2021: The Year of Corporate and Institutional Crypto Adoption - or More Strikt Regulations to Kill ?
Both. The weak will be killed but I think they’ll have the mother of all pumps before some event crashes everything and weak alts, ~95% will never rise again. Expect mass network attacks too during the chaos. Enjoy the huge moon ride just get out before it crashes. BTC isn’t a safe haven. Cash if you can or USDC, I wouldn’t trust USDT. tethercorn is the future! B))) hehe That would shock me. They’re so sketch. We’ll see. When they buy puts on the bitcoin crash they could buy back all the USDT to cover the billions in phantom USDT then welcome the SEC back in. But there’s no way they used 1:1 backed USDT to pump btc. It was all Monopoly money. I don’t mind, print $10 billion and bring Willy back too. Lol Today we might learn more when thetherfinex will deliver the requested docs for that US case. Than that stable act Than new SEC boss Gensler (ex CFTC) all such USD trackers are derivatives
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2021: The Year of Corporate and Institutional Crypto Adoption - or More Strikt Regulations to Kill ?
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Bitcoin SV Update: Raising the limit with Dynastic – Bitcoin SV v1.0.7 beta releasedToday, the Bitcoin SV Infrastructure team released v1.0.7 (beta release) of the Bitcoin SV node software. Codenamed ‘Dynastic’, the planned upgrade is headlined by the introduction of support for long chains of unconfirmed transactions, unlocking new use cases for applications and services that require high transaction throughput.
With the Dynastic update, the benefits of a blockchain that scales unbounded will be evident to all, as block building gets back to basics. The fee selection logic that allowed miners to prioritise transactions with the highest attached fee – a ‘feature’ introduced in response to the limited 1 MB block size on the BTC network – has been removed, no longer necessary on the Bitcoin SV network which scales to meet demand, ensuring safe, instant transactions at predictable low fees.
The change has been facilitated through several updates, which have collectively replaced the Legacy Block Assembler with a new Journaling Block Assembler, allowing the removal of the fee selection code – in the process simplifying transaction selection logic and providing a small performance boost.
More importantly, however, it allowed the Bitcoin SV Infrastructure team to extend the child-pays-for-parent (CPFP) and ancestor limit from 25 to 1,000 transactions. As a result, businesses and enterprises can create far longer sets of chained transactions before they are mined in a block. That new limit is intended to be temporary too, with Technical Director of the Bitcoin SV Infrastructure team, Steve Shadders, confirming that once the 1,000-transaction limit has been sufficiently tested, the team planned to remove the limit entirely.
The present extension (and impending removal) of the CPFP and ancestor limits stands to have a significant impact for enterprises and developers that require truly enterprise-grade blockchain solutions.
Businesses were quick to take note too, with companies as varied as Bitcoin SV wallet provider HandCash and iGaming company BitBoss both signalling that the changes stand to have a marked impact on their product offering.
‘The ancestor limit was the last technical limitation in our way of creating a truly limitless nanopayments experience,’ says HandCash spokesperson Brandon Cryderman, who confirmed that their company’s developers had to date innovated around the limitation as best as they could.
‘This update is very important for HandCash to reach its full potential.’
That’s a familiar sentiment for BitBoss CEO Matt Dickson, whose development team encountered similar issues when building complex blockchain-based casino games – where each action, say hitting in a game of blackjack, adding another unchained transaction – with the limitations quickly hit.
‘The removal of that limit is massive for online gaming; it basically completes Bitcoin SV as the ultimate blockchain for gambling,’ he says.
‘We’ve done a lot of work on this limit, but when it goes away, our system is going to be that much more powerful.’
To learn more about CPFP and long chains, read Shadders’ blog post on the topic ‘A belated Christmas present from the Bitcoin SV team’.
Source https://bitcoinassociation.net/raising-the-limit-with-dynastic-bitcoin-sv-v1-0-7-beta-released/ Version 1.0.7 upgrade is a beta release from version 1.0.6. It brings increased performance and support for long chains of unconfirmed transactions, which enables new use cases, for applications that require high transaction throughput.
Content details listed below:
▣ CPFP and ancestor limit extended from 25 to 1000 transactions. ▣ Legacy block assembler removed; support for low priority /free transactions removed. ▣ Refactoring of CCoinView ▣ P2P improvements
*Note: Should you have previously set, limitancestorcount in your configurations, make sure to increase this to a larger value (the new default value is 1000) or alternatively, remove it.
To learn more about CPFP/long chains, you might like to read the following blog post from Steve Shadders, Technical Director of the Bitcoin SV Infrastructure team:
Binaries and source code can be downloaded here:
https://bitcoinsv.io/2020/12/24/a-belated-christmas-present-from-bitcoin-sv-team/
URL: https://download.bitcoinsv.io/bitcoinsv/
Thank you for your continued support of Bitcoin SV.
Source https://bitcoinsv.io/2021/01/13/sv-upgrade-to-v1-0-7-beta-release/ Very good job! Thank you team ヽ( ´ー`)ノ This gives more freedom and allows more use cases like streaming money. True free of censorship cause nearly no fees (like a Google query ...)
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Just have a vote on what they ve to delist next ?
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Yeah, the case seems incredibly strong against Ripple. I didn't really have any opinion until reading the complaint, seems like a massive fraud pump and dump scheme. Say you like came up with a stock and had 99 of your friends in on it to pump up the price, the victims are the sad few outside the circle that don't know what you are doing to manipulate the price of the stock. In this case crypto. My thinking is it does not look good for Ripple on this one because their 'use case' was not the main motivation behind the crypto but just a side show to make people think it was legit.
The case is only strong against Ripple is because they have a creator to sue behind while Bitcoin does not have one. I do not think this BS of a lawsuit will lead to any progressive things, maybe if they can prove that it is not used for a better purpose, maybe they can get something out of it. Isn't that pump and dump present in bitcoin too? Some might say, if ppl deploy (soft) fork / change the token - changing whatever >> it is a total new thing == air drop & tax event at least Legal opinions ?
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Sometimes I really appreciate Lagarde and sometimes I don't.
Anyway, Bitcoin can't be regulated strictly speaking. But with this call from ECB's head, there might follow stricter sets of crypto regulations and implementations across the EU, and most probably worldwide, on Bitcoin-related services which certainly include exchanges more than others, so let us all prepare for the worst and brace ourselves for it.
But Bitcoin is not created for dirty and funny business. Bitcoin means serious business. Lagarde should be aware that there is nothing dirtier and funnier than the fiat monetary system and the banks.
I hear that, but for getting from the 'wannabe' for serious business (and I remember the time, when business got kicked out and denounced on bitcoin.org at Segwit / 2x days...) to really BE the thing for serious business there is a big gap in stability of governance and capacity >> scalability of defined product
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lovely no other base protocol needed Thx to Satoshi!!!
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Ohje In der Corona-Kriese fehlt uns ein entscheidender Indikator, um final abzuschätzen, ob wir in ner Bubble sind: Niemand kann zu seinem Frisör des Vertrauens!!! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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And this is why drops are intensified, people buying on the margin and then getting liquidated when they don't have sufficient capital to cover their positions. I am not sure why they think this is/was a smart idea, but I doubt people will learn anything from it.
also FCA now mitigate such risks for you https://coingeek.com/digital-currency-derivatives-ban-now-in-effect-in-uk/
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Holy
I d say it kills many average Joes. Big guys have more informations... esp in such unregulated markets
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...fundamentals...
Volumes very low last 2 years, Vtalik+Fondation still have billions of unsold ETH Where do you take ur data from? Source links please!
Looks like all links included and still move / alter / govern protocol or the final qality of an asset >> SEC - security: open your eyes
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Nachdem was ihr hier schreibt, müsste ja die totale Panik herschen. Ich sehe auf Bitstamp 32330 als low. Was ist das denn bitte für eine Panik? Higher lows. Alles gut.
Außerdem war das ATH doch bei 42000. 42! Damit ist alles gesagt.
Ohje, d.h. die Antwort auf alle Fragen haben wir schon ? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Price is such a dumb measure - esp in unregulated markets, driven from many layed off traders / bankers (criminals?) Value is the real thing DYOR - value might be only in Bitcoin as BSV - price just goes mad And pls make sure u undersand difference between: investing vs speculation ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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