Based in Shenzhen, the manufacturer of miners Linzhi criticized the intention of Ethereum-developers to implement a solution ProgPoW, aimed at blocking ASIC-miners. It is reported by CoinDesk . The possibility of updating the Ethereum codebase with ProgPoW activation was discussed by developers last Friday . If the proposal is accepted, the influence of ASIC miners will be limited, and the extraction of ETH will continue to be carried out on more traditional equipment like video cards. According to representatives of Linzhi, the company was "shocked" by this initiative: “We consider arbitrary rule changes to be unacceptable, demanding clear and equal…
Author: BlockchainJournal
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BitPay began cooperation with cryptostartap Paxos, developing the same name steyblkoin. This is reported in the startup blog . According to the participants of the partnership, PAX “stable coin” will expand the capabilities of BitPay customers. The latter will be able to conduct transactions secured by "stability and confidence in the US dollar." Previously, merchants could work with Bitcoin and Bitcoin Cash via BitPay processing. In October, the service representatives announced support for the USD Coin and Gemini Dollar steylcoin companies. According to CEO and co-founder Stephen Peir, PAX support will further expand the possibilities for low transaction costs. The…
Cardano's cryptocurrency (ADA) reached a high price level of $ 0.082 last week, but the bulls lost advantage and could not push the price even higher. As a result, the bears quickly took control of the situation. A further increase in pressure of bears led to the fact that the zone of demand fell to $ 0.078. The price has formed a “descending triangle” on the four-hour chart. The 21-day EMA and the 50-day EMA are closely related as proof of market ranking. The price of the ADA is trading below the 21-day EMA and the 50-day EMA, which…
Analytical company YouGov shared the results of a survey designed to find out how the British view Bitcoin . Other cryptocurrencies in the study were not mentioned. According to the survey, 93% of respondents are aware of the existence of Bitcoin. Of these, only 4% answered that they understand what it is, and about 20% – “pretty good”. As in other studies that study attitudes towards cryptocurrencies , young men are more likely to state that they understand Bitcoin well than women. Investments in Bitcoin were reported by 6% of the interviewed men and 1% of women. In general, this…
A large network of Spanish coffee houses Nostrum began to accept Bitcoin . The company collaborates with Cylcebit, a technology startup that seeks to help stores become “cryptocurrency conductors.” The working ecosystem of Cyclebit is built through a partnership with IBox, a payment platform with an annual turnover of $ 1 billion. Cyclebit hopes to make each trading terminal capable of accepting cryptocurrency payments. Sellers will be provided with a “ready-to-install, free customizable application for iOS and Android that will be able to accept payments from crypto wallet and banks”. Cyclebit believes that this will open up new revenue opportunities…
