In the traditional Sunday digest – the tenth anniversary of the launch of the Bitcoin network, Ethereum is in second place by capitalization and the action Proof Of Keys.
Bitcoin is already quite big
On January 3, the community celebrated the tenth anniversary of the launch of the Bitcoin network and the extraction of the genesis block. On this day, the BitMEX Bitcoin Exchange posted thanks to Satoshi Nakamoto on the cover of The Times London.
Happy 10th Birthday Bitcoin! pic.twitter.com/DpOPjojsOd
– BitMEX Research (@BitMEXResearch) January 2, 2019
On the same day, Proof Of Keys was held, in which users took Bitcoins from trading platforms to private wallets to check the solvency of the exchanges. It turned out that the withdrawal of the problem arose from customers Poloniex sites, Coinbase Pro, Bitfinex, HitBTC and Purse applications, Robinhood.
Note that on the night of January 1, for the first time in almost three months, the complexity of bitcoin mining increased by 10%. The network's hashrate also showed moderate growth – up to 45 EH / s. It is noteworthy that the share of pools Antpool and BTC.com in Bitcoin hashrate for half a year has decreased to 25%.
Data Blockchain.com
In the meantime, the price ranged between $ 3,700 and $ 3,900, despite the apparently positive news about raising $ 182.5 million by the Bakkt platform from the giants Boston Consulting Group, Microsoft and Naspers. We emphasize that on January 6, Bitcoin again overcame $ 4000.
This week, the famous Bitcoin-optimist Mike Novograts has increased his share in the cryptocurrency-oriented trading bank Galaxy Digital to 79.3%, having invested $ 4.8 million.
Ethereum
World Computer returned the second place in the rating of CoinMarketCap analytical resource and, on average, is ahead of its closest competitor, Ripple, by $ 1 billion.
Leading developers Ethereum also previously come to an agreement on a new service platform code base, the implementation of which will block access to mining on ASIC-devices.
A proposal was made under the name ProgPoW – if it is accepted, the extraction of ETH in the future will be carried out exclusively on more traditional equipment like video cards, limiting the influence of ASIC miners.
Note that over the improvement of the protocol and thought in ZCash. So, ZCash Company CEO Zuko Wilcox acknowledged that this privacy-oriented cryptocurrency user has a too high rate of inflation, and focused on possible changes in the consensus algorithm that can be accepted if approved by the community.
Launch beam
This week, an Israeli startup Beam launched a cryptocurrency of the same name, focused on increased privacy, based on the Mimblewimble protocol.
The Beam blog says that with the launch of the main network, users are available:
- Desktop mining application for CPU for Linux, Mac, Windows
- CLI Wallet (Linux, Mac, Windows)
- Beam Node (Linux, Mac, Windows)
- Separate OpenCL miner (Linux and Windows)
- Separate miner Cuda (Linux and Windows)
The Beam team is also working on two additional projects – Project Lumini and Beam Lightning. The first is designed to combine Beam and Ethereum, the second – integrates the Beam with the Lightning Network.
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