economic forecasts of failure. But in the world of cryptocurrency, he is known for his defiance of the blockchain. Roubini stated in his social media that “smart contracts” are neither smart nor contract, with more than 100 errors per 1,000 lines of code. This is not a contract because no court can enforce these contracts. In addition, he has been very happy to predict the demise of bitcoin.

2. Microsoft and Github Talks on Acquisition

According to Business Insider, Microsoft recently held talks with the largest open source software community, Github. GitHub is a $2 billion start-up company that claims to have 24 million software developers. According to people close to the two companies, the two companies have been conducting dialogues for many years, but negotiations have become more serious in the past few weeks.
We know that GitHub is the channel through which we understand the cryptocurrency process we invest in. Current popular coins like EOS, TRON, etc. are updated very frequently on GitHub. And some currencies are not even open source, such as STEX, ZSEcoin, we should not invest in it.

3. The Netherlands establishes a cryptocurrency mining laboratory

According to Emerce’s report, the Dutch ITB2 data center has established a cryptocurrency mining laboratory for Bitcoin (BTC) and Ethereum (ETH). The main purpose of the lab is to test the impact of blockchain technology on energy consumption and infrastructure cooling. Niels Hensen, director of the ITB2 data center, said that the ITB2 data center uses indirect thermal insulation to reduce energy consumption and provides high-density hosting services for financial service providers such as Sandd, Reesnik and others. Hensen believes that as a financial service provider, both new and existing customers must deal with the blockchain in the near future.

4. Four bank executives leave to join the cryptocurrency market

According to btcmanager.com, executives from Deutsche Bank, Goldman Sachs, BlackRock and Barclays have left their positions to join the cryptocurrency market. Former BlackRock trader Asim Ahmad stated that the day’s volatility in the cryptocurrency market exceeded the previous salary. Previously, Ahmad invested in ETH and began to profit from early 2016.

5. Boston University Research: ICO’s success is proportional to Twitter’s activity

A study by researchers at Boston College Carroll School of Management showed that the average return of ICOs was 179%. Scholars conducted a detailed study of this method, pointing out that the amazing success rate of this technology is directly proportional to Twitter’s index. The Twitter account generates more publicity and can raise more money. Many fraudulent currencies do not have active communities or social media, or they have been active for a while and disappeared. Such as ACChain (ACC)

评论

发表评论

此博客中的热门博文

Can XinFin Network contribute to international trade?

As we all know, global trade relies too much on manual processes and is therefore inefficient. Blockchain technology has brought a new solution to the problem of global trade. Not only is the immutability of recorded data less trade friction, but its global peer-to-peer network also promotes data sharing. Bringing greater security and efficiency to global trade. But given the current complexity, implementing this technology for trade compliance requires significant changes to the status quo. However, there is still a long way to go to truly implement this technology in international trade. According to statistics, the total value of goods transported each year is as high as 4 trillion US dollars, of which 80% of daily necessities are transported by sea. If the international supply chain is optimized, global trade will increase by nearly 15%, thereby promoting economic growth and increasing employment opportunities. The XDCE  protocol is an initiative of XinFin.org to build a h...
阅读全文

Good news for dash coin price today-Close to paypal trading level

New research from the Arizona State University (ASU) Blockchain Research Laboratory shows that the Dash network can easily scale to more than half of PayPal's current transaction level in the chain. The study concluded that Dash can easily be extended to 10mb blocks with a 0.1% orphan rate. ASU's paper on Dash block propagation shows the long-term viability of a chain extension approach to growing payment networks. Based on this research and preliminary investigation of future research, Dr. Tapp is optimistic that Dash can effectively expand beyond the research's 10 mb block size. This is good news for dash, but dash coin price today  has not risen. DASH can handle transactions faster than Bitcoin or almost any other cryptocurrency. DASH transactions can be confirmed in one second or less, making DASH encryption an ideal choice for industries with cannabis payment needs, such as the marijuana industry. A large number of merchants have accepted DASH as a payment. In fact,...
阅读全文

Refereum： Earn income while playing games

In theory, blockchain is not a very innovative technology. It is more inclined to a new application mode that combines distributed data storage, peer to peer transmission, consensus mechanism, encryption algorithm and other computer technologies. So I think technology will never be its focus, the application model is! From the existing solutions or applications, the combination of game and blockchain technology is mainly at two points: asset circulation and platform. Asset circulation The virtual assets such as tokens in the game are distributed as digital assets based on the blockchain. The advantage is that the circulation is more convenient and the cost is lower. Platform This is the decentralized e-sports platform on Ethereum – based on the decentralization of blockchain technology to solve the trust problem of the central platform, and use smart contracts to solve the problem of bounty payment. A bit like the nature of gambling, compared with the current gaming platform...
阅读全文